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Nonprofiteer
← GLOBAL FUND FOR WOMEN INC

Form 990 for tax year 2023

Filed by GLOBAL FUND FOR WOMEN INC.

Totals

Total revenue
$36,741,867
Total expenses
$33,129,555
Contributions and grants received
$33,340,024
Grants paid
$13,839,734
Program service revenue
$636,272
Investment income
$2,754,590
Other revenue
$10,981
Total assets, end of year
$110,299,532
Total liabilities, end of year
$17,390,487
Net assets or fund balances, end of year
$92,909,045
Program services expenses (Part IX)
$26,673,198
Management and general expenses
$3,313,735
Fundraising expenses
$3,142,622
Program service expenses (Part III)
$26,673,198

Program services were 80.5% 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)

    $6,811,543

  • 1f · All other contributions, gifts and grants

    $26,528,481

  • 1g · Noncash contributions included above

    $596,025

  • 2a · Program service revenue: FISCAL SPONSOR FEES

    total $597,609 · related or exempt $597,609

  • 2b · Program service revenue: FEES FOR SERVICE

    total $38,663 · related or exempt $38,663

  • 3 · Investment income

    total $3,243,294 · excluded $3,243,294

  • 7a · Gross sales of assets other than inventory

    securities $22,478,278

  • 7b · Less cost or other basis and sales expenses

    securities $22,966,982

  • 7c · Gain or loss

    securities -$488,704

  • 7d · Net gain or loss

    total -$488,704 · excluded -$488,704

  • 11a · Other revenue: EVENT TICKETS REVENUE

    total $10,600 · excluded $10,600

  • 11d · All other revenue

    total $381 · excluded $381

  • 11e · Other revenue, total

    $10,981

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $663,500 · program services $663,500

  • 3 · Grants to foreign organizations and individuals

    total $13,176,234 · program services $13,176,234

  • 5 · Compensation of officers, directors and key employees

    total $1,587,311 · program services $608,075 · management and general $594,468 · fundraising $384,768

  • 7 · Other salaries and wages

    total $6,494,770 · program services $3,970,546 · management and general $1,039,407 · fundraising $1,484,817

  • 8 · Pension plan contributions

    total $317,353 · program services $199,873 · management and general $45,281 · fundraising $72,199

  • 9 · Other employee benefits

    total $980,603 · program services $535,095 · management and general $245,020 · fundraising $200,488

  • 10 · Payroll taxes

    total $668,087 · program services $381,153 · management and general $132,550 · fundraising $154,384

  • 11b · Fees: legal

    total $27,089 · management and general $27,089

  • 11c · Fees: accounting

    total $110,269 · management and general $110,269

  • 11e · Fees: professional fundraising services

    total $547,195 · fundraising $547,195

  • 11f · Fees: investment management

    total $98,640 · management and general $98,640

  • 11g · Fees: other

    total $5,953,294 · program services $5,616,717 · management and general $336,577

  • 12 · Advertising and promotion

    total $103,034 · program services $78,445 · management and general $741 · fundraising $23,848

  • 13 · Office expenses

    total $126,254 · program services $21,145 · management and general $10,757 · fundraising $94,352

  • 14 · Information technology

    total $307,590 · program services $160,757 · management and general $88,891 · fundraising $57,942

  • 16 · Occupancy

    total $84,765 · program services $52,284 · management and general $19,908 · fundraising $12,573

  • 17 · Travel

    total $1,281,143 · program services $957,672 · management and general $222,574 · fundraising $100,897

  • 19 · Conferences, conventions and meetings

    total $78,101 · program services $68,596 · management and general $9,505

  • 23 · Insurance

    total $49,269 · program services $10,481 · management and general $38,788

  • 24a · Other expenses: SUPPLIES

    total $55,031 · program services $37,941 · management and general $14,374 · fundraising $2,716

  • 24e · All other expenses

    total $420,023 · program services $134,684 · management and general $278,896 · fundraising $6,443

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $23,673,183 · end of year $43,114,773

  • 3 · Pledges and grants receivable

    beginning of year $23,356,001 · end of year $17,425,292

  • 4 · Accounts receivable

    beginning of year $82,480 · end of year $21,735

  • 9 · Prepaid expenses and deferred charges

    beginning of year $209,270 · end of year $240,820

  • 11 · Investments: publicly traded securities

    beginning of year $61,584,831 · end of year $49,152,386

  • 15 · Other assets

    beginning of year $406,574 · end of year $344,526

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,246,085 · end of year $937,373

  • 18 · Grants payable

    beginning of year $23,274,007 · end of year $16,218,529

  • 25 · Other liabilities

    beginning of year $0 · end of year $234,585

  • 27 · Net assets without donor restrictions

    beginning of year $39,546,299 · end of year $43,625,166

  • 28 · Net assets with donor restrictions

    beginning of year $45,245,948 · end of year $49,283,879

Mission and programs · 2023

Mission

WE FUND BOLD, AMBITIOUS, AND EXPANSIVE GENDER JUSTICE MOVEMENTS TO CREATE MEANINGFUL CHANGE THAT WILL LAST BEYOND OUR LIFETIMES.

Activities or mission (Part I)

WE FUND BOLD, AMBITIOUS, AND EXPANSIVE GENDER JUSTICE MOVEMENTS TO CREATE MEANINGFUL CHANGE.

  • GRANTS AND GRANTEE SERVICES: IN FY24, WE AWARDED APPROXIMATELY 340 GRANTS TOTALING ALMOST $14 MILLION TO 294 ORGANIZATIONS IN 73 COUNTRIES. OUR GRANTMAKING HELPED STRENGTHEN AND SUSTAIN GENDER JUSTICE MOVEMENTS AROUND THE WORLD, INCLUDING GROUPS WORKING TO ADVANCE CLIMATE JUSTICE IN THE CARIBBEAN AND PACIFIC ISLAND REGIONS AND ACROSS AFRICA; GENDER JUSTICE IN THE BALKANS; SEXUAL AND REPRODUCTIVE HEALTH AND RIGHTS IN WEST AND EAST AFRICA; FREEDOM FROM GENDER-BASED VIOLENCE IN PERU; DOMESTIC WORKERS RIGHTS IN INDIA; AND MORE. WE PROVIDED CRISIS SUPPORT FUNDING TO GENDER JUSTICE ORGANIZATIONS IN RESPONSE TO POLITICAL AND HEALTH CRISES AND CLIMATE-INDUCED DISASTERS, AS WELL AS PROVIDING ONGOING SUPPORT TO NATIONAL AND REGIONAL WOMEN'S FUNDS. OUR CRISIS RESPONSE WORK PARTICULARLY FOCUSED ON UKRAINE, PALESTINE, SUDAN, AND AFGHANISTAN. WE ALSO FUNDED GLOBAL ADVOCACY WORK, INITIATIVES ON ANTI-CORRUPTION, AND INNOVATIVE APPROACHES TO FINDING AND FUNDING EMERGING GENDER JUSTICE MOVEMENTS.

    Expenses $18,193,088 · Grants $12,594,833

  • FISCAL SPONSORSHIP:WE FISCALLY SPONSOR PROJECTS THAT SUPPORT GENDER JUSTICE AND FEMINIST MOVEMENTS ACROSS THE GLOBE THAT ALIGN WITH OUR MISSION AND CHARITABLE PURPOSE.

    Expenses $6,421,257 · Grants $1,244,901 · Revenue $636,272

  • BRAND AND CULTURE: IN FY24, WE PROMOTED GENDER JUSTICE BY FLIPPING THE SCRIPT ON TRADITIONAL PHILANTHROPY, AMPLIFYING THE VOICES OF FEMINIST ACTIVISTS, AND GIVING MOVEMENT LEADERS WHAT THEY NEED TO SUCCEED. WE LAUNCHED NEW CAMPAIGNS TO RAISE AWARENESS OF THE GROUNDBREAKING WORK OF GRASSROOTS GENDER JUSTICE MOVEMENTS. WE ALSO LED A PROCESS FOR FEMINIST ACCOUNTABILITY FOR COMMITMENTS FROM THE GENERATION EQUALITY FORUM; SUPPORTED ARTISTS WORKING AT THE INTERSECTION OF GENDER JUSTICE MOVEMENTS AND CREATIVITY; PROVIDED COMMUNICATIONS SUPPORT TO MOVEMENTS; AND WORKED WITH OUR ADOLESCENT GIRLS' ADVISORY COUNCIL TO ADVANCE OUR WORK IN YOUTH-LED PARTICIPATORY GRANTMAKING.

    Expenses $2,058,853

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

Listed in Part VII

  • Latanya Mapp Frett

    PRESIDENT & CEO UNTIL 1/24

    Total calculated
    $444,796
    From this org
    $391,034
    From related orgs
    $0
    Other
    $53,762
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $390,434
    Bonus
    $0
    Other
    $600
    Deferred
    $24,000
    Nontaxable benefits
    $29,762
    Filer's total
    $444,796

  • Peiyao Chen

    PRESIDENT & CEO

    Total calculated
    $263,360
    From this org
    $208,199
    From related orgs
    $0
    Other
    $55,161
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,599
    Bonus
    $0
    Other
    $600
    Deferred
    $24,000
    Nontaxable benefits
    $31,161
    Filer's total
    $263,360

  • Layli Maparyan

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Amina Doherty

    BOARD CO-CHAIR UNTIL 11/23

    Total calculated
    $0
    Hours/week
    2

  • Moez Virani

    TREASURER UNTIL 6/24

    Total calculated
    $0
    Hours/week
    2

  • Maria Nunez

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Dayna Ash

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Caroline Barlerin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lulu Barrera

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Radhika Bynon

    DIRECTOR UNTIL 11/23

    Total calculated
    $0
    Hours/week
    2

  • Sylvie Djacbou Deugoue

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Laurie Emrich

    DIRECTOR UNTIL 11/23

    Total calculated
    $0
    Hours/week
    2

  • Kerry Gardner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mozn Hassan

    DIRECTOR UNTIL 11/23

    Total calculated
    $0
    Hours/week
    2

  • Nita Ing

    DIRECTOR UNTIL 11/23

    Total calculated
    $0
    Hours/week
    2

  • Stephanie Kimou

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mekala Krishnan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Donya Nasser

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kate Onyejekwe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Theresa Preston-Werner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Bill Shelton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Richard Socher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Polina Vyzhak

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jennifer Mulch Vp Of Finance

    ACCOUNTING, TREASURER AS OF 6/24

    Total calculated
    $131,379
    From this org
    $103,512
    From related orgs
    $0
    Other
    $27,867
    Hours/week
    40

  • Craig Sarsony

    SENIOR VP, GLOBAL OPERATIONS

    Total calculated
    $240,493
    From this org
    $211,925
    From related orgs
    $0
    Other
    $28,568
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,325
    Bonus
    $0
    Other
    $600
    Deferred
    $24,000
    Nontaxable benefits
    $4,568
    Filer's total
    $240,493

  • Jacqueline Hardware Glin

    VP OF GLOBAL PARTNERSHIPS UNTIL 1/24

    Total calculated
    $204,045
    From this org
    $187,017
    From related orgs
    $0
    Other
    $17,028
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,017
    Bonus
    $0
    Other
    $15,000
    Deferred
    $16,134
    Nontaxable benefits
    $894
    Filer's total
    $204,045

  • Anil Awasti

    CHIEF HR OFFICER UNTIL 11/23

    Total calculated
    $203,456
    From this org
    $172,643
    From related orgs
    $0
    Other
    $30,813
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,643
    Bonus
    $0
    Other
    $0
    Deferred
    $22,000
    Nontaxable benefits
    $8,813
    Filer's total
    $203,456

  • Zahra Vieneuve

    VP OF GLOBAL PARTNERSHIPS UNTIL 9/23

    Total calculated
    $194,899
    From this org
    $152,958
    From related orgs
    $0
    Other
    $41,941
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,447
    Bonus
    $3,000
    Other
    $3,511
    Deferred
    $16,189
    Nontaxable benefits
    $25,752
    Filer's total
    $194,899

  • Obed Kabanda

    SD, GOV. P'SHIPS, INNOV.S, & ACCT.

    Total calculated
    $203,758
    From this org
    $165,547
    From related orgs
    $0
    Other
    $38,211
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,547
    Bonus
    $3,000
    Other
    $0
    Deferred
    $8,277
    Nontaxable benefits
    $29,934
    Filer's total
    $203,758

  • Kavita Ramdas

    ACTIVIST IN RESIDENCE UNTIL 4/24

    Total calculated
    $191,100
    From this org
    $162,650
    From related orgs
    $0
    Other
    $28,450
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,650
    Bonus
    $0
    Other
    $0
    Deferred
    $8,138
    Nontaxable benefits
    $20,312
    Filer's total
    $191,100

  • Shonda Brooks

    SD, EQUITY AND ENGAGEMENT UNTIL 3/24

    Total calculated
    $190,728
    From this org
    $142,550
    From related orgs
    $0
    Other
    $48,178
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,550
    Bonus
    $0
    Other
    $0
    Deferred
    $24,000
    Nontaxable benefits
    $24,178
    Filer's total
    $190,728

  • Randall Trigg

    DIRECTOR OF INFO. MANAGEMENT

    Total calculated
    $183,247
    From this org
    $144,780
    From related orgs
    $0
    Other
    $38,467
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,780
    Bonus
    $0
    Other
    $0
    Deferred
    $7,264
    Nontaxable benefits
    $31,203
    Filer's total
    $183,247

  • Krista Potter

    SD OF COMMUNICATIONS UNTIL 6/24

    Total calculated
    $180,395
    From this org
    $143,475
    From related orgs
    $0
    Other
    $36,920
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,475
    Bonus
    $3,000
    Other
    $0
    Deferred
    $7,424
    Nontaxable benefits
    $29,496
    Filer's total
    $180,395

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 · 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
SOME EMPLOYEES WERE AWARDED BONUSES FOR PERFORMING DUTIES ABOVE AND BEYOND THEIR REGULAR POSITION.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

  • GLOBAL FUND FOR WOMEN UK

    GRANTMAKING TO WOMEN-LED ORGANIZATIONS · UK

    Directly controlled by THE GLOBAL FUND FOR WOMEN INC

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • GLOBAL FUND FOR WOMEN FUNDAMENTAL PROJECT LLC

    HOLD TITLE TO DOCUMENTARY SERIES · CA · income $0 · assets $0

    Directly controlled by THE GLOBAL FUND FOR WOMEN INC

Related corporations and trusts

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

  • CHARITABLE REMAINDER UNITRUST (1)

    CHARITABLE GIVING · CA · controlled entity

    Directly controlled by THE GLOBAL FUND FOR WOMEN INC

Provenance

Return type
form_990
Tax year
2023
Filed
26 November 2024
IRS schema version
2023v5.1
Source object
202443379349300419

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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