Global Distribution Fund (D-Prize)
Global Distribution Fund (D-Prize)
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About this organization
Mission
D-Prize is dedicated to increasing access to poverty solutions in the developing world. We help support new organizations and individuals that are distributing proven solutions to billions of people in need.
About
D-Prize is a grant-funded nonprofit targeting extreme poverty. We seed social impact organizations that otherwise wouldn’t exist. Most founders in low-and-middle income countries don’t have access to startup capital, and we provide philanthropic seed support so their ventures, NGOs, & charities can launch. We care about evidence-based impact. The world already has cost-effective products & services targeting poverty, and we specifically seed organizations to distribute these at scale where there is still need. Our vision is to see existing high-impact poverty interventions made universally accessible.
Interesting data from their 2019 990 filing
The filing clearly states the mission of the non-profit as “D-prize is dedicated to increasing access to poverty solutions in the developing world. we help support new organizations and individuals that are distributing proven solutions to billions of people in need.”.
When outlining its functions, they were explained as: “D-prize is dedicated to increasing access to poverty solutions in the developing world. we help support new organizations and individuals that are distributing proven solutions to billions of people in need.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as CA.
- The filing records the non-profit's address for 2019 as 344 20th Street, Oakland, CA, 94612.
- As of 2019, the non-profit's form reports a total of 2 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Has foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $109,768.
- The compensation of the CEO of the organization is not based on an independent review and approval process.
- The organization has 4 independent voting members.
- The organization was formed in 2013.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $182,149 in salary, compensation, and benefits to its employees.
- The organization pays $8,901 in fundraising expenses.
- The organization has minutes of its meetings.
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