Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 5,061,678 | 4,836,295 | 7,375,221 | 17,273,194 | ||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 5,061,678 | 4,836,295 | 7,375,221 | 17,273,194 | ||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 3,017,497 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 14,255,697 | |||||
Calendar year
(or fiscal year beginning in)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 5,061,678 | 4,836,295 | 7,375,221 | 17,273,194 | ||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 41,435 | 521,343 | 562,778 | |||
| 11 | Total support. Add lines 7 through 10 | 17,835,972 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2022 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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6
Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2023. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
|---|---|
| Schedule A, Part II, Line 10, Explanation of Other Income: | Other Income - 2021 Amount: $ 41,435. 2022 Amount: $ 521,343. |
| Schedule A, Part II | 2020 is the organization's initial and short year. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part I, Line 1 | Rationale for creating AKADEMIYA2063 AKADEMIYA2063 was established to house three major Africawide programs supporting the Comprehensive Africa Agriculture Programme (CAADP) implementation and promoting effective evidence-based development policy-the Regional Strategic Analysis and Knowledge Support System (ReSAKSS), the African Growth and Development Policy (AGRODEP) Modeling Consortium, and the Malabo Montpellier (MaMo) Panel-as well as other programs, projects, and partnerships. AKADEMIYA2063's core programs and other activities aim in different ways to strengthen knowledge systems, promote evidence-based policymaking, and contribute to agricultural and economic development and ultimately to the achievement of the aspirations of the African Union's Agenda 2063-The Africa We Want. Role of AKADEMIYA2063 Inspired by the ambitions of the African Union's Agenda 2063 and grounded in the recognition of the central importance of strong knowledge and evidence-based systems, the vision of AKADEMIYA2063 is an Africa with the expertise we need for the Africa we want. That is an Africa where the available expertise is strong enough and mobilized effectively to meet the continent's development ambitions. This expertise must be responsive to the continent's needs for data and analysis to ensure high-quality policy design and execution. Inclusive, evidence-informed policymaking is key to meeting the continent's development aspirations, creating wealth, and changing livelihoods for the better. Mission & Main Goal AKADEMIYA2063's overall mission is to create, across Africa, state-of-the-art technical capacities to support African Union Member States to achieve the key goals of Agenda 2063 of transforming national economies to boost growth and prosperity. The main goal of AKADEMIYA2063 is to help meet the needs of African countries in terms of data, analytics and mutual learning for the effective implementation of Agenda 2063 and the realization of its outcomes by a critical mass of Member States. Core Values The work of AKADEMIYA2063 is anchored on four core values as noted below. Quality: Quality research for evidence-based decision-making Accountability: Accountability to Africa's development goals & tracking mechanisms Leadership: Leadership in policy research & capacity-strengthening to support AU Member States in CAADP implementation Pan-Africanism: Mobilizing the expertise we need for the Africa we want EO Operations AKADEMIYA2063's program activities are pre-dominantly in the African Continent with its principal office in Kigali, Rwanda and a regional office in Dakar, Senegal. AKADEMIYA2063 also has outposted staff in USA, Germany, Ethiopia and Kenya. In the period 01 July 2021 to 30 June 2022, there were a total of 11 staff in Rwanda, 26 staff in Senegal, 2 staff in Ethiopia, 3 staff in USA, 1 staff in Kenya and 2 staff in Germany (total number 45, average number 33) whereas in the period 01 July 2022 to 30 June 2023, there were a total of 16 staff in Rwanda, 29 staff in Senegal, 2 staff in Ethiopia, 3 staff in USA, 1 staff in Kenya and 2 staff in Germany (total number 53, average number 45). The organisation has movable assets in Rwanda and Senegal and leases office spaces in Kigali and Dakar. The project activities are undertaken in different regions as stated below: 1. The Regional Strategic Analysis and Knowledge Support System (ReSAKSS) Program provides data and related analytical and knowledge products to facilitate CAADP benchmarking. These activities are carried out in African Union (AU) member states, as need arises. 2. The African Growth and Development Policy (AGRODEP) Program activities aim at enabling and supporting African experts to take a leading role studying strategic development issues facing Africa hence has an African-wide footprint. 3. The Malabo Montpellier (MaMo) Panel convenes 18 leading experts in agriculture, engineering, ecology, nutrition, and food security. These experts work with African governments to accelerate progress toward food security and improved nutrition. The program activities cut across the African continent. 4. The Food System Resilience Program (FSRP) studies were carried out in the West African countries. 5. The Food System Transformative Integrated Policy (FS-TIP) activities were undertaken in Ghana and Malawi. 6. Feed the Future Policy Leadership, Interactions, Networks and Knowledge (Policy LINK) project activities were undertaken within the African continent but primarily concentrated in six African countries of Angola, Cabo Verde, Gambia, Niger, South Africa, and Zimbabwe. 7. Improving Sanitary and Phytosanitary Systems (SPS) in Africa for Food Security and Trade Project work is undertaken in AU member states. 8. The Bioeconomy as a Political Process (Bio-Pop) activities were undertaken in Senegal and Ghana. This project had reportable expenses in the current period though the period of performance ended in the previous year. 9. In collaboration with the African Union Commission (AUC) and Food and Agriculture Organization (FAO), AKADEMIYA2063 undertook assessments in Ghana, Kenya and South Africa aimed at supporting implementation of the African Continental Free Trade Area (AfCFTA). This project had reportable expenses in the current period though the period of performance ended in the previous year. 10. Research activities for the Climate adaptation support program (CASP) within the wider Africa Adaptation Acceleration Program (AAAP) are being carried out in a number of African countries (predominantly in West Africa) but with special emphasis on Democratic Republic of Congo (DRC), Senegal, Ethiopia, Nigeria, Kenya and Mali. 11. The Policy, Evidence, Analytics, Research and Learning (PEARL) project activities were carried out in the AU member states. 12. Pro-sahel - innovation and technology in small scale irrigation systems for small- scale producers in the Sahel project activities were undertaken in Niger and Burkina Faso. This project(s) had reportable expenses in the current period though the period of performance ended in the previous year. 13. The activities for the project "Support for the Implementation of the Paris Agreement on Climate Change in Africa- CACCI" are undertaken in the AU member states. 14. The African Agriculture Trade Monitor (AATM) program undertakes an analysis of agricultural trade in Africa. 15. Digitally Enabled Resilience and Nutrition Policy Innovations (DERPIn) Project has activities in Rwanda, Senegal, Malawi, Ghana and Uganda. It works in close collaboration with in-country partners in these countries. 16. Ukama Ustawi (UU): Diversification for resilient agrifood systems in East and Southern Africa (ESA Project has activities in twelve (12) focus countries in East and Southern Africa. 17. Other reportable project and program activities include: Research and Services Network for Responsible Artificial Intelligence for Climate Action Innovation in Africa (RESEN-RAICAIA); Implications of the Russia / Ukraine crisis on food and agriculture markets in African countries South of the Sahara (SSA); State of African food systems and impact of COVID-19: Building resilience into Africa's Food systems to deliver healthy diet and improved nutrition. |
| Form 990, Part III, Line 1 | Program Accomplishments During the reporting period, AKADEMIYA2063 successfully maintained progress under its core programs and projects. Key accomplishments are summarized below: 1. Publication of flagship annual reports and publications under AKADEMIYA2063's core programs continued and were successfully launched during high-level policy events with international development partners, policymakers, and researchers. These peer-reviewed publications include: i) the 2022 Africa Agriculture Trade Monitor (AATM), successfully launched under the AGRODEP Modeling Consortium and the ReSAKSS programs in a virtual event on September 27, co-organized by AKADEMIYA2063 and IFPRI. The report examines the impact of the African Continental Free Trade Area (AfCFTA) on African economies, focusing on intra- and extra-regional trade flows and the trade policy of the Economic Community of Central African States (ECCAS). ii) the 2022 Annual Trends and Outlook Report (ATOR), focusing on "Agrifood processing strategies for successful food systems transformation in Africa," was successfully launched during the high-level opening session of the 2022 ReSAKSS Annual Conference on October 25-27 in Harare, Zimbabwe, bringing together approximately 150 participants. iii) the 11th edition of the MaMo Panel report, themed "Policy innovations to unlock climate finance for resilient food systems in Africa," was successfully launched during the technical session of a high-level biannual meeting of the MaMo Forum on December 05, 2022, in Dakar, Senegal. iv) the 12th edition of the MaMo Panel report, entitled "Bridging the Gap: Policy Innovations to Put Women at the Center of Food Systems Transformation in Africa," was successfully launched during a virtual session of the high-level biannual meeting of the MaMo Forum on June 08, 2023, garnering over 120 participants. 2. During the period, AKADEMIYA2063 successfully provided technical support through the ReSAKSS program to the Comprehensive Africa Agriculture Development Programme (CAADP) Biennial Review (BR) process, a country-wide process for assessing progress in meeting the Malabo Declaration Commitments by 2025. In addition to data analysis, capacity building, and policy advice, this technical support also includes the publication of CAADP BR Briefs that analyze the performance of African countries and Regional Economic Communities (RECs) in meeting their Malabo Declaration Commitments. 3. AKADEMIYA2063 successfully hosted a three-day conference on March 21-23 in Kigali, Rwanda to relaunch the activities of the AGRODEP Modeling Consortium. Themed "Building Resilient African Food Systems amid Health, Conflict and Climate Disruption," the conference reviewed progress in AGRODEP activities and provided a platform for sharing research outputs, in a bid to remobilize membership, strengthen ties, and reconnect its members in various networks. 4. Africa Agriculture Watch (AAgWa) was officially launched on April 27, 2022, as the fourth core program of AKADEMIYA2063, employing cutting-edge machine learning techniques and remotely-sensed data to predict agricultural yields and production levels for 9 crops across 47 African countries in support of driving further agricultural productivity and strengthening resilience across the African continent. 5. AKADEMIYA2063 also successfully launched two new projects during the reporting period: i. the Comprehensive Africa Climate Change Initiative (CACCI) in Senegal in partnership with the Centre de Suivi Ecologique (CSE) on September 27, 2022, and in Rwanda in partnership with the Rwanda Environmental Management Authority (REMA) on January 12, 2023; and ii. the Digitally Enabled Resilience and Nutrition Policy Innovations (DERPIn) Project in Rwanda in partnership with the Pan African Farmers Organisation (PAFO) on February 22, 2023. 6. AKADEMIYA2063 successfully continued its series of publications and policy outreach events on i) the Ukraine Crisis and African Economies, ii) the AKADEMIYA2063 Working Papers (AWPS), and iii) concluded the COVID-19 publications during the period. Moreover, three new publications series were successfully initiated, including i) CACCI Field Notes, ii) AAgWa Crop Production Forecasts, and iii) the AKADEMIYA2063 Policy Papers. EO Funding Sources For the current and prior reporting periods, the Organisation received funding from: 1. USA - the United States Agency for International Development (USAID), the United Stated Department of Agriculture (USDA), the Bill & Melinda Gates Foundation (BMGF) and The World Bank Group. 2. Europe - (German Federal Ministry for Economic Cooperation and Development (BMZ), the UK's Foreign, Commonwealth & Development Office (UKAid/FCDO), the Global Center on Adaptation (GCA), the Food and Agriculture Organization of the United Nations (FAO), and the University of Kiel, Germany. 3. Africa - the African Development Bank (AfDB), the Alliance for a Green Revolution in Africa (AGRA), and the Africa Academy for Public Health (AAPH). 4. AKADEMIYA2063 was also a sub-recepient of funds from: a. African Population and Health Research Center (APHRC) who received funds from International Development Research Centre (IDRC), Canada b. The Alliance for a Green Revolution in Africa (AGRA), a lead grantee for an FCDO funded project titled "Implications of the Russia / Ukraine crisis on food and agriculture markets in African countries South of the Sahara (SSA)" c. DAI Global LLC for a USAID-funded Policy LINK program d. Imperial College London, a lead grantee for an FCDO-funded MaMo project e. The West African Science Service Center on Climate Change and Adapted Land Use (WASCAL) for an IDRC-funded "RESEN-RAICAIA Project" f. The University of Bonn, for a BMZ-funded initiative known as "Program of Accompanying Research and for Agricultural Innovation (PARI)" g. Deutsche Gesellschaft fr Internationale Zusammenarbeit GmbH (GIZ) for projects funded by BMZ namely "African Agriculture Trade Monitor (AATM) and "Digitally Enabled Resilience and Nutrition Policy Innovations (DERPIn)" h. International Water Management Institute (IWMI), being a Lead Grantee of a Ukama Ustawi (UU) project which was funded by Consultative Group on International Agricultural Research (CGIAR) |
| Form 990, Part III, line 2 | The EO received the following new funding during the reporting period (1) A 27-month funding from GIZ for a project titled "Digitally Enabled Resilience and Nutrition Policy Innovations" (2) A 7-month funding from World Bank to undertake an impact evaluation of the West Africa Food System Resilience Program (FSRP) (3) A 22-month project to provide support for the implementation of the Paris Agreement on Climate Change in Africa, with a focus on Nationally Determined Contributions and National Action Plans funded by USAID through MSU (being a Lead Grantee) (4) A project known as "Ukama ' Ustawi (UU): Diversification for resilient agrifood systems in East and Southern Africa; funded through IWMI by CGIAR (5) A four-year BMZ-ZEF funding to support Malabo Montpellier (MaMo) Panel Programs (6) An extension of funding from USAID through IFPRI (Lead Grantee) to support the AUC CAADP Programme (7) The Organization also received a small grant from The Africa Academy for Public Health (AAPH) for its contribution the FHERA report that was published in the Lancet Journal. |
| Form 990, Part III, line 3 | A few projects and initiatives achieved its objectives during the year hence their activities ceased as per the terms of the contracts. These were the: (1) PolicyLINK Project that was funded by USAID through IFPRI (2) Concurrent FAO funded projects that had activities in Niger and Burkina Faso respectively (3) An FAO funded project titled "Support for boosting intra-african trade in agricultural commodities and services to advance the implementation of the AfCFTA project number TCP/RAF/3708" (4) A project funded by IDRC through APHRC that supported Policy Foundations, Country Dialogues and Analytics for Food System Transformative Integrated Policy (FS-TIP) in Rwanda, Malawi and Ghana (5) Stakeholder engagement events led by University of Kiel with the support from AKADEMIYA2063 in Senegal and Ghana. Some of these program services though having come to an end by the start of the year, had residual costs that were paid and reported in the current reporting period. |
| Form 990, Part VI, Section A, line 1a | The EO has five major Board Committees, these are: (1) The Executive Committee (2) The Program and Development Committee (3) The Nominating Committee (4) The Audit Committee, and (5) The Development Committee. The business of the governing body (Board of Trustees) may be designated to an Executive Committee that shall have the power to act for the Board in the period between Board meetings as well as on matters that the Board specifically delegates to it. All interim actions of the Executive Committee shall be reported to the full Board at its next meeting. The Executive Committee shall be comprised of three trustees: the Executive Chairperson, the Vice Chairperson and the Chairperson of the Audit Committee. All the Executive Committee members are members of the governing body. The Executive Committee shall: a) Act, as empowered by the Board, on behalf of the Board as the need arises between full meetings of the Board; b) Handle, with the Board's agreement, sensitive matters that are best kept within a smaller rather than a larger group; c) Assist the Board Chairperson and the Managing Director in preparing the agenda for regular meetings of the Board; d) Identify issues that should be brought to the attention of the Board Committees; e) Conduct an annual review of the performance of the Managing Director and later reporting the review and terms to the full Board; and f) Set the terms of the Managing Director's compensation. The Executive Committee exercised this authority during the reporting period. |
| Form 990, Part VI, Section A, line 4 | In the current reporting period, the organization did a strategy refresh of its 2021 - 2025 Strategy hence a new Strategic Focus for 2023 - 2027. In addition, the EO developed a Fiduciary Management Policy. |
| Form 990, Part VI, Section A, line 6 | The EO established a District of Colombia (DC) Non-profit Corporation whose sole member is Dr. Ousmane Badiane. However, the Corporation may choose to accept applications for General Members (hereinafter "General Members") into the Corporation. General Members shall not have the same rights and privileges as the Membership. Instead, the rights and privileges of General Members shall be governed by the board-approved General Members Policies. |
| Form 990, Part VI, Section A, line 7b | The non-profit corporation's membership in addition to other rights, powers and privileges exercised jointly with the governing body, has the below powers over and above those of the governing body (1) Power to accept or reject any vote, decision, or recommendation by the Board of Directors, including but not limited to the Annual Budget of the Corporation (2) To remove any officer or member of the Board of Directors at any time, regardless of the term for which such member may have been elected. |
| Form 990, Part VI, Section B, line 11b | The management of the Organization and an outside US auditor review and approve a draft of the Form 990 before it is filed by the outside reviewer. |
| Form 990, Part VI, Section B, line 12c | Apart from ensuring that all employees are informed and trained on the Conflict of Interest Policy, the EO requires all employees to complete annual Conflict of Interest Questionnaire, listing all entities in which they have a Financial or Control Interest in, reporting any previously disclosed and approved potential conflicts of interest. AKADEMIYA2063 keeps a written record of the conflict of interest and how it dealt with it in the Minutes of Board meetings. A Register of Conflicts of Interest is maintained for the purpose of identifying and recording conflicts. This will be circulated at each BOT meeting and is completed by all board members. A Register of other Board Membership that the trustees of the Board hold shall be kept and updated at every meeting. |
| Form 990, Part VI, Section B, line 15 | The Executive Committee of the Board shall set the terms of the Managing Director's compensation. This remuneration will rely on the EO's Human Resources Policies and Procedures which specifies that the salaries and conditions of service of staff shall be established by reference to those of similar employers as identified by a salary survey. The salaries and conditions of service of staff shall be established by reference to those of similar employers as identified by a salary survey. Comprehensive salary surveys are conducted every three years. The salary survey report will be presented to the Board of Trustees by the MD. Board approval is required for implementation of any compensation and changes thereof. |
| Form 990, Part VI, Section C, line 19 | Governing documents, conflict of interest policy, and financial statements are available to the public upon request. |
| Form 990, Part VI, Line 1b | All the members of the EO's governing body except the Executive Chairperson and the Senior National Director (who is a representative of the host country, Rwanda), are independent voting members. According to the Board Manual, AKADEMIYA2063 trustees, other than the Executive Chairperson, the Senior National Director representing the host country Rwanda and the Managing Director serving ex officio shall serve in a personal capacity. |
| Form 990, Part IX, line 11g | Research related contractors: Program service expenses 1,244,894. Management and general expenses 4,800. Fundraising expenses 0. Total expenses 1,249,694. |
| Form 990, Part XII, line 2c | The organization has a committee that assumes responsibilities for oversight of the audit. The oversight and selection process has been consistent as prior years. The funding received from USAID and which could be subject to Single Audit Act and OMB Circular A-133 was received through a Lead Grantee, that is, DAI Global, LLC. The organization is currently working with DAI and outside independent accounting firms to assess the required audit as set forth in the Single Audit Act and OMB Circular A-133. |
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