2024-10-25T10:24:48-05:00 2023-12-31 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2023-01-01 273166994 GLOBAL IMPACT INVESTING NETWORK INC GLOB 6468377430 ONE BATTERY PARK STE 202 NEW YORK NY 10004 SAPNA SHAH PRESIDENT 6468377430 2024-10-04 1 0 CHRISTOPHER B ANDERSON P00226559 2163630100 2023 2024-10-15 13:58:12Z AMIT BOURI ONE BATTERY PARK STE 202 NEW YORK NY 10004 10577276 0 X THEGIIN.ORG X 2010 DE INCREASE THE SCALE AND EFFECTIVENESS OF IMPACT INVESTING AROUND THE WORLD. IMPACT INVESTMENTS ARE INVESTMENTS MADE WITH THE INTENTION TO GENERATE POSITIVE SOCIAL AND ENVIRONMENTAL IMPACT ALONGSIDE A FINANCIAL RETURN. 8 7 65 8 0 0 10688663 3396092 5775148 7169493 1411 9656 19015 2035 16484237 10577276 67500 385800 0 0 5088290 6193908 0 0 879155 3879756 4894925 9035546 11474633 7448691 -897357 16968824 15751354 4560807 4240694 12408017 11510660 X THE GLOBAL IMPACT INVESTING NETWORK IS THE GLOBAL CHAMPION OF IMPACT INVESTING, DEDICATED TO INCREASING ITS SCALE AND EFFECTIVENESS AROUND THE WORLD. IMPACT INVESTMENTS ARE INVESTMENTS MADE WITH THE INTENTION TO GENERATE POSITIVE, MEASURABLE SOCIAL AND ENVIRONMENTAL IMPACT ALONGSIDE A FINANCIAL RETURN. 0 0 2676577 0 3575626 THE GIIN IMPACT FORUM: AN ANNUAL GATHERING OF IMPACT INVESTORS, WITH A REPUTATION FOR OFFERING ENGAGING CONTENT AND BRINGING TOGETHER A DIVERSE AUDIENCE OF IMPACT INVESTORS FROM AROUND THE WORLD. IN 2023, THE FORUM WAS HELD IN DENMARK AND WELCOMED OVER 1,500 DELEGATES. 2043687 0 3157266 MEMBERSHIP: THE GIIN MEMBERSHIP NETWORK PROVIDES A PLATFORM FOR A DIVERSE, GLOBAL COMMUNITY OF APPROXIMATELY 440 INVESTORS AND KEY STAKEHOLDERS TO DEEPEN ENGAGEMENT WITH IMPACT INVESTING BY CONNECTING WITH PEERS, AND SHARING EXPERIENCES AND LESSONS LEARNED. GIIN MEMBERS INCLUDE ASSET OWNERS, ASSET MANAGERS, AND SERVICE PROVIDERS THAT ARE ACTIVE IN DEVELOPED AND EMERGING MARKETS AND TARGET A RANGE OF ISSUE AREAS OR IMPACT THEMES. 1321687 0 6000 IRIS & IMPACT MEASUREMENT AND MANAGEMENT:THE GIIN WORKS TO ENABLE SOUND PRACTICE IN IMPACT MEASUREMENT AND MANAGEMENT BY MANAGING IRIS +, A CATALOG OF GENERALLY ACCEPTED PERFORMANCE METRICS THAT LEADING IMPACT INVESTORS CAN USE TO MEASURE SOCIAL, ENVIRONMENTAL, AND FINANCIAL SUCCESS. THE GIIN ALSO DEVELOPS RESOURCES FOR IMPACT INVESTORS SEEKING TO BUILD OR STRENGTHEN THEIR IMPACT MEASUREMENT STRATEGY. 3391149 385800 472373 OTHER PROGRAM SERVICES INCLUDE THE FOLLOWING:RESEARCH AND IMPACT LAB: WITH A FOCUS ON BRINGING CRITICAL MARKET INTELLIGENCE AND PRACTICE INSIGHTS TO THE MARKET, THE GIIN PRODUCES INFLUENTIAL AND HIGH-IMPACT RESEARCH THAT HELPS BUILD A STRONGER EVIDENCE BASE FOR IMPACT INVESTING, REDUCE OPACITY IN THE MARKET, SUPPORT IMPROVED INVESTOR DECISION-MAKING, AND ADVANCE THE PRACTICE OF IMPACT INVESTING. TO DATE, THE GIIN HAS PRODUCED OVER FIVE DOZEN CUTTING EDGE REPORTS DISTRIBUTED AS PUBLIC GOODS, INCLUDING THE FLAGSHIP ANNUAL IMPACT INVESTOR SURVEY THAT SERVES AS THE GO-TO 'STATE OF THE MARKET' REPORT. ADDITIONALLY, THE GIIN IMPACT LAB ENGAGES IN RESEARCH AND DEVELOPMENT OF IMPACT INTELLIGENCE TOOLS TO HELP IMPACT INVESTORS MAKE SENSE OF THEIR IMPACT PERFORMANCE OUTCOMES. CAPITAL MOBILIZATION: THE GIIN'S CAPITAL MOBILIZATION PROGRAM AIMS TO INSPIRE ASSET OWNERS TO VOLUNTARILY INTEGRATE IMPACT INVESTING INTO THEIR PORTFOLIO IN A SYSTEMATIC MANNER. TO DO THIS, THE PROGRAM BUILDS THE CASE FOR IMPACT INVESTING AND DEVELOPS KNOWLEDGE RESOURCES (E.G., GUIDES, BRIEFS, ETC.) TO HELP INTERESTED INVESTORS LEARN HOW TO DEVELOP AN INTEGRATED APPROACH TO IMPACT INVESTING. THE PROGRAM ENGAGES ASSET OWNERS, GLOBALLY, PROVIDING RESOURCES AND EDUCATIONAL OPPORTUNITIES. TRAINING AND ACCREDITATION: THE GIIN'S TRAINING AND ACCREDITATION PROGRAM TEAM IS RESPONSIBLE FOR CREATING A GLOBAL SKILL ACCREDITATION PROGRAM THAT DRIVES PROFESSIONAL IMPACT INVESTMENT PRACTICE EXCELLENCE. OPERATING PRINCIPLES FOR IMPACT MANAGEMENT: LAUNCHED IN 2019, THE OPERATING PRINCIPLES FOR IMPACT MANAGEMENT OFFERS A FRAMEWORK FOR THE DESIGN AND IMPLEMENTATION OF IMPACT MANAGEMENT SYSTEMS, ENSURING THAT IMPACT CONSIDERATIONS CAN BE VOLUNTARILY INTEGRATED THROUGHOUT THE INVESTMENT LIFECYCLE (THE IMPACT PRINCIPLES). IN 2022, THE GIIN BECAME THE HOST OF THE IMPACT PRINCIPLES SECRETARIAT. 3391149 385800 472373 9433100 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 65 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X JESSICA ROSE 6468377185 ONE BATTERY PARK PLAZA STE 202 NEW YORK NY 10004 ANTONY BUGG-LEVINE DIRECTOR 1.00 X 0 0 0 ROOPA KUDVA DIRECTOR 1.00 X 0 0 0 ELOY LINDEIJER DIRECTOR 1.00 X 0 0 0 VIJAY ADVANI DIRECTOR 1.00 X 0 0 0 MARIA HAKANSSON DIRECTOR 1.00 X 0 0 0 SCOTT KUPOR DIRECTOR 1.00 X 0 0 0 KATHERINE LAUDERDALE DIRECTOR 1.00 X 0 0 0 ROY SWAN DIRECTOR 1.00 X 0 0 0 AMIT BOURI CEO & PRESIDENT 40.00 X X 319524 0 69002 SAPNA SHAH CHIEF PROG.&OP.OFFICER AND SECY. 40.00 X 197621 0 54821 GISELLE LEUNG CHIEF PARTNERSHIPS OFFICER&VP 40.00 X 122166 0 22995 SEAN GILBERT CHIEF INVESTOR NETWORK OFFICER 40.00 X 193501 0 45730 GERALDINE HAND CHIEF RESEARCH OFFICER 40.00 X 178052 0 39796 LYNDA RADOSEVICH CHIEF COMMUN.&MARKET.OFFICER 40.00 X 173067 0 15576 JESSICA ROSE CHIEF FINANCIAL OFFICER 40.00 X 170760 0 28016 SHARON KOSSOFF DIRECTOR, SPONSORSHIP & DONOR RELATIONS 40.00 X 146973 0 38180 NAOKO KIMURA DIRECTOR, MEMBERSHIP 40.00 X 129895 0 24302 ANDY ZHANG DIRECTOR OF IT 40.00 X 129101 0 29623 ALPESH SHAH CONTROLLER 40.00 X 125788 0 52150 ELIZABETH CLLAHAN DIRECTOR, GLOBAL EVENTS 40.00 X 119571 0 21428 2006019 0 441619 15 0 1 0 THEORY OF WE 71 WALNUT ST ARLINGTON MA 02476 PROGRAMMATIC CONSULTANT 400144 MODO DESIGN GROUP 319 E FULTON ST STE 300 LANCASTER PA 17602 PROGRAMMATIC TECH.CONSULTANT 223484 TIGONI LLC 654 SYLVAN PLACE BATAVIA IL 60510 PROGRAMMATIC CONSULTANT 154390 VRS MEETING & EVENTS INC 7403 VENICE ST FALLS CHURCH VA 22043 EVENT CONSULTANTS 138864 DC DAMSKEY GLOBAL CONSULTING 8403 WESTMONT TERRACE BETHESDA MD 20817 PROGRAMMATIC CONSULTANT 111250 5 209761 3186331 3396092 CONFERENCES 900099 3575626 3575626 MEMBERSHIP DUES 900099 3157266 3157266 IMPACT PRINCIPLES SECRETARIAT 900099 391500 391500 TRAINING&ACCREDITATION FEES 900099 45101 45101 7169493 9656 9656 6000 6000 MISC.INCOME 900099 35772 35772 LOSS ON FOREIGN CURR.TRANS. 900099 -39737 -39737 -3965 10577276 7211265 0 -30081 X 340800 340800 45000 45000 1497289 1129891 198189 169209 3234231 2447154 427751 359326 321206 236234 42846 42126 741383 545258 98893 97232 399799 294037 53329 52433 514961 480877 31629 2455 119510 111600 7340 570 1585936 1420942 152863 12131 112224 112224 16064 10315 5229 520 123140 102716 12027 8397 548122 416306 70088 61728 197741 161883 18806 17052 28344 23364 3712 1268 84421 66667 17754 54708 46358 4407 3943 CONFERENCES&SEMINARS 1273519 1253103 32 20384 MINOR EQUIPMENT 37263 24888 3985 8390 TELECOMMUNICATIONS 36071 25869 6742 3460 SUPPLIES 7560 5338 1419 803 155341 132276 5337 17728 11474633 9433100 1162378 879155 4310079 5522784 3294068 3303390 6091202 3964289 214731 343205 155291 224736 691290 505423 270288 185867 2633165 2207083 16968824 15751354 760150 757566 1180668 1332172 2619989 2150956 4560807 4240694 X 4101267 5585011 8306750 5925649 12408017 11510660 16968824 15751354 -897357 0 X 0 1 X 1 0 X 2076550 2769339 3917761 10688663 3396092 22848405 2076550 2769339 3917761 10688663 3396092 22848405 9879353 12969052 7836 5198 3100 1411 15656 33201 9130 27607 25746 19015 -3965 77533 22959139 21256647 0.56490 0.53870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 9,130. 2020 AMOUNT: $ 27,607. 2021 AMOUNT: $ 5,790. 2022 AMOUNT: $ 19,015. 2023 AMOUNT: $ 35,772. UBIT REFUND - 2021 AMOUNT: $ 5,451. FOREIGN CURRENCY GAIN/LOSS - 2021 AMOUNT: $ 1,376. 2023 AMOUNT: $ -39,737. VAT REFUND - 2021 AMOUNT: $ 13,129. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 240182 94482 145700 251108 249830 1278 200000 161111 38889 185867 RESTRICTED CASH 239200 RIGHT-OF-USE ASSET 1967883 2207083 LEASE LIABILITY 2150956 2150956 X 11535443 958167 958167 10577276 0 10577276 12432800 958167 958167 11474633 0 11474633 PART X, LINE 2: FIN 48/ASC 740 FOOTNOTE: TAX STATUS - THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE GIIN BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 1 EAST ASIA AND THE PACIFIC 0 2 PROGRAM SERVICES OUTREACH AND TRAINING 244819 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 GRANTMAKING 45000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 2 PROGRAM SERVICES RECRUITING, OUTREACH, AND TRAINING 249325 EUROPE (INCLUDING ICELAND & GREENLAND) 0 20 PROGRAM SERVICES CONFERENCE 2688510 0 25 0 0 0 25 3227654 0 3227654 EUROPE (INCLUDING ICELAND & GREENLAND) NCP IDEA PLANNING GRANT 45000 0 1 0 0 0 0 0 0 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - PAYMENTS WERE MADE ONCE THE MILESTONES LISTED IN THE GRANT AGREEMENT WERE MET AND CONFIRMED BY OUR PROGRAM TEAM. GRANTEES ARE REQUIRED TO SUBMIT REPORTS ON USE OF FUNDS. 1 CLIMATE FINANCE 166 W BROOKLINE STE 2 BOSTON MA 02118 851115587 501(C)(3) 45000 0 NCP IDEA GRANT CHALLENGE POLICY LINK 1438 WEBSTER STREET SUITE 303 OAKLAND CA 94612 943297479 501(C)(3) 27500 0 NCP IDEA GRANT CHALLENGE POSSIBILITY LABS 1410 FRANKLIN STREET SUITE 135 SAN FRANCISCO CA 94109 853989363 501(C)(3) 45000 0 NCP IDEA GRANT CHALLENGE ROCKEFELLER PHILANTHROPY ADVISORS INC 120 BROADWAY FLR 43 NEW YORK NY 10271 133615533 501(C)(3) 16650 0 NCP IDEA GRANT CHALLENGE THE SHAREHOLDER COMMONS INC 32 ADARE PLACE NORTHAMPTON MA 01060 843285119 501(C)(3) 50000 0 NCP IDEA GRANT CHALLENGE RACIAL JUSTICE COALITION OF ASHEVILLE 70 SOUTH MARKET STREET ASHEVILLE NC 28801 882233142 501(C)(3) 45000 0 NCP IDEA GRANT CHALLENGE AMALGAMATED FOUNDATION 513 BOYD COURT TAKOMA PARK MD 20912 821517696 501(C)(3) 45000 0 NCP IDEA GRANT CHALLENGE NEW VENTURE FOUNDATION 1828 L STREET NW SUITE 300-A WASHINGTON DC 20036 205806345 501(C)(3) 61650 0 NCP IDEA GRANT CHALLENGE 8 PART I, LINE 2: MONITORING USE OF GRANT FUNDS - ALL GRANTEES AGREE VIA CONTRACT TO COMPLETE REPORTS ON THE MANNER IN WHICH THE FUNDS ARE SPENT AND THE PROGRESS MADE IN ACCOMPLISHING THE PURPOSE OF THE SUBGRANT. GRANTEES ALSO AGREE TO PERMIT GIIN AND/OR ITS AUTHORIZED REPRESENTATIVES TO MONITOR AND EVALUATE THE PROJECT FUNDED BY THE SUBGRANT THROUGH DISCUSSION WITH STAFF AND OTHERS, SITE VISITS, AND THE REVIEW OF RECORDS AND REPORTS, AS APPROPRIATE. X X 0 0 0 0 0 0 0 1 0 AMIT BOURI CEO & PRESIDENT 289524 0 30000 0 0 0 27769 0 41233 0 388526 0 0 0 SAPNA SHAH CHIEF PROG.&OP.OFFICER AND SECY. 187621 0 10000 0 0 0 17718 0 37103 0 252442 0 0 0 SEAN GILBERT CHIEF INVESTOR NETWORK OFFICER 178501 0 15000 0 0 0 15760 0 29970 0 239231 0 0 0 GERALDINE HAND CHIEF RESEARCH OFFICER 168052 0 10000 0 0 0 16328 0 23468 0 217848 0 0 0 JESSICA ROSE CHIEF FINANCIAL OFFICER 160760 0 10000 0 0 0 13190 0 14826 0 198776 0 0 0 LYNDA RADOSEVICH CHIEF COMMUN.&MARKET.OFFICER 166400 0 6667 0 0 0 15576 0 0 0 188643 0 0 0 SHARON KOSSOFF DIRECTOR, SPONSORSHIP & DONOR RELATI 136973 0 10000 0 0 0 13462 0 24718 0 185153 0 0 0 ALPESH SHAH CONTROLLER 125788 0 0 0 0 0 11997 0 40153 0 177938 0 0 0 ANDY ZHANG DIRECTOR OF IT 129101 0 0 0 0 0 11625 0 17998 0 158724 0 0 0 NAOKO KIMURA DIRECTOR, MEMBERSHIP 129895 0 0 0 0 0 12027 0 12275 0 154197 0 0 0 PART I, LINE 7 NON-FIXED PAYMENTS - DISCRETIONARY BONUS PAYMENTS ARE MADE TO SELECT EMPLOYEES. THE CEO'S BONUS IS APPROVED BY THE BOARD OF DIRECTORS. ALL OTHER STAFF BONUSES ARE APPROVED BY THE CEO. FORM 990, PART VI, SECTION A, LINE 4 CHANGES TO ORGANIZING DOCUMENTS - THE GIIN AMENDED ITS ARTICLES OF INCORPORATION IN OCTOBER, 2023. THE AMENDMENT CHANGED ARTICLE 4, SECTION 4.2 TO EXPAND ON THE LIMITATION OF DIRECTORS AND OFFICERS' LIABILILTY AND INDEMNIFICATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW - FORM 990 IS PREPARED BY THE INDEPENDENT PUBLIC ACCOUNTING FIRM, REVIEWED BY MANAGEMENT, AND APPROVED BY THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT POLICY - MEMBERS OF MANAGEMENT AND THE BOARD OF DIRECTORS COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY, ON WHICH ANY POTENTIAL CONFLICTS MUST BE DISCLOSED. IF A CONFLICT ARISES, THE PERSON(S) WITH THE CONFLICT IS/ARE NOT PERMITTED TO VOTE ON THE TRANSACTION. THE DECISION ABOUT THE TRANSACTION IS MADE IN THE BEST INTERESTS OF THE ORGANIZATION BY PEOPLE WHO ARE INDEPENDENT OF THE PERSON(S) WITH THE CONFLICT(S). FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL - COMPENSATION FOR THE CEO IS DETERMINED BY THE BOARD OF DIRECTORS. THEIR DECISIONS ARE BASED ON INFORMATION GARNERED THOUGH EXTERNAL CONSULTANTS OR COMPARISONS TO SALARIES PAID TO THE CHIEF EXECUTIVES OF PEER ORGANIZATIONS. SALARIES FOR EXECUTIVE TEAM MEMBERS ARE DETERMINED BY THE CEO USING MARKET DATA COLLECTED FROM PUBLIC SOURCES, OR THROUGH COMPENSATION CONSULTANTS WITH INFORMED KNOWLEDGE OF THE PERSONNEL MARKETS IN WHICH THE GIIN OPERATES. DECISIONS ABOUT COMPENSATION ARE MADE BY PERSONS WHO ARE INDEPENDENT OF THE PERSON FOR WHOM THE COMPENSATION IS BEING DETERMINED. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS - THE GIIN MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,420,942. MANAGEMENT AND GENERAL EXPENSES 152,863. FUNDRAISING EXPENSES 12,131. TOTAL EXPENSES 1,585,936.