2012-08-13T18:01:55-05:00 2011-12-31 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2011-01-01 208003146 INITIATIVE FOR GLOBAL DEVELOPMENT INIT 2063737150 1215 FOURTH AVENUE NO 650 SEATTLE WA 98161 DAVID REYNOLDS 2063737150 2012-08-13 1 SARA ELIZABETH J HYRE P00235495 4254544919 2011 2016-02-24 21:20:13Z JENNIFER POTTER 1215 FOURTH AVENUE NO 650 SEATTLE WA 98161 2210441 0 X WWW.IGDLEADERS.ORG X 2006 WA AN AFFILIATION OF CIVIC AND BUSINESS LEADERS WORKING TO REDUCE GLOBAL POVERTY. 12 12 16 13 0 0 1552848 1913558 855 30000 775 16527 0 0 1554478 1960085 0 0 0 0 1059611 1269174 0 0 228893 651706 626070 1711317 1895244 -156839 64841 1715185 1777104 103681 130995 1611504 1646109 X THE INITIATIVE FOR GLOBAL DEVELOPMENT IS A NATIONAL ALLIANCE OF BUSINESS LEADERS THAT CHAMPIONS EFFECTIVE SOLUTIONS TO GLOBAL POVERTY. 0 1 815602 30000 PROGRAMS FOR ENTERPRISE GROWTH- FRONTIER 100OVERVIEW: IGD'S SEMI-ANNUAL GLOBAL FRONTIER 100 FORUMS, REGIONAL SMALL GROUP EVENTS, AND FACILITATED PEER-TO-PEER RELATIONSHIPS CONNECT CEOS AND BUSINESS UNIT HEADS OF AFRICAN, SOUTH ASIAN, U.S., AND EUROPEAN COMPANIES WHO ARE RECOGNIZED SECTOR LEADERS AND SHARE A COMMITMENT TO POVERTY REDUCTION. CEOS BUILD RELATIONSHIPS AND SHARE KNOWLEDGE TO CATALYZE ECONOMIC GROWTH IN FRONTIER MARKETS IN SECTORS WITH HIGH POTENTIAL FOR REDUCING POVERTY. PARTICIPANTS: -MAKE CONNECTIONS AND BUILD RELATIONSHIPS TO FOSTER INVESTMENT OPPORTUNITIES AND BUSINESS EXPANSION IN AFRICA.-SHARE KNOWLEDGE AND INSIGHT TO INCREASE THE IMPACT AND EFFECTIVENESS OF MEMBERS' INVESTMENTS. -PROVIDE BUSINESS INPUT ON GLOBAL DEVELOPMENT INITIATIVES TO REDUCE BARRIERS TO SUSTAINABLE INVESTMENT IN FRONTIER MARKETSFRONTIER 100 HAD A PRODUCTIVE YEAR IN 2011, DELIVERING TWO MAJOR CEO FORUMS, 3 CONFERENCE CALLS, 1 REGIONAL DINNER AND 2 MAJOR REPORTS. PARTICIPATION REMAINS VERY HIGH (72% OF CEOS ATTENDED AT LEAST ONE EVENT) AND A CORE GROUP OF CEOS ARE REPEAT PARTICIPANTS. CEOS CONTINUE TO MOST HIGHLY VALUE RELATIONSHIP BUILDING, FOLLOWED BY KNOWLEDGE SHARING.FRONTIER 100 IS STARTING TO SHOW THE CONVERSION OF ACTIVITIES INTO IMPACT WITH A NUMBER OF CEOS PURSUING TRANSACTIONS AS A RESULT OF FRONTIER 100 ENGAGEMENT. SOME HIGHLIGHTS INCLUDE:- LED A U.S. MULTINATIONAL TO RETHINK ITS AFRICA STRATEGY BASED ON RELATIONSHIPS AND KNOWLEDGE BUILT THROUGH FRONTIER 100 ENGAGEMENT LEADING TO $75 MILLION INVESTMENT OVER 5 YEARS;- CONTRIBUTED MARKET KNOWLEDGE TO A PRIVATE EQUITY FIRM, HELPING IT BETTER ASSESS POTENTIAL TARGETS IN A NEW MARKET;- PROVIDED AN AFRICAN COMPANY WITH AN IMPORTANT INTERNATIONAL PARTNER FOR POTENTIAL MANUFACTURING INVESTMENT;- INFORMED THE DEVELOPMENT OF A COMMODITY EXCHANGE BASED ON A SUCCESSFUL MODEL EMPLOYED BY FRONTIER 100 CEO;- CONNECTED AN AFRICAN CEO TO THE USG PROGRAM "FEED THE FUTURE" THAT INFLUENCED HIS DECISION TO EXPAND INTO GHANA;- PROVIDED PARTNER FOR POTENTIAL INVESTMENT IN BEVERAGE INDUSTRY. 502055 DEVELOPMENT PARTNERSOVERVIEW: THIS WAS AN IMPORTANT YEAR IN THE EVOLUTION OF IGD'S WORK WITH THE U.S. GOVERNMENT AND OUR EFFORTS TO IMPROVE U.S. DEVELOPMENT POLICY. WE DELIVERED A SERIES OF SUCCESSFUL ADVOCACY EFFORTS AND EVENTS IN THE FIRST HALF OF THE YEAR INCLUDING CIRCULATING A LEADERSHIP COUNCIL LETTER TO CONGRESS ON ADEQUATE FUNDING FOR FOREIGN ASSISTANCE, ORGANIZING A POWER SECTOR-FOCUSED EVENT WITH THE MCC FEATURING FRONTIER 100 MEMBER COMPANY SYMBION, WORKING WITH THE ADMINISTRATION TO CONNECT INTERESTED COMPANIES TO "FEED THE FUTURE" AND "PARTNERSHIP FOR GROWTH", AND ENGAGING WITH MODERNIZED FOREIGN ASSISTANCE NETWORK AND THE NEW CONSENSUS FOR DEVELOPMENT REFORM ON CONGRESSIONAL OUTREACH FOCUSED ON PRIVATE SECTOR-LED DEVELOPMENT. THE MAJOR DEVELOPMENT OF THE YEAR, HOWEVER, WAS THE CREATION OF THE NEW MEMBERSHIP GROUP, IGD DEVELOPMENT PARTNERS, WHICH WAS LAUNCHED IN SEPTEMBER. THE GOAL OF DEVELOPMENT PARTNERS IS TO PROVIDE VALUE TO MEMBER COMPANIES AND TO ADVANCE PRIVATE SECTOR-LED DEVELOPMENT BY:- FACILITATING BUSINESS ENGAGEMENT AND INVESTMENT IN KEY DEVELOPMENT SECTORS, BOTH IN CONJUNCTION WITH THE FRONTIER 100 AND WITH U.S. GOVERNMENT DEVELOPMENT INITIATIVES;- IMPROVING PRIVATE SECTOR-FOCUSED U.S. GLOBAL DEVELOPMENT PROGRAMS AND TOOLS IN ORDER TO PROMOTE SUSTAINED ECONOMIC GROWTH AND ATTRACT BUSINESS INVESTMENT;- SERVING AS A FORUM FOR COMPANIES TO SHARE KNOWLEDGE ABOUT PARTNERING FOR DEVELOPMENT AND INVESTING WITH SOCIAL IMPACT.A DOZEN OR MORE MULTINATIONAL COMPANIES HAVE EXPRESSED INTEREST IN JOINING DEVELOPMENT PARTNERS AND WE ARE IN THE PROCESS OF ORGANIZING THREE DISTINCT EFFORTS IN WHICH COMPANIES CAN ENGAGE: 1) CREATING SPECIFIC BUSINESS RECOMMENDATIONS ON PRIVATE SECTOR-LED DEVELOPMENT, 2) PROMOTING ENERGY INVESTMENTS IN AFRICA, AND 3) PROMOTING AGRICULTURAL INVESTMENTS IN AFRICA. THE TWO SECTORAL EFFORTS WILL PROVIDE OPPORTUNITIES TO WORK IN CONJUNCTION WITH INTERESTED FRONTIER 100 COMPANIES AS WELL AS WITH U.S. GOVERNMENT INITIATIVES THAT ARE TARGETED AT ATTRACTING BUSINESS INVESTMENT TO AFRICA. THIS WILL BE THE FOUNDATION OF OUR WORK IN 2012. 105483 RECRUITMENTOVERVIEW: OUR STRATEGY IN 2011 WAS TO DEEPEN OUR ENGAGEMENT WITH CURRENT MEMBER COMPANIES AND RECRUIT NEW, TARGETED COMPANIES THROUGH PARTICIPATION IN FRONTIER 100 OR DEVELOPMENT PARTNERS. THE LEADERSHIP COUNCIL BECAME A WAY TO RECOGNIZE CEOS OF U.S. COMPANIES AS AN ELEVATED BODY FOR TOP DONORS. IGD TARGETED OUR RECRUITMENT TO COMPANIES OPERATING OR WANTING TO EXPAND IN AFRICA WITH AN EMPHASIS TO SECURE MORE U.S. COMPANIES PARTICIPATING IN FRONTIER 100. DEVELOPMENT PARTNERS WAS ALSO LAUNCHED IN 2011 TO FORMALIZE OUR RELATIONSHIP WITH COMPANIES INTERESTED IN LEVERAGING RESOURCES OF THE U.S. GOVERNMENT. TO DATE, IGD HAS RECRUITED 22 COMPANIES, MEETING OUR ANNUAL GOAL OF 22 FOR THE YEAR WITH THE EXPECTATION OF ADDING 5-8 MORE BY YEAR-END. OUR NETWORKS NOW TOTAL 69 COMPANIES PARTICIPATING IN FRONTIER 100 (28 U.S. AND EUROPEAN, 34 AFRICAN AND 7 SOUTH ASIAN), 32 COMPANIES ON THE LEADERSHIP COUNCIL (24 CURRENT CEOS, 8 FORMER) AND 12 COMPANIES EXPRESSING STRONG INTEREST IN DEVELOPMENT PARTNERS (WITH THE GOAL TO CONVERT 5-8 TO JOIN BY THE END OF THE YEAR.) 1423140 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 2 0 1 16 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK IL MN NJ NY OR VA CA FL MA WA X DAVID REYNOLDS 2063737158 1215 FOURTH AVENUE SUITE 650 SEATTLE WA 98161 PHYLLIS J CAMPBELL 1.00 X X 0 0 0 WILLIAM H CLAPP 0.20 X 0 0 0 DANIEL J EVANS 1.00 X 0 0 0 CARLETON S FIORINA 1.00 X 0 0 0 DAVID GOLDBERG 1.00 X 0 0 0 SALLY JEWELL 2.00 X 0 0 0 ROBERT MOSBACHER JR 3.00 X 0 0 0 MICHAEL J PHILLIPS 1.00 X 0 0 0 WILLIAM D RUCKELSHAUS 1.00 X 0 0 0 JOHN SHALIKASHVILI 1.00 X 0 0 0 CHARLES SLAUGHTER 1.00 X 0 0 0 THEODORE M SOLSO 1.00 X 0 0 0 RICHARD S SWANSON 1.00 X 0 0 0 JENNIFER POTTER 40.00 X 134603 0 8348 KRISTEN DAILEY 40.00 X 104425 0 12724 MEGAN BOWMAN 40.00 X 93092 0 13569 KATHERINE SWITZ 40.00 X 113115 0 959 DAVID REYNOLDS 24.00 X 61416 0 975 JERI JENSEN 40.00 X 114047 0 0 620698 0 36575 4 0 0 0 DALBERG CONSULTING 818 18 ST NW SUITE 505 WASHINGTON DC 20006 PROGRAM CONSULTING 107218 1 1913558 39000 1913558 CONSULTING FEES 900099 30000 30000 30000 15724 15724 251159 250356 803 803 803 1960085 30000 0 16527 543315 436939 78971 27405 566679 353985 83659 129035 907 641 135 131 80560 53661 14137 12762 77713 54889 11602 11222 5048 5048 21085 21085 1159 1159 256150 231577 2169 22404 61816 61033 783 18551 13939 2088 2524 33096 24182 4518 4396 108639 87952 10691 9996 75803 73940 1863 1366 1366 21474 14442 3811 3221 11729 8558 1412 1759 10154 7402 1360 1392 1895244 1423140 243211 228893 177463 103233 204 37507 1491614 616785 30709 53632 89157 63407 15195 25750 0 931197 0 9000 1715185 1777104 103681 130995 103681 130995 X 94890 640120 1516614 1005989 1611504 1646109 1715185 1777104 X 64841 -30236 X 0 1 1 X 0 X 1772577 1383839 2350059 1552848 1913558 8972881 1772577 1383839 2350059 1552848 1913558 8972881 5184051 3788830 10306 7323 1691 775 15724 35819 9008700 75295 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 PART IV, SUPPLEMENTAL INFORMATION: INITIATIVE FOR GLOBAL DEVELOPMENT HAS MADE A 501(H) ELECTION BUT INCURRED NO LOBBYING EXPENSES DURING 2011. 49151 24209 24942 40006 39198 808 25750 1960085 1895244 64841 -5228 -25008 -30236 34605 1994857 -5228 40000 34772 1960085 0 1960085 1960252 40000 25008 65008 1895244 0 1895244 PART XI, LINE 8 - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES -25,008. PART XIII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES 25,008. SUB-SAHARAN AFRICA - ANGOLA, 0 0 PROGRAM SERVICES FRONTIER 100 MEETING EXPENSES 22510 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES FRONTIER 100 TRAVEL EXPENSES 1631 0 0 0 0 0 0 24141 0 24141 0 0 0 0 0 0 X 1 14000 FAIR MARKET VALUE X 1 25000 FAIR MARKET VALUE 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE AMOUNT FOR NUMBER OF CONTRIBUTORS REPRESENTS TOTAL NUMBER OF DONORS DURING THE YEAR. FORM 990, PART I, LINE 6: NUMBER OF VOLUNTEERS: THERE ARE 13 VOLUNTEER MEMBERS OF THE BOARD. CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 THE ORGANIZATION DISCONTINUED ITS "AGINVEST" PROGRAM. FORM 990, PART VI, SECTION B, LINE 11 BOARD MEMBERS ARE INFORMED UPON COMPLETION OF FORM 990 AND PROVIDED WITH A COPY AND ADVISED TO REVIEW IT BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE SENT A CONFLICT OF INTEREST DISCLOSURE STATEMENT WHICH THEY ARE REQUIRED TO COMPLETE AND RETURN TO THE SECRETARY, WHO REVIEWS THE INFORMATION TO DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT OCCURS DURING THE YEAR, THE CONFLICT MUST BE REPORTED TO THE ORGANIZATION FOR REVIEW AND IF A CONFLICT IS FOUND THE INDIVIDUAL WILL RECUSE THEMSELVES FROM VOTING OR DISCUSSING THOSE PARTICULAR MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION PARTICIPATES IN THE WAGE AND SALARY SURVEY CONDUCTED BY UNITED WAY OF KING COUNTY. RESULTS OF THE SURVEY ARE REVIEWED TO DETERMINE AREAS OF LARGE DISPARITIES IN COMPENSATION DURING HIRING AND WHILE EVALUATING EXISTING EMPLOYEE SALARIES. ALONG WITH THE SURVEY INFORMATION, A 360 DEGREE REVIEW PROCESS IS USED WHEREBY THE BOARD AND THOSE WHO DIRECTLY REPORT TO THE CEO EVALUATE PERFORMANCE. ULTIMATELY, THE BOARD CHAIR IS RESPOSIBLE FOR THE CEO'S PERFORMANCE AND SALARY REVIEW ANNUALLY. THE CEO REVIEWS ALL OTHER OFFICER COMPENSATION ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -5,228. UNCOLLECTIBLE PLEDGES -25,008. TOTAL TO FORM 990, PART XI, LINE 5: -30,236.