The Geanco Foundation

Organization Overview

The Geanco Foundation is located in Los Angeles, CA. The organization was established in 2006. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Geanco Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Geanco Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Geanco Foundation generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GEANCOS MISSION IS TO SAVE AND IMPROVE THE LIVES IN AFRICA. THE PRINCIPAL ACTIVITIES OF THE FOUNDATION ARE TO RECEIVE AND/OR MAINTAIN FUNDS WHICH ARE USED FOR SPECIAL MEDICAL MISSIONS, MATERNAL AND INFANT HEALTH PROGRAMS, AND SUPPORT OF SCHOOLS IN AFRICA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2021, IN RESPONSE TO THE HIGH INCIDENCES OF INFANT MORTALITY RATES ASSOCIATED WITH TRADITIONAL BIRTH ATTENDANT (TBA) PRACTICES IN NIGERIA, THE ORGANIZATION HELD A NEONATAL RESUSCITATION TRAINING IN WHICH IT TRAINED AND EQUIPPED TBAS IN NIGERIA. AT THE CONCLUSION OF THE TRAINING, THE PARTICIPANTS WERE ABLE TO SUCCESSFULLY CARRYOUT NEONATAL RESUSCITATION PROCEDURES.THE FOUNDATION CONTINUED TO SUPPORT A LEADERSHIP SCHOLARSHIP PROGRAM FOR GIRLS IN NIGERIA NEGATIVELY IMPACTED BY TERRORISM AND GENDER INEQUALITY. THIS INCLUDED EXPANDING ITS SCHOLARSHIP PROGRAMS AT NIGERIAN SCHOOLS BY COVERING TUITION AND TUITION RELATED FEES, ALONG WITH MEDICAL CARE AND SOCIAL SUPPORT. THE FOUNDATION ALSO FUNDED THE CONSTRUCTION OF A NEW ASSEMBLY HALL AT BRIGHTLAND ACADEMY AND PARTIALLY FUNDED THE CONSTRUCTION OF A NEW SCIENSE LABORATORY ALONG WITH DONATING ELECTRONIC WHITEBOARDS. DURING 2021, THE FOUNDATION CONTINUED THE EXPANSION OF ITS ANEMIA PROGRAM AT FOUR HOSPITALS AND CLINICS IN SOUTHEAST NIGERIA. THE FOUNDATIONS LEADERS MADE OFFICIAL VISITS TO THE PARTNER HOSPITALS THAT MANAGE THE DAILY SCREENING AND TREATMENT OF VULNERABLE WOMEN AND CHILDREN FOR ANEMIA, A DANGEROUS BLOOD CONDITION.INCLUDED IN THIS TOTAL ARE ALSO A PORTION OF THE SALARIES OF THE FOUNDATIONS ONLY TWO EMPLOYEES.


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Board, Officers & Key Employees

Name (title)Compensation
Afam Onyema
CEO And Co-Founder
$181,782
Dr Godwin Onyema
President And Co-Founder
$81,275
Ebele Onyema
Director
$0
Nche Onyema
Director
$0
Gozie Onyema
Director
$0
Steve Kirschner
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$202,472
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$841,228
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,043,700
Total Program Service Revenue$0
Investment income $23,418
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,067,118

Grants Recieved

Over the last fiscal year, we have identified 12 grants that The Geanco Foundation has recieved totaling $245,622.

Awarding OrganizationAmount
Charities Aid Foundation America

Alexandria, VA

PURPOSE: CHARITABLE DONATION

$87,703
Schwab Charitable Fund

San Francisco, CA

PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS

$30,500
Civitas Foundation 32sc4400

Pennington, NJ

PURPOSE: UNRESTRICTED GENERAL

$30,000
The Zegar Family Foundation

New York, NY

PURPOSE: GENERAL PURPOSE CONTRIBUTION

$30,000
American Endowment Foundation

Hudson, OH

PURPOSE: INTERNATIONAL

$25,000
Community Foundation For The Fox Valley Region Inc

Appleton, WI

PURPOSE: O50: YOUTH DEVELOPMENT PROGRAMS

$25,000
View Grant Recipient Profile

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