Public Charity

ROMANIAN-AMERICAN FOUNDATION

ROMANIAN-AMERICAN FOUNDATION is a private foundation categorized as Public Charity based in MONTCLAIR, NJ. Its most recent IRS filing (2024) reports revenue of $170.8M, expenses of $7.8M, total assets of $175.1M. Imperigo tracks 1 reported grants from this foundation totaling approximately $380K.

EIN: 932369284 MONTCLAIR, NJ Latest filing: 2024
Total Revenue$170.8M
Total Expenses$7.8M
Total Assets$175.1M
Grants Given1
Grant Total$380K
Filing Years2023–2024

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.

Where $100 goes at Romanian-American Foundation

How Romanian-American Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.

$83 Programs the work itself
$17 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $83 for programs

$83
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…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Adrian Ionescu
TRUSTEE Andreea Rosca
CORPORATE SECRETARY Arthur Hickok
TREASURER & CFO Bogdan Giurginca
CHAIRMAN Bogdan Vernescu
TRUSTEE Christopher Worman

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$380,300 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $170.8M $7.8M $175.1M
2023 $2.3M $11K $2.3M

Between 2023 and 2024, reported annual revenue grew from $2.3M to $170.8M (+7265%), with total assets most recently reported at $175.1M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in ME.

ME

Full geographic grant map with state-by-state breakdown available with membership.

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