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BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
BELGIAN AMERICAN EDUCATIONAL FOUNDATION INC (EIN 13-1606002)
Tax period
2024-09-01 to 2025-08-31
Filed
2026-07-14
IRS object ID
202611959349301966
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-07-14T15:48:20-05:00ReturnTs
Tax Period End2025-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 CITY SQUAREAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02129ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131606002EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BELGIAN AMERICAN EDUCATIONAL FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBELGBusinessNameControlTxt
Phone2037775765PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1195 CHURCH STREETAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06510ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR EMILE L BOULPAEPPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2037775765PhoneNum
Signature2026-07-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN LOPreparerPersonNm
PTINP01434915PTIN
Phone6179129000PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR EMILE L BOULPAEPPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line196 POND MEADOW ROADAddressLine1Txt
CityKILLINGWORTHCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06419ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$33,121,568GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BAEF.BEWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1920FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionGRADUATE & POSTGRADUATE EXCHANGE FELLOWSHIP PROGRAM BETWEEN THE UNITED STATES AND BELGIUM.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,852,651PYContributionsGrantsAmt
CY Contributions Grants$3,068,138CYContributionsGrantsAmt
PY Program Service Revenue$129,730PYProgramServiceRevenueAmt
CY Program Service Revenue$114,142CYProgramServiceRevenueAmt
PY Investment Income$13,181,918PYInvestmentIncomeAmt
CY Investment Income$11,990,248CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$436CYOtherRevenueAmt
PY Total Revenue$16,164,299PYTotalRevenueAmt
CY Total Revenue$15,172,964CYTotalRevenueAmt
PY Grants And Similar Paid$3,996,624PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$4,312,907CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$163,465PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$171,378CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$81,276CYTotalFundraisingExpenseAmt
PY Other Expenses$838,207PYOtherExpensesAmt
CY Other Expenses$886,932CYOtherExpensesAmt
PY Total Expenses$4,998,296PYTotalExpensesAmt
CY Total Expenses$5,371,217CYTotalExpensesAmt
PY Revenues Less Expenses$11,166,003PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$9,801,747CYRevenuesLessExpensesAmt
Total Assets BOY$218,725,507TotalAssetsBOYAmt
Total Assets EOY$232,549,980TotalAssetsEOYAmt
Total Liabilities BOY$345,784TotalLiabilitiesBOYAmt
Total Liabilities EOY$282,963TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$218,379,723NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$232,267,017NetAssetsOrFundBalancesEOYAmt
MissionTHE BELGIAN AMERICAN EDUCATIONAL FOUNDATION, INC. (BAEF) IS ENGAGED IN FOSTERING THE HIGHER EDUCATION OF DESERVING BELGIANS AND AMERICANS THROUGH ITS EXCHANGE FELLOWSHIP PROGRAM.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,391,015ExpenseAmt
Grant$4,290,071GrantAmt
Revenue$114,142RevenueAmt
DescGRADUATE FELLOWSHIP PROGRAM - FOR FISCAL YEAR ENDED AUGUST 31, 2025, BAEF AWARDED A TOTAL OF 99 PAID FELLOWSHIPS CONSISTING OF $2,280,108 IN STIPENDS AND $2,009,963 IN TUITION AND FEES FOR GRADUATE STUDY AND RESEARCH IN THE U.S. AND BELGIUM.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Grant$22,836GrantAmt
DescINSTITUTIONAL GRANTS, PRIZES, AND AWARDS - FOR FISCAL YEAR ENDED AUGUST 31, 2025, BAEF PROVIDED THE ALUMNI AWARD TO DIEDERIK COPPITTERS IN THE AMOUNT OF $22,836.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$4,391,015TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryBEForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDR EMILE L BOULPAEPPersonNm
Phone2037775765PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1195 CHURCH STREETAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06510ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
COUNT DIEGO DU MONCEAU DE
BERGENDAL, DIRECTOR0.30Yes (X)$0$0$0
MR BENOIT ALLEMEERSCH
DIRECTOR0.30Yes (X)$0$0$0
MS KATRIEN CARBONEZ
DIRECTOR0.30Yes (X)$0$0$0
BARON MARCEL CROCHET
DIRECTOR0.30Yes (X)$0$0$0
BARON FRANS VAN DAELE
DIRECTOR0.30Yes (X)$0$0$0
MR AHMED FAHIM
DIRECTOR0.30Yes (X)$0$0$0
MS MARGARET HOOVER
DIRECTOR0.30Yes (X)$0$0$0
BARON DANIEL JANSSEN
DIRECTOR0.30Yes (X)$0$0$0
MR FILIP MOERMAN
DIRECTOR0.30Yes (X)$0$0$0
MR DIRK WAUTERS
DIRECTOR0.30Yes (X)$0$0$0
BARON JACQUES WILLEMS
DIRECTOR0.30Yes (X)$0$0$0
CHEVALIER EMILE L BOULPAEP
CHAIRMAN, PRESIDENT & DIR20.00Yes (X)$0$0$0Yes (X)
DR MARYAN W AINSWORTH
VICE PRESIDENT, DIRECTOR2.00Yes (X)$0$0$0Yes (X)
MR OLIVIER TROUVEROY
TREASURER, DIRECTOR2.00Yes (X)$0$0$0Yes (X)
L GILLES SION ESQ
SECRETARY, DIRECTOR2.00Yes (X)$0$0$0Yes (X)
MARIE-CLAUDE HAYOIT
DEVELOPMENT AND ALUMNI COORDINATOR40.00$422,236$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$422,236TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GRIFFIN ASSET MANAGEMENT
230 PARK AVENUE 4TH FLOORNEW YORKNY10169INVESTMENT ADVISORY SERVICES$585,180
RSM US LLP
4650 E 53RD STREETDAVENPORTIA52807ACCOUNTING SERVICES$123,418
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,068,138AllOtherContributionsAmt
Total Contributions$3,068,138TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFELLOWSHIP REPAYMENTSDesc
Business900099BusinessCd
Total Revenue Column$114,142TotalRevenueColumnAmt
Related Or Exempt Func Income$114,142RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$114,142TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,007,673TotalRevenueColumnAmt
Exclusion$5,007,673ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$24,931,179SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$17,948,604SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$6,982,575SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,982,575TotalRevenueColumnAmt
Exclusion$6,982,575ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$436TotalRevenueColumnAmt
Exclusion$436ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$436OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,172,964TotalRevenueColumnAmt
Related Or Exempt Func Income$114,142RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$11,990,684ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$433,025TotalAmt
Program Services$433,025ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$3,879,882TotalAmt
Program Services$3,879,882ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$142,221TotalAmt
Program Services$49,777ProgramServicesAmt
Management And General$46,933ManagementAndGeneralAmt
Fundraising$45,511FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$29,157TotalAmt
Program Services$10,205ProgramServicesAmt
Management And General$9,622ManagementAndGeneralAmt
Fundraising$9,330FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$193,457TotalAmt
Management And General$193,457ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$620,028TotalAmt
Management And General$620,028ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$12,747TotalAmt
Program Services$4,152ProgramServicesAmt
Management And General$4,799ManagementAndGeneralAmt
Fundraising$3,796FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,455TotalAmt
Program Services$509ProgramServicesAmt
Management And General$480ManagementAndGeneralAmt
Fundraising$466FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$25,736TotalAmt
Program Services$9,008ProgramServicesAmt
Management And General$8,493ManagementAndGeneralAmt
Fundraising$8,235FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,774TotalAmt
Program Services$1,321ProgramServicesAmt
Management And General$1,245ManagementAndGeneralAmt
Fundraising$1,208FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$337TotalAmt
Program Services$118ProgramServicesAmt
Management And General$111ManagementAndGeneralAmt
Fundraising$108FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,624TotalAmt
Program Services$3,018ProgramServicesAmt
Management And General$2,846ManagementAndGeneralAmt
Fundraising$2,760FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SPECIAL EVENTS$19,724$9,862$9,862
FILLING FEES$1,050$1,050

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,371,217TotalAmt
Program Services$4,391,015ProgramServicesAmt
Management And General$898,926ManagementAndGeneralAmt
Fundraising$81,276FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,764,634BOYAmt
EOY$1,648,033EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$400,609BOYAmt
EOY$253,426EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$90,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$173,670BOYAmt
EOY$547,858EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$111,387LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$73,842LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$37,545BOYAmt
EOY$37,545EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$215,290,965BOYAmt
EOY$228,898,205EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,058,084BOYAmt
EOY$1,074,913EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$218,725,507BOYAmt
EOY$232,549,980EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$345,784BOYAmt
EOY$282,963EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$345,784BOYAmt
EOY$282,963EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$216,421,052BOYAmt
EOY$230,707,781EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,958,671BOYAmt
EOY$1,559,236EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$218,379,723BOYAmt
EOY$232,267,017EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$218,725,507BOYAmt
EOY$232,549,980EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$9,801,747ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$4,034,172NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$51,375OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,523,411CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,815,017CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,560,459CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,852,651CurrentTaxYearMinus1YearAmt
Current Tax Year$3,068,138CurrentTaxYearAmt
Total$14,819,676TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,523,411CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,815,017CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,560,459CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,852,651CurrentTaxYearMinus1YearAmt
Current Tax Year$3,068,138CurrentTaxYearAmt
Total$14,819,676TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$653,118SubstantialContributorsTotAmt
Public Support Total170$14,166,558PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,109,023CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,418,406CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,940,748CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,500,542CurrentTaxYearMinus1YearAmt
Current Tax Year$5,007,673CurrentTaxYearAmt
Total$19,976,392TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$548CurrentTaxYearMinus4YearsAmt
Current Tax Year$436CurrentTaxYearAmt
Total$984TotalAmt
FieldValueIRS element (for citing)
Total Support$34,797,052TotalSupportAmt
Gross Receipts Rltd Activities$642,388GrossReceiptsRltdActivitiesAmt
Public Support CY1700.40710PublicSupportCY170Pct
Public Support PY1700.40160PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$250,000AssetsIncludedAmt
FieldValueIRS element (for citing)
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$23,424,378BeginningYearBalanceAmt
Contributions$896,663ContributionsAmt
Investment Earnings Or Losses$1,726,652InvestmentEarningsOrLossesAmt
Grants Or Scholarships$760,814GrantsOrScholarshipsAmt
End Year Balance$25,286,879EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$19,334,470BeginningYearBalanceAmt
Contributions$1,319,410ContributionsAmt
Investment Earnings Or Losses$3,610,647InvestmentEarningsOrLossesAmt
Grants Or Scholarships$840,149GrantsOrScholarshipsAmt
End Year Balance$23,424,378EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$17,582,451BeginningYearBalanceAmt
Contributions$642,769ContributionsAmt
Investment Earnings Or Losses$1,954,306InvestmentEarningsOrLossesAmt
Grants Or Scholarships$845,056GrantsOrScholarshipsAmt
End Year Balance$19,334,470EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$18,867,000BeginningYearBalanceAmt
Contributions$513,226ContributionsAmt
Investment Earnings Or Losses-$1,515,775InvestmentEarningsOrLossesAmt
Grants Or Scholarships$282,000GrantsOrScholarshipsAmt
End Year Balance$17,582,451EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$14,408,048BeginningYearBalanceAmt
Contributions$1,037,500ContributionsAmt
Investment Earnings Or Losses$3,795,217InvestmentEarningsOrLossesAmt
Grants Or Scholarships$373,765GrantsOrScholarshipsAmt
End Year Balance$18,867,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$37,545OtherCostOrOtherBasisAmt
Book Value$37,545BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$47,551OtherCostOrOtherBasisAmt
Depreciation$47,551DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$26,291OtherCostOrOtherBasisAmt
Depreciation$26,291DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$37,545TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$18,638,483TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$4,034,172NetUnrealizedGainsInvstAmt
Other Revenue-$568,653OtherRevenueAmt
Revenue Not Reported$3,465,519RevenueNotReportedAmt
Revenue Subtotal$15,172,964RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$15,172,964TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,751,189TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,751,189ExpensesSubtotalAmt
Investment Expenses Not Incld2$620,028InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$620,028ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,371,217TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE ORGANIZATION'S INTENDED USE OF ENDOWMENT FUNDS IS TO COVER THE FELLOWSHIPS FUNDS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FOREIGN CURRENCY TRANSLATION ADJUSTMENT 51,375. INVESTMENT MANAGEMENT FEES -620,028.
PART III, LINE 1A AND 4:ARTWORK - MAGRITTE PAINTING IS ON PERMANENT LOAN TO THE MAGRITTE MUSEUM IN BRUSSELS AND FARM LAND IN RAMILLIES, BELGIUM.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND)12PROGRAM SERVICESADMINISTRATION OF THE FELLOWSHIP PROGRAM, FUNDRAISING AND LOGISTIC SUPPORT FOR FELLOWS$132,976
EUROPE (INCLUDING ICELAND & GREENLAND)GRANTMAKING$3,879,882
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees2SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee2TotalEmployeeCnt
Subtotal Spent$4,012,858SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$4,012,858TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
FELLOWSHIPSEUROPE (INCLUDING ICELAND & GREENLAND)84$3,857,046CHECKS (USD)
ALUMNI AWARDSEUROPE (INCLUDING ICELAND & GREENLAND)1$22,836ELECTRONIC TRANSFER (EUR)
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:BAEF MAINTAINS A BRANCH OFFICE IN BRUSSELS, BELGIUM AND THE OFFICE IS STAFFED WITH TWO PAID EMPLOYEES. FULL ACCOUNTING FOR THIS BRANCH OFFICE IS MAINTAINED AND INCLUDED IN THIS RETURN AT THE MONTHLY AVERAGE CONVERSION RATE FOR EURO TO USD. AS PART OF THE GRANT FUNDING REQUEST, A BUDGET FOR THE NEXT FISCAL YEAR AND ACCOUNTING OF ANNUAL TRANSACTIONS ARE SUBMITTED TO THE BELGIAN GOVERNMENT. THE NEW HAVEN OFFICE IS RESPONSIBLE FOR DISTRIBUTING ALL GRANTS, ISSUING CHECKS, AND OVERSEEING THE ENTIRE GRANT PROCESS. FOR BELGIAN APPLICANTS, INITIAL ELIGIBILITY IS ASSESSED BY THE BRUSSELS OFFICE AND SUBSEQUENTLY CONFIRMED BY THE BELGIAN SELECTION COMMITTEE, CHAIRED BY THE PRESIDENT. IN THE UNITED STATES, THE PRESIDENT OVERSEES THE ENTIRE GRANTMAKING PROCESS FROM START TO FINISH.
PART I, LINE 3:MONTHLY REPORTS OF TRANSACTIONS ARE SUBMITTED TO U.S. OFFICE IN NEW HAVEN, CT, INCLUDING COPIES OF BANK STATEMENTS, PAYMENT VOUCHERS AND VENDOR INVOICES. TRANSACTIONS ARE CONVERTED TO USD USING MONTHLY AVERAGE CONVERSION RATE FROM EUR TO USD.
PART III, COL (C):FOR THE FISCAL YEAR ENDED AUGUST 31, 2025, THERE WERE A TOTAL OF 84 BELGIAN FELLOWS, EITHER PURSUING MASTERS OR PHD DEGREES AT U.S. UNIVERSITIES OR POSTDOCTORAL RESEARCHERS WORKING IN U.S. EDUCATIONAL INSTITUTIONS AND UNIVERSITIES. UPON COMPLETION OF THEIR BAEF SPONSORED STAY IN THE U.S., ALL FELLOWS SUBMIT A REPORT DESCRIBING THEIR FELLOWSHIP EXPERIENCE IN THE U.S. IN ADDITION, THERE WAS 1 ALUMNI AWARD PROVIDED TO A PROFESSOR IN BELGIUM.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFELLOWSHIPSGrantTypeTxt
Recipient15RecipientCnt
Cash Grant$433,025CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:ALL BAEF FELLOWS ARRIVING IN THE U.S. RECEIVE THEIR VISA DOCUMENTATION FROM THEIR HOST INSTITUTIONS. UPON THEIR ARRIVAL IN THE U.S., ALL FELLOWS MUST SUBMIT A NOTICE OF ARRIVAL TO THE BAEF OFFICE IN NEW HAVEN, CT. AFTER THE NOTICE OF ARRIVAL FORM HAS BEEN RECEIVED, STIPEND CHECKS ARE ISSUED TO THE BAEF FELLOW PERIODICALLY DURING THE COURSE OF THEIR YEAR OF STUDY OR RESEARCH. IN ADDITION, FOR THOSE FELLOWS ENROLLED IN DEGREE PROGRAMS IN THE U.S., TUITION PAYMENTS ARE MADE TO THEIR HOST INSTITUTIONS.
PART III:THERE WERE 15 BAEF U.S. FELLOWS WHO TRAVELED TO BELGIUM TO DO ONE YEAR OF STUDY OR RESEARCH. EACH FELLOW REPORTED THEIR ARRIVAL IN BELGIUM TO THE BAEF PROGRAM MANAGER LOCATED IN BRUSSELS. UPON COMPLETION OF THE FELLOWSHIP PROGRAM, EACH FELLOW PROVIDED A DETAILED REPORT TO BAEF OF THEIR RESEARCH AND STUDIES WHILE IN BELGIUM.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMARIE-CLAUDE HAYOITPersonNm
TitleDEVELOPMENT AND ALUMNI COORDINATORTitleTxt
Base Compensation Filing Org$17,249BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$1,788BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$403,199OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$422,236TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 4BFormAndLineReferenceDesc
ExplanationMARIE-CLAUDE HAYOIT, A FOREIGN EMPLOYEE OF THE FOUNDATION, RECEIVED A $403,199 DISTRIBUTION IN 2024 PURSUANT TO A DEFERRED COMPENSATION ARRANGEMENT WITH THE FOUNDATION. $293,200 OF THE DISTRIBUTION WAS DIRECTED BY MS. HAYOIT AS A CHARITABLE CONTRIBUTION TO THE KING BAUDOUIN FOUNDATION, A PUBLIC BENEFIT FOUNDATION INCORPORATED IN BELGIUM.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINE 2A:BAEF HAS NO US EMPLOYEES BUT TWO FOREIGN EMPLOYEES WHO WORK AT THE BRANCH OFFICE IN BRUSSELS.
FORM 990, PART VI, SECTION A, LINE 6AT BAEF'S ANNUAL MEETING, A SLATE OF NAMES ARE PRESENTED TO THE MEMBERS FOR POSITIONS ON THE BOARD OF DIRECTORS FOR A TERM OF 3 YEARS. THIS SLATE IS THEN VOTED ON AND APPROVED BY THE MEMBERS. AT THE FIRST BOARD MEETING OF THE CALENDER YEAR, THE BOARD ELECTS OFFICERS AND MEMBERS OF THE STANDING COMMITTES OF THE FOUNDATION.
FORM 990, PART VI, SECTION A, LINE 7ATHE ORGANIZATION HAS MEMBERS. MEMBERS AT THE ANNUAL MEETING VOTE AND APPROVE THE DIRECTORS OF THE BOARD. REPORTS OF ALL ACTIVITIES OF ORGANIZATION'S COMMITTEES ARE DISCLOSED AND APPROVED AT THE ANNUAL MEETING OF MEMBERS IN JANUARY.
FORM 990, PART VI, SECTION A, LINE 7BDECISIONS OF THE GOVERNING BODY, BAEF BOARD OF DIRECTORS, ARE DISCLOSED OF AND APPROVED BY THE MEMBERS AT THE ANNUAL MEETING OF THE MEMBERS IN JANUARY.
FORM 990, PART VI, SECTION B, LINE 11BPRIOR TO FILING, THE 990 IS REVIEWED AND APPROVED BY THE PRESIDENT AND CHAIRMAN, AS WELL AS BY THE EXECUTIVE DIRECTOR IN BRUSSELS.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD OF DIRECTORS MEET FOUR TIMES ANNUALLY, WHERE ANY MATTERS AFFECTING CONFLICTS OF INTEREST ARE DISCLOSED AND DISCUSSED. NO ISSUES OF CONFLICT OF INTEREST AROSE DURING THE PAST YEAR.
FORM 990, PART VI, SECTION C, LINE 19BAEF MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, PUBLIC DISCLOSURE COPY OF THE FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA CANDID AND IRS WEBSITE.
FORM 990, PART XI, LINE 9:FOREIGN CURRENCY TRANSLATION ADJUSTMENT 51,375.