Fondation Francqui Belgium
- Assets
- $58.6m
- Revenue
- $432.6k
- Investments
- $58.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1938
- Data as of
- 12/2023
- EIN
- 98-6001286
Organization Overview
Fondation Francqui Belgium is located in New York, NY. The organization was established in 1938. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fondation Francqui Belgium 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, Fondation Francqui Belgium generated $432.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fondation Francqui Belgium has awarded 16 individual grants totaling $3,325,030. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Count Herman Van Rompuy Chairman | 1 | $0 | |
Baron Mark Waer Vice Chairman | 1 | $0 | |
Baron Jean-Pierre Hansen Vice Chairman | 1 | $0 | |
Mr Pierre Van Moerbeke CEO | 1 | $0 | |
Mrs Valerie Andre Member | 1 | $0 | |
Count Nicolas Boel Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $513,970 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$81,417 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $432,553 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $93,775 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $223,899 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,207 |
| Printing and publications | $0 |
| Other expenses | $1,404,521 |
| Total operating and administrative expenses | $1,978,028 |
| Contributions, gifts, grants paid | $1,009,520 |
| Total expenses and disbursements | $2,987,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $334 |
| Savings and temporary cash investments | $579,227 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,078 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $42,807,524 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $58,585,112 |
| Accounts payable and accrued expenses | $36,276 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $36,276 |
Grants Awarded
Over the last fiscal year, Fondation Francqui Belgium has awarded $1,009,520 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BELGIAN FRANCQUI CHAIRS PURPOSE: AWARDED TO BELGIANS WHO ACCEPT A TEACHING APPOINTMENT AT ANOTHER BELGIAN UNIVERSITY. THE FRANCQUI CHAIR AWARDS ENCOURAGES EXCHANGES BETWEEN BELGIAN UNIVERSITIES. THE INAUGURAL LECTURE OF SUCH A COURSE IS USUALLY AN OPPORTUNITY TO BRING TOGETHER ALL THE PROMINENT FIGURES OF THE FIELD IN QUESTION AND TO EMPHASIZE THIS COLLABORATION. | $155,822 |
FRANCQUI FELLOWSHIPS PURPOSE: TO SUPPORT FINANCING OF A NUMBER OF FELLOWSHIPS DISTRIBUTED TO YOUNG BELGIANS WHO WISH TO STUDY IN THE UNITED STATES. THE DISTRIBUTION OF THOSE FELLOWSHIPS IS DONE BY THE BELGIAN AMERICAN EDUCATIONAL FOUNDATION. | $117,845 |
INTERNATIONAL FRANCQUI CHAIRS PURPOSE: AWARDED TO TEACHING POSITIONS ADMINISTERED BY BELGIAN UNIVERSITIES, WHO INVITE NON-BELGIANS. THE FOUNDATION PROVIDES MONEY TO THOSE BELGIAN UNIVERSITIES WHO ARE IN CHARGE OF THE FURTHER WORKOUT. | $194,803 |
THE FRANCQUI PRIZE PURPOSE: AWARDED IN RECOGNITION OF THE ACHIEVEMENTS OF A YOUNG BELGIAN SCHOLAR OR SCIENTIST. IT NOT ONLY BESTOWS A LARGE SUM OF MONEY BUT ALSO HAS IRREFUTABLE PRESTIGE AS IT IS PRESENTED BY THE KING HIMSELF. | $541,050 |