Public Charity

RISK MANAGEMENT FOUNDATION

RISK MANAGEMENT FOUNDATION, of EVANSTON, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $7.0M in revenue, $5.2M in expenses, $29.2M in total assets. IRS filings disclose 16 grants awarded by this foundation, totaling roughly $4.4M.

EIN: 363579508 EVANSTON, IL Health Care NTEE: E Latest filing: 2025
Total Revenue$7.0M
Total Expenses$5.2M
Total Assets$29.2M
Grants Given16
Grant Total$4.4M
Filing Years2021–2025

Mission

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.

Where $100 goes at Risk Management Foundation

How Risk Management Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$96 Programs the work itself
$4 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $96 for programs

$96
Rmf provides extensive educational programming and materials about risk management to its membership and other interested parties
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

EVANSTON, IL · 2024
TO CONDUCT PROPERTY SAFETY INSPECTIONS AND LIFE SAFETY CONSULTATIONS FOR RMF-MEMBER PROPERTIES
$367,500
EVANSTON, IL · 2024
RISK MANAGEMENT EDUCATION FOR UNDERGRADUTES AND ADVISORS
$277,544
EVANSTON, IL · 2023
TO CONDUCT PROPERTY SAFETY INSPECTIONS AND LIFE SAFETY CONSULTATIONS FOR RMF-MEMBER PROPERTIES
$515,000
EVANSTON, IL · 2023
RISK MANAGEMENT EDUCATION FOR UNDERGRADUATES AND ADVISORS
$260,000
EVANSTON, IL · 2022
TO CONDUCT PROPERTY SAFETY INSPECTIONS AND LIFE SAFETY CONSULTATIONS FOR RMF-MEMBER PROPERTIES
$515,000

Showing up to 5 of 16 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Andrew Williams
BOARD MEMBER / CHAIRMAN Dennis Santoli
BOARD MEMBER / TREASURER Edward Pitt
BOARD MEMBER John Yeo
BOARD MEMBER / VICE CHAIRMAN Keith Dobrolinsky
BOARD MEMBER Nathan A Neal Esq

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$1,710,230 9 grants
Unspecified
$2,736,892 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $7.0M $5.2M $29.2M
2024 $6.0M $5.0M $25.5M
2023 $5.1M $5.2M $22.1M
2022 $5.4M $2.8M $20.8M
2021 $4.9M $3.3M $23.0M

Between 2021 and 2025, reported annual revenue grew from $4.9M to $7.0M (+44%), with total assets most recently reported at $29.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IL.

IL

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for RISK MANAGEMENT FOUNDATION

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