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Foundation for the Global Compact

New York, NY · EIN 16-1756484 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Foundation for the Global Compact reported $48.3 million in revenue and $51.7 million in expenses for calendar year 2024. Of every $100 it spent, $84.36 went to program services, $14.12 to management and general costs and $1.52 to fundraising. Its largest source of revenue was contributions and grants: 98.1% of the total. The highest compensation it reported for one person was $365,857 (MANAGING DIR.). 39 people received more than $100,000 in reportable compensation. Revenue rose 174% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $52M

For context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $48M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 469 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
84.4%86.1%
Management & general
Part IX 25(C) ÷ 25(A)
14.1%8.0%
Fundraising
Part IX 25(D) ÷ 25(A)
1.5%2.6%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
98.1%96.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
1.8%0.0%
Highest reported compensation
Part VII-A, columns D–F
$365,857$341,362
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.71%1.06%
People paid over $100,000
Part VII, line 2
3910
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.27.5
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$44M expenses · 100.0% of program spending · grants $9.8M · revenue $880K

The foundation supported the un Global Compact to plan and implement its programmatic goals. The un Global Compact is the largest corporate sustainability initiative in the world, with more than 12,000 companies and 3,000 non-business signatories based in over 160 countries, and 69 local networks. Businesses that join the initiative commit at the CEO-level to align their corporate strategies and operations with ten principles on human rights, labour, environment and anti-corruption, and take actions to support the sustainable development goals. Through providing authoritative guidance…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
MANAGING DIR.
Officer, 40.00 hrs/week
$298,152$0$67,705$365,857
HEAD OF SUSTAINABLE FINANCE
Highest compensated employee, 40.00 hrs/week
$211,100$0$30,207$241,307
HEAD OF COP
Highest compensated employee, 40.00 hrs/week
$201,100$0$35,923$237,023
GENERAL COUNSEL
Key employee, 40.00 hrs/week
$199,850$0$29,548$229,398
HEAD OF MARKETING
Highest compensated employee, 40.00 hrs/week
$178,695$0$41,839$220,534
HEAD OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$167,828$0$51,947$219,775
SENIOR MANAGER OF HR
Highest compensated employee, 40.00 hrs/week
$157,500$0$37,238$194,738

39 people received more than $100,000 in reportable compensation from Foundation for the Global Compact (Part VII, line 2). Compensation of current officers, directors and key employees totaled $595K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$48M$52M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$48M$52M84.4%$9.3M$365,857
2023 ⓘ$49M$46M83.3%$13M$352,914
2022 ⓘ$42M$35M79.3%$19M$297,221
2021 ⓘ$27M$22M73.3%$16M$228,764
2020 ⓘ$25M$20M79.9%$15M$262,565
2019 ⓘ$18M$16M78.1%$8.5M$256,701

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5128
  • Volunteers Part I, line 68

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
AGILE FREAKS SRL
It artchitecture
$977,132
THE BOSTON CONSULTING GROUP INC
Strategic planning
$861,453
ACCENTURE
Strategic planning
$520,000
196 LLC
Event production
$499,476
BEFLIER
Travel agency
$471,660

Individuals listed as contractors are left out. 44 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Foundation for the Global Compact totaling $775K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Foundation for the Global Compact's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Foundation for the Global Compact, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All international, foreign affairs & national security charities · Largest charities in New York

Questions people ask

How much of Foundation for the Global Compact's spending goes to programs?

In calendar year 2024, Foundation for the Global Compact reported that 84.4% of its $51.7 million in expenses went to program services, 14.1% to management and general and 1.5% to fundraising (Form 990, Part IX).

How much does Foundation for the Global Compact pay its top executive?

The largest total compensation Foundation for the Global Compact reported for one person in calendar year 2024 was $365,857, for the role of MANAGING DIR. (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Foundation for the Global Compact get its money?

Of $48.3 million in revenue in calendar year 2024, 98.1% came from contributions and grants and 1.8% from program service revenue (Form 990, Part VIII).

Is Foundation for the Global Compact a registered charity?

The IRS lists EIN 16-1756484 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523109349302792 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443209349304349 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303189349302260 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233189349303748 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123169349306297 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033179349310058 · read the filing

All filings for EIN 16-1756484: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.