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Bancroft Global Development

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

EIN: 541955545 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Bancroft Global Development?

Bancroft Global Development is a humanitarian organization based in Washington, D.C. Their mission is to deliver lasting solutions to the economic, environmental, and social damage inflicted by armed conflict and the explosive remnants of war. Specifically, they have assisted over 70,000 Afghan citizens who collaborated with NATO or the United States government. Their aid includes helping these individuals obtain healthcare, travel documents, and safe passage to neutral countries for resettlement.


Official website here: www.bancroftglobal.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Bancroft Global Development has received a Three-Star rating from Charity Navigator, indicating a relatively strong performance, particularly in the areas of accountability and finance. The overall score reflects a solid commitment to financial stewardship, with a program expense ratio of 98.17%, showing that the vast majority of funds are directed towards its mission-driven programs. The organization boasts an independent board, with 66% of its members being independent, which enhances its governance.

While the nonprofit's financial oversight appears robust, there is a notable concern regarding its liabilities compared to assets, receiving only 2 out of 15 points in that category. This suggests that while the organization effectively manages its expenses, it may face challenges related to debt management or asset utilization. However, it has strong policies in place, including a whistleblower policy and conflict of interest guidelines, which foster a culture of transparency and ethical governance.

Overall, Bancroft Global Development demonstrates a commendable level of accountability, backed by rigorous financial practices. Though there are areas for improvement, particularly in managing liabilities, the organization's solid program funding and governance structure indicate a commitment to its mission and responsible resource management.


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

Is Bancroft Global Development legitimate?

Bancroft Global Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bancroft Global Development 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.bancroftglobal.org

What is the mission statement of Bancroft Global Development?

Bancroft Global Development is dedicated to providing enduring solutions to the economic, environmental, and societal damage brought about by armed conflict and the explosive remnants of war. Their mission is to alleviate harm and promote lasting improvements in affected communities. Through their humanitarian assistance and noncombatant evacuation operations, Bancroft Global Development has helped over 70,000 Afghans who had collaborated with NATO or the US government to secure healthcare, travel documents, and safe passage to neutral countries for permanent resettlement.


Official website here: www.bancroftglobal.org

Who is the CEO of Bancroft Global Development?

Gregory Joachim is the Secretary & Executive Dire of Bancroft Global Development.


Official website here: www.bancroftglobal.org

What is the revenue of Bancroft Global Development?

Bancroft Global Development's revenue in 2022 was $189,000,727.


Official website here: www.bancroftglobal.org

Who are the executives of Bancroft Global Development and what are their salaries?

There 4 volunteers at Bancroft Global Development.


Here are 5 key members and their salaries:


Michael Stock (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Joachim (Secretary & Executive Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Walters (Board Member - Until 08/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Krongard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Bowman (Controller)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bancroftglobal.org

Where can I find the form 990 for Bancroft Global Development?

Bancroft Global Development's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bancroftglobal.org

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

Mission Statement of Bancroft Global Development

Bancroft Global Development, a humanitarian organization, is dedicated to delivering permanent solutions to the economic, environmental, and societal harm caused by armed conflict and the explosive remnants of war. In simple terms, they strive to mitigate the long-term consequences of war and conflict. The organization's mission is multifaceted, focusing on the provision of essential services and safe passage to those affected by armed conflict.

Bancroft Global Development has made a significant impact by offering humanitarian assistance and noncombatant evacuation operations. Their efforts have helped over 70,000 Afghan citizens who had collaborated with NATO or the United States government. These individuals were granted access to crucial healthcare services, travel documents, and safe passage to neutral countries for permanent resettlement. By providing these essential resources, Bancroft Global Development has given these individuals a chance at a new beginning, away from the turmoil and danger of their war-torn homeland. The organization's unwavering commitment to helping those in need demonstrates its importance in bringing permanent solutions to the issues caused by armed conflict and the destructive remnants of war.

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Impact




October, 2024

Bancroft Global Development addresses the profound consequences of armed conflict and the lingering threat of explosive remnants of war. Focused on delivering sustainable solutions to economic, environmental, and societal challenges, the organization has played a crucial role in humanitarian assistance and noncombatant evacuation operations. Notably, it has helped over 70,000 Afghan citizens who collaborated with NATO or the United States government. This support included facilitating access to healthcare, securing essential travel documents, and ensuring safe passage to neutral countries for subsequent resettlement. Through its efforts, Bancroft Global Development significantly contributes to rebuilding lives and communities affected by war.




This information is meant to be a general summary of Bancroft Global Development. 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
$189,000,727 (2022)
Expenses
$179,916,093 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $171,176,944
  • Gross Receipts: $189,000,727

Assets and Liabilities:

  • Total Assets: $53,710,745
  • Total Liabilities: $36,172,518
  • Net Assets: $17,538,227

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HUMANTARIAN EVACUATION SERVICES

Revenue

$171,176,944

Organization Details

Founding Year

1999

Principal Officer

Gregory Joachim

Main Address

750 17TH STREET NW SUITE 1100, WASHINGTON, DC, 20006

NTEE Category

Code: Q41 - International

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