nonprofit logo

Global Distribution Fund Inc D-Prize

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

EIN: 462308947 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Global Distribution Fund Inc D-Prize?

Global Distribution Fund Inc., commonly known as D-Prize, is a nonprofit organization situated in San Francisco, California. With a modest team of three individuals, D-Prize is committed to enhancing access to effective poverty solutions in developing countries. They achieve this by providing funding to approximately 30 innovative startup organizations operating in around 15 different nations. The primary objective of D-Prize is to discover ways to distribute proven poverty intervention strategies on a large scale, thereby reaching out to billions of individuals in need. The organization supports new organizations and individuals who are dedicated to distributing proven solutions to combat poverty.


Official website here: www.d-prize.org/

Is Global Distribution Fund Inc D-Prize legitimate?

Global Distribution Fund Inc D-Prize is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Distribution Fund Inc D-Prize 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: $130,000
Professional Fundraising Fees: $199
Other Salaries and Wages: $123,641

For more financial information, click here


Official website here: www.d-prize.org/

What is the mission statement of Global Distribution Fund Inc D-Prize?

The Global Distribution Fund Inc. D-Prize is committed to increasing access to effective poverty solutions in developing countries. They provide support to new organizations and individuals, helping them distribute proven strategies to billions of people in need. Their mission is to continue finding ways to distribute these interventions on a large scale, ultimately aiming to alleviate poverty on a mass level. Through their funding, they have assisted approximately 30 startup organizations in around 15 different countries.


Official website here: www.d-prize.org/

Who is the CEO of Global Distribution Fund Inc D-Prize?

Nicholas Fusso is the Vice President of Global Distribution Fund Inc D-Prize. The CEO's salary of Global Distribution Fund Inc D-Prize is $0 and their total compensation is $0.


Official website here: www.d-prize.org/

What is the revenue of Global Distribution Fund Inc D-Prize?

Global Distribution Fund Inc D-Prize's revenue in 2022 was $882,454.


Official website here: www.d-prize.org/

Who are the executives of Global Distribution Fund Inc D-Prize and what are their salaries?

The average compensation at Global Distribution Fund Inc D-Prize during 2022 was $84,547. There are 3 employees and 12 volunteers at Global Distribution Fund Inc D-Prize.

Here are 7 key members and their salaries (Global Distribution Fund Inc D-Prize's CEO's salary is $0 and their total compensation is $0):

    Nicholas Fusso (Vice President) [Trustee/Director]
  • Compensation: $130,000
  • Related: $0
  • Other: $0

    • Clifford Frey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • May Lim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Paul Youn (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlot Magayi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Moitshepi Matsheng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.d-prize.org/

    Where can I find the form 990 for Global Distribution Fund Inc D-Prize?

    The Global Distribution Fund Inc D-Prize’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.d-prize.org/

    Learn more at the official website: www.d-prize.org/

    Mission Statement of Global Distribution Fund Inc D-Prize

    Global Distribution Fund Inc D-Prize is committed to enhancing access to poverty solutions for the billions of individuals residing in developing nations. This nonprofit organization supports new organizations and individuals who are actively disseminating proven solutions to address the myriad challenges faced by these communities. D-Prize's mission is to identify and back these initiatives, aiming to distribute poverty intervention strategies on a large scale. To achieve this objective, the nonprofit has provided funding to approximately thirty diverse startup organizations in around fifteen different countries. By doing so, D-Prize seeks to amplify the reach and impact of these poverty solution innovations, ultimately improving the lives of countless individuals in the developing world.

    Impact

    This information is meant to be a general summary of Global Distribution Fund Inc D-Prize. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Global Distribution Fund Inc D-Prize has made a significant impact by providing funding to over 30 startup organizations across approximately 15 different countries. These organizations are dedicated to distributing proven poverty solutions to billions of people in need in the developing world. The objective of D-Prize is to continue finding innovative ways to distribute these poverty interventions on a mass scale, ultimately increasing access to essential solutions for those living in poverty.





    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: $882,454

    • Assets and Liabilities:
  • Total Assets: $1,329,228
  • Total Liabilities: $10,263
  • Net Assets: $1,318,965
  • Organization Details

    Founding Year

    2013

    Principal Officer

    Nicholas Fusso

    Main Address

    18 Bartol Street 1099, San Francisco, CA, 94133

    NTEE Category

    Code: Q32 - International

    If you are a representative of Global Distribution Fund Inc D-Prize 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.