Overview
What is Alphamundi Foundation Inc?
Alphamundi Foundation Inc, based in Washington D.C., is a dedicated nonprofit organization with a mission to catalyze and scale investments in social enterprises that aim to enhance the lives of impoverished individuals. The foundation primarily accomplishes this goal through three core activities: technical assistance, impact measurement, and field building. At the heart of their operations is the Water and Energy for Food (WE4F) program, a collaboration with GIZ, which focuses on climate finance for Small and Medium Enterprises (SMEs) in East Africa that innovate at the water-energy-food nexus. Over two years, Alphamundi aims to catalyze between $5-10 million in private investment, strengthening and scaling these innovations to promote more productive and ecologically sustainable food production in East Africa. With a team of five employees, Alphamundi Foundation Inc is committed to making a tangible impact in the lives of the underprivileged.
Official website here: www.alphamundifoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Alphamundi Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting its overall performance and accountability in financial management. The organization demonstrates strong leadership and adaptability, achieving a perfect score of 100 in that category. Its program expense ratio of 83.41% indicates that a substantial portion of its funding is directed towards its programs, which is a positive sign for potential donors.
The foundation boasts a fully independent board, with 100% of its seven members being independent, which enhances its governance and transparency. Additionally, the organization has established various policies, including conflict of interest and whistleblower policies, which contribute to its accountability framework. However, it has acknowledged some challenges in collecting feedback, although it has excelled in using that feedback to improve its practices.
While the foundation scores well in overall performance, its Equity Strategies Score of 79 suggests there may be room for improvement in promoting equity within its operations. Nonetheless, its commitment to investing in leadership development and adapting its focus towards climate and gender issues demonstrates a proactive approach to addressing contemporary challenges.
This AI summary has been generated from information found on Charity Navigator.
Is Alphamundi Foundation Inc legitimate?
Alphamundi Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alphamundi Foundation 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: $106,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,637
For more financial information, click here
Official website here: www.alphamundifoundation.org
What is the mission statement of Alphamundi Foundation Inc?
The Alphamundi Foundation Inc, a non-profit organization, is committed to catalyzing and scaling investments in social enterprises that aim to improve the lives of impoverished individuals. To achieve this mission, the foundation concentrates on providing technical assistance, impact measurement, and field building. Through these activities, the foundation seeks to strengthen and expand innovative solutions for more sustainable and productive food production at the water-energy-food nexus, primarily in East Africa. Over a two-year period, the foundation aims to catalyze between $5 million and $10 million in private investment to support these initiatives.
Official website here: www.alphamundifoundation.org
Who is the CEO of Alphamundi Foundation Inc?
Lisa Scheible Willems is the Dir. Til 07/22, Pres./Chair/Sec. of Alphamundi Foundation Inc.
Official website here: www.alphamundifoundation.org
What is the revenue of Alphamundi Foundation Inc?
Alphamundi Foundation Inc's revenue in 2022 was $520,511.
Official website here: www.alphamundifoundation.org
Who are the executives of Alphamundi Foundation Inc and what are their salaries?
The average compensation at Alphamundi Foundation Inc during 2022 was $78,789. There are 5 employees and 5 volunteers at Alphamundi Foundation Inc.
Here are 7 key members and their salaries:
- Compensation: $101,449
- Related: $0
- Other: $4,859
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $112,939
- Related: $0
- Other: $0
Official website here: www.alphamundifoundation.org
Where can I find the form 990 for Alphamundi Foundation Inc?
Alphamundi Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alphamundifoundation.org
Learn more at the official website: www.alphamundifoundation.org
Mission Statement of Alphamundi Foundation Inc
Alphamundi Foundation Inc is a non-profit organization with a mission to stimulate and amplify investments in social enterprises that aim to enhance the living conditions of impoverished individuals. The foundation pursues this objective through three primary activities: technical assistance, impact measurement, and field building. Through these activities, Alphamundi Foundation Inc seeks to empower social enterprises that focus on improving the lives of the poor.
In the context of climate finance, Alphamundi Foundation Inc collaborates with the GIZ-funded Water and Energy for Food program (WE4F). The foundation's collaboration with WE4F focuses on East African Small and Medium Enterprises (SMEs) and their innovative solutions at the water-energy-food nexus. Alphamundi Foundation Inc designs highly catalytic technical assistance and results-based financing projects with SMEs operating in the water-energy-food nexus in East Africa. The aim is to strengthen and expand these innovative solutions, leading to more productive and ecologically sustainable food production. Over a period of two years, Alphamundi Foundation Inc aims to catalyze USD 5-10 million in private investment.
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Impact
July, 2024
Alphamundi Foundation Inc catalyzes and scales investment in social enterprises focused on improving the lives of the poor. Specifically, in partnership with the GIZ-funded Water and Energy for Food program, Alphamundi concentrates on climate finance for East African SMEs operating at the water-energy-food nexus. Over a two-year period, the foundation aims to catalyze $5-10 million in private investment to strengthen and scale innovations for more productive and ecologically sustainable food production in East Africa. Their primary activities include providing technical assistance, conducting impact measurement, and contributing to field building efforts.
This information is meant to be a general summary of Alphamundi Foundation 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.
- Gross Receipts: $520,511
Assets and Liabilities:
- Total Assets: $490,868
- Total Liabilities: $107,122
- Net Assets: $383,746
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Organization Details
Founding Year
2016
Phone
(262) 960-5145Principal Officer
Lisa Scheible Willems
Main Address
1875 K STREET NW 4TH FLOOR, WASHINGTON, DC, 20006
Website
www.alphamundifoundation.orgNTEE Category
Code: Q33 - International
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