2024-04-30T15:10:21-05:00 2023-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2022-07-01 222673344 INSTITUTE OF MANAGEMENT ACCOUNTANTS MEMORIAL EDUCATION FUND INC INST 2015739000 10 PARAGON DRIVE MONTVALE NJ 07645 CHRISTINE MILLAWAY CFO & SVP 2015739000 2024-04-30 1 CHRISTINE MILLAWAY XXX-XX-XXXX 0 DANIEL ROMANO P00504182 2125990100 2024-05-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL DEPRISCO 10 PARAGON DRIVE MONTVALE NJ 07645 357845 0 X N/A X 1985 NJ TO ACCEPT BEQUESTS AND GIFTS AND MAKE GRANTS TO SUPPORT EDUCATIONAL PROGRAMS ON MANAGEMENT. 7 5 0 6 0 0 107084 104939 0 0 85278 133125 0 0 192362 238064 141381 46013 0 0 0 0 0 0 0 25503 6416 166884 52429 25478 185635 3199456 3544670 100000 100000 3099456 3444670 TO ACCEPT REQUESTS AND GIFTS AND MAKE GRANTS TO SUPPORT EDUCATIONAL PROGRAMS ON MANAGEMENT ACCOUNTING. 0 0 48314 46013 SCHOLARSHIPS AND GRANTS ARE AWARDED TO CANDIDATES IN MANAGEMENT ACCOUNTING AND RELATED AREAS. IN FISCAL YEAR 2023, 18 INDIVIDUAL AND VARIOUS 501(C)(3) ORGANIZATIONS RECEIVED SCHOLARSHIPS OR GRANTS. 48314 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 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 0 X 7 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CHRISTINE MILLAWAY 2015739000 10 PARAGON DRIVE SUITE 1 MONTVALE NJ 07645 JEFFREY THOMSON CMA CSCA CAE SECRETARY/TREASURER 0.50 39.50 X X 0 712599 22846 MICHAEL DEPRISCO SECRETARY/TREASURER (AS OF 04/23) 0.50 39.50 X X 0 0 0 J STEPHEN MCNALLY CMA CPA TRUSTEE 1.00 6.00 X 0 0 0 GWEN VAN BERNE CMA TRUSTEE 1.00 8.00 X 0 0 0 PETER J DOLANCMACFMCSCACPA TRUSTEE 0.50 4.00 X 0 0 0 JANE E KARLI CMA TRUSTEE 0.50 2.00 X 0 0 0 RICHARD T BRADY CMA CGFM TRUSTEE 1.00 6.00 X 0 0 0 RUSS PORTER CMA CFM CSCA CFO 0.50 39.50 X 0 411194 20324 0 1123793 43170 0 0 1 0 0 104939 104939 78168 78168 174738 119781 54957 54957 54957 238064 0 0 133125 8763 8763 37250 37250 4115 4115 SHARED ALLOCATION 2301 2301 52429 48314 4115 0 1000 1000 0 0 0 0 0 0 3177034 3465624 0 0 0 0 21422 78046 3199456 3544670 0 0 100000 100000 100000 100000 X 3099456 3444670 3099456 3444670 3199456 3544670 185635 159579 0 X X 0 1 X 1 0 X X 2 IMA RESEARCH FOUNDATION INC 223323222 7 1 0 0 INSTITUTE OF MANAGEMENT ACCOUNTANTS INC 222659674 10 1 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 DUE TO AFFILIATES 100000 100000 X PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS (ASC 740) IMA, IMAMEF, IMARF AND IMA PRODUCTS AND SERVICES, LLC (A NON-OPERATING ENTITY) WERE INCORPORATED IN THE STATE OF NEW JERSEY AND ARE EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND, THEREFORE, HAVE MADE NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. ICMA IS CURRENTLY EXEMPT FROM FEDERAL INCOME TAX UNDER 501(C)(6) OF THE CODE. IMA, IMAMEF, IMARF, IMA PRODUCTS AND SERVICES, LLC AND ICMA HAVE BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE "PRIVATE FOUNDATIONS" WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THERE WAS NO UNRELATED BUSINESS INCOME TAX PAYABLE FOR THE YEAR ENDED JUNE 30, 2023. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, CHANGE IN NET ASSETS OR CASH FLOWS. 1 SCHOLARSHIP 18 37250 PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE THE UNITED STATES GRANT RECIPIENTS ARE 501(C)(3) SUBORDINATE ENTITIES OF 501(C)(3) CONTROLLING AFFILIATE, THE INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC, AND OTHER 501(C)(3) ORGANIZATIONS SUPPORTING CAREERS IN MANAGEMENT ACCOUNTING AND RELATED FIELDS. SCHOLARSHIPS ARE FOR FULL AND PART-TIME UNDERGRADUATE AND GRADUATE STUDENTS ENROLLED IN ACCREDITED INSTITUTIONS. APPLICANTS MUST BE PURSUING A CAREER IN MANAGEMENT ACCOUNTING, FINANCIAL MANAGEMENT OR INFORMATION TECHNOLOGY, AND BE MEMBERS OF THE INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC (IMA). SCHOLARSHIP PAYMENTS ARE CONTINGENT UPON RECEIPT OF PROOF OF CLASS REGISTRATION AND LATEST TRANSCRIPT. 0 0 0 0 0 0 0 0 0 JEFFREY THOMSON CMA CSCA CAE SECRETARY/TREASURER 0 647073 0 65526 0 0 0 20400 0 2446 0 735445 0 0 RUSS PORTER CMA CFM CSCA CFO 0 381269 0 29925 0 0 0 12200 0 8124 0 431518 0 0 PART I, LINE 3 THE CEO AND CFO OF THE CONTROLLING AFFILIATE (INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC.) ARE OFFICERS (SECRETARY AND TREASURER) OF THE ENTITY. COMPENSATION OF OFFICERS, IF ANY, ARE REVIEWED AND APPROVED BY INDEPENDENT MEMBERS OF THE CONTROLLING AFFILIATE'S BOARD ANNUALLY AFTER REVIEW OF COMPARABLE DATA AND DELIBERATION MEETINGS ARE CONTEMPORANEOUSLY RECORDED. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP SOME OF IMAMEF'S CURRENT OFFICERS AND DIRECTORS, AS REPORTED IN FORM 990 PART VII-A, ARE SERVING AS BOARD MEMBERS AND/OR OFFICERS OF IMA'S RELATED ENTITIES DURING TAX YEAR OF 2022. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS A COPY OF THE RETURN IS PROVIDED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT BOARD MEMBERS, OFFICERS AND EMPLOYEES REVIEW AND SIGN A CONFLICT OF INTEREST STATEMENT AND DISCLOSURE IN ACCORDANCE WITH THE POLICIES AND PROCEDURES OF THE CONTROLLING AFFILIATE (INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC.). THE CEO AND BOARD CHAIR OF THE ETHICS COMMITTEE OF THE CONTROLLING AFFILIATE FOLLOW UP ON DISCLOSED ITEMS. MEMBERS ARE PERIODICALLY REMINDED TO DISCLOSE CONFLICTS OF INTEREST ON ANY MATTER ADDRESSED BY THE BOARD. CONFLICT OF INTEREST COMPLIANCE MEASURES UNDER THE CONTROLLING AFFILIATE'S CODE OF ETHICS POLICY INCLUDE DISCIPLINARY ACTION UP TO AND INCLUDING EXPULSION. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE CEO AND CFO OF THE CONTROLLING AFFILIATE (INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC.) ARE OFFICERS (SECRETARY AND TREASURER) OF THE ENTITY. COMPENSATION OF OFFICERS, IF ANY, ARE REVIEWED AND APPROVED BY INDEPENDENT MEMBERS OF THE CONTROLLING AFFILIATE'S BOARD ANNUALLY AFTER REVIEW OF COMPARABLE DATA AND DELIBERATION. MEETINGS ARE CONTEMPORANEOUSLY RECORDED. THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY OF THE CONTROLLING AFFILIATE (INSTITUTE OF MANAGEMENT ACCOUNTANTS, INC.) AND THE ENTITY'S GOVERNING DOCUMENTS ARE AVAILABLE ON THE CONTROLLING AFFILIATE'S WEBSITE. THE FORM 1023 IS AVAILABLE UPON WRITTEN REQUEST. THE ENTITY'S FORM 990 IS AVAILABLE ON GUIDESTAR'S WEBSITE AND UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT. INSTITUTE OF MANAGEMENT ACCOUNTANTS INC 10 PARAGON DRIVE MONTVALE NJ 07645 222659674 EDUCATION NJ 501(C)(3) LINE 10 NONE 0 INST OF CERTIFIED MGMT ACCTS INC 10 PARAGON DRIVE MONTVALE NJ 07645 222679694 CERTIFICATION NJ 501(C)(6) IMA 0 IMA RESEARCH FOUNDATION INC 10 PARAGON DRIVE MONTVALE NJ 07645 223323222 EDUCATION NJ 501(C)(3) LINE 12A, I IMA 0 STICHTING INST OF MGMT ACCTS THE NETHERLANDS DE BOELELAAN 30 UNIT 305 AMSTERDAM ZUIDAS NL 1083HJ 999999999 EDUCATION SUPPORT NL 501(C)(3) IMA 0 IMA SERVICES INC (IMAS) 10 PARAGON DRIVE MONTVALE NJ 07645 271144394 EDUCATION SERVICE NJ IMA C 0 BEIJING IMA MANAGEMENT CONSULTING LTD 1 E CHANGAN AVE DONGCHENG DIST BEIJING CH 100052 999999999 EDUCATION SUPPORT SERVICE CH IMAS C 0 INST OF MGMT ACCTS INDIA PRIVATE LTD 2001 URMI EST TWR A 20TH FL 95 GK LWR PARW MUMBAI IN 400013 999999999 EDUCATION SUPPORT SERVICE IN ICMA C 0 IMA SOUTH EAST ASIA PTE LTD 60 PAYA LEBAR ROAD 06-19 PAYA LEBAR SQ SN 409051 999999999 EDUCATION SUPPORT SN IMA C 0 IMA EGYPT FOR CONSULTANCY BLDG NO 5 ZIZINIA RESORT 5TH SET NEW CAIRO EG 999999999 EDUCATION SUPPORT EG IMAICMA C 0 IMA ARABIA AL-WURUD KING ABDULLAH RD RIYADH SA 8124-12253 999999999 EDUCATION SUPPORT SA IMA C 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0