Iese Foundation Inc.
Iese Foundation Inc.
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About this organization
Revenue
$117,314
Expenses
$163,196
Mission
IESE Foundation, Inc's primary purposes are to support research, the dissemination of information, education and training, all related to business and management and to economics, sociology, psychology and other disciplines in so far as they relate to business and management. It will achieve its goals through grants to support the development and activities of other not-for-profit entities in so far as their programs and activities contribute to the achievement of the Corporation's purposes.
About
A grant of $149,000 was made to IESE USA, Inc which operates the facilities in New York City used by IESE Business School to conduct management education courses and to carry out research. The unrestricted grant was in support of operations of IESE USA, Inc including costs associated with renting and operating a facility and running educational programs. Remaining expenses for the year were management and general.
Interesting data from their 2019 990 filing
The filing outlines the non-profit's goal as “Iese foundation, inc's primary purposes are to support research, the dissemination of information, education and training, all related to business and management and to economics, sociology, psychology and other disciplines in so far as they relate to business and management. it will achieve its goals through grants to support the development and activities of other not-for-profit entities in so far as their programs and activities contribute to the achievement of the corporation's purposes.”.
When explaining its purpose, the activities were outlined as: “Iese foundation, inc's primary purposes are to support research, the dissemination of information, education and training, all related to business and management and to economics, sociology, psychology and other disciplines in so far as they relate to business and management. it will achieve its goals through grants to support the development and activities of other not-for-profit entities in so far as their programs and activities contribute to the achievement of the corporation's purposes.”.
- As per legal reporting requirements, the state of operation for the non-profit is NY.
- As per the non-profit's form, they have 0 employees as of 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$45,882.
- The CEO's compensation policy within the organization is not established through a review and approval from a neutral party.
- The organization has 6 independent voting members.
- The organization was formed in 2007.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has grants to organizations.