Logo for "FOUNDATION FOR FREE ENTERPRISE EDUCATION"

FOUNDATION FOR FREE ENTERPRISE EDUCATION

FOUNDATION FOR FREE ENTERPRISE EDUCATION

ERIE, PA, US
501(c)(3)
EIN
25-1394365
Logo for "FOUNDATION FOR FREE ENTERPRISE EDUCATION"

FOUNDATION FOR FREE ENTERPRISE EDUCATION

ERIE, PA, US
501(c)(3)
EIN
25-1394365

Overview

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Est.

1979

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

The Foundation for Free Enterprise Education (EIN: 25-1394365) is a nonprofit organization dedicated to enhancing the understanding of Pennsylvania's youth regarding their roles in the American free enterprise system. With an operating budget of $1.5 million and total revenue of $2.1 million, the foundation offers high-quality, hands-on educational experiences, including serving as the exclusive Pennsylvania coordinator for the Stock Market Game, an interactive program for students in grades 4-12 that teaches about global capital markets, investing, and personal finance. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.pfew.org.

Mission Statement

TO HEIGHTEN THE AWARENESS OF PENNSYLVANIA'S YOUTH ABOUT THEIR FUTURE ROLE IN THE AMERICAN FREE ENTERPRISE SYSTEM BY DELIVERING HIGH-QUALITY AND PRACTICAL HANDS-ON EDUCATIONAL EXPERIENCES. THE FOUNDATION ALSO BECAME THE EXCLUSIVE PENNSYLVANIA COORDINATOR FOR THE STOCK MARKET GAME (SMG). SMG IS AN INTERNATIONALLY ACCLAIMED INTERACTIVE IN-SCHOOL PROGRAM THAT TEACHES STUDENTS IN GRADES 4-12 ABOUT GLOBAL CAPITAL MARKETS, INVESTING AND PERSONAL FINANCE.
Revenues

$2.1M

Expenses

$1.5M

Net Income:
+$568.6K
Assets

$7.9M

Liabilities

$444.6K

Net Assets:
+$7.5M
Operating Budget

$1.5M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

21

Median grant size
$7.5K
Largest grant received
$354.6K
K
Karen M Musante
Board Member
M
Mark a Karenchak
Board Member
K
Kevin W Davis
Board Member

Frequently Asked Questions

What is FOUNDATION FOR FREE ENTERPRISE EDUCATION’s budget?
In 2024, FOUNDATION FOR FREE ENTERPRISE EDUCATION reported an annual operating budget of around $1.5 million. More detailed financial information is available to registered users.
What causes does FOUNDATION FOR FREE ENTERPRISE EDUCATION support?
FOUNDATION FOR FREE ENTERPRISE EDUCATION supports work in Education and Economics for youth.
Where does FOUNDATION FOR FREE ENTERPRISE EDUCATION operate?
FOUNDATION FOR FREE ENTERPRISE EDUCATION is headquartered in ERIE, PA.
Who funded FOUNDATION FOR FREE ENTERPRISE EDUCATION recently?
In 2025, FOUNDATION FOR FREE ENTERPRISE EDUCATION received grants from AMERICAN ONLINE GIVING FOUNDATION INC, The Mill Spring Foundation, and THE FOUNDATION FOR ENHANCING COMMUNITIES. More information on this organization’s funders is available to registered users.
What is the largest grant FOUNDATION FOR FREE ENTERPRISE EDUCATION received in 2024?
The largest grant to FOUNDATION FOR FREE ENTERPRISE EDUCATION in 2024 exceeds $355 thousand.
Overview
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