2024-11-07T11:35:58-06:00 2023-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2023-01-01 134174402 Foundation for the Defense of Democracies Inc FOUN 2022070190 1800 M Street NW 800S Washington DC 200365876 Clifford D May President 2022070190 2024-10-24 1 1 Yong Zhang CPA P01249785 7038930300 2024-10-18 2023 2024-10-15 13:58:12Z Clifford D May 1800 M Street NW 800S Washington DC 200365876 24100752 0 X https://www.fdd.org/ X 2001 NY Research institute focusing on foreign policy and national security- See Schedule O 24 22 71 65 0 0 17850316 23209636 331347 189961 114379 395972 128030 128472 18424072 23924041 4500 500000 0 0 10681109 13516211 0 0 2367344 9310956 11378330 19996565 25394541 -1572493 -1470500 33154261 31722831 6352392 6211205 26801869 25511626 X To conduct research and provide education on national security and on international terrorism. See Schedule O for full mission 0 0 7487944 Research: Provides research on national security, international relations, terrorism, and related issues on a timely basis and in response to the political and societal environment. 3271694 500000 Communications and Government Relations: Educates the general public and policy audiences on issues related to national security, international relations, terrorism, and other issues related to the defense of democratic societies and institutions. 2117542 59800 Iran Threat: Provides policy research, analysis, and education addressing Iran's support for terrorism and the pursuit of nuclear weapons. 1918874 Center on Economic and Financial Power: Examines how democracies can use sanctions as economic coercion, deter illicit finance, and defend themselves against economic warfare. 1844013 Center on Military and Political Power: Promotes understanding of the defense strategies, policies, and capabilities necessary to deter and defeat threats to the freedom, security, and prosperity of Americans and our allies by providing rigorous, timely, and relevant research and analysis. 1561058 130161 Center on Cyber and Technology Innovation: Aims to promote a greater understanding of the threats and opportunities to national security posed by the rapidly expanding technological environment. 518476 Conducts research: Conduct research and analysis of certain groups and nations that may cause harm to the US or other democratic allies. 523591 Education and Training Programs: Provide mentoring, skill-building workshops, roundtables, and travel opportunities to mid-career professionals working in various aspects of national security and public policy. 6366012 130161 19243192 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 100 0 1 71 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA FL GA IL KY MD MA MI NJ NY NC PA RI TN VA X Kathy Helman Vice President Finan 2022070190 1800 M Street NW 800S Washington DC 200365876 X Timothy Gordon Chair 1.00 X X 0 0 0 Leonard Abramson Director 1.00 X 0 0 0 Isaac Applbaum started 52323 Director 1.00 X 0 0 0 David Arditi Director 1.00 X 0 0 0 David Barish Director 1.00 X 0 0 0 Brian Bilzin Director 1.00 X 0 0 0 Michael Cohen Director 1.00 X 0 0 0 Eric Dezenhall Director 1.00 X 0 0 0 Larry Hochberg Director 1.00 X 0 0 0 David Horowitz Director 1.00 X 0 0 0 Robert Kargman Director 1.00 X 0 0 0 Lennert Leader Director 1.00 X 0 0 0 James Litinsky Director 1.00 X 0 0 0 Bernard Marcus Director 1.00 X 0 0 0 David Naftaly Director 1.00 X 0 0 0 Natty Nashman Director 1.00 X 0 0 0 Mark Pelson Director 1.00 X 0 0 0 Mark Pruzanksi Director 1.00 X 0 0 0 Kenneth Schwartz Director 1.00 X 0 0 0 Tina Snider Director 1.00 X 0 0 0 David Sterling Director 1.00 X 0 0 0 Gil Tenzer Director 1.00 X 0 0 0 Mark Dubowitz CEO 60.00 X X 860629 0 49209 Clifford May President 60.00 2.00 X X 758588 488 41466 Jonathan J Schanzer Senior Vice President 60.00 X 624498 0 49209 William McCarthy COO 48.00 2.00 X 588311 6660 9956 Lawrence Muscant Senior Vice President 50.00 2.00 X 776445 0 49209 Toby R Dershowitz Senior Vice President 50.00 10.00 X 508420 154276 30592 Elaine K Dezenski Senior Director 40.00 X 284553 0 40287 Elizabeth L Robbins Vice President 40.00 X 310690 0 12261 Mark Montgomery Senior Director / Senior Fellow 40.00 X 275713 0 28607 Georgianna Shea Chief Technologist 40.00 X 256149 0 21612 Bradley L Bowman Senior Director 40.00 X 254152 0 39465 5498148 161424 371873 37 0 1 0 Paul Weiss Rifkind Wharton & Garrison 1285 Avenue of the Americas New York NY 100196064 Legal and Research Services 402152 Financial Integrity Network LLC 1050 Connecticut Avenue NW Washington DC 20036 Research and Program Servies 382166 Covington & Burling LLP One City Center 850 Tenth Street Washington DC 20001 Legal and Research Services 370315 OSIbeyond LLC 11921 Rocivkille Pike Suite 210 Rockville MD 20852 Information Technology Services 347064 K17 Security 9710 Traville Gateway Drive Suite Rockville MD 20850 Security Services 309883 16 23209636 176711 23209636 Consulting Revenue 900099 130161 130161 Registration revenue 900099 59800 59800 189961 394773 394773 128393 0 128393 128393 128393 177910 176711 1199 1199 1199 Other revenue 900099 79 79 79 23924041 189961 0 524444 X 500000 500000 4401960 2637785 503901 1260274 7429237 6278919 698991 451327 344852 288575 37422 18855 732535 609843 100125 22567 607627 495871 67346 44410 997997 542492 454023 1482 23385 505 22880 1811 1811 6369178 4940091 1400318 28769 485427 328068 101333 56026 625958 397332 168983 59643 980091 749204 101664 129223 1099895 836381 66324 197190 377599 305656 21641 50302 237539 182145 24391 31003 179450 150325 12852 16273 25394541 19243192 3784005 2367344 11258588 10597341 9794161 5410156 676505 626771 510419 477392 3063037 2169276 927498 893761 5347534 9738489 4639556 3978921 33154261 31722831 943619 1393318 250000 5408773 4567887 6352392 6211205 X 13443555 16093261 13358314 9418365 26801869 25511626 33154261 31722831 X -1470500 182146 -1889 X X 0 1 X 1 0 X 32525486 15069464 15921966 17850316 23209636 104576868 32525486 15069464 15921966 17850316 23209636 104576868 28101373 76475495 275681 124973 166800 236155 523166 1326775 14092 168 3965 6137 79 24441 105928084 521308 0.72200 0.70690 X Schedule A, Part II, Line 10, Explanation of Other Income: Other Income - 2019 Amount: $ 14,092. 2020 Amount: $ 168. 2021 Amount: $ 3,965. 2022 Amount: $ 6,137. 2023 Amount: $ 79. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 515428 515428 24879113 25394541 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 251491 305967 18161 515428 1091047 250000 250000 250000 250000 1000000 1500000 102277 4571 106848 102075 202 102277 102036 39 102075 100000 2036 102036 75000 25000 100000 1.00000 0 0 2245921 1609643 636278 634490 408264 226226 182626 151369 31257 893761 Intercompany receivable 81510 Deposits and lease incentives 308982 Deferred compensation plan assets 1030192 Right-of-use assets - operating leases 2558237 3978921 Deferred compensation plan liabilities 1030192 Sublease security deposit 18435 Lease liabilities - operating leases 3519260 4567887 X 24102487 182146 -1889 180257 23922230 1811 1811 23924041 25392730 0 25392730 1811 1811 25394541 Part V, Line 4: In June 2018, the Board resolved to solicit contributions to be held in perpetuity and funding of long-range support for programs and operations of the Foundation. Part X, Line 2: Management has evaluated the Foundation's tax positions and concluded that the consolidated financial statements do not include any uncertain tax positions. Part XI, Line 2d - Other Adjustments: Exchange Rate Gain (Loss) -1,889. East Asia and the Pacific 0 1 Program service Research, Meetings, and Travel 48187 Europe (Including Iceland & Greenland) 0 1 Program service Research, Meetings, Travel, and Software Tools 77517 Middle East and North Africa 0 13 Program service Research, Communiction, and Educational Trips 2494876 North America 0 1 Program service Research, Communication, and Governmental Education 133971 South America 0 0 Program service Research Travel 518 0 16 0 0 0 16 2755069 0 2755069 0 0 0 0 0 1 Part I, Line 2: Grantees are requested to provide regular updates on activities funded. Part I, line 3: Foreign expenses are directly tracked and accounted for on the accrual method of accounting. Form 990, Schedule F, Part IV, line 6 Form 5713 is separately filed as the organzation does not have Form 990-T filing requirement. 1 FDD Action 1800 M Street NW Ste 800S Washington DC 200365876 832602916 501(c)(4) 500000 0 N/A N/A General Operations 0 1 Part I, Line 2: Grantees are requested to provide regular updates on activities funded. X X X X 0 1 X X X X X X 0 0 0 0 0 0 0 1 0 Mark Dubowitz CEO 404484 0 320000 0 136145 0 9900 0 39309 0 909838 0 0 0 Lawrence Muscant Senior Vice President 453495 0 300000 0 22950 0 9900 0 39309 0 825654 0 0 0 Clifford May President 406371 488 320000 0 32217 0 9900 0 31566 0 800054 488 0 0 Toby R Dershowitz Senior Vice President 302370 85846 187500 62500 18550 5930 7425 2475 13848 6844 529693 163595 0 0 Jonathan J Schanzer Senior Vice President 349483 0 250000 0 25015 0 9900 0 39309 0 673707 0 0 0 William McCarthy COO 363340 6660 200000 0 24971 0 9900 0 56 0 598267 6660 0 0 Elaine K Dezenski Senior Director 258863 0 25000 0 690 0 8721 0 31566 0 324840 0 0 0 Elizabeth L Robbins Vice President 250000 0 60000 0 690 0 9321 0 2940 0 322951 0 0 0 Mark Montgomery Senior Director / Senior Fellow 249423 0 25000 0 1290 0 8271 0 20336 0 304320 0 0 0 Bradley L Bowman Senior Director 223462 0 30000 0 690 0 7625 0 31840 0 293617 0 0 0 Georgianna Shea Chief Technologist 236949 0 18750 0 450 0 7764 0 13848 0 277761 0 0 0 Part I, Line 1a FDD grosses up the reimbursement of the Chief Executive Officer's supplemental life insurance so that the net amount covers the cost of the policy. This insurance is provided as a result of an enhanced security risk to the CEO and is included in his taxable compensation. Additionally, during 2022 and into 2023, the CEO was on an overseas assignment. Certain costs related to this assignment were taxable to the CEO and were grossed-up to cover the taxable costs of these expenses. As Outlined in FDD's Travel policy, First-Class/Business Class travel is offered for travel over a certain length of time. Also housing allowance is offered for International Assignments. Part I, Line 1b While there is no written policy for these expenses, the reimbursements were approved by the Compensation Committee. Additionally, First-Class/Bussiness Class travel is included in FDD's travel policy. All other items are at the descretion of Senior Management and/or FDD's compensation Committee. Part I, Line 7 Bonus targets are set annually by management and the Compensation Committee. Bonuses are paid to staff based on performance and accomplishments. Regular employee bonuses are approved by management. Bonuses to the President, CEO, and officers are set and approved by the Compensation Committee. X 7 176711 FMV (Avg high/low) 0 1 0 Form 990, Part III, Line 1, Description of Organization Mission: To conduct research and provide education on national security and on international terrorism. The organization produces independent analyses on issues related to national security and global terrorism's intentions and capabilities. FDD examines the historical, cultural, philosophical, and ideological factors that drive terrorism and that threaten democracies and individual freedoms guaranteed within democratic societies. Form 990, Part VI, Section B, line 11b The President, CEO, and Finance & Audit Committee reviewed and commented on the 990. The final draft of the 990 was provided the all of the members of the Board of Directors prior to submitting to the IRS. Form 990, Part VI, Section B, line 12c FDD asks those covered by the Conflict of Interest Policy to complete a disclosure form annually. In the case that they do have an actual or potential conflict of interest, they are asked to promptly disclose all pertinent facts to the President, the CEO, or the Chairman of the Board. Form 990, Part VI, Section B, line 15 FDD's Compensation Committee reviews, sets, and approves salary and bonuses for the President and CEO. Quatt & Associates conducted a compensation study to assist the Compensation Committee in setting compensation for the President and CEO. Minutes are taken of the meeting and decisions are comfirmed via email. Compensation for other officers is recommended by the President and CEO, and reviewed and approved by the Compensation Committee. Quatt & Associates conducted a compensation study for FDD to assist the President, CEO, and the Compensation Committee in setting and approving compensation for the other officers. Salary and bonus recommendations for other officers are documented in writing by the President and CEO, which are then provided to the Compensation Committee. The Compensation Committee's review and approval of the recommendations is included in the Compensation Committee minutes and confirmed by email. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and Form 990 are available upon request. Form 990, Part VII, Section A, Row 1, Column(D) Included in the reportable compensation for the CEO, are: - amounts related to his base compensation and annual bonus. - gross-up of a supplemental life insurance policy provided by FDD to the CEO resulting from an enhanced security risk to him. - gross-up of taxable expenses related to his temporary oversea assignment. All of these items have been reviewed and approved by the FDD's Compensation Committee. Form 990, Part IX, line 11g Research: Program service expenses 4,576,864. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,576,864. Media Advisory and Consulting: Program service expenses 174,280. Management and general expenses 0. Fundraising expenses 0. Total expenses 174,280. Security: Program service expenses 89,220. Management and general expenses 1,384,834. Fundraising expenses 4,934. Total expenses 1,478,988. Administrative Services: Program service expenses 99,727. Management and general expenses 15,484. Fundraising expenses 23,835. Total expenses 139,046. Form 990, Part XI, line 9: Exchange Rate Gain (Loss) -1,889. Form 990, Part XII, Line 2c: No change from prior year. FDD Action 1800 M Street NW Ste 800S Washington DC 200365876 832602916 Advocate for effective policies to promote U.S. national security DC 501(c)(4) Foundation for the Defense of Democracies Inc 1 0 1 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 FDD Action B 500000 Cash FDD Action J 30900 % of square footage of space FDD Action L 62963 Allocation of time sheet FDD Action N 54297 Allocation of time sheet