Global Greengrants Fund Inc
- Assets
- $38.7m
- Revenue
- $40.3m
- Investments
- $0.0
- Employees
- 33
- Location
- Boulder, CO
- Founding
- 02/2002
- Data as of
- 06/2022
- EIN
- 84-1612422
Organization Overview
Global Greengrants Fund Inc is located in Boulder, CO. The organization was established in 2002. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. As of 06/2022, Global Greengrants Fund Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Greengrants 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 06/2022, Global Greengrants Fund Inc generated $40.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $17.6m during the year ending 06/2022. While expenses have increased by 7.8% 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 Greengrants Fund Inc has awarded 120 individual grants totaling $2,182,752. 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
MOBILIZE RESOURCES FOR COMMUNITIES WORLDWIDE TO PROTECT OUR SHARED PLANET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE MAKE SMALL GRANTS IN DEVELOPING COUNTRIES TO GRASSROOTS GROUPS AND OTHER NON-PROFIT ORGANIZATIONS WORKING TO PROTECT THE ENVIRONMENT, LIVE SUSTAINABLY, PRESERVE BIODIVERSITY, AND HELP PEOPLE GAIN A VOICE IN THEIR OWN FUTURE. GRANTS GO TO STARTUP GROUPS AND PROJECTS WHERE A SMALL AMOUNT OF MONEY CAN MAKE A SIGNIFICANT DIFFERENCE. WE MAKE GRANTS TO GROUPS IN MORE THAN 104 COUNTRIES. TO IDENTIFY PROSPECTIVE GRANTEES, WE RELY ON A NETWORK OF MORE THAN 220 VOLUNTEER ADVISORS AROUND THE WORLD WHO IDENTIFY PROMISING GROUPS.THE GRANT MAKING PROCESS INCLUDES SOLICITING FUNDING REQUESTS, EVALUATING THE REQUESTS, AND AWARDING THE GRANTS. THE ORGANIZATION HAS ADVISORY BOARDS THROUGHOUT THE WORLD WHO SHARE GRANT MAKING DUE DILIGENCE EFFORTS WITH THE ADMINISTRATION OFFICE IN BOULDER, COLORADO. THE ORGANIZATION FINANCES ITS OPERATIONS THROUGH DONATIONS AND GRANTS FROM INDIVIDUALS, FOUNDATIONS, AND CORPORATE SPONSORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Garcia President/ceo | Officer | 40 | $173,705 |
Anthony Noble Vice President/cfo | Officer | 40 | $135,140 |
Kezha Hatier-Riess Vice President | 40 | $125,153 | |
John P Kostishack Vice President | 40 | $123,653 | |
Nnimmo Bassey Board Co-Chair | OfficerTrustee | 3 | $0 |
Regan Pritzker Board Co-Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $377,150 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,470,582 |
| Noncash contributions included in lines 1a–1f | $77,213 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,847,732 |
| Total Program Service Revenue | $332,586 |
| Investment income | $65,883 |
| 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 | $40,267,174 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $588,232 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $13,259,821 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $379,583 |
| Compensation of current officers, directors, key employees. | $112,353 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,925,908 |
| Pension plan accruals and contributions | $65,706 |
| Other employee benefits | $268,272 |
| Payroll taxes | $166,915 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,210 |
| Fees for services: Accounting | $73,872 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $359,533 |
| Advertising and promotion | $0 |
| Office expenses | $103,857 |
| Information technology | $62,740 |
| Royalties | $0 |
| Occupancy | $78,104 |
| Travel | $84,171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,540 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,543 |
| Insurance | $8,625 |
| All other expenses | $1,440 |
| Total functional expenses | $17,641,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,589,483 |
| Savings and temporary cash investments | $1,579,687 |
| Pledges and grants receivable | $9,737,168 |
| Accounts receivable, net | $441,996 |
| 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 | $35,963 |
| Net Land, buildings, and equipment | $37,678 |
| Investments—publicly traded securities | $2,311,456 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,733,431 |
| Accounts payable and accrued expenses | $243,639 |
| Grants payable | $147,600 |
| 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 | $391,239 |
| Net assets without donor restrictions | $23,989,708 |
| Net assets with donor restrictions | $14,352,484 |
| 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 | $38,733,431 |
Grants Awarded
Over the last fiscal year, Global Greengrants Fund Inc has awarded $585,013 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CULTURAL SURVIVAL PURPOSE: GENERAL SUPPORT | $25,000 |
EARTHWORKS PURPOSE: GENERAL SUPPORT | $30,000 |
FAUNA AND FLORA INTERNATIONAL INC PURPOSE: GENERAL SUPPORT | $30,000 |
MOTHER NATURE CAMBODIA PURPOSE: GENERAL SUPPORT | $10,000 |
ENVIRONMENTAL DEFENDER LAW CENTER PURPOSE: GENERAL SUPPORT | $40,000 |
LAKE BAIKAL HERITAGE FOUNDATION PURPOSE: GENERAL SUPPORT | $15,000 |