French American Foundation For The Devel Of Relations Btwn Frnc & Us
- Assets
- $4.3m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 7
- Location
- New York, NY
- Founding
- 12/1975
- Data as of
- 12/2021
- EIN
- 13-2847092
Organization Overview
French American Foundation For The Devel Of Relations Btwn Frnc & Us is located in New York, NY. The organization was established in 1975. According to its NTEE Classification (Q05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, French American Foundation For The Devel Of Relations Btwn Frnc & Us employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French American Foundation For The Devel Of Relations Btwn Frnc & Us 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 12/2021, French American Foundation For The Devel Of Relations Btwn Frnc & Us generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $932.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN 1976, AND BUILDING ON MORE THAN TWO CENTURIES OF SHARED IDEALS BETWEEN FRANCE AND THE UNITED STATES, THE FRENCH-AMERICAN FOUNDATION WORKS TO ENRICH A TRANSATLANTIC RELATIONSHIP THAT IS ESSENTIAL IN TODAY'S WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ADDRESSES SEVERAL CURRENT POLICY ISSUES INCLUDING EDUCATION; IMMIGRATION; SECURITY AND DEFENSE; BUSINESS AND THE ECONOMY; ENERGY AND THE ENVIRONMENT; URBAN DEVELOPMENT AND RENEWAL; HEALTH CARE; AND CULTURAL POLICY. PROGRAMS INCLUDE ITS SIGNATURE YOUNG LEADERS PROGRAM, CONFERENCES, HIGH-LEVEL PROFESSIONAL EXCHANGES, AND STUDY TOURS FOR LEADERS IN GOVERNMENT, BUSINESS, ACADEMIA, MEDIA, AND CULTURE, CREATING A RICH NETWORK OF PEOPLE AND IDEAS FOR ACTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline Naralasetty President | Officer | 40 | $95,669 |
Allan M Chapin Chairman | OfficerTrustee | 1 | $0 |
Edward C Wallace Vice Chairman | OfficerTrustee | 1 | $0 |
Kirsten Bartok Director | Trustee | 1 | $0 |
Frdric Chesnais Director | Trustee | 1 | $0 |
Fatima Hadj Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gotham Hall Operating Entity Venue Facility Rental | 12/30/17 | $126,105 |
Apf 28 W 44 Owner Lp Office Space Rental | 12/30/17 | $155,432 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,000 |
| Related organizations | $0 |
| Government grants | $269,933 |
| All other contributions, gifts, grants, and similar amounts not included above | $958,297 |
| Noncash contributions included in lines 1a–1f | $40,698 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,238,230 |
| Total Program Service Revenue | $7,367 |
| Investment income | $60,722 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $90,244 |
| Net Income from Fundraising Events | -$5,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,391,563 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,968 |
| Compensation of current officers, directors, key employees. | $15,895 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $325,259 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $54,094 |
| Payroll taxes | $34,441 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $56,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,656 |
| Fees for services: Other | $157,163 |
| Advertising and promotion | $3,350 |
| Office expenses | $869 |
| Information technology | $18,430 |
| Royalties | $0 |
| Occupancy | $66,250 |
| Travel | $20,997 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,311 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,745 |
| All other expenses | $0 |
| Total functional expenses | $932,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,088 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $564,045 |
| 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 | $28,742 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,158,255 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $103,378 |
| Total assets | $4,298,508 |
| Accounts payable and accrued expenses | $27,510 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $27,510 |
| Net assets without donor restrictions | $3,703,453 |
| Net assets with donor restrictions | $567,545 |
| 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 | $4,298,508 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that French American Foundation For The Devel Of Relations Btwn Frnc & Us has recieved totaling $47,500.
| Awarding Organization | Amount |
|---|---|
United Way Miami Inc Miami, FL PURPOSE: GENERAL FUNDS | $47,500 |
Endowment Analysis
| Beg. Balance | $3,100,310 |
| Earnings | $365,616 |
| Admin Expense | $22,656 |
| Other Expense | $285,015 |
| Ending Balance | $3,158,255 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council On Foreign Relations Inc New York, NY | $674,171,200 | $102,605,000 |
Population Council Inc New York, NY | $165,937,710 | $57,674,221 |
Union Of Concerned Scientists Inc Cambridge, MA | $92,807,274 | $64,025,005 |
Business Council For International Understanding Inc New York, NY | $3,579,725 | $5,813,542 |
Committee For Accuracy In Middle East Reporting In America Inc Boston, MA | $14,473,730 | $9,012,828 |
Foreign Policy Association Incorporated New York, NY | $5,721,976 | $4,285,945 |
Carnegie Council For Ethics In International Affairs Inc New York, NY | $42,413,355 | $2,380,908 |
Independent Diplomat Inc New York, NY | $1,546,888 | $2,800,004 |
Israel Policy Forum Inc New York, NY | $4,206,685 | $4,071,986 |
Foreign Policy Research Institute Philadelphia, PA | $2,361,438 | $3,262,376 |
The Africa-America Institute New York, NY | $4,440,622 | $2,165,945 |
Parliamentarians For Global Action New York, NY | $2,359,532 | $2,527,257 |