Pact Institute Inc is located in Washington, DC. The organization was established in 2000. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pact Institute 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, Pact Institute Inc generated $11.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $15.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 6 years. 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
PACT INSTITUTE WORKS TO ACHIEVE STRATEGIC OBJECTIVES THAT IMPROVE THE LIVES OF PEOPLE AROUND THE WORLD WHO ARE POOR AND MARGINALIZED THROUGH INNOVATION, THE EXPLORATION OF NEW APPROACHES AND PARTNERSHIPS, AND FUNDING DIVERSIFICATION. IT IS A SUBSIDIARY OF PACT INC., AN INTERNATIONAL DEVELOPMENT ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INTERNATIONAL TIN SUPPLY CHAIN INITIATIVE (ITSCI) PACT LEADS FIELD IMPLEMENTATION AND THE ONLY TRACEABILITY AND DUE DILIGENCE PROGRAM FOR THE 3T MINERALS (TIN, TUNGSTEN, AND TANTALUM) OPERATING ON A LARGE-SCALE DUE DILIGENCE WITH STANDARDS 100% ALIGNED WITH THE OECD UPSTREAM DUE DILIGENCE GUIDANCE. PACT MONITORS OVER 2,250 ARTISANAL AND SMALL-SCALE MINES ACROSS THE DR CONGO, RWANDA, UGANDA AND BURUNDI, AND MYRIAD OF LOCAL AS WELL AS INTERNATIONAL MINING STAKEHOLDERS. THE ITSCI PROGRAM OBJECTIVE IS TO INITIATE, DEVELOP AND MAINTAIN A TRACEABILITY AND DUE DILIGENCE SYSTEM THAT ENSURES LOCAL AND INTERNATIONAL COMPANIES RESPONSIBLY TRADE 3T MINERALS FROM AFRICA'S GREAT LAKES REGION IN COMPLIANCE WITH NATIONAL AND INTERNATIONAL LAWS AND REGULATIONS (CONTINUED IN SCHEDULE O)(SECTION 1502 OF THE DODD FRANK ACT, SEC RULE AS WELL AS THE OECD GUIDANCE). THROUGH ITSCI 80,000, MINERS HAVE BEEN SUPPORTING AROUND FIVE MILLION PEOPLE WITH THEIR ACTIVITIES IN THE MINES. MORE THAN 5,500 STAKEHOLDERS HAVE BEEN TRAINED IN 2021 ON DUE DILIGENCE. ITSCI HAS EQUALLY IMPROVED SECURITY AND FOSTERED PEACE IN THE REGION, IN FACT THE PROJECT HAS DRASTICALLY REDUCED NON-STATE ARMED GROUPS INTERFERENCE IN MINING AREAS. AS OF 2021, ISTCI COUNTS FORTY-EIGHT MULTI-STAKEHOLDER COMMITTEES, 257 COMMITTEE MEETINGS FACILITATED BY ITSCI, 267 COACHING AND TRAINING SESSIONS, AND ABOUT 4,832 TRAINED BENEFICIARIES.
MULTI-SECTORAL RESPONS TO TB/HIVPACT IS THE LEAD ORGANIZATION ON THE STEPPING UP UNIVERSAL ACCESS: A MULTI-SECTORAL PARTNERSHIP RESPONSE TO TB/HIV PROJECT, FOCUSING ON VULNERABLE AND KEY POPULATIONS. THE PROJECT AIMS TO: USE MULTIPLE APPROACHES TO INTENSIFY AWARENESS AND IMPROVE KNOWLEDGE ON HIV/AIDS AND PROVIDE COMPREHENSIVE PREVENTION PROGRAMS ADAPTED TO EACH VULNERABLE POPULATION AND GROUP; PROVISION OF PRE-EXPOSURE PROPHYLAXIS (PREP) FOR VULNERABLE POPULATIONS, SUCH AS MSM, SEX WORKERS, AND AGYW; CONTRIBUTE TO SCALE UP AND IMPLEMENTATION OF SELF-TESTING, INDEX-TESTING, AND COMMUNITY-BASED HIV COUNSELING AND TESTING (HTC) INCLUDING OUTREACH AND TARGET CAMPAIGNS; SUPPORT PRIMARY HIV PREVENTION IN ADOLESCENT GIRLS AND YOUNG WOMEN (CONTINUED IN SCHEDULE O)AND STRENGTHEN LINKAGES AND REFERRALS TO OTHER SERVICE PROVIDERS.IN 2021, 703,805 CONDOMS WERE DISTRIBUTED TO THE GENERAL POPULATION. 264,600 YOUNG PEOPLE, AGED 10-24 YEARS, WERE REACHED BY COMPREHENSIVE SEXUALITY EDUCATION OUT OF SCHOOLS AND 113,962 ADOLESCENT AND YOUNG WOMEN WERE REACHED WITH HIV PREVENTION PROGRAMS.
SMART POWER MYANMAR FOLLOW-ONESTABLISHED BY A GROUP OF FOUNDING MEMBERS AND PACT WITH CORE FUNDING FROM THE ROCKEFELLER FOUNDATION, SPM IS A PLATFORM BASED IN MYANMAR THAT HELPS UNIFY AND SCALE INTEGRATED ELECTRIFICATION EFFORTS. SPM HELPS ALIGN THE SKILLS, RESOURCES AND ENERGY OF PRIVATE POWER DEVELOPERS AND DEVELOPMENT AND FINANCING INSTITUTIONS TO PROMOTE INTEGRATED ELECTRIFICATION IN MYANMAR. SPM'S ENERGY IMPACT FUND HAS BROUGHT ACCESS TO ENERGY TO 61,000 PEOPLE. SPM'S MYANMAR POWER MAP PROMOTES INTEGRATED ELECTRIFICATION WITH MORE THAN 600,000 ELECTRICITY GRID POINTS AND 4.8 MILLION CUSTOMERS IN ITS BILLING DATABASE, HELPING THE PLATFORM TO MOBILIZE MORE THAN $31 MILLION IN FINANCING TO INTEGRATED ELECTRIFICATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Samantha Barbee CFO | Officer | 5 | $0 |
Carlos A Carazana Interim President & CEO | Officer | 5 | $0 |
Caroline Anstey Pres & CEO (as Of 03/2020) | Officer | 5 | $0 |
Maria Barton Gen Counsel/chief Ethics/compl Off. | Officer | 5 | $0 |
Mark Fitzgerald Board Chair | Trustee | 5 | $0 |
Mike Dahl Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,762,491 |
All other contributions, gifts, grants, and similar amounts not included above | $9,181,303 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,943,794 |
Total Program Service Revenue | $235,067 |
Investment income | $2,664 |
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 | $11,207,181 |
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 | $3,003,050 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $409,864 |
Compensation of current officers, directors, key employees. | $126,817 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,511,944 |
Pension plan accruals and contributions | $87,550 |
Other employee benefits | $1,229,349 |
Payroll taxes | $88,977 |
Fees for services: Management | $0 |
Fees for services: Legal | $18,716 |
Fees for services: Accounting | $18,059 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $733,225 |
Advertising and promotion | $0 |
Office expenses | $156,522 |
Information technology | $189,116 |
Royalties | $0 |
Occupancy | $396,451 |
Travel | $179,227 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,138,137 |
Interest | $0 |
Payments to affiliates | $4,409,427 |
Depreciation, depletion, and amortization | $24,130 |
Insurance | $23,530 |
All other expenses | $109,846 |
Total functional expenses | $15,789,024 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $0 |
Over the last fiscal year, Pact Institute Inc has awarded $795,183 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Baltimore, MD PURPOSE: Grant for Strengthening Accountability and Quality Program | $439,048 |
ABT ASSOCIATES PURPOSE: Grant for Children's Health Project | $189,276 |
Baltimore, MD PURPOSE: Grant for Strengthening Accountability and Quality Program | $166,859 |
Over the last fiscal year, we have identified 2 grants that Pact Institute Inc has recieved totaling $500,150.
Awarding Organization | Amount |
---|---|
Rockefeller Foundation New York, NY PURPOSE: TOWARD THE COSTS OF ESTABLISHING A SMART POWER MYANMAR FACILITY TO ACCELERATE THE SPREAD OF DECENTRALIZED RENEWAL ENERGY SOLUTIONS IN MYANMAR | $500,000 |
David And Lucile Packard Foundation Los Altos, CA PURPOSE: ORGANIZATIONAL EFFECTIVENESS | $150 |
Organization Name | Assets | Revenue |
---|---|---|
Aga Khan Foundation Usa Washington, DC | $514,583,753 | $79,966,800 |
Internet Society Reston, VA | $66,935,347 | $44,092,152 |
Ashoka Arlington, VA | $82,475,010 | $42,522,077 |
New Israel Fund Washington, DC | $34,542,949 | $49,845,790 |
Handicap International Silver Spring, MD | $15,927,332 | $32,015,204 |
Rainforest Trust Warrenton, VA | $101,886,271 | $70,481,732 |
U S Dairy Export Council Inc Arlington, VA | $16,612,208 | $30,970,567 |
Inmed Partnerships For Children Inc Sterling, VA | $1,243,329 | $2,714,257 |
World Hope International Inc Alexandria, VA | $5,473,992 | $24,293,727 |
Women For Women International Washington, DC | $28,007,663 | $29,844,368 |
Immap Inc Washington, DC | $3,569,073 | $22,018,059 |
Vital Voices Global Partnership Inc Washington, DC | $57,069,556 | $31,398,531 |