Taking a Principles-based Approach to the Global Goals
UNHQ (ECOSOC Chamber)
2018 Women’s Empowerment Principles Forum
Multinational enterprises, development and decent work: the approach of the MNE Declaration
All Global Compact operations, programmes and activities are made possible by contributions from Governments to the UN Global Compact Trust Fund and from business to the Foundation for the Global Compact. Funders play a crucial role in advancing sustainable business models and markets, as the UN Global Compact does not receive funding from the regular budget of the United Nations.
Our Public Funders
We thank governments that have, over time, generously supported the UN Global Compact. To date, the following countries have contributed to the Global Compact Trust Fund: Brazil, Chile, China, Colombia, Denmark, Finland, France, Germany, Italy, Korea (ROK), the Netherlands, Norway, Spain, Sweden, Switzerland, Turkey and the United Kingdom. Contributions are welcome from any Government, and they can take the following forms:
- contributions to the Global Compact Trust Fund;
- direct support to a specific Global Compact Local Network; and
- additional support of specific Global Compact initiatives in line with our strategy.
The contribution of governments can be financial or in kind as, for example by funding Junior Professional Officers, hosting events and contributing to specific research projects. We encourage governments to contribute directly to our Trust Fund.
Governments that contribute form the UN Global Compact Government Group. The Government Group meets twice annually at capital level to ensure the effective and efficient use of the contributions that governments have provided to the Global Compact Trust Fund. Governments are also welcome to participate in a friends group that
meets more frequently in New York to be kept up to date on the status of Global Compact activities.
Our Business and Private-Sector Funders
We thank businesses – large and small – that make an annual contribution to the Global Compact. These vital supporters – over 1,500 businesses in 2017 – are recognized on their company profile on this website, and on the Foundation for the Global Compact website.
The Global Compact Trust Fund account is audited by the UN Accounts Division every year as a part of “Financial Report and Audited Financial Statements and Report of the Board of Auditors (BOA), Volume I”. BOA is responsible for the audit of the United Nations Trust Fund and its report is available at the end of every second year.
Incorporated under the laws of New York State as a not-for-profit corporation, the Foundation for the Global Compact is exempt from tax under section 501(c)(3) of the US Internal Revenue Service and qualifies for maximum charitable contribution deductions by donors where applicable. Our US Federal Tax Identification Number is 16-1756484. We are audited by an independent third party auditor on an annual basis.
The Foundation for the Global Compact is proud to be recognized as a GuideStar Exchange Gold Participant.