The IFoA Foundation would like to wish all our supporters, partners and beneficiaries a happy new year, and to express our thanks for helping us towards some exciting achievements in 2021. Through programme activities, such as our education grants for students, university scholarship funds, and partnership grants with grassroots organisations, we were able to make a positive impact in the UK and across the globe.
We were delighted to launch a new partnership in support of the Count On Us Primary Maths Challenge project. This maths-based competition, held in collaboration with the Mayor’s Fund for London, will run in primary schools across the capital, focusing on disadvantaged areas. It allows the Foundation to achieve grassroots impact and visibility in primary schools in the hope of inspiring more young people towards an actuarial career.
Louise Richmond, director for development for the Mayor’s Fund for London, said: “The IFoA Foundation’s contribution to the programme couldn’t have come at a better time, helping to not only challenge, motivate and inspire more young people but making sure they develop their confidence as mathematicians as well. Thank you again so much for your support.”
In the coming months, the Foundation is endeavouring to reach even more schools and colleges across the UK with additional partnerships.
Further afield, we supported actuarial students such as Rymon Takudzwa Gurure (inset) from Zimbabwe who, due to financial difficulties, requested support with his IFoA membership and examination fees. “I am incredibly grateful for being one of the beneficiaries of the IFoA Foundation in 2021. The grant gave me a unique opportunity, which saw me writing and passing my first actuarial exam in the journey to becoming an actuary.
I hope and wish that the Foundation will continue giving students from poor backgrounds an opportunity to pursue and fulfil their actuarial dreams.”
Having successfully passed the CB2 examination, for which the Foundation provided funding, Rymon has become a passionate advocate for the Foundation, spreading the word about the support we offer to other students in need. By encouraging students such as Rymon to apply to the Foundation, we can open up the profession to promising young actuaries from all backgrounds.
Whether you are interested in empowering young actuaries from diverse backgrounds across the globe or in encouraging more UK schoolchildren to become actuaries, the Foundation has a range of grant programmes that achieve positive impacts in various regions. Thanks to the financial support of our community we can continue to deliver this impact in 2022, with several new projects and initiatives launching.
If you would like to find out more about our work and how you can get involved, visit bit.ly/IFoA_Foundation or contact the Foundation co-ordinator via [email protected]. Thank you, and we hope you have a great start to 2022!