“Every Gift A Story”—Global Impact Releases 2010 Annual Report
Alexandria, VA (November 29, 2010) - Report demonstrates positive, empowering and sustainable results for those who give as well as those who receive.
"The 2010 Annual Report documents Global Impact's work to make every gift an effective response to needs around the world," stated Renée Acosta, President and CEO, Global Impact. "Each accomplishment supports a clear, unchanging mission: to assure help for the world's most vulnerable people."
Highlights of the positive outcomes from the past year include:
• Raising $118.4 million to benefit millions of people;
• Serving 14,000 charities;
• Raising $19.9 million for international relief and development work;
• Innovative partnerships with 15 Fortune 500 corporations to raise $14.3 million through workplace giving campaigns; and,
• Assuring help for more than 400 million people in need.
A rigorous series of checks and balance ensure transparency and sound financial management of Global Impact. These practices have resulted in a series of excellent ratings including Seal Holder status from the Better Business Bureau Wise Giving Alliance, for the fifth consecutive year, for meeting all 20 standards for charity accountability; and, an administrative and fundraising expense ratio of 9.3 percent, a fraction of the 35 percent deemed acceptable by the Better Business Bureau.
Global Impact also received an Honorable Mention Award for Excellence in Nonprofit Management from The Washington Post and the Center for Nonprofit Management and a ranking of '164' in The Chronicle of Philanthropy's annual Philanthropy 400. Both the Combined Federal Campaign of the National Capital Area and the Combined Federal Campaign-Overseas received the National CFC Innovator Award from the Office of Personnel Management, a multi-year win for each campaign.
About Global Impact
Global Impact raises funds to meet critical humanitarian needs around the world. The organization funds more than 70 U.S.-based international charities through innovative partnerships and employee giving programs, and provides solutions to meet the unique giving needs of organizations and donors. In addition, Global Impact distributes charitable donations for some of America’s top corporations and administers one of the world’s largest workplace giving campaigns, the Combined Federal Campaign-Overseas. Since 1956, Global Impact has generated more than $1.5 billion to assure help for the world’s most vulnerable people.