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International : Development and Relief Services

Grameen Foundation USA

Breakthroughs to end poverty and hunger

three stars

80.41

1400 K Street, NW Suite 550
Washington, DC 20005
tel: (202) 628-3560   Web Site
EIN: 73-1502797

Board Leadership
Peter Cowhey
Chair

CEO
Steve Hollingworth
President and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 80.41 three stars
  Financial 72.30 two stars
  Accountability & Transparency 100.00 four stars
This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Grameen Foundation is a global nonprofit that creates breakthrough solutions spanning financial, agricultural, and health services. We use digital technology and strengthen local partner networks to design and deliver solutions that open opportunity for women and families living in poverty.

Our work is inspired by the people we serve. We believe there is no greater force than the power of women driven to improve their own lives and the lives of those around them. But they need real breakthroughs that enable them to overcome the economic, cultural and gender barriers that keep families trapped in poverty.

To engender such breakthroughs, we design strategies that equip women and families with essential tools and knowledge. We train networks of field agents to implement the solutions, and provide training and education to the women themselves. We bring together partners to co-design and scale-up solutions. And, we evaluate our impact to continuously improve the work we do.

Grameen Foundation is a global nonprofit that creates breakthrough solutions spanning financial, agricultural, and health services. We use digital technology and strengthen local partner networks to design and deliver solutions that open opportunity for women and families living in poverty.

Our work is inspired by the people we serve. We believe there is no greater force than the power of women driven to improve their own lives and the lives of those around them. But they need real breakthroughs that enable them to overcome the economic, cultural and gender barriers that keep families trapped in poverty.

To engender such breakthroughs, we design strategies that equip women and families with essential tools and knowledge. We train networks of field agents to implement the solutions, and provide training and education to the women themselves. We bring together partners to co-design and scale-up solutions. And, we evaluate our impact to continuously improve the work we do.

Financial

two stars

72.30

Accountability & Transparency

four stars

100.00

This rating was published 04/01/2021 and includes data from FY2019, 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)
66.8%
  Administrative Expenses 28.6%
  Fundraising Expenses 4.4%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.68
  Program Expenses Growth -22.4%
  Liabilities to Assets 13.7%
All data for Financial Performance Metrics calculations was provided by Grameen Foundation USA on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Grameen Foundation USA on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Grameen Foundation USA (DC) 80.41 three stars
GlobalGiving (DC) 98.23 four stars
BRAC USA (NY) 87.62 three stars
Root Capital (MA) 87.03 three stars
The Water Project (NH) 97.34 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,512,591
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $1,804,030
Total Contributions $6,316,621
   Program Service Revenue $1,246,491
Total Primary Revenue $7,563,112
   Other Revenue $55,634
TOTAL REVENUE $7,618,746
   
EXPENSES  
   Program Expenses $6,189,454
   Administrative Expenses $2,962,106
   Fundraising Expenses $427,301
TOTAL FUNCTIONAL EXPENSES $9,578,861
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,960,115
   
Net Assets $7,562,403

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.

Program Name Amount Spent % of Program Expenses
Financial Services $2,707,272 43.7%
Health and Agricultural Solutions $1,255,943 20.3%
Strengthening Organizations $1,074,348 17.3%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 04/01/2021 80.41 three stars
2018-06 11/01/2019 83.20 three stars
2017-03 07/01/2018 82.53 three stars
2016-03 10/01/2017 84.82 three stars
2015-03 06/01/2016 89.35 three stars
 
CN 2.0
2014-03 09/01/2015 85.99 three stars
2013-03 07/01/2014 90.17 four stars
2012-03 04/01/2013 88.52 three stars
2011-03 05/01/2012 92.97 four stars
2010-03 09/20/2011 96.77 four stars
 
CN 1.0
2010-03 03/01/2011 95.43 four stars
2008-03 02/01/2009 98.35 four stars
2006-12 03/01/2008 89.25 three stars
2005-12 02/01/2007 89.25 three stars
2004-12 02/01/2006 94.57 four stars
2003-12 12/01/2004 93.37 four 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 73-1502797
Name in IRS Master File GRAMEEN FOUNDATION USA
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 (994) Described in section 170(b)1)(a)(vi) of the Code
(560) Supplying money, goods or services to the poor
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 December, 1996
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • March, 2017
  • March, 2016
  • March, 2015
  • March, 2014
Compensation % of Expenses Paid to Title
$242,174 2.52% Steve Hollingworth President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Grameen Foundation USA (DC) 80.41 three stars
Water Mission (SC) 98.23 four stars
Village Enterprise (CA) 95.83 four stars
Global Volunteers (MN) 88.79 three stars
Room to Read (CA) 92.00 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Grameen Foundation USA
1400 K Street, NW
Suite 550
Washington, DC 20005
tel: (202) 628-3560
fax: (202) 628-2341
EIN: 73-1502797

Visit Web Site

Board Leadership

Peter Cowhey
Chair

CEO

Steve Hollingworth
President and CEO

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