Civic Intelligence

The Griffith Insurance Education Foundation

990 • Fiscal year 2015 • EIN 31-6052801

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 18, 2016

720 Providence RoadMalvern, PA 19355

(610) 644-2100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.41x

Higher debt load relative to assets than 75% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

82nd percentile

0.80x

Higher debt load relative to revenue than 82% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

80th percentile

21%

Higher net margin than 80% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

99th percentile

$1,052,057

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 79.8% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

70th percentile

7.8%

Faster asset growth than 70% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

63rd percentile

9.5%

Faster revenue growth than 63% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,549,146

Up $185,320 (+7.8%) from 2014

Net Assets

Up

$1,499,146

Up $185,320 (+14%) from 2014

Liabilities

Flat

$1,050,000

Flat from 2014

Revenue

Up

$1,318,578

Up $113,867 (+9.5%) from 2014

Expenses

Down

$1,038,599

Down $17,143 (-1.6%) from 2014

Net Income

Up

$279,979

Up $131,010 (+88%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2012: $2,313,275Liabilities 2012: $693,435Net Assets 2012: $1,619,8402012Assets 2013: $2,234,934Liabilities 2013: $1,050,000Net Assets 2013: $1,184,9342013Assets 2014: $2,363,826Liabilities 2014: $1,050,000Net Assets 2014: $1,313,8262014Assets 2015: $2,549,146Liabilities 2015: $1,050,000Net Assets 2015: $1,499,1462015Assets 2016: $2,753,615Liabilities 2016: $1,050,000Net Assets 2016: $1,703,6152016Assets 2017: $3,146,941Liabilities 2017: $1,050,000Net Assets 2017: $2,096,9412017Assets 2018: $3,126,793Liabilities 2018: $2,100,000Net Assets 2018: $1,026,7932018Assets 2019: $3,877,075Liabilities 2019: $262,500Net Assets 2019: $3,614,5752019Assets 2020: $954,393Liabilities 2020: $1,312,500Net Assets 2020: -$358,1072020Assets 2021: $958,976Liabilities 2021: $1,647,281Net Assets 2021: -$688,3052021Assets 2022: $388Liabilities 2022: $1,113,912Net Assets 2022: -$1,113,5242022Assets 2023: $0Liabilities 2023: $1,733,499Net Assets 2023: -$1,733,4992023Assets 2024: $205,317Liabilities 2024: $2,462,848Net Assets 2024: -$2,257,5312024

Highlighted filing

2015

Assets$2,549,146
Liabilities$1,050,000
Net Assets$1,499,146

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2012: $1,387,0602012Revenue 2013: $473,339Expenses 2013: $1,061,801Net Income 2013: -$588,4622013Revenue 2014: $1,204,711Expenses 2014: $1,055,742Net Income 2014: $148,9692014Revenue 2015: $1,318,578Expenses 2015: $1,038,599Net Income 2015: $279,9792015Revenue 2016: $1,191,481Expenses 2016: $1,042,224Net Income 2016: $149,2572016Revenue 2017: $1,310,931Expenses 2017: $1,047,201Net Income 2017: $263,7302017Revenue 2018: $216,872Expenses 2018: $1,046,415Net Income 2018: -$829,5432018Revenue 2019: $3,361,306Expenses 2019: $1,058,519Net Income 2019: $2,302,7872019Revenue 2020: $114,870Expenses 2020: $3,907,182Net Income 2020: -$3,792,3122020Revenue 2021: $4,602Expenses 2021: $334,800Net Income 2021: -$330,1982021Revenue 2022: $2,570Expenses 2022: $427,789Net Income 2022: -$425,2192022Revenue 2023: $0Expenses 2023: $619,975Net Income 2023: -$619,9752023Revenue 2024: $60,000Expenses 2024: $584,032Net Income 2024: -$524,0322024

Highlighted filing

2015

Revenue$1,318,578
Expenses$1,038,599
Net Income$279,979
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 18, 2016
Return Version
2015v2.1
Gross Receipts
$2,794,951
Mission and Program Overview

Mission

Griffith insurance education foundation promotes the study and teaching of risk management and all lines of insurance through educational programs targeting students and public policymakers.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,127,261$2,196,436▲ $69,175
Cash and Non-Interest-Bearing Accounts$231,031$347,577▲ $116,546
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,363,826$2,549,146▲ $185,320
Other Assets Total$5,534$5,133▼ $401
Liabilities
Accounts Payable and Accrued Expenses$1,050,000$1,050,000→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,050,000$1,050,000→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,153,618$1,367,227▲ $213,609
Permanently Rstr Net Assets$160,208$131,919▼ $28,289
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,313,826$1,499,146▲ $185,320
Total Liabilities and Net Assets / Fund Balance$2,363,826$2,549,146▲ $185,320

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$160,208-▲ $2,962-$131,919
2014$162,005$0▲ $7,203$0$160,208
2013$388,540$0▲ $15,883$112,918$162,005
2012$407,034$313▲ $29,693$0$388,540
2011$453,032$318▼ $5,816$0$407,034
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peter L MillerPresident & CEO
Elizabeth a SprinkelSecretary
Jeffrey a ScheidtTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
AicpcuManagement Services720 PROVIDENCE ROAD, Malvern, PA 19355$1,050,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,194,570
Program Service Revenue
$0
Investment Income
$117,019
Other Revenue
$6,989
All Other Contributions
$139,070
Change in Net Assets
$279,979

Audited Revenue Reconciliation

Revenue per Audited Statements
$286,089
Revenue Not Reported on Financial Statements
$1,032,489
Revenue Not Reported on Form 990
$48,360,576
Other Revenue Adjustments
$1,032,489
Total Revenue per Audited Statements
$48,646,665
Total Revenue per Form 990
$1,318,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,038,599
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$5,312--$5,312
Fees for Service Investment Mgmnt Fees$798--$798
Total Functional Expenses$1,038,599$0$0$1,038,599

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$42,673,339
Expenses Not Reported on Form 990$42,667,229
Total Expenses per Form 990$1,038,599
Expenses Not Reported on Financial Statements$1,032,489
Other Expense Adjustments$1,032,489
Expenses per Audited Statements$6,110
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,500
Fundraising Direct Expenses$17,511
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Namic Annual$30,000$24,500$17,511$6,989
Total Events$30,000$24,500$17,511$6,989
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Lines 1A, 3, 6, 7A, & 7B

On february 27, 2012, the american institute for chartered property casualty underwriters ("the institutes") and the griffith insurance education foundation ("foundation") entered into an affiliation agreement (the "agreement"), effective may 1, 2012, and a management services agreement ("msa"), in order to serve as a powerful, united voice to significantly influence insurance education, and work together to promote the study and teaching of risk management and insurance by providing insurance education and tools for higher education institutions, professors, students, and insurance education for public policy makers among other activities. The institutes, as of the effective date of the agreement, has sole authority and right to vote (i) the election of the foundation's board of directors; (ii) the amendment of the foundation's articles of incorporation; (iii) the merger or dissolution of the foundation; (vi) the amendment of the foundation's bylaws. The board of directors has the authority for all foundation matters and decisions with the exception of the election of the members and officers of the leadership council.

Form 990, Part VI, Section B, Line 11

The form 990 is prepared by a third-party accounting firm and reviewed by the board of directors for approval before filing.

Form 990, Part VI, Section B, Line 12C

An annual form is submitted by all trustees and key people and reviewed by the corporate secretary for potential conflicts of interest.

Form 990, Part VI, Section B, Lines 15A and 15B

The institutes' board of trustees utilizes the following process: the compensation arrangement must be approved by the approval body of the institutes composed entirely of individuals who do not have a conflict of interest with respect to the compensation arrangement. It also must rely on comparability data that demonstrates the fair market value of the compensation in question. The approval body must document how it reached its decisions including the data on which it relied.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Griffith Insurance Education Foundation
EIN
31-6052801
In Care Of
% JEFFREY A SCHEIDT
Phone
6106442100
Address
720 PROVIDENCE ROAD, MALVERN, PA 19355

Signing Officer

Name
Jeffrey a Scheidt
Title
Treasurer
Phone
6106442100
Signed
2016-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter L Miller
Formed
1947
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
35

Preparer

Firm
PricewaterhouseCoopers LLP
Address
2001 MARKET ST SUITE 1800, PHILADELPHIA, PA 19103
Preparer
Eric M Mcneil
Phone
2673303000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Griffith insurance education foundation promotes the study and teaching of risk management and all lines of insurance through educational programs targeting students and public policymakers.

Financial Statement Notes

Schedule D, Part V, Line 3A & 4

Promotes the study and teaching of risk management and all lines of insurance through educational programs targeting students and public policymakers.

Form 990, Schedule D, Part XI, Line 2D

Revenue from affiliate: $48,455,234

Form 990, Schedule D, Part XI, Line 4B

Contribution from affiliate: $1,050,000 less: golf outing expenses: 17,511 ----------- total $1,032,489

Form 990, Schedule D, Part XII, Line 2D

Expense from affiliate: $42,667,229

Form 990, Schedule D, Part XII, Line 4B

Management service fees: $1,050,000 less: golf outing expenses: 17,511 ----------- total $1,032,489

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IRS990/OtherExpensesGrp/ProgramServicesAmt01032489
IRS990/OtherExpensesGrp/ProgramServicesAmt15312
IRS990/OtherExpensesGrp/TotalAmt01032489
IRS990/OtherExpensesGrp/TotalAmt15312
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0160208
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0131919
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0PETER L MILLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01085561
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0119046
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01055742
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0104
IRS990/PYRevenuesLessExpensesAmt0148969
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01055742
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01204711
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0279979
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt01050000
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt074670
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt011000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0145000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt090000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0207000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0527670
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01194570
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01085561
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0416900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0617851
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0759799
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04074681
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt048637
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt053520
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt044424
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt026344
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt049424
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0222349
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0104
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06738
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08137
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt048637
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt053520
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt044424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt026344
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt049424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0222349
IRS990ScheduleA/InvestmentIncomeCYPct00.05139
IRS990ScheduleA/InvestmentIncomePYPct00.05480
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06989
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt014771
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt021760
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.82163
IRS990ScheduleA/PublicSupportPY509Pct00.75134
IRS990ScheduleA/PublicSupportTotal509Amt03555148
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt074670
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt011000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0145000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt090000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0207000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0527670
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01194570
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01085665
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0418195
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0624589
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0759799
IRS990ScheduleA/Total509Grp/TotalAmt04082818
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01250196
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01139185
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0462619
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0665704
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0809223
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04326927
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0160208
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0131919
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt031251
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02962
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0162005
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0160208
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt09000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07203
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0388540
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0162005
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0129500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt015883
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0112918
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0407034
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0313
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0388540
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt048500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt029693
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0453032
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0318
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0407034
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt040500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-5816
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt08500
IRS990ScheduleD/DonorAdvisedFundsHeldCnt04
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0131919
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt042667229
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01032489
IRS990ScheduleD/ExpensesSubtotalAmt06110
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-94658
IRS990ScheduleD/OtherExpensesIncludedAmt042667229
IRS990ScheduleD/OtherExpensesNotIncludedAmt01032489
IRS990ScheduleD/OtherRevenueAmt048455234
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01032489
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.87000
IRS990ScheduleD/RevenueNotReportedAmt048360576
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01032489
IRS990ScheduleD/RevenueSubtotalAmt0286089
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROMOTES THE STUDY AND TEACHING OF RISK MANAGEMENT AND ALL LINES OF INSURANCE THROUGH EDUCATIONAL PROGRAMS TARGETING STUDENTS AND PUBLIC POLICYMAKERS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REVENUE FROM AFFILIATE: $48,455,234
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CONTRIBUTION FROM AFFILIATE: $1,050,000 LESS: GOLF OUTING EXPENSES: 17,511 ----------- TOTAL $1,032,489

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