What does the do?

Updates published annually

The United States African Development Foundation (USADF) is an independent agency responsible for investing directly in African grassroots enterprises and social entrepreneurs. The foundation's primary mission is to increase incomes, revenues, and jobs by promoting self-reliance and market-based solutions to poverty. USADF targets marginalized populations and underserved communities in the United States, as well as in Africa. It partners with African governments, other US government agencies, private corporations, and foundations. It was established in 1980.

In FY 2024,

$24.1M

was spent by the African Development Foundation
In FY 2024,

<0.1%

of federal spending was by the African Development Foundation

How much does the African Development Foundation spend?

The African Development Foundation spent $24.1 million in fiscal year (FY) 2024. This was 0.00036% of the $6.78 trillion in overall federal spending. The department ranked 99 among federal agencies in total spending.


The African Development Foundation accounted for <0.1% of all federal spending in FY 2024.

Share of USADF net spending compared to the top ten highest spending agencies in FY 2024

Federal spending may shift over time due to population growth, changes in policy and programs, and emerging problems to address. Adjusting for inflation, the African Development Foundation’s federal spending has increased from $1.96 million in 1984 to $24.1 million in 2024.

The African Development Foundation’s federal spending in FY 2024 was higher than in FY 1984.

Yearly federal net spending by USADF, adjusted for inflation (2024 dollars), FYs 1984–2024

Since 1984, the African Development Foundation's spending has increased 1,131.6%, while overall spending has increased 161%.
The department’s spending grew more than overall spending, which means that the department’s share of the federal budget increased. In 2024, USADF accounted for 0.00036% of all federal spending. That’s -0.00041 percentage points lower than 2014 and 0.00028 points higher than in 1984.
Major legislation, internal or global economic conditions, and acute events like the COVID-19 pandemic can affect spending year to year. For example, the federal budget fluctuated during the pandemic, rising from $5.3 trillion (in 2023 dollars) in 2019 to $7.7 trillion in 2020 and $7.8 trillion in 2021.

The African Development Foundation's share of federal spending in FY 2024 was higher than in FY 1984.

Percentage of federal budget dedicated to USADF, FYs 1984–2024

Most federal spending can be categorized as direct or indirect. Direct spending refers to money the federal government spends on budget items such as federal programs, employee salaries, and debt interest. Indirect spending refers to federal transfers to state and local governments.
In FY 2024, all of the African Development Foundation's spending was direct.
The chart below outlines all net USADF spending.

How did the African Development Foundation spend its budget in 2024?

Federal government net spending isolated to USADF, FY 2024

Who leads the United States African Development Foundation?

The USADF is led by a board of directors. These members are nominated by the president and confirmed by the Senate. The president designates one board member to serve as the Chairperson and another to serve as the Vice Chairperson. The board members serve at the discretion of the president and their terms typically end when they resign, are replaced, or when a new president appoints new members.

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Methodology

USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.

Page sources

USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.

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  • Office of Management and Budget and US Department of the Treasury

    Budget of the US Government and Monthly Treasury Statement

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