Skip to main content

Nonprofit · EIN 13-2847092

FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US

Tax-exempt · NEW YORK, NY 10036

Financials

$1.3M$1.2M2023$1.9M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,872,837$1,429,922$442,915$4,438,215$418,519$4,019,696
December 31, 2023990$1,346,837$1,181,080$165,757$4,087,262$510,481$3,576,781
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$556,642
Program service revenue
$0
Investment income
$492,794
Net gain from sales of assets
$446,805
Net income from fundraising events
$802,701
Other revenue
$823,401

Expenses

Grants and similar amounts paid
$20,000
Compensation of officers, directors and key employees
$364,195
Other salaries and wages
$253,060
Salaries, compensation and benefits (total)
$731,579
Professional fundraising fees
$0
Accounting fees
$50,021
Occupancy
$127,456
Travel
$78,741
Depreciation
$1,197
Program services (functional)
$1,010,134
Management and general (functional)
$192,828
Fundraising (functional)
$226,960

Balance sheet and other

Total assets, start of year
$4,087,262
Total assets, end of year
$4,438,215
Total liabilities, end of year
$418,519
Net assets, end of year
$4,019,696
Land, buildings and equipment
$5,101
Publicly traded securities
$3,344,728
Net assets without donor restrictions
$3,424,696
Net assets with donor restrictions
$595,000
Gross receipts
$2,485,252
Employees
6
Volunteers
47
Year formed
1976
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Caroline NaralasettyPresident
Officer
40$230,270$2,657
Elizabeth McGeheeDirector of Programs
Officer
40$104,913$14,915
Jennifer WaldenVP of Advancement
Officer
40$29,012$0
Gary ColeDirector
Trustee or director
1$0$0
Chloe DemrovskyDirector
Trustee or director
1$0$0
Jean-Yves FillionDirector
Trustee or director
1$0$0
Yves-Andre IstelDirector
Trustee or director
1$0$0
Roy KablaDirector
Trustee or director
1$0$0
Francois PagesDirector
Trustee or director
1$0$0
Ina PopovaDirector
Trustee or director
1$0$0
Douglas PriceDirector
Trustee or director
1$0$0
Clyde Rankin IIIDirector
Trustee or director
1$0$0
Cynthia SmithDirector
Trustee or director
1$0$0
Antonio WeissDirector
Trustee or director
1$0$0
Gina AdamsDirector
Trustee or director
1$0$0
36 more people on this return
NameTitleHours / weekCompensation
Carol BellamyDirector
Trustee or director
1$0
George BrokawDirector
Trustee or director
1$0
Anne DiasDirector
Trustee or director
1$0
Charles FergusonDirector
Trustee or director
1$0
James FinkelDirector
Trustee or director
1$0
Emma FrelinghuysenDirector
Trustee or director
1$0
Fatima HadjDirector
Trustee or director
1$0
Scott HandlerDirector
Trustee or director
1$0
William Hearst IIIDirector
Trustee or director
1$0
Maya HenryDirector
Trustee or director
1$0
Adam HodgeDirector
Trustee or director
1$0
Reuben Jeffery IIIDirector
Trustee or director
1$0
Andrew KlaberDirector
Trustee or director
1$0
Mia de KuijperDirector
Trustee or director
1$0
Clare OBrienDirector
Trustee or director
1$0
Frederic RozeDirector
Trustee or director
1$0
Melissa SawyerDirector
Trustee or director
1$0
Siddhartha ShuklaDirector
Trustee or director
1$0
Craig StapletonDirector
Trustee or director
1$0
John ThainDirector
Trustee or director
1$0
David ThomsDirector
Trustee or director
1$0
Robert TreuholdDirector
Trustee or director
1$0
Elizabeth AskrenDirector
Trustee or director
1$0
Kristen BartokDirector
Trustee or director
1$0
Geoffrey ChepigaDirector
Trustee or director
1$0
Raymond McGuireDirector
Trustee or director
1$0
Richard Duke Buchan IIIDirector
Trustee or director
1$0
Vivien de GunzburgDirector
Trustee or director
1$0
Frances DevlinDirector
Trustee or director
1$0
Jeanne PhillipsDirector
Trustee or director
1$0
Sean WardDirector
Trustee or director
1$0
Andra ZeppelinDirector
Trustee or director
1$0
Jacques AschenbroichDirector
Trustee or director
1$0
Jayee KoffeyDirector
Trustee or director
1$0
Allan ChapinChairman Emeritus
Trustee or director, Officer
1$0
Edward WallaceChairman
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 41 people
NameTitleHours / weekCompensation
Caroline NaralasettyPresident
Officer
40$235,000
Mia de KuijperDirector
Trustee or director
1$0
Andrew KlaberDirector
Trustee or director
1$0
Frederic RozeDirector
Trustee or director
1$0
Clare OBrienDirector
Trustee or director
1$0
Reuben Jeffery IIIDirector
Trustee or director
1$0
Maya HenryDirector
Trustee or director
1$0
William Hearst IIIDirector
Trustee or director
1$0
Scott HandlerDirector
Trustee or director
1$0
Adam HodgeDirector
Trustee or director
1$0
Melissa SawyerDirector
Trustee or director
1$0
Kristen BartokDirector
Trustee or director
1$0
Elizabeth AskrenDirector
Trustee or director
1$0
Raymond McGuireDirector
Trustee or director
1$0
Geoffrey ChepigaDirector
Trustee or director
1$0
Robert TreuholdDirector
Trustee or director
1$0
Craig StapletonDirector
Trustee or director
1$0
Siddhartha ShuklaDirector
Trustee or director
1$0
David ThomsDirector
Trustee or director
1$0
John ThainDirector
Trustee or director
1$0
Fatima HadjDirector
Trustee or director
1$0
Ina PopovaDirector
Trustee or director
1$0
Francois PagesDirector
Trustee or director
1$0
Clyde Rankin IIIDirector
Trustee or director
1$0
Douglas PriceDirector
Trustee or director
1$0
Roy KablaDirector
Trustee or director
1$0
Chloe DemrovskyDirector
Trustee or director
1$0
Gary ColeDirector
Trustee or director
1$0
Yves-Andre IstelDirector
Trustee or director
1$0
Jean-Yves FillionDirector
Trustee or director
1$0
Charles FergusonDirector
Trustee or director
1$0
Anne DiasDirector
Trustee or director
1$0
Emma FrelinghuysenDirector
Trustee or director
1$0
James FinkelDirector
Trustee or director
1$0
George BrokawDirector
Trustee or director
1$0
Antonio WeissDirector
Trustee or director
1$0
Cynthia SmithDirector
Trustee or director
1$0
Carol BellamyDirector
Trustee or director
1$0
Gina AdamsDirector
Trustee or director
1$0
Allan ChapinChairman Emeritus
Trustee or director, Officer
1$0
Edward WallaceChairman
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
28 WEST 44TH STREET STE 912, NEW YORK, NY 10036-7414
In care of
% JENNIFER WALDEN
Principal officer (990 for 2024)
Jennifer Walden, 28 West 44th Street STE 912, New York, NY 10036
Signed the 990
JENNIFER WALDEN, VP of Advancement
Phone
(212) 221-7209
Return prepared by
Mullins PC

Mission

Founded in 1976, and building on more than two centuries of shared ideals between France and the United States, the French-American Foundation works to enrich a transatlantic relationship that is essential in todays world.

990 for the year ended December 31, 2024

Program accomplishments

  • Founded in 1976, the French-American Foundation is the only organization dedicated solely to sustaining and strengthening the French-American relationship at the highest levels of leadership. The Foundation works to build lasting, practical working ties between France and the United States and to advance solutions to problems of shared concern. Through our work, we seek to perpetuate more than two centuries of shared ideals and friendship to meet the challenges of the 21st century together. Programmatic initiatives include: Young Leaders Program: The Young Leaders program convenes a highly selective group of French and American professionals whose common link is their demonstrated leadership and passion for forging bonds in a globalized world. Young Leaders, hailing from a diverse array of sectors, come together to engage in pertinent dialogue around issues of common concern on both sides of the Atlantic. The program is grounded in the belief that informed dialogue across cultures will lead to progress in solving the most pressing issues of our time. Transatlantic Forum: The Transatlantic Forum is an invitation-only membership group that brings together established French and American professionals for in-depth conversations on contemporary issues of concern on both sides of the Atlantic. The program aims to provide a deeper understanding of the forces shaping American and French societies in a warm, convivial atmosphere that fosters stimulating conversations and lasting friendships. Our goal is to build a community that is informed, open-minded and committed to engaging personally on issues of critical import to the U.S. France relationship. Our members cross nationalities and professional fields: government, media, non-profit, academia, business, law, finance, the arts, and more. In general, half are American and half French. Forum members share a passion for debate and a desire to engage across cultures to help build a more peaceful and unified world. Translation Prize: Since 1986, the French-American Foundation has awarded an annual prize for the best translation from French to English in both fiction and nonfiction. The Translation Prize is a valuable element of the intellectual and cultural exchange between France and the United States. Its purpose is to promote French literature in the United States and to provide translators and their craft with greater visibility among publishers and readers. Cyber Security: The Foundation has a longstanding commitment to advancing dialogue on cyber security-related topics of mutual concern to France and the United States. The Cyber Security Program comprises the annual Cyber Security Conference and relevant events in our other program initiatives that assemble leaders in military, government, industry, and academia to examine emerging cyber security challenges in a transatlantic context. Policy Breakfasts: The Foundations Policy Breakfasts bring together leaders from various fields to discuss topics of economic, social, and political importance with a guest of honor. Breakfasts welcome approximately 20 guests, comprised of high-level professionals, government experts, philanthropists, and Young Leaders of the Foundation. Guest speakers share their views on specific topics, followed by questions and remarks from the audience.
    Expenses $1,010,134 · grants $20,000

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-2847092
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
1975
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,438,215
Income (IRS master file)
$2,485,252

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,872,837$1,429,922$4,438,215XML
990December 2023$1,346,837$1,181,080$4,087,262XML
990December 2022$766,818$1,207,648$4,003,005IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 13-2847092).

Questions about FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US

What is the EIN of FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US?
The employer identification number (EIN) of FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US is 13-2847092.
Is FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US 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 FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US?
The 990 for the year ended December 31, 2024 names Jennifer Walden.
Who are the officers and directors of FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US?
The 990 for the year ended December 31, 2024 lists 51 people; 3 received compensation from the organization, the highest $230,270 (Caroline Naralasetty, President).
How much revenue does FRENCH AMERICAN FOUNDATION FOR THE DEVEL OF RELATIONS BTWN FRNC & US have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,872,837, expenses of $1,429,922 and total assets of $4,438,215 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York · International, foreign affairs and national security