Concept Foundation
- Assets
- $3.3m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Founding
- 01/1997
- Data as of
- 09/2022
- EIN
- 98-0158157
Organization Overview
Concept Foundation is located in null. The organization was established in 1997. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concept 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 09/2022, Concept Foundation generated $2.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $2.7m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONCEPT FOUNDATION IDENTIFIES, INNOVATES AND ENABLES EQUITABLE ACCESS TO QUALITY-ASSURED, AFFORDABLE, ESSENTIAL SEXUAL AND REPRODUCTIVE HEALTH MEDICINES AND TECHNOLOGIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNTRY SUPPORTCONCEPT FOUNDATION WORKS WITH IN-COUNTRY STAKEHOLDERS TO FACILITATE ACCESS TO QUALITY-ASSURED SEXUAL AND REPRODUCTIVE HEALTH (SRH) MEDICINES AND TECHNOLOGIES IN LOW- AND MIDDLE-INCOME COUNTRIES (LMIC). WE SUPPORT PHARMACEUTICAL MANUFACTURERS TO REGISTER QUALITY-ASSURED ESSENTIAL MEDICINES, IDENTIFY PROCUREMENT PATHWAYS AND ENSURE THAT SRH NEEDS ARE REFLECTED IN LOCAL POLICIES, GUIDELINES AND ESSENTIAL MEDICINES LISTS (EMLS). CONCEPT FOUNDATIONS REGULATORY TEAM IS CURRENTLY SUPPORTING THE MANUFACTURER OF AN INNOVATOR UTEROTONIC TO REGISTER THE PRODUCT IN OVER 90 LMIC, INCLUDING IDENTIFYING THE OPTIMAL REGULATORY PATHWAY IN EACH COUNTRY, ON A COUNTRY BY COUNTRY BASIS, AND SUBMITTING THE REGULATORY DOSSIER IN-COUNTRY ON BEHALF OF THE COMPANY
RESEARCH AND INNOVATIONCONCEPT FOUNDATION CONDUCTS RESEARCH, IDENTIFY DEVELOP AND EVALUATE NEW AND NEGLECTED HIGH POTENTIAL SEXUAL AND REPRODUCTIVE HEALTH (SRH) MEDICINES AND TECHNOLOGIES. WE SCAN AND REVIEW THE FIELD TO IDENTIFY SRH PRODUCTS THAT ARE LIKELY TO BE SAFE AND EFFECTIVE AND IN PARALLEL REDUCE INEQUITIES IN OUR EFFORTS TO ACHIEVE UNIVERSAL HEALTH COVERAGE. WE ARE WORKING TO IMPROVE CONTRACEPTIVE AND PREGNANCY TERMINATION OPTIONS THROUGH INNOVATIVE APPROACHES. WE ARE WORKING ON EXPLORING AND POTENTIALLY EXPANDING SELF-CARE FOR SEXUAL AND REPRODUCTIVE HEALTH MEDICINES AND TECHNOLOGIES BY CONDUCTING LANDSCAPING AND SYSTEMATIC REVIEWS.
MANUFACTURING AND DEVELOPMENTCONCEPT FOUNDATION FACILITATES THE AVAILABILITY OF QUALITY-ASSURED, AFFORDABLE SEXUAL AND REPRODUCTIVE HEALTH MEDICINES (SRH) AND TECHNOLOGIES WORLDWIDE.THE FOUNDATION CONTINUES TO CAPACITY STRENGTHEN AND COLLABORATE WITH MANUFACTURERS OF GENERIC SRH MEDICINES WORLDWIDE BY PROVIDING REMOTE AND ON-SITE TECHNICAL SUPPORT AND BY SHARING OUR UNIQUE KNOWLEDGE, SKILLS AND EXPERTISE OF SRH MEDICINES AND THEIR MANUFACTURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ahmet Metin Gulmezoglu Executive Director | Officer | 10 | $0 |
Lester Chinery Director Of Programmes | Officer | 0 | $0 |
Pisake Lumbiganon Director | Trustee | 1 | $0 |
Somchai Peerapakorn Director | Trustee | 1 | $0 |
Helen Eskett Director | Trustee | 1 | $0 |
Luis Guillermo Bahamondes Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Figo Workshop | 9/29/22 | $150,274 |
Chulalongkorn Research | 9/29/22 | $105,974 |
Waci Health Workshop | 9/29/22 | $119,028 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $450,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,108,516 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,558,516 |
| Total Program Service Revenue | $0 |
| Investment income | $2,471 |
| 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 | $2,562,260 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $926,927 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $216,566 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $129 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,638 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $90,091 |
| Advertising and promotion | $0 |
| Office expenses | $12,993 |
| Information technology | $5,266 |
| Royalties | $0 |
| Occupancy | $14,066 |
| Travel | $649 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,024 |
| Interest | $0 |
| Payments to affiliates | $435,706 |
| Depreciation, depletion, and amortization | $4,371 |
| Insurance | $122,541 |
| All other expenses | $56,189 |
| Total functional expenses | $2,678,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132 |
| Savings and temporary cash investments | $2,627,605 |
| Pledges and grants receivable | $456,159 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $161,555 |
| Net Land, buildings, and equipment | $6,280 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,008 |
| Other assets | $3,286 |
| Total assets | $3,256,025 |
| Accounts payable and accrued expenses | $88,778 |
| Grants payable | $0 |
| Deferred revenue | $2,368,646 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,908 |
| Total liabilities | $2,461,332 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $794,693 |
| Total liabilities and net assets/fund balances | $3,256,025 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cuso International | $17,986,190 | $25,338,532 |
West Africa Rice Development Association | $23,999,248 | $19,439,683 |
Eshel-The Assn for the Planning&Develop ment of Services for the Aged in Israel | $0 | $14,530,000 |
African Agricultural Technology Foundation | $24,296,814 | $14,780,900 |
American Schools Abroad Inc | $17,835,542 | $13,391,571 |
Global Witness | $10,237,226 | $13,787,236 |
Sasakawa Africa Association | $10,962,554 | $12,673,279 |
African Economic Research Consortium Inc | $31,533,538 | $9,406,406 |
International Center For Biosaline Agriculture | $26,028,000 | $9,926,000 |
Luso-American Development Foundation | $182,222,263 | $19,932,627 |
Alliance Cooperative Internationale | $7,111,802 | $6,330,982 |
Surgo Foundation Us | $88,565,551 | $13,150,449 |