2021-04-29T12:35:34-05:00 2020-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2020-01-01 010732928 US RUSSIA FOUNDATION FOR ECONOMIC ADVANCEMENT AND THE RULE OF LAW USRU 2024957888 1230 17TH STREET NW WASHINGTON DC 20036 ALAN GRIFFIN COO/CFO 2024957888 2021-04-29 1 ALAN GRIFFIN 999009999 AARON M FOX P01365820 2022274000 2021-04-29 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z CELESTE WALLANDER 1230 17TH STREET NW WASHINGTON DC 20036 148577355 0 X WWW.USRF.US X 2002 DE SEE PART III, LINE 1. 13 12 13 12 0 0 0 0 0 0 7332185 8377448 0 0 7332185 8377448 3065961 4345425 0 0 1603269 1527782 0 0 0 2384152 2082693 7053382 7955900 278803 421548 302510162 316911891 1691649 1285904 300818513 315625987 X THE U.S. RUSSIA FOUNDATION WAS FOUNDED IN 2008 TO STRENGTHEN RELATIONS BETWEEN THE UNITED STATES AND RUSSIA AND TO PROMOTE THE DEVELOPMENT OF THE PRIVATE SECTOR IN THE RUSSIAN FEDERATION. USRF SUPPORTS PROGRAMS THAT BUILD RUSSIAN INNOVATION, ENTREPRENEURSHIP, EDUCATION, AND SCIENTIFIC EXPERTISE, AND PROGRAMS THAT CONNECT RUSSIANS AND AMERICANS IN BUSINESS, THE LEGAL PROFESSION, THEIR COMMUNITIES, THE MEDIA, AND EDUCATION. 0 0 2504401 2135936 ECONOMIC ENTERPRISE AND ENTREPRENEURSHIP DEVELOPMENT: FOCUS ON EDUCATION AND TRAINING IN LEGAL, REGULATORY, ECONOMIC, AND BUSINESS PRACTICES THAT BUILD THE CAPACITY OF RUSSIAN CITIZENS FOR PRIVATE ENTREPRENEURSHIP AND FURTHER CONTRIBUTES TO THE DEVELOPMENT OF THE PRIVATE SECTOR IN RUSSIA. 1389710 1185245 CIVIL SOCIETY: FOCUS ON EDUCATION AND TRAINING TO SUPPORT THE HUMAN CAPACITY OF CITIZENS WHO THEN WORK WITHIN THEIR COMMUNITIES TO DEVELOP AND SUSTAIN A VIBRANT AND GROWING PRIVATE SECTOR IN RUSSIA. 1322986 1024244 RULE OF LAW: FOCUS ON EDUCATION AND TRAINING IN LAW, INFORMATION, MEDIA, AND ACTIVITIES THAT BUILD THE CAPACITY OF RUSSIAN CITIZENS TO DEVELOP AND SUSTAIN LAWS, INSTITUTIONS, AND PRACTICES THAT ENABLE GOOD GOVERNANCE AT THE LOCAL, REGIONAL, AND NATIONAL LEVEL. THIS IN TURN CONTRIBUTES TO THE DEVELOPMENT OF THE PRIVATE SECTOR IN RUSSIA. 5217097 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALAN GRIFFIN 2024957888 1230 17TH STREET NW WASHINGTON DC 20036 CELESTE WALLANDER CHIEF EXECUTIVE OFFICER 40.00 X X 303431 0 75115 ALAN GRIFFIN COO/CFO 40.00 X 248968 0 86748 REBEKAH STROMAN CHIEF OF STAFF 40.00 X 124093 0 37345 LORI JONES ASST. TREASURER/SECRETARY 40.00 X 96131 0 35986 JOHN R BEYRLE CHAIRMAN 18.00 X X 0 0 0 KAREN N HORN VICE CHAIR/TREASURER 8.00 X X 0 0 0 DR JENNE K BRITELL DIRECTOR 6.00 X 0 0 0 THE HONORABLE JAMES F COLLINS DIRECTOR 15.00 X 0 0 0 SUSAN EISENHOWER DIRECTOR 3.00 X 0 0 0 THOMAS FIRESTONE DIRECTOR 3.00 X 0 0 0 R CRAIG KENNEDY DIRECTOR 3.00 X 0 0 0 THE HONORABLE PAUL A MAGNUSON DIRECTOR 5.00 X 0 0 0 THE HONORABLE MICHAEL M MIHM DIRECTOR 5.00 X 0 0 0 STEVEN L PEASE DIRECTOR 15.00 X 0 0 0 GREGORY RIGDON DIRECTOR 3.00 X 0 0 0 CHARLES E RYAN DIRECTOR 8.00 X 0 0 0 772623 0 235194 3 0 1 0 0 4520522 4520522 144056833 140199907 3856926 3856926 3856926 8377448 0 0 8377448 3319171 3319171 1026254 1026254 846379 118028 728351 428464 296251 132213 99389 67512 31877 79241 43681 35560 74309 26865 47444 53440 53440 48771 48771 1253420 1253420 118307 107812 10495 366 366 43104 21151 21953 64073 31477 32596 269677 132482 137195 105883 7991 97892 8216 8216 24781 12174 12607 85851 85851 DUES & MEMBERSHIPS 6248 6248 TAXES, LICENSES & FEES 556 556 7955900 5217097 2738803 0 458118 332805 18935098 26681903 91696 398 122 84012 51241 116770 75526 66025 41244 208320307 202029503 74534518 87754287 20388 20388 302510162 316911891 198606 180594 1493043 1105310 1691649 1285904 X 150818513 164625987 150000000 151000000 300818513 315625987 302510162 316911891 X 421548 14223470 162456 X 0 1 X 1 0 9465 4908 4557 30111 28202 1909 77194 42416 34778 41244 PRIVATE EQUITY FUNDS 34324985 C HEDGE FUNDS 53429302 C 87754287 X 21347498 14223470 14223470 7124028 1253420 1253420 8377448 6540024 0 6540024 1253420 162456 1415876 7955900 PART X, LINE 2: THE ORGANIZATION EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2020, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECOVERIES OF PRIOR YEAR GRANTS 162,456. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING SEE SCHEDULE F, PART V 957254 RUSSIA AND NEIGHBORING STATES 0 0 GRANTMAKING SEE SCHEDULE F, PART V 69000 0 0 0 0 0 0 1026254 0 1026254 EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 95800 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 11000 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 34425 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 102200 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 108060 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 100319 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 40250 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 60000 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 25000 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 31000 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 120000 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 55000 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 36200 WIRE RUSSIA AND NEIGHBORING STATES PUBLIC SUPPORT 69000 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 16000 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 72000 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) PUBLIC SUPPORT 50000 WIRE 17 0 1 0 0 0 0 0 PART I, LINE 2: USRF UNDERTAKES A RIGOROUS REVIEW PROCESS FOR ALL GRANTS MADE TO ORGANIZATIONS OUTSIDE THE UNITED STATES. ANY ORGANIZATION SEEKING FUNDING FROM USRF IS REQUIRED TO COMPLETE A GRANT OR FUNDING APPLICATION THAT IS REVIEWED BY A MEMBER OF THE SENIOR STAFF WHO THEN DETERMINES IF IT ADDRESSED THE CHARITABLE MISSIONS SUPPORTED BY USRF. IF A GRANT APPLICATION IS DETERMINED TO BE WORTHY OF SUPPORT, MANAGEMENT WILL RECOMMENDED IT FOR APPROVAL TO THE GRANTS COMMITTEE. THOSE GRANTS APPROVED BY THE GRANTS COMMITTEE ARE RECOMMENDED FOR APPROVAL TO THE FULL BOARD. ONCE A GRANT REQUEST IS APPROVED, A STANDARD AGREEMENT IS SIGNED BETWEEN USRF AND THE GRANTEE. THE STANDARD AGREEMENT MAKES CLEAR THE RESPONSIBILITIES OF ALL PARTIES. IT OBLIGATES THE GRANTEE TO USE THE GRANT FUNDS ONLY FOR THE PURPOSES FOR WHICH THE GRANT IS MADE, PROVIDES FOR PERIODIC WRITTEN REPORTS AS WELL AS AN ACCOUNTING OF HOW GRANT FUNDS WERE USED, AND ACKNOWLEDGES USRF'S AUTHORITY TO WITHHOLD OR RECOVER GRANT FUNDS IN CASES WHERE SUCH FUNDS ARE NOT USED ACCORDINGLY. TO ENSURE THAT THE FOREIGN ORGANIZATIONS RECEIVING FUNDS ARE USING THE FUNDS IN FURTHERANCE OF USRF'S EXEMPT MISSION, USRF WILL MAKE SITE VISITS, PARTICIPATE IN GRANTEE EVENTS, REVIEW RELEVANT REPORTS, AND MEET WITH GRANTEE IN PERSON. USRF PROVIDES OVERSIGHT TO EACH GRANTEE: 1. A GRANT MANAGER IS ASSIGNED TO EACH GRANTEE, 2. THERE IS EXTENSIVE INTERACTION WITH EACH GRANTEE ON THE DEVELOPMENT OF ITS PROPOSAL TO ENSURE THAT GRANT FUNDS WILL ONLY BE USED FOR PURPOSES AGREED UPON, 3. CONTRACTS ARE SIGNED THAT OUTLINE HOW THE GRANT FUNDS WILL BE USED, 4. PERIODIC REPORTS ARE REQUIRED TO ENSURE THAT MILESTONES ARE REACHED, 5. A GRANT MANAGER WILL MAKE A SITE VISIT, AND 6. A FINAL REPORT, INCLUDING AN ACCOUNTING OF THE USE OF THE FUNDS, IS REQUIRED. PART III ACCOUNTING METHOD: 1 GLOBAL ENTREPRENEURSHIP NETWORK 4527 17TH STREET N ARLINGTON VA 22207 522315929 501(C)(3) 1714426 PUBLIC SUPPORT AMERICAN BAR ASSOCIATION FUND FOR JUSTICE AND EDUCATION 321 NORTH CLARK STREET CHICAGO IL 60654 366110299 501(C)(3) 187500 PUBLIC SUPPORT WILD SALMON CENTER 721 NW 9TH AVENUE SUITE 300 PORTLAND OR 97209 943166095 501(C)(3) 151073 PUBLIC SUPPORT AMERICAN COUNCILS FOR INTERNATIONAL EDUCATION 1828 L STREET NW SUITE 1200 WASHINGTON DC 20036 521067256 501(C)(3) 119181 PUBLIC SUPPORT INDIANA UNIVERSITY MAURER SCHOOL OF LAW 509 E 3RD STREET BLOOMINGTON IN 47401 356001673 501(C)(3) 100000 PUBLIC SUPPORT THE HARRIMAN INSTITUTE AT COLUMBIA UNIVERSITY 615 W 131ST STREET SUITE 600 NEW YORK NY 10027 135598093 501(C)(3) 89000 PUBLIC SUPPORT PURE LAND LLC 147 BROADWAY SUITE 2 BROOKLYN NY 11211 831099259 N/A 75000 PUBLIC SUPPORT BARD COLLEGE 30 CAMPUS ROAD ANNANDALEONHUDSON NY 12504 141713034 501(C)(3) 70000 PUBLIC SUPPORT STREET LAW INC 1010 WAYNE AVENUE SUITE 870 SILVER SPRING MD 20910 522015256 501(C)(3) 58000 PUBLIC SUPPORT PEN AMERICA CENTER 588 BROADWAY SUITE 303 NEW YORK NY 10012 133447888 501(C)(3) 56000 PUBLIC SUPPORT POST TRUTH INC 21515 HAWTHORNE BOULEVARD SUITE 450 450 TORRANCE CA 90503 833325213 N/A 52338 PUBLIC SUPPORT WSOS COMMUNITY ACTION COMMISSION INC 127 S FRONT STREET PO BOX 590 FREMONT OH 43420 340975934 501(C)(3) 50000 PUBLIC SUPPORT GERALD R FORD SCHOOL OF PUBLIC POLICY UNIVERSITY OF MICHIGAN JOAN SANFORD WEILL HALL 735 S STATE ST ANN ARBOR MI 48109 386006309 501(C)(3) 50000 PUBLIC SUPPORT POLESTAR VIDEO VENTURES INC 541 JEFFERSON AVENUE SUITE 100 REDWOOD CITY CA 94063 831307045 N/A 47000 PUBLIC SUPPORT FREE RUSSIA FOUNDATION 1300 PENNSYLVANIA AVENUE NW 700 WASHINGTON DC 20004 472437810 501(C)(3) 45000 PUBLIC SUPPORT EURASIANET INC 420 W 118TH STREET ROOM 1226 NEW YORK NY 10027 810691279 501(C)(3) 44310 PUBLIC SUPPORT STRATA POLICY 255 SOUTH MAIN STREET LOGAN UT 84321 455339959 501(C)(3) 40000 PUBLIC SUPPORT GEORGIA INSTITUTE OF TECHNOLOGY 926 DALNEY STREET NW ATLANTA GA 30332 580603146 501(C)(3) 40000 PUBLIC SUPPORT ASSOCIATION FOR SLAVIC EAST EUROPEAN AND EURASIAN STUDIES 203C BELLEFIELD HALL UNIVERSITY OF PITTSBURGH PITTSBURGH PA 15260 310785029 501(C)(3) 40000 PUBLIC SUPPORT TRUSTEES OF TUFTS COLLEGE 136 HARRISON AVENUE BOSTON MA 02111 042103634 501(C)(3) 37500 PUBLIC SUPPORT THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY 485 BROADWAY REDWOOD CITY CA 94063 941156365 501(C)(3) 32500 PUBLIC SUPPORT HOWARD UNIVERSITY 525 BRYANT STREET NW SUITE 137 WASHINGTON DC 20059 530204707 501(C)(3) 31000 PUBLIC SUPPORT GEORGE MASON UNIVERSITY 4400 UNIVERSITY DRIVE FAIRFAX VA 22030 540836354 501(C)(3) 29843 PUBLIC SUPPORT EMORY UNIVERSITY 1599 CLIFTON ROAD NE ATLANTA GA 30322 580566256 501(C)(3) 25000 PUBLIC SUPPORT UNIVERSITY OF KANSAS CENTER FOR RESEARCH INC 2385 IRVING HILL ROAD LAWRENCE KS 66045 480680117 501(C)(3) 25000 PUBLIC SUPPORT UNIVERSITY OF ARIZONA 888 N EUCLID AVENUE TUCSON AZ 85719 742652689 501(C)(3) 24000 PUBLIC SUPPORT AMERICAN LIBRARY ASSOCIATION 50 E HURON STREET CHICAGO IL 60611 362166947 501(C)(3) 24000 PUBLIC SUPPORT WORLD WILDLIFE FUND 1250 24TH STREET NW WASHINGTON DC 20037 521693387 501(C)(3) 20000 PUBLIC SUPPORT UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL 104 AIRPORT DRIVE SUITE 2200 CAMPUS BOX 1350 CHAPEL HILL NC 27599 566001393 501(C)(3) 15500 PUBLIC SUPPORT REBUILD FOR PEACE INC 1301 CHIMES BOULEVARD SOUTH BEND IN 46615 821075775 501(C)(3) 15000 PUBLIC SUPPORT CENTER FOR EUROPEAN POLICY ANALYSIS 1275 PENNSYLVANIA AVENUE NW SUITE 400 WASHINGTON DC 20004 208247530 501(C)(3) 11000 PUBLIC SUPPORT 28 3 PART I, LINE 2: USRF EMPLOYS THE SAME CRITERIA TO MONITOR GRANTS MADE WITHIN THE UNITED STATES AS IT DOES FOR GRANTS MADE OUTSIDE THE UNITED STATES. PLEASE REFER TO SCHEDULE F, PART V, FOR A DETAILED DESCRIPTION OF THE ORGANIZATION'S GRANT MONITORING PROCESS. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 CELESTE WALLANDER CHIEF EXECUTIVE OFFICER 299731 0 0 0 3700 0 57000 0 18115 0 378546 0 0 0 ALAN GRIFFIN COO/CFO 244435 0 0 0 4533 0 57000 0 29748 0 335716 0 0 0 REBEKAH STROMAN CHIEF OF STAFF 119950 0 0 0 4143 0 29988 0 7357 0 161438 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 DELAWARE NONSTOCK CORPORATIONS HAVE MEMBERS PURSUANT TO SECTION 102(A)(4) OF THE DELAWARE GENERAL CORPORATION LAW. THE MEMBERS ELECT THE DIRECTORS AND HAVE CERTAIN RIGHTS OF APPROVAL AS MEMBERS AS PROVIDED BY DELAWARE LAW. THE ORGANIZATION'S CERTIFICATE OF INCORPORATION PROVIDES THAT THE MEMBERS OF THE CORPORATION SHALL BE THE U.S. DIRECTORS. FURTHERMORE, IF AT ANY TIME AND FOR ANY REASON ANY MEMBER SHALL CEASE TO BE A U.S. DIRECTOR, SUCH PERSON SHALL SIMULTANEOUSLY CEASE TO BE A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A SEE EXPLANATION FOR PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION A, LINE 7B SEE EXPLANATION FOR PART VI, SECTION A, LINE 6. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FEDERAL FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED IN DETAIL WITH THE ORGANIZATION PRIOR TO FILING. CHIEF FINANCIAL OFFICER, ALAN GRIFFIN, COORDINATES WITH MARCUM LLP TO PROVIDE AN ACCURATE AND REPRESENTATIVE FORM 990. A COPY OF THE DRAFT FEDERAL FORM 990 IS PROVIDED TO EACH DIRECTOR OF THE U.S. RUSSIA FOUNDATION FOR ECONOMIC ADVANCEMENT AND RULE OF LAW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL CURRENT AND FORMER DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO PROMPTLY DISCLOSE ALL MATERIAL FACTS RELATING TO ANY ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST. IN ADDITION, EACH PERSON MUST COMPLETE A QUESTIONNAIRE CONCERNING CONFLICTS OF INTEREST ANNUALLY, AND UPON ANY CHANGE OF CIRCUMSTANCE, WHICH SHALL BE REVIEWED BY THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 USRF UNDERTAKES A RIGOROUS PROCESS TO ENSURE THAT THE COMPENSATION IT PAYS TO ITS OFFICERS IS REASONABLE. THIS PROCESS INCLUDES THE REVIEW OF THE FORM 990 AND EMPLOYMENT CONTRACTS OF OTHER ORGANIZATIONS ALONG WITH CONDUCTING A COMPENSATION STUDY. THE BOARD OF DIRECTORS HAS ESTABLISHED A COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT PERSONS WHO HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION ARRANGEMENT. THE USRF COMPENSATION COMMITTEE MUST APPROVE THE COMPENSATION, WITHOUT INPUT OR VOTING PARTICIPATION BY THE PERSON WHOSE COMPENSATION IS BEING APPROVED OR BY ANY OTHER INDIVIDUAL WITH A CONFLICT OF INTEREST. THE FINAL DETERMINATION IS THEN DOCUMENTED IN COMMITTEE MINUTES. THOSE MINUTES WILL CONTAIN THE TERMS OF THE PROPOSED COMPENSATION AND DECISIONS OF THOSE INDIVIDUALS WHO VOTED ON THE COMPENSATION. USRF LAST CONDUCTED ITS COMPENSATION STUDY ON MARCH 2018. FORM 990, PART VI, SECTION C, LINE 19 USRF MAKES ITS FORM 990 AND FORM 1023 AVAILABLE TO THE PUBLIC BY RETAINING A COPY OF EACH AT THE ADDRESS LISTED ON PAGE 1 OF THIS RETURN. ANY INDIVIDUAL REQUESTING A COPY OF THESE DOCUMENTS IS PROVIDED THAT COPY. THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: RECOVERIES OF PRIOR YEAR GRANTS 162,456. THE US RUSSIA INVESTMENT FUND LLC 1230 17TH STREET NW WASHINGTON DC 20036 133837559 INVESTMENTS DE 3017495 155553425 US RUSSIA FOUNDATION FOR ECONOMIC ADVANCEMENT AND THE RULE OF LAW