THE ACTUARIAL FOUNDATION, A 501(C)(3) ORGANIZATION, IS THE PHILANTHROPIC ORGANIZATION FOR THE ACTUARIAL INDUSTRY IN THE UNITED STATES. SINCE 1994, THE FOUNDATION HAS PROMOTED LIFELONG MATH EDUCATION AND FINANCIAL LITERACY THROUGH ITS LEARNING RESOURCES AND SCHOLARSHIPS. THE MISSION OF THE FOUNDATION IS TO ENHANCE MATH EDUCATION AND FINANCIAL LITERACY THROUGH THE TALENTS AND RESOURCES OF ACTUARIES. THE FOUNDATION'S VISION IS AN EDUCATED PUBLIC IN PURSUIT OF A SECURE FINANCIAL FUTURE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
-28.4% YoY
Revenue
$4.0M
+3.7% YoY
Net Investment Income
$1.1M
+80.3% YoY
Expenses
$5.3M
+0.7% YoY
About The Actuarial Foundation
Based on IRS filings
The Actuarial Foundation is a nonprofit organization focused on Education, based in SCHAUMBURG, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.3M in total assets. Net investment income was $1.1M.
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 | $5,284,021 | $7,379,506 | $9,127,147 |
| Revenue | $3,996,798 | $3,853,775 | $3,775,493 |
| Expenses | $5,300,168 | $5,262,124 | $4,248,343 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,082,379 | $600,233 | $504,369 |
| 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 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
4 open opportunities from The Actuarial Foundation
Math Motivators Tutoring Program
THE ACTUARIAL FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Modeling the Future Challenge (MTFC)
THE ACTUARIAL FOUNDATION
Amount
Varies
Deadline
Rolling / Open
STEM Stars Actuarial Scholars Program
THE ACTUARIAL FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NORA BENANTI | TRUSTEE | 1 | — |
| CRAIG BUCK | TRUSTEE | 1 | — |
| ANDIE CHRISTOPHERSON | TRUSTEE | 1 | — |
| KELLY CUSICK | TRUSTEE | 1 | — |
| ALEXANDER DEWITT | TRUSTEE | 1 | — |
| CYNTHIA EDWALDS | TRUSTEE | 1 | — |
| STEVE EISENSTEIN | TRUSTEE | 1 | — |
| JEREMY ENGDAHL-JOHNSON | TRUSTEE | 1 | — |
| ANDY FERRIS | CHAIR | 1 | — |
| EMILY GINGRICH | TRUSTEE | 1 | — |
| OLGA JACOBS | TRUSTEE | 1 | — |
| JEFFREY JOHNSON | TRUSTEE | 1 | — |
| RICHARD JONES | TRUSTEE | 1 | — |
| ANAND KHARE | SECRETARY TREASURER | 1 | — |
| TRAVIS LAPPE | TRUSTEE | 1 | — |
| TED LYLE | TRUSTEE | 1 | — |
| KASSIE MARONEY | TRUSTEE | 1 | — |
| JERRY MINGIONE | TRUSTEE | 1 | — |
| CANDE OLSEN | TRUSTEE | 1 | — |
| NADINE ORLOFF | TRUSTEE | 1 | — |
| LELA PATRIK | TRUSTEE | 1 | — |
| SHARON ROBINSON | CHAIR-ELECT | 1 | — |
| STEVE ROMINSKE | TRUSTEE | 1 | — |
| ELIZABETH SANDER | TRUSTEE | 1 | — |
| ERIC SHERMAN | TRUSTEE | 1 | — |
| JOANNE SPALLA | TRUSTEE | 1 | — |
| RICHARD VEYS | TRUSTEE | 1 | — |
| STEVE WHITE | TRUSTEE | 1 | — |
| CHAD WISCHMEYER | TRUSTEE | 1 | — |
| STEWART ASHKENAZY | TRUSTEE | 1 | — |
| VALERIE THOMPSON | EXECUTIVE DIRECTOR | 40 | $145,690 |
| JASON LEPPIN | PRIOR EXECUTIVE DIRECTOR | 1 | $230,635 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Actuarial Foundation?
The Actuarial Foundation is a nonprofit organization focused on Education, based in SCHAUMBURG, IL. It holds $5.3M in total assets as of 2024.
How large is The Actuarial Foundation?
As of 2024, The Actuarial Foundation holds $5.3M in total assets with $4.0M in annual revenue.
Where does The Actuarial Foundation operate?
The Actuarial Foundation has awarded grants in Texas.
What is The Actuarial Foundation's EIN?
The Actuarial Foundation's EIN (Employer Identification Number) is 36-3968441. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Actuarial Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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