Public Charity

THE FOUNDATION FOR RESEARCH ON EQUAL OPPORTUNITY

THE FOUNDATION FOR RESEARCH ON EQUAL OPPORTUNITY is a Public Charity headquartered in AUSTIN, TX. Financial data from the 2024 filing: $3.1M revenue, $2.6M expenses, $855K total assets. 31 publicly reported grants to this organization, totaling roughly $3.1M, appear in IRS filings.

EIN: 812699310 AUSTIN, TX Research Institutes & Public Policy Analysis NTEE: S05 Latest filing: 2024
Total Revenue$3.1M
Total Expenses$2.6M
Total Assets$855K
Grant Records31
Funding Total$3.1M
Filing Years2019–2024

Mission

THE FOUNDATION FOR RESEARCH ON EQUAL OPPORTUNITY SEEKS TO EXPAND ECONOMIC OPPORTUNITY TO THOSE WHO LEAST HAVE IT, USING THE TOOLS OF INDIVIDUAL LIBERTY, FREE ENTERPRISE, TECHNOLOGICAL INNOVATION, AND PLURALISM. FREOPP DEPLOYS THE NATION'S LEADING PUBLIC POLICY SCHOLARS TO SERVE THE MISSION. ALL RESEARCH CONDUCTED BY FREOPP CONSIDERS THE IMPACT OF PUBLIC POLICIES AND PROPOSED REFORMS ON THOSE WITH INCOMES OR WEALTH BELOW THE U.S. MEDIAN.

Where $100 goes at The Foundation for Research on Equal Opportunity

How The Foundation for Research on Equal Opportunity divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$72 Programs the work itself
$17 Management running the organization
$11 Fundraising raising the next dollar

Inside the $72 for programs

$34
Communications outreach
47% of program spending
$21
Healthcare general
29% of program spending
$17
Education
24% of program spending
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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

2024
FOR RECIPIENT'S EXEMPT PURPOSE
$50,000
2024
GENERAL SUPPORT
$50,000
2024
PUBLIC, SOCIETAL BENEFIT
$40,000
2024
For grant recipient's exempt purposes
$26,500
$17,640

Showing up to 5 of 31 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Ames Brown
PRESIDENT / BOARD MEMBER Avik Roy
BOARD MEMBER Frank Laukien
CHAIRMAN OF THE BOARD Jonathan Bush
BOARD MEMBER Lanhee Chen
BOARD MEMBER Michael Miltenberger

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,834,206 24 grants
Economic Development
$180,000 1 grant
Research & Policy
$50,400 2 grants
Education
$27,500 2 grants
Human & Social Services
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.1M $2.6M $855K
2023 $3.2M $2.7M $1.8M
2022 $2.0M $1.8M $912K
2020 $988K $947K $226K
2019 $827K $833K $158K

Between 2019 and 2024, reported annual revenue grew from $827K to $3.1M (+272%), with total assets most recently reported at $855K.

Interactive year-over-year charts and full filing details available with membership.

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