The Corda Foundation

What it reported doing in 2025

Completed a partnership agreement in october 2025 with the hispanic society museum & library (hmsl) of New York city. Agreement, formalized in contract and an $1m initial donation, includes developing a room dedicated to the archival of david rosenmann-taub's works including poetry manuscripts, musical recordings, and drawings. This area will be furnished with the poet's furniture, personal belongings and working materials. The partnership will create a poetry center that will function year-round with displays, live activities and performances of poetry, music and visual art. An extensive search of candidates was initiated to select a full-time curator to manage the poetry center at hsm&l as well as to continue the promotion and preservation of the artistic works of david rosemnann-taub. Maintained and improved the foundation's 5 websites and contributed to other websites which feature the work of david rosenmann-taub. Activity included maintenance of websites at the university of chile, the national library of chile, a spanish language blog site, the maintenance of the david rosenmann-taub section of the cervantes virtual site, facebook, instagram as well as the corda foundation, award, music, drawing and poetry websites. Revised the poetry website, adding reference material, including one article and interview and one video. Completed the translation into spanish of the drawing website, adding two videos. Completed a project to consolidate 4 of 5 of the foundation's websites into a single, integrated and up to date site. Continued an awards program for original essays and scholarly papers by undergraduate, graduate students, professional scholars and for poetry translations into any language. Contacted professors in chile to identify candidates for advanced degrees who would participate in the program. Continued to preserve archival material by editing and copying music and video originally recorded digitally or on magnetic tape. Maintained a music and video recording database to catalogue more than 1200 hours of musical and voice recordings and videotapes. Added scores to two video recordings. Produced english translations of two books of poetry. Included these in subtitle on video as recordings of complete books. Published on vimeo and excerpts on you tube. Added links to websites to you tube video descriptions. Reported accomplishments to volunteers and contributors.revised and updated a drawing data base adding 18 original drawings.another book of original poetry was assembled for publication in chile for 2026. Arranged advance work for presentation of the book with the publisher. Completed the transcription, indexing and archival of more than 25 additional pages of recorded narrative by david rosenmann-taub. Continued the development of documentary videos, of commentary by and about david rosenmann-taub including interviews with the poet himself, literary critics and other renowned poets. Released to you tube a video adaptation of the book "alm-eria" by david rosenmann-taub. Completed an annotated compilation of poems in video. Released the video "language of reality" to vimeo and you tube. Released full length music and poetry videos (dagger of life and en un lugar de la sangre) to you tube. Passed 2000 subscribers on corda you tube channel. Continued to completion a project to place collections of david rosenmann-taub's books and musical recordings in the most important libraries in the us. Contacted more than 200 libraries and shipped more than 900 books and 800 music recordings books to supplement their collections. Reserved a collection of all books and musical recording for archival preservation. Received, through a bequest from the poet's estate, his vast collection of books and recordings. Continued the task to describe and inventory this extensive library. Digitized and archived more than 4 hours of analog video recording of music performances by david rosenmann-taub. The inventory of the foundation's collectio

Financial Efficiency

• Mission deployment rate: 61.8%; rating input score 62
• Program expense ratio: 99.6%; rating input score 100
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 90.9%; rating input score 91; 22nd percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 63.9%; rating input score 94; 94th percentile among comparable filings
• Total-asset coverage ratio: 2.91; rating input score 69; 69th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 87; 87th percentile among comparable filings
• Officer compensation ratio: 3.7%; rating input score 66; 66th percentile among comparable filings

Growth

• Program expense growth: 9% per year; rating input score 100; 57th percentile among comparable filings
• Revenue growth: 13.1% per year; rating input score 100; 75th percentile among comparable filings
• Asset growth: -1.8% per year; rating input score 0; 6th percentile among comparable filings