Overview
What is Pact Institute?
Pact Institute, a subsidiary of Pact Inc., is a nonprofit organization based in Washington D.C., dedicated to improving the lives of underprivileged individuals worldwide. They achieve this goal through innovative strategies, exploring new approaches, and diversifying funding sources. One of their notable initiatives is the International Tin Supply Chain Initiative (ITSCI), which ensures responsible trading of 3T minerals (tin, tungsten, and tantalum) from the Great Lakes region of Africa, in compliance with national and international laws. ITSCI monitors over 2,250 artisanal and small-scale mines, supporting around five million people through these activities. In 2021, over 5,500 stakeholders were trained in due diligence, significantly improving security and fostering peace in the region. The ITSCI program has significantly reduced non-state armed group interference in mining areas.
Official website here: www.pactworld.org
What do the Facebook reviews say about Pact Institute?
86% of 24 reviewers on Facebook recommend Pact Institute. Here is a summary of their reviews:
While the overall recommendation rate suggests a level of support for the organization, the feedback appears to be limited, with some responses lacking relevance to the services offered. Most notably, one review indicates an individual expressing a desire to collaborate, yet it does not provide insight into the effectiveness or impact of the nonprofit's work.
Despite the scarce number of reviews, the positive recommendation percentage points to a favorable perception among those who have interacted with the organization. However, further detailed feedback or more comprehensive reviews could help clarify the areas in which the nonprofit excels, as well as those needing improvement.
This AI summary has been generated from reviews found on Facebook.
Is Pact Institute legitimate?
Pact Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pact Institute 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: $409,864
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,511,944
For more financial information, click here
Official website here: www.pactworld.org
What is the mission statement of Pact Institute?
The Pact Institute, a subsidiary of Pact Inc., aims to improve the lives of impoverished and marginalized individuals globally. They accomplish this by embracing innovation, exploring new strategies, and fostering partnerships. Additionally, the organization focuses on diversifying funding sources to achieve their objectives. The International Tin Supply Chain Initiative (ITSCI), led by Pact, is a significant part of their mission. ITSCI is a large-scale due diligence program for 3T minerals (tin, tungsten, and tantalum) in Africa's Great Lakes region, ensuring compliance with national and international laws and regulations. Through ITSCI, Pact supports over 80,000 miners, positively impacting around five million people, and has reduced non-state armed group interference in mining areas. Furthermore, Pact has trained over 5,500 stakeholders in 2021 on due diligence, and their initiatives have significantly improved security and fostered peace in the region.
Official website here: www.pactworld.org
Who is the CEO of Pact Institute?
Caraline Anstey is the Principal Officer of Pact Institute. The CEO's salary of Pact Institute is $0 and their total compensation is $124,896.
Official website here: www.pactworld.org
What is the revenue of Pact Institute?
Pact Institute's revenue in 2021 was $11,207,181.
Official website here: www.pactworld.org
Who are the executives of Pact Institute and what are their salaries?
There 2 volunteers at Pact Institute.
Here are 8 key members and their salaries (Pact Institute's CEO's salary is $0 and their total compensation is $124,896):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $335,357
- Other: $1,100
- Compensation: $0
- Related: $277,972
- Other: $9,931
- Compensation: $0
- Related: $258,258
- Other: $18,309
- Compensation: $0
- Related: $124,896
- Other: $0
- Compensation: $0
- Related: $222,820
- Other: $0
- Compensation: $0
- Related: $118,840
- Other: $36,261
Official website here: www.pactworld.org
Where can I find the form 990 for Pact Institute?
Pact Institute's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.pactworld.org
Learn more at the official website: www.pactworld.org
Mission Statement of Pact Institute
Pact Institute, a subsidiary of Pact Inc., is dedicated to improving the lives of impoverished and marginalized individuals worldwide. They achieve this goal by fostering innovation, exploring novel approaches, and forging partnerships, all while working towards funding diversification. The organization's mission is to strategically enhance the well-being of these individuals, leveraging its position as an international development organization.
In a specific context, Pact Institute leads the International Tin Supply Chain Initiative (ITSCI). This initiative is a traceability and due diligence program for 3T minerals (tin, tungsten, and tantalum) operating at a large scale. Aligned with the OECD upstream due diligence guidance, ITSCI monitors over 2,250 artisanal and small-scale mines across the Democratic Republic of Congo, Rwanda, Uganda, and Burundi. The objective of ITSCI is to establish a traceability and due diligence system that enables local and international companies to responsibly trade 3T minerals from Africa's Great Lakes region, in compliance with national and international laws and regulations. Through ITSCI, about 80,000 miners have supported around five million people with their activities in the mines. In 2021, more than 5,500 stakeholders were trained in due diligence, contributing to improved security and peace in the region. The project has significantly reduced non-state armed group interference in mining areas. As of 2021, ITSCI counts forty-eight multi-stakeholder committees, 257 committee meetings facilitated by ITSCI, 267 coaching and training sessions, and approximately 4,832 trained beneficiaries.
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Impact
October, 2024
Pact Institute significantly enhances the lives of marginalized populations globally by driving innovative solutions and fostering new partnerships. Central to this impact is the International Tin Supply Chain Initiative (ITSCI), which establishes a comprehensive traceability and due diligence program for tin, tungsten, and tantalum minerals. By implementing rigorous standards aligned with OECD guidance, ITSCI ensures responsible trading of these essential minerals from Africa's Great Lakes region.
Monitoring over 2,250 artisanal and small-scale mines in the Democratic Republic of Congo, Rwanda, Uganda, and Burundi, Pact Institute has engaged around 80,000 miners, indirectly supporting approximately five million people. The program also trains thousands of stakeholders—over 5,500 in 2021 alone—on due diligence practices, substantially enhancing community engagement and capacity.
Beyond economic empowerment, ITSCI contributes to regional stability by improving security and reducing the interference of non-state armed groups in mining areas. With 48 multi-stakeholder committees and numerous facilitated training sessions, the initiative not only promotes ethical mining practices but also fosters peace and development, demonstrating Pact Institute’s profound and multifaceted impact on communities in need.
This information is meant to be a general summary of Pact Institute. 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 2021.
- Investment Income: $2,664
- Program Service Revenue: $235,067
- Gross Receipts: $11,207,181
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT INCOME
Revenue
$205,067
LICENSE FEE
Revenue
$30,000
Organization Details
Founding Year
1998
Phone
(202) 466-5666Principal Officer
Caraline Anstey
Main Address
1140 3RD STREET NE NO 400, WASHINGTON, DC, 20002
Website
www.pactworld.orgNTEE Category
Code: Q300 - International
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