Us Mexico Foundation

What it reported doing in 2024

200s internship program: this is an educational program that seeks to promote north american leaders by facilitating internship opportunities to young professionals from mexico in Washington dc. Participants experience a professional, cultural and academic 3-month experience in the dc area. Ally-shoring initiative: the "ally-shoring initiative" is a usmf-led task force of american and mexican stakeholders with investments on both sides of the border, eager to support and help futher us-mexico economic collaboration. Among them are prologis, grupo prodensa, arca continental, and 3m. The program seeks to offer a unique framework through which the us and mexico can build on more than 30 years of tightly woven co-production and trade, but with an eye towards the future. The two nations can expand their collaboration, enhancing bi-national efforts to create and manufacture transformational exports that support advanced manufacturing r&d, smart borders, and the joint development of us and mexican workforce skills to meet the evolving markets of the 21st century. An ally-shoring framework further supports and enhances the goals of the usmca. The us mexico foundation (usmf) focuses its effort on 3 primary approaches to increasing educational, cultural, and social integration between mexico and the us by public diplomacy core programs like educational exchange us mexico 360. Also, it educates through its in-house research fellowship and research partners by providing educational and informational documents like think tank monitoring, ally shorting, mexico-bay area, and competitiveness studies for sme's ecosystems. The usmf also attempts to educate through media and events, including programs such as the podcast proyecto 1954, opeds in major publications, mexican newscast in the us, and through interactive webinars and events. Finally, education transformation fund: through this fund, the usmf provides grants to local ngos who do work in areas aligned with the usmf's mission. Usmf supports educational programs in the areas of stem, english language learning, and civic engagement.

Financial Efficiency

• Mission deployment rate: 85.8%; rating input score 86
• Program expense ratio: 87.9%; rating input score 88
• Fundraising efficiency: $22.2 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 10th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: 4 of 8 controls in place; rating input score 50
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Pass
  • Conducts site visits: Pass
  • Requires grant agreements: Pass
  • May require repayment: Fail
• Grant itemization coverage: 92.2%; rating input score 92; 27th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 94.4%; rating input score 94; 25th percentile among comparable filings
• Governance controls: 5 of 8 controls in place; rating input score 62
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • 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: 2.4%; rating input score 42; 42nd percentile among comparable filings
• Total-asset coverage ratio: 0.37; rating input score 12; 12th percentile among comparable filings
• Liabilities to assets ratio: 0.27; rating input score 37; 37th percentile among comparable filings
• Officer compensation ratio: 16.1%; rating input score 17; 17th percentile among comparable filings

Growth

• Program expense growth: 12.4% per year; rating input score 100; 72nd percentile among comparable filings
• Revenue growth: 14.9% per year; rating input score 100; 81st percentile among comparable filings
• Asset growth: -3.8% per year; rating input score 0; 5th percentile among comparable filings