Overview
What is Unicef Usa Impact Fund For Children Inc?
Unicef Usa Impact Fund For Children Inc is a nonprofit organization based in New York, NY, that operates and manages the Bridge Fund. This debt fund facilitates critical financial support to UNICEF, enabling the organization to complete projects on time and ensure uninterrupted access to vital programs for children. The Bridge Fund provides anticipatory funding for UNICEF's development programs, procurement of essential supplies, and humanitarian emergency response. In FY22, the Impact Fund recognized over $76.8 million in grants to UNICEF and other NGOs, fast-tracking crucial funding for emergency relief efforts and critical development programming. The organization's mission is to expand the financing continuum for children by engaging financial markets, complementing philanthropy, and working towards truly scalable and long-term impact.
Official website here: www.unicefusa.org/impact-fund-for-children
What are the reviews and ratings of this charity?
The Unicef USA Impact Fund for Children Inc does not currently have a rating from Charity Navigator. This absence does not imply a positive or negative view but rather reflects that the organization has not been evaluated fully under the current criteria, which involve various beacon scores such as Accountability & Finance and Impact & Measurement.
While more detailed impact and community feedback assessments are unavailable, the organization reportedly provides financial data through IRS Form 990. This includes salary information for top executives, indicating transparency in compensation. Unicef USA Impact Fund is recognized as a 509(a)(3) Type I foundation, operating independently.
Unfortunately, there are no user reviews available from GreatNonprofits for further insight into public perception and experiences. This makes it challenging to evaluate the nonprofit based on community engagement or direct impact narratives.
This AI summary has been generated from information found on Charity Navigator.
Is Unicef Usa Impact Fund For Children Inc legitimate?
Unicef Usa Impact Fund For Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unicef Usa Impact Fund For Children Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $450,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $421,191
For more financial information, click here
Official website here: www.unicefusa.org/impact-fund-for-children
What is the mission statement of Unicef Usa Impact Fund For Children Inc?
The Unicef U.S.A. Impact Fund for Children exists to expand financial solutions for ensuring every child's health, education, and respect. They believe that long-term, scalable impact can only be achieved by complementing philanthropy with the involvement of financial markets. The Impact Fund for Children operates and administers the Bridge Fund, a debt fund used to fast-track critical funding for UNICEF and eliminate cash gaps, providing uninterrupted access to essential programs for children on time. This fund enables UNICEF to complete immunization campaigns, deliver supplies, and provide emergency relief quickly. In FY22, the Impact Fund for Children recognized over $76.8 million in grants to UNICEF and other NGOs, accelerating funds for critical development programming, humanitarian emergency response, and procurement of essential health supplies and vaccines.
Official website here: www.unicefusa.org/impact-fund-for-children
Who is the CEO of Unicef Usa Impact Fund For Children Inc?
Cristina Shapiro-Alster is the Director of Unicef Usa Impact Fund For Children Inc.
Official website here: www.unicefusa.org/impact-fund-for-children
What is the revenue of Unicef Usa Impact Fund For Children Inc?
Unicef Usa Impact Fund For Children Inc's revenue in 2022 was $84,968,409.
Official website here: www.unicefusa.org/impact-fund-for-children
Who are the executives of Unicef Usa Impact Fund For Children Inc and what are their salaries?
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $789,297
- Other: $35,380
- Compensation: $0
- Related: $403,846
- Other: $35,406
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- Compensation: $0
- Related: $531,292
- Other: $30,272
- Compensation: $0
- Related: $314,722
- Other: $27,383
- Compensation: $0
- Related: $252,809
- Other: $24,158
- Compensation: $0
- Related: $182,903
- Other: $3,665
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.unicefusa.org/impact-fund-for-children
Where can I find the form 990 for Unicef Usa Impact Fund For Children Inc?
Unicef Usa Impact Fund For Children Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unicefusa.org/impact-fund-for-children
Learn more at the official website: www.unicefusa.org/impact-fund-for-children
Mission Statement of Unicef Usa Impact Fund For Children Inc
Unicef Usa Impact Fund For Children, also known as IF4C, is a mission-driven organization dedicated to expanding the financing continuum for children to ensure their health, education, and respect. They believe that truly scalable, long-term impact can only be achieved by complementing philanthropy with financial markets' vast capital pools. IF4C's flagship offering is the Bridge Fund, a debt fund that fast-tracks critical funding to the field, eliminating cash gaps, and providing uninterrupted and expedited access to essential programs for children on time. This innovative financing solution allows UNICEF to complete immunization campaigns, deliver educational, health, and nutritional supplies, and provide emergency relief to vulnerable children and families just days after a natural disaster. By providing funds in anticipation of donor or multilateral funding for UNICEF development programs, procurement of supplies, and humanitarian emergency response, IF4C is making a significant difference in the lives of children around the world.
In fiscal year 2022, Unicef Usa Impact Fund For Children recognized over $76.8 million in grants to UNICEF and other NGOs. These funds supported humanitarian emergency response initiatives, critical development programming, and the procurement of essential health supplies and vaccines. The Bridge Fund accelerated $19.1 million for the most urgent, lifesaving support for children and families affected by the escalating war in Ukraine, as well as $9.1 million for essential supplies in response to the humanitarian crisis in Afghanistan. Furthermore, $4.8 million was accelerated to enable equitable and on-time distribution of COVID-19 supplies to low-income countries, and $500,000 was invested in helping Haitian children resume education after a destructive earthquake. In summary, Unicef Usa Impact Fund For Children's mission is to develop and implement financial solutions that ensure every child is healthy, educated, and respected, with a focus on complementing philanthropy and providing critical funding to UNICEF's development programs, procurement of supplies, and humanitarian emergency response.
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Impact
October, 2024
The UNICEF USA Impact Fund for Children has made significant strides in enhancing the lives of vulnerable children through innovative financial solutions. By establishing the Bridge Fund, this initiative fast-tracks critical funding for essential programs, ensuring timely access to health, education, and emergency relief.
In fiscal year 2022, the Impact Fund distributed $76.8 million in grants to UNICEF and partner NGOs, directly supporting humanitarian responses and development programming. Key impacts included:
- **Emergency Response**: The fund allocated $19.1 million for urgent support in Ukraine amidst conflict, providing safe water, healthcare, and protection. In Afghanistan, $9.1 million was accelerated for essential supplies and education amidst ongoing crises. Additionally, $500,000 supported Haitian children in resuming education following a devastating earthquake.
- **Development Programming**: Funding allowed for the rapid implementation of health advocacy initiatives, ensuring equitable access to services with $381,000. Mental health support tools for adolescents received $127,000, addressing a critical need during turbulent times.
- **Procurement of Essential Supplies**: The fund contributed $30 million to ensure sufficient stocks of the new oral polio vaccine, targeting 465 million children, and invested $10 million in enhancing vaccine independence initiatives, resulting in $25.8 million worth of vaccinations and COVID-19 related supplies.
Through these efforts, the UNICEF USA Impact Fund for Children not only addresses immediate needs but also lays the groundwork for long-term security and well-being for children worldwide.
This information is meant to be a general summary of Unicef Usa Impact Fund For Children Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $438,349
- Gross Receipts: $84,968,409
Assets and Liabilities:
- Total Assets: $79,143,389
- Total Liabilities: $57,065,368
- Net Assets: $22,078,021
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Organization Details
Founding Year
2005
Phone
(212) 686-5522Principal Officer
Cristina Shapiro-Alster
Main Address
125 MAIDEN LANE 10TH FLOOR, NEW YORK, NY, 10038
NTEE Category
Code: T11 - Philanthropy
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