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International : Development and Relief Services

Grameen Foundation USA

Breakthroughs to end poverty and hunger

three stars

82.53

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 82.53 three stars
  Financial 75.30 two stars
  Accountability & Transparency 100.00 four stars
This rating was published 07/01/2018 and includes data from FY2017, 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.

Results Information

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This results data is current as of November 2017, when it was provided to us by GlobalGiving. Results information published on this organization’s rating page has no effect on its rating at this time. Further, the availability of GG Rewards information has no effect on Charity Navigator's evaluation of GlobalGiving. All CN ratings are calculated based solely on the methodology outlined here. data iconLearn More

Financial

two stars

75.30

Accountability & Transparency

four stars

100.00

This rating was published 07/01/2018 and includes data from FY2017, 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)
77.3%
  Administrative Expenses 20.4%
  Fundraising Expenses 2.1%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 0.48
  Program Expenses Growth -17.4%
  Liabilities to Assets 16.3%
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) 82.53 three stars
Village Enterprise (CA) 93.72 four stars
International Community Foundation (CA) 97.17 four stars
EMpower (NY) 90.21 four stars
Plant With Purpose (CA) 89.20 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,874,259
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $2,879,987
   Government Grants $2,491,898
Total Contributions $12,246,144
   Program Service Revenue $1,690,318
Total Primary Revenue $13,936,462
   Other Revenue $308,500
TOTAL REVENUE $14,244,962
   
EXPENSES  
   Program Expenses $10,234,415
   Administrative Expenses $3,327,539
   Fundraising Expenses $658,232
TOTAL FUNCTIONAL EXPENSES $14,220,186
   
Payments to Affiliates $0
Excess (or Deficit) for the year $24,776
   
Net Assets $8,671,429

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
Health and Agricultural Solutions $4,331,881 42.3%
Financial Services $3,340,810 32.6%
Organization Collaboration $1,595,877 15.6%
Regional Programs $526,200 5.1%
Public Education $439,647 4.3%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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 March
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • March, 2017
  • March, 2016
  • March, 2015
  • March, 2014
  • March, 2013

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

Compensation % of Expenses Paid to Title
$238,227 1.67% Steve Hollingworth President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Grameen Foundation USA (DC) 82.53 three stars
CHOICE Humanitarian (UT) 90.58 four stars
ACCION International (MA) 89.54 three stars
Root Capital (MA) 92.38 four stars
American India Foundation (NY) 91.04 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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