Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $24,656

• 1e · Government grants (contributions)

  $3,624,181

• 1f · All other contributions, gifts and grants

  $144,630,314

• 1g · Noncash contributions included above

  $264,091

• 2a · Program service revenue: OVERSEAS STUDENT FEES

  total $1,283,299 · related or exempt $1,283,299

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $1,896,485 · excluded $1,896,485

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $22,342,632

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

  securities $21,225,093

• 7c · Gain or loss

  securities $1,117,539 · other assets $0

• 7d · Net gain or loss

  total $1,117,539 · excluded $1,117,539

• 8a · Fundraising events: contributions included on line 1c

  $24,656

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $7,071 · program services $7,071

• 3 · Grants to foreign organizations and individuals

  total $61,616,168 · program services $61,616,168

• 5 · Compensation of officers, directors and key employees

  total $732,915 · management and general $359,257 · fundraising $373,658

• 7 · Other salaries and wages

  total $2,820,594 · program services $412,509 · management and general $952,047 · fundraising $1,456,038

• 8 · Pension plan contributions

  total $207,827 · program services $28,144 · management and general $72,207 · fundraising $107,476

• 9 · Other employee benefits

  total $451,953 · program services $63,470 · management and general $156,016 · fundraising $232,467

• 10 · Payroll taxes

  total $262,035 · program services $30,905 · management and general $95,933 · fundraising $135,197

• 11b · Fees: legal

  total $42,972 · management and general $42,972

• 11c · Fees: accounting

  total $99,445 · management and general $99,445

• 11f · Fees: investment management

  total $238,882 · management and general $238,882

• 11g · Fees: other

  total $226,072 · program services $25,516 · management and general $83,245 · fundraising $117,311

• 12 · Advertising and promotion

  total $445,862 · management and general $336,754 · fundraising $109,108

• 13 · Office expenses

  total $404,021 · program services $77,840 · management and general $135,385 · fundraising $190,796

• 16 · Occupancy

  total $463,503 · program services $30,000 · management and general $179,930 · fundraising $253,573

• 17 · Travel

  total $180,985 · program services $56,277 · management and general $51,761 · fundraising $72,947

• 19 · Conferences, conventions and meetings

  total $148,094 · program services $24,887 · management and general $51,138 · fundraising $72,069

• 22 · Depreciation, depletion and amortization

  total $25,169 · management and general $10,447 · fundraising $14,722

• 23 · Insurance

  total $75,874 · program services $7,541 · management and general $28,362 · fundraising $39,971

• 24a · Other expenses: CC PROCESSING FEES

  total $209,325 · management and general $189,456 · fundraising $19,869

• 24b · Other expenses: DIRECT MAIL CAMPAIGN

  total $107,564 · fundraising $107,564

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $965,653 · end of year $3,886,889

• 2 · Savings and temporary cash investments

  beginning of year $3,635,561 · end of year $506,233

• 3 · Pledges and grants receivable

  beginning of year $39,383,457 · end of year $123,459,313

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $710,854 · end of year $158,296

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

  $306,711

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

  $198,277

• 10c · Land, buildings and equipment, net

  beginning of year $133,603 · end of year $108,434

• 11 · Investments: publicly traded securities

  beginning of year $64,148,408 · end of year $72,896,311

• 12 · Investments: other securities

  beginning of year $597,062

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $4,752,406 · end of year $5,220,733

• 17 · Accounts payable and accrued expenses

  beginning of year $268,340 · end of year $189,764

• 19 · Deferred revenue

  beginning of year $2,089,355 · end of year $2,708,605

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $4,271,120 · end of year $3,426,543

• 27 · Net assets without donor restrictions

  beginning of year $2,664,248 · end of year $4,538,759

• 28 · Net assets with donor restrictions

  beginning of year $105,033,941 · end of year $195,372,538

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4A SEVERANCE OR CHANGE-OF-CONTROL PAYMENT

JENNIFER GROSS, THE FORMER CEO, RECEIVED $225,000 IN SEVERANCE PAYMENT.