Overview
What is Friedrich Naumann Foundation?
The Friedrich Naumann Foundation is a nonprofit organization, situated in Washington D.C., with a mission to foster transatlantic relations. They achieve this objective by organizing conferences, workshops, study tours, and public roundtables. The events bring together representatives from various sectors, including NGOs, think tanks, associations, the business community, and governments, from both Europe/Germany and North America. The goal is to promote mutual understanding and facilitate the transfer of experiences to solve common problems. The foundation conducts study tours in the U.S. on various topics, such as business and human rights, strategic competition with China, digital currencies, and competition and antitrust. They also organize study tours to Germany through their Transatlantic Dialog Program. One of their initiatives, the Forum on the World Economic Order (WEO), is part of a broader plan to establish regional hubs of expertise on pressing international issues. The forum fosters dialogue among political, business, and scientific leaders, with the aim of facilitating the transfer of expertise in areas like free trade, tax policy, startup culture, digitalization, data privacy, human rights, and labor. The foundation operates with a team of 6 employees.
Official website here: www.fnf-northamerica.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)
The Friedrich Naumann Foundation has received a "Needs Improvement" rating from Charity Navigator, indicating that while the organization has some strengths, there are significant areas that require attention. The foundation demonstrates strong governance with a fully independent board and has an impressive program expense ratio of 82.58%, which suggests that the majority of its funds are allocated towards its mission-driven programs.
However, the foundation faces critical limitations regarding its accountability policies. Notably, it lacks essential documents such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, resulting in a lower score in these areas. These gaps could potentially affect transparency and stakeholder trust, which are vital components for nonprofit operations.
Overall, while the Friedrich Naumann Foundation shows promise in its financial management and governance structure, the absence of key accountability policies raises concerns that could hinder its effectiveness and reputation in the nonprofit sector. Addressing these deficiencies would be crucial for improving its rating and overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Friedrich Naumann Foundation legitimate?
Friedrich Naumann Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friedrich Naumann 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
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Other Salaries and Wages: $271,198
For more financial information, click here
Official website here: www.fnf-northamerica.org/
What is the mission statement of Friedrich Naumann Foundation?
The Friedrich Naumann Foundation aims to promote transatlantic relations by facilitating the exchange of experiences between representatives from various sectors such as NGOs, think tanks, associations, businesses, and governments from Europe and North America. This is achieved through conferences, workshops, study tours, and public roundtables. The objective is to foster mutual understanding and facilitate the transfer of solutions for addressing common challenges on both sides of the Atlantic. One of the initiatives by the foundation is the Forum on the World Economic Order (WEO), which serves as a regional hub of expertise on pressing international issues. The forum promotes dialogue among political, business, and scientific leaders, with the goal of facilitating the transfer of expertise in areas like free trade, tax policy, startup culture, digitalization, data privacy, human rights, and labor.
Official website here: www.fnf-northamerica.org/
Who is the CEO of Friedrich Naumann Foundation?
Claus Gramckow is the Chairman Board Of Trustees of Friedrich Naumann Foundation.
Official website here: www.fnf-northamerica.org/
What is the revenue of Friedrich Naumann Foundation?
Friedrich Naumann Foundation's revenue in 2022 was $1,717,967.
Official website here: www.fnf-northamerica.org/
Who are the executives of Friedrich Naumann Foundation and what are their salaries?
The average compensation at Friedrich Naumann Foundation during 2022 was $45,200. There are 6 employees and 21 volunteers at Friedrich Naumann Foundation.
Here are 22 key members and their salaries:
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Official website here: www.fnf-northamerica.org/
Where can I find the form 990 for Friedrich Naumann Foundation?
Friedrich Naumann Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fnf-northamerica.org/
Learn more at the official website: www.fnf-northamerica.org/
Mission Statement of Friedrich Naumann Foundation
The Friedrich Naumann Foundation is dedicated to promoting transatlantic relations by facilitating the exchange of experiences and solving problems on both sides of the Atlantic. They achieve this objective through various activities such as conferences, workshops, study tours, and public roundtables. These events bring together representatives from NGOs, think tanks, associations, the business community, and governments from Europe and North America. The aim is to foster mutual understanding and facilitate the transfer of experiences for problem-solving.
The Friedrich Naumann Foundation has initiated several projects to achieve this goal. One such initiative is the Forum on the World Economic Order (WEO), which aims to establish regional hubs of expertise on pressing international issues. This forum encourages dialogue among political, business, and scientific leaders. The objective is to facilitate the transfer of expertise in areas such as free trade, tax policy, startup culture, digitalization, data privacy, human rights, and labor. By doing so, the Friedrich Naumann Foundation aims to promote understanding and cooperation between Europe and North America.
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Impact
July, 2024
The Friedrich Naumann Foundation promotes transatlantic relations through conferences, workshops, study tours, and public roundtables among representatives from NGOs, think tanks, associations, the business community, and governments from the EU/Germany and North America. Their activities aim to achieve a higher degree of understanding and facilitate the transfer of experiences for solving problems on both sides of the Atlantic. The foundation's Forum on the World Economic Order (WEO) serves as a hub of expertise on pressing international issues, fostering dialogue among political, business, and scientific leaders. Through initiatives like study tours, roundtables, and conferences on diverse topics such as business and human rights, strategic competition with China, digital currencies, competition and antitrust, the Friedrich Naumann Foundation contributes to knowledge exchange and mutual understanding across borders.
This information is meant to be a general summary of Friedrich Naumann 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.
- Gross Receipts: $1,717,967
Assets and Liabilities:
- Total Assets: $652,684
- Total Liabilities: $11,079
- Net Assets: $641,605
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Organization Details
Founding Year
1996
Phone
(202) 293-0954Principal Officer
Claus Gramckow
Main Address
1730 RHODE ISLAND AVE NW 1010, WASHINGTON, DC, 20036
Website
www.fnf-northamerica.org/NTEE Category
Code: B99 - Education
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