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        <ProgramServicesAmt>38949</ProgramServicesAmt>
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        <ProgramServicesAmt>1110056</ProgramServicesAmt>
        <ManagementAndGeneralAmt>135775</ManagementAndGeneralAmt>
        <FundraisingAmt>106395</FundraisingAmt>
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      <SavingsAndTempCashInvstGrp>
        <BOYAmt>434597</BOYAmt>
        <EOYAmt>281451</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <PledgesAndGrantsReceivableGrp>
        <BOYAmt>11128</BOYAmt>
        <EOYAmt>191300</EOYAmt>
      </PledgesAndGrantsReceivableGrp>
      <AccountsReceivableGrp>
        <BOYAmt>51495</BOYAmt>
        <EOYAmt>88576</EOYAmt>
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      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>5823</BOYAmt>
        <EOYAmt>303711</EOYAmt>
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      <TotalAssetsGrp>
        <BOYAmt>503043</BOYAmt>
        <EOYAmt>865038</EOYAmt>
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      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>117858</BOYAmt>
        <EOYAmt>122919</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <DeferredRevenueGrp>
        <BOYAmt>169658</BOYAmt>
        <EOYAmt>324357</EOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>287516</BOYAmt>
        <EOYAmt>447276</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
      <UnrestrictedNetAssetsGrp>
        <BOYAmt>21590</BOYAmt>
        <EOYAmt>80355</EOYAmt>
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      <TemporarilyRstrNetAssetsGrp>
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        <EOYAmt>337407</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>215527</BOYAmt>
        <EOYAmt>417762</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>503043</BOYAmt>
        <EOYAmt>865038</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>202235</ReconcilationRevenueExpnssAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="00000002" softwareId="17005306">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
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        <CurrentTaxYearMinus3YearsAmt>736366</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>1266359</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>1388391</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>1451211</CurrentTaxYearAmt>
        <TotalAmt>6069291</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
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        <CurrentTaxYearMinus3YearsAmt>736366</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>1266359</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>1388391</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>1451211</CurrentTaxYearAmt>
        <TotalAmt>6069291</TotalAmt>
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      <PublicSupportTotal170Amt>6069291</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
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        <CurrentTaxYearMinus3YearsAmt>1950</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>1829</CurrentTaxYearMinus2YearsAmt>
        <TotalAmt>6255</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <TotalSupportAmt>6075546</TotalSupportAmt>
      <PublicSupportCY170Pct>0.99900</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.99880</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
      <PublicSupportTotal509Amt>0</PublicSupportTotal509Amt>
      <PublicSupportCY509Pct>0</PublicSupportCY509Pct>
      <InvestmentIncomeCYPct>0</InvestmentIncomeCYPct>
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    <IRS990ScheduleB documentId="00000003" />
    <IRS990ScheduleD documentId="00000004" softwareId="17005306" />
    <IRS990ScheduleF documentId="00000005" softwareId="17005306">
      <GrantRecordsMaintainedInd>false</GrantRecordsMaintainedInd>
      <AccountActivitiesOutsideUSGrp>
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        <OfficesCnt>1</OfficesCnt>
        <EmployeeCnt>15</EmployeeCnt>
        <TypeOfActivitiesConductedTxt>ECONOMICS GRADUATE PROGRAM</TypeOfActivitiesConductedTxt>
        <SpecificServicesProvidedTxt>GRADUATE PROGRAM</SpecificServicesProvidedTxt>
        <RegionTotalExpendituresAmt>1352226</RegionTotalExpendituresAmt>
      </AccountActivitiesOutsideUSGrp>
      <SubtotalOfficesCnt>1</SubtotalOfficesCnt>
      <SubtotalEmployeesCnt>15</SubtotalEmployeesCnt>
      <TotalOfficeCnt>1</TotalOfficeCnt>
      <TotalEmployeeCnt>15</TotalEmployeeCnt>
      <SubtotalSpentAmt>1352226</SubtotalSpentAmt>
      <TotalSpentAmt>1352226</TotalSpentAmt>
      <TransferToForeignCorpInd>false</TransferToForeignCorpInd>
      <InterestInForeignTrustInd>false</InterestInForeignTrustInd>
      <ForeignCorpOwnershipInd>false</ForeignCorpOwnershipInd>
      <PassiveForeignInvestmestCoInd>false</PassiveForeignInvestmestCoInd>
      <ForeignPartnershipInd>false</ForeignPartnershipInd>
      <BoycottCountriesInd>false</BoycottCountriesInd>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt I Line 2</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL GRANTS THAT ARE USED OUTSIDE OF THE UNITED STATES ARE GRANTED TO KSE GROUP ENTITIES WHICH ARE CONTROLLED AND MONITORED BY KSE.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleF>
    <IRS990ScheduleO documentId="00000006" softwareId="17005306">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION PROVIDES A COMPLETE COPY OF THE FORM 990 TO THE MEMBERS OF ITS GOVERNING BOARD FOR THEIR REVIEW PRIOR TO FILLING THE RETURN.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION REGULARLY REVIEWS AND MAKES CHANGES TO THE CONFLICT OF INTERST POLICY AS NEEDED. THE BOARD ALSO CLOSELY MONITORS TRANSACTIONS FOR CONFLICTS OF INTEREST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION DETERMINES COMPENSATION BY REVIEW AND APPROVAL BY INDEPENDENT PERSONS USING COMPARABLE DATA.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FORM 990 AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION DETERMINES COMPENSATION BY REVIEW AND APPROVAL BY INDEPENDENT PERSONS USING COMPARABLE DATA.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="00000007" softwareId="17005306">
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>KSE CHARITABLE FOUNDATION</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>C/O EERC 1350 CONNECTICUT AVENUE</AddressLine1Txt>
          <CityNm>WASHINGTON</CityNm>
          <StateAbbreviationCd>DC</StateAbbreviationCd>
          <ZIPCd>20036</ZIPCd>
        </USAddress>
        <PrimaryActivitiesTxt>SUPPORT ECONOMISC EDUCATION AND RESERACH CONSORTIUM INC.</PrimaryActivitiesTxt>
        <LegalDomicileForeignCountryCd>UP</LegalDomicileForeignCountryCd>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>ECONOMICS EDUCATION AND RESERACH CONSORTIUM</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
    </IRS990ScheduleR>
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</Return>