Global Thinking Foundation Usa Inc
- Assets
- $76.8k
- Revenue
- $630.7k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 82-4228372
Organization Overview
Global Thinking Foundation Usa Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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 Thinking Foundation USA 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 Thinking Foundation USA Inc generated $630.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 46.2% each year . All expenses for the organization totaled $616.0k during the year ending 12/2021. While expenses have increased by 27.9% per year over the past 3 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL THINKING FOUNDATION SUPPORTS, SPONSORS AND ORGANISES ACTIVITIES AND PROJECTS TO PROMOTE FINANCIAL LITERACY, ESPECIALLY TOWARDS VULNERABLE GROUPS (WOMEN IN TROUBLE, CHILDREN, ELDERLY).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Rossi Executive Officer | 40 | $75,587 | |
Tommaso Iaquinta Secretary | 2 | $0 | |
Giuseppe Isola Director | 1 | $0 | |
Dominik Salvatore Director | 1 | $0 | |
Claudia Segre President/treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $630,712 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $630,712 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,587 |
| Other employee salaries and wages | $222,496 |
| Pension plans, employee benefits | $105,534 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $1,204 |
| Occupancy | $42,386 |
| Travel, conferences, and meetings | $11,118 |
| Printing and publications | $0 |
| Other expenses | $112,583 |
| Total operating and administrative expenses | $616,018 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $616,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,669 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $169 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,857 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $4,904 |
| Other assets | $16,250 |
| Total assets | $76,849 |
| Accounts payable and accrued expenses | $16,323 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $13,000 |
| Other liabilities | $0 |
| Total liabilities | $29,323 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Global Thinking Foundation Usa Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
H2o For Life White Bear Lake, MN PURPOSE: Educate about clean water and hygiene | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |