The Global Development Incubator Inc

Organization Overview

The Global Development Incubator Inc is located in Washington, DC. The organization was established in 2007. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Global Development Incubator Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Development Incubator Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Global Development Incubator Inc generated $17.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $18.6m during the year ending 12/2023. While expenses have increased by 16.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Global Development Incubator Inc has awarded 26 individual grants totaling $19,590,848. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

DESIGN AND LAUNCH SERVICES FOR NEW SOCIAL IMPACT ORGANIZATIONS AND PARTNERSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

I: AGRICULTURE FINANCE: (E.G. ACELI AFRICA, CSAF, ISF, RAF LL)GDI'S AGRICULTURE FINANCE FOCUS AREA AIMS TO ADDRESS CHALLENGES IN THE AGRICULTURE, SUSTAINABILITY, AND CLIMATE SECTORS. ISF ADVISORS PUBLISHES INDUSTRY LEADING RESEARCH ALONGSIDE FINANCIAL AND STRATEGIC ADVISORY WORK TO MOBILIZE CAPITAL TOWARDS A MORE SUSTAINABLE, EQUITABLE, AND PRODUCTIVE GLOBAL FOOD SYSTEM. ACELI AFRICA IS A FIRST OF ITS KIND MARKET INCENTIVE FACILITY ALIGNING CAPITAL SUPPLY AND DEMAND TO MOBILIZE $1.5 BILLION IN PRIVATE SECTOR LENDING TO SMALL AND MEDIUM ENTERPRISES IN THE AFRICAN AGRICULTURE SECTOR BY 2030. CSAF IS THE LEADING GLOBAL NETWORK OF LENDING PRACTITIONERS PROMOTING AN INCLUSIVE FINANCE MARKET FOR AGRICULTURAL SMES. THROUGH THESE INITIATIVES AND OTHER RELATED EFFORTS IN THE AGRICULTURE FINANCE PORTFOLIO, GDI BRINGS TOGETHER DIVERSE PLAYERS FROM ACROSS AGRICULTURE, FINANCE, AND CLIMATE, WHO OTHERWISE MAY HAVE NEVER COLLABORATED DESPITE THEIR SHARED GOALS.


II. A. CLIMATE AND ECOSYSTEMS (RESILIENT WATER ACCELERATOR, COLIBRI CATALYST, CIRCULARITY PLATFORM) AND OTHER VENTURES (JOBS & LIVELIHOODS, FINANCING IMPACT)GDI'S CLIMATE AND ECOSYSTEMS PORTFOLIO IS TAKING A SYSTEMIC APPROACH TO CLIMATE ACTION BY SUPPORTING BOTH CLIMATE ADAPTATION AND MITIGATION EFFORTS, WITH A FOCUS ON ASIA AND AFRICA. GDI IS CURRENTLY INCUBATING THE RESILIENT WATER ACCELERATOR TO MOBILIZE PUBLIC-PRIVATE CAPITAL TO IMPLEMENT WATER PROJECTS THAT HELP THE MOST CLIMATE-VULNERABLE COMMUNITIES BUILD RESILIENCE. COLIBRI IS A BLENDED FINANCE FACILITY FOCUSED ON CATALYZING NATURE-BASED CLIMATE SOLUTIONS AND AIMING TO DEMONSTRATE HOW THEY CAN DRIVE FINANCIAL RETURNS. PARTNERING WITH THE IKEA FOUNDATION, GDI IS EXPLORING THE FEASIBILITY OF BUILDING A FUND AND PLATFORM (CIRCULARITY) FOR SUPPORTING PROMISING WASTE ENTERPRISES/INITIATIVES ACROSS THE VALUE CHAIN IN BOTH THE FORMAL AND INFORMAL WASTE SECTORS.


III: HEALTH: (E.G. LEAPFROG TO VALUE, MENTAL HEALTH, DISABILITY IMPACT FUND, HEALTH ENABLED, BUSINESS FOR HEALTH SOLUTIONS, NEPI)GDI'S HEALTH PORTFOLIO FOCUSES ON MOVING FROM VOLUME TO VALUE AND CUTS ACROSS ISSUES RANGING FROM MENTAL HEALTH TO COMMUNITY LIVELIHOODS, DIGITAL HEALTH SYSTEMS, AND EVERYTHING IN BETWEEN. THE LEAPFROG TO VALUE REPORT AND INITIATIVE HAS LED TO A PORTFOLIO OF PILOTS DESIGNED TO IMPROVE OUTCOMES AND COST-EFFECTIVENESS OF HEALTH SYSTEMS. THE GLOBAL DIGITAL HEALTH MONITOR IS A DATA PLATFORM THAT HELPS COUNTRIES TO BENCHMARK, PRIORITIZE, AND MONITOR DIGITAL HEALTH PROGRESS AT THE COUNTRY, REGIONAL, AND GLOBAL LEVELS. IN THE LEAD-UP TO ITS LAUNCH, IT WAS ADOPTED BY 62 COUNTRIES REPRESENTING MORE THAN 2.5 BILLION PEOPLE GLOBALLY. NURTUREFIRST IS A GLOBAL FUNDER AND CAPACITY BUILDER BRINGING TOGETHER THINKERS, DOERS, AND ACTIVISTS TO IMPROVE THE SYSTEMS THAT SUPPORT HOME-BASED CHILDCARE (HBCC) PROVIDERS GLOBALLY SO THEY CAN PROVIDE EVIDENCE-BASED, AFFORDABLE, CULTURALLY RELEVANT CHILDCARE WHEREVER THEY ARE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Patricia Mechael
Profes. Services, Consultancy
$224,300
Gdi South Asia Private Limited
Profes. Services, Consultancy
$212,158
Pall Kvaran
Profes. Services, Consultancy
$109,626
The Johns Hopkins University
Profes. Services, Consultancy
$116,389
Carben Ventures Inc
Profes. Services, Consultancy
$144,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$81,414
Government grants $3,494,935
All other contributions, gifts, grants, and similar amounts not included above$8,860,692
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,437,041
Total Program Service Revenue$3,609,643
Investment income $794,370
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,985,488

Grants Awarded

Over the last fiscal year, The Global Development Incubator Inc has awarded $9,497,867 in support to 6 organizations.

Grant RecipientAmount

ACELI AFRICA INC

PURPOSE: PROGRAMS AND GENERAL SUPPORT

$7,988,757

ISF ADVISORS INC

PURPOSE: PROGRAMS AND GENERAL SUPPORT

$424,817

BUSINESS FOR HEALTH SOLUTIONS INTERNATIONAL INC

PURPOSE: PROGRAMS AND GENERAL SUPPORT

$361,875

ALLIANCE FOR GLOBAL WATER ADAPTATION INC

PURPOSE: PROGRAMS AND GENERAL SUPPORT

$306,581

COLIBRI CATALYST INC

PURPOSE: PROGRAMS AND GENERAL SUPPORT

$286,573

GDI SOLUTIONS INC

PURPOSE: PROGRAMS AND GENERAL SUPPORT

$129,264
View Grant Profile

Peer Organizations

Organization NameAssets
Center For International Private Enterprise Inc
Washington, DC
$49,818,543
Accion International
Washington, DC
$26,132,981
The Global Development Incubator Inc
Washington, DC
$16,985,488
International Budget Partnership
Washington, DC
$7,357,234
International Economic Development Council Inc
Washington, DC
$8,276,707
Aceli Africa Inc
Washington, DC
$6,248,119
Grassroots Business Partners Inc
Washington, DC
$2,765,853
Serrv International Inc
Westminster, MD
$4,709,655
Akademiya2063
Washington, DC
$4,877,730
Junior Achievement Of Greater Washington
Washington, DC
$4,222,443
Fairtrade America United Inc
Washington, DC
$5,882,228
Junior Achievement Usa
Baltimore, MD
$2,458,014
Solar Sister Inc
Great Falls, VA
$3,232,217
Microfinance Information Exchange Inc
Washington, DC
$2,010,948
Junior Achievement Of Central Virginia
Richmond, VA
$1,096,506
Five Talents U S A
Vienna, VA
$1,142,110
Junior Achievement Of The Eastern Shore
Salisbury, MD
$2,697,372
Thomas Jefferson Institute For The Study Of World Politics
Washington, DC
$480,166
Jubilee Usa Network Inc
Washington, DC
$1,129,660
Iraq Middle Market Development Foundation
Washington, DC
$0
Endpoverty Org
Reston, VA
$770,781
Group Of Thirty
Washington, DC
$722,433
World Treasures Inc
Hagerstown, MD
$722,440
Huge Business And Investment Council Inc
Washington, DC
$844,549
G-24 Liaison Office
Washington, DC
$547,040

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