2017-05-30T13:25:03-05:00 2016-09-30 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVENUE SUITE 500 BETHESDA MD 20814 990 2015-10-01 341986692 BUSINESS - HIGHER EDUCATION FORUM BUSI 2023671189 2025 M STREET NW NO 800 WASHINGTON DC 20036 BRIAN K FITZGERALD CHIEF EXECUTIVE OFFICER 2023671189 2017-05-16 1 DANIEL L WEAVER P01249346 3019860600 2017-05-16 2015 2021-01-29 14:40:06Z BHEF BRIAN K FITZGERALD 2025 M STREET NW NO 800 WASHINGTON DC 20036 4450760 0 X WWW.BHEF.COM X 2004 DC TO ADVANCE INNOVATION SOLUTIONS TO AMERICA'S EDUCATION CHALLENGE'S AND WORKFORCE. 13 13 0 0 0 0 1997052 1113483 984388 1376667 91562 125166 466 3631 3073468 2618947 0 0 0 0 0 0 0 0 12722 2736489 2834187 2736489 2834187 336979 -215240 1995567 1762340 1177410 1221680 818157 540660 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 ITS 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 1606516 HIGHER EDUCATION WORKFORCE INITIATIVE (HEWI)- TO EXPAND OPPORTUNITIES FOR DIVERSE AND UNDER-REPRESENTED POPULATIONS IN THE AREAS OF STEM, DATA SCIENCE, AND CYBERSECURITY. 358525 CONFERENCES- BHEF SCHEDULES SEMI-ANNUAL MEMBER CONFERENCES TO SUSTAIN THE CONTINUING DIALOGUE BETWEEN ITS 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. 209987 MEMBERSHIP -BHEF INCURS EXPENSES RELATED TO THE BUSINESS OF CONDUCTING MEMBERSHIP ACTIVITY, WHICH INVLOVES RECRUITMENT, RETENTION, AND COMMUNICATION. THIS IS ACHIEVED THROUGH PHONE MEETINGS, CORRESPONDANCE, 132852 COMMUNICATIONS 801 GOVERNMENTAL RELATIONS 133653 2308681 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 0 0 0 0 0 0 0 0 0 X 13 13 0 1 0 0 1 1 1 1 1 0 0 1 1 1 0 1 1 0 0 0 DC X SMITHBUCKLIN CORPORATION 8005399740 2025 M STREET NW SUITE 800 WASHINGTON DC 20036 WES BUSH BOARD MEMBER 1.00 X 0 0 0 MOLLY CORBETT BROAD BOARD MEMBER 1.00 X 0 0 0 JAMES P CLEMENTS BOARD MEMBER 1.00 X 0 0 0 DIANA NATALICIO BOARD MEMBER 1.00 X 0 0 0 RENU KHATOR 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 BOARD MEMBER 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 IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 PETER A WEINBERG CHAIR 1.00 X X 0 0 0 JOHN B VEIHMEYER BOARD MEMBER 1.00 X 0 0 0 TERESA SULLIVAN VICE CHAIR 1.00 X X 0 0 0 MICHAEL D KING BOARD MEMBER 1.00 X 0 0 0 BRIAN FITZGERALD CHIEF EXECUTIVE OFFICER 40.00 X 311534 0 9206 311534 0 9206 1 0 1 0 SMITHBUCKLIN CORPORATION 2025 M ST NW SUITE 800 WASHINGTON DC 20036 MANAGEMENT SERVICES 1992071 1 803308 310175 1113483 MEMBERSHIP DUES 611710 1376667 1376667 1376667 27253 27253 1929726 1831813 97913 97913 97913 MISCELLANEOUS 900099 3631 3631 3631 2618947 1380298 0 125166 X 1585186 1192059 382044 11083 15346 7949 7397 7004 7004 317199 312445 4754 147277 92580 54081 616 741 741 78173 75193 2935 45 50503 49953 550 4968 4968 MEMBERSHIP DUES 344909 344909 INFRASTRUCTURE FEES 238619 100932 136709 978 EDITING 24464 24464 MISCELLANEOUS 19798 10306 9492 97150 -97150 2834187 2308681 512784 12722 833734 518458 102661 324977 20000 6760 10357 1052412 888548 1995567 1762340 95359 295422 1082051 926258 1177410 1221680 X 363138 280228 455019 260432 818157 540660 1995567 1762340 -215240 -62257 0 X X 0 1 X 1 1 1 X 2021535 1953053 1402829 2981440 2490150 10849007 2021535 1953053 1402829 2981440 2490150 10849007 1987415 8861592 34228 36601 34397 28545 27253 161024 11010031 10000 0.80490 0.79020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2640690 -62257 84000 21743 2618947 0 2618947 2918187 84000 84000 2834187 0 2834187 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 2016 OR 2015. 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, 2016 AND 2015. 1 X X 0 0 0 0 0 0 0 0 0 BRIAN FITZGERALD CHIEF EXECUTIVE OFFICER 284534 0 27000 0 0 0 0 0 9206 0 320740 0 0 0 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 RECOGNIZE COLLEGE AND UNIVERSITIES AS WELL AS CEOS OR OTHER APPROPRIATE SENIOR EXECUTIVES OF SEVERAL OF THE FOLLOWING ORGANIZATIONS: BUSINESS ASSOCIATIONS, AND FOUNDATIONS AND ASSOCIATIONS OF PRESIDENTS OF HIGHER EDUCATION INSTRUCTIONS. 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 MEMBER OF THE FORUM AT A SEMIANNUAL 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 11 A COPY OF THE FORM 990 IS PRESENTED TO MEMBERS OF THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO ITS BEING FILED. 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 CONSULTANT FEES: PROGRAM SERVICE EXPENSES 312,445. MANAGEMENT AND GENERAL EXPENSES 4,754. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 317,199. 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.