Global Fund for Children
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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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 four core areas: education, gender equity, youth empowerment, and freedom from violence and exploitation. 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 2021-22, GFC reports that it partnered with 276 organizations in 48 countries.
For the year ended June 30, 2022, Global Fund for Children's program expenses were:
Communications: $427,261
Programs: $7,282,714
Total Program Expenses: $7,709,975
Chief Executive
John Hecklinger, President and Chief Executive Officer
Compensation*
$255,629
Chair of the Board
* *
Chair's Profession / Business Affiliation
*
Board Size
17
Paid Staff Size
22
*2021 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
GFC's board of directors has two Co-Chairs:
Swatee Deepak, Independent Consultant
Greg Wallig, Head of Public Policy and Metro DC Market Managing Principal, Grant Thornton, LLP
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio
Fundraising costs were 4% of related contributions. (Related contributions, which totaled $13,233,198, 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 for the year ended June 30, 2022.
Source of Funds
| Gifts and grants | $13,233,198 |
| Investment loss | $-349,900 |
| Other revenue | $75,648 |
| Total Income | $12,958,946 |
Programs: 88% Fundraising: 6% Administrative: 6%
| Total Income | $12,958,946 |
| Total expenses: | $8,779,662 |
| Program expenses | $7,709,975 |
| Fundraising expenses | $552,735 |
| Administrative expenses | $516,952 |
| Other expenses | $0 |
| Income in Excess of Expenses | $4,179,284 |
| Beginning Net Assets | $8,703,716 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $12,883,000 |
| Total Liabilities | $1,796,326 |
| Total Assets | $14,679,326 |
Note: According to GFC's audited financial statements - consolidated - for the year ended June 30, 2022, the organization received in-kind contributions totaling $41,532 in the form of legal 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.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance