NonprofitsGroup Of 50 Foundation Inc

Community Improvement & Capacity Building

Group Of 50 Foundation Inc

WASHINGTON, DC

Total revenue

$107K

Total expenses

$372K

Net assets

$2.1M

Grants received

EIN

271441903

Tax year

2024

Mission

The group of 50 is an independent, non-profit organization and has no partisan, ideological, religious, or commercial affiliations of any kind. Its members are selected not only for the success of their enterprises but also for their commitment to the economic development of the americas and their impeccable reputation for ethical business behavior, the g50 members are also some of the leading philanthropists in the western hemisphere. The g50's private meetings have become leading forums for exchanging ideas and experiences in response to the political, economic, and social trends affecting ibero-america and the world. The group also includes the millennium leaders of the group of 50 (ml50), a select group of entrepreneurs under 40 who are already influential business figures in the region.

Programs

2 programs

Member relations and network maintenance - maintained ongoing relationships with g50 and ml50 (millennium leaders) members through communications, coordination, and relationship management activities. This included preserving the dynamic network of business leaders committed to strengthening connections between their communities and facilitating continued informal exchanges of innovative business practices throughout iberoamerica.

Expenses: $50K

Research and strategic analysis - conducted organizational research and analysis to inform strategic decision-making about future programming directions. This included evaluation of member needs, assessment of regional trends affecting iberoamerican business leadership, and development of frameworks for future forum activities and organizational structure.

Expenses: $29K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$107K
Other revenue$534
Total revenue$107K

Expenses

Grants paid$14K
Salaries & benefits$289K
Fundraising
Other expenses$69K
Total expenses$372K
Total assets$2.1M
Net assets$2.1M

People

4 listed

NameRoleCompensation

ANDRES NAIM

EXECUTIVE DIRECTOR SINCE SEPTEMBER 2024

Board

$87K

35 hrs/wk

MARIANELLA MORALES

EXECUTIVE DIRECTOR UNTIL SEPTEMBER 2024

Board

$79K

50 hrs/wk

MOISES NAIM

CHAIRMAN

Board

5 hrs/wk

FRANCISCO J GONZALEZ

BOARD MEMBER

Board

1 hrs/wk

Details

EIN271441903
NTEE codeS41
Subsection06
Ruling date2011-08
Formed2009
Employees3
Volunteers2
GROUP OF 50 FOUNDATION INC — Mission, Financials & Grants Received | Grantivo