Foundation For Economic Education Inc

Organization Overview

Foundation For Economic Education Inc is located in Atlanta, GA. The organization was established in 1947. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. As of 03/2022, Foundation For Economic Education Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Economic Education Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2022, Foundation For Economic Education Inc generated $7.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $6.2m during the year ending 03/2022. While expenses have increased by 7.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND EDUCATE IN THE PRINCIPLES OF SOUND ECONOMICS

Describe the Organization's Program Activity:

SEMINARS AND LECTURES - PROMOTING ENTREPRENEURSHIP, SELF-RESPONSIBILITY, AND A GENERAL UNDERSTANDING OF ECONOMICS AND SOUND PUBLIC POLICY.


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.


WEBSITE OUTREACH - PROMOTING THE STUDY OF FREE-MARKET ECONOMICS AND THE PHILOSOPHY OF SELF-RESPONSIBILITY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hyatt Regency Atlanta
Event Venue
$312,722
American Philanthropic Llc
Fundraising Counsel
$233,329
Brad Ketchum Iii
Printing Services
$198,833
On Services
Event Av Services
$159,083
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,393,075
Noncash contributions included in lines 1a–1f $130,028
Total Revenue from Contributions, Gifts, Grants & Similar$6,393,075
Total Program Service Revenue$0
Investment income $78,272
Tax Exempt Bond Proceeds $0
Royalties $63,747
Net Rental Income $0
Net Gain/Loss on Asset Sales $84,392
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$18,788
Miscellaneous Revenue$0
Total Revenue $7,371,269

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Foundation For Economic Education Inc has recieved totaling $55,000.

Awarding OrganizationAmount
Atlas Economic Research Foundation

Arlington, VA

PURPOSE: Economic Education

$30,000
Bartley J Madden Foundation

Naples, FL

PURPOSE: GENERAL & UNRESTRICTED

$20,000
Offerdahl Family Foundation

Incline Village, NV

PURPOSE: TO INSPIRE, EDUCATE, AND CONNECT FUTURE LEADERS WITH THE ECONOMIC, ETHICAL, AND LEGAL PRINCIPLES OF A FREE SOCIETY.

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,838,274
Earnings-$231,517
Other Expense$221,589
Ending Balance$2,385,168

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