2018-10-16T12:23:37-07:00 2017-12-31 134036703 SCHALL & ASHENFARB CPAS 307 5th Ave 15th Floor NEW YORK NY 100166517 990 2017-01-01 132989216 The Netherland-America Foundation Inc NETH 2128251221 505 Eighth Avenue New York NY 10018 Michiel van Schaardenburg Treasurer 2018-10-16 true Michael Schall P02024184 2122682800 2017 2018-06-14 16:35:46Z Jan J H Joosten 82 Wall St Suite 709 New York NY 10005 6798202 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. 38 38 2 150 0 1579246 5860386 0 181111 161890 0 1760357 6022276 862666 3789939 0 208660 206428 68500 54000 195659 419827 385828 1559653 4436195 200704 1586081 5428696 7788062 135346 450729 5293350 7337333 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 4126579 3802130 Creation of a Dutch-American network with eight chapters across the U.S. and in the Netherlands.A scholarship program for Dutch students to attend a summer academic program and participate in internships in Washington, D.C. By the end of 2018, 28 Dutch students have benefited from the scholarship program.The NAF-Fulbright designation, enabling the Foundation to offer one of the most prestigious academic awards in the United States to American and Dutch scholars studying in the other country. The NAF has supported over 475 fellowships over the history of the program.Three-year interest-free study loan program supporting the exchange of Dutch and American students at universities in the other country. The NAF has made approximately 370 loans over the course of the program.A program of cultural exchange, providing an average of 30 grants annually for the exchange of talent between the U.S. and the Netherlands.NAF-Biz Networking Events, bringing together Dutch and American business people on a wide range of timely issues, in up to 70 distinct events annually across the NAF chapter regions.Development of a Friend Fund program to assist Dutch cultural, educational and charitable institutions to raise funds in the United States. The NAF currently supports 28 Dutch institutions through the program. 4126579 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 true false false false false false false false false true 5 0 true 2 true false false true OC false false false false false 0 false false false false true false false false false false X 38 38 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 Angela Molenaar 2128251221 505 Eighth Avenue 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 6.00 0.00 X X 0 0 0 Paul G Beiboer Director 2.00 0.00 X 0 0 0 Andy Bender Director 4.00 0.00 X 0 0 0 Henry Berghoef Director 2.00 0.00 X 0 0 0 Ennius E Bergsma Director 2.00 0.00 X 0 0 0 Merijn Boender Director 8.00 0.00 X 0 0 0 Jan Louis Burggraaf Director 2.00 0.00 X 0 0 0 Manon Cox Director 4.00 0.00 X 0 0 0 Ronald den Elzen Director 2.00 0.00 X 0 0 0 James H Dykstra Director 8.00 0.00 X 0 0 0 Kurt Dykstra Director 2.00 0.00 X 0 0 0 Andrew J Enschede Director 2.00 0.00 X 0 0 0 Ton Gardeniers Director 4.00 0.00 X 0 0 0 Hans Gieskes Director 2.00 0.00 X 0 0 0 Henk K Guitjens Director 8.00 0.00 X 0 0 0 Fay Hartog-Levin Director 2.00 0.00 X 0 0 0 Ottho Heldring Director 2.00 0.00 X 0 0 0 Paul J Klaassen Director 2.00 0.00 X 0 0 0 Charles L Laurey Director 2.00 0.00 X 0 0 0 Albert J Laverge Director 2.00 0.00 X 0 0 0 Mia M Mochizuki Director 2.00 0.00 X 0 0 0 Rudolf Molkenboer Director 2.00 0.00 X 0 0 0 Bas NieuweWeme Director 2.00 0.00 X 0 0 0 Robert G Ottenhoff Director 2.00 0.00 X 0 0 0 John M Palms Director 6.00 0.00 X 0 0 0 Theodore HM Prudon Director 6.00 0.00 X 0 0 0 Iwan van der Vinne Director 4.00 0.00 X 0 0 0 Jan Willem van Drimmelen Director 2.00 0.00 X 0 0 0 Marc C van Gelder Director 2.00 0.00 X 0 0 0 Maarten R van Hengel Director 4.00 0.00 X 0 0 0 Elizabeth van Schilfgaarde Director 2.00 0.00 X 0 0 0 Johannes Van Tilburg Director 2.00 0.00 X 0 0 0 Amber Wessels-Yen Director 2.00 0.00 X 0 0 0 Ruurd Weulen Kranenburg Director 2.00 0.00 X 0 0 0 C Jurjan Wouda Kuipers Director 2.00 0.00 X 0 0 0 Thomas Wysmuller Director 2.00 0.00 X 0 0 0 Angela Molenaar Executive Dir. 40.00 0.00 X 166908 0 11874 166908 11874 1 false true false 0 638062 117684 5104640 3030313 5860386 0 123751 123751 0 0 0 607906 569767 38139 38139 38139 206159 638062 206159 0 0 0 0 6022276 161890 53268 53268 120009 120009 3616662 3616662 0 120192 84134 18029 18029 0 47345 37878 2366 7101 0 24631 17939 2998 3694 14260 10385 1736 2139 0 0 0 0 54000 54000 12539 12539 43572 43572 0 13216 9624 1609 1983 0 0 50365 36680 6131 7554 4286 3122 522 642 0 0 0 0 1532 1117 186 229 6737 4907 819 1011 Special Event Expense 96872 96872 Miscellaneous 61254 42765 18489 Chapter Expense 47943 44933 3010 Bad Debt Expense 31487 31487 16025 11669 1951 2405 4436195 4126579 113957 195659 150384 455218 753695 2396771 139728 47038 495434 452667 0 0 0 0 4633 2563 7701 6979 2254 722 3867568 4418283 0 0 0 15000 14800 5428696 7788062 112061 54004 373795 4285 3930 19000 19000 135346 450729 X 3394760 4802143 1898590 2535190 5293350 7337333 5428696 7788062 X 1586081 418246 39656 X false true X true false X 939827 1115836 1781527 1579246 5860386 11276822 0 0 939827 1115836 1781527 1579246 5860386 11276822 3151394 8125428 175633 75271 68743 130632 121751 572030 0 0 11848852 0.68580 0.78060 X false true 7701 6979 722 722 X 6467657 418264 39656 457920 6009737 12539 12539 6022276 4423656 4423656 12539 12539 4436195 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, 2014 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 gain $39656 true Europe 0 0 Program services Cultural grants & scholarships 3616662 3616662 3616662 Cultural 3476262 Wire 1 Educational Scholarships Europe 6 140400 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 778530 54000 724530 false 778530 54000 724530 Peter Stuyvesant Ball 593485 457566 135919 99137 20350 16432 NAF Gala Awards Dinner 185045 148870 36175 33916 2259 1 65691 31626 34065 15678 18387 844221 638062 206159 148731 20350 37078 206159 true Francis Loeb Art Center 124 Raymond Avenue Poughkeepsie NY 12603 135598090 501(c)(3) 6000 0 Cultural Programs Museum of Fine Arts Boston 465 Huntington Ave Boston MA 02115 042103607 501(c)(3) 10000 0 Cultural Programs Rice University 6100 Main Street Houston TX 77005 741109620 501(c)(3) 6000 0 Cultural Programs 3 0 Fellowships 8 104609 Cultural Program Grant 5 15400 X false false false false false false false false false false Angela Molenaar Executive Dir. 166908 11874 178782 X 6 3030313 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 Foreign exchange gain = $39656