NonprofitsAfrican Diaspora Network

International, Foreign Affairs & National Security

African Diaspora Network

SANTA CLARA, CA

Total revenue

$1.1M

Total expenses

$1.3M

Net assets

$756K

Grants received

$2.3M

28 grants

EIN

460632056

Tax year

2024

Mission

Accelerating Black Leadership and Entrepreneurship (ABLE) is an enterprise accelerator program designed to strengthen, energize, and support 15-20 small businesses and nonprofit organizations led by Black entrepreneurs in the United States.

Programs

4 programs

The Young African Leaders Initiative (YALI) at Arizona State University (ASU) focused on empowering young African leaders through leadership training, networking, and academic coursework. ADN was selected as an implementation partner to create communications tools and systems that connect program alumni to the diaspora community for mentorship.

Expenses: $276K

ADIS African Diaspora Investment symposium is an annual global convening that celebrates and champions the entrepreneurial and innovative spirit of Africans, Diasporians, and friends of Africa and inspires participants to be agents of change and active contributors to Africa's development.IIF Impact & Innovation Forums is a year round speaker series across Silicon Valley, Washington DC NYC, and virtually with thought-provoking conversations around strategic and consistent diaspora engagement in Africa's future.

Expenses: $222KGrants: $11K

BAF Builders of Africas future is a session that celebrates innovation and impact in early-stage African enterprise. BAF serves to showcase and award entrepreneurs who are running early-stage for-profit and non-for-profits that are addressing Africa's unique needs.

Expenses: $153K

The African Scientific Community Engagement (ASCE) Program is a partnership with the Gates Foundation to engage African scientists in the diaspora & their peers on the continent with the objective of creating opportunities for connections and partnerships and promote scientific collaborations.

Expenses: $5K

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income$323
Other revenue
Total revenue$1.1M

Expenses

Grants paid$171K
Salaries & benefits$503K
Fundraising$67K
Other expenses$638K
Total expenses$1.3M
Total assets$1.4M
Net assets$756K

People

12 listed

NameRoleCompensation

Almaz Negash

CEO

Board

$150K

40 hrs/wk

Twum Djin

Board Chair

Board

3 hrs/wk

Innocent Shumba

Treasurer

Board

3 hrs/wk

Josh Ghaim

Director

Board

10 hrs/wk

Raj Aji

Director

Board

3 hrs/wk

Ndeye Makalou

Director

Board

3 hrs/wk

Agnieska Winkler

Director

Board

3 hrs/wk

Dr Josephine Fubara

Director

Board

3 hrs/wk

Rick Levenson

Director

Board

3 hrs/wk

Kedest Tesfagiorgis

Director

Board

3 hrs/wk

Manoj Jain

Director

Board

3 hrs/wk

Daniel Hartz

CFO & Secretary

Board

5 hrs/wk

Grants received

Showing 28 of 28

FromAmountPurposeYear
$313K
DISCOVERY AND TRANSLATIONAL SCIENCES
2024
$250K
PUBLIC AWARENESS AND ANALYSIS
2024
$20K
UNRESTRICTED
2024
$250K
TO SELECT 3-5 CONGREGATIONS OF WOMEN RELIGIOUS IN THE BUILDERS OF AFRICA FUTURE AWARDS, RAISING THE VISIBILITY OF THEIR SOCIAL ENTERPRISES AND ENSURING THE SUSTAINABILITY OF THEIR CONGREGATIONS AND THE COMMUNITIES THEY SERVE
2023
$250K
PUBLIC AWARENESS AND ANALYSIS
2023
$180K
INTERNATIONAL, FOREIGN AFFAIRS
2023
$50K
SUPPORT FOR ACCELERATING BLACK LEADERSHIP AND ENTREPRENEURSHIP (ABLE) PROGRAM
2023
$25K
FOR GENERAL OPERATING SUPPORT
2023
$15K
General Operating Support
2023
$10K
FOSTERING SOCIAL CHANGE PHILANTHROPY
2023
$1K
GENERAL SUPPORT
2023
$250K
PUBLIC AWARENESS AND ANALYSIS
2022
$180K
INTERNATIONAL, FOREIGN AFFAIRS
2022
$125K
TO AMPLIFY THE VISIBILITY OF CATHOLIC SISTERS TO BE RECOGNIZED AS GLOBAL INNOVATORS AND LEADERS AND, BUILD COMMUNITIES OF PRACTICE BETWEEN SISTERS AND ENTREPRENEURIAL LEADERS AND INVESTORS
2022
$20K
UNRESTRICTED
2022
$15K
For grant recipient's exempt purposes
2022
$15K
FOSTERING SOCIAL CHANGE PHILANTHROPY
2022
$5K
PUBLIC AWARENESS AND ANALYSIS
2022
$50K
ABLE PROGRAM
2021
$60K
International Development
2020
$50K
INTERNATIONAL, FOREIGN AFFAIRS
2020
$10K
SUPPORT FOR ADN'S 10 YEAR ANNIVERSARY CELEBRATION.
2020

Funded by

$2.3M from 12 funders · 28 grants · 2019–2024

Gates Foundation

$1.1M · 5 grants · 2022–2024

Donor Advised Charitable Giving Inc

$410K · 3 grants · 2020–2023

Conrad N Hilton Foundation

$400K · 3 grants · 2022–2023

American Online Giving Foundation Inc

$136K · 5 grants · 2019–2024

Kla Foundation

$100K · 2 grants · 2021–2023

Makahakama Foundation

$40K · 2 grants · 2022–2024

Global Fund For Women Inc

$35K · 3 grants · 2020–2023

Details

EIN460632056
NTEE codeQ33
Subsection03
Ruling date2014-03
Formed2011
Employees8
Volunteers10
AFRICAN DIASPORA NETWORK — Mission, Financials & Grants Received | Grantivo