Casualty Actuarial Society
The Casualty Actuarial Society (CAS) is a public charity based in Arlington, Virginia, formed in 1969. It advances property-and-casualty actuarial science through research, professional education, credentialing, and support for actuarial career awareness and community building.
Casualty Actuarial Society at a glance
In short: Casualty Actuarial Society gave $323K across 13 grants in 2025 (avg $25K), mostly in Illinois. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $323,446
- +18.5% vs 2024
- Grants made (2025)
- 13
- -7.1% vs 2024
- Average grant
- $24,880
- +27.6% vs 2024
- Median grant
- $8,100
- Total assets
- $36,285,988
- +8.3% vs 2024
- Primary geography
- Illinois (61% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Casualty Actuarial Society
- Contact
Mailing address: 4350 N Fairfax Drive 250, Arlington, VA 22203
Phone: (703) 276-3100
Website: https://casact.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
3 open opportunities from Casualty Actuarial Society
ARECA Actuarial Scholarship for Undergraduates in Asia
Casualty Actuarial Society
Amount
Varies
Deadline
Deadline not published
CAS Monograph Prize
Casualty Actuarial Society
Amount
Varies
Deadline
Deadline not published
CAS Trust Scholarship Program
Casualty Actuarial Society
Amount
Varies
Deadline
Deadline not published
Who Casualty Actuarial Society funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Actuarial Foundation ($140K). Together the top 10 received $307K.
Grant Size Distribution
42 grants across all recorded years
The most common grant size was under $50K: 37 grants of 42 (88%).
Geographic Focus
Where this funder awards grants
CAS is based in Arlington, Virginia. In filing year 2025, the largest shares of grant dollars went to recipients in Illinois (61%) and Ohio (20%), followed by Texas (6%), California (5%), and New Mexico (3%).
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
States
Cities
How Casualty Actuarial Society gives
Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $89K (2019) to $323K (2025). In 2025 it made 13 grants totaling $323K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Actuarial Foundation Chicago, IL | To Provide Funding for Administration of Organization | $140,000 |
| International Association of Black Actuaries Cleveland, OH | To Provide Funding for Administration of Organization | $65,000 |
| Organization of Latino Actuaries Chicago, IL | To Provide Funding for Administration of Organization | $22,500 |
| Pinnacle Actuarial Resources Inc Bloomington, IL | Actuarial Research | $22,500 |
| National College Resources Foundation Walnut, CA | Sponsorship | $15,000 |
| University of Texas-Dallas Richardson, TX | Actuarial Research | $11,667 |
| American Indian Science Engineering Society Albuquerque, NM | Sponsorship, Acruarial Career Ad Placements | $8,100 |
| STEM Muse PBC LLC Austin, TX | Sponsorship | $7,500 |
| Umces (University of Maryland Center for Environmental Science) Cambridge, MD | Actuarial Research | $7,428 |
| Society of Women Engineers Chicago, IL | Sponsorship | $7,000 |
Ready to take the next step with Casualty Actuarial Society?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $36,285,988 | $23,998,429 | $22,327,723 | $323,446 | 13 | $1,542,745 |
| 2024 | $33,508,796 | $22,281,459 | $19,245,770 | $272,933 | 14 | $3,117,444 |
| 2023 | $26,860,194 | $18,966,025 | $17,672,363 | $226,520 | 11 | $1,597,126 |
| 2022 | $23,622,669 | $16,083,017 | $15,614,431 | $152,660 | 3 | $1,137,479 |
| 2021 | $25,275,845 | $15,223,268 | $12,391,478 | $97,667 | 1 | $1,808,580 |
| 2020 | $21,062,985 | $12,259,939 | $12,990,571 | $93,357 | 1 | $407,469 |
| 2019 | $21,480,292 | $15,727,680 | $15,016,581 | $89,001 | 1 | $420,423 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
CAS’s stated mission is to advance actuarial science applied to general insurance, including property, casualty, and similar risks; expand its application to enterprise and systemic risks; maintain membership qualifications and professional standards; increase awareness of actuarial science; and contribute to society’s well-being.
Its website describes research as a way to expand actuaries’ knowledge and skills. CAS sponsors research opportunities including Quick Start grants, requests for proposals, calls for papers, and individual research grants. Its 2025 filing also describes educational and professional activities, including meetings, seminars, webinars, courses, exams, and publications.
In 2025, CAS grants included support for actuarial research, organizational administration, and sponsorships. Among the supported organizations, the Actuarial Foundation describes its work as creating math education initiatives for students, teachers, and families. The Organization of Latino Actuaries says it promotes the profession and provides guidance, mentorship, and networking to increase the number of Latino actuaries. Other recipients include the Society of Women Engineers, whose stated mission includes supporting women in engineering careers and leadership, and the National Society of Black Engineers, which describes its mission as increasing minority participation and access to engineering.
Grantmaking
CAS reported 13 grants totaling $323,446 in filing year 2025. Grant amounts ranged from $5,183 to $140,000, with a median of $8,100. The largest awards included $140,000 to the Actuarial Foundation for organizational administration, $65,000 to the International Association of Black Actuaries for organizational administration, $22,500 to the Organization of Latino Actuaries for organizational administration, and $22,500 to Pinnacle Actuarial Resources for actuarial research.
CAS’s website describes a Quick Start Research Grant Program for timely property-and-casualty actuarial research, with potential funding of up to $50,000. Proposals are reviewed by the appropriate CAS research working group, which aims to decide within six weeks. Researchers and the review team agree on deliverables and deadlines; completed work undergoes peer review and is submitted for publication. For monographs, CAS says it will fund up to $5,000 of development and travel expenses. CAS also supports an annual Individual Grants Competition with the Society of Actuaries’ Committee on Knowledge Extension Research. The 2027 competition announcement calls for a two-page Letter of Intent by October 21, 2026; selected applicants will be invited to submit full proposals.
CAS’s 2025 filing says research grants are issued under contracts specifying milestones and deliverables, with payments potentially tied to contract signing, receipt or peer review of a paper, and final submission or publication. The filing also says CAS monitors research grants against milestones and deliverables.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists A. David Cummings as president and Barry Franklin as president-elect. It lists Frank Chang as board chair and Roosevelt Mosley as board chair until November 2024. Directors listed include Steve Belden, Wanchin Chou, Stephanie Espy, David Foley, Peter Hahn, and Anand Khare.
Casualty Actuarial Society is led by Victor Carter-Bey, Chief Executive Officer on every filing since 2020; 9 of 38 officers listed in 2025 are compensated.
Officers on the 2025 filing
Victor Carter-Bey
Chief Executive Officer
On filings since 2020
40 hrs/week
$68K (2020) → $587K (2025)
A. David Cummings
President
Director → President-Elect, 2024
President-Elect → President, 2025
On filings since 2019
10 hrs/week
No compensation reported
Frank Chang
Board Chair
President-Elect → President, 2024
President → Board Chair, 2025
On filings since 2019
20 hrs/week
$2K (2024) → $0 (2025)
Roosevelt Mosley
Board Chair
President-Elect → President, 2023
President → Board Chair, 2024
On filings since 2022
20 hrs/week
$9K (2023) → $0 (2025)
Kathleen Dean
Director & Meeting Services
Director of Meeting Services → Director & Meeting Services, 2021
On filings since 2019
40 hrs/week
$158K (2019) → $185K (2025)
Alicia Burke
Icas Director of Portfolio & Product Development
On filings since 2023
40 hrs/week
$152K (2023) → $184K (2025)
Justin Brenden
Director
Vp-Professional Education → Director, 2022
On filings since 2019
5 hrs/week
No compensation reported
Jason Russ
Director & Vp-Admissions
Director → Director & Vp-Admissions, 2025
On filings since 2022
5 hrs/week
No compensation reported
Kathy Olcese
Director
On filings since 2022
5 hrs/week
No compensation reported
Yvonne Palm
Director
On filings since 2022
5 hrs/week
No compensation reported
Alicia Speight
Director
On filings since 2023
5 hrs/week
No compensation reported
Amber Rohde
Director
On filings since 2023
5 hrs/week
No compensation reported
Julie Lederer
Director
On filings since 2023
5 hrs/week
No compensation reported
Len Llaguno
Director
On filings since 2023
5 hrs/week
No compensation reported
Stephanie Espy
Director
On filings since 2023
5 hrs/week
No compensation reported
Steve Belden
Director
On filings since 2023
5 hrs/week
No compensation reported
Joe Milicia
Director
On filings since 2024
5 hrs/week
No compensation reported
Kathleen Ores Walsh
Director
On filings since 2024
5 hrs/week
No compensation reported
Peter Hahn
Director
On filings since 2024
5 hrs/week
No compensation reported
Sandy Lowe
Director
On filings since 2024
5 hrs/week
No compensation reported
Wanchin Chou
Director
On filings since 2024
5 hrs/week
No compensation reported
Anand Khare
Director
New on the 2025 filing
5 hrs/week
No compensation reported
David Foley
Director
New on the 2025 filing
5 hrs/week
No compensation reported
Jason Machtinger
Director
New on the 2025 filing
5 hrs/week
No compensation reported
Simone Walker
Director
New on the 2025 filing
5 hrs/week
No compensation reported
J. Michael Boa
Chief Communications Officer
On filings since 2019
40 hrs/week
$273K (2019) → $301K (2025)
Todd Rogers
Chief Financial Officer
On filings since 2019
40 hrs/week
$294K (2019) → $327K (2025)
Kendall Williams
Staff Actuary
On filings since 2021
40 hrs/week
$217K (2021) → $267K (2025)
John Kleine
Chief Growth & Product Officer
On filings since 2022
40 hrs/week
$126K (2022) → $257K (2025)
Joyce Neverov
Chief Business Officer
On filings since 2023
40 hrs/week
$169K (2023) → $261K (2025)
Carrie Cross
Strategy & Learning Partner
On filings since 2024
40 hrs/week
$155K (2024) → $161K (2025)
William Wilder
Vp-Admissions
Director → Vp-Admissions, 2021
On filings since 2019
5 hrs/week
No compensation reported
Anthony Bustillo
Vp-Professional Education
On filings since 2023
5 hrs/week
No compensation reported
Erin Olson
Vp-Marketing & Communications
On filings since 2024
5 hrs/week
No compensation reported
Keith Berman
Vp-International
On filings since 2024
5 hrs/week
No compensation reported
Morgan Bugbee
Vp-Research & Development
On filings since 2024
5 hrs/week
No compensation reported
Richard Moncher
Vp-Administration
On filings since 2024
5 hrs/week
No compensation reported
Barry Franklin
President-Elect
New on the 2025 filing
10 hrs/week
No compensation reported
Former officers (45)
- Former: Katherine Antonello (2019–2024) — Board Chair
- Former: Alejandra Nolibos (2021–2024) — Director
- Former: Erika Schurr (2021–2024) — Director
- Former: Geoff Werner (2021–2024) — Director
- Former: Kris Defrain (2021–2024) — Director
- Former: Brian Dupperreault (2023–2024) — Director
- Former: Mary Hosford (2019–2023) — Vp-Administration
- Former: Brian Fannin (2020–2023) — Research Actuary
- Former: Kendra Felisky (2020–2023) — Vp-International
- Former: Kim Guerriero (2020–2023) — Vp-Marketing & Communications
- Former: Jim Weiss (2021–2023) — Vp-Research & Development
- Former: Jessica Leong (2020–2022) — Board Chair
- Former: Jodie Slaughter (2020–2022) — Director
- Former: Kathy Odomirok (2020–2022) — Director
- Former: Kuda Chibanda (2020–2022) — Director
- Former: Mary Frances Miller (2020–2022) — Director
- Former: Talithia Williams (2020–2022) — Director
- Former: Todd Lehmann (2020–2022) — Director
- Former: Sean Kevelighan (2021–2022) — Director
- Former: Amy Juknelis (2022) — Vp-Professional Education
- Former: David Core (2019–2021) — Director, Professional Education & Research
- Former: Julia Stenberg (2019–2021) — Director
- Former: Melissa Tomita (2019–2021) — Director
- Former: Stephen Mildenhall (2019–2021) — Director
- Former: Steven Armstrong (2019–2021) — Board Chair
- Former: Amy Jukenlis (2020–2021) — Vp-Professional Education
- Former: David Cummings (2021) — Director
- Former: Avraham Adler (2019–2020) — Vp-Research
- Former: Brad Monterio (2019–2020) — Director
- Former: Cynthia Ziegler (2019–2020) — Executive Director
- Former: James Christie (2019–2020) — Board Chair
- Former: James Lynch (2019–2020) — Director
- Former: Jeanne Crowell (2019–2020) — Vp-Admissions
- Former: Katey Walker (2019–2020) — Director
- Former: Kenneth Williams (2020) — Staff Actuary
- Former: Amy Brener (2019) — Director Cas Institute
- Former: Ashley Zamperini (2019) — Director of Admissions
- Former: Brian Brown (2019) — Board Chair
- Former: Claudine Modlin (2019) — Director
- Former: John Lucker (2019) — Director
- Former: Leslie Marlo (2019) — Director
- Former: Mark Shapland (2019) — Director
- Former: Peter Miller (2019) — Director
- Former: Roger Hayne (2019) — Vp-International
- Former: Shane Barnes (2019) — Vp-Marketing & Communications
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
The highest reported compensation on the 2025 filing was $587K, to Victor Carter-Bey (Chief Executive Officer). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Casualty Actuarial Society
How much does Casualty Actuarial Society give each year?
Casualty Actuarial Society gave $323K across 13 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $273K across 14 grants.
What is Casualty Actuarial Society's typical grant size?
Casualty Actuarial Society's median grant in 2025 was $8,100, and its average grant was $24,880, across 13 grants on its 2025 IRS Form 990.
Where does Casualty Actuarial Society give grants?
Casualty Actuarial Society gives mostly in Illinois: 61% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Ohio (20%) and Texas (6%). The most frequent recipient cities were Chicago, IL (3 grants).
Does Casualty Actuarial Society give general operating support?
Not in 2025: none of the 13 grants with a stated purpose on Casualty Actuarial Society's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Actuarial Research" (5 grants), "Sponsorship" (4 grants) and "To Provide Funding for Administration of Organization" (3 grants).
Who are Casualty Actuarial Society's largest grantees?
Casualty Actuarial Society's largest 2025 grantees include The Actuarial Foundation ($140,000), International Association of Black Actuaries ($65,000) and Organization of Latino Actuaries ($22,500), according to its 2025 IRS Form 990. Together they received 70% of its itemized 2025 grant dollars.
How large is Casualty Actuarial Society?
Casualty Actuarial Society reported $36.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $24.0M.
What does Casualty Actuarial Society fund?
CAS’s stated mission is to advance actuarial science applied to general insurance, including property, casualty, and similar risks; expand its application to enterprise and systemic risks; maintain membership qualifications and professional standards; increase awareness of actuarial science; and contribute to society’s well-being. See mission & focus areas ↑
How do I apply for a grant from Casualty Actuarial Society?
Casualty Actuarial Society has no public application process in the sources Grantable reviewed. Check casact.org for current guidelines, or contact the foundation directly before submitting a request.
What is Casualty Actuarial Society's EIN?
Casualty Actuarial Society's EIN (Employer Identification Number) is 13-6113674. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS June 29, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 25, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 7, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 5, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS August 11, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in Virginia
Virginia Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Casualty Actuarial Society's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The American Ceramic Society Inc
Westerville, OH
To foster the study, understanding, development, and application of ceramics, glasses, and related materials for the benefit of our members, industry, and the global society.
Assets
$19.9M
Grants
1
Total Given
$14K
Conference of Consulting Actuaries
Bee Cave, TX
The Conference serves as an educational and professional membership organization for actuaries located primarily in the United States and Canada.
Assets
$12.2M
Grants
3
Total Given
$73K
Society of Actuaries
Chicago, IL
Through education and research, the soa advances actuaries as leaders in measuring and managing risk to improve financial outcomes for individuals, organizations, and the public.
Assets
$88.9M
Grants
5
Total Given
$769K
Deloitte Foundation
Stamford, CT
The Deloitte Foundation funds U.S. education initiatives, including scholarships, curriculum and faculty support, mentoring, and grants to education nonprofits and universities, particularly through local programs in about 30 selected locations. Its 2025 grants had a median of $50,000, and it does not accept unsolicited requests for its Local Impact Grant Program.
Assets
$51.4M
Grants
121
Total Given
$32.5M
Bechtel Group Foundation
Glendale, AZ
The Bechtel Group Foundation supports communities worldwide where Bechtel has offices or projects, with a focus on math, science, and engineering. Its 2024 grants ranged from $100 to $500,000, with a median of $1,000; it accepts written submissions, and no deadline is listed.
Assets
$22.9M
Grants
45
Total Given
$3.0M
Power Foundation Inc
Meridian, ID
POWER Foundation supports charitable and educational work, including higher education and student aid, schools, and science education. Its 2025 grants ranged from $500 to $73,356, with a median of $5,000; funding went to organizations in multiple states, with the largest shares in Idaho and Ohio. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$4.7M
Grants
47
Total Given
$304K
More similar funders
More Funders in Virginia
Cite this profile
Grantable. (2026). Casualty Actuarial Society funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/casualty-actuarial-society-morg_5d7367a789b843359f72f242e8b47f2e
BibTeX
@misc{grantable_136113674_2026,
author = {{Grantable}},
title = {{Casualty Actuarial Society funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/casualty-actuarial-society-morg_5d7367a789b843359f72f242e8b47f2e},
note = {Accessed 2026-10-23. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Casualty Actuarial Society's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Casualty Actuarial Society down — hundreds of funders to go?