2021-09-20T12:40:17-07:00 2020-12-31 134036703 SCHALL & ASHENFARB CPAS 307 5th Ave 15th Floor NEW YORK NY 10016 990 2020-01-01 132989216 The Netherland-America Foundation Inc NETH 2128251221 505 Eighth Avenue 12A05 New York NY 10018 Michiel van Schaardenburg Treasurer 2021-09-20 true Michiel van Schaardenburg 999009999 Michael Schall P02024184 2122682800 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Andy J Bender 505 Eighth Avenue 12A05 New York NY 10018 5437193 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. 40 40 5 200 0 2222997 1144234 0 278394 452679 0 2501391 1596913 1944395 1059412 0 237078 285353 53000 58500 193195 451452 366973 2685925 1770238 -184534 -173325 8048720 7985815 164152 259453 7884568 7726362 Building on the enduring heritage and values shared between the peoples of the Netherlands and the United States, the Netherland-America Foundation (NAF) seeks to further strengthen the bonds between our two countries through exchange in the arts, sciences, education, business and public affairs. false false 1377586 1059412 A. Education:NAF-FULBRIGHT FELLOWSHIPSAwarded to Dutch and American students pursuing graduate level studies at universities in each others countries. In 2020, 9 students received NAF-Fulbright Fellowships for post-graduate studies in the Netherlands or the U.S.SCHOLARSHIPSAwarded to Dutch students for summer academic study and internships in Washington, DC. In 2020, five students received this scholarship. INTERNSHIP GRANTSAwarded to high-achieving minority and low-income Dutch students. In 2020, 18 students were awarded internship grants.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. In 2020, five Dutch and American graduate students received interest-free loans to pursue advanced studies.J1 VISA SPONSORSHIPIn 2020, NAF continued to provide J-1 Visas for Dutch students participating in internships or traineeships in the United States.B. Cultural, Business and Public Affairs ExchangeSupporting exchange between the United States and the Netherlands, for all areas of the arts. Both emerging artists as well as established organizations are eligible. In 2020 the NAF supported 8 exhibitions, performances, and other cultural events,BUSINESS EXCHANGESupporting the exchange of viewpoints, expertise, and ideas amongst members of the business community at NAF meetings and lectures.NAF CHAPTERSThe NAF has chapters in Boston, Chicago, Houston, New York, Northern California, Southern California, Washington, DC, West Michigan, and the Netherlands, as well as an active alumni network, both in the Netherlands and the United States. C. 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. In 2020, through our Friends Fund and Donor Advised Programs, we made grants to 16 universities, museums, cultural institutions, and projects in the Netherlands and the U.S. 1377586 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 false true false false false false false false false false false true false false false false false false false false true 7 0 true 5 true false true OC false false false true true false 0 false false false false true false false false false false X 40 40 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 Yvonne Simons until 83020 Executive Dir. 32.00 0.00 X 96373 0 14416 Willemijn Keizer sinc 101220 Executive Dir. 40.00 0.00 X 34041 0 1860 Andy J 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 C Wessels-Yen Secretary 8.00 0.00 X X 0 0 0 Theodore HM Prudon Director 4.00 0.00 X 0 0 0 Henk J Guitjens Director 4.00 0.00 X 0 0 0 James H Dykstra Director 4.00 0.00 X 0 0 0 Merjin Boender Director 4.00 0.00 X 0 0 0 Manon Cox Director 4.00 0.00 X 0 0 0 Jan Louis Burggraaf Director 4.00 0.00 X 0 0 0 Timothy Broas 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 Ennius E Bergsma 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 Jan JH Joosten Director 4.00 0.00 X 0 0 0 Ottho Heldring Director 4.00 0.00 X 0 0 0 Paul Klaassen Director 4.00 0.00 X 0 0 0 Charles L Laurey Director 4.00 0.00 X 0 0 0 Albert J Laverge Director 4.00 0.00 X 0 0 0 Bas NieuweWeme Director 4.00 0.00 X 0 0 0 Robert G Ottenhoff Director 4.00 0.00 X 0 0 0 Paul G Beiboer Director 4.00 0.00 X 0 0 0 Ralf D van der Ven Director 4.00 0.00 X 0 0 0 Iwan van der Vinne Director 4.00 0.00 X 0 0 0 Jan Willem van Drimmelen Director 4.00 0.00 X 0 0 0 Marc C van Gelder Director 4.00 0.00 X 0 0 0 Maarten R 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 Hugo P Verdegaal Director 4.00 0.00 X 0 0 0 C Jurjan Wouda Kuipers Director 4.00 0.00 X 0 0 0 Judith Hernstadt Director 4.00 0.00 X 0 0 0 Catharina Lurken Director 4.00 0.00 X 0 0 0 Maggie Timoney Director 4.00 0.00 X 0 0 0 Eleanna van Vliet Director 4.00 0.00 X 0 0 0 130414 16276 0 false false false 0 428382 715852 58088 1144234 0 121418 121418 0 0 0 4144875 3813614 331261 331261 331261 26666 428382 26666 0 0 0 0 1596913 452679 0 93308 93308 966104 966104 0 145087 94359 25364 25364 0 104846 85581 11497 7768 1710 1509 131 70 15780 12892 1683 1205 17930 13030 2593 2307 0 0 0 0 58500 58500 25578 25578 96039 96039 0 41867 30427 6053 5387 0 0 56440 41016 8162 7262 1144 832 165 147 0 0 0 0 1290 937 187 166 6761 4914 977 870 Special Event Expense 82430 82430 Chapter Expense 22850 22850 Miscellaneous 14120 123 13997 Office Equipment 6600 4794 956 850 11854 4910 6075 869 1770238 1377586 199457 193195 351779 788693 1498278 969074 913094 559068 436203 365217 0 0 0 0 18526 14765 9775 3324 6451 4815040 5271597 0 0 0 15800 10950 8048720 7985815 73728 142116 69611 45757 1813 9468 19000 19000 43112 164152 259453 X 4424663 4528585 3459905 3197777 7884568 7726362 8048720 7985815 X -173325 15119 X false true X true false X 1579246 5860386 6649957 2222997 1144234 17456820 0 0 1579246 5860386 6649957 2222997 1144234 17456820 6211682 11245138 130632 121751 147241 199401 121418 720443 0 0 18177263 0.61860 0.60540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true 9775 3324 6451 6451 X 1586454 1586454 25578 -15119 10459 1596913 1744660 1744660 25578 25578 1770238 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, 2017 and later are subject to examination by applicable taxing authorities. true Europe 0 0 Program services Cultural grants & scholarships 966104 Europe 0 0 Fundraising Fundraising event 0 966104 966104 Europe Cultural Grants 812777 1 Cultural Grants Europe 1 2000 Wire J1 Visa Program Europe 9 72894 Wire Reuvers fellowship Europe 3 78433 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 354629 58500 296129 false 354629 58500 296129 Peter Stuyvesant Ball 236759 213270 23489 12484 11005 WDC Event 117870 117256 614 614 2 100419 97856 2563 2563 455048 428382 26666 12484 14182 26666 true 0 0 PSB US Fellowships 93308 X 7 58088 FMV false false false 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 15b: Compensation Review and Approval Process for Officers and Key Employees 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 a deliberation of this matter, a new 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 Increases Bad debt recovery = $0 Other Changes In Net Assets Or Fund Balances - Other Increases Foreign exchange gain = $15119