Netherland-America Foundation Incorporated is located in New York, NY. The organization was established in 1980. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Netherland-America Foundation Incorporated employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Netherland-America Foundation Incorporated 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, Netherland-America Foundation Incorporated generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Netherland-America Foundation Incorporated has awarded 14 individual grants totaling $135,500. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING ON THE ENDURING HERITAGE & VALUES SHARED BETWEEN THE PEOPLES OF THE NETHERLANDS & THE UNITED STATES, THE ORGANIZATION SEEKS TO FURTHER STRENGTHEN THE BONDS BETWEEN OUR TWO COUNTRIES THROUGH EXCHANGE IN THE ARTS, SCIENCES, EDUCATION, BUSINESS AND PUBLIC AFFAIRS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1921, THE NAF IS ACTIVE IN THE FOLLOWING AREAS:NAF-FULBRIGHT FELLOWSHIPSAWARDED TO DUTCH AND AMERICAN STUDENTS PURSUING GRADUATE LEVEL STUDIES AT UNIVERSITIES IN EACH OTHERS COUNTRIES, FUNDED BY THE WILHELMINA AND LEENDERT REUVERS EDUCATIONAL FUND, THE LOET AND EDITH VELMANS EDUCATION FUND, AND PROCEEDS FROM THE NAF BALL.SCHOLARSHIPSAWARDED TO HIGH-ACHIEVING DUTCH STUDENTS FOR SUMMER ACADEMIC STUDY AND INTERNSHIPS IN WASHINGTON, DC, FUNDED BY PROCEEDS FROM THE NAF AMBASSADORS AWARDS DINNER.INTERNSHIP GRANTSAWARDED TO HIGH-ACHIEVING AND LOW-INCOME STUDENTS THROUGH BOTH THE DUTCH2USA AND USA2HOLLAND INTERNSHIP PROGRAM. AWARDED TO YOUNG WOMEN IN PARTNERSHIP WITH THE ELSKE DOETS YOUNG LADY BUSINESS ACADEMY, A NETHERLANDS-BASED ORGANIZATION THAT AIMS TO EMPOWER THE NEXT GENERATION OF FEMALE LEADERS. AWARDED TO GRADUATES OF THE MASTER GLOBAL HEALTH PROGRAM AT MAASTRICHT UNIVERSITY, THE HEERSINK FAMILY GLOBAL HEALTH INTERNSHIP FUND HELPS GRADUATES PURSUE AN INTERNSHIP IN THE UNITED STATES.INTEREST-FREE STUDY LOANSAWARDED TO DUTCH STUDENTS SEEKING TO STUDY IN THE UNITED STATES AND, ON SIMILAR TERMS, TO AMERICAN STUDENTS SEEKING TO STUDY IN THE NETHERLANDS. FUNDING SOURCES INCLUDE THE MAARTEN VAN HENGEL MEMORIAL FUND, MARK PIGOTT FAMILY EDUCATION FUND, SAMUEL FREEMAN CHARITABLE TRUST AND NAF STUDY LOAN FUND.J1 VISA SPONSORSHIPFOR DUTCH STUDENTS PARTICIPATING IN INTERNSHIPS OR TRAINEESHIPS IN THE UNITED STATES.BUSINESS EXCHANGESUPPORTING THE EXCHANGE OF VIEWPOINTS, EXPERTISE AND IDEAS AMONGST MEMBERS OF THE BUSINESS COMMUNITY AT NAF MEETINGS AND LECTURES.CULTURAL GRANTSSUPPORTING EXCHANGE BETWEEN THE UNITED STATES AND THE NETHERLANDS, FOR ALL AREAS OF THE ARTS. BOTH EMERGING ARTISTS AS WELL AS ESTABLISHED ORGANIZATIONS ARE ELIGIBLE.BOOK TOURSSHOWCASING INTERNATIONALLY RECOGNIZED SCHOLARS AND WRITERS FROM THE NETHERLANDS IN PRESENTATIONS THROUGHOUT THE NAF CHAPTER NETWORK.FRIENDS FUNDSFACILITATING FUNDRAISING IN THE UNITED STATES FOR DUTCH CULTURAL AND EDUCATIONAL INSTITUTIONS. THE NAFS FISCAL SPONSORSHIP PROGRAM PROVIDES A SIMILAR ARRANGEMENT FOR INDIVIDUAL PROJECTS. THROUGH THIS STRUCTURE, U.S. DONORS GIFTS ARE TAX-DEDUCTIBLE.HISTORYCONTRIBUTIONS TO THE RESTORATION OF HISTORIC BUILDINGS AND MONUMENTS AND TO HISTORIC RESEARCH, KEEPING THE LONG HISTORICAL TIES BETWEEN OUR TWO COUNTRIES VITAL AND CURRENT. DIGITAL MEDIA & COMMUNICATIONSPROVIDING ACCESS TO INFORMATION THROUGH A DIGITAL LENS BY DISTRIBUTING MONTHLY UPDATES ON THE FOUNDATIONS WORK THROUGH A DIGITAL NEWSLETTER, HOSTING WEBINARS WITH EXPERTS WHO ARE AT THE FOREFRONT OF THEIR FIELD, AND ENGAGING THE DUTCH-AMERICANCOMMUNITY THROUGH SOCIAL MEDIA PLATFORMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Willemijn Keizer Executive Dir. | Officer | 50 | $154,465 |
Michiel Van Schaardenburg Treasurer | OfficerTrustee | 8 | $0 |
Andy Bender Chairman | OfficerTrustee | 16 | $0 |
Amber Wessels-Yen Till 0721 Secretary | OfficerTrustee | 8 | $0 |
Michiel Vissern Since 721 Secretary | OfficerTrustee | 8 | $0 |
Ennius Bergsma Director | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $588,324 |
Related organizations | $0 |
Government grants | $91,187 |
All other contributions, gifts, grants, and similar amounts not included above | $1,902,944 |
Noncash contributions included in lines 1a–1f | $6,925 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,582,455 |
Total Program Service Revenue | $0 |
Investment income | $181,631 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $130,485 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,894,571 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $38,680 |
Grants and other assistance to domestic individuals. | $92,562 |
Grants and other assistance to Foreign Orgs/Individuals | $1,448,161 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $173,851 |
Compensation of current officers, directors, key employees. | $34,770 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $225,308 |
Pension plan accruals and contributions | $4,317 |
Other employee benefits | $34,046 |
Payroll taxes | $27,791 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $74,000 |
Fees for services: Investment Management | $32,469 |
Fees for services: Other | $115,630 |
Advertising and promotion | $0 |
Office expenses | $22,591 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $57,568 |
Travel | $2,078 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,580 |
Insurance | $7,033 |
All other expenses | $28,159 |
Total functional expenses | $2,593,764 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,318,371 |
Savings and temporary cash investments | $721,803 |
Pledges and grants receivable | $227,761 |
Accounts receivable, net | $294,106 |
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 | $13,183 |
Net Land, buildings, and equipment | $3,871 |
Investments—publicly traded securities | $6,124,136 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $22,391 |
Total assets | $8,725,622 |
Accounts payable and accrued expenses | $71,108 |
Grants payable | $40,937 |
Deferred revenue | $1,350 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $19,000 |
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 | $132,395 |
Net assets without donor restrictions | $5,929,389 |
Net assets with donor restrictions | $2,663,838 |
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 | $8,725,622 |
Over the last fiscal year, Netherland-America Foundation Incorporated has awarded $15,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Katonah, NY PURPOSE: Cultural Grants | $7,500 |
Dallas, TX PURPOSE: Cultural Grants | $7,500 |
Over the last fiscal year, we have identified 11 grants that Netherland-America Foundation Incorporated has recieved totaling $510,810.
Awarding Organization | Amount |
---|---|
Northstar Family Foundation Inc Bronxville, NY PURPOSE: CHARITABLE PURPOSES | $203,835 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $180,100 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT | $38,000 |
The Harry & Jeanette Weinberg Foundation Inc Owings Mills, MD PURPOSE: TO SUPPORT INTERNATIONAL STUDENT EXCHANGES THAT PROMOTE MUTUAL UNDERSTANDING AND RESPECT OF OTHER PEOPLE AND CULTURES. | $25,000 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $15,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,870 |
Beg. Balance | $3,931,342 |
Earnings | -$65,306 |
Grants | $100,000 |
Ending Balance | $3,766,036 |
Organization Name | Assets | Revenue |
---|---|---|
Alliance For Open Society International Inc New York, NY | $43,304,993 | $33,954,105 |
Harvard-Yenching Institute Cambridge, MA | $357,386,063 | $5,038,189 |
Idealistorg Inc New York, NY | $8,884,686 | $10,106,263 |
Middle East Forum Philadelphia, PA | $5,601,334 | $8,052,985 |
Americas Society Inc New York, NY | $65,186,397 | $5,307,206 |
China Institute In America Incorporated New York, NY | $39,618,019 | $6,570,371 |
American-Scandinavian Foundation New York, NY | $56,118,805 | $3,574,288 |
Peaceworks Network Foundation New York, NY | $9,232,893 | $2,717,484 |
Auschwitz Instut For The Prevention Of Genocide And Mass Atrocities New York, NY | $427,684 | $2,862,009 |
Korea Society New York, NY | $30,574,587 | $3,688,770 |
Netherland-America Foundation Incorporated New York, NY | $8,725,622 | $2,894,571 |
Beyond Borders Inc Norristown, PA | $1,569,645 | $2,578,672 |