Global Impact Investing Network Inc
- Assets
- $6.6m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 41
- Location
- New York, NY
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 27-3166994
Organization Overview
Global Impact Investing Network Inc is located in New York, NY. The organization was established in 2012. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Global Impact Investing Network Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Impact Investing Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Global Impact Investing Network Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $7.0m during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INCREASE THE SCALE AND EFFECTIVENESS OF IMPACT INVESTING AROUND THE WORLD. (SEE SCHEDULE O) IMPACT INVESTMENTS ARE INVESTMENTS MADE INTO COMPANIES, ORGANIZATIONS, AND FUNDS WITH THE INTENTION TO GENERATE SOCIAL AND ENVIRONMENTAL IMPACT ALONGSIDE A FINANCIAL RETURN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP: GIIN MEMBERSHIP NETWORK PROVIDES A PLATFORM FOR A DIVERSE, GLOBAL COMMUNITY OF LIKE-MINDED INVESTORS AND KEY STAKEHOLDERS TO DEEPEN ENGAGEMENT WITH IMPACT INVESTING BY CONNECTING WITH PEERS, SHARING EXPERIENCES AND LESSONS LEARNED, COLLABORATING TO SOLVE FOR COMMON CHALLENGES, AND ACCELERATING THE DEVELOPMENT OF THE IMPACT INVESTING INDUSTRY. GIIN MEMBERS INCLUDE ASSET OWNERS, ASSET MANAGERS, AND SERVICE PROVIDERS THAT ARE ACTIVE IN DEVELOPED AND EMERGING MARKETS AND TARGET A RANGE OF ISSUE AREAS OR IMPACT THEMES. VISIT HTTPS://THEGIIN.ORG/MEMBERSHIP FOR MORE INFORMATION.
IRIS+ AND IMPACT MEASUREMENT & MANAGEMENT: THE GIIN WORKS TO ENABLE SOUND PRACTICE IN IMPACT MEASUREMENT AND MANAGEMENT BY MANAGING IRIS+, A COMPREHENSIVE, EVIDENCE-BASED SYSTEM INCLUDING GENERALLY ACCEPTED PERFORMANCE METRICS THAT LEADING IMPACT INVESTORS USE TO MEASURE SOCIAL, ENVIRONMENTAL, AND FINANCIAL PERFORMANCE, EVALUATE DEALS, AND GROW THE SECTOR'S CREDIBILITY. THE GIIN ALSO DEVELOPS RESOURCES AND GUIDANCE FOR IMPACT INVESTORS SEEKING TO BUILD OR STRENGTHEN THEIR IMPACT MEASUREMENT STRATEGY, AS WELL AS LEADS INDUSTRY COORDINATION AND COLLABORATION TO ADVANCE IMPACT MEASUREMENT AND MANAGEMENT PRACTICE. VISIT IRIS.THEGIIN.ORG FOR MORE INFORMATION.
COMMS: THE COMMUNICATIONS TEAM AT THE GIIN IS RESPONSIBLE FOR PROMOTING IMPACT INVESTING, MANAGING THE PROFILE OF THE ORGANIZATION, EXTERNAL COMMUNICATION, AND THE DISSEMINATION OF GIIN REPORTS AND TOOLS. THIS INCLUDES DEVELOPING ANNUAL COMMUNICATIONS STRATEGIES, MEDIA RELATIONS, DIGITAL STRATEGY AND CHANNELS INCLUDING THE GIIN WEBSITE, EVENT DELIVERY AND MANAGEMENT, AND THE CREATION AND EXECUTION OF THOUGHT LEADERSHIP CAMPAIGNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amit Bouri President & CEO | OfficerTrustee | 40 | $274,961 |
Giselle Leung Managing Director And VP | Officer | 40 | $189,335 |
Sapna Shah Managing Dir/secretary | Officer | 40 | $177,576 |
Sean Gilbert Director, Member Engagemen | Officer | 40 | $165,885 |
Amy Stillman Director, Communications | 40 | $162,906 | |
Arjun Reddy Senior Manager, Technology | 40 | $159,701 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Systemseed Llc Technology | 12/30/16 | $107,743 |
Aspectus Pr Inc Public Relations | 12/30/16 | $124,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,076,798 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,840,963 |
| Noncash contributions included in lines 1a–1f | $200,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,917,761 |
| Total Program Service Revenue | $2,433,490 |
| Investment income | $3,100 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,380,097 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $940,540 |
| Compensation of current officers, directors, key employees. | $122,617 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,827,501 |
| Pension plan accruals and contributions | $72,798 |
| Other employee benefits | $589,403 |
| Payroll taxes | $331,027 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,693 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,388,313 |
| Advertising and promotion | $20 |
| Office expenses | $68,104 |
| Information technology | $73,528 |
| Royalties | $0 |
| Occupancy | $463,665 |
| Travel | $7,152 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,940 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,880 |
| Insurance | $22,735 |
| All other expenses | $1,149 |
| Total functional expenses | $6,981,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,441,488 |
| Savings and temporary cash investments | $3,292,657 |
| Pledges and grants receivable | $1,073,516 |
| Accounts receivable, net | $917 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $181,773 |
| Net Land, buildings, and equipment | $389,747 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $239,200 |
| Total assets | $6,619,298 |
| Accounts payable and accrued expenses | $296,655 |
| Grants payable | $0 |
| Deferred revenue | $1,127,841 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $235,476 |
| Total liabilities | $1,659,972 |
| Net assets without donor restrictions | $3,100,769 |
| Net assets with donor restrictions | $1,858,557 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,619,298 |
Grants Awarded
Over the last fiscal year, Global Impact Investing Network Inc has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Durham, NC PURPOSE: DEVELOPMENT OF AN EDUCATION-FOCUSED INVESTMENT THEME UNDER THE NAVIGATING IMPACT PROJECT | $25,000 |
Kansas City, MO PURPOSE: FOR WASH NAVIGATING IMPACT PROJECT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 25 grants that Global Impact Investing Network Inc has recieved totaling $1,902,650.
| Awarding Organization | Amount |
|---|---|
New Venture Fund Washington, DC PURPOSE: TECHNOLOGY AND INNOVATION | $500,000 |
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT CORE SUPPORT FOR ORGANIZATIONAL CAPACITY BUILDING TO EXECUTE AGAINST NEW STRATEGIC PLAN | $375,000 |
Sorenson Impact Foundation Salt Lake City, UT PURPOSE: BUILDING RACIAL AND DIVERSITY METRICS INTO IMPACT INVESTING REPORTING STANDARDS | $227,000 |
Wallace Global Fund Ii Washington, DC PURPOSE: SUPPORT FOR CLIMATE MOVEMENT BUILDING WORK | $150,000 |
Kresge Foundation Troy, MI PURPOSE: THIS GRANT WILL SUPPORT TWO PROGRAMS OF THE GLOBAL IMPACT INVESTING NETWORK (GIIN): 1) THE NEW CAPITALISM PROJECT, WHICH AIMS TO ENABLE POSITIVE SHIFTS IN PRIVATE SECTOR PRACTICES, BEHAVIORS, AND NORMS THAT WILL LEAD TO BETTER OUTCOMES FOR SOCIETY AND THE ENVIRONMENT; CURB HARMFUL INVESTMENT AND BUSINESS PRACTICES; AND ENGAGE BUSINESSES, INVESTORS, AND PHILANTHROPIC ORGANIZATIONS IN ADVANCING SYSTEMIC CHANGE; 2) THE INVESTORS COUNCIL, WHICH PROVIDES A FORUM FOR EXPERIENCED IMPACT INVESTORS TO HELP STRENGTHEN AND ADVANCE THE PRACTICE OF IMPACT INVESTING. | $95,000 |
Ford Foundation New York, NY PURPOSE: IN SUPPORT OF PHASE ONE OF ITS NEW CAPITALISM PROJECT, DESIGNED TO DEVELOP A NEW VISION FOR CAPITALISM IN THE 21ST CENTURY | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Npt Charitable Asset Tr Jenkintown, PA | $16,456,984 | $30,273,580 |
Fund For The Public Interest Inc Boston, MA | $38,723,767 | $15,827,211 |
Rofeh Cholim Cancer Society Inc Brooklyn, NY | $24,523,868 | $22,653,682 |
Person To Person Inc Darien, CT | $8,508,315 | $15,004,932 |
Peter Schub Foundation New York, NY | $153,451 | $8,498,000 |
Queens College Special Projects Fund Inc Flushing, NY | $53,656,603 | $7,071,081 |
Global Impact Investing Network Inc New York, NY | $6,619,298 | $6,380,097 |
Fannie E Rippel Foundation Morristown, NJ | $0 | $6,091,281 |
Concrete Foundation Inc Craftsbury Common, VT | $101,088,945 | $16,269,821 |
Tapfound Inc New York, NY | $4,933,878 | $7,053,619 |
Chief Executives For Corporate Purpose Inc New York, NY | $5,985,740 | $5,961,385 |
Sovereign Military Hospitaller Order Of St John Of Jerusalem Of New York, NY | $5,131,952 | $5,108,487 |