2026-07-16T08:38:28-05:00 2025-03-31 582676261 Rogers & Company PLLC 1775 Tysons Boulevard Suite 1200 McLean VA 22102 990 2024-04-01 136006960 Foundation for Economic Education Inc FOUN 4045549980 1776 Peachtree St NW Ste 710S Atlanta GA 303092311 Elisa Bishop Chief Operating Officer 4045549980 2026-07-16 1 1 Lori A Collingsworth P00639819 7038930300 2026-07-14 2024 2025-03-06 01:10:19Z X Diogo Costa 1776 Peachtree St NW Ste 710S Atlanta GA 303092311 7002600 0 X http://fee.org/ X 1946 NY To promote and educate in the principles of sound economics 12 12 51 0 141182 138382 7055995 6298939 103577 24825 231624 252431 801851 166245 8193047 6742440 0 0 0 0 3940329 3527532 59124 36847 1365620 3806215 3382701 7805668 6947080 387379 -204640 16156268 14133100 1189002 692784 14967266 13440316 The organization's mission is to educate students about the personal and social value of free-market economics, entrepreneurship, individual freedoms, self-responsibility, and high moral character in a free society. 0 0 2311816 Online Media - Promoting the study of free-market economics and the philosophy of self-responsibility. 2073924 Webinars and Seminars - Promoting entrepreneurship, self-responsibility, and a general understanding of economics and sound public policy. 521953 24825 Books and Publications - The dissemination of the results of research and study in the field of economics and the related branches of the social sciences. 4907693 1 1 0 0 0 0 0 0 1 1 1 1 0 1 1 1 1 0 0 1 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 66 0 1 51 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC X X The Organization 4045549980 1776 Peachtree St NW Ste 710S Atlanta GA 303092311 Wayne Olson Chairman of the Board 1.00 X X 0 0 0 Dan Grossman Vice Chairman & Treasurer 1.00 X X 0 0 0 Martin Gallun Trustee 1.00 X X 0 0 0 Thomas Beach Executive Committee At Large 1.00 X X 0 0 0 Fred Reams Trustee 1.00 X 0 0 0 Scott Barbee Secretary 1.00 X 0 0 0 Travis May Trustee 1.00 X 0 0 0 Nathan Bond Trustee 1.00 X 0 0 0 Andew Winner Trustee 1.00 X 0 0 0 Richard Greenberg Trustee 1.00 X 0 0 0 David Nicholson Trustee 1.00 X 0 0 0 David Knott Trustee 1.00 X 0 0 0 Nikos Monoyios Trustee 1.00 X 0 0 0 Diogo Costa President 40.00 X 153574 0 0 Elisa Bishop Chief Operating Officer 40.00 X 181608 0 2510 Courtney Franklin Chief Development Officer 40.00 X 146880 0 8846 Alexander Miller Senior Major Gifts Officer 40.00 X 158788 0 8446 Lawrence Reed President Emeritus 40.00 X 157672 0 7246 Javier Perez Saavedra BD & Reserch Associate 40.00 X 118804 0 4846 Alexandria Webb Director of Marketing, Analytics, and Technology 40.00 X 107447 0 9130 Derek D'Angelo Director of Education 40.00 X 109486 0 3740 1134259 0 44764 9 0 1 0 Freedom Toons LLC 3191 S Dixie Hwy Apt 309 West Palm Beach FL 33405 Videos 180245 The Zeros Journey LLC 361 Bush Rd Cooperstown NY 13326 YouTube Production Services, Development 146800 Davitas LLC 2170 Americus Blvd N Apt 43 Clearwater FL 33763 External Affairs Contractor Services 144746 Mission First Operations LLC 14700 Driftwater Drive Winter Garden FL 34787 Accounting 122410 Kerry McDonald 19 Myrtle Avenue Cambridge MA 02138 Ongoing contract role for FEE/LiberatED 117965 5 6298939 69429 6298939 Publications 513130 24825 24825 24825 235356 235356 16201 16201 277235 246866 13294 30369 -13294 17075 17075 S-Corporation net K-1 310000 141182 141182 Other revenue 900099 8862 8862 150044 6742440 24825 141182 277494 X 575684 387538 54257 133889 2465770 1879556 89704 496510 44234 31872 2700 9662 203888 145882 13166 44840 237956 169819 15673 52464 67620 36590 23060 7970 156836 156836 36847 36847 1240447 1045901 20756 173790 177682 44078 21088 112516 263512 192781 19041 51690 178857 66711 83342 28804 619792 417349 54238 148205 537122 443203 38289 55630 24719 18164 1215 5340 40195 15124 18493 6578 Taxes 59773 59773 Dues and subscriptions 16146 13125 2136 885 6947080 4907693 673767 1365620 851239 340376 125000 142868 128830 76372 3000 0 1113565 967739 116562 145826 7599322 7602559 4709250 4243050 2623065 1582049 16156268 14133100 454210 150765 100770 18504 108843 118460 525179 405055 1189002 692784 X 11336337 10889868 3630929 2550448 14967266 13440316 16156268 14133100 X -204640 -369092 -953218 X X 0 1 X 1 0 X 6560640 6393075 6997690 7055995 6298939 33306339 6560640 6393075 6997690 7055995 6298939 33306339 2793371 30512968 87028 142019 157962 239734 251557 878300 473100 761789 1177613 749932 139382 3301816 37486455 555446 0.81400 0.80130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 3163662 -724208 0 2439454 1699694 1463968 0 3163662 2385168 -685474 0 1699694 2838274 -231517 221589 2385168 1687029 1000000 1000815 849570 2838274 0.00000 1.00000 0.00000 0 0 34958 34958 0 527107 471543 55564 551500 461238 90262 145826 15,000 Shares Metalcraft, Inc. 4243050 F 4243050 Right of use assets - operating lease 362360 Crytocurrencies 742037 Assets held in charitable remainder trust 357647 Gold coins 69522 Beneficial interest in third-party trusts 37669 Security deposit 11614 Donated artwork 1200 1582049 Lease liabilities - operating lease 405055 405055 X 5916246 -369092 496116 -953218 -826194 6742440 0 6742440 7443196 496116 496116 6947080 0 6947080 Part IV, Line 2b: The Foundation is a trustee for a charitable remainder trust. The fair value of assets held by the trust is reported as an asset on the Foundation's balance sheet, and is offset by a liability representing amounts due to other beneficiary of charitable remainder trust. Part V, Line 4: The Foundation for Economic Education holds several long term investments received from contributions and grants specified by the donors to be used for endowments for scholarships and other program expenditures. Part X, Line 2: Management has evaluated the Foundation's tax positions and concluded that the Foundation's financial statements do not include any uncertain tax positions. Part XI, Line 2d - Other Adjustments: Unrealized appreciation (depreciation) other assets-cryptocurrencies -953,218. Central America and the Caribbean 0 7 Program Services Seminars & Lectures 159765 East Asia and the Pacific 0 3 Program Services Seminars & Lectures 10910 Europe 0 8 Program Services Seminars & Lectures 43346 North America 0 9 Program Services Seminars & Lectures 184366 South America 0 10 Program Services Seminars & Lectures 156667 0 37 0 0 0 37 555054 0 555054 0 0 0 0 0 0 Part I, line 3: Foreign expenditures are directly tracked and accounted for on the accrual basis of accounting. X X X X X X 1 Optimize Consulting PO Box 660121 Austin TX 78766 Direct Mail Management 0 0 36847 -36847 36847 -36847 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC X X 0 0 0 0 0 0 0 0 0 Elisa Bishop Chief Operating Officer 181608 0 0 0 0 0 2510 0 0 0 184118 0 0 0 Alexander Miller Senior Major Gifts Officer 158788 0 0 0 0 0 3600 0 4846 0 167234 0 0 0 Lawrence Reed President Emeritus 157672 0 0 0 0 0 2400 0 4846 0 164918 0 0 0 Courtney Franklin Chief Development Officer 146880 0 0 0 0 0 4000 0 4846 0 155726 0 0 0 Diogo Costa President 153574 0 0 0 0 0 0 0 0 0 153574 0 0 0 X 4 69429 FMV 0 1 0 Form 990, Heading Item B, Amended Return: The 990 has been amended to restate the allocation of the expenses in Part IX, Statement of Functional Expenses. The originally filed 990 had allocated some program and fundraising costs in general and administrative. Management provided an updated statement of functional expenses for the amendment. Items that changed from originally filed return: Part III, Statement of Program Service Accomplishments, Lines 4a-4c total expenses by program Part IX, Statement of Functional Expenses, Lines 5-24, allocations between Columns (B)-(D). Total expenses in Column (A) did not change. Form 990, Part VI, Section A, line 1a Between the meetings of the Board of Trustees, its powers and duties shall be exercised and performed by the Executive Committee consisting of the Chairman of the Board, the Vice Chairman of the Board, the Secretary, the Treasurer and two trustees who shall be elected by the Board of Trustees. The Executive Committee shall not elect or remove trustees, officers, or members of committees of the Corporation; authorize, in the aggregate, an increased expenditure greater than 10% of the annual budget as approved by the Board of Trustees; sell or otherwise dispose of a principal asset of the Corporation other than in the normal course of investment and reinvestment decisions; authorize a merger, dissolution, or liquidation of the Corporation; or amend the Corporation's Certificate of Incorporation or the By-laws. Form 990, Part VI, Section B, line 11b A draft of the Federal Form 990 is provided to the organization for management review and approval. A complete copy is provided to the Governing Board prior to filing with the IRS. Form 990, Part VI, Section B, line 12c All FEE Trustees and executive officers are covered by a conflict of interest policy that is reviewed annually by the Board's Executive Committee, which determines conflicts. Section 4 of the policy details how to address persons with conflicts, as follows: a. An interested person may make a presentation at the Board or Executive Committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. b. The Chairperson of the Board or Executive Committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. c. After exercising due diligence, the Board or Executive Committee shall determine whether FEE can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. d. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the Board or Executive Committee shall determine by a majority vote of the disinterested trustees whether the transaction or arrangement is in FEE's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. Form 990, Part VI, Section B, line 15a The Organization's Performance and Compensation Committee establishes criteria for the evaluation of the President's performance, conducts a review of the President's performance for each fiscal year, and submits a recommendation to the Board of Trustees at the annual meeting with respect to the President's compensation. This is reviewed, deliberated and decided by the Board of Trustees. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, Conflict of Interest Policy, and financial statements available to the public upon request. Form 990, Part IX, line 11g Other professional fees, consultants and contract services: Program service expenses 1,045,901. Management and general expenses 20,756. Fundraising expenses 173,790. Total expenses 1,240,447. Form 990, Part XI, line 9: Unrealized appreciation (depreciation) other assets-cryptocurrencies -953,218. Form 990, Part XII, Line 2c: The Organization's Board of Trustees is responsible for oversight of the audit, including selection of the independent accountant. The process has not changed from previous years. George A Warren Trust UA DTD 91169 Foundation for Economic Education 1776 Peachtree St NW Ste 710S Atlanta GA 30309 046421546 Supporting Organization- See Part VII MA 501(c)(3) Line 12b, II 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 Schedule R, Part II, Column (b) Primary Activity To discover, develop and support students, scholars and other intellectuals who maintain the highest standards of academic and professional excellence.