Resource Foundation Inc

Organization Overview

Resource Foundation Inc is located in New York, NY. The organization was established in 1988. According to its NTEE Classification (Q50) the organization is classified as: International Affairs, Foreign Policy, & Globalization, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Resource Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resource Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Resource Foundation Inc generated $2.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Resource Foundation Inc has awarded 11 individual grants totaling $754,544. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO BE A LEADER IN PHILANTHROPIC GIVING TO THE AMERICAS & THE CARIBBEAN , AND TO INCREASE OPPORTUNITIES & IMPROVE LIVING STANDARDS FOR THE REGION'S DISADVANTAGED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE REPRESENTATION, NETWORKING , TRAINING , TECHNICAL ASSISTANCE AND FUNDRAISING TO NON-PROFIT DEVELOPMENT ORGANIZATIONS ACROSS THE AMERICAS, THE CARIBBEAN THAT IMPLEMENT SELF-HELP PROJECTS SUCH AS AFFORDABLE HOUSING, AGRICULTURE, CAPACITY BUILDING, CULTURAL PROGRAMS , DISASTER RELIEF, EDUCATION AND JOB SKILLS, ENVIRONMENT , FINANCIAL INCLUSION , HEALTHCARE & HIV/AIDS , POTABLE WATER, SANITATION & WOMEN'S EMPOWERMENT. THE RESOURCE FOUNDATION ALSO PROMOTES AND IMPLEMENTS DEVELOPMENT EDUCATION PROGRAMS IN THE U.S. IN ORDER TO INCREASE THE AWARENESS OF THE AMERICAN PUBLIC ABOUT CONDITIONS IN LATIN AMERICA AND IN THE CARIBBEAN.


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Board, Officers & Key Employees

Name (title)Compensation
John Welch
Chairman
$0
Patrick Amato
Treasurer
$0
Cristina Perez
Secretary
$0
Michael M Archer
Director
$0
Rafael Guardans Cambo
Director
$0
Ricardo S Martinez
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,775
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,808,161
Noncash contributions included in lines 1a–1f $612,697
Total Revenue from Contributions, Gifts, Grants & Similar$2,809,936
Total Program Service Revenue$0
Investment income $1,526
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,811,462

Grants Awarded

Over the last fiscal year, Resource Foundation Inc has awarded $106,570 in support to 4 organizations.

Grant RecipientAmount

GLOBAL FOOD NETWORK

PURPOSE: IMPROVING FOOD SECURITY ACROSS LATIN AMERICA

$25,000

WORLD VISION INC

PURPOSE: WOMEN'S INITIATIVE PROGRAM IN SULA VALLEY, HONDURAS

$28,285

WORLD VISION INC

PURPOSE: WOMEN'S INITIATIVE PROGRAM IN SULA VALLEY, HONDURAS

$28,285

GLOBAL FOOD NETWORK

PURPOSE: IMPROVING FOOD SECURITY ACROSS LATIN AMERICA

$25,000
View Grant Profile

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