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New Africa Foundation

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

EIN: 270480524 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is New Africa Foundation?

The New Africa Foundation is a nonprofit organization dedicated to impacting lives in Africa predominantly through educational investment. Their primary focus is on granting scholarships to 100 students at both primary and secondary school levels, along with supplying essential educational resources like uniforms and mentorship. Additionally, the foundation supports the university education of its beneficiaries, furthering their academic journeys.


Official website here: www.newafrica.foundation

Is New Africa Foundation legitimate?

New Africa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Africa Foundation submitted a form 990EZ, 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.


Official website here: www.newafrica.foundation

What is the mission statement of New Africa Foundation?

The New Africa Foundation's mission primarily revolves around empowering and transforming lives in Africa, focusing predominantly on education. They achieve this by offering education scholarships to a substantial number of primary and secondary school students. Additionally, the foundation provides essential educational resources, such as uniforms and mentoring, to further support these students. Furthermore, the organization goes beyond secondary education, funding the university education of its beneficiaries. In essence, the New Africa Foundation is dedicated to uplifting the educational prospects of individuals in Africa, thereby contributing to their overall development and success.


Official website here: www.newafrica.foundation

Who is the CEO of New Africa Foundation?

Martin Ganda is the President of New Africa Foundation.


Official website here: www.newafrica.foundation

What is the revenue of New Africa Foundation?

New Africa Foundation's revenue in 2022 was $16,250.


Official website here: www.newafrica.foundation

Who are the executives of New Africa Foundation and what are their salaries?


Here are 3 key members and their salaries:


Martin Ganda (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simba Marekera (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edwin T Mushambi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newafrica.foundation

Where can I find the form 990EZ for New Africa Foundation?

New Africa Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.newafrica.foundation

Learn more at the official website: www.newafrica.foundation

Mission Statement of New Africa Foundation

The New Africa Foundation is an organization that focuses on empowering and transforming lives on the African continent predominantly through education. Specifically, it invests in the education of young individuals by providing scholarships for primary and secondary school students. Alongside financial aid, the foundation also offers educational resources such as uniforms and mentoring to these students. Furthermore, the organization extends its support to university education for its beneficiaries. In essence, the New Africa Foundation aims to equip African youth with the necessary educational tools and guidance to build a brighter future for themselves and their communities.

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Impact




August, 2024

The New Africa Foundation's impact can be seen in the lives it has transformed through education. By providing scholarships to 100 primary and secondary school students in Africa, along with essential resources like uniforms and mentoring, the foundation has opened the doors to educational advancement for these individuals. Additionally, by funding the university education of its beneficiaries, the organization is not just offering a short-term solution but investing in creating long-lasting opportunities for greater success and positive change in Africa.




This information is meant to be a general summary of New Africa Foundation. 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
$16,250 (2022)
Expenses
$16,250 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $16,250

Assets and Liabilities:

  • Total Assets: $7,000
  • Total Liabilities: $0
  • Net Assets: $7,000

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Organization Details

Principal Officer

Martin Ganda

Main Address

477 MADISON AVENUE 6TH FL, NEW YORK, NY, 10022

NTEE Category

Code: B82 - Education

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