Global Partnerships
Global Partnerships
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About this organization
Mission
Global Partnerships (GP) is an impact-first investor whose mission is to expand opportunity for people living in poverty. For 25 years we have pioneered and invested in sustainable solutions that help people living in poverty increase their incomes and improve their lives, with investments in livelihoods, education, energy, health, housing, and sanitation. Since inception through September 30, 2020, GP and its affiliated funds have deployed $474.3 million in impact-first investments in 161 partners, bringing meaningful impact to nearly 22.1 million lives. GP currently has staff located in Bogotá, Colombia; Nairobi, Kenya; and Seattle, WA.
About
As of June 30, 2019, Global Partnerships (GP) had more than $108 million invested in 74 microfinance institutions, agricultural organizations serving small-holder farmers, and other social businesses in 20 countries in Latin America, the Caribbean and Sub-Saharan Africa. GP invests in social enterprises with sustainable solutions that help impoverished people increase their incomes and improve their lives, with investments in 14 distinct initiatives that address facets of poverty across livelihoods, education, energy, health, housing, and sanitation. The vast majority (more than 80%) of the funds invested by Global Partnerships are invested with micro-finance institutions.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “Global partnerships is an impact-first investor whose charitable mission is to expand opportunity for people living in poverty in developing countries around the world.”.
When referring to its actions, they were described as: “Global partnerships' mission is to expand opportunity for people living in poverty.”.
- According to the law, the state of operation reported by the non-profit is WA.
- As per the filing, the address of the non-profit for 2020 is 1932 FIRST AVENUE NO 400, SEATTLE, WA, 98101.
- According to their form, the non-profit as of 2020 has a total of 28 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,865,274.
- The organization has 10 independent voting members.
- The organization was formed in 2002.
- The organization pays $3,660,996 in salary, compensation, and benefits to its employees.
- The organization pays $610,743 in fundraising expenses.
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