2012-10-15T09:53:31-05:00 2011-12-31 133385019 O'CONNOR DAVIES MUNNS & DOBBINS LLP 60 EAST 42ND STREET 36TH FL NEW YORK NY 101653698 990 2011-01-01 132989216 THE NETHERLAND-AMERICA FOUNDATION INC NETH 2128251221 82 WALL STREET SUITE 709 NEW YORK NY 10005 JOANNES JH JOOSTEN 2128251221 2012-10-15 1 SANDERS DAVIES P01325852 2122862600 2011 2016-02-24 21:20:13Z JOANNES JH JOOSTEN 82 WALL STREET SUITE 709 NEW YORK NY 10005 4705102 0 X WWW.THENAF.ORG X 1921 NY STRENGTHEN BONDS BETWEEN THE COUNTRIES THRU EXCHANGE IN THE ARTS, SCIENCES, EDUCATION & BUSINESS 32 32 2 100 0 0 993062 805002 0 0 83297 930724 -108517 -113283 967842 1622443 398219 299282 0 0 142467 160618 49500 68500 112818 286175 213119 876361 741519 91481 880924 4539540 4418949 114664 92571 4424876 4326378 X THE NETHERLAND-AMERICA FOUNDATION, INCORPORATED (THE "FOUNDATION") WAS ORGANIZED TO PROMOTE UNDERSTANDING AND BETTER RELATIONS BETWEEN THE PEOPLES OF THE UNITED STATES AND THE NETHERLANDS THROUGH A NATIONWIDE PROGRAM OF CULTURAL, EDUCATIONAL, AND PHILANTHROPIC ACTIVITIES. FOR EXAMPLE, THE FOUNDATION ISSUES GRANTS TO SUPPORT DUTCH PAINTING AND SCULPTURE EXHIBITIONS IN AMERICAN GALLERIES, PROVIDES FELLOWSHIPS TO DUTCH STUDENTS PURSUING AN EDUCATION IN THE UNITED STATES AND TO AMERICAN STUDENTS PURSUING AN EDUCATION IN THE NETHERLANDS. THE FOUNDATION ALSO PROVIDES FUNDS TO SUPPORT PROJECTS OF MUTUAL HISTORICAL SIGNIFICANCE. 0 0 269240 204782 STUDENT SCHOLARSHIPS - THE FOUNDATION IS THE PRIMARY SPONSOR OF FULBRIGHT FELLOWSHIPS FOR EXCHANGE BETWEEN THE U.S. AND THE NETHERLANDS. SIX U.S. STUDENTS WERE AWARDED NAF-FULBRIGHT FELLOWSHIPS FOR ADVANCED STUDIES IN THE NETHERLANDS. THEIR FIELDS OF STUDY RANGED FROM MUSIC AT THE ROYAL CONSERVATORY TO PUBLIC INTERNATIONAL LAW AT LEIDEN UNIVERSITY, AMSTERDAM. EIGHT DUTCH STUDENTS WERE AWARDED NAF-FULBRIGHT FELLOWSHIPS FOR ADVANCED STUDIES IN THE U.S. FIELDS OF STUDY RANGED FROM ENVIRONMENTAL SCIENCES AT YALE TO LAW AT UNIVERSITY OF PENN. 67686 10000 EDUCATIONAL EXCHANGE PROGRAM - EDUCATIONAL GRANTS TO SUPPORT UNIVERSITY-BASED EXCHANGE PROGRAMS WERE AWARDED TO SEVERAL UNIVERSITIES 164038 84500 CULTURAL EXCHANGE BETWEEN THE NETHERLANDS AND THE U.S. - TWENTY-NINE CULTURAL GRANTS WERE AWARDED TO SUPPORT EXHIBITIONS AND EXCHANGES IN MUSIC, DANCE, THEATER, VISUAL ARTS, ARCHITECTURE AND HISTORIC RESEARCH AND PRESERVATION. 500964 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 2 1 0 1 NL 0 0 0 1 1 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 NY X X THE FOUNDATION 2128251221 82 WALL STREET SUITE 709 NEW YORK NY 10005 ENNIUS E BERGSMA 8.00 X X 0 0 0 AMB C HOWARD WILKINS JR 2.00 X X 0 0 0 JOANNES J H JOOSTEN 4.00 X X 0 0 0 EWOUD SWAAK 0.30 X 0 0 0 MERIJN BOENDER 0.30 X 0 0 0 MONIQUE BOUTROS 1.00 X 0 0 0 AMB K TERRY DORNBUSH 0.50 X 0 0 0 ANDREW ENSCHEDE 0.30 X 0 0 0 OTTHO HELDRING 1.00 X 0 0 0 RUTGER LAMBRIEX 1.00 X 0 0 0 BUFORD C ALEXANDER 1.00 X 0 0 0 PAUL KLAASSEN 0.30 X 0 0 0 CHARLES LAUREY 0.30 X 0 0 0 HANS GIESKES 1.00 X 0 0 0 DR JOHN PALMS 2.00 X 0 0 0 FRED PEELEN 8.00 X 0 0 0 PROF THEODORE PRUDON 2.00 X 0 0 0 JC HUIZENGA 0.30 X 0 0 0 BAS NIEUWEWEME 1.00 X 0 0 0 WILLIAM TUCKER 4.00 X 0 0 0 PAULINE SCHROOYEN 2.00 X 0 0 0 FRANS VAN DER MINNE 1.00 X 0 0 0 ANGELA MOLENAAR 40.00 X 109946 0 0 MARC VAN GELDER 0.50 X 0 0 0 MAARTEN R VAN HENGEL 1.00 X 0 0 0 THOMAS WYSMULLER 0.50 X 0 0 0 C JURJAN WOUDA KUIPERS 4.00 X 0 0 0 WALTER VAN KUIJEN 0.30 X 0 0 0 KARIN DOEKSEN 0.30 X 0 0 0 COLIN DYER 0.30 X 0 0 0 PETE HOEKSTRA 0.30 X 0 0 0 GUY JONCKHEER 0.30 X 0 0 0 ELIZABETH VAN SCHILFGAARDE 0.30 X 0 0 0 109946 0 0 1 0 0 0 0 542310 262692 805002 121028 121028 3619590 2809894 809696 809696 809696 159482 542310 272765 -113283 -113283 1622443 0 0 817441 84500 84500 104782 104782 110000 110000 110833 77583 22167 11083 29120 17472 11648 8165 5546 1973 646 12500 8490 3020 990 26200 5240 20960 41200 41200 68500 68500 12256 12256 21290 10626 6343 4321 40322 27419 9677 3226 31209 21222 7490 2497 4139 2815 993 331 CULTURAL PROGRAM EXPENS 16837 16837 WEBSITE & COMMITTEE EXP 8235 2241 5730 264 REUVERS - NACEE FEE 7680 7680 REUVERS PROGRAM EXPENSE 3501 3501 250 250 741519 500964 127737 112818 890006 447749 90899 76597 297801 403209 3176 3996 14030 6209 11960 7821 3236849 3472172 8849 7405 4539540 4418949 72686 64546 10000 12978 9025 19000 19000 114664 92571 X 2331132 2387949 2093744 1938429 4424876 4326378 4539540 4418949 X 880924 -979422 X X 0 1 1 X 0 X 970031 543194 615923 278805 262692 2670645 970031 543194 615923 278805 262692 2670645 185730 2484915 122332 116912 78284 81984 121028 520540 3191185 0.77870 0.87030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2903407 569661 -60153 100000 4774 41900 3266241 2817503 253110 137500 10546 19160 2903407 2601067 402741 140800 8610 36895 2817503 3779202 -987440 157033 33662 2601067 0.42000 0.58000 0 0 14030 6209 7821 7821 DC AWARDS 19000 19000 1622443 741519 880924 -978621 -801 -979422 -98498 562265 -978621 -801 -979422 1541687 12256 68500 80756 1622443 660763 0 660763 12256 68500 80756 741519 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: 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 BOARD LOOKS 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2007. PART XI, LINE 8 - OTHER ADJUSTMENTS: LOSS ON FOREIGN CURRENCY -801. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON FOREIGN CURRENCY -801. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONSULTANT EXP INCLUDED IN SPECIAL EVENT 68,500. PART XIII, LINE 4B - OTHER ADJUSTMENTS: CONSULTANT EXP INCLUDED IN SPECIAL EVENT 68,500. 1 0 0 0 0 0 0 0 0 0 EDUCATIONAL SCHOLARSHIPS EUROPE 8 100000 CHECK 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: STUDENTS APPLY FOR SCHOLARSHIPS THROUGH THE INSTITUTE FOR INTERNATIONAL EDUCATION AND THE FULBRIGHT CENTER. THE APPLICATIONS ARE SCREENED BY THE APPLICABLE CENTER. SUCCESSFUL CANDIDATES ARE SENT TO THE NAF EDUCATIONAL COMMITTEE WHERE THE FINAL SELECTION OF RECIPIENTS IS DETERMINED. X 1 DEVELOPMENT UNLIMITED INC 390 E 59TH ST SUITE 1806 NEW YORK NY 10022 PSB BALL 0 511740 54500 457240 DEVELOPMENT UNLIMITED INC 390 E 59TH ST SUITE 1806 NEW YORK NY 10022 WASHINGTON DC AWARDS DINNER 0 154850 14000 140850 666590 68500 598090 NY PETER STUYVESANT BALL 511740 413740 98000 118819 73057 DC AWARDS DINNER 154850 126570 28280 24670 25041 3 35202 2000 33202 12570 18608 701792 542310 159482 156059 116706 272765 -113283 EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) PSB BALL COORDINATOR 0 ISSUE PROJECT ROOM 232 THIRD STREET APTF301 BROOKLYN NY 11215 200367608 501(C)(3) 5000 CULTURAL GRANT THE MORGAN LIBRARY MUSEUM 225 MADISON AVENUE NEW YORK NY 10016 131624146 501(C)(3) 5000 EXHIBITION OF 17TH CENTURY DUTCH PAINTINGS SMITHSONIAN COOPER-HEWITT NATIONAL DESIGN MUSEUM 2 EAST 91ST STREET NEW YORK NY 10128 530206027 501(C)(3) 5000 CULTURAL GRANT PHILADELPHIA MUSEUM OF ART POBOX 7646 PHILADELPHIA PA 19101 231365388 501(C)(3) 5000 CULTURAL GRANT THE ROYAL NETHERLANDS EMBASSY 4200 LINEAR AVENUE NW WASHINGTON DC 20008 5000 CULTURAL GRANT 4 1 US FELLOWSHIPS 6 96197 CULTURAL GRANT 1 5000 FORM 990, PART VI, SECTION B, LINE 11 FEDERAL FORM 990 IS PREPARED THROUGH A JOINT EFFORT OF MANAGEMENT AND THE TAX PROFESSIONALS. THE RETURN IS PRESENTED TO THE AUDIT COMMITTEE FOR THEIR REVIEW. 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, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND TAX FORMS ARE AVAILABLE UPON REQUEST AT THE FOUNDATIONS OFFICE. THE 990 IS ALSO AVAILABLE ON-LINE WITH GUIDESTAR. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -978,621. LOSS ON FOREIGN CURRENCY -801. TOTAL TO FORM 990, PART XI, LINE 5: -979,422. THE NAF'S AUDIT COMMITTEE HAS THE RESPONSIBILITY TO ENGAGE THE AUDITORS, MEET WITH THEM TO DISCUSS THE AUDIT PLAN, REVIEW THE FINANCIAL STATEMENTS AND DISCUSS ANY MATTERS THAT MAY ARISE IN THE COURSE OF THEIR ENGAGEMENT. UPON SATISFACTION OF THEIR DUTIES, THE COMMITTEE REPORTS THEIR FINDINGS TO THE BOARD. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.