Totals
- Total revenue
- $34,778,638
- Total expenses
- $30,965,538
- Contributions and grants received
- $15,713,134
- Grants paid
- $9,339,986
- Program service revenue
- $4,164,206
- Investment income
- $13,989,237
- Other revenue
- $912,061
- Total assets, end of year
- $242,851,234
- Total liabilities, end of year
- $87,527,554
- Net assets or fund balances, end of year
- $155,323,680
- Program services expenses (Part IX)
- $22,194,926
- Management and general expenses
- $7,762,893
- Fundraising expenses
- $1,007,719
- Program service expenses (Part III)
- $22,194,926
Program services were 71.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$15,409,899
-
1f · All other contributions, gifts and grants
$303,235
-
2a · Program service revenue: MANAGEMENT FEE INCOME
total $3,687,121 · related or exempt $3,687,121
-
2b · Program service revenue: INSURANCE FEE INCOME
total $477,085 · related or exempt $477,085
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $13,989,237 · related or exempt $13,989,237
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11a · Other revenue: DONATION FEE INCOME
total $912,061 · related or exempt $912,061
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$912,061
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $9,339,986 · program services $9,339,986
-
5 · Compensation of officers, directors and key employees
total $1,107,208 · program services $289,371 · management and general $817,837
-
7 · Other salaries and wages
total $8,256,063 · program services $3,519,484 · management and general $4,058,543 · fundraising $678,036
-
8 · Pension plan contributions
total $344,615 · program services $131,398 · management and general $190,797 · fundraising $22,420
-
9 · Other employee benefits
total $2,311,402 · program services $1,236,072 · management and general $901,636 · fundraising $173,694
-
10 · Payroll taxes
total $266,381 · program services $136,264 · management and general $101,657 · fundraising $28,460
-
11b · Fees: legal
total $305,446 · management and general $305,446
-
11c · Fees: accounting
total $142,441 · management and general $142,441
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $59,471 · program services $22,891 · management and general $30,718 · fundraising $5,862
-
14 · Information technology
total $503,564 · program services $299,055 · management and general $195,694 · fundraising $8,815
-
16 · Occupancy
total $278,551 · program services $93,270 · management and general $167,202 · fundraising $18,079
-
17 · Travel
total $951,290 · program services $405,830 · management and general $493,202 · fundraising $52,258
-
20 · Interest
total $4,278,052 · program services $4,278,052
-
24a · Other expenses: OTHER PROFESSIONAL FEES
total $373,457 · program services $225,932 · management and general $136,103 · fundraising $11,422
-
24b · Other expenses: FOREX LOSSES
total $2,090,319 · program services $2,090,319
-
24c · Other expenses: TRAINING AND TECHNICAL ASSISTANCE
total $101,502 · program services $47,816 · management and general $45,636 · fundraising $8,050
-
24d · Other expenses: OTHER OPERATING EXPENSES
total $178,351 · program services $1,747 · management and general $175,981 · fundraising $623
-
24e · All other expenses
total $77,439 · program services $77,439 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $29,015,374 · end of year $27,635,980
-
4 · Accounts receivable
beginning of year $7,730,455 · end of year $5,094,989
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $102,913,663 · end of year $109,699,408
-
9 · Prepaid expenses and deferred charges
beginning of year $533,587 · end of year $38,476
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $91,888,753 · end of year $93,030,823
-
15 · Other assets
beginning of year $3,494,371 · end of year $7,351,558
-
17 · Accounts payable and accrued expenses
beginning of year $2,711,546 · end of year $2,075,851
-
19 · Deferred revenue
beginning of year $221,319 · end of year $296,829
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $72,803,062 · end of year $80,826,715
-
25 · Other liabilities
beginning of year $3,366,080 · end of year $4,328,159
-
27 · Net assets without donor restrictions
beginning of year $141,689,021 · end of year $138,670,476
-
28 · Net assets with donor restrictions
beginning of year $14,785,175 · end of year $16,653,204
Mission and programs · 2024
Mission
VISIONFUND INTERNATIONAL (VFI) WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING WORLD VISION INTERNATIONAL (WVI) BY COORDINATING AND PROVIDING FUNDING TO WORLD VISION - AFFILIATED MICROFINANCE INSTITUTIONS (MFIS) LOCATED IN DEVELOPING COUNTRIES. THE PRIMARY ACTIVITY OF THE MFIS IS TO PROVIDE SMALL LOANS TO INDIVIDUALS AND GROUPS WHO LACK ACCESS TO NORMAL BANKING FACILITIES & COMMERCIALLY ORIENTED MICROFINANCE SERVICES AIMING TO ALLEVIATE POVERTY AND STIMULATE THE CREATION OF EMPLOYMENT OPPORTUNITIES FOR THE POOR.
Activities or mission (Part I)
VISIONFUND INTERNATIONAL (VFI) WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING WORLD VISION INTERNATIONAL (WVI) BY COORDINATING AND PROVIDING FUNDING TO WV-AFFILIATED MICROFINANCE INSTITUTIONS LOCATED IN DEVELOPING COUNTRIES.
-
MICRO-ENTERPRISE LENDING - VISIONFUND INTERNATIONAL EXTENDS LOANS TO AFFILIATED MICROFINANCE INSTITUTIONS (MFIS) LOCATED IN UNDERDEVELOPED COUNTRIES AS PART OF WORLD VISION INTERNATIONAL'S GLOBAL MINISTRY OF AIDING PEOPLE TO ALLEVIATE POVERTY AND BETTER THEIR LIVES. AT SEPTEMBER 30, 2025, THE NET LOANS TO MFIS TOTALED $109,699,408 COMPARED TO $102,913,663 AT THE END OF FISCAL YEAR 2024.
Expenses $22,194,926 · Grants $9,339,986 · Revenue $19,065,504
As filed on the 2024 return.
Listed in Part VII
-
Edgar S MartinezEDGAR S MARTINEZ
PRESIDENT AND CEO
- Total calculated
- $371,702
- From this org
- $324,801
- From related orgs
- $0
- Other
- $46,901
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $311,995
- Bonus
- $0
- Other
- $12,806
- Deferred
- $26,078
- Nontaxable benefits
- $20,823
- Filer's total
- $371,702
-
James Bere JrJAMES BERE JR
BOARD CHAIRMAN
- Total calculated
- $0
- Hours/week
- 4
-
Suanne Deboer MiedemaSUANNE DEBOER MIEDEMA
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tiffany T F HuangTIFFANY T F HUANG
BOARD VICE-CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Andrew MorleyANDREW MORLEY
BOARD OF DIRECTOR
- Total calculated
- $668,687
- From this org
- $0
- From related orgs
- $668,687
- Other
- $0
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $586,175 related
- Bonus
- $0
- Other
- $0 + $82,512 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $668,687 related
-
Dennis WeiblingDENNIS WEIBLING
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Emma OsborneEMMA OSBORNE
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jean Baptiste KamateJEAN BAPTISTE KAMATE
BOARD OF DIRECTOR
- Total calculated
- $426,301
- From this org
- $0
- From related orgs
- $412,855
- Other
- $13,446
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $292,616 related
- Bonus
- $0
- Other
- $0 + $120,239 related
- Deferred
- $0 + $11,763 related
- Nontaxable benefits
- $0 + $1,683 related
- Filer's total
- $0 + $426,301 related
-
Katherine LamKATHERINE LAM
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Luis HermosaLUIS HERMOSA
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Margaret SchulerMARGARET SCHULER
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Petronella Chigara DhitimaPETRONELLA CHIGARA DHITIMA
BOARD OF DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephen LockleySTEPHEN LOCKLEY
BOARD OF DIRECTOR
- Total calculated
- $313,192
- From this org
- $0
- From related orgs
- $280,126
- Other
- $33,066
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $280,126 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $28,852 related
- Nontaxable benefits
- $0 + $4,214 related
- Filer's total
- $0 + $313,192 related
-
Elisabeth MaddenELISABETH MADDEN
CHIEF FINANCIAL OFFICER
- Total calculated
- $172,797
- From this org
- $153,257
- From related orgs
- $0
- Other
- $19,540
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,257
- Bonus
- $0
- Other
- $0
- Deferred
- $15,326
- Nontaxable benefits
- $4,214
- Filer's total
- $172,797
-
Elizabeth HaegelinELIZABETH HAEGELIN
ASSISTANT SECRETARY
- Total calculated
- $199,715
- From this org
- $0
- From related orgs
- $173,683
- Other
- $26,032
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $167,503 related
- Bonus
- $0
- Other
- $0 + $6,180 related
- Deferred
- $0 + $19,024 related
- Nontaxable benefits
- $0 + $7,008 related
- Filer's total
- $0 + $199,715 related
-
John ChamberlainJOHN CHAMBERLAIN
DIRECTOR OF GROUP FINANCIAL CONTROL
- Total calculated
- $140,887
- From this org
- $130,451
- From related orgs
- $0
- Other
- $10,436
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,451
- Bonus
- $0
- Other
- $0
- Deferred
- $10,436
- Nontaxable benefits
- $0
- Filer's total
- $140,887
-
Luke BreretonLUKE BRERETON
CHIEF OPERATIONS OFFICER
- Total calculated
- $209,104
- From this org
- $190,095
- From related orgs
- $0
- Other
- $19,009
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $190,095
- Bonus
- $0
- Other
- $0
- Deferred
- $19,009
- Nontaxable benefits
- $0
- Filer's total
- $209,104
-
Matthew HarveyMATTHEW HARVEY
SECRETARY
- Total calculated
- $190,116
- From this org
- $0
- From related orgs
- $173,250
- Other
- $16,866
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $172,800 related
- Bonus
- $0
- Other
- $0 + $450 related
- Deferred
- $0 + $16,345 related
- Nontaxable benefits
- $0 + $521 related
- Filer's total
- $0 + $190,116 related
-
Tim BurgettTIM BURGETT
ASSISTANT SECRETARY
- Total calculated
- $267,381
- From this org
- $0
- From related orgs
- $228,792
- Other
- $38,589
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $213,327 related
- Bonus
- $0 + $1,500 related
- Other
- $0 + $13,965 related
- Deferred
- $0 + $22,542 related
- Nontaxable benefits
- $0 + $16,047 related
- Filer's total
- $0 + $267,381 related
-
Adrian MerrymanADRIAN MERRYMAN
CHIEF BUSINESS DEVELOPMENT OFFICER
- Total calculated
- $215,979
- From this org
- $179,485
- From related orgs
- $0
- Other
- $36,494
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,675
- Bonus
- $0
- Other
- $3,810
- Deferred
- $15,767
- Nontaxable benefits
- $20,727
- Filer's total
- $215,979
-
Barry FirthBARRY FIRTH
CHIEF ADMINISTRATIVE , FINANCE & RISK OFFICER
- Total calculated
- $158,107
- From this org
- $146,395
- From related orgs
- $0
- Other
- $11,712
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,395
- Bonus
- $0
- Other
- $0
- Deferred
- $11,712
- Nontaxable benefits
- $0
- Filer's total
- $158,107
-
Ricardo CalvoRICARDO CALVO
REGIONAL HEAD, LACRO
- Total calculated
- $174,125
- From this org
- $148,406
- From related orgs
- $0
- Other
- $25,719
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,426
- Bonus
- $0
- Other
- $1,980
- Deferred
- $12,243
- Nontaxable benefits
- $13,476
- Filer's total
- $174,125
-
Richard ReynoldsRICHARD REYNOLDS
INSTITUTIONAL DEVELOPMENT DIRECTOR
- Total calculated
- $184,244
- From this org
- $155,888
- From related orgs
- $0
- Other
- $28,356
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,908
- Bonus
- $0
- Other
- $1,980
- Deferred
- $15,768
- Nontaxable benefits
- $12,588
- Filer's total
- $184,244
-
Sally O'NeilSALLY O'NEIL
CHIEF OF STRATEGY
- Total calculated
- $180,514
- From this org
- $162,310
- From related orgs
- $0
- Other
- $18,204
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,300
- Bonus
- $0
- Other
- $10
- Deferred
- $16,230
- Nontaxable benefits
- $1,974
- Filer's total
- $180,514
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, and on a Form 990-PF Part VIII's — 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
- 1a · Tax indemnification and gross-up payments
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 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
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINE 1A TAX INDEMNIFICATION AND GROSS-UP PAYMENTS
- THE ORGANIZATION PROVIDES FOR TAX INDEMNIFICATION AND GROSS-UP PAYMENTS TO CERTAIN EMPLOYEES.
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.
-
501(C)(3) · RELIEF AGENCY · CA
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
VISIONFUND REPUBLICA DOMINICANA SAS
C CORPORATION · MICROFINANCE · DR · controlled entity
Directly controlled by VFI
-
VISIONFUND DRC SA
C CORPORATION · MICROFINANCE · CG · controlled entity
Directly controlled by VFI
-
BANCO VISIONFUND ECUADOR SA
C CORPORATION · MICROFINANCE · EC · controlled entity
Directly controlled by VFI
-
VISIONFUND GHANA MICRO CREDIT LIMITED
C CORPORATION · MICROFINANCE · GH · controlled entity
Directly controlled by VFI
-
VISIONFUND GUATEMALA SA
C CORPORATION · MICROFINANCE · GT · controlled entity
Directly controlled by VFI
-
FUNED VISIONFUND OPDF
C CORPORATION · MICROFINANCE · HO · controlled entity
Directly controlled by VFI
-
VISIONFUND INDIA PRIVATE LIMITED
C CORPORATION · MICROFINANCE · IN · controlled entity
Directly controlled by VFI
-
VISIONFUND KENYA LIMITED
C CORPORATION · MICROFINANCE · KE · controlled entity
Directly controlled by VFI
-
VISIONFUND MALAWI LIMITED
C CORPORATION · MICROFINANCE · MI · controlled entity
Directly controlled by VFI
-
VISION F MEXICO SA DE CV SOFOM ENR
C CORPORATION · MICROFINANCE · MX · controlled entity
Directly controlled by VFI
-
VISIONFUND NBFI
C CORPORATION · MICROFINANCE · MG · controlled entity
Directly controlled by VFI
-
VISIONFUND AGROINVEST DOO (HOLDING)
C CORPORATION · MICROFINANCE · MJ · controlled entity
Directly controlled by VFI
-
MFI MONTECREDIT DOO
C CORPORATION · MICROFINANCE · MJ · controlled entity
Directly controlled by VF AGROINVEST HOLDING
-
VISIONFUND MYANMAR COMPANY LIMITED
C CORPORATION · MICROFINANCE · BM · controlled entity
Directly controlled by VFI
-
VISIONFUND ENTERPRISES SA (EDPYME CREDIVISION SA)
C CORPORATION · MICROFINANCE · PE · controlled entity
Directly controlled by VFI
-
VISIONFUND RWANDA PLC
C CORPORATION · MICROFINANCE · RW · controlled entity
Directly controlled by VFI
-
VISIONFUND SENEGAL MICROFINANCE SA
C CORPORATION · MICROFINANCE · SG · controlled entity
Directly controlled by VFI
-
VISIONFUND LANKA LIMITED
C CORPORATION · MICROFINANCE · CE · controlled entity
Directly controlled by VFI
-
VISIONFUND TANZANIA MFB LIMITED
C CORPORATION · MICROFINANCE · TZ · controlled entity
Directly controlled by VFI
-
VISIONFUND UGANDA LIMITED
C CORPORATION · MICROFINANCE · UG · controlled entity
Directly controlled by VFI
-
VISIONFUND UKRAINE
C CORPORATION · MICROFINANCE · UP · controlled entity
Directly controlled by VFI
-
VISIONFUND ZAMBIA LTD
C CORPORATION · MICROFINANCE · ZA · controlled entity
Directly controlled by VFI
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 August 2026
- IRS schema version
- 2024v5.1
- Source object
- 202602239349302460
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