AMERICA FOR BULGARIA FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- AMERICA FOR BULGARIA FOUNDATION (EIN 20-8076166)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-11
- IRS object ID
- 202523159349305562
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-11T15:22:40-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY ADVISORY GROUP LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3121 W MARCH LN STE 200 | AddressLine1Txt |
| City | STOCKTON | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 952192367 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208076166 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICA FOR BULGARIA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AMER | BusinessNameControlTxt |
| Phone | 8472640954 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14007 SOUTH BELL ROAD 172 | AddressLine1Txt |
| City | HOMER GLEN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 604918463 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BOJANA I KOURTEVA | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 8472640954 | PhoneNum |
| Signature | 2025-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMY L HENDLEY | PreparerPersonNm |
| PTIN | P01300654 | PTIN |
| Phone | 2099556100 | PhoneNum |
| Preparation | 2025-11-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NANCY L SCHILLER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14007 SOUTH BELL ROAD 172 | AddressLine1Txt |
| City | HOMER GLEN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 604918463 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $146,629,363 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.US4BG.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2019 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | THE AMERICA FOR BULGARIA FOUNDATION WORKS IN PARTNERSHIP WITH BULGARIANS TO SUPPORT THE COUNTRY'S PRIVATE SECTOR AND RELATED DEMOCRATIC INSTITUTIONS.THE AMERICA FOR BULGARIA FOUNDATION SEEKS TO ENHANCE THE LONGSTANDING LEGACY OF GOODWILL AND FRIENDSHIP BETWEEN THE AMERICAN AND BULGARIAN PEOPLE AND TO PROMOTE UNITED STATES-BULGARIA PEOPLE-TO-PEOPLE CONTACTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $30 | PYContributionsGrantsAmt |
| CY Contributions Grants | $130 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $20,758,807 | PYInvestmentIncomeAmt |
| CY Investment Income | $20,789,894 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$37,360 | PYOtherRevenueAmt |
| CY Other Revenue | $61,262 | CYOtherRevenueAmt |
| PY Total Revenue | $20,721,477 | PYTotalRevenueAmt |
| CY Total Revenue | $20,851,286 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $32,269,056 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $12,474,083 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,184,947 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,053,561 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,039,624 | PYOtherExpensesAmt |
| CY Other Expenses | $4,278,905 | CYOtherExpensesAmt |
| PY Total Expenses | $40,493,627 | PYTotalExpensesAmt |
| CY Total Expenses | $19,806,549 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$19,772,150 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,044,737 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $459,280,438 | TotalAssetsBOYAmt |
| Total Assets EOY | $501,001,329 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,942,843 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $24,806,978 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $430,337,595 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $476,194,351 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE AMERICA FOR BULGARIA FOUNDATION SEEKS TO ENHANCE THE LONGSTANDING LEGACY OF GOODWILL AND FRIENDSHIP BETWEEN THE AMERICAN AND BULGARIAN PEOPLE AND TO PROMOTE UNITED STATES-BULGARIA PEOPLE-TO-PEOPLE CONTACTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $15,223,516 | ExpenseAmt |
| Grant | $12,474,083 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | THE ABF APPROVED 107 NEW GRANTS DURING THE YEAR ENDED DECEMBER 31, 2024. THESE GRANTS WERE MADE TO ORGANIZATIONS IN BULGARIA AND IN USA WHOSE ACTIVITIES SUPPORT ABF'S MISSION. THE GRANTS WERE IN THE FOLLOWING MAIN AREAS OF INTEREST IN WHICH THE ABF OPERATES: BUSINESS, ENTREPRENEURSHIP AND TECHNOLOGY, BUSINESS ENABLING ENVIRONMENT, DEVELOPING AND RETAINING HUMAN CAPITAL, CULTURAL HERITAGE AND NATURE TOURISM. | Desc |
| Total Program Service Expenses | $15,223,516 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | BU | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOJANA KOURTEVA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8472640954 | PhoneNum |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 MALYOVICA STR | AddressLine1Txt |
| City | SOFIA | CityNm |
| Country | BU | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| NANCY L SCHILLER - CEO PRES | |||||||
| TREASURER, SECRETARY, DIRECTOR | 40.00 | Yes (X) | Yes (X) | $456,869 | $0 | $89,204 | |
| SUSAN GAIL BUYSKE - CHAIR OF | |||||||
| THE BOARD, SECRETARY, DIRECTOR | 10.00 | Yes (X) | Yes (X) | $35,000 | $0 | $0 | |
| JOHN SCOTT CARPENTER | |||||||
| DIRECTOR | 2.00 | Yes (X) | $30,000 | $0 | $0 | ||
| MILENA DRAGIJSKA-DENCHEVA | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MELANIE KIRKPATRICK | |||||||
| DIRECTOR | 5.00 | Yes (X) | $30,000 | $0 | $0 | ||
| LYUBOMIR B LOZANOV | |||||||
| DIRECTOR | 2.00 | Yes (X) | $30,000 | $0 | $0 | ||
| CHRISTINA LUCAS | |||||||
| DIRECTOR | 2.00 | Yes (X) | $30,000 | $0 | $0 | ||
| ANTHONY R MANNO JR | |||||||
| DIRECTOR | 5.00 | Yes (X) | $30,000 | $0 | $0 | ||
| HRISTO EMILOV MANOV | |||||||
| DIRECTOR (AS OF 07/24) | 2.00 | Yes (X) | $15,000 | $0 | $0 | ||
| CHRIS J MATLON | |||||||
| SECRETARY, DIRECTOR | 2.00 | Yes (X) | Yes (X) | $30,000 | $0 | $0 | |
| RODERICK W MOORE | |||||||
| DIRECTOR | 2.00 | Yes (X) | $30,000 | $0 | $0 | ||
| KENNETH D VANDER WEELE | |||||||
| DIRECTOR | 5.00 | Yes (X) | $30,000 | $0 | $0 | ||
| DIMITER S VOUTCHEV | |||||||
| DIRECTOR | 2.00 | Yes (X) | $30,000 | $0 | $0 | ||
| BOJANA I KOURTEVA | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $211,018 | $0 | $69,992 | ||
| DESISLAVA N TALIOKOVA | |||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $228,176 | $0 | $1,194 | ||
| SARAH M PERRINE - PROGRAM | |||||||
| DIRECTOR, ECONOMICALLY DISADVANTAGED | 40.00 | $180,810 | $0 | $34,346 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,396,873 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $194,736 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| INDEPENDENT FRANCHISE PARTNERS GLOBAL EQ | |||||
| 2801 CENTERVILLE ROAD | WILMINGTON | DE | 19808 | INVESTMENT MANAGEMENT FEE | $256,373 |
| WCM INVESTMENT MANAGEMENT LLC | |||||
| 281 BROOKS STREET | LAGUNA BEACH | CA | 92651 | INVESTMENT MANAGEMENT FEE | $243,595 |
| KIRKLAND & ELLIS LLP | |||||
| 300 N LASALLE STREET | CHICAGO | IL | 60654 | LEGAL SERVICES | $205,410 |
| NEPC LLC | |||||
| 255 STATE STREET | BOSTON | MA | 02109 | INVESTMENT MANAGEMENT FEE | $164,734 |
| AXIOM INTERNATIONAL INVESTORS LLC | |||||
| 33 BENEDICT PLACE | GREENWICH | CT | 06830 | INVESTMENT MANAGEMENT FEE | $137,226 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $130 | AllOtherContributionsAmt |
| Total Contributions | $130 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,479,316 | TotalRevenueColumnAmt |
| Exclusion | $9,479,316 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $137,088,655 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $125,778,077 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,310,578 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,310,578 | TotalRevenueColumnAmt |
| Exclusion | $11,310,578 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCHANGE RATE GAIN/(LOSS) | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $61,262 | TotalRevenueColumnAmt |
| Exclusion | $61,262 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $61,262 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,851,286 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $20,851,156 | ExclusionAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,474,083 | TotalAmt |
| Program Services | $12,474,083 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,376,453 | TotalAmt |
| Program Services | $550,581 | ProgramServicesAmt |
| Management And General | $825,872 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,374,412 | TotalAmt |
| Program Services | $1,156,386 | ProgramServicesAmt |
| Management And General | $218,026 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,157 | TotalAmt |
| Program Services | $22,095 | ProgramServicesAmt |
| Management And General | $5,062 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,996 | TotalAmt |
| Program Services | $62,166 | ProgramServicesAmt |
| Management And General | $42,830 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,543 | TotalAmt |
| Program Services | $119,380 | ProgramServicesAmt |
| Management And General | $51,163 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $389,141 | TotalAmt |
| Management And General | $389,141 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,836 | TotalAmt |
| Management And General | $43,836 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,364,755 | TotalAmt |
| Management And General | $1,364,755 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,292 | TotalAmt |
| Program Services | $88,171 | ProgramServicesAmt |
| Management And General | $81,121 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268,580 | TotalAmt |
| Management And General | $268,580 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,018 | TotalAmt |
| Management And General | $95,018 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,666 | TotalAmt |
| Management And General | $102,666 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,426 | TotalAmt |
| Management And General | $262,426 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $434,925 | TotalAmt |
| Program Services | $116,197 | ProgramServicesAmt |
| Management And General | $318,728 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,422 | TotalAmt |
| Program Services | $5,211 | ProgramServicesAmt |
| Management And General | $5,211 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $442,784 | TotalAmt |
| Management And General | $442,784 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,570 | TotalAmt |
| Program Services | $10,452 | ProgramServicesAmt |
| Management And General | $50,118 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PROGRAM RELATED EXPENSE | $598,170 | $598,170 | |
| STAFF DEVELOPMENT | $29,463 | $20,624 | $8,839 |
| BOOKS & SUBSCRIPTIONS | $4,827 | $4,827 | |
| MEMBERSHIP DUES | $2,030 | $2,030 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,806,549 | TotalAmt |
| Program Services | $15,223,516 | ProgramServicesAmt |
| Management And General | $4,583,033 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $935,836 | BOYAmt |
| EOY | $729,833 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,198,095 | BOYAmt |
| EOY | $28,715,483 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,736 | BOYAmt |
| EOY | $97,902 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,166,651 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,115,740 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,412,849 | BOYAmt |
| EOY | $8,050,911 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $331,320,125 | BOYAmt |
| EOY | $330,203,726 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,152,461 | BOYAmt |
| EOY | $132,960,160 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,336 | BOYAmt |
| EOY | $243,314 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $459,280,438 | BOYAmt |
| EOY | $501,001,329 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $216,364 | BOYAmt |
| EOY | $240,617 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,726,479 | BOYAmt |
| EOY | $24,566,361 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,942,843 | BOYAmt |
| EOY | $24,806,978 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $430,337,595 | BOYAmt |
| EOY | $476,194,351 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $430,337,595 | BOYAmt |
| EOY | $476,194,351 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $459,280,438 | BOYAmt |
| EOY | $501,001,329 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,044,737 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $43,490,908 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,321,111 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,455 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,462 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,919 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $130 | CurrentTaxYearAmt |
| Total | $41,996 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,455 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,462 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,919 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $130 | CurrentTaxYearAmt |
| Total | $41,996 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $41,996 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,029,485 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,874,763 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,497,656 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,646,653 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,479,316 | CurrentTaxYearAmt |
| Total | $47,527,873 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $47,569,869 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
| Facts And Circumstances Test | IN 2019, ABF BEGAN THE PROCESS OF TRANSITIONING FROM 501(C)(3) TO 501(C)(4) STATUS. ALTHOUGH ABF HAS ATTEMPTED TO FILE ITS FORM 990 ON MULTIPLE OCCASIONS CHECKING THE BOX THAT IT IS A 501(C)(4) ORGANIZATION AND HAS PROVIDED MAILED COPIES OF THE FORM 990 TO THE IRS, THE IRS E-FILING SYSTEM HAS NOT BEEN ABLE TO ACCEPT THE RETURNS. ACCORDINGLY, ABF HAS CHECKED THE BOX ON THIS RETURN THAT IT IS A 501(C)(3) ENTITY FOR PURPOSES OF PERMITTING THE FORM TO BE FILED WITH THE IRS, BUT NOTES THAT IT IS A 501(C)(4). | FactsAndCircumstancesTestTxt |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,329,051 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,592,665 | DepreciationAmt |
| Book Value | $7,736,386 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $708,607 | OtherCostOrOtherBasisAmt |
| Depreciation | $523,075 | DepreciationAmt |
| Book Value | $185,532 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $128,993 | OtherCostOrOtherBasisAmt |
| Book Value | $128,993 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,050,911 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE MUTUAL FUNDS | $132,268,009 | F |
| INVESTMENT IN SUBSIDIARY-BULGARIAN CORPORATION | $692,151 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $132,960,160 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $64,354,835 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $43,490,908 | NetUnrealizedGainsInvstAmt |
| Recoveries Prior Year Grants | $159,092 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $1,218,304 | OtherRevenueAmt |
| Revenue Not Reported | $44,868,304 | RevenueNotReportedAmt |
| Revenue Subtotal | $19,486,531 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,364,755 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $1,364,755 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $20,851,286 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $18,498,079 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $56,285 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $56,285 | ExpensesNotReportedAmt |
| Expenses Subtotal | $18,441,794 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,364,755 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $1,364,755 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $19,806,549 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE FOUNDATION IS EXEMPT FROM U.S. FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE U.S. INTERNAL REVENUE CODE. THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | UNREALIZED EXCHANGE RATE LOSS 1,218,304. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | NON-DEDUCTIBLE COMPANION TRAVEL EXPENSES 56,285. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE | 1 | 32 | GRANTMAKING | N/A | $12,474,083 |
| EUROPE | 0 | 0 | PROGRAM SERVICES | LEADERSHIP PROGRAMS AND CULTURAL HERITAGE SITES SUPPORT | $598,170 |
| EUROPE | 0 | 0 | PROGRAM SERVICES | ADMINISTRATIVE EXPENSES | $2,982,509 |
| EUROPE | 0 | 0 | INVESTMENTS | N/A | $4,783,204 |
| EUROPE | 0 | 0 | PROGRAM SERVICES | INVESTMENTS-EXPENSES | $230 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 32 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 32 | TotalEmployeeCnt |
| Subtotal Spent | $20,838,196 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $20,838,196 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (93 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|
| EUROPE | SUPPORT FOR A PROJECT THAT AIMS TO IMPROVE THE TEACHING OF COMMUNIST HISTORY AND INCREASE CIVIC EDUCATION | $1,195,310 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT TO A PROJECT FOR PROTECTING QUALITY JOURNALISM | $1,089,518 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT OF MATCHING FUNDS COVERING INDIVIDUAL DONATIONS TO THE AMERICAN UNIVERSITY IN 2024 | $1,000,000 | ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR EFFECTIVE JUDICIAL SYSTEM TO ENSURE A BUSINESS ENABLING ENVIRONMENT | $759,660 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT THAT AIMS TO IMPROVE COMMUNICATION ACTIVITIES IN THE NGO SECTOR IN BG | $696,009 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR THE RESEARCH AND DEVELOPMENT PROGRAM IN THE FIELD OF AI, SCIENCE AND TECHNOLOGY | $600,000 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR LEADERSHIP TRAINING OF BULGARIANS IN THE UNITED STATES | $544,456 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT THAT PROVIDES MENTORSHIP AND DEVELOPMENT IN JOURNALISM TO BULGARIAN STUDENTS | $456,256 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROGRAM DEVELOPING EFFECTIVE VOLUNTEERISM | $446,978 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROGRAM THAT PROVIDES EQUAL ACCESS TO ENTREPRENEURSHIP SKILLS FOR STUDENTS IN BULGARIA | $397,364 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO FOSTER PRIVATE SECTOR IN BULGARIA BY COLLABORATION BETWEEN THE ENTREPRENEURIAL COMMUNITIES IN THE US AND BULGARIA | $350,000 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT FOR SUSTAINABLE MODEL TO SUPPORT ACTIVE COMMUNITIES AND LOCAL INITIATIVES | $305,961 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO ENHANCE QUALITY JOURNALISM USING THE ARTIFICIAL INTELLIGENCE (AI) TECHNOLOGY | $295,567 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROGRAM TO DEVELOP ENTREPRENEURSHIP, BUSINESS, AND LEADERSHIP SKILLS | $223,762 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | ENTREPRENEURSHIP SUPPORT FOR COMMUNITY DEVELOPMENT OF FAMILIES IN RURAL AREA | $207,501 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO SUPPORT LOCAL COMMUNITIES AND BOOST TOURISM AND BUSINESS DEVELOPMENT IN RURAL AREAS | $202,145 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO FOSTER KNOWLEDGE EXCHANGE AND CROSS-CULTURAL COLLABORATION BETWEEN THE ENTREPRENEURIAL COMMUNITIES IN THE US AND BULGARIA | $150,000 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT FOR PROVIDING HIGH-SCHOOL EDUCATION TO DISPLACED UKRAINIAN STUDENTS | $138,186 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROGRAM TO IMPROVE MATH TEACHERS' PRACTICES THROUGH THE USE OF KHAN ACADEMY AND ENHANCE STUDENTS MATH SKILLS | $124,382 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR THE ADMINISTRATION AND ORGANIZATION OF THE 3RD EDITION OF THE LEADERSHIP PROGRAM (LEAP III) | $105,259 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT THAT AIMS TO DELIVER POLICY CHANGES IN THE HEALTHCARE IN BULGARIA | $103,320 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO BUILD YOUNG AUTHORS AND DEVELOPING THEIR POTENTIAL IN HUMORISTIC JOURNALISM | $102,269 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A MASTER'S PROGRAM FOR EDUCATION ON CONTEMPORARY MUSEUM EXHIBITIONS | $102,063 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | ADMINISTRATIVE SUPPORT FOR MANAGING SELECTION PROCESS AND MONITORING APPROVED PROJECTS UNDER THE 3RD EDITION OF RFP | $87,743 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | GENERAL SUPPORT OF AN NGO FOR ITS GROWTH, OPERATIONS AND INSTITUTIONAL CAPACITY | $84,061 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $83,832 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $82,190 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $81,993 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $81,532 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR THE ORGANIZATION OF A CONFERENCE AND A SERIES OF PUBLIC EVENTS THEMED ON DEMOCRACY AND THE FALL OF THE BERLIN WALL | $78,669 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $76,102 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $66,412 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $65,624 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT FOR THAT SUPPORTS THE JUDICIAL SYSTEM REFORM IN BULGARIA AND BUSINESS ENVIRONMENT | $63,963 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROGRAM FOR DEVELOPING GREEN INNOVATION, ENTREPRENEURIAL AND E-STEM SKILLS OF SCHOOL STUDENTS | $58,771 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT FOR DEVELOPMENT OF A MENTORSHIP AND EDUCATION PROGRAM FOR STUDENTS | $56,465 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT AIMING TO INFORM AND PROMOTE PEDIATRICS AMONG MEDICAL STUDENTS IN BULGARIA | $42,929 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO SUPPORT THE PROFESSIONAL DEVELOPMENT OF YOUNG BULGARIAN JOURNALISTS | $42,916 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT A DIGITAL INFRASTRUCTURE FOR A FORMER COMMUNIST CAMP TO ATTRACT TOURISTS IN THE NW BULGARIA | $38,828 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO COVER THE US PRESIDENTIAL ELECTION IN 2024 | $38,364 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO COVER THE US PRESIDENTIAL ELECTION IN 2024 | $38,001 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO COVER THE US PRESIDENTIAL ELECTION IN 2024 | $36,310 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT FOR DEVELOPING VIDEO LESSONS TO ENHANCE INDEPENDENT JOURNALISM | $32,301 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | GENERAL SUPPORT | $30,000 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT | $28,335 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT FOR PUBLISHING A BOOK AND ORGANIZING AN EXHIBITION DEDICATED TO HISTORY | $28,271 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $27,820 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $27,503 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO PROVIDE PSYCHOSOCIAL SUPPORT AND CARE FOR CHILDREN WITH CANCER AND THEIR FAMILIES | $27,447 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO INCREASE VISIBILITY OF THE BULGARIAN TOURISM SECTOR | $27,341 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR THE ORGANIZATION OF WORKSHOPS AND COURSES FOR STUDENTS FOR CREATION OF VIDEO GAMES' CONTENT | $27,296 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $26,837 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT AIMING TO PROVIDE MEDICAL CHECKS FOR PEOPLE IN DISTANT REGIONS OF THE COUNTRY | $26,677 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR INCREASING THE CONTENT AND THE PRESENCE OF A BULGARIAN ONLINE MEDIA | $26,112 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT FOR DEVELOPMENT OF A CULTURAL PROGRAM AND RENOVATION OF ART SPACES | $21,470 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A SUMMER CAMP TO PREPARE AND INCREASE STUDENTS' ASTRONOMY KNOWLEDGE | $20,749 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO RAISE AWARENESS FOR DISCRIMINATION PRACTICES AND NON-EQUAL OPPORTUNITIES IN BG | $20,548 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO INSPIRE AND DEVELOP SKILLS IN SPACE TECHNOLOGIES FOR YOUNG BULGARIANS | $16,649 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR ORGANIZING AN EVENT FOR THE PRIVATE SECTOR TO RAISE AWARENESS FOR ISSUES THAT CSOS FACE IN BULGARIA | $14,263 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR ORGANIZING AN EVENT TO SUPPORT THE CIVIL SOCIETY ORGANIZATIONS IN BULGARIA | $14,239 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT FOR THE DEVELOPMENT OF A GUIDE FOR DOCTORS AND PATIENTS WITH BREAST CANCER TO IMPROVE THEIR QUALITY OF LIFE | $14,124 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT FOR ORGANIZING A MULTIMEDIA PHOTOGRAPHY EXHIBITION | $14,116 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR PRESENTATION OF AN EXHIBITION DEDICATED TO THE DISINFORMATION, FORGERY AND FALSIFICATION IN THE WORLD HISTORY | $13,965 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO BOOST TOURISM DEVELOPMENT IN NORTHWEST BULGARIA | $13,938 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR THE INSTALLATION OF BICYCLE STATIONS ALONG THE DANUBE RIVER AND PROMOTE BIKING TOURISM IN THE AREA | $13,938 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR THE PARTICIPATION OF BULGARIAN YOUTH IN THE EUROPEAN INITIATIVE FOR CITIZENSHIP EDUCATION | $13,914 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A COMPETITION FOR YOUNG FILMMAKERS TO DESIGN, PREPARE AND PRESENT A SHORT MOVIE FOR DEMOCRACY | $13,837 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A SUMMER LEADERSHIP ACADEMY FOR YOUTH | $13,825 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT THAT AIMS TO INCREASE CIVIC EDUCATION OF THE YOUNG PEOPLE IN BULGARIA | $13,823 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR AN EVENT TO MOTIVATE YOUNG BULGARIANS TO CONTINUE EDUCATION AND PROFESSIONAL DEVELOPMENT | $13,819 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR ORGANIZATION OF BIKE TOURS THAT TO INCREASE TOURISM DEVELOPMENT IN NORTHWEST BULGARIA | $13,819 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A TRAINING COURSE FOR YOUTH FOR CREATING VIDEO GAMES AND DEVELOPING VR CONTENT | $13,732 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR AN INTERACTIVE COOKING CLASS AIMING TO INCREASE AND DEVELOP TOURISM | $13,663 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $13,650 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $13,650 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $13,650 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO ENRICH THE EDUCATION OF YOUNG HEALTHCARE PROFESSIONALS AND STUDENTS WITH ENTREPRENEURIAL AND LEADERSHIP SKILLS | $13,611 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A MUSIC EVENT THAT AIMS TO PROMOTE THE FREEDOM, DEMOCRACY AND MORAL VALUES AMONG YOUTH IN BULGARIA. | $13,586 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT THAT AIMS TO EDUCATE AND ENGAGE YOUTH AND CITIZENS IN BULGARIA IN THE ADVOCACY PROCESS | $13,528 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $12,716 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PUBLIC CAMPAIGN FOR TAX DECENTRALIZATION IN BULGARIA | $12,134 | WIRE TRANSFER AND ACCRUAL | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $12,017 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A SPORT EVENT WHERE MONEY ARE RAISED FOR FIGHTING BREAST CANCER | $11,348 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT TO PROMOTE FESTIVAL TOURISM AND DEVELOP LOCAL COMMUNITIES IN NORTHWEST BULGARIA | $9,998 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT THAT ENABLES LOCAL COMMUNITIES AND BUSINESS TO SUPPORT CHARITABLE CAUSES | $8,466 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROGRAM FOR DEVELOPING BUSINESS AND LEADERSHIP SKILLS OF ENTREPRENEURS AND START-UPS | $8,195 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR PARTICIPATION IN A CONFERENCE DEDICATED TO INDEPENDENT MEDIA AND INNOVATION IN JOURNALISM | $8,058 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR A PROJECT APPROVED IN RFP FOR TOURISM DEVELOPMENT IN NORTHWEST BULGARIA AND ALONG THE DANUBE | $7,177 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR ORGANIZATION OF CHARITY EVENTS AND BUSINESS MEETINGS | $6,095 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR ORGANIZATION OF AN ANNUAL CHARITY EVENT | $5,858 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR THE SUSTAINABILITY OF THE WEBSITE THAT IS USED AS A PLATFORM FOR INDEPENDENT JOURNALISM IN BG | $5,521 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | SUPPORT FOR AN EVENT WITH A FOCUS ON THE SUPPORT AND ENHANCEMENT OF CIVIC EDUCATION, POLITICAL AND ECONOMIC ENGAGEMENT OF YOUTH | $5,267 | WIRE TRANSFER | $0 | N/A | N/A |
| EUROPE | DISCOUNT ON GRANTS PAYABLE | $804,203 | WIRE TRANSFER | $0 | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 70 | Total501c3OrgCnt |
| Total Other Org | 22 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE ABF FOLLOWS POLICIES AND PROCEDURES DESIGNED TO MAXIMIZE THE EFFECTIVENESS OF GRANTS, AS WELL AS ENSURE THE GRANT FUNDS ARE USED FOR AN EXEMPT PURPOSE. THESE POLICIES AND PROCEDURES ARE APPLIED CONSISTENTLY FOR GRANTS IN AND OUTSIDE THE UNITED STATES. ALL GRANTS GO THROUGH A PRE-GRANT INQUIRY PROCESS WHERE THE GRANTEE IS REQUIRED TO PROVIDE EXTENSIVE INFORMATION ON ITS GOVERNANCE PRACTICES, FINANCIAL POLICIES AND PROGRAM ACTIVITIES IN GENERAL, AS WELL AS WITH REGARD TO THE SPECIFIC PROGRAM FOR WHICH IT IS REQUESTING FUNDING. A FORMAL GRANT AGREEMENT IS THEN EXECUTED AND COUNTERSIGNED BY THE GRANTEE AND THE ABF. THE GRANT AGREEMENT SPECIFIES THE AMOUNT OF THE GRANT, GRANT DISBURSEMENT TIMELINE, ANY RESTRICTIONS ON THE GRANT, AS WELL AS THAT THE GRANT FUNDS MUST BE SEPARATELY ACCOUNTED FOR BY THE GRANTEE. GRANTEES MUST REPORT BACK TO THE ABF PRIOR TO RECEIVING RELEASE OF PERIODIC GRANT INSTALLMENT DISBURSEMENTS. THE ABF USUALLY MAKES GRANTS IN SEVERAL INSTALLMENTS TO ENSURE COMPLIANCE WITH PROGRAM, OPERATIONAL AND ACCOUNTING REQUIREMENTS BY THE GRANTEE ORGANIZATION. THE GRANTEES PROVIDE INTERIM OPERATIONAL AND FINANCIAL REPORTS TO THE ABF. THE REPORTS DESCRIBE THE PROGRESS IN ACHIEVING THE GRANT OBJECTIVES AND INCLUDE DETAILED ACCOUNTING OF THE USES OR EXPENDITURES OF ALL GRANT FUNDS. THE PROGRAM DIRECTORS AND THE EVALUATION TEAM OF THE ABF REVIEW THE INTERIM REPORTS AND CONDUCT SITE VISITS TO ENSURE THAT THE PROGRESS INDICATED IN THE REPORTS IS CORRECT. THE ABF FINANCE AND COMPLIANCE FUNCTION REVIEWS THE INTERIM FINANCIAL REPORTS AND SUPPORTING RECORDS, SUCH AS INVOICES AND CONTRACTS. THE GRANTEES PROVIDE A COPY OF AUDITED FINANCIAL STATEMENTS FOR THE ACCOUNTING PERIOD COVERING THE GRANT, IF SUCH ARE AVAILABLE. THE GRANTEES ALSO SUBMIT A WRITTEN REPORT SUMMARIZING THE PROJECT WITHIN TWO MONTHS AFTER COMPLETION OF THE PROJECT IN WHICH THEY INCLUDE A COMPLETE ACCOUNT OF THE EXPENDITURES OF THE GRANT FUNDS AND DETAILED DESCRIPTION OF THE RESULTS AND ACCOMPLISHMENTS OF THE GRANT. THE GRANTEES ARE REQUIRED TO KEEP FINANCIAL RECORDS WITH RESPECT TO EACH GRANT ALONG WITH COPIES OF ANY REPORTS SUBMITTED TO THE ABF FOR AT LEAST TWO YEARS FOLLOWING THE YEAR IN WHICH ALL GRANT FUNDS ARE FULLY EXPENDED. THE ABF AUDIT COMMITTEE AND BOARD OF DIRECTORS EXERCISE OVERSIGHT OVER THE GRANTS DISBURSED THROUGH THE REVIEW OF REPORTS AND PRESENTATIONS BY MANAGEMENT. |
| PART I, LINE 3: | GRANTS ARE REPORTED CONSISTENT WITH THE ABF'S FINANCIAL STATEMENTS USING THE ACCRUAL METHOD OF ACCOUNTING. GRANT EXPENDITURES ARE RECOGNIZED IN THE PERIOD THE GRANT AGREEMENT IS SIGNED BY ABF AND THE GRANTEE, PROVIDED THE GRANT IS NOT SUBJECT TO FUTURE CONTINGENCIES. CONDITIONAL GRANTS ARE RECOGNIZED AS GRANT EXPENSE AND AS A GRANT PAYABLE IN THE PERIOD IN WHICH THE GRANTEE MEETS THE TERMS OF THE CONDITIONS. IF PAYMENTS OF THE UNCONDITIONAL PROMISE TO GIVE ARE TO BE MADE TO A RECIPIENT OVER SEVERAL FISCAL PERIODS AND THE RECIPIENT IS SUBJECT ONLY TO ROUTINE PERFORMANCE REQUIREMENTS, A LIABILITY AND AN EXPENSE FOR THE ENTIRE AMOUNT PAYABLE IS RECOGNIZED. INVESTMENT EXPENSES ARE REPORTED CONSISTENT WITH THE ABF'S FINANCIAL STATEMENTS USING THE ACCRUAL METHOD OF ACCOUNTING. |
| SCHEDULE F, PART II, LINE 3: | OF THE TOTAL 22 OTHER ORGANIZATIONS REPORTED ON LINE 3, FIVE RECIPIENTS ARE EDUCATIONAL INSTITUTIONS OR CULTURAL INSTITUTIONS AND ONE RECIPIENT IS AN INTERGOVERNMENTAL INSTITUTION. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NANCY L SCHILLER - CEO PRES | ||||||||||||||
| TREASURER, SECRETARY, DIRECTOR | $325,000 | $0 | $75,000 | $0 | $56,869 | $0 | $35,005 | $0 | $54,199 | $0 | $546,073 | $0 | $0 | $0 |
| BOJANA I KOURTEVA | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $190,748 | $0 | $20,000 | $0 | $270 | $0 | $20,416 | $0 | $49,576 | $0 | $281,010 | $0 | $0 | $0 |
| DESISLAVA N TALIOKOVA | ||||||||||||||
| EXECUTIVE DIRECTOR | $203,176 | $0 | $25,000 | $0 | $0 | $0 | $398 | $0 | $796 | $0 | $229,370 | $0 | $0 | $0 |
| SARAH M PERRINE - PROGRAM | ||||||||||||||
| DIRECTOR, ECONOMICALLY DISADVANTAGED | $170,000 | $0 | $7,500 | $0 | $3,310 | $0 | $16,306 | $0 | $18,040 | $0 | $215,156 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | TRAVEL FOR COMPANIONS IS PROVIDED FOR ALL MEMBERS OF THE ABF BOARD OF DIRECTORS. ALL COMPANION TRAVEL SERVES A BONA FIDE BUSINESS PURPOSE AND, THEREFORE, THESE EXPENSES ARE EXCLUDED FROM THE DIRECTORS' TAXABLE INCOME AS A NON-TAXABLE WORKING CONDITION FRINGE BENEFIT. ACCORDINGLY, THE ABF DOES NOT DEDUCT ITS PAYMENTS OF THE DIRECTORS' COMPANION TRAVEL EXPENSE ON ITS TAX RETURN. TAX GROSS-UPS WERE PROVIDED TO ONE UNITED STATES CITIZEN EMPLOYEE WHO WORKS FOR THE ABF ON A FOREIGN ASSIGNMENT BASIS IN SOFIA, BULGARIA. THESE TAX GROSS-UPS, AS PROVIDED BY ABF'S ACCOUNTABLE PLAN, ARE APPROVED BY THE BOARD OF DIRECTORS AND ARE REPORTED AS TAXABLE INCOME ON THE EMPLOYEE'S FORM W-2. A HOUSING ALLOWANCE WAS PROVIDED TO ONE UNITED STATES CITIZEN EMPLOYEE WHO WORKS FOR THE ABF ON A FOREIGN ASSIGNMENT BASIS IN SOFIA, BULGARIA. THE HOUSING ALLOWANCE, AS PROVIDED BY ABF'S ACCOUNTABLE PLAN, IS APPROVED BY THE BOARD OF DIRECTORS AND IS REPORTED AS TAXABLE INCOME ON THE EMPLOYEE'S FORM W-2. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 5 AND PART V, LINE 2A: | THE ABF HAS A TOTAL NUMBER OF 32 EMPLOYEES. ONLY THREE WERE INCLUDED IN PART V, LINE 2A, AS THE REMAINDER ARE EMPLOYEES FOR WHOM THE ABF IS NOT REQUIRED TO FILE FORM W-2. |
| FORM 990, PAGE 1, BOX I - TAX EXEMPT STATUS: | IN 2019, ABF BEGAN THE PROCESS OF TRANSITIONING FROM 501(C)(3) TO 501(C)(4) STATUS. ALTHOUGH ABF HAS ATTEMPTED TO FILE ITS FORM 990 ON MULTIPLE OCCASIONS CHECKING THE BOX THAT IT IS A 501(C)(4) ORGANIZATION AND HAS PROVIDED MAILED COPIES OF THE FORM 990 TO THE IRS, THE IRS E-FILING SYSTEM HAS NOT BEEN ABLE TO ACCEPT THE RETURNS. ACCORDINGLY, ABF HAS CHECKED THE BOX ON THIS RETURN THAT IT IS A 501(C)(3) ENTITY FOR PURPOSES OF PERMITTING THE FORM TO BE FILED WITH THE IRS, BUT NOTES THAT IT IS A 501(C)(4). |
| FORM 990, PART VI, SECTION A, LINE 2 | TWO OF THE MEMBERS OF THE BOARD OF DIRECTORS, CHRIS J. MATLON AND DIMITER S. VOUTCHEV, HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 4 | AMERICA FOR BULGARIA FOUNDATION AMENDED ITS BYLAWS TO CLARIFY THE RESPONSIBILITIES OF THE SECRETARY POSITION. THE UPDATED PROVISION STATES THAT WHENEVER THE CORPORATION HAS ONE OR MORE OFFICERS HOLDING THE TITLE OF SECRETARY, EACH SUCH OFFICER SHALL HAVE, AND MAY EXERCISE, ALL OF THE POWERS AND RESPONSIBILITIES OF THE SECRETARY. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE AMERICA FOR BULGARIA FOUNDATION WAS ORGANIZED NOT FOR PROFIT AS A NON-STOCK CORPORATION UNDER THE GENERAL CORPORATION LAW OF THE STATE OF DELAWARE ON DECEMBER 16, 2019. THE PERSONS WHO SERVE ON THE BOARD OF DIRECTORS (THE GOVERNING BODY) OF THE ABF ARE THE ONLY MEMBERS OF THE CORPORATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE CORPORATION, WHO ALSO CONSTITUTE ITS BOARD OF DIRECTORS, ARE ENTITLED BY THE ABF'S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO ELECT PERSONS TO THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | ARTICLE EIGHT OF THE ABF'S AMENDED AND RESTATED CERTIFICATE OF INCORPORATION PROVIDES THAT: "THE BOARD OF DIRECTORS OF THE CORPORATION SHALL BE DIVIDED INTO THREE CLASSES AS NEARLY EQUAL IN SIZE AS IS PRACTICABLE, HEREBY DESIGNATED CLASS I, CLASS II, CLASS III. THE TERM OF OFFICE OF THE INITIAL CLASS I DIRECTORS SHALL EXPIRE AT THE NEXT SUCCEEDING ANNUAL MEETING OF THE MEMBERS, THE TERM OF OFFICE OF THE INITIAL CLASS II DIRECTORS SHALL EXPIRE AT THE SECOND SUCCEEDING ANNUAL MEETING OF THE MEMBERS, AND THE TERM OF OFFICE OF THE INITIAL CLASS III DIRECTORS SHALL EXPIRE AT THE THIRD SUCCEEDING ANNUAL MEETING OF THE MEMBERS. THE INITIAL CLASS I, CLASS II AND CLASS III DIRECTORS SHALL BE THOSE DIRECTORS DESIGNATED AS SUCH IN ARTICLE NINTH HEREOF. AT EACH ANNUAL MEETING OF THE MEMBERS, DIRECTORS TO REPLACE THOSE OF A CLASS WHOSE TERMS EXPIRE AT SUCH ANNUAL MEETING SHALL BE ELECTED TO HOLD OFFICE UNTIL THE THIRD SUCCEEDING ANNUAL MEETING THEREAFTER AND UNTIL THEIR RESPECTIVE SUCCESSORS SHALL HAVE BEEN DULY ELECTED AND QUALIFIED. IF THE NUMBER OF DIRECTORS IS HEREAFTER CHANGED, ANY NEWLY CREATED DIRECTORSHIPS OR DECREASE IN DIRECTORSHIPS SHALL BE SO APPORTIONED AMONG THE CLASSES AS TO MAKE ALL CLASSES AS NEARLY EQUAL IN NUMBER AS PRACTICABLE. THE ELECTION OF DIRECTORS NEED NOT BE BY WRITTEN BALLOT. ANY DIRECTOR MAY BE REMOVED AT ANY TIME, WITH OR WITHOUT CAUSE, BY A VOTE OF A MAJORITY OF THE MEMBERS. ANY VACANCY OCCURRING ON THE BOARD OF DIRECTORS OF THE CORPORATION MAY BE FILLED BY A MAJORITY OF THE REMAINING MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION, ALTHOUGH LESS THAN A QUORUM, AT ANY MEETING OF THE BOARD OF DIRECTORS OF THE CORPORATION. ANY DIRECTOR ELECTED TO FILL ANY VACANCY ON THE BOARD OF DIRECTORS OF THE CORPORATION SHALL BE ELECTED TO SERVE THE UNEXPIRED TERM OF THE DIRECTORSHIP." |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CHIEF FINANCIAL OFFICER (CFO) IS RESPONSIBLE FOR THE PREPARATION AND THE FILING OF THE IRS FORM 990 AND ALL NECESSARY EXTENSIONS. THE FORM IS COMPLETED BY THE FINANCE FUNCTION OF THE ABF. AS PART OF THE PREPARATION PROCESS, ISSUES ARE DISCUSSED WITH OUTSIDE LEGAL AND TAX COUNSEL AND AN EXTERNAL TAX SERVICE CONSULTANT FOR NONPROFIT ORGANIZATIONS. AFTER A REVIEW BY THE CFO, COPIES OF THE FORM ARE PROVIDED TO THE PRESIDENT AND THE EXECUTIVE DIRECTOR OF THE FOUNDATION FOR THEIR REVIEW AND FEEDBACK. A COPY OF THE FORM IS DISTRIBUTED TO THE MEMBERS OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. DURING A SCHEDULED MEETING OF THE AUDIT COMMITTEE, THE CFO REVIEWS THE FORM WITH THE AUDIT COMMITTEE AND ANY NECESSARY CHANGES ARE MADE. BEFORE THE FORM IS FILED, A COPY OF THE APPROVED FORM IS PROVIDED TO ALL OFFICERS AND DIRECTORS FOR THEIR COMMENTS. THE FORM IS THEN FINALIZED AND SIGNED BY THE PRESIDENT OR THE CFO. AFTER FILING WITH THE IRS, A COPY OF THE SIGNED FORM IS DISTRIBUTED TO ALL DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR THE DIRECTORS, OFFICERS, AND EMPLOYEES OF THE ABF REVIEW THE FOUNDATION'S CONFLICT OF INTEREST POLICY, DISCLOSE ANY CONFLICT NOT PREVIOUSLY DISCLOSED, AND UPDATE THE STATUS OF ANY PREVIOUS CONFLICTS OF INTEREST REPORTED IN PRIOR PERIODS. IN ADDITION, ALL DIRECTORS, OFFICERS, AND EACH EMPLOYEE ANNUALLY SIGN A STATEMENT AFFIRMING THAT HE/SHE HAS READ THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND ACKNOWLEDGES THAT HE/SHE EITHER IS NOT AWARE OF ANY VIOLATIONS OR IS DISCLOSING THEREIN ANY KNOWN VIOLATIONS. THE COMPLETED CONFLICT OF INTEREST POLICY STATEMENTS ARE REVIEWED BY THE CFO, EXECUTIVE DIRECTOR AND PRESIDENT TO DETERMINE WHETHER CONFLICTS EXIST. ACTUAL CONFLICTS ARE REVIEWED WITH THE BOARD OF DIRECTORS. NO MEMBER OF THE BOARD OF DIRECTORS OF THE ABF OR ANY OFFICER OR MANAGEMENT EMPLOYEE OF THE ABF SHALL ORIGINATE, PARTICIPATE IN, OR VOTE ON ANY TRANSACTION INVOLVING THE ABF IN WHICH SUCH PERSON HAS A CONFLICT OF INTEREST. IN PARTICULAR, A DIRECTOR OF THE ABF SHALL RECUSE HIM/HERSELF FROM THE BOARD'S DELIBERATIONS REGARDING ANY MATTER IN WHICH THE DIRECTOR HAS A CONFLICT OF INTEREST UNLESS THE CHAIRMAN OF THE BOARD DETERMINES THAT RECUSAL IS UNNECESSARY IN THE PARTICULAR INSTANCE. IN ADDITION, AN EMPLOYEE SHALL NOT BE THE RESPONSIBLE STAFF PERSON ON A TRANSACTION IN WHICH HE/SHE HAS A CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT, EXECUTIVE DIRECTOR, AND CFO COMPRISES STUDIES OF COMPARATIVE DATA, REVIEW OF FORM 990 FOR OTHER ORGANIZATIONS, APPROVAL BY INDEPENDENT PERSONS, AND ANNUAL REVIEW. THE PROCESS FOR DETERMINING COMPENSATION FOR ALL OTHER EMPLOYEES INCLUDES A MARKET STUDY, ANNUAL REVIEW AND APPROVAL BY THE AUDIT COMMITTEE. THE COMPENSATION FOR THE PRESIDENT, EXECUTIVE DIRECTOR AND CFO AND ALL OTHER EMPLOYEES WAS LAST REVIEWED IN DECEMBER 2024. THE PROCESS AND DECISIONS ARE DOCUMENTED IN THE MINUTES OF THE AUDIT COMMITTEE AND THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ABF MAKES AVAILABLE FOR PUBLIC INSPECTION ITS GOVERNING DOCUMENTS, CODE OF ETHICS, CONFLICT OF INTEREST POLICY, FRAUD POLICY, AND FINANCIAL STATEMENTS BY PROVIDING COPIES UPON REQUEST. IN ADDITION, THE CODE OF ETHICS AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ABF'S WEBSITE. |
| PART VII, SECTION A, LINE 1A, COLUMN (D): | IN 2024, ABF HAD FOUR DIRECTORS WHO ARE FOREIGN PERSONS AND RECEIVED UNITED STATES SOURCED INCOME, WHICH WAS REPORTED ON FORM 1042-S, AND ALSO REPORTED IN PART VII, SECTION A, LINE 1A, COLUMN (D). |
| FORM 990, PART XI, LINE 9: | REVERSED GRANTS EXPENSE 159,092. NON-DEDUCTIBLE COMPANION TRAVEL EXPENSES -56,285. UNREALIZED FOREIGN EXCHANGE LOSS 1,218,304. |
| PART XII, LINE 2C: | THE ABF HAS NOT CHANGED THE PROCESS FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS NOR THE SELECTION OF AN INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABF PROPERTY EOOD | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 MALYOVICA ST | AddressLine1Txt |
| City | SOFIA | CityNm |
| Country | BU | CountryCd |
| Foreign Postal | 1000 | ForeignPostalCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | PROPERTY MANAGEMENT | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | BU | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICA FOR BULGARIA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $7 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $580,215 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |