International Affairs
Accion International
WASHINGTON, DC
Total revenue
$23.8M
Total expenses
$33.1M
Net assets
$303.8M
Grants received
$31.4M
173 grants
EIN
132535763
Tax year
2024
Mission
Accion is a global nonprofit on a mission to create a fair and inclusive economy. We are a leading early-stage investor in fintech for inclusion and experts in the digital transformation of financial service providers, with decades of experience harnessing the capital markets to enable underserved people to improve their lives. We work to develop and scale cheaper, more accessible and customer-friendly financial solutions for underserved people globally
Programs
3 programs
See schedule oinvestment strategies: at accion, we know financial services are powerful tools to help reduce poverty and create opportunity. We find and help build innovative companies with the potential to reach large numbers of underserved people and accelerate their growth by investing capital and providing strategic governance and advice. We focus on social impact, driving systems-level change. We make equity and quasi-equity investments from pre-seed to growth-stage and prioritize investments in south and southeast asia, latin america, sub-saharan africa, and the united states. In 2024, accion continued to support its partners to digitize and scale operations so they can serve vulnerable clients in a rapidly digitizing world.
See schedule ocenter for financial inclusion: launched in 2008, the center for financial inclusion (cfi) is an independent global think tank housed at accion that uses rigorous research and advocacy to advance inclusive financial systems for low-income people around the world. It leverages partnerships to conduct research, test promising solutions, and then advocate for evidence-based change. Cfi conducts research related to its four strategic priorities: consumer protection, data risks and opportunities, women's financial inclusion, and financial services to mitigate and adapt to climate change. Cfi hosts financial inclusion week, an annual virtual event that in 2024 convened more than 3,000 policy experts, financial service providers, analysts, and industry leaders to discuss the most pressing topics in the inclusive finance sector. In 2024, cfi convened the responsible finance forum (rff) in fortaleza, brazil, bringing together global stakeholders to share ideas, research, and solutions on emerging consumer risks in inclusive finance.
Education and communication: accion's communications focus on the transformative power of financial inclusion to accelerate social and economic progress for underserved communities around the world. In 2024, accion showcased the importance of digital financial solutions for entrepreneurs and innovation through client-focused storytelling, along with papers, toolkits, and case studies promoting ways of better meeting the needs of the 1.6 billion people who are left out or poorly served by the global financial system.
Financials
FY 2024
Revenue
Expenses
People
32 listed
MICHAEL SCHLEIN
CEO
$718K
50 hrs/wk
ESTEBAN ALTSCHUL
COO (THRU 04/30/24)
$647K
50 hrs/wk
LIVINGSTON PARSONS III
CFO (THRU 09/30/24)
$561K
50 hrs/wk
KARTHIK VENKATARAMAN
COO (AS OF 05/01/24)
$327K
50 hrs/wk
MARIA HERMIDA
ASST. SEC & GENERAL COUNSEL
$324K
50 hrs/wk
ELLEN BAUER
ASSISTANT SECRETARY
$111K
50 hrs/wk
PAULO SILVA
CFO (AS OF 10/01/24)
$75K
50 hrs/wk
HENRY MILLER
DIRECTOR
—
1 hrs/wk
DIANA TAYLOR
CHAIR
—
6 hrs/wk
ERAJ SHIRVANI
DIRECTOR
—
1 hrs/wk
RON HOGE
VICE CHAIR
—
6 hrs/wk
BARBARA LUCAS
VICE CHAIR
—
6 hrs/wk
PHILLIP RIESE
TREASURER
—
6 hrs/wk
THOMAS C BARRY
SECRETARY
—
6 hrs/wk
JULIET ANAMMAH
DIRECTOR
—
1 hrs/wk
BEVERLY ANDERSON
DIRECTOR
—
1 hrs/wk
TS ANIL
DIRECTOR
—
1 hrs/wk
BOB ANNIBALE
DIRECTOR
—
1 hrs/wk
TITUS BRENNINKMEIJER
DIRECTOR
—
1 hrs/wk
GINA HARMAN
DIRECTOR (AS OF 02/26/24)
—
1 hrs/wk
BETH HURVITZ
DIRECTOR
—
1 hrs/wk
TARA KENNEY
DIRECTOR
—
1 hrs/wk
LINDA KIRKPATRICK
DIRECTOR
—
1 hrs/wk
ELIZABETH MCCAUL
DIRECTOR
—
1 hrs/wk
JOHN FISCHER
CIO
$422K
50 hrs/wk
VICTORIA WHITE
SENIOR VP
$333K
50 hrs/wk
BRANDIE CONFORTI
SENIOR VP
$311K
50 hrs/wk
MELISSA BAEZ
SENIOR VP
$293K
50 hrs/wk
CHRIS COXON
SENIOR VP
$281K
50 hrs/wk
NATASA GORONJA
SENIOR VP
$250K
50 hrs/wk
RAMON SOTO
VP
$221K
50 hrs/wk
AMEE PARBHOO
SENIOR VP
$27K
0Independent contractors
ACCCION IMPACT MANAGEMENT
PORTFOLIO MANAGEMENT
MULTICULTURAL INSIGHTS
CONSULTANCY SERVICES
GRANT THORNTON LLP
AUDIT SERVICES
DIALOG CONCEPTS INC
PROFESSIONAL SERVICES
BPM LLP
CONSULTANCY SERVICES
Grants received
Showing 173 of 173
Funded by
$31.4M from 67 funders · 173 grants · 2017–2024
$16.0M · 5 grants · 2020–2024
$4.1M · 7 grants · 2017–2024
$1.4M · 7 grants · 2017–2023
$1.2M · 3 grants · 2020–2024
$1.2M · 2 grants · 2023–2024
$1.0M · 2 grants · 2021
$1M · 1 grant · 2022
$800K · 4 grants · 2020–2024