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Also known as: DBA Indaba Foundation
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Indaba Education Fund Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2015. The principal officer is Cape Classics Inc.. It holds total assets of $79K. Annual income is reported at $562K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Indaba Education Fund Inc. has made 10 grants totaling $1.7M, with a median grant of $101K. Annual giving has decreased from $410K in 2020 to $150K in 2023. Grantmaking activity was highest in 2022 with $703K distributed across 4 grants. Individual grants have ranged from $41K to $326K, with an average award of $168K. The foundation has supported 2 unique organizations. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Indaba Education Fund Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants.
Indaba Education Fund Inc. has distributed a total of $1.7M across 10 grants. The median grant size is $101K, with an average of $168K. Individual grants have ranged from $41K to $326K.
Indaba Education Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Indaba Education Fund Inc. is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jess Schulschenk | SEC & TREAS | $0 | $0 | N/A |
| Fabio Ficano | Director | $0 | $0 | N/A |
| Andre Shearer | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$79K
Fair Market Value
N/A
Net Worth
$27K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$1.7M
Average Grant
$168K
Median Grant
$101K
Unique Recipients
2
Most Common Grant
$89K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sustainability InstituteTO FUND PRE-SCHOOL CLASSROOM PROGRAMS | Lynedoch | $109K | 2023 |
| Indaba Montessori InstituteTO FUND EARLY CHILDHOOD EDUCATION TEACHER TRAINING PROGRAMS IN THE WINELANDS OF SOUTH AFRICA | Lynedoch | $41K | 2023 |