The Netherland-america Foundation Inc

Nonprofit profile at a glance

EIN
132989216
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2128251221
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Promotion of International Understanding

Official website

Reported finances

Revenue
$6,435,867
Expenses
$6,158,762
Assets
$10,465,563
Liabilities
$227,485

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

Leadership & pay

52 people listed

Executive titles in this filing

  • CAROLIENE HERMANS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • WILLEMIJN KEIZER (EXE. DIRECTOR THRU 4/24): $92,241 total reported compensation
  • CAROLIENE HERMANS (EXECUTIVE DIRECTOR): $67,467 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Building on the enduring heritage and values shared between the peoples of the netherlands and the united states, the netherland-america foundation seeks to further strengthen the bonds between our two countries through exchange in the arts, sciences, education, business and public affairs.

What it reported doing in 2024

Founded in 1921, the naf is active in the following areas:1) naf-fulbright fellowships: awarded to dutch and american students pursuing graduate level studies at universities in each other's countries, funded by the wilhelmina and leendert reuvers educational fund, the loet and edith velmans education fund, dm equities and proceeds from the naf ball.2) internship grants: awarded to high-achieving and low-income students through both the dutch2usa and usa2holland internship program. Awarded to graduates of the master global health program at maastricht university, the heersink family global health internship fund helps graduates pursue an internship in the united states. Awarded to high-achieving dutch students for summer academic study and internships in Washington, dc, funded by proceeds from the naf ambassadors' awards dinner.3) student exchange: grants awarded to leiden law students (bachelor's or master's level) who wish to study in the us for a semester. Funded by the johannes van de pol legacy.4) interest-free study loans: awarded to dutch students seeking to study in the united states and, on similar terms, to american students seeking to study in the netherlands. Funding sources include the maarten van hengel memorial fund, mark pigott family education fund, samuel freeman charitable trust and naf study loan fund.5) j1 visa sponsorship: for dutch students participating in internships or traineeships in the united states.6) business exchange: supporting the exchange of viewpoints, expertise and ideas amongst members of the business community at naf meetings and lectures.7) cultural grants: supporting exchange between the united states and the netherlands, for all areas of the arts. Both emerging artists as well as established organizations are eligible.8) friends funds: facilitating fundraising in the united states for dutch cultural and educational institutions. The naf's fiscal sponsorship program provides a similar arrangement for individual projects. Through this structure, u.s. Donors' gifts may be tax-deductible.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 73
  • Accountability: 95
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85%; rating input score 85
  • Program expense ratio: 87.1%; rating input score 87
  • Fundraising efficiency: $11.94 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.7%; rating input score 95; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 88.5%; rating input score 89; 25th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.3%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 1.7; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: 7.2% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 8.6% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 6.3% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 85% of revenue deployed · 87.1% of spending went to programs
  • Governance: 50 of 50 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $5.4M in reported program spending
  • Leadership: top reported pay $92K · 52 people listed
  • Highest-paid contractors: 1 contractor listed · $138K reported
  • Consistency: 38 of 39 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, foreign activity, and grants
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.