2017-05-15T15:51:01-05:00 2016-06-30 741769118 BRIGGS & VESELKA CO NINE GREENWAY PLAZA SUITE 1700 HOUSTON TX 77046 990 2015-07-01 760313751 IFMA FOUNDATION IFMA 7136234362 800 GESSNER ROAD NO 900 HOUSTON TX 77024 JEFFREY J TAFEL CAE EXECUTIVE DIRECTOR 7136264362 2017-05-15 1 LIEN K LE P01434751 7136679147 2017-05-15 2015 2021-01-29 14:40:06Z JEFFREY J TAFEL CAE 800 GESSNER ROAD NO 900 HOUSTON TX 77024 2503045 0 X WWW.IFMAFOUNDATION.ORG/ X 1991 TX PROMOTE AND SUPPORT SCHOLARSHIPS, EDUCATIONAL AND RESEARCH OPPORTUNITIES FOR THE ADVANCEMENT OF FACILITY MANAGEMENT WORLDWIDE. 15 15 0 0 0 0 276601 363809 81078 89242 39330 33722 126598 161133 523607 647906 149805 196501 0 0 16017 19080 0 0 70727 497914 457315 663736 672896 -140129 -24990 1066368 1103079 355141 505474 711227 597605 X THE IFMA FOUNDATION WORKS FOR THE PUBLIC GOOD IN SUPPORT OF THE FACILITY MANAGEMENT (FM) PROFESSION, FM HIGHER EDUCATION, STUDENTS STUDYING FM AND OTHER RELATED PROFESSIONS PERTAINING TO THE BUILT ENVIRONMENT. THE FOUNDATION WORKS TO INCREASE AWARENESS OF THE PROFESSION AND ENCOURAGES FM AS A CAREER OF CHOICE. 0 0 196501 196501 GRANTS OF SCHOLARSHIPS TO MORE THAN 40 STUDENTS STUDYING TO ENTER THE FM PROFESSION WERE MADE IN 2015-16. IN ADDITION TO A MONETARY AWARD TO HELP OFFSET THE COSTS OF EARNING THEIR FM RELATED DEGREE, SCHOLARSHIP RECIPIENTS WERE ALSO AWARDED TRAVEL AND RELATED EXPENSES TO PARTICIPATE IN IFMA'S WORLD WORKPLACE ANNUAL CONFERENCE AND EXPOSITION. BY PARTICIPATING IN THE ANNUAL CONFERENCE, STUDENTS ARE EXPOSED TO BEST PRACTICES IN THE PROFESSION, LEARN OF THE NEWEST TECHNOLOGIES AND BUILD THEIR PROFESSIONAL NETWORK. AS A RESULT, STUDENTS ARE BETTER EQUIPPED TO IMPLEMENT SUSTAINABLE PRACTICES, INCREASED WORKED PRODUCTIVITY, WELLNESS AND COST SAVINGS TO THEIR ORGANIZATIONS. 241494 89242 ACCREDITATION OF FACILITY MANAGEMENT DEGREES IS A KEY COMPONENT OF THE IFMA FOUNDATION'S SUPPORT OF THE FM PROFESSION AND FM HIGHER EDUCATION. THE FM ADP PROGRAM ADMINISTERED BY THE FACILITY MANAGEMENT ACCREDITATION COMMISSION, ENSURES STUDENTS, EMPLOYER AND OTHER CONSTITUENTS THAT THE FM CURRICULUM AT ACCREDITED INSTITUTIONS INCLUDES INSTRUCTION ON ALL 11 CORE COMPETENCIES OF THE FM PROFESSION WITH STUDENT OUTCOMES APPROPRIATE TO THE LEVEL OF DEGREE EARNED. MORE THAN 4,000 STUDENTS WERE ENROLLED IN FM ACCREDITED DEGREE PROGRAMS IN 2015-16 WORLDWIDE. 11760 1003 THE FOUNDATION ESTABLISHED THE FACILITY MANAGEMENT GLOBAL WORKFORCE INITIATIVE (GWI) TO ENCOURAGE FM AS A CAREER OF CHOICE LEADING STUDENTS AND INCUMBENT WORKERS TO A CAREER PATHWAY IN FM - AN EXCITING AND FULFILLING PROFESSION. THE GWI SEEKS TO FILL THE GROWING FM WORKFORCE TALENT GAP AS MORE THAN HALF OF TODAY'S PRACTITIONERS ARE EXPECTED TO RETIRE IN THE NEXT 5-15 YEARS. WE INTRODUCE THE PROFESSION TO STUDENTS BEFORE THEY MAKE CAREER DECISIONS AND INCREASE THE NUMBER OF ACCREDITED FM DEGREE PROGRAMS WORLDWIDE FOR THOSE SEEKING FM HIGHER EDUCATION AND INDIVIDUALS LOOKING FOR NEW CAREER OPPORTUNITIES. THE IFMA FOUNDATION CONNECTS WITH COMMUNITIES TO INFORM STUDENTS, PARENTS, TEACHERS, GUIDANCE COUNSELORS, COMMUNITY ORGANIZATIONS, ECONOMIC DEVELOPMENT AND GOVERNMENT AGENCIES ABOUT EXCITING AND PROSPEROUS FM CAREER OPPORTUNITIES. WE EDUCATE STUDENTS THROUGH STEM AND STEAM PROGRAMS IN HIGH SCHOOLS AND COLLEGES, OFFERING IFMA COURSES, CREDENTIALS AND THE FM ACCREDITED DEGREE PROGRAMS AT HIGHER EDUCATION INSTITUTIONS. WE INVEST IN THE FUTURE OF THE PROFESSION BY PROVIDING SCHOLARSHIPS, SUPPORTING ESTABLISHMENT OF FM INTERNSHIP PROGRAMS, CAREER FAIRS AND JOB LISTINGS 14331 ALLOCATION OF TRUSTEE AND COMMITTEE COSTS AND OVERHEAD EXPENSES. 14331 464086 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 2 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JEFFERY J TAFEL CAE 7136234362 800 GESSNER RD STE 900 HOUSTON TX 770244257 DIANE COLES-LEVINE PAST CHAIRMAN 7.00 X X 0 0 0 JOHN CARRILLO CHAIRMAN 15.00 X X 0 0 0 KENTON D MILLER FOUNDATION FIRST VICE CHAI 7.00 X X 0 0 0 MICHAEL SCHLEY FOUNDATION SECOND VICE CHAI 7.00 X X 0 0 0 WILLIAM M O'NEILL CFM TRUSTEE 5.00 X 0 0 0 ADRIAN ANDERSON TRUSTEE 5.00 X 0 0 0 FRANK J BOETTCHER CFM TRUSTEE 5.00 X 0 0 0 THOMAS L MITCHELL JR CFM TRUSTEE 5.00 X 0 0 0 JOSEPH ARCHIE TRUSTEE 5.00 X 0 0 0 NANCY J SANQUIST TRUSTEE 5.00 X 0 0 0 ERIK JASPERS TRUSTEE 5.00 X 0 0 0 RICHARD KEANE TRUSTEE 5.00 X 0 0 0 J PATRICK MCKEE TRUSTEE 5.00 X 0 0 0 JOHN J STRONG FMP TRUSTEE 5.00 X 0 0 0 MICHELLE GREGG TRUSTEE 5.00 X 0 0 0 TONY KEANE CAE IFMA PRESIDENT, CEO 5.00 X 0 0 0 JEFFREY J TAFEL CAE EXECUTIVE DIRECTOR 55.00 X 0 96061 4321 0 96061 4321 0 0 0 1 0 3150 360659 363809 ACADEMIC PROGRAMS ACCREDITATION F 611710 89242 89242 89242 36062 36062 1706118 1708458 -2340 -2340 -2340 306641 3150 146511 160130 160130 1173 170 1003 1003 647906 90245 0 193852 194501 194501 2000 2000 19080 6106 8395 4579 216037 69132 95056 51849 7683 2458 3381 1844 8413 8413 11077 3545 4874 2658 3378 1081 1486 811 7144 2286 3144 1714 6361 2037 2798 1526 43749 20854 14814 8081 ACADEMIC PROGRAMS 163200 163200 TRUSTEE & COMMITTEE COS 3474 1111 1529 834 PERSONNEL COSTS 3304 1057 1454 793 MEETING EXPENSES 207 66 91 50 -16712 -5348 -7352 -4012 672896 464086 138083 70727 39667 110697 13226 11464 50114 69550 125 0 11458 22563 951778 888805 1066368 1103079 34603 57347 81575 75300 238963 372827 355141 505474 X -231377 -233187 287268 175456 655336 655336 711227 597605 1066368 1103079 X -24990 -86264 -2368 0 X X 0 1 X 0 0 X 351337 439268 343254 254911 360659 1749429 351337 439268 343254 254911 360659 1749429 193524 1555905 34145 29572 38531 39330 36062 177640 1927069 1387101 0.80740 0.83870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 806284 -45563 13774 746947 881803 -10367 65152 806284 699208 67902 114693 881803 627084 500 74224 2600 699208 657908 470 -25499 5795 627084 0.08520 0.87740 0.03750 0 0 0 AMOUNTS DUE TO IFMA 372827 372827 699913 -86264 170 -86094 786007 8413 -146514 -138101 647906 813535 149052 149052 664483 8413 8413 672896 PART V, LINE 4: SCHOLARSHIPS, EDUCATION AND RESEARCH PART XI, LINE 2D - OTHER ADJUSTMENTS: INVENTORY COST OF GOODS SOLD 170. PART XI, LINE 4B - OTHER ADJUSTMENTS: GALA & GOLF TOURNAMENT EXPENSES -146,511. ROUNDING DIFFERENCE -3. PART XII, LINE 2D - OTHER ADJUSTMENTS: INVENTORY COST OF GOODS SOLD 170. GALA & GOLF TOURNAMENT EXPENSES 146,511. LOSSES ON UNCOLLECTIBLE PLEDGES 2,368. ROUNDING DIFFERENCE 3. 0 0 0 0 0 0 0 0 0 0 EDUCATION SCHOLARSHIPS NORTH AMERICA 4 22000 BY CHECK OR WIRE EDUCATION SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 7 36500 BY CHECK OR WIRE EDUCATION SCHOLARSHIPS EAST ASIA AND THE PACIFIC 2 7500 BY CHECK OR WIRE REGISTRATION FOR WORLD WORKPLACE INTERNATIONAL EVENT. NORTH AMERICA 4 1108 REGISTRATION FOR WORLD WORKPLACE INTERNATIONAL EVENT. REGISTRATION FOR WORLD WORKPLACE INTERNATIONAL EVENT. EUROPE (INCLUDING ICELAND & GREENLAND) 7 2065 REGISTRATION FOR WORLD WORKPLACE INTERNATIONAL EVENT REGISTRATION FOR WORLD WORKPLACE INTERNATIONAL EVENT. EAST ASIA AND THE PACIFIC 2 590 REGISTRATION FOR WORLD WORKPLACE INTERNATIONAL EVENT 0 0 0 0 0 0 X X X 1 ANNUAL GALA 120840 16412 104428 7762 29516 2712 17 GOLF TOURNAMENT 188951 -13262 202213 10497 35656 52203 8148 309791 3150 306641 10497 43418 81719 2712 8165 146511 160130 0 EDUCATION SCHOLARSHIPS 29 130000 REGISTRATION FOR WORLD WORKPLACE INTERNATIONAL EVENT 29 8037 REGISTRATION FOR WORLD WORKPLACE INTERNATIONAL EVENT X 0 0 0 0 0 0 0 0 0 FORM 990, PART VII, SECTION A, LINE 5 THE EXECUTIVE DIRECTOR IS EMPLOYED BY INTERNATIONAL FACILITY MANAGEMENT ASSOCIATION ("IFMA"). RELATED SALARIES, NON-TAXABLE BENEFITS AND DEFERRED COMPENSATION ARE PAID BY IFMA. THE FOUNDATION PAYS A MONTHLY FEE TO IFMA FOR RELATED SALARIES, BENEFITS, FACILITIES AND OTHER OVERHEAD COSTS, WHICH IS REFLECTED ON PART IX AS FEES FOR MANAGEMENT SERVICES. FORM 990, PART V, LINE 2A AND 2B, FORMS W-3 AND W-2: THE IFMA FOUNDATION RECOGNIZED EXPENSES OF $379,00 RELATED TO ADMINISTRATIVE SERVICES AND SHARED SALARY COSTS PER A COST-SHARING ARRANGEMENT WITH INTERNATIONAL FACILITY MANAGEMENT ASSOCIATION ("IFMA"). IFMA FOUNDATION DOES NOT ISSUE FORMS W-2 DIRECTLY TO EMPLOYEES AND AS SUCH NO W-2'S ARE SHOWN AS ISSUED ON LINE 2A. IFMA IS RESPONSIBLE FOR ISSUING FORMS W-2 AND PAYING RELATED PAYROLL TAX. FORM 990, PART VI, SECTION B, LINE 11 THIS FORM 990 WAS REVIEWED BY THE FOUNDATION'S EXECUTIVE DIRECTOR AND THEN FORWARDED TO THE FOUNDATION'S EXECUTIVE COMMITTEE FOR REVIEW AND COMMENT BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES, OFFICERS AND TRUSTEES MUST SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT UPON BEING HIRED AND ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE IFMA FOUNDATION STAFF IS EMPLOYED BY THE INTERNATIONAL FACILITY MANAGEMENT ASSOCIATION. ACCORDINGLY, THE COMPENSATION OF THESE STAFF MEMBERS IS DETERMINED BY THE ASSOCIATION'S PRESIDENT AND CEO. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE POSTED TO THE FOUNDATION WEBSITE. POLICIES AND FINANCIAL STATEMENTS OF THE FOUNDATION ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C, AUDIT OVERSIGHT: THE BOARD OF TRUSTEES PROVIDES OVERSIGHT OF THE AUDIT PROCESS, INCLUDING A POST AUDIT REVIEW OF AUDIT FINDINGS AND ACCEPTANCE OF THE AUDIT REPORT. FORM 990, PART XI, LINE 8, PRIOR PERIOD ADJUSTMENTS: LOSSES ON UNCOLLECTIBLE PLEDGES: -$2,368