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One Acre Fund

One Acre Fund

Highland Park, IL 60035
Tax ID20-3668110

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About this organization

Revenue

$163,511,882

Expenses

$142,823,385

Website

oneacrefund.org

Mission

One Acre Fund supplies smallholder farmers with the financing and training they need to grow more food and earn more money from their farms. Instead of giving handouts, we invest in farmers to generate a permanent gain in income. We supply a complete service bundle of seeds and fertilizer, financing, training, and market facilitation—and we deliver these services within walking distance of the rural farmers we serve. We measure success in our ability to make farmers more prosperous and we always put Farmers First.

About

One Acre Fund is an agricultural service provider that supports Africa's smallholder farmers to build resilient communities. More than 50 million families in Sub-Saharan Africa earn a living from small farms, which produce 80 percent of the continent’s food. But harvests still lag far behind the rest of the world. We supply the financing and training these farmers need to grow their way out of hunger and build lasting pathways to prosperity. Instead of giving handouts, we invest in farmers to help them increase their yields and their profits. When farmers become more productive, they help feed healthy communities and create thriving economies. They also reduce environmental pressure by doing more with less land. We envision a future in which every farm family has the knowledge and means to achieve big harvests, support healthy families, and cultivate rich soil.

Interesting data from their 2020 990 filing

The filing outlines the non-profit's goal as “To empower chronically hungry farm families in africa to lift themselves out of hunger and poverty. one acre fund achieves its mission by working with self-help groups in rural villages to deliberately reach the most severely hunger-affected.”.

When explaining its purpose, the activities were outlined as: “To empower chronically hungry farm families in east africa to lift themselves out of hunger and poverty.”.

  • As per legal reporting requirements, the state of operation for the non-profit is IL.
  • The non-profit's address for 2020 is listed as 1954 First Street STE 183, Highland Park, IL, 60035 in the filing.
  • As per the non-profit's form, they have 160 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $20,688,497.
  • The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 7 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 $40,897,939 in salary, compensation, and benefits to its employees.
  • The organization pays $3,343,139 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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