The Maureen and Mike Mansfield Foundation FY2024 filing

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The Maureen and Mike Mansfield Foundation is an independent 501(c)3 organization that promotes understanding and cooperation among the nations and peoples of asia and the united states. Maureen and Mike mansfield's values, ideals and vision for u.s.-asia relations continue through the foundation's exchanges, dialogues and publications, which create networks among u.s. And asian leaders, explore the underlying issues influencing public policies, and increase awareness about the nations and peoples of asia. The Foundation receives support from individuals, corporations and philanthropic organizations. IT also provides support to the Maureen and Mike Mansfield center at the university of montana.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$422K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $82K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$422K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
7 mo
of spending, in cash
Plus $14.7M in investments, Pt X · Ln 11–13
Looks good: 7.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $173K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$5.3M
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.8M
-0.6% vs prior year
Spent
$4.3M
To programs
76%
Net assets
$13.7M
By yearFY2021–FY2025
Revenue
$3.8M
FY2024▼ -0.6%
Tap a bar for its year
Revenue by fiscal year
FY2021$4.5M
FY2022$2.8M
FY2023$3.9M
FY2024$3.8M
FY2025$4.4M
Expenses
$4.3M
FY2024▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.9M
FY2022$3.2M
FY2023$4.7M
FY2024$4.3M
FY2025$5.0M
Net assets
$13.7M
FY2024▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2021$14.8M
FY2022$12.3M
FY2023$12.9M
FY2024$13.7M
FY2025$14.0M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1983.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $3.3M Management & general 21% · $881K Fundraising 3% · $145K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990; $422K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$231,341Pt VII · Sec A
Vice President
$190,469Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Frank S Jannuzi’s $245K as President is at the 87th percentile of top reported officer pay among 1168 $1–10M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Frank S Jannuzi$245,125$231,341$215,663$207,524$209,559
Benjamin Self—$190,469$133,532$124,360$122,294
Sara Harriger$116,500————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Maureen and Mike Mansfield Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fosters understanding and collaboration on U.S.-Asia relations.

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3 programs · $3.2M · in their own filed words · FY2023
01

Mike Mansfield Fellowships

1 year exchange program designed to build a corp of U.S. Fed gov't employees with substantive japan expertise who can be an asset to united states agencies on japan-related programs & policies.

$1.8Mprogram expense
02

Conferences & retreats dealing with asian and american issues.

$1.3Mprogram expense
03

Project to forge stronger political relationships among current and rising leaders in washington, D.C, and seoul

$79Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 5 grants · $835K · 2020–2024
The Mansfield Center at the University of MontanaFY2024$196,133
The Mansfield Center at the University of MontanaFY2023$97,057
The Mansfield Center at the University of MontanaFY2022$196,217
The Mansfield Center at the University of MontanaFY2021$179,200
The Mansfield Center at the University of MontanaFY2020$166,604

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2024 · $1.8M federal money spent
Professional and Cultural Exchange Programs - Citizen ExchangesDepartment of State · ALN 19.415 · Direct$1.6M
Public Diplomacy ProgramsDepartment of State · ALN 19.040 · Direct$146K
Japan US Friendship CommissionOther federal agency · ALN 99.000 · Direct$10K

The auditor reported 1 finding: a material weakness in money controls.

Year ending Jun 2023 · $1.9M federal money spent
Professional and Cultural Exchange Programs - Citizen ExchangesDepartment of State · ALN 19.415 · Direct$1.6M
Public Diplomacy ProgramsDepartment of State · ALN 19.040 · Direct$184K
Japan US Friendship CommissionOther federal agency · ALN 99.000 · Direct$150K

The auditor reported no findings.

Year ending Jun 2022 · $1.3M federal money spent
Professional and Cultural Exchange Programs - Citizen ExchangesDepartment of State · ALN 19.415 · Direct$1.2M
Public Diplomacy ProgramsDepartment of State · ALN 19.040 · Direct$42K
Japan US Friendship CommissionOther federal agency · ALN 99.000 · Direct$25K

The auditor reported no findings.

Year ending Jun 2020 · $1.5M federal money spent
Professional and Cultural Exchange Programs - Citizen ExchangesDepartment of State · ALN 19.415 · Direct$1.3M
Public Diplomacy ProgramsDepartment of State · ALN 19.040 · Direct$95K
Japan US Friendship CommissionOther federal agency · ALN 99.000 · Direct$53K

The auditor reported 1 finding: a weakness in money controls.

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.8M
Ln 12
Gifts and grantsLn 1h$3.1M
Investment incomeLn 3$424K
Fees for servicesLn 2g$140K
Money outPt IX
$4.3M
Ln 25
Programscol B$3.3M
Managementcol C$881K
Fundraisingcol D$145K
Owns and owesPt X
$13.7M
net assets · Ln 32
Cash and savingsLn 1–2$2.5M
Total assetsLn 16$19.0M
LiabilitiesLn 26$5.3M
PeoplePt VI, VII
21
listed · VII A
PaidVII A2
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.1M
Government grantsLn 1e$1.8M
Fees for servicesLn 2g$140K
Investment incomeLn 3$424K
Other incomeLn 4–11$128K
Gains on assetsLn 7$123K
Total revenueLn 12$3.8M
Assets in detailPt X, end of year
CashLn 1$635
SavingsLn 2$2.5M
Cash and savings togetherLn 1–2$2.5M
Pledges and grants receivableLn 3$358K
Accounts receivableLn 4$53K
Prepaid expenses and deferred chargesLn 9$153K
Land, buildings, equipmentLn 10c$12K
InvestmentsLn 11–13$14.7M
Other assetsLn 15$1.3M
Total assetsLn 16$19.0M
LiabilitiesLn 26$5.3M
Net assetsLn 32$13.7M
OperationsPt I, VI
EmployeesI 522
VolunteersI 618
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY24FY23FY22FY21FY20
End of yearLn 1g$12.4M$12.4M$12.1M$14.7M$11.5M
Given inLn 1b$52$4K$2K$52K
SpentLn 1d–1f$565K$756K$526K$571K$438K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$5.2M$2.5M
InvestmentsLn 11–13$14.2M$14.7M
Land, buildings, equipmentLn 10c$14K$12K
Total assetsLn 16$21.5M$19.0M
LiabilitiesLn 26$8.6M$5.3M
Net assetsLn 32$12.9M$13.7M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$97K$97K
Pay of current officers, directors and key staffLn 5$422K$422K
Other salaries and wagesLn 7$950K$250K$626K$75K
Pension plan contributionsLn 8$68K$34K$30K$4K
Other employee benefitsLn 9$191K$95K$83K$12K
Payroll taxesLn 10$118K$66K$45K$6K
Legal feesLn 11b$9K$9K
Accounting feesLn 11c$49K$6K$43K
Lobbying feesLn 11d$8K$8K
Investment management feesLn 11f−$41K−$41K
Other fees for servicesLn 11g$30K$21K$9K
Advertising and promotionLn 12$12K$12K
Office expensesLn 13$724K$107K$618K
OccupancyLn 16$226K$87K$131K$8K
TravelLn 17$832K$789K$43K$413
Conferences, conventions and meetingsLn 19$14K$997$13K
InterestLn 20$25$25
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$14K$14K
Other expenses (24a–d)Ln 24$571K$1.3M−$742K$39K
Total functional expensesLn 25$4.3M$3.3M$881K$145K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 13, 2026 $4.4M$5.0M−$545K$14.0M 990 PDF
FY2024 ViewingFiled with the IRS May 15, 2025 $3.8M$4.3M−$466K$13.7M 990 PDF
FY2023Filed with the IRS Nov 14, 2023 $3.9M$4.7M−$806K$12.9M 990 PDF
FY2022Filed with the IRS Dec 21, 2022 $2.8M$3.2M−$352K$12.3M 990 PDF
FY2021Filed with the IRS Nov 10, 2021 $4.5M$1.9M$2.6M$14.8M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $3,829,137 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,461,030$3,136,829
I-9 Program service revenuePrior year $352,629$140,172
I-10 Investment incomePrior year $37,249$424,499
I-11 Other revenuePrior year $0$127,637
I-12 Total revenuePrior year $3,850,908$3,829,137
I-13 Grants and similar amounts paidPrior year $196,217$97,057
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,683,660$1,749,328
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,776,570$2,448,294
I-18 Total expensesPrior year $4,656,447$4,294,679
I-19 Revenue less expensesPrior year −$805,539−$465,542
Part VI · Governance 18 of 18 board members independent, no flags
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,829,137 across 9 lines filed
VIII-1b Membership dues$281,500
VIII-1e Government grants$1,789,707
VIII-1f All other contributions, gifts and grants$1,065,622
VIII-1h Total contributions, gifts and grants$3,136,829
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $140,172$140,172
VIII-3 Investment incomeExcluded from tax $301,522$301,522
VIII-7 Net gain or loss on sales of assetsExcluded from tax $122,977$122,977
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $127,637$127,637
VIII-12 Total revenueRelated to mission $267,809 · Unrelated business $0 · Excluded from tax $424,499$3,829,137
Part IX · Statement of functional expenses $4,294,679 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $97,057$97,057
IX-5 Pay of current officers, directors and key staffPrograms $421,810$421,810
IX-7 Other salaries and wagesPrograms $249,614 · Management $626,031 · Fundraising $74,853$950,498
IX-8 Pension plan contributionsPrograms $34,182 · Management $29,873 · Fundraising $4,444$68,499
IX-9 Other employee benefitsPrograms $95,170 · Management $83,172 · Fundraising $12,373$190,715
IX-10 Payroll taxesPrograms $66,295 · Management $45,323 · Fundraising $6,188$117,806
IX-11b Legal feesManagement $8,531$8,531
IX-11c Accounting feesPrograms $6,000 · Management $42,600$48,600
IX-11d Lobbying feesPrograms $8,015$8,015
IX-11f Investment management feesManagement −$40,742−$40,742
IX-11g Other fees for servicesPrograms $20,891 · Management $8,709$29,600
IX-12 Advertising and promotionPrograms $12,000$12,000
IX-13 Office expensesPrograms $106,650 · Management $617,711$724,361
IX-16 OccupancyPrograms $86,970 · Management $130,891 · Fundraising $7,686$225,547
IX-17 TravelPrograms $788,844 · Management $43,051 · Fundraising $413$832,308
IX-19 Conferences, conventions and meetingsPrograms $997 · Management $12,943$13,940
IX-20 InterestManagement $25$25
IX-22 Depreciation, depletion and amortizationManagement $1,735$1,735
IX-23 InsuranceManagement $13,768$13,768
IX-24 Other expenses (24a–d)Programs $1,273,496 · Management −$742,302 · Fundraising $39,412$570,606
IX-25 Total functional expensesPrograms $3,267,991 · Management $881,319 · Fundraising $145,369$4,294,679
Part X · Balance sheet $19,029,847 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $611$635
X-2 Savings and temporary cash investmentsStart of year $5,172,720$2,509,762
X-3 Pledges and grants receivableStart of year $393,735$358,107
X-4 Accounts receivableStart of year $27,358$53,263
X-9 Prepaid expenses and deferred chargesStart of year $272,843$153,110
X-10c Land, buildings and equipment, netStart of year $13,743$12,009
X-12 Other securitiesStart of year $14,205,533$14,670,225
X-15 Other assetsStart of year $1,426,920$1,272,736
X-16 Total assetsStart of year $21,513,463$19,029,847
X-17 Accounts payable and accrued expensesStart of year $1,345,960$986,409
X-19 Deferred revenueStart of year $643,846$485,729
X-25 Other liabilitiesStart of year $6,614,521$3,816,905
X-26 Total liabilitiesStart of year $8,604,327$5,289,043
X-27 Net assets without donor restrictionsStart of year $1,474,198$696,854
X-28 Net assets with donor restrictionsStart of year $11,434,938$13,043,950
X-32 Total net assets or fund balancesStart of year $12,909,136$13,740,804
X-33 Total liabilities and net assetsStart of year $21,513,463$19,029,847
Part XI · Reconciliation of net assets $13,740,804 net assets at year end
XI-1 Total revenue$3,829,137
XI-2 Total expenses$4,294,679
XI-3 Revenue less expenses−$465,542
XI-4 Net assets at start of year$12,909,136
XI-5 Net unrealized gains (losses) on investments$1,297,210
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$13,740,804

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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