Global Generosity Inc
- Assets
- $3.2m
- Revenue
- $4.8m
- Investments
- $101.0k
- Employees
- 4
- Location
- Alpharetta, GA
- Founding
- 01/2016
- Data as of
- 12/2022
- EIN
- 47-5209151
Organization Overview
Global Generosity Inc is located in Alpharetta, GA. The organization was established in 2016. 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 12/2022, Global Generosity Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Generosity 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 12/2022, Global Generosity Inc generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $4.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Global Generosity Inc has awarded 82 individual grants totaling $49,003,254. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FUEL A GLOBAL MOVEMENT THAT RESULTS IN LIFE-TRANSFORMING GENEROSITY AND CHARITABLE EFFORTS.
Describe the Organization's Program Activity:
GLOBAL GENEROSITY, INC., ENGAGED IN ACTIVITIES DESIGNED TO FUEL A GLOBAL MOVEMENT THAT RESULTS IN LIFE-TRANSFORMING GENEROSITY AND THAT SUPPORTS AND ENCOURAGES RELIGIOUS, CHARITABLE AND EDUCATIONAL ACTIVITIES AMONGST CHRISTIANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David H Wills President/director | OfficerTrustee | 40 | $238,093 |
J Todd Peterson Secr./treas./director | OfficerTrustee | 40 | $180,000 |
Daryl Heald Director | Trustee | 1 | $0 |
Scott Patrick Director | Trustee | 1 | $0 |
Todd Harper Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jackson Consulting Group Llc Consulting | 12/30/21 | $150,000 |
Johanna Sheridan Consulting | 12/30/21 | $126,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,804,828 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,804,828 |
| Total Program Service Revenue | $0 |
| Investment income | $26 |
| 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 | $4,849,979 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $486,603 |
| Grants and other assistance to domestic individuals. | $7,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $602,109 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $522,672 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,651 |
| Pension plan accruals and contributions | $5,294 |
| Other employee benefits | $519 |
| Payroll taxes | $32,880 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $86,747 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $717,096 |
| Advertising and promotion | $0 |
| Office expenses | $10,915 |
| Information technology | $10,647 |
| Royalties | $0 |
| Occupancy | $1,500 |
| Travel | $58,750 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,652 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,197 |
| All other expenses | $0 |
| Total functional expenses | $4,419,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,641,485 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $463,350 |
| 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 | $9,724 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $101,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,215,559 |
| Accounts payable and accrued expenses | $166,041 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $166,041 |
| Net assets without donor restrictions | $1,228,265 |
| Net assets with donor restrictions | $1,821,253 |
| 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 | $3,215,559 |
Grants Awarded
Over the last fiscal year, Global Generosity Inc has awarded $478,203 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF GREAT DIXTER PURPOSE: SUPPORT | $35,000 |
EMERGENT ORDER FOUNDATION INC PURPOSE: CULTURE | $25,000 |
CIFERS FOUNDATION PURPOSE: SUPPORT | $7,500 |
ILLUMINATIONS FOUNDATION INC PURPOSE: EVANGELISM | $50,000 |
FOSTER'S OUTRIDERS FOUNDATION PURPOSE: GROWTH | $275,000 |
PARTNERSHIPS FOR CHANGE PURPOSE: CULTURE | $10,200 |