Friends Of Imbuto Foundation Usa Inc
- Assets
- $207.3k
- Revenue
- $350.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 03/2014
- Data as of
- 06/2021
- EIN
- 46-1322731
Organization Overview
Friends Of Imbuto Foundation Usa Inc is located in Boston, MA. The organization was established in 2014. 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. Friends Of Imbuto Foundation USA 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, Friends Of Imbuto Foundation USA Inc generated $350.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $250.0k during the year ending 06/2021. While expenses have increased by 6.2% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE GRANTS TO ORGANIZATIONS WHOSE PRINCIPAL ACTIVITIES ARE UNDERTAKEN IN RWANDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EARLY DEVELOPMENT PROGRAM AIMS TO ENSURE THE FULL DEVELOPMENT POTENTIAL OF 0-6 YEARS OLD IN COMMUNITIES SERVED. THE GOAL IS TO MAKE SURE THAT THE CHILDREN ARE HEALTHY, WELL-NOURISHED, SAFE AND STIMULATED EMOTIONALLY AND INTELLECTUALLY, WHILE THEIR PARENTS AND COMMUNITIES BECOME NUTURING CAREGIVERS, THANKS TO A BETTER UNDERSTANDING AND INCREASED BUY-IN OF INTEGRATED ECD SERVICES. IMBUTO FOUNDATION'S OBJECTIVE IS TO ADVOCATE FOR THE CONSTRUCTION OF AT LEAST 1 CENTER IN EACH OF THE 30 RWANDAN DISTRICTS. THE FOUNDATION HAS ALREADY BEEN ABLE TO BUILD 13 CENTERS IN AS MANY DISTRICTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maureen Ruettgers President | 1 | $0 | |
Martina Frangis Treasurer | 1 | $0 | |
Stephanie Nyombayire Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $350,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $61 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $350,061 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $35 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $250,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,332 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $207,332 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of Imbuto Foundation Usa Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Cri Foundation Inc New York, NY PURPOSE: CHARITABLE | $50,000 |
Ellen Degeneres Wildlife Fund Encino, CA PURPOSE: TO SOURCE & ADMINISTER COVID-19 VACCINATIONS FOR POPULATION OF RWANDA | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bny Mellon Charitable Gift Fund Boston, MA | $342,614,894 | $208,280,795 |
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Greater Hartford Community Foundation Inc Hartford, CT | $8,414,279 | $22,150,705 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
Imago Dei Fund Boston, MA | $57,020,766 | $29,637,241 |
Boston Charitable Trust Fund Boston, MA | $1,173,216 | $4,494,143 |