Global Generosity Inc
- Assets
- $2.7m
- Revenue
- $2.9m
- Investments
- $101.0k
- Employees
- 3
- Location
- Alpharetta, GA
- Founding
- 01/2016
- Data as of
- 12/2021
- EIN
- 47-5209151
Organization Overview
Global Generosity Inc is located in Alpharetta, GA. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Global Generosity Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Generosity 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 Generosity Inc generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Global Generosity Inc has awarded 74 individual grants totaling $48,525,051. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FUEL A GLOBAL MOVEMENT THAT RESULTS IN LIFE-TRANSFORMING GENEROSITY AND CHARITABLE EFFORTS.
Describe the Organization's Program Activity:
GLOBAL GENEROSITY, INC., ENGAGED IN ACTIVITIES DESIGNED TO FUEL A GLOBAL MOVEMENT THAT RESULTS IN LIFE-TRANSFORMING GENEROSITY AND THAT SUPPORTS AND ENCOURAGES RELIGIOUS, CHARITABLE AND EDUCATIONAL ACTIVITIES AMONGST CHRISTIANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David H Wills President/director | OfficerTrustee | 40 | $237,540 |
J Todd Peterson Secr./treas./director | OfficerTrustee | 40 | $180,000 |
Daryl Heald Director | Trustee | 1 | $0 |
Scott Patrick Director | Trustee | 1 | $0 |
Todd Harper Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jackson Consulting Group Llc Consulting | 12/30/21 | $150,000 |
Johanna Sheridan Consulting | 12/30/21 | $126,500 |
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 | $2,877,715 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,877,715 |
| Total Program Service Revenue | $0 |
| Investment income | $169 |
| 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 | $2,877,884 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $375,045 |
| 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. | $547,431 |
| 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 | $26,390 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $46,419 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $593,841 |
| Advertising and promotion | $0 |
| Office expenses | $8,781 |
| Information technology | $10,227 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $36,816 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,704 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,359 |
| All other expenses | $0 |
| Total functional expenses | $2,026,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,526,184 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,000 |
| 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 | $6,654 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $101,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,653,838 |
| Accounts payable and accrued expenses | $34,876 |
| 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 | $34,876 |
| Net assets without donor restrictions | $1,122,438 |
| Net assets with donor restrictions | $1,496,524 |
| 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 | $2,653,838 |
Grants Awarded
Over the last fiscal year, Global Generosity Inc has awarded $339,955 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Alpharetta, GA PURPOSE: MISSION RELATED | $229,955 |
Alpharetta, GA PURPOSE: EVANGELISM | $25,000 |
AMISH CHURCH FUND PURPOSE: SUPPORT | $25,000 |
Nashville, TN PURPOSE: GROWTH | $10,000 |
Santa Ana, CA PURPOSE: JUSTICE | $10,000 |
Houston, TX PURPOSE: POVERTY | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Global Generosity Inc has recieved totaling $2,549,341.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $1,966,336 |
American Bible Society Philadelphia, PA PURPOSE: PROGRAM SERVICES | $558,000 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: ILLUMINATIONS | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Piedmont Triad Charitable Foundation Greensboro, NC | $5,589,144 | $15,418,213 |
Tim Tebow Foundation Inc Jacksonville, FL | $44,406,420 | $40,166,030 |
In Touch Foundation Inc Atlanta, GA | $84,991,538 | $40,474,859 |
Boys & Girls Clubs Of The Midlands Columbia, SC | $2,396,839 | $5,933,397 |
Elaine Nicpon Marieb Charitable Foundation Naples, FL | $63,080,385 | $8,696,635 |
Marlene And Spencer Hays Foundation Nashville, TN | $119,169,427 | $6,377,944 |
The Florida Concrete Masonry Education Council Inc Gainesville, FL | $2,957,826 | $3,367,750 |
Parents With A Purpose Inc Atlanta, GA | $315,977 | $2,301,377 |
Global Generosity Inc Alpharetta, GA | $2,653,838 | $2,877,884 |
Jk And Db Gulley Mem Tuw J K Gulley Tr Orlando, FL | $0 | $486,471 |
Recovery Research Network Foundation Inc Atlantis, FL | $303,889 | $1,495,637 |
Geo Group Foundation Inc Boca Raton, FL | $194,115 | $1,477,065 |