FURP.ORG / PUBLIC DATA EXPLORER

GLOBAL GOOD FUND: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
GLOBAL GOOD FUND (EIN 46-1495972)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-11
IRS object ID
202003169349306100
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-11T17:05:02-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221478099PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17501 WISCONSIN AVENUE SUITE 400EAddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP20814ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461495972EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GLOBAL GOOD FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGLOBBusinessNameControlTxt
Phone3125760678PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13066 HOBBS ROADAddressLine1Txt
CityGLENWOODCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21738ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCARRIE RICHPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone3125760678PhoneNum
Signature2020-11-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDANIEL O'SHEAPreparerPersonNm
PTINP00957510PTIN
Phone3016529100PhoneNum
Preparation2020-11-09PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address209.59.242.22IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-09IPDt
IP Tm18:46:23IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id6C9B1A35775087DBDB8A6D25ECA509C7F6C27838AtSubmissionCreationDeviceId
At Submission Filing Device IdA6BCEEC5281954A027118F02B3DBBBF79E51C833AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerCARRIE RICHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13066 HOBBS ROADAddressLine1Txt
CityGLENWOODCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21738ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,848,711GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GLOBALGOODFUND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionACCELERATE THE DEVELOPMENT OF HIGH POTENTIAL YOUNG LEADERS TO ACHIEVE OUT-SIZED SOCIAL IMPACT.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Volunteers131TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$811,063PYContributionsGrantsAmt
CY Contributions Grants$3,101,393CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$32,710CYProgramServiceRevenueAmt
PY Investment Income$6,247PYInvestmentIncomeAmt
CY Investment Income$33,067CYInvestmentIncomeAmt
PY Other Revenue$17,555PYOtherRevenueAmt
CY Other Revenue$44,544CYOtherRevenueAmt
PY Total Revenue$834,865PYTotalRevenueAmt
CY Total Revenue$3,211,714CYTotalRevenueAmt
PY Grants And Similar Paid$517,719PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$220,395CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$801,663PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$638,104CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$64,830CYTotalFundraisingExpenseAmt
PY Other Expenses$749,681PYOtherExpensesAmt
CY Other Expenses$759,090CYOtherExpensesAmt
PY Total Expenses$2,069,063PYTotalExpensesAmt
CY Total Expenses$1,617,589CYTotalExpensesAmt
PY Revenues Less Expenses-$1,234,198PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,594,125CYRevenuesLessExpensesAmt
Total Assets BOY$1,031,358TotalAssetsBOYAmt
Total Assets EOY$2,551,264TotalAssetsEOYAmt
Total Liabilities BOY$88,812TotalLiabilitiesBOYAmt
Total Liabilities EOY$21,308TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$942,546NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,529,956NetAssetsOrFundBalancesEOYAmt
MissionACCELERATE THE DEVELOPMENT OF HIGH POTENTIAL YOUNG LEADERS TO ACHIEVE OUT-SIZED SOCIAL IMPACT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,341,576ExpenseAmt
Grant$220,395GrantAmt
Revenue$32,710RevenueAmt
DescFELLOWSHIP PROGRAM PROVIDES RESOURCES AND TOOLS TO HIGH POTENTIAL, YOUNG SOCIAL ENTREPRENEURS. IT IS A 15 MONTH PROGRAM THAT INCLUDES LEADERSHIP ASSESSMENT TOOLS, EXECUTIVE COACHING SERVICES, LEADERSHIP DEVELOPMENT PLANNING, ANNUAL SUMMIT, MENTORSHIP, NETWORKING OPPORTUNITIES, AND STAFF SUPPORT SERVICES. SINCE 2013, OUR SIGNATURE GLOBAL GOOD FUND FELLOWSHIP HAS DEVELOPED 105 LEADERS WHO ARE NOW ACCELERATING THEIR ENTERPRISE GROWTH IN 30 COUNTRIES AND BEYOND. OVER 2,000 HIGH-POTENTIAL ENTREPRENEURS FROM MORE THAN A 100 COUNTRIES APPLIED FOR ONE OF 12 FELLOWSHIP POSITIONS IN 2019. TOGETHER WE BUILD A STRONG AND SUSTAINABLE COMMUNITY AROUND THE WORLD TO GENERATE MORE GLOBAL GOOD EVERYDAY.Desc
Total Program Service Expenses$1,341,576TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document25IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee7EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FORESIGHT CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3125760678PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11765 DUKE STREETAddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DAN KOTTER
DIRECTOR1.50Yes (X)$0$0$0
FRED THOMPSON JR
DIRECTOR1.50Yes (X)$0$0$0
CE ANDREWS
DIRECTOR, CHAIRMAN1.50Yes (X)$0$0$0Yes (X)
KNOX SINGLETON
DIRECTOR, TREASURER, SECRETARY1.50Yes (X)$0$0$0Yes (X)
LORETTA PENN
DIRECTOR1.50Yes (X)$0$0$0
RACHAEL WATSON
DIRECTOR1.50Yes (X)$0$0$0
JEREMIAH BUCKLEY
DIRECTOR1.50Yes (X)$0$0$0
CARRIE RICH
DIRECTOR, CEO, PRESIDENT40.00Yes (X)$225,000$0$0Yes (X)
KEIRA LOMBARDO
DIRECTOR1.50Yes (X)$0$0$0
PATTY OBERMAIER
DIRECTOR1.50Yes (X)$0$0$0
PETER PAGE
DIRECTOR1.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$225,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$170,208FundraisingAmt
All Other Contributions$2,931,185AllOtherContributionsAmt
Total Contributions$3,101,393TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSUMMIT EVENT PROGRAMDesc
Business900099BusinessCd
Total Revenue Column$32,710TotalRevenueColumnAmt
Related Or Exempt Func Income$32,710RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$32,710TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,099TotalRevenueColumnAmt
Exclusion$3,099ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$605,519SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$575,551SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$29,968SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,968TotalRevenueColumnAmt
Exclusion$29,968ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$51,792FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$170,208ContriRptFundraisingEventAmt
Fundraising Direct Expenses$61,446FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$9,654TotalRevenueColumnAmt
Exclusion-$9,654ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
LEADERSHIP SERVICES900099$53,488$53,488
MISCELLANEOUS INCOME900099$710$710
FieldValueIRS element (for citing)
Other Revenue Total$54,198OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,211,714TotalRevenueColumnAmt
Related Or Exempt Func Income$32,710RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$77,611ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$138,884TotalAmt
Program Services$138,884ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$38,000TotalAmt
Program Services$38,000ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$43,511TotalAmt
Program Services$43,511ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$225,000TotalAmt
Program Services$200,250ProgramServicesAmt
Management And General$13,500ManagementAndGeneralAmt
Fundraising$11,250FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$318,705TotalAmt
Program Services$283,648ProgramServicesAmt
Management And General$19,122ManagementAndGeneralAmt
Fundraising$15,935FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$19,538TotalAmt
Program Services$11,281ProgramServicesAmt
Management And General$7,638ManagementAndGeneralAmt
Fundraising$619FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$36,318TotalAmt
Program Services$20,970ProgramServicesAmt
Management And General$14,197ManagementAndGeneralAmt
Fundraising$1,151FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$38,543TotalAmt
Program Services$34,303ProgramServicesAmt
Management And General$2,313ManagementAndGeneralAmt
Fundraising$1,927FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,798TotalAmt
Program Services$5,829ProgramServicesAmt
Management And General$3,969ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$45,208TotalAmt
Management And General$45,208ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$951TotalAmt
Management And General$951ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$270,679TotalAmt
Program Services$220,057ProgramServicesAmt
Management And General$45,054ManagementAndGeneralAmt
Fundraising$5,568FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$64,508TotalAmt
Program Services$48,999ProgramServicesAmt
Management And General$9,605ManagementAndGeneralAmt
Fundraising$5,904FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,842TotalAmt
Program Services$3,119ProgramServicesAmt
Management And General$7,787ManagementAndGeneralAmt
Fundraising$936FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$57,180TotalAmt
Program Services$44,342ProgramServicesAmt
Management And General$10,404ManagementAndGeneralAmt
Fundraising$2,434FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$260,319TotalAmt
Program Services$242,757ProgramServicesAmt
Management And General$26ManagementAndGeneralAmt
Fundraising$17,536FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,769TotalAmt
Management And General$4,769ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,968TotalAmt
Management And General$4,938ManagementAndGeneralAmt
Fundraising$30FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MISCELLANEOUS$20,907$5,268$15,262$377
MEALS AND ENGAGEMENT$7,961$358$6,440$1,163

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,617,589TotalAmt
Program Services$1,341,576ProgramServicesAmt
Management And General$211,183ManagementAndGeneralAmt
Fundraising$64,830FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$110,409BOYAmt
EOY$2,332,575EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$353,199BOYAmt
EOY$90,417EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$54,264BOYAmt
EOY$5,598EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$39,264EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,000BOYAmt
EOY$33,660EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$31,039LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,195LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$14,525BOYAmt
EOY$23,844EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$494,961BOYAmt
EOY$25,906EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,031,358BOYAmt
EOY$2,551,264EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$88,812BOYAmt
EOY$13,367EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$7,941EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$88,812BOYAmt
EOY$21,308EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$406,526BOYAmt
EOY$1,802,809EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,349,072BOYAmt
EOY$727,147EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$942,546BOYAmt
EOY$2,529,956EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,031,358BOYAmt
EOY$2,551,264EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,594,125ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$6,715NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$679,507CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,702,224CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,183,969CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$811,063CurrentTaxYearMinus1YearAmt
Current Tax Year$3,101,393CurrentTaxYearAmt
Total$8,478,156TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$679,507CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,702,224CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,183,969CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$811,063CurrentTaxYearMinus1YearAmt
Current Tax Year$3,101,393CurrentTaxYearAmt
Total$8,478,156TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,141,066SubstantialContributorsTotAmt
Public Support Total170$7,337,090PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$293,096CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$26,250CurrentTaxYearMinus1YearAmt
Current Tax Year$3,099CurrentTaxYearAmt
Total$322,445TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,140CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,063CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$29,377CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,444CurrentTaxYearMinus1YearAmt
Current Tax Year$710CurrentTaxYearAmt
Total$47,734TotalAmt
FieldValueIRS element (for citing)
Total Support$8,848,335TotalSupportAmt
Gross Receipts Rltd Activities$97,128GrossReceiptsRltdActivitiesAmt
Public Support CY1700.82920PublicSupportCY170Pct
Public Support PY1700.72870PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:FormAndLineReferenceDesc
ExplanationDESCRIPTION: DATE: 12/31/16 AMOUNT: 2200000.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$31,039OtherCostOrOtherBasisAmt
Depreciation$7,195DepreciationAmt
Book Value$23,844BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$23,844TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,323,726TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$6,715NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$58,232DonatedServicesAndUseFcltsAmt
Revenue Not Reported$51,517RevenueNotReportedAmt
Revenue Subtotal$3,272,209RevenueSubtotalAmt
Investment Expenses Not Incld$951InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$61,446OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$60,495RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,211,714TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,736,316TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$58,232DonatedServicesUseFcltsAmt
Other Expenses Included$61,446OtherExpensesIncludedAmt
Expenses Not Reported$119,678ExpensesNotReportedAmt
Expenses Subtotal$1,616,638ExpensesSubtotalAmt
Investment Expenses Not Incld2$951InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$951ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,617,589TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE FUND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FUND'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE FUND DID NOT RECEIVE ANY UNRELATED BUSINESS TAXABLE INCOME DURING THE YEAR ENDED DECEMBER 31, 2019 AND , THEREFORE, HAS NO PROVISION FOR INCOME TAXES IN TEH ACCOMPANYING FINANCIAL STATEMENTS. TEH FUND BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FUND REPORTED NO PENALTIES AND INTEREST RELATED TO INCOME TAX EXPENSE ON UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2019. TAX YEARS PRIOR TO 2016 ARE NO LONGER SUBJECT TO EXAMINATION BY THE IRS OR THE TAX JURISDICTION ON THE COMMONWEALTH OF VIRGINIA.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FUNDRAISING EVENT EXPENSES -61,446.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EVENT EXPENSES 61,446.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
SUB-SAHARAN AFRICA00GRANTMAKING$25,511
EAST ASIA AND THE PACIFIC00GRANTMAKING$18,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$43,511SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$43,511TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
LEADERSHIP DEVELOPMENTSUB-SAHARAN AFRICA3$25,511WIRES
LEADERSHIP DEVELOPMENTEAST ASIA AND THE PACIFIC2$18,000WIRES
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:GRANT RECIPIENTS GO THROUGH A SCREENING PROCESS AND THEN WORK WITH AN EXECUTIVE COACH AND BUSINESS LEADER TO CREATE A LEADERSHIP DEVELOPMENT PLAN. THE GRANT RECIPIENTS USE THE FUNDS TO ACHIEVE THE GOALS OUTLINED IN THEIR PLANS. PLANS ARE SUBMITTED TO GGF FOR APPROVAL.
PART III ACCOUNTING METHOD:

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$222,000GrossReceiptsEvent1Amt
Charitable Contri Event1$170,208CharitableContriEvent1Amt
Gross Revenue Event1$51,792GrossRevenueEvent1Amt
Rent Facility Costs Event1$31,350RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$30,096OtherDirectExpensesEvent1Amt
Gross Receipts Total$222,000GrossReceiptsTotalAmt
Charitable Contributions Tot$170,208CharitableContributionsTotAmt
Gross Revenue Total Events$51,792GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$31,350RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$30,096OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$61,446DirectExpenseSummaryEventsAmt
Net Income Summary-$9,654NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtIRC SectionIRCSectionDesc
ABBEY GOEL & ASSOCIATES
500 PARK AVE PO BOX 8490NEW YORKNY10001999999999$9,000GRANTS
AFTER SCHOOL ALL STARS
5670 WILSHIRE BLVD SUITE 620LOS ANGELESCA90036954441208$5,000GRANTS501(C)(3)
BIOLOGIC COMMUNITY HEALTH
455 SOUTH HUDSON STREET 200ADENVERCO80246571225117$5,000GRANTS501(C)(3)
CONSULT YOUR COMMUNITY INC
57 W 58TH STREET UNIT 6FNEW YORKNY10019611797393$5,000GRANTS501(C)(3)
GOODWILL INDUSTRIES OF EAST TEXAS INC
409 W LOCUST STREETTYLERTX75702751478918$5,000GRANTS501(C)(3)
LAVA MAE
1015 FILLMORE STREET 379SAN FRANCISCOCA94115810832318$5,000GRANTS501(C)(3)
MOLLY MATTHEWS
6911 RADNOR ROADBETHESDAMD20817264146426$5,000GRANTS
PRISERE LLC
22 HYDE STREETCRANSTONRI02920454040387$5,000GRANTS
SAMARITAN MINISTRY OF GREATER WASHINGTON
1516 HAMILTON STREET NWWASHINGTONDC20011521434143$5,000GRANTS501(C)(3)
THE BEST BEES COMPANY
839 ALBANY STREETBOSTONMA02119271930468$5,000GRANTS
THE EMPOWERMENT PLAN
1401 VERMONT STREETDETROITMI48216453265365$5,000GRANTS501(C)(3)
VIRTUDENT
124 VERNON STREET 3RD FLOORNEWTONMA02458472152859$9,000GRANTS
COZYMEAL INC
420 MISSION BAY BLVD N SUITE 504SAN FRANCISCOCA94158484076927$5,000GRANTS
FieldValueIRS element (for citing)
Total501c3 Org7Total501c3OrgCnt
Total Other Org6TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeLEADERSHIP DEVELOPMENTGrantTypeTxt
Recipient5RecipientCnt
Cash Grant$38,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANT RECIPIENTS GO THROUGH A SCREENING PROCESS AND THEN WORK WITH AN EXECUTIVE COACH AND BUSINESS LEADER TO CREATE A LEADERSHIP DEVELOPMENT PLAN. THE GRANT RECIPIENTS USE THE FUNDS TO ACHIEVE THE GOALS OUTLINED IN THEIR PLANS. PLANS ARE SUBMITTED TO GGF FOR APPROVAL.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonCARRIE RICHPersonNm
TitleDIRECTOR, CEO, PRESIDENTTitleTxt
Base Compensation Filing Org$225,000BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$225,000TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonCARRIE RICHPersonNm
Relationship With OrgCEORelationshipWithOrgTxt
Loan PurposeCOSTS RELATED TO FUNDRAISING EVENTLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$54,264OriginalPrincipalAmt
Balance Due$39,264BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written Agreement0WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$39,264TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION CONSISTS OF MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7ATHE BOARD OF DIRECTORS IS THE ONLY GROUP WITH THE AUTHORITY TO APPOINT MEMBERS TO THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION PROVIDES A COPY OF THE 990 TO ITS ENTIRE BOARD PRIOR TO FILING WITH THE IRS. THE RETURN IS REVIEWED BY MANAGEMENT.
FORM 990, PART VI, SECTION B, LINE 12CEMPLOYEES SIGN THE EMPLOYEE MANUAL WHICH REQUIRES EMPLOYEE DISCLOSURE OF ANY CONFLICT OF INTEREST. THE BOARD APPROVED THIS POLICY AND ALSO FOLLOW THE DISCLOSURE PROCEDURE.
FORM 990, PART VI, SECTION B, LINE 15ATHE ORGANIZATION EVALUATES THE CEO/PRESIDENT'S COMPENSATION LEVEL BY CONDUCTING A REVIEW OF COMPARABLE ORGANIZATION COMPENSATION BASED ON PUBLICLY AVAILABLE 990 INFORMATION.
FORM 990, PART VI, SECTION C, LINE 19THE GLOBAL GOOD FUND WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTANTS: PROGRAM SERVICE EXPENSES 220,057. MANAGEMENT AND GENERAL EXPENSES 45,054. FUNDRAISING EXPENSES 5,568. TOTAL EXPENSES 270,679.