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The American-Scandinavian Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131623897 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The American-Scandinavian Foundation?

The American-Scandinavian Foundation is a public, not-for-profit organization situated in New York City, with a mission to foster understanding between the United States and the Nordic countries – Denmark, Finland, Iceland, Norway, and Sweden. They achieve this through various programs, including competitive fellowships and grants for study or research, public project grants for cultural institutions, and internship opportunities. Their goal is to promote educational, cultural, and professional exchange between the two regions, celebrating their shared values and appreciating their unique differences. The Foundation's staff consists of 26 dedicated individuals.


Official website here: www.amscan.org

What are the reviews and ratings of this charity?

100% rating from Charity Navigator with a Four-Star out of Four Stars designation signifies that The American-Scandinavian Foundation excels in accountability and finance. This score reflects an organization that maintains high standards in governance, with 98% of its board members being independent, and effective financial oversight ensuring strong operational integrity.

User feedback highlights the foundation's impactful role in facilitating cross-cultural experiences and research opportunities. One client served noted that the funding received was critical for their PhD research in Sweden, emphasizing the lasting connections and benefits gained from the experience. Such testimonials illustrate the foundation's effectiveness in fostering educational and cultural exchanges.

While the organization demonstrates robust financial health with a program expense ratio of 77.88% and minimal liabilities, user feedback is limited. Nevertheless, the positive reviews underscore its dedication to broadening cultural horizons, making it a valuable entity in international education and collaboration.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is The American-Scandinavian Foundation legitimate?

The American-Scandinavian Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American-Scandinavian Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $310,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,193,245

For more financial information, click here


Official website here: www.amscan.org

What is the mission statement of The American-Scandinavian Foundation?

The American-Scandinavian Foundation is a publicly-supported, not-for-profit organization committed to fostering educational, cultural, and professional exchange between the United States and the Nordic countries, including Denmark, Finland, Iceland, Norway, and Sweden. They achieve this goal through various programs such as fellowships, cultural grants, internships/traineeships, publications, exhibitions, and other public events. These initiatives aim to strengthen the relationships between the two regions, celebrating their shared values while also appreciating their differences. The foundation's activities reinforce the strong bonds between the United States and the Nordic countries and contribute to mutual understanding.


Official website here: www.amscan.org

Who is the CEO of The American-Scandinavian Foundation?

Edward P Gallagher is the President of The American-Scandinavian Foundation.


Official website here: www.amscan.org

What is the revenue of The American-Scandinavian Foundation?

The American-Scandinavian Foundation's revenue in 2022 was $6,805,044.


Official website here: www.amscan.org

Who are the executives of The American-Scandinavian Foundation and what are their salaries?

The average compensation at The American-Scandinavian Foundation during 2022 was $57,844. There are 26 employees and 56 volunteers at The American-Scandinavian Foundation.


Here are 59 key members and their salaries:


Edward P Gallagher (President)
  • Compensation: $253,666
  • Related: $0
  • Other: $0
Stephen Mcgrath (Director Of Finance & Administ)
  • Compensation: $118,851
  • Related: $0
  • Other: $0
Sally Yerkovich (Director Of Educational Exchan)
  • Compensation: $105,095
  • Related: $0
  • Other: $0
Lynn Carter (Secretary)
  • Compensation: $26,738
  • Related: $0
  • Other: $0
Daphne L Davidson (Co-Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene V Kokot (Co-Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bente Svensen Frantz (Vice Chairman For Norway)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aili Flint (Vice Chairman For Finland)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen B Peri (Vice Chairmain For The U.S.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henrik Steffensen (Deputy Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monika Heimbold (Vice Chairman For Sweden)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anders Iversen (Vice Chairman For Denmark)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sigridur Benediktsdottir (Vice Chairman For Iceland)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terje Lande (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emma Aer (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles B Anderson (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles K Barbo (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor B Borge (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anders Brag (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Er Dangoor (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristjan T Ragnarsson (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sven Anders Ekernas (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Feirstein (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Inger Gundersen Ginsberg (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henrik Roos (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Siggi Hilmarsson (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Nordberg (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trond S Jensen (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lena Biorck Kaplan (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Kelly (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Kittilsen (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward E Elson (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen W Marx (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyndon L Olson (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbro Osher (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lennard K Rambusch (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Siezing (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Stewart (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lise Stolt-Nielsen (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Inger M Tallaksen (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thor Thors Jr (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Agnes Ahlander Turner (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liv Ullmann (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Zeckendorf (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erkko Etula (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ragnar Meyer-Knutsen (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rutger Von Post (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mats Wermelin (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bard E Bunaes (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Ederer (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erna Kojic (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bjorg Bergsveinsdottir (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morten Degnemark (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Kann (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lizanne Kindler (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tomas Mar Sigurdsson (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asbjorn Skretting (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol E Domina (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jarna Vanto (Executive Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.amscan.org

Where can I find the form 990 for The American-Scandinavian Foundation?

The American-Scandinavian Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.amscan.org

Learn more at the official website: www.amscan.org

Mission Statement of The American-Scandinavian Foundation

The American-Scandinavian Foundation, a publicly-supported not-for-profit organization, is committed to fostering international understanding through an extensive array of programs. Its mission is centered around promoting educational, cultural, and professional exchange between the United States and the Nordic countries, specifically Denmark, Finland, Iceland, Norway, and Sweden. The foundation accomplishes this by offering various opportunities such as fellowships, cultural grants, intern/trainee sponsorship, publications, exhibitions, and public programs. These initiatives serve to strengthen the relationships between the two regions, celebrating their shared values and appreciating their differences. The American-Scandinavian Foundation's activities aim to reinforce the strong bonds between the United States and the Nordic countries, thereby contributing to a more interconnected and understanding global community.

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Impact




July, 2024

The American-Scandinavian Foundation has had a substantial impact on building international understanding through its extensive programs of fellowships, grants, intern/trainee sponsorship, publishing, educational offerings, and membership opportunities.

The foundation's training and fellowship programs have provided vital support to individuals from both the United States and the Nordic countries, enabling them to pursue study, research, and practical work experience in diverse fields. By fostering educational, cultural, and professional exchange between the U.S. and Denmark, Finland, Iceland, Norway, and Sweden, the foundation has helped strengthen the relationships and shared values between these regions while also celebrating their differences.

Through public project grants and support to educational and cultural institutions, the American-Scandinavian Foundation has brought Scandinavian culture and ideas to venues throughout the U.S., enriching the cultural landscape and promoting cross-cultural dialogue. Overall, the foundation's work has significantly contributed to promoting international cooperation and understanding, making a lasting impact on individuals and institutions on both sides of the Atlantic.




This information is meant to be a general summary of The American-Scandinavian Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,805,044 (2022)
Expenses
$4,586,777 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,296,872
  • Program Service Revenue: $123,643
  • Gross Receipts: $18,980,295

Assets and Liabilities:

  • Total Assets: $48,756,359
  • Total Liabilities: $1,663,440
  • Net Assets: $47,092,919

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EXCHANGE PROGRAM FEES

Revenue

$54,340

PROGRAM FEES

Revenue

$69,303

Organization Details

Founding Year

1910

Principal Officer

Edward P Gallagher

Main Address

58 PARK AVENUE, NEW YORK, NY, 10016

NTEE Category

Code: Q200 - International

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