2023-09-21T08:53:42-05:00 2022-12-31 PWC US TAX LLP 2001 MARKET STREET SUITE 1800 PHILADELPHIA PA 19103 990 2022-01-01 316052801 GRIFFITH INSURANCE EDUCATION FOUNDATION % JEFFREY A SCHEIDT GRIF 6106442100 720 PROVIDENCE ROAD MALVERN PA 19355 JEFFREY A SCHEIDT TREASURER 6106442100 2023-09-18 true JEFFREY A SCHEIDT 999009999 Albert N Antonelli P01496650 2673303000 2023-09-13 2 2022 2023-04-26 12:10:37Z PETER L MILLER 720 PROVIDENCE ROAD MALVERN PA 19355 2570 false X WWW.GRIFFITHFOUNDATION.ORG X 1947 OH SEE SCHEDULE O 3 0 0 9 0 4300 1500 0 0 302 1070 0 0 4602 2570 0 0 0 0 0 0 0 0 0 334800 427789 334800 427789 -330198 -425219 958976 388 1647281 1113912 -688305 -1113524 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. false false 427789 In 2022, we had over 1,800 people attend 32 sessions to hear unbiased education designed to equip public policymakers and their staff with the risk management and insurance information they need to make informed decisions, leading to better public policy. 427789 true false false false false true false false false true false false false false false false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false false false X 3 0 false false false false true true true true true false false true true true true true true false false false X X JEFFREY A SCHEIDT 6106442100 720 PROVIDENCE ROAD MALVERN PA 19355 PETER L MILLER President & CEO 2.0 51.0 X X 0 2444478 214918 KATHERINE HOROWITZ SECRETARY 2.0 51.0 X X 0 762188 58285 JEFFREY A SCHEIDT TREASURER 2.0 51.0 X X 0 448924 65035 0 3655590 338238 0 false true false AICPCU 720 PROVIDENCE ROAD MALVERN PA 19355 SHARED RESOURCES 426633 1 1500 1500 0 1070 1070 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2570 0 1070 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SHARED RESOURCE SERVICES 426633 426633 EDUCATIONAL RELATED 1156 1156 427789 427789 0 0 958976 388 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 958976 388 1647281 1113912 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1647281 1113912 X -688305 -1113524 0 0 -688305 -1113524 958976 388 -425219 X false true X true false X 74508 3217500 60250 4300 1500 3358058 0 0 0 0 74508 3217500 60250 4300 1500 3358058 74508 67500 60250 4300 206558 0 74508 67500 60250 4300 206558 3151500 76342 61050 19606 302 1070 158370 0 76342 61050 19606 302 1070 158370 0 8767 8767 159617 3278550 79856 4602 2570 3525195 0.89399 0.88761 0.04492 0.05078 X 3 132804 true true 155053 -22249 132804 140966 14087 155053 127887 13079 140966 121401 6486 127887 139900 -12999 5500 121401 0.69000 0.31000 false false FORM 990, SCHEDULE D, PART V, LINE 3A & 4 PROMOTES THE STUDY AND TEACHING OF RISK MANAGEMENT AND ALL LINES OF INSURANCE EDUCATIONAL PROGRAMS TARGETING STUDENTS AND PUBLIC POLICY MAKERS. false true false false false false false false false PETER L MILLER President & CEO 0 1032785 903120 508573 198800 16118 0 2659396 JEFFREY A SCHEIDT TREASURER 0 341548 105000 2376 48800 16235 0 513959 KATHERINE HOROWITZ SECRETARY 0 474647 280000 7541 43300 14985 0 820473 FORM 990, SCHEDULE J, PART I, LINE 3 AS PROVIDED IN THE FORM 990, SCHEDULE J INSTRUCTIONS, SINCE THE ORGANIZATION RELIES ON A RELATED ORGANIZATION, WHICH USES ONE OR MORE OF THE METHODS DESCRIBED ON LINE 3 TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION, THIS QUESTION HAS BEEN LEFT UNANSWERED. REFER TO SCHEDULE O FOR A DESCRIPTION OF THE COMPENSATION REVIEW AND APPROVAL PROCESS. FORM 990, SCHEDULE J, PART I, LINE 4B A RELATED ORGANIZATION, THE AMERICAN INSTITUTE FOR CHARTERED PROPERTY CASUALTY UNDERWRITERS, MAINTAINS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN (THE "PLAN") SUBJECT TO INTERNAL REVENUE CODE SECTION 457(F). UNDER THE PLAN, THE ENTIRE ACCRUED BENEFIT BECOMES 100% VESTED AFTER 3 YEARS OF SERVICE. PARTICIPANTS MUST REMAIN IN CONTINUOUS EMPLOYMENT FOR TWELVE (12) CONSECUTIVE MONTHS TO RECEIVE CREDIT FOR ONE (1) YEAR OF SERVICE. AN ACCRUED BENEFIT UNDER THE PLAN SHALL BE DISTRIBUTED ON THE DATE OR DATES ON WHICH THE ACCRUED BENEFIT BECOMES VESTED. TERMINATION OF SERVICES WILL RESULT IN FORFEITURE. PETER MILLER ACCRUED A BENEFIT OF $150,000 UNDER THE PLAN DURING CALENDAR YEAR 2022 AND THIS AMOUNT IS INCLUDED ON SCHEDULE J, PART II. ADDITIONALLY, MR. MILLER RECEIVED A DISTRIBUTION FROM THE PLAN IN THE AMOUNT OF $506,197, WHICH REPRESENTS THE AMOUNT THAT BECAME VESTED IN 2022. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). 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. FORM 990, PART VI, SECTION A, LINES 1A, 6, 7A, and 7B 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 SHARED RESOURCES AGREEMENT ("SRA"), 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 (I) ELECT THE FOUNDATION'S BOARD OF DIRECTORS; (II) AMEND THE FOUNDATION'S ARTICLES OF INCORPORATION; (III) MERGE OR DISSOLVE THE FOUNDATION, AND; (VI) AMEND THE FOUNDATION'S BYLAWS. THE BOARD OF DIRECTORS HAS THE AUTHORITY FOR ALL OTHER FOUNDATION MATTERS AND DECISIONS WITH THE EXCEPTION OF THE ELECTION OF THE MEMBERS AND OFFICERS OF THE FOUNDATION'S LEADERSHIP COUNCIL. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ("COVERED OFFICIALS) ON AN ANNUAL BASIS. EACH COVERED OFFICIAL MUST COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT OF DISCLOSURE. IF A CONFLICT IS IDENTIFIED, IT IS EVALUATED AND MAY BE APPROVED IF IT IS DETERMINED TO BE JUST, FAIR, AND REASONABLE TO THE ORGANIZATION. IF IT IS DETERMINED THAT THE CONFLICT IS NOT JUST, FAIR, AND REASONABLE TO THE ORGANIZATION, APPROPRIATE ACTION IS TAKEN TO ELIMINATE THE CONFLICT, WHICH CAN INCLUDE ASKING THE INDIVIDUAL TO END A CONFLICTING BUSINESS ARRANGEMENT, RETURN REMUNERATION TO THE ORGANIZATION, OR OTHERWISE DISCONTINUE THE ARRANGEMENT CAUSING THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 15 THIS ORGANIZATION IS AN AFFILIATE OF THE AMERICAN INSTITUTE FOR CHARTERED PROPERTY CASUALTY UNDERWRITERS ("THE INSTITUTES"). COMPENSATION ARRANGEMENTS INVOLVING ANY OF THE ORGANIZATION'S OFFICER AND/OR KEY EMPLOYEES ARE ESTABLISHED BY THE INSTITUTES PURSUANT TO A PROCESS THAT SATISFIES THE REBUTTABLE PRESUMPTION PROCEDURE AVAILABLE FOR IRC SECTION 4958 EXCESS BENEFIT TRANSACTION TAX PURPOSES, WHICH REQUIRES A REVIEW OF COMPENSATION DETERMINATIONS BY DISINTERESTED PERSONS, USE OF APPROPRIATE COMPARABILITY DATA, AND CONTEMPORANEOUS DOCUMENTATION OF THE PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. AICPCU 720 PROVIDENCE ROAD MALVERN PA 19355 231352012 EDUCATION PA 501(C)(3) 10 NA false SOCIETY OF CHARTERED PROPERTY & CASUALTY 720 PROVIDENCE ROAD MALVERN PA 19355 231552247 MEMBER ASSOC. PA 501(C)(6) N/A AICPCU false The Institutes RiskStream Collaborative 720 PROVIDENCE ROAD MALVERN PA 19355 822367323 MEMBER ASSOC. DE 501(C)(6) N/A AICPCU false INTERNATIONAL INSURANCE SOCIETY INC 101 ASTOR PLACE SUITE 202 NEW YORK NY 10003 310749196 INSURANCE ED. DE 501(C)(3) 10 AICPCU false THE PACIFIC INSURANCE CONFERENCE LTD 18 CHATER ROAD CENTRAL HONG KONG HK EDUCATION HK AICPCU false INSURANCE INFORMATION INSTITUTE INC 110 WILLIAM STREET NEW YORK NY 10038 131912455 INSURANCE ED. NY 501(C)(6) N/A AICPCU false CATASTROPHE RESILIENCY COUNCIL 720 PROVIDENCE ROAD MALVERN PA 19355 871626866 INSURANCE ED. DE 501(C)(6) N/A AICPCU false BLACK INSURANCE INDUSTRY COLLECTIVE 720 PROVIDENCE ROAD MALVERN PA 19355 881174446 MEMBER ASSOC. DE 501(C)(6) N/A AICPCU false RISK KNOWLEDGE GROUP 720 PROVIDENCE ROAD MALVERN PA 19355 844623544 EDUCATION DE AICPCU C CORP false IIS LONDON LTD THE ST BOTOLPH BUILDING HOUNDSDITCH UK EC3A 7AR EDUCATIONAL UK IIS C CORP false IIS GLOBAL INSURANCE LTD 9 TEMASEK BOULEVARD SUNTEC TOWER TWO SN 038989 EDUCATIONAL SN IIS C CORP false RISKSTREAM GLOBAL INITIATIVES 720 PROVIDENCE ROAD SUITE 100 MALVERN PA 19355 844685676 INSURANCE DE AICPCU C CORP false RISKSTREAM LABS 720 PROVIDENCE ROAD SUITE 100 MALVERN PA 19355 844706483 INSURANCE DE AICPCU C CORP false TI TRAVEL INC 720 PROVIDENCE ROAD SUITE 100 MALVERN PA 19355 844623544 INSURANCE DE AICPCU C CORP false false false false false false false false false false false false false false false false false false true false