2012-04-13T13:30:16-05:00 2011-06-30 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2010-07-01 820574491 GLOBAL PARTNERSHIPS GLOB 2066528773 1932 FIRST AVENUE NO 400 SEATTLE WA 98101 MIKE T GALGON 2066528773 2012-04-13 1 JANE M SEARING 4254544919 2012-04-13 2010 2016-02-24 21:20:13Z RICK BECKETT 1932 FIRST AVENUE NO 400 SEATTLE WA 98101 4379686 0 X WWW.GLOBALPARTNERSHIPS.ORG X 2002 WA GLOBAL PARTNERSHIPS (GP) EXPANDS OPPORTUNITY FOR PEOPLE LIVING IN POVERTY. 18 10 21 100 0 0 1710671 1565143 2225023 2520454 20465 21810 -62120 -56836 3894039 4050571 9000000 0 0 0 1665892 1748250 0 0 551520 2274705 2556424 12940597 4304674 -9046558 -254103 5950396 50009374 24617703 44479042 -18667307 5530332 X GLOBAL PARTNERSHIPS (GP) EXPANDS OPPORTUNITY FOR PEOPLE LIVING IN POVERTY BY SUPPORTING MICROFINANCE AND OTHER 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 THAT PROVIDE MICROLOANS AND OTHER FINANCIAL AND SOCIAL SERVICES TO PEOPLE LIVING IN POVERTY. 0 0 3575958 2520454 FOUNDED IN 1994, GLOBAL PARTNERSHIPS (GP) IS A NONPROFIT SOCIAL INVESTOR WHOSE MISSION IS TO EXPAND OPPORTUNITY FOR PEOPLE LIVING IN POVERTY. WE INVEST IN AND DEVELOP SUSTAINABLE SOLUTIONS TO HELP IMPOVERISHED PEOPLE IN LATIN AMERICA EARN A LIVING AND IMPROVE THEIR LIVES. AS OF JUNE 30, 2011, GP HAD MORE THAN $36 MILLION INVESTED IN 30 PARTNER ORGANIZATIONS IN SEVEN COUNTRIES, POSITIVELY AFFECTING THE LIVES OF MORE THAN 250,000 PEOPLE, AND ADVANCING BUSINESS MODELS THAT CAN SERVE MILLIONS OF PEOPLE IN THE FUTURE. OUR WORK IS FUELED BY MISSION-ALIGNED DONORS AND INVESTORS WHO ARE COMMITTED TO SENDING THEIR MONEY ON A MISSION. 3575958 1 1 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 1 1 0 0 0 1 0 0 0 0 0 1 71 0 1 21 1 0 1 NU 0 0 0 1 1 0 0 0 0 X 18 10 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X X MARGARET PHILIP 2066528773 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 WILLIAM H CLAPP 1.00 X X 0 0 0 DEAN C ALLEN 1.00 X X 0 0 0 STEVE DAVIS 1.00 X X 0 0 0 ROBERT WRIGHT 1.00 X X 0 0 0 PAULA CLAPP 1.00 X 0 0 0 CHRISTOPHER ALSTON 1.00 X 0 0 0 WALTER EUYANG 1.00 X 0 0 0 MIKE T GALGON 1.00 X 0 0 0 BERT GREEN MD 1.00 X 0 0 0 GREGG JOHNSON 1.00 X 0 0 0 MATTHEW MCBRADY 1.00 X 0 0 0 EDDIE POPLAWSKI 1.00 X 0 0 0 TOM WALDRON 1.00 X 0 0 0 MAGGIE WALKER 1.00 X 0 0 0 CURTIS FRASER 1.00 X 0 0 0 PETER BLADIN 1.00 X 0 0 0 KURT DELBENE 1.00 X 0 0 0 ENRIQUE GODREAU III 1.00 X 0 0 0 SHERILYN ANDERSON 1.00 X 0 0 0 PETER TORREBIARTE 1.00 X 0 0 0 RICK BECKETT 40.00 X 200466 0 57573 GARY MULHAIR 40.00 X 42206 0 5720 MARGARET PHILIP 40.00 X 92315 0 18270 MARK COFFEY 40.00 X 108587 0 17227 ELIZABETH CASTLEBERRY 40.00 X 121600 0 17007 LARA PUGLIELLI 40.00 X 120782 0 16810 685956 0 132607 4 0 1 0 0 35000 583401 946742 105726 1565143 SOCIAL INV LOANS INT 523999 2212124 2212124 LOAN COMMITMENT FEES 523999 154425 154425 SERVICING FEES 523999 89551 89551 PROGRAM EXP REIMB 900099 64354 64354 2520454 25268 25268 206144 2908 206702 5808 -558 -2900 -3458 -3458 59110 583401 116605 -57495 -57495 REIMBURSED EXPENSES 900099 659 659 659 4050571 2520454 0 -35026 578990 428471 98776 51743 840422 554329 28298 257795 44937 19153 3070 22714 178447 145118 9742 23587 105454 62881 7045 35528 124187 121974 2213 44203 31190 897 12116 248924 230535 1861 16528 50270 23843 35 26392 147637 96957 8569 42111 176581 126966 14312 35303 157809 150829 184 6796 1310665 1310665 20093 14675 1500 3918 43167 39400 1087 2680 SOCIAL INV LOSS ALLOW 110000 110000 LOAN FEES 61549 61549 BANK CHARGES 23746 19599 357 3790 MISCELLANEOUS 21166 15202 365 5599 BUSINESS TAXES 16427 12622 1098 2707 4304674 3575958 177196 551520 210041 162266 4829503 13771271 726612 455630 4645 8725 233594 66650 43299 166944 50000 35199343 86296 245195 5950396 50009374 181595 285737 1550000 2977723 22886108 41155363 0 60219 24617703 44479042 X -19858669 4632452 1191362 897880 -18667307 5530332 5950396 50009374 X -254103 24451742 X 0 1 1 X 0 X 2026773 5671957 3472833 1710671 1565143 14447377 2026773 5671957 3472833 1710671 1565143 14447377 1358670 13088707 104561 89847 72473 15769 25268 307918 46867 424 7866 6050 659 61866 14817161 8172204 0.88330 0.90410 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: DESCRIPTION 2006 2007 2008 2009 2010 MISCELLANEOUS 167 424 146 REIMBURSED EXPENSES 46700 7720 6050 659 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29674 2411 27263 91606 43975 47631 112314 20264 92050 166944 OTHER INVESTMENTS 50000 F SOCIAL INVESTMENT LOANS RECEIVABLE 35149343 F 35199343 DEFERRED RENT LIABILITY 60219 60219 4050571 4304674 -254103 0 -254103 4542727 375551 375551 4167176 -116605 -116605 4050571 4796830 375551 116605 492156 4304674 0 4304674 PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -116,605. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 116,605. CENTRAL AMERICA AND THE CARIBBEAN 1 7 PGM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 289000 SOUTH AMERICA 0 0 PGM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 215000 NORTH AMERICA 0 0 PGM SERVICES & SOCIAL INVESTMENTS MANAGEMENT OF PROGRAMS & SOCIAL INVESTMENTS 85000 CENTRAL AMERICA AND THE CARIBBEAN SOCIAL INVESTMENT LOAN 3200000 SOUTH AMERICA SOCIAL INVESTMENT LOAN 11250000 NORTH AMERICA SOCIAL INVESTMENT LOAN 998000 1 7 0 0 1 7 16037000 0 16037000 0 0 0 0 0 0 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: ACCRUAL BUSINESS OF HOPE LUNCHEON 642511 583401 59110 3000 13754 38516 61335 642511 583401 59110 3000 13754 38516 61335 116605 -57495 X X 1 1 X X 0 0 0 0 0 0 0 0 0 RICK BECKETT 199500 0 0 0 966 0 31970 0 25603 0 258039 0 0 0 PART I, LINE 1A A HOUSING ALLOWANCE WAS PROVIDED TO THE VP ENTERPRISE DEVELOPMENT DURING HER TEMPORARY WORK ASSIGNMENT IN LATIN AMERICA. THIS ALLOWANCE WAS INCLUDED AS TAXABLE COMPENSATION. 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 PETER BLADIN GP SOCIAL INVESTMENT FUND X 100000 27723 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 V MEISENBACH GP SOCIAL INVESTMENT FUND X 100000 100000 0 1 1 2977723 BOAT STREET LANDING LLC COMPANY OWNED BY WILLIAM H. CLAPP, CHAIRMAN 79528 SEE PART VGLOBAL PARTNERSHIPS LEASES ITS OFFICE SPACE FROM A COMPANY THAT WILLIAM CLAPP OWNS. GLOBAL PARTNERSHIPS TERMINATED THE LEASE AND MOVED INTO A NEW LOCATION IN JANUARY 2011. HOWEVER, DURING THE TIME THE LEASE WAS IN EFFECT, THE RENT WAS BELOW MARKET VALUE AS DETERMINED BY AN INDEPENDENT COMMERCIAL REAL ESTATE BROKER'S MARKET ANALYSIS. 0 X 7 35553 COST OR SELLING PRICE X SOFTWARE 1 57588 FAIR MARKET VALUE X EVENT EXPENSES 5 9595 FAIR MARKET VALUE X OFFICE EQUIP 1 2990 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 100 INDIVIDUALS IN FISCAL YEAR 2011. OUR MOST SIGNIFICANT VOLUNTEER SUPPORT COMES FROM OUR BOARD OF DIRECTORS, WHICH CONSISTED OF 20 INDIVIDUALS WHO VOLUNTEERED THEIR LEADERSHIP EXPERTISE TO GLOBAL PARTNERSHIPS OVER THE COURSE OF THE YEAR. IN ADDITION TO THE BOARD OF DIRECTORS, 7 MEMBERS OF THE LEADERSHIP COUNCIL PROVIDED ADDITIONAL SUPPORT TO THE ORGANIZATION. BEYOND THE LEADERSHIP OF THE ORGANIZATION, THERE WERE APPROXIMATELY 50 VOLUNTEERS WHO ASSISTED US WITH THE PREPARATION FOR AND EXECUTION OF OUR ANNUAL BUSINESS OF HOPE LUNCHEON IN OCTOBER 2010. THE EVENT WAS ATTENDED BY APPROXIMATELY 1000 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 THE GLOBAL PARTNERSHIPS' OPEN HOUSE, AND DATA ENTRY. THREE VOLUNTEERS DEDICATED A SIGNIFICANT AMOUNT OF TIME TO CREATING A DATABASE THAT TRACKS, REPORTS AND SHARES INFORMATION FROM OUR MICROFINANCE INSTITUTION PARTNERS. 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 THE 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/FINANCE COMMITTEE, A 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 VP 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 FINANCE 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN ACCOUNTING POLICY TO RECORD LOANS AS RECEIVABLES RATHER THAN RECOVERABLE GRANTS EXPENSE 24,451,742. TOTAL TO FORM 990, PART XI, LINE 5: 24,451,742. GP FUND MANAGEMENT LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 203550156 FUND MANAGEMENT DE 352843 28743 N/A GP MICROFINANCE FUND 2006 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 208219947 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 405178 2468781 N/A GP MICROFINANCE FUND 2008 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 263382695 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 1497756 19935397 N/A GP SOCIAL INVESTMENT FUND 2010 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 320308627 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 391534 24248284 N/A GP MICROFINANCE FUND 2005 LLC 1932 FIRST AVENUE SUITE 400 SEATTLE WA 98101 203550130 FUND & MANAGE SOCIAL INVESTMENT LOANS DE 3236 0 N/A