2012-11-13T21:17:10-08:00 2011-12-31 RENE VELEZ ACCOUNTING TAX & CONSULTING 13020 SW 133RD COURT MIAMI FL 33186 990 2011-01-01 261857750 TECNOLOGICO DE MONTERREY FOUNDATION TECN 7138608452 10370 RICHMOND AVE HOUSTON TX 77042 ING CARLOS E CRUZ LIMON 7138608452 2012-08-14 true RENE VELEZ CPA 3052597775 2012-11-14 2011 2016-02-24 21:20:13Z ING CARLOS LIMON CRUZ 1722 ROUTH STREET DALLAS TX 75201 277807 false X www.tecdemonterreyfoundation.org X 2007 TX To Support and benefit domestic and foriegn educational institutions as described in sections 509(a)1 and 509(a)2 7 4 1 12 0 81577 277807 0 0 0 81577 277807 0 0 31471 0 0 5419 6099 5419 37570 76158 240237 86913 334086 6936 86913 327150 X To Support and benefit domestic true false 33654 THE FOUNDATION STARTED A HOUSTON, TEXAS CAMPUS FOR CONTINUING EDUCATION COURSES AND OTHER OUTREACH PROGRAMS. 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. IT IS THE HOPE THROUGH VARIOUS PARTNERSHIPS IT MAY BECOME AN INNOVATION CENTER FOR ENTREPRENEURS AND COMMUNITY BASED GRASS ROOTS ORGANIZATIONS. 33654 true 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 true false false false false false false false false false false false false false true false false false true 0 0 1 true false false false false false false false false false false X 7 4 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 ING LORENZO H ZAMBRANO 10.00 X X 0 0 0 ING JOSE ANTONIO FERNANDEZ CARBAJAL 10.00 X X 0 0 0 DR RAFAEL RANGEL SOSTMAN 23.00 X X 31471 0 0 ING MARIANA GARZA LAGUERA GONDA 10.00 X 0 0 0 LIC ALBERTOS SANTOS DE HOYO 10.00 X 0 0 0 LIC THOMAS MILMOS SANTOS 10.00 X 0 0 0 ING GERARDO CHAPA GONZALEZ 10.00 X 0 0 0 ING ELISEO VAZQUEZ OROZCO 10.00 X 0 0 0 ING CARLOS E CRUZ LIMON 10.00 X 0 0 0 LETICIA ZAMARRIPA 10.00 X 0 0 0 31471 0 true false false 277807 277807 277807 31471 31471 0 0 2175 2175 0 0 8 8 0 0 3916 0 3916 0 37570 33654 3916 0 85996 333169 917 917 86913 334086 6936 0 6936 X 86913 130804 196346 86913 327150 86913 334086 240237 X false false false X 5043 2884 35577 47807 91311 5043 2884 35577 47807 91311 91311 0 91311 X 0 0 0 0 OTHER ADDL INFO: PART II SEC. A LINE 1 (2010) UNUSUAL GIFT OF $46,000 BY; INDIVIDUAL DONOR.; OTHER ADDL INFO: PART II SEC A LINE 1 (2009) UNUSUAL GRANT OF $10,000 BY; CORPORATE DONOR.; OTHER ADDL INFO: PART II SEC. A LINE 1 (2011) UNUSUAL GRANT OF $230,000 BY; EDUCATIONAL INSTITUTION.; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false false false false false false false false false RAFAEL RANGEL 31471 31471 Pt III, Line 2 The foundation began operations of a Houston, Texas campus for continuing education. The campus will focus on continuing for working adults and other outreach programs. Pt VI, Line 2 See Exhibit E, attached which is part of form 1023, Some of the Officers and Trustees are related by virtue of employment of the initial Member of the Foundation and by family relationships. However, all officers and trustees must abide by Section 7.4 of the Bylaws, which contain a conflict of interest provision. Pt VI, Line 6 The Foundation has one Initial Member; Instituto Tecnologico y De Estudios Superiores De Monterrey Pt VI, Line 7a The Foundation has one Initial Member; Instituto Tecnologico y De Estudios Superiores De Monterrey, who under section 2.1 of the Bylaws, can approve terms and conditions for memberships. However, memberships may not be transferable. Further, there are no plans for additional members. The member has appointed a Board of Trustees, who make management decisions and are the governing body. Pt VI, Line 11a A copy of form 990 is provided to the Board of Trustees for their review prior to filing. Pt VI, Line 12c As provided in the Foundation Bylaws section 7.4 titled "Conflicts of Interest", there are significant provisions to assure conflicts do not occur. In particular the Board of Trustees may require as a condition to qualify as a trustee, officer or other position, request from time to time a conflict of interest disclosure statement from such personnel. Pt VI, Line 15 The Foundation has continued operations in start up mode. As such the decision has been made most of the Trustees and Officers and any other personnel recieve no compensation. At such time as a determination is made to compensate Trustees, Officers or other personnel, guidelines, analysis and approvals will be put in place to follow industry norms. In 2011 salary was paid to a an officer for the purposes of starting up an educational program in Houston, Texas. Pt VI, Line 19 Form 990, 1023 and the Bylaws of the Foundation are available by request to either the Foundation's outside Certified Public Accountant or to the Foundation Secretary. 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 INSTITUTO TECHNOLOGICO Y DE ESTUDIOS SUPERIORES DE MONTERREY 1c 230000 Cash