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Financial Education & Research Foundation Inc

EIN 23-7063497 · Morristown, NJ

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceGood88 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SEE SCHEDULE O

Income
$3.6 million
Spending
$3.9 million
Spent on programs
64%
Reserves
12.1 months of spending
Largest source of income
fees for its services, 86%
Employees
0
Volunteers
3
Highest pay
$628,102, pres./ceo-trustee:ex-officio

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 78 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 12.1 months of spending.

  • Debt

    16 of 20

    It owes 19% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 7% of income.

  • Income trend

    15 of 15

    Income rose 3% on the year before.

  • Spending floor

    8 of 15

    64% of spending went to programs and raising each dollar of donations cost 39 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 88 out of 100.

  • Independent board

    18 of 25

    3 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $1.8 million spent. THE FOUNDATION PRODUCED 14 EVENTS AND DEEP-DIVE TECHNICAL TRAINING WORKSHOPS, ALONG WITH 25 WEBINARS WITH FEI'S MARKETING PARTNERS TO FURTHER THE PROFESSIONAL DEVELOPMENT AND GROWTH OF MEMBERS AND ATTENDEES (APPROXIMATELY 12,300 REGISTRANTS).
  2. $701,971 spent. The Foundation published and produced executive reports with distribution methods that create interactive content and conversations around topics and thought leadership, engaging FEI members and the profession at large throughout the research cycle. FEI DAILY DELIVERS FINANCIAL, BUSINESS, AND MANAGEMENT NEWS, AND TRENDS AND STRATEGIES TO HELP FINANCIAL LEADERS WORK BETTER, FASTER, AND SMARTER. FERF'S TEAM OF EXPERT CONTRIBUTORS OFFERS ANALYSIS, TIPS, AND INSIGHTS INTO BEST PRACTICES AND THE CHANGING REGULATORY LANDSCAPE. THE HOME PAGE PROVIDES AT-A-GLANCE NEWS AND INFORMATION REFLECTING THE LATEST DEVELOPMENTS IN FINANCIAL REPORTING, GOVERNANCE AND OTHER CRITICAL TOPICS FOR FINANCIAL LEADERS. THE FEI WEEKLY EMAIL IS SHARED WITH MEMBERS AND SUBSCRIBERS, PROVIDING A ROUND-UP OF IMPORTANT NEWS THAT'S TOP OF MIND OF FINANCE LEADERS. NEW EPISODES OF THE FEI WEEKLY PODCAST ARE AVAILABLE VIA THE HOMEPAGE. DELIVERED IN AN AUDIO DIGEST FORMAT, THESE EPISODES SPOTLIGHT IDEAS AND STRATEGIES SPECIFICALLY CURATED FOR FINANCIAL LEADERS. FEI ENGAGE IS DESIGNED TO HELP THE NEXT GENERATION OF FINANCIAL PROFESSIONALS SEEKING TO INTERACT WITH LIKE-MINDED FINANCE SPECIALISTS WITH A SPECIAL FOCUS ON INDUSTRY KNOWLEDGE, PURPOSE DRIVEN CAREERS AND INCLUSIVE WORKPLACES.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1946.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.