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Nonprofiteer
← GLOBAL FOR GOOD FUND INC

Form 990 for tax year 2023

Filed by GLOBAL FOR GOOD FUND INC.

Totals

Total revenue
$1,134,967
Total expenses
$865,216
Contributions and grants received
$1,117,691
Grants paid
$780,000
Program service revenue
$0
Investment income
$1,176
Other revenue
$16,100
Total assets, end of year
$472,218
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$472,218
Program services expenses (Part IX)
$780,000
Management and general expenses
$5,173
Fundraising expenses
$80,043
Program service expenses (Part III)
$780,000

Program services were 90.2% 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.

  • 1c · Fundraising events

    $630,747

  • 1f · All other contributions, gifts and grants

    $486,944

  • 3 · Investment income

    total $1,176 · excluded $1,176

  • 8a · Fundraising events: gross income

    $701,907

  • 8a · Fundraising events: contributions included on line 1c

    $630,747

  • 8b · Fundraising events: direct expenses

    $685,807

  • 8c · Net income from fundraising events

    total $16,100

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $780,000 · program services $780,000

  • 11c · Fees: accounting

    total $638 · management and general $638

  • 12 · Advertising and promotion

    total $484 · management and general $484

  • 13 · Office expenses

    total $941 · management and general $941

  • 23 · Insurance

    total $1,287 · management and general $1,287

  • 24a · Other expenses: DONOR RECEPTION EXPS

    total $59,049 · fundraising $59,049

  • 24b · Other expenses: CREDIT CARD PROCESS. FEES

    total $20,994 · fundraising $20,994

  • 24c · Other expenses: DUES AND MEMBERSHPS

    total $1,704 · management and general $1,704

  • 24d · Other expenses: MISCELLANEOUS

    total $119 · management and general $119

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $167,968 · end of year $226,471

  • 2 · Savings and temporary cash investments

    beginning of year $23,499 · end of year $101,172

  • 4 · Accounts receivable

    beginning of year $3,500 · end of year $47,900

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,500 · end of year $96,675

  • 27 · Net assets without donor restrictions

    beginning of year $202,467 · end of year $472,218

Mission and programs · 2023

Mission

GLOBAL FOR GOOD FUND, INC. (FORMERLY THE CFMS FUND FOUNDATION INC.) IS A NONPROFIT ORGANIZATION COMPRISED OF DEDICATED INDIVIDUALS, FAMILIES, AND COMPANIES WHOSE PRIMARY MISSION IS TO RAISE MONEY TO CONTRIBUTE TO THE CYSTIC FIBROSIS FUND, THE NATIONAL MULTIPLE SCLEROSIS SOCIETY AND OTHER WORTHY 501(C)3 ORGANIZATIONS. AS THE NEW GLOBAL FOR GOOD FUND, INC. OUR GOAL IS TO KEEP OUR COMMUNITIES MOVING, GROWING AND THRIVING. THESE PILLARS OF SUPPORT ALLOW US TO EXPAND OUR CHARITABLE REACH AND MAKE MORE OF AN IMPACT IN THE COMMUNITIES WHERE WE LIVE AND WORK.

  • CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS THAT SUPPORT RESEARCH AND PROVIDES FUNDS FOR INDIVIDUALS WITH DISEASES WITH A FOCUS ON MULTIPLE SCLEROSIS AND CYSTIC FIBROSIS.

    Expenses $780,000 · Grants $780,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sean Geary

    PRES/SECRETA

    Total calculated
    $0
    Hours/week
    1
  • Christopher Doe

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Catie Kerns

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Pj Cimini

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.0
Source object
202423209349302952

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