Global Impact
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Global Impact meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to build partnerships and resources for the world's most vulnerable people."
Year, State Incorporated:
1981, DC
Global Impact aims to inspire greater giving by engaging in the following activities: participating in nearly 300 workplace giving campaigns to provide a means for employees of participating institutions to donate to the organization or its nearly 100-member charities; creating alliances with funding organizations to address specific relief or development needs in developing countries; providing philanthropic services to the non-governmental organizations and private sector through a suite of services including strategy, implementation and ongoing organizational support, campaign management services, signature and high impact funds, state charitable registration services, and the management of donor-advised funds; distributing funds raised on behalf of member charities based on criteria established by the Board of Directors; and operating as a fiscal sponsor of projects within the mission of Global Impact.
For the year ended June 30, 2023, Global Impact's program expenses were:
Special programmatic services: $14,057,234
Distributions to donor designated charities: $3,301,831
Fiscal sponsor and other projects: $56,415,095
General campaigns: $1,504,640
Donor-advised funds: $1,168,772
Outreach coordination: $1,554,065
Geneva Global: $10,153,777
Capital for Good: $5,376,296
Total Program Expenses: $93,531,710
Chief Executive
Scott Jackson, President and Chief Executive Officer
Compensation*
$588,068
Chair of the Board
Anita Whitehead
Chair's Profession / Business Affiliation
Principal, Corporate Citizenship Services, KPMG Board Chair, KPMG Foundation
Board Size
15
Paid Staff Size
148
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Internet, Special events, Foundation grants
Fundraising costs were 1% of related contributions. (Related contributions, which totaled $148,509,339, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Global Impact's audited financial statements for the year ended June 30, 2023.
Source of Funds
| Contributions | $27,141,036 |
| Contributions from fiscal sponsor arrangements | $117,166,712 |
| In-kind contributions | $500,266 |
| Administrative charges for raising funds for others | $1,718,088 |
| Advisory and other services | $7,892,066 |
| Program support services | $3,957,196 |
| Combined Federal Campaign - outreach campaign fees | $2,446,905 |
| Investment income, net | $1,181,654 |
| Other revenue | $98,357 |
| Campaign revenues | $3,701,325 |
| Total Income | $165,803,605 |
Programs: 96% Fundraising: 1% Administrative: 3%
| Total Income | $165,803,605 |
| Total expenses: | $97,198,314 |
| Program expenses | $93,531,710 |
| Fundraising expenses | $1,077,020 |
| Administrative expenses | $2,589,584 |
| Other expenses | $0 |
| Income in Excess of Expenses | $68,605,291 |
| Beginning Net Assets | $67,842,465 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $136,447,756 |
| Total Liabilities | $23,590,255 |
| Total Assets | $160,038,011 |
Note: According to Global Impact's audited financial statements for the year ended June 30, 2023 - consolidated -, the organization received in-kind contributions totaling $500,266 in the form of media ($300,000), professional fees ($110,000), rent and occupancy ($60,000), membership dues ($13,673), supplies ($8,881), and training ($7,712).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB Wise Giving Alliance