2013-05-02T17:27:40-05:00 2012-12-31 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2012-01-01 541492775 FOUNDATION FOR MANAGEMENT EDUCATION IN CENTRAL AMERICA FOUN 3013200680 PO BOX 639 GLEN ECHO MD 20812 GEORGE W LOGAN 3013200680 2013-04-23 1 5712279500 2012 2016-02-25 16:41:14Z GEORGE W LOGAN PO BOX 639 GLEN ECHO MD 20812 3838398 0 X N/A X 1980 VA TO MAKE GRANTS TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA. 11 11 0 11 0 0 175397 1353131 0 0 170338 458621 0 0 345735 1811752 518392 1701502 0 0 0 0 0 0 0 142444 147244 660836 1848746 -315101 -36994 6761717 6987988 171500 175732 6590217 6812256 TO PROMOTE THE STUDY OF MANAGEMENT AND RELATED DISCIPLINES AND TO DEVELOP AND IMPLEMENT EDUCATIONAL PROGRAMS IN AND FOR CENTRAL AMERICA BY AWARDING GRANTS TO EXEMPT ORGANIZATIONS IN THE UNITED STATES AND LATIN AMERICA. 0 0 1701502 1701502 GRANTMAKING: GRANTS TO INCAE AND OTHER SCHOOLS TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA. 1701502 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LARRY SLESINGER 3013200680 5016 WESTPATH TERRACE BETHESDA MD 20816 X GEORGE W LOGAN 1.00 X X 0 0 0 VICTOR BALESTRA 1.00 X 0 0 0 MICHAEL C WILLIAMS 1.00 X X 0 0 0 JACKSON B GILBERT 1.00 X 0 0 0 STEPHEN CAMPBELL 1.00 X X 0 0 0 FRANCISCO DE SOLA 1.00 X 0 0 0 ROBERTO ARTAVIA 1.00 X 0 0 0 SUSAN KAUFMAN PURCELL 1.00 X 0 0 0 ARTURO CONDO 1.00 X 0 0 0 FREDERICO SACASA 1.00 X 0 0 0 BRIZIO BIONDI-MORRA 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1353131 1353131 159950 159950 2325317 2026646 298671 298671 298671 1811752 0 0 458621 1701502 1701502 64800 64800 8894 8894 67008 67008 1268 1268 2747 2747 2527 2527 1848746 1701502 147244 0 8751 7651 28592 25005 1882 1882 6722492 6953450 6761717 6987988 171500 175732 171500 175732 X 4487680 4709719 2102537 2102537 6590217 6812256 6761717 6987988 -36994 259033 0 X X 0 1 X 1 0 X 333490 279694 397250 175397 1353131 2538962 333490 279694 397250 175397 1353131 2538962 910136 1628826 217190 190673 170888 170338 159950 909039 3448001 0.47240 0.34660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59 1353131 1353131 0 1 1768480 196643 105127 1859996 1850759 22848 105127 1768480 1730510 225376 105127 1850759 1520792 317845 105127 1733510 2308685 -682766 105127 1520792 1.00000 0 0 0 X 717654 259033 259033 458621 1353131 1353131 1811752 495615 0 495615 1353131 1353131 1848746 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: INVESTMENT INCOME TO FUND GENERAL OPERATIONS OF THE FOUNDATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE TAX RETURNS FOR THE FISCAL YEAR ENDED 2009 THROUGH 2011 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: DONOR ADVISED FUNDS RECEIVED PART XII, LINE 4B - OTHER ADJUSTMENTS: DONOR ADVISED FUNDS PAID 0 CARIBBEAN 0 0 PROGRAM SERVICES PROVIDES GRANTS AND SCHOLARSHIPS TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA 1701502 0 0 0 0 0 0 1701502 0 1701502 CENTRAL AMERICA & CARRIBEAN TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA. 1701502 VIA CHECKS DEPOSITED IN INCAE'S BANK IN THE USA 1 0 0 0 0 0 0 WE RECEIVE PROGRESS REPORTS FROM THE RECTOR (DIRECTOR/CEO) OF INCAE AT OUR BOARD MEETINGS. THE BOARD MEETS EVERY TWO YEARS AT INCAE, WHERE WE MEET STUDENTS WHO HAVE RECEIVED SUPPORT FROM FMECA AND WHERE WE SEE THE SCHOOL IN OPERATION. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS ARTURO CONDO, ROBERTO ARTAVIA, AND BRIZIO BIONDI-MORRA ARE ON THE STAFF OR BOARD OF INCAE, AND THE ORGANIZATION PROVIDES DONOR ADVISED FUNDS AND GRANTS TO INCAE. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTS WITH SLESINGER MANAGEMENT SERVICES TO PROVIDE ADMINISTRATIVE SUPPORT. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN ACCOUNTING FIRM, AND THE DRAFT IS REVIEWED BY THE ADMINISTRATOR, THE BOARD PRESIDENT AND TREASURER. THE UPDATED DRAFT IS THEN FORWARDED TO BOARD MEMBERS FOR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, EACH BOARD MEMBER IS TO REVIEW AND SIGN A CONFLICT OF INTEREST FORM WHICH DISCLOSES ANY KNOWN OR POTENTIAL CONFLICTS. THE SIGNED FORM IS COLLECTED BY THE ADMINISTRATOR AND REVIEWED BY THE BOARD PRESIDENT AND TREASURER. PER THE POLICY, IF A CONFLICT IS IDENTIFIED, WHILE THE CONFLICT IS UNDER REVIEW, THE OFFICIAL MAY NOT DEBATE, VOTE, OR OTHERWISE PARTICIPATE IN THE DETERMINATION AS TO WHETHER THE CONFLICT MATERIALLY AND ADVERSELY AFFECTS THE INTERESTS OF THE FOUNDATION. THE BOARD SHALL DETERMINE AN APPROPRIATE REMEDY WHICH MAY INCLUDE RECUSAL OF THE CONFLICTED OFFICIAL FROM PARTICIPATING IN CERTAIN MATTERS PENDING BEFORE THE BOARD OR OTHER FOUNDATION BODY. NOT APPLICABLE AS NO EMPLOYEES AND THE BOARD OFFICERS DO NOT RECEIVE ANY COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT FORM 990, PART XI, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.