Charity Impact Media

Home › Arts, culture & humanities

Aurora Humanitarian Initiative Foundation

Also known as Co Flagship Pioneering

Cambridge, MA · EIN 36-4808338 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Aurora Humanitarian Initiative Foundation reported $15.3 million in revenue and $4.8 million in expenses for calendar year 2024. Of every $100 it spent, $87.38 went to program services, $8.66 to management and general costs and $3.96 to fundraising. Its largest source of revenue was contributions and grants: 100.0% of the total. The highest compensation it reported for one person was $180,000 (CHIEF EXECUTIVE OFFICER (AS OF 09/24)). 3 people received more than $100,000 in reportable compensation. Revenue rose 1078% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $4.8M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $15M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 876 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.4%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
8.7%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
4.0%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
100.0%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.7%
Program service revenue share
Part VIII 2g ÷ 12
0.0%20.8%
Highest reported compensation
Part VII-A, columns D–F
$180,000$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.74%2.03%
People paid over $100,000
Part VII, line 2
38
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
40.036.6
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$4.2M expenses · 100.0% of program spending · grants $2.5M

The Aurora Humanitarian Initiative is a foundation that seeks to address on-the-ground humanitarian challenges around the world with the focus on helping the most destitute. Its mission is rooted in the Armenian history as the Initiative was founded on behalf of the survivors of the Armenian Genocide and in gratitude to their saviors, and strives to transform this experience into a global movement. See Schedule F for more details

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER (AS OF 09/24)
Officer, 40.0 hrs/week
$180,000$0$0$180,000
DIRECTOR OF DEVELOPMENT
Highest compensated employee, 40.0 hrs/week
$180,000$0$0$180,000
CHIEF FINANCIAL OFFICER (AS OF 04/24)
Officer, 40.0 hrs/week
$114,423$0$0$114,423
Chief Financial Officer/Treasurer (THRU 04/24)
Officer, 4.0 hrs/week
$11,538$0$0$11,538

3 people received more than $100,000 in reportable compensation from Aurora Humanitarian Initiative Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $306K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$15M$4.8M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$15M$4.8M87.4%$16M$180,000
2023 (amended) ⓘ$4.1M$1.9M81.5%$4.7M$126,913
2022 ⓘ$6.1M$3.7M95.0%$2.5M$27,500
2021 ⓘ$1.8M$2.6M95.7%$113K$12,500
2020 ⓘ$4.1M$3.3M97.5%$900K—
2019 ⓘ$1.3M$1.4M87.1%$72,153—

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 53
  • Volunteers Part I, line 615

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
APCO Worldwide
PR and Communication services
$499,352
Community Counseling Service Co LLC
Consulting
$332,500

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Aurora Humanitarian Initiative Foundation totaling $1.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Aurora Humanitarian Initiative Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Aurora Humanitarian Initiative Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All arts, culture & humanities charities · Largest charities in Massachusetts

Questions people ask

How much of Aurora Humanitarian Initiative Foundation's spending goes to programs?

In calendar year 2024, Aurora Humanitarian Initiative Foundation reported that 87.4% of its $4.8 million in expenses went to program services, 8.7% to management and general and 4.0% to fundraising (Form 990, Part IX).

How much does Aurora Humanitarian Initiative Foundation pay its top executive?

The largest total compensation Aurora Humanitarian Initiative Foundation reported for one person in calendar year 2024 was $180,000, for the role of CHIEF EXECUTIVE OFFICER (AS OF 09/24) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Aurora Humanitarian Initiative Foundation get its money?

Of $15.3 million in revenue in calendar year 2024, 100.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Aurora Humanitarian Initiative Foundation a registered charity?

The IRS lists EIN 36-4808338 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533189349315608 · read the filing · XML
  • 2023: Form 990 for calendar year 2023 (amended), object 202521619349301512 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202430119349300258 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243189349300004 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103199349311885 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023189349301862 · read the filing

All filings for EIN 36-4808338: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.