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Illinois · Public charity

Society of Actuaries Research Institute

Serving as the reseach arm of the society of actuaries, the soa research institute provides ojbective, data-driven research bringing together tried and true practices and future-focused approaches to address societal challenges and business needs.

$1.3M
Granted FY2024(still arriving)
28
Itemized grants FY2024
35
Organizations funded FY2023
20%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$1.0M
The rest is grants the schedule does not break out
Median grant, FY2024
$25,771
Largest grant, FY2024
$217,985
Organizations funded a year
28 to 35
FY2017 to FY2023
States reached, FY2024
21
Total assets, FY2024
$41M

How open it is to new grantees

In FY2023, 20% of the organizations Society of Actuaries Research Institute funded were first-time grantees, receiving 12% of its grant dollars.

New vs renewed · share of each year

In FY2023, 88% of grant dollars renewed an existing relationship; $204k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

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

’18’19’20’21’22’23
EducationHealthOther
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 arriving28$1.0M36%
FY202335$1.7M20%
FY202232$1.5M34%
FY202132$1.5M25%
FY202028$1.4M29%
FY201932$1.6M28%
FY201834$1.6M44%
FY201730$1.2Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Science & Tech$7.3MHealth$2.1MEducation$1.2MCommunity Improvement$588kSocial Science$378kInternational$10kFood & Nutrition$10k

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

ME
ND
MN
IL
WI
NY
MA
NV
IA
IN
OH
PA
CT
RI
CA
UT
CO
NE
MO
KY
VA
MD
DE
AZ
NM
KS
NC
DC
HI
LA
GA
TX
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Milliman$1,534,9828n/a
Risk & Regulatory Consulting$791,1308n/a
Matthew Greenwald & Assoc$758,7807n/a
American Academy of Actuaries$631,2263n/a
LL Global Inc$588,40061%
Mib Inc$522,1124n/a
Regents of the University of California$483,0337n/a
Axene Health Partners LLC$388,2107n/a
University of Wisconsin Madison$369,8695n/a
State University of Iowa$228,0003n/a
Show all 98 grantees
All grantees of Society of Actuaries Research Institute by total granted
GranteeTotal grantedYearsShare of their budget
Milliman$1,534,9828n/a
Risk & Regulatory Consulting$791,1308n/a
Matthew Greenwald & Assoc$758,7807n/a
American Academy of Actuaries$631,2263n/a
LL Global Inc$588,40061%
Mib Inc$522,1124n/a
Regents of the University of California$483,0337n/a
Axene Health Partners LLC$388,2107n/a
University of Wisconsin Madison$369,8695n/a
State University of Iowa$228,0003n/a
Comfort Food Community$225,0004n/a
Maddock Douglas Inc$205,0003n/a
The Research Foundation for The State University of New York$185,37150%
Pricewaterhousecoopers$176,6663n/a
Arizona State University$164,2246n/a
Deloitte Consulting LLP$162,7505n/a
Healthcare Analytics$155,0003n/a
The Board of Trustees of the University of Illinois$153,4515n/a
Board of Trustees of Illinois State University$152,1977n/a
The Actuarial Foundation$150,00055%
Rudolph Financial Consulting LLC$147,6046n/a
Ernst & Young US LLP$141,1994n/a
Trustees of Purdue University$138,1375n/a
Compass Transportation & Technology$130,8004n/a
Alberts Actuarial Consulting LLC$125,5324n/a
Univ of Connecticut$114,2002n/a
Scor Global Life$113,0004n/a
University of California Santa Barbara$98,5381n/a
Hause Actuarial Solutions Inc$82,5005n/a
Air Worldwide Corp$81,5172n/a
Actuarial Research Corporation$80,0003n/a
International Assoc of Black Actuaries$78,8002n/a
The Five70 Group$77,5701n/a
Rga Enterprise Services$76,1202n/a
Rudolph Financial Consulting LLC$70,4002n/a
Denver Health and Hospital Authority$69,0812n/a
Georgia State University Research Foundation Inc$67,50010%
Breakthrough Development Co$65,5005n/a
C & R Research$64,4002n/a
The Howard University$62,95250%
Santa Barbara Actuaries$59,2203n/a
Board of Regents of the University of Nebraska$57,5501n/a
University of Minnesota$55,0001n/a
Health Care Cost Institute Inc$55,00021%
Hartman Analytics LLC$52,5004n/a
University of Connecticut$50,6001n/a
Willis Tower Watson$50,0002n/a
Neurocern$47,0002n/a
Hired Brands$45,0002n/a
Long Term Care Group$44,7381n/a
The Nebraska Medical Center$43,53520%
Rga Reinsurance$41,0003n/a
Financial Finesse$40,5004n/a
United Health Actuarial Services LLC$40,0001n/a
Vickie L Bajtelsmit Consulting LLC$39,9001n/a
Pennsylvania State University$39,5002n/a
R a Guzzo LLC$38,0002n/a
Analytic Solutions$37,0003n/a
Lewis & Ellis$35,0002n/a
Superior Informatics$35,0002n/a
O'Leary Management Associates LLC$33,5001n/a
Logica Research$32,0001n/a
University of Hawaii$32,0002n/a
Miami University$31,1092n/a
Weiner Edrich Brown Inc$30,0002n/a
Wakely Consulting Group$30,0001n/a
Audio Visual One Ltd$27,0001n/a
Riscal Consulting LLC$25,7711n/a
Simergy Energy$25,0612n/a
Ll Global$25,0001n/a
Regents of the University of Michigan$24,0003n/a
Healthcare Analytics$20,0001n/a
Honor Society of Phi Kappa Phi$20,0001n/a
Cuanto Consulting LLC$19,5002n/a
Northern Illinois University Foundation$19,12510%
Dynata LLC$18,7751n/a
Actuarial Compass$18,0002n/a
Depaul University$17,50020%
University of St Thomas$17,50010%
Valence Health$14,9001n/a
Directions Inc$14,7951n/a
The University of Texas at Dallas Center for Brainhealth$14,0002n/a
Pricewaterhousecoopers$13,3331n/a
Trustees of Boston University$12,50010%
Actuarial Risk Management Ltd$12,0001n/a
David Schraub Actuarial Consultancy$11,0001n/a
North Dakota State University$10,6051n/a
Vitality Group International$10,0001n/a
Oliver Wyman Actuarial Consulting$10,0001n/a
Good Must Grow$10,0001n/a
Roosevelt University$10,00010%
Robert Morris University$8,50010%
State University of Iowa Foundation$8,00010%
Oliver Wyman Actuarial Consulting$8,0001n/a
Applied Stochastic LLC$7,5001n/a
With You in Mind$7,2501n/a
Montoux$7,0001n/a
Epeenoire LLC$6,0001n/a

Where it is load-bearing

Each grantee by its size and the share of its budget Society of Actuaries Research Institute supplied at peak.

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetLL Global Inc: $588,400 over 6y, 0.5% of budgetThe Research Foundation for The State University of New York: $185,371 over 5y, 0.0% of budgetThe Actuarial Foundation: $150,000 over 5y, 5.4% of budgetGeorgia State University Research Foundation Inc: $67,500 over 1y, 0.1% of budgetThe Howard University: $62,952 over 5y, 0.0% of budgetHealth Care Cost Institute Inc: $55,000 over 2y, 1.0% of budgetThe Nebraska Medical Center: $43,535 over 2y, 0.0% of budgetNorthern Illinois University Foundation: $19,125 over 1y, 0.2% of budgetDepaul University: $17,500 over 2y, 0.0% of budgetUniversity of St Thomas: $17,500 over 1y, 0.0% of budgetTrustees of Boston University: $12,500 over 1y, 0.0% of budgetRoosevelt University: $10,000 over 1y, 0.0% of budgetRobert Morris University: $8,500 over 1y, 0.0% of budgetState University of Iowa Foundation: $8,000 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 14.

Nonprofits that may fit its grantmaking

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 set of overlaps that mostly run through this funder rather than between each other.

Casualty Actuarial SocietyVA13.6× affinity4 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Casualty Actuarial Society

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 Research Institute with peer funders

About Society of Actuaries Research Institute

How much does Society of Actuaries Research Institute give?
Society of Actuaries Research Institute reported 28 itemized grants totaling $1,041,932, out of $1,332,001 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 28 and 35 organizations a year over FY2017 to FY2023.
What does Society of Actuaries Research Institute fund?
By grant dollars over FY2017 to FY2024, its largest causes are Science & Tech (63%), Health (18%), Education (10%).
Who are Society of Actuaries Research Institute's largest grantees?
By total granted over FY2017 to FY2024: Milliman ($1.5M), Risk & Regulatory Consulting ($791k), Matthew Greenwald & Assoc ($759k).
Does Society of Actuaries Research Institute fund new organizations?
In FY2023, 20% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Society of Actuaries Research Institute?
Its strongest co-funders, measured against what their size predicts, include Casualty Actuarial Society.
Where is Society of Actuaries Research Institute based?
Society of Actuaries Research Institute 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 99 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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