Skip to content
Nonprofiteer
← EVOLVE FOUNDATION INTERNATIONAL

Form 990 for tax year 2022

Filed by EVOLVE FOUNDATION INTERNATIONAL.

Totals

Total revenue
$9,420,000
Total expenses
$203,465
Contributions and grants received
$10,570,000
Grants paid
$200,000
Program service revenue
$0
Investment income
-$1,150,000
Other revenue
$0
Total assets, end of year
$13,250,968
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$13,250,968
Program services expenses (Part IX)
$200,000
Management and general expenses
$3,310
Fundraising expenses
$155
Program service expenses (Part III)
$200,000

Program services were 98.3% 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.

  • 1f · All other contributions, gifts and grants

    $10,570,000

  • 7b · Less cost or other basis and sales expenses

    other assets $1,150,000

  • 7c · Gain or loss

    other assets -$1,150,000

  • 7d · Net gain or loss

    total -$1,150,000 · excluded -$1,150,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $200,000 · program services $200,000

  • 11c · Fees: accounting

    total $3,000 · management and general $3,000

  • 13 · Office expenses

    total $310 · management and general $155 · fundraising $155

  • 24a · Other expenses: BANK FEES

    total $155 · management and general $155

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $93,999 · end of year $9,757

  • 7 · Other notes and loans receivable

    beginning of year $25,000 · end of year $25,000

  • 12 · Investments: other securities

    beginning of year $6,266,104 · end of year $13,216,211

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $6,385,103 · end of year $13,250,968

Mission and programs · 2022

Mission

TO PROMOTE AND CONTRIBUTE TO EVOLVING HUMAN CONSCIOUSNESS AND AWAKENING OF TRUE NATURE IN HUMAN FORM.

  • FRIENDSHIP BENCH SEEKS TO MAKE EVIDENCE-BASED CARE FOR COMMON MENTAL DISORDERS SUCH AS ANXIETY, DEPRESSION, AND PTSD WIDELY ACCESSIBLE TO ALL THOSE WHO NEED IT, THROUGHOUT COMMUNITIES IN ZIMBABWE AND BEYOND.

    Expenses $200,000 · Grants $200,000

As filed on the 2022 return.

Listed in Part VII

  • Bo Shao

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • Oleg Gorelik

    TREASURER//VICE CHAIR/ SEC.

    Total calculated
    $0
    Hours/week
    5

  • Jenny Pao

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
4 October 2023
IRS schema version
2022v5.0
Source object
202312789349301496

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.