Global Partnerships

Organization Overview

Global Partnerships is located in Seattle, WA. The organization was established in 2003. According to its NTEE Classification (F99) the organization is classified as: Mental Health & Crisis Intervention N.E.C., under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2021, Global Partnerships employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Partnerships 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 06/2021, Global Partnerships generated $11.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $10.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GLOBAL PARTNERSHIPS' MISSION IS TO EXPAND OPPORTUNITY FOR PEOPLE LIVING IN POVERTY.

Describe the Organization's Program Activity:

AS OF JUNE 30, 2021, GLOBAL PARTNERSHIPS (GP) HAD MORE THAN $119 MILLION INVESTED IN 81 MICROFINANCE INSTITUTIONS, SOCIAL BUSINESSES AND COOPERATIVES IN 24 COUNTRIES IN LATIN AMERICA, THE CARIBBEAN AND SUB-SAHARAN AFRICA. GP INVESTS IN SOCIAL ENTERPRISES WITH SUSTAINABLE SOLUTIONS THAT HELP IMPOVERISHED PEOPLE INCREASE THEIR INCOMES AND IMPROVE THEIR LIVES, WITH INVESTMENTS IN 16 DISTINCT INITIATIVES THAT ADDRESS FACETS OF POVERTY ACROSS LIVELIHOODS, EDUCATION, ENERGY, HEALTH, HOUSING, AND SANITATION. THE VAST MAJORITY (MORE THAN 85%) OF THE FUNDS INVESTED BY GLOBAL PARTNERSHIPS ARE INVESTED WITH MICRO-FINANCE INSTITUTIONS.


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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$2,557,182
Noncash contributions included in lines 1a–1f $214,790
Total Revenue from Contributions, Gifts, Grants & Similar$2,557,182
Total Program Service Revenue$8,218,946
Investment income $97,345
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $293,990
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,160,420

Grants Recieved

Over the last fiscal year, we have identified 23 grants that Global Partnerships has recieved totaling $4,864,722.

Awarding OrganizationAmount
The Seattle Foundation

Seattle, WA

PURPOSE: TO PROVIDE GENERAL SUPPORT

$2,288,750
Shelby Cullom Davis Charitable Fund Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$1,500,000
Kaphan Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$257,623
M J Murdock Charitable Trust

Vancouver, WA

PURPOSE: NEW INVESTMENT STAFF

$197,500
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$195,950
M J Murdock Charitable Trust

Vancouver, WA

PURPOSE: NEW STAFF

$113,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$204,179
Earnings$84,101
Other Expense$15,216
Ending Balance$273,064

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