The Actuarial Foundation

Changing Lives Through Math Education!
There is a critical need for improved math education and financial literacy in the United States. Only 36 percent of
American fourth graders and 34 percent of eighth graders are proficient in math. This lack of proficiency produces adults
who cannot plan for their financial futures. Currently only 50 percent of American households have at least three months'
expenses in reserve, while 27 percent have no established savings, and more than one-third of baby boomers plan to rely
on Social Security as their primary source of retirement income. Americans need improved math and financial
literacy education.
The Actuarial Foundation strives to meet this need. Through the generous contributions of donors and volunteers,
the Foundation provides free math education and financial literacy resources to students, teachers and consumers to
enhance lives and create secure financial futures. Applying the prudent management and unique skills of actuaries,
the Foundation's innovative resources address the classroom need for engaging, real-world math lessons as well as
the desire for understandable and accessible financial information for the public. The Actuarial Foundation equips
the public with the tools to make informed decisions and cultivates the next generation of math-skilled thinkers.

Improve Results of Foundation Programs
Implementation of program evaluation process
Finalize risk management policy
Launch chair-person think tank
Implement fundraising plan that engages the Board and the profession
Increase the scale of TAF to provide greater resources to our programs and services
Take Project Math Minds competition national
Strengthen awareness of The Actuarial Foundation
Launch TAF brand and marketing campaign
Evaluate and seek strategic alliances to support the mission of The Actuarial Foundation
Expand TAF partnership with Scholastic

Promote the Profession: TAF advances the actuarial profession through recruitment and education.
Industry Connection: TAF is well connected with actuarial groups and individuals across the United
States.
Philanthropy of the Profession: TAF receives support from actuaries and organizations across the U.S. to
fulfill its mission to enhance math education and financial literacy.
Math-Focused Volunteer Opportunities: TAF provides experiential, math-focused volunteer
opportunities.
Ten Year Partnership with Scholastic: TAF has a 10 year partnership with Scholastic to produce middle
school math education materials and games for students.
Free Materials Developed with Actuaries: TAF provides quality materials developed with actuaries, free
of charge.
Scholarships and Mentors for Actuarial Students: TAF has direct access to actuary volunteers willing
to share their experience with students and scholarship recipients.

Key 2016 Accomplishments:
1. Secured three new $100,000 major donations
2. Implemented and completed program evaluation process to monitor the effectiveness of existing programs and services
3. Launched process to refresh our brand and public image
4. Launched Chairperson's Think Tank to help TAF discover it's next "big" idea
5. Developing new national math competition (Project Math Minds) to attract high school students to the actuarial profession
6. Expanded partnership with Scholastic publishing to include more middle school math education programs and new on-line gaming platform to teach math to 6-8 graders
7. Launched our new donor loyalty society