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Omidyar-Tufts Active Citizenship Trust

Public charity990-T FY2023
DBA: % TAX DEPT
Other · MEDFORD, MA · EIN 04-3828582

About

The purpose of the fund is to support, benefit, and carry out the purposes of its public charity beneficiaries, including the Trustees of Tufts College, by making investments that have an impact on a range of societal challenges by empowering people to accelerate positive change. During the year ended June 30, 2023, the Omidyar-Tufts Active Citizenship Trust disbursed $6.1 million in investments. At June 30, 2023 the fund had made 40 investments and $209 million in investment commitments since inception. To date, the fund has provided investment capital in North America, Latin America, Africa, Europe and Central Asia. The fund currently has investments in 45 countries. The sectors in which the Trust invests are currently as follows: (a) Economic Inclusion: including, but not limited to, financial inclusion (microfinance, microinsurance, payments & remittances, etc.), enabling small- and medium-sized enterprises, community development, entrepreneurial ecosystems, and economic resilience; (b) Health & Wellness: including, but not limited to, healthcare services & delivery, drug development and biotechnology, wellness & healthy lifestyles, and addressing environmental & social determinants of health; (c) Real Estate: including, but not limited to, affordable housing, workforce housing, and community institutions (e.g., schools; medical facilities); (d) Education: including, but not limited to, early childhood & k-12 education, workforce training, education technology, educator training, student finance, and personalized & adaptive learning; (e) Access to Energy & Natural Resources: including, but not limited to, clean water & water rights, distributed power generation and grid and off-grid energy access. (f) Social Institutions: including, but not limited to, internet privacy & digital rights, technology that increases accountability and transparency, and tools that enable and empower civic engagement.

In care of TAX DEPT

Donations are tax-deductible
Category
Other
Employees
0
Volunteers

Financial Snapshot

FY ending 2023-06-30
Revenue
-$5.5M
Expenses
$1.1M
Assets
$100.9M
Liabilities
$7.3M

Financial history

$3.8M$1.9M$0
1617181920212223
RevenueExpenses
Latest FY2023: -$5.5M · Peak FY2019: $3.8M · Avg: -$903K

Foreign activity (Schedule F)

Total spent abroad$35.5M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean
Europe (Including Iceland and Greenland)
North America (Canada & Mexico only)
Sub-Saharan Africa
Europe (Including Iceland and Greenland)
OMIDYAR-TUFTS ACTIVE CITIZENSHIP TRUST
Your actions

Address

80 George ST
Medford, MA, 02155-551

Governance

Voting board members5
Independent members4
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Used comp surveyYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %0.0%
Endowment held by related orgNo
Public records
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