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Charity Contact Information BBB Wise Giving Alliance Comments Programs

Tax Status Governance Fund Raising Financial

Name:	Near East Foundation
Address:	430-432 Crouse Hinds Hall, 900 S. Crouse Avenue
	Syracuse, NY 13244
Phone:	212-710-5588
Web Address:	www.neareast.org

Near East Foundation (NEF) meets the 20 Standards for Charity Accountability.

NEF implements programs targeted on natural resource management and adaptative agriculture to improve sustainability and output and provide economic development to rural communities. In addition, NEF has programs targeted at marginalized urban communities to strengthen both civic involvement and to provide economic opportunities. These include a youth development program in the peri-urban slums of Casablanca training young people and supporting youth groups, as well as a project working in 6 of the poorest regions of Jordan training local community associations in organization and the creation of community based businesses, harnessing the private sector to stimulate and sustain economic development. NEF’s programs also focus on improving education especially for women both formally and informally, and include a program in Southern Morocco to increase girls' primary school attendance and completion rates for all children.

For the fiscal year ended June 30, 2010, NEF's program expenses were:

Program services	4,663,351
Total Program Expenses:	$4,663,351

Chief Executive : Charles Benjamin, President

Compensation*:

$117,000

Highest Paid Executive: Alexander Papachristou, Former President
Compensation*: $199,111

Chair of the Board: Shant Mardirossian
Chair's Profession / Business Affiliation: Partner and Chief Financial Officer, Kohlberg & Company

Board Size: 9

Paid Staff Size: 57

*2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. Mr. Benjamin started with NEF on January 1, 2010. The former President, Mr. Papachristou, was compensated for the time period of July 1, 2008 - June 30, 2009.

Method(s) Used:

Direct mail, grant proposals, and Internet appeals

Fund raising costs were 1% of related contributions. (Related contributions, which totaled $7,327,294, are donations received as a result of fund raising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on NEF's audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds
Contributions	3,278,260
Government grants and contracts	2,173,566
Private grants	1,500,937
In-kind contributions	346,130
Program-related income	290,127
Special events revenue, net	28,401
Other	25,668
Investment income	10,640
Net change in fair value of investments	6,739
Total Income	$7,660,468

Uses of Funds as a % of Total Expenses

Programs: 87%  Fund Raising: 2%  Administrative: 11%

Total income				$7,660,468
	Program expenses			$4,663,351
	Fund raising expenses			100,817
	Administrative expenses			593,426
Total expenses				$5,357,594
Income in Excess of Expenses				2,302,874
Beginning net assets				1,743,236
Ending net assets				4,046,110
Total liabilities				503,410
Total assets				$4,549,520

Note: According to NEF's audited financial statements for the fiscal year ended June 30, 2010, the organization received $346,130 in in-kind contributions including material and equipment for schools ($170,186), legal services ($152,785), and labor ($23,159).