Spencer is the premier organization awarding scholarships and grants in risk management and insurance, and facilitating internship opportunities, as well as providing a Risk-Manager-in-Residence program to universities. Since our founding, we have awarded 970 scholarships totaling approximately $6.3 million, and $3.25 million in grants to universities and professional institutions for educational programs and conferences.

Affiliated with the Risk and Insurance Management Society, known as RIMS, our Foundation was named in honor of the late Robert S. Spencer, an innovative leader and past president of RIMS, and an outspoken advocate for risk management education. With support from individuals, corporations, RIMS chapters, and fundraising events, the Foundation is able to provide:

  • Scholarships
  • Grants supporting student and professional education initiatives
  • Grants for summer internships
  • Funding for risk management/insurance related curricula at universities
  • Grants supporting student and professional education initiatives


Funding the education of tomorrow’s risk management and insurance leaders.