International : Development and Relief Services
Grameen Foundation USA
Empowering people. Changing lives. Innovating for the world's poor.
|
|||||||||||||
Learn more about how we calculate the overall score and rating.
| Financial Performance Metrics | ||
|---|---|---|
| Program Expenses | 79.3% | |
| Administrative Expenses | 18.9% | |
| Fundraising Expenses | 1.7% | |
| Fundraising Efficiency | $0.01 | |
| Primary Revenue Growth | 13.1% | |
| Program Expenses Growth | 21.3% | |
| Working Capital Ratio (years) | 1.92 | |
| Accountability & Transparency Performance Metrics | ||
|---|---|---|
| Information Provided on the Form 990 | ||
| Independent Voting Board Members |  |
|
| No Material diversion of assets | |
|
| Audited financials prepared by independent accountant | |
|
| Does Not Provide Loan(s) to or Receive Loan(s) From related parties | |
|
| Documents Board Meeting Minutes | |
|
| Provided copy of Form 990 to organization's governing body in advance of filing | |
|
| Conflict of Interest Policy | |
|
| Whistleblower Policy | |
|
| Records Retention and Destruction Policy | |
|
| CEO listed with salary | |
|
| Process for determining CEO compensation | |
|
| Does Not Compensate Any Board Members | |
|
| Does the charity's website include readily accessible information about the following: | ||
| Donor Privacy Policy | |
|
| Board Members Listed | |
|
| Audited Financials | |
|
| Form 990 | |
|
| Key staff listed | |
|
Income Statement (FYE 03/2010)
Compensation of Leaders (FYE 03/2010)
| Compensation | % of Expenses | Paid to | Title | |
|---|---|---|---|---|
| $154,772 | 0.93% | Alex Counts | President, CEO | |
| Other Salaries of Note | ||||
| $201,700 | 1.21% | Salvatore J. Papparardo | Chief Operating Officer | |
Mission
Grameen Foundation (GF) USA supports technology and microfinance, commonly known as banking for the poor. Microfinance provides small loans, savings, and other financial services so poor people can launch businesses. As an entrepreneur's business grows, so does her self-esteem, her family's well-being, and jobs in her community. GF was founded in 1997 by individuals inspired by Muhammad Yunus and Grameen Bank, Nobel Peace Prize laureates. Our mission is to enable the poor, especially the poorest, to create a world without poverty. GF's work has helped families across Africa, the Americas, Asia and the Middle East.
Charities Performing Similar Types of Work
| Charity Name | Overall Score | Overall Rating |
|---|---|---|
| Grameen Foundation USA - DC | 66.77 |  |
| Engineering Ministries International - CO | 65.19 | |
| Unitus - WA | 58.47 |  |
| Water Missions International - SC | 64.34 | |
| Lifewater International - CA | 62.84 | |
| Charity Name | Overall Score | Overall Rating |
|---|---|---|
| Grameen Foundation USA - DC | 66.77 | |
| Kiva - CA | 67.56 | |
| charity: water - NY | 65.14 | |
| Women for Women International - DC | 60.71 | |
| Water.org - MO | 64.83 | |
| GlobalGiving - DC | 52.42 | |
