Clean Energy Trust
Clean Energy Trust
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About this organization
Mission
Clean Energy Trust is an impact investor that fuels innovation to create a healthier environment and more prosperous future. We launch, fund, and grow early stage clean energy businesses in the Midwest through direct investment, venture development, and advocacy.
About
Foundation grants from Joyce Foundation, McKnight Foundation, and Energy Foundation support initiatives, engage with and educate individual, grassroots stakeholders and business stakeholders on the importance of policies, regulations and legislation supportive of clean energy innovation. Through support from the Joyce Foundation, McKnight Foundation and Energy Foundation, Clean Energy Trust leads a 12-state Midwest clean energy jobs study and to tell the story of this growth sector as it contributes to the economies and the environmental health of the Great Lakes region and beyond. The Midwest study is an integral component of a larger national study conducted by a consortium of partners and encompassing all 50-states and the District of Columbia.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “Clean energy trust (the "trust") was founded in april 2010 with the mission to support and promote clean energy and resource efficiency technologies and businesses in illinois and the greater midwest region. through investment, mentoring, coaching, and venture development support, the trust strives to help entrepreneurs bring innovative clean technologies to market and to build viable commercial enterprises that create jobs, further economic development, and better the environment. through these efforts, the trust also helps foster a stronger innovation ecosystem in the midwest that is supportive of new venture creation. the trust focuses on the following clean technology sectors: renewable energy, energy storage, energy efficiency, mobility and transportation, energy analytics, grid technologies, water technologies, waste reduction technologies, and agricultural technologies that further sustainable agricultural practices.”.
When detailing its duties, they were outlined as: “Clean energy trust is a cleantech accelerator that fuels innovation to create a healthier environment and more prosperous future.”.
- According to the law, the state of operation reported by the non-profit is IL.
- As per the filing, the address of the non-profit for 2020 is 20 N WACKER DRIVE NO 734, CHICAGO, IL, 60606.
- The non-profit's form for the year 2020 reports a total of 10 employees on their payroll.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $500,270.
- The organization has 9 independent voting members.
- The organization was formed in 2010.
- The organization pays $1,294,389 in salary, compensation, and benefits to its employees.
- The organization pays $234,486 in fundraising expenses.