Overview
What is Global Solidarity Fund?
The Global Solidarity Fund is a collaborative initiative of various organizations dedicated to promoting integrated human development. Their work primarily focuses on empowering women, families, and improving health care. Strategically, they have four main pillars: global health, capacity building, support for displaced individuals, particularly family and child protection, and entrepreneurship/job creation, with a strong emphasis on creating economic opportunities for women and girls. Their ultimate goal is to foster a transformed world where everyone can flourish, with equal access to social, economic, and health opportunities, while respecting their human dignity.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating)
The Global Solidarity Fund has achieved a commendable Four-Star rating from Charity Navigator, reflecting its high marks in accountability and finance. With a score of 95, the organization demonstrates strong fiscal practices, including a significant program expense ratio of 71.11%, indicating that a large portion of its funds is directed towards its mission.
One of the strengths of the Global Solidarity Fund is its governance, with 88% independent board members, showcasing a commitment to transparency and accountability. The organization has robust policies in place, including a conflict of interest policy and a whistleblower policy, both of which contribute to its credibility and ethical management. Additionally, the absence of any material diversion of assets and sound financial health, illustrated by a liabilities to assets ratio of 12.40%, further enhances its standing.
While the organization's financial metrics are strong, it is essential for potential donors and stakeholders to consider the overall impact of its programs and outreach efforts, which are not detailed in the financial scores alone. Nonetheless, the Global Solidarity Fund appears to be a reliable choice for those looking to contribute to a nonprofit with a solid track record in financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Global Solidarity Fund legitimate?
Global Solidarity Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Solidarity 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: $584,087
Professional Fundraising Fees: $477,127
Other Salaries and Wages: $356,598
For more financial information, click here
What is the mission statement of Global Solidarity Fund?
The Global Solidarity Fund (GSF) is a unique collaboration of organizations dedicated to promoting integral human development. Their mission is to foster systemic change at the grassroots level, unlocking social and economic opportunities for the poor and vulnerable. This is achieved by activating and linking Catholic networks, like-minded entities, and global actors, aligning their actions with Catholic Social Teaching and the Global Goals. The goal is to create a transformed world where all individuals can flourish, with access to social and economic opportunities and a life free from degradation, with their essential human dignity fully respected.
Who is the CEO of Global Solidarity Fund?
Tim Welsh is the Executive Dir.(Thru 10/28/22) of Global Solidarity Fund.
What is the revenue of Global Solidarity Fund?
Global Solidarity Fund's revenue in 2022 was $3,912,854.
Who are the executives of Global Solidarity Fund and what are their salaries?
There 9 volunteers at Global Solidarity Fund.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Global Solidarity Fund?
Global Solidarity Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Global Solidarity Fund
The Global Solidarity Fund, a distinctive collaboration of organizations dedicated to integral human development, strives for a transformed world where every individual thrives with access to social and economic opportunities. This mission is rooted in respecting the essential human dignity of all people, enabling them to lead healthy lives. The Global Solidarity Fund, through its unique partnership, seeks to instigate systemic change at the grassroots level. By activating and linking Catholic networks, like-minded entities, and global actors, the organization aligns its efforts with Catholic social teaching and the Global Goals, thereby unlocking social and economic opportunities for the impoverished and vulnerable. This holistic approach empowers the marginalized, allowing them to seize opportunities and improve their lives.
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Impact
July, 2024
The Global Solidarity Fund's impact is seen in its commitment to creating systemic change at the grassroots level, aiming to unlock social and economic opportunities for the poor and vulnerable. Through activating and linking Catholic networks and like-minded entities, the Global Solidarity Fund focuses on promoting integral human development by empowering individuals to flourish, have access to opportunities, and lead healthy lives while fully respecting their essential human dignity. The Fund's strategic pillars of work - global health, capacity building, support for displaced people, and entrepreneurship/job creation - highlight its dedication to addressing critical issues such as noncommunicable diseases, family and child protection, and economic opportunities for women and girls. The Fund's mission reflects a strong alignment with Catholic social teaching and global development goals, making a significant impact on international efforts to promote social justice and transformation.
This information is meant to be a general summary of Global Solidarity 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.
- Gross Receipts: $3,912,854
Assets and Liabilities:
- Total Assets: $8,261,148
- Total Liabilities: $1,025,037
- Net Assets: $7,236,111
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Organization Details
Founding Year
2018
Phone
(800) 836-4620Principal Officer
Tim Welsh
Main Address
1199 N Fairfax Street Suite 300, Alexandria, VA, 22314
NTEE Category
Code: Q42 - International
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