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Village Enterprise Fund

Public charity · Grantmaker San Carlos, CA EIN: 22-2852248 Website

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,

Key facts about Village Enterprise Fund

In short: Village Enterprise Fund gave $2.8M across 3 grants in 2025 (avg $936K), mostly in Oregon. Source: 2025 IRS Form 990.

EIN
22-2852248
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$2,808,314
Grants made (2025)
3
Average grant
$936,105
Median grant
$455,027
Total assets
$20,841,149
Primary geography
Oregon (83% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$20.8M

+12.2% YoY

Annual Giving

$2.8M

+30.9% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$936K

-12.7% YoY

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

PhoenixPortlandSan Francisco

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3MTotal only2019 Total only2020 Total only2021 Total only2022 1 grant2023 2 grants2024 3 grants2025

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.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Mercy Corps: $2.3MMercy Corps$2.3MIdinsight: $455KIdinsight$455KThe Ngogo Chimpanzee Project: $30KThe Ngogo Chimpanzee Project$30K

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

1<$50K1$50–100K$100–250K1$250–500K$500K–1M3$1–5M$5M+

The most common grant size was in the $1–5M range: 3 grants of 6 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Mercy Corps Portland, ORSubaward funding for dreams project work in uganda and ethiopia$2,323,287
Idinsight San Francisco, CASubaward funding to idinsight for dreams project work in uganda and ethiopia.$455,027
The Ngogo Chimpanzee Project Phoenix, AZSubaward funding for the ngogo chimpanzee project work in uganda$30,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10M$20M$30M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$20,841,149$18,573,765$16,503,296
Revenue$21,517,758$17,629,529$18,562,068
Expenses$20,984,394$16,678,907$12,595,548
Net Investment Income$768,158$569,654$87,564

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS April 24, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS April 27, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)

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

Dianne Calvi — CEO: $274KDianne CalviCEO$274KAbdi Debela — Chief Financial Officer: $207KAbdi DebelaChief Financial Officer$207KCeleste Brubaker — Chief Impact Officer (Until 5/25): $182KCeleste BrubakerChief Impact Officer (Until…$182KZach Hoins — COO (Until 12/24), Mang. Dir US (From 1/25): $170KZach HoinsCOO (Until 12/24), Mang. Dir US…$170KJames Phelan — VP of Philanthropy (Until 2/25): $167KJames PhelanVP of Philanthropy (Until 2/25)$167KTadeo Muriuki — Chief Government Relations Officer: $166KTadeo MuriukiChief Government Relations…$166KWinnie Auma — Cpo (Until 12/2024), COO (From 1/25): $137KWinnie AumaCpo (Until 12/2024), COO (From…$137KEvelyne Mkungo — VP of People & Culture: $129KEvelyne MkungoVP of People & Culture$129KJoseph Mudenge — VP of Monitoring & Evaluation: $128KJoseph MudengeVP of Monitoring & Evaluation$128K

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.

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