The Foundation for the Global Compact is based on the principle that public-private collaboration is essential to find lasting solutions to pressing global problems. Established in 2006, we are incorporated under the laws of New York State as a not-for-profit corporation. The Foundation provides vital financial, operational and programmatic support to the United Nations Global Compact Office and other UN Global Compact activities around the world.
Learn more about the United Nations Global Compact
Over 80% of every dollar spent goes toward shaping a sustainable future.
Since 2000, corporate sustainability has increasingly entered mainstream decision-making. A vanguard of companies in all key markets is taking action, helped by UN Global Compact activities at both the international and local level. By supporting the Global Compact, funders play a crucial role in advancing sustainable business models and markets.
All Global Compact operations, programmes and activities are made possible by voluntary contributions from Governments to the UN Global Compact Trust Fund and from business and the private sector to the Foundation for the Global Compact.
The Foundation is a non profit entity incorporated under New York State law. It is authorized to fundraise in support of the Global Compact initiative. Its relationship with the United Nations is set out in a Memorandum of Understanding (MOU).
A summary of the main provisions of the MOU follows:
The Foundation's main functions are:
The MOU provides that the Global Compact and the Foundation work together in the following ways:
The MOU gives the Global Compact Office the right, in consultation with the Foundation and under reasonable circumstances, to monitor and evaluate the progress and implementation of the activities and programmes of the Foundation in support of the Global Compact initiative.
The MOU also addresses matters such as the circumstances under which the Foundation may use the Global Compact's name and logos.
The Foundation is separate and distinct from the United Nations, including without limitation the Global Compact Office, it is not to be considered, for any purposes whatsoever, as being a United Nations entity or a part of a United Nations entity. The Foundation will consider the in-put of the Global Compact in connection with its fundraising, which will be conducted in a manner that respects the dignity, international character and status of the United Nations. The primary beneficiary of the contributions solicited or the grants received by the Foundation shall be the Global Compact initiative and activities in support of the Global Compact.
Mark Moody-Stuart has been involved in the Global Compact since its inception. He is Vice Chairman of the Board and Chairman of the Global Compact Foundation. He co-chairs the Global Compact Human Rights and Labour Working Group and Global Compact Business for Peace. He is Chairman of Hermes Equity Ownership Services and was Chairman of the Royal Dutch/Shell Group from 1998 to 2001 and Anglo American plc from 2002-2009. After a doctorate in geology at Cambridge, he worked for Shell living in Holland, Spain, Oman, Brunei, Australia, Nigeria, Turkey and Malaysia, and UK. A director of Saudi Aramco 2007- , Accenture (2001-2015) and of HSBC (2001-10). Chairman of the Innovative Vector Control Consortium. (2008-) and of the FTSE ESG Advisory Committee. Honorary Co-Chairman of the International Tax and Investment Center 2011-, Member of the International Council for Integrated Reporting, Chairman of the of the Global Business Coalition for HIV/AIDS 2002- 2011, board member Global Reporting Initiative 2002-7 and the International Institute for Sustainable Development 2002-2011. Co-Chair of Business Action for Sustainable Development in 2002, a business initiative for the Johannesburg Summit. Author of "Responsible Leadership – Lessons from the front line of sustainability and ethics". Married to Judy with four children.
James V. Kearney is a senior partner in the international law firm of Latham & Watkins LLP. He is the chairman of the firm's Pro Bono Committee. Since 2000, Latham & Watkins has provided over $200 million in pro bono legal services to low income individuals and not-for-profit organizations and to advance access to justice. Mr. Kearney's legal practice is focused on commercial litigation and trial advocacy. He holds a B.A. from Manhattan College and a J.D. from New York University.
Oliver F. Williams is an associate professor and director of the Notre Dame Center for Ethics and Religious Values in Business in the Mendoza College of Business at the University of Notre Dame. A winner of Notre Dame's Reinhold Niebuhr faculty award, he has been listed as one of the outstanding faculty in Business Week's ratings of MBA programs. Mr. Williams has served as associate provost of the University of Notre Dame from 1987-94 and is a past chair of the Social Issues Division of the Academy of Management. Mr. Williams specializes in understanding how the ethics of virtue might inform the ethical conduct of managers. He is the editor or author of 13 books as well as numerous articles on business ethics. He holds a doctorate from Vanderbilt University and his bachelor's and master's degrees from Notre Dame. He is a Catholic priest in the Congregation of Holy Cross.
Independent director and former EY Partner (retired 2014) with extensive experience with Fortune 500 companies, global venture capital firms and their investee companies; sector experience includes investment management, biotechnology, consumer products, consumer financial services, advertising and media, information and other business services. Proven people leadership and operational skills plus financial accounting and auditing, information technology risk, enterprise risk, internal audit, and internal controls expertise. Practice Leader, Northeast Information Technology Risk and Assurance. Steering Committee, Professional Women’s Network, Advisor to Black Professionals Network, Alumni Advisor to Latino. Professionals Network. Socially responsible and impact investing, sustainability accounting and reporting, and benefit corporations are current interest and passion. FSA certification obtained in 2017 from the Sustainability Accounting Standards Board, first cohort to obtain this new credential.
Alex Stein is the Managing Director of the Foundation for the Global Compact where he oversees its operations, strategy and implementation. Mr. Stein has over eleven years of nonprofit managerial experience, having worked in economic and micro-enterprise development and international education. Prior to joining the Foundation in September, 2011, Mr. Stein was the Chief Financial & Administrative Officer of the Center to Prevent Youth Violence from 2006 to 2011, managing the finances and operations. From 1999 to 2006, Mr. Stein was the Vice President of Finance and Administration for ACCION International's regional New York affiliate where he oversaw the finances and administration of the United States' largest micro-enterprise development organization. Mr. Stein also has experience working as an English teacher in Bogota, Colombia. Mr. Stein holds an MBA from the Ross School of Business at the University of Michigan and a BA in English from Whittier College.
The Foundation is committed to careful stewardship of the funds entrusted to it by all donors.
The Foundation accepts donations from any donor (whether corporate, foundation or an individual) provided that acceptance of the donation would not threaten the integrity of the Foundation, the UN Global Compact Office or the initiative as a whole. In general, it is expected that contributors to the Foundation will be participants or other stakeholders of the Global Compact.
Whether contributions to the Foundation are tax deductible will depend on the tax laws of your country. In many countries, contributions to charities, like the Foundation, are tax deductible as a business expense for companies.
The Foundation exists to support the work of the UN Global Compact Office and related activities. It does not accept unsolicited funding proposals or requests for funding. Contributions are only used to fund important activities of the Global Compact Office, such as events, publications and studies aimed at raising awareness of the UN Global Compact, its principles and how to implement them. To maximize the benefit that flows from donations, administrative costs are kept to a minimum.
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