Founder and CEO, 49 prince street
Tracey Durning is a systems entrepreneur focused on building collaborative platforms that scale capital, knowledge, networks, and influence to achieve significant social impact. Working with a wide spectrum of stakeholders, she pursues nonprofit and for-profit pathways to that end.
Until recently, Tracey was also the Executive Director at Planet Heritage Foundation for a decade where she managed the grant-making and impact investments portfolio, as well as built its social enterprise startups.
In climate change, she is the Founding CEO of Energy Options Network (EON), a nonprofit organization whose mission is to identify and accelerate transformative zero carbon energy solutions (i.e. innovative nuclear fission, fusion, supercritical geothermal energy, H2 based liquid fuels) needed to deeply reduce future fossil fuel use. She is also a Founder of Aligned Intermediary, an investment group created to help institutional investors accelerate and increase the flow of capital investments across clean energy, water infrastructure, and waste-to-value. AI, Inc mobilized approximately $250 million into direct investments in its first year and conceived of/architected the Climate Finance Partnership for BlackRock, Germany, France and a consortium of philanthropies aimed at accelerating clean energy investments in the developing world. Another product of AI, Inc—Aligned Climate Capital—began co-development of a climate infrastructure fund with Ares Management in late 2019. Finally, she is a Founder of the Electrification Coalition, a nonpartisan group of industry leaders collectively committed to transportation electrification in the US at mass scale.
In marine conservation, Tracey is a Founder of Oceans 5, a global funders collaborative that seeks to protect the planet’s five oceans. The organization gives new and experienced philanthropists a platform to collectively target their assets—while also influencing collaboration amongst grantees—for greater impact and scale. There are currently fifteen Oceans 5 partners including Bloomberg Philanthropies, Packard Foundation, Wyss Foundation, Waitt Foundation, Leonardo DiCaprio Foundation, Planet Heritage Foundation, Oak Foundation, Marisla Foundation, Moore Charitable Trust, Angell Family Foundation, Joy Family Foundation, and Tiffany & Co Foundation.
In animal welfare, she was the Founding CEO of Target Zero (TZ), a group that mentors animal shelters across the US to zero euthanasia of all adoptable cats and dogs. Profiled in the New York Times, TZ mentored over 21 cities and counties to no kill between 2013 and 2018, then launched a technology platform to supplement its hands-on mentorship and vastly increase its life saving efforts. In 2019, Durning gifted Target Zero to Maddie’s Fund—one of the biggest and best operational funders in the animal welfare space—where it will scale its operations and life saving efforts even further.
Tracey was featured in Barron’s magazine (Philanthropy: Getting the Most Bang For Your Buck) for her social impact work. As a former journalist/producer (ABC News, CBS News, CNN, MTV) and filmmaker (i.e., Executive Producer, Freedom Writers) she often drives the communications for the initiatives she builds.