Civic Intelligence

The End Fund Inc

EIN 27-3941186 • 501(c)3 • New York, NY

Profile

The END Fund's mission is to control and eliminate the most prevalent neglected tropical diseases.

2 Park Avenue 28th FloorNew York, NY 10016

www.end.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.07x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

12th percentile

0.04x

Higher debt load relative to revenue than 12% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

11th percentile

-18%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$435,426

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

3rd percentile

-23%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$38,929,869

Down $11,474,008 (-23%) from 2023

Liabilities

Up

$2,786,090

Up $101,156 (+3.8%) from 2023

Net Assets

Down

$36,143,779

Down $11,575,164 (-24%) from 2023

Revenue

Up

$62,672,882

Up $6,280,524 (+11%) from 2023

Expenses

Up

$74,181,557

Up $10,138,644 (+16%) from 2023

Net Income

Down

-$11,508,675

Down $3,858,120 (-50%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2013: $2,952,072Liabilities 2013: $26,083Net Assets 2013: $2,925,9892013Assets 2014: $28,196,472Liabilities 2014: $76,448Net Assets 2014: $28,120,0242014Assets 2015: $25,546,849Liabilities 2015: $83,771Net Assets 2015: $25,463,0782015Assets 2016: $27,069,526Liabilities 2016: $50,213Net Assets 2016: $27,019,3132016Assets 2017: $29,256,045Liabilities 2017: $112,976Net Assets 2017: $29,143,0692017Assets 2019: $45,414,106Liabilities 2019: $213,038Net Assets 2019: $45,201,0682019Assets 2020: $39,399,933Liabilities 2020: $266,258Net Assets 2020: $39,133,6752020Assets 2021: $37,486,570Liabilities 2021: $291,990Net Assets 2021: $37,194,5802021Assets 2022: $58,581,667Liabilities 2022: $2,774,513Net Assets 2022: $55,807,1542022Assets 2023: $50,403,877Liabilities 2023: $2,684,934Net Assets 2023: $47,718,9432023Assets 2024: $38,929,869Liabilities 2024: $2,786,090Net Assets 2024: $36,143,7792024

Highlighted filing

2024

Assets$38,929,869
Liabilities$2,786,090
Net Assets$36,143,779

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0-$50MExpenses 2013: $4,714,1192013Revenue 2014: $26,704,014Expenses 2014: $7,200,615Net Income 2014: $19,503,3992014Revenue 2015: $10,799,719Expenses 2015: $13,456,665Net Income 2015: -$2,656,9462015Revenue 2016: $17,665,991Expenses 2016: $16,109,756Net Income 2016: $1,556,2352016Revenue 2017: $19,141,440Expenses 2017: $17,017,684Net Income 2017: $2,123,7562017Revenue 2019: $44,978,754Expenses 2019: $31,011,608Net Income 2019: $13,967,1462019Revenue 2020: $22,787,083Expenses 2020: $28,854,476Net Income 2020: -$6,067,3932020Revenue 2021: $35,034,243Expenses 2021: $36,973,338Net Income 2021: -$1,939,0952021Revenue 2022: $79,135,799Expenses 2022: $60,493,617Net Income 2022: $18,642,1822022Revenue 2023: $56,392,358Expenses 2023: $64,042,913Net Income 2023: -$7,650,5552023Revenue 2024: $62,672,882Expenses 2024: $74,181,557Net Income 2024: -$11,508,6752024

Highlighted filing

2024

Revenue$62,672,882
Expenses$74,181,557
Net Income-$11,508,675

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 5, 2025
Return Version
2024v5.1
Gross Receipts
$62,698,882
Mission and Program Overview

Mission

The END Fund focuses on delivering neglected tropical disease (NTD) treatments to those in need by growing and engaging a community of activist-philanthropists, managing high-impact strategic investments, and working in collaboration with government, NGO, pharmaceutical, and academic partners. We aim to take a systems approach to understanding, engaging with, and influencing the broad ecosystem of stakeholders working on ending NTDs.

The END Fund's mission is to control and eliminate six neglected tropical diseases: river blindness, lymphatic filariasis, trachoma, schistosomiasis, intestinal worms, and visceral leishmaniasis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$21,352,154$25,896,878▲ $4,544,724
Savings and Temporary Cash Investments$21,040,526$5,379,952▼ $15,660,574
Pledges and Grants Receivable$4,351,235$3,689,911▼ $661,324
Prepaid Expenses and Deferred Charges$702,989$581,759▼ $121,230
Land, Buildings, and Equipment, Net$21,111$13,410▼ $7,701
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$50,403,877$38,929,869▼ $11,474,008
Other Assets Total$2,935,862$3,367,959▲ $432,097
Liabilities
Other Liabilities$2,200,071$1,871,942▼ $328,129
Accounts Payable and Accrued Expenses$484,863$914,148▲ $429,285
Total Liabilities$2,684,934$2,786,090▲ $101,156
Net Assets / Fund Balance
Net Assets With Donor Restrictions$47,422,179$36,206,174▼ $11,216,005
Net Assets Without Donor Restrictions$296,764$-62,395▼ $359,159
Total Net Assets Fund Balance$47,718,943$36,143,779▼ $11,575,164
Total Liabilities and Net Assets / Fund Balance$50,403,877$38,929,869▼ $11,474,008

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$0$135,610$135,610
Equipment$12,091$121,108$133,199
Other Land Buildings$1,319$73,116$74,435
Other Assets Org$130,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Diana Benton SchechterCOO / BOARD SECRETARY (thru June 15, 2024) INTERIM CEO (as of June 15, 2024)FT$394,601$40,825$435,426
Daniel DaleySR VP of Finance and Admin (thru June 15, 2024), Acting COO (as of June 15, 2024)FT$373,799$3,159$376,958
Ellen AglerCEO thru June 15, 2024FT$182,159$135,077$317,236
Mireille MatherVP of Investor RelationsFT$245,865$60,066$305,931
Modupeola OdusoteHead of Culture & TalentFT$227,398$58,495$285,893
Samuel MayerVP of Global Strategic PartnershipsFT$267,765$16,938$284,703
Caroline KarutuVP of ProgramsFT$259,477$21,027$280,504
Ellie DehghanHead of Legal & Global OperationsFT$233,865$33,708$267,573

Board Members and Trustees

NameTitle
Tsitsi MasiyiwaChair
Alan MccormickVice Chair
Christine Wachter CampbellDirector
English SallDirector
Michael HoffmanDirector
Moses BockarieDirector
Scott PowellTREASURER (thru December 1, 2024)

Highest Paid Contractors

ContractorServicesLocationCompensation
Atlas Technology Solutions IncGlobal Employer of Record1331 F Street NW Suite 420, Suite 2100, Washington, DC 20004, Uv$6,306,751
Elevate DestinationsTravel, event meeting service288 Norfolk Street Suite 4, Cambridge, MA 02139$418,619
Davycas InternationalConsulting8212 Old Courthouse Road Ste A, Vienna, VA 22182$338,067
Wi-her LLCConsulting2101 Fourth Avenue, Seattle, WA 98121-2359$255,548
Panorama StrategyConsulting-$254,700
Revenue and Support

Revenue Composition

Contributions and Grants
$61,399,678
Program Service Revenue
$0
Investment Income
$928,656
Other Revenue
$344,548
All Other Contributions
$61,399,678
Change in Net Assets
$-11,508,675

Audited Revenue Reconciliation

Revenue per Audited Statements
$62,672,882
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$62,672,882
Total Revenue per Form 990
$62,672,882
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$50,887,450
Salaries, Compensation, and Employee Benefits$13,046,152
Other Expenses$10,247,955
Total Fundraising Expense$4,628,781
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$40,473,967--$40,473,967
Grants to Domestic Orgs$10,413,483--$10,413,483
Other Salaries and Wages$6,729,968$424,788$1,651,357$8,806,113
Fees for Services Other$4,007,092$652,688$1,185,860$5,845,640
Travel$1,196,382$148,319$361,746$1,706,447
Other Employee Benefits$1,106,904$204,503$349,930$1,661,337
Conferences and Meetings$882,769$91,034$430,163$1,403,966
Payroll Taxes$894,433$119,120$186,447$1,200,000
Current Officers, Directors, Trustees, and Key Employees$499,929$520,834$108,856$1,129,619
Occupancy$252,710$55,452$73,966$382,128
Advertising$168,102$160$117,036$285,298
Information Technology$74,596$140,462$38,748$253,806
Pension Plan Contributions$152,221$28,233$68,629$249,083
Office Expenses$63,737$24,617$20,990$109,344
Insurance$18,328$62,884$7,110$88,322
Fees for Services Accounting-$84,376-$84,376
Fees for Services Legal$30,364$4,170$11,690$46,224
Depreciation Depletion$4,527$1,451$1,723$7,701
Other Expenses$18,408$1,765$5,902$5,902
Total Functional Expenses$66,987,920$2,564,856$4,628,781$74,181,557

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$74,248,046
Expenses per Audited Statements$74,181,557
Total Expenses per Form 990$74,181,557
Expenses Not Reported on Form 990$66,489
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Carter Center IncAtlanta, GA501(c)(3)Ntds$3,173,117
United Front Against RiverblindnessPrinceton Junction, NJ-Ntds$2,345,882
Orbis InternationalNew York, NY501(c)(3)Ntds$2,182,879
Helen Keller InternationalNew York, NY501(c)(3)Ntds$885,410
Ima World HealthWashington, DC501(c)(3)Ntds$787,500
Akros IncMissoula, MT501(c)(3)Ntds$138,695

International Summary

Offices
0
Employees
0
Spending
$41,373,966

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
Yes
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaGrantmakingNtds00$40,641,894
South AsiaGrantmakingNtds00$405,454
Middle East and North AfricaGrantmakingNtds00$326,618
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$1,871,942
Lease Liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

There is no such committee with authority to act on behalf of the governing body. Therefore this question has been checked no.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 is prepared by management in conjunction with the external tax preparers of the organization. When substantially complete it is sent electronically to the board of directors for a review and is presented at the board meeting before it is finalized and filed with the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

The organization has a comprehensive conflict of interest policy that includes a definition of what conflict of interest means, processes to notify relevant parties, procedures to recuse conflicted individuals, and action needed to document the steps that were taken. Each board member is required to complete an annual conflict of interest statement. The signed statements are reviewed and retained by management. All staff and officers are provided a copy of the conflict of interest policy. All staff and officers are required to disclose any direct or indirect financial or other material interest with any proposed or existing arrangement with the organization prior to the start of any negotiation with respect to such matter. In accordance with the organization's conflict of interest policy, any actual or perceived conflicts of interest identified are addressed by the board to determine if corrective or restrictive action, intended to protect the organization's interest, is needed.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The end fund has a policy in place to evaluate the performance and the compensation for the chief executive officer. The board considers similar nonprofit organizations in benchmarking against a peer group, looks at performance of the ceo, and recommends a salary and possibly a bonus amount for the period under review. The organization engages an external compensation consultant to conduct extensive benchmarking research and provide comparability data. A dialogue is facilitated with the ceo at each stage of the review process. Any adjustments to compensation are approved by the full board. The ceo is not present during this stage of the board deliberations and approvals. The deliberations and decisions regarding the review and approval of the ceo's compensation are documented in the minutes to board of directors meeting. The board of directors reviews and approves the ceo's compensation on an annual basis. This process was last done in 2024.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

The compensation for the coo is reviewed and approved by the organization's board of directors. In determining compensation, the organization engages an external compensation consultant to conduct extensive benchmarking research and provide comparability data. The deliberations regarding the determination of compensation took place during the executive session and the decision with regards to compensation was documented. The process for determining compensation is performed on an annual basis.

Form 990, Part VI, Line 19 Required documents available to the public

The organization posts its audited financial statements and the public disclosure copy of the form 990 on its website at www.end.org. The form 990 is also available at www.guidestar.com. Governing documents, conflict of interest policy, and the form 1023 is available to the public upon request, submitted by mail, telephone or email.

Filing and Contact Details

Filer

Filer Name
The End Fund Inc
EIN
27-3941186
Phone
6466909775
Address
2 Park Avenue 28th Floor, New York, NY 10016

Signing Officer

Name
Hannah Chang
Title
Senior Director Finance/Admin
Phone
6466909775
Signed
2025-06-05
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
De
Voting Board Members
6
Independent Board Members
6
Employees
44
Volunteers
8

Preparer

Firm
Crowe Llp
Address
225 West Wacker Drive Suite 2600, Chicago, IL 60606-1224
Preparer
Mallory Fairless
Phone
3128997000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Foreign Exchange Gain/(Loss) - -66489;

Financial Statement Notes

Schedule D, Part III, Line 4 Collections of art - description of collections

5 photographs of artwork which is artistic and photojournalistic, highlighting the consequences of NTDs and stories of the people suffering from them. 1. At the Crossroad of Faith and Reason; This piece depicts the role of traditional religions in Africa plays a key role in formulating and transmitting cultures that bind a community. In this piece, the discourse is around the understanding of the role that traditional medicine plays as it relates to western medicines. As I read, the scientific community's understanding is that traditional beliefs must be reconciled with science in a way that the former is medicine for the spirit while the latter is medicine for the body. 2. The Barriers Within; In most cases of documenting stories relating to disease, many conditions are not only based on lack of access to medical treatment, but also on lack of information. The role of education in prevention and the role of NTDs in access to education creates a vicious cycle that also impacts economics. 3. The Knowledge of Sorrow; Important research done by scientists in Africa relating to NTDs is often not widely documented. The process of eradicating NTDs is not only a road relating to medical administration and engagement of governments, but also requires an understanding of causes and preventions. In this regard, the piece incorporates flies in a glass container as a reflection of the role of the fly. This was inspired by a researcher explaining a technique to capture files for further analysis in the laboratory. Hence, the science of disease is an integral part of finding solutions towards a healthy society. 4. The Valley of my Shadow; Created to address the stigma associated with patients of NTD's. The piece echoes fear, loneliness, and isolation. Even in cases of full recovery, the remnant of stigmatization still has an impact on the individual. In the context of Africa, some choose to live away from their communities or hide away from public reaction to their ailments. All of which also leads to psychological impact, resulting in depression, insecurity, anxiety, and other mental conditions. Hence, human suffering is not only in the physical, but also in our hearts. 5. Trail of the Reaping Light; Through research and reading first encounters regarding patients with NTDs, I came across a story of a woman who became blind from disease and needed her daughter's support to live with the new realities of her lost vision. In the story, the daughter would leave her mother a long rope that led outside to the toilet. Therefore, the piece depicts the sense of helplessness and the fear that must encroach of learning to see with sound.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

Accounting principles generally accepted in the United States of America prescribe requirements for the recognition of income taxes in the financial statements, and the amounts recognized are affected by income tax positions taken by the Organization in its tax returns. The END Fund, Inc. (U.S.) is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization's status as an exempt organization is defined as an income tax position under these requirements. While management believes it has complied with the Internal Revenue Code, the sustainability of some income tax positions taken by the Organization in its tax returns may be uncertain. There are minimum thresholds of likelihood that uncertain tax positions are required to meet before being recognized in the financial statements. Management does not believe that the Organization Fund has any material uncertain tax positions at December 31, 2024 and 2023. Accordingly, no provision or liability for income taxes has been recorded in the financial statements. In addition, the Organization has no income tax related penalties or interest for the periods reported in these financial statements. In the event that interest and penalties were due relating to an unsustainable tax position, they would be treated as a component of income tax expense.

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IRS990/Desc0The END Fund is a leading philanthropic community dedicated to ending six neglected tropical diseases that impact 1.65 billion people globally: intestinal worms, schistosomiasis, lymphatic filariasis, river blindness, trachoma, and visceral leishmaniasis. The END Fund efficiently puts private capital to work, advocating for neglected tropical disease programs that are innovative, integrated and cost-effective. We facilitate strong partnerships with the private sector, government partners, and local programmatic partners to collaboratively support national disease programs. This is done through a proven implementation model that is tailored to meet the needs of individual countries. The END Fund was established as a new model, the first of its kind in the neglected tropical disease field: a philanthropic fund that increases resources, coordination, and collaboration toward the goal of ending neglected tropical diseases, thereby reducing the physical, social, economic, and systemic impact of these diseases for hundreds of millions of people. Our model is designed to mobilize resources to close the neglected tropical disease funding gap through partnerships with global philanthropists and private-sector investors. By pooling funds, the END Fund helps activist-philanthropists make outsized impacts with their investments. Through collaboration with our programmatic partners, we help deliver treatment at scale, accelerate innovations that improve the efficiency of drug delivery, provide program oversight to monitor quality and impact, and bring together partners, advocates, and investors. Because we direct resources and training activities through local partners, who know the landscape and can go where international agencies cannot or will not, we operate successfully and with measurable impact in some of the world's most challenging environments due to war or instability. Our focus has always been on large-scale change and we are committed to investing in and alongside local governments, building in-country technical tools and skills, and incorporating neglected tropical diseases into national health agendas for solid local ownership. In close partnership with stakeholders across the global neglected tropical disease community, the END Fund: Identified gaps and opportunities, by understanding investment needs and gaps in funding for neglected tropical diseases, landscapes investable opportunities, and increases coordination among stakeholders. The END Fund also builds coalitions, by mobilizing and activating collaboration among country-level stakeholders, including ministries of health, programmatic partners, investors, etc. The END Fund designs programs by working with ministries of health and programmatic partners to expand data collection, mapping, and sector knowledge in order to identify compelling program opportunities. The END Fund trains partners by aiming to grow and strengthen the pool of partner organizations to assist local governments in the implementation of quality neglected tropical disease programs. The END Fund manages grants and provides technical support by conducting country program visits and provides partner support, technical assistance, and training as needed. In 2024, the END Fund supported the distribution of 247,323,479 NTD treatments with 152,630,533 people treated across 21 countries by 27 implementing partners. During the same period, 38,100 surgeries were conducted in 12 countries by 15 implementing partners and 1,198,935 health care workers trained across 24 countries by 31 implementing partners.
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