A climate-focused investment adviser and Certified B Corp.
Role in ClimateDAF
- Builds and manages the portfolios
- Runs the member experience
- Hosts the prize vote
Introducing
Let’s do more for our climate, together.
Investments?
Aligned
Green bonds and climate solutions, not fossil fuels.
Grant Restrictions?
None
Grant to any 501(c)(3), not just climate ones.
Impact?
Undeniable
1% each year funds a climate project you can point to.


The ClimateNOW Prize

Terraset, a climate nonprofit, invites applications and checks that each project is real, ready to build and won’t happen without this funding.
The goal of the ClimateNOW prize is to fund tangible, real climate projects every year. But how to decide which get funded? We all vote and the winners get the prize. 1% of your DAF = 1 vote. 5% = 5 votes. This way $5k and $500k have the same voice.
The pooled commitments fund the winner every year, and each grant includes a before-and-after film.
Fees
Admin fees right in line with the biggest names in giving, and they keep dropping as your DAF grows. Pick a balance to compare.
ClimateDAF
0.60%
Fidelity Charitable
0.60%
Vanguard Charitable
0.60%
Bank of America Charitable Gift Fund
0.90%
Who’s behind it
A climate-focused investment adviser and Certified B Corp.
Role in ClimateDAF

A climate nonprofit that evaluates and funds climate impact projects.
Role in ClimateDAF
How it works
Each piece does one job well. Tap a gear to see what it does.Step through them below.
Step 1
Start a new DAFTakes about 5 to 10 minutes to open. with cash or appreciated stock, or move the one you already have with a DAF-to-DAF grant from Fidelity Charitable, Schwab Charitable, Vanguard Charitable or another sponsor. No minimum.

Step 2
Altruist is the custodianCustody by Altruist Financial LLC, member FINRA/SIPC · 4,700+ advisors on the platform (April 2025). It holds your DAF’s assets, executes trades and sends statements. Vanguard, an early investor since 2020, agreed to acquire Altruist in August 2026, and Altruist continues to run as its own business.
Step 3
Carbon Collective specializes in building climate-aligned investment portfolios for long-horizon money, with $445M in regulatory assets under managementAs of September 30, 2026 we had $449,881,274 in regulatory assets under management from individual investors, employer 401(k) and 403(b) plans, and our ETFs and CITs, based on internal records and calculated using the Form ADV method. This method counts both our funds and client accounts that hold them, so some assets are counted twice. Rounded down for simplicity.. Its portfolios leave out fossil fuels and lean into climate solutions and green bonds.

Step 4
Endaoment is the 501(c)(3) public charityEndaoment has helped DAFs grant out over $180 million to charities as of Sep 30, 2026. that sponsors every ClimateDAF. Your contribution is a gift to Endaoment, which is what makes it deductible the year you give.

Step 5
Each year, at least 1% of your DAF balance joins every other member’s in the ClimateNOW Prize pool. Every 1% you commit is one vote, and together we fund one shovel-ready climate project with a before and an after.
Step 6
Recommend grants to any eligible 501(c)(3), whenever you’re ready: your school, your food bank, a climate group. If you like, share where you give with other members. It’s opt-in.

Need a hand?
Zach runs ClimateDAF. Whether you’re moving a DAF, picking a grant or just have a question, you get real help from real people (who are also climate nerds).
It’s an investment account where the proceeds can only be used to donate to nonprofits.
You take the tax deduction the year you add cash or appreciated stock. You can then grant out the money over time. Grant it all this year. Or all over 10 years. Or never (please don’t do that – abandoned DAFs are a big problem).
We wanted to open ClimateDAF because for some, the idea of donating to climate causes from funds that are invested in fossil fuel companies was a blatant contradiction.
Yes. You can grant the funds in one DAF to another one.
Most sponsors, including Fidelity Charitable, Schwab Charitable and Vanguard Charitable, allow DAF-to-DAF grants. During our onboarding flow, you can either have us hop on a call with you to do it together or send instructions based on where your current DAF is located.
Admin fees similar to the biggest DAF sponsors.
Our fund fees are higher than plain index funds, but lower than the climate pools at Fidelity Charitable and Vanguard Charitable. See the Pricing page for the exact numbers at any balance.
No. Grant to any eligible 501(c)(3).
Your school, your food bank, your church, a climate group. The only shared commitment is the 1% that goes to the ClimateNOW Prize pool, but you can give to any other 501(c)(3) just like a regular DAF.
Each year, at least 1% of your DAF balance goes to the shared prize pool.
Pooled together, members fund one shovel-ready climate project a year and each get one vote on which one. You can contribute more for more votes.
A climate-focused investment adviser and Certified B Corp.
We manage $445M in regulatory assets under managementAs of September 30, 2026 we had $449,881,274 in regulatory assets under management from individual investors, employer 401(k) and 403(b) plans, and our ETFs and CITs, based on internal records and calculated using the Form ADV method. This method counts both our funds and client accounts that hold them, so some assets are counted twice. Rounded down for simplicity. for 950 clients and retirement plans (as of Sep 30, 2026), and we build and manage the ClimateDAF portfolios.