2022-05-03T11:02:43-05:00 2021-06-30 PricewaterhouseCoopers LLP 101 SEAPORT BLVD SUITE 500 BOSTON MA 02210 990 2020-07-01 271642647 BABSON GLOBAL INC % GAIL WILSON BABS 7812395298 231 FOREST STREET BABSON PARK MA 024570310 DAVID ABDOW PRESIDENT AND CEO 7812395298 2022-04-28 true DAVID ABDOW 999009999 GWEN SPENCER P00641463 6175305000 2022-04-13 2 2020 2022-09-23 18:48:47Z DAVID ABDOW 231 FOREST STREET BABSON PARK MA 024570310 4620069 false X BABSONGLOBAL.ORG X 2010 MA SEE SCHEDULE O 5 3 0 0 0 0 0 0 4223053 4412716 200891 207353 0 0 4423944 4620069 0 0 0 0 0 0 0 0 0 2251743 2706588 2251743 2706588 2172201 1913481 42051741 57693168 5608512 4957538 36443229 52735630 X SEE SCHEDULE O false false 1848722 0 4412716 BABSON GLOBAL WAS CREATED TO MANAGE BABSON'S GLOBAL PROJECTS AND ACTIVITIES THAT FALL OUTSIDE OF THE TRADITIONAL OFFERINGS IN UNDERGRADUATE, GRADUATE, AND EXECUTIVE EDUCATION. BASED ON THE REPUTATION, SKILLS, KNOWLEDGE, AND EXPERIENCE OF THE COLLEGE, BABSON GLOBAL DELIVERS PROGRAMS THAT EXTEND ENTREPRENEURIAL THOUGHT AND ACTION TO NEW POPULATIONS. 1848722 true false false false false false false false false true true true false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 1 0 true 0 false false false false false false false false false false false false X 5 3 false false false false false true true true true false false true true true true false false false false false MA X GAIL WILSON 7812395692 231 FOREST STREET BABSON PARK MA 02457 DAVID ABDOW President and CEO 40.0 0.0 X 0 272323 60061 ANDREW CORBETT DIRECTOR 1.2 0.0 X 0 269417 55473 BRIGITTE MUEHLMANN DIRECTOR 1.2 0.0 X 0 226843 18688 MATTHEW MCINTYRE CLERK 20.0 0.0 X 0 161286 49026 JANE EDMONDS FORMER CLERK 0.0 40.0 X 0 164051 16021 LULU GUSTAVSEN TREASURER 40.0 0.0 X 0 133511 43810 RONALD G WEINER CHAIRPERSON/DIRECTOR 1.2 0.0 X X 0 0 0 JOSEPH WINN DIRECTOR 1.2 0.0 X 0 0 0 JAMES RULLO DIRECTOR 1.2 1.2 X 0 0 0 0 1227431 243079 0 true true false BABSON COLLEGE 231 FOREST STREET BABSON PARK MA 02457 CONSULTING 1251346 OPINOMETRE SL 8-10-ATC-2 BARCELONA 0 SP 08029 RESEARCH CONSULTING 105000 2 0 SERVICE FEES 611710 4412716 4412716 4412716 207353 207353 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4620069 4412716 207353 0 0 0 0 0 0 0 0 0 0 473624 473624 0 17910 17910 0 0 0 0 80272 79001 1271 53099 40916 12183 6300 6300 0 166655 166655 3835 3835 0 0 0 0 0 0 PAYMENTS UNDER MSA 1904893 1251346 653547 2706588 1848722 857866 0 2283128 4891378 4495422 4490216 0 0 109381 0 0 0 0 0 0 0 0 0 2239328 1930455 210894 210894 0 0 32924482 46301190 0 0 0 0 0 79929 42051741 57693168 392058 249571 0 0 5216454 4377148 0 0 0 0 0 0 0 0 0 0 0 330819 5608512 4957538 X 10491864 16142045 25951365 36593585 36443229 52735630 42051741 57693168 1913481 14378920 X false true X false false X X X 1 BABSON COLLEGE 042103544 2 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false 32924482 14577860 1201152 46301190 28911709 3500000 1606586 1093813 32924482 26679361 3123701 891353 28911709 24738230 2670284 729153 26679361 15003389 7478858 2434841 178858 24738230 1.00000 false true true 210894 210894 INVESTMENTS 46301190 F 46301190 0 OPERATING LEASE LIABILITIES 80721 DUE TO BABSON COLLEGE 250098 330819 SCHEDULE D, PART V, LINE 3A(II) THE ENDOWMENT FUNDS OF BABSON GLOBAL ARE INTENDED TO SUPPORT BABSON GLOBAL'S MISSION OF DELIVERING PROGRAMS THAT EXTEND ENTREPRENEURIAL THOUGHT AND ACTION TO NEW POPULATIONS THROUGHOUT THE WORLD. false false false false false false false false false LULU GUSTAVSEN TREASURER 0 133322 0 0 0 189 0 10296 0 33514 0 177321 0 0 JANE EDMONDS FORMER CLERK 0 163285 0 0 0 766 0 11716 0 4305 0 180072 0 0 MATTHEW MCINTYRE CLERK 0 160866 0 0 0 420 0 12996 0 36030 0 210312 0 0 DAVID ABDOW President and CEO 0 271025 0 0 0 1298 0 22929 0 37132 0 332384 0 0 ANDREW CORBETT DIRECTOR 0 255847 0 0 0 13570 0 21195 0 34278 0 324890 0 0 BRIGITTE MUEHLMANN DIRECTOR 0 224440 0 0 0 2403 0 17463 0 1225 0 245531 0 0 SCHEDULE J, PART I, LINE 3 ALL EMPLOYEES WERE COMPENSATED BY A RELATED ORGANIZATION WHILE THEY SERVED AS OFFICERS OF THE ORGANIZATION DURING THE FISCAL YEAR. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION SURVEYS - COMPENSATION COMMITTEE - APPROVAL BY THE COMPENSATION COMMITTEE FORM 990, PART I, LINE 1 AND PART III LINE 1 DESCRIPTION OF ORGANIZATION MISSION BABSON GLOBAL, INC. (THE "ORGANIZATION") WAS FORMED ON JANUARY 7, 2010 EXCLUSIVELY TO PERFORM INTERNATIONALLY AND TO CARRY OUT CERTAIN EDUCATIONAL PURPOSES OF, AND OTHERWISE ADVANCE AND SUPPORT THE EDUCATIONAL OBJECTIVES OF BABSON COLLEGE, A MASSACHUSETTS NON-PROFIT EDUCATIONAL CORPORATION ("BABSON") PARTICULARLY WITH THE OBJECTIVE OF DEMOCRATIZING GLOBAL ENTREPRENEURSHIP. FORM 990, PART VI , SECTION A, LINE 7A BABSON COLLEGE, A RELATED ORGANIZATION, IS A MEMBER AND CAN ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B BABSON COLLEGE APPROVES GOVERNING BODY DECISIONS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED INTERNALLY AND REVIEWED BY MANAGEMENT AND PRICEWATERHOUSECOOPERS, LLP ("PWC"). THE FULL 990 RETURN IS THEN REVIEWED BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE. THE FINAL FORM 990 IS THEN MADE AVAILABLE TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. PWC SIGNS THE RETURN AS PAID PREPARER. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL DIRECTORS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE AND STATEMENT OF COMPLIANCE. THEIR RESPONSE TO THE QUESTIONNAIRE IS REVIEWED BY MANAGEMENT. IN ADDITION, PAYROLL AND VENDOR FILES ARE REVIEWED FOR THE EXISTENCE OF TRANSACTIONS WITH RELATED PARTIES. IF A CONFLICT OCCURS, THE BOARD MEMBER WILL RECUSE HIM OR HERSELF FROM ANY MATTERS RELATING TO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 13 AND 14 CERTAIN DIRECTORS AND OFFICERS OF BABSON GLOBAL ALSO SERVE AS OFFICERS AND DIRECTORS OF BABSON COLLEGE. IN THAT CAPACITY THEY ARE BOUND BY THE POLICIES OF BABSON COLLEGE. THESE POLICIES HAVE NOT BEEN APPROVED BY THE BOARD OR A COMMITTEE OF THE BOARD OF DIRECTORS OF BABSON GLOBAL, INC. FORM 990, PART VI, SECTION B, LINE 15 THE CEO AND OFFICERS OF BABSON GLOBAL, INC, ARE COMPENSATED BY BABSON COLLEGE. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION SURVEYS - COMPENSATION COMMITTEE - APPROVAL BY THE COMPENSATION COMMITTEE FORM 990, PART VI, SECTION C, LINE 19 BABSON GLOBAL DOES NOT MAKE AVAILABLE TO THE PUBLIC OUR CONFLICT OF INTEREST POLICY, OR OTHER GOVERNING DOCUMENTS. FINANCIAL STATEMENTS ARE AVAILABLE AS PART OF THE ORGANIZATION'S FILING WITH THE MA ATTORNEY GENERAL. BABSON COLLEGE 231 FOREST STREET BABSON PARK MA 02457 042103544 EDUCATIONAL MA 501(C)(3) LINE 2 false CHARITABLE REMAINDER UNITRUST (2) FUNDRAISING MA BABSON COLLEGE TRUST false false true false false false false false false false false false true true false false false false false