Global Outreach Fund Inc
- Assets
- $23.5m
- Revenue
- $830.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Auburn, CA
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 81-2793464
Organization Overview
Global Outreach Fund Inc is located in Auburn, CA. The organization was established in 2016. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Outreach Fund 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 Outreach Fund Inc generated $830.6k 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 (26.5%) each year.
Since 2018, Global Outreach Fund Inc has awarded 14 individual grants totaling $177,877. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO SUPPORT CHARITABLE ORGANIZATION WHICH PROVIDE ASSISTANCE TO INDIVIDUALS,FAMILIES AND ORGANIZATIONS WHO ARE IN NEED OF SUPPORT TO THOSE LIVING IN PROVERTY OR WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS ABLE TO RECEIVE ADDITIONAL INCOME THROUGH CONTRIBUTIONS AND INVESTMENT INCOME. THE ORGANIZATIONS FUNDED SEVERAL GRANTS TO ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Cunningham Vice President | Officer | 1 | $0 |
James Cunningham President | Officer | 1 | $0 |
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 | $106,182 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,182 |
| Total Program Service Revenue | $0 |
| Investment income | $270,394 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $454,027 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $830,603 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,089 |
| 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 | $0 |
| Fees for services: Accounting | $23,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Total functional expenses | $128,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,002 |
| 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 | $23,115,219 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $324,642 |
| Total assets | $23,466,863 |
| 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 | $10,864 |
| Total liabilities | $10,864 |
| Net assets without donor restrictions | $23,455,999 |
| 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 | $23,466,863 |
Grants Awarded
Over the last fiscal year, Global Outreach Fund Inc has awarded $57,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SGI-USA PURPOSE: Donations | $26,000 |
STANFORD SIERRA YOUTH & FAMIL PURPOSE: Donations | $14,500 |
Simi Valley, CA PURPOSE: Donations | $10,000 |
SACRED HEART CATHOLIC CHURCH PURPOSE: Donations | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Neighbors Global Partnership Center Tustin, CA | $7,369,016 | $74,277,628 |
Give2asia Oakland, CA | $46,076,655 | $66,536,782 |
International Relief Teams San Diego, CA | $7,706,512 | $52,337,669 |
Armenia Artsakh Fund Inc Northridge, CA | $19,924 | $33,562,642 |
Global Operations And Development- Giving Children Hope Buena Park, CA | $8,064,213 | $30,512,149 |
Eden Reforestation Projects Glendora, CA | $7,036,830 | $26,588,598 |
Mission Without Borders International Camarillo, CA | $12,905,795 | $20,022,100 |
Assist International Inc Ripon, CA | $15,283,547 | $16,657,420 |
Maranatha Volunteers International Inc Roseville, CA | $22,832,161 | $24,229,076 |
Alliance For Medical Outreach And Relief Fresno, CA | $15,431,819 | $11,809,946 |
Iris Global Redding, CA | $6,251,509 | $13,219,595 |
Behring Global Educational Foundation Danville, CA | $225,486,118 | $12,863,733 |