Civic Intelligence

Netherland America Foundation Incorporated

EIN 13-2989216 • 501(c)3 • New York, NY

View Organization Page

Profile

Building on the enduring heritage and values shared between the peoples of the Netherlands and the United States, the Netherland-America Foundation (NAF) seeks to further strengthen the bonds between our two countries through exchange in the arts, sciences, education, business and public affairs.

505 Eighth Avenue 12a05New York, NY 10018

www.thenaf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

22nd percentile

0.02x

Higher debt load relative to assets than 22% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

17th percentile

0.04x

Higher debt load relative to revenue than 17% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

50th percentile

4.3%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

21st percentile

$92,241

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

61st percentile

7.8%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

59%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$10,465,563

Up $757,501 (+7.8%) from 2023

Liabilities

Up

$227,485

Up $10,042 (+4.6%) from 2023

Net Assets

Up

$10,238,078

Up $747,459 (+7.9%) from 2023

Operations
Liabilities / Revenue17th percentileNet Margin50th percentile

Revenue

Up

$6,435,867

Up $2,397,199 (+59%) from 2023

Expenses

Up

$6,158,762

Up $3,514,849 (+133%) from 2023

Net Income

Down

$277,105

Down $1,117,650 (-80%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $4,539,540Liabilities 2010: $114,664Net Assets 2010: $4,424,8762010Assets 2011: $4,418,949Liabilities 2011: $92,571Net Assets 2011: $4,326,3782011Assets 2012: $4,641,649Liabilities 2012: $114,139Net Assets 2012: $4,527,5102012Assets 2013: $5,317,671Liabilities 2013: $158,949Net Assets 2013: $5,158,7222013Assets 2014: $5,333,034Liabilities 2014: $109,188Net Assets 2014: $5,223,8462014Assets 2015: $5,099,172Liabilities 2015: $120,990Net Assets 2015: $4,978,1822015Assets 2016: $5,428,696Liabilities 2016: $135,346Net Assets 2016: $5,293,3502016Assets 2017: $7,788,062Liabilities 2017: $450,729Net Assets 2017: $7,337,3332017Assets 2018: $8,514,563Liabilities 2018: $982,024Net Assets 2018: $7,532,5392018Assets 2019: $8,048,720Liabilities 2019: $164,152Net Assets 2019: $7,884,5682019Assets 2020: $7,985,815Liabilities 2020: $259,453Net Assets 2020: $7,726,3622020Assets 2021: $8,725,622Liabilities 2021: $132,395Net Assets 2021: $8,593,2272021Assets 2022: $7,918,449Liabilities 2022: $294,217Net Assets 2022: $7,624,2322022Assets 2023: $9,708,062Liabilities 2023: $217,443Net Assets 2023: $9,490,6192023Assets 2024: $10,465,563Liabilities 2024: $227,485Net Assets 2024: $10,238,0782024

Highlighted filing

2024

Assets$10,465,563
Liabilities$227,485
Net Assets$10,238,078
Open 2024 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $967,842Expenses 2010: $876,361Net Income 2010: $91,4812010Expenses 2011: $741,5192011Expenses 2012: $821,8012012Revenue 2013: $1,624,169Expenses 2013: $1,407,353Net Income 2013: $216,8162013Revenue 2014: $1,556,843Expenses 2014: $1,125,883Net Income 2014: $430,9602014Revenue 2015: $1,755,731Expenses 2015: $1,856,569Net Income 2015: -$100,8382015Revenue 2016: $1,760,357Expenses 2016: $1,559,653Net Income 2016: $200,7042016Revenue 2017: $6,022,276Expenses 2017: $4,436,195Net Income 2017: $1,586,0812017Revenue 2018: $6,789,040Expenses 2018: $6,190,255Net Income 2018: $598,7852018Revenue 2019: $2,501,391Expenses 2019: $2,685,925Net Income 2019: -$184,5342019Revenue 2020: $1,596,913Expenses 2020: $1,770,238Net Income 2020: -$173,3252020Revenue 2021: $2,894,571Expenses 2021: $2,593,764Net Income 2021: $300,8072021Revenue 2022: $2,106,887Expenses 2022: $2,362,904Net Income 2022: -$256,0172022Revenue 2023: $4,038,668Expenses 2023: $2,643,913Net Income 2023: $1,394,7552023Revenue 2024: $6,435,867Expenses 2024: $6,158,762Net Income 2024: $277,1052024

Highlighted filing

2024

Revenue$6,435,867
Expenses$6,158,762
Net Income$277,105
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$10,465,563
Liabilities
$227,485
Net assets
$10,238,078
Revenue
$6,435,867
Expenses
$6,158,762
Net income
$277,105
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$0.23$10.2$6.44$6.16$0.28
2023Detailed filing. Detailed filing data is available for this year.$9.71$0.22$9.49$4.04$2.64$1.39
2022Detailed filing. Detailed filing data is available for this year.$7.92$0.29$7.62$2.11$2.36$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.73$0.13$8.59$2.89$2.59$0.30
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.99$0.26$7.73$1.60$1.77$0.17
2019Detailed filing. Detailed filing data is available for this year.$8.05$0.16$7.88$2.50$2.69$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.51$0.98$7.53$6.79$6.19$0.60
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.79$0.45$7.34$6.02$4.44$1.59
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.43$0.14$5.29$1.76$1.56$0.20
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.10$0.12$4.98$1.76$1.86$0.10
2014Detailed filing. Detailed filing data is available for this year.$5.33$0.11$5.22$1.56$1.13$0.43
2013Detailed filing. Detailed filing data is available for this year.$5.32$0.16$5.16$1.62$1.41$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.64$0.11$4.53$0.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.42$0.09$4.33$0.74
2010Summary only. Only limited summary data is available for this year.$4.54$0.11$4.42$0.97$0.88$0.09
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$8,379,061
Mission and Program Overview

Mission

Building on the enduring heritage and values shared between the peoples of the Netherlands and the United States, the Netherland-America Foundation (NAF) seeks to further strengthen the bonds between our two countries through exchange in the arts, sciences, education, business and public affairs.

Building on theheritage & values shared between the peoples of the netherlands & the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,497,980$6,128,525▼ $369,455
Savings and Temporary Cash Investments$735,155$1,326,904▲ $591,749
Cash and Non-Interest-Bearing Accounts$92,445$1,062,440▲ $969,995
Pledges and Grants Receivable$74,759$649,875▲ $575,116
Accounts Receivable$377,219$423,471▲ $46,252
Prepaid Expenses and Deferred Charges$16,272$27,731▲ $11,459
Land, Buildings, and Equipment, Net$1,290$0▼ $1,290
Total Assets$7,918,449$9,708,062▲ $1,789,613
Other Assets Total$123,329$89,116▼ $34,213
Liabilities
Other Liabilities$112,430$79,269▼ $33,161
Grants Payable$27,137$67,498▲ $40,361
Accounts Payable and Accrued Expenses$134,300$51,676▼ $82,624
Escrow Account Liability$19,000$19,000→ $0
Deferred Revenue$1,350--
Total Liabilities$294,217$217,443▼ $76,774
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,474,530$6,293,557▲ $819,027
Net Assets With Donor Restrictions$2,149,702$3,197,062▲ $1,047,360
Total Net Assets Fund Balance$7,624,232$9,490,619▲ $1,866,387
Total Liabilities and Net Assets / Fund Balance$7,918,449$9,708,062▲ $1,789,613

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$9,775$9,775

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,149,702$1,568,578▲ $105,622-$3,197,062
2022$2,663,838$380,101▼ $212,142-$2,149,702
2021$3,197,777$387,156▲ $178,058-$2,663,838
2020$3,459,905$275,937▲ $94,058-$3,197,777
2019$3,807,042$601,382▲ $187,706-$3,459,905
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Willemijn KeizerExecutive DirectorFT$174,593$18,501$193,094

Board Members and Trustees

NameTitle
Andy BenderChairman
Aaron MorehouseDirector
Albert LavergeDirector
Annelies JansenDirector
Bas NieuwewemeDirector
Carine De MeyereDirector
Catharina Candy LurkenDirector
Eleanne Van VlietDirector
Elizabeth Van SchilfgaardeDirector
Ennius BergsmaDirector
Eva DasDirector
Henk GuitjensDirector
Hester VelmansDirector
Hugo VerdegaalDirector
Iwan VandervinneDirector
Jack RoepersDirector
James DykstraDirector
Jan JoostenDirector
Jan Louis BurggraafDirector
Jan Willem Van DrimmelenDirector
Johannes Van TilburgDirector
Judith HernstadtDirector
Jurjan Wouda KuipersDirector
Kurt DykstraDirector
Maarten Van HengelDirector
Maggie TimoneyDirector
Manon CoxDirector
Marc Van GelderDirector
Mary Andringa VermeerDirector
Maureen BunyanDirector
Merijn BoenderDirector
Michael EnthovenDirector
Mila Dovich HeersinkDirector
Ottho HeldringDirector
Paul BeiboerDirector
Paul KlaassenDirector
Pieter Van Den BergDirector
Ralf Van Der VenDirector
Robert Bob OttenhoffDirector
Roel HuininkDirector
Ruulke BagijinDirector
Stan VeugerDirector
Theo PrudonDirector
Tim BroasDirector
Ton GardeniersDirector
Wladimir HogenhuisDirector
Michiel VissernSecretary
Michiel Van SchaardenburgTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,762,772
Program Service Revenue
$0
Investment Income
$222,713
Other Revenue
$53,183
All Other Contributions
$2,866,675
Change in Net Assets
$1,394,755

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,004,243
Revenue Not Reported on Financial Statements
$34,425
Revenue Not Reported on Form 990
$471,632
Total Revenue per Audited Statements
$4,475,875
Total Revenue per Form 990
$4,038,668
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,497,942
Other Expenses$599,680
Salaries, Compensation, and Employee Benefits$546,291
Total Fundraising Expense$420,633
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,307,483--$1,307,483
Other Salaries and Wages$97,556$41,981$155,723$295,260
Current Officers, Directors, Trustees, and Key Employees$116,301$35,785$26,838$178,924
Grants to Domestic Orgs$145,959--$145,959
Fees for Services Accounting-$90,790-$90,790
Fees for Services Other$1,860$8,376$68,783$79,019
Grants to Domestic Individuals$44,500--$44,500
Occupancy$19,553$7,110$16,691$43,354
Payroll Taxes$15,659$5,694$13,367$34,720
Fees for Service Investment Mgmnt Fees-$34,425-$34,425
Travel$28,102$1,492$3,501$33,095
Other Expenses$13,755$5,002$11,742$30,499
Other Employee Benefits$11,520$4,190$9,835$25,545
All Other Expenses$11,192$2,608$6,122$19,922
Insurance$5,441$1,979$4,645$12,065
Pension Plan Contributions$5,341$1,942$4,559$11,842
Advertising$8,297$410$963$9,670
Office Expenses$4,144$1,507$3,538$9,189
Information Technology$1,949$708$1,663$4,320
Depreciation Depletion$581$212$497$1,290
Total Functional Expenses$1,973,766$249,514$420,633$2,643,913

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,643,913
Expenses per Audited Statements$2,609,488
Total Expenses per Audited Statements$2,609,488
Expenses Not Reported on Financial Statements$34,425
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Albany Institute of History & ArtAlbany, NY501 (c) (3)Culture Grant$10,000
Museum of the City of New YorkNew York, NY501 (c) (3)Culture Grant$10,000
New York Historical SocietyNew York, NY501 (c) (3)Culture Grant$10,000
New York City Center IncNew York, NY501 (c) (3)Culture Grant$7,500
Dutch National Ballet at Jacobs PillowBecket, MA501 (c) (3)Culture Grant$7,000

International Summary

Offices
0
Employees
0
Spending
$1,265,416

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesCultural Grants & Scholarships--$1,265,416
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$497,825
Fundraising Gross Income$497,825
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Naf Ball$896,353$311,893$311,893$0
Naf Gala$256,096$67,498$67,498$0
Total Events$1,393,922$497,825$497,825$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$79,269
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“James and kurt dykstra are cousins.”

Form 990, Part VI, Section A, Line 6

“Members elect the board of directors. The board of directors elect the executive committee, and can vote if there is a proposal to amend our bylaws.”

Form 990, Part VI, Section A, Line 7A

“Members elect the board of directors. The board of directors elect the executive committee, and can vote if there is a proposal to amend our bylaws.”

Form 990, Part VI, Section B, Line 11B

“Federal form 990 is prepared through a joint effort of management and the tax professionals. The return is presented to the audit committee and the executive committee for their review and approval. Questions/comments are addressed to both management and the tax professionals and clarified/resolved. A final copy is provided to the board before filing.”

Form 990, Part VI, Section B, Line 12C

“The organization has a "board approved" conflicts of interest policy. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions.”

Form 990, Part VI, Section B, Line 15A

“Each year, the executive committee reviews comparable salaries based on a recognized study and reviews the performance of the executive director to determine if the existing salary falls within these ranges. After deliberation of this matter, a proposed salary and benefit package is voted on. The minutes of the board of directors reflect the nature of this process.”

Form 990, Part VI, Section C, Line 19

“Available upon request. Financial statements on website and on the websites of charity navigator and guidestar.”

Filing and Contact Details

Filer

Filer Name
The Netherland-america Foundation Inc
EIN
13-2989216
Phone
2128251221
Address
505 EIGHTH AVENUE 12A05, NEW YORK, NY 10018

Signing Officer

Name
Michiel Van Schaardenburg
Title
Treasurer
Phone
2128251221
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michiel Van Schaardenburg
Formed
1921
Legal Domicile
Ny
Voting Board Members
48
Independent Board Members
48
Employees
5
Volunteers
170

Preparer

Firm
Sax Llp
Address
1040 AVENUE OF THE AMERICAS-16TH FL, NEW YORK, NY 10018
Preparer
Mike Schall
Phone
2122682804
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Foreign exchange loss -4,494.”

Financial Statement Notes

PART IV, LINE 2B:

“The naf has established a legal structure to facilitate cost-effective and tax-efficient cooperation in fundraising with dutch institutions. The friends fund program gives u.s. Donors the advantage of a u.s. Income and gift tax deduction for their gifts. Establishing an american friends fund with the naf eliminates the need for creating and administering your own charitable organization in the u.s., while also saving expenses associated with accounting, auditing, legal counseling or filing annual tax returns.”

PART V, LINE 4:

“The foundation maintains various donor-restricted and board-designated funds whose purpose is to provide long term support for its charitable programs. In classifying such funds for financial statement purposes as either permanently restricted, temporarily restricted, or unrestricted net assets, the executive committee and board look to explicit directions of the donor where applicable and the provisions of the laws of new york state. The spending policy of the reuvers temporarily restricted investments requires a withdrawal of 8% based upon the annual average of the fair value of investments for the prior twelve quarters. The spending on the board designated investments is discretionary.”

PART X, LINE 2:

“The foundation does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending december 31, 2020 and later are subject to examination by applicable taxing authorities.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Foreign exchange loss -4,494.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“BAD DEBT RECOVERY”

Raw XML AppendixShowing 400 of 974 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0134300
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt051676
IRS990/AccountsReceivableGrp/BOYAmt0377219
IRS990/AccountsReceivableGrp/EOYAmt0423471
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0BUILDING ON THEHERITAGE & VALUES SHARED BETWEEN THE PEOPLES OF THE NETHERLANDS & THE UNITED STATES.
IRS990/AdvertisingGrp/FundraisingAmt0963
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0410
IRS990/AdvertisingGrp/ProgramServicesAmt08297
IRS990/AdvertisingGrp/TotalAmt09670
IRS990/AllOtherContributionsAmt02866675
IRS990/AllOtherExpensesGrp/FundraisingAmt06122
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02608
IRS990/AllOtherExpensesGrp/ProgramServicesAmt011192
IRS990/AllOtherExpensesGrp/TotalAmt019922
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WILLEMIJN KEIZER
IRS990/BooksInCareOfDetail/PhoneNum02128251221
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0505 EIGHTH AVENUE STE 12A05
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010018
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt092445
IRS990/CashNonInterestBearingGrp/EOYAmt01062440
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt026838
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt035785
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0116301
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0178924
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt0896097
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03762772
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IRS990/CYInvestmentIncomeAmt0222713
IRS990/CYOtherExpensesAmt0599680
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IRS990/CYProgramServiceRevenueAmt00
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IRS990/CYSalariesCompEmpBnftPaidAmt0546291
IRS990/CYTotalExpensesAmt02643913
IRS990/CYTotalFundraisingExpenseAmt0420633
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04038668
IRS990/DAFExcessBusinessHoldingsInd01
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01350
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0497
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0212
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IRS990/Desc0FOUNDED IN 1921, THE NAF IS ACTIVE IN THE FOLLOWING AREAS:NAF-FULBRIGHT FELLOWSHIPS:AWARDED TO DUTCH AND AMERICAN STUDENTS PURSUING GRADUATE LEVEL STUDIES AT UNIVERSITIES IN EACH OTHER'S COUNTRIES, FUNDED BY THE WILHELMINA AND LEENDERT REUVERS EDUCATIONAL FUND, THE LOET AND EDITH VELMANS EDUCATION FUND, AND PROCEEDS FROM THE NAF BALL.SCHOLARSHIPS:AWARDED TO HIGH-ACHIEVING DUTCH STUDENTS FOR SUMMER ACADEMIC STUDY AND INTERNSHIPS IN WASHINGTON, DC, FUNDED BY PROCEEDS FROM THE NAF AMBASSADORS' AWARDS DINNER. INTERNSHIP GRANTS:AWARDED TO HIGH-ACHIEVING AND LOW-INCOME STUDENTS THROUGH BOTH THE DUTCH2USA AND USA2HOLLAND INTERNSHIP PROGRAM. AWARDED TO GRADUATES OF THE MASTER GLOBAL HEALTH PROGRAM AT MAASTRICHT UNIVERSITY, THE HEERSINK FAMILY GLOBAL HEALTH INTERNSHIP FUND HELPS GRADUATES PURSUE AN INTERNSHIP IN THE UNITED STATES.INTEREST-FREE STUDY LOANS:AWARDED TO DUTCH STUDENTS SEEKING TO STUDY IN THE UNITED STATES AND, ON SIMILAR TERMS, TO AMERICAN STUDENTS SEEKING TO STUDY IN THE NETHERLANDS. FUNDING SOURCES INCLUDE THE MAARTEN VAN HENGEL MEMORIAL FUND, MARK PIGOTT FAMILY EDUCATION FUND, SAMUEL FREEMAN CHARITABLE TRUST AND NAF STUDY LOAN FUND.J1 VISA SPONSORSHIP:FOR DUTCH STUDENTS PARTICIPATING IN INTERNSHIPS OR TRAINEESHIPS IN THE UNITED STATES.BUSINESS EXCHANGE:SUPPORTING THE EXCHANGE OF VIEWPOINTS, EXPERTISE AND IDEAS AMONGST MEMBERS OF THE BUSINESS COMMUNITY AT NAF MEETINGS AND LECTURES.CULTURAL GRANTS:SUPPORTING EXCHANGE BETWEEN THE UNITED STATES AND THE NETHERLANDS, FOR ALL AREAS OF THE ARTS. BOTH EMERGING ARTISTS AS WELL AS ESTABLISHED ORGANIZATIONS ARE ELIGIBLE.FRIENDS FUNDS:FACILITATING FUNDRAISING IN THE UNITED STATES FOR DUTCH CULTURAL AND EDUCATIONAL INSTITUTIONS. THE NAF'S FISCAL SPONSORSHIP PROGRAM PROVIDES A SIMILAR ARRANGEMENT FOR INDIVIDUAL PROJECTS. THROUGH THIS STRUCTURE, U.S. DONORS' GIFTS ARE TAX-DEDUCTIBLE.
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