NonprofitsAfrica College Fund

International, Foreign Affairs & National Security

Africa College Fund

FAIRFIELD, IA

Total revenue

$646K

Total expenses

$796K

Net assets

$102K

Grants received

$1.6M

23 grants

EIN

452028199

Tax year

2024

Mission

AFRICA COLLEGE FUND is dedicated to empowering disadvantaged youth with tools for success including education and entrepreneurship opportunities. This results in eradication of poverty through provision of quality, effective, consciousness-based University and vocational education.

Programs

2 programs

Payments to Maharishi International University, Fairfield, Iowa, USA, to fund the USA tuition fees for distance education UniversityDegree programs on behalf of African students based in South Africa, that are studying through Maharishi Education for Invincibility Trust (MEIT) in a '2+2' program. This means the historically disadvantaged youth involved do their first 2-years of study in South Africa, and their second two-years of study are via distance education with Maharishi University of Management, broadcast from the United States to South Africa. The program is working highly effectively, and as cited above 90% of graduates have gained employment in quality graduate level positions in companies in South Africa.

Expenses: $205K

Bank charges

0

Financials

FY 2024

Revenue

Contributions & grants$646K
Program service revenue
Investment income$147
Other revenue
Total revenue$646K

Expenses

Grants paid$795K
Salaries & benefits
Fundraising
Other expenses$541
Total expenses$796K
Total assets$102K
Net assets$102K

People

5 listed

NameRoleCompensation

Adam Paul Blecher

President and Founder

Board

10 hrs/wk

Heather Hartnett

Secretary

Board

1 hrs/wk

Anne Marie Blecher

Vice President

Board

3 hrs/wk

Keith Wegman

Treasurer

Board

1 hrs/wk

Rod Peter Falk

Administrator

Board

10 hrs/wk

Grants received

Showing 23 of 23

FromAmountPurposeYear
$263K
UNRESTRICTED FUNDS
2024
$250K
MAHARISHI INVINCIBILITY SCHOOL FOR GIRLS AND THE MAHARISHI ECO-CAMPUS SUPPORT
2024
$50K
GENERAL FUND
2024
$1K
CHARITABLE
2024
$175K
General support
2023
$50K
GENERAL FUND
2023
$30K
TO SUPPORT THE ORGANIZATIONS MISSION.
2023
$25K
SUPPORT FIVE INDIVIDUALS IN RECEIVING HIGH-QUALITY PRIVATE EDUCATION
2023
$1K
CHARITABLE
2023
$113K
GENERAL SUPPORT
2022
$50K
GENERAL FUND
2022
$25K
GENERAL OPERATING SUPPORT
2022
$18K
SUPPORT FIVE INDIVIDUALS IN RECEIVING HIGH-QUALITY PRIVATE EDUCATION
2022
$50K
GENERAL SUPPORT
2021
$13K
SUPPORT FIVE INDIVIDUALS IN RECEIVING HIGH-QUALITY PRIVATE EDUCATION
2021
$1K
CHARITABLE
2021
$350K
GENERAL OPERATING SUPPORT
2020
$30K
GENERAL FUND
2020
$1K
SUSTAINABLE BUSINESS SCHOOL FUND
2020
$6K
OPERATIONS
2018
$12K
OPERATING SUPPORT
2017

Funded by

$1.6M from 9 funders · 23 grants · 2017–2024

Skoll Fund

$350K · 1 grant · 2020

Schwartz Family Foundation

$306K · 4 grants · 2021–2024

The Rona And Jeffrey Abramson Foundation

$306K · 3 grants · 2022–2024

The Greenbaum Foundation

$180K · 4 grants · 2020–2024

Drs Kiran & Pallavi Patel 2017

$175K · 3 grants · 2017–2022

Follow Your Dream Foundation Inc

$175K · 1 grant · 2023

The Skoll Foundation

$25K · 1 grant · 2022

Details

EIN452028199
NTEE codeQ33
Subsection03
Ruling date2012-03
Formed2011
Employees0
Volunteers3
AFRICA COLLEGE FUND — Mission, Financials & Grants Received | Grantivo