2018-05-08T15:18:07-05:00 2017-09-30 521186096 RUBINO & COMPANY CHARTERED 6903 ROCKLEDGE DRIVE SUITE 1200 BETHESDA MD 208171818 990 2016-10-01 341986692 BUSINESS - HIGHER EDUCATION FORUM BUSI 2023671189 2025 M STREET NW No 800 WASHINGTON DC 20036 BRIAN K FITZGERALD CHIEF EXECUTIVE OFFICER 2023671189 2018-05-02 0 PATRICIA A O'MALLEY CPA P00285909 3015643636 2016 2022-09-23 18:48:47Z BRIAN K FITZGERALD 2025 M STREET NW No 800 WASHINGTON DC 20036 3556394 0 X WWW.BHEF.COM X 2004 DC TO ADVANCE INNOVATION SOLUTIONS TO AMERICA'S EDUCATION AND WORKFORCE CHALLENGES. 13 13 0 0 0 0 1113483 2017300 1376667 1520000 125166 18335 3631 759 2618947 3556394 0 0 0 0 0 0 0 0 60871 2834187 3229994 2834187 3229994 -215240 326400 1762340 2026946 1221680 1150438 540660 876508 X THE BUSINESS-HIGHER EDUCATION FORUM (BHEF) IS A MEMBERSHIP ORGANIZATION OF FORTUNE 500 CEOS, COLLEGE AND UNIVERSITY PRESIDENTS, AND OTHER LEADERS WHO FORM STRATEGIC PARTNERSHIPS TO DEVELOP A HIGHLY-SKILLED FUTURE WORKFORCE WITH IT'S MEMBERS. BHEF CREATES UNDERGRADUATE PATHWAYS TO INCREASE BACCALAUREATE ATTAINMENT, IMPROVE ALIGNMENT BETWEEN HIGHER EDUCATION AND THE WORKFORCE, AND PRODUCE A DIVERSE, HIGHLY-SKILLED TALENT POOL TO MEET DEMAND IN EMERGING FIELDS. 0 0 1777108 HIGHER EDUCATION WORKFORCE INITIATIVE (HEWI) - TO EXPAND OPPORTUNITIES FOR DIVERSE AND UNDER-REPRESENTED POPULATIONS IN THE AREAS OF STEM, DATA SCIENCE, AND CYBERSECURITY. 278270 CONFERENCES - BHEF SCHEDULES SEMI-ANNUAL MEMBER CONFERENCES TO SUSTAIN THE CONTINUING DIALOGUE BETWEEN IT'S CORPORATE, ACADEMIC, AND FOUNDATION MEMBERS ON ISSUES RELATED TO THE U.S. EDUCATION SYSTEM. POLICY-MAKERS FROM STATE AND FEDERAL GOVERNMENTS ARE OFTEN INVITED TO PARTICIPATE IN THESE DISCUSSIONS. ACADEMIC LEADERS IN CUTTING-EDGE EDUCATIONAL ENDEAVORS AND EDUCATION FOUNDATION EXECUTIVES ALSO PARTICIPATE AT THESE MEETINGS. MANY GIVE PRESENTATIONS ON SUCCESSFUL LOCAL EDUCATIONAL EFFORTS THAT MAY BE APPLICABLE ON A BROADER REGIONAL OR NATIONAL SCALE. 212373 1520000 MEMBERSHIP-BHEF INCURS EXPENSES RELATED TO THE BUSINESS OF CONDUCTING MEMBERSHIP ACTIVITY, WHICH INVOLVES RECRUITMENT, RETENTION AND COMMUNICATION. THIS IS ACHIEVED THROUGH PHONE MEETINGS, CORRESPONDENCE, AND COMMUNICATION. 135979 759 COMMUNICATIONS 232324 MARKET INTELLIGENCE GOVERNMENT RELATIONS 368303 759 2636054 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 0 0 0 0 0 0 0 0 0 X 13 13 0 1 0 0 1 1 1 1 1 0 0 1 1 1 0 1 1 0 0 0 DC X SMITHBUCKLIN CORPORATION 8005399740 2025 M STREET NW 800 WASHINGTON DC 20036 X WES BUSH BOARD MEMBER 1.00 X 0 0 0 MOLLY CORBETT BROAD BOARD MEMBER 1.00 X 0 0 0 JAMES P CLEMENTS BOARD MEMBER 1.00 X 0 0 0 DIANA NATALICIO BOARD MEMBER 1.00 X 0 0 0 RENU KHATOR BOARD MEMBER 1.00 X 0 0 0 BARBARA R SNYDER BOARD MEMBER 1.00 X 0 0 0 JOSEPH E AOUN BOARD MEMBER 1.00 X 0 0 0 RYAN OAKES BOARD MEMBER 1.00 X 0 0 0 RANDY WOODSON BOARD MEMBER 1.00 X 0 0 0 MARK S WRIGHTON BOARD MEMBER 1.00 X 0 0 0 JEFFREY D ARMSTRONG BOARD MEMBER 1.00 X 0 0 0 EDUARDO J PADRON BOARD MEMBER 1.00 X 0 0 0 PETER A WEINBERG CHAIR 1.00 X 0 0 0 JOHN B VEIHMEYER BOARD MEMBER 1.00 X 0 0 0 TERESA SULLIVAN VICE CHAIR 1.00 X 0 0 0 MICHAEL D KING BOARD MEMBER 1.00 X 0 0 0 BRIAN FITZGERALD CHIEF EXECUTIVE OFFICER 40.00 X 0 0 0 0 0 0 0 0 0 0 SMITHBUCKLIN CORPORATION 2025 M STREET NW 800 WASHINGTON DC 20036 MANAGEMENT SERVICES 1959090 1 1254628 762672 2017300 MEMBERSHIP DUES 611710 1520000 1520000 1520000 18335 18335 MISCELLANEOUS REVENUE 900099 759 759 759 3556394 1520759 0 18335 X 1965412 1329459 575855 60098 2575 2575 11741 11741 942016 936409 5607 109674 74951 33973 750 1362 1362 83290 80076 3191 23 108670 107560 1110 5254 5254 OVERHEAD/G&A ALLOCATION 0 106237 -106237 3229994 2636054 533069 60871 518458 695259 0 324977 389422 20000 20332 10357 5800 888548 916133 1762340 2026946 295422 220438 926258 930000 1221680 1150438 X 280228 498037 260432 378471 540660 876508 1762340 2026946 326400 9448 0 X X 0 1 X 1 1 1 X 923053 547829 2067311 1113483 2017300 6668976 923053 547829 2067311 1113483 2017300 6668976 1494753 5174223 36601 34397 28545 27253 18335 145131 6814107 0.75930 0.80490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 3565842 9448 9448 3556394 0 3556394 3229994 0 3229994 0 3229994 Part X, Line 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAIN IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FORUM MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FORUM AND VARIOUS POSITIONS RELATED TO POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2017 AND 2016. THE FORUM'S POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE ASSESSED OR RECORDED DURING THE YEARS ENDED SEPTEMBER 30, 2017 AND 2016. Form 990, Part VI, Section A, line 3 SMITHBUCKLIN PERFORMS ALL MANAGEMENT DUTIES. Form 990, Part VI, Section A, line 6 THE FORUM HAS ONE CLASS OF MEMBERSHIP WITH NO RESTRICTIONS ON THE NUMBER OF MEMBERS. MEMBERS WILL CONSIST OF CEOS OR OTHER APPROPRIATE SENIOR EXECUTIVES OF MAJOR AMERICAN BUSINESS ORGANIZATIONS, PRESIDENTS AND CHANCELLORS OF RECOGNIZED COLLEGES AND UNIVERSITIES AS WELL AS OTHER APPROPRIATE SENIOR EXECUTIVES OF SEVERAL OF FOUNDATIONS AND ASSOCIATIONS OF PRESIDENTS OF HIGHER EDUCATION INSTITUTIONS. Form 990, Part VI, Section A, line 7a ALL SIXTEEN MEMBERS OF THE EXECUTIVE COMMITTEE ARE ELECTED BY THE FORUM'S MEMBERSHIP. Form 990, Part VI, Section A, line 7b ACTIONS MAY BE TAKEN BY MEMBERS OF THE FORUM AT A SEMI-ANNUAL MEETING, VIA TELECONFERENCE OR E-MAIL OR BY ANY OTHER MECHANISM THAT THE CHAIR MAY DESIGNATE SUCH ACTIONS MAY BE APPROVED BY A VOTE OF THE MAJORITY OF MEMBERS PRESENT OR PARTICIPATING. THE CHAIR SHALL GIVE MEMBERS REASONABLE NOTICE OF SUCH VOTES. Form 990, Part VI, Section B, line 11b A COPY OF THE FORM 990 IS PRESENTED TO MEMBERS OF THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO ITS BEING FILED. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. Form 990, Part IX, line 11g CONSULTING/CONTRACTING: Program service expenses 441,003. Management and general expenses 0. Fundraising expenses 0. Total expenses 441,003. SUB-GRANTEE FEES: Program service expenses 443,665. Management and general expenses 0. Fundraising expenses 0. Total expenses 443,665. TEMPORARY HELP: Program service expenses 23,903. Management and general expenses 5,607. Fundraising expenses 0. Total expenses 29,510. Professional Fees: Program service expenses 27,838. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,838.