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Dzi Foundation

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

EIN: 841595852 ✦ Ridgway, CO ✦ Designated as a 501(c)(3)

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Overview

What is Dzi Foundation?

The Dzi Foundation is a nonprofit organization based in Ridgway, Colorado, with a mission to enhance prosperity in local communities in Nepal. They achieve this by collaborating with these communities for multiple years, focusing on complementary health, education, and livelihood programs. Their initial phase involves creating a shared, inclusive vision with the community and forming partnerships with local NGOs and community development groups. The next few years are spent improving food security and essential infrastructure, such as drinking water and irrigation systems, bridges, and earthquake-safe schools, which help remove barriers to progress and meet basic needs. In the third year, the quality of life improves as residents gain increased access to cash and consume healthier food, and the economic condition of the community changes with 50% of residents earning and spending more. Infrastructure improvements and the increase in educational opportunities encourage youth to stay in the village. In the final years of the partnership, the communities become more unified, earning more income, and leading safer, more productive, and more connected lives. By the end of the partnership, the communities have the skills and systems in place to maintain these gains for a lasting impact. Over the past 25 years, the Dzi Foundation has served over 44,000 people in an expanding network of rural villages in Nepal, with a small team of eight dedicated employees.


Official website here: www.dzifoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 99%, Four-Star out of Four Star rating.

The Dzi Foundation has achieved an impressive 99% score on Charity Navigator, which indicates a high level of accountability and financial health. The organization boasts a perfect score of 100% in Accountability & Finance, highlighting its commitment to transparency and responsible management of funds. With a program expense ratio of 74.88%, the majority of its resources are directed towards its mission, and all board members are independent, further strengthening its governance.

User feedback underscores the foundation's effective community involvement and sustainable development strategies in Nepal. Reviewers emphasize the organization’s focus on empowering local populations to identify and solve their own problems, which is seen as a hallmark of its development model. Donors and board members alike express admiration for the foundation's transparency, efficiency, and the positive impact of its programs, particularly in the wake of the 2015 Nepal earthquakes.

While the Dzi Foundation is widely praised for its operational practices and community engagement, the overall perception from user reviews highlights no significant limitations or criticisms. The organization appears to be well-regarded by its stakeholders, and its model is viewed as a best practice for NGOs working in similar contexts.


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

Is Dzi Foundation legitimate?

Dzi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dzi Foundation 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: $170,596
Professional Fundraising Fees: $15,880
Other Salaries and Wages: $638,639

For more financial information, click here


Official website here: www.dzifoundation.org

What is the mission statement of Dzi Foundation?

The Dzi Foundation partners with local communities in Nepal to promote shared prosperity. This is achieved by ensuring access to basic needs, catalyzing inclusive economic growth, and creating an environment for lasting change. Through multi-year stages, the foundation supports complementary health, education, and livelihood programs that unlock local opportunities, build more unified communities, and provide lasting solutions to complex local challenges. The foundation begins by creating a shared, inclusive vision with the entire community and forming critical partnerships with local NGOs and community development groups. Over the first few years, communities focus on improving food security and building essential infrastructure, such as drinking water and irrigation systems, bridges, and earthquake-safe schools, which remove barriers to progress and help meet basic needs. By the third year, quality of life improves with increased access to cash and healthier food, and the economic condition of the community changes as 50% of residents earn and spend more. Infrastructure improvements and increased educational opportunities encourage youth to stay in the village. In the final years of the partnership, Dzi communities are more unified, earning more income, and leading safer, more productive, and more connected lives. The skills and systems are in place for these communities to maintain these gains for a lasting impact. Over the past 25 years, the Dzi Foundation has served more than 44,000 people in an expanding network of rural villages in the Solukhumbu, Khotang, and Bhojpur districts of eastern Nepal.


Official website here: www.dzifoundation.org

Who is the CEO of Dzi Foundation?

Wende Valentine is the Board Member of Dzi Foundation.


Official website here: www.dzifoundation.org

What is the revenue of Dzi Foundation?

Dzi Foundation's revenue in 2023 was $1,543,641.


Official website here: www.dzifoundation.org

Who are the executives of Dzi Foundation and what are their salaries?

The average compensation at Dzi Foundation during 2023 was $101,154. There are 8 employees at Dzi Foundation.


Here are 13 key members and their salaries:


Brent Bishop (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bhumika Piya (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Duckworth (President And Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Jensen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Lapping (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Martin (Vp And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Seawell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abhaya Shrestha (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Weatherley-White (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Namanny (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aanchal Tiwari (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Nowak (President/Founder (07/1/22-01/19/23))
  • Compensation: $58,444
  • Related: $0
  • Other: $877
Wende Valentine (Executive Director)
  • Compensation: $101,500
  • Related: $0
  • Other: $3,365


Official website here: www.dzifoundation.org

Where can I find the form 990 for Dzi Foundation?

Dzi Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.dzifoundation.org

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

Mission Statement of Dzi Foundation

Dzi Foundation partners with local communities in Nepal to achieve shared prosperity. Their mission is multifaceted, aiming to ensure access to basic needs, catalyze inclusive economic growth, and create an environment for lasting change. Dzi Foundation works in collaboration with communities for several multi-year stages, supporting complementary health, education, and livelihood programs. These initiatives unlock local opportunities, foster more unified communities, and provide lasting solutions to complex local challenges.

The foundation begins by establishing a shared, inclusive vision with the entire community and forming critical partnerships with local NGOs and community development groups. In the initial stages, communities focus on improving food security and building essential infrastructure, such as drinking water and irrigation systems, bridges, and earthquake-safe schools. These efforts help remove barriers to progress and meet basic needs. As a result, quality of life improves, leading to increased access to cash, consumption of healthier food, and a changing economic condition as 50% of residents start earning and spending more.

Infrastructure improvements and increased educational opportunities encourage youth to stay in the village. In the final years of the partnership, Dzi Foundation communities are more unified, earning more income, and leading safer, more productive, and more connected lives. They have the skills and systems in place to maintain these gains for a lasting impact. Over the past 25 years, Dzi Foundation has served over 44,000 people in an expanding network of rural villages in the Solukhumbu, Khotang, and Bhojpur districts of eastern Nepal.

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Impact




July, 2024

Dzi Foundation partners with local communities in Nepal to achieve shared prosperity by ensuring access to basic needs, catalyzing inclusive economic growth, and creating an environment for lasting change. Over the past 25 years, Dzi has served more than 44,000 people in an expanding network of rural villages in the Solukhumbu, Khotang, and Bhojpur districts of eastern Nepal.

The impact of Dzi Foundation can be seen in the tangible improvements in the quality of life for these communities. Through multi-year programs focused on health, education, and livelihood, Dzi helps unlock local opportunities, build unified communities, and create lasting solutions to complex challenges. In the early stages of the partnership, communities focus on improving food security and building essential infrastructure, such as water systems, bridges, and schools.

As the partnership progresses, residents experience increased access to cash, consume healthier food, and see improvements in their economic conditions. This leads to a more unified community, higher incomes, and safer, more productive lives. The youth are encouraged to stay in the village due to improved educational opportunities. By the end of the partnership, communities have the skills and systems in place to maintain these gains for a lasting impact, showcasing Dzi Foundation's effectiveness in creating sustainable change.




This information is meant to be a general summary of Dzi 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
$1,543,641 (2023)
Expenses
$1,995,280 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $18,699
  • Gross Receipts: $1,615,090

Assets and Liabilities:

  • Total Assets: $825,417
  • Total Liabilities: $95,606
  • Net Assets: $729,811

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Organization Details

Founding Year

2001

Principal Officer

Wende Valentine

Main Address

PO BOX 632, RIDGWAY, CO, 81432

NTEE Category

Code: P20 - Human services

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