The Risk Management Association Foundation is a private foundation based in Chicago, Illinois, located at 222 W Adams St Suite 2300. Established with an IRS ruling year of 2015, the foundation operates as a 501(c)(3) organization and focuses on advancing risk management education and professional development.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$95K
-37.1% YoY
Grant Count
76
-32.7% YoY
Avg Grant Size
$1K
-6.5% YoY
Mission & Focus Areas
The foundation's grant-making priorities center on:
- Education
- Scholarships & Student Financial Aid
- Mutual & Membership Benefit organizations
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation's funding activities have historically focused on:
- Texas
- Wisconsin
- California
Additional geographic interests noted include Virginia, New Jersey, Florida, and North Carolina.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $7,485,733
Total Giving (2024): $0
The foundation maintains substantial assets despite reporting no distributions in the most recent filing year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Carley Cook ($5,000), Christian Holmes ($4,000), Heather Darpel ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| HANNAH ABRAHAM DENTON, TX | SCHOLARSHIPS | $1,500 |
| KERRICK ADKINS FULTON, MO | SCHOLARSHIPS | $1,000 |
| ALEX BAGDIKIAN PRAIRIE VIEW, TX | SCHOLARSHIPS | $1,000 |
| SEMAJ BARNETT PRAIRIE VIEW, TX | SCHOLARSHIPS | $1,000 |
| AUSTIN BELSAN HOLLAND, MI | SCHOLARSHIPS | $1,000 |
| JLYNN BLACK PRAIRIE VIEW, TX | SCHOLARSHIPS | $1,000 |
| MICHAEL BLACKBURNE COLLEGE STATION, TX | SCHOLARSHIPS | $1,000 |
| TRINITI BOSON HOUSTON, TX | SCHOLARSHIPS | $1,000 |
| REED BURKETT-SCHNEIDER BOSTON, MA | SCHOLARSHIPS | $1,000 |
| XANDER CARRERA SAN DIEGO, CA | SCHOLARSHIPS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEBORAH L BIANUCCI | PRESIDENT AND CEO | 0.25 | — |
| JODI RICHARD | CHAIRMAN OF THE BOARD | 0.25 | — |
| TODD M BARNHART | VICE CHAIRMAN | 0.25 | — |
| TIMOTHY S CRANE | IMMEDIATE PAST CHAIRMAN | 0.25 | — |
| SETH WALLER | TREASURER | 0.25 | — |
| CHARLES G KIM | SECRETARY | 0.25 | — |
| AMANDA NORTON | SPECIAL ADVISOR | 0.25 | — |
| SCOTT M PETERS | SPECIAL ADVISOR | 0.25 | — |
| GLORIA C BANKS | DIRECTOR-AT-LARGE | 0.25 | — |
| STEVIE BARON | DIRECTOR-AT-LARGE (THRU 12/31/2023) | 0.25 | — |
| ROBERT A BERMAN | DIRECTOR-AT-LARGE (THRU 12/31/2023) | 0.25 | — |
| MONICA BOWE | DIRECTOR-AT-LARGE | 0.25 | — |
| MARK BRUCKER | DIRECTOR-AT-LARGE | 0.25 | — |
| GEORGE BUCHANAN | DIRECTOR-AT-LARGE | 0.25 | — |
| LARISSA CHAIKOWSKY | DIRECTOR-AT-LARGE | 0.25 | — |
| KATRINA M EVANS | DIRECTOR-AT-LARGE (THRU 12/31/2023) | 0.25 | — |
| NIMA GHAMSARI | DIRECTOR-AT-LARGE (THRU 12/31/2023) | 0.25 | — |
| DARLENE GOINS | DIRECTOR-AT-LARGE | 0.25 | — |
| SHERRY GRAZIANO | DIRECTOR-AT-LARGE (THRU 12/31/2023) | 0.25 | — |
| GRAEME HEPWORTH | DIRECTOR-AT-LARGE | 0.25 | — |
| CRYSTAL HUMPHREYS | DIRECTOR-AT-LARGE | 0.25 | — |
| JOHN T JORDAN | DIRECTOR-AT-LARGE | 0.25 | — |
| SUSAN A LAMONICA | DIRECTOR-AT-LARGE | 0.25 | — |
| CHRISTOPHER J MCCOMISH | DIRECTOR-AT-LARGE (THRU 12/31/2023) | 0.25 | — |
| MARK W MIDKIFF | DIRECTOR-AT-LARGE | 0.25 | — |
| ARIJIT ROY | DIRECTOR-AT-LARGE (THRU 12/31/2023) | 0.25 | — |
| HUMBERTO SALOMON | DIRECTOR-AT-LARGE | 0.25 | — |
| MARK R SHEEHAN | DIRECTOR-AT-LARGE | 0.25 | — |
| KEVIN SLANE | DIRECTOR-AT-LARGE | 0.25 | — |
| CLARKE STARNES | DIRECTOR-AT-LARGE | 0.25 | — |
| AMEESH P VAKHARIA | DIRECTOR-AT-LARGE | 0.25 | — |
Recent News & Activity
Recent developments and announcements
The foundation was established to focus on teaching risk management principles, reflecting the Risk Management Association's broader commitment to scholarship and educational advancement in the financial services and risk management industries.
New RMA foundation will focus on teaching risk principlesSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Risk Management Association Foundation fund?
The foundation's grant-making priorities center on: • Education • Scholarships & Student Financial Aid • Mutual & Membership Benefit organizations
How do I apply for a grant from Risk Management Association Foundation?
**Grant Amounts:** Typical awards range from $1,000 to $5,000. **Recent Activity:** According to the most recent IRS Form 990 filing from 2024, the foundation reported $0 in total giving for that fiscal year.
Where does Risk Management Association Foundation make grants?
The foundation's funding activities have historically focused on: • Texas • Wisconsin • California Additional geographic interests noted include Virginia, New Jersey, Florida, and North Carolina.
What size grants does Risk Management Association Foundation award?
In 2024, Risk Management Association Foundation awarded 76 grants totaling $95K — an average of about $1K per grant, based on its IRS Form 990 filings.
What is Risk Management Association Foundation's EIN?
Risk Management Association Foundation's EIN (Employer Identification Number) is 47-3078149. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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