FOUNDATION FOR RATIONAL ECONOMICS AND EDUCATION INC

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Cite this

Plain text FOUNDATION FOR RATIONAL ECONOMICS AND EDUCATION INC. furp.org, nonprofit organization profile, tax years 2019–2024. https://furp.org/org/foundation-for-rational-economics-and-education-inc-742066841. Retrieved 2026-11-04.

APA furp.org. (n.d.). FOUNDATION FOR RATIONAL ECONOMICS AND EDUCATION INC [Nonprofit organization profile; tax years 2019–2024]. Retrieved November 4, 2026, from https://furp.org/org/foundation-for-rational-economics-and-education-inc-742066841

MLA “FOUNDATION FOR RATIONAL ECONOMICS AND EDUCATION INC.” furp.org, tax years 2019–2024, https://furp.org/org/foundation-for-rational-economics-and-education-inc-742066841. Accessed 4 Nov. 2026.

Retrieved 2026-11-04; covers tax years 2019–2024. Data: furp.org, CC BY 4.0.

2024 · Form 990 · revenue $735K · expenses $853K · assets $921K

EIN
74-2066841
Address
PO BOX 1776, LAKE JACKSON, TX 77566-1776
NTEE code
A32Z
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
January 1980 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗
Foundation status
Public charity supported by the public (170(b)(1)(a)(vi))
Cross-check
ProPublica Nonprofit Explorer

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.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

1 person paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Daniel Mcadams SPECIAL PROJECTS DIRECTOR2019-2024 $146,000$788,000 1

Officers and directors, no compensation reported

3 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Carol Paul PRESIDENT & SEC2019-2024 3 $0 reported 1
Ronald W Paul VP/TREASURER2021-2024 1 $0 reported 1
Lori Pyeatt (former) VP & TREASURER2019-2020 3 $0 reported 1

People by year

2024 · 3 people listed · 1 paid, $146K · 5 employees · 5 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
DANIEL MCADAMS SPECIAL PROJECTS DIRECTOR50 $146,000$0$0 $146,0001
CAROL PAUL PRESIDENT & SEC3 $0$0$0 $01
RONALD W PAUL VP/TREASURER1 $0$0$0 $01
2023 · 3 people listed · 1 paid, $146K · 5 employees · 5 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
DANIEL MCADAMS SPECIAL PROJECTS DIRECTOR50 $146,000$0$0 $146,0001
CAROL PAUL PRESIDENT & SEC3 $0$0$0 $01
RONALD W PAUL VP/TREASURER1 $0$0$0 $01
2022 · 3 people listed · 1 paid, $134K · 4 employees · 5 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
DANIEL MCADAMS SPECIAL PROJECTS DIRECTOR50 $133,500$0$0 $133,5001
CAROL PAUL PRESIDENT & SEC3 $0$0$0 $01
RONALD W PAUL VP/TREASURER1 $0$0$0 $01
2021 · 3 people listed · 1 paid, $116K · 4 employees · 5 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
DANIEL MCADAMS SPECIAL PROJECTS DIRECTOR50 $116,000$0$0 $116,0001
CAROL PAUL PRESIDENT & SEC3 $0$0$0 $01
RONALD W PAUL VP/TREASURER1 $0$0$0 $01
2020 · 3 people listed · 1 paid, $116K · 4 employees · 5 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
DANIEL MCADAMS SPECIAL PROJECTS DIRECTOR50 $116,000$0$0 $116,0001
CAROL PAUL PRESIDENT & SEC3 $0$0$0 $01
LORI PYEATT VP & TREASURER3 $0$0$0 $01
2019 · 3 people listed · 1 paid, $130K · 4 employees · 5 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
DANIEL MCADAMS SPECIAL PROJECTS DIRECTOR50 $130,500$0$0 $130,5001
CAROL PAUL PRESIDENT & SEC3 $0$0$0 $01
LORI PYEATT VP & TREASURER3 $0$0$0 $01

Highest-paid independent contractors

No independent contractors reported.

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990 period ending 2024-12-31 · view filing · original 990 ↗
$734,831$853,493 $920,893$920,893 $693,946$18,730 $146,00055
2023 · Form 990 period ending 2023-12-31 · view filing · original 990 ↗
$769,045$847,329 $1,039,555$1,039,555 $700,640$56,142 $146,00055
2022 · Form 990 period ending 2022-12-31 · view filing · original 990 ↗
$643,067$808,630 $1,117,838$1,117,838 $580,375$52,221 $133,50045
2021 · Form 990 period ending 2021-12-31 · view filing · original 990 ↗
$784,546$678,269 $1,283,401$1,283,401 $721,391$26,436 $116,00045
2020 · Form 990 period ending 2020-12-31 · view filing · original 990 ↗
$1,037,366$574,077 $1,177,124$1,177,124 $993,612$0 $116,00045
2019 · Form 990 period ending 2019-12-31 · view filing · original 990 ↗
$558,384$508,278 $713,835$713,835 $541,919$2 $130,49945

Funders of this organization

11 grantors reported grants to this organization, $180,982 in all, tax years 2013 to 2025. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

GrantorTypeMatchYears givenGrantsTotalLatest yearLatest year's amountGrants
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor Exact 2019 1$51,100 2019$51,100
show
FORGOOD INC DAF sponsor Exact 2019-2021 3$27,119 2021$5,726
show
DONORS TRUST INC DAF sponsor Exact 2023 1$27,000 2023$27,000
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PAYPAL CHARITABLE GIVING FUND DAF sponsor Exact 2018, 2020-2021 3$25,690 2021$8,848
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NATIONAL CHRISTIAN CHARITABLE FOUNDATION DAF sponsor Exact 2013, 2015-2016, 2018 4$18,000 2018$2,000
show
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor Exact 2021-2022 2$14,444 2022$5,092
show
HUFFINES LIBERTY FOUNDATION Public charity Exact 2025 1$10,000 2025$10,000
show
DONOR ADVISED CHARITABLE GIVING DAF sponsor Exact 2024 1$5,800 2024$5,800
show
AMAZONSMILE FOUNDATION Private foundation Fuzzy filed as “FOUNDATION FOR RATIONAL ECONOMICS AND EDUCATION INC” 2020-2023 4$1,529 2023$367
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ARTHUR J GALLAGHER FOUNDATION Private foundation Fuzzy filed as “FOUNDATION FOR RATIONAL ECONOMICS AND EDUCATION INC” 2024 1$150 2024$150
show
CELANESE FOUNDATION Private foundation Fuzzy filed as “FOUNDATION FOR RATIONAL ECONOMICS AND EDUCATION INC” 2020 1$150 2020$150
show

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
CELEBRATION TV AMERICA INCTXA32 $860,478$824,525 DIRECTOR$0 Same NTEE code A32, revenue within 2x, same state
MERCY INTERNATIONALTXA32 $1,312,369$1,388,198 President$0 Same NTEE code A32, revenue within 2x, same state
JACKSONVILLE EDUCATORS BROADCASTING INCTXA32 $1,434,252$1,664,655 PRESIDENT/CH$907,645 Same NTEE code A32, revenue within 2x, same state
CHRISTIAN MINISTRIES OF THE VALLEY INCTXA32 $1,070,454$1,177,991 BOARD MEMBER$0 Same NTEE code A32, revenue within 2x, same state
HOUSTON MEDIA SOURCE INCTXA32 $1,197,464$1,807,076 Executive Director to 10/24$96,546 Same NTEE code A32, revenue within 2x, same state
GO INCTXA32 $728,270$825,576 President$169,306 Same NTEE code A32, revenue within 2x, same state
EDUCATIONAL BROADCASTING FOUNDATION INCLAA32 $1,445,293$1,803,406 Vice President$177,271 Same NTEE code A32, revenue within 2x, similar name
CENTER FOR EDUCATIONAL MEDIAMOA32 $844,987$1,007,085 PRESIDENT$0 Same NTEE code A32, revenue within 2x
DENVER AREA EDUCATIONAL TELECOMMUNICATIONS CONSORTIUM INCCOA32 $1,262,733$1,409,572 VP BROADBAND SERVICES$219,064 Same NTEE code A32, revenue within 2x
WYOMING PBS FOUNDATIONWYA32 $1,008,964$738,720 Executive Dir.$109,917 Same NTEE code A32, revenue within 2x
XCEPTIONAL COMMUNICATIONS INCNYA32 $591,300$436,544 PRESIDENT$0 Same NTEE code A32, revenue within 2x
TAMPA EDUCATIONAL CABLE CONSORTIUM INCFLA32 $643,643$652,755 BOARD MEMBER$0 Same NTEE code A32, revenue within 2x
WESTERN RESERVE CABLE TELEVISION CONSORTIUM INCOHA32 $920,877$891,000 EXECUTIVE DI$167,266 Same NTEE code A32, revenue within 2x
PEABODY ACCESS TELECOMMUNICATIONS INCMAA32 $1,059,934$1,108,894 Executive Director$103,890 Same NTEE code A32, revenue within 2x
SUDBURY ACCESS CORPORATIONMAA32 $556,972$388,367 CLERK$0 Same NTEE code A32, revenue within 2x
QUINCY TELECOMMUNICATIONS CORPORATION INCMAA32 $1,091,257$792,682 EXECUTIVE DI$121,295 Same NTEE code A32, revenue within 2x
FOXBORO CABLE ACCESS INCMAA32 $390,112$458,912 Executive Director$143,254 Same NTEE code A32, revenue within 2x
RANDOLPH COMMUNITY CABLE TELEVISION INCMAA32 $466,306$519,412 President$0 Same NTEE code A32, revenue within 2x
WOBURN PUBLIC MEDIA CENTER INCMAA32 $670,887$826,396 EXEC. DIRECTOR$106,349 Same NTEE code A32, revenue within 2x
FRANKLIN COMMUNITY CABLE ACCESS INCMAA32 $943,448$831,520 Assistant Clerk$90,211 Same NTEE code A32, revenue within 2x
NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATIONMAA32 $930,495$871,687 EXECUTIVE DIRECTOR$120,088 Same NTEE code A32, revenue within 2x
ETHNIC EDUCATION HAWAIIHIA32 $451,524$264,680 PRESIDENT, DIRECTOR$0 Same NTEE code A32, revenue within 2x
CONNECTICUT RADIO INFORMATION SYSTEM INCCTA32 $610,927$615,018 EXECUTIVE DI$91,642 Same NTEE code A32, revenue within 2x
HINGHAM COMMUNITY ACCESS AND MEDIA CORPORATIONMAA32 $795,225$899,098 EXECUTIVE DIRECTOR$100,298 Same NTEE code A32, revenue within 2x
BECK FOUNDATION OF DSAETMNA32 $1,018,068$925,312 SECRETARY/GE$177,528 Same NTEE code A32, revenue within 2x

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
RADIO DRAMA NETWORK INC Private foundation$4,239,0004 12011–2014 CUNY TV FOUNDATION
FIDELITY INVESTMENTS CHARITABLE GIFT FUND funds this one DAF sponsor$1,182,39632 122016–2024 MERCY INTERNATIONAL; KAIROS COMMUNICATION SERVICE INTERNATIONAL; BURLINGTON CABLE ACCESS TELEVISION INC; WYOMING PBS FOUNDATION and 8 more
GREATER HARTFORD GIVES FOUNDATION DAF sponsor$1,076,30932 12016–2024 CONNECTICUT RADIO INFORMATION SYSTEM INC
BERKS COUNTY COMMUNITY FOUNDATION INC DAF sponsor$554,5005 12009–2020 BERKS COMMUNITY TELEVISION
FOTSCH FAMILY FOUNDATION Private foundation$497,0004 12021–2024 WISCONSINEYE PUBLIC AFFAIRS NETWORK INC
WYOMING COMMUNITY FOUNDATION DAF sponsor$402,8458 12018–2024 WYOMING PBS FOUNDATION
HUGHES CHARITABLE FOUNDATION Private foundation$350,0002 12022–2024 WYOMING PBS FOUNDATION
BRADLEY IMPACT FUND INC DAF sponsor$317,0002 12016–2023 WISCONSINEYE PUBLIC AFFAIRS NETWORK INC
THE OJC FUND DAF sponsor$310,2503 12019–2021 CATV INC
JEWISH COMMUNAL FUND DAF sponsor$250,0003 12021–2024 XCEPTIONAL COMMUNICATIONS INC
DONOR ADVISED CHARITABLE GIVING funds this one DAF sponsor$187,35519 52015–2024 KAIROS COMMUNICATION SERVICE INTERNATIONAL; WYOMING PBS FOUNDATION; SKYRIDE UNLIMITED INCORPORATED; DAVIS COMMUNITY TELEVISION and 1 more
THE GREATER NEW ORLEANS FOUNDATION DAF sponsor$175,65614 12011–2024 EDUCATIONAL BROADCASTING FOUNDATION INC
R & R FAMILY FOUNDATION Private foundation$151,1101 12023–2023 CATV INC
ARLENE AND JOSEPH MERAUX CHARITABLE FOUNDATION Private foundation$150,0003 12021–2023 EDUCATIONAL BROADCASTING FOUNDATION INC
THE MIAMI FOUNDATION INC DAF sponsor$146,2688 22019–2025 LOWER CAPE COMMUNITY ACCESS TELEVISION INC; HINGHAM COMMUNITY ACCESS AND MEDIA CORPORATION

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990 · $853,493 spent · pay $514,837 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Pay: disqualified persons $239,481$126,411$87,251$25,819 28.1%
Pay: officers, directors, trustees, key employees $146,000$77,066$53,193$15,741 17.1%
Other (as described)Contract Services $110,564$109,394$1,170$0 13.0%
All other expenses $102,370$98,692$3,678$0 12.0%
Other employee benefits $99,867$0$99,867$0 11.7%
Occupancy $44,157$17,502$22,280$4,375 5.2%
Office expenses $41,702$11,068$29,930$704 4.9%
Payroll taxes $29,489$14,317$11,449$3,723 3.5%
Advertising and promotion $28,000$28,000$0$0 3.3%
Other (as described)Credit Card Processing Fees $7,859$0$0$7,859 0.9%
Fees: accounting $2,735$275$1,500$960 0.3%
Depreciation and depletion $1,194$0$1,194$0 0.1%
Other (as described)Bank Service Charges $75$0$75$0 0.0%
Total$853,493100%

View the filing

2023 · Form 990 · $847,329 spent · pay $508,168 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Pay: disqualified persons $249,700$127,163$96,307$26,230 29.5%
Pay: officers, directors, trustees, key employees $146,000$74,314$56,356$15,330 17.2%
Other (as described)Contract Services $109,980$109,373$304$303 13.0%
All other expenses $87,064$81,874$5,190$0 10.3%
Other employee benefits $82,197$0$82,197$0 9.7%
Advertising and promotion $60,913$60,913$0$0 7.2%
Office expenses $36,399$8,588$26,782$1,029 4.3%
Occupancy $34,737$12,370$19,274$3,093 4.1%
Payroll taxes $30,271$14,164$12,384$3,723 3.6%
Other (as described)Credit Card Processing Fees $7,050$0$0$7,050 0.8%
Fees: accounting $1,750$0$1,750$0 0.2%
Depreciation and depletion $1,193$0$1,193$0 0.1%
Other (as described)Bank Service Charges $75$0$75$0 0.0%
Total$847,329100%

View the filing

2022 · Form 990 · $808,630 spent · pay $409,426 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Pay: disqualified persons $167,325$56,025$86,325$24,975 20.7%
Other (as described)Contract Services $163,093$162,001$292$800 20.2%
All other expenses $141,092$136,734$4,358$0 17.4%
Pay: officers, directors, trustees, key employees $133,500$44,055$69,420$20,025 16.5%
Other employee benefits $85,588$0$85,588$0 10.6%
Office expenses $36,963$15,364$20,644$955 4.6%
Occupancy $32,302$12,728$16,393$3,181 4.0%
Payroll taxes $23,013$1,695$14,914$6,404 2.8%
Advertising and promotion $12,025$12,019$0$6 1.5%
Other (as described)Credit Card Processing Fees $6,384$0$0$6,384 0.8%
Depreciation and depletion $4,116$0$4,116$0 0.5%
Fees: accounting $3,229$0$3,229$0 0.4%
Total$808,630100%

View the filing

2021 · Form 990 · $678,269 spent · pay $376,720 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Pay: disqualified persons $160,500$52,965$85,065$22,470 23.7%
Other (as described)Contract Services $125,670$125,670$0$0 18.5%
Pay: officers, directors, trustees, key employees $116,000$38,280$61,480$16,240 17.1%
All other expenses $98,288$96,171$2,117$0 14.5%
Other employee benefits $79,068$0$79,068$0 11.7%
Office expenses $28,953$7,778$20,880$295 4.3%
Occupancy $28,118$10,873$14,652$2,593 4.1%
Payroll taxes $21,152$6,980$11,211$2,961 3.1%
Advertising and promotion $10,006$10,006$0$0 1.5%
Other (as described)Credit Card Processing Fees $7,871$0$0$7,871 1.2%
Fees: accounting $1,400$0$1,400$0 0.2%
Depreciation and depletion $1,193$0$1,193$0 0.2%
Other (as described)Bank Service Charges $50$0$50$0 0.0%
Total$678,269100%

View the filing

2020 · Form 990 · $574,077 spent · pay $371,387 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Pay: disqualified persons $158,500$49,280$109,220$0 27.6%
Pay: officers, directors, trustees, key employees $116,000$38,674$38,663$38,663 20.2%
Other employee benefits $75,887$0$75,887$0 13.2%
Other (as described)Contract Services $71,404$70,524$640$240 12.4%
Occupancy $38,456$11,500$24,112$2,844 6.7%
Advertising and promotion $34,169$34,169$0$0 6.0%
Office expenses $25,129$8,795$16,067$267 4.4%
All other expenses $21,152$18,437$2,715$0 3.7%
Payroll taxes $21,000$6,729$11,313$2,958 3.7%
Other (as described)Credit Card Processing Fees $6,554$0$0$6,554 1.1%
Other (as described)Bank Service Charges $3,179$0$50$3,129 0.6%
Depreciation and depletion $1,194$0$1,194$0 0.2%
Fees: accounting $1,100$0$1,100$0 0.2%
Other (as described)Audio/Visual $353$353$0$0 0.1%
Total$574,077100%

View the filing

2019 · Form 990 · $508,278 spent · pay $359,867 · grants $0 · events $34,485
LineAs describedTotalProgramManagementFundraisingShare
Pay: disqualified persons $148,751$56,522$92,229$0 29.3%
Pay: officers, directors, trustees, key employees $130,499$33,058$53,941$43,500 25.7%
Other employee benefits $59,254$0$59,254$0 11.7%
All other expenses $39,152$28,797$9,535$820 7.7%
Conferences, conventions and meetings $34,485$34,485$0$0 6.8%
Occupancy $27,934$10,879$14,335$2,720 5.5%
Payroll taxes $21,363$6,853$11,182$3,328 4.2%
Travel $12,707$12,327$380$0 2.5%
Depreciation and depletion $11,341$0$11,341$0 2.2%
Other (as described)Printing & Copying $8,102$7,170$932$0 1.6%
Other (as described)Credit Card Fees $6,336$0$0$6,336 1.2%
Other (as described)Supplies $4,595$1,005$3,590$0 0.9%
Other (as described)Website Expense $2,886$2,886$0$0 0.6%
Fees: accounting $704$0$704$0 0.1%
Advertising and promotion $169$169$0$0 0.0%
Total$508,278100%

View the filing

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