An Investment in the Future
A new day has dawned for The Actuarial Foundation. We have a single vital Foundation for the profession, aimed at developing a strong public presence to educate individuals and to offer a vehicle for actuaries to give back to their communities.
Thank you for your assistance and guidance. With your help, The Actuarial Foundation, working together with the actuarial community, has the opportunity to make a significant impact on the education of students, consumers and actuaries.
The Case for Support of The Actuarial Foundation
There are more than 20,000 actuaries in the United States, represented by five actuarial organizations, each with a distinct mission of advancing the various facets of the profession. Within the actuarial community, members have long been recognized for their voluntary service, dedication, willingness to help others and spirit of professional unity. It is this history of service, coupled with the unique gifts actuaries offer to society, which forms the core of the Actuarial Foundation – the only independent philanthropic organization representing the actuarial profession.
Leading the Way
The Actuarial Foundation was created in 1994 as a grant-making organization designed to support youth education, consumer education, and research and actuarial education initiatives that utilize actuarial science and skills in the public interest.
As a public foundation, The Actuarial Foundation must demonstrate that it uses contributions to conduct philanthropic outreach to the general public. The tax deductibility of financial contributions is essential to the vitality of the Foundation. The IRS categorizes our Foundation as a 501(c)(3) tax-deductible “public” foundation.
With the support and commitment from the five U.S. actuarial organizations in 2004 – the American Academy of Actuaries, the American Society of Pension Professionals and Actuaries, the Casualty Actuarial Society, the Conference of Consulting Actuaries, and the Society of Actuaries – your donations go directly to support programs.