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2015ANNUAL REVIEW
CREATING CHANGE TOGETHER
MEXICOCOLOMBIAPERUBRAZILARGENTINA
GHANANIGERIAS. AFRICA
CHINAVIETNAMPHILIPPINESINDONESIA
TURKEY
INDIA
RUSSIAIstanbul
Delhi
NEW YORK
LONDON
HONG KONG
GLOBALLYOUR MISSION EMPOWER SUPPORTS LOCAL ORGANIZATIONS IN EMERGING
MARKET COUNTRIES THAT PROVIDE AT-RISK YOUTH WITH THE TOOLS AND
RESOURCES THEY NEED TO LEAD HEALTHY, PRODUCTIVE LIVES.
OUR VISION WE BELIEVE THAT YOUNG PEOPLE ARE A CRITICAL RESOURCE
FOR EVERY COUNTRY. OUR STRATEGIC INVESTMENTS IN LOCALLY-LED
ORGANIZATIONS UNLOCK THE POTENTIAL OF YOUNG PEOPLE TO CHANGE
THEIR LIVES AND WORLD.
CHANGE YOU CAN SEE
EMPOWER OFFICES:
NEW YORK
LONDON
HONG KONG
IN-COUNTRY PROGRAM OFFICER:
ISTANBUL
DELHI
PROGRAM AREAS:
LATIN AMERICA
AFRICA
TURKEY & RUSSIA
ASIA
WHAT DOESCHANGELOOK LIKE?
149,000+lives were touched
28% increase in one year
10,849youth increased life skills such as critical thinking,
problem-solving, teamwork
9,650youth built ‘social capital’ – a support network of peers or adult mentors
22,732youth increased their
knowledge and capacity to protect their health
YOUNG PEOPLE AS CHANGEMAKERSThere are more young people today than ever before. Nearly 90% of the world’s population under age 30 live in emerging market countries.
Adolescence and the transition to adulthood is a particularly critical period that can determine a young person’s future. It is at this juncture, with those young people who are most “at-risk,” that EMpower believes we can make a difference.
Our work focuses on the key areas essential to youth development:
Education LivelihoodsHealth and Well-being
15,271youth progressed in secondary school
70% increase in one year
55,000young people directly impacted 13,821
youth strengthened their self-confidence
3,539youth improved their prospects for employment, many by acquiring vocational or business skills
CHANGE THRIVES THROUGH PARTNERSHIP AND COLLABORATIONShattering Stereotypes: Nontraditional Job Paths for Young Women
EMpower brought together experts from nine community-based organizations in six countries, mostly grantee partners, for an EMpower Learning Exchange in New York City. For four days, they worked collaboratively to share knowledge and problem-solve on universal challenges that women face when seeking opportunities for better income, job-security and decision-making power in jobs and sectors traditionally seen as “male-only.”
With and For Girls
EMpower was a founding partner of this Collective, that included Stars Foundation, Malala Fund, Global Fund for Children, Nike Foundation, NoVo Foundation, Plan UK and Mama Cash. The Collective designed a new award to find, fund and increase the visibility and reach of girl-centered organizations world-wide. $1 million was awarded to 20 grassroots organizations in 2015, with the same amount committed for 2016. Importantly, girls are a central part of the awards decision-making, including girls from EMpower’s Adolescent Girls Learning Community in Mumbai.
The Adolescent Girls Learning Community in Mumbai
The Adolescent Girls Learning Community in Mumbai, initiated by EMpower and led by grantee partner Vacha Trust, was begun in 2012, and is now a vibrant, strong community of young women and girls from 8 organizations.
Now entering its fourth year, the Community has just published its Impact Report that compiles data from 2012-14 quantifying impact on the lives of girls, mentors within member organizations, and their local communities. The Learning Community has directly reached over 1,700 people, and influenced 22,104 more.
EMpower has developed a curated collection of the best available Youth Development Tools & Resources, including several by EMpower.
www.empowerweb.org
EMpower Grantee Partners Report Progress• Improvements in their program quality
and ability to assess effectiveness
• Development of their own fundraising and communications capabilities
• Scaling up of programs to reach more youth
• Partnerships with local government and others to replicate successful program models
• Significant national and international recognitions
50%of EMpower’s current grantee partnerships have lasted 5 years +
Investing in local organizations as true partners over time creates SUSTAINED CHANGE
FY2015 A YEAR OF GROWTH
IN FY2015
84 GRANTS
$3,403,250 AWARDED
20NEW GRANTEE PARTNERS
$40,500 MEAN ANNUAL GRANT SIZE
IN FY2014
72 GRANTS
$2,376,000AWARDED
13NEW GRANTEE PARTNERS
$33,000MEAN ANNUAL GRANT SIZE
MORE MULTI-YEAR GRANTSLonger commitments of financial resources enable stable, longer-term planning and growth
RAMPING UP CAPACITY-BUILDING WORKSupporting our grantee partners’ organizational development side-by-side
SPARKING INNOVATIONSmall “Spark and Ignite” grants awarded to current grantee partners enable them to pilot new approaches
43% INCREASE IN US DOLLARS AWARDED IN 2015
GRANTEE PARTNERS WITH ACTIVE GRANTS FY2015
Latin America
Acción y Desarrollo (AyD) Peru 4
Alternativa Centro de Investigación Social y Educación Popular Peru 4
Asociación Aurora Vivar (AAV) Peru 4
Asociación Kallpa para la Salud y el Desarrollo Integral (Asociación Kallpa) Peru 4
Associação ChildrensAid (Onda Solidaria) Brazil 4
Associação de Apoio as Meninas E Meninos da Regiao Se (AA Crianca or AAC) Brazil 4
Associação Luta Pela Paz Brazil 4
Centro de Educación e Investigación para el Desarrollo Comunitario Urbano y Rural (CEDECUR) Colombia 4
Centro de Promoción y Defensa de los Derechos Sexuales y Reproductivos (PROMSEX) Peru 4
Centro Mujeres AC Mexico 4
Centro para los Derechos de la Mujer Nääxwiin A.C. Mexico 4
Centro Yanapanakusun (Yana) Peru 4
Corporación para la atención integral de la Niñez (Corpolatin) Colombia 4
El Hombre Sobre La Tierra (HST) Mexico 4
Fundación Artística y Social La Familia Ayara Colombia 4
Fundación Cruzada Argentina (FCA) Argentina 4
Fundación Cruzada Patagónica (FCP) Argentina 4
Fundación Defensores del Chaco (Defensores) Argentina 4
Fundación Nordelta Argentina 4
Fundación Tiempo de Juego (TJ) Colombia 4
Fútbol con Corazón (FCC) Colombia 4
Puente a la Salud Comunitaria Mexico 4
Solidaridad Internacional Kanda, A.C. (SiKanda) Mexico 4
Africa
Afrikids Ghana Ghana 4
Amandla EduFootball South Africa 4
Challenging Heights Ghana 4
Education as a Vaccine Against AIDS (EVA) Nigeria 4
Equal Education South Africa 4
Etafeni Day Care Trust South Africa 4
Girls Power Initiative Nigeria 4
Ikamva Lisezandleni Zethu (Ikamva Youth) South Africa 4
Mamelani Projects South Africa 4
Network of Women in Growth (NEWIG) Ghana 4
NORSAAC Ghana 4
REALISTIC South Africa 4
Songtaba - Women's Rights Coalition Ghana 4
SOZO Foundation Trust South Africa 4
The Isiqalo Foundation (Isiqalo – Waves for Change (W4C)) South Africa 4
United Through Sport (Umzingisi Foundation) South Africa 4
Urban Agriculture Network Ghana 4
Wilderness Foundation South Africa 4
Turkey & Russia
Alternative Life Association (AYDER) Turkey 4
Gelecek Daha Net (GDN) (The Future is Brighter) Turkey 4
Hisar Anadolu Support Society (HADD) Turkey 4
Husnu M. Ozyegin Foundation (HMOV) Turkey 4
Tarlabasi Toplum Merkezi (TTM) Turkey 4
Autonomous Non-Commercial Organization for Social and Cultural Services (Upsala Circus) Russia 4
Big Brothers Big Sisters of Russia Russia 4
Bolshaya Peremena (Big Change) Russia 4
Charity Fund of Social Projects Galaxy (Galaxy Fund) Russia 4
Doctors to Children Russia 4
Community to Children Russia 4
India
Aangan Trust India 4
Akshara (Front for Rapid Economic Advancement-India (FREA-India)) India 4
Azad Foundation India 4
Chintan Environmental Research and Action Group India 4
Committee of Resource Organisation for Mass Programme of Functional Literacy (CORO) India 4
Creating Resources for Empowerment in Action (CREA) India 4
Feminist Approach to Technology Society (FAT) India 4
Ibtada India 4
Jabala Action Research Organisation India 4
Jan Sahas Social Development Society India 4
Lend a Hand India India 4
Medha Corp. India 4
Navsarjan Trust / Dalit Shakti Kendra India 4
Nishtha India 4
Parivaar Education Society India 4
Saath Charitable Trust India 4
Schools and Teachers Innovating for Results (STIR) (Ark UK is fiscal agent) India 4
Swechha We For Change Foundation (Swechha) India 4
Vacha Charitable Trust India 4
Vidhayak Sansad India 4
East/Southeast Asia
Action Center for City Development (Action for the City) Vietnam 4
Blue Dragon Children’s Foundation Vietnam 4
Know One, Teach One (KOTO) Vietnam 4
Lighthouse China 4
Pacific Links Foundation Vietnam 4
Pamflet (Perkumpulan Pamflet Generasi) Indonesia 4
Qi Chuang Social Work Service Center China 4
ROLE Foundation Indonesia 4
Roots of Health (Ugat ng Kalusugan) Philippines 4
VANGO (Vietnamese American Non-Governmental Organization Network) Vietnam 4
Vibrant Communities (formerly Included) China 4
Yayasan Ekoturisme Indonesia (East Bali Poverty Project) Indonesia 4
Yayasan Kusuma Buana (YKB) Indonesia 4
Yayasan Pembinaan Anak dan Remaja Indonesia (YAPARI) Indonesia 4
Yunnan Youth Development Center China 4
Zone One Tondo (ZOTO) Philippines 4
Organization Name Country Organization Name CountryEducation LivelihoodsHealth and Well-being
Education LivelihoodsHealth and Well-being
FY2015 FINANCIAL STATEMENTSFY2015 FINANCIAL HIGHLIGHTSStatement of Financial Position as of 30 June 2015
US UK HK Total FY 2015* Total FY 2014* AssetsCash and Cash Equivalents 1,133,550 1,972,322 640,639 3,746,511 4,034,448 Accounts Receivable - 52,522 5,349 57,871 1,212,503 Unconditional Promises to Give 412,416 - - 412,416 -Amount due to/from affiliated companies 16,772 - 252,431 269,203 290,652 PrePaid Expenses 10,948 32,237 - 43,185 71,328 Property, equipment and website, at cost, net of accumulated depreciation and amortization 17,169 - - 17,169 18,743
Security Deposit 30,445 - - 30,445 30,445 Total Assets 1,621,300 2,057,081 898,419 4,576,800 5,658,119 Liabilities and Net AssetsAccounts Payable and Accrued Expenses 82,580 30,330 13,354 126,264 240,228 Amounts due to related companies 19,330 - - 19,330 44,245 Grants Payable 474,500 755,950 232,000 1,462,450 1,340,167 Deferred Income 30,000 - - 30,000 Total Liabilities 606,410 786,280 245,354 1,638,044 1,624,640 Net AssetsUnrestricted 370,334 1,270,801 653,065 2,294,200 2,834,839 Temporarily Restricted 644,556 644,556 1,198,640 Total Net Assets 1,014,890 1,270,801 653,065 2,938,756 4,033,479 Total Liabilities and Net Assets 1,621,300 2,057,081 898,419 4,576,800 5,658,119
Statement of Activities Year Ended 30 June 2015US UK HK Total FY 2015* Total FY 2014*
Changes in Unrestricted Net Assets Support and RevenueContributions 443,700 1,809,760 1,107,718 3,361,178 4,066,638 Event Income 549,900 779,616 - 1,329,516 1,099,893 Less: Direct Event Expenses (164,324) - - (164,324) (195,698)Donated Services 26,047 - - 26,047 36,190 Grant Administrative Fee 544,846 - - - -Interest & Misc. Income 10,848 798 11 11,657 2,943 Net Assets Released from Restrictions 700,100 - - 700,100 678,118 Total Unrestricted Support and Revenue 2,111,117 2,590,174 1,107,729 5,264,174 5,688,084 ExpensesProgram Services 1,874,333 2,458,167 974,623 4,804,384 3,682,307 Supporting Services Management and General 273,009 193,692 43,345 458,519 337,869 Fundraising 170,425 277,798 84,309 541,952 374,215 Total Expenses 2,317,767 2,929,657 1,102,277 5,804,855 4,394,392 Increase (Decrease) in Unrestricted Net Assets (206,650) (339,483) 5,452 (540,681) 1,293,692 Changes in Temporarily Restricted AssetsContributions 146,016 - - 146,016 907,438 Net Assets Released from Restrictions (700,100) - - (700,100) (678,118)Increase (Decrease) in Temporarily Restricted Net Assets (554,084) - - (554,084) 229,320 Increase (Decrease) in Net Assets (760,734) (339,483) 5,452 (1,094,765) 1,523,012 Net Assets, Beginning of Year 1,775,624 1,610,284 647,613 4,033,521 2,510,467 Net Assets, End of Year 1,014,890 1,270,801 653,065 2,938,756 4,033,479
FUNDING BREAKDOWN BY SOURCES AND USES
Corporate 34%
Individual 57%
Private Foundation 9%
Fundraising 9%
Management 8%
Program 83%
GRANTMAKING BREAKDOWN BY REGION AND PORTFOLIO
Education 39%
Health and Well-being 26%
Livelihoods 35%
Latin America 33%
Africa 26%
India 17%
E/SE Asia 16%
Turkey & Russia 8%
EVERY DOLLAR DONATED TO EMPOWER IS IMPORTANT TO US. We are constantly working to maximize our impact by leveraging all of our funds. For EMpower’s stability, a Board Reserve and policies for its use were established several years ago. Additionally, our Underwriters provide funds for all of our operational needs, enabling us to assure our individual donors that 100% of their funds go to benefit at-risk youth in emerging market countries.
Financial Highlights
• Granted a record $3.4 million, a 43% increase over last year, drawing down on excess grantmaking reserves totaling $420,000 in the US and the UK, and putting more funds to work to benefit young people in EM countries
• Executed $700,100 worth of strategic program initiatives to benefit our grantee partners through dedicated funding for
adolescent girl programming from the Nike Foundation and the NoVo Foundation
– Learning Exchanges on effectively communicating girls’ stories of change in Mumbai, Delhi and Guangzhou
– Adolescent Girls Learning Community in Mumbai involving eight organizations, 11 staff mentors and 80 girls
– First-ever international exchange on “Shattering Stereotypes,” enabling young women to penetrate job sectors traditionally dominated by males that pay better and offer better security, benefits and opportunities
– Toolkits on evaluation for adolescent girls, and on helping young women enter non-traditional spaces
• Awarded the Charity Navigator 4-star rating for the third straight year, achieved by less than 13% of charitable organizations
*All figures in US$. These financial statements include inter-company eliminations and are shown combined for ease of presentation.
$100k+
Anonymous (3)*
Jonathan Bayliss*
Citi
Jeanie and Joey Lim
Liquidity Finance LLP*
Chris Milner*
Spinnaker Capital*
Lisa and Jim Valone*
The Bradley and Katherine Wickens Foundation
Helene Williamson*
$50k+
Black River Asset Management LLC*
Cargill Trade & Structured Finance
Credit Suisse
James Donald*
Emerging Markets Charity Ball Ltd.
Finisterre Capital*
Sam Finkelstein*
Maddy Foo*
Ben Hall*
Anton Likhodedov*
Llewelyn Charitable Trust
Ashur Nissan*
TPCG Valores*
$25k+
Kirk Alexander*
Marc Balston*
Veronica and Lars Bane
Nicky and James Bindler
Rayson Chung*
CQSM*
Paul Crean
Allison and Benjamin Falloon*
Jules Green
Neil Harvey*
Patrik Sandin and Aasha Pai*
Payden & Rygel*
Okan Pekin*
Greg Piccininno
The Principal Financial Group Foundation
Sole and Nick Riley
SC Lowy*
Elena and Ralph Sueppel
$10k+
Anonymous
Leonardo Arduini
Bank of America Merrill Lynch
Banu Basar
Eric Baurmeister
Rafael Biosse Duplan
Andres Borrego and Maria Paz Garcia-Cancho
Kevin Burke
Olgay Buyukkayali
John Carlson*
Kristin Ceva
Janet and Stephen Chang
Sonal and Rohit Chopra
Tom Cooper*
Xavier Corin-Mick
Credit Suisse Foundation
Lori and Eric Dannheim
Richard Deitz
Amy and Donald Ewer
Roland Fejfar
David Fernandez
Simon Flint
Frode Foss-Skiftesvik
Keith Gardner*
GaveKal
Dolores Garcia and Jaime Robles Gil
Stephen Glynn
Andress Goh
Heitman LLC
Richard Johnston
Mr. and Mrs. Jonathan Kelly
Kathleen Kinsella
Jessica and Nicholas Koh
Mike Lekan and Patty Mao
Michael and Michelle Marrese
MFS
Ricardo Mora
Matt Ryan
Santander
Andrew Seiz
Parvoleta Shtereva
Sophia Foundation
Maddy and Gerald Tan
Sean Tham
Karol Tokarczyk
Divya and Vishal Tourani
Alicia and Bob von Rekowsky
Jed Weiss and Ilana Braun Weiss
Christopher Wilder
Gareth Williams
Marcin Wiszniewski
$5k+
Anonymous
Katherine and Julian Adams
Guy America
Alexandre Barcinski
Pierre-Yves Bareau
Peter Bennett
Nicholas Bibby
Philip Blackwood
Lamine Bougueroua
Courtenay Brown
Manuel Canas
Richard Cohen
Saab Dash
Brett Diment
Matthieu Gervis
Tim Goodell
Anders Haagen
HSBC
Estella and Cliff Huang
Anya Kopyleva
Anjani Trivedi and Rahul Kotwal
Eric Lambi
Annisa Lee
Samuel Liu
Neha Bakshi and Ravi Mankude
Claude and Sofia Marion Foundation
Martin Marron
Mehmet Mazi
Emma McClintock
Colm McDonagh
Paul McNamara
Kayhan Mirza
Morgan Stanley
Ana Luisa and Jens Nystedt
Open Society Foundations
Fernando Ortega
Mark Painting
Manos Papatheofanous
Murray Roos
Michael Schwabe
Britt Shaw
Carsten Stoehr
Patrick Street
Morgan Sze
Khye Hee Tan
Ozan Tarman*
Corrinne Teo
Toru Tokoyoda
Tolga Tuglular
UBS
Bobby Vedral
Boris Vladimirov
Patrick Yeoh
Ka Hay Yip
Erin Wooters and Wai Yip
$2500k+
Anonymous
Hugh Abdullah
Kathleen Bacon
Selim Basak
Carl O Bautista
Kevin Bespolka
Katherine Boeck
David Bowen
David Burnside
Garry Collins
Anthony Correa
Edouard De Langlade
Helmut Englebrecht
David Feld
Mariana and Scot Fischer
Tom Fitzpatrick
Gideon Frank
Paul Gamble
Ignacio Gomendio
Edwin Gutierrez
Silvia Aruj-Haigh and Kay Haigh
Carolina Hatcherian
Florian Hellmich
The Hong Kong Indian Women’s Club
Yanina and Rupert Hope
Stephen Jefferies
Bibi Khonsari*
Howard Koh
Craig Kussel
Carey Lathrop
Chris Mikosh
Robert Milam
Anthony Normand
Luis Oganes
Evan Ouellette
James Parsons
Shelly and Matt Pecot
Pembroke Capital Advisors
Torsten Pfeifer
Graham Pilnik*
Ganesh Ramachandran
Lily and Andrew Riddick
Paul H Rogers and Rosa Lasaosa
Nadia Saliba
Tue Sando
Cristina Scolaro
Mandy and Dan Simmons
Claire and Simon Tallis
Stephanie Van Den Boogaerde
Christine Wang
Alex Williamson
Willie Wong
Tracey and Edward Wu
Brian Yoon
$1k+
Anonymous
Jonathan Abecassis
Patricia Ahn
Audry Ai
Artha Capital
Peter Attard Montalto
Tom Baluk
Derek Bandeen
Beautique International Limited
Amir Ben-Gacem
Gladys Benjamin
*FY2015 UnderwriterOUR DONORS (JULY 1, 2014 - DECEMBER 31, 2015)Thank you for investing in youth across the globe
Pedro Beroy
Andrew Bound
Bravia Capital
Butani Jewellery Limited
Chae and Roy Campbell
Thomas Carlone
Luis Carrillo
Ian Carton
Marco Casas
Marcel Cassard
Candice Wai Hung Chak
Ivan Chan
Anastasia Chunilai
Brian Corbat
Fernando Dammert
Jennifer Dax
Craig DeMaio
Kelsey Deshler
Steven Drobny
Yury Dubrovsky
John Early
Nerys and George Estes
Victor Manuel Gil
Stuart Giles
Carlos Gonzalez
Tracie Gunion
Cathy Hepworth
Michael Hirschhorn and
Jimena Martinez
Felix Hofmann
William Hunt
IFC/EMPEA Global PE Conference Speakers 2015
Alex Ingham
Eric Jayaweera
Tim and Susan Jenson
Stuart Kasdin
Christian Keller
Meryem Kessler
Harold Kim
Aristotel Kondili
Rob Kushen and Dinah Pokempner
Dave Kuufess
David Kuzmanich
Shakil Lalji
Richard Lancaster
Jean-Paul Larcheveque
May Lee
Steven Leininger
Jimmy Lim
Giselle and Jarrad Linzie
David and Myrna Lucey
Cole Mackay
Anju Mahajan
Nadir Mahmud
Warren Mar
Lucy Marriott
Caroline and Paul Masco
Charlotte McBride*
Frank McGann
Tom McManus
Brian McPartland
Shyamli Milam
Victoria Miles
Nelson Minier
Pracheesh Mishra
Murtaza Mohammedbhai
Carolyn and Andrei Morosanu
Guido Mosca
Alister Moss
Maurice Nadjar
Shanky Nanik
Dennis Neveling
Jamie Nicholson
Daniel Origel
Ella and Giles Page
Christina Park
Jay Parshottam
Amanda and Jon Pratt
Lupin Rahman
Tina Raja
Robert Rauch
Sabrina Ricci
James and Lisa Roche
Nick Rustad
Rosemary Safranek
Bruce Schoenfeld
Michael Seltzer and Ralph Tachuk
Kunal Shah
Nohshad Shah
Toland Sherriff
Mark Shuper
Matthew Sim
Leslie Simmons Brille
Prakriti Sofat
Bernard and Karina Steinberg
Michelle Leung and Derek Sulger
Sahil Tandon
Mohit Thakur
Kevin Tham
Dean Tyler
Tina Vandersteel
Bernardo Villela M. Silva
Darren Walker
Christopher Watson
Gregory Wells
Tom Weston
Kathy Shea Westra
Tzvi Whitman
Cheryl Wong
Rupert Wood
Dan Worth
Ben Wulfsohn
Julio Zamora
Tracey and Vincenzo Zinni
$500+
Anonymous
Gaite Ali Msim
Darren Arithoppah
Monica Hsiao and Jean-Marie Barreau
Laurent Benhamou
Martin Bercetche
Vijay Bhojwani
Thomas Blondin
Alexandros Bouzalis
Patricia Bown
Chris Buck
Ana Cabello
Martin Cameo
Khoon Yew Chuah
Elizabeth Chung
Glenn Clarke
Cyril Cottu
Steven Coulis
Charlotte Creager
Wyatt Crosswhite
Anita De
Jack Deino
Andrew Eklund
Francesca Fornasari
Sarvenaz Fouladi
Marina Galstyan
Peter Gillespie
Wike Groenenberg
Mitesh Gupta
Heather Hagerty
Jonathan Hinton
Valerie Ho
Andrew Howells
Michele Hyatt Schneidman
Andreea Koenig
Mousa Kolahdooz
Daniel Kovach
Eugene Krishnan
Craig Kussel
Richard Lawson
Jacqueline Leary
Jackson Leung
Caryn Leventhal
Marc Lewell
Armin Lindtner
Lou McCrimlisk
Jennifer Carver and John McLennan
Deepak Mirchandani
Derek Mo
Pierre Morel
Sam Morgan
Josephine Kai Mun Yuen
Veronica Neumann and Daniel Gutierrez
Ursula Newman
Mariano Pando
Satyan Patel
Adrian Petreanu
The Polyak Family Charitable Fund
Jim Ragusa
Ariana Robles
Chris Rokos
Stanley Rowe
Dino and Nina Saglimbeni
Larry Sanders
Alexander Schay
Michael Schuman
Eugene Seo
Guatam Setty
Eric Shapiro
Lucia Skwarek and Alex Gutierrez
Cady Stone
Kalpesh Suchdev
Peter Sullivan
Isin Sumengen Ziel
Michael Sun
Marcy Swank
Celeste Tambaro
Jack Tan
Jeff Tewlow
Richard Titherington
Clare Turnbull
Peter Urbanczyk
Theodora Vardis
James Vigani
Matthew Vogel
Raju Wadhwani
Peter Wadhwani
Lida Weninger
Ezequiel Weppler
TJ Yen
Linda Yu
Bo Zhao
institutional matching
Aberdeen Asset Management
Bank of America Merrill Lynch
Credit Suisse
DE Shaw
Expedia
Fidelity International
First State Investments
Goldman Sachs & Co.
Morgan Stanley
Noble Group Limited
PIMCO
UBS
donations in- kind
ICBC Standard Securities, Inc.
InVision Communications
OceanBarefoot
*FY2015 UnderwriterOUR DONORS (CONTINUED)
UNDERWRITERS
STAFF
BOARDUnited States
Tom Cooper, GMO
James Donald, Lazard Asset Management
Keith Gardner, WAMCO
Liquidity Finance LLP
TPCG Valores
Jim Valone, Wellington Management Company
United Kingdom
Jonathan Bayliss
Black River (UK)
Citi EM Group (Okan Pekin, Graham Pilnik, Paco Ybarra)
Deutsche Bank EM Group (Marc Balston, Charlotte McBride, Ozan Tarman)
Finisterre Capital
Sam Finkelstein
Devan Kaloo, Aberdeen Asset Management
Anton Likhodedov, Deutsche Bank
Liquidity Finance LLP
Chris Milner
JP Morgan EM Group (Bibi Khonsari, Ashur Nissan, Gergana Thiel)
Spinnaker Capital
Helene Williamson, First State Investments
Hong Kong
Kirk Alexander
Rayson Chung, JP Morgan
Benjamin Falloon, Morgan Stanley
Maddy Foo
Stephen Glynn
Sandeep Gupta, Broad Peak Investment Advisors
Ben Hall
Neil Harvey, Credit Suisse
Nicholas Petronko, Atlas Global Investment Management
Patrik Sandin and Aasha Pai
SC Lowy
United States
Marta Cabrera, President
Cynthia Steele, Executive Vice President and Global Head of Programs
Lee Takakjian, Marketing & Communications Director
Peter Chang, Controller
Carmen Morcos, Senior Program Officer for Latin America
Caitlin Mitchell, Assistant Program Officer
Ciara Masterson, Development Manager
Kayla Kohlenberg, Development & Communications Associate
Jinexa Rivera, Programs Assistant
Shelbi Goldman, Global Operations Assistant
United Kingdom
Neha Broota, Development & Engagement Manager
Theodoros Chronopoulos, Senior Program Officer for Africa
Holly Hawkins, Development & Communications Assistant
Hong Kong
Lucie Kucharova, Development & Engagement Manager
Gritt Richter, Senior Program Officer for East & Southeast Asia
Audrey Chan, Operations & Communications Assistant
Delhi, India
Nisha Dhawan, Senior Program Officer for India & Regional Advisor, Asia
Jayanthi Pushkaran, Assistant Program Officer for India
Istanbul, Turkey
Filiz Bikmen, Senior Program Officer for Turkey
United States
Banu Basar, Bank of America Merrill Lynch
Eric Baurmeister, Morgan Stanley Investment Management
Andres Borrego, Credit Suisse
Marta Cabrera, EMpower
Kristin Ceva, Payden & Rygel
Bill Connolly, Bank of America Merrill Lynch
James Donald, Lazard Asset Management
Beth Fredrick, Johns Hopkins Bloomberg School of Public Health
Michael Hirschhorn, International Human Rights Funders Group
Rupert Hope, Lazard Asset Management
Kathleen Kinsella, CIBC
Robert Kushen, Porticus Foundation
Bob von Rekowsky, Fidelity
Jaime Robles Gil, Citi
Matthew W. Ryan, MFS Investment Management
Jim Valone, Wellington Management Company
United Kingdom
Marc Balston, Deutsche Bank
Jonathan Bayliss
Rafael Biosse Duplan, Finisterre Capital
Marta Cabrera, EMpower
Xavier Corin-Mick
Eric Levine, Citizen Insight
Jeremy Llewelyn
Pontso Mafethe, Comic Relief
Chris Milner
Parvoleta Shtereva, Gemcorp Capital LLP
Ozan Tarman, Deutsche Bank
Gergana Thiel, JP Morgan
Aditi Thorat, Thomson Reuters Foundation
Brad Wickens
Gareth Williams
Helene Williamson, First State Investments
Paco Ybarra, Citi
Vincenzo Zinni
Hong Kong
Kirk Alexander
Marta Cabrera, EMpower
Stephen Chang, JP Morgan Asset Management
Benjamin Falloon, Morgan Stanley
David Fernandez, Barclays Capital
Maddy Foo
Stephen Glynn
Sandeep Gupta, Broad Peak Investment Advisors
Ben Hall
Neil Harvey, Credit Suisse
Richard Johnston
Deborah Lowy
Aasha Pai, Philanthropy Advisor
Marie Rosencrantz, Rosencrantz & Co Ltd
Andrew Seiz, Pine River Capital Management
Vishal Tourani
Lists are current as of March 31, 2016
I New York I London I Hong Kong I
EMpower – The Emerging Markets Foundation
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