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Foundations / Illinois

Risk Management Association Foundation

Preselected recipients only Chicago, Illinois · EIN 473078149

Risk Management Association Foundation is a private foundation in Chicago, Illinois. In tax year 2024 it gave $236,500 in 72 grants; the typical grant was $1,500 and the largest $50,000. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2022$151,000113$6.6 million
2023$95,00076$7.3 million
2024$236,50072$6.8 million

How to apply

Risk Management Association Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

Foundation website IRS filings on ProPublica

What Risk Management Association Foundation funds

Where it gives

Its grants went to recipients in 19 states, the most to Texas.

StateGrantsAmount
Texas31$97,500
Oklahoma4$48,500
Rhode Island2$21,000
North Carolina1$18,000
Utah9$16,000
Wisconsin5$6,500
North Dakota4$6,000
Colorado1$5,000
Arkansas2$3,000
California2$2,500

Grants paid in 2024

The 40 largest of 72 grants
RecipientPurposeAmount
Prairie View A&m University
Prairie View, TX
Pv-rma fellows: cross-border banking, fraud$50,000
University of Tulsa
Tulsa, OK
Comprehensive study of the current & future stablecoin ecosystem$41,000
Bryant University
Smithfield, RI
Non-linear three-country multi-factor stochastic term structure models$20,000
Livingstone College
Salisbury, NC
Creating a research-ready campus: institutional capacity-building at livingstone college$18,000
Msu Denver
Denver, CO
Comparison of bank performance ratios group by primary regulator$5,000
Individual
TX
Scholarships$5,000
Individual
UT
Scholarships$3,500
Individual
TX
Scholarships$3,500
Individual
TX
Scholarships$3,500
Individual
OK
Scholarships$3,500
Individual
TX
Scholarships$2,500
Individual
OK
Scholarships$2,500
Individual
UT
Scholarships$2,000
Individual
UT
Scholarships$2,000
Individual
TX
Scholarships$2,000
Individual
ND
Scholarships$2,000
Individual
UT
Scholarships$2,000
Individual
UT
Scholarships$2,000
Individual
TX
Scholarships$1,500
Individual
TX
Scholarships$1,500
Individual
KY
Scholarships$1,500
Individual
UT
Scholarships$1,500
Individual
TX
Scholarships$1,500
Individual
ND
Scholarships$1,500
Individual
AR
Scholarships$1,500
Individual
WI
Scholarships$1,500
Individual
NV
Scholarships$1,500
Individual
TX
Scholarships$1,500
Individual
TX
Scholarships$1,500
Individual
TX
Scholarships$1,500
Individual
ND
Scholarships$1,500
Individual
TX
Scholarships$1,500
Individual
OK
Scholarships$1,500
Individual
WI
Scholarships$1,500
Individual
TX
Scholarships$1,500
Individual
TX
Scholarships$1,500
Individual
WI
Scholarships$1,500
Individual
AR
Scholarships$1,500
Individual
CA
Scholarships$1,500
Individual
TX
Scholarships$1,500

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Risk Management Association Foundation accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Risk Management Association Foundation give?

$236,500 in tax year 2024, across 72 grants, with a typical grant of $1,500.

Who runs Risk Management Association Foundation?

Its 2024 filing lists Deborah L Bianucci (President and Ceo), Todd M Barnhart (Chairman of the Board), Seth M Waller (Vice Chairman) and Jodi L Richard (Immediate Past Chairman) among 15 officers and trustees.

What does Risk Management Association Foundation fund?

Based on its grants, mainly education.

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