Global Philanthropy Foundation
- Assets
- $50.0k
- Revenue
- $4.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 47-1637839
Organization Overview
Global Philanthropy Foundation is located in Santa Monica, CA. The organization was established in 2014. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Philanthropy Foundation 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 Philanthropy Foundation generated $4.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (52.1%) each year. All expenses for the organization totaled $626.7k 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 BUILD THE CAPACITY OF HIGH-POTENTIAL CHARITABLE PROJECTS AND PROGRAMS THROUGH FISCAL SPONSOR SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALEXIS ARQUETTE FAMILY FOUNDATION (VIA FISCAL SPONSORSHIP FROM GLOBAL PHILANTHROPY FOUNDATION) SUPPORTS THE VIOLENCE INTERVENTION PROJECT TO PROVIDE CRISIS SERVICES AND 24-HOUR-HOTLINE SERVICE TO THOSE EXPERIENCING DOMESTIC VIOLENCE.
ALAND YOU IS A NONPROFIT ON A MISSION TO ENGAGE AND EDUCATE MARGINALIZED COMMUNITIES ABOUT ARTIFICIAL INTELLIGENCE AND NEW TECHNOLOGIES. THEIR GOAL IS TO EXPAND THE ECONOMIC POWER OF THESE COMMUNITIES WITH THE KNOWLEDGE AND TOOLS NEEDED TO ADVANCE IN EDUCATION, JOBS AND CAREERS.PRIMARY PROGRAMMING BUILT IN 2021 INCLUDES THE WEB3 DIGITAL LITERACY BADGE PROGRAM CURRICULUM, BILINGUAL ONLINE RESOURCES, AND OTHER USEFUL CONTENT TO GUIDE PEOPLE THROUGH THE RAPID TECHNOLOGICAL ADVANCEMENTS THAT IMPACT THEIR LIVES AND LIVELIHOODS. THE AIM IS TO SHARE KNOWLEDGE ABOUT TECHNOLOGY THAT CAN HELP CREATE A MORE EQUITABLE TECHNOLOGY LANDSCAPE IN THE ADVENT OF WEB3.
AI AND YOU (VIA FISCAL SPONSOR GLOBAL PHILANTHROPY FOUNDATION) SUPPORTS LATINX IN AI (VIA FISCAL SPONSOR ACCEL AI INSTITUTE) TO BRIDGE COMMUNITIES, ACADEMICS, INDUSTRY, AND POLITICIANS WORKING TO FURTHER AI INNOVATION AND RESOURCES FOR LATINX INDIVIDUALS GLOBALLY. THEY DRIVE AND SUPPORT RESEARCH, DEVELOPMENT, INFRASTRUCTURE, AND MENTORING PROGRAMS TO BOOST INNOVATION AND CAPABILITIES OF LATINX PROFESSIONALS WORKING IN ARTIFICIAL INTELLIGENCE, MACHINE LEARNING, AND DATA SCIENCE.
ADDITIONAL PROGRAM SERVICES INCLUDED SUPPORT FOR THE ALEXIS ARQUETTE FAMILY FOUNDATION, AI AND YOU, AND CHIME FOR CHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margery Kraus President | OfficerTrustee | 1 | $0 |
Trevor Neilson Secretary | OfficerTrustee | 1 | $0 |
Szena Dayo Secretary | OfficerTrustee | 1 | $0 |
Gerardo Lapetina CFO | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Black Rock Senegal Operating Expenses | 12/30/20 | $112,900 |
Automatic Twins Inc Operating Expenses | 12/30/20 | $1,000,000 |
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 | $4,261 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,261 |
| Total Program Service Revenue | $0 |
| 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 | $4,927 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $104,037 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $188,052 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $248,352 |
| Advertising and promotion | $0 |
| Office expenses | $86,216 |
| 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 | $0 |
| All other expenses | $25 |
| Total functional expenses | $626,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,981 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| 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 | $49,981 |
| Accounts payable and accrued expenses | $0 |
| 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 | $520 |
| Total liabilities | $520 |
| Net assets without donor restrictions | $49,461 |
| Net assets with donor restrictions | $0 |
| 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 | $49,981 |
Grants Awarded
Over the last fiscal year, Global Philanthropy Foundation has awarded $97,066 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Algoma, WI PURPOSE: PROGRAM SUPPORT | $81,066 |
Mill Valley, CA PURPOSE: PROGRAM SUPPORT | $16,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Global Philanthropy Foundation has recieved totaling $325,000.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $250,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: General Nonprofit Support | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rockwood Leadership Institute Oakland, CA | $10,080,885 | $11,124,297 |
Grantmakers Concerned With Immigrants And Refugees Petaluma, CA | $4,788,688 | $4,336,686 |
Catalyst Of San Diego & Imperial Counties San Diego, CA | $7,738,471 | $2,813,093 |
B1g1 Giving Portland, OR | $244,433 | $1,502,291 |
Cocatalyst Impact Inc Palo Alto, CA | $255,124 | $1,188,952 |
Tides Two Rivers Fund San Francisco, CA | $10,075,480 | $1,337,806 |
Liferay Foundation Diamond Bar, CA | $4,622,598 | $1,105,729 |
Global Philanthropy Foundation Santa Monica, CA | $49,981 | $4,927 |
Swedemom Center Of Giving Mcminnville, OR | $65 | $275,031 |
Project High Hopes Escondido, CA | $275,148 | -$21,824 |
Orcasong Institute Portland, OR | $974,234 | $97,911 |
Social Good Labs Incorporated Princeville, HI | $799,623 | $638,259 |