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 is the cornerstone educational program of the Foundation. Built upon two years of pilot programs, the MTF Challenge is becoming one of the premier academic competitions for high school students. In 2016, the Foundation engaged the Institute of Competition Sciences – a leading academic challenge design firm – to help make this vision a reality and ensure that the MTF Challenge has a lasting impact on students across the nation.

The Actuarial Foundation cannot achieve its vision without the support of its generous sponsors and donors. Please join us in advancing the Modeling the Future Challenge and put your company at the forefront of mathematics education. Email us at to learn more about how to volunteer, sponsor, or donate to support The Actuarial Foundation and its programs.

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 developed and operated high-profile prizes with 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 a world-leading 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.


The Modeling the Future Challenge is supported by three volunteer actuary committees: The Challenge Development Committee, the Mentorship Committee, and the Judging Committee. The Challenge Development Committee is responsible for reviewing and refining the Challenge Statement and scoring rubrics for each annual competition. The Mentorship Committee reviews the mentor process for semi-finalist teams and serves as student mentors. The Judging Committee reviews the judging process and conducts online and in-person evaluations of team submissions. If you are an actuary, or in a related profession, and would like to learn more about becoming a member of one of these committees, please contact:

Challenge Development Committee

Joth Tupper, TSA

Nicola Barrett

Melissa Hollis, FSA

Melissa is an Actuary at Principal in Des Moines, Iowa. She works on the Business Analytics team within the Specialty Benefits Division which includes group dental, vision, life, disability and critical illness insurance, and individual disability insurance. Melissa is a graduate of Bryant University and Concord Law School and is a member of California Bar Association.

Susan Watson

Susan is a Professor in Actuarial Science at Drake University and directs Drake’s School of Actuarial Science and Risk Management. Susan holds degrees from Drake, Texas A&M, and Bethel Universities and is a Fellow of the Society of Actuaries. She participates on several boards in the community and is an active member of numerous professional and civic organizations.

Lauren Ugulini

Sam Wehner

Paul Heffernan

Brian Donlan

Tom Zavist

Rebecca Owen


Jason Abril, FCAS, MAAA, CERA, Willis Towers Watson

Marc Altschull, CFA, FSA, Voya Investment Management

Rebecca Armon, FCAS, Tokio Marine HCC

Peter Bernstein, Horizon Actuarial

Tony Manzitto, FCAS

Jordan Gerry,
New York Life

Dennis Dionne, ACAS, Farmers Insurance

Peter Bernstein,
Horizon Actuarial

Tony Pistilli,

Nate Worrell, FSA,
Moody's Analytics

Olivia Zhang, FCAS

Jim Heidt, FCAS, MAAA, Nationwide

Joth Tupper,
Zurich Insurance Group

Paul Heffernan, Prudential

Susan Watson,
Drake University

Thomas Wakefield, Youngstown State University

Herschel Day,
UW-Eau Claire

Jeff Johnson, FSA, John Hancock

Mike Ziniti, FCAS

Rebecca Owen, HCA Solutions


The Modeling the Future Challenge collaborates with universities across the United States to help high school students take the next steps in their mathematical careers. University Partners help high school educators learn about actuarial science and the Modeling the Future Challenge. Check out the university level actuarial programs at the links below.


The Actuarial Foundation works with corporate sponsors and individual donors to provide critical resources to support the Modeling the Future Challenge. To learn more about the various sponsorship opportunities, please contact:

Founding Sponsor

Roy & Georgia Goldman

Event Sponsor

Rick & Beth Jones