Nonprofit · EIN 26-1822489
IESE FOUNDATION INC
Tax-exempt · NEW YORK, NY 10019
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $254,098 | $314,548 | -$60,450 | $34,846 | $0 | $34,846 |
| August 31, 2024 | 990 | $303,074 | $223,371 | $79,703 | $105,928 | $10,632 | $95,296 |
| August 31, 2023 | 990 | $283,616 | $276,591 | $7,025 | $18,530 | $2,937 | $15,593 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $252,350
- Program service revenue
- $0
- Investment income
- $1,748
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $301,925
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $9,807
- Program services (functional)
- $301,925
- Management and general (functional)
- $12,623
Balance sheet and other
- Total assets, start of year
- $105,928
- Total assets, end of year
- $34,846
- Total liabilities, end of year
- $0
- Net assets, end of year
- $34,846
- Net assets without donor restrictions
- $34,846
- Gross receipts
- $254,098
- Employees
- 0
- Year formed
- 2007
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jordi Canals | Trustee/Pres Trustee or director, Officer | 1 | $0 |
| Jamie Alonso | Trustee/Secy Trustee or director, Officer | 1 | $0 |
| Rose Cosio | Trustee Trustee or director | 1 | $0 |
| Eric Weber | Trustee/VP Trustee or director, Officer | 1 | $0 |
| Claire Huang | Trustee Trustee or director | 1 | $0 |
| William Layton | Trustee Trustee or director | 1 | $0 |
| Paul Gallagher | Treasurer Officer | 1 | $0 |
990 for the year ended August 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jordi Canals | Trustee/Pres Trustee or director, Officer | 1 | $0 |
| Jamie Alonso | Trustee/Secy Trustee or director, Officer | 1 | $0 |
| Rose Cosio | Trustee Trustee or director | 1 | $0 |
| Eric Weber | Trustee/VP Trustee or director, Officer | 1 | $0 |
| Claire Huang | Trustee Trustee or director | 1 | $0 |
| William Layton | Trustee Trustee or director | 1 | $0 |
| Paul Gallagher | Treasurer Officer | 1 | $0 |
990 for the year ended August 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jordi Canals | Trustee/Pres Trustee or director, Officer | 1 | $0 |
| Jamie Alonso | Trustee/Secy Trustee or director, Officer | 1 | $0 |
| Rose Cosio | Trustee Trustee or director | 1 | $0 |
| Eric Weber | Trustee/VP Trustee or director, Officer | 1 | $0 |
| Claire Huang | Trustee Trustee or director | 1 | $0 |
| William Layton | Trustee Trustee or director | 0 | $0 |
| Paul Gallagher | Treasurer Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 165 W 57TH ST, NEW YORK, NY 10019-2201
- Mailing address (990-N for 2008)
- 165 W 57th Street, New York NY 10019
- Principal officer (990-N for 2008)
- Paul Gallagher, 165 W 57th Street, New York NY 10019
- Signed the 990
- Paul Gallagher, Treasurer
- Phone
- (646) 346-8850
- Return prepared by
- Sosin & Kriegel LLP
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.
Program accomplishments
- A GRANT OF $60,675 WAS MADE TO IESE USA, INC WHICH OPERATES THE FACILITIES IN NEWYORK 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.A GRANT OF $200,000 WAS MADE TO FUNDACION INTERNACIONAL IESE WHICH HOLDS THE IESE ENDOWMENT. THIS ENDOWMENT SUPPORTS THE ACTIVITIES OF IESE BUSINESS SCHOOL WHICH HAS ITS MAIN CAMPUS IN BARCELONA, SPAIN. THE GRANT IS FOR THE ENDOWMENT SUBFUND NAMED THE STANLEY A. MOTTA SCHOLARHIP FUND WHICH SUPPORTS SCHOLARSHIPS FOR IESES MBA PROGRAM FOR STUDENTS FROM LATIN AMERICA. A SECOND GRANT TO THE SAME IESE ENDOWMENT IN THE AMOUNT OF $41,250 WAS MADE TO THE DEANS FUND.Expenses $301,925 · grants $301,925
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 26-1822489
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B19)
- Assets (IRS master file)
- $34,846
- Income (IRS master file)
- $254,098
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $254,098 | $314,548 | $34,846 | XML |
| 990 | August 2024 | $303,074 | $223,371 | $105,928 | IRS |
| 990 | August 2023 | $283,616 | $276,591 | $18,530 | XML |
| 990 | August 2022 | $112,905 | $118,472 | $8,568 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
| 990-N for 2008 Officer: Paul Gallagher | September 30, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1822489).
Questions about IESE FOUNDATION INC
- What is the EIN of IESE FOUNDATION INC?
- The employer identification number (EIN) of IESE FOUNDATION INC is 26-1822489.
- Is IESE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to IESE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IESE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IESE FOUNDATION INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IESE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of IESE FOUNDATION INC?
- The 990-N for 2008 names Paul Gallagher.
- Who are the officers and directors of IESE FOUNDATION INC?
- The 990 for the year ended August 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does IESE FOUNDATION INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $254,098, expenses of $314,548 and total assets of $34,846 at year end.
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