NonprofitsThe Or Foundation Ltd

Education

The Or Foundation Ltd

CAMBRIDGE, MD

Total revenue

$8.4M

Total expenses

$5.0M

Net assets

$12.6M

Grants received

$3.5M

11 grants

EIN

271488092

Tax year

2024

Mission

The Or Foundation works at the intersection of education, environmental justice and fashion development to catalyze a justice-led circular textiles economy grounded in community ecological care.

Programs

2 programs

We organize citizen scientists to perform weekly beach monitoring reports, tracking textile tentacles across a seven kilometer swath of Accra's beaches. Building on these findings we conduct weekly water and air sampling analysis along with regular passive air pollution monitoring in order to track the flow of waste pollution across the coastal environment. Through our first-of-its-kind solar powered research vessel, we will soon expand this monitoring and mapping effort off of the coastline and into the Gulf of Guinea.

Expenses: $158K

We operate a paid apprenticeship program for young women leaving the dangerous job of head carrying secondhand clothing, which includes healthcare and education. We provide emergency relief for members of the secondhand clothing market in Ghana who encounter crisis. We install and maintain fire extinguishers across the market and operate long-range business transformation classes to bolster financial literacy skills. In addition we conduct weekly beach cleanups and perform material research and development to transform waste into new products and economic livelihoods.

Expenses: $3.0M

Financials

FY 2024

Revenue

Contributions & grants$8.0M
Program service revenue$29K
Investment income$305K
Other revenue$16K
Total revenue$8.4M

Expenses

Grants paid$3.1M
Salaries & benefits$361K
Fundraising$2K
Other expenses$1.6M
Total expenses$5.0M
Total assets$12.6M
Net assets$12.6M

People

6 listed

NameRoleCompensation

Elizabeth Rae Ricketts

FOUNDER/EXECUTIVE DIRECTOR

Board

$70K

65 hrs/wk

James Branson Skinner

FOUNDER/EXECUTIVE PRODUCER

Board

$70K

65 hrs/wk

Daniel Mawuli QuisT

TREASURER

Board

6 hrs/wk

YVETTE TETTEH

BOARD MEMBER

Board

6 hrs/wk

JAKE SARGENT

BOARD MEMBER

Board

1 hrs/wk

ESHE HAMME

EMPLOYEE

Staff

$120K

40 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$2.5M
GENERAL SUPPORT
2024
$325K
ADVANCING SUSTAINABLE MATERIALS
2024
$200K
GENERAL SUPPORT
2024
$67K
GRANT FOR THEIR PARTNERSHIP ON DESIGN FOR TRANSFORMATION PROJECT AND THEIR WORK LEADING THE ACCRA, GHANA PILOT PROJECT.
2024
$14K
GENERAL SUPPORT
2024
$177K
D4D PILOT 2
2023
$75K
ADVANCING SUSTAINABLE MATERIALS
2023
$50K
GENERAL SUPPORT
2023
$50K
GENERAL SUPPORT
2022
$9K
GENERAL SUPPORT
2022
$60K
GENERAL SUPPORT
2020

Funded by

$3.5M from 5 funders · 11 grants · 2020–2024

Impactassetsinc

$2.7M · 4 grants · 2020–2024

The Schmidt Family Foundation

$400K · 2 grants · 2023–2024

The Biomimicry Institute

$244K · 2 grants · 2023–2024

The Freeman Foundation

$200K · 1 grant · 2024

Paypal Charitable Giving Fund

$23K · 2 grants · 2022–2024

Details

EIN271488092
NTEE codeB82
Subsection03
Ruling date2011-02
Formed2009
Employees5
Volunteers0
THE OR FOUNDATION LTD — Mission, Financials & Grants Received | Grantivo