THE AMERICAN-SCANDINAVIAN FOUNDATION Charity Report

Public IRS 990 nonprofit record

THE AMERICAN-SCANDINAVIAN FOUNDATION

EIN 13-1623897 · International, Foreign Affairs & National Security (Q200)

What they do

THE AMERICAN-SCANDINAVIAN FOUNDATION is A PUBLICLY-SUPPORTED NOT-FOR-PROFIT ORGANIZATION COMMITTED to PROMOTING EDUCATIONAL, CULTURAL and PROFESSIONAL EXCHANGE BETWEEN THE UNITED STATES and THE NORDIC COUNTRIES (DENMARK, FINLAND, ICELAND, NORWAY and SWEDEN). ASF OFFERS FELLOWSHIPS, CULTURAL GRANTS, TRAINING/INTERNSHIPS, PUBLICATIONS, EXHIBITIONS and OTHER PUBLIC PROGRAMS REINFORCING THE STRONG RELATIONSHIPS BETWEEN THE TWO REGIONS, and HONORING THEIR SHARED VALUES AS WELL AS APPRECIATING THEIR DIFFERENCES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders65 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

95.95%of revenue went to mission work83.5% of expenses · Program services

4.25%of revenue went to fundraising3.7% of expenses

$114.93spent for every $100 of revenueSpending was higher than revenue this year.

14.72%of revenue went to management and office costs12.8% of expenses

$7.92in assets for every $1 spent this yearSome assets cannot be spent right away.

59.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $901,677 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $320,807 for EDWARD P GALLAGHER (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,039,745

Mission workProgram services$5,795,33795.95% of revenue83.5% of expenses

ManagementOffice and general costs$889,15314.72% of revenue12.8% of expenses

FundraisingAsking for donations$256,9324.25% of revenue3.7% of expenses

Total expenses$6,941,422114.93% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.5% mission · 12.8% management · 3.7% fundraisingTotal expenses: 114.93% of revenue

2023Expense mix: 83.1% mission · 12.8% management · 4.1% fundraisingTotal expenses: 96.62% of revenue

2022Expense mix: 79.1% mission · 14.7% management · 6.2% fundraisingTotal expenses: 110.36% of revenue

2021Expense mix: 81.6% mission · 14.0% management · 4.4% fundraisingTotal expenses: 67.40% of revenue

2020Expense mix: 78.2% mission · 17.4% management · 4.4% fundraisingTotal expenses: 106.08% of revenue

2019Expense mix: 77.5% mission · 17.4% management · 5.1% fundraisingTotal expenses: 86.97% of revenue

2018Expense mix: 77.2% mission · 18.3% management · 4.6% fundraisingTotal expenses: 96.92% of revenue

2017Expense mix: 75.5% mission · 19.1% management · 5.4% fundraisingTotal expenses: 121.53% of revenue

Money in and money out

Revenue$6,039,745

Expenses$6,941,422

Annual shortfall $901,677 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,795,337 · 83.5% of expenses

Management and office costs$889,153 · 12.8% of expenses

Fundraising$256,932 · 3.7% of expenses

See all reported dollar amounts

Revenue$6,039,745

Expenses$6,941,422

Assets$54,991,768

Income$9,064,056

Contributions$3,570,810

Mission work (program services)$5,795,337

Fundraising$256,932

Grants given$1,906,497

Average grant$30,262

Management and general$889,153

Stocks and bonds$34,877,515

Accounting fees$79,803

Investing fees$95,682

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

EDWARD P GALLAGHERPRESIDENT · 35 hrs/week $320,807Base $273,192 · Other $47,615

SALLY YERKOVICHDIRECTOR OF EDUCATIONAL EXCHAN · 35 hrs/week $140,370Base $133,370 · Other $7,000

STEPHEN P MCGRATHDIRECTOR OF FINANCE & ADMIN · 35 hrs/week $129,180Base $123,430 · Other $5,750

LYNN CARTERSECRETARY · 16 hrs/week $25,812

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (65)

EDWARD P GALLAGHERPRESIDENT

SALLY YERKOVICHDIRECTOR OF EDUCATIONAL EXCHAN

STEPHEN P MCGRATHDIRECTOR OF FINANCE & ADMIN

LYNN CARTERSECRETARY

PATRICIA G BERMANEXECUTIVE TRUSTEE

RUTGER VON POSTEXECUTIVE TRUSTEE

MORTEN DEGNEMARKEXECUTIVE TRUSTEE

MONIKA HEIMBOLDVICE CHAIRMAN FOR SWEDEN

MICHAEL J FENLONEXECUTIVE TRUSTEE

MICHAEL A FEIRSTEINEXECUTIVE TRUSTEE

MARIA EDEREREXECUTIVE TRUSTEE

MARCUS SIEZINGEXECUTIVE TRUSTEE

LYNDON L OLSON JREXECUTIVE TRUSTEE

LIZANNE KINDLEREXECUTIVE TRUSTEE

LIV ULLMANNEXECUTIVE TRUSTEE

LISE STOLT-NIELSENEXECUTIVE TRUSTEE

LINDA NORDBERGEXECUTIVE TRUSTEE

LENNARD K RAMBUSCHEXECUTIVE TRUSTEE

RAGNER MEYER-KNUTSENEXECUTIVE TRUSTEE

KRISTJAN T RAGNARSSONEXECUTIVE TRUSTEE

SEBASTIAN ALSHEIMEREXECUTIVE TRUSTEE

SEBASTIAN NORDGRENEXECUTIVE TRUSTEE

SIGGI HILMARSSONEXECUTIVE TRUSTEE

SIGRIDUR BENEDIKTSDOTTIRVICE CHAIRMAN FOR ICELAND

SIRI WILLOCH TRAASDAHLEXECUTIVE TRUSTEE

STEVEN B PERIVICE CHAIRMAN FOR THE U.S.

SVEN ANDERS EKERNASEXECUTIVE TRUSTEE

TERJE LANDECHAIRMAN OF THE BOARD

THOR THORS JREXECUTIVE TRUSTEE

THORSTEN WAGNEREXECUTIVE TRUSTEE

TROND S JENSENEXECUTIVE TRUSTEE

VICTOR B BORGEEXECUTIVE TRUSTEE

VICTOR JACOB STOLT-NIELSEN HOLTENEXECUTIVE TRUSTEE

DAPHNE DAVIDSONEXECUTIVE TRUSTEE

ANDERS BRAGEXECUTIVE TRUSTEE

ANDERS IVERSENDEPUTY CHAIRMAN

ANNIE JENSEN CHAPUREXECUTIVE TRUSTEE

ARTHER ZECKENDORFEXECUTIVE TRUSTEE

BARBRO OSHEREXECUTIVE TRUSTEE

BARD E BUNAESEXECUTIVE TRUSTEE

BENTE SVENSEN FRANTZVICE CHAIRMAN FOR NORWAY

BETTINA SCHRIVER GOCHMANEXECUTIVE TRUSTEE

BJORG BERGSVEINSDOTTIREXECUTIVE TRUSTEE

BJORN BJERKEEXECUTIVE TRUSTEE

CAROL DOMINAEXECUTIVE TRUSTEE

CATHARINA WREDE BRADENEXECUTIVE TRUSTEE

CHARLIE KUNZEREXECUTIVE TRUSTEE

CHRISTOPHER KANNEXECUTIVE TRUSTEE

CHRISTOPHER KELLYEXECUTIVE TRUSTEE

LENA BIORCK KAPLANEXECUTIVE TRUSTEE

DAVID ER DANGOOREXECUTIVE TRUSTEE

EDWARD E ELSONEXECUTIVE TRUSTEE

ELLEN PORTEXECUTIVE TRUSTEE

EMMA AEREXECUTIVE TRUSTEE

ERKKO ETULAEXECUTIVE TRUSTEE

EUGENE V KOKOTEXECUTIVE TRUSTEE

GONZALVE BICHEXECUTIVE TRUSTEE

HENRIK ROOSEXECUTIVE TRUSTEE

HENRIK STEFFENSENTREASURER

INGER TALLAKSENEXECUTIVE TRUSTEE

JAMES M STEWARTEXECUTIVE TRUSTEE

JARNO VANTOEXECUTIVE TRUSTEE

KARINI GUSTAFSON-TEIXEIRAEXECUTIVE TRUSTEE

KRISTINA KITTILSENEXECUTIVE TRUSTEE

AGNES AHLANDER TURNEREXECUTIVE TRUSTEE

About this charity

Recognized since: January 1920
Location: 58 PARK AVENUE, NEW YORK, NY 10016
County: New York
In care of: EDWARD P GALLAGHER
Primary officer: EDWARD P GALLAGHER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailinfo@amscan.org Phone(212) 779-3587

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: International, Foreign Affairs & National Security (Q200)
Grant-giving organization: Yes