Capital For Good Usa is located in Paoli, PA. The organization was established in 2010. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital For Good USA 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, Capital For Good USA generated $25.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 61.1% each year . All expenses for the organization totaled $6.1m during the year ending 06/2021. While expenses have increased by 17.9% 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.
Since 2015, Capital For Good USA has awarded 33 individual grants totaling $3,405,219. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ALLEVIATE POVERTY AND SUFFERING AND ADVANCE HEALTH, EDUCATION, PROSPERITY AND WELL BEING OF THE POOR, VULNERABLE AND MARGINALIZED PEOPLE IN THE U.S. AND AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPITAL FOR GOOD USA AND CFG IMPACT OFFERS DONOR'S INNOVATIVE, FLEXIBLE, AND EFFICIENT WAYS TO CONTRIBUTE TO LIFE CHANGING PROJECTS. THIS METHODOLOGY ENABLES DONOR'S THE OPTION TO FUND INDIVIDUALLY OR COLLABORATIVELY TO LEVERAGE FUNDS AND IMPACT. WE ACHIEVE THIS MISSION BY PARTNERING WITH THE MOST CAPABLE ORGANIZATIONS, ESPECIALLY COMMUNITY-BASED ONES WHO ARE LOCATED WITHIN THE U.S. AND INTERNATIONALLY, TO ACHIEVE THE BEST RESULTS FOR ALL STAKEHOLDERS. DURING THIS PAST SHORTENED FISCAL YEAR, CFG HELPED TRANSITION A FISCAL SPONSOR CLIENT, FINANCING ALLIANCE FOR HEALTH, INTO ITS OWN 501 C 3 OPERATIONS AFTER SUCCESSFULLY SUPPORTING ITS BUILD UP FOR 3 YEARS. WE HAVE CONTINUED TO SUPPORT EDUCATION WORK IN ETHIOPIA CALLED SPEED SCHOOL. SPEED SCHOOL IS AN ACCELERATED EDUCATION PROGRAM THAT BRINGS OUT-OF-SCHOOL CHILDREN AGED 9 TO 14 BACK INTO FORMAL EDUCATION. DELIVERING THE FIRST THREE YEARS OF PRIMARY SCHOOLING IN TEN MONTHS, THE PROGRAM REGULARLY SENDS OVER 90% OF THE ENROLLED CHILDREN ON TO GOVERNMENT PRIMARY SCHOOL, WHERE THEY ROUTINELY EXCEL. SPEED SCHOOL SUCCEEDS BY ADDRESSING A RANGE OF FACTORS SUCH AS QUALITY OF INSTRUCTION, RELEVANCE OF THE CURRICULUM, PARENTAL ENGAGEMENT, AND FINANCIAL HURDLES, AMONG OTHERS. FOR MORE DETAILED INFORMATION ABOUT THIS PROGRAM GO TO OUR PROGRAM IMPLEMENTATION PARTNER'S WEBSITE: HTTPS://WWW.GENEVAGLOBAL.COM/EDUCATION-HOME. THE GIRLS FIRST FUND (GFF) - WE ARE A DONOR COLLABORATIVE SUPPORTED BY LEADING PHILANTHROPIC ORGANIZATIONS AND INDIVIDUAL PHILANTHROPISTS WHO HAVE COME TOGETHER TO CHAMPION COMMUNITY-LED EFFORTS SO THAT ALL GIRLS CAN LIVE FREE FROM CHILD MARRIAGE AND CREATE THEIR OWN FUTURE. THE GIRLS FIRST FUND HAS A GOAL OF CATALYZING CBOS TO END CHILD MARRIAGE WHILE INCREASING GENDER EQUALITY IN COMMUNITIES BY 2030. TO ACHIEVE THIS GOAL, GIRLS FIRST FUND IS PURSUING THREE PRIMARY OBJECTIVES TO ENSURE THAT THERE IS: I) INCREASED DONOR COMMITMENT; II) CBOS ARE SUPPORTED; AND III) GRANTMAKING IS EFFECTIVE. GIRLS FIRST FUND COMPLETED ITS SECOND YEAR OF GRANTING - SUPPORTING 177 COMMUNITY-DRIVEN GRANTEE PARTNERS ACROSS SIX COUNTRIES AND CONTINUING TO PROVIDE MENTORING AND ACCOMPANIMENT, CONNECTING, AND INFLUENCING SUPPORT. 85% OF GFF'S GRANTEE PARTNERS ARE WOMEN-LED ORGANIZATIONS AND 66% ARE COMMUNITY-BASED ORGANIZATIONS. GFF ALSO BEGAN IMPLEMENTING ITS MONITORING, EVALUATION, AND LEARNING (MEL) STRATEGY, WHICH INVOLVED INTEGRATING MEL APPROACHES AND DATA COLLECTION INTO OUR GRANTMAKING PROCESSES AND IDENTIFYING AND WORKING ALONGSIDE AN EXTERNAL EVALUATION PARTNER. WE WORKED TO GATHER INSIGHTS FROM GRANTEE PARTNERS, FUNDERS, INTERNAL TEAM MEMBERS, AND OTHER ACTORS IN THE ECOSYSTEM TO ARTICULATE OUR EXPANSION STRATEGY. DESPITE THE PANDEMIC OUR PROGRAMS HAVE CONTINUED TO OPERATE THROUGH HARD WORK AND INNOVATIVE IDEAS THAT ARE CREATED THROUGH THE STRONG COLLABORATIONS BUILT BY OUR IMPLEMENTING PARTNERS, GOVERNMENT ORGANIZATIONS, DONORS, AND THE PROGRAMMING STAFF. THEIR RESILIENCY DURING THIS PAST YEAR HAS RESULTED IN CONTINUED PROGRESS FOR ALL THE CFG PROGRAMMATIC INITIATIVES.
CAPITAL FOR GOOD USA AND CFG IMPACT OFFERS DONOR'S INNOVATIVE, FLEXIBLE, AND EFFICIENT WAYS TO CONTRIBUTE TO LIFE CHANGING PROJECTS. THIS METHODOLOGY ENABLES DONOR'S THE OPTION TO FUND INDIVIDUALLY OR COLLABORATIVELY TO LEVERAGE FUNDS AND IMPACT. WE ACHIEVE THIS MISSION BY PARTNERING WITH THE MOST CAPABLE ORGANIZATIONS, ESPECIALLY COMMUNITY-BASED ONES WHO ARE LOCATED WITHIN THE U.S. AND INTERNATIONALLY, TO ACHIEVE THE BEST RESULTS FOR ALL STAKEHOLDERS. DURING THIS PAST SHORTENED FISCAL YEAR, CFG HELPED TRANSITION A FISCAL SPONSOR CLIENT, FINANCING ALLIANCE FOR HEALTH, INTO ITS OWN 501 C 3 OPERATIONS AFTER SUCCESSFULLY SUPPORTING ITS BUILD UP FOR 3 YEARS. WE HAVE CONTINUED TO SUPPORT EDUCATION WORK IN ETHIOPIA CALLED SPEED SCHOOL. SPEED SCHOOL IS AN ACCELERATED EDUCATION PROGRAM THAT BRINGS OUT-OF-SCHOOL CHILDREN AGED 9 TO 14 BACK INTO FORMAL EDUCATION. DELIVERING THE FIRST THREE YEARS OF PRIMARY SCHOOLING IN TEN MONTHS, THE PROGRAM REGULARLY SENDS OVER 90% OF THE ENROLLED CHILDREN ON TO GOVERNMENT PRIMARY SCHOOL, WHERE THEY ROUTINELY EXCEL. SPEED SCHOOL SUCCEEDS BY ADDRESSING A RANGE OF FACTORS SUCH AS QUALITY OF INSTRUCTION, RELEVANCE OF THE CURRICULUM, PARENTAL ENGAGEMENT, AND FINANCIAL HURDLES, AMONG OTHERS. FOR MORE DETAILED INFORMATION ABOUT THIS PROGRAM GO TO OUR PROGRAM IMPLEMENTATION PARTNER'S WEBSITE: HTTPS://WWW.GENEVAGLOBAL.COM/EDUCATION-HOME. THE GIRLS FIRST FUND (GFF) - WE ARE A DONOR COLLABORATIVE SUPPORTED BY LEADING PHILANTHROPIC ORGANIZATIONS AND INDIVIDUAL PHILANTHROPISTS WHO HAVE COME TOGETHER TO CHAMPION COMMUNITY-LED EFFORTS SO THAT ALL GIRLS CAN LIVE FREE FROM CHILD MARRIAGE AND CREATE THEIR OWN FUTURE. THE GIRLS FIRST FUND HAS A GOAL OF CATALYZING CBOS TO END CHILD MARRIAGE WHILE INCREASING GENDER EQUALITY IN COMMUNITIES BY 2030. TO ACHIEVE THIS GOAL, GIRLS FIRST FUND IS PURSUING THREE PRIMARY OBJECTIVES TO ENSURE THAT THERE IS: I) INCREASED DONOR COMMITMENT; II) CBOS ARE SUPPORTED; AND III) GRANTMAKING IS EFFECTIVE. GIRLS FIRST FUND COMPLETED ITS SECOND YEAR OF GRANTING - SUPPORTING 177 COMMUNITY-DRIVEN GRANTEE PARTNERS ACROSS SIX COUNTRIES AND CONTINUING TO PROVIDE MENTORING AND ACCOMPANIMENT, CONNECTING, AND INFLUENCING SUPPORT. 85% OF GFF'S GRANTEE PARTNERS ARE WOMEN-LED ORGANIZATIONS AND 66% ARE COMMUNITY-BASED ORGANIZATIONS. GFF ALSO BEGAN IMPLEMENTING ITS MONITORING, EVALUATION, AND LEARNING (MEL) STRATEGY, WHICH INVOLVED INTEGRATING MEL APPROACHES AND DATA COLLECTION INTO OUR GRANTMAKING PROCESSES AND IDENTIFYING AND WORKING ALONGSIDE AN EXTERNAL EVALUATION PARTNER. WE WORKED TO GATHER INSIGHTS FROM GRANTEE PARTNERS, FUNDERS, INTERNAL TEAM MEMBERS, AND OTHER ACTORS IN THE ECOSYSTEM TO ARTICULATE OUR EXPANSION STRATEGY. DESPITE THE PANDEMIC OUR PROGRAMS HAVE CONTINUED TO OPERATE THROUGH HARD WORK AND INNOVATIVE IDEAS THAT ARE CREATED THROUGH THE STRONG COLLABORATIONS BUILT BY OUR IMPLEMENTING PARTNERS, GOVERNMENT ORGANIZATIONS, DONORS, AND THE PROGRAMMING STAFF. THEIR RESILIENCY DURING THIS PAST YEAR HAS RESULTED IN CONTINUED PROGRESS FOR ALL THE CFG PROGRAMMATIC INITIATIVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Robinson Director, Treasurer, Secretary | OfficerTrustee | 1.5 | $0 |
Joann Flett - Term 2262021 Board Chair | OfficerTrustee | 0.5 | $0 |
Ravi Bala Director, Chair, President | OfficerTrustee | 1 | $0 |
Leslie Swope - Term 2262021 Board Member | Trustee | 0.5 | $0 |
Jacuelyn Nesbitt Director | Trustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Geneva Global Inc Project Management | 6/29/21 | $2,906,829 |
Angela Gichaga Project Consulting | 6/29/21 | $218,430 |
Mckinsey Company Project Consulting | 6/29/21 | $390,000 |
Mckinsey Company Project Consulting | 6/29/21 | $390,000 |
Angela Gichaga Project Consulting | 6/29/21 | $218,430 |
Geneva Global Inc Project Management | 6/29/21 | $2,906,829 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $25,352,623 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $25,352,623 |
Total Program Service Revenue | $0 |
Investment income | $97,715 |
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 | $25,450,338 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $3,258,175 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $25,291 |
Fees for services: Accounting | $16,995 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,708 |
Fees for services: Other | $2,402,369 |
Advertising and promotion | $1,850 |
Office expenses | $118,002 |
Information technology | $22,775 |
Royalties | $0 |
Occupancy | $0 |
Travel | $130,726 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $60,305 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $15,051 |
All other expenses | $0 |
Total functional expenses | $6,089,247 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,953,988 |
Savings and temporary cash investments | $18,000,215 |
Pledges and grants receivable | $6,951,789 |
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 | $124,957 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $12,993,124 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $43,024,073 |
Accounts payable and accrued expenses | $159,261 |
Grants payable | $80,394 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $239,655 |
Net assets without donor restrictions | $832,774 |
Net assets with donor restrictions | $41,951,644 |
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 | $43,024,073 |
Over the last fiscal year, Capital For Good Usa has awarded $145,500 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Philadelphia, PA PURPOSE: GENERAL PURPOSE | $25,000 |
Philadelphia, PA PURPOSE: GENERAL PURPOSE | $25,000 |
Philadelphia, PA PURPOSE: GENERAL PURPOSE | $25,000 |
St Davids, PA PURPOSE: GENERAL PURPOSE | $23,500 |
Pittsburgh, PA PURPOSE: GENERAL PURPOSE | $23,500 |
Philadelphia, PA PURPOSE: GENERAL PURPOSE | $23,500 |
Over the last fiscal year, we have identified 6 grants that Capital For Good Usa has recieved totaling $19,000,014.
Awarding Organization | Amount |
---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: General Nonprofit Support | $15,000,000 |
David And Lucile Packard Foundation Los Altos, CA PURPOSE: REPRODUCTIVE HEALTH | $1,000,000 |
Foundation For A Just Society New York, NY PURPOSE: TO PROVIDE RESTRICTED SUPPORT FOR THE GIRLS FIRST FUND | $1,000,000 |
Ford Foundation New York, NY PURPOSE: CORE SUPPORT FOR THE GIRLS FIRST FUND TO SUPPORT COMMUNITY-BASED ORGANIZATIONS THAT ARE WORKING TO END CHILD MARRIAGE AROUND THE WORLD | $1,000,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $1,000,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Organization Name | Assets | Revenue |
---|---|---|
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
American Friends Of B Nai Levy Foundation Brooklyn, NY | $493,786 | $13,431,000 |
Rf Catalytic Capital Inc New York, NY | $241,603,034 | $246,273,218 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
Freedom Fund Brooklyn, NY | $51,719,352 | $51,201,158 |
American Friends Of Leket Israel Inc Teaneck, NJ | $3,165,709 | $12,922,662 |
Pittsburgh Promise Foundation Pittsburgh, PA | $59,585,111 | $15,082,951 |
Pennsylvania Ems Provider Foundation Harrisburg, PA | $55,116 | $0 |
Student Leadership Network Inc New York, NY | $11,626,545 | $12,224,104 |