U S RUSSIA FOUNDATION FOR ECNOMIC ADVANCEMENT AND THE RULE OF LAW: Form 990, tax year 2009
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
- 2009-10-01 to 2010-09-30
- Filed
- 2011-03-16
- IRS object ID
- 201140759349300504
- Schema version
- 2009v1.7
- 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 | 2011-03-16T11:07:58-05:00 | Timestamp |
| Tax Period End Date | 2010-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO WORLD FINANCIAL CENTER | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10281 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-10-01 | 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 Advancement | BusinessNameLine1 |
| Business Name Line2 | and the Rule of Law | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | USRU | NameControl |
| Phone | 4102248430 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 137 Mitchells Chance Road | AddressLine1 |
| City | Edgewater | City |
| State | MD | State |
| ZIP Code | 21037 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Alan Griffin | Name |
| Title | CFO | Title |
| Date Signed | 2011-03-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Steven Lapsker | Name |
| Phone | 2124362000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | 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 Rd 140 | AddressLine1 |
| City | Edgewater | City |
| State | MD | State |
| ZIP Code | 21037 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 204461 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| 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 | The mission of USRF is to support the long-term economic development of Russia's market economy, working in close partnership with the Russian government and leading Russian institutions. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | 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 | 2419000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 32215 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 436391 | InvestmentIncomePriorYear |
| Investment Income Current Year | 204461 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2887606 | TotalRevenuePriorYear |
| Total Revenue Current Year | 204461 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 450468 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3222297 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2174170 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1384684 | 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 | 2196948 | OtherExpensePriorYear |
| Other Expenses Current Year | 1685633 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4821586 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6292614 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1933980 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -6088153 | RevenuesLessExpensesCY |
| Total Assets BOY | 52887453 | TotalAssetsBOY |
| Total Assets EOY | 48082077 | TotalAssetsEOY |
| Total Liabilities BOY | 275478 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1864852 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 52611975 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 46217225 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF THE U.S. RUSSIA FOUNDATION (USRF) IS 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, 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 | true | SignificantNewProgramServices |
| Significant Change | true | SignificantChange |
| Expense | 1995702 | Expense |
| Grants | 1268417 | Grants |
| Description | Rule of Law: Development of professional ties between Russian Supreme Arbitrage Court and members of the USRF Rule-of-Law Advisory Committee to translate expertise gained by Russian judges in the areas as commercial law, ethics, and access to judicial information directly into the Russian legal system. Efforts to support the introduction and implementation of an individual bankruptcy law and to support the Russian judicial system's ability to handle insolvency. Efforts to support the modernization of the Russian legal education so that it can prepare lawyers and judges to work effectively in a global market economy. Targeted grants to organizations to support the above purposes. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1237833 | Expense |
| Grants | 1005774 | Grants |
| Description | Economic Development and Entrepreneurship: Targeted grants to organizations to support entrepreneurship and economic development in Russia. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1254977 | Expense |
| Grants | 948106 | Grants |
| Description | Enhancing University Research and Entrepreneurial Capacity ("EURECA"): Promote the modernization, innovation, and diversification of Russia's economy by supporting Russian university training in entrepreneurship and the commercialization of its research. Through direct support and targeted grants, USRF enhances U.S. - Russia ties with exchanges, curriculum development, training, and university partnerships bringing together the university community, business, and government, a coalition that lies at the core of a modern innovative knowledge economy. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 4488512 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | true | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 4 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 3 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | RS | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ALAN GRIFFIN | NamePerson |
| Telephone Number | 4102248645 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 137 MITCHELLS CHANCE ROAD SUITE 14 | AddressLine1 |
| City | EDGEWATER | City |
| State | MD | State |
| ZIP Code | 21037 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| The Honorable James F Collins | ||||||
| Co-Chairman | 9.0 | X | 0 | 0 | 0 | |
| Steven L Pease | ||||||
| Co-Chairman/Dir. | 10.0 | X | 0 | 0 | 0 | |
| Karen N Horn | ||||||
| Vice-Chairman/Dir./treas./sec. | 8.0 | X | 0 | 0 | 0 | X |
| The Honorable Stephen E Biegun | ||||||
| Director | 3.0 | X | 0 | 0 | 0 | |
| dr Jenne K Britell | ||||||
| Director | 6.0 | X | 0 | 0 | 0 | |
| Frank J Caufield | ||||||
| Director | 6.0 | X | 0 | 0 | 0 | |
| Arthur DelVesco | ||||||
| Director | 3.0 | X | 0 | 0 | 0 | |
| David Hathaway | ||||||
| Director | 16.0 | X | 0 | 0 | 0 | |
| The Honorable Michael M Mihm | ||||||
| Director | 18.0 | X | 0 | 0 | 0 | |
| Charles E Ryan | ||||||
| Director | 3.0 | X | 0 | 0 | 0 | |
| Sergei Borisov | ||||||
| Director | 3.0 | X | 0 | 0 | 0 | |
| Nadya Seryakova | ||||||
| Director | 3.0 | X | 0 | 0 | 0 | |
| Mark G Pomar | ||||||
| president and CEO | 40.0 | 675268 | 0 | 71314 | X | |
| Alan Griffin | ||||||
| COO/CFO & Assis. Treasur./Sec. | 40.0 | 215730 | 0 | 68174 | X | |
| Lori Jones | ||||||
| Assistant Treasurer/Secretary | 40.0 | 66612 | 0 | 24540 | X | |
| Anna Danilina | ||||||
| Assistant Treasurer/Secretary | 40.0 | 43307 | 0 | 0 | X | |
| robert c odle jr | ||||||
| counsel | 3.0 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1000917 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 164028 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Weil Gotshal Manges LLP | NamePerson |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1300 Eye Street NW Suite 900 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20005 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | Legal Services | DescriptionOfServices |
| Compensation | 217038 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 204461 | TotalRevenueColumn |
| Exclusion | $204,461 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 204461 | TotalRevenueColumn |
| Exclusion | $204,461 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1102395 | Total |
| Program Services | 1102395 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2119902 | Total |
| Program Services | 2119902 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1132669 | Total |
| Program Services | 481800 | ProgramServices |
| Management And General | 650869 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 189129 | Total |
| Program Services | 90214 | ProgramServices |
| Management And General | 98915 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3722 | Total |
| Program Services | 1861 | ProgramServices |
| Management And General | 1861 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59164 | Total |
| Program Services | 26683 | ProgramServices |
| Management And General | 32481 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226378 | Total |
| Management And General | 226378 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 109690 | Total |
| Management And General | 109690 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103542 | Total |
| Management And General | 103542 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 204359 | Total |
| Program Services | 143818 | ProgramServices |
| Management And General | 60541 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83067 | Total |
| Program Services | 31097 | ProgramServices |
| Management And General | 51970 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33406 | Total |
| Program Services | 14340 | ProgramServices |
| Management And General | 19066 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 270032 | Total |
| Program Services | 150979 | ProgramServices |
| Management And General | 119053 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 490493 | Total |
| Program Services | 312408 | ProgramServices |
| Management And General | 178085 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22519 | Total |
| Management And General | 22519 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31413 | Total |
| Program Services | 13015 | ProgramServices |
| Management And General | 18398 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27469 | Total |
| Management And General | 27469 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80022 | Total |
| Management And General | 80022 | ManagementAndGeneral |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CURRENCY TRANSLATION ADJ. | Description |
| Total | 3243 | Total |
| Management And General | 3243 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6292614 | Total |
| Program Services | 4488512 | ProgramServices |
| Management And General | 1804102 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22527 | BOY |
| EOY | 48663 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52348299 | BOY |
| EOY | 47720274 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86420 | BOY |
| EOY | 51913 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 314509 | BOY |
| EOY | 186435 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 114712 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 39920 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115698 | BOY |
| EOY | 74792 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52887453 | BOY |
| EOY | 48082077 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275478 | BOY |
| EOY | 217603 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1647249 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275478 | BOY |
| EOY | 1864852 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52611975 | BOY |
| EOY | 46217225 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52611975 | BOY |
| EOY | 46217225 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52887453 | BOY |
| EOY | 48082077 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | 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 | 1821582 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1701551 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2133412 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2419000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 8075545 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1821582 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1701551 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2133412 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2419000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 8075545 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 8075545 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9396 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5544 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 314149 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 436391 | CurrentTaxYearMinus1Year |
| Current Tax Year | 204461 | CurrentTaxYear |
| Total | 969941 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 9045486 | TotalSupport |
| Gross Receipts From Admissions Etc | 190852 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.89277 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.92656 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Land | Land | |
| Buildings | Buildings |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5248 | OtherCostOrOtherBasis |
| Depreciation | 1657 | Depreciation |
| Book Value | 3591 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 41530 | OtherCostOrOtherBasis |
| Depreciation | 16848 | Depreciation |
| Book Value | 24682 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 67934 | OtherCostOrOtherBasis |
| Depreciation | 21415 | Depreciation |
| Book Value | 46519 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 74792 | TotalOfBookValueLandBuildings |
| Total Revenue | 204461 | TotalRevenue |
| Total Expenses | 6292614 | TotalExpenses |
| Excess Or Deficit For Year | -6088153 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -15892 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -15892 | TotalAdjustments |
| Excess Or Deficit Per FS | -6104045 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 85027 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -15892 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -15892 | RevenueNotRptdF990 |
| Revenue Subtotal | 100919 | RevenueSubtotal |
| Other Revenues Not Included | 103542 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 103542 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 204461 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6189071 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 6189071 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 103542 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 1 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 103543 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6292614 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule D, Part XIII, Line 4b | Identifier |
| Explanation | Rounding $ 1 | Explanation |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Russia and the Newly Independent States | Region |
| Number Of Offices | 1 | NumberOfOffices |
| Number Of Employees | 8 | NumberOfEmployees |
| Specific Services Provided | See Sched F Part IV | SpecificServicesProvided |
| Total Expenditures | 5190219 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 8 | TotalNumberOfEmployees |
| Total Amount Spent | 5190219 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS (19 entries)
| RegionRegion | Purpose Of GrantPurposeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|
| Russia | Public Support | 100000 | WIRE | Cash |
| Russia | Public Support | 95000 | WIRE | Cash |
| Russia | Public Support | 164800 | WIRE | Cash |
| Russia | Public Support | 96000 | WIRE | Cash |
| Russia | Public Support | 100840 | WIRE | Cash |
| Russia | Public Support | 99919 | WIRE | cash |
| Russia | Public Support | 149909 | WIRE | Cash |
| Russia | Public Support | 93200 | WIRE | Cash |
| Russia | Public Support | 90000 | WIRE | Cash |
| Russia | Public Support | 401592 | WIRE | Cash |
| Russia | Public Support | 50000 | WIRE | Cash |
| Russia | Public Support | 99840 | WIRE | Cash |
| Russia | Public Support | 94430 | WIRE | Cash |
| Russia | Public Support | 95000 | WIRE | Cash |
| Russia | Public Support | 55000 | WIRE | Cash |
| Russia | Public Support | 98850 | WIRE | Cash |
| Russia | Public Support | 99184 | WIRE | Cash |
| Russia | Public Support | 36353 | WIRE | Cash |
| Russia | public support | 99985 | wire | cash |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 19 | TotalNumberOf501c3Orgs |
| Total Number Of Other Orgs | 0 | TotalNumberOfOtherOrgs |
Form990 Schedule F Part IV Form990ScheduleFPartIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| 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 addresses the charitable missions supported by USRF. If a Foundation grant application is determined to be worthy of support, it is will be recommended for approval to the Grants Committee in the case it is less than $100,000 and to the full Board in the case it is more than $100,000. 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 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. Grant Manager will make site visit 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 offices outside the United States in 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 foreign 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 US organizations, as expenditures from a foreign region even though certain administrative functions are performed back in the United States. |
| Schedule F, Part I, line 3 | 3. Activities per Region (a) Region - All of the foreign activities have been conducted in Russia. (b) Number of offices in the Region - 1 (c) Number of employees or agents in region - 8 (d)/(e) Activities conducted in region and specific services conducted Two activities are conducted: (i) Program Services - Rule of Law, Economic Development, EURECA. Total Expenditure (f) - $3,070,317. (ii) Grants to Recipients located in Region. Total Expenditure (f) - $2,119,902. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (8 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 | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|---|
| Financial Services Volunteer Corporation | |||||||||
| 800 Third Avenue 11th Floor | New York | NY | 10022 | 133568629 | 501(c)(3) | 100000 | Cash | Public Support | |
| American-Russian Cultural Cooperation Foundation | |||||||||
| 1050 17th street NW | Washington | DC | 20036 | 521806862 | 501(c)(3) | 250000 | Cash | Public support | |
| International Law Students Association | |||||||||
| 25 E Jackson BlvdSuite OMB1051 | Chicago | IL | 60604 | 521903945 | 501(c)(3) | 58283 | Cash | Public support | |
| American Councils for International Education | |||||||||
| 1828 L street NW Suite 1200 | Washington | DC | 20036 | 521067256 | 501(c)(3) | 525109 | Cash | Public support | |
| National Council for Eurasian & East Euro Research | |||||||||
| University of Washington | Seattle | WA | 98195 | 521121063 | 501(c)(3) | 21405 | Cash | Public support | Box 353650 |
| Paul Klebnikov Fund | |||||||||
| An activity of the Train Foundation | New York | NY | 10022 | 133391238 | 501(c)(3) | 34000 | Cash | Public support | 505 Park Avenue 20th Floor |
| University of North Carolina Chapel Hill | |||||||||
| 104 Airport Dr Ste 3200 Cb | Chapel Hill | NC | 275140309 | 591711424 | 501(c)(3) | 50000 | Cash | Public support | |
| University of Pittsburgh | |||||||||
| 300 Campus Drive | Bradford | PA | 16701 | 251399653 | 501(c)(3) | 63598 | Cash | Public support | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 8 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule I, Part 1, Line 2 | Identifier |
| Explanation | 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 IV, 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 | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | 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 | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| 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 G Pomar | |||||||||||||
| 341756 | 0 | 0 | 0 | 333512 | 0 | 49000 | 0 | 22314 | 0 | 746582 | 0 | 0 | 0 |
| Alan Griffin | |||||||||||||
| 200000 | 0 | 10000 | 0 | 5730 | 0 | 49000 | 0 | 19174 | 0 | 283904 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Schedule J, Part 1, Line 1a | In 1990, the US Congress, Department of State and the USAID adopted a policy that non-executive directors of enterprise funds were authorized to fly first class when travelling 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. |
| Schedule J, Part II | Mark G. Pomar's compensation includes $333,512 in benefits for himself and his family to live in Moscow, Russia. According to the 2010 Mercer survey of 214 cities around the world, Moscow ranks as the 4th most expensive city in the world. Contractual benefits include housing, home leave, tax equalization, English education for his child and income tax preparation. In addition, Mr. Pomar receives life insurance and disability insurance benefits. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|
| Sergei Borisov | ||
| Director | See Schedule O | false |
| Anna Belova | ||
| Director | See Schedule O | false |
| Nadya Seryakova | ||
| Director | See Schedule O | false |
| Robert C Odle Jr | ||
| officer | see schedule o | false |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Line 11A | The Form 990 was prepared by Deloitte Tax, LLP and reviewed in detail with USRF prior to filing. Chief Financial Officer, Alan Griffin, coordinated with Deloitte to provide an accurate and representative Form 990. A copy of the Form 990 was provided to each director of the US Russia Foundation for Economic Advancement and Rule of Law prior to its filing with the Internal Revenue Service (in either an electronic or paper format). The Form 990 was reviewed by the USRF Audit Committee. | |
| Form 990, Part VI, Line 12C | all 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, which shall be reviewed by the audit committee. | |
| Form 990, Part VI, Line 15 A & B | US 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 that 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 the decisions of those individuals who voted on the compensation. | |
| Form 990, Part VI, Line 19 | The taxpayer 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 and conflict of interest policy are available to the public upon request. | |
| Form 990, Part III, Line 3 | The U.S. Russia Foundation for Economic Advancement and the Rule of Law ("USRF") formerly had a wholly owned subsidiary, Center for Entrepreneurship (CFE). CFE has become a separate tax-exempt entity as of 10/1/2009. CFE's financial information can now be found in a separate Form 990. USRF is reporting this change as part of their full disclosure and for comparison purposes. | New Program Services |
| Schedule L, Part IV | Sergei Borisov is an acting Board Member of the U.S. Russia Foundation and the Rule of Law ("USRF") who likewise sits on the Board of Directors of Opora, an organization that received funding from USRF. For the year ended September 30, 2010, USRF provided grants of $95,000 to Opora. Mr. Borisov is not compensated for serving on either Board of Directors. Anna Belova is an acting Board Member of the U.S. Russia Foundation and the Rule of Law ("USRF") who likewise is affiliated with The Committee of 20, an organization that received funding from USRF. For the year ended September 30, 2010, USRF provided grants of $100,840 to The Committee of 20. Ms. Belova is not compensated for serving on either Board of Directors. NADYA SERYAKOVA IS AN ACTING BOARD MEMBER OF THE U.S. RUSSIA FOUNDATION AND THE RULE OF LAW ("USRF") WHO LIKEWISE IS AFFILIATED WITH THE NEW PERSPECTIVES FOUNDATION, AN ORGANIZATION THAT RECEIVED FUNDING FROM USRF. FOR THE YEAR ENDED SEPTEMBER 30, 2010, USRF PROVIDED GRANTS OF $99,184 TO THE NEW PERSPECTIVES FOUNDATION. MS. SERYAKOVA IS NOT COMPENSATED FOR SERVING ON EITHER BOARD OF DIRECTORS. Each of the above mentioned board members recuses themselves from consideration of all grants to their affiliated organizations. 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 $217,038, as reported on Form 990, Part VII, Section B. Mr. Odle is not compensated for his service as an officer to USRF. Mr. odle recuses himself from matters concerning the selection of and compensation of the law firm retained by USRF. | |
| Form, 990, Part III, line 2 | The organization has undertaken a significant program service this year which was not listed on the Prior year form 990. This new program service is enhancing university research and entrepreneurial capacity ("eureca") and is further described in Form 990, Part III, line 4c. | |
| Form 990, Part VII, Section A, line 1a | The officers Mark G. Pomar, Alan Griffin and Lori Jones are compensated by USRF via W-2. The compensation information reported on the USRF 09/30/2010 Form 990 represents compensation disclosed on the 2009 form w-2. Anna Danilina assumed her officer role in 2009 and was a foreign employee. She did not receive a W-2. | |
| Form 990, Part VI, lines 7a and b | Delaware nonstock corporations have members pursuant to section 102(a)(4) of the Delaware General Corporation Law. The Organization's certificate of incorporation provides that "The members of the corporation shall be the u.s. directors... 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." |
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 | 7 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Comments