Alphamundi Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
ALPHAMUNDI FOUNDATION, INC. (THE FOUNDATION) IS A WASHINGTON, DC BASED NON-PROFIT WITH A MISSION TO STRENGTHEN THE LONG-TERM COMMERCIAL VIABILITY OF SMES IN AFRICA AND LATIN AMERICA TO DRIVE ECONOMIC TRANSFORMATION. THIS LEADS TO MORE JOBS AND INCOME GENERATION BENEFITING MORE PEOPLE AND IN TURN, INCREASED PURCHASING POWER AND IMPROVED QUALITIES OF LIFE.
- Income
- $413,872
- Spending
- $577,179
- Spent on programs
- 67%
- Reserves
- -0.3 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 6
- Highest pay
- $155,470, executive director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 20 out of 100. Higher than 1% of charities in its peer group (international, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 111% of what it owns.
Living within its means
0 of 15Spending exceeded income by 39% of income.
Income trend
5 of 15Income fell 23% on the year before.
Spending floor
15 of 1567% of spending went to programs and raising each dollar of donations cost 19 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 78% of charities in its peer group (international, $250k to $1m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $199,817 spent. DARAJA IMPACT - DARAJA IMPACT IS AN INNOVATIVE PROGRAM DESIGNED TO SUPPORT HIGH-IMPACT SMES IN TANZANIA BY PROVIDING CATALYTIC IMPACT-LINKED FUNDING AND TECHNICAL ASSISTANCE TO GROW THEIR BUSINESS AND SCALE THEIR IMPACT OUTCOMES TO IMPROVE ECONOMIC EMPOWERMENT FOR WOMEN AND/OR YOUTH. THE PROGRAM IS IMPLEMENTED BY SEAF AND ALPHAMUNDI FOUNDATION AND FUNDED BY THE SWISS AGENCY FOR DEVELOPMENT AND COOPERATION THROUGH THE EMBASSY OF SWITZERLAND IN TANZANIA. FUNDING INCLUDES IMPACT-LINKED GRANTS TO LOANS BETWEEN USD 50,000 AND USD 250,000. IN ADDITION TO CAPITAL, SELECTED ENTERPRISES WILL ALSO RECEIVE TECHNICAL ASSISTANCE SUPPORT FROM DARAJA IMPACT AND MEMBERSHIP IN SEAFS CENTER FOR ENTREPRENEURSHIP AND EXECUTIVE DEVELOPMENT (CEED). IN 2025, KEY MILESTONES INCLUDED ONBOARDING FLAMINGOO FOODS AS A SIINC RECIPIENT AND ADVANCING MAZAOHUB AND TRIANON THROUGH THE INVESTMENT PIPELINE, WITH MAZAOHUB PENDING FINAL APPROVAL IN EARLY 2026. PORTFOLIO COMPANIES STRENGTHENED THEIR IMPACT MANAGEMENT SYSTEMS, WITH OVER 1,000 FARMERS TRAINED, EXPANDED SUPPLIER NETWORKS, AND INCREASED EMPLOYMENT OPPORTUNITIES, PARTICULARLY FOR WOMEN. DARAJA ALSO CATALYZED SIGNIFICANT CAPITAL MOBILIZATION, SUPPORTING PORTFOLIO COMPANIES TO SECURE OVER USD 1.1 MILLION IN DEBT AND EQUITY FINANCING, INCLUDING USD 325,000 EQUITY AND USD 350,000 DEBT FOR GOLDENPOT, USD 200,000 + USD 40,000 DEBT FOR FLAMINGOO FOODS, AND USD 75,000 SECURED WITH AN ADDITIONAL USD 118,000 AND WORKING CAPITAL FACILITY IN PROGRESS FOR KAZI YETU. THESE EFFORTS CONTRIBUTED TO STRENGTHENED VALUE CHAINS, IMPROVED ENTERPRISE RESILIENCE, AND ENHANCED INCOME-GENERATING OPPORTUNITIES ACROSS THE PORTFOLIO.
- $92,262 spent. THE AMF UNRESTRICTED FUND IS AN INSTITUTIONAL POOL THAT MAINLY DRAWS FUNDING FROM THE INDIRECT SUPPORT ALLOCATION IN AMF'S DONOR FUNDED PROJECTS AND ANY OTHER UNRESTRICTED SOURCE OF FUNDING. THE FUND SUPPORTS AMF OPERATIONAL COSTS THAT ARE NOT DIRECTLY BUDGETED AND CHARGED TO SPECIFIC DONOR PROJECTS. THE COSTS INCLUDE: STAFF COSTS AND INSTITUTIONAL EXPERT FEES, ADMINISTRATIVE COSTS (SOFTWARE SUBSCRIPTION PAYMENTS, RENT & UTILITIES, BANK FEES, OFFICE SUPPLIES) AND ANNUAL ACCOUNTING FEES.
- $66,210 spent. THE SAFI ORGANICS-ALPHAMUNDI FOUNDATION PARTNERSHIP, LAUNCHED IN MAY 2025 UNDER P4G, AIMS TO STRENGTHEN SAFI ORGANICS' BUSINESS MODEL, ENHANCE INVESTOR READINESS, AND SCALE A DECENTRALIZED, CLIMATE-SMART FERTILIZER SOLUTION TO IMPROVE SOIL HEALTH AND FARMER LIVELIHOODS IN KENYA. DURING THE SECOND HALF OF 2025, THE PARTNERSHIP MADE STRONG PROGRESS ACROSS MARKET EXPANSION, PRODUCT DEVELOPMENT, AND FARMER ENGAGEMENT. SAFI ORGANICS COMPLETED PHASE I OF ITS FEASIBILITY ASSESSMENT AND ADVANCED FIELD TRIALS DEMONSTRATING IMPROVED CROP PERFORMANCE, WHILE EXPANDING DISTRIBUTION THROUGH 10 NEW RESELLER AGREEMENTS AND SELLING 800 METRIC TONS OF BIOCHAR FERTILIZER. FARMER OUTREACH AND MARKET ACTIVATION ACCELERATED, WITH 526 SMALLHOLDER FARMERS TRAINED, OVER 11 COMMERCIAL LEADS GENERATED, AND INCREASED VISIBILITY THROUGH NATIONAL EVENTS AND DEMONSTRATION PLOTS, STRENGTHENING ADOPTION PATHWAYS AND DEMAND GENERATION.ON THE TECHNICAL FRONT, THE PARTNERSHIP ASSESSED 9 ALTERNATIVE BIOMASS FEEDSTOCKS, IDENTIFIED 3 PRIORITY INPUTS, AND COMPLETED A LIFE CYCLE ASSESSMENT VALIDATING CARBON REMOVAL POTENTIAL, WHILE ADVANCING CARBON CREDIT READINESS WITH AUDIT PREPARATION AND MRV SYSTEM DEVELOPMENT. IN PARALLEL, SAFI ORGANICS STRENGTHENED ITS INVESTMENT READINESS AND CAPITAL POSITION, SECURING USD 450,000 IN FINANCING, ADVANCING ESG SYSTEMS, AND PROGRESSING INVESTOR ENGAGEMENT AND CARBON MARKET PARTNERSHIPS, POSITIONING THE BUSINESS FOR SCALABLE GROWTH, CLIMATE FINANCE ACCESS, AND BROADER MARKET TRANSFORMATION.
- $26,495 spent. GREEN GROWTH ALLIANCE PROGRAM - THE GREEN GROWTH ALLIANCE (GGA), LAUNCHED IN MAY 2025, IS A CROSS-BORDER INITIATIVE DESIGNED TO ADDRESS THE INTERSECTING CHALLENGES OF CLIMATE CHANGE AND GENDER INEQUALITY. THE PROGRAM HAS A DUAL OBJECTIVE: TO STRENGTHEN THE GROWTH AND RESILIENCE OF CLIMATE-FOCUSED SMALL AND MEDIUM ENTERPRISES (SMES) IN KENYA WITH A STRONG GENDER LENS, WHILE ALSO FOSTERING MEANINGFUL COLLABORATION AND KNOWLEDGE EXCHANGE BETWEEN THE UNITED STATES AND JAPAN IN ADVANCING SUSTAINABLE DEVELOPMENT IN AFRICA. FOLLOWING A CALL FOR APPLICATIONS, THE PROGRAM SELECTED 11 KENYAN SMES AND ONBOARDED 16 INTERNATIONAL MENTORS FROM THE U.S. AND JAPAN.THROUGH A STRUCTURED MENTOR-MENTEE PAIRING MODEL AND COLLABORATIVE MENTOR PODS, PARTICIPATING SMES RECEIVED TARGETED ADVISORY SUPPORT THAT TRANSLATED INTO CLEARER GROWTH STRATEGIES, IMPROVED OPERATIONAL DECISION-MAKING, AND STRONGER INTEGRATION OF CLIMATE AND GENDER CONSIDERATIONS WITHIN THEIR BUSINESS MODELS. THE PROGRAM'S CURRICULUM-DRIVEN APPROACH ENABLED ENTERPRISES TO REFINE IMPACT METRICS, STRENGTHEN INTERNAL SYSTEMS, AND ENHANCE THEIR READINESS FOR INVESTMENT AND STRATEGIC PARTNERSHIPS.THE PROGRAM'S CONVENINGS AND ENGAGEMENT SESSIONS FOSTERED A STRONG COMMUNITY OF PRACTICE, RESULTING IN INCREASED PEER COLLABORATION, CROSS-BORDER KNOWLEDGE EXCHANGE, AND SUSTAINED PROFESSIONAL NETWORKS BETWEEN KENYAN ENTREPRENEURS AND INTERNATIONAL MENTORS. SMES REPORTED IMPROVED CONFIDENCE IN NAVIGATING GROWTH CHALLENGES, WHILE MENTORS CONTRIBUTED TO CONTEXT-RELEVANT SOLUTIONS INFORMED BY GLOBAL EXPERTISE.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.