{"id":8889,"date":"2021-07-13T19:29:09","date_gmt":"2021-07-13T19:29:09","guid":{"rendered":"https:\/\/theicct.org\/?page_id=8889"},"modified":"2025-05-21T13:05:46","modified_gmt":"2025-05-21T17:05:46","slug":"financials","status":"publish","type":"page","link":"https:\/\/theicct.org\/about\/financials\/","title":{"rendered":"Financials"},"content":{"rendered":"[et_pb_section fb_built=”1″ admin_label=”Title” _builder_version=”4.16″ _module_preset=”default” background_color=”#36424A” background_image=”https:\/\/theicct.org\/wp-content\/uploads\/2021\/08\/Untitled-design-18.png” collapsed=”on” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider show_divider=”off” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ _module_preset=”default” header_text_color=”#FFFFFF” header_2_text_color=”#FFFFFF” header_3_text_color=”#FFFFFF” animation_style=”slide” animation_direction=”bottom” global_colors_info=”{}”]\n

Financials and funding<\/h1>\n[\/et_pb_text][et_pb_divider color=”#F4AF00″ divider_weight=”1px” _builder_version=”4.16″ _module_preset=”default” width=”10%” module_alignment=”center” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ _module_preset=”default” header_text_color=”#45555F” header_2_text_color=”#FFFFFF” header_3_text_color=”#FFFFFF” animation_style=”slide” animation_direction=”bottom” global_colors_info=”{}”][\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ specialty=”on” admin_label=”Funding intro and resources” _builder_version=”4.23.4″ _module_preset=”default” custom_padding=”||0px|||” global_colors_info=”{}”][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_row_inner _builder_version=”4.23.4″ _module_preset=”default” custom_padding=”||26px|||” global_colors_info=”{}”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.23.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.24.2″ _module_preset=”default” text_font_size=”19px” text_line_height=”1.8em” global_colors_info=”{}”]\n

The International Council on Clean Transportation\u2019s success is driven by the support of our funders. They empower us to lead pivotal initiatives for a cleaner planet and a more sustainable global transportation system.<\/p>\n

We have earned high recognition from several charity watchdogs, showcasing our commitment to financial transparency, accountability, and stewardship. The ICCT holds a prestigious Platinum Seal of Transparency for 2023 from GuideStar<\/a>, reflecting its exceptional openness in its operations. This GuideStar rating shows the ICCT\u2019s commitment to providing detailed and accurate information to the public and its supporters.<\/p>\n

The ICCT has also received a high rating from Charity Navigator<\/a>, showcasing our commitment to transparency, financial health, and accountability. Our rating reflects our exceptional performance across multiple evaluation criteria, including finance and accountability, culture and community, and leadership adaptability. This rating highlights the ICCT\u2019s effective use of resources and its strong governance practices. With a focus on rigorous research and policy analysis, we tackle the most urgent environmental issues.<\/p>\n

The support of our donors allows our work to deliver better policies, and more impactful solutions to policymakers and regulators around the world. Together, we\u2019re forging a path towards a safer, healthier world and a cleaner transportation future.<\/p>\n[\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_divider color=”#F4AF00″ _builder_version=”4.23.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.24.2″ _module_preset=”default” header_font=”|700||on|||||” header_2_font=”|700||on|||||” header_2_font_size=”18px” custom_margin=”-25px||-25px||true|false” custom_padding=”||||false|false” global_colors_info=”{}”]\n

resources<\/h2>\n[\/et_pb_text][et_pb_button button_url=”https:\/\/theicct.org\/wp-content\/uploads\/2024\/07\/2023-International-Council-on-Clean-Transportation_Audited-Financial-Statement_Final.pdf” button_text=”Financial statement” button_alignment=”left” _builder_version=”4.25.2″ _module_preset=”default” custom_margin=”||5px||false|false” global_colors_info=”{}”][\/et_pb_button][et_pb_button button_url=”https:\/\/theicct.org\/about\/board-of-directors\/” button_text=”Board of directors” button_alignment=”left” _builder_version=”4.25.1″ _module_preset=”default” custom_margin=”||5px||false|false” global_colors_info=”{}”][\/et_pb_button][et_pb_button button_url=”https:\/\/theicct.org\/wp-content\/uploads\/2024\/12\/2023-International-Council-on-Clean-Transportation-Form-990-Public-Disclosure-Copy.pdf” button_text=”IRS Form 990″ button_alignment=”left” _builder_version=”4.27.4″ _module_preset=”default” custom_margin=”||5px||false|false” global_colors_info=”{}”][\/et_pb_button][et_pb_button button_url=”https:\/\/theicct.org\/about\/donate\/” button_text=”donate ” button_alignment=”left” _builder_version=”4.25.2″ _module_preset=”default” custom_margin=”||||false|false” global_colors_info=”{}” button_text_color__hover_enabled=”on|desktop”][\/et_pb_button][et_pb_divider color=”#F4AF00″ _builder_version=”4.23.4″ _module_preset=”default” custom_margin=”||4px|||” global_colors_info=”{}”][\/et_pb_divider][et_pb_image src=”https:\/\/theicct.org\/wp-content\/uploads\/2024\/01\/CharityNav_Logo_Hor1.png” title_text=”CharityNav_Logo_Hor1″ _builder_version=”4.23.4″ _module_preset=”default” width=”70%” global_colors_info=”{}”][\/et_pb_image][et_pb_image src=”https:\/\/theicct.org\/wp-content\/uploads\/2024\/01\/guidestar-logo.png” title_text=”guidestar-logo” _builder_version=”4.23.4″ _module_preset=”default” width=”55%” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Funders” _builder_version=”4.23.4″ _module_preset=”default” custom_padding=”2px||3px|||” collapsed=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” custom_padding=”3px||4px|||” collapsed=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.16″ _module_preset=”default” custom_margin=”||14px|||” global_colors_info=”{}”]\n

Funders<\/h2>\n[\/et_pb_text][et_pb_text _builder_version=”4.24.2″ _module_preset=”default” text_font_size=”19px” global_colors_info=”{}”]Our work would not be possible without the vital contributions of a growing core group of funders whose generous support provides the foundation for all our efforts. Our funders include:<\/strong>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_5,1_5,1_5,1_5,1_5″ _builder_version=”4.16″ _module_preset=”default” collapsed=”off” global_colors_info=”{}”][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/theicct.org\/wp-content\/uploads\/2024\/02\/sequoia-foundation-logo.png” title_text=”sequoia foundation logo” url=”http:\/\/www.sequoiafoundation.org\/” _builder_version=”4.24.2″ _module_preset=”default” width=”80%” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/theicct.org\/wp-content\/uploads\/2023\/05\/Stiftung_Mercator_Blau_RGB.png” title_text=”Stiftung_Mercator_Blau_RGB” url=”https:\/\/www.stiftung-mercator.de\/en\/” _builder_version=”4.24.2″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/theicct.org\/wp-content\/uploads\/2021\/08\/climateworks-foundation-logo-vector-e1628708692182.png” title_text=”climateworks-foundation-logo-vector” url=”https:\/\/www.climateworks.org” url_new_window=”on” align=”center” _builder_version=”4.16″ _module_preset=”default” custom_margin=”15px||15px||false|false” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/theicct.org\/wp-content\/uploads\/2021\/08\/Unknown-e1628708754720.jpeg” title_text=”Unknown” url=”https:\/\/europeanclimate.org” url_new_window=”on” align=”center” _builder_version=”4.16″ _module_preset=”default” custom_margin=”15px||15px||false|false” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column 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global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/theicct.org\/wp-content\/uploads\/2024\/02\/oceankind-logo.png” title_text=”oceankind logo” url=”https:\/\/oceankind.org\/” _builder_version=”4.24.2″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/theicct.org\/wp-content\/uploads\/2021\/08\/hewlett-foundation-logo-e1628709623589.png” title_text=”hewlett-foundation-logo” url=”https:\/\/hewlett.org” url_new_window=”on” align=”right” _builder_version=”4.16″ _module_preset=”default” custom_margin=”15px||15px||false|false” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_image 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_module_preset=”default” title_text=”Climate Imperative logo” hover_enabled=”0″ sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.16″ _module_preset=”default” collapsed=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.24.2″ _module_preset=”default” text_font_size=”19px” text_line_height=”1.8em” custom_padding=”||0px|||” animation_direction=”left” global_colors_info=”{}”]\n

Funding our progress<\/h2>\n

The ICCT, a 501(c)(3) nonprofit organization with headquarters in the United States, is grateful for the generous support of numerous funders who make it possible for us to advance and fulfill our mission to produce rigorous, objective, independent research, and analysis to inform public policy and advance progress toward a cleaner global transportation system. The ICCT is primarily funded by foundations. The ICCT receives funding from other sources including consulting services, government entities, individuals, and corporations. However, funding from corporations is subject to specific limitations, as the ICCT does not accept funding from any corporate entity that is the focus of our research, analysis, or advice to policymakers.<\/p>\n

The ICCT welcomes support from new funders to help us continue to improve the environmental performance and energy efficiency of road, marine, and air transportation, to benefit public health and mitigate climate change. We follow a strict diligence process on acceptance of funds and review funding sources regularly. Acceptance of funding follows our principles of transparency and independence. This process ensures that our research and operational activities are based solely on their impact on our mission and vision.<\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”maximizing impact” _builder_version=”4.23.4″ custom_padding=”2px|||||” collapsed=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.23.4″ _module_preset=”default” custom_padding=”||21px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.23.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_divider color=”#45555F” divider_weight=”2px” admin_label=”Divider” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.25.2″ _module_preset=”default” text_font_size=”19px” text_line_height=”1.8em” custom_padding=”||0px|||” animation_direction=”left” global_colors_info=”{}”]\n

Maximizing your impact<\/h2>\n

At the core of the ICCT, we are leaders in advancing global clean transportation policies<\/strong>, backed by our robust technical research and analysis. Our funding supports a broad spectrum of programmatic research aimed at decarbonizing the transportation sector by 2050, encompassing passenger and heavy-duty vehicles, marine, aviation, the development of low-carbon fuels, and more. Our budgets have grown consistently from $13.7 million in 2020 to $24.3 million in 2023, with a projected budget of $30.5 million for 2024, increasing our ability to have a greater impact.<\/p>\n[\/et_pb_text][et_pb_image src=”https:\/\/theicct.org\/wp-content\/uploads\/2024\/06\/Financials-page-figure.png” title_text=”Financials page figure” show_in_lightbox=”on” align=”center” _builder_version=”4.25.2″ _module_preset=”default” width=”70%” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.25.2″ _module_preset=”default” text_font_size=”19px” text_line_height=”1.8em” custom_padding=”15px||15px||true|false” global_colors_info=”{}”]\n

Our efforts encompass critical operational areas \u2014 including finance, IT, communications, development, human resources, and administration\/management \u2014 that are essential for disseminating innovative solutions to policymakers worldwide. Our team of professionals brings diverse skills in policy design, advanced technology, and economic analysis. Focusing on emergent areas like critical minerals, batteries, and charging infrastructure, this multidisciplinary approach ensures the ICCT remains at the cutting edge of policy and technology development, driving significant impacts in clean transportation globally<\/strong>.<\/p>\n[\/et_pb_text][et_pb_image src=”https:\/\/theicct.org\/wp-content\/uploads\/2024\/06\/staff-breakdown-1.png” title_text=”staff breakdown (1)” show_in_lightbox=”on” align=”center” _builder_version=”4.25.2″ _module_preset=”default” width=”90%” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_5,1_5,1_5,1_5,1_5″ disabled_on=”on|on|on” _builder_version=”4.16″ _module_preset=”default” custom_padding=”||15px|||” disabled=”on” global_colors_info=”{}”][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_circle_counter title=”Core programs” number=”62.73″ bar_bg_color=”#6c953c” circle_color=”#F3E8CA” circle_color_alpha=”0.75″ admin_label=”Circle Counter” _builder_version=”4.25.0″ _module_preset=”default” title_font_size=”16px” number_font_size=”22px” max_width=”190px” module_alignment=”center” global_colors_info=”{}”][\/et_pb_circle_counter][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_circle_counter title=”Management” number=”24.92″ bar_bg_color=”#007A94″ circle_color=”#F3E8CA” circle_color_alpha=”0.75″ admin_label=”Circle Counter” _builder_version=”4.25.1″ _module_preset=”default” title_font_size=”16px” number_font_size=”22px” max_width=”190px” module_alignment=”center” global_colors_info=”{}”][\/et_pb_circle_counter][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_circle_counter title=”Administration” number=”6.96″ bar_bg_color=”#642566″ circle_color=”#F3E8CA” circle_color_alpha=”0.75″ admin_label=”Circle Counter” _builder_version=”4.25.1″ _module_preset=”default” title_font_size=”16px” number_font_size=”22px” max_width=”190px” module_alignment=”center” global_colors_info=”{}”][\/et_pb_circle_counter][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_circle_counter title=”Communications” number=”3.61″ bar_bg_color=”#D6492A” circle_color=”#F3E8CA” circle_color_alpha=”0.75″ admin_label=”Circle Counter” _builder_version=”4.25.0″ _module_preset=”default” title_font_size=”16px” number_font_size=”22px” max_width=”190px” module_alignment=”center” global_colors_info=”{}”][\/et_pb_circle_counter][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_circle_counter title=”Development” number=”1.77″ bar_bg_color=”#F4AF00″ circle_color=”#F3E8CA” circle_color_alpha=”0.75″ admin_label=”Circle Counter” _builder_version=”4.25.0″ _module_preset=”default” title_font_size=”16px” number_font_size=”22px” max_width=”190px” module_alignment=”center” global_colors_info=”{}”][\/et_pb_circle_counter][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.24.2″ _module_preset=”default” custom_padding=”||20px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.24.2″ _module_preset=”default” global_colors_info=”{}”][et_pb_text disabled_on=”on|on|on” _builder_version=”4.25.1″ _module_preset=”default” text_font_size=”15px” disabled=”on” global_colors_info=”{}”]\n

FY22 Audited Financials:<\/strong> 62.73% for core programs; 31.89% for combined operations (administration and management); 3.61% for communications; 1.77% for development.<\/span><\/p>\n[\/et_pb_text][et_pb_divider color=”#45555F” divider_weight=”2px” admin_label=”Divider” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ specialty=”on” _builder_version=”4.23.4″ _module_preset=”default” custom_padding=”2px|||||” global_colors_info=”{}”][et_pb_column type=”1_2″ specialty_columns=”2″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_row_inner _builder_version=”4.23.4″ _module_preset=”default” custom_padding=”10px|||||” global_colors_info=”{}”][et_pb_column_inner saved_specialty_column_type=”1_2″ _builder_version=”4.23.4″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.23.1″ _module_preset=”default” global_colors_info=”{}”]\n

Annual reports<\/h2>\n[\/et_pb_text][et_pb_text _builder_version=”4.24.2″ _module_preset=”default” text_font_size=”19px” text_line_height=”1.8em” global_colors_info=”{}”]Our annual reports highlight how contributions from our funders directly support our mission to foster clean transportation worldwide.[\/et_pb_text][et_pb_toggle title=”Download” open=”on” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]\n