Fund For The Global Fund
- Assets
- $31.7m
- Revenue
- $20.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Sperryville, VA
- Founding
- 10/2011
- Data as of
- 12/2021
- EIN
- 27-5273239
Organization Overview
Fund For The Global Fund is located in Sperryville, VA. The organization was established in 2011. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fund For The Global 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 12/2021, Fund For The Global Fund generated $20.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $20.9m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE GLOBAL FUND TO FIGHT AIDS, TUBERCULOSIS AND MALARIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS SUPPORTED BY THE GLOBAL FUND HAVE CUMULATIVELY HELPED SAVE 44 MILLION LIVES, PLACED 21.9 MILLION PEOPLE ON ANTIRETROVIRAL THERAPY FOR HIV, PROVIDED TUBERCULOSIS TESTING AND TREATMENT FOR 22.10 MILLION PEOPLE, AND DISTRIBUTED 983 MILLION INSECTICIDE-TREATED NETS TO PROTECT AGAINST MALARIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Summers President | OfficerTrustee | 10 | $36,000 |
Francoise Vanni Secretary | OfficerTrustee | 1 | $0 |
Richard Parnell Treasurer | OfficerTrustee | 1 | $0 |
Katja Roll Director | Trustee | 0.2 | $0 |
Shaun Mellors Director | Trustee | 0.2 | $0 |
Maria Sol Pintos Castro Director | Trustee | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rf Advisory Ltd Consulting Services | 12/30/21 | $325,562 |
Friends Of The Global Fight Against Aids Administrative And Consulting Services | 12/30/21 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,841,830 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,841,830 |
| Total Program Service Revenue | $0 |
| Investment income | $117 |
| 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 | $20,841,947 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $211,794 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $20,080,598 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $36,000 |
| Compensation of current officers, directors, key employees. | $36,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,499 |
| Fees for services: Accounting | $33,455 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $552,272 |
| Advertising and promotion | $0 |
| Office expenses | $7,256 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,763 |
| All other expenses | $0 |
| Total functional expenses | $20,940,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,561,344 |
| Savings and temporary cash investments | $362,299 |
| Pledges and grants receivable | $26,818,427 |
| Accounts receivable, net | $0 |
| 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 | $441 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $31,742,511 |
| Accounts payable and accrued expenses | $6,987 |
| Grants payable | $29,457,637 |
| 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 | $29,464,624 |
| Net assets without donor restrictions | -$23,059,675 |
| Net assets with donor restrictions | $25,337,562 |
| 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 | $31,742,511 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Fund For The Global Fund has recieved totaling $4,116,475.
| Awarding Organization | Amount |
|---|---|
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: GLOBAL HEALTH AND DEVELOPMENT PUBLIC AWARENESS AND ANALYSIS | $4,100,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,628 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,280 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $147 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $101 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For The Global Fund Sperryville, VA | $31,742,511 | $20,841,947 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Operation Sharing Tennessee Oneida, TN | $4,077,173 | $16,068,695 |
Merit America Washington, DC | $16,787,375 | $11,449,992 |
Regional Addicition Prevention Inc Washington, DC | $8,257,247 | $5,252,185 |
Johnny Mac Soldiers Fund Inc Ashburn, VA | $3,599,907 | $5,224,033 |
Ujft Community Campus L L C Virginia Beach, VA | $22,712,202 | $1,877,122 |
Generations Inc Memphis, TN | $2,391,169 | $2,284,255 |
Francis P Chiaramonte Md Family Foundation Inc Alexandria, VA | $42,064,981 | $1,988,575 |
Cornerstone Of Hope Inc Paducah, KY | $781,400 | $2,454,747 |
Foundation For Financial Planning Inc Washington, DC | $30,168,381 | $3,652,624 |
A Step Ahead Foundation Inc Memphis, TN | $3,137,526 | $2,423,176 |