Skip to content
Nonprofiteer
← US MEXICO FOUNDATION

Form 990 for tax year 2024

Filed by US MEXICO FOUNDATION.

Totals

Total revenue
$2,808,268
Total expenses
$2,741,560
Contributions and grants received
$2,806,596
Grants paid
$41,908
Program service revenue
$0
Investment income
$975
Other revenue
$697
Total assets, end of year
$1,026,986
Total liabilities, end of year
$272,706
Net assets or fund balances, end of year
$754,280
Program services expenses (Part IX)
$2,410,352
Management and general expenses
$204,788
Fundraising expenses
$126,420
Program service expenses (Part III)
$2,410,352

Program services were 87.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,806,596

  • 3 · Investment income

    total $975 · excluded $975

  • 11a · Other revenue: OTHER REVENUE

    total $697 · excluded $697

  • 11e · Other revenue, total

    $697

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $41,908 · program services $41,908

  • 5 · Compensation of officers, directors and key employees

    total $510,179 · program services $356,503 · management and general $56,153 · fundraising $97,523

  • 7 · Other salaries and wages

    total $311,589 · program services $263,804 · management and general $24,239 · fundraising $23,546

  • 9 · Other employee benefits

    total $11,579 · management and general $11,579

  • 10 · Payroll taxes

    total $37,075 · program services $20,386 · management and general $11,338 · fundraising $5,351

  • 11c · Fees: accounting

    total $44,640 · management and general $44,640

  • 11g · Fees: other

    total $673,714 · program services $667,485 · management and general $6,229

  • 12 · Advertising and promotion

    total $36,073 · program services $36,073

  • 13 · Office expenses

    total $28,935 · program services $27,625 · management and general $1,310

  • 14 · Information technology

    total $15,723 · program services $9,133 · management and general $6,590

  • 16 · Occupancy

    total $373,182 · program services $351,413 · management and general $21,769

  • 17 · Travel

    total $473,889 · program services $466,891 · management and general $6,998

  • 19 · Conferences, conventions and meetings

    total $41,507 · program services $41,507

  • 23 · Insurance

    total $6,682 · program services $4,591 · management and general $2,091

  • 24a · Other expenses: MEALS AND CATERING

    total $70,768 · program services $70,768

  • 24b · Other expenses: EDUC AND PROF DEVELOPMENT

    total $51,060 · program services $51,060

  • 24c · Other expenses: EXCHANGE RATE ADJUSTMENTS

    total $7,417 · program services $346 · management and general $7,071

  • 24d · Other expenses: BANK CHARGES & FEES

    total $5,640 · program services $859 · management and general $4,781

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $309,667 · end of year $304,366

  • 2 · Savings and temporary cash investments

    beginning of year $486,869 · end of year $487,844

  • 4 · Accounts receivable

    beginning of year $196,443 · end of year $232,776

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,847

  • 15 · Other assets

    beginning of year $12,300 · end of year $2,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $213,904 · end of year $170,094

  • 19 · Deferred revenue

    beginning of year $70,000 · end of year $73,462

  • 21 · Escrow or custodial account liability

    beginning of year $40,650 · end of year $29,150

  • 27 · Net assets without donor restrictions

    beginning of year $687,572 · end of year $754,280

Mission and programs · 2024

Mission

TO PROMOTE BINATIONAL UNDERSTANDING AND COLLABORATION THROUGH EDUCATIONAL PROGRAMS THAT LOOK TO EDUCATE AND EMPOWER MEXICAN YOUTH IN THE AREAS OF: STEM, ENGLISH LANGUAGE LEARNING, AND CIVIC ENGAGEMENT.

  • NORTH CAPITAL FORUM: THE NORTH CAPITAL FORUM IS AN ANNUAL 3-DAY EVENT, HOSTED BY HE US MEXICO FOUNDATION, THAT FOCUSES ON UNDERSTANDING NORTH AMERICA'S MAIN CHALLENGES AND CREATING MUTUALLY BENEFICIAL SOLUTIONS. THE EVENT WELCOMES, ON AVERAGE, MORE THAN 700 PARTICIPANTS AND CONSISTS OF AROUND 23 PANELS AND MORE THAN 100 SPEAKERS. KEY GENERATORS OF PROPOSALS PRESENTED THEIR IDEAS AND RECOMMENDATIONS TO STRENGTHEN ITS INTEGRATION. THE EVENT SEEKS TO ADVANCE THE NORTH AMERICAN WAY. THE NORTH AMERICAN WAY EMBODIES A PERSPECTIVE THAT IS BOTH INDIVIDUAL AND COLLECTIVE, WHILE ALSO TAKING A COMPREHENSIVE APPROACH TOWARDS INNOCATION, EFFICIENCY, ECONOMIC ADVANCEMENT, AND SOCIAL ACCOUNTABILITY. THIS OUTLOOK IS FOUNDED ON COLLABORATION AND IS DEEPLY ROOTED IN CULTURAL AND FAMILIAL CONNECTIONS, REGIONAL PRINCIPLES, SHARED HISTORY, AND CUSTOMS.

    Expenses $1,224,301

  • THE US MEXICO 360 PUBLIC DIPLOMACY INITIATIVE: FROM THE US MEXICO FOUNDATION, PROVIDES THE OPPORTUNITY FOR US AND MEXICAN LEADERS FROM BUSINESSES, THINK TANKS AND OTHER RESEARCH INSTITUTIONS, SCHOOLS AND UNIVERSITIES, AND NGOS TO MEET COUNTERPARTS ON A PROFESSIONAL EDUCATIONAL EXCHANGE IN MEXICO AND THE US PARTICIPANTS REPRESENT A DIVERSE SET OF INSTITUTIONS, AND MANY ASPECTS OF THE US-MEXICO POLICY, INCLUDING POLITICS AND GOVERNMENT, ECONOMICS AND TRADE, ENERGY, EDUCATION, MEDIA AND COMMUNICATIONS, AND RESEARCH. THE PROGRAM GIVES A 360-DEFREE VIE OF US- MEXICO RELATIONS, CURRENT AFFAIRS, AND A GLIMPSE INTO MEXICAN AND AMERICAN CULTURE.

    Expenses $329,433

  • CONVOCATION: THIS IS AN EDUCATIONAL PROGRAM WHERE EXPERTS AND FORMER AMBASSADORS AND LEGISLATORS FROM THE UNITED STATES TO MEXICO AND FROM MEXICO TO THE UNITED STATES CONVENE YEARLY TO DISCUSS THE FUTURE OF THE BILATERAL RELATIONSHIP. THE MAIN TAKEAWAYS FROM THE FIRST DISCUSSION WERE PUBLISHED IN AN INFORMATIVE AND EDUCATIONAL DOCUMENT. TITLE CONVOCATION: A VISION FOR A STRONGER US-MEXICO PARTNERSHIP. THE FIRST CONVOCATION REPORT HAS BEEN VISIBLY PRESENTED TO EDUCATE BILATERAL STAKEHOLDERS AND INTEREST GROUPS IN BOTH COUNTRIES.

    Expenses $110,510

  • 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.

    Expenses $746,108 · Grants $41,908

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Enrique Perret Erhard

    MANAGING DIR

    Total calculated
    $440,179
    From this org
    $419,541
    From related orgs
    $0
    Other
    $20,638
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,416
    Bonus
    $183,125
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $20,638
    Filer's total
    $440,179
  • Emilio Cadena

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Madelka McCalla

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Hector Lujan

    GOV/NOMINATI

    Total calculated
    $0
    Hours/week
    5
  • Sean Salas

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Jennifer Prescott

    PROGRAMS

    Total calculated
    $0
    Hours/week
    5
  • David Jimenez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Lourdes Aranda

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Marcelo Gaete

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Pati Jinich

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Scott Myers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Jeff Wilson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Jon Barela

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Susan Greenwall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Louise Blais

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Luis Gutierrez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Jesus Carmona

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Eduardo Canales

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
17 June 2025
IRS schema version
2024v5.0
Source object
202541709349300514

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.