2024-04-09T13:20:44-05:00 2023-10-31 390859910 BAKER TILLY US LLP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2022-11-01 391466758 HERBERT V PROCHNOW EDUCATIONAL FOUNDATION INC HERB 6082431945 4721 S BILTMORE LANE MADISON WI 53718 KIRBY DAVIDSON PRESIDENT & CEO 6082431945 2024-04-09 1 KIRBY DAVIDSON 999009999 1 TROY MARINE CPA P00187863 4147775500 2024-04-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KIRBY DAVIDSON 4721 S BILTMORE LANE MADISON WI 53718 3354571 0 X WWW.GSB.ORG X 1983 WI TO INITIATE, FUND, MARKET AND IMPLEMENT PROGRAMS AND ACTIVITIES WHICH SUPPORT THE MISSION OF THE GRADUATE SCHOOL OF BANKING, INC. 22 21 0 20 0 0 3009 6500 0 0 654754 427866 0 0 657763 434366 178280 152145 0 0 0 0 0 0 0 112087 114352 290367 266497 367396 167869 8682125 8559160 0 104 8682125 8559056 TO INITIATE, FUND, MARKET, AND IMPLEMENT PROGRAMS AND ACTIVITIES WHICH SUPPORT THE MISSION OF THE GRADUATE SCHOOL OF BANKING, INC. 0 0 152145 152145 THE HERBERT V. PROCHNOW EDUCATIONAL FOUNDATION, INC. SUPPORTS RESEARCH IN BANKING AND EDUCATION AND SPONSORS A NUMBER OF EDUCATIONAL PROGRAMS INTENDED TO BENEFIT THE BANKING INDUSTRY. THIS YEAR, RECIPIENTS USED 95 SCHOLARSHIPS TO THE BANKING SCHOOL AND 9 TO THE HUMAN RESOURCES SCHOOL. 152145 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X KIRBY DAVIDSON 6082431945 4721 S BILTMORE LANE MADISON WI 53718 KIRBY DAVIDSON PRESIDENT & CEO 36.00 4.00 X X 27454 247087 55330 LORRIE TROGDEN IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 RANDY HULTGREN CHAIR 1.00 X X 0 0 0 KARLTON ADAM VICE CHAIR 1.00 X X 0 0 0 MICHAEL ADELMAN TREASURER 1.00 X X 0 0 0 BETSY JOHNSON MEMBER - BAB CHAIR 1.00 X 0 0 0 MICHAEL A WEAR MEMBER - CAC CHAIR 1.00 X 0 0 0 KEVIN PERNICK MEMBER - BAB VICE CHAIR (START 8/2023) 1.00 X 0 0 0 SUE BLACK BAB VICE CHAIR (TERM 7/2023) 1.00 X 0 0 0 VICKI KRAAI MEMBER - CAC VICE CHAIR 1.00 X 0 0 0 VALLABH SAMBAMURTHY UW REPRESENTATIVE 1.00 X 0 0 0 ADRIAN BEVERAGE MEMBER 1.00 X 0 0 0 AMBER VAN TIL MEMBER 1.00 X 0 0 0 BALLARD CASSADY MEMBER 1.00 X 0 0 0 DOUG WAREHAM MEMBER 1.00 X 0 0 0 JACKSON HATAWAY MEMBER 1.00 X 0 0 0 JENIFER WALLER MEMBER 1.00 X 0 0 0 JOE WITT MEMBER 1.00 X 0 0 0 JOHN SORENSEN MEMBER 1.00 X 0 0 0 RICHARD BAIER MEMBER 1.00 X 0 0 0 RICK CLAYBURGH MEMBER 1.00 X 0 0 0 ROSE OSWALD POELS MEMBER 1.00 X 0 0 0 T RANN PAYNTER MEMBER 1.00 X 0 0 0 27454 247087 55330 0 0 1 0 0 6500 6500 312095 312095 3035976 2920205 115771 115771 115771 434366 0 0 427866 152145 152145 40000 40000 8432 8432 54605 54605 81 81 11234 11234 266497 152145 114352 0 24997 31256 17808 31372 1087 879 8638233 8495653 8682125 8559160 0 104 0 104 X 8664125 8544056 18000 15000 8682125 8559056 8682125 8559160 167869 -290938 0 X 1 X 0 1 0 X X 1 GRADUATE SCHOOL OF BANKING INC 391467668 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 X PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. THE FOUNDATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES RECOGNITION AND DISCLOSURE OF UNCERTAIN TAX POSITIONS IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON TECHNICAL MERITS, THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE FOUNDATION DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, AND ACCORDINGLY, THEY HAVE NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 HUMAN RESOURCE MANAGEMENT SCHOOL SCHOLARSHIPS 9 6300 GRADUATE SCHOOL SCHOLARSHIPS 95 145845 PART I, LINE 2: THE ORGANIZATION TRACKS EACH SCHOLARSHIP AND THE USE OF THE FUNDS AWARDED. AMOUNTS USED AND UNUSED ARE TRACKED ANNUALLY AND RECONCILED AT FISCAL YEAR END. X 1 1 0 0 0 0 0 0 0 0 0 KIRBY DAVIDSON PRESIDENT & CEO 24918 224259 2536 22828 0 0 2687 24182 2846 25615 32987 296884 0 0 PART I, LINE 1A REIMBURSEMENT FOR COMPANION TRAVEL IS PROVIDED IF IT IS AN APPROVED SPOUSAL FUNCTION SUCH AS A BOARD MEETING. PART I, LINE 3 THE COMPENSATION OF THE GRADUATE SCHOOL OF BANKING'S (GSB) PRESIDENT/CEO IS DETERMINED BY THE GSB EXECUTIVE COMMITTEE OF THE GSB BOARD OF TRUSTEES. INDIVIDUALS SERVING ON THIS COMMITTEE ARE FROM VARIOUS LOCATIONS THROUGHOUT THE UNITED STATES, WITH ONE INDIVIDUAL RESIDING LOCALLY IN WISCONSIN. EACH COMMITTEE MEMBER HAS ACCESS TO THE COMPARABILITY DATA. THE COMMITTEE DELIBERATES AND COMES TO A UNANIMOUS DECISION FOR THE ANNUAL COMPENSATION OF THE GSB PRESIDENT/CEO. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PRESIDENT/CEO AND CFO REVIEW THE DRAFT 990. AFTER THEY HAVE MADE ANY NEEDED CHANGES, THE DRAFT IS DISTRIBUTED TO ALL TRUSTEES PRIOR TO FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS CONTINUALLY AND RANDOMLY REVIEWED AND CHECKED FOR COMPLIANCE BY THE ORGANIZATION'S PRESIDENT/CEO. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT/CEO IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. INDIVIDUALS SERVING ON THIS COMMITTEE ARE FROM VARIOUS LOCATIONS THROUGHOUT THE UNITED STATES, WITH ONE INDIVIDUAL RESIDING LOCALLY IN WISCONSIN. EACH COMMITTEE MEMBER HAS ACCESS TO THE COMPARABILITY DATA. THE COMMITTEE DELIBERATES AND COMES TO A UNANIMOUS DECISION FOR THE ANNUAL COMPENSATION OF THE PRESIDENT/CEO. 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 REQUEST. GRADUATE SCHOOL OF BANKING INC 4721 S BILTMORE LANE MADISON WI 53718 391467668 SERVE THE NEEDS OF PROFESSIONALS & ORGANIZATIONS IN BANKING. WI 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 GRADUATE SCHOOL OF BANKING INC M 40000 FMV