Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
EIN 47-4045086 • 501(c)3 • Washington, DC
Profile
The global innovation fund aims to support innovations that will improve lives for hundreds of millions of people across multiple developing countries. Innovation has already had a very significant impact upon the lives of millions in developing countries. Whilst many innovations originally created for developed countries have had a very significant impact in developing countries, developing countries frequently face unique challenges requiring solutions which meet their specific needs and circumstances.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
66th percentile
Higher debt load relative to revenue than 66% of similar nonprofits.
Net Margin
40th percentile
Higher net margin than 40% of similar nonprofits.
Top Officer Pay
99th percentile
Higher top officer pay than 99% of similar nonprofits.
Top officer pay equals 53.4% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
55th percentile
Faster revenue growth than 55% of similar nonprofits.
Assets
Up$55,254
Up $39,278 (+246%) from 2023
Liabilities
Up$55,254
Up $39,278 (+246%) from 2023
Net Assets
Flat$0
Flat from 2023
Revenue
Up$796,218
Up $71,120 (+9.8%) from 2023
Expenses
Up$796,218
Up $71,120 (+9.8%) from 2023
Net Income
Flat$0
Flat from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The global innovation fund aims to support innovations that will improve lives for hundreds of millions of people across multiple developing countries. Innovation has already had a very significant impact upon the lives of millions in developing countries. Whilst many innovations originally created for developed countries have had a very significant impact in developing countries, developing countries frequently face unique challenges requiring solutions which meet their specific needs and circumstances.
The global innovation fund invests in social innovations that aim to improve the lives and opportunities of millions of people in the developing world.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $15,976 | $55,254 | ▲ $39,278 |
| Total Assets | $15,976 | $55,254 | ▲ $39,278 |
| Liabilities | |||
| Deferred Revenue | $2,782 | $43,254 | ▲ $40,472 |
| Accounts Payable and Accrued Expenses | $13,194 | $12,000 | ▼ $1,194 |
| Total Liabilities | $15,976 | $55,254 | ▲ $39,278 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $0 | $0 | → $0 |
| Total Liabilities and Net Assets / Fund Balance | $15,976 | $55,254 | ▲ $39,278 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Alix Zwane | Chief Executive Officer (thru July 2024) | FT | $389,589 | $35,810 | $425,399 |
| Alix Zwane | Chief Executive Officer (thru July 2 | - | $389,589 | $35,810 | $425,399 |
| Elizabeth Agase | Director of Esg | FT | $100,146 | $10,590 | $110,736 |
| Name | Title |
|---|---|
| Jim Clark | Chairman |
| James Habyarimana | Director |
| Kate Kaufman | Director |
| Nadia Adjenef | Treasurer (from July 2024) |
| Tom Mason | Treasurer (thru July 2024) |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $732,349 |
| Other Expenses | $63,869 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $523,336 | $58,148 | - | $581,484 |
| Pension Plan Contributions | $64,435 | $7,159 | - | $71,594 |
| Other Employee Benefits | $41,524 | $4,614 | - | $46,138 |
| Payroll Taxes | $29,820 | $3,313 | - | $33,133 |
| Travel | $18,762 | - | - | $18,762 |
| Fees for Services Accounting | - | $16,999 | - | $16,999 |
| Fees for Services Other | - | $10,081 | - | $10,081 |
| Office Expenses | $3,334 | $4,266 | - | $7,600 |
| Fees for Services Legal | - | $6,387 | - | $6,387 |
| Insurance | $2,326 | $258 | - | $2,584 |
| Occupancy | $1,124 | $125 | - | $1,249 |
| Information Technology | $136 | $15 | - | $151 |
| Conferences and Meetings | - | $56 | - | $56 |
| Total Functional Expenses | $684,797 | $111,421 | $0 | $796,218 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $875,218 |
| Expenses per Audited Statements | $796,218 |
| Total Expenses per Form 990 | $796,218 |
| Expenses Not Reported on Form 990 | $79,000 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The sole member is global innovation fund, a charitable corporation organized under the laws of the united kingdom.”
“The sole member approves and appoints the board of directors.”
“Any amendments to the governing documents or dissolution, liquidation, merger, or sale of substantial assets must be approved by the member.”
“The prepared form 990 will be reviewed by the leadership/executive team of the organization's parent organization before the return is filed with the irs.”
“If the governing body or a committee determines that a covered person has a financial interest, then, if appropriate to protect the interests of the organization, the chairperson or a majority of the disinterested directors shall appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising reasonable due diligence, the disinterested directors or committee shall determine whether the organization could obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest and if a more advantageous transaction or arrangement is not reasonably attainable, the governing body or committee shall determine by a majority vote of the disinterested members whether the transaction or arrangement is in the organization's best interests and for its own benefit and whether the transaction is fair and reasonable to the organization and shall decide as to whether to enter into the transaction or arrangement in conformity with such determination. If the chairperson or a majority of the disinterested directors determine that it is not necessary to investigate alternatives to the proposed transaction or arrangement to protect the interests of the organization, the governing body or committee shall determine the extent to which such covered person shall recuse himself or herself from further involvement in the proposed transaction or arrangement.”
“The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 12000 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE GLOBAL INNOVATION FUND INVESTS IN SOCIAL INNOVATIONS THAT AIM TO IMPROVE THE LIVES AND OPPORTUNITIES OF MILLIONS OF PEOPLE IN THE DEVELOPING WORLD. |
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| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 56 |
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| IRS990/CYContributionsGrantsAmt | 0 | 796218 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 63869 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
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| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 732349 |
| IRS990/CYTotalExpensesAmt | 0 | 796218 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 43254 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE GLOBAL INNOVATION FUND (GIF) WORKS TO SUPPORT INNOVATIONS THAT WILL IMPROVE LIVES FOR HUNDREDS OF MILLIONS OF PEOPLE ACROSS MULTIPLE DEVELOPING COUNTRIES. WHILST MANY INNOVATIONS ORIGINALLY CREATED FOR DEVELOPING COUNTRIES HAVE HAD A VERY SIGNIFICANT IMPACT IN DEVELOPING COUNTRIES, DEVELOPING COUNTRIES FREQUENTLY FACE UNIQUE CHALLENGES REQUIRING SOLUTIONS WHICH MEET THEIR SPECIFIC NEEDS AND CIRCUMSTANCES. GIF DEFINES "INNOVATION" BROADLY: ANY SOLUTION TO A DEVELOPMENTAL CHALLENGE THAT HAS THE POTENTIAL TO IMPROVE THE LIVES OF THE POOR IN DEVELOPING COUNTRIES MORE EFFECTIVELY THAN EXISTING APPROACHES. THIS COULD, FOR EXAMPLE, INCLUDE THE DEVELOPMENT OF NEW PRODUCTS, SERVICES, BUSINESS MODELS, OR POLICY PRACTICES THAT BENEFIT POOR AND VULNERABLE COMMUNITIES OR THE DEVELOPMENT OF NEW WAYS TO DELIVER OR TO ADAPT EXISTING PRODUCTS, SERVICES, BUSINESS MODELS, OR POLICY PRACTICES IN ORDER TO ENSURE THAT THEY BECOME MORE EFFECTIVE AT REACHING THE POOR. THERE ARE HIGH COSTS IN DEVELOPING AND BRINGING AN INNOVATION TO SCALE YET SUCCESSFUL INNOVATORS TYPICALLY ONLY CAPTURE A SMALL FRACTION OF THE BENEFITS OF THEIR WORK. THIS IS PARTICULARLY SO IN THE CONTEXT OF INNOVATION FOR THE BENEFIT OF THE POOR IN DEVELOPING COUNTRIES. THIS RESULTS IN MARKET FAILURE AS POTENTIAL INNOVATORS ARE NOT INCENTIVIZED TO MAKE SOCIALLY BENEFICIAL INVESTMENTS, LEADING TO UNDERINVESTMENT. THIS LIMITS INNOVATION BY BOTH THE PRIVATE AND THE PUBLIC SECTOR. IN THE PRIVATE SECTOR, INNOVATORS CANNOT CAPTURE ALL INVESTMENT RETURNS AS SUCCESSFUL INNOVATIONS OFTEN INVITE EARLY IMITATION BY COMPETITORS WHILST THEIR DEVELOPMENT IS OFTEN TIME CONSUMING, RISKY AND EXPENSIVE--THIS CAN DISCOURAGE INVESTMENT OUTRIGHT. IN THE PUBLIC SECTOR, THERE IS EVEN LESS RETURN TO THE INNOVATION INVESTOR. INNOVATION DEVELOPERS MAY FIND THEMSELVES BLAMED FOR FAILURES THAT ARE LIKELY TO ARISE AND CANNOT CAPTURE ANY FORM OF MARKET RETURN. SUCH MARKET FAILURE PROVIDES A KEY IMPERATIVE FOR THE PUBLICLY FUNDED SUPPORT FOR INNOVATION WHICH IS DIRECTED AT THE PROBLEMS AFFECTING THE WORLD'S POOREST. |
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| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 684797 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 16999 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 16999 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 6387 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 6387 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 10081 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 10081 |
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| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 40.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | NADIA ADJENEF |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | KATE KAUFMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JAMES HABYARIMANA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ALIX ZWANE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ELIZABETH AGASE |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER (THRU JULY 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CHIEF EXECUTIVE OFFICER (THRU JULY 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR OF ESG |
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| IRS990/FormationYr | 0 | 2015 |
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| IRS990/GamingActivitiesInd | 0 | 0 |
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| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 796218 |
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| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
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| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 15 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 136 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 151 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 258 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2326 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2584 |
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| IRS990/MissionDesc | 0 | THE GLOBAL INNOVATION FUND AIMS TO SUPPORT INNOVATIONS THAT WILL IMPROVE LIVES FOR HUNDREDS OF MILLIONS OF PEOPLE ACROSS MULTIPLE DEVELOPING COUNTRIES. INNOVATION HAS ALREADY HAD A VERY SIGNIFICANT IMPACT UPON THE LIVES OF MILLIONS IN DEVELOPING COUNTRIES. WHILST MANY INNOVATIONS ORIGINALLY CREATED FOR DEVELOPED COUNTRIES HAVE HAD A VERY SIGNIFICANT IMPACT IN DEVELOPING COUNTRIES, DEVELOPING COUNTRIES FREQUENTLY FACE UNIQUE CHALLENGES REQUIRING SOLUTIONS WHICH MEET THEIR SPECIFIC NEEDS AND CIRCUMSTANCES. |
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| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 1124 |
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| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3334 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 7600 |
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| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 523336 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 581484 |
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| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 29820 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 33133 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 7159 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 64435 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 71594 |
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| IRS990/PrincipalOfficerNm | 0 | NADIA ADJENEF |
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| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
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| IRS990/PYContributionsGrantsAmt | 0 | 725098 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 151635 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | 0 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 573463 |
| IRS990/PYTotalExpensesAmt | 0 | 725098 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 725098 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 0 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RelatedOrganizationsAmt | 0 | 796218 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 0 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 725098 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1305755 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1606203 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2056294 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 6489568 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 6489568 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 796218 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 725098 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1305755 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1606203 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2056294 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 6489568 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 6489568 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 79000 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 79000 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 79000 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 796218 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 79000 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 796218 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 796218 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 796218 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 875218 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 875218 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 389589 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 16304 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 19506 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | ALIX ZWANE |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | ALIX ZWANE (OFFICER) RECEIVED PAYMENTS TO A NON-QUALIFIED RETIREMENT PLAN OF $15,217 IN 2024. THESE PAYMENTS ARE INCLUDED IN SCH. J, PART II, COLUMN (C). |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 4B |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 1 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE SOLE MEMBER IS GLOBAL INNOVATION FUND, A CHARITABLE CORPORATION ORGANIZED UNDER THE LAWS OF THE UNITED KINGDOM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE SOLE MEMBER APPROVES AND APPOINTS THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ANY AMENDMENTS TO THE GOVERNING DOCUMENTS OR DISSOLUTION, LIQUIDATION, MERGER, OR SALE OF SUBSTANTIAL ASSETS MUST BE APPROVED BY THE MEMBER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PREPARED FORM 990 WILL BE REVIEWED BY THE LEADERSHIP/EXECUTIVE TEAM OF THE ORGANIZATION'S PARENT ORGANIZATION BEFORE THE RETURN IS FILED WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | IF THE GOVERNING BODY OR A COMMITTEE DETERMINES THAT A COVERED PERSON HAS A FINANCIAL INTEREST, THEN, IF APPROPRIATE TO PROTECT THE INTERESTS OF THE ORGANIZATION, THE CHAIRPERSON OR A MAJORITY OF THE DISINTERESTED DIRECTORS SHALL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING REASONABLE DUE DILIGENCE, THE DISINTERESTED DIRECTORS OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION COULD OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST AND IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE, THE GOVERNING BODY OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTERESTS AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION AND SHALL DECIDE AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. IF THE CHAIRPERSON OR A MAJORITY OF THE DISINTERESTED DIRECTORS DETERMINE THAT IT IS NOT NECESSARY TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT TO PROTECT THE INTERESTS OF THE ORGANIZATION, THE GOVERNING BODY OR COMMITTEE SHALL DETERMINE THE EXTENT TO WHICH SUCH COVERED PERSON SHALL RECUSE HIMSELF OR HERSELF FROM FURTHER INVOLVEMENT IN THE PROPOSED TRANSACTION OR ARRANGEMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 1 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | GLOBAL INNOVATION FUND |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm | 0 | LONDON |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd | 0 | UK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ForeignPostalCd | 0 | EC 2M 4PL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd | 0 | UK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | TO SUPPORT SOCIAL INNOVATION TO IMPROVE LIVES IN THE DEVELOPING WORLD |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 7 |
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| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 55254 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 15976 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 55254 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalContributionsAmt | 0 | 796218 |
| IRS990/TotalEmployeeCnt | 0 | 3 |
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| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 111421 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 684797 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 796218 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 15976 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 55254 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 15976 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 55254 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 0 |
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| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 796218 |
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| IRS990/TotalVolunteersCnt | 0 | 4 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 55254 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 18762 |
| IRS990/TravelGrp/TotalAmt | 0 | 18762 |
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| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1250 CONNECTICUT AVE NW 700 |
| IRS990/USAddress/CityNm | 0 | WASHINGTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | DC |
| IRS990/USAddress/ZIPCd | 0 | 20036 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | WWW.GLOBALINNOVATION.FUND |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOSEPH SSENTONGO |
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