The French-American Foundation

EIN: 132847092 501(c)(3) International Affairs

New York, NY

Total Revenue
$1,346,837
Total Expenses
$1,181,080
Total Assets
$4,087,262
Net Assets
$3,576,781
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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
NY
Principal Officer
Caroline Naralasetty
Tax Period
2023-01-01 to 2023-12-31

The French-American Foundation, founded in 1976, is a community nonprofit in the International Affairs sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 76% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 12% surplus.

Mission

Founded in 1976, and building on more than two centuries of shared ideals between France and the United States, the French-American Foundation works to enrich a transatlantic relationship that is essential in todays world.

Program Service Accomplishments

Program 1
Expenses: $768,908

Founded in 1976, the French-American Foundation is the only organization dedicated solely to sustaining and strengthening the French-American relationship at the highest levels of leadership. The...

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Founded in 1976, the French-American Foundation is the only organization dedicated solely to sustaining and strengthening the French-American relationship at the highest levels of leadership. The Foundation works to build lasting, practical working ties between France and the United States and to advance solutions to problems of shared concern. Through our work, we seek to perpetuate more than two centuries of shared ideals and friendship to meet the challenges of the 21st century together. Programmatic initiatives include: Young Leaders Program:The Young Leaders program convenes a highly selective group of French and American professionals whose common link is their demonstrated leadership and passion for forging bonds in a globalized world. Young Leaders, hailing from a diverse array of sectors, come together to engage in pertinent dialogue around issues of common concern on both sides of the Atlantic. The program is grounded in the belief that informed dialogue across cultures will lead to progress in solving the most pressing issues of our time. Transatlantic Forum:The Transatlantic Forum is an invitation-only membership group that brings together established French and American professionals for in-depth conversations on contemporary issues of concern on both sides of the Atlantic. The program aims to provide a deeper understanding of the forces shaping American and French societies in a warm, convivial atmosphere that fosters stimulating conversations and lasting friendships. Our goal is to build a community that is informed, open-minded and committed to engaging personally on issues of critical import to the U.S. France relationship. Our members cross nationalities and professional fields: government, media, non-profit, academia, business, law, finance, the arts, and more. In general, half are American and half French. Forum members share a passion for debate and a desire to engage across cultures to help build a more peaceful and unified world. Translation Prize:Since 1986, the French-American Foundation has awarded an annual prize for the best translation from French to English in both fiction and nonfiction. The Translation Prize is a valuable element of the intellectual and cultural exchange between France and the United States. Its purpose is to promote French literature in the United States and to provide translators and their craft with greater visibility among publishers and readers. Cyber Security:The Foundation has a longstanding commitment to advancing dialogue on cyber security-related topics of mutual concern to France and the United States. The Cyber Security Program comprises the annual Cyber Security Conference and relevant events in our other program initiatives that assemble leaders in military, government, industry, and academia to examine emerging cyber security challenges in a transatlantic context. Policy Breakfasts:The Foundations Policy Breakfasts bring together leaders from various fields to discuss topics of economic, social, and political importance with a guest of honor. Breakfasts welcome approximately 20 guests, comprised of high-level professionals, government experts, philanthropists, and Young Leaders of the Foundation. Guest speakers share their views on specific topics, followed by questions and remarks from the audience.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $379,377
Program Service Revenue $0
Investment Income $344,205
Other Revenue $623,255
TOTAL REVENUE $1,346,837

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $596,952
Fundraising Expenses $155,218
Program Expenses $768,908
Other Expenses $564,128
TOTAL EXPENSES $1,181,080

Year-over-Year Comparison

2023 2022 Change
Revenue $1,346,837 $766,818 +0.8%
Expenses $1,181,080 $1,207,648 0.0%
Net Income $165,757 $-440,830 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
40
Independent Members
40
Employees
6
Volunteers
61

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$235,000
Total Directors
40
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Caroline Naralasetty President 40.00
Officer
$235,000 $0 $235,000
Mia de Kuijper Director 1.00
Director
$0 $0 $0
Andrew Klaber Director 1.00
Director
$0 $0 $0
Frederic Roze Director 1.00
Director
$0 $0 $0
Clare OBrien Director 1.00
Director
$0 $0 $0
Reuben Jeffery III Director 1.00
Director
$0 $0 $0
Maya Henry Director 1.00
Director
$0 $0 $0
William Hearst III Director 1.00
Director
$0 $0 $0
Scott Handler Director 1.00
Director
$0 $0 $0
Adam Hodge Director 1.00
Director
$0 $0 $0
Melissa Sawyer Director 1.00
Director
$0 $0 $0
Kristen Bartok Director 1.00
Director
$0 $0 $0
Elizabeth Askren Director 1.00
Director
$0 $0 $0
Raymond McGuire Director 1.00
Director
$0 $0 $0
Geoffrey Chepiga Director 1.00
Director
$0 $0 $0
Robert Treuhold Director 1.00
Director
$0 $0 $0
Craig Stapleton Director 1.00
Director
$0 $0 $0
Siddhartha Shukla Director 1.00
Director
$0 $0 $0
David Thoms Director 1.00
Director
$0 $0 $0
John Thain Director 1.00
Director
$0 $0 $0
Fatima Hadj Director 1.00
Director
$0 $0 $0
Ina Popova Director 1.00
Director
$0 $0 $0
Francois Pages Director 1.00
Director
$0 $0 $0
Clyde Rankin III Director 1.00
Director
$0 $0 $0
Douglas Price Director 1.00
Director
$0 $0 $0
Roy Kabla Director 1.00
Director
$0 $0 $0
Chloe Demrovsky Director 1.00
Director
$0 $0 $0
Gary Cole Director 1.00
Director
$0 $0 $0
Yves-Andre Istel Director 1.00
Director
$0 $0 $0
Jean-Yves Fillion Director 1.00
Director
$0 $0 $0
Charles Ferguson Director 1.00
Director
$0 $0 $0
Anne Dias Director 1.00
Director
$0 $0 $0
Emma Frelinghuysen Director 1.00
Director
$0 $0 $0
James Finkel Director 1.00
Director
$0 $0 $0
George Brokaw Director 1.00
Director
$0 $0 $0
Antonio Weiss Director 1.00
Director
$0 $0 $0
Cynthia Smith Director 1.00
Director
$0 $0 $0
Carol Bellamy Director 1.00
Director
$0 $0 $0
Gina Adams Director 1.00
Director
$0 $0 $0
Allan Chapin Chairman Emeritus 1.00
Officer Director
$0 $0 $0
Edward Wallace Chairman 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,346,837 $1,181,080 $4,087,262 $165,757
2022 $766,818 $1,207,648 $4,003,005 $-440,830
2021 $1,391,563 $932,899 $4,298,508 $458,664
2020 $747,935 $1,562,583 $3,708,654 $-814,648
2019 $1,165,070 $1,114,112 $4,250,101 $50,958
2018 $1,142,410 $1,128,004 $3,839,517 $14,406
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