TO INITIATE, FUND, MARKET, AND IMPLEMENT PROGRAMS AND ACTIVITIES WHICH SUPPORT THE MISSION OF THE GRADUATE SCHOOL OF BANKING, INC.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.4M
+21.5% YoY
Revenue
$854K
+96.5% YoY
Net Investment Income
$623K
+45.5% YoY
Expenses
$256K
-4.1% YoY
About Herbert V Prochnow Educational
Based on IRS filings
Herbert V Prochnow Educational is a nonprofit organization focused on Education, based in MADISON, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.4M in total assets. Net investment income was $623K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,401,498 | $8,559,160 | $8,682,125 |
| Revenue | $853,534 | $434,366 | $657,763 |
| Expenses | $255,667 | $266,497 | $290,367 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $622,517 | $427,866 | $654,754 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIRBY DAVIDSON | CEO (THROUGH 12/2024) | 4 | $29,499 |
| PAUL KATZ | PRESIDENT & CEO (STARTED 05/2024) | 4 | — |
| RANDY HULTGREN | IMMEDIATE PAST CHAIR | 1 | — |
| KARLTON ADAM | CHAIR | 1 | — |
| ADRIAN BEVERAGE | VICE CHAIR | 1 | — |
| MICHAEL ADELMAN | TREASURER | 1 | — |
| KEVIN PERNICK | MEMBER - BAB CHAIR | 1 | — |
| MICHAEL A WEAR | MEMBER - CAC CHAIR | 1 | — |
| JULIE REDFERN | MEMBER - BAB VICE CHAIR | 1 | — |
| VICKI KRAAI | MEMBER - CAC VICE CHAIR | 1 | — |
| VALLABH SAMBAMURTHY | UW REPRESENTATIVE | 1 | — |
| AMBER VAN TIL | MEMBER | 1 | — |
| BALLARD CASSADY | MEMBER | 1 | — |
| DOUG WAREHAM | MEMBER | 1 | — |
| JACKSON HATAWAY | MEMBER | 1 | — |
| JENIFER WALLER | MEMBER | 1 | — |
| JOE WITT | MEMBER | 1 | — |
| LORRIE TROGDEN | MEMBER | 1 | — |
| JOHN SORENSEN | MEMBER | 1 | — |
| RICHARD BAIER | MEMBER | 1 | — |
| RICK CLAYBURGH | MEMBER | 1 | — |
| ROSE OSWALD POELS | MEMBER | 1 | — |
| T RANN PAYNTER | MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Herbert V Prochnow Educational?
Herbert V Prochnow Educational is a nonprofit organization focused on Education, based in MADISON, WI. It holds $10.4M in total assets as of 2024.
How large is Herbert V Prochnow Educational?
As of 2024, Herbert V Prochnow Educational holds $10.4M in total assets with $854K in annual revenue.
Where does Herbert V Prochnow Educational operate?
Herbert V Prochnow Educational has awarded grants in Wisconsin.
What is Herbert V Prochnow Educational's EIN?
Herbert V Prochnow Educational's EIN (Employer Identification Number) is 39-1466758. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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