Overview
What is South Africa Development Fund Inc?
South Africa Development Fund Inc, based in Jamaica Plain, Massachusetts, is a nonprofit organization with a single employee. Their primary focus is on providing both discretionary and donor-advised grants to community-based projects and organizations situated in South Africa. By supporting these disadvantaged sectors, the South Africa Development Fund Inc aims to foster growth and development in the South African communities they serve. Their grants program enables them to collaborate with local organizations, contributing to their missions and furthering their impact in South Africa.
Official website here: www.sadevelopmentfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The South Africa Development Fund Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. The organization achieved a 92% score primarily based on its accountability and finance metrics, which reflect responsible management of resources and adherence to best practices in governance.
Strengths of the organization include an entirely independent board, robust oversight committees, and a high program expense ratio of 96.41%, demonstrating that a significant portion of its funds are directed toward mission-driven activities. The presence of policies regarding conflict of interest and whistleblower protections further enhances its credibility and operational integrity.
While the rating is impressive, it is essential for potential donors to consider the context of these metrics. The high accountability score, derived solely from financial performance indicators, suggests that while the organization is managing its finances well, additional information about program impact and effectiveness could provide a more holistic view of its overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is South Africa Development Fund Inc legitimate?
South Africa Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Africa Development Fund 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: $22,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sadevelopmentfund.org
What is the mission statement of South Africa Development Fund Inc?
The South Africa Development Fund Inc supports community-based organizations in South Africa that cater to disadvantaged sectors. Their mission is centered around providing discretionary and donor-advised grants to various community projects and organizations within South Africa. The organization's primary activity involves aiding these local initiatives, aiming to contribute positively to the communities they serve.
Official website here: www.sadevelopmentfund.org
Who is the CEO of South Africa Development Fund Inc?
Holly Shepherd is the Executive Di of South Africa Development Fund Inc.
Official website here: www.sadevelopmentfund.org
What is the revenue of South Africa Development Fund Inc?
South Africa Development Fund Inc's revenue in 2022 was $918,917.
Official website here: www.sadevelopmentfund.org
Who are the executives of South Africa Development Fund Inc and what are their salaries?
The average compensation at South Africa Development Fund Inc during 2022 was $22,513. There is 1 employee at South Africa Development Fund Inc.
Here are 5 key members and their salaries:
- Compensation: $76,921
- Related: $0
- Other: $4,373
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sadevelopmentfund.org
Where can I find the form 990 for South Africa Development Fund Inc?
South Africa Development Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sadevelopmentfund.org
Learn more at the official website: www.sadevelopmentfund.org
Mission Statement of South Africa Development Fund Inc
The South Africa Development Fund Inc is committed to supporting community-based organizations in South Africa that cater to disadvantaged sectors. This nonprofit organization provides discretionary and donor-advised grants to various projects and organizations within the country, aiming to uplift these disadvantaged communities. By backing these community-based initiatives, the South Africa Development Fund Inc plays a significant role in fostering development and addressing the needs of South Africa's less fortunate populations.
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Impact
October, 2024
The South Africa Development Fund Inc significantly impacts disadvantaged sectors in South Africa by providing essential financial support to community-based organizations. Through its grants program, it offers discretionary and donor-advised grants that empower local projects and initiatives aimed at uplifting vulnerable populations. This support fosters sustainable development and enhances the capacity of these organizations to address pressing social issues, thereby contributing to the overall improvement of communities in South Africa. By focusing on the needs of the underserved, the fund plays a crucial role in promoting equity and enabling grassroots efforts for social change.
This information is meant to be a general summary of South Africa Development Fund 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: $2,868
- Gross Receipts: $918,917
Assets and Liabilities:
- Total Assets: $748,055
- Total Liabilities: $11,623
- Net Assets: $736,432
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Organization Details
Founding Year
1985
Phone
(617) 522-5511Principal Officer
Holly Shepherd
Main Address
PO BOX 300758, JAMAICA PLAIN, MA, 02130
Website
www.sadevelopmentfund.orgNTEE Category
Code: Q123 - International
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