Nus America Foundation Inc
- Assets
- $2.1m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2005
- Data as of
- 03/2022
- EIN
- 20-2368621
Organization Overview
Nus America Foundation Inc is located in New York, NY. The organization was established in 2005. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nus America Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Nus America Foundation Inc generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $5.4m during the year ending 03/2022. While expenses have increased by 25.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S MISSION IS TO SUPPORT THE NATIONAL UNIVERSITY OF SINGAPORE'S (NUS) MISSION OF GLOBAL EDUCATION, RESEARCH AND SERVICE BY FACILITATING CHARITABLE GIVING AND FOSTERING SUPPORT FROM US-BASED ALUMNI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NUS YONG LOO LIN SCHOOL OF MEDICINE: - SUPPORT FOR TWO RESEARCH PROJECTS - 1)10 YEAR FOLLOW UP MENTAL RESILIENCE STUDY & 2) THE SUPRA GLAUCOMA RESEARCH STUDY - SUPPORT FOR THE NUS MEDICINE INTERNATIONAL COUNCIL THAT ADDRESSES WORLD CHALLENGES AND IDENTIFIES OPPORTUNITIES AND INNOVATIONS ACROSS MULTI- DISCIPLINARY AREAS - NIC GIFT FUND - ESTABLISH NUS BIA ECHO ASIA CENTER FOR REPRODUCTIVE LONGEVITY & EQUALITY - TO SUPPORT STUDENT BURSARY
NUS FACULTY OF LAW: - JONES DAY CALS VISITING PROFESSORSHIP ON THE RULE OF LAW IN ASIA - THE JONES DAY VISITING PROFESSORSHIP ON COMPARATIVE COMMERCIAL LAW
YALE-NUS: NUS COLLEGE ENDOWMENT
DVO-AG: ANNUAL GIVING SCHOLARSHIP SCHOOL OF COMPUTING: RESEARCH SUPPORT FOR PROF. REZA SHOKRI UNIVERSITY SCHOLARS PROGRAMME: USP GENERAL PURPOSE FUND NUS DEVELOPMENT FUND: NUS ENDOWMENT FUND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
See E'jin Director / P | OfficerTrustee | 2 | $0 |
Ho Chee Wah Secretary/tr | Officer | 1 | $0 |
Joseph Philip Mullinix Director | Trustee | 0.5 | $0 |
Sok Koon Lee Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,318,590 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,318,590 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,336,590 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $5,340,600 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $13,211 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,500 |
| All other expenses | $0 |
| Total functional expenses | $5,360,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,979 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,000,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,070,979 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $70,979 |
| Net assets with donor restrictions | $2,000,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,070,979 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Nus America Foundation Inc has recieved totaling $4,061,744.
| Awarding Organization | Amount |
|---|---|
Bia Echo Foundation Reno, NV PURPOSE: REPRODUCTIVE LONGEVITY AND EQUAL | $2,000,000 |
Jones Day Foundation Cleveland, OH PURPOSE: SEE PART IV | $2,000,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $24,744 |
Pharmaceutical Research And Manufacturers Of America Washington, DC PURPOSE: General Contribution | $21,000 |
Biotechnology Innovation Organization Washington, DC PURPOSE: DONATION | $16,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Say Yes Buffalo Scholarship Inc Buffalo, NY | $26,879,466 | $14,014,941 |
The Heckscher Foundation For Children New York, NY | $236,760,119 | $11,760,357 |
United Federation Of Teachers Educational Foundation Inc New York, NY | $18,651,586 | $11,866,585 |
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Caroline & Joseph S Gruss Life Monument Funds Inc New York, NY | $48,124,527 | $2,679,769 |
Storehouse For Teachers Pittsburgh, PA | $4,365,823 | $11,202,988 |
Five Colleges Incorporated Amherst, MA | $34,378,872 | $10,361,692 |
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |
Poughkeepsie Public School Teachers Asso Trust Fund Poughkeepsie, NY | $14,239,734 | $11,580,276 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Meged Shomayim Airmont, NY | $573,750 | $8,461,954 |
Nli Usa Inc New York, NY | $11,341,396 | $10,639,057 |