2025-02-17T08:59:18-05:00 2024-03-31 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 2100 ATLANTA GA 30363 990 2023-04-01 371552838 GSMA MOBILE FOR DEVELOPMENT FOUNDATION INC % LORENA FERRO GSMA 6782816600 165 OTTLEY DR NE 203 ATLANTA GA 30324 Louise Easterbrook Treasurer 6782816600 2025-02-15 true true MARC A AZAR P91739349 4048746244 2025-02-15 2023 2025-03-06 01:10:19Z John Giusti 165 OTTLEY DR NE 203 ATLANTA GA 30324 20754435 false X N/A X 2007 GA THE FOUNDATION WAS CREATED FOR THE PURPOSE OF DEVELOPING & ENGAGING IN PROJECTS THAT UTILIZE MOBILE COMMUNICATIONS TO RELIEVE THE POOR, DISTRESSED, AND UNDERPRIVILEGED. 8 2 0 5 0 19880506 20551616 0 0 0 0 0 202819 19880506 20754435 3065528 2749809 0 0 8969294 9977613 0 0 125034 7753109 7534077 19787931 20261499 92575 492936 13223842 10719698 11291754 8522478 1932088 2197220 X GSMA MOBILE FOR DEVELOPMENT FOUNDATION, INC WAS CREATED FOR THE PURPOSE OF DEVELOPING AND ENGAGING IN PROJECTS THAT UTILIZE MOBILE COMMUNICATIONS TO RELIEVE THE POOR, THE DISTRESSED, AND THE UNDER-PRIVILEGED. false false 5801548 2749809 Ecosystem Accelerator (GSMA Innovation Fund): Our mission is to build synergies between start-ups and mobile operators, with the aim to scale innovative and sustainable mobile services in emerging markets. Despite an increasing number of mobile products and services in emerging markets, reaching scale is still a challenge for most. The GSMA Ecosystem Accelerator works to bridge the gap between operators and innovators, enabling strong partnerships that support the growth of commercially sustainable mobile products and services. By opening the dialogue between innovators and operators, the programme helps operators contribute their assets and expertise to the most promising ideas. This will in turn support innovators to secure the funding and direction they require in order to bring their products and services to scale. In fostering these partnerships, we can bring the most impactful mobile solutions to the people and places that need them most, generating the greatest socio-economic impact. 2779132 Mobile Money Programme: Accelerating the mobile money ecosystem for the underserved Our mission is to support our members and industry stakeholders to increase the utility and sustainability of mobile money services and increase financial inclusion. Two billion people remain unbanked, without access to safe, secure and affordable financial services. The GSMA Mobile Money Programme is working with mobile operators and industry stakeholders to create a robust mobile money ecosystem, which will increase the relevancy and utility of these services, and ensure their sustainability. To truly transform the financial lives of underserved people, mobile money must become a central monetisation mechanism, universally available across a greater range of digital transactions. By making mobile money more central to the financial lives of these users, greater financial inclusion, economic empowerment and economic growth can be achieved. 2517350 Mobile for Humanitarian's mission is to accelerate the delivery and impact of digital humanitarian assistance: We aim to reach 7 million people with improved access to and use of life-enhancing mobile-enabled services during humanitarian and disaster preparedness, response and recovery by 2021. The GSMA Mobile for Humanitarian Innovation (M4H) programme marks an evolution and expansion of the GSMA's disaster response work. The programme is supported by the UK Foreign, Commonwealth and Development Office (FCDO). The mobile industry continues to grow its engagement and investment in partnerships and solutions that will deliver a digital humanitarian future. Over 156 mobile operators have committed to the GSMA Humanitarian Connectivity Charter, an initiative which strengthens the resilience, preparedness and response capability of connectivity systems in over 108 countries. This research aims to provide evidence to help MNOs make informed decisions about engaging in partnerships with humanitarian organizations, and to help humanitarian actors better understand their MNO partners and build successful long-term partnerships. 1873514 Connected Women 1507248 M4D Initiatives 1216643 Connected Society 1179249 AgriTech 1106486 ClimateTech 779325 Digital Utilities 146527 Foundation Youth Mobile & Tech4Girls 7808992 18907022 true true false false false false false false false false false false false false false true true true false true true true false false false false false false false true false false false false false false false false false false false false false true false true false true 9 0 true 0 false true UK false false false false false false false false false false X 8 2 true false true false true true true true true false false false true true true true true true true false GA X LORENA FERRO 6782816616 165 OTTLEY DR NE STE 203 ATLANTA GA 30324 X Mats Granryd Director General 2.0 40.0 X X 0 2082863 0 Louise Easterbrook Chief Financial Officer 2.0 40.0 X X 0 1125444 0 John Giusti Board of Directors 2.0 40.0 X X 0 945345 1113 Oonagh Stein Finance Director 2.0 40.0 X 0 363455 32348 Monique Cormier General Counsel 2.0 40.0 X 0 367048 10800 Max Cuvellier Head of Mobile for Development 40.0 0.0 X 264610 0 0 Claire Sibthorpe Head of Connected Women 40.0 0.0 X 222895 0 28123 Philippe Bellordre Head of Programme Delivery - A 40.0 0.0 X 212228 0 25511 Kimberly Brown Head of the Mobile for Humanan 40.0 0.0 X 210114 0 25802 Ashley Olson Onyango Head of Financial Inclusion an 40.0 0.0 X 209145 0 18626 Lorena Ferro Head of Finance & Compliance 40.0 0.0 X 187231 0 3462 Akanksa Sharma Head of the ClimateTech 40.0 0.0 X 179213 0 9232 Bart-Jan Pors Senior Director - Mobile Money 40.0 0.0 X 167346 0 9223 Daniele Tricarico Senior Director - Central Insi 40.0 0.0 X 150974 0 7654 Elizabeth Bookout Head of Subgrants Compliance 40.0 0.0 X 143113 0 5760 Sigve Brekke Board of Directors 2.0 0.0 X 0 0 0 Kaan Terzioglu Board of Directors 2.0 0.0 X 0 0 0 JENS SHULTE-BOCKEM BOARD OF DIRECTORS 2.0 0.0 X 0 0 0 DR LISA HEHENBERGER BOARD OF DIRECTORS 2.0 0.0 X 0 0 0 Akinwale Goodluck Board of Directors 2.0 0.0 X 0 0 0 1946869 4884155 177654 10 false true false PROJECT PEOPLE WHITEFRIARS LEWINS MEAD BRISTOL AVON UK BS1 2NT CONTRACTORS- STAFF 988567 Ipsos Mori UK Limited 3 THOMAS MORE SQUARE LONDON 0 UK E1W 1YW Research 770824 ALTAI CONSULTING 43 RUE LA FAYETTE PARIS 0 FR 75009 CONSULTANT RESEARCH 438876 Palladium International Limited 100 BUNHILL ROW LONDON 0 UK EC1Y 8ND Consulting 439479 Stichting BoP Innovation Center-Bio ARTHUR VAN SCHENDELSTRAAT 500 UTRECHT 0 NL 3511 MH Research Consulting 252699 14 15379380 5172236 20551616 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FOREIGN EXCHANGE GAIN/LOSS ADJUSTMENT 202819 202819 202819 20754435 202819 X 0 0 2749809 2749809 0 1271432 1271432 0 7403103 6505516 800267 97320 484243 443290 31158 9795 0 818835 730865 87970 0 124817 12880 111937 90027 31510 58517 0 0 0 5361659 5340758 20901 716204 716204 0 53598 29814 23784 0 0 849444 745820 87609 16015 0 328809 328809 0 0 0 0 BANK FEES 9519 315 7300 1904 20261499 18907022 1229443 125034 10464918 10424804 0 0 2746284 268234 12640 26660 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13223842 10719698 8819926 4724556 0 0 2471828 3797922 0 0 0 0 0 0 0 0 0 0 0 0 11291754 8522478 X 1932088 2197220 0 0 1932088 2197220 13223842 10719698 X 492936 -227804 X false true X true false X X 1 GSM ASSOCIATION 980506316 10 true 18907022 0 1 18907022 true false true true true true true true false false false false false false false false false false false true false PART IV, SECTION A, LINE 3B Officers and directors of the foundation have seen and reviewed the GSM Association's determination letter from the IRS that it has been recognized as an organization described by Section 501(C)(6) of the Internal Revenue Code. At the Foundation's request, the GSM Association prepared a pro forma Schedule A, Part III during the taxable year and provided a copy to the Foundation. PART IV, SECTION A, LINE 3C THE FOUNDATION HAS IMPLEMENTED A PROGRAM MANAGEMENT PROCESS TO ASSURE THAT THE SUPPORT PROVIDED TO THE GSM ASSOCIATION IS USED ONLY FOR SECTION 170(C)(2)(B) PURPOSES. AS PART OF THAT PROCESS, THERE ARE REGULAR AND CONTINUOUS DISCUSSIONS BETWEEN FOUNDATION PERSONNEL AND THE GSM ASSOCIATION PERSONNEL RESPONSIBLE FOR MANAGING THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PROGRAMS CONDUCTED DIRECTLY BY THE GSM ASSOCIATION. THAT REGULAR WORKING RELATIONSHIP WITH THOSE GSMA ASSOCIATION PERSONNEL ALLOWS THE FOUNDATION PERSONNEL TO ASSURE THEMSELVES THAT EACH PROGRAM TO BE SUPPORTED BY THE FOUNDATION EXCLUSIVELY FURTHERS SECTION 170(C)(2)(B) PURPOSES. The Foundation's programs support GSM Association's mission. PART IV, SECTION A, LINE 4B THE FOUNDATION HAS ULTIMATE CONTROL OVER DECISIONS REGARDING ALL GRANTS. If the foundation were to make a grant to the GSM Association, the Foundation would retain ultimate control over those decisions. The foundation currently does not have any plans to provide any grant funding to the GSM Association. PART IV, SECTION A, LINE 4C SEE RESPONSE TO PART IV, SECTION A, LINE 3C. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 22322607 1795976 1795976 20526631 227804 227804 20754435 22057475 1795976 1795976 20261499 20261499 Schedule D, Part X, Line 2 GSMA MOBILE FOR DEVELOPMENT FOUNDATION, INC. DEVELOPS AND ENGAGES IN PROJECTS THAT ADVANCE CHARITABLE, EDUCATIONAL, LITERARY, OR SCIENTIFIC PURPOSE, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND IS EXEMPT FROM FEDERAL INCOME TAX AS A FOUNDATION DESCRIBED BY SECTION 501(C)(3), AND IS EXEMPT FROM STATE INCOME TAX UNDER SIMILAR PROVISIONS OF THE GEORGIA STATUTES. SPECIFICALLY, THE FOUNDATION WAS CREATED FOR THE PURPOSE OF DEVELOPING AND ENGAGING THE PROJECTS THAT UTILIZE MOBILE COMMUNICATIONS TO RELIEVE THE POOR, THE DISTRESSED OR THE UNDER PRIVILEGE. THE FOUNDATION DID NOT HAVE INCOME UNRELATED TO ITS EXEMPT PURPOSE DURING THE YEARS ENDED MARCH 31, 2024 AND 2023. THE FOUNDATION ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE FOUNDATION TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE ASC TOPIC 740, INCOME TAXES, OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB). THE FOUNDATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT. IN THE NORMAL COURSE OF BUSINESS, THE FOUNDATION IS SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES. IN GENERAL, THE FOUNDATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR THE TAX YEARS ENDED BEFORE MARCH 31, 2021. SCHEDULE D, PART XI, LINE 4B FOREIGN EXCHANGE GAIN/LOSS - 227,804 true Sub-Saharan Africa Grantmaking 1552053 South Asia Grantmaking 1013200 Europe (Including Iceland and Greenland) Grantmaking 148717 East Asia and the Pacific Grantmaking 35839 2749809 2749809 South Asia Ecosystem Accelerator 52750 WIRE South Asia Ecosystem Accelerator 55323 WIRE Sub-Saharan Africa Ecosystem Accelerator 51336 WIRE Sub-Saharan Africa Ecosystem Accelerator 111842 WIRE Sub-Saharan Africa Ecosystem Accelerator 66368 WIRE Sub-Saharan Africa Ecosystem Accelerator 54663 WIRE South Asia Ecosystem Accelerator 33780 WIRE South Asia Ecosystem Accelerator 61590 WIRE East Asia and the Pacific Ecosystem Accelerator 35839 WIRE Sub-Saharan Africa Ecosystem Accelerator 103752 wire Sub-Saharan Africa Ecosystem Accelerator 92956 WIRE South Asia Ecosystem Accelerator 124018 WIRE South Asia Ecosystem Accelerator 58190 WIRE Sub-Saharan Africa Ecosystem Accelerator 128137 WIRE Sub-Saharan Africa Ecosystem Accelerator 115148 WIRE Sub-Saharan Africa Ecosystem Accelerator 88445 WIRE Sub-Saharan Africa Ecosystem Accelerator 138909 WIRE Sub-Saharan Africa Ecosystem Accelerator 110269 WIRE Sub-Saharan Africa Ecosystem Accelerator 84739 WIRE Sub-Saharan Africa Ecosystem Accelerator 84130 WIRE South Asia Ecosystem Accelerator 122913 WIRE Europe (Including Iceland and Greenland) Ecosystem Accelerator 60666 wire South Asia Ecosystem Accelerator 28423 WIRE Sub-Saharan Africa Ecosystem Accelerator 42581 wire South Asia Ecosystem Accelerator 71687 Wire Sub-Saharan Africa Ecosystem Accelerator 46449 Wire South Asia Ecosystem Accelerator 20405 Wire Sub-Saharan Africa Ecosystem Accelerator 42938 Wire South Asia Ecosystem Accelerator 28273 Wire South Asia Ecosystem Accelerator 25265 Wire South Asia Ecosystem Accelerator 50429 Wire Europe (Including Iceland and Greenland) Ecosystem Accelerator 40664 Wire Sub-Saharan Africa Ecosystem Accelerator 49132 Wire South Asia Ecosystem Accelerator 72728 Wire South Asia Ecosystem Accelerator 31514 Wire Sub-Saharan Africa Ecosystem Accelerator 44435 Wire Sub-Saharan Africa Ecosystem Accelerator 93300 Wire Europe (Including Iceland and Greenland) Ecosystem Accelerator 47387 Wire Sub-Saharan Africa Ecosystem Accelerator 48628 Wire Sub-Saharan Africa Ecosystem Accelerator 38027 Wire South Asia Ecosystem Accelerator 91780 WIRE 41 false false false false false false SCHEDULE F, PART I, LINE 2 The Foundation keeps a close monitoring of all sub-grants directly and through a Fund Manager. This monitoring includes periodic visits, quarterly financial and project progress report and monthly meetings with the sub-grantees in order to ensure the project is going as expected and funds are being spent accordingly with the sub-grant agreement. SCHEDULE F, PARTS I & II All grantee organizations received payments from the foundation in GBP and are translated to USD and reported on Schedule F, Parts I and II. X X X false false false false false false false true false Mats Granryd Director General 639282 926958 516623 0 0 2082863 0 Louise Easterbrook Chief Financial Officer 394170 683974 47300 0 0 1125444 0 Monique Cormier General Counsel 281753 84662 633 10800 0 377848 0 Claire Sibthorpe Head of Connected Women 180468 42427 0 28123 0 251018 0 Ashley Olson Onyango Head of Financial Inclusion an 169329 39816 0 18626 0 227771 0 Philippe Bellordre Head of Programme Delivery - A 169998 42230 0 25511 0 237739 0 John Giusti Board of Directors 340709 567158 37478 1113 0 946458 0 Kimberly Brown Head of the Mobile for Humanan 170120 39994 0 25802 0 235916 0 Lorena Ferro Head of Finance & Compliance 147724 39507 0 3462 0 190693 0 Bart-Jan Pors Senior Director - Mobile Money 146786 20560 0 9223 0 176569 0 Akanksa Sharma Head of the ClimateTech 153870 25343 0 9232 0 188445 0 Daniele Tricarico Senior Director - Central Insi 127576 23398 0 7654 0 158628 0 Oonagh Stein Finance Director 270183 93272 0 32348 0 395803 0 Max Cuvellier Head of Mobile for Development 264610 0 0 0 0 264610 0 PART I, LINE 7 EMPLOYEES OF THE ORGANIZATION RECEIVED NON-FIXED BONUSES, PAID THROUGH A RELATED ORGANIZATION, OF WHICH THERE IS A COMMON PAYMASTER. Part VI, Line 2 Three directors or Officers of the company, John Guisti, Louise Easterbrook and Mats Granryd share a business relationship during the tax year. Part VI, Line 4 During the fiscal year, the Board of Directors of the GSMA Mobile for Development Foundation, Inc. engaged in a self-assessment process that resulted in several improvements to its governance. These changes included the following: (i) creation of three classes of directors with staggered terms; (ii) adoption of term limits for Board members; (iii) creation of officer positions for the "Head of Mobile Development"Finance Director;(iv) clarification of the process for the election of the Board chair. Part VI, Line 6 The Company is a nonprofit corporation formed under Georgia law. Its sole member is the GSM Association, acting through its United States branch office. Part VI, Line 7a GSM Association, as the sole member of the Foundation, has the power to appoint the Foundation's directors. Part VI, Line 7b The Company's annual operating budget is subject to approval by the Board Members and of the sole member, GSM Association. Part VI, Line 11b THE 990 IS REVIEWED BY SENIOR MEMBERS OF THE MANAGEMENT TEAM. Part VI, Line 12c Directors and officers are required to execute annual written certifications of compliance with the conflict of interest policy. Any exceptions must be disclosed and reviewed by the organization. Part VI, Lines 15a & 15b The sole member's human resources staff performs benchmarking studies to determine all officer compensation packages. These studies utilize external data on each element of the packages including base salary, incentive compensation, and benefit programs. The sole member's company CFO submits the compensation package to the group's compensation committee, and they review and approve the package. Part VI, Line 19 The company maintains public disclosure copies of its governing documents, conflict of interest policy and financial statements at its principal office. These copies are available upon request in electronic form. Part VII, Reportable Compensation GSMA Mobile for development foundation, Inc is a common paymaster with GSMA LTD and GSM Association. The portion paid back to each of the organizations for the Foundation's officers, key employees, and highest compensated employees are reported in column D in part VII accordingly. Part XI, Line 9 Unrealized Foreign Translation Adjustments: 227,804 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING AND PROFESSIONAL SE TOTAL FEES:4369362 FORM 990 PART IX LINE 11G DESCRIPTION:INDEPENDENT CONTRACTORS TOTAL FEES:897836 FORM 990 PART IX LINE 11G DESCRIPTION:MEMBERSHIPS AND SUBSCRIPTIONS TOTAL FEES:76425 FORM 990 PART IX LINE 11G DESCRIPTION:TAX ADVISORY TOTAL FEES:17465 FORM 990 PART IX LINE 11G DESCRIPTION:TRANSLATION SERVICES TOTAL FEES:571 GSM Association FLOOR 2 WALBROOK WALBROOK BLDG london UK EC4N 8AF 980506316 Trade Assoc. UK 501(c)(6) NA GSMA Limited 165 OTTLEY DR NE STE 203 ATLANTA GA 30324 204991061 trade assoc. GA 501(c)(6) NA GSMA SERVICES LLC 165 OTTLEY DR SUITE 203 ATLANTA GA 30324 365008209 TRADE ASSOC. DE 501(C)(6) NA false GSMA VENTURES LLC 165 OTTLEY DR SUITE 203 ATLANTA GA 30324 384206894 TRADE ASSOC. DE 501(C)(6) NA false GSMA SERVICES INDIA PRIVATE LIMITED LEV 1 PARSVNATH TOWER BHAI VEER SINGH MARG NEW DELHI IN 110001 DIGITAL ADVOC IN GSM ASSOCIATION c corp 1438929 826151 1.00000 false GSMA SRL Av Del Libertador 6810 FL 15 Buenos Aires AR C1429BMO DIGITAL ADVOC AR GSM ASSOCIATION C CORP 3868255 422275 1.00000 false false false false true true false false false false false false false false true true true true false false GSM Association O 8944089 COST GSM Association P 127851 COST GSM Association D 6737215 COST GSMA Limited Q 1308249 COST GSMA Limited D 1442790 COST GSMA SERVICES LLC E 188812 COST GSMA SERVICES LLC P 191728 COST