2013-11-04T16:13:18-06:00 2012-12-31 Baker Tilly Virchow Krause LLP 205 N Michigan Ave 28th Floor Chicago IL 606015927 990 2012-01-01 363968441 The Actuarial Foundation % TIFFANY BERGER ACTU 8477063500 475 N Martingale Road Suite 600 Schaumburg IL 60173 Tiffany Berger 8477063620 2013-09-19 true Judith H Meguire CPA 3127298000 2012 2016-03-07 17:11:31Z Eileen Streu 475 N Martingale Road Schaumburg IL 60173 1592173 false X www.actuarialfoundation.org X 1994 IL 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) 27 27 0 50 0 947689 952480 0 0 103954 465887 -43922 -26085 1007721 1392282 587090 498213 0 0 0 0 0 0 13525 540894 554262 1127984 1052475 -120263 339807 4484089 4793253 163035 132392 4321054 4660861 X 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. false false 476898 307381 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. 106163 80832 Research and actuarial education-Grants for scholarships and research projects that advance actuarial science. 7 research grants were awarded. 18949 Consumer Education-Funding of projects that provide educational information to the general public regarding financial security issues. 164102 110000 766112 true true false false false false false false false true false false false false true true false false false false true true false true false false true true false false false false false false false false false false false false false false false false false false true 10 0 0 false false false false false false false false false false X 27 27 false false false false false false false true true false false false true true true true true true false false IL X X TIFFANY BERGER 8477063620 475 N MARTINGALE ROAD Schaumburg IL 60173 Joseph Kelly 2.0 X X 0 0 0 Craig Baldwin 1.0 X X 0 0 0 Cindy Miller 1.5 X X 0 0 0 Cecil Bykerk 0.25 X 0 0 0 Pam Cone 0.25 X 0 0 0 Robert Conger 0.25 X 0 0 0 Tom Corcoran 0.25 X 0 0 0 Robert Deutsch 0.25 X 0 0 0 Doug French 0.25 X 0 0 0 Mike Fusco 0.25 X 0 0 0 Maureen Hager 0.25 X 0 0 0 Helen Galt 0.25 X 0 0 0 Curtis Hamilton 0.25 X 0 0 0 Dave Hartman 0.25 X 0 0 0 John Kollar 0.25 X 0 0 0 Warren Luckner 0.25 X 0 0 0 Julie Malida 2.0 X 0 0 0 Kathy Olcese 0.25 X 0 0 0 Steve Schreiber 0.25 X 0 0 0 John Schubert 0.25 X 0 0 0 Carol Sears 0.25 X 0 0 0 Michelle Smith 0.25 X 0 0 0 Joel Steinberg 0.25 X 0 0 0 Dorn Swerdlin 0.25 X 0 0 0 Pat Teufel 0.25 X 0 0 0 Dale Yamamoto 0.25 X 0 0 0 Amanda Young 0.25 X 0 0 0 0 0 0 0 false false false 0 66300 886180 24999 952480 0 117737 117737 0 0 0 0 0 497138 148988 348150 348150 348150 66300 50903 -50903 -50903 0 0 MISC SALES 900099 24818 24818 24818 1392282 439802 414381 414381 43139 43139 40693 40693 0 0 0 0 0 0 0 0 228 228 11535 11535 0 0 10293 10293 0 53263 53263 132252 108031 11786 12435 4369 4369 0 0 9015 4414 4579 22 0 21545 21545 0 0 2157 2157 3145 3145 PROFESSIONAL FEES 42699 13795 28904 REIMBURSED EXP - WAGES 209567 112780 95719 1068 MISCELLANEOUS 71 71 HONORARIUM 750 250 500 53373 28629 24744 1052475 766112 272838 13525 101819 101661 272963 216635 67320 123208 0 0 0 0 0 0 0 0 0 0 3590 3590 38827 38827 2157 4036240 4348159 0 0 0 0 0 0 0 0 4484089 4793253 163035 124892 0 0 0 7500 0 0 0 0 0 0 0 0 0 0 0 0 163035 132392 X 2999146 3081975 1321908 1578886 0 0 4321054 4660861 4484089 4793253 339807 X false true X true false X 963460 855598 1040971 947689 952480 4760198 0 0 963460 855598 1040971 947689 952480 4760198 0 4760198 147607 87421 100203 103954 117737 556922 0 0 5317120 0.89526 0.88130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38827 38827 0 0 1746895 314000 314000 1432895 10290 -50903 -40613 1392282 1407088 314000 314000 1093088 10290 -50903 -40613 1052475 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. East Asia and the Pacific Research Grant 7494 Check North America Research Grant 8000 Check North America Grant 5700 Check 3 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 false false false false false false ReFocus Event 66300 66300 50903 0 66300 66300 50903 50903 -50903 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 4 1 Research Grants 7 37139 Prizes 2 6000 Pt I Line 2 Grants provided to organizations are required to provide an evaluation at scheduled intervals over the time of the grant. 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.