Risk Acceptance Management Corporation

WINSTONSALEM, NC EIN: 56-1619182

RISK ACCEPTANCE MANAGEMENT CORPORATION IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO ADMINISTER THE CITY OF WINSTON-SALEM'S LIABILITY RISK MANAGEMENT PROGRAM. IN EXCHANGE, THE CITY AGREES TO MAKE AN ANNUAL PAYMENT IF INSUFFICIENT FOR ADMINISTRATION OF THE PROGRAM.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$43.6M

Grant Count

1

Avg Grant Size

$43.6M

About Risk Acceptance Management Corporation

Based on IRS filings

Risk Acceptance Management Corporation is a nonprofit organization focused on Mutual/Membership Benefit, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $43.6M. Net investment income was $4.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Winstonsalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12M$24M$37M$49M202020212022
Metric202220212020
Total Assets$53,848,964$40,760,590
Revenue$4,248,054$5,040,675$2,547,188
Expenses$44,431,951$3,719,340$1,834,820
Qualifying Distributions
Net Investment Income$4,248,054$3,909,940$1,438,628
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$11M$22M$33M$44M0 grants20200 grants20211 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2022

CITY OF WINSTON-SALEM$43.6M

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include City of Winston-salem ($43,598,956).

RecipientPurposeAmount
CITY OF WINSTON-SALEM WINSTONSALEM, NCGENERAL SUPPORT$43,598,956

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
LISA M SAUNDERSPRESIDENT/DIRECTOR1
WILLIAM B ROWEVICE-PRESIDENT/DIRECTOR1
DENISE C ADAMSDIRECTOR1
ROBERT CLARKDIRECTOR1
DARIN N WEBSTERDIRECTOR1
KELLY LATHAMSECRETARY/TREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Risk Acceptance Management Corporation?

Risk Acceptance Management Corporation is a nonprofit organization focused on Mutual/Membership Benefit, based in WINSTONSALEM, NC. It holds — in total assets as of 2022.

Where does Risk Acceptance Management Corporation operate?

Risk Acceptance Management Corporation has awarded grants in North Carolina.

What size grants does Risk Acceptance Management Corporation award?

In 2022, Risk Acceptance Management Corporation awarded 1 grants totaling $43.6M — an average of about $43.6M per grant, based on its IRS Form 990 filings.

What is Risk Acceptance Management Corporation's EIN?

Risk Acceptance Management Corporation's EIN (Employer Identification Number) is 56-1619182. IRS Form 990 filing data is available on this page for 2020–2022.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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