Alphamundi Foundation
Alphamundi Foundation
Want to make a donation using Daffy?
Lower your income taxes with a charitable deduction this year when you donate to this non-profit via Daffy.
Do you work for Alphamundi Foundation? Learn more here.
By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.
About this organization
Mission
To catalyze and scale investment in social enterprises that seek to improve the lives of the poor.
About
TECHNICAL ASSISTANCE: THE FOUNDATION PROVIDES TARGETED PRE- AND POST-INVESTMENT TECHNICAL ASSISTANCE (TA) TO SOCIAL ENTERPRISES WITH A BUSINESS MODEL CENTRAL TO ONE OR MORE OF THE FOLLOWING SUSTAINABLE DEVELOPMENT GOALS (SDGS): (1) NO POVERTY, (4) QUALITY EDUCATION, (5) GENDER EQUALITY, (7) AFFORDABLE & CLEAN ENERGY, (8) DECENT WORK & ECONOMIC GROWTH AND (12) RESPONSIBLE CONSUMPTION & PRODUCTION. THE FOUNDATION SELECTS BOARD-APPROVED SOCIAL VENTURES AT CRITICAL STAGES OF DEVELOPMENT AND PREPARES THEM FOR COMMERCIAL INVESTMENT AND THEIR NEXT STAGE OF GROWTH. TO EMPOWER SOCIAL ENTREPRENEURS AND INCENTIVIZE LASTING SOLUTIONS, TA RECIPIENTS SHARE THE COSTS OF THE SERVICE. ALPHAMUNDI FOUNDATION WORKS WITH THIRD PARTY PROVIDERS AS NEEDED AND OFFERS TECHNICAL ASSISTANCE IN CAPACITY BUILDING AREAS SPANNING: - INTERNAL GOVERNANCE (E.G. BOARD STRUCTURE AND MANAGEMENT);- OPERATIONAL SUPPORT (E.G. NEW MARKET EXPANSION, SUPPLY CHAIN OPTIMIZATION, PROFITABILITY ANALYSIS AND MODELING); - GENDER-SMART INTEGRATION ACROSS THE BUSINESS (E.G. ENSURING FEMALE CLIENTS ARE CONSULTED IN PRODUCT OR SERVICE DESIGN); AND - FINANCIAL PLANNING AND ACCOUNTING (E.G. CASH FLOW MANAGEMENT AND FUNDRAISING). THE FOUNDATION'S CORE PROGRAMMATIC PRIORITY IN 2019 WAS THE EXECUTION OF THE POWERING AGRICULTURE INVESTMENT ALLIANCE GRANT FROM USAID. THE OBJECTIVE OF THIS PROGRAM IS TO CATALYZE PRIVATE SECTOR FINANCING FOR BUSINESSES PROVIDING CLEAN ENERGY SOLUTIONS THAT INCREASE AGRICULTURE PRODUCTIVITY AND/OR VALUE IN DEVELOPING COUNTRIES. TO DATE, THE FOUNDATION HAS EXECUTED OR LAUNCHED A TOTAL OF FOURTEEN PROJECTS, SPANNING SEVEN COUNTRIES IN LATIN AMERICA AND EAST AFRICA, THAT HAVE CATALYZED AN ESTIMATED USD 7 MILLION OF PRIVATE SECTOR INVESTMENT. SAMPLE PROJECT HIGHLIGHTS ARE INCLUDED BELOW:SUNCULTURE IS A KENYAN BASED FIRM THAT DESIGNS AND SELLS SOLAR POWERED IRRIGATION SYSTEMS THAT HELP SMALLHOLDER FARMERS IN AFRICA IMPROVE CROP YIELDS AND QUALITY. THE FOUNDATION PROVIDED A TECHNICAL ASSISTANCE GRANT TO SUPPORT REFINING SUNCULTURE'S PAY-AS-YOU-GROW MOBILE PAYMENT PLAN FOR THEIR FLAGSHIP PRODUCT, THE RAINMAKER. THIS SUPPORT HAS CONTRIBUTED TO THE IMPLEMENTATION OF A NEW CONSUMER CREDIT STRATEGY THAT HAS ALLOWED THE COMPANY TO RAPIDLY SCALE UP OPERATIONS. FOLLOWING THIS TECHNICAL ASSISTANCE, ALPHAMUNDI MANAGED FUNDS COMMITTED USD 2 MILLION INTO THE COMPANYSISTEMA.BIO IS A MEXICAN BASED COMPANY THAT MANUFACTURES, DISTRIBUTES, SELLS AND INSTALLS BIODIGESTERS THAT TRANSFORM LIVESTOCK WASTE INTO ORGANIC FERTILIZER. THE FOUNDATION SUPPORTED THE COMPANY WITH TARGETED TECHNICAL ASSISTANCE TO: (1) DEVELOP PRODUCT SUPPLIERS, DISTRIBUTION PARTNERS AND SERVICE PROVIDERS IN A NEW REGIONAL MARKET; AND (2) CONDUCT AN EVALUATION OF SALES AND LOAN REPAYMENT PERFORMANCE ALONG GENDER LINES. THIS SUPPORT HAS CONTRIBUTED TO BOTH: (1) THE STRENGTHENING OF THE FIRM'S SUPPLY CHAIN AND IMPROVEMENT OPERATIONAL EFFICIENCIES TO HELP MEET THE LARGE DEMAND FOR AGRICULTURAL ENERGY PRODUCTS IN THIS NEW MARKET; AND (2) INCREASE SALES AND IMPROVED LOAN REPAYMENT RATES ALONG GENDER LINES. THE FOUNDATION'S SUPPORT HAS ALSO CONTRIBUTED TO CATALYZING USD 1.5 MILLION OF PRIVATE SECTOR INVESTMENT. COCONUT HOLDINGS LIMITED IS A KENYAN BASED FIRM THAT PROCESSES RETAIL COCONUT-BASED FOOD PRODUCTS (E.G. OIL, CREAM AND MILK) SOURCED FROM SMALLHOLDER FARMERS FOR LOCAL AND EXPORT MARKETS. THE FOUNDATION SUPPORTED A FEASIBILITY STUDY TO EVALUATE THE VIABILITY OF TRANSFORMING COCONUT SHELLS TO BRIQUETTES AS A RENEWABLE ENERGY SOURCE IN THE COMPANY'S COCONUT DE-SHELLING PROCESS. AS A RESULT OF THE FOUNDATION'S SUPPORT, COCONUT HOLDINGS IS PURSUING A BIOMASS BRIQUETTING PILOT TO SUPPORT THE FIRM'S COCONUT DRYING PROCESSES. THIS SUPPORT CONTRIBUTED TO USD 500 THOUSAND PRIVATE SECTOR INVESTMENT CATALYZED.AT THE CLOSE OF CALENDAR YEAR 2019, THE FOUNDATION SECURED TWO NEW FUNDING STREAMS TO ENHANCE AND EXPAND OUR GENDER LENS INVESTING EFFORTS. WE EXPECT TO REPORT THE MAJOR ACTIVITIES AND ACCOMPLISHMENTS ON THIS SECOND MAJOR PROGRAM IN 2020.
Interesting data from their 2020 990 filing
The non-profit's mission, as described in the filing, is “Alphamundi foundation, inc. (the foundation) is a washington, dc based non-profit with a mission to catalyze and scale investment in social enterprises that seek to improve the lives of the poor. the foundation pursues this mission vis-a-vis three primary activities: technical assistance, impact measurement, and field building.”.
When describing its duties, they were characterized as: “To catalyze and scale investment in social enterprises that seek to improve the lives of the poor.”.
- The non-profit has complied with legal regulations by reporting their state of operation as DC.
- The filing shows that the non-profit's address as of 2020 is 641 S ST NW 3RD FLOOR, WASHINGTON, DC, 20001.
- As of 2020, the non-profit has reported a total of 3 employees on their form.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $213,599.
- The organization has 4 independent voting members.
- The organization was formed in 2016.
- The organization pays $252,942 in salary, compensation, and benefits to its employees.
- The organization pays $18,978 in fundraising expenses.