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Nonprofit · EIN 13-1623897

AMERICAN-SCANDINAVIAN FOUNDATION

Tax-exempt · NEW YORK, NY 10016

Financials

$6M$6.9M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN-SCANDINAVIAN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,039,745$6,941,422-$901,677$54,991,768$1,931,259$53,060,509
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,570,810
of which government grants
$48,742
Membership dues
$137,595
Program service revenue
$291,942
Investment income
$1,487,209
Net rental income
$347,306
Net gain from sales of assets
$678,771
Net income from fundraising events
-$79,975
Net income from sales of inventory
$421,759
Other revenue
$689,784

Expenses

Grants and similar amounts paid
$1,693,294
Compensation of officers, directors and key employees
$346,619
Other salaries and wages
$1,459,215
Salaries, compensation and benefits (total)
$2,330,289
Professional fundraising fees
$0
Accounting fees
$79,803
Occupancy
$562,129
Travel
$99,845
Depreciation
$891,986
Program services (functional)
$5,795,337
Management and general (functional)
$889,153
Fundraising (functional)
$256,932

Balance sheet and other

Total assets, start of year
$52,870,458
Total assets, end of year
$54,991,768
Total liabilities, end of year
$1,931,259
Net assets, end of year
$53,060,509
Land, buildings and equipment
$13,199,979
Publicly traded securities
$34,877,515
Net assets without donor restrictions
$20,292,916
Net assets with donor restrictions
$32,767,593
Gross unrelated business income
$694
Gross receipts
$9,064,056
Employees
42
Volunteers
61
Year formed
1910
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
EDWARD P GALLAGHERPRESIDENT
Trustee or director, Officer
35$273,192$47,615
SALLY YERKOVICHDIRECTOR OF EDUCATIONAL EXCHAN
Highest-paid employee
35$133,370$7,000
STEPHEN P MCGRATHDIRECTOR OF FINANCE & ADMIN
Highest-paid employee
35$123,430$5,750
LYNN CARTERSECRETARY
Officer
16$25,812$0
ANDERS IVERSENDEPUTY CHAIRMAN
Trustee or director, Officer
1$0$0
BENTE SVENSEN FRANTZVICE CHAIRMAN FOR NORWAY
Trustee or director, Officer
1$0$0
HENRIK STEFFENSENTREASURER
Trustee or director, Officer
1$0$0
MONIKA HEIMBOLDVICE CHAIRMAN FOR SWEDEN
Trustee or director, Officer
1$0$0
SIGRIDUR BENEDIKTSDOTTIRVICE CHAIRMAN FOR ICELAND
Trustee or director, Officer
1$0$0
STEVEN B PERIVICE CHAIRMAN FOR THE U.S.
Trustee or director, Officer
1$0$0
TERJE LANDECHAIRMAN OF THE BOARD
Trustee or director, Officer
1$0$0
AGNES AHLANDER TURNEREXECUTIVE TRUSTEE
Trustee or director
1$0$0
ANDERS BRAGEXECUTIVE TRUSTEE
Trustee or director
1$0$0
ANNIE JENSEN CHAPUREXECUTIVE TRUSTEE
Trustee or director
1$0$0
ARTHER ZECKENDORFEXECUTIVE TRUSTEE
Trustee or director
1$0$0
50 more people on this return
NameTitleHours / weekCompensation
BARBRO OSHEREXECUTIVE TRUSTEE
Trustee or director
1$0
BARD E BUNAESEXECUTIVE TRUSTEE
Trustee or director
1$0
BETTINA SCHRIVER GOCHMANEXECUTIVE TRUSTEE
Trustee or director
1$0
BJORG BERGSVEINSDOTTIREXECUTIVE TRUSTEE
Trustee or director
1$0
BJORN BJERKEEXECUTIVE TRUSTEE
Trustee or director
1$0
CAROL DOMINAEXECUTIVE TRUSTEE
Trustee or director
1$0
CATHARINA WREDE BRADENEXECUTIVE TRUSTEE
Trustee or director
1$0
CHARLIE KUNZEREXECUTIVE TRUSTEE
Trustee or director
1$0
CHRISTOPHER KANNEXECUTIVE TRUSTEE
Trustee or director
1$0
CHRISTOPHER KELLYEXECUTIVE TRUSTEE
Trustee or director
1$0
DAPHNE DAVIDSONEXECUTIVE TRUSTEE
Trustee or director
1$0
DAVID ER DANGOOREXECUTIVE TRUSTEE
Trustee or director
1$0
EDWARD E ELSONEXECUTIVE TRUSTEE
Trustee or director
1$0
ELLEN PORTEXECUTIVE TRUSTEE
Trustee or director
1$0
EMMA AEREXECUTIVE TRUSTEE
Trustee or director
1$0
ERKKO ETULAEXECUTIVE TRUSTEE
Trustee or director
1$0
EUGENE V KOKOTEXECUTIVE TRUSTEE
Trustee or director
1$0
GONZALVE BICHEXECUTIVE TRUSTEE
Trustee or director
1$0
HENRIK ROOSEXECUTIVE TRUSTEE
Trustee or director
1$0
INGER TALLAKSENEXECUTIVE TRUSTEE
Trustee or director
1$0
JAMES M STEWARTEXECUTIVE TRUSTEE
Trustee or director
1$0
JARNO VANTOEXECUTIVE TRUSTEE
Trustee or director
1$0
KARINI GUSTAFSON-TEIXEIRAEXECUTIVE TRUSTEE
Trustee or director
1$0
KRISTINA KITTILSENEXECUTIVE TRUSTEE
Trustee or director
1$0
KRISTJAN T RAGNARSSONEXECUTIVE TRUSTEE
Trustee or director
1$0
LENA BIORCK KAPLANEXECUTIVE TRUSTEE
Trustee or director
1$0
LENNARD K RAMBUSCHEXECUTIVE TRUSTEE
Trustee or director
1$0
LINDA NORDBERGEXECUTIVE TRUSTEE
Trustee or director
1$0
LISE STOLT-NIELSENEXECUTIVE TRUSTEE
Trustee or director
1$0
LIV ULLMANNEXECUTIVE TRUSTEE
Trustee or director
1$0
LIZANNE KINDLEREXECUTIVE TRUSTEE
Trustee or director
1$0
LYNDON L OLSON JREXECUTIVE TRUSTEE
Trustee or director
1$0
MARCUS SIEZINGEXECUTIVE TRUSTEE
Trustee or director
1$0
MARIA EDEREREXECUTIVE TRUSTEE
Trustee or director
1$0
MICHAEL A FEIRSTEINEXECUTIVE TRUSTEE
Trustee or director
1$0
MICHAEL J FENLONEXECUTIVE TRUSTEE
Trustee or director
1$0
MORTEN DEGNEMARKEXECUTIVE TRUSTEE
Trustee or director
1$0
PATRICIA G BERMANEXECUTIVE TRUSTEE
Trustee or director
1$0
RAGNER MEYER-KNUTSENEXECUTIVE TRUSTEE
Trustee or director
1$0
RUTGER VON POSTEXECUTIVE TRUSTEE
Trustee or director
1$0
SEBASTIAN ALSHEIMEREXECUTIVE TRUSTEE
Trustee or director
1$0
SEBASTIAN NORDGRENEXECUTIVE TRUSTEE
Trustee or director
1$0
SIGGI HILMARSSONEXECUTIVE TRUSTEE
Trustee or director
1$0
SIRI WILLOCH TRAASDAHLEXECUTIVE TRUSTEE
Trustee or director
1$0
SVEN ANDERS EKERNASEXECUTIVE TRUSTEE
Trustee or director
1$0
THOR THORS JREXECUTIVE TRUSTEE
Trustee or director
1$0
THORSTEN WAGNEREXECUTIVE TRUSTEE
Trustee or director
1$0
TROND S JENSENEXECUTIVE TRUSTEE
Trustee or director
1$0
VICTOR B BORGEEXECUTIVE TRUSTEE
Trustee or director
1$0
VICTOR JACOB STOLT-NIELSEN HOLTENEXECUTIVE TRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
58 PARK AVE, NEW YORK, NY 10016-3007
In care of
% STEPHEN MCGRATH
Principal officer (990 for 2024)
EDWARD P GALLAGHER, 58 PARK AVENUE, NEW YORK, NY 10016
Signed the 990
EDWARD P GALLAGHER, PRESIDENT
Phone
(212) 779-3587
Return prepared by
Forvis Mazars LLP

Mission

THE AMERICAN-SCANDINAVIAN FOUNDATION IS A PUBLICLY-SUPPORTED NOT-FOR-PROFIT ORGANIZATION COMMITTED TO PROMOTING EDUCATIONAL, CULTURAL AND PROFESSIONAL EXCHANGE BETWEEN THE UNITED STATES AND THE NORDIC COUNTRIES (DENMARK, FINLAND, ICELAND, NORWAY AND SWEDEN). ASF OFFERS FELLOWSHIPS, CULTURAL GRANTS, TRAINING/INTERNSHIPS, PUBLICATIONS, EXHIBITIONS AND OTHER PUBLIC PROGRAMS REINFORCING THE STRONG RELATIONSHIPS BETWEEN THE TWO REGIONS, AND HONORING THEIR SHARED VALUES AS WELL AS APPRECIATING THEIR DIFFERENCES.

990 for the year ended June 30, 2025

Program accomplishments

  • TRAINING AND FELLOWSHIP - FELLOWSHIPS AND GRANTS FROM THE AMERICAN SCANDINAVIAN FOUNDATION WERE AWARDED ON A COMPETITIVE BASIS TO AMERICANS FOR STUDY OR RESEARCH IN DENMARK, FINLAND, ICELAND, NORWAY, AND SWEDEN AND TO SCANDINAVIANS IN THE U.S. AND RECOMMENDED BY ASF'S COOPERATING ORGANIZATIONS IN EACH OF THE NORDIC COUNTRIES THE RECIPIENTS REPRESENTED A VERY BROAD RANGE OF FIELDS AND UNIVERSITIES AND WERE AT THE GRADUATE, POST-GRADUATE, OR PROFESSIONAL LEVEL. IN ADDITION, THE ASF MADE PUBLIC PROJECT GRANT TO EDUCATIONAL AND CULTURAL INSTITUTIONS TO BRING SCANDINAVIAN CULTURE AND IDEAS TO VENUES THROUGHOUT THE U.S. OVER THE YEAR, THESE GRANTS SUPPORTED NORDIC PROJECTS IN VARIOUS STATES. THE TRAINING AND INTERNSHIP PROGRAM HELPS YOUNG SCANDINAVIANS AND AMERICANS RECEIVE PRACTICAL WORK EXPERIENCE ACROSS THE ATLANTIC.
    Expenses $3,488,466 · revenue $214,492
  • PUBLIC PROGRAMS - SCANDINAVIA HOUSE CONTINUES TO BE A VITAL CENTER FOR CULTURAL PROGRAMS AND EXCHANGE BETWEEN THE U.S. AND THE FIVE NORDIC COUNTRIES. MORE THAN 100 EDUCATIONAL AND CULTURAL PROGRAMS WERE PRESENTED DURING THE YEAR. PUBLIC PROGRAMS INCLUDED WEEKLY SCREENINGS OF SCANDINAVIAN FILMS, MUSICAL PERFORMANCES, LECTURES, PRESENTATIONS, LANGUAGE CLASSES, EXHIBITIONS AND CHILDREN'S PROGRAM.
    Expenses $2,035,598 · grants $1,693,294 · revenue $77,450
  • PUBLICATIONS - THE AMERICAN-SCANDINAVIAN FOUNDATION PUBLISHES VARIOUS CULTURAL AND EDUCATIONAL MATERIALS BOTH ONLINE AND IN PRINT.
    Expenses $118,549
  • Membership.
    Expenses $152,724

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-1623897
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1920
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$54,991,768
Income (IRS master file)
$9,064,056

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990-TJune 2025–––IRS
990June 2024–––IRS
990-TJune 2024–––IRS
990June 2023$4,249,826$4,690,011$49,962,523IRS
990June 2022$6,805,044$4,586,777$48,756,359IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about AMERICAN-SCANDINAVIAN FOUNDATION

What is the EIN of AMERICAN-SCANDINAVIAN FOUNDATION?
The employer identification number (EIN) of AMERICAN-SCANDINAVIAN FOUNDATION is 13-1623897.
Is AMERICAN-SCANDINAVIAN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1920.
Are donations to AMERICAN-SCANDINAVIAN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN-SCANDINAVIAN FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN-SCANDINAVIAN FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN-SCANDINAVIAN FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of AMERICAN-SCANDINAVIAN FOUNDATION?
The 990 for the year ended June 30, 2025 names EDWARD P GALLAGHER.
Who are the officers and directors of AMERICAN-SCANDINAVIAN FOUNDATION?
The 990 for the year ended June 30, 2025 lists 65 people; 4 received compensation from the organization, the highest $273,192 (EDWARD P GALLAGHER, PRESIDENT).
How much revenue does AMERICAN-SCANDINAVIAN FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,039,745, expenses of $6,941,422 and total assets of $54,991,768 at year end.

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