BREAKTHROUGH ENERGY FOUNDATION

KIRKLAND, WA, 98083-0563 (425) 497-4300 Est. 2020 EIN 85-3672460
W80 - Public Utilities 990 - Public charity return 501(c)(3)
www.breakthroughenergy.org

Mission

Working with our world-class network of innovators, business and industry leaders, and policy experts, we accelerate the innovation of climate technologies at every stage - from discovery to development to deployment.

Giving Portfolio

Total Grants
376
Total Giving
$233.7M
Recipients
324
Years Active
2020 - 2024
Avg grant: $538,499 Median: $270,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2024149$71.9M $482K5075
2023132$72.7M $551K5759
202294$88.9M $946K811
20201$175K $175K10

Sectors Funded

Environment
107
Education
33
Science & Technology
17
Community Improvement
16
International & Foreign Affairs
14
Philanthropy & Grantmaking
11
Public & Societal Benefit
10
Social Science
9
and 8 more sectors

Top States

District of Columbia
98
California
92
Massachusetts
30
New York
24
Colorado
19
Virginia
17
Illinois
16
Washington
11
and 17 more states

Grantee Size Profile

Over $50M
100
$10M - $50M
65
$1M - $5M
51
$5M - $10M
29
$100K - $500K
6
$500K - $1M
5

Top Grantees

Page 1 of 3
$19.2M
CA - 3 grants
$11.0M
$9.5M
CO - 4 grants
$6.4M
MANTEL CAPTURE INC
MA - 3 grants
$5.0M
MOLTEN INDUSTRIES INC
CA - 3 grants
$5.0M
MARS MATERIALS INC
CA - 3 grants
$4.9M
HGEN
CA - 3 grants
$4.8M

Grants Awarded · 262 grants

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Financials

Total Revenue
$32,501,173
Total Expenses
$109,280,588
Net Assets
$67,986,763
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
7.5 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 71.8%
Expenses ↑ 1.4%
Revenue Sources
Contributions 92.9% Investment 6.9%
Expense Breakdown
Program 99.7% Management 0.3%

Officers & Trustees (4)

Individual compensation is available on Grow plans.

Filing History (4 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$32,501,173 ↓$109,280,588$67,986,763
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$115,229,753 ↑$107,742,439$144,961,050
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$5,356,937 ↓$124,246,345$135,108,324
2020 990 - Public charity return
Oct 16, 2020 to Jun 30, 2021
$265,222,424 $798,762$264,423,662

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EIN: 85-3672460 · Source: IRS Form 990 e-file data