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Council on Foreign Relations

The Council on Foreign Relations (CFR) is a nonpartisan, independent U.S. membership organization and think tank founded in 1921 and based in New York, which has published Foreign Affairs since 1922 and takes no institutional positions on policy; Michael FromanMichael FromanMichael Froman is an American trade official and executive who served as U.S. Trade Representative from 2013 to 2017, concluding negotiations on the Trans-Pacific Partnership, after serving as deputy national security adviser for international economics; a former vice chairman of Mastercard, he became the 15th president of the Council on Foreign Relations in 2023.Open the full entry has been its 15th president since 2023.

Contents11 sections
Key facts

Founded in New York

The Council on Foreign Relations says it was founded in 1921 as a nonpartisan, independent national membership organization, think tank, educator and publisher, with a mission to inform U.S. engagement with the world; it takes no institutional positions on policy issues.⁠[1][2]

Launching Foreign Affairs

Foreign Affairs has been published by the Council since 1922. The 2023 annual report said the magazine marked its centennial in 2022, had more than 200,000 print subscribers, published bimonthly in print with a daily website, and produced the podcast The Foreign Affairs Interview.⁠[1][2]

The Corporate Program

The Council’s Corporate Program was founded in 1953 with 25 members and now has more than 120 global member companies at Gold, Silver and Bronze levels.⁠[2][3]

1967 and 1970: International Affairs Fellowship and Term Membership

The Council created its International Affairs Fellowship in 1967, with some 650 fellows by 2023, and established the Stephen M. Kellen Term Member Program in 1970 for people aged 28 to 36, who serve five-year terms.⁠[2][3]

Richard Haass as President

Richard Haass was president from 2003 until he stepped down in June 2023. The 2023 annual report said that during his tenure the endowment grew from $130 million in 2003 to more than $565 million, nearly 300 fellows took part in the Council’s programs and the Richard Haass Center for Education received more than $40 million in commitments; it was his twentieth and final annual report.⁠[4][2]

At the end of fiscal 2023 (June 30, 2023), membership had grown from 5,172 to 5,234, with term members nearly 18% of the total.⁠[2]

March 1–July 1, 2023: Michael Froman Becomes the 15th President

On March 1, 2023 the Council announced that its board had unanimously approved former U.S. Trade Representative Michael Froman as its fifteenth president, after a search committee co-chaired by Jami Miscik and Blair Effron. Mastercard said Froman would take up the role on July 1.⁠[4][5]

After stepping down Haass became the Council’s president emeritus, and in 2025 he was appointed a Distinguished University Scholar at NYU’s School of Professional Studies.⁠[6]

Japanese Honors for the President and a Senior Fellow

The Council announced that President Froman and Senior Fellow Sheila A. Smith had received Japanese decorations for advancing U.S.-Japan relations and mutual understanding.⁠[7]

The President’s Essay on China Draws Attention

CFR president Froman wrote in Foreign Affairs in August 2026 that the world’s ability to absorb Chinese overcapacity was “approaching a breaking point,” that curbs on Chinese exports could trigger a global economic crisis, and that the cleanup would likely fall on the United States and the institutions it anchors.⁠[8]

Organization and Leadership

The Council is headquartered at 58 East 68th Street in New York, with an office at 1777 F Street NW in Washington. Its think tank, the David RockefellerDavid RockefellerDavid Rockefeller (1915–2017) was an American banker and philanthropist and the youngest son of John D. Rockefeller Jr. He worked at Chase Manhattan Bank for 35 years, serving as chairman and chief executive officer from 1969 to 1981; he led institutions including The Rockefeller University and the Council on Foreign Relations for many years and co-founded the Trilateral Commission in 1973.Open the full entry Studies Program, has more than seventy full-time and adjunct fellows; Shannon K. O’Neil is senior vice president and director of studies, and Daniel Kurtz-Phelan is editor of Foreign Affairs.⁠[1][9][10]

The board is chaired by David M. Rubenstein, with Sylvia Mathews Burwell and Blair W. Effron as vice chairs, Robert E. Rubin and Carla A. Hills as chairmen emeriti and President Froman as an ex officio member. Members are Life or Term members, elected twice a year by the Board of Directors.⁠[11][3]

Related Organizations, Websites, and Public Accounts

Council on Foreign Relations: Official website: https://www.cfr.org/ (opens in a new window)⁠[1]

Sources

  1. About CFR (opens in a new window)
  2. Council on Foreign Relations Annual Report 2023 (opens in a new window)
  3. Membership (opens in a new window)
  4. Council on Foreign Relations Announces Michael Froman Will Serve as New President (opens in a new window)
  5. Mastercard Vice Chair Mike Froman to serve as president, Council on Foreign Relations (opens in a new window)
  6. Richard Haass (opens in a new window)
  7. CFR President and Senior Fellow Awarded Prestigious Japanese Honors (opens in a new window)
  8. China’s export shock is pushing the global economy to a breaking point, and the U.S. may have to clean up the mess, former trade official says (opens in a new window)
  9. Think Tank (opens in a new window)
  10. CFR Leadership (opens in a new window)
  11. Board of Directors (opens in a new window)