BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC (EIN 13-1606002)
Tax period
2009-09-01 to 2010-08-31
Filed
2011-05-23
IRS object ID
201141439349300764
Schema version
2009v1.7
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-05-23T14:15:03-05:00Timestamp
Tax Period End Date2010-08-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1SHALIK MORRIS & COMPANY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line17001 BRUSH HOLLOW ROADAddressLine1
CityWESTBURYCity
StateNYState
ZIP Code11590ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-09-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN131606002EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1BELGIAN AMERICAN EDUCATIONAL FDNTN INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBELGNameControl
Phone2037775765Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1195 CHURCH STREETAddressLine1
CityNEW HAVENCity
StateCTState
ZIP Code06510ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCHEVALIER EMILE L BOULPAEPName
TitlePRES & CHAIRMANTitle
Phone2034854055Phone
Date Signed2011-05-19DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRICHARD BROWNName
Phone5163388700Phone
Date Prepared2011-05-18DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonCHEVALIER EMILE L BOULPANameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line196 pond meadow roadAddressLine1
CitykillingwothCity
StateCTState
ZIP Code06419ZIPCode
FieldValueIRS element (for citing)
Gross Receipts7878625GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web Sitewww.baef.beWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1920YearFormation
State Legal DomicileDEStateLegalDomicile
Activity Or Mission DescriptionGRADUATE & POSTGRADUATE EXCHANGE FELLOWSHIP PROGRAM BETWEEN THE UNITED STATES AND BELGIUM.ActivityOrMissionDescription
Nbr Voting Members Governing Body15NbrVotingMembersGoverningBody
Nbr Independent Voting Members15NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers4TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year1645456ContributionsGrantsPriorYear
Contributions Grants Current Year1347376ContributionsGrantsCurrentYear
Program Service Revenue Prior Year315541ProgramServiceRevenuePriorYear
Program Service Revenue CY389466ProgramServiceRevenueCY
Investment Income Prior Year4343790InvestmentIncomePriorYear
Investment Income Current Year3394609InvestmentIncomeCurrentYear
Other Revenue Prior Year-18499OtherRevenuePriorYear
Other Revenue Current Year39288OtherRevenueCurrentYear
Total Revenue Prior Year6286288TotalRevenuePriorYear
Total Revenue Current Year5170739TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year2272076GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY2162959GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year86276SalariesEtcPriorYear
Salaries Etc Current Year82942SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year97503TotalFundrsngExpCurrentYear
Other Expense Prior Year379643OtherExpensePriorYear
Other Expenses Current Year393253OtherExpensesCurrentYear
Total Expenses Prior Year2737995TotalExpensesPriorYear
Total Expenses Current Year2639154TotalExpensesCurrentYear
Revenues Less Expenses Prior Year3548293RevenuesLessExpensesPriorYear
Revenues Less Expenses CY2531585RevenuesLessExpensesCY
Total Assets BOY64215079TotalAssetsBOY
Total Assets EOY65047216TotalAssetsEOY
Total Liabilities BOY122588TotalLiabilitiesBOY
Total Liabilities EOY149093TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY64092491NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY64898123NetAssetsOrFundBalancesEOY
Mission Descriptionthe baef is engaged in fostering the higher education of deserving belgians and american through it's exchange fellowship programMissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense2261693Expense
Grants2149375Grants
Revenue0Revenue
DescriptionGRADUATE FELLOWSHIP PROGRAMDescription

Activity2 Activity2

FieldValueIRS element (for citing)
Expense7826Expense
Grants7450Grants
Revenue0Revenue
DescriptionINSTITUTIONAL GRANTSDescription

Activity3 Activity3

FieldValueIRS element (for citing)
Expense6443Expense
Grants6134Grants
Revenue0Revenue
DescriptionALUMNI AWARDDescription

Activity Other ActivityOther

FieldValueIRS element (for citing)
DescriptionREMEMBERING HERBERT HOOVERDescription
FieldValueIRS element (for citing)
Total Program Service Expense2275962TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art1CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Balance Sheet Amounts Reported1BalanceSheetAmountsReported
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office1ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations1MoreThan5000KToOrganizations
More Than5000 K To Individuals1MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp1OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10963NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account1ForeignFinancialAccount
Name Of Foreign CountryBENameOfForeignCountry
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Nbr Voting Governing Body Members15NbrVotingGoverningBodyMembers
Number Independent Voting Members15NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval1DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters1LocalChapters
Policies Reference Chapters1PoliciesReferenceChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledCTStatesWhereCopyOfReturnIsFiled
Other WebsiteXOtherWebsite

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1RICHARD B BROWNBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number5163388700TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line17001 BRUSH HOLLOW ROADAddressLine1
CitywestburyCity
StateNYState
ZIP Code11590ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (15 entries)

TitleTitleIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
DR maryan ainsworth
DIRECTORX000
Chevalier emile l boulpaep
chairman, pres. & directorX000X
mr jacques de groote
DIRECTORX000
COMTE DIEGO DU MONCEAU DE BERGENDAL
DIRECTORX000
mrs susan friberg
DIRECTORX000
mr john hf haskell jr
DIRECTORX000
mr andre jacques
DIRECTORX000
BARON DANIEL JANSSEN
DIRECTORX000
Lgilles sion esq
secretary, directorX000X
dirk wauters
DIRECTORX000
PROFESSOR JACQUES WILLEMS
DIRECTORX000
prof dr marcel crochet
directorX000
william f moody
vice-president,directorX000X
margaret hoover
directorX000
mr olivier trouveroy
director,treasurerX000X
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
griffin asset management
330 madison avenuenew yorkNY10017investment advisory services165140
shalik morris & company LLP
7001 brush hollow roadwestburyNY11590accounting and tax services142824
FieldValueIRS element (for citing)
Number Of Contractors GT100 K2NumberOfContractorsGT100K
Related Organizations976158RelatedOrganizations
Government Grants74475GovernmentGrants
All Other Contributions296743AllOtherContributions
Total Contributions1347376TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
Descriptionfellowship repaymentsDescription
Business Code900099BusinessCode
Total Revenue Column389466TotalRevenueColumn
Related Or Exempt Function Income389466RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue389466TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1383289TotalRevenueColumn
Exclusion$1,383,289ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities4719206Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities2707886Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities2011320Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column2011320TotalRevenueColumn
Related Or Exempt Function Income2011320RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
FRIENDS OF BAEF NET IN9000992708727087
RESULTS OF FOREIGN EXC9000991114011140
MISCELLANEOUS90009910611061
FieldValueIRS element (for citing)
Total Other Revenue39288TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column5170739TotalRevenueColumn
Related Or Exempt Function Income2440074RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$1,383,289ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total2149375Total
Program Services2149375ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total13584Total
Program Services13584ProgramServices

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total67277Total
Program Services23547ProgramServices
Management And General22201ManagementAndGeneral
Fundraising21529Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total15665Total
Program Services5482ProgramServices
Management And General5170ManagementAndGeneral
Fundraising5013Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total142824Total
Program Services49988ProgramServices
Management And General47132ManagementAndGeneral
Fundraising45704Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total165140Total
Management And General165140ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total4084Total
Program Services1429ProgramServices
Management And General1348ManagementAndGeneral
Fundraising1307Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total7297Total
Program Services2554ProgramServices
Management And General2408ManagementAndGeneral
Fundraising2335Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total18671Total
Program Services6535ProgramServices
Management And General6161ManagementAndGeneral
Fundraising5975Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total3061Total
Program Services1071ProgramServices
Management And General1010ManagementAndGeneral
Fundraising980Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total7706Total
Program Services2697ProgramServices
Management And General2543ManagementAndGeneral
Fundraising2466Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total6686Total
Program Services2340ProgramServices
Management And General2206ManagementAndGeneral
Fundraising2140Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total500Total
Program Services175ProgramServices
Management And General165ManagementAndGeneral
Fundraising160Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
ANNUAL AUDIT10300360533993296
telephone and internet9873345632583159
special EVENTS7417259624482373
GRADUATE FELLOWSHIP EXP63646364
postage1691592558541

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total1639Total
Program Services572ProgramServices
Management And General542ManagementAndGeneral
Fundraising525Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total2639154Total
Program Services2275962ProgramServices
Management And General265689ManagementAndGeneral
Fundraising97503Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY771044BOY
EOY58639EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY288125BOY
EOY790564EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY16600BOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY323674BOY
EOY221162EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis331996LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec20801LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY316537BOY
EOY311195EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY62092216BOY
EOY63249980EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY163583BOY
EOY155043EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY243299BOY
EOY260633EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY64215079BOY
EOY65047216EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY122588BOY
EOY149093EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY122588BOY
EOY149093EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY62841157BOY
EOY63718027EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY1251334BOY
EOY1180096EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY64092491BOY
EOY64898123EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY64215079BOY
EOY65047216EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2477380CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2104728CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2468115CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1960997CurrentTaxYearMinus1Year
Current Tax Year1347376CurrentTaxYear
Total10358596Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2477380CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2104728CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2468115CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1960997CurrentTaxYearMinus1Year
Current Tax Year1347376CurrentTaxYear
Total10358596Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total3758095AmountsSubstContributorsTotal
Public Support Total1706600501PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1624847CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1990177CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1854832CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1404332CurrentTaxYearMinus1Year
Current Tax Year1383289CurrentTaxYear
Total8257477Total
FieldValueIRS element (for citing)
Total Support18616073TotalSupport
Gross Receipts From Admissions Etc2318888GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.35460PublicSupportPertcentage170
Public Support Pertcent Prior Year0.36270PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Number Funds Held7NumberFundsHeld
Contrib To Funds And Other Accounts20000ContribToFundsAndOtherAccounts
Grants Funds And Other Accounts147695GrantsFundsAndOtherAccounts
Aggregate Fund Value3680547AggregateFundValue

Art Public Exhibition Amts ArtPublicExhibitionAmts

FieldValueIRS element (for citing)
Assets In Part X250000AssetsInPartX
FieldValueIRS element (for citing)
Solicited Assets For Sale0SolicitedAssetsForSale

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance3308492BeginningOfYearBalance
Contributions20000Contributions
Investment Earnings Or Losses89980InvestmentEarningsOrLosses
Grants Or Scholarships147695GrantsOrScholarships
End Of Year Balance3680547EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance3288492BeginningOfYearBalance
Contributions20000Contributions
Investment Earnings Or Losses-276560InvestmentEarningsOrLosses
Grants Or Scholarships196520GrantsOrScholarships
End Of Year Balance3718262EndOfYearBalance
FieldValueIRS element (for citing)
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis37544OtherCostOrOtherBasis
Book Value37544BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis44452OtherCostOrOtherBasis
Depreciation20801Depreciation
Book Value23651BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Investment Cost Or Other Basis250000InvestmentCostOrOtherBasis
Other Cost Or Other Basis0OtherCostOrOtherBasis
Depreciation0Depreciation
Book Value250000BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings311195TotalOfBookValueLandBuildings
Total Revenue5170739TotalRevenue
Total Expenses2639154TotalExpenses
Excess Or Deficit For Year2531585ExcessOrDeficitForYear
Net Unrealized GL On Investments-1725953NetUnrealizedGLOnInvestments
Total Adjustments-1725953TotalAdjustments
Excess Or Deficit Per FS805632ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt3339744TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-1725953NetUnrealizedGainsInvestments
Other Revenues-165140OtherRevenues
Revenue Not Rptd F990-1891093RevenueNotRptdF990
Revenue Subtotal5230837RevenueSubtotal
Other Revenues Not Included-60098OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt-60098RevenueNotRptdOnFinStmt
Total Revenue Per Form9905170739TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt2462874TotExpensesEtcAuditedFinclStmt
Other Expenses Included-11140OtherExpensesIncluded
Expenses Not Rptd F990-11140ExpensesNotRptdF990
Expenses Subtotal2474014ExpensesSubtotal
Investment Expenses Not Included2165140InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt165140ExpensesNotRptdOnFinStmt
Total Expenses Per Form9902639154TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifierExplanationExplanation
Part XII, Line 2d - Other Adjustments:INVESTMENT ADVISORY FEES: -165140.
Part XII, Line 4b - Other Adjustments:NET DECREASE IN TEMPORARILY RESTRICTED NET ASSETS: -71238. results of foreign exchange: 11140.
Part XIII, Line 2d - Other Adjustments:results of foreign echange: -11140.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained1GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionBELGIUMRegion
Number Of Offices1NumberOfOffices
Number Of Employees1NumberOfEmployees
Type Of Activities ConductedAdministration of the fellowship program, fundraising and logistic support for fellowsTypeOfActivitiesConducted
Total Expenditures141651TotalExpenditures
FieldValueIRS element (for citing)
Total Number Of Offices1TotalNumberOfOffices
Total Number Of Employees1TotalNumberOfEmployees
Total Amount Spent141651TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS

FieldValueIRS element (for citing)
RegionBELGIUMRegion
Purpose Of GrantSUPPORT FOR EXHIBITION REMEBERING KING ALBERT I REIGN DURING WORLD WAR I WHEN ORGANIZATION WAS FOUNDEDPurposeOfGrant
Amount Of Cash Grant7450AmountOfCashGrant

Grants To Ind Outside US GrantsToIndOutsideUS (2 entries)

Type Of AssistanceTypeOfAssistanceRegionRegionNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrantManner Of Cash DisbursementMannerOfCashDisbursement
FELLOWSHIPSBELGIUM8147807CHECKS
ALUMNI AWARDBELGIUM16134WIRE TRANSFER

Form990 Schedule F Part IV Form990ScheduleFPartIV (2 entries)

IdentifierIdentifierExplanationExplanation
Procedure for Monitoring Grants Outside the U.S.:Schedule F, Part I, Line 2: Organization maintains a branch office in Brussels, Belgium. The office is staffed with one paid employee, the organization's Program Manager. Full accounting for this branch office is maintained and included in this return at the monthly average conversion rate for euro to USD. Accounting of annual transactions and a budget for the next fiscal year is submitted to the Belgian Government as a part of the funding request for a grant from the Belgian goverment to the BAEF.
Method Used to Acccount for Expenditures:Schedule F, Part I, Line 3: Monthly reports of transactions are submitted to US office in New Haven, including copies of bank statements, payment vouchers and vendor invoices.. Transactions are converted to USD using monthly average conversion rate from EUR to USD.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained0RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantFELLOWSHIPSTypeOfGrant
Number Of Recipients61NumberOfRecipients
Amount Of Cash Grant20001568AmountOfCashGrant

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationshipDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
chevalier emile l boulpaep md
board and or committee member of donor organizationsboard member of hoover foundation brussels, hoover foundation louvain/leuven, francqui foundation and king baudoin foundation0
baron daniel janssen
board and or committee member of donor organizationsboard member of universitas ltd., hoover foundation brussels, Francqui foundation0
andre jacques
board and or committee member of donor organizationsboard member of universitas ltd and hoover foundation brussels0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifierExplanationExplanation
Form 990, Part VI, Section A, line 6at the annual meeting of the members a slate of names are presented to the members for postions on the board of directors for a term of 3 years. this slate is then voted on and approved by the members.
Form 990, Part VI, Section A, line 7aREPORTS OF ALL ACTIVITIES OF ORGANIZATION'S COMMITTEES ARE DISCLOSED AND APPROVED AT THE ANNUAL MEETING OF MEMBERS IN JANUARY
Form 990, Part VI, Section A, line 7bDECISIONS OF THE GOVERNING BODY, BAEF BOARD OF DIRECTORS ,ARE DISCLOSED OF AND APPROVED AT THE ANNUAL MEETING OF THE MEMBERS IN JANUARY.
Form 990, Part VI, Section B, line 11990 is reviewed and approved by president and chairman before filing.
Form 990, Part VI, Section B, line 12cthe board of directors meet four times annually at which time any matters affecting conflicts of interest are disclosed and discussed.
Form 990, Part VI, Section B, line 15aannual fiscal budget for period September-August is presented to the Board of Directors at their October meeting for approval.
Form 990, Part VI, Section C, line 18foundation center website
Form 990, Part VI, Section C, line 19upon request

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