2017-11-08T08:28:18-06:00 2016-12-31 113266576 GRASSI & CO CPA'S PC 50 JERICHO QUADRANGLE JERICHO NY 11753 990 2016-01-01 454295316 FRENCH-AMERICAN CHAMBER OF COMMERCE FOUNDATION FREN 2128670205 1375 BROADWAY NO 504 NEW YORK NY 10018 ELSA BERRY TREASURER 2128670205 2017-11-07 1 DAVID ROTTKAMP P01303468 5162563500 2017-11-07 75.99.80.171 2017-11-07 12:59:17 ES P B05CD2AEAA185CCF3EED6C0C58CC8FAD6B33D7B8 75C55DB090B1ABDBDB9C50DA20AC8AD9046DBFBC 2016 2018-03-14 21:41:22Z PIERRE-MARIE LAGNAUD 1375 BROADWAY NO 504 NEW YORK NY 10018 278650 0 X WWW.FACCNYC.ORG X 2012 DE FRENCH-AMERICAN CHAMBER OF COMMERCE FOUNDATION (THE "FOUNDATION") MISSION IS TO EDUCATE AND INFORM FRENCH AND AMERICAN PERSONS ABOUT DIFFERENT CULTURES AND THE OVERSEAS EXPERIENCE, PROMOTE CROSS-CULTURAL DIALOGUE AND COMMUNICATIONS, IMPROVE FOREIGN LANGUAGE SKILLS, AND TO ENGAGE IN OTHER CHARTIABLE AND EDUCATIONAL PURPOSES. 4 4 0 0 0 0 268343 218652 0 0 0 0 -33809 -30418 234534 188234 100000 120000 0 0 41793 23000 0 0 15029 19242 17694 161035 160694 73499 27540 247710 251741 27532 4023 220178 247718 X FRENCH-AMERICAN CHAMBER OF COMMERCE FOUNDATION (THE "FOUNDATION") MISSION IS TO EDUCATE AND INFORM FRENCH AND AMERICAN PERSONS ABOUT DIFFERENT CULTURES AND THE OVERSEAS EXPERIENCE, PROMOTE CROSS-CULTURAL DIALOGUE AND COMMUNICATIONS, IMPROVE FOREIGN LANGUAGE SKILLS, AND TO ENGAGE IN OTHER CHARTIABLE AND EDUCATIONAL PURPOSES. 0 0 120000 120000 DURING 2016, THE FOUNDATION SPONSORED A GALA TO RAISE FUNDS FOR ITS SCHOLARSHIP PROGRAM. SCHOLARSHIP MATERIALS WERE PREPARED, VISITS TO BUSINESS SCHOOLS INITIATED TO ANNOUNCE THE SCHOLARSHIP PROGRAM AND A SELECTION JURY APPOINTED. APPLICATIONS WERE RECEIVED IN THE FIRST QUARTER OF 2016. 120000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 NY X MARTIN BISCHOFF 2128670205 1375 BROADWAY SUITE 504 NEW YORK NY 10018 X ELSA BERRY PRESIDENT 1.00 9.00 X X 0 0 0 STEPHEN DREYFUSS VICE PRESIDENT 1.00 1.00 X X 0 0 0 MICHAEL ELKIN SECRETARY 1.00 1.00 X X 0 0 0 PIERRE-MARIE LAGNAUD TREASURER 1.00 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 217652 1000 218652 59998 217652 90416 -30418 -30418 188234 0 0 -30418 70000 70000 50000 50000 23000 12107 10893 11221 11221 1785 1785 1747 1747 TELEPHONE AND COMMUNICA 1011 630 381 SUPPLIES AND EQUIPMENT 223 223 1707 1707 160694 120000 25665 15029 232645 233588 1800 15065 16353 247710 251741 27532 4023 27532 4023 X 40549 203118 179629 44600 220178 247718 247710 251741 27540 0 X X 1 X 0 1 0 X 160550 211188 200790 268343 218652 1059523 160550 211188 200790 268343 218652 1059523 84050 975473 1059523 0.92070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 188234 0 188234 0 188234 160694 0 160694 0 160694 PART X, LINE 2: THE FOUNDATION ADOPTED THE PROVISIONS PERTAINING TO UNCERTAIN TAX PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITSBY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR TO 2013. 1 0 0 0 0 0 0 0 0 0 SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 5 50000 WIRE TRANSFERS 0 0 0 0 0 0 PART I, LINE 2: THE FRENCH-AMERICAN CHAMBER OF COMMERCE FOUNDATION WIRES FUNDS DIRECTLY TO THE UNIVERSITY'S BANK ACCOUNT WITH A NOTE INDICATING FOR WHICH SCHOLARSHIP RECIPIENT'S COURSES THE FUNDS ARE TO BE APPLIED. IN 2016, THE FUNDS WERE WIRED TO A SCHOLARSHIP RECIPIENT DIRECTLY, AFTER PROOF OF COURSE REGISTRATION AND PAYMENT WERE PROVIDED. THIS WAS THEREFORE A REIMBURSEMENT OF PAYMENT MADE BY THE AWARDEE. GALA EVENT 277650 217652 59998 90416 277650 217652 59998 90416 90416 -30418 1 SCHOLARSHIPS 7 70000 PART I, LINE 2: SCHOLARSHIP FUNDS WERE SENT DIRECTLY TO THE DIRECTORS OF THE FINANCIAL AID AT THE UNIVERSITIES BY THE WAY OF CHECK WITH LETTERS FROM THE FOUNDATION'S SCHOLARSHIP ADMINISTRATOR INDICATING THE FUNDS WERE TO BE APPLIED TO THE AWARDEES' ACCOUNTS. A NOTE TO THAT EFFECT WAS ALSO INCLUDED ON THE CHECKS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE SIGNED BY THE TREASURER; IT WILL ALSO BE REVIEWED BY OTHER MEMBERS OF THE EXECUTIVE COMMITTEE. THE TREASURER WILL REVIEW THE FORM 990 TOGETHER WITH THE EXTERNAL ACCOUNTANTS, BASED ON KNOWLEDGE OF OPERATIONS AND IN COMPARISON WITH THE FINANCIAL STATEMENTS. THE FINAL FORM 990 WILL BE MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS DISTRIBUTED ON AN ANNUAL BASIS AND REQUIRES A SIGNED ACKNOWLEDGEMENT ON WHICH ALL DISCLOSURES ARE MADE. PROVISIONS ARE REGULARLY REVIEWED BY MANAGEMENT WITH REFERENCE TO CONCERNED PARTIES. IN THE EVEN OF A CONFLICT, THE INDIVIDUAL WITH SUCH CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE DELIBERATIONS AND DECISION IN THE TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTATION IS AVAILABLE UPON REQUEST FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS DURING THE TAX YEAR. FRENCH AMERICAN CHAMBER OF COMMERCE IN THE UNITED STATES INC NY CHAPTER 1375 BROADWAY NEW YORK NY 10018 BUSINESS PROMOTION NY 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 FRENCH AMERICAN CHAMBER OF COMMERCE IN THE US - NY CHAPTER M 128457 COST FRENCH AMERICAN CHAMBER OF COMMERCE IN THE US - NY CHAPTER N 225867 COST FRENCH AMERICAN CHAMBER OF COMMERCE IN THE US - NY CHAPTER O 1142537 COST FRENCH AMERICAN CHAMBER OF COMMERCE IN THE US - NY CHAPTER P 15029 COST