Risk Management Foundation (RMF) is a not-for-profit 501(c)(3) educational foundation established to educate chapters and house corporations of Sigma Chi Fraternity about risk management and provide aid in times of loss.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.5M
+15.4% YoY
Annual Giving
$775K
+1.3% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$388K
+1.3% YoY
About Risk Management Foundation
Based on IRS filings
Risk Management Foundation is a nonprofit organization focused on Health, based in EVANSTON, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $25.5M in total assets. In 2024, it awarded 2 grants totaling $775K. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,494,795 | $22,083,939 | $20,799,013 |
| Revenue | $6,030,339 | $5,094,662 | $5,409,546 |
| Expenses | $5,039,739 | $5,215,815 | $2,760,784 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,172,004 | $632,558 | $1,350,540 |
| 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 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dennis Santoli | Board Member / Chairman | 10 | — |
| Edward Pitt | Board Member / Treasurer | 10 | — |
| Keith Dobrolinsky | Board Member / Vice Chairman | 10 | — |
| Nathan A Neal Esq | Board Member / Secretary | 7 | — |
| Andrew Williams | Board Member | 5 | — |
| John Yeo | Board Member | 5 | — |
| Stephen O Davidson | Executive Director | 25 | $121,559 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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