Ivey Business School Foundation
- Assets
- $20.2m
- Revenue
- $19.2m
- Investments
- $120.1k
- Employees
- 0
- Location
- Founding
- 12/2019
- Data as of
- 04/2022
- EIN
- 98-0661838
Organization Overview
Ivey Business School Foundation is located in null. The organization was established in 2019. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ivey Business School 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 04/2022, Ivey Business School Foundation generated $19.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $17.6m during the year ending 04/2022. While expenses have increased by 9.5% per year over the past 3 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCEMENT OF EDUCATION THROUGH EXECUTIVE TRAINING PROGRAMS & PUBLICATION & DISTRIBUTION OF TEACHING MATERIALS TO SUPPORT IBS AT UWO & OTHER EDUCATIONAL INSTITUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IVEY ACADEMY - THE IVEY ACADEMY PROVIDES LEADERSHIP DEVELOPMENT PROGRAMS: IT IS A FULL SERVICE LEARNING AND DEVELOPMENT HOUSE, PROVIDING UNIVERSITY-BASED EXECUTIVE EDUCATION WITH TALENT ASSESSMENT, STRATEGY, AND BEHAVIOUR CHANGE SUSTAINMENT. PROGRAMS AND SERVICES DELIVERED INCLUDE INDIVIDUAL AND CUSTOM TRAINING PROGRAMS (IN-PERSON AND VIRTUAL), LEARNING AND DEVELOPMENT ADVISORY SERVICES, TALENT ASSESSMENTS, COACHING AND CORPORATE RETREATS.
CONFERENCE CENTRES - IVEY'S TWO CONFERENCE FACILITIES, BASED IN LONDON AND TORONTO (ONTARIO), PROVIDE CLASSROOMS, ACCOMMODATIONS, MEETING ROOMS AND FOOD AND BEVERAGES TO IVEY'S DEGREE PROGRAMS AND NON-DEGREE PROGRAMS (IVEY ACADEMY) PARTICIPANTS AS WELL AS TO OTHER ORGANIZATIONS AND THE GENERAL PUBLIC.
IVEY PUBLISHING - IVEY PUBLISHING PROVIDES BUSINESS CASE STUDIES TO ACADEMIC COMMUNITIES, SUPPORTING MANAGEMENT EDUCATION AROUND THE WORLD. CASE WRITING AND CASE TEACHING WORKSHOPS ARE ALSO PROVIDED BY IVEY PUBLISHING.
ITC, EDTECH, LEADERSHIP, JCTWP
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maziar Raz Director, Learning Design | 35 | $143,431 | |
Andrew Wright Director, Academy & Bd | 35 | $123,735 | |
Sharon Hodgson Director (ceo) | OfficerTrustee | 10 | $0 |
Stephanie Brooks Director (secretary) | OfficerTrustee | 15 | $0 |
Daniel Ross Director (chairman) | OfficerTrustee | 0 | $0 |
Alan Shepard Director (president Of Uwo) | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Harvard Business School Publishing Royalties | 4/29/22 | $1,184,541 |
The University Of Western Ontario Rent & Graphics | 4/29/22 | $1,060,774 |
At Frost Consulting Inc Program Delivery | 4/29/22 | $504,318 |
Spencer Leadership Centre Facilities | 4/29/22 | $484,850 |
Hyperwallet Systems Inc Royalties | 4/29/22 | $450,185 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $19,210,645 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,210,645 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,684,794 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $279,020 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,957,488 |
| Advertising and promotion | $642,501 |
| Office expenses | $328,879 |
| Information technology | $241,848 |
| Royalties | $2,056,105 |
| Occupancy | $837,438 |
| Travel | $70,424 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,077,597 |
| Insurance | $0 |
| All other expenses | $989,501 |
| Total functional expenses | $17,613,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,689,799 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,583,430 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $929,563 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $121,135 |
| Prepaid expenses and deferred charges | $309,632 |
| Net Land, buildings, and equipment | $8,296,802 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $120,087 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $122,392 |
| Total assets | $20,172,840 |
| Accounts payable and accrued expenses | $3,766,323 |
| Grants payable | $0 |
| Deferred revenue | $2,362,090 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,125,328 |
| Total liabilities | $7,253,741 |
| Net assets without donor restrictions | $12,919,099 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $20,172,840 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ivey Business School Foundation | $20,172,840 | $19,210,645 |
Huo Family Foundation | $180,782,473 | $30,378,058 |
Black Heart Foundation Us | $374,009 | $2,243,879 |
Multinational Educational Charitable Tr 1909 | $10,567,231 | $43,044 |
Multinational Scholars Charitable Trust 1907 | $8,702,469 | $29,663 |
Prairie Centre For Christian Education | $445,894 | $384,259 |
Delta Environmental & Education Foundation | $64,172 | $300,286 |