Nonprofit · EIN 52-1087193
SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC
Tax-exempt · NEW YORK, NY 10005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $5,445,461 | $4,878,410 | $567,051 | $12,417,310 | $626,198 | $11,791,112 |
| October 31, 2024 | 990 | $4,626,807 | $5,132,214 | -$505,407 | $11,081,937 | $743,661 | $10,338,276 |
| October 31, 2023 | 990 | $5,227,293 | $5,350,848 | -$123,555 | $10,295,181 | $784,448 | $9,510,733 |
| October 31, 2021 | 990 | $3,648,885 | $4,000,644 | -$351,759 | $11,930,027 | $571,090 | $11,358,937 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $4,756,186
- Program service revenue
- $351,330
- Investment income
- $337,945
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $21,468
- Compensation of officers, directors and key employees
- $537,102
- Other salaries and wages
- $1,705,690
- Salaries, compensation and benefits (total)
- $2,918,007
- Professional fundraising fees
- $0
- Legal fees
- $2,225
- Accounting fees
- $25,000
- Travel
- $33,799
- Program services (functional)
- $4,133,137
- Management and general (functional)
- $535,243
- Fundraising (functional)
- $210,030
Balance sheet and other
- Total assets, start of year
- $11,081,937
- Total assets, end of year
- $12,417,310
- Total liabilities, end of year
- $626,198
- Net assets, end of year
- $11,791,112
- Publicly traded securities
- $10,371,399
- Net assets without donor restrictions
- $11,016,112
- Net assets with donor restrictions
- $775,000
- Gross receipts
- $5,639,276
- Employees
- 14
- Volunteers
- 15,763
- Year formed
- 1976
- 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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELANIE MORTIMER | PRESIDENT, SECRETARY Officer | 40 | $452,596 | $66,197 |
| BENJAMIN SAWYER | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $278,804 | $54,306 |
| ELIZABETH REIDEL | MANAGING DIRECTOR Highest-paid employee | 40 | $233,333 | $88,065 |
| JOHN MARTIN | VICE PRESIDENT Highest-paid employee | 40 | $215,851 | $49,612 |
| MICHAEL SHERMAN | VICE PRESIDENT Highest-paid employee | 40 | $221,692 | $27,727 |
| ALLYSON GOLDHAGEN | VICE PRESIDENT Highest-paid employee | 40 | $185,456 | $24,478 |
| RICHARD J DALY | EXECUTIVE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LAWRENCE THOMAS | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LISA KIDD HUNT | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TODD DIGANCI | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| JAMES ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA BLEIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENNETH CELLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN CHRISTIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VANESSA COOKSEY | DIRECTOR Trustee or director | 1 | $0 |
| DAVID DAWKINS | DIRECTOR Trustee or director | 1 | $0 |
| KRISTEN KIMMELL | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL KISBER | DIRECTOR (THRU 12/2024) Trustee or director | 1 | $0 |
| EVAN LAHUTA | DIRECTOR Trustee or director | 1 | $0 |
| SHAREEN LUZE | DIRECTOR Trustee or director | 1 | $0 |
| JOSEPH E SWEENEY | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN THEDER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended October 31, 2024: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELANIE MORTIMER | PRESIDENT, SECRETARY Officer | 40 | $437,134 | $61,029 |
| BENJAMIN SAWYER | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $270,479 | $44,519 |
| ELIZABETH REIDEL | MANAGING DIRECTOR Highest-paid employee | 40 | $225,960 | $80,711 |
| JOHN MARTIN | VICE PRESIDENT Highest-paid employee | 40 | $210,082 | $36,882 |
| MICHAEL SHERMAN | DIRECTOR Highest-paid employee | 40 | $216,671 | $16,921 |
| ALLYSON GOLDHAGEN | VICE PRESIDENT Highest-paid employee | 40 | $183,196 | $8,009 |
| RICHARD J DALY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LAWRENCE THOMAS | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LISA KIDD HUNT | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TODD DIGANCI | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| JAMES ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA BLEIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENNETH CELLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN CHRISTIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VANESSA COOKSEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID DAWKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VLAD KHANDROS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTEN KIMMELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL KISBER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EVAN LAHUTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHAREEN LUZE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH E SWEENEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN THEDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended October 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELANIE MORTIMER | PRESIDENT, SECRETARY Officer | 40 | $418,214 | $56,720 |
| ELIZABETH REIDEL | MANAGING DIRECTOR Highest-paid employee | 40 | $206,688 | $75,319 |
| MICHELLE NOGUCHI | VICE PRESIDENT Highest-paid employee | 40 | $185,930 | $42,312 |
| NANCY KAHN | VICE PRESIDENT Highest-paid employee | 40 | $166,608 | $57,805 |
| BENJAMIN SAWYER | MANAGING DIRECTOR Highest-paid employee | 40 | $188,569 | $17,357 |
| VINCENT YOUNG | ASSISTANT VICE PRESIDENT Highest-paid employee | 40 | $132,162 | $70,208 |
| RICHARD J DALY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LAWRENCE THOMAS | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LISA KIDD HUNT | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TODD DIGANCI | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| JAMES ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA BLEIER | DIRECTOR (AS OF 10/2022) Trustee or director | 1 | $0 | $0 |
| KENNETH CELLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN CHRISTIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VANESSA COOKSEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID DAWKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUPA DHARIA | DIRECTOR (THRU 08/2023) Trustee or director | 1 | $0 | $0 |
| VLAD KHANDROS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTEN KIMMELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL KISBER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EVAN LAHUTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHAREEN LUZE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH E SWEENEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN THEDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended October 31, 2021: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELANIE MORTIMER | PRESIDENT, SECRETARY Officer | 40 | $371,306 | $51,681 |
| ELIZABETH REIDEL | MANAGING DIRECTOR Highest-paid employee | 40 | $192,961 | $68,544 |
| DARIO STIPISIC | VICE PRESIDENT Highest-paid employee | 40 | $184,926 | $73,132 |
| NANCY KAHN | VICE PRESIDENT Highest-paid employee | 40 | $164,174 | $51,729 |
| MICHELLE NOGUCHI | VICE PRESIDENT Highest-paid employee | 40 | $169,607 | $37,715 |
| VINCENT YOUNG | ASSISTANT VICE PRESIDENT Highest-paid employee | 40 | $130,095 | $60,837 |
| RICHARD J DALY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LAWRENCE THOMAS | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LISA KIDD HUNT | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TODD DIGANCI | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| JAMES ALLEN | DIRECTOR (AS OF 11/2020) Trustee or director | 1 | $0 | $0 |
| JAMES ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN CHRISTIAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VANESSA COOKSEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID DAWKINS | DIRECTOR (AS OF 11/2020) Trustee or director | 1 | $0 | $0 |
| THOMAS GUBA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTEN KIMMELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL KISBER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EVAN LAHUTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOAN STEINBERG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAY HERSHENSON | DIRECTOR (THRU 06/2021) Trustee or director | 1 | $0 | $0 |
| MATTHEW SCOGIN | DIRECTOR (THRU 07/2021) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 140 BROADWAY 35TH FLOOR, NEW YORK, NY 10005-1133
- In care of
- % NAM KIM
- Principal officer (990 for 2024)
- MELANIE MORTIMER, 140 BROADWAY 35TH FLOOR, NEW YORK, NY 10005
- Signed the 990
- MELANIE MORTIMER, PRESIDENT
- Phone
- (212) 313-1371
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
THE SIFMA FOUNDATION IS DEDICATED TO FOSTERING KNOWLEDGE AND UNDERSTANDING OF THE FINANCIAL MARKETS FOR INDIVIDUALS OF ALL BACKGROUNDS (CONTINUED ON SCHEDULE O)WITH A FOCUS ON YOUTH. DRAWING ON THE SUPPORT AND EXPERTISE OF THE FINANCIAL INDUSTRY, THE SIFMA FOUNDATION PROVIDES FINANCIAL EDUCATION PROGRAMS AND TOOLS THAT STRENGTHEN ECONOMIC OPPORTUNITY ACROSS COMMUNITIES AND INCREASE INDIVIDUALS' AWARENESS OF AND ACCESS TO THE BENEFITS OF THE GLOBAL MARKETPLACE.
Program accomplishments
- SEE SCHEDULE OTHE STOCK MARKET GAME (TM)SIFMA FOUNDATION'S FLAGSHIP INITIATIVE, THE STOCK MARKET GAME, IS A BELOVED PROJECT-BASED FINANCIAL EDUCATION PROGRAM USED IN CLASSROOMS AND EDUCATIONAL SETTINGS. STARTING WITH A VIRTUAL CASH ACCOUNT OF $100,000, STUDENT TEAMS STRIVE TO CREATE THE BEST PERFORMING PORTFOLIO OF BONDS, STOCKS, MUTUAL FUNDS, ETFS AND ESG INVESTMENTS DURING THE 3 THROUGH 8 MONTH COMPETITION. SMG ENGAGES YOUTH IN LEARNING THAT LEADS TO HIGHER TEST SCORES IN ECONOMICS, MATH AND PERSONAL FINANCE, AND LIFE SKILLS LEARNING. A NATIONALLY RANDOMIZED, DOUBLE-BLIND STUDY FUNDED BY THE FINRA FOUNDATION FOUND THAT THE STOCK MARKET GAME PROGRAM SUBSTANTIALLY IMPROVED STUDENT PERFORMANCE ON STANDARDIZED MATH TESTS AND IMPROVED STUDENT INVESTOR KNOWLEDGE, WHILE ALSO INCREASING TEACHERS LIKELIHOOD OF RESEARCHING AND PLANNING FOR THEIR OWN RETIREMENT. INVESTWRITE (R)SIFMA FOUNDATION'S NATIONAL ESSAY COMPETITION, INVESTWRITE, EXTENDS WHAT STUDENTS LEARN IN SMG BY CHALLENGING THEM TO REVIEW A LONG-TERM INVESTMENT SCENARIO AND MAKE ANALYST-STYLE RECOMMENDATIONS. PARTICIPANTS WORK INDIVIDUALLY AND EXPLORE CONCEPTS OF SAVING AND INVESTING, ASSET ALLOCATION, AND CORPORATE GOVERNANCE, WHILE REINFORCING THEIR ELA SKILLS. EACH YEAR, THOUSANDS OF INDUSTRY PROFESSIONALS VOLUNTEER AS INVESTWRITE JUDGES TO SELECT AND ACKNOWLEDGE THE BEST ESSAYS. CAPITOL HILL CHALLENGE (TM)THE CAPITOL HILL CHALLENGE (CHC) IS A SPECIAL EDITION OF THE SMG THAT MATCHES US MEMBERS OF CONGRESS WITH STUDENT TEAMS IN THEIR DISTRICT'S PUBLIC AND UNDERSERVED SCHOOLS. CHC ENHANCES PARTICIPANTS' FINANCIAL AND CIVICS EDUCATION AND GIVES MEMBERS OF CONGRESS AN OPPORTUNITY TO ENGAGE WITH LOCAL SCHOOLS, EDUCATION LEADERS, AND FINANCIAL INSTITUTIONS SUPPORTING YOUTH FINANCIAL EDUCATION IN THEIR COMMUNITIES. SINCE 2014, 100% CONGRESS HAS PARTICIPATED IN CHC. INVEST IT FORWARD (R)AN INDUSTRY-WIDE, SKILLS-BASED VOLUNTEER PROGRAM, INVEST IT FORWARD (IIF) FOSTERS CAREER EXPLORATION, MENTORSHIP AND INDUSTRY PARTNERSHIPS FOR YOUTH AND EDUCATORS. VOLUNTEERS FROM THE PRIVATE SECTOR PARTNER WITH SCHOOLS TO EXPOSE STUDENTS TO NEW CAREER PATHWAYS AND DEEPEN THEIR UNDERSTANDING OF THE FINANCIAL INDUSTRY AND OPPORTUNITIES. IIF PROVIDES INTERACTIVE CONTENT TO FACILITATE VOLUNTEERS' VIRTUAL OR IN-PERSON PRESENTATIONS, COMPLEMENT THE SMG, INSPIRE REAL-WORLD DISCUSSIONS, AND BUILD TEACHERS' INSIGHTS AND CONFIDENCE. MATERIALS AND SUPPORT ARE PROVIDED TO VOLUNTEERS TO MAXIMIZE THE IMPACT OF THEIR INVOLVEMENT.SMG INVEST QUESTA FULLY DIGITAL EXPERIENCE, SMG IQ, IS A 30-MINUTE ONLINE INVESTING SIMULATION THAT EMPHASIZES ASSET ALLOCATION, DIVERSIFICATION, AND LONG-TERM INVESTING. SMG IQ INCORPORATES FUNDAMENTAL DEFINITIONS AND CONCEPTS RELATED TO INVESTING, WHILE PRESENTING UNIQUE INVESTMENT CHOICES, HELPFUL TIPS, AND INDUSTRY NEWS TO CONSIDER THROUGH A FIVE-YEAR SPAN OF REAL MARKET ACTIVITY. IN ITS FIRST YEAR, 125,000 SMG IQ GAMES WERE COMPLETEDExpenses $4,133,137 · grants $21,468 · revenue $351,330
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
IRS record
- EIN
- 52-1087193
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1977
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Social science (V22)
- Assets (IRS master file)
- $12,417,310
- Income (IRS master file)
- $5,639,276
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $5,445,461 | $4,878,410 | $12,417,310 | XML |
| 990 | October 2024 | $4,626,807 | $5,132,214 | $11,081,937 | XML |
| 990 | October 2023 | $5,227,293 | $5,350,848 | $10,295,181 | XML |
| 990 | October 2022 | $3,830,938 | $4,143,746 | $10,117,880 | IRS |
| 990 | October 2021 | $3,648,885 | $4,000,644 | $11,930,027 | XML |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 2018 | – | – | – | 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 52-1087193).
Questions about SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC
- What is the EIN of SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC?
- The employer identification number (EIN) of SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC is 52-1087193.
- Is SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC 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 SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC?
- The 990 for the year ended October 31, 2025 names MELANIE MORTIMER.
- Who are the officers and directors of SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC?
- The 990 for the year ended October 31, 2025 lists 23 people; 6 received compensation from the organization, the highest $452,596 (MELANIE MORTIMER, PRESIDENT, SECRETARY).
- How much revenue does SIFMA FOUNDATION FOR INVESTOR EDUCATION FIE INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $5,445,461, expenses of $4,878,410 and total assets of $12,417,310 at year end.
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