2020-05-14T14:47:50-05:00 2019-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1400 BELLEVUE WA 98004 990 2018-07-01 820574491 GLOBAL PARTNERSHIPS GLOB 2066528773 1932 FIRST AVENUE NO 400 SEATTLE WA 98101 MIKE GALGON TREASURER 2066528773 2020-05-11 1 SARA ELIZABETH J HYRE P00235495 4254544919 2020-05-11 65.158.230.194 2020-05-11 14:49:28 PD P DE1D2BBAE0F1147E7A7EA18DABEA7E867F199504 FEE5B30F7169D6EE9EA0F64CA9DD9003D0FD5F35 2018 2020-09-23 17:36:50Z RICK BECKETT 1932 FIRST AVENUE NO 400 SEATTLE WA 98101 13313537 0 X WWW.GLOBALPARTNERSHIPS.ORG X EXEMPT ORGANIZATION 2002 WA GLOBAL PARTNERSHIPS' MISSION IS TO EXPAND OPPORTUNITY FOR PEOPLE LIVING IN POVERTY. 18 10 28 27 0 0 1486508 5268666 6691819 7505636 174677 329680 30893 -1500 8383897 13102482 0 0 0 0 3542367 3660996 0 0 610743 5274322 6576212 8816689 10237208 -432792 2865274 114755816 134276395 101102269 117511426 13653547 16764969 GLOBAL PARTNERSHIPS IS AN IMPACT-FIRST INVESTOR WHOSE CHARITABLE MISSION IS TO EXPAND OPPORTUNITY FOR PEOPLE LIVING IN POVERTY IN DEVELOPING COUNTRIES AROUND THE WORLD. 0 0 9213726 7505636 AS OF JUNE 30, 2019, GLOBAL PARTNERSHIPS (GP) HAD MORE THAN $108 MILLION INVESTED IN 74 MICROFINANCE INSTITUTIONS, AGRICULTURAL ORGANIZATIONS SERVING SMALL-HOLDER FARMERS, AND OTHER SOCIAL BUSINESSES IN 20 COUNTRIES IN LATIN AMERICA, THE CARIBBEAN AND SUB-SAHARAN AFRICA. GP INVESTS IN SOCIAL ENTERPRISES WITH SUSTAINABLE SOLUTIONS THAT HELP IMPOVERISHED PEOPLE INCREASE THEIR INCOMES AND IMPROVE THEIR LIVES, WITH INVESTMENTS IN 14 DISTINCT INITIATIVES THAT ADDRESS FACETS OF POVERTY ACROSS LIVELIHOODS, EDUCATION, ENERGY, HEALTH, HOUSING, AND SANITATION. THE VAST MAJORITY (MORE THAN 80%) OF THE FUNDS INVESTED BY GLOBAL PARTNERSHIPS ARE INVESTED WITH MICRO-FINANCE INSTITUTIONS. 9213726 1 1 0 1 0 0 0 0 0 1 1 0 1 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 56 0 1 28 1 0 1 NU KE 0 0 0 0 0 0 0 0 0 0 X 18 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WA CA X X X MEGAN MUIR 2066528773 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 MAGGIE WALKER CHAIR & BOARD PRESIDENT 1.00 X X 0 0 0 GREGG JOHNSON VICE PRESIDENT & SECRETARY 1.00 X X 0 0 0 MICHAEL T GALGON TREASURER 1.00 X X 0 0 0 BERT GREEN BOARD DIRECTOR 1.00 X 0 0 0 BILL RICHTER BOARD DIRECTOR 1.00 X 0 0 0 CARLA E LEWIS BOARD DIRECTOR 1.00 X 0 0 0 CURT B FRASER BOARD DIRECTOR 1.00 X 0 0 0 ED LAZAR BOARD DIRECTOR 1.00 X 0 0 0 ENRIQUE GODREAU BOARD DIRECTOR 1.00 X 0 0 0 H S PARKER BOARD DIRECTOR 1.00 X 0 0 0 JANE STONECIPHER BOARD DIRECTOR 1.00 X 0 0 0 KURT DELBENE BOARD DIRECTOR 1.00 X 0 0 0 MATTHEW MCBRADY BOARD DIRECTOR 1.00 X 0 0 0 PAULA CLAPP BOARD DIRECTOR 1.00 X 0 0 0 ROBERT VAN CLEVE BOARD DIRECTOR 1.00 X 0 0 0 ROSARIO PEREZ BOARD DIRECTOR 1.00 X 0 0 0 TESSA KEATING BOARD DIRECTOR 1.00 X 0 0 0 WALTER EUYANG BOARD DIRECTOR 1.00 X 0 0 0 WILLIAM H CLAPP BOARD DIRECTOR 1.00 X 0 0 0 RICK BECKETT CEO 40.00 X 334406 0 75652 MARK COFFEY PRESIDENT & CIO 40.00 X 220033 0 28987 MEGAN MUIR COO & GENERAL COUNSEL 40.00 X 147071 0 24708 GAIL DEGIULIO CHIEF CAPITAL RESOURCE OFFICER 32.00 X 119198 0 19182 PETER BLADIN CHIEF IMPACT RESEARCH OFFICER 32.00 X 111535 0 22761 JIM VILLENUEVA MANAGING DIRECTOR 40.00 X 158937 0 22814 JASON HENNING SENIOR VICE PRESIDENT 40.00 X 117417 0 23557 NATHALIA RODRIGUEZ SENIOR VICE PRESIDENT 40.00 X 116379 0 20771 1324976 0 238432 9 0 1 0 0 5268666 211054 5268666 SOCIAL INV LOANS INT 523999 7131031 7131031 LOAN COMMITMENT FEES 523999 374605 374605 7505636 332705 332705 208030 211055 -3025 -3025 -3025 -1500 -1500 -1500 13102482 7505636 0 328180 871233 545269 144379 181585 2089653 1762499 102309 224845 126217 105069 6750 14398 380996 287896 28033 65067 192897 157774 15712 19411 60376 59630 746 82954 45161 37793 364050 362527 56 1467 34608 1351 33257 40169 32554 1738 5877 131082 104954 5551 20577 210892 171509 11466 27917 275477 262322 5539 7616 10765 9540 707 518 4349270 4349270 17392 14143 1006 2243 64009 28141 35868 SOCIAL INV LOSS ALLOW 762112 762112 LOAN FEES 68800 68800 BANK CHARGES 30637 15639 12827 2171 UBI TAX 2812 2241 358 213 70807 65325 1901 3581 10237208 9213726 412739 610743 44857 85214 12558997 18487256 514224 920776 34564 1439 968 30357 317131 275888 43744 41243 100192449 112402221 1366013 2307889 114755816 134276395 1175681 1068464 1558500 1796000 97657750 111439000 710338 3207962 101102269 117511426 X 13139323 15565572 514224 1097452 0 101945 13653547 16764969 114755816 134276395 2865274 246148 0 X 0 1 X 1 0 X 2993922 7849208 1526651 1486508 5268666 19124955 2993922 7849208 1526651 1486508 5268666 19124955 8108092 11016863 4735 24292 110444 178203 332705 650379 98151 -1500 96651 19871985 29939514 0.55440 0.56980 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INVESTOR TRIP - 2017 AMOUNT: $ 98,151. OTHER INCOME - 2018 AMOUNT: $ -1,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10237208 10237208 661860 165465 0 0 468648 576318 595506 661860 2302332 3453498 117162 144080 148877 165465 575584 863376 100000 1945 101945 0.00000 0.98000 0.02000 0 0 31313 27826 3487 173505 135749 37756 112313 112313 0 41243 SOCIAL LOAN INVESTMENT 104865386 F MFX SOLUTIONS, EQUITY INVESTMENT 412836 C SOCIAL INVESTMENTS IN EQUITY SECURITIES 2620529 C CALVERT SOCIAL INVESTMENT NOTES 2851558 F MICROVEST SHORT DURATION FUND 1549967 F VFTAX ENDOWMENT 101945 C 112402221 DERIVATIVE INSTRUMENTS LIABILITY 1123652 DEFERRED RENT LIABILITY 38362 RECOVERABLE GRANT LIABILITY 348324 INTEREST PAYABLE 1697624 3207962 13610026 246148 261396 507544 13102482 0 13102482 10498604 261396 261396 10237208 0 10237208 PART V, LINE 4: ENDOWMENT FUNDS ARE TO BE USED TO FURTHER THE ORGANIZATIONS MISSION OF EXPANDING OPPORTUNITY FOR PEOPLE LIVING IN POVERTY. THE ORGANIZATION WILL INVEST THOSE FUNDS TO BE CONSISTENT WITH ITS MISSION, WHICH INCLUDE INVESTING IN SOCIALLY RESPONSIBLE INVESTMENT FUND VEHICLES. SCHEDULE D, PART VIII: LINE 1(C): SOCIAL LOAN INVESTMENTS ARE HELD AT COST LESS AN ALLOWANCE FOR LOAN LOSSES. SEE THE AUDITED FINANCIAL STATEMENTS FOR FURTHER DETAILS. LINE 4(C): SOCIAL INVESTMENTS IN SECURITIES ARE RECORDED AT COST AND EVALUATED FOR IMPAIRMENT ANNUALLY. LINE 5(C): CALVERT SOCIAL INVESTMENT NOTES ARE HELD AT COST PLUS ACCRUED INTEREST. CENTRAL AMERICA AND THE CARIBBEAN 1 5 PROGRAM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 740000 SOUTH AMERICA 0 0 PROGRAM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 302000 NORTH AMERICA 0 0 PROGRAM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 103000 SUB-SAHARAN AFRICA 1 4 PROGRAM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 559000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 SOCIAL INVESTMENTS 46589906 SOUTH AMERICA 0 0 SOCIAL INVESTMENTS 33242643 NORTH AMERICA 0 0 SOCIAL INVESTMENTS 10637051 SUB-SAHARAN AFRICA 0 0 SOCIAL INVESTMENTS 19042480 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 FUNDRAISING & PROGRAM SERVICES PROGRAM SERVICE INDUSTRY RESEARCH 9000 2 9 0 0 2 9 111216080 9000 111225080 1 0 1 0 0 0 PART I, LINE 2: GP STAFF MONITOR LOANS DISBURSED TO LOCAL PARTNERS BOTH VIA ON-SITE MONITORING VISITS AND THROUGH QUARTERLY FINANCIAL AND PROGRAM REPORTS RECEIVED FROM EACH ENTITY. PART I, LINE 3: ACCRUAL METHOD OF ACCOUNTING HAS BEEN USED TO ACCOUNT FOR ABOVE EXPENDITURES. X X X X X 0 0 0 0 0 0 0 0 0 RICK BECKETT CEO 328000 0 4600 0 1806 0 61000 0 14652 0 410058 0 0 0 MARK COFFEY PRESIDENT & CIO 218230 0 0 0 1803 0 13094 0 15893 0 249020 0 0 0 MEGAN MUIR COO & GENERAL COUNSEL 146338 0 0 0 733 0 9212 0 15496 0 171779 0 0 0 JIM VILLENUEVA MANAGING DIRECTOR 157535 0 0 0 1402 0 9915 0 12899 0 181751 0 0 0 BILL RICHTER BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 100000 100000 0 1 1 CARLA LEWIS BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 250000 250000 0 1 1 DEAN ALLEN FORMER BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 82000 82000 0 1 1 EDDIE POPLAWSKI FORMER BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 50000 50000 0 1 1 JANE STONECIPHER BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 150000 150000 0 1 1 KURT DELBENE BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 582000 582000 0 1 1 MAGGIE WALKER BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 250000 250000 0 1 1 STEVE DAVIS FORMER BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 141000 141000 0 1 1 H S PARKER BOARD MEMBER/SUBSTANTIAL CONTRIBUTOR GP SOCIAL INVESTMENT LOAN X 41000 41000 0 1 1 TESSA KEATING BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 50000 50000 0 1 1 WILLIAM H CLAPP BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 100000 100000 0 1 1 1796000 X 3 211054 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS IS EQUAL TO THE NUMBER OF UNIQUE DONORS. FORM 990, PART I, LINE 6: GLOBAL PARTNERSHIPS (GP) RELIED ON VOLUNTEER HOURS FROM 27 INDIVIDUALS IN FISCAL YEAR 2019. OUR MOST SIGNIFICANT VOLUNTEER SUPPORT CAME FROM OUR BOARD OF DIRECTORS AND ADVISORY COMMITTEE MEMBERS, WHO VOLUNTEERED THEIR LEADERSHIP EXPERTISE OVER THE COURSE OF THE YEAR. IN ADDITION TO THE VOLUNTEERS, GP RECEIVED SIGNIFICANT PRO BONO SUPPORT FROM SEVERAL LAW FIRMS TOTALING OVER 354 HOURS OF LEGAL SERVICES IN FISCAL YEAR 2019. THESE SERVICES ARE ESSENTIAL TO GP'S ABILITY TO EXECUTE ITS INTERNATIONAL PROGRAM WORK. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS EMPOWERED TO ACT ON BEHALF OF THE BOARD IN BETWEEN BOARD MEETINGS. ALL MEMBERS OF THIS SUB-COMMITTEE ARE BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS WILLIAM H. CLAPP AND PAULA CLAPP HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT, THE VICE PRESIDENT OF FINANCE, THE GENERAL COUNSEL AND CHIEF OPERATING OFFICER REVIEW THE FORM 990, AS PREPARED BY THE EXTERNAL TAX ACCOUNTANTS, TO ENSURE ITS ACCURACY AND COMPLETENESS. THE FORM 990 IS THEN PRESENTED TO THE ENTERPRISE RISK AND AUDIT COMMITTEE, A SUBCOMMITTEE OF THE BOARD OF DIRECTORS, FOR REVIEW AND APPROVAL. FINALLY, THE FORM 990 IS REVIEWED AND SIGNED BY THE TREASURER AND CIRCULATED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST QUESTIONNAIRES ARE COMPLETED BY ALL OFFICERS AND DIRECTORS. OTHER EMPLOYEES COMPLETE QUESTIONNAIRES AT DATE OF HIRE AND WHENEVER ADDITIONAL DISCLOSURE REQUIREMENTS ARISE. THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE COO AND VICE PRESIDENT OF FINANCE. IF A CONFLICT OF INTEREST OCCURS, THE INDIVIDUAL IS NOT ALLOWED TO VOTE ON ANY ISSUES WHICH WOULD BE RELATED TO THE CONFLICT OF INTEREST DURING THE DURATION OF THE PERIOD THAT THE CONFLICT OF INTEREST EXISTS. ADDITIONALLY, THE CONFLICT OF INTEREST WOULD BE DISCLOSED TO THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S AND THE PRESIDENT'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE, A SUBCOMMITTEE OF THE BOARD OF DIRECTORS, USING MARKET COMPARABILITY DATA TO INFORM AND SET COMPENSATION. THE CEO REVIEWS AND SETS OTHER OFFICER COMPENSATION ANNUALLY. THE DATE OF THE LAST COMPENSATION REVIEW FOR THE CEO WAS DECEMBER 2018. ADDITIONALLY, EACH YEAR, THE ANNUAL LABOR BUDGET IS APPROVED IN ADVANCE BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL REPORT, AUDITED FINANCIALS AND THE FORM 990 ARE POSTED ON THE ORGANIZATION'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. GP FUND MANAGEMENT LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 203550156 FUND MANAGEMENT DE 1998188 44977 GLOBAL PARTNERSHIPS GLOBAL PARTNERSHIPS SOCIAL INVESTMENT FUND 60 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 383978375 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 3879927 63867008 GLOBAL PARTNERSHIPS GLOBAL PARTNERSHIPS SOCIAL INVESTMENT FUND 50 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 383889550 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 3677401 52976413 GLOBAL PARTNERSHIPS GLOBAL PARTNERSHIPS ELEOS SOCIAL VENTURE FUND LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 384002682 FUND & MANAGE SOCIAL INVESTMENTS & EQUITY INVESTMENTS DE 7513 2600853 GLOBAL PARTNERSHIPS GLOBAL PARTNERSHIPS IMPACT-FIRST DEVELOPMENT FUND LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 320584432 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 0 33044 GLOBAL PARTNERSHIPS