Mission
Global Partnerships (GP) is an impact-first investor whose mission is to expand opportunity for people living in poverty. For 25 years we have pioneered and invested in sustainable solutions that help people living in poverty increase their incomes and improve their lives, with investments in livelihoods, education, energy, health, housing, and sanitation. Since inception through September 30, 2020, GP and its affiliated funds have deployed $474.3 million in impact-first investments in 161 partners, bringing meaningful impact to nearly 22.1 million lives. GP currently has staff located in Bogotá, Colombia; Nairobi, Kenya; and Seattle, WA.
Notes from the nonprofit
Global Partnerships is an impact-first investor whose mission is to expand opportunity for people living in poverty. We invest in social enterprise partners that use market-based solutions that empower people to earn a living and improve their lives. By tapping into the potential of market forces to bring about long-lasting change for impoverished families, we are able to have a greater, more sustainable impact. Currently, our partners consist of social enterprises that provide high-impact products and services focused around opportunity areas designed to address various facets of poverty: livelihoods, education, energy, housing, health and sanitation. For more information please visit our website at www.globalpartnerships.org
Ruling year
2003
Chief Executive Officer
Mr. Rick Beckett
President and Chief Investment Officer
Mr. Mark Coffey
Main address
1201 Western Avenue Suite 410
Seattle, WA 98101 USA
EIN
82-0574491
NTEE code
International Economic Development (Q32)
Management & Technical Assistance (P02)
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
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Communication
Programs and results
What we aim to solve
Global Partnerships is an impact-first investor dedicated to expanding opportunity for people living in poverty. We make loans and early stage investments in social enterprises that deliver market-based products and services that empower people to earn a living and improve their lives.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Women-Centered Finance with Health
Global Partnerships aims to improve the health of women and their families by investing in microfinance institutions (MFIs) that deliver credit and savings plus access to basic health services.
Solar Lights
Global Partnerships (GP) aims to improve the economic position and quality of life of off-grid households by investing in manufacturers and distributors that provide access to quality, low cost solar lights and home systems.
Smallholder Farmer Market Access
Global Partnerships aims to improve the economic position of smallholder farmers and their families by investing in agricultural businesses that provide them with market access and technical assistance.
Women-Centered Finance with Education
Global Partnerships aims to empower women living in poverty by investing in partners that deliver credit and savings bundled with education.
Rural-Centered Finance with Education
Global Partnerships aims to improve the livelihoods of rural households by investing in financial institutions that deliver credit and education tailored to meet their needs.
Home Improvement Finance
Unlike affordable housing, home improvements provided via microfinance organizations can be financed incrementally with loans, and thus reach a wider and lower income demographic. Partners also provide project budgeting, work planning and best-practice construction education.
Cookstoves
Global Partnerships (GP) aims to reduce health risks and financial burden of impoverished households by investing in cookstoves that reduce emissions and are more efficient and affordable.
Where we work
External reviews
Photos
Our results
How does this organization measure their results? It's a hard question but an important one.
Cumulative number of impact-first investments made in social enterprise partners with whom we have made impact investments
This metric is no longer tracked.Totals By Year
Population(s) Served
Economically disadvantaged people
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Numbers are as of fiscal year end June 30th of the given year.
Cumulative impact-first capital deployed for impact investments
This metric is no longer tracked.Totals By Year
Population(s) Served
Economically disadvantaged people
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Numbers are as of fiscal year end June 30th of the given year.
Cumulative number of countries where we have made impact investments in local social enterprise partners
This metric is no longer tracked.Totals By Year
Population(s) Served
Economically disadvantaged people
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Numbers are as of fiscal year end June 30th of the given year.
Cumulative number of impact-first investment initiatives
This metric is no longer tracked.Totals By Year
Population(s) Served
Economically disadvantaged people, Women and girls
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Each initiative is designed to address a specific facet of poverty, including earning a living and access to affordable healthcare, clean energy, shelter and decent sanitation.
Cumulative number of social enterprise partners to whom we've made impact-first investments
This metric is no longer tracked.Totals By Year
Population(s) Served
Women and girls, Economically disadvantaged people
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
Numbers are as of fiscal year end June 30th of the given year.
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Our ten-year aspirational goals are to invest $500 million into impact-led social enterprises that deliver market-sustaining innovations comprised of at least 20 investment initiatives (i.e. women-centered finance with education and cookstoves) that bring meaningful opportunity to 30 million people living in poverty - empowering them to earn a living and improve their own lives.
What are the organization's key strategies for making this happen?
Using philanthropic capital to prove out sustainable solutions and loan capital to sustain and grow proven solutions, we will continue to invest in partners that include microfinance institutions, cooperatives and social businesses to reach families living in poverty. We will focus our efforts on delivering essential products and services in the areas of health services, economic resilience, and green energy to impoverished families, with a focus on women and rural communities who face the greatest obstacles in accessing essential products and services that will help them lift themselves out of poverty.
What are the organization's capabilities for doing this?
Program development & execution
Impact measurement and evaluation
Monitoring and tracking program progress
Investment due diligence and fund structuring
Research and development
What have they accomplished so far and what's next?
Since inception through September 30, 2020, GP and its affiliated funds have deployed $474.3 million in impact-first investments in 161 partners, bringing meaningful impact to nearly 22.1 million lives in 26 countries throughout Latin America, the Caribbean and sub-Saharan Africa. Please visit our website at www.globalpartnerships.org to read more about our progress.
Financials
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Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
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Connect with nonprofit leaders
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- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
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Global Partnerships
Board of directorsas of 12/19/2022
Mike Galgon
Mike T. Galgon
No Affiliation
Paula Clapp
Seattle International Foundation
Walter Euyang
No Affiliation
Dr. Bert Green
University of Washington Medical Center
Gregg Johnson
Johnson Consulting Associates
Alex Silva
Omtrix Inc.
Matthew McBrady
Silver Creek Capital Management LLC
Bill Clapp
Seattle International Foundation
Curt Fraser
JPMorgan Chase
Jane Stonecipher
No Affiliation
Kurt DelBene
Microsoft Corporation
Enrique Godreau III
Voyager Capital
Rosario Pérez
Pro Mujer
Laurie J. Spengler
Courageous Capital Advisors, LLC
Tim Porter
Madrona Venture Group
Bill Richter
Qumulo
Robert B. Van Cleve
Hillis Clark Martin & Peterson P.S.
Ed Lazar
Milburn Services, LLC
Carla Lewis
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
-
Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
No data
The organization's co-leader identifies as:
No data
Race & ethnicity
No data
Gender identity
No data
No data
Sexual orientation
No data
Disability
No data
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