The INCAE Foundation is a U.S.-based 501(c)(3) nonprofit organization whose mission is to support and strengthen management education in Central America.
The INCAE Foundation carries out its work primarily by providing financial support to INCAE Business School, one of Latin America’s leading graduate schools of management, which has a campus in Costa Rica and an Executive Center in Panama.
The INCAE Foundation provides scholarships to students in INCAE’s MBA program Created in 1980, the INCAE Foundation currently has assets of US$10 million.
From investment earnings over the years and donations from individuals, corporations and foundations who want to support the work of INCAE Business School, the Foundation has donated more than $30 million to the school.
(When the Foundation receives a donation, 100% is sent to INCAE, i.e. the Foundation does not use any of this money for its own operations.)