Overview
What is True Costs Initiative Inc?
True Costs Initiative Inc, based in Brookline, Massachusetts, is a nonprofit organization with a mission to enhance corporate accountability and strengthen legal systems in the global south. They achieve this by fostering collaboration among communities, funders, and creative leaders, aiming to shift the balance so corporations are held accountable for and internalize the true environmental and human costs of their actions. TCI provides recommendations for funding to 64 NGOs, supports fellowship programs, and facilitates partnerships between funders, NGOs, and community experts. Their efforts have led to increased funding for partner organizations and expanded their donor base. The organization also publishes articles, engages in speaking events, and develops training and educational programs for other NGOs. Through mentorship and provision of legal and technical tools, TCI bolsters the capacity of vulnerable communities.
Official website here: www.truecostsinitiative.org
Is True Costs Initiative Inc legitimate?
True Costs Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. True Costs Initiative 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: $283,209
Professional Fundraising Fees: $0
Other Salaries and Wages: $306,080
For more financial information, click here
Official website here: www.truecostsinitiative.org
What is the mission statement of True Costs Initiative Inc?
The True Costs Initiative (TCI) aims to enhance corporate accountability and strengthen legal systems in the global south. They achieve this by fostering collaboration among communities, funders, and creative leaders. The ultimate goal is to shift the balance so corporations are held responsible for and internalize the true environmental and human costs of their actions. TCI provides recommendations for funding relevant Non-Governmental Organizations (NGOs) that promote corporate accountability and the rule of law. They facilitate partnerships between funders, grantee partners, and community experts to support the expansion of these partners' funding bases. Additionally, TCI evaluates the funding that NGOs leverage with TCI-recommended funding. The organization also supports science and law fellows through fellowship programs with host NGOs, publishes articles, and engages in speaking events with various stakeholders to promote their cause.
Official website here: www.truecostsinitiative.org
Who is the CEO of True Costs Initiative Inc?
Conniel Malek is the Executive Director of True Costs Initiative Inc.
Official website here: www.truecostsinitiative.org
What is the revenue of True Costs Initiative Inc?
True Costs Initiative Inc's revenue in 2022 was $936,012.
Official website here: www.truecostsinitiative.org
Who are the executives of True Costs Initiative Inc and what are their salaries?
- Conniel Malek (Executive Director)
- Hashim Bello (Director And Board Chair)
- Mihir Munshi (Director And Secretary)
- Shushanna Mignott (Board Member) [Trustee/Director]
Official website here: www.truecostsinitiative.org
Where can I find the form 990 for True Costs Initiative Inc?
The True Costs Initiative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.truecostsinitiative.org
Learn more at the official website: www.truecostsinitiative.org
Mission Statement of True Costs Initiative Inc
True Costs Initiative (TCI) is a nonprofit organization with a mission to enhance corporate accountability and strengthen legal systems in the global south. They achieve this by fostering collaboration among communities, funders, and creative leaders. The ultimate goal is to shift the balance, making corporations responsible for and internally aware of the true environmental and human costs of their actions. TCI works towards this objective by providing recommendations for funding to NGOs that promote corporate accountability and the rule of law. They also facilitate partnerships between funders, grantee partners, and community experts, supporting these partners in expanding their funding base. Additionally, TCI evaluates the funding that NGOs leverage with TCI-recommended funding, and supports science and law fellows in fellowship programs with host NGOs. The organization also publishes articles and engages in speaking events with funders, academics, community organizers, and students. TCI continues to collaborate with other NGOs to develop training and educational programs, increase the capacity of these NGOs through mentoring, and provide vulnerable communities with access to legal and technical tools and knowledge infrastructure.
Impact
This information is meant to be a general summary of True Costs Initiative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
True Costs Initiative Inc's impact can be seen through its efforts to increase corporate accountability and strengthen legal systems in the global South. The organization has played a significant role in driving collaboration among communities, funders, and creative leaders to ensure that corporations are held accountable for and internalize the true environmental and human costs of their actions.
Specifically, True Costs Initiative Inc has made a difference by providing recommendations for funding to 64 NGOs that advance corporate accountability and the rule of law. It has facilitated collaboration between grantee partners, funders, and community experts to expand the funders' base for these NGOs. The organization has evaluated funding leveraged by NGOs with its recommended funding and supported Science and Law fellows in fellowship programs with host NGOs.
Additionally, True Costs Initiative Inc has engaged in publishing articles and participating in speaking events with various stakeholders, including funders, academics, community organizers, and students. The organization's work has focused on developing training and educational programs, increasing the capacity of partner NGOs through mentoring, and providing vulnerable communities with access to legal and technical tools and knowledge infrastructure.
Overall, True Costs Initiative Inc's impact is evident in its commitment to promoting corporate accountability and supporting efforts to address the true costs of environmental and human actions in the global South.
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.
RELATED ACTIVITY SVCS
Revenue
$29,612
Organization Details
Founding Year
2016
Phone
(857) 293-1660
Principal Officer
Conniel Malek
Main Address
200-202 WASHINGTON STREET, BROOKLINE, MA, 02445
Website
www.truecostsinitiative.org
NTEE Category
Code: Q05 - International
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