Trickle Up Program (Trickle Up) reports that it partners with governments, global institutions, and local organizations to provide impoverished individuals with seed capital grants, skills training and coaching, and support to create a small business. The organization states that it focuses on women, people with disabilities, individuals from rural areas, indigenous groups, and refugees. Trickle Up's Graduation program forms savings groups with women in villages and provides a seed capital grant to start business activities. The program allows women to learn to save, access credit, build skills, and receive one-on-one coaching to develop livelihood plans for the future. In 2018, the organization states that it served 160,127 individuals in 19 countries.
For the year ended August 31, 2018, Trickle Up Program's program expenses were:
Program implementation |
$2,426,288 |
Technical assistance |
$1,380,245 |
Public education |
$470,070 |
Program support |
$467,311 |
Research |
$367,847 |
Total Program Expenses: |
$5,111,761 |
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Chief Executive
William Abrams, President
-
Compensation*
$189,347
-
Chair of the Board
Penelope Foley
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Chair's Profession / Business Affiliation
Group Managing Director, TWC Group, Inc.
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Board Size
20
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Paid Staff Size
66
*2017 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 14% of related contributions. (Related contributions, which totaled $3,775,138 are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Trickle Up Program's audited financial statements for the year ended August 31, 2018.
Source of Funds |
Contributions |
$2,821,256 |
Government grants and contracts |
$1,803,918 |
Special events, net |
$777,130 |
Investment income, net |
$339,796 |
In-kind contributions |
$166,752 |
Other income |
$34,467 |
Bequests |
$10,000 |
Interest income - operating accounts |
$3,309 |
Total Income |
$5,956,628 |
- Programs: 81%
- Administrative: 11%
- Fundraising: 8%
Total Income |
$5,956,628 |
Program expenses |
$5,111,761 |
Fundraising expenses |
$514,865 |
Administrative expenses |
$700,027 |
Other expenses |
$0 |
Total expenses: |
$6,326,653 |
Income in Excess of Expenses |
$-370,025 |
Beginning Net Assets |
$10,995,193 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$10,625,168 |
Total Liabilities |
$861,390 |
Total Assets |
$11,486,558 |
Note: According to Trickle Up's audited financial statements for the year ended August 31, 2018, the organization received $166,752 in contributed goods and services including video production ($88,600), legal services ($36,112), and advertising ($31,040).