Indaba Education Fund Inc DBA Indaba Foundation
Indaba Education Fund Inc DBA Indaba Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $79K in total assets. In 2024, it awarded 3 grants totaling $163K. Net investment income was $60.
Indaba Education Fund Inc DBA Indaba Foundation at a glance
In short: Indaba Education Fund Inc DBA Indaba Foundation gave $163K across 3 grants in 2024 (avg $54K). Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $162,708
- +8.5% vs 2023
- Grants made (2024)
- 3
- +50.0% vs 2023
- Average grant
- $54,236
- -27.7% vs 2023
- Median grant
- $34,208
- Total assets
- $79,234
- +613.0% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Indaba Education Fund Inc DBA Indaba Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Sustainability Institute ($128K). Together the top 3 received $163K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 3 grants of 11 (27%).
How Indaba Education Fund Inc DBA Indaba Foundation gives
- Giving fell 61% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $150K (2023) to $419K (2021). In 2024 it made 3 grants totaling $163K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sustainability Institute | To Fund Pre-School Classroom Programs | $127,771 |
| Indaba Montessori Institute | To fund early childhood education teacher training programs in the winelands of south africa | $34,208 |
| Association Montessori Internationale | To support the various training programs of the ngo | $729 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $79,234 | $562,293 | $495,596 | $162,708 | 3 | $162,708 | $60 |
| 2023 | $11,113 | $350,055 | $418,818 | $149,965 | 2 | $149,965 | — |
| 2022 | $47,352 | $640,069 | $638,593 | $396,048 | 2 | $396,048 | — |
| 2021 | $33,739 | $601,775 | $658,763 | $419,375 | 2 | $419,375 | $11 |
| 2020 | $94,762 | $419,191 | $450,431 | $410,083 | 2 | — | $8 |
Leadership & Key People
Officers and directors from IRS filings
Indaba Education Fund Inc DBA Indaba Foundation is led by Andre Shearer, President on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Andre Shearer
President
On filings since 2020
10 hrs/week
$135K (2021) → $109K (2024)
Fabio Ficano
Director
On filings since 2020
1 hr/week
No compensation reported
Jess Schulschenk
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Nico Redelinguys (2020) — Director
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
The highest reported compensation on the 2024 filing was $109K, to Andre Shearer (President).
Frequently asked questions about Indaba Education Fund Inc DBA Indaba Foundation
How much does Indaba Education Fund Inc DBA Indaba Foundation give each year?
Indaba Education Fund Inc DBA Indaba Foundation gave $163K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $150K across 2 grants.
What is Indaba Education Fund Inc DBA Indaba Foundation's typical grant size?
Indaba Education Fund Inc DBA Indaba Foundation's median grant in 2024 was $34,208, and its average grant was $54,236, across 3 grants on its 2024 IRS Form 990-PF.
Does Indaba Education Fund Inc DBA Indaba Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Indaba Education Fund Inc DBA Indaba Foundation's 2024 IRS Form 990-PF were described as general or operating support.
How large is Indaba Education Fund Inc DBA Indaba Foundation?
Indaba Education Fund Inc DBA Indaba Foundation reported $79K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $562K.
What is Indaba Education Fund Inc DBA Indaba Foundation's EIN?
Indaba Education Fund Inc DBA Indaba Foundation's EIN (Employer Identification Number) is 47-1713004. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 15, 2024)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
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