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Edge Funders Alliance

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208211195 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Edge Funders Alliance?

Edge Funders Alliance is a global philanthropic network headquartered in San Francisco, California. Their primary focus is on boosting financial support for international initiatives that promote social justice and environmental sustainability. Through a range of programs, they facilitate philanthropic learning, networking, information services, and policy advocacy and legal issues. Their activities include organizing member retreats, bringing together diverse funders and activists from around the world to discuss best practices in international grantmaking and learn about various social change issues.


Official website here: www.edgefunders.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 69% (Two-Star out of Four Star rating)

The Edge Funders Alliance has received a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and financial performance. While the organization showcases strengths such as a fully independent board, a low liabilities to assets ratio, and a high program expense ratio, it has notable weaknesses in its governance policies. Specifically, the lack of a conflict of interest policy, whistleblower policy, and document retention policy has impacted its overall score.

The organization excels in maintaining a majority independent board and effectively managing its funds towards its programs. With 74.39% of its expenses directed towards its mission, Edge Funders Alliance demonstrates a commitment to utilizing resources efficiently for charitable purposes. However, the absence of critical governance policies raises concerns about transparency and ethical standards.

Overall, while Edge Funders Alliance shows competent financial management and strong programmatic focus, improvements in governance practices are needed to enhance its accountability and trustworthiness in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Edge Funders Alliance legitimate?

Edge Funders Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edge Funders Alliance 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: $132,734
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,158

For more financial information, click here


Official website here: www.edgefunders.org

What is the mission statement of Edge Funders Alliance?

The Edge Funders Alliance is a philanthropic network committed to expanding funding for international social justice and environmental sustainability issues. Their mission encompasses fostering learning among philanthropists, facilitating networking opportunities, providing information services, and advocating for policy changes and addressing legal issues. The organization hosts retreats to bring together a diverse group of global funders and activists, enabling them to discuss and share best practices in international grantmaking.


Official website here: www.edgefunders.org

Who is the CEO of Edge Funders Alliance?

Sharon Damelio is the Executive Director Thru (8/31/22) of Edge Funders Alliance.


Official website here: www.edgefunders.org

What is the revenue of Edge Funders Alliance?

Edge Funders Alliance's revenue in 2022 was $1,225,112.


Official website here: www.edgefunders.org

Who are the executives of Edge Funders Alliance and what are their salaries?


Here are 13 key members and their salaries:


Sofia Arroyo Martin Del Campo (Executive Director Thru (8/31/22))
  • Compensation: $132,733
  • Related: $0
  • Other: $0
Eva Rehse (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Canney (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Anderson Damelio (Treasurer/ Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cuong P Hoang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Chenot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conniel Malek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chung-Wha Hong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Dawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kourabas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rajiv Khanna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tania Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Johansson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.edgefunders.org

Where can I find the form 990 for Edge Funders Alliance?

Edge Funders Alliance's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.edgefunders.org

Learn more at the official website: www.edgefunders.org

Mission Statement of Edge Funders Alliance

Edge Funders Alliance is a philanthropic network committed to expanding financial support for international initiatives focusing on social justice and environmental sustainability. Its mission is to serve as a catalyst, fostering collaborations among various funders and activists worldwide. By bringing together a diverse group of individuals, Edge Funders Alliance aims to promote learning about social change issues and share best practices in international grantmaking. Through its programs, the organization encourages networking, offers information services, and advocates for policy changes and legal issues related to their cause. The organization's activities are not limited to providing funding but also involve convening member retreats, where participants can engage in discussions about global challenges and innovative strategies for addressing them.

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Impact




October, 2024

Edge Funders Alliance significantly impacts the landscape of international philanthropy by enhancing the flow of resources dedicated to social justice and environmental sustainability. Through its various programs, the organization fosters philanthropic learning and networking opportunities that connect funders with activists globally, enriching their understanding of pressing social change issues.

The member retreats serve as a vital platform for collaboration, where diverse stakeholders come together to share knowledge and best practices in international grantmaking. By advocating for policy changes and addressing legal issues affecting funding, Edge Funders Alliance actively works to create a more equitable distribution of resources for causes that promote social and environmental well-being. This comprehensive approach ensures that funding is targeted effectively and that the voices of those most affected by injustice are amplified within philanthropic circles.




This information is meant to be a general summary of Edge Funders Alliance. 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.

Revenue
$1,225,112 (2022)
Expenses
$1,227,840 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $41,147
  • Gross Receipts: $1,225,112

Assets and Liabilities:

  • Total Assets: $1,193,934
  • Total Liabilities: $33,077
  • Net Assets: $1,160,857

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Organization Details

Founding Year

2008

Principal Officer

Sharon Damelio

Main Address

2021 Fillmore St Ste 66, San Francisco, CA, 94115

NTEE Category

Code: T99 - Philanthropy

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