Free Russia Foundation
- Assets
- $2.0m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Washington, DC
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 47-2437810
Organization Overview
Free Russia Foundation is located in Washington, DC. The organization was established in 2016. 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 12/2023, Free Russia Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Russia Foundation 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, Free Russia Foundation generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 57.3% each year . All expenses for the organization totaled $4.7m during the year ending 12/2023. While expenses have increased by 62.6% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE WORK OF FREE RUSSIA FOUNDATION IS FOCUSED IN THREE KEY MISSION AREAS: 1. ADVANCING THE VISION OF A DEMOCRATIC, PROSPEROUS AND PEACEFUL RUSSIA GOVERNED BY THE RULE OF LAW BY EDUCATING THE NEXT GENERATION OF RUSSIAN LEADERS COMMITTED TO THESE IDEALS; 2. STRENGTHENING CIVIL SOCIETY IN RUSSIA AND DEFENDING HUMAN RIGHTS ACTIVISTS PERSECUTED BY THE RUSSIAN GOVERNMENT; AND 3. SUPPORTING FORMULATION OF AN EFFECTIVE AND SUSTAINABLE RUSSIA POLICY IN THE UNITED STATES AND EUROPE BY EDUCATING POLICY MAKERS AND INFORMING PUBLIC DEBATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING GLOBAL RUSSIAN PRO-DEMOCRACY FORCES THROUGH EDUCATIONAL PROGRAMS; RAISING AWARENESS ABOUT RUSSIA-RELATED ISSUES AMONG WESTERN POLICY-MAKERS INCLUDING SEMINARS AND BRIEFINGS FOR THE U.S. CONGRESS, STATE DEPARTMENT, EUROPEAN PARLIAMENT, NATIONAL EUROPEAN PARLIAMENTS, THINK TANKS, DEMOCRACY PROMOTION, HUMAN RIGHTS AND MEDIA ORGANIZATIONS; CONDUCTING RESEARCH ON THE CURRENT SITUATION IN RUSSIA AND PROSPECTS FOR PRO-DEMOCRACY FORCES, ON THE WAYS THE CURRENT RUSSIAN GOVERNMENT UNDERMINES WESTERN INSTITUTIONS, SPREADS FAKE NEWS AND DISINFORMATION AND BRINGS ITS CORRUPT PRACTICES TO THE WEST. FORMULATING RECOMMENDATIONS FOR WESTERN GOVERNMENTS, PARLIAMENTS, EXPERT AND MEDIA COMMUNITY, AND CIVIL SOCIETY TO COUNTER KREMLIN'S DISINFORMATION AND KLEPTOCRACY. CONSOLIDATING EXILED PRO-DEMOCRACY RUSSIANS AND TRAINING THEM ON HOW TO ADVOCATE FOR RUSSIA-RELATED PRO-DEMOCRACY CAUSES AND INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hon David J Kramer Board Chairman | OfficerTrustee | 0.5 | $0 |
Hon Paige Alexander Board Vice Chair | OfficerTrustee | 0.5 | $0 |
Dr Sergey Aleksashenko Board Treasurer | OfficerTrustee | 0.5 | $0 |
Dr Alina Polyakova Board Member | Trustee | 0.5 | $0 |
Ellen Bork Board Member | Trustee | 0.5 | $0 |
Thomas Firestone Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Evgenia Kara-murza Consultant | 12/30/23 | $171,000 |
Natalya Lunde Consultant | 12/30/23 | $132,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,925,852 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,135,287 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,061,139 |
| Total Program Service Revenue | $0 |
| Investment income | $225 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,061,364 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,510 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,716,358 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $225,866 |
| Compensation of current officers, directors, key employees. | $225,866 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,191 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,820 |
| Payroll taxes | $17,311 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $173,151 |
| Fees for services: Accounting | $28,367 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,913,724 |
| Advertising and promotion | $295 |
| Office expenses | $87,515 |
| Information technology | $2,914 |
| Royalties | $0 |
| Occupancy | $138,024 |
| Travel | $354,160 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,100 |
| Interest | $4,133 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $847 |
| Insurance | $750 |
| All other expenses | $0 |
| Total functional expenses | $4,732,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $749,421 |
| Savings and temporary cash investments | $149,962 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,124,088 |
| 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 | $0 |
| Net Land, buildings, and equipment | $413 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,543 |
| Total assets | $2,026,427 |
| Accounts payable and accrued expenses | $63,797 |
| 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 | $148,353 |
| Other liabilities | $804,223 |
| Total liabilities | $1,016,373 |
| Net assets without donor restrictions | $1,010,054 |
| 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 | $2,026,427 |