Concept Foundation identifies, innovates and enables equitable access to quality-assured, affordable, essential sexual and reproductive health medicines and technologies.

85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $29K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
6 mo
of spending, in cash
Looks good: 5.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2.0M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.9M
84% of total assets
Concern: liabilities are 84% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.4M
+107% vs prior year
Spent
$6.4M
To programs
85%
Net assets
$549K
By yearFY2021–FY2025
Revenue
$6.4M
FY2024▲ +107%
Tap a bar for its year
Revenue by fiscal year
FY2021$3.9M
FY2022$2.6M
FY2023$3.1M
FY2024$6.4M
FY2025$5.0M
Expenses
$6.4M
FY2024▲ +93%
Tap a bar for its year
Expenses by fiscal year
FY2021$3.4M
FY2022$2.7M
FY2023$3.3M
FY2024$6.4M
FY2025$4.9M
Net assets
$549K
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2021$913K
FY2022$795K
FY2023$566K
FY2024$549K
FY2025$581K

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $5.4M Management & general 15% · $981K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$0Pt VII · Sec A
Director of Programme
$0Pt VII · Sec A
Senior Programme Manager
$0Pt VII · Sec A
Programme Officer
$0Pt VII · Sec A
Research Manager
$0Pt VII · Sec A
Project Manager
$0Pt VII · Sec A
Communication Manager
$0Pt VII · Sec A
$0Pt VII · Sec A
See Concept Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Ensures affordable access to quality sexual and reproductive health medicines and technologies.

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Provided by the organization

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3 programs · $5.4M · in their own filed words · FY2023
01

Research and Innovation

Concept Foundation conducts research, identify develop and evaluate new and neglected high potential sexual and reproductive health (SRH) medicines and technologies. We scan and review the field to identify SRH products that are likely to be safe and effective and in parallel reduce inequities in our efforts to achieve Universal Health…

$4.7Mprogram expense
02

Manufacturing and Development

Concept Foundation facilitates the availability of quality-assured, affordable sexual and reproductive health medicines (SRH) and technologies worldwide.The foundation continues to capacity strengthen and collaborate with manufacturers of generic SRH medicines worldwide by providing remote and on-site technical support and by sharing our…

$672Kprogram expense
03

Policy and Advocacy

Concept Foundation advocates for an enabling sexual and reproductive health (SRH) research and development(R&D) environment, in which women-centered R&D is the norm. We strengthen policy and advocacy initiatives to ensure equitable access to quality-assured and environmentally sustainable SRH products,especially for women incontexts that…

$116Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$2.0M

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.4M
Ln 12
Gifts and grantsLn 1h$6.4M
Investment incomeLn 3$9K
Money outPt IX
$6.4M
Ln 25
Programscol B$5.4M
Managementcol C$981K
Owns and owesPt X
$549K
net assets · Ln 32
Cash and savingsLn 1–2$3.1M
Total assetsLn 16$3.5M
LiabilitiesLn 26$2.9M
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.4M
Investment incomeLn 3$9K
Total revenueLn 12$6.4M
Assets in detailPt X, end of year
CashLn 1$156
SavingsLn 2$3.1M
Cash and savings togetherLn 1–2$3.1M
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$4K
Total assetsLn 16$3.5M
LiabilitiesLn 26$2.9M
Net assetsLn 32$549K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.6M$3.1M
Land, buildings, equipmentLn 10c$4K$3K
Total assetsLn 16$2.1M$3.5M
LiabilitiesLn 26$1.6M$2.9M
Net assetsLn 32$566K$549K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$1.2M$1.2M
Other salaries and wagesLn 7$258K$79K$179K
Accounting feesLn 11c$12K$12K
Other fees for servicesLn 11g$12K$4K$8K
Office expensesLn 13$18K$3K$15K
Information technologyLn 14$6K$6K
OccupancyLn 16$13K$13K
TravelLn 17$84K$79K$5K
Conferences, conventions and meetingsLn 19$96K$3K$93K
Payments to affiliatesLn 21$524K$524K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$127K$6K$121K
Other expenses (24a–d)Ln 24$3.7M$3.7M
All other expensesLn 24e$354K$354K
Total functional expensesLn 25$6.4M$5.4M$981K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $5.0M$4.9M$32K$581K 990 PDF
FY2024 Viewing $6.4M$6.4M−$16K$549K 990 PDF
FY2023 $3.1M$3.3M−$228K$566K 990 PDF
FY2022 $2.6M$2.7M−$117K$795K 990 PDF
FY2021 $3.9M$3.4M$474K$913K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $6,413,504 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,036,071$6,404,330
I-9 Program service revenue$0
I-10 Investment incomePrior year $4,960$9,174
I-11 Other revenuePrior year $60,000$0
I-12 Total revenuePrior year $3,101,031$6,413,504
I-13 Grants and similar amounts paidPrior year $1,077,899$1,246,371
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $226,767$258,203
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,024,692$4,925,428
I-18 Total expensesPrior year $3,329,358$6,430,002
I-19 Revenue less expensesPrior year −$228,327−$16,498
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,413,504 across 5 lines filed
VIII-1d Related organizations$350,000
VIII-1f All other contributions, gifts and grants$6,054,330
VIII-1h Total contributions, gifts and grants$6,404,330
VIII-3 Investment incomeRelated to mission $9,174$9,174
VIII-12 Total revenueRelated to mission $9,174 · Unrelated business $0 · Excluded from tax $0$6,413,504
Part IX · Statement of functional expenses $6,430,002 across 14 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $1,246,371$1,246,371
IX-7 Other salaries and wagesPrograms $79,290 · Management $178,913$258,203
IX-11c Accounting feesManagement $12,286$12,286
IX-11g Other fees for servicesPrograms $3,818 · Management $8,411$12,229
IX-13 Office expensesPrograms $3,149 · Management $14,676$17,825
IX-14 Information technologyManagement $5,686$5,686
IX-16 OccupancyManagement $13,315$13,315
IX-17 TravelPrograms $78,622 · Management $5,237$83,859
IX-19 Conferences, conventions and meetingsPrograms $2,886 · Management $93,375$96,261
IX-21 Payments to affiliatesManagement $524,447$524,447
IX-22 Depreciation, depletion and amortizationManagement $3,112$3,112
IX-23 InsurancePrograms $6,027 · Management $121,067$127,094
IX-24 Other expenses (24a–d)Programs $3,675,602$3,675,602
IX-24e All other expensesPrograms $353,712$353,712
IX-25 Total functional expensesPrograms $5,449,477 · Management $980,525 · Fundraising $0$6,430,002
Part X · Balance sheet $3,456,342 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $137$156
X-2 Savings and temporary cash investmentsStart of year $1,599,812$3,137,518
X-3 Pledges and grants receivableStart of year $411,776$168,862
X-9 Prepaid expenses and deferred chargesStart of year $123,855$142,289
X-10c Land, buildings and equipment, netStart of year $3,516$2,915
X-14 Intangible assetsStart of year $1,537$828
X-15 Other assetsStart of year $3,353$3,774
X-16 Total assetsStart of year $2,143,986$3,456,342
X-17 Accounts payable and accrued expensesStart of year $167,016$495,309
X-19 Deferred revenueStart of year $1,406,869$2,407,931
X-25 Other liabilitiesStart of year $4,125$3,624
X-26 Total liabilitiesStart of year $1,578,010$2,906,864
X-32 Total net assets or fund balancesStart of year $565,976$549,478
X-33 Total liabilities and net assetsStart of year $2,143,986$3,456,342
Part XI · Reconciliation of net assets $549,478 net assets at year end
XI-1 Total revenue$6,413,504
XI-2 Total expenses$6,430,002
XI-3 Revenue less expenses−$16,498
XI-4 Net assets at start of year$565,976
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$549,478

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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