Form 990 for tax year 2023
Filed by AMERICAN-SCANDINAVIAN FOUNDATION.
Totals
- Total revenue
- $5,827,744
- Total expenses
- $5,631,011
- Contributions and grants received
- $3,286,488
- Grants paid
- $1,390,066
- Program service revenue
- $320,666
- Investment income
- $1,553,407
- Other revenue
- $667,183
- Total assets, end of year
- $52,870,458
- Total liabilities, end of year
- $1,541,060
- Net assets or fund balances, end of year
- $51,329,398
- Program services expenses (Part IX)
- $4,677,969
- Management and general expenses
- $721,971
- Fundraising expenses
- $231,071
- Program service expenses (Part III)
- $4,677,969
Program services were 83.1% 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
$125,454
-
1c · Fundraising events
$286,000
-
1e · Government grants (contributions)
$90,515
-
1f · All other contributions, gifts and grants
$2,784,519
-
2a · Program service revenue: EXCHANGE PROGRAM FEES
total $72,950 · related or exempt $72,950
-
2b · Program service revenue: PROGRAM FEES
total $247,716 · related or exempt $247,716
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $995,852 · excluded $995,852
-
6a · Gross rents
real property $662,425
-
6b · Less rental expenses
real property $126,386
-
6c · Rental income or loss
real property $536,039 · personal property $0
-
6d · Net rental income or loss
total $536,039 · excluded $536,039
-
7a · Gross sales of assets other than inventory
securities $2,872,847
-
7b · Less cost or other basis and sales expenses
securities $2,315,292
-
7c · Gain or loss
securities $557,555 · other assets $0
-
7d · Net gain or loss
total $557,555 · excluded $557,555
-
8a · Fundraising events: gross income
$55,000
-
8a · Fundraising events: contributions included on line 1c
$286,000
-
8b · Fundraising events: direct expenses
$118,596
-
8c · Net income from fundraising events
total -$63,596 · excluded -$63,596
-
10a · Gross sales of inventory
$376,551
-
10b · Cost of goods sold
$182,184
-
10c · Net income from sales of inventory
total $194,367 · excluded $194,367
-
11a · Other revenue: ADVERTISING
total $373 · unrelated business $373
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$373
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $514,385 · program services $514,385
-
2 · Grants to domestic individuals
total $875,681 · program services $875,681
-
5 · Compensation of officers, directors and key employees
total $350,913 · program services $279,157 · management and general $55,783 · fundraising $15,973
-
7 · Other salaries and wages
total $1,413,051 · program services $1,112,120 · management and general $218,855 · fundraising $82,076
-
8 · Pension plan contributions
total $44,819 · program services $36,359 · management and general $3,371 · fundraising $5,089
-
9 · Other employee benefits
total $288,733 · program services $233,940 · management and general $24,925 · fundraising $29,868
-
10 · Payroll taxes
total $137,207 · program services $110,942 · management and general $12,754 · fundraising $13,511
-
11c · Fees: accounting
total $59,148 · management and general $59,148
-
11f · Fees: investment management
total $92,225 · management and general $92,225
-
11g · Fees: other
total $292,202 · program services $289,578 · management and general $1,555 · fundraising $1,069
-
12 · Advertising and promotion
total $3,081 · program services $3,081
-
13 · Office expenses
total $223,216 · program services $181,818 · management and general $23,389 · fundraising $18,009
-
14 · Information technology
total $63,295 · program services $41,137 · management and general $20,069 · fundraising $2,089
-
16 · Occupancy
total $502,985 · program services $380,257 · management and general $94,406 · fundraising $28,322
-
17 · Travel
total $132,153 · program services $122,852 · management and general $2,691 · fundraising $6,610
-
19 · Conferences, conventions and meetings
total $36,490 · program services $24,577 · management and general $9,848 · fundraising $2,065
-
22 · Depreciation, depletion and amortization
total $586,442 · program services $472,085 · management and general $87,967 · fundraising $26,390
-
23 · Insurance
total $14,985 · management and general $14,985
-
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 $123,001 · end of year $628,176
-
2 · Savings and temporary cash investments
beginning of year $936,741 · end of year $9,044
-
3 · Pledges and grants receivable
beginning of year $23,322
-
4 · Accounts receivable
beginning of year $337,299 · end of year $446,716
-
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
-
8 · Inventories for sale or use
beginning of year $43,063 · end of year $44,738
-
9 · Prepaid expenses and deferred charges
beginning of year $466,239 · end of year $691,862
-
10a · Land, buildings and equipment: cost or other basis
$26,474,897
-
10b · Land, buildings and equipment: accumulated depreciation
$13,080,678
-
10c · Land, buildings and equipment, net
beginning of year $12,742,138 · end of year $13,394,219
-
11 · Investments: publicly traded securities
beginning of year $30,022,576 · end of year $32,407,250
-
12 · Investments: other securities
beginning of year $5,268,144 · end of year $5,248,453
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $290,711 · end of year $635,519
-
18 · Grants payable
beginning of year $783,156 · end of year $900,666
-
19 · Deferred revenue
beginning of year $127,321 · end of year $4,875
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $18,899,579 · end of year $18,942,891
-
28 · Net assets with donor restrictions
beginning of year $29,861,756 · end of year $32,386,507
Mission and programs · 2023
Mission
SEE SCHEDULE O.
Activities or mission (Part I)
TO BUILD INTERNATIONAL UNDERSTANDING WITH EXTENSIVE PROGRAMS OF FELLOWSHIPS, GRANTS, INTERN/TRAINEE SPONSORSHIP, PUBLISHING, EDUCATIONAL AND MEMBERSHIP OFFERINGS.
-
PUBLIC PROGRAMS - SCANDINAVIA HOUSE CONTINUES TO BE A VITAL CENTER FOR CULTURAL PROGRAMS AND EXCHANGE BETWEEN THE U.S. AND THE FIVE NORDIC COUNTRIES. MORE THAN 100 EDUCATIONAL AND CULTURAL PROGRAMS WERE PRESENTED DURING THE YEAR. PUBLIC PROGRAMS INCLUDED WEEKLY SCREENINGS OF SCANDINAVIAN FILMS, MUSICAL PERFORMANCES, LECTURES, PRESENTATIONS, LANGUAGE CLASSES, EXHIBITIONS AND CHILDREN'S PROGRAM.
Expenses $2,740,736 · Revenue $247,716
-
TRAINING AND FELLOWSHIP - FELLOWSHIPS AND GRANTS FROM THE AMERICAN SCANDINAVIAN FOUNDATION WERE AWARDED ON A COMPETITIVE BASIS TO AMERICANS FOR STUDY OR RESEARCH IN DENMARK, FINLAND, ICELAND, NORWAY, AND SWEDEN AND TO SCANDINAVIANS IN THE U.S. AND RECOMMENDED BY ASF'S COOPERATING ORGANIZATIONS IN EACH OF THE NORDIC COUNTRIES THE RECIPIENTS REPRESENTED A VERY BROAD RANGE OF FIELDS AND UNIVERSITIES AND WERE AT THE GRADUATE, POST-GRADUATE, OR PROFESSIONAL LEVEL. IN ADDITION, THE ASF MADE PUBLIC PROJECT GRANT TO EDUCATIONAL AND CULTURAL INSTITUTIONS TO BRING SCANDINAVIAN CULTURE AND IDEAS TO VENUES THROUGHOUT THE U.S. OVER THE YEAR, THESE GRANTS SUPPORTED NORDIC PROJECTS IN VARIOUS STATES. THE TRAINING AND INTERNSHIP PROGRAM HELPS YOUNG SCANDINAVIANS AND AMERICANS RECEIVE PRACTICAL WORK EXPERIENCE ACROSS THE ATLANTIC.
Expenses $1,724,105 · Grants $1,390,066 · Revenue $72,950
-
PUBLICATIONS - THE AMERICAN-SCANDINAVIAN FOUNDATION PUBLISHES VARIOUS CULTURAL AND EDUCATIONAL MATERIALS BOTH ONLINE AND IN PRINT.
Expenses $93,139
-
Membership.
Expenses $119,989
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Aili FlintAILI FLINT
VICE CHAIRMAN FOR FINLAND
- Total calculated
- $0
- Hours/week
- 1
-
Anders IversenANDERS IVERSEN
DEPUTY CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Bente Svensen FrantzBENTE SVENSEN FRANTZ
VICE CHAIRMAN FOR NORWAY
- Total calculated
- $0
- Hours/week
- 1
-
Edward P GallagherEDWARD P GALLAGHER
PRESIDENT
- Total calculated
- $308,261
- From this org
- $277,442
- From related orgs
- $0
- Other
- $30,819
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $277,442
- Bonus
- $0
- Other
- $0
- Deferred
- $12,622
- Nontaxable benefits
- $18,197
- Filer's total
- $308,261
-
Henrik SteffensenHENRIK STEFFENSEN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Monika HeimboldMONIKA HEIMBOLD
VICE CHAIRMAN FOR SWEDEN
- Total calculated
- $0
- Hours/week
- 1
-
Sigridur BenediktsdottirSIGRIDUR BENEDIKTSDOTTIR
VICE CHAIRMAN FOR ICELAND
- Total calculated
- $0
- Hours/week
- 1
-
Steven B PeriSTEVEN B PERI
VICE CHAIRMAN FOR THE U.S.
- Total calculated
- $0
- Hours/week
- 1
-
Terje LandeTERJE LANDE
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Agnes Ahlander TurnerAGNES AHLANDER TURNER
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anders BragANDERS BRAG
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Arther ZeckendorfARTHER ZECKENDORF
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Barbro OsherBARBRO OSHER
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bard E BunaesBARD E BUNAES
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bettina Schriver GochmanBETTINA SCHRIVER GOCHMAN
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bjorg BergsveinsdottirBJORG BERGSVEINSDOTTIR
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bjorn BjerkeBJORN BJERKE
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Carol DominaCAROL DOMINA
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Charles K BarboCHARLES K BARBO
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Charlie KunzerCHARLIE KUNZER
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher KannCHRISTOPHER KANN
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher KellyCHRISTOPHER KELLY
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Daphne DavidsonDAPHNE DAVIDSON
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David Er DangoorDAVID ER DANGOOR
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Edward E ElsonEDWARD E ELSON
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ellen PortELLEN PORT
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Emma AerEMMA AER
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Erkko EtulaERKKO ETULA
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Eugene V KokotEUGENE V KOKOT
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Henrik RoosHENRIK ROOS
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Inger TallaksenINGER TALLAKSEN
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James M StewartJAMES M STEWART
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jarno VantoJARNO VANTO
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Karini Gustafson-TeixeiraKARINI GUSTAFSON-TEIXEIRA
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kristina KittilsenKRISTINA KITTILSEN
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kristjan T RagnarssonKRISTJAN T RAGNARSSON
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lena Biorck KaplanLENA BIORCK KAPLAN
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lennard K RambuschLENNARD K RAMBUSCH
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Linda NordbergLINDA NORDBERG
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lise Stolt-NielsenLISE STOLT-NIELSEN
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Liv UllmannLIV ULLMANN
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lizanne KindlerLIZANNE KINDLER
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lyndon L Olson JrLYNDON L OLSON JR
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marcus SiezingMARCUS SIEZING
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Maria EdererMARIA EDERER
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael A FeirsteinMICHAEL A FEIRSTEIN
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Morten DegnemarkMORTEN DEGNEMARK
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ragner Meyer-KnutsenRAGNER MEYER-KNUTSEN
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rutger Von PostRUTGER VON POST
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sebastian AlsheimerSEBASTIAN ALSHEIMER
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sebastian NordgrenSEBASTIAN NORDGREN
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Siggi HilmarssonSIGGI HILMARSSON
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sven Anders EkernasSVEN ANDERS EKERNAS
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thor Thors JrTHOR THORS JR
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Trond S JensenTROND S JENSEN
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Victor B BorgeVICTOR B BORGE
EXECUTIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lynn CarterLYNN CARTER
SECRETARY
- Total calculated
- $30,312
- From this org
- $25,812
- From related orgs
- $0
- Other
- $4,500
- Hours/week
- 16
-
Sally YerkovichSALLY YERKOVICH
DIRECTOR OF EDUCATIONAL EXCHAN
- Total calculated
- $144,211
- From this org
- $120,870
- From related orgs
- $0
- Other
- $23,341
- Hours/week
- 35
-
Stephen P McGrathSTEPHEN P MCGRATH
DIRECTOR OF FINANCE & ADMIN
- Total calculated
- $135,403
- From this org
- $127,853
- From related orgs
- $0
- Other
- $7,550
- Hours/week
- 35
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
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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
-
United Nations International School
$274,635
Scholarships
-
$39,225
Public Project
-
$30,000
Public Project
-
$27,400
Public Project
-
$25,000
Visiting Lectureship
-
$24,050
Public Project
-
$20,000
Opera Award
-
$14,000
Public Project
-
$14,000
Public Project
-
Public Project
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521359349315297
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.