Nonprofit · EIN 16-1756484
FOUNDATION FOR THE GLOBAL COMPACT
Tax-exempt · NEW YORK, NY 10017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $48,305,060 | $51,737,965 | -$3,432,905 | $26,363,750 | $17,082,021 | $9,281,729 |
| December 31, 2023 | 990 | $49,192,444 | $45,511,056 | $3,681,388 | $30,561,686 | $17,349,515 | $13,212,171 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $47,374,323
- Program service revenue
- $880,277
- Investment income
- $50,460
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $9,794,371
- Compensation of officers, directors and key employees
- $595,256
- Other salaries and wages
- $11,951,610
- Salaries, compensation and benefits (total)
- $16,607,345
- Professional fundraising fees
- $0
- Legal fees
- $24,805
- Accounting fees
- $306,618
- Occupancy
- $2,097,014
- Travel
- $2,063,003
- Depreciation
- $364,198
- Program services (functional)
- $43,649,310
- Management and general (functional)
- $7,303,730
- Fundraising (functional)
- $784,925
Balance sheet and other
- Total assets, start of year
- $30,561,686
- Total assets, end of year
- $26,363,750
- Total liabilities, end of year
- $17,082,021
- Net assets, end of year
- $9,281,729
- Land, buildings and equipment
- $1,422,251
- Net assets without donor restrictions
- $5,893,641
- Net assets with donor restrictions
- $3,388,088
- Gross receipts
- $48,305,060
- Employees
- 128
- Volunteers
- 8
- Year formed
- 2006
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALEX STEIN | MANAGING DIR. Officer | 40 | $298,152 | $67,705 |
| CLAIRE BAUNMAN | HEAD OF SUSTAINABLE FINANCE Highest-paid employee | 40 | $211,100 | $30,207 |
| SUSAN STAWICKI | HEAD OF COP Highest-paid employee | 40 | $201,100 | $35,923 |
| AUDE NAUDET-COQUATRIX | GENERAL COUNSEL Key employee | 40 | $199,850 | $29,548 |
| CLAUDIA KIRKWALD | HEAD OF MARKETING Highest-paid employee | 40 | $178,695 | $41,839 |
| VALERIE VILLACHA SUTTON | HEAD OF OPERATIONS Highest-paid employee | 40 | $167,828 | $51,947 |
| JAMES MBOTE | SENIOR MANAGER OF HR Highest-paid employee | 40 | $157,500 | $37,238 |
| SIR MARK MOODY-STUART | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| JAMES V KEARNEY | DIRECTOR (THROUGH 10/24) Trustee or director, Officer | 2 | $0 | $0 |
| HENRIK O MADSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| OLIVER F WILLIAMS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOAN G RALL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARCIA BALISCIANO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEPHEN AMDUR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRIS GRAY | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALEX STEIN | MANAGING DIR. Officer | 40 | $280,990 | $71,924 |
| DEREK MARTIN | HEAD, DIGITAL (THROUGH 11/23) Highest-paid employee | 40 | $198,677 | $43,082 |
| SEAN CRUSE | HEAD, DATA & IT Highest-paid employee | 40 | $162,787 | $45,652 |
| CLAUDIA KIRKWALD-ESCOBAR | HEAD, MARKETING Highest-paid employee | 40 | $162,306 | $41,245 |
| VALERIE VILACHA SUTTON | HEAD, OPERATIONS Highest-paid employee | 40 | $151,926 | $44,930 |
| AUDE NAUDET-COQUATRIX | GENERAL COUNSEL Key employee | 40 | $156,842 | $22,438 |
| OLAJOBI MAKINWA | CHIEF OF INTERGOVERNMENTAL RELATIONS (THROUGH 1/2 Highest-paid employee | 40 | $149,598 | $0 |
| SIR MARK MOODY-STUART | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| JAMES V KEARNEY | DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| HENRIK O MADSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| OLIVER F WILLIAMS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOAN G RALL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARCIA BALISCIANO | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 685 THIRD AVENUE 12TH FLOOR, NEW YORK, NY 10017-8409
- Principal officer (990 for 2024)
- ALEX STEIN, 685 THIRD AVENUE 12TH FLOOR, NEW YORK, NY 10017
- Signed the 990
- ALEX STEIN, MANAGING DIRECTOR
- Phone
- (212) 907-1309
- Return prepared by
- SAX LLP
Mission
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.
Program accomplishments
- 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.Expenses $43,649,310 · grants $9,794,371 · revenue $880,277
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 16-1756484
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q42)
- Assets (IRS master file)
- $26,363,750
- Income (IRS master file)
- $48,305,060
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $48,305,060 | $51,737,965 | $26,363,750 | XML |
| 990 | December 2023 | $49,192,444 | $45,511,056 | $30,561,686 | XML |
| 990 | December 2022 | $41,502,333 | $35,293,985 | $25,756,254 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1756484).
Questions about FOUNDATION FOR THE GLOBAL COMPACT
- What is the EIN of FOUNDATION FOR THE GLOBAL COMPACT?
- The employer identification number (EIN) of FOUNDATION FOR THE GLOBAL COMPACT is 16-1756484.
- Is FOUNDATION FOR THE GLOBAL COMPACT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to FOUNDATION FOR THE GLOBAL COMPACT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR THE GLOBAL COMPACT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FOUNDATION FOR THE GLOBAL COMPACT due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR THE GLOBAL COMPACT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FOUNDATION FOR THE GLOBAL COMPACT?
- The 990 for the year ended December 31, 2024 names ALEX STEIN.
- Who are the officers and directors of FOUNDATION FOR THE GLOBAL COMPACT?
- The 990 for the year ended December 31, 2024 lists 15 people; 7 received compensation from the organization, the highest $298,152 (ALEX STEIN, MANAGING DIR.).
- How much revenue does FOUNDATION FOR THE GLOBAL COMPACT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $48,305,060, expenses of $51,737,965 and total assets of $26,363,750 at year end.
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