Disable all preview features

International : Development and Relief Services

Millennium Promise

Committed to the eradication of extreme poverty, hunger, and preventable disease.

three stars

83.70

475 Riverside Drive Suite 1040
New York, NY 10115
tel: (212) 870-2490   Web Site
EIN: 20-3042135

Board Leadership
Klaus M. Leisinger
President

CEO
Jeffrey D. Sachs
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 83.70 three stars
  Financial 82.50 three stars
  Accountability & Transparency 85.00 three stars
This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Our mission is to provide the operational platform and resource mobilization for the Millennium Villages Project (MVP) , which empowers communities to lift themselves out of extreme poverty.
At Millennium Promise, our vision is the eradication of extreme poverty, hunger, and preventable disease within our lifetime.
We believe that extreme poverty can be cut in half by 2015, even in some of the poorest, most remote places in the world. Through the MVP we are showing how, using a holistic, science-based approach to benefit more than 500,000 people across sub-Saharan Africa. The MVP offers an innovative holistic approach to sustainable rural development. As a partnership initiative, the Project is driven by core science and policy leadership of the Earth Institute, Columbia University, alongside Millennium Promise's operational leadership.

Millennium Promise operates Millennium Village sites in 10 countries.

Our mission is to provide the operational platform and resource mobilization for the Millennium Villages Project (MVP) , which empowers communities to lift themselves out of extreme poverty.
At Millennium Promise, our vision is the eradication of extreme poverty, hunger, and preventable disease within our lifetime.
We believe that extreme poverty can be cut in half by 2015, even in some of the poorest, most remote places in the world. Through the MVP we are showing how, using a holistic, science-based approach to benefit more than 500,000 people across sub-Saharan Africa. The MVP offers an innovative holistic approach to sustainable rural development. As a partnership initiative, the Project is driven by core science and policy leadership of the Earth Institute, Columbia University, alongside Millennium Promise's operational leadership.

Millennium Promise operates Millennium Village sites in 10 countries.

Impact Information

data icon Looking for Impact Information?

Charity Navigator is collaborating with GuideStar, GlobalGiving, Classy, and ImpactMatters to display impact-related information on our rated profile pages. Each partner collects this data directly from nonprofits and provides updates to Charity Navigator when available.

If you are interested in seeing this charity provide its impact information, please click below. This will indicate your interest and encourage the nonprofit to share data with partners that are currently collecting information.

Financial

three stars

82.50

Accountability & Transparency

three stars

85.00

This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
86.5%
  Administrative Expenses 12.1%
  Fundraising Expenses 1.2%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.24
  Program Expenses Growth -39.8%
  Liabilities to Assets 13.3%
All data for Financial Performance Metrics calculations was provided by Millennium Promise on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Millennium Promise on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Millennium Promise (NY) 83.70 three stars
PATH (WA) 86.22 three stars
Zakat Foundation of America (IL) 91.95 four stars
Alight (formerly American Refugee Committee) (MN) 96.46 four stars
Doctors Without Borders, USA (NY) 93.91 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,401,239
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $2,843,016
Total Contributions $7,244,255
   Program Service Revenue $0
Total Primary Revenue $7,244,255
   Other Revenue $135,017
TOTAL REVENUE $7,379,272
   
EXPENSES  
   Program Expenses $5,337,676
   Administrative Expenses $930,423
   Fundraising Expenses $71,058
TOTAL FUNCTIONAL EXPENSES $6,339,157
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,040,115
   
Net Assets $2,534,466

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 06/01/2020 83.70 three stars
2017-12 08/01/2019 78.97 two stars
2016-12 05/01/2018 77.83 two stars
2015-12 05/01/2017 80.73 three stars
2014-12 06/01/2016 78.97 two stars
 
CN 2.0
2014-12 04/01/2016 80.87 three stars
2013-12 07/01/2015 81.45 three stars
2012-12 02/01/2014 87.76 three stars
2011-12 04/01/2013 79.82 two stars
2010-12 06/01/2012 77.59 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-3042135
Name in IRS Master File MILLENNIUM PROMISE ALLIANCE INC
NTEE Code Q30
NTEE Classification International Development, Relief Services
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 2006
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
Not compensated -- Jeffrey Sachs CEO
Other Salaries of Note
$124,335 1.96% David Webber Chief Financial Officer
$111,140 1.75% William Chu Financial Controller

Highly Rated

Charity Name & State Overall Score Overall Rating
Millennium Promise (NY) 83.70 three stars
CARE (GA) 88.50 three stars
Church World Service (IN) 85.69 three stars
Aga Khan Foundation, USA (DC) 95.68 four stars
ADRA International (MD) 93.22 four stars

Compare These Charities (Highly Rated)

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.

Charity Contact Info

Millennium Promise
475 Riverside Drive
Suite 1040
New York, NY 10115
tel: (212) 870-2490
EIN: 20-3042135

Visit Web Site

Board Leadership

Klaus M. Leisinger
President

CEO

Jeffrey D. Sachs
CEO

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.