2026-08-13T07:49:13-05:00 2025-09-30 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2024-10-01 136113674 CASUALTY ACTUARIAL SOCIETY CASU 7032763100 4350 N FAIRFAX DRIVE 250 ARLINGTON VA 22203 VICTOR R CARTER-BEY CHIEF EXECUTIVE OFFICER 7032763100 2026-08-11 1 1 CHICHI MSANGI P01972113 5712279500 2026-08-11 2024 2025-03-06 01:10:19Z VICTOR R CARTER-BEY 4350 N FAIRFAX DRIVE 250 ARLINGTON VA 22203 34680148 0 X WWW.CASACT.ORG X 1969 VA TO ADVANCE THE BODY OF KNOWLEDGE OF ACTUARIAL SCIENCE APPLIED TO GENERAL INSURANCE. 17 17 68 2487 108789 3038 0 0 19144088 22410318 3117444 1542745 19927 45366 22281459 23998429 631302 664189 0 0 8792229 9691997 0 0 0 9822239 11971537 19245770 22327723 3035689 1670706 33508796 36285988 10151879 9600647 23356917 26685341 X SEE SCHEDULE O.THE PURPOSES OF THE CASUALTY ACTUARIAL SOCIETY ARE TO ADVANCE THE BODY OF KNOWLEDGE OF ACTUARIAL SCIENCE APPLIED TO GENERAL INSURANCE, INCLUDING PROPERTY, CASUALTY AND SIMILAR RISK EXPOSURES; TO EXPAND THE APPLICATION OF ACTUARIAL SCIENCE TO ENTERPRISE RISK AND SYSTEMIC RISKS; TO ESTABLISH AND MAINTAIN STANDARDS OF QUALIFICATION FOR MEMBERSHIP; TO PROMOTE AND MAINTAIN HIGH STANDARDS OF CONDUCT AND COMPETENCE; TO INCREASE AWARENESS OF ACTUARIAL SCIENCE; AND, TO CONTRIBUTE TO THE WELL BEING OF SOCIETY AS A WHOLE. 0 0 0 0 0 MEETINGS AND SEMINARS:SPONSORED 2 MEETINGS, 14 SEMINARS, 26 WEBINARS, AND 11 COURSES ON PROFESSIONALISM TO ADVANCE THE BODY OF ACTUARIAL KNOWLEDGE AND INCREASE THE AWARENESS OF ACTUARIAL SCIENCE. 0 0 0 EXAMS:SPONSORED ACTUARIAL 9,645 EXAMS IN FY2025 TO EDUCATE STUDENTS ON PROPERTY CASUALTY APPLICATIONS. ONCE THEY HAVE PASSED THE EXAMS, THEY QUALIFY FOR MEMBERSHIP. 0 0 0 PUBLICATIONS AND REFERENCE MATERIALS:PRODUCED 6 ISSUES OF ACTUARIAL REVIEW, 2 VARIANCE JOURNALS, SEVERAL WHITE PAPERS, RESEARCH PAPERS, AND MONOGRAPHS TO FURTHER THE KNOWLEDGE AND UNDERSTANDING OF PROPERTY CASUALTY ACTUARIAL PROFESSIONALS AND EXAM APPLICANTS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 43 0 1 68 1 1 1 0 0 0 0 0 0 0 X 17 17 0 0 1 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X TODD ROGERS 7032763100 4350 N FAIRFAX DRIVE STE 250 ARLINGTON VA 22203 A DAVID CUMMINGS PRESIDENT 10.00 2.00 X X 0 0 0 BARRY FRANKLIN PRESIDENT-ELECT 10.00 2.00 X X 0 0 0 ROOSEVELT MOSLEY BOARD CHAIR (UNTIL 11/24) 20.00 2.00 X X 0 0 0 FRANK CHANG BOARD CHAIR 20.00 2.00 X X 0 0 0 STEVE BELDEN DIRECTOR 5.00 2.00 X 0 0 0 WANCHIN CHOU DIRECTOR 5.00 2.00 X 0 0 0 STEPHANIE ESPY DIRECTOR 5.00 2.00 X 0 0 0 DAVID FOLEY DIRECTOR 5.00 2.00 X 0 0 0 PETER HAHN DIRECTOR 5.00 2.00 X 0 0 0 ANAND KHARE DIRECTOR 5.00 2.00 X 0 0 0 JULIE LEDERER DIRECTOR 5.00 2.00 X 0 0 0 LEN LLAGUNO DIRECTOR 5.00 2.00 X 0 0 0 SANDY LOWE DIRECTOR 5.00 2.00 X 0 0 0 JASON MACHTINGER DIRECTOR 5.00 2.00 X 0 0 0 JOE MILICIA DIRECTOR 5.00 2.00 X 0 0 0 AMBER ROHDE DIRECTOR 5.00 2.00 X 0 0 0 SIMONE WALKER DIRECTOR 5.00 2.00 X 0 0 0 KATHLEEN ORES WALSH DIRECTOR 5.00 2.00 X 0 0 0 JUSTIN BRENDEN DIRECTOR (UNTIL 11/24) 5.00 2.00 X 0 0 0 YVONNE PALM DIRECTOR (UNTIL 11/24) 5.00 2.00 X 0 0 0 KATHY OLCESE DIRECTOR (UNTIL 11/24) 5.00 2.00 X 0 0 0 ALICIA SPEIGHT DIRECTOR (UNTIL 11/24) 5.00 2.00 X 0 0 0 JASON RUSS DIRECTOR (UNTIL 11/24), VP-ADMISSIONS 5.00 0.00 X X 0 0 0 VICTOR CARTER-BEY CHIEF EXECUTIVE OFFICER 40.00 2.00 X 586953 0 157747 TODD ROGERS CHIEF FINANCIAL OFFICER 40.00 2.00 X 327020 0 141452 ANTHONY BUSTILLO VP-PROFESSIONAL EDUCATION 5.00 0.00 X 0 0 0 RICHARD MONCHER VP-ADMINISTRATION 5.00 0.00 X 0 0 0 WILLIAM WILDER VP-ADMISSIONS 5.00 0.00 X 0 0 0 KEITH BERMAN VP-INTERNATIONAL 5.00 0.00 X 0 0 0 ERIN OLSON VP-MARKETING & COMMUNICATIONS 5.00 0.00 X 0 0 0 MORGAN BUGBEE VP-RESEARCH & DEVELOPMENT 5.00 0.00 X 0 0 0 KATHLEEN DEAN DIRECTOR, MEETING SERVICES 40.00 2.00 X 184687 0 80669 ALICIA BURKE ICAS DIRECTOR OF PORTFOLIO & PRODUCT DEVELOPMENT 40.00 2.00 X 183565 0 27581 J MICHAEL BOA CHIEF COMMUNICATIONS OFFICER 40.00 2.00 X 301163 0 110990 KENDALL WILLIAMS STAFF ACTUARY 40.00 2.00 X 266591 0 57165 JOHN KLEINE CHIEF GROWTH AND PRODUCT OFFICER 40.00 2.00 X 256656 0 56284 JOYCE NEVEROV CHIEF BUSINESS OFFICER 40.00 2.00 X 260618 0 25062 CARRIE CROSS STRATEGY AND LEARNING PARTNER 40.00 2.00 X 160846 0 44841 2528099 0 701791 9 0 1 0 NCS PEARSON INC 13036 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 EXAM TESTING ADMINISTRATION 953316 THE COBALT COMPANY MOMENTIVE SOFTWARE H 2550 SOUTH CLARK ST STE 850 ARLINGTON VA 22202 IT CONSULTING, AMS ADMINISTRATION 866172 MOUNT ROYAL PRINTING 6310 BLAIR HILL LANE BALTIMORE MD 21209 PUBLISHING, PRINTING SERVICES 221689 AMERICAN ACADEMY OF ACTUARIES 1850 M STREET NW WASHINGTON DC 20036 ABCD FEES 185494 DATAPRISE LLC PO BOX 22645 NEW YORK NY 100872645 IT CONSULTING, DATABASE ADMINISTRATION 171698 9 MEETINGS REVENUE 900099 7817320 7817320 EXAM INCOME 900099 7369846 7369846 DUES INCOME 900099 7113988 7113988 ACTUARIAL REVIEW ADVERTISING 541800 79068 79068 WEBSITE ADVERTISING 900099 29721 29721 375 375 22410318 867721 867721 11356743 10681719 675024 675024 675024 45366 45366 45366 23998429 22301529 108789 1588111 323446 14333 326410 1662207 6248955 150734 1147236 482865 91303 64004 1585542 701782 1236980 975654 421467 443396 2265629 5869 138702 156539 MEALS AND ENTERTAINMENT 3326564 ACCRUED RESEARCH GRANTS 504290 53816 22327723 1860378 661199 223580 273214 5870 754694 1659502 1725132 674951 970836 1050181 28986934 32316161 706504 325731 33508796 36285988 2855747 3149515 5643024 5500575 1653108 950557 10151879 9600647 X 23356917 26685341 23356917 26685341 33508796 36285988 X 1670706 1549845 107873 X 0 1 X 1 0 0 1 0 515150 474904 40246 1209982 200047 1009935 1050181 ACCRUED PENSION OBLIGATION 513344 RIGHT OF USE LIABILITY 437213 950557 X PART X, LINE 2: THE SOCIETY IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, THE SOCIETY IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ITS UNRELATED BUSINESS INCOME. THE TRUST IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ICAS IS A SINGLE-MEMBER LIMITED LIABILITY COMPANY AND, AS SUCH, IS TREATED AS A DISREGARDED ENTITY FOR INCOME TAX PURPOSES. ACCORDINGLY, ICAS' FINANCIAL ACTIVITY IS REPORTED IN CONJUNCTION WITH THE FEDERAL INCOME TAX FILINGS OF THE SOCIETY. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION HAS EVALUATED THEIR TAX POSITIONS AND DETERMINED THAT THEIR POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS IN THE REGION 72762 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES PAYROLL ASSOCIATED WITH ONE STAFF MEMBER IN THE AREA HIRED THROUGH THE GLOBAL PAYROLL COMPANY. 318881 EUROPE 0 0 GRANTS TO RECIPIENTS IN THE REGION 42851 EUROPE 0 2 PROGRAM SERVICES PAYROLL ASSOCIATED WITH TWO STAFF MEMBERS IN THE AREA HIRED THROUGH THE GLOBAL PAYROLL COMPANY. 192773 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS IN THE REGION 15000 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS IN THE REGION 175006 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS IN THE REGION 9881 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS IN THE REGION 10910 0 3 0 0 0 3 838064 0 838064 EAST ASIA AND THE PACIFIC RESEARCH 14493 WIRE 0 N/A N/A EAST ASIA AND THE PACIFIC RESEARCH 7971 WIRE 0 N/A N/A EAST ASIA AND THE PACIFIC RESEARCH 30298 WIRE 0 N/A N/A EUROPE RESEARCH 12246 WIRE 0 N/A N/A EUROPE RESEARCH 12271 WIRE 0 N/A N/A EUROPE RESEARCH 192773 WIRE 0 N/A N/A NORTH AMERICA RESEARCH 8812 WIRE 0 N/A N/A NORTH AMERICA RESEARCH 160860 WIRE 0 N/A N/A SOUTH ASIA RESEARCH 9881 WIRE 0 N/A N/A SUB-SAHARAN AFRICA RESEARCH 10910 WIRE 0 N/A N/A 0 11 RESEARCH NORTH AMERICA 5333 WIRE TRANSFER N/A N/A RESEARCH EAST ASIA AND THE PACIFIC 20000 WIRE TRANSFER N/A N/A RESEARCH EUROPE 18333 WIRE TRANSFER N/A N/A RESEARCH MIDDLE EAST AND NORTH AFRICA 15000 WIRE TRANSFER N/A N/A 0 0 0 0 0 0 PART I, LINE 2: RESEARCH GRANTS ARE ACTIVELY MONITORED PER MILESTONES/DELIVERABLES IN THE RFP. FOR OTHER GRANTS WE ACTIVELY MANAGE DAY-TO-DAY ACTIVITIES. 1 AMERICAN INDIAN SCIENCE ENGINEERING SOCIETY 6321 RIVERSIDE PLAZA LANE SUITE A ALBUQUERQUE NM 87120 731023474 501(C)(3) 8100 0 N/A N/A SPONSORSHIP, ACRUARIAL CAREER AD PLACEMENTS ILLINOIS STATE UNIVERSITY CAMPUS BOX 3040 NORMAL IL 617903040 376014070 GOV'T 5183 0 N/A N/A ACTUARIAL RESEARCH INTERNATIONAL ASSOCIATION OF BLACK ACTUARIES PO BOX 24545 CLEVELAND OH 44124 364305164 501(C)(3) 65000 0 N/A N/A TO PROVIDE FUNDING FOR ADMINISTRATION OF ORGANIZATION MIDDLE TENNESSEE STATE UNIVERSITY 1301 EAST MAIN STREET PO BOX 34 MURFREESBORO TN 37132 621220979 GOV'T 5993 0 N/A N/A ACTUARIAL RESEARCH NATIONAL COLLEGE RESOURCES FOUNDATION 4030 W VALLEY BLVD STE 100 WALNUT CA 91789 861120719 501(C)(3) 15000 0 N/A N/A SPONSORSHIP NATIONAL SOCIETY OF BLACK ENGINEERS 205 DAINGERFIELD ROAD ALEXANDRIA VA 22314 351410757 501(C)(3) 5575 0 N/A N/A SPONSORSHIP ORGANIZATION OF LATINO ACTUARIES 200 EAST RANDOLPH STREET STE 5100 CHICAGO IL 60601 822323567 501(C)(3) 22500 0 N/A N/A TO PROVIDE FUNDING FOR ADMINISTRATION OF ORGANIZATION PINNACLE ACTUARIAL RESOURCES INC 3109 CORNELIUS DRIVE BLOOMINGTON IL 61704 113669570 22500 0 N/A N/A ACTUARIAL RESEARCH SOCIETY OF WOMEN ENGINEERS 130 EAST RANDOLPH ST STE 3500 CHICAGO IL 60601 131947735 501(C)(3) 7000 0 N/A N/A SPONSORSHIP STEM MUSE PBC LLC 5900 BALCONES DRIVE SUITE 100 AUSTIN TX 78731 922223590 7500 0 N/A N/A SPONSORSHIP THE ACTUARIAL FOUNDATION PO BOX 736557 CHICAGO IL 606736557 363968441 501(C)(3) 140000 0 N/A N/A TO PROVIDE FUNDING FOR ADMINISTRATION OF ORGANIZATION UMCES (UNIVERSITY OF MARYLAND CENTER FOR ENVIRONMENTAL SCIENCE) PO BOX 775 CAMBRIDGE MD 216130775 526002033 GOV'T 7428 0 N/A N/A ACTUARIAL RESEARCH UNIVERSITY OF TEXAS-DALLAS 800 W CAMPBELL ROAD SP227 RICHARDSON TX 75080 750926775 GOV'T 11667 0 N/A N/A ACTUARIAL RESEARCH 11 2 RESEARCH GRANT 2 14333 N/A N/A PART I, LINE 2: RESEARCH GRANTS ARE ISSUED BASED ON CONTRACTS WITH CAS THAT SPECIFY MILESTONES AND DELIVERABLES. A SAMPLE AGREEMENT MAY STATE INITIAL PAYOUT UPON THE SIGNING OF CONTRACT, FOLLOWING PAYOUTS WILL BE CONDITIONED ON THE RECEIPT OF PAPER OR PAPER BEING PEER REVIEWED, FINAL PAYOUT WILL BE CONDITIONED ON THE RECEIPT OF FINAL PAPER, OR PAPER BEING PUBLISHED IN VARIANCE JOURNAL. X X X X X 0 0 0 VICTOR CARTER-BEY CHIEF EXECUTIVE OFFICER 469953 0 117000 0 0 0 124211 0 33536 0 744700 0 0 0 TODD ROGERS CHIEF FINANCIAL OFFICER 295120 0 31900 0 0 0 108394 0 33058 0 468472 0 0 0 J MICHAEL BOA CHIEF COMMUNICATIONS OFFICER 275763 0 25400 0 0 0 90324 0 20666 0 412153 0 0 0 KENDALL WILLIAMS STAFF ACTUARY 245791 0 20800 0 0 0 23985 0 33180 0 323756 0 0 0 JOHN KLEINE CHIEF GROWTH AND PRODUCT OFFICER 234956 0 21700 0 0 0 23130 0 33154 0 312940 0 0 0 JOYCE NEVEROV CHIEF BUSINESS OFFICER 237218 0 23400 0 0 0 23356 0 1706 0 285680 0 0 0 KATHLEEN DEAN DIRECTOR, MEETING SERVICES 173587 0 11100 0 0 0 47922 0 32747 0 265356 0 0 0 ALICIA BURKE ICAS DIRECTOR OF PORTFOLIO & PRODUCT 169365 0 14200 0 0 0 16142 0 11439 0 211146 0 0 0 CARRIE CROSS STRATEGY AND LEARNING PARTNER 151346 0 9500 0 0 0 14076 0 30765 0 205687 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD DELEGATED THE REVIEW OF THE 990 TO THE CAS AUDIT COMMITTEE. THE AUDIT COMMITTEE REPORTS TO THE CAS BOARD OF DIRECTORS, AND HAS AT LEAST 3 BOARD MEMBERS ON IT. THE BOARD DELEGATED THE FOLLOWING BOARD DUTIES TO THE EXECUTIVE COUNCIL: PRESCRIBE ADMISSION REQUIREMENTS, ADMIT NEW MEMBERS, AUTHORIZE THE CREATION AND DISCHARGE OF COMMITTEES, CALL MEETINGS OF THE CAS AND THE CAS INSTITUTE, ACT ON APPLICATIONS TO CREATE REGIONAL AFFILIATES, ACT ON APPLICATIONS TO CREATE SPECIAL INTEREST SECTIONS, AND APPROVE THE PRESIDENT'S POSITION DESCRIPTION. FORM 990, PART VI, SECTION A, LINE 4 MEMBERSHIP VOTED TO CONSOLIDATE AND MODERNIZE THE GOVERNING DOCUMENTS INTO A SINGLE DOCUMENT, THE BYLAWS. NO SIGNIFICANT SUBSTANTIVE CHANGES WERE MADE TO THE GOVERNING DOCUMENTS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS FELLOWS, ASSOCIATE AND AFFILIATE MEMBERS. FELLOWS ARE ELIGIBLE TO VOTE, HOLD OFFICE, MAKE NOMINATIONS, AND GENERALLY EXERCISE THE RIGHTS OF FULL MEMBERSHIP. ASSOCIATE MEMBERS OVER FIVE YEARS ARE ELIGIBLE TO VOTE IN ELECTIONS. ASSOCIATE MEMBERS ARE ENTITLED TO ATTEND MEETINGS AND PARTICIPATE IN SOCIETY FUNCTIONS. AFFILIATE MEMBERS SUPPORT THE MISSION AND ACTIVITIES OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A FELLOW MEMBERS CAN VOTE FOR PRESIDENT-ELECT AND DIRECTORS, AND ON BYLAWS CHANGES. ASSOCIATE MEMBERS THAT HAVE BEEN MEMBERS FOR OVER FIVE YEARS CAN VOTE FOR PRESIDENT-ELECT AND DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BYLAWS NEED TO BE APPROVED BY VOTE FROM FELLOW MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD DELEGATES THE REVIEW AND APPROVAL OF 990 FORMS TO AUDIT COMMITTEE. THE BOARD REVIEWS THE FORM AFTER IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE REQUIRED OF ALL BOARD MEMBERS, EXECUTIVE COUNCIL MEMBERS, AND KEY STAFF MEMBERS. STATEMENTS ARE UPDATED ANNUALLY. GENERALLY IF THERE IS A CONFLICT OF INTEREST, THAT PERSON WILL BE RECUSED FROM DECISION MAKING/VOTING. THE BOARD CHAIR MONITORS THE CONFLICT OF INTEREST POLICY FOR BOARD MEMBERS. IF A CONFLICT IS IDENTIFIED THAT BOARD MEMBER WILL RECUSE THEMSELVES FROM DISCUSSIONS AND VOTES. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS SET BY THE PRESIDENT, PRESIDENT-ELECT AND BOARD CHAIR. MERIT INCREASES AND BONUSES ARE PERFORMANCEBASED AND DIRECTLY TIED TO ACCOMPLISHING GOALS AGREED TO AT THE BEGINNING OF THE YEAR. CEO SALARY IS VALIDATED AGAINST SIMILAR TYPE ORGANIZATIONS/POSITIONS USING SALARY SURVEYS. OTHER COMPENSATION IS VALIDATED AGAINST SIMILAR TYPE ORGANIZATIONS/POSITIONS USING SALARY SURVEYS AND INDEPENDENT COMPENSATION/BENEFIT REVIEWS ARE CONDUCTED EVERY 5 YEARS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2021. HUMAN CAPITAL AND COMPENSATION COMMITTEE PROVIDES INPUT ON CEO AND C-SUITE COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE POSTED ON THE CASUALTY ACTUARIAL SOCIETY (CAS) WEBSITE. ANNUAL FINANCIALS ARE ALSO PUBLISHED IN CAS ANNUAL REPORT AND AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PENSION LIABILITY 107,873. CAS INSTITUTE 4350 NORTH FAIRFAX DRIVE SUITE 250 ARLINGTON VA 22203 132967185 PROVIDE PREMIER SPECIALTY CREDENTIALING & PROF EDU TO TECHNICAL SPECIALISTS. VA 0 0 CASUALTY ACTUARIAL SOCIETY CASUALTY ACTUARIAL SOCIETY TRUST 4350 N FAIRFAX DRIVE SUITE 250 ARLINGTON VA 22203 132967185 SEE PART VII VA 501(C)(3) LINE 12A, I CASUALTY ACTUARIAL SOCIETY 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 SCHEDULE R, PART II, COLUMN (B) CASUALTY ACTUARIAL SOCIETY TRUST'S PRIMARY ACTIVITY: PROVIDE FUNDS FOR SCHOLARSHIPS, RESEARCH GRANTS, AND MAINTAIN REFERENCE BOOKS AND OTHER MATERIALS PERTAINING TO ACTUARIAL SCIENCE.