Aga Khan Foundation Usa
- Assets
- $568.4m
- Revenue
- $86.3m
- Investments
- $32.5m
- Employees
- 33
- Location
- Washington, DC
- Founding
- 12/1981
- Data as of
- 12/2022
- EIN
- 52-1231983
Organization Overview
Aga Khan Foundation Usa is located in Washington, DC. The organization was established in 1981. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Aga Khan Foundation USA employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aga Khan Foundation 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 12/2022, Aga Khan Foundation USA generated $86.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $41.7m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL IMPACT IS A TRANSFORMATIVE NEW PARTNERSHIP IN ASIA AND AFRICA BETWEEN AKF AND USAID. THE PARTNERSHIP IS WORKING TO PUT COMMUNITIES AT THE CENTER OF DEVELOPMENT BY BUILDING THE CAPACITY OF LOCAL CITIZENS AND INSTITUTIONS TO DEVELOP NEW SOLUTIONS TO THE CHALLENGES THEY IDENTIFY. CURRENTLY, LOCAL IMPACT IS ACTIVE IN AFGHANISTAN, THE KYRGYZ REPUBLIC, AND TAJIKISTAN, AND FOCUSES ON INCREASING ECONOMIC GROWTH, IMPROVING ACCESS TO BASIC SERVICES, STRENGTHENING LOCAL COMMUNITIES AND CIVIC INSTITUTIONS, AND PROMOTING INCLUSION AND SOCIAL COHESION.
ALL OTHERS
THRIVE TAJIKISTAN PROJECT: THRIVE TAJIKISTAN AIMS TO ENHANCE INTEGRATED SOCIO-ECONOMIC DEVELOPMENT FOR MEN, WOMEN, BOYS, AND GIRLS IN KHATLON OBLAST AND GBAO REGIONS IN TAJIKISTAN. TO ACHIEVE THIS GOAL, THRIVE ENSURES LOCAL GOVERNANCE INSTITUTIONS DEPLOY RESOURCES AND SOCIAL SERVICES EFFECTIVELY THROUGH: IMPROVED MANAGEMENT OF RESOURCES AND SOCIAL SERVICES BY LOCAL GOVERNANCE INSTITUTIONS AND INCREASED ACCESS AND USE OF QUALITY SOCIAL SERVICES BY MEN, WOMEN, BOYS AND GIRLS IN TARGETED COMMUNITIES. AKF ALSO ENSURES IMPROVED PERFORMANCE OF TARGETED SMALLHOLDER FARMERS AND ENTREPRENEURS THROUGH: INCREASED ACCESS FOR TARGETED ENTREPRENEURS TO GROWTH-ORIENTED FINANCIAL AND TECHNICAL ASSISTANCE SERVICES AND INCREASED ACCESS AND USE BY SMALLHOLDER FARMERS TO AGRICULTURAL TECHNICAL ASSISTANCE AND PRODUCTIVE ASSETS.
FUNDING TO AGA KHAN FOUNDATION UNITED KINGDOM FOR LEVERAGING EXTERNAL DONOR FUNDING TOWARDS IMPLEMENTATION OF THE SOCIAL DEVELOPMENT PROGRAMS IN THE COUNTRIES OF ASIA AND AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ibrahim Inayatali Dir Resource Devlmnt & Legacy | 40 | $183,910 | |
Anna Titulaer Global Lead, Local Impact | 40 | $156,534 | |
Nazlin Pepermintwala Associate Director Of Finance | Officer | 40 | $149,779 |
Sally L Maier Senior Design Strategist | 40 | $121,202 | |
His Highness Shah Karim Al-Husseini Aga Khan, Chairman | Trustee | 1 | $0 |
Prince Amyn Aga Khan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,221,673 |
| Related organizations | $0 |
| Government grants | $14,657,282 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,325,573 |
| Noncash contributions included in lines 1a–1f | $14,740,095 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,204,528 |
| Total Program Service Revenue | $0 |
| Investment income | $2,785,038 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $444,000 |
| Net Gain/Loss on Asset Sales | -$11,349 |
| Net Income from Fundraising Events | $1,383,088 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $86,343,647 |
| 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 | $34,455,227 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $707,114 |
| Compensation of current officers, directors, key employees. | $156,695 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,551,487 |
| Pension plan accruals and contributions | $74,573 |
| Other employee benefits | $223,780 |
| Payroll taxes | $125,204 |
| Fees for services: Management | $417,815 |
| Fees for services: Legal | $84,743 |
| Fees for services: Accounting | $149,019 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $148,678 |
| Fees for services: Other | $20,030 |
| Advertising and promotion | $21,313 |
| Office expenses | $200,444 |
| Information technology | $33,289 |
| Royalties | $0 |
| Occupancy | $308,652 |
| Travel | $223,064 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $282,398 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,884,048 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $41,666,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $349 |
| Savings and temporary cash investments | $214,881,186 |
| Pledges and grants receivable | $76,317,721 |
| 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 | $222,967,813 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $32,542,785 |
| Investments—program-related | $14,189,656 |
| Intangible assets | $0 |
| Other assets | $7,503,449 |
| Total assets | $568,402,959 |
| Accounts payable and accrued expenses | $14,938,390 |
| Grants payable | $11,317,560 |
| Deferred revenue | $697,668 |
| 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 | $2,431,228 |
| Total liabilities | $29,384,846 |
| Net assets without donor restrictions | $335,940,466 |
| Net assets with donor restrictions | $203,077,647 |
| 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 | $568,402,959 |
Grants Awarded
Over the last fiscal year, Aga Khan Foundation Usa has awarded $1,018,318 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HH PRINCE AGA KHAN SHIA IMAMI ISMAILI COUNCIL PURPOSE: see part iv | $369,387 |
MANAGEMENT SYSTEM INTL PURPOSE: CIVIL SOCIETY | $139,772 |
HH PRINCE AGA KHAN SHIA IMAMI ISMAILI COUNCIL PURPOSE: see part iv | $369,387 |
MANAGEMENT SYSTEM INTL PURPOSE: CIVIL SOCIETY | $139,772 |