2014-05-06T10:47:43-05:00 2013-06-30 134008324 PRICEWATERHOUSECOOPERS LLP 125 HIGH STREET BOSTON MA 02110 990 2012-07-01 271642647 BABSON GLOBAL INC BABS 7812351200 231 FOREST STREET BABSON PARK MA 024570310 SHAHID ANSARI 7812351200 2014-05-06 1 GWEN SPENCER P00641463 6175305000 2012 2015-11-30 17:44:51Z SHAHID ANSARI 231 FOREST STREET BABSON PARK MA 02457 7202869 0 X N/A X 2010 MA 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. 8 7 0 0 0 0 1501863 749516 3474842 6453353 0 0 0 0 4976705 7202869 0 0 0 0 141429 429 0 0 0 5213853 6178157 5355282 6178586 -378577 1024283 2699701 3848519 3064275 3188810 -364574 659709 X BABSON GLOBAL,INC (THE "ORGANIZATION") WAS FORMED ON JANUARY 7, 2010 EXCLUSIVELY TO PERFORM INTERNATIONALLY AND TO CARRY OUT CERTAIN EDUCATIONAL PURPOSE 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. 0 0 5314358 6453353 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. 5314358 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 0 0 0 MA X RICHARD BOWMAN 7812395298 NICHOLS BUILDING BABSON COLLEGE BABSON PARK MA 024570301 SHAHID ANSARI 20.00 40.00 X X 0 347650 27798 ASHEESH ADVANI 1.20 X 0 0 0 MARLA CAPOZZI 1.20 1.20 X 0 0 0 LOUIS J LAVIGNE JR 1.20 1.20 X 0 0 0 STEVEN KOLTAI 1.20 X 0 0 0 THOMAS STALLKAMP 1.20 1.20 X 0 0 0 RONALD G WEINER 1.20 X 0 0 0 JOSEPH WINN 1.20 1.20 X 0 0 0 FARHOUD KAFI 1.20 X 0 0 0 JONATHAN MOLL 20.00 40.00 X 0 230286 49674 TRACEE PETRILLO 20.00 40.00 X 0 133818 21758 ANTHONY DEGREGORIO 20.00 40.00 X 0 74774 2500 PHILIP N SHAPIRO 0.00 40.00 X 0 279364 53924 0 1065892 155654 0 1 1 0 BABSON COLLEGE 231 FOREST STREET BABSON PARK MA 02457 MGT. SERV./CONSULTING 2007415 STRATESPHERE 100 CREEKSIDE PLAZA GAHANNA OH 43230 CONSULTING 924000 2 747715 1801 749516 SERVICE FEES 611710 6453353 6453353 6453353 7202869 6453353 0 0 429 429 926157 924357 1800 111572 44111 67461 14548 8759 5789 65263 65263 610556 534413 76143 PAYMENTS UNDER MSA 4445064 3737119 707945 BAD DEBT & DEBT EXPENSE 4997 336 4661 6178586 5314358 864228 0 2316253 3496694 149583 348960 233865 2865 2699701 3848519 1179285 1145503 1884990 2043307 3064275 3188810 X -364574 659709 -364574 659709 2699701 3848519 1024283 0 X X 0 1 X 0 0 X X X 0 0 0 BABSON COLLEGE 042103544 2 1 1 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICE EDUCATIONAL ADVICE AND ASSISTANCE 670000 EAST ASIA 1 2 PROGRAM SERVICE EDUCATIONAL ADVICE AND ASSISTANCE 263514 SOUTH ASIA 0 0 PROGRAM SERVICE EDUCATIONAL ADVICE AND ASSISTANCE 150000 SOUTH AMERICA 0 0 PROGRAM SERVICE EDUCATIONAL ADVICE AND ASSISTANCE 1022154 1 2 0 0 1 2 2105668 0 2105668 0 0 0 0 0 1 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: ALL THE NUMBERS ARE BASED ON THE AMOUNTS ASSOCIATED WITH THE ACTIVITY ON THE ORGANIZATION'S TRIAL BALANCE. 0 0 0 0 0 0 0 0 0 SHAHID ANSARI 0 273947 0 37417 0 36286 0 27798 0 0 0 375448 0 0 JONATHAN MOLL 0 229781 0 0 0 505 0 26298 0 23376 0 279960 0 0 TRACEE PETRILLO 0 133715 0 0 0 103 0 14118 0 7640 0 155576 0 0 PHILIP N SHAPIRO 0 262364 0 0 0 17000 0 27798 0 26126 0 333288 0 0 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 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 TRUSTEES PRIOR TO FILING WITH THE IRS. SCHEDULE B IS AVAILABLE BY REQUEST. 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 QUESTIONNAIRE 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. 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 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 XII, LINE 2C THE AUDIT COMMITTEE OF THE ORGANIZATION'S PARENT, BABSON COLLEGE, IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT. THE AUDIT COMMITTEE OF BABSON COLLEGE REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS. BABSON COLLEGE 231 FOREST STREET BABSON PARK MA 02457 042103544 EDUCATIONAL MA 501 (C)(3) LINE 2 0 CHARITABLE REMAINDER UNITRUST (2) FUNDRAISING MA BABSON COLLEGE T 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0