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        <Description1Txt>EXECUTIVE EDUCATION PROGRAMS:GENERAL MANAGEMENT PROGRAMS OF SEVERAL DAYS OR WEEKS ARE OFFERED TO CORPORATE EXECUTIVES BY IESE BUSINESS SCHOOL, WITH SUPPORTING OPERATIONS FOR THESE U.S. PROGRAMS BEING ACCOMPLISHED BY IESE USA, INC. FOUR WEEKS OF PROGRAMS WERE HELD JOINTLY WITH THE MIT SLOAN SCHOOL OF BUSINESS FOR ATTENDEES AND ALUMNI OF THE GLOBAL CEO PROGRAM, AND THREE WEEKS OF PROGRAMS WERE COMPLETED FOR A SENIOR EXECUTIVE PROGRAM IN PARTNERSHIP WITH NYUS STERN SCHOOL OF BUSINESS. 107 EXECUTIVES ATTENDED THESE PROGRAMS.11 CUSTOM EXECUTIVE EDUCATION PROGRAMS WERE HELD IN PERSON, AND 6 ONLINE FOR 12 DIFFERENT CLIENTS INCLUDING THREE FORTUNE 500 COMPANIES, A CONSORTIUM OF MEDIA COMPANIES AND THE UNITED NATIONS. COMPANIES INCLUDED A MANUFACTURER OF AUDIO EQUIPMENT, AN INSURER, A HOSPITALITY COMPANY, A LOGISTICS COMPANY AND OTHERS. TYPICAL PROGRAMS ARE FOR 30-50 SENIOR PERSONNEL.IN ADDITION TO STAND-ALONE U.S. PROGRAMS, IESE USA SUPPORTS BRINGING MODULES OF IESE'S BARCELONA AND MADRID-BASE</Description1Txt>
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        <Description2Txt>INSTITUTIONAL DEVELOPMENT AND OUTREACH:During the reporting period, IESE Business School faculty continued developing a broad array of teaching materialsincluding cases, technical notes, and articlesfor use in the MBA, executive education, and custom programs. New York campus faculty research produced articles submitted to peer-reviewed journals: one on "Risky Decoupling," illustrated by the Boeing plane disasters (submitted to Organization Studies); a second on evolution of societies viewed through institutional logics (submitted to the Academy of Management Review); and a third on the mission of universities using frameworks of corporate purpose. The faculty also advanced preparations for a major conference on societal polarization, scheduled for next year. The funding helped support faculty work, including partial coverage of a professors salary.NINE FACULTY-LED SEMINARS FOR ALUMNI AND GUESTS WERE HELD FOR APPROXIMATELY 250 TOTAL ATTENDEES. CURRENT ACADEMIC WORK WAS PRESENTED AND AL</Description2Txt>
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        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
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        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
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        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
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        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
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        <ContributorBusinessName>
          <BusinessNameLine1Txt>IESE Foundation Inc</BusinessNameLine1Txt>
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        <AdjustedNetIncomeAmt>1485846</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>25000</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>280066</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>277960</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2106</DisbursementsCharitablePrpsAmt>
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        <AdjustedNetIncomeAmt>94907</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>14366</DisbursementsCharitablePrpsAmt>
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        <Desc>office expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>27146</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>22694</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>4452</DisbursementsCharitablePrpsAmt>
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        <RevenueAndExpensesPerBooksAmt>155525</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>149993</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5532</DisbursementsCharitablePrpsAmt>
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        <RevenueAndExpensesPerBooksAmt>24449</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>21348</AdjustedNetIncomeAmt>
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        <RevenueAndExpensesPerBooksAmt>115007</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>99492</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>15515</DisbursementsCharitablePrpsAmt>
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