2025-10-06T15:00:10-05:00 2024-12-31 221655803 DORFMAN ABRAMS MUSIC LLC 250 PEHLE AVE SUITE 702 SADDLE BROOK NJ 07663 990 2024-01-01 581420617 SPENCER EDUCATIONAL FOUNDATION INC SPEN 2126556208 PO BOX 23613 NEW YORK NY 100873613 MEGAN MILLER EXECUTIVE DIRECTOR 2126556208 2025-10-01 1 0 PATRICIA DIAZ CPA P01362006 2014039750 2024 2025-03-06 01:10:19Z MEGAN MILLER PO BOX 23613 NEW YORK NY 100873613 6065811 0 X WWW.SPENCERED.ORG X 1979 GA SPENCER EDUCATIONAL FOUNDATION, INC.'S ("THE FOUNDATION") MISSION IS TO FUND THE EDUCATION OF TOMORROW'S RISK MANAGEMENT AND INSURANCE INDUSTRY LEADERS. SINCE ITS FOUNDING IN 1980, SPENCER HAS AWARDED NEARLY $10.2 MILLION IN SCHOLARSHIPS TO STUDENTS STUDYING RISK MANAGEMENT AND INSURANCE. SPENCER HAS DIRECTLY IMPACTED AN ESTIMATED 110,000 STUDENTS THROUGH ITS PROGRAMMING. 21 21 0 50 0 0 2177419 3076775 0 0 296985 469737 9883 8547 2484287 3555059 1597471 1867354 0 0 898557 923997 0 0 127134 237149 292207 2733177 3083558 -248890 471501 9493138 10061035 419323 389254 9073815 9671781 X TO FACILITATE THE FUNDING OF TOMORROW'S RISK MANAGEMENT AND INSURANCE LEADERS THROUGH SCHOLARSHIPS, GRANTS, INTERNSHIP OPPORTUNITIES, ON AND OFF CAMPUS EXPERIENTIAL LEARNING, AND SUPPORT OF RISK MANAGEMENT CURRICULA. 0 0 717500 717500 SCHOLARSHIPS - RISK MANAGEMENT AND INSURANCE STUDENTS ARE AT THE HEART OF EVERYTHING SPENCER DOES. SPENCER AWARDS UNDERGRADUATE, GRADUATE, AND PH.D. SCHOLARSHIPS TO STUDENTS STUDYING AT INSTITUTIONS IN THE UNITED STATES AND CANADA, AS WELL AS PART-TIME GRADUATE SCHOLARSHIPS TO RISK AND INSURANCE PROFESSIONALS CONTINUING THEIR EDUCATION.DURING 2024, SPENCER AWARDED 105 IN SCHOLARSHIPS 375729 375729 GENERAL GRANTS - SPENCER'S GRANTS PROGRAM SUPPORTS INITIATIVES THAT ALIGN WITH THE FOUNDATION'S MISSION TO FUND THE EDUCATION OF TOMORROW'S RISK MANAGEMENT AND INSURANCE LEADERS. SPENCER CONSIDERS GRANT PROPOSALS THAT FALL IN THE FOLLOWING TWO CRITICAL BRANCHES: 1. PROVIDE EXPERIENTIAL LEARNING OPPORTUNITIES FOR RISK MANAGEMENT AND INSURANCE STUDENTS, AND 2. ATTRACT NEW TALENT TO THE INDUSTRY.DURING 2024, SPENCER AWARDED 24 GENERAL GRANTS 236615 236615 INTERNSHIPS - THROUGH OUR INTERNSHIP GRANT PROGRAM, SPENCER AIMS TO SUPPORT TOMORROW'S RISK MANAGEMENT AND INSURANCE LEADERS THROUGH EXPERIENTIAL LEARNING OPPORTUNITIES. SPENCER PROVIDES INTERNSHIP GRANTS OF UP TO $7,500 TO RISK MANAGERS TO HIRE INTERNS IN THE RISK MANAGEMENT FUNCTION OF THEIR ORGANIZATIONS. EMPLOYERS APPLY FOR THE GRANTS FROM SPENCER, AND STUDENTS THEN APPLY DIRECTLY WITH THE COMPANIES FOR THE INTERNSHIP OPPORTUNITIES.DURING 2024, SPENCER AWARDED 31 INTERSHIP GRANTS 1462470 537510 COURSE DEVELOPMENT - SPENCER'S COURSE DEVELOPMENT GRANT PROGRAM SUPPORTS INTRODUCTORY RISK MANAGEMENT AND INSURANCE COURSE DEVELOPMENT - FOR UNIVERSITIES THAT HAVE NOT PREVIOUSLY OFFERED ANY SUCH INSTRUCTION - AS WELL AS PROPOSALS FOR ADDITIONAL COURSE CURRICULUM DEVELOPMENT AND PROGRAM DEVELOPMENT - FOR UNIVERSITIES LOOKING TO DEVELOP A RMI PROGRAM AND/OR EXPAND EXISTING RMI COURSE OFFERINGS, WITH AN EMPHASIS ON NEW AND EMERGING AREAS IN THE INDUSTRY.DURING 2024, SPENCER AWARDED 14 COURSE DEVELOPMENT GRANTS. RISK MANAGER ON CAMPUS GRANTS - FOR 24 YEARS, SPENCER'S RISK MANAGER ON CAMPUS (RMOC) PROGRAM HAS BEEN PRAISED BY BOTH UNIVERSITIES AND RISK MANAGERS AS A REWARDING EDUCATIONAL EXPERIENCE FOR STUDENTS AND A CHANCE TO GIVE BACK TO THE PROFESSION. THE PROGRAM BRINGS A PRACTICING RISK MANAGER TO THE UNIVERSITY TO PRESENT AND ENGAGE WITH STUDENTS ABOUT THE RISK MANAGEMENT PROFESSION AND INSURANCE INDUSTRY.STUDENT RISK MANAGEMENT CHALLENGE - THE SPENCER-RIMS STUDENT RISK CHALLENGE IS AN INTERNATIONAL STUDENT COMPETITION IN WHICH STUDENTS SHOWCASE THEIR RESEARCH SKILLS AND APPLY THEIR RISK MANAGEMENT KNOWLEDGE TO REAL-LIFE SCENARIO. THE COMPETITION REQUIRES UNIVERSITY/COLLEGE TEAMS COMPRISING OF FOUR STUDENTS TO DEVELOP AND PRESENT A COMPREHENSIVE RISK MANAGEMENT REPORT BASED ON A CASE STUDY. A JUDGING COMMITTEE EVALUATES THE TEAMS' SOLUTIONS, AND THE TOP EIGHT TEAMS ARE INVITED TO PRESENT THEIR STRATEGIES AT THE ANNUAL RIMS RISKWORLD CONFERENCE. 1462470 537510 2792314 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 1 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X MEGAN MILLER 2672071759 PO BOX 23613 NEW YORK NY 10087 X STEPHEN ACUNTO JR DIRECTOR 1.00 X 0 0 0 JOSEPH CELLURA DIRECTOR 1.00 X 0 0 0 DR CASSANDRA COLE DIRECTOR 1.00 X 0 0 0 RON DAVIS RETIRED 112024 DIRECTOR 1.00 X 0 0 0 ANDREA M DUDEK DIRECTOR 1.00 X 0 0 0 DUNCAN ELLIS DIRECTOR 1.00 X 0 0 0 JULIE GIBSON DIRECTOR 1.00 X 0 0 0 CHRISTOPHER J LANG RET 121124 DIRECTOR 1.00 X 0 0 0 JOSEPH V LAROCCO JR DIRECTOR 1.00 X 0 0 0 DR WEILI LU DIRECTOR 1.00 X 0 0 0 MICHELLE MCLANE JOINED 1124 DIRECTOR 1.00 X 0 0 0 B PUCKETT GALLAGHER DIRECTOR 1.00 X 0 0 0 MICHELE J SANSONE DIRECTOR 1.00 X 0 0 0 MATTHEW SCHNEIDER RETIRED 121124 DIRECTOR 1.00 X 0 0 0 LORI SEIDENBERG RETIRED 1124 DIRECTOR 1.00 X 0 0 0 BEN SLOOP DIRECTOR 1.00 X 0 0 0 SUE SRINIVASAN DIRECTOR 1.00 X 0 0 0 ELIZABETH RICCIARDELLI DIRECTOR 1.00 X 0 0 0 ROBIN ROEDER DIRECTOR 1.00 X 0 0 0 ALBAN LALOUM JOINED 1124 DIRECTOR 1.00 X 0 0 0 TERESA BLACK RETIRED 121124 DIRECTOR 1.00 X X 0 0 0 KRISTEN BESSETTE RET 121124 DIRECTOR 1.00 X X 0 0 0 JOHNELL HOLLY CHAIR 5.00 X X 0 0 0 JEFFREY COHEN PRESIDENT 3.00 X X 0 0 0 BOB THOMAS VICE PRESIDENT 3.00 X X 0 0 0 JACKIE BOLIG SECRETARY 3.00 X X 0 0 0 MICHAEL VANACKER TREASURER 3.00 X X 0 0 0 MEGAN MILLER EXECUTIVE DIRECTOR 40.00 X 341738 0 54860 GINA M BOYLE FINANCE AND OPERATIONS DIR 40.00 X 22750 0 1088 TANDEKA NOMVETE EXTERNAL ENGAGEMENT DIRECT 40.00 X 161731 0 28144 KENNETH GOLDSTEIN UNIVERSITY PARTNERSHIPS DI 40.00 X 170048 0 41612 696267 0 125704 3 0 1 0 0 1161953 1914822 3076775 302699 302699 2233630 2066592 167038 167038 167038 444160 1161953 444160 0 MISCELLANEOUS INCOME 900099 8547 8547 8547 3555059 0 0 478284 1019566 1019566 705000 705000 142788 142788 420437 309368 29365 81704 368022 339141 16756 12125 26763 25846 917 55683 50750 3656 1277 53092 45720 2999 4373 69212 69212 20087 15441 4646 1500 1500 29488 5900 13695 9893 12160 5027 3777 3356 107413 95617 8509 3287 5840 5840 11534 2150 9384 BAD DEEBT EXPENSE 30000 30000 FUNDRAISING EXPENSE 4973 4973 3083558 2792314 164110 127134 386330 522900 700000 49641 932178 1591790 96804 116039 10215 0 10215 10215 7354444 7754975 13167 15475 9493138 10061035 181216 170846 128107 153408 110000 65000 419323 389254 X 6857004 6822869 2216811 2848912 9073815 9671781 9493138 10061035 471501 145727 -19262 0 X X 0 1 X 1 0 X 1782768 1681826 2529929 2177419 3076775 11248717 1782768 1681826 2529929 2177419 3076775 11248717 754300 10494417 79924 106485 173504 296985 302699 959597 10944 10944 35939 2774 8579 9883 8547 65722 12284980 939489 0.85420 0.91850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 406627 7425 414052 371700 34927 406627 386019 -14319 371700 375000 11019 386019 225000 150000 375000 0.90560 0.09440 0 0 10215 10215 10215 REFUNDABLE ADVANCES 65000 65000 X 3800614 145727 119090 264817 3535797 19262 19262 3555059 3202648 119090 119090 3083558 0 3083558 PART X, LINE 2: THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION AS DEFINED BY SECTION 501(C)(3) OF INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE FOUNDATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 NORTH AMERICA 0 0 GRANTMAKING 49000 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 41200 EAST ASIA 0 0 GRANTMAKING 24819 SOUTH ASIA 0 0 GRANTMAKING 27769 0 0 0 0 0 0 142788 0 142788 NORTH AMERICA GENERAL GRANTINTERNSHIPRMOC GRANT 29000 WIRE 0 0 AWARDS EAST ASIA 4 5000 WIRE AWARDS SOUTH ASIA 4 10000 WIRE SCHOLARSHIPS NORTH AMERICA 4 20000 WIRE 0 0 0 0 0 0 PART I, LINE 2: THE FOUNDATION DISTRIBUTES FUNDS THROUGH SIX PROGRAMS: SCHOLARSHIPS, INTERNSHIP GRANTS, RISK MANAGER IN RESIDENCE PROGRAM GRANTS, COURSE DEVELOPMENT, RISK MANAGEMENT CHALLENGE AND GENERAL GRANTS. EACH PROGRAM HAS A UNIQUE APPLICATION, WHICH IS REVIEWED AND EVALUATED BY A COMMITTEE. THE CRITERIA FOR EACH PROGRAM CAN BE FOUND ON THE FOUNDATION'S WEBSITE (WWW.SPENCERED.ORG). SPENCER GALA 1307808 986309 321499 248844 18450 54205 GOLF TOURNAMENT 144276 39921 104355 9000 95355 2 154029 135723 18306 566 17740 1606113 1161953 444160 257844 566 18450 167300 444160 0 1 HBCU IMPACT 750 CROSS POINTE RD COLUMBUS OH 43230 202929264 501(C)(3) 5000 0 GENERAL GRANT FLORIDA AGRICULTURAL & MECHANICAL UNIVERSITY (FAMU) 1700 LEE HALL DR 201 TALLAHASSEE FL 32307 590977035 501(C)(3) 7500 0 INTERNSHIP NATIONAL AFRICAN AMERICAN INSURANCE ASSOCIATION (NAAIA) 244 5TH AVE NEW YORK NY 10001 311471178 501(C)(6) 17000 0 GENERAL GRANT THE NATIONAL ALLIANCE FOR INSURANCE EDUCATION AND RESEARCH 3630 N HILLS DR AUSTIN TX 78731 742493055 501(C)(3) 25000 0 GENERAL GRANT UNIVERSITY OF COLORADO-DENVER 1201 LARIMER ST DENVER CO 80204 846000555 501(C)(3) 20000 0 GENERAL GRANT UNIVERSITY OF GEORGIA 104 CALDWELL HALL ATHENS GA 306024227 586001998 501(C)(3) 6000 0 GENERAL GRANT UNIVERSITY OF HOUSTON - DOWNTOWN 1 MAIN ST HOUSTON TX 77002 746001400 501(C)(3) 32400 0 COURSE DEV GRANTGENERAL GRANTRMOC GRANT UNIVERSITY OF ST THOMAS 2115 SUMMIT AVE ST PAUL MN 55105 410693970 501(C)(3) 14715 0 GENERAL GRANT GEORGIA STATE UNIVERSITY PO BOX 2668 ATLANTA GA 30303 586033185 501(C)(3) 10000 0 GENERAL GRANT VIRGINIA COMMONWEALTH UNIVERSITY 910 WEST FRANKLIN STREET RICHMOND VA 23284 546001758 501(C)(6) 34725 0 GENERAL GRANTRMOC GRANT TEMPLE UNIVERSITY INSTITUTIONAL ADVANCEMENT 1803 NORTH BROAD STREET PHILADELPHIA PA 19122 231365971 501(C)(3) 5000 0 RMOC GRANT UNIVERSITY OF NORTH TEXAS 1501 W CHESTNUT AVE DENTON TX 76203 756002149 501(C)(3) 10000 0 COURSE DEV GRANTRMOC GRANT APPALACHIAN STATE UNIVERSITY FOUNDATION INC ASU BOX 32064 MCKINNEY CTR BOONE NC 28608 237099379 501(C)(3) 8500 0 GENERAL GRANTRMOC GRANT ST JOSEPH'S UNIVERSITY 5600 CITY AVE PHILADELPHIA PA 19131 231352674 501(C)(3) 50000 0 GENERAL GRANT AES GLOBAL INSURANCE COMPANY THE AES CORP 4300 WILSON BLVS STE 1100 ARLINGTON VA 22203 541163725 7500 0 INTERNSHIP BLOCK COMMUNICATIONS INC 3667 OLD EASTON RD DOYLESTOWN PA 18902 344374555 7500 0 INTERNSHIP HACKENSACK MERIDIAN HEALTH 343 THORNALL ST 8TH FL EDISON NJ 08837 222315044 501(C)(3) 7500 0 INTERNSHIP INDIANA STATE UNIVERSITY 210 N SEVENTH ST TERRE HAUTE IN 47809 222769024 501(C)(3) 10320 0 COURSE DEV GRANTRMOC GRANT COLUMBIA SPORTSWEAR COMPANY 4375 NW SCIENCE PARK DR PORTLAND OR 97229 930498284 7500 0 INTERNSHIP INSURING MI FUTURE 416 S CEDAR ST SUITE H LANSING MI 48912 813300743 19500 0 GENERAL GRANT JACKSON STATE UNIVERSITY 1400 JOHN R LYNCH STREET JACKSON MS 39217 646000507 501(C)(3) 5000 0 RMOC GRANT FLOW CONTROL GROUP 3915 SHOPTON RD CHARLOTTE NC 28217 222827243 7500 0 INTERNSHIP LA SALLE UNIVERSITY 1900 W OLNEY AVE PHILADELPHIA PA 19141 231352654 501(C)(3) 5324 0 GENERAL GRANTRMOC GRANT KITE REALTY GROUP 400 E FORDHAM ROAD SUITE 201 BRONX NY 10458 201453863 7500 0 INTERNSHIP MATCH GROUP INC 8750 N CENTRAL EXPY STE 1400 DALLAS TX 75231 592712887 7500 0 INTERNSHIP MERCY COLLEGE 555 BROADWAY DOBBS FERRY NY 10522 131967321 501(C)(3) 5000 0 RMOC GRANT MORGAN STATE UNIVERSITY 1700 EAST COLD SPRINGS LANE 41-900 BALTIMORE MD 21251 562002033 501(C)(3) 10000 0 GENERAL GRANT OKLAHOMA CITY COMMUNITY COLLEGE (OCCC) 7777 S MAY AVE OKLAHOMA CITY OK 73159 731547215 7500 0 INTERNSHIP PORT OF PORTLAND 7200 NE AIRPORT WAY PORTLAND OR 97208 936001832 7500 0 INTERNSHIP RICHMOND NATIONAL GROUP 3951 WESTERRE PKWY RICHMOND VA 23233 872521969 7500 0 INTERNSHIP OVERHEAD DOOR CORPORATION 2501 S STATE HIGHWAY 121 BUS STE 200 LEWISVILLE TX 75067 274267438 7500 0 INTERNSHIP DALLAS FORT WORTH (DFW) INTERNATIONAL AIRPORT BOARD 2400 AVIATION DR DALLAS TX 75261 751634822 7500 0 INTERNSHIP SAVANNAH STATE UNIVERSITY 5050 SPRING VALLEY RD DALLAS TX 75244 586002069 20000 0 COURSE DEVELOPMENT SP PLUS CORPORATION 535E E 75TH ST NEW YORK NY 10021 161171179 7500 0 INTERNSHIP HARBOR GROUP MANAGEMENT CO LLC 999 WATERSIDE DR 2300 NORFOLK VA 23510 541329081 7500 0 INTERNSHIP VARSITY BRANDS LLC 14460 VARSITY BRANDS WAY FARMERS BRANCH TX 75244 472460272 7500 0 INTERNSHIP BON SECOURS MERCY HEALTH INC 1701 MERCY HEALTH PL CINCINNATI OH 45237 521301088 501(C)(3) 7500 0 INTERNSHIP HENRY SCHEIN INC 135 DURYEA ROAD MELVILLE NY 11747 113136595 7500 0 INTERNSHIP SOUTHEASTERN LOUISIANA UNIVERSITY 548 WESTERN AVE SLU 10720 HAMMOND LA 70402 726000816 29052 0 COURSE DEVLOPMENT OREGON HEALTH AND SCIENCE UNIVERSITY 3181 SW SAM JACKSON PARK RD PORTLAND OR 97239 931176109 7500 0 INTERNSHIP STATE UNIVERSITY OF NEW YORK AT BROCKPORT 350 NEW CAMPUS DRIVE BROCKPORT NY 14420 161514621 501(C)(3) 22500 0 COURSE DEVLOPMENT FISK UNIVERSITY 1000 17TH AVE N NASHVILLE TN 37208 620202000 501(C)(3) 10535 0 COURSE DEVELOPMENT THE ACTUARIAL FOUNDATION 869 E SCHAUMBURG SCHAUMBURG IL 60194 363968441 501(C)(3) 15000 0 GENERAL GRANT THE UNIVERSITY OF GEORGIA 180 EAST GREEN STREET ATHENS GA 30602 266593571 33646 0 COURSE DEVELOPMENT UNIVERSITY OF DENVER 2199 UNIVERSITY OF DENVER DENVER CO 80208 840404231 501(C)(3) 7500 0 INTERNSHIP ILLINOIS STATE UNIVERSITY 100 N UNIVERSITY ST NORMAL IL 61790 376025713 501(C)(3) 17000 0 GENERAL GRANTRMOC GRANT LE MOYNE COLLEGE 1419 SALT SPRINGS ROAD SYRACUSE NY 13214 150545841 501(C)(3) 12331 0 GENERAL GRANT UNIVERSITY OF HOUSTON-CT BAUER 4250 MARTIN LUTHER KING BLVD HOUSTON TX 77204 231365971 501(C)(3) 11000 0 COURSE DEVELOPMENT UNIVERSITY OF OKLAHOMA 4502 E 41ST STREET TULSA OK 74135 736017978 7500 0 INTERNSHIP URMIA 407 E COLORADO ST STE 16 GLENDALE CA 91205 954367236 10000 0 GENERAL GRANT VANDERBILT UNIVERSITY 2100 WEST END AVENUE SUITE 1000 NASHVILLE TN 37203 620476822 501(C)(3) 7500 0 INTERNSHIP VYSTAR CREDIT UNION 76 SOUTH LAURA STREET JACKSONVILLE FL 32202 590690965 501(C)(3) 7500 0 INTERNSHIP YMCA OF SNOHOMISH COUNTY 3120 MCDOUGALL AVE EVERETT WA 98201 910565661 501(C)(3) 7500 0 INTERNSHIP NEW MEXICO STATE UNIVERSITY 1780 EAST UNIVERSITY AVE LAS CRUCES NM 88003 464917596 501(C)(3) 5000 0 RMOC GRANT NATIONAL ASSOCIATION OF BLACK COMPLIANCE AND RISK MANAGEMENT PROFESSIONALS 840 SW 81ST AVENUE SUITE 303 R-S NORTH LAUDERDALE FL 33068 851185150 501(C)(3) 8000 0 GENERAL GRANT ADECCO GROUP 1015 DEERWOOD PARK BLVD JACKSONVILLE FL 32256 943286700 7500 0 INTERNSHIP AG PROCESSING INC 12700 W DODGE RD PO BOX 2407 OMAHA NE 68154 420615016 7500 0 INTERNSHIP AMERICAN RISK & INSURANCE ASSOCIATION (ARIA) RISK & INSURANCE TEACHING SO 2840 WEST BAY DR BELLEAIR BLF FL 33770 370844406 20000 0 GENERAL GRANT ANSCHUTZ ENTERTAINMENT GROUP INC (AEG) 865 S FIGUEROA ST SUITE 800 LOS ANGELES CA 90017 841260056 7500 0 INTERNSHIP ARIZONA STATE UNIVERSITY PO BOX 875812 TEMPE AZ 85287 860196696 7273 0 RELOCATION GRANT BALL STATE UNIVERSITY 2000 W UNIVERSITY AVENUE MUNCIE IN 47306 356000221 10000 0 COURSE DEVELOPMENT CALIFORNIA STATE UNIVERSITY-FULLERTON 2600 NUTWOOD AVE SUITE 830 FULLERTON CA 92831 330567945 501(C)(3) 40000 0 GENERAL GRANTCOURSE DEVELOPMENTRMOC GRANT LVMH 19 E 57TH ST NEW YORK NY 10022 133870253 7500 0 INTERNSHIP BOWIE STATE UNIVERSITY 14000 JERICHO PARK ROAD BOWIE MD 20715 520952758 501(C)(3) 50000 0 COURSE DEVELOPMENT UNIVERSITY OF NEVADA RENO MS 0162 RENO NV 89557 942781749 16050 0 GENERAL GRANT BOWLING GREEN STATE UNIVERSITY GRANTS ACCOUNTING OFFICE 312 ADMINISTRATION BUILDING BOWLING GREEN OH 43403 346007008 10000 0 COURSE DEVELOPMENT BROOKLYN COLLEGE 2900 BEDFORD AVE INGERSOLL HALL BROOKLYN NY 11210 111904329 30000 0 COURSE DEVELOPMENT BUTLER UNIVERSITY 4600 SUNSET AVENUE INDIANAPOLIS IN 46208 350867977 501(C)(3) 5000 0 RMOC GRANT FAULKNER UNIVERSITY 5345 ATLANTA HWY MONTGOMERY AL 36109 630329409 50000 0 COURSE DEVELOPMENT EAST CAROLINA UNIVERSITY 2200 CHARLES BLVD GREENVILLE NC 27858 566000400 12000 0 GENERAL GRANT DIOCESE OF ST AUGUSTINE 11625 OLD ST AUGUSTINE RD JACKSONVILLE FL 32256 593746849 7500 0 INTERNSHIP GRANT SCHOLARSHIPS 101 697500 RISK MANAGEMENT CHALLENGE 4 7500 PART I, LINE 2: THE FOUNDATION DISTRIBUTES FUNDS THROUGH SIX PROGRAMS: SCHOLARSHIPS, INTERNSHIP GRANTS, RISK MANAGER IN RESIDENCE PROGRAM GRANTS, COURSE DEVELOPMENT, RISK MANAGEMENT CHALLENGE AND GENERAL GRANTS. EACH PROGRAM HAS A UNIQUE APPLICATION, WHICH IS REVIEWED AND EVALUATED BY A COMMITTEE. THE CRITERIA FOR EACH PROGRAM CAN BE FOUND ON THE FOUNDATION'S WEBSITE (WWW.SPENCERED.ORG). FOR SCHOLARSHIPS: THE AWARD CHECK IS MADE OUT JOINTLY TO THE RECIPIENT AND THE UNIVERSITY. THE FUNDS ARE TO BE APPLIED BY THE UNIVERSITY'S BURSAR FIRST TO TUITION, BOOKS, AND RISK MANAGEMENT/INSURANCE CURRICULUM-RELATED EXPENSES; SECOND, THE FUNDS ARE TO BE APPLIED TO ROOM AND BOARD EXPENSES. FOR INTERNSHIP GRANTS: THE AWARD CHECK IS MADE OUT TO THE APPLICANT'S ORGANIZATION. APPLICANTS ARE REQUIRED TO SHARE WHO THEY HIRED (RESUME AND TRANSCRIPT) AND THEY NEED TO COMPLETE A FINAL REPORT. FOR RISK MANAGER IN RESIDENCE GRANTS: THE AWARD CHECK IS MADE OUT TO THE APPLYING UNIVERSITY. THE APPLICANT IS REQUIRED TO COMPLETE A FINAL REPORT (INCLUDING FINAL BUDGET) AND REIMBURSE THE RISK MANAGER FOR EXPENSES. FOR GENERAL GRANTS: THE AWARD CHECK IS MADE OUT TO THE APPLICANT'S ORGANIZATION. APPLICANTS ARE REQUIRED TO COMPLETE A FINAL REPORT (INCLUDING FINAL BUDGET). X X X X 0 0 0 0 0 0 0 0 0 MEGAN MILLER EXECUTIVE DIRECTOR 286738 0 55000 0 0 0 24697 0 30163 0 396598 0 0 0 TANDEKA NOMVETE EXTERNAL ENGAGEMENT DIRECT 136731 0 25000 0 0 0 10279 0 17865 0 189875 0 0 0 KENNETH GOLDSTEIN UNIVERSITY PARTNERSHIPS DI 140048 0 30000 0 0 0 11794 0 29818 0 211660 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B DRAFT FORM 990 IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND AUDIT/FINANCE COMMITTEE. AFTER REVIEW THE FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD OF DIRECTOR'S MEMBERS COMPLETE A COI FORM ANNUALLY. THE FORMS ARE THEN REVIEWED BY THE BOARD COMPOSITION AND GOVERNANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A A COMPARATIVE ANALYSIS OF SALARIES FOR SIMILAR EMPLOYEES AT SIMILAR ORGANIZATIONS IS CONDUCTED ANNUALLY. INDUSTRY PUBLICATIONS SUCH AS THE BRIDGESPAN COMPENSATION REPORT AND OTHER PUBLICALLY AVAILABLE REPORTS ARE ALSO USED FOR BENCHMARKING. THE ENTIRE FIVE MEMBER EXECUTIVE COMMITTEE WEIGHS IN ON AND APPROVES ANNUAL COMPENSATION CHANGES AND BONUSES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE INCLUDED IN THE ANNUAL REPORT. OTHER DOCUMENTS ARE AVAIABLE UPON REQUEST. FORM 990 PART VII, SECTION A, LINE (28) - PART VII, SECTION B: UNDER A WRITTEN MANAGEMENT AGREEMENT THE REPORTING ORGANIZATION REIMBURSED RISK AND INSURANCE MANAGEMENT SOCIETY, INC. ("RIMS") (A NON-RELATED ORGANIZATION FOR PURPOSES OF FORM 990, SCHEDULE R REPORTING) PERSONNEL COSTS (REPORTED IN ACCOMPANYING FORM 990, PART VII, SECTION A) THAT INCLUDES THE SERVICES OF 1) EXECUTIVE DIRECTOR, 2) FINANCE & OPERATIONS DIRECTOR, 3)UNIVERSITY PARTNERSHIPS DIRECTOR AND 4) EXTERNAL ENGAGEMENT DIRECTOR.