Globalgiving Foundation Inc

Overview

Mission

To transform aid and philanthropy to accelerate community-led change.

What it reported doing in 2024

The globalgiving foundation, inc. Was organized to carry on charitable activities that promote social and economic development in poor and disadvantaged communities. We support community-led organizations that focus on, among other things, poverty alleviation, health, education, sustainable development, protection of the environment and disaster relief. The foundation receives recommended donations for over 9,000 pre-screened projects and makes and manages grants of funds to those organizations for the donors.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
300108263
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Headquarters
Washington, DC, USA
Phone
2022325784
Rating
85
Verdict
STRONG
Rating confidence
Standard
Sector
Single Organization Support

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 72
  • Accountability: 100
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.5%; rating input score 91
  • Fundraising efficiency: $37.74 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 28th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 92%; rating input score 92; 23rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -27.3%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.69; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 1.9%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 12.2% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 11.4% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 16.6% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90.5% of spending went to programs
  • Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $105M in reported program spending
  • Leadership: top reported pay $408K · 24 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.1M reported
  • Consistency: 39 of 41 current checks pass · 2 findings to review
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 11 annual filings from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 432 filed money-flow records
  • Related organizations: 418 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

24 people listed

Highest reported compensation

  • VICTORIA VRANA (CEO): $407,783 total reported compensation
  • KRISTINA KOENIG JOSS (CHIEF GROWTH OFFICER): $230,065 total reported compensation
  • MUSTAFA SEYREK (HEAD OF TECHNOLOGY): $224,078 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.