Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 4,463,171 | 4,964,338 | 4,294,339 | 6,806,924 | 7,963,277 | 28,492,049 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 4,463,171 | 4,964,338 | 4,294,339 | 6,806,924 | 7,963,277 | 28,492,049 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 2,943,248 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 25,548,801 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 4,463,171 | 4,964,338 | 4,294,339 | 6,806,924 | 7,963,277 | 28,492,049 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 9,741 | 10,932 | 5,613 | 6,353 | 11,604 | 44,243 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | 28,536,292 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2020 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2020 |
(iii) Distributable Amount for 2020 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2020 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2020: | ||||
| a From 2015....... | ||||
| b From 2016....... | ||||
| c From 2017....... | ||||
| d From 2018....... | ||||
| e From 2019....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2020 distributable amount | ||||
|
i
Carryover from 2015 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2020 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2020 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2020, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2020. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2021. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2016..... | ||||
| b Excess from 2017..... | ||||
| c Excess from 2018..... | ||||
| d Excess from 2019..... | ||||
| e Excess from 2020..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE GLOBAL ENTREPRENEURSHIP NETWORK OPERATES PROGRAMS IN 180 COUNTRIES AIMED AT MAKING IT EASIER FOR ANYONE, ANYWHERE TO START AND SCALE A BUSINESS. BY FOSTERING DEEPER CROSS-BORDER COLLABORATION BETWEEN ENTREPRENEURS, RESEARCHERS, POLICYMAKERS AND ENTREPRENEURIAL SUPPORT ORGANIZATIONS, GEN WORKS TO FUEL HEALTHIER START AND SCALE ECOSYSTEMS THAT CREATE MORE JOBS, EDUCATE INDIVIDUALS, ACCELERATE INNOVATION AND STRENGTHEN ECONOMIC GROWTH. GEN ENSURES MEMBERS HAVE UNCOMMON ACCESS TO THE MOST RELEVANT KNOWLEDGE,NETWORKS, COMMUNITIES AND PROGRAMS. A MAJOR FOCUS OF GEN'S WORK IS IN IDENTIFYING AND REMOVING BARRIERS TO ENTREPRENEURSHIP FACED BY HISTORICALLY UNDERREPRESENTED COMMUNITIES, INCLUDING ECONOMICALLY DISADVANTAGED COMMUNITIES AT RISK OF DETERIORATION LGBTQ+, WOMEN, LATINX, BLACK AND VETERANS COMMUNITIES. WITH MOST NET NEW JOBS COMING FROM FIRMS LESS THAN 5 YEARS OLD, GEN WORKS TO FOSTER MORE INCLUSIVE AND SUSTAINABLE ENTREPRENEURIAL ECOSYSTEMS THAT CAN ASSIST IN REDUCING THE BURDEN ON GOVERNMENT. |
| FORM 990, PAGE 2, PART III, LINE 4D | GLOBAL ENTREPRENEURSHIP WEEK: DIVERSITY IS A DRIVER OF INNOVATION AND ECONOMIES CANNOT MEET THEIR FULL POTENTIAL IF A NATION OR GROUP OF PEOPLE ARE UNDERREPRESENTED OR FACE STRUCTURAL BARRIERS. THE WORLD NEEDS MORE ENTREPRENEURS. IMPLEMENTED THROUGH GEW, INC., A 501CIII SUPPORT ORGANIZATION TO GEN, GLOBAL ENTREPRENEURSHIP WEEK HAS EXPANDED TO 180+ NATIONS SINCE ITS LAUNCH IN 2008 WITH OVER 20,000 PARTNER ORGANIZATIONS NOW SERVING AS GEN'S COMMUNITY-BUILDING BACKBONE. THROUGH GEW, GEN WORKS TO ENGAGE THOSE WHO HAVE TRADITIONALLY FACED BARRIERS TO ENTREPRENEURSHIP WHETHER HARD TO REACH COMMUNITIES, CUMBERSOME TRADITIONAL INSTITUTIONS OR THOSE PUSHED TO THE SIDE OR LEFT OUT BY DOMINANT COMPETITION. GEN RESEARCH: GEN RESEARCH DRIVES KNOWLEDGE CREATION EFFORTS WITHIN GEN THAT TRANSLATE RESEARCH INTO EVIDENCED BASED POLICIES AND PROGRAMS TO CREATE HEALTHIER ENTREPRENEURIAL ECOSYSTEMS AND HIGHER IMPACT ENTREPRENEURIAL SUPPORT ORGANIZATIONS. GEN RESEARCH IS INFORMED BY KNOWLEDGE PARTNERS, ADVISORS, AND GEN'S GLOBAL ENTREPRENEURSHIP RESEARCH NETWORK (GERN) ESTABLISHED IN 2013 WITH THE KAUFFMAN FOUNDATION TO BETTER UNDERSTAND AND INFORM NEW AND YOUNG FIRM FORMATION AND THE FACTORS AND ENVIRONMENTS THAT ENABLE THEM TO SUCCEED. THROUGH GEN'S KNOWLEDGE PORTAL - GEN ATLAS - GEN RESEARCH COLLECTS AND SHARES INSIGHTS FROM ITS COMMUNITIES AROUND THE WORLD ABOUT PROGRAMS AND POLICIES THAT REMOVE BARRIERS TO ENTREPRENEURSHIP, WELCOME COMMUNITIES LEFT BEHIND, AND INCREASE RATES OF NEW FIRM FORMATION WITHIN ALL ECONOMIES. GEN ACCELERATES: GEN ACCELERATES IS A CLOUD-BASED PLATFORM THAT PROVIDES CAPACITY-BUILDING PROGRAMMING TO ACCELERATE THE GROWTH OF NASCENT ENTREPRENEURS AS THEY START OR SCALE A COMPANY. IT ALSO STRENGTHENS AND GROWS LOCAL, NATIONAL AND REGIONAL ENTREPRENEURSHIP ECOSYSTEMS. GEN ACCELERATES COMBINES A VIRTUAL PLATFORM WITH PLUG-AND-PLAY CURRICULUM AND STRUCTURED MENTORSHIP FOR ENTREPRENEURS, ACCELERATORS AND ECOSYSTEM BUILDERS WITH EXPERTS IN THE FIELD AND A GLOBAL NETWORK OF IN-COUNTRY SUPPORT TO HELP ENTREPRENEURS FLOURISH EVERYWHERE. GEN POLICY: GEN POLICY BRINGS GOVERNMENTS CLOSER TO FIRM FOUNDERS AND THE ORGANIZATIONS AND ECOSYSTEMS THAT SUPPORT THEM AT ALL STAGES OF THE PUBLIC POLICY AND PROGRAM LIFECYCLE, FROM IDENTIFYING BARRIERS TO IMPLEMENTING SOLUTIONS, OFFERING OPPORTUNITIES FOR POLICY DIALOGUE AND PEER ADVICE, AND SOURCING EVIDENCE-BASED RECOMMENDATIONS THAT CAN DRIVE SMART POLICY DESIGN AND IMPLEMENTATION. SINCE 2012, GEN POLICY HAS CURATED A POLICYMAKER COMMUNITY OF PRACTICE CALLED STARTUP NATIONS. GEN POLICY WORKS WITH THESE MEMBERS IN ADVANCING POLICIES THAT REMOVE BARRIERS TO ENTREPRENEURSHIP AS WELL AS TO DOCUMENT AND PROMOTE THEIR GOVERNMENTS' INITIATIVES TO SUPPORT NEW AND YOUNG BUSINESSES IN A PORTAL - GEN ATLAS - OFFERING INVALUABLE CONTINUITY DURING GOVERNMENT TRANSITIONS. GER.CO: GLOBAL ENTERPRISE REGISTRATION'S EREGISTRATION AND EREGULATIONS PLATFORMS OFFER NATIONS WITH LARGE INFORMAL ECONOMIES NOT JUST NEW TOOLS FOR MORE EFFICIENTLY REGISTERING AND REGULATING BUSINESSES, BUT AN INNOVATIVE NEW VISION FOR HOW ENTREPRENEURSHIP CAN DRIVE CITIZENS INTO THE FORMAL ECONOMY. BY PLACING REGULATIONS ONLINE IN ONE PLATFORM WITH EREGULATIONS OR BY AUTOMATING THEM WITH EREGISTRATIONS, GER.CO OFFERS POLICYMAKERS AND ADMINISTRATORS A NEW MODEL FOR ENTREPRENEURS TO INTERACT WITH GOVERNMENT AGENCIES, COMPLY WITH ADMINISTRATIVE REGULATIONS AND IMPLEMENT REGULATORY POLICIES AND PRACTICES THAT ARE SIMPLE, QUICK AND EASY. THIS PROGRAM IS EXECUTED WITH THE UNITED NATIONS. STARTUP HUDDLE: STARTUP HUDDLE IS A PROGRAM DESIGNED TO HELP BUILD NEW STARTUP ECOSYSTEMS WHILE ONE OR TWO ENTREPRENEURS IN THAT COMMUNITY EVERY WEEK. FOUNDERS DISCOVER SOLUTIONS TO THE CHALLENGES THEY FACE THROUGH PURPOSEFUL ENGAGEMENT WITH A BROAD ARRAY OF INTERESTED VOICES FROM THEIR LOCAL COMMUNITY. THE STARTUP HUDDLE FORMAT IS CONSISTENT IN EACH LOCATION: AT A CONSISTENT MEETING PLACE, ONE OR TWO EARLY-STAGE STARTUP FOUNDERS GIVE A SIX-MINUTE PRESENTATION ABOUT THEIR COMPANY TO AN AUDIENCE OF PEERS, MENTORS, SERVICE PROVIDERS, POTENTIAL INVESTORS AND OTHERS IN THE COMMUNITY. EACH PRESENTATION IS FOLLOWED BY A 20-MINUTE QUESTION AND ANSWER SESSION WHERE THE COMMUNITY PROVIDES IDEAS, CONNECTIONS AND FEEDBACK FOR THE ENTREPRENEUR. BY PROVIDING A WEEKLY MEET UP FOR THE LOCAL ECOSYSTEM, STARTUP HUDDLE BUILDS COMMUNITY - ONE ENTREPRENEUR AT A TIME. PLATFORMS, RESOURCES AND EVENTS: GEN CONNECTS COMMUNITIES THROUGH PLATFORMS AND EVENTS. GEN CONNECT IS A COLLECTION OF VIRTUAL PLATFORMS THAT OFFER ACCESS FOR INDIVIDUALS AND ORGANIZATIONS WITHIN THE GLOBAL ENTREPRENEURSHIP NETWORK. THE PLATFORMS INCLUDE AN EVOLVING SET OF TOOLS TO HELP STRENGTHEN LOCAL ECOSYSTEM CONNECTIONS WHILE WORKING TO UNITE THEM UNDER THE BANNER OF ONE GLOBAL ECOSYSTEM - PROVIDING TRAINING AND MENTORING, NEWS UPDATES, IDENTIFYING UPCOMING EVENTS, DETAILING GEN PROGRAMS, HELPING FIND PRESENTERS THROUGH GEN'S SPEAKER BUREAU, AFFORDING THE OPPORTUNITY TO LEARN AND ENGAGE ACROSS NATIONAL BOUNDARIES. GEN ALSO OFFERS RESOURCES ON-LINE, INCLUDING GEN ATLAS, GEN'S RESEARCH PORTAL ABOUT PROGRAMS AND POLICIES THAT REMOVE BARRIERS TO ENTREPRENEURSHIP, WELCOME COMMUNITIES LEFT BEHIND, AND INCREASE RATES OF NEW FIRM FORMATION WITHIN ALL ECONOMIES. GEN ALSO PROVIDES LIVE EVENTS, INCLUDING THE GLOBAL ENTREPRENEURSHIP CONGRESS (GEC). THE GEC IS A GATHERING OF STARTUP CHAMPIONS FROM AROUND THE WORLD - WHERE ENTREPRENEURS, INVESTORS, ENTREPRENEURIAL SUPPORT ORGANIZATIONS, RESEARCHERS, THOUGHT LEADERS AND POLICYMAKERS SHARE PROGRAM AND POLICY IDEAS AND WORK TOGETHER TO BRING IDEAS TO LIFE, DRIVE ECONOMIC GROWTH AND EXPAND HUMAN WELFARE. THE CONGRESS, HOSTED IN DIFFERENT RISING ENTREPRENEURIAL CITIES EACH YEAR, FOSTERS COLLABORATION AMONG THOUSANDS OF DELEGATES FROM ABOUT 180 COUNTRIES TO DEFINE ACTION IN ADDRESSING CHALLENGES AROUND GROWING ENTREPRENEURIAL ECOSYSTEMS AND MORE EFFECTIVELY ENABLING ENTREPRENEURS EVERYWHERE. THE GEC HAS BEEN HOSTED IN KANSAS CITY, DUBAI, SHANGHAI, LIVERPOOL, RIO DE JANEIRO, MOSCOW, MILAN, MEDELLIN, JOHANNESBURG, ISTANBUL, MANAMA, AND BAHRAIN. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE DIRECTORS, PRESIDENT, TREASURER AND EXECUTIVE VICE PRESIDENT ARE PROVIDED WITH THE 990 BEFORE IT IS FILED, AND ARE ENCOURAGED TO REVIEW IT CAREFULLY. |
| FORM 990, PAGE 6, PART VI, LINE 12C | NOT ONLY HAVE THE BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES SIGNED THE CONFLICTS OF INTEREST POLICY STATING THAT THEY AGREE TO NOTIFY THE BOARD OF ANY CONFLICT OF INTEREST, BUT THEY ARE REMINDED OF THE POLICY AT EACH BOARD MEETING. FURTHERMORE, THE POINT PERSON EMPLOYEE FOR THE WHISTLEBLOWER POLICY ENCOURAGES EMPLOYEES TO DISCLOSE INFORMATION ABOUT ANY ACTIVITIES THAT MIGHT BE REVIEWED AS POTENTIAL CONFLICTS OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THERE HAVE BEEN NO REVIEWS OR ADJUSTMENTS TO SENIOR MANAGEMENT COMPENSATION. ANY FURTHER COMPENSATION REVIEWS, WHICH FALL WITHIN THE BOARD ADOPTED POLICY WILL BE LED BY AN INDEPENDENT BOARD MEMBER, WILL NOT INVOLVE THE PERSON CONCERNED, AND WILL BE BASED ON CONTEMPORANEOUS COMPARABILITY DATA. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THERE HAVE BEEN NO REVIEWS OR ADJUSTMENTS TO SENIOR MANAGEMENT COMPENSATION. ANY FURTHER COMPENSATION REVIEWS, WHICH FALL WITHIN THE BOARD ADOPTED POLICY WILL BE LED BY AN INDEPENDENT BOARD MEMBER, WILL NOT INVOLVE THE PERSON CONCERNED, AND WILL BE BASED ON CONTEMPORANEOUS COMPARABILITY DATA. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION'S MAIN GOVERNING DOCUMENTS, INCLUDING ITS POLICIES AND FINANCIAL STATEMENTS, ARE MADE AVAILABLE FOR INSPECTION AT THE OFFICES OF THE GEN BY THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONSULTANTS 985,739 0 0 PAYROLL PROCESSING FEES 0 2,020 0 TOTAL 985,739 2,020 0 |
| Software ID: | |
| Software Version: |