2014-12-02T14:58:11-08:00 2013-12-31 RENE VELEZ ACCOUNTING TAX & CONSULTING 13020 SW 133rd Court MIAMI FL 33186 990 2013-01-01 261857750 Tecnologico De Monterrey Foundation TECN 7138608451 PO Box 2669 Sugar Land TX 77487 ING CARLOS CRUZ LIMON CHAIRMAN 7138608451 2014-10-11 true RENE VELEZ CPA 3052597775 2014-12-02 2013 2015-11-30 17:44:51Z ING CARLOS CRUZ LIMON 1722 Routh Street Dallas TX 75201 795895 false X www.itesm.la X 2007 TX To Support and benefit domestic and foriegn educational institutions as described in sections 509(a)1 and 509(a)2 9 9 4 12 0 269201 751985 65517 43910 0 0 334718 795895 290 300 0 182060 191533 0 38041 215901 522663 398251 714496 -63533 81399 273041 351606 9424 6590 263617 345016 X To Support and benefit domestic false true 547937 300 43910 THE FOUNDATION STARTED A HOUSTON, TEXAS CAMPUS FOR CONTINUING EDUCATION COURSES AND OTHER OUTREACH PROGRAMS IN 2011. THE CAMPUS' TWO MAIN FOCUS AREAS ARE COMPLEMENTS TO FORMAL EDUCATION SYSTEMS FOR PERSONAL GROWTH AND ECONOMIC ADVANCEMENTS FOR YOUTH, ADULTS AND PARENTS AS WELL AS ASPIRING ENTREPRENUERS. THROUGH VARIOUS PARTNERSHIPS IT WILL FLOURISH TO BECOME AN INNOVATION CENTER FOR ENTREPRENEURS AND COMMUNITY BASED GRASS ROOTS ORGANIZATIONS AS WELL AS WITHIN THE BUSINESS COMMUNITY. THE HOUSTON CAMPUS HOSTS BOTH IN CLASS COURSES AS WELL AS ON-LINE COURSES OF EDUCATION. 547937 true true false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 6 0 4 true false false false false false false false false false false X 9 9 true false false false true true false true true false false true true true true false true true true false X Rene Velez CPA 3052597775 13020 SW 133rd Court Miami FL 33186 DR RAFAEL RANGEL SOSTMAN Trustee Exec. Vice Pres. 23.00 X X 0 0 0 ING GERARDO CHAPA GONZALEZ Trustee 10.00 X 0 0 0 ING ELISEO VAZQUEZ OROZCO Trustee - Treasurer 10.00 X X 0 0 0 ING CARLOS CRUZ LIMON Trustee - COB 10.00 X X 0 0 0 LIC LETICIA ZAMARRIPA Secretary 10.00 X 0 0 0 ANGELES CHAVEZ Assistant Treasurer 40.00 X 61000 0 0 ING SANDRA M ORTIZ RAMOS Trustee - Vice Pres. 10.00 X X 0 0 0 ING JUAN PABLO MURRA LASCURAIN Trustee - Vice COB 10.00 X 0 0 0 ING PATRICIO LOPEZ DEL PUERTO Trustee - President CEO 10.00 X X 0 0 0 61000 false false false 658155 93830 751985 Tuition Fees 611310 43910 43910 795895 43910 300 300 61000 30500 15250 15250 114841 99264 15577 0 15692 11769 3138 785 37033 33330 3703 0 63154 0 63154 0 128407 124932 0 3475 7674 6907 767 0 70137 56109 7014 7014 51635 43890 5163 2582 14144 14144 0 0 204 204 0 0 7457 6711 746 0 4142 2357 598 1187 Program & Misc Expenses 74869 61143 8234 5492 Telephone & Internet 29179 26261 2918 0 Dues & Subscriptions 22558 18046 2256 2256 Course Fees & Expenses 12070 12070 0 0 714496 547937 128518 38041 258456 320117 18609 37800 25837 13668 11963 917 917 273041 351606 9424 6590 9424 6590 X 223186 292099 40431 52917 263617 345016 273041 351606 81399 X false false false X X Instituto Tecnologico Y de Estudios Superiores De Monterrey 000000000 509(a)2 true true false 658155 1 658155 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37800 25837 11963 11963 Pt VI, Line 2 See Exhibit E, attached which is part of form 1023, Some of the Pt VI, Line 2 Officers and Trustees are related by virtue of employment Pt VI, Line 2 of the initial Member of the Foundation and by family Pt VI, Line 2 relationships. However, all officers and trustees must Pt VI, Line 2 abide by Section 7.4 of the Bylaws, which contain a conflict of interest Pt VI, Line 2 provision. Pt VI, Line 6 The Foundation has one Initial Member; Instituto Tecnologico Pt VI, Line 6 y De Estudios Superiores De Monterrey Pt VI, Line 7a The Foundation has one Initial Member; Instituto Tecnologico Pt VI, Line 7a y De Estudios Superiores De Monterrey, who under section Pt VI, Line 7a 2.1 of the Bylaws, can approve terms and conditions for Pt VI, Line 7a memberships. However, memberships may not be transferable. Pt VI, Line 7a Further, there are no plans for additional members. Pt VI, Line 7a The member has appointed a Board of Trustees, who make Pt VI, Line 7a management decisions and are the governing body. Pt VI, Line 11b A copy of form 990 is provided to the Board of Trustees for their review Pt VI, Line 11b prior to filing. Pt VI, Line 12c As provided in the Foundation Bylaws section 7.4 titled Pt VI, Line 12c "Conflicts of Interest", there are significant provisions Pt VI, Line 12c to assure conflicts do not occur. In particular the Board Pt VI, Line 12c of Trustees may require as a condition to qualify as a trustee, Pt VI, Line 12c officer or other position, request from time to time Pt VI, Line 12c a conflict of interest disclosure statement from such personnel. Pt VI, Line 15a See Part VI, Line 15b Below Pt VI, Line 15b The Foundation has continued operations in start up mode. As such Pt VI, Line 15b the decision has been made most of the Trustees and Officers Pt VI, Line 15b recieve no compensation. At such time Pt VI, Line 15b as a determination is made to compensate Trustees, Officers Pt VI, Line 15b or other personnel, guidelines, analysis and approvals Pt VI, Line 15b will be put in place to follow industry norms. In 2013 Pt VI, Line 15b salary was paid to a an officer for the purposes of Pt VI, Line 15b administering an educational program in Houston, Texas. Pt VI, Line 15b Office staff and other personnel were Pt VI, Line 15b placed on payroll on salaries equivalent to other similar Pt VI, Line 15b tax exempt organizations have been paid. Pt VI, Line 19 Form 990, 1023 and the Bylaws of the Foundation are available Pt VI, Line 19 by request to either the Foundation's outside Certified Public Accountant Pt VI, Line 19 or to the Foundation Secretary. Pt III, Line 3 This entity has changed its status from a publicly supported Pt III, Line 3 orginzation to a supporting organization of 509(a)1 and 509(a)2 organizations. Pt III, Line 3 It's mission and current operating programs support education Pt III, Line 3 for both continuing professional education as well as Pt III, Line 3 degrees in higher education. Instituto Tecnologico y De Estudios Superiores De Monterrey Eugenio Garza Sada 2501 Monterrey NL MX 64849 POST SECONDARY EDUCATION MX Foreign false false false true false false false false false false false false false false false false false false false false Instituto Technologico Y De Estudios Superiores De Monterrey 1c 658155 Cash