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Nonprofiteer
← GSMA MOBILE FOR DEVELOPMENT FOUNDATION INC

Form 990 for tax year 2022

Filed by GSMA MOBILE FOR DEVELOPMENT FOUNDATION INC.

Totals

Total revenue
$19,880,506
Total expenses
$19,787,931
Contributions and grants received
$19,880,506
Grants paid
$3,065,528
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$13,223,842
Total liabilities, end of year
$11,291,754
Net assets or fund balances, end of year
$1,932,088
Program services expenses (Part IX)
$18,441,695
Management and general expenses
$1,124,670
Fundraising expenses
$221,566
Program service expenses (Part III)
$18,441,695

Program services were 93.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $12,488,480

  • 1f · All other contributions, gifts and grants

    $7,392,026

  • 3 · Investment income

    total $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $109,536 · program services $109,536

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $2,955,992 · program services $2,955,992

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $1,176,743 · program services $1,176,743

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $5,756,342 · program services $5,092,414 · management and general $582,270 · fundraising $81,658

  • 8 · Pension plan contributions

    total $363,313 · program services $329,464 · management and general $26,500 · fundraising $7,349

  • 9 · Other employee benefits

    total $925,326 · program services $799,819 · management and general $101,552 · fundraising $23,955

  • 10 · Payroll taxes

    total $747,570 · program services $681,999 · management and general $65,571

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $118,168 · program services $9,400 · management and general $108,768

  • 11c · Fees: accounting

    total $116,340 · program services $44,890 · management and general $71,450

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $5,751,907 · program services $5,628,516 · management and general $14,787 · fundraising $108,604

  • 12 · Advertising and promotion

    total $689,201 · program services $689,201

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $27,329 · program services $27,329

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $553,654 · program services $551,777 · management and general $1,877

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $337,132 · program services $337,132

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: FOREIGN EXCHANGE EXPENSE

    total $145,434 · management and general $145,434

  • 24b · Other expenses: BANK FEES

    total $5,326 · program services $207 · management and general $5,119

  • 24c · Other expenses: PROFESSIONAL SUBSCRIPTIONS/FEE

    total $8,618 · program services $7,276 · management and general $1,342

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $8,762,627 · end of year $10,464,918

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $2,746,284

  • 4 · Accounts receivable

    beginning of year $16,515 · end of year $12,640

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,645,941 · end of year $8,819,926

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $3,920,040 · end of year $2,471,828

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,213,161 · end of year $1,932,088

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

GSMA MOBILE FOR DEVELOPMENT FOUNDATION, INC WAS CREATED FOR THE PURPOSE OF DEVELOPING AND ENGAGING IN PROJECTS THAT UTILIZE MOBILE COMMUNICATIONS TO RELIEVE THE POOR, THE DISTRESSED, AND THE UNDER-PRIVILEGED.

Activities or mission (Part I)

THE FOUNDATION WAS CREATED FOR THE PURPOSE OF DEVELOPING & ENGAGING IN PROJECTS THAT UTILIZE MOBILE COMMUNICATIONS TO RELIEVE THE POOR, DISTRESSED, AND UNDERPRIVILEGED.

  • Ecosystem Accelerator : Our mission is to build synergies between start-ups and mobile operators, with the aim to scale innovative and sustainable mobile services in emerging markets. Despite an increasing number of mobile products and services in emerging markets, reaching scale is still a challenge for most. The GSMA Ecosystem Accelerator works to bridge the gap between operators and innovators, enabling strong partnerships that support the growth of commercially sustainable mobile products and services. By opening the dialogue between innovators and operators, the programme helps operators contribute their assets and expertise to the most promising ideas. This will in turn support innovators to secure the funding and direction they require in order to bring their products and services to scale. In fostering these partnerships, we can bring the most impactful mobile solutions to the people and places that need them most, generating the greatest socio-economic impact.

    Expenses $5,152,228 · Grants $2,225,891

  • Mobile Money Programme: Accelerating the mobile money ecosystem for the underserved Our mission is to support our members and industry stakeholders to increase the utility and sustainability of mobile money services and increase financial inclusion. Two billion people remain unbanked, without access to safe, secure and affordable financial services. The GSMA Mobile Money Programme is working with mobile operators and industry stakeholders to create a robust mobile money ecosystem, which will increase the relevancy and utility of these services, and ensure their sustainability. To truly transform the financial lives of underserved people, mobile money must become a central monetization mechanism, universally available across a greater range of digital transactions. By making mobile money more central to the financial lives of these users, greater financial inclusion, economic empowerment and economic growth can be achieved.

    Expenses $2,348,918 · Grants $620,531

  • Mobile for Humanitarian's mission is to accelerate the delivery and impact of digital humanitarian assistance: We aim to reach 7 million people with improved access to and use of life-enhancing mobile-enabled services during humanitarian and disaster preparedness, response and recovery by 2021. The GSMA Mobile for Humanitarian Innovation (M4H) programme marks an evolution and expansion of the GSMA's disaster response work. The programme is supported by the UK Foreign, Commonwealth and Development Office (FCDO). The mobile industry continues to grow its engagement and investment in partnerships and solutions that will deliver a digital humanitarian future. Over 156 mobile operators have committed to the GSMA Humanitarian Connectivity Charter, an initiative which strengthens the resilience, preparedness and response capability of connectivity systems in over 108 countries. This research aims to provide evidence to help MNOs make informed decisions about engaging in partnerships with humanitarian organizations, and to help humanitarian actors better understand their MNO partners and build successful long-term partnerships.

    Expenses $2,515,864 · Grants $219,106

  • Mobile Money

    Expenses $2,032,720

  • connected women

    Expenses $1,913,009

  • M4D Initiatives

    Expenses $1,316,045

  • connected society

    Expenses $1,225,777

  • CleanTech

    Expenses $1,050,339

  • Digital Utilities

    Expenses $732,701

  • Foundation Youth Mobile & Tech4Girls

    Expenses $154,094

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mats Granryd

    Director General

    Total calculated
    $2,413,032
    From this org
    $0
    From related orgs
    $2,413,032
    Other
    $0
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $516,600 related
    Bonus
    not reported + $1,582,135 related
    Other
    not reported + $314,297 related
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $2,413,032 related

  • Louise Easterbrook

    Treasurer

    Total calculated
    $528,181
    From this org
    $0
    From related orgs
    $528,181
    Other
    $0
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $249,918 related
    Bonus
    not reported + $226,483 related
    Other
    not reported + $51,780 related
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $528,181 related

  • John Giusti

    Board of Directors

    Total calculated
    $434,469
    From this org
    $0
    From related orgs
    $411,787
    Other
    $22,682
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $216,022 related
    Bonus
    not reported + $195,765 related
    Other
    not reported
    Deferred
    not reported + $22,682 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $434,469 related

  • Monique Cormier

    Deputy General Counsel

    Total calculated
    $390,185
    From this org
    $0
    From related orgs
    $379,764
    Other
    $10,421
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $270,046 related
    Bonus
    not reported + $109,718 related
    Other
    not reported
    Deferred
    not reported + $10,421 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $390,185 related

  • Max Cuvellier

    Head of Mobile for Development

    Total calculated
    $270,733
    From this org
    $270,733
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $270,733
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $270,733

  • Oonagh Stein

    Finance Director

    Total calculated
    $238,111
    From this org
    $0
    From related orgs
    $212,340
    Other
    $25,771
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    not reported + $152,393 related
    Bonus
    not reported + $59,947 related
    Other
    not reported
    Deferred
    not reported + $25,771 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $238,111 related

  • Claire Sibthorpe

    Head of Connected Women

    Total calculated
    $214,470
    From this org
    $189,288
    From related orgs
    $0
    Other
    $25,182
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,735
    Bonus
    $18,553
    Other
    $0
    Deferred
    $25,182
    Nontaxable benefits
    $0
    Filer's total
    $214,470

  • Philippe Bellordre

    Head of Programme Delivery - A

    Total calculated
    $197,627
    From this org
    $183,146
    From related orgs
    $0
    Other
    $14,481
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,902
    Bonus
    $22,244
    Other
    $0
    Deferred
    $14,481
    Nontaxable benefits
    $0
    Filer's total
    $197,627

  • Kimberly Brown

    Head of the Mobile for Humanan

    Total calculated
    $188,091
    From this org
    $178,434
    From related orgs
    $0
    Other
    $9,657
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,945
    Bonus
    $17,489
    Other
    $0
    Deferred
    $9,657
    Nontaxable benefits
    $0
    Filer's total
    $188,091

  • Ashley Olson Onyango

    Head of Financial Inclusion an

    Total calculated
    $183,355
    From this org
    $173,743
    From related orgs
    $0
    Other
    $9,612
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,196
    Bonus
    $13,547
    Other
    $0
    Deferred
    $9,612
    Nontaxable benefits
    $0
    Filer's total
    $183,355

  • Bart-Jan Pors

    Senior Director - Mobile Money

    Total calculated
    $177,183
    From this org
    $152,288
    From related orgs
    $0
    Other
    $24,895
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,289
    Bonus
    $13,999
    Other
    $0
    Deferred
    $24,895
    Nontaxable benefits
    $0
    Filer's total
    $177,183

  • Loreno Ferro

    Head of Finance & Compliance

    Total calculated
    $159,803
    From this org
    $153,610
    From related orgs
    $0
    Other
    $6,193
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,577
    Bonus
    $14,033
    Other
    $0
    Deferred
    $6,193
    Nontaxable benefits
    $0
    Filer's total
    $159,803

  • Daniele Tricarico

    Senior Director - Central Insi

    Total calculated
    $145,552
    From this org
    $127,727
    From related orgs
    $0
    Other
    $17,825
    Hours/week
    40

  • Akanksa Sharma

    Head of the ClimateTech

    Total calculated
    $140,960
    From this org
    $127,685
    From related orgs
    $0
    Other
    $13,275
    Hours/week
    40

  • Elizabeth Bookout

    Head of Subgrants Compliance

    Total calculated
    $134,801
    From this org
    $129,569
    From related orgs
    $0
    Other
    $5,232
    Hours/week
    40

  • Sigve Brekke

    Board of Directors

    Total calculated
    $0
    Hours/week
    2

  • Kaan Terzioglu

    Board of Directors

    Total calculated
    $0
    Hours/week
    2

  • amolo ng'weno

    Board of Directors

    Total calculated
    $0
    Hours/week
    2

  • Karen Halazon

    Board of Directors

    Total calculated
    $0
    Hours/week
    2

  • Jens Shulte-Bockem

    BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    2

  • Dr Lisa Hehenberger

    BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    2

  • Assaad Jabre

    Resigned Board of Director

    Total calculated
    $0
    Hours/week
    2

  • Dato' Izzaddin Idris

    Resigned Board of Director

    Total calculated
    $0
    Hours/week
    2

  • Dr Nasser Marafih

    Resigned Board of Director

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
EMPLOYEES OF THE ORGANIZATION RECEIVED NON-FIXED BONUSES, PAID THROUGH A RELATED ORGANIZATION, OF WHICH THERE IS A COMMON PAYMASTER.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • GSMA SERVICES INDIA PRIVATE LIMITED

    c corp · DIGITAL ADVOC · IN · 100% owned · share of income $1,283,116 · share of assets $857,461

    Directly controlled by GSM ASSOCIATION

  • GSMA SRL

    C CORP · DIGITAL ADVOC · AR · 100% owned · share of income $1,579,327 · share of assets $145,113

    Directly controlled by GSM ASSOCIATION

Provenance

Return type
form_990
Tax year
2022
Filed
15 February 2024
IRS schema version
2022v5.0
Source object
202440459349301219

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