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Nonprofit · EIN 20-0863779

FINRA INVESTOR EDUCATION FOUNDATION

Tax-exempt · ROCKVILLE, MD 20850

Financials

$9.4M$5M2023$8.9M$4.8M2024
Revenue Expenses · by fiscal year end
Financials of FINRA INVESTOR EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,900,744$4,768,560$4,132,184$85,576,894$596,410$84,980,484
December 31, 2023990$9,397,096$5,045,365$4,351,731$79,051,155$1,206,167$77,844,988
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,800,910
Program service revenue
$0
Investment income
$3,099,834
Net gain from sales of assets
$1,068,625
Other revenue
$0

Expenses

Grants and similar amounts paid
$537,145
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$54,851
Travel
$44,258
Program services (functional)
$4,621,606
Management and general (functional)
$146,954

Balance sheet and other

Total assets, start of year
$79,051,155
Total assets, end of year
$85,576,894
Total liabilities, end of year
$596,410
Net assets, end of year
$84,980,484
Publicly traded securities
$71,833,540
Net assets without donor restrictions
$84,907,523
Net assets with donor restrictions
$72,961
Gross receipts
$11,435,130
Employees
0
Volunteers
6
Year formed
2004
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Robert W CookChairperson, THRU 2/11/24, Ex Officio Board Member
Trustee or director
1$0$3,472,973$629,827
Jonathan S SokobinCHAIRPERSON - AS OF 2/12/24
Trustee or director
1$0$1,024,187$108,343
Geraldine M WalshPresident
Officer
48$0$577,756$92,489
Eileen M FamigliettiTreasurer
Officer
6$0$500,953$89,425
Jennifer P MitchellCorporate Secretary
Officer
3$0$487,991$58,226
PEGGY HOBOARD MEMBER
Trustee or director
2$0$101,468$0
John W ThielBoard Member
Former
0$0$40,000$0
ELLEN FRAWLEYBOARD MEMBER - AS OF 1/08/24
Trustee or director
1$0$0$0
Gwen WeithausBOARD MEMBER - AS OF 5/21/24
Trustee or director
1$0$0$0
JASON FICHTNERBOARD MEMBER - AS OF 1/08/24
Trustee or director
1$0$0$0
MENEKSE GENCERBOARD MEMBER
Trustee or director
1$0$0$0
PAUL ROYEBOARD MEMBER - AS OF 1/08/24
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Robert W CookChairman
Trustee or director
1$0$3,243,336$595,811
Eileen M FamigliettiTreasurer
Officer
6$0$550,638$168,612
Geraldine M WalshPresident
Officer
48$0$582,234$125,303
Jennifer P MitchellCorporate Secretary
Officer
3$0$487,158$105,514
PEGGY HOBOARD MEMBER
Trustee or director
1$0$100,179$0
John W ThielBoard Member
Trustee or director
1$0$40,000$0
Laura FisherBoard Member
Trustee or director
1$0$0$0
Mari J BuechnerBoard Member
Trustee or director
1$0$0$0
MENEKSE GENCERBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
9509 KEY WEST AVENUE, ROCKVILLE, MD 20850-0000
Principal officer (990 for 2024)
Geraldine M Walsh, 1700 K STREET NW, WASHINGTON, DC 200061506
Signed the 990
ROBERT W COOK, CHAIRMAN AND CEO
Phone
(202) 728-8949
Return prepared by
ERNST & YOUNG US LLP

Mission

THE MISSION IS TO EMPOWER AMERICANS WITH THE KNOWLEDGE, SKILLS AND TOOLS TO MAKE SOUND FINANCIAL DECISIONS THROUGHOUT LIFE.

990 for the year ended December 31, 2024

Program accomplishments

  • HELPING PEOPLE BUILD WEALTH - See Schedule O
    Expenses $3,421,505 · grants $537,145
  • HELPING PEOPLE PROTECT WEALTH - See Schedule O
    Expenses $1,145,921
  • ORGANIZATIONAL DEVELOPMENT - SEE SCHEDULE O
    Expenses $54,180

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-0863779
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$85,576,894
Income (IRS master file)
$11,435,130

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,900,744$4,768,560$85,576,894IRS
990December 2023$9,397,096$5,045,365$79,051,155XML
990December 2022$9,847,894$4,246,470$68,490,035IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0863779).

Questions about FINRA INVESTOR EDUCATION FOUNDATION

What is the EIN of FINRA INVESTOR EDUCATION FOUNDATION?
The employer identification number (EIN) of FINRA INVESTOR EDUCATION FOUNDATION is 20-0863779.
Is FINRA INVESTOR EDUCATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2004.
Are donations to FINRA INVESTOR EDUCATION FOUNDATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FINRA INVESTOR EDUCATION FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FINRA INVESTOR EDUCATION FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FINRA INVESTOR EDUCATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FINRA INVESTOR EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2024 names Geraldine M Walsh.
Who are the officers and directors of FINRA INVESTOR EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does FINRA INVESTOR EDUCATION FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,900,744, expenses of $4,768,560 and total assets of $85,576,894 at year end.

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