Financials

The Task Force receives programmatic funding from government agencies, charitable foundations, corporations, and non-governmental agencies. A list of our FY18 funders is available here. We also receive significant in-kind contributions from the pharmaceutical companies Pfizer and Merck & Co., Inc. who donate antibiotic and anti-parasitic medicines valued at billions of dollars annually for the elimination of neglected tropical diseases. These donations are received by The Task Force’s subsidiary Global Health Solutions, a 501(c)(3) non-profit corporation (see below). 

We manage

0
Billion Dollars Worth of Medicines

The Task Force for Global Health topped The Chronicle of Philanthropy’s 2018 list as the non-profit that raised the most in non-cash (or in-kind) gifts in FY2017.

We operate with high levels of efficiency and leverage resources for an extraordinary impact. We benchmark our administrative, project management, and financial management practices against the best practices of leading corporations. This helps ensure the efficient use of resources entrusted to us and that we deliver programs that meet the needs of people whom we serve. In fiscal year 2018, we devoted 87 percent of our revenue to our program.

Our fiscal year 2018 budget was close to $2.2 billion, which included significant in-kind contributions of medicines. These contributions help rank The Task Force among the largest U.S. nonprofits, according to Forbes. The Task Force is not eligible to be rated by Charity Navigator because we do not meet their criterion of spending at least one percent or more of our annual budget (in-kind contributions included) on fundraising.

The Task Force for Global Health, Inc. (The Task Force) is a tax-exempt 501(c)(3) corporation, as defined by the United States Internal Revenue Service. The Task Force also has a supporting organization, which receives in-kind contributions of donated pharmaceuticals, and other support.

Global Health Solutions, Inc.

Global Health Solutions, Inc. (“GHS”) is a tax-exempt, 501(c)(3), non-profit corporation. Formed in 2005, GHS is organized under the laws of the State of Georgia and is operated exclusively for charitable, scientific and educational purposes in support of The Task Force for Global Health, a publicly supported charity and a recognized tax-exempt, 501(c)(3), non-profit corporation.

GHS is a subsidiary of The Task Force, and its principal transactions involve donated pharmaceuticals in support of Task Force international programs focused on neglected tropical diseases. The Task Force programs supported by GHS (and the programs’ areas of focus) include the Mectizan® Donation Program (fighting river blindness), Partnership for Influenza Vaccine Introduction (pandemic preparedness), and the International Trachoma Initiative (elimination of trachoma—the leading cause of infectious blindness in the world).

Financial results for GHS are included in the audited, Consolidated Financial Statements for The Task Force for Global Health, Inc (see below).

If you have questions about GHS, please reach out to us via info@taskforce.org.

Resources

In an effort to promote full disclosure of Task Force operations, our Annual Reports, Conflict of Interest Policy and Bylaws are available below:

IRS 990 Forms

The Internal Revenue Service (IRS) requires non-profit organizations to complete and submit a Form 990 on an annual basis. Our federal tax number is 58-1698648. The 990 provides information on our organization’s mission, programs, and finances. This site provides 990 Forms for The Task Force for Global Health and its subsidiary organization, Global Health Solutions.

Audited Financial Report

The financial transactions of the Task Force are audited each year by certified public accountants. Following are the Consolidated Audit Reports for The Task Force and its supporting organization, Global Health Solutions, for the past three fiscal years:

Please note that our information may be listed under our former name, The Task Force for Child Survival and Development, for years prior to 2009.

The Task Force for Global Health meets all 20 Charity Standards established by the Better Business Bureau. The Task Force is also certified by TRACE, an organization founded to assure partners and governments that international service agencies understand and comply with anti-bribery regulations. The Task Force meets all standards for certification. The Task Force has the highest level of transparency at GuideStar, an information service that specializes in reporting on US non-profit companies.

Photo caption: Women carry drinking water from a community pump in Timbenao Village, Chikwawa District, Malawi during a mass drug administration for trachoma elimination.

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