Casualty Actuarial Society Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 132967185 ✦ Arlington, VA ✦ Designated as a 501(c)(3)

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Overview

What is Casualty Actuarial Society Trust?

The Casualty Actuarial Society Trust is a nonprofit organization that plays a significant role in the property/casualty profession. It manages the library function of the society and encourages contributions for tax deductions, which are utilized for academic purposes. This organization is committed to fostering the interest of students in the field, and annually awards scholarships ranging from $5,000 to $10,000 to deserving candidates. These scholarships aim to support and inspire the next generation of professionals in the property/casualty sector.


Official website here: www.casact.org/about/cas-trust

Is Casualty Actuarial Society Trust legitimate?

Casualty Actuarial Society Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casualty Actuarial Society Trust submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.casact.org/about/cas-trust

What is the mission statement of Casualty Actuarial Society Trust?

The Casualty Actuarial Society Trust serves a specific purpose by managing the library function of its associated society. It offers income tax deductions to members and others for donations earmarked for scientific, literary, or educational purposes. Furthermore, the trust annually awards scholarships to deserving students, ranging from $5,000 to $10,000, to foster their interest in the property/casualty profession. The goal of these scholarships is to encourage and support the next generation of professionals in this field.


Official website here: www.casact.org/about/cas-trust

Who is the CEO of Casualty Actuarial Society Trust?

Victor Carter-Bey is the Chief Executive Officer of Casualty Actuarial Society Trust. The CEO's salary of Casualty Actuarial Society Trust is $0 and their total compensation is $0.


Official website here: www.casact.org/about/cas-trust

What is the revenue of Casualty Actuarial Society Trust?

Casualty Actuarial Society Trust's revenue in 2022 was $56,885.


Official website here: www.casact.org/about/cas-trust

Who are the executives of Casualty Actuarial Society Trust and what are their salaries?


Here are 3 key members and their salaries (Casualty Actuarial Society Trust's CEO's salary is $0 and their total compensation is $0):


Mary Hosford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Juknelis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Carter-Bey (Chief Executive Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.casact.org/about/cas-trust

Where can I find the form 990EZ for Casualty Actuarial Society Trust?

Casualty Actuarial Society Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.casact.org/about/cas-trust

Learn more at the official website: www.casact.org/about/cas-trust

Mission Statement of Casualty Actuarial Society Trust

The Casualty Actuarial Society Trust serves a vital role in managing the library function for the Casualty Actuarial Society. Beyond this, the trust offers a unique opportunity for individuals to claim an income tax deduction by contributing funds, which are then utilized for educational, literary, or scientific purposes. This organization also demonstrates its commitment to nurturing talent in the property/casualty profession by awarding scholarships annually. The value of these scholarships ranges from $5,000 to $10,000, and they are bestowed upon deserving students who show a strong interest in this particular field. By providing such scholarships, the Casualty Actuarial Society Trust aims to encourage and support the next generation of professionals in the property/casualty sector.

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Impact




October, 2024

The Casualty Actuarial Society Trust plays a vital role in supporting the actuarial profession by managing a comprehensive library function that serves as a valuable resource for its members and the broader community. This initiative fosters a culture of knowledge sharing and continuous learning within the field.

Additionally, the Trust enhances the educational landscape by offering up to three scholarships each year, ranging from $5,000 to $10,000, to deserving students. This financial support not only alleviates some of the burdens of educational expenses but also encourages the next generation to pursue careers in the property and casualty sector. By facilitating access to resources and providing financial assistance, the Casualty Actuarial Society Trust significantly contributes to the development of future professionals in the industry, thereby enriching the profession as a whole.




This information is meant to be a general summary of Casualty Actuarial Society Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$56,885 (2022)
Expenses
$40,000 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $56,885

Assets and Liabilities:

  • Total Assets: $275,997
  • Total Liabilities: $0
  • Net Assets: $275,997

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Organization Details

Principal Officer

Victor Carter-Bey

Main Address

4350 NORTH FAIRFAX DRIVE 250, ARLINGTON, VA, 22203

NTEE Category

Code: Y20 - Mutual benefit

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