RF Catalytic Capital Inc
RF Catalytic Capital Inc (RFCC) is a public charity based in New York, NY, formed in 2020. A charitable offshoot of The Rockefeller Foundation, RFCC brings together foundations, impact investors, businesses, governments, and other funders to support shared initiatives. It aggregates funding, incubates projects, and provides operational support to help initiatives develop and scale.
RF Catalytic Capital Inc at a glance
In short: RF Catalytic Capital Inc gave $124.5M across 105 grants in 2024 (avg $1.2M), top state District of Columbia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $124,535,795
- +127.3% vs 2023
- Grants made (2024)
- 105
- +250.0% vs 2023
- Average grant
- $1,186,055
- -35.1% vs 2023
- Median grant
- $800,000
- Total assets
- $268,620,483
- -5.5% vs 2023
- Primary geography
- District of Columbia (47% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026.
How to apply to RF Catalytic Capital Inc
- Contact
Mailing address: 420 Fifth Avenue, New York, NY 10018-2702
Phone: (212) 852-8361
Website: https://rfcatalytic.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from RF Catalytic Capital Inc
Who RF Catalytic Capital Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The World Bank ($15.0M). Together the top 10 received $47.1M.
Grant Size Distribution
162 grants across all recorded years
The most common grant size was in the $1–5M range: 73 grants of 162 (45%).
Geographic Focus
Where this funder awards grants
RFCC describes work in the United States and internationally. In 2024, 47% of grant dollars went to recipients in the District of Columbia, 9% to California, 8% to North Carolina, 5% to Virginia, and 4% to Colorado. Its 2024 grants also included support for a Puerto Rico-based organization.
Grant Distribution by State
Share of 2024 grant dollars across all 105 itemized grants.
States
Cities
How RF Catalytic Capital Inc gives
Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $10.8M (2021) to $124.5M (2024). In 2024 it made 105 grants totaling $124.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The World Bank Washington, DC | To Provide Technical Assistance | $15,000,000 |
| Justice Climate Fund Washington, DC | To Support Capacity Building | $4,000,000 |
| Puerto Rico Community Foundation Inc San Juan, PR | To Provide Technical Assistance | $4,000,000 |
| Global Impact Alexandra, VA | To Support Capacity Building | $3,880,000 |
| Pact Washington, DC | To Provide Technical Assistance | $3,879,232 |
| Coalition for Green Capital Washington, DC | To Support Capacity Building | $3,264,704 |
| Alliance for Tribal Clean Energy Washington, DC | To Support Capacity Building | $2,500,000 |
| Climate and Clean Energy Equity Fund Washington, DC | To Support Capacity Building | $2,500,000 |
| Windward Fund Washington, DC | In Support of Capacity Building | $2,500,000 |
| Farm-to-Power Inc Grand Rapids, MN | To Support Capacity Building | $2,400,000 |
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Financial History
Multi-year comparison from IRS filings
In addition to grants, RFCC reported six program-related investments outstanding on behalf of GEAPP as of December 31, 2024. It also reported six recoverable grants to grantees and one recoverable grant on behalf of GEAPP.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $268,620,483 | $167,640,233 | $178,269,283 | $124,535,795 | 105 | $5,963,440 |
| 2023 | $284,290,525 | $289,020,356 | $192,551,695 | $54,797,612 | 30 | $5,306,927 |
| 2022 | $174,203,183 | $78,574,107 | $223,643,088 | $49,777,491 | 17 | $1,275,048 |
| 2021 | $241,603,034 | $246,273,218 | $13,480,177 | $10,766,711 | 10 | $19,218 |
| 2020 | $7,251,286 | $6,751,286 | — | — | — | $1,286 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
RFCC states that its mission is to channel funding to people and places more quickly and efficiently, serving funders and recipients with solutions to urgent challenges. Its website describes a model of mobilizing resources, accelerating projects, and partnering with project teams through initiation, incubation, and spin-off.
Its 2024 filing describes activities including the Economic Opportunity Coalition, which aims to address economic disparities and expand opportunity in underserved U.S. communities; the Periodic Table of Food Initiative, focused on food composition data and food-system research; and the Bretton Woods Initiative at 80, focused on developing a future economic strategy that financially empowers the Global South. The filing also describes RFCC’s impact-first program-related investments on behalf of the Global Energy Alliance for People and Planet (GEAPP), which may take the form of equity or debt.
Examples of organizations supported in 2024 illustrate the range of grantees. The Justice Climate Fund describes its mission as mobilizing finance for projects that reduce greenhouse gas emissions and air pollution in U.S. communities. The Puerto Rico Community Foundation says it develops community capacity for social and economic transformation in Puerto Rico. The Alliance for Tribal Clean Energy describes providing no-cost capacity-building support to tribes.
Grantmaking
RFCC reported 105 grants totaling $124,535,795 in 2024. Grant amounts ranged from $56,573 to $15 million, with a median of $800,000.
The largest reported grants included $15 million to the World Bank, for technical assistance; $4 million to Justice Climate Fund for capacity building; $4 million to Puerto Rico Community Foundation for technical assistance; $3.88 million to Global Impact for capacity building; and $3,879,232 to Pact for technical assistance. Other large awards included $3,264,704 to Coalition for Green Capital for capacity building, $2.5 million each to Alliance for Tribal Clean Energy, Climate and Clean Energy Equity Fund, and Windward Fund for capacity-building support, and $2.4 million to Farm-to-Power for capacity building.
RFCC’s filing says it invites tax-exempt 501(c)(3) organizations and other organizations to submit letters of intent or proposals for projects related to its priorities. Some applicants may be asked to submit a more detailed proposal, including a scope of work, evaluation plans, a detailed budget, and a budget narrative. Staff review proposals and make recommendations to the project lead based on alignment with RFCC priorities and potential impact and success.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Natalye Paquin as president; Erica Guyer as secretary; Robert Hillman and Geraldine F. Watson as directors; Keith Olson as treasurer from March 2024; and Dwayne Montaque as assistant treasurer. It lists Irena DiMario as interim treasurer through February 2024 and Woochong Um as CEO of GEAPP from October 2024, following Joseph Karanja Nganga as interim CEO of GEAPP through October 2024.
RF Catalytic Capital Inc is led by Joseph Karanja Nganga, Interim CEO of Geapp since 2024 (on filings since 2022); 8 of 16 officers listed in 2024 are compensated.
Officers on the 2024 filing
Joseph Karanja Nganga
Interim CEO of Geapp
Vice President of Geapp → Vice President, 2023
Vice President → Interim CEO of Geapp, 2024
On filings since 2022
35 hrs/week
$100K (2022) → $508K (2024)
Woochong Um
CEO of Geapp
New on the 2024 filing
35 hrs/week
$293K (2024)
Peter Colavito
Executive Director & Iof
New on the 2024 filing
35 hrs/week
$393K (2024)
Natalye Paquin
President
On filings since 2022
2 hrs/week
No compensation reported
Geraldine F. Watson
Director
On filings since 2022
1 hr/week
No compensation reported
Robert Hillman
Director
On filings since 2022
1 hr/week
No compensation reported
Stefana Fairholme
Chief Investment Officer of Geapp
Managing Director of Geapp → Chief Investment Officer of Geapp, 2023
On filings since 2022
35 hrs/week
$105K (2022) → $412K (2024)
Stephen Sidebottom
COO of Geapp
On filings since 2022
35 hrs/week
$273K (2022) → $401K (2024)
Sundaa Bridgett-Jones
Chief Partnership Officer of Geapp
Vice President of Geapp → Vice President, 2023
Vice President → Chief Partnership Officer of Geapp, 2024
On filings since 2022
35 hrs/week
$72K (2022) → $365K (2024)
Elizabeth Small
Chief Legal Officer of Geapp
New on the 2024 filing
35 hrs/week
$336K (2024)
Kitty Bu
Vice President Se Asia of Geapp
New on the 2024 filing
35 hrs/week
$477K (2024)
Erica Guyer
Secretary
On filings since 2022
17.5 hrs/week
No compensation reported
Irena Dimario
Interim-Treasurer
Inter. Treasurer → Interim-Treasurer, 2024
On filings since 2023
5 hrs/week
No compensation reported
Dwanye Montaque
Assistant Treasurer
New on the 2024 filing
17.5 hrs/week
No compensation reported
Keith Olson
Treasurer
New on the 2024 filing
5 hrs/week
No compensation reported
Nancy Juette
Assistant Secretary
New on the 2024 filing
28 hrs/week
No compensation reported
Former officers (5)
- Former: Dominick Impemba (2020–2023) — Treasurer
- Former: Maria Santos Valentin (2020–2023) — Former Secretary
- Former: Clare Boland Ross (2022–2023) — Former Vice President
- Former: Simon Harford (2022–2023) — CEO of Geapp
- Former: Steven Vanroekel (2020–2022) — President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $508K, to Joseph Karanja Nganga (Interim CEO of Geapp (Thru 10/24)). 8 officers or directors reported compensation on that filing.
Frequently asked questions about RF Catalytic Capital Inc
How much does RF Catalytic Capital Inc give each year?
RF Catalytic Capital Inc gave $124.5M across 105 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $54.8M across 30 grants.
What is RF Catalytic Capital Inc's typical grant size?
RF Catalytic Capital Inc's median grant in 2024 was $800,000, and its average grant was $1,186,055, across 105 grants on its 2024 IRS Form 990.
Where does RF Catalytic Capital Inc give grants?
RF Catalytic Capital Inc's top state is District of Columbia, with 47% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were California (9%) and North Carolina (8%). The most frequent recipient cities were Washington, DC (36 grants), San Francisco, CA (6 grants), New York, NC (5 grants) and Milwaukee, WI (4 grants).
Does RF Catalytic Capital Inc give general operating support?
Yes: 15% of RF Catalytic Capital Inc's 2024 grants with a stated purpose (16 of 105) were for general or operating support, per its 2024 IRS Form 990. Recurring purposes include "To Provide Technical Assistance" (39 grants), "To Support Capacity Building" (32 grants) and "To Support Workforce Development" (7 grants).
Who are RF Catalytic Capital Inc's largest grantees?
RF Catalytic Capital Inc's largest 2024 grantees include The World Bank ($15,000,000), Windward Fund ($4,500,000 across 2 grants) and Justice Climate Fund ($4,000,000), according to its 2024 IRS Form 990. Together they received 19% of its itemized 2024 grant dollars.
How large is RF Catalytic Capital Inc?
RF Catalytic Capital Inc reported $268.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $167.6M.
What does RF Catalytic Capital Inc fund?
RFCC states that its mission is to channel funding to people and places more quickly and efficiently, serving funders and recipients with solutions to urgent challenges. See mission & focus areas ↑
How do I apply for a grant from RF Catalytic Capital Inc?
RF Catalytic Capital Inc has no public application process in the sources Grantable reviewed. Check rfcatalytic.org for current guidelines, or contact the foundation directly before submitting a request.
What is RF Catalytic Capital Inc's EIN?
RF Catalytic Capital Inc's EIN (Employer Identification Number) is 85-2150251. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS October 3, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 7, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in RF Catalytic Capital Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). RF Catalytic Capital Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/rf-catalytic-capital-inc-morg_efe7a4d2912c4e1495f97b548e5de7de
BibTeX
@misc{grantable_852150251_2026,
author = {{Grantable}},
title = {{RF Catalytic Capital Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/rf-catalytic-capital-inc-morg_efe7a4d2912c4e1495f97b548e5de7de},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from RF Catalytic Capital Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
RF Catalytic Capital Inc down — hundreds of funders to go?