Overview
What is The Ronald Coase Institute?
The Ronald Coase Institute is a nonprofit organization situated in St. Louis, Missouri, with a primary focus on conducting and promoting economic research on real-world economic systems. They achieve this by organizing workshops and other educational activities for scholars, aiming to enhance their capacity to analyze institutional issues in their respective countries. Furthermore, the institute participates in renowned economic conferences, such as the Society for Organizational and Institutional Economics (SIOE) meetings, to maintain connections with scholars, expand its network, and attract new talent. To engage its alumni and members, The Ronald Coase Institute conducts Zoom presentations showcasing innovative ideas in institutional economics, which are not readily available elsewhere. Additionally, they host dinners during SIOE meetings to foster relationships between alumni, faculty, and other scholars in the field. The institute also offers a platform for alumni to present their research on education and society, providing valuable feedback and networking opportunities. In doing so, The Ronald Coase Institute not only promotes cutting-edge research but also contributes to the professional development of its members.
Official website here: www.coase.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating
The Ronald Coase Institute has earned a strong 90% rating from Charity Navigator, achieving a Four-Star designation, which reflects high standards in accountability and financial management. This rating is based entirely on their performance in Accountability & Finance, showcasing their commitment to transparency and responsible stewardship of resources.
Strengths highlighted include an entirely independent board with high engagement, as evidenced by its full score of 10 out of 10 for both the majority of independent board members and the independent board size. The organization also scored perfectly for material diversion of assets and maintaining essential policies such as conflict of interest and document retention, indicating robust governance practices.
However, the institute did receive a score of zero in the whistleblower policy category, suggesting that there may be an area for improvement in fostering an environment that encourages reporting concerns safely. Despite this limitation, their low liabilities to assets ratio and high program expense ratio demonstrate financial health and a strong focus on mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is The Ronald Coase Institute legitimate?
The Ronald Coase Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ronald Coase Institute 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:
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Official website here: www.coase.org
What is the mission statement of The Ronald Coase Institute?
The Ronald Coase Institute's mission is centered around conducting and promoting economic research on real-world economic systems. Its objective is twofold: firstly, to enhance the capacities of scholars to investigate institutional problems within their own countries through educational activities such as workshops. Secondly, the institute is dedicated to conducting and promoting research on the institutions of real economic systems. In addition to its research endeavors, the institute also offers alumni mentoring and support, organizes educational events featuring newly published research, and participates in annual meetings to stay updated on new research and maintain connections with scholars.
Official website here: www.coase.org
Who is the CEO of The Ronald Coase Institute?
Mary M Shirley is the President / Director of The Ronald Coase Institute.
Official website here: www.coase.org
What is the revenue of The Ronald Coase Institute?
The Ronald Coase Institute's revenue in 2022 was $45,051.
Official website here: www.coase.org
Who are the executives of The Ronald Coase Institute and what are their salaries?
There 24 volunteers at The Ronald Coase Institute.
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Official website here: www.coase.org
Where can I find the form 990 for The Ronald Coase Institute?
The Ronald Coase Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coase.org
Learn more at the official website: www.coase.org
Mission Statement of The Ronald Coase Institute
The Ronald Coase Institute is dedicated to conducting and promoting economic research on real-world economic systems. Its mission is twofold. Firstly, the institution aims to enhance the capacity of scholars in various countries by providing workshops and educational activities. This enables them to delve deeper into institutional problems within their own nations. Secondly, The Ronald Coase Institute engages in research on the institutions of real-economic systems.
To achieve its objectives, The Ronald Coase Institute implements several strategies. One of these approaches involves organizing Zoom presentations to share exciting and beneficial ideas with its alumni, such as newly published research on trust in Latin America or a new book on introductory institutional economics. These presentations offer an exclusive platform for alumni to access information that may not be readily available elsewhere.
Moreover, The Ronald Coase Institute actively participates in annual meetings held by the Society for Organizational and Institutional Economics (SIOE) in Toronto, Canada. During these meetings, the organization organizes a dinner for its alumni and faculty. This event serves multiple purposes, including keeping The Ronald Coase Institute informed about the latest research in new institutional economics, maintaining connections with its alumni, expanding its network, and attracting new scholars and faculty.
Furthermore, The Ronald Coase Institute organizes and chairs a panel of alumni at SIOE's Toronto meetings to showcase their research on education and society. This panel provides selected alumni with valuable feedback and experience, thereby fostering a collaborative learning environment. Through these initiatives, The Ronald Coase Institute plays a vital role in promoting academic growth and fostering a community of scholars dedicated to understanding and improving real-world economic systems.
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Impact
August, 2024
The Ronald Coase Institute's impact lies in its mission to improve the capacity of scholars to study institutional problems in their own countries through workshops and other educational activities. By conducting and promoting research on the institutions of real economic systems, the institute helps scholars gain insights and tools to address economic challenges in their respective regions. Through alumni mentoring, support, education, and networking initiatives, the institute facilitates knowledge sharing, fosters collaborations, and enhances the skills of those studying economic systems. Additionally, by participating in events like the annual meetings of the Society for Organizational and Institutional Economics (SIOE), the institute stays abreast of new research in new institutional economics, maintains connections with alumni, builds its network, and recruits new scholars and faculty. This active engagement contributes to the institute's impact in advancing scholarship and understanding in the field of institutional economics.
This information is meant to be a general summary of The Ronald Coase Institute. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,109
- Program Service Revenue: $2,400
- Gross Receipts: $45,051
Assets and Liabilities:
- Total Assets: $555,282
- Total Liabilities: $0
- Net Assets: $555,282
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES FOR SERVICE
Revenue
$2,400
Organization Details
Founding Year
2000
Phone
(314) 862-0351Principal Officer
Mary M Shirley
Main Address
ALEXANDRA BENHAM 6346 WATERMAN AVE, ST LOUIS, MO, 631304707
Website
www.coase.orgNTEE Category
Code: V22 - Social research
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