Paris Foundation Inc
- Assets
- $1.5m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2017
- Data as of
- 12/2019
- EIN
- 82-0626948
Organization Overview
Paris Foundation Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paris Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGE IN ACTIVITIES DESIGNED TO PRESERVE AND RESTORE NATIONAL MONUMENTS AND SPACES IN PARIS, FRANCE. SPECIFICALLY, THE FOUNDATION PLANS TO GRANT MONIES TO THE PARIS FOUNDATION, A FRENCH NOT-FOR-PROFIT ORGANIZATION CREATED IN MAY 2015 IN RESPONSE TO THE AMBITION OF THE MAYOR OF PARIS TO OBTAIN FINANCIAL ASSISTANCE FROM THE PRIVATE SECTOR FOR THE PRESERVATION AND RESTORATION OF NATIONAL MONUMENTS AND SPACES IN PARIS, FRANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGE IN ACTIVITIES DESIGNED TO PRESERVE AND RESTORE NATIONAL MONUMENTS AND SPACES IN PARIS, FRANCE. SPECIFICALLY, THE FOUNDATION PLANS TO GRANT MONIES TO THE PARIS FOUNDATION, A FRENCH NOT-FOR-PROFIT ORGANIZATION CREATED IN MAY 2015 IN RESPONSE TO THE AMBITION OF THE MAYOR OF PARIS TO OBTAIN FINANCIAL ASSISTANCE FROM THE PRIVATE SECTOR FOR THE PRESERVATION AND RESTORATION OF NATIONAL MONUMENTS AND SPACES IN PARIS, FRANCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francois Chateau President & | OfficerTrustee | 1 | $0 |
Marie Monique Steckel Secretary & | OfficerTrustee | 1 | $0 |
Anne Sylvie Schneider Treasurer & | OfficerTrustee | 1 | $0 |
Thierry Despont Director | Trustee | 1 | $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 | $1,484,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,484,500 |
| Total Program Service Revenue | $0 |
| Investment income | $7,580 |
| 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 | $1,492,080 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $77 |
| Total functional expenses | $77 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $784,463 |
| Savings and temporary cash investments | $757,515 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,541,978 |
| Accounts payable and accrued expenses | $25 |
| 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 | $25 |
| Net assets without donor restrictions | $1,541,953 |
| 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 | $1,541,978 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Paris Foundation Inc has recieved totaling $1,409,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $554,500 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $554,500 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asian Cultural Council Inc New York, NY | $42,424,533 | $6,554,346 |
American Australian Association Inc New York, NY | $20,329,376 | $5,966,095 |
International Academy Of Fine Art New Haven, CT | $7,361,430 | $3,896,682 |
Narrative 4 Inc New York, NY | $1,205,933 | $1,903,403 |
Art Omi Inc Ghent, NY | $43,946,364 | $3,128,359 |
Soliya Inc New York, NY | $378,380 | $2,402,375 |
French Heritage Society Inc New York, NY | $4,346,853 | $2,062,675 |
Oldways Preservation & Exchange Trust Inc Boston, MA | $1,292,816 | $1,750,409 |
American Friends Of The Centre Pompidou Inc New York, NY | $35,443,867 | $1,267,005 |
Cec Artslink Inc New York, NY | $834,274 | $924,449 |
Us China Scitech Education Promotion Association Inc Andover, MA | $129,701 | $738,187 |
Croatian National Tourist Office Inc New York, NY | $34,374 | $582,610 |