2023-11-15T17:44:46-06:00 2022-12-31 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2022-01-01 273166994 GLOBAL IMPACT INVESTING NETWORK INC GLOB 6468377430 1 BATTERY PARK PLAZA SUITE 202 NEW YORK NY 10004 AMIT BOURI CEO 6468377430 2023-11-14 1 AMIT BOURI 999009999 0 MAGDALENA CZERNIAWSKI P00535099 2125038800 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AMIT BOURI 1 BATTERY PARK PLAZA SUITE 202 NEW YORK NY 10004 16484237 0 X THEGIIN.ORG X 2010 DE INCREASE THE SCALE AND EFFECTIVENESS OF IMPACT INVESTING AROUND THE WORLD. (SEE SCHEDULE O) IMPACT INVESTMENTS ARE INVESTMENTS MADE INTO COMPANIES, ORGANIZATIONS, AND FUNDS WITH THE INTENTION TO GENERATE SOCIAL AND ENVIRONMENTAL IMPACT ALONGSIDE A FINANCIAL RETURN. 7 6 52 6 0 0 3917761 10688663 2433490 5775148 3100 1411 25746 19015 6380097 16484237 0 67500 0 0 4761269 5088290 0 0 843115 2219970 3879756 6981239 9035546 -601142 7448691 6619298 16968824 1659972 4560807 4959326 12408017 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 (SEE SCHEDULE O)ENVIRONMENTAL IMPACT ALONGSIDE A FINANCIAL RETURN. 1 0 1716589 2621427 MEMBERSHIP: THE GIIN MEMBERSHIP NETWORK PROVIDES A PLATFORM FOR A DIVERSE, GLOBAL COMMUNITY OF MORE THAN 440 LIKE-MINDED 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. 1501637 2968562 GIIN IMPACT FORUM: THE GIIN IMPACT FORUM IS 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 2022, THE FORUM WAS HELD IN THE NETHERLANDS AND WELCOMED OVER 1,500 DELEGATES. 1291376 67500 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, IMPROVE INVESTOR DECISION-MAKING, AND ADVANCE THE PRACTICE OF IMPACT INVESTING. TO DATE, THE GIIN HAS PRODUCED OVER 64 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 MPACT LAB ENGAGES IN RESEARCH AND DEVELOPMENT OF IMPACT INTELLIGENCE TOOLS TO HELP IMPACT NVESTORS MAKE SENSE OF THEIR IMPACT PERFORMANCE OUTCOMES. 1086585 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. 745369 19015 COMMUNICATIONS & MARKETING: THE COMMUNICATIONS TEAM AT THE GIIN IS RESPONSIBLE FOR MANAGING THE BRAND OF THE ORGANIZATION, EXTERNAL COMMUNICATION, AND THE DISSEMINATION OF GIIN REPORTS AND TOOLS. THIS INCLUDES DEVELOPING ANNUAL COMMUNICATIONS STRATEGIES, MEDIA RELATIONS, DIGITAL STRATEGY AND CHANNELS INCLUDING THE GIIN WEBSITE AND THE CREATION AND EXECUTION OF THOUGHT LEADERSHIP CAMPAIGNS. 469977 3000 CAPITAL MOBILIZATION: THE GIIN'S CAPITAL MOBILIZATION PROGRAM AIMS TO INSPIRE ASSET OWNERS TO 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 INVESTORS LEARN HOW TO DEVELOP AN INTEGRATED APPROACH TO IMPACT INVESTING. THE PROGRAM ENGAGES ASSET OWNERS, GLOBALLY, PROVIDING RESOURCES AND EDUCATIONAL OPPORTUNITIES. 79449 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. 182159 IMPACT PRINCIPLES: LAUNCHED IN 2019, THE IMPACT PRINCIPLES SECRETARIAT OFFERS A FRAMEWORK FOR THE DESIGN AND IMPLEMENTATION OF IMPACT MANAGEMENT SYSTEMS, ENSURING THAT IMPACT CONSIDERATIONS ARE INTEGRATED THROUGHOUT THE INVESTMENT LIFECYCLE (THE IMPACT PRINCIPLES). IN 2022, THE GIIN BECAME THE HOST OF THE IMPACT PRINCIPLES SECRETARIAT. 2381380 204174 6890982 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 1 0 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 16 0 1 52 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X JESSICA ROSE CHIEF FINANCIAL OFFICER 6468377185 1 BATTERY PARK PLAZA SUITE 202 NEW YORK NY 10004 ELOY LINDEIJER BOARD MEMBER 1.00 X 0 0 0 KATHERINE LAUDERDALE BOARD MEMBER 1.00 X 0 0 0 MARIA HAKANSSON BOARD MEMBER 1.00 X 0 0 0 MARK GRIER CHAIR (OUTGOING) 1.00 X X 0 0 0 ROOPA KUDVA BOARD MEMBER 1.00 X 0 0 0 SCOTT KUPOR BOARD MEMBER 1.00 X 0 0 0 VIJAY ADVANI BOARD MEMBER 1.00 X 0 0 0 XAV DE SOUZA BRIGGS BOARD MEMBER (OUTGOING) 1.00 X 0 0 0 AMIT BOURI PRESIDENT & CEO 40.00 X 294797 0 83095 GISELLE LEUNG CHIEF PARTNERSHIPS OFFICER & VP 40.00 X 203525 0 59202 JESSICA ROSE CHIEF FINANCIAL OFFICER 40.00 X 153340 0 21659 SAPNA SHAH CHIEF PROGRAM & OPERATING OFFICER/SECRETARY 40.00 X 185620 0 71678 SEAN GILBERT CHIEF INVESTOR NETWORK OFFICER 40.00 X 177577 0 48007 ALPESH SHAH CONTROLLER 40.00 X 114097 0 65301 GERALDINE HAND CHIEF RESEARCH OFFICER 40.00 X 158971 0 53001 KELLY MCCARTHY CHIEF IMPACT OFFICER 40.00 X 166722 0 58086 NAOKO KIMURA DIRECTOR, MEMBERSHIP 40.00 X 117919 0 33945 SHARON KOSSOFF DIR, SPONSORSHIP & DONOR RELATIONS 40.00 X 135509 0 48014 1708077 0 541988 16 0 1 0 ANNA MUOIO 71 WALNUT STREET ARLINGTON MA 02476 CONSULTING 210000 1 10688663 10688663 CONFERENCES AND SEMINARS 900099 2968562 2968562 MEMBERSHIP DUES 900099 2621427 2621427 IMPACT PRINCIPLES 900099 182159 182159 CONSULTING INCOME 900099 3000 3000 5775148 1411 1411 MISCELLANEOUS INCOME 900099 19015 19015 19015 16484237 5794163 0 1411 X 67500 67500 1298500 723748 226008 348744 2749278 2219458 284729 245091 202768 155595 24427 22746 506615 389684 62320 54611 331129 235772 43391 51966 49299 43240 6059 2055629 1579884 463852 11893 115612 96706 14254 4652 77530 62530 8535 6465 492507 356740 61462 74305 119044 99602 8703 10739 18793 12909 3876 2008 119459 66666 52793 45425 36629 4373 4423 CONFERENCES AND MEETING 715695 715386 309 OTHER EXPENSES 37159 6361 28684 2114 EQUIPMENT PURCHASES 26242 17809 6678 1755 SUPPLIES 4175 2413 1183 579 3187 2350 122 715 9035546 6890982 1301449 843115 1441488 4310079 3292657 3294068 1073516 6091202 917 214731 181773 155291 691290 421002 389747 270288 239200 2633165 6619298 16968824 296655 760150 1127841 1180668 235476 2619989 1659972 4560807 X 3100769 4101267 1858557 8306750 4959326 12408017 6619298 16968824 7448691 0 X X 0 1 X 1 0 X 5725594 2076550 2769339 3917761 10688663 25177907 5725594 2076550 2769339 3917761 10688663 25177907 11546979 13630928 4913 7836 5198 3100 1411 22458 20007 9130 27607 25746 19015 101505 25301870 16145592 0.53870 0.53070 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 20,007. 2019 AMOUNT: $ 9,130. 2020 AMOUNT: $ 27,607. 2021 AMOUNT: $ 5,790. 2022 AMOUNT: $ 19,015. UBIT REFUND - 2021 AMOUNT: $ 5,451. FOREIGN CURRENCY GAIN - 2021 AMOUNT: $ 1,376. VAT REFUND - 2021 AMOUNT: $ 13,129. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 240182 78470 161712 251108 248088 3020 200000 94444 105556 270288 RESTRICTED CASH 239200 RIGHT OF USE ASSET 2393965 2633165 LEASE LIABILITY 2619989 2619989 X 16792870 308633 308633 16484237 0 16484237 9344179 308633 308633 9035546 0 9035546 PART X, LINE 2: THE ORGANIZATION BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 2 PROGRAM SERVICES OUTREACH, TRAINING, RESEARCH & CONFERENCE 1444379 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 2 PROGRAM SERVICES OUTREACH & TRAINING 242602 0 4 0 0 0 4 1686981 0 1686981 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 MAJORITY ACTION 8705 COLESVILLE ROAD 312 SILVER SPRING MD 20910 821105809 501(C)(3) 45000 0 TO SUPPORT WORK COMPLETED UNDER THE GIIN'S NCP IDEA GRANT CHALLENGE LIBERATION IN A GENERATION A PROJECT OF POLICY LINK 1438 WEBSTER STREET SUITE 303 OAKLAND CA 94612 943297479 501(C)(3) 22500 0 TO SUPPORT WORK COMPLETED UNDER THE GIIN'S NCP IDEA GRANT CHALLENGE 2 SCHEDULE I, PART I 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 THIS SUBGRANT THROUGH DISCUSSIONS WITH STAFF AND OTHERS, SITE VISITS, AND THE REVIEW OF RECORDS OR REPORTS, AS APPROPRIATE. X X 0 0 0 0 0 0 0 1 0 AMIT BOURI PRESIDENT & CEO 279797 0 15000 0 0 0 27149 0 55946 0 377892 0 0 0 GISELLE LEUNG CHIEF PARTNERSHIPS OFFICER & VP 182709 0 10000 0 10816 0 16180 0 43022 0 262727 0 0 0 SAPNA SHAH CHIEF PROGRAM & OPERATING OFFICER/SE 180620 0 5000 0 0 0 16457 0 55221 0 257298 0 0 0 SEAN GILBERT CHIEF INVESTOR NETWORK OFFICER 171740 0 5837 0 0 0 14467 0 33540 0 225584 0 0 0 KELLY MCCARTHY CHIEF IMPACT OFFICER 166722 0 0 0 0 0 15329 0 42757 0 224808 0 0 0 GERALDINE HAND CHIEF RESEARCH OFFICER 153971 0 5000 0 0 0 14605 0 38396 0 211972 0 0 0 SHARON KOSSOFF DIR, SPONSORSHIP & DONOR RELATIONS 130509 0 5000 0 0 0 12414 0 35600 0 183523 0 0 0 ALPESH SHAH CONTROLLER 114097 0 0 0 0 0 10800 0 54501 0 179398 0 0 0 JESSICA ROSE CHIEF FINANCIAL OFFICER 148340 0 5000 0 0 0 7863 0 13796 0 174999 0 0 0 NAOKO KIMURA DIRECTOR, MEMBERSHIP 116694 0 1225 0 0 0 10978 0 22967 0 151864 0 0 0 PART I, LINE 7 BONUS PAYMENTS ARE NONFIXED AND DISCRETIONARY. THE CEO'S BONUS IS APPROVED AT THE BOARD LEVEL. ALL OTHER STAFF BONUSES ARE APPROVED BY THE CEO. PART II, COLUMN B(III) THE AMOUNT IN COLUMN B(III) INCLUDES IMPUTED INCOME RELATED TO HEALTH INSURANCE FOR SOME INDIVIDUALS FORM 990, PART III, LINE 2 IN 2022, THE GIIN RESUMED HOLDING THE GIIN IMPACT FORUM AFTER IT HAD BEEN SUSPENDED DURING COVID-19. GIIN ALSO LAUNCHED A TRAINING & ACCREDITATION PROGRAM, LAUNCHED THE GIIN IMPACT LAB, AND BECAME HOST OF THE IMPACT PRINCIPLES SECRETARIAT. ALL OF THESE ARE FURTHER DESCRIBED IN 4A. ALSO INCLUDED IN 4A IS OUR CAPITAL MOBILIZATION INITIATIVE WHICH WAS NOT DELINIATED SEPARATELY ON OUR PRIOR YEAR 990 RETURN. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT, REVIEWED BY MANAGEMENT, AND APPROVED BY THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF MANAGEMENT AND THE BOARD OF DIRECTORS COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. EMPLOYEES MUST DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 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. FORM 990, PART VI, SECTION C, LINE 19 GLOBAL IMPACT INVESTING NETWORK MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,579,884. MANAGEMENT AND GENERAL EXPENSES 463,852. FUNDRAISING EXPENSES 11,893. TOTAL EXPENSES 2,055,629. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.