BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC (EIN 13-1606002)
Tax period
2012-09-01 to 2013-08-31
Filed
2014-05-07
IRS object ID
201441279349300744
Schema version
2012v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-05-07T13:00:05-05:00Timestamp
Tax Period End Date2013-08-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN112973036EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1SHALIK MORRIS & COMPANY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line180 CROSSWAYS PARK DRIVE WESTAddressLine1
CityWOODBURYCity
StateNYState
ZIP Code11797ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-09-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN131606002EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1BELGIAN AMERICAN EDUCATIONAL FDNTN INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBELGNameControl
Phone2037775765Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1195 CHURCH STREETAddressLine1
CityNEW HAVENCity
StateCTState
ZIP Code06510ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDR EMILE L BOULPAEPName
TitlePRESIDENTTitle
Phone2034854055Phone
Date Signed2014-05-07DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRICHARD BROWNName
PTINP01219038PTIN
Phone5163388700Phone
Date Prepared2014-05-07DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonDR EMILE L BOULPAEPNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line196 POND MEADOW ROADAddressLine1
CityKILLINGWORTHCity
StateCTState
ZIP Code06419ZIPCode
FieldValueIRS element (for citing)
Gross Receipts14237387GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.BAEF.BEWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1920YearFormation
State Legal DomicileDEStateLegalDomicile
Activity Or Mission DescriptionGRADUATE & POSTGRADUATE EXCHANGE FELLOWSHIP PROGRAM BETWEEN THE UNITED STATES AND BELGIUM.ActivityOrMissionDescription
Nbr Voting Members Governing Body15NbrVotingMembersGoverningBody
Nbr Independent Voting Members15NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year3261233ContributionsGrantsPriorYear
Contributions Grants Current Year2622820ContributionsGrantsCurrentYear
Program Service Revenue Prior Year272597ProgramServiceRevenuePriorYear
Program Service Revenue CY370528ProgramServiceRevenueCY
Investment Income Prior Year7449077InvestmentIncomePriorYear
Investment Income Current Year4584216InvestmentIncomeCurrentYear
Other Revenue Prior Year-18183OtherRevenuePriorYear
Other Revenue Current Year42666OtherRevenueCurrentYear
Total Revenue Prior Year10964724TotalRevenuePriorYear
Total Revenue Current Year7620230TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year2806135GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY3058161GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year82522SalariesEtcPriorYear
Salaries Etc Current Year82252SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year99076TotalFundrsngExpCurrentYear
Other Expense Prior Year496925OtherExpensePriorYear
Other Expenses Current Year535451OtherExpensesCurrentYear
Total Expenses Prior Year3385582TotalExpensesPriorYear
Total Expenses Current Year3675864TotalExpensesCurrentYear
Revenues Less Expenses Prior Year7579142RevenuesLessExpensesPriorYear
Revenues Less Expenses CY3944366RevenuesLessExpensesCY
Total Assets BOY81847594TotalAssetsBOY
Total Assets EOY90598179TotalAssetsEOY
Total Liabilities BOY154925TotalLiabilitiesBOY
Total Liabilities EOY250389TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY81692669NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY90347790NetAssetsOrFundBalancesEOY
Mission DescriptionTHE BAEF IS ENGAGED IN FOSTERING THE HIGHER EDUCATION OF DESERVING BELGIANS AND AMERICANS THROUGH ITS EXCHANGE FELLOWSHIP PROGRAMMissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense2726318Expense
Grants2626691Grants
Revenue2762348Revenue
DescriptionGRADUATE FELLOWSHIP PROGRAMDescription

Activity2 Activity2

FieldValueIRS element (for citing)
Expense419960Expense
Grants404900Grants
Revenue423989Revenue
DescriptionINSTITUTIONAL GRANTSDescription

Activity3 Activity3

FieldValueIRS element (for citing)
Expense27728Expense
Grants26570Grants
Revenue25696Revenue
DescriptionPRIZES AND AWARDSDescription
FieldValueIRS element (for citing)
Total Program Service Expense3174006TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art1CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities1ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office1ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations1MoreThan5000KToOrganizations
More Than5000 K To Individuals1MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp1OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10962NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account1ForeignFinancialAccount
Name Of Foreign CountryBENameOfForeignCountry
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members15NbrVotingGoverningBodyMembers
Number Independent Voting Members15NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval1DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters1LocalChapters
Policies Reference Chapters1PoliciesReferenceChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledCTStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1RICHARD B BROWNBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number5163388700TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line180 CROSSWAYS PARK DRIVE WESTAddressLine1
CityWOODBURYCity
StateNYState
ZIP Code11797ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (15 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
DR MARYAN AINSWORTH
DIRECTOR0.00X000
CHEVALIER EMILE L BOULPAEP
CHAIRMAN, PRES. & DIRECTOR20.00X000X
MR JACQUES DE GROOTE
DIRECTOR0.00X000
COMTE DIEGO DU MONCEAU DE BERGENDAL
DIRECTOR0.00X000
MRS SUSAN FRIBERG
DIRECTOR0.00X000
MR JOHN HF HASKELL JR
DIRECTOR0.00X000
MR ANDRE JACQUES
DIRECTOR0.00X000
BARON DANIEL JANSSEN
DIRECTOR0.00X000
LGILLES SION ESQ
SECRETARY, DIRECTOR0.00X000X
DIRK WAUTERS
DIRECTOR0.00X000
PROFESSOR JACQUES WILLEMS
DIRECTOR0.00X000
PROF DR MARCEL CROCHET
DIRECTOR0.00X000
WILLIAM F MOODY
VICE-PRESIDENT,DIRECTOR0.00X000X
MARGARET HOOVER
DIRECTOR0.00X000
MR OLIVIER TROUVEROY
DIRECTOR,TREASURER0.00X000X
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
GRIFFIN ASSET MANAGEMENT
60 EAST 42ND STREETNEW YORKNY10165INVESTMENT ADVISORY SERVICES300620
SHALIK MORRIS & COMPANY LLP
80 CROSSWAYS PARK DRIVE WESTWOODBURYNY11747ACCOUNTING AND TAX SERVICES145688
FieldValueIRS element (for citing)
Number Of Contractors GT100 K2NumberOfContractorsGT100K
Related Organizations1957180RelatedOrganizations
Government Grants76355GovernmentGrants
All Other Contributions589285AllOtherContributions
Total Contributions2622820TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionFELLOWSHIP REPAYMENTSDescription
Business Code900099BusinessCode
Total Revenue Column370528TotalRevenueColumn
Related Or Exempt Function Income370528RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue370528TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1785377TotalRevenueColumn
Exclusion$1,785,377ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities9415996Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities6617157Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities2798839Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column2798839TotalRevenueColumn
Related Or Exempt Function Income2798839RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
FRIENDS OF BAEF NET INCOME9000992135621356
RESULTS OF FOREIGN EXCHANGE9000992097720977
MISCELLANEOUS900099333333
FieldValueIRS element (for citing)
Total Other Revenue42666TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column7620230TotalRevenueColumn
Related Or Exempt Function Income3212033RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$1,785,377ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total2626691Total
Program Services2626691ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total431470Total
Program Services431470ProgramServices

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total68117Total
Program Services23841ProgramServices
Management And General22479ManagementAndGeneral
Fundraising21797Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total14135Total
Program Services4947ProgramServices
Management And General4665ManagementAndGeneral
Fundraising4523Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total147138Total
Program Services51498ProgramServices
Management And General48556ManagementAndGeneral
Fundraising47084Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total300620Total
Management And General300620ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total4415Total
Program Services1545ProgramServices
Management And General1457ManagementAndGeneral
Fundraising1413Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total5888Total
Program Services2061ProgramServices
Management And General1943ManagementAndGeneral
Fundraising1884Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total18477Total
Program Services6467ProgramServices
Management And General6097ManagementAndGeneral
Fundraising5913Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total3743Total
Program Services1310ProgramServices
Management And General1235ManagementAndGeneral
Fundraising1198Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total8483Total
Program Services2969ProgramServices
Management And General2799ManagementAndGeneral
Fundraising2715Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total6476Total
Program Services2267ProgramServices
Management And General2137ManagementAndGeneral
Fundraising2072Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total535Total
Program Services187ProgramServices
Management And General177ManagementAndGeneral
Fundraising171Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
ANNUAL AUDIT12000420039603840
TELEPHONE AND INTERNET9862345232543156
GRADUATE FELLOWSHIP EXP75027502
SPECIAL EVENTS5324186317571704

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total4988Total
Program Services1736ProgramServices
Management And General1646ManagementAndGeneral
Fundraising1606Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total3675864Total
Program Services3174006ProgramServices
Management And General402782ManagementAndGeneral
Fundraising99076Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY13384BOY
EOY146492EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY889411BOY
EOY1490818EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY136926BOY
EOY269365EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis331996LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec40915LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY297557BOY
EOY291081EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY75488143BOY
EOY82468067EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY4718057BOY
EOY5561646EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY304116BOY
EOY370710EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY81847594BOY
EOY90598179EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY154925BOY
EOY250389EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY154925BOY
EOY250389EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY80440148BOY
EOY88867544EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY1252521BOY
EOY1480246EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY81692669BOY
EOY90347790EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY81847594BOY
EOY90598179EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses3944366ReconcilationRevenueExpenses
Reconciliation Unrealized Invest4710755ReconciliationUnrealizedInvest
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit Committee1AuditCommittee
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1960997CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1347376CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1487482CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year3261233CurrentTaxYearMinus1Year
Current Tax Year2622820CurrentTaxYear
Total10679908Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1960997CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1347376CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1487482CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year3261233CurrentTaxYearMinus1Year
Current Tax Year2622820CurrentTaxYear
Total10679908Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total4645524AmountsSubstContributorsTotal
Public Support Total1706034384PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1404332CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1383289CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1542221CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1663582CurrentTaxYearMinus1Year
Current Tax Year1785377CurrentTaxYear
Total7778801Total
FieldValueIRS element (for citing)
Total Support18458709TotalSupport
Gross Receipts From Admissions Etc1714673GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.32690PublicSupportPertcentage170
Public Support Pertcent Prior Year0.33730PublicSupportPertcentPriorYear
Thirty Three Percnt Tests PY170XThirtyThreePercntTestsPY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Solicited Assets For Sale0SolicitedAssetsForSale

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance4582902BeginningOfYearBalance
Contributions1114650Contributions
Investment Earnings Or Losses515110InvestmentEarningsOrLosses
Grants Or Scholarships140535GrantsOrScholarships
End Of Year Balance6072127EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance4000337BeginningOfYearBalance
Contributions110000Contributions
Investment Earnings Or Losses583650InvestmentEarningsOrLosses
Grants Or Scholarships111085GrantsOrScholarships
End Of Year Balance4582902EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance3680547BeginningOfYearBalance
Contributions20000Contributions
Investment Earnings Or Losses416260InvestmentEarningsOrLosses
Grants Or Scholarships116470GrantsOrScholarships
End Of Year Balance4000337EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance3308492BeginningOfYearBalance
Contributions20000Contributions
Investment Earnings Or Losses89980InvestmentEarningsOrLosses
Grants Or Scholarships147695GrantsOrScholarships
End Of Year Balance3680547EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

FieldValueIRS element (for citing)
Beginning Of Year Balance3288492BeginningOfYearBalance
Contributions20000Contributions
Investment Earnings Or Losses-276560InvestmentEarningsOrLosses
Grants Or Scholarships196520GrantsOrScholarships
End Of Year Balance3718262EndOfYearBalance
FieldValueIRS element (for citing)
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis37544OtherCostOrOtherBasis
Book Value37544BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Investment Cost Or Other Basis250000InvestmentCostOrOtherBasis
Other Cost Or Other Basis44452OtherCostOrOtherBasis
Depreciation40915Depreciation
Book Value253537BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings291081TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
32 SHARES BERKSHIRE HATHAWAY (BRK-A)5345600F
FRIENDS OF BAEF FUND @ KBF216046F
FieldValueIRS element (for citing)
Total Of Book Value Securities5561646TotalOfBookValueSecurities
Tot Revenue Etc Audited Fincl Stmt11781663TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments4710755NetUnrealizedGainsInvestments
Other Revenues-300620OtherRevenues
Revenue Not Rptd F9904410135RevenueNotRptdF990
Revenue Subtotal7371528RevenueSubtotal
Other Revenues Not Included248702OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt248702RevenueNotRptdOnFinStmt
Total Revenue Per Form9907620230TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt3354267TotExpensesEtcAuditedFinclStmt
Other Expenses Included-20977OtherExpensesIncluded
Expenses Not Rptd F990-20977ExpensesNotRptdF990
Expenses Subtotal3375244ExpensesSubtotal
Investment Expenses Not Included2300620InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt300620ExpensesNotRptdOnFinStmt
Total Expenses Per Form9903675864TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
PART III, LINE 1A:ARTWORK-MAGRITTE PAINTING ON PERMANENT LOAN TO THE MAGRITTE MUSEUM IN BRUSSELS, BELGIUM
PART V, LINE 4:FELLOWSHIPSDESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
INVESTMENT ADVISORY FEES -300,620.PART XI, LINE 2D - OTHER ADJUSTMENTS:
NET INCREASE IN TEMPORARILY RESTRICTED NET ASSETS 227,725. RESULTS OF FOREIGN EXCHANGE 20,977.PART XI, LINE 4B - OTHER ADJUSTMENTS:
RESULTS OF FOREIGN EXCHANGEPART XII, LINE 2D - OTHER ADJUSTMENTS:

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained1GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionBELGIUMRegion
Number Of Offices1NumberOfOffices
Number Of Employees1NumberOfEmployees
Type Of Activities ConductedADMINISTRATION OF THE FELLOWSHIP PROGRAM, FUNDRAISING AND LOGISTIC SUPPORT FELLOWSTypeOfActivitiesConducted
Total Expenditures151357TotalExpenditures
FieldValueIRS element (for citing)
Subtotal Number Of Offices1SubtotalNumberOfOffices
Subtotal Number Of Employees1SubtotalNumberOfEmployees
Cont Number Of Offices0ContNumberOfOffices
Cont Number Of Employees0ContNumberOfEmployees
Total Number Of Offices1TotalNumberOfOffices
Total Number Of Employees1TotalNumberOfEmployees
Subtotal Amount Spent151357SubtotalAmountSpent
Cont Amount Spent0ContAmountSpent
Total Amount Spent151357TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS

FieldValueIRS element (for citing)
RegionBRUSSELS BELGIUMRegion
Purpose Of GrantSUPPORT FOR UNIVERSITY PROGRAMSPurposeOfGrant
Amount Of Cash Grant400000AmountOfCashGrant

Grants To Ind Outside US GrantsToIndOutsideUS (3 entries)

Type Of AssistanceTypeOfAssistanceRegionRegionNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrantManner Of Cash DisbursementMannerOfCashDisbursement
FELLOWSHIPSBELGIUM8193750CHECKS
ALUMNI AWARDBELGIUM6650WIRE TRANSFER
KAREL VINCK AWARDBELGIUM19920WIRE TRANSFER
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorp
Interest In Foreign Trust0InterestInForeignTrust
Own Foreign Corp0OwnForeignCorp
Passive Foreign Invest Co0PassiveForeignInvestCo
Foreign Partnership0ForeignPartnership
Boycott Countries0BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)

IdentifierIdentifierExplanationExplanation
PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.:SCHEDULE F, PART I, LINE 2: ORGANIZATION MAINTAINS A BRANCH OFFICE IN BRUSSELS, BELGIUM. THE OFFICE IS STAFFED WITH ONE PAID EMPLOYEE, THE ORGANIZATION'S PROGRAM MANAGER. FULL ACCOUNTING FOR THIS BRANCH OFFICE IS MAINTAINED AND INCLUDED IN THIS RETURN AT THE MONTHLY AVERAGE CONVERSION RATE FOR EURO TO USD. ACCOUNTING OF ANNUAL TRANSACTIONS AND A BUDGET FOR THE NEXT FISCAL YEAR IS SUBMITTED TO THE BELGIAN GOVERNMENT AS A PART OF THE FUNDING REQUEST FOR A GRANT FROM THE BELGIAN GOVERMENT TO THE BAEF.
METHOD USED TO ACCCOUNT FOR EXPENDITURES:SCHEDULE F, PART I, LINE 3: MONTHLY REPORTS OF TRANSACTIONS ARE SUBMITTED TO US OFFICE IN NEW HAVEN, INCLUDING COPIES OF BANK STATEMENTS, PAYMENT VOUCHERS AND VENDOR INVOICES.. TRANSACTIONS ARE CONVERTED TO USD USING MONTHLY AVERAGE CONVERSION RATE FROM EUR TO USD.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantFELLOWSHIPSTypeOfGrant
Number Of Recipients65NumberOfRecipients
Amount Of Cash Grant2426298AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: FELLOWSHIP PROGRAM CONTAINS STIPENDS TO 31 GRADUATE STUDENTS ENROLLED IN A DEGREE PROGRAMS AT VARIOUS US UNIVERSITIES TOTALLING $330,000 AND TUITION PAYMENTS TOTALLING $1,023,209 THE FOUNDATION ALSO FUNDS RESEARCH FELLOWSHIPS IN THE US FOR 34 INDIVIDUALS TOTALLING $1,073,088 IN STIPENDS AND HEALTH INSURANCE PREMIUMS.Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)

RelationshipRelationshipDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
CHEVALIER EMILE L BOULPAEP MD
BOARD MEMBER OF SUPPORTING DONOR ENTITIESDONATIONS FOR EPONYMOUS FELLOWSHIPS FROM: UNIVERSITAS LTD, HOOVER FOUNDATION BRUSSELS,FRANCQUI FOUNDATION,HOOVER FOUNDATION LOUVAIN/LEUVEN, KING BAUDOUIN FOUNDATION0
BARON DANIEL JANSSEN
BOARD MEMBER OF SUPPORTING DONOR ENTITIESDONATIONS FOR EPONYMOUS FELLOWSHIPS FROM: UNIVERSITAS LTD, HOOVER FOUNDATION BRUSSELS,FRANCQUI FOUNDATION0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 6AT THE ANNUAL MEETING OF THE MEMBERS A SLATE OF NAMES ARE PRESENTED TO THE MEMBERS FOR POSITIONS ON THE BOARD OF DIRECTORS FOR A TERM OF 3 YEARS. THIS SLATE IS THEN VOTED ON AND APPROVED BY THE MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AREPORTS OF ALL ACTIVITIES OF ORGANIZATION'S COMMITTEES ARE DISCLOSED AND APPROVED AT THE ANNUAL MEETING OF MEMBERS IN JANUARY
FORM 990, PART VI, SECTION A, LINE 7BDECISIONS OF THE GOVERNING BODY, BAEF BOARD OF DIRECTORS, ARE DISCLOSED OF AND APPROVED AT THE ANNUAL MEETING OF THE MEMBERS IN JANUARY.
FORM 990, PART VI, SECTION B, LINE 11990 IS REVIEWED AND APPROVED BY PRESIDENT AND CHAIRMAN BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD OF DIRECTORS MEET FOUR TIMES ANNUALLY AT WHICH TIME ANY MATTERS AFFECTING CONFLICTS OF INTEREST ARE DISCLOSED AND DISCUSSED.
FORM 990, PART VI, SECTION B, LINE 15AANNUAL FISCAL BUDGET FOR PERIOD SEPTEMBER-AUGUST IS PRESENTED TO THE BOARD OF DIRECTORS AT THEIR OCTOBER MEETING FOR APPROVAL.
FORM 990, PART VI, SECTION C, LINE 18FOUNDATION CENTER WEBSITE
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST
FORM 990 PART XII LINE 2CDRAFT OF AUDIT IS REVIEWED BY PRESIDENT AND TREASURER. AT ANNUAL MEETING TREASURER PRESENTS THE AUDIT AND AFTER DISCUSSION, APPROVAL OF REPORT AND SELECTION OF AUDITORS FOR SUBSEQUENT FISCAL YEAR IS PROPOSED AND APPROVED BY THE MEMBERS.REVIEW AND OVERSIGHT OF ANNUAL CERTIFIED AUDIT

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