Cause IQ organization profile

Grameen Foundation

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Grameen Foundation is a international development organization based in Washington, DC that was founded in 1996. As of 2018 they had $10 million in revenue and $11 million in assets.

Grameen Foundation helps the world's poorest, especially women, improve their lives and escape poverty by providing them with access to appropriate financial services, life-changing information and unique income-generating opportunities.

Previous legal names or variations of their name include: Grameen Foundation Usa.

EIN:
73-1502797
City:
State:
Metro:
Website:
Phone:
(202) 628-3560
Facebook:
Twitter:
Founded:
1996
Type:
501(c)(3)
NTEE:
Revenue:
$10,944,071
Assets:
$11,056,520
Employees:
58
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at Grameen Foundation

Health and agricultural solutions -- sudden health crises and chronic, untreated health conditions are both major challenges for poor families. Smallholder farmers are especially vulnerable: farming families make up 70% of the world's extreme poor and half of all food-insecure people. Grameen Foundation USA's health solutions ease the financial burden of healthcare and connect families to the information, services and products they need, when they need them. To improve farmers' resilience and income, we design financial services specific to their needs, and provide training in good agricultural practices, information on markets, and early warning systems for extreme weather and pest outbreaks.in fy17, we connected 305,645 farmers in ghana to vital farming advice and support using digital technology and targeted radio programs; provided early warning weather and pest alerts to 17,543 farmers in the philippines via sms; and launched programs in indonesia and tanzania to help farmers boost their production and ...

Strengthening organizations -- collaboration is vital in the fight to end global poverty, and several products and services we created-initially for our own use-are now used by a range of organizations to help increase their reach and effectiveness.our bankers without borders program mobilizes the talent and skills of private sector volunteers to support the missions of poverty-focused social enterprises. Taroworks, llc, a subsidiary of Grameen Foundation USA, is a social enterprise whose mobile-based data tool enables organizations serving poor and remote areas to efficiently collect, analyze and act on field data. The progress out of poverty index (ppi) is a powerful, low-cost tool developed by Grameen Foundation USA, and is used by organizations around the world.in fy17, our volunteers provided $3.6 million in in-kind services to social enterprises, and 40 organizations actively used taroworks, llc to manage their operations. As of fy17, 546 organizations have used the ppi to track ...

Financial services -- about two billion people around the world still cannot access formal financial services that could open a gateway to greater savings and safety nets, higher incomes, and better lives. Grameen Foundation USA uses digital financial services to meet the needs of poor families, and especially women, whether for privacy, safety, training in financial and digital literacy or basic access. We also work with and train self-run savings groups in remote, rural communities with more limited access to technology. In fy17, we trained 1,136 shopkeepers in the philippines as financial agents who facilitated more than 596,000 transactions and developed an e-learning app to help microfinance employees train clients to use digital financial services in india. In addition, we helped provide financial literacy training to 2,831 savings groups in burkina faso in collaboration with our supporting organization, freedom from hunger.

Form 990s for Grameen Foundation

Fiscal year endingDate received by IRSFormPDF link
2018-06Apr 1, 2019990View PDF
2017-06Mar 19, 2019990View PDF
2017-03Mar 14, 2018990View PDF
2016-03Jul 14, 2017990View PDF
2015-03Jan 26, 2016990View PDF
...and six more Form 990 PDFs

Financials for Grameen Foundation

Field2018
Total grants, contributions, etc.$5,447,323
Program services$1,945,557
Investment income and dividends$54,452
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,628,022
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-131,283
Total revenues$10,944,071

Vendors for Grameen Foundation

VendorServicesAmount paidDate
SalesforceMarketing software2020-03-17
██████ ███Software2020-03-17
██████ █████████ ███ ████████Tax accounting; Audit and Tax Prep Fees$118,6282019-04-01
█████ ██████████████Mailing Fullfilment; Fundraising Activities$118,8742019-04-01
███ ██████ ██ ███Software Development Services$390,6652017-03-01
██████ ████████ █████████ ███ ███Software Development Services$243,7882017-03-01
███████ ████████████ █████████ ███Software Development Services$252,5742017-03-01
███████ █████████Software Development Services$128,0902017-03-01

Personnel at Grameen Foundation

NameTitleCompensationMost recent data
Shantanu AgrawalPresident and Chief Executive Officer / Shantanu Agrawal Board Member$0June 12, 2020
Steve HollingworthPresident and Chief Executive Officer$238,227June 12, 2020
████ █████Chief Financial Officer-June 12, 2020
██████ ████████Vice President , Fundraising , Marketing and Communications / BD Member and Secretary$0June 12, 2020
█████ ██████Vice President of Development and Communications$18,851July 17, 2019
█████ █████Executive Vice President, Program Strategy and Institutional Relations-June 12, 2020
███████ ████Vice President, Institutional and Program Development-July 17, 2019
█████ ███████Director, Finance-June 12, 2020
██████ ██████Chairman of the Board of Stemlab - Crioestaminal / Chairman / Vice Chair$0June 12, 2020
█████ ██████Chairman of the Board / Vice Chair$0June 12, 2020
...and 20 more key personnel

Peer international development and relief organizations

 NameTypeRevenueLocation
1Village Capital501(c)(3)$5.8 millionWashington, DC
2Kiva Microfunds501(c)(3)$23 millionSan Francisco, CA
3Echoing Green501(c)(3)$10 millionNew York, NY
4Verite501(c)(3)$7.9 millionAmherst, MA
5International Technical Assistance Group (ITAG)501(c)(3)$4.2 millionPlano, TX
6Endeavor Global501(c)(3)$9.0 millionNew York, NY
7Youthbuild Usa501(c)(3)$29 millionSomerville, MA
8Landesa501(c)(3)$12 millionSeattle, WA
9Pure Earth501(c)(3)$5.1 millionNew York, NY
10Near East Foundation (NEF)501(c)(3)$16 millionSyracuse, NY
11Nest (NEST)501(c)(3)$3.4 millionNew York, NY
12International Youth Foundation (IYF)501(c)(3)$17 millionBaltimore, MD
13Engineers Without Borders USA501(c)(3)$10 millionDenver, CO
14Development Gateway501(c)(3)$8.9 millionWashington, DC
15Tanager501(c)(3)$6.6 millionWashington, DC
16Vital Voices Global Partnership501(c)(3)$12 millionWashington, DC
17Sabin Vaccine Institute501(c)(3)$10 millionWashington, DC
18Center for International Private Enterprise501(c)(3)$25 millionWashington, DC
19International Budget Partnership (IBP)501(c)(3)$19 millionWashington, DC
20The One Campaign501(c)(3)$23 millionWashington, DC
21Results for Development (R4D)501(c)(3)$19 millionWashington, DC
22Global Fund for Children501(c)(3)$8.3 millionWashington, DC
23Women for Women International501(c)(3)$21 millionWashington, DC
24Namati501(c)(3)$4.9 millionWashington, DC
25Radiant Earth501(c)(3)$2.8 millionWashington, DC