Nonprofits›Luso-American Development Foundation
Luso-American Development Foundation
PORTUGAL
Total revenue
$27.6M
Total expenses
$8.1M
Net assets
$176.1M
Grants received
—
EIN
980075208
Tax year
2024
Mission
Contributes to Portugal's economic and social development by promoting cooperation between Portugal and United States of America in scientific, technical, cultural, education, commercial and entrepreneurial field.
Programs
3 programs
Education
Expenses: $1.3MGrants: $296K
Transatlantic relations and US links
Expenses: $594KGrants: $324K
See Schedule O,Statement 1
Expenses: $867KGrants: $513K
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue—
Investment income—
Other revenue$27.6M
Total revenue$27.6M
Expenses
Grants paid$3.8M
Salaries & benefits$1.9M
Fundraising—
Other expenses$2.4M
Total expenses$8.1M
Total assets$177.7M
Net assets$176.1M
People
7 listed
NameRoleCompensation
Miguel Vieira Vaz
Director
Board
$111K
0Maria Fatima Fonseca
Director
Board
$110K
0Michael Baum
Trustee
Board
$107K
0Elsa Henriques
Trustee
Board
$104K
0Nuno Pinheiro Torres
Executive board member
Board
$14K
0Rita Faden
President
Staff
$88K
0Nuno Morais Sarmento
President
Staff
$54K
0Details
EIN980075208
Subsection04
Ruling date1986-07
Formed1985
Employees0
Volunteers0