Rocky Mountain Institute
Rocky Mountain Institute (RMI) is an independent, nonpartisan 501(c)(3) nonprofit organization founded in 1982 that transforms global energy systems through market-driven solutions. Based in Boulder, Colorado, RMI works to secure a prosperous, resilient, clean energy future for all by collaborating with businesses, policymakers, funders, communities, and other partners to drive investment in clean energy solutions, reduce energy waste, and boost access to affordable clean energy.
Key facts about Rocky Mountain Institute
- EIN
- 74-2244146
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $9,837,088
- Grants made (2024)
- 27
- Average grant
- $364,337
- Median grant
- $93,512
- Total assets
- $149,471,347
- Primary geography
- North Carolina (40% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Rocky Mountain Institute funds
By grant dollars, the top recipient states for Rocky Mountain Institute's 27 itemized 2024 grants were North Carolina (40%), District of Columbia (24%) and Massachusetts (12%). The most frequent recipient cities were Washington, DC (4 grants), Boston, MA (3 grants), San Francisco, CA (2 grants) and Seattle, WA (2 grants). None of its 27 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support Program" (25 grants).
How Rocky Mountain Institute gives
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Rocky Mountain Institute
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$149.5M
+6.2% YoY
Annual Giving
$9.8M
+98.1% YoY
Grant Count
27
+8.0% YoY
Avg Grant Size
$364K
+83.4% YoY
Mission & Focus Areas
Mission: Transforming the global energy system to secure a clean, prosperous, zero-carbon future for all.
RMI operates across multiple decarbonization sectors:
Buildings Program: Drives a clean energy transition in the global buildings sector through a whole-systems approach, advancing clean technology that lowers housing cost burdens and improves housing quality while creating safe and healthy built environments.
Electricity Program: Works with partners to create and scale solutions that deploy clean energy technologies while maintaining energy reliability, expanding energy access, and improving affordability. Activities include supporting US utilities in planning, providing independent analysis on China's wind and solar deployment, and transforming utility business models to support clean energy investment in the global South.
Transportation Program: Spearheads a rapid and equitable transition to clean transportation in India, China, the United States, and the global South, accelerating electrification of two- and three-wheelers and trucks.
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Geographic Focus
Where this funder awards grants
RMI is active in over 60 countries and operates in at least 28 countries including China, India, Indonesia, the United Kingdom, and Canada. The organization has specific program presence in the United States, India, China, the global South, Sub-Saharan Africa, and Ethiopia.
Grant Distribution by State
Share of all 27 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024 (as of June 30, 2024):
- Total Revenue: $164.7 million
- Total Expenses: $160.0 million
- Total Assets: $149.5 million
- Total Liabilities: $45.7 million
Fiscal Year 2023:
- Total Revenue: $139.4 million
- Total Expenses: $141.2 million
- Total Assets: $140.7 million
Workforce: Approximately 576-682 employees across the organization.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $149,471,347 | $140,735,486 | $116,417,411 |
| Revenue | $164,733,491 | $139,396,668 | $116,983,377 |
| Expenses | $160,014,972 | $141,157,018 | $107,203,385 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $838,264 | $8,804,384 | $8,154,503 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Canary Media ($3,937,867), Mission Possible Partnership ($2,203,750), Preservation of Affordable Housing Inc ($750,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CANARY MEDIA Asheville, NC | RELATED ENTITY GRANT | $3,937,867 |
| Mission Possible Partnership Washington, DC | SUPPORT FORMER RELATED ENTITY | $2,203,750 |
| Preservation of Affordable Housing Inc Boston, MA | SUPPORT PROGRAM | $750,000 |
| ADL Ventures LLC San Francisco, CA | SUPPORT PROGRAM | $602,207 |
| Action for Boston Community Development Inc Boston, MA | SUPPORT PROGRAM | $400,000 |
| Spark Northwest Seattle, WA | SUPPORT PROGRAM | $400,000 |
| Association for Energy Affordability Inc Bronx, NY | SUPPORT PROGRAM | $168,563 |
| Columbia University New York, NY | SUPPORT PROGRAM | $150,000 |
| David Baker Architects San Francisco, CA | SUPPORT PROGRAM | $119,275 |
| American Lung Association Chicago, IL | SUPPORT PROGRAM | $100,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Jon Creyts - Principal Officer/CEO
Jennifer Stokes - Chief Development Officer
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Edward White | Board Chair (End 12/23) | 1 | — |
| Jon Creyts | Chief Executive Officer | 40 | $549,360 |
| Martha C Pickett | General Counsel & Co-Chair | 40 | $427,426 |
| Sumant Sinha | Board Chair (Begin 01/24) | 1 | — |
| Amory Bloch Lovins | Trustee / Contractor | 1 | $85,149 |
| Anjali Bansal | Trustee | 1 | — |
| Audrey Zibelman | Trustee | 1 | — |
| Bryan J Hannegan | Trustee | 1 | — |
| Catherine Coleman Flowers | Trustee | 1 | — |
| Dennis V McGinn | Trustee | 1 | — |
| Dr Wei Ding | Trustee (End 12/23) | 1 | — |
| Elizabeth Ann Sall | Trustee (End 12/23) | 1 | — |
| Enki Tan | Trustee | 1 | — |
| George Polk | Trustee (End 12/23) | 1 | — |
| Jessica Uhl | Trustee | 1 | — |
| Kandeh Yumkella | Trustee | 1 | — |
| Ma Jun | Trustee | 1 | — |
| Martha Brooks | Trustee | 1 | — |
| Steve Denning | Trustee (End 1/24) | 1 | — |
| Todd Stern | Trustee (End 12/23) | 1 | — |
| Heather McCreery | Chief Financial Officer | 40 | $375,677 |
| Heidi Johnson | Assistant Secretary | 40 | $91,691 |
| Jennifer Stokes | Chief Development Officer | 40 | $366,224 |
| Kylie Rogers | Chief People Officer | 40 | $366,454 |
| Bryan Fisher | Managing Director | 40 | $370,586 |
| Josh Henretig | Managing Director | 40 | $368,826 |
| Leia Guccione | Managing Director | 40 | $373,414 |
| Lena Hansen | Chief Strategy Officer | 40 | $374,601 |
| Rushad Nanvatty | Managing Director | 40 | $386,250 |
| Jules Kortenhorst | CEO (End 1/2023) | 40 | $282,318 |
Recent News & Activity
Recent developments and announcements
RMI has received significant recent funding and recognition:
**Bezos Earth Fund:** Awarded $10 million to accelerate decarbonization of buildings and industry
RMI Awarded $10 Million from The Bezos Earth Fund to Accelerate ...**US Department of Energy:** Selected as key facilitator for DOE Energy Future Grants Program; received $4.4 million grant (March 2022)
RMI Chosen as Key Facilitator for DOE Energy Future Grants Program - RMI**Federal Funding:** Consortium member winning $3 million in federal funding to study feasibility of a direct air capture hub in the Pacific Northwest
Consortium wins $3 million in federal funding to study the feasibility ...**World Bank DARES Award:** Expanded program to scale renewable energy deployment in Sub-Saharan Africa
RMI Chosen as Key Facilitator for DOE Energy Future Grants Program - RMI**IKEA Foundation Partnership:** Partnering to power rural communities with renewable energy in Ethiopia
Rocky Mountain Institute and IKEA Foundation Partner to Power Rural CommunitiesFrequently Asked Questions
What does Rocky Mountain Institute fund?
**Mission:** Transforming the global energy system to secure a clean, prosperous, zero-carbon future for all. RMI operates across multiple decarbonization sectors: **Buildings Program:** Drives a clean energy transition in the global buildings sector through a whole-systems approach, advancing clean technology that lowers housing cost burdens and improves housing quality while creating safe and healthy built environments. **Electricity Program:** Works with partners to create and scale solution…
Where does Rocky Mountain Institute make grants?
RMI is active in over 60 countries and operates in at least 28 countries including China, India, Indonesia, the United Kingdom, and Canada. The organization has specific program presence in the United States, India, China, the global South, Sub-Saharan Africa, and Ethiopia.
What size grants does Rocky Mountain Institute award?
In 2024, Rocky Mountain Institute awarded 27 grants totaling $9.8M — an average of about $364K per grant, based on its IRS Form 990 filings.
What is Rocky Mountain Institute's EIN?
Rocky Mountain Institute's EIN (Employer Identification Number) is 74-2244146. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.