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Americares Foundation INC

Public charityFed auditsIRS 990990-T FY2023
DBA: % TIFFANY HASKINS
Other · STAMFORD, CT · EIN 06-1008595

About

As one of the world's leading nonprofit provider of donated medicines and supplies, americares reached 90 countries in FY23 with medicine, medical supplies, support and technical assistance valued at more than $1.47 billion through our medicine security, emergency programs and health services programs. Americares mission is to saves lives and improves health for people affected by poverty or disaster so they CAN reach their full potential. To accomplish this, americares invests in local health centers: when local health centers thrive, so do people in their communities with better health, more opportunities and increasingly productive lives. Americares reaches an unrivaled network of 4,000 local, national and international health care institutions and facilities that include hospitals, clinics, local health centers, ministries of health and nonprofit health care networks and providers. Working through this network, americares has three CORE programs: medicine security: increasing access to critical medicine and medical supplies; emergency programs: helping communities prepare for, respond to and recover from disasters; and health services: improve and expand health services, prevent disease and promote good health. Across its programs, americares prioritizes mental health, women's and children's health, treatment and prevention of infectious diseases and management of hypertension and diabetes. Through collaboration with our extensive worldwide partner network, we implemented 411 health projects and leveraged more than $1.38 billion worth of donated and procured commodities to respond to emergencies and relieve shortages of medicines and supplies. This support included enough medicine to FILL more than 32.2 million prescriptions and more than 4.5 million units of supplies. Through medicine alone, we estimate that we improved the health of 8.1 million people.

In care of Tiffany Haskins

Donations are tax-deductible
Category
Other
Employees
265
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$1.6B
Expenses
$1.5B
Assets
$380.2M
Liabilities
$19.0M

Financial history

$2.4B$1.2B$0
17181920212223
RevenueExpenses
Latest FY2023: $1.6B · Peak FY2017: $2.4B · Avg: $1.5B

Foreign activity (Schedule F)

Total spent abroad$402.0M
Foreign employees383
Foreign offices17
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA / CARIBBEAN
EAST ASIA AND THE PACIFIC
EUROPE
MIDDLE EAST AND NORTH AFRICA
RUSSIA AND NEIGHBORING STATES
SOUTH AMERICA
NORTH AMERICA
SOUTH ASIA
SUB-SAHARAN AFRICA
CENTRAL AMERICA / CARIBBEAN
EAST ASIA AND THE PACIFIC
EUROPE
MIDDLE EAST AND NORTH AFRICA
NORTH AMERICA
RUSSIA AND NEIGHBORING STATES
SOUTH AMERICA
SOUTH ASIA
SUB-SAHARAN AFRICA

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$1.7B
AMERICARES FOUNDATION INC
Your actions

Address

88 Hamilton AVE
Stamford, CT, 06902-310

Governance

Voting board members23
Independent members22
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %81.0%
Permanent endowment %13.0%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$17.9M
Net to org$16.6M
Retained by contractors$1.3M
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
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