EIN 52-1087193

SIFMA Foundation for Investor Education

IRS 501(c) type
501(c)(3)
Num. employees
14
Year formed
1976
Most recent tax filings
2023-10-01
NTEE code, primary
Description
SIFMA Foundation for Investor Education fosters knowledge and understanding of financial markets for individuals of all backgrounds. It relies on the support and expertise of the financial industry to provide virtual or hybrid events that address the impact of the Covid-19 outbreak on economic activity around the world.
Also known as...
Fie) Inc
Total revenues
$5,227,293
2023
Total expenses
$5,350,848
2023
Total assets
$10,295,181
2023
Num. employees
14
2023

Program areas at SIFMA Foundation for Investor Education

See schedule othe stock market game (tm)the Sifma Foundation's flagship initiative, the stock market game (tm), is a curriculum based financial Education program that virtually simulates global capital markets to engage youth in the world of economics, investing and personal finance, and prepares them for financially independent futures. More than 600,000 youth take part every year across all 50 states. The stock market game has reached more than 23 million since its inception in 1977.investwrite (r)the Sifma Foundation's investwrite (r) national essay competition extends what youth learn in the stock market game by challenging them to consider a long-term investment scenario and propose analyst-style portfolio recommendations. Participants use research, critical thinking, and writing skills to address real world financial issues and current events. A new theme and question are posed each semester. Since the program began in 2004, more than 260,000 essays have been written in classrooms across the country and almost 50,000 financial professionals have volunteered to serve as judges in the writing competition.capitol hill challenge (tm)the Sifma Foundation's annual capitol hill challenge (tm) (chc), presented by the charles schwab Foundation, is a national financial Education competition for underserved junior high and high schools that reaches all 50 us states and their members of congress in every us congressional district. Chc enhances participants' financial and civics Education through matching members of congress with students, teachers, and schools competing in the stock market game (tm) in their respective district or state. Student teams manage a hypothetical $100,000 online portfolio and invest in real stocks, bonds, and mutual funds. Since its inception in 2004, chc has made almost 7,500 matches of u.s. Representatives and senators with schools, encompassing more than 170,000 students across the country.invest it forward (r)invest it forward (r) is an award-winning industry-wide financial Education and capital markets literacy campaign convening hundreds of financial firms to foster career exploration and industry partnerships for youth and educators. Volunteers from the private sector partner with schools to expose youth to new career pathways and deepen their understanding of the financial sector and opportunities. Invest it forward is designed to help young people understand how to harness the capital markets for their own benefit and open up new opportunities for their futures.

Grants made by SIFMA Foundation for Investor Education

GranteeGrant descriptionAmount
Jumpstart Coalition for Personal Financial LiteracyFinancial Education$15,500

Who funds SIFMA Foundation for Investor Education

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Broadridge FoundationFostering Knowledge in Financial Markets To Individuals$120,000
American Online Giving FoundationGeneral Support$52,611
Finra Regulation (FINRA)General Support$50,000
...and 11 more grants received

Personnel at SIFMA Foundation for Investor Education

NameTitleCompensation
Michelle NoguchiVice President$179,806
Nancy KahnAssistant Vice President$162,497
Pareen KohlhaasVice President$146,806
Elizabeth ReidelManaging Director / Vice President$198,658
Melanie MortimerPresident$396,396
...and 6 more key personnel

Financials for SIFMA Foundation for Investor Education

RevenuesFYE 10/2023
Total grants, contributions, etc.$4,609,074
Program services$364,345
Investment income and dividends$253,874
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,227,293

Form 990s for SIFMA Foundation for Investor Education

Fiscal year endingDate received by IRSFormPDF link
2023-102024-09-11990View PDF
2022-102023-09-14990View PDF
2021-102022-09-13990View PDF
2020-102021-09-14990View PDF
2019-102020-12-30990View PDF
...and 9 more Form 990s
Data update history
August 26, 2024
Posted financials
Added Form 990 for fiscal year 2021
August 24, 2024
Used new vendors
Identified 1 new vendor, including
July 15, 2024
Received grants
Identified 5 new grant, including a grant for $31,694 from Stifel Foundation
May 19, 2024
Received grants
Identified 2 new grant, including a grant for $120,000 from Broadridge Foundation
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from Finra Regulation (FINRA)
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersCharities
Issues
Social sciencesEducation
Characteristics
Political advocacyConducts researchFundraising eventsCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
140 Broadway 35th Floor
New York, NY 10005
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
sifma.org/about/sifma-foundation/ 
Phone
(212) 313-1371
IRS details
EIN
52-1087193
Fiscal year end
October
Taxreturn type
Form 990
Year formed
1976
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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