2016-11-15T14:36:17-06:00 2016-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2015-07-01 820574491 GLOBAL PARTNERSHIPS GLOB 2066528773 1932 FIRST AVENUE NO 400 SEATTLE WA 98101 MIKE GALGON TREASURER 2066528773 2016-11-14 1 JANE M SEARING P00000565 4254544919 2016-11-14 2015 2017-02-10 21:41:12Z RICK BECKETT 1932 FIRST AVENUE NO 400 SEATTLE WA 98101 13119295 0 X WWW.GLOBALPARTNERSHIPS.ORG X EXEMPT ORGANIZATION 2002 WA GLOBAL PARTNERSHIPS' MISSION IS TO EXPAND OPPORTUNITY FOR PEOPLE LIVING IN POVERTY. 18 11 33 80 0 0 2993922 7849208 4719720 5172897 3889 23022 -64862 -71221 7652669 12973906 235811 23838 0 0 2540914 3362386 0 0 985024 3032241 3971768 5808966 7357992 1843703 5615914 71333560 90477613 61492237 74608038 9841323 15869575 GP IS AN IMPACT-LED INVESTOR, INVESTING IN SUSTAINABLE SOCIAL ENTERPRISES WHO DELIVER HIGH-IMPACT PRODUCTS AND SERVICES FOR PEOPLE LIVING IN POVERTY. 0 0 6051302 23838 5172897 AS OF JUNE 30, 2016, GLOBAL PARTNERSHIPS (GP) HAD MORE THAN $72 MILLION INVESTED IN 56 MICROFINANCE INSTITUTIONS, SOCIAL BUSINESSES AND COOPERATIVES IN 14 COUNTRIES IN LATIN AMERICA, THE CARIBBEAN AND EAST AFRICA. WITH THESE MISSION-ALIGNED PARTNERS, GP SUPPORTS PROGRAMS THAT DELIVER HIGH SOCIAL IMPACT IN THE AREAS OF ECONOMIC RESILIENCE, HEALTH SERVICES, AND CLEAN ENERGY. 6051302 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 1 1 1 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 89 0 1 33 1 0 1 NU KE 0 0 0 1 1 0 0 0 0 X 18 11 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WA X X X MARGARET PHILIP 2066528773 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 WILLIAM H CLAPP BOARD DIRECTOR 1.00 0.00 X 0 0 0 PAULA CLAPP BOARD DIRECTOR 1.00 0.00 X 0 0 0 DEAN C ALLEN BOARD DIRECTOR 1.00 0.00 X 0 0 0 STEVE DAVIS VP/BOARD DIRECTOR 1.00 0.00 X X 0 0 0 KURT DELBENE BOARD DIRECTOR 1.00 0.00 X 0 0 0 WALTER EUYANG BOARD DIRECTOR 1.00 0.00 X 0 0 0 CURTIS FRASER BOARD DIRECTOR 1.00 0.00 X 0 0 0 MIKE GALGON TREASURER 1.00 0.00 X X 0 0 0 BERT GREEN MD BOARD DIRECTOR 1.00 0.00 X 0 0 0 GREGG JOHNSON SECRETARY 1.00 0.00 X X 0 0 0 TESSA KEATING BOARD DIRECTOR 1.00 0.00 X 0 0 0 MATTHEW MCBRADY BOARD DIRECTOR 1.00 0.00 X 0 0 0 CARLA LEWIS BOARD DIRECTOR 1.00 0.00 X 0 0 0 JANE STONECIPHER BOARD DIRECTOR 1.00 0.00 X 0 0 0 MAGGIE WALKER CHAIR & BOARD PRESIDENT 1.00 0.00 X X 0 0 0 H STEWART PARKER BOARD DIRECTOR 1.00 0.00 X 0 0 0 ENRIQUE GODREAU III BOARD DIRECTOR 1.00 0.00 X 0 0 0 ROSARIO PEREZ BOARD DIRECTOR 1.00 0.00 X 0 0 0 RICK BECKETT CEO & PRESIDENT 40.00 0.00 X 285006 0 80550 MARK COFFEY CHIEF INVESTMENT & OPERATING OFFICER 40.00 0.00 X 187892 0 34649 MARGARET PHILIP VP FINANCE & ADMINISTRATION 40.00 0.00 X 112249 0 15342 PETER BLADIN CHIEF IMPACT & RESEARCH OFFICER 40.00 0.00 X 143098 0 24241 GAIL DEGUILIO CHIEF CAPITAL RESOURCE OFFICER 40.00 0.00 X 156396 0 17888 884641 0 172670 5 0 1 0 0 142806 517415 7188987 46908 7849208 SOCIAL INV LOANS INT 523999 4795481 4795481 LOAN COMMITMENT FEES 523999 293425 293425 PROGRAM EXP REIMB 900099 49741 49741 IMPACT JOURNEY FEES 900099 34250 34250 5172897 24292 24292 45638 46908 -1270 -1270 -1270 27260 517415 98481 -71221 -71221 12973906 5172897 0 -48199 23838 23838 731257 510296 104787 116174 1694964 1192218 42460 460286 86062 58309 1143 26610 683213 436496 84171 162546 166890 122081 6697 38112 88190 88190 53502 30751 22751 336448 328486 616 7346 51827 16526 1424 33877 66855 41679 1409 23767 180818 133636 5896 41286 269585 192780 26803 50002 2021633 2021633 24923 17471 932 6520 39713 24203 15510 SOCIAL INV LOSS ALLOW 610118 610118 LOAN FEES 136750 136750 BANK CHARGES 27179 16630 4514 6035 64227 49211 2553 12463 7357992 6051302 321666 985024 28115 93973 8343207 14458486 1656760 1895550 16181 48138 266070 217940 67973 48130 58178206 70146017 3043118 3787319 71333560 90477613 685673 1059878 1300000 1100000 59418500 72366000 88064 82160 61492237 74608038 X 7600158 13763702 2241165 2105873 9841323 15869575 71333560 90477613 5615914 412338 0 X 0 1 X 1 0 X 3265785 1920197 1806866 2993922 7849208 17835978 3265785 1920197 1806866 2993922 7849208 17835978 7272570 10563408 17297 7260 2670 4735 24292 56254 3098 3098 17895330 21615265 0.59030 0.79490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REIMBURSED EXPENSES - 2011 AMOUNT: $ 3,098. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6372968 6372968 468648 117162 0 0 454923 401464 468648 1325035 1987553 113731 100366 117162 331259 496889 31313 18051 13262 122444 95217 27227 112313 104672 7641 48130 PRI HONDURAS, LOAN INVESTMENT 1464154 F PRI GUATEMALA, LOAN INVESTMENT 7056000 F PRI EL SALVADOR, LOAN INVESTMENT 3430000 F PRI NICARAGUA, LOAN INVESTMENT 10329676 F PRI PERU, LOAN INVESTMENT 8592368 F PRI BOLIVIA, LOAN INVESTMENT 10532210 F PRI ECUADOR, LOAN INVESTMENT 14252000 F PRI MEXICO, LOAN INVESTMENT 6716665 F PRI COLOMBIA, LOAN INVESTMENT 867280 F PRI HAITI, LOAN INVESTMENT 490000 F MFX SOLUTIONS, EQUITY INVESTMENT 395000 C PRI PARAGUAY, LOAN INVESTMENT 1518538 F PRI LATIN AMERICA COUNTRIES, LOAN INVESTMENT 1062420 F PRI KENYA, LOAN INVESTMENT 2795978 F SOCIAL INVESTMENTS IN EQUITY SECURITIES 643728 F 70146017 DEFERRED RENT LIABILITY 82160 82160 13902907 412338 418182 830520 13072387 -98481 -98481 12973906 7874655 418182 98481 516663 7357992 0 7357992 PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -98,481. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 98,481. 1 CENTRAL AMERICA AND THE CARIBBEAN 1 8 PGM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 715000 SOUTH AMERICA 0 0 PGM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 858000 NORTH AMERICA 0 0 PGM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 155000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 SOCIAL INVESTMENT LOAN 13684000 SOUTH AMERICA 0 0 SOCIAL INVESTMENT LOAN 24036000 NORTH AMERICA 0 0 SOCIAL INVESTMENT LOAN 5029000 SUB-SAHARAN AFRICA 0 0 SOCIAL INVESTMENT LOAN 3480000 SUB-SAHARAN AFRICA 1 2 PGM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 252000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM GRANTS MADE IN FYE 2016 23838 2 10 0 0 2 10 48209000 23838 48232838 CENTRAL AMERICA AND THE CARIBBEAN HEALTH SERVICES CAPACITY BUILDING TO BENEFIT PEOPLE LIVING IN POVERTY. 18000 WIRES CENTRAL AMERICA AND THE CARIBBEAN HEALTH SERVICES CAPACITY BUILDING TO BENEFIT PEOPLE LIVING IN POVERTY. 5838 WIRES 2 0 0 0 0 0 0 0 PART I, LINE 2: GP STAFF MONITOR GRANTS DISBURSED TO LOCAL IMPLEMENTING PARTNERS BOTH VIA ON-SITE MONITORING VISITS AND THROUGH QUARTERLY FINANCIAL AND PROGRAM REPORTS RECEIVED FROM EACH ENTITY. LUNCHEON 544675 517415 27260 24291 34210 39980 544675 517415 27260 24291 34210 39980 98481 -71221 X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 RICK BECKETT CEO & PRESIDENT 275118 0 0 0 9888 0 55200 0 25350 0 365556 0 0 0 MARK COFFEY CHIEF INVESTMENT & OPERATING OFFICER 180706 0 0 0 7186 0 11594 0 23055 0 222541 0 0 0 PETER BLADIN CHIEF IMPACT & RESEARCH OFFICER 143098 0 0 0 0 0 9183 0 15058 0 167339 0 0 0 GAIL DEGUILIO CHIEF CAPITAL RESOURCE OFFICER 156396 0 0 0 0 0 9403 0 8485 0 174284 0 0 0 PART I, LINE 1A ADDITIONAL INCOME IS ADDED TO THE CEO AND CIOO'S COMPENSATION TO MATCH AND OFFSET THE EMPLOYEE PORTION OF THE HEALTH INSURANCE PREMIUMS. THIS INCOME IS TREATED AS TAXABLE COMPENSATION. STEVE DAVIS BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 100000 100000 0 1 1 KURT DELBENE BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 500000 500000 0 1 1 JANE STONECIPHER BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 100000 100000 0 1 1 TESSA KEATING BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 50000 50000 0 1 1 WILLIAM AND PAULA CLAPP BOARD MEMBERS GP SOCIAL INVESTMENT LOAN X 100000 100000 0 1 1 CARLA LEWIS BOARD MEMBER GP SOCIAL INVESTMENT LOAN X 250000 250000 0 1 1 1100000 X 7 46908 FMV 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 RELIED ON VOLUNTEER HOURS FROM 80 INDIVIDUALS IN FISCAL YEAR 2016. 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. BEYOND THE LEADERSHIP OF THE ORGANIZATION, THERE WERE MANY VOLUNTEERS WHO ASSISTED US WITH THE PREPARATION FOR AND EXECUTION OF OUR ANNUAL OCTOBER LUNCHEON AS WELL AS OTHER FUNDRAISING AND INFORMATIONAL EVENTS. WE ALSO RECEIVED VOLUNTEER ASSISTANCE THROUGHOUT THE YEAR WITH GENERAL OFFICE SUPPORT AND SPECIAL RESEARCH PROJECTS. IN ADDITION TO THE VOLUNTEERS, GP RECEIVED SIGNIFICANT PRO BONO SUPPORT FROM SEVERAL LAW FIRMS TOTALING OVER 600 HOURS OF LEGAL SERVICES IN 2016. 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 WILLIAM H. CLAPP AND PAULA CLAPP HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE CIOO AND VICE PRESIDENT OF FINANCE 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 EXECUTIVE COMMITTEE, A SUB COMMITTEE OF THE BOARD OF DIRECTORS, FOR REVIEW AND APPROVAL. 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 CEO 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 15 EACH YEAR THE ANNUAL LABOR BUDGET IS APPROVED IN ADVANCE BY THE EXECUTIVE COMMITTEE, A SUB COMMITTEE OF THE BOARD OF DIRECTORS. THIS EXECUTIVE COMMITTEE ALSO REVIEWED THE CEO AND CIOO COMPENSATION 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 WAS DECEMBER 2015. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL REPORT, AUDITED FINANCIALS AND THE FORM 990 ARE POSTED ON THE ORGANIZATION'S WEBSITE. SCHEDULE L PART II: THE FOLLOWING LOANS WITH BOARD MEMBERS ARE EXCLUDED FROM SCHEDULE L PART II BECAUSE THEY WERE MADE VIA NON-PROFIT ORGANIZATIONS. SCHEDULE L INSTRUCTIONS REQUIRE THAT THESE TYPE OF LOANS BE EXCLUDED. THE GLOBAL PARTNERSHIPS AUDIT REPORT HOWEVER, INCLUDES THESE LOANS WITH ITS RELATED PARTY TRANSACTION DISCLOSURES. ROOTS AND WINGS, NON-PROFIT OF MIKE GALGON, TREASURER - $50,000 SEATTLE INTERNATIONAL FOUNDATION, NON-PROFIT OF WILLIAM AND PAULA CLAPP, BOARD MEMBERS - $2,500,000 GP FUND MANAGEMENT LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 203550156 FUND MANAGEMENT DE 1521642 849 GLOBAL PARTNERSHIPS GLOBAL PARTNERSHIPS SOCIAL INVESTMENT FUND 60 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 383978375 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 527653 23889853 GLOBAL PARTNERSHIPS GLOBAL PARTNERSHIPS SOCIAL INVESTMENT FUND 2010 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 320308627 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 1255795 488128 GLOBAL PARTNERSHIPS GLOBAL PARTNERSHIPS SOCIAL INVESTMENT FUND 50 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 383889550 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 3329239 50581697 GLOBAL PARTNERSHIPS