nonprofit logo

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)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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: $16,065,791
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,730,052

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

What is the revenue of World Economic Forum?

World Economic Forum's revenue in 2024 was $442,492,802.


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 2024 was $517,363. There are 305 employees and 28 volunteers at World Economic Forum.

Here are 49 key members and their salaries:


Borge Brende (President Of Managing Board)
  • Compensation: $1,667,668
  • Related: $0
  • Other: $271,040
Sarita Nayyar (Former Managing Director)
  • Compensation: $1,493,234
  • Related: $0
  • Other: $65,602
Klaus Schwab (Founder And Executive Chairman)
  • Compensation: $1,112,347
  • Related: $0
  • Other: $88,427
Jeremy Jurgens (Managing Director)
  • Compensation: $1,001,112
  • Related: $0
  • Other: $194,412
Adrian Monck (Former Managing Director)
  • Compensation: $834,260
  • Related: $0
  • Other: $193,923
Alois Zwinggi (Managing Director)
  • Compensation: $834,260
  • Related: $0
  • Other: $180,106
Olivier Schwab (Managing Director)
  • Compensation: $834,260
  • Related: $0
  • Other: $174,388
Gim Huay Neo (Managing Director)
  • Compensation: $834,260
  • Related: $0
  • Other: $165,440
Saadia Zahidi (Managing Director)
  • Compensation: $834,260
  • Related: $0
  • Other: $141,773
Julien Gattoni (Managing Director)
  • Compensation: $778,643
  • Related: $0
  • Other: $166,156
Mirek Dusek (Managing Director)
  • Compensation: $782,536
  • Related: $0
  • Other: $133,810
Emma Benameur (Head Of Impact & Engagement)
  • Compensation: $759,784
  • Related: $0
  • Other: $69,053
Roberto Bocca (Head Future Energy & Material)
  • Compensation: $564,349
  • Related: $0
  • Other: $126,081
Shyam Bishen (Head Health & Healthcare)
  • Compensation: $542,437
  • Related: $0
  • Other: $120,678
Nicola Christine Port (Chief Legal Officer)
  • Compensation: $534,512
  • Related: $0
  • Other: $109,199
Matthew Blake (Head Of Centre Fin & Mon Systm)
  • Compensation: $530,238
  • Related: $0
  • Other: $73,925
Mel Rogers (Head Of Strategic Affairs)
  • Compensation: $455,976
  • Related: $0
  • Other: $94,142
Liming Chen (Chief Rep. Officer)
  • Compensation: $526,034
  • Related: $0
  • Other: $0
Stephan Ruiz (Head Group Control,Finance,Opp)
  • Compensation: $439,179
  • Related: $0
  • Other: $81,359
Makiko Eda (Chief Rep. Officer, Japan)
  • Compensation: $330,766
  • Related: $0
  • Other: $11,032
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
Orit Gadiesh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Gore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Lagarde (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Min Zhu (Board Member)
  • 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 Til 04/25/23)
  • 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)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lubna S Olayan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ajay S Banga (Board Member As Of 10/06/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ngozi Okonjo-Iweala (Board Member)
  • 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 2024 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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

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
$442,492,802 (2024)
Expenses
$438,383,315 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $7,792,405
  • Program Service Revenue: $346,034,181
  • Gross Receipts: $599,137,519

Assets and Liabilities:

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

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

MEMBERSHIPS

Revenue

$14,868,321

PARTICIPATION FEES

Revenue

$43,438,213

PARTNERSHIPS

Revenue

$287,727,647

Organization Details

Founding Year

1971

Principal Officer

Alois Zwinggi

NTEE Category

Code: Q05 - International

If you are a representative of World Economic Forum and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.