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← THE AMERICAN FUND FOR LSE

Form 990 for tax year 2022

Filed by THE AMERICAN FUND FOR LSE.

Totals

Total revenue
$3,854,976
Total expenses
$3,857,491
Contributions and grants received
$3,847,852
Grants paid
$3,757,690
Program service revenue
$0
Investment income
$7,124
Other revenue
$0
Total assets, end of year
$1,910,757
Total liabilities, end of year
$14,600
Net assets or fund balances, end of year
$1,896,157
Program services expenses (Part IX)
$3,757,690
Management and general expenses
$99,801
Fundraising expenses
$0
Program service expenses (Part III)
$3,757,690

Program services were 97.4% 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

    $3,847,852

  • 1g · Noncash contributions included above

    $114,630

  • 3 · Investment income

    total $5,149 · excluded $5,149

  • 7a · Gross sales of assets other than inventory

    securities $124,097

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

    securities $122,122

  • 7c · Gain or loss

    securities $1,975

  • 7d · Net gain or loss

    total $1,975 · excluded $1,975

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $3,757,690 · program services $3,757,690

  • 11c · Fees: accounting

    total $14,600 · management and general $14,600

  • 13 · Office expenses

    total $8,081 · management and general $8,081

  • 24a · Other expenses: BAD DEBT

    total $77,120 · management and general $77,120

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $138,922 · end of year $422,010

  • 3 · Pledges and grants receivable

    beginning of year $1,776,950 · end of year $1,488,747

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,200 · end of year $14,600

  • 27 · Net assets without donor restrictions

    beginning of year $121,722 · end of year $407,410

  • 28 · Net assets with donor restrictions

    beginning of year $1,776,950 · end of year $1,488,747

Mission and programs · 2022

Mission

THE AMERICAN FUND FOR LSE (THE "FUND") IS DEDICATED TO INFORMING ALUMNI, FRIENDS AND CORPORATIONS ABOUT THE LONDON SCHOOL OF ECONOMICS AND RAISING FUNDS IN SUPPORT OF ITS MISSION.

Activities or mission (Part I)

THE FUND IS DEDICATED TO INFORMING ALUMNI FRIENDS AND CORPORATIONS ABOUT THE LONDON SCHOOL OF ECONOMICS AND RAISING FUNDS IN SUPPORT OF ITS MISSION.

  • TO DEVELOP PUBLIC UNDERSTANDING OF, AND PROMOTE PUBLIC INTEREST IN, THE ROLE OF UNIVERSITIES, AND ESPECIALLY THE LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE, AS CENTERS FOR THE EXPANSION OF KNOWLEDGE ABOUT THE INTERACTION OF ECONOMIC AND POLITICAL PROCESSES IN THE PROMOTION OF ECONOMIC GROWTH; FOR THE FIROZ LALJI CENTRE FOR AFRICA, SCHOLARSHIPS FOR DESERVING STUDENTS, AND SUPPORT FOR ACADEMIC RESEARCH.

    Expenses $3,757,690 · Grants $3,757,690

As filed on the 2022 return.

Listed in Part VII

  • Bruce G Tuchman

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Christopher Ricciardi

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Christopher R Blake

    SECRETARY & ASST. TREASURER

    Total calculated
    $0
    Hours/week
    5
  • Tricia Coyle

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • David M Wah

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mont Rogers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Kaplan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas E Kern

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
24 January 2024
IRS schema version
2022v5.0
Source object
202440579349300419

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