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 Hardest Math Problem Contest is an annual competition presented by The Actuarial Foundation that challenges students in grades 6-8 to solve multistep, grade-appropriate math problems with real-world situations and engaging characters.
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 Hardest Math Problem Contest. Find out more about the Institute of Competition Sciences and how to get involved with challenge based learning at their site.
Inspired by New York Life’s tradition of service and humanity, the New York Life Foundation has, since its founding in 1979, provided over $415 million in charitable contributions to national and local nonprofit organizations. The Foundation supports programs that benefit young people, particularly in the areas of educational enhancement, childhood bereavement and social justice. The Foundation also encourages and facilitates the community involvement of employees and agents of New York Life through its Volunteers for Good program and Grief-Sensitive Schools Initiative. To learn more, please visit www.newyorklifefoundation.org.