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

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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.
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

Charts

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

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Millennium Promise (NY) 83.70 three stars
Orbis International (NY) 93.98 four stars
PATH (WA) 86.22 three stars
Doctors Without Borders, USA (NY) 93.91 four stars
Church World Service (IN) 85.69 three stars

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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