2020-11-12T20:11:08-06:00 2019-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2019-01-01 141945286 THE GLOBAL DEVELOPMENT INCUBATOR INC GLOB 2026596570 1401 K STREET NW NO 900 WASHINGTON DC 20005 ELIZABETH VANDERWOUDE FINANCIAL DIRECTOR 2026596570 2020-11-12 1 AARON M FOX P01365820 2022274000 2020-11-12 144.121.95.190 2020-11-12 17:24:34 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 2270870E5AC7EBBD0B361335193D8AAA5AB6242B 2019 2021-01-29 14:40:06Z ANDREW STERN 1401 K STREET NW NO 900 WASHINGTON DC 20005 13997096 0 X WWW.GLOBALDEVINCUBATOR.ORG X 2005 NY DESIGN AND LAUNCH SERVICES FOR NEW SOCIAL IMPACT ORGANIZATIONS AND PARTNERSHIPS. 6 6 46 10 0 0 14254321 9124879 4631146 4712040 10620 16867 0 143310 18896087 13997096 400000 2554397 0 0 3244145 4750173 0 0 0 6920179 7902719 10564324 15207289 8331763 -1210193 13171257 11737200 3675296 3451432 9495961 8285768 X THE GLOBAL DEVELOPMENT INCUBATOR, INC. (GDI) PROVIDES STRATEGIC, OPERATIONAL, AND PROGRAMMATIC AND BUSINESS PLANNING AND IMPLEMENTATION SUPPORT SERVICES TO BUILD STARTUPS AND PARTNERSHIPS DRIVING SOCIAL IMPACT AROUND THE WORLD. 0 0 6166613 1809543 913742 HEALTH: (E.G. IDSI, LEAPFROG TO VALUE, HEALTH ENABLED, THI, MENTAL HEALTH, GDHI, BUSINESS FOR HEALTH SOLUTIONS)GDI'S HEALTH FOCUS AREA CUTS ACROSS ISSUES RANGING FROM MENTAL HEALTH TO COMMUNITY LIVELIHOODS, DIGITAL HEALTH SYSTEMS, AND EVERYTHING IN BETWEEN. THIS YEAR, GDI IS GRADUATING CITIESRISE, A MULTI-STAKEHOLDER INITIATIVE ADDRESSING THE RISING TIDE OF MENTAL HEALTH ISSUES AMONG YOUNG PEOPLE. THROUGH CITIESRISE, GDI HAS BROUGHT TOGETHER FUNDERS, CITY LEADERS, ACADEMICS, AND HEALTHCARE PROFESSIONALS WHO PREVIOUSLY DID NOT COORDINATE, AND EMPOWER EACH TO PLAY A ROLE IN SUPPORTING MENTAL HEALTH AMONG YOUNG PEOPLE - A CRITICAL, BUT OFTEN IGNORED, AREA OF HEALTH. GDI ALSO LAUNCHED SEVERAL NEW INITAITVES. THE LEAPFROG TO VALUE REPORT AND INITIATIVE HAS LED TO A PORTFOLIO OF PILOTS DESIGNED TO IMPROVE OUTCOMES AND COST-EFFECTIVENESS OF HEALTH SYSTEMS. THE OXYGEN HUB IS A NETWORK OF ENTREPRENEURS BUILDING OXYGEN INFRASTRUCTURE ACROSS SUB-SAHARAN AFRICA. LASTLY, GDI COMPLETED A PRELIMINARY DESIGN OF A "TECHNICAL ASSISTANCE FACILITY" TO SUPPORT HEALTH VENTURES THAT ARE CRITICAL TO ACHIEVING THE HEALTH-RELATED SUSTAINABLE DEVELOPMENT GOALS. ULTIMATELY THROUGH THESE EFFORTS, GDI AIMS TO BRING TOGETHER LEADERS FROM TECHNOLOGY, GOVERNMENT, AND HEALTH INNOVATION TO DEVELOP CROSS-SECTOR HEALTH SOLUTIONS AT SCALE. 4664569 615625 2491746 AGRICULTURE FINANCE: (E.G. ACELI AFRICA, CSAF, ISF, RAF LL)GDI'S AGRICULTURE FINANCE FOCUS AREA AIMS TO ADDRESS CHALLENGES IN THE AGRICULTURE, SUSTAINABILITY, AND CLIMATE SECTORS. GDI SUPPORTED ISF ADVISORS AND THE RAF LEARNING LAB IN PUBLISHING LEADING RESEARCH ON THE IMPACTS OF COVID-19 ON SMALLHOLDER FARMERS, AGRICULTURAL MARKETS, AND GLOBAL FOOD SECURITY. THIS EMERGENCY RESEARCH SERIES HAS RECEIVED OVER 9,000 VIEWS TO DATE. GDI ALSO LAUNCHED ACELI AFRICA, A FIRST OF ITS KIND MARKET INCENTIVE FACILITY ALIGNING CAPITAL SUPPLY AND DEMAND TO MOBILIZE $700M IN LENDING TO AGRICULTURAL SMALL AND MEDIUM ENTERPRISES BY 2025. THROUGH THESE INITIATIVES AND OTHER RELATED EFFORTS IN THE AGENTERPRISE PORTFOLIO, GDI BRINGS TOGETHER DIVERSE PLAYERS FROM ACROSS AGRICULTURE, FINANCE, AND CLIMATE, WHO OTHERWISE MAY HAVE NEVER COLLABORATED DESPITE THEIR SHARED GOALS. 1191374 0 755706 MARGINALIZED POPULATIONS: (E.G. WOWE, GFEMS, REFUGEE INVESTMENT NETWORK)GDI'S MARGINALIZED POPULATIONS FOCUS AREA WORKS TO ADVANCE LIVELIHOODS, LEADERSHIP, AND YOUTH DEVELOPMENT ACROSS SECTORS AND REGIONS. RESPONDING TO COVID-19'S IMPACT ON REFUGEES AND BUSINESS OWNERS, THE REFUGEE INVESTMENT NETWORK INITATIIVE HAS LAUNCHED THE RECOVR (REFUGEE ENTREPRENEURS COVID-19 RESILIENCE) FUND, WHICH RAISED RESOURCES TO DISTRIBUTE IN SMALL CASH GRANTS TO STRUGGLING REFUGEE ENTREPRENEURS IN THE US, THROUGH THEINTERNATIONAL RESCUE COMMITTEE'S CENTER FOR ECONOMIC OPPORTUNITY. FOR THE GLOBAL FUND TO END MODERN SLAVERY, ANOTHER MAJOR INITIATIVE, GDI SUPPORTED ORGANIZATION OF GFEMS EFFORTS INTO STRATEGIC PROGRAMS TO ENSURE EFFICIENT LEARNING, ADAPTATION, KNOWLEDGE SHARING AND FORWARD PLANNING ACROSS TEAMS & DONORS, AND SHAPED GFEMS' PROGRAMMING AND ORGANIZATIONAL STRATEGY IN RESPONSE TO CHANGES CAUSED BY THE COVID-19 PANDEMIC. 644726 97537 126759 FINANCING IMPACT 588753 11778 198054 OTHER VENTURES 233827 19915 90006 JOBS AND LIVELIHOOD 145602 136027 CLIMATE AND ECOSYSTEMS 1612908 129230 550846 13635464 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 48 0 1 46 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ELIZABETH VANDERWOUDE 2026705998 1401 K STREET NW NO 900 WASHINGTON DC 20005 ALICE GUGELEV DIRECTOR 40.00 X 228441 0 28036 DANIEL ZOOK DIRECTOR 40.00 X 221271 0 33810 MOITREYEE SINHA DIRECTOR 40.00 X 211137 0 31981 CRAIG COURTNEY DIRECTOR 40.00 X 189584 0 11411 BRIAN MILDER DIRECTOR 40.00 X 187287 0 9528 ANDREW STERN PERSIDENT/CEO - AS OF 01/2019 40.00 X 137164 0 28665 ELIZABETH VANDERWOUDE FINANCIAL DIRECTOR 40.00 X 153917 0 9408 DARIN KINGSTON SECRETARY 40.00 X 132458 0 8028 NAZANIN ASH BOARD DIRECTOR 2.00 X 0 0 0 SHASHI BULUSWAR BOARD DIRECTOR 2.00 X 0 0 0 KATHERINE COUSINS BOARD DIRECTOR 2.00 X 0 0 0 ELCHE NOWROJI BOARD DIRECTOR 2.00 X 0 0 0 BETHLEHEM SHIFERAW BOARD DIRECTOR 2.00 X 0 0 0 GRETCHEN PHILLIPS BOARD DIRECTOR 2.00 X 0 0 0 1461259 0 160867 15 0 1 0 DALBERG CONSULTING US LLC 1401 K ST NW SUITE 900 WASHINGTON DC 20005 CONSULTING SERVICES 901375 CENTER FOR PUBLIC HEALTH & DEVLPMT 39 LOWER HILL RD NAIROBI KE CONSULTING SERVICES 526704 ENNOVENT INDIA ADVISORS PVT LTD E-43/1 OKHLA PHASE II NEW DELHI IN CONSULTING SERVICES 207727 DALBERG GLOBAL DEVLPMT ADVISORS LTD 1-4 ARGYLL ST LONDON UK W1F 7LD CONSULTING SERVICES 190616 DREW VON GLAHN 2707 N STREET NW WASHINGTON DC 20007 CONSULTING SERVICES 169345 13 1739512 7385367 9124879 PROGRAM SERVICES 900099 4689452 4689452 MANAGEMENT FEE 900099 22588 22588 4712040 16867 16867 TRAVEL REIMBURSEMENTS 900099 143310 143310 143310 13997096 4712040 0 160177 X 1801635 1801635 752762 752762 451640 225821 225819 3095425 2790556 304869 106700 100054 6646 817806 706765 111041 278602 238205 40397 74807 74807 68621 68621 2616122 2616122 7059 2478 4581 102183 41422 60761 122902 43152 79750 318099 111687 206412 620079 499213 120866 15791 15791 PROGRAM FEES 3896613 3527837 368776 MISCELLANEOUS 28613 23151 5462 LICENSES 17022 5977 11045 PROFESSIONAL DEV. 11487 4033 7454 3321 1166 2155 15207289 13635464 1571825 0 768368 745045 4050117 4206410 7287843 5861369 985064 642385 4175 5041 5041 0 0 79865 277816 13171257 11737200 1192394 715494 223344 152649 125000 2330253 2387594 3675296 3451432 X 1148587 1813844 8347374 6471924 9495961 8285768 13171257 11737200 -1210193 0 X 0 1 X 1 1 1 X 7421509 3546020 3303292 14254321 9124879 37650021 7421509 3546020 3303292 14254321 9124879 37650021 8736881 28913140 1348 1658 1404 10620 16867 31897 37681918 17875867 0.76730 0.70820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 5041 5041 0 0 X 13997096 0 13997096 0 13997096 15207289 0 15207289 0 15207289 PART IV, LINE 2B: GDI ENTERED INTO AN AGREEMENT WITH WELLSPRING, DFID, AND USAID TO ACT AS A TRUSTEE FOR FUNDS RELATED TO A GROUP PROJECT. AS PART OF THE ARRANGEMENT, GDI MUST PAY THE FUNDS TO THE APPROVED GRANTEES AND IS ENTITLED TO A MANAGEMENT FEE AND INTEREST INCOME ON THE FUNDS HELD IN TRUST. PART X, LINE 2: GDI PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2019, AND DETERMINED THAT THERE ARE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 3 PROGRAM SERVICES RURAL AND AGRICULTURAL LEARNING LAB, CITIESRISE, ISF ADVISORS, EMERGENT FOREST FINANCE ACCELERATOR 200000 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES COLLABORATIVE FOR FRONTIER FINANCE 200000 SOUTH ASIA 0 5 PROGRAM SERVICES CITIESRISE, COLLABORATIVE FOR FRONTIER FINANCE, GLOBAL FUND TO END MODERN SLAVERYS 400000 SUB-SAHARAN AFRICA 0 15 PROGRAM SERVICES ISF ADVISORS, RURAL AND AGRICULTURAL LEARNING LAB, CITIESRISE, COLLABORATIVE FOR FRONTIER FINANCE, ACELI AFRICA, CSAF 800000 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 752762 0 23 0 0 0 23 2352762 0 2352762 SUB-SAHARAN AFRICA SUBAWARDEE / PROGRAM SUPPORT 752762 WIRE TRANSFER 1 0 0 0 0 0 0 0 PART I, LINE 2: AFTER GDI DISTRIBUTES GRANTS, THEY REQUIRE GRANTEES TO PROVIDE FINANCIAL REPORTS AND WHERE RELEVANT ASSOCIATED BACK - UP DETAILS. IN ADDITION, THE DIRECTORS AND MANAGERS MONITOR THE INTERNATIONAL GRANTEES CLOSELY THROUGHOUT THE YEAR. THIS IS ACCOMPLISHED THROUGH REGULAR EMAIL COMMUNICATION, CONFERENCE CALLS, AND SITE VISITS AND IN SOME CASES THROUGH DETAILED MANAGEMENT OF THE ORGANIZATION'S FINANCIAL RECORDS. PART III ACCOUNTING METHOD: 1 THE HEALTH INITIATIVE 200 CLARENDON STREET 44TH FLOOR BOSTON MA 02116 831490111 501(C)3 1801635 GENERAL SUPPORT 1 0 PART I, LINE 2: AFTER GDI DISTRIBUTES GRANTS, THEY REQUIRE GRANTEES TO PROVIDE FINANCIAL REPORTS AND WHERE RELEVANT ASSOCIATED BACK - UP DETAILS. IN ADDITION, THE DIRECTORS AND MANAGERS MONITOR THE INTERNATIONAL GRANTEES CLOSELY THROUGHOUT THE YEAR. THIS IS ACCOMPLISHED THROUGH REGULAR EMAIL COMMUNICATION, CONFERENCE CALLS, AND SITE VISITS AND IN SOME CASES THROUGH DETAILED MANAGEMENT OF THE ORGANIZATION'S FINANCIAL RECORDS. X X X 0 0 0 0 0 0 0 0 0 ALICE GUGELEV DIRECTOR 228441 0 0 0 0 0 0 0 28036 0 256477 0 0 0 DANIEL ZOOK DIRECTOR 221271 0 0 0 0 0 11312 0 22498 0 255081 0 0 0 MOITREYEE SINHA DIRECTOR 211137 0 0 0 0 0 11550 0 20431 0 243118 0 0 0 CRAIG COURTNEY DIRECTOR 189584 0 0 0 0 0 11383 0 28 0 200995 0 0 0 BRIAN MILDER DIRECTOR 187287 0 0 0 0 0 9500 0 28 0 196815 0 0 0 ANDREW STERN PERSIDENT/CEO - AS OF 01/2019 137164 0 0 0 0 0 7481 0 21184 0 165829 0 0 0 ELIZABETH VANDERWOUDE FINANCIAL DIRECTOR 153917 0 0 0 0 0 9380 0 28 0 163325 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B GDI HIRES AN INDEPENDENT CPA FIRM TO PREPARE THE FEDERAL FORM 990. AFTER PREPARATION OF THE FEDERAL FORM 990, MANAGEMENT REVIEWS THE DRAFT FEDERAL FORM 990. ONCE ANY QUESTIONS OR CORRECTIONS ARE ADDRESSED, THE DRAFT FEDERAL FORM 990 IS THEN DISTRIBUTED TO THE FULL BOARD OF DIRECTORS PRIOR TO ELECTRONICALLY FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C A "CONFLICT OF INTEREST," ARISES WHEN A PERSON IN A POSITION OF AUTHORITY OVER AN ORGANIZATION, SUCH AS AN OFFICER, DIRECTOR, OR KEY EMPLOYEE, MAY BENEFIT. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. IN THE EVENT A CONFLICT OF INTEREST EXISTS, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THEN, THE CHAIR OF THE BOARD OF DIRECTORS OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF DIRECTORS OR COMMITTEE SHALL DETERMINE WHETHER GDI 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. FORM 990, PART VI, SECTION B, LINE 15 IN ORDER TO DETERMINE THE OFFICERS' COMPENSATION, MEMBERS OF THE BOARD OF DIRECTORS REVIEWING COMPARABLE DATA INFORMED BY MARKET RESEARCH AND OUTSIDE COUNSEL AS WELL AS VARIOUS SALARY SURVEYS. AFTER REVIEWING THE NECESSARY DATA, MEMBERS OF THE BOARD OF DIRECTORS WILL MAKE A FINAL DECISION REGARDING THE FINAL COMPENSATION AMOUNTS FOR ALL OFFICERS. A COMPENSATION SURVEY WAS LAST USED IN 2018. FORM 990, PART VI, SECTION C, LINE 19 GDI MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROGRAM CONSULTING: PROGRAM SERVICE EXPENSES 2,550,795. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,550,795. PAYROLL SERVICE: PROGRAM SERVICE EXPENSES 65,327. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,327. ACELI AFRICA INC 1401 K STREET NW SUITE 900 WASHINGTON DC 20005 843344516 FINANCING AGRICULTURAL SMES IN AFRICA DC 501(C)(3) THE GLOBAL DEVELOPMENT INCUBATOR INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0