The G7 Foundation Inc
- Assets
- $3.6m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 01/2015
- Data as of
- 12/2023
- EIN
- 47-1194083
Organization Overview
The G7 Foundation Inc is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (Q40) the organization is classified as: International Peace & Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. G7 Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE G7+ FOUNDATION IS TO FACILITATE THE SHARING OF LESSONS LEARNED AND BEST PRACTICES FOR PEACEBUILDING AND STATE-BUILDING AMONG FRAGILE STATES IN ORDER TO FURTHER THE SHARED GOALS OF STABILITY, SECURITY, GOOD GOVERNANCE, ECONOMIC GROWTH AND SUSTAINABLE DEVELOPMENT FOLLOWING THE PRINCIPLES OF VOLUNTEERISM, SOLIDARITY AND COOPERATION ON A PATH TO RESILIENCE.
THE MISSION OF THE G7+ FOUNDATION IS TO FACILITATE THE SHARING OF LESSONS LEARNED AND BEST PRACTICES FOR PEACEBUILDING AND STATE-BUILDING AMONG FRAGILE STATES IN ORDER TO FURTHER THE SHARED GOALS OF STABILITY, SECURITY, GOOD GOVERNANCE, ECONOMIC GROWTH AND SUSTAINABLE DEVELOPMENT FOLLOWING THE PRINCIPLES OF VOLUNTEERISM, SOLIDARITY AND COOPERATION ON A PATH TO RESILIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pierre-Richard Prosper President | 1 | $0 | |
Peter Ryan-Kane Treasurer | 1 | $0 | |
Dr Helder Da Costa Board Of Directors | 1 | $0 | |
Habib Ur Rehman Mayar Board Of Directors | 1 | $0 | |
Timothy Feighery Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,134 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $467 |
| Total operating and administrative expenses | $135,190 |
| Contributions, gifts, grants paid | $342,237 |
| Total expenses and disbursements | $477,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,554,924 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,554,924 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The G7 Foundation Inc has awarded $342,237 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
G7 SECRATARIAT PURPOSE: PEER TO PEER LEARNING IN RWANDA | $123,200 |
G7 SECRATARIAT PURPOSE: THE ESTABLISHMENT OF A NEW YORK OFFICE TO INCREASE VISIBILITY AND INFLUENCE OF THE G7+ ON THE GLOBAL STAGE. THE SUPPORT HAS BEEN INSTRUMENTAL IN ENHANCING THE G7+ OBSERVER STATUS IN THE UNITED NATIONS. IN 2024, THE G7+ SUCCESSFULLY ORGANIZED A HIGH-LEVEL SUMMIT IN NEW YORK, WHICH BROUGHT TOGETHER HEADS OF STATE, GOVERNMENTS, AND MINISTERS FROM MEMBER COUNTRIES. | $219,037 |