NonprofitsTrue Costs Initiative Inc

International, Foreign Affairs & National Security

True Costs Initiative Inc

BROOKLINE, MA

Total revenue

$1.2M

Total expenses

$1.1M

Net assets

$292K

Grants received

$4.1M

10 grants

EIN

813796649

Tax year

2024

Mission

True costs initiative (tci) seeks to increase corporate accountability and to strengthen legal systems in the global south by driving collaboration among communities, funders, and creative leaders in an effort to tip the balance so corporations are held accountable for and internalize the true environmental and human costs of their actions.

Financials

FY 2024

Revenue

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

Expenses

Grants paid$1K
Salaries & benefits$929K
Fundraising$2K
Other expenses$199K
Total expenses$1.1M
Total assets$310K
Net assets$292K

People

6 listed

NameRoleCompensation

CONNIEL MALEK

EXECUTIVE DIRECTOR

Board

$286K

50 hrs/wk

HASHIM BELLO

BOARD CHAIR/DIRECTOR

Board

0.5 hrs/wk

MIHIR MUNSHI

SECRETARY/DIRECTOR

Board

0.5 hrs/wk

SHUSHANNA MIGNOTT

DIRECTOR

Board

0.5 hrs/wk

PEGGY CHU

DIRECTOR OF OPERATIONS

Staff

$136K

40 hrs/wk

NITTAYA SAENBUT

PROGRAM DIRECTOR

Staff

$120K

40 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$25K
GENERAL SUPPORT
2024
$930K
Operating Support/Annual Fund
2023
$25K
For grant recipient's exempt purposes
2023
$15K
CHARITABLE
2023
$1.3M
Operating Support/Annual Fund
2022
$10K
CHARITABLE
2022
$525K
Operating Support/Annual Fund
2021
$450K
Operating Support/Annual Fund
2020
$440K
Operating Support/Annual Fund
2019
$430K
Operating Support
2017

Funded by

$4.1M from 4 funders · 10 grants · 2017–2024

Boston Foundation Inc

$4.0M · 6 grants · 2017–2023

Rockefeller Family Fund Inc

$25K · 1 grant · 2024

Opportunity Foundation

$25K · 2 grants · 2022–2023

Details

EIN813796649
NTEE codeQ05
Subsection03
Ruling date2017-03
Formed2016
Employees6
Volunteers3
TRUE COSTS INITIATIVE INC — Mission, Financials & Grants Received | Grantivo