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Southwestern Graduate School Of Banking Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237091275 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Southwestern Graduate School Of Banking Foundation?

The Southwestern Graduate School of Banking Foundation is a distinguished educational institution located in Dallas, Texas. Established with the purpose of providing comprehensive instruction for financial institutions and their management, the foundation has a strong commitment to fostering professional growth in the banking sector. In 2022, the foundation welcomed 264 attendees, while its assemblies for bank directors in Maui, Hawaii, and Stowe, Vermont, attracted 84 and 79 attendees, respectively. Additionally, the ABA Commercial Lending Schools engaged 180 students. The foundation's mission is to serve as a trusted educational resource for loan officers, bank directors, regulators, commercial lenders, and marketing and management professionals. It aims to deliver the highest quality graduate-level education to bank and financial service industry managers, senior officers, and directors, thereby nurturing leaders capable of addressing the industry's challenges wherever and whenever they emerge. The foundation currently employs a team of four individuals.


Official website here: www.swgsb.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Southwestern Graduate School of Banking Foundation has received a strong overall rating of 96%, indicating a high level of accountability and financial health. This score is derived entirely from their performance in the Accountability & Finance beacon, showcasing their commitment to transparency and responsible financial practices.

The organization has demonstrated significant strengths, including a fully independent board, which enhances governance credibility, and robust financial oversight. Their audit and oversight committee has performed well, highlighting their dedication to maintaining integrity in financial reporting. Additionally, they have established comprehensive policies related to conflict of interest and whistleblower protections, further solidifying their operational integrity.

While the data reflects positive metrics, such as a high program expense ratio of 74.43%, it is crucial for potential donors to consider the impact of their programs. Overall, the foundation shows a strong commitment to accountability and financial responsibility, making it a trustworthy choice for those looking to support banking education initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Southwestern Graduate School Of Banking Foundation legitimate?

Southwestern Graduate School Of Banking Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwestern Graduate School Of Banking Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $225,051
Professional Fundraising Fees: $0
Other Salaries and Wages: $182,057

For more financial information, click here


Official website here: www.swgsb.org

What is the mission statement of Southwestern Graduate School Of Banking Foundation?

The Southwestern Graduate School of Banking Foundation's mission is to serve as a trusted educator for loan officers, bank directors, regulators, commercial lenders, and marketing and management professionals within the banking and financial services industry. By providing high-quality graduate-level education, the foundation aims to develop leaders who can effectively address industry challenges wherever and whenever they arise. The foundation offers instruction to financial institutions and their management, with events attracting a significant number of attendees each year, such as the Assembly for Bank Directors in Maui, Hawaii, and Stowe, Vermont.


Official website here: www.swgsb.org

Who is the CEO of Southwestern Graduate School Of Banking Foundation?

Jill Castilla is the President/ Ceo (9/21-4/22) of Southwestern Graduate School Of Banking Foundation. The CEO's salary of Southwestern Graduate School Of Banking Foundation is $33,333 and their total compensation is $43,333.


Official website here: www.swgsb.org

What is the revenue of Southwestern Graduate School Of Banking Foundation?

Southwestern Graduate School Of Banking Foundation's revenue in 2022 was $708,611.


Official website here: www.swgsb.org

Who are the executives of Southwestern Graduate School Of Banking Foundation and what are their salaries?

The average compensation at Southwestern Graduate School Of Banking Foundation during 2022 was $101,777. There are 4 employees and 15 volunteers at Southwestern Graduate School Of Banking Foundation.


Here are 16 key members and their salaries (Southwestern Graduate School Of Banking Foundation's CEO's salary is $33,333 and their total compensation is $43,333):


S Scott Macdonald Phd (President/ Ceo (9/21-4/22))
  • Compensation: $112,453
  • Related: $0
  • Other: $34,899
Jeffrey R Schmid (President And Ceo)
  • Compensation: $33,333
  • Related: $0
  • Other: $10,000
J Craig Buford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Pierson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis J Davidson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth L Burgess (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Castilla (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gary Hudson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew B Myers Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Rogers Pope (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Cheves (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Scott Heitkamp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla R Rooke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher J Furlow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Y Scurlock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Clarke (Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.swgsb.org

Where can I find the form 990 for Southwestern Graduate School Of Banking Foundation?

Southwestern Graduate School Of Banking Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.swgsb.org

Learn more at the official website: www.swgsb.org

Mission Statement of Southwestern Graduate School Of Banking Foundation

The Southwestern Graduate School of Banking Foundation is committed to serving as a trusted educational resource for loan officers, bank directors, regulators, commercial lenders, and marketing and management professionals in the banking and financial services industry. Its primary mission is to provide top-tier graduate-level education for industry managers, senior officers, and directors. This nonprofit organization aims to develop leaders who can effectively address the challenges that the industry may encounter, regardless of where or when they arise. By offering high-quality educational programs, Southwestern Graduate School of Banking Foundation empowers individuals to contribute significantly to the banking and financial services sector. In 2022, the foundation had 264 attendees, with various assemblies for bank directors held in Maui, Hawaii, and Stowe, Vermont, attracting 84 and 79 attendees respectively. Additionally, ABA Commercial Lending Schools welcomed 180 students, demonstrating the foundation's far-reaching impact on the industry.

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Impact




July, 2024

The Southwestern Graduate School Of Banking Foundation is making a significant impact by providing high-quality graduate-level education for bank and financial service industry managers, senior officers, and directors. By offering instruction for financial institutions and their management, it is empowering individuals to meet the industry's challenges effectively. With events like the bank directors' assemblies and commercial lending schools that attract a considerable number of attendees, the foundation is playing a crucial role in developing skilled and knowledgeable leaders in the financial sector.




This information is meant to be a general summary of Southwestern Graduate School Of Banking Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$708,611 (2022)
Expenses
$1,486,728 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$280,123
  • Program Service Revenue: $745,615
  • Gross Receipts: $3,494,318

Assets and Liabilities:

  • Total Assets: $4,148,993
  • Total Liabilities: $1,092,558
  • Net Assets: $3,056,435

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ASSEMBLY TUITION

Revenue

$219,155

COMMERCIAL LEADING SCHOOL

Revenue

$105,220

SOUTHWESTERN GRADUATE SCHOOL OF BANKING REVENUE

Revenue

$421,240

Organization Details

Founding Year

1957

Principal Officer

Jill Castilla

Main Address

PO BOX 214 SMU, DALLAS, TX, 75275

NTEE Category

Code: B5XI - Education

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