GAVI ALLIANCE

EIN: 980593375 501(c)(3) International Affairs
Total Revenue
$2,630,210,671
Total Expenses
$3,709,599,789
Total Assets
$10,301,246,567
Net Assets
$7,495,316,422
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Principal Officer
FRANCOIS NOTE
Phone
2024781050
Tax Period
2023-01-01 to 2023-12-31

GAVI ALLIANCE, founded in 2009, is a large national nonprofit in the International Affairs sector that reported $2.6B in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $3.7B exceeded revenue, resulting in a 41% operating deficit.

Mission

TO SAVE LIVES AND PROTECT PEOPLE'S HEALTH BY INCREASING EQUITABLE AND SUSTAINABLE USE OF VACCINES.

Program Service Accomplishments

Program 1
Expenses: $2,382,797,155

THE VACCINE GOAL: INTRODUCE AND SCALE UP VACCINESWITH THE EXCEPTION OF PENTAVALENT VACCINE, IN AGGREGATE ALL GAVI-SUPPORTED VACCINES HAD HIGHER COVERAGE IN 2023 THAN BEFORE THE PANDEMIC IN 2019.- 34...

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THE VACCINE GOAL: INTRODUCE AND SCALE UP VACCINESWITH THE EXCEPTION OF PENTAVALENT VACCINE, IN AGGREGATE ALL GAVI-SUPPORTED VACCINES HAD HIGHER COVERAGE IN 2023 THAN BEFORE THE PANDEMIC IN 2019.- 34 GAVI-SUPPORTED VACCINE INTRODUCTIONS AND PREVENTIVE CAMPAIGNS TOOK PLACE IN 2023 IN ADDITION TO 40 OUTBREAK RESPONSE VACCINATION CAMPAIGNS SUPPORTED BY GAVI.- 14 MILLION GIRLS FULLY IMMUNIZED AGAINST HPV WITH GAVI SUPPORT IN 2023 MORE THAN THE PREVIOUS TEN YEARS COMBINED.- 15 COUNTRIES ACCESSED CHOLERA, MENINGOCOCCAL AND YELLOW FEVER VACCINES THROUGH GAVI-SUPPORTED EMERGENCY STOCKPILES A TOTAL OF 29 TIMES IN 2023.- 57 GAVI-SUPPORTED COUNTRIES INCREASED BREADTH OF PROTECTION WITH VACCINES IN THE GAVI PORTFOLIO TO 56%, UP 3 PERCENTAGE POINTS FROM 2022.THE EQUITY GOAL: STRENGTHEN HEALTH SYSTEMS TO INCREASE EQUITY IN IMMUNIZATIONIN GAVI 5.0/5.1, HEALTH SYSTEM STRENGTHENING (HSS) SUPPORT PRIORITIZES EQUITY IN IMMUNISATION DELIVERY, TO REDUCE THE NUMBER OF ZERO-DOSE AND UNDER-IMMUNIZED CHILDREN.- >69 MILLION CHILDREN WERE REACHED WITH GAVI-SUPPORTED ROUTINE VACCINES IN 2023 MORE THAN IN ANY YEAR APART FROM 2019.- 47 COUNTRIES HAVE INSTALLED MORE THAN 67,000 COLD CHAIN EQUIPMENT (CCE) UNITS PROCURED BY UNICEF SUPPLY DIVISION THROUGH GAVI'S COLD CHAIN EQUIPMENT OPTIMIZATION PLATFORM (CCEOP) NEARLY 5,200 IN 2023 ALONE.- AFTER SEVERAL YEARS OF DECLINE SINCE 2019, AVERAGE COVERAGE OF DTP3 IN 26 LOW-INCOME COUNTRIES SUPPORTED BY GAVI HELD STEADY IN 2023 THE ONLY INCOME GROUP TO AVOID DECLINE.- 32 COUNTRIES WERE APPROVED FOR EQUITY ACCELERATOR FUND (EAF) FUNDING TO IDENTIFY AND REACH ZERO-DOSE CHILDREN AND MISSED COMMUNITIES.- IN 2023, GAVI-SUPPORTED COUNTRIES MAINTAINED DTP3 COVERAGE AT 80% (COMPARED TO THE 84% GLOBAL AVERAGE).THE SUSTAINABILITY GOAL: IMPROVE SUSTAINABILITY OF NATIONAL IMMUNIZATION PROGRAMSTHE YEAR 2023 CONFIRMED THE ROBUSTNESS OF THE VACCINE ALLIANCE'S CO-FINANCING APPROACH AND THE STEADY FINANCIAL COMMITMENT OF COUNTRIES, DESPITE MANY COUNTRIES FACING INCREASING FRAGILITY.- US$ 215 MILLION WAS CONTRIBUTED BY COUNTRIES TOWARDS THE CO-FINANCING OF GAVI-SUPPORTED VACCINES IN 2023 THE HIGHEST AMOUNT YET AND A TESTAMENT TO COUNTRY OWNERSHIP AND THE LONG-TERM FINANCIAL SUSTAINABILITY OF GAVI-SUPPORTED VACCINES.- 55 VACCINE PROGRAMS ORIGINALLY INTRODUCED WITH GAVI FUNDING ARE NOW SELF-FINANCED BY COUNTRIES AS OF 2023, UP FROM 40 IN 2018.- 100% OF COUNTRIES FULLY MET THEIR 2023 CO-FINANCING OBLIGATION EXCEPT FOUR WAIVERS FOR HUMANITARIAN CRISIS.- IN THE FACE OF FISCAL CHALLENGES, CLIMATE CHANGE, CONFLICT AND INSTABILITY, MOST GAVI-SUPPORTED COUNTRIES MAINTAINED OR INCREASED DOMESTIC RESOURCES FOR CO-FINANCING OF GAVI-SUPPORTED VACCINES IN 2023, BRINGING TO US$ 1.7 BILLION THEIR TOTAL CONTRIBUTION SINCE THE INTRODUCTION OF THE CO-FINANCING POLICY IN 2008.THE HEALTHY MARKETS GOAL: ENSURE HEALTHY MARKETS FOR VACCINES AND RELATED PRODUCTSGAVI'S MARKET SHAPING EFFORTS MAKE LIFE-SAVING VACCINES AND OTHER IMMUNISATION PRODUCTS MORE ACCESSIBLE AND AFFORDABLE FOR LOWER-INCOME COUNTRIES.- 10 MARKETS FOR VACCINES AND IMMUNISATION PRODUCTS EXHIBITED ACCEPTABLE LEVELS OF HEALTHY MARKET DYNAMICS IN 2023, MEETING THE TARGET FOR THE YEAR.- 10 INNOVATIVE PRODUCTS WERE WITHIN THE PIPELINE OF COMMERCIAL-SCALE MANUFACTURERS IN 2023, CONTINUING TO EXCEED THE ALLIANCE TARGET OF 8 BY 2025 WELL AHEAD OF SCHEDULE..- 1 NEW PRODUCT WITH IMPROVED CHARACTERISTICS WAS NEWLY OFFERED TO GAVI-SUPPORTED COUNTRIES IN 2023, KEEPING THE ALLIANCE ON TRACK FOR ITS 2025 TARGET: MULTIVALENT MENINGOCOCCAL CONJUGATE VACCINE (MMCV), THE FIRST CONJUGATE VACCINE TO PROTECT AGAINST THE FIVE PREDOMINANT SEROGROUPS OF MENINGOCOCCAL MENINGITIS IN AFRICA.- THROUGH GAVI'S MARKET SHAPING EFFORTS, THE NUMBER OF MANUFACTURERS SUPPLYING PREQUALIFIED GAVI-SUPPORTED VACCINES REMAINED AT 19 IN 2023 (WITH MORE THAN HALF BASED IN LOW- AND MIDDLE-INCOME COUNTRIES) COMPARED WITH 5 IN 2001.FURTHER INFORMATION ON GAVI'S PROGRESS TOWARDS ACHIEVING ITS STRATEGIC GOALS CAN BE FOUND IN ITS 2023 ANNUAL PROGRESS REPORT, ONLINE AT: HTTPS://WWW.GAVI.ORG/PROGRAMMES-IMPACT/OUR-IMPACT/PROGRESS-REPORTS.

Program 2
Expenses: $1,244,828,953

COVAX CLOSED ON 31 DECEMBER 2023, AFTER HAVING DELIVERED NEARLY 2 BILLION COVID-19 VACCINE DOSES AND SAFE INJECTION DEVICES TO 146 ECONOMIES, AND IS ESTIMATED TO HAVE AVERTED OVER 2.7 MILLION DEATHS...

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COVAX CLOSED ON 31 DECEMBER 2023, AFTER HAVING DELIVERED NEARLY 2 BILLION COVID-19 VACCINE DOSES AND SAFE INJECTION DEVICES TO 146 ECONOMIES, AND IS ESTIMATED TO HAVE AVERTED OVER 2.7 MILLION DEATHS IN AMC LOWER-INCOME PARTICIPATING ECONOMIES. COVAX SUPPLIED 74% OF LOW-INCOME COUNTRIES' COVID-19 VACCINE DOSES DURING THE PANDEMIC; AND IN TOTAL, 54 OF THE 92 AMC-ELIGIBLE ECONOMIES RELIED ON COVAX FOR MORE THAN HALF OF THEIR COVID-19 VACCINE SUPPLY. COVAX HELPED LOWER-INCOME COUNTRIES ACHIEVE TWO-DOSE COVERAGE OF 57%, COMPARED TO THE GLOBAL AVERAGE OF 67%; AND PROTECT HIGH-RISK POPULATIONS: 85% OF HEALTH CARE WORKERS AND 72% OF OLDER ADULTS (COMPARED TO HIGH-INCOME COUNTRIES AT 89% AND 95%, RESPECTIVELY).FURTHER INFORMATION ON GAVI'S COVAX REPORT CAN BE FOUND IN ITS 2023 ANNUAL PROGRESS REPORT, ONLINE AT: HTTPS://WWW.GAVI.ORG/PROGRAMMES-IMPACT/OUR-IMPACT/PROGRESS-REPORTS.

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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 $2,270,153,588
Program Service Revenue $0
Investment Income $351,162,977
Other Revenue $8,894,106
TOTAL REVENUE $2,630,210,671

Expense Breakdown

Grants Paid $3,524,403,694
Salaries & Benefits $85,323,553
Fundraising Expenses $32,649,434
Program Expenses $3,627,626,108
Other Expenses $99,872,542
TOTAL EXPENSES $3,709,599,789

Year-over-Year Comparison

2023 2022 Change
Revenue $2,630,210,671 $4,380,773,762 -0.4%
Expenses $3,709,599,789 $7,354,311,674 -0.5%
Net Income $-1,079,389,118 $-2,973,537,912 -0.6%
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
32
Independent Members
32
Employees
20
Volunteers
53

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
$1,724,247
Total Directors
53
$0
Key Employees
5
$1,747,015
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSE MANUEL BARROSO CHAIR 2.00
Director
$0 $0 $0
SARAH GOULDING VICE CHAIR - UNTIL 12/23 2.00
Director
$0 $0 $0
OMAR ABDI BOARD MEMBER 2.00
Director
$0 $0 $0
KWAKU AGYEMAN-MANU BOARD MEMBER 2.00
Director
$0 $0 $0
TAKESHI AKAHORI BOARD MEMBER 2.00
Director
$0 $0 $0
BETH ARTHY BOARD MEMBER 2.00
Director
$0 $0 $0
ANAHIT AVANYESAN BOARD MEMBER 2.00
Director
$0 $0 $0
BRUCE AYLWARD BOARD MEMBER - AS OF 02/23 2.00
Director
$0 $0 $0
MAHIMA DATLA BOARD MEMBER - UNTIL 06/23 2.00
Director
$0 $0 $0
GABRIELLA FESUS BOARD MEMBER - UNTIL 12/23 2.00
Director
$0 $0 $0
AAMER IKRAM BOARD MEMBER - UNTIL 12/23 2.00
Director
$0 $0 $0
ZSUZANNA JAKAB BOARD MEMBER - UNTIL 02/23 2.00
Director
$0 $0 $0
ROBERT LUCIEN KARGOUGOU BOARD MEMBER 2.00
Director
$0 $0 $0
NAGUIB KHERAJ BOARD MEMBER 2.00
Director
$0 $0 $0
MANSUKH MANDAVIYA BOARD MEMBER - UNTIL 12/23 2.00
Director
$0 $0 $0
VIOLAINE MITCHELL BOARD MEMBER 2.00
Director
$0 $0 $0
SAAD OMER BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREW DREW OTOO BOARD MEMBER 2.00
Director
$0 $0 $0
SAI PRASAD BOARD MEMBER - AS OF 07/23 2.00
Director
$0 $0 $0
MPHU RAMATLAPENG BOARD MEMBER 2.00
Director
$0 $0 $0
TERESA RESSEL BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN-ARNE ROTTINGEN BOARD MEMBER - UNTIL 12/23 2.00
Director
$0 $0 $0
AWA MARIE COLL SECK BOARD MEMBER 2.00
Director
$0 $0 $0
ANNE SHUCHAT BOARD MEMBER 2.00
Director
$0 $0 $0
DEENA SHIFF BOARD MEMBER 2.00
Director
$0 $0 $0
JUAN PABLO URIBE BOARD MEMBER 2.00
Director
$0 $0 $0
RAFAEL VILASANJUAN BOARD MEMBER - UNTIL 12/23 2.00
Director
$0 $0 $0
YIBING WU BOARD MEMBER 2.00
Director
$0 $0 $0
SOLEH AYUBI ALT. BOARD MEMBER - AS OF 10/23 2.00
Director
$0 $0 $0
EDNA YOLANI BATRES ALT. BOARD MEMBER - UNTIL 02/23 2.00
Director
$0 $0 $0
JOAN BENSON ALT. BOARD MEMBER 2.00
Director
$0 $0 $0
KARIN BERLIN ALT. BOARD MEMBER - 10/23 TO 12/23 2.00
Director
$0 $0 $0
WON DO-YEON ALT. BOARD MEMBER - UNTIL 12/23 2.00
Director
$0 $0 $0
JEREMIE FORRAT-JAIME ALT. BOARD MEMBER - UNTIL 12/23 2.00
Director
$0 $0 $0
ATUL GAWANDE ALT. BOARD MEMBER - 06/23 TO 12/23 2.00
Director
$0 $0 $0
MELLISSA HISKO ALT. BOARD MEMBER - AS OF 06/23 2.00
Director
$0 $0 $0
MOHAMED JAMA ALT. BOARD MEMBER 2.00
Director
$0 $0 $0
JORIS JURRIENS ALT. BOARD MEMBER - UNTIL 06/23 2.00
Director
$0 $0 $0
ETLEVA KADILLI ALT. BOARD MEMBER - UNTIL 06/23 2.00
Director
$0 $0 $0
SILVIA LUTUCUTA ALT. BOARD MEMBER 2.00
Director
$0 $0 $0
BVUDZAI MAGADZIRE ALT. BOARD MEMBER - UNTIL 12/23 2.00
Director
$0 $0 $0
FRANCESCA MANNO ALT. BOARD MEMBER 2.00
Director
$0 $0 $0
ALAA MURABIT ALT. BOARD MEMBER - UNTIL 02/23 2.00
Director
$0 $0 $0
KATE O'BRIEN ALT. BOARD MEMBER 2.00
Director
$0 $0 $0
LEILA GHARAGOZLOO PAKKALA ALT. BOARD MEMBER - AS OF 10/23 2.00
Director
$0 $0 $0
BOUNFENG PHOUMMALAYSITH ALT. BOARD MEMBER - UNTIL 12/23 2.00
Director
$0 $0 $0
MICHAEL KENT RANSON ALT. BOARD MEMBER 2.00
Director
$0 $0 $0
EDUARDO HUMBERTO RETES ALT. BOARD MEMBER - AS OF 05/23 2.00
Director
$0 $0 $0
XIANG SHU ALT. BOARD MEMBER - UNTIL 08/23 2.00
Director
$0 $0 $0
JOSHUA TABAH ALT. BOARD MEMBER - UNTIL 06/23 2.00
Director
$0 $0 $0
LIA TADESSE ALT. BOARD MEMBER - UNTIL 12/23 2.00
Director
$0 $0 $0
RHODA WANYENZE ALT. BOARD MEMBER 2.00
Director
$0 $0 $0
GREG WIDMYER ALT. BOARD MEMBER - AS OF 02/23 2.00
Director
$0 $0 $0
DR SETH BERKLEY CEO - UNTIL 08/23 39.10
Officer
$510,162 $80,673 $590,835
DAVID MARLOW INTERIM CEO - AS OF 09/23 37.50
Officer
$447,107 $80,526 $527,633
BRENDA KILLEN DIRECTOR, GOVERNANCE 32.50
Officer
$242,083 $61,497 $303,580
ASSIETOU DIOUF CHIEF FINANCIAL OFFICER 37.50
Officer
$238,660 $63,539 $302,199
THABANI MAPHOSA MANAGING DIR, COUNTRY PROGRAMMES 40.00
Key Emp
$268,012 $72,118 $340,130
PASCAL BAROLLIER CHIEF ENG. AND INFORMATION OFFICER 40.00
Key Emp
$280,998 $91,218 $372,216
MARIE-ANGE SARAKA-YAO CHIEF RES. MOB. AND GROWTH OFFICER 40.00
Key Emp
$297,200 $70,403 $367,603
AURELIA NGUYEN MNG DIRECTOR CHIEF PROGRAMME OFFICER 40.00
Key Emp
$291,349 $74,483 $365,832
DERRICK SIM MANAGING DIR. OFFICE OF COVAX FAC. 40.00
Key Emp
$229,397 $71,837 $301,234
CATHERINE PAWLOW DIRECTOR, HUMAN RESOURCES 40.00
Highest
$536,878 $66,467 $603,345
SUSAN MACKAY HEAD, DEMAND, COMMUNITIES & GENDER 40.00
Highest
$368,598 $23,838 $392,436
EDMUND GROVE DIRECTOR PROGRAMME AUDIT 40.00
Highest
$306,477 $67,373 $373,850
ALEX DE JONQUIERES DIRECTOR, HEALTH SYSTEMS AND IMMUN. 40.00
Highest
$299,179 $68,165 $367,344
ANDREW MENDS DIRECTOR OPERATION AND PROCUREMENT 40.00
Highest
$290,203 $67,017 $357,220
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 $2,630,210,671 $3,709,599,789 $10,301,246,567 $-1,079,389,118
2022 $4,380,773,762 $7,354,311,674 $11,345,377,448 $-2,973,537,912
2021 $16,397,114,134 $8,581,898,512 $16,258,481,147 $7,815,215,622
2020 $2,331,168,273 $2,116,958,438 $6,896,842,127 $214,209,835