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The gift will be regranted to a portfolio of nonprofits to power high-impact climate initiatives
Giving Green’s regranting fund has received a transformative $1 million donation to be disbursed to high-impact climate initiatives.
The Giving Green Fund is a regranting initiative that supports high-impact climate projects, as identified by evaluator Giving Green. Our research team advises grants based on the latest funding needs and trends in climate.
Launched at the end of 2022, the Giving Green Fund had received $700,000 as of the end of 2023. The $1 million donation in 2024, from the Ray and Tye Noorda Foundation, brings the total amount donated to the Giving Green Fund to $1.7 million as of Q1 2024.
“The idea of giving to the Giving Green Fund that is operated by specialists in climate feels like we’re expanding our philanthropic staff,” said Brittany Erikson, executive director of the Ray and Tye Noorda Foundation.
“Suddenly we have the Giving Green team and all the expertise they bring. It’s like an extension of RTNF’s own team members.”
While the Giving Green Fund has received institutional grants before, we are particularly excited about this gift for a few reasons:
With a larger fund, we can play an outsized role in catalyzing new ideas and organizations. We have assessed such opportunities in the past and look forward to evaluating more.
Partnership with a well-respected foundation can send a signal to other institutional philanthropists: that the Giving Green Fund can be an impactful place to give, and that funds in general can be a powerful way to leverage expertise beyond your own and enable strategic grantmaking.
The need for funding in high-impact climate work is much greater than $1 million. We believe this gift enables us to leverage further funds raised for even greater impact.
The Giving Green Fund disburses quarterly. The latest $1 million grant, along with the money raised in the first quarter of 2024, will be disbursed in the second quarter. All of the fund’s disbursements are published openly on Giving Green’s website.
Giving Green’s current top climate nonprofit recommendations work on the following high-leverage sectors: heavy industry decarbonization, next-generation geothermal energy, alternative protein innovation, shipping and aviation decarbonization, and advanced nuclear.
Within these five sectors, Giving Green recommends six top climate nonprofits:
Project InnerSpace Fast-tracking next-generation technologies to make geothermal energy available worldwide
Opportunity Green Reducing emissions from aviation and maritime shipping through a multi-pronged strategy
Industrious Labs Running comprehensive campaigns to decarbonize specific heavy industries
Good Food Institute Making alternative proteins as affordable and tasty as conventional products
Good Energy Supporting advanced nuclear as part of an environmentally just climate agenda
Clean Air Task Force Speeding up the growth of low-carbon technologies to reduce emissions broadly and quicker
(Listed in reverse alphabetical order)
We want to thank the Ray and Tye Noorda Foundation and all Giving Green Fund supporters for trusting the Giving Green team to find high-leverage giving opportunities, as well as for supporting the Giving Green Fund, which in turn supports scalable, feasible climate initiatives neglected by traditional funding.