TEAMFUND INC: Form 990, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- TEAMFUND INC (EIN 47-4405261)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-09-24
- IRS object ID
- 202642679349300509
- Schema version
- 2025v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-09-24T10:22:50-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390974031 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEGNER CPAS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 PARK AVE FL 3 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 101690005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 474405261 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEAMFUND INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TEAM | BusinessNameControlTxt |
| Phone | 9085784688 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12408 HAUTREE CT | AddressLine1Txt |
| City | PALM BEACH GARDENS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33418 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY M RING | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9085784688 | PhoneNum |
| Signature | 2026-09-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | YIGIT UCTUM CPA | PreparerPersonNm |
| PTIN | P01269549 | PTIN |
| Phone | 2125511724 | PhoneNum |
| Preparation | 2026-09-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | YOUSUF MAZHAR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12408 HAUTREE CT | AddressLine1Txt |
| City | PALM BEACH GARDENS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33418 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $206,028 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | TEAMFUNDHEALTH.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2014 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE AFFORDABLE APPROP. MEDTECH FOR UNDERSERVED/LOW-RESOURCE GLOBAL HEALTHCARE SETTINGS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 17 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $100,100 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $161,926 | PYInvestmentIncomeAmt |
| CY Investment Income | $105,928 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $171,926 | PYTotalRevenueAmt |
| CY Total Revenue | $206,028 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $50,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $50,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $473,602 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $527,674 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $180,745 | PYOtherExpensesAmt |
| CY Other Expenses | $296,925 | CYOtherExpensesAmt |
| PY Total Expenses | $704,347 | PYTotalExpensesAmt |
| CY Total Expenses | $874,599 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$532,421 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$668,571 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,298,859 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,058,117 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $194,349 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $187,249 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,104,510 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,870,868 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TEAMFUNDS'S MISSION IS TO IMPROVE THE LIVES OF THE WORLD'S UNDERSERVED LIVING IN LOW-RESOURCE HEALTHCARE SETTINGS, BY INCREASING ACCESS TO AFFORDABLE AND APPROPRIATE MEDICAL TECHNOLOGIES THAT EFFECTIVELY ADDRESS THEIR PRESSING HEALTH CARE PROBLEMS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $608,272 | ExpenseAmt |
| Grant | $50,000 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | PROGRAMMATIC EFFORTS OF THE CHARITY FOCUSED ON RESEARCHING THE PRESSING HEALTH NEEDS OF UNDERSERVED, LOW RESOURCE POPULATIONS, AND ATTEMPTING TO IDENTIFY AFFORDABLE AND APPROPRIATE MEDICAL TECHNOLOGY SOLUTIONS THAT MIGHT EFFECTIVELY ADDRESS THOSE PRESSING HEALTH NEEDS. ATTENTION IN BOTH RESEARCH AND OUTREACH HAS BEEN ON DISEASE BURDENS AFFLICTING LOW RESOURCE, UNDERSERVED POPULATIONS PRIMARILY IN INDIA AND SUB-SAHARAN AFRICA (E.G., DIABETES, GESTATIONAL DIABETES, CERVICAL CANCER), AND IDENTIFYING INNOVATIVE, SUSTAINABLE AND SCALABLE MEDICAL TECHNOLOGY SOLUTIONS ADDRESSING THOSE DISEASE BURDENS. | Desc |
| Total Program Service Expenses | $608,272 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIMOTHY M RING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9085784688 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12408 HAUTREE CT | AddressLine1Txt |
| City | PALM BEACH GARDENS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33418 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| KATHRYN L GLEASON | ||||||||
| SECRETARY | 37.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| TIMOTHY M RING | ||||||||
| TREASURER | 37.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KRISTOFFER GANDRUP-MARINO | ||||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES FLEISCHMAN | ||||||||
| DIRECTOR (THRU NOVEMBER) | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER EGERTON-WARBURTON | ||||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| RAJIV DOSHI | ||||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| LEITH GREENSLADE | ||||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| GBENGA OGEDEGBE | ||||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| PETER BAIRD | ||||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| YOUSUF MAZHAR | ||||||||
| MANAGING PARTNER | 28.00 | Yes (X) | $309,416 | $132,607 | $25,164 | 12.00 | ||
| CHRISTOPHER HAYNES | ||||||||
| PRINCIPAL | 30.40 | $143,759 | $45,398 | $19,032 | 9.60 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $453,175 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $178,005 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $44,196 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $100,100 | AllOtherContributionsAmt |
| Total Contributions | $100,100 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $105,928 | TotalRevenueColumnAmt |
| Exclusion | $105,928 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $206,028 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $105,928 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,000 | TotalAmt |
| Program Services | $50,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $485,255 | TotalAmt |
| Program Services | $414,893 | ProgramServicesAmt |
| Management And General | $70,362 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,016 | TotalAmt |
| Program Services | $14,549 | ProgramServicesAmt |
| Management And General | $2,467 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,403 | TotalAmt |
| Program Services | $21,720 | ProgramServicesAmt |
| Management And General | $3,683 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,457 | TotalAmt |
| Management And General | $106,457 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,229 | TotalAmt |
| Program Services | $78,142 | ProgramServicesAmt |
| Management And General | $12,087 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,508 | TotalAmt |
| Program Services | $2,836 | ProgramServicesAmt |
| Management And General | $18,672 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,584 | TotalAmt |
| Program Services | $7,332 | ProgramServicesAmt |
| Management And General | $3,252 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,265 | TotalAmt |
| Program Services | $16,896 | ProgramServicesAmt |
| Management And General | $32,369 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,904 | TotalAmt |
| Program Services | $1,904 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,000 | TotalAmt |
| Management And General | $7,000 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,978 | TotalAmt |
| Management And General | $9,978 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $874,599 | TotalAmt |
| Program Services | $608,272 | ProgramServicesAmt |
| Management And General | $266,327 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,806 | BOYAmt |
| EOY | $72,964 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,726,844 | BOYAmt |
| EOY | $1,564,318 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,901 | BOYAmt |
| EOY | $89,444 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,373 | BOYAmt |
| EOY | $19,486 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,086,435 | BOYAmt |
| EOY | $7,001,405 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,500 | BOYAmt |
| EOY | $10,500 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,000 | BOYAmt |
| EOY | $300,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,298,859 | BOYAmt |
| EOY | $9,058,117 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $194,349 | BOYAmt |
| EOY | $187,249 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $194,349 | BOYAmt |
| EOY | $187,249 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,798,219 | BOYAmt |
| EOY | $8,002,034 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,306,291 | BOYAmt |
| EOY | $868,834 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,104,510 | BOYAmt |
| EOY | $8,870,868 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,298,859 | BOYAmt |
| EOY | $9,058,117 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$668,571 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $434,929 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $260,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $59,630 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $370,040 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $100,100 | CurrentTaxYearAmt |
| Total | $799,770 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $260,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $59,630 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $370,040 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $100,100 | CurrentTaxYearAmt |
| Total | $799,770 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $593,294 | SubstantialContributorsTotAmt |
| Public Support Total170 | $206,476 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $67,685 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $112,749 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $169,576 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $161,926 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $105,928 | CurrentTaxYearAmt |
| Total | $617,864 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,417,634 | TotalSupportAmt |
| Public Support CY170 | 0.14560 | PublicSupportCY170Pct |
| Public Support PY170 | 0.09660 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | THE ORGANIZATION QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE "10% PLUS FACTS AND CIRCUMSTANCES" TEST UNDER TREAS. REG. 1.170A9(F)(3) IN THE FOLLOWING RESPECTS:10% OF SUPPORT LIMITATION. THE ORGANIZATION'S PUBLIC SUPPORT FRACTION IS 14.56%, WHICH SATISFIES THE 10% THRESHOLD.ATTRACTION OF PUBLIC SUPPORT. THE ORGANIZATION IS ORGANIZED AND OPERATED TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT ON A CONTINUOUS BASIS. IT REGULARLY SEEKS CONTRIBUTIONS FROM FOUNDATIONS, PUBLIC CHARITIES, GOVERNMENTAL UNITS, INDIVIDUALS, AND OTHER PHILANTHROPIC SOURCES TO SUPPORT ITS WORK OF IMPROVING THE LIVES OF LOW-RESOURCE, UNDERSERVED GLOBAL POPULATIONS BY EXPANDING ACCESS TO AFFORDABLE, APPROPRIATE, AND SUSTAINABLE MEDICAL TECHNOLOGIES THAT ADDRESS THEIR PRIORITY UNMET HEALTH NEEDS. THE ORGANIZATION INTENDS TO CONTINUE AND STRENGTHEN ITS EFFORTS TO REACH OUT TO NEW DONORS AND EXPECTS TO SEE AN INCREASE IN THE PERCENTAGE OF ITS PUBLIC SUPPORT RECEIVED GOING FORWARD.SOURCES OF SUPPORT. THE ORGANIZATION'S FUNDING COMES FROM DIVERSE SOURCES, INCLUDING PRIVATE FOUNDATIONS, CORPORATIONS, GOVERNMENTAL ORGANIZATIONS, INDIVIDUALS, AND OTHER CHARITABLE ORGANIZATIONS AND PHILANTHROPIC SOURCES THAT WISH TO SUPPORT ITS PRIMARY ACTIVITY OF IMPROVING THE LIVES OF LOW-RESOURCE, UNDERSERVED GLOBAL POPULATIONS BY EXPANDING ACCESS TO AFFORDABLE, APPROPRIATE, AND SUSTAINABLE MEDICAL TECHNOLOGIES THAT ADDRESS THEIR PRIORITY UNMET HEALTH NEEDS.REPRESENTATIVE GOVERNING BODY. THE ORGANIZATION'S ACTIVITIES HAVE ALWAYS BEEN GOVERNED BY A BOARD OF DIRECTORS, EACH OF THE MEMBERS OF WHICH HAS SKILLS CRITICAL TO THE ORGANIZATION'S CONTINUED OPERATION AND ALL OF WHOM DEMONSTRATE A HIGH DEGREE OF COMMITMENT TOWARD ACCOMPLISHING THE ORGANIZATION'S MISSION. THE ORGANIZATION'S BOARD OF DIRECTORS IS INTENTIONALLY COMPOSED OF INDIVIDUALS WHOSE PROFESSIONAL EXPERIENCE AND RELATIONSHIPS CONNECT TEAMFUND TO THE LOW-RESOURCE AND UNDERSERVED POPULATIONS IT SERVES, PARTICULARLY IN INDIA AND SUB-SAHARAN AFRICA.-TIM RING, FORMER CHAIRMAN AND CEO OF C.R. BARD, BRINGS DECADES OF GLOBAL MEDICAL-TECHNOLOGY EXPERIENCE, INCLUDING SIGNIFICANT EXPANSION IN EMERGING MARKETS, CONNECTING TEAMFUND TO COMPANIES AND HEALTHCARE SYSTEMS CAPABLE OF DEVELOPING AND DELIVERING AFFORDABLE MEDICAL TECHNOLOGIES.-KATHRYN GLEASON, FORMER LEADER OF MORGAN LEWIS'S FDA/HEALTHCARE LIFE SCIENCES PRACTICE, BRINGS EXTENSIVE MEDICAL-DEVICE REGULATORY, HEALTHCARE POLICY AND NONPROFIT EXPERIENCE, CONNECTING TEAMFUND TO THE REGULATORY AND HEALTHCARE COMMUNITIES NECESSARY TO BRING APPROPRIATE TECHNOLOGIES TO UNDERSERVED PATIENTS.-PETER BAIRD, HAS EXTENSIVE INVESTMENT AND DEVELOPMENT EXPERIENCE IN AFRICA AND CHAIRS THE AFRICAN LEADERSHIP FOUNDATION, PROVIDING DIRECT KNOWLEDGE OF AND RELATIONSHIPS WITH AFRICAN ENTREPRENEURS, INSTITUTIONS AND MARKETS.-DR. RAJIV DOSHI, DIRECTOR OF THE INDIA PROGRAM AT STANFORD BIODESIGN, HAS WORKED EXTENSIVELY WITH INDIAN MEDICAL-TECHNOLOGY ENTREPRENEURS, CLINICIANS AND GOVERNMENT PROGRAMS, PROVIDING DIRECT INSIGHT INTO THE HEALTHCARE NEEDS, AFFORDABILITY CONSTRAINTS AND MARKET-ACCESS CHALLENGES IN INDIA.-CHRISTOPHER "EDGE" EGERTON-WARBURTON, FOUNDING PARTNER OF LION'S HEAD GLOBAL PARTNERS, HAS EXTENSIVE EXPERIENCE IN DEVELOPMENT FINANCE AND GLOBAL HEALTH, INCLUDING WORK WITH GAVI AND OTHER GLOBAL-HEALTH INITIATIVES, CONNECTING TEAMFUND TO INSTITUTIONS FINANCING HEALTHCARE IN EMERGING AND FRONTIER MARKETS.-LEITH GREENSLADE, FOUNDER AND CEO OF JUSTACTIONS AND FORMER VICE-CHAIR OF THE MILLENNIUM DEVELOPMENT GOAL HEALTH ALLIANCE, BRINGS EXTENSIVE RELATIONSHIPS WITH GOVERNMENTS, GLOBAL-HEALTH ORGANIZATIONS AND PROGRAMS ADDRESSING MAJOR CAUSES OF DEATH IN LOW- AND MIDDLE-INCOME COUNTRIES.-DR. GBENGA OGEDEGBE, DIRECTOR OF NYU LANGONE'S INSTITUTE FOR EXCELLENCE IN HEALTH EQUITY, IS A PHYSICIAN AND INTERNATIONALLY RECOGNIZED RESEARCHER IN HEALTH DISPARITIES AND COMMUNITY-BASED CARE, WITH SUBSTANTIAL EXPERIENCE IN AFRICA AND UNDERSERVED POPULATIONS.-KRISTOFFER GANDRUP-MARINO, CHIEF OF PRODUCT INNOVATION FOR UNICEF'S SUPPLY DIVISION AND A DIRECTOR OF THE AFRICAN NETWORK FOR DRUGS AND DIAGNOSTICS INNOVATION, CONNECTS TEAMFUND DIRECTLY TO GLOBAL-HEALTH PRODUCT INNOVATION, PROCUREMENT AND DISTRIBUTION SYSTEMS SERVING RESOURCE-CONSTRAINED POPULATIONS.COLLECTIVELY, THE BOARD PROVIDES TEAMFUND WITH DIRECT KNOWLEDGE OF AND RELATIONSHIPS WITH CLINICIANS, ENTREPRENEURS, GOVERNMENTS, HEALTHCARE SYSTEMS, GLOBAL-HEALTH ORGANIZATIONS AND UNDERSERVED COMMUNITIES IN THE GEOGRAPHIES IT SERVES. THESE CONNECTIONS HELP ENSURE THAT THE ORGANIZATION'S CHARITABLE ACTIVITIES REMAIN RESPONSIVE TO THE HEALTHCARE NEEDS, ECONOMIC CONSTRAINTS AND CIRCUMSTANCES OF ITS INTENDED BENEFICIARIES.AVAILABILITY OF PUBLIC FACILITIES OR SERVICES. THE ORGANIZATION'S ACTIVITIES ARE DIRECTED TO IMPROVING HEALTHCARE ACCESS FOR LOW-RESOURCE AND UNDERSERVED POPULATIONS, PRINCIPALLY BY SUPPORTING THE DEVELOPMENT, DEPLOYMENT, AND SCALE OF AFFORDABLE AND APPROPRIATE MEDICAL TECHNOLOGIES IN LOW- AND MIDDLE-INCOME COUNTRIES. TEAMFUND'S PORTFOLIO COMPANIES STRENGTHEN PRIMARY CARE AND REFERRAL SYSTEMS BY EXPANDING ACCESS TO SCREENING, DIAGNOSIS, TELEHEALTH, TREATMENT, MEDICINES, AND SPECIALIST EXPERTISE, INCLUDING THROUGH GOVERNMENT AND PUBLIC HEALTHCARE SYSTEMS.THE PUBLIC BENEFIT GENERATED BY THESE ACTIVITIES IS SUBSTANTIAL AND MEASURABLE. IN FY2025 ALONE, TEAMFUND PORTFOLIO COMPANIES SERVED APPROXIMATELY 36.9 MILLION UNIQUE PATIENTS, INCLUDING APPROXIMATELY 15.7 MILLION PATIENTS FROM UNDERSERVED AREAS, A 51% INCREASE OVER THE PRIOR YEAR. THE PORTFOLIO HAS NOW GENERATED APPROXIMATELY 144.1 MILLION CUMULATIVE UNIQUE PATIENT TOUCHPOINTS AND PROVIDED MORE THAN 203.1 MILLION CUMULATIVE PATIENT SERVICES. THESE ACTIVITIES ALSO STRENGTHEN THE HEALTHCARE INFRASTRUCTURE AVAILABLE TO THE COMMUNITIES SERVED. DURING FY2025, PORTFOLIO COMPANIES TRAINED APPROXIMATELY 17,936 NEW HEALTHCARE PROVIDERS, WORKED WITH APPROXIMATELY 181,343 MEDICAL PROVIDERS,CONDUCTED APPROXIMATELY 1.32 MILLION LABORATORY TESTS, AND DELIVERED APPROXIMATELY 2.1 MILLION MEDICINES. THE PORTFOLIO CURRENTLY REACHES PATIENTS IN APPROXIMATELY 77% OF THE WORLD'S COUNTRIES, INCLUDING 4.62 MILLION PATIENTS IN AFRICA.SEVERAL PORTFOLIO COMPANIES ALSO WORK DIRECTLY WITHIN GOVERNMENT AND PUBLIC-SECTOR HEALTHCARE SYSTEMS, EXTENDING TECHNOLOGIES AND SERVICES TO POPULATIONS THAT OTHERWISE FACE SIGNIFICANT BARRIERS TO CARE. THESE EFFORTS INCLUDE AI-ENABLED CARDIAC SCREENING AND DIAGNOSIS, VISION CARE, IMAGING, TELEHEALTH, AND OTHER TECHNOLOGIES DESIGNED TO EXPAND PRIMARY-CARE CAPACITY, ENABLE EARLIER DIAGNOSIS, OPTIMIZE SCARCE SPECIALIST RESOURCES, AND STRENGTHEN REFERRAL PATHWAYS. | FactsAndCircumstancesTestTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT IN LIMITED PARTNERSHIP | Desc |
| Book Value | $7,001,405 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $7,001,405 | TotalBookValueProgramRltdAmt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | PROGRAM RELATED INVESTMENT | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $7,001,405 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $7,001,405 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $7,001,405 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, | RegionTxt |
| Purpose Of Grant | 2025 GLOBAL HEALTH INNOVATION AWARD | PurposeOfGrantTxt |
| Cash Grant | $50,000 | CashGrantAmt |
| Manner Of Cash Disbursement | WIRE | MannerOfCashDisbursementTxt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION HAS A 3 MONTH PROCESS TO EVALUATE WHICH COMPANY WOULD BE ELIGIBLE FOR THE GRANT. ONCE THE GRANT IS GIVEN, THE ORGANIZATION TRACKS COMPANIES, ALL WHICH WILL BENEFIT PATIENTS IN LOW RESOURCE SETTINGS. THE ORGANIZATION REMAINS IN CONTACT VIA IN PERSON MEETINGS, PHONE CALLS, AND EMAILS AND DISCUSSES/MONITORS THEIR PROGRASS FOR YEARS AFTER THE GRANT IS AWARDED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| YOUSUF MAZHAR | ||||||||||||||
| MANAGING PARTNER | $260,203 | $111,516 | $49,213 | $21,091 | $0 | $0 | $0 | $0 | $17,615 | $7,549 | $327,031 | $140,156 | $0 | $0 |
| CHRISTOPHER HAYNES | ||||||||||||||
| PRINCIPAL | $125,519 | $39,638 | $18,240 | $5,760 | $0 | $0 | $0 | $0 | $14,464 | $4,568 | $158,223 | $49,966 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | TIMOTHY M. RING AND KATHRYN L. GLEASON HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 6 | TEAMFUND HAS ONE CLASS OF MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ARE ABLE TO ELECT AND/OR APPOINT MEMBERS OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | MEMBERS MAY AMEND OR REPEAL THE BYLAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION IS SUBJECT TO ADJUSTMENT ANNUALLY BASED ON COMPLETION OF ESTABLISHED PERFORMANCE OBJECTIVES, RESULTS OF ANY COMPENSATION STUDIES PERFORMED, COMPARABILITY OF COMPENSATION REPORTED ON FORM 990 TO INDIVIDUALS IN SIMILAR POSITIONS OF SIMILAR ORGANIZATIONS. THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSEEING ANY MANAGEMENT COMPENSATION, RAISES AND BONUSES WHERE APPROPRIATE AND APPLICABLE; AND TO PROVIDE A REPORT TO THE BOARD, INCLUDING ANY PROPOSED CHANGES, FOR APPROVAL BY THE FULL BOARD ANNUALLY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PROGRAMMATIC STRUCTURING CONSULTANTS: PROGRAM SERVICE EXPENSES 78,142. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,142. REGISTERED AGENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,595. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,595. COMPENSATION CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,492. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,492. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|
| TEAMFUND HOLDINGS LLC | ||||||||
| 12408 HAUTREE CT | PALM BEACH GARDENS | FL | 33418 | MANAGING PARTNER FOR TEAMFUND, LP | DE | $0 | $0 | TEAMFUND INC |
| TEAMFUND GP LLC | ||||||||
| 12408 HAUTREE CT | PALM BEACH GARDENS | FL | 33418 | MANAGING PARTNER FOR TEAMFUND II, LP | DE | $0 | $0 | TEAMFUND INC |
| TEAMFUND FM LLC | ||||||||
| 2711 CENTERVILLE ROAD SUITE 400 | WILMINGTON | DE | 19808 | MANAGEMENT COMPANY FOR THE RELATED ENTITIES | DE | $0 | $0 | TEAMFUND INC |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Legal Domicile StateLegalDomicileStateCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TEAMFUND LP | ||||||||||||||||||
| WALKERS CORPORATE - CAYMAN CORPORAT | GEORGE TOWN | CJ | KY1-9008 | 981469803 | INVESTMENT IN SOCIAL ENTERPRISES | CJ | TEAMFUND HOLDINGS LLC | RELATED | $157,664 | $6,074,061 | 0 | Yes (1) | 0.24000 | |||||
| TEAMFUND II LP | ||||||||||||||||||
| INVESTMENT IN SOCIAL ENTERPRISES | TEAMFUND GP LLC | RELATED | 0 | Yes (1) | 1.00000 | 251 LITTLE FALLS DRIVE | WILMINGTON | DE | 19808 | DE | ||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| TEAMFUND LP | ||
| B | $480,001 | FACE VALUE |
| TEAMFUND LP | ||
| P | $300,000 | FACE VALUE |
Comments