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Illinois · Public charity

Society of Actuaries

Through education and research, the soa advances actuaries as leaders in measuring and managing risk to improve financial outcomes for individuals, organizations, and the public.

$1.1M
Granted FY2024(still arriving)
5
Itemized grants FY2024
6
Organizations funded FY2023
50%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$769k
The rest is grants the schedule does not break out
Median grant, FY2024
$17,000
Largest grant, FY2024
$417,436
Organizations funded a year
3 to 6
FY2020 to FY2023
States reached, FY2024
4
Total assets, FY2024
$89M

How open it is to new grantees

In FY2023, 50% of the organizations Society of Actuaries funded were first-time grantees, receiving 5% of its grant dollars.

New vs renewed · share of each year

In FY2023, 95% of grant dollars renewed an existing relationship; $31k went to new ones.

50%100%’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’21’22’23
EducationHuman ServicesOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving5$769k20%
FY20236$614k50%
FY20226$348k33%
FY20213$218k33%
FY20206$192kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Social Science$1.6MEducation$472kHuman Services$62kHealth$22kEmployment$7k

Top grantees

Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Society of Actuaries Research Institute$1,579,205540%
The Actuarial Foundation$320,00028%
Organization of Latino Actuaries$61,57527%
The Morgan State University Foundation Inc$34,00020%
The Howard University$32,00040%
International Assoc of Black Actuaries$29,8001n/a
Regents of the University of Michigan$28,0003n/a
University of Texas at El Paso$14,0002n/a
Casualty Actuarial Society$13,80310%
Depaul University$12,00020%
Show all 13 grantees
All grantees of Society of Actuaries by total granted
GranteeTotal grantedYearsShare of their budget
Society of Actuaries Research Institute$1,579,205540%
The Actuarial Foundation$320,00028%
Organization of Latino Actuaries$61,57527%
The Morgan State University Foundation Inc$34,00020%
The Howard University$32,00040%
International Assoc of Black Actuaries$29,8001n/a
Regents of the University of Michigan$28,0003n/a
University of Texas at El Paso$14,0002n/a
Casualty Actuarial Society$13,80310%
Depaul University$12,00020%
Morgan State University Actuarial Science$7,0001n/a
Illinois State University Foundation$5,50010%
Kettering University$5,00010%

Where it is load-bearing

Society of Actuaries supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 9 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetSociety of Actuaries Research Institute: $1,579,205 over 5y, 40% of budgetThe Actuarial Foundation: $320,000 over 2y, 8.0% of budgetOrganization of Latino Actuaries: $61,575 over 2y, 7.1% of budgetThe Morgan State University Foundation Inc: $34,000 over 2y, 0.1% of budgetThe Howard University: $32,000 over 4y, 0.0% of budgetCasualty Actuarial Society: $13,803 over 1y, 0.1% of budgetDepaul University: $12,000 over 2y, 0.0% of budgetIllinois State University Foundation: $5,500 over 1y, 0.0% of budgetKettering University: $5,000 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 9.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Blackbaud Giving FundSC9.5× affinity4 shared granteesties to 4 of 4Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Blackbaud Giving Fund · Morgan Stanley Global Impact Funding Trust Inc · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Society of Actuaries with peer funders

About Society of Actuaries

How much does Society of Actuaries give?
Society of Actuaries reported 5 itemized grants totaling $769,436, out of $1,101,587 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 3 and 6 organizations a year over FY2020 to FY2023.
What does Society of Actuaries fund?
By grant dollars over FY2020 to FY2024, its largest causes are Social Science (74%), Education (22%), Human Services (3%).
Who are Society of Actuaries's largest grantees?
By total granted over FY2020 to FY2024: Society of Actuaries Research Institute ($1.6M), The Actuarial Foundation ($320k), Organization of Latino Actuaries ($62k).
Does Society of Actuaries fund new organizations?
In FY2023, 50% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Society of Actuaries?
Its strongest co-funders, measured against what their size predicts, include The Blackbaud Giving Fund, Morgan Stanley Global Impact Funding Trust Inc, American Online Giving Foundation Inc.
Where is Society of Actuaries based?
Society of Actuaries is based in IL.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 13 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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