International, Foreign Affairs & National Security
Root Capital Inc
CAMBRIDGE, MA
Total revenue
$23.8M
Total expenses
$37.1M
Net assets
$55.6M
Grants received
$59.2M
122 grants
EIN
043478123
Tax year
2024
Mission
To grow rural prosperity and build the resilience of farming families around the world.
Programs
2 programs
Advise: root capital's advisory services program provides targeted training to current and prospective clients in topics such as financial management, governance, agronomic capacity, digital business intelligence, climate resilience, gender equity, and more. Root capital's financial advisory services are designed to prepare businesses with growth potential to qualify for credit, to shepherd more prospective clients into our portfolio, and to mitigate the risk of lending to these businesses.root capital's advisory services program provides financial training to clients prior to receiving a loan and during the life of the loan as needed.though financial management training is the core offering of the organization's advisory program, root capital also provides complementary non-financial advisory services to help businesses overcome different challenges and position them for greater impact.
Catalyze: root capital seeks to catalyze a thriving financial market to support historically underserved rural small and growing businesses. The program's strategy is to:1. Innovate - conduct r&d, study impact at the household and business levels, and look for ways to increase impact.2. Accelerate - share learning from work with like-minded peers to build common standards and practices necessary for the industry to thrive and scale.through industry associations root capital plays a leadership role in building the enabling environment for rural small and growing business finance.as a non-profit committed to alleviating rural poverty, root capital seeks to maximize the positive social and environmental impact of our work. Economic, community, and environmental sustainability are all part of our core values.economic sustainability - root capital clients link small-scale farmers to markets that can offer higher and more stable prices than they have historically received. Root capital clients also generate employment including managers, accountants, agricultural extension staff, drivers, and workers at processing plants.community sustainability - farmer associations encourage participatory decision-making and are a source of community ownership and pride, making traditional agricultural activities more viable. Social impact includes stabilizing incomes in rural communities and creating new economic opportunities for women, indigenous peoples and other marginalized groups.
Financials
FY 2024
Revenue
Expenses
People
29 listed
WILLIAM FOOTE
CEO & FOUNDER
$386K
40 hrs/wk
FRANCES REID
COO & PRESIDENT (THRU JULY 2024)
$348K
40 hrs/wk
BRYAN WOLINER
CFO & TREASURER
$264K
40 hrs/wk
ALICE BURKE
GENERAL COUNSEL
$226K
40 hrs/wk
MARLI PORTH
CHIEF OF STAFF/CLERK
$148K
40 hrs/wk
JEHIEL OLIVER
BOARD MEMBER
—
1 hrs/wk
JAMES RICHARDSON
BOARD MEMBER
—
1 hrs/wk
ANA ZACAPA
CHAIR
—
1 hrs/wk
EDUARDO BRICENO
BOARD MEMBER (SINCE SEPT 2024)
—
1 hrs/wk
DANA FRANCOIS
BOARD MEMBER (SINCE SEPT 2024)
—
1 hrs/wk
MARIA TERESA VILLANUEVA
BOARD MEMBER (SINCE MARCH 2024)
—
1 hrs/wk
MARY BARTON DOCK
BOARD MEMBER (THRU MAY 2024)
—
1 hrs/wk
LINDSAY BOLGER
BOARD MEMBER
—
1 hrs/wk
MARISSA WESELY
BOARD MEMBER
—
1 hrs/wk
MARIO FERNANDEZ
BOARD MEMBER
—
1 hrs/wk
SALAH GOSS
BOARD MEMBER
—
1 hrs/wk
SOPHIE ROMANA
BOARD MEMBER
—
1 hrs/wk
MACANI TOUNGARA
BOARD MEMBER
—
1 hrs/wk
SCOTT AMERO
BOARD MEMBER
—
1 hrs/wk
HANS MUZOORA
BOARD MEMBER
—
1 hrs/wk
FLEUR BOOS
BOARD MEMBER
—
1 hrs/wk
PHILIP BROWN
BOARD MEMBER
—
1 hrs/wk
SCOTT MCDONALD THRU DEC 2024
CHIEF EXTERNAL AFFAIRS OFFICER
$299K
40 hrs/wk
DARCY SALINGER
CHIEF CREDIT OFFICER (THRU DEC 2024)
$262K
40 hrs/wk
ALEXANDRA TUINSTRA
CHIEF STRATEGY OFFICER
$233K
40 hrs/wk
JEAN FORRESTER
CONTROLLER & VP INVESTOR RELATIONS
$230K
40 hrs/wk
SOLEDAD VILLARRUEL
CHIEF HUMAN RESOURCES OFFICER
$209K
40 hrs/wk
ROBBIE WITKOP
LENDING ANALYST
$183K
40 hrs/wk
MAUREEN MCGREGOR THRU DEC 2024
SR. DIR., MARKETING/COMMUNICATIONS
$174K
40 hrs/wk
Independent contractors
CBIZ ADVISORS LLC
ACCOUNTING SERVICES
SOFIA BENSOFIA GURGI
TRANSLATION SERVICES
Grants received
Showing 122 of 122
Funded by
$59.2M from 54 funders · 122 grants · 2017–2024
$25.0M · 5 grants · 2019–2023
$5.6M · 4 grants · 2020–2024
$5.0M · 2 grants · 2020–2022
$4.6M · 4 grants · 2020–2023
$4.1M · 8 grants · 2020–2024
$3.4M · 8 grants · 2017–2023
$2.5M · 3 grants · 2021–2023
$1.3M · 3 grants · 2021–2023