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Mission: To enhance math education and financial literacy through the talents and resources of actuaries.
Vision: An educated public in pursuit of a secure financial future.
Preparing for tomorrow’s possibilities® through education
2015 ANNUAL REPORT
The Actuarial Foundation 2 2015 Annual Report
Dear Friends of the Foundation:
The Actuarial Foundation is committed to making a difference through education. This commitment is showcased by the work the Foundation accomplished in 2015. In looking back over the year’s achievements, I am proud of the progress the Foundation has made. Our program areas have continued to grow and evolve over the last year, creating more opportunities for the Foundation to serve the public and the profession.
Highlighted throughout this report are the events that shaped 2015 and contributed to the success of The Actuarial Foundation. Through the continued generosity of our individual and corporate donors and the dedication of our volunteers, we are increasing public awareness of the actuarial profession and advancing math education and financial literacy. Here are just a few examples of what your support helped the Foundation to accomplish in 2015;
• We introduced the actuarial profession and awarded scholarships to junior and senior high school students through the Project Math Minds mathematical research competition;
• We collaborated with Scholastic to provide over 400,000 teachers with our latest middle school math resource – an interactive module to teach ratios and proportions;
• We funded scholarships for fifty-one students pursuing studies in math and actuarial science and;
• We partnered with the Federal Alliance for Safe Homes (FLASH) to update, reprint and distribute the well-known Disaster Guide.
Each of these achievements leave the Foundation well-positioned for tomorrow’s possibilities and would not have been achievable without your support. On behalf of the Board of Trustees, I congratulate the donors, program sponsors, staff and volunteers for contributing to another year of successes for The Actuarial Foundation. To each of you, I extend my heartfelt thanks.
Sincerely,
Helen Galt, FSA, MAAA, CERA 2015 Chair
Thank You, Volunteers!Due to the tremendous number of dedicated individuals who have given their time to support the Foundation’s
mission and programs, it is impossible to list them all here. The Foundation sends its highest appreciation
to each and every person who gave of their time. You can see the names of everyone who volunteered at
www.ActuarialFoundation.org/about/volunteers.shtml.
Helen Galt
A MESSAGE FROM THE CHAIR
The Actuarial Foundation 3 2015 Annual Report
2015 BOARD OF TRUSTEES
ChairHelen Galt, FSA, MAAA, CERA Retired
Chair-ElectDouglas A. French, FSA, FCA, FIAA, MAAAManaging Principal – IAAS Ernst & Young
Secretary-TreasurerJacques Goulet, Jr., FSA, FCIAPresident-Retirement, Health, and Benefits; Senior PartnerMercer
Ronald E. Bachman, FSA, MAAAPresident & CEO Healthcare Visions
Cecil D. Bykerk, FSA, FCA, MAAA PresidentCDBykerk Consulting, LLC
Thomas R. Corcoran, FSA, MAAA, CERA DirectorWillis Towers Watson
Kevin A. Cormier, FCAS, MAAASr. Managing Actuary, Financial ReportsLiberty Mutual Agency Markets
Robert V. Deutsch, FCAS, ASA, MAAA Chief Strategy Officer Hamilton Insurance Group
Brian Donlan, FCAS, MAAASenior ActuaryAllstate Insurance Company
John W. Ehrhardt, FSA, EA, MAAAPrincipal & Consulting ActuaryMilliman Inc.
David J. Fishbaum, FSA, FCIA, MAAAManaging PartnerOliver Wyman
James M. Forbush, FSA, EA, MAAAPartnerAon Hewitt
Michael Fusco, FCAS, CERA, MAAA SVP & Chief ActuaryArgo Group
Maureen Hager, Ed.D. Retired Superintendent of Schools
Sarah J. Hamid, FSA, FCIA, MAAAVice President and ActuaryPrudential Financial
Jane L. Hamrick, FSA, MAAAVice President & ActuaryNew York Life Insurance Co.
Barry Jacobson, FSAMath Teacher Simsbury High School
John J. Kollar, FCAS, MAAA 2012-2014Retired
Warren Luckner, FSA, MAAA, CFA Retired
Charles Marino, FSA, MAAAVP, Chief Actuary, Individual Life Guardian
S. Michael McLaughlin, Jr., FSA, FIAA, MAAA, CERAMcLaughlin Actuarial Consulting
Joseph A. Nichols, ASA, EA, MSPA, MAAASenior DirectorFTI Consulting
Lisa M. Pawlowski, FCAS, MAAASVP, Head of Transactional PricingZurich
David K. Sandberg, FSA, CERA, MAAAVP & Corporate ActuaryAllianz Life Insurance Co. of North America
Steven Schreiber, FSA, MAAA Consulting ActuaryMilliman, Inc.
John J. Schubert, ASA, MAAA, FCA Specialist LeaderDeloitte Consulting LLP
Carol R. Sears, FSPA, FCA, MAAA, CPC, EA Principal & Consulting ActuaryActuarial Consulting Group, Inc.
A. Greig Woodring, FSA, MAAAPresident & CEORGA
Dale H. Yamamoto, FCA, MAAA PresidentRed Quill Consulting, Inc.
Amanda E. Young, FSA, MAAA ActuaryNorthwestern Mutual
2015 EMERITUS TRUSTEES
Bob Anker, MAAA, FCAS Quay Quest
Craig M. Baldwin, FSA Retired
Edward W. Bales Learning Training & Education
Albert J. Beer, FCAS, MAAA St. John’s University-The Peter J. Tobin College of Business
Paul Braithwaite, FCAS, MAAA FTI Consulting
Suzanne Chapa, FSA, MAAA North American Co. for Life & Health
Pamela ConeMilliman, Inc.
Robert F. Conger, FCAS, MAAARetired
Michael J. Corey MJC Ventures, Inc.
A. David Cummings, FCAS, CPCU, MAAA ISO Insurance Programs and Analytic Services
Sam Gutterman, FSA, FCAS, MAAA, FCA Retired
Curtis D. Hamilton, MSPA, EA, MAAATRI-AD
David G. Hartman, FCAS, MAAA, FCIARetired
David M. Holland, FSA, MAAARetired
Gary R. Josephson, FCAS, MAAARetired
Joseph W. Kelly, FCA, ASA, EA, MAAADeloitte Consulting LLP
Barbara J. Lautzenheiser, FSA, MAAA Lautzenheiser & Associates
Joseph J. Leube, EA, FSPA, MAAA Retired
W. James MacGinnitie, FSA, FCAS, FCA, MAAA Retired
Cynthia Miller, FSA, MAAA, CERARetired
Kathy Olcese, FCASZurich
Arthur Panighetti, FSA, MAAA Pacific Life Insurance Company
Anna Rappaport, FSA, MAAA Retired
Rodney R. Rohda, FSA, MAAA Retired
Charles E. Rohm, FSA, MAAA Retired
Ian Rolland, FSA, MAAA Fort Wayne National Bank
Walter S. Rugland, FSA, MAAA Retired
Robert D. Shapiro, FSA, MAAA The Shapiro Network, Inc.
Frederick J. Sievert, FSA, MAAARetired
Michelle D. Smith, FSAGoldman Sachs & Company
Robert W. Stein, FSA, MAAA Retired
Thomas C. Sutton, FSA, MAAA Retired
Dorn Swerdlin, FSA, MAAA, MSPA, FCA, EASwerdlin & Company
Patricia A. Teufel, FCAS, MAAARetired
James A. Tilley, FSA, MAAA RetiredMavis A. Walters, FCAS, MAAA Retired
Robert C. Winters, FSA, MAAA Retired
2015 BOARD OF TRUSTEES
The Actuarial Foundation 4 2015 Annual Report
WHAT YOU MADE POSSIBLE...
The latest edition in the Expect the Unexpected with Math® series, Designing RATIOnally, was released to over 400,000 middle school math teachers.
7 career changers, including Wendy Windsor, made the transition to the actuarial field with the help of the Actuary - A Career Change: The Elizabeth M. Mauro Reimbursement Program.
“I’m really proud that the competition appealed to a number of high school juniors and seniors, challenging them to focus their energy on solving a real-world math problem and helping them to understand what it is to be an actuary.”
-Kevin Cormier, 2015 Project Math Minds Chairperson
“The updated Insurance Guide, made possible by The Actuarial Foundation, is one of our most popular resources. We provided copies of the Guide to every governor, insurance commissioner and chief meteorologist.”
-Leslie Chapman-Henderson, President/CEO, Federal Alliance for Safe Homes (FLASH)
Mission: To enhance math education and financial literacy through the talents and resources of actuaries.
Vision: An educated public in pursuit of a secure financial future.
“My students are the students who struggle with mathematics and finding a course like Building Your Future that can actually help them with their everyday life is critical to their success.”
- Teacher, Department of Math and Computer Science
51 aspiring young people were awarded with a Foundation scholarship.
SOPHOMORES
Karina CuadroTemple University
Shelby AllenMichigan State University
Stephanie LeeUniversity of California-
Santa Barbara
Gabrielle MossJohns Hopkins University
Anthony PullanoDrake University
Aaron PuntrianoIllinois State University
Alicia NguyenUniversity of Wisconsin-
Madison
FRESHMEN
Amauir RossDartmouth College
Omari WilliamsUniversity of
Central Florida
Edgar Zimmerman, Jr.University of North Carolina-Charlotte
Nyambe Kema Tuchscherer
University of Notre Dame
Zachary HerreraUniversity of St. Thomas
Frederick GillespieCarleton College
Myranda FloresUniversity of California-
Santa Barbara
Akin BruceRice University
Andres Estevan CanasUniversity of Florida
2015 Scholarship WinnersActuarial Diversity Scholarship
“I am very fortunate to have this kind of
support from the Foundation. It allows me to
focus solely on my studies without worrying
so much about financing my education.”-Ilya DaCosta
“I am grateful to be chosen for the 2015-2016 Actuarial Diversity Scholarship.
This scholarship will aid me in advancing my studies in mathematics and statistics
to obtain an actuarial designation in the future.”
-Nikaya Smith
JUNIORS
Daniel Dean Braga AlonzoUniversity of
California-Berkeley
Christopher CerpaUniversity of Connecticut
Albert AppouhRutgers University
Juanita FatolaBaruch College
Shierly Rivera-GuzmanUniversity of
Texas- San Antonio
Evelyn MutagaywaDrake University
Jevaughn WilliamsSt. John’s University
Joel Pettus IIIButler University
Lindsey WhitingUniversity of North Texas
Nikaya SmithThe University of North
Carolina-Chapel Hill
George K KamauMaryville University
Abena D. AduseiMorgan State University
Ilya DaCosta Florida State University
Kristina HendersonMaryville University
SENIORS
Michelle MuzuluDrake University
Andrew LearUniversity of Pennsylvania
Keric RolleUniversity of Nebraska-
Lincoln
Lenin SandovalUniversity of Illinois at
Urbana-Champaign
Jordan SchwartzUniversity of Wisconsin-
Eau Claire
Yves Justin Tiendrebeogo
Robert Morris University
Tano ToussaintUniversity of Georgia
Makisha WilliamsMilwaukee School
of Engineering
David A. Ariyibi, Jr. Williams College
“…a good starting point on many topics of universal interest.”
“Extremely reader-friendly and non-technical enough that I have shared with my young adult children.”
“Very useful. Great selection of topics – like the diversity and the practicality.”
F I N A N C I A L --------------------------------- Smarts
Preparing for tomorrow’s possibilities® through education 475 N. Martingale Rd., Ste. 600, Schaumburg, IL 60173 www.ActuarialFoundation.org
Estate Planning
F i n a n c i a l I n f o r m a t i o n Y o u C a n U s e
Fall 2015
This newsletter is intended to provide general information and should not be used as a substitute for legal or other professional advice.
Why do I need an estate plan?
Your estate plan is your only opportunity to control the disposition of your assets, provide a set of rules for your health care decisions, and name the people whom you trust to handle these matters. In other words, your estate plan is where you set out the rules and choose your referees to best minimize the chances of a future disagreement.
What is estate planning? In short, estate planning is the process of thinking about your goals and objectives as they relate to your assets, your health care, your children and your family. An estate plan is completed with the signing of a series of documents which ensure that your wishes are carried out.
More specifically:
1. As it relates to your property, you plan for the accumulation, management and ultimate distribution of your assets (a.k.a. your “estate”) and consider estate tax and generation skipping transfer tax issues.
2. As it relates to your health, you make certain decisions relating to your health care such as who will make decisions for you if you are unable to, how much authority you want to give those people and whether you want to authorize organ donations.
3. As it relates to your children, you name the people who will care for your minor children (or your adult children who are disabled) if you are unable.
4. Additional estate planning goals are, among other things, to (a) avoid the probate court system, (b) provide for asset management if you become incapacitated, (c) carry out your charitable wishes.
During the estate planning process, you will contemplate these issues and make decisions based on your personal goals and beliefs, your family and your assets. You have an “estate plan” when you sign a set of documents that will carry out these goals and beliefs.
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Special Situations
Your estate plan can also address certain issues, including:
1. Disposition of special personal property like family heirlooms;
2. Taking care of blended families;
3. Succession planning for family owned businesses;
4. Administration of vacation property where more than one family member desires to receive the property;
5. Taking care of pets following the death of the owner.
F I N A N C I A L --------------------------------- Smarts
Preparing for tomorrow’s possibilities® through education 475 N. Martingale Rd., Ste. 600, Schaumburg, IL 60173 www.ActuarialFoundation.org
Lump Sum Option
F i n a n c i a l I n f o r m a t i o n Y o u C a n U s e
Spring 2015
This newsletter is intended to provide general information and should not be used as a substitute for legal or other professional advice.
How do I know if I can elect a lump sum under my employer’s plan?
You can learn well ahead of your retirement whether a lump sum option is available. The best way is to review the Summary Plan Description (SPD) which you were provided by your employer. When you are actually eligible to start collecting retirement benefits, you will be provided with a benefit election form. This form will detail the options you are eligible to consider with the actual dollar amounts. If a lump sum is available, it will be included.
What is a lump sum option? Traditional pension plans are designed to pay a monthly pension for the life of the retiree and, in many instances, the life of a spouse should the retiree die first. Depending on the type(s) of retirement plan(s) you have, you may have a choice when it comes to electing your distributions. As an alternative to a guaranteed lifetime pension, some pension plans offer a lump-sum option. This means that instead of the monthly pension payment, the retiree takes a one-time lump sum based on a number of calculations (see below). With the lump-sum option, the retiree assumes the longevity and investment risk that the employer would usually assume with a traditional pension plan.
How is the lump sum calculated? Under a traditional defined benefit plan, the lump sum is determined using actuarial calculations specified under the plan. These calculations must also satisfy rules established under the law and are regulated by the Internal Revenue Service. The calculations are based on mortality tables and interest rates. Because both interest rates and mortality tables change, the factors may also change. These calculations are applied to the monthly pension earned to determine the lump sum. Under a cash balance plan, the lump sum is the amount that has been credited to your cash balance account. The annuity pensions available are calculated by applying actuarial factors to the lump sum.
What do I do with funds if I choose the lump sum? In order to avoid current taxes, the funds could be directly rolled over to an IRA. Then, to help you establish how the funds will be invested and withdrawn to support you in retirement, you may want to consult with your financial advisor to devise a plan that fits your requirements.
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FinancialSmarts
How are benefit plans protected? If you are concerned about the security of lifetime annuities, there are many laws that help to ensure that you will receive your benefits as set out in your employer’s plan. These laws include requirements that employers fund the plan as well as the Pension Benefit Guaranty Corporation, an insurance program managed by the federal government.
F I N A N C I A L --------------------------------- Smarts
Preparing for tomorrow’s possibilities® through education 475 N. Martingale Rd., Ste. 600, Schaumburg, IL 60173 www.ActuarialFoundation.org
Pet Insurance
F i n a n c i a l I n f o r m a t i o n Y o u C a n U s e
Winter 2015
This newsletter is intended to provide general information and should not be used as a substitute for legal or other professional advice.
5 Pet Insurance Quick Facts
1. Pet insurance has been available in the United States since 1982.
2. Over 1 million pets in North America are insured.
3. 1 in 3 pets will have an unexpected vet bill each year.
4. You can visit any licensed veterinarian. Pet insurance has no networks.
5. Most pet health insurance companies cover cats and dogs, but pet health insurance is also available for exotic pets and horses.
What is Pet Insurance?
Pet insurance is health insurance to help you pay for your pet’s veterinary care in the event of a costly accident or illness. With pet insurance, you never have to choose between the health of your bank account and your pet’s life.
There are lots of pet insurance plans available, but they aren’t all the same. There are differences in what they cover, what they exclude, what they cost, their level of customer service, and how they pay claims. In other words, spend time to investigate all of your options!
What does pet insurance cover? Pet insurance plans may cover:
Treatment for accidents and illnesses Treatment of genetic, chronic, or congenital conditions Exam fees, laboratory and diagnostic tests, surgery, and
hospitalization Prescription medications Alternative therapies
Pet insurance plans typically will not pay for: Pre-existing conditions – conditions that your pet was diagnosed
with or showed symptoms of before enrolling or during the waiting period
Routine wellness care costs (although some companies have optional add-ons for this)
Cosmetic, elective, or preventative procedures (just think tail docking and wellness visits)
Veterinary fees related to pregnancy, breeding, or whelping
So, what is it going to cost me? The cost of pet insurance varies based on the type of pet you have (species, breed, age, & sex), your location, and the level of coverage you choose. Adding on a wellness plan for routine care expenses typically costs a little more. You shouldn’t compare pet insurance plans based on price alone, though. Plans that cost more, often cover more, so consider what coverage is important to you and shop for that.
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FinancialSmarts
Routine Care Coverage
Pet insurance is for the unexpected, so it doesn’t cover the expected routine care items like yearly exams, spay/neuter surgery, rabies vaccinations, and flea/tick/heartworm preventatives; however, some pet insurance companies offer a wellness add-on to their insurance coverage that can help you pay for these types of preventative care costs. When getting a pet insurance quote, you may want to ask if the company offers a routine wellness care option if that’s something that interests you.
F I N A N C I A L --------------------------------- Smarts
Preparing for tomorrow’s possibilities® through education 475 N. Martingale Rd., Ste. 600, Schaumburg, IL 60173 www.ActuarialFoundation.org
Reverse Mortgages
F i n a n c i a l I n f o r m a t i o n Y o u C a n U s e
Summer 2015
This newsletter is intended to provide general information and should not be used as a substitute for legal or other professional advice.
How does a homeowner become eligible for a reverse mortgage?
To be eligible for a reverse mortgage, the homeowner must meet the following requirements: They must be 62 or older. They must own their home
outright or have a low mortgage balance that can be paid off with reverse mortgage proceeds.
The homeowner must have the financial resources to pay ongoing expenses such as insurance and taxes.
The homeowner must live in the home.
What is a reverse mortgage?
With the current economy in a state of flux, a reverse mortgage is often advertised as an affordable retirement option for homeowners. A reverse mortgage is a special type of home loan that lets the homeowner convert a portion of the equity in their home into cash. Many people spend the majority of their lives building up equity in their homes and with a reverse mortgage, some of that money may be accessed. Unlike traditional home loans or second mortgages, the money obtained from a reverse mortgage does not have to be paid back until the following conditions are met:
The borrower no longer uses the residence as their primary residence
The borrower sells the home The borrower passes away
How does a reverse mortgage work? A traditional loan or a second mortgage requires a borrower to make monthly payments to the lender. The opposite is true for a reverse mortgage. That is, the borrower receives money from the lender. There are several ways the money can be received. These are explained further in the “How to Take Your Money Out” section of this newsletter.
Other important details are as follows: Usually distributions are tax-free. Many reverse mortgages do not have an income restriction. Before applying for most reverse mortgages, a borrower must
meet with a counselor. The counselor will explain the mortgage costs, financial implications and possible alternatives to a reverse mortgage.
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How is the amount of money obtained from a reverse mortgage determined?
Several items are taken into consideration when determining the amount of money available from a reverse mortgage: The age of the borrower The type of reverse mortgage
selected The appraised value of the
home Current interest rates
The Actuarial Foundation 5 2015 Annual Report
Through the dedication and generosity of actuaries and corporate partners, the programs of The Actuarial Foundation have made a difference in the lives of students, teachers, consumers and actuaries. Below are some examples of what you helped us to accomplish in 2015.
Youth Programs - inspiring a new generation of math-skilled thinkers.
• With generous support from Prudential Financial, we completed the first pilot of Project Math Minds, a mathematical research competition introducing the actuarial profession to high school students. Students completed an actuarial project for the opportunity to win a college scholarship. Projects are developed and evaluated by actuaries.
• The Building Your Future financial literacy resource has reached over 14,000 high school teachers and students.
• Four schools received an Advancing Student Achievement math grant. Volunteer actuaries help in these schools to demonstrate how math skills are used in everyday life.
Consumer Financial Education Programs - employing actuarial skills in the public interest.
• The Financial Smarts newsletter is a one-page tip sheet written by volunteer actuaries providing information on a wide range of topics requested by consumers. In 2015, Financial Smarts offered insights on pet insurance, lump sum option, reverse mortgages and estate planning.
Research, Awards & Prizes - recognizing those whose work is advancing the skill set of the profession.
• In joint sponsorship with The Actuarial Foundation, The Casualty Actuarial Society, The Society of Actuaries and The Actuarial Foundation of Canada, 9 projects received research grants in 2015.
• At the July 2015 Board Meeting, Trustees voted to discontinue the Foundation’s participation in the Individual Grants Competition. The main reason for this decision was a lack of fit with the Foundation’s mission to enhance math education and financial literacy through the talents and resources of actuaries.
• Joshua A. Shapiro, FSA, EA, MAAA was the 2015 recipient of the Wynn Kent Public Communication Award. Jonathan Forman and Michael Sabin were the 2015 recipients of the John Hanson Memorial Prize. Neil Allen, Neil Cantle, ASA, FIA, and Christos Ellinas were recipients of the ERM Research Excellence Award in Memory of Hubert Mueller.
Scholarships – opening doors to the actuarial profession.
• The Actuarial Diversity Scholarship, the Actuary of Tomorrow – Stuart A. Robertson Memorial Scholarship, the Curtis E. Huntington Memorial Scholarship and the Caribbean Actuarial Scholarship awarded a total of 51 scholarships in 2015.
• The Actuary – A Career Change: Elizabeth M. Mauro Reimbursement Program awarded 7 individuals making the transition to the actuarial profession.
For the latest information on the Foundation and each of its four program areas, visit
www.ActuarialFoundation.org
What You Made Possible
The 2015 Project Math Minds competition winners from Manalapan High School.
Hope Academy, an ASA grant school, took students on a math
retreat.
Joshua Shapiro, FSA, EA, MAAA accepts the Wynn Kent Public Communication Award from Carol Sears, FSPA,FCA, MAAA,
CPC, EA
Roy Ju, recipient of the 2015 Actuary of Tomorrow – Stuart
A. Robertson Memorial Scholarship and the Curtis
E. Huntington Memorial Scholarship
The Actuarial Foundation 6 2015 Annual Report
BALANCE SHEETASSETS
Cash and cash equivalents $ 243,710Investments 5,375,576Contributions receivable 142,838Prepaid expense 4,505Fixed assets -- Total Assets $ 5,766,629
LIABILITIES & NET ASSETSLiabilities
Accounts payable $ 198,553Deferred revenue – sponsorships Total Liabilities $ 198,553
Net AssetsUnrestricted: Available for operations 2,944,936 Board designated 437,707 Total Unrestricted $ 3,382,643
Temporarily restricted 2,185,433
Total Net Assets $5,568,076
Total Liabilities and Net Assets $5,766,629
STATEMENT OF ACTIVITIES Temporarily Revenues Unrestricted Restricted Total
Contributions: Actuarial Organizations’ Support $ 538,143 $ - $ 538,143 Annual Gifts 418,355 429,959 848,314Special events Contributions 0 61,000 61,000 Other 41,965 6,583 48,548Net assets released from restrictions 464,731 (464,731) Total Revenues $ 1,463,194 $ 33,011 $ 1,496,005
Expenses:Program related expenses:
Consumer Financial Education 11,985 - 11,985 Youth Education 576,690 - 576,690 Research $ 68,524 - $ 68,524 Scholarships 180,369 - 180,369 Special event expense 49,459 - 49,459
Operating expenses: Fundraising 70,522 - 70,522 Administrative support _ 696,289 - 696,289 Total expenses $1,653,838 - $1,653,838
Change in net assets before investment income (190,644) 33,011 (157,633) Investment Income 649 1,054 1,703Net assets at: Beginning of year 3,572,638 2,151,368 5,724,006
End of year $ 3,382,643 $ 2,185,433 $ 5,568,076
FUNDING OUR MISSION
2015 Total Revenue
Research, Awards & Prizes
5%
Youth Education
28%
Consumer Financial Education
3%
Special Events Contribution
Supporting Youth Education
25%
Unrestricted/ Adm/Other
29%Scholarships
10%
2015 Total Expenses
Administrative 37%
Fundraising 6%
Programs 57%
The Actuarial Foundation 7 2015 Annual Report
VISIONARY $25,000+Sam Nandi Kevin and Kathleen
Thompson
INNOVATOR $10,000-$24,999Helen Galt David and Kitty HartmanO
John J. KollarODeep M. PatelOBruce S. PyensonO
A. Greig Woodring
PIONEER $5,000 - $9,999Cecil D. BykerkO
Thomas R. CorcoranO
Robert V. DeutschO
Douglas A. FrenchO
Jacques Goulet Joseph W. KellyO
S. Michael McLaughlinO
Steven Schreiber and Amy LorowitzO
Frederick J. SievertOThomas C. SuttonO
PATHFINDER $2,500-$4,999Charlie R. Allison Craig M. BaldwinO
Michael C. BatteO
Robert F. CongerOSarah J. HamidCurtis D. HamiltonO
Jane L. HamrickO
Ronald J. HarasymO
David M. HollandO
Maynard I. Kagen Dale NelsonO
James T. O’Connor Rodney and Lori RohdaO
Ian M. Rolland Gail M. RossORobert and Karen ShapiroO
Clark E. SlipherOJoel M. SteinbergO
William J. ThompsonO
Mavis A. WaltersOStephen A. WhiteO
PACESETTER $1,000 - $2,499Mark E. Alberts Joseph D. AustinO
Mr. and Mrs. Raymond BarretteO
Stephen M. Batza Albert J. BeerORowen B. Bell Robert M. BeuerleinO
Edward J. Bonach Christopher M. BoneO
Douglas C. BortonO
Paul and Nancy BraithwaiteThomas M. BuckinghamO
Edward H. Budd David R. Carpenter Sue A. Collins Pamela ConeO
Kevin A. Cormier Loren R. DanielsonO
Jeffrey W. Davis Philip S. DialOBrian M. DonlanO
David J. DruryO
Thomas P. EdwaldsOJohn W. EhrhardtODavid J. Fishbaum James M. Forbush Mark J. FreedmanO
Edward W. FreesODaniel E. FreierODavid C. Fry Michael FuscoO
Patricia L. Guinn Dale S. HagstromO
John E. Hanrahan Gregory HeidrichO
Dawn E. Helwig Peter G. HendeeO
Kenneth F. HohmanO
Carlton W. Honebein Heidi E. Hutter Barry Jacobson Gary R. JosephsonO
Anand Khare Mark E. KonenO
Steven D. Lash Richard J. LauriaO
Joseph J. LeubeO
Warren R. LucknerORichard W. MathesOJerry A. MiccolisOTerri Michalewicz Cynthia S. MillerOMartha A. Moeller David F. OgdenO
Douglas A. ProebstingO
James F. Reiskytl Peter J. RiemerO
Martha M. Ryan David K. Sandberg Mr. and Mrs. Robert E.
SchneiderOJohn J. SchubertOCarol R. SearsOKaren Smith Michelle D. SmithO
Joanne S. SpallaO
Jerry and Judith SpigalORobert W. Stein Chris Stroup Wayne E. Stuenkel Dorn H. SwerdlinO
Stanley H. TannenbaumO
Patricia A. TeufelOSteven N. Wander Bruce Winterhof Robert C. WintersODale H. YamamotoO
BUILDER $500 - $999Rhea M. Adler Robert A. AnkerOGregory S. Benesh Debbie L. BennerOCatherine J.
Bierschbach James R. BloyerOJohn P. BremerOGuillaume Briere-GirouxO
William J. BuggO
Eugene C. ConnellOGary and Consuelo CorbettOErrol CramerOPatrick J. Crowe Richard de Haan Michael E. DuBoisOPatrick J. DunksOElizabeth End John M. FentonO
James P. GalassoO
Jennifer L. GillespieO
Mary E. GreshamO
Sam GuttermanO
Gregory Hansen Tara J. HansenO
William V. HoganO
Justin N. HornburgO
David N. Ingram Burton D. JayO
Andrew P. JohnsonO
Stephen and Susan KraabelO
Peter S. KreuterOEllen Lamale Kevin P. Larsen Kenneth A. LaSorellaO
Song Keng Law Dominique LebelOTheresa H. LeeO
JoDee L. LymburnerOMr. and Mrs. W. James and
Barbara MacGinnitieO
Charles A. Marino Mark H. Maus Mickey G. McDanielOThomas M. MianoO
Elena D. Mohler Jonathan Norton Lisa M. Pawlowski Christopher G.
Raham Gary K. Ransom Daniel J. Rogers Charles E. RohmO
Alice Rosenblatt Marcia S. SanderOWilliam M. SayreO
Michael C. SchmitzO
Barry L. SheminO
Ollie L. Sherman Elizabeth A.
Shimshock Marc SlutzkyO
Ronald J. Smith Susan O. SmithO
Julia C. Stenberg Eileen C. StreuO
Mark R. Troutman Lynette L. TrygstadO
Dewayne E. UllspergerMichael G. Wacek Patricia C. WhiteO
Benjamin R. WhiteleyO
Kathleen R. WongO
Patrick B. WoodsO
ADVOCATE $250-$499Noel J. AbkemeierOAllan D. Affleck Debra Ayres Blaine M. BarhamO
Rex E. Barker Daniel Berning James E. Biller Amy S. BouskaO
David A. BrentlingerODallas Burris Frederick S. Busch Marilyn CarpO
Douglas J. Collins Ronald M. Cornwell Glenn E. CrouseO
Robert A.Diefenbacher
Kathryn L. Elliott Wendy J. Engel Mark D. EvansOGary L. FaldeO
Jacqueline Fallon James R. FeutzO
Beth FitzgeraldO
Robert G. FrascaO
Glenn W. FreschO
Bruce Gardner Roy GoldmanO
Serhat Guven Larry A. Haefner Maureen HagerOAllison M. HarrisOIvan J. Houston Michael A. Hughes Keith A. JorgensenO
Richard J. Junker Jacqueline M. KeatingO
Anne KellyO
Emily K. KesslerORichard A. Kipp John B. KleimanO
Edward P. Kuhn Brian Kwei
2015 Foundation Contributors (as of 12/31/15) We thank the following individuals and corporate contributors for their support in 2015.
CONTINUED ON PAGE 8
5 YEARGOLD STAR
RECOGNITIONIndividuals and companies with
a gold star have made annual contributions to
The Actuarial Foundation in each of the last five years.
Thank you for your ongoing support!
OUR DONORS MADE IMPACTS
The Actuarial Foundation 8 2015 Annual Report
Leon L. Langlitz Sylvia I. Lecky Timothy D. Lee Stephen E. Lehecka James T. LescoeO
Chester T. LewandowskiKeith Lewandowski Mr. and Mrs.
Stephen H. LewisOSteven E. LippaiOMark E. LitowO
Emily Lorentzen Harry S. LutzO
Tonya B. Manning Walter C. MarshO
Dennis C. Martin Donald P. MavesOCarolyn T. McCluskyO
Jennifer L. McGinnisOMichael F. McManusORobert G. MeilanderOBrenda S. MeyerOKenneth M. MihalkaO
Judy A. MillerOMary D. MillerOSteven P. MillerOEsther H. MilnesOG.T. MitchellOBruce D. Moore Jaime Mosquera Richard T. NewellOJeffrey D. Newman Joseph A. Nichols Nancy E. O’Dell-WarrenDenise R. Olson Arthur V. PanighettiODenise I. PattersonO
Jan L. PollnowO
Robert S. Price Thomas O. RauO
David RemstadO
Craig W. ReynoldsOStephen H. Rosen Craig P. Rosenthal Allan W. RyanO
Donald P. SandersonO
Keith T. Sartain Peter R. SchaeferOGabriel L. ShaheenO
James C. Shake Henry W. Siegel Mr. Alan and Mrs. Nancy M.
SkinnerOLisa A. SlotznickO
Keith R. SpaldingO
James E. Spencer Ross J. Starfeldt David T. Stefanski Richard M. StensonO
Deborah A. Stern Ronora E. Stryker Robert W. SturgisOGraham T. SummerleePatrick Thorpe Jerome E. TuttleO
Diane WallaceO
Jeffrey N. Wallace Katherine A. Warren Caroline M. Waxler John W. Wiklund Andrew V. Wilkinson Pamela S. WoodleyO
Jonathan L. Wooley Amanda E. YoungO
Lynn M. Young Cynthia R. ZieglerO
SUPPORTER $100 - $249Michael E. Abbott Jeffrey L. Adams Melissa J. AhmannO
David H. Anenberg Paul AngeloO
John C. AntliffO
Michele L. Archer Daniel M. Arnold Carl X. AshenbrennerOKaren F. AyresOArthur L. BaldwinO
Stevan S. Baloski Philip A. BarlowO
Beverly R. Barney Brian G. Bayerle Rebekah D. Bayram John A. BeekmanO
Abbe S. Bensimon Michael W. Bertsche Shashikant K. Bhave Elmer Billman Kevin M. Bingham Ralph S. BlanchardO
Elie Bochner Joyce E. Bohl Michael L. Bollin William D. BonnevilleO
Donna D. Brasley Marc-Andre Brunet David BurginO
James D. Burke Monica M. BurmeisterKevin M. Bye Rodrigo CareagaO
Grace C. Caress Lawrence S. Carson Adam Carvalho Rodney J. ChandlerOJeffrey C. ChaninO
Lisa G. Chanzit
Chia C. Chiang April S. ChoiODavid J. ChristiansonO
James C. Christou Dale M. Chudnow Gary T. Ciardiello Patrick L. Collins Ann M. Conway Andrea CordaniOTim Cowan Geoffrey CroftsODarrel J. CrootOLarry A. Curran Julie F. CurryO
Dave Czernicki Peter B. Dahlberg Thomas V. Daley James W. DallasODaniel A. D’Andrea Richard A. DannenbergSmitesh Davé Richard L. DavenportOJohn Dawson Susan T. Deakins Kenneth M. deCesareO
Thomas J. DeFalco Thomas Del Fiacco Shannon Demaree Robert S. Dezube Arnold A. Dicke Christopher A. DonahueO
Thomas A. Doran William A. Dreher Mark E. DruryO
Keith J. DubasOMark K. Dunbar Robert J. DymowskiOWilliam E. EasterlyO
Michael V. EckmanO
Lester A. EdelsteinO
Phillip A. EisenbergO
Janet L. FaganO
Barry J. FalkoffO
Michael W. Fedyna Andy Ferris Robert J. FingerOWayne H. Fisher Daniel J. FlahertyO
Ryan FlemingO
Holly M. Flocker Luther O. Forde William B. Fornia Nolan Frank Sara and Greg Frankowiak John P. FrederickO
Howard A. FreidinO
Stanley R. FreilichO
David Friston
Donald E. FuerstOCharles K. FuruikeO
Anant Galande Harvey S. GallowayO
Eleanor Galt Steven C. GaravagliaO
John D. GavrityO
Jack L. Gibson Carolyn H. Glasgow Karen P. Glenn Ralph H. GoebelOIrwin H. Goldfarb Robert B. GoodeO
Timothy L. GrahamO
Michael Grainger Jack GreenbergO
Eli GreenblumO
Nathan A. Greenlee Richard A. GroszkiewiczJeffrey A. Groves William R. Hallmark Michael R. Hamachek George E. HarrisonO
Ayleene G. HartmanO
Thomas K. Hartman Lise A. HasegawaO
William J. HauserOPaul J. Heffernan Kelly M. Hennigan Peter HepokoskiOSanford B. Herman Todd J. HessOKirk Higgins Michael R. Hill Scott A. HittnerOKatherine Holcomb John F. Huddleston Frank S. Irish Stephen JamesonO
Cynthia Jeness Isadore JermynO
Lawrence A. JohansenJeffrey R. JordanO
Thomas P. Kalmbach Michael J. Kaufman Stephen G. KellisonO
Laura M. Kelly Gareth Kennedy Asad KhalidO
W D. Kidwell Martha M. Kimball Brian G. KingO
Stephen A. King Paul E. Kinson Jason T. Klawonn Allen M. KleinO
Ellen L. KleinstuberOFrank W. KlinzmanO
Joseph F. Kolodney
William J. Koss Jeffrey J. Krygiel Ronald T. Kuehn Michelle L. KunzmanO
Thomas C. Lamanna Todd L. Laszewski Rita M. Lawlor Barbara V. Lawson Paul L. LeClairOTimothy R. Leier Carol F. LeithO
Gerald E. Lenis Brian R. Lessing Rodney Lester Joseph W. LevinO
Wilbur W. Lo Cindy Low John D. Lower Jon D. Lundy Yongtao Luo Richard Maguire Joel C. MagyarOChristopher P. Maher Stephen S. MakgillOLindsay J. Malkiewich Kevin A. MartiOLeslie A. Martin Michael McComisOCatherine McCulloughJack McKee David W. McLeroy Marilyn MeierORonald A. MetzlerOWilliam M. MillerOThomas F. MiltonO
David Minches Gerard C. Mingione Laura L. Mitchell Jeffrey S. Morris Joseph L. MoskowitzO
Todd B. MunsonO
Daniel M. MurphyO
Richard C. Murphy Sarah Murray Jennifer I. Nam Cyrus Neyssari Barbara P. NiehusORichard M. NiemiecO
John A. Nikander Kathleen C.
Odomirok-HoffmanO
Joan P. Ogden Amedee B. O’Gorman Cande Olsen Mark F. Olson Vanessa M. Olson Theodore S. OparowskiAleksandra V. Orlova Joanne M. Ottone
2015 Foundation Contributors (continued)
CONTINUED ON PAGE 9
The Actuarial Foundation 9 2015 Annual Report
David T. Ozar Susan E. Pantely Scott Parker Norman W. ParrishO
Mark R. Pasdo Gary PatrikO
Gary E. PaulineO
Timothy A. PauzaO
Robert A. Pedemonti John R. Pedrick Mary A. Peltier Andrew J. PetersonO
Howard M. Phillips Wm H. PhillipsOMichael L. Pisula Deborah W. PriceO
Juan F. PunchinO
Daniel J. Rakers Michael G. ReillyO
Robert R. Reitano Frederick R. Rickers David P. RigbyO
Jennifer S. Ringo Constance A. RokickiOWilliam P. RolandO
J. Franklin Rose Holly A. Ross Mark A. Ruegg Thomas G. RuehleO
Chad RuncheyO
Josephine A. Russo Geoffrey C. Sandler Kristin A. SchaeferODavid E. ScherrOLisa A. Schilling Mark W. SchlemmerORaymond T. SchludeO
Eric J. Schmidt Neal Schmidt Deborah A. Schultz Jonathan SchwartzO
Donald J. SegalOJack SeigelOGreg and Renee SgrossoAhmad Shadman Vladimir Shander Maureen A. ShaughnessyDavid A. Shea Kasha Shelton Mark Shemtob Charles J. SherfeyO
Wesley H. SiebrassORial R. Simons Deborah K. SloanO
Michael B. Smith Stephen L. SmithO
David L. SnellOMichelle D. Spartz F. Allen SpoonerO
Michael E. Sproule Edward J. Stanco Stephen N. SteinigO
Diane M. Storm Lee H. Straate Paul J. Struzzieri Robert A. Sujecki Douglas W. TaylorOScott C. Thornton Thomas P. TierneyO
Peter D. TilleyO
Andrew C. Tilmont Debra K. Toohill James E. Trimble John G. TurnerOWilliam R. Van Ark Oakley E. Van Slyke George T. WaaserODavid N. WakelyO
James F. Walbridge Robert A. WardO
Edward K. WarnerODavid W. Warren Lynne K. Wehmueller Karen J. WeissOLouis M. WeiszO
Richard K. WendtORobert L. Whitney Robert E. Wilen Jill A. WilkisOCharles Wilson Matthew J. Wininger Chad C. Wischmeyer Kevin S. WolfOBernard WolzenskiOClaire Worley Jason Wyrick Joseph R. Zatto Paul R. ZwillingO
CONTRIBUTOR $1 - $99M. Shefaque Ahmed Jerry D. Allen Robert A. Alps Neil M. Anderson Krystle Anil Virgil H. Applequist Jonathan Applewhite Janejira Aranyawat Nancy L. Arico Natalie Atkinson Stephanie Aube Richard J. Babel David J. BahnO
Janet M. Barr Elaine A. BarrittOTrevor Beasty Linda L. Bell Neil A. Bethel
Ravi Bhagat Mark D. BiglowO
Michael D. Bishop Elena V. Black Joseph Bojman Mike A. BootOTimothy G. Branch Michael M.
Braunstein Andreea Brezeanu Brian J. Brown Samuel J. Brunell Keith A. Bucich Dep Bui Andrea Burns Charlene N. Butz Crispina O. Caballero Elizabeth Caldwell Jonathan A. CanineO
Jillian Cataloni Michael J. CelliniOLon Chang Shiv Charan Xi Chen Thomas Clark Kevin M. Cleary Laurence D. Cohen Warren M. CohenO
Linden N. ColeO
Jean M. Condon Dianne ConteO
Jeanette R. Cooper Veronika K. Crane Henry & Ellen Criz Richard D. Cruise Constance B. Dalmadge HallKenyon Day Rita K. DeGraaf Giedre Delgado Jason Demouy Brigh Desjardins Noelle Destrampe Stephen R. DiCenso Rachel C. DolskyO
Laura Donnelly Kirk L. Dorn Thomas J. Duffy Brian N. Dunham Paul B. Dunlap Art Dunley Marilyn C. Dunnill Priya Dwarakanath Edward A. EcheverriaO
Garry M. EckardO
Ryan Empey Michael L. FalcoO
Richard J. Fallquist Erik J. Fasano Andrew W. Ferguson
Philip P. Ferrari John A. Fibiger Alan W. Finkelstein Timothy Finnie John R. ForneyO
Whitney Fose Aaron M. Friedman Sheryl Gabriel Jacob C. Galecki Lisa C. Gandrud J. Timothy GauleO
Megan Gelsinger Mary Genack Robert Glazier Michael Golding Philip GollanceO
Lori A. GordonO
Vasu Goyal Vincent J. Granieri Cory J. Gusland Karen E. HansonO
Robert B. HardinO
James C. Harrison Minyu He Jason B. Heissler Kathryn E. Herbig Edwin E. HightowerORebecca Hoffmann John F. HowellOMark S. Hoyt Dwayne A. Husbands Robert J. Ingram Shemina Jamal Emily Janke Kim Jentges Victoria Jiang Timothy Johnson Thomas S. Johnston Leslie M. Jones Madison Jones Gerysen Joseph Pamela A. KaplanO
Hideaki Kazeno Rizwan M. Khan Brian S. Kheel Jessica Kildow Theodore J. Kitsos John D. Klemm John L. Klemmer William A. Kling Harold S. Kolpak Wally Kopec Christopher A. KremerOKenneth R. Krissinger Francis J. KristonO
Robert Laban Ryan Laine James R. Lamenzo Megan Lancioni
Amy Lara Clifford Lau Irene LeeO
Michelle K. Lee Walter A. LehmanO
Christian LemayO
Valerie A. Lendt Jerrold M. Levy Kelly C. Lewis Mi Li Tony Li Zheng Li J T. Liddle Stuart L. Liebeskind Diana Lin Marshall Lin Shu C. LinO
Dustin J. LoefflerOSue Ann Loo G H. Loomis John H. LowellOFranklin L. Lundquist Margo MacKenzie Jennifer Marquino Lisa Martell Michael Massa William Matczak Laura A. Maxwell Harold McCollumO
Michelle L. McDonald Stephen T. McElhaneyO
Mark L. McGowan Walter J. McLaughlinO
Meghan McLenithan Darpan Mehta Carl E. MeierOStephen A. Meskin Robert C. MitchellOVictor ModugnoO
Clara Morales David Moreno Helane Moskovich Quentin Mostoller Michael MudryO
Geraldine Murtagh Jordan N. Nadler Intisar Nasir Richard J. NelsonO
Trina Nelson Lindsay B. Neu Kristin R. Norberg Ann M. O’Connell Christina Oda William O. Oglesby Aoife O’Hora Alan T. Oldiges Francisco Orduna Scott C. Otermat Joseph PaesaniO
2015 Foundation Contributors (continued)
CONTINUED ON PAGE 10
The Actuarial Foundation 10 2015 Annual Report
Kishen PatelODavid Paul David R. Payne Laura S. Pendergast John W. PennistenO
John Pierce Kyle Poirier Howard L. Polivy Dorothy M. Proulx Patricia A. Pruitt Gaurav Rastogi Jennifer A. Rathmell Jon Ravin Robert J. Reiskytl Forrest A. RichenO
Edward L. Robbins John C. Roberts Brad S. Rokosh Bruce Rosner Peter G. Rossi Alan J. Routhenstein James B. Rowland Elizabeth S. SalamoneO
Nicholas J. Sales Mr. and Mrs. David P.
SchandingO
Keith A. Schardt Samuel C. Schauf Paul G. SchottOTobias Schuler
Vikas Sharan Rajendra P. Sharma John L. Shaw April Shen Gary Shia Robert L. Silverman Susan L. SilvermanO
Howard L. SimonO
Stephen G. SingerOKelvin K. Siu Michael Slipowitz Frances A. SmithO
Richard C. Smith Jonathan So Justin C. Spitler Philip Sprawls Jeffrey T. Stabach Brooke Stadel Mindy Steichen Elliott M. SteinerOJon M. StellmacherOSamantha Stencel Ian P. SterlingO
Larry N. Stern Charles M. Stipelman Alan C. Stone Judy L. Strachan Martha Stubbs Hannah Suh Patrick E. Sutherland
Chester J. SzczepanskiDonn T. Takebayashi Amy J. TalankerOZheng Tan Elissa D. Tauber Craig P. Taylor George J. Taylor Thomas N. TaylorOKenneth D. ThiemeO
Malgorzata TimbergO
Allison R. Tomlinson Joel Tomski Hayley M. Topel Huy Tran Chris G. Trost Danae Trott Christian A. UlmerODavid T. Van Caster Kathryn Van Ryn Anushka Vats Sian Walker Donna F. Wallach Darby Wallis H. Estefania Walls Kyle Walster Matthew Wang Ping Wang Tiffany Weeks Brady Wilkin Vickie N. Williams
Henry N. WinslowO
Claire L. WolkoffO
Wilson Wong Yi Wu Ryan Wuenstel Benjamin J. YahrOJohn B. Yanko Hideyuki Yoshida Earlene L. Young Yuan Yuan Benny S. Yuen Mark M. Zanecki Matthew M. Zhang Aria Zhou Ann Ziesemer Michael L. Zurcher
2015 Foundation Contributors (continued)
LEGACY CIRCLE MEMBERSThe Foundation’s Legacy Circle members have made a commitment in their estate planning to ensure the Foundation will continue to serve the public and the profession for years to come.
John and Beverly AntliffCraig and Merilyn BaldwinPaul BraithwaiteBob and Maggie CongerGary and Consuelo CorbettMichael and Cathleen CoreyWilliam FalkDave and Kitty HartmanDave and Faye HollandJoe and Michelle Kelly Jim and Barbara MacGinnitieJoel Magyar Steve and Janie RadcliffeRod and Lori RohdaGail RossWalter and Amelia RuglandSteven Schreiber and
Amy LorowitzBob and Karen ShapiroFred and Sue Sievert Michelle D. SmithDorn and Joanne SwerdlinMavis Walters
Supporting U.S. Actuarial OrganizationsSince 2004, The Actuarial Foundation has received support from the U.S. actuarial organizations. Their trust and
encouragement in the Foundation’s good work in fulfilling its mission are key elements to our growth and continued success as the philanthropic organization of the actuarial profession.
The Actuarial Foundation 11 2015 Annual Report
The Foundation thanks the following corporations who dedicated their support to our mission through sponsorships and matching gift programs.
CORPORATE SPONSORS
VISIONARY $25,000+Ernst & Young, LLPO
Milliman, Inc.ONew York Life Insurance Company OdysseyRe Foundation INNOVATOR $10,000-$24,999Conference of Consulting ActuariesODeloitte Consulting LLPO
Liberty Mutual Group MetLife FoundationO
Nationwide FinancialONorthwestern MutualOPrudential Financial RGA Reinsurance CompanyO
SCOR Global Life US Reinsurance CompanyO
The Terry Group Voya Financial PIONEER $5,000 -$9,999Actuarial Society of Greater New YorkO
Aetna Alpha Re Limited DW Simpson Global Actuarial & Analytics
RecruitmentOGen Re Guardian Life Insurance CompanyO
Hannover Life Reassurance Company of AmericaO
Mercer Munich American Reassurance CompanyO
Ohio National Foundation Oliver Wyman Actuarial Consulting, Inc. Penn Mutual Life Insurance Company PricewaterhouseCoopers, LLP Sentry Insurance GroupO
Society of Actuaries Reinsurance SectionO
Society of Actuaries Smaller Insurance Section Council
Swiss Re Life & Health AmericaO
Transamerica Trustmark Foundation UNUM GroupO
PATHFINDER $2,500-$4,999Pacific Life FoundationO
Willis Towers WatsonO
PACESETTER $1,000-$2,499Aon Foundation Actuarial Careers, Inc. Actuaries’ Club of Hartford-Springfield American Academy of Actuaries American Agricultural Insurance CompanyO
Aurigen USA Holdings, Inc. Canada Life Re Ezra Penland Actuarial Recruitment, Inc.OFreeborn Healthcare Visions, Inc. LOGiQ3 Wakely Consulting Group, Inc.
BUILDER $500-$999The McKeogh CompanyO
Actuarial Advisors, Inc.OOne Beacon Insurance Group Rudolph Financial Consulting, LLCO
CONTRIBUTOR $250- $499ACTEX Publications, Inc.
SUPPORTER $100-$249Actuarial Standards Board Abar Retirement Plan Services, LLC Pension Section Council of SOA The Kenneth D. Anderson Company, Inc.
MATCHING GIFT COMPANIESAetna Foundation *Allianz Global Assistance
Matching Gift ProgramAllstate Giving Campaign *American Agricultural Insurance Company *Aon FoundationArch Insurance GroupChubb Group of Insurance Companies *GE FoundationMassMutual *Mutual of America Life Insurance CompanyNJM Insurance GroupPacific Life FoundationPrudential FoundationThe Travelers Companies, Inc.Thrivent Financial for Lutherans *Verisk AnalyticsVoya Financial
As of 12/31/2015