We are proud that 86 percent of our budget is directed to program services, helping to advance the dignity of children all over the world. Only 14 percent is directed to fundraising and general administration. This is well below the national average of 25 percent for such expenses.
Charity Navigator
Charity Navigator has awarded us its highest rating of four stars for the fifth consecutive year. We are committed to continuing this high level of financial efficiency and accountability. This exceptional rating indicates that our performance "exceeds industry standards and outperforms most charities in [our] Cause.”
2008-2009 Annual Report
Last fiscal year, we awarded 488 grants valued at more than $3.28 million to grassroots groups serving vulnerable children and youth around the world. Since 1997, GFC has awarded 2,677 grants valued at close to $16 million. These grants have supported and strengthened 376 community-based organizations in 73 countries.
Faith, which celebrates the diversity of religious expression around the world, became our fastest seller ever, boosted by a major sale to Scholastic Book Fairs.
We expanded our grantmaking into six new countries—Burundi, Hungary, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan—allowing us to reach vulnerable children in even more corners of the world.
We were able to award two Global Fund for Children/ International Center of Photography Fellowships this year. Jesse Newman traveled to Thailand and Guatemala, photographing grantee partners working in early childhood development as part of our Under-8 Initiative. Tiana Markova-Gold visited our partners involved in the Nike Grassroots Girls Initiative in Brazil and Nigeria.
Since 1996, the Books for Kids project has donated more than 85,000 books, with a retail value of more than $1 million, to organizations and programs promoting children’s literacy around the world.
For more information about the countries and organizations that we serve, read our latest annual report, WHY The Global Fund for Children? (Please note that the pdf file size of the annual report is 4MB and may take a few moments to load)
Financial Highlights of the 2008-2009 Fiscal Year:
Our operating budget of $6.86 million was nearly 10 percent higher than the previous year's budget.
Net assets also grew by approximately 10 percent to $7.6 million, reflecting an efficient use of resources in a down economy during which revenue decreased.
If you have any questions about The Global Fund for Children's financial information, please email the vice-president of finance and operations at
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.