Overview
What is National Foreign Trade Council Foundation?
The National Foreign Trade Council Foundation, based in Washington D.C., is a nonprofit organization dedicated to fostering a comprehensive understanding of international economics, trade, and investment. Their mission is to encourage and promote these vital aspects, aiming to stimulate economic growth and job creation globally. They achieve this by conducting seminars, lectures, and meetings, offering up-to-date information and analysis to their members on international economic and trade, tax, and investment issues. Despite COVID-related restrictions limiting in-person activities in 2022, their commitment to this mission remains unwavering.
Official website here: www.nftcfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96%
The National Foreign Trade Council Foundation receives a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. With a perfect score in Accountability & Finance, the organization demonstrates thorough oversight and transparency in its operations, which is crucial for building trust among donors and stakeholders.
Key strengths include a fully independent board of directors and robust financial policies, including conflict of interest and whistleblower protections. The organization shows a high program expense ratio of 92.72%, indicating that a significant portion of its resources is directed toward its mission-related activities rather than administrative costs. This efficiency is a positive sign for potential supporters looking to maximize their impact.
While the foundation has showcased impressive financial health and governance, it remains essential for potential donors to consider how its mission aligns with their philanthropic goals. Overall, the rating illustrates a well-managed nonprofit that prioritizes integrity and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is National Foreign Trade Council Foundation legitimate?
National Foreign Trade Council Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Foreign Trade Council 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nftcfoundation.org
What is the mission statement of National Foreign Trade Council Foundation?
The National Foreign Trade Council Foundation's mission is to inspire, promote, encourage, and facilitate international trade and investment. This aim is to boost economic growth and create job opportunities worldwide. The foundation accomplishes this by conducting seminars, lectures, and meetings to foster public understanding of international economics, trade, and investment. Additionally, they provide members with current information and analysis on international economics, trade, tax, and investment issues. However, due to COVID-19 restrictions, in-person activities were limited in 2022.
Official website here: www.nftcfoundation.org
Who is the CEO of National Foreign Trade Council Foundation?
Leslie Griffin is the President of National Foreign Trade Council Foundation.
Official website here: www.nftcfoundation.org
What is the revenue of National Foreign Trade Council Foundation?
National Foreign Trade Council Foundation's revenue in 2022 was $745,687.
Official website here: www.nftcfoundation.org
Who are the executives of National Foreign Trade Council Foundation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $135,600
- Other: $21,466
- Compensation: $0
- Related: $84,536
- Other: $9,893
- Compensation: $0
- Related: $243,756
- Other: $15,848
- Compensation: $0
- Related: $210,141
- Other: $15,211
Official website here: www.nftcfoundation.org
Where can I find the form 990 for National Foreign Trade Council Foundation?
National Foreign Trade Council Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nftcfoundation.org
Learn more at the official website: www.nftcfoundation.org
Mission Statement of National Foreign Trade Council Foundation
The National Foreign Trade Council Foundation is committed to inspiring, promoting, encouraging, and facilitating international trade and investment. Their mission is geared towards enhancing economic growth and job creation on a global scale. Through their activities, they strive to foster a public understanding of international economics, trade, and investment, providing current information and analysis on these topics to members of the NFTC. Due to COVID-19 restrictions, their in-person activities were limited in 2022.
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Impact
August, 2024
The National Foreign Trade Council Foundation inspires, promotes, encourages, and facilitates international trade and investment to enhance economic growth and job creation worldwide. Through seminars, lectures, and meetings, the organization aims to foster public understanding of international economics, trade, and investment. By providing current information and analysis on these issues to its members, the foundation plays a crucial role in advancing global economic cooperation and development. Despite limitations on in-person activities in 2022 due to COVID restrictions, the National Foreign Trade Council Foundation continues to make a meaningful impact in promoting international trade and investment.
This information is meant to be a general summary of National Foreign Trade Council 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: $87
- Program Service Revenue: $745,600
- Gross Receipts: $746,038
Assets and Liabilities:
- Total Assets: $774,428
- Total Liabilities: $1,966
- Net Assets: $772,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GIF/IP INCOME
Revenue
$382,500
WORLD TRADE DINNER INCOME
Revenue
$192,000
WORKER CENTRIC TRADE INCOME
Revenue
$150,000
VIRTUAL EVENT
Revenue
$21,100
Organization Details
Founding Year
1914
Phone
(202) 887-0278Principal Officer
Leslie Griffin
Main Address
1225 NEW YORK AVE NW SUITE 650B, WASHINGTON, DC, 20005
Website
www.nftcfoundation.orgNTEE Category
Code: Q30 - International
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