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FUNDS FOR THE TERM ENDOWMENT ARE EXPENDIBLE FOR EDUCATIONAL PROGRAMS ONCE FUND REACHES $1.5 MILLION. ALSO CERTAIN FUNDS ARE RESTRICTED FOR PROVIDING ASSISTANCE TO THOSE IN AFGHANISTAN IMPACTED BY THE UNREST. SCHEDULE D, PART X, LINE 2: The Foundation is exempt from federal income taxes under the provisions of 501(c)(3) of the Internal Revenue Code. The Internal Revenue Service has determined that the Foundation is not a private foundation as defined by 509(a)(1) of the Code. The Foundation annually evaluates all federal and state income tax positions. This process includes an analysis of whether the income tax positions the Foundation takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Foundation is subject to examination by the federal and state taxing authorities. In general, the Foundation is no longer subject to tax examinations for tax years ending before December 31, 2020. true Russia and the Newly Independent States 0 0 Program Services education 50389 South Asia 0 0 Program Services EDUCATION 15700 Middle East and North Africa 0 0 Program Services EDUCATION 170 0 0 0 0 66259 66259 Russia and the Newly Independent States PROGRAM SERVICES 50389 WIRE 1 AFGHAN PROJECT South Asia 15700 WIRE false false false false false false Schedule F, Part I, Line 1 Funds are for expenses related to leadership programs. SIBF (related organization) executive director reviews and approves invoices and documentation for expenditures. Grants for such expenditures have been approved by the GNF board subject to sufficient fund balances in GNF. true SOCIETY OF INTERNATIONAL BUSINESS FELLOWS 3100 Interstate North Circle SE sui ATLANTA GA 30339 581560888 501(C)6 634214 EDUCATIONAL PROGRAMS Infinitus Salvator 13010 Morris Road Suite 650 Alpharetta GA 30004 873873285 501(c)3 347333 Program Services 2 VARIOUS 3 20700 SCHEDULE I, PART II, LINE 1: GRANTS ARE PROVIDED TO THE SOCIETY OF INTERNATIONAL BUSINESS FELLOWS (RELATED ORGANIZATION) TO IMPLEMENT THEIR PROGRAMS EDUCATIONAL LEADERSHIP DEVELOPMENT INCLUDING THE SUMMIT PROGRAM, THE CAMBRIDGE PROGRAM AND THE SOUTHEAST ASIA LEADERSHIP ACADEMY. false false false false false false false false false NANCY HASELDEN EXECUTIVE DIRECTOR 135000 25000 5400 12999 178399 X 2 53944 FMV X Auction Items 11 1670 FMV false false true PART I COLUMN B THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B ALL STOCK CONTRIBUTIONS ARE SOLD IMMEDIATELY UPON RECEIPT THROUGH VANGUARD WHERE STOCK GIFTS ARE RECEIVED. FORM 990, PART III, LINE 4D: PROGRAM #4 OTHER SCHOLARSHIP: A SMALL GRANT FOR EDUCATION OR HEALTH MATTERS. FORM 990, PART VI, SECTION A, LINE 3: THE ORGANIZATION DELEGATES CONTROL OF CERTAIN MANAGEMENT DUTIES TO THE RELATED ORGANIZATION, SOCIETY OF INTERNATIONAL BUSINESS FELLOWS, INCLUDING RECORDKEEPING, FINANCIAL OPERATIONS, AND SUPERVISION OF THE ORGANIZATION'S EXEMPT OPERATIONS. NO INDIVIDUALS WERE DIRECTLY COMPENSATED BY THE RELATED ORGANIZATION IN EXCHANGE FOR THESE MANAGMENT DUTIES. FORM 990, PART VI, SECTION B, LINE 11: A COPY OF THE RETURN WAS PROVIDED TO THE FULL BOARD BEFORE THE TIME OF FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12A: THE ORGANIZATION PROVIDES THE CONFLICT OF INTEREST EACH YEAR FOR THE BOARD. ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE POLICY EACH YEAR. IF A CONFLICT ARISES, THE MEMBER WITH THE CONFLICT IS REQUIRED TO DISCLOSE SUCH CONFLICT TO THE BOARD. THE BOARD MEMBERS WITHOUT A CONFLICT ARE INVOLVED IN THE DECISION TO DETERMINE THE BEST COURSE OF ACTION THE ORGANIZATION WILL FOLLOW. FORM 990, PART VI, SECTION B, LINE 15: THE FOUNDATION DOES NOT HAVE ANY EMPLOYEES AND DOES NOT PAY ANY COMPENSATION. COMPENSATION TO THE EXECUTIVE DIRECTOR IS PAID BY AN AFFILIATED ENTITY. FORM 990, PART VI, SECTION C, LINE 19: REQUESTS FOR GOVERNING DOCUMENTS AND FINANCIAL INFORMATION SHOULD BE DIRECTED TO THE ORGANIZATION'S OFFICE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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