Avasant Foundation
Avasant Foundation
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About this organization
Mission
Avasant Foundation is a nonprofit corporation organized and operated exclusively for charitable purposes. Avasant Foundation shall be dedicated to the needs of children with a focus on poverty reduction, education, and employment.
About
Avasant Foundation helped catalyze the creation of over 6000 new jobs in collaboration with governments, non-profits and the region's growing ICT service industry. A new effort involved advising the Rwandan government on how to optimize its investments in ICT for job creation and development.
Interesting data from their 2020 990 filing
The non-profit's aim, as indicated in the filing, is “The avasant foundation is an organization aiming to align corporate social responsibility initiatives for avasant and its partners by leveraging its expertise in globalization, rural ecocnomic development, skills development, and technology services.the avasant foundation's purpose is to promote efforts that will generate educational opportunities for children, reduce childhood poverty, and drive the employment of youth. one of the key initiatives, entitled "impact sourcing" is tied to avasant's relationship with the rockefeler foudation, through which the avasant foundation seeks to create sourcing related job opportunities in poor and economically challenged communities.”.
When referring to its functions, they were specified as: “Avasant foundation is a nonprofit corporation organized and operated exclusively for charitable purposes. avasant foundation shall be dedicated to the needs of children with a focus on poverty reduction, education, and employment.”.
- The non-profit has reported their operating state as CA, as required by law.
- As stated in the filing, the non-profit's address in 2020 was 1960 E GRAND AVENUE NO 1050, EL SEGUNDO, CA, 90245.
- The non-profit's form reports a total of 0 employees as of 2020.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$89,260.
- The organization has 4 independent voting members.
- The organization was formed in 2012.
- The organization pays $130,258 in salary, compensation, and benefits to its employees.
- The organization pays $130,273 in fundraising expenses.
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