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NATIONAL FOREIGN TRADE COUNCIL INC

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Public IRS 990 nonprofit record

NATIONAL FOREIGN TRADE COUNCIL INC

EIN 13-5266965 · Professional Athletic Leagues (N80)

What they do

FOUNDED IN 1914, THE NATIONAL FOREIGN TRADE COUNCIL (COUNCIL) is THE PRE- EMINENT BUSINESS ASSOCIATION DEDICATED SOLELY to INTERNATIONAL TRADE, INVESTMENT and ECONOMIC POLICY ISSUES. ITS MISSION is to ADVANCE GLOBAL COMMERCE BY ADVOCATING PUBLIC POLICIES THAT FOSTER AN OPEN INTERNATIONAL TRADE and INVESTMENT REGIME; MOBILIZING EXPERTISE and INFORMATION ON KEY ISSUES, SUCH AS INTERNATIONAL TRADE and INVESTMENT, THE WORLD TRADING SYSTEM, TARIFFS and TRADE AGREEMENTS, INTERNATIONAL TAXATION, SUPPLY CHAINS, and NATIONAL SECURITY and COMPETITIVENESS; and INFLUENCING PUBLIC DEBATE THROUGH INTERACTION WITH POLICY MAKERS and OPINION LEADERS and BY CONVENING GOVERNMENT and PRIVATE SECTOR DISCUSSIONS of IMPORTANT ISSUES. to ACHIEVE ITS OBJECTIVES, THE COUNCIL HARNESSES THE EXPERTISE of ITS DEDICATED PROFESSIONAL STAFF, A ROBUST COMMITTEE STRUCTURE, and AN ENGAGED BOARD of DIRECTORS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $0.00 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 leaders83 people are listed in the latest report.

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

Money made simple

$102.11spent for every $100 of revenueSpending was higher than revenue this year.
22.73%of revenue went to management and office costs22.3% of expenses
$0.95in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $87,677 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $337,955 for JAKE COLVIN (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.

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$4,148,745
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$943,19022.73% of revenue22.3% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$4,236,422102.11% 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: 0.0% mission · 22.3% management · 0.0% fundraisingTotal expenses: 102.11% of revenue
2023Expense mix: 0.0% mission · 21.2% management · 0.0% fundraisingTotal expenses: 95.05% of revenue
2022Expense mix: 0.0% mission · 22.7% management · 0.0% fundraisingTotal expenses: 74.75% of revenue
2021Expense mix: 0.0% mission · 22.3% management · 0.0% fundraisingTotal expenses: 70.95% of revenue
2019Expense mix: 0.0% mission · 20.3% management · 0.0% fundraisingTotal expenses: 116.59% of revenue
2015Expense mix: 0.0% mission · 19.7% management · 0.0% fundraisingTotal expenses: 107.50% of revenue

Money in and money out

Revenue$4,148,745
Expenses$4,236,422
Annual shortfall $87,677 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.

Management and office costs$943,190 · 22.3% of expenses
See all reported dollar amounts
Revenue$4,148,745
Expenses$4,236,422
Assets$4,037,427
Income$4,148,745
Management and general$943,190
Accounting fees$124,528
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
JAKE COLVINPRESIDENT · 36 hrs/week $337,955Base $316,385 · Other $21,570
ANNE GORDONVP, INTL TA · 36 hrs/week $302,269Base $276,090 · Other $26,179
TIFFANY SMITHVP, GLOBAL T · 40 hrs/week $281,772Base $251,520 · Other $30,252
JEANNETTE CHUVP, NATIONAL · 40 hrs/week $264,302Base $247,394 · Other $16,908
JOHN PICKELSR DIRECTOR · 40 hrs/week $242,665Base $227,090 · Other $15,575
VERONICA BERKSHIRESR DIRECTOR · 32 hrs/week $188,086Base $154,581 · Other $33,505
MARSHALL LANESECRETARY/TR · 32 hrs/week $176,213Base $150,076 · Other $26,137
HUA WANGEXEC DIR, GI $154,192Base $136,090 · Other $18,102
BRAD WOODSR DIR, TRAD · 36 hrs/week $117,534Base $100,261 · Other $17,273

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 (83)

JAKE COLVINPRESIDENT

ANNE GORDONVP, INTL TA

TIFFANY SMITHVP, GLOBAL T

JEANNETTE CHUVP, NATIONAL

JOHN PICKELSR DIRECTOR

VERONICA BERKSHIRESR DIRECTOR

MARSHALL LANESECRETARY/TR

HUA WANGEXEC DIR, GI

BRAD WOODSR DIR, TRAD

ORGANONDIRECTOR

PROCTER & GAMBLE CODIRECTOR

PERNOD RICARD USADIRECTOR

PFIZER INCDIRECTOR

PHILLIPS NORTH AMERICAN LLCDIRECTOR

PITNEY BOWESDIRECTOR

PRICEWATERHOUSE COOPERS LLPDIRECTOR

SAMSUNG ELECTRONICSDIRECTOR

ORACLE CORPDIRECTOR

MONDELEZ INTERNATIONAL INCDIRECTOR

MILLER & CHEVALIER CHARTEREDDIRECTOR

MICROSOFT INCDIRECTOR

METADIRECTOR

MCCORMICK COMPANY INCDIRECTOR

MASTERCARD INTERNATIONALDIRECTOR

MARS INCDIRECTOR

SYNOPSISDIRECTOR

YUM BRADS INCDIRECTOR

WAL-MART STORES INCDIRECTOR

VISA INCDIRECTOR

UPSDIRECTOR

TOYOTADIRECTOR

TOTAL ENGINESDIRECTOR

TOKYO ELECTRON US HOLDINGSDIRECTOR

TEXAS INSTRUMENTSDIRECTOR

TE CONNECTIVITYDIRECTOR

QUALCOMM INCDIRECTOR

SUSAN SCHWABCHAIRMAN

STEPTOE JOHNSON LLPDIRECTOR

STELLANTIS NVDIRECTOR

SIEMENS ENERGY INCDIRECTOR

SIEMENS CORPDIRECTOR

SHELL OILDIRECTOR

SCHNEIDER ELECTRICDIRECTOR

KOCH INDUSTRIESDIRECTOR

RTX CORPORATIONDIRECTOR

BECTON DICKINSON & CODIRECTOR

EBAYDIRECTOR

EATONDIRECTOR

DHL NORTH AMERICADIRECTOR

CORNING INCDIRECTOR

COCA COLADIRECTOR

CISCO SYSTEMS INCDIRECTOR

CHEVRONDIRECTOR

CATERPILLAR INCDIRECTOR

BP AMERICA INCDIRECTOR

ERNST & YOUNG LLPDIRECTOR

ATLAS AIR WORLDWIDEDIRECTOR

APPLIED MATERIALDIRECTOR

APPLEDIRECTOR

ANHEUSER-BUSCHDIRECTOR

AMGENDIRECTOR

AMERICAN INTERNATIONAL GROUPDIRECTOR

AMAZONDIRECTOR

ACCENTUREDIRECTOR

GILEAD SCIENCES INCDIRECTOR

LAM RESEARCH CORPDIRECTOR

KPMG LLPDIRECTOR

ABBOTT LABSDIRECTOR

IBM CORPDIRECTOR

HP INCDIRECTOR

HEWLETT-PACKARD ENTERRPISE CODIRECTOR

HERSHEY COMPANYDIRECTOR

HALLIBURTON CODIRECTOR

GOOGLE INCDIRECTOR

LG ELECTRONICSDIRECTOR

GE VERNOVADIRECTOR

GE HEALTHCAREDIRECTOR

FORD MOTOR CODIRECTOR

FLUOR CORPDIRECTOR

FERRERO USADIRECTOR

FERRARADIRECTOR

FEDERAL EXPRESSDIRECTOR

EXXONMOBIL CORPDIRECTOR

About this charity

Recognized since
January 1942
Location
1225 NEW YORK AVE NW STE 650B, WASHINGTON, DC 20005-6410
County
District of Columbia
In care of
JAKE COLVIN
Primary officer
JAKE COLVIN, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
May 1, 2024
Return type
990
Tax preparer
GLENN JONES CPA
NTEE classification
Professional Athletic Leagues (N80)
IRS tax category
Professional Athletic Leagues

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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