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Fund For The Global Fund

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

EIN: 275273239 ✦ Sperryville, VA ✦ Designated as a 501(c)(3)

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Overview

What is Fund For The Global Fund?

The Fund for the Global Fund is a nonprofit organization committed to supporting the Global Fund to combat three of the world's deadliest infectious diseases - HIV, tuberculosis, and malaria. Based in Sperryville, Virginia, their efforts have collectively saved over 50 million lives. Through their initiatives, they have provided antiretroviral therapy for HIV to more than 23.3 million people, offered tuberculosis testing and treatment to 27.4 million individuals, and distributed insecticide-treated nets to protect against malaria for over 1.116 billion people. The organization encourages individuals, corporations, foundations, and donor governments to contribute to the Global Fund's international mission.


Official website here: www.fundforthefund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 70%, earning a Two-Star out of Four Star rating.

The Fund for the Global Fund has received a moderate rating of 70%, indicating a range of strengths and weaknesses in its operations. The organization demonstrates solid governance practices, highlighted by a fully independent board and strong financial oversight, with no material diversion of assets reported. Additionally, the high program expense ratio reflects a commitment to channeling funds primarily towards its mission.

However, the organization faces significant challenges in financial stability, as evidenced by its liabilities to assets ratio and a very low working capital ratio, which raise concerns about its ability to sustain operations in the long term. The absence of a whistleblower policy is another notable limitation, which could impact transparency and accountability.

Overall, while the Fund for the Global Fund shows strengths in program expenditure and governance, its financial ratios suggest a need for improvement in sustainability and operational resilience. Potential donors may want to consider these factors when evaluating their support.


This AI summary has been generated from information found on Charity Navigator.

Is Fund For The Global Fund legitimate?

Fund For The Global Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For The Global Fund 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: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fundforthefund.org

What is the mission statement of Fund For The Global Fund?

The Fund For The Global Fund is on a mission to encourage individuals, corporations, foundations, and donor governments to support the Global Fund, an international foundation dedicated to ending three of the world's deadliest infectious diseases: AIDS, tuberculosis, and malaria. By sponsoring this organization, funds are collected to help save lives through various programs. The Global Fund's initiatives have collectively contributed to the survival of 50 million lives, providing antiretroviral therapy for HIV to over 23.3 million people, offering tuberculosis testing and treatment to 27.4 million individuals, and distributing 1.116 billion insecticide-treated nets to prevent malaria.


Official website here: www.fundforthefund.org

Who is the CEO of Fund For The Global Fund?

Todd Summers is the President of Fund For The Global Fund.


Official website here: www.fundforthefund.org

What is the revenue of Fund For The Global Fund?

Fund For The Global Fund's revenue in 2022 was $16,899,289.


Official website here: www.fundforthefund.org

Who are the executives of Fund For The Global Fund and what are their salaries?

There 6 volunteers at Fund For The Global Fund.


Here are 7 key members and their salaries:


Todd Summers (President)
  • Compensation: $36,000
  • Related: $0
  • Other: $0
Richard Parnell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francoise Vanni (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Sol Pintos Castro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katja Roll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaun Mellors (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Van Rooijen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fundforthefund.org

Where can I find the form 990 for Fund For The Global Fund?

Fund For The Global Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fundforthefund.org

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

Mission Statement of Fund For The Global Fund

The Fund for the Global Fund, a notable organization, is dedicated to encouraging support for the Global Fund, an international foundation committed to ending three of the world's deadliest infectious diseases: AIDS, tuberculosis, and malaria. By rallying individuals, corporations, foundations, and donor governments, this entity plays a crucial role in advocating for resources to combat these global health issues.

The Global Fund's programs have yielded remarkable results, saving an estimated 50 million lives, providing antiretroviral therapy for HIV to over 23 million people, and distributing insecticide-treated nets to protect against malaria to 1.116 billion individuals. Through its unwavering efforts, the Global Fund has made significant strides in the fight against these diseases, demonstrating its impact on a global scale.

In essence, the Fund for the Global Fund serves as a powerful catalyst, mobilizing financial and political commitments to ensure the Global Fund's mission remains at the forefront of global health initiatives. By fostering partnerships and fostering a collective sense of responsibility, this organization continues to make a lasting difference in the lives of millions around the world.

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Impact




October, 2024

Fund For The Global Fund plays a crucial role in supporting the Global Fund to Fight AIDS, Tuberculosis, and Malaria. Through its initiatives, it has been instrumental in saving approximately 50 million lives globally. The efforts have placed 23.3 million people on antiretroviral therapy for HIV, significantly improving their health outcomes. Additionally, it has facilitated tuberculosis testing and treatment for 27.4 million individuals, showcasing a strong commitment to combating this deadly disease. Beyond this, over 1.116 billion insecticide-treated nets have been distributed to protect populations at risk of malaria, demonstrating an impactful response to one of the world's most pressing health challenges. By encouraging support from individuals, corporations, foundations, and donor governments, Fund For The Global Fund amplifies the fight against these infectious diseases, contributing to a healthier future for all.




This information is meant to be a general summary of Fund For The Global Fund. 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
$16,899,289 (2022)
Expenses
$17,290,242 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36
  • Gross Receipts: $16,899,289

Assets and Liabilities:

  • Total Assets: $19,552,273
  • Total Liabilities: $17,665,339
  • Net Assets: $1,886,934

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Organization Details

Founding Year

2010

Principal Officer

Todd Summers

Main Address

PO BOX 500, SPERRYVILLE, VA, 22740

NTEE Category

Code: P12 - Human services

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