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Geanco Foundation

Geanco Foundation

Los Angeles, CA 90071
Tax ID20-3498204

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About this organization

Revenue

$1,736,600

Expenses

$1,671,584

Website

geanco.org

Mission

We save and transform lives in Africa. We lead regular surgical missions to Nigeria. Our Clinton Global Initiative program screens and treats vulnerable children and pregnant women for anemia, and we help mothers deliver babies safely. We also donate computers, books, medicine and sports fields to schools in Nigeria. Through our David Oyelowo Leadership Scholarship for Girls, we provide tuition, medical care, and social and psychological support to young female victims of terrorism and gender inequality. We proudly count among our supporters Oprah Winfrey, Brad Pitt, Daniel Craig, Chiwetel Ejiofor, David Oyelowo, Dr. Oz, Benedict Cumberbatch, Jimmy Kimmel, Chris Rock, Charlize Theron, Forest Whitaker, Disney, The Oscars, and NFL Hall of Famers Warren Moon and Ronnie Lott.

About

In November 2019, the Foundation led a medical mission to Nigeria focused on complex hip and knee surgeries. Surgery training and instruction was provided to the local surgeons and the Foundation donated much-needed medical supplies and equipment. The surgical team performed 33 surgical procedures on 31 patients in five and a half days, including the first distal femur surgery and first bilateral anterior hip surgeries in the organizations history. Also in 2019, the Foundation oversaw the funding and renovation of a maternity Center in Enugu, Nigeria. The Foundation donated 2,638 safe delivery-maternal health kits to 46 rural clinics throughout southeast Nigeria. The kits are used to help ensure the safe and successful delivery of thousands of indigent, pregnant women. Further, the Foundation expanded its anemia program in Nigeria and screened 10,540 Nigerian women and children, along with covering the cost of treatment for 4,912 pregnant women.

Interesting data from their 2020 990 filing

The filing sets forth the mission of the non-profit as “Geancos mission is to save and improve the lives in africa. the principal activities of the foundation are to receive and/or maintain funds which are used for special medical missions, maternal and infant health programs, and support of schools in africa.”.

When detailing its responsibilities, they were listed as: “Geancos mission is to save and improve the lives in africa. the principal activities of the foundation are to receive and/or maintain funds which are used for special medical missions, maternal and infant health programs, and support of schools in africa.”.

  • The state in which the non-profit is legally permitted to operate is IL.
  • The number of employees reported by the non-profit on their form as of 2020 is 2.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $65,016.
  • The CEO compensation structure within the organization is based on a review and approval from a neutral party.
  • The organization has 4 independent voting members.
  • The organization was formed in 2005.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $299,313 in salary, compensation, and benefits to its employees.
  • The organization pays $119,615 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a business related family member transaction.
  • The organization has a business related organization transaction.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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