2022-11-15T12:01:52-06:00 2021-12-31 390974031 WEGNER CPAS LLP 419 N LEE ST ALEXANDRIA VA 223142301 990 2021-01-01 850922903 MOJALOOP FOUNDATION INC MOJA 7812460500 401 EDGEWATER PLACE 600 WAKEFIELD MA 01880 PAULA HUNTER EXECUTIVE DIRECTOR 7812460500 2022-11-15 1 PAULA HUNTER 999009999 GLENN MILLER CPA P00086726 7035190990 2022-11-08 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z PAULA HUNTER 401 EDGEWATER PLACE 600 WAKEFIELD MA 01880 3582633 0 X MOJALOOP.IO/FOUNDATION X 2020 DE OUR MISSION IS TO INCREASE FINANCIAL INCLUSION BY EMPOWERING ORGANIZATIONS CREATING INTEROPERABLE PAYMENTS SYSTEMS TO ENABLE DIGITAL FINANCIAL SERVICES FOR ALL. 8 8 0 25 0 0 1605721 3582633 0 0 0 0 0 0 1605721 3582633 0 0 0 0 0 0 0 0 88462 833444 2772595 833444 2772595 772277 810038 1445902 2277277 673625 694962 772277 1582315 OUR MISSION IS TO INCREASE FINANCIAL INCLUSION BY EMPOWERING ORGANIZATIONS CREATING INTEROPERABLE PAYMENTS SYSTEMS TO ENABLE DIGITAL FINANCIAL SERVICES FOR ALL. 0 0 2217575 THE ORGANIZATION MAINTAINS THE FREE, OPEN SOURCE SOFTWARE, MOJALOOP, AND ITS COMMUNITY AS PUBLIC GOODS IN SERVICE OF FINANCIAL INCLUSION. MERCHANTS, CENTRAL BANKS, SERVICE PROVIDERS, GOVERNMENT OFFICES, AND OTHER ENTITIES LOOKING TO BUILD INCLUSIVE PAYMENTS PLATFORMS CAN USE MOJALOOP--WHOLE, ADAPTED, OR AS A REAL-TIME PAYMENTS REFERENCE MODEL. MEMBERSHIP IS OPEN TO MISSION-DRIVEN, NON-GOVERNMENTAL AND TECHNOLOGY ENTITIES FOCUSED ON ADVANCING FINANCIAL INCLUSION. TRAINING, EVENTS, AND OTHER EDUCATIONAL ACTIVITIES ARE PROVIDED TO THE COMMUNITY, AND PARTICIPATION IN THE COMMUNITY IS OPEN AND FREE TO ALL. 2217575 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X VIRTUAL INC 7812460500 401 EDGEWATER PLACE 600 WAKEFIELD MA 01880 X KONSTANTIN PERIC CHAIR 1.00 X X 0 0 0 ROBERT RON TREASURER 1.00 X X 0 0 0 ADAMA DIALLO DIRECTOR 1.00 X 0 0 0 MATSELISO THABANE DIRECTOR 1.00 X 0 0 0 DAVID WEXLER DIRECTOR 1.00 X 0 0 0 KEN WEBER DIRECTOR 1.00 X 0 0 0 KEVIN O'NEIL DIRECTOR 1.00 X 0 0 0 MILLER ABEL DIRECTOR 1.00 X 0 0 0 ADRIAN HOPE-BAILIE DIRECTOR (THRU AUG 2021) 1.00 X 0 0 0 HERMANT GALA DIRECTOR (THRU JUNE 2021) 1.00 X 0 0 0 CV MADHUKAR DIRECTOR (THRU JUNE 2021) 1.00 X 0 0 0 PAULA HUNTER EXECUTIVE DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 0 VIRTUAL INC 401 EDGEWATER PLACE 600 WAKEFIELD MA 01880 MANAGEMENT SERVICES 919726 MODUS BOX PO BOX 14408 SEATTLE WA 98114 IT INFRASTRUCTURE 777576 CROSSLAKE 620 KIRKLAND WAY SUITE 204 KIRKLAND WA 98033 IT INFRASTRUCTURE 433910 MILA CONSULTING 1 HOFFERSBROOK FARM ROYALSTON RD HARSTON CAMBRIDGESHIRE CB UK MANAGEMENT SUPPORT: GTM DIRECTOR 216680 4 1185000 2397633 3582633 3582633 0 0 0 824733 659786 129980 34967 46711 37368 7007 2336 1500 1500 3500 3500 869661 695730 130448 43483 16271 13017 3254 852968 682374 170594 117513 94010 17627 5876 3738 2990 748 MEMBERSHIP OPERATIONS 36000 28800 5400 1800 2772595 2217575 466558 88462 1369402 1931121 75000 310000 1500 15156 0 21000 1445902 2277277 207375 168712 466250 526250 673625 694962 X 772277 1582315 772277 1582315 1445902 2277277 810038 0 X 0 0 0 X 1605721 3582633 5188354 1605721 3582633 5188354 3759963 1428391 5188354 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION HAS TWO CLASSES OF MEMBERSHIP, REPRESENTING MEMBERS THAT PUBLICLY (BUT NONEXCLUSIVELY) SUPPORT THE FOUNDATION'S CHARITABLE AND EDUCATIONAL PURPOSES: (A) SPONSOR MEMBERS AND (B) PROMOTER MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A SPONSOR MEMBERS HAVE THE RIGHT TO APPOINT A DIRECTOR TO THE BOARD OF DIRECTORS. SPONSOR MEMBERS ALSO HAVE THE RIGHT TO APPOINT A DELEGATE TO THE TECHNICAL GOVERNING BOARD. PROMOTER MEMBERS HAVE THE RIGHT TO NOMINATE AND VOTE TO ELECT DELEGATES TO THE TECHNICAL GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 WAS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISTRIBUTION OF THIS POLICY AND DISCLOSURES. A COPY OF THIS POLICY MUST BE FURNISHED ANNUALLY TO ALL INCUMBENT AND INCOMING DIRECTORS AND OFFICERS OF THE FOUNDATION. EACH DIRECTOR AND OFFICER SHALL ANNUALLY SIGN A STATEMENT OR AFFIRM AT A MEETING OF THE BOARD OF DIRECTORS THAT HE OR SHE HAS RECEIVED A COPY OF THIS POLICY; HAS READ AND UNDERSTANDS THE POLICY; AND HAS AGREED TO COMPLY WITH THIS POLICY. EACH YEAR EACH DIRECTOR AND OFFICER SHALL FILE A STATEMENT WITH THE BOARD OF DIRECTORS THAT LISTS: (A) ANY OUTSIDE EMPLOYMENT OR CONSULTING WORK THAT COULD CONSTITUTE A CONFLICT; AND (B) ANY BOARD MEMBERSHIP OR AFFILIATION WITH OTHER ORGANIZATIONS THAT COULD CONSTITUTE A CONFLICT. EACH DIRECTOR AND OFFICER MUST ALSO LIST HIS OR HER INVESTMENTS IN ANY FOUNDATION, PARTNERSHIP, TRUST, OR FUND IN WHICH HE OR SHE, TOGETHER WITH MEMBERS OF HIS OR HER FAMILY, HAS DIRECTLY OR INDIRECTLY A GREATER THAN 35% OWNERSHIP INTEREST, REGARDLESS OF WHETHER SUCH INVESTMENTS COULD CONSTITUTE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAS A COMPENSATION COMMITTEE COMPRISED OF DIRECTORS THAT HIRED AN EXTERNAL CONSULTANT TO ACCESS THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND MAKE RECOMMENDATIONS TO THE COMMITTEE WITH REGARD TO THE COMPENSATION OF THE ED. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND TAX FILINGS AVAILABLE TO THE PUBLIC.