Nonprofit · EIN 82-0574491
GLOBAL PARTNERSHIPS
Also known as CLAPP WILLIAM PRES
Tax-exempt · SEATTLE, WA 98101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $16,058,818 | $13,779,684 | $2,279,134 | $245,145,553 | $217,012,080 | $28,133,473 |
| June 30, 2024 | 990 | $15,867,523 | $10,629,670 | $5,237,853 | $224,106,895 | $197,883,606 | $26,223,289 |
| June 30, 2023 | 990 | $15,620,938 | $11,209,776 | $4,411,162 | $203,483,842 | $183,653,433 | $19,830,409 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,739,371
- Program service revenue
- $12,036,974
- Investment income
- $2,282,291
- Net gain from sales of assets
- -$926
- Other revenue
- $182
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $968,749
- Other salaries and wages
- $2,686,310
- Salaries, compensation and benefits (total)
- $4,792,512
- Professional fundraising fees
- $0
- Legal fees
- $136,829
- Accounting fees
- $101,440
- Occupancy
- $317,423
- Travel
- $246,089
- Depreciation
- $45,005
- Program services (functional)
- $12,494,096
- Management and general (functional)
- $925,563
- Fundraising (functional)
- $360,025
Balance sheet and other
- Total assets, start of year
- $224,106,895
- Total assets, end of year
- $245,145,553
- Total liabilities, end of year
- $217,012,080
- Net assets, end of year
- $28,133,473
- Land, buildings and equipment
- $160,645
- Net assets without donor restrictions
- $26,706,309
- Net assets with donor restrictions
- $1,427,164
- Gross receipts
- $16,277,788
- Employees
- 26
- Volunteers
- 17
- Year formed
- 2002
- State of legal domicile
- WA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICK BECKETT | CEO THRU 06/24 Key employee | 0 | $333,167 | $93,508 |
| MEGAN MUIR | COO & GENERAL COUNSEL Officer | 40 | $222,466 | $39,820 |
| TARA MURPHY FORDE | CHIEF CAPITAL AND IMPACT OFFICER Highest-paid employee | 40 | $204,592 | $49,053 |
| NATHALIA RODRIGUEZ | CHIEF INVESTMENT OFFICER Highest-paid employee | 40 | $204,971 | $27,633 |
| CURT FRASER | CHIEF LENDING OFFICER Highest-paid employee | 40 | $195,333 | $32,158 |
| JIM VILLANUEVA | MANAGING DIRECTOR Highest-paid employee | 40 | $186,088 | $23,575 |
| MIKE GALGON | CEO Officer | 40 | $182,372 | $16,068 |
| MARK COFFEY | PRESIDENT Officer | 40 | $181,741 | $15,648 |
| MICHAEL MCGINN | VP OF FINANCE AND ADMINISTRATION Highest-paid employee | 40 | $149,920 | $22,331 |
| BILL RICHTER | BOARD PRESIDENT AND CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DEIRDRE BLACK | BOARD TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PETER BLADIN | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ALEX SILVA | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLY KISER | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED LAZAR | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREGG JOHNSON | BOARD DIRECTOR Trustee or director | 1 | $0 |
| JANE STONECIPHER | BOARD DIRECTOR Trustee or director | 1 | $0 |
| MAGGIE WALKER | BOARD DIRECTOR Trustee or director | 1 | $0 |
| MATTHEW MCBRADY | BOARD DIRECTOR Trustee or director | 1 | $0 |
| ROBERT VAN CLEVE | BOARD DIRECTOR Trustee or director | 1 | $0 |
| ROSARIO PEREZ | BOARD DIRECTOR Trustee or director | 1 | $0 |
| SAMUEL SSENYIMBA | BOARD DIRECTOR Trustee or director | 1 | $0 |
| TIM PORTER | BOARD DIRECTOR Trustee or director | 1 | $0 |
| HILLARY MILLER-WISE | BOARD DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICK BECKETT | CEO Officer | 40 | $413,183 | $93,751 |
| MEGAN MUIR | COO & GENERAL COUNSEL Officer | 40 | $223,389 | $32,413 |
| TARA MURPHY FORDE | CHIEF CAPITAL AND IMPACT OFFICER Highest-paid employee | 40 | $190,493 | $34,565 |
| CURT FRASER | CHIEF LENDING OFFICER Officer | 40 | $194,285 | $30,268 |
| JIM VILLANUEVA | MANAGING DIRECTOR Highest-paid employee | 40 | $190,661 | $23,212 |
| MARK COFFEY | PRESIDENT Officer | 40 | $178,490 | $14,048 |
| NATHALIA RODRIGUEZ | CHIEF INVESTMENT OFFICER Highest-paid employee | 40 | $166,662 | $21,819 |
| MICHAEL MCGINN | VP FINANCE AND ADMINISTRATION Highest-paid employee | 40 | $141,364 | $20,445 |
| MEGHAN FLAHERTY | VICE PRESIDENT, IMPACT Highest-paid employee | 40 | $128,892 | $20,248 |
| MAGGIE WALKER | CO-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BILL RICHTER | CO-CHAIR, BOARD PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DEIRDRE BLACK | BOARD TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TIM PORTER | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ALEX SILVA | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLY KISER | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED LAZAR | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREGG JOHNSON | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| JANE STONECIPHER | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW MCBRADY | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER BLADIN | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT VAN CLEVE | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROSARIO PEREZ | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAMUEL SSENYIMBA | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL T GALGON | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICK BECKETT | CEO Officer | 40 | $408,072 | $84,072 |
| MARK COFFEY | PRESIDENT & CIO Officer | 40 | $261,004 | $34,573 |
| MEGAN MUIR | COO & GENERAL COUNSEL Officer | 40 | $209,000 | $28,834 |
| JIM VILLENUEVA | MANAGING DIRECTOR Highest-paid employee | 40 | $184,853 | $21,965 |
| TARA MURPHY FORDE | MANAGING DIRECTOR Highest-paid employee | 40 | $169,609 | $30,136 |
| NATHALIA RODRIGUEZ | SENIOR VICE PRESIDENT Highest-paid employee | 40 | $157,841 | $20,400 |
| MICHAEL MCGINN | VP FINANCE & ADMINISTRATION Highest-paid employee | 40 | $138,375 | $19,361 |
| MEGHAN FLAHERTY | VICE PRESIDENT, IMPACT Highest-paid employee | 40 | $115,892 | $18,135 |
| CURT B FRASER | BOARD DIRECTOR (PART YEAR) & CIO Trustee or director | 1 | $21,202 | $507 |
| MIKE GALGON | PRESIDENT AND CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MAGGIE WALKER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| BILL RICHTER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ALEX SILVA | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEIRDRE BLACK | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED LAZAR | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| ENRIQUE GODREAU III | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREGG JOHNSON | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| JANE STONECIPHER | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| MATTHEW MCBRADY | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER BLADIN | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT VAN CLEVE | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROSARIO PEREZ | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM PORTER | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLY KISER | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAMUEL SSENYIMBA | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 WESTERN AVE STE 410, SEATTLE, WA 98101-2987
- Principal officer (990 for 2024)
- MICHAEL T GALGON, 1201 WESTERN AVE 410, SEATTLE, WA 98101
- Signed the 990
- DEIRDRE BLACK, TREASURER
- Phone
- (206) 652-8773
- Website
- WWW.GLOBALPARTNERSHIPS.ORG
- Return prepared by
- CLARK NUBER PS
Mission
GLOBAL PARTNERSHIPS IS AN IMPACT-FIRST INVESTMENT FUND MANAGER WHOSE CHARITABLE MISSION IS TO EXPAND OPPORTUNITY FOR PEOPLE LIVING IN POVERTY IN DEVELOPING COUNTRIES AROUND THE WORLD.
Program accomplishments
- AS OF JUNE 30, 2025, GLOBAL PARTNERSHIPS (GP), ALMOST ENTIRELY THROUGH ITS SUBSIDIARY FUNDS, HAD MORE THAN $182 MILLION INVESTED IN 86 MICROFINANCE INSTITUTIONS, SOCIAL BUSINESSES AND COOPERATIVES IN 29 COUNTRIES IN LATIN AMERICA, THE CARIBBEAN AND SUBSAHARAN AFRICA. GP INVESTS IN SOCIAL ENTERPRISES WITH SUSTAINABLE SOLUTIONS THAT HELP IMPOVERISHED PEOPLE INCREASE THEIR INCOMES AND IMPROVE THEIR LIVES, WITH INVESTMENTS IN 15 DISTINCT INITIATIVES THAT ADDRESS FACETS OF POVERTY ACROSS LIVELIHOODS, EDUCATION, ENERGY, HEALTH, HOUSING, AND SANITATION. THE VAST MAJORITY (MORE THAN 95%) OF THE FUNDS INVESTED BY GLOBAL PARTNERSHIPS ARE INVESTED WITH MICROFINANCE INSTITUTIONS.Expenses $12,494,096 · revenue $12,036,974
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-0574491
- 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
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mental health and crisis intervention (F99)
- Assets (IRS master file)
- $245,145,553
- Income (IRS master file)
- $16,277,788
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $16,058,818 | $13,779,684 | $245,145,553 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $15,867,523 | $10,629,670 | $224,106,895 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $15,620,938 | $11,209,776 | $203,483,842 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $15,094,750 | $13,168,458 | $181,973,037 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 82-0574491).
Questions about GLOBAL PARTNERSHIPS
- What is the EIN of GLOBAL PARTNERSHIPS?
- The employer identification number (EIN) of GLOBAL PARTNERSHIPS is 82-0574491.
- Is GLOBAL PARTNERSHIPS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to GLOBAL PARTNERSHIPS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GLOBAL PARTNERSHIPS 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 GLOBAL PARTNERSHIPS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GLOBAL PARTNERSHIPS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GLOBAL PARTNERSHIPS?
- The 990 for the year ended June 30, 2025 names MICHAEL T GALGON.
- Who are the officers and directors of GLOBAL PARTNERSHIPS?
- The 990 for the year ended June 30, 2025 lists 24 people; 9 received compensation from the organization, the highest $333,167 (RICK BECKETT, CEO THRU 06/24).
- How much revenue does GLOBAL PARTNERSHIPS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $16,058,818, expenses of $13,779,684 and total assets of $245,145,553 at year end.
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