Maryland · Nonprofit
CLIMATE UNITED FUND
CLIMATE UNITED FUND (Maryland) receives grants from 2 organizations whose IRS filings report $1,779,500 to it, the largest being RF CATALYTIC CAPITAL INC ($1,329,500). 1 of them have funded it in more than one year.
- Revenue FY2025
- $49M
- Funders on record
- 2
- Grants received
- $1.8M
- Net assets
- $20M
What Climate United Fund does
Mission
Demonstrating the benefits of the clean enegy transition through investments in three priority areas - distributed power generation and storage, building decarbonization and electric transportation.
As stated on its FY2025 Form 990.
Program
The organization provides grants, loans and other forms of financial assistance to enable low income and disadvantaged communities to deploy or benefit from zero emission technologies.
$19,416,361 spentof which $12,702,595 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $19,416,361.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.3M to $7.0B (+540919%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2025 95%. Grants only. Government contracts and fees sit inside program revenue.
96% of CLIMATE UNITED FUND’s revenue is contributions — more donation-reliant than the typical peer (87% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Elizabeth Bafford
CEO and president
Board chair
Jennifer Pryce
Director/chair
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of CLIMATE UNITED FUND’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CLIMATE UNITED FUND leans on a few funders — its largest provides 75% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
75% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CLIMATE UNITED FUND.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
CLIMATE UNITED FUND draws 100% of its grant income from funders outside Maryland, across 2 states in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CLIMATE UNITED FUND runs a healthier operating margin than three-quarters of the 195 environment nonprofits its size.
this organization peer median middle 50% of peers· 195 environment nonprofits $10M–$100M, FY2025
Government funding CLIMATE UNITED FUND receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $7.0B on record.
- Environmental Protection Agency$7.0B
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like CLIMATE UNITED FUND
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
70% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 7 related entities
- Calvert Impact Capital · exempt
- Calvert Impact Inc · exempt
- Calvert Impact Climate Inc · exempt
- Equity for Impact LP · partnership
- Fpif Feeder Facility LP · partnership
Screen this organization
A dated, signed PDF of the compliance screen for CLIMATE UNITED FUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CLIMATE UNITED FUND?
- CLIMATE UNITED FUND (Maryland) receives grants from 2 organizations whose IRS filings report $1,779,500 to it, the largest being RF CATALYTIC CAPITAL INC ($1,329,500). 1 of them have funded it in more than one year.
- How many funders does CLIMATE UNITED FUND have?
- IRS filings report 2 organizations giving $1,779,500 in grants to CLIMATE UNITED FUND, 1 of which have funded it in more than one year.
- Who is the largest funder of CLIMATE UNITED FUND?
- RF CATALYTIC CAPITAL INC is the largest funder on record, with $1,329,500 in grants. The full list of funders is on this page.
- How can an organization like CLIMATE UNITED FUND find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing