SCHAUMBURG, Ill., July 23, 2019 /PRNewswire/ -- With immense
gratitude, The Actuarial Foundation announces its largest, single
personal gift in the organization's 25-year history. Robert Deutsch, FCAS, ASA, MAAA, informed the
Foundation of his planned gift of $1
million. This transformational gift will allow The Actuarial
Foundation to continue its tradition of providing lifelong math
education and financial literacy through its programs and
scholarships. Serving as the U.S. philanthropic organization for
the actuarial profession, the Foundation provides free math
resources and national competitions for middle and high school
students, scholarships for students interested in studying
actuarial science, and a volunteer-driven tutoring program poised
to close the math achievement gap.
Deutsch, who has steadfastly supported the Foundation for
decades, including major gifts in 2016 and 2019, served on the
Foundation's Board of Trustees from 2010 through 2015. As a
Trustee, he led the Audit Committee and served on the Investment
Committee. Currently, he serves as an Emeritus Trustee. What first
attracted him to the Foundation was the impact it was making with
the math materials it developed and distributed to young
students. As Deutsch says, "The Actuarial Foundation has an
opportunity to influence hundreds of thousands of lives by
strengthening students' math skills. In turn, these students will
help drive innovation in America and help us better compete
globally. Math is a foundational building block for so many fields
beyond just math itself, such as healthcare, physics, engineering,
urban planning and the list goes on."
Celebrating 25 years of enhancing math education and financial
literacy through the talents and resources of actuaries, The
Actuarial Foundation is committed to expanding its outreach. The
past three years have been especially revolutionary for the
Foundation, with a new branding initiative and website, dramatic
increases in the number of students served through its tutoring and
math competitions, and a revamped financial literacy program.
Deutsch's gift will ensure that this growth continues. As
Jason Leppin, executive director of
the Foundation said, "We are beyond grateful for this amazing gift
from Bob Deutsch. His generosity and
commitment will ensure that The Actuarial Foundation's legacy of
free math education will continue for decades to come."
About The Actuarial Foundation
The Actuarial
Foundation, a 501(c)(3) organization, is the philanthropic
institution for the industry in the United States. The mission of
the Foundation is to enhance math education and financial literacy
through the talents and resources of actuaries. The Foundation's
vision is an educated public in pursuit of a secure financial
future. For more information, please visit
www.actuarialfoundation.org
Contact: Holly
Monahan
The Actuarial Foundation
(847)
706-3659
Holly.Monahan@actfnd.org
View original content to download
multimedia:http://www.prnewswire.com/news-releases/the-actuarial-foundation-announces-its-largest-single-personal-gift-300888973.html
SOURCE The Actuarial Foundation