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FOUNDATION FOR GLOBAL POLITICAL EXCHANGE INC: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FOUNDATION FOR GLOBAL POLITICAL EXCHANGE INC (EIN 84-3833345)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-14
IRS object ID
202141349349201189
Schema version
2020v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-14T20:40:24-04:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt
Return Type990EZReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN843833345EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION FOR GLOBAL POLITICAL EXCHANGE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Nicholas NoeInCareOfNm
Business Name ControlFOUNBusinessNameControlTxt
Foreign Phone2128606626ForeignPhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1138 E 94TH ST APT 6EAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101281776ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNicholas NoePersonNm
Person TitlePresident & Co-FounderPersonTitleTxt
Signature2021-05-14SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$77,800GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$4,000ContributionsGiftsGrantsEtcAmt
Program Service Revenue$73,800ProgramServiceRevenueAmt
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$77,800TotalRevenueAmt
Salaries Other Comp Empl Bnft$16,300SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$60,010FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$359OtherExpensesTotalAmt
Total Expenses$76,669TotalExpensesAmt
Excess Or Deficit For Year$1,131ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$0NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$1,131NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,131EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,131EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,131EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeThe decision was made to formally incorporate in order to broaden and diversify participation and also launch new conferences beyond the Middle East region. By conducting fundraising efforts, the Organization hopes to be able to provide full scholarships to selected participants to attend and participate in the conferences. Applicants from around the world can apply for any one or more of our conferences. After a competitive process, the Organization will accept a limited number of people for the maximum number of slots (anywhere from 20-40 at a table/conference). The Organization charges a fee for attending the conferences; however, participants pay for their own airfare, hotel and lodging. The key objective will be to increase the participation of scholars and students from non-Western countries, from limited socio-economic backgrounds and from institutions which, unlike their counterparts in the West, are generally unable to obtain funds for research and travel.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomWe were able to provide 10 fully funded Zoom slots for 10 diverse and well qualified individuals from around the world to attend two of our Exchanges in May and August 2020.DescriptionProgramSrvcAccomTxt
Grants And Allocations$0GrantsAndAllocationsAmt
Foreign GrantsYes (X)ForeignGrantsInd
Program Service Expenses$0ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IVYes (X)InfoInScheduleOPartIVInd

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Nicholas Noe
President & Co-Founder10$16,300$0$0
Joshua Andresen
Vice-President0.1$0$0$0
Baybars Orsek
Secretary0.1$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNicholas NoePersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1138 east 94th StreetAddressLine1Txt
Address Line2Apt 6eAddressLine2Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10128ZIPCd
FieldValueIRS element (for citing)
Phone2128606626PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$4,000CurrentTaxYearAmt
Total$4,000TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$4,000CurrentTaxYearAmt
Total$4,000TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$4,000PublicSupportTotal170Amt
Total Support$4,000TotalSupportAmt
Gross Receipts Rltd Activities$0GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, line 10| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Exchnage Conference Scholarship, grantee, "We provided 10 scholarships in 2020 benefitting 10 individuals covering the waived conference fee for our Exchange conferences in May and August 2020.", $0.00, No Relationship|
Part I, line 16| Other Expenses:, Amount:| Bank fees and technology fees, $359.00|

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