2020-10-06T11:58:44-05:00 2019-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2019-01-01 271661997 GIVEDIRECTLY INC GIVE 6465044837 PO BOX 3221 NEW YORK NY 10008 MICHAEL FAYE PRESIDENT 6465044837 2020-10-06 1 AARON M FOX P01365820 2022274000 47.19.127.190 2020-10-06 11:58:39 ED P 487A913A90A0A966B3CBA68539F8DA44DDDC3DB4 6AC81BC1B87996D38B9727319EB90F7A1B477416 2019 2021-01-29 14:40:06Z MICHAEL FAYE PO BOX 3221 NEW YORK NY 10008 67864654 0 X WWW.GIVEDIRECTLY.ORG X 2009 MA TO REDUCE POVERTY BY PROVIDING FINANCIAL ASSISTANCE DIRECTLY TO THOSE IN NEED. 5 3 35 8 0 0 52904845 42143391 0 0 1526763 2492252 700912 560159 55132520 45195802 59805465 33220908 0 0 4871220 6387267 0 0 2103659 4359614 4972914 69036299 44581089 -13903779 614713 87072544 87939598 22229584 21959482 64842960 65980116 THE ORGANIZATION'S MISSION IS TO REDUCE POVERTY BY PROVIDING FINANCIAL ASSISTANCE DIRECTLY TO THOSE IN NEED. 0 0 40674346 33220908 GIVEDIRECTLY OFFERS A SERVICE ALLOWING OTHERS - GOVERNMENTS, FOUNDATIONS, INDIVIDUAL DONORS - TO PROVIDE DIRECT CASH TRANSFERS, TO THOSE IN NEED. THE ORGANIZATION'S PROPRIETARY MODEL RE-ENGINEERS FIELDWORK FOR THE DIGITAL ERA, ALLOWING IT TO COMPLETE THESE TRANSFERS SECURELY, EFFICIENTLY AND TRANSPARENTLY. USING THE LATEST TECHNOLOGY AT EVERY STEP, GIVEDIRECTLY LOCATES RECIPIENTS, INTEGRATES THEM INTO ELECTRONIC PAYMENTS NETWORKS, AND MONITORS TRANSFERS END-TO-END. THE ORGANIZATION CHARGES DONORS THE FULL COST OF DELIVERING THIS SERVICE. SINCE 2009, GIVE DIRECTLY HAS REACHED MORE THAN 200,000 HOUSEHOLDS IN NEED ACROSS 6 COUNTRIES IN AFRICA AND THE UNITED STATES. 40674346 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 X 24 0 1 35 1 0 1 KE UG MI MO LI UK CG RW 0 0 0 0 0 0 0 0 0 0 X 5 3 1 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AK AR CA CO CT DC FL GA HI IL KS KY LA MA MD ME MN MS MO NC ND NH NJ NM NY NV OH OK OR PA PR RI SC TN TX UT VA WA WV WI X X JEFFREY GARCIA 6465044837 PO BOX 3221 NEW YORK NY 10008 PIALI MUKHOPADHYAY COO- INTERNATIONAL 40.00 X 273064 0 9228 ISOBEL COLEMAN COO 40.00 X 238860 0 32 JOSEPH HUSTON CFO 40.00 X 217883 0 5209 KATIE DONLEY HEAD OF GROWTH 40.00 X 177091 0 11802 ERIC FRIEDMAN REGIONAL DIRECTOR, EAST AFRICA 40.00 X 161920 0 7955 MEYLAKH BARSHAY DIRECTOR, TECHNOLOGY 40.00 X 138439 0 6866 HAN SHENG CHIA SPECIAL PROJECTS DIRECTOR 40.00 X 115624 0 1697 MICHAEL FAYE PRESIDENT 35.00 X X 112730 0 5 PAUL NIEHAUS CHAIR 7.00 X X 0 0 0 ROHIT WANCHOO TREASURER 1.00 X X 0 0 0 JACQUELLINE FULLER DIRECTOR 1.00 X 0 0 0 ALY JEDDY DIRECTOR 1.00 X 0 0 0 1435611 0 42794 8 0 1 0 SEGOVIA TECHNOLOGY 115 WEST 18TH STREET NEW YORK NY 10011 PAYMENT SOFTWARE SERVICES 559322 BDO 8401 GREENSBORO DR 800 MCLEAN VA 22102 ACCOUNTING AND TAX SERVICES 283210 IDINSIGHT 350 TOWNSEND STREET 407 SAN FRANCISCO CA 94107 RESEARCH & RESEARCH DESIGN EVAL. 189300 3 7359 1635183 40500849 834554 42143391 2288581 2288581 22872523 22668852 203671 203671 203671 FOREIGN EXCHANGE TRANSACTIONS 900099 548598 548598 REWARDS 900099 9536 9536 OTHER INCOME 900099 2025 2025 560159 45195802 0 0 3052411 33220908 33220908 857013 152976 180489 523548 4561910 3329444 258701 973765 6965 3448 3517 571174 412874 94312 63988 390205 253691 34719 101795 122596 50525 54613 17458 417036 23428 393608 127233 127233 304131 245846 21295 36990 476580 446426 19323 10831 862314 573286 164504 124524 579764 257895 321869 907579 772946 60715 73918 36191 30926 3467 1798 54119 5757 48362 MOBILE MONEY & BANKING 891677 706443 10427 174807 EQUIPMENT 156381 153926 2218 237 MISCELLANEOUS 37313 33601 3712 44581089 40674346 1803084 2103659 X 11805754 8789901 31690363 19180909 6578819 4079193 619939 451589 86220 53125 313885 500383 196001 99709 85637 96292 1285081 4913009 34421566 49592003 185280 283194 87072544 87939598 277270 380849 21865286 18739041 0 2807691 87028 31901 22229584 21959482 X 54108525 51773270 10734435 14206846 64842960 65980116 87072544 87939598 614713 522443 0 X 0 1 X 1 1 1 X 50462033 45118192 50505598 52904845 42143391 241134059 50462033 45118192 50505598 52904845 42143391 241134059 59548876 181585183 235135 643608 485681 1703307 2288581 5356312 452954 196126 447879 700912 560159 2358030 248848401 0.72970 0.84880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 92791 51025 41766 103210 48684 54526 96292 US GOV'T AGENCIES OBLIG. 43275127 F FRGN. GOV'T AGEN. OBLIG. 6316876 F 49592003 DUE TO RELATED PARTY 31901 31901 X 45758791 522443 167779 690222 45068569 127233 127233 45195802 44621635 167779 167779 44453856 127233 127233 44581089 PART X, LINE 2: GIVEDIRECTLY PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. 1 SUB-SAHARAN AFRICA 6 323 CASH TRANSFERS TO RECIPIENTS LOCATED IN THE REGION 32658908 SUB-SAHARAN AFRICA 0 0 FUNDRAISING 47441 SUB-SAHARAN AFRICA 0 0 PROGRAM RELATED INVESTMENTS 6317000 MIDDLE EAST AND NORTH AFRICA 0 3 PROGRAM SERVICES PROGRAM EXPENSE RELATED TO CASH TRANSFERS 79730 CENTRAL AMERICA AND THE CARIBBEAN 0 0 CASH TRANSFERS TO RECIPIENTS LOCATED IN THE REGION 562000 6 326 0 0 6 326 39665079 0 39665079 DIRECT CASH ASSISTANCE SUB-SAHARAN AFRICA 40340 32658908 MOBILE MONEY DIRECT CASH ASSISTANCE CENTRAL AMERICA AND THE CARIBBEAN 281 562000 PREPAID CARDS 0 0 1 0 0 0 PART I, LINE 2: TO MONITOR THE USE OF GRANTS, GIVEDIRECLTLY AIMS TO SEND AN SMS TEXT MESSAGE TO ALL RECIPIENTS AND ALSO FOLLOWS UP VIA PHONE CALL ON A SAMPLE BASIS AFTER EACH TRANSFER IS SENT TO ENSURE IT WAS RECEIVED AND THERE WERE NOT ANY ADVERSE EVENTS. IT ALSO PARTICIPATES IN RANDOMIZED CONTROLLED TRIALS TO MEASURE THE IMPACT OF THE GRANTS. PART II, LINE 1 ACCOUNTING METHOD: THE ORGANIZATION REPORTED THE EXPENDITURES BASED ON THE ACCOUNTING METHOD USED IN ITS AUDITED FINANCIAL STATEMENTS WHICH IS ACCRUAL BASIS. PART III ACCOUNTING METHOD: THE ORGANIZATION REPORTED THE EXPENDITURES BASED ON THE ACCOUNTING METHOD USED IN ITS AUDITED FINANCIAL STATEMENTS WHICH IS ACCRUAL BASIS. X X X 0 0 0 0 0 0 0 1 0 PIALI MUKHOPADHYAY COO- INTERNATIONAL 150000 0 118400 0 4664 0 0 0 9228 0 282292 0 0 0 ISOBEL COLEMAN COO 225000 0 0 0 13860 0 0 0 32 0 238892 0 0 0 JOSEPH HUSTON CFO 150000 0 59200 0 8683 0 0 0 5209 0 223092 0 0 0 KATIE DONLEY HEAD OF GROWTH 150000 0 25000 0 2091 0 0 0 11802 0 188893 0 0 0 ERIC FRIEDMAN REGIONAL DIRECTOR, EAST AFRICA 147525 0 4500 0 9895 0 0 0 7955 0 169875 0 0 0 PART I, LINE 7 FOR THE YEAR ENDED DECEMBER 31, 2019, INDIVIDUALS LISTED ON PART VII RECEIVED A NON-FIXED PAYMENT OF BONUSES, WHICH WERE BASED ON AN APPRAISAL OF HIS/HER PERFORMANCE. PART II THE ORGANIZATION'S PRESIDENT, MICHAEL FAYE, DID NOT DRAW A SALARY OR RECEIVE FRINGE BENEFITS FOR THE FIRST HALF OF 2019. THESE SERVICES HAVE BEEN INCLUDED AS CONTRIBUTED SERVICES ON THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS WHICH ARE AVAILABLE ON THE WEBSITE. MICHAEL FAYE WAS COMPENSATED BY THE ORGANIZATION STARTING IN JULY 2019. MEMBERS OF THE BOARD DO NOT RECIEVE COMPENSATION. SEGOVIA TECHNOLOGY CO TWO BOARD MEMBERS ARE ALSO CO-FOUNDERS & WERE DIRECTORS OF SEGOVIA IN FY19. 496490 SEGOVIA PROVIDES SOFTWARE AND ADMINISTRATIVE SERVICES TO GIVEDIRECTLY. 0 X 65 834554 FMV 0 0 0 PART I, COLUMN (B): THE ORGANIZATION REPORTS THE NUMBER OF CONTRIBUTIONS IN COLUMN (C). FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD, MICHAEL FAYE AND PAUL NIEHAUS, ARE ALSO CO-FOUNDERS AND WERE DIRECTORS OF SEGOVIA TECHNOLOGY CO. DURING FY19 (NOW PART OF CAB TECH HOLDCO LIMITED). PAUL NIEHAUS WAS NO LONGER A BOARD MEMBER OF SEGOVIA AS OF JUNE 30, 2019. MICHAEL FAYE IS A CURRENT BOARD MEMBER OF CAB TECH HOLDCO LIMITED. FORM 990, PART VI, SECTION A, LINE 4 STATUTORY MEMBERS AND THEIR RIGHTS WERE ESTABLISHED IN THE AMENDED BYLAWS EFFECTIVE AUGUST 2019. FORM 990, PART VI, SECTION A, LINE 6 THE INITIAL MEMBERS OF THE CORPORATION SHALL BE MICHAEL FAYE, JACQUELLINE FULLER, ALY JEDDY, PAUL NIEHAUS, AND ROHIT WANCHOO. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE THE POWER TO ELECT, REMOVE OR SUSPEND THE DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN GOVERNANCE DECISIONS ARE SUBJECT TO THE APPROVAL OF STATUTORY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B QUALIFIED AND AUTHORIZED PERSON SHALL REVIEW THE ANNUAL FORM 990 RETURN, PREPARED BY ITS THIRD PARTY TAX ACCOUNTANTS, UNDER THE DIRECTION OF THE BOARD. THE RETURN SHALL BE PRESENTED TO ALL BOARD MEMBERS FOR APPROVAL, EITHER VIA E-MAIL OR BY PAPER COPY, PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL AND OFFICER, SHALL ANNUALLY REVIEW THE CONFLICTS OF INTEREST POLICY AND DISCLOSE ANY KNOWN CONFLICTS. IF THERE IS A POTENTIAL VIOLATION, IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE ANY ACTUAL OR POSSIBLE FINANCIAL CONFLICT OF INTEREST, THE BOARD MEMBER WILL BE AFFORDED AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE FOR TO MAKE SUCH A DISCLOSURE AND IF DETERMINED TO BE A VIOLATION THE BOARD SHALL TAKE DISCIPLINARY, CORRECTIVE OR OTHER ACTION TO BE DETERMINED BY THE MAJORITY OF THE DISINTERESTED MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT INCLUDED A REVIEW BY THE TREASURER AND THE REST OF THE BOARD, OF THE SALARIES OF CEO'S AT ORGANIZATIONS OF SIMILAR SIZE. THE PROCESS FOR DETERMINING COMPENSATION OF KEY EMPLOYEES INCLUDES A REVIEW AND APPROVAL BY THE BOARD, WHICH INCLUDES REVIEWING THE SALARIES OF POSITIONS IN ORGANIZATIONS OF SIMILAR SIZE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FINANCIAL STATEMENTS AND FORM 990S ARE AVAILABLE ON THE WEBSITE. FORM 990, PART X, LINE 19 DURING 2019, GOOGLE DONATED $2.85M TO GIVEDIRECTLY FOR DISASTER RELIEF EFFORTS IN FY2019, OF WHICH $2.8M WAS TREATED AS DEFERRED REVENUE. THE DEFERRED REVENUE WILL BE RECOGNIZED AS REVENUE IN 2020 TO THE EXTENT HUMANITARIAN EFFORTS ARE UNDERTAKEN IN RESPONSE TO DISASTERS. IN THE EVENT NO DISASTERS MEET THE CRITERIA BY DECEMBER 31, 2020, OR THE $2.8M IS NOT FULLY UTILIZED FOR DISASTER RESPONSE IN 2020, GIVEDIRECTLY WILL WORK TOGETHER WITH GOOGLE IN GOOD FAITH TO DETERMINE HOW THE UNALLOCATED GRANT FUNDS WILL BE SPENT, WHICH WILL BE REFLECTED IN AN AMENDMENT. IF THE PARTIES DO NOT ENTER INTO AN AMENDMENT BY MARCH 31, 2021, GIVEDIRECTLY WILL RETURN ANY UNALLOCATED GRANT FUNDS TO GOOGLE.