Tax Summary

The Ageno Foundation international, Inc. is a tax-exempt and an all-volunteer organization with a vision and mission to eliminate poverty and alleviate suffering through economic empowerment initiatives, medical missions, clean water projects and scholarships for children in nursery school to college in our global communities in East Africa, the Caribbean and India.

Financial support for the foundation comes from gifts, grants, and individual contributions, with approximately 65% of the total support coming through individual contributions. Over the last five years, the average annual financial support for the foundation is $290,326, with 91% of these funds spent on program services that deliver the foundation’s mission.

Because it is an all-volunteer organization, over the last five years the foundation spent on average less than 10% of funds received on fundraising and administrative expenses.

Also, because there is no endowment, the foundation has maintained a modest level of net assets consisting of an ending average cash balance of less than $14,000 over the last five years.

Ageno Foundation International tax summary 990 2022 tax information.