THE GLOBAL DEVELOPMENT INCUBATOR INC: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: THE GLOBAL DEVELOPMENT INCUBATOR INC (EIN 14-1945286)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-11
IRS object ID: 201241329349100539
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
General Explanation Attachment
Other Expenses Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-11T14:49:04-00:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JARVIS W IRVING COMPANY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	104 FIFTH AVE 6TH FL	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10011	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	141945286	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE GLOBAL DEVELOPMENT INCUBATOR INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	GLOB	NameControl
Phone	2026596570	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	205 E 42ND STREET Room No 1830	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10017	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Henrik Skovby	Name
Title	Executive Director	Title
Date Signed	2012-05-11	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JARVIS W IRVING CPA	Name
Phone	2126750856	Phone
Date Prepared	2012-05-11	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	125100	FMVAssetsEOY
Method Of Accounting Accrual	X	MethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	139945	ContriReceivedRevAndExpnss
Capital Gain Net Incm Net Invst Incm	0	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	139945	TotalRevenueAndExpenses
Total Net Investment Income	0	TotalNetInvestmentIncome
Accounting Fees Rev And Expnss	1995	AccountingFeesRevAndExpnss
Other Expenses Rev And Expnss	14312	OtherExpensesRevAndExpnss
Tot Opr Expenses Rev And Expnss	16307	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	0	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	0	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	16307	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	0	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	123638	ExcessOfRevenueOverExpenses
Net Investment Income	0	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	412	CashBOY
Cash EOY	125100	CashEOY
Cash EOYFMV	125100	CashEOYFMV
Total Assets BOY	412	TotalAssetsBOY
Total Assets EOY	125100	TotalAssetsEOY
Total Assets EOYFMV	125100	TotalAssetsEOYFMV
Accounts Payable BOY	500	AccountsPayableBOY
Accounts Payable EOY	1550	AccountsPayableEOY
Total Liabilities BOY	500	TotalLiabilitiesBOY
Total Liabilities EOY	1550	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	-88	UnrestrictedBOY
Unrestricted EOY	123550	UnrestrictedEOY
Total Net Assets BOY	-88	TotalNetAssetsBOY
Total Net Assets EOY	123550	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	412	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	125100	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	-88	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	123638	ExcessOfRevenueOverExpenses
Subtotal	123550	Subtotal
Total Net Assets Fund Balances EOY	123550	TotalNetAssetsFundBalancesEOY

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	0	InvestmentIncomeExciseTax

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	false	RequirementsOfSect508e
At Least5000 In Assets	false	AtLeast5000InAssets
States Filed With	NY	StatesFiledWith
Private Operating Foundation	true	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Books In Care Of Person Name	Henrik Skovby	BooksInCareOfPersonName
Books In Care Of Phone Number	2026596570	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	205 E 42nd Street	AddressLine1
City	New York	City
State	NY	State
ZIP Code	10017	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (6 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
Henrik Skovby
205 E 42nd Street Suite 1830	New York	NY	10017	Exec Dir	000.00	0
Daniella Ballou-Aares
205 E 42nd Street Suite 1830	New York	NY	10017	Prog Dir	000.00	0
Barbara Addy
205 E 42nd Street Suite 1830	New York	NY	10017	Board Mem	000.00	0
Katherine Cousins
205 E 42nd Street Suite 1830	New York	NY	10017	Board Mem	000.00	0
Beth Shiferaw
205 E 42nd Street Suite 1830	New York	NY	10017	Board Mem	000.00	0
Rupa Athreya
205 E 42nd Street Suite 1830	New York	NY	10017	Board Mem	000.00	0

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	DEVELOPMENT OF BUSINESS PLAN FOR ASPEN NETWORK OF DEVELOPMENT ENTREPRENEURS INCLUDING ESTABLISHING A CLEARINGHOUSE FOR CAPITAL AGGREGATION, DEVELOPMENT OF STANDARD SOCIAL AND FINANCIAL METRICS, DEVELOPMENT OF FUEL THE MOVEMENT PLAN.	Description1
Expenses1	14000	Expenses1

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	X	Sect4942j3j5FndtnAndFrgnOrg
Distributable Amount As Adjusted	0	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	0	ExpensesAndContributions

Private Operating Foundations PrivateOperatingFoundations

Field	Value	IRS element (for citing)
Section4942j3	X	Section4942j3

Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn

Field	Value	IRS element (for citing)
Current Year	0	CurrentYear
Total	0	Total

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Total	0	Total

Total Assets TotalAssets

Field	Value	IRS element (for citing)
Current Year	125100	CurrentYear
Total	125100	Total

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3Bi

Field	Value	IRS element (for citing)
Current Year	125100	CurrentYear
Total	125100	Total

Total Support TotalSupport

Field	Value	IRS element (for citing)
Current Year	139945	CurrentYear
Year1	1400	Year1
Year2	35207	Year2
Year3	507500	Year3
Total	684052	Total

Largest Support From EO LargestSupportFromEO

Field	Value	IRS element (for citing)
Current Year	139945	CurrentYear
Year1	1400	Year1
Year2	35207	Year2
Year3	507500	Year3
Total	684052	Total

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Only Contributes To Preselected	X	OnlyContributesToPreselected

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF

Contributor Info ContributorInfo (2 entries)

Contributor NumberContributorNumber	Contributor Name IndividualContributorNameIndividual	Address Line1ContributorAddressUS/AddressLine1	CityContributorAddressUS/City	StateContributorAddressUS/State	ZIP CodeContributorAddressUS/ZIPCode	Aggregate ContributionsAggregateContributions	Person Contribution TypePersonContributionType
0001	The Overbrook Foundation	122 E 42nd St Suite 2500	New York	NY	10168	125000	X
0002	The Rockefeller Foundation	420 5th Ave	New York	NY	10018	10000	X

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	JARVIS W IRVING CO LLP	Category
Amount	$1,995	Amount

General Explanation Attachment GeneralExplanationAttachment

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks
CONSULTANTS	14000
BANK CHARGES	312

Comments