Foundation For Democratic Development

Organization Overview

Foundation For Democratic Development is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (R01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Foundation For Democratic Development employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Democratic Development 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, Foundation For Democratic Development generated $915.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 61.1% each year . All expenses for the organization totaled $916.6k during the year ending 12/2021. While expenses have increased by 68.0% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT EURASIAN CIVIL SOCIETY, AS WELL AS THE SOCIAL AND ECONOMIC DEVELOPMENT OF EURASIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION FACILITATES REFORM-ORIENTED DISCUSSIONS IN EURASIA, ASSISTS IN DEVELOPMENT OF ACTIVISM AND INDEPENDENT MEDIA IN THE REGION, CONDUCTS RESEARCH AND EDUCATIONAL PROGRAMS ON ADVOCACY CAMPAIGNS AND GOOD GOVERNANCE, AND SUPPORTS ENTREPRENEURIAL AND SOCIAL EXCHANGE PROGRAMS AND STUDY TOURS.


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Board, Officers & Key Employees

Name (title)Compensation
Olga Golovanenko
CFO
$42,000
Nadezhda Valueva
COO / Treasurer
$36,000
Nataliya Arno
President
$31,060
Linda Petrillo
Treasurer (end 2-12-21)
$6,000

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$915,534
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$915,534
Total Program Service Revenue$0
Investment income $20
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 $915,554

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Foundation For Democratic Development has recieved totaling $25,000.

Awarding OrganizationAmount
$25,000
View Grant Recipient Profile

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