Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $18,774,057

• 1f · All other contributions, gifts and grants

  $7,453,956

• 2a · Program service revenue: CONTRACT

  total $2,465,439 · related or exempt $2,465,439

• 3 · Investment income

  total $2,553,327 · unrelated business $106,159 · excluded $2,447,168

• 7a · Gross sales of assets other than inventory

  securities $31,492,563

• 7b · Less cost or other basis and sales expenses

  securities $31,228,017

• 7c · Gain or loss

  securities $264,546

• 7d · Net gain or loss

  total $264,546 · excluded $264,546

• 11a · Other revenue: OTHER INCOME

  total $5,656 · excluded $5,656

• 11e · Other revenue, total

  $5,656

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $110,000 · program services $110,000

• 2 · Grants to domestic individuals

  total $10,000 · program services $10,000

• 3 · Grants to foreign organizations and individuals

  total $9,769,203 · program services $9,769,203

• 5 · Compensation of officers, directors and key employees

  total $1,485,516 · program services $1,007,057 · management and general $385,407 · fundraising $93,052

• 7 · Other salaries and wages

  total $16,383,225 · program services $10,991,331 · management and general $4,351,336 · fundraising $1,040,558

• 8 · Pension plan contributions

  total $528,862 · program services $387,115 · management and general $114,270 · fundraising $27,477

• 9 · Other employee benefits

  total $2,800,375 · program services $2,047,394 · management and general $604,357 · fundraising $148,624

• 10 · Payroll taxes

  total $656,289 · program services $390,697 · management and general $214,692 · fundraising $50,900

• 11b · Fees: legal

  total $94,736 · program services $36,365 · management and general $57,125 · fundraising $1,246

• 11c · Fees: accounting

  total $229,061 · program services $123,004 · management and general $103,724 · fundraising $2,333

• 11f · Fees: investment management

  total $210,310 · management and general $210,310

• 11g · Fees: other

  total $2,846,096 · program services $1,981,784 · management and general $854,837 · fundraising $9,475

• 13 · Office expenses

  total $2,376,345 · program services $364,839 · management and general $1,989,409 · fundraising $22,097

• 16 · Occupancy

  total $1,501,751 · program services $589,238 · management and general $857,740 · fundraising $54,773

• 17 · Travel

  total $2,485,818 · program services $2,346,735 · management and general $108,089 · fundraising $30,994

• 19 · Conferences, conventions and meetings

  total $754,909 · program services $725,811 · management and general $21,585 · fundraising $7,513

• 20 · Interest

  total $84,388 · program services $60,762 · management and general $21,095 · fundraising $2,531

• 22 · Depreciation, depletion and amortization

  total $730,338 · program services $33,835 · management and general $695,845 · fundraising $658

• 23 · Insurance

  total $242,924 · program services $11,963 · management and general $229,786 · fundraising $1,175

• 24a · Other expenses: BOND INTEREST AND ISSUA

  total $322,842 · program services $244,662 · management and general $67,986 · fundraising $10,194

• 24b · Other expenses: SUBSCRIPTIONS AND PUBLI

  total $71,358 · program services $70,499 · management and general $662 · fundraising $197

• 24e · All other expenses

  total $110,227 · program services $30,564 · management and general $62,538 · fundraising $17,125

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $169 · end of year $1,155

• 2 · Savings and temporary cash investments

  beginning of year $6,342,856 · end of year $6,760,193

• 3 · Pledges and grants receivable

  beginning of year $5,376,945 · end of year $7,388,160

• 4 · Accounts receivable

  beginning of year $60,035 · end of year $365,619

• 9 · Prepaid expenses and deferred charges

  beginning of year $550,310 · end of year $719,516

• 10a · Land, buildings and equipment: cost or other basis

  $27,334,674

• 10b · Land, buildings and equipment: accumulated depreciation

  $11,875,830

• 10c · Land, buildings and equipment, net

  beginning of year $16,119,193 · end of year $15,458,844

• 11 · Investments: publicly traded securities

  beginning of year $73,273,456 · end of year $77,897,515

• 12 · Investments: other securities

  beginning of year $82,787,027 · end of year $78,780,695

• 15 · Other assets

  beginning of year $4,809,307 · end of year $4,838,666

• 17 · Accounts payable and accrued expenses

  beginning of year $2,446,526 · end of year $1,898,355

• 18 · Grants payable

  beginning of year $260,177 · end of year $127,119

• 19 · Deferred revenue

  beginning of year $7,904,827 · end of year $10,915,960

• 20 · Tax-exempt bond liabilities

  beginning of year $9,208,329 · end of year $9,223,022

• 25 · Other liabilities

  beginning of year $4,129,864 · end of year $1,446,985

• 27 · Net assets without donor restrictions

  beginning of year $159,710,814 · end of year $161,508,086

• 28 · Net assets with donor restrictions

  beginning of year $5,658,761 · end of year $7,090,836

The filer's explanations (Part III)

PART I, LINE 1A

IAN LESSER RECEIVED TAX INDEMNIFICATION.

PART I, LINE 4A

TIMOTHY CHILDRESS SEVERANCE: $165,750

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• 1700 18TH STREET LLC - SINGLE MEMBER LLC

  REAL ESTATE · DC · income $0 · assets $16,625,086

  Directly controlled by THE GERMAN MARSHALL FUND OF UNITED STATES

• THE TRANSATLANTIC FOUNDATION

  PROMOTE GREATER COOPERATION AND UNDERSTANDING BETWEEN THE U.S. AND EUROPE · BE · income $3,737,295 · assets $2,376,512

  Directly controlled by THE GERMAN MARSHALL FUND OF UNITED STATES