Global Impact

“The organization's form 990 undergoes a number of internal and external reviews before it is filed with the irs. The return is prepared by the organization's public accounting firm, bdo usa, and is reviewed by the organization's senior director of finance and accounting. Form 990 is then reviewed by the audit committee prior to a board meeting. The form is presented to the board by the audit committee chair or the senior director of finance and accounting. Each board member then receives by email an electronic version of the form, so that each can review it and raise questions before the form is filed.”

“A yearly signing of conflict of interest is done by all members of the board and staff.”

“The board's executive committee serves as the compensation committee and makes the decision on executive compensation. The committee conducts a compensation review and presents comparable salaries for each position.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Additionally, the financial statements are posted on its website.”

“Renee acosta received compensation as a consultant during the calendar year 2013. This amount is reported under part vii, section a as compensation to a former officer and in part vii, section b as one of the top five independent contractors. The amount is therefor reported twice on the 2013 form 990. It is also included in the compensation reported on schedule j. Renee acosta was compensated as president in the amount of $366,479 for the time period of january 1, 2013 to april 30, 2013. The total compensation amount consists of salary, vacation, retirement, and bonus. Ms. Acosta was compensated as a consultant in the amount of $216,667 for the time period of may 1, 2013 to december 31, 2013.”

“(continued) global impact is a leader in growing global philanthropy. The organization builds partnerships and raises resources that help the world's most vulnerable people by providing integrated, partner-specific advisory and secretariat services; campaign design, marketing and implementation for workplace and signature fundraising campaigns; and fiscal agency, technology services and integrated giving platforms. Global impact works with approximately 450 public and private sector workplace giving campaigns to generate funding for an alliance of more than 120 international charities, including care, doctors without borders, heifer international, save the children, the u.s. Fund for unicef and world vision. Through these partnerships, global impact meets real needs with real results by supporting programs focused on clean water, disaster relief and resiliency, economic development, education, environmental sustainability, global health and child survival, human trafficking, hunger, and women and girls. Global impact equips private sector and nonprofit sector organizations to achieve their philanthropic goals by providing revenue diversification strategies, employee engagement programs, csr strategies, and custom philanthropic funds. Global impact serves as the secretariat of global health council, the hilton humanitarian prize laureates collaborative and the central america donors forum. The organization also serves as administrator for one of the world's largest workplace giving campaigns, the combined federal campaign-overseas. Since 1956, global impact has generated more than $1.7 billion to help the world's most vulnerable people. Learn more at charity.org.”

“Global impact ceased the management of the combined federal campaign of the national capital area. This is a direct effect of the drop in revenue and expenses. The previous year's 990 revenue specifically for cfcnca was $56,012,164 and expenses were $56,012,164.”

“Global impact creates and implements a full suite of workplace fundraising campaign solutions that includes campaign design, the overall and ongoing management of a campaign, and ongoing representation with employees, donors and institutions. During this year, global impact administered the combined federal campaign-overseas, which raised over $10 million in gross pledges. As a fundraising intermediary for more than 60 years, on behalf of its alliance of 120+ internationally-focused charities, global impact engaged nearly 450 public and private-sector workplace giving campaigns, which collectively raised over $17 million in gross pledges. Global impact also provides impact funds, which currently are built around nine thematic areas: disaster relief, economic development, education, clean water, global health and child survival, human trafficking, hunger, malaria and women and girls. These funds are designed for the donor who is concerned about a particular issue, and can be provided as a giving option within an existing workplace giving campaign or can be tailored to the specific philanthropic needs of a corporation or private or community foundation. By leveraging a broad and long-standing network of media alliances, global impact provides charities a means of participating in print and electronic coop advertising campaigns.”

“For nearly 10 years global impact has served as fiduciary for donor advised funds on behalf of corporate foundations and for temporarily restricted charitable funds created for corporations. Through these efforts, about $8 million was raised and distributed to charities during the year. Through its work to annually recertify the 120+ members of its charity alliance, global impact uses its extensive experience to vet and certify both domestic and international charitable organizations. Using its proprietary model, global impact has built a successful charity vetting, certification and state registration practice area that incorporates irs requirements, financial analysis and monitoring. Global impact augments, leverages or creates stand-alone private label platform that can be easily launched with minimal setup and a seamless user experience to meet philanthropic needs.”

“Building on its 60 years of experience in workplace fundraising, global impact provides counsel to corporations on the full scope of strategy development around global philanthropy and corporate social responsibility (csr), to include the development of issues-oriented giving funds and matching gift programs, developing csr marketing, visibility and reporting strategies and csr benchmarking. It helps corporations partner with like-minded organizations and to improve their employee engagements strategies. Additionally, working with charities and other ngos, global impact assists in strategic planning and organizational development with a focus identifying revenue sources and strategies, developing board and donor engagement and training and benchmarking fundraising programs. As needed, global impact provides secretariat level support to charities and programs, to include aiding existing boards or program managers with strategic planning and organizational development services, developing and implementing membership and fundraising programs and providing administrative support.”

“This year's deferred revenue reflects the benefit of incentives in the lease of the office space. The benefits of the lease incentives, including free rent and a tenant improvement allowance, are being recognized ratably over the term of the lease.”

“There have been no changes during the year in the process for oversight of the audit of the financial statements.”