Gsma Mobile for Development Foundation Inc.

“Two directors of the company, David Frolio and Anne Bouverot, had a business relationship during the tax year.”

“The Company is a nonprofit corporation formed under Georgia law. Its sole member is the GSM Association, acting through its United States branch office.”

“The Company's annual operating budget is subject to approval by the Board Members and of the sole member, GSM Association.”

“The 990 is reviewed by senior members of the management team and outside legal counsel.”

“Directors and officers are required to execute annual written certifications of compliance with the conflict of interest policy. Any exceptions must be disclosed and reviewed by the organization. The directors and officers have certified their compliance with the policy for this tax year.”

“The parent company human resources staff performs benchmarking studies to determine all officer compensation packages. These studies utilize external data on each element of the packages including base salary, incentive compenstation, and benefit programs. The parent company CEO approved the compensation's package for the organization's CEO and other officers.”

“The company maintains public disclosure copies of its governing documents, conflict of interest policy and financial statements at its principal office. These copies are available upon a written or in-person request for access.”

“The m-Agri Programme catalyses scalable, commercial mobile services that improve the productivity and incomes of smallholder farmers in emerging markets. Through our mFarmer Initiative, the GSMA mAgri programme works with mobile operators, the development community and agricultural organisations to facilitate the creation of scalable, replicable and commercially sustainable agricultural information and advisory services. The Initiative includes challenge fund grants, provision of digitised agricultural content via an online database, technical assistance, sharing of best practices and impact evaluation.Since its inception in 2009, the GSMA mAgri programme has supported 2 pilot projects in India and Kenya, benefiting over 1.5 million farmers in the two countries. We have subsequently provided grants to 4 mobile operators under the mFarmer Initiative to develop agricultural information and advisory services that will benefit over 2 million additional farmers.”

“Unrealized foreign currency translation adjustments: ($ 142,613).”