Reinsurance Association of America logo

Reinsurance Association of America

501(c)(6) organization Washington, DC EIN: 52-0882723 Website

The purposes of Reinsurance Association of America are to assist members in protecting the interests of the industry; to act as the industry representative before congress, federal and state regulatory and administrative bodies and commissions, and the public; and to assist reinsurers in providing coverage and service responsive to the evolving needs of primary insurers and the public by collecting and disseminating information and by providing a forum for the discussion and consideration of this information.

Reinsurance Association of America at a glance

In short: Reinsurance Association of America gave $58K across 4 grants in 2024 (avg $14K), top state Illinois. Source: 2024 IRS Form 990.

Annual giving (2024)
$57,500
+4.5% vs 2023
Grants made (2024)
4
+0.0% vs 2023
Average grant
$14,375
+4.5% vs 2023
Median grant
$10,000
Total assets
$11,381,241
-1.6% vs 2023
Primary geography
Illinois (48% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Reinsurance Association of America funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

American Property Casualty Insurance Association: $28KAmerican Property CasualtyInsurance Association$28KAmerican Consumer Institute Center for Citizen Research: $10KAmerican Consumer InstituteCenter for Citizen Research$10KRand Corporation: $10KRand Corporation$10KThe Council of Insurance Agents & Brokers: $10KThe Council of InsuranceAgents & Brokers$10K

The largest 2024 recipient was American Property Casualty Insurance Association ($28K). Together the top 4 received $58K.

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 13 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

WashingtonChicagoRestonSanta Monica

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2019 0 grants2020 0 grants2021 5 grants2022 4 grants2023 4 grants2024

From 2022 to 2024, annual grant giving ranged from $53K (2022) to $58K (2024). In 2024 it made 4 grants totaling $58K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
American Property Casualty Insurance Association Chicago, ILEvent Sponsorship$27,500
American Consumer Institute Center for Citizen Research Reston, VAResearch$10,000
Rand Corporation Santa Monica, CAGeneral Support$10,000
The Council of Insurance Agents & Brokers Washington, DCEvent Sponsorship$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$11,381,241$11,298,237$10,870,088$57,5004$814,062
2023$11,570,717$10,224,355$10,863,933$55,0004$311,618
2022$11,772,489$9,554,790$8,970,734$52,5005$242,905
2021$8,490,929$8,536,934$8,696,699——$381,494
2020$8,006,193$9,042,551$8,840,207——$233,016
2019$7,443,621$9,209,961$9,132,166——$189,787

About Reinsurance Association of America

Based on IRS filings

Reinsurance Association of America is a public charity, based in Washington, DC. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $11.4M in total assets. In 2024, it awarded 4 grants totaling $58K. Net investment income was $814K.

Leadership & Key People

Officers and directors from IRS filings

Reinsurance Association of America is led by Franklin W. Nutter, President on every filing since 2019; 11 of 56 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Franklin W. Nutter

    President

    On filings since 2019

    40 hrs/week

    $1.1M (2019) → $273K (2024)

  • J. Lee Covington II

    President

    New on the 2024 filing

    40 hrs/week

    $1.2M (2024)

  • Jim Williamson

    Chairman

    Secretary-Treasurer → Vice Chairman, 2023

    Vice Chairman → Chairman, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Rahel Willis

    Director of Finance & Business

    Director of Finance & Business Operations → Director of Finance & Business, 2020

    On filings since 2019

    40 hrs/week

    $162K (2019) → $234K (2024)

  • Andrew Bernstein

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Brian Boornazian

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Brian Young

    Director

    Vice Chairman → Chairman, 2022

    Chairman → Director, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Christian Dunleavy

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Christopher Donelan

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • James E. Wixtead

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jason Busti

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jean-Paul Dyer

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jeffrey Clements

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • John Bender

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Justin O'Keefe

    Director

    Vice Chairman → Chairman, 2023

    Chairman → Director, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kathleen Reardon

    Director

    Vice Chairman → Chairman, 2020

    Chairman → Director, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Nathan Colson

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Ryan Mather

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Justin Keith

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ken Brandt

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Liz Cunningham

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Marcus Winter

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Paul Wollmann

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Andrew Boris

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Matt Paskin

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Andrew Smith

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Charles Goldie

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Christopher Buse

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Donald Bahr

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • George W. Demenocal

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • H. Clay Bassett

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • J. Robert Bredahl

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jon Schriber

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Nathaniel Wallman

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Philip Sandercox

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Simon Hedley

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Tim Barber

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Timothy Gardner

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Alexander Van Dijk

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • David Sigmon

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Greg Richardson

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Gregory Schiffer

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Kim Barnett

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Richard Taylor

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Scott Kreuzer

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Steve Agosta

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Dennis C. Burke

    Vice President

    On filings since 2019

    40 hrs/week

    $270K (2019) → $287K (2024)

  • Joseph B. Sieverling

    Senior Vice President

    On filings since 2019

    40 hrs/week

    $470K (2019) → $376K (2024)

  • Joseph C. Shue

    Vice President

    On filings since 2019

    40 hrs/week

    $191K (2019) → $231K (2024)

  • Karalee C. Morell

    Senior Vice President

    On filings since 2019

    40 hrs/week

    $346K (2019) → $413K (2024)

  • Marsha A. Cohen

    Senior Vice President

    On filings since 2019

    40 hrs/week

    $386K (2019) → $444K (2024)

  • Nicole C. Austin

    Senior Vice President

    On filings since 2019

    40 hrs/week

    $357K (2019) → $419K (2024)

  • Warren S. Williamson

    Vice President

    On filings since 2019

    40 hrs/week

    $307K (2019) → $385K (2024)

  • Paul Martin

    Vice President

    On filings since 2020

    40 hrs/week

    $200K (2020) → $193K (2024)

  • Jonathan Colello

    Vice Chairman

    Director → Secretary-Treasurer, 2023

    Secretary-Treasurer → Vice Chairman, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Nic Berg

    Secretary-Treasurer

    Director → Secretary-Treasurer, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (36)
  • Former: James W. B. Hole (2019–2023) — Director
  • Former: John Rathberger (2019–2023) — Director
  • Former: Ken Vivian (2019–2023) — Not Listed
  • Former: Dick Sanford (2021–2023) — Director
  • Former: Michael Beck (2021–2023) — Director
  • Former: Chris Schaper (2023) — Director
  • Former: Douglas May (2023) — Director
  • Former: Jim Bradshaw (2023) — Director
  • Former: Lee Covington (2023) — President-Elect
  • Former: Paul Hillar (2023) — Director
  • Former: Pete Chandler (2023) — Director
  • Former: Vijay Manghnani (2023) — Director
  • Former: Vincent J. Dowling (2023) — Director
  • Former: Dan Malloy (2019–2022) — Director
  • Former: Janet Katz (2019–2022) — Director
  • Former: Jed Rhoads (2019–2022) — Director
  • Former: John Jenkins (2019–2022) — Director
  • Former: John P. Welch (2019–2022) — Director
  • Former: Mika Krefta (2019–2022) — Director
  • Former: Tim Courtis (2019–2022) — Director
  • Former: Christopher Hayward (2020–2022) — Director
  • Former: Freddie Scarratt (2021–2022) — Director
  • Former: John Berger (2019–2021) — Director
  • Former: John P. Doucette (2019–2021) — Director
  • Former: Steven M. Levy (2019–2021) — Director
  • Former: Bob Kuehn (2020–2021) — Director
  • Former: Ed Stanco (2020–2021) — Director
  • Former: Mike Sapnar (2020–2021) — Director
  • Former: Barbara Carroll (2019) — Director of Membership & Communications
  • Former: Chris Hayward (2019) — Director
  • Former: Edward J. Stanco (2019) — Director
  • Former: Kean Driscoll (2019) — Vice Chairman
  • Former: Michael C. Sapnar (2019) — Director
  • Former: Mike Sowa (2019) — Director
  • Former: Richard N. Sanford (2019) — Director
  • Former: Robert Kuehn (2019) — Director

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

J Lee Covington II — President (To OCT '24): $1.2MJ Lee Covington IIPresident (To OCT '24)$1.2MMarsha a Cohen — Senior Vice President: $444KMarsha a CohenSenior Vice President$444KNicole C Austin — Senior Vice President: $419KNicole C AustinSenior Vice President$419KKaralee C Morell — Senior Vice President: $413KKaralee C MorellSenior Vice President$413KWarren S Williamson — Vice President: $385KWarren S WilliamsonVice President$385KJoseph B Sieverling — Senior Vice President (To APR '24): $376KJoseph B SieverlingSenior Vice President (To APR…$376KDennis C Burke — Vice President: $287KDennis C BurkeVice President$287KFranklin W Nutter — President: $273KFranklin W NutterPresident$273KRahel Willis — DIR. of Finance & Business: $234KRahel WillisDIR. of Finance & Business$234KJoseph C Shue — Vice President: $231KJoseph C ShueVice President$231KPaul Martin — Vice President: $193KPaul MartinVice President$193K

The highest reported compensation on the 2024 filing was $1.2M, to J Lee Covington II (President (To OCT '24)). 11 officers or directors reported compensation on that filing.

Frequently asked questions about Reinsurance Association of America

How much does Reinsurance Association of America give each year?

Reinsurance Association of America gave $58K across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $55K across 4 grants.

What is Reinsurance Association of America's typical grant size?

Reinsurance Association of America's median grant in 2024 was $10,000, and its average grant was $14,375, across 4 grants on its 2024 IRS Form 990.

Where does Reinsurance Association of America give grants?

Reinsurance Association of America's top state is Illinois, with 48% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Virginia (17%) and California (17%).

Does Reinsurance Association of America give general operating support?

Yes: 25% of Reinsurance Association of America's 2024 grants with a stated purpose (1 of 4) were for general or operating support, per its 2024 IRS Form 990.

How large is Reinsurance Association of America?

Reinsurance Association of America reported $11.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $11.3M.

What is Reinsurance Association of America's EIN?

Reinsurance Association of America's EIN (Employer Identification Number) is 52-0882723. IRS Form 990 filing data is available on this page for 2019–2024.

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

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS June 26, 2020)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS August 11, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS October 18, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS April 14, 2025)
  5. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Reinsurance Association of America'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.

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