2025-11-06T14:02:03-06:00 2024-12-31 812950760 SAX LLP 1040 AVENUE OF THE AMERICAS-16TH FL NEW YORK NY 10018 990 2024-01-01 161756484 FOUNDATION FOR THE GLOBAL COMPACT FOUN 2129071309 685 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 ALEX STEIN MANAGING DIRECTOR 2129071309 2025-11-06 1 0 MARQUS WHITE P00053187 2126857000 2025-11-06 2024 2025-03-06 01:10:19Z ALEX STEIN 685 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 48305060 0 X WWW.GLOBALCOMPACTFOUNDATION.ORG X 2006 NY RAISE FUNDS SUPPORTING WORK OF THE UN GLOBAL COMPACT OFFICE AND GLOBAL COMPACT-RELATED ACTIVITIES. 7 7 128 8 0 0 48663703 47374323 474170 880277 54571 50460 0 0 49192444 48305060 5059479 9794371 0 0 10712291 16607345 0 0 784925 29739286 25336249 45511056 51737965 3681388 -3432905 30561686 26363750 17349515 17082021 13212171 9281729 X THE FOUNDATION FOR GLOBAL COMPACT IS A NON PROFIT ORGANIZATION ESTABLISHED TO HELP RAISE FUNDS TO SUPPORT THE WORK OF THE UN GLOBAL COMPACT OFFICE AND GLOBAL COMPACT-RELATED ACTIVITIES. 0 0 43649310 9794371 880277 THE FOUNDATION SUPPORTED THE UN GLOBAL COMPACT TO PLAN AND IMPLEMENT ITS PROGRAMMATIC GOALS. THE UN GLOBAL COMPACT IS THE LARGEST CORPORATE SUSTAINABILITY INITIATIVE IN THE WORLD, WITH MORE THAN 12,000 COMPANIES AND 3,000 NON-BUSINESS SIGNATORIES BASED IN OVER 160 COUNTRIES, AND 69 LOCAL NETWORKS. BUSINESSES THAT JOIN THE INITIATIVE COMMIT AT THE CEO-LEVEL TO ALIGN THEIR CORPORATE STRATEGIES AND OPERATIONS WITH TEN PRINCIPLES ON HUMAN RIGHTS, LABOUR, ENVIRONMENT AND ANTI-CORRUPTION, AND TAKE ACTIONS TO SUPPORT THE SUSTAINABLE DEVELOPMENT GOALS. THROUGH PROVIDING AUTHORITATIVE GUIDANCE, TRAINING, TOOLS AND SUPPORT, AND CONNECTING STAKEHOLDERS ACROSS THE GLOBE, THE UN GLOBAL COMPACT ENABLES BUSINESSES OF ALL SIZES AND FROM ALL SECTORS TO ACHIEVE THEIR SUSTAINABILITY OBJECTIVES. THE UN GLOBAL COMPACT HAS AN ENDURING TRACK RECORD ON DELIVERING IMPACT, AND WORKS ALONGSIDE SEVERAL STRATEGIC PARTNERS TO DO SO, INCLUDING THE LARGEST RESPONSIBLE INVESTMENT AND RESPONSIBLE MANAGEMENT EDUCATION INITIATIVES IN THE WORLD. THE PRINCIPLES FOR RESPONSIBLE INVESTMENT (PRI) INITIATIVE IS A NETWORK OF INTERNATIONAL INVESTORS THAT COUNTS MORE THAN 20,000 PARTICIPANTS FROM THE FINANCIAL SECTOR WITH MORE THAN US $86 TRILLION WORTH OF ASSETS UNDER MANAGEMENT. THE PRINCIPLES FOR RESPONSIBLE MANAGEMENT EDUCATION (PRME) INITIATIVE IS THE LARGEST RESPONSIBLE MANAGEMENT EDUCATION NETWORK IN THE WORLD, WORKING TO TRANSFORM BUSINESS AND MANAGEMENT EDUCATION, RESEARCH AND THOUGHT LEADERSHIP GLOBALLY, AND EDUCATE TOMORROW'S RESPONSIBLE BUSINESS LEADERS.CHANGE HAPPENS ON THE GROUND. TO ACCELERATE THE TRANSFORMATION TOWARDS SUSTAINABLE MARKETS, THE GLOBAL COMPACT IS COMMITTED TO HELPING COMPANIES MAKE THE GLOBAL GOALS LOCAL BUSINESS. THROUGH ITS 69 GLOBAL COMPACT LOCAL NETWORKS, THE UN GLOBAL COMPACT SPANS THE WORLD, WORKING IN BOTH MATURE AND EMERGING MARKETS. IN RECENT YEARS, LOCAL NETWORKS IN DEVELOPING COUNTRIES IN PARTICULAR HAVE EXPERIENCED SIGNIFICANT GROWTH. THROUGH ITS LOCAL NETWORKS, BUSINESSES HAVE A SEAT AT THE TABLE TO HELP SOLVE SOCIAL AND ENVIRONMENTAL CHALLENGES AND TAKE ACTION THROUGH PUBLIC-PRIVATE PARTNERSHIPS. GLOBAL COMPACT LOCAL NETWORKS ARE BUSINESS-LED, MULTI-STAKEHOLDER PLATFORMS THAT WORK DIRECTLY WITH BUSINESSES TO HELP THEM IMPLEMENT THE TEN PRINCIPLES OF THE UN GLOBAL COMPACT AND ADVANCE THE SUSTAINABLE DEVELOPMENT GOALS. THANKS TO THEIR LOCAL AND REGIONAL EXPERTISE, LOCAL NETWORKS ARE UNIQUELY POSITIONED TO HELP COMPANIES UNDERSTAND WHAT RESPONSIBLE BUSINESS MEANS WITHIN DIFFERENT NATIONAL, CULTURAL AND LANGUAGE CONTEXTS. THEY FACILITATE OUTREACH, LEARNING, POLICY DIALOGUE, COLLECTIVE ACTION AND PARTNERSHIPS.TO SUPPORT COMPANIES EVERYWHERE IN ADVANCING THE AMBITIONS OF THE 2030 AGENDA FOR SUSTAINABLE DEVELOPMENT, THE UN GLOBAL COMPACT HAS DEVELOPED A PORTFOLIO OF ACTION PLATFORMS TO ADVANCE RESPONSIBLE BUSINESS ACTIVITIES AND FILL EMERGING GAPS IN MEETING THE GLOBAL GOALS. THROUGH THESE ACTION PLATFORMS, THE UN GLOBAL COMPACT INVITES BUSINESSES TO COLLABORATE WITH LIKE-MINDED PEERS AND EXPERTS TO DEVELOP UNIQUE AND INNOVATIVE APPROACHES TO CRITICAL CORPORATE SUSTAINABILITY ISSUES. ROOTED IN THE TEN PRINCIPLES OF THE UN GLOBAL COMPACT, EACH ACTION PLATFORM CONVENES REPRESENTATIVES FROM BUSINESS, GLOBAL COMPACT LOCAL NETWORKS, ACADEMIA, CIVIL SOCIETY, GOVERNMENT AND THE UNITED NATIONS TO SOLVE COMPLEX AND INTERCONNECTED ISSUES, EXPLORE NEW MARKET OPPORTUNITIES AND INNOVATE AROUND THE GLOBAL GOALS THE UN GLOBAL COMPACT.TO DELIVER IMPACT AT SCALE, THE UN GLOBAL COMPACT IS WORKING WITH ITS BUSINESS PARTICIPANTS AT THE COUNTRY LEVEL THROUGH LOCAL NETWORKS TO GENERATE ACTION THROUGH A SERIES OF GLOBAL IMPACT INITIATIVES THAT ADDRESS KEY GLOBAL CHALLENGES. GLOBAL IMPACT INITIATIVES ARE DESIGNED TO ACCELERATE ACTION, SCALE AND THE MAINSTREAMING OF BEST PRACTICES, INNOVATION AND AMBITION TO SUPPORT THE ACHIEVEMENT OF THE GLOBAL GOALS.AIMS TO MAINSTREAM THE SUSTAINABLE DEVELOPMENT GOALS AMONG BUSINESSES WORLDWIDE. THROUGH IMPLEMENTING MORE INNOVATIVE AND AMBITIOUS BUSINESS STRATEGIES AND FINANCIAL INSTRUMENTS, THE INITIATIVE WILL ENCOURAGE COMPANIES TO THINK CRITICALLY AND CREATIVELY ABOUT THEIR SDG IMPACT. ULTIMATELY, SDG AMBITION SEEKS TO CHALLENGE COMPANIES TO ACCELERATE GLOBAL PROGRESS AND IMPACT TO MAKE THE GLOBAL GOALS A REALITY.FOCUSES ON SCALING UP CORPORATE CLIMATE ACTION BY RAISING AWARENESS, SHOWCASING A HOLISTIC APPROACH TO CORPORATE CLIMATE ACTION AND SUPPORTING SCIENCE-BASED TARGET SETTING. AS A COMPLEMENT TO THE "BUSINESS AMBITION FOR 1.5C OUR ONLY FUTURE" CAMPAIGN, IT WILL ENCOURAGE COMPANIES TO ALIGN THEIR CLIMATE TARGETS WITH A 1.5C PATHWAY THROUGH MITIGATION AND ADAPTATION MEASURES. IT WILL ALSO EMPHASIZE THE IMPORTANCE OF "AMBITION LOOPS," WHERE BOLD BUSINESS LEADERSHIP AND BOLD GOVERNMENT POLICIES REINFORCE EACH OTHER. THE END GOAL OF TARGET CLIMATE 1.5C IS TO FACILITATE A JUST TRANSITION OF OUR GLOBAL ECONOMY TO A NET-ZERO FUTURE BY 2050.CALLS ON COMPANIES TO IDENTIFY YOUNG TALENT WITHIN THEIR ORGANIZATIONS TO GIVE THE NEXT GENERATION OF LEADERS AN OPPORTUNITY TO COLLABORATE WITH PEERS AND ACCELERATE BUSINESS INNOVATIONS TO SUPPORT THE GLOBAL GOALS. IT AIMS TO ACTIVATE FUTURE BUSINESS LEADERS AND CHANGE MAKERS TO DEVELOP AND DRIVE BOLD SOLUTIONS THROUGH NEW TECHNOLOGIES, INITIATIVES AND BUSINESS MODELS THAT ENABLE THE PRIVATE SECTOR TO BE A POWERFUL FORCE FOR GOOD. THE YOUNG SDG INNOVATORS PROGRAM IS DESIGNED TO ENGAGE THE BRIGHTEST AND BEST TALENT TO DELIVER TANGIBLE INNOVATIONS TO SUPPORT THEIR COMPANY'S SUSTAINABILITY OBJECTIVES WHILE ALSO FACILITATING LONG-TERM BUSINESS SUCCESS.SUPPORTING COMPANIES IN SETTING AND REACHING AMBITIOUS CORPORATE TARGETS FOR WOMEN'S REPRESENTATION AND LEADERSHIP ACROSS BUSINESS AND AT ALL LEVELS. THROUGH FACILITATED PERFORMANCE ANALYSIS, CAPACITY BUILDING WORKSHOPS, PEER TO PEER LEARNING AND MULTI-STAKEHOLDER DIALOGUE AT THE COUNTRY-LEVEL, IT HELPS BUSINESS DEEPEN IMPLEMENTATION OF THE WOMEN'S EMPOWERMENT PRINCIPLES. THE INITIATIVE ALSO STRENGTHENS CONTRIBUTIONS TO SUSTAINABLE DEVELOPMENT GOAL 5.5, WHICH CALLS FOR WOMEN'S FULL AND EFFECTIVE PARTICIPATION AND OPPORTUNITY FOR LEADERSHIP, INCLUDING IN ECONOMIC LIFE. AS A GLOBAL IMPACT INITIATIVE, IT AIMS TO ACCELERATE THE PACE OF PROGRESS ON GENDER EQUALITY WITHIN THE PRIVATE SECTOR. 43649310 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 94 0 1 128 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 NY X ALEX STEIN 2129071395 685 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 SIR MARK MOODY-STUART CHAIRMAN 2.00 X X 0 0 0 JAMES V KEARNEY DIRECTOR (THROUGH 10/24) 2.00 X X 0 0 0 HENRIK O MADSEN DIRECTOR 2.00 X 0 0 0 OLIVER F WILLIAMS DIRECTOR 2.00 X 0 0 0 JOAN G RALL DIRECTOR 2.00 X 0 0 0 MARCIA BALISCIANO DIRECTOR 2.00 X 0 0 0 STEPHEN AMDUR DIRECTOR 2.00 X 0 0 0 CHRIS GRAY DIRECTOR 2.00 X 0 0 0 ALEX STEIN MANAGING DIR. 40.00 X 298152 0 67705 AUDE NAUDET-COQUATRIX GENERAL COUNSEL 40.00 X 199850 0 29548 CLAIRE BAUNMAN HEAD OF SUSTAINABLE FINANCE 40.00 X 211100 0 30207 SUSAN STAWICKI HEAD OF COP 40.00 X 201100 0 35923 CLAUDIA KIRKWALD HEAD OF MARKETING 40.00 X 178695 0 41839 JAMES MBOTE SENIOR MANAGER OF HR 40.00 X 157500 0 37238 VALERIE VILLACHA SUTTON HEAD OF OPERATIONS 40.00 X 167828 0 51947 1414225 0 294407 39 0 1 0 AGILE FREAKS SRL DORULUI 20/4A SIBIU RO 550352 IT ARTCHITECTURE 977132 THE BOSTON CONSULTING GROUP INC 200 PIER 4 BOULEVARD BOSTON MA 02210 STRATEGIC PLANNING 861453 ACCENTURE 395 9TH AVE NEW YORK NY 10001 STRATEGIC PLANNING 520000 196 LLC 10815 PALISADES DRIVE SAN FRANCISCO CA 96161 EVENT PRODUCTION 499476 BEFLIER 7301 STATE HIGHWAY 161 IRVING TX 75039 TRAVEL AGENCY 471660 44 47374323 47374323 EVENT INCOME 900099 880277 880277 880277 50460 50460 48305060 880277 0 50460 X 8900000 8900000 894371 894371 595256 182929 394034 18293 11951610 9091765 2465163 394682 1588026 1296806 244034 47186 1183726 942678 205990 35058 1288727 1021158 229105 38464 24805 24805 306618 306618 11958460 10611199 1244325 102936 358510 266208 81653 10649 1822673 682692 1089370 50611 2097014 1572761 461342 62911 2063003 1873398 186315 3290 364198 268501 84957 10740 20403 20403 EVENT EXPENSE 6007368 5809944 196715 709 BANK CHARGES AND OTHER 313197 234900 68901 9396 51737965 43649310 7303730 784925 6162277 1625623 1234965 221167 11055587 12360534 1565827 1824294 3233084 1810833 888543 1422251 9654487 8909881 30561686 26363750 6063359 8051088 638339 10647817 9030933 17349515 17082021 X 10091531 5893641 3120640 3388088 13212171 9281729 30561686 26363750 X -3432905 -497537 X 0 1 X 1 0 X 24607673 26474639 35642609 48663703 47374323 182762947 24607673 26474639 35642609 48663703 47374323 182762947 21706409 161056538 509 364 5156 54571 50460 111060 182874007 2760327 0.88070 0.90180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 392163 295195 96968 2840921 1515638 1325283 1422251 RESTRICTED CASH 1206147 OPERATING LEASE ROU 7681772 FINANCE LEASE ROU 21962 8909881 OPERATING LEASE 9008740 FINANCE LEASE 22193 9030933 X 51087523 3280000 -497537 2782463 48305060 0 48305060 55017965 3280000 3280000 51737965 0 51737965 PART X, LINE 2: THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR PERIODS ENDING DECEMBER 31, 2021 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET OF CHANGE IN ALLOWANCE FOR DOUBTFUL ACCOUNTS -497,537. 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 GRANTS PAID LOCAL NETWORK DEVELOPMENT 284540 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS PAID LOCAL NETWORK DEVELOPMENT 190507 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS PAID LOCAL NETWORK DEVELOPMENT 159898 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTS PAID LOCAL NETWORK DEVELOPMENT 190946 EAST ASIA AND THE PACIFIC 0 0 GRANTS PAID LOCAL NETWORK DEVELOPMENT 54129 0 0 0 0 0 0 880020 0 880020 ASIA GLOBAL OPERATION 54129 WIRE TRANSFER 0 EUROPE GLOBAL OPERATION 159898 WIRE TRANSFER 0 SOUTH AMERICA GLOBAL OPERATION 190946 WIRE TRANSFER 0 AFRICA GLOBAL OPERATION 284540 WIRE TRANSFER 0 MIDDLE EAST GLOBAL OPERATION 190507 WIRE TRANSFER 0 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION HAS SUBGRANTEES FROM GRANTS RECEIVED THAT ARE THEN REGRANTED TO OTHER ORGANIZATIONS, INCLUDING BUT NOT LIMITED TO OUR INDEPENDENT NETWORKS, WHERE WE COMPLY WITH GRANTOR REPORTING REQUIREMENTS FOR PROGRAMMATIC AND FISCAL FIELDS. IN ADDITION THE FOUNDATION TRACKS ALL REVENUE AGAINST EXPENSES WITHIN OUR DIMENSIONAL P&L TO ENSURE NO EXPENSES ARE INCURRED OUTSIDE OF THE GRANT PRESCRIBED BUDGETED FUNDS. WE ALSO ADMINISTER LNDF GRANTS TO OUR INDEPENDENT NETWORKS WHICH ARE MANAGED AND SUPERVISED DIRECTLY BY OUR INTERNAL GLOBAL OPERATIONS TEAM. 1 UN GLOBAL COMPACT 685 THIRD AVENUE NEW YORK NY 10017 471590003 501 (C) (3) 8900000 0 OPERATING SUPPORT 1 PART IV- ADDITIONAL SUPPLEMENTAL INFORMATION THE GLOBAL COMPACT FOUNDATION (THE FOUNDATION) SUPPORTS THE WORK OF THE GLOBAL COMPACT INITIATIVE, WHICH IS MANAGED BY A UNITED NATIONS' ENTITY (GLOBAL COMPACT OFFICE). THE FOUNDATION'S MAIN FUNCTIONS ARE FUNDRAISING TO SUPPORT THE GLOBAL COMPACT INITIATIVE, PROVIDING FINANCIAL AND PROGRAM SUPPORT FOR THE GLOBAL COMPACT INITIATIVE AND ITS ACTIVITIES, AND PROMOTION AND ADVOCACY OF THE GLOBAL COMPACT INITIATIVE AND ITS PRINCIPLES. THE FOUNDATION PROVIDED GRANTS TO COVER A PORTION OF THE OPERATING EXPENSES OF THE GLOBAL COMPACT OFFICE. THESE COSTS ARE CONSIDERED PROGRAM ACTIVITY OF THE FOUNDATION. X X X 0 0 0 0 0 0 0 0 0 ALEX STEIN MANAGING DIR. 298152 0 0 0 0 0 53288 0 14417 0 365857 0 0 0 CLAIRE BAUNMAN HEAD OF SUSTAINABLE FINANCE 211100 0 0 0 0 0 29289 0 918 0 241307 0 0 0 SUSAN STAWICKI HEAD OF COP 201100 0 0 0 0 0 35005 0 918 0 237023 0 0 0 AUDE NAUDET-COQUATRIX GENERAL COUNSEL 199850 0 0 0 0 0 28912 0 636 0 229398 0 0 0 CLAUDIA KIRKWALD HEAD OF MARKETING 178695 0 0 0 0 0 27061 0 14778 0 220534 0 0 0 VALERIE VILLACHA SUTTON HEAD OF OPERATIONS 167828 0 0 0 0 0 37693 0 14254 0 219775 0 0 0 JAMES MBOTE SENIOR MANAGER OF HR 157500 0 0 0 0 0 23279 0 13959 0 194738 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT MAINTAIN INDIVIDUAL COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS VIA E MAIL PRIOR TO BEING FILED WITH THE IRS. ALL DIRECTORS WERE AFFORDED THE OPPORTUNITY TO ASK QUESTIONS AND OFFER EDITS. THE DECISION OF WHETHER TO MAKE EDITS WAS MADE BY THE STAFF PERSON IN CHARGE OF FINANCES WITHIN THE ORGANIZATION IN CONJUNCTION WITH CONSULTATION WITH OUR TAX PREPARER. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A BOARD APPROVED CONFLICTS OF INTEREST POLICY. EACH BOARD MEMBER MUST FILL OUT AN ANNUAL DECLARATION STATING THEY HAD NO CONFLICTS OR IDENTIFYING THE NATURE OF THEIR INTERESTED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15A MEMBERS OF THE BOARD REVIEWED AND CONSIDERED THE SALARIES OF COMPARABLE POSITIONS. BASED ON ITS UNDERSTANDING OF COMPARABLE SALARIED POSITIONS, THE BOARD APPROVED THE CONTRACT WITH THE AMOUNT OF COMPENSATION FOR THE DIRECTOR OF ADMINISTRATION AND MANAGING DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 10,611,199. MANAGEMENT AND GENERAL EXPENSES 1,244,325. FUNDRAISING EXPENSES 102,936. TOTAL EXPENSES 11,958,460. FORM 990, PART XI, LINE 9: WRITE-OFFS, NET OF CHANGE IN ALLOWANCE FOR DOUBTFUL ACCOUNTS -497,537. CORP SUSTAINABILITY SOLUTIONS LLC 2711 CENTERVILLE RD SUITE 400 WILMINGTON DE 19808 471448199 ESTABLISH FINANCIAL INDEX DE 0 0 FOUNDATION FOR THE GLOBAL COMPACT