2021-08-17T07:15:48-05:00 2021-03-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2020-04-01 811397590 THE MALALA FUND MALA 2127058749 PO BOX 73767 WASHINGTON DC 20056 SUZANNE EHLERS CEO 2127058749 2021-08-17 1 SUZANNE EHLERS 999009999 RICHARD J LOCASTRO CPA P00288314 3019519090 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X SUZANNE EHLERS PO BOX 73767 WASHINGTON DC 20056 18137340 0 X WWW.MALALA.ORG X 2016 DE MALALA FUND IS WORKING TOWARD A WORLD WHERE ALL GIRLS CAN LEARN FOR 12 YEARS AND LEAD WITHOUT FEAR. 6 6 37 7 0 0 11269991 16060555 0 0 198903 279375 0 0 11468894 16339930 5737267 5733586 0 0 2524150 3419822 0 0 1060277 2245336 1899631 10506753 11053039 962141 5286891 22284931 27986421 6710821 7127058 15574110 20859363 X THE MALALA FUND PROMOTES GIRLS' EDUCATION AND EQUALITY WORLDWIDE BY WORKING TO ENSURE THAT GIRLS EVERYWHERE HAVE ACCESS TO 12 YEARS OF FREE, SAFE, QUALITY EDUCATION. 0 0 8888580 5733586 IN AFGHANISTAN, BRAZIL, ETHIOPIA, INDIA, LEBANON, NIGERIA, PAKISTAN AND TURKEY, THE MALALA FUND SUPPORTS ORGANIZATIONS WORKING TO ENSURE GIRLS CAN ACCESS 12 YEARS OF FREE, SAFE, QUALITY EDUCATION. GRANTS FROM THE MALALA FUND HELP GIRLS STAY IN SCHOOL AND FUND EDUCATIONAL TECHNOLOGY AND MENTORSHIP PROGRAMS. THE MALALA FUND ALSO CREATES NETWORKS OF STUDENTS, EDUCATORS AND EDUCATION ACTIVISTS WHO ADVOCATE AT THE LOCAL, NATIONAL AND INTERNATIONAL LEVELS FOR RESOURCES AND POLICY CHANGES NEEDED TO GIVE ALL GIRLS A SECONDARY EDUCATION. SOME ACCOMPLISHMENTS OF OUR GRANTEES IN 2020 INCLUDED:GRANTEE SOCIAL ASSOCIATION FOR DEVELOPMENT OF AFGHANISTAN (SADA) ESTABLISHED 12 LEARNING SPACES FOR 200 GIRLS AND TRAINED 30 GRADE-12 FEMALE STUDENTS TO BECOME TEACHERS. THROUGH THESE INITIATIVES, THEY ARE SHIFTING THE NARRATIVE AROUND GIRLS' EDUCATION. GRANTEE LEARN AFGHANISTAN USED LOW-TECH SOLAR-POWERED TOOLS TO ESTABLISH DIGITAL LEARN LABS IN NINE SCHOOLS TO IMPROVE GIRLS' DIGITAL LITERACY. THE LEARN LABS BENEFIT 2,260 STUDENTS, OF WHICH MORE THAN HALF ARE GIRLS.AFTER YEARS OF ADVOCACY FROM OUR BRAZILIAN GRANTEES, THE NATIONAL CONGRESS APPROVED A CONSTITUTIONAL AMENDMENT IN DECEMBER 2020 THAT MAKES PERMANENT FUNDEB, A GOVERNMENT FINANCING MECHANISM THAT PROVIDES UNDERFUNDED SCHOOLS WITH THE RESOURCES THEY NEED. THIS RULING IS AN IMPORTANT STEP IN ENSURING THAT THE BRAZILIAN GOVERNMENT FUNDS FREE AND QUALITY BASIC EDUCATION ACROSS THE COUNTRY, INCLUDING IN MARGINALIZED COMMUNITIES. IN INDIA, GRANTEES DIGAMBAR NARZARY AND RAJU KUMAR WORK IN DISTRICTS OF ASSAM WHERE FLOODING AND YEARS OF ETHNIC CONFLICT PREVENT GIRLS FROM ATTENDING SCHOOL SAFELY. THEY HAVE PROVIDED 1,220 GIRLS WHO ARE OUT OF SCHOOL OR AT RISK OF DROPPING OUT WITH REMEDIAL CLASSES AND LIFE SKILLS TRAINING. GRANTEE YOUTH KI AWAAZ RAN A SUCCESSFUL ONLINE CAMPAIGN CALLED #KAKSHACRISIS TO ENCOURAGE PUBLIC ENGAGEMENT ON INDIA'S NEW EDUCATION POLICY. THE #KAKSHACRISIS CAMPAIGN REACHED AN INITIAL AUDIENCE OF ABOUT 800,000 PEOPLE AND HELPED ELEVATE THE CONVERSATION ON HOW GIRLS' EDUCATION IS NOT JUST A SOCIAL ISSUE, BUT AN ISSUE THAT REQUIRES POLICY ACTION.IN LEBANON, GRANTEE LEBANESE ALTERNATIVE LEARNING PROVIDES DIGITAL LEARNING SOLUTIONS TO SYRIAN REFUGEES AND GIRLS LIVING IN VULNERABLE COMMUNITIES. SINCE COVID-19 HIT IN 2020, THE NUMBER OF USERS OF THEIR EDUCATIONAL PLATFORM, TABSHOURA, INCREASED FROM 7,000 TO MORE THAN 20,000. TABSHOURA CAN OPERATE WITHOUT INTERNET OR ELECTRICITY AND PROVIDES LESSONS BASED ON THE PUBLIC SCHOOL CURRICULUM FOR KINDERGARTEN THROUGH SECONDARY SCHOOL.IN NIGERIA, GRANTEE ACE CHARITY DEVELOPED AN EDUCATIONAL RADIO PROGRAMME CALLED THE ACE RADIO SCHOOL TO SUPPORT CHILDREN WHO CAN'T ACCESS ONLINE RESOURCES DURING COVID-19 SCHOOL CLOSURES. THE RADIO PROGRAMME BROADCAST READING, WRITING, STEM AND HYGIENE LESSONS ON FIVE RADIO STATIONS ACROSS NORTHERN NIGERIA, REACHING UP TO 20 MILLION LISTENERS DURING PEAK HOURS. GRANTEE CONNECTED DEVELOPMENT (CODE) IS IMPLEMENTING THE "FOLLOW THE MONEY" MODEL IN TWO LOCAL GOVERNMENT AREAS OF ADAWAMA STATE TO TRAIN SCHOOL MONITORING TEAMS (SMTS) TO MONITOR SPENDING ON EDUCATION AND MAKE DEMANDS FOR GENDER-RESPONSIVE INFRASTRUCTURE, INCLUDING ADEQUATE WASH FACILITIES, CLASSROOM SUPPLIES AND INSTRUCTIONAL MATERIALS. THESE CITIZEN-LED TEAMS ARE COMPOSED OF STUDENTS, DEVELOPMENT WORKERS AND VOLUNTEERS.IN PAKISTAN, GRANTEE SCIENCE FUSE ENGAGED ALMOST 600 STUDENTS - THE MAJORITY OF WHOM ARE GIRLS - WITH SCIENCE LEARNING RESOURCES, INCLUDING VIDEO EXPERIMENTS, LIVE SCIENCE SHOWS, QUIZZES AND OTHER HANDS-ON ACTIVITIES. AFTER THE PANDEMIC BEGAN, LALAH CREATED PODCASTS (REACHING 100,000 LISTENERS) AND WEEKLY VIDEOS FEATURING (REACHING 10,000 VIEWERS) FEMALE SCIENTISTS AND DESIGNED SCIENCE KITS FOR GIRLS TO CONDUCT AT-HOME EXPERIMENTS USING BASIC EQUIPMENT.IN TURKEY, GRANTEE YUVA ASSOCIATION DEVELOPED TEACHER MANUALS ON INCLUSIVE LEARNING TO HELP EDUCATORS SUPPORT REFUGEE STUDENTS AS THEY INTEGRATE INTO THE TURKISH EDUCATIONAL SYSTEM. THE TEAM THEN HELD TRAININGS FOR NEARLY 200 TEACHERS ON HOW TO USE THE MANUALS, IMPACTING OVER 5,600 STUDENTS. 8888580 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 20 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR CA FL GA HI IL KS KY MA MD MI MN MS NC NH NJ NM NY OR PA RI SC TN UT VA WV WI X X SUZANNE EHLERS 2027948744 2000 14TH STREET NW STE 104 73767 WASHINGTON DC 20056 X MALALA YOUSAFZAI - HONORARY CHAIRPERSON TO CHAIR (TRANS 7/29/20) 10.00 X X 0 0 0 ZIAUDDIN YOUSAFZAI HONORARY CHAIRPERSON 10.00 X 0 0 0 SUSAN MCCAW CHAIR TO DIRECTOR (TRANS 7/29/2020) 1.00 X 0 0 0 LYNN TALIENTO TREASURER AND DIRECTOR 1.00 X X 0 0 0 ALAA MURABIT DIRECTOR 1.00 X 0 0 0 FRANCOISE MOUDOUTHE DIRECTOR 1.00 X 0 0 0 MABEL VAN ORANJE DIRECTOR (UNTIL 9/30/2020) 1.00 X 0 0 0 SUZANNE EHLERS CEO (FROM 2/3/2020) 40.00 X 270302 0 30979 AMANDA COSBY SECRETARY & COO 40.00 X 139908 0 20517 TAYLOR ROYLE CHIEF COMM. AND CREATIVE OFFICER 40.00 X 144438 0 18929 LENA ALFI CHIEF DEV. OFFICER (FROM 5/16/2020) 40.00 X 117454 0 22505 RAOUL DAVION PROGRAMMES DIRECTOR 40.00 X 109875 0 25077 MALIHA KHAN SEE SCHEDULE O CHIEF PROGRAMMES OFFICER 40.00 X 188384 0 18434 PHILIPPA LEI SEE SCHEDULE O CHIEF ADVOCACY OFFICER 32.00 X 135808 0 13142 1106169 0 149583 5 0 1 0 WEWORK 1875 CONNECTICUT AVE NW WASHINGTON DC 20009 OCCUPANCY 166805 1 16060555 33339 16060555 32330 32330 2044455 1797410 247045 247045 247045 16339930 0 0 279375 50000 50000 5683586 5683586 512945 110932 376366 25647 2327558 1366663 292771 668124 69828 40288 9951 19589 284930 163679 41689 79562 224561 118179 50656 55726 128416 110486 11736 6194 27750 23876 2536 1338 1089854 937686 99603 52565 44024 6300 5944 31780 188381 53571 98930 35880 244997 167093 49285 28619 99423 53142 25028 21253 -581 -509 255 -327 -15563 -600 -14963 28280 1454 26661 165 DONATION PROCESSING FEE 46084 133 25261 20690 DUES & SUBSCRIPTIONS 13526 1936 1826 9764 MISCELLANEOUS 4790 685 647 3458 GIFT CARDS 250 250 11053039 8888580 1104182 1060277 1173553 5558378 12947982 12722101 7205511 9486845 102991 171914 57765 41548 762524 122 34605 5513 22284931 27986421 557586 896374 6153235 6230684 6710821 7127058 X 8912302 11184639 6661808 9674724 15574110 20859363 22284931 27986421 5286891 -1638 0 X 0 1 X 1 0 X 19809602 9745235 13232612 11269991 16060555 70117995 19809602 9745235 13232612 11269991 16060555 70117995 27859667 42258328 4324 10854 22029 193587 32330 263124 70381119 0.60040 0.59780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 108687 151339 260026 10793013 11053039 702652 175663 0 0 658299 675338 702652 2036289 3054434 187332 104423 260026 551781 164575 168835 175663 509073 763610 22773 70738 108687 202198 0 X 16458692 -1638 120400 118762 16339930 0 16339930 11173439 120400 120400 11053039 0 11053039 PART X, LINE 2: FOR THE YEAR ENDED MARCH 31, 2021, THE ORGANIZATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION, INCLUDING AN OPERATIONAL GRANT TO THE MALALA FUND UK 1668424 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 20700 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 709000 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 2055962 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 1229500 0 0 0 0 0 0 5683586 0 5683586 EUROPE SUPPORT FOR ADVOCACY AND OPERATIONS OF THE MALALA FUND UK 1573424 WIRE SOUTH AMERICA ADVOCATE FOR EDUCATION GUIDELINES IN QUILOMBOLA SCHOOL 240000 WIRE SUB-SAHARAN AFRICA GENDER RESPONSIVE SUPPORT RELATED TO COVID-19 225000 WIRE SOUTH ASIA INCREASE GIRLS' SCHOOL PARTICIPATION THROUGH PARENT COUNSELING 210000 WIRE SUB-SAHARAN AFRICA INCREASE SAFETY IN GOVERNMENT SCHOOLS 181000 WIRE SOUTH ASIA ADVOCATE COMPULSORY SECONDARY EDUCATION IN INDIA 170000 WIRE SOUTH AMERICA MONITOR STATE/FEDERAL EDUCATION BUDGETS 151000 WIRE SUB-SAHARAN AFRICA AWARENESS AROUND HARMFUL GENDER NORMS 150000 WIRE SUB-SAHARAN AFRICA RETURN-TO-SCHOOL PLAN FOR NIGERIAN GIRLS 150000 WIRE SOUTH ASIA SUPPORT TECHNOLOGY ASSISTED LEARNING 150000 WIRE SUB-SAHARAN AFRICA MODEL FOR GENDER RESPONSIVE SCHOOL REOPENING 150000 WIRE SOUTH ASIA ENABLE PANDEMIC REMOTE LEARNING 147000 WIRE SOUTH AMERICA EDUCATION FUNDING CAMPAIGN 141000 WIRE SOUTH ASIA RECOVER COVID-19 LEARNING LOSS 139000 WIRE SOUTH ASIA INCREASE GIRLS' SCHOOL PARTICIPATION 139000 WIRE SOUTH ASIA TEACHER RECRUITMENT 127000 WIRE SOUTH ASIA ONLINE EDUCATION ACCESS AND RE-ENROLLMENT 125000 WIRE SOUTH ASIA ADVOCATING FOR GIRLS' SAFETY IN SCHOOLS 105000 WIRE EUROPE STUDY IMPACTS OF COVID-19 IN PAKISTAN 95000 WIRE SOUTH ASIA SUPPORT VULNERABLE GIRLS IN SCHOOL 86000 WIRE SOUTH ASIA EDUCATION FINANCE & BACK-TO-SCHOOL CAMPAIGNS 84812 WIRE SOUTH ASIA INCREASE LEARNING FOR DALIT AND MUSLIM GIRLS 80000 WIRE SOUTH ASIA EDUCATIONAL RADIO SERIES 79000 WIRE SOUTH ASIA LEARNING MODELS FOR COVID-19 LEARNING 79000 WIRE SOUTH ASIA BUILD GIRLS' ACTIVIST ACTIVITIES 76000 WIRE SUB-SAHARAN AFRICA PROTECT RURAL GIRLS' SCHOOL ENROLMENT 75000 WIRE SOUTH ASIA PROTECT GIRLS' EDUCATION IN UTTAR PRADESH 75000 WIRE SUB-SAHARAN AFRICA EXPAND GENDER-RESPONSIVE EDUCATION 75000 WIRE SOUTH ASIA CREATE GIRL FRIENDLY LEARNING ENVIRONMENTS 75000 WIRE SOUTH AMERICA PROMOTE GIRLS' RETURN TO SCHOOL AFTER COVID 75000 WIRE SOUTH AMERICA ADDRESS GENDER BASED VIOLENCE 75000 WIRE SOUTH ASIA FOSTER EQUITABLE GENDER NORMS 75000 WIRE SOUTH ASIA TRAINING YOUNG GIRLS ON EDUCATION ADVOCACY 74000 WIRE SUB-SAHARAN AFRICA PASSAGE OF CHILD RIGHTS ACT 70000 WIRE SOUTH AMERICA AWARENESS FOR COVID-19 IMPACT IN PERNAMBUCO 67000 WIRE SUB-SAHARAN AFRICA SUPPORT GIRLS AT RISK OF SCHOOL DROPOUT 67000 WIRE SOUTH ASIA SAFE SPACES IN SCHOOLS FOR GIRLS 52000 WIRE SOUTH ASIA ADDRESS LACK OF EDUCATION FOR SECONDARY SCHOOL GIRLS 50000 WIRE SOUTH AMERICA TRAINING GIRLS TO CREATE SOCIAL CAMPAIGNS 49000 WIRE SUB-SAHARAN AFRICA RADIO PROGRAM RELATED TO COVID 46000 WIRE SOUTH ASIA COVID-19 EDUCATION RESEARCH 26700 WIRE MIDDLE EAST AND NORTH AFRICA DEVELOP REMOTE LEARNING COURSES 20000 WIRE SOUTH ASIA COVID-19 EDUCATION POLICY BRIEF 15000 WIRE SOUTH ASIA MEDIA CAMPAIGN AROUND GENDER INEQUALITY 15000 WIRE SUB-SAHARAN AFRICA COVID-19 POLICY BRIEF IN ETHIOPIA 15000 WIRE SOUTH ASIA AWARENESS AROUND COVID-19 AND EDUCATION 15000 WIRE SOUTH ASIA RESEARCH ON IMPACT OF SCHOOL CLOSURES ON GIRLS 13450 WIRE SOUTH ASIA EXPERT CONVERSATIONS AROUND EDUCATION AND COVID-19 10000 WIRE SUB-SAHARAN AFRICA RE-ENROLMENT PLANS FOR GIRLS EDUCATION 8000 WIRE SUB-SAHARAN AFRICA SUPPORT LEADERSHIP DEVELOPMENT PROGRAM 7000 WIRE SOUTH AMERICA CANCELLATION OF GRANT -92000 WIRE SOUTH ASIA CANCELLATION OF GRANT -237000 WIRE 51 1 1 0 0 0 0 0 PART I, LINE 2: MALALA FUND CONDUCTS DETAILED DUE DILIGENCE ON ALL POTENTIAL GRANTEES, INCLUDING NAME CHECKS OF ALL OF THE ORGANISATION'S SENIOR STAFF AND BOARD MEMBERS AGAINST THE U.S. GOVERNMENT'S OFAC LIST AND A THOROUGH FINANCIAL REVIEW OF THE PREVIOUS THREE YEARS. MALALA FUND'S PROGRAM OFFICERS AND IN-COUNTRY REPRESENTATIVES ARE IN REGULAR COMMUNICATION WITH ALL AWARDED GRANTEES AND CONDUCT ROUTINE, DOCUMENTED SITE VISITS OF ALL PROJECTS (THOUGH MOST SITE REVIEWS WERE SUSPENDED DURING THIS FISCAL YEAR DUE TO COVID-19). THE MAJORITY OF MALALA FUND'S GRANTS ARE MULTI-YEAR, WITH FUNDING DISBURSED IN TRANCHES AGAINST PROGRESS. MALALA FUND GRANTEES ARE REQUIRED TO SUBMIT SIX-MONTHLY, DETAILED FINANCIAL AND NARRATIVE REPORTS AND MALALA FUND RETAINS THE RIGHT TO DELAY FUTURE GRANT PAYMENTS IF A PROJECT IS BEHIND SCHEDULE OR THE GRANTEE HAS NOT EXPENDED AT LEAST 70% OF THE CUMULATIVE DISBURSED AMOUNT. MALALA FUND MAY ALSO DISCONTINUE GRANT FUNDING IF A GRANTEE FAILS TO MEET KEY PERFORMANCE MILESTONES. MALALA FUND'S GRANT AGREEMENTS PERMIT ITS REPRESENTATIVES TO VISIT PROJECT SITES WITH OR WITHOUT NOTICE AND TO HAVE FULL ACCESS TO GRANTEES' FINANCIALS RECORDS, RECEIPTS AND OTHER ITEMS APPLICABLE TO A GRANT AWARD. MALALA FUND RESERVES THE RIGHT TO REQUEST AN INDEPENDENT AUDIT SPECIFICALLY ON EXPENDITURES OF MALALA FUND PAYMENTS IF THERE ARE POTENTIAL CONCERNS. PART III ACCOUNTING METHOD: SUPPLMENTAL INFORMATION: ON MARCH 12, 2021, A CORPORATION REGISTRATION WAS APPROVED IN NIGERIA FOR MALALA FUND NIGERIA LTD/GTE ("MALALA FUND NIGERIA"). THE CREATION OF MALALA FUND NIGERIA WILL ALLOW FOR HIRING OF STAFF FROM NIGERIA AND BASED IN NIGERIA AND EXPANSION OF WORK IN THAT COUNTRY. THE MALALA FUND (US) AND THE MALALA FUND UK ARE THE SOLE MEMBERS OF MALALA FUND NIGERIA. MALALA FUND NIGERIA HAD NO FINANCIAL ACTIVITY DURING THE YEAR ENDED MARCH 31, 2021. 1 BROOKINGS INSTITUTION 1775 MASSACHUSETTS AVE NW WASHINGTON DC 20036 530196577 501(C)(3) 50000 GIRLS' EDUCATION AND CLIMATE CHANGE RESEARCH SUPPORT 1 0 PART I, LINE 2: MALALA FUND CONDUCTS DETAILED DUE DILIGENCE ON ALL POTENTIAL GRANTEES, INCLUDING NAME CHECKS OF ALL OF THE ORGANISATION'S SENIOR STAFF AND BOARD MEMBERS AGAINST THE U.S. GOVERNMENT'S OFAC LIST AND A THOROUGH FINANCIAL REVIEW OF THE PREVIOUS THREE YEARS. THE MAJORITY OF MALALA FUND'S GRANTS ARE IN MULTIPLE INSTALLMENTS, WITH FUNDING DISBURSED IN TRANCHES AGAINST PROGRESS. MALALA FUND GRANTEES ARE REQUIRED TO SUBMIT SIX-MONTHLY, DETAILED FINANCIAL AND NARRATIVE REPORTS AND MALALA FUND RETAINS THE RIGHT TO DELAY FUTURE GRANT PAYMENTS IF A PROJECT IS BEHIND SCHEDULE OR THE GRANTEE HAS NOT EXPENDED AT LEAST 70% OF THE CUMULATIVE DISBURSED AMOUNT. MALALA FUND MAY ALSO DISCONTINUE GRANT FUNDING IF A GRANTEE FAILS TO MEET KEY PERFORMANCE MILESTONES. X X X X 0 0 0 0 0 0 0 1 0 SUZANNE EHLERS CEO (FROM 2/3/2020) 270302 0 0 0 0 0 5813 0 25166 0 301281 0 0 0 MALIHA KHAN SEE SCHEDULE O CHIEF PROGRAMMES OFFICER 168018 0 20366 0 0 0 16955 0 1479 0 206818 0 0 0 TAYLOR ROYLE CHIEF COMM. AND CREATIVE OFFICER 142438 0 2000 0 0 0 4005 0 14924 0 163367 0 0 0 AMANDA COSBY SECRETARY & COO 136908 0 3000 0 0 0 3748 0 16769 0 160425 0 0 0 PART I, LINE 7 BONUS COMPENSATION IS REPORTED IN PART II, COLUMN (B)(II). X 6 1034989 FMV X GIFT CARDS 1 250 FMV 0 0 1 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VIII, LINE 1G REPORTS $33,339 OF NON-CASH DONATIONS. SCHEDULE M, PART I, REPORTS $1,035,239. THE DIFFERENCE OF $1,001,900 IS A RESULT OF A FY20 PLEDGE THAT, UNDER ACCRUAL ACCOUNTING, WAS INCLUDED IN INCOME IN FY20. WHEN THIS PLEDGE WAS PAID IN FY21, THE DONOR FULFILLED THE OBLIGATION WITH STOCK. FORM 990, PART VI, SECTION A, LINE 2 ZIAUDDIN YOUSAFZAI, HONORARY CHAIRPERSON AND COFOUNDER, IS THE FATHER OF MALALA YOUSAFZAI, BOARD CHAIR AND COFOUNDER. FORM 990, PART VI, SECTION A, LINE 4 IN JULY 2020, THE ORGANIZATION'S BYLAWS WERE AMENDED TO PLACE TWO-YEAR TERM LIMITS ON OFFICERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE FORM 990 IS PREPARED BY THE MALALA FUND'S INDEPENDENT AUDIT FIRM, IT IS REVIEWED BY THE MANAGEMENT. A FINAL VERSION OF THE FORM IS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING. THE FORM 990 IS FILED WITH THE IRS FOLLOWING FINAL SIGN OFF BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C EVERY YEAR, ALL MALALA FUND BOARD MEMBERS, OFFICERS AND EMPLOYEES IN DECISION-MAKING POSITIONS MUST SIGN AN OFFICIAL STATEMENT AFFIRMING THAT EACH PERSON HAS RECEIVED, READ AND UNDERSTANDS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND FULLY AGREES TO COMPLY WITH THE POLICY. BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES MUST DISCLOSE IN WRITING ANY AND ALL ITEMS OF ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AND THIS LIST BECOMES WIDELY AVAILABLE TO ALL BOARD MEMBERS AND THE EMPLOYEES NECESSARY TO TRACK AND ENFORCE COMPLIANCE. WHENEVER ANY DIRECTOR, OFFICER OR KEY EMPLOYEE OF THE ORGANIZATION BECOMES AWARE THAT THE MALALA FUND IS CONSIDERING A TRANSACTION THAT COULD POTENTIALLY CREATE A CONFLICT OF INTEREST, HE OR SHE IS OBLIGATED TO NOTIFY THE BOARD AND TO DISCLOSE ALL MATERIAL FACTS RELATING TO THEIR INTEREST IN THE TRANSACTION. MALALA FUND REPRESENTATIVES ARE NOT PERMITTED TO BE INVOLVED IN DECISIONS THAT COULD RAISE CONFLICT OF INTEREST CONCERNS, EITHER PERCEIVED OR ACTUAL. FORM 990, PART VI, SECTION B, LINE 15A PER MALALA FUND'S COMPENSATION POLICY, IN DETERMINING THE COMPENSATION LEVEL FOR THE CEO OF THE ORGANIZATION AND OTHER COVERED PERSONS, THE BOARD OF DIRECTORS MUST DEFER TO COMPARABILITY DATA DEMONSTRATING THE REASONABLENESS OF A PROPOSED COMPENSATION LEVEL. THIS DATA MUST INCLUDE DOCUMENTATION OF COMPENSATION LEVELS PAID BY SIMILARLY POSITIONED ORGANIZATIONS FOR FUNCTIONALLY COMPARABLE POSITIONS AND CAN BE PULLED FROM INDEPENDENT REPORTS AND/OR INFORMATION OBTAINED FROM IRS FORM 990 FILINGS OF COMPARABLE ORGANIZATIONS. THE BOARD MUST DOCUMENT HOW IT REACHED ITS DECISION REGARDING COMPENSATION OF THE CEO AND SIMILARLY COVERED PERSONS, INCLUDING THE DATA ON WHICH IT RELIED. THE MOST RECENT EVALUATION OF THE CEO'S SALARY BY THE BOARD TOOK PLACE IN OCTOBER 2019. MALALA FUND EMPLOYEE SALARIES ARE BENCHMARKED AGAINST MULTIPLE INDEPENDENT SURVEYS FROM SIMILAR ORGANIZATIONS WITH THE OBJECTIVE OF ENSURING COMPETITIVE COMPENSATION THAT IS STILL REASONABLE AND IN KEEPING WITH MALALA FUND'S STATUS AS A CHARITY. IN MID-2020, MALALA FUND'S LEADERSHIP AND HUMAN RESOURCES STAFF PERFORMED A FORMAL REVIEW OF COMPATIBILITY DATA FROM OVER 400 ORGANIZATIONS TO INFORM THE SALARY LEVELS OF ALL OTHER MALALA FUND STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE MALALA FUND'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ITS AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VII, SECTION A: MALIHA KHAN, CHIEF PROGRAMMES OFFICER, AND PHILIPPA LEI, CHIEF ADVOCACY OFFICER, WERE PAID BY THE MALALA FUND UK, AN INDEPENDENT CHARITY REGISTERED IN ENGLAND AND WALES. THE MALALA FUND IS A MEMBER OF THE MALALA FUND UK, BUT THEY ARE NOT RELATED ORGANIZATIONS FOR PURPOSES OF FORM 990. THEIR COMPENSATION IS DISCLOSED IN PART VII FOR INFORMATIONAL PURPOSES ONLY.