BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC (EIN 13-1606002)
Tax period: 2019-09-01 to 2020-08-31
Filed: 2021-07-13
IRS object ID: 202101949349301450
Schema version: 2019v5.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule F
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-07-13T10:28:12-05:00	ReturnTs
Tax Period End	2020-08-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	112479467	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RICHARD BROWN	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	69 PRITCHARD COURT	AddressLine1Txt
City	FISHKILL	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	12524	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-09-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	131606002	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BELGIAN AMERICAN EDUCATIONAL FOUNDATION	BusinessNameLine1Txt
Business Name Line2	INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	BELG	BusinessNameControlTxt
Phone	2037775765	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	195 CHURCH STREET	AddressLine1Txt
City	NEW HAVEN	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06510	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DR EMILE L BOULPAEP	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	2034854055	PhoneNum
Signature	2021-07-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RICHARD BROWN	PreparerPersonNm
PTIN	P01219038	PTIN
Phone	5163845056	PhoneNum
Preparation	2021-07-13	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DR EMILE L BOULPAEP	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	96 POND MEADOW ROAD	AddressLine1Txt
City	KILLINGWORTH	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06419	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$30,966,931	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.BAEF.BE	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1920	FormationYr
Legal Domicile State	DE	LegalDomicileStateCd
Activity Or Mission	GRADUATE & POSTGRADUATE EXCHANGE FELLOWSHIP PROGRAM BETWEEN THE UNITED STATES AND BELGIUM.	ActivityOrMissionDesc
Voting Members Governing Body	15	VotingMembersGoverningBodyCnt
Voting Members Independent	15	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	1	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$2,469,527	PYContributionsGrantsAmt
CY Contributions Grants	$2,221,621	CYContributionsGrantsAmt
PY Program Service Revenue	$206,525	PYProgramServiceRevenueAmt
CY Program Service Revenue	$123,593	CYProgramServiceRevenueAmt
PY Investment Income	$10,499,575	PYInvestmentIncomeAmt
CY Investment Income	$10,183,932	CYInvestmentIncomeAmt
PY Other Revenue	-$24,116	PYOtherRevenueAmt
CY Other Revenue	$69,941	CYOtherRevenueAmt
PY Total Revenue	$13,151,511	PYTotalRevenueAmt
CY Total Revenue	$12,599,087	CYTotalRevenueAmt
PY Grants And Similar Paid	$3,966,457	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$3,955,651	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$138,901	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$143,780	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$65,640	CYTotalFundraisingExpenseAmt
PY Other Expenses	$884,716	PYOtherExpensesAmt
CY Other Expenses	$674,468	CYOtherExpensesAmt
PY Total Expenses	$4,990,074	PYTotalExpensesAmt
CY Total Expenses	$4,773,899	CYTotalExpensesAmt
PY Revenues Less Expenses	$8,161,437	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$7,825,188	CYRevenuesLessExpensesAmt
Total Assets BOY	$139,679,679	TotalAssetsBOYAmt
Total Assets EOY	$148,416,078	TotalAssetsEOYAmt
Total Liabilities BOY	$613,239	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$595,646	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$139,066,440	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$147,820,432	NetAssetsOrFundBalancesEOYAmt
Mission	THE BAEF IS ENGAGED IN FOSTERING THE HIGHER EDUCATION OF DESERVING BELGIANS AND AMERICANS THROUGH ITS EXCHANGE FELLOWSHIP PROGRAM	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$4,114,839	ExpenseAmt
Grant	$3,955,651	GrantAmt
Revenue	$123,593	RevenueAmt
Desc	GRADUATE FELLOWSHIP PROGRAM- FOR FISCAL YEAR ENDED AUGUST 31, 2020 THE FOUNDATION AWARDED A TOTAL OF 87 PAID FELLOWSHIPS CONSISTING OF $2,035,450 IN STIPENDS AND $1,920,201 IN TUITION AND FEES FOR GRADUATE STUDY AND RESEARCH IN THE U.S AND BELGIUM.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	IINSTITUTIONAL GRANTS, PRIZES AND AWARDSTHERE WERE NO GRANTS, PRIZES OR AWARDS MADE IN THE FISCAL YEAR ENDED AUGUST 31, 2020	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$4,114,839	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (1)	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	4	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	BE	ForeignCountryCd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	15	GoverningBodyVotingMembersCnt
Independent Voting Member	15	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	Yes (1)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CT	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DR EMILE L BOULPAEP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2037775765	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	195 CHURCH STREET	AddressLine1Txt
City	NEW HAVEN	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06510	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
DR MARYAN AINSWORTH
DIRECTOR	0.00	Yes (X)	$0	$0	$0
CHEVALIER EMILE L BOULPAEP
CHAIRMAN, PRES. & DIRECTOR	20.00	Yes (X)	$0	$0	$0	Yes (X)
COMTE DIEGO DU MONCEAU DE BERGENDAL
DIRECTOR	0.00	Yes (X)	$0	$0	$0
MRS SUSAN FRIBERG
DIRECTOR	0.00	Yes (X)	$0	$0	$0
MR FILIP MOERMAN
DIRECTOR	0.00	Yes (X)	$0	$0	$0
BARON DANIEL JANSSEN
DIRECTOR	0.00	Yes (X)	$0	$0	$0
LGILLES SION ESQ
SECRETARY, DIRECTOR	2.00	Yes (X)	$0	$0	$0	Yes (X)
DIRK WAUTERS
DIRECTOR	0.00	Yes (X)	$0	$0	$0
PROFESSOR JACQUES WILLEMS
DIRECTOR	0.00	Yes (X)	$0	$0	$0
PROF DR MARCEL CROCHET
VICE-PRESIDENT, DIRECTOR	5.00	Yes (X)	$0	$0	$0
WILLIAM F MOODY
DIRECTOR	0.00	Yes (X)	$0	$0	$0	Yes (X)
MARGARET HOOVER
DIRECTOR	0.00	Yes (X)	$0	$0	$0
MR OLIVIER TROUVEROY
DIRECTOR,TREASURER	2.00	Yes (X)	$0	$0	$0	Yes (X)
BARON FRANS VAN DAELE
DIRECTOR	0.00	Yes (X)	$0	$0	$0
ALEXIA BERTRAND
DIRECTOR	0.00	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
GRIFFIN ASSEST MANAGEMENT
230 PARK AVENUE 4TH FLOOR	NEW YORK	NY	10169	INVESTMENT ADVISORY SERVICES	$422,273
SHALIK MORRIS AND COMPANY LLP
80 CROSSWAYS PARK DRIVE WEST	WOODBURY	NY	11797	ACCOUNTING SERVICES	$120,981
LUTZ AND CARR
553 FIFITH AVENUE	NEW YORK	NY	10176	ANNUAL AUDIT	$24,000
RICHARD BROWN
69 PRITCHARD COURT	FISHKILL	NY	12524	ACCOUNTING SERVICES	$21,438

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt
Government Grants	$126,401	GovernmentGrantsAmt
All Other Contributions	$2,095,220	AllOtherContributionsAmt
Total Contributions	$2,221,621	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	FELLOWSHIP REPAYMENTS	Desc
Business	900099	BusinessCd
Total Revenue Column	$123,593	TotalRevenueColumnAmt
Related Or Exempt Func Income	$123,593	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$123,593	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,408,533	TotalRevenueColumnAmt
Exclusion	$3,408,533	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$25,143,243	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$18,367,844	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$6,775,399	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,775,399	TotalRevenueColumnAmt
Exclusion	$6,775,399	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
FOREIGN EXCHANGE GAINS	900099	$43,850	$43,850
FRIENDS OF BAEF NET INCOME	900099	$25,795	$25,795
MISCELLANEOUS	900099	$296	$296

Field	Value	IRS element (for citing)
Other Revenue Total	$69,941	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$12,599,087	TotalRevenueColumnAmt
Related Or Exempt Func Income	$123,593	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$10,253,873	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$3,649,860	TotalAmt
Program Services	$3,649,860	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$305,791	TotalAmt
Program Services	$305,791	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$129,083	TotalAmt
Program Services	$45,179	ProgramServicesAmt
Management And General	$42,597	ManagementAndGeneralAmt
Fundraising	$41,307	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$14,697	TotalAmt
Program Services	$5,144	ProgramServicesAmt
Management And General	$4,850	ManagementAndGeneralAmt
Fundraising	$4,703	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$918	TotalAmt
Management And General	$918	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$143,532	TotalAmt
Program Services	$71,766	ProgramServicesAmt
Management And General	$71,766	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$422,273	TotalAmt
Management And General	$422,273	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,113	TotalAmt
Program Services	$2,490	ProgramServicesAmt
Management And General	$2,347	ManagementAndGeneralAmt
Fundraising	$2,276	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$9,085	TotalAmt
Program Services	$3,180	ProgramServicesAmt
Management And General	$2,998	ManagementAndGeneralAmt
Fundraising	$2,907	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$17,623	TotalAmt
Program Services	$6,168	ProgramServicesAmt
Management And General	$5,887	ManagementAndGeneralAmt
Fundraising	$5,568	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$4,828	TotalAmt
Program Services	$1,690	ProgramServicesAmt
Management And General	$1,593	ManagementAndGeneralAmt
Fundraising	$1,545	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$4,797	TotalAmt
Program Services	$1,679	ProgramServicesAmt
Management And General	$1,583	ManagementAndGeneralAmt
Fundraising	$1,535	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$4,382	TotalAmt
Program Services	$4,382	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$6,937	TotalAmt
Program Services	$2,428	ProgramServicesAmt
Management And General	$2,289	ManagementAndGeneralAmt
Fundraising	$2,220	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt
ANNUAL AUDIT	$24,000	$24,000
GRADUATE FELLOWSHIP EXP	$13,284		$13,284
TELEPHONE AND INTERNET	$4,685	$1,546	$1,640	$1,499
SPECIAL EVENTS	$3,872	$1,936		$1,936

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,139	TotalAmt
Program Services	$158	ProgramServicesAmt
Management And General	$6,837	ManagementAndGeneralAmt
Fundraising	$144	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,773,899	TotalAmt
Program Services	$4,114,839	ProgramServicesAmt
Management And General	$593,420	ManagementAndGeneralAmt
Fundraising	$65,640	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,375,950	BOYAmt
EOY	$583,439	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$150,000	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$366,079	BOYAmt
EOY	$37,000	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$108,288	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$48,833	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$37,545	BOYAmt
EOY	$59,455	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$136,577,434	BOYAmt
EOY	$146,696,672	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$362,407	BOYAmt
EOY	$70,285	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$960,264	BOYAmt
EOY	$819,227	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$139,679,679	BOYAmt
EOY	$148,416,078	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$613,239	BOYAmt
EOY	$595,646	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$613,239	BOYAmt
EOY	$595,646	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$137,526,495	BOYAmt
EOY	$146,353,941	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,539,945	BOYAmt
EOY	$1,466,491	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$139,066,440	BOYAmt
EOY	$147,820,432	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$139,679,679	BOYAmt
EOY	$148,416,078	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$7,825,188	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$928,803	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$1	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	Yes (1)	AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	0	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,093,579	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,742,605	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,525,531	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,469,527	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,221,621	CurrentTaxYearAmt
Total	$12,052,863	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,093,579	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,742,605	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,525,531	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,469,527	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,221,621	CurrentTaxYearAmt
Total	$12,052,863	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,238,106	SubstantialContributorsTotAmt
Public Support Total170	$10,814,757	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,628,090	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,784,121	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,225,732	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,476,599	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,408,533	CurrentTaxYearAmt
Total	$15,523,075	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$178,753	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$238,639	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$278,311	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$182,409	CurrentTaxYearMinus1YearAmt
Current Tax Year	$193,534	CurrentTaxYearAmt
Total	$1,071,646	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$28,647,584	TotalSupportAmt
Public Support CY170	0.37750	PublicSupportCY170Pct
Public Support PY170	0.39130	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$250,000	RevenuesIncludedAmt

Field	Value	IRS element (for citing)
Solicited Assets Sale	0	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$13,576,313	BeginningYearBalanceAmt
Contributions	$111,810	ContributionsAmt
Investment Earnings Or Losses	$1,062,985	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$343,060	GrantsOrScholarshipsAmt
End Year Balance	$14,408,048	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$13,820,658	BeginningYearBalanceAmt
Contributions	$43,500	ContributionsAmt
Investment Earnings Or Losses	$101,185	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$367,930	GrantsOrScholarshipsAmt
Other Expenditures	$21,100	OtherExpendituresAmt
End Year Balance	$13,576,313	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$12,233,428	BeginningYearBalanceAmt
Contributions	$320,615	ContributionsAmt
Investment Earnings Or Losses	$1,581,785	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$315,170	GrantsOrScholarshipsAmt
End Year Balance	$13,820,658	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$11,362,733	BeginningYearBalanceAmt
Contributions	$59,990	ContributionsAmt
Investment Earnings Or Losses	$1,182,855	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$372,150	GrantsOrScholarshipsAmt
End Year Balance	$12,233,428	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$10,381,318	BeginningYearBalanceAmt
Contributions	$106,720	ContributionsAmt
Investment Earnings Or Losses	$1,208,385	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$333,240	GrantsOrScholarshipsAmt
End Year Balance	$11,362,733	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$37,545	OtherCostOrOtherBasisAmt
Book Value	$37,545	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$44,452	OtherCostOrOtherBasisAmt
Depreciation	$44,450	DepreciationAmt
Book Value	$2	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$26,291	OtherCostOrOtherBasisAmt
Depreciation	$4,383	DepreciationAmt
Book Value	$21,908	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$59,455	TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt	$13,105,618	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$928,803	NetUnrealizedGainsInvstAmt
Other Revenue	$1	OtherRevenueAmt
Revenue Not Reported	$928,804	RevenueNotReportedAmt
Revenue Subtotal	$12,176,814	RevenueSubtotalAmt
Investment Expenses Not Incld	$422,273	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$422,273	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$12,599,087	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$0	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$0	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$0	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 1A:	ARTWORK-MAGRITTE PAINTING ON PERMANENT LOAN TO THE MAGRITTE MUSEUM IN BRUSSELS, BELGIUM
PART V, LINE 4:	FELLOWSHIPS
PART XI, LINE 2D - OTHER ADJUSTMENTS:	ROUNDING ADJUSTMENT 1.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

Field	Value	IRS element (for citing)
Region	BELGIUM	RegionTxt
Offices	1	OfficesCnt
Employee	1	EmployeeCnt
Type Of Activities Conducted	ADMINISTRATION OF THE FELLOWSHIP PROGRAM, FUNDRAISING AND LOGISTIC SUPPORT FOR FELLOWS	TypeOfActivitiesConductedTxt
Specific Services Provided	FELLOWSHIPS	SpecificServicesProvidedTxt
Region Total Expenditures	$222,039	RegionTotalExpendituresAmt

Field	Value	IRS element (for citing)
Subtotal Offices	1	SubtotalOfficesCnt
Subtotal Employees	1	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	1	TotalOfficeCnt
Total Employee	1	TotalEmployeeCnt
Subtotal Spent	$222,039	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$222,039	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

Field	Value	IRS element (for citing)
Type Of Assistance	FELLOWSHIPS	TypeOfAssistanceTxt
Region	BELGIUM	RegionTxt
Recipient	11	RecipientCnt
Cash Grant	$305,791	CashGrantAmt
Manner Of Cash Disbursement	CHECKS (USD)	MannerOfCashDisbursementTxt

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	0	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	0	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	0	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	ORGANIZATION MAINTAINS A BRANCH OFFICE IN BRUSSELS, BELGIUM. THE OFFICE IS STAFFED WITH ONE PAID EMPLOYEE, THE ORGANIZATION'S PROGRAM MANAGER. FULL ACCOUNTING FOR THIS BRANCH OFFICE IS MAINTAINED AND INCLUDED IN THIS RETURN AT THE MONTHLY AVERAGE CONVERSION RATE FOR EURO TO USD. ACCOUNTING OF ANNUAL TRANSACTIONS AND A BUDGET FOR THE NEXT FISCAL YEAR IS SUBMITTED TO THE BELGIAN GOVERNMENT AS A PART OF THE FUNDING REQUEST FOR A GRANT FROM THE BELGIAN GOVERNMENT TO THE BAEF.
PART I, LINE 3:	MONTHLY REPORTS OF TRANSACTIONS ARE SUBMITTED TO US OFFICE IN NEW HAVEN, INCLUDING COPIES OF BANK STATEMENTS, PAYMENT VOUCHERS AND VENDOR INVOICES.. TRANSACTIONS ARE CONVERTED TO USD USING MONTHLY AVERAGE CONVERSION RATE FROM EUR TO USD.
PART III, COL (C):	THERE WERE 11 BAEF US FELLOWS WHO TRAVELED TO BELGIUM TO DO ONE YEAR OF STUDY OR RESEARCH. THEY REPORTED THEIR ARRIVAL IN BELGIUM TO THE BAEF PROGRAM MANAGER IN BRUSSELS AND UPON COMPLETION OF THE FELLOWSHIP PROGRAM THEY PROVIDED A DETAILED REPORT TO THE BAEF OF THEIR RESEARCH AND STUDIES WHILE IN BELGIUM.
PART III ACCOUNTING METHOD:

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Purpose Of GrantPurposeOfGrantTxt
DONATION-MARY ROW FUND FOR CONFLICT RESOLUTION
DONATION-MARTIN TRUST CENTER FOR MIT ENTREPRENEURSHIP

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	FELLOWSHIPS	GrantTypeTxt
Recipient	79	RecipientCnt
Cash Grant	$3,649,860	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART III

FOR THE FISCAL YEAR ENDING AUGUST 31,2020, THERE WHERE A TOTAL OF 79 BELGIAN FELLOWS, EITHER PURSUING MASTERS OR PHD DEGREES AT US UNIVERSITIES OR POSTDOCTORAL RESEARCHERS WORKING IN US EDUCATIONAL INSTITUTIONS AND UNIVERSITIES. UPON COMPLETION OF THEIR BAEF SPONSORED STAY IN THE US ALL FELLOWS SUBMIT A REPORT DESCRIBING THEIR FELLOWSHIP EXPERIENCE IN THE US.

PART I LINE 2

ALL BAEF FELLOWS ARRIVING IN THE US, RECEIVE THEIR VISA'S FROM THEIR HOST INSTITUTIONS. UPON THEIR ARRIVAL IN THE US, THE BAEF FELLOW MUST SUBMIT A NOTICE OF ARRIVAL TO THE BAEF OFFICE IN NEW HAVEN CT. AFTER THE NOTICE OF ARRIVAL FORM HAS BEEN RECEIVED, STIPEND CHECKS ARE ISSUED TO THE BAEF FELLOW PERIODICALLY DURING THE COURSE OF THEIR YEAR OF STUDY OR RESEARCH. IN ADDITION FOR THOSE FELLOWS ENROLLED IN DEGREE PROGRAMS IN THE US, TUITION PAYMENTS ARE MADE TO THEIR HOST INSTITUTIONS

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990 PART 1 SUMMARY LINE 6. NUMBER OF VOLUNTEERS	DR. EMILE L. BOULPAEP, PRESIDENT AND CHAIRMAN IS A FULL TIME VOLUNTEER FOR THE ORGANIZATION PROVIDNG SUPERVISORY AND ADMINISTRATIVE SERVICES FOR THE FOUNDATION.
FORM 990 PART XII LINE 2C	DRAFT OF AUDIT IS REVIEWED BY PRESIDENT AND TREASURER. AT ANNUAL MEETING TREASURER PRESENTS THE AUDIT AND AFTER DISCUSSION, APPROVAL OF REPORT AND SELECTION OF AUDITORS FOR SUBSEQUENT FISCAL YEAR IS PROPOSED AND APPROVED BY THE MEMBERS.
FORM 990, PART VI, SECTION A, LINE 6	AT THE ANNUAL MEETING OF THE MEMBERS A SLATE OF NAMES ARE PRESENTED TO THE MEMBERS FOR POSITIONS ON THE BOARD OF DIRECTORS FOR A TERM OF 3 YEARS. THIS SLATE IS THEN VOTED ON AND APPROVED BY THE MEMBERS. AT THE FIRST BOARD MEETING OF THE CALENDER YEAR THE BOARD ELECTS OFFICERS AND MEMBERS OF THE STANDING COMMITTES OF THE FOUNDATION.
FORM 990, PART VI, SECTION A, LINE 7A	REPORTS OF ALL ACTIVITIES OF ORGANIZATION'S COMMITTEES ARE DISCLOSED AND APPROVED AT THE ANNUAL MEETING OF MEMBERS IN JANUARY
FORM 990, PART VI, SECTION A, LINE 7B	DECISIONS OF THE GOVERNING BODY, BAEF BOARD OF DIRECTORS, ARE DISCLOSED OF AND APPROVED AT THE ANNUAL MEETING OF THE MEMBERS IN JANUARY.
FORM 990, PART VI, SECTION B, LINE 11B	990 IS REVIEWED AND APPROVED BY PRESIDENT AND CHAIRMAN BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12C	THE BOARD OF DIRECTORS MEET FOUR TIMES ANNUALLY AT WHICH TIME ANY MATTERS AFFECTING CONFLICTS OF INTEREST ARE DISCLOSED AND DISCUSSED.
FORM 990, PART VI, SECTION B, LINE 15B	ANNUAL FISCAL OPERATING BUDGET FOR PERIOD SEPTEMBER-AUGUST IS PRESENTED TO THE BOARD OF DIRECTORS AT THEIR OCTOBER MEETING FOR APPROVAL.
FORM 990, PART VI, SECTION C, LINE 18	UPON REQUEST
FORM 990, PART VI, SECTION C, LINE 19	UPON REQUEST
FORM 990, PART XI, LINE 9:	ROUNDING ADJUSTMENT 1.