2016-11-15T07:51:56-06:00 2015-12-31 043296226 DICICCO GULMAN & COMPANY LLP 150 PRESIDENTIAL WAY SUITE 510 WOBURN MA 01801 990 2015-01-01 202776974 FSG INC FSGI 6173574000 500 BOYLSTON STREET SUITE 600 BOSTON MA 02116 JOHN KANIA BOARD MEMBER 6173574000 2016-11-10 1 DONALD J TROY CPA PC P00322664 7819375300 2016-11-10 2015 2017-02-10 21:41:12Z JOHN KANIA 500 BOYLSTON ST SUITE 600 BOSTON MA 02116 29695869 0 X WWW.FSG.ORG X 2005 MA FSG'S MISSION IS TO ACCELERATE SOCIAL PROGRESS BY WORKING WITH FOUNDATIONS, NONPROFIT ORGANIZATIONS, GOVERNMENTS AND CORPORATIONS TO INCREASE THEIR IMPACT ON SOLVING SOCIAL PROBLEMS. 9 5 141 70 0 0 2824210 5981434 23281663 23232353 72567 43979 1372 8560 26179812 29266326 9300 200000 0 0 17302916 17645089 0 0 266928 8786014 10924781 26098230 28769870 81582 496456 11685588 12596666 4362986 4852602 7322602 7744064 X FSG IS AN INTERNATIONAL NONPROFIT SOCIAL ENTERPRISE WITH A MISSION OF ACCELERATING THE PACE OF SOCIAL PROGRESS THROUGH PHILANTHROPIC LEADERSHIP. FSG ACHIEVES ITS MISSION BY PROVIDING STRATEGY CONSULTING, PROGRAM EVALUATION, RESEARCH AND THOUGHT LEADERSHIP TO THE NONPROFIT AND PHILANTHROPIC COMMUNITIES. DESCRIPTION OF ORGANIZATION:FSG EMPLOYS A TEAM OF 141 FULL TIME PROFESSIONALS WORKING FROM OFFICES IN BOSTON, SAN FRANCISCO, SEATTLE, DC, AND SWITZERLAND. FSG'S CONSULTANTS WORK IN TEAMS TO ASSIST LEADING FOUNDATIONS, CORPORATIONS AND NONPROFIT ORGANIZATIONS IN DEVELOPING STRATEGIES TO MEASURE AND ACHIEVE SOCIAL IMPACT. IN ADDITION, FSG HAS CONTRIBUTED TO BUILDING THE KNOWLEDGE, TOOLS AND BEST PRACTICES THAT CAN INCREASE PHILANTHROPIC EFFECTIVENESS THROUGH RESEARCH PUBLICATIONS, ON-LINE DATABASES, CONFERENCES AND PRESENTATIONS, AND THE PUBLICATION OF ORIGINAL ARTICLES IN JOURNALS SUCH AS THE "HARVARD BUSINESS REVIEW AND "STANFORD SOCIAL INNOVATION REVIEW". 0 0 4400458 4325753 THE GLOBAL DEVELOPMENT PRACTICE WORKED ON OVER 28 PROJECTS WITH A RANGE OF ORGANIZATIONS INCLUDING CHILDREN'S INVESTMENT FUND FOUNDATION, CHILDFUND INTERNATIONAL, THE BILL & MELINDA GATES FOUNDATION, OMIDYAR NETWORK, TAUBER FOUNDATION, THE UK DEPARTMENT FOR INTERNATIONAL DEVELOPMENT, ABBOTT LABORATORIES, GENERAL MILLS, AND TOYOTA. FSG ENGAGEMENTS INCLUDED ADVISING A CORPORATION'S PHILANTHROPIC ARM ON HOW TO CREATE MORE FOCUSED IMPACT IN FOOD SECURITY AND SUSTAINABLE AGRICULTURE, ASSISTING A FOUNDATION WITH A NEW STRATEGY FOR ITS EARLY LEARNING PROGRAM, AND ADVISING A PHILANTHROPIC FOUNDATION ON HOW TO INCREASE ACCESS TO FINANCIAL SERVICES THROUGH SELF-HELP GROUPS, AND ADVISING A BILATERAL FUNDER ON PRIVATE SECTOR PARTNERING APPROACHES IN THE DEVELOPING WORLD. 4173020 4102177 THE EDUCATION & YOUTH PRACTICE WORKED ON 28 PROJECTS IN 2015 IN AREAS INCLUDING EARLY CHILDHOOD EDUCATION, YOUTH EMPLOYMENT, BLENDED LEARNING, STATEWIDE ALIGNMENT OF THE EDUCATION SYSTEM AND LABOR MARKET, AND ADDRESSING THE ACHIEVEMENT GAP. PROJECTS INCLUDED THE DEVELOPMENT AND LAUNCH OF A MULTI-STAKEHOLDER EFFORT TO CONNECT 100,000 DISCONNECTED YOUTH TO EMPLOYMENT OPPORTUNITIES, A DEVELOPMENTAL EVALUATION OF A STATEWIDE EFFORT TO SUPPORT SCHOOL DISTRICTS THAT ARE ADOPTING BLENDED LEARNING MODELS, SUPPORT FOR MULTIPLE PLACE-BASED, CROSS-SECTOR INITIATIVES TO IMPROVE THE AVAILABILITY AND QUALITY OF EARLY CARE AND EDUCATION, HELPING A NATIONAL YOUTH DEVELOPMENT ORGANIZATION FIND WAYS TO REDUCE THE ACHIEVEMENT GAP, AND DEVELOPING THE STRATEGIC PLAN FOR A STATE-LEVEL EDUCATION INTERMEDIARY ORGANIZATION. 4141754 4071441 THE US HEALTH PRACTICE AREA WORKED ON A TOTAL OF 21 PROJECTS FOR A RANGE OF CLIENTS INCLUDING PRIVATE, CONVERSATION FOUNDATION AND CORPORATE FOUNDATIONS AS WELL AS HEALTH SYSTEMS. ONCE AGAIN A MAJOR AREA OF WORK INCLUDING HELPING CLIENTS INITIATE AND SUSTAIN COLLECTIVE IMPACT EFFORTS TO ADDRESS COMMUNITY HEALTH CHALLENGES. IN 2015, FSG ASSISTED THE STATEN ISLAND FOUNDATION IN DEVELOPING INITIATIVES TO ADDRESS SUBSTANCE ABUSE, WORKED FOR BLUE CROSS BLUE SHIELD OF MASSACHUSETTS FOUNDATION TO DEVELOP A COLLECTIVE IMPACT EFFORT ON THE INTERSECTION OF HOUSING AND HEALTH, AND PARTNERED WITH COMMUNITY HEALTH CENTER OF RICHMOND TO HELP BUILD THE STATEN ISLAND PERINATAL NETWORK A COALITION FOCUSED ON IMPROVING MATERNAL AND INFANT HEALTH ON STATEN ISLAND, USING THE COLLECTIVE IMPACT MODEL AND FUNDED BY A FEDERAL HEALTHY START GRANT. FSG ALSO WORKED HELPED A NUMBER OF HEALTH FOUNDATIONS IMPROVE THEIR APPROACH TO LEARNING AND EVALUATION. IN 2015, FSG PARTNERED WITH THE KAISER PERMANENTE TO PROVIDE SUPPORT AND TECHNICAL ASSISTANCE IN THE DEVELOPMENT OF A STRATEGIC LEARNING AND EVALUATION SYSTEM, CONTINUED OUR WORKED WITH THE KRESGE FOUNDATION TO DEVELOP A STRATEGIC LEARNING AND EVALUATION SYSTEM FOR SIX PROGRAM AREAS INCLUDING HEALTH, AND WORKED WITH THE FORD FOUNDATION TO DEVELOP EVALUATION FRAMEWORKS WITHIN THEIR GENDER, SEXUALITY AND REPRODUCTIVE RIGHTS PORTFOLIO. FSG ALSO WORKED WITH PRIVATE CORPORATIONS WHO ARE ADVANCING COMMUNITY HEALTH IN THE US. IN 2015 FSG CONDUCTED TRAINING ON COLLECTIVE IMPACT ON BEHALF OF THE CDC, AS WELL AS FOR TUFTS HEALTH PLAN FOUNDATION IN 3 LOCATIONS IN MASSACHUSETTS AIMED AT MAKING COMMUNITIES MORE AGE-FRIENDLY. 11512727 200000 10741542 FSG ALSO COMPLETED NUMEROUS OTHER PROJECTS, FIELD-BUILDING WORK AND KNOWLEDGE CREATION, FULFILLING OUR MISSION OF ACCELERATING THE PACE OF SOCIAL PROGRESS THROUGH PHILANTHROPIC LEADERSHIP. CONSULTING WORK IN THE AREAS OF GLOBAL HEALTH, COMMUNITY-BASED PHILANTHROPY, THE ENVIRONMENT AND OTHERS ARE REPRESENTED HERE. AS PART OF OUR FIELD-BUILDING ACTIVITIES, FSG AND ITS LEARNING COMMUNITIES (THE SHARED VALUE INITIATIVE AND THE COLLECTIVE IMPACT FORUM) DEVELOPED AND PUBLISHED NEW RESEARCH AND TOOLS ON HOW TO ADDRESS SOCIAL PROBLEMS AND EVALUATE SOCIAL IMPACT. OUR RESEARCH WAS DISSEMINATED THROUGH THE PUBLICATION OF 15 WHITE PAPERS, ARTICLES, CASE STUDIES, TOOLS, AND RESOURCES, WHICH ALONG WITH OUR EXISTING BODY OF WORK, WERE DOWNLOADED MORE THAN 31,000 TIMES. WE ALSO PRESENTED OUR WORK AND IDEAS AT OVER 170 CONFERENCES AND SPEAKING ENGAGEMENTS AROUND THE WORLD IN 2015, HELD 13 IN-PERSON EVENTS AND WEBINARS, PRODUCED MORE THAN 35 VIDEOS AND PODCASTS, AND WROTE FEATURED CONTENT FOR STANFORD SOCIAL INNOVATION REVIEW AND FORTUNE MAGAZINE.OUR TWO LEARNING COMMUNITIES, THE COLLECTIVE IMPACT FORUM AND SHARED VALUE INITIATIVE, ALSO NOW REACH MEMBERSHIPS OF OVER 23,500 PRACTITIONERS THROUGH CONFERENCES, TRAININGS, AND FACILITATED KNOWLEDGE SHARING VIA FSG-HOSTED ONLINE PLATFORMS. 11512727 200000 10741542 24227959 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 1 48 0 141 1 0 1 SZ IN 0 0 0 0 0 0 0 0 X 9 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MA CA NY DC X X TODD ELLIS CHIEF FINANCIAL OFFICER 6173574000 500 BOYLSTON ST SUITE 600 BOSTON MA 02116 X JANE NELSON DIRECTOR 2.00 X 24000 0 0 LANCE FORS DIRECTOR 2.00 X 0 0 0 JOHN KANIA MANAGING DIRECTOR 60.00 X X 376758 0 32419 KYLE PETERSON MANAGING DIRECTOR 60.00 X 325508 0 26432 MARK KRAMER MANAGING DIRECTOR 60.00 X X 382303 0 26004 CLOTILDE DEDECKER DIRECTOR 2.00 X 0 0 0 HELENE GAYLE DIRECTOR 2.00 X 0 0 0 JANE WALES DIRECTOR 2.00 X 0 0 0 ANGELA BLACKWELL GLOVER DIRECTOR 2.00 X 0 0 0 TODD ELLIS CHIEF FINANCIAL OFFICER 60.00 X 195414 0 22531 EMILY MALENFANT CHIEF ADMINISTRATIVE OFFICER 48.00 X 126892 0 21222 MARC PFITZER MANAGING DIRECTOR 60.00 X 372349 0 17222 HALLIE PRESKILL MANAGING DIRECTOR 60.00 X 284478 0 25749 DANE SMITH MANAGING DIRECTOR 60.00 X 285828 0 26891 GREGORY HILLS MANAGING DIRECTOR 60.00 X 253095 0 14425 FAY HANLEYBROWN MANAGING DIRECTOR 60.00 X 224106 0 14425 LALITHA VAIDYANATHAN MANAGING DIRECTOR 60.00 X 217266 0 14425 MICHAEL PORTER FORMER DIRECTOR 2.00 X 88757 0 0 3156754 0 241745 11 1 1 0 BLUE STATE DIGITAL 406 7TH ST NW 3RD FLOOR WASHINGTON DC 20004 DIGITAL TECHNOLOGY AND STRATEGY 139689 RUSSELL REYNOLDS ASSOCIATES CHURCH STREET STATION PO BOX 6427 NEW YORK NY 10249 RECRUITING SERVICES 109746 2 5981434 138507 5981434 CONSULTING SERVICES 541900 20838634 20838634 CONFERENCE PRESENTATIONS 541900 1874217 1874217 MEMBERSHIP DUES 900099 519502 519502 23232353 58500 58500 415022 429543 -14521 -14521 -14521 OTHER 900099 8560 8560 8560 29266326 23240913 0 43979 X 200000 200000 1949053 1630678 299664 18711 13024874 10859821 2057416 107637 1558837 1341658 184811 32368 1112325 930628 171019 10678 3743923 3132358 575623 35942 574455 447949 119072 7434 668574 559364 102792 6418 1691229 1414969 260024 16236 2352374 1968113 361678 22583 184505 154366 28368 1771 129045 107965 19841 1239 FIELD BUILDING AND OUTR 964898 964898 0 0 DUES AND FEES 290929 243406 44730 2793 MEALS 229107 191683 35225 2199 EQUIPMENTAL RENTAL AND 95742 80103 14720 919 28769870 24227959 4274983 266928 3213552 1031658 88 88 422129 2229050 3269806 4812882 73474 0 639639 601743 1768212 1344531 536197 423681 3389453 3358438 141250 139126 11685588 12596666 2440655 2201074 1307975 1274379 614356 1377149 4362986 4852602 X 6053451 5107870 1269151 2636194 7322602 7744064 11685588 12596666 496456 -74994 0 X 0 1 X 1 0 X 1080000 1370775 2570223 2424212 4481434 11926644 13546428 17172832 18602025 21556659 21710127 92588071 14626428 18543607 21172248 23980871 26191561 104514715 250000 375000 801392 1294086 3059594 5780072 5862554 4977163 7962110 8176673 5244042 32222542 6112554 5352163 8763502 9470759 8303636 38002614 66512101 13892 3010 2579 46682 43979 110142 13892 3010 2579 46682 43979 110142 60665 19005 1327 1372 8560 90929 14700985 18565622 21176154 24028925 26244100 104715786 0.63520 0.60080 0.00110 0.00100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 258081 156807 101274 808406 656963 151443 701725 530761 170964 423681 492184 C MUTUAL FUNDS 2866254 F 3358438 DEFERRED RENT 488848 RELATED PARTY PAYABLE-DUE TO INDIA 888301 1377149 X 27967796 -74994 143507 68513 27899283 1367043 1367043 29266326 28378411 -391459 -391459 28769870 0 28769870 PART X, LINE 2: ASC 740 FOOTNOTE - GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA PRESCRIBE THE THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE TAX-EXEMPT STATUS OF AN ENTITY IS CONSIDERED A TAX POSITION. A LIABILITY FOR UNCERTAIN TAX POSITIONS ("UTPS") IS RECOGNIZED AND RECORDED AS A COMPONENT OF CURRENT INCOME TAX EXPENSE FOR DIFFERENCES BETWEEN FINANCIAL AND INCOME TAX REPORTING POSITIONS WHICH DO NOT MEET THIS THRESHOLD. ANY INTEREST AND PENALTIES RELATED TO UTPS ARE RECORDED AS A COMPONENT OF INCOME TAX EXPENSE. THE ORGANIZATION HAS NOT TAKEN ANY TAX POSITIONS, INCLUDING ANY TAX POSITIONS THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS, WHICH WOULD HAVE A MATERIAL EFFECT, INDIVIDUALLY OR IN THE AGGREGATE, ON ITS CONSOLIDATED FINANCIAL STATEMENTS, AND THUS HAS NOT RECORDED A LIABILITY AT DECEMBER 31, 2015 OR 2014. FSG FILES TAX RETURNS IN FEDERAL, STATE, LOCAL, AND FOREIGN JURISDICTIONS. FSG, INC. IS NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2011. CURRENTLY, THERE ARE NO TAX AUDITS IN PROCESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE INCURRED BY FOREIGN SUBSIDIARY 2,691,378. INTERCOMPANY ELIMINATIONS -2,547,871. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN TEMPORARILY RESTRICTED NET ASSETS 1,367,043. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES INCURRED BY FOREIGN SUBSIDIARY 2,156,412. INTERCOMPANY ELIMINATIONS -2,547,871. SWITZERLAND 1 10 PROGRAM SERVICES SOCIAL IMPACT CONSULTING 2317672 INDIA 0 26 SUB-CONTRACTOR PROGRAM SERVICES SOCIAL IMPACT CONSULTING 2142030 1 36 0 0 1 36 4459702 0 4459702 0 0 1 0 0 0 1 THE FOUNDATION CENTER 79TH FIFTH AVENUE NEW YORK NY 10003 131837418 501(C)(3) 200000 FMV CONTRIBUTION OF RIGHTS AND INTEREST IN NET ASSETS OF CF INSIGHTS INTIATIVE ENSURING THE CONTINUATION AND SUCCESS OF CF INSIGHTS AND ITS PROGRAM ACTIVITIES. 1 1 PART I, LINE 2: FSG ENTERED INTO AN AGREEMENT WITH THE FOUNDATION CENTER REGARDING THE NON-CASH ASSISTANCE TRANSFER OF ASSETS. PER THE AGREEMENT, THE GRANTEE MUST, FOR FIVE YEARS, MAKE PROGRESS AGAINST 3 PRIORITY GOALS RELATED TO STRENGTHENING THE CF INSIGHTS PROGRAM. ALSO PER THE AGREEMENT, FSG WILL MONITOR PROGRESS THROUGH QUARTERLY CALLS FOR 2 YEARS, AS WELL AS REQUIRING DETAILED ANNUAL NARRATIVE REPORTS FOR THE FIRST 2 YEARS OF THE GRANT (2015 AND 2016). FSG ALSO HAS A REPRESENTATIVE ON THE CF INSIGHTS PROGRAM ADVISORY BOARD AT THE FOUNDATION CENTER FOR 2 YEARS TO PROVIDE INSIGHT INTO PROGRESS AGAINST THE GOALS. X X X X X 0 0 0 0 0 0 0 0 0 JOHN KANIA MANAGING DIRECTOR 376758 0 0 0 0 0 0 0 32419 0 409177 0 0 0 KYLE PETERSON MANAGING DIRECTOR 325508 0 0 0 0 0 0 0 26432 0 351940 0 0 0 MARK KRAMER MANAGING DIRECTOR 382303 0 0 0 0 0 0 0 26004 0 408307 0 0 0 TODD ELLIS CHIEF FINANCIAL OFFICER 195414 0 0 0 0 0 0 0 22531 0 217945 0 0 0 MARC PFITZER MANAGING DIRECTOR 372349 0 0 0 0 0 0 0 17222 0 389571 0 0 0 HALLIE PRESKILL MANAGING DIRECTOR 284478 0 0 0 0 0 0 0 25749 0 310227 0 0 0 DANE SMITH MANAGING DIRECTOR 285828 0 0 0 0 0 0 0 26891 0 312719 0 0 0 GREGORY HILLS MANAGING DIRECTOR 253095 0 0 0 0 0 0 0 14425 0 267520 0 0 0 FAY HANLEYBROWN MANAGING DIRECTOR 224106 0 0 0 0 0 0 0 14425 0 238531 0 0 0 LALITHA VAIDYANATHAN MANAGING DIRECTOR 217266 0 0 0 0 0 0 0 14425 0 231691 0 0 0 MICHAEL PORTER FORMER DIRECTOR 88757 0 0 0 0 0 0 0 0 0 88757 0 0 0 JANE NELSON DIRECTOR 24000 CONSULTING SERVICES 0 MICHAEL PORTER FORMER DIRECTOR 88757 CONSULTING SERVICES 0 X LICENSES 3 138507 COST OR SELLING PRIC 0 0 0 FORM 990, PAGE 7, PART VII, LINE 1A FOR 2015, MARC PFITZER'S SALARY WAS DETERMINED TO BE THE EQUIVALENT OF $372,349 USD. THIS SALARY REFLECTS A GENEVA SWITZERLAND COST OF LIVING THAT IS APPROXIMATELY 160% OF SIMILAR U.S. CITIES AND FLUCTUATION OF THE CHF. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF GOVERNANCE IN DRAFT FORM PRIOR TO FILING. A FINAL VERSION OF THE FORM, INCORPORATING THE BOARD'S COMMENTS IS THEN FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE REQUIRED TO REVIEW THE WRITTEN CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THIS FORM REQUIRES EACH PERSON TO IDENTIFY ANY RELATIONSHIPS THAT MAY POTENTIALLY BE CONFLICTS OF INTEREST UNDER THE POLICY. THE ORGANIZATION THEN INVESTIGATES THE POTENTIAL CONFLICT AND TAKES ANY APPROPRIATE ACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE TOP MANAGEMENT OFFICIALS' SALARY WAS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF GOVERNANCE. THE COMMITTEE RELIED ON COMPARATIVE COMPENSATION INFORMATION FOR SIMILAR ORGANIZATIONS IN MAKING ITS DECISIONS ON COMPENSATION LEVELS. THE DECISION WAS DOCUMENTED IN A CONTEMPORANEOUS MANNER. THESE TOP MANAGEMENT OFFICIALS RECUSED THEMSELVES FROM THE PROCESS. COMPENSATION OF OFFICERS AND KEY EMPLOYEES WAS DETERMINED BY THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS USING COMPARATIVE SALARY DATA FROM VARIOUS RESOURCES INCLUDING GUIDESTAR AND AN INDEPENDENT COMPENSATION STUDY. INDEPENDENT APPROVAL OF THE COMPENSATION WAS PROVIDED BY THE BOARD OF GOVERNANCE. IN NO CASE DID AN INDIVIDUAL WITH AN INTEREST IN A SPECIFIC COMPENSATION AMOUNT PARTICIPATE IN THE COMPENSATION APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS ARE TO BE MADE DIRECTLY TO THE INDIVIDUAL LISTED IN PART VI, SECTION C, LINE 20. FORM 990 AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THIRD PARTY WEBSITES SUCH AS GUIDESTAR AND THE MASSACHUSETTTS ATTORNEY GENRAL DIVISION OF PUBLIC CHARITIES. FORM 990, PAGE 7, PART VII, LINE 1A: DURING 2015, JANE NELSON AND MICHAEL PORTER WERE COMPENSATED FOR CONSULTING SERVICES THAT THEY PROVIDED IN THEIR AREAS OF EXPERTISE. FORM 990, PART IX, LINE 11G CONTRACT SERVICES : PROGRAM SERVICE EXPENSES 3,132,358. MANAGEMENT AND GENERAL EXPENSES 575,623. FUNDRAISING EXPENSES 35,942. TOTAL EXPENSES 3,743,923. FSG ADVISORY SERVICES PVT LTD 55-B POCKET C SIDDHARTHA EXTENSION NEW DELHI IN 110014 PROGRAM SERVICES IN FSG INC C 534966 407414 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0