2021-10-07T09:53:54-05:00 2020-12-31 390974031 WEGNER CPAS LLP 419 N LEE ST ALEXANDRIA VA 223142301 990 2020-04-30 850922903 MOJALOOP FOUNDATION INC MOJA 7812460500 401 EDGEWATER PLACE NO 600 WAKEFIELD MA 01880 PAULA HUNTER EXECUTIVE DIRECTOR 7812460500 2021-10-06 1 PAULA HUNTER 999009999 GLENN MILLER CPA P00086726 7035190990 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z X X PAULA HUNTER 401 EDGEWATER PLACE NO 600 WAKEFIELD MA 01880 1605721 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. 10 10 0 18 0 0 1605721 0 0 0 1605721 0 0 0 0 32525 833444 833444 772277 1445902 673625 772277 OUR MISSION IS TO INCREASE FINANCIAL INCLUSION BY EMPOWERING ORGANIZATIONS CREATING INTEROPERABLE PAYMENTS SYSTEMS TO ENABLE DIGITAL FINANCIAL SERVICES FOR ALL. 0 0 666755 0 0 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. 666755 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 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X VIRTUAL INC 7812460500 401 EDGEWATER PLACE NO 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 ADRIAN HOPE-BAILIE DIRECTOR 1.00 X 0 0 0 CV MADHUKAR 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 HEMANT GALA DIRECTOR 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 293675 MODUS BOX 7525 SE 24TH ST STE 510 MERCER ISLAND WA 98040 TRAINING PROGRAM 234692 2 968750 636971 1605721 1605721 0 0 0 267049 213639 42441 10969 6445 5156 967 322 387104 309683 58066 19355 5705 4564 1141 129561 103649 25912 25580 20464 3837 1279 MEMBERSHIP OPERATIONS 12000 9600 1800 600 833444 666755 134164 32525 1369402 75000 1500 0 1445902 207375 466250 0 673625 X 772277 0 772277 0 1445902 772277 0 X 0 0 0 X 1605721 1605721 1605721 1605721 1168088 437633 1605721 X PART II, SHORT YEAR EXPLANATION: THE AMOUNTS IN THE 2020 COLUMN REPRESENT THE ORGANIZATIONS FIRST YEAR THAT WAS A SHORT YEAR: 04/30/2020 - 12/31/2020. 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 C, LINE 19 UPON REQUEST THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND TAX FILINGS AVAILABLE TO THE PUBLIC.