Luso-American Development Foundation

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

EIN: 980075208 ✦ Designated as a 501(c)(4)

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Overview

What is Luso-American Development Foundation?

The Luso-American Development Foundation is a nonprofit organization that fosters collaboration between Portugal and the United States in various sectors, such as science, technology, culture, education, commerce, and entrepreneurship. By creating programs focusing on the Portuguese language and culture, as well as science and technology, the foundation aims to contribute to Portugal's economic and social development. Its mission revolves around promoting cooperation between the two nations in these fields, thereby fostering a mutual understanding and growth.


Official website here: www.flad.pt/

What do the Facebook reviews say about Luso-American Development Foundation?

100% of 18 reviewers on Facebook recommend the Luso-American Development Foundation. Here is a summary of their reviews:

The feedback highlights the foundation's excellent initiatives, with users expressing their appreciation for the impactful work being done. Reviewers consistently commend the organization's efforts, indicating a strong community support and recognition for its contributions.

Overall, the sentiment towards the Luso-American Development Foundation is overwhelmingly positive, as participants feel that the organization successfully delivers on its mission and engages effectively with the community it serves.


This AI summary has been generated from reviews found on Facebook.

Is Luso-American Development Foundation legitimate?

Luso-American Development Foundation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Luso-American Development 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: $313,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,019,160

For more financial information, click here


Official website here: www.flad.pt/

What is the mission statement of Luso-American Development Foundation?

The Luso-American Development Foundation's mission revolves around contributing to Portugal's economic and social development. It achieves this objective by fostering collaboration between Portugal and the United States of America in several sectors such as science, technology, culture, education, commerce, and entrepreneurship. The foundation carries out its mission by implementing programs that focus on Portuguese language and culture, as well as science and technology.


Official website here: www.flad.pt/

Who is the CEO of Luso-American Development Foundation?

Luso-American Development Foundatio is the Principal Officer of Luso-American Development Foundation.


Official website here: www.flad.pt/

What is the revenue of Luso-American Development Foundation?

Luso-American Development Foundation's revenue in 2022 was $1,121,854.


Official website here: www.flad.pt/

Who are the executives of Luso-American Development Foundation and what are their salaries?


Here are 5 key members and their salaries:


Rita Faden (President)
  • Compensation: $122,139
  • Related: $0
  • Other: $0
Miguel Vieira Vaz (Director)
  • Compensation: $112,182
  • Related: $0
  • Other: $0
Maria Fatima Fonseca (Director)
  • Compensation: $110,791
  • Related: $0
  • Other: $0
Michael Baum (Trustee)
  • Compensation: $106,627
  • Related: $0
  • Other: $0
Elsa Henriques (Trustee)
  • Compensation: $102,036
  • Related: $0
  • Other: $0


Official website here: www.flad.pt/

Where can I find the form 990 for Luso-American Development Foundation?

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


Official website here: www.flad.pt/

Learn more at the official website: www.flad.pt/

Mission Statement of Luso-American Development Foundation

The Luso-American Development Foundation plays a significant role in fostering cooperation between Portugal and the United States of America. With a mission that extends across various sectors, the organization contributes to Portugal's economic and social development. This is achieved through promoting collaboration in the fields of science, technology, culture, education, commerce, and entrepreneurship between the two nations. The foundation implements programs that emphasize Portuguese language and culture, as well as scientific and technological advancements, to facilitate this cooperation.

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Impact




October, 2024

The Luso-American Development Foundation plays a vital role in enhancing Portugal's economic and social landscape by fostering collaboration between Portugal and the United States across multiple sectors. By promoting initiatives in scientific research, technical innovation, cultural exchange, and education, it strengthens ties and facilitates knowledge transfer between the two nations.

Through its programs focused on Portuguese language and culture, the foundation not only preserves and promotes Portugal's rich heritage but also encourages a broader understanding of it in the U.S. In the commercial and entrepreneurial domains, the foundation actively supports business partnerships and initiatives that drive economic growth and create opportunities. Overall, its impact is seen in increased collaboration, enriched cultural connections, and improved economic prospects for both countries.




This information is meant to be a general summary of Luso-American Development 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
$1,121,854 (2022)
Expenses
$21,878,093 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,121,854

Assets and Liabilities:

  • Total Assets: $160,348,295
  • Total Liabilities: $1,989,077
  • Net Assets: $158,359,218

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Organization Details

Founding Year

1985

Principal Officer

Luso-American Development Foundatio

NTEE Category

Code: Q20 - International

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