Overview
What is Global Recovery Initiatives Foundation?
Global Recovery Initiatives Foundation is a public foundation situated in Bethesda, Maryland, focusing on promoting private philanthropy and government spending to bolster the infrastructure and capabilities of community-based organizations offering evidence-based recovery support services for Substance Abuse Disorder (SUD). In conjunction with Fors Marsh Group, the foundation organized the 2022 Research Summit, a virtual event that attracted over 200 influential leaders from various sectors, including federal, state, philanthropic, and recovery advocacy organizations. The summit aimed to identify and establish national priorities in the field of recovery research. The foundation's mission is to enhance the overall impact of organizations dedicated to helping individuals recover from SUD.
Official website here: www.globalrecoveryinitiatives.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star Rating.
Global Recovery Initiatives Foundation has achieved a high rating, indicative of strong accountability and financial health. The organization scored 93% overall, with the assessment based solely on its Accountability & Finance metrics. This reflects the charity's commitment to transparency and effective management of resources, showcasing its reliability to donors and stakeholders.
The foundation demonstrates a robust governance structure, with a fully independent board of directors and no material diversion of assets. Additionally, the organization maintains a clear conflict of interest policy and has documented board meeting minutes available, which further strengthens its credibility. However, it does lack a whistleblower policy, a notable area for improvement.
Financially, the organization shows a healthy balance with a low liabilities-to-assets ratio and a strong program expense ratio of 78.76%, indicating a significant portion of its funds is directed toward its mission. Overall, Global Recovery Initiatives Foundation appears to be a well-managed nonprofit with a solid commitment to its financial responsibilities and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Global Recovery Initiatives Foundation legitimate?
Global Recovery Initiatives Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Recovery Initiatives 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.
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Official website here: www.globalrecoveryinitiatives.org
What is the mission statement of Global Recovery Initiatives Foundation?
The Global Recovery Initiatives Foundation's mission is centered around fostering private philanthropy and encouraging increased government spending to bolster the necessary infrastructure and capacity of community-based organizations. These organizations provide evidence-based recovery support services for individuals battling Substance Use Disorder (SUD). The foundation organizes events like the Research Summit, aiming to identify challenges and opportunities in the field of SUD recovery, with the ultimate goal of establishing national priorities in recovery research.
Official website here: www.globalrecoveryinitiatives.org
Who is the CEO of Global Recovery Initiatives Foundation?
Matt Escoubas is the Director of Global Recovery Initiatives Foundation.
Official website here: www.globalrecoveryinitiatives.org
What is the revenue of Global Recovery Initiatives Foundation?
Global Recovery Initiatives Foundation's revenue in 2022 was $16,623.
Official website here: www.globalrecoveryinitiatives.org
Who are the executives of Global Recovery Initiatives Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.globalrecoveryinitiatives.org
Where can I find the form 990 for Global Recovery Initiatives Foundation?
Global Recovery Initiatives Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.globalrecoveryinitiatives.org
Learn more at the official website: www.globalrecoveryinitiatives.org
Mission Statement of Global Recovery Initiatives Foundation
The Global Recovery Initiatives Foundation is a public entity dedicated to encouraging and boosting private philanthropy and government spending in the realm of community-based organizations providing evidence-based recovery support services for individuals battling Substance Abuse Disorder (SUD). Their primary mission is to bolster the infrastructure and capacity of these organizations, ensuring they have the necessary resources to effectively support those in recovery. The foundation accomplishes this goal by fostering partnerships and collaborations within the field, ultimately aiming to enhance the overall recovery efforts and outcomes for individuals struggling with SUD.
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Impact
August, 2024
The Global Recovery Initiatives Foundation has had a significant impact in the field of substance abuse disorder (SUD) recovery. In collaboration with the Fors Marsh Group, they hosted a virtual 2022 Research Summit that brought together over 200 leaders from various sectors to address the challenges and opportunities in SUD recovery. The summit aimed to develop national priorities for research in the field of recovery. Through their efforts, they have worked towards encouraging and increasing funding for community-based organizations providing science-based recovery support services for SUD.
This information is meant to be a general summary of Global Recovery Initiatives 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $16,623
Assets and Liabilities:
- Total Assets: $5,304
- Total Liabilities: $107,414
- Net Assets: -$102,110
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Organization Details
Founding Year
2003
Phone
(651) 335-3988Principal Officer
Matt Escoubas
Main Address
5908 Woodacres Drive, Bethesda, MD, 20817
NTEE Category
Code: B25 - Education
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