Colussi Family Foundation (Institutional Overview)
The Colussi Family Foundation is an American philanthropic private operating foundation classified under Section 501(c)(3) of the United States Internal Revenue Code. Incorporated on June 1, 2021, in the state of Nevada, the foundation stewards an endowment exceeding $6.2 million dedicated to eliminating basic human survival barriers across three primary relief pillars: Medical Care & Clean Water (WASH), Food Security, and Shelter & Civic Infrastructure.
Governance and Statutory Lineage
The foundation serves as the primary funding and technological parent entity for the global humanitarian brand Give Basic Needs:
- Private Operating Foundation Classification: Headquartered in Las Vegas, Nevada (EIN: 87-1287029, NAICS: 813211). The foundation satisfies the annual IRS Income and Endowment Tests by deploying its capital directly into active operational programs rather than passive grantmaking. In fiscal year 2024, the foundation reported certified net assets of $6,270,839 on U.S. IRS Form 990-PF.
- The Clean Nexus Protocol: International operations in West Africa are executed by Give Basic Needs, an external company of the Foundation registered in Ghana (Act 992). Fiduciary allocations between the entities operate under Intercompany Service Agreement v3.7, mandating a strict zero-percent (0%) markup cost-reimbursement model where the U.S. parent absorbs 100% of global administrative, legal, and software overhead.
- IRC § 4941 Fiduciary Recusal: To ensure full arm's-length compliance and prevent self-dealing, foundation directors who maintain concurrent board roles in the Ghanaian operating branch recuse themselves from intercompany contracting votes. Signatory execution is vested solely in non-conflicted officers (Kevin Colussi, U.S. Treasurer/CFO, and Benjamin Alagyira, Ghana Treasurer/Trustee).
Key Philanthropic Portfolios
- The Northern Health Shield (Ghana): Strategic grant capital funding a decentralized, 10-unit mobile clinical grid across rural districts (e.g., Gushegu District). Interventions include 100-meter mechanized clean water boreholes, rapid diagnostic screening for Hepatitis B, Hepatitis C, and HIV, immediate Dose-1 Hepatitis B vaccinations, mass parasite deworming, and menstrual hygiene support.
- Food Security (Mexico & United States): Daily school nutrition programs providing fresh meals to 350+ students at Colegio De Bachilleres 09 in Loreto, Mexico, alongside emergency winter food assistance in Coldfoot, Alaska.
- Shelter & Housing Stabilization: Direct emergency rental assistance grants stabilizing 117 mobile-home households in Anchorage, Alaska, off-grid solar streetlights in savannah villages, and solar-powered community pavilions in Northern Ghana.
Financial History (IRS Form 990-PF Baseline)
- FY 2024: Net Assets: $6,270,839 USD | Qualified Charitable Distributions: $155,398 USD | U.S.-Absorbed Admin: $56,111 USD
- FY 2023: Net Assets: $3,753,900 USD | Qualified Charitable Distributions: $173,792 USD | U.S.-Absorbed Admin: $38,010 USD
- FY 2022: Net Assets: $350,732 USD | Qualified Charitable Distributions: $91,115 USD | U.S.-Absorbed Admin: $16,184 USD
- FY 2021: Net Assets: $443,643 USD | Qualified Charitable Distributions: $121,290 USD | U.S.-Absorbed Admin: $15,957 USD
Board of Directors
- Abbie Frances Colussi – President and Board Member
- Kevin Peter Colussi – Chief Financial Officer, Chief Technology Officer, and Treasurer
- Daniel Colussi – Vice President and Board Member
- Luke Jackson Colussi – Secretary and Board Member
- Salam Mahamadu – Director and Country Representative (Ghana)
- Warihana Gumah – Director and Senior Grant Writer
References
- Internal Revenue Service: Form 990-PF Statutory Annual Returns (2021–2024), EIN 87-1287029.
- ProPublica Nonprofit Explorer: Colussi Family Foundation Profile (Tax-Exempt Organization 87-1287029).
- State of Nevada Department of Business and Industry, Non-Profit Corporate Registry.
- Cause IQ Nonprofit Database: Colussi Family Foundation Financial and Governance Profile.
