EIN 81-2651977

ACTUS Financial Research Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
Description
ACTUS Financial Research Foundation promotes a standard algorithmic financial contract model and aims to improve financial literacy and transparency.
Total revenues
$56,100
2023
Total expenses
$64,228
2023
Total assets
$275,466
2023
Num. employees
0
2023

Program areas at ACTUS Financial Research Foundation

Project "Actus" (which stands for algorithmic contract types unified standards) began as an effort by a group of academics, finance experts, and former regulators to directly address the disarray in Financial data revealed by the 2008 Financial crisis. The primary purpose of Actus Financial Research Foundation is to conduct scientific Research relating to the creation of a data standard for Financial contracts that would provide better regulatory and risk management information to avert problems such as the 2008 Financial crisis. The Foundation works to create a data standard and software/computer algorithms for the purpose of enabling financials institutions, scholars, researchers, regulatory and other governmental bodies to model the operation of Financial firms and systems using granular transaction and position data. The Actus data standard and associated algorithms are being made available as open-source, royalty-free software via github to all legally qualified users.
Contract revenue for software and computer algorithm development

Personnel at ACTUS Financial Research Foundation

NameTitleCompensation
Allan MendelowitzPresident$0
Jefferson BraswellChairman$0

Financials for ACTUS Financial Research Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$55,000
Investment income and dividends$1,100
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$56,100

Form 990s for ACTUS Financial Research Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990PFView PDF
2022-122023-05-12990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-12-22990PFView PDF
2019-122021-06-03990PFView PDF
...and 4 more Form 990s
Data update history
July 21, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 13, 2023
Posted financials
Added Form 990PF for fiscal year 2020
July 3, 2023
Updated personnel
Identified 5 new personnel
June 3, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Private foundationsPrivate operating foundationsCharities
Issues
Science and technology
Characteristics
Conducts researchPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1507 Blue Meadow Rd
Rockville, MD 20854
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
actusfrf.org/ 
Phone
(973) 714-6150
IRS details
EIN
81-2651977
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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