FRENCH-AMERICAN CHAMBER OF COMMERCE FOUNDATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
FRENCH-AMERICAN CHAMBER OF COMMERCE FOUNDATION (EIN 45-4295316)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-06-20
IRS object ID
201401719349300210
Schema version
2013v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2014-06-20T09:04:16-05:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCGLADREY LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11185 AVENUE OF THE AMERICASAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100362602ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454295316EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRENCH-AMERICAN CHAMBER OF COMMERCE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlFRENBusinessNameControlTxt
Phone2128670205PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11350 BROADWAY NO 2101AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10018ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELSA BERRYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2128670205PhoneNum
Signature2014-06-20SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL WEIRETERPreparerPersonNm
PTINP00140887PTIN
Phone2123721000PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerELSA BERRYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11350 BROADWAY NO 2101AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10018ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$273,480GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FACCNYC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionFRENCH-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 CHARITABLE AND EDUCATIONAL PURPOSES.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$160,550PYContributionsGrantsAmt
CY Contributions Grants$211,188CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue-$26,613PYOtherRevenueAmt
CY Other Revenue-$37,943CYOtherRevenueAmt
PY Total Revenue$133,937PYTotalRevenueAmt
CY Total Revenue$173,245CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$60,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$36,798PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$54,892CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$57,967CYTotalFundraisingExpenseAmt
PY Other Expenses$37,161PYOtherExpensesAmt
CY Other Expenses$20,215CYOtherExpensesAmt
PY Total Expenses$73,959PYTotalExpensesAmt
CY Total Expenses$135,107CYTotalExpensesAmt
PY Revenues Less Expenses$59,978PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$38,138CYRevenuesLessExpensesAmt
Total Assets BOY$66,728TotalAssetsBOYAmt
Total Assets EOY$155,405TotalAssetsEOYAmt
Total Liabilities BOY$6,750TotalLiabilitiesBOYAmt
Total Liabilities EOY$57,289TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$59,978NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$98,116NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionFRENCH-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 CHARITABLE AND EDUCATIONAL PURPOSES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$60,000ExpenseAmt
Grant$60,000GrantAmt
DescDURING 2013 THE FOUNDATION SPONSORED A GALA TO RAISE FUNDS FOR ITS SCHOLARSHIP PROGRAM'S FIRST YEAR. SCHOLARSHIP MATERIALS WERE PREPARED, VISITS TO BUSINESS SCHOOLS INITIATED TO ANNOUNCE THE SCHOLARSHIP PROGRAM AND A SELECTION JURY APPOINTED. THE FIRST APPLICATIONS WERE RECEIVED DURING THE FIRST QUARTER OF 2013.Desc
Total Program Service Expenses$60,000TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee4EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROBERT PINEBusinessNameLine1
FieldValueIRS element (for citing)
Phone2128671664PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11350 BROADWAY SUITE 2101AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10018ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ELSA BERRY
PRESIDENT1.009.00Yes (X)Yes (X)$0$0$0
STEPHEN DREYFUSS
VICE PRESIDENT1.001.00Yes (X)Yes (X)$0$0$0
MICHAEL ELKIN
SECRETARY1.001.00Yes (X)Yes (X)$0$0$0
PIERRE-MARIE LAGNAUD
TREASURER1.001.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$211,148FundraisingAmt
All Other Contributions$40AllOtherContributionsAmt
Total Contributions$211,188TotalContributionsAmt
Fundraising Gross Income$62,292FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$211,148ContriRptFundraisingEventAmt
Fundraising Direct Expenses$100,235FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$37,943TotalRevenueColumnAmt
Exclusion-$37,943ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$173,245TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$37,943ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$30,000TotalAmt
Program Services$30,000ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$30,000TotalAmt
Program Services$30,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$47,051TotalAmt
Management And General$7,375ManagementAndGeneralAmt
Fundraising$39,676FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,072TotalAmt
Fundraising$1,072FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,507TotalAmt
Fundraising$4,507FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,262TotalAmt
Fundraising$2,262FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$496TotalAmt
Management And General$496ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,422TotalAmt
Management And General$4,422ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,785TotalAmt
Management And General$1,785ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,392TotalAmt
Fundraising$5,392FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,995TotalAmt
Fundraising$4,995FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$43TotalAmt
Fundraising$43FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MICELLANEOUS$3,062$3,062
PUBLICATIONS & SUBSCRIP$20$20

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$135,107TotalAmt
Program Services$60,000ProgramServicesAmt
Management And General$17,140ManagementAndGeneralAmt
Fundraising$57,967FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$66,728BOYAmt
EOY$140,343EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$15,062EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$66,728BOYAmt
EOY$155,405EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,750BOYAmt
EOY$57,289EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,750BOYAmt
EOY$57,289EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$59,978BOYAmt
EOY$98,116EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$59,978BOYAmt
EOY$98,116EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$66,728BOYAmt
EOY$155,405EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$38,138ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$160,550CurrentTaxYearMinus1YearAmt
Current Tax Year$211,188CurrentTaxYearAmt
Total$371,738TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$160,550CurrentTaxYearMinus1YearAmt
Current Tax Year$211,188CurrentTaxYearAmt
Total$371,738TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$371,738PublicSupportTotal170Amt
Total Support$371,738TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$173,245TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$173,245RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$173,245TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$135,107TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$135,107ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$135,107TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND FROM STATE AND LOCAL INCOME TAXES UNDER COMPARABLE LAWS. AS A NOT-FOR-PROFIT ENTITY, THE FOUNDATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. FOR THE YEAR ENDED DECEMBER 31, 2013, THE FOUNDATION DID NOT OWE ANY UBIT. THE FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. MANAGEMENT IS NOT AWARE OF ANY ISSUES OR CIRCUMSTANCES THAT WOULD UNFAVORABLY IMPACT ITS TAX-EXEMPT STATUS. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE FOUNDATION'S 2012 REPORTING PERIOD IS STILL SUBJECT TO INCOME TAX EXAMINATION BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES, WHICH IS WITHIN THE STANDARD STATUTE OF LIMITATION LOOK-BACK PERIOD.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$0SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$0TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceSCHOLARSHIPSTypeOfAssistanceTxt
RegionEUROPE (INCLUDING ICELAND & GREENLAND)RegionTxt
Recipient3RecipientCnt
Cash Grant$30,000CashGrantAmt
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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 ONE CASE, IN 2013, 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.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Name Of Event1GALA EVENTNameOfEvent1Amt
Gross Receipts Event1$273,440GrossReceiptsEvent1Amt
Charitable Contri Event1$211,148CharitableContriEvent1Amt
Gross Revenue Event1$62,292GrossRevenueEvent1Amt
Rent Facility Costs Event1$68,040RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$32,195OtherDirectExpensesEvent1Amt
Gross Receipts Total$273,440GrossReceiptsTotalAmt
Charitable Contributions Tot$211,148CharitableContributionsTotAmt
Gross Revenue Total Events$62,292GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$68,040RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$32,195OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$100,235DirectExpenseSummaryEventsAmt
Net Income Summary-$37,943NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPGrantTypeTxt
Recipient3RecipientCnt
Cash Grant$30,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSCHOLARSHIP FUNDS WERE SENT DIRECTLY TO THE DIRECTORS OF FINANCIAL AID AT THE UNIVERSITIES BY 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.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE 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 12CCONFLICT 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 EVENT OF A CONFLICT, THE INDIVIDUAL WITH SUCH CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE DELIBERATION AND DECISION IN THE TRANSACTION.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTATION IS AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1FRENCH AMERICAN CHAMBER OF COMMERCE IN THE UNITED STATES INC NY CHAPTERBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line11350 BROADWAY SUITE 2101AddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10018ZIPCode
FieldValueIRS element (for citing)
EIN133376234EIN
Primary ActivitiesBUSINESS PROMOTIONPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Public Charity StatusLINE 6PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1FRENCH AMERICAN CHAMBER OF COMMERCE IN THE UNITED STATES INC NY CHAPTERBusinessNameLine1
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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