GRAMEEN FOUNDATION USA
1400 K STREET NW NO 550, WASHINGTON, DC 20005 www.grameenfoundation.org

Total Revenue
$7,618,746
Total Expenses
$9,578,861
Net Assets
$7,562,403

Organizations Filed Purposes: TO ENABLE THE POOR, ESPECIALLY WOMEN, TO CREATE A WORLD WITHOUT POVERTY AND HUNGER.

FINANCIAL SERVICES: OUR DIGITAL FINANCIAL SERVICES WORK FOCUSED ON DEVELOPING NETWORKS OF TRAINED FEMALE COMMUNITY AGENTS TO PROVIDE THEIR NEIGHBORS DIGITAL ACCESS TO FINANCIAL RESOURCES TO IMPROVE THEIR LIVES. AGENTS ALSO EARN A SMALL TRANSACTION FEE TO IMPROVE THEIR OWN LIVES. WE ALSO CONTINUED THE DIGITAL INCLUSION VIA EDUCATION (DIVE) PROGRAM IN INDIA WHICH TRAINS FEMALE FINANCIAL SERVICE AGENTS TO TEACH FINANCIAL LITERACY TO MARGINALIZED FAMILIES. OTHER PROJECTS INCLUDE WOMENLINK PROGRAMS IN INDIA AND THE PHILIPPINES, AND THE USE OF ARTIFICIAL INTELLIGENCE AND AUGMENTED REALITY TOOLS TO EXPAND FINANCIAL INCLUSION IN BOTH COUNTRIES. IN ADDITION, WE ARE WORKING WITH PARTNERS ON TWO PROGRAMS: 1. WOMEN AND GIRLS EMPOWERED (WAGE) INITIATIVE TO IMPROVE WOMEN'S ECONOMIC EMPOWERMENT IN EL SALVADOR AND HONDURAS, AND 2. THE RICHES GLOBAL PROGRAM TO ELIMINATE UNINTENDED CONSEQUENCES OF WOMEN'S ENTERPRISES, SUCH AS CHILD LABOR OR POOR LABOR STANDARDS.

HEALTH AND AGRICULTURAL SOLUTIONS: GRAMEEN FOUNDATION USA'S INNOVATIONS IN AGRICULTURAL DEVELOPMENT HELP EXPAND DIGITAL SERVICES TO SMALLHOLDER FARMERS AND STRENGTHEN WOMEN'S SAVINGS GROUPS. IN FY19, GRAMEEN FOUNDATION USA LAUNCHED WITH PARTNERS A FARMER-TO-FARMER PROGRAM IN COLOMBIA AND ANOTHER IN KENYA. FARMER-TO-FARMER'S COMMUNITY AGENTS TRAIN FARMERS IN FINANCIAL LITERACY, FINANCIAL MANAGEMENT AND BUSINESS DEVELOPMENT WITH A PARTICULAR FOCUS ON WOMEN. WE ALSO CONTINUE OUR SAT4FARMING PROGRAM WORK IN GHANA TO HELP SMALLHOLDER COCOA FARMERS. THE PROJECT USES SATELLITE IMAGERY TO ANALYZE AND TRACK ENVIRONMENTAL CONDITIONS SUCH AS WATER AVAILABILITY, CROP COVER, AND SOIL QUALITY. COMMUNITY AGENTS THEN USE THE DATA TO CREATE FARM DEVELOPMENT PLANS TO HELP SMALLHOLDER FARMERS BREAK FREE FROM CYCLES OF POVERTY BY IMPROVING YIELDS AND ACCESSING MARKETS.

STRENGTHENING ORGANIZATIONS: GRAMEEN FOUNDATION USA REMAINS COMMITTED TO BUILDING UP THE INTERNATIONAL DEVELOPMENT ECOSYSTEM THAT SUPPORTS BILLIONS OF PEOPLE AS THEY WORK THEIR WAY OUT OF POVERTY. WE FOCUS ON ENSURING THAT ORGANIZATIONS WORKING ON POVERTY AND HUNGER ARE EQUIPPED WITH THE BEST MINDS AND TECHNOLOGY TO HELP THEM SERVE MARGINALIZED FAMILIES EFFICIENTLY AND EFFECTIVELY. OUR BANKERS WITHOUT BORDERS PROGRAM MOBILIZES THE TALENT AND SKILLS OF PRIVATE SECTOR VOLUNTEERS TO SUPPORT THE MISSIONS OF POVERTY-FOCUSED SOCIAL ENTERPRISES. TAROWORKS LLC, A SUBSIDIARY OF GRAMEEN FOUNDATION USA, IS A SOCIAL ENTERPRISE WHOSE MOBILE-BASED DATA TOOL ENABLES ORGANIZATIONS SERVING POOR AND REMOTE AREAS TO EFFICIENTLY COLLECT, ANALYZE AND ACT ON FIELD DATA. THE POVERTY PROBABILITY INDEX (PPI) (PREVIOUSLY CALLED THE PROGRESS OUT OF POVERTY INDEX) IS A POWERFUL, LOW-COST TOOL DEVELOPED BY GRAMEEN FOUNDATION USA, AND NOW MANAGED BY THE PPI ALLIANCE. AS OF FY19, OUR VOLUNTEERS HAVE PROVIDED $27.5 MILLION IN IN-KIND SERVICES TO 278 SOCIAL ENTERPRISES, AND NINETY ORGANIZATIONS IN 30+ COUNTRIES ACTIVELY USED TAROWORKS, LLC TO MANAGE THEIR OPERATIONS. IN ADDITION, MORE THAN 600 ORGANIZATIONS HAVE USED THE PPI TO TRACK AND IMPROVE THEIR SERVICES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Steve HollingworthPRESIDENT & CEO40$242,174
Katharine MarshallCFO (END 02/19)40$188,181
Lauren HendricksEVP, GLOBAL PROGRAMS40$186,780
Margo JacobsVP DEV'L & COMM. (END 02/19)40$138,975
Melanie Mamrack-ChenVP INST. & PROG. DEV'L (END 02/19)40$135,709
Jessie TientcheuTRANSITION TO VP (EFF. 11/18-04/19)40$119,141
Cesar DuronDIRECTOR, GLOBAL HUMAN RESOURCES40$118,410
Christian LoupedaSR DIRECTOR, FINANCIAL INCLUSION40$117,067
Conan WickhamDIRECTOR, FINANCE40$111,805
Brianne FischerDIR., OP. LEGAL CONTR. & COMPLIANCE40$110,598
Sarah MillerDIRECTOR, INFORMATION TECHNOLOGY40$109,807
Sabrina QuaraishiDIRECTOR, BANKERS WITHOUT BORDERS40$109,269
Jeanne SchwartzVP DEV'L & COMM. (START 02/19)40$0
Daniel WolfsonBOARD MEMBER4$0
Juan VallerinoBOARD MEMBER4$0
Marianne Udow-PhillipsBOARD MEMBER4$0
J Grover ThomasBOARD MEMBER4$0
Zubyr SoomroBOARD MEMBER (END 06/19)4$0
Ed-Michael ReggieBOARD MEMBER4$0
Sheila LeathermanBOARD MEMBER (END 06/19)4$0
Leslie HymanBOARD MEMBER4$0
Daniel HessionBOARD MEMBER (END 06/19)4$0
William HammBOARD MEMBER4$0
Arthur GoshinBOARD MEMBER4$0
Vikram GhandiBOARD MEMBER4$0
Carlos FonsecaBOARD MEMBER4$0
Michael CarterBOARD MEMBER (END 06/19)4$0
Marie-Renee BakkerBOARD MEMBER4$0
Beverly ArmstrongBOARD MEMBER4$0
Shantanu AgrawalBOARD MEMBER4$0
Elisabeth RhyneBD MBR THEN SEC. (EFF. 02/19)4$0
Jeanne SchwartzSECRETARY (END 02/19)4$0
Ellen BreyerTREASURER4$0
Benjamin CutlerVICE-CHAIR THEN BD MBR (EFF. 06/19)4$0
Peter F CowheyCHAIR4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202001329349301505_public.xml

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