The Global Development Incubator Inc

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.

Financial Overview

From 2024 IRS Form 990-PF

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

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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

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$12.7MGDI SOLUTIONS INC$124KALLIANCE FOR GLOBAL WATE…$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

No grants recorded for .

Who else does The Global Development Incubator Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JASON WENDLEDIRECTOR$234KCHINTAN MARUSECRETARY$225KANDREW STERNCEO$218KELIZABETH VANDERWOUDECFO/TREASURER$204KJESSICA HARRISON FUL…DIRECTOR$201KSTEVEN BERGENASSOCIATE DIRECTOR$162KWILLIAM SYMINGTONASSOCIATE DIRECTOR$158KJOANNE EDELMANASSOCIATE DIRECTOR$145K

From 2024 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

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

7states

Cities

BostonChevy ChaseCorvallisNew YorkSacramentoSeattleWashington

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

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