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CHARITY REVIEW
Issued: December 2023 Expires: December 2025

GlobalGiving Foundation

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
1 Thomas Circle NW, Suite 800
Washington, DC, 20005

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

GlobalGiving Foundation meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to transform aid and philanthropy to accelerate community-led change."

Year, State Incorporated:
2002, DE

GlobalGiving Foundation (GGF) reports that it helps raise funds and provides grants for thousands of community-led organizations in more than 175 countries. This work supports poverty alleviation, health, education, community development, environmental protection, disaster recovery, and other causes. GGF provides donors and non-profits access to a giving marketplace, along with resources and tools to support community-led development. The organization also sources, vets, and monitors nonprofit projects globally to help companies support more diverse charitable activities through their employee giving, corporate philanthropy, and cause-related marketing programs.

For the year ended December 31, 2021, GlobalGiving Foundation's program expenses were:

Program expenses: $99,322,132

Total Program Expenses: $99,322,132

Chief Executive
Victoria Vrana, Chief Executive Officer

Chair of the Board
Brian Walsh

Chair's Profession / Business Affiliation
Global Head of Sustainability, TP ICAP

Board Size
12

Paid Staff Size
125

*2021 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Note: Ms. Vrana's compensation is not yet available, as she did not start with GGF until January 2023. The previous Chief Executive Officer, Alix Guerrier, received compensation totaling $267,034 in 2021.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Print advertisements, Corporate solicitation

Fundraising costs were less than 1% of related contributions. (Related contributions, which totaled $98,199,382, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on GlobalGiving Foundation's audited financial statements for the year ended December 31, 2021.

Source of Funds
Grants $1,854,948
Project contributions $95,464,434
Professional services $4,429,659
Investment loss, net $-16,828
Interest income $4,808
Other revenue $176,537
Paycheck Protection Program loan forgiveness $880,000
Total Income $102,793,558

Programs: 93% Fundraising: 0% Administrative: 7%

Total Income $102,793,558
Total expenses: $107,045,848
  Program expenses $99,322,132
  Fundraising expenses $286,294
  Administrative expenses $7,437,422
  Other expenses $0
Income in Excess of Expenses $-4,252,290
Beginning Net Assets $53,179,530
Other Changes In Net Assets $0
Ending Net Assets $48,912,225
Total Liabilities $11,136,742
Total Assets $60,048,967

Note: In the financial section above, "other changes in net assets" refers to a currency exchange rate loss.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Wise Giving Alliance