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RRA 50 FORWARD FUND INC

NEW YORK, NY · EIN 832895526 · Form 990PF · FY2024 · NTEE P12 · Human Services · Micro (<$100K)
revenue
$0
expenses
$10K
net assets
$345K
employees
profile · synthesized from sources

RRA 50 FORWARD FUND INC is a New York-based nonprofit that supports humanitarian and charitable causes through grantmaking. The organization funds international relief efforts, including vaccine access during the COVID-19 pandemic, and supports online giving platforms that reduce donation processing costs for nonprofits. Its activities are focused on enabling community impact through strategic philanthropy.

named programs · 2 · from sources

What they call their work

Global Humanitarian Grantmaking
Provides financial support to international humanitarian organizations such as the International Committee of the Red Cross and GAVI Alliance to assist victims of conflict and improve global vaccine access.
Support for Online Giving Infrastructure
Funds online giving platforms like American Online Giving Foundation and UK Online Giving Foundation to reduce nonprofit overhead and streamline corporate-employee charitable giving.
activities · 4 groups

What they do

  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding COVAX Advance Market Commitment for global vaccine distribution
      Funds the GAVI Alliance to support the COVAX Advance Market Commitment, enabling the procurement and distribution of COVID-19 vaccines to low- and middle-income countries.
  • Refugee and Immigrant Resettlement Services 1 activity
    • Funding humanitarian assistance through the International Committee of the Red Cross
      Provides funding to the International Committee of the Red Cross to support humanitarian assistance and protection for victims of armed conflict and violence.
  • Workplace and Affiliate Giving Programs 1 activity
    • Funding the American Online Giving Foundation to streamline nonprofit-corporate partnerships
      Funds the American Online Giving Foundation to connect nonprofits with major corporations and their employees through technology, reducing administrative burdens and increasing community impact.
  • Digital Donation Processing Platforms 1 activity
    • Funding the UK Online Giving Foundation to reduce charity donation processing costs
      Funds the UK Online Giving Foundation to reduce donation processing costs and overhead for charities through automated aggregation and outsourced donation management.
financials · form 990PF · fy2024
revenue
Total revenue$0
Contributions & grants
Program service revenue
Investment income$0
Other revenue$0
expenses
Total expenses$10K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$53K
balance sheet
Total assets$353K
Cash
Investments
Liabilities
Net assets$345K
4 years on record · 2020–2024
relationships · 4

Who they work with

  • American Online Giving Foundation Partner — Funded to connect nonprofits with corporate donors through technology platforms.
  • GAVI Alliance Partner — Funded to support global distribution of COVID-19 vaccines through the COVAX Advance Market Commitment.
  • International Committee of the Red Partner — Funded to support humanitarian assistance for victims of armed conflict.
  • UK Online Giving Foundation Partner — Funded to reduce donation processing costs through automation and outsourcing.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Technology-Enabled Grant Facilitation
    methodology: technology_enabled_grant_facilitation
    By using technology-enabled platforms to streamline corporate giving and donation processing, we increase funding efficiency for nonprofits and reduce their administrative costs, because automation allows charities to redirect resources toward program delivery rather than administrative overhead.