EIN 13-5266965

National Foreign Trade Council (NFTC)

IRS 501(c) type
501(c)(6)
Num. employees
12
Year formed
1937
Most recent tax filings
2023-04-01
NTEE code, primary
Description
The National Foreign Trade Council (NFTC) is the premier business organization advocating a rules-based world economy and the only national business organization that exclusively advocates the international and public policy priorities of its members.
Total revenues
$3,622,470
2023
Total expenses
$2,707,756
2023
Total assets
$3,915,123
2023
Num. employees
12
2023

Program areas at NFTC

The Council provides its members with comprehensive services, including participation in various committees and working groups focused on international Trade, tax policies, supply chain management, and National security matters. These committees play a pivotal role in formulating positions on crucial Trade, tax, investment, and economic issues and coordinating advocacy efforts on behalf of the Council. Furthermore, the Council offers valuable information services to its members through email notifications and Trade and tax matters publications. Email updates keep senior management of member companies abreast of significant developments impacting u.s. international business, Council stances on critical legislative matters, and forthcoming events of particular significance. Moreover, longer briefs and public comments provided by Council committee members and staff reflect their expertise in the field. Trade and tax matters is a weekly compilation of nftc activities and events featuring summaries of pertinent news stories from leading publications. Thus, it provides members comprehensive insights into ongoing developments and the Council's engagements.
The Council's committees convene periodically for varying durations, often including sessions over breakfast and lunch, to fulfill their responsibilities. Certain committees operate in a hybrid capacity due to the dispersed nature of participants across the united states and around the globe.
Nftc led a unique coalition on National security and competitiveness issues. Building on nftc's history of leadership on export controls and sanctions issues, its alliance will help lead business community engagement on National security and competitiveness and serve as a partner to the government to inform policymaking. Throughout the fiscal year, the Council maintained its leadership role in addressing various international tax policy issues. These efforts encompassed engagement with international organizations to influence global tax policy discussions, collaboration with the administration and congress to shape u.s. tax legislation and regulations pertaining to international investment and Trade, and ongoing leadership in negotiating bilateral tax treaties. The Council continued to lead engagement through its special project on the world Trade organization and the organization for economic cooperation and development to facilitate successful multilateral Trade negotiations and policy initiatives. All these initiatives have provided invaluable information and support to many of our member companies with international operations. Moreover, the Council intensified its efforts in global supply chain policies to enhance transparency and predictability in import requirements. Balancing the roles of government enforcement and private sector involvement through partnership and risk management principles, these efforts aim to promote compliance with u.s. Trade laws and bolster supply chain resilience, ultimately facilitating the efficient provision of products and services.

Personnel at NFTC

NameTitleCompensation
Anne GordonVice President, International Tax Policy$128,784
Jeannette ChuVice President, National Security Policy
Richard SawayaVice President$150,382
Tiffany SmithVice President , Global Trade Policy$212,193
Hua WangExecutive Director, Global Innovation Forum Gif
...and 11 more key personnel

Financials for NFTC

RevenuesFYE 04/2023
Total grants, contributions, etc.$0
Program services$3,352,917
Investment income and dividends$807
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$268,746
Total revenues$3,622,470

Form 990s for NFTC

Fiscal year endingDate received by IRSFormPDF link
2023-042024-03-15990View PDF
2022-042023-03-14990View PDF
2021-042022-03-15990View PDF
2020-042021-03-13990View PDF
2019-042021-03-12990OView PDF
...and 8 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 4 new personnel
January 24, 2024
Updated personnel
Identified 2 new personnel
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 15, 2023
Updated personnel
Identified 1 new personnel
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Trade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Foreign affairsInternational developmentBusiness and industry
Characteristics
MembershipsPolitical advocacy
General information
Address
1225 New York Ave NW Suite 650b
Washington, DC 20005
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
nftc.org/ 
Phone
(212) 399-7128
Facebook page
national-foreign-trade-council 
Twitter profile
@nftc 
IRS details
EIN
13-5266965
Fiscal year end
April
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Central organization
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