2014-11-17T17:08:26-06:00 2013-12-31 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE SUITE 4000 INDIANAPOLIS IN 46204 990 2013-01-01 680551183 IB Fund US Inc % TOBY POULSON IBFU 3012023000 7501 Wisconsin Avenue Suite 200 West Bethesda MD 20814 TOBY POULSON FINANCE DIRECTOR 2014-11-14 ANGELA M MOORE P00244342 2013 2015-11-30 17:44:51Z Datla Siva Kumari Churchillplein 6 The Hague NL 2517 JW 324504 false X www.ibo.org 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. 5 0 0 0 0 678433 324282 0 0 1594 222 0 0 680027 324504 341981 156371 0 0 0 0 0 0 0 668687 381166 1010668 537537 -330641 -213033 1097102 557599 341900 27430 755202 530169 X 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 TO PROMOTE EFFORTS TO PROVIDE GREATER ACCESS TO IB EDUCATION WORLDWIDE. false false 233031 75137 0 THE IB REMAINS ONE OF THE MOST IMPACTFUL SYSTEM AVAILABLE TO HIGH NEEDS STUDENTS. HOWEVER, TO MAKE A SUBSTANTIAL IMPACT ON INCREASING HIGH-NEEDS ACCESS WITHIN THE DIPLOMA PROGRAMME (DP), THE IB NEEDS TO STRENGTHEN AND INCREASE ITS SUPPORT TO SCHOOLS AND DISTRICTS. THE AIM OF THIS PROGRAM IS TO DEVELOP RESOURCES AND SUPPORT SERVICES TO PREPARE A GREATER NUMBER OF STUDENTS IN GRADES 9 AND 10 FOR SUCCESS IN THE DP. 128451 0 0 FUNDS WERE RECEIVED TO SUPPORT THE IMPLEMENTATION OF TRAINING TEACHERS IN KAZAKHSTAN. 83655 0 0 FUNDS WERE RECEIVED TO SUPPORT THE IMPLEMENTATION OF TRAINING TEACHERS IN SOUTH AFRICA. 92400 81234 0 537537 true true false false false false false false false false false false false false true false true false false false true true true false false false false true true 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 X 5 0 false false false false false false false true false false false false false false false false false false CA GA MD NY VA X TOBY POULSON 3012023000 600 N Bridge Rd 21-01 Parkview Sq Singapore SN 188778 Jeffrey Beard Board Chair 1.0 40.0 X 0 370257 157148 Daniel Benham Board Member 1.0 40.0 X 0 273229 127435 Carlyne Cardichon Board Member (UNTIL 1/13) 1.0 40.0 X 0 26945 3535 DATLA Siva Kumari Board Member 1.0 40.0 X 0 298713 28986 Drew Deutsch Board Member 1.0 40.0 X 0 284522 43565 Stephen Magowan BOARD MEMBER (FROM 1/13) 1.0 40.0 X 0 145447 64660 0 1399113 425329 0 false true false NONE 0 324282 324282 0 222 222 0 0 0 0 0 0 0 0 0 0 324504 222 X 54339 54339 5656 5656 96376 96376 0 0 0 0 0 0 0 0 0 0 0 0 0 78561 78561 0 170 170 0 0 0 0 0 54928 54928 0 5469 5469 0 0 0 0 PROGRAM COORDINATION 242038 242038 537537 537537 0 0 0 317913 1093598 233129 3504 6557 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1097102 557599 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 341900 27430 341900 27430 X 31833 2654 723369 527515 0 0 755202 530169 1097102 557599 X -213033 238011 -250011 X false true X true false X X X false false false INTERNATIONAL BACCALAUREATE ORGANIZATION 300388800 09 true 398409 1 398409 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTIES 27430 27430 562515 238011 238011 324504 324504 775548 238011 238011 537537 537537 true North America Grantmaking Education 28619 Europe (Including Iceland and Greenland) Grantmaking Education 52101 East Asia and the Pacific Grantmaking Education 15656 North America Program Services Education -13877 Europe (Including Iceland and Greenland) Program Services Education 4246 Sub-Saharan Africa Program Services Education 83655 Russia and the Newly Independent States Program Services Education 128451 298851 298851 North America Education 22903 Europe (Including Iceland and Greenland) EDUCATION 48331 East Asia and the Pacific Education 10000 3 SCHOLARSHIPS North America 3 5716 WIRE FMV SCHOLARSHIPS East Asia and the Pacific 3 5656 WIRE FMV SCHOLARSHIPS Europe (Including Iceland and Greenland) 2 3770 WIRE FMV false false false false false false Organization's Procedures for Monitoring Use of Grant Funds Outside the US Form 990, Schedule F, Part I, LINE 2 WHEN THE IB FUND US, INC. ("IBFUS") GIVES A GRANT TO A GRANTEE OUTSIDE THE US ("THE GRANTEE"), IBFUS HAS TO FOLLOW IBFUS'S GRANT MAKING POLICY AND FILL IN IBFUS'S GRANT CHECKLIST. IN ADDITION, THE IBFUS'S STANDARD GRANT AGREEMENT BETWEEN IBFUS AND THE GRANTEE REQUIRES THE GRANTEE TO PROVIDE THE FOLLOWING TO THE IBFUS'S PROJECT MANAGER WHO MONITORS THAT THE FUNDS ARE USED AS SPECIFIED IN THE AGREEMENT: -FINANCIAL AND NARRATIVE REPORTS ON THE MANNER IN WHICH THE GRANT MONEY HAS BEEN SPENT, MENTIONING THE PROGRESS MADE IN ACCOMPLISHING THE PURPOSE OF THE GRANT (MONTHLY, QUARTERLY, OR ANY OTHER TIMELINES). -REASONABLE ACCESS TO FILES, RECORDS AND STAFF TO CONDUCT FINANCIAL AUDITS, ETC. ON A REGULAR BASIS, PROJECT STATUS REPORTS ARE PROVIDED TO THE IBFUS'S FIDUCIARY OVERSIGHT GROUP (" FOG") WHICH ISSUES A REPORT TO THE IBFUS BOARD STATING THAT DUE DILIGENCE IS CARRIED OUT, INCLUDING THAT THE GRANTS GIVEN BY IBFUS ARE USED IN COMPLIANCE WITH IBFUS'S REQUIREMENTS. true Teachers College Columbia University 525 West 120th Street NEW YORK NY 10027 131624202 501(C)(3) 54339 EDUCATION 1 Description of Organization's Procedures for Monitoring the Use of Grants Form 990, Schedule I, Part I, Line 2 WHEN THE IB FUND US, INC. ("IBFUS") GIVES A GRANT TO AN EXTERNAL GRANTEE ("THE GRANTEE"), IBFUS HAS TO FOLLOW IBFUS'S GRANT MAKING POLICY AND FILL IN IBFUS'S GRANT CHECKLIST. IN ADDITION, THE IBFUS'S STANDARD GRANT AGREEMENT BETWEEN IBFUS AND THE GRANTEE REQUIRES THE GRANTEE TO PROVIDE THE FOLLOWING TO THE IBFUS'S PROJECT MANAGER WHO MONITORS THAT THE FUNDS ARE USED AS SPECIFIED IN THE AGREEMENT: -FINANCIAL AND NARRATIVE REPORTS ON THE MANNER IN WHICH THE GRANT MONEY HAS BEEN SPENT, MENTIONING THE PROGRESS MADE IN ACCOMPLISHING THE PURPOSE OF THE GRANT (MONTHLY, QUARTERLY, OR ANY OTHER TIMELINES). -REASONABLE ACCESS TO FILES, RECORDS AND STAFF TO CONDUCT FINANCIAL AUDITS, ETC. ON A REGULAR BASIS, PROJECT STATUS REPORTS ARE PROVIDED TO THE IBFUS'S FIDUCIARY OVERSIGHT GROUP ("FOG") WHICH ISSUES A REPORT TO THE IBFUS BOARD STATING THAT DUE DILIGENCE IS CARRIED OUT, INCLUDING THAT THE GRANTS GIVEN BY IBFUS ARE USED IN COMPLIANCE WITH IBFUS'S REQUIREMENTS. false false false false false false false false false Jeffrey Beard Board Chair 0 259215 0 8795 0 102247 0 0 0 157148 0 527405 0 0 Daniel Benham Board Member 0 265279 0 7950 0 0 0 26528 0 100907 0 400664 0 0 DATLA Siva Kumari Board Member 0 226840 0 13000 0 58873 0 22684 0 6302 0 327699 0 0 Drew Deutsch Board Member 0 235500 0 6000 0 43022 0 28232 0 15333 0 328087 0 0 Stephen Magowan BOARD MEMBER (FROM 1/13) 0 140112 0 5335 0 0 0 9540 0 55120 0 210107 0 0 OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D The IB Fund US, Inc. ("IBFUS") also has programs that cover costs to support the training of teachers in Mexico ($2,931) and Astraza/Czech Republic ($4,246); cover costs to support students in Argentina ($2,325); cover costs to support a school in Hong Kong ($10,000); support the IB Communications Plan ($40,000); and support other program-related activities ($32,898). COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF GOVERNING BODY FORM 990, PART VI, QUESTION 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Describe the Process used by Management &/or Governing Body to Review 990 FORM 990, PART VI, QUESTION 11B 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. A DRAFT OF THE FORM 990 IS CIRCULATED TO THE IB FUND US, INC.'S VOTING BOARD MEMBERS FOR REVIEW BEFORE IT IS FILED WITH THE IRS. PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST FORM 990, PART VI, QUESTIONS 12A & 12C THE WRITTEN CONFLICT OF INTEREST POLICY FOR IB FUND US, INC. (IBFUS) IS BEING DEVELOPED. HOWEVER, 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 AT 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. WHISTLEBLOWER POLICY FORM 990, PART VI, QUESTION 13 THE WRITTEN WHISTLEBLOWER POLICY FOR IBFUS IS BEING DEVELOPED. HOWEVER, THE IBFUS BROADLY FOLLOWS THE INTERNATIONAL BACCALAUREATE ORGANIZATION'S WRITTEN WHISTLEBLOWER POLICY. AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY, & FIN STMTS TO GEN PUBLIC FORM 990, PART VI, QUESTION 19 FINANCIAL STATEMENTS: IBFUS MAILS OUT ITS ANNUAL REVIEW TO ALL IB WORLD SCHOOLS AND TO ALL IB DONORS AS WELL AS POSTS THE FINANCIAL STATEMENTS ON THE IB WEBSITE, HTTP://WWW.IBO.ORG/FACTS/ANNUALREVIEW/INDEX.CFM. THE CONFLICT OF INTEREST POLICY IN WHICH IBFUS FOLLOWS IS MADE AVAILABLE ON THE IB WEBSITE. HOWEVER, THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 DONATED SERVICES EXPENSES - ($238,011) ADJUSTMENT TO BEG. UNRESTRICTED FUND BALANCE - ($12,000) TOTAL - ($250,011) FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING SERVICES TOTAL FEES:78561 International Baccalaureate Organization Route des Morillons 15 Grand-Saconnex Geneva SZ CH-1218 300388800 Education SZ 501(c)(3) 9 NA false false true false false false false false false false false false false true true true false false false false