2023-11-09T14:16:15-06:00 2022-12-31 420714325 RSM US LLP 1250 H STREET SUITE 700 WASHINGTON DC 20005 990 2022-01-01 263041520 FUND FOR EDUCATION ABROAD FUND 2023497340 1155 CONNECTICUT AVE NW 300 WASHINGTON DC 20036 ANGELA SCHAFFER EXECUTIVE DIRECTOR 2023497340 2023-11-09 1 ANGELA SCHAFFER 999009999 0 ELIZABETH W HELLER P00397829 2022932200 2023-11-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANGELA SCHAFFER 1155 CONNECTICUT AVE NW 300 WASHINGTON DC 20036 693711 0 X WWW.FUNDFOREDUCATIONABROAD.ORG X 2008 DC TO PROVIDE STUDY ABROAD SCHOLARSHIPS AND ONGOING SUPPORT TO U.S. COLLEGE STUDENTS. 20 20 0 200 0 0 488131 643326 0 0 64463 23779 4255 -39006 556849 628099 328173 611834 0 0 9592 43452 28750 0 45583 126382 199159 492897 854445 63952 -226346 2611467 1884977 224483 160371 2386984 1724606 X THE MISSION OF THE FUND FOR EDUCATION ABROAD (FEA) IS TO PROVIDE SCHOLARSHIPS AND ONGOING SUPPORT TO STUDENTS WITH FINANCIAL NEED WHO ARE UNDERREPRESENTED AMONG THE U.S. STUDY-ABROAD POPULATION. FEA MAKES LIFE-CHANGING, INTERNATIONAL EXPERIENCES ACCESSIBLE TO ALL BY SUPPORTING STUDENTS OF COLOR, COMMUNITY COLLEGE, AND FIRST-GENERATION COLLEGE STUDENTS BEFORE, DURING, AND AFTER THEY PARTICIPATE IN EDUCATION ABROAD PROGRAMS. 0 0 676867 611834 PROVIDING OPPORTUNITIES FOR COLLEGE STUDENTS TO PARTICIPATE IN HIGH-QUALITY, RIGOROUS EDUCATION ABROAD PROGRAMS BY REDUCING FINANCIAL RESTRICTIONS THROUGH THE PROVISION OF GRANTS AND SCHOLARSHIPS. 159 SCHOLARSHIPS WERE AWARDED TO RECIPIENTS SELECTED THROUGH AN INDEPENDENT VOLUNTEER REVIEW PROCESS DURING 2022. 676867 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 64 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X X ANGELA SCHAFFER 2023497340 1155 CONNECTICUT AVE NW 300 WASHINGTON DC 20036 X MARK LENHART CET EXEC DIR CHAIRMAN 5.00 40.00 X X 0 0 0 AMAR REWARI VICE CHAIRMAN 1.00 X X 0 0 0 TED DAVIS TREASURER 1.00 X X 0 0 0 TONIJA HOPE SECRETARY 2.00 X X 0 0 0 CYNTHIA BANKS TRUSTEE 1.00 X 0 0 0 JOHN CHRISTIAN TRUSTEE 1.00 X 0 0 0 JOANELY ALVIREZ TRUSTEE 1.00 X 0 0 0 JOEL GALLEGOS TRUSTEE 1.00 X 0 0 0 ERRICK GREENE TRUSTEE 1.00 X 0 0 0 GAIL GUGEL TRUSTEE 1.00 X 0 0 0 SARAH JEFFRIES TRUSTEE 1.00 X 0 0 0 JAN KIELING TRUSTEE 1.00 X 0 0 0 PREM MANJOORAN TRUSTEE 1.00 X 0 0 0 PAISLEY SATO TRUSTEE 1.00 X 0 0 0 MITZI SHORT TRUSTEE 1.00 X 0 0 0 BRAD STEPAN TRUSTEE 1.00 X 0 0 0 ELLEN YUI TRUSTEE 1.00 X 0 0 0 DANELLE RADNEY TRUSTEE 1.00 X 0 0 0 ALLISON SPECTOR TRUSTEE 1.00 X 0 0 0 KESHIA ABRAHAM TRUSTEE 1.00 X 0 0 0 ANGELA SCHAFFER EXECUTIVE DIRECTOR 40.00 X 107350 0 15600 KATE SIMPSON ATA PRESIDENT FINANCE DIRECTOR 5.00 40.00 X 0 0 0 107350 0 15600 1 0 0 0 0 78345 564981 643326 23779 23779 22175 78345 65612 -43437 -43437 MISCELLANEOUS 900099 4431 4431 4431 628099 0 0 -15227 611834 611834 43452 31031 10170 2251 34387 363 34024 10840 10840 20593 4330 754 15509 19 19 18360 4025 7651 6684 16689 16164 494 31 12000 12000 14309 848 4164 9297 13343 5472 4420 3451 1803 1803 3277 3277 953 953 BAD DEBT EXPENSE 34950 29450 5500 DUES AND SUBSCRIPTIONS 9688 1300 5821 2567 7948 1500 6174 274 854445 676867 131995 45583 477191 411699 677276 245859 157500 146625 4644 5218 9833 6387 6724 3446 1288132 1072030 0 100 2611467 1884977 67838 151923 156645 8448 224483 160371 X 0 0 0 0 2386984 1724606 2386984 1724606 2611467 1884977 -226346 -246917 -183196 -5919 0 X 0 1 X 1 0 X 1030290 1273486 303001 506881 643226 3756884 1030290 1273486 303001 506881 643226 3756884 1154053 2602831 14588 24924 64463 23779 127754 1802 311 3 4431 6547 3891185 175579 0.66890 0.71400 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INCOME FROM ACTIVITIES NOT REGULARLY CARRIED ON - 2018 AMOUNT: $ 1,802. 2019 AMOUNT: $ 311. 2020 AMOUNT: $ 3. 2022 AMOUNT: $ 4,431. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1288134 175375 -223140 157510 10830 1072029 1041897 160000 96896 10659 1288134 588942 355689 104002 6736 1041897 20042 541347 27553 588942 20000 42 20042 0.44270 0.55730 0 0 9833 6387 3446 3446 X PART V, LINE 4: STUDY ABROAD SCHOLARSHIPS AND/OR OPERATIONAL SUPPORT PART X, LINE 2: FUND FOR EDUCATION ABROAD IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION (509)(A)(2) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS AND DEDUCTIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, AT DECEMBER 31, 2022, FOR UNCERTAIN INCOME TAX POSITIONS. ANNUAL GALA 100520 78345 22175 31086 29780 3200 1546 100520 78345 22175 31086 29780 3200 1546 65612 -43437 1 SCHOLARSHIPS 159 611834 PART I, LINE 2: SCHOLARSHIP RECIPIENTS SIGN AN AGREEMENT STATING THAT THEY UNDERSTAND THE INTENTIONS OF THEIR SCHOLARSHIP AWARD AND COMMIT TO BLOGGING. SCHOLARSHIPS ARE DISBURSED TO AWARD RECIPIENTS FOR STUDY-ABROAD RELATED EXPENSES SUCH AS TUITION/PROGRAM FEES AND AIRFARE; RECEIPTING IN THE FORM OF PROGRAM INVOICES OR REIMBURSABLE TRAVEL EXPENSES ARE REQUIRED BEFORE DISBURSEMENTS ARE MADE. ADDITIONALLY, STUDENTS ARE MONITORED WHILE ABROAD THROUGH A BLOGGING REQUIREMENT. FORM 990, PART V, LINE 2A: COMPENSATION FOR THE ORGANIZATION'S EMPLOYEES IS PAID BY ACADEMIC TRAVEL ABROAD, A RELATED ORGANIZATION, UNDER A COMMON PAYMASTER ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE FINANCE COMMITTEE REVIEWS THE 990; IT IS THEN PRESENTED TO THE BOARD FOR APPROVAL AT THE NEXT QUARTERLY MEETING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST WHEN THEY SIGN THEIR ACCEPTANCE LETTER. THE ORGANIZATION ALSO REQUIRES THE CONFLICT OF INTEREST POLICY BE SIGNED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED ANNUALLY BY A TASK FORCE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VII, SECTION A, LINE 1A: FEA UNDERTOOK REASONABLE MEASURES TO REQUEST COMPENSATION INFORMATION FROM OFFICERS AS RELATED PARTY EMPLOYEES. FEA PROVIDED A QUESTIONNAIRE TO MARK LENHART AND KATE SIMPSON, OFFICERS OF FEA AND EMPLOYEES OF RELATED ORGANIZATION, ACADEMIC TRAVEL ABROAD (EIN 52-1098438), REQUESTING COMPENSATION INFORMATION. OFFICERS LISTED "CONFIDENTIAL" IN AREAS OF QUESTIONNAIRE REGARDING COMPENSATION. ACADEMIC TRAVEL ABROAD 1155 CONNECTICUT AVE NW STE 300 WASHINGTON DC 20036 521098438 TRAVEL DC N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 ACADEMIC TRAVEL ABROAD O 183193 IN-KIND ACADEMIC TRAVEL ABROAD N 74474 CASH