Overview
What is Global Good Fund?
Global Good Fund is a nonprofit organization situated in Glenwood, Maryland, specifically at 3066 Hobbs Road. Their primary mission is to support and boost young, high-potential social entrepreneurs worldwide. The organization offers a comprehensive 15-month fellowship program that includes leadership assessment tools, executive coaching, leadership development planning, an annual summit, mentorship, networking opportunities, and staff support services. Over the years, this program has cultivated 105 emerging leaders, who are now making significant strides in social impact across 30 countries and beyond. The organization's mission is to accelerate the development of these young leaders, ultimately aiming to generate substantial global good daily, creating a strong, sustainable worldwide community.
Official website here: www.globalgoodfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
The Global Good Fund has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With an impressive 90% score in Accountability & Finance, the organization demonstrates effective governance practices, including a fully independent board and robust financial oversight. The organization has shown no material diversion of assets and has excellent ratios for program expenses and fundraising efficiency.
In addition to its financial strengths, the Global Good Fund also scores well in culture and community, achieving an 85% rating in this area. This indicates a thoughtful approach to equity strategies and a commitment to fostering a positive organizational culture. The nonprofit's comprehensive policies, including those for conflicts of interest and whistleblower protections, further underscore its dedication to ethical practices.
While the ratings are strong, no specific limitations were noted in the data. Overall, the Global Good Fund stands out for its effective use of resources and commitment to transparency, making it a solid choice for potential donors looking to support impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Global Good Fund legitimate?
Global Good Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Good 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: $303,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $416,801
For more financial information, click here
Official website here: www.globalgoodfund.org
What is the mission statement of Global Good Fund?
The Global Good Fund's mission is to foster the growth of high-potential young leaders, aiming to generate significant social impact. Through their fellowship program, they provide resources and support, including leadership assessment tools, executive coaching, mentorship, networking opportunities, and staff assistance. This 15-month program has developed 105 leaders since its inception in 2013, who are now making a positive impact in 30 countries worldwide. By nurturing this community, the Global Good Fund contributes to the creation of a more beneficial global environment daily.
Official website here: www.globalgoodfund.org
Who is the CEO of Global Good Fund?
Carrie Rich is the Director Ceo President of Global Good Fund. The CEO's salary of Global Good Fund is $303,000 and their total compensation is $312,750.
Official website here: www.globalgoodfund.org
What is the revenue of Global Good Fund?
Global Good Fund's revenue in 2022 was $2,040,385.
Official website here: www.globalgoodfund.org
Who are the executives of Global Good Fund and what are their salaries?
The average compensation at Global Good Fund during 2022 was $143,960. There are 5 employees and 75 volunteers at Global Good Fund.
Here are 10 key members and their salaries (Global Good Fund's CEO's salary is $303,000 and their total compensation is $312,750):
- Compensation: $303,000
- Related: $0
- Other: $9,750
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.globalgoodfund.org
Where can I find the form 990 for Global Good Fund?
Global Good Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.globalgoodfund.org
Learn more at the official website: www.globalgoodfund.org
Mission Statement of Global Good Fund
Global Good Fund, a notable organization, is committed to accelerating the growth of high-potential young leaders aiming to create substantial social impact. By offering a comprehensive fellowship program, Global Good Fund equips these young entrepreneurs with essential resources and tools. The program lasts for fifteen months and encompasses leadership assessment tools, executive coaching services, leadership development planning, annual summits, mentorship opportunities, networking events, and ongoing staff support services. Since its inception in 2013, Global Good Fund has successfully developed 105 leaders who are now making strides in their enterprises, contributing to positive change in 30 countries worldwide. As a result, Global Good Fund fosters a robust and sustainable international community, continually generating more global good daily.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Global Good Fund's impact can be seen in the development of 105 high-potential young leaders who are now accelerating their enterprise growth in 30 countries and beyond. By providing resources such as leadership assessment tools, executive coaching services, mentorship, and networking opportunities through a 15-month fellowship program, Global Good Fund is building a strong and sustainable community around the world to generate more global good every day.
This information is meant to be a general summary of Global Good 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $37,803
- Program Service Revenue: $549,632
- Gross Receipts: $2,059,276
Assets and Liabilities:
- Total Assets: $1,426,602
- Total Liabilities: $309,204
- Net Assets: $1,117,398
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Leadership Services
Revenue
$549,632
Organization Details
Founding Year
2013
Principal Officer
Carrie Rich
Main Address
3066 Hobbs Road, Glenwood, MD, 21738
Website
www.globalgoodfund.orgNTEE Category
Code: W70 - Public benefit
If you are a representative of Global Good Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.