Frederick R Koch Foundation of Austria Gemeinnutzige Privatstiftung

Nonprofit profile at a glance

EIN
863733796
IRS 990-PF coverage
2022–2024
Forms available
Form 990-PF 2024
Location
New York, NY, USA
Phone
9177154574
Rating
78
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$1,448,592
Expenses
$1,242,382

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Arts, Cultural Organizations - Multipurpose

What it reported funding in 2024

The foundation reported 2 filed grant rows totaling $4,860. The stated grant purposes included grant in support of the colloquium "enhancing european public health preparedness, pre-hospital and disaster medicine," held at the european parliament in brussels on march 25, 2024. the event convened international experts to improve public health and disaster response capacity worldwide. and charitable contribution in support of the terra santa museum project in florence, italy, for cultural preservation and restoration of historic religious heritage..

Operating model

Revenue model
Investment-supported. 75% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Direct operator. The foundation carried out 100% of its reported charitable disbursements directly.

The verdict

SUPPORTED - A large share of available resources goes to charitable grants and the filing identifies who received its grants. A relatively small share of spending goes to grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 0
  • Transparency: 100
  • Compliance: 92
  • Endowment Health: 99

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 99th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 0.4%; rating input score 0; 6th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 16 of 19 controls in place; rating input score 84
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Fail
    • Goods, services, or facilities involving a disqualified person: Fail
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 3,142.29; rating input score 99; 99th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 99th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Cost Efficiency: Grant expense ratio scored 0/100.
  • Review — Compliance: Foundation activity disclosures: 3 of 19 not reported.