2014-12-12T14:34:01-06:00 2014-06-30 CROWE HORWATH LLP 225 WEST WACKER DRIVE SUITE 2600 CHICAGO IL 606061224 990 2013-07-01 362251912 INSTITUTE FOR THE INTERNATIONAL EDUCATION OF STUDENTS INST 3129441750 33 W Monroe Street Chicago IL 606035405 WILLIAM J MARTENS CFO 2014-12-11 true Nicole Bencik P00756195 3128997000 2013 2015-11-30 17:44:51Z IES ABROAD MARY M DWYER PHD 33 W Monroe Street Chicago IL 606035405 90168783 false X WWW.IESABROAD.ORG X 1953 IL THE INSTITUTE FOR THE INTERNATIONAL EDUCATION OF STUDENTS (IES) ENCOURAGES STUDENTS TO EXPLORE FOREIGN COUNTRIES AND FOSTERS STUDENTS' PERSONAL AND ACADEMIC GOALS BY PROVIDING STUDY ABROAD PROGRAMS. 21 20 152 47 0 0 408132 565382 75379668 82138524 1245638 2150562 -2131260 1283337 74902178 86137805 2454952 2639379 0 0 29357541 32144465 132474 154853 885718 46281600 48746625 78226567 83685322 -3324389 2452483 55657521 65424189 10582745 10326911 45074776 55097278 THE INSTITUTE FOR THE INTERNATIONAL EDUCATION OF STUDENTS (IES) BLENDS THE BEST ELEMENTS OF FOREIGN HIGHER EDUCATION WITH AMERICAN UNIVERSITY REQUIREMENTS AND ENCOURAGES STUDENTS TO EXPLORE THE UNIQUE ELEMENTS OF FOREIGN COUNTRIES. IES ABROAD WAS FOUNDED IN 1950 AND IS A GLOBAL ORGANIZATION WITH MORE THAN 125 ACADEMIC PROGRAMS AROUND THE WORLD. IES IS COMPRISED OF A CONSORTIUM OF MORE THAN 225 SELECTIVE COLLEGES AND UNIVERSITIES, AND ENROLLS MORE THAN 5,500 STUDENTS IN UNIQUE PROGRAMS IN 19 COUNTRIES THROUGHOUT EUROPE, ASIA, AFRICA, AUSTRALIA, AND SOUTH AMERICA. IES FOSTERS STUDENTS' INTERCULTURAL COMPETENCE AND ACADEMIC GOALS BY PROVIDING QUALITY STUDY ABROAD PROGRAMS WORLDWIDE. false false 69048797 2639379 81267667 STUDY ABROAD ACADEMIC PROGRAMS: IES OFFERS A BROAD-BASED CURRICULUM THAT ENCOMPASSES BUSINESS AND INTERNATIONAL STUDIES; COMMUNICATIONS AND MEDIA; FINE AND PERFORMING ARTS; HUMANITIES; SCIENCE, ENGINEERING, AND HEALTH; AND SOCIAL AND BEHAVIORAL SCIENCES. OVER 5,500 STUDENTS BENEFITED FROM OUR PROGRAMS BY ENHANCING THEIR ACADEMIC AND SOCIAL GROWTH WHILE EXPANDING THEIR INTERCULTURAL COMPETENCY. THESE STUDENTS EARNED EITHER A SEMESTER OR TWO SEMESTERS WORTH OF CREDIT BY STUDYING AT ONE OF OUR 35 LOCATIONS IN THE COUNTRIES OF ARGENTINA, AUSTRALIA, AUSTRIA, BRAZIL, CHILE, CHINA, COSTA RICA, ECUADOR, ENGLAND, FRANCE, GERMANY, INDIA, IRELAND, ITALY, JAPAN, MOROCCO, NETHERLANDS, NEW ZEALAND, SOUTH AFRICA, AND SPAIN. 69048797 true true false false false false false false true true true false false false true true false true true true false true true false false false false true true false false false false false false false false false false false false true false false false false false true 65 0 true 152 true false true AR AS AU BR CJ CI CH CS EC FR GM IN EI IT JA MO NL NZ PM SF SP UK false false false false false false false false X 21 20 false false false false false false false true true false true true true true true true true true true true false AL AK AZ AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC OK OR PA RI SC UT VA WA WV WI X WILLIAM J MARTENS 3129441750 33 W Monroe Street Ste 2300 CHICAGO IL 606035405 DEBORA DE HOYOS VICE CHAIR 1.00 X X 0 0 0 DR MARY M DWYER DIRECTOR/PRESIDENT 35.00 X X 671242 0 148748 EZIO VERGANI CHAIR 1.00 X X 0 0 0 JAMES CRAWFORD VICE CHAIR 1.00 X X 0 0 0 ALAN SCHWARTZ DIRECTOR 1.00 X 414 0 0 DAVID OXTOBY DIRECTOR 1.00 X 175 0 0 DR C JAMES YEH DIRECTOR 1.00 X 0 0 0 DR RAYNARD KINGTON DIRECTOR 1.00 X 0 0 0 JOHN GEAREN DIRECTOR 1.00 X 512 0 0 KAY MOORE DIRECTOR (PARTIAL YEAR) 1.00 X 177 0 0 LOREN ANDERSON DIRECTOR 1.00 X 2068 0 0 MARLA SALMON DIRECTOR 1.00 X 0 0 0 MARY CAHILLANE DIRECTOR 1.00 X 0 0 0 MONICA VACHHER DIRECTOR 1.00 X 410 0 0 PAMELA GANN DIRECTOR 1.00 X 312 0 0 PETER SUNDMAN DIRECTOR 1.00 X 0 0 0 RHONDA JORDAN DIRECTOR 1.00 X 168 0 0 ROBERT HALLWORTH DIRECTOR 1.00 X 0 0 0 ROBERT MCNEILL DIRECTOR 1.00 X 414 0 0 SHEILA STAMPS DIRECTOR 1.00 X 1800 0 0 THOMAS MCDONALD DIRECTOR 1.00 X 0 0 0 WILLIAM HOYE EVP/CHIEF OPERATING OFFICER 35.00 X 405694 0 43911 WILLIAM MARTENS VP FINANCE/CFO 35.00 X 260492 0 46141 MICHAEL STEINBERG EVP/DIRECTOR ACADEMIC PROGRAMS 35.00 X 250687 0 34351 DAVID HUMPHREY AVP HUMAN RESOURCES 35.00 X 130678 0 28274 MICHAEL GREEN AVP RECRUITING & ADVISING 35.00 X 136060 0 31083 RICHARD BARTECKI EVP MARKETING 35.00 X 230842 0 26313 RICHARD IAN ELLIS VP IT/CHIEF INFORMATION OFFICER 35.00 X 220270 0 29758 ROGER SHEFFIELD VP ADVANCEMENT/CHIEF ADVANCEMENT OFFICER 35.00 X 198153 0 29859 2510568 0 418438 20 false true false E2 SERVICES 440 TREASURE DRIVE OSWEGO IL 60543 IT MANAGEMENT SERVICE PROVIDER 468495 DELTA VORTEX TECHNOLOGIES INC 792 BROMPTON LANE BOLINGBROOK IL 60440 WEB DEVELOPMENT 300563 LANAC TECHNOLOGY CORP 20 N WACKER DRIVE SUITE 1100 CHICAGO IL 60606 IT MANAGEMENT SERVICE PROVIDER 169965 CROWE HORWATH LLP ONE MID AMERICA PLAZA SUITE 700 OAK BROOK IL 605223697 AUDITOR/TAX PREPARER 114683 ACQUIA INC 25 CORPORATE DRIVE 4TH FLOOR BURLINGTON MA 01886 WEB DEVELOPMENT 114623 6 565382 565382 TUITION AND FEES 900099 66050008 65179151 870857 ROOM AND BOARD 900099 16036370 16036370 MEMBER SCHOOL FEE 900099 27650 27650 TRANSCRIPT FEE 900099 12276 12276 INSTALLMENT FEE 900099 11875 11875 345 345 0 0 82138524 717414 717414 0 0 0 0 0 5464126 4030978 1433148 0 1433148 1433148 0 0 0 GAIN ON SETTLEMENT OF FOREIGN CURRENCY CONTRACTS 900099 1283337 1283337 0 0 0 0 0 0 1283337 86137805 81267667 0 4304756 0 2573052 2573052 66327 66327 0 2306323 273449 1869816 163058 0 23744939 18585889 4899189 259861 1024227 585110 422209 16908 1456834 827838 590078 38918 3612142 3141579 442003 28560 0 444608 270153 174455 596534 478077 118457 0 154853 154853 28000 28000 1238371 642117 583723 12531 1164804 182615 913842 68347 1588515 1026413 530622 31480 1548570 625998 906275 16297 0 6339722 5821186 518536 5355239 4598640 717514 39085 0 281181 97490 156991 26700 30703 8488 22215 0 650847 132139 518708 273575 81986 191589 STUDENT HOUSING & MEALS 17242762 17242762 STUDENT INSTRUCTION AND TUITION 8189437 8188644 273 520 STUDENT SERVICES 2030686 2030498 188 FIELD TRIPS 708948 708948 1034123 859399 146124 28600 83685322 69048797 13750807 885718 0 5983198 14319994 7403484 3186317 101243 105099 1463242 2058864 0 0 0 0 1727076 1742634 7865972 6752182 1039602 1113790 30065212 32482953 7868495 9796374 0 0 5969 618164 55657521 65424189 5869804 6061604 3921719 4265307 0 0 791222 0 10582745 10326911 X 43648447 53266201 296229 547955 1130100 1283122 45074776 55097278 55657521 65424189 X 2452483 6108324 1461695 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41067081 3188549 430123 43825507 1081817 37043106 5161492 2219334 41067081 951748 152310 -13610 8631 1081817 637085 161460 151284 -1919 951748 235966 414943 34464 48288 637085 0.95900 0.02900 0.01200 false false 0 1604183 1528490 75693 4018431 3563017 455414 2243358 1660675 582683 0 1113790 0 0 PARTNERSHIP INVESTMENTS 5574981 F HEDGE FUNDS 4221393 F 9796374 0 0 X 90448874 6108324 842125 6950449 83498425 2639380 2639380 86137805 81045942 0 0 81045942 2639380 2639380 83685322 Schedule D, Part V, Line 4, Intended uses of endowment funds THE PURPOSE OF THE ENDOWMENT FUND IS TO FACILITATE DONORS' DESIRES TO MAKE SUBSTANTIAL LONG-TERM GIFTS TO IES. IN SO DOING, THE ENDOWMENT FUND WILL PROVIDE A SECURE, LONG-TERM SOURCE OF FUNDS TO FUND STUDENT SCHOLARSHIPS. Schedule D, Part X, Line 2, FIN 48 (ASC 740) footnote IES IS ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATION PURPOSES AND, AS SUCH, IS EXEMPT FROM U.S. FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. IES LONDON IS A CHARITY REGISTERED WITH THE CHARITY COMMISSION IN THE UNITED KINGDOM AND, AS SUCH, IS EXEMPT FROM MOST INCOME TAX. IN ACCORDANCE WITH THE APPLICABLE PROVISIONS OF THE TAX REFORM ACT OF 1969 (THE ACT), IES, AS A PRIVATE COMPANY, MAY BE EXEMPT FROM THE EXCISE TAX ON NET INVESTMENT INCOME, INCLUDING REALIZED GAINS, IF CERTAIN CRITERIA ARE MET, AS DEFINED IN THE ACT. IES HAS MET THE QUALIFYING CRITERIA FOR EXEMPTION FROM THIS EXCISE TAX. IES FOLLOWS ACCOUNTING STANDARDS APPLICABLE TO UNCERTAIN INCOME TAX POSITIONS. NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS, AS IES HAS HAD NO UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES THAT IES HAS NO MATERIAL UNRECOGNIZED INCOME TAX BENEFITS, INCLUDING ANY POTENTIAL LOSS OF ITS TAX-EXEMPT STATUS. IES RECOGNIZES INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. IES RECOGNIZED AND ACCRUED NO AMOUNTS FOR INTEREST OR PENALTIES AS OF AND FOR THE YEAR ENDED JUNE 30, 2014 OR 2013. DUE TO ITS TAX-EXEMPT STATUS, IES IS NOT SUBJECT TO U.S. FEDERAL INCOME TAX OR STATE INCOME TAX. THE COMPANY IS NO LONGER SUBJECT TO EXAMINATION BY FOREIGN JURISDICTIONS OR U.S. FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE THE YEAR ENDED JUNE 30, 2010. IES DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. Schedule D, Part XI, Line 2d, Other revenues in audited financial statements not in form 990 UNREALIZED GAIN FX FORWARD CONTRACTS - 842125; Schedule D, Part XI, Line 4b, Other revenues in form 990 not in audited financial statements STUDENT FINANCIAL AID - 2639380; Schedule D, Part XII, Line 4b, Other expenses in form 990 not in audited financial statements STUDENT FINANCIAL AID - 2639380; true true true true true true true false false false false false false false false false true Schedule E, Part I, Line 3, Racially nondiscriminatory policy IES DOES NOT ADVERTISE THROUGH NEWSPAPER OR BROADCAST MEDIA. HENCE, WE DO NOT PUBLICIZE OUR RACIALLY NONDISCRIMINATORY POLICY THROUGH THIS MEANS. HOWEVER, IES DOES PUBLICIZE ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH THE SAME MEANS THAT IT ADVERTISES ITS PROGRAMS TO STUDENTS: WEBSITE, STUDY ABROAD FAIRS, DIRECT COMMUNICATIONS WITH STUDENTS, UNIVERSITIES' STUDY ABROAD OFFICES AND CONSORTIUM MEMBERS. true EAST ASIA AND THE PACIFIC 8 25 PROGRAM SERVICES EDUCATION/CURRICULUM 8764106 EUROPE (INCLUDING ICELAND AND GREENLAND) 21 115 PROGRAM SERVICES EDUCATION/CURRICULUM 47029230 SOUTH ASIA 1 4 PROGRAM SERVICES EDUCATION/CURRICULUM 478021 SOUTH AMERICA 4 23 PROGRAM SERVICES EDUCATION/CURRICULUM 5519330 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 4221393 MIDDLE EAST AND NORTH AFRICA 1 4 PROGRAM SERVICES EDUCATION/CURRICULUM 812863 CENTRAL AMERICA AND THE CARIBBEAN 1 3 PROGRAM SERVICES EDUCATION/CURRICULUM 460904 SUB-SAHARAN AFRICA 1 4 PROGRAM SERVICES EDUCATION/CURRICULUM 1083046 37 178 68368893 INTERNATIONAL PARTNER UNIVERSITY SCHOLARSHIPS EUROPE (INCLUDING ICELAND AND GREENLAND) 5 66327 DISCOUNTED TUITION 0 N/A N/A true false true false false false Schedule F, Part I, Line 2, Procedures for monitoring use of grant funds ONE OF IES' SCHOLARSHIPS WAS OFFERED TO AN IES ABROAD PARTNER INSTITUTION LOCATED IN ONE OF OUR STUDY ABROAD LOCATIONS. THIS SCHOLARSHIP HAS BEEN NEGOTIATED WITH THE FOREIGN INSTITUTION AS PART OF IES ABROAD'S MASTER AGREEMENTS WITH THEM AND IS USED BY STUDENTS FROM THE PARTNER INSTITUTION TO ATTEND AN IES ABROAD PROGRAM IN ANOTHER OF OUR FOREIGN LOCATIONS. THE SCHOLARSHIPS COVER ALL PROGRAM FEES AND ARE DIRECTLY CREDITED TO THE STUDENTS' ACCOUNTS. Schedule F, Part I, Line 3, Method to account for expenditures on org.'s financial statements CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL MIDDLE EAST AND NORTH AFRICA: ACCRUAL SOUTH AMERICA: ACCRUAL SOUTH ASIA: ACCRUAL SUB-SAHARAN AFRICA: ACCRUAL Schedule F, Part III, Method used to account for grants on organization's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL Schedule F, Part I, Line 3, Method to account for expenditures on org.'s financial statements CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL MIDDLE EAST AND NORTH AFRICA: ACCRUAL SOUTH AMERICA: ACCRUAL SOUTH ASIA: ACCRUAL SUB-SAHARAN AFRICA: ACCRUAL Schedule F, Part III, Method used to account for grants on organization's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL X X X X X X true RUFFALO CODY PO BOX 3018 CEDAR RAPIDS IA 524063018 DIRECT MAIL PHONE SOLICITATION false 64642 154853 -90211 64642 154853 -90211 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN KS KY ME MD MA MI MN MS MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VT VA WA WV WI true MERIT SCHOLARSHIPS AWARDED TO STUDENTS 94 172967 NEED-BASED SCHOLARSHIPS AWARDED TO STUDENTS 396 655723 SCHOLARSHIPS AWARDED TO STUDENTS FROM HISTORICALLY BLACK COLLEGES AND UNIVERSITIES 31 62000 PUBLIC UNIVERSITY GRANT 930 1395000 SUMMER NEED BASED AID 75 56500 LEGACY SCHOLARSHIPS 51 46000 VIENNA CENTER MUSIC SCHOLARSHIP 2 20000 UNIVERSITY OF CANTERBURY STUDY ABROAD SCHOLARSHIP 10 20923 BOREN AND GILMAN SCHOLARSHIP SUPPORT GRANTS 16 16000 SUMMER SCHOLARS 24 112939 CHICAGO SCHOLARS 3 15000 Schedule I, Part I, Line 2, Procedures for monitoring use of grant funds AWARDS ARE GIVEN TO U.S. STUDENTS OR U.S. SCHOOLS IN THE FORM OF GRANTS OR SCHOLARSHIPS FOR THE EXPRESS PURPOSE OF STUDYING ABROAD THROUGH ONE OF IES' STUDY ABROAD PROGRAMS. GRANTS AND SCHOLARSHIPS ARE AWARDED TO STUDENTS VIA A DIRECT REDUCTION IN THEIR BILLED TUITION FOR THE TERM UNDER WHICH THE GRANT OR SCHOLARSHIP APPLIES. THE USE OF THESE GRANTS AND SCHOLARSHIPS IS LIMITED IN THAT MONIES CAN ONLY BE APPLIED TO TUITION COSTS RELATED TO THE SPECIFIC IES PROGRAM A RECIPIENT IS ENROLLED IN. WHEN IES PROVIDES A STUDENT WITH ANY OTHER GRANT OR ASSISTANCE FOR TRAVEL EXPENSES RELATED TO ONE OF ITS STUDY ABROAD PROGRAMS, THE RECIPIENT WOULD BE REQUIRED TO PROVIDE IES WITH SUBSTANTIATION TO ENSURE THE FUNDS WERE USED FOR THE INTENDED PURPOSE. THE SUMMER SCHOLARS SCHOLARSHIPS ARE OFFERED TO SOME IES ABROAD PARTNER INSTITUTIONS LOCATED IN SEVERAL OF OUR STUDY ABROAD LOCATIONS. THESE SCHOLARSHIPS HAVE BEEN NEGOTIATED WITH VARIOUS PARTNER INSTITUTIONS AS PART OF OUR MASTER AGREEMENT WITH THEM AND ARE USED BY STUDENTS FROM THE PARTNER INSTITUTION TO ATTEND A U.S. UNIVERSITY. IES ABROAD PAYS DIRECTLY, ALL THE COSTS OF TUITION, ROOM AND BOARD, AND STUDENT ACTIVITIES. Schedule I, Part III, column(b), Estimated Number of Recipients NAME=PUBLIC UNIVERSITY GRANT,DESCRIPTION=PUBLIC UNIVERSITY GRANTS ARE AUTOMATICALLY AWARDED TO ANY STUDENT ATTENDING A PUBLIC UNIVERSITY THAT IS A MEMBER OR ASSOCIATE MEMBER OF THE IES ABROAD CONSORTIUM. NO APPLICATION IS REQUIRED. 930 PUBLIC UNIVERSITY GRANTS IN THE AMOUNT OF $1500 EACH WERE AWARDED IN THE 2013-14 ACADEMIC YEAR. PUBLIC UNIVERSITY GRANTS ARE GIVEN TO STUDENTS IN THE FORM OF A CREDIT ON THEIR IES ABROAD INVOICE TO BE USED AGAINST TUITION, HOUSING OR OTHER CHARGES.;NAME=NEED-BASED SCHOLARSHIPS AWARDED TO STUDENTS,DESCRIPTION=NEED-BASED SCHOLARSHIPS ARE OPEN TO ANY STUDENT ATTENDING A PRIVATE COLLEGE OR UNIVERSITY THAT IS A MEMBER OR ASSOCIATE MEMBER OF THE IES ABROAD CONSORTIUM. IN ADDITION, THE HOME SCHOOL MUST HAVE A POLICY OF TRANSFERRING A MINIMUM OF 75% OF INSTITUTIONAL AID TO PAY FOR STUDY ABROAD. APPLICANTS SUBMIT AN APPLICATION DETAILING THE TYPE OF FINANCIAL AID THEY ARE CURRENT RECEIVING FROM THEIR HOME INSTITUTION (IF ANY). IES ABROAD THEN MAKES A DETERMINATION AS TO THE LEVEL OF NEED WHICH DETERMINES THE AMOUNT OF AN AWARD, IF ANY. THE HIGHER THE DEMONSTRATED NEED, THE HIGHER THE AWARD. 396 NEED-BASED SCHOLARSHIPS WERE AWARDED IN THE 2013-14 ACADEMIC YEAR. AWARDS RANGED IN AMOUNT FROM $750 TO $2000. NEED-BASED SCHOLARSHIPS ARE GIVEN TO STUDENTS IN THE FORM OF A CREDIT ON THEIR IES ABROAD INVOICE TO BE USED AGAINST TUITION, HOUSING OR OTHER CHARGES.;NAME=MERIT SCHOLARSHIPS AWARDED TO STUDENTS,DESCRIPTION=MERIT-BASED SCHOLARSHIPS ARE OPEN TO ANY STUDENT ATTENDING AN ACCREDITED COLLEGE OR UNIVERSITY THAT IS A MEMBER OR ASSOCIATE MEMBER OF THE IES ABROAD CONSORTIUM. IN ADDITION, THE HOME SCHOOL MUST HAVE A POLICY OF TRANSFERRING A MINIMUM OF 75% OF INSTITUTIONAL AID TO PAY FOR STUDY ABROAD. THE SCHOLARSHIPS ARE AWARDED IN 18 DIFFERENT ACADEMIC CATEGORIES ON THE BASIS OF ACADEMIC MERIT AS DETERMINED BY VARIOUS PANELS OF REVIEWERS FROM LOCAL ACADEMIC INSTITUTIONS. STUDENTS MUST HAVE A MINIMUM CUMULATIVE GPA OF 3.3 AND SUBMIT A TRANSCRIPT, ACADEMIC STATEMENT, AN ACADEMIC LETTER OF RECOMMENDATION AND OTHER MATERIALS DEPENDING ON THE CATEGORY. 94 MERIT-BASED SCHOLARSHIPS WERE AWARDED IN THE 2013-14 ACADEMIC YEAR. AWARDS RANGED IN AMOUNT FROM $750 TO $5000. MERIT-BASED SCHOLARSHIPS ARE GIVEN TO STUDENTS IN THE FORM OF A CREDIT ON THEIR IES ABROAD INVOICE TO BE USED AGAINST TUITION, HOUSING OR OTHER CHARGES.;NAME=SUMMER SCHOLARS,DESCRIPTION=SCHOLARSHIPS ARE OFFERED TO SOME IES ABROAD PARTNER INSTITUTIONS LOCATED IN SEVERAL OF OUR STUDY ABROAD LOCATIONS. THESE SCHOLARSHIPS HAVE BEEN NEGOTIATED WITH VARIOUS PARTNER INSTITUTIONS AS PART OF OUR MASTER AGREEMENT WITH THEM AND ARE USED BY STUDENTS FROM THE PARTNER INSTITUTION TO ATTEND A U.S. UNIVERSITY. IES ABROAD PAYS DIRECTLY, ALL THE COSTS OF TUITION, ROOM AND BOARD, AND STUDENT ACTIVITIES.;NAME=SCHOLARSHIPS AWARDED TO STUDENTS FROM HISTORICALLY BLACK COLLEGES AND UNIVERSITIES,DESCRIPTION=THE HBCU SCHOLARSHIPS ARE AUTOMATICALLY AWARDED TO ANY HBCU THAT IS A MEMBER OR ASSOCIATE MEMBER OF THE IES ABROAD CONSORTIUM. IN ADDITION, THE HOME SCHOOL MUST HAVE A POLICY OF TRANSFERRING A MINIMUM OF 75% OF INSTITUTIONAL AID TO PAY FOR STUDY ABROAD. NO APPLICATION IS REQUIRED. $1500 IS CREDITED AGAINST TUITION, HOUSING OR OTHER CHARGES TO A STUDENT'S INVOICE. ALSO, STUDENTS SUBMIT OF A COPY OF THEIR INTERNATIONAL FLIGHT ITINERARY AND RECEIVE A $500 TRAVEL REIMBURSEMENT IN THE FORM OF A CHECK. TOTAL AWARD IS $2000. 31 HBCU SCHOLARSHIPS WERE AWARDED IN THE 2013-14 ACADEMIC YEAR.;NAME=SUMMER NEED BASED AID,DESCRIPTION=SUMMER NEED-BASED SCHOLARSHIPS ARE OPEN TO STUDENTS ATTENDING A SCHOOL THAT IS A MEMBER OR ASSOCIATE MEMBER OF THE IES ABROAD CONSORTIUM. APPLICANTS SUBMIT DETAILED LIST OF FINANCIAL AID THEY CURRENTLY RECEIVE FROM THEIR HOME INSTITUTION. IES ABROAD CATEGORIZES THE LEVEL OF NEED AND CORRESPONDING AWARD. 75 SUMMER NEED-BASED SCHOLARSHIPS WERE AWARDED IN THE 2013 SUMMER TERM. AWARDS RANGED FROM $500 TO $1000. AWARDS ARE GIVEN IN THE FORM OF A CREDIT ON THEIR IES ABROAD INVOICE TO BE USED AGAINST TUITION, HOUSING OR OTHER CHARGES.;NAME=LEGACY SCHOLARSHIPS,DESCRIPTION=LEGACY SCHOLARSHIPS ARE OPEN TO ANY STUDENT ATTENDING A SCHOOL THAT IS A MEMBER OR ASSOCIATE MEMBER OF THE IES ABROAD CONSORTIUM AND WHOSE PARENT, LEGAL GUARDIAN, GRANDPARENT, OR SIBLING ATTENDED A PAST IES PROGRAM. APPLICATIONS ARE EVALUATED TO DETERMINE LEGACY VALIDITY. OVERALL FINANCIAL AID BUDGET DETERMINES THE NUMBER OF AWARDS PER TERM. 51 LEGACY SCHOLARSHIPS WERE AWARDED IN THE 2013-14 ACADEMIC YEAR. AWARDS RANGED FROM $500 TO $1,000. SCHOLARSHIPS ARE CREDITED TO STUDENT'S INVOICE AGAINST TUITION, HOUSING OR OTHER CHARGES.;NAME=UNIVERSITY OF CANTERBURY STUDY ABROAD SCHOLARSHIP,DESCRIPTION=THIS SCHOLARSHIP IS OFFERED BY THE UNIVERSITY OF CANTERBURY TO INCOMING STUDY ABROAD STUDENTS. APPLICANTS MUST SUBMIT A TRANSCRIPT, LETTER OF RECOMMENDATION AND PERSONAL ACADEMIC STATEMENT. WINNERS ARE CHOSEN BY IES ABROAD. AWARDS ARE CREDITED TO THE INVOICE SENT FROM THE UNIVERSITY OF CANTERBURY TO IES ABROAD. IN TURN, IES ABROAD CREDITS THE INDIVIDUAL STUDENT'S INVOICE WITH THE AWARD AMOUNT AFTER CONVERSION FROM NZ$ TO US$. 10 SCHOLARSHIPS WERE AWARDED IN 2013-14.;NAME=VIENNA CENTER MUSIC SCHOLARSHIP,DESCRIPTION=THIS SCHOLARSHIP IS OFFERED TO A STUDENT CURRENTLY STUDYING VIOLIN AT THE IES ABROAD VIENNA. AWARDS ARE GIVEN IN THE FORM OF A CREDIT ON THEIR IES ABROAD INVOICE TO BE USED AGAINST TUITION, HOUSING OR OTHER CHARGES. 2 SCHOLARSHIP WAS AWARDED IN THE 2013-14 ACADEMIC YEAR.;NAME=BOREN AND GILMAN SCHOLARSHIP SUPPORT GRANTS,DESCRIPTION=THESE GRANTS ARE AVAILABLE TO ANY STUDENT THAT IS A RECIPIENT OF A BOREN OR GILMAN SCHOLARSHIP AND WHO ATTEND A SCHOOL THAT IS A MEMBER OR ASSOCIATE MEMBER OF THE IES ABROAD CONSORTIUM THAT TRANSFERS AT LEAST 75% OF INSTITUTIONAL AID TO PAY FOR STUDY ABROAD. APPLICANTS MUST SUBMIT A PAPER APPLICATION, PROOF OF SCHOLARSHIP AND A 500 WORD STATEMENT EXPLAINING HOW THE STUDY ABROAD EXPERIENCE WILL COMPLEMENT ACADEMIC AND PERSONAL GOALS AND HOW THE BOREN OR GILMAN SCHOLARSHIP WILL HELP FACILITATE THIS. 20 GRANT OF $1000 EACH ARE AVAILABLE FOR FALL AND SPRING, AND 20 GRANTS OF $500 EACH ARE AVAILABLE FOR SUMMER. SCHOLARSHIPS ARE CREDITED TO STUDENT'S INVOICE AGAINST TUITION, HOUSING OR OTHER CHARGES. 16 GRANTS WERE AWARDED DURING THE 2013-14 ACADEMIC YEAR.;NAME=CHICAGO SCHOLARS,DESCRIPTION=IES ABROAD HAS AN AGREEMENT WITH CHICAGO SCHOLARS TO OFFER TUITION AND STIPEND SUPPORT TO SELECT STUDENTS. RECIPIENTS OF IES ABROAD SUPPORT ARE RECRUITED BY THE IES ABROAD DIVERSITY COORDINATOR. FOR THE 2013-14 ACADEMIC YEAR, 3 STUDENTS RECEIVED TUITION SUPPORT OF $4000 EACH, WHICH IS CREDITED TO THE STUDENTS' INVOICE AGAINST TUITION, HOUSING OR OTHER CHARGES, AND A $1000 STIPEND ISSUED AS A CHECK IN THE STUDENT'S NAME.; X X X X true true X X X X X false true false false false false false false false WILLIAM HOYE EVP/CHIEF OPERATING OFFICER 400791 0 0 0 4903 0 20966 0 22945 0 449605 0 0 0 WILLIAM MARTENS VP FINANCE/CFO 259820 0 0 0 672 0 24225 0 21916 0 306633 0 0 0 DR MARY M DWYER DIRECTOR/PRESIDENT 660622 0 0 0 10620 0 130567 0 18181 0 819990 0 0 0 MICHAEL STEINBERG EVP/DIRECTOR ACADEMIC PROGRAMS 244866 0 0 0 5821 0 21718 0 12633 0 285038 0 0 0 RICHARD BARTECKI EVP MARKETING 215479 0 14359 0 1004 0 16812 0 9501 0 257155 0 0 0 RICHARD IAN ELLIS VP IT/CHIEF INFORMATION OFFICER 219910 0 0 0 360 0 18282 0 11476 0 250028 0 0 0 ROGER SHEFFIELD VP ADVANCEMENT/CHIEF ADVANCEMENT OFFICER 197830 0 0 0 323 0 15308 0 14551 0 228012 0 0 0 MICHAEL GREEN AVP RECRUITING & ADVISING 125848 0 10000 0 212 0 12664 0 18419 0 167143 0 0 0 DAVID HUMPHREY AVP HUMAN RESOURCES 130542 0 0 0 136 0 12804 0 15470 0 158952 0 0 0 Schedule J, Part I, Line 1a, First-class or charter travel UNCOMPENSATED BOARD DIRECTORS ARE REQUIRED TO FLY ECONOMY CLASS ON BEHALF OF THE ORGANIZATION. IES DOES ALLOW FOR BUSINESS-CLASS TRAVEL OF A BOARD MEMBER WHEN REQUIRED FOR HEALTH REASONS AS PRESCRIBED IN WRITING BY A LICENSED PHYSICIAN. IF BUSINESS CLASS IS UNAVAILABLE IN THAT MARKET, FIRST-CLASS MAY BE SUBSTITUTED. ALSO, FIRST-CLASS FARES ARE PERMITTED WHEN THERE IS NO FARE DIFFERENCE BETWEEN FIRST-CLASS AND COACH FARE OR THERE ARE LIMITED FLIGHT OPTIONS AND THERE IS NO FARE DIFFERENCE BETWEEN FIRST-CLASS AND BUSINESS-CLASS. Schedule J, Part I, Line 1a, Travel for companions THE ORGANIZATION PAID FOR CULTURAL ACTIVITIES, AIR TRAVEL, LOCAL TRAVEL, AND HEALTH INSURANCE FOR GUESTS FOR SOME MEMBERS OF THE BOARD OF DIRECTORS. THE RELATED BENEFIT WAS INCLUDED IN THE BOARD MEMBERS' TAXABLE COMPENSATION. Schedule J, Part I, Line 1a, Tax indemnification and gross-up payments THE ORGANIZATION'S PRESIDENT AND CHIEF OPERATING OFFICER HAVE THEIR OWN SUPPLEMENTAL LONG TERM DISABILITY INSURANCE FOR WHICH IES REIMBURSES THEM. THE ORGANIZATION THEN PAYS THE TAX ATTRIBUTABLE TO THE REIMBURSEMENT ON BEHALF OF THE ORGANIZATION'S PRESIDENT AND COO. THE BENEFITS WERE INCLUDED IN TAXABLE COMPENSATION. Schedule J, Part I, Line 1a, Health or social club dues or initiation fees THE ORGANIZATION REIMBURSES FOR THE PRESIDENT'S AIR TRAVEL CLUB MEMBERSHIP. THE BENEFIT WAS INCLUDED IN THE PRESIDENT'S W-2 TAXABLE COMPENSATION. Schedule J, Part I, Line 4b, Supplemental nonqualified retirement plan MARY M. DWYER, PRESIDENT, 457(F) PLAN - $84,786 Form 990, Part VI, Sec A, Line 1a, Delegate broad authority to a committee THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD OF DIRECTORS, THE TWO VICE CHAIRS, THE PRESIDENT, AND NOT MORE THAN TWO OTHER DIRECTORS ELECTED AS A MEMBER OF THE EXECUTIVE COMMITTEE BY A MAJORITY OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION EXCEPT AS LIMITED BY THE PROVISIONS OF THE "GENERAL NOT FOR PROFIT CORPORATION ACT" OF THE STATE OF ILLINOIS OR BY ANY RESOLUTION DULY ADOPTED BY THE BOARD OF DIRECTORS SPECIFICALLY RESERVING UNTO ITSELF ANY STATED ACTS, DECISIONS OR POWERS. Form 990, Part VI, Sec B, Line 11b, Review of form 990 by governing body THE APPROPRIATE MEMBERS OF IES MANAGEMENT AND THE CHAIR OF IES-ABROAD'S AUDIT COMMITTEE REVIEW THE FULL FORM 990 IN DETAIL IN CONJUNCTION WITH THE ORGANIZATION'S INDEPENDENT PAID TAX PREPARERS. SUBSEQUENT TO THIS REVIEW, A FULL COPY OF THE FORM 990 IS DISTRIBUTED TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Sec B, Line 12c, Conflict of interest policy IN ACCORDANCE WITH IES ABROAD'S CONFLICT OF INTEREST POLICY, ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES MUST COMPLETE AND SUBMIT AN ANNUAL CONFLICT OF INTEREST FORM AND DISCLOSE ALL POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. THE FORMS COMPLETED BY DIRECTORS ARE REVIEWED BY THE CHAIR OF THE GOVERNANCE COMMITTEE OF THE BOARD, HUMAN RESOURCES, AND THE PRESIDENT/CEO. THE CHAIR OF THE GOVERNANCE COMMITTEE REPORTS ANY CONFLICTS INVOLVING BOARD MEMBERS OR THE PRESIDENT/CEO TO THE FULL BOARD EACH YEAR. THE CHAIR OF THE BOARD OF DIRECTORS ALSO REVIEWS THE COMPLETED CONFLICT OF INTEREST FORMS SUBMITTED BY THE PRESIDENT AND CEO EACH YEAR. THE PRESIDENT/CEO REVIEWS ALL OTHER OFFICERS' CONFLICT OF INTEREST FORMS. THE HUMAN RESOURCES DEPARTMENT REVIEWS THE CONFLICT OF INTEREST FORMS COMPLETED AND SUBMITTED BY ALL OTHER OFFICERS AND KEY EMPLOYEES OF IES ABROAD. IF IT IS DISCOVERED THAT A BOARD MEMBER HAS A CONFLICT OF INTEREST DURING BOARD OR COMMITTEE DELIBERATIONS, THEN THE AFFECTED BOARD MEMBER MUST RECUSE HIMSELF OR HERSELF FROM THE RELEVANT ISSUE, DELIBERATIONS, AND DECISION-MAKING PROCESS. OTHER MEASURES CAN OCCUR IN ORDER TO ADEQUATELY MANAGE A BOARD OR STAFF MEMBER'S CONFLICTS OF INTEREST. THOSE INVOLVING BOARD MEMBERS' CONFLICTS CAN BE DETERMINED BY THE BOARD GOVERNANCE COMMITTEE AND APPROVED BY THE BOARD EXECUTIVE COMMITTEE AND THE FULL BOARD AS NECESSARY. INDIVIDUAL CONFLICT OF INTEREST FORMS COMPLETED BY IES OFFICERS AND KEY EMPLOYEES ARE PLACED IN CONFIDENTIAL FILES MAINTAINED BY IES ABROAD'S HUMAN RESOURCES DEPARTMENT. Form 990, Part VI, Sec B, Line 15a, Process to establish compensation of top management official IES ABROAD'S BOARD EXECUTIVE COMMITTEE, ACTING AS THE BOARD COMPENSATION COMMITTEE, REVIEWS AND APPROVES THE COMPENSATION OF IES ABROAD VICE PRESIDENTS AND OFFICERS ANNUALLY. THE BOARD EXECUTIVE COMMITTEE IS COMPRISED OF THE ELECTED BOARD CHAIR, THE ELECTED VICE CHAIRS, TWO OTHER BOARD MEMBERS AND THE PRESIDENT/CEO. THE EXECUTIVE COMMITTEE REVIEWS THE EXTERNAL COMPENSATION INFORMATION DESCRIBED IN THE FOLLOWING PARAGRAPHS TO SET COMPENSATION. THE PRESIDENT/CEO RECUSES HERSELF FROM ANY DISCUSSIONS REGARDING THE SETTING OF HER OWN COMPENSATION. AT LEAST EVERY 4 YEARS, IES ABROAD RETAINS AN INDEPENDENT, OUTSIDE COMPENSATION REVIEW FIRM TO EVALUATE THE COMPANY'S VICE PRESIDENTS' AND OFFICERS' COMPENSATION. THE INDEPENDENT FIRM USES MARKET SURVEYS AND OTHER RESOURCES TO COMPARE THE COMPENSATION OF IES ABROAD VICE PRESIDENTS AND OFFICERS AND POSITIONS TO SIMILAR (OR IDENTICAL) POSITIONS AT OTHER ORGANIZATIONS WITH SIMILAR ANNUAL REVENUES, COMPARABLE ANNUAL ENROLLMENTS, COMPARABLE NUMBERS OF EMPLOYEES, AND COMPARABLE LEVELS AND COMPLEXITIES OF JOB RESPONSIBILITIES, IN ORDER TO ESTABLISH A BENCHMARK FOR REASONABLE COMPENSATION. IES ABROAD MOST RECENTLY RETAINED AN OUTSIDE COMPENSATION REVIEW FIRM FOR THE VICE PRESIDENT'S AND OTHER OFFICERS' (INCLUDING PRESIDENT/CEO) COMPENSATION IN APRIL 2012. THE OVERARCHING GOAL OF IES ABROAD'S COMPENSATION POLICY IS DESIGNED TO ACHIEVE COMPENSATION LEVELS FOR ITS VICE PRESIDENTS AND OFFICERS AT COMPETITIVE MARKET RATES. IT IS BOARD POLICY TO DEFINE COMPETITIVE MARKET RATES AT THE 65TH PERCENTILE (VICE PRESIDENTS) AND 85TH PERCENTILE (PRESIDENT/CEO) OF THE MARKET SALARY BY POSITION AS DETERMINED BY NATIONAL SURVEYS. ANNUALLY, IES REVIEWS THE PERFORMANCE OF EACH OF ITS VICE PRESIDENTS AND OFFICERS. SALARY DATA FOR EACH POSITION IS AGED ANNUALLY BASED UPON INSTRUCTIONS PROVIDED IN THE INDEPENDENT THIRD PARTY STUDY COMMISSIONED BY IES ABROAD EVERY FOUR YEARS. THE COMPETITIVE MARKET DATA PROVIDED BY THE 3RD PARTY FIRM IN 2012 WAS UPDATED IN APRIL/MAY 2013 BY IES ABROAD'S ASSOCIATE VICE PRESIDENT OF HUMAN RESOURCES FOLLOWING COMPENSATION REVIEW BEST PRACTICES INCLUDING GUIDANCE PROVIDED BY THE 3RD PARTY FIRM. THE HUMAN RESOURCES DEPARTMENT ANNUALLY MONITORS SALARIES OF ALL HEADQUARTERS, U.S. BASED EMPLOYEES BASED UPON THE REVIEW OF SEVERAL NATIONAL, 3RD PARTY COMPENSATION SURVEY REPORTS. ONCE APPROVED BY THE BOARD EXECUTIVE COMMITTEE ON AN ANNUAL BASIS, COMPENSATION DECISIONS MADE BY THE EXECUTIVE COMMITTEE FOR VICE PRESIDENTS ARE PRESENTED TO THE FULL BOARD OF DIRECTORS. SEPARATELY, THE EXECUTIVE COMMITTEE OF THE BOARD RECOMMENDS COMPENSATION FOR THE PRESIDENT/CEO TO THE FULL BOARD THAT IN TURN VOTES ON THE PRESIDENT'S/CEO'S COMPENSATION. THE FULL BOARD VOTES ON THE COMPENSATION OF THE PRESIDENT/CEO ON AN ANNUAL BASIS. VICE PRESIDENTS AND OFFICERS NEVER TAKE PART IN THE DISCUSSIONS REGARDING THE SETTING OF THEIR OWN COMPENSATION. THE CHAIR OF THE BOARD OF DIRECTORS DOCUMENTS THE ABOVE PROCESS TO THE DEPARTMENT OF HUMAN RESOURCES ON AN ANNUAL BASIS. THE COMPENSATION PACKAGE OF SOME OF THE ORGANIZATION'S VICE PRESIDENTS AND OFFICERS ARE DOCUMENTED IN A WRITTEN EMPLOYMENT CONTRACT. Form 990, Part VI, Sec B, Line 15b, Process to establish compensation of other employees PLEASE SEE THE NARRATIVE FOR FORM 990, PART VI, SECTION B, LINE 15A Form 990, Part VI, Sec C, Line 19, Required documents available to the public FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Form 990 , Part XI, Line 9, Other changes in net assets or fund balances UNREALIZED GAIN FOREIGN CURRENCY CONTRACTS - 842124; FOREIGN CURRENCY TRANSLATION ADJUSTMENT - 619571; STITCHING IES AMSTERDAM OUDEZIJDS ACHTERBURGWAL 185 AMSTERDAM AMSTERDAM NL 1012 DK ABROAD PROG NL 57683 136752 IES INSTITUTE FOR INTL ED OF STUDENTS - SF (CAPE TOWN) STEVE BIKO BUILDING UPPER CAMPUS UNIVERSITY OF CAPE TOWN RONDEBOSCH SF 7701 ABROAD PROG SF 5040 100598 IES SOCIETY FOR THE INTL ED OF STUDENTS (DELHI) C-54 NEETI BAGH NEW DELHI IN 110049 ABROAD PROG IN 0 0 IES LONDON CENTRE OF THE INST EUROPEAN STUDIES ABROAD PROG UK 378404 5391154 IES IES NANTES ASSOCIATION 7 RUE DES CADENIERS NANTES FR 44000 ABROAD PROG FR -9 69961 IES ASSOCIATION D'IES ABROAD-PARIS 77 RUE DAGUERRE PARIS FR 75014 ABROAD PROG FR 506 548611 IES IES FOUNDATION (QUITO ECUADOR) ABROAD PROG EC 0 187692 IES THE INST FOR THE INTL ED OF STUDENTS (SPAIN) ABROAD PROG SP 5802 1522948 IES IES ABROAD (RABAT) 89 AVENUE MOULAY ISMAIL RABAT-HASSAN RABAT MO 10006 ABROAD PROG MO 2351 159715 IES IES ABROAD PATHWAYS LLC 33 W MONROE ST STE 2300 CHICAGO IL 606035405 981135334 ABROAD PROG DE -6990 149121 IES INSTITUTE FOR THE INTERNATIONAL EDUCATION OF STUDENTS PTY LTD LEVEL 17 383 KENT STREET SYDNEY NSW AS 2000 121405856 ABROAD PROG AS 0 0 IES IES ABROAD JAPAN CENTERS 1-7-1 NAKASE SCED BLDG 3F MIHAMA-KU CHIBA-SHI CHIBA JA 261-0023 981079733 ABROAD PROG JA -5 496451 IES IES ABROAD INDIA PRIVATE LIMITED (IES INDIA) ABROAD PROG IN -3370 108688 IES IES ABROAD BRASIL AV RIO BRANCO 1 ANDAR 12 CENTRO RIO DE JANEIRO BR 20.090-003 981137773 ABROAD PROG BR -17357 150384 IES PATHWAYS GLOBAL CONSULTING (BEIJING) CO LTD RM 4052 LINGLONG TOWER ENJI ZHUANG BEIJING NO 46, F-HAIDIAN CH ABROAD PROG CH -1407 133698 IES FONDAZIONE IES ABROAD ITALY LUNGOTEVERE TOR DI NONA 7 ROME ROME IT 00186 981198420 ABROAD PROG IT 18526 1156199 IES