2024-10-29T15:40:02-05:00 2023-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2023-01-01 141945286 THE GLOBAL DEVELOPMENT INCUBATOR INC GLOB 2029877700 1401 K STREET NW 900 WASHINGTON DC 20005 ELIZABETH VANDERWOUDE CFO/TREASURER 2029877700 2024-10-29 1 0 AARON M FOX P01365820 2022274000 2024-10-29 2023 2024-10-15 13:58:12Z ELIZABETH VANDERWOUDE 1401 K STREET NW 900 WASHINGTON DC 20005 16985488 0 X WWW.GLOBALDEVINCUBATOR.ORG X 2005 NY DESIGN AND LAUNCH SERVICES FOR NEW SOCIAL IMPACT ORGANIZATIONS AND PARTNERSHIPS. 6 6 29 10 0 0 17732502 12437041 1864150 3609643 43036 794370 80605 144434 19720293 16985488 9273943 12103316 0 0 3255029 3615233 0 0 0 1521217 2931412 14050189 18649961 5670104 -1664473 23333318 17090052 10628805 6050012 12704513 11040040 X THE GLOBAL DEVELOPMENT INCUBATOR, INC. (GDI) PROVIDES STRATEGIC, OPERATIONAL, PROGRAMMATIC, AND IMPLEMENTATION SUPPORT SERVICES TO BUILD STARTUPS AND PARTNERSHIPS DRIVING SOCIAL IMPACT AROUND THE WORLD. 0 0 9137192 8486602 418482 I: AGRICULTURE FINANCE: (E.G. ACELI AFRICA, CSAF, ISF, RAF LL)GDI'S AGRICULTURE FINANCE FOCUS AREA AIMS TO ADDRESS CHALLENGES IN THE AGRICULTURE, SUSTAINABILITY, AND CLIMATE SECTORS. ISF ADVISORS PUBLISHES INDUSTRY LEADING RESEARCH ALONGSIDE FINANCIAL AND STRATEGIC ADVISORY WORK TO MOBILIZE CAPITAL TOWARDS A MORE SUSTAINABLE, EQUITABLE, AND PRODUCTIVE GLOBAL FOOD SYSTEM. ACELI AFRICA IS A FIRST OF ITS KIND MARKET INCENTIVE FACILITY ALIGNING CAPITAL SUPPLY AND DEMAND TO MOBILIZE $1.5 BILLION IN PRIVATE SECTOR LENDING TO SMALL AND MEDIUM ENTERPRISES IN THE AFRICAN AGRICULTURE SECTOR BY 2030. CSAF IS THE LEADING GLOBAL NETWORK OF LENDING PRACTITIONERS PROMOTING AN INCLUSIVE FINANCE MARKET FOR AGRICULTURAL SMES. THROUGH THESE INITIATIVES AND OTHER RELATED EFFORTS IN THE AGRICULTURE FINANCE PORTFOLIO, GDI BRINGS TOGETHER DIVERSE PLAYERS FROM ACROSS AGRICULTURE, FINANCE, AND CLIMATE, WHO OTHERWISE MAY HAVE NEVER COLLABORATED DESPITE THEIR SHARED GOALS. 1950446 2591577 485376 II. A. CLIMATE AND ECOSYSTEMS (RESILIENT WATER ACCELERATOR, COLIBRI CATALYST, CIRCULARITY PLATFORM) AND OTHER VENTURES (JOBS & LIVELIHOODS, FINANCING IMPACT)GDI'S CLIMATE AND ECOSYSTEMS PORTFOLIO IS TAKING A SYSTEMIC APPROACH TO CLIMATE ACTION BY SUPPORTING BOTH CLIMATE ADAPTATION AND MITIGATION EFFORTS, WITH A FOCUS ON ASIA AND AFRICA. GDI IS CURRENTLY INCUBATING THE RESILIENT WATER ACCELERATOR TO MOBILIZE PUBLIC-PRIVATE CAPITAL TO IMPLEMENT WATER PROJECTS THAT HELP THE MOST CLIMATE-VULNERABLE COMMUNITIES BUILD RESILIENCE. COLIBRI IS A BLENDED FINANCE FACILITY FOCUSED ON CATALYZING NATURE-BASED CLIMATE SOLUTIONS AND AIMING TO DEMONSTRATE HOW THEY CAN DRIVE FINANCIAL RETURNS. PARTNERING WITH THE IKEA FOUNDATION, GDI IS EXPLORING THE FEASIBILITY OF BUILDING A FUND AND PLATFORM (CIRCULARITY) FOR SUPPORTING PROMISING WASTE ENTERPRISES/INITIATIVES ACROSS THE VALUE CHAIN IN BOTH THE FORMAL AND INFORMAL WASTE SECTORS. 1437743 1025137 1494140 III: HEALTH: (E.G. LEAPFROG TO VALUE, MENTAL HEALTH, DISABILITY IMPACT FUND, HEALTH ENABLED, BUSINESS FOR HEALTH SOLUTIONS, NEPI)GDI'S HEALTH PORTFOLIO FOCUSES ON MOVING FROM VOLUME TO VALUE AND CUTS ACROSS ISSUES RANGING FROM MENTAL HEALTH TO COMMUNITY LIVELIHOODS, DIGITAL HEALTH SYSTEMS, AND EVERYTHING IN BETWEEN. THE LEAPFROG TO VALUE REPORT AND INITIATIVE HAS LED TO A PORTFOLIO OF PILOTS DESIGNED TO IMPROVE OUTCOMES AND COST-EFFECTIVENESS OF HEALTH SYSTEMS. THE GLOBAL DIGITAL HEALTH MONITOR IS A DATA PLATFORM THAT HELPS COUNTRIES TO BENCHMARK, PRIORITIZE, AND MONITOR DIGITAL HEALTH PROGRESS AT THE COUNTRY, REGIONAL, AND GLOBAL LEVELS. IN THE LEAD-UP TO ITS LAUNCH, IT WAS ADOPTED BY 62 COUNTRIES REPRESENTING MORE THAN 2.5 BILLION PEOPLE GLOBALLY. NURTUREFIRST IS A GLOBAL FUNDER AND CAPACITY BUILDER BRINGING TOGETHER THINKERS, DOERS, AND ACTIVISTS TO IMPROVE THE SYSTEMS THAT SUPPORT HOME-BASED CHILDCARE (HBCC) PROVIDERS GLOBALLY SO THEY CAN PROVIDE EVIDENCE-BASED, AFFORDABLE, CULTURALLY RELEVANT CHILDCARE WHEREVER THEY ARE. 1120683 MARGINALIZED POPULATIONS: (E.G. LABOR MOBILITY PARTNERSHIPS, GLOBAL FUND TO END MODERN SLAVERY, REFUGEE INVESTMENT NETWORK, PEOPLE ON THE MOVE, BLACK HOMES MATTER, MALENGO, JUSTICE RISING) 1049438 OTHER VENTURES 986377 JOBS AND LIVELIHOOD 970426 1211645 OTHER PROGRAMS 5813 FINANCING IMPACT 4132737 1211645 16658118 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 11 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ELIZABETH VANDERWOUDE 2026705998 1401 K STREET NW 900 WASHINGTON DC 20005 BRIAN MILDER DIRECTOR GDI - UNTIL 04/2023, CEO, ACELI AFRICA 12.00 28.00 X 87302 153557 15539 JASON WENDLE DIRECTOR 40.00 X 217724 0 42910 ANDREW STERN CEO 30.00 6.00 X 199677 0 35530 CHINTAN MARU SECRETARY 40.00 X 210368 0 24708 JESSICA HARRISON FULLERTON DIRECTOR 40.00 X 176683 0 35763 ELIZABETH VANDERWOUDE CFO/TREASURER 16.00 16.00 X 188265 0 13822 STEVEN BERGEN ASSOCIATE DIRECTOR 38.00 2.00 X 151466 0 24539 WILLIAM SYMINGTON ASSOCIATE DIRECTOR 40.00 X 150407 0 15603 ERNEST DARKOH BOARD DIRECTOR 2.00 X 0 0 0 GRANT GORDON BOARD DIRECTOR 2.00 X 0 0 0 YLVA LINDBERG BOARD DIRECTOR 2.00 X 0 0 0 ELCHI NOWROJEE BOARD DIRECTOR 2.00 X 0 0 0 GRETCHEN PHILLIPS BOARD DIRECTOR 2.00 2.00 X 0 0 0 BETHLEHEM SHIFERAW BOARD DIRECTOR - UNTIL 10/2023 2.00 X 0 0 0 BRIAN TRELSTAD BOARD DIRECTOR 2.00 2.00 X 0 0 0 1381892 153557 208414 12 0 1 0 PATRICIA MECHAEL 4101 ALBEMARLE ST NW SUITE 521 WASHINGTON DC 20016 PROFES. SERVICES, CONSULTANCY 224300 GDI SOUTH ASIA PRIVATE LIMITED MRCC GROUP LEXINGTON HIRANANDANI MAHARASHTRA IN 400607 PROFES. SERVICES, CONSULTANCY 212158 CARBEN VENTURES INC PO BOX 934 CHIMACUM WA 98325 PROFES. SERVICES, CONSULTANCY 144000 THE JOHNS HOPKINS UNIVERSITY 3400 N CHARLES STREET BALTIMORE MD 21218 PROFES. SERVICES, CONSULTANCY 116389 PALL KVARAN GULLAKUR 2 210 GARABR IC PROFES. SERVICES, CONSULTANCY 109626 7 81414 3494935 8860692 12437041 PROGRAM SERVICES 900099 3424482 3424482 MANAGEMENT FEE 900099 185161 185161 3609643 794370 794370 REIMBURSEMENTS 900099 144434 144434 144434 16985488 3609643 0 938804 X 9497867 9497867 2605449 2605449 672370 378246 294124 1918577 1442874 475703 130899 97441 33458 686225 493495 192730 207162 146619 60543 71535 45770 25765 97507 26111 71396 2027060 1576483 450577 6812 6041 771 73870 12514 61356 133192 40022 93170 11672 3053 8619 374709 263407 111302 23050 12612 10438 52308 52308 BOOKS/SUBSCRIPTIONS 47190 7995 39195 PROFESSIONAL DEV. 7646 1295 6351 LICENSES/MEMB./DUES 4861 824 4037 18649961 16658118 1991843 0 856911 1458649 483496 3826 3577552 3974436 221499 841096 33970 33976 5041 5041 0 0 15246261 9957786 2913629 820283 23333318 17090052 961625 1049814 6099186 381079 3567994 4619119 10628805 6050012 X 7878753 8465864 4825760 2574176 12704513 11040040 23333318 17090052 -1664473 0 X 0 1 X 1 1 1 X 9124879 10117708 9743735 17732502 12437041 59155865 9124879 10117708 9743735 17732502 12437041 59155865 11435351 47720514 16867 2599 1 43036 794370 856873 5903 5903 60018641 15454346 0.79510 0.76520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 5041 5041 0 0 REFUNDABLE GRANT ADVANCES 3886080 DUE TO RELATED PARTY 733039 4619119 X PART IV, LINE 2B: GDI ENTERED INTO AN AGREEMENT WITH THE AGENCY FUND TO ACT AS TRUSTEE AND FISCAL SPONSOR FOR THE AGENCY FUND AND ITS DONORS. UNDER THIS AGREEMENT, GDI RECEIVES DONOR FUNDING AND MAKES SUBAWARDS CONSIDERING THE AGENCY FUND INVESTMENT COMMITTEE'S RECOMMENDATIONS. AS PART OF THE ARRANGEMENT, GDI MONITORS THE FINANCIAL AND TECHNICAL PERFORMANCE OF THE AWARDEES AND IS ENTITLED TO A MANAGEMENT FEE AND INTEREST INCOME ON THE FUNDS HELD TO COVER THEIR COSTS. PART X, LINE 2: THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2023, AND DETERMINED THAT THERE ARE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. 1 SUB-SAHARAN AFRICA 0 18 PROGRAM SERVICES AGRICULTURE, HEALTH, RESEARCH & EDUCATION, REFUGEES 479989 EAST ASIA AND THE PACIFIC 0 3 PROGRAM SERVICES HEALTH, RESEARCH & EDUCATION, REFUGEES 54885 SOUTH ASIA 0 6 PROGRAM SERVICES HEALTH, RESEARCH, EDUCATION & CLIMATE CHANGE 367205 EUROPE (INCLUDING ICELAND & GREENLAND) 0 4 PROGRAM SERVICES HEALTH, RESEARCH & EDUCATION, CLIMATE CHANGE 310213 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES RESEARCH & EDUCATION 2522 SOUTH AMERICA 0 1 PROGRAM SERVICES RESEARCH & EDUCATION 6528 NORTH AMERICA (WHICH INCLUDES CANADA AND MEXICO, BUT NOT THE U.S.) 0 1 PROGRAM SERVICES HEALTH, RESEARCH & EDUCATION 10000 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 1418588 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 662566 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 524295 0 34 0 0 0 34 2649930 1186861 3836791 SUB-SAHARAN AFRICA SUBAWARDEE / PROGRAM SUPPORT 1418588 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC SUBAWARDEE / PROGRAM SUPPORT 662566 WIRE TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARDEE / PROGRAM SUPPORT 317840 WIRE TRANSFER 0 EUROPE (INCLUDING ICELAND & GREENLAND) SUBAWARDEE / PROGRAM SUPPORT 206455 WIRE TRANSFER 0 4 0 0 0 0 0 0 0 PART I, LINE 2: AFTER GDI DISTRIBUTES GRANTS, THEY REQUIRE GRANTEES TO PROVIDE FINANCIAL REPORTS AND WHERE RELEVANT ASSOCIATED BACK - UP DETAILS. IN ADDITION, THE DIRECTORS AND MANAGERS MONITOR THE INTERNATIONAL GRANTEES CLOSELY THROUGHOUT THE YEAR. THIS IS ACCOMPLISHED THROUGH REGULAR EMAIL COMMUNICATION, CONFERENCE CALLS, AND SITE VISITS AND IN SOME CASES THROUGH DETAILED MANAGEMENT OF THE ORGANIZATION'S FINANCIAL RECORDS. PART I, LINE 3: IN ACCORDANCE WITH IRS INSTRUCTIONS, ALL AMOUNTS REPORTED ON PART I AND PART II OF SCHEDULE F ARE REPORTED USING THE ACCRUAL BASIS OF ACCOUNTING, THE SAME METHOD OF ACCOUNTING USED IN THE FINANCIAL STATEMENTS. 1 ACELI AFRICA INC 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 843344516 501(C)(3) 7988757 0 PROGRAMS AND GENERAL SUPPORT ISF ADVISORS INC 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 871088927 501(C)(3) 424817 0 PROGRAMS AND GENERAL SUPPORT BUSINESS FOR HEALTH SOLUTIONS INTERNATIONAL INC 188 GRAND STREET SUITE 406 NEW YORK NY 10013 861741586 501(C)(3) 361875 0 PROGRAMS AND GENERAL SUPPORT ALLIANCE FOR GLOBAL WATER ADAPTATION INC 7640 N W HOODVIEW CIRCLE CORVALLIS OR 97330 833732786 501(C)(3) 306581 0 PROGRAMS AND GENERAL SUPPORT COLIBRI CATALYST INC 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 920740048 501(C)(3) 286573 0 PROGRAMS AND GENERAL SUPPORT GDI SOLUTIONS INC 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 881343562 501(C)(3) 129264 0 PROGRAMS AND GENERAL SUPPORT 6 0 PART I, LINE 2: AFTER GDI DISTRIBUTES GRANTS, THEY REQUIRE GRANTEES TO PROVIDE FINANCIAL REPORTS AND WHERE RELEVANT ASSOCIATED BACK - UP DETAILS. IN ADDITION, THE DIRECTORS AND MANAGERS MONITOR THE INTERNATIONAL GRANTEES CLOSELY THROUGHOUT THE YEAR. THIS IS ACCOMPLISHED THROUGH REGULAR EMAIL COMMUNICATION, CONFERENCE CALLS, AND SITE VISITS AND IN SOME CASES THROUGH DETAILED MANAGEMENT OF THE ORGANIZATION'S FINANCIAL RECORDS. X X 0 0 0 0 0 0 0 0 0 BRIAN MILDER DIRECTOR GDI - UNTIL 04/2023, CEO, ACELI AFRICA 87302 153557 0 0 0 0 4876 8170 991 1502 93169 163229 0 0 JASON WENDLE DIRECTOR 217724 0 0 0 0 0 13429 0 29481 0 260634 0 0 0 ANDREW STERN CEO 199677 0 0 0 0 0 11286 0 24244 0 235207 0 0 0 CHINTAN MARU SECRETARY 210368 0 0 0 0 0 11402 0 13306 0 235076 0 0 0 JESSICA HARRISON FULLERTON DIRECTOR 176683 0 0 0 0 0 11499 0 24264 0 212446 0 0 0 ELIZABETH VANDERWOUDE CFO/TREASURER 188265 0 0 0 0 0 11416 0 2406 0 202087 0 0 0 STEVEN BERGEN ASSOCIATE DIRECTOR 151466 0 0 0 0 0 9315 0 15224 0 176005 0 0 0 WILLIAM SYMINGTON ASSOCIATE DIRECTOR 150407 0 0 0 0 0 9112 0 6491 0 166010 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B GDI HIRES AN INDEPENDENT CPA FIRM TO PREPARE THE FEDERAL FORM 990. AFTER PREPARATION OF THE FEDERAL FORM 990, MANAGEMENT REVIEWS THE DRAFT FEDERAL FORM 990. ONCE ANY QUESTIONS OR CORRECTIONS ARE ADDRESSED, THE DRAFT FEDERAL FORM 990 IS THEN DISTRIBUTED TO THE FULL BOARD OF DIRECTORS PRIOR TO ELECTRONICALLY FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C A "CONFLICT OF INTEREST," ARISES WHEN A PERSON IN A POSITION OF AUTHORITY OVER AN ORGANIZATION, SUCH AS AN OFFICER, DIRECTOR, OR KEY EMPLOYEE, MAY BENEFIT. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. IN THE EVENT A CONFLICT OF INTEREST EXISTS, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THEN, THE CHAIR OF THE BOARD OF DIRECTORS OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF DIRECTORS OR COMMITTEE SHALL DETERMINE WHETHER GDI CAN OBTAIN WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 IN ORDER TO DETERMINE THE OFFICERS' COMPENSATION, MEMBERS OF THE BOARD OF DIRECTORS REVIEWING COMPARABLE DATA INFORMED BY MARKET RESEARCH AND OUTSIDE COUNSEL AS WELL AS VARIOUS SALARY SURVEYS. AFTER REVIEWING THE NECESSARY DATA, MEMBERS OF THE BOARD OF DIRECTORS WILL MAKE A FINAL DECISION REGARDING THE FINAL COMPENSATION AMOUNTS FOR ALL OFFICERS. A COMPENSATION SURVEY WAS LAST COMMISSIONED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 GDI MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROGRAM CONSULTING: PROGRAM SERVICE EXPENSES 887,718. MANAGEMENT AND GENERAL EXPENSES 241,547. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,129,265. CONTRACTORS: PROGRAM SERVICE EXPENSES 679,986. MANAGEMENT AND GENERAL EXPENSES 185,023. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 865,009. PAYROLL SERVICE: PROGRAM SERVICE EXPENSES 8,779. MANAGEMENT AND GENERAL EXPENSES 24,007. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,786. GDI SOLUTIONS LLC 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 854084086 FACILITATE GRANT FUNDING OPPORTUNITIES DC 1779601 643620 THE GLOBAL DEVELOPMENT INCUBATOR INC ACELI AFRICA INC 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 843344516 FINANCING AGRICULTURAL SMES IN AFRICA NY 501(C)(3) LINE 7 THE GLOBAL DEVELOPMENT INCUBATOR INC 1 ISF ADVISORS INC 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 871088927 SUSTAINABLE TRANSFORMATION OF FOOD SYSTEMS AND AGRICULTURAL SUPPLY DC 501(C)(3) LINE 7 THE GLOBAL DEVELOPMENT INCUBATOR INC 1 GDI SOLUTIONS INC 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 881343562 FACILITATE GRANT FUNDING OPPORTUNITIES DE 501(C)(3) LINE 7 THE GLOBAL DEVELOPMENT INCUBATOR INC 1 COLIBRI CATALYST INC 1007 GENERAL KENNEDY AVENUE SUITE 2 WASHINGTON DC 94129 920740048 ACCELERATES AND INCREASES THE FLOW OF CAPITAL TO REGENERATIVE AGRICULTURE DE 501(C)(3) LINE 7 THE GLOBAL DEVELOPMENT INCUBATOR INC 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 ACELI AFRICA INC B 7988757 ISF ADVISORS INC B 424817 COLIBRI CATALYST INC B 286573 GDI SOLUTIONS INC B 129264 ACELI AFRICA INC C 81414