Foundation for Economic Education, Inc.

FEE makes the ideas of liberty familiar, credible, and compelling to the rising generation.

aka FEE   |   Atlanta, GA   |  FEE.org

Mission

FEE strives to bring about a world in which the economic, legal, and ethical principles of a free society are familiar, credible, and compelling to the rising generation. These principles include individual liberty, free-market economics, entrepreneurship, private property, and strong personal character.

Ruling year info

1947

President

Mr. Zilvinas Silenas

Executive Vice President

Mr. Richard N. Lorenc

Main address

1819 Peachtree Road NE Suite 300

Atlanta, GA 30309 USA

Show more contact info

EIN

13-6006960

NTEE code info

Research Institutes and/or Public Policy Analysis (B05)

Economics (as a Social Science) (V22)

Other Youth Development N.E.C. (O99)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

We believe that political and economic change is downstream of cultural change. In other words, we believe that we must change the culture before we can expect to see free-market solutions deployed in the economy, government, and culture. This is why since 2008, FEE has narrowed our focus to specialize on educating young “newcomers," or those previously unaware of the principles of a free society: individual liberty, entrepreneurship, free-market economics, and personal character. To accomplish this mission, FEE uses a variety of leveraged and scalable programs in an effort to mold the lens through which young people view the world.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Student Seminars and Webinars

Each year, FEE conducts seminars and webinars for high school and college students worldwide that educate on the economics, politics, and philosophy of a free society. We combine the economics with the moral and personal character side of a free society. Our students are relative newcomers who show potential to be future leaders and activists behalf of economic freedom and strong personal character.

Outside of the pandemic, FEE hosts one-day seminars across the country every year, primarily reaching high school students in the classroom. These seminars offer students an introduction to the principles of free enterprise, rule of law, private property, and entrepreneurship, finding ways to apply these concepts to the students' everyday lives.

Population(s) Served
Students
Adolescents
Preteens

FEE.org is the world's home for fresh, daily content that explores the economic, legal, and ethical principles of a free society.

Daily, FEE.org publishes articles exploring economics, current events, philosophy, entrepreneurship, innovation, and more.

Population(s) Served
Adolescents
Preteens
Students

FEE is a global leader in the production of award-winning media that explores the economic, legal, and ethical principles of a free society.

The bulk of FEE's videos are intended to reach youth audiences around the world that are currently unaware of or indifferent toward the principles of a free society. We seek to educate and inspire them with free-market principles, and guide them along a journey to discovering freedom as a life philosophy.

Population(s) Served
Adults
Students
Preteens
Adolescents

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of students at educational seminars

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Adolescents

Related Program

Student Seminars and Webinars

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

FEE is a leader in educational seminars for youth. Our seminars focus on youth who are unaware of ideas on freedom, inspiring them to view freedom as a life philosophy grounded in ethical character.

Number of educational seminars held

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Adolescents

Related Program

Student Seminars and Webinars

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

FEE hosts dozens of One-Day Seminars in high schools throughout the year as well as hundreds of webinars. These programs are exclusively for high school and college students.

Number of Facebook followers

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Adolescents

Related Program

Online Content

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of website sessions

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Adolescents

Related Program

Online Content

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

FEE.org has experienced unprecedented growth in recent years, making it one of the world’s most trafficked sites for the ideas of freedom.

Video minutes viewed

This metric is no longer tracked.
Totals By Year
Population(s) Served

Students, Adolescents, Preteens

Related Program

AV Media

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

By producing and strategically marketing videos and social media that creatively address timely topics, we are successfully engaging millions of individuals on YouTube (these metrics) and elsewhere.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

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. Ultimately, FEE's messages and programs generate "ah-ha!" moments and intellectual breakthroughs that inspire young people to pursue lives dedicated to individual freedom.

FEE works with young newcomers on their intellectual journeys through ideas on liberty. We reach out broadly, beyond our immediate circles, through digital marketing of introductory content and our 75-year archive of classic materials. Students move on to our library of books and pamphlets, which we make available by hand-to-hand distribution on campus. For a more intensive experience of the freedom philosophy, we offer a variety of lectures and seminars, and facilitate connections to likeminded organizations for deeper study.

FEE's 75-year experience educating young people is unmatched in: (A) producing and distributing publications and coursework introducing young "newcomers" to the freedom philosophy, and (B) organizing personal experiences with these ideas through workshops, classroom resources, and in-person seminars. FEE's intellectual resources include a faculty network of over 200 scholars from across the world.

Since 1946 FEE has set the tone for economic and political philosophical discourse in the United States through seminars, publications, and FEE.org.

Among FEE's accomplishments are:
• 30,000+ seminar alumni, many of whom have become influential leaders in the non-profit, corporate, and academic industries;
• Revival and mass distribution of many of the classic texts of classical liberalism, including Frédéric Bastiat's The Law and Henry Hazlitt's Economics In One Lesson;
• Publication of dozens of books and monographs on the free society, including the classic essay "I, Pencil" and newer publications such as Excuse Me, Professor: Challenging the Myths of Progressivism and Real Heroes: Inspiring True Stories of Courage, Character, and Conviction, and;
• Millions of readers and viewers of FEE materials worldwide.

We seek to accomplish:
• FEE.org will become the Internet's top destinations for information on economic thinking and a free and civil society;
• FEE will partner with other organizations that also seek to enlighten students' minds and prepare them to create opportunities for themselves and others;
• FEE will be among the leading communicators of the ideas of economics, entrepreneurship, personal character, and liberty, messaging directly to under-served audiences, and;
• FEE will become one of the world's leading distributors of stories, media, classics, and other perspectives on the free society.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • Who are the people you serve with your mission?

    Students globally aged 14-22.

  • How is your organization collecting feedback from the people you serve?

    Electronic surveys (by email, tablet, etc.), Paper surveys, Focus groups or interviews (by phone or in person),

  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals,

  • What significant change resulted from feedback?

    Added new programming around financial literacy.

  • With whom is the organization sharing feedback?

    Our staff, Our board, Our funders,

  • How has asking for feedback from the people you serve changed your relationship?

    Many grant making foundations require customer feedback.

  • Which of the following feedback practices does your organization routinely carry out?

    We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We act on the feedback we receive,

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, It is difficult to get honest feedback from the people we serve,

Financials

Foundation for Economic Education, Inc.
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Foundation for Economic Education, Inc.

Board of directors
as of 4/6/2021
SOURCE: Self-reported by organization
Board chair

Mr. Wayne Olson

Foundation for Economic Education

Term: 2018 - 2021

James Bond

Thomas Graham

Michael Yashko

Roetzel & Andress

Chris Talley

Goodrich Foundation

Sarah Atkins

J.P. Humphreys Foundation

Thomas Armstrong

Armstrong Foundation

Frederic Fransen

Donor Advising, Research & Educational Services

Dan Grossman

Atlas Network

Fred Reams

Reams Foundation

Martin Gallun

MetalCraft of Mayville

Jake Lilley

Roger Ream

The Fund for American Studies

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 4/6/2021,

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Gay, Lesbian, Bisexual, or other sexual orientations in the LGBTQIA+ community
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 04/06/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
Policies and processes
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.