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World Economic Forum

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

EIN: 980459408 ✦ Designated as a 501(c)(6)

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Overview

What is World Economic Forum?

The World Economic Forum is an international organization based in Switzerland, dedicated to fostering public-private cooperation with the goal of improving the global condition. Through various annual meetings, including the renowned event in Davos, the Forum brings together political, business, and other leaders to shape agendas on a global, regional, and industry scale. The organization is renowned for its discussions on pressing global issues.


Official website here: www.weforum.org

Is World Economic Forum legitimate?

World Economic Forum is a legitimate nonprofit organization registered as a 501(c)(6) entity. World Economic Forum 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: $13,983,428
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,060,320

For more financial information, click here


Official website here: www.weforum.org

What is the mission statement of World Economic Forum?

The World Economic Forum is a global organization dedicated to enhancing the world's condition. By fostering collaboration between political and business leaders, this international body works towards shaping critical global, regional, and industry agendas. Annually, the Forum hosts various meetings, including the prestigious annual gathering in Davos, to address pressing global issues. The organization's primary goal is to improve the overall state of the world.


Official website here: www.weforum.org

Who is the CEO of World Economic Forum?

Julien Gattoni is the Founder And Executive Chairman of World Economic Forum.


Official website here: www.weforum.org

What is the revenue of World Economic Forum?

World Economic Forum's revenue in 2022 was $370,416,742.


Official website here: www.weforum.org

Who are the executives of World Economic Forum and what are their salaries?

The average compensation at World Economic Forum during 2022 was $442,966. There are 271 employees and 30 volunteers at World Economic Forum.


Here are 54 key members and their salaries:


Klaus Schwab (Founder And Executive Chairman)
  • Compensation: $1,006,575
  • Related: $0
  • Other: $87,517
Borge Brende (President Of Managing Board)
  • Compensation: $959,076
  • Related: $0
  • Other: $124,076
David Aikman (Chief Rep. Officer Til 8/15/21)
  • Compensation: $889,907
  • Related: $0
  • Other: $71,458
Murat Sonmez (Former Managing Director)
  • Compensation: $927,685
  • Related: $0
  • Other: $17,768
Jeremy Jurgens (Managing Director)
  • Compensation: $730,514
  • Related: $0
  • Other: $90,054
Olivier Schwab (Managing Director)
  • Compensation: $725,136
  • Related: $0
  • Other: $95,432
Sarita Nayyar (Managing Director)
  • Compensation: $744,743
  • Related: $0
  • Other: $59,564
Adrian Monck (Managing Director)
  • Compensation: $655,148
  • Related: $0
  • Other: $138,069
Alois Zwinggi (Managing Director)
  • Compensation: $698,798
  • Related: $0
  • Other: $94,419
Julien Gattoni (Managing Director)
  • Compensation: $706,078
  • Related: $0
  • Other: $87,139
Saadia Zahidi (Managing Director)
  • Compensation: $716,992
  • Related: $0
  • Other: $76,225
Lee Howell (Managing Dir. Til 03/15/22)
  • Compensation: $662,133
  • Related: $0
  • Other: $90,054
Dominic Waughray (Managing Dir. Til 10/17/21)
  • Compensation: $584,793
  • Related: $0
  • Other: $75,671
Paul Smyke (Head Of Regional Agenda - Na)
  • Compensation: $477,199
  • Related: $0
  • Other: $54,689
Marisol Argueta De Barillas (Head Reg. Agenda, Latin Am.)
  • Compensation: $425,687
  • Related: $0
  • Other: $71,988
Emma Benameur (Head Of Impact & Engagement)
  • Compensation: $410,324
  • Related: $0
  • Other: $87,049
Roberto Bocca (Head Future Energy & Material)
  • Compensation: $397,631
  • Related: $0
  • Other: $84,934
Matthew Blake (Head Shaping Fut. Fin. Syst.)
  • Compensation: $414,634
  • Related: $0
  • Other: $65,326
Makiko Eda (Chief Rep. Officer, Japan)
  • Compensation: $442,845
  • Related: $0
  • Other: $15,343
Stephan Ruiz (Head Group Control,Finance,Opp)
  • Compensation: $385,916
  • Related: $0
  • Other: $71,898
Mel Rogers (Head Of Strategic Affairs)
  • Compensation: $362,703
  • Related: $0
  • Other: $45,691
Richard Samans (Former Managing Director)
  • Compensation: $161,538
  • Related: $0
  • Other: $0
Mukesh D Ambani (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc R Benioff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Brabeck-Letmathe (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Carney (Board Member Til 08/26/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Orit Gadiesh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Gore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herman Gref (Board Member Til 03/03/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angel Gurria (Board Member Til 10/12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Lagarde (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Maurer (Board Member Til 08/26/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Min Zhu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Alberto Moreno (Board Member Til 08/26/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hm Queen Rania Al Abdullah (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hagemann Snabe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heizo Takenaka (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yo-Yo Ma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
L Rafael Reif (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre S Hoffmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rubenstein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chrystia Freeland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fabiola Gianotti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Feike Sybesma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristalina Georgieva (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurence Fink (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schneider (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrice Motsepe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tharman Shanmugaratnam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Sweet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Ingabire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Buberl (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Kaeser (Board Member As Of 01/21/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ngozi Okonjo-Iweala (Board Member As Of 11/12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.weforum.org

Where can I find the form 990 for World Economic Forum?

World Economic Forum's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.weforum.org

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

Mission Statement of World Economic Forum

The World Economic Forum, headquartered internationally, is a renowned organization dedicated to enhancing the global condition. With a mission to bring together political, business, and other leaders, this forum shapes the agendas of various industries, regions, and the world at large. Committed to improving the state of the world, the World Economic Forum serves as a platform for discussions on pressing global issues.

Annually, this esteemed organization hosts a series of meetings, including the internationally acclaimed annual meeting in Davos. These gatherings provide opportunities for leaders to engage in critical discussions and collaborations. The Forum's annual meeting in Davos is recognized as a premier event for addressing significant global concerns.

The World Economic Forum is known for its international presence and influence. By engaging with political, business, and other leaders, the organization contributes to shaping global, regional, and industry agendas. Its commitment to enhancing the global condition sets it apart as a significant player in the international landscape.

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Impact



October, 2024

The World Economic Forum significantly influences global, regional, and industry agendas through its role as a platform for public-private cooperation. By bringing together political, business, and societal leaders, it fosters dialogue on pressing issues such as economic stability, environmental sustainability, and technological innovation.

The Forum's annual meeting in Davos is particularly noteworthy, attracting influential figures from around the world to discuss and address critical challenges, thereby shaping policy and strategic decisions on a global scale. Additionally, the Forum organizes regional meetings and thematic events, expanding its impact beyond Davos to foster collaboration across various sectors and cultures.

Through initiatives and expert groups, the Forum promotes innovative solutions and best practices, facilitating partnerships that drive meaningful change. By serving as a connector of ideas and resources, the World Economic Forum plays a pivotal role in advancing global cooperation and improving the state of the world.



This information is meant to be a general summary of World Economic Forum. 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
$370,416,742 (2022)
Expenses
$314,980,882 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,726,025
  • Program Service Revenue: $299,125,767
  • Gross Receipts: $527,543,209

Assets and Liabilities:

  • Total Assets: $768,372,322
  • Total Liabilities: $341,416,253
  • Net Assets: $426,956,069

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Programs

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

MEMBERSHIPS

Revenue

$11,786,897

PARTICIPATION FEES

Revenue

$30,042,868

PARTNERSHIPS

Revenue

$257,296,002

Organization Details

Founding Year

1971

Phone

0228691212

Principal Officer

Julien Gattoni

Website

www.weforum.org

NTEE Category

Code: Q05 - International

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