2026-09-24T10:22:50-05:00 2025-12-31 390974031 WEGNER CPAS LLP 230 PARK AVE FL 3 NEW YORK NY 101690005 990 2025-01-01 474405261 TEAMFUND INC TEAM 9085784688 12408 HAUTREE CT PALM BEACH GARDENS FL 33418 TIMOTHY M RING TREASURER 9085784688 2026-09-22 1 YIGIT UCTUM CPA P01269549 2125511724 2026-09-21 2025 X YOUSUF MAZHAR 12408 HAUTREE CT PALM BEACH GARDENS FL 33418 206028 0 X TEAMFUNDHEALTH.ORG X 2014 DE TO PROVIDE AFFORDABLE APPROP. MEDTECH FOR UNDERSERVED/LOW-RESOURCE GLOBAL HEALTHCARE SETTINGS. 8 8 0 17 0 0 10000 100100 0 0 161926 105928 0 0 171926 206028 50000 50000 0 0 473602 527674 0 0 0 180745 296925 704347 874599 -532421 -668571 9298859 9058117 194349 187249 9104510 8870868 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. 0 0 608272 50000 0 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. 608272 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AK CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WV WI AR CO CT DC DE ME WA X TIMOTHY M RING 9085784688 12408 HAUTREE CT PALM BEACH GARDENS FL 33418 KATHRYN L GLEASON SECRETARY 37.00 X X 0 0 0 TIMOTHY M RING TREASURER 37.00 X X 0 0 0 KRISTOFFER GANDRUP-MARINO DIRECTOR 0.50 X 0 0 0 CHARLES FLEISCHMAN DIRECTOR (THRU NOVEMBER) 0.50 X 0 0 0 CHRISTOPHER EGERTON-WARBURTON DIRECTOR 0.50 X 0 0 0 RAJIV DOSHI DIRECTOR 0.50 X 0 0 0 LEITH GREENSLADE DIRECTOR 0.50 X 0 0 0 GBENGA OGEDEGBE DIRECTOR 0.50 X 0 0 0 PETER BAIRD DIRECTOR 0.50 X 0 0 0 YOUSUF MAZHAR MANAGING PARTNER 28.00 12.00 X 309416 132607 25164 CHRISTOPHER HAYNES PRINCIPAL 30.40 9.60 X 143759 45398 19032 453175 178005 44196 2 0 1 0 0 100100 100100 105928 105928 206028 0 0 105928 X 50000 50000 485255 414893 70362 17016 14549 2467 25403 21720 3683 106457 106457 90229 78142 12087 21508 2836 18672 10584 7332 3252 49265 16896 32369 1904 1904 7000 7000 9978 9978 874599 608272 266327 0 73806 72964 2726844 1564318 78901 89444 15373 19486 6086435 7001405 17500 10500 300000 300000 9298859 9058117 194349 187249 194349 187249 X 7798219 8002034 1306291 868834 9104510 8870868 9298859 9058117 -668571 434929 0 X 0 1 X 1 0 X 260000 59630 370040 10000 100100 799770 260000 59630 370040 10000 100100 799770 593294 206476 67685 112749 169576 161926 105928 617864 1417634 0.14560 0.09660 X 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN LIMITED PARTNERSHIP 7001405 F 7001405 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM RELATED INVESTMENT 7001405 0 0 0 0 0 0 7001405 0 7001405 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 2025 GLOBAL HEALTH INNOVATION AWARD 50000 WIRE 0 0 1 1 0 0 0 0 0 PART I, LINE 2: 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. X X X X X 0 0 0 0 0 0 0 0 0 YOUSUF MAZHAR MANAGING PARTNER 260203 111516 49213 21091 0 0 0 0 17615 7549 327031 140156 0 0 CHRISTOPHER HAYNES PRINCIPAL 125519 39638 18240 5760 0 0 0 0 14464 4568 158223 49966 0 0 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. 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 TEAMFUND LP WALKERS CORPORATE - CAYMAN CORPORAT GEORGE TOWN CJ KY1-9008 981469803 INVESTMENT IN SOCIAL ENTERPRISES CJ TEAMFUND HOLDINGS LLC RELATED 157664 6074061 0 1 0.24000 TEAMFUND II LP 251 LITTLE FALLS DRIVE WILMINGTON DE 19808 INVESTMENT IN SOCIAL ENTERPRISES DE TEAMFUND GP LLC RELATED 0 1 1.00000 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 TEAMFUND LP B 480001 FACE VALUE TEAMFUND LP P 300000 FACE VALUE