1 US Foundation Trends: Environmental and Climate Change Philanthropy Kristin Lindsey Executive Vice President and Chief Operating Officer Council on Foundations June 1, 2008

2 US Foundations  72,000 + Foundations  Total Value of Assets in 2007 $670 billion  Total Grants ≈ $43 billion  9% (3.8bn) international giving  1,382 new foundations in 2006

3 Environmental Funding by US Foundations About $1.15 billion went to the environment and animals Only 0.8% ($137.5 million) going towards climate Sources: The Foundation Center, Foundation Giving Trends, 2008; and Environmental Grantmakers Association, Intersections: Confronting the Climate Challenge

4 Foundation Environmental Giving- Latest Trends  Giving for Environment in Animals grew 9.7% annually between 2003 and 2006  Giving for Environment and Animals rose 10% in 2006: A record $1.1 billion was given that year Source: The Foundation Center, Foundation Giving Trends, 2008

5 Major Climate Funders-2006  William and Flora Hewlett Foundation  Energy Foundation  Pew Charitable Trust  Rockefeller Brothers Fund  Nathan Cummings Foundation  Rockefeller Foundation

6 The numbers are misleading. What’s included in climate change?  An expanded view of climate change funding $577M in the Gulf Coast and Indian Ocean Using a climate change “lens” in other funding areas

7 The numbers are misleading. What’s included in philanthropy?  Clinton Foundation Green buildings, online information network, C40 initiative, energy purchasing consortium, 1Sky, Clinton Global Intiative  Google.org Alternative energy, hybrid electric vehicles

8 How US funders are doing this work  Rockefeller Foundation (rockfound.org) $70M new initiative focused on climate change resilience  Rockefeller Brothers Fund (rbf.org) Cross programmatic initiative around energy Sustainable development – environmental stewardship  Doris Duke Charitable Foundation (ddcf.org) $100M climate change initiative focused on GHG policy change, clean energy technology and adaptation strategies

9 How US funders are doing this work  Design to Win (see: hewlett.org) Prioritizes: power, industry, buildings, transportation, forestry and carbon policy $600M a year (the need)  Energy Foundation (ef.org) Focus on US and China Renewable energy, code/appliance policy in buildings, transportation, build momentum for federal policy

10 How US funders are doing this work  Global Green Grants Fund (greengrants.org) $3 million a year, typically $2,000 - $5,000 Strengthen the grassroots environmental movement worldwide  Pew Charitable Trusts (pewtrusts.org) Leading policy and research institute

11 Collaborative Platforms  Environmental Grantmakers Association (ega.org)  European Foundation Centre (efc.be)  Funders Network for Smart Growth & Sustainable Communities (fundersnetwork.org)  Climate Change Philanthropy Action Network (ccpan.org)  Design to Win & Energy Foundations

12 Four Ideas  Environmental Lens Capital projects, youth environmental stewardship, green jobs initiative  Use all the assets. How to deploy the other $627 Billion  Green buildings How green is your workplace? Kresge Foundation (kresge.org)  Immediate urgency + long term commitment