Mission
The Foundation for Rational Economics & Education, Inc. (F.R.E.E.) is a non-partisan organization dedicated to public education on the principles of free-market economics, sound money & limited government.
Public Charity
Foundation for Rational Economics and Education Inc
Based in Lake Jackson, TX, Foundation for Rational Economics and Education Inc operates as a Public Charity. The organization reported $735K in revenue, $853K in expenses, $921K in total assets for fiscal year 2024. Imperigo tracks 13 reported grant relationships connected to this organization totaling approximately $163K.
EIN: 742066841
Lake Jackson, TX
Television
NTEE: A32
Latest filing: 2024
Total Revenue$735K
Total Expenses$853K
Total Assets$921K
Grant Records13
Funding Total$163K
Filing Years2019–2024
Where $100 goes at Foundation for Rational Economics and Education Inc
How Foundation for Rational Economics and Education Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$51
Programs
the work itself
$41
Management
running the organization
$8
Fundraising
raising the next dollar
Inside the $51 for programs
$51
Continued emphasis on the education of economic & social issues through publications and broadcasts
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
SCHOLARSHIPS
$10,000
ARTS, CULTURE & HUMANITIES
$5,800
for general operations
$27,000
GENERAL SUPPORT
$5,092
GENERAL SUPPORT
$9,352
Showing up to 5 of 13 total records — full history available with membership.
Officers & Directors
PRESIDENT & SEC
Carol Paul
SPECIAL PROJECTS DIRECTOR
Daniel Mcadams
VP/TREASURER
Ronald W Paul
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $735K | $853K | $921K |
| 2023 | $769K | $847K | $1.0M |
| 2022 | $643K | $809K | $1.1M |
| 2020 | $1.0M | $574K | $1.2M |
| 2019 | $558K | $508K | $714K |
Between 2019 and 2024, reported annual revenue grew from $558K to $735K (+32%), with total assets most recently reported at $921K.
Interactive year-over-year charts and full filing details available with membership.