EIN 52-1811691

The Council Foundation

Name: The Council Foundation financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Washington

State

District of Columbia

Year formed

1993

Most recent tax filings

2022-12-01

NTEE code, primary

J00: Employment, Job Related: General

Description

The Council Foundation secures the future of the commercial insurance brokerage business by attracting and developing tomorrow's talent, as well as supporting forward-thinking research. The Foundation awards scholarships to support select college and university students currently interning at Council member firms majoring in business, risk management, and insurance.

Related structure

The Council Foundation is a subordinate organization under Council of Insurance Agents and Brokers.

Also known as...

Foundation for Agency Management Excellence

Total revenues

$579,126

2022

Total expenses

$565,991

2022

Total assets

$3,044,272

2022

Num. employees

2022

Program areas at The Council Foundation

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.

Grants made by The Council Foundation

Grantee	Grant description	Grant year	Amount
University of Mississippi Foundation	School Initiative Fund	2022-12	$83,333
Gamma Iota Sigma	Sustaining Partner	2022-12	$25,000

Who funds The Council Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Ima Foundation	2022-12	Program Services	$135,000
The Blackbaud Giving Fund	2023-12	General Support	$25,000
Motamed Family Foundation	2023-12	General Operations	$25,000

Personnel at The Council Foundation

Name	Title	Compensation	Date of data
Ken A Crerar	Secretary	$60,999	2023-11-09
Benita Harrison-Wickline	Chief Financial Officer	$21,322	2022-12-31
Susan Rushford	Senior Vice President , Marketing and Communications	$18,169	2022-12-31
Elizabeth McDaid	Senior Vice President , Leadership and Management Resources / Senior Vice Presient / Senior Vice Presient / Senior Vice President , Leadership and Management	$117,182	2022-12-31
Mauren Lilenthal	Vice President	$1,603	2021-12-31
...and 6 more key personnel

Financials for The Council Foundation

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$480,630	$396,295	21.3%
Program services	$0	$0	-
Investment income and dividends	$98,496	$120,531	-18.3%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$141,141	-100%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$579,126	$657,967	-12%

Form 990s for The Council Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-11-09	990	View PDF
2021-12	2022-11-04	990	View PDF
2020-12	2021-11-10	990	View PDF
2019-12	2021-03-01	990	View PDF
2018-12	2020-01-31	990	View PDF
...and 9 more Form 990s

Organizations like The Council Foundation

Organization	Type	Location	Revenue
National Athletic Trainers' Association Research and Education Foundation	501(c)(3)	Carrollton, TX	$489,842
The American Academy of Periodontology Foundation	501(c)(3)	Chicago, IL	$1,010,841
Pathfinder Village Foundation	501(c)(3)	Edmeston, NY	$1,634,220
College of American Pathologists Foundation	501(c)(3)	Northfield, IL	$1,053,555
American Speech-Language-Hearing Foundation	501(c)(3)	Rockville, MD	$1,747,535
Veterinary Scholarship Trust of New England	501(c)(3)	North Attleborough, MA	$286,132
The SYTA Youth Foundation	501(c)(3)	Arlington, VA	$259,013
Semi Foundation	501(c)(3)	Milpitas, CA	$386,431
AHIMA Foundation Amended	501(c)(3)	Chicago, IL	$2,187,953
American Association of Bovine Practitioners Foundation	501(c)(3)	Ashland, OH	$377,103

Data update history

May 18, 2024

Received grants

Identified 1 new grant, including a grant for $25,000 from Motamed Family Foundation

January 20, 2024

Posted financials

Added Form 990 for fiscal year 2022

October 23, 2023

Received grants

Identified 2 new grant, including a grant for $135,000 from Ima Foundation

August 6, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 7, 2023

Updated personnel

Identified 2 new personnel

Nonprofit Types

Grantmaking organizationsDisease research fundraisersEmployment organizationsChapter / child organizationsCharities

Issues

EducationHuman servicesJobs and employment

Characteristics

Provides grantsConducts researchEndowed supportProvides scholarshipsAuction fundraisersTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 701 Pennsylvania Ave NW 750; Washington, DC 20004
Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
County: District of Columbia, DC
Website URL: ciab.com/the-council-foundation/
Phone: (202) 783-4400

IRS details

EIN: 52-1811691
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1993
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: J00: Employment, Job Related: General
NAICS code, primary: 813212: Health and Disease Research Fundraising Organizations
Parent/child status: Subordinate organization

Blog articles

Free account sign-up

Want updates when The Council Foundation has new information, or want to find more organizations like The Council Foundation?

Create free Cause IQ account

The Council Foundation

Program areas at The Council Foundation

Grants made by The Council Foundation

Who funds The Council Foundation

Personnel at The Council Foundation

Financials for The Council Foundation

Form 990s for The Council Foundation

Organizations like The Council Foundation

Nonprofits

Product

Customers

About