2015-05-16T02:57:24-07:00 2014-12-31 Villela CPA PL 1200 Brickell Ave Ste 1950 Miami FL 33131 990 2014-01-01 462308947 Global Distribution Fund Inc GLOB 4154759024 28 2nd Street Third Floor San Francisco CA 94105 Nicholas Fusso Treasurer 2015-05-16 true Walter Villela CPA P00710719 3053891347 2014 2016-02-25 16:41:14Z 357100 false false X www.d-prize.org X 2013 DE D-Prize is dedicated toward increasing access to poverty solutions in the developing world. We help support new organizations and individuals that are distributing proven solutions to the billions of people in need. 5 4 1 0 252500 357100 0 0 0 252500 357100 149800 253500 0 54919 70613 0 0 10426 19016 215145 343129 37355 13971 136355 199326 99000 148000 37355 51326 X D-Prize is dedicated toward increasing access to poverty solutions in the developing world. We help support new organizations and individuals that are distributing proven solutions to the billions of people in need. true false 154271 Other program expenses and grants 90000 Helping distribute solar and clean energy solutions for rural and low income areas. Have impacted over 400 families. 15500 Helping distribute education improvement solutions for rural low income areas. Have impacted over 300 students. 259771 true true false false false false false false false false true false false false true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 1 true false false false false false false false false 0 false false false false false false false false false false X 5 4 true false false false false false false true true false false false true true true false false false true false X Walter Villela CPA 3053891347 1200 Brickell Ave Ste 1950 Miami FL 33131 Nicholas Fusso Treasurer 40.00 0.00 X 65250 0 0 Clifford Frey Director 1.00 0.00 X 0 0 0 May Lim Director 4.00 0.00 X 0 0 0 Andrew Youn Director 8.00 0.00 X 0 0 0 Paul Youn President 8.00 0.00 X 0 0 0 65250 0 false false false 0 357100 357100 0 0 0 0 0 0 0 0 0 0 357100 0 253500 253500 0 0 65250 65250 0 0 0 0 5363 5363 0 60 60 2900 2900 0 0 0 0 1374 1374 0 0 0 0 375 375 0 0 0 0 270 270 1080 1080 Program Related Costs 6096 6096 Rent Expense 3300 3300 Contract Labor 995 995 Dues & Subscriptions 726 726 1840 175 1665 343129 259771 83358 0 5806 171422 0 129875 27500 0 0 0 0 0 0 843 439 674 404 0 0 0 0 0 136355 199326 99000 148000 99000 148000 X 37355 51326 37355 51326 136355 199326 13971 X false false false X 252500 357100 609600 0 0 0 0 252500 357100 609600 0 0 609600 0 0 0 0 252500 357100 609600 X 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 843 439 404 404 Accrued Awards 148000 148000 true 0 0 Program for hand washing stations 1 5000 Supply household clean water 1 10000 Solar sustainable energy solutions 6 75000 Educational improvements 1 15500 Grantmaker's Description of How Grants are Used The Organization enters into a signed agreement with recipient. The recipient is required to provide regular updates regarding the use of funds and provide supporting documentation. The recipient is also required to cooperate if audited by Organization. Form 990, Part III, Line 2: New Services Fiscal sponsorship of projects that alleviate poverty. Projects will work to ensure poverty solutions are more accessible to people in the poorest parts of the world. Projects may address a number of poverty issues, including improving access to childhood education, diagnosing and treating medical conditions, providing access to safe energy sources, and other charitable work. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Clifford Frey and May Lim, both board members, are a married couple. Paul Youn and Andrew Youn, both board members, are brothers. Form 990, Part VI, Line 11b: Form 990 Review Process The organization has hired a CPA to prepare the tax return. The Treasurer of the organization is charged with the duty of reviewing the final tax return before filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts To ensure the Organization operates in a manner consistent with the conflict of interest policy, periodic reviews are conducted. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Compensation arrangements and benefits are based on competent survey information. A voting member of the board who receives compensation for services is precluded from voting on matters pertaining to that member's compensation. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Documents are available upon request.