EIN 20-0863779

FINRA Investor Education Foundation

IRS 501(c) type
501(c)(4)
Num. employees
0
Year formed
2004
Most recent tax filings
2022-12-01
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
$9,847,894
2022
Total expenses
$4,246,470
2022
Total assets
$68,490,035
2022
Num. employees
0
2022

Program areas at FINRA Investor Education Foundation

FOSTER SUSTAINABLE, INCLUSIVE FINANCIAL CAPABILITY IN COMMUNITIES OF NEED, AT THE WORKPLACE, AND IN THE MILITARY - See Schedule O
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, municipalities, and leading nonprofit organizations active in the field of financial capability.

Grants made by FINRA Investor Education Foundation

GranteeGrant descriptionAmount
Stanford UniversityTo Study Household Financial Resilience in the United States From the Great Recession To the Onset of the Covid-19 Pandemic (2008 To 2020) and To Examine Factors Affecting Financial Stability, Especially Among Financially Vulnerable Groups.$57,143
Clayton Collaborative AuthorityTo Enable the Clayton County Library System To Leverage Interest in the Region's Well-Established Film Industry To Engage Youth, Adults, and Entrepreneurs in A Variety of Activity-Based Financial Education Experiences, Thereby Integrating Financial Education and Workforce Development.$25,000
Orange County Library Board of TrusteesTo Collaborate With the University of Central Florida To Help English Language Learners Acquire Essential Personal Finance Skills and Knowledge Through Instruction That Engages Participants in A Variety of Listening, Speaking, Writing, and Practice Exercises That Make Unfamiliar Financial Concepts As Concrete As Possible.$24,965
...and 14 more grants made

Who funds FINRA Investor Education Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Financial Industry Regulatory Authority (FINRA)General Support$5,860,131

Personnel at FINRA Investor Education Foundation

NameTitleCompensation
Robert W CookChairman and Chief Executive Officer$0
Robert A RennerSenior Vice President
Jennifer P MitchellCorporate Secretary / Secretary - Part Yr$0
Geraldine M WalshPresident$0
Eileen M FamigliettiTreasurer$0
...and 1 more key personnel

Financials for FINRA Investor Education Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$5,860,131
Program services$0
Investment income and dividends$974,509
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,013,254
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$9,847,894

Form 990s for FINRA Investor Education Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
2018-122020-01-23990View PDF
...and 9 more Form 990s
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 1 new personnel
January 12, 2024
Updated personnel
Identified 1 new personnel
December 29, 2023
Used new vendors
Identified 3 new vendors, including , , and
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $5,860,131 from Finra Regulation (FINRA)
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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