2019-09-23T14:30:21-07:00 2018-12-31 134036703 SCHALL & ASHENFARB CPAS 307 5th Ave 15th Floor NEW YORK NY 100166517 990 2018-01-01 132989216 The Netherland-America Foundation Inc NETH 2128251221 505 Eighth Avenue New York NY 10018 Michiel van Schaardenburg Treasurer 2019-09-23 true Michael Schall P02024184 2122682800 2018 2019-02-21 02:37:17Z Jan J H Joosten 505 Eighth Avenue 12A05 New York NY 10018 10108720 false 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. 39 39 3 200 0 5860386 6649957 0 161890 139083 0 6022276 6789040 3789939 5547184 0 206428 238074 54000 67000 198109 385828 337997 4436195 6190255 1586081 598785 7788062 8514563 450729 982024 7337333 7532539 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 5869905 5558487 EDUCATION: NAF-FULBRIGHT FELLOWSHIPSAwarded to Dutch and American students pursuing graduate level studies at universities in each other's countries, funded by proceeds from the Peter Stuyvesant Ball and the Wilhelmina and Leendert Reuvers Educational Fund. In 2018 15 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 2018 four 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 2018 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. Thirteen 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 2018 11 Dutch and American graduate students received interest-free loans to pursue advanced studies. J1 VISA SPONSORSHIPNew in 2018, NAF provides J-1 Visas for Dutch students participating in internships or traineeships in the United States.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 2018 the NAF supported 26 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.BOOK TOURSShowcasing internationally recognized scholars and writers from the Netherlands in presentations throughout the NAF chapter network. 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 15th 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.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 2018, through our Friends Fund and Donor Advised Programs, we made 20 grants to universities, museums, cultural institutions and projects in the Netherlands and the U.S. During 2018, we added 3 new Friends to the program: Stichting Funds for Excellence of the Royal Conservatory, the Figura Nova Foundation and the Viola Viola Foundation. 5869905 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 false false false true false false false false false false false false true 4 0 true 3 true false false true OC false false false true true false 0 false false false false true false false false false false false false X 39 39 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 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 Eva M Das Secretary 8.00 0.00 X X 0 0 0 Paul G Beiboer Director 4.00 0.00 X 0 0 0 Andy Bender Director 4.00 0.00 X 0 0 0 Henry Berghoef Director 4.00 0.00 X 0 0 0 Ennius E Bergsma Director 4.00 0.00 X 0 0 0 Merijn Boender Director 4.00 0.00 X 0 0 0 Jan Louis Burggraaf Director 4.00 0.00 X 0 0 0 Michael Enthoven 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 Ton Gardeniers Director 4.00 0.00 X 0 0 0 Hans Gieskes Director 4.00 0.00 X 0 0 0 Henk K Guitjens Director 4.00 0.00 X 0 0 0 Fay Hartog-Levin Director 4.00 0.00 X 0 0 0 Ottho Heldring Director 4.00 0.00 X 0 0 0 Paul J 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 Mia M Mochizuki Director 4.00 0.00 X 0 0 0 Rudolf Molkenboer 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 Hugo P Verdegaal Director 4.00 0.00 X 0 0 0 Theodore HM Prudon 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 Amber Wessels-Yen Director 4.00 0.00 X 0 0 0 Ruurd Weulen Kranenburg Director 4.00 0.00 X 0 0 0 C Jurjan Wouda Kuipers Director 4.00 0.00 X 0 0 0 Thomas Wysmuller Director 4.00 0.00 X 0 0 0 Manon MJ Cox Director 4.00 0.00 X 0 0 0 Yvonne Simons Executive Dir. 32.00 0.00 X 34032 0 4393 Angela Molenaar Executive Dir. 40.00 0.00 X 107774 0 9610 141806 14003 1 false false false 0 596080 567882 5485995 2653538 6649957 0 147241 147241 0 0 0 3096597 3104755 -8158 -8158 -8158 214925 596080 214925 0 0 0 0 6789040 139083 57800 57800 186281 186281 5303103 5303103 0 157505 110253 23626 23626 0 53667 42934 2683 8050 0 11784 8952 1065 1767 15118 10994 1856 2268 0 0 0 0 67000 67000 10073 10073 52321 52321 0 19821 14415 2433 2973 0 0 52384 38094 6432 7858 2905 2112 357 436 0 0 0 0 722 525 89 108 6500 4728 797 975 Special Event Expense 80524 80524 Chapter Expense 52893 52893 Miscellaneous 43024 24580 18444 Telephone 7996 5816 981 1199 8834 6425 1084 1325 6190255 5869905 122241 198109 455218 150030 2396771 2893554 47038 886845 452667 449779 0 0 0 0 2563 17013 7701 7701 722 0 4418283 4101642 0 0 0 14800 15700 7788062 8514563 54004 107542 373795 848404 3930 7078 19000 19000 450729 982024 X 4802143 3725497 2535190 3807042 7337333 7532539 7788062 8514563 X 598785 -415725 12146 X false true X true false X 1115836 1781527 1579246 5860386 6649957 16986952 0 0 1115836 1781527 1579246 5860386 6649957 16986952 6942867 10044085 75271 68743 130632 121751 147241 543638 0 0 17530590 0.57290 0.68580 X false true 7701 7701 X 6375388 -415725 12146 -403579 6778967 10073 10073 6789040 6180182 6180182 10073 10073 6190255 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 2d: Other revenue amounts included in F/S but not included on form 990 Foreign exchange loss $-14512 Bad debt recovery $26658 true Europe 0 0 Program services Cultural grants & scholarships 5202573 5202573 5202573 Cultural 5118073 Wire 1 Educational Scholarships Europe 4 84500 Wire J1 Visa Program Europe 12 100530 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 772158 67000 705158 false 772158 67000 705158 Peter Stuyvesant Ball 587335 424127 163208 114493 20720 27995 NAF Gala Awards Dinner 184823 149271 35552 31062 4490 1 38847 22682 16165 16165 811005 596080 214925 145555 20720 48650 214925 true Carnegie Hall 881 7th Avenue New York NY 10019 131923626 501(c)(3) 10000 0 Cultural Programs Museum of Fine Arts Houston 1001 Bissonnet Street Houston TX 77005 741109655 501(c)(3) 7500 0 Cultural Programs New York Philharmonic 10 Lincoln Center New York NY 10023 131664054 501(c)(3) 7000 0 Cultural Programs 3 0 Fellowships 11 157031 Cultural Program Grant 7 29250 X 2 2650821 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 At the time of contract renewal, 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 Executive Committee 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 = $26658 Other Changes In Net Assets Or Fund Balances - Other Increases Foreign exchange gain = $0 Other Changes In Net Assets Or Fund Balances - Other Decreases Foreign Exchange Loss = -$14512