Form 990, Part VI, Section B, Line 11B
“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.”
Global Innovation Fund
990 • Fiscal year 2018 • EIN 47-4045086
Siviq Scores
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Balance Sheet
Assets
Flat$118,298
Flat from 2018
Net Assets
Flat$0
Flat from 2018
Liabilities
Flat$118,298
Flat from 2018
Revenue And Expenses
Revenue
Flat$1,292,190
Flat from 2018
Expenses
Flat$1,292,190
Flat from 2018
Net Income
Flat$0
Flat from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Mar 20, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $1,292,190
Mission and Program Overview
Mission
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.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $76,790 | $97,410 | ▲ $20,620 |
| Accounts Receivable | $240 | $3,706 | ▲ $3,466 |
| Prepaid Expenses and Deferred Charges | $16,462 | $1,657 | ▼ $14,805 |
| Total Assets | $109,017 | $118,298 | ▲ $9,281 |
| Other Assets Total | $15,525 | $15,525 | → $0 |
| Liabilities | |||
| Deferred Revenue | $30,170 | $72,710 | ▲ $42,540 |
| Accounts Payable and Accrued Expenses | $78,847 | $45,588 | ▼ $33,259 |
| Total Liabilities | $109,017 | $118,298 | ▲ $9,281 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $0 | $0 | → $0 |
| Total Liabilities and Net Assets / Fund Balance | $109,017 | $118,298 | ▲ $9,281 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $15,525 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael Eddy | Vice President Analytics | FT | $146,806 | $18,381 | $165,187 |
| Sarah Alexander | Senior Managing Director & Investment Committee C | FT | $146,287 | $14,170 | $160,457 |
| Sarah Alexander | Senior Managing Director & Investmen | - | $146,287 | $14,170 | $160,457 |
| Rakesh Apte | Investment Director | FT | $124,138 | $22,535 | $146,673 |
| Conor Savoy | Director of Policy and Advocacy | FT | $123,290 | $19,360 | $142,650 |
| Genevieve Reyes Llamzon | Senior Legal Counsel | FT | $119,870 | $16,900 | $136,770 |
Board Members and Trustees
| Name | Title |
|---|---|
| Kanini Mutooni | Chair |
| Carolina Trevelli | Director |
| Michael Anderson | Director |
| Michael Kremer | Director |
| Russell Sigelman | Director |
| Salvatore Giambanco | Director |
| Santosh Matthews | Director |
| Sarah Pearson | Director |
| Stefan Dercon | Director |
| Vel Gnaanendran | Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $1,292,190
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $0
- Change in Net Assets
- $0
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $1,292,190
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $50,000
- Total Revenue per Audited Statements
- $1,342,190
- Total Revenue per Form 990
- $1,292,190
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $965,381 |
| Other Expenses | $326,809 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $785,533 | - | - | $785,533 |
| Occupancy | $167,953 | - | - | $167,953 |
| Travel | $77,004 | - | - | $77,004 |
| Pension Plan Contributions | $74,602 | - | - | $74,602 |
| Payroll Taxes | $59,128 | - | - | $59,128 |
| Other Employee Benefits | $46,118 | - | - | $46,118 |
| Fees for Services Other | $35,000 | $240 | - | $35,240 |
| Fees for Services Accounting | - | $15,960 | - | $15,960 |
| Office Expenses | $14,772 | - | - | $14,772 |
| Information Technology | $7,667 | - | - | $7,667 |
| Insurance | $2,995 | - | - | $2,995 |
| Conferences and Meetings | $2,520 | - | - | $2,520 |
| All Other Expenses | - | $2,408 | - | $2,408 |
| Fees for Services Legal | - | $290 | - | $290 |
| Total Functional Expenses | $1,273,292 | $18,898 | $0 | $1,292,190 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,342,190 |
| Expenses per Audited Statements | $1,292,190 |
| Total Expenses per Form 990 | $1,292,190 |
| Expenses Not Reported on Form 990 | $50,000 |
| Expenses Not Reported on Financial Statements | $0 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section B, Line 12C
“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.”
Form 990, Part VI, Section C, Line 19
“The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
Filing and Contact Details
Filer
- Filer Name
- Global Innovation Fund
- EIN
- 47-4045086
- Phone
- 2028174579
- Address
- 1875 K ST NW NO 516, WASHINGTON, DC 20006-1238
Signing Officer
- Name
- Simon Jones
- Title
- Chief Financial Officer
- Phone
- 2028174579
- Signed
- 2019-03-20
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Simon Jones
- Formed
- 2015
- Legal Domicile
- Dc
- Voting Board Members
- 8
- Independent Board Members
- 8
- Employees
- 7
- Volunteers
- 10
Preparer
- Firm
- Wegner Cpas Llp
- Address
- 419 N LEE ST, ALEXANDRIA, VA 22314
- Preparer
- Glenn Miller CPA
- Phone
- 7035190990
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR OF POLICY AND ADVOCACY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | SENIOR MANAGING DIRECTOR & INVESTMENT COMMITTEE C |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 2015 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1292190 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 7667 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 7667 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2995 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2995 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | DC |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| 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. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 0 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 900 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 167953 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 167953 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 14772 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 14772 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 15525 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 15525 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 46118 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 46118 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 785533 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 785533 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 59128 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 59128 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 74602 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 74602 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 16462 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1657 |
| IRS990/PrincipalOfficerNm | 0 | SIMON JONES |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1202047 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 345258 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 0 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 856789 |
| IRS990/PYTotalExpensesAmt | 0 | 1202047 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1202047 |
| 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 | 1292190 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1292190 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1202047 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 798646 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 364171 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 3657054 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 3657054 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1292190 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1202047 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 798646 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 364171 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 3657054 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3657054 |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 50000 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 50000 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 50000 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1292190 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 15525 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | SECURITY DEPOSIT |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 50000 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1292190 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 15525 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1292190 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1292190 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1342190 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1342190 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| 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 | 146806 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 146287 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 14692 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 14170 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 3689 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | MICHAEL EDDY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | SARAH ALEXANDER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | VICE PRESIDENT ANALYTICS |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | SENIOR MANAGING DIRECTOR & INVESTMEN |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 165187 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 160457 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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 | 1 | 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 | 2 | 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 B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | 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) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt | 0 | 68-80 HANBURY ST |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm | 0 | LONDON |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd | 0 | UK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ForeignPostalCd | 0 | E1 5JL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd | 0 | UK |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | PHILANTHROPY |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 7 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| 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 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $118,298
- Liabilities
- $118,298
- Net assets
- $0
- Revenue
- $1,292,190
- Expenses
- $1,292,190
- Net income
- $0