Global Business Coalition For Education Inc

Organization Overview

Global Business Coalition For Education Inc is located in New York, NY. The organization was established in 2013. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2021, Global Business Coalition For Education Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Business Coalition For Education 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 12/2021, Global Business Coalition For Education Inc generated $60.6k 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 (25.9%) each year. All expenses for the organization totaled $134.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENGAGE THE BUSINESS COMMUNITY IN SUPPORTING THE WORLD'S MOST PRESSING GLOBAL EDUCATION ISSUES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GBC-EDUCATION WORKS WITH A GROWING COMMUNITY OF BUSINESS PARTNERS TO DELIVER BREAKTHROUGH EDUCATION SOLUTIONS GLOBALLY. GBC-EDUCATION'S GLOBAL EDUCATION PROGRAM ENCOMPASSES FOUR KEY INITIATIVES: DIVERSITY, EQUITY, AND INCLUSIVE EDUCATION; ENVIRONMENT, SOCIAL, AND GOVERNMENT (ESG) AND SOCIAL IMPACT; YOUTH SKILLS DEVELOPMENT; AND HUMANITARIAN RELIEF. DURING THE ONE MONTH SHORT PERIOD, GBC-EDUCATION CONTINUED TO MAKE IMPORTANT PROGRESS ACROSS ALL PROGRAM'S KEY INITIATIVES AND DELIVERED ACCOMPLISHMENTS TO ADVANCE THE ORGANIZATION'S MISSION.CONTINUED ON SCHEDULE O.DIVERSITY, EQUITY, AND INCLUSIVE EDUCATION: THE ORGANIZATION DEVELOPED A MAJOR REPORT, INVESTING IN INCLUSION: A HANDBOOK FOR BUSINESSES ON DISABILITY-INCLUSIVE EDUCATION, TRAINING, AND EMPLOYMENT. THE REPORT OFFERED AN EVIDENCE-LED HOW-TO GUIDE FOR BUSINESSES ON IMPROVING THEIR EDUCATION, TRAINING, AND EMPLOYMENT FOR YOUNG PEOPLE WITH DISABILITIES. THE REPORT WAS RELEASED AT THE GLOBAL DISABILITY SUMMIT IN OSLO, THE BIGGEST WORLDWIDE EVENT DEDICATED TO PROMOTING DISABILITY RIGHTS, IN FEBRUARY 2022.ENVIRONMENT, SOCIAL, AND GOVERNMENT (ESG) AND SOCIAL IMPACT: THE ORGANIZATION ENGAGED WITH LEADERS OF THE GLOBAL BUSINESS COMMUNITY TO INCORPORATE SUSTAINABLE AND SCALABLE INVESTMENTS IN EDUCATION INTO THEIR ESG AND SOCIAL IMPACT PRACTICES; BUILD A STRONGER, MORE INFORMED, AND IMPACTFUL NETWORK OF BUSINESSES; CONSOLIDATE BEST PRACTICES, GENERATE, AND SHARE EVIDENCE-BASED TOOLS; AND IMPROVE ENGAGEMENT BETWEEN THE PRIVATE AND PUBLIC SECTORS TO ADVANCE EDUCATION OPPORTUNITY. AN ACTIVE NETWORK OF GLOBAL CEOS/EXECUTIVES AND BUSINESS LEADERS, EDUCATION EXPERTS, SOCIAL IMPACT INNOVATORS, AND IMPLEMENTATION SPECIALISTS WAS FORMED TO SUPPORT THE ORGANIZATION'S WORK TO HELP SHAPE THE DIRECTION OF A NEW SET OF SOCIAL IMPACT TOOLS AND RESOURCES. THE ORGANIZATION PUBLISHED A REPORT, AN UNTAPPED FORCE FOR GLOBAL EDUCATION: AN EXPLORATION OF SMALL AND MEDIUM ENTERPRISES, HIGHLIGHTING THE ROLE SMALL AND MEDIUM ENTERPRISES PLAY IN SUPPORTING EDUCATION AND THE INNOVATIVE WAYS IN WHICH THEY ARE ENGAGING THEIR CONSUMERS IN THE CAUSE AND HELD A GLOBAL WEBINAR TO DISCUSS THE REPORT'S FINDINGS. THE EDUCATION FINANCE PLAYBOOK WAS RELEASED; IT WAS A LANDMARK RESOURCE MAKING THE CASE FOR INNOVATIVE FINANCING TO SUPPORT EDUCATION AND PROVIDING OPPORTUNITIES FOR THE BUSINESS COMMUNITY TO MAKE AN IMPACT. THE REPORTS WERE SUPPORTED BY ONLINE AND OFFLINE EVENTS, INCLUDING THE KEY CONVERSATION SERIES, FEATURING BUSINESS LEADERS ALONGSIDE SUBJECT-MATTER EXPERTS, YOUTH INNOVATORS, AND CAMPAIGNERS FOCUSED ON SETTING THE AGENDA FOR SOCIAL IMPACT. DINNER EVENT AT THE REWIRED SUMMIT IN DUBAI, BRINGING TOGETHER BUSINESS LEADERS FROM AROUND THE GLOBE TO DISCUSS THE IMPLEMENTATION OF THE FRAMEWORK FOR ACTION FOR BUSINESSES SUPPORTING EDUCATION, WAS CO-HOSTED IN COLLABORATION WITH PARTNER ORGANIZATIONS.YOUTH SKILLS DEVELOPMENT: THE ORGANIZATION DEVELOPED TARGETED PROGRAMS AND REPORTS IN KEY WORLD REGIONS AND COUNTRIES, PROVIDING ACTIONABLE ANALYSIS FOR POLICYMAKERS, EDUCATORS, AND THE BUSINESS COMMUNITY TO ADDRESS YOUTH SKILLS CRISIS WITH THE URGENCY IT DESERVES AND TO PROMOTE A NEW, COLLABORATIVE APPROACH BETWEEN INDUSTRY LEADERS, YOUTH, COMMUNITY ORGANIZATIONS, AND CITY GOVERNMENTS. THE FIRST NATIONAL BIG IDEAS, BRIGHT CITIES CHALLENGE WAS LAUNCHED. THE CHALLENGE'S GOAL IS TO HELP CITIES STRENGTHEN THEIR EXISTING CAREER READINESS AND YOUTH EMPLOYMENT PROGRAMS OR LAUNCH NEW INITIATIVES, TO HELP ENSURE THAT YOUNG PEOPLE, ESPECIALLY FROM UNDERSERVED AND DISADVANTAGED COMMUNITIES, HAVE THE SKILLS NECESSARY TO ENTER A MEANINGFUL FUTURE CAREER. THE ORGANIZATION DEVELOPED AN AI-POWERED DASHBOARD TO ALLOW USERS TO EXPLORE INTERACTIONS BETWEEN DIFFERENT YOUTH SKILL INDICATORS' VARIABLES ACROSS 200+ U.S. CITIES OVER TIME. THE STATE OF U.S. CITIES AND YOUTH SKILLS, A DATA AND ANALYSIS REPORT ON THE TOP SKILLS-FRIENDLY U.S. CITIES FOR YOUNG PEOPLE, BASED ON THE DATASET OF THE U.S. CENSUS, WAS RELEASED. HUMANITARIAN RELIEF: GBC-EDUCATION'S DISASTER RELIEF AND EDUCATION RESPONSE FUND HELPS BUSINESSES RAISE AND DISTRIBUTE FUNDS WITHIN 30 DAYS OF AN EMERGENCY. THE ORGANIZATION WORKED WITH BUSINESSES TO MAKE AN IMMEDIATE CONTRIBUTION AND A TANGIBLE IMPACT ON COMMUNITIES IN NEED. GBC-EDUCATION OFFERED BUSINESSES AN IMMEDIATE, INNOVATIVE, AND IMPACTFUL WAY TO CHANNEL SUPPORT FOR EDUCATION IN HUMANITARIAN CRISIS. GBC-EDUCATION'S YEARS OF EXPERIENCE IN SUPPORTING EDUCATION IN HUMANITARIAN EMERGENCIES PROVIDED THE EXPERTISE NEEDED TO URGENTLY RESPOND TO THE UNPRECEDENTED CRISIS CREATED BY COVID-19, WHICH DISRUPTED EDUCATION AROUND THE WORLD. TOGETHER WITH OVER 20 OF ITS GLOBAL BUSINESS PARTNERS, GBC-EDUCATION MOBILIZED TOOLS AND RESOURCES TO ENSURE CHILDREN IN NEED COULD RECEIVE QUALITY EDUCATION REMOTELY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Theirworld Projects Ltd
Management Services
$320,872
Zuber Consulting Dba Aspen Labs
Program Consulting Services
$210,225
View All Vendors

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$648
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$648
Total Program Service Revenue$60,000
Investment income $0
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 $60,648

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Global Business Coalition For Education Inc has recieved totaling $1,898,548.

Awarding OrganizationAmount
Bhp Foundation

Washington, DC

PURPOSE: ENHANCING SUSTAINABLE PARTICIPATION AND EFFECTIVE COLLABORATION BETWEEN THE PRIVATE SECTOR AND THE GLOBAL EDUCATION COMMUNITY THAT LEADS TO SYSTEMATIC OUTCOMES IN IMPROVING EQUITABLE EDUCATION AND ACHIEVING SDG4.

$1,573,548
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$250,000
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Education

$60,000
Conrad N Hilton Foundation

Westlake Village, CA

PURPOSE: FOR GENERAL OPERATING SUPPORT.

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$87,500
Other Expense$87,500

Create an account to unlock the data you need.

or