2020-02-20T18:18:35-06:00 2019-09-30 521186096 RUBINO & COMPANY CHARTERED 6903 ROCKLEDGE DRIVE SUITE 1200 BETHESDA MD 208171818 990 2018-10-01 341986692 BUSINESS - HIGHER EDUCATION FORUM BUSI 2023671189 2025 M STREET NW NO 800 WASHINGTON DC 20036 BRIAN K FITZGERALD CHIEF EXECUTIVE OFFICER 2023671189 2020-02-18 1 KAY THIES CPA P01404047 3015643636 23.24.109.106 2020-02-18 12:15:17 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8E10895808A1E7D35F48195E7112756A0A6DBAF9 2018 2020-11-06 18:47:13Z BRIAN K FITZGERALD 2025 M STREET NW NO 800 WASHINGTON DC 20036 4017282 0 X WWW.BHEF.COM X 2004 DC TO ADVANCE INNOVATION SOLUTIONS TO AMERICA'S EDUCATION AND WORKFORCE CHALLENGES. 16 16 0 16 0 0 2170305 2296868 1580000 1690000 22399 27208 1197 3206 3773901 4017282 559086 864727 0 0 0 0 0 0 105440 2710025 2899116 3269111 3763843 504790 253439 2625136 3043573 1248114 1356912 1377022 1686661 X THE BUSINESS-HIGHER EDUCATION FORUM (BHEF) IS A MEMBERSHIP ORGANIZATION OF FORTUNE 500 CEOS, COLLEGE AND UNIVERSITY PRESIDENTS, AND OTHER LEADERS WHO FORM STRATEGIC PARTNERSHIPS TO DEVELOP A HIGHLY-SKILLED FUTURE WORKFORCE WITH IT'S MEMBERS. BHEF CREATES UNDERGRADUATE PATHWAYS TO INCREASE BACCALAUREATE ATTAINMENT, IMPROVE ALIGNMENT BETWEEN HIGHER EDUCATION AND THE WORKFORCE, AND PRODUCE A DIVERSE, HIGHLY-SKILLED TALENT POOL TO MEET DEMAND IN EMERGING FIELDS. 0 0 1548516 864727 HIGHER EDUCATION WORKFORCE INITIATIVE (HEWI) - TO EXPAND OPPORTUNITIES FOR DIVERSE AND UNDER-REPRESENTED POPULATIONS IN THE AREAS OF STEM, DATA SCIENCE, AND CYBERSECURITY. 500380 THE JPMC PROJECT IMPLEMENTS PROJECTS WITH BUSINESS ROUND TABLE (BRT) COMPANIES IN IDENTIFIED REGIONS BY EMPLOYING BHEF'S STRATEGIC PARTNERSHIP IMPLEMENTATION PROCESS TO EACH REGION, WHICH WILL CREATE PURPOSEFUL STRATEGIC PARTNERSHIPS TO SUPPORT REGIONAL TALENT ECOSYSTEMS. BEYOND SUPPORTING THE INDIVIDUAL REGIONAL PROJECTS, BHEF WORKS WITH BRT IN CONNECTING, ALIGNING, AND CAPTURING LEARNING ACROSS THE DIFFERENT INITIATIVES. THIS KNOWLEDGE CAPTURE WILL ALLOW ALL BRT AND BHEF MEMBERS TO BENEFIT AND LEARN FROM THE ACTIVITIES IN THIS WORK. 369063 CONFERENCES - BHEF CONDUCTS SEMI-ANNUAL MEMBER CONFERENCES TO SUSTAIN THE CONTINUING DIALOGUE BETWEEN IT'S CORPORATE, ACADEMIC, AND FOUNDATION MEMBERS ON ISSUES RELATED TO THE U.S. EDUCATION SYSTEM. POLICY-MAKERS FROM STATE AND FEDERAL GOVERNMENTS ARE OFTEN INVITED TO PARTICIPATE IN THESE DISCUSSIONS. ACADEMIC LEADERS IN CUTTING-EDGE EDUCATIONAL ENDEAVORS AND EDUCATION FOUNDATION EXECUTIVES ALSO PARTICIPATE AT THESE MEETINGS. MANY GIVE PRESENTATIONS ON SUCCESSFUL LOCAL EDUCATIONAL EFFORTS THAT MAY BE APPLICABLE ON A BROADER REGIONAL OR NATIONAL SCALE. 256996 1690000 MEMBERSHIP - BHEF INCURS EXPENSES RELATED TO THE BUSINESS OF CONDUCTING MEMBERSHIP ACTIVITY, WHICH INVOLVES RECRUITMENT, RETENTION AND COMMUNICATION. THIS IS ACHIEVED THROUGH IN-PERSON PHONE MEETINGS, CORRESPONDENCE, AND COMMUNICATION. 333137 3206 590133 1693206 3008092 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X SMITHBUCKLIN CORPORATION 8005399740 2025 M STREET NW 800 WASHINGTON DC 20036 X WES BUSH BOARD MEMBER 1.00 X 0 0 0 JAMES P CLEMENTS BOARD MEMBER 1.00 X 0 0 0 BARBARA R SNYDER BOARD MEMBER 1.00 X 0 0 0 JOSEPH E AOUN BOARD MEMBER 1.00 X 0 0 0 RYAN OAKES VICE CHAIR 1.00 X 0 0 0 RANDY WOODSON BOARD MEMBER 1.00 X 0 0 0 MARK S WRIGHTON BOARD MEMBER 1.00 X 0 0 0 JEFFREY D ARMSTRONG BOARD MEMBER 1.00 X 0 0 0 EDUARDO J PADRON BOARD MEMBER 1.00 X 0 0 0 PETER A WEINBERG BOARD MEMBER 1.00 X 0 0 0 TERESA SULLIVAN CHAIR 1.00 X 0 0 0 MICHAEL D KING BOARD MEMBER 1.00 X 0 0 0 RON PRESSMAN BOARD MEMBER 1.00 X 0 0 0 NARIMAN FARVARDIN BOARD MEMBER 1.00 X 0 0 0 ROBERT CARET BOARD MEMBER 1.00 X 0 0 0 TIM SANDS BOARD MEMBER 1.00 X 0 0 0 BRIAN FITZGERALD CHIEF EXECUTIVE OFFICER 40.00 X 0 0 0 0 0 0 0 0 0 0 SMITHBUCKLIN CORPORATION 2025 M STREET NW 800 WASHINGTON DC 20036 MANAGEMENT SERVICES 2146714 1 1364868 932000 2296868 MEMBERSHIP DUES 611710 1690000 1690000 1690000 27208 27208 MISCELLANEOUS REVENUE 900099 3206 3206 3206 4017282 1693206 0 27208 X 864727 864727 2167652 1406703 657747 103202 29412 29412 16294 2100 14194 10 10 398684 398684 75041 43632 30143 1266 520 520 73754 70159 2623 972 132076 131726 350 5673 5673 OVERHEAD/G&A ALLOCATION 0 89841 -89841 3763843 3008092 650311 105440 981726 840256 599711 528450 98000 653202 11843 4806 933856 1016859 2625136 3043573 508114 506912 740000 850000 1248114 1356912 X 730645 1070571 646377 616090 1377022 1686661 2625136 3043573 253439 56200 0 X X 0 1 X 1 1 1 X 2067311 1113483 2017300 2170305 2296868 9665267 2067311 1113483 2017300 2170305 2296868 9665267 1853367 7811900 28545 27253 18335 22399 27208 123740 9789007 7160314 0.79800 0.79030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 4073472 56200 56200 4017272 10 10 4017282 3763833 0 3763833 10 10 3763843 PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FORUM MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FORUM AND VARIOUS POSITIONS RELATED TO POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEARS 2019 AND 2018. THE FORUM'S POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE ASSESSED OR RECORDED DURING THE YEARS ENDED SEPTEMBER 30, 2019 AND 2018. GENERALLY, THE TAX YEARS BEFORE 2016 ARE NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE, OR LOCAL TAXING AUTHORITIES. 0 RESEARCH FOUNDATION CITY UNIVERSITY OF NEW YORK 230 WEST 41ST STREET NEW YORK NY 10036 131988190 501(C)(3) 110068 IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE. MIAMI DADE COLLEGE 300 NE 2ND AVENUE MIAMI FL 33132 591210485 170 (C)(1) 271371 IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE. NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVE BOSTON MA 02115 041679980 501(C)(3) 201655 IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE. THE UNIVERSITY OF WISCONSIN-MILWAUKEE PO BOX 340 MILWAUKEE WI 532010340 396006492 501(C)(3) 162778 IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE. WASHINGTON UNIVERSITY IN ST LOUIS ONE BROOKINGS DRIVE ST LOUIS MO 63130 430653611 501(C)(3) 118855 IMPLEMENTING & EVALUATING MODELS FOR BUSINESS ENGAGEMENT TO INCREASE UNDERGRADUATE STEM STUDENT PERSISTENCE. 4 1 FORM 990, PART VI, SECTION A, LINE 3 SMITHBUCKLIN PERFORMS ALL MANAGEMENT DUTIES. FORM 990, PART VI, SECTION A, LINE 6 THE FORUM HAS ONE CLASS OF MEMBERSHIP WITH NO RESTRICTIONS ON THE NUMBER OF MEMBERS. MEMBERS WILL CONSIST OF CEOS OR OTHER APPROPRIATE SENIOR EXECUTIVES OF MAJOR AMERICAN BUSINESS ORGANIZATIONS, PRESIDENTS AND CHANCELLORS OF RECOGNIZED COLLEGES AND UNIVERSITIES AS WELL AS OTHER APPROPRIATE SENIOR EXECUTIVES OF SEVERAL FOUNDATIONS AND ASSOCIATIONS OF PRESIDENTS OF HIGHER EDUCATION INSTITUTIONS. FORM 990, PART VI, SECTION A, LINE 7A ALL SIXTEEN MEMBERS OF THE EXECUTIVE COMMITTEE ARE ELECTED BY THE FORUM'S MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B ACTIONS MAY BE TAKEN BY MEMBERS OF THE FORUM AT A SEMI-ANNUAL MEETING, VIA TELECONFERENCE OR E-MAIL OR BY ANY OTHER MECHANISM THAT THE CHAIR MAY DESIGNATE; SUCH ACTIONS MAY BE APPROVED BY A VOTE OF THE MAJORITY OF MEMBERS PRESENT OR PARTICIPATING. THE CHAIR SHALL GIVE MEMBERS REASONABLE NOTICE OF SUCH VOTES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PRESENTED TO MEMBERS OF THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO SIGN A COI AND UPDATE ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONSULTING/CONTRACTING: PROGRAM SERVICE EXPENSES 382,010. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 382,010. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 3,649. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,649. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 13,025. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,025. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR.