Actus Financial Research Foundation
Grantmaking foundation in Rockville, Maryland · EIN 81-2651977
- Total giving
- $500Tax year 2022
- Grants made
- 1Tax year 2022
- Total assets
- $290KLatest reported
- Latest IRS filing
- 2025Form 990 / 990-PF
Mission
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.
Giving by year
Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.
Top recipients
| Recipient | Amount | Tax year |
|---|---|---|
| Christopher Auth | $500 | 2022 |
Amounts are rounded. The full grantee list (1 grants in 2022) is available with a free account.
Website: www.actusfrf.org
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Source: IRS Form 990 and 990-PF filings, tax year 2022. Also see this organization on ProPublica Nonprofit Explorer.