2024-10-17T07:56:45-05:00 2023-12-31 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990 2023-01-01 205545018 GLOBAL INVESTMENT FOUNDATION FOR TOMORROW INC GLOB 3025451677 1201 N ORANGE STREET 7265 WILMINGTON DE 19801 SAMUEL BEARD PRESIDENT 3025451677 2024-10-14 1 0 JONATHAN D MOLL CPA P01053700 3022250600 2024-10-14 2023 2024-10-15 13:58:12Z SAMUEL BEARD 1201 N ORANGE STREET 7265 WILMINGTON DE 19801 1151203 0 X WWW.GIFTCONNECT.ORG X 2006 DE AMPLIFY THE IMPORTANCE OF EARLY CHILDHOOD DEVELOPMENT THROUGH THE POWERS OF MUSIC, TECHNOLOGY, COLLABORATION AND GRASSROOTS ADVOCACY. 10 9 1 40 0 0 867370 1151203 0 0 0 0 0 0 867370 1151203 0 0 0 0 203929 193390 0 0 68565 646520 954643 850449 1148033 16921 3170 323013 373696 296643 344156 26370 29540 X TO ADVOCATE FOR AND EDUCATE ON THE IMPORTANCE OF EARLY CHILDHOOD DEVELOPMENT, WE CREATE AND SUPPORT INNOVATIVE TECHNOLOGY SOLUTIONS AND MUSIC-CENTRIC PROGRAMMING THAT SEEK TO RAISE AWARENESS, EDUCATE AND EMPOWER MOTHERS AND CAREGIVERS, WITH A HIGH FOCUS ON UNDERSERVED COMMUNITIES. WE STRENGTHEN OUR DELIVERY THROUGH ALLIANCES WITH COMMUNITY LEADERS AND ORGANIZATIONS ACROSS THE NATION AND AROUND THE WORLD TO ENERGIZE ENGAGEMENT, INSPIRE CONTRIBUTIONS AT EVERY LEVEL, AND AMPLIFY COLLABORATIVE SOLUTIONS IN EARLY CHILDHOOD DEVELOPMENT. 0 0 786641 CREATE EDUTAINMENT SONGS THAT EDUCATE ON THE IMPORTANCE OF EARLY CHILDHOOD DEVELOPMENT AND AMPLIFY THE MESSAGE THROUGH MEDIA AND PSA CAMPAIGNS EDUCATE ON THE IMPORTANCE OF EARLY CHILDHOOD DEVELOPMENT AND HOW TO PRACTICE RESPONSIVE CAREGIVER-CHILD INTERACTION IN PERSON THROUGH KEYNOTE CONCERT EVENTS AND SMALL COMMUNITY EVENTS FOR UNDERSERVED POPULATIONS AND DIGITALLY THROUGH SOCIAL MEDIA AND EMAIL CAMPAIGNS THAT HAVE THE ABILITY TO REACH ALL MOTHERS AND CAREGIVERS.PROVIDE TOOLS AND RESOURCES TO EMPOWER MOTHERS AND CAREGIVERS, INCLUDING A TIPS LIBRARY ON OUR WEBSITE, OUR LULLABY CREATION PROGRAMS AND OUR AI-POWERED TECHNOLOGY SOLUTIONS. 786641 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 15 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X SAMUEL BEARD 3025451677 1201 N ORANGE STREET SUITE 7265 WILMINGTON DE 19801 SAMUEL BEARD PRESIDENT AND CEO 40.00 X X 75000 0 0 NANCY LEONARD TREASURER (RESIGNED FEB '23) 6.00 X X 11410 0 0 SUZANNE HALL BOARD MEMBER 1.00 X 0 0 0 MARK HOLDEN CHAIRMAN 1.00 X X 0 0 0 RIKA YOSHIKAWA BOARD MEMBER 1.00 X 0 0 0 EMEKA IGWE BOARD MEMBER 1.00 X 0 0 0 SANDON NIXON SECRETARY (RESIGNED JUN '23) 1.00 X X 60000 0 0 OLIVIA SOLEIL VICE PRESIDENT 1.00 X X 0 0 0 DOUG LAMBERT BOARD MEMBER 1.00 X 0 0 0 STELLAR MANGELE VICE PRESIDENT 1.00 X X 0 0 0 JOSE ANTONIO TIJERINO VICE PRESIDENT 1.00 X X 0 0 0 BETH WALLER BOARD MEMBER 1.00 X 0 0 0 JUDITH OTTER EXECUTIVE DIRECTOR AND COO 30.00 X 0 0 0 SHEILA NEFF SECRETARY 1.00 X 40695 0 0 187105 0 0 0 0 0 0 JUDY OTTER CONSULTING - NONPROFIT 360 I 15 BAY VIEW AVENUE MS MATTAPOISETT MA 02739 MANAGEMENT CONSULTING 156000 ELIZABETH GIBBS 1412 GORDON PLACE WINCHESTER VA 22601 MANAGEMENT CONSULTING 130000 2 79975 1071228 1151203 1151203 0 0 0 X 187105 106597 57688 22820 548 411 137 5737 4303 1434 27018 3960 23058 19350 19350 649682 571418 42272 35992 22814 11890 10924 59842 50581 5414 3847 12468 9974 1247 1247 30884 24707 3089 3088 2800 2800 28463 28463 917 917 BAD DEBT - PLEDGE W/O 100000 100000 MISC EXP 405 0 405 0 1148033 786641 292827 68565 8526 12954 314487 359613 1129 323013 373696 7413 55926 21000 0 268230 288230 296643 344156 X -9151 7037 35521 22503 26370 29540 323013 373696 3170 0 X X 0 1 X 1 0 X 841681 505581 904893 867370 1151203 4270728 841681 505581 904893 867370 1151203 4270728 2790906 1479822 4270728 0.34650 0.41250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1151203 0 1151203 0 1151203 1148033 0 1148033 0 1148033 PART X, LINE 2: INCOME NOT RELATED TO GIFT'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA IMPOSE A THRESHOLD FOR DETERMINING WHEN AN INCOME TAX BENEFIT CAN BE RECOGNIZED IN REGARD TO UNCERTAIN TAX POSITIONS. GIFT HAS DETERMINED THAT NO LIABILITY FOR UNCERTAIN TAX POSITIONS IS REQUIRED TO BE ACCRUED AND INCLUDED IN THE STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31, 2023. GIFT'S TAX PERIODS ARE OPEN TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS. SAMUEL BEARD BOARD MEMBER, OFFICER SHORT-TERM ADVANCE FOR LIQUIDITY X 70000 0 0 0 0 JUDY OTTER CONSULTING - NONPROFIT 360 INC OWNED BY OFFICER 156000 MANAGEMENT CONSULTING 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S BOARD OF DIRECTORS ARE PROVIDED WITH A DRAFT COPY OF THE FEDERAL FORM 990 FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS GIFT IS A NONPROFIT ORGANIZATION AND IN ORDER TO MAINTAIN ITS TAX EXEMPT STATUTS MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. EACH VOTING MEMBER OF THE BOARD SHALL ANNUALLY SIGN A STATEMENT WHICH DECLARES WHETHER SUCH PERSON IS AN INDEPENDENT DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15A GIFT'S BOARD OF DIRECTORS APPROVES THE PRESIDENT'S SALARY AFTER EVALUATION AND REVIEW OF MARKET DATA. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE PUBLICLY AT GUIDESTAR.ORG AND IRS.GOV. THE ORGANIZATION'S FORM 990 AND FORM 1023 ARE ALSO AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL AND CONSULTANT FEES: PROGRAM SERVICE EXPENSES 571,418. MANAGEMENT AND GENERAL EXPENSES 42,272. FUNDRAISING EXPENSES 35,992. TOTAL EXPENSES 649,682. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.