Public Charity

THE ACTUARIAL FOUNDATION

THE ACTUARIAL FOUNDATION is a nonprofit organization categorized as Public Charity based in SCHAUMBURG, IL. Its most recent IRS filing (2025) reports revenue of $3.2M, expenses of $4.6M, total assets of $3.8M. Imperigo tracks 117 reported grant relationships connected to this organization totaling approximately $5.8M.

EIN: 363968441 SCHAUMBURG, IL Professional Societies & Associations NTEE: B03 Latest filing: 2025
Total Revenue$3.2M
Total Expenses$4.6M
Total Assets$3.8M
Grant Records117
Funding Total$5.8M
Filing Years2021–2025

Mission

THE ACTUARIAL FOUNDATION, A 501(C)(3) ORGANIZATION, IS A PHILANTHROPIC PARTNER OF THE ACTUARIAL PROFESSIONIN THE UNITED STATES. SINCE 1994, THE FOUNDATION HAS LED THE WAY TO CREATE QUALITY MATH EDUCATION INITIATIVES FOR STUDENTS, TEACHERS, AND FAMILIES. OUR MISSION IS TO UNLEASH THE POWER OF MATH EDUCATION AND TRANSFORM FUTURES BY LEVERAGING THE TALENTS AND RESOURCES OF THE ACTUARIAL COMMUNITY. OUR VISION IS A FUTURE WHERE EVERYONE EXPERIENCES CONFIDENCE AND OPPORTUNITIES AVAILABLE THROUGH MATH PROFICIENCY.

Where $100 goes at The Actuarial Foundation

How The Actuarial Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$64 Programs the work itself
$24 Management running the organization
$12 Fundraising raising the next dollar

Inside the $64 for programs

$35
Education
55% of program spending · Reported in the filing: 60,000 teachers; 500,000 students
$25
The Actuarial Foundation supports and inspires the next generation of actuarial professionals through the STEM stars actuarial scholars program
38% of program spending
$4
Awards & prizes
7% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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.

Officers & Directors

TRUSTEE Alejandra Nolibos
TRUSTEE Alexander D Dewitt
SECRETARY TREASURER Anand Khare
IMMEDIATE PAST CHAIR Andy Ferris
TRUSTEE Barry Jacobsen
TRUSTEE Cande Olsen

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,538,560 87 grants
Education
$994,570 18 grants
Human & Social Services
$178,285 3 grants
Youth Development
$20,000 2 grants
Unspecified
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $3.2M $4.6M $3.8M
2024 $4.0M $5.3M $5.3M
2023 $3.9M $5.3M $7.4M
2022 $3.8M $4.2M $9.1M
2021 $2.8M $2.7M $10.3M

Between 2021 and 2025, reported annual revenue grew from $2.8M to $3.2M (+16%), with total assets most recently reported at $3.8M.

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

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