2016-05-10T14:41:08-05:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2015-01-01 541492775 FOUNDATION FOR MANAGEMENT EDUCATION IN CENTRAL AMERICA FOUN 3013200680 PO BOX 639 GLEN ECHO MD 20812 GEORGE W LOGAN BOARD PRESIDENT 3013200680 2016-04-05 1 DAVID TRIMNER P00444822 5712279500 2015 2016-09-27 15:27:22Z THE INCAE FOUNDATION GEORGE W LOGAN PO BOX 639 GLEN ECHO MD 20812 3377152 0 X N/A X 1980 VA TO MAKE GRANTS TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA. 10 10 0 10 0 0 1025060 569804 0 0 909553 654620 0 0 1934613 1224424 1402485 970170 0 0 0 0 0 0 0 160071 85301 1562556 1055471 372057 168953 8376977 7749484 377435 204000 7999542 7545484 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. 0 0 970170 970170 GRANTMAKING: GRANTS TO INCAE AND OTHER SCHOOLS TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA. 970170 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LARRY SLESINGER 3013200680 5016 WESTPATH TERRACE BETHESDA MD 20816 X GEORGE W LOGAN PRESIDENT 1.00 X X 0 0 0 VICTOR BALESTRA DIRECTOR 1.00 X 0 0 0 MICHAEL C WILLIAMS DIRECTOR 1.00 X 0 0 0 STEPHEN CAMPBELL TREASURER 1.00 X X 0 0 0 FRANCISCO DE SOLA DIRECTOR 1.00 X 0 0 0 ROBERTO ARTAVIA DIRECTOR 1.00 X 0 0 0 SUSAN KAUFMAN PURCELL DIRECTOR 1.00 X 0 0 0 FREDERICO SACASA VICE PRESIDENT & SECRETARY 1.00 X X 0 0 0 BRIZIO BIONDI-MORRA DIRECTOR 1.00 X 0 0 0 ENRIQUE BOLANOS DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 569804 569804 97269 97269 2710079 2152728 557351 557351 557351 1224424 0 0 654620 970170 970170 70800 70800 10188 10188 293 293 1101 1101 207 207 2712 2712 1055471 970170 85301 0 15046 15795 1882 1882 8360049 7731807 8376977 7749484 377435 204000 377435 204000 X 5810268 5442947 86737 0 2102537 2102537 7999542 7545484 8376977 7749484 168953 -623011 0 X 0 1 X 1 0 X 175397 1353131 843659 1025060 569804 3967051 175397 1353131 843659 1025060 569804 3967051 1593624 2373427 170338 159950 162808 189828 97269 780193 4747244 2493394 0.50000 0.50560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35 569804 569804 0 1 2189274 8484 105127 2092631 2147458 146943 105127 2189274 1859996 392589 105127 2147458 1768480 196643 105127 1859996 1850759 22848 105127 1768480 0.00000 1.00000 0.00000 0 0 0 X 31609 -623011 -623011 654620 569804 569804 1224424 485667 0 485667 569804 569804 1055471 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. 1 CARIBBEAN PROGRAM SERVICES PROVIDES GRANTS AND SCHOLARSHIPS TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA 1143605 0 0 0 0 0 0 1143605 0 1143605 CENTRAL AMERICA & CARRIBEAN TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA. 1143605 VIA CHECKS DEPOSITED IN INCAE'S BANK IN THE USA 0 0 0 0 0 0 PART I, LINE 2: 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. 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.