NonprofitsIndaba Education Fund Inc

Public Foundations

Indaba Education Fund Inc

NEW YORK, NY

Total revenue

$566K

Total expenses

$381K

Net assets

$326K

Grants received

$644K

9 grants

EIN

471713004

Tax year

2018

Mission

Indaba Education Fund, Inc. ("IEF") concentrates its efforts on the early childhood educational needs in the Winelands region of South Africa.

Financials

FY 2018

Revenue

Contributions & grants$566K
Program service revenue
Investment income$75
Other revenue
Total revenue$566K

Expenses

Grants paid$279K
Salaries & benefits
Fundraising$90K
Other expenses$26K
Total expenses$381K
Total assets$348K
Net assets$326K

People

4 listed

NameRoleCompensation

FABIO FICANO

Director

Board

2 hrs/wk

ANDRE SHEARER

President

Board

2 hrs/wk

NICO REDELINGUYS

Director

Board

2 hrs/wk

JESS SCHULSCHENK

SEC & TREAS

Board

2 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$8K
IN SUPPORT OF THE TIRELESS AND SELFLESS WORK DONE BY FABIO FICANO. FROM THE SEBASTIANIS
2024
$450K
The purpose of the grant is to transform the Early Childhood Development ("ECD") landscape in South Africa by training teachers to an internationally accredited AMI Diploma standard whilst implementing and scaling a newly developed EsF Community Rooted Montessori Education curriculum ("CoRE") to offer training to thousands of marginalized South African ECD practitioners.
2022
GRANT TO A PRIVATE FOUNDATION NOT TREATED AS A QUALIFYING DISTRIBUTION UNDER IRC SECTION 4942 (G)(3) BY THE GRANTEE
2022
$350K
Special Projects COVID-19 Relief Efforts
2020
$41K
For grant recipient's exempt purposes
2019
$20K
For grant recipient's exempt purposes
2018
$25K
PUBLIC, SOCIETAL BENEFIT
2017

Funded by

$644K from 5 funders · 9 grants · 2017–2024

Wend II Inc

$350K · 3 grants · 2020–2022

Fidelity Investments Charitable Gift Fund

$61K · 2 grants · 2018–2019

National Philanthropic Trust

$25K · 1 grant · 2017

Petoskey-Harbor Springs Area

$8K · 1 grant · 2024

Details

EIN471713004
NTEE codeT30
Subsection03
Ruling date2015-03
Formed2014
Employees0
Volunteers1
INDABA EDUCATION FUND INC — Mission, Financials & Grants Received | Grantivo