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Foundation For The Global Compact

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

EIN: 161756484 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Foundation For The Global Compact?

The Foundation for the Global Compact is a New York-based nonprofit organization dedicated to supporting the United Nations Global Compact, the world's largest corporate sustainability initiative. With over 12,000 businesses and 3,000 non-business signatories, based in 160 countries and spanning 69 local networks, the Global Compact encourages companies to align their strategies with ten principles on human rights, labor, environment, and anti-corruption. Through guidance, training, tools, and support, the initiative enables businesses of all sizes and sectors to achieve their sustainability objectives, ultimately contributing to the Sustainable Development Goals. The Foundation supports the Global Compact by raising funds and providing resources for its various programs and initiatives.


Official website here: www.globalcompactfoundation.org

Is Foundation For The Global Compact legitimate?

Foundation For The Global Compact is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The Global Compact 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: $297,221
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,376,826

For more financial information, click here


Official website here: www.globalcompactfoundation.org

What is the mission statement of Foundation For The Global Compact?

The Foundation for the Global Compact is a non-profit organization dedicated to raising funds to support the work of the UN Global Compact Office and related activities. Established to help businesses align their strategies with the UN Global Compact's principles on human rights, labor, environment, and anti-corruption, the organization enables businesses to achieve their sustainability objectives. The UN Global Compact, the world's largest corporate sustainability initiative, has a presence in over 160 countries and 69 local networks, and works alongside strategic partners like the Principles for Responsible Investment and the Principles for Responsible Management Education initiatives. Through these partnerships and action platforms, the UN Global Compact helps companies make the Global Goals local business and implement the ten principles to support sustainable development. The Foundation also supports initiatives to mainstream the SDGs among businesses worldwide and raise awareness for corporate climate action.


Official website here: www.globalcompactfoundation.org

Who is the CEO of Foundation For The Global Compact?

Alex Stein is the Chairman of Foundation For The Global Compact.


Official website here: www.globalcompactfoundation.org

What is the revenue of Foundation For The Global Compact?

Foundation For The Global Compact's revenue in 2022 was $41,502,333.


Official website here: www.globalcompactfoundation.org

Who are the executives of Foundation For The Global Compact and what are their salaries?

The average compensation at Foundation For The Global Compact during 2022 was $78,518. There are 85 employees and 7 volunteers at Foundation For The Global Compact.

Here are 14 key members and their salaries:

    Alex Stein (Managing Dir.)
  • Compensation: $276,312
  • Related: $0
  • Other: $20,909

    • Claudia Kirkwald-Escobar (Head, Marketing)
  • Compensation: $151,465
  • Related: $0
  • Other: $11,130

    • Sean Cruse (Head, Data & It)
  • Compensation: $146,420
  • Related: $0
  • Other: $7,713

    • Valerie Vilacha Sutton (Head, Operations)
  • Compensation: $132,924
  • Related: $0
  • Other: $9,100

    • Derek Martin (Head, Digital)
  • Compensation: $116,728
  • Related: $0
  • Other: $20,528

    • Aude Naudet-Coquatrix (General Counsel)
  • Compensation: $136,097
  • Related: $0
  • Other: $0

    • James Mbote (Sr Manager, Hr)
  • Compensation: $132,497
  • Related: $0
  • Other: $0

    • Michelle Breslauer (Sr Manager, Programs)
  • Compensation: $127,380
  • Related: $0
  • Other: $4,184

    • Sir Mark Moody-Stuart (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James V Kearney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henrik O Madsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oliver F Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joan G Rall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcia Balisciano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.globalcompactfoundation.org

    Where can I find the form 990 for Foundation For The Global Compact?

    The Foundation For The Global Compact’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.globalcompactfoundation.org

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

    Mission Statement of Foundation For The Global Compact

    The Foundation for the Global Compact is a non-profit organization established with the goal of raising funds to support the work of the UN Global Compact Office and related activities. This organization plays a crucial role in enabling businesses of all sizes and sectors to achieve their sustainability objectives by aligning their corporate strategies and operations with ten principles on human rights, labor, environment, and anti-corruption. The UN Global Compact, with over 12,000 companies and 3,000 non-business signatories from over 160 countries, is the largest corporate sustainability initiative in the world. The Foundation supports this initiative in planning and implementing its programmatic goals and helping companies make the Global Goals local business.

    Through its 69 Global Compact Local Networks, the UN Global Compact spans the world, providing a platform for businesses to help solve social and environmental challenges through public-private partnerships. Local Networks are business-led, multi-stakeholder platforms that facilitate outreach, learning, policy dialogue, collective action, and partnerships. They are uniquely positioned to help companies understand what responsible business means within different national, cultural, and language contexts. The Foundation for the Global Compact also invites businesses to collaborate with like-minded peers and experts to develop innovative approaches to critical corporate sustainability issues through various action platforms. Ultimately, the Foundation's mission is to help businesses advance the ambitions of the 2030 Agenda for Sustainable Development and create a more sustainable and equitable future for all.

    Impact

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




    Thursday, August 15, 2024

    The Foundation for the Global Compact plays a crucial role in supporting the work of the UN Global Compact office and related activities. By raising funds and providing authoritative guidance, training, tools, and support, the Foundation enables businesses of all sizes across the globe to align their strategies with principles on human rights, labor, environment, and anti-corruption. This support helps companies take actions to advance sustainable development goals and make a positive impact on society and the environment.

    Through collaboration with strategic partners like the Principles for Responsible Investment (PRI) and the Principles for Responsible Management Education (PRME) initiatives, the Foundation extends its impact by engaging a vast network of international investors and fostering responsible business practices in management education globally.

    Additionally, the Foundation facilitates the UN Global Compact's local networks, allowing businesses in both mature and emerging markets to engage in public-private partnerships and take action to address social and environmental challenges. By emphasizing the importance of corporate climate action, youth empowerment, and gender equality, the Foundation for the Global Compact contributes to accelerating progress towards the Sustainable Development Goals on a global scale.





    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: $5,156
  • Program Service Revenue: $126,372
  • Gross Receipts: $41,502,333

    • Assets and Liabilities:
  • Total Assets: $25,756,254
  • Total Liabilities: $7,176,395
  • Net Assets: $18,579,859
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EVENT INCOME

    Revenue

    $126,372

    Organization Details

    Founding Year

    2006

    Principal Officer

    Alex Stein

    Main Address

    685 THIRD AVENUE 12TH FLOOR, NEW YORK, NY, 10017

    NTEE Category

    Code: Q42 - International

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