FOUNDATION FOR MANAGEMENT EDUCATION IN CENTRAL AMERICA: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: FOUNDATION FOR MANAGEMENT EDUCATION IN CENTRAL AMERICA (EIN 54-1492775)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-05-10
IRS object ID: 201621319349302417
Schema version: 2015v2.1
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-05-10T14:41:08-05:00	ReturnTs
Tax Period End	2015-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4250 N FAIRFAX DRIVE SUITE 1020	AddressLine1Txt
City	ARLINGTON	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22203	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2015-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	541492775	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FOUNDATION FOR MANAGEMENT EDUCATION IN	BusinessNameLine1Txt
Business Name Line2	CENTRAL AMERICA	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	FOUN	BusinessNameControlTxt
Phone	3013200680	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 639	AddressLine1Txt
City	GLEN ECHO	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	20812	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	GEORGE W LOGAN	PersonNm
Person Title	BOARD PRESIDENT	PersonTitleTxt
Phone	3013200680	PhoneNum
Signature	2016-04-05	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DAVID TRIMNER	PreparerPersonNm
PTIN	P00444822	PTIN
Phone	5712279500	PhoneNum

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2016-09-27 15:27:22Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	THE INCAE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	GEORGE W LOGAN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 639	AddressLine1Txt
City	GLEN ECHO	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	20812	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,377,152	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1980	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	TO MAKE GRANTS TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA.	ActivityOrMissionDesc
Voting Members Governing Body	10	VotingMembersGoverningBodyCnt
Voting Members Independent	10	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	10	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$1,025,060	PYContributionsGrantsAmt
CY Contributions Grants	$569,804	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$909,553	PYInvestmentIncomeAmt
CY Investment Income	$654,620	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$1,934,613	PYTotalRevenueAmt
CY Total Revenue	$1,224,424	CYTotalRevenueAmt
PY Grants And Similar Paid	$1,402,485	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$970,170	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$160,071	PYOtherExpensesAmt
CY Other Expenses	$85,301	CYOtherExpensesAmt
PY Total Expenses	$1,562,556	PYTotalExpensesAmt
CY Total Expenses	$1,055,471	CYTotalExpensesAmt
PY Revenues Less Expenses	$372,057	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$168,953	CYRevenuesLessExpensesAmt
Total Assets BOY	$8,376,977	TotalAssetsBOYAmt
Total Assets EOY	$7,749,484	TotalAssetsEOYAmt
Total Liabilities BOY	$377,435	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$204,000	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$7,999,542	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$7,545,484	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROMOTE THE STUDY OF MANAGEMENT AND RELATED DISCIPLINES AND TO DEVELOP AND IMPLEMENT EDUCATIONAL PROGRAMS IN AND FOR CENTRAL AMERICA BY AWARDING GRANTS TO EXEMPT ORGANIZATIONS IN THE UNITED STATES AND LATIN AMERICA.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$970,170	ExpenseAmt
Grant	$970,170	GrantAmt
Desc	GRANTMAKING: GRANTS TO INCAE AND OTHER SCHOOLS TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA.	Desc
Total Program Service Expenses	$970,170	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	Yes (1)	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	Yes (1)	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	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	0	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	0	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	1	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
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	10	GoverningBodyVotingMembersCnt
Independent Voting Member	10	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LARRY SLESINGER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3013200680	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5016 WESTPATH TERRACE	AddressLine1Txt
City	BETHESDA	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	20816	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
GEORGE W LOGAN
PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
VICTOR BALESTRA
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MICHAEL C WILLIAMS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
STEPHEN CAMPBELL
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
FRANCISCO DE SOLA
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ROBERTO ARTAVIA
DIRECTOR	1.00	Yes (X)		$0	$0	$0
SUSAN KAUFMAN PURCELL
DIRECTOR	1.00	Yes (X)		$0	$0	$0
FREDERICO SACASA
VICE PRESIDENT & SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
BRIZIO BIONDI-MORRA
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ENRIQUE BOLANOS
DIRECTOR	1.00	Yes (X)		$0	$0	$0

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
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$569,804	AllOtherContributionsAmt
Total Contributions	$569,804	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$97,269	TotalRevenueColumnAmt
Exclusion	$97,269	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$2,710,079	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$2,152,728	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$557,351	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$557,351	TotalRevenueColumnAmt
Exclusion	$557,351	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,224,424	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$654,620	ExclusionAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$970,170	TotalAmt
Program Services	$970,170	ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$70,800	TotalAmt
Management And General	$70,800	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$10,188	TotalAmt
Management And General	$10,188	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$293	TotalAmt
Management And General	$293	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,101	TotalAmt
Management And General	$1,101	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$207	TotalAmt
Management And General	$207	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,712	TotalAmt
Management And General	$2,712	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,055,471	TotalAmt
Program Services	$970,170	ProgramServicesAmt
Management And General	$85,301	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$15,046	BOYAmt
EOY	$15,795	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,882	BOYAmt
EOY	$1,882	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$8,360,049	BOYAmt
EOY	$7,731,807	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$8,376,977	BOYAmt
EOY	$7,749,484	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$377,435	BOYAmt
EOY	$204,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$377,435	BOYAmt
EOY	$204,000	EOYAmt

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,810,268	BOYAmt
EOY	$5,442,947	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$86,737	BOYAmt
EOY	$0	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,102,537	BOYAmt
EOY	$2,102,537	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,999,542	BOYAmt
EOY	$7,545,484	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$8,376,977	BOYAmt
EOY	$7,749,484	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$168,953	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$623,011	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
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	Yes (1)	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	$175,397	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,353,131	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$843,659	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,025,060	CurrentTaxYearMinus1YearAmt
Current Tax Year	$569,804	CurrentTaxYearAmt
Total	$3,967,051	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$175,397	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,353,131	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$843,659	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,025,060	CurrentTaxYearMinus1YearAmt
Current Tax Year	$569,804	CurrentTaxYearAmt
Total	$3,967,051	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,593,624	SubstantialContributorsTotAmt
Public Support Total170	$2,373,427	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$170,338	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$159,950	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$162,808	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$189,828	CurrentTaxYearMinus1YearAmt
Current Tax Year	$97,269	CurrentTaxYearAmt
Total	$780,193	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$4,747,244	TotalSupportAmt
Gross Receipts Rltd Activities	$2,493,394	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.50000	PublicSupportCY170Pct
Public Support PY170	0.50560	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

Field	Value	IRS element (for citing)
Donor Advised Funds Held	35	DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri	$569,804	DonorAdvisedFundsContriAmt
Donor Advised Funds Grants	$569,804	DonorAdvisedFundsGrantsAmt
Disclosed Org Leg Ctrl	0	DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps	Yes (1)	DisclosedForCharitablePrpsInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,189,274	BeginningYearBalanceAmt
Investment Earnings Or Losses	$8,484	InvestmentEarningsOrLossesAmt
Other Expenditures	$105,127	OtherExpendituresAmt
End Year Balance	$2,092,631	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,147,458	BeginningYearBalanceAmt
Investment Earnings Or Losses	$146,943	InvestmentEarningsOrLossesAmt
Other Expenditures	$105,127	OtherExpendituresAmt
End Year Balance	$2,189,274	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,859,996	BeginningYearBalanceAmt
Investment Earnings Or Losses	$392,589	InvestmentEarningsOrLossesAmt
Other Expenditures	$105,127	OtherExpendituresAmt
End Year Balance	$2,147,458	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,768,480	BeginningYearBalanceAmt
Investment Earnings Or Losses	$196,643	InvestmentEarningsOrLossesAmt
Other Expenditures	$105,127	OtherExpendituresAmt
End Year Balance	$1,859,996	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,850,759	BeginningYearBalanceAmt
Investment Earnings Or Losses	$22,848	InvestmentEarningsOrLossesAmt
Other Expenditures	$105,127	OtherExpendituresAmt
End Year Balance	$1,768,480	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.00000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	1.00000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.00000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$31,609	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$623,011	NetUnrealizedGainsInvstAmt
Revenue Not Reported	-$623,011	RevenueNotReportedAmt
Revenue Subtotal	$654,620	RevenueSubtotalAmt
Other Revenues Not Included	$569,804	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$569,804	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,224,424	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$485,667	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$485,667	ExpensesSubtotalAmt
Other Expenses Not Included	$569,804	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$569,804	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,055,471	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART V, LINE 4:	INVESTMENT INCOME TO FUND GENERAL OPERATIONS OF THE FOUNDATION.
PART X, LINE 2:	THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	DONOR ADVISED FUNDS RECEIVED 569,804.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	DONOR ADVISED FUNDS PAID 569,804.

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	CARIBBEAN	RegionTxt
Type Of Activities Conducted	PROGRAM SERVICES	TypeOfActivitiesConductedTxt
Specific Services Provided	PROVIDES GRANTS AND SCHOLARSHIPS TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA	SpecificServicesProvidedTxt
Region Total Expenditures	$1,143,605	RegionTotalExpendituresAmt

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continutation Total Office	0	ContinutationTotalOfficeCnt
Continutation Total Employee	0	ContinutationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$1,143,605	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$1,143,605	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

Field	Value	IRS element (for citing)
Region	CENTRAL AMERICA & CARRIBEAN	RegionTxt
Purpose Of Grant	TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA.	PurposeOfGrantTxt
Cash Grant	$1,143,605	CashGrantAmt
Manner Of Cash Disbursement	VIA CHECKS DEPOSITED IN INCAE'S BANK IN THE USA	MannerOfCashDisbursementTxt

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

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	FMECA RECEIVES PROGRESS REPORTS FROM THE RECTOR (DIRECTOR/CEO) OF INCAE AT THE BOARD MEETINGS. THE BOARD MEETS EVERY TWO YEARS AT INCAE, WHERE THEY MEET STUDENTS WHO HAVE RECEIVED SUPPORT AND REVIEW THE SCHOOL IN OPERATION.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	BOARD MEMBERS ARTURO CONDO, ROBERTO ARTAVIA, AND BRIZIO BIONDI-MORRA ARE ON THE STAFF OR BOARD OF INCAE, AND THE ORGANIZATION PROVIDES DONOR ADVISED FUNDS AND GRANTS TO INCAE. OTHER RELATIONSHIPS INCLUDE FAMILY RELATIONSHIPS WITH GEORGE LOGAN AND MICHAEL WILLIAMS.
FORM 990, PART VI, SECTION A, LINE 3	THE ORGANIZATION CONTRACTS WITH SLESINGER MANAGEMENT SERVICES TO PROVIDE ADMINISTRATIVE SUPPORT.
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS PREPARED BY AN ACCOUNTING FIRM, AND THE DRAFT IS REVIEWED BY THE ADMINISTRATOR, THE BOARD PRESIDENT AND TREASURER. THE UPDATED DRAFT IS THEN FORWARDED TO BOARD MEMBERS FOR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	ON AN ANNUAL BASIS, EACH BOARD MEMBER IS TO REVIEW AND SIGN A CONFLICT OF INTEREST FORM WHICH DISCLOSES ANY KNOWN OR POTENTIAL CONFLICTS. THE SIGNED FORM IS COLLECTED BY THE ADMINISTRATOR AND REVIEWED BY THE BOARD PRESIDENT AND TREASURER. PER THE POLICY, IF A CONFLICT IS IDENTIFIED, WHILE THE CONFLICT IS UNDER REVIEW, THE OFFICIAL MAY NOT DEBATE, VOTE, OR OTHERWISE PARTICIPATE IN THE DETERMINATION AS TO WHETHER THE CONFLICT MATERIALLY AND ADVERSELY AFFECTS THE INTERESTS OF THE FOUNDATION. THE BOARD SHALL DETERMINE AN APPROPRIATE REMEDY WHICH MAY INCLUDE RECUSAL OF THE CONFLICTED OFFICIAL FROM PARTICIPATING IN CERTAIN MATTERS PENDING BEFORE THE BOARD OR OTHER FOUNDATION BODY.
FORM 990, PART VI, SECTION B, LINE 15	NOT APPLICABLE AS NO EMPLOYEES AND THE BOARD OFFICERS DO NOT RECEIVE ANY COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.