Project Redwood

“The form 990 is reviewed in detail with the full board at a board meeting prior to their approval for filing.”

“The conflict of interest policy is monitored and enforced by the president/co-chair and operations director.”

“Project redwood makes its governing documents, conflict of interest policy, financial statements and tax returns available via our website.”

“Project redwood highlights, fy2024-25: in a time of unprecedented global wealth, acute poverty remains a persistent problem. More than 1.5 billion people live in poverty worldwide, including 38 million in the united states alone. Since being founded by stanford mba alumni in 2006, project redwood has provided over $6.5 million in financial catalytic capital, as well as in-kind support, to help nearly 1.1 million people worldwide improve the quality of their lives. In line with our business backgrounds, we focus on education, job training, job creation and entrepreneurship. Much alleviation of poverty occurs at the grass roots level. Project redwood provides support to small innovative social venture nonprofits, funding well-defined projects that will have strong immediate and longer-range outcomes. We supplement grants with mentoring, consulting, and connections to further strengthen these community-based organizations. Project redwood's fy2024-25 milestones include the following: * we completed our second year of operation as an independent 501(c)3 nonprofit, after having been fiscally sponsored for our first 17 years. * we had a strong year in fundraising, with donations from an expanding roster of more than 160 stanford graduate school of business alumni and friends. * our volunteer network also continued to expand, with nearly 100 volunteers representing more than 40 stanford alumni classes now engaged, beyond the founding class of 1980. * we awarded $899,000 in project and impact grants ranging from $24,000 to $40,500 to 28 nonprofit organizations working in africa, latin america, asia and the united states. Other awards brought our total grantmaking during this fiscal year to $911,500. From these seeds of solutions, the grantees achieve measurable impact in their local communities and beyond through education, job creation, job training, or entrepreneurship. Five of our awards were unrestricted impact-building grants to previous grantees with demonstrated potential to grow to scale with our support.”