EIN 20-0863779

FINRA Investor Education Foundation

IRS 501(c) type
501(c)(4)
Num. employees
0
Year formed
2004
Most recent tax filings
2023-12-01
Description
The FINRA Investor Education Foundation empowers underserved Americans by providing them with the knowledge, skills, and tools needed to make sound financial decisions throughout their lives. The foundation communicates research findings and innovations through various channels such as online, social media, print, and in-person distribution to advance financial inclusion and capability of underserved groups while providing decision-makers with empirical data.
Related structure
FINRA Investor Education Foundation is a subordinate organization under Financial Industry Regulatory Authority (FINRA).
Total revenues
$9,397,096
2023
Total expenses
$5,045,365
2023
Total assets
$79,051,155
2023
Num. employees
0
2023

Program areas at FINRA Investor Education Foundation

Communicate research findings and innovations. The Foundation leverages online, social media, print, and in-person distribution channels to advance the financial inclusion and capability of underserved groups and to provide decision-makers with an empirical understanding of financial inclusion/exclusion in the u.s. The Foundation publishes nfcs data sets, methodological documents, and findings in user-friendly formats, participates in and directs research and other professional forums, and promotes the work of both seasoned leaders and young researchers active in the field of financial capability. In furtherance of this goal, the Foundation maintains alliances with federal agencies, state government, and leading nonprofit organizations active in the field of financial capability.

Grants made by FINRA Investor Education Foundation

GranteeGrant descriptionAmount
Nova Southeastern University (NSU)To Enable Alvin Sherman Library at Nova Southeastern University To Educate and Counsel Broward County Veterans on Financial Literacy, Sustainable Homeownership, and Foreclosure and Homelessness Prevention.$25,000
Clayton Collaborative AuthorityTo Enable the Clayton County Library System To Integrate Activity-Based Financial Education Experiences Into Entrepreneurship and Workforce Development Efforts, Especially Those Related To the Region's Film Industry.$25,000
Farmington Public Library FoundationTo Collaborate With A Coalition of Public- and Private-Sector Partners To Deliver Multigenerational Financial Capability Experiences and Services Informed By An Interactive Polling Process To Ensure Alignment With Community Priorities.$25,000
...and 7 more grants made

Who funds FINRA Investor Education Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Financial Industry Regulatory Authority (FINRA)General Support$6,980,741

Personnel at FINRA Investor Education Foundation

NameTitleCompensation
Robert W CookChairman and Chief Executive Officer$0
Geraldine M. WalshPresident$0

Financials for FINRA Investor Education Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$6,980,741
Program services$0
Investment income and dividends$1,792,618
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$623,737
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$9,397,096

Form 990s for FINRA Investor Education Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s
Data update history
January 21, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 5, 2025
Received grants
Identified 1 new grant, including a grant for $6,980,741 from Financial Industry Regulatory Authority (FINRA)
November 2, 2024
Updated personnel
Identified 5 new personnel
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsSchoolsChapter / child organizations
Issues
EducationCommunity improvement
Characteristics
Funds one specific organizationPartially liquidatedOperates internationallyEndowed supportNo full-time employees
General information
Address
9509 Key W Ave
Rockville, MD 20850
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
finrafoundation.org/ 
Phone
(202) 728-8949
IRS details
EIN
20-0863779
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Subordinate organization
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