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Foundation For Economic Education Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136006960 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Economic Education Inc?

Foundation For Economic Education Inc, situated in Atlanta, Georgia, is a nonprofit organization that focuses on promoting and educating individuals in the principles of sound economics. With a team of 41 dedicated individuals, they conduct seminars and lectures to foster entrepreneurship, self-responsibility, and a comprehensive understanding of economics and public policy. Their mission is to instill in students the personal and societal benefits of free-market economics, entrepreneurship, individual liberties, self-reliance, and high moral character in a free society.


Official website here: www.fee.org

Is Foundation For Economic Education Inc legitimate?

Foundation For Economic Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Economic Education Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $444,705
Professional Fundraising Fees: $59,124
Other Salaries and Wages: $3,100,619

For more financial information, click here


Official website here: www.fee.org

What is the mission statement of Foundation For Economic Education Inc?

The Foundation for Economic Education Inc's mission is centered around educating individuals on the principles of sound economics. Specifically, the organization aims to enlighten students about the personal and societal benefits of free-market economics, entrepreneurship, individual freedoms, self-responsibility, and maintaining high moral character in a free society. To achieve this, the Foundation conducts seminars and lectures, fostering an understanding of economics and sound public policy, and promoting entrepreneurial mindsets.


Official website here: www.fee.org

What is the revenue of Foundation For Economic Education Inc?

Foundation For Economic Education Inc's revenue in 2024 was $8,193,047.


Official website here: www.fee.org

Who are the executives of Foundation For Economic Education Inc and what are their salaries?

The average compensation at Foundation For Economic Education Inc during 2024 was $73,861. There are 48 employees at Foundation For Economic Education Inc.

Here are 21 key members and their salaries:


Zilvinas Silenas (President)
  • Compensation: $165,880
  • Related: $0
  • Other: $22,762
Tekoa Coleman (Dir. Of Entreprenurial Education)
  • Compensation: $150,000
  • Related: $0
  • Other: $0
Daniel Sanchez (Director Of Content)
  • Compensation: $117,227
  • Related: $0
  • Other: $30,180
Elisa Bishop (Coo)
  • Compensation: $145,000
  • Related: $0
  • Other: $0
Larry Reed (President Emeritus)
  • Compensation: $131,373
  • Related: $0
  • Other: $12,649
Alexander Miller (Senior Gifts Officer)
  • Compensation: $127,028
  • Related: $0
  • Other: $14,224
Javier Perez Saavedra (Business Dev & Research Associate - Strategic Proj)
  • Compensation: $120,361
  • Related: $0
  • Other: $10,249
Reid Benson (Controller Through 2/16/24)
  • Compensation: $107,000
  • Related: $0
  • Other: $1,734
Wayne Olson (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Grossman (Vice Chairman & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fredric Fransen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Gallun (Executive Committee At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Graham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Beach (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Reams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Barbee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis May (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Bond (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andew Winner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Greenberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Nicholson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fee.org

Where can I find the form 990 for Foundation For Economic Education Inc?

Foundation For Economic Education Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.fee.org

Learn more at the official website: www.fee.org

Mission Statement of Foundation For Economic Education Inc

The Foundation for Economic Education Inc, as its mission statement suggests, is committed to disseminating knowledge and understanding about sound economics. Its primary objective is to educate students, instilling in them the value of free-market economics, entrepreneurship, individual freedoms, self-responsibility, and moral character within a free society. The organization achieves this through various means, including seminars and lectures, which aim to promote entrepreneurship, foster self-responsibility, and enhance the general public's comprehension of economics and suitable public policy.

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Impact




October, 2024

Foundation For Economic Education Inc plays a pivotal role in promoting an understanding of free-market economics and the principles of sound public policy. Through seminars and lectures, it fosters entrepreneurship and emphasizes the importance of self-responsibility and individual freedoms. The organization aims to educate students about the social and personal benefits of economic literacy and high moral character, contributing to a more informed and responsible society. By instilling these values, it enhances the discourse on economic education and empowers individuals to engage meaningfully in economic discussions and decision-making.




This information is meant to be a general summary of Foundation For Economic Education Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,193,047 (2024)
Expenses
$7,805,668 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $203,423
  • Program Service Revenue: $103,577
  • Gross Receipts: $8,367,060

Assets and Liabilities:

  • Total Assets: $13,111,057
  • Total Liabilities: $879,409
  • Net Assets: $12,231,648

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Publications

Revenue

$103,577

Organization Details

Founding Year

1946

Principal Officer

Zilvinas Silenas

NTEE Category

Code: V22Z - Social research

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