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Nonprofiteer
← EMPOWER-EMERGING MARKETS FOUNDATION

Form 990 for tax year 2024

Filed by EMPOWER-EMERGING MARKETS FOUNDATION.

Totals

Total revenue
$11,802,297
Total expenses
$10,294,166
Contributions and grants received
$11,594,836
Grants paid
$5,192,795
Program services expenses (Part IX)
$7,935,000
Management and general expenses
$1,103,600
Fundraising expenses
$1,255,566
Program service expenses (Part III)
$7,935,000

Program services were 77.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CYNTHIA STEELE

    PRESIDENT AND CEO

    Total calculated
    $297,605
    From this org
    $275,000
    From related orgs
    $0
    Other
    $22,605
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $275,000
    Bonus
    $0
    Other
    $0
    Deferred
    $22,000
    Nontaxable benefits
    $605
    Filer's total
    $297,605
  • AASHA PAI

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • ALEEM JIVRAJ

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • AVON NEO

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • BASAK YAVUZ

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • BETH FREDRICK

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • EG MORSE

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • JAMES DONALD

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • JEREMY LLEWELYN

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • JONATHAN BELL

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • KEVIN MURPHY

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • KRISTIN CEVA

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • LINDA WEISERT

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • LIZA GREEN

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • MADDY FOO

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • MARC BALSTON

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • MARY-THERESE BARTON

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL HIRSCHHORN

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • NICHOLAS KOH

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • OSMIN RIVERA

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • OZAN TARMAN

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • PARVOLETA SHTEREVA

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • PATRICIA AHN

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • PONTSO MAFETHE

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • RACHEL ANDREWS

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • REGGIE DODGE

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • REKHA NAIR

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • RICHARD JOHNSTON

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • ROBERT KUSHEN

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • STEPHEN CHANG

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • SWATEE DEEPAK

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • TOBY WEST

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • VIVIEN TEU

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • APARNA UPPALURI

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • FINBAR COOKE

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • FLAVIO FIGUEIREDO

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • HARSHID PATEL

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • JAMES ELLERY

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • JESSICA KOH

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • LILIANA CASTILLO

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • MARYANN TSENG

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • NICOLETTE NAYLOR

    BOARD MEMBER-UK

    Total calculated
    $0
    Hours/week
    1
  • NISHA DHAWAN

    BOARD MEMBER-IN

    Total calculated
    $0
    Hours/week
    1
  • SNEHA SHAH KOHLI

    BOARD MEMBER-IN

    Total calculated
    $0
    Hours/week
    1
  • SOJI ADEWUMI

    BOARD MEMBER-US

    Total calculated
    $0
    Hours/week
    1
  • SUSEE TANG GOUGH

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • THOMAS PLANK

    BOARD MEMBER-HK

    Total calculated
    $0
    Hours/week
    1
  • LARRY BLOOM

    CFO

    Total calculated
    $160,740
    From this org
    $153,800
    From related orgs
    $0
    Other
    $6,940
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,800
    Bonus
    $0
    Other
    $0
    Deferred
    $6,090
    Nontaxable benefits
    $850
    Filer's total
    $160,740
  • DANIEL PARNETTI

    SR PROGRAM MANAGER

    Total calculated
    $126,441
    From this org
    $117,075
    From related orgs
    $0
    Other
    $9,366
    Hours/week
    40
  • WILSON VENTURA

    DIRECTOR OF FINANCE

    Total calculated
    $155,647
    From this org
    $131,075
    From related orgs
    $0
    Other
    $24,572
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,075
    Bonus
    $0
    Other
    $0
    Deferred
    $10,263
    Nontaxable benefits
    $14,309
    Filer's total
    $155,647

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
22 January 2026
IRS schema version
2024v5.5
Source object
202600259349300200

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