CENTER FOR GLOBAL DEVELOPMENT

EIN: 522351337 501(c)(3) Human Services

WASHINGTON, DC

Total Revenue
$15,676,977
Total Expenses
$21,030,372
Total Assets
$60,279,029
Net Assets
$48,958,190
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
DC
Principal Officer
RACHEL GLENNERSTER
Phone
2024164000
Tax Period
2023-01-01 to 2023-12-31

CENTER FOR GLOBAL DEVELOPMENT, founded in 2001, is a mid-sized nonprofit in the Human Services sector that reported $15.7M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $21.0M exceeded revenue, resulting in a 34% operating deficit.

Mission

REDUCE GLOBAL POVERTY AND IMPROVE LIVES THROUGH INNOVATIVE ECONOMIC RESEARCH THAT DRIVES BETTER POLICY AND PRACTICE BY THE WORLD'S TOP DECISION MAKERS. WE FOCUS ON THE INTERSECTION OF DEVELOPING COUNTRIES AND THE GOVERNMENTS, INSTITUTIONS AND CORPORATIONS THAT CAN HELP THEM DELIVER GREATER PROGRESS.

Program Service Accomplishments

Program 1
Expenses: $18,112,535 Revenue: $397,602

PROVIDED NEW RESEARCH, DATA, CONSULTATION, PUBLIC EVENTS AND SEMINARS, PUBLICATIONS, AND POLICY PROPOSALS TO HELP ADDRESS GLOBAL ISSUES ON HEALTH, EDUCATION, TECHNOLOGY, ACCESS TO FINANCE, MIGRATION...

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PROVIDED NEW RESEARCH, DATA, CONSULTATION, PUBLIC EVENTS AND SEMINARS, PUBLICATIONS, AND POLICY PROPOSALS TO HELP ADDRESS GLOBAL ISSUES ON HEALTH, EDUCATION, TECHNOLOGY, ACCESS TO FINANCE, MIGRATION, AND OTHER DEVELOPMENT ISSUES.GLOBAL HEALTH - AS MORE COUNTRIES RISE OUT OF POVERTY, CGD IS FOCUSING ON THE INEQUITIES AND EMERGING PROBLEMS THAT JEOPARDIZE GLOBAL HEALTH PROGRESS: HOW SHOULD GOVERNMENTS ALLOCATE SCARCE HEALTH BUDGETS RATIONALLY? HOW CAN GLOBAL HEALTH DONORS AND OTHER DEVELOPMENT PARTNERS ADVANCE GLOBAL HEALTH SECURITY, PANDEMIC PREPAREDNESS, AND HEALTH SYSTEMS STRENGTHENING? WHAT CAN BE DONE TO ADDRESS HEALTH INEQUITIES IN LOW AND MIDDLE-INCOME COUNTRIES? WHAT ARE EVIDENCE-INFORMED POLICIES TO ADDRESS MARKET FAILURES THAT SPAN FROM EARLY-STAGE PHARMACEUTICAL RESEARCH AND DEVELOPMENT TO SUPPLY CHAIN EFFICIENCY AND ENSURE HEALTH PRODUCT MARKETS WORK FOR THE POOR? CGD RESEARCH HELPS POLICYMAKERS BUILD SUSTAINABLE HEALTH SYSTEMS, RESPOND TO SHIFTING REALITIES, AND DELIVER VALUE FOR MONEY. MIGRATIONS, DISPLACEMENT AND HUMANITARIAN POLICY - WE WORK TO MAXIMIZE THE BENEFITS OF MIGRATION TO DESTINATION AND ORIGIN COUNTRIES, EXPAND THE OPPORTUNITIES AVAILABLE TO FORCIBLY DISPLACED PEOPLE, AND REFORM THE HUMANITARIAN SYSTEM TO BETTER SERVE THE NEEDS OF THOSE AFFECTED BY CONFLICT AND CRISIS. WE RECOGNIZE THAT HUMAN MOBILITY CAN HAVE POSITIVE AND NEGATIVE EFFECTS, DEPENDING ON POLICY CHOICES. WE THEREFORE COLLABORATE WITH POLICYMAKERS AROUND THE WORLD TO CREATE SUSTAINABLE, PRAGMATIC, AND EVIDENCE-BASED POLICIES FOR EVERYONE ON THE MOVE.EDUCATION - CGD'S EDUCATION PROGRAM FOCUSES ON BROAD WELFARE GOALS AND SEEKS TO UNDERSTAND THE ROLE EDUCATION CAN PLAY IN ADDRESSING INEQUITY. DESPITE THE TREMENDOUS PROGRESS THAT HAS BEEN MADE IN INCREASING SCHOOL ACCESS, EDUCATION HAS NOT YET FULFILLED ITS PROMISE OF BEING THE GREAT SOCIETAL EQUALIZER. OUR RESEARCH EXAMINES THE MECHANISMS THROUGH WHICH EDUCATION CAN GIVE CHILDREN EQUAL LIFE OPPORTUNITIES AND BUILD THE HUMAN CAPITAL THAT NATIONS NEED TO PROSPER.SUSTAINABLE DEVELOPMENT FINANCE - CGD'S SDF PROGRAM FOCUSES ON THINKING BEYOND AID, TO PRIVATE FINANCE, AND UNLOCKING DEVELOPING COUNTRIES' OWN RESOURCES. CGD RESEARCH EXAMINES THE ROLES OF FINANCIERS AND DEVELOPING COUNTRY PARTNERS IN MOBILIZING AND ALLOCATING AID SO THAT THE INTERNATIONAL COMMUNITY CAN FOCUS NOT ONLY ON COUNTRY-BY-COUNTRY DEVELOPMENT, BUT ALSO ON PRESSING SHARED PROBLEMS, SUCH AS CLIMATE CHANGE AND THE THREAT OF PANDEMICS. TECHNOLOGY - CGD'S TECHNOLOGY PROGRAM FOCUSES ON THREE KEY QUESTIONS AROUND INNOVATION, GROWTH, AND INEQUALITY: HOW CAN GOVERNMENTS USE EXISTING TECHNOLOGIES TO DELIVER SERVICES MORE EFFECTIVELY TO CITIZENS? HOW CAN INTERNATIONAL INSTITUTIONS HELP CREATE AND SPREAD NEW TECHNOLOGIES TO TACKLE SHARED PROBLEMS LIKE CLIMATE CHANGE AND PANDEMICS? AND HOW CAN POLICYMAKERS ENSURE ADVANCES IN ARTIFICIAL INTELLIGENCE, AUTOMATION, AND COMMUNICATIONS BRING SHARED BENEFITS AND NOT GREATER GLOBAL INEQUALITY?

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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 (2023)

Revenue Breakdown

Contributions & Grants $14,163,388
Program Service Revenue $397,602
Investment Income $1,100,604
Other Revenue $15,383
TOTAL REVENUE $15,676,977

Expense Breakdown

Grants Paid $4,145,569
Salaries & Benefits $11,781,146
Fundraising Expenses $673,042
Program Expenses $18,112,535
Other Expenses $5,103,657
TOTAL EXPENSES $21,030,372

Year-over-Year Comparison

2023 2022 Change
Revenue $15,676,977 $21,731,642 -0.3%
Expenses $21,030,372 $19,682,028 +0.1%
Net Income $-5,353,395 $2,049,614 -3.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
23
Independent Members
22
Employees
93
Volunteers
25

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
7
$1,582,664
Total Directors
26
$581,510
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MASOOD AHMED PRESIDENT 40.00
Officer Director
$514,364 $67,146 $581,510
LAWRENCE SUMMERS CHAIR 0.50
Officer Director
$0 $0 $0
EDWARD SCOTT CHAIR EMERITUS 0.50
Officer Director
$0 $0 $0
AMRITA AHUJA DIRECTOR 0.50
Director
$0 $0 $0
CAROLINE ATKINSON DIRECTOR 0.50
Director
$0 $0 $0
BERTRAND BADRE DIRECTOR 0.50
Director
$0 $0 $0
AFSANEH BESCHLOSS DIRECTOR 0.50
Director
$0 $0 $0
NANCY BIRDSALL DIRECTOR 0.50
Director
$0 $0 $0
GEORGE W CASEY JR DIRECTOR 0.50
Director
$0 $0 $0
MARY-ANN ETIEBET DIRECTOR 0.50
Director
$0 $0 $0
DEBRA FINE DIRECTOR 0.50
Director
$0 $0 $0
TONY FRATTO DIRECTOR 0.50
Director
$0 $0 $0
DAVID F GORDON DIRECTOR, (UNTIL 11/30/23) 0.50
Director
$0 $0 $0
BRADLEY HORWITZ DIRECTOR, (UNTIL 4/30/23) 0.50
Director
$0 $0 $0
STEPHEN T ISAACS DIRECTOR 0.50
Director
$0 $0 $0
DONALD KABERUKA DIRECTOR 0.50
Director
$0 $0 $0
JOHN LIPSKY DIRECTOR 0.50
Director
$0 $0 $0
DAVID MARCHICK DIRECTOR 0.50
Director
$0 $0 $0
ROBERTY MCCARTHY DIRECTOR 0.50
Director
$0 $0 $0
LUIS ALBERTO MORENO DIRECTOR 0.50
Director
$0 $0 $0
BOBBY J PITTMAN DIRECTOR 0.50
Director
$0 $0 $0
SHUBHI RAO DIRECTOR 0.50
Director
$0 $0 $0
DALEEP SINGH DIRECTOR 0.50
Director
$0 $0 $0
SMITA SINGH DIRECTOR, (UNTIL 4/30/23) 0.50
Director
$0 $0 $0
KAREN SPENCER DIRECTOR 0.50
Director
$0 $0 $0
JUDY WOODRUFF DIRECTOR 0.50
Director
$0 $0 $0
ELLEN MACKENZIE CFO, VP OF ADMIN / TREASURER 40.00
Officer
$284,916 $59,385 $344,301
MARK PLANT INTERIM COO & SENIOR FELLOW 40.00
Officer
$249,625 $36,976 $286,601
AMANDA GLASSMAN--COO EXEC VP & SR. FELLOW(UNTIL 5/31/23) 40.00
Officer
$170,153 $18,696 $188,849
KENDRA WHITE SENIOR DIA/SECRETARY 40.00
Officer
$150,826 $30,577 $181,403
CHARLES KENNY SENIOR FELLOW 40.00
Highest
$229,244 $56,286 $285,530
NANCY LEE DIR. OF SDFP & SENIOR FELLOW 40.00
Highest
$229,667 $34,403 $264,070
JAVIER GUZMAN CRUZ DIR. OF GHPP & SENIOR FELLOW 40.00
Highest
$204,334 $53,267 $257,601
JUSTIN SANDEFUR SENIOR FELLOW 40.00
Highest
$201,250 $53,657 $254,907
KEHINDE AJAYI DIR. OF GEIP & SENIOR FELLOW 40.00
Highest
$216,341 $35,593 $251,934
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 No data No data No data No data
2023 $15,676,977 $21,030,372 $60,279,029 $-5,353,395
2022 $21,731,642 $19,682,028 $63,112,891 $2,049,614
2021 $14,319,773 $19,976,033 $65,777,264 $-5,656,260
2020 $28,135,296 $20,523,042 $73,335,379 $7,612,254
2019 $15,110,548 $20,324,850 $65,162,640 $-5,214,302
2018 $31,629,089 $16,900,166 $68,755,458 $14,728,923
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