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Nonprofiteer
← COUNCIL ON FOREIGN RELATIONS INC

Form 990 for tax year 2024

Filed by COUNCIL ON FOREIGN RELATIONS INC.

Totals

Total revenue
$99,083,520
Total expenses
$104,175,520
Contributions and grants received
$54,022,860
Grants paid
$2,066,458
Program service revenue
$24,361,340
Investment income
$19,221,700
Other revenue
$1,477,620
Total assets, end of year
$816,713,200
Total liabilities, end of year
$61,956,400
Net assets or fund balances, end of year
$754,756,800
Program services expenses (Part IX)
$77,559,100
Management and general expenses
$20,966,320
Fundraising expenses
$5,650,100
Program service expenses (Part III)
$77,559,100

Program services were 74.5% 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.

  • 1b · Membership dues

    $5,339,595

  • 1f · All other contributions, gifts and grants

    $48,683,265

  • 1g · Noncash contributions included above

    $1,860,618

  • 2a · Program service revenue: FOREIGN AFFAIRS

    total $12,419,100 · related or exempt $11,609,000 · unrelated business $810,100

  • 2b · Program service revenue: INDIVIDUAL MEMBERSHIP

    total $10,812,700 · related or exempt $10,812,700

  • 2c · Program service revenue: CORPORATE MEMBERSHIP

    total $1,129,540 · related or exempt $1,129,540

  • 3 · Investment income

    total $4,128,000 · unrelated business -$164,901 · excluded $4,292,901

  • 6a · Gross rents

    real property $1,455,000

  • 6b · Less rental expenses

    real property $21,380

  • 6c · Rental income or loss

    real property $1,433,620

  • 6d · Net rental income or loss

    total $1,433,620 · unrelated business -$60,692 · excluded $1,494,312

  • 7a · Gross sales of assets other than inventory

    securities $181,819,900

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

    securities $166,726,200

  • 7c · Gain or loss

    securities $15,093,700

  • 7d · Net gain or loss

    total $15,093,700 · excluded $15,093,700

  • 10a · Gross sales of inventory

    $8,000

  • 10b · Cost of goods sold

    $10,400

  • 10c · Net income from sales of inventory

    total -$2,400 · excluded -$2,400

  • 11a · Other revenue: MISCELLANEOUS

    total $46,400 · excluded $46,400

  • 11e · Other revenue, total

    $46,400

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $2,066,458 · program services $2,066,458

  • 5 · Compensation of officers, directors and key employees

    total $6,957,315 · program services $4,870,311 · management and general $1,657,013 · fundraising $429,991

  • 6 · Compensation of disqualified persons

    total $69,900 · program services $48,932 · management and general $16,648 · fundraising $4,320

  • 7 · Other salaries and wages

    total $38,604,317 · program services $30,352,757 · management and general $5,679,027 · fundraising $2,572,533

  • 8 · Pension plan contributions

    total $2,809,200 · program services $1,515,800 · management and general $1,195,400 · fundraising $98,000

  • 9 · Other employee benefits

    total $6,671,100 · program services $6,030,500 · fundraising $640,600

  • 10 · Payroll taxes

    total $3,095,000 · program services $2,208,600 · management and general $743,600 · fundraising $142,800

  • 11b · Fees: legal

    total $183,400 · program services $98,200 · management and general $81,200 · fundraising $4,000

  • 11c · Fees: accounting

    total $284,400 · management and general $284,400

  • 11f · Fees: investment management

    total $6,086,200 · management and general $6,086,200

  • 11g · Fees: other

    total $10,343,095 · program services $10,343,095

  • 13 · Office expenses

    total $2,081,800 · program services $923,300 · management and general $1,089,000 · fundraising $69,500

  • 14 · Information technology

    total $3,383,045 · program services $2,528,845 · management and general $788,100 · fundraising $66,100

  • 16 · Occupancy

    total $2,479,700 · program services $1,637,700 · management and general $725,600 · fundraising $116,400

  • 17 · Travel

    total $4,295,600 · program services $3,496,800 · management and general $398,300 · fundraising $400,500

  • 19 · Conferences, conventions and meetings

    total $2,551,950 · program services $2,062,350 · management and general $314,400 · fundraising $175,200

  • 20 · Interest

    total $1,525,100 · program services $788,600 · management and general $42,400 · fundraising $694,100

  • 22 · Depreciation, depletion and amortization

    total $2,575,300 · program services $1,538,700 · management and general $928,300 · fundraising $108,300

  • 24a · Other expenses: PUBLICATION & PRINTING

    total $4,006,625 · program services $3,562,725 · management and general $420,100 · fundraising $23,800

  • 24b · Other expenses: MISCELLANEOUS

    total $3,679,400 · program services $3,125,200 · management and general $456,600 · fundraising $97,600

  • 24c · Other expenses: HONORARIUMS

    total $426,615 · program services $360,227 · management and general $60,032 · fundraising $6,356

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $72,705,200 · end of year $86,511,800

  • 3 · Pledges and grants receivable

    beginning of year $31,517,500 · end of year $27,048,300

  • 4 · Accounts receivable

    beginning of year $3,215,400 · end of year $3,135,800

  • 8 · Inventories for sale or use

    beginning of year $450,600 · end of year $310,400

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,541,500 · end of year $1,738,100

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

    $129,379,900

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

    $70,675,000

  • 10c · Land, buildings and equipment, net

    beginning of year $57,037,700 · end of year $58,704,900

  • 11 · Investments: publicly traded securities

    beginning of year $62,757,900 · end of year $79,881,800

  • 12 · Investments: other securities

    beginning of year $526,295,900 · end of year $559,382,100

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,978,400 · end of year $10,078,500

  • 19 · Deferred revenue

    beginning of year $7,456,200 · end of year $8,072,900

  • 20 · Tax-exempt bond liabilities

    beginning of year $42,205,000 · end of year $39,890,000

  • 25 · Other liabilities

    beginning of year $3,725,000 · end of year $3,915,000

  • 27 · Net assets without donor restrictions

    beginning of year $148,302,900 · end of year $167,646,200

  • 28 · Net assets with donor restrictions

    beginning of year $543,854,200 · end of year $587,110,600

Mission and programs · 2024

Mission

THE COUNCIL ON FOREIGN RELATIONS (CFR) IS AN INDEPENDENT, NONPARTISAN MEMBERSHIP ORGANIZATION, THINK TANK, AND PUBLISHER DEDICATED TO BEING A RESOURCE FOR ITS MEMBERS, GOVERNMENT OFFICIALS, BUSINESS EXECUTIVES, JOURNALISTS, EDUCATORS AND (CONTINUED ON SCHEDULE O)

Activities or mission (Part I)

CFR IS AN INDEPENDENT, NON-PARTISAN FOREIGN POLICY MEMBERSHIP ORGANIZATION. (SEE SCHED O).

  • THE DAVID ROCKEFELLER STUDIES PROGRAM: CFR'S THINK TANK ANALYZES PRESSING GLOBAL CHALLENGES AND OFFERS ACTIONABLE STEPS THAT POLICYMAKERS AND CITIZENS CAN TAKE TO ADDRESS THEM. THE MORE THAN SEVENTY FULL-TIME AND ADJUNCT FELLOWS IN STUDIES COVER ALL THE WORLD'S MAJOR REGIONS AND SIGNIFICANT FOREIGN POLICY ISSUES. IN ADDITION TO PRODUCING BOOKS, ARTICLES, OP-EDS, BLOGS, PODCASTS, AND INTERACTIVES, THE STUDIES PROGRAM ADMINISTERS ELEVEN FELLOWSHIP PROGRAMS. CFR STRIVES TO MAINTAIN ROBUST DIVERSITY OF VIEWPOINTS AMONG ITS SCHOLARS AND FELLOWS. CFR TAKES NO INSTITUTIONAL POSITIONS ON MATTERS OF PUBLIC POLICY.

    Expenses $35,382,000 · Grants $2,066,458

  • FOR OVER 100 YEARS, FOREIGN AFFAIRS HAS BEEN THE LEADING FORUM FOR SERIOUS DISCUSSION OF AMERICAN FOREIGN POLICY AND GLOBAL AFFAIRS. IT IS NOW A MULTIPLATFORM MEDIA ORGANIZATION WITH A PRINT MAGAZINE, A WEBSITE, A MOBILE SITE, A PODCAST, APPS AND SOCIAL MEDIA FEEDS. THROUGHOUT ITS HISTORY, FOREIGN AFFAIRS HAS STAYED TRUE TO ITS MISSION PUBLISHED IN THE FIRST ISSUE OF THE MAGAZINE IN 1922: "FOREIGN AFFAIRS WILL DEAL WITH QUESTIONS OF INTERNATIONAL INTEREST TODAY. THEY WILL COVER A BROAD RANGE OF SUBJECTS, NOT ONLY POLITICAL BUT HISTORICAL AND ECONOMIC. IN PURSUANCE OF ITS IDEALS FOREIGN AFFAIRS WILL NOT DEVOTE ITSELF TO THE SUPPORT OF ANY ONE CAUSE, HOWEVER WORTHY. LIKE THE COUNCIL ON FOREIGN RELATIONS FROM WHICH IT HAS SPRUNG IT WILL TOLERATE WIDE DIFFERENCES OF OPINION. (CONTINUED ON SCHEDULE O) ITS ARTICLES WILL NOT REPRESENT ANY CONSENSUS OF BELIEFS. WHAT IS DEMANDED OF THEM IS THAT THEY SHALL BE COMPETENT AND WELL INFORMED, REPRESENTING HONEST OPINIONS SERIOUSLY HELD AND CONVINCINGLY EXPRESSED."

    Expenses $13,733,100 · Revenue $12,419,100

  • PRODUCT, DESIGN, AND ENGINEERING (PDE) DESIGNS, DEVELOPS, AND MAINTAINS PRODUCTS THAT SERVE THE COUNCIL'S MISSION TO IMPART A BETTER UNDERSTANDING OF THE WORLD AMONG ITS MEMBERS AND OTHER INTERESTED CITIZENS. WE COLLABORATE WITH DEPARTMENTS ACROSS THE COUNCIL TO SET AND EXECUTE THE DIGITAL VISION FOR CFR.ORG, AS WELL AS A MEMBER SERVICES PORTAL. WE ARE COMMITTED TO USER-CENTRICITY IN OUR APPROACH, ITERATION IN OUR IMPLEMENTATION, AND STABILITY IN OUR SITES AND SERVICES. CFR.ORG CONTINUES TO BE A LEADING SOURCE OF TIMELY ANALYSIS ON CRITICAL FOREIGN POLICY ISSUES. THE WEBSITE'S MOST POPULAR PRODUCTS INCLUDE INCLUDE THE GLOBAL CONFLICT TRACKER (GCT), AN NTERACTIVE DASHBOARD CREATED AND MAINTAINED BY THE CENTER FOR PREVENTIVE ACTION, WHICH TRACKS AND ANALYZES ARMED CONFLICTS (CONTINUED ON SCHEDULE O) AROUND THE WORLD IN REAL TIME, AND CFR BACKGROUNDERS, WHICH PROVIDE AUTHORITATIVE, ACCESSIBLE, AND REGULARLY UPDATED PRIMERS ON HUNDREDS OF FOREIGN POLICY TOPICS.

    Expenses $11,966,700

  • ALL OTHER PROGRAMMATIC ACTIVITIESCFR'S WEBSITE, CFR.ORG, IS ONE OF THE ORGANIZATION'S PRIMARY COMMUNICATIONS CHANNELS TO ITS VARIOUS AUDIENCES. THE SITE PUBLISHES A RICH VARIETY OF TYPES OF CONTENT, INCLUDING THE DAILY NEWS ANALYSIS, BACKGROUNDERS, INTERVIEWS, PODCASTS, OPINION PIECES, FULL TEXT OF PUBLICATIONS FROM THE THINK TANK, RESOURCES IN SUPPORT OF THE VARIOUS OUTREACH INITIATIVES, VIDEOS AND TRANSCRIPTS OF ON-THE-RECORD MEETINGS AND SEMINARS AND MORE. THE SITE ALSO PROVIDES A COMPREHENSIVE ACCOUNT OF THE HISTORY AND ACTIVITIES OF CFR IN NEW YORK AND AT ITS WASHINGTON D.C. OFFICE. THE STEPHEN M. KELLEN TERM MEMBER PROGRAM ENCOURAGES PROMISING YOUNG LEADERS IN GOVERNMENT, MEDIA, NONGOVERNMENTAL ORGANIZATIONS, LAW, BUSINESS, FINANCE, AND ACADEMIA TO ENGAGE IN A SUSTAINED CONVERSATION ON INTERNATIONAL AFFAIRS AND U.S. FOREIGN POLICY. THE PROGRAM ALLOWS THESE YOUNGER MEMBERS TO INTERACT WITH SEASONED FOREIGN-POLICY EXPERTS AND PARTICIPATE IN A WIDE VARIETY OF EVENTS DESIGNED ESPECIALLY FOR THEM. EACH YEAR A NEW CLASS OF TERM MEMBERS, BETWEEN THE AGES OF 30 AND 36, IS ELECTED TO A FIVE-YEAR MEMBERSHIP TERM. THE COUNCIL ON FOREIGN RELATIONS SPONSORS INDEPENDENT TASK FORCES TO ASSESS ISSUES OF CRITICAL IMPORTANCE TO U.S. FOREIGN POLICY. DIVERSE IN BACKGROUNDS AND PERSPECTIVES, TASK FORCE MEMBERS WORK TO REACH MEANINGFUL CONSENSUS ACROSS PARTISAN LINES ON MATTERS OF POLICY. SINCE THE PROGRAM'S INCEPTION IN 1995, TASK FORCES HAVE BECOME A TRADEMARK OF THE COUNCIL.STUDENTS TODAY LIVE IN A WORLD MORE CONNECTED THAN AT ANY POINT IN HISTORY, WHERE COMPLEX FOREIGN POLICY MATTERS AND TRANSNATIONAL ISSUES SUCH AS TRADE, PANDEMICS, AND SCIENTIFIC BREAKTHROUGHS REQUIRE YOUNG PEOPLE TO DEVELOP GLOBAL PUBLIC AFFAIRS LITERACY CAPABILITIES. THE ESSENTIAL KNOWLEDGE, SKILLS, AND PERSPECTIVE NEEDED TO UNDERSTAND HOW OUR COMPLICATED AND FASCINATING WORLD WORKS IS NOT READILY AVAILABLE TO STUDENTS AND EDUCATORS. TO ADDRESS THIS CURRICULAR GAP, SINCE 2015, CFR EDUCATION HAS DEVOTED ITSELF TO THIS VITAL WORK, DEVELOPING AWARD-WINNING CLASSROOM PRODUCTS DESIGNED TO INTRODUCE STUDENTS IN HIGH SCHOOL AND COLLEGE TO THE FUNDAMENTALS OF FOREIGN POLICY AND INTERNATIONAL RELATIONS IN ORDER TO MAKE SENSE OF THE WORLD AROUND THEM.IN REGARDS TO OUTREACH INITIATIVES, THE COUNCIL IS COMMITTED TO REACHING OUT TO DIFFERENT CONSTITUENCIES SO THAT THEY BETTER UNDERSTAND THE WORLD AND THE FOREIGN POLICY CHOICES FACING THE UNITED STATES AND OTHER GOVERNMENTS. CFR IS DEVOTING MORE TIME AND ENERGY TO CONNECTING WITH AND SERVING AS A RESOURCE FOR GROUPS OF INTERESTED CITIZENS WHOSE VOICES ARE INCREASINGLY IMPORTANT TO THE NATIONAL FOREIGN POLICY DEBATE. THESE CONSTITUENCIES INCLUDE HIGHER EDUCATION EDUCATORS AND ADMINISTRATORS; RELIGIOUS AND CONGREGATIONAL LEADERS; AND STATE AND LOCAL OFFICIALS; AND LOCAL JOURNALISTS. CFR'S ADDITIONAL PROGRAMS ARE A NATIONAL PROGRAM, A CORPORATE MEMBER PROGRAM AND A GLOBAL BOARD OF ADVISORS. FOR MORE INFORMATION, PLEASE VISIT THE ORGANIZATION'S WEBSITE, WWW.CFR.ORG.TOTAL EXPENSES ASSOCIATED WITH OTHER PROGRAM SERVICE ACTIVITIES ARE AS FOLLOWS:MEETINGS PROGRAM - $4,847,000EDUCATION - $4,017,700MEMBERSHIP - $2,444,300OUTREACH - $2,304,600NATIONAL PROGRAM - $1,900,300TERM MEMBER PROGRAM - $848,800 GLOBAL BOARD OF ADVISORS - $114,600TOTAL REVENUE ASSOCIATED WITH OTHER PROGRAM SERVICE ACTIVITIES ARE AS FOLLOWS:MEMBERSHIP DUES (NON-CONTRIBUTION) - $17,831,800

    Expenses $16,477,300 · Revenue $11,942,240

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

Listed in Part VII

  • Michael Froman

    PRESIDENT

    Total calculated
    $1,421,343
    From this org
    $1,352,711
    From related orgs
    $0
    Other
    $68,632
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $852,916
    Bonus
    $298,000
    Other
    $201,795
    Deferred
    $22,938
    Nontaxable benefits
    $45,694
    Filer's total
    $1,421,343
  • David M Rubenstein

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Blair Effron

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Jami Miscik

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Nicholas Beim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Afsaneh Mashayekhi Beschloss

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Margaret Brennan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sylivia Mathews Burwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kenneth I Chenault

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tony Coles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cesar Conde

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michle Flournoy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jane Fraser

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephen C Freidheim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James P Gorman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephen J Hadley

    DIRECTOR (THRU 06/30/2025)

    Total calculated
    $0
    Hours/week
    1
  • Margaret Peggy Hamburg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • William Hurd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Charles R Kaye

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Manyika

    DIRECTOR (THRU 06/30/2025)

    Total calculated
    $0
    Hours/week
    1
  • William H McRaven

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Justin G Muzinich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Janet A Napolitano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Meghan O'Sullivan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deven J Parekh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Charles Phillips

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Richard L Plepler

    DIRECTOR (THRU 06/30/2025)

    Total calculated
    $0
    Hours/week
    1
  • Ruth Porat

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Laurene Powell Jobs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • L Rafael Reif

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mariko Silver

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Taiclet

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Frances F Townsend

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tracey T Travis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Fareed Zakaria

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amy Zegart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James M Lindsay

    SR. VP & DIR OF STUDIES (THRU 06/25)

    Total calculated
    $568,775
    From this org
    $496,081
    From related orgs
    $0
    Other
    $72,694
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $373,916
    Bonus
    $119,000
    Other
    $3,165
    Deferred
    $27,000
    Nontaxable benefits
    $45,694
    Filer's total
    $568,775
  • Iva Zoric Thru 1024

    VP, GLOBAL COM & MEDIA RELATIONS

    Total calculated
    $539,983
    From this org
    $487,953
    From related orgs
    $0
    Other
    $52,030
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $212,095
    Bonus
    $62,100
    Other
    $213,758
    Deferred
    $17,508
    Nontaxable benefits
    $34,522
    Filer's total
    $539,983
  • Suzanne E Helm Thru 1124

    VP, PHILANTHROPY & RELATION

    Total calculated
    $516,229
    From this org
    $454,584
    From related orgs
    $0
    Other
    $61,645
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $287,961
    Bonus
    $150,000
    Other
    $16,623
    Deferred
    $22,863
    Nontaxable benefits
    $38,782
    Filer's total
    $516,229
  • Shannon O'Neil

    SENIOR VP, DIRECTOR OF STUDIES

    Total calculated
    $493,081
    From this org
    $421,358
    From related orgs
    $0
    Other
    $71,723
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $340,464
    Bonus
    $80,300
    Other
    $594
    Deferred
    $27,349
    Nontaxable benefits
    $44,374
    Filer's total
    $493,081
  • Jan Mowder Hughes

    VP & CHIEF HR OFFICER (THRU 09/24)

    Total calculated
    $431,390
    From this org
    $381,197
    From related orgs
    $0
    Other
    $50,193
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $168,360
    Bonus
    $93,150
    Other
    $119,687
    Deferred
    $14,293
    Nontaxable benefits
    $35,900
    Filer's total
    $431,390
  • Jennifer Perez

    CHIEF FINANCIAL OFFICER & TREASURER

    Total calculated
    $396,728
    From this org
    $368,041
    From related orgs
    $0
    Other
    $28,687
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $305,867
    Bonus
    $61,800
    Other
    $374
    Deferred
    $25,004
    Nontaxable benefits
    $3,683
    Filer's total
    $396,728
  • Nancy D Bodurtha

    VP, MEETINGS & MEMBERSHIP

    Total calculated
    $429,851
    From this org
    $364,677
    From related orgs
    $0
    Other
    $65,174
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $273,032
    Bonus
    $90,000
    Other
    $1,645
    Deferred
    $22,680
    Nontaxable benefits
    $42,494
    Filer's total
    $429,851
  • Irina Faskianos

    VP, NATIONAL PROGRAM & OUTREACH

    Total calculated
    $428,522
    From this org
    $360,188
    From related orgs
    $0
    Other
    $68,334
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $269,116
    Bonus
    $90,000
    Other
    $1,072
    Deferred
    $22,640
    Nontaxable benefits
    $45,694
    Filer's total
    $428,522
  • Steven Bennett

    EXEC. VP & CHIEF ADMIN. OFFICER

    Total calculated
    $357,149
    From this org
    $357,149
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $311,615
    Bonus
    $44,700
    Other
    $834
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $357,149
  • Caroline Netchvolodoff

    VP, EDUCATION

    Total calculated
    $408,135
    From this org
    $343,961
    From related orgs
    $0
    Other
    $64,174
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $262,116
    Bonus
    $80,200
    Other
    $1,645
    Deferred
    $21,680
    Nontaxable benefits
    $42,494
    Filer's total
    $408,135
  • Stephanie Solomon

    VP, CHIEF REV OFF., FOREIGN AFFAIRS

    Total calculated
    $405,704
    From this org
    $337,690
    From related orgs
    $0
    Other
    $68,014
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $266,916
    Bonus
    $70,400
    Other
    $374
    Deferred
    $22,320
    Nontaxable benefits
    $45,694
    Filer's total
    $405,704
  • Christopher Tuttle

    SENIOR FELLOW/DEPUTY DIR. OF STUDIES

    Total calculated
    $329,561
    From this org
    $280,798
    From related orgs
    $0
    Other
    $48,763
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $246,534
    Bonus
    $33,700
    Other
    $564
    Deferred
    $20,172
    Nontaxable benefits
    $28,591
    Filer's total
    $329,561
  • Millie Tran

    VP & CHIEF DIGITAL CONTENT OFFICER

    Total calculated
    $240,682
    From this org
    $212,396
    From related orgs
    $0
    Other
    $28,286
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $212,255
    Bonus
    $0
    Other
    $141
    Deferred
    $17,261
    Nontaxable benefits
    $11,025
    Filer's total
    $240,682
  • Layla Naficy As Of 0924

    CHIEF HUMAN RESOURCES OFFICER

    Total calculated
    $85,346
    From this org
    $80,999
    From related orgs
    $0
    Other
    $4,347
    Hours/week
    35
  • Ben Chang As Of 112024

    VP, GLOBAL COMMUNICATIONS

    Total calculated
    $32,372
    From this org
    $32,372
    From related orgs
    $0
    Other
    $0
    Hours/week
    35
  • Matt Quam As Of 0125

    VP & CHIEF DEVELOPMENT OFFICER

    Total calculated
    $0
    Hours/week
    35
  • Aimee Carter As Of 0125

    VP, CORPORATE & CEO PROGRAMS

    Total calculated
    $0
    Hours/week
    35
  • Giovanna M Ban

    CHIEF INVESTMENT OFFICER

    Total calculated
    $660,789
    From this org
    $588,095
    From related orgs
    $0
    Other
    $72,694
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $484,221
    Bonus
    $103,500
    Other
    $374
    Deferred
    $27,000
    Nontaxable benefits
    $45,694
    Filer's total
    $660,789
  • Daniel A Kurtz-Phelan

    EDITOR

    Total calculated
    $652,775
    From this org
    $459,465
    From related orgs
    $0
    Other
    $193,310
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $356,216
    Bonus
    $103,000
    Other
    $249
    Deferred
    $147,000
    Nontaxable benefits
    $46,310
    Filer's total
    $652,775
  • Miriam S Higgins

    GENERAL COUNSEL

    Total calculated
    $430,437
    From this org
    $359,611
    From related orgs
    $0
    Other
    $70,826
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $302,066
    Bonus
    $55,900
    Other
    $1,645
    Deferred
    $25,132
    Nontaxable benefits
    $45,694
    Filer's total
    $430,437
  • Matthew Goodman

    DISTING. FELLOW/DIR. OF REALECON

    Total calculated
    $368,564
    From this org
    $345,267
    From related orgs
    $0
    Other
    $23,297
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $301,622
    Bonus
    $42,000
    Other
    $1,645
    Deferred
    $6,690
    Nontaxable benefits
    $16,607
    Filer's total
    $368,564
  • Frank Alvarez - Managing

    DIR., FACILITY, EVENT, & SECURITY MGMT

    Total calculated
    $349,249
    From this org
    $310,145
    From related orgs
    $0
    Other
    $39,104
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $259,373
    Bonus
    $49,700
    Other
    $1,072
    Deferred
    $21,248
    Nontaxable benefits
    $17,856
    Filer's total
    $349,249
  • Jeffrey A Reinke

    FORMER SECRETARY

    Total calculated
    $221,491
    From this org
    $191,737
    From related orgs
    $0
    Other
    $29,754
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $106,373
    Bonus
    $69,900
    Other
    $15,464
    Deferred
    $8,898
    Nontaxable benefits
    $20,856
    Filer's total
    $221,491

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

  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
IN ACCORDANCE WITH THEIR EMPLOYMENT CONTRACT, THE COUNCIL PROVIDES THE PRESIDENT A HOUSING ALLOWANCE WHICH IS GROSSED UP AND INCLUDED IN THEIR TAXABLE WAGES. THE HOUSING ALLOWANCE IS REFLECTED ON SCHEDULE J, PART II, COLUMN (B)(III). SCHEDULE J, PART II, COLUMN (B)(III) ALSO REFLECTS TAX GROSS UP PAYMENTS ON A PORTION OF THE PRESIDENT'S COMPENSATION PAID IN LIGHT OF IRS LIMITS ON RETIREMENT PLAN COMPENSATION.
PART I, LINE 4A
THE FOLLOWING INDIVIDUALS RECEIVED A SEVERANCE PAYMENT IN CALENDAR YEAR 2024 THAT IS INCLUDED IN THEIR WAGES IN SCHEDULE J, PART II, COLUMN B(III) AS REPORTABLE COMPENSATION. -VP, GLOB COMMUNICATIONS & MEDIA RELATIONS, IVA ZORIC - $201,462 -VP & CHIEF HUMAN RESOURCES OFFICER, JAN MOWDER HUGHES - $98,896
PART I, LINE 7
NON-FIXED PAYMENTS THE COUNCIL ON FOREIGN RELATIONS PROVIDES DISCRETIONARY BONUSES TO OFFICERS AND KEY EMPLOYEES REPORTED ON THE ORGANIZATION'S FORM 990. THE PROCESS FOR DETERMINING THOSE BONUSES HAS BEEN DESCRIBED IN SCHEDULE O WHERE THE COUNCIL DISCUSSES ITS COMPENSATION PROCESS. THE COUNCIL'S COMPENSATION AND BONUSES ARE DETERMINED IN THE SAME PROCESS.

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
16 March 2026
IRS schema version
2024v5.5
Source object
202630759349300968

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

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