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    Village Enterprise Fund

    ActiveInternational Affairs
    SAN CARLOS, CAWebsite6508028891

    About Village Enterprise Fund

    End extreme poverty in rural Africa through entrepreneurship, training, cash transfers, mentoring and climate‑smart, locally led programs.

    Focus Areas

    poverty alleviationeconomic developmentmicroenterprise / small business developmententrepreneurship trainingwomen's economic empowermentrefugee supportyouth economic inclusionclimate-smart agricultureconservation-linked livelihoodsfinancial inclusion / savings groups

    Who They Fund

    project partners/organizations in Ugandaproject partners/organizations in Ethiopia

    About Village Enterprise Fund

    Village Enterprise Fund Inc. stands out for using subaward funding to extend poverty-alleviation work through named field projects such as DREAMS in Uganda and Ethiopia. The recent grants data show a large two-year commitment to Mercy Corps for DREAMS project work, alongside a separate grant tied to the Ngogo Chimpanzee Project in Uganda. That mix fits the foundation’s broader mission to end extreme poverty in rural Africa through entrepreneurship, training, cash transfers, mentoring, and climate-smart, locally led programs. The foundation’s work centers on economic development in rural East Africa, but its grantmaking appears to be structured around program delivery rather than open-ended general support. Its active programs include an entrepreneurship model built around Business Savings Groups and startup grants, plus partner-funded implementation and technical assistance for initiatives in Uganda, Kenya, and Rwanda. Across those efforts, the foundation uses restricted, project-specific funding to support organizations carrying out field programs in poverty graduation, financial inclusion, women’s economic empowerment, refugee livelihoods, and conservation-linked livelihoods. Dianne Calvi leads the organization.

    What Village Enterprise Fund Funds

    A core theme is outcomes-based poverty graduation. Through the Impact First Initiative, Village Enterprise Fund Inc supports scaling entrepreneurship-driven programs with training on outcomes-based financing, policy advocacy, technical assistance, capacity building, and support for integrated impact financing. Another clear area is partner-funded program delivery. The foundation’s implementation work includes economic development components inside broader initiatives, such as establishing Business Savings Groups and training business mentors for partner programs in Uganda, Kenya, and Rwanda. The entrepreneurship program itself is also central. It identifies groups of first-time entrepreneurs, typically groups of three, and provides training in business and savings, mentoring, and a small startup grant to launch income-generating businesses. The recent grants also show conservation-linked field support. Village Enterprise Fund Inc gave $90,895 to Arizona State University for the Ngogo Chimpanzee Project work in Uganda.

    How Village Enterprise Fund Gives

    Financial Snapshot

    Annual Giving

    $2.8M

    Total Assets

    $20.8M

    Total Revenue

    $21.5M

    Total Expenses

    $21M

    Typical Grant Size

    Most grants fall between $574K and $1.6M, with a median of $1.1M.

    25th Percentile

    $574K

    Median

    $1.1M

    75th Percentile

    $1.6M

    Geographic Reach

    About 0% of grants go to recipients in CA.

    Leadership

    DIANNE CALVI

    Accepts unsolicited proposals

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    Privacy PolicyTerms of ServiceSystem Status
    EIN (Tax ID): 22-2852248Latest Form 990: 2026Total assets: $20.8M4 filings on recordFind their full 990 filing →
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    Ngogo chimpanzee population (wildlife)

    Funding Style

    subaward/subgrant fundingproject-specific/programmatic supportinternational field project supportrestricted/tied funding

    Topics

    DREAMS project implementationNgogo Chimpanzee research and conservationEast Africa field research and monitoring (Uganda, Ethiopia)programmatic subawards for named projects

    Typical grant size is large: the 25th percentile is $574,229, the median is $1,057,563, and the 75th percentile is $1,555,644. The recent record also shows repeat funding to the same grantee across 2024 and 2025, with Mercy Corps receiving two grants for DREAMS project work in Uganda and Ethiopia. That suggests program-specific, multi-year support rather than a one-off pattern. The foundation is a regular funder, not a DAF, and it does not fund individuals. Its active programs include both direct entrepreneurship programming and partner-funded implementation, with unsolicited applications accepted in those programs.

    Where Village Enterprise Fund Makes Grants

    Grant activity is concentrated in the US recipient record, which shows 3 grants and 100% of grants to recipients in the HQ state, California. The recent grants list also points to international field work in Uganda and Ethiopia through the DREAMS project, and Uganda again in the Ngogo Chimpanzee Project grant. Recipient organizations named in the data include Mercy Corps and Arizona State University.

    Frequently Asked Questions About Village Enterprise Fund

    What kinds of programs does Village Enterprise Fund Inc support?

    The foundation supports entrepreneurship-driven poverty graduation, technical assistance, business savings groups, startup grants, women’s economic empowerment, refugee livelihoods, climate-smart agriculture, and conservation-linked livelihoods. Its active programs include the Impact First Initiative, partner-funded program delivery, and the Village Enterprise Entrepreneurship Program.

    Does Village Enterprise Fund Inc accept unsolicited applications?

    Yes. The active programs listed for the foundation all indicate that unsolicited applications are accepted, including the Impact First Initiative, Partnership Implementation / Technical Assistance, and the Village Enterprise Entrepreneurship Program.

    What is the typical grant size?

    The grant-size distribution is substantial: the 25th percentile is $574,229, the median is $1,057,563, and the 75th percentile is $1,555,644. The recent grant record also includes a $2,053,724 subaward to Mercy Corps.

    Does the foundation make recurring grants?

    Yes. Mercy Corps received grants in both 2024 and 2025 for DREAMS project work in Uganda and Ethiopia, showing repeat support for the same project over multiple years.

    Who leads Village Enterprise Fund Inc?

    Dianne Calvi is listed as the leadership contact for Village Enterprise Fund Inc.

    Latest 990 Filing

    2026

    Source: IRS Form 990-PF, fiscal year 2026.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    MERCY CORPSPORTLAND, OR$2,323,2872026SUBAWARD FUNDING FOR DREAMS PROJECT WORK IN UGANDA AND ETHIOPIA
    IDINSIGHTSAN FRANCISCO, CA$455,0272026SUBAWARD FUNDING TO IDINSIGHT FOR DREAMS PROJECT WORK IN UGANDA AND ETHIOPIA.
    THE NGOGO CHIMPANZEE PROJECTPHOENIX, AZ$30,0002026SUBAWARD FUNDING FOR THE NGOGO CHIMPANZEE PROJECT WORK IN UGANDA
    MERCY CORPS—$2,053,7242025SUBAWARD FUNDING FOR DREAMS PROJECT WORK IN UGANDA AND ETHIOPIA.
    ARIZONA STATE UNIVERSITY—$90,8952025SUBAWARD FUNDING FOR THE NGOGO CHIMPANZEE PROJECT WORK IN UGANDA
    MERCY CORPS—$1,057,5632024SUBAWARD FUNDING FOR DREAMS PROJECT WORK IN UGANDA AND ETHIOPIA.

    MERCY CORPS

    $2,323,287
    PORTLAND, OR2026

    SUBAWARD FUNDING FOR DREAMS PROJECT WORK IN UGANDA AND ETHIOPIA

    IDINSIGHT

    $455,027
    SAN FRANCISCO, CA2026

    SUBAWARD FUNDING TO IDINSIGHT FOR DREAMS PROJECT WORK IN UGANDA AND ETHIOPIA.

    THE NGOGO CHIMPANZEE PROJECT

    $30,000
    PHOENIX, AZ2026

    SUBAWARD FUNDING FOR THE NGOGO CHIMPANZEE PROJECT WORK IN UGANDA

    MERCY CORPS

    $2,053,724
    2025

    SUBAWARD FUNDING FOR DREAMS PROJECT WORK IN UGANDA AND ETHIOPIA.

    ARIZONA STATE UNIVERSITY

    $90,895
    2025

    SUBAWARD FUNDING FOR THE NGOGO CHIMPANZEE PROJECT WORK IN UGANDA

    MERCY CORPS

    $1,057,563
    2024

    SUBAWARD FUNDING FOR DREAMS PROJECT WORK IN UGANDA AND ETHIOPIA.