2020: Our Year in Review
OUR WORK
Stories of Programs in Action
Artisanal Mining Initiative Strengthens Sustainable Supply Chain in Democratic Republic of the Congo
The Commercially Viable Conflict-Free Gold Project consortium, led by Global Communities, works across all major nodes of the artisanal and small-scale mining (ASM) gold supply chain, addressing barriers to sustainability and scalability of a legitimate ASM supply chain.
Egypt Loan Guaranty Program and Women's Business Training Succeeds during Pandemic
In February 2020, CHF Egypt's Women in Business Capacity Building Training Initiative had made an energetic start for the year, with more than 2,000 graduates from its financial and banking workshops held all over the country. Then, the COVID-19 pandemic hit Egypt as suddenly and unexpectedly as it did the rest of the world.
An Innovative Public-Private Partnership Supporting Zambian Farmers
The Zambia Emerging Farmers Partnership is providing support to 10,000 emerging farmers to help increase their productivity, incomes and sustainable farming practices. The project will leverage more than $37 million in loans for inputs and equipment.
Humanitarian Assistance Meets the Challenges of the COVID-19 Pandemic
The very real risk of the rapid spread of COVID-19 complicated already challenging situations for internally displaced persons (IDPs) in Syria and Yemen. Global Communities quickly pivoted programs to ensure the disruption to existing aid was minimal and IDPs received timely COVID-19 awareness and prevention messages.
Providing Critical Assistance following Hurricanes in Central America
After back-to-back hurricanes struck Central America in 2020, Global Communities and PCI, a Global Communities Partner, launched an integrated multi-sector response in the region to help those most affected by severe flooding, landslides and extensive damage to infrastructure and homes.
Pandemic Adaptation for Healthy Communities in Ukraine
In the early days of the pandemic, Global Communities acted quickly to support local partners in Ukraine as they worked to meet new needs. This included providing technical assistance and guidance to local governments on how to minimize the spread of infection and assist medical institutions with best practices.
Mainstreaming and Expanding Youth Local Councils Around the World
In 2020, Youth Local Councils (YLCs) in Palestine, developed by Global Communities, agreed to launch an organization supported by a social enterprise model to bring all YLCs within one network. The result is Shiam - Youth Make the Future.
IMPACT NUMBERS
Global Successes in 2020
FINANCIALS
Fiscal Year 2020 At A Glance
FY20
FY19
Revenue
175.3
184.8
Expenses
194.3
167.8
Year End Operating Results*
-20.097
12.591
Change in Net Assets
-19
17.0
Less Change in With Donor Restrictions
1.1
4.4
Total Net Assets
166.2
168.4
Without Donor Restrictions
137.7
141.0
With Donor Restrictions*
28.5
27.4
Liquidity/Current Ratio
2.3
3.0
Program Services & Program Support*
57%
55%
Capital Assistance
30%
32%
Management & General
13%
13%
For the periods ending: Sept. 30, 2020 & Sept. 30, 2019.
Revenue, Expenses, Year End Operating Results and Net Assets are presented in Millions.
Total: $175,288,425
Total: $194,318,020
PARTNERS
Our Partners for Good in 2020
Global Communities aligns the interests of businesses and communities to achieve sustainable results. For more than 15 years, we have facilitated partnerships that demonstrate mutual strategic benefits:
- Strategizing with corporate partners to reinforce stakeholder engagement, while improving the ability of communities to be more self-sufficient and advocate for their needs.
- Building employee morale and teamwork through volunteerism, while helping communities capitalize on our corporate partners' technical expertise and catalyze local capacity.
- Identifying labor market skill gaps and potential target markets for corporate partners, while delivering improved workforce training and creating job opportunities for vulnerable youth.
We promote effective stakeholder collaboration and learning to increase the scale and impact of our shared initiatives. Through collaboration and knowledge sharing, we develop new solutions to grow sustainable companies and communities.
