Overview
What is Global Distribution Fund Inc D-Prize?
Global Distribution Fund Inc., commonly known as D-Prize, is a nonprofit organization situated in San Francisco, California. With a modest team of three individuals, D-Prize is committed to enhancing access to effective poverty solutions in developing countries. They achieve this by providing funding to approximately 30 innovative startup organizations operating in around 15 different nations. The primary objective of D-Prize is to discover ways to distribute proven poverty intervention strategies on a large scale, thereby reaching out to billions of individuals in need. The organization supports new organizations and individuals who are dedicated to distributing proven solutions to combat poverty.
Official website here: www.d-prize.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Stars
Global Distribution Fund Inc D-Prize has earned an 81% rating from Charity Navigator, which designates it as a Three-Star charity. This score is derived solely from the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible management of its resources. The charity's high score indicates a strong performance in financial accountability and governance practices.
The organization showcases a robust independent board, with a full complement of members (100% independent), which contributes to its effective oversight. Moreover, D-Prize has established comprehensive policies regarding conflicts of interest and whistleblower protections, ensuring ethical operations. The charity has also maintained a favorable liabilities to assets ratio of 0.27%, signaling financial stability.
While the organization demonstrates a solid program expense ratio of 71.45%, indicating a significant portion of funds directed toward its mission, potential donors may want to keep in mind that the overall evaluation is based exclusively on financial metrics. This focus may limit insights into programmatic effectiveness and overall impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Global Distribution Fund Inc D-Prize?
100% of 20 reviewers on Facebook recommend D-Prize. Here's a summary of their insights:
Many participants are enthusiastic about the opportunity to engage with global poverty alleviation efforts through D-Prize. They appreciate the organization’s focus on encouraging innovative solutions to distribution challenges in developing countries. Reviewers highlight the empowering aspect of the competition, noting that it inspires leaders to take bold actions and create impactful ventures.
Overall, the sentiment is overwhelmingly positive, with reviewers feeling motivated and supported in their endeavors. The call to action for potential applicants resonates well, showcasing the organization’s commitment to addressing critical issues related to global poverty.
This AI summary has been generated from reviews found on Facebook.
Is Global Distribution Fund Inc D-Prize legitimate?
Global Distribution Fund Inc D-Prize is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Distribution Fund Inc D-Prize 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: $130,000
Professional Fundraising Fees: $199
Other Salaries and Wages: $123,641
For more financial information, click here
Official website here: www.d-prize.org/
What is the mission statement of Global Distribution Fund Inc D-Prize?
The Global Distribution Fund Inc. D-Prize is committed to increasing access to effective poverty solutions in developing countries. They provide support to new organizations and individuals, helping them distribute proven strategies to billions of people in need. Their mission is to continue finding ways to distribute these interventions on a large scale, ultimately aiming to alleviate poverty on a mass level. Through their funding, they have assisted approximately 30 startup organizations in around 15 different countries.
Official website here: www.d-prize.org/
Who is the CEO of Global Distribution Fund Inc D-Prize?
Nicholas Fusso is the Vice President of Global Distribution Fund Inc D-Prize. The CEO's salary of Global Distribution Fund Inc D-Prize is $0 and their total compensation is $0.
Official website here: www.d-prize.org/
What is the revenue of Global Distribution Fund Inc D-Prize?
Global Distribution Fund Inc D-Prize's revenue in 2022 was $882,454.
Official website here: www.d-prize.org/
Who are the executives of Global Distribution Fund Inc D-Prize and what are their salaries?
The average compensation at Global Distribution Fund Inc D-Prize during 2022 was $84,547. There are 3 employees and 12 volunteers at Global Distribution Fund Inc D-Prize.
Here are 7 key members and their salaries (Global Distribution Fund Inc D-Prize's CEO's salary is $0 and their total compensation is $0):
- Compensation: $130,000
- 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.d-prize.org/
Where can I find the form 990 for Global Distribution Fund Inc D-Prize?
Global Distribution Fund Inc D-Prize's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.d-prize.org/
Learn more at the official website: www.d-prize.org/
Mission Statement of Global Distribution Fund Inc D-Prize
Global Distribution Fund Inc D-Prize is committed to enhancing access to poverty solutions for the billions of individuals residing in developing nations. This nonprofit organization supports new organizations and individuals who are actively disseminating proven solutions to address the myriad challenges faced by these communities. D-Prize's mission is to identify and back these initiatives, aiming to distribute poverty intervention strategies on a large scale. To achieve this objective, the nonprofit has provided funding to approximately thirty diverse startup organizations in around fifteen different countries. By doing so, D-Prize seeks to amplify the reach and impact of these poverty solution innovations, ultimately improving the lives of countless individuals in the developing world.
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Impact
July, 2024
Global Distribution Fund Inc D-Prize has made a significant impact by providing funding to over 30 startup organizations across approximately 15 different countries. These organizations are dedicated to distributing proven poverty solutions to billions of people in need in the developing world. The objective of D-Prize is to continue finding innovative ways to distribute these poverty interventions on a mass scale, ultimately increasing access to essential solutions for those living in poverty.
This information is meant to be a general summary of Global Distribution Fund Inc D-Prize. 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: $882,454
Assets and Liabilities:
- Total Assets: $1,329,228
- Total Liabilities: $10,263
- Net Assets: $1,318,965
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Organization Details
Founding Year
2013
Phone
(415) 475-9024Principal Officer
Nicholas Fusso
Main Address
18 Bartol Street 1099, San Francisco, CA, 94133
Website
www.d-prize.org/NTEE Category
Code: Q32 - International
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