NonprofitsCocoa360 Fund

Human Services

Cocoa360 Fund

CAMBRIDGE, MA

Total revenue

$376K

Total expenses

$442K

Net assets

$72K

Grants received

$1.6M

7 grants

EIN

474120941

Tax year

2024

Mission

To leverage existing community resources to fund improvements in education and healthcare and build a self-sustaining development model that puts the underprivilegedrural cocoa farmers in the drivers seat of development. Our pioneering model uses cocoa to transform community infrastructure and facilitate consistent access to education and healthcare. We hope to replicate this model to empower rural farming communities all over the world.

Financials

FY 2024

Revenue

Contributions & grants$376K
Program service revenue
Investment income
Other revenue
Total revenue$376K

Expenses

Grants paid$310K
Salaries & benefits$59K
Fundraising$126K
Other expenses$74K
Total expenses$442K
Total assets$72K
Net assets$72K

People

1 listed

NameRoleCompensation

Shadrack Frimpong

Chief Executive Officer

Board

0

Grants received

Showing 7 of 7

FromAmountPurposeYear
$350K
COMMUNITY & HUMAN SERVICES
2024
$300K
COMMUNITY & HUMAN SERVICES
2023
$325K
For grant recipient's exempt purposes
2020
$145K
For grant recipient's exempt purposes
2019
$25K
A NON-PROFIT COMMUNITY ALLIANCE IN GHANA THAT DECENTRALIZES AND FAST-TRACKS THE IMPACT OF COCOA FARMING IN RURAL GHANA. THIS PIONEERING "COCOA-CAMPUS MODEL, THEY RUN A TUITION-FREE SCHOOL AND A HOSPITAL WHOSE OPERATIONS ARE SELF SUSTINED WITH PROCEEDS FROM THE COMMUNITY RUN COCOA PLANTATION.
2019
$110K
For grant recipient's exempt purposes
2018

Funded by

$1.6M from 3 funders · 7 grants · 2018–2024

Gs Donor Advised Philanthropy Fund

$950K · 3 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$581K · 3 grants · 2018–2020

The Warburg Pincus Foundation

$25K · 1 grant · 2019

Details

EIN474120941
NTEE codeP20
Subsection03
Ruling date2016-02
Formed2015
Employees0
Volunteers0
COCOA360 FUND — Mission, Financials & Grants Received | Grantivo