International : Development and Relief Services

Initiative for Global Development

Engaging corporate leaders in reducing global poverty through strategic, successful business investment.

two stars

74.91

1750 K Street NW Suite 1100
Washington, DC 20006
tel: (202) 454-3972   Web Site
EIN: 20-8003146

Board Leadership
Robert A. Mosbacher, Jr.
Chairman

CEO
Leila Ndiaye
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 74.91 two stars
  Financial 66.27 one star
  Accountability & Transparency 89.00 three stars
This rating was published 05/01/2019 and includes data from FY2017, the most recent 990 received at that time.

Founded in 2006, Initiative for Global Development (IGD) works to engage corporate leaders in reducing global poverty through strategic, successful business investment. We bring together an influential network of senior executives from sector-leading companies with the interest and capacity to make strategic investments in high-need, high-potential areas of Africa. Members of our Frontier Leaders network shape global connections and frontier market insights, and promote business-driven development to create economic growth and opportunity.

Founded in 2006, Initiative for Global Development (IGD) works to engage corporate leaders in reducing global poverty through strategic, successful business investment. We bring together an influential network of senior executives from sector-leading companies with the interest and capacity to make strategic investments in high-need, high-potential areas of Africa. Members of our Frontier Leaders network shape global connections and frontier market insights, and promote business-driven development to create economic growth and opportunity.

Impact Information

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Financial

one star

66.27

Accountability & Transparency

three stars

89.00

This rating was published 05/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
63.2%
  Administrative Expenses 27.6%
  Fundraising Expenses 9.1%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.40
  Program Expenses Growth -7.4%
  Liabilities to Assets 6.7%
All data for Financial Performance Metrics calculations was provided by Initiative for Global Development on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Initiative for Global Development on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,007,621
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,007,621
   Program Service Revenue $33,251
Total Primary Revenue $1,040,872
   Other Revenue $113
TOTAL REVENUE $1,040,985
   
EXPENSES  
   Program Expenses $743,534
   Administrative Expenses $169,692
   Fundraising Expenses $123,348
TOTAL FUNCTIONAL EXPENSES $1,036,574
   
Payments to Affiliates $0
Excess (or Deficit) for the year $4,411
   
Net Assets $506,710

Charts

Compensation % of Expenses Paid to Title
$165,384 15.95% Miodrag Nedelcovych President, CEO

Mission

Founded in 2006, Initiative for Global Development (IGD) works to engage corporate leaders in reducing global poverty through strategic, successful business investment. We bring together an influential network of senior executives from sector-leading companies with the interest and capacity to make strategic investments in high-need, high-potential areas of Africa. Members of our Frontier Leaders network shape global connections and frontier market insights, and promote business-driven development to create economic growth and opportunity.

Highly Rated

Charity Name & State Overall Score Overall Rating
Initiative for Global Development (DC) 74.91 two stars
Operation Bootstrap Africa (MN) 94.02 four stars
American Himalayan Foundation (CA) 92.67 four stars
World Neighbors (OK) 92.88 four stars
El Porvenir (CO) 92.45 four stars

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Charity Contact Info

Initiative for Global Development
1750 K Street NW
Suite 1100
Washington, DC 20006
tel: (202) 454-3972
EIN: 20-8003146

Visit Web Site

Board Leadership

Robert A. Mosbacher, Jr.
Chairman

CEO

Leila Ndiaye
President, CEO