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Grameen America Inc

Public charity · Grantmaker Jackson Heights, NY EIN: 20-8497991 Website

Key facts about Grameen America Inc

EIN
20-8497991
Latest 990 filing
Form 990, 2024
Total assets
$526,174,952

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$526.2M

+40.5% YoY

Revenue

$141.8M

+70.1% YoY

Net Investment Income

$2.9M

+342.1% YoY

Expenses

$45.3M

+37.6% YoY

How Grameen America Inc gives

  • Giving fell 67% from 2020 to 2023. Method

From the foundation's IRS Form 990 filings. Methodology.

About Grameen America Inc

Based on IRS filings

Grameen America Inc is a public charity focused on Community Improvement & Capacity Building, based in Jackson Heights, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $526.2M in total assets. Net investment income was $2.9M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Jackson HeightsJersey CityBethesda

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M2 grants2020 2 grants2021 2 grants2022 2 grants2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $381K (2021) to $2.1M (2022). In 2023 it made 2 grants totaling $680K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

8 grants across all recorded years

<$50K$50–100K3$100–250K1$250–500K2$500K–1M2$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 8 (38%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$50M$100M$150M$200M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$526,174,952$374,435,374$278,769,129
Revenue$141,839,076$83,384,408$46,396,843
Expenses$45,331,257$32,943,033$28,290,820
Net Investment Income$2,918,723$660,219$242,751

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 13, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS October 16, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS October 24, 2024)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Grameen America Inc is led by Andrea Jung, President & CEO on every filing since 2020; 10 of 25 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Andrea Jung

    President & CEO

    On filings since 2020

    40 hrs/week

    $57K (2020) → $638K (2024)

  • Benjamin Farkas

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Karen Pritzker

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Mahmoud Mamdani

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Michael D. Granoff

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Nandita Bakhshi

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Robert Annibale

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Vidar J. Jorgensen

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Jennifer R. Jackson

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Lori Dickerson Fouche

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Adriana P. Torres

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Maria C. Alonso

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Tasmina Rahman

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Mileyka Burgos-Flores

    Director

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Habib Chowdhury

    Vice President & National Operations

    On filings since 2020

    40 hrs/week

    $155K (2020) → $239K (2024)

  • Marcus Berkowitz

    Chief Product & Innovation Officer

    Vice President, Technology & Innovation → Chief Product & Innovation Officer, 2022

    On filings since 2020

    40 hrs/week

    $163K (2020) → $223K (2024)

  • Miriam Benitez Nieves

    Secretary & Vice President of Legal

    Vice President Human Resources → Secretary & Vice President of Legal, 2021

    On filings since 2020

    40 hrs/week

    $175K (2020) → $228K (2024)

  • Professor Muhammad Yunus

    Co-Chair

    Chair → Co-Chair, 2022

    On filings since 2020

    5 hrs/week

    $1 (2020) → $0 (2024)

  • Diana Sacchi

    Chief Human Resources Officer

    On filings since 2021

    40 hrs/week

    $240K (2021) → $290K (2024)

  • Rajitha Swaminathan

    Vice President, Program Strategy & Member Svcs

    On filings since 2021

    40 hrs/week

    $162K (2021) → $230K (2024)

  • Jill Monum

    Vice President, Development & Marketing

    On filings since 2022

    40 hrs/week

    $182K (2022) → $232K (2024)

  • Patricia Choi

    Chief Technology Officer

    On filings since 2022

    40 hrs/week

    $256K (2022) → $350K (2024)

  • Lucas Ramirez

    CFO

    On filings since 2023

    40 hrs/week

    $316K (2023) → $362K (2024)

  • Gregory John Mann

    Vice President, Cult & Engagement

    New on the 2024 filing

    40 hrs/week

    $221K (2024)

  • John F. Megrue

    Co-Chair

    Director → Co-Chair, 2022

    On filings since 2020

    5 hrs/week

    No compensation reported

Former officers (7)
  • Former: Abdul Hai Khan (2020–2023) — Director
  • Former: Alethia Mendez (2020–2023) — Division President
  • Former: David Gough (2020–2023) — Executive Vice President & CFO
  • Former: Antonia Hernandez (2020–2022) — Director
  • Former: Hope Knight (2020–2022) — Director
  • Former: Mary Majewski (2020–2021) — Secretary & General Counsel
  • Former: Mindee Barham (2020–2021) — Vice President of Development

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Andrea Jung — President & CEO: $638KAndrea JungPresident & CEO$638KLucas Ramirez — CFO: $362KLucas RamirezCFO$362KPatricia Choi — Chief Technology Officer: $350KPatricia ChoiChief Technology Officer$350KDiana Sacchi — Chief Human Resources Officer: $290KDiana SacchiChief Human Resources Officer$290KHabib Chowdhury — VP, National Operations: $239KHabib ChowdhuryVP, National Operations$239KJill Monum — VP, Development & Marketing: $232KJill MonumVP, Development & Marketing$232KRajitha Swaminathan — VP, Program Strategy & Member Svcs: $230KRajitha SwaminathanVP, Program Strategy & Member…$230KMiriam Benitez Nieves — Sec. & VP of Legal: $228KMiriam Benitez NievesSec. & VP of Legal$228KMarcus Berkowitz — Chief Product & Innovation Officer: $223KMarcus BerkowitzChief Product & Innovation…$223KGregory John Mann — VP, Cult & Engagement: $221KGregory John MannVP, Cult & Engagement$221K

The highest reported compensation on the 2024 filing was $638K, to Andrea Jung (President & CEO). 10 officers or directors reported compensation on that filing.

Frequently asked questions about Grameen America Inc

How large is Grameen America Inc?

Grameen America Inc reported $526.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $141.8M.

What is Grameen America Inc?

Grameen America Inc is a public charity focused on Community Improvement & Capacity Building, based in Jackson Heights, NY. It holds $526.2M in total assets as of 2024.

Where does Grameen America Inc operate?

Grameen America Inc has awarded grants in Maryland, New Jersey, New York.

What is Grameen America Inc's EIN?

Grameen America Inc's EIN (Employer Identification Number) is 20-8497991. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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