Village Enterprise Fund
Village enterprise's mission is to end extreme poverty in rural africa through entrepreneurship and innovation. Partnering with governments, nonprofits, united nations agencies, conservation organizations, and private sector companies,
Village Enterprise Fund at a glance
In short: Village Enterprise Fund gave $2.8M across 3 grants in 2025 (avg $936K), mostly in Oregon. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,808,314
- +30.9% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $936,105
- -12.7% vs 2024
- Median grant
- $455,027
- Total assets
- $20,841,149
- +12.2% vs 2024
- Primary geography
- Oregon (83% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Village Enterprise Fund funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Mercy Corps ($2.3M). Together the top 3 received $2.8M.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $1–5M range: 3 grants of 6 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $681K (2021) to $2.8M (2025). In 2025 it made 3 grants totaling $2.8M.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mercy Corps Portland, OR | Subaward funding for dreams project work in uganda and ethiopia | $2,323,287 |
| Idinsight San Francisco, CA | Subaward funding to idinsight for dreams project work in uganda and ethiopia. | $455,027 |
| The Ngogo Chimpanzee Project Phoenix, AZ | Subaward funding for the ngogo chimpanzee project work in uganda | $30,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $20,841,149 | $21,517,758 | $20,984,394 | $2,808,314 | 3 | $768,158 |
| 2024 | $18,573,765 | $17,629,529 | $16,678,907 | $2,144,619 | 2 | $569,654 |
| 2023 | $16,503,296 | $18,562,068 | $12,595,548 | $1,057,563 | 1 | $87,564 |
| 2022 | $9,553,935 | $11,795,930 | $7,739,988 | $1,420,369 | Total only | $1,340 |
| 2021 | $5,608,385 | $5,693,155 | $4,722,961 | $680,658 | Total only | $3,336 |
| 2020 | $4,609,714 | $5,230,383 | $4,095,155 | $794,357 | Total only | $35,062 |
| 2019 | $3,302,575 | $4,499,590 | $4,006,661 | $929,442 | Total only | $1,016 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Village Enterprise Fund
Based on IRS filings
Village Enterprise Fund is a public charity focused on International, Foreign Affairs & National Security, based in San Carlos, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $20.8M in total assets. In 2025, it awarded 3 grants totaling $2.8M. Net investment income was $768K.
Leadership & Key People
Officers and directors from IRS filings
Village Enterprise Fund is led by Dianne Calvi, CEO since 2025 (on filings since 2019); 9 of 23 officers listed in 2025 are compensated.
Officers on the 2025 filing
Dianne Calvi
CEO
CEO & President → CEO, 2025
On filings since 2019
40 hrs/week
$174K (2019) → $274K (2025)
Aleksandra Peters
Chair of Governor & Hr Committee
Chair of Governance & Hr Committee → Director, 2024
Director → Chair of Governor & Hr Committee, 2025
On filings since 2019
2 hrs/week
No compensation reported
Katie Boland
Chair
Director & Chair Since May → Chair, 2020
On filings since 2019
6 hrs/week
No compensation reported
Lisa Guerra
Chair of Nom Committee
Chair of Nominating Committee → Director, 2024
Director → Chair of Nom Committee, 2025
On filings since 2020
1 hr/week
No compensation reported
Debbie Hall
Chair of Development Committee
Chair of Development Committee → Director, 2024
Director → Chair of Development Committee, 2025
On filings since 2023
2 hrs/week
No compensation reported
Zach Hoins
COO & Mang. Director Us
Chief Operating Officer → COO & Mang. Director Us, 2025
On filings since 2022
40 hrs/week
$110K (2022) → $170K (2025)
Jay Friedrichs
Director
On filings since 2019
1 hr/week
No compensation reported
Patrick Brown
Director
On filings since 2019
1 hr/week
No compensation reported
Mary Dosunmu
Director
On filings since 2020
1 hr/week
No compensation reported
Serah Kimani
Director
On filings since 2022
1 hr/week
No compensation reported
Alexis Rwabizambuga
Director
On filings since 2023
1 hr/week
No compensation reported
Evelyn Namara
Director
On filings since 2023
1 hr/week
No compensation reported
Michael Mithika
Director
On filings since 2023
1 hr/week
No compensation reported
Abdi Debela
Chief Financial Officer
On filings since 2023
40 hrs/week
$188K (2024) → $207K (2025)
Celeste Brubaker
Chief Impact Officer
On filings since 2023
40 hrs/week
$95K (2023) → $182K (2025)
Winnie Auma
Cpo & COO
Chief Programs Officer → Cpo & COO, 2025
On filings since 2023
40 hrs/week
$100K (2023) → $137K (2025)
Evelyne Mkungo
Vice President of People & Culture
On filings since 2024
40 hrs/week
$107K (2024) → $129K (2025)
Tadeo Muriuki
Chief Government Relations Officer
On filings since 2024
40 hrs/week
$149K (2024) → $166K (2025)
James Phelan
Vice President of Philanthropy
New on the 2025 filing
40 hrs/week
$167K (2025)
Joseph Mudenge
Vice President of Monitoring & Evaluation
New on the 2025 filing
40 hrs/week
$128K (2025)
Bruce Sewell
Vice Chair
Director & Vice Chair Since May → Vice Chair, 2020
On filings since 2019
2 hrs/week
No compensation reported
Emeka Ajoku
Treasurer
Treasurer → Treasurer & Chair of Finance Committee, 2023
Treasurer & Chair of Finance Committee → Treasurer, 2024
On filings since 2019
2 hrs/week
No compensation reported
Jamie Austin
Secretary
Director → Chair of Impact Committee, 2023
Chair of Impact Committee → Secretary, 2024
On filings since 2019
2 hrs/week
No compensation reported
Former officers (14)
- Former: Caroline Bernadi (2020–2024) — Head of Innovative Financing
- Former: Liz Corbishley (2022–2024) — Chief Strategy Officer
- Former: Ermias Eshetu (2023–2024) — Director · Filing note: From 5/2023
- Former: Brett Slezak (2024) — Vice President of Marketing & Communications
- Former: Barbara Bishop (2019–2023) — Director · Filing note: Until 3/2023
- Former: Joe Chernesky (2019–2023) — Director · Filing note: Until 3/2023
- Former: Joe Dougherty (2019–2023) — Director · Filing note: Until 3/2023
- Former: Larry Wu (2019–2023) — Director · Filing note: Until 3/2023
- Former: Tim Geisse (2019–2023) — Secretary · Filing note: Until 3/2023
- Former: Israel Ghebretsinae (2023) — Chief Financial Officer
- Former: Deborah A. Hall (2019–2022) — Director
- Former: Kathryn Perkes (2019–2022) — CFO & CAO
- Former: Alex Smith (2022) — Director of Development & Marketing
- Former: Lucy Wurtz (2019) — Development Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $274K, to Dianne Calvi (CEO). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Village Enterprise Fund
How much does Village Enterprise Fund give each year?
Village Enterprise Fund gave $2.8M across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.1M across 2 grants.
What is Village Enterprise Fund's typical grant size?
Village Enterprise Fund's median grant in 2025 was $455,027, and its average grant was $936,105, across 3 grants on its 2025 IRS Form 990.
Where does Village Enterprise Fund give grants?
Village Enterprise Fund gives mostly in Oregon: 83% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was California (16%).
Does Village Enterprise Fund give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Village Enterprise Fund's 2025 IRS Form 990 were described as general or operating support.
How large is Village Enterprise Fund?
Village Enterprise Fund reported $20.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $21.5M.
What is Village Enterprise Fund?
Village Enterprise Fund is a public charity focused on International, Foreign Affairs & National Security, based in San Carlos, CA. It holds $20.8M in total assets as of 2025.
What is Village Enterprise Fund's EIN?
Village Enterprise Fund's EIN (Employer Identification Number) is 22-2852248. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS April 24, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS April 27, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
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Village Enterprise Fund down — hundreds of funders to go?