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Globalworks Foundation

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

EIN: 522341571 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Globalworks Foundation?

The Globalworks Foundation, based in Washington D.C., is a nonprofit organization with a mission to enhance the living conditions in impoverished communities worldwide. By fostering innovative cooperations with leaders from developing countries, NGOs, and businesses, Globalworks aims to stimulate economic growth and security in underdeveloped regions. Their initiatives encompass organizing global forums to address issues related to globalization and promote sustainable development. The foundation collaborates with various stakeholders, including NGOs, educational institutions, the business sector, and social innovators, to undertake civil society projects. In essence, Globalworks Foundation seeks to improve the quality of life in poor communities globally.


Official website here: www.globalworksfoundation.org

Is Globalworks Foundation legitimate?

Globalworks Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Globalworks 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: $0

For more financial information, click here


Official website here: www.globalworksfoundation.org

What is the mission statement of Globalworks Foundation?

The Globalworks Foundation's mission is centered around enhancing the quality of life in impoverished communities worldwide. They achieve this objective by orchestrating projects that address issues stemming from globalization. The organization plays a pivotal role in bridging the gap between various sectors, including NGOs, educational institutions, the business community, and social innovators, to foster collaborations in civil society projects. One of their initiatives, the Trade Aid and Security Coalitions, aims to establish innovative partnerships with leaders from developing countries, NGOs, and businesses. These collaborations are instrumental in promoting economic development and security in underprivileged regions, as well as hosting global forums.


Official website here: www.globalworksfoundation.org

Who is the CEO of Globalworks Foundation?

Claude Fontheim is the Chairman/Director of Globalworks Foundation.


Official website here: www.globalworksfoundation.org

What is the revenue of Globalworks Foundation?

Globalworks Foundation's revenue in 2022 was $326,000.


Official website here: www.globalworksfoundation.org

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


Here are 3 key members and their salaries:


Claude Fontheim (Chairman/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Holly Hammonds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Wallack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.globalworksfoundation.org

Where can I find the form 990 for Globalworks Foundation?

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


Official website here: www.globalworksfoundation.org

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

Mission Statement of Globalworks Foundation

Globalworks Foundation, a notable non-profit organization, is dedicated to enhancing the lives of people living in impoverished communities worldwide. Their mission lies in addressing challenges related to globalization through various projects. Globalworks serves as a platform, bringing together non-governmental organizations (NGOs), educational institutions, the business community, and social innovators to collaborate in civil society projects. Their objective is to promote economic development and security in underdeveloped regions, fostering innovative partnerships with leaders from developing countries, NGOs, and businesses. These collaborations aim to combat income inequality and contribute to global development, with a focus on national security. Globalworks Foundation is committed to making a significant impact on the quality of life in impoverished communities across the globe.

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Impact




October, 2024

Globalworks Foundation significantly enhances the quality of life in impoverished communities worldwide by implementing projects tailored to tackle the challenges brought forth by globalization. By fostering innovative partnerships among developing country leaders, NGOs, and businesses, it addresses pressing issues related to economic development and security.

Key initiatives include forming coalitions focused on trade aid and national security, which promote sustainable progress in less affluent regions. Through global forums and collaborative efforts, the foundation not only addresses income inequality but also encourages holistic approaches to development. By integrating various sectors—education, business, and social innovation—Globalworks Foundation effectively mobilizes resources and expertise to uplift communities and create lasting change.




This information is meant to be a general summary of Globalworks 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
$326,000 (2022)
Expenses
$168,549 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $326,000

Assets and Liabilities:

  • Total Assets: $539,792
  • Total Liabilities: $301,582
  • Net Assets: $238,210

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Organization Details

Founding Year

2001

Principal Officer

Claude Fontheim

Main Address

888 17th Street NW Suite 1200, Washington, DC, 20006

NTEE Category

Code: Q02 - International

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