Malala Fund

What it reported doing in 2024

Founded by malala and ziauddin yousafzai in 2013, malala fund is working for a world where every girl can learn and choose her own future. Together with our board, grantee partners, young women advisory council, staff, leadership council and donor partners, we are creating a more equal, safer and healthier world by ensuring all girls can access and complete 12 years of education. Through grantmaking and advocacy, we strengthen girls' right to secondary education and unlock the resources needed for all girls to enjoy this right. This fiscal year, malala fund awarded $10.2 million in grant funding to 57 organisations in 10 countries. We awarded the majority of funds through our education champion network (ecn), (continued on schedule o)afghanistan initiative and girl programme. We awarded additional grants to key partners responding to crises disrupting girls' education. Global advocacy driving global movements for girlsmalala fund uses its voice, networks and platforms to secure the commitments and resources girls need to claim their right to education. This year, we built legal, diplomatic and public momentum towards the codification of gender apartheid in international law, a legal breakthrough that would allow the global community to hold the taliban accountable, protect afghan girls and deter future violations of girls' rights everywhere. We also began shaping a new advocacy initiative aimed at reforming global debt, which could unlock billions for education over the next five years. The current debt crisis is crippling governments' ability to build schools, pay teachers and provide safe transportation for girls. Here are some highlights from our work this year: progress in guaranteeing 12 years of education for every childover the last few years, malala fund and partners have been advocating for extending every child's fundamental right to education to include free, full secondary education. In july 2024, the u.n. Human rights council agreed to begin exploring a new optional protocol to the convention on the rights of the child - with the aim to guarantee 12 years of education for all children in international law. The dominican republic, luxembourg and sierra leone advanced the resolution, which was co-sponsored by 46 other countries thanks in part to advocacy by malala fund and other civil society partners, including human rights watch and child rights connect. Advancing the movement to end gender apartheid in afghanistan - malala and ziauddin yousafzai, alongside our afghanistan initiative senior director sahar halaimzai, played pivotal roles in advancing justice for afghan girls and women. Their advocacy and engagements contributed to the adoption of the term gender apartheid by the u.n., legal experts, activists and global media. Malala and sahar led high-level diplomacy with key u.n. Member states, securing albania's public support for codification of gender apartheid. They convened senior leaders at the u.k. Parliament and urged muslim leaders to reject taliban policies. In recognition of this work, malala accepted the american society of international law's champion of the international rule of law award on behalf of malala fund and our afghan partners. Following our advocacy, the u.k. Issued political support for the international court of justice case against the taliban. Ziauddin amplified the voices of afghan fathers advocating for girls' education. - through grantmaking, convenings and coalition-building, our afghanistan initiative is strengthening legal pathways to hold the taliban accountable, protecting girls' education and elevating afghan women in the fight for justice. We supported alternative learning programmes capable of reaching more than 2 million girls inside afghanistan. We led high-level engagements at the u.n., stanford university and in south africa, convening legal experts and political leaders to push for codification. Our sustained diplomacy helped move the crimes against humanity treaty int

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 82.1%; rating input score 82
• Fundraising efficiency: $7.59 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Missing
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 7 of 8 controls in place; rating input score 88
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Pass
  • Conducts field audits: Pass
  • May suspend future funding: Pass
  • Requires financial reports: Pass
  • Conducts site visits: Pass
  • Requires grant agreements: Pass
  • May require repayment: Fail
• Grant itemization coverage: 99.7%; rating input score 100; 36th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -49.7%; rating input score 2; 2nd percentile among comparable filings
• Total-asset coverage ratio: 2.38; rating input score 67; 67th percentile among comparable filings
• Liabilities to assets ratio: 0.21; rating input score 57; 57th percentile among comparable filings
• Officer compensation ratio: 7.8%; rating input score 31; 31st percentile among comparable filings

Growth

• Program expense growth: 16% per year; rating input score 100; 85th percentile among comparable filings
• Revenue growth: 8.6% per year; rating input score 100; 68th percentile among comparable filings
• Asset growth: 19.3% per year; rating input score 100; 88th percentile among comparable filings