2020-05-05T10:18:58-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2018-07-01 542034142 GLOBAL DEVELOPMENT NETWORK INC C/O L SAIKRISHNAN GLOB 2028614364 901 NORTH GLEBE ROAD NO 200 ARLINGTON VA 22203 RAMAN ABROL DIR OF FINANCE, HR & ADMIN. 2028614364 2020-05-05 1 MICHAELA CROMAR P00895728 5712279500 2020-05-05 67.137.57.251 2020-05-05 10:01:45 ED P 1938324BD4D887D076751857843371B82258E98C 0514B758026FFB4303D1E4DFF3C58ED2768E19CE 2018 2021-01-29 14:40:06Z PIERRE M A JACQUET 901 NORTH GLEBE ROAD NO 200 ARLINGTON VA 22203 315421 0 X WWW.GDN.INT X 2001 DE EMPOWER RESEARCHERS IN DEVELOPING COUNTRIES, STRENGTHEN RESEARCH SKILLS & MOBILIZE RESEARCH 6 6 0 6 0 0 419119 291733 0 0 24676 21888 210 1800 444005 315421 2159930 788034 0 0 0 0 0 0 0 403162 255783 2563092 1043817 -2119087 -728396 3256065 2585284 1268300 1326680 1987765 1258604 X GLOBAL DEVELOPMENT NETWORK'S (GDN) MISSION IS TO BE A GLOBAL NETWORK THAT EMPOWERS RESEARCHERS IN DEVELOPING COUNTRIES, STRENGTHENS RESEARCH SKILLS, AND MOBILIZES RESEARCH FOR PUBLIC POLICY. 0 0 244123 205994 GLOBAL DEVELOPMENT AWARDS COMPETITION - JAPAN SOCIAL DEVELOPMENT FUND AWARDTHE GLOBAL DEVELOPMENT AWARDS COMPETITION IS AN AWARD SCHEME LAUNCHED BY GDN WITH GENEROUS SUPPORT FROM THE MINISTRY OF FINANCE, GOVERNMENT OF JAPAN, AND ADMINISTERED THROUGH THE WORLD BANK. IT INCLUDES THREE CATEGORIES: JAPANESE AWARD ON OUTSTANDING RESEARCH ON DEVELOPMENT (ORD), JAPANESE AWARD FOR MOST INNOVATIVE DEVELOPMENT PROJECT (MIDP), AND JAPAN SOCIAL DEVELOPMENT FUND AWARD (JSDF). THIS MAKES FOR A GREAT VARIETY OF ACTIVITIES IN THE COMPETITION, MAKING IT GDN'S ONLY PROGRAM TO INVOLVE BOTH RESEARCHERS AND DEVELOPMENT PRACTITIONERS. THE AWARDS COMPETITION RECOGNIZES EXCELLENCE IN POLICY-ORIENTED RESEARCH, IDENTIFIES TALENTS, SUPPORTS THE CAREER ADVANCEMENT OF RESEARCHERS IN DEVELOPING COUNTRIES, AND FUNDS INNOVATIVE SOCIAL DEVELOPMENT PROJECTS IMPLEMENTED BY NGOS AND BENEFITING MARGINALIZED GROUPS IN THE DEVELOPING WORLD. CURRENTLY, ON TOP OF THE IMPLEMENTATION OF THE GRANTS AWARDED (2017 EDITION) AT GDN'S ANNUAL CONFERENCE IN NEW DELHI ON 22-23 MARCH 2018, GDN IS AWAITING THE ISSUANCE BY THE WORLD BANK OF THE GRANT AGREEMENT FOR THE NEXT 3 EDITIONS, APPROVED BY THE DONOR (MINISTRY OF FINANCE, GOVERNMENT OF JAPAN) IN JULY 2018. IN THE MEANWHILE, THE WORLD BANK HAS ALLOWED RETROACTIVE FINANCING TO RUN THE ORD COMPETITION ALONE BETWEEN MAY 2019 AND OCTOBER 2019, WHEN THE WINNERS ARE EXPECTED TO BE ANNOUNCED AT THE GDN GLOBAL DEVELOPMENT CONFERENCE IN BONN, GERMANY. UNDER THE ORD CALL FOR 2019, 102 APPLICATIONS WERE RECEIVED FROM 32 DIFFERENT COUNTRIES (CITIZENSHIP OF THE PRINCIPAL INVESTIGATOR). 29.4% OF THESE APPLICATIONS FEATURED A TEAM LED BY A WOMAN, AND 31.4% WERE ABOUT PROJECTS OR RESEARCH LEAD BY A TEAM WITH CITIZENSHIP OF A LOW-INCOME ECONOMY COUNTRY (28.4% WERE ALSO RESIDENTS IN SUCH A COUNTRY). 53 PROPOSALS FROM 25 DIFFERENT COUNTRIES (CITIZENSHIP OF THE AUTHOR) WERE SHORTLISTED, OF WHICH 35.8% LED BY A WOMAN, AND 22.6% LEAD BY A TEAM WITH CITIZENSHIP OF A LOW-INCOME ECONOMY COUNTRY. THE FINAL SHORTLIST INCLUDES 3 PROPOSALS FROM INDIA, MALAYSIA AND PHILIPPINES. 754933 582040 RESEARCH CAPACITY BUILDING PROGRAM - ("RCBP"). THIS PROJECT SUPPORTS QUALITY RESEARCH IN MANY COUNTRIES, INVOLVING LOCAL RESEARCH TEAMS FROM ACROSS THE WORLD. THE MULTI-COUNTRY STUDIES ALLOW FOR BOTH COMPREHENSIVE AND COMPARATIVE PERSPECTIVE ACROSS REGIONS AND COUNTRIES. - DOING RESEARCH ASSESSING THE ENVIRONMENT FOR SOCIAL SCIENCE RESEARCH IN DEVELOPING COUNTRIESTHE GLOBAL DEVELOPMENT NETWORK (GDN) LAUNCHED AN INNOVATIVE PROGRAM TO INVESTIGATE SYSTEMATICALLY THE CHALLENGES OF DOING QUALITY SOCIAL SCIENCE RESEARCH IN DEVELOPING COUNTRIES. INFORMED BY A TWO-YEAR PILOT PHASE, THIS PROGRAM HAS PARTNERED WITH NATIONAL RESEARCH INSTITUTIONS FROM BOLIVIA, INDONESIA, MYANMAR AND NIGERIA TO IMPLEMENT THE DOING RESEARCH ASSESSMENTS (DRA): A METHOD FOR ANALYZING THE STRENGTHS, WEAKNESSES, CHALLENGES AND BOTTLENECKS THAT AFFECT QUALITY AND POLICY-RELEVANT SOCIAL SCIENCE RESEARCH. EXCEPT FOR MYANMAR, WHICH IS FUNDED BY IDRC, ALL GRANTS ARE CURRENTLY FUNDED BY GDN. THE PROGRAM REPRESENTS AN INNOVATIVE OPPORTUNITY TO LEARN ABOUT AND ACT ON THE STATUS AND FUTURE OF SOCIAL SCIENCES IN DEVELOPING COUNTRIES, AND GDN WILL LEAD THE AGGREGATION, BENCHMARKING AND COMPARATIVE ANALYSIS OF KNOWLEDGE THAT EMERGES FROM THE ASSESSMENT, SUPPORTING IMPLEMENTING PARTNERS TO USE FINDINGS TO GUIDE ACTION ON RESEARCH SYSTEM STRENGTHENING. IN THE PAST YEAR, GDN HAS GUIDED THE 4 COUNTIES THROUGH THE IMPLEMENTATION OF THE DRA, AND HAS EXPANDED THE GLOBAL VISIBILITY OF THE PROGRAM, IN PREPARATION FOR A LARGER IMPLEMENTATION AS PART OF AN ALLIANCE OF LIKE-MINDED ORGANIZATIONS, DONORS AND PARTNERS, WHICH WILL BE DISCUSSED AT THE GDN GLOBAL DEVELOPMENT CONFERENCE IN BONN, GERMANY, IN OCTOBER 2019.- BUILDING RESEARCH CAPACITY IN LEAST DEVELOPED COUNTRIES(LDC SCALE PHASE PROGRAM)A CALL FOR PROPOSALS FOR INSTITUTIONS INTERESTED IN STRENGTHENING THE PRODUCTION AND USE OF POLICY-RELEVANT KNOWLEDGE ON THE LINKS BETWEEN THE ECONOMY AND THE ENVIRONMENT HAS BEEN ISSUED IN SPRING 2018, AS A FOLLOW-UP TO THE IDRC-FUNDED PROGRAM "STRENGTHENING RESEARCH CAPACITIES IN LEAST DEVELOPED COUNTRIES". LIKE THE INTERNATIONAL DEVELOPMENT RESEARCH CENTRE (IDRC)-FUNDED PROGRAM, THIS CALL FOCUSED ON DEMAND-LED PROPOSALS THAT SOUGHT TO IMPLEMENT HOME-GROWN IDEAS TO STRENGTHEN RESEARCH PRODUCTION, TRAINING AND OUTREACH LOCALLY. THIS CALL ADDS TO PREVIOUS FUNDING A THEMATIC FOCUS (THE LINK BETWEEN THE ECONOMY AND THE ENVIRONMENT), AND WILL BE USED TO INNOVATE IN TERMS OF A NUMBER OF ASPECTS OF GDN FUNDING, STARTING FROM 'MENTORING' APPLIED TO INSTITUTIONAL DEVELOPMENT GRANTS, TO STRONGER M&E AND SUSTAINABILITY FRAMEWORKS FOR EACH GRANT AND THE PROGRAM OVERALL. TWO INSTITUTIONS HAVE BEEN SELECTED AFTER A MULTI-STAGE AND EXTERNAL SELECTION PROCESS: ONE IN VIETNAM, WHICH WILL DEVELOP A REGIONAL TRAINING PLATFORM TO APPLY COMPUTABLE GENERAL EQUILIBRIUM MODELS TO STUDY THE IMPACT OF CLIMATE CHANGE IN VIETNAM, AND ONE IN INDIA, WHICH IS DEVELOPING A PLATFORM AND A TOOLKIT TO MAKE ADAPTATION RESEARCH ACCESSIBLE TO ACTORS INVOLVED IN ADAPTIVE UPGRADATION OF INFORMAL SETTLEMENTS IN SOUTH ASIA.THE GRANT IN VIETNAM HAS BEEN IMPLEMENTED, AND IS SCHEDULED TO END IN SEPTEMBER 2019, WITH THE CREATION OF A REGIONAL NETWORK OF RESEARCHERS WORKING ON ADAPTATION THROUGH ECONOMIC MODELLING TOOLS, PIVOTING AROUND THE FOREIGN TRADE UNIVERSITY. THE GRANT FOR FIELDS OF VIEW, THE INDIA-BASED CO-WINNER OF THE SELECTION, COULD NOT BE ISSUED FOR STATUTORY REASONS (PENDING AUTHORIZATION FROM THE GOVERNMENT OF INDIA TO RECEIVE INTERNATIONAL FUNDING).DESPITE THIS SETBACK, THE PROGRAM HAS DEEPENED GDN'S EXPERIENCE IN USING MENTORING FOR INSTITUTIONAL STRENGTHENING PROGRAMS, AND SUPPORTED ITS INCIPIENT WORK IN THE CLIMATE CHANGE ADAPTATION SPACE.- STRENGTHENING THE RESEARCH CAPACITY OF RELATIVELY SMALL COUNTRIES IN LAC LAUNCHED IN JUNE 2015, THIS INNOVATIVE PROJECT AIMS TO BETTER UNDERSTAND THE PARTICULAR CONSTRAINTS FACED BY SMALL COUNTRIES IN LATIN AMERICA AND THE CARIBBEAN WITH RESPECT TO THE PRODUCTION AND USE OF POLICY-ORIENTED SOCIAL SCIENCE RESEARCH AND STRENGTHEN CAPABILITIES OF SELECT RESEARCH INSTITUTIONS TO CONTRIBUTE TO THE EVIDENCE-BASED POLICY MAKING PROCESS. THE COUNTRIES OF FOCUS IN THE PROJECT ARE THE BAHAMAS, BARBADOS, BELIZE, BOLIVIA, COSTA RICA, DOMINICAN REPUBLIC, ECUADOR, EL SALVADOR, GUATEMALA, GUYANA, HONDURAS, JAMAICA, NICARAGUA, PANAMA, PARAGUAY, SURINAME, AND TRINIDAD & TOBAGO. IN THE FIRST PHASE, A DIAGNOSTIC STUDY HIGHLIGHTED MAJOR DIFFERENCES AND SIMILARITIES BETWEEN THE COUNTRIES AS WELL AS EMERGING PRIORITY AREAS IN TERMS OF THE PRODUCTION AND USE OF SOCIAL SCIENCE RESEARCH. IN A SECOND PHASE, LOCAL INDEPENDENT RESEARCH INSTITUTIONS WERE SELECTED, THROUGH A MULTI-STEP SELECTION PROCESS THAT INCLUDED A POLICY LAB, TO PRODUCE ORIGINAL RESEARCH ON THE EFFICIENCY AND EFFECTIVENESS OF POLICIES AIMING TO IMPROVE THE QUALITY OF EDUCATION IN THE TARGET COUNTRIES. 2 TEAMS (ECUADOR AND EL SALVADOR) SECURED THE SUPPORT OF THEIR RESPECTIVE NATIONAL MINISTRY OF EDUCATION, A CONDITION THAT APPLIES TO ALL WORK FUNDED BY THE INTER-AMERICAN DEVELOPMENT BANK (IDB.) THE REMAINING FUNDS HAVE BEEN RE-ALLOCATED THROUGH A FINAL EXTENSION OF THE GRANT TO SUPPORT THE INSTITUTIONS IN DEVELOPING, IN COLLABORATION WITH THE RESPECTIVE EDUCATION MINISTRIES AND THE LOCAL IDB OFFICES, IMPLEMENTATION AND EVALUATION BLUEPRINTS FOR INTERVENTIONS (TO BE FUNDED IN THE FUTURE BY THE MINISTRIES) THAT BUILD ON THE FINDINGS OF PHASE 2.PHASE 2 HAS BEEN COMPLETED IN ECUADOR, BUT WAS CANCELLED IN EL SALVADOR, DUE TO CHANGES IN THE MINISTRY OF EDUCATION BEFORE AND AFTER THE FEBRUARY 2019 PRESIDENTIAL ELECTIONS.THE EVALUATION HAS HIGHLIGHTED THE VALUE OF GDN'S DEMAND-DRIVEN APPROACH TO INSTITUTIONAL CAPACITY STRENGTHENING, AND SUPPORTED THE CONTINUATION OF THE PROGRAM. - MOBILIZING LOCAL KNOWLEDGE FOR COMPETITIVENESS STRATEGIES:THE PROJECT AIMS AT DOCUMENTING HOW GOVERNMENTS AND COMPANIES INTERACT TO IMPROVE OR CONVERSELY PENALIZE INDUSTRIAL PRODUCTIVITY. THE AMBITION IS ALSO TO CREATE A BOTTOM-UP MOVEMENT TO DOCUMENT POLICY-MAKING FROM LOCALLY GENERATED ANALYSIS AND EVIDENCE AND TRAIN THE LOCAL RESEARCH CONSTITUENCY NEEDED TO CARRY THAT MISSION. THE FOCUS WILL BE ON AFRICAN, CARIBBEAN AND PACIFIC GROUP OF STATES. AFTER A COMPETITIVE PROCESS, THE GLOBAL PRACTICE AT THE WORLD BANK HAS BEEN ABLE TO HIRE GDN INC. AS A CONSULTANT FOR THIS PROJECT AND A CONTRACT HAS BEEN SIGNED AT THE END OF AUGUST 2015. IN FY 2018/2019, A FINAL REVIEW WAS CONDUCTED BY THE SCIENTIFIC COMMITTEE MEMBERS. THE PAPERS WERE PUBLISHED IN THE GDN WORKING PAPER SERIES. THE FINAL EVENT COULD NOT BE HELD BEFORE THE END OF THE CONTRACT SINCE IT WAS PENDING ON A FINAL DECISION MEETING AT THE WORLD BANK, WHICH HAD NOT BEEN ORGANIZED BEFORE NOVEMBER 2018. 28240 GLOBALDEV (BLOG):GLOBALDEV.BLOG IS A NEW PLATFORM THAT MOBILIZES ACADEMIC KNOWLEDGE ON MAJOR SUSTAINABLE DEVELOPMENT CHALLENGES. LAUNCHED ON FEBRUARY 8, 2018, THE PLATFORM HAS NOW POSTED 96 ARTICLES ON TOPICS SUCH AS AGRICULTURE, AID EFFECTIVENESS, CLIMATE CHANGE, ECONOMIC TRANSFORMATION, EDUCATION, FINANCING DEVELOPMENT, GLOBALIZATION, HEALTH, MIGRATION, NATURAL RESOURCES MANAGEMENT AND SCIENCE, TECHNOLOGY AND INNOVATION (INFORMATION UPDATED ON SEPTEMBER 12TH, 2019). 81% OF AUTHORS ARE EITHER NATIONALS OR BASED IN THE GLOBAL SOUTH. ALL BLOG POSTS ARE AVAILABLE IN ENGLISH, SPANISH AND FRENCH, AND ARE SHARED THROUGH THE BLOG'S SOCIAL MEDIA PLATFORMS ALSOE THROUGH TARGETED ADVERTISING IN ARABIC. THE BLOG HAS BETWEEN 500 AND 900 WEEKLY UNIQUE USERS, COMING MOSTLY FROM AFRICA, LATIN AMERICA AND SOUTH ASIA. THE BLOG IS CURRENTLY FUNDED FOR THE LARGEST PART BY GDN. 1027296 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X RAMAN ABROL 2028614364 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 FRANCOIS BOURGUIGNON CHAIRMAN 1.00 1.00 X X 0 0 0 HELEN MILNER BOARD MEMBER 1.00 1.00 X 0 0 0 BIMAN PRASAD BOARD MEMBER 1.00 1.00 X 0 0 0 SHLOMO WEBER BOARD MEMBER 1.00 1.00 X 0 0 0 JUSTIN YIFU LIN BOARD MEMBER 1.00 1.00 X 0 0 0 GUILLERMO PERRY BOARD MEMBER 1.00 1.00 X 0 0 0 PIERRE MICHAEL JACQUET PRESIDENT 12.75 29.75 X 0 323016 0 RAMAN ABROL DIRECTOR OF FINANCE, HR AND ADMIN 17.00 25.50 X 0 100596 0 0 423612 0 0 0 1 0 0 291733 291733 21888 21888 1800 1800 1800 315421 0 0 23688 X 788034 788034 7750 7750 193548 193548 6 6 898 117 781 4560 4560 26896 21355 5541 11928 5020 6908 153 153 BANK FEES 5921 5921 DUES & SUBSCRIPTIONS 3641 3143 498 POSTAGE & DELIVERY 432 150 282 HOSPITALITY 50 50 15873 -15873 1043817 1027296 16521 0 2758973 2481287 497092 101780 0 534 2453 770 0 1683 3256065 2585284 1208690 1244431 59610 82249 1268300 1326680 X 1368705 1030467 619060 228137 1987765 1258604 3256065 2585284 X -728396 -765 X X 0 1 X 1 0 X 4009070 1078117 419119 291733 5798039 4009070 1078117 419119 291733 5798039 2532376 3265663 52226 26984 26982 24676 21888 152756 69411 257093 5668 210 1800 334182 6284977 6134697 0.51960 0.69080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2453 770 1683 1683 314656 -765 -765 315421 0 315421 1043817 0 1043817 0 1043817 PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON FOREIGN CURRENCY EXCHANGE -765. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 16500 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 669994 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 26560 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 34996 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 39984 0 0 0 0 0 0 788034 0 788034 SOUTH AMERICA RESEARCH GRANT 34996 WIRE EAST ASIA & THE PACIFIC RESEARCH GRANT 39984 WIRE SUB-SAHARAN AFRICA RESEARCH GRANT 26560 WIRE SOUTH ASIA RESEARCH GRANT 169994 WIRE EUROPE RESEARCH GRANT 16500 WIRE SOUTH ASIA RESEARCH GRANT 500000 WIRE 12 1 0 0 0 0 0 0 PART I, LINE 2: GRANTS ARE AWARDED TO INDIVIDUAL RESEARCHERS, TEAMS, AND/OR THINK TANKS OR UNIVERSITIES (ALL NON PROFIT INSTITUTIONS) TO CARRY OUT RESEARCH PROJECTS ON VARIOUS ASPECTS OF DEVELOPMENT AS PART OF GLOBAL DEVELOPMENT NETWORK, INC. (GDN)'S PORTFOLIO OF ACTIVITIES. SMALLER GRANTS ARE GIVEN FOR CAPACITY BUILDING PURPOSES: DEVELOPING PROPOSALS, TRAINING, ETC. A VERY SMALL SHARE OF THE GDN GRANTS IS EARMARKED FOR NGOS IMPLEMENTING INNOVATIVE DEVELOPMENT PROJECTS. EXTENSIVE MONITORING IS DONE BOTH ON THE TECHNICAL AND FINANCIAL ASPECTS OF THE PROJECTS. DRAFT AND FINAL REPORTS ARE REVIEWED BY EXPERTS IN THE RESPECTIVE FIELDS AND FINANCIAL RECORDS (USE OF FUNDS, AUDITED FINANCIAL STATEMENTS, ETC.) ARE REVIEWED BY THE GDN FINANCE TEAM BEFORE SUBSEQUENT PAYMENTS ARE RELEASED. ALL RESEARCH OUTPUT FUNDED BY GDN IS AVAILABLE IN THE PUBLIC DOMAIN. X X 0 0 0 0 0 0 0 0 0 PIERRE MICHAEL JACQUET PRESIDENT 0 323016 0 0 0 0 0 0 0 0 0 323016 0 0 FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE FINANCE OFFICER AND SENIOR MANAGEMENT OF GLOBAL DEVELOPMENT NETWORK, INC. (GDN). IT WAS ALSO REVIEWED BY THE SUB-COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. FOLLOWING ANY DISCLOSURE BY AN INTERESTED PERSON OF THE EXISTENCE OF A FINANCIAL INTEREST, THE PRESIDENT SHALL MAKE AN INITIAL DETERMINATION AS TO WHETHER SUCH FINANCIAL INTEREST MAY CONSTITUTE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST. THE PRESIDENT WILL INFORM THE BOARD AT EACH BOARD MEETING OF HIS INITIAL DETERMINATION. THE BOARD SHALL THEN REVIEW EACH DISCLOSURE, TOGETHER WITH THE PRESIDENT'S INITIAL DETERMINATION, AND MAKE A FINAL DECISION WHETHER A CONFLICT OF INTEREST EXISTS OR NOT. THE INTERESTED PERSON SHALL LEAVE THE BOARD MEETING WHILE THE REMAINING DIRECTORS ON THE BOARD CONSIDER ALL THE INFORMATION PRESENTED AND MAKE THE FINAL DECISION. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A. AFTER EXERCISING DUE DILIGENCE, THE BOARD SHALL DETERMINE WHETHER THE CORPORATION 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. IF THE BOARD IS ABLE TO OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT, IT MAY TERMINATE THE SITUATION GIVING RISE TO A CONFLICT OF INTEREST AND PURSUE THE MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT. B. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE REMAINING DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND IS FAIR AND REASONABLE. BASED ON THE ABOVE DETERMINATION, THE BOARD SHALL DECIDE WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY: A. IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE DIRECTOR CONCERNED OF THE BASIS OF SUCH BELIEF AND AFFORD THE DIRECTOR AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF THE BOARD STILL HAS REASON TO BELIEVE THAT AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST EXISTS, IT SHALL TAKE APPROPRIATE CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 GDN'S CEO COMPENSATION WAS REVIEWED AND APPROVED BY THE BOARD MEMBERS. THE REVIEW INCLUDED A COMPARISON OF COMPENSATION WITH OTHER SIMILAR NONPROFIT INSTITUTIONS. THE DELIBERATION AND DECISION OF THE BOARD REVIEW WAS DOCUMENTED IN THE MEETING MINUTES THE LAST REVIEW TOOK PLACE IN OCTOBER 2019. THE PRESIDENT IS RESPONSIBLE FOR DETERMINING ALL OTHER STAFF COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GLOBAL DEVELOPMENT NETWORK, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 193,548. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 193,548. FORM 990, PART XI, LINE 9: LOSS ON FOREIGN CURRENCY EXCHANGE -765. PART XII, LINE 2C THERE WAS NO CHANGE TO THE PROCESS OF OVERSIGHT OF THE AUDIT GLOBAL DEVELOPMENT NETWORK (GDN IO) 2ND FLOOR WEST WING ISID COMPLEX NEW DELHI IN 110070 RESEARCH CAPACITY BUILDING IN N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 GLOBAL DEVELOPMENT NETWORK (GDN IO) B 500000 GLOBAL DEVELOPMENT NETWORK (GDN IO) O 120445