International, Foreign Affairs & National Security
Grassroots Business Partners Inc
WASHINGTON, DC
Total revenue
$7.7M
Total expenses
$9.9M
Net assets
—
Grants received
$43.2M
7 grants
EIN
262108051
Tax year
2023
Mission
Our mission is to grow viable, sustainable and inclusive businesses that generate earnings or cost savings for people in africa, asia and latin america.
Programs
1 program
Grassroots business fund (gbf) works with high-impact businesses (hibs) that are typically small or mid-sized by international standards, but economically engage large numbers of the poor. Gbp manages an investment fund, grassroots business investors fund i, lp (gbi-i).as of september 30th, 2023, gbi-i deployed its investment funds into 33 high impact businesses. As of december 2023, there are 3 active companies in the portfolio and 30 successful exits. To date, gbi-i has collected $35.8m of payments net of taxes. The average size of investment was $655k. Since inception, gbi-i's investees are estimated to have generated $600 million of economic value to 20 million low-income communities worldwide.
Financials
FY 2023
Revenue
Expenses
People
8 listed
LILIAN MRAMBA
CHIEF INVESTMENT OFFICER/COO
$170K
40 hrs/wk
HAROLD ROSEN
CHIEF EXECUTIVE OFFICER
$114K
40 hrs/wk
ANDREW ADELSON
DIRECTOR
—
1 hrs/wk
HOLLY WISE
DIRECTOR
—
1 hrs/wk
ZOE DEAN-SMITH
DIRECTOR
—
1 hrs/wk
GUILLERMO FERREYROS
DIRECTOR
—
1 hrs/wk
JAIME RAMIREZ
DIRECTOR
—
1 hrs/wk
MARY HOUGHTON
CHAIRMAN OF THE BOARD
—
1 hrs/wk
Independent contractors
FOURTH GENERATION CAPITAL LTD
PROGRAM COSTS AND EXPENSES, DELIVERY FEE
POWERED BY PEOPLE
PROGRAM COSTS AND EXPENSES, DELIVERY FEE
KENYA NATIONAL CHAMBER OF COMMERCE & IND
PROGRAM COSTS AND EXPENSES
DT GLOBAL INTERNATIONAL DEVELOPMENT
PROGRAM COSTS AND EXPENSES, DELIVERY FEE
GROOTS KENYA ASSOCIATION
PROGRAM COSTS AND EXPENSES
Grants received
Showing 7 of 7
Funded by
$43.2M from 3 funders · 7 grants · 2018–2023
$42.7M · 4 grants · 2020–2023
$250K · 1 grant · 2023
$200K · 2 grants · 2018–2020