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Grameen Foundation Return of Organization Exempt From Income Tax OMB No 1545-0047 Form ^^0 Under section 501 (c), 527, or 4947( a)(1) of the Internal Revenue Code (except private foundations) 2013 Do not enter Social Security numbers department of the Treasury ► on this form as it may be made public Open to Public Internal Revenue Service Information about Form 990 and its instructions is at www irs. gov/form990. Inspection A For the 2013 calendar year , or tax year beginning APR 1 , 2013 and ending MAR 31 2014 B Check if C Name of organization D Employer identification number applicable -Ichanges GRAMEEN FOUNDATION USA ^ Nhange Doin g Business As 7 3 -1502797 ^reituan Number and street ( or P.O box if mail is not delivered to street address ) Room/suite E Telephone number E:Iatedb" 1101 15TH STREET NW 3RD F 202 - 628-3560 Amended return City or town, state or province , country , and ZIP or foreign postal code G Gross receipts $ 20 , 786 , 914. Iica- DAgten WASHINGTON , DC 2 0 0 0 5 H(a) Is this a group return pending F Name and address of principal officer ALEXANDER M. COUNTS for subordinates? Yes ®No SAME AS C ABOVE H(b) Are all subordi nates included'?DYes 0 No Tax-exem pt status ® 501 c 3 [:1501 ( c )( 1 ( insert no. ) 0 4947 ( a )( 1 ) or 0 527 If " No," attach a list (see instructions) J Website : 00, WWW. GRAMEENFOUNDAT ION . ORG H (c) Grou p exemption number ► K Form of organization . n Corporation F--1 Trust F-1 Association F-1 Other ► L Year of formation- 19 9 6 M State of lenal domicile, OR Part I I Summary 1 Briefly describe the organization's mission or most significant activities TO ENABLE THE POOR, ESPECIALLY C THE POOREST, TO CREATE A WORLD WITHOUT POVERTY. E 2 Check this box ► 0 if the organization discontinued its operations or disposed of more than 25% of its n et assets 0 3 Number of voting members of the governing body (Part VI, line 1 a) 3 18 a 4 Number of independent voting members of the governing body (Part VI, line 1 b) co 4 17 in 5 Total number of individuals employed in calendar year 2013 (Part V, line 2a) 5 109 5 6 Total number of volunteers (estimate if necessary) 6 14 018 Q 7 a Total unrelated business revenue from Part VIII, column (C), line 12 7a 5 000. b Net unrelated business taxable income from Form 990-T, line 34 7b -60. Prior Year Current Year 8 Contributions and grants (Part VIII, line 1 h) 10 6 8 5 613. 16 , 700 665. 9 Program service revenue (Part VIII, line 2g) 7 9 9 3 748. 3 6 7 3 256. a) 10 Investment Income (Part VIII, column (A), lines 3 4 and 7d) 179 701. 183 , 603. 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 1 Oc, and 11 e) - 170 862. -457 , 484. 12 Total revenue - add lines 8 throu g h 11 must e q ual Part VIII, column (A) , line 12 18 688 200 . 20 100 040. 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) 850 231. 424 , 023. 14 Benefits pgld to or for members (Part IX, column (A), line 4) 0 . 0 , u) 15 Salaries, other compensation, employee benefits (Pa s 5-10) 11 262 936 . 12 483 , 540. 16a Professional fundraising fees (Part IX, column ), lines 0 . 0 . X b Total fundraising expenses (Part IX, column (D) Iln 3 5 5. W 17 Other expenses (Part IX, column (A), lines 11 a-1 1 f-24,t\ " 11 6 5 3 736. 9 483 , 279. 18 Total expenses Add lines 13-17 (must equal Pa column (A), line 2 2 3 7 6 6 903. 22 1 390 , 842. 19 Revenue less ex p enses l i n e 1 -5 , 078 703. -2 290 , 802. N Q Be g innin g of Current Year End of Year 20 Total assets (Part X, line 16) 20 , 467 , 631. 17 , 208 , 690. 21 Total liabilities (Part X , line 26) 2 6 7 7 502. 2 5 2 3 8 2 3 22 Net assets or fund balances Subtract line 21 from line 20 17 7 9 0 12 9 . 14 684 , 867. Part II Signature Block Undelf penalties of perjury, I declare that I hay xamined this return, including accompanying schedules and statements , and to the best of my knowledge and belief, it is truezcorrect, and complete cia ion of e rer ( other than officer) is based on all information of which preparer has any knowledge. Sign ' Signature of officer Here ALEXANDER M. COUNTS , PRES. & C Type or print name and title Print/Ty a rep er's name Pe els Paid M 6- 6A P -.parer Firm ' s name GELMAN , ROSENBERG & FREE Use Only Firm ' s address 4550 MONTGOMERY AVE SUIT BETHESDA , MD 20814-2930 332001 10-29-13 LHA For Paperwork Reduction Act Notice , see the Form 990 2013 GRAMEEN FOUNDATION USA 73-1502797 Pa e 2 Part III Statement of Program Service Accomplishments Check If Schedule 0 contains a response or note to any line in this Part III 1 Briefly describe the organization's mission TO ENABLE THE POOR, ESPECIALLY THE POOREST, TO CREATE A WORLD WITHOUT POVERTY. 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ'7 Yes ®No If "Yes," describe these new services on Schedule 0 3 Did the organization cease conducting , or make significant changes in how it conducts, any program services'? OYes ® No If "Yes," describe these changes on Schedule 0 4 Describe the organization 's program service accomplishments for each of its three largest program services , as measured by expenses Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported 4a (Code ) (Expenses $ 5 , 2 8 1 , 6 17 . including grants of $ 2 2 7 ,191 . ) (Revenue $ 645,398 L ) FINANCIAL SERVICES -- GRAMEEN FOUNDATION (GF) PARTNERS WITH FINANCIAL INSTITUTIONS, TELECOM OPERATORS AND OTHER PROVIDERS TO CREATE AND SCALE FINANCIAL SERVICES FOR THE POOR. WE DEMONSTRATE HOW APPROPRIATELY DESIGNED FINANCIAL PRODUCTS CAN IMPROVE LIVES AND LIVELIHOODS BY REDUCING RISK, IMPROVING FINANCIAL SECURITY AND INCREASING INCOME. (FOR A DETAILED DESCRIPTION OF OUR FINANCIAL SERVICE ACCOMPLISHMENTS, PLEASE SEE SCHEDULE 0) 4b (Code ) (Expenses $ 8 , 3 21, 4 2 5 . including grants of $ 19 5 , 6 3 2 . ) (Revenue $ 3,027,858. ) INFORMATION ACCESS -- GF WORKS WITH GOVERNMENT AGENCIES, THE PRIVATE SECTOR AND CIVIL SOCIETY TO DEVELOP MOBILE SOLUTIONS TO BOTH IMPROVE HEALTH OUTCOMES FOR THE POOR AND EMPOWER FARMERS WITH RELEVANT, TIMELY AND ACTIONABLE INFORMATION AND FINANCIAL SERVICES. (FOR A DETAILED DESCRIPTION OF OUR INFORMATION ACCESS ACCOMPLISHMENTS, PLEASE SEE SCHEDULE 0) 4c (Code ) ( Expenses $ 2, 949 ,931 . including grants of $ ) (Revenue $ POVERTY TOOLS -- GF HELPS POVERTY-FOCUSED ORGANIZATIONS IMPROVE THEIR OPERATI ONS AND DEEPEN THEIR IMPACT BY PROVIDING FINANCING, MOBILE-BASED MANAGEMENT AND POVERTY MEASUREMENT TOOLS, SKILLED VOLUNTEERS, AND HUMAN CAPITAL RESOURCES. (FOR A DETAILED DESCRIPTION OF OUR POVERTY TOOLS ACCOMPLISHMENTS, PLEASE SEE SCHEDULE 0) 4d Other program services (Describe in Schedule 0) (Expenses $ 1 , 613 , 2 5 3 . including grants of $ 1, 200 .) (Revenues 4e Total program service expenses ► 18 ,166 ,226. Form 990 (2013) 10-29-13 SEE SCHEDULE 0 FOR CONTINUATION(S) 2 09121110 745960 16995 2013.04030 GRAMEEN FOUNDATION USA 169951 -1502 Page 3 heckli st (es No 1 Is the organization described in section 501 (c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes, " complete Schedule A X 2 Is the organization required to complete Schedule B, Schedule of Contrnbutor.12 X 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes, " complete Schedule C, Part 1 X 4 Section 501(c)(3) organizations . Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part 11 X 5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part Ill X 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I X 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures' If "Yes," complete Schedule D, Part 11 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets' If "Yes," complete Schedule D, Part Ill 9 Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X, or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV 9 X 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V 10 X 11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D, Part VI b Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16' If "Yes," complete Schedule D, Part Vll c Did the organization report an amount for investments - program related in Part X, line 13 that is 5% or more of its total assets reported
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