FUND FOR THE GLOBAL FUND

EIN: 275273239 501(c)(3) Human Services

WASHINGTON, DC

Total Revenue
$7,427,134
Total Expenses
$10,491,634
Total Assets
$15,362,292
Net Assets
$5,181,122
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
DE
Principal Officer
TODD SUMMERS
Phone
2029123819
Tax Period
2024-01-01 to 2024-12-31

FUND FOR THE GLOBAL FUND, founded in 2010, is a community nonprofit in the Human Services sector that reported $7.4M in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $10.5M exceeded revenue, resulting in a 41% operating deficit.

Mission

TO ENCOURAGE INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND DONOR GOVERNMENTS TO SUPPORT THE GLOBAL FUND, AN INTERNATIONAL FOUNDATION FOCUSED ON ENDING THREE OF THE WORLD'S MOST DEADLY INFECTIOUS DISEASES.

Program Service Accomplishments

Program 1
Expenses: $10,330,422

PROGRAMS SUPPORTED BY THE GLOBAL FUND HAVE CUMULATIVELY HELPED SAVE 65 MILLION LIVES, PLACED 25 MILLION PEOPLE ON ANTIRETROVIRAL THERAPY FOR HIV, TREATED TUBERCULOSIS FOR 7.1 MILLION PEOPLE, AND...

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PROGRAMS SUPPORTED BY THE GLOBAL FUND HAVE CUMULATIVELY HELPED SAVE 65 MILLION LIVES, PLACED 25 MILLION PEOPLE ON ANTIRETROVIRAL THERAPY FOR HIV, TREATED TUBERCULOSIS FOR 7.1 MILLION PEOPLE, AND DISTRIBUTED 227 MILLION INSECTICIDE-TREATED NETS TO PROTECT AGAINST MALARIA.

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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 $7,427,103
Program Service Revenue $0
Investment Income $31
Other Revenue $0
TOTAL REVENUE $7,427,134

Expense Breakdown

Grants Paid $9,805,108
Salaries & Benefits $36,000
Fundraising Expenses $0
Program Expenses $10,330,422
Other Expenses $650,526
TOTAL EXPENSES $10,491,634

Year-over-Year Comparison

2024 2023 Change
Revenue $7,427,134 $25,574,766 -0.7%
Expenses $10,491,634 $19,216,078 -0.5%
Net Income $-3,064,500 $6,358,688 -1.5%
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
7
Independent Members
6
Employees
N/A
Volunteers
6

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
3
$36,000
Total Directors
7
$36,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TODD SUMMERS PRESIDENT 10.00
Officer Director
$36,000 $0 $36,000
RICHARD PARNELL TREASURER 1.00
Officer Director
$0 $0 $0
FRANCOISE VANNI SECRETARY 1.00
Officer Director
$0 $0 $0
MARIA SOL PINTOS CASTRO DIRECTOR 0.20
Director
$0 $0 $0
KATJA ROLL DIRECTOR 0.20
Director
$0 $0 $0
SHAUN MELLORS DIRECTOR 0.20
Director
$0 $0 $0
PETER VAN ROOIJEN DIRECTOR 0.20
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 $7,427,134 $10,491,634 $15,362,292 $-3,064,500
2023 $25,574,766 $19,216,078 $26,011,700 $6,358,688
2022 $16,899,289 $17,290,242 $19,552,273 $-390,953
2021 $20,841,947 $20,940,637 $31,742,511 $-98,690
2020 $52,938,948 $51,150,005 $32,773,259 $1,788,943
2019 $45,268,234 $45,146,463 $13,026,585 $121,771
2018 $38,159,384 $38,407,015 $13,785,134 $-247,631
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