Global Fund To Fight Aids Tuberculosis And Malaria

Organization Overview

Global Fund To Fight Aids Tuberculosis And Malaria is located in null. The organization was established in 2002. According to its NTEE Classification (H81) the organization is classified as: AIDS Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Fund To Fight Aids Tuberculosis And Malaria 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 12/2023, Global Fund To Fight Aids Tuberculosis And Malaria generated $6.3b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $5.0b during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE GLOBAL FUND TO FIGHT AIDS, TUBERCULOSIS AND MALARIA (THE GLOBAL FUND) IS TO ATTRACT, LEVERAGE AND INVEST RESOURCES TO END THE EPIDEMICS OF HIV/AIDS, TUBERCULOSIS AND MALARIA AND TO SUPPORT ATTAINMENT OF THE SUSTAINABLE DEVELOPMENT GOALS ESTABLISHED BY THE UNITED NATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING GRANTS TO LOCALLY-DEVELOPED PROGRAMS FOR THE PREVENTION, TREATMENT OR CARE OF HIV/AIDS, TUBERCULOSIS AND MALARIA AND FOR HEALTH SYSTEM STRENGTHENING. FOLLOWING THE BOARD DECISION ON 9 APRIL 2020, THE GLOBAL FUND LAUNCHED AN APPEAL TO RAISE ADDITIONAL FUNDING FOR COVID-19 EMERGENCY RESPONSE AND CREATED THE COVID-19 RESPONSE MECHANISM ("C19RM"), WHICH WAS EXTENDED SUCCESSIVELY THROUGH FURTHER BOARD DECISIONS IN SEC. 101, INCLUDING THE AWARD OF C19RM FUNDS THROUGH 30 JUNE 2023. DURING 2022, THE BOARD APPROVED AN ADDITIONAL EXTENSION OF C19RM, AND ENABLING IMPLEMENTATION OF C19RM FUNDS THROUGH 31 DECEMBER 2025. (CONTINUED ON SCHEDULE O)DURING 2023 STRATEGIC REALLOCATIONS WERE MADE UNDER C19RM TO ENABLE DYNAMIC PORTFOLIO OPTIMIZATION.


STRATEGIC INITIATIVE PROJECTS-STRATEGIC INITIATIVE PROJECTS FACILITATE GRANT IMPLEMENTATION BY FINANCING TECHNICAL ASSISTANCE, CAPACITY DEVELOPMENT, ALTERNATIVE FUNDING MECHANISMS AND OTHER STRATEGIC PRIORITIES. THEY ARE IMPLEMENTED THROUGH PROJECT PARTNERS LIKE LOCAL GOVERNMENT AGENCIES, INTERNATIONAL ORGANIZATIONS AND PRIVATE FOUNDATIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ida Foundation
Strategic Initiatives Projects
$17,179,881
Pricewaterhousecoopers
Local Fund Agents And Management Consult
$42,863,570
United Nations - Project Services
Local Fund Agents & Strat. Init. Proj.
$10,249,808
World Health Organization
Strategic Initiatives Projects
$10,168,515
Swiss Centre For Int'l Health Swiss Tph
Local Fund Agents
$8,318,289
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,403,678,018
All other contributions, gifts, grants, and similar amounts not included above$760,856,139
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,164,534,157
Total Program Service Revenue$0
Investment income $146,576,379
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 $6,311,110,536

Peer Organizations

Organization NameAssets

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