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International : Development and Relief Services

Grameen Foundation USA

Breakthroughs to end poverty and hunger

three stars

83.20

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 83.20 three stars
  Financial 76.25 two stars
  Accountability & Transparency 100.00 four stars
This rating was published 11/01/2019 and includes data from FY2018, 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.

Impact Information

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GlobalGiving Status
Partner Status
This organization holds GlobalGiving Partner Status. GG Rewards is the system GlobalGiving uses to reward nonprofits that demonstrate listening to the people they serve, learning, and improving their impact. Organizations receive points which translate into their Status: 52% of organizations are Partner, 22% are Leader, and the top 26% of organizations are Superstar. GlobalGiving is a trusted Impact Information partner of Charity Navigator.
Additional Badges from GlobalGiving
Vetted
This organization has been vetted by GlobalGiving.
This impact information is current as of March 2019, when it was provided to us by GlobalGiving. At this time, Impact information published on this organization's page has no effect on its rating per our methodology. Further, the availability of GG Rewards information for charities on our site has no effect on Charity Navigator's evaluation of GlobalGiving.

Financial

two stars

76.25

Accountability & Transparency

four stars

100.00

This rating was published 11/01/2019 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)
71.9%
  Administrative Expenses 24.9%
  Fundraising Expenses 3.0%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 0.68
  Program Expenses Growth -28.8%
  Liabilities to Assets 14.2%
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) 83.20 three stars
Bridges to Prosperity (CO) 93.98 four stars
Near East Foundation (NY) 92.92 four stars
International Youth Foundation (MD) 90.04 four stars
Water Mission (SC) 100.00 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,030,395
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $916,619
   Government Grants $500,309
Total Contributions $5,447,323
   Program Service Revenue $1,945,557
Total Primary Revenue $7,392,880
   Other Revenue $3,551,191
TOTAL REVENUE $10,944,071
   
EXPENSES  
   Program Expenses $5,669,569
   Administrative Expenses $3,191,791
   Fundraising Expenses $391,807
TOTAL FUNCTIONAL EXPENSES $9,253,167
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,690,904
   
Net Assets $9,478,927

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 $1,891,652 33.4%
Health and Agricultural Solutions $1,436,035 25.3%
Strengthening Organizations $1,202,786 21.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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
$230,914 2.49% Steve Hollingworth President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Grameen Foundation USA (DC) 83.20 three stars
dZi Foundation (CO) 94.60 four stars
HOPE International (PA) 91.41 four stars
Global Volunteers (MN) 89.95 three stars
American Himalayan Foundation (CA) 95.17 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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