2024-05-14T14:15:30+00:00 2023-06-30 346565596 ERNST & YOUNG US LLP ONE MANHATTAN WEST NEW YORK NY 100018604 990 2022-07-01 680551183 IB FUND US INC IBFU 3012023000 3950 WISCONSIN AVE NW WASHINGTON DC 20016 MARCO DONDI CFO 3012023000 2024-05-14 true MARCO DONDI 999009999 Yucen Zhong P01593150 2127733000 2024-05-14 2022 2023-04-26 12:10:37Z MARCO DONDI 600 N BRIDGE RD PARKVIEW SQ SN 188778 5800 false X N/A X 2003 NY THE MOST SIGNIFICANT ACTIVITIES OF THE IB FUND US, INC. ARE TO SECURE FUNDS AND SUPPORT EDUCATIONAL ACTIVITIES OF THE INTERNATIONAL BACCALAUREATE (IB) ORGANIZATION. 2 0 0 0 0 0 10800 5800 0 0 0 0 0 0 10800 5800 1428 2856 0 0 0 0 0 0 0 10000 5000 11428 7856 -628 -2056 221395 223956 268 0 221127 223956 THE MOST SIGNIFICANT ACTIVITIES OF THE IB FUND US, INC. ARE TO SECURE FUNDS AND SUPPORT EDUCATIONAL ACTIVITIES OF THE INTERNATIONAL BACCALAUREATE (IB) ORGANIZATION AND PROMOTE EFFORTS TO PROVIDE GREATER ACCESS TO IB EDUCATION WORLDWIDE. false false 2856 2856 0 THE ARGENTINE STUDENT FUND PROVIDES SCHOLARSHIPS FOR STUDENTS TOWARDS THE COST OF THEIR EXAM FEES. SCHOLARSHIP PAYMENTS ARE MADE TO THE SCHOOL OF THE STUDENT IN THE FORM OF A CREDIT ON THEIR SCHOOL ACCOUNT. 2856 true true 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 true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 2 0 false false false false false false false true false false false false false true false false false false CA GA MD NY VA X MARCO DONDI 6565795460 600 N BRIDGE RD 21-01 PAKVIEW SQ SINGAPORE SN 188778 THAIMUR CHANGEZI PRINCIPAL OFFICER/BOARD MEMBER (END 12/22) 1.0 40.0 X X 0 520947 19097 MATT COSTELLO BOARD MEMBER 1.0 40.0 X 0 372421 24400 NICOLE BIEN BOARD MEMBER 1.0 40.0 X 0 303690 21797 0 1197058 65294 0 false true false 0 5000 800 5800 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5800 0 0 0 2856 2856 5000 5000 0 0 0 0 0 0 0 0 7856 2856 5000 0 221395 223956 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 0 0 0 221395 223956 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 268 0 268 0 X 86134 91819 134993 132137 221127 223956 221395 223956 -2056 4885 0 X false true X true false X X 1 INTERNATIONAL BACCALAUREATE ORGANIZATION 300388800 9 true 2856 0 1 2856 0 true false false true false false false false false false false false false false false false false false Schedule A, Part IV, Section C, Line 1 Majority director detail ALL OF THE DIRECTORS OF THE ORGANIZATION ARE PART OF THE SENIOR LEADERSHIP TEAM OF THE SUPPORTED ORGANIZATION, IBO. THE DIRECTORS OF IB FUND US INC INCLUDE THE CHIEF BUSINESS OFFICER, CHIEF SCHOOLS OFFICER, THE CHIEF FINANCE & BUSINESS OFFICER AND THE DEPUTY DIRECTOR GENERAL OF THE IBO. ALL OFFICERS/DIRECTORS OF IB FUND ARE EMPLOYEES OF THE IBO. ONLY MEMBERS OF IBO'S SENIOR LEADERSHIP TEAM ("SLT") AND THE FINANCE DIRECTOR DIRECTLY REPORTING TO THE SLT HAVE BEEN/ARE OFFICERS/DIRECTORS OF THE FUND. THEIR ROLE IN IB FUND IS SIMILAR TO THEIR ROLE IN THE IBO. IN THIS WAY IT IS ENSURED THAT IB FUND ACTS IN THE BEST INTEREST OF THE IBO. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true false false false false false false false false THAIMUR CHANGEZI PRINCIPAL OFFICER/BOARD MEMBER (END 12/22) 0 289472 0 111466 0 120009 0 15205 0 3892 0 540044 0 0 MATT COSTELLO BOARD MEMBER 0 332970 0 34437 0 5014 0 24400 0 0 0 396821 0 0 NICOLE BIEN BOARD MEMBER 0 267581 0 31233 0 4876 0 21797 0 0 0 325487 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment THAIMUR CHANGEZI RECEIVED $114,092 IN SEVERANCE PAYMENTS DURING THE YEAR. Schedule J, Part I, Line 3 PROCESS ESTABLISHED TO DETERMINE PRINCIPAL OFFICER'S COMPENSATION THE GOVERNANCE AND ORGANIZATION COMMITTEE OF THE RELATED ORGANIZAITON, INTERNATIONAL BACCALAUREATE ORGANIZATION, USES BENCHMARKING DATA, REVIEWS INFORMATION FROM INDEPENDENT CONSULTANTS AND CONSULTS WITH AN EXTERNAL EXPERT WHO SITS ON THE GOVERNANCE AND ORGANIZATION COMMITTEE. THEN, THE DIRECTOR GENERAL, WITH DELEGATED AUTHORITY BY AND IN COLLABORATION WITH THE GOVERNANCE AND ORGANIZATION COMMITTEE, DECIDES THE SALARIES OF THE TOP MANAGEMENT OFFICIAL. THESE DECISIONS ARE ALSO DOCUMENTED. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body DOCUMENTATION OF MEETINGS OF COMMITTEES THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Line 11b Review of form 990 by governing body PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990 THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT TAX ACCOUNTANT, ERNST & YOUNG, LLP. THE 990 IS THEN REVIEWED AND SIGNED OFF BY THE INTERNATIONAL BACCALAUREATE ORGANIZATION'S MANAGEMENT. Form 990, Part VI, Line 19 Required documents available to the public AVAILABILITY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE GENERAL PUBLIC IB FUND US, INC. MAKES ITS FINANCIAL REPORT AVAILABLE TO THE GENERAL PUBLIC BY MAILING IT TO IB WORLD SCHOOLS AND TO ALL DONORS, AND BY INCLUDING ON THE INTERNATIONAL BACCALAUREATE'S WEBSITE. THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE ON THE IB WEBSITE. HOWEVER, THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC ONLY UPON REQUEST. FORM 990, PART VI, LINE 12A & 12C PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST THE IBFUS BROADLY FOLLOWS THE INTERNATIONAL BACCALAUREATE ORGANIZATION'S (IBO'S) CONFLICT OF INTEREST POLICY AS LAID OUT HERE: EACH OFFICIAL IDENTIFIED BY LAW AS A POLICY MAKER OR ADVISOR TO IBFUS MUST DISCLOSE ANY AND ALL FACTS THAT MAY BE CONSTRUED AS A CONFLICT OF INTEREST. THE BOARD WILL DETERMINE WHETHER OR NOT A CONFLICT OF INTEREST EXISTS, AND WHETHER OR NOT SUCH CONFLICT MATERIALLY AND ADVERSELY AFFECTS THE INTERESTS OF IBFUS. A DIRECTOR WHOSE POTENTIAL CONFLICT IS UNDER REVIEW MAY NOT DEBATE, VOTE, OR OTHERWISE PARTICIPATE IN SUCH DETERMINATION. IF THE BOARD DETERMINES THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST DOES EXIST, THE BOARD SHOULD ALSO DETERMINE AN APPROPRIATE REMEDY. SUCH REMEDY MAY INCLUDE, FOR EXAMPLE, THE RECUSAL OF THE CONFLICTED COVERED OFFICIAL FROM PARTICIPATING IN CERTAIN MATTERS PENDING BEFORE THE BOARD. IN ADDITION, THE BOARD MAY DELEGATE ITS AUTHORITY TO REVIEW AND REMEDY POTENTIAL CONFLICTS OF INTEREST TO THE IB SENIOR LEADERSHIP TEAM ('SLT'). ONLY DISINTERESTED MEMBERS OF THE SLT MAY PARTICIPATE IN ANY SUCH REVIEW. THE SLT SHALL INFORM THE BOARD OF ITS DETERMINATION AND RECOMMENDED ACTION. INTERNATIONAL BACCALAUREATE ORGANIZATION ROUTE DES MORILLONS 15 GRANDSACONNEX GENEVA SZ 300388800 EDUCATION SZ 501(c)(3) 10 NA false INTERNATIONAL BACCALAUREATE ORG (UK) LTD PETERSON HOUSE MALTHOUSE AVE CARDIFF WALES UK CF238GL SUPPORT IBO UK IBO false INTERNATIONAL BACCALAUREATE FUND UK PETERSON HOUSE MALTHOUSE AVE CARDIFF WALES UK CF238GL SUPPORT IBO UK IBO false INTERNATIONAL BACCALAUREATE FUND CANADA 7501 WISCONSIN AVENUE 200 WES BETHESDA MD CA 20814 SUPPORT IBO CA IBO false false false true false false false false false false false false false false true true true false false false