Global Partnerships

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Global Partnerships is an impact-first investment fund manager whose charitable mission is to expand opportunity for people living in poverty in developing countries around the world.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-0574491) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Run by 17 volunteers and 26 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $2.6M a year · 18% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
91% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.9M
to officers and key staff · 14% of spending
Pay to officers and key staff is 14% of spending.
Part VII, Section A
49.3 mo
of spending, in cash
Plus $182.3M in investments, Pt X · Ln 11–13
49.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $1.4M
7 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$217.0M
89% of total assets
Liabilities are 89% of assets.
Pt X · Ln 26
Independent board members
10
of 15 voting members
10 of 15 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$16.1M
+1% vs prior year
Spent
$13.8M
To programs
91%
Net assets
$28.1M
By yearFY2020–FY2025
Revenue
$16.1M
FY2025▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2020$11.9M
FY2021$11.2M
FY2022$15.1M
FY2023$15.6M
FY2024$15.9M
FY2025$16.1M
Expenses
$13.8M
FY2025▲ +30%
Tap a bar for its year
Expenses by fiscal year
FY2020$10.5M
FY2021$10.9M
FY2022$13.2M
FY2023$11.2M
FY2024$10.6M
FY2025$13.8M
Net assets
$28.1M
FY2025▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$18.4M
FY2021$18.4M
FY2022$19.2M
FY2023$19.8M
FY2024$26.2M
FY2025$28.1M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $12.5M Management & general 7% · $926K Fundraising 3% · $360K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

24 people listed on the 990; $1.9M paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
CEO Thru 06/24
$333,167Pt VII · Sec A
COO & General Counsel
$222,466Pt VII · Sec A
Chief Investment Officer
$204,971Pt VII · Sec A
Chief Capital and Impact Officer
$204,592Pt VII · Sec A
Chief Lending Officer
$195,333Pt VII · Sec A
Managing Director
$186,088Pt VII · Sec A
$182,372Pt VII · Sec A
President
$181,741Pt VII · Sec A

Rick Beckett’s $333K as CEO Thru 06/24 is at the 72nd percentile of top reported officer pay among 746 $10–100M mental health nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Rick Beckett$333,167$413,183$408,072$399,619$377,858$358,107
Mark Coffey$181,741$178,490$261,004$252,002$241,002$230,036
Megan Muir$222,466$223,389$209,000$192,979$184,984$172,785
Nathalia Rodriguez$204,971$166,662$157,841$149,101$144,795$136,699
Tara Murphy Forde$204,592$190,493$169,609$149,973$140,969$136,355
Curt Fraser$195,333$194,285————
Jim Villanueva$186,088$190,661————
Jim Villenueva——$184,853$173,917$165,033$161,898

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Global Partnerships executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II11 listed

Programs and updates

Expands opportunity for people living in poverty worldwide.

Questions for Global Partnerships

Tap to ask. Global Partnerships sees how many people are interested.

Your first name shows with your question. Global Partnerships answers here, for everyone.

1 program · $12.5M · in their own filed words · FY2024
01

As of june 30, 2025, global partnerships (GP), almost entirely through its subsidiary funds, had more than $182 million invested in 86 microfinance institutions, social businesses and cooperatives in 29 countries in latin america, the caribbean and subsaharan africa.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-0574491) · Dispute this line
$12.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$16.1M
Ln 12
Fees for servicesLn 2g$12.0M
Investment incomeLn 3$2.3M
Gifts and grantsLn 1h$1.7M
Money outPt IX
$13.8M
Ln 25
Programscol B$12.5M
Managementcol C$926K
Fundraisingcol D$360K
Owns and owesPt X
$28.1M
net assets · Ln 32
Cash and savingsLn 1–2$56.6M
Total assetsLn 16$245.1M
LiabilitiesLn 26$217.0M
PeoplePt VI, VII
24
listed · VII A
PaidVII A9
Voting boardVI 1a15
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.7M
Noncash giftsLn 1g$214K
Fees for servicesLn 2g$12.0M
Investment incomeLn 3$2.3M
Gains on assetsLn 7−$926
Total revenueLn 12$16.1M
Assets in detailPt X, end of year
CashLn 1$41K
SavingsLn 2$56.5M
Cash and savings togetherLn 1–2$56.6M
Pledges and grants receivableLn 3$194K
Prepaid expenses and deferred chargesLn 9$99K
Land, buildings, equipmentLn 10c$161K
InvestmentsLn 11–13$182.3M
Other assetsLn 15$5.8M
Total assetsLn 16$245.1M
LiabilitiesLn 26$217.0M
Net assetsLn 32$28.1M
OperationsPt I, VI
EmployeesI 526
VolunteersI 617
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$214K
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$316K$289K$243K$216K$273K
SpentLn 1d–1f$16K$16K$16K$18K$15K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$47.6M$56.6M
InvestmentsLn 11–13$169.4M$182.3M
Land, buildings, equipmentLn 10c$188K$161K
Total assetsLn 16$224.1M$245.1M
LiabilitiesLn 26$197.9M$217.0M
Net assetsLn 32$26.2M$28.1M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$969K$564K$299K$105K
Other salaries and wagesLn 7$2.7M$2.3M$247K$141K
Pension plan contributionsLn 8$203K$169K$18K$16K
Other employee benefitsLn 9$498K$423K$53K$22K
Payroll taxesLn 10$436K$383K$37K$17K
Legal feesLn 11b$137K$124K$12K$137
Accounting feesLn 11c$101K$51K$51K
Other fees for servicesLn 11g$955K$955K
Advertising and promotionLn 12$12K$6K$1K$4K
Office expensesLn 13$47K$40K$5K$2K
Information technologyLn 14$312K$234K$55K$23K
OccupancyLn 16$317K$257K$43K$18K
TravelLn 17$246K$220K$22K$4K
Conferences, conventions and meetingsLn 19$64K$61K$2K$1K
InterestLn 20$4.6M$4.6M
Depreciation, depletion and amortizationLn 22$45K$35K$7K$2K
InsuranceLn 23$67K$27K$39K$349
Other expenses (24a–d)Ln 24$2.0M$2.0M$5K$203
All other expensesLn 24e$112K$79K$30K$4K
Total functional expensesLn 25$13.8M$12.5M$926K$360K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 13, 2026 $16.1M$13.8M$2.3M$28.1M 990 PDF
FY2024Filed with the IRS Apr 30, 2025 $15.9M$10.6M$5.2M$26.2M 990 PDF
FY2023Filed with the IRS May 7, 2024 $15.6M$11.2M$4.4M$19.8M 990 PDF
FY2022 $15.1M$13.2M$1.9M$19.2M 990 PDF
FY2021Filed with the IRS May 12, 2022 $11.2M$10.9M$285K$18.4M 990 PDF
FY2020Filed with the IRS May 12, 2021 $11.9M$10.5M$1.3M$18.4M 990 PDF

Schedules filed Part IV

A · Public support B · Donors C · Political and lobbying D · Assets and endowments F · Foreign J · Pay L · Interested persons M · Noncash O · Explanations R · Related orgs
See the full FY2025 990
Part I · Summary $16,058,818 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,574,637$1,739,371
I-9 Program service revenuePrior year $11,507,294$12,036,974
I-10 Investment incomePrior year $1,785,587$2,282,291
I-11 Other revenuePrior year $5$182
I-12 Total revenuePrior year $15,867,523$16,058,818
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,296,820$4,792,512
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,332,850$8,987,172
I-18 Total expensesPrior year $10,629,670$13,779,684
I-19 Revenue less expensesPrior year $5,237,853$2,279,134
Part VI · Governance 10 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $16,058,818 across 8 lines filed
VIII-1f All other contributions, gifts and grants$1,739,371
VIII-1g Noncash contributions (included above)$213,788
VIII-1h Total contributions, gifts and grants$1,739,371
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $12,036,974$12,036,974
VIII-3 Investment incomeExcluded from tax $2,283,217$2,283,217
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$926−$926
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $182$182
VIII-12 Total revenueRelated to mission $12,036,974 · Unrelated business $0 · Excluded from tax $2,282,473$16,058,818
Part IX · Statement of functional expenses $13,779,684 across 19 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $564,370 · Management $299,081 · Fundraising $105,298$968,749
IX-7 Other salaries and wagesPrograms $2,298,518 · Management $246,544 · Fundraising $141,248$2,686,310
IX-8 Pension plan contributionsPrograms $169,394 · Management $17,919 · Fundraising $15,583$202,896
IX-9 Other employee benefitsPrograms $422,856 · Management $52,867 · Fundraising $22,430$498,153
IX-10 Payroll taxesPrograms $382,996 · Management $36,745 · Fundraising $16,663$436,404
IX-11b Legal feesPrograms $124,382 · Management $12,310 · Fundraising $137$136,829
IX-11c Accounting feesPrograms $50,720 · Management $50,720$101,440
IX-11g Other fees for servicesPrograms $954,861$954,861
IX-12 Advertising and promotionPrograms $6,220 · Management $1,455 · Fundraising $4,291$11,966
IX-13 Office expensesPrograms $39,774 · Management $5,244 · Fundraising $2,103$47,121
IX-14 Information technologyPrograms $233,735 · Management $55,162 · Fundraising $22,645$311,542
IX-16 OccupancyPrograms $256,662 · Management $42,541 · Fundraising $18,220$317,423
IX-17 TravelPrograms $220,147 · Management $22,361 · Fundraising $3,581$246,089
IX-19 Conferences, conventions and meetingsPrograms $60,805 · Management $1,798 · Fundraising $1,270$63,873
IX-20 InterestPrograms $4,554,373$4,554,373
IX-22 Depreciation, depletion and amortizationPrograms $35,310 · Management $7,208 · Fundraising $2,487$45,005
IX-23 InsurancePrograms $27,284 · Management $39,150 · Fundraising $349$66,783
IX-24 Other expenses (24a–d)Programs $2,012,709 · Management $4,902 · Fundraising $203$2,017,814
IX-24e All other expensesPrograms $78,980 · Management $29,556 · Fundraising $3,517$112,053
IX-25 Total functional expensesPrograms $12,494,096 · Management $925,563 · Fundraising $360,025$13,779,684
Part X · Balance sheet $245,145,553 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $124,602$41,324
X-2 Savings and temporary cash investmentsStart of year $47,484,321$56,532,857
X-3 Pledges and grants receivableStart of year $330,337$194,154
X-9 Prepaid expenses and deferred chargesStart of year $66,827$98,846
X-10c Land, buildings and equipment, netStart of year $188,413$160,645
X-13 Program-related investmentsStart of year $169,355,353$182,274,095
X-15 Other assetsStart of year $6,557,042$5,843,632
X-16 Total assetsStart of year $224,106,895$245,145,553
X-17 Accounts payable and accrued expensesStart of year $1,305,889$948,092
X-22 Loans from officers and insidersStart of year $750,000$1,100,000
X-24 Unsecured notes and loans payableStart of year $185,621,516$200,748,967
X-25 Other liabilitiesStart of year $10,206,201$14,215,021
X-26 Total liabilitiesStart of year $197,883,606$217,012,080
X-27 Net assets without donor restrictionsStart of year $24,445,164$26,706,309
X-28 Net assets with donor restrictionsStart of year $1,778,125$1,427,164
X-32 Total net assets or fund balancesStart of year $26,223,289$28,133,473
X-33 Total liabilities and net assetsStart of year $224,106,895$245,145,553
Part XI · Reconciliation of net assets $28,133,473 net assets at year end
XI-1 Total revenue$16,058,818
XI-2 Total expenses$13,779,684
XI-3 Revenue less expenses$2,279,134
XI-4 Net assets at start of year$26,223,289
XI-5 Net unrealized gains (losses) on investments$553,425
XI-9 Other changes in net assets−$922,375
XI-10 Net assets at end of year$28,133,473

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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