U S RUSSIA FOUNDATION FOR ECNOMIC ADVANCEMENT AND THE RULE OF LAW: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- U S RUSSIA FOUNDATION FOR ECNOMIC ADVANCEMENT AND THE RULE OF LAW (EIN 01-0732928)
- Tax period
- 2012-10-01 to 2013-09-30
- Filed
- 2014-06-26
- IRS object ID
- 201411779349300441
- Schema version
- 2012v2.1
- 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
- Form 990
- Schedule A
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-06-26T13:15:34-05:00 | Timestamp |
| Tax Period End Date | 2013-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 453994797 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LGC&D LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TEN WEYBOSSET STREET - SUITE 700 | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02903 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010732928 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | US RUSSIA FOUNDATION FOR ECONOMIC | BusinessNameLine1 |
| Business Name Line2 | ADVANCEMENT AND THE RULE OF LAW | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | USRU | NameControl |
| Phone | 4102248645 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 137 MITCHELLS CHANCE ROAD NO 140 | AddressLine1 |
| City | EDGEWATER | City |
| State | MD | State |
| ZIP Code | 21037 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALAN GRIFFIN | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 4102248645 | Phone |
| Date Signed | 2014-06-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LYNN O'MARRA ESQUIRE | Name |
| PTIN | P00821716 | PTIN |
| Phone | 4014214800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MARK G POMAR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 137 MITCHELLS CHANCE ROAD NO 140 | AddressLine1 |
| City | EDGEWATER | City |
| State | MD | State |
| ZIP Code | 21037 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 19002971 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.USRF.RU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2002 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | TO PROMOTE THE LONG-TERM DEVELOPMENT OF RUSSIA'S MARKET ECONOMY, (CONTINUED ON SCHEDULE O) (CONTINUED) WORKING IN CLOSE PARTNERSHIP WITH THE RUSSIAN GOVERNMENT AND LEADING RUSSIAN INSTITUTIONS. IN THIS WAY, USRF SEEKS TO ENCOURAGE RUSSIAN ENTREPRENEURSHIP, SUPPORT THE LEGAL, REGULATORY, AND INSTITUTIONAL DEVELOPMENT THAT STRENGTHENS A MARKET ECONOMY, AND BUILD STRONG AND ENDURING TIES BETWEEN THE UNITED STATES AND RUSSIA. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 20000000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2126096 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3052189 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1109 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 22127205 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3052189 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3000075 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4722876 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1622650 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1703848 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1879597 | OtherExpensePriorYear |
| Other Expenses Current Year | 2202974 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6502322 | TotalExpensesPriorYear |
| Total Expenses Current Year | 8629698 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 15624883 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -5577509 | RevenuesLessExpensesCY |
| Total Assets BOY | 126279194 | TotalAssetsBOY |
| Total Assets EOY | 132095254 | TotalAssetsEOY |
| Total Liabilities BOY | 1650664 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3365944 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 124628530 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 128729310 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROMOTE THE LONG-TERM DEVELOPMENT OF RUSSIA'S MARKET ECONOMY, WORKING IN CLOSE PARTNERSHIP WITH THE RUSSIAN GOVERNMENT AND LEADING RUSSIAN INSTITUTIONS. IN THIS WAY, USRF SEEKS TO ENCOURAGE RUSSIAN ENTREPRENEURSHIP, SUPPORT THE LEGAL, (CONTINUED ON SCHEDULE O) (CONTINUED) REGULATORY, AND INSTITUTIONAL DEVELOPMENT THAT STRENGTHENS A MARKET ECONOMY, AND BUILD STRONG AND ENDURING TIES BETWEEN THE UNITED STATES AND RUSSIA. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2768174 | Expense |
| Grants | 2277200 | Grants |
| Description | THE ENHANCING UNIVERSITY RESEARCH AND ENTREPRENEURIAL CAPACITY ("EURECA") PROGRAM FOCUSES ON SCIENTIFIC AND TECHNICAL COOPERATION BETWEEN RUSSIAN AND AMERICAN UNIVERSITIES AND IS BEING IMPLEMENTED IN PARTNERSHIP WITH THE RUSSIAN MINISTRY OF EDUCATION AND SCIENCE. THE GOALS ARE TO: (1) DEVELOP A CULTURE OF INNOVATION AND ENTREPRENEURSHIP IN THE FIELDS OF SCIENCE AND TECHNOLOGY AMONG FACULTY, STUDENTS, AND RESEARCHERS; (2) CREATE INFRASTRUCTURE TO SUPPORT THE TRANSFER OF TECHNOLOGIES INTO PRODUCTION; (3) ATTRACT INTEREST FROM BUSINESSES AND UNIVERSITIES IN SPONSORING RESEARCH; (4) INTEGRATE RUSSIAN UNIVERSITIES INTO THE INTERNATIONAL SCIENTIFIC AND EDUCATIONAL SPACE AND SUPPORT THEIR ENTRY INTO THE COMMUNITY OF WORLD-CLASS INSTITUTIONS; (5) STRENGTHEN INNOVATION ECOSYSTEMS AND (CONTINUED ON SCHEDULE O) (CONTINUED) THE ROLE OF UNIVERSITIES IN REGIONAL DEVELOPMENT AND INNOVATION CLUSTERS; (6) DEVELOP STRONG RELATIONSHIPS WITH VENTURE CAPITAL FIRMS TO RAISE START-UP CAPITAL; AND (7) FORM MUTUALLY BENEFICIAL PARTNERSHIPS BETWEEN RESEARCH AND BUSINESS COMMUNITIES IN THE U.S. AND RUSSIA. TARGETED GRANTS TO SUPPORT THE ABOVE PURPOSES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1390972 | Expense |
| Grants | 1077725 | Grants |
| Description | PUBLIC POLICY INITIATIVES: THE YEGOR GAIDAR FELLOWSHIP PROGRAM IN ECONOMICS, NAMED IN HONOR OF THE FIRST MINISTER OF FINANCE OF THE RUSSIAN FEDERATION, SUPPORTS THE LONG-TERM DEVELOPMENT OF RUSSIA'S MARKET ECONOMY BY PROVIDING OPPORTUNITIES FOR LEADING RUSSIAN ECONOMISTS TO CONDUCT COLLABORATIVE RESEARCH WITH U.S. ECONOMIC EXPERTS. THE PROGRAM'S GOAL IS "TO STRENGTHEN HUMAN CAPACITY AT RUSSIAN INSTITUTIONS IN DEVELOPING ENTREPRENEURSHIP, ECONOMIC DIVERSIFICATION, TECHNOLOGICAL INNOVATION, AND GLOBALIZATION." THE YEGOR GAIDAR SUMMER LEADERSHIP PROGRAM, JOINTLY ADMINISTERED WITH THE YEGOR GAIDAR FOUNDATION, WAS DESIGNED AND IS BEING IMPLEMENTED BY PURDUE UNIVERSITY. THE PROGRAM ENABLES YOUNG RUSSIAN LEADERS (THIRD AND FOURTH YEAR UNIVERSITY STUDENTS) FROM (CONTINUED ON SCHEDULE O) (CONTINUED) VARIOUS REGIONS OF RUSSIA TO ACQUIRE THE KNOWLEDGE, SKILLS, AND PRACTICAL EXPERIENCE NECESSARY FOR BUILDING A DYNAMIC MARKET ECONOMY. THE FOCUS IS ON ECONOMICS AND ENTREPRENEURSHIP. WORLD TRADE ORGANIZATION ("WTO") PROGRAM HAS PROVIDED THE HIGHER MANAGEMENT SCHOOL OF THE RUSSIAN PRESIDENTIAL ACADEMY OF NATIONAL ECONOMY AND PUBLIC ADMINISTRATION WITH HIGH-LEVEL U.S. EXPERTISE IN WTO ISSUES FOR THEIR TRAINING SESSIONS. ENTREPRENEURIAL MUSEUM PROJECT (JOINT PROGRAM WITH THE POTANIN FOUNDATION) TO CONTINUE WITH OUR JOINT PROGRAM IN MUSEUM ENTREPRENEURSHIP. OUR ROLE IS TO HELP IDENTIFY U.S. EXPERTS WHO CAN PARTICIPATE IN A MAJOR CONFERENCE AND MUSEUM EXHIBITION IN MOSCOW. THIS SMALL PROGRAM REPRESENTS AN IMPORTANT STRATEGIC DIRECTION: TO WORK JOINTLY WITH A MAJOR RUSSIAN FOUNDATION IN THE AREA OF SOCIAL ENTREPRENEURSHIP. TARGETED GRANTS TO SUPPORT THE ABOVE PURPOSES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1243414 | Expense |
| Grants | 1073893 | Grants |
| Description | ECONOMIC DEVELOPMENT AND ENTREPRENEURSHIP INITIATIVES: TARGETED GRANTS UNDER $100,000 TO ORGANIZATIONS TO SUPPORT ECONOMIC DEVELOPMENT AND ENTREPRENEURSHIP. MISSION CRITERIA INCLUDE: (1) MULTIPLIER EFFECT; (2) REPLICABILITY ON A REGIONAL OR NATIONAL SCALE; (3) RESULTING SYSTEMIC OR POLICY CHANGE; AND (4) SUSTAINABILITY. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 698056 | Expense |
| Grants | 294058 | Grants |
| Description | RULE OF LAW INITIATIVES: EFFORTS TO SUPPORT THE MODERNIZATION OF THE RUSSIAN LEGAL EDUCATION SYSTEM SO THAT IT CAN PREPARE LAWYERS TO WORK EFFECTIVELY IN A GLOBAL MARKET ECONOMY. LEGAL EXCHANGE ("LEX") PROGRAM: TO DEVELOP AND STRENGTHEN HUMAN CAPACITY AT RUSSIAN LEGAL INSTITUTIONS AND LAW FACULTIES THROUGH NEW CURRICULA IN THE AREA OF BUSINESS AND COMMERCIAL LAW, INNOVATIVE TEACHING METHODOLOGY BASED ON COMPETENCIES-BUILDING APPROACH, AND INCREASED COLLABORATION BETWEEN RUSSIAN AND U.S. UNIVERSITIES. THE GOALS ARE: (1) TO INCREASE THE CAPACITY OF RUSSIAN LAW FACULTIES TEACHING COMMERCIAL AND BUSINESS LAW TO FULFILL THE NEW STATE EDUCATIONAL STANDARDS INTRODUCING COMPETENCIES-BUILDING APPROACH; (2) ADOPTION BY RUSSIAN LAW FACULTIES OF EXPERIENTIAL LEARNING METHODOLOGY IN TEACHING COMMERCIAL AND BUSINESS LAW; (3) TO ADVANCE COLLABORATIVE EFFORTS BY RUSSIAN UNIVERSITIES TO IMPROVE TEACHING QUALIFICATIONS OF RUSSIAN LAW FACULTY; (4) THE DISSEMINATION OF BEST PRACTICES THROUGH FOUR UNIVERSITIES SERVING AS HUBS; AND (5) TO STRENGTHEN TIES BETWEEN RUSSIAN AND U.S. LAW SCHOOLS. TARGETED GRANTS TO SUPPORT THE ABOVE PURPOSES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 698056 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 294058 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 6100616 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 1 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 10 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 3 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | RS | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALAN GRIFFIN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4102248645 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 137 MITCHELLS CHANCE ROAD SUITE 140 | AddressLine1 |
| City | EDGEWATER | City |
| State | MD | State |
| ZIP Code | 21037 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|---|
| THE HONORABLE JAMES F COLLINS | |||||||
| CO-CHAIRMAN | 9.00 | 1.00 | X | X | 0 | 0 | 0 |
| STEVEN L PEASE | |||||||
| CO-CHAIRMAN | 10.00 | 5.00 | X | X | 0 | 0 | 0 |
| KAREN N HORN | |||||||
| VICE CHAIR/TREASURER | 8.00 | 3.00 | X | X | 0 | 0 | 0 |
| JOHN R BEYRLE | |||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||
| STEPHEN E BIEGUN | |||||||
| DIRECTOR | 3.00 | 1.00 | X | 0 | 0 | 0 | |
| DR SERGEY R BORISOV | |||||||
| DIRECTOR | 3.00 | 1.00 | X | 0 | 0 | 0 | |
| DR JENNE K BRITELL | |||||||
| DIRECTOR | 6.00 | 5.00 | X | 0 | 0 | 0 | |
| FRANK J CAUFIELD | |||||||
| DIRECTOR | 3.00 | 1.00 | X | 0 | 0 | 0 | |
| CRAIG KENNEDY | |||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | ||
| THE HONORABLE PAUL MAGNUSON | |||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||
| MARK POMAR | |||||||
| PRESIDENT/CEO | 40.00 | X | X | 855609 | 0 | 82562 | |
| CHARLES E RYAN | |||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||
| NADIA SERYAKOVA | |||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | ||
| ALEXANDER SHIBANOV | |||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | ||
| DMITRY VASILIEV | |||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | ||
| THE HONORABLE MICHAEL M MIHM | |||||||
| DIRECTOR | 10.00 | X | 0 | 0 | 0 | ||
| ALAN GRIFFIN | |||||||
| COO/CFO | 30.00 | 10.00 | X | 205037 | 0 | 79901 | |
| LORI JONES | |||||||
| ASST. TREASURER/SECRETARY | 30.00 | 10.00 | X | 70238 | 0 | 24598 | |
| ANNA DANILINA | |||||||
| ASST. TREASURER/SECRETARY | 39.00 | 1.00 | X | 0 | 0 | 99784 | |
| ROBERT C ODLE JR | |||||||
| COUNSEL | 2.00 | 4.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1130884 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 286845 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2160959 | TotalRevenueColumn |
| Exclusion | $2,160,959 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 16842012 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15950782 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 891230 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 891230 | TotalRevenueColumn |
| Exclusion | $891,230 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3052189 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,052,189 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1547425 | Total |
| Program Services | 1547425 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3175451 | Total |
| Program Services | 3175451 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1210266 | Total |
| Program Services | 509282 | ProgramServices |
| Management And General | 700984 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 347154 | Total |
| Program Services | 185030 | ProgramServices |
| Management And General | 162124 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41049 | Total |
| Management And General | 41049 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105379 | Total |
| Program Services | 54989 | ProgramServices |
| Management And General | 50390 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40081 | Total |
| Management And General | 40081 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 109374 | Total |
| Management And General | 109374 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 376853 | Total |
| Management And General | 376853 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 164588 | Total |
| Program Services | 49564 | ProgramServices |
| Management And General | 115024 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94847 | Total |
| Program Services | 42433 | ProgramServices |
| Management And General | 52414 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23160 | Total |
| Program Services | 10325 | ProgramServices |
| Management And General | 12835 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 422452 | Total |
| Program Services | 218247 | ProgramServices |
| Management And General | 204205 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 811616 | Total |
| Program Services | 268243 | ProgramServices |
| Management And General | 543373 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46291 | Total |
| Program Services | 39627 | ProgramServices |
| Management And General | 6664 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25931 | Total |
| Management And General | 25931 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74514 | Total |
| Management And General | 74514 | ManagementAndGeneral |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FOREIGN CURRENCY TRANSL | Description |
| Total | 13267 | Total |
| Management And General | 13267 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8629698 | Total |
| Program Services | 6100616 | ProgramServices |
| Management And General | 2529082 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 281769 | BOY |
| EOY | 378294 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13925870 | BOY |
| EOY | 13319363 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18559 | BOY |
| EOY | 30713 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 175903 | BOY |
| EOY | 234139 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 110659 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 81957 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83182 | BOY |
| EOY | 28702 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 109656699 | BOY |
| EOY | 106449149 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2137212 | BOY |
| EOY | 11654894 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 126279194 | BOY |
| EOY | 132095254 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 267001 | BOY |
| EOY | 289462 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1383663 | BOY |
| EOY | 3076482 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1650664 | BOY |
| EOY | 3365944 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124628530 | BOY |
| EOY | 128729310 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124628530 | BOY |
| EOY | 128729310 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 126279194 | BOY |
| EOY | 132095254 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -5577509 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 9678289 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2419000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus2 Years | 62070000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 20000000 | CurrentTaxYearMinus1Year |
| Total | 84489000 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2419000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus2 Years | 62070000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 20000000 | CurrentTaxYearMinus1Year |
| Total | 84489000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 84489000 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 436391 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 204461 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 602290 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1663289 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2160959 | CurrentTaxYear |
| Total | 5067390 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 1109 | CurrentTaxYearMinus1Year |
| Total | 1109 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 89557499 | TotalSupport |
| Public Support Pertcentage170 | 0.94340 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.96410 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 70025 | OtherCostOrOtherBasis |
| Depreciation | 51112 | Depreciation |
| Book Value | 18913 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 40634 | OtherCostOrOtherBasis |
| Depreciation | 30845 | Depreciation |
| Book Value | 9789 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 28702 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PRIVATE INVESTMENTS | Description |
| Book Value | 11654894 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 11654894 | TotalOfBookValueSecurities |
| Tot Revenue Etc Audited Fincl Stmt | 12353625 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 9678289 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 9678289 | RevenueNotRptdF990 |
| Revenue Subtotal | 2675336 | RevenueSubtotal |
| Investment Expenses Not Included | 376853 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 376853 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 3052189 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 8252845 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 8252845 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 376853 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 376853 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 8629698 | TotalExpensesPerForm990 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | RUSSIA/INDEPENDENT STATES | Region |
| Number Of Offices | 1 | NumberOfOffices |
| Number Of Employees | 8 | NumberOfEmployees |
| Type Of Activities Conducted | GRANTS TO RECIPIENTS LOCATED IN REGION; OTHER PROGRAM SERVICES | TypeOfActivitiesConducted |
| Specific Services Provided | SEE SCHEDULE F, PART V. | SpecificServicesProvided |
| Total Expenditures | 4553191 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 1 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 8 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 8 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 4553191 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 4553191 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS (9 entries)
| RegionRegion | Purpose Of GrantPurposeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|
| RUSSIA | PUBLIC SUPPORT | 1000000 | WIRE | CASH |
| RUSSIA | PUBLIC SUPPORT | 500000 | WIRE | CASH |
| RUSSIA | PUBLIC SUPPORT | 500000 | WIRE | CASH |
| RUSSIA | PUBLIC SUPPORT | 705914 | WIRE | CASH |
| RUSSIA | PUBLIC SUPPORT | 75499 | WIRE | CASH |
| RUSSIA | PUBLIC SUPPORT | 100000 | WIRE | CASH |
| RUSSIA | PUBLIC SUPPORT | 99000 | WIRE | CASH |
| RUSSIA | PUBLIC SUPPORT | 96760 | WIRE | CASH |
| RUSSIA | PUBLIC SUPPORT | 98278 | WIRE | CASH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 9 | TotalNumberOf501c3Orgs |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: | SCHEDULE F, PART I, LINE 2: THE U.S. RUSSIA FOUNDATION FOR ECONOMIC ADVANCEMENT AND THE RULE OF LAW ("USRF") UNDERTAKES A RIGOROUS REVIEW PROCESS FOR ALL GRANTS MADE TO ORGANIZATIONS OUTSIDE THE UNITED STATES. ANY ORGANIZATION SEEKING FUNDING FROM USRF IS REQUIRED TO COMPLETE A GRANT OR FUNDING APPLICATION THAT IS REVIEWED BY A MEMBER OF THE SENIOR STAFF WHO THEN DETERMINES IF IT ADDRESSED THE CHARITABLE MISSIONS SUPPORTED BY USRF. IF A FOUNDATION GRANT APPLICATION IS DETERMINED TO BE WORTHY OF SUPPORT, IT WILL BE RECOMMENDED FOR APPROVAL TO THE GRANTS COMMITTEE. THOSE GRANTS APPROVED BY THE GRANTS COMMITTEE ARE RECOMMENDED FOR APPROVAL TO THE FULL BOARD. ONCE A GRANT REQUEST IS APPROVED, A CONTRACT IS DEVELOPED BETWEEN USRF AND THE GRANTEE. THE GRANT DOCUMENTATION MAKES CLEAR THE RESPONSIBILITIES OF ALL PARTIES. IT OBLIGATES THE GRANTEE TO USE THE GRANT FUNDS ONLY FOR THE PURPOSES FOR WHICH THE GRANT IS MADE, PROVIDES FOR PERIODIC WRITTEN REPORTS AS WELL AS AN ACCOUNTING OF HOW GRANT FUNDS WERE USED, AND ACKNOWLEDGES THE ORGANIZATION'S AUTHORITY TO WITHHOLD OR RECOVER GRANT FUNDS IN CASES WHERE SUCH FUNDS ARE, OR APPEAR TO BE, MISUSED. TO ENSURE THAT THE FOREIGN ORGANIZATIONS RECEIVING FUNDS ARE USING THE FUNDS IN FURTHERANCE OF OUR EXEMPT MISSION, USRF WILL MAKE SITE VISITS, PARTICIPATE IN GRANTEE EVENTS, OR REVIEW RELEVANT RESEARCH PAPERS. USRF PROVIDES OVERSIGHT TO EACH GRANTEE: 1. A GRANT MANAGER IS ASSIGNED TO EACH GRANTEE, 2. THERE IS EXTENSIVE INTERACTION WITH EACH GRANTEE ON THE DEVELOPMENT OF ITS PROPOSAL TO ENSURE THAT GRANT FUNDS WILL ONLY BE USED FOR PURPOSES AGREED UPON, 3. CONTRACTS ARE SIGNED THAT OUTLINE HOW THE GRANT FUNDS WILL BE USED, 4. PERIODIC REPORTS ARE REQUIRED TO ENSURE THAT MILESTONES ARE REACHED, 5. A GRANT MANAGER WILL MAKE A SITE VISIT, AND 6. A FINAL REPORT, INCLUDING AN ACCOUNTING OF THE USE OF THE FUNDS, IS REQUIRED. |
| SCHEDULE F, PART I, LINE 3: THE U.S. RUSSIA FOUNDATION FOR ECONOMIC ADVANCEMENT AND THE RULE OF LAW ("USRF") MAINTAINS AN OFFICE OUTSIDE THE U.S. LOCATED IN MOSCOW, RUSSIA. APPROXIMATELY 8 EMPLOYEES SERVE USRF AND PROVIDE SERVICES THAT ARE EXCLUSIVELY RELATED TO THE ORGANIZATION'S TAX-EXEMPT MISSION. THE NATURE OF THE ORGANIZATION'S ACTIVITIES ARE SUCH THAT CLASSIFYING THE SPECIFIC EXPENDITURES IN THE REGION ARE DIFFICULT. FOR PURPOSES OF COMPLYING WITH SCHEDULE F, PART I, LINE 3, COLUMN (F), USRF IS REPORTING ALL EXPENDITURES, EXCEPT FOR GRANTS TO U.S. ORGANIZATIONS, AS EXPENDITURES FROM A FOREIGN REGION EVEN THOUGH CERTAIN ADMINISTRATIVE FUNCTIONS ARE PERFORMED IN THE UNITED STATES. ALL OF THE FOREIGN ACTIVITIES HAVE BEEN CONDUCTED IN RUSSIA. PROGRAM SERVICES ACTIVITIES INCLUDE: ENHANCING UNIVERSITY RESEARCH AND ENTREPRENEURIAL CAPACITY, YEGOR GUIDAR FELLOWSHIP PROGRAM IN ECONOMICS, YEGOR GUIDAR SUMMER LEADERSHIP PROGRAM, WORLD TRADE ORGANIZATION INITIATIVES, ENTREPRENEURIAL MUSEUM PROJECT, AND RULE OF LAW INITIATIVES - TOTAL EXPENDITURES (F) $1,377,740, AND (II) GRANTS TO RECIPIENTS LOCATED IN REGION - TOTAL EXPENDITURES (F) $3,175,451. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|
| AMERICAN COUNCILS FOR INTERNATIONAL EDUCATION | ||||||||
| 1828 L STREET NW SUITE 1200 | WASHINGTON | DC | 20036 | 521067256 | 501(C)(3) | 277200 | CASH | PUBLIC SUPPORT |
| THE INTERNATIONAL RESEARCH AND EXCHANGE BOARD (IREX) | ||||||||
| 2121 K STREET NW SUITE 700 | WASHINGTON | DC | 20037 | 223087809 | 501(C)(3) | 945881 | CASH | PUBLIC SUPPORT |
| GLOBAL INITIATIVES | ||||||||
| 1001 COUNTRY CLUB ROAD | WEST CHESTER | PA | 19382 | 161501127 | 501(C)(3) | 192500 | CASH | PUBLIC SUPPORT |
| PURDUE UNIVERSITY | ||||||||
| 610 PURDUE MALL | WEST LAFAYETTE | IN | 47907 | 356002041 | 501(C)(3) | 131844 | CASH | PUBLIC SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 4 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE U.S. RUSSIA FOUNDATION FOR ECONOMIC ADVANCEMENT AND THE RULE OF LAW ("USRF") EMPLOYS THE SAME CRITERIA TO MONITOR GRANTS MADE WITHIN THE UNITED STATES AS IT DOES FOR GRANTS MADE OUTSIDE THE UNITED STATES. PLEASE REFER TO SCHEDULE F, PART V, FOR A DETAILED DESCRIPTION OF THE ORGANIZATION'S GRANT MONITORING PROCESS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARK POMAR | ||||||||||||||
| PRESIDENT/CEO | 350000 | 0 | 25000 | 0 | 480609 | 0 | 50000 | 0 | 32562 | 0 | 938171 | 0 | 0 | 0 |
| ALAN GRIFFIN | ||||||||||||||
| COO/CFO | 200000 | 0 | 0 | 0 | 5037 | 0 | 50000 | 0 | 29901 | 0 | 284938 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 1A | IN LIEU OF FEES FOR ATTENDING BOARD MEETINGS, IN 1990, THE U.S. CONGRESS AND THE USAID ADOPTED A POLICY THAT NON-EXECUTIVE DIRECTORS OF ENTERPRISE FUNDS WERE AUTHORIZED TO FLY FIRST CLASS WHEN TRAVELING ON ORGANIZATION BUSINESS. THE VARIOUS ENTERPRISE FUND AND FOUNDATION DOCUMENTS HAVE ALWAYS REFLECTED THIS POLICY, AND CONGRESS, STATE AND USAID HAVE BEEN AWARE SINCE 1990 THAT DIRECTORS FLY FIRST CLASS. | |
| PART III | DURING THE CALENDAR YEAR 2012, MARK POMAR'S BASE COMPENSATION WAS $350,000 PER YEAR, UNCHANGED SINCE JUNE 2008 WHEN HE WAS HIRED TO SERVE AS USRF'S CEO. IN ADDITION, HE RECEIVED A BONUS OF $25,000 FOR MERITORIOUS PERFORMANCE. MR. POMAR WAS AN "EXPAT" LIVING IN MOSCOW AT THE REQUEST OF THE USRF BOARD. ACCORDINGLY, MR. POMAR RECEIVED TYPICAL "EXPAT" BENEFITS WHILE MAINTAINING A FAMILY RESIDENCE IN THE UNITED STATES. THESE OTHER REPORTABLE COMPENSATION BENEFITS OF $480,609 INCLUDED $146,537 FOR SUITABLE HOUSING FOR HIS FAMILY IN MOSCOW, TAX EQUALIZATION AND PREPARATION - BOTH RUSSIAN AND U.S. TAXES APPLY OF $216,324 (INCLUDING $118,300 FOR 2011; BUT NOT INCLUDING $29,780 PAID IN 2013), EXPENSES FOR THREE ANNUAL LEAVE TRIPS BASED ON THE COST OF AIRFARE FOR MR. POMAR'S FAMILY TO TRAVEL TO THE UNITED STATES OF $55,400, LIFE AND DISABILITY INSURANCE OF $31,548, SCHOOLING FOR HIS SON OF $24,800 AND HEALTH CLUB BENEFITS OF $6,000 FOR TWO YEARS. USRF ALSO PROVIDED: SEP IRA RETIREMENT BENEFITS OF $50,000 AND NONTAXABLE MEDICAL AND HEALTH BENEFITS OF $32,562. | SUPPLEMENTAL INFORMATION |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT C ODLE JR | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | OFFICER | Relationship |
| Amount Of Transaction | 9247 | AmountOfTransaction |
| Description Of Transaction | ROBERT C. ODLE, JR. IS A LAWYER WITH THE LAW FIRM OF WEIL, GOTSHAL, & MANGES, LLP. THIS LAW FIRM RECEIVED COMPENSATION FOR SERVICES IN THE AMOUNT OF $9,247 FOR THE 2012 CALENDAR YEAR. MR. ODLE IS NOT COMPENSATED FOR HIS SERVICE AS AN OFFICER FOR USRF. MR. ODLE RECUSES HIMSELF FROM MATTERS CONCERNING THE SELECTION AND COMPENSATION OF THE LAW FIRM RETAINED BY USRF. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | DELAWARE NONSTOCK CORPORATIONS HAVE MEMBERS PURSUANT TO SECTION 102(A)(4) OF THE DELAWARE GENERAL CORPORATION LAW. THE MEMBERS ELECT THE DIRECTORS AND HAVE CERTAIN RIGHTS OF APPROVAL AS MEMBERS AS PROVIDED BY DELAWARE LAW. THE ORGANIZATION'S CERTIFICATE OF INCORPORATION PROVIDES THAT THE MEMBERS OF THE CORPORATION SHALL BE THE U.S. DIRECTORS. FURTHERMORE, IF AT ANY TIME AND FOR ANY REASON ANY MEMBER SHALL CEASE TO BE A U.S. DIRECTOR, SUCH PERSON SHALL SIMULTANEOUSLY CEASE TO BE A MEMBER. | |
| FORM 990, PART VI, SECTION A, LINE 7A | SEE EXPLANATION FOR PART VI, SECTION A, LINE 6. | |
| FORM 990, PART VI, SECTION A, LINE 7B | SEE EXPLANATION FOR PART VI, SECTION A, LINE 6. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WAS PREPARED BY LGC&D, LLP AND REVIEWED IN DETAIL WITH THE ORGANIZATION PRIOR TO FILING. CHIEF FINANCIAL OFFICER, ALAN GRIFFIN, COORDINATED WITH LGC&D TO PROVIDE AN ACCURATE AND REPRESENTATIVE FORM 990. A COPY OF THE FORM 990 WAS PROVIDED TO EACH DIRECTOR OF THE U.S. RUSSIA FOUNDATION FOR ECONOMIC ADVANCEMENT AND RULE OF LAW PRIOR TO FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL CURRENT AND FORMER DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO PROMPTLY DISCLOSE ALL MATERIAL FACTS RELATING TO ANY ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST. IN ADDITION, EACH PERSON MUST COMPLETE A QUESTIONNAIRE CONCERNING CONFLICTS OF INTEREST ANNUALLY, AND UPON ANY CHANGE OF CIRCUMSTANCE, WHICH SHALL BE REVIEWED BY THE AUDIT COMMITTEE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | U.S. RUSSIA FOUNDATION FOR ECONOMIC ADVANCEMENT AND RULE OF LAW UNDERTAKES A RIGOROUS PROCESS TO ENSURE THAT THE COMPENSATION IT PAYS TO ITS OFFICERS IS REASONABLE. THE BOARD OF DIRECTORS HAS ESTABLISHED A COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT PERSONS WHO HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION ARRANGEMENT. THE USRF COMPENSATION COMMITTEE MUST APPROVE THE COMPENSATION, WITHOUT INPUT OR VOTING PARTICIPATION BY THE PERSON WHOSE COMPENSATION IS BEING APPROVED OR BY ANY OTHER INDIVIDUAL WITH A CONFLICT OF INTEREST. THE FINAL DETERMINATION IS THEN DOCUMENTED IN COMMITTEE MINUTES. THOSE MINUTES WILL CONTAIN THE TERMS OF THE PROPOSED COMPENSATION AND DECISIONS OF THOSE INDIVIDUALS WHO VOTED ON THE COMPENSATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE TO THE PUBLIC BY RETAINING A COPY OF EACH AT THE ADDRESS LISTED ON PAGE 1 OF THIS RETURN. ANY INDIVIDUAL REQUESTING A COPY OF THESE DOCUMENTS IS PROVIDED THAT COPY. THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR OVERSIGHT OF THE ORGANIZATION'S AUDIT REMAINS THE SAME AS IN PRIOR YEARS. THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSIGHT. | AUDIT OVERSIGHT PROCESS |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE US RUSSIA INVESTMENT FUND | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 137 MITCHELLS CHANCE ROAD | AddressLine1 |
| City | EDGEWATER | City |
| State | MD | State |
| ZIP Code | 21037 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133837559 | EIN |
| Primary Activities | INVESTMENTS | PrimaryActivities |
| Legal Domicile State | DE | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 7 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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