Civic Intelligence

Romanian-American Investment Foundation

EIN 52-1889172 • 501(c)3 • New York, NY

View Organization Page

Profile

The organization's purpose was to encourage the creation and expansion of small and medium sized enterprises in romania through loans and investments. The organization had an office in bucharest and had negotiated loans and investments in excess of $350 million since inception.

275 Madison Avenue 6th FloorNew York, NY 10016

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Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

2nd percentile

-1810%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

95th percentile

$60,206

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 88.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

773%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1,211,458 (-100%) from 2017

Liabilities

Down

$0

Down $11,102 (-100%) from 2017

Net Assets

Down

$0

Down $1,200,356 (-100%) from 2017

Operations
Liabilities / Revenue62nd percentileNet Margin2nd percentile

Revenue

Up

$67,911

Up $60,130 (+773%) from 2017

Expenses

Up

$1,297,293

Up $1,248,464 (+2557%) from 2017

Net Income

Down

-$1,229,382

Down $1,188,334 (-2895%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$100M$50M$0Assets 2011: $84,600,405Liabilities 2011: $121,528Net Assets 2011: $84,478,8782011Assets 2012: $75,073,829Liabilities 2012: $156,772Net Assets 2012: $74,917,0572012Assets 2013: $81,534,012Liabilities 2013: $294,464Net Assets 2013: $81,239,5482013Assets 2014: $65,305,084Liabilities 2014: $61,372Net Assets 2014: $65,243,7122014Assets 2015: $22,675,872Liabilities 2015: $1,540,466Net Assets 2015: $21,135,4062015Assets 2016: $1,247,387Liabilities 2016: $43,427Net Assets 2016: $1,203,9602016Assets 2017: $1,211,458Liabilities 2017: $11,102Net Assets 2017: $1,200,3562017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0
Open 2018 Filing

Operations Trend

Revenue Growth99th percentile

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

$40M$20M$0-$20M-$40MRevenue 2011: $1,339,750Expenses 2011: $2,174,406Net Income 2011: -$834,6562011Revenue 2012: -$6,998,831Expenses 2012: $2,002,628Net Income 2012: -$9,001,4592012Revenue 2013: $8,303,368Expenses 2013: $1,980,432Net Income 2013: $6,322,9362013Revenue 2014: $103,317Expenses 2014: $16,942,895Net Income 2014: -$16,839,5782014Revenue 2015: -$1,213,828Expenses 2015: $38,430,941Net Income 2015: -$39,644,7692015Revenue 2016: -$18,353Expenses 2016: $20,049,733Net Income 2016: -$20,068,0862016Revenue 2017: $7,781Expenses 2017: $48,829Net Income 2017: -$41,0482017Revenue 2018: $67,911Expenses 2018: $1,297,293Net Income 2018: -$1,229,3822018

Highlighted filing

2018

Revenue$67,911
Expenses$1,297,293
Net Income-$1,229,382
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$67,911
Expenses
$1,297,293
Net income
-$1,229,382
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.07$1.30$1.23
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.01$1.20$0.01$0.05$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.25$0.04$1.20$0.02$20.0$20.1
2015Detailed filing. Detailed filing data is available for this year.$22.7$1.54$21.1$1.21$38.4$39.6
2014Summary only. Only limited summary data is available for this year.$65.3$0.06$65.2$0.10$16.9$16.8
2013Summary only. Only limited summary data is available for this year.$81.5$0.29$81.2$8.30$1.98$6.32
2012Summary only. Only limited summary data is available for this year.$75.1$0.16$74.9$7.00$2.00$9.00
2011Summary only. Only limited summary data is available for this year.$84.6$0.12$84.5$1.34$2.17$0.83
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Feb 18, 2019
Return Version
2017v2.3
Gross Receipts
$67,911
Mission and Program Overview

Mission

The organization's purpose was to encourage the creation and expansion of small and medium sized enterprises in romania through loans and investments. The organization had an office in bucharest and had negotiated loans and investments in excess of $350 million since inception.

To encourage the creation and expansion of small and medium sized (continued on schedule o) enterprises in romania through loans and investments. The organization had an office in bucharest and had negotiated loans and investments in excess of $350 million since inception.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,181,458$0▼ $1,181,458
Investments Program Related$30,000$0▼ $30,000
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,211,458$0▼ $1,211,458
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$11,102$0▼ $11,102
Total Liabilities$11,102$0▼ $11,102
Net Assets / Fund Balance
Unrestricted Net Assets$1,200,356$0▼ $1,200,356
Total Net Assets Fund Balance$1,200,356$0▼ $1,200,356
Total Liabilities and Net Assets / Fund Balance$1,211,458$0▼ $1,211,458
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Bogdan GiurgincaTreasurerPT$60,206$60,206

Board Members and Trustees

NameTitle
Philip HendersonChairman - President
Mihai TudorVice Chair
Adrian IonescuTrustee
Carmen ReteganTrustee
Hildy SimmonsTrustee
Ida Fs SchmertzTrustee
Ionut SimionTrustee
Mike GeigerTrustee
T Mills KellyTrustee
Emily GrandAsst. Corporate Secretary
Arthur HickokCorporate Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$67,911
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,229,382

Audited Revenue Reconciliation

Revenue per Audited Statements
$67,911
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$67,911
Total Revenue per Form 990
$67,911
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,207,655
Other Expenses$89,638
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,207,655--$1,207,655
Fees for Services Legal$2,895$49,739-$52,634
Insurance-$19,270-$19,270
Fees for Services Other$16,459--$16,459
Office Expenses$81--$81
Other Expenses$308$46-$46
Total Functional Expenses$1,227,792$69,501$0$1,297,293

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,297,293
Total Expenses per Audited Statements$1,297,293
Total Expenses per Form 990$1,297,293
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Romanian American FoundationNew York, NY501(c)(4)Dissolution of Investment Foundation$1,207,655

International Summary

Offices
1
Employees
0
Spending
$1,228,239

International Compliance

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
RomaniaProgram InvestmentsLoan to and Investments in Small and Mid Size Local Enterprises10$1,228,239
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“As a delaware nonstock corporation, the organization had members. The organization's members were the trustees as long as they remained trustees. The members elected the trustees and had certain additional rights of approval as members as provided by deleware law.”

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

“Members were elected by current members of the organization and held office for up to three years depending on their designated class.”

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

“The members elected the directors/trustees and had certain additional authority under delaware law.”

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

“The form 990 is prepared by an independent certified public accounting firm using the organization's certified financial records and through discussions with the organization's president and chief financial officer. The president then reviews the form 990 with the members of the organization's board of trustees. Each member is provided with access to the form 990 prior to filing with the internal revenue service.”

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

“The organization's independent auditors confirm with each director/trustee and key employee that they have complied with the policy's requirements during the organization's annual audit.”

Form 990, Part VI, Section B, Line 15

“The board of directors/trustees reviewed all officer salaries and approved all increases and/or compensation.”

Form 990, Part VI, Section C, Line 19

“The organization's financial statements are available upon request to the organization. The conflict of interest policy and governing documents are not made public.”

Filing and Contact Details

Filer

Filer Name
Romanian-american Investment Foundation
EIN
52-1889172
Phone
2128124362
Address
275 MADISON AVENUE 6TH FLOOR, NEW YORK, NY 10016

Signing Officer

Name
Philip Henderson
Title
President
Phone
2128124362
Signed
2019-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip Henderson
Formed
1994
Legal Domicile
De
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Citrin Cooperman & Company Llp
Address
TEN WEYBOSSET STREET - SUITE 700, PROVIDENCE, RI 02903
Preparer
Pamela Sawin
Phone
4014214800
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“The organization liquidated all of its assets under the approval of the united states agency for international development during the year ended september 30, 2018.”

FORM 990, PART XI, LINE 9:

“Net exchange gain on cash deposits 29,026.”

Form 990 - Part XII - Line 1

“During 2018 the organization completed the disposition of its remaining investments and filed a certificate of dissolution on september 28, 2018 with the secretary of state of the state of delaware. The plan of complete liquidation and dissolution of the fund was approved and adopted by the board of trustees of the fund on april 27, 2018 and became effective on september 28, 2018. Therefore, the financial statements are prepared on the liquidation basis of accounting.”

FORM 990, PART XII, LINE 2C:

“The oversight process of the organization's audit has remained unchanged from the prior year.”

Raw XML AppendixShowing 400 of 547 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN - PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt10CORPORATE SECRETARY
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IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt030000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S PURPOSE WAS TO ENCOURAGE THE CREATION AND EXPANSION OF SMALL AND MEDIUM SIZED ENTERPRISES IN ROMANIA THROUGH LOANS AND INVESTMENTS. THE ORGANIZATION HAD AN OFFICE IN BUCHAREST AND HAD NEGOTIATED LOANS AND INVESTMENTS IN EXCESS OF $350 MILLION SINCE INCEPTION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01200356
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt081
IRS990/OfficeExpensesGrp/TotalAmt081
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt029026
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc1BANKING FEES
IRS990/OtherExpensesGrp/Desc2FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0354
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt192
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt246
IRS990/OtherExpensesGrp/ProgramServicesAmt0394
IRS990/OtherExpensesGrp/ProgramServicesAmt1308
IRS990/OtherExpensesGrp/TotalAmt0748
IRS990/OtherExpensesGrp/TotalAmt1400
IRS990/OtherExpensesGrp/TotalAmt246
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0PHILIP HENDERSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INVESTMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt067911
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt067911
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt048829
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt07781
IRS990/PYRevenuesLessExpensesAmt0-41048
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt048829
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07781
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1229382
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt067911
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt067911
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07781
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt034792
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0292058
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0410582
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0410582
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt067911
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07781
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt08040
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt034792
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0292058
IRS990ScheduleA/Total509Grp/TotalAmt0410582
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt067911
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07781
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt08040
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt034792
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0292058
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0410582
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01297293
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt067911
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01297293
IRS990ScheduleD/TotalRevenuePerForm990Amt067911
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt067911
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01297293
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt01228239
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0ROMANIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0LOAN TO AND INVESTMENTS IN SMALL AND MID SIZE LOCAL ENTERPRISES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM INVESTMENTS
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt01228239
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt01228239
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01207655
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(4)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DISSOLUTION OF INVESTMENT FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ROMANIAN AMERICAN FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0271095214
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0275 MADISON AVENUE 6TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010016
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK VALUATION
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FUNDS WERE TRANSFERRED TO RELATED ENTITY PURSUANT TO DISSOLUTION OF THE ORGANIZATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd01
IRS990ScheduleN/EmployeeOfSuccessorInd01
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0GRANT AWARDED OF REMAINING ASSETS OF ORGANIZATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1GRANT AWARDED OF REMAINING ASSETS OF ORGANIZATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2LEGAL EXPENSES FOR DISSOLUTION WORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0ROMANIAN AMERICAN FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1ROMANIAN AMERICAN FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2SIDLEY AUSTIN LLP
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02018-09-27
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12018-03-20
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22018-05-08
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0271095214
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1271095214
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2364474078
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0370864
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1836791
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt249739
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501 (C )(4)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501 (C )(4)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2HOURLY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0275 MADISON AVENUE 6TH FLOOR
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1275 MADISON AVENUE 6TH FLOOR
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2787 SEVENTH AVENUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0NEW YORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1NEW YORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2NEW YORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd010016
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd110016
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd210019
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: MIKE GEIGERPHILIP HENDERSONHILDY SIMMONSIDA F.S. SCHMERTZT. MILLS KELLYMIHAI TUDORIONUT SIMIONCARMEN RETEGANADRIAN IONESCUBOGDAN GIURGINCAARTHUR HICKOKEMILY GRAND
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt1EXPLANATION OF INVOLVEMENT: ALL OF THE INDIVIDUALS INVOLVED WERE TRUSTEES OR OFFICERS OF THE BOARD OF TRUSTEES OF THE ORGANIZATION BEFORE DISSOLUTION. THE TRUSTEES AND OFFICERS OF THE ORGANIZATION ARE ALSO TRUSTEES AND/OR OFFICERS OF THE ROMANIAN-AMERICAN FOUNDATION, WHICH IS THE RELATED LEGACY FOUNDATION.
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DISTRIBUTED ALL OF ITS ASSETS TO THE ROMANIAN-AMERICAN FOUNDATION IN ACCORDANCE WITH THE ORGANIZATIONS GOVERNING INSTRUMENTS AND IN COMPLIANCE WITH THE GRANT AGREEMENT BETWEEN U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT AND THE ORGANIZATION.

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