2022-09-14T08:18:47-05:00 2022-04-30 430352985 KERBER ECK & BRAECKEL LLP 125 SOUTH 84TH STREET SUITE 100 MILWAUKEE WI 53214 990 2021-05-01 237109897 WISCONSIN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS' EDUCATION FOUNDATION INC WISC 2627850445 W233N2080 RIDGEVIEW PARKWAY 201 WAUKESHA WI 53188 JEFF DEWANE SECRETARY/TREASURER 2627850445 2022-09-09 1 JEFF DEWANE XXX-XX-XXXX SCOTT E MARR CPA P01218713 4144561099 2022-09-09 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JEFF DEWANE W233N2080 RIDGEVIEW PARKWAY 201 WAUKESHA WI 53188 756804 0 X WWW.WICPA.ORG X 1959 WI SEE MISSION STATEMENT ON PAGE 2. 10 10 0 10 0 0 74011 78994 0 0 184524 171609 19969 13541 278504 264144 64078 75534 0 0 0 0 0 0 1003 37923 52573 102001 128107 176503 136037 2354944 2152390 41393 27630 2313551 2124760 TO PLAY A PIVOTAL ROLE IN SUPPORTING PROGRAMS TO IMPROVE AWARENESS AND PERCEPTIONS BY EDUCATING STUDENTS AND EDUCATORS ABOUT THE EXCITING OPPORTUNITIES AVAILABLE TO ACCOUNTING PROFESSIONALS. 0 0 53730 42534 HIGH SCHOOL PROGRAM - INCLUDES AWARENESS GRANTS AND YOUNG ENTREPRENEURIAL SCHOLARS (Y.E.S.) PROGRAM - TO INFORM AND ATTRACT YOUNG ENTREPRENEURIAL SCHOLARS FROM MINORITY GROUPS TO CONSIDER A MAJOR AND CAREER IN ACCOUNTING OR BUSINESS. 54860 33000 COLLEGE PROGRAM - INCLUDES 150-HOUR SCHOLARSHIPS TO FUND THE ACADEMIC WORK TOWARD AN ACCOUNTING DEGREE (9 STUDENTS), VON HADEN SCHOLARSHIPS (1 STUDENT), AND BUCHOLZ MEMORIAL SCHOLARSHIPS (3 STUDENTS) 108590 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 WI X X TAMMY HOFSTEDE 2627850445 W233N2080 RIDGEVIEW PARKWAY 201 WAUKESHA WI 53188 PAUL FRANTZ PRESIDENT 1.00 X X 0 0 0 ROBERTA WARD SECRETARY/TREASURER 1.00 X X 0 0 0 JESSICA GATZKE DIRECTOR 1.00 X 0 0 0 MARK BICHLER DIRECTOR 1.00 X 0 0 0 JESSICA HORNING DIRECTOR 1.00 X 0 0 0 JON GAINES DIRECTOR 1.00 X 0 0 0 WENDY POTRATZ DIRECTOR 1.00 X 0 0 0 BRET PRIAULX DIRECTOR 1.00 X 0 0 0 JOSE SAENZ DIRECTOR 1.00 X 0 0 0 KALE POST DIRECTOR 1.00 X 0 0 0 TAMMY HOFSTEDE STAFF LIAISON 2.00 50.00 X 0 238551 26490 0 238551 26490 0 0 1 0 0 78994 78994 74283 74283 2274 2274 589986 492660 97326 97326 97326 11267 11267 11267 264144 11267 0 173883 75534 75534 12611 12611 271 271 CONTINGENT INITATIVES 34059 33056 1003 MISCELLANEOUS 5632 5632 128107 108590 18514 1003 39470 61314 61980 100057 20811 22558 8711 3779 2223972 1964682 2354944 2152390 1213 2380 37000 22500 3180 2750 41393 27630 X 1995510 1836578 318041 288182 2313551 2124760 2354944 2152390 136037 -324828 0 X X 0 1 X 1 0 X X 1 WICPA 237108098 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV SECTION A LINE 3B THE ORGANIZATION AND SUPPORTING ORGANIZATION'S ACCOUNTING AND FINANCIAL REPORTING FUNCTIONS ARE SHARED AND PERFORMED BY THE SAME MANAGEMENT STAFF. MANAGEMENT DETERMINES ANNUALLY THAT THE SUPPORTING ORGANIZATION MEETS THE PUBLIC SUPPORT TEST. PART IV SECTION A LINE 3C SHARED ACCOUNTING AND FINANCIAL REPORTING FUNCTIONS PROVIDE MANAGEMENT WITH THE INFORMATION TO DETERMINE THAT SUPPORT WAS USED EXCLUSIVELY FOR SECTION 170 (C) (2) (B) PURPOSES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 4000 10500 233645 1 1 58860 0 58860 58860 16647 16647 58860 58860 308 308 58860 58860 1795 1795 58860 58860 4872 4872 58860 0.00000 0 0 0 X -46470 -324828 26825 -298003 251533 12611 12611 264144 142321 26825 26825 115496 12611 12611 128107 PART V, LINE 4: THE EDUCATIONAL FOUNDATION'S ENDOWMENT CONSISTED OF INVESTMENTS ESTABLISHED TO FUND PROGRAMS TO PROMOTE THE CERTIFIED PUBLIC ACCOUNTING PROFESSION. DURING THE YEAR ENDED APRIL 30, 2022, THE EDUCATIONAL FOUNDATION WAS GRANTED PERMISSION BY THE STATE OF WISCONSIN TO RELEASE THE NET ASSETS THAT WERE HELD IN PERPETUITY. THESE NET ASSETS ARE TO BE USED TO FUND SCHOLARSHIPS, THE ORIGINAL INTENT OF THE ENDOWMENT, DURING THE UPCOMING FISCAL YEARS. PART X, LINE 2: THE EDUCATIONAL FOUNDATION FOLLOWS THE ACCOUNTING STANDARDS FOR UNCERTAINTY IN INCOME TAXES. THESE STANDARDS REQUIRE ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTIES IN THEIR TAX POSITION. AREAS THAT THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES CONSIDER WHEN EXAMINING TAX AND INFORMATION RETURNS FOR A TAX-EXEMPT ENTITY INCLUDE, BUT ARE NOT LIMITED TO, TAX-EXEMPT STATUS AND THE EXISTENCE AND AMOUNT OF UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS WITH RESPECT TO THESE OR OTHER MATTERS, AND HAS NOT RECORDED ANY UNRECOGNIZED TAX BENEFITS OR LIABILITY FOR PENALTIES OR INTEREST. 1 SCHOLARSHIPS FOR STUDENTS WHO ARE CURRENTLY MAJORING IN ACCOUNTING, AND TO ATTRACT STUDENTS FROM MINORITY GROUPS CONSIDERING AN ACCOUNTING MAJOR. 13 33000 YOUNG ENTREPRENEURIAL SCHOLARS (YES) PROGRAM IS THE EFFORT TO RECRUIT AND SUSTAIN STUDENTS' INTEREST IN THE FIELD OF ACCOUNTING BY EXPOSING THEM TO THE MANY FACETS OF THE PROFESSION. 41 20000 ACCOUNTING CAREER AWARENESS GRANTS ARE FOR 11 22534 0 0 0 0 0 0 0 0 0 TAMMY HOFSTEDE STAFF LIAISON 0 228551 0 10000 0 0 0 16699 0 9791 0 265041 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE ORGANIZATION'S TREASURER, AND WICPA'S PRESIDENT & CEO BEFORE BEING PROVIDED TO ALL BOARD MEMBERS AT THE TIME OF FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION CONFLICT OF INTEREST, ETHICS AND WHISTLEBLOWER POLICIES ARE TO BE SIGNED YEARLY. IF, IN BETWEEN THE TIME THE POLICIES ARE SIGNED AND A BOARD MEMBER REALIZES A POSSIBLE CONFLICT OF INTEREST, THE BOARD MEMBER WILL NOTIFY THE BOARD PRESIDENT. IN ADDITION, THE PRESIDENT WILL CONFIRM THAT ANY LIMITATIONS ON A BOARD MEMBER AS A RESULT OF A CONFLICT OF INTEREST ARE FOLLOWED AND THE PRESIDENT WHO REVIEWS THE SIGNED FORMS AT THE BEGINNING OF EACH YEAR COULD NOTE TO MONITOR ANY SPECIFIC RESTRICTIONS ON A BOARD MEMBER'S VOTING THAT RESULTS FROM A CONFLICT OF INTEREST DISCLOSED ON THE ANNUAL FORM. IF, IN BETWEEN THE TIME THE POLICIES ARE SIGNED AND A STAFF MEMBER REALIZES A POSSIBLE CONFLICT OF INTEREST, THE STAFF MEMBER WILL NOTIFY THEIR SUPERVISOR WHO WILL IN TURN NOTIFY THE CEO. THE CEO IS INSTRUCTED TO NOTIFY THE PRESIDENT AS WELL OF ANY NEW CONFLICTS OF INTEREST. IN ADDITION, THE PRESIDENT WILL CONFIRM THAT ANY LIMITATIONS ON A STAFF MEMBER AS A RESULT OF A CONFLICT OF INTEREST ARE FOLLOWED. FORM 990, PART VI, SECTION C, LINE 19 ARTICLES OF INCORPORATION ARE AVAILABLE ON THE WISCONSIN DEPARTMENT OF FINANCIAL INSTITUTIONS (WDFI) WEBSITE. FORM 990 IS AVAILABLE ON SEVERAL WEBSITES (GUIDESTAR, ERI, FOUNDATION CENTER). THE ORGANIZATION'S BYLAWS, FINANCIAL STATEMENTS, AND CONFLICTS OF INTEREST POLICY ARE AVAILABLE ONLY TO THE BOARD. PART XII, LINE 2C: THE EDUCATIONAL FOUNDATION TREASURER RECEIVES MONTHLY FINANCIAL STATEMENTS AND THE FULL BOARD OF DIRECTORS RECEIVES STATEMENTS AT EACH BOARD MEETING. THE TREASURER WORKS CLOSELY WITH MANAGEMENT TO PROVIDE OVERSIGHT. THE PRESIDENT AND TREASURER REVIEWS AND APPROVES THE AUDIT ON BEHALF OF THE BOARD. THE FULL BOARD OF DIRECTORS RECEIVE A COPY OF THE APPROVED AUDIT. THE FULL BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE 990 FOR REVIEW BEFORE FILING. THE FOUNDATION TREASURER WORKS WITH THE WICPA FINANCE COMMITTEE AND MANAGEMENT TO SELECT INDEPENDENT AUDITORS. WISCONSIN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS INC W233N2080 RIDGEVIEW PARKWAY WAUKESHA WI 53188 237108098 TO PROMOTE THE FIELD OF ACCOUNTANCY IN WI WI 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0