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ROMANIAN-AMERICAN FOUNDATION

EIN 93-2369284 MONTCLAIR, NJ

Revenue 2024
$170,796,519
Expenses 2024
$7,779,441

Program services were 82.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
04
Street
227 INWOOD AVENUE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO STRENGTHEN AND PROMOTE CONDITIONS FOR A SUSTAINABLE MARKET ECONOMY AND A DEMOCRATIC SOCIETY THAT PROVIDES ACCESS TO OPPORTUNITY FOR ALL SEGMENTS OF THE ROMANIAN SOCIETY.

  • IN ORDER TO ASSIST IN BUILDING AND MAINTAINING A MARKET ECONOMY AND DEMOCRATIC SOCIETY IN ROMANIA, THE FOUNDATION CONTRIBUTES TO DEVELOPING ENTREPRENEURSHIP, IMPROVING EDUCATION, PROMOTING THE SPIRIT OF PHILANTHROPY IN ROMANIA AND FOSTERING INNOVATION.

    Expenses $6,448,295 · Grants $5,521,185

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • BOGDAN VERNESCU

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • MAGDALENA MANEA

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • PAIGE ALEXANDER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DINU-MIHAIL BUMBACEA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KRISTINA PERKIN DAVISON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • GARY HATTEM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JAMES J JACKSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOYCE S KLINE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CRISTIAN NACU

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ANDREEA ROSCA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • WALTER VEIRS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KRYSTYNA WOLNIAKOWSKI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CHRISTOPHER WORMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ADRIAN IONESCU

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ROXANA VITAN

    PRESIDENT

    Total calculated
    $104,756
    From this org
    $0
    From related orgs
    $0
    Other
    $104,756
    Hours/week
    40
  • SUZANA DOBRE

    VP, STRATEGY & PROGRAMS

    Total calculated
    $13,968
    From this org
    $0
    From related orgs
    $0
    Other
    $13,968
    Hours/week
    40
  • BOGDAN GIURGINCA

    TREASURER & CFO

    Total calculated
    $71,457
    From this org
    $0
    From related orgs
    $0
    Other
    $71,457
    Hours/week
    40
  • EMILY GRAND

    ASSISTANT CORPORATE SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • ARTHUR HICKOK

    CORPORATE SECRETARY

    Total calculated
    $0
    Hours/week
    2

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $170,796,519
    Expenses
    $7,779,441
    Contributions
    $159,016,692
    Grants paid
    $5,521,185
  • 2023
    Revenue
    $2,318,999
    Expenses
    $10,541
    Contributions
    $2,318,999
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

  • FUNDATIA ROMANO-AMERICANA

    DEVELOPING ENTREPRENEURSHIP, EDUCATION, PHILANTHROPY, INNOVATION · RO · controlled entity

  • ROMANIAN-AMERICAN FOUNDATION

    501(C)(4) · DEVELOPING ENTREPRENEURSHIP, EDUCATION, PHILANTHROPY, INNOVATION · DE

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.