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Gsma Mobile For Development Foundation Inc

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

EIN: 371552838 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Gsma Mobile For Development Foundation Inc?

The GSMA Mobile For Development Foundation Inc, based in Atlanta, Georgia, is a nonprofit organization dedicated to fostering partnerships between mobile innovators and operators. Their mission is to facilitate the growth of sustainable and commercially viable mobile services in emerging markets. This is achieved by bridging the gap between these two entities, enabling strong collaborations and enabling innovators to access the resources and expertise necessary to scale their products and services. By doing so, the Foundation aims to bring the most impactful mobile solutions to communities in need, generating significant socio-economic impact. The Foundation was established with the goal of utilizing mobile communications to alleviate poverty, distress, and underprivileged situations.


Is Gsma Mobile For Development Foundation Inc legitimate?

Gsma Mobile For Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gsma Mobile For Development Foundation Inc 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: $512,117
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,698,768

For more financial information, click here


What is the mission statement of Gsma Mobile For Development Foundation Inc?
Who is the CEO of Gsma Mobile For Development Foundation Inc?
What is the revenue of Gsma Mobile For Development Foundation Inc?
Who are the executives of Gsma Mobile For Development Foundation Inc and what are their salaries?
Where can I find the form 990 for Gsma Mobile For Development Foundation Inc?

Mission Statement of Gsma Mobile For Development Foundation Inc

The GSMA Mobile For Development Foundation Inc is a charitable organization dedicated to creating and fostering projects that utilize mobile communications to alleviate poverty and improve the lives of the underprivileged and distressed. With a focus on emerging markets, the Foundation serves as a catalyst for building partnerships between start-ups and mobile operators.

By bridging the gap between innovators and operators, the GSMA Ecosystem Accelerator program helps to bring about commercially sustainable mobile products and services that can reach scale. In doing so, the Foundation enables operators to contribute their assets and expertise to the most promising ideas, while supporting innovators in securing the necessary funding and direction to bring their creations to market. Ultimately, the Foundation's efforts aim to deliver the most impactful mobile solutions to those in need, generating significant socio-economic impact. Through its mission, the GSMA Mobile For Development Foundation Inc is committed to making a meaningful difference in the lives of countless individuals and communities.

Impact

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




Thursday, August 15, 2024

The GSMA Mobile for Development Foundation Inc, through its Ecosystem Accelerator program, is making a significant impact by building synergies between start-ups and mobile operators to scale innovative and sustainable mobile services in emerging markets. Despite the increasing number of mobile products and services in these regions, reaching scale remains a challenge for many. This foundation works to bridge the gap between operators and innovators, enabling partnerships that support the growth of commercially sustainable mobile solutions.

By facilitating dialogue and collaboration between innovators and operators, the foundation helps operators contribute their assets and expertise to support promising ideas. This, in turn, helps innovators secure the funding and direction needed to bring their products and services to scale. By fostering these partnerships, the foundation can bring impactful mobile solutions to those in need, creating significant socio-economic benefits in the process.





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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $24,580,259

    • Assets and Liabilities:
  • Total Assets: $8,779,142
  • Total Liabilities: $7,565,981
  • Net Assets: $1,213,161
  • Organization Details

    Founding Year

    2007

    Principal Officer

    John Giusti

    Main Address

    165 OTTLEY DR NE 203, ATLANTA, GA, 30324

    NTEE Category

    Code: Q30 - International

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