The Actuarial Foundation

Cause Area

  • Children & Youth
  • Community
  • Education & Literacy

Location

1515 East Woodfield Road, Suite 625,Suite 625Schaumburg, IL 60173 United States

Organization Information

Mission Statement

The Actuarial Foundation's mission is to enhance math education and financial literacy through the talents and resources of actuaries. Our vision is an educated public in pursuit of a secure financial future.

Description

The Actuarial Foundation is the only philanthropic organization for the actuarial profession. For 30 years, we’ve used the talents and resources of actuaries to empower American schoolchildren with math education and financial literacy.

The Actuarial Foundation has two free tutoring programs: Math Motivators is a volunteer-driven math tutoring program that offers free virtual and in-person math tutoring to underserved students in grades 3-12 who need and want tutoring but otherwise cannot afford it. Math Motivators primarily focuses on Algebra 1 and pre-Algebra, but can support any math subject, including AP Calculus. We also offer a free prep program for the math section of the SAT and ACT.

The Money Mentors tutoring program empowers young people to make conscious choices about their resources, time, and energy. We focus on the basics of thinking about money coming in and money going out, and we avoid getting bogged down in details that aren’t relevant or practical. We strive for growth and discovery.

During the 2021-2022 school year, 543 tutors volunteered 11,187 hours of their time to help students succeed.

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