Herbert V Prochnow Educational logo

Herbert V Prochnow Educational

Foundation · Grantmaker MADISON, WI EIN: 39-1466758 Website

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

1states

States

Cities

Madison

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$235K$469K$704K$939K20202021202220232024
Metric202420232022
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

$0$100K$200K$300K$400K2 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

1<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

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

KIRBY DAVIDSONCEO (THROUGH 12/2024)$29K

From 2024 filing

NameTitleHoursCompensation
KIRBY DAVIDSONCEO (THROUGH 12/2024)4$29,499
PAUL KATZPRESIDENT & CEO (STARTED 05/2024)4
RANDY HULTGRENIMMEDIATE PAST CHAIR1
KARLTON ADAMCHAIR1
ADRIAN BEVERAGEVICE CHAIR1
MICHAEL ADELMANTREASURER1
KEVIN PERNICKMEMBER - BAB CHAIR1
MICHAEL A WEARMEMBER - CAC CHAIR1
JULIE REDFERNMEMBER - BAB VICE CHAIR1
VICKI KRAAIMEMBER - CAC VICE CHAIR1
VALLABH SAMBAMURTHYUW REPRESENTATIVE1
AMBER VAN TILMEMBER1
BALLARD CASSADYMEMBER1
DOUG WAREHAMMEMBER1
JACKSON HATAWAYMEMBER1
JENIFER WALLERMEMBER1
JOE WITTMEMBER1
LORRIE TROGDENMEMBER1
JOHN SORENSENMEMBER1
RICHARD BAIERMEMBER1
RICK CLAYBURGHMEMBER1
ROSE OSWALD POELSMEMBER1
T RANN PAYNTERMEMBER1

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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