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The German Marshall Fund of the United States
The German Marshall Fund of the United States reported $38.4 million in revenue and $42.8 million in expenses for calendar year 2024. Of every $100 it spent, $61.83 went to program services, $35.20 to management and general costs and $2.97 to fundraising. Its largest source of revenue was contributions and grants: 76.9% of the total. Government grants made up 39.1%. The highest compensation it reported for one person was $530,021 (PRESIDENT (THRU 9/24)). 49 people received more than $100,000 in reportable compensation. Revenue rose 51% between FY2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $43MFor 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 $38MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 61.8% | 86.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 35.2% | 8.0% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.0% | 2.6% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 76.9% | 96.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 39.1% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 7.6% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $530,021 | $341,362 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.24% | 1.06% |
| People paid over $100,000 Part VII, line 2 | 49 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 49.3 | 7.5 |
| Independent voting board members Part VI 1a–1b | 18 of 18 | 100.0% |
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 expenseDemocracy - as many countries in the transatlantic community and beyond held elections in 2024, gmf democracy focused its work on combating threats to democracy and the abuse of recent technologies. Both issues pose challenges to democratic values, in particular election administration. Gmf democracy shed light on widespread efforts to manipulate online information and interference in elections while helping to secure individual rights and freedoms
Geostrategy - gmf provides policymakers and business leaders on both sides of the atlantic with in-depth and comprehensive analyses of the political, economic, and strategic trends that impact them. Gmf geostrategy focuses on specific geographic regions whose audiences require holistic risk management that integrates policy planning and resilience in an international environment increasingly defined by geopolitical competition, environmental crisis, and hybrid threats
Strategic engagment - gmf convenes global leaders, policymakers, and experts across sectors to shape the transatlantic agenda and debate the most pressing global challenges. Gmf offers rising and established leaders dynamic opportunities to build transatlantic bridges
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT (THRU 9/24) Officer, 40.00 hrs/week | $476,766 | $0 | $53,255 | $530,021 |
| ACTING PRESIDENT (BEG 9/24) Officer, 40.00 hrs/week | $284,199 | $0 | $120,338 | $404,537 |
| MANAGING DIRECTOR, COMMUNICATION Highest compensated employee, 40.00 hrs/week | $205,711 | $0 | $109,821 | $315,532 |
| COO, PRESIDENT (BEG 9/24) Officer, 40.00 hrs/week | $295,706 | $0 | $8,533 | $304,239 |
| INTERIM SVP, STRATEGIC ENGAGEMENT Highest compensated employee, 40.00 hrs/week | $238,023 | $0 | $48,405 | $286,428 |
| SVP, GMF INNOVATION Highest compensated employee, 40.00 hrs/week | $239,256 | $0 | $32,647 | $271,903 |
| MANAGING DIRECTOR & SENIOR FELLOW Highest compensated employee, 40.00 hrs/week | $195,053 | $0 | $20,926 | $215,979 |
| MANAGING DIRECTOR, LEADERSHIP PROGRAMS Highest compensated employee, 40.00 hrs/week | $187,811 | $0 | $22,398 | $210,209 |
49 people received more than $100,000 in reportable compensation from The German Marshall Fund of the United States (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).
6 filings since FY2020
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b18 · 18 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 5117
- Volunteers Part I, line 620
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| ORACLE AMERICA INC Software consultant | $400,641 |
| P2 TELECOM LLC Software security | $324,339 |
| ESENTIRE INC Software security | $230,745 |
| CONCORDUS APPLICATIONS INC Software consultant | $218,745 |
| RSM US LLP Financial auditing | $167,522 |
Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.
Private foundation grants it received
12 private foundations reported grants to The German Marshall Fund of the United States totaling $2.5M 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 The German Marshall Fund of the United States's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The German Marshall Fund of the United States, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The German Marshall Fund of the United States spent in 2024, $61.83 went to programs. The full breakdown, from its IRS Form 990:
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All international, foreign affairs & national security charities · Largest charities in District of Columbia
Questions people ask
How much of The German Marshall Fund of the United States's spending goes to programs?
In calendar year 2024, The German Marshall Fund of the United States reported that 61.8% of its $42.8 million in expenses went to program services, 35.2% to management and general and 3.0% to fundraising (Form 990, Part IX).
How much does The German Marshall Fund of the United States pay its top executive?
The largest total compensation The German Marshall Fund of the United States reported for one person in calendar year 2024 was $530,021, for the role of PRESIDENT (THRU 9/24) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The German Marshall Fund of the United States get its money?
Of $38.4 million in revenue in calendar year 2024, 76.9% came from contributions and grants (including 39.1% from government grants) and 7.6% from program service revenue (Form 990, Part VIII).
Is The German Marshall Fund of the United States a registered charity?
The IRS lists EIN 52-0954751 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 202523189349313347 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413129349302926 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303199349303410 · read the filing
- FY2021 (7 mo.): Form 990 for the 7-month short period ending December 31, 2021, object 202243009349300129 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202210499349300326 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202110499349301611 · read the filing
All filings for EIN 52-0954751: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.