Globalgiving Foundation Inc
- Assets
- $100.3m
- Revenue
- $151.6m
- Investments
- $0.0
- Employees
- 100
- Location
- Washington, DC
- Founding
- 05/2003
- Data as of
- 12/2022
- EIN
- 30-0108263
Organization Overview
Globalgiving Foundation Inc is located in Washington, DC. The organization was established in 2003. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Globalgiving Foundation Inc employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Globalgiving Foundation 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 12/2022, Globalgiving Foundation Inc generated $151.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $110.4m during the year ending 12/2022. While expenses have increased by 11.7% per year over the past 8 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 2014, Globalgiving Foundation Inc has awarded 4,385 individual grants totaling $157,224,287. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM AID AND PHILANTHROPY TO ACCELERATE COMMUNITY-LED CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBALGIVING HAS HELPED RAISE FUNDS AND PROVIDED GRANTS FOR THOUSANDS OF COMMUNITY-LED ORGANIZATIONS IN MORE THAN 175 COUNTRIES TO SUPPORT POVERTY ALLEVIATION, HEALTH, EDUCATION, COMMUNITY DEVELOPMENT, ENVIRONMENTAL PROTECTION, DISASTER RECOVERY, AND MANY OTHER URGENT CAUSES. TO MEET OUR MISSION TO TRANSFORM AID AND PHILANTHROPY TO ACCELERATE COMMUNITY-LED CHANGE, WE PROVIDE DONORS AND NONPROFITS ACCESS TO A THRIVING GIVING MARKETPLACE, ALONG WITH RESOURCES AND TOOLS TO SUPPORT COMMUNITY-LED DEVELOPMENT. GLOBALGIVING ALSO SOURCES, VETS, AND MONITORS NONPROFIT PROJECTS AROUND THE WORLD TO HELP COMPANIES SUPPORT MORE DIVERSE CHARITABLE ACTIVITIES THROUGH THEIR POWERFUL EMPLOYEE GIVING, CORPORATE PHILANTHROPY, AND CAUSE-RELATED MARKETING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Walsh Chair | OfficerTrustee | 0.5 | $0 |
Bob Sims Vice Chair | OfficerTrustee | 0.5 | $0 |
John Goldstein Treasurer | OfficerTrustee | 0.5 | $0 |
Dennis Whittle Co-Founder & Secretary | OfficerTrustee | 0.5 | $0 |
Mari Kuraishi Co-Founder | Trustee | 0.5 | $0 |
Laura Callanan Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Center For Disaster Preparedness Project Management | 12/30/22 | $478,312 |
Ignite It Llc It Services | 12/30/22 | $249,079 |
Partnership Employment Temp Services | 12/30/22 | $198,646 |
Orr Group Inc Hr Related Services | 12/30/22 | $198,448 |
Elizabeth Stefanski Consulting | 12/30/22 | $182,460 |
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 | $146,892,477 |
| Noncash contributions included in lines 1a–1f | $674,191 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,892,477 |
| Total Program Service Revenue | $4,200,202 |
| Investment income | $543,358 |
| 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 | $151,636,037 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,453,483 |
| Grants and other assistance to domestic individuals. | $315,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $70,415,840 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,306,544 |
| Compensation of current officers, directors, key employees. | $1,015,803 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,597,078 |
| Pension plan accruals and contributions | $204,005 |
| Other employee benefits | $1,472,160 |
| Payroll taxes | $578,245 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $181,486 |
| Fees for services: Accounting | $60,035 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,631,094 |
| Advertising and promotion | $23,576 |
| Office expenses | $41,737 |
| Information technology | $971,312 |
| Royalties | $0 |
| Occupancy | $893,662 |
| Travel | $163,727 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $113,182 |
| Interest | $10,691 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,789 |
| Insurance | $72,409 |
| All other expenses | $19,050 |
| Total functional expenses | $110,437,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,922,955 |
| Savings and temporary cash investments | $83,550,931 |
| Pledges and grants receivable | $1,861,541 |
| Accounts receivable, net | $638,006 |
| 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 | $352,978 |
| Net Land, buildings, and equipment | $475,879 |
| Investments—publicly traded securities | $3,992,103 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $311,487 |
| Other assets | $7,216,149 |
| Total assets | $100,322,029 |
| Accounts payable and accrued expenses | $898,553 |
| Grants payable | $0 |
| Deferred revenue | $978,014 |
| 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 | $9,515,666 |
| Total liabilities | $11,392,233 |
| Net assets without donor restrictions | $14,314,176 |
| Net assets with donor restrictions | $74,615,620 |
| 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 | $100,322,029 |
Grants Awarded
Over the last fiscal year, Globalgiving Foundation Inc has awarded $24,438,482 in support to 545 organizations.
| Grant Recipient | Amount |
|---|---|
SITARE FOUNDATION PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $1,250,000 |
DIRECT RELIEF PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $643,386 |
GIVE2ASIA PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $680,220 |
GLOBAL FUND FOR CHILDREN PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $496,350 |
INTERNATIONAL MEDICAL CORPS PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $402,436 |
THE GATHERING FOR JUSTICE PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $394,478 |