Cocoa360 Fund
Cocoa360 Fund
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About this organization
Mission
To leverage existing community resources to fund improvements in education and health care, and build a self-sustaining development model that puts the underprivileged (rural cocoa farmers) in the driver's seat of development. Our pioneering model uses cocoa to transform community infrastructure and facilitate consistent access to education and health care. We hope to replicate this model to empower rural farming communities all over the world.
About
The organization awarded a total of $169,723 in grants to its local affiliate, Tarkwa Breman Community Alliance, to run its Centre of Excellence Campus - a girls' school, clinic, and community library. In exchange for tuition-free education and subsidised healthcare services, community members work on a community-run cocoa farm.
Interesting data from their 2020 990 filing
The purpose of the non-profit is stated in the filing as “To leverage existing community resources to fund improvements in education and health care, and build a self-sustaining development model that puts the underprivileged (rural cocoa farmers) in the driver's seat of development. our pioneering model uses cocoa to transform community infrastructure and facilitate consistent access to education and health care. we hope to replicate this model to empower rural farming communities all over the world.”.
Their activities were defined as: “To leverage existing community resources to fund improvements in education and health care, and build a self-sustaining development model that puts the underprivileged (rural cocoa farmers) in the driver's seat of development. our pioneering model uses cocoa to transform community infrastructure and facilitate consistent access to education and health care. we hope to replicate this model to empower rural farming communities all over the world.”.
- As per legal requirements, the non-profit's state of operation is reported as PA.
- The non-profit's address in 2020 as per the filing is P O BOX 31853, Philadelphia, PA, 19104.
- The form of the non-profit organization shows 0 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 between $100,000 and $250,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $41,703.
- The CEO's salary policy within the organization is not determined through a review and approval by an independent source.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 0 independent voting members.
- The organization was formed in 2015.
- 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 O.
- The organization pays $21,857 in salary, compensation, and benefits to its employees.
- The organization pays $34,263 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.
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