2020-02-11T21:00:44-06:00 2019-03-31 SMITH & HOWARD PC 271 17TH STREET NW SUITE 1600 ATLANTA GA 30363 990 2018-04-01 371552838 GSMA MOBILE FOR DEVELOPMENT FOUNDATION INC % LAWRENCE YANOVITCH GSMA 6782816600 165 OTTLEY DR NE Suite 150 ATLANTA GA 30324 LOUISE EASTERBROOK Treasurer 6782816600 2020-02-17 true MARC A AZAR P91739349 4048746244 2020-02-17 50.58.246.46 67983820200425000014 2020-02-11 P 32F818A25FF1E66BC404F8CE14DCD23EB7EF77E5 2EA91BA41FBA7771BF8B04AF9BC4AB5C0BC1C96D 2018 2020-04-17 16:48:07Z LAWRENCE YANOVITCH 165 OTTLEY DR NE 150 ATLANTA GA 30324 24266174 false X N/A X 2007 GA THE FOUNDATION WAS CREATED FOR THE PURPOSE OF DEVELOPING & ENGAGING IN PROJECTS THAT UTILIZE MOBILE COMMUNICATIONS TO RELIEVE THE POOR, DISTRESSED, AND UNDERPRIVILEGED. 7 3 7 10 0 20669618 24036435 0 0 24989 58560 0 171179 20694607 24266174 4531747 5908811 0 0 6007702 6879202 0 0 503783 10155228 11478215 20694677 24266228 -70 -54 10543677 12648464 9421336 12595222 1122341 53242 X GSMA MOBILE FOR DEVELOPMENT FOUNDATION, INC WAS CREATED FOR THE PURPOSE OF DEVELOPING AND ENGAGING IN PROJECTS THAT UTILIZE MOBILE COMMUNICATIONS TO RELIEVE THE POOR, THE DISTRESSED, AND THE UNDER-PRIVILEGED. false false 4814136 3276041 Ecosystem Accelerator : Our mission is to build synergies between start-ups and mobile operators, with the aim to scale innovative and sustainable mobile services in emerging markets. Despite an increasing number of mobile products and services in emerging markets, reaching scale is still a challenge for most. The GSMA Ecosystem Accelerator works to bridge the gap between operators and innovators, enabling strong partnerships that support the growth of commercially sustainable mobile products and services. By opening the dialogue between innovators and operators, the programme helps operators contribute their assets and expertise to the most promising ideas. This will in turn support innovators to secure the funding and direction they require in order to bring their products and services to scale. In fostering these partnerships, we can bring the most impactful mobile solutions to the people and places that need them most, generating the greatest socio-economic impact. 3015787 1921496 M4D Utilities: The Mobile for Development Utilities Programme promotes the use of mobile networks, infrastructure and payment systems to open new pathways for affordable and reliable utility services to reach the underserved. These innovations for service delivery boost industry and economic growth, for example by enabling entrepreneurial phone charging services in remote areas, or reducing water service providers losses from water leakage or uncollected bills. 3610886 Mobile Money: Our mission is to support our members and industry stakeholders to increase the utility and sustainability of mobile money services and increase financial inclusion. Two billion people remain unbanked, without access to safe, secure and affordable financial services. The GSMA Mobile Money Programme is working with mobile operators and industry stakeholders to create a robust mobile money ecosystem, which will increase the relevancy and utility of these services, and ensure their sustainability. To truly transform the financial lives of underserved people, mobile money must become a central monetization mechanism, universally available across a greater range of digital transactions. By making mobile money more central to the financial lives of these users, greater financial inclusion, economic empowerment and economic growth can be achieved. 2693955 711274 MOBILE FOR HUMANITARIAN INNOVATION 2073481 AGTECH FOR DEVELOPMENT 1468831 CONNECTED WOMEN 1229643 DIGITAL IDENTITY 1226291 CONNECTED SOCIETY 447431 MHEALTH 287694 M4D INITIATIVES 191593 SUSTAINABILITY 14484 ASSISTIVE TECH 9633403 711274 21074212 true true false false false false false false false false false false false false false true true true false true true true false false false false false true false true false false false false false false false true false false false false false true false true false true 19 0 7 false true UK false false false false false false false false false false X 7 3 true false false false true true true true true false false false true true true true false true true false GA X LAWRENCE YANOVITCH 6782816616 165 OTTLEY DR NE STE 150 ATLANTA GA 30324 X Sigve Brekke Board of Directors 2.0 0.0 X 0 0 0 Nasser Marafih Board of Directors 2.0 0.0 X 0 0 0 Assaad Jabre Board of Directors 2.0 0.0 X 0 0 0 Kaan Terzioglu Board of Directors 2.0 1.0 X 0 0 0 Rob Shuter Board of Directors 2.0 0.0 X 0 0 0 Amolo Ng'weno Board of Directors 2.0 0.0 X 0 0 0 Karen Halazon Board of Directors 2.0 0.0 X 0 0 0 Mats Granryd Director General 2.0 40.0 X X 0 2265657 0 Louise Easterbrook Treasurer 2.0 40.0 X X 0 726446 0 John Giusti Board of Directors 2.0 40.0 X 0 533377 16670 Lawrence Yanovitch President 40.0 0.0 X 294103 0 0 David Walsh General Counsel 10.0 30.0 X 0 431155 27225 Yasmina McCarty Head of Mobile for Development 40.0 0.0 X 279581 0 27809 Claire Sibthorpe Head of Connected Women 40.0 0.0 X 158945 0 21951 Gerry Rasugu Mobile for Development Directo 40.0 0.0 X 165286 0 9006 Natalia Pshenichnaya Head of mNutrition 40.0 0.0 X 171303 0 16636 Max Cuvellier Head of Ecosystem Accelerator 40.0 0.0 X 175100 0 7807 Kyla Reid Head of Digital Identity and D 40.0 0.0 X 197672 0 5578 Areef Kassam Head of M4D Utilities 40.0 0.0 X 185088 0 0 Ilana Cohen Market Engagement Director 40.0 0.0 X 110793 0 6061 Anne Euler Sustainability Director 40.0 0.0 X 125548 0 11013 Genaro Cruz Senior Market Engagement and A 40.0 0.0 X 112272 0 2733 Philippe Bellordre Head of Programme Delivery - A 40.0 0.0 X 173696 0 35903 Anant Euler Snr Manager, Inclusive Fintech 40.0 0.0 X 119562 0 4071 2268949 3956635 192463 24 false true false PROJECT PEOPLE WHITEFRIARS LEWINS MEAD BRISTOL AVON UK BS1 2NT CONTRACTORS- STAFF 1895232 Coffey International Development Lt THE MALTHOUSE 1 NORTHFIELD ROAD READING 0 UK RG1 8AH FUND MANAGER 467527 PROMETHEAN LEGAL SERVICES PLLC 66 BIG ROCK RD RYE NH 03870 CONSULTANT- LEGAL 325194 BANKABLE FRONTIER ASSOCIATES LLC 259 ELM ST 200 SOMERVILLE MA 02144 CONSULTANT RESEARCH 257254 ALTAI CONSULTING 43 RUE LA FAYETTE PARIS 0 FR 75009 CONSULTANT RESEARCH 566801 15 1938779 18526733 3570923 24036435 0 58560 58560 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FOREIGN EXCHANGE GAIN 171179 171179 171179 24266174 229739 X 481245 481245 0 5427566 5427566 0 1970740 1478055 492685 0 4082048 3775730 255779 50539 242174 211163 27979 3032 0 584240 505265 72791 6184 482689 482689 282287 146851 135436 56817 56817 0 0 0 8041457 6040587 1557638 443232 584071 584071 38210 38210 91489 91489 0 0 1507938 1423249 83893 796 0 385448 384806 642 0 0 0 0 BANK FEES 7809 3236 4573 24266228 21074212 2688233 503783 10453910 12615025 0 0 0 0 89767 33439 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10543677 12648464 3996570 7728910 0 0 5424766 4866312 0 0 0 0 0 0 0 0 0 0 0 0 9421336 12595222 X 1122341 53242 0 0 0 0 1122341 53242 10543677 12648464 X -54 -1069045 X false true X true true true X X 1 GSM ASSOCIATION 980506316 10 true 21074212 0 GSMA LTD 204991061 10 true 0 0 2 21074212 true false true true true true true true false false false false false false false false false false false true false PART IV, SECTION A, LINE 3B Officers and directors of the foundation have seen and reviewed the GSM Association's determination letter from the IRS that it has been recognized as an organization described by Section 501(C)(6) of the Internal Revenue Code. At the Foundation's request, the GSM Association prepared a pro forma Schedule A, Part III during the taxable year and provided a copy to the Foundation. Public support percentage for the prior and current year are as follows: FYE 03/31/2018 - 35% FYE 03/31/2019 - 32% As part of the Association's measures for the fiscal year ending March 31, 2020, they are actively planning to bring the public support back over the 33 1/3% threshold. PART IV, SECTION A, LINE 3C THE FOUNDATION HAS IMPLEMENTED A PROGRAM MANAGEMENT PROCESS TO ASSURE THAT THE SUPPORT PROVIDED TO THE GSM ASSOCIATION IS USED ONLY FOR SECTION 170(C)(2)(B) PURPOSES. AS PART OF THAT PROCESS, THERE ARE REGULAR AND CONTINUOUS DISCUSSIONS BETWEEN FOUNDATION PERSONNEL AND THE GSM ASSOCIATION PERSONNEL RESPONSIBLE FOR MANAGING THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PROGRAMS CONDUCTED DIRECTLY BY THE GSM ASSOCIATION. THAT REGULAR WORKING RELATIONSHIP WITH THOSE GSMA ASSOCIATION PERSONNEL ALLOWS THE FOUNDATION PERSONNEL TO ASSURE THEMSELVES THAT EACH PROGRAM TO BE SUPPORTED BY THE FOUNDATION EXCLUSIVELY FURTHERS SECTION 170(C)(2)(B) PURPOSES. IN ADDITION, ONCE A PROGRAM HAS BEEN APPROVED FOR FOUNDATION SUPPORT, THE FOUNDATION DISBURSES FUNDS IN A MANNER THAT ASSURES THE PROPER USE OF THOSE FUNDS. EVERY MONTH THE FOUNDATION OBTAINS FROM THE GSM ASSOCIATION A CALCULATION OF THE ACTUAL EXPENSES OF EACH APPROVED PROGRAM INCURRED DURING THE PRECEDING MONTH. AFTER THE FOUNDATION CONFIRMS THE ACCURACY OF THOSE EXPENSES AND THAT THEY WERE PROPERLY ALLOCABLE TO AN APPROVED PROGRAM, THE FOUNDATION RELEASES THAT AMOUNT OF FUNDS TO THE GSMA ASSOCIATION TO REIMBURSE IT FOR THOSE EXPENSES. PART IV, SECTION A, LINE 4B AS DESCRIBED IN THE RESPONSE TO SECTION A, LINE 3C, THE FOUNDATION AND THE GSM ASSOCIATION HAVE ESTABLISHED A PROCESS TO ASSURE THAT GRANTS PROVIDED TO THE GSM ASSOCIATION ARE USED ONLY FOR SECTION 170(C)(2)(B) PURPOSES. AS A RESULT, A REQUEST BY THE GSM ASSOCIATION FOR A GRANT TO SUPPORT A PROGRAM OR PROJECT SERVING DIFFERENT PURPOSES WOULD NOT BE HONORED BY THE FOUNDATION. IN ADDITION, THE FOUNDATION HAS AN ESTABLISHED PRACTICE OF RESERVING TWO OR MORE SEATS ON ITS BOARD OF DIRECTORS FOR INDEPENDENT DIRECTORS. IF A CONFLICT OF INTEREST WERE TO ARISE FROM A GRANT REQUEST MADE BY THE GSMA ASSOCIATION, A COMMITTEE CONSISTING SOLELY OF THOSE INDEPENDENT DIRECTORS WOULD BE THE ULTIMATE ARBITERS OF HOW THE FOUNDATION'S FUNDS WOULD BE USED. PART IV, SECTION A, LINE 4C SEE RESPONSE TO PART IV, SECTION A, LINE 3C. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 24094996 24094996 171178 171178 24266174 25164094 897866 897866 24266228 24266228 Schedule D, Part X, Line 2 GSMA Mobile for Development Foundation, Inc. develops and engages in projects that advance charitable, educational, literary or scientific purposes, within the meaning of Section 501(c)(3) of the Internal Revenue Code, and is exempt from federal income tax as an Foundation described by Section 501 (c) (3). Specifically, the Foundation was created for the purpose of developing and engaging in projects that utilize mobile communications to relieve the poor, the distressed or the under privileged. The Foundation annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Foundation takes meet the definition of an uncertain tax position under the Income Taxes Topic, Accounting Standards Codification 740, of the Financial Accounting Standards Codification. In the normal course of business, the Foundation is subject to examination by the federal and state taxing authorities. In general, the Foundation is no longer subject to tax examinations for the tax years ending before March 31, 2016. SCHEDULE D, PART XI, LINE 4B FOREIGN EXCHANGE GAIN: 171,178 SCHEDULE D, PART XII, LINE 2D UNREALIZED FOREIGN CURENCY TRANSLATION ADJUSTMENTS: 897,866 true South Asia Grantmaking 1070590 Europe (Including Iceland and Greenland) Grantmaking 1104064 Sub-Saharan Africa Grantmaking 2924602 Middle East and North Africa Grantmaking 74318 Central America and the Caribbean Grantmaking 137181 East Asia and the Pacific Grantmaking 116811 5427566 5427566 Europe (Including Iceland and Greenland) M4D Utilities 156599 wire Europe (Including Iceland and Greenland) M4D Utilities 97307 wire Sub-Saharan Africa M4D Utilities 90909 wire Europe (Including Iceland and Greenland) Ecosystem Accelerator 158816 wire South Asia M4D Utilities 48345 wire South Asia Ecosystem Accelerator 65249 wire South Asia Ecosystem Accelerator 184027 wire South Asia Ecosystem Accelerator 195801 wire South Asia Ecosystem Accelerator 53368 wire South Asia Ecosystem Accelerator 131124 wire South Asia Ecosystem Accelerator 54947 wire Sub-Saharan Africa Ecosystem Accelerator 100724 wire Sub-Saharan Africa Ecosystem Accelerator 127939 wire Sub-Saharan Africa Ecosystem Accelerator 91863 wire Sub-Saharan Africa Ecosystem Accelerator 119013 wire Sub-Saharan Africa Ecosystem Accelerator 78563 wire Sub-Saharan Africa M4D Utilities 150765 wire Sub-Saharan Africa Ecosystem Accelerator 20013 wire Sub-Saharan Africa Ecosystem Accelerator 116982 wire Sub-Saharan Africa Ecosystem Accelerator 174380 wire Sub-Saharan Africa M4D Utilities 73899 wire Sub-Saharan Africa M4D Utilities 29636 wire Sub-Saharan Africa Ecosystem Accelerator 120826 wire Sub-Saharan Africa Ecosystem Accelerator 73078 wire Sub-Saharan Africa Ecosystem Accelerator 165029 wire Sub-Saharan Africa Ecosystem Accelerator 63890 wire Sub-Saharan Africa Ecosystem Accelerator 142829 wire Sub-Saharan Africa M4D Utilities 108139 wire South Asia Ecosystem Accelerator Program 49834 wire South Asia Ecosystem Accelerator Program 142421 wire South Asia Ecosystem Accelerator Program 107141 wire South Asia Ecosystem Accelerator Program 38334 wire Europe (Including Iceland and Greenland) Mobile for Humanitarian Program 47040 wire Europe (Including Iceland and Greenland) Mobile for Humanitarian Program 156600 wire Europe (Including Iceland and Greenland) M4D Utilities Program 111619 wire Europe (Including Iceland and Greenland) Mobile for Humanitarian Program 91035 wire Europe (Including Iceland and Greenland) Mobile for Humanitarian Program 156315 wire Europe (Including Iceland and Greenland) M4D Utilities Program 38735 wire Sub-Saharan Africa Ecosystem Accelerator Program 129875 wire Sub-Saharan Africa Ecosystem Accelerator Program 42167 wire Sub-Saharan Africa M4D Utilities Program 98493 wire Sub-Saharan Africa Ecosystem Accelerator Program 59801 wire Sub-Saharan Africa Ecosystem Accelerator Program 94945 wire Sub-Saharan Africa Ecosystem Accelerator Program 77524 wire Sub-Saharan Africa Ecosystem Accelerator Program 85722 wire Sub-Saharan Africa M4D Utilities Program 98896 wire Sub-Saharan Africa M4D Utilities Program 128000 wire Sub-Saharan Africa Mobile for Humanitarian Program 260705 wire Middle East and North Africa M4D Utilities Program 74318 wire Central America and the Caribbean M4D Utilities Program 137181 wire East Asia and the Pacific Ecosystem Accelerator Program 83908 wire East Asia and the Pacific Ecosystem Accelerator Program 32903 wire Europe (Including Iceland and Greenland) M4D Utilities Program 90000 wire 53 false false false false false false SCHEDULE F, PART I, LINE 2 The Foundation keeps a close monitoring of all sub-grants directly and through a Fund Manager. This monitoring includes periodic visits, quarterly financial and project progress report and monthly meetings with the sub-grantees in order to ensure the project is going as expected and funds are being spent accordingly with the sub-grant agreement. SCHEDULE F, PARTS I & II All grantee organizations received payments from the foundation in US dollars and are reported on Schedule F, Parts I and II. true SAFE WATER NETWORK 122 EAST 42ND STREET SUITE 2600 NEW YORK NY 10168 248581 M4D Utilities Programme WIST INC 7705 SUMAC RD RIVING TX 75063 139655 M4D Utilities Programme MATONTINE INC 3510 BAINBRIDGE AVENUE SUITE S5 BRONX NY 10467 93009 M4D Utilities Programme 3 SCHEDULE I, PART I, LINE 2 The Foundation has implemented a program management process which requires periodic activity reports which detail the program service activities, as well as conducting regular reviews and discussions between the program managers and staff. Additionally, each grantor has specific reporting requirements that provide an additional layer of oversight on program activities. X true false X X X false false false false false false false true false Mats Granryd Director General 0 676969 0 1120919 0 467769 0 0 0 0 0 2265657 0 0 Louise Easterbrook Treasurer 0 363021 0 325392 0 38033 0 0 0 0 0 726446 0 0 David Walsh General Counsel 0 302496 0 128659 0 0 0 27225 0 0 0 458380 0 0 Yasmina McCarty Head of Mobile for Development 186822 0 60486 0 32273 0 27809 0 0 0 307390 0 0 0 Claire Sibthorpe Head of Connected Women 124044 0 25398 0 9503 0 21951 0 0 0 180896 0 0 0 Gerry Rasugu Mobile for Development Directo 150104 0 15182 0 0 0 9006 0 0 0 174292 0 0 0 Natalia Pshenichnaya Head of mNutrition 146426 0 24877 0 0 0 16636 0 0 0 187939 0 0 0 Max Cuvellier Head of Ecosystem Accelerator 145779 0 29321 0 0 0 7807 0 0 0 182907 0 0 0 Philippe Bellordre Head of Programme Delivery - A 130004 0 43692 0 0 0 35903 0 0 0 209599 0 0 0 Kyla Reid Head of Digital Identity and D 162124 0 31752 0 3796 0 5578 0 0 0 203250 0 0 0 Areef Kassam Head of M4D Utilities 185088 0 0 0 0 0 0 0 0 0 185088 0 0 0 Lawrence Yanovitch President 294103 0 0 0 0 0 0 0 0 0 294103 0 0 0 John Giusti Board of Directors 301508 231869 16670 550047 PART I, LINE 1A THE COMPANY HAS A POLICY THAT FOR ALL BUSINESS TRIPS WHICH INCLUDE A LONG HAUL FLIGHT (DEFINED AS FLIGHT TIME OF 4 HOURS OR LONGER) THE EMPLOYEE WILL BE REIMBURSED FOR A BUSINESS-CLASS TICKET AT THE EMPLOYEE'S OPTION. HE/SHE MAY ELECT TO PURCHASE TWO ECONOMY/COACH CLASS TICKETS AND HAVE THEIR SIGNIFICANT OTHER ACCOMPANY THEM PROVIDED THAT THE COST OF THESE TWO TICKETS ARE LESS THAN THE COMPARABLE BUSINESS CLASS FARE. PART I, LINE 7 AN OFFICER AND A KEY EMPLOYEE OF THE ORGANIZATION RECEIVED NON-FIXED BONUSES, PAID THROUGH A RELATED ORGANIZATION, OF WHICH THERE IS A COMMON PAYMASTER. Amolo Ng'weno OFFICER CEO/BOARD MEMBER 257254 CONTRACT SERVICE false PART IV LINE 1: BOARD MEMBER OF THE FOUNDATION IS THE CEO OF BANKABLE FRONTIER. Part VI, Line 2 Three directors or Officers of the company, David Walsh, John Guisti, Louise Easterbrook and Mats Granryd had a business relationship during the tax year. Part VI, Line 6 The Company is a nonprofit corporation formed under Georgia law. Its sole member is the GSM Association, acting through its United States branch office. Part VI, Line 7a GSM Association, as the sole member of the Foundation, has the power to appoint the Foundation's directors. Part VI, Line 7b The Company's annual operating budget is subject to approval by the Board Members and of the sole member, GSM Association. Part VI, Line 11b THE 990 IS REVIEWED BY SENIOR MEMBERS OF THE MANAGEMENT TEAM. Part VI, Line 12c Directors and officers are required to execute annual written certifications of compliance with the conflict of interest policy. Any exceptions must be disclosed and reviewed by the organization. The directors and officers have certified their compliance with the policy for this tax year. Part VI, Lines 15a & 15b The sole member's human resources staff performs benchmarking studies to determine all officer compensation packages. These studies utilize external data on each element of the packages including base salary, incentive compensation, and benefit programs. The sole member's company CEO approved the compensations package for the organization's CEO and other officers. Part VI, Line 19 The company maintains public disclosure copies of its governing documents, conflict of interest policy and financial statements at its principal office. These copies are available upon a written or in-person request for access. Part VII, Reportable Compensation GSMA Mobile for development foundation, Inc is a common paymaster with GSMA LTD and GSM Association. The portion paid back to each of the organizations for the Foundation's officers, key employees, and highest compensated employees are reported in column D in part VII accordingly. Part XI, Line 9 Unrealized Foreign Translation Adjustments: -1,069,045 FORM 990 PART IX LINE 11G DESCRIPTION:INDEPENDENT CONTRACTORS TOTAL FEES:1828273 FORM 990 PART IX LINE 11G DESCRIPTION:MONITORING & EVALUATION TOTAL FEES:752939 FORM 990 PART IX LINE 11G DESCRIPTION:RESEARCH TOTAL FEES:3602900 FORM 990 PART IX LINE 11G DESCRIPTION:SERVICE LEVEL AGREEMENT TOTAL FEES:1857345 GSM Association FLOOR 2 WALBROOK WALBROOK BLDG london UK EC4N 8AF 980506316 Trade Assoc. UK 501(c)(6) NA GSMA Limited 165 OTTLEY DR NE STE 150 ATLANTA GA 30324 204991061 trade assoc. GA 501(c)(6) NA GSMA BRASIL TELECOMUNICACOES LTDA 17th floor av das nacoes unidas sao paulo BR 12551 DIGITAL ADVOC BR GSM ASSOCIATION c corp 872947 166867 1.00000 false GSMA SERVICES INDIA PRIVATE LIMITED LEV 1 PARSVNATH TOWER BHAI VEER SINGH MARG NEW DELHI IN 110001 DIGITAL ADVOC IN GSM ASSOCIATION c corp 1626098 1219157 1.00000 false GSMA SRL Av Del Libertador 6810 FL 15 Buenos Aires AR C1429BMO DIGITAL ADVOC AR GSM ASSOCIATION C CORP 1562446 368078 1.00000 false false false true true true false false false false false false false false true true true true false false GSM Association O 5378789 GSMA Limited O 559951 GSM Association D 18972869 GSMA Limited D 2900512 GSM Association E 24753497 GSMA Limited E 3104456 GSMA Limited P 187289 GSM Association P 2977051 GSM Association C 1938779 GSM Association Q 2157744 GSMA Limited Q 355524