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The Fund For American Studies

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

EIN: 136223604 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is The Fund For American Studies?

The Fund for American Studies is a nonprofit organization that offers graduate and professional programs catering to diverse career paths, including law, journalism, and government affairs. One of their flagship programs is the summer law fellowship, which provides valuable components for law school students. In collaboration with the Foundation for Teaching Economics (FTE), they also organize high school programs that range from economics for leaders to online courses for students and teachers. Their primary focus is immersive internships in Washington, DC, designed to enhance the participants' skills and knowledge in their chosen fields.


Official website here: www.tfas.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

The Fund For American Studies has achieved a high rating of 94%, reflecting strong accountability and financial management. The organization boasts a majority independent board and an excellent track record in financial oversight, with no reported material diversions of assets. Their commitment to transparency is demonstrated through various policies and the thorough distribution of tax forms to board members before filing.

User feedback highlights the educational impact of The Fund, particularly from alumni who describe their experiences as transformative. One reviewer praised the leadership and curriculum, emphasizing the organization’s dedication to teaching the principles of the free enterprise system and understanding the Founding Fathers' vision for governance. This positive alumni engagement underscores the nonprofit's effectiveness in fulfilling its mission.

However, while the program expense ratio is strong at 77.90%, the fundraising efficiency ratio of $0.27 indicates room for improvement in fundraising practices. This suggests that while the organization is effectively utilizing funds for its programs, there may be challenges in optimizing its fundraising strategies. Overall, The Fund For American Studies is recognized for its significant contributions to education and civic understanding.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is The Fund For American Studies legitimate?

The Fund For American Studies is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fund For American Studies 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: $953,482
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,271,461

For more financial information, click here


Official website here: www.tfas.org

What is the mission statement of The Fund For American Studies?

The Fund for American Studies is an organization dedicated to providing educational programs for students pursuing various career paths, including law, journalism, and government affairs. Through their graduate and professional programs, they offer opportunities that cater to these fields. One of their notable initiatives is the summer law fellowship, which offers comprehensive components for law school students. In addition, they partner with the Foundation for Teaching Economics to deliver programs in economics, hosting one-day events, online courses, and internships for both high school students and teachers. Their flagship program focuses on internships in Washington D.C., offering students valuable hands-on experience in their chosen field.


Official website here: www.tfas.org

What is the revenue of The Fund For American Studies?

The Fund For American Studies's revenue in 2023 was $16,317,350.


Official website here: www.tfas.org

Who are the executives of The Fund For American Studies and what are their salaries?

The average compensation at The Fund For American Studies during 2023 was $55,584. There are 94 employees and 21 volunteers at The Fund For American Studies.

Here are 30 key members and their salaries:


Fred Barnes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Weil Barnett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles R Black Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel H Branch (Secretary And General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Carneal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Y Craig (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James B Culbertson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula J Dobriansky (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank J Donatelli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juanita D Duggan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William J Hybl (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colene Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Kostrzewa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank T Lauinger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Mcclain (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Mcpherson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger R Ream (President)
  • Compensation: $382,323
  • Related: $0
  • Other: $25,138
David Stover (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Tanenblatt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randal C Teague (Chairman)
  • Compensation: $95,000
  • Related: $0
  • Other: $0
Bridgett Wagner (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Zarras (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J Callahan (Cfo/Vice President, Finance & Administration)
  • Compensation: $176,522
  • Related: $0
  • Other: $23,878
Stephen Slattery (Executive Vice President)
  • Compensation: $199,857
  • Related: $0
  • Other: $21,518
Shane Mazzella (Vp, Collegiate Programs & Alumni Engagement)
  • Compensation: $116,411
  • Related: $0
  • Other: $4,635
James Klauder (Vp Public Affairs And Development)
  • Compensation: $150,375
  • Related: $0
  • Other: $21,628
Joseph Starrs (Director, Us Programs)
  • Compensation: $131,681
  • Related: $0
  • Other: $16,041
Thomas Tucker (Executive Director, High School)
  • Compensation: $138,497
  • Related: $0
  • Other: $30,227
Edward Turner (Vice President, Development)
  • Compensation: $170,556
  • Related: $0
  • Other: $6,750


Official website here: www.tfas.org

Where can I find the form 990 for The Fund For American Studies?

The Fund For American Studies's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.tfas.org

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

Mission Statement of The Fund For American Studies

The Fund for American Studies is a renowned organization that facilitates graduate and professional programs tailored to various career paths, including law, journalism, and government affairs. This esteemed institution takes pride in its summer law fellowship, which offers invaluable components for law school students aiming to further their legal education. In partnership with the Foundation for Teaching Economics (FTE), The Fund for American Studies also hosts a range of high school programs. These enriching opportunities encompass economics for leaders, one-day events, and online courses, catering to both students and educators.

The heart of The Fund for American Studies' mission lies in its flagship program, which centers around internships in Washington, D.C. This immersive experience enables participants to gain practical knowledge and professional skills in their chosen field by working directly with industry leaders and policymakers. Through these programs, The Fund for American Studies empowers the next generation of leaders, fostering their growth and development as they embark on their career journeys.

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Impact




October, 2024

The Fund for American Studies significantly impacts the development of future leaders by providing comprehensive educational programs tailored to various career paths, including law, journalism, and government affairs. Its graduate and professional programs equip participants with the necessary skills and knowledge to excel in their respective fields.

One of the standout offerings is the summer law fellowship, which encompasses a variety of components designed to enhance the educational experience of law students. This initiative not only deepens their understanding of legal principles but also prepares them for practical application in the workforce.

Moreover, The Fund for American Studies plays a pivotal role at the high school level through collaborative programs with the Foundation for Teaching Economics. These programs, including "Economics for Leaders" and other online courses, are designed for both students and teachers, enriching their understanding of economic principles and fostering critical thinking skills.

The organization’s flagship initiative focuses on providing internships in Washington, DC, allowing participants to gain invaluable hands-on experience in a dynamic political and social environment. This exposure to real-world applications reinforces the theoretical knowledge acquired through their academic programs, ultimately contributing to a well-rounded education.

Overall, The Fund for American Studies is instrumental in cultivating a new generation of informed and capable leaders equipped to make impactful contributions in various sectors of society.




This information is meant to be a general summary of The Fund For American Studies. 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
$16,317,350 (2023)
2011201220132014201520162017201820192020202120222023$0$4.5M$9M$13.5M$18M
Expenses
$15,509,629 (2023)
2011201220132014201520162017201820192020202120222023$0$4M$8M$12M$16M
Efficiency
20112012201320142015201620172018201920202021202220230%10%20%30%48%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $578,454
  • Program Service Revenue: $5,031,181
  • Gross Receipts: $27,397,284

Assets and Liabilities:

  • Total Assets: $24,086,764
  • Total Liabilities: $7,007,950
  • Net Assets: $17,078,814

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Programs

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

TUITION

Revenue

$4,945,115

CONFERENCES

Revenue

$86,066

Organization Details

Founding Year

1967

Principal Officer

Roger R Ream

Main Address

1706 NEW HAMPSHIRE AVENUE NW, WASHINGTON, DC, 20009

NTEE Category

Code: V20 - Social research

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