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Grantmaking public charityEIN 834526499

SOCIETY OF ACTUARIES

CHICAGO, IL 60631

Total Assets

$88.9M

FY 2024

Annual Giving

$769K

FY 2024

Grants Made

5

FY 2024

Avg Grant

$154K

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

Preliminary education: soa's examinations include core topics common to all actuarial disciplines to ensure that all soa members have broad knowledge of risk management and financial security issues that face businesses and individuals. Candidates for soa membership also take exams that are specifically focused on a particular area of practice to ensure that they have the detailed knowledge to provide to the organizations and public the highest level of expertise in their chosen practice. This comprehensive and rigorous educational system develops actuaries who are able to deliver expertise with the high standards that meet the needs of individuals, commercial and public organizations and the public at large, relieving public or governmental organizations from having to provide such educational oversight.

Program 2

Continuing education: the soa conducts various events and professional development opportunities to ensure continued professional growth and excellence for its members. Soa members are required to meet a defined level of continuing education annually in order to maintain their credential. This requirement assures that all soa members, even those who initially earned their credential years earlier, stay current on the latest actuarial practices, knowledge and research - and the ever-evolving societal issues that require actuarial expertise. This lifelong learning supports actuaries as they provide expert advice and relevant solutions for financial, business and societal problems.

Focus Areas

Community Improvement & Capacity Building

Financial Snapshot

2024 filing

Total Revenue

$68.3M

Total Expenses

$57.8M

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $873K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

24 grants

$32K
4 grants
ORGANIZATION OF LATINO ACTUARIES
$30K
1 grant
INTERNATIONAL ASSOCIATION OF BLACK ACTUARIES
$30K
1 grant
$12K
2 grants

Grant Size Distribution

24 grants

<$10K
13
grants
$10–50K
5
grants
$50–250K
1
grants
$250K–1M
5
grants
$1–5M
$5M+

Geographic Focus

7 states

Illinois
$2.3M
94% of total
Maryland
$59K
2% of total
District of Columbia
$32K
1% of total
Connecticut
$30K
1% of total
Texas
$14K
1% of total
Virginia
$14K
1% of total
Michigan
$5K
0% of total

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