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Tax Foundation

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

EIN: 521703065 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Tax Foundation?

The Tax Foundation is a distinguished nonprofit organization situated in Washington D.C., known for its expertise in federal tax policy. Established in 1937, the foundation has been dedicated to promoting sound tax policies, offering objective data and analyses through various tools such as economic and budgetary modeling, research, and congressional testimony. The organization's principles and insights have made it a go-to resource for policymakers. Despite the challenges posed by in-person limitations in 2022, the Tax Foundation continued to engage with various public audiences by conducting over 60 briefings and presentations, producing numerous reports, and earning 12,570 citations in leading media outlets. The foundation's mission is to improve lives by advocating for simple and sensible tax policies that foster economic growth and opportunity at both the federal and state levels.


Official website here: www.taxfoundation.org

Is Tax Foundation legitimate?

Tax Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tax Foundation 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: $591,944
Professional Fundraising Fees: $10,000
Other Salaries and Wages: $2,727,318

For more financial information, click here


Official website here: www.taxfoundation.org

What is the mission statement of Tax Foundation?

The Tax Foundation, established in 1937, serves as the leading independent tax policy non-profit in the United States. Its mission is to advocate for simple and sensible tax policies at both federal and state levels. The organization achieves this by providing comprehensive, economically principled analyses on tax policy issues, as well as data on the tax burden borne by Americans at various levels of government. The Tax Foundation is recognized as a reliable resource for policymakers, offering objective analysis, research, and written reports. In 2022, despite limitations due to in-person meetings, the organization conducted numerous briefings, presentations, and produced numerous reports on various tax issues, receiving significant attention in leading media outlets.


Official website here: www.taxfoundation.org

Who is the CEO of Tax Foundation?

Daniel Bunn is the President/Secretary As Of October of Tax Foundation.


Official website here: www.taxfoundation.org

What is the revenue of Tax Foundation?

Tax Foundation's revenue in 2022 was $6,768,789.


Official website here: www.taxfoundation.org

Who are the executives of Tax Foundation and what are their salaries?

The average compensation at Tax Foundation during 2022 was $87,349. There are 38 employees and 10 volunteers at Tax Foundation.


Here are 16 key members and their salaries:


Daniel D Bunn (President/Secretary As Of October)
  • Compensation: $206,882
  • Related: $0
  • Other: $21,685
David P Lewis (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James W Lintott (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Honorable Philip English (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Groth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Holtz-Eakin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Kranz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Mcgill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Roesser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hodge (President/Secretary Until July)
  • Compensation: $347,918
  • Related: $0
  • Other: $15,459
Michael Volger (Sr. Officer, Development & Partnerships)
  • Compensation: $170,348
  • Related: $0
  • Other: $8,709
William Mcbride (Vp Of Federal Tax Policy)
  • Compensation: $173,993
  • Related: $0
  • Other: $12,510
Colby Pastre (Vp Of Marketing & Communications)
  • Compensation: $135,156
  • Related: $0
  • Other: $12,703
Michael Ressegue (Chief Of Staff)
  • Compensation: $144,219
  • Related: $0
  • Other: $6,269
Jared M Walczak (Vp Of State Projects)
  • Compensation: $136,469
  • Related: $0
  • Other: $10,230


Official website here: www.taxfoundation.org

Where can I find the form 990 for Tax Foundation?

Tax Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.taxfoundation.org

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

Mission Statement of Tax Foundation

The Tax Foundation, a leading independent tax policy nonprofit established in 1937, seeks to achieve simple and sensible tax policies at both the federal and state levels. By producing and disseminating basic information and economically principled analysis of tax policy issues, the organization strives to reduce the size of the tax burden on Americans at various levels of government. The Tax Foundation's ultimate goal is to improve lives and foster greater economic growth and opportunity through well-informed tax policies.

To accomplish its mission, the Tax Foundation engages in various activities. In the realm of federal tax policy, the organization provides objective data and analysis on tax policy issues, utilizing tools such as economic and budgetary modeling, research, writing, Capitol Hill briefings, and congressional testimony. The Tax Foundation has earned a reputation as a go-to resource for policymakers on federal tax issues. In 2022, despite limitations due to in-person meetings, the staff conducted over 60 Capitol Hill briefings, presentations, and meetings with various public audiences, and produced numerous reports and blog posts on a variety of topics that garnered 12,570 citations in leading media outlets.

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Impact




October, 2024

The Tax Foundation plays a pivotal role in shaping tax policy across federal, state, and global levels through rigorous research and analysis. Since its inception in 1937, it has been committed to enhancing lives by advocating for tax policies that foster economic growth and opportunity.

With a focus on promoting sound tax policy, the organization provides objective data and insights, utilizing various tools such as economic modeling, comprehensive research, and direct engagement with policymakers. This approach has established the Tax Foundation as a trusted resource for federal tax issues, evidenced by its active participation in over 60 Capitol Hill meetings and briefings aimed at educating lawmakers and the public.

In 2022 alone, the foundation produced numerous reports and blog posts that garnered significant media attention, with over 12,570 citations in leading outlets. Its mission centers on simplifying and rationalizing tax policies while assessing the broader implications of the tax burden on Americans at all levels of government. Through its efforts, the Tax Foundation not only informs policy debates but also actively contributes to the development of tax frameworks that prioritize economic well-being.




This information is meant to be a general summary of Tax Foundation. 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
$6,768,789 (2022)
Expenses
$5,840,958 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $233,143
  • Gross Receipts: $7,378,812

Assets and Liabilities:

  • Total Assets: $7,496,698
  • Total Liabilities: $2,290,853
  • Net Assets: $5,205,845

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Organization Details

Founding Year

1990

Principal Officer

Daniel Bunn

Main Address

1325 G STREET NW 950, WASHINGTON, DC, 20005

NTEE Category

Code: W05 - Public benefit

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