Small Enterprise Assistance Funds
Small Enterprise Assistance Funds
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About this organization
Mission
SEAF's mission is improving lives and communities through entrepreneur-focused investment.
About
Tanzania - On September 29, 2014, in order to support the development of entrepreneurship and fast growing small and medium sized enterprises in underserved markets, SEAF signed an agreement with USDA for the Food for Progress grant, focused on the country of Tanzania. SEAF received funds through CCC and monetization proceeds. During 2015, SEAF monetized the first 12,000 MT of wheat. During 2016, SEAF monetized 11,000 MT of wheat. During 2017, SEAF made investments of $2,000,000 into portfolio companies in the Tanzania region. During 2018, SEAF made investments of $600,000 into portfolio companies in the Tanzania region. The total carrying value of the investments as of December 31, 2018 and 2017 was $1,143,164 and $908,847 respectively.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “Seaf's mission is improving lives and communities through entrepreneur-led development.”.
When referring to its actions, they were described as: “Seaf is primarily engaged as a fund manager to support the promotion and development of small and medium-size businesses in developing countries.”.
- According to the law, the state of operation reported by the non-profit is NY.
- As per the filing, the address of the non-profit for 2020 is 1500 K STREET NW SUITE 375 NO 375, WASHINGTON, DC, 20005.
- According to their form, the non-profit as of 2020 has a total of 29 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $6,986,642.
- The organization has 4 independent voting members.
- The organization was formed in 1989.
- The organization pays $7,480,067 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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