Program areas at Building Markets
Building Markets' Sustainable Marketplace program in Turkey works with Syrian owned businesses to help them better assimilate into their host communities, and build long term livlihoods for refugees and their host communities. In the last year the program helped businesses generate 12.8 million dollars in revenue and generate 2,226 jobs.
Building Markets works with SMEs that are owned or employe Venezuelan refugees in Colombia. We launched the program in the current tax year, hired staff, and began working with 650 SMEs to improve their access to markets.
Building Markets works with recycling SMEs in Myanmar to help reduce waste and ensure that the collection rate for PTE and alluminium is higher for the market. In the past year Myamnar's team helped increase the collection rate of PTEs by 18.6% amongst SMEs with whom we work.
Who funds Building Markets
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Conrad N. Hilton Foundation | 2022-12 | To Unleash the Potential of Small Businesses To Empower Refugee Families in Colombia | $1,000,000 |
| The Coca-Cola Foundation | 2022-12 | Sustainable Marketplace Myanmar: Driving Economic & Environmental Sustainability By Connecting Local Smes To Markets and Capital | $130,314 |
Personnel at Building Markets
| Name | Title | Compensation | Date of data |
|---|
| Radha Rajkotia | Chief Executive Officer | $67,244 | 2024-03-14 |
| Hamilton McNutt | Chief Operating Officer | | 2024-03-14 |
| Trent Hoole | Board Member | $0 | 2024-03-14 |
| Whitney Mortimer | Partner and Chief Marketing Officer of Ideo | | 2023-01-24 |
| Eva Morales | Founder, Circular Advisors | | 2024-03-14 |
| ...and 20 more key personnel |
Financials for Building Markets
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $4,094,608 | $3,629,304 | 12.8% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $11,371 | $150 | 7480.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $2,147 | $2,449 | -12.3% |
| Total revenues | $4,108,126 | $3,631,903 | 13.1% |
Organizations like Building Markets
| Organization | Type | Location | Revenue |
|---|
| Tamid Israel Investment Group | 501(c)(3) | Grand Rapids, MI | $4,878,680 |
| Middle East Investment Initiative (MEII) | 501(c)(3) | Washington, DC | $2,966,139 |
| Synergos | 501(c)(3) | New York, NY | $5,743,927 |
| Attack Poverty | 501(c)(3) | Stafford, TX | $3,571,259 |
| Near East Foundation (NEF) | 501(c)(3) | Syracuse, NY | $15,526,282 |
| Grassroots Global Justice | 501(c)(3) | Washington, DC | $5,014,834 |
| Akademiya2063 | 501(c)(3) | Washington, DC | $4,877,730 |
| TrustAfrica | 501(c)(3) | Washington, DC | $7,286,192 |
| Deutsche Stiftung Weltbevoelkerung (DSW) | 501(c)(3) | New York, NY | $9,240,884 |
| The One Campaign | 501(c)(3) | Washington, DC | $20,060,288 |
Data update history
March 15, 2024
Updated personnel
Identified 10 new personnel
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 2, 2024
Updated personnel
Identified 3 new personnel
December 25, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Social advocacy organizationsInternational-focused organizationsHeadquarter / parent organizationsCharities
Issues
Foreign affairsInternational development
Characteristics
Operates internationallyReceives government fundingTax deductible donations
General information
- Address
- 195 Montague St
- Brooklyn, NY 11201
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- Kings County, NY
- Website URL
- buildingmarkets.org/Â
- Phone
- (212) 785-0400
- Facebook page
- BuildingMarketsÂ
- Twitter profile
- @buildingmrketsÂ
IRS details
- EIN
- 98-0575195
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 2008
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- Q30: International Development, Relief Services
- NAICS code, primary
- 813319: Social Advocacy Organizations
- Parent/child status
- Independent
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