Bertelsmann Foundation North America

The Bertelsmann Foundation North America is an independent, non-partisan and non-profit think tank headquartered in Washington, D.C.[1] It is the U.S. arm of the Germany-based Bertelsmann Stiftung.[2]

Bertelsmann Foundation (North America), Inc.
AbbreviationBFNA
Named afterCarl Bertelsmann
PredecessorBertelsmann Stiftung, Inc.
FormationFebruary 2008 (2008-02)
FounderBertelsmann Stiftung
Type501(c)(3) organization
Registration no.71-1048702
Legal statusactive
Purposestrengthening transatlantic relations
Headquarters1108 16th Street NW, Washington, D.C., U.S.
Coordinates38°53′44″N 77°01′44″W
Irene Braam
Key people
Liz Mohn
Main organ
Board of Directors
Parent organization
Bertelsmann Stiftung
Websitewww.bfna.org

History

In 1977, Reinhard Mohn founded the Bertelsmann Stiftung, one of Germany's and Europe's largest think tanks.[3][4] Since 1993, the Bertelsmann Stiftung holds the majority of capital shares in the Bertelsmann media group.[5] In the background of the internationalization of the Bertelsmann Stiftung, the Spanish Fundación Bertelsmann was established in 1995, and the Bertelsmann Foundation North America followed in 2008.[6][7] Its primary goal was to deepen exchange between North America and Europe. The strategic and operational direction of the Bertelsmann Stiftung was set by the "Trans-Atlantic Briefing Book" published in 2008.[8] It set a roadmap for transatlantic cooperation during Barack Obama's first six months in office.[9][10]

Projects

The Bertelsmann Foundation researches economic, political, and social issues affecting North America and Europe. Its main goal is supporting the transatlantic partnership in an era of erosion in trust.[11][12] The Bertelsmann Foundation's work covered the rise of right-wing populism,[13] modern labour technologies,[14] and the Brexit,[15][16] for example. The Bertelsmann Foundation offers analysis and recommendations to its network in government, business, academia, media, and other civil society groups.[17] It hosted the Congressional Study Group on Germany and the Global Economic Symposium, for example.[18][19] Its publications include CapitolWire, the Brussels connection to capitol hill.[20] Forthermore, the Bertelsmann Foundation, together with the Bertelsmann Stiftung, created and coordinated the International Non-Profit Credit Rating Agency (INCRA).[21][22][23]

Organization

The Bertelsmann Foundation is a Delaware corporation with its registered office in Wilmington, and headquarters in Washington, D.C. It was incorporated on February 20, 2008,[24] and granted section 501(c)(3) status in September 2008.[25] The board of directors has five members: Liz Mohn, Irene Braam (Executive Director), Philipp Rösler, Stephen F. Szabo, and Wilhelm-Friedrich Uhr.[26]

According to form 990 for 2018, the Bertelsmann Foundation generated revenues of $4.2 million; the operating and administrative expenses totaled $3.8 million. Since its incorporation, the vast majority of income came from the Bertelsmann Stiftung; other contributors in previous years were the Asia Society, the Embassy of Germany, the European Commission, Google, and the Open Society Foundations.[27]

Notes and references
  1. "Company Overview". Bloomberg L.P. Retrieved June 25, 2019.
  2. "Bertelsmann Stiftung eröffnet Büro in den USA". Börsenblatt (in German). April 17, 2008. Retrieved September 10, 2020.
  3. "Liste der größten Stiftungen" (in German). Bundesverband Deutscher Stiftungen. Retrieved September 10, 2020.
  4. "New Ranking of Top 50 European Foundations Published". UK Fundraising. September 2, 2005. Retrieved September 10, 2020.
  5. 175 Years of Bertelsmann: The Legacy for Our Future (in German and English). Munich: C. Bertelsmann Verlag. 2010. p. 274. ISBN 978-3-570-10175-9.
  6. "Die Stiftung zieht's nach Washington". Neue Westfälische (in German). April 16, 2008.
  7. "Bertelsmann Foundation Launches Website". Future Challenges. December 1, 2011. Retrieved September 10, 2020.
  8. Keiner, Dieter (2009). Spetsmann-Kunkel, Martin (ed.). Gegen den Mainstream: Kritische Perspektiven auf Bildung und Gesellschaft (in German). Münster: Waxmann Verlag. p. 203. ISBN 978-3-8309-2186-8.
  9. Rosenthal, John (December 15, 2008). "What Bertelsmann Wants from Obama". PJ Media. Retrieved September 10, 2020.
  10. "Annette Heuser: Er wird Stil und Ton ändern". Wiesbadener Kurier (in German). November 6, 2008.
  11. Braam, Irene (February 25, 2017). "Atlantic Partnership Must Remain Strong". Milwaukee Journal Sentinel. Retrieved September 10, 2020.
  12. "The Erosion of the Transatlantic Trust". Euractiv. October 25, 2013. Retrieved September 10, 2020.
  13. North, Bonnie (March 14, 2017). "The Rise of Right-Wing Nationalist Political Parties in Europe". Milwaukee Public Radio. Retrieved September 10, 2020.
  14. "Artificial Intelligence and the Future of Work: Transatlantic Perspectives". Hill Happenings. April 1, 2019. Retrieved September 10, 2020.
  15. Mullan, Kevin (September 3, 2019). "'The Troubles With Brexit' Film Published Today by US Think Tank, the Bertelsmann Foundation". Derry Journal. Retrieved September 10, 2020.
  16. M. Apelblat (October 3, 2019). "Bertelsmann Stiftung and Bertelsmann Foundation North America organised a screening of 'The Troubles with Brexit'". The Brussels Times. Press Club Brussels. Retrieved September 10, 2020.
  17. "Bertelsmann Foundation (BFNA)". EU Transparency Register. Retrieved September 10, 2020.
  18. Ziener, Markus (May 26, 2008). "US-Wahlkampf: Der Kandidat an seiner Seite". Handelsblatt (in German). Retrieved August 10, 2020.
  19. "Bertelsmann Stiftung kooperiert mit Institut für Weltwirtschaft". Neue Westfälische (in German). April 19, 2011. Retrieved September 10, 2020.
  20. "The State of Play: Transparency in Extractive Industries". Yumpu. February 2012. Retrieved September 10, 2020.
  21. Mackenzie, Michael (April 16, 2020). "Non-Profit Credit Rating Agency Challenge". Financial Times. Retrieved September 10, 2020.
  22. "INCRA – Bertelsmann Foundation Releases Report on Creating an Organization for Sovereign-Debt Ratings". Union of International Associations (UIA). May 31, 2012. Retrieved September 10, 2020.
  23. Hanusch, Marek; Valler, Paul (July 10, 2015). "Should the World Bank Issue Credit Ratings?". World Bank Blogs. Retrieved September 10, 2020.
  24. "Entity Search". State of Delaware / Department of State / Division of Corporations. Retrieved July 20, 2018.
  25. "Bertelsmann Foundation". Nonprofit Explorer. Retrieved July 20, 2018.
  26. "Board of Directors". Bertelsmann Foundation. Retrieved September 10, 2020.
  27. "Bertelsmann Foundation". Charity Navigator. Retrieved September 10, 2020.
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