2016-05-09T15:57:11-05:00 2015-06-30 PricewaterhouseCoopers LLP 101 SEAPORT BOULEVARD Boston MA 02210 990 2014-07-01 271642647 Babson Global Inc % RICHARD BOWMAN BABS 7812395298 231 Forest Street Babson Park MA 024570310 SHAHID ANSARI CEO 7812395298 2016-05-06 true ERIN COUTURE P01390592 6175305000 2014 2016-08-17 19:52:53Z SHAHID ANSARI 231 FOREST STREET BABSON PARK MA 024570310 33665523 false X N/A X 2010 MA SEE SCHEDULE O 7 6 0 0 0 0 331978 20262423 11663296 13375706 0 27394 0 0 11995274 33665523 0 0 0 0 0 0 0 0 0 10581132 11003781 10581132 11003781 1414142 22661742 8980223 35773089 6906372 12383320 2073851 23389769 X SEE SCHEDULE O false false 9346868 13375706 BABSON GLOBAL WAS CREATED TO MANAGE BABSON'S GLOBAL PROJECTS AND ACTIVITIES THAT FALL OUTSIDE OF THE TRADITIONAL OFFERINGS IN UNDERGRADUATE, GRADUATE, AND EXECUTIVE EDUCATION. BASED ON THE REPUTATION, SKILLS, KNOWLEDGE, AND EXPERIENCE OF THE COLLEGE, BABSON GLOBAL DELIVERS PROGRAMS THAT EXTEND ENTREPRENEURIAL THOUGHT AND ACTION TO NEW POPULATIONS. 9346868 true true false false false false false false false true true true false false false false false true false true true false false false false false false false false true false false false false false false false false false false false false false true false false false true 36 0 true 0 false false false false false false false false false false X 7 6 false false false false false true true true true false false false true true true false false false false false MA X RICHARD BOWMAN 7812395298 231 FOREST STREET Babson Park MA 02457 SHAHID ANSARI CEO/PRESIDENT (START 11/14) 40.0 0.0 X X 0 368672 30330 ASHEESH ADVANI DIRECTOR 1.2 0.0 X 0 0 0 MARLA CAPOZZI DIRECTOR (UNTIL 5/15) 1.2 1.2 X 0 56761 0 LOUIS J LAVIGNE JR DIRECTOR (UNTIL 5/15) 1.2 1.2 X 0 0 0 STEVEN KOLTAI DIRECTOR 1.2 0.0 X 0 0 0 RONALD G WEINER DIRECTOR 1.2 0.0 X 0 0 0 JOSEPH WINN DIRECTOR 1.2 1.2 X 0 0 0 PEDRO MARTIN DIRECTOR 1.2 0.0 X 0 0 0 JAMES RULLO DIRECTOR (START 4/15) 1.2 0.0 X 0 0 0 FARHOUD KAFI PRESIDENT (UNTIL 11/14) 40.0 0.0 X 0 208408 39344 JONATHAN MOLL ASSISTANT CLERK/GEN COUNSEL 20.0 40.0 X 0 280816 53740 ANTHONY DEGREGORIO TREASURER (UNTIL 11/14) 20.0 40.0 X 0 144177 37046 JANE EDMONDS CLERK 20.0 40.0 X 0 140873 20188 LULU GUSTAVESEN TREASURER (START 11/14) 0.0 40.0 X 0 52994 7477 PHILIP N SHAPIRO FORMER TREASURER 0.0 40.0 X 0 391869 45119 0 1644570 233244 0 true true false BABSON COLLEGE 231 FOREST STREET BABSON PARK MA 02457 CONSULTING 5382764 STRATESPHERE 100 CREEKSIDE PLAZA GAHANNA OH 43230 CONSULTING 7362500 BAKER BOTTS LLP PO BOX 301251 DALLAS TX 75303 LEGAL SERVICES 110046 TYLER GEERSTEN LLC 3433 CORWIN CT LOOMIS CA 95650 CONSULTING 111228 4 262423 20000000 20262423 SERVICE FEES 611710 13375706 13375706 13375706 27394 27394 0 0 0 0 0 0 0 0 0 0 33665523 13375706 27394 0 0 0 0 0 0 0 0 0 0 2965195 2948293 16902 54721 29388 25333 0 0 0 0 0 0 85678 24253 61425 0 0 4705 4705 732242 719826 12416 0 0 0 0 42179 42179 0 PAYMENTS UNDER MSA 7089440 5624588 1464852 BAD DEBT & DEBT EXPENSE 22035 22035 OTHER EXPENSE 7586 520 7066 11003781 9346868 1656913 0 5320421 8975554 1000671 1002370 0 18000000 449784 976182 0 0 0 0 0 0 0 0 19542 2489785 210894 63268 189805 147626 0 0 2000000 4181572 0 0 0 0 0 0 8980223 35773089 688509 1318011 0 0 6217863 11065309 0 0 0 0 0 0 0 0 0 0 0 0 6906372 12383320 X 2073851 3512466 0 9877303 0 10000000 2073851 23389769 8980223 35773089 X 22661742 154178 -1500002 X false true X false false X X X 1 BABSON COLLEGE 042103544 2 true 1500002 0 1 1500002 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2000000 2000000 181572 4181572 2000000 2000000 1.00000 false true true 210894 63268 147626 147626 INVESTMENTS 4181572 F 4181572 SCHEDULE D, PART V, LINE 3A(II) THE ENDOWMENT FUNDS OF BABSON GLOBAL ARE INTENDED TO SUPPORT BABSON GLOBAL'S MISSION OF DELIVERING PROGRAMS THAT EXTEND ENTREPRENEURIAL THOUGHT AND ACTION TO NEW POPULATIONS THROUGHOUT THE WORLD. East Asia and the Pacific 3 Program Services TEACHING PROGRAM 121956 Middle East and North Africa 3 Program Services TEACHING PROGRAM 89802 South America 3 Program Services TRAINING PROGRAM 140000 Middle East and North Africa 1 Program Services EDUCATIONAL ASSISTANCE 117900 East Asia and the Pacific 1 6 Program Services EDUCATIONAL ASSISTANCE 433929 South Asia 2 Program Services RESEARCH DATA ANALYSIS 70000 1 18 1 18 973587 973587 false false false false false true PART I, LINE 3 ALL THE NUMBERS ARE BASED ON THE AMOUNTS ASSOCIATED WITH THE ACTIVITY ON THE ORGANIZATION'S TRIAL BALANCE. true false false false false false false false false SHAHID ANSARI CEO/PRESIDENT (START 11/14) 0 348568 0 0 0 20104 0 28860 0 1470 0 399002 0 0 FARHOUD KAFI PRESIDENT (UNTIL 11/14) 0 207456 0 0 0 952 0 22186 0 17158 0 247752 0 0 JONATHAN MOLL ASSISTANT CLERK/GEN COUNSEL 0 279647 0 0 0 1169 0 28860 0 24880 0 334556 0 0 ANTHONY DEGREGORIO TREASURER (UNTIL 11/14) 0 143743 0 0 0 434 0 13867 0 23179 0 181223 0 0 JANE EDMONDS CLERK 0 140348 0 0 0 525 0 13779 0 6409 0 161061 0 0 PHILIP N SHAPIRO FORMER TREASURER 0 98334 0 0 0 293535 0 17914 0 27205 0 436988 0 0 SCHEDULE J, PART I, LINE 3 ALL EMPLOYEES WERE COMPENSATED BY A RELATED ORGANIZATION WHILE THEY SERVED AS OFFICERS OF THE ORGANIZATION DURING THE FISCAL YEAR. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION SURVEYS - COMPENSATION COMMITTEE - APPROVAL BY THE COMPENSATION COMMITTEE SCHEDULE J, PART I, LINE 4A PHILIP SHAPIRO SEPARATED FROM BABSON COLLEGE, A RELATED ORGANIZATION, IN 2014. IN CONNECTION WITH HIS SEPARATION, HE RECEIVED 1 YEAR OF SEVERANCE COMPENSATION AND BENEFITS. THE AMOUNT PAID IN 2014 OF $233,333 IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). FORM 990, PART I, LINE 1 AND PART III LINE 1 DESCRIPTION OF ORGANIZATION MISSION BABSON GLOBAL, INC. (THE "ORGANIZATION") WAS FORMED ON JANUARY 7, 2010 EXCLUSIVELY TO PERFORM INTERNATIONALLY AND TO CARRY OUT CERTAIN EDUCATIONAL PURPOSES OF, AND OTHERWISE ADVANCE AND SUPPORT THE EDUCATIONAL OBJECTIVES OF BABSON COLLEGE, A MASSACHUSETTS NON-PROFIT EDUCATIONAL CORPORATION ("BABSON") PARTICULARLY WITH THE OBJECTIVE OF DEMOCRATIZING GLOBAL ENTREPRENEURSHIP. FORM 990, PART VI , SECTION A, LINE 7A BABSON COLLEGE, A RELATED ORGANIZATION, IS A MEMBER AND CAN ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B BABSON COLLEGE APPROVES GOVERNING BODY DECISIONS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED INTERNALLY AND REVIEWED BY MANAGEMENT AND PRICEWATERHOUSECOOPERS, LLP ("PWC"). THE FULL 990 RETURN, INCLUDING SCHEDULE B, IS THEN REVIEWED BY SENIOR MANAGEMENT AND THE AUDIT COMMITTEE. THE FINAL FORM 990, WITH THE EXCEPTION OF SCHEDULE B, IS THEN MADE AVAILABLE TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. PWC SIGNS THE RETURN AS PAID PREPARER. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL DIRECTORS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE AND STATEMENT OF COMPLIANCE. THEIR RESPONSE TO THE QUESTTIONNAIRE IS REVIEWED BY MANAGEMENT. IN ADDITION, PAYROLL AND VENDOR FILES ARE REVIEWED FOR THE EXISTENCE OF TRANSACTIONS WITH RELATED PARTIES. IF A CONFLICT OCCURS, THE BOARD MEMBER WILL RECUSE HIM OR HERSELF FROM ANY MATTERS RELATING TO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 13 AND 14 DIRECTORS AND OFFICERS OF BABSON GLOBAL ALSO SERVE AS OFFICERS AND DIRECTORS OF BABSON COLLEGE. IN THAT CAPACITY THEY ARE BOUND BY THE POLICIES OF BABSON COLLEGE. THESE POLICIES HAVE NOT BEEN APPROVED BY THE BOARD OR A COMMITTEE OF THE BOARD OF DIRECTORS OF BABSON GLOBAL, INC. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT AND OFFICERS OF BABSON GLOBAL, INC, ARE COMPENSATED BY BABSON COLLEGE. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION SURVEYS - COMPENSATION COMMITTEE - APPROVAL BY THE COMPENSATION COMMITTEE FORM 990, PART VI, SECTION C, LINE 19 BABSON GLOBAL DOES NOT MAKE AVAILABLE TO THE PUBLIC OUR CONFLICT OF INTEREST POLICY, OR OTHER GOVERNING DOCUMENTS. FINANCIAL STATEMENTS ARE AVAILABLE AS PART OF THE ORGANIZATION'S FILING WITH THE MA ATTORNEY GENERAL. FORM 990, PART XI, LINE 9 EQUITY TRANSFER TO BABSON COLLEGE ($1,500,002) BABSON COLLEGE 231 FOREST STREET BABSON PARK MA 02457 042103544 EDUCATIONAL MA 501(C)(3) LINE 2 false CHARITABLE REMAINDER UNITRUST (2) FUNDRAISING MA BABSON COLLEGE TRUST false false false true false false false false false false false false false true true false false false true false