BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC (EIN 13-1606002)
Tax period
2018-09-01 to 2019-08-31
Filed
2020-07-07
IRS object ID
202031899349302118
Schema version
2018v3.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-07-07T16:39:33-05:00ReturnTs
Tax Period End2019-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN112973036PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SHALIK MORRIS & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 CROSSWAYS PARK DRIVE WESTAddressLine1Txt
CityWOODBURYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11797ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131606002EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BELGIAN AMERICAN EDUCATIONAL FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBELGBusinessNameControlTxt
Phone2037775765PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1195 CHURCH STREETAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06510ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR EMILE L BOULPAEPPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2034854055PhoneNum
Signature2020-07-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD BROWNPreparerPersonNm
PTINP01219038PTIN
Phone5163388700PhoneNum
Preparation2020-07-04PreparationDt
Self EmployedYes (X)SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address47.19.78.26IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-07-07IPDt
IP Tm13:43:36IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id6C9B1A35775087DBDB8A6D25ECA509C7F6C27838AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR EMILE L BOULPAEPPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line196 POND MEADOW ROADAddressLine1Txt
CityKILLINGWORTHCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06419ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$27,968,539GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BAEF.BEWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1920FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionGRADUATE & POSTGRADUATE EXCHANGE FELLOWSHIP PROGRAM BETWEEN THE UNITED STATES AND BELGIUM.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,525,531PYContributionsGrantsAmt
CY Contributions Grants$2,469,527CYContributionsGrantsAmt
PY Program Service Revenue$300,993PYProgramServiceRevenueAmt
CY Program Service Revenue$206,525CYProgramServiceRevenueAmt
PY Investment Income$6,552,712PYInvestmentIncomeAmt
CY Investment Income$10,499,575CYInvestmentIncomeAmt
PY Other Revenue-$22,682PYOtherRevenueAmt
CY Other Revenue-$24,116CYOtherRevenueAmt
PY Total Revenue$9,356,554PYTotalRevenueAmt
CY Total Revenue$13,151,511CYTotalRevenueAmt
PY Grants And Similar Paid$3,426,691PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,966,457CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$142,675PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$138,901CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$64,013CYTotalFundraisingExpenseAmt
PY Other Expenses$727,124PYOtherExpensesAmt
CY Other Expenses$884,716CYOtherExpensesAmt
PY Total Expenses$4,296,490PYTotalExpensesAmt
CY Total Expenses$4,990,074CYTotalExpensesAmt
PY Revenues Less Expenses$5,060,064PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$8,161,437CYRevenuesLessExpensesAmt
Total Assets BOY$140,367,256TotalAssetsBOYAmt
Total Assets EOY$139,679,679TotalAssetsEOYAmt
Total Liabilities BOY$428,124TotalLiabilitiesBOYAmt
Total Liabilities EOY$613,239TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$139,939,132NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$139,066,440NetAssetsOrFundBalancesEOYAmt
MissionTHE BAEF IS ENGAGED IN FOSTERING THE HIGHER EDUCATION OF DESERVING BELGIANS AND AMERICANS THROUGH ITS EXCHANGE FELLOWSHIP PROGRAMMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,711,624ExpenseAmt
Grant$3,565,917GrantAmt
Revenue$1,663,716RevenueAmt
DescGRADUATE FELLOWSHIP PROGRAM- FOR FISCAL YEAR ENDED AUGUST 31, 2019 THE FOUNDATION AWARDED A TOTAL OF 81 PAID FELLOWSHIPS CONSISTING OF $1,973,750 IN STIPENDS AND $1,592,169 IN TUITION AND FEES FOR GRADUATE STUDY AND RESEARCH IN THE U.S AND BELGIUM.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$426,686ExpenseAmt
Grant$400,540GrantAmt
Revenue$400,540RevenueAmt
DescINSTITUTIONAL GRANTS, PRIZES AND AWARDSGIFTS TO MIT-MARY ROWE FUND FOR CONFLICT RESOLUTION-$400,000ALUMNI AWARD TO PROF.DAVID ALSTEENS OF THE CATHOLIC UNIVERSITY OF LOUVAIN IN THE FIELD OF BIOMEDICAL RESEARCH - $11,216 (10,000 EUR)Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$4,138,310TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryBEForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1R BROWNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5163388700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 CROSSWAYS PK DR WAddressLine1Txt
CityWOODBURYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11797ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DR MARYAN AINSWORTH
DIRECTOR0.00Yes (X)$0$0$0
CHEVALIER EMILE L BOULPAEP
CHAIRMAN, PRES. & DIRECTOR20.00Yes (X)$0$0$0Yes (X)
COMTE DIEGO DU MONCEAU DE BERGENDAL
DIRECTOR0.00Yes (X)$0$0$0
MRS SUSAN FRIBERG
DIRECTOR0.00Yes (X)$0$0$0
MR FILIP MOERMAN
DIRECTOR0.00Yes (X)$0$0$0
BARON DANIEL JANSSEN
DIRECTOR0.00Yes (X)$0$0$0
LGILLES SION ESQ
SECRETARY, DIRECTOR2.00Yes (X)$0$0$0Yes (X)
DIRK WAUTERS
DIRECTOR0.00Yes (X)$0$0$0
PROFESSOR JACQUES WILLEMS
DIRECTOR0.00Yes (X)$0$0$0
PROF DR MARCEL CROCHET
VICE-PRESIDENT, DIRECTOR5.00Yes (X)$0$0$0
WILLIAM F MOODY
DIRECTOR0.00Yes (X)$0$0$0Yes (X)
MARGARET HOOVER
DIRECTOR0.00Yes (X)$0$0$0
MR OLIVIER TROUVEROY
DIRECTOR,TREASURER2.00Yes (X)$0$0$0Yes (X)
BARON FRANS VAN DAELE
DIRECTOR0.00Yes (X)$0$0$0
ALEXIA BERTRAND
DIRECTOR0.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GRIFFIN ASSEST MANAGEMENT
230 PARK AVENUE 4TH FLOORNEW YORKNY10169INVESTMENT ADVISORY SERVICES$416,701
SHALIK MORRIS AND COMPANY LLP
80 CROSSWAYS PARK DRIVE WESTWOODBURYNY11797ACCOUNTING SERVICES$151,200
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$127,257GovernmentGrantsAmt
All Other Contributions$2,342,270AllOtherContributionsAmt
Total Contributions$2,469,527TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFELLOWSHIP REPAYMENTSDesc
Business900099BusinessCd
Total Revenue Column$206,525TotalRevenueColumnAmt
Related Or Exempt Func Income$206,525RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$206,525TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,476,599TotalRevenueColumnAmt
Exclusion$3,476,599ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$21,840,004SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$14,817,028SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$7,022,976SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,022,976TotalRevenueColumnAmt
Exclusion$7,022,976ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
FRIENDS OF BAEF NET INCOME900099$2,196$2,196
MISCELLANEOUS900099$317$317
FOREIGN EXCHANGE GAINS900099-$26,629-$26,629
FieldValueIRS element (for citing)
Other Revenue Total-$24,116OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,151,511TotalRevenueColumnAmt
Related Or Exempt Func Income$206,525RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$10,475,459ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$400,540TotalAmt
Program Services$400,540ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$3,322,059TotalAmt
Program Services$3,322,059ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$243,858TotalAmt
Program Services$243,858ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$124,248TotalAmt
Program Services$43,487ProgramServicesAmt
Management And General$41,002ManagementAndGeneralAmt
Fundraising$39,759FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$14,653TotalAmt
Program Services$5,129ProgramServicesAmt
Management And General$4,835ManagementAndGeneralAmt
Fundraising$4,689FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,304TotalAmt
Management And General$3,304ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$152,335TotalAmt
Program Services$76,168ProgramServicesAmt
Management And General$76,167ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$416,701TotalAmt
Management And General$416,701ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,930TotalAmt
Program Services$2,775ProgramServicesAmt
Management And General$2,617ManagementAndGeneralAmt
Fundraising$2,538FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,592TotalAmt
Program Services$2,656ProgramServicesAmt
Management And General$2,506ManagementAndGeneralAmt
Fundraising$2,430FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$17,471TotalAmt
Program Services$6,115ProgramServicesAmt
Management And General$5,765ManagementAndGeneralAmt
Fundraising$5,591FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,916TotalAmt
Program Services$1,721ProgramServicesAmt
Management And General$1,622ManagementAndGeneralAmt
Fundraising$1,573FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$6,440TotalAmt
Program Services$2,254ProgramServicesAmt
Management And General$2,125ManagementAndGeneralAmt
Fundraising$2,061FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,932TotalAmt
Program Services$2,426ProgramServicesAmt
Management And General$2,288ManagementAndGeneralAmt
Fundraising$2,218FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
BAEF CENTENNIAL BOOK AU$181,476$181,476
CENTENNIAL PLANNING EXP$21,478$21,478
ANNUAL AUDIT$20,074$20,074
GRADUATE FELLOWSHIP EXP$15,683$15,683

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$22,384TotalAmt
Program Services$13,439ProgramServicesAmt
Management And General$5,791ManagementAndGeneralAmt
Fundraising$3,154FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,990,074TotalAmt
Program Services$4,138,310ProgramServicesAmt
Management And General$787,751ManagementAndGeneralAmt
Fundraising$64,013FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$75,769BOYAmt
EOY$1,292,453EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$136,501BOYAmt
EOY$83,497EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$301,396BOYAmt
EOY$366,079EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$81,996LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$44,451LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$37,545BOYAmt
EOY$37,545EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$131,229,910BOYAmt
EOY$136,577,434EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$7,737,271BOYAmt
EOY$362,407EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$848,864BOYAmt
EOY$960,264EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$140,367,256BOYAmt
EOY$139,679,679EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$428,124BOYAmt
EOY$613,239EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$428,124BOYAmt
EOY$613,239EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$138,050,791BOYAmt
EOY$137,526,495EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,888,341BOYAmt
EOY$1,539,945EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$139,939,132BOYAmt
EOY$139,066,440EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$140,367,256BOYAmt
EOY$139,679,679EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$8,161,437ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$9,034,129NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

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$2,386,626CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,093,579CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,742,605CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,525,531CurrentTaxYearMinus1YearAmt
Current Tax Year$2,469,527CurrentTaxYearAmt
Total$12,217,868TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,386,626CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,093,579CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,742,605CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,525,531CurrentTaxYearMinus1YearAmt
Current Tax Year$2,469,527CurrentTaxYearAmt
Total$12,217,868TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,332,816SubstantialContributorsTotAmt
Public Support Total170$10,885,052PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,339,603CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,628,090CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,784,121CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,225,732CurrentTaxYearMinus1YearAmt
Current Tax Year$3,476,599CurrentTaxYearAmt
Total$14,454,145TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$268,766CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$178,753CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$238,639CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$278,311CurrentTaxYearMinus1YearAmt
Current Tax Year$182,409CurrentTaxYearAmt
Total$1,146,878TotalAmt
FieldValueIRS element (for citing)
Total Support$27,818,891TotalSupportAmt
Public Support CY1700.39130PublicSupportCY170Pct
Public Support PY1700.46200PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$250,000AssetsIncludedAmt
FieldValueIRS element (for citing)
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,700,591BeginningYearBalanceAmt
Contributions$3,151,060ContributionsAmt
Investment Earnings Or Losses-$167,875InvestmentEarningsOrLossesAmt
Grants Or Scholarships$302,460GrantsOrScholarshipsAmt
End Year Balance$10,381,318EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

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

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$44,451OtherCostOrOtherBasisAmt
Depreciation$44,451DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$37,545TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$3,700,681TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$9,034,129NetUnrealizedGainsInvstAmt
Revenue Not Reported-$9,034,129RevenueNotReportedAmt
Revenue Subtotal$12,734,810RevenueSubtotalAmt
Investment Expenses Not Incld$416,701InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$416,701RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$13,151,511TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$0TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$0ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$0TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:ARTWORK-MAGRITTE PAINTING ON PERMANENT LOAN TO THE MAGRITTE MUSEUM IN BRUSSELS, BELGIUM
PART V, LINE 4:FELLOWSHIPS

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionBELGIUMRegionTxt
Offices1OfficesCnt
Employee1EmployeeCnt
Type Of Activities ConductedADMINISTRATION OF THE FELLOWSHIP PROGRAM, FUNDRAISING AND LOGISTIC SUPPORT FOR FELLOWSTypeOfActivitiesConductedTxt
Region Total Expenditures$241,213RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees1SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee1TotalEmployeeCnt
Subtotal Spent$241,213SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$241,213TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
FELLOWSHIPSBELGIUM11$243,858CHECKS (USD)
ALUMNI AWARDBELGIUM1$11,216TRANSFER (EURO)
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUECAMBRIDGEMA02139$400,000DONATION-MARY ROWE FUND FOR CONFLICT RESOLUTION
(no name)
DONATION-MARY ROW FUND FOR CONFLICT RESOLUTION
(no name)
DONATION-MARTIN TRUST CENTER FOR MIT ENTREPRENEURSHIP

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFELLOWSHIPSGrantTypeTxt
Recipient73RecipientCnt
Cash Grant$3,322,059CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:ALL BAEF FELLOWS ARRIVING IN THE US RECEIVE THEIR VISA'S FROM THEIR HOST INSTITUTIONS. UPON ARRIVAL IN THE US THE BAEF FELLOW MUST SUBMIT A NOTICE OF ARRIVAL TO THE BAEF OFFICE IN NEW HAVEN. UPON RECEIPT OF SUCH FORM, STIPEND CHECKS ARE MAILED TO THE FELLOWS DURING THE COURSE OF THE YEAR OF STUDY OR RESEARCH. IN ADDITION FOR THOSE FELLOWS ENROLLED IN DEGREE PROGRAMS THE BAEF MAKES TUITION PAYMENTS TO THEIR HOST INSTITUTIONS.
SHEDULE F PART IVFOR THE FISCAL YEAR ENDING AUGUST 31, 2019 THERE WERE A TOTAL OF 73 BELGIAN FELLOWS EITHER PURSUING MASTERS OR PHD STUDIES AT US UNIVERSITIES OR RESEARCHERS WORKING IN US EDUCATIONAL INSTITITIONS AND UNIVERSITIES. UPON COMPLETION OF THEIR BAEF SPONSORED STAY IN THE US ALL FELLOWS SUBMIT A REPORT DESCRIBING THEIR FELLOWSHIP EXPERIENCE IN THE US.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 PART XII LINE 2CDRAFT 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 4GOVERNING BY-LAWS WERE AMENDED FOR THE FOLLOWING: INCREASE THE DOLLAR VALUE OF GRANTS REQUIRING APPROVAL BY TWO-THIRDS VOTE OF THE CORPORATION MEMBERS FROM TEN THOUSAND DOLLARS ($10,000) TO ONE MILLION DOLLARS ($1,000,000) UNLESS THIS PAYMENT IS TO BE MADE BY THIS CORPORATION (1) TO ANY UNIVERSITY ON BEHALF OF, OR TO THE BENEFIT OF ANY STUDENT WHO HAS BEEN GRANTED A FELLOWSHIP BY THIS CORPORATION OR (11) WITHIN THE SCOPE OF THE DAY-TO-DAY BUSINESS OF THIS CORPORATION; OR (111) FOR ANY INVESTMENT, DEALING OR EXPENSE OF THE INCOME AND PRINCIPAL OF THIS CORPORATION IN SUCH MANNER AS IN THE JUDGEMENT OF ITS MEMBERS OR DIRECTORS WILL BEST PROMOTE ITS OBJECTS WITHIN THE SCOPE OF PORTFOLIO MANAGEMENT. REQUIREMENTS OF A TWO-THIRDS VOTE OF BOTH DIRECTORS AND MEMBERS TO CHANGE THE PURPOSES OR RESTRICTIONS PLACED AN ANY "QUASI ENDOWMENT".
FORM 990, PART VI, SECTION A, LINE 6AT 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 7AREPORTS 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 7BDECISIONS 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 11B990 IS REVIEWED AND APPROVED BY PRESIDENT AND CHAIRMAN BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE 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 15BANNUAL 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 18FOUNDATION CENTER WEBSITE
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST

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