Overview
What is Grassroots Business Partners Inc?
Grassroots Business Partners Inc, operating as Grassroots Business Fund, is a nonprofit organization based in Washington D.C. Their primary mission is to foster the growth of sustainable and inclusive businesses that generate earnings or cost savings for individuals in Africa, Asia, and Latin America. As part of their commitment to impact investing, they collaborate closely with partner organizations, pioneer new initiatives, and share their learnings with a broad audience. This active participation in various working groups, such as impact assessment and the development of impact funds, contributes to their role in expanding the field. With a total of four employees, they continue to disseminate information on the successes and lessons learned in this area.
Official website here: www.gbfund.org
Is Grassroots Business Partners Inc legitimate?
Grassroots Business Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grassroots Business Partners Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $483,936
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,417
For more financial information, click here
Official website here: www.gbfund.org
What is the mission statement of Grassroots Business Partners Inc?
Grassroots Business Partners Inc, operating as Grassroots Business Fund, is committed to fostering an inclusive world where economic opportunities are accessible to everyone. Their mission is to cultivate viable businesses that generate sustainable earnings or cost savings for individuals with low income residing in Africa, Asia, and Latin America. The organization actively contributes to the impact investing field by collaborating with partner organizations, pioneering new initiatives, and sharing lessons learned with a broad audience. As a part of their partnership building efforts, Grassroots Business Fund is a member of various working groups focused on impact assessment, the development of impact funds, and careers in impact investing. To advance the field of impact investing, Grassroots Business Fund emphasizes the dissemination of information on the successes and lessons learned related to their initiatives.
Official website here: www.gbfund.org
Who is the CEO of Grassroots Business Partners Inc?
Harold Rosen is the Chief Information Officer of Grassroots Business Partners Inc. The CEO's salary of Grassroots Business Partners Inc is $99,128 and their total compensation is $104,772.
Official website here: www.gbfund.org
What is the revenue of Grassroots Business Partners Inc?
Grassroots Business Partners Inc's revenue in 2022 was $1,150,242.
Official website here: www.gbfund.org
Who are the executives of Grassroots Business Partners Inc and what are their salaries?
The average compensation at Grassroots Business Partners Inc during 2022 was $168,338. There are 4 employees and 5 volunteers at Grassroots Business Partners Inc.
Here are 8 key members and their salaries (Grassroots Business Partners Inc's CEO's salary is $99,128 and their total compensation is $104,772):
- Lilian Mramba (Regional Director)
- Jaime Ramirez (Chief Information Officer) [Trustee/Director]
- Harold Rosen (Ceo) [Trustee/Director]
- Mary Houghton (Chairman Of The Board) [Trustee/Director]
- Andrew Adelson (Director)
- Holly Wise (Director)
- Zoe Dean-Smith (Director)
- Guillermo Ferreyros (Director)
Official website here: www.gbfund.org
Where can I find the form 990 for Grassroots Business Partners Inc?
The Grassroots Business Partners Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.gbfund.org
Learn more at the official website: www.gbfund.org
Mission Statement of Grassroots Business Partners Inc
Grassroots Business Partners Inc, operating under the name Grassroots Business Fund, is committed to creating a world where economic opportunity is accessible to all, particularly individuals with low income residing in Africa, Asia, and Latin America. The organization's mission is to foster the growth of sustainable and viable businesses in these regions. By doing so, Grassroots Business Partners Inc aims to generate earnings or savings for these communities, contributing to their overall economic development.
Grassroots Business Fund is actively involved in shaping the impact investing field by collaborating with partner organizations, pioneering new initiatives, and disseminating lessons learned to a wider audience. As a member of various working groups focusing on impact assessment, the development of impact funds, and careers in impact investing, Grassroots Business Partners Inc plays a significant role in building this sector. As the organization grows, its continued focus on disseminating information about the successes and lessons learned in impact investing becomes increasingly crucial for the advancement of the field.
Impact
This information is meant to be a general summary of Grassroots Business Partners Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Grassroots Business Partners Inc, operating as Grassroots Business Fund, is making a significant impact in creating economic opportunities for people with low incomes in Africa, Asia, and Latin America. By focusing on growing viable and sustainable businesses that generate earnings or cost savings for individuals in these regions, Grassroots Business Fund is directly contributing to poverty alleviation and economic empowerment.
Through their active involvement in building the field around impact investing, Grassroots Business Fund is pioneering new initiatives, working closely with partner organizations, and sharing valuable lessons learned with a broad audience. By being part of various working groups related to impact assessment, development of impact funds, and careers in impact investing, Grassroots Business Fund is at the forefront of driving positive change and fostering inclusive economic growth.
As Grassroots Business Fund continues to expand, their commitment to external dissemination of information regarding the successes and lessons learned in impact investing will be crucial for advancing the field and ensuring that economic opportunities reach everyone. By targeting key regions and populations, Grassroots Business Fund is creating a lasting impact on individuals and communities by fostering sustainable businesses and empowering people to improve their quality of life.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INVESTMENT MANAGEMENT
Revenue
$421,025
MANAGEMENT FEES
Revenue
$203,832
CONSULTING SERVICES
Revenue
$137,449
Organization Details
Founding Year
2007
Phone
(202) 518-6865
Principal Officer
Harold Rosen
Main Address
1333 NEW HAMPSHIRE AVENUE NW 03-12, WASHINGTON, DC, 20036
Website
www.gbfund.org
NTEE Category
Code: Q32 - International
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