The Actuarial Foundation is a 501(c)(3) organization committed to changing lives through math education. Established in 1994, 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.
The Modeling the Future Challenge, a program of The Actuarial Foundation, is a real-world competition for high school students combining math-modeling, data-analysis, and risk-management into one exciting competition! To compete, students conduct their own research project modeling real-world data to analyze risks and make recommendations to companies, industry groups, governments, or organizations.
In 2016, The Actuarial Foundation began working with the Institute of Competition Sciences (ICS) to design and manage the Modeling the Future Challenge. ICS is a world leader in challenge-based-learning. The firm has led National Science Foundation awarded projects, worked with the White House Office of Science and Technology Policy to roadmap the future of science & technology fields, and operated high-profile prizes of over $8,000,000 in awards with NASA, the Lemelson Foundation, the Methuselah Foundation, the SETI Institute, and many others. The Institute of Competition Sciences has been defining best-practices in challenge based learning since 2012 and maintains an expertise in using competitions to revolutionize how we approach learning. ICS is using academic competitions to turn education into an exciting challenge for all students, and is bringing its expertise to the Modeling the Future Challenge. Find out more about the Institute of Competition Sciences and how to get involved with challenge based learning at their site.