2025-11-17T14:26:04-08:00 2024-12-31 270420335 Fred Gartenlaub LLC 969 Reading Rd Suite K Mason OH 45040 990 2024-01-01 871432573 NEW AFRICA FUND INC NEWA 5612881469 5269 PRINCETON WAY BOCA RATON FL 33496 STEVEN BECK President & CEO 2025-11-17 true true FRED GARTENLAUB P00641559 5137558297 2024 2025-03-06 01:10:19Z STEVEN BECK 5269 PRINCETON WAY BOCA RATON FL 33496 1177282 false X www.newafricafund.org X 2021 FL The New Africa Fund is a registered US charity committed to supporting civil society organizations and social enterprises in Africa. We work through local partners by providing financial and technical support to organizations with a clear mission and established results. 5 0 0 0 605640 1130036 0 48050 47246 0 653690 1177282 433904 838879 0 941 0 0 352 122133 227092 556978 1065971 96712 111311 1157654 1362967 0 1157654 1362967 The New Africa Fund, Inc. (the CORPORATION) is a grant making public charity created to assist organizations in Africa with projects that benefit their communities in the areas of health, livelihood, education, marginalized groups, and womens empowerment. The NAFs mission is to support local initiatives in Africa and foster sustainable change. The NAF began with a focus on projects in Togo and has since expanded to work with grantees and partners in more than a dozen countries in Africa, with continued growth each year. The NAF prioritizes collaboration with local organizations to stay closely connected with communities and leaders who have a deep understanding of the challenges their communities face. false false 940635 763969 Grants to support organizational development for local partners in Africa. 92233 74910 WOMEN'S SCHOLARSHIPS AND GRANTS AND EXPENSES TO ENABLE THEM TO ATTEND SCHOOL AND ACHIEVE ACADEMIC SUCCESS. 1032868 true true false false false false false false false false false false false false false false false false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false true 1 0 true 0 false false false false false false false 0 false false false false false false false false false false X 5 0 false false false false false false false false false false false false false false false false false false FRED GARTENLAUB 5137558297 969 READING RD SUITE K MASON OH 45040 X STEVEN BECK President & CEO 30.00 0.00 X X 0 0 0 EVAN WOLFSON Director 1.00 0.00 X 0 0 0 ABDOU SALAM GUEYE Director 1.00 0.00 X 0 0 0 MARIE BAPTISTE Director 1.00 0.00 X 0 0 0 WINNIE TAY Director 1.00 0.00 X 0 0 0 0 false false false 0 1130036 1130036 0 47246 47246 0 0 0 0 0 0 0 0 1177282 47246 0 0 838879 838879 0 0 0 0 0 0 0 13264 13264 99 99 9298 9298 0 0 0 0 352 352 3360 3360 8794 8794 0 0 28340 28340 0 0 0 0 0 0 SUB CONTRACT SERVICES 113013 113013 CONSULTANTS 49276 49276 MERCHANT ACCOUNT CHARGES 1271 1271 BANK FEES 25 25 0 1065971 1032868 32751 352 0 269152 359912 0 0 0 0 0 0 0 0 888502 1003055 0 0 0 0 1157654 1362967 0 0 X 1157654 1362967 1157654 1362967 1157654 1362967 111311 94002 X false false false X 100 108980 105640 556024 770744 0 0 100 108980 105640 556024 770744 0 770744 9720 81834 48050 47246 186850 0 1000000 500000 574012 2074012 3031606 X 0.00000 Current Year Facts and Circumstances: BackgroundThe New Africa Fund (NAF) continues to operate as a publicly supported organization under IRC 509(a)(1) and 170(b)(1)(A)(vi). While the majority of support through 2023 came from one large private foundation donor (the Beck Family Charitable Foundation), NAF has since undertaken major initiatives to diversify its funding base.In 2024, NAF launched the African Impact Fundraising Grant Program, resulting in more than 1,500 individual donors a total of approximately $456,024 in small gifts. These contributions, although not yet reflected in the 20212025 computation period, represent a substantial expansion of our public support and are expected to improve the five-year public support ratio beginning with the 20212025 calculation period.Schedule A Part VI (Supplemental Information)During 2024, the New Africa Fund significantly broadened its donor base through the African Impact Fundraising Grant Program. As of November 2025, the organization has received contributions from approximately 1,500 individuals. These contributions are generally small in amount but represent a substantial increase in the number of public donors compared to prior years. This diversification of support is expected to materially improve the organizations public support percentage in the 20212025 computation period and beyond.Schedule O Supplemental InformationThe New Africa Fund continues to diversify its revenue sources and strengthen its qualification as a publicly supported charity under Section 509(a)(1) and 170(b)(1)(A)(vi). Although a large portion of contributions through 2023 came from one private foundation donor, the organization launched a public fundraising initiative in 2024 and 2025 that has brought in more than 1,500 unique donors and over $456,024 in small public gifts. These efforts demonstrate a sustained commitment to broad public participation and are expected to raise the public support percentage above the one-third threshold in subsequent reporting years.Supporting DocumentationInternally, we will maintain:- A donor summary report listing all 2024 contributors and amounts (to verify the 1,500-donor figure).- Campaign records from the African Impact Fundraising Grant Program.- Stripe and PayPal transaction reports supporting the number and source of public gifts. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1177282 1177282 1177282 1065971 1065971 1065971 true AFRICA 0 11 GRANTS SCHOLARSHIPS 74910 11 11 74910 74910 AFRICA SUP. ORG ACTIVITIES 763969 EFT CASH GRANT 1 EDUCATION AFRICA 32 74910 EFT CASH GRANT false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US WE HAVE QUARTERLY MEETINGS TO REVIEW MAJOR GRANTEES. EXPENDITURES ARE DOCEMENTED AND FINANCIALS AND BANK STATEMENTS ARE REVIEWED. Part I, Line 3f - Method of Accounting CASH Part I, Line 3f - Investments and Expenditures ALL EXPENDITURES ARE MADE IN AFRICA FOR THE FOLLOWING PURPOSES: EDUCATIONAL, ENVIRONMENTAL, HEALTH CLINICS, LGBTQ, POVERTY ALLEVIATION, YOUTH IMPOWERMENT. TOTAL GRANTS AND SCHOLARSHIPS FOR 2022 ARE $433,904. TOTAL PROGRAM SERVICE EXPENSES OTHER THAN GRANTS AND SCHOLARSHIPS ARE $121,423. TOTAL MANAGEMENT AND GENERAL EXPENSES ARE $189. TOTAL FUNDRAISING EXPENSES ARE $1,462. Part II, Line 1 - Method of Accounting CASH Part III, Line 1 - Estimated Number of Recipients 32 Form 990, Part VI, Section B, Line 11b No review was or will be conducted. Form 990, Part VI, Section C, Line 19 No documents available to the public.