Overview
What is The Netherland-America Foundation Inc?
The Netherland-America Foundation Inc, established in 1921, is a prominent nonprofit organization situated in New York City. With a mission to foster connections between the peoples of the Netherlands and the United States, the foundation engages in various activities. These include funding scholarships for Dutch and American students pursuing higher education, offering study loans for students seeking opportunities in both countries, and sponsoring J1 visas for Dutch students participating in internships or training programs in the U.S. The foundation also supports business exchange, cultural grants, and fundraising for Dutch cultural and educational institutions. Through its fiscal sponsorship program, U.S. donors can make tax-deductible contributions to individual projects. With a commitment to building bridges between the two nations, the foundation offers opportunities in fields such as arts, sciences, education, business, and public affairs.
Official website here: www.thenaf.org
Is The Netherland-America Foundation Inc legitimate?
The Netherland-America Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Netherland-America Foundation Inc 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: $178,924
Professional Fundraising Fees: $0
Other Salaries and Wages: $295,260
For more financial information, click here
Official website here: www.thenaf.org
What is the mission statement of The Netherland-America Foundation Inc?
The Netherland-America Foundation Inc's mission is centered around strengthening the bond between the Netherlands and the United States. This is achieved through various exchange programs, focusing on arts, sciences, education, business, and public affairs. They offer fellowships, scholarships, and internship grants for students from both countries. Additionally, they provide interest-free study loans and sponsor J1 visas for Dutch students participating in internships or trainee programs in the United States. The foundation also supports business exchange and cultural grants, encouraging artistic exchange between both nations. They facilitate fundraising in the United States for Dutch cultural and educational institutions and offer a fiscal sponsorship program for individual projects, making U.S. donors' gifts tax-deductible.
Official website here: www.thenaf.org
What is the revenue of The Netherland-America Foundation Inc?
The Netherland-America Foundation Inc's revenue in 2023 was $4,038,668.
Official website here: www.thenaf.org
Who are the executives of The Netherland-America Foundation Inc and what are their salaries?
The average compensation at The Netherland-America Foundation Inc during 2023 was $94,837. There are 5 employees and 170 volunteers at The Netherland-America Foundation Inc.
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- Compensation: $174,593
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- Other: $18,501
Official website here: www.thenaf.org
Where can I find the form 990 for The Netherland-America Foundation Inc?
The Netherland-America Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thenaf.org
Learn more at the official website: www.thenaf.org
Mission Statement of The Netherland-America Foundation Inc
The Netherland-America Foundation Inc, established in 1921, is committed to strengthening the bond between the Netherlands and the United States. This mission is achieved through exchange programs in various sectors, including arts, sciences, education, business, and public affairs. The foundation's activities are diverse and far-reaching.
In the realm of education, the Netherland-America Foundation offers fellowships to Dutch and American students pursuing graduate-level studies in each other's countries. Scholarships are also awarded to high-achieving Dutch students for summer academic study and internships in Washington D.C. Additionally, interest-free study loans are provided to both Dutch and American students seeking to study in the respective countries.
Beyond education, The Netherland-America Foundation supports cultural exchange by sponsoring grants for all areas of the arts. Both emerging artists and established organizations can apply for these grants, fostering cultural exchange between the two nations. The foundation also facilitates fundraising in the United States for Dutch cultural and educational institutions, providing a fiscal sponsorship program for individual projects.
In summary, The Netherland-America Foundation's mission is to build upon the shared heritage and values between the Netherlands and the United States. This is achieved through various exchange programs in the arts, sciences, education, business, and public affairs. The foundation offers fellowships, scholarships, interest-free study loans, J1 visa sponsorship, business exchange opportunities, and cultural grants to facilitate this exchange and strengthen the bond between the two nations.
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Impact
October, 2024
The Netherland-America Foundation Inc plays a crucial role in strengthening the relationship between the Netherlands and the United States through various innovative and impactful initiatives. Founded in 1921, the foundation focuses on building upon the shared heritage and values of both nations.
One of its significant contributions is the NAF-Fulbright Fellowships, which support Dutch and American students in pursuing graduate studies in each other's countries, fostering cross-cultural academic collaboration. The foundation also awards scholarships to high-achieving Dutch students for summer academic experiences and internships in Washington, D.C., nurturing the next generation of leaders.
Additionally, through its internship grants, the foundation supports both high-achieving and low-income students, enhancing their professional experiences in the U.S. These grants are particularly beneficial to graduates of specialized programs, such as the Master Global Health Program at Maastricht University, allowing them to gain valuable on-ground experience in the health field.
The foundation provides interest-free study loans to Dutch students aiming to study in the United States and American students looking to study in the Netherlands, removing financial barriers to international education. The J1 visa sponsorship further facilitates these experiences by enabling Dutch students to participate in internships or traineeships in the U.S.
The foundation also promotes business exchange by hosting meetings and lectures that encourage the flow of ideas and expertise among professionals from both nations. It actively supports cultural exchange through grants for arts projects that connect emerging artists and established organizations, enriching the cultural tapestry of both countries.
By spearheading initiatives like the Friends Funds, the foundation facilitates fundraising efforts in the U.S. for Dutch cultural and educational institutions, thereby strengthening the cultural bonds between the two nations. Through these multifaceted efforts, The Netherland-America Foundation Inc significantly impacts educational, cultural, and professional exchanges that fortify ties between the Netherlands and the United States.
This information is meant to be a general summary of The Netherland-America Foundation Inc. 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 2023.
- Investment Income: $180,872
- Gross Receipts: $8,379,061
Assets and Liabilities:
- Total Assets: $7,918,449
- Total Liabilities: $294,217
- Net Assets: $7,624,232
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Organization Details
Founding Year
1921
Principal Officer
Michiel Van Schaardenburg
Website
www.thenaf.orgNTEE Category
Code: Q200 - International
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