Foundation For Management Education In Central America

Organization Overview

Foundation For Management Education In Central America, operating under the name Incae Foundation, is located in Glen Echo, MD. The organization was established in 1990. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Incae Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Incae Foundation generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 14.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO MAKE GRANTS TO SUPPORT MANAGEMENT EDUCATION IN CENTRAL AMERICA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTMAKING: TO PROVIDE SCHOLARSHIPS TO STUDENTS AT INCAE BUSINESS SCHOOL AND OTHER SCHOOLS INVOLVED IN MANAGEMENT EDUCATION IN CENTRAL AMERICA.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $996,689
All other contributions, gifts, grants, and similar amounts not included above$1,050,902
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,047,591
Total Program Service Revenue$0
Investment income $179,697
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $160,221
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,387,556

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Foundation For Management Education In Central America has recieved totaling $88,544.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$88,045
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$499
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,151,200
Earnings$457,453
Other Expense$115,127
Grants$15,000
Ending Balance$3,478,526

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