EIN 13-6006960

Foundation for Economic Education

IRS 501(c) type
501(c)(3)
Num. employees
48
State
Year formed
1946
Most recent tax filings
2024-03-01
Description
The organization's mission is to offer the most consistent case for the "first principles" of freedoms: the sanctity of private property, individual liberty, the rule of law, the free market and the moral superiority of individual choice and responsibility over coercion. The organization's mission is to educate students about the personal and social value of free-market economics, entrepreneurship, individual freedoms, self-responsibility, and high moral character in a free society. To promote and educate in the principles of sound economics.
Total revenues
$8,193,047
2024
Total expenses
$7,805,668
2024
Total assets
$16,156,268
2024
Num. employees
48
2024

Program areas at Foundation for Economic Education

Seminars and Lectures - Promoting entrepreneurship, self-responsibility, and a general understanding of economics and sound public policy.
Website Outreach - Promoting the study of free-market economics and the philosophy of self-responsibility.
Books and Publications - The dissemination of the results of research and study in the field of economics and the related branches of the social sciences.

Who funds Foundation for Economic Education

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$652,500
Donors TrustFor General Operations$440,740
The Robert D and Patricia E Kern Family FoundationProgram Support$362,500
...and 73 more grants received totalling $4,102,348

Personnel at Foundation for Economic Education

NameTitleCompensation
Wayne OlsonBoard$0
Zilvinas SilenasPresident$212,406
Marianna DavidovichDirector of External Relations$101,997
Sean MaloneCreative Director / Director of Media$113,578
Daniel SanchezDirector of Content$115,644
...and 12 more key personnel

Financials for Foundation for Economic Education

RevenuesFYE 03/2024
Total grants, contributions, etc.$7,055,995
Program services$103,577
Investment income and dividends$203,423
Tax-exempt bond proceeds$0
Royalty revenue$36,311
Net rental income$0
Net gain from sale of non-inventory assets$28,201
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$765,540
Total revenues$8,193,047

Form 990s for Foundation for Economic Education

Fiscal year endingDate received by IRSFormPDF link
2023-032024-01-26990View PDF
2022-032023-02-15990View PDF
2021-032021-09-29990View PDF
2020-032020-12-01990View PDF
2019-032019-10-11990View PDF
...and 9 more Form 990s
Data update history
August 25, 2024
Received grants
Identified 23 new grant, including a grant for $300,000 from Richard Seth Staley Educational Foundation A Nevada Nonprofit Corporation
June 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 22, 2024
Updated personnel
Identified 4 new personnel
May 19, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 25 new grant, including a grant for $440,740 from Donors Trust
Nonprofit Types
Social advocacy organizationsResearch centersHeadquarter / parent organizationsCharities
Issues
Social sciences
Characteristics
Political advocacyConducts researchOperates internationallyNational levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
1776 Peachtree St NW Ste 710s
Atlanta, GA 30309
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
County
Fulton County, GA
Website URL
fee.org/ 
Phone
(404) 554-9980
IRS details
EIN
13-6006960
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1946
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
V20: Social Science Research Institutes, Services
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Revoked
AG Registration Number
CT0204888
FTB Entity ID
2278973
AB 488 data last updated ("as-of") date
2024-10-16
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