2013-05-14T12:16:44-05:00 2012-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2011-07-01 820574491 GLOBAL PARTNERSHIPS GLOB 2066528773 1932 FIRST AVENUE NO 400 SEATTLE WA 98101 MIKE GALGON 2066528773 2013-05-08 1 JANE M SEARING P00000565 4254544919 2013-05-09 2011 2016-02-24 21:20:13Z RICK BECKETT 1932 FIRST AVENUE NO 400 SEATTLE WA 98101 6842228 0 X WWW.GLOBALPARTNERSHIPS.ORG X 2002 WA GLOBAL PARTNERSHIPS (GP) IS A NONPROFIT IMPACT INVESTOR WHOSE MISSION IS TO EXPAND OPPORTUNITY FOR PEOPLE LIVING IN POVERTY. WE INVEST IN MICROFINANCE ORGANIZATIONS AND COOPERATIVES THAT PROVIDE SUSTAINABLE SOLUTIONS WHICH HELP IMPOVERISHED PEOPLE EARN A LIVING AND IMPROVE THEIR LIVES. 17 9 24 95 0 0 1565143 3265785 2520454 3321814 21810 17805 -56836 -78890 4050571 6526514 0 0 0 0 1748250 1855980 0 0 611519 2556424 2511582 4304674 4367562 -254103 2158952 50009374 50085552 44479042 42396268 5530332 7689284 X GLOBAL PARTNERSHIPS (GP) EXPANDS OPPORTUNITY FOR PEOPLE LIVING IN POVERTY BY SUPPORTING SUSTAINABLE SOLUTIONS IN LATIN AMERICA, WHERE CLOSE TO 100 MILLION PEOPLE LIVE ON LESS THAN $2 A DAY. GP PURSUES THIS MISSION BY PARTNERING WITH SELECT MICROFINANCE INSTITUTIONS AND COOPERATIVES THAT PROVIDE CAPITAL AND INTEGRATED SERVICES TO PEOPLE LIVING IN POVERTY. 0 0 3488714 3321814 GLOBAL PARTNERSHIPS (GP) IS A NONPROFIT IMPACT INVESTOR WHOSE MISSION IS TO EXPAND OPPORTUNITY FOR PEOPLE LIVING IN POVERTY. WE PIONEER AND INVEST IN SUSTAINABLE SOLUTIONS THAT HELP IMPOVERISHED PEOPLE IN LATIN AMERICA EARN A LIVING AND IMPROVE THEIR LIVES. GP CURRENTLY INVESTS IN A PORTFOLIO OF 31 MICROFINANCE INSTITUTIONS AND COOPERATIVES IN 10 COUNTRIES. WE FOCUS OUR INVESTMENTS IN FOUR IMPACT AREAS: HEALTH SERVICES, RURAL LIVELIHOODS, GREEN TECHNOLOGY AND MICRO ENTREPRENEURSHIP. ACROSS THESE IMPACT AREAS, WOMEN CURRENTLY COMPRISE A MAJORITY (77%) OF THE PEOPLE OUR PARTNERS SERVE. SINCE OUR INCEPTION, GP HAS MADE MORE THAN $70 MILLION INVESTMENTS IN 57 PARTNER ORGANIZATIONS WHO NOW BRING SUSTAINABLE SOLUTIONS TO MORE THAN 2 MILLION PEOPLE LIVING IN POVERTY. 3488714 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 1 1 0 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 0 1 70 0 1 24 1 0 1 NU 0 0 0 1 1 0 0 0 0 X 17 9 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 DEAN C ALLEN 1.00 X X 0 0 0 STEVE DAVIS 1.00 X X 0 0 0 MIKE GALGON 1.00 X X 0 0 0 KURT DELBENE 1.00 X 0 0 0 WALTER EUYANG 1.00 X 0 0 0 CURTIS FRASER 1.00 X 0 0 0 ENRIQUE GODREAU III 1.00 X 0 0 0 BERT GREEN MD 1.00 X 0 0 0 GREGG JOHNSON 1.00 X 0 0 0 TESSA KEATING 1.00 X 0 0 0 MATTHEW MCBRADY 1.00 X 0 0 0 EDDIE POPLAWSKI 1.00 X 0 0 0 JANE STONECIPHER 1.00 X 0 0 0 MAGGIE WALKER 1.00 X 0 0 0 WILLIAM H CLAPP 1.00 X 0 0 0 PAULA CLAPP 1.00 X 0 0 0 PETER BLADIN 1.00 X 0 0 0 RICK BECKETT 40.00 X 216736 0 58605 MARK COFFEY 40.00 X 166618 0 26146 MARGARET PHILIP 40.00 X 96583 0 17583 ELIZABETH CASTLEBERRY 40.00 X 125446 0 17138 LARA PUGLIELLI 40.00 X 107201 0 16763 712584 0 136235 4 0 1 0 0 115982 487621 2662182 196894 3265785 SOCIAL INV LOANS INT 523999 3109865 3109865 LOAN COMMITMENT FEES 523999 154863 154863 PROGRAM EXP REIMB 900099 57086 57086 3321814 17297 17297 87422 95000 86524 95390 898 -390 508 508 51812 487621 133800 -81988 -81988 REIMBURSED EXPENSES 900099 3098 3098 3098 6526514 3321814 0 -61085 624207 457146 107329 59732 945702 563005 64449 318248 45709 26198 5808 13703 132329 126558 5397 374 108033 69026 7439 31568 50633 47945 792 1896 45196 22598 22598 189000 169836 3646 15518 57340 20277 1938 35125 73578 40389 3118 30071 175858 124552 15115 36191 161257 108760 243 52254 1685508 1685508 38335 29389 2571 6375 43360 26587 16773 BANK CHARGES 21596 13282 4621 3693 LOAN FEES 21372 21372 BUSINESS TAXES 2617 1740 877 SOCIAL INV LOSS ALLOW -82007 -82007 27939 16553 4615 6771 4367562 3488714 267329 611519 50341 21398 13883196 8581156 455630 1626249 8725 38690 256537 101469 166944 155068 35199343 39317917 245195 345074 50009374 50085552 285737 381297 2977723 3050000 41155363 38885283 60219 79688 44479042 42396268 X 4632452 5669533 897880 2019751 5530332 7689284 50009374 50085552 2158952 0 X 0 1 1 X 0 X 5671957 3472833 1710671 1565143 3265785 15686389 5671957 3472833 1710671 1565143 3265785 15686389 1781530 13904859 89847 72473 15769 25268 17297 220654 424 7866 6050 659 3098 18097 15925140 10830342 0.87310 0.88330 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: DESCRIPTION 2007 2008 2009 2010 2011 MISCELLANEOUS 424 146 REIMBURSED EXPENSES 7720 6050 659 3098 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29674 5434 24240 114551 59427 55124 112312 36608 75704 155068 OTHER INVESTMENTS 50000 F SOCIAL INVESTMENT LOANS RECEIVABLE 39267917 F 39317917 DEFERRED RENT LIABILITY 79688 79688 6526514 4367562 2158952 2158952 7066154 405840 405840 6660314 -133800 -133800 6526514 4907202 405840 133800 539640 4367562 0 4367562 PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -133,800. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 133,800. CENTRAL AMERICA AND THE CARIBBEAN 1 7 PGM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 229000 SOUTH AMERICA 0 0 PGM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 221000 NORTH AMERICA 0 0 PGM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 74000 CENTRAL AMERICA AND THE CARIBBEAN SOCIAL INVESTMENT LOAN 2110000 SOUTH AMERICA SOCIAL INVESTMENT LOAN 17214960 NORTH AMERICA SOCIAL INVESTMENT LOAN 1471687 1 7 0 0 1 7 21320647 0 21320647 0 0 0 0 0 0 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: ACCRUAL BUSINESS OF HOPE LUNCHEON 539433 487621 51812 17251 43656 72893 539433 487621 51812 17251 43656 72893 133800 -81988 X 1 1 X X 0 0 0 0 0 0 0 0 0 RICK BECKETT 216736 0 0 0 0 0 31970 0 26635 0 275341 0 0 0 MARK COFFEY 166618 0 0 0 0 0 10500 0 15646 0 192764 0 0 0 PART I, LINE 1A THE CEO RECEIVES "OTHER PAY" EQUAL TO THE EMPLOYEE COST OF HIS DEPENDENT HEALTH PREMIUMS. THIS "OTHER PAY" WAS TREATED AS TAXABLE INCOME. THIS COMPENSATION WAS PART OF THE APPROVED PAY PER THE EXECUTIVE COMMITTEE. ROOTS AND WINGS GP SOCIAL INVESTMENT FUND X 950000 950000 0 1 1 STEVE DAVIS GP SOCIAL INVESTMENT FUND X 200000 200000 0 1 1 KURT DELBENE GP SOCIAL INVESTMENT FUND X 250000 250000 0 1 1 THE SEATTLE INTERNATIONAL FOUNDATION GP SOCIAL INVESTMENT FUND X 1200000 1200000 0 1 1 EDWARD POPLAWSKI GP SOCIAL INVESTMENT FUND X 50000 50000 0 1 1 DEAN ALLEN GP SOCIAL INVESTMENT FUND X 200000 200000 0 1 1 JANE STONECIPHER GP SOCIAL INVESTMENT FUND X 100000 100000 0 1 1 V MEISENBACH GP SOCIAL INVESTMENT FUND X 100000 100000 0 1 1 3050000 X 7 96811 COST OR SELLING PRICE X 1 95000 FAIR MARKET VALUE X EVENT EXPENSE 3 5083 FAIR MARKET VALUE 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: 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 OVER 90 INDIVIDUALS IN FISCAL YEAR 2012. OUR MOST SIGNIFICANT VOLUNTEER SUPPORT COMES FROM OUR BOARD OF DIRECTORS AND LEADERSHIP COUNCIL, WHICH CONSISTED OF 17 INDIVIDUALS WHO VOLUNTEERED THEIR LEADERSHIP EXPERTISE TO GLOBAL PARTNERSHIPS OVER THE COURSE OF THE YEAR. BEYOND THE LEADERSHIP OF THE ORGANIZATION, THERE WERE APPROXIMATELY 47 VOLUNTEERS WHO ASSISTED US WITH THE PREPARATION FOR AND EXECUTION OF OUR ANNUAL BUSINESS OF HOPE LUNCHEON IN OCTOBER 2011. THE EVENT WAS ATTENDED BY APPROXIMATELY 950 GUESTS AND RAISED CRITICAL FUNDS FOR OUR PROGRAMS, A SIGNIFICANT SOURCE OF FUNDRAISING FOR THE ORGANIZATION. GLOBAL PARTNERSHIPS WOULD NOT BE ABLE TO ACCOMPLISH SUCH A SUCCESSFUL EVENT WITHOUT VOLUNTEER SUPPORT FOR EVENT PLANNING, PRE-EVENT PREPARATION OF MATERIALS, DAY-OF COORDINATION, AND POST-EVENT CLEAN-UP. OUR VOLUNTEERS ASSISTED US THROUGHOUT THE YEAR WITH GENERAL OFFICE SUPPORT, WHICH INCLUDED HELPING WITH MAILING PROJECTS, STAFFING GLOBAL PARTNERSHIPS' INFORMATION TABLES AT EVENTS, PREPARING FOR GLOBAL PARTNERSHIPS' IN-HOUSE EVENTS, AND DATA ENTRY. ONE VOLUNTEER HELPED COVER THE RECEPTION DESK THROUGHOUT THE YEAR WHEN THE EXECUTIVE ASSISTANT WAS OUT OF THE OFFICE OR IN MEETINGS. ANOTHER VOLUNTEER SPENT SIGNIFICANT DEDICATED TIME TO INTERPRETING FOR GLOBAL PARTNERSHIPS' STAFF AND TRAVELERS ON A TRIP TO LATIN AMERICA. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE BOARD OF DIRECTORS BETWEEN REGULARLY SCHEDULED MEETINGS AND ARE RESPONSIBLE FOR ALL MATTERS NOT ASSIGNED TO A SPECIFIC BOARD COMMITTEE. THE MEMBERS OF THE EXECUTIVE COMMITTEE INCLUDE THE BOARD CHAIR AND THE CHAIRPERSONS OF EACH OF THE BOARD COMMITTEES. ALL OF THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE VOTING MEMBERS OF THE GLOBAL PARTNERSHIPS BOARD. 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 CEO 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. THE TREASURER OF THE BOARD OF DIRECTORS SIGNS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL 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. AN INDEPENDENT BOARD REVIEW OF COMPENSATION IS CONDUCTED FOR THE CHIEF EXECUTIVE OFFICER'S POSITION. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL REPORT, AUDITED FINANCIALS AND THE FORM 990 ARE POSTED ON THE ORGANIZATION'S WEBSITE. GP FUND MANAGEMENT LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 203550156 FUND MANAGEMENT DE 555899 44431 GLOBAL PARTNERSHIPS GP MICROFINANCE FUND 2006 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 208219947 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 89595 9980 GLOBAL PARTNERSHIPS GP MICROFINANCE FUND 2008 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 263382695 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 1553695 20516402 GLOBAL PARTNERSHIPS GP SOCIAL INVESTMENT FUND 2010 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 320308627 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 1513406 24406088 GLOBAL PARTNERSHIPS