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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 FY2024still arriving
28
Grants FY2024still arriving
21
States reached
$218k
Largest
01What you fund
01100% classified

What you funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year — across FY20172024.

Science & Tech$7.3MHealth$2.1MEducation$1.2MCommunity Improvement$588kSocial Science$378kInternational$10kFood & Nutrition$10k
02FY2024 · 28 grants

Where the money goes

Your grants by size, and where they go.

The 28 grants below total $1,041,932 — the rows itemised in this filing. The $1,332,001 headline is the total grant expense reported on the return, so the remaining $290,069 is giving the schedule does not break out: grants under the $5,000 itemisation floor, grants to individuals, and grants reported on other schedules. Every figure below describes the itemised rows only.

By grant size · FY2024

  • Under $10k5 grants · $39k
  • $10k–50k18 grants · $436k
  • $50k–250k5 grants · $567k
$25,771
Median grant
21
States reached
$41M
Total assets
Largest grants
RecipientAmount
MILLIMAN INC$217,985
AXENE HEALTH PARTNERS LLC$125,000
RISK & REGULATORY CONSULTING$114,000
HEALTHCARE ANALYTICS$60,000
PRICEWATERHOUSECOOPERS$50,000
VICKIE L BAJTELSMIT CONSULTING LLC$39,900
ACTUARIAL RESEARCH CORPORATION$38,000
REGENTS OF THE UNIVERSITY OF CAL BERKLEY$35,056
PURDUE UNIVERSITY$34,000
RUDOLPH FINANCIAL CONSULTING LLC$33,000
DELOITTE CONSULTING LLP$33,000
LOGICA RESEARCH$32,000
R A GUZZO LLC$26,000
RISCAL CONSULTING LLC$25,771
SCOR GLOBAL LIFE$24,000
02The need
03

Do your dollars go where the need is?

Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.

show:

Dollar for dollar, your grants (FY17–24) land where the poverty rate runs at 11%, against an area that typically sits at 9%. 73% of your dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.

area typical 9%MIB INC: $260k → 7%AIR WORLDWIDE CORP: $60k → 16%THE FIVE70 GROUP: $78k → 11%STANFORD UNIVERSITY: $110k → 8%REGENTS OF THE UNIVERSITY OF CAL BERKLEY: $94k → 10%MILLIMAN INC: $282k → 10%AXENE HEALTH PARTNERS LLC: $126k → 11%RESEARCH FOUNDATION STATE U OF NY: $71k → 14%MILLIMAN: $304k → 13%UNIVERSITY OF IOWA: $76k → 15%RGA ENTERPRISE SERVICES: $59k → 11%LL GLOBAL: $146k → 11%UNIV OF CONNECTICUT: $59k → 11%ALBERTS ACTUARIAL CONSULTING LLC: $67k → 16%DELOITTE: $71k → 7%COMPASS TRANSPORTATION & TECHNOLOGY: $70k → 8%MILLIMAN INC: $218k → 7%MIB INC: $134k → 7%REGENTS OF THE UNIVERSITY OF CAL BERKLEY: $80k → 10%MILLIMAN INC: $130k → 10%AXENE HEALTH PARTNERS LLC: $125k → 11%UNIVERSITY OF IOWA: $76k → 15%MADDOCK DOUGLAS INC: $100k → 7%MILLIMAN INC: $202k → 7%MIB INC: $103k → 7%REGENTS OF THE UNIVERSITY OF CAL BERKLEY: $75k → 10%AXENE HEALTH PARTNERS LLC: $75k → 11%UNIVERSITY OF IOWA OFFICE OF GRANT ACCOUNTING: $76k → 15%MADDOCK DOUGLAS INC: $90k → 7%MILLIMAN INC: $201k → 7%REGENTS OF THE UNIVERSITY OF CAL BERKLEY: $70k → 10%REGENTS OF THE UNIV OF CA: $99k → 14%MILLIMAN INC: $178k → 7%REGENTS OF UNIV OF CALIFORNIA: $99k → 14%AMERICAN ACADEMY OF ACTUARIES: $252k → 14%RISK & REGULATORY CONSULTING: $160k → 11%RISK & REGULATORY CONSULTING: $149k → 11%AMERICAN ACADEMY OF ACTUARIES: $190k → 14%RISK & REGULATORY CONSULTING: $131k → 11%RISK & REGULATORY CONSULTING: $114k → 11%THE ACTUARIAL FOUNDATION: $150k → 14%AMERICAN ACADEMY OF ACTUARIES: $190k → 14%ERNST & YOUNG LLP: $80k → 14%MATTHEW GREENWALD & ASSOC: $210k → 14%MATTHEW GREENWALD & ASSOCIATES: $121k → 14%MATTHEW GREENWALD & ASSOC: $119k → 14%GREENWALD RESEARCH: $115k → 14%MATTHEW GREENWALD & ASSOC: $111k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount

Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.

Which US states your 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

Grants abroad, by region — $179k on the FY2024 return

Schedule F, as filed: 6 regions, $84k to organizations and $95k to individuals. The IRS asks for region and purpose, not the recipient, so no country or grantee can be named here.

East Asia and the Pacific$72k · 40% · 2 grants · 11 people

Stated purpose: RESEARCH GRANT · RESEARCH PRIZE

Europe (including Iceland and Greenland)$67k · 38% · 1 grant · 3 people

Stated purpose: RESEARCH GRANT

North America (Canada and Mexico)$17k · 9% · 2 people

Stated purpose: RESEARCH GRANT

South America$9k · 5% · 1 person

Stated purpose: RESEARCH GRANT

Middle East and North Africa$8k · 4% · 1 person

Stated purpose: RESEARCH GRANT

South Asia$7k · 4% · 1 person

Stated purpose: RESEARCH GRANT

US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving. Grants abroad on Schedule F are filed by region, purpose and amount with no recipient name, so they are shown by region and cannot be placed on the country map or matched to a grantee.

03Your edge
repeat funding

Who you back again

Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.

90%of every dollar goes to organizations you’ve funded before.
$10M · 59 repeat orgs$1.1M to everyone else

59 repeat relationships — 18 still active in FY2024, 41 since wound down; 10 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

59
29

Total granted

$10M
$961k

Median revenue growth · since first grant

+18%
+57%

Still filing today

12%
21%

New vs renewed · share of each year

In FY2024, 84% of grant dollars renewed an existing relationship; $170k went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

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

’17’18’19’20’21’22’23’24
EducationHealthCommunity ImprovementOther

First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.

Backed again, and grew

  • AA
    AMERICAN ACADEMY OF ACTUARIES
    3× · 2017–2019 · $631k · revenue +15%
  • LG
    LL Global Inc
    6× · 2017–2023 · $588k · revenue +18%
  • TR
    The Research Foundation for The State University of New York
    5× · 2019–2023 · $185k · revenue +55%

Funded once

  • TA
    THE ACTUARIAL FOUNDATIONgraduated
    5× · 2017–2021 · $150k · revenue +159%
  • UO
    UNIVERSITY OF CALIFORNIA SANTA BARBARA
    one grant, 2017 · $99k
  • TF
    THE FIVE70 GROUP
    one grant, 2023 · $78k

Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.

04Your field

The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.

1
New York University

Nyu is a private university with approximately 60,000 matriculating students in 20 schools and institutes. nyu's primary missions are education, research and scholarship, and patient care.

Education
2
Drexel University

Drexel university fulfills its founder's vision of preparing each new generation of students for productive professional and civic lives while also focusing its collective expertise on solving society's greatest problems. drexel is an…

Education
3
William Marsh Rice University

As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to path breaking research, unsurpassed teaching, and contributions to the betterment of our world. It seeks to fulfill this…

Education
4
University of Southern California

The central mission of the university of southern california is the development of human beings and society as a whole through the cultivation and enrichment of the human mind and spirit. the principal means by which our mission is…

Education
5
Trustees of the University of Pennsylvania

The trustees of the university of pennsylvania (the "university") sees itself as having a public service mission. in such regard, the university aims to provide a rich and diverse educational environment for its students; to pioneer…

Education
6
Lehigh University

The university's goal in the coming decade is to advance learning through the integration of teaching, research and service to others. the core of this goal is to prepare graduates to engage with the world and lead lives of meaning. to do…

Education
7
University of Miami

See Form 990, Part I, Line 1, Description of Organization Mission.

Education
8
Institute for Advanced Study - Louis Bamberger & Mrs Felix Fuld Foundation

The institute for advanced study (the institute) is one of the world's leading centers for theoretical research and intellectual inquiry. see schedule o.

Science & Tech
9
Washington University

The washington university is a co-educational, nondenominational university with a long and distinguished history of teaching, research and (cont'd on schedule o)

Education
10
Endicott College

Endicott college offers students a vibrant academic environment that remains true to its founding principle of integrating professional and liberal arts with experiential learning. for more information see schedule o.

Education
11
Bar Ilan University in Israel Inc

Biu produces students who excel in the sciences, humanities, law, engineering, business & the arts.

12
Illinois Institute of Technology

To provide distinctive and relevant education in an environment of scientific, technological, and professional knowledge creation and innovation.

Education

For reference, the grantee most central to the portfolio’s shape is University of St Thomas and the most unlike its peers is Health Care Cost Institute Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.

Your grantees are a median of 71 years old; the field is 16. You back the established end — and your money leans older still.

THE FIELDby orgYOUR GRANTEESby number22%0%<5yr14%5%5–10yr19%9%10–20yr16%14%20–35yr13%9%35–55yr16%64%55yr+
THE FIELDby orgYOUR MONEYby value22%0%<5yr14%2%5–10yr19%26%10–20yr16%12%20–35yr13%4%35–55yr16%56%55yr+

The field is 22% startups (under 5 years old) — 0% of your grantees by number, and just 0% of your money.

Closures · last 5 years

The orgs you fund almost never close 0.0% lost their exemption, against 13% of the field you don’t fund.

orgs you fund
0.0%0/99
the rest of the field
13%
240,396/1,819,466

Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.

04the grantee network

16 grantees tracked through their own filings, 2017–2025.

Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.

Counted here: distinct organizations you funded across 20172025, not grant rows in a single year — so this will not match the grant count on the cover. 16 of the 99 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.

0
Load-bearing (≥25% of a budget)
1
Early backer (in before they grew)
16/16
Grantees still filing
13/16
Grew since you first funded

Where your money sits — by cause, then by grantee

MILLIMAN — $1,534,982 · OtherMILLIMANRISK & REGULATORY CONSULTING — $791,130 · OtherRISK & REGULATORY CONSULTINGMATTHEW GREENWALD & ASSOC — $758,780 · OtherMATTHEW GREENWALD & ASSOCAMERICAN ACADEMY OF ACTUARIES — $631,226 · OtherAMERICAN ACADEMY OF ACTUARIESMIB INC — $522,112 · OtherREGENTS OF THE UNIVERSITY OF CALIFORNIA — $483,033 · OtherAXENE HEALTH PARTNERS LLC — $388,210 · OtherUniversity of Wisconsin Madison — $369,869 · Other+79 more — $4,783,793 · Other+79 moreThe Research Foundation for The State University of New York — $185,371 · EducationTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY — $160,000 · EducationTHE ACTUARIAL FOUNDATION — $150,000 · EducationGEORGIA STATE UNIVERSITY RESEARCH FOUNDATION INC — $67,500 · EducationTHE HOWARD UNIVERSITY — $62,952 · Education+4 more — $62,125 · EducationLL Global Inc — $588,400 · Community ImprovementHEALTH CARE COST INSTITUTE INC — $55,000 · HealthThe Nebraska Medical Center — $43,535 · Health
Other$10,263,135Education$687,948Community Improvement$588,400Health$98,535

Each org by its size and your share of it — top-left is where you’re load-bearing

25%50%75%100%$10M$100Mgrantee revenue →↑ your 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 BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY — $160,000 over 3y, 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
Go grantee by grantee — a decade per org, and how each moved after you funded them

A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.

  • Who funds AMERICAN ACADEMY OF ACTUARIES
  • Who funds LL Global Inc
  • Who funds The Research Foundation for The State University of New York
  • Who funds THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY
  • Who funds THE ACTUARIAL FOUNDATION
  • Who funds GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION INC

The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a set of overlaps that mostly run through you, not 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

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.

Government reliance of your grantees

Every dot is one organization Society of Actuaries Research Institute funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.

2024
202122232425
no gov · 10%1%3%6%10%your share of their income ↑0%25%50%75%100%share of the org’s income from governmentmedian 12%
  • Trustees of Boston University12% of income from government
no gov moneyreceives it· size = income
1get no government money at all
0rely on government for over half their income
typical government reliance, FY2025

Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.

On method. Every financial figure here is read directly from IRS e-file XML — your own 990/990-PF and the multi-year returns of the 99 grantees we resolved across every year we hold, several hundred filings in all (a different count from the grant rows on the cover, which are one fiscal year)— each linked to its source. Grantee achievements and outcomes are each organization’s own program-service reporting (Form 990, Part III); we read these as association with sustained funding — the foundation is one of several forces — suppress low-confidence name matches rather than guess, and say so where a figure rests on a single grant or filing. Not everything on this page is a filed figure, and the difference matters. Filed is what you reported on your 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. How we build these →

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

Source object · view filing

More from the funding graph