Worldwide Initiatives for Grantmaker Support Inc

EIN: 273801730 501(c)(3) Philanthropy & Grantmaking

New York, NY

Total Revenue
$2,105,000
Total Expenses
$2,526,010
Total Assets
$2,851,392
Net Assets
$2,633,717
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
DE
Principal Officer
Benjamin Bellegy
Phone
6317569500
Tax Period
2024-01-01 to 2024-12-31

Worldwide Initiatives for Grantmaker Support Inc, founded in 2010, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.1M in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $2.5M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO GROW A STRONG, GLOBAL PHILANTHROPIC COMMUNITY THAT WORKS TO BUILD MORE EQUITABLE AND JUST SOCIETIES AROUND THE WORLD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,086,915
Program Service Revenue $0
Investment Income $67,927
Other Revenue $-49,842
TOTAL REVENUE $2,105,000

Expense Breakdown

Grants Paid $313,826
Salaries & Benefits $326,522
Fundraising Expenses $47,160
Program Expenses $1,868,616
Other Expenses $1,885,662
TOTAL EXPENSES $2,526,010

Year-over-Year Comparison

2024 2023 Change
Revenue $2,105,000 $4,079,997 -0.5%
Expenses $2,526,010 $2,599,249 0.0%
Net Income $-421,010 $1,480,748 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
11

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$196,770
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Benjamin Bellegy Executive Dir. 40.00
Officer
$0 $196,770 $196,770
Alina Mihaela Porumb Director 1.00
Director
$0 $0 $0
Delphine Moralis Director 1.00
Director
$0 $0 $0
Andrew Chunilall Chair 1.00
Officer Director
$0 $0 $0
Atallah Kuttab Chair Emeritus 1.00
Director
$0 $0 $0
Barry Gaberman Chair Emeritus 1.00
Director
$0 $0 $0
Christopher Worman Director 1.00
Director
$0 $0 $0
David Sangokoya Director 1.00
Director
$0 $0 $0
Jaff Shen Director 1.00
Director
$0 $0 $0
Somachi Chris-Asoluka Treasurer 1.00
Officer Director
$0 $0 $0
Rodrigo Pipponzi Secretary 1.00
Officer Director
$0 $0 $0
Vidya Shah Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,105,000 $2,526,010 $2,851,392 $-421,010
2023 $4,079,997 $2,599,249 $4,312,211 $1,480,748
2022 $2,087,417 $1,859,283 $3,016,260 $228,134
2021 $1,851,390 $1,244,277 $1,728,265 $607,113
2020 $552,156 $737,680 $1,468,376 $-185,524
2019 $940,034 $633,292 $1,036,246 $306,742
2018 $561,035 $496,220 $697,736 $64,815
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