ACTUARIAL FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ACTUARIAL FOUNDATION (EIN 36-3968441)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-04
- IRS object ID
- 201303089349300875
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-04T16:13:18-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Tilly Virchow Krause LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 205 N Michigan Ave 28th Floor | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 606015927 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363968441 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Actuarial Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % TIFFANY BERGER | InCareOfName |
| Name Control | ACTU | NameControl |
| Phone | 8477063500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 N Martingale Road | AddressLine1 |
| Address Line2 | Suite 600 | AddressLine2 |
| City | Schaumburg | City |
| State | IL | State |
| ZIP Code | 60173 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Tiffany Berger | Name |
| Title | Director of Finance | Title |
| Phone | 8477063620 | Phone |
| Date Signed | 2013-09-19 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Judith H Meguire CPA | Name |
| Phone | 3127298000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Eileen Streu | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 N Martingale Road | AddressLine1 |
| City | Schaumburg | City |
| State | IL | State |
| ZIP Code | 60173 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1592173 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.actuarialfoundation.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1994 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | We offer teachers free math enhancement materials for their classrooms. We provide insight for consumers to efficiently manage changing economic situations. We provide actuaries (see Schedule O) | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 27 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 947689 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 952480 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 103954 | InvestmentIncomePriorYear |
| Investment Income Current Year | 465887 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -43922 | OtherRevenuePriorYear |
| Other Revenue Current Year | -26085 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1007721 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1392282 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 587090 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 498213 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 13525 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 540894 | OtherExpensePriorYear |
| Other Expenses Current Year | 554262 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1127984 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1052475 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -120263 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 339807 | RevenuesLessExpensesCY |
| Total Assets BOY | 4484089 | TotalAssetsBOY |
| Total Assets EOY | 4793253 | TotalAssetsEOY |
| Total Liabilities BOY | 163035 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 132392 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4321054 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4660861 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | We offer teachers free math enhancement materials for their classrooms. We provide insight for consumers to efficiently manage changing economic situations. We provide actuaries researchers and students the opportunity to benefit from awards and scholarships. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 476898 | Expense |
| Grants | 307381 | Grants |
| Description | Youth Education-Provides grants and math education curriculum/materials to US schools grade 4 through 12. Program development and dissemination reached 150,000 teachers with the ability to reach a million students. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 106163 | Expense |
| Grants | 80832 | Grants |
| Description | Research and actuarial education-Grants for scholarships and research projects that advance actuarial science. 7 research grants were awarded. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 18949 | Expense |
| Description | Consumer Education-Funding of projects that provide educational information to the general public regarding financial security issues. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 164102 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 110000 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 766112 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | true | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 10 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 27 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TIFFANY BERGER | NamePerson |
| Telephone Number | 8477063620 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 N MARTINGALE ROAD | AddressLine1 |
| City | Schaumburg | City |
| State | IL | State |
| ZIP Code | 60173 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| Joseph Kelly | ||||||
| Chairman | 2.0 | X | X | 0 | 0 | 0 |
| Craig Baldwin | ||||||
| Vice-Chair | 1.0 | X | X | 0 | 0 | 0 |
| Cindy Miller | ||||||
| Secretary/Treasurer | 1.5 | X | X | 0 | 0 | 0 |
| Cecil Bykerk | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Pam Cone | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Robert Conger | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Tom Corcoran | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Robert Deutsch | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Doug French | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Mike Fusco | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Maureen Hager | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Helen Galt | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Curtis Hamilton | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Dave Hartman | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| John Kollar | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Warren Luckner | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Julie Malida | ||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |
| Kathy Olcese | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Steve Schreiber | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| John Schubert | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Carol Sears | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Michelle Smith | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Joel Steinberg | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Dorn Swerdlin | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Pat Teufel | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Dale Yamamoto | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Amanda Young | ||||||
| Trustee | 0.25 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 66300 | FundraisingEvents |
| All Other Contributions | 886180 | AllOtherContributions |
| Noncash Contributions | 24999 | NoncashContributions |
| Total Contributions | 952480 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 117737 | TotalRevenueColumn |
| Exclusion | $117,737 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 497138 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 148988 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 348150 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 348150 | TotalRevenueColumn |
| Exclusion | $348,150 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 66300 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 50903 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -50903 | TotalRevenueColumn |
| Exclusion | -$50,903 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISC SALES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 24818 | TotalRevenueColumn |
| Exclusion | $24,818 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 24818 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1392282 | TotalRevenueColumn |
| Exclusion | $439,802 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 414381 | Total |
| Program Services | 414381 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43139 | Total |
| Program Services | 43139 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40693 | Total |
| Program Services | 40693 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228 | Total |
| Management And General | 228 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11535 | Total |
| Management And General | 11535 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10293 | Total |
| Management And General | 10293 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53263 | Total |
| Management And General | 53263 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 132252 | Total |
| Program Services | 108031 | ProgramServices |
| Management And General | 11786 | ManagementAndGeneral |
| Fundraising | 12435 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4369 | Total |
| Management And General | 4369 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9015 | Total |
| Program Services | 4414 | ProgramServices |
| Management And General | 4579 | ManagementAndGeneral |
| Fundraising | 22 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21545 | Total |
| Management And General | 21545 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2157 | Total |
| Management And General | 2157 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3145 | Total |
| Management And General | 3145 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PROFESSIONAL FEES | 42699 | 13795 | 28904 | |
| REIMBURSED EXP - WAGES | 209567 | 112780 | 95719 | 1068 |
| MISCELLANEOUS | 71 | 71 | ||
| HONORARIUM | 750 | 250 | 500 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53373 | Total |
| Program Services | 28629 | ProgramServices |
| Management And General | 24744 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1052475 | Total |
| Program Services | 766112 | ProgramServices |
| Management And General | 272838 | ManagementAndGeneral |
| Fundraising | 13525 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101819 | BOY |
| EOY | 101661 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 272963 | BOY |
| EOY | 216635 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67320 | BOY |
| EOY | 123208 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3590 | BOY |
| EOY | 3590 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 38827 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 38827 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2157 | BOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4036240 | BOY |
| EOY | 4348159 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4484089 | BOY |
| EOY | 4793253 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163035 | BOY |
| EOY | 124892 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 7500 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 163035 | BOY |
| EOY | 132392 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2999146 | BOY |
| EOY | 3081975 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1321908 | BOY |
| EOY | 1578886 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4321054 | BOY |
| EOY | 4660861 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4484089 | BOY |
| EOY | 4793253 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 339807 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 963460 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 855598 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1040971 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 947689 | CurrentTaxYearMinus1Year |
| Current Tax Year | 952480 | CurrentTaxYear |
| Total | 4760198 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 963460 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 855598 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1040971 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 947689 | CurrentTaxYearMinus1Year |
| Current Tax Year | 952480 | CurrentTaxYear |
| Total | 4760198 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 0 | AmountsSubstContributorsTotal |
| Public Support Total170 | 4760198 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 147607 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 87421 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 100203 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 103954 | CurrentTaxYearMinus1Year |
| Current Tax Year | 117737 | CurrentTaxYear |
| Total | 556922 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 5317120 | TotalSupport |
| Public Support Pertcentage170 | 0.89526 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.88130 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Current Year Minus3 Years | CurrentYearMinus3Years | |
| Current Year Minus4 Years | CurrentYearMinus4Years | |
| Land | Land | |
| Buildings | Buildings | |
| Leasehold Improvements | LeaseholdImprovements | |
| Equipment | Equipment |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 38827 | OtherCostOrOtherBasis |
| Depreciation | 38827 | Depreciation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 1746895 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 314000 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 314000 | RevenueNotRptdF990 |
| Revenue Subtotal | 1432895 | RevenueSubtotal |
| Investment Expenses Not Included | 10290 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -50903 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -40613 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1392282 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1407088 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 314000 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 314000 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1093088 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 10290 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | -50903 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -40613 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1052475 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt XI Line 4b | Special event expense |
| Pt XII Line 4b | Special event expense |
| Pt X Line 2 | The foundation follows the accounting standards for contingencies in evaluating uncertain tax positions. The guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by the Foundation for uncertain tax positions as of December 31, 2012 and 2011. The Foundation's tax returns are subject to review and examination by federal and state authorities. The tax returns for the current year as well as fiscal years 2009 and thereafter are open for examination by federal and state authorities. Authorities are for the years 2008 to 2010, which statutes expire in 2011 to 2013, respectively. |
Schedule F IRS990ScheduleF
Grants To Orgs Outside US GrantsToOrgsOutsideUS (3 entries)
| RegionRegion | Purpose Of GrantPurposeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|
| East Asia and the Pacific | Research Grant | 7494 | Check |
| North America | Research Grant | 8000 | Check |
| North America | Grant | 5700 | Check |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 3 | TotalNumberOf501c3Orgs |
Grants To Ind Outside US GrantsToIndOutsideUS (10 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|---|
| Research Grant | Europe (Including Iceland and Greenland) | 1 | 999 | Check |
| Research Grant | North America | 1 | 2000 | Check |
| Research Grant | East Asia and the Pacific | 1 | 2500 | Check |
| Scholarship Award | Central America and the Caribbean | 1 | 2500 | Check |
| Scholarship Award | North America | 1 | 2000 | Check |
| Scholarship Award | North America | 1 | 1000 | Check |
| Scholarship Award | Sub-Saharan Africa | 1 | 2000 | Check |
| Scholarship Award | East Asia and the Pacific | 1 | 2000 | Check |
| Prize | North America | 1 | 500 | Check |
| Prize | North America | 1 | 500 | Check |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ReFocus Event | NameOfEvent1 |
| Gross Receipts Event1 | 66300 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 66300 | CharitableContributionsEvent1 |
| Other Direct Expenses Event1 | 50903 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 66300 | GrossReceiptsTotal |
| Charitable Contributions Total | 66300 | CharitableContributionsTotal |
| Other Direct Expenses Total Events | 50903 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 50903 | DirectExpenseSummaryEvents |
| Net Income Summary | -50903 | NetIncomeSummary |
Schedule I IRS990ScheduleI
Recipient Table RecipientTable (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| Scholastic Inc | |||||||
| 557 Broadway | New York | NY | 10012 | 133385513 | 501(c)(3) | 284734 | Support Program |
| Brown University | |||||||
| 164 Angell Street | Providence | RI | 02912 | 100323841 | 501(c)(3) | 7500 | Scholarship |
| University of Wisconsin | |||||||
| Dept of Math Sci | Mikwaukee | WI | 53201 | 391805963 | 501(c)(3) | 10000 | Research Grant |
| Robert Morris University | |||||||
| 6001 Univ Blvd | Moon Township | PA | 15108 | 003359000 | 501(c)(3) | 7500 | Scholarship |
| Long Beach Public Schools | |||||||
| 233 Lagoon Drive West | Lido Beach | NY | 11561 | 116002063 | 501(c)(3) | 6382 | Grant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 4 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Research Grants | 7 | 37139 |
| Prizes | 2 | 6000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Pt I Line 2 | Identifier |
| Explanation | Grants provided to organizations are required to provide an evaluation at scheduled intervals over the time of the grant. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part I, Line 1: | Mission Statement | researchers and students the opportunity to benefit from awards and scholarships. |
| Form 990, Part VI, Line 11b: | The Secretary/Treasurer has reviewed the 990 on behalf of the Board. | |
| Form 990, Part VI, Line 12c: | Members of the governing body are required to sign a conflict of interest statement annually. | |
| Form 990, Part VI, Line 15a: | The Compensation Committee gathers information regarding the Executive Director's salary annually and documents performance along with any merit increase. | |
| Form 990, Part VI, Line 19: | If requested, a copy of the 990 is sent via mail or email to the party requesting. | |
| Form 990, Part III, Line 4d: (continued) | Expenses: $15,448 Publish and distribute newsletter concerning matters of The Actuarial Foundation to its donor base. The newsletter communicates project updates to donors and trustees. Expenses: $148,655 Grants Of: $110,000 Scholarships - Awarded for academic, leadership qualities, successfully completing an actuarial exam and diversity. Scholarships awarded are for undergraduate students pursuing a possible career in the actuarial profession. |
Comments