2016-04-15T11:43:15-05:00 2015-11-30 541498950 RENNER AND COMPANY CPA PC 700 NORTH FAIRFAX ST SUITE 400 ALEXANDRIA VA 22314 990 2014-12-01 454960988 GLOBAL BUSINESS COALITION FOR EDUCATION INC GLOB 2031162735 599 LEXINGTON AVENUE NEW YORK NY 10022 SARAH BROWN DIRECTOR-EDUCATION 2031162735 2016-04-14 1 CATHERINE M PENNINGTON CPA P00138382 7035351200 2014 2016-08-17 19:52:53Z DAVID BOUTCHER 599 LEXINGTON AVENUE NEW YORK NY 10022 1061639 0 X WWW.GBC-EDUCATION.ORG X 2012 DE TO ENGAGE THE PRIVATE SECTOR IN THE WORLD'S MOST PRESSING GLOBAL EDUCATION ISSUES 3 3 11 3 0 0 1188449 229461 907651 832178 0 0 0 0 2096100 1061639 75545 5615 0 0 633673 842696 0 0 26754 515625 536685 1224843 1384996 871257 -323357 1421357 1037979 220299 160278 1201058 877701 X THE PURPOSE OF THE ORGANIZATION IS TO ENGAGE THE PRIVATE SECTOR IN THE WORLD'S MOST PRESSING GLOBAL EDUCATION ISSUES. THE OVERALL MISSION IS EDUCATION FOR ALL THE WORLD'S CHILDREN. PROGRAMS ARE FUNDED THROUGH DONATIONS, GRANTS AND DUES FROM MEMBER COMPANIES AND OTHERS. 0 0 1269975 5615 PROGRAM SERVICES -BY JOINING GBC-EDUCATION, COMPANIES BECOME PART OF A GLOBAL MOVEMENT OF BUSINESSES COMMITTED TO CHANGING CHILDRENS LIVES THROUGH EDUCATION.A BUSINESS-LED, ACTION-ORIENTED ORGANIZATION, GBC-EDUCATION FOCUSES ON FOUR CORE FUNCTIONS: CONNECT, COOPERATE, SHOWCASE AND DISCOVER.CONNECT: WHILE MANY COMPANIES ALREADY ENGAGE IN EDUCATION THROUGH PHILANTHROPIC OR SOCIAL INVESTMENT PROGRAMS, THESE ACTIONS REQUIRE COORDINATION TO HAVE GREATER IMPACT. GBC-EDUCATION'S FORUM INCREASES COMPANIES' EFFECTIVENESS BY CREATING "MEMBERS-ONLY" SPACES FOR COMPANY LEADERS TO CONNECT AND IDENTIFY CUTTING-EDGE OPPORTUNITIES FOR PROGRAM SERVICE ACCOMPLISHMENTS: COLLABORATION. WE WORK WITH OUR MEMBERS TO LEVERAGE ECONOMIES OF SCALE. COOPERATE: IN ADDITION TO CONNECTING COMPANIES, WE CREATE AVENUES FOR COOPERATION WITH GOVERNMENTS, BILATERAL AND MULTILATERAL AGENCIES,FOUNDATIONS AND CIVIL SOCIETY ORGANIZATIONS. WE CONNECT MEMBERS WITHHIGH-LEVEL POLICYMAKERS TO ADVOCATE FOR QUALITY EDUCATION AND LEARNINGAND EXPOSE COMPANIES TO THE LATEST INITIATIVES BEING SPEARHEADED BY EDUCATION ORGANIZATIONS AROUND THE WORLD.SHOWCASE: WE SHOW THAT BUSINESS IS AN ACTIVE PARTNER IN EDUCATING THEWORLD'S CHILDREN AND YOUTH. GBC-EDUCATION HIGHLIGHTS ITS MEMBERS' WORK AND THEIR THOUGHT LEADERSHIP TO LARGE INTERNATIONAL AUDIENCES TO COMMUNICATE THE IMPORTANCE OF GETTING INVOLVED IN EDUCATION AND TO INSPIRE OTHERS TO ACTION.DISCOVER: WE FACILITATE RESEARCH PROJECTS THAT IDENTIFY OPPORTUNITIESFOR EFFECTIVE INVESTMENTS IN EDUCATION AND ESTABLISH BEST PRACTICES TOGUIDE CORPORATE EFFORTS, SEEKING TO BRING REAL EDUCATIONAL OUTCOMES FORCHILDREN AND YOUTH. 1269975 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 11 1 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 NY X THE ORGANIZATION 2031162735 599 LEXINGTON AVENUE NEW YORK NY 10022 X SARAH BROWN CHAIR OF THE BOARD OF DIRECTORS 6.00 X X 0 0 0 DAVID BOUTCHER SECRETARY OF THE BOARD OF DIRECTORS 6.00 X X 0 0 0 EDWARD ESTRADA BOARD MEMBER 1.00 X 0 0 0 KOLLEEN M BOUCHANE GBC-EDUCATION DIRECTOR OF ADVOCACY 40.00 X 118450 0 0 118450 0 0 1 0 0 0 THEIRWORLD THE BROADGATE TOWER 20 PRIMROSE ST LONDON UK MANAGEMENT AND ADMINISTRATION 103645 1 229461 229461 MEMBERSHIPS 900099 832178 832178 832178 1061639 832178 0 0 X 1513 1513 4102 4102 778814 778814 63882 63882 103645 62446 41199 33300 33300 258342 257842 500 1712 1712 10824 3310 7514 52103 46924 1790 3389 56719 35244 1298 20177 1884 1094 60 730 FOOD AND MEALS 4570 4570 PRINTING 3826 3514 312 SUPPLIES 3235 3061 121 53 MISCELLANEOUS 2747 2150 597 3778 1509 364 1905 1384996 1269975 88267 26754 821357 599979 600000 348000 90000 1421357 1037979 52897 40054 167402 120224 220299 160278 X 291809 406918 909249 470783 1201058 877701 1421357 1037979 -323357 0 X X 1 X 0 1 0 X 129414 336400 1188449 229461 1883724 129414 336400 1188449 229461 1883724 1396827 486897 1883724 2775362 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 909249 198897 637363 470783 115733 1146230 352714 909249 1.00000 0 0 0 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE INTENDED TO FURTHER THE OPERATIONS OF THE ORGANIZATION. PART X, LINE 2: IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES, WHICH CLARIFIED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, GBC-EDUCATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES HAVE BEEN RECORDED AS A RESULT OF TAX UNCERTAINTIES. THE TAX YEARS ENDING NOVEMBER 30, 2012, 2013 AND 2014 REMAIN OPEN TO EXAMINATION BY TAX JURISDICTIONS TO WHICH GBC-EDUCATION IS SUBJECT. 1 EUROPE 0 2 ADMINISTRATIVE SUPPORT TO PROGRAMS 186253 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, 0 1 PROGRAM SUPPORT PROGRAM SUPPORT 4000 0 3 0 0 0 3 190253 0 190253 0 0 0 0 0 0 PART I, LINE 2: USED APPLICATIONS AND SUBSEQUENT REPORTING TO MONITOR ACTIVITIES FORM 990, PART VI THE ORGANIZATION HAS NO COMPENSATION POLICIES AS IT DOES NOT COMPENSATE ITS TOP EXECUTIVE, ITS OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 3 MOST OF THE MANAGEMENT ACTIVITIES ARE PERFORMED BY THEIRWORLD, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE GOVERNING BODY DID NOT HAVE ANY COMMITTEES AS OF 11/30/15. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, FORM 990 IS DISTRIBUTED TO THE GOVERNING BOARD FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION PERIODICALLY TAKES ACTION TO MONITOR COMPLIANCE OF ALL EMPLOYEES WITH THE CONFLICTS OF INTEREST POLICY. THIS IS DONE THROUGH AN EMAIL TO ALL EMPLOYEES SETTING FORTH THE POLICY AND ASKING EMPLOYEES TO REPORT ANY CONFLICTS OF INTEREST THAT VIOLATE THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT GENERALLY MAKE ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC, BUT WILL PROVIDE THEM TO PARTIES ON AN AS NEEDED BASIS. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 257,842. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 500. TOTAL EXPENSES 258,342. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DOES NOT HAVE A COMMITTEE, HOWEVER THE BOARD REVIEWS AND APPROVES THE COMPILED FINANCIAL STATEMENTS. THEIRWORLD BROADGATE TOWER 20 PRIMROSE STREET LONDON UK EDUCATIONAL MISSION SIMILAR TO THE US ORGANIZATION UK 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 THEIRWORLD M 103645 PER CONTRACT