2020-08-21T06:13:56-07:00 2019-12-31 134036703 SCHALL & ASHENFARB CPAS 307 5th Ave 15th Floor NEW YORK NY 100166517 990 2019-01-01 132989216 The Netherland-America Foundation Inc NETH 2128251221 505 Eighth Avenue New York NY 10018 Andy J Bender Chairman 2020-08-21 true Michael Schall P02024184 2122682800 2019 2020-11-19 02:30:22Z Andy J Bender 505 Eighth Avenue 12A05 New York NY 10018 7310774 false X www.thenaf.org X 1921 NY Strengthen bonds between The Netherlands and the United States of America through exchange in the arts, sciences, education,business and public affairs. 37 37 4 200 0 6649957 2222997 0 139083 278394 0 6789040 2501391 5547184 1944395 0 238074 237078 67000 53000 226847 337997 451452 6190255 2685925 598785 -184534 8514563 8048720 982024 164152 7532539 7884568 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 2277323 1944395 A. Education:NAF-FULBRIGHT FELLOWSHIPSAwarded to Dutch and American students pursuing graduate level studies at universities in each others countries, funded by proceeds from the Peter Stuyvesant Ball and the Wilhelmina and Leendert Reuvers Educational Fund. In 2019, 14 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, funded by proceeds from the NAF Ambassadors Awards Dinner. In 2019 five Dutch students attended a summer institute at George Mason University with internships on Capitol Hill, raised by the NAF Ambassadors Awards Dinner in Washington, D.C.INTERNSHIP GRANTSAwarded to minority and economically disadvantaged Dutch students through the Dekker-Padget Dutch2USA Internship Program. In 2019 we expanded greatly upon the Dekker-Padget Dutch2USA Internship Program, supporting minority and economically challenged Dutch students to participate in internships in the U.S. Thirty-six students received 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. Funding sources include the Maarten van Hengel Memorial Fund, Mark Pigott Family Education Fund, Samuel Freeman Charitable Trust and NAF Study Loan Fund. In 2019 five Dutch and American graduate students received interest-free loans to pursue advanced studies. J1 VISA SPONSORSHIPIn 2019, 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 2019 the NAF supported 30 exhibitions, performances and other cultural events, including support for exhibitions at the Denver Art Museum and The Museum of Fine Art Houston in cultural grants.BUSINESS EXCHANGESupporting the exchange of viewpoints, expertise and ideas amongst members of the business community at NAF meetings and lectures.NAF CHAPTERS The 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. Through our nine chapters, we organized over 70 business, cultural and social networking events. Our Southern California Chapter organized the 16th annual three-city Princess Christina Concours classical concert tour.In partnership with the Embassy of the Netherlands in the United States we continued to expand and maintain a comprehensive list of Dutch Researchers in the USA that was developed by the NAF in 2016.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 2019, through our Friends Fund and Donor Advised Programs, we made 12 grants to universities, museums, cultural institutions and projects in the Netherlands and the U.S. During 2019, we added 3 new Friends to the program: Stichting Free a Girl, Health (e) Foundation, and Stichting Sheltersuit. 2277323 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 false false false false false false false false false true false false false false false false false false true 5 0 true 4 true false true OC false false false true true false 0 false false false false true false false false false false X 37 37 false false false false true true false true true false true true true true true true true true true false false CA NY X X X Yvonne Simons 2128251221 505 Eighth Avenue Ste 12A05 New York NY 10018 Yvonne Simons Executive Dir. 40.00 0.00 X 105000 0 14274 Jan J H Joosten 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 Paul G Beiboer Director 4.00 0.00 X 0 0 0 Andy J Bender Director 4.00 0.00 X 0 0 0 Ennius E Bergsma Director 4.00 0.00 X 0 0 0 Merjin Boender Director 4.00 0.00 X 0 0 0 Timothy 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 Ronald den Elzen Director 4.00 0.00 X 0 0 0 James H Dykstra Director 4.00 0.00 X 0 0 0 Kurt Dykstra Director 4.00 0.00 X 0 0 0 Andrew J Enschede 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 J Guitjens Director 4.00 0.00 X 0 0 0 Ottho Heldring Director 4.00 0.00 X 0 0 0 Paul Klassen 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 Theodore Prudon 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 Director 4.00 0.00 X 0 0 0 Rudolf Molkenboer Director 4.00 0.00 X 0 0 0 Henry R Berghoef Retired 6/19 4.00 0.00 X 0 0 0 Mia Mochizuki Retired 6/19 4.00 0.00 X 0 0 0 Thomas H Wysmuller Retired 6/19 4.00 0.00 X 0 0 0 Ruurd Weulen Kranenberg Retired 6/19 4.00 0.00 X 0 0 0 Fay Hartog-Levin Retired 6/19 4.00 0.00 X 0 0 0 105000 14274 1 false false false 0 895714 1327283 128475 2222997 0 199401 199401 0 0 0 4477086 4398093 78993 78993 78993 411290 895714 411290 0 0 0 0 2501391 278394 81250 81250 142909 142909 1720236 1720236 0 119274 71564 23855 23855 0 89733 72536 16597 600 0 13729 10926 2551 252 14342 9983 2769 1590 0 0 0 0 53000 53000 23937 23937 73604 60704 12900 0 12908 8985 2491 1432 0 0 54321 37807 10488 6026 6032 4133 1233 666 0 0 0 0 0 6533 4547 1260 726 Special Event Expense 124104 124104 Chapter Expense 92248 92248 Miscellaneous 39756 9553 30203 Telephone 6542 4556 1262 724 11467 6090 4405 972 2685925 2277323 181755 226847 150030 351779 2893554 1498278 886845 913094 449779 436203 0 0 0 0 17013 18526 7701 7701 0 4101642 4815040 0 0 0 15700 15800 8514563 8048720 107542 73728 848404 69611 7078 1813 19000 19000 982024 164152 X 3725497 4424663 3807042 3459905 7532539 7884568 8514563 8048720 X -184534 537105 -542 X false true X true false X 1781527 1579246 5860386 6649957 2222997 18094113 0 0 1781527 1579246 5860386 6649957 2222997 18094113 6736524 11357589 68743 130632 121751 147241 199401 667768 0 0 18761881 0.60540 0.57290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true 7701 7701 X 3014017 537105 537105 2476912 23937 542 24479 2501391 2661988 2661988 23937 23937 2685925 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, 2015 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 $542 true Europe 0 0 Program services Cultural grants & scholarships 1720236 Europe 0 0 Fundraising Fundraising event 108339 1828575 1828575 Europe Cultural Grants 1468335 1 J1 Visa Program Europe 25 138330 Reuvers fellowship Europe 5 75000 Wire Velmans Fellowship Europe 1 25000 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 1007586 53000 954586 false 1007586 53000 954586 Peter Stuyvesant Ball 794491 570658 223833 165369 24233 34232 WDC Event 213095 173988 39107 39107 2 299418 151068 148350 148349 1307004 895714 411290 165369 24233 221688 411290 true Soloman R Guggenheim Fdn 1071 Fifth Ave New York NY 10128 135562233 170(b)1(A)vi 10000 0 Fair Value Cultural Grants The Library of Congress 101 Independence Avenue SE Washington DC 20540 536002532 170(c)(1) 10000 0 Fair Value Research and educational activities 1 1 PSB US Fellowships 9 128766 NYC Marathon Fellowship 1 14143 Other Cultural Grants 32 81250 X 2 90975 FMV 1 37500 Appraisal 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 Decreases Foreign Exchange Loss = -$542