South Africa Development Fund Inc is located in Jamaica Plain, MA. The organization was established in 1987. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Africa Development Fund 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 06/2021, South Africa Development Fund Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $1.6m during the year ending 06/2021. While expenses have increased by 14.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOUTH AFRICA DEVELOPMENT FUND, INC SUPPORTS COMMUNITY-BASED ORGANIZATIONS IN SOUTH AFRICA THAT SERVE DISADVANTAGED SECTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PROGRAM - PROVIDES DISCRETIONARY AND DONOR ADVISED GRANTS TO COMMUNITY-BASED PROJECTS AND ORGANIZATIONS IN SOUTH AFRICA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Holly Shepherd Executive Di | Officer | 40 | $108,799 |
Heeten Kalan Chair | OfficerTrustee | 5 | $0 |
Mokubung Nkomo Secretary | OfficerTrustee | 5 | $0 |
Nomazizi Sokudela Vice Chair | OfficerTrustee | 5 | $0 |
Paul Stopforth Treasurer | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $23,700 |
All other contributions, gifts, grants, and similar amounts not included above | $1,303,578 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,327,278 |
Total Program Service Revenue | $0 |
Investment income | $1,341 |
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 | $1,328,619 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $1,398,176 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $108,799 |
Compensation of current officers, directors, key employees. | $21,760 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $12,338 |
Payroll taxes | $10,106 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,835 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $910 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,259 |
Travel | $1,412 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $704 |
All other expenses | $351 |
Total functional expenses | $1,551,880 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $548,464 |
Pledges and grants receivable | $41,200 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $313,984 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $903,648 |
Accounts payable and accrued expenses | $8,785 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $24,506 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $33,291 |
Net assets without donor restrictions | $708,337 |
Net assets with donor restrictions | $162,020 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $903,648 |
Over the last fiscal year, we have identified 3 grants that South Africa Development Fund Inc has recieved totaling $242,893.
Awarding Organization | Amount |
---|---|
The Schmidt Family Foundation Palo Alto, CA PURPOSE: PROTECTING HUMAN RIGHTS IN AFRICA | $200,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $22,593 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $20,300 |
Organization Name | Assets | Revenue |
---|---|---|
Jerusalem Foundation Inc New York, NY | $41,082,907 | $16,301,645 |
American Society Of The University Of Haifa New York, NY | $7,655,758 | $11,239,823 |
Tibet Fund New York, NY | $8,176,885 | $9,507,647 |
Friends Of Ir David Inc New York, NY | $1,931,131 | $8,657,861 |
Yeshivas Chasidei Belz-Belz Institutions In Israel Brooklyn, NY | $1,824,863 | $9,693,412 |
United Board For Christian Higher Education In Asia New York, NY | $134,521,171 | $6,638,102 |
American Friends Of Maoz-Seal Inc Haverhill, MA | $984,752 | $8,827,434 |
American Friends Of Shalva Israel Inc New York, NY | $2,820,532 | $9,087,461 |
Association For Cultural Interchange Inc New York, NY | $233,666,936 | $20,017,646 |
Bayis Lepleitos Ateres Bonos Inc Brooklyn, NY | $1,664,185 | $5,696,760 |
Emunah Of America Inc New York, NY | $1,802,135 | $4,366,155 |
Insead Management Education Foundation New York, NY | $868,532 | $4,197,485 |