GAZELLE FOUNDATION
Mission Statement
The Gazelle Foundation funds and builds clean water projects in Burundi, Africa. One of the poorest countries on earth, most people in rural Burundi walk over two miles for untreated water from streams and puddles, often shared with livestock. Illness from waterborne infections is high, and a major factor in limiting access to education and economic stability. Through clean water projects, the Gazelle Foundation is offering a first step in breaking the vicious cycle of poverty in Burundi. Locally, we empower Central Texas youth through water education with events like Walk for the Water. The Foundation’s formation in 2006 was inspired by Gilbert Tuhabonye, a Burundi survivor of the Hutu/Tutsi civil upheaval of the 1980’s and 90’s which reached a “peace” agreement in 2008. Gilbert was born in the southern county of Songa in Burundi, a small mountainous country in east central Africa. He excelled as a runner, becoming national champion in the 400 and 800 meters as an 11th grader. On October 21, 1993, the centuries-old war between the Tutsi and Hutu tribes erupted as Gilbert and his classmates were in school. His Hutu classmates, their parents, some teachers and other Hutu tribesmen forced more than a hundred Tutsi children and teachers into a room where they beat and burned them to death. Gilbert, on fire, ran to freedom and survived this horrific event. Now more than 20 years later and living in the US, Gilbert Tuhabonye is a celebrity in the world of running. He graduated from Abilene Christian University where, despite being covered with scar tissue from his extensive burns, he was a national champion runner. Gilbert still competes and owns and operates a training program called Gilbert’s Gazelles in addition to serving as the Head Cross Country and Track coach at St. Andrews Episcopal High School. Gilbert is married and has two children. In 2006, he wrote This Voice in My Heart, an autobiographical account of his upbringing and his tale of survival. The response to this touching book has been outstanding, and people have asked how they can help. The answer is through the Gazelle Foundation.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
62.0% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.3% | 7.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
24.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
61.0% | 7.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
17.6 mo | 95.2 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
106.8% | 90.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-30.6% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
67.0% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-20.9% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $552K | $668K | $980K | 62.0% | 3 |
| 2023 | $796K | $400K | $1.1M | 48.2% | 3 |
| 2022 | $354K | $340K | $652K | 46.9% | 3 |
| 2021 | $463K | $410K | N/A | — | 2 |
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