Mawazo Institute is located in La Grange, IL. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2023, Mawazo Institute employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mawazo Institute 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, Mawazo Institute generated $959.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $782.2k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE NEXT GENERATION OF FEMALE THOUGHT LEADERS AND SCHOLARS IN AFRICA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FELLOWSHIP PROGRAM HELPS EQUIP AFRICAN WOMEN FROM ACROSS THE CONTINENT WITH RESEARCH AND PROFESSIONAL SKILLS THEY NEED TO SUCCEED IN THEIR CAREERS. THE PROGRAMME IS IN ITS THIRD ITERATION WHERE FELLOWS COMING INTO IT ARE NOW REFERRED TO AS MAWAZO FELLOWS. THE PROGRAMME ACHIEVES THIS THROUGH THE FOLLOWING KEY ASPECTS: - FELLOW FUND WHICH OFFERS FINANCIAL SUPPORT FOR RESEARCH ACTIVITIES AIMED TOWARDS ATTAINMENT OF PHD - PROFESSIONAL TRAINING VIA THE MAWAZO LEARNING EXCHANGE PLATFORM (MLEX) WHICH PROVIDES DEDICATED TRAINING COURSES FOR EARLY-CAREER AFRICAN WOMEN IN ACADEMIA AND RESEARCH, AS WELL AS A GROWING LIBRARY OF RESOURCES TAILORED TO THE AFRICAN CONTEXT AND AVAILABLE TO SCHOLARS AND ACADEMICS EVERYWHERE. - MENTORSHIP SCHEME WHERE FELLOWS GET BESPOKE ACADEMIC AND PROFESSIONAL SUPPORT FROM MAWAZO MENTORS WHO ARE ALL SENIOR PROFESSIONALS WITH PHDS IN FELLOW-SPECIFIC FIELDS - WELLNESS SUPPORT THROUGH COACHING AND OTHER PSYCHO-SOCIAL SUPPORT
THE VOICES PROGRAMME AIMS AT AMPLIFYING THE VOICES OF OUR WOMEN RESEARCHERS TO ENSURE THEIR ACADEMIC AND INNOVATIVE PROJECTS AND SOLUTIONS DO NOT REMAIN IN THE CONFINES OF THEIR THESES, BUT RATHER, ARE KNOWN BY VARIOUS PUBLICS WHERE THE WORK CAN MAKE SIGNIFICANT CONTRIBUTIONS TO SOLVING THE CONTINENT'S MANY CHALLENGES. THE PROGRAMME ACHIEVES THIS VIA THE FOLLOWING KEY ASPECTS: - PUBLIC AND POLICY ENGAGEMENT WHERE WE RUN PUBLIC EVENTS AND PRODUCE DIFFERENT MEDIA OUTPUTS AMPLIFYING THE WORK OF OUR WOMEN RESEARCHERS. WE DO THIS VIA OUR PODCAST, DIGEST, IDEAS NIGHTS, IDEAS EXCHANGES, AND IDEAS COLABS - STRATEGIC PARTNERSHIPS WHERE WE WORK TOWARDS LINKING OUR WOMEN RESEARCHERS TO MAWAZO'S STRATEGIC PARTNERS IN DIFFERENT SPACES WITHIN THE RESEARCH AND INNOVATION ECOSYSTEMS. SUCH PARTNERS INCLUDE VENTURE BUILDERS, FUNDERS, PHILANTHROPISTS, RESEARCH INSTITUTES, AMONG OTHER ENTITIES. THIS ENSURES OUR WOMEN RESEARCHERS GET FULL SUPPORT TO ACTUALISE THEIR WORK BEYOND WHAT MAWAZO INSTITUTE ITSELF CAN DO. - CONNECTS NETWORK IS OUR ALUMNI NETWORK THAT BRINGS ALL FORMER MAWAZO FELLOWS INTO A NETWORK IN WHICH WE OFFER SMALL SCALE FUNDING FOR POST-PHD WORK AS WELL AS ORGANIZED THE NETWORK INTO THEMATIC GROUPS FOR MAXIMUM REACH AND PARTICIPATION. - RESEARCH ARM, WHICH IS OUR MAWAZO INSTITUTE INTERNAL RESEARCH MECHANISM THAT ENSURES THE INSTITUTE PRODUCES RESEARCH OUTPUTS BASED ON THE NEEDS OF OUR FELLOWS AND ALUMNI. SO FAR WE HAVE SEVERAL OUTPUTS ON THE WEBSITE LOOKING AT THE IMPACT OF THE COVID PANDEMIC ON HIGHER EDUCATION IN AFRICA, AND CONTINUE TO WORK ON A DIFFERENT PROJECT ON THE STATUS OF AFRICAN WOMEN IN RESEARCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Treasurer / Board Member | OfficerTrustee | 0.5 | $0 |
Name Not Listed Board Vice Chair | OfficerTrustee | 0.5 | $0 |
Name Not Listed Board Chair | OfficerTrustee | 0.5 | $0 |
Name Not Listed Board Member | Trustee | 0.5 | $0 |
Name Not Listed Board Member | Trustee | 0.5 | $0 |
Name Not Listed Board Member | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $425,113 |
All other contributions, gifts, grants, and similar amounts not included above | $534,324 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $959,437 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$208 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $959,229 |
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 | $82,188 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $74,286 |
Compensation of current officers, directors, key employees. | $24,908 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $255,779 |
Pension plan accruals and contributions | $24,859 |
Other employee benefits | $52,607 |
Payroll taxes | $130,862 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,084 |
Fees for services: Accounting | $6,183 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $27,063 |
Advertising and promotion | $219 |
Office expenses | $6,224 |
Information technology | $21,937 |
Royalties | $0 |
Occupancy | $50,110 |
Travel | $27,103 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,831 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,929 |
Insurance | $4,892 |
All other expenses | $0 |
Total functional expenses | $782,156 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $33,112 |
Savings and temporary cash investments | $268,907 |
Pledges and grants receivable | $0 |
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 | $2,336 |
Net Land, buildings, and equipment | $11,709 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,964 |
Total assets | $319,028 |
Accounts payable and accrued expenses | $4,307 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $4,307 |
Net assets without donor restrictions | -$95,869 |
Net assets with donor restrictions | $410,590 |
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 | $319,028 |