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Nonprofiteer
← THE AMERICAN FUND FOR LSE

Form 990 for tax year 2024

Filed by THE AMERICAN FUND FOR LSE.

Totals

Total revenue
$7,482,988
Total expenses
$3,090,256
Contributions and grants received
$7,487,402
Grants paid
$2,976,463
Program service revenue
$0
Investment income
-$4,414
Other revenue
$0
Total assets, end of year
$4,894,995
Total liabilities, end of year
$12,500
Net assets or fund balances, end of year
$4,882,495
Program services expenses (Part IX)
$2,976,463
Management and general expenses
$113,793
Fundraising expenses
$0
Program service expenses (Part III)
$2,976,463

Program services were 96.3% 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

    $7,487,402

  • 1g · Noncash contributions included above

    $318,419

  • 3 · Investment income

    total $455 · excluded $455

  • 7a · Gross sales of assets other than inventory

    securities $343,115

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

    securities $347,984

  • 7c · Gain or loss

    securities -$4,869

  • 7d · Net gain or loss

    total -$4,869 · excluded -$4,869

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $2,976,463 · program services $2,976,463

  • 11c · Fees: accounting

    total $65,702 · management and general $65,702

  • 13 · Office expenses

    total $4,679 · management and general $4,679

  • 17 · Travel

    total $27,788 · management and general $27,788

  • 23 · Insurance

    total $4,203 · management and general $4,203

  • 24a · Other expenses: BANK FEES

    total $11,421 · management and general $11,421

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $235,534 · end of year $4,020,891

  • 3 · Pledges and grants receivable

    beginning of year $1,166,881 · end of year $874,104

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,000 · end of year $12,500

  • 27 · Net assets without donor restrictions

    beginning of year $220,534 · end of year -$1,326,287

  • 28 · Net assets with donor restrictions

    beginning of year $1,166,881 · end of year $6,208,782

Mission and programs · 2024

Mission

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 GROWTH AND POLITICAL PROCESSES IN THE PROMOTION OF ECONOMIC GROWTH, SCHOLARSHIPS FOR DESERVING STUDENTS, AND SUPPORT FOR ACADEMIC RESEARCH.

    Expenses $2,976,463 · Grants $2,976,463

As filed on the 2024 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

    RESIGNED '24

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

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mont Rogers

    RESIGNED '24

    Total calculated
    $0
    Hours/week
    0
  • Paul Kaplan

    DIRECTOR

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

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tricia Coyle

    ASST. SECRETARY

    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
2024
Filed
22 June 2026
IRS schema version
2024v5.5
Source object
202601749349301660

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