Global Fund for Children
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 Fund for Children meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to advance the rights and opportunities of children and youth worldwide."
Year, State Incorporated:
1993, NC
Global Fund for Children (GFC) identifies and invests in grassroots organizations that empower young people facing poverty and injustice to reach their full potential. The organization focuses on six core areas: education, gender justice, youth power, climate resilience, safety and well-being, and solidarity in emergencies. Through GFC's communications outreach, the organization aims to highlight partnerships in areas like slums, refugee camps, and rural villages. The organization strives to connect community leaders with professional services and support needed to succeed. In 2023-24, GFC reports disbursing 599 grants in excess of $11 million dollars to 398 community-based organizations in 43 countries.
For the year ended June 30, 2024, Global Fund for Children's program expenses were:
| Program services | $8,455,194 |
| Communications | $551,009 |
| Total Program Expenses | $9,006,203 |
Chief Executive
John Hecklinger, President and Co-Chief Executive Officer
Compensation*
$285,037
Chair of the Board
Swatee Deepak and Greg Wallig
Chair's Profession / Business Affiliation
EMpower UK Director; Chief Strategy Officer, THEIA Analytics Group, Inc.
Board Size
21
Paid Staff Size
74
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Membership appeals, Cryptocurrency, Workplace Giving
Fundraising costs were 9% of related contributions. (Related contributions, which totaled $9,190,192, 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 Fund for Children's audited financial statements - consolidated for the year ended June 30, 2024.
Source of Funds
| Contributions and grants | $9,096,583 |
| Investment income, net | $978,444 |
| In-kind contributions | $93,609 |
| Other income | $35,270 |
| Total Income | $10,203,906 |
Programs: 82% Fundraising: 8% Administrative: 10%
| Total Income | $10,203,906 |
| Total expenses: | $10,935,274 |
| Program expenses | $9,006,203 |
| Fundraising expenses | $827,160 |
| Administrative expenses | $1,101,911 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-731,368 |
| Beginning Net Assets | $19,375,730 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $18,644,362 |
| Total Liabilities | $2,600,313 |
| Total Assets | $21,244,675 |
Note: According to GFC's audited financial statements - consolidated - for the year ended June 30, 2024, the organization received in-kind contributions totaling $93,609 in the form of legal and professional services.
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.
