THE GEORGE E BROWN UNITED STATESMEXICO FOUNDATION FOR SCIENCE INC

EIN: 980143306 501(c)(3) International Affairs

WASHINGTON, DC

Total Revenue
$2,642,539
Total Expenses
$2,265,087
Total Assets
$16,736,014
Net Assets
$15,288,638
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
DC
Principal Officer
EUGENIO MARIN AGUILAR
Phone
2022212316
Tax Period
2024-01-01 to 2024-12-31

THE GEORGE E BROWN UNITED STATESMEXICO FOUNDATION FOR SCIENCE INC, founded in 1991, is a community nonprofit in the International Affairs sector that reported $2.6M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $2.3M left a modest 14% surplus.

Mission

THE FOUNDATION IS A NON-PROFIT TAX EXEMPT ORGANIZATION WHOSE PURPOSE IS TO "SUPPORT PARTNERSHIPS FOR ECONOMIC DEVELOPMENT, EDUCATIONAL AND TECHNOLOGICAL PROGRESS" IN BOTH THE UNITED STATES AND IN MEXICO. THE ORGANIZATION WAS ORIGINALLY FOUNDED IN 1991 AS THE UNITED STATES MEXICO FOUNDATION FOR SCIENCE, AND LATER IN 1993 ADOPTED THE NAME THE GEORGE E. BROWN UNITED STATES/MEXICO FOUNDATION FOR SCIENCE AS MANDATED UNDER PUBLIC LAW 106-74, SECTION 423.THE FUNDACION MEXICO ESTADOS UNIDOS PARA LA CIENCIA, A.C. ("FUMEC") IS A MEXICAN ASSOCIACION CIVIL, OR AN EQUIVALENT OF A NON-PROFIT IN THE UNITED STATES, CREATED UNDER THE MEXICAN LAWS THROUGH A LEGAL CORPORATE DEED NUMBER 25510 IN 1993. FUMEC'S PURPOSE IS TO SERVE AS THE MEXICAN COUNTERPART OF THE FOUNDATION TO HELP STRENGTHEN SCIENTIFIC AND TECHNOLOGICAL EXCHANGE BETWEEN MEXICO AND THE UNITED STATES THROUGH PROMOTION OF JOINT RESEARCH AND DEVELOPMENT PROJECTS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,717,427
Program Service Revenue $0
Investment Income $925,112
Other Revenue $0
TOTAL REVENUE $2,642,539

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,477,296
Fundraising Expenses $0
Program Expenses $1,484,743
Other Expenses $787,791
TOTAL EXPENSES $2,265,087

Year-over-Year Comparison

2024 2023 Change
Revenue $2,642,539 $3,789,571 -0.3%
Expenses $2,265,087 $3,692,907 -0.4%
Net Income $377,452 $96,664 +2.9%
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
12
Independent Members
12
Employees
N/A
Volunteers
N/A

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
4
$145,285
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
URSULA DAVILA GARCIA TREASURER 1.00
Officer Director
$0 $0 $0
KEITH PATRIDGE BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL GASNTER BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW CAREY BOARD MEMBER 1.00
Director
$0 $0 $0
ESTRELLA ESCOBAR BOARD MEMBER 1.00
Director
$0 $0 $0
PEDRO ROMERO TORRES BOARD CHAIR 1.00
Officer Director
$0 $0 $0
LARS CHRISTIANSON VIESCA BOARD MEMBER 1.00
Director
$0 $0 $0
IRASEMA CORONADO BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
SUSAN HACKWOOD BOARD MEMBER 1.00
Director
$0 $0 $0
CARLOS MADRID VARELA BOARD MEMBER 1.00
Director
$0 $0 $0
ERNESTO MARCOS GIACOMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ALFREDO SANCHEZ ALCANTARA BOARD MEMBER 1.00
Director
$0 $0 $0
EUGENIO MARIN AGUILAR EXECUTIVE DIRECTOR 1.00
Officer
$0 $12,425 $145,285
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 $2,642,539 $2,265,087 $16,736,014 $377,452
2023 $3,789,571 $3,692,907 $15,595,183 $96,664
2022 $3,350,400 $3,523,910 $15,491,623 $-173,510
2021 $4,828,976 $4,643,882 $19,095,997 $185,094
2020 $3,936,720 $3,914,495 $20,340,414 $22,225
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