Totals
- Total revenue
- $27,852,688
- Total expenses
- $19,209,499
- Contributions and grants received
- $26,023,221
- Grants paid
- $2,848,454
- Program service revenue
- $235,345
- Investment income
- $1,515,044
- Other revenue
- $79,078
- Total assets, end of year
- $78,134,298
- Total liabilities, end of year
- $10,279,950
- Net assets or fund balances, end of year
- $67,854,348
- Program services expenses (Part IX)
- $15,948,808
- Management and general expenses
- $2,631,946
- Fundraising expenses
- $628,745
- Program service expenses (Part III)
- $15,948,808
Program services were 83.0% 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.
-
1d · Related organizations
$2,007,136
-
1e · Government grants (contributions)
$2,680,630
-
1f · All other contributions, gifts and grants
$21,335,455
-
2a · Program service revenue: CONTRACT REVENUE
total $233,406 · related or exempt $233,406
-
2b · Program service revenue: SERVICE REVENUE
total $1,939 · related or exempt $1,939
-
3 · Investment income
total $1,471,226 · excluded $1,471,226
-
7a · Gross sales of assets other than inventory
securities $338,021
-
7b · Less cost or other basis and sales expenses
securities $294,203
-
7c · Gain or loss
securities $43,818
-
7d · Net gain or loss
total $43,818 · excluded $43,818
-
11a · Other revenue: OTHER INCOME
total $79,222 · excluded $79,222
-
11b · Other revenue: FOREIGN EXCHANGE LOSS
total -$144 · excluded -$144
-
11e · Other revenue, total
$79,078
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $161,000 · program services $161,000
-
3 · Grants to foreign organizations and individuals
total $2,687,454 · program services $2,687,454
-
5 · Compensation of officers, directors and key employees
total $1,069,462 · program services $637,288 · management and general $338,397 · fundraising $93,777
-
7 · Other salaries and wages
total $7,561,929 · program services $6,888,743 · management and general $289,629 · fundraising $383,557
-
8 · Pension plan contributions
total $884,489 · program services $785,693 · management and general $52,848 · fundraising $45,948
-
9 · Other employee benefits
total $664,263 · program services $583,631 · management and general $45,707 · fundraising $34,925
-
10 · Payroll taxes
total $645,840 · program services $564,332 · management and general $46,095 · fundraising $35,413
-
11b · Fees: legal
total $67,988 · program services $29,076 · management and general $38,029 · fundraising $883
-
11c · Fees: accounting
total $239,192 · program services $102,293 · management and general $133,793 · fundraising $3,106
-
11f · Fees: investment management
total $29,025 · management and general $29,025
-
11g · Fees: other
total $2,208,596 · program services $2,076,964 · management and general $122,050 · fundraising $9,582
-
13 · Office expenses
total $236,730 · program services $117,158 · management and general $116,487 · fundraising $3,085
-
14 · Information technology
total $87,614 · program services $37,686 · management and general $48,795 · fundraising $1,133
-
16 · Occupancy
total $702,066 · program services $287,234 · management and general $414,832
-
17 · Travel
total $366,134 · program services $314,835 · management and general $42,752 · fundraising $8,547
-
18 · Travel or entertainment for public officials
total $200,481 · program services $174,705 · management and general $23,094 · fundraising $2,682
-
20 · Interest
total $311,766 · program services $127,552 · management and general $184,214
-
22 · Depreciation, depletion and amortization
total $548,659 · management and general $548,659
-
23 · Insurance
total $55,164 · program services $22,704 · management and general $32,460
-
24a · Other expenses: FURN./EQUIP./SOFTWARE
total $293,726 · program services $162,917 · management and general $124,702 · fundraising $6,107
-
24b · Other expenses: OUTREACH ACTIVITIES
total $187,921 · program services $187,543 · management and general $378
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $16,619,870 · end of year $19,140,174
-
3 · Pledges and grants receivable
beginning of year $8,380,800 · end of year $7,816,755
-
9 · Prepaid expenses and deferred charges
beginning of year $137,546 · end of year $159,100
-
10a · Land, buildings and equipment: cost or other basis
$18,736,060
-
10b · Land, buildings and equipment: accumulated depreciation
$7,163,326
-
10c · Land, buildings and equipment, net
beginning of year $12,072,732 · end of year $11,572,734
-
11 · Investments: publicly traded securities
beginning of year $27,987,741 · end of year $39,000,498
-
15 · Other assets
beginning of year $637,854 · end of year $445,037
-
17 · Accounts payable and accrued expenses
beginning of year $369,269 · end of year $855,156
-
20 · Tax-exempt bond liabilities
beginning of year $9,341,682 · end of year $8,937,607
-
25 · Other liabilities
beginning of year $699,459 · end of year $487,187
-
27 · Net assets without donor restrictions
beginning of year $38,476,069 · end of year $42,688,715
-
28 · Net assets with donor restrictions
beginning of year $16,950,064 · end of year $25,165,633
Mission and programs · 2025
Mission
REDUCE GLOBAL POVERTY AND IMPROVE LIVES THROUGH INNOVATIVE ECONOMIC RESEARCH THAT DRIVES BETTER POLICY AND PRACTICE BY THE WORLD'S TOP DECISION MAKERS. WE FOCUS ON THE INTERSECTION OF DEVELOPING COUNTRIES AND THE GOVERNMENTS, INSTITUTIONS AND CORPORATIONS THAT CAN HELP THEM DELIVER GREATER PROGRESS.
Activities or mission (Part I)
SEE PART III, LINE 1.
-
GLOBAL HEALTH-AS MORE COUNTRIES RISE OUT OF POVERTY, CGD IS FOCUSING ON THE INEQUITIES AND EMERGING PROBLEMS THAT JEOPARDIZE GLOBAL HEALTH PROGRESS: HOW SHOULD GOVERNMENTS ALLOCATE SCARCE HEALTH BUDGETS RATIONALLY? HOW CAN GLOBAL HEALTH DONORS AND OTHER DEVELOPMENT PARTNERS ADVANCE GLOBAL HEALTH SECURITY, PANDEMIC PREPAREDNESS, AND HEALTH SYSTEMS STRENGTHENING? WHAT CAN BE DONE TO ADDRESS HEALTH INEQUITIES IN LOW- AND MIDDLE-INCOME COUNTRIES? WHAT ARE EVIDENCE-INFORMED POLICIES TO ADDRESS MARKET FAILURES THAT SPAN FROM EARLY-STAGE PHARMACEUTICAL RESEARCH AND DEVELOPMENT TO SUPPLY CHAIN EFFICIENCY AND ENSURE HEALTH PRODUCT MARKETS WORK FOR THE POOR? CGD RESEARCH HELPS POLICYMAKERS BUILD SUSTAINABLE HEALTH SYSTEMS, RESPOND TO SHIFTING REALITIES, AND DELIVER VALUE FOR MONEY.SUSTAINABLE DEVELOPMENT FINANCE-TO MEET THE SUSTAINABLE DEVELOPMENT GOALS THE WORLD MUST RAMP UP DEVELOPMENT FINANCING FROM BILLIONS TO TRILLIONS OF DOLLARS. THIS REQUIRES US TO NOT ONLY EXPAND THE EXISTING PATHWAYS, BUT ALSO UNLOCK NEW RESOURCES, WHILE RESPECTING THE DIGNITY AND INDEPENDENCE OF THE WORLD'S MOST DISADVANTAGED PEOPLE. CGD'S SUSTAINABLE DEVELOPMENT FINANCE PROGRAM WORKS TO ADVANCE THESE GOALS IN PURSUIT OF A RESILIENT AND SUSTAINABLE FUTURE.EDUCATION-CGD'S EDUCATION PROGRAM FOCUSES ON BROAD WELFARE GOALS AND SEEKS TO UNDERSTAND THE ROLE EDUCATION CAN PLAY IN ADDRESSING INEQUITY. DESPITE THE TREMENDOUS PROGRESS THAT HAS BEEN MADE IN INCREASING SCHOOL ACCESS, EDUCATION HAS NOT YET FULFILLED ITS PROMISE OF BEING THE GREAT SOCIETAL EQUALIZER. OUR RESEARCH EXAMINES THE MECHANISMS THROUGH WHICH EDUCATION CAN GIVE CHILDREN EQUAL LIFE OPPORTUNITIES AND BUILD THE HUMAN CAPITAL THAT NATIONS NEED TO PROSPER.
Expenses $15,948,808 · Grants $2,848,454 · Revenue $235,345
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lawrence SummersLAWRENCE SUMMERS
CHAIR (UNTIL 11/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
Edward ScottEDWARD SCOTT
CHAIR EMERITUS
- Total calculated
- $0
- Hours/week
- 0.5
-
Amrita AhujaAMRITA AHUJA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Caroline AtkinsonCAROLINE ATKINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Bertrand BadreBERTRAND BADRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Nancy BirdsallNANCY BIRDSALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Brian DeeseBRIAN DEESE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Mary-Ann EtiebetMARY-ANN ETIEBET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Debra FineDEBRA FINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tony FrattoTONY FRATTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve IsaacsSTEVE ISAACS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Donald KaberukaDONALD KABERUKA
DIRECTOR (UNTIL 11/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
David MarchickDAVID MARCHICK
DIRECTOR (UNTIL 9/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
Bob McCarthyBOB MCCARTHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Luis Alberto MorenoLUIS ALBERTO MORENO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Bobby PittmanBOBBY PITTMAN
DIRECTOR (UNTIL 11/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
Shubhi RaoSHUBHI RAO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Karen SpencerKAREN SPENCER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Judy WoodruffJUDY WOODRUFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Afsaneh BeschlossAFSANEH BESCHLOSS
DIRECTOR (UNTIL 4/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
David BohigianDAVID BOHIGIAN
DIRECTOR (FROM 7/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
Rachel GlennersterRACHEL GLENNERSTER
PRESIDENT
- Total calculated
- $435,995
- From this org
- $418,876
- From related orgs
- $0
- Other
- $17,119
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $418,876
- Bonus
- $0
- Other
- $0
- Deferred
- $15,750
- Nontaxable benefits
- $1,369
- Filer's total
- $435,995
-
Clemence LandersCLEMENCE LANDERS
VICE PRESIDENT AND SENIOR FELLOW
- Total calculated
- $319,726
- From this org
- $269,351
- From related orgs
- $0
- Other
- $50,375
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $269,351
- Bonus
- $0
- Other
- $0
- Deferred
- $40,737
- Nontaxable benefits
- $9,638
- Filer's total
- $319,726
-
Markus GoldsteinMARKUS GOLDSTEIN
VICE PRESIDENT AND SENIOR FELLOW
- Total calculated
- $313,740
- From this org
- $291,565
- From related orgs
- $0
- Other
- $22,175
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $291,565
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $22,175
- Filer's total
- $313,740
-
Charles KennyCHARLES KENNY
SENIOR FELLOW
- Total calculated
- $293,471
- From this org
- $231,809
- From related orgs
- $0
- Other
- $61,662
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $227,809
- Bonus
- $4,000
- Other
- $0
- Deferred
- $35,127
- Nontaxable benefits
- $26,535
- Filer's total
- $293,471
-
Nancy LeeNANCY LEE
SR. POLICY FELLOW & PROGRAM DIR.
- Total calculated
- $270,175
- From this org
- $234,869
- From related orgs
- $0
- Other
- $35,306
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $234,869
- Bonus
- $0
- Other
- $0
- Deferred
- $34,262
- Nontaxable benefits
- $1,044
- Filer's total
- $270,175
-
Kehinde AjayiKEHINDE AJAYI
SENIOR FELLOW AND PROGRAM DIRECTOR
- Total calculated
- $274,301
- From this org
- $223,827
- From related orgs
- $0
- Other
- $50,474
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $219,827
- Bonus
- $4,000
- Other
- $0
- Deferred
- $33,647
- Nontaxable benefits
- $16,827
- Filer's total
- $274,301
-
Eeshani KandpalEESHANI KANDPAL
SENIOR FELLOW
- Total calculated
- $272,600
- From this org
- $212,755
- From related orgs
- $0
- Other
- $59,845
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $208,755
- Bonus
- $4,000
- Other
- $0
- Deferred
- $33,310
- Nontaxable benefits
- $26,535
- Filer's total
- $272,600
-
Emma Rojas-SuarezEMMA ROJAS-SUAREZ
SENIOR FELLOW
- Total calculated
- $250,664
- From this org
- $217,050
- From related orgs
- $0
- Other
- $33,614
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,050
- Bonus
- $0
- Other
- $0
- Deferred
- $31,731
- Nontaxable benefits
- $1,883
- Filer's total
- $250,664
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 · Compensation committee
- 3 · Form 990 of other organizations
- 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
- THE FOLLOWING INDIVIDUALS REPORTED ON PART VII RECEIVED BONUSES.THE BONUSES ARE MERIT BASED. CHARLES KENNY $4,000 KEHINDE AJAYI $4,000 EESHANI KANDPAL $4,000
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
-
$101,000
RESEARCH PROJECT
-
$60,000
RESEARCH PROJECT
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.
-
CENTER FOR GLOBAL DEVELOPMENT EUROPE (CGDE)
501(C)(3) · EDUCATION & RESEARCH ON POVERTY, HEALTH AND OTHER ISSUES · UK · controlled entity
Directly controlled by CENTER FOR GLOBAL DEVELOPMENT
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 27 July 2026
- IRS schema version
- 2025v4.2
- Source object
- 202622089349300117
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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