The Global Development Incubator Inc
The Global Development Incubator, inc. (GDI) provides strategic, operational, programmatic, and implementation support services to build startups and partnerships driving social impact around the world.
The Global Development Incubator Inc at a glance
In short: The Global Development Incubator Inc gave $12.9M across 3 grants in 2024 (avg $4.3M), mostly in District of Columbia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $12,892,426
- +35.7% vs 2023
- Grants made (2024)
- 3
- -50.0% vs 2023
- Average grant
- $4,297,475
- +171.5% vs 2023
- Median grant
- $124,178
- Total assets
- $16,590,151
- -2.9% vs 2023
- Primary geography
- District of Columbia (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Global Development Incubator Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Aceli Africa Inc ($12.7M). Together the top 3 received $12.9M.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 8 grants of 29 (28%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How The Global Development Incubator Inc gives
- Giving grew 794% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.4M (2021) to $12.9M (2024). In 2024 it made 3 grants totaling $12.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Aceli Africa Inc Washington, DC | Agriculture, Research & Education | $12,731,616 |
| GDI Solutions Inc Washington, DC | Research & Climate Change | $124,178 |
| Alliance for Global Water Adaptation Inc Corvallis, OR | Research & Climate Change | $36,632 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $16,590,151 | $21,516,058 | $21,550,781 | $12,892,426 | 3 | $615,575 |
| 2023 | $17,090,052 | $16,985,488 | $18,649,961 | $9,497,867 | 6 | $794,370 |
| 2022 | $23,333,318 | $19,720,293 | $14,050,189 | $6,623,754 | 6 | $43,036 |
| 2021 | $19,206,818 | $12,212,974 | $11,523,810 | $1,442,248 | 4 | $1 |
| 2020 | $12,937,597 | $13,078,400 | $14,518,923 | $2,026,979 | 10 | $2,599 |
About The Global Development Incubator Inc
Based on IRS filings
The Global Development Incubator Inc is a public charity focused on International, Foreign Affairs & National Security, based in Washington, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.6M in total assets. In 2024, it awarded 3 grants totaling $12.9M. Net investment income was $616K.
Leadership & Key People
Officers and directors from IRS filings
The Global Development Incubator Inc is led by Andrew Stern, CEO on every filing since 2020; 8 of 15 officers listed in 2024 are compensated.
Officers on the 2024 filing
Andrew Stern
CEO
On filings since 2020
30 hrs/week
$144K (2020) → $218K (2024)
Jason Wendle
Director
On filings since 2020
40 hrs/week
$182K (2020) → $234K (2024)
Jessica Harrison Fullerton
Director
On filings since 2023
40 hrs/week
$177K (2023) → $201K (2024)
Gretchen Phillips
Board Director
On filings since 2020
2 hrs/week
No compensation reported
Brian Trelstad
Board Director
Board Director - Started → Board Director, 2022
On filings since 2021
2 hrs/week
No compensation reported
Elchi Nowrojee
Board Director
On filings since 2021
2 hrs/week
No compensation reported
Ernest Darkoh
Board Director
On filings since 2023
2 hrs/week
No compensation reported
Grant Gordon
Board Director
On filings since 2023
2 hrs/week
No compensation reported
Ylva Lindberg
Board Director
On filings since 2023
2 hrs/week
No compensation reported
Amanda Glassman
Board Director
New on the 2024 filing
2 hrs/week
No compensation reported
Elizabeth Vanderwoude
CFO & Treasurer
Financial Director → CFO & Treasurer, 2021
On filings since 2020
18 hrs/week
$141K (2020) → $204K (2024)
Chintan Maru
Secretary
Director → Secretary, 2022
On filings since 2021
40 hrs/week
$175K (2021) → $225K (2024)
Joanne Edelman
Associate Director
Senior Manager → Associate Director, 2024
On filings since 2022
40 hrs/week
$116K (2022) → $145K (2024)
Steven Bergen
Associate Director
On filings since 2022
30 hrs/week
$141K (2022) → $162K (2024)
William Symington
Associate Director
On filings since 2023
40 hrs/week
$150K (2023) → $158K (2024)
Former officers (11)
- Former: Bethlehem Shiferaw (2020–2023) — Board Director -
- Former: Brian Milder Director Gdi - (2023)
- Former: Brian Milder (2020–2022) — Director
- Former: Stuart Symington (2022) — Senior Manager
- Former: Craig Courtney (2020–2021) — Director
- Former: Daniel Zook (2020–2021) — Director
- Former: Darin Kingston (2020–2021) — Secretary
- Former: Nazanin Ash (2020–2021) — Board Director
- Former: Shashi Buluswar (2020–2021) — Board Director -
- Former: Elche Nowroji (2020) — Board Director
- Former: Moitreyee Sinha (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $234K, to Jason Wendle (Director). 8 officers or directors reported compensation on that filing.
Frequently asked questions about The Global Development Incubator Inc
How much does The Global Development Incubator Inc give each year?
The Global Development Incubator Inc gave $12.9M across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $9.5M across 6 grants.
What is The Global Development Incubator Inc's typical grant size?
The Global Development Incubator Inc's median grant in 2024 was $124,178, and its average grant was $4,297,475, across 3 grants on its 2024 IRS Form 990.
Where does The Global Development Incubator Inc give grants?
The Global Development Incubator Inc gives mostly in District of Columbia: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Washington, DC (2 grants).
Does The Global Development Incubator Inc give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on The Global Development Incubator Inc's 2024 IRS Form 990 were described as general or operating support.
How large is The Global Development Incubator Inc?
The Global Development Incubator Inc reported $16.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $21.5M.
What is The Global Development Incubator Inc?
The Global Development Incubator Inc is a public charity focused on International, Foreign Affairs & National Security, based in Washington, DC. It holds $16.6M in total assets as of 2024.
What is The Global Development Incubator Inc's EIN?
The Global Development Incubator Inc's EIN (Employer Identification Number) is 14-1945286. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 8, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 8, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 6, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 29, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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