Private foundation (trust)EIN 541715875Est. 1994-08
WORLD COCOA FOUNDATION INC
WASHINGTON, DC 20036
Total Assets
$8.4M
FY 2023
Annual Giving
—
FY 2023
Grants Made
0
FY 2023
Avg Grant
—
FY 2023
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$2.5MWest africa: deforestation is a major issue in cote d'ivoire and ghana, which together produce nearly two-thirds of the world's cocoa supply. Cote d'ivoire and ghana, respectively, lost 25% and 8% of their primary forest between 2002-2019, with a significant portion of deforestation due to cocoa farming. At the november 2017 un climate change conference (cop23), the governments of cote d'ivoire and ghana and leading chocolate and cocoa companies signed the cocoa & forests initiative frameworks for action. The cocoa & forests initiative (cfi) is the first and largest public-private partnership spanning the cocoa sector. It includes 36 world cocoa foundation (wcf) member companies, which account for 85% of global cocoa use.(continued in statement #17)
Program 2
$964KSouth america: "cocoaaction brasil", a collaborative initiative launched by leading members of brazil's chocolate and cocoa sector in october 2018, is a testament to the industry's commitment to sustainability. This initiative aims to address a range of sustainability issues in the country's cocoa sector, including increasing productivity, improving the quality of brazil's cocoa, controlling pests and diseases, improving farmers' living and working conditions, strengthening farmers organizations, and supporting sustainable forest-positive cocoa production systems. The key to its success lies in its collaborative approach, which fosters shared learning and unified action across the supply chain. (continued in statement #18)
Financial Snapshot
2023 filing
Total Revenue
$6.7M
Total Expenses
$6.7M
Qualifying Distributions
$5.7M
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