2014-10-02T13:49:09-05:00 2013-11-30 135381590 BDO USA LLP 7101 WISCONSIN AVE SUITE 800 BETHESDA MD 208144827 990 2012-12-01 454960988 GLOBAL BUSINESS COALITION FOR EDUCATION INC GLOB 2031162735 599 LEXINGTON AVENUE NEW YORK NY 10022 DAVID BOUTCHER 2031162735 2014-10-02 1 MICHAEL SORRELLS CPA P00001737 3016544900 2012 2015-11-30 17:44:51Z SARAH BROWN 599 LEXINGTON AVENUE NEW YORK NY 10022 1371933 0 X WWW.GBC-EDUCATION.ORG X 2012 DE TO ENGAGE THE PRIVATE SECTOR IN THE WORLD'S MOST PRESSING GLOBAL EDUCATION ISSUES. 5 5 0 0 0 0 129414 1371933 0 0 0 0 0 0 129414 1371933 0 0 0 0 0 217307 0 0 29042 319947 628839 319947 846146 -190533 525787 180053 809566 370586 479765 -190533 329801 X THE PURPOSE OF THE ORGANIZATION IS TO ENGAGE THE PRIVATE SECTOR IN THE WORLD'S MOST PRESSING GLOBAL EDUCATION ISSUES. THE OVERALL MISSION IS EDUCATION FOR ALL THE WORLD'S CHILDREN. PROGRAMS ARE FUNDED THROUGH DONATIONS, GRANTS AND DUES FROM MEMBER COMPANIES AND OTHERS. 0 0 666368 PROGRAM SERVICES -BY JOINING GBC-EDUCATION, COMPANIES BECOME PART OF A GLOBAL MOVEMENT OF BUSINESSES COMMITTED TO CHANGING CHILDRENS LIVES THROUGH EDUCATION.A BUSINESS-LED, ACTION-ORIENTED ORGANIZATION, GBC-EDUCATION FOCUSES ON FOUR CORE FUNCTIONS: CONNECT,COOPERATE, SHOWCASE AND DISCOVER. CONNECT: WHILE MANY COMPANIES ALREADY ENGAGE IN EDUCATION THROUGH PHILANTHROPIC OR SOCIAL INVESTMENT PROGRAMS, THESE ACTIONS REQUIRE COORDINATION TO HAVE GREATER IMPACT. GBC-EDUCATION'S FORUM INCREASES COMPANIES' EFFECTIVENESS BY CREATING "MEMBERS-ONLY" SPACES FOR COMPANY LEADERS TO CONNECT AND IDENTIFY CUTTING-EDGE OPPORTUNITIES FOR COLLABORATION. WE WORK WITH OUR MEMBERS TO LEVERAGE ECONOMIES OF SCALE.COOPERATE: IN ADDITION TO CONNECTING COMPANIES, WE CREATE AVENUES FOR COOPERATION WITH GOVERNMENTS, BILATERAL AND MULTILATERAL AGENCIES, FOUNDATIONS AND CIVIL SOCIETY ORGANIZATIONS. WE CONNECT MEMBERS WITH HIGH-LEVEL POLICYMAKERS TO ADVOCATE FOR QUALITY EDUCATION AND LEARNING AND EXPOSE COMPANIES TO THE LATEST INITIATIVES BEING SPEARHEADED BY EDUCATION ORGANIZATIONS AROUND THE WORLD.SHOWCASE: WE SHOW THAT BUSINESS IS AN ACTIVE PARTNER IN EDUCATING THE WORLD'S CHILDREN AND YOUTH.GBC-EDUCATION HIGHLIGHTS ITS MEMBERS' WORK AND THEIR THOUGHT LEADERSHIP TO LARGE INTERNATIONAL AUDIENCES TO COMMUNICATE THE IMPORTANCE OF GETTING INVOLVED IN EDUCATION AND TO INSPIRE OTHERS TO ACTION.DISCOVER: WE FACILITATE RESEARCH PROJECTS THAT IDENTIFY OPPORTUNITIES FOR EFFECTIVE INVESTMENTS IN EDUCATION AND ESTABLISH BEST PRACTICES TO GUIDE CORPORATE EFFORTS, SEEKING TO BRING REAL EDUCATIONAL OUTCOMES FOR CHILDREN AND YOUTH. 666368 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 X THE ORGANIZATION 2031162735 599 LEXINGTON AVENUE NEW YORK NY 10022 X SARAH BROWN 6.00 X X 0 0 0 DAVID BOUTCHER 6.00 X X 0 0 0 TERRENCE O'NEILL 1.00 X 0 0 0 GREGORY B JORDAN 1.00 X 0 0 0 HIU NG 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1035533 336400 1371933 1371933 0 0 0 X 198016 198016 19291 19291 320145 192087 128058 2565 2565 117109 114493 2616 40610 21220 16229 3161 112789 109947 2842 4719 4296 423 1529 1529 EVENT EXPENSE 20000 20000 FOOD AND MEALS 5350 5350 INTERNET/ONLINE EXPENSE 2711 87 2624 BANK, PAYROLL AND REGIS 1312 52 1260 846146 666368 150736 29042 180053 809566 180053 809566 109712 370586 370053 370586 479765 X -190533 214068 115733 -190533 329801 180053 809566 X 525787 -5453 X 1 X 0 0 0 X 129414 1371933 1501347 129414 1371933 1501347 921255 580092 1501347 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: THE 2011 TAX YEAR (YEAR ENDED 11/30/12) WAS A SHORT YEAR OF APPROXIMATELY 8 MONTHS BECAUSE THAT WAS THE INTITIAL YEAR FOR THE ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES, WHICH CLARIFIED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, GBC-EDUCATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES HAVE BEEN RECORDED AS A RESULT OF TAX UNCERTAINTIES. THE TAX YEARS STARTING MARCH 23, 2012 (DATE OF INCEPTION) THROUGH NOVEMBER 30, 2013 REMAIN OPEN TO EXAMINATION BY TAX JURISDICTIONS TO WHICH GBC-EDUCATION IS SUBJECT. EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 ADMINISTRATIVE SUPPORTPROGRAM SERVICES 320144 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 1 MEETINGS PROGRAM RELATED MEETINGS 14731 SUB-SAHARAN AFRICA 0 1 CONSULTING PROGRAM RELATED CONSULTATION 46667 0 3 0 0 0 3 381542 0 381542 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 MOST OF THE MANAGEMENT ACTIVITIES ARE PERFORMED BY THEIRWORLD, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE GOVERNING BODY DID NOT HAVE ANY COMMITTEES AS OF 11/30/13. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, FORM 990 IS DISTRIBUTED TO THE GOVERNING BOARD FOR REVIEW. THE ORGANIZATION HAS NO COMPENSATION POLICIES AS IT DOES NOT COMPENSATE ITS TOP EXECUTIVE, ITS OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT GENERALLY MAKE ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, BUT WILL PROVIDE THEM TO PARTIES ON AN AS NEEDED BASIS. OTHER FEES FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 114,493. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,616. TOTAL EXPENSES 117,109. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: PAYABLE NOT BOOKED IN PRIOR YEAR -5,453. THEIRWORLD BROADGATE TOWER 20 PRIMOSE ST LONDON UK EDUCATIONAL MISSION SIMILIAR TO THE US ORGANIZATION UK 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0