U S Russia Foundation For Ecnomic Advancement And The Rule Of Law
- Assets
- $184.7m
- Revenue
- $1.6m
- Investments
- $87.8m
- Employees
- 14
- Location
- Washington, DC
- Founding
- 12/2004
- Data as of
- 12/2023
- EIN
- 01-0732928
Organization Overview
U S Russia Foundation For Ecnomic Advancement And The Rule Of Law is located in Washington, DC. The organization was established in 2004. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, U S Russia Foundation For Ecnomic Advancement And The Rule Of Law employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U S Russia Foundation For Ecnomic Advancement And The Rule Of Law is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, U S Russia Foundation For Ecnomic Advancement And The Rule Of Law generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $147.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, U S Russia Foundation For Ecnomic Advancement And The Rule Of Law has awarded 190 individual grants totaling $153,557,978. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO WNISEF TO SUPPORT RESILIENCE AND RECOVERY IN UKRAINE AND MOLDOVA IN THE WAKE OF THE KREMLIN'S ONGOING ILLEGAL AND UNPROVOKED AGGRESSION, VIA THE WESTERN NEW INDEPENDENT STATES ENTERPRISE FUND, AS AGREED WITH THE UNITED STATES GOVERNMENT IN GRANT MODIFICATION 16.
RULE OF LAW: SUPPORT FOR OUTREACH, EDUCATION, AND TRAINING IN INTERNATIONAL AND DOMESTIC LAW, EXPERTISE AND BEST PRACTICES THAT BUILD THE CAPACITY OF RUSSIANS TO DEVELOP AND SUSTAIN LAWS, INSTITUTIONS, AND JURISPRUDENCE THAT PROTECT CITIZENS' RIGHTS AND THAT WILL ENABLE GOOD GOVERNANCE AT THE LOCAL, REGIONAL, AND NATIONAL LEVELS. USRF IS COMMITTED TO PROTECTING THE VULNERABLE AND ADVANCING PRO-DEMOCRACY INSTITUTIONS IN RUSSIA AS WELL AS CAPACITY BUILDING FOR RUSSIAN ATTORNEYS.
CIVIL SOCIETY & EXPERTISE (CSE): SUPPORT FOR PRO-DEMOCRACY RUSSIAN CIVIL SOCIETY GROUPS AND NETWORKS INSIDE AND OUTSIDE RUSSIA, INCLUDING OPPORTUNITIES FOR TRAINING AND CAPACITY BUILDING. SUPPORT FOR TEACHING AND PROFESSIONAL DEVELOPMENT AIMED AT INCREASING EXPERTISE ON RUSSIA IN THE UNITED STATES.
MEDIA & FREE ENTERPRISE (MFE): SUPPORT FOR INDEPENDENT RUSSIAN MEDIA IN EFFORTS TO REACH AUDIENCES INSIDE AND OUTSIDE OF RUSSIA, DEVELOP IT INFRASTRUCTURE AND INNOVATIVE TECHNOLOGICAL APPROACHES, AND ESTABLISH SUSTAINABLE BUSINESS MODELS. SUPPORT FOR PRO-DEMOCRACY RUSSIAN EXILE COMMUNITIES THROUGH TRAINING IN LEGAL, REGULATORY, ECONOMIC, AND BUSINESS PRACTICES THAT STRENGTHEN FREE ENTERPRISE AND PRIVATE ENTREPRENEURSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Rojansky Chief Executive Officer | OfficerTrustee | 40 | $363,133 |
John R Beyrle Chairman | OfficerTrustee | 18 | $0 |
Karen N Horn Vice Chair/treasurer | OfficerTrustee | 8 | $0 |
Stephen Biegun Director | Trustee | 8 | $0 |
Dr Jenne K Britell Director | Trustee | 6 | $0 |
The Honorable James F Collins Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $2,202,141 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$622,074 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,615,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $138,049,537 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $5,148,045 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $971,769 |
| Compensation of current officers, directors, key employees. | $828,889 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $470,627 |
| Pension plan accruals and contributions | $87,868 |
| Other employee benefits | $106,429 |
| Payroll taxes | $79,954 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,692 |
| Fees for services: Accounting | $60,706 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,177,606 |
| Fees for services: Other | $138,328 |
| Advertising and promotion | $0 |
| Office expenses | $34,423 |
| Information technology | $55,802 |
| Royalties | $0 |
| Occupancy | $237,297 |
| Travel | $369,153 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,817 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,319 |
| Insurance | $83,160 |
| All other expenses | $0 |
| Total functional expenses | $147,153,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,183 |
| Savings and temporary cash investments | $15,719,805 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $44,720 |
| Net Land, buildings, and equipment | $17,384 |
| Investments—publicly traded securities | $79,152,843 |
| Investments—other securities | $87,783,178 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,904,696 |
| Total assets | $184,744,809 |
| Accounts payable and accrued expenses | $165,955 |
| Grants payable | $216,191 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,034,717 |
| Total liabilities | $2,416,863 |
| Net assets without donor restrictions | $182,327,946 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $184,744,809 |
Grants Awarded
Over the last fiscal year, U S Russia Foundation For Ecnomic Advancement And The Rule Of Law has awarded $138,044,941 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN NIS ENTERPRISE FUND PURPOSE: PUBLIC SUPPORT | $133,236,209 |
FREE RUSSIA FOUNDATION PURPOSE: PUBLIC SUPPORT | $297,528 |
CERGE-EI FOUNDATION PURPOSE: PUBLIC SUPPORT | $248,527 |
UNIVERSITY OF WISCONSIN PURPOSE: PUBLIC SUPPORT | $243,527 |
AMERICAN BAR ASSOCIATION RULE OF LAW INITIATIVE PURPOSE: PUBLIC SUPPORT | $240,000 |
INDIANA UNIVERSITY PURPOSE: PUBLIC SUPPORT | $209,795 |