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The Giving Back Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043367888 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is The Giving Back Fund?

The Giving Back Fund is a national non-profit organization with a global reach, headquartered in Boston, Massachusetts. With over 250 years of combined expertise, their team of philanthropy professionals assists clients in creating foundations and fiscal sponsored projects worldwide. Their clientele comprises athletes, entertainers, business entrepreneurs, corporations, and more, all sharing a common goal of making the world a better place. The organization facilitates philanthropic giving through consulting, management, and administrative services, akin to a community foundation. To date, they have established over 750 individual foundations and projects across the globe. The Giving Back Fund's mission is to enhance lives by increasing the number of people and resources dedicated to charitable giving. They have made significant impacts through initiatives such as delivering over 2 million groceries to immunocompromised elderly in New York City during the COVID-19 pandemic, rescuing young girls and women during the Ukraine war, and uniting 6,000 young people in 70 countries to tackle various social issues like anti-human trafficking, climate change, impact investing, and more.


Official website here: www.givingback.org

Is The Giving Back Fund legitimate?

The Giving Back Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Giving Back Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $743,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,280,917

For more financial information, click here


Official website here: www.givingback.org

What is the mission statement of The Giving Back Fund?

The Giving Back Fund is a non-profit organization that facilitates philanthropic giving by providing consulting, management, and administrative services. Their mission is to expand the number of people and resources dedicated to making a positive difference in the world. Through their efforts, they have helped create over 750 foundations and sponsored projects globally. The organization's team of philanthropy professionals has more than 250 years of combined expertise. The Giving Back Fund has made significant impacts in various areas, such as delivering groceries to immunocompromised elderly during the COVID-19 pandemic, rescuing young girls and women during the Ukraine war, and bringing together young people from around the world to address issues like anti-human trafficking, climate change, and impact investing.


Official website here: www.givingback.org

Who is the CEO of The Giving Back Fund?

Craig Szabo is the Chairman Of The Board of The Giving Back Fund.


Official website here: www.givingback.org

What is the revenue of The Giving Back Fund?

The Giving Back Fund's revenue in 2022 was $28,252,124.


Official website here: www.givingback.org

Who are the executives of The Giving Back Fund and what are their salaries?

The average compensation at The Giving Back Fund during 2022 was $84,330. There are 24 employees at The Giving Back Fund.

Here are 18 key members and their salaries:

    Rachel Gerrol (Nexus Executive Director)
  • Compensation: $313,000
  • Related: $0
  • Other: $0

    • Marc Pollick (Founder & President)
  • Compensation: $250,000
  • Related: $0
  • Other: $0

    • Mendy Marsh (Voice Executive Director)
  • Compensation: $180,000
  • Related: $0
  • Other: $0

    • Prashanth Palakurthi (Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Goldwasser (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Szabo (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Brand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Caggiano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abhi Goel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheryl Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Havill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danny Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Priyanka Khimani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valorie Kondos-Field (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Larocca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bradley Dock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Pasternack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelley Zalis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.givingback.org

    Where can I find the form 990 for The Giving Back Fund?

    The The Giving Back Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.givingback.org

    Learn more at the official website: www.givingback.org

    Mission Statement of The Giving Back Fund

    The Giving Back Fund, a renowned national non-profit organization, is dedicated to facilitating philanthropic giving by offering consulting, management, and administrative services under a community foundation governance structure. With over 250 years of combined world-class expertise, the team of philanthropy professionals at The Giving Back Fund has helped establish over 750 individual foundations and fiscally sponsored projects globally. This esteemed organization caters to a diverse clientele, including athletes, entertainers, business entrepreneurs, corporations, and others, all united by a shared goal to make a positive impact on the world.

    The Giving Back Fund's mission is geared towards enhancing lives by increasing the number of individuals and resources committed to charitable giving. Through their extensive expertise and resources, they have executed various impactful initiatives. For instance, during the COVID-19 pandemic, Invisible Hands, a program under The Giving Back Fund, delivered more than 2 million deliveries of groceries to immunocompromised elderly residents in New York City, utilizing 12,000 volunteers. Furthermore, The Giving Back Fund's Voice initiative played a pivotal role in rescuing and providing critical relief to young girls and women during the Ukraine war with Russia. Additionally, Nexus, another program under The Giving Back Fund, has grown to encompass 6,000 young people in 70 countries, representing a combined net worth of $750 billion, coming together to bring about transformative change in various areas such as anti-human trafficking, climate change, impact investing, and storytelling, among others.

    Impact

    This information is meant to be a general summary of The Giving Back Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Giving Back Fund's impact is truly profound. Through initiatives like Invisible Hands, they delivered over 2 million groceries to immunocompromised elderly individuals in New York City during the height of the COVID-19 pandemic, all orchestrated by 12,000 dedicated volunteers. Additionally, in their work with Voice, they provided vital rescue and relief efforts for young girls and women in Ukraine and Poland during the conflict with Russia. Their Nexus program has brought together 6,000 young people from 70 countries, with a collective net worth of $750 billion, to drive positive change in various critical areas such as anti-human trafficking, climate change, impact investing, storytelling, and support for indigenous populations. The impact of The Giving Back Fund reaches far and wide, demonstrating a commitment to improving lives and fostering a culture of giving globally.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $123
  • Program Service Revenue: $0
  • Gross Receipts: $28,444,975

    • Assets and Liabilities:
  • Total Assets: $13,827,776
  • Total Liabilities: $1,378,500
  • Net Assets: $12,449,276
  • Organization Details

    Founding Year

    1997

    Principal Officer

    Craig Szabo

    Main Address

    500 COMMERCIAL STREET SUITE 4R, BOSTON, MA, 02109

    NTEE Category

    Code: T700 - Philanthropy

    If you are a representative of The Giving Back Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.