2014-06-20T09:04:16-05:00 2013-12-31 420714325 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2013-01-01 454295316 FRENCH-AMERICAN CHAMBER OF COMMERCE FOUNDATION FREN 2128670205 1350 BROADWAY NO 2101 NEW YORK NY 10018 ELSA BERRY PRESIDENT 2128670205 2014-06-20 1 PAUL WEIRETER P00140887 2123721000 2013 2015-11-30 17:44:51Z ELSA BERRY 1350 BROADWAY NO 2101 NEW YORK NY 10018 273480 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 CHARITABLE AND EDUCATIONAL PURPOSES. 4 4 4 4 0 0 160550 211188 0 0 0 0 -26613 -37943 133937 173245 0 60000 0 0 36798 54892 0 0 57967 37161 20215 73959 135107 59978 38138 66728 155405 6750 57289 59978 98116 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 CHARITABLE AND EDUCATIONAL PURPOSES. 0 0 60000 60000 DURING 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. 60000 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 0 0 4 1 0 0 0 0 0 0 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 ROBERT PINE 2128671664 1350 BROADWAY SUITE 2101 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 211148 40 211188 62292 211148 100235 -37943 -37943 173245 0 0 -37943 30000 30000 30000 30000 47051 7375 39676 1072 1072 4507 4507 2262 2262 496 496 4422 4422 1785 1785 5392 5392 4995 4995 43 43 MICELLANEOUS 3062 3062 PUBLICATIONS & SUBSCRIP 20 20 135107 60000 17140 57967 66728 140343 15062 66728 155405 6750 57289 6750 57289 X 59978 98116 59978 98116 66728 155405 38138 0 X 0 1 X 1 0 X 160550 211188 371738 160550 211188 371738 371738 371738 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 173245 0 173245 0 173245 135107 0 135107 0 135107 PART X, LINE 2: THE 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. 1 0 0 0 0 0 0 0 0 0 SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 3 30000 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 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. GALA EVENT 273440 211148 62292 68040 32195 273440 211148 62292 68040 32195 100235 -37943 1 SCHOLARSHIP 3 30000 PART I, LINE 2: SCHOLARSHIP 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. FORM 990, PART VI, SECTION B, LINE 11 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 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 19 DOCUMENTATION IS AVAILABLE UPON REQUEST. FRENCH AMERICAN CHAMBER OF COMMERCE IN THE UNITED STATES INC NY CHAPTER 1350 BROADWAY SUITE 2101 NEW YORK NY 10018 133376234 BUSINESS PROMOTION NY LINE 6 FRENCH AMERICAN CHAMBER OF COMMERCE IN THE UNITED STATES INC NY CHAPTER 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0