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Global Partnerships 

Description

Founded in 1994, Global Partnerships (GP) is a nonprofit impact investor. We pioneer and invest in sustainable solutions that help impoverished people in Latin America and the Caribbean earn a living and improve their lives. Our investments are focused around 4 impact areas: health services, rural livelihoods, green technology and microentrepreneurship. To accomplish our mission, we invest in and work with social enterprises (SE's) including microfinance institutions and cooperatives.
Mission Statement
Global Partnerships expands opportunity for people living in poverty.
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Global Partnerships
1932 1st Ave Ste 400 
Seattle 
WA
98101 
(206) 652-8773 

Jason Henning 
VP, Investor & Donor Relations 

Programs

Global Partnerships Programs

We invest financing and technical assistance into social enterprises who provide services that can greatly expand opportunities for people living in poverty. We select SE’s based in part on their alignment with one or more of our impact areas. Three of our impact areas include:

Health Services: By investing in initiatives in health education and screening as well as primary care and essential medicines, our investments in social enterprises help improve overall family health, which leads to greater economic opportunity. We now invest in nearly 20 social enterprises that offer some combination of health services in addition to financial services.

Green Technology: In many parts of the world, the only source of light is a single kerosene lantern that emits dirty, toxic fumes. We are investing in social enterprises that can deliver affordable solar products to remote, rural families. This extends their workday and study time and improves their overall health. This is our newest initiative, begun less than 1 year ago.

Rural Livelihoods: Smallholder farmers often lack access to technical assistance on the best crop-growing practices as well as working capital and access to commercial markets. We invest in partners that can provide these important services that will help smallholder farmers improve their livelihoods. We currently invest in 16 social enterprises providing a combination of technical assistance, access to commercial markets and working capital.

Recent Successes and Current Challenges

Global Partnerships’ (GP’s) investment in its partner COMIXMUL’s community pharmacy program now enables over 7,000 women, many of whom live in poor, rural areas, to access essential medications at affordable prices. What’s remarkable is that the program has demonstrated that it can be sustainable, meaning that it if all continues to go well, the program can one day be self-sustaining and not require further philanthropic support. This is the key to achieving enduring and far-reaching impact. However, to get to that point, philanthropy is critical to designing and fine-tuning programmatic models. 

Our community pharmacy investment is just one of our six current initiatives. Over the next decade, we want to expand our initiatives so that we can reach tens of millions of people. We can’t do it without philanthropy. Philanthropy is the fuel that drives innovation in our work.

Evaluation


Global Partnerships (GP) partners with and invests in social enterprises that provide people living in poverty with access to services, education and tools that can help them lift themselves out of poverty. Since it was founded 20 years ago, GP has invested over $117.5 million in over 68 social enterprise partners that reach more than 1.3 million people across 12 countries.

Proven Success
GP pioneers and invests in sustainable solutions that help impoverished people earn a living and improve their lives. For example, GP’s investment in its partner COMIXMUL’s community pharmacy program now enables over 7,000 Honduran women, many of whom live in poor, rural areas, to access essential medications at affordable prices. In recent years, GP has received growing recognition from a number of reputable institutions, including an “Impact Award” in the category of “Access to Finance” from the Overseas Private Investment Corporation, the U.S. government’s development institution.

Best Practices
GP uses a rigorous screening process to select its partners. Its team in Managua, Nicaragua travels extensively to conduct screening visits with potential partners to ensure: that the social enterprise is financially-sound, delivers impact for communities that are living in poverty, implements a sustainable business model, and is aligned with one or more of GP’s four impact areas: health services, rural livelihoods, green technology and microentrepreneurship.

Collaboration
Part of GP’s success is based on establishing strong relationships with social enterprise partners that best-understand local needs, challenges and opportunities. GP works alongside its partners to exchange ideas and build sustainable solutions. As of April 2014, GP has 38 active partners, whose profiles may be found here.

Financial Health
Committed to transparency, GP maintains standing as a GuideStar Gold participant (read its Guidestar profile here) and publishes its audited financial statements here. GP is a unique nonprofit in that it depends on both philanthropic contributions (funds research, learning and innovation) and investment funds (supports expansion of proven solutions). Philanthropic contributions are primarily received from individuals, development institutions, foundations and corporations. GP also earns revenue through the management of three social investment funds and through an equity investment in MFX Solutions, a socially-oriented company that supports lending to entrepreneurs in low-income countries with affordable hedging products and risk management education.

(Evaluated by the Seattle International Foundation, a supporting organization of The Seattle Foundation)

Grant History with The Seattle Foundation:

Grants Awarded through The Seattle Foundation Grantmaking Program:

DateAmountPurpose
There are no recent grants awarded to this organization.

Financials

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