National Endowment for Democracy
SEE SCHEDULE O
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$106.5M
-15.5% YoY
Annual Giving
$150.3M
-3.9% YoY
Grant Count
78
-11.4% YoY
Avg Grant Size
$1.9M
+8.4% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $106,498,091 | $126,077,130 | $107,359,443 |
| Revenue | $356,168,378 | $363,001,576 | $322,186,225 |
| Expenses | $355,484,414 | $363,214,993 | $322,805,657 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $237,918 | $78,186 | $86,122 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
367 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does National Endowment for Democracy fund?
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- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MR KENNETH WOLLACK | CHAIRMAN | 2.5 | — |
| THE HONORABLE DAVID E SKAGGS | CO-VICE CHAIR | 2.5 | — |
| THE HONORABLE PETER J ROSKAM | CO-VICE CHAIR | 2.5 | — |
| AMBASSADOR JENDAYI FRAZER | SECRETARY/VICE CHAIR | 2.5 | — |
| MARLENE COLUCCI ESQ | TREASURER | 2.5 | — |
| MS JESSICA ADELMAN | DIRECTOR | 2 | — |
| MR STUART APPELBAUM | DIRECTOR | 1 | — |
| MS ANNE APPLEBAUM | DIRECTOR | 1 | — |
| AMBASSADOR LILIANA AYALDE | DIRECTOR | 1 | — |
| DR ALYSSA AYRES | DIRECTOR (AS OF 01/2024) | 1 | — |
| THE HONORABLE STEVE E BIEGUN | DIRECTOR | 1 | — |
| MS ROXANNE BROWN | DIRECTOR | 1 | — |
| MR SCOTT CARPENTER | DIRECTOR | 1 | — |
| MR JOAQUIN CASTRO | DIRECTOR | 1 | — |
| DR VICTOR CHA PHD | DIRECTOR | 1 | — |
| AMBASSADOR KELLEY E CURRIE | DIRECTOR | 1 | — |
| MS ELIZABETH ECONOMY | DIRECTOR (AS OF 03/2024) | 1 | — |
| AMBASSADOR DANIEL FRIED | DIRECTOR | 1 | — |
| MS AMANEY JAMAL | DIRECTOR | 1 | — |
| DR RACHEL KLEINFELD | DIRECTOR | 1 | — |
| THE HONORABLE MEL MARTINEZ | DIRECTOR | — | — |
| AMBASSADOR VICTORIA NULAND | DIRECTOR (AS OF 09/2024) | 1 | — |
| MR DAYTON OGDEN | DIRECTOR | 1 | — |
| DR MINXIN PEI | DIRECTOR | 1 | — |
| MR MARC PLATTNER | DIRECTOR | 1 | — |
| DR NADIA SCHADLOW | DIRECTOR | 1 | — |
| THE HONORABLE ELISE STEFANIK | DIRECTOR | 1 | — |
| DR SCOTT D TAYLOR | DIRECTOR | 1 | — |
| MR JUAN ZARATE | DIRECTOR (AS OF 03/2024) | 1 | — |
| MR DAMON WILSON | PRESIDENT & CEO | 40 | $395,874 |
| MR MAJU VARGHESE | CHIEF OPERATING OFFICER (THRU 10/23) | 40 | $239,366 |
| MS REBECCA VARGHESE | CHIEF FINANCIAL OFFICER | 40 | $162,579 |
| SHEILA CROWLEY | COO (AS OF 04/24) | 40 | — |
| MR BRIAN JOSEPH | VP, PROGRAMS | 40 | $246,909 |
| MR CHRISTOPHER T WALKER | VP, STUDIES AND ANALYSIS | 40 | $235,293 |
| MS NANCY HERZOG | VP, GRANT OPERATIONS AND EVAL. | 40 | $236,136 |
| MR WILLIAM DOBSON | CO-EDITOR | 40 | $213,873 |
| MS KIRSTEN MADISON | VP, GOVERNMENT RELATIONS | 40 | $228,106 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
District of Columbia $520.1M (94%)
New York $11.6M (2%)
California $7.7M (1%)
Florida $6.4M (1%)
Virginia $2.9M (1%)
Maryland $1.5M (0%)
Minnesota $1.4M (0%)
Texas $752K (0%)
+13 more states
States
Cities
AlexandriaAnnandaleArlingtonAshburnBensonBerkeleyBethesdaBoca RatonBrooklynCambridgeCollege StationColorado SpringsColumbiaConcordCoral GablesEl DoralElmhurstFairfaxFalls ChurchFresno
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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