Global Fund For Children
- Assets
- $14.7m
- Revenue
- $13.4m
- Investments
- $0.0
- Employees
- 24
- Location
- Washington, DC
- Founding
- 02/1994
- Data as of
- 06/2022
- EIN
- 56-1834887
Organization Overview
Global Fund For Children is located in Washington, DC. The organization was established in 1994. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Global Fund For Children employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Fund For Children 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 06/2022, Global Fund For Children generated $13.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $8.8m during the year ending 06/2022. While expenses have increased by 4.9% per year over the past 7 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 2015, Global Fund For Children has awarded 57 individual grants totaling $1,051,242. 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 ADVANCE THE RIGHTS AND OPPORTUNITIES OF CHILDREN AND YOUTH WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING:THE GLOBAL FUND FOR CHILDREN (GFC) IDENTIFIES AND INVESTS IN COURAGEOUS GRASSROOTS ORGANIZATIONS THAT ADVANCE CHILDREN'S RIGHTS AROUND THE WORLD RUN BY DEDICATED LOCAL LEADERS. THESE GRASSROOTS PARTNERS EMPOWER YOUNG PEOPLE FACING POVERTY AND INJUSTICE TO REACH THEIR FULL POTENTIAL. GFC'S GOAL IS TO HELP THESE ORGANIZATIONS DEEPEN THEIR IMPACT AND BUILD THEIR CAPACITY FOR SOCIAL CHANGE. GFC CARRIES OUT THIS WORK ACROSS FOUR CORE FOCUS AREAS: EDUCATION; GENDER EQUITY; YOUTH EMPOWERMENT; AND FREEDOM FROM VIOLENCE AND EXPLOITATION.
COMMUNICATIONS:THROUGH ITS COMMUNICATIONS OUTREACH, GFC USES DIGITAL MEDIA, PHOTOGRAPHY AND STORIES TO TELL ABOUT ITS EFFORTS DEDICATED TO DISCOVERING, FUNDING, AND COACHING TRULY GRASSROOTS ORGANIZATIONS THAT EMPOWER CHILDREN AND YOUTH. BY USING ITS WEBSITE, ONLINE OUTREACH AND SOCIAL MEDIA, GFC HIGHLIGHTS ITS ABILITY TO TAKE SMART RISKS THAT OTHERS WON'T, PARTNERING WITH INNOVATIVE ORGANIZATIONS THAT ARE FIGHTING THE ODDS IN PLACES LIKE SLUMS, REFUGEE CAMPS, AND RURAL VILLAGES. GFC PROVIDES A CRUCIAL LINK, CONNECTING COMMUNITY LEADERS WITH THE PROFESSIONAL SERVICES AND SUPPORT THEY NEED TO SUCCEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shweta Siraj Mehta Chair | OfficerTrustee | 5 | $0 |
Greg Wallig Treasurer | OfficerTrustee | 1 | $0 |
Chris Wolz Secretary | OfficerTrustee | 1 | $0 |
Jennifer Altabef Director | Trustee | 1 | $0 |
Kevin Cavanaugh Director (until 8/21) | Trustee | 1 | $0 |
Mete Coban Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $665,521 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,532,484 |
| Noncash contributions included in lines 1a–1f | $58,308 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,198,005 |
| Total Program Service Revenue | $0 |
| Investment income | $131,801 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $25,840 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,954 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,422,408 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $211,910 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,444,284 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $639,355 |
| Compensation of current officers, directors, key employees. | $186,246 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,550,282 |
| Pension plan accruals and contributions | $51,344 |
| Other employee benefits | $119,270 |
| Payroll taxes | $165,983 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $159 |
| Fees for services: Accounting | $53,672 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,964 |
| Fees for services: Other | $491,580 |
| Advertising and promotion | $0 |
| Office expenses | $92,945 |
| Information technology | $188,672 |
| Royalties | $0 |
| Occupancy | $256,661 |
| Travel | $196,770 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,726 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,264 |
| Insurance | $35,043 |
| All other expenses | $94,910 |
| Total functional expenses | $8,762,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,724,008 |
| Savings and temporary cash investments | $103,590 |
| Pledges and grants receivable | $5,274,879 |
| Accounts receivable, net | $5,684 |
| 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 | $49,552 |
| Net Land, buildings, and equipment | $194,671 |
| Investments—publicly traded securities | $2,286,068 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,874 |
| Total assets | $14,679,326 |
| Accounts payable and accrued expenses | $229,088 |
| Grants payable | $755,957 |
| 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 | $500,000 |
| Other liabilities | $311,281 |
| Total liabilities | $1,796,326 |
| Net assets without donor restrictions | $2,024,994 |
| Net assets with donor restrictions | $10,858,006 |
| 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 | $14,679,326 |
Grants Awarded
Over the last fiscal year, Global Fund For Children has awarded $211,910 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
THE NICARAGUAN EDUCATION RESOURCE CENTER (CREA) PURPOSE: PRIMARY, OPPORTUNITY AND ORGANIZATIONAL DEVELOPMENT GRANT | $44,410 |
AL OTRO LADO PURPOSE: PRIMARY GRANT | $21,000 |
HOMIES UNIDOS PURPOSE: PRIMARY AND OPPORTUNITY GRANT | $25,500 |
IMMIGRANT YOUTH COALITION PURPOSE: PRIMARY GRANT | $21,000 |
TAHIRIH JUSTICE CENTER PURPOSE: PIRMARY AND OPPORTUNITY GRANT | $27,000 |
WOMEN'S JUSTICE INITIATIVE PURPOSE: PRIMARY AND ORGANIZATIONAL DEVELOPMENT GRANT | $23,000 |