Established | 1956 |
---|---|
President and Chief Executive Officer | Scott Jackson |
Staff | Managing Director, Finance & Accounting: Christina Hadden Vice President, CFC Administration: Victoria E. Adams Vice President, Human Resources and Administration: Stephanie Scholz Managing Director, Campaign Engagement: Brittany Mattfeld [1] |
Budget | US$166.8 Million (annually, FY2023) [2] |
Address | 2300 N St. NW, Suite 501A, Washington, DC 20037 |
Location | |
Website | www |
Global Impact is a non-profit organization offering advisory and infrastructure services that drive strategic philanthropy for nonprofit, public, and private sector clients. Global Impact has raised more than $2.5 billion for global charities since its inception in 1956. [3] Global Impact employs over 150 staff and is part of Global Impact Ventures, alongside Geneva Global, Capital for Good, and the GI Social Welfare Fund. [4] Global Impact has operations around the world, including Global Impact United Kingdom and Global Impact Canada.
The organization reports that it serves over 500 clients. In FY2022, Global Impact raised more than $55 million in total contributions, generating over $11 million in employee giving pledges and over $40.5 million in international and domestic assistance [3] for Charity Alliance partners including CARE, Heifer International, Save the Children, the U.S. Fund for UNICEF and World Vision. [5]
Global Impact serves as a fiscal sponsor to over 75 clients with over $100 million in assets, including the VaxSocial Initiative. It also administers employee assistance programs and creates and implements fundraising strategies for nonprofit clients. Clients of these services include MOAS, Islamic Relief USA, and Action Against Hunger.
Global Impact leads management, fundraising, and marketing for the Combined Federal Campaign, the federal government’s workplace giving campaign. In FY2022, it raised $72.6 million in monetary and volunteer pledges for CFC charities. [3]
Global Impact provides partner-specific advisory and infrastructure services; workplace fundraising and representation; campaign design, marketing, and implementation for workplace giving campaigns; and fiscal sponsorship [6] and technology services for nonprofit, corporate, and public sector clients. [7]
In 2014, Global Impact released "The Corporate Signature Program: A Custom Approach to Philanthropy", a white paper examining the growing practice of signature programs in corporate social investments. The white paper looked at why corporations invest in signature programs, what companies seek to achieve through their giving, what steps to take to create a signature program, and what types of models can be used for program management. It also provided examples of how some U.S. corporations have built their own successful signature programs. [8]
In 2017, Global Impact released “Donor Advised Funds: Democratizing Philanthropy to Change the World.” The white paper examines how donor advised funds (DAFs) can democratize personal giving in and beyond the workplace, and how employers can use DAFs to tie philanthropy to corporate social responsibility programs. [9]
In 2018, Global Impact and KPMG released the 2018 Giving Global Matrix, providing a snapshot of the complex and varied tax laws that incentivize, or disincentivize, philanthropic giving in 60 countries across North America, Latin America, Africa, Europe, Asia, and the Middle East. [10]
United Way is an international network of over 1,800 local nonprofit fundraising affiliates. Prior to 2015, United Way was the largest nonprofit organization in the United States by donations from the public. Individual United Ways mobilize a single fundraising campaign to raise money for various nonprofits, with most donations coming through payroll deductions.
Tides Foundation is a left-leaning donor advised fund based in the United States that manages over $1.4 billion in assets. It was founded in San Francisco in 1976 by Drummond Pike. Tides distributes money from anonymous donors to other organizations, which are often politically progressive. An affiliated group, Tides Advocacy, is a "massive progressive incubator." Tides has received substantial funding from George Soros.
Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises.
Blackbaud, Inc. is a cloud computing provider that supports nonprofits, foundations, corporations, education institutions, healthcare organizations, religious organizations, and individual change agents. Its products focus on fundraising, website management, CRM, analytics, financial management, ticketing, and education administration.
Matching funds are funds that are set to be paid in proportion to funds available from other sources. Matching fund payments usually arise in situations of charity or public good. The terms cost sharing, in-kind, and matching can be used interchangeably but refer to different types of donations.
John Douglas Arnold is an American philanthropist, former Enron executive, and founder of Arnold Ventures LLC, formerly the Laura and John Arnold Foundation. In 2007, Arnold became the youngest billionaire in the U.S. His firm, Centaurus Advisors, LLC, was a Houston-based hedge fund specializing in trading energy products that closed in 2012. He now focuses on philanthropy through Arnold Ventures LLC. Arnold is a board member of Breakthrough Energy Ventures and since February 2024, is a member of the board of directors of Meta.
In the United States, a donor-advised fund is a charitable giving vehicle administered by a public charity created to manage charitable donations on behalf of organizations, families, or individuals. To participate in a donor-advised fund, a donating individual or organization opens an account in the fund and deposits cash, securities, or other financial instruments. They surrender ownership of anything they put in the fund, but retain advisory privileges over how their account is invested, and how it distributes money to charities.
The Charities Aid Foundation (CAF) is a registered UK charity that operates in the United Kingdom, the United States of America and Canada. It works with companies, private philanthropists, regular donors, fellow foundations, governments, charities and not-for-profit enterprises to enable them to give more. Its stated purpose is to “accelerate progress in society towards a fair and sustainable future for all.”
Cause marketing is marketing done by a for-profit business that seeks to both increase profits and to better society in accordance with corporate social responsibility, such as by including activist messages in advertising.
Until 1969, the term private foundation was not defined in the United States Internal Revenue Code. Since then, every U.S. charity that qualifies under Section 501(c)(3) of the Internal Revenue Service Code as tax-exempt is a "private foundation" unless it demonstrates to the IRS that it falls into another category such as public charity. Unlike nonprofit corporations classified as a public charity, private foundations in the United States are subject to a 1.39% excise tax or endowment tax on any net investment income.
Scholarship America is a Minnesota-based American philanthropic organization that assists communities, corporations, foundations and individuals with fundraising, managing and awarding scholarships to students. The organization designs, administers and manages corporate and foundation scholarship programs; it also operates Dollars for Scholars, a coalition of local scholarship organizations in communities across the United States.
Candid is an information service specializing in reporting on U.S. nonprofit companies. In 2016, its database provided information on 2.5 million organizations. It is the product of the February 2019 merger of GuideStar with Foundation Center.
National Philanthropic Trust (NPT) is an American independent public charity that provides philanthropic expertise to donors, foundations and financial institutions. NPT ranks among the largest grantmaking institutions in the United States.
The Community Foundation of the Eastern Shore (CFES) was established in 1984, and is located in Salisbury, Maryland. Its mission is to "To strengthen our community by connecting people who care with causes that matter to improve quality of life in our region" and its vision is for "...a community where all can live, learn, work, create and prosper". It serves the three lower counties of the Eastern Shore of Maryland: Somerset, Wicomico, and Worcester.
Donors Trust is an American nonprofit donor-advised fund. It was founded in 1999 with the goal of "safeguarding the intent of libertarian and conservative donors". As a donor advised fund, Donors Trust is not legally required to disclose the identity of its donors, and most of its donors remain anonymous. It distributes funds to various conservative and libertarian organizations, and has been characterized as the "dark money ATM" of the political right.
GlobalGiving is a 501(c)(3) non-profit organization based in the United States that provides a global crowdfunding platform for grassroots charitable projects. Since 2002, more than 1.6 million donors on GlobalGiving have donated more than $750 million to support more than 33,000 projects in 175 countries.
FundRazr is a free crowdfunding and online fundraising platform released in 2009. FundRazr operates internationally in 35+ countries with the largest markets being United States, Canada, United Kingdom and Australia. It allows users to run a wide-range of crowdfunding campaigns by creating fundraising pages and sharing it via social media, messaging apps, email and more to raise money for over 100 types of causes such as nonprofit, medical care, education, community help, poverty alleviation, arts, memorials, and animal rescue causes. FundRazr also works with more than 4000 nonprofits, charities and social enterprises with an advanced fundraising toolset for free. The digital fundraising platform provides 8 different campaign types. They include microproject fundraising, peer-to-peer campaigns, wishlist campaigns, recurring donations, branded sponsorship campaigns, DIY projects, sweepstake campaigns, and storefront campaigns.
GivingTuesday, often stylized as #GivingTuesday for the purposes of hashtag activism, is the Tuesday after Thanksgiving in the United States. It is touted as a "global generosity movement unleashing the power of people and organizations to transform their communities and the world". An organization of the same name is an independent 501(c)(3) nonprofit that supports the global movement.
The Chicago Community Trust is the community foundation serving Chicago, suburban Cook County, and the Illinois counties of DuPage, Kane, Lake, McHenry, and Will. Established on May 12, 1915, it is the second largest community foundation in the country as of 2020, with assets of more than $4.5 billion. In fiscal year 2023, the Trust awarded more than $1.6 billion in grants and received more than $1.4 billion in contributions.
Charity assessment is the process of analysis of the goodness of a non-profit organization in financial terms. Historically, charity evaluators have focused on the question of how much of contributed funds are used for the purpose(s) claimed by the charity, while more recently some evaluators have placed an emphasis on the cost effectiveness of charities.