Gbta Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133505379 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is Gbta Foundation?

The Gbta Foundation, based in Alexandria, Virginia, is a nonprofit organization committed to promoting sustainability in the global business travel sector. Recognizing the challenge of reducing carbon emissions, the foundation fosters cross-industry collaboration between travel service providers and users, including aviation, hospitality, ground transport, and distribution, to deploy solutions that manage and lessen carbon emissions from travel. Their initiatives encompass capacity building, industry collaboration, and advocacy. The foundation has garnered support from 300 participants at its inaugural sustainability summit in Brussels and recorded significant engagement with its sustainability toolkit and report. Their mission is to drive positive change for both people and the planet through business travel.


Official website here: www.gbtafoundation.org

Is Gbta Foundation legitimate?

Gbta Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gbta Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $615,000

For more financial information, click here


Official website here: www.gbtafoundation.org

What is the mission statement of Gbta Foundation?

The Gbta Foundation's mission is to drive positive change for people and the planet through business travel. Established to catalyze action in the global business travel industry, the foundation aims to create a better future by fostering sustainability, inclusion, and equity in business travel. Their sustainability initiative program focuses on reducing carbon emissions in the business travel sector, collaborating with various corporate travel service providers to deploy solutions that manage and reduce carbon emissions. The foundation's core areas of work include capacity building, industry collaboration, and advocacy. The Gbta Foundation has shown significant engagement, with 300 participants at its inaugural sustainability summit in Brussels and over 3,669 unique views of its 2022 state of sustainability report.


Official website here: www.gbtafoundation.org

Who is the CEO of Gbta Foundation?

Suzanne Neufang is the Trustee/Gbta Ceo of Gbta Foundation. The CEO's salary of Gbta Foundation is $0 and their total compensation is $564,609.


Official website here: www.gbtafoundation.org

What is the revenue of Gbta Foundation?

Gbta Foundation's revenue in 2022 was $1,238,843.


Official website here: www.gbtafoundation.org

Who are the executives of Gbta Foundation and what are their salaries?

There 62 volunteers at Gbta Foundation.


Here are 11 key members and their salaries (Gbta Foundation's CEO's salary is $0 and their total compensation is $564,609):


Paul Abbott (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Andrews (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Gordon (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Kirby (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darragh Ormsby (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyronne Stoudemire (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Strachan (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Truso (Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delphine Millot (Svp, Sustainability & Md Foundation)
  • Compensation: $0
  • Related: $219,844
  • Other: $23,819
Suzanne Neufang (Trustee/Gbta Ceo)
  • Compensation: $0
  • Related: $513,821
  • Other: $50,788
Hema Shah (Gbta Cfo & Evp Strategy)
  • Compensation: $0
  • Related: $336,358
  • Other: $34,713


Official website here: www.gbtafoundation.org

Where can I find the form 990 for Gbta Foundation?

Gbta Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gbtafoundation.org

Learn more at the official website: www.gbtafoundation.org

Mission Statement of Gbta Foundation

The Gbta Foundation, established with a mission to catalyze action in the global business travel industry, aims to drive positive change for people and the planet. Its objective is to foster sustainability, inclusion, and equity in business travel, recognizing the significant role this sector plays in environmental challenges and societal issues. The foundation works towards reducing carbon emissions from business travel, a crucial task for the industry, by encouraging cross-industry collaboration between corporate travel service providers such as aviation, hospitality, ground transport, travel management, and distribution. The Gbta Foundation's core areas of work include capacity building, industry collaboration, and advocacy, with notable initiatives like the Sustainability Summit and the launch of the Sustainability Toolkit and State of Sustainability Report.

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Impact




October, 2024

The Gbta Foundation has a significant impact on community improvement through its dedicated efforts in enhancing the travel and business industries. By focusing on research, education, and advocacy, the foundation addresses the evolving needs of the global travel community. It fosters collaboration among professionals and organizations, offering resources that empower members to adapt to changing market dynamics and consumer expectations.

Through its initiatives, the Gbta Foundation supports the development of best practices, promotes sustainable travel solutions, and creates networking opportunities that enhance professional growth. This not only helps individuals and organizations thrive but also contributes to the overall advancement of the travel industry, ensuring that it meets both current and future challenges effectively. The foundation’s commitment to innovation and knowledge-sharing plays a crucial role in shaping a better landscape for business travel, ultimately benefiting communities and economies at large.




This information is meant to be a general summary of Gbta Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,238,843 (2022)
Expenses
$1,159,077 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $77,790
  • Gross Receipts: $1,238,843

Assets and Liabilities:

  • Total Assets: $750,584
  • Total Liabilities: $796,429
  • Net Assets: -$45,845

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUSTAINABILITY SUMMIT

Revenue

$45,085

WINIT

Revenue

$32,705

Organization Details

Founding Year

1989

Principal Officer

Suzanne Neufang

Main Address

107 S WEST STREET 762, ALEXANDRIA, VA, 22314

NTEE Category

Code: S41 - Community improvement

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