Global Heritage Fund
- Assets
- $325.1k
- Revenue
- $589.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Gladwyne, PA
- Founding
- 08/2006
- Data as of
- 03/2023
- EIN
- 20-5009512
Organization Overview
Global Heritage Fund is located in Gladwyne, PA. The organization was established in 2006. According to its NTEE Classification (V21) the organization is classified as: Anthropology & Sociology, under the broad grouping of Social Science and related organizations. As of 03/2023, Global Heritage Fund employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Heritage Fund 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 03/2023, Global Heritage Fund generated $589.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $945.6k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (11.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRANSFORMING COMMUNITIES THROUGH CULTURAL HERITAGE PRESERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL HERITAGE FUND'S "CULTURE UNDER FIRE" PROJECT CONTINUED DISBURSEMENTS TO UKRAINIAN HERITAGE PROFESSIONALS WORKING ON THE GROUND IN UKRAINE SO THEY COULD SHARE KNOWLEDGE ON THREATENED HERITAGE.
GLOBAL HERITAGE FUND'S PROGRAMS CONFRONT THE MOST VEXING PROBLEMS FACING OUR PLANET BY CENTERING ITS WORK AROUND FIVE KEY THEMES: ECONOMIC OPPORTUNITY, ENVIRONMENTAL IMPACT, COMMUNITY TRANSFORMATION, INNOVATION, AND IMPACTFUL TRAVEL.
GLOBAL HERITAGE FUND IS COMMITTED TO PRESERVING, PROTECTING, AND PROMOTING THE PRICELESS CULTURAL HERITAGE OF THE WORLD, AND A PRIMARY COMPONENT OF THAT MISSION IS EDUCATING THE PUBLIC ABOUT THE IMPORTANCE OF CULTURAL HERITAGE. GHF DOES THIS THROUGH A VARIETY OF MEDIA INCLUDING EMAIL, WEBSITE, PAID SEARCH, PRINT, AND EVENTS.
GLOBAL HERITAGE FUND CARRIED OUT CONSERVATION, DOCUMENTATION AND SECURITY WORK AT THE CIUDAD PERDIDA ARCHAEOLOGICAL SITE. THIS INCLUDED THE INSTALLATION OF SECURITY CAMERAS, 3D DOCUMENTATION OF SITE AND CONSERVATION WORK, AND PROCESSING OF DATA INTO MAPS AND DOCUMENTS FOR FUTURE PLANNING. GHF ALSO DOCUMENTED, USING VIDEO AND IMAGES, INTANGIBLE HERITAGE TRADITIONS OF INDIGENOUS WOMEN IN COMMUNITIES NEAR CUIDAD PERDIDA FOR A MULTIMEDIA ONLINE STORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ro King Chair/acting Ed | OfficerTrustee | 1 | $0 |
Russell Platt Secretary | OfficerTrustee | 1 | $0 |
Ben Sihota Board Memb./secretary (thru 12/31/22) | OfficerTrustee | 1 | $0 |
Rob Harper Treasurer | OfficerTrustee | 1 | $0 |
Patrick Franco Vice Chair | OfficerTrustee | 1 | $0 |
George Sycip Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $89,866 |
| All other contributions, gifts, grants, and similar amounts not included above | $509,948 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $599,814 |
| Total Program Service Revenue | $1,000 |
| Investment income | $868 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$13,543 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $589,579 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $103,843 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $186,030 |
| Compensation of current officers, directors, key employees. | $48,858 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $108,136 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,216 |
| Payroll taxes | $20,583 |
| Fees for services: Management | $43,211 |
| Fees for services: Legal | $2,730 |
| Fees for services: Accounting | $75,868 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $246,674 |
| Advertising and promotion | $3,915 |
| Office expenses | $19,416 |
| Information technology | $47,383 |
| Royalties | $0 |
| Occupancy | $28,955 |
| Travel | $21,040 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,174 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,510 |
| Insurance | $7,881 |
| All other expenses | $0 |
| Total functional expenses | $945,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,156 |
| Savings and temporary cash investments | $31,508 |
| Pledges and grants receivable | $245,089 |
| Accounts receivable, net | $16,503 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,683 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,112 |
| Total assets | $325,051 |
| Accounts payable and accrued expenses | $54,996 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $54,996 |
| Net assets without donor restrictions | $23,993 |
| Net assets with donor restrictions | $246,062 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $325,051 |
Grants Awarded
Over the last fiscal year, Global Heritage Fund has awarded $52,800 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GLOBAL DIGITAL HERITAGE PURPOSE: DIRECT PROJECT FUNDING | $40,800 |
SW ASSOCIATES PURPOSE: DIRECT PROJECT FUNDING | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Heritage Fund Gladwyne, PA | $325,051 | $589,579 |
American Center For Mongolian Studies Philadelphia, PA | $903,010 | $855,497 |
Eastern Sociological Society Inc Dept Of Sociology Park 420 Wayne, NJ | $510,946 | $418,888 |
North American Society For The Sociology Of Sport College Park, MD | $274,272 | $309,002 |
American Journal Of Economics And Sociology Inc Princeton, NJ | $217,182 | $0 |
Israelpromise Inc Scarsdale, NY | $155,242 | $56,000 |