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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Romanian-American Foundation

Romanian-American Foundation

Fiscal year ending 2024. Filed on November 11, 2025.

227 Inwood Avenue
Montclair, New Jersey 07043

Romanian-American Foundation (EIN: 93-2369284) has filed an IRS Form 990 since fiscal year 2023. In its fiscal year 2024 IRS Form 990 filing, Romanian-American Foundation, a 501(c)(4) civic league or social welfare organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $63,394. The highest compensated employee at Romanian-American Foundation is Roxana Vitan with fiscal year 2024 compensation of $104,756. Romanian-American Foundation changed its name from Raf New Inc. in 2024.

Revenue, expenses, and employee compensation

Revenue

$170,796,519

Expenses

$7,779,441

Employee compensation

$80,000
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Roxana Vitan
President
$104,756
$0 No related comp$104,756
Bogdan Giurginca
Chief Financial Officer and Treasurer
$71,457
$0 No related comp$71,457
Suzana Dobre
Vice President, Strategy and Programs
$13,968
$0 No related comp$13,968
Emily Grand
Assistant Corporate Secretary
$0
Arthur Hickok
Corporate Secretary
$0

Benchmark Employee Compensation

Non-Employee Board Members

Adrian Ionescu
Trustee
Andreea Rosca
Trustee
Bogdan Vernescu
Chair
Christopher Worman
Trustee
Cristian Nacu
Trustee
Dinu-Mihail Bumbacea
Trustee
Gary Hattem
Trustee
James J Jackson
Trustee
Joyce S Kline
Trustee
Kristina Perkin Davison
Trustee
Krystyna Wolniakowski
Trustee
Magdalena Manea
Vice Chair

Contractors

Sei
Investment Advisory in Us
$595,896
Babson College
Programmatic in U.S
$179,759
Baker Hostetler
Legal in Us
$172,166
Harvard Graduate School of Education
Programmatic in U.S
$160,000

Mission Statement

TO STRENGTHEN AND PROMOTE CONDITIONS FOR A SUSTAINABLE MARKET ECONOMY AND A DEMOCRATIC SOCIETY THAT PROVIDES ACCESS TO OPPORTUNITY FOR ALL SEGMENTS OF THE ROMANIAN SOCIETY.

Revisions to this organization profile

November 11, 2025:
2024 Romanian-American Foundation 990 filed
October 21, 2024:
2023 Romanian-American Foundation 990 filed

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New York, New York