nonprofit logo

The Actuarial Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363968441 ✦ Schaumburg, IL ✦ Designated as a 501(c)(3)

Overview

What is The Actuarial Foundation?

The Actuarial Foundation, a 501(c)(3) organization situated in Schaumburg, Illinois, is dedicated to fostering mathematical thinking among future generations. They accomplish this by providing complimentary educational materials to teachers and students in grades 4-12. These resources encompass hands-on projects, lesson plans, and online activities, covering various mathematical topics and financial literacy themes. One of their flagship initiatives is the Modeling the Future Challenge (MTF), a critical thinking, mathematics competition for high school students, offering scholarships worth $55,000. The award-winning Financial Literacy Curriculum Resource, Building Your Future, has reached over 500,000 students and 60,000 teachers nationwide. The foundation further bridges the opportunity gap through a volunteer-driven S.A.T. and math tutoring program, connecting low-income urban high school students with professional actuaries and mathematics majors.


Official website here: www.actuarialfoundation.org

Is The Actuarial Foundation legitimate?

The Actuarial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Actuarial Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.actuarialfoundation.org

What is the mission statement of The Actuarial Foundation?

The Actuarial Foundation, a 501(C)(3) organization, serves as the philanthropic body for the actuarial industry in the United States. Established in 1994, its primary focus has been on promoting lifelong mathematics education and financial literacy. The foundation achieves this goal through its learning resources and scholarships. The mission of The Actuarial Foundation is to enhance mathematics education and financial literacy by leveraging the talents and resources of actuaries. Its vision is to foster an educated public striving towards a secure financial future.


Official website here: www.actuarialfoundation.org

Who is the CEO of The Actuarial Foundation?

Jason Leppin is the Chair of The Actuarial Foundation.


Official website here: www.actuarialfoundation.org

What is the revenue of The Actuarial Foundation?

The Actuarial Foundation's revenue in 2022 was $3,775,493.


Official website here: www.actuarialfoundation.org

Who are the executives of The Actuarial Foundation and what are their salaries?

Here are 31 key members and their salaries:

    Margaret Resce Milkint (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Wacek Fcas Cera Maaa (Chair-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dewaye Ullsperger Asa Maaa Fsa (Iaa - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Ferris Fsa Maaa Fca (Secretary Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Johnson Maaa Fsa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad C Wischmeyer Fcas Maaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Spalla Maaa Fcas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Smith Fsa Maaa Cfa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric C Sherman Fsa Maaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Rotello Fca Fsa Ea Iaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nadine Orloff Fas Ea Maaa Fca (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Odomirok Fcas Maaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Ybarra (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Olga T Jacobs Fsa Maaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Engdahl-Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Robinson Fcas Maaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted A Lyle Fsa Maaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nora Benanti Fcas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andie Christopherson Fsa Maaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Conger Fcas Maaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Cusick Acas Maaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexander Dewitt Fcas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Edwalds Fsa Fcas Maaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Eisenstein Fca Maaa Fsa Ea (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Gingrich Fsa Ea Fca (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Jones Fsa Ea (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Leong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Mingione Fca Maaa Fsa Ea (Cera, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cande Olsen Fsa Maaa Clu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Leppin (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.actuarialfoundation.org

    Where can I find the form 990 for The Actuarial Foundation?

    The The Actuarial Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.actuarialfoundation.org

    Learn more at the official website: www.actuarialfoundation.org

    Mission Statement of The Actuarial Foundation

    The Actuarial Foundation, a 501(c)(3) organization, serves as the philanthropic body for the actuarial industry in the United States. Established in 1994, its mission is centered around promoting lifelong math education and financial literacy. The organization achieves this mission by leveraging the talents and resources of actuaries. Through its learning resources and scholarships, The Actuarial Foundation aims to enhance math education and financial literacy, ultimately envisioning an educated public working towards a secure financial future. In essence, The Actuarial Foundation seeks to utilize the expertise of actuaries to foster a population equipped with strong mathematical skills and a solid understanding of financial principles.

    Impact

    This information is meant to be a general summary of The Actuarial Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Actuarial Foundation is changing lives through math education. By providing free educational materials to teachers and students in grades 4-12, the foundation encourages new generations of mathematical thinkers. Students have the opportunity to participate in the Modeling the Future Challenge, a critical thinking mathematics competition offering college scholarships. Additionally, the foundation offers award-winning financial literacy curriculum resources like Building Your Future, impacting over 60,000 high school teachers and 500,000 students nationwide. Through a volunteer-driven SAT and math tutoring program, low-income urban high school students are paired with actuarial professionals and college students, helping to close the opportunity gap. The Actuarial Foundation's mission is to enhance math education and financial literacy, utilizing the talents and resources of actuaries to create a more educated public pursuing a secure financial future.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $504,369
  • Program Service Revenue: $0
  • Gross Receipts: $4,069,059

    • Assets and Liabilities:
  • Total Assets: $9,127,147
  • Total Liabilities: $727,009
  • Net Assets: $8,400,138
  • Organization Details

    Founding Year

    1994

    Principal Officer

    Jason Leppin

    Main Address

    475 N MARTINGALE ROAD 600, SCHAUMBURG, IL, 60173

    NTEE Category

    Code: B03 - Education

    If you are a representative of The Actuarial Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.