EIN 16-1756484

Foundation for the Global Compact

IRS 501(c) type
501(c)(3)
Num. employees
85
Year formed
2006
Most recent tax filings
2022-12-01
Description
The Foundation for the Global Compact is based on the principle that public-private collaboration is essential to find lasting solutions to pressing global problems.
Total revenues
$41,502,333
2022
Total expenses
$35,293,985
2022
Total assets
$25,756,254
2022
Num. employees
85
2022

Program areas at Foundation for the Global Compact

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. (continue on schedule o)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 2,300 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.

Who funds Foundation for the Global Compact

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Susan Thompson Buffett FoundationProgram Support$500,000
PVH FoundationContribution Provided$150,000
PVH FoundationContribution Provided$75,000
...and 6 more grants received

Personnel at Foundation for the Global Compact

NameTitleCompensation
Alex SteinManaging Director$276,312
Aude Naudet-CoquatrixGeneral Counsel / SM Programs$136,097
James MboteSenior Manager , Human Resources / SM Human Resources$132,497
Michelle BreslauerSenior Manager , Programs$127,380
James KearneyChairman / Director$0
...and 1 more key personnel

Financials for Foundation for the Global Compact

RevenuesFYE 12/2022
Total grants, contributions, etc.$40,970,714
Program services$126,372
Investment income and dividends$5,156
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$400,091
Total revenues$41,502,333

Form 990s for Foundation for the Global Compact

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-03-02990View PDF
2018-122020-01-14990View PDF
...and 9 more Form 990s

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OrganizationLocationRevenue
CIVICUS World Alliance for Citizen ParticipationWashington, DC$10,572,711
Hudson InstituteWashington, DC$24,783,916
Open Government Partnership SecretariatWashington, DC$12,909,042
Federation of American Scientists (FAS)Washington, DC$11,455,084
ACLED Analysis IncorporatedGrafton, WI$14,453,263
Global Peace FoundationLanham, MD$11,995,301
Search for Common GroundWashington, DC$37,845,702
The Carter CenterAtlanta, GA$153,773,756
Health Security PartnersWashington, DC$13,339,451
DT InstituteArlington, VA$16,686,547
Data update history
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $500,000 from The Susan Thompson Buffett Foundation
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $22,503 from American Online Giving Foundation
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 2 new personnel
January 1, 2024
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Social advocacy organizationsInternational-focused organizationsCharities
Issues
Foreign affairsWorld peace
Characteristics
Political advocacyTax deductible donationsAccepts online donations
General information
Address
685 Third Ave 12th Floor
New York, NY 10017
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
globalcompactfoundation.org/ 
Phone
(212) 907-1301
Facebook page
UNGlobalCompact 
IRS details
EIN
16-1756484
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q40: International Peace and Security
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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