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Filing year 2024

GROWALD CLIMATE FUND INC

Brookline, Massachusetts·EIN 46-4209325·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$29.3M
Total assets
$41M
Total expenses
$33.5M
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

Chief Executive Officer
75th to 90th percentile
$317k
$339k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GROWALD CLIMATE FUND INC equaled 0.9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.9%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$28M

Itemized grants

170

Median grant

$40k

RecipientLocationPurposeAmount
EUROPEAN CLIMATE FOUNDATIONTHE HAGUE, NLPROJECT SUPPORT$2.5M
INT'L RESEARCH & EXCHANGES BOARD (IREX)WASHINGTON, DCPROJECT SUPPORT$1.2M
EUROPEAN CLIMATE FOUNDATIONTHE HAGUE, NLPROJECT SUPPORT$1M
SUNRISE PROJECT INC - USBROOKLYN, NYPROJECT SUPPORT$1M
THE ENERGY FOUNDATIONSAN FRANCISCO, CAPROJECT SUPPORT$1M
AGENCE FRANCAISE DE DEVELOPPEMENTPARIS, FRPROJECT SUPPORT$800k
ROCKEFELLER PHILANTHROPY ADVISORS INCNEW YORK, NYPROJECT SUPPORT$760k
INT'L RESEARCH & EXCHANGES BOARD (IREX)WASHINGTON, DCPROJECT SUPPORT$700k
INT'L RESEARCH & EXCHANGES BOARD (IREX)WASHINGTON, DCPROJECT SUPPORT$608k
CLIMATE 2025SHEFFIELD, UKPROJECT SUPPORT$575k
ACTION SPEAKS LOUDERNEW CASTLE, ASCORE SUPPORT$500k
ALLIANCE FOR TRIBAL CLEAN ENERGYWASHINGTON, DCPROJECT SUPPORT$500k
CLIMATE 2025SHEFFIELD, UKPROJECT SUPPORT$500k
CLIMATE 2025SHEFFIELD, UKPROJECT SUPPORT$500k
CLIMATEWORKS FOUNDATIONSAN FRANCISCO, CAPROJECT SUPPORT$500k
GLOBAL GREENGRANTS FUNDBOULDER, COPROJECT SUPPORT$500k
NEXT GROUPSEOUL, KSCORE SUPPORT$500k
CLIMATEWORKS FOUNDATIONSAN FRANCISCO, CAPROJECT SUPPORT$413k
EUROPEAN CLIMATE FOUNDATIONTHE HAGUE, NLPROJECT SUPPORT$350k
UNITED CHARITABLETYSONS, VAPROJECT SUPPORT$350k
FORENINGEN ACTERAARHUS, DACORE SUPPORT$310k
CLIMATE BONDS INITIATIVELONDON, UKCORE SUPPORT$300k
RABIA TRANSITIONS INITIATIVEJOHANNESBURG, SFCORE SUPPORT$300k
RECLAIM FINANCEPARIS, FRCORE SUPPORT$300k
THE REGENTS OF CA - BERKELEYBERKELEY, CAPROJECT SUPPORT$300k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 8%
from 2023

From $295k in 2023 to $317k in 2024.

$295k
2023
$317k
2024
In today's dollarsEst.
Up 4% in real terms$325k to $339k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue held roughly steady.

$295k in 2023 to $317k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GROWALD CLIMATE FUND INC

What does the Chief Executive Officer of GROWALD CLIMATE FUND INC earn?

In 2024, the Chief Executive Officer of GROWALD CLIMATE FUND INC received $317,407 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GROWALD CLIMATE FUND INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at GROWALD CLIMATE FUND INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at GROWALD CLIMATE FUND INC equaled 0.9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are GROWALD CLIMATE FUND INC's revenue and expenses?

In 2024, GROWALD CLIMATE FUND INC reported $29.3M in total revenue and $33.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.