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 12/2022, French American Foundation For The Devel Of Relations Btwn Frnc & Us employed 6 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 12/2022, French American Foundation For The Devel Of Relations Btwn Frnc & Us generated $766.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. 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
2022
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 TODAYS WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1976, THE FRENCH-AMERICAN FOUNDATION IS THE ONLY ORGANIZATION DEDICATED SOLELY TO SUSTAINING AND STRENGTHENING THE FRENCH-AMERICAN RELATIONSHIP AT THE HIGHEST LEVELS OF LEADERSHIP. THE FOUNDATION WORKS TO BUILD LASTING, PRACTICAL WORKING TIES BETWEEN FRANCE AND THE UNITED STATES AND TO ADVANCE SOLUTIONS TO PROBLEMS OF SHARED CONCERN. THROUGH OUR WORK, WE SEEK TO PERPETUATE MORE THAN TWO CENTURIES OF SHARED IDEALS AND FRIENDSHIP TO MEET THE CHALLENGES OF THE 21ST CENTURY TOGETHER. PROGRAMMATIC INITIATIVES INCLUDE: YOUNG LEADERS PROGRAM:THE YOUNG LEADERS PROGRAM CONVENES A HIGHLY SELECTIVE GROUP OF FRENCH AND AMERICAN PROFESSIONALS WHOSE COMMON LINK IS THEIR DEMONSTRATED LEADERSHIP AND PASSION FOR FORGING BONDS IN A GLOBALIZED WORLD. YOUNG LEADERS, HAILING FROM A DIVERSE ARRAY OF SECTORS, COME TOGETHER TO ENGAGE IN PERTINENT DIALOGUE AROUND ISSUES OF COMMON CONCERN ON BOTH SIDES OF THE ATLANTIC. THE PROGRAM IS GROUNDED IN THE BELIEF THAT INFORMED DIALOGUE ACROSS CULTURES WILL LEAD TO PROGRESS IN SOLVING THE MOST PRESSING ISSUES OF OUR TIME.TRANSATLANTIC FORUM:THE TRANSATLANTIC FORUM IS AN INVITATION-ONLY MEMBERSHIP GROUP THAT BRINGS TOGETHER ESTABLISHED FRENCH AND AMERICAN PROFESSIONALS FOR IN-DEPTH CONVERSATIONS ON CONTEMPORARY ISSUES OF CONCERN ON BOTH SIDES OF THE ATLANTIC. TRANSLATION PRIZE:SINCE 1986, THE FRENCH-AMERICAN FOUNDATION HAS AWARDED AN ANNUAL PRIZE FOR THE BEST TRANSLATION FROM FRENCH TO ENGLISH IN BOTH FICTION AND NONFICTION. THE TRANSLATION PRIZE IS A VALUABLE ELEMENT OF THE INTELLECTUAL AND CULTURAL EXCHANGE BETWEEN FRANCE AND THE UNITED STATES. ITS PURPOSE IS TO PROMOTE FRENCH LITERATURE IN THE UNITED STATES AND TO PROVIDE TRANSLATORS AND THEIR CRAFT WITH GREATER VISIBILITY AMONG PUBLISHERS AND READERS. CYBER SECURITY:THE FOUNDATION HAS A LONGSTANDING COMMITMENT TO ADVANCING DIALOGUE ON CYBER SECURITY-RELATED TOPICS OF MUTUAL CONCERN FOR FRANCE AND THE UNITED STATES. THE CYBER SECURITY PROGRAM COMPRISES THE ANNUAL CYBER SECURITY CONFERENCE AND RELEVANT EVENTS IN OUR OTHER PROGRAM INITIATIVES THAT ASSEMBLE LEADERS IN MILITARY, GOVERNMENT, INDUSTRY, AND ACADEMIA TO EXAMINE EMERGING CYBER SECURITY CHALLENGES IN A TRANSATLANTIC CONTEXT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Caroline Naralasetty President | Officer | 40 | $250,000 |
Reuben Jeffery III Director | Trustee | 1 | $0 |
Adam Hodge Director | Trustee | 1 | $0 |
Mia DE Kuijper Director | Trustee | 1 | $0 |
Andrew Klaber Director | Trustee | 1 | $0 |
Maya Henry Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Apf 28 W 44 Owner Lp Office Space Rental | 12/30/17 | $155,432 |
Gotham Hall Operating Entity Venue Facility Rental | 12/30/17 | $126,105 |
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 | $182,926 |
Noncash contributions included in lines 1a–1f | $10,426 |
Total Revenue from Contributions, Gifts, Grants & Similar | $182,926 |
Total Program Service Revenue | $0 |
Investment income | $27,416 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $41,691 |
Net Income from Fundraising Events | $503,282 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $766,818 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $20,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $250,000 |
Compensation of current officers, directors, key employees. | $53,262 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $271,275 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $35,002 |
Payroll taxes | $39,992 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $41,673 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $17,878 |
Fees for services: Other | $113,845 |
Advertising and promotion | $2,167 |
Office expenses | $19,113 |
Information technology | $16,659 |
Royalties | $0 |
Occupancy | $133,928 |
Travel | $124,181 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $107,572 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $883 |
Insurance | $10,473 |
All other expenses | $3,007 |
Total functional expenses | $1,207,648 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $486,339 |
Savings and temporary cash investments | $200,000 |
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 | $35,226 |
Net Land, buildings, and equipment | $7,495 |
Investments—publicly traded securities | $2,711,811 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $562,134 |
Total assets | $4,003,005 |
Accounts payable and accrued expenses | $19,280 |
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 | $572,701 |
Total liabilities | $591,981 |
Net assets without donor restrictions | $2,961,024 |
Net assets with donor restrictions | $450,000 |
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 | $4,003,005 |