Fondation Francqui Belgium
- Assets
- $64.5m
- Revenue
- $7.1m
- Investments
- $64.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1938
- Data as of
- 12/2021
- 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 12/2021, Fondation Francqui Belgium generated $7.1m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pierre Van Moerbeke Administrator Delegate | 1 | $0 | |
Francoise Masai Member | 1 | $0 | |
Alexandre Sevrin Member | 1 | $0 | |
Jan Grauls Member | 1 | $0 | |
Herman Van Rompuy President | 1 | $0 | |
Jean-Pierre Hansen Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $309,468 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $987,927 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,785,491 |
| Total Revenue | $7,082,886 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $127,510 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $277,481 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,572 |
| Printing and publications | $0 |
| Other expenses | $1,455,252 |
| Total operating and administrative expenses | $2,128,547 |
| Contributions, gifts, grants paid | $820,629 |
| Total expenses and disbursements | $2,949,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $343 |
| Savings and temporary cash investments | $262,370 |
| 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 | $18,757 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $54,697,033 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $64,527,549 |
| Accounts payable and accrued expenses | $82,215 |
| 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 | $82,215 |
Grants Awarded
Over the last fiscal year, Fondation Francqui Belgium has awarded $820,629 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
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. | $295,750 |
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. | $276,230 |
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. | $127,764 |
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. | $120,885 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |