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Mona Foundation

EIN 91-1968512 · Bellevue, WA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood70 out of 100GovernanceGood80 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Mona Foundation supports grassroots initiatives around the world that educate children, empower women and girls, and emphasize ethics and service to develop next generation change agents who uplift themselves, their families, and their communities.

Income
$1.9 million
Spending
$2.5 million
Spent on programs
82%
Reserves
12.9 months of spending
Largest source of income
donations and private grants, 96%
Employees
5
Volunteers
32
Highest pay
$133,603, managing 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

Good: 70 out of 100. Higher than 30% of charities in its peer group (philanthropy, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 12.9 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 32% of income.

  • Income trend

    0 of 15

    Income fell 34% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 8 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

Good: 80 out of 100. Higher than 33% of charities in its peer group (philanthropy, $1m to $10m).

  • Independent board

    5 of 25

    0 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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 (5)
  1. $318,096 spent. Digital Study Hall, India - $317,916 (aka Study Hall Educational Foundation): 1) 387,434 students were educated and 28,126 teachers were trained, and 2,139,125 parents and community members were engaged across all SHEF programs: 2) Aarohini Girls Education and Empowerment program trained 27,974 teachers and engaged 78,600 students 3) Provided 150 K-12 scholarships to Prerna Girls School AND 25 scholarships to Study Hall College 4) Funded 87 GyanSetu centers in urban slums and remote villages, reaching 1,645 students 5) Indias Daughters Campaign engaged 102,435 students across 1,611 schools, reaching 1,738,940 community members 6) DSH ONLINE increased subscribers to 130,000 with over 22.8 million views and accessed by 203,261 unique users.
  2. $282,000 spent. Educational Initiatives, India - $272,000: To improve quality of learning in underserved communities, supported the implementation of Mindspark, Eis AI-drive, personalized adaptive learning platform across multiple countries as follows: 1) India implemented in Grades 1-9 across 2,733 government schools in Himachal Pradesh, reaching 93,743 students; 2-3) South Africa & Zambia expanded to 62 schools, reaching 13,700 students, and delivered Mindspark offline across 36 schools and 2 learning centers; and 4) Cambodia Launched pilot at 5 Digital Learning Centers serving some 500 students in Grades 3-4.
  3. $200,090 spent. FUNDAEC, Colombia - $200,000: Supported three FUNDAEC programs: 1). Solidarity Fund provided scholarships to 177 young people (66% women) to pursue professional degrees, technical certifications and trade training. 2) Transforming the Environment - training and mobilizing 1,000 youth, parents, and teachers from 155 communities in agroforestry to enable food security and preserve the environment. 3) Preparation for Social Action expansion to the indigenous Wayuu community equipping 44 young people in 7 PSA groups with skills to become promoters of community wellbeing
  4. $1.2 million spent. DIRECT GIFT OF EDUCATIONAL NECESSITIES TO ENHANCE STUDENT ACADEMIC ACHIEVEMENT IN VARIOUS SCHOOLS AROUND THE WORLD.
  5. FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: DIRECT GIFT OF EDUCATIONAL NECESSITIES TO ENHANCE STUDENT ACADEMIC ACHIEVEMENT IN VARIOUS SCHOOL AROUND THE WORLD. EXPENSES: $1,196,979 INCLUDING GRANTS OF $819,641 AND REVENUE OF $0.

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

  1. 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 September 7, 2026.

  2. 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 September 30, 2026.

  3. 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 September 10, 2026.

  4. 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 September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2000.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. 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 7, 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.