2022-04-19T14:33:58Z 2020-09-30 990 2019-10-01 223900800 VISIONFUND INTERNATIONAL VISI 6263038811 800 W CHESTNUT AVE MONROVIA CA 910163106 Janet Tan Finance and Accounting Manager 2022-04-19 2019 2022-09-23 18:48:47Z Christopher Laurent 800 West Chestnut Avenue Monrovia CA 91016 33311074 false X X 2003 CA VisionFund International (VFI) was established for the purpose of supporting World Vision International (WVI) by coordinating and providing funding to WV-affiliated microfinance institutions located in developing countries. 11 7 90 0 0 0 14694144 15258212 19057190 18052862 0 0 0 0 33751334 33311074 2424523 3116109 0 0 8627994 9973517 0 1316356 1316356 13744304 12844966 24796821 25934592 8954513 7376482 238208830 255530649 49356674 65583747 188852156 189946902 VisionFund International (VFI) was established for the purpose of supporting World Vision International (WVI) by coordinating and providing funding to World Vision-affiliated microfinance institutions (MFIs) located in developing countries. These MFIs provide small loans to individuals and groups who lack access to normal banking facilities. To better accomplish its mission, VFI plans to own or control all of World Vision's affiliated MFIs. The primary activity of the subsidiaries is to provide commercially oriented microfinance services aiming to alleviate poverty and stimulate the creation of employment opportunities for the poor, particularly in areas of World Vision ministry. false false 22471159 3116109 18052862 Micro-enterprise lending - VisionFund International extends loans to affiliated microfinance institutions (MFIs) located in underdeveloped countries as part of World Vision International's global ministry of aiding people to alleviate poverty and better their lives. At Sept 30, 2020, the loans to MFIs totaled $108,108,884 compared to $105,381,443 at the end of Fiscal Year 2019. 22471159 true true false false false false false false false false false false true false false false true true false true true true false false false false false false false true false false false false false false false false false false false false false true true true true false true X 0 0 true 90 true false false true false false false false false false false false false false X 11 7 false false false false true true true true true false false false true true true true false false false false X Matthew Harvey 6263038811 VisionFund International 800 West Chestnut Avenue Monrovia CA 91016 James Bere Jr Board Chairman 4.00 X X 0 0 0 Suanne deBoer-Miedema Board Vice Chairperson 1.00 X X 0 0 0 Andrew Morley Board of Director 1.00 40.00 X 0 403767 19328 Chris Glynn Board of Director 1.00 X 0 0 0 Emma Osborne Board of Director 1.00 X 0 0 0 Jean Baptiste Kamate Board of Director / President and CEO 1.00 40.00 X X 0 396529 19328 Katherine Lam Board of Director 1.00 X 0 0 0 Luis Hermosa Board of Director 1.00 X 0 0 0 Petronella Chigara-Dhitima Board of Director 1.00 X 0 0 0 Stephen Lockley Board of Director / President & CEO 1.00 40.00 X X 0 237809 9656 Tiffany Huang Board of Director 1.00 X 0 0 0 Michael Mithika CEO/Board of Director 40.00 X X 293261 0 19328 Christopher Laurent Chief Finance Officer 40.00 0.00 X X 167985 0 5000 Matthew Harvey Secretary 20.00 20.00 X 0 135273 19901 Tim Burgett Assistant Secretary 0.00 40.00 X 0 190981 53308 Richard Reynolds Global Director of Operations and Portfolio 40.00 X 147089 0 32769 Adrian Merryman Chief Development and Impact Investment Officer 40.00 X 132084 0 31518 Elizabeth Haegelin Assistant Secretary 0.00 40.00 X 0 131320 21854 Miyon Kautz Marketing and Engagement Director 40.00 X 130105 0 36288 Nathan Brown Global Head of L&D, People Resources 40.00 0.00 X 110969 0 22105 981493 1495679 290383 14 false true false BankBI UK Limited 5 Milbanke Court Milbanke Way Bracknel Berkshire UK Systems 542751 RJB Systems Inc 2200 E 104th Avenue Ste 209 Thornton CO 80233 Systems 484110 Software Group Ltd 115N Tsarigradsko Shossse Blvd BU Systems 137376 Global Parametrics Holding Company 1 Fore Street Avenue London UK EC2Y 9DT Insurance 179250 KPMG LLP PO Box 120922 Dallas TX 75312 Audit 236500 5 0 0 0 2623579 0 12634633 15258212 Interest, fees and commission revenue 523000 13373188 13373188 0 0 Partnership Fees 523000 4679674 4679674 0 0 18052862 0 0 33311074 18052862 0 0 0 0 0 0 3116109 3116109 0 0 1031892 0 1031892 0 0 0 0 0 6015469 5331620 0 683849 315170 244518 53286 17366 2288194 1537170 403854 347170 322792 190840 125691 6261 0 0 0 0 215161 161225 53936 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 148225 121319 15693 11213 495097 495097 0 0 0 0 0 0 427908 128759 279988 19161 574537 472662 39806 62069 0 0 0 0 76415 55630 20785 0 3251727 3251727 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Professional fees 1446995 1196534 108983 141478 Foreign Exchange Losses 5100562 5100562 0 0 Training and technical assistance 35038 26475 7813 750 Other Operating Exp 27888 16727 5350 5811 1045413 1024185 0 21228 25934592 22471159 2147077 1316356 15175432 27796791 0 0 0 0 7338520 10381686 0 0 0 0 105381443 108108884 0 0 3167479 1777146 0 0 0 0 0 0 0 0 101869010 104212228 0 0 5276946 3253914 238208830 255530649 595189 1052562 0 0 270168 168569 0 0 0 0 0 0 0 0 46279643 62503707 2211674 1858909 49356674 65583747 X 188173568 186748013 678588 3198889 0 0 0 0 0 0 188852156 189946902 238208830 255530649 X 7376482 0 0 0 0 -6281736 X false true X true false X X 1 World Vision International 953202116 1 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Long-Term Investment - VF Myanmar 18711206 Long-Term Investment - VF Ecuador 16504150 Long-term Investment - VF Tanzania 7373128 Long-term Investment - AI Holding 7215775 Long-term Investment - FUNED 6028478 Long-term Investment - SEF 5354509 Long-term Investment - VF Senegal 5101896 Long-term Investment - VF Uganda 4145871 Long-term investment - VF Mexico 3934666 Long-Term Investment - VF DRC 3577807 Long-Term Investment - VF Mongolia 3021592 Long-term investment - VF Guatemala 2986154 Long-term investment - VF Zambia 2965395 Long-Term Investment - VFRD 2856308 Long-Term Investment - VF Lanka 2597443 Long-term investment - VF Malawi 2503499 Long-term investment - VF Credo 2289447 Long-Term Investment - VF Kenya 2210965 Long-Term Investment - VF Ghana 1993319 Long Term Investment - CrediVision 1572907 Long-Term Investment - VF Rwanda 1267713 104212228 0 0 0 127100490 0 0 0 93789416 93789416 33311074 0 0 0 33311074 132328362 0 0 0 106393770 106393770 25934592 0 0 0 25934592 Part XI, Line 2d Subsidiary Interest, Fees and Commission Revenue - $93,809,264. Subsidiary Indirect Public Support - 384,012. Subsidiary Funds Recovered from Loans Written-off - 1,800,031. Subsidiary Other Operating Income - (2,203,891). Total: $93,789,416. Part XII, Line 2d Subsidiary Operating Expense - $73,511,038. Subsidiary Interest, Fees, and Commission Revenue - 18,360,106. Subsidiary Provision for Loan Loss - 17,070,198. Subsidiary Other Non-Operating Loss - (874). Subsidiary Grant - (1,221,056). Subsidiary Foreign Exchange Loss - (1,325,642). Total: $106,393,770. Central America and the Caribbean Management and General Expenses Microfinance 478186 Central America and the Caribbean Fundraising Microfinance 390 Europe (including Iceland and Greenland) 1 18 Management and General Expenses Microfinance 26596 Central America and the Caribbean Program Service Expenses Microfinance 16033 Europe (including Iceland and Greenland) Fundraising Microfinance 158195 Europe (including Iceland and Greenland) Management and General Expenses Microfinance 2808348 Sub-Saharan Africa Management and General Expenses Microfinance 1911523 Europe (including Iceland and Greenland) Program Service Expenes Microfinance 233413 Sub-Saharan Africa Fundraising Microfinance 100726 Sub-Saharan Africa Program Service Expenses Microfinance 26 South Asia Fundraising Microfinance 8213 South Asia Management and General Expenses Microfinance 175431 Russia and Neighbouring States Program Service Expenses Microfinance 81590 East Asia and the Pacific Fundraising Microfinance 108525 South Asia Program Service Expenses Microfinance 62109 East Asia and the Pacific Management and General Expenses Microfinance 700461 East Asia and the Pacific Program Service Expenses Microfinance 3013 North America Management and General Expenses Microfinance 180 South America Management and General Expenses Microfinance 670348 South America Fundraising Microfinance 42347 North America Program Service Expenses Microfinance 168728 1 18 0 0 1 18 7754381 0 7754381 East Asia and the Pacific Microfinance 1221056 Wire transfer Sub-Saharan Africa Microfinance 254980 Wire Transfer Sub-Saharan Africa Microfinance 48973 Wire Transfer Sub-Saharan Africa Microfinance 70000 Wire Transfer 4 false false true false false false X X true true X false false false false false false false false false Andrew Morley Board of Director 0 365274 0 0 0 38493 0 0 0 19328 0 423095 0 0 Jean Baptiste Kamate Board of Director/President & CEO 0 251113 0 0 0 145416 0 0 0 19328 0 415857 0 0 Michael Mithika Board of Director & CEO 229603 0 0 0 63658 0 0 0 19328 0 312589 0 0 0 Stephen Lockley Board of Director/President & CEO 0 230507 0 0 0 7302 0 0 0 9656 0 247465 0 0 Tim Burgett Assistant Secretary 0 185936 0 0 0 5045 0 31736 0 21572 0 244289 0 0 Richard Reynolds Global Director of Products 147089 0 0 0 0 0 22855 0 9914 0 179858 0 0 0 Christopher Laurent CFO 172216 0 0 0 -4231 0 0 0 5000 0 172985 0 0 0 Miyon Kautz Marketing and Engagement Director 130105 0 0 0 0 0 26374 0 9914 0 166393 0 0 0 Adrian Merryman Chief Development and Impact 132084 0 0 0 0 0 14946 0 16572 0 163602 0 0 0 Matthew Harvey Secretary 0 135273 0 0 0 0 0 14507 0 5394 0 155174 0 0 Elizabeth Haegelin Assistant Secretary 0 131320 0 0 0 0 0 16460 0 5394 0 153174 0 0 Nathan Brown Global Head of L&D, People Resources 110969 0 0 0 0 0 12191 0 9914 0 133074 0 0 0 Part V, Line 3b VFI did not have any unrelated business gross income of $1,000 or more during the year. Part VI, Line 11b Form 990 is reviewed by Assistant Controller, CFO, and a legal representative from WVI. Part VI, Line 12c There is an annual conflict of interest disclosure statement and disciplinary action may include termination of employment. Part VI, Line 19 The organization makes its annual report available to the general public on its website, including financial reports. Other documents are available upon request. Part VI, Line 1a During the interval between meetings of the Board of Directors, the Board's Executive Committee may exercise the powers of the full Board to act upon any matters which, in the opinion of the Chairman of the Board, should not be postponed until the next previously scheduled meeting of the Board. However, the Committee does not have the power or authority of the Board in reference to (1) matters reserved to the full Board in the company bylaws. (2) amending the company bylaws, or (3) appointing or dismissing the CEO. Part VI, Line 6 World Vision International (WVI), the parent of VisionFund International (VFI), is the sole statutory member of VFI. Part VI, Line 7a WVI, the parent of VFI, elects the governing body. Part VI, Line 7b Certain decisions of the VFI Board are subject to the approval of WVI as sole member of VFI. Part XI, Line 9 Changes in values of Net Assets in Subsidiaries is $(6,281,736). AgroInvest Foundation Montenegro Moskovska 93 Podgorica Montenegro MJ Microfinance MJ VFI false AgroInvest Foundation Serbia Pazinska 16 11000 Nis Serbia RI Microfinance RI VFI false World Vision International 800 West Chestnut Ave Monrovia CA 91016 Relief Agency CA 501 (c)(3) 170(b)(1)A(i) NA false VF Credo Foundation No 4 Pekini St Tbilisi Georgia GG Microfinance GG VFI false AgroInvest Foundation Montenegro Moskovska 93 Podgorica Montenegro MJ Microfinance MJ VFI false AgroInvest Foundation Serbia Pazinska 16 11000 Nis Serbia RI Microfinance RI VFI false VF Credo Foundation No 4 Pekini St Tbilisi Georgia GG Microfinance GG VFI false World Vision International 800 West Chestnut Ave Monrovia CA 91016 Relief Agency CA 501 (c)(3) 170(b)(1)A(i) NA false VF Credo Foundation No 4 Pekini St Tbilisi Georgia GG Microfinance GG VFI false AgroInvest Foundation Serbia Pazinska 16 11000 Nis Serbia RI Microfinance RI VFI false AgroInvest Foundation Montenegro Moskovska 93 Podgorica Montenegro MJ Microfinance MJ VFI false World Vision International 800 West Chestnut Ave Monrovia CA 91016 Relief Agency CA 501 (c)(3) 170(b)(1)A(i) NA false AgroInvest Fund LLC Serbia RI Microfinance RI VF AgroInvest C corp -601415 6964409 1.00000 false MFI Monte Credit LLC Montenegro MJ Microfinance MJ VF AgroInvest C corp 87379 10761920 1.00000 false VisionFund Caucasus LLC Georgia GG Microfinance GG VF Credo C corp 0 2289447 1.00000 false VisionFund AgroInvest LLC Holding Montenegro MJ Microfinance MJ VFI C corp -607283 16594626 1.00000 false Vision F Mexico SA de CV SOFOM ENR NA MX Microfinance MX VFI C corp -34225 25047612 1.00000 false SEF International Universal Credit Organization LLC NA AM Microfinance AM VFI C corp 711846 32299014 1.00000 false EDPYME CrediVision SA NA Arusha PE Microfinance PE VFI C corp 187734 8142062 1.00000 false VisionFund Zambia Ltd 6810 Chiwalamabwe Road Lusaka ZA Microfinance ZA VFI C corp 828229 5932958 1.00000 false VisionFund Limited Opposite Napham MI Microfinance MI VFI C corp -286355 8108878 1.00000 false VisionFund Tanzania Microfinance Bank Limited Blue Plaza India St Arusha TZ Microfinance TZ VFI C corp -450508 14134087 1.00000 false VisionFund Lanka Limited No 6198 Dr Danister De Silva Mawatha Colombo 09 CE Microfinance CE VisionFund Holdings Private Limited C corp 0 4341440 1.00000 false VisionFund Kenya Limited Karen Road Nairobi KE Microfinance KE VFI C corp 426889 6689768 1.00000 false VisionFund Uganda Limited Church Road Kampala UG Microfinance UG VFI C corp -1112007 9484571 1.00000 false FUNED VisionFund OPDF Colonia Montecarlo HO Microfinance HO VFI C corp -3253586 25224431 1.00000 false VisionFund Holdings Private Limited No 6198 Dr Danister De Silva Mawatha Colombo 09 CE Microfinance CE VFI C corp -1456328 11325947 1.00000 false VisionFund Mongolia NBFI LLC Ulaanbaatar MG Microfinance MG VFI C corp 131316 5456727 1.00000 false VF Lanka Rwanda Ltd PO Box 6893 Kacyiru Kigali RW Microfinance RW VFI C corp -145687 4744040 1.00000 false VisionFund Ghana Money Lending Limited Greater Accra Region GH Microfinance GH VFI C corp 196037 8676934 1.00000 false VisionFund Republica Dominicana SAS Calle Lea de Castro No 205 DR Microfinance DR VFI C corp -878791 4171100 1.00000 false VisionFund Myanmar Company Limited No 95A 7ty floor Kyaik Wine Pagoda Road Yangon BM Microfinance BM VFI C corp 2160645 85011587 1.00000 false Banco VisionFund Ecuador SA Av Jaime Rivadeneira 688 y Mariano Acosta Ibarra EC Microfinance EC VFI C corp 718133 84879438 1.00000 false VisionFund Guatemala SA 14 Calle Entre 4 y 5 Av Zona 1 Chimaltenango GT Microfinance GT VFI C corp -1768785 11909228 1.00000 false VisionFund DRC SA 21 Avenue Matadi CG Microfinance CG VFI C corp -2266056 6901437 0.80000 false VisionFund Senegal Sacre-Coeur 3 VDN Villa 10295 Dakar SG Microfinance SG VFI C corp 194736 8624064 1.00000 false true true true true true true false false false false false false false true true false false false true VisionFund Zambia Ltd VF Zambia d 2159777 Fair market value VisionFund Uganda Limited VF Uganda d 3994830 Fair market value VisionFund Zambia Ltd VF Zambia b 1587000 Fair market value VisionFund Senegal VF Senegal s 58601 Fair market value VisionFund Rwanda Ltd VF Rwanda d 1303561 Fair market value VisionFund Senegal VF Senegal a 204539 Fair market value EDPYME CrediVision SA Credivision d 6297152 Fair market value VisionFund Myanmar Company Limited VF Myanmar a 1350536 Fair market value VisionFund Ltd VF Malawi s 61811 Fair market value VisionFund Ltd VF Malawi b 350721 Fair market value VisionFund Kenya Ltd VF Kenya b 500000 Fair market value VisionFund Guatemala VF Guatemala a 1136512 Fair market value FUNED VisionFund OPDF FUNED s 217135 Fair market value VisionFund Ghana Money Lending Limited VF Ghana s 127209 Fair market value VisionFund Republica Dominicana SAS VFRD d 388647 Fair market value Vision Fund AgroInvest LLC AI Holding d 5978555 Fair market value VisionFund Uganda Limited VF Uganda s 77199 Fair market value VisionFund Zambia Ltd VF Zambia a 691156 Fair market value VisionFund Rwanda Ltd VF Rwanda b 493062 Fair market value VisionFund Senegal VF Senegal b 936156 Fair market value VisionFund Senegal VF Senegal d 3896047 Fair market value VisionFund Uganda Limited VF Uganda b 809847 Fair market value VisionFund Myanmar Company Limited VF Myanmar d 10937206 Fair market value VisionFund Myanmar Company Limited VF Myanmar b 501758 Fair market value VisionFund Ltd VF Malawi d 4933629 Fair market value VisionFund Kenya Ltd VF Kenya d 644388 Fair market value VisionFund Guatemala VF Guatemala s 95282 Fair market value FUNED VisionFund OPDF FUNED d 12494551 Fair market value VisionFund Guatemala VF Guatemala b 584008 Fair market value VisionFund Ecuador VF Ecuador d 12500000 Fair market value VisionFund Ghana Money Lending Limited VF Ghana b 332940 Fair market value VisionFund Ecuador VF Ecuador a 795832 Fair market value VisionFund Republica Dominicana SAS VFRD s 35743 Fair market value VisionFund DRC SA VF DRC d 1410010 Fair market value SEF International Universal Credit Organization LLC SEF d 1000000 Fair market value