Our impact

The IFoA Foundation has made a positive impact on many individuals since its launch in 2020. We have:

  • empowered more than 300 actuarial students with small grants to pursue their IFoA education
  • awarded 80 scholarships and bursaries to encourage talented students and alleviate financial struggles
  • offered free mentoring opportunities to nearly 100 recent graduates
  • presented over 100 prizes for excellence in actuarial science
  • inspired 20,000 school pupils with maths, financial education, and actuarial career insights
  • involved more than 50 actuaries as volunteers

“It is a pleasure to share stories from some of our beneficiaries, as well as feedback from projects and inspirational comments from partners and donors in our impact report.

Thank you to all our supporters; to my fellow trustees and volunteers who give their valuable time, energy, and expertise; the philanthropists whose passion for ‘paying it forward’ makes our work possible; and the partners who invest their resources in our shared purpose.”

– IFoA Foundation Chair Masimba Zata

IFoA Foundation 2023 Impact Report

IFoA Foundation 2023 Impact Report

PDF, 1.84 MB
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Impact stories

Find out how the IFoA Foundation is changing lives for the better with stories from our beneficiaries.

Peddina Sripriya: case study


Peddina Sripriya was studying for a Masters in Actuarial Science at CHRIST (Deemed to be University) Bengalaru, when she was awarded a scholarship to support her IFoA education in 2022. In this clip she describes its “life changing impact”.

She comments that as well as alleviating financial pressures, the opportunity to network with people around the world through the foundation’s mentoring programme was also beneficial. It was good to know there are people “who support our career, who are happy with our success”.

Ultimately, she says, “it motivated me to study harder and not give up on my dreams and helped me realise the importance of this profession and... the impact it could create among people.”

Peddina Sripriya is now working full-time for Swiss Re as an Actuarial Analyst and jumping at opportunities to help others and ‘give back’ for positive social impact.

Celebrating young maths in Scotland


Enterprising Maths in Scotland (EMiS) is a national challenge that sees more than 200 third- and fourth-year pupils from 52 Scottish schools come together to compete for the title of EMiS Champions.

Watch the video for a flavour of the high-energy, fiendish fun that these young mathematicians have over one day at Glasgow Science Centre, competing to be EMiS Champions!

The EMiS final is supported by the IFoA Foundation in partnership with the IFoA Scottish Board and the Scottish Mathematical Council.

Related resources

Donate to the IFoA Foundation

Explore all the ways you can donate and help us make an even greater positive impact.

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What we do

Learn more about our charitable activities: grants and other opportunities for aspiring actuaries.

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About the IFoA Foundation

Learn about the IFoA Foundation, its mission, objectives, trustees and team

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