Overview
What is The French-American Foundation?
Established in 1976, The French-American Foundation serves as a unique organization dedicated to fostering and strengthening the relationship between France and the United States at the highest levels of leadership. With a mission to address shared concerns and promote progress, the foundation conducts various initiatives. The Young Leaders Program gathers influential French and American professionals, encouraging dialogue on pressing global issues. The Transatlantic Forum is an exclusive membership group that facilitates discussions among established professionals on contemporary topics. Additionally, the foundation awards an annual Translation Prize to recognize outstanding translations from French to English, thereby promoting French literature in the United States. Lastly, the foundation is committed to advancing cyber security-related dialogue between France and the United States. Operating with a team of 6 dedicated individuals, the French-American Foundation strives to perpetuate the shared ideals and friendship between these two nations.
Official website here: www.frenchamerican.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100% (Four-Star out of Four Star rating)
The French-American Foundation has achieved a top-tier Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With a perfect score in this category, the organization demonstrates transparency and effective governance, which is crucial for building trust with donors and stakeholders. The presence of a fully independent board further enhances its credibility, positioning it as a responsible steward of resources.
Strengths of the foundation include a high program expense ratio of 76.51%, indicating that a significant portion of its funds is allocated directly to its programs rather than administrative costs. Additionally, the organization maintains rigorous oversight practices, including a well-structured audit and oversight committee, which reinforces its financial discipline. Policies on conflicts of interest, whistleblower protections, and document retention are clearly outlined, which showcases its commitment to ethical operational practices.
While the foundation excels in financial accountability and governance, ongoing evaluation of program effectiveness and impact may provide further insights into its overall mission success. However, based on the available data, The French-American Foundation stands out as a model nonprofit organization with robust financial practices and governance structures in place.
This AI summary has been generated from information found on Charity Navigator.
Is The French-American Foundation legitimate?
The French-American Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The French-American 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: $250,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $271,275
For more financial information, click here
Official website here: www.frenchamerican.org
What is the mission statement of The French-American Foundation?
The French-American Foundation, established in 1976, is dedicated to fostering a strong transatlantic relationship between France and the United States, recognizing the significance of this bond in the contemporary world. The organization's mission is to enrich this relationship by establishing lasting, practical collaborations and addressing shared concerns. Through initiatives such as the Young Leaders Program, Transatlantic Forum, and the Translation Prize, the Foundation encourages dialogue and understanding between French and American professionals, promoting a globalized perspective and progress in addressing pressing issues. Additionally, the Foundation focuses on cyber security, bringing together leaders from various sectors to discuss emerging challenges in a transatlantic context.
Official website here: www.frenchamerican.org
Who is the CEO of The French-American Foundation?
Caroline Naralasetty is the President of The French-American Foundation.
Official website here: www.frenchamerican.org
What is the revenue of The French-American Foundation?
The French-American Foundation's revenue in 2022 was $766,818.
Official website here: www.frenchamerican.org
Who are the executives of The French-American Foundation and what are their salaries?
The average compensation at The French-American Foundation during 2022 was $86,879. There are 6 employees and 48 volunteers at The French-American Foundation.
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Official website here: www.frenchamerican.org
Where can I find the form 990 for The French-American Foundation?
The French-American Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.frenchamerican.org
Learn more at the official website: www.frenchamerican.org
Mission Statement of The French-American Foundation
The French-American Foundation, established in 1976, is an organization dedicated solely to nurturing and strengthening the relationship between France and the United States at the highest levels of leadership. Its mission is to foster a transatlantic relationship that is crucial in today's world, drawing upon over two centuries of shared ideals and friendship. The Foundation aims to create lasting, practical ties between the two nations and collaborate on addressing common challenges in the 21st century.
To achieve its mission, The French-American Foundation implements various programmatic initiatives. One such initiative is the Young Leaders Program, which brings together a select group of French and American professionals who share a passion for fostering cross-cultural bonds. Through engaging dialogues on issues of mutual concern, these young leaders aim to contribute to the resolution of pressing global issues.
Another key program is the Transatlantic Forum, an exclusive membership group that assembles established French and American professionals for in-depth discussions on contemporary topics affecting both sides of the Atlantic. The Foundation also honors exceptional translations from French to English through its Translation Prize, which promotes French literature in the United States and increases translators' visibility among publishers and readers.
Furthermore, The French-American Foundation has a long-standing commitment to discussing cyber security-related topics that are of mutual concern for France and the United States. Through their Cyber Security Program, they organize annual conferences and relevant events in other initiatives to convene leaders from military, government, industry, and academia to tackle emerging cyber security challenges in a transatlantic context.
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Impact
August, 2024
The French-American Foundation plays a crucial role in sustaining and strengthening the French-American relationship at the highest levels of leadership. By bringing together professionals from both countries through initiatives such as the Young Leaders Program and the Transatlantic Forum, the Foundation fosters informed dialogue and collaboration on pressing issues of common concern. Additionally, through the Translation Prize, the Foundation promotes French literature in the United States, enhancing cultural exchange between the two nations. The Foundation's commitment to advancing dialogue on cyber security-related topics further demonstrates its impact in addressing emerging challenges in a transatlantic context.
This information is meant to be a general summary of The French-American 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $69,107
- Gross Receipts: $2,369,245
Assets and Liabilities:
- Total Assets: $4,003,005
- Total Liabilities: $591,981
- Net Assets: $3,411,024
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Organization Details
Founding Year
1976
Principal Officer
Caroline Naralasetty
Main Address
28 West 44th Street STE 912, New York, NY, 10036
Website
www.frenchamerican.orgNTEE Category
Code: Q050 - International
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