BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC (EIN 13-1606002)
Tax period: 2015-09-01 to 2016-08-31
Filed: 2017-05-24
IRS object ID: 201711449349300346
Schema version: 2015v3.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule F
Schedule I
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-05-24T17:08:42-05:00	ReturnTs
Tax Period End	2016-08-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	112973036	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SHALIK MORRIS & COMPANY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	80 CROSSWAYS PARK DRIVE WEST	AddressLine1Txt
City	WOODBURY	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11797	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2015-09-01	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 FDNTN INC	BusinessNameLine1Txt

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	2017-05-22	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	5163388700	PhoneNum
Preparation	2017-05-22	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2021-01-29 14:40:06Z	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	$18,955,596	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	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$4,945,476	PYContributionsGrantsAmt
CY Contributions Grants	$2,093,579	CYContributionsGrantsAmt
PY Program Service Revenue	$277,150	PYProgramServiceRevenueAmt
CY Program Service Revenue	$216,845	CYProgramServiceRevenueAmt
PY Investment Income	$5,976,209	PYInvestmentIncomeAmt
CY Investment Income	$7,436,866	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$7,445	CYOtherRevenueAmt
PY Total Revenue	$11,198,835	PYTotalRevenueAmt
CY Total Revenue	$9,754,735	CYTotalRevenueAmt
PY Grants And Similar Paid	$3,112,836	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$3,314,921	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$73,432	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$113,983	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$106,361	CYTotalFundraisingExpenseAmt
PY Other Expenses	$645,900	PYOtherExpensesAmt
CY Other Expenses	$612,958	CYOtherExpensesAmt
PY Total Expenses	$3,832,168	PYTotalExpensesAmt
CY Total Expenses	$4,041,862	CYTotalExpensesAmt
PY Revenues Less Expenses	$7,366,667	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$5,712,873	CYRevenuesLessExpensesAmt
Total Assets BOY	$104,188,882	TotalAssetsBOYAmt
Total Assets EOY	$114,739,502	TotalAssetsEOYAmt
Total Liabilities BOY	$300,427	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$398,771	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$103,888,455	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$114,340,731	NetAssetsOrFundBalancesEOYAmt
Mission	the baef is engaged in fostering the higher education of deserving belgians and americans through its exchange fellowship program For fiscal year ended August 31, 2016	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$3,425,141	ExpenseAmt
Grant	$3,298,932	GrantAmt
Desc	GRADUATE FELLOWSHIP PROGRAM. FOR FISCAL YEAR ENDED AUGUST 31,2016 THE FOUNDATION AWARDED 79 GRADUATE AND POSTGRADUATE FELLOWSHIPS TOTALING $3,298,932.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$16,520	ExpenseAmt
Grant	$15,989	GrantAmt
Desc	INSTITUTIONAL GRANTS, PRIZES AND AWARDS	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$3,441,661	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
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	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	Yes (1)	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 With Officer Ent	Yes (1)	BusinessRlnWithOfficerEntInd
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
IRP Document	3	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
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
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	0	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	Yes (1)	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

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Phone	5163388700	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	80 CROSSWAYS PK DR W	AddressLine1Txt
City	woodbury	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11797	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	1.00	Yes (X)	$0	$0	$0
Chevalier emile l boulpaep
chairman, pres. & director	20.00	Yes (X)	$0	$0	$0	Yes (X)
mr jacques de groote
DIRECTOR	0.00	Yes (X)	$0	$0	$0
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 LUC COENE
DIRECTOR	0.00	Yes (X)	$0	$0	$0
MR FILIP MOERMAN
DIRECTOR	0.00	Yes (X)	$0	$0	$0
BARON DANIEL JANSSEN
DIRECTOR	1.00	Yes (X)	$0	$0	$0
Lgilles sion esq
secretary, director	0.50	Yes (X)	$0	$0	$0	Yes (X)
dirk wauters
DIRECTOR	1.00	Yes (X)	$0	$0	$0
PROFESSOR JACQUES WILLEMS
DIRECTOR	0.00	Yes (X)	$0	$0	$0
prof dr marcel crochet
director	2.00	Yes (X)	$0	$0	$0
william f moody
vice-president,director	0.50	Yes (X)	$0	$0	$0	Yes (X)
margaret hoover
director	0.50	Yes (X)	$0	$0	$0
mr olivier trouveroy
director,treasurer	0.50	Yes (X)	$0	$0	$0	Yes (X)

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 (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
GRIFFIN ASSETS MANAGEMENT
230 PARK AVENUE 32ND FLOOR	NEW YORK	NY	10169	INVESTMENT ADVISORY SERVICES	$369,147
SHALIK MORRIS AND COMPANY LLP
80 CROSSWAYS PARK DRIVE WEST	WOODBURY	NY	11797	ACCOUNTING AND TAX SERVICES	$158,906

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt
Related Organizations	$1,918,190	RelatedOrganizationsAmt
Government Grants	$38,800	GovernmentGrantsAmt
All Other Contributions	$136,589	AllOtherContributionsAmt
Total Contributions	$2,093,579	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	fellowship repayments	Desc
Business	900099	BusinessCd
Total Revenue Column	$216,845	TotalRevenueColumnAmt
Related Or Exempt Func Income	$216,845	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$216,845	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,628,090	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,628,090	RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$14,009,637	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$9,200,861	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$4,808,776	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,808,776	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,808,776	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FRIENDS OF BAEF NET INCOME	900099	$7,075	$7,075
MISCELLANEOUS	900099	$370	$370

Field	Value	IRS element (for citing)
Other Revenue Total	$7,445	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,754,735	TotalRevenueColumnAmt
Related Or Exempt Func Income	$7,661,156	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$3,023,895	TotalAmt
Program Services	$3,023,895	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$291,026	TotalAmt
Program Services	$291,026	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$102,840	TotalAmt
Program Services	$35,994	ProgramServicesAmt
Management And General	$33,937	ManagementAndGeneralAmt
Fundraising	$32,909	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$11,143	TotalAmt
Program Services	$3,900	ProgramServicesAmt
Management And General	$3,677	ManagementAndGeneralAmt
Fundraising	$3,566	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$159,875	TotalAmt
Program Services	$55,956	ProgramServicesAmt
Management And General	$52,759	ManagementAndGeneralAmt
Fundraising	$51,160	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$369,147	TotalAmt
Management And General	$369,147	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,025	TotalAmt
Program Services	$1,059	ProgramServicesAmt
Management And General	$998	ManagementAndGeneralAmt
Fundraising	$968	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$5,989	TotalAmt
Program Services	$2,096	ProgramServicesAmt
Management And General	$1,976	ManagementAndGeneralAmt
Fundraising	$1,917	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$17,550	TotalAmt
Program Services	$6,143	ProgramServicesAmt
Management And General	$5,792	ManagementAndGeneralAmt
Fundraising	$5,615	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$3,128	TotalAmt
Program Services	$1,095	ProgramServicesAmt
Management And General	$1,032	ManagementAndGeneralAmt
Fundraising	$1,001	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$4,420	TotalAmt
Program Services	$1,547	ProgramServicesAmt
Management And General	$1,459	ManagementAndGeneralAmt
Fundraising	$1,414	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$6,856	TotalAmt
Program Services	$2,400	ProgramServicesAmt
Management And General	$2,262	ManagementAndGeneralAmt
Fundraising	$2,194	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt
ANNUAL AUDIT	$15,000	$15,000
GRADUATE FELLOWSHIP EXP	$10,404		$10,404
telephone and internet	$9,169	$3,026	$3,209	$2,934
results of foreign exch	$3,820	$1,261	$1,337	$1,222

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,575	TotalAmt
Program Services	$1,600	ProgramServicesAmt
Management And General	$1,514	ManagementAndGeneralAmt
Fundraising	$1,461	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,041,862	TotalAmt
Program Services	$3,441,661	ProgramServicesAmt
Management And General	$493,840	ManagementAndGeneralAmt
Fundraising	$106,361	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$84,445	BOYAmt
EOY	$20,075	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,550,497	BOYAmt
EOY	$1,489,359	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$189,306	BOYAmt
EOY	$238,853	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$331,996	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$44,451	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$287,545	BOYAmt
EOY	$287,545	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$95,383,551	BOYAmt
EOY	$105,732,963	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$6,243,487	BOYAmt
EOY	$6,478,272	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$450,051	BOYAmt
EOY	$492,435	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$104,188,882	BOYAmt
EOY	$114,739,502	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$300,427	BOYAmt
EOY	$398,771	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$300,427	BOYAmt
EOY	$398,771	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$102,728,535	BOYAmt
EOY	$113,108,564	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,159,920	BOYAmt
EOY	$1,232,167	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$103,888,455	BOYAmt
EOY	$114,340,731	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$104,188,882	BOYAmt
EOY	$114,739,502	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$5,712,873	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$4,739,402	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$1	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
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	$2,445,267	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,993,348	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,484,846	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,386,626	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,093,579	CurrentTaxYearAmt
Total	$12,403,666	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,445,267	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,993,348	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,484,846	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,386,626	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,093,579	CurrentTaxYearAmt
Total	$12,403,666	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$2,278,560	SubstantialContributorsTotAmt
Public Support Total170	$10,125,106	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,663,582	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,785,377	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,152,345	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,339,603	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,628,090	CurrentTaxYearAmt
Total	$10,568,997	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$22,972,663	TotalSupportAmt
Public Support CY170	0.44070	PublicSupportCY170Pct
Public Support PY170	0.32740	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)
Assets Included	$250,000	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$10,381,318	BeginningYearBalanceAmt
Contributions	$106,270	ContributionsAmt
Investment Earnings Or Losses	$1,208,385	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$333,240	GrantsOrScholarshipsAmt
End Year Balance	$11,362,733	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$7,700,593	BeginningYearBalanceAmt
Contributions	$3,151,060	ContributionsAmt
Investment Earnings Or Losses	-$167,875	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$302,460	GrantsOrScholarshipsAmt
End Year Balance	$10,381,318	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$6,072,127	BeginningYearBalanceAmt
Contributions	$863,926	ContributionsAmt
Investment Earnings Or Losses	$995,833	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$231,295	GrantsOrScholarshipsAmt
End Year Balance	$7,700,591	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$4,582,902	BeginningYearBalanceAmt
Contributions	$1,114,650	ContributionsAmt
Investment Earnings Or Losses	$515,110	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$140,535	GrantsOrScholarshipsAmt
End Year Balance	$6,072,127	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$4,000,337	BeginningYearBalanceAmt
Contributions	$110,000	ContributionsAmt
Investment Earnings Or Losses	$583,650	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$111,085	GrantsOrScholarshipsAmt
End Year Balance	$4,582,902	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	1.00000	BoardDesignatedBalanceEOYPct
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

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$44,451	OtherCostOrOtherBasisAmt
Depreciation	$44,451	DepreciationAmt
Book Value	$0	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$250,000	InvestmentCostOrOtherBasisAmt
Book Value	$250,000	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$287,545	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
BERKSHIRE HATHAWAY-BRK-A	$6,321,280	F
FRIENDS OF BAEF FUND @ KBF	$156,992	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$6,478,272	TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt	$14,052,744	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$4,739,402	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$4,739,402	RevenueNotReportedAmt
Revenue Subtotal	$9,313,342	RevenueSubtotalAmt
Investment Expenses Not Incld	$369,147	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$72,247	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$441,394	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$9,754,736	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,672,715	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$3,672,715	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$369,147	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$369,147	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$4,041,862	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 4b - Other Adjustments:	NET INCREASE IN TEMPORARILY RESTRICTED NET ASSETS 72,247.

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	TypeOfActivitiesConductedTxt
Region Total Expenditures	$312,017	RegionTotalExpendituresAmt

Field	Value	IRS element (for citing)
Subtotal Offices	1	SubtotalOfficesCnt
Subtotal Employees	1	SubtotalEmployeesCnt
Continutation Total Office	0	ContinutationTotalOfficeCnt
Continutation Total Employee	0	ContinutationTotalEmployeeCnt
Total Office	1	TotalOfficeCnt
Total Employee	1	TotalEmployeeCnt
Subtotal Spent	$312,017	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$312,017	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

Field	Value	IRS element (for citing)
Region	FUNDRAISED GRANT	RegionTxt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt
FELLOWSHIPS	BELGIUM	11	$271,000	CHECKS
ALUMNI AWARD	BELGIUM		$11,065	WIRE TRANSFER

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 (2 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 goverment 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.

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	fellowships	GrantTypeTxt
Recipient	68	RecipientCnt
Cash Grant	$3,023,895	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Part I, Line 2:

ALL BAEF FELLOWS COMING TO THE U.S. FOR STUDY AND/ OR RESEARCH RECEIVE THEIR VISA APPROVAL THROUGH THEIR HOST INSTITUTIONS IN THE U.S. THE BAEF OFFICE IN THE U.S MONITORS THE FELLOWS THROUGH CHECK PAYMENTS TO THEM AND THEIR HOST INSTITUTIONS DURING THEIR FELLOWSHIP. IN ADDITION WE RECEIVE NOTICE OF ARRIVAL INFORMATION IN THE U.S BEFORE WE BEGIN MAKING STIPEND PAYMENTS AND A REPORT FROM FELLOW AFTER COMPLETION OF FELLOWSHIP.

PART III

FELLOWSHIP PROGRAM CONTAINS STIPENDS TO 26 GRADUATE STUDENTS ENROLLED IN A DEGREE PROGRAM AT VARIOUS U.S. UNIVERSITIES TOTALLING $304,000 IN STIPENDS AND TUITION PAYMENTS TOTALLING $932,270. THE FOUNDATION ALSO FUNDS RESEARCH FELLOWSHIPS IN THE U.S. FOR 42 INDIVIDUALS TOTALLING $1,787,625 IN STIPENDS AND HEALTH INSURANCE.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	Sharing Of RevenuesSharingOfRevenuesInd
chevalier emile l boulpaep md
board member of supporting donor entities	0
baron daniel janssen
board member of supporting donor entities	0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART IV	FormAndLineReferenceDesc
Explanation	SCH L PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:(A) NAME OF PERSON: CHEVALIER EMILE L. BOULPAEP, MD(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:(C) BOARD MEMBER OF SUPPORTING DONOR ENTITIES(D) DESCRIPTION OF TRANSACTION DONATIONS FOR EPONYMOUS FELLOWSHIPS FROM HOOVER FOUNDATION BRUSSELS, FRANCQUI FOUNDATION, HOOVER FOUNDATION LOUVAIN/LEUVEN AND KING BOUDOUIN FOUNDATION FUNDS(A) NAME OF PERSON: BARON DANIEL JANSSEN(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:(C) BOARD MEMBER OF SUPPORTING DONOR ENTITIES(D) DESCRIPTION OF TRANSACTION DONATIONS FOR EPONYMOUS FELLOWSHIPS FROM: HOOVER FOUNDATION BRUSSELS AND KING BOUDOUIN FOUNDATION, FRIENDS OF BAEF FUND	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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.
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 11	990 is reviewed and approved by president and chairman before filing.
Form 990, Part VI, Section B, line 12c	the board of directors meet three times annually at which time any matters affecting conflicts of interest are disclosed and discussed.
Form 990, Part VI, Section B, line 15	annual fiscal 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	foundation center website
Form 990, Part VI, Section C, line 19	upon request
Form 990, Part XI, line 9:	ROUNDING ADJUSTMENT 1.
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.