2025-11-14T11:54:42-06:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 521811691 THE COUNCIL FOUNDATION COUN 2026624313 701 PENNSYLVANIA AVE NW 750 WASHINGTON DC 20004 JOEL R WOOD SECRETARY 2026624313 2025-11-14 1 0 ELIZABETH W HELLER P00397829 3019519090 2024 2025-03-06 01:10:19Z JOEL R WOOD 701 PENNSYLVANIA AVE NW 750 WASHINGTON DC 20004 1388869 0 X WWW.CIAB.COM/THE-COUNCIL-FOUNDATION X 1993 DC SEE PART III, LINE 1 20 20 0 19 0 0 558387 572050 0 0 176471 146812 0 0 734858 718862 503333 475833 0 0 0 0 0 0 0 104617 203930 607950 679763 126908 39099 3402310 3574741 46232 70275 3356078 3504466 THE FOUNDATION'S MISSION IS TO SECURE THE FUTURE OF THE COMMERCIAL INSURANCE BROKERAGE BUSINESS BY ATTRACTING AND DEVELOPING TOMORROW'S TALENT AND SUPPORTING FORWARD-THINKING RESEARCH. 0 0 632189 475833 THE FOUNDATIONS AWARDS SCHOLARSHIPS TO SUPPORT SELECT COLLEGE AND UNIVERSITY STUDENTS CURRENTLY INTERNING AT COUNCIL MEMBER FIRMS THAT ALSO MAJOR IN BUSINESS, RISK MANAGEMENT AND INSURANCE. 632189 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CO X JOEL WOOD 2027834400 701 PENNSYLVANIA AVENUE NW 750 WASHINGTON DC 20004 ROBERT COHEN CHAIR 0.10 X X 0 0 0 JOHN TALLARIDA VICE CHAIR 0.10 0.30 X X 0 0 0 NANCY MELLARD TREASURER 0.10 X X 0 0 0 JOEL R WOOD SECRETARY 1.12 36.38 X X 0 1028646 78473 TOM HUGHSTON DIRECTOR 0.10 0.30 X 0 0 0 JEFF RODRIGUEZ DIRECTOR 0.10 0.30 X 0 0 0 ROBERT CAWLEY DIRECTOR 0.10 0.30 X 0 0 0 BUMPY TRICHE DIRECTOR 0.10 0.30 X 0 0 0 DOUGLAS HAMMOND DIRECTOR 0.10 0.30 X 0 0 0 SCOTT PURVIANCE DIRECTOR 0.10 0.30 X 0 0 0 MICHAEL VICTORSON DIRECTOR 0.10 0.30 X 0 0 0 DAVID ESLICK DIRECTOR 0.10 X 0 0 0 KEN EWELL DIRECTOR 0.10 X 0 0 0 JOHN HOWARD DIRECTOR 0.10 0.30 X 0 0 0 MARKHAM R MCKNIGHT DIRECTOR 0.10 X 0 0 0 TARUN CHOPRA DIRECTOR 0.10 X 0 0 0 ROBERT HARRISON DIRECTOR 0.10 X 0 0 0 DAVID BECKER DIRECTOR 0.10 X 0 0 0 J HYATT BROWN DIRECTOR 0.10 X 0 0 0 BILL D HENRY DIRECTOR 0.10 X 0 0 0 KEN A CRERAR EXECUTIVE CHAIR (UNTIL 6/24) 1.87 37.50 X 0 5567815 53712 CATHERINE RICHARDSON COO 1.50 36.00 X 0 726196 69798 BENITA HARRISON-WICKLINE CFO 1.87 35.62 X 0 460437 72135 ELIZABETH MCDAID FOUNDATION, EVP 11.25 26.25 X 0 379734 69089 SUSAN RUSHFORD SVP, MKTG & COMMUNICATIONS 1.87 35.62 X 0 373003 68801 JULIA RUIZ SVP, LEADERSHIP & MGMT RESOURCES 3.00 34.50 X 0 257012 55961 PAULA STALEY SVP, MEETINGS 1.12 36.38 X 0 218890 59497 NICOLE VASILE VP, MKTG & COMMUNICATIONS 1.87 35.62 X 0 187070 28588 0 9198803 556054 0 0 1 0 0 572050 572050 81685 81685 735134 670007 65127 65127 65127 718862 0 0 146812 83333 83333 392500 392500 19086 19086 23511 23511 35 35 EDUCATION SUPPORT AND R 113688 113688 SPONSORSHIP 25000 25000 PROGRAMS/GRANTS/RESEARC 17668 17668 TAXES, LICENSES, & FEES 3987 3987 955 955 679763 632189 47574 0 432132 91779 42753 32650 11075 7500 66509 1569694 2745615 1210430 527201 136226 103487 3402310 3574741 46232 70275 46232 70275 X 2615217 2780713 740861 723753 3356078 3504466 3402310 3574741 39099 109289 0 X 0 1 X 1 0 X X 1 COUNCIL OF INSURANCE AGENTS 131952497 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B: DETERMINATION IS MADE ON A CONTINUAL BASIS THROUGH THE MONITORING OF SUPPORTED ORGANIZATION REVENUES AND INVESTMENT INCOME, IN ACCORDANCE WITH THE REQUIREMENTS OF THE IRC SECTION 509(A)(2) PUBLIC SUPPORT TEST. PART IV, SECTION A, LINE 3C THE FOUNDATION DOES NOT PROVIDE DIRECT SUPPORT TO ITS SUPPORTED ORGANIZATION. RATHER, IT PURSUES CHARITABLE PURPOSES THAT FURTHER THE EDUCATIONAL PURPOSES OF THE ORGANIZATION IT SUPPORTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 352026 17592 10000 359618 307080 25000 29946 10000 352026 360393 -43313 10000 307080 343257 27136 10000 360393 316187 32070 5000 343257 0.00000 0.76470 0.23530 0 0 0 ALTERNATIVE INVESTMENTS 527201 F 527201 1118716 109289 314076 423365 695351 23511 23511 718862 970328 314076 314076 656252 23511 23511 679763 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS ARE TO PROVIDE SCHOLARSHIPS TO PURSUE CAREERS IN RISK MANAGEMENT INSURANCE. 1 UNIVERSITY OF MISSISSIPPI FOUNDATION 406 UNIVERSITY AVENUE OXFORD MS 38655 237310293 501(C)(3) 83333 0 SCHOOL INITIATIVE FUND 1 0 SCHOLARSHIPS 82 392500 PART I, LINE 2: GRANTEES ARE REQUIRED TO PROVIDE REGULAR REPORTS OF THEIR ACTIVITIES. 0 1 0 0 0 0 0 0 0 KEN A CRERAR EXECUTIVE CHAIR (UNTIL 6/24) 0 1200941 0 600000 0 3766874 0 46000 0 7712 0 5621527 0 3766874 JOEL R WOOD SECRETARY 0 939396 0 69760 0 19490 0 46000 0 32473 0 1107119 0 0 CATHERINE RICHARDSON COO 0 686196 0 40000 0 0 0 48836 0 20962 0 795994 0 0 BENITA HARRISON-WICKLINE CFO 0 392146 0 36000 0 32291 0 48836 0 23299 0 532572 0 0 ELIZABETH MCDAID FOUNDATION, EVP 0 362121 0 17613 0 0 0 46000 0 23089 0 448823 0 0 SUSAN RUSHFORD SVP, MKTG & COMMUNICATIONS 0 356753 0 16250 0 0 0 46000 0 22801 0 441804 0 0 JULIA RUIZ SVP, LEADERSHIP & MGMT RESOURCES 0 239512 0 17500 0 0 0 33985 0 21976 0 312973 0 0 PAULA STALEY SVP, MEETINGS 0 202890 0 16000 0 0 0 29137 0 30360 0 278387 0 0 NICOLE VASILE VP, MKTG & COMMUNICATIONS 0 175070 0 12000 0 0 0 24762 0 3826 0 215658 0 0 PART I, LINE 3 THE COUNCIL FOUNDATION, INC. DOES NOT COMPENSATE ANY EMPLOYEES DIRECTLY. ALL COMPENSATION SHOWN IN PART VII AND SCHEDULE J, PART II, IS PAID BY ITS RELATED ORGANIZATION, COUNCIL OF INSURANCE AGENTS AND BROKERS. THE COMPENSATION POLICY OF THE RELATED ORGANIZATION IS AS FOLLOWS: THE COMPENSATION COMMITTEE REVIEWS AND APPROVES COMPENSATION BASED ON CURRENT ENVIRONMENT, COMPETITIVE MARKET, AND THE REPORTS OF COMPENSATION SURVEYS, STUDIES AND OTHER MARKET DATA. PART I, LINE 4B EFFECTIVE JANUARY 1, 2013, THE COUNCIL (A RELATED ORGANIZATION) ESTABLISHED A DEFERRED COMPENSATION PLAN UNDER SECTION 457(F) OF THE INTERNAL REVENUE CODE. KEN A. CRERAR, 457(F). HE RECEIVED $3,646,451 DURING CALENDAR YEAR 2024. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO AND THE CFO OF THE COUNCIL. PRIOR TO FILING THE COUNCIL FOUNDATION BOARD OF DIRECTORS ALSO HAVE AN OPPORTUNITY TO REVIEW THE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION REQUIRES DIRECTORS TO DISCLOSE ANNUALLY ANY INTEREST THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COUNCIL FOUNDATION RELIES ON THE COUNCIL OF INSURANCE AGENTS AND BROKERS (CIAB), A RELATED ORGANIZATION TO DETERMINE COMPENSATION. CIAB'S COMPENSATION COMMITTEE REVIEWS AND APPROVES COMPENSATION BASED ON CURRENT ENVIRONMENT, COMPETITIVE MARKET, AND THE REPORTS OF COMPENSATION SURVEYS, STUDIES AND OTHER MARKET DATA. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS ANNUAL REPORTS, GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). COUNCIL OF INSURANCE AGENTS & BROKERS 701 PENNSYLVANIA AVENUE NW 750 WASHINGTON DC 20004 131952497 PROMOTE LEADERSHIP IN INSURANCE AGENT/BROKER PROFESSION DC 501(C)(6) 0 THE COUNCIL FOR INSURANCE AGENTS AND BROKERS PAC 701 PENNSYLVANIA AVENUE NW 750 WASHINGTON DC 20004 PROVIDE SUPPORT FOR CANDIDATES IN FEDERAL ELECTIONS DC 527 CIAB 0 PRODUCTIVITY PLUS INC 701 PENNSYLVANIA AVE NW WASHINGTON DC 20004 521811694 INSURANCE PREMIUM FINANCING AND OTHER ACTIVITIES DC N/A C 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 COUNCIL OF INSURANCE AGENTS & BROKERS O 314076 COST COUNCIL OF INSURANCE AGENTS & BROKERS D 103487 FMV