Insurance Institute for Business & Home

Public charity · Grantmaker Richburg, SC EIN: 23-2049143

IBHS shall be a technical, research, and communication organization whose mission is to deliver top-tier science and translate it into action so we can prevent avoidable suffering, strengthen our homes and businesses, inform the insurance industry, and support thriving communities.

Key facts about Insurance Institute for Business & Home

In short: Insurance Institute for Business & Home gave $60K across 1 grant in 2025 (avg $60K), mostly in Alabama. Source: 2025 IRS Form 990.

EIN
23-2049143
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$60,000
Grants made (2025)
1
Average grant
$60,000
Median grant
$60,000
Total assets
$60,894,273
Primary geography
Alabama (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$60.9M

+8.9% YoY

Annual Giving

$60K

Grant Count

1

Avg Grant Size

$60K

About Insurance Institute for Business & Home

Based on IRS filings

Insurance Institute for Business & Home is a public charity focused on Public Safety, Disaster Preparedness & Relief, based in Richburg, SC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $60.9M in total assets. In 2025, it awarded 1 grant totaling $60K. Net investment income was $1.6M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Mobile

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024 1 grant2025

In 2025 it made 1 grant totaling $60K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Smart Home America: $60KSmart Home America$60K

The largest 2025 recipient was Smart Home America ($60K).

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was in the $50–100K range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Smart Home America Mobile, ALGeneral funding$60,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10M$20M$30M$40M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$60,894,273$55,913,758$52,558,596
Revenue$30,197,104$26,005,198$24,224,700
Expenses$25,812,213$23,283,374$20,190,205
Net Investment Income$1,587,065$1,010,742$631,747

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS March 13, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS April 27, 2026)

Leadership & Key People

Officers and directors from IRS filings

Insurance Institute for Business & Home is led by Roy Wright, President & CEO on every filing since 2019; 10 of 39 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Roy Wright

    President & CEO

    On filings since 2019

    40 hrs/week

    $600K (2019) → $881K (2025)

  • Ryan Vigus

    Director - Chair

    Director → Director - Vice Chair, 2023

    Director - Vice Chair → Director - Chair, 2024

    On filings since 2019

    4 hrs/week

    No compensation reported

  • Fred Malik

    Managing Director of Foritified

    Managing Director of Forti → Managing Director of Fortified, 2022

    Managing Director of Fortified → Managing Director of Foritified, 2025

    On filings since 2019

    40 hrs/week

    $212K (2019) → $278K (2025)

  • Murray Morrison

    Managing Director of Research

    Managing Director of Research → Managing Director of Resea, 2020

    Managing Director of Resea → Managing Director of Research, 2022

    On filings since 2019

    40 hrs/week

    $165K (2019) → $278K (2025)

  • Connie Bryant Breedlove

    Managing Director of Communications

    On filings since 2022

    40 hrs/week

    $194K (2022) → $206K (2025)

  • Ian Giammanco

    Managing Director of Atmospheric Research

    New on the 2025 filing

    40 hrs/week

    $242K (2025)

  • Allen Anderson

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Craig Tillman

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Eric Nelson

    Director

    Director - Chair → Director, 2022

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Gavin Blair

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • J Smith Smitty Harrison Jr.

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Michael Quigley

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Mohit Pande

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Patrick McCrink

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Andrea Lindemeyer

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • James Whamond

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Michael Steinman

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Ben Potter

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Chris Karacalidis

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • David Elkins

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Edmund Shallcross III

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Gina Hardy

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Jeff Schroeder

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Jennifer Pintacuda

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Shariq Shafi

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Erin Morris

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Jonathan Imhoff

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Katie Irey

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Lucca Chin

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Will Downs

    Director

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Christine Lucas

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Heidi Sjoberg

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Nathan Remmert

    Director

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Alister Watt

    Chief Product Officer & Senior Vice President

    Chief Product Officer → Chief Product Officer & Senior Vice President, 2022

    On filings since 2019

    40 hrs/week

    $252K (2019) → $385K (2025)

  • Anne Cope

    Chief Engineer & Senior Vice President

    Chief Engineer → Chief Engineer & Senior Vice President, 2022

    On filings since 2019

    40 hrs/week

    $260K (2019) → $406K (2025)

  • Christopher Flynn

    General Manager & Research Center

    Managing Director Research Center Operations → Managing Director Research, 2021

    Managing Director Research → General Manager & Research Center, 2022

    On filings since 2020

    40 hrs/week

    $165K (2020) → $220K (2025)

  • Michael Newman

    Secretary & General Counsel

    Senior Director for Law & Public Policy → Secretary & General Counsel, 2022

    On filings since 2021

    40 hrs/week

    $170K (2021) → $321K (2025)

  • Pam Levenstone

    Treasurer & CFO

    Chief Financial Officer & Treasurer → Treasurer & CFO, 2023

    On filings since 2022

    40 hrs/week

    $143K (2022) → $277K (2025)

  • Greg Pannhausen

    Director - Vice Chair

    Director → Director - Vice Chair, 2024

    On filings since 2021

    2 hrs/week

    No compensation reported

Former officers (30)
  • Former: Brad Lemons (2019–2024) — Director - Vice Chair
  • Former: Chuck Miccollis (2019–2024) — Managing Director of Commercial Lines
  • Former: General Bill Cooney (2019–2024) — Chairman Emeritus
  • Former: Patrick Causgrove (2019–2024) — Director
  • Former: Rockne Corbin (2019–2024) — Director
  • Former: Nicole Forziati (2023–2024) — Director
  • Former: Sarah Shine (2023–2024) — Director
  • Former: Randall Poole (2019–2023) — Director - Chair
  • Former: Bryon Snethen (2019–2022) — Director
  • Former: Debra Ballen (2019–2022) — Former Chief Risk Officer & Senior Vice President
  • Former: Jennifer Wiedrick (2019–2022) — Director
  • Former: Lesley Reeter (2019–2022) — Director
  • Former: Peggy Echols (2019–2022) — Director - Vice Chair
  • Former: Robert DiMuccio (2019–2022) — Director
  • Former: Susan Baxter Gibson (2019–2022) — Former Treasurer & Managing Director Corp Operations
  • Former: Victor Joseph (2020–2022) — Director
  • Former: Debra Dunn (2021–2022) — Director
  • Former: Douglas Smith (2021–2022) — Director
  • Former: Katie Shook (2021–2022) — Director
  • Former: Timothy Mosley (2019–2021) — Director
  • Former: Carol Anderson (2019–2020) — Director
  • Former: Doug Smith (2019–2020) — Director
  • Former: Jim Whamond (2019–2020) — Director
  • Former: Jon Riekse (2019–2020) — Director
  • Former: Kimberly Bowser (2019–2020) — Director
  • Former: Sean Burgess (2019–2020) — Director
  • Former: Tanya Brown Giammanco (2019–2020) — Managing Director of Resea
  • Former: Tim Smith (2019–2020) — Director
  • Former: Randay Poole (2020) — Director - Vice Chair
  • Former: Brian McElhoe (2019) — Senior Director Technologies

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Roy Wright — President/CEO: $881KRoy WrightPresident/CEO$881KAnne Cope — Chief Engineer/SVP: $406KAnne CopeChief Engineer/SVP$406KAlister Watt — Chief Product Officer/SVP: $385KAlister WattChief Product Officer/SVP$385KMichael Newman — Secretary/General Counsel: $321KMichael NewmanSecretary/General Counsel$321KFred Malik — Managing Director of FORITIFIED: $278KFred MalikManaging Director of FORITIFIED$278KMurray Morrison — Managing Director of Research: $278KMurray MorrisonManaging Director of Research$278KPam Levenstone — Treasurer/CFO: $277KPam LevenstoneTreasurer/CFO$277KIan Giammanco — Managing Director of Atmospheric Research: $242KIan GiammancoManaging Director of…$242KChristopher Flynn — General Manager, Research Center: $220KChristopher FlynnGeneral Manager, Research Center$220KConnie Bryant Breedlove — Managing Director of Communications: $206KConnie Bryant BreedloveManaging Director of…$206K

The highest reported compensation on the 2025 filing was $881K, to Roy Wright (President/CEO). 10 officers or directors reported compensation on that filing.

Frequently asked questions about Insurance Institute for Business & Home

How much does Insurance Institute for Business & Home give each year?

Insurance Institute for Business & Home gave $60K across 1 grant in 2025, according to its 2025 IRS Form 990.

How large is Insurance Institute for Business & Home?

Insurance Institute for Business & Home reported $60.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $30.2M.

What is Insurance Institute for Business & Home?

Insurance Institute for Business & Home is a public charity focused on Public Safety, Disaster Preparedness & Relief, based in Richburg, SC. It holds $60.9M in total assets as of 2025.

Where does Insurance Institute for Business & Home operate?

Insurance Institute for Business & Home has awarded grants in Alabama.

What is Insurance Institute for Business & Home's EIN?

Insurance Institute for Business & Home's EIN (Employer Identification Number) is 23-2049143. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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