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FOUNDATION FOR THE GLOBAL COMPACT
NEW YORK, NY · EIN 161756484 · Form 990 · FY2023 · NTEE Q42 · International Affairs · Large ($10M-$50M) · globalcompactfoundation.org
revenue
$49.2M
expenses
$45.5M
net assets
$13.2M
employees
101
volunteers
6
program ratio
83%
mission · from form 990

RAISE FUNDS SUPPORTING WORK OF THE UN GLOBAL COMPACT OFFICE AND GLOBAL COMPACT-RELATED ACTIVITIES.

profile · synthesized from sources

The Foundation for the Global Compact is a nonprofit established under New York law to raise funds and provide financial and programmatic support for the United Nations Global Compact initiative. It operates independently but in coordination with the UN Global Compact Office, promoting the initiative’s principles and advocating for its goals. The foundation channels contributions toward Global Compact-related activities worldwide.

named programs · 3 · from sources

What they call their work

Fundraising for the Global Compact
Conducts fundraising activities to support the United Nations Global Compact initiative and its global operations
Program Support for Global Compact Activities
Provides financial and programmatic backing for initiatives and programs aligned with the Global Compact mission
Promotion and Advocacy
Advances awareness and adoption of the Global Compact principles through outreach and advocacy efforts
activities · 2 groups

What they do

  • SDG Advancement & Global Advocacy 1 activity
    • Advocacy and promotion of the Global Compact initiative and its principles
      Engages in advocacy and promotional activities to advance the Global Compact initiative and its core principles, including outreach to businesses, stakeholders, and the public to encourage adoption and alignment.
  • Workplace and Affiliate Giving Programs 1 activity
    • Fundraising to support the UN Global Compact Office and related activities
      Raises funds to support the operations of the UN Global Compact Office and broader Global Compact initiative, including its programs and global activities. This includes ongoing financial support for the initiative's implementation and outreach.
financials · form 990 · fy2023
revenue
Total revenue$49.19M
Contributions & grants$48.66M99%
Program service revenue$474K1%
Investment income$55K0%
Other revenue$0
expenses
Total expenses$45.51M
Program expenses83%
Admin / overhead15%
Fundraising2%
Salaries & benefits$10.71M
Grants paid out$5.06M
Largest expense lineProfessional Fees
balance sheet
Total assets$30.56M
Cash$7.40M
Investments$0
Liabilities$17.35M
Net assets$13.21M
Liquid reserves1.9 mo
3 years on record · 2020–2023 · YoY revenue +18.5%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 7
NameTitleHours/wkCompensation
ALEX STEIN MANAGING DIR. 40 $353K
DEREK MARTIN HEAD, DIGITAL (THROUGH 11/23) 40 $242K
SEAN CRUSE HEAD, DATA & IT 40 $208K
CLAUDIA KIRKWALD-ESCOBAR HEAD, MARKETING 40 $204K
VALERIE VILACHA SUTTON HEAD, OPERATIONS 40 $197K
AUDE NAUDET-COQUATRIX GENERAL COUNSEL 40 $179K
OLAJOBI MAKINWA CHIEF OF INTERGOVERNMENTAL RELATIONS (THROUGH 1/2 40 $150K
board members · 6
  • HENRIK O MADSEN — DIRECTOR
  • JAMES V KEARNEY — DIRECTOR
  • JOAN G RALL — DIRECTOR
  • MARCIA BALISCIANO — DIRECTOR
  • OLIVER F WILLIAMS — DIRECTOR
  • SIR MARK MOODY-STUART — CHAIRMAN
relationships · 2

Who they work with

  • UN Global Compact Office Partner — Fundraising partner; supports the work of the UN Global Compact Office.
  • United Nations Global Compact Office Government — Collaborates under a Memorandum of Understanding to coordinate fundraising, receive updates on activities, attend meetings, and ensure appropriate recognition and monitoring.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.