Form 990

Department of the TreasuryInternal Revenue Service

EXTENSION GRANTED TO 02/15/11

Return of Organization Exempt From Income TaxUnder section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung

benefit trust or private foundation)

► The organization may have to use a copy of this return to satisfy state reporting requirements.

OMB No 1545-0047

2009Oren to Public

A For the 2009 calendar year , or tax year beginning APR 1 2009 and ending MAR 31 , 2010

B Check if Please C Name of organizationapplicable

use IRS

J h gssh p OUNDATION FOR ECONOMIC EDUCATION

c an eC an nntor ,

Namechange

type Doing Business As

Initialreturn see Number and street (or P 0 box if mail is not delivered to street address)Termin-

[::ISpecific

30 SOUTH BROADWAYated Instruc-

Amendedd^

ho°sCity or town, state or country, and ZIP + 4

Applica0 -t,.nbon RVINGTON, NY 10533pending

F Name and address of principal officer CARL OBERG

D Employer identification number

INC.13-6006960

Room/suite E Telephone number914 591-7230

30 SOUTH BROADWAY, IRVINGTON, NY 10533

1 Tax-exempt status 0 501(c) ( 3 (Insertno ) 0 4947(a)(1) or =527_J Website : ► WWW . FEE . ORG

K Form of organization n Corporation F-1 Trust F-1 Association F7 Other ►Part I I Summarv

0

tD111

zU

G Gross receipts $ 4,529 , 218.H(a) Is this a group return

for affiliates? Yes 0 No

H(b) Are all affiliates included? =Yes =No

If 'No,' attach a list (see instructions)

H(c) Grou p exemption number ►Year of formation 19 4 6 1 M State of leaal domicile NY

Q 1 Briefly describe the organization's mission or most significant activities: TO OFFER THE MOST CONSISTENT

CASE FOR THE "FIRST PRINCIPLES" OF FREEDOM: THE SANCTITY OF PRIVATE

2 Check this box ► if the organization discontinued its operations or disposed of more than 25% of its n et assets

0 3 Number of voting members of the governing body (Part VI, line 1 a) 3 12

orj 4 Number of independent voting members of the governing body (Part VI, line 1 b) 4 0

5 Total number of employees (Part V, line 2a) 5 15

6 Total number of volunteers (estimate if necessary) 6 0

Q 7a Total gross unrelated business revenue from Part VIII, column (C), line 12 7a <47,227.

b Net unrelated business taxable income from Form 990-T, line 34 7b <54,977.

Prior Year Current Year

d 8 Contributions and grants (Part VIll, line 1 h) 1,698,467. 2,430,003.9 Program service revenue (Part VIII, line 2g)

6 10 Investment Income (Part VIII, column (A), lines 3, 4, and 7d) <69,950. > 76,093.11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11 e) 133,773. 10,636.12 Total revenue - add lines 8 throu g h 11 (must equal Part VIII, column (A) , line 12) 1 , 762,290. 2,516,732 .13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) 48,303. 4 7 , 0 7 6 .14 Benefits paid to or for members (Part IX, column (A), line 4)

15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) 936,123. 983,428.2 16a Professional fundraising fees (Part IX, column (A), line 11e)CILX b Total fundraising expenses (Part IX, column (D), line 25) 110- 352,992.

W 17 Other expenses (Part IX, column (A), lines 11 a-11 d, 111f-24f) 1,861,295. 1,800,705.18 Total expenses. Add lines 13.17 (must equal Part IX, column (A), line 25) 2,845,721. 2,831,209.19 Revenue less expenses. Subtract line 18 from line 12 <1,083,431. > <31 4,477 .

Be g innin g of Current Year End of Year

y 20 Total assets (Part X, line 16) 5,191,625. 4,778,165 .

as 21 Total liabilities (Part X, line 26) 293,207. 309,433.zo 22 Net assets or fund balances. Subtract line 21 from line 20 4 898,418. 4 4 6 8 , 7 3 2 .PartEI I Signature LSIocK

Under penalties of perryry, I declare that I have examined this return. including accompanying schedules and statements , and to the best of my knowledge and belief, it is true , correct,and complete Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge

Sign &Zzz^Here SigIltilre o officer

CARL OBERG, EX TIVE DIRECTOType or print name and title

PaidPreparers'signature P -

_..

AIV,Preparer 's Firm's name (or KAS17 & JAFFE, (PA' S, PCUse Onl y yours if

self-employed ), ' 1025 WESTCHESTER AVE.4

dd+ess, andaddress,WHITE PLAINS, NY 10604

932001 02-04-10 LHA For Privacy Act and Paperwork Reduction Act N<

SEE SCHEDULE 0 FOR ORGANIZATION M

Form 990 2009)' FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page2Part tit Statement of Program Service Accomplishments1 Briefly describe the organization's mission- NONE

2 Did the organization undertake any significant program services during the year which were not listed on

the prior Form 990 or 990-EZ? 0Yes No

If 'Yes,' describe these new services on Schedule 0.

3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? Yes 0 No

If 'Yes,' describe these changes on Schedule 0.

4 Describe the exempt purpose achievements for each of the organization's three largest program services by expenses.

Section 501 (c)(3) and 501 (c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and

allocations to others, the total expenses, and revenue, if any, for each program service reported.

4a (Code ) (Expenses $

SEMINARS & LECTURES -

1 , 3 6 8 , 181. including grants of $ 47,076. ) (Revenue $PROMOTING THE PHILOSOPHY OF FREE MARKET ECONOMICS

AND THE IMPORTING OF GENERAL EDUCATION RELATING TO ECONOMIC FREEDOM.

4b (Code ) ( Expenses $

BOOKS & PUBLICATIONS

5 6 2 , 9 2 4 . including grants of $- THE DISSEMINATION OF THE

) (Revenue $

RESULTS OF RESEARCH AND

STUDY IN THE FIELD OF ECONOMICS AND THE RELATED BRANCHES OF SOCIALSCIENCE.

4c (Code ) (Expenses $ 2 6 6 , 6 9 8 . including grants of $

WEBSITE OUTREACH - PROMOTING THE PHILOSOPHY OF

) (Revenue $

FREE MARKET ECONOMICS

AND EDUCATION.

4d Other program services. ( Describe in Schedule 0.)

(Expenses $ including grants of $ ) (Revenue $

4e Total program service expenses ON. $ 2,197,803.

93200202-04-1 0

Form 990 (2009)

209230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

Form 9930 2009)' FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page3Part IV ] Checklist of Required Schedules

Yes No

1 Is the organization described in section 501 (c)(3) or 4947(a)(1) (other than a private foundation)?

If "Yes, " complete Schedule A 1 X

2 Is the organization required to complete Schedule B, Schedule of Contributors? 2 X

3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for

public office) If "Yes," complete Schedule C, Part I 3 X

4 Section 501 (c)(3) organizations . Did the organization engage in lobbying activities? If "Yes," complete Schedule C, Part 11 4 X

5 Section 501 (c)(4), 501 (c)(5), and 501 (c)(6) organizations . Is the organization subject to the section 6033(e) notice and

reporting requirement and proxy tax? If "Yes, " complete Schedule C, Part l/I 5

6 Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to

provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part 1 6 X

7 Did the organization receive or hold a conservation easement, including easements to preserve open space,

the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II 7 X

8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete

Schedule D, Part 111 8 X

9 Did the organization report an amount in Part X, line 21, serve as a custodian for amounts not listed in Part X, or provide

credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV 9 X

10 Did the organization, directly or through a related organization, hold assets in term, permanent, or quasi-endowments?

If "Yes," complete Schedule D, Part V 10 X

11 Is the organization's answer to any of the following questions 'Yes'? If so, complete Schedule D, Parts VI, VII, VIII, IX, or X

as applicable 11 X

• Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D,

Part W.

• Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its total

assets reported in Part X, line 169 If "Yes," complete Schedule D, Part VII

• Did the organization report an amount for investments • program related in Part X, line 13 that is 5% or more of its total

assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII.

• Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in

Part X, line 16? If "Yes, " complete Schedule D, Part IX

• Did the organization report an amount for other liabilities in Part X, line 25" If "Yes, " complete Schedule D, Part X

• Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses

the organization's liability for uncertain tax positions under FIN 48" If "Yes," complete Schedule D, Part X.

12 Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete

Schedule D, Parts X1, X11, and X111. 12 X

12A Was the organization included in consolidated, independent audited financial statements for the tax year? Yes No

If "Yes," completing Schedule D, Parts XI, XII, and Xlll is optional 12A X

13 Is the organization a school described in section 170(b)(1)(A)(u)" If "Yes," complete Schedule E 13 X

14a Did the organization maintain an office, employees, or agents outside of the United States? 14a X

b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business,

and program service activities outside the United States' If "Yes," complete Schedule F, Part I 14b X

15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization

or entity located outside the United States? If "Yes," complete Schedule F, Part 11 15 X

16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals

located outside the United States? If "Yes," complete Schedule F, Part 111 16 X

17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,

column (A), lines 6 and 11e7 If "Yes," complete Schedule G, Part 1 17 X

18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines

1 c and 8a" If "Yes," complete Schedule G, Part 11 18 X

19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a" If "Yes,"

complete Schedule G, Part 111 19 X

20 Did the organization operate one or more hospitals') If "Yes " complete Schedule H 20 X

Form 990 (2009)

93200302-04-10

309230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

Form 990(2009' FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page4Part IV Checklist of Required Schedules (continued)

Yes No

21 Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the

United States on Part IX, column (A), line 19 If "Yes, " complete Schedule 1, Parts I and !I 21 X

22 Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX,

column (A), line 2" If "Yes," complete Schedule 1, Parts 1 and 111 22 X

23 Did the organization answer "Yes' to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current

and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete

Schedule J 23 X24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the

last day of the year, that was issued after December 31, 2002" If "Yes, " answer lines 24b through 24d and complete

Schedule K. If "No ", go to line 25 24a X

b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception" 24b

c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease

any tax-exempt bonds? 24c

d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year" 24d

25a Section 501(c)(3) and 501 (c)(4) organizations . Did the organization engage in an excess benefit transaction with a

disqualified person during the year? If "Yes, " complete Schedule L, Part I 25a X

b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and

that the transaction has not been reported on any of the organization's prior Forms 990 or 990•EZ" If "Yes, " complete

Schedule L, Part 1 25b X

26 Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified

person outstanding as of the end of the organization's tax year" If "Yes," complete Schedule L, Part 11 26 X

27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial

contributor, or a grant selection committee member, or to a person related to such an individual? If "Yes," complete

Schedule L, Part 111 27 X

28 Was the organization a party to a business transaction with one of the following parties, (see Schedule L, Part IV

instructions for applicable filing thresholds, conditions, and exceptions)

a A current or former officer, director, trustee, or key employee? If "Yes, " complete Schedule L, Part IV 28a X

b A family member of a current or former officer, director, trustee, or key employee" If "Yes," complete Schedule L, Part /V 28b X

c An entity of which a current or former officer, director, trustee, or key employee of the organization (or a family member) was

an officer, director, trustee, or direct or indirect owner? If "Yes, " complete Schedule L, Part IV 28c X

29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes, " complete Schedule M 29 X

30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation

contributions? If "Yes, " complete Schedule M 30 X

31 Did the organization liquidate, terminate, or dissolve and cease operations?

If "Yes," complete Schedule N, Part 1 31 X

32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete

Schedule N, Part 11 32 X

33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations

sections 301.7701-2 and 301.7701.39 If "Yes, " complete Schedule R, Part ! 33 X

34 Was the organization related to any tax-exempt or taxable entity"

If "Yes, " complete Schedule R, Parts 11, III, IV, and V, line 1 34 X

35 Is any related organization a controlled entity within the meaning of section 512(b)(13)"

If "Yes, " complete Schedule R, Part V, line 2 35 X

36 Section 501 (c)(3) organizations . Did the organization make any transfers to an exempt non-charitable related organization?

If "Yes, " complete Schedule R, Part V, line 2 36 X

37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization

and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI 37 X

38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11 and 19"

Note . All Form 990 filers are req uired to complete Schedule 0 38 X

Form 990 (2009)

93200402-04-10

409230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

Form 990 2009)' FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page5PartV Statements Regarding Other IRS Filinsts and Tax Compliance

1 a Enter the number reported in Box 3 of Form 1096, Annual Summary and Transmittal of

U.S. Information Returns Enter -0- if not applicable la

b Enter the number of Forms W-2G included in line 1 a Enter -0- if not applicable lb

c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming

(gambling) winnings to prize winners'

2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements,

filed for the calendar year ending with or within the year covered by this return 2a

b If at least one is reported on line 2a, did the organization file all required federal employment tax returns'?

Note . If the sum of lines 1 a and 2a is greater than 250, you may be required to e-file this return. (see instructions)

3a Did the organization have unrelated business gross income of $1,000 or more dunng the year covered by this return'7

b If Yes,' has it filed a Form 990-T for this year? If "No, " provide an explanation in Schedule 0

4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a

financial account in a foreign country (such as a bank account, securities account, or other financial account)

b If Yes,' enter the name of the foreign country.

See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank and

Financial Accounts.

5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?

b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction'

c If "Yes," to line 5a or 5b, did the organization file Form 8886-T, Disclosure by Tax-Exempt Entity Regarding Prohibited

Tax Shelter Transaction?

6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit

any contributions that were not tax deductible

b If 'Yes," did the organization include with every solicitation an express statement that such contributions or gifts

were not tax deductible'?

7 Organizations that may receive deductible contributions under section 170(c).

a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services

provided to the payor"

b If Yes,' did the organization notify the donor of the value of the goods or services provided?

c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required

to file Form 8282"

d If 'Yes," indicate the number of Forms 8282 filed during the year 7d

e Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal

benefit contract?

f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract9

g For all contributions of qualified intellectual property, did the organization file Form 8899 as required'?

h For contributions of cars, boats, airplanes, and other vehicles, did the organization file a Form 1098-C as required"

8 Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations . Did the

supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings

at any time during the year?

9 Sponsoring organizations maintaining donor advised funds.

a Did the organization make any taxable distributions under section 4966"

b Did the organization make a distribution to a donor, donor advisor, or related person?

10 Section 501(c)(7) organizations . Enter:

a Initiation fees and capital contributions included on Part VIII, line 12 10a

b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities 10b

11 Section 501(c )(12) organizations. Enter

a Gross income from members or shareholders 11a

b Gross income from other sources (Do not net amounts due or paid to other sources against

amounts due or received from them) _ 11b

12a Section 4947(a)(1) non -exempt charitable trusts . Is the organization filing Form 990 in lieu of Form 1041?

b If Yes,' enter the amount of tax-exempt interest received or accrued durina the year I 12b

Yes No

58

0

1c

152b X

3a X

3b X

4a X

5a X

5b X

5c

6a X

6b

7a X

7b

7c X

7e

7f

7

7h

8

9a

9b

12a

Form 990 (2009)

93200502-04-10

5

09230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

Form 990 (2009) ' FOUNDATION FOR ECONOMIC EDUCATION, INC. 13-6006960 Page6Part V1 Governance , Management , and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response

to line 8a, 8b, or 1Ob below, describe the circumstances, processes, or changes in Schedule 0 See instructions

Section A. Governing Body and ManagementYes No

la

b

2

Enter the number of voting members of the governing body la

Enter the number of voting members that are independent lb

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other

officer, director, trustee, or key employee?

12

0

2 X

3 Did the organization delegate control over management duties customarily performed by or under the direct supervision

of officers, directors or trustees, or key employees to a management company or other person? 3 X

4 Did the organization make any significant changes to its organizational documents since the prior Form 990 was filed' 4 X

5 Did the organization become aware during the year of a material diversion of the organization's assets' 5 X

6 Does the organization have members or stockholders? 6 X

7a Does the organization have members, stockholders, or other persons who may elect one or more members of the

governing body'? 7a X

b Are any decisions of the governing body subject to approval by members, stockholders, or other persons? 7b X

8

a

Did the organization contemporaneously document the meetings held or written actions undertaken during the year

by the following.

The governing body? 8a X

b Each committee with authority to act on behalf of the governing body? 8b X

9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the

organization's mailin g address? If "Yes, " provide the names and addresses in Schedule 0 9 X

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code)

10a Does the organization have local chapters, branches, or affiliates'? 10a X

b If 'Yes," does the organization have written policies and procedures governing the activities of such chapters, affiliates,

and branches to ensure their operations are consistent with those of the organization'? 10b

11 Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form'? 11 X

11A Describe in Schedule 0 the process, if any, used by the organization to review this Form 990.

12a Does the organization have a written conflict of interest policy? If "No,"go to line 13 12a X

b Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise

to conflicts? 12b X

c Does the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe

in Schedule 0 how this is done 12c X

13 Does the organization have a written whistleblower policy'? 13 X

14 Does the organization have a wntten document retention and destruction policy? 14 X

15 Did the process for determining compensation of the following persons include a review and approval by independent

persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

a The organization's CEO, Executive Director, or top management official 15a X

b Other officers or key employees of the organization 15b X

If 'Yes' to line 15a or 15b, describe the process in Schedule O. (See instructions )

16a Did the organization invest in, contribute assets to, or participate in a point venture or similar arrangement with a

taxable entity during the year? 16a X

b If 'Yes,' has the organization adopted a written policy or procedure requiring the organization to evaluate its participation

in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization's

exempt status with respect to such arrangements' 16b

Section C . Disclosure17 List the states with which a copy of this Form 990 is required to be filed PINY , NJ

18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for

public inspection . Indicate how you make these available . Check all that apply

0 Own website Another's website 0 Upon request

19 Descnbe in Schedule 0 whether (and if so, how), the organization makes its governing documents , conflict of interest policy, and financial

statements available to the public.

20 State the name , physical address , and telephone number of the person who possesses the books and records of the organization. ► _THE FOUNDATION FOR ECONOMIC EDUCATI - 914-591-723030 SOUTH BROADWAY, IRVINGTON, NEW YORK, IRVINGTON, NY 10533

93200602-04-10

09230210 758462 F55

Form 990 (2009)

62009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

Form 990(2009' FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page7Part VII Compensation of Officers, Directors , Trustees , Key Employees , Highest Compensated

Employees , and Independent ContractorsSection A . Officers , Directors , Trustees , Key Employees, and Highest Compensated Employees

la Complete this table for all persons required to be listed Report compensation for the calendar year ending with or within the organization's taxyear. Use Schedule J-2 if additional space is needed.

• List all of the organization' s current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensationEnter -0- in columns (D), (E), and (F) if no compensation was paid.

• List all of the organization' s current key employees See instructions for definition of 'key employee• List the organization' s five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable

compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.

• List all of the organization' s former officers, key employees, and highest compensated employees who received more than $100,000 ofreportable compensation from the organization and any related organizations

• List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization,more than $10,000 of reportable compensation from the organization and any related organizations.List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees, highest compensated employees,and former such persons

El Check this box if the organization did not compensate any current officer, director, or trustee

(A) (B) (C) (D) (E) (F)Name and Title Average Position Reportable Reportable Estimated

hours (check all that apply) compensation compensation amount ofper from from related otherweek the organizations compensation

N organization (W-2/1099 - MISC) from the(W-2/1099 - MISC) organization

- and related

Y s Eorganizations

WALTER LECROY

VICE CHAIRMAN, TRUSTEE X 0. 0. 0.WAYNE OLSON

CHAIRMAN, TRUSTEE 10.00 X 0. 0. 0.EDWARD KOPKO

TRUSTEE X 0. 0. 0.FRAYDA LEVY

TRUSTEE X 0. 0. 0.ROGER REAM

SECRETARY, TRUSTEE X 0. 0. 0.DON SMITHTRUSTEE X 0. 0. 0.JEFFREY GIESEA

TREASURER, TRUSTEE 2.00 X 0. 0. 0.LAWRENCE REED

PRESIDENT 40.00 X X -X X 166,432. 0. 0.WILLIAM DUNNTRUSTEE X 0. 0. 0.ETHELMAE HUMPHREYSTRUSTEE X 0. 0. 0.HARRY LANGENBERGTRUSTEE X 0. 0. 0.KRIS ALAN MAUREN

TRUSTEE X 0. 0. 0.LEE CURRIE

EXECUTIVE DIRECTOR 40.00 X X 125,000. 0. 0.

932007 02 -04-10 Form 990 (2009)7

09230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

Form 990 2009) FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page8

art VII Section A. Officers . Directors . Trustees . Key Emnlovees . and Highest Compensated Emolovees (rnntinued)

(A)

Name and title

(B)

Averagehours

(C)

Position(check all that apply)

(D)

Reportablecompensation

(E)

Reportablecompensation

(F)

Estimated

amount ofperweek

Z5

2g?

o x

o

E

fromthe

organization(W2/1099•MISC)

from relatedorganizations

(W2/1099•MISC)

othercompensation

from theorganization

and relatedorganizations

1b Total ► 291,432. 0. 0.2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable

compensation from the organization 2

Yes No

3 Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on

line 1 a? If "Yes, " complete Schedule J for such individual 3 X

4 For any individual listed on line 1 a, is the sum of reportable compensation and other compensation from the organization

and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual 4 X

5 Did any person listed on line 1 a receive or accrue compensation from any unrelated organization for services rendered to

the organization? If "Yes " complete Schedule J for such person 5 X

Section B. Independent Contractors

1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from

the oroanization.

(A)Name and business address

(B)Description of services

(C)Compensation

SONKRIST PROPERTY & BLDG MGMT

23 HICKORY DRIVE, CAMPBELL HALL, NY 10916

BUILDING &

MAINTENANCE SERVICES 218,642.

12 Total number of independent contractors (including but not limited to those listed above) who received more than

$ 100 ,000 in com pensation from the organization 11111. 1

Form 990 (2009)

932008 02-04-10

809230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

Form 990 (20091 FOUNDATION FOR ECONOMIC EDUCATION, INC. 13-6006960 Paoe9Part V111 Statement of Revenue

(A) (B) (C)Total revenue Related or Unrelated Revenueexcluded fromexempt function business tax under

revenue revenue sections 512,513, or 514

Cu) 1 a Federated campaigns la

0)0 b Membership dues lb

0 c Fundraising events 1c

^m d Related organizations ld

u ,EC- e Government grants (contributions) le0 0)d

f All other contributions , gifts, grants, and

similar amounts not included above if 2430003.o

OC

9 Noncash contnbutions included in lines la-11' $ 2 4 7 , 5 7 7V 10 h Total . Add lines 1 a-1 f ► 2430003.

Business Code

2a

d bOU) C

Qc

?Mao daP^o e

f All other program service revenue

Total . Add lines 2a-2f ►3 Investment income (including dividends , interest, and

other similar amounts) ► 86, 026. 86,026.4 Income from investment of tax-exempt bond proceeds ►5 Royalties ►

( i ) Real a Personal

6 a Gross Rents

b Less: rental expenses

c Rental income or (loss)

d Net rental income or (loss) ►7 a Gross amount from sales of ( i ) Securities a Other

assets other than inventory 2 , 002 , 553.

b Less. cost or other basis

and sales expenses 2 , 012 , 486.

c Gain or (loss) <9,933. >d Net gain or (loss ) ► <9,933. > <9, 933.

y 8 a Gross income from fundraising events (not

including $ of

0 contributions reported on line 1c). See

Part IV, line 18 a

b Less : direct expenses b

c Net income or (loss ) from fundraising events ►9 a Gross income from gaming activities. See

Part IV, line 19 a

b Less : direct expenses b

c Net income or (loss ) from gaming activities ►10 a Gross sales of inventory, less returns

and allowances a

b Less: cost of goods sold b

c Net income or loss from sales of invento ry

Miscellaneous Revenue Business Code

11a BOOK ROYALTIES 31,102. 31, 102.b BOOKS & PUBLICATIONS 21,207. 21,207.c MISCELLANEOUS 5,554. 5,554.d All other revenue 310000 <47 , 227. > <47 227.e Total . Add lines 11 a-11 d ► 10 , 6 3 6 .

12 Total revenue See instructions ► 2516732 . 16,828. 1 <47,227. > 117.128.oz`oaio Form 990 (2009)

09230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55

Form 990(2009 FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page 10Part IX Statement of Functional Expenses

Section 501 (c)(3) and 501 (c)(4) organizations must complete all columns.

All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).

Do not include amounts reported on lines 6b,7b, 8b , 9b, and 10b of Part VIII .

(A)Total expenses

(B)Program service

expenses

(C)Management andgeneral expenses

(D)Fundraisingexpenses

1 Grants and other assistance to governments and

organizations in the U S See Part IV, line 21 47,076 . 47,076.2 Grants and other assistance to individuals in

the U S See Part IV, line 22

3 Grants and other assistance to governments,

organizations , and individuals outside the U S.

See Part IV, lines 15 and 16

4 Benefits paid to or for members

5 Compensation of current officers, directors,

trustees, and key employees 552,150. 400,542. 27,072. 124,536.6 Compensation not included above, to disqualified

persons ( as defined under section 4958 (f)(1)) and

persons described in section 4958 ( c)(3)(B)

7 Other salaries and wages 261,583. 196,413. 30,458. 34,712.8 Pension plan contributions ( include section 401(k)

and section 403(b ) employer contributions)

9 Other employee benefits

10 Payroll taxes 169, 695. 124, 489. 11,997. 33,209.11 Fees for services (non-employees)-

a Management

b Legal

c Accounting

d Lobbying

e Professional fundraising services See Part IV, line 17

f Investment management fees

g Other

12 Advertising and promotion

13 Office expenses

14 Information technology

15 Royalties

16 Occupancy 39,481. 28,963. 2,792. 7,726.17 Travel 209, 327. 160, 288. 13,573. 35,466.18 Payments of travel or entertainment expenses

for any federal , state, or local public officials

19 Conferences , conventions, and meetings

20 Interest

21 Payments to affiliates

22 Depreciation, depletion , and amortization 87,575. 64,244. 6,191. 17,140.23 Insurance

24 Other expenses Itemize expenses not coveredabove ( Expenses grouped together and labeledmiscellaneous may not exceed 5% of totalexpenses shown on line 25 below

a STUDENT SEMINARS 418,510. 418,510. 0. 0.b PROFESSIONAL FEES 310,240. 217,438. 92,802. 0.c OUTSIDE SERVICES 303,375. 251,944. 33,586. 17,845.d REPAIRS & MAINTENANCE 130,027. 95,388. 9,193. 25,446.e SUPPLIES 69,229. 25,995. 23,548. 19,686.f All other expenses 232,941. 166,513. 29,202. 37,226.

25 Total functional ex p enses Add lines 1 throu g h 24f 2, 831,209. 2, 19 7,803. 280,414. 352,992.26 Joint costs . Check here ► 0 if following

SOP 98- 2 Complete this line only if the organization

reported in column ( B) joint costs from a combined

educational campaig n and fundraisin g solicitation

932010 02-04-10 Form 990 (2009)

1009230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55

Form 990 (2009 )' FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Pagel lPart X Balance Sheet

(A) (B)Beginning of year End of year

1 Cash - non-interest-bearing 100,847. 1 46,548.2 Savings and temporary cash investments 210,873. 2 129,524.3 Pledges and grants receivable, net 8,044. 3 73,219.4 Accounts receivable, net 1,982. 4

5 Receivables from current and former officers, directors, trustees, key

employees, and highest compensated employees. Complete Part II

of Schedule L 5

6 Receivables from other disqualified persons (as defined under section

4958(f)(1)) and persons described in section 4958(c)(3)(B) Complete

Part 11 of Schedule L 6

7 Notes and loans receivable, net 7

8 Inventories for sale or use 33,527. 8 30,146.9 Prepaid expenses and deferred charges 95,523. 9 113,490.

10a Land, buildings, and equipment: cost or other

basis Complete Part VI of Schedule D 10a 2,010,454.

b Less- accumulated depreciation 10b 1,668,968. 331,723. 10c 341,486.11 Investments - publicly traded securities 3,285,955. 11 3,058,725.12 Investments - other securities. See Part IV, line 11 1,050,000. 12 891,600.

13 Investments - program-related. See Part IV, line 11 13

14 Intangible assets 14

15 Other assets See Part IV, line 11 73, 151. 15 93,427.16 Total assets . Add lines 1 throu gh 15 (must eq ual line 34 5 , 191,625. 16 4 , 778,165.17 Accounts payable and accrued expenses 133,375. 17 87,661.18 Grants payable 18

19 Deferred revenue 19

20 Tax-exempt bond liabilities 20

0 21 Escrow or custodial account liability. Complete Part IV of Schedule D 21

22 Payables to current and former officers, directors, trustees, key employees,

,_o highest compensated employees, and disqualified persons. Complete Part II

J of Schedule L 22

23 Secured mortgages and notes payable to unrelated third parties 23

24 Unsecured notes and loans payable to unrelated third parties 24

25 Other liabilities Complete Part X of Schedule D 159,832. 25 221,772.26 Total liabilities . Add lines 17 throug h 25 293,207. 26 309,433.

Organizations that follow SFAS 117, check here ► OX and complete

lines 27 through 29 , and lines 33 and 34.

r_ 27 Unrestricted net assets 3, 173,165. 27 2, 745,818.

o28 Temporarily restricted net assets 272,749. 28 248,203.

c29 Permanently restricted net assets 1, 452,504. 29 1 , 474,711.

LL Organizations that do not follow SFAS 117, check here ► and

o complete lines 30 through 34.

30 Capital stock or trust principal, or current funds 30

31 Paid-in or capital surplus, or land, building, or equipment fund 31

32 Retained earnings, endowment, accumulated income, or other funds 32

Z 33 Total net assets or fund balances 4,898,418. 33 4,468,732.34 Total liabilities and net assets/fund balances 5 , 191 , 625 . 34 4 , 778,165.

Form 990 (2009)

932011 02-04-10

1109230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55

Form 990 (2009) FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page 12Part XI Fihancial Statements and Reporting

Yes No

1 Accounting method used to prepare the Form 990- Cash [M Accrual Other

If the organization changed its method of accounting from a prior year or checked 'Other,' explain in Schedule 0

2a Were the organization ' s financial statements compiled or reviewed by an independent accountant'? 2a X

b Were the organization's financial statements audited by an independent accountant? 2b X

c If Yes ' to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,

review, or compilation of its financial statements and selection of an independent accountant? 2c X

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule 0

d If Yes' to line 2a or 2b , check a box below to indicate whether the financial statements for the year were issued on a

consolidated basis, separate basis, or both.

Separate basis El Consolidated basis ED Both consolidated and separate basis

3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit

Act and OMB Circular A•133" 3a X

b If Yes ,' did the organization undergo the required audit or audits? If the organization did not undergo the required audit

or audits , explain why in Schedule 0 and describe any steps taken to undergo such audits. 3b

Form 990 (2009)

932012 02-04-10

1209230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

SCHEDULEA OMB No 1545-0047

(Form 990or990 EZ) Public Charity Status and Public Support 2009Complete if the organization is a section 501 (c)(3) organization or a section

Department of the Treasury 4947 (a)(1) nonexempt charitable trust. Open to PublicInternal Revenue Service ► Attach to Form 990 or Form 990 - EZ. ► See separate instructions . inspection

Name of the organization Employer identification number

FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960part I Reason for Public Charity Status (All organizations must complete this part) See Instructions.

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box)

1 0 A church, convention of churches, or association of churches described in section 170 (b)(1)(A)(i).

2 0 A school described in section 170 (b)(1)(A)(ii). (Attach Schedule E)

3 0 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

4 A medical research organization operated in conjunction with a hospital described in section 170 (b)(1)(A)(iii). Enter the hospital's name,

city, and state-

5 0 An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170 (b)(1)(A)(iv). (Complete Part II )

6 A federal, state, or local government or governmental unit described in section 170 (b)(1)(A)(v).

7 EK An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in

section 170(b)(1)(A)(vi). (Complete Part II.)

8 A community trust described in section 170 (b)(1)(A)(vi ). (Complete Part II.)

9 An organization that normally receives, (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from

activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment

income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975

See section 509(a )(2). (Complete Part III )

10 0 An organization organized and operated exclusively to test for public safety . See section 509(a)(4).

110 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or

more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) See section 509(a)(3). Check the box that

describes the type of supporting organization and complete lines 11 a through 11 h

a E] Type I b 0 Type II c = Type III • Functionally integrated d Type III -Other

e By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than

foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)

f If the organization received a written determination from the IRS that it is a Type I, Type II, or Type III

supporting organization, check this box

g Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons'?

(i) A person who directly or indirectly controls, either alone or together with persons described in (II) and ( ni) below, Yes No

the governing body of the supported organization' 11 i

(ii) A family member of a person described in (I) above? 11 ii

(iii) A 35% controlled entity of a person described in (i) or (II) above? 11 iii

h Provide the following information about the supported organization(s).

(I) Name of supported

organization(li) EIN

(Ili) Type oforganization

(described on lines 1-9above or IRC section

(iv) Is the organizationin col (I) listed in yourgoverning document

(v) Did you notify theorganization in col(i) of your support

(vi) Is theorganization in col(i) organized in the

U S "

(vii) Amount ofsupport

(see instructions )) Yes No Yes No Yes No

Total

LHA For Privacy Act and Paperwork Reduction Act Notice , see the Instructions for Schedule A (Form 990 or 990-EZ) 2009

Form 990 or 990-EZ.

932021 02-08-10

1309230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

Schedule A Form 990 or 990-EZ) 2009 FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page 2Part 11 Support Schedule for Organizations Described in Sections 170(b)( 1)(A)(iv) and 170 (b)(1)(A)(vi)

(Complete only if you checked the box on line 5, 7, or 8 of Part I )

Section A. Public Support

Calendar year (or fiscal year beginning (a ) 2005 (b) 2006 (c) 2007 2008 (e) 2009 Total

1 Gifts, grants, contributions, and

membership fees received (Do not

include any 'unusual grants.') 2 072 181. 2 189 343. 1 , 843 , 849. 1 698 467. 2 , 430 , 003. 10 233 843.

2 Tax revenues levied for the organ-

ization's benefit and either paid to

or expended on its behalf

3 The value of services or facilities

furnished by a governmental unit to

the organization without charge

4 Total . Add lines 1 through 3 2 , 072 , 181. 2,189,343. 1 , 843 , 849. 11698,467. 2 1 430 , 003. 10 233 843.

5 The portion of total contributions

by each person (other than a

governmental unit or publicly

supported organization) included

on line 1 that exceeds 2% of the

amount shown on line 11,

column (f) 449,025.6 Public support . Subtractline5fromline4 9 , 784 , 818.

Section B. Total Support

Calendar year (or fiscal year beginning

7 Amounts from line 4

8 Gross income from interest,

dividends, payments received on

securities loans, rents, royalties

and income from similar sources

9 Net income from unrelated business

activities, whether or not the

business is regularly carried on

10 Other income. Do not include gain

or loss from the sale of capital

assets (Explain in Part IV)

11 Total support . Add lines 7 through 10

(a ) 2005 (b) 2006 (c) 2007 (d) 2008 (e) 2009 Total

2 , 072 , 181. 2 1 189 . 343. 1 , 843 , 849. 1 1 698 , 467 . 2 , 430 , 003 . 10 , 233 , 843.

177,895. 229,027. 184,333. 181,777. 130,968. 904,000.

165,955. 156,828. 169,521. 137,857. <47,227. > 582,934.

11 , 720 , 777.

12 Gross receipts from related activities, etc (see instructions) 12 133,183.

13 First five years . If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3)

organization, check this box and stop here ►Section C . Computation of Public Support Percentage

14 Public support percentage for 2009 (line 6, column (f) divided by line 11, column (f)) 14 8 3 . 4 8 %

15 Public support percentage from 2008 Schedule A, Part II, line 14 15 81.99 %

16a 33 1 /3% support test - 2009 . If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and

stop here . The organization qualifies as a publicly supported organization ► L

b 33 1 /3% support test - 2008 . If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box

and stop here . The organization qualifies as a publicly supported organization ►17a 10% -facts -and-circumstances test - 2009 . If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,

and if the organization meets the 'facts-and-circumstances' test, check this box and stop here . Explain in Part IV how the organization

meets the 'facts•and-circumstances' test. The organization qualifies as a publicly supported organization ►b 10% -facts -and-circumstances test - 2008 .If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or

more, and if the organization meets the 'facts-and-circumstances' test, check this box and stop here . Explain in Part IV how the

organization meets the *facts•and-circumstances' test The organization qualifies as a publicly supported organization ►018 Private foundation . If the organization did not check a box on line 1 3,16a, 16b, 17a, or 17b, check this box and see instructions ►

Schedule A (Form 990 or 990-EZ) 2009

93202202-08-10

09230210 758462 F5514

2009.05040 FOUNDATION FOR ECONOMIC EDU F55

Schedule A (Form 990 or 990-E 2009 Page 3Part It Support Schedule for Organizations Described in Section 509(a)(2) (Complete only it you checked the box on line 9 of Part I )Sectign A. Public Support

Calendar year (or fiscal year beginning (a ) 2005 (b) 2006 (c) 2007 (d) 2008 (e) 2009 Total

1 Gifts, grants, contributions, and

membership fees received (Do not

include any 'unusual grants °)

2 Gross receipts from admissions,merchandise sold or services per-formed, or facilities furnished inany activity that is related to theorganization's tax-exempt purpose

3 Gross receipts from activities that

are not an unrelated trade or bus-

iness under section 513

4 Tax revenues levied for the organ-

ization's benefit and either paid to

or expended on its behalf

5 The value of services or facilities

furnished by a governmental unit to

the organization without charge

6 Total . Add lines 1 through 5

7a Amounts included on lines 1, 2, and

3 received from disqualified persons

b Amounts included on lines 2 and 3 received

from other than disqualified persons that

exceed the greater of $5,000 or 1 % of the

amount on line 13 for the year

c Add lines 7a and 7b

8 Public support (s ubtract line lc from line 6

Section B. Total Support

Calendar year (or fiscal year beginning

9 Amounts from line 6

10a Gross income from interest,dividends, payments received onsecurities loans, rents, royaltiesand income from similar sources

b Unrelated business taxable income

(less section 511 taxes) from businesses

acquired after June 30,1975

c Add lines 1 Oa and 1 Ob11 Net income from unrelated business

activities not included in line 10b,whether or not the business isregularly carried on

12 Other income. Do not include gainor loss from the sale of capitalassets (Explain in Part IV)

13 Total Support (Add lines 9, 10c, 11, and 12)

(a ) 2005 ( b) 2006 (c) 2007 (d ) 2008 (e) 2009 Total

14 First five years . If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3) organization,

check this box and stop here ►Section C . Computation of Public Support Percentage

15 Public support percentage for 2009 (line 8, column (f) divided by line 13, column (f)) 15 %

16 Public su pport percentage from 2008 Schedule A, Part III, line 15 16 %

Section D. Computation of Investment Income Percentage

17 Investment income percentage for 2009 (line 10c, column (f) divided by line 13, column (f)) 17 %

18 Investment income percentage from 2008 Schedule A, Part III, line 17 18 %

19a 33 1 /3% support tests - 2009 . If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not

more than 33 1/3%, check this box and stop here . The organization qualifies as a publicly supported organization ►0b 331 /3% support tests - 2008 . If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and

line 18 is not more than 33 1/3%, check this box and stop here . The organization qualifies as a publicly supported organization ►20 Private foundation . If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions ►0

Schedule A (Form 990 or 990-EZ) 2009

932023 02-08-10

1509230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55

Schedule D I Supplemental Financial Statements(Form 990) ► Complete if the organization answered "Yes," to Form 990,

Part IV, line 6, 7,8, 9, 10, 11, or 12.Department of the TreasuryInternal Revenue Service ► Attach to Form 990. ► See separate instructions.

2009Open to PublicInspection

Name of the organization Employer identification numberFOUNDATION FOR ECONOMIC EDUCATION, INC. 13-600696 0

Part t Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts . Complete if theorganization answered 'Yes' to Form 990, Part IV, line 6.

(a) Donor advised funds (b) Funds and other accounts

1 Total number at end of year

2 Aggregate contributions to (during year)

3 Aggregate grants from (during year)

4 Aggregate value at end of year

5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds

are the organization's property, subject to the organization ' s exclusive legal control? El Yes El No

6 Did the organization inform all grantees , donors , and donor advisors in writing that grant funds can be used only

for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring

benefit"

Part 11 1 Conservation Easements . Complete if the organization answered 'Yes' to Form 990, Part IV, line 7

1 Purpose (s) of conservation easements held by the organization (check all that apply).

0 Preservation of land for public use (e g ., recreation or pleasure) O Preservation of an historically important land area

0 Protection of natural habitat 0 Preservation of a certified historic structure

0 Preservation of open space

2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last

day of the tax year.

Held at the End of the Tax Year

a Total number of conservation easements 2a

b Total acreage restricted by conservation easements 2b

c Number of conservation easements on a certified historic structure included in (a) 2c

d Number of conservation easements included in (c) acquired after 8/17/06 2d

3 Number of conservation easements modified , transferred , released, extinguished , or terminated by the organization during the tax

year ►4 Number of states where property subject to conservation easement is located ►5 Does the organization have a written policy regarding the periodic monitoring , inspection , handling of

violations, and enforcement of the conservation easements it holds? El Yes 0 No

6 Staff and volunteer hours devoted to monitoring , inspecting , and enforcing conservation easements during the year ►7 Amount of expenses incurred in monitoring , inspecting , and enforcing conservation easements during the year ► $

8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h )(4)(B)(I)

and section 170(h )(4)(B)(II)" Yes El No

9 In Part XIV , describe how the organization reports conservation easements in its revenue and expense statement , and balance sheet, and

include , if applicable , the text of the footnote to the organization 's financial statements that describes the organization 's accounting for

conservation easements

Part [it Organizations Maintaining Collections of Art , Historical Treasures , or Other Similar Assets.Complete if the organization answered ' Yes' to Form 990, Part IV, line 8

1a If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of art, historical

treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIV, the text of

the footnote to its financial statements that describes these items

b If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art, historical treasures,

or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to

these items,

(i) Revenues Included in Form 990, Part VIII, line 1 ► $

(ii) Assets Included in Form 990, Part X ► $

2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide

the following amounts required to be reported under SFAS 116 relating to these items

a Revenues Included in Form 990, Part VIII, line 1 ► $

b Assets Included in Form 990, Part X ► $

LHA For Privacy Act and Paperwork Reduction Act Notice , see the Instructions for Form 990 . Schedule D (Form 990) 200993205102-01-10

2109230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

ScheduleD Fotm990 2009 FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page2

Part [II Organizations Maintaining Collections of Art, Historical Treasures , or Other Similar Assets (continued)

3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items

(check all that apply)

a O Public exhibition d Loan or exchange programs

b 0 Scholarly research e Other

c = Preservation for future generations

4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIV

5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets

to be sold to raise funds rather than to be maintained as part of the organization's collection'? El Yes 0 No

Part [V Escrow and Custodial Arrangements . Complete if organization answered 'Yes' to Form 990, Part IV, line 9, orreported an amount on Form 990, Part X, line 21.

la Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included

on Form 990, Part X" EJ Yes E] No

b If 'Yes,' explain the arrangement in Part XIV and complete the following table-

Amount

c Beginning balance 1c

d Additions during the year l d

e Distributions during the year le

f Ending balance If

2a Did the organization include an amount on Form 990, Part X, line 21? 0 Yes LI No

b If "Yes , " explain the arran gement in Part XIV.

Part V Endowment Funds. Complete if the organization answered "Yes' to Form 990, Part IV, line 10.

1a Beginning of year balance

b Contributions

c Net investment earnings, gains, and losses

d Grants or scholarships

e Other expenditures for facilities

and programs

f Administrative expenses

g End of year balance

(a) Current year (b) Prior year (c) Two years back Three years back (e) Four years back

2 Provide the estimated percentage of the year end balance held as:

a Board designated or quasi-endowment ► %

b Permanent endowment ► %

c Term endowment ► %

3a Are there endowment funds not in the possession of the organization that are held and administered for the organization

by. Yes No

(i) unrelated organizations

0ai(ii) related organizations 3a ( ii )

b If 'Yes' to 3a(ii), are the related organizations listed as required on Schedule R?

4 Descri be in Part XIV the intended uses of the organization's endowment funds

Part VI Investments - Land , Buildings , and Equipment . See Form 990, Part X, line 10

Description of investment (a) Cost or otherbasis (investment )

(b) Cost or otherbasis (other)

( c) Accumulated

depreciation(d) Book value

la Land 9 ,122. 9,122.b Buildings

c Leasehold improvements

d Equipment

e Other 2, 001, 332. 1, 668, 968. 332,364.Total . Add lines 1 a through 1 e (Column (d) must equal Form 990, Part X, column (B), line 10(c)) ► 341 , 486.

Schedule D (Form 990) 2009

93205202-01-10

09230210 758462 F5522

2009.05040 FOUNDATION FOR ECONOMIC EDU F55

ScheduleD (Form 990)2009 FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page3Part Vii Ihvestments - Other Securities . See Form 990. Part X. line 12

(a) Description of security or category(including name of security )

( b) Book value (c) Method of valuationCost or end-of -year market value

Financial derivatives

Closely-held equity interests

Other

20,000 SH METALCRAFT, INC 891,600. END-OF-YEAR MARKET VALUE

Total. ( Col ( b ) must eual Form 990 , Part X , col ( B ) line 12 ► 891 , 600. 1Part V111 Investments - Program Related . See Form 990, Part X, line 13.

(a) Description of investment type (b) Book value(c) Method of valuation:

Cost or end-of-year market value

Total. ( Col ( b ) must e q ual Form 990 , Part X , col ( B ) line 13 ►Part IX Other Assets. See Form 990, Part X, line 15.

(a) Description (b) Book value

Total . (Column (b) must equal Form 990, Part X, col (B) line 15. )

Part X Other Liabilities . See Form 990, Part X, line 25.1 (a) Description of liability (b) Amount

FUNDS HELD IN TRUST 136,057.CHARITABLE ANNUITY TRUST 63,669.CAPITAL LEASE 22,046.

Total . (Column (b) must equal Form 990, Part X, col (B) line 25 ) ► 1 22 1 , 7 7 2 .

2. FIN 48 Footnote . In Part XIV, provide the text of the footnote to the organization ' s financial statements that reports the organization 's liability for

uncertain tax positions under FIN 48.

002-01-10 Schedule D (Form 990) 200923

09230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

Schedule D (FoFm990)2009 FOUNDATION FOR ECONOMIC EDUCATION, INC. 13-6006960 Page4Part XE Reconciliation of Change in Net Assets from Form 990 to Audited Financial Statements1 Total revenue (Form 990, Part VIII, column (A), line 12) 1 2,516,732.2 Total expenses (Form 990, Part IX, column (A), line 25) 2 2,831,209.

3 Excess or (deficit) for the year. Subtract line 2 from line 1 3 . ><314, 477

4 Net unrealized gains (losses) on investments 4

5 Donated services and use of facilities 5

6 Investment expenses 6

7 Prior period adjustments 7

8 Other (Describe in Part XIV) 8 . ><115, 209

9 Total adjustments (net) Add lines 4 through 8 9 . ><115, 20910 Excess or (deficit ) for the year per audited financial statements. Combine lines 3 and 9 10 . ><429, 686Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return1 Total revenue, gains, and other support per audited financial statements 1 2,401,523.

2

a

Amounts included on line 1 but not on Form 990, Part VIII, line 12:

Net unrealized gains on investments 2a <115,209. >b Donated services and use of facilities 2b

c Recovenes of pnor year grants 2c

d Other (Descnbe in Part XIV) 2d

e Add lines 2a through 2d 2e <115,209.>

3 Subtract line 2e from line 1 3 2,516,732.4

a

b

c

Amounts included on Form 990, Part VIII, line 12, but not on line 1.

Investment expenses not included on Form 990, Part VIII, line 7b 4a

Other (Describe in Part XIV.) 4b

Add lines 4a and 4b c .

5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I line 12 ) 5 2 , 516 , 732.Part Xli[ Reconciliation of Expenses per Audited Financial Statements With Expenses per ReturnI Total expenses and losses per audited financial statements 1 2,831,209.

2

a

Amounts included on line 1 but not on Form 990, Part IX, line 25

Donated services and use of facilities 2a

b Prior year adjustments 2b

c Other losses 2c

d Other (Describe in Part XIV) 2d

e Add lines 2a through 2d 2e 0.

3 Subtract line 2e from line 1 3 2,831,209.

4

a

b

c

Amounts included on Form 990, Part IX, line 25, but not on line 1

Investment expenses not included on Form 990, Part VIII, line 7b 4a

Other (Describe in Part XIV) 4b

Add lines 4a and 4b c .

5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I line 18 ) 5 2 , 831 , 209.

Part XIV Supplemental InformationComplete this part to provide the descriptions required for Part 11, lines 3, 5, and 9, Part III, lines 1 a and 4, Part IV, lines 1 b and 2b, Part V, line 4; Part

X, line 2, Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b Also complete this part to provide any additional information

93205402-01-10

Schedule D (Form 990) 2009

2409230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

SCHEDULEI(Form 990) Grants and Other Assistance to Organizations,

Governments, and Individuals in the United States

Department of the Treasury Complete if the organization answered "Yes" on Form 990, Part IV, line 21 or 22.

Internal Revenue Service ► Attach to Form 990.

OMB No 1545-0047

2009Open to publicInspection

Name of the organization Employer identification numberFOUNDATION FOR ECONOMIC EDUCATION, INC. 13-600 6960

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance , the grantees ' eligibility for the grants or assistance, and the selection

criteria used to award the grants or assistance? = Yes No

2 Describe in Part IV the organization's procedures for monitorin g the use of g rant funds in the United States.

Part I) Grants and Other Assistance to Governments and Organizations in the United States . Complete if the organization answered "Yes" to Form 990, Part IV, line 21, for any

recipient that received more than $5,000. Check this box if no one recipient received more than $5,000 Use Part IV and Schedule I.1 (Form 990) if additional space is needed ► n1 (a) Name and address of organization (b) EIN (c) IRC section (d) Amount of (e) Amount of f) ethod of (g) Description of (h) Purpose of grant

or government if applicable cash grant non-cashvaluation (book,FMV, appraisal,

non-cash assistance or assistanceassistance other)

SOCIETY FOR THE DEV OF AUSTRIAN

ECO - 7708 QUEENS GARDEN - DALLAS , DEVELOPMENT OF ECONOMIC

TX 75248 1 , 000. 0. EDUCATION

INSTITUTE FOR HUMANE STUDIES

3301 N. FAIRFAX DRIVE DEVELOPMENT OF ECONOMIC

ARLINGTON , VA 22201 3 , 717. 0. EDUCATION

AMERICANS FOR PROSPERITY

2348 SW TOPEKA BLVD STE 201 DEVELOPMENT OF ECONOMIC

TOPEKA KS 66611 1 , 000. 0. EDUCATION

ECONOMIC THINKING

14307 23RD AVENUE SW DEVELOPMENT OF ECONOMIC

BURIEN , WA 98166 35 , 107. 0. EDUCATION

STUDENTS FOR LIBERTY C/O ALEXANDER

MCCOBIN - 1029 N. STUART ST #300 - DEVELOPMENT OF ECONOMIC

ARLINGTON , VA 22201 700. 0. EDUCATION

2 Enter total number of section 501 (c)(3) and government organizations ►3 Enter total number of other organizations ►

LHA For Privacy Act and Paperwork Reduction Act Notice , see the Instructions for Form 990. Schedule I (Form 990) 2009

932101 02-02-10 25

Schedule) (Form 990 2009 FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page 2Part 11) Grants and Other Assistance to Individuals in the United States . Complete if the organization answered "Yes' to Form 990, Part IV, line 22.

Use Part IV and Schedule l•1 (Form 990) if additional space is needed

(a) Type of grant or assistance (b) Number ofrecipients

(c) Amount ofcash grant

(d) Amount of non-cash assistance

(e) Method of valuation(book, FMV, appraisal, other)

(f) Description of non-cash assistance

Part IV I Supplemental Information . Complete this part to provide the information required in Part I, line 2, and any other additional information

932102 02-02-10 Z 0 Schedule I (Form 990) 2009

SCHEDULEJ Compensation Information OMB No 1545-0047

(Form 990) ' For certain Officers , Directors , Trustees , Key Employees , and HighestCompensated Employees 2009

► Complete if the organization answered " Yes" to Form 990,

Department of the Treasury Part IV , line 23. Open to Public

Internal Revenue Service ► Attach to Form 990. ► See separate instructions . Inspection

Name of the organization Employer identification number

FOUNDATION FOR ECONOMIC EDUCATION, INC. 13-6006960Part I I Questions Regarding Compensation

Yes No

la Check the appropriate box(es) if the organization provided any of the following to or for a person listed in Form 990,

Part VII, Section A , line 1 a Complete Part III to provide any relevant information regarding these items

First-class or charter travel Housing allowance or residence for personal use

LI Travel for companions 0 Payments for business use of personal residence

0 Tax indemnification and gross-up payments 0 Health or social club dues or initiation fees

LI Discretionary spending account 0 Personal services (e.g , maid , chauffeur, chef)

b If any of the boxes on line la are checked, did the organization follow a written policy regarding payment or

reimbursement or provision of all of the expenses described above" If 'No,' complete Part III to explain

2 Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all officers, directors,

trustees, and the CEO/Executive Director, regarding the items checked in line 1 a?

3 Indicate which , if any, of the following the organization uses to establish the compensation of the organization's

CEO/Executive Director Check all that apply.

Compensation committee 0 Written employment contract

Independent compensation consultant Compensation survey or study

0 Form 990 of other organizations Approval by the board or compensation committee

4 During the year, did any person listed in Form 990 , Part VII, Section A , line 1a , with respect to the filing

organization or a related organization:

a Receive a severance payment or change-of-control payment? 4a X

b Participate in, or receive payment from , a supplemental nonqualified retirement plans 4b X

c Participate in, or receive payment from, an equity-based compensation arrangement? 4c

T

X

If 'Yes' to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only section 501 (c)(3) and 501 (c)(4) organizations must complete lines 5-9.

5 For persons listed in Form 990, Part VII, Section A, line 1 a, did the organization pay or accrue any compensation

contingent on the revenues of:

a The organization? 5a X

b Any related organization? 5b X

If 'Yes" to line 5a or 5b, describe in Part II

6 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation

contingent on the net earnings of

a The organization? 6a X

b Any related organization? 6b X

If "Yes" to line 6a or 6b, describe in Part I l l

7 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed payments

not described in lines 5 and 6" If 'Yes," describe in Part III 7 X

8 Were any amounts reported in Form 990, Part VII, paid or accrued pursuant to a contract that was subject to the

initial contract exception described in Regs. section 53 4958.4(a)(3)" If 'Yes,' describe in Part III 8 X

9 If 'Yes' to line 8, did the organization also follow the rebuttable presumption procedure described in

Regulations section 53 4958-6(c)? 9

LHA For Privacy Act and Paperwork Reduction Act Notice , see the Instructions for Form 990 . Schedule J (Form 990) 2009

93211102-02-10

2709230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

Schedule) ( For 990 2009 FOUNDATION FOR ECONOMIC EDUCATION , INC. 13-6006960 Page 2oart

it Officers, Directors , Trustees , Key Employees, and Highest Compensated Employees. Use Schedule J•1 if additional space is needed.

For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations , described in the instructions, on row (ii)

Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns ( B)(i)•(ui) must equal the applicable column (D) or column ( E) amounts on Form 990, Part VII, line 1 a

( B) Breakdown of W-2 and/or 1099-MISC compensation (C)R t t d

(D)

N t bl

(E)T l lt f

(F)tC

(A) Name( i) Base

compensation( ii) Bonus &incentive

compensation

(iii) Otherreportable

compensation

e iremen another deferredcompensation

on axa ebenefits

umnso a o co( B)(i)•(D)

ompensa ionreported in priorForm 990 orForm 990•EZ

0) 150,419. 16,013. 0. 0. 0. 166,432. 0.LAWRENCE REED 0. 0. 0. 0. 0. 0. 0.

(i)

li)

(i)

G)

G)

f)

G)

(i)

f)

G)

(i)

W

G)

V)i.

(i)

Schedule J (Form 990) 2009

932112 02-02-10 28

SCHEDULE M Noncash Contributions OMB No 1545-0047

(Form 990)101 2009Complete if the organizations answered "Yes" on Form

Department of the Treasury 990, Part IV, lines 29 or 30. Open to PublicInternal Revenue Service

I Attach to Form 990 . inspection

Name of the organization Employer identification number

FOUNDATION FOR ECONOMIC EDUCATION, INC. 13-6006960Part I Types of Property

(a)Check If

applicable

(b)Number of

contributions

(c)Revenues reported on

Form 990, Part VIII, line 1g

(d)Method of determining

revenues

I Art - Works of art

2 Art - Historical treasures

3 Art - Fractional Interests

4 Books and publications

5 Clothing and household goods

6 Cars and other vehicles

7 Boats and planes

8 Intellectual property

9 Securities - Publicly traded X 3 MV AT END OF YEAR

10 Securities - Closely held stock

11 Securities - Partnership, LLC, or

trust Interests

12 Securities - Miscellaneous

13 Qualified conservation contribution -

Historic structures

14 Qualified conservation contribution - Other

15 Real estate - Residential

16 Real estate - Commercial

17 Real estate - Other

18 Collectibles

19 Food inventory

20 Drugs and medical supplies

21 Taxidermy

22 Historical artifacts

23 Scientific specimens

24 Archeological artifacts

25 Other 1

26 Other 01

27 Other 1

28 Other 110-

29 Number of Forms 8283 received by the organization during the tax year for contributions

for which the organization completed Form 8283, Part IV, Donee Acknowledgment 29

Yes No

30a During the year, did the organization receive by contribution any property reported in Part I, lines 1-28 that it must hold for

at least three years from the date of the initial contribution, and which is not required to be used for exempt purposes for

the entire holding period? 30a X

b If "Yes," describe the arrangement in Part II

31 Does the organization have a gift acceptance policy that requires the review of any non-standard contributions'' 31 X

32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions'? 32a X

b If 'Yes," describe in Part II

33 If the organization did not report revenues in column (c) for a type of property for which column (a) is checked,

describe in Part II.

LHA For Privacy Act and Paperwork Reduction Act Notice , see the Instructions for Form 990 . Schedule M (Form 990) 2009

93214103-12-10

2909230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

SCHEDULE'O Supplemental Information to Form 990 OMB No 1545-0047

(Form 990) Complete to provide information for responses to specific questions on 2009Form 990 or to provide any additional information . Open to PublicDepartment of the Treasury

Internal Revenue Service 01 Attach to Form 990. Inspection

Name of the organization Employer identification numberFOUNDATION FOR ECONOMIC EDUCATION, INC. 13-6006960

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

PROPERTY, INDIVIDUAL LIBERTY, THE RULE OF LAW, THE FREE MARKET, AND THE

MORAL SUPERIORITY OF INDIVIDUAL CHOICE AND RESPONSIBILITY OVER

COERCION.

FORM 990, PART VI, SECTION B, LINE 11: COPY IS PROVIDED TO ORGANIZATION

AND GOVERNING BOARD.

FORM 990, PART VI, SECTION B, LINE 15A: REVIEWED, DELIBERATED AND DECIDED

BY THE BOARD OF TRUSTEES.

FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS

GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS

AVAILABLE TO THE PUBLIC UPON REQUEST.

FORM 990 PART X, LINE 2C INDEPENDENT AUDITOR'S SELECTED BY AUDIT

COMMITTEE (BOARD

LHA For Privacy Act and Paperwork Reduction Act Notice , see the Instructions for Form 990 . Schedule 0 (Form 990) 200993221102-03-10

3009230210 758462 F55 2009.05040 FOUNDATION FOR ECONOMIC EDU F55 1

Form 8868 I Application for Extension of Time To File an(Rev.Apn12009) I Exempt Organization Return OMB No. 1545.1709Department of the TreasuryInternal Revenue Service ► File a separate application for each return.

• If you are filing for an Automatic 3-Month Extension , complete only Part I and check this box ► LX

• If you are filing for an Additional (Not Automatic) 3-Month Extension , complete only Part II (on page 2 of this form).

Do not complete Part II unless you have already been granted an automatic 3-month extension on a previously filed Form 8868.

part I Automatic 3-Month Extension of Time. Only submit original (no copies needed)

A corporation required to file Form 990-T and requesting an automatic 6-month extension - check this box and complete

Part I only ►

All other corporations (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of timeto file income tax returns.

Electronic Filing (e-file). Generally, you can electronically file Form 8868 if you want a 3-month automatic extension of time to file one of the returnsnoted below (6 months for a corporation required to file Form 990-T). However, you cannot file Form 8868 electronically if (1) you want the additional(not automatic) 3-month extension or (2) you file Forms 990-BL, 6069, or 8870, group returns, or a composite or consolidated Form 990-T. Instead,you must submit the fully completed and signed page 2 (Part II) of Form 8868. For more details on the electronic filing of this form, visit

Type or

print

File by the

due date for

filing your

return See

instructions

Name of Exempt Organization Employer identification number

FOUNDATION FOR ECONOMIC EDUCATION, INC. 13-6006960

1 Number , street , and room or suite no . If a P.O. box, see instructions.30 SOUTH BROADWAY

City, town or post office , state , and ZIP code. For a foreign address , see instructions.IRVINGTON, NY 10533

Check type of return to be filed (file a separate application for each return):

F7X Form 990 Q Form 990-T (corporation ) Form 4720

0 Form 990-BL Form 990-T (sec. 401(a) or 408 (a) trust) Form 5227

0 Form 990-EZ Form 990-T (trust other than above) Form 6069

Form 990-PF Form 1041-A Form 8870

THE FOUNDATION FOR ECONOMIC EDUCATI - 30 SOUTH BROADWAY,• The books are in the care of ► IRVINGTON, NEW YORK - IRVINGTON, NY 10533

Telephone No. 11111, 914-591-7230 FAX No. ►• If the organization does not have an office or place of business in the United States , check this box ►• If this is for a Group Return , enter the organization ' s four digit Group Exemption Number (GEN) . If this is for the whole group , check thisbox ► 0 - If it is for part of the group , check this box ► LI and attach a list with the names and EINs of all members the extension will cover.

1 I request an automatic 3 -month (6-months for a corporation required to file Form 990 -T) extension of time untilNOVEMBER 15, 2010 , to file the exempt organization return for the organization named above . The extension

is for the organization 's return for:

►0 calendar year or

►0 tax year beginning APR 1, 20 09 , and ending MAR 31, 2010

2 If this tax year is for less than 12 months , check reason : 0 Initial return LI Final return 0 Change in accounting period

3a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any

b If this application is for Form 990-PF or 990-T, enter any refundable credits and estimated

tax payments made. Include any pnor Year overoavment allowed as a credit.

c Balance Due. Subtract line 3b from line 3a. Include your payment with this form, or, if required,

deposit with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System).

N/A

Caution . If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453-EO and Form 8879-EO for payment instructions.

LHA For Privacy Act and Paperwork Reduction Act Notice , see Instructions . Form 8868 (Rev 4-2009)

92383105-26-09

13500812 758462 F55 2009.04011 FOUNDATION FOR ECONOMIC EDU F55 1

Form 8869 (Rev 4-2009) Page 2

• If you are filirig for an Additional (Not Automatic) 3-Month Extension, complete only Part II and check this box ► QX

Note . Only complete Part II if you have already been granted an automatic 3-month extension on a previously filed Form 8868.

• If you are filing for an Automatic 3-Month Extension , complete only Part I (on page 1).

Part 11 Additional (Not Automatic) 3-Month Extension of Time. Only file the original (no copies needed).

Type orName of Exempt Organization Employer identification number

printFOUNDATION FOR ECONOMIC EDUCATION, INC. 13-6006960

Rle by the

extended Number, street , and room or suite no . If a P.O . box, see instructions . For IRS use onlydue date for

filin th30 SOUTH BROADWAY

g e

-return see City , town or post office, state , and ZIP code For a foreign address , see instructions. TInstructions IRVINGTON r NY 10533 ,Check type of return to be filed ( File a separate application for each return):

E Form 990 El Form 990-EZ El Form 990-T (sec 401 (a) or 408 (a) trust ) El Form 1041 •A El Form 5227 El Form 8870

0 Form 990-BL El Form 990-PF 0 Form 990-T (trust other than above) 0 Form 4720 0 Form 6069

STOP! Do not complete Part II if you were not already granted an automatic 3-month extension on a previously filed Form 8868.

THE FOUNDATION FOR ECONOMIC EDUCATI - 30 SOUTH BROADWAY,The books are in the care of ► IRVINGTON r NEW YORK - IRVINGTON r NY 10533Telephone No ► 91 4 -5 9 1-7 2 3 0 FAX No. ►

• If the organization does not have an office or place of business in the United States , check this box .. ► 0• If this is for a Group Return , enter the organization 's four digit Group Exemption Number (GEN) . If this is for the whole group , check this

box ► 0 . If it is for part of the group, check this box ►0 and attach a list with the names and EINs of all members the extension is for.

4 I request an additional 3-month extension of time until FEBRUARY 15, 2011 .

5 For calendar year , or other tax year beginning APR 1, 200 9 , and ending MAR 31 r 2010

6 If this tax year is for less than 12 months , check reason : 0 Initial return Final return O Change in accounting period

7 State in detail why you need the extension

ADDITIONAL TIME IS NECESSARY TO COMPLETE AUDIT AND TAX INFORMATION INORDER TO FILE RETURN PROPERLY.

8a If this application is for Form 990-BL, 990•PF, 990-T, 4720, or 6069, enter the tentative tax, less any

b If this application is for Form 990-PF, 990•T, 4720, or 6069 , enter any refundable credits and estimated

tax payments made . Include any prior year overpayment allowed as a credit and any amount paid

c Balance Due. Subtract line 8b from line 8a . Include your payment with this form , or, if required , deposit

with FTD coupon or, if required , by using EFTPS ( Electronic Federal Tax Payment System). See instructions . 8c $ N/A

Signature and VerificationUnder penalties of a ury , I declare that I have examined this form , including accompanying schedules and statements , and to the best of my knowledge and belief,it is true , correct omplete , and tha I am^thQnz d to prepare this form

Signature ► ^Lrvl /-- Title ► CPA Date ►8868 (Rev 4-2009)

92383205-26-09

L531103 758462 F55 2009.04050 FOUNDATION FOR ECONOMIC EDU F55

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STATEMENT #11

STATEMENT #11