2022-10-13T15:11:48-07:00 2021-12-31 134036703 SCHALL & ASHENFARB CPAS LLC 307 FIFTH AVE 15TH FL NEW YORK NY 10016 990 2021-01-01 132989216 The Netherland-America Foundation Inc NETH 2128251221 505 Eighth Avenue 12A05 New York NY 10018 Michiel van Schaardenburg Treasurer 2022-10-13 true Michiel van Schaardenburg 999009999 Michael Schall P02024184 2122682800 3 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z Andy J Bender 11188587 false X www.thenaf.org X 1921 NY Building on the enduring heritage & values shared between the peoples of the Netherlands & the United States, the organization seeks to further strengthen the bonds between our two countries through exchange in the arts, sciences, education, business and public affairs. 44 44 7 200 0 1144234 2582455 0 452679 312116 0 1596913 2894571 1059412 1579403 0 285353 465313 58500 74000 381658 366973 475048 1770238 2593764 -173325 300807 7985815 8725622 259453 132395 7726362 8593227 Building on the enduring heritage and values shared between the peoples of the Netherlands and the United States, the Netherland-America Foundation seeks to further strengthen the bonds between our two countries through exchange in the arts,sciences, education, business and public affairs. false false 1994684 1579403 Founded in 1921, the NAF is active in the following areas:NAF-FULBRIGHT FELLOWSHIPSAwarded to Dutch and American students pursuing graduate level studies at universities in each others countries, funded by the Wilhelmina and Leendert Reuvers Educational Fund, the Loet and Edith Velmans Education Fund, and proceeds from the NAF Ball.SCHOLARSHIPSAwarded to high-achieving Dutch students for summer academic study and internships in Washington, DC, funded by proceeds from the NAF Ambassadors Awards Dinner.INTERNSHIP GRANTSAwarded to high-achieving and low-income students through both the Dutch2USA and USA2Holland Internship Program. Awarded to young women in partnership with the Elske Doets Young Lady Business Academy, a Netherlands-based organization that aims to empower the next generation of female leaders. Awarded to graduates of the Master Global Health Program at Maastricht University, the Heersink Family Global Health Internship Fund helps graduates pursue an internship in the United States.INTEREST-FREE STUDY LOANSAwarded to Dutch students seeking to study in the United States and, on similar terms, to American students seeking to study in the Netherlands. Funding sources include the Maarten van Hengel Memorial Fund, Mark Pigott Family Education Fund, Samuel Freeman Charitable Trust and NAF Study Loan Fund.J1 VISA SPONSORSHIPFor Dutch students participating in internships or traineeships in the United States.BUSINESS EXCHANGESupporting the exchange of viewpoints, expertise and ideas amongst members of the business community at NAF meetings and lectures.CULTURAL GRANTSSupporting exchange between the United States and the Netherlands, for all areas of the arts. Both emerging artists as well as established organizations are eligible.BOOK TOURSShowcasing internationally recognized scholars and writers from the Netherlands in presentations throughout the NAF chapter network.FRIENDS FUNDSFacilitating fundraising in the United States for Dutch cultural and educational institutions. The NAFs Fiscal Sponsorship Program provides a similar arrangement for individual projects. Through this structure, U.S. donors gifts are tax-deductible.HISTORYContributions to the restoration of historic buildings and monuments and to historic research, keeping the long historical ties between our two countries vital and current. DIGITAL MEDIA & COMMUNICATIONSProviding access to information through a digital lens by distributing monthly updates on the Foundations work through a digital newsletter, hosting webinars with experts who are at the forefront of their field, and engaging the Dutch-Americancommunity through social media platforms. 1994684 true true false false false false false false true false true false false false false true true false false false true true true true true false false true true true false false false false false false false false false false false false false false false false false true 15 0 true 7 true false true OC false false false true true false 0 false false false false true false false false false false X 44 44 false false false false true true false true true false true true true true true true true true true false false CA NY VA X X X Willemijn Keizer 2128251221 505 Eighth Avenue Ste 12A05 New York NY 10018 Willemijn Keizer Executive Dir. 50.00 0.00 X 154465 0 15946 Andy Bender Chairman 16.00 0.00 X X 0 0 0 Michiel van Schaardenburg Treasurer 8.00 0.00 X X 0 0 0 Amber Wessels-Yen Till 0721 Secretary 8.00 0.00 X X 0 0 0 Michiel Vissern Since 721 Secretary 8.00 0.00 X X 0 0 0 Paul Beiboer Director 4.00 0.00 X 0 0 0 Ennius Bergsma Director 4.00 0.00 X 0 0 0 Merijn Boender Director 4.00 0.00 X 0 0 0 Tim Broas Director 4.00 0.00 X 0 0 0 Jan Louis Burggraaf Director 4.00 0.00 X 0 0 0 Manon Cox Director 4.00 0.00 X 0 0 0 Eva Das Director 4.00 0.00 X 0 0 0 Carine de Meyere Director 4.00 0.00 X 0 0 0 Jim Dykstra Director 4.00 0.00 X 0 0 0 Kurt Dykstra Director 4.00 0.00 X 0 0 0 Michael Enthoven Director 4.00 0.00 X 0 0 0 Ton Gardeniers Director 4.00 0.00 X 0 0 0 Hans Gieskes Director 4.00 0.00 X 0 0 0 Henk Guitjens Director 4.00 0.00 X 0 0 0 Ottho Heldring Director 4.00 0.00 X 0 0 0 Judith Hernstadt Director 4.00 0.00 X 0 0 0 Jan Joosten Director 4.00 0.00 X 0 0 0 Paul Klaassen Director 4.00 0.00 X 0 0 0 Albert Laverge Director 4.00 0.00 X 0 0 0 Catharina Candy Lurken Director 4.00 0.00 X 0 0 0 Bas NieuweWeme Director 4.00 0.00 X 0 0 0 Robert Bob Ottenhoff Director 4.00 0.00 X 0 0 0 Theo Prudon Director 4.00 0.00 X 0 0 0 Maggie Timoney Director 4.00 0.00 X 0 0 0 Ralf van der Ven Director 4.00 0.00 X 0 0 0 Iwan Vandervinne Director 4.00 0.00 X 0 0 0 Jan Willem van Drimmelen Director 4.00 0.00 X 0 0 0 Marc van Gelder Director 4.00 0.00 X 0 0 0 Maarten van Hengel Director 4.00 0.00 X 0 0 0 Elizabeth van Schilfgaarde Director 4.00 0.00 X 0 0 0 Johannes van Tilburg Director 4.00 0.00 X 0 0 0 Eleanne van Vliet Director 4.00 0.00 X 0 0 0 Hugo Verdegaal Director 4.00 0.00 X 0 0 0 Jurjan Wouda Kuipers Director 4.00 0.00 X 0 0 0 Hester Velmans Director 4.00 0.00 X 0 0 0 Mary Andringa Director 4.00 0.00 X 0 0 0 Pieter Van den Berg Director 4.00 0.00 X 0 0 0 Roel Huinink Director 4.00 0.00 X 0 0 0 Vlad Hogenhuis Director 4.00 0.00 X 0 0 0 Charles Laurey Director 4.00 0.00 X 0 0 0 154465 15946 1 false true false 0 588324 91187 1902944 6925 2582455 0 181631 181631 0 0 0 8156174 8025689 130485 130485 130485 268327 588324 268327 0 0 0 0 2894571 312116 38680 38680 92562 92562 1448161 1448161 0 173851 113003 34770 26078 0 225308 102987 22252 100069 4317 1789 330 2198 34046 16986 4111 12949 27791 14912 3904 8975 0 0 0 0 74000 74000 32469 32469 115630 6273 77508 31849 0 22591 12124 3172 7295 0 0 57568 30890 8087 18591 2078 1115 292 671 0 0 0 0 2580 1385 362 833 7033 3775 987 2271 Special Event Expense 125854 37367 88487 Chapter Expense 34991 34991 Essay awards 25402 25402 Other Expenses 20693 20693 28159 12282 8485 7392 2593764 1994684 217422 381658 788693 1318371 969074 721803 559068 227761 365217 294106 0 0 0 0 14765 13183 9775 5904 6451 3871 5271597 6124136 0 0 0 10950 22391 7985815 8725622 142116 71108 45757 40937 9468 1350 19000 19000 43112 259453 132395 X 4528585 5929389 3197777 2663838 7726362 8593227 7985815 8725622 X 300807 569195 -3137 X false true X true false X 5860386 6649957 2222997 1144234 2582455 18460029 0 0 5860386 6649957 2222997 1144234 2582455 18460029 6187690 12272339 121751 147241 199401 121418 181631 771442 0 0 19231471 0.63810 0.61860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true 9775 5904 3871 3871 X 3428160 569195 569195 2858965 32469 3137 35606 2894571 2561295 2561295 32469 32469 2593764 Part V, Line 4: Intended uses of the endowment fund. The Foundation maintains various donor-restricted and board-designated funds whose purpose is to provide long term support for its charitable programs. In classifying such funds for financial statement purposes as either permanently restricted, temporarily restricted, or unrestricted net assets, the Executive Committee and Board look to explicit directions of the donor where applicable and the provisions of the laws of New York State. The spending policy of the Reuvers temporarily restricted investments requires a withdrawal of 8% based upon the annual average of the fair value of investments for the prior twelve quarters. The spending on the board designated investments is discretionary. Part X : FIN48 Footnote The Foundation does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending December 31, 2018 and later are subject to examination by applicable taxing authorities. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Foreign Exchange Loss $3137 true Europe 0 0 Program services Cultural grants & scholarships 1448161 1448161 1448161 Europe Cultural Grants 1225935 wire 1 Cultural Program Grants Europe 3 6500 J1 Visa Progarm Europe 10 54789 Pediatric Cancer Fellowships Europe 1 15141 Wire Reuvers fellowship Europe 2 74546 Wire Velmans Fellowships Europe 1 26250 Wire false false false false false false Part II, Line 1 - Method of Accounting The method of accounting used is the accrual basis. X false Developmnt Ultd 30 West 60th St New York NY 10023 Public FR false 813603 66000 747603 false 813603 66000 747603 NAF Ball 619278 406729 212549 128529 84020 NAF Gala 194325 153705 40620 30854 9766 2 43048 27890 15158 15158 856651 588324 268327 159383 108944 268327 true Katonah Museum of Art 134 Jay Street Katonah NY 10536 136161548 7500 0 Fair Value Cultural Grants Nasher Sculpture Center 2001 Flora Street Dallas TX 75201 020601628 7500 0 Fair Value Cultural Grants 2 0 PSB US Fellowships 5 61262 Cultural Program grants 10 31300 X X false false false false false false false false false Willemijn Keizer Executive Dir. 151025 3440 4650 11296 170411 Form 990, Part VI, Line 11b: Form 990 Review Process Federal Form 990 is prepared through a joint effort of management and the tax professionals. The return is presented to the Audit Committee and the Executive Committee for their review and approval. Questions/comments are addressed to both management and the tax professionals and clarified/resolved. A final copy is provided to the Board before filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization has a "board approved" conflicts of interest policy. Each Board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Each year, the executive committee reviews comparable salaries based on a recognized study and reviews the performance of the executive director to determine if the existing salary falls within these ranges. After deliberation of this matter, a proposed salary and benefit package is voted on. The minutes of the Board of Directors reflect the nature of this process. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Available upon request. Financial statements on website and on the websites of Charity Navigator and Guidestar. Other Changes In Net Assets Or Fund Balances - Other Decreases Foreign Exchange Loss = -$3137