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The Global Development Incubator Inc

Foundation · Grantmaker Washington, DC EIN: 14-1945286 Website

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.

Key facts about The Global Development Incubator Inc

EIN
14-1945286
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$12,892,426
Grants made (2024)
3
Average grant
$4,297,475
Median grant
$124,178
Total assets
$16,590,151
Primary geography
District of Columbia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Global Development Incubator Inc funds

By grant dollars, the top recipient states for The Global Development Incubator Inc's 3 itemized 2024 grants were District of Columbia (100%). The most frequent recipient cities were Washington, DC (2 grants). None of its 3 grants with a stated purpose were described as general or operating support.

How The Global Development Incubator Inc gives

  • Giving grew 794% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.6M

-2.9% YoY

Annual Giving

$12.9M

+35.7% YoY

Grant Count

3

-50.0% YoY

Avg Grant Size

$4.3M

+171.5% YoY

About The Global Development Incubator Inc

Based on IRS filings

The Global Development Incubator Inc is a nonprofit organization 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 3 itemized 2024 grant dollars.

Cities

WashingtonNew YorkSacramentoCorvallisSeattleBostonChevy Chase

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$12M$18M$24M20202021202220232024
Metric202420232022
Total Assets$16,590,151$17,090,052$23,333,318
Revenue$21,516,058$16,985,488$19,720,293
Expenses$21,550,781$18,649,961$14,050,189
Qualifying Distributions———
Net Investment Income$615,575$794,370$43,036
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$10M$13M10 grants20204 grants20210 grants20226 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Aceli Africa Inc: $12.7MAceli Africa Inc$12.7MGdi Solutions Inc: $124KGdi Solutions Inc$124KAlliance for Global Water Adaptation Inc: $37KAlliance for Global WaterAdaptation Inc$37K

Grant Size Distribution

23 grants across all recorded years

8<$50K2$50–100K3$100–250K5$250–500K2$500K–1M1$1–5M2$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Aceli Africa Inc ($12,731,616), Gdi Solutions Inc ($124,178), Alliance for Global Water Adaptation Inc ($36,632).

RecipientPurposeAmount
ACELI AFRICA INC Washington, DCAGRICULTURE, RESEARCH & EDUCATION$12,731,616
GDI SOLUTIONS INC Washington, DCRESEARCH & CLIMATE CHANGE$124,178
ALLIANCE FOR GLOBAL WATER ADAPTATION INC Corvallis, ORRESEARCH & CLIMATE CHANGE$36,632

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Jason Wendle — Director: $234KJason WendleDirector$234KChintan Maru — Secretary: $225KChintan MaruSecretary$225KAndrew Stern — CEO: $218KAndrew SternCEO$218KElizabeth Vanderwoude — CFO/Treasurer: $204KElizabeth VanderwoudeCFO/Treasurer$204KJessica Harrison Fullerton — Director: $201KJessica Harrison…Director$201KSteven Bergen — Associate Director: $162KSteven BergenAssociate Director$162KWilliam Symington — Associate Director: $158KWilliam SymingtonAssociate Director$158KJoanne Edelman — Associate Director: $145KJoanne EdelmanAssociate Director$145K

From 2024 IRS filing

NameTitleHoursCompensation
Ernest DarkohBoard Director2—
Amanda GlassmanBoard Director2—
Grant GordonBoard Director2—
Ylva LindbergBoard Director2—
Elchi NowrojeeBoard Director2—
Gretchen PhillipsBoard Director2—
Brian TrelstadBoard Director2—
Andrew SternCEO30$218,063
Chintan MaruSecretary40$225,382
Elizabeth VanderwoudeCFO/Treasurer18$203,936
Jason WendleDirector40$233,645
Jessica Harrison FullertonDirector40$201,389
Steven BergenAssociate Director30$162,305
Joanne EdelmanAssociate Director40$144,909
William SymingtonAssociate Director40$158,185

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Global Development Incubator Inc?

The Global Development Incubator Inc is a nonprofit organization focused on International, Foreign Affairs & National Security, based in Washington, DC. It holds $16.6M in total assets as of 2024.

How large is The Global Development Incubator Inc?

As of 2024, The Global Development Incubator Inc holds $16.6M in total assets with $21.5M in annual revenue. It awarded 3 grants totaling $12.9M in 2024.

Where does The Global Development Incubator Inc operate?

The Global Development Incubator Inc has awarded grants in California, District of Columbia, Massachusetts, Maryland, New York, Oregon, Washington.

What size grants does The Global Development Incubator Inc award?

In 2024, The Global Development Incubator Inc awarded 3 grants totaling $12.9M — an average of about $4.3M per grant, based on its IRS Form 990 filings.

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.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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