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EIN: 13-3772789


FXB is an international development organization that works to create a world where everyone has a chance not just to survive but to thrive. FXB’s mission is to provide the poorest of the poor families with the tools and support they need to become selfsufficient and give their children a better future. FXB makes lasting change in the countries where it operates through a multidimensional response to poverty, implementing programs that simultaneously tackle malnutrition, disease, unequal access to education, lack of income and poor sanitation. All of FXB’s actions focus on realizing children’s rights and contribute to the objectives set by the UN Sustainable Development Goals, while bringing to life its vision of a world without poverty.

Ruling year info


Board Chair & President

Diana Phillips

Main address

64 Beaver Street Suite 115

New York, NY 10004 USA

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Subject area info

Community and economic development

Family services

Child welfare

Youth services

International development

Population served info


Economically disadvantaged people

Children and youth

NTEE code info

Children's and Youth Services (P30)

Family Services (P40)

Community Improvement, Capacity Building N.E.C. (S99)

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

FXB Village Methodology

FXB was founded on the belief that everyone should have a chance not just to survive but to thrive. We give people that chance by literally changing their circumstances overnight. It starts with a knock on the door. Families that previously had nothing are provided with an entire year’s worth of food, healthcare, education, housing and training to start a business. Our direct support continues over the course of three years. With the heavy burden of daily needs lifted,
families are finally able to achieve sustainable health and independence, become economically self-sufficient and provide a brighter future for their children. Each FXBVillage is designed to last for three years, with scaled down costs each year -- since the basic material for the IGAs is provided at the beginning of the program, and families become increasingly self-sufficient and more capable of managing their own medical and schooling costs each year.

Population(s) Served
Economically disadvantaged people

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the purpose of building a health clinic if sick people don't have any access to safe drinking water at home? What is the point of operating a school if children have to learn on empty stomachs? Why should people cultivate a field if they cannot preserve and store the harvest or bring it to market? The extreme poor do not only lack sustainable income or enough food to eat, their poverty prevents them from accessing the critical resources they need to survive. Hunger, disease, illiteracy and stigma are interlinked and form a vicious cycle of poverty that is very difficult to break.

Recognizing that micro-credit would not work for the extreme poor, FXB Founder Albina du Boisrouvray developed the FXBVillage methodology, an integrated approach to poverty eradication in 1991. In creating the FXB methodology, Albina du Boisrouvray built on the thinking of the late Jonathan Mann whose pioneering work on AIDS linked human rights and health issues, arguing that sustainable impact in human rights cannot be achieved unless the social and cultural factors that heighten disease risk and prevent people from having basic, essential rights are addressed simultaneously.
FXBVillage methodology, a proven, three-year program, provides families living in extreme poverty with the tools and support they need to become self-sufficient and give their children a future. It brings the extreme poor to self-sufficiency in just three years by simultaneously tackling the five drivers of poverty: lack of nutrition, health, education, housing, and income. This means that in addition to participants receiving immediate access to the full range of critical resources simultaneously, FXB provides training for families to set up and maintain businesses, allowing them to build a sustainable source of income for the long-term.

The FXBVillage programs are rooted in the communities they serve. We work closely with community leaders, stakeholders and relevant associations throughout the process to tailor the program to address the diverse social, cultural, economic, geographic, and political dimensions of each country where the program is active.
FXB is not a charity. It represents an investment in families living at a level of poverty few can comprehend. It's about releasing human potential and bringing back dignity in people's life. Then and only then the vicious cycle of extreme financial distress can be broken with long-term and sustainable results. The strength and effectiveness of the FXBVillage methodology is our comprehensive approach and the personalized support. The synergy of the multiple interdependent components that are the basis of the program and their simultaneous accessibility form a global approach to the fight against poverty. This approach enables families to reach economic and social autonomy, which they can sustain over the long term, while ensuring the well-being of both adults and children.

The FXBVillage Model fights extreme poverty and allows 80 extremely poor families (about 600 direct beneficiaries as well as 1,200 members of the community) to reach socio-economic autonomy within three years. Children and families in the program receive services and referrals to assure health, food security, education, shelter and sanitation, HIV prevention, child protection, and livelihood opportunities.

The FXBVillage approach was designed to simultaneously address five drivers of extreme poverty:
1. Economic-In the first year of the project, FXB provides capital grants and training to help families to start an income-generating activity (IGA) such as a shop, restaurant, or livestock project. Households also pursue group activities as informal co-operatives.
2. Housing-FXB ensures that all participants live in safe and decent houses: safe water, basic sanitation services, and construction of latrines, ventilated kitchens, external showers, hand-washing stations and animal sheds.
3. Nutrition-FXB ensures that all participants have the ability to feed themselves, sufficiently and properly.
4. Healthcare-FXB ensures that all participants have access to basic and adequate medical care, psychosocial counselling and improved hygiene.
5. Education-FXB ensures that all school-age children are reintegrated to school and that teenagers have access to vocational trainings. FXB also globally trains its participants and the community on a number of subjects like: family planning, children and women rights, and disease prevention.

During the first year, FXB provides food support and pay for medical and educational costs. Besides the decrease of the financial burden for families, this allows FXB to work closely with participants on recovering their physical and psychosocial health status. Fewer financial worries help participants to recover more rapidly - physically and mentally and allow them to devote themselves to the development of their economic activities.

During the second year, participants are asked to create a small business plan and will receive in-kind grants to start Income Generating Activities (IGA.) Such microenterprises require that participants are healthy both physically and psychosocially. Then, they will start to generate income. Even if it is small, they will be able to pay for 25% of medical and educational costs as well as for the food.

The third year is a turning point. By this time, participants have generated enough income to be able to cope with their needs and with the needs of their children as well as to take advantage of all the trainings. FXB's contribution decreases again and the focus is put on the improvement and diversification of the IGAs.

FXB focuses both on addressing the collective needs of participants and the specific needs of individual households. FXB's internal capacity includes local country staff that are key to the success of the FXBVillage model. Each FXBVillage model typically has three staff members: The social worker, the nurse counselor and the program manager. Regular home visits from household-to-household enable the FXB team to assess household-specific needs and implement tailored, timely responses to their individual problems. This is a creative process whereby the FXB staff develops strategies capable of substantially improving participants' living conditions.

In order to increase the capacity of participants to live as a community, thus sharing challenges and devising solutions, groups of ten to twelve families of participants are formed according to geographical criteria. The members usually met on weekly basis to offer psychosocial support or help to one another (i.e. for housing issues such as houses rehabilitation or latrines construction), as well as engage in collective income generating activities. The beneficiary groups are the fundamental network of FXBVillage program: they strengthen the solidarity, represent a safety net for families and the entire community and ensure the sustainability of the project.

For FXB, joining forces with other organizations is also a successful way to implement the FXBVillage program and ensure its sustainability. Consequently, FXB works with various types of local partners that work for and with impoverished people. Multi-stakeholder partnerships that encourage public, private and non-profit actors' participation in the identification, formulation and implementation of activities, ensure sustainability, accountability and ownership of the program.

FXB's founder Albina du Boisrouvray decided that the FXBVillage methodology must be shared with the world for maximum impact on an open-source basis, as a key tool for achieving the UN Sustainable Development Goals. FXB worked very closely with Harvard University to transfer the methodology into a step-by-step guide that is now freely available to NGOs, venture philanthropists, social entrepreneurs, governments and anyone else interested in the hopes that they would start their own FXBVillage and work to eradicate poverty using our three-year program.

FXB believes that we must all operate as a global team working together toward one shared vision: a world without poverty. This is not just FXB's vision; it should be everyone's vision because ending poverty leads to global peace and security.

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990


Average of 21.40 over 10 years

Months of cash in 2021 info

SOURCE: IRS Form 990


Average of 7.3 over 10 years

Fringe rate in 2021 info

SOURCE: IRS Form 990


Average of 8% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990


Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data


Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data


Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of FXB USA, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2017 2018 2019 2020 2021
Unrestricted surplus (deficit) before depreciation -$69,831 -$21,787 $66,944 $68,180 -$132,351
As % of expenses -8.3% -3.9% 24.4% 22.2% -58.5%
Unrestricted surplus (deficit) after depreciation -$69,831 -$21,787 $66,944 $68,180 -$132,351
As % of expenses -8.3% -3.9% 24.4% 22.2% -58.5%
Revenue composition info
Total revenue (unrestricted & restricted) $548,742 $302,690 $534,114 $347,247 $69,140
Total revenue, % change over prior year -39.9% -44.8% 76.5% -35.0% -80.1%
Program services revenue 0.0% 4.6% 1.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.2% 0.1% 0.0% 0.1%
Government grants 0.0% 0.0% 0.0% 6.0% 30.1%
All other grants and contributions 99.9% 95.3% 98.9% 94.0% 69.8%
Other revenue 0.1% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $836,396 $552,675 $274,102 $306,458 $226,160
Total expenses, % change over prior year 29.2% -33.9% -50.4% 11.8% -26.2%
Personnel 28.9% 33.8% 28.0% 45.5% 55.6%
Professional fees 49.1% 45.3% 44.2% 12.2% 11.8%
Occupancy 2.2% 2.1% 0.0% 1.2% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 5.4% 6.8% 20.3% 35.6% 26.7%
All other expenses 14.4% 12.0% 7.4% 5.4% 5.9%
Full cost components (estimated) info 2017 2018 2019 2020 2021
Total expenses (after depreciation) $836,396 $552,675 $274,102 $306,458 $226,160
One month of savings $69,700 $46,056 $22,842 $25,538 $18,847
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $906,096 $598,731 $296,944 $331,996 $245,007

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2021
Months of cash 4.8 1.9 13.0 14.3 11.0
Months of cash and investments 4.8 1.9 13.0 14.3 11.0
Months of estimated liquid unrestricted net assets 0.9 0.9 4.7 6.9 2.3
Balance sheet composition info 2017 2018 2019 2020 2021
Cash $337,752 $87,727 $296,358 $365,003 $208,058
Investments $0 $0 $0 $0 $0
Receivables $28,109 $8,750 $60,000 $30,000 $30,000
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 9.7% 8.1% 2.2% 1.3% 2.1%
Unrestricted net assets $62,197 $40,410 $107,354 $175,534 $43,183
Temporarily restricted net assets $277,094 $48,896 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $277,094 $48,896 $241,964 $214,573 $189,904
Total net assets $339,291 $89,306 $349,318 $390,107 $233,087

Key data checks

Key data checks info 2017 2018 2019 2020 2021
Material data errors No No No No No


The people, governance practices, and partners that make the organization tick.

Form 1023/1024 is not available for this organization

Board Chair & President

Diana Phillips

Since 2020 Diana has been President of The Shubert Foundation, the nation’s largest private foundation dedicated to unrestricted funding of not-for-profit theatre and dance companies. Since 2011 she has been a Board Director of the Foundation and also of The Shubert Organization, the largest theatre owner on Broadway. Until her retirement from Sotheby’s, she was Worldwide Director of Press and Corporate Affairs. Diana has a Master’s Degree in Latin from Brown University and taught Latin for nine years. She was born in Cape Town, South Africa and lived in London before immigrating to the United States.

Number of employees

Source: IRS Form 990


Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
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Highest paid employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
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Board of directors
as of 01/25/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Diana Phillips

Albina Boisrouvray


Alon Kasha


Richard Evans


Silvana Paternostro


Lena Sinha-Connolly


Diana Phillips


Organizational demographics

SOURCE: Self-reported; last updated 1/25/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.


The organization's leader identifies as:

Race & ethnicity
Gender identity
Sexual orientation
Decline to state
Disability status
Person without a disability

Race & ethnicity

Gender identity


Sexual orientation

No data


No data


Fiscal year ending

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser