Disable all preview features

Research and Public Policy : Social and Public Policy Research

Foundation for Economic Education

Inspire. Educate. Connect.

four stars

91.45

1819 Peachtree Street NE Suite 300
Atlanta, GA 30309
tel: (800) 960-4333   Web Site
EIN: 13-6006960

Board Leadership
Mr. Roger Ream
Chairman

CEO
Mr. Lawrence W. Reed
President

 
 
  Score
(out of 100)		 Rating
Overall Score & Rating 91.45 four stars
  Financial 90.15 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 05/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Why isn't this based on more recent data?

Learn more about how we calculate the overall score and rating.

Financial

four stars

90.15

Accountability & Transparency

four stars

93.00

This rating was published 05/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 76.8%
  Administrative Expenses 7.3%
  Fundraising Expenses 15.7%
  Fundraising Efficiency $0.18
  Working Capital Ratio (years) 1.56
  Program Expenses Growth 11.0%
  Liabilities to Assets 5.4%
All data for Financial Performance Metrics calculations was provided by Foundation for Economic Education on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Foundation for Economic Education on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for Economic Education (GA) 91.45 four stars
AAA Foundation for Traffic Safety (DC) 92.02 four stars
The Center for Democracy and Technology (DC) 88.83 three stars
Texas Public Policy Foundation (TX) 87.82 three stars
Center on Policy Initiatives (CA) 88.73 three stars

Compare These Charities (Highly Rated)

FEE strives to bring about a world in which the economic, ethical, and legal principles of a free society are familiar and credible to the rising generation.

Through life-changing student seminars, free online courses, engaging classroom resources, and enlightening classic and contemporary online content, we teach young people the personal value of free markets, entrepreneurship, and strong character.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,222,381
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $3,222,381
   Program Service Revenue $0
Total Primary Revenue $3,222,381
   Other Revenue $340,618
TOTAL REVENUE $3,562,999
   
EXPENSES  
   Program Expenses $2,912,035
   Administrative Expenses $142,707
   Fundraising Expenses $707,527
TOTAL FUNCTIONAL EXPENSES $3,762,269
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-199,270
   
Net Assets $7,497,074

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Seminars and Lectures $1,536,444 52.8%
Website Outreach $810,416 27.8%
Books and Publications $565,175 19.4%

Ratings History
Foundation for Economic Education has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-03 05/01/2017 91.45 four stars
2015-03 06/01/2016 92.50 four stars
 
CN 2.0
2014-03 08/01/2015 90.20 four stars
2013-03 08/01/2014 80.28 three stars
2012-03 08/01/2013 83.47 three stars
2011-03 07/01/2012 77.27 two stars
2010-03 09/20/2011 75.06 two stars
 
CN 1.0
2010-03 07/01/2011 88.37 three stars
2009-03 08/01/2010 82.50 three stars
2008-03 04/01/2009 83.33 three stars
2007-03 06/01/2008 89.31 three stars
2006-03 04/01/2007 77.52 two stars
2005-03 03/01/2006 70.67 two stars
2004-03 03/01/2005 57.74 one star
2003-03 04/01/2004 75.72 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-6006960
Name in IRS Master File FOUNDATION FOR ECONOMIC EDUCATION INC
NTEE Code V22
NTEE Classification Economics (as a social science)
NTEE Type Social Science Research Institutes, Services
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (161) Scientific research (diseases)
(180) Contact or sponsored scientific research for industry
(40) Scholarships (other)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1947
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End March
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • March, 2016
  • March, 2015
  • March, 2014
  • March, 2013
  • March, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

We invite you to share your opinions, thoughts, experiences, and stories about this charity here to help inform the decisions of other donors.  
Need more help getting started? Check out our FAQs.
 
This tool is not for questions about Charity Navigator, such as how we derived this charity’s rating. We will happily answer those questions if you contact us directly. Likewise, if you have questions for this charity, then we encourage you to contact the charity directly (we include the charity’s contact information in the upper left-hand corner of this page) since few charities regularly monitor this commenting tool.

Compensation % of Expenses Paid to Title
$145,667 3.87% Larry Reed President
Other Salaries of Note
$123,333 3.27% Wayne Olson Executive Director

FEE strives to bring about a world in which the economic, ethical, and legal principles of a free society are familiar and credible to the rising generation.

Through life-changing student seminars, free online courses, engaging classroom resources, and enlightening classic and contemporary online content, we teach young people the personal value of free markets, entrepreneurship, and strong character.

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation for Economic Education (GA) 91.45 four stars
Alliance for Aging Research (DC) 89.35 three stars
Be the Change Inc. (MA) 89.48 three stars
Manhattan Institute for Policy Research (NY) 92.28 four stars
RESULTS Educational Fund (DC) 94.34 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Foundation for Economic Education
1819 Peachtree Street NE
Suite 300
Atlanta, GA 30309
tel: (800) 960-4333
fax: (404) 393-3142
EIN: 13-6006960

Visit Web Site

Board Leadership

Mr. Roger Ream
Chairman

CEO

Mr. Lawrence W. Reed
President

please wait...

    • I want to donate to Foundation for Economic Education

      $
      next

    • Frequency

      back
      next

    • Would you like us to email someone and CC you?

      This email identifies you as the donor but does not specify the amount of your gift.
      back
    A donation of to has been added to your Giving Basket!

    Basket Total:
    Check Out Now or Continue Researching
[ X ]

Did You Know We Are a Charity, Too?

If even a third of the 7 million people who visited our site last year had donated a dollar to Charity Navigator, we would comfortably meet our annual budget and be able to do what so many of you ask us to do every day--rate more charities!

With the support of users like you, we are currently investing in staff and technology. This will allow us to improve the search and organizational features of our site, making it easier to find the information that matters most to you. We will also continue to enhance our evaluation system and metrics.

So, whether you're a first time visitor or a long time user, we ask for your help in achieving our goal. Your gift of any size is most deeply appreciated! Thank You!

With the support of users like you, we are making it easier to find the info that matters most. Thank you!

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.

As seen on
Help Center