NonprofitsNew Africa Fund Inc

New Africa Fund Inc

BOCA RATON, FL

Total revenue

$1.2M

Total expenses

$1.1M

Net assets

$1.4M

Grants received

$211K

3 grants

EIN

871432573

Tax year

2024

Mission

The New Africa Fund is a registered US charity committed to supporting civil society organizations and social enterprises in Africa. We work through local partners by providing financial and technical support to organizations with a clear mission and established results.

Programs

1 program

Women's scholarships and grants and expenses to enable them to attend school and achieve academic success.

Expenses: $92KGrants: $75K

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income$47K
Other revenue
Total revenue$1.2M

Expenses

Grants paid$839K
Salaries & benefits
Fundraising$352
Other expenses$227K
Total expenses$1.1M
Total assets$1.4M
Net assets$1.4M

People

5 listed

NameRoleCompensation

STEVEN BECK

President & CEO

Board

30 hrs/wk

EVAN WOLFSON

Director

Board

1 hrs/wk

ABDOU SALAM GUEYE

Director

Board

1 hrs/wk

MARIE BAPTISTE

Director

Board

1 hrs/wk

WINNIE TAY

Director

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$110K
ECONOMIC DEVELOPMENT
2024
$500
GENERAL SUPPORT
2024
$100K
UNRESTRICTED GRANT
2021

Funded by

$211K from 3 funders · 3 grants · 2021–2024

The Issroff Family Foundation

$110K · 1 grant · 2024

Beck Family Foundation

$100K · 1 grant · 2021

Growald Climate Fund Inc

$500 · 1 grant · 2024

Details

EIN871432573
Subsection03
Ruling date2021-03
Formed2021
Employees0
NEW AFRICA FUND INC — Mission, Financials & Grants Received | Grantivo