Friends Of The Forum Foundations Usa Inc
- Assets
- $255.8k
- Revenue
- $114.3k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2018
- Data as of
- 06/2021
- EIN
- 82-3297015
Organization Overview
Friends Of The Forum Foundations Usa Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Friends Of The Forum Foundations USA Inc 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 06/2021, Friends Of The Forum Foundations USA Inc generated $114.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (47.1%) each year. All expenses for the organization totaled $103.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (47.1%) per year over the past 3 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
TRANSFORM YOUNG LEADERS THROUGH PERSONAL AND COLLECTIVE EXPERIENCES THAT BUILD KNOWLEDGE AND ENGENDER BETTER UNDERSTANDINGS OF GLOBAL, REGIONAL AND INDUSTRY ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT TO THE FORUM OF YOUNG GLOBAL LEADERS, THE PURPOSE OF WHICH IS TO CREATE A DYNAMIC GLOBAL COMMUNITY OF EXCEPTIONAL PEOPLE WITH THE VISION, COURAGE, AND INFLUENCE TO DRIVE POSITIVE CHANGE IN THE WORLD.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrian Monck President | Officer | 1.25 | $0 |
Julien Gattoni Treasurer | Officer | 1.25 | $0 |
Erica Viegas Secretary | Officer | 30 | $0 |
Raju Narisetti Director | Trustee | 0.5 | $0 |
Sarita Nayyar Director | Trustee | 0.5 | $0 |
Katherine Garrett-Cox Director, Vice President | 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 | $111,468 |
| Noncash contributions included in lines 1a–1f | $68,020 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,468 |
| Total Program Service Revenue | $0 |
| Investment income | $2,827 |
| 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 | $114,295 |
| 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 | $56,798 |
| 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 | $471 |
| Fees for services: Accounting | $30,922 |
| 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 | $2,756 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,202 |
| 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 | $0 |
| Total functional expenses | $103,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,496 |
| Savings and temporary cash investments | $0 |
| 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 | $148,229 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60 |
| Total assets | $255,785 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $255,785 |
| 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 | $255,785 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Forum Foundations Usa Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Mastercard Impact Fund Purchase, NY PURPOSE: WEF YGL FELLOWSHIP | $100,000 |
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|---|---|---|
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Oxfam-America Inc Boston, MA | $98,567,095 | $108,365,278 |
Helen Keller International New York, NY | $112,029,852 | $121,068,878 |
Action Against Hunger Usa New York, NY | $114,998,583 | $117,737,270 |
Jewish National Fund -Keren Kayemeth Leisrael- Inc New York, NY | $532,275,365 | $140,855,420 |
Concern Worldwide U S Inc New York, NY | $28,102,900 | $75,183,447 |
Brac Usa Inc New York, NY | $39,074,186 | $26,089,482 |
American Society For Technion- Israel Institute Of Technology Inc New York, NY | $552,165,498 | $74,453,195 |
The American College Of Greece Boston, MA | $67,377,188 | $58,892,639 |
King Baudouin Foundation United States Inc New York, NY | $71,313,887 | $81,640,878 |
World Education Inc Boston, MA | $10,873,421 | $51,800,410 |
Citihope International Inc Margaretsville, NY | $17,709,063 | $34,849,219 |