Nonprofits›Foundation For Free Enterprise Education

Youth Development

Foundation For Free Enterprise Education

ERIE, PA

Website

Total revenue

$2.1M

Total expenses

$1.5M

Net assets

$7.5M

Grants received

$2.1M

86 grants

EIN

251394365

Tax year

2023

Mission

To heighten the awareness of pennsylvania's youth about their future role in the american free enterprise system by delivering high-quality and practical hands-on educational experiences. The foundation also became the exclusive pennsylvania coordinator for the stock market game (smg). Smg is an internationally acclaimed interactive in-school program that teaches students in grades 4-12 about global capital markets, investing and personal finance.

Financials

FY 2023

Revenue

Contributions & grants$1.3M
Program service revenue$547K
Investment income$285K
Other revenue—
Total revenue$2.1M

Expenses

Grants paid—
Salaries & benefits$837K
Fundraising$221K
Other expenses$701K
Total expenses$1.5M
Total assets$7.9M
Net assets$7.5M

People

33 listed

NameRoleCompensation

KAREN M MUSANTE

PRESIDENT & CEO

Board

$167K

40 hrs/wk

DARLENE J ROBBINS

DIRECTOR

Board

—

1 hrs/wk

DAVID A CAMPBELL

DIRECTOR

Board

—

1 hrs/wk

DAVID N TAYLOR

DIRECTOR

Board

—

1 hrs/wk

GARY M GOSS

DIRECTOR

Board

—

1 hrs/wk

GENE BARR

DIRECTOR

Board

—

1 hrs/wk

GEORGE M BOOK JR

DIRECTOR

Board

—

1 hrs/wk

JAMES KILGALLON

DIRECTOR

Board

—

1 hrs/wk

JASON C FINK

DIRECTOR

Board

—

1 hrs/wk

JON G WHITEMAN

VICE CHAIRMAN/ASSISTANT TR

Board

—

1 hrs/wk

JOSEPH D HURD

DIRECTOR

Board

—

1 hrs/wk

KATIE E CLARKE

VICE CHAIRPERSON

Board

—

1 hrs/wk

KEVIN SHIVERS

CHAIRMAN

Board

—

1 hrs/wk

KEVIN W DAVIS

DIRECTOR

Board

—

1 hrs/wk

KYLE P WHERRITY

DIRECTOR

Board

—

1 hrs/wk

LAWRENCE E RYBACKI

EMERITUS DIRECTOR

Board

—

1 hrs/wk

CHAD M AMOND

DIRECTOR

Board

—

1 hrs/wk

LOWMAN S HENRY

SECRETARY

Board

—

1 hrs/wk

MARK A KARENCHAK

DIRECTOR

Board

—

1 hrs/wk

MARK J PIETRUSINSKI

DIRECTOR

Board

—

1 hrs/wk

NICK N SCOTT JR

DIRECTOR

Board

—

1 hrs/wk

PATRICIA A BAUN

DIRECTOR

Board

—

1 hrs/wk

PAUL J WARD ESQ

TREASURER

Board

—

1 hrs/wk

ROBERT J WETZEL ESQ

EMERITUS DIRECTOR

Board

—

1 hrs/wk

RUDOLPH D FRANK

DIRECTOR

Board

—

1 hrs/wk

RUSSELL P BROOKS

IMMEDIATE PAST CHAIRMAN

Board

—

1 hrs/wk

RYAN L NEWMAN

DIRECTOR

Board

—

1 hrs/wk

SCOTT R WYMAN

DIRECTOR

Board

—

1 hrs/wk

THOMAS PALISIN

DIRECTOR

Board

—

1 hrs/wk

DAVIE J GILMOUR

DIRECTOR

Board

—

1 hrs/wk

CARL A MARRARA

DIRECTOR

Board

—

1 hrs/wk

TARA MURRAY

DIRECTOR

Board

—

1 hrs/wk

LINDSAY GRIFFIN-BOYLAN

DIRECTOR

Board

—

1 hrs/wk

Grants received

Showing 86 of 86

FromAmountPurposeYear
ERIE COMMUNITY FOUNDATION
$355K
VARIOUS PROJECTS
2024
AMERICAN ONLINE GIVING FOUNDATION INC
$26K
GENERAL SUPPORT
2024
THE GREATER CINCINNATI FOUNDATION
$7K
PROGRAMATIC SUPPORT
2024
GROWTH RESOURCES OF WELLSBORO FOUNDATION
$7K
TO PROVIDE SCHOLARSHIPS FOR LOCAL STUDENTS.
2024
THE GREATER CINCINNATI FOUNDATION
$7K
PROGRAMATIC SUPPORT
2024
D M DILELLA FAMILY FOUNDATION
$5K
GRANT TO ANOTHER 501(C)(3) ORG
2024
THE MANITOWOC COMPANY FOUNDATION
$1K
GENERAL SUPPORT
2024
THE CATHERINE V AND MARTIN HOFMANN
$700
VARIOUS RELIGIOUS, CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES
2024
ERIE COMMUNITY FOUNDATION
$328K
VARIOUS PROJECTS
2023
ALLEGHENY FOUNDATION
$40K
PROGRAM SUPPORT
2023
AMERICAN ONLINE GIVING FOUNDATION INC
$36K
GENERAL SUPPORT
2023
MCKENNA PHILIP M FDN
$20K
STUDENT PROGRAMMING
2023
Justamere Foundation
$15K
Pennsylvania Free Enterprise Week and the Speaker Series
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$12K
For grant recipient's exempt purposes
2023
LINCOLN LEARNING SOLUTIONS INC
$11K
SUPPORT OPERATIONS
2023
CLARK ASSOCIATES CHARITABLE FOUNDATION
$11K
PROVIDE LEARNING OPPORTUNITIES TO STUDENTS
2023
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
The James M and Margaret V Stine Foundation
$10K
General & Unrestricted
2023
GROWTH RESOURCES OF WELLSBORO FOUNDATION
$7K
TO PROVIDE SCHOLARSHIPS FOR LOCAL STUDENTS.
2023
TIPPINS FOUNDATION
$6K
ENTREPRENEURIAL EDUCATION
2023
PPL FOUNDATION
$6K
PROGRAM SUPPORT
2023
PPL FOUNDATION
$6K
PROGRAM SUPPORT
2023
SAMUEL-EDITH JUSTUS CHAR TRUST
$3K
PFEW VENANGO COUNTY
2023
HEADER FAMILY FOUNDATION
$1K
GENERAL FUND PURPOSE
2023
CONNELLY FOUNDATION
$295
SUMMER SCHOLARS PROGRAM
2023
ERIE COMMUNITY FOUNDATION
$338K
VARIOUS PROJECTS
2022
THE EBERLY FOUNDATION
$40K
SCHOLARSHIPS FOR FAYETTE
2022
AMERICAN ONLINE GIVING FOUNDATION INC
$36K
GENERAL SUPPORT
2022
ALLEGHENY FOUNDATION
$25K
PROGRAM SUPPORT
2022
LINCOLN LEARNING SOLUTIONS INC
$21K
SUPPORT OPERATIONS
2022
MCKENNA PHILIP M FDN
$20K
STUDENT PROGRAMMING
2022
FIRSTENERGY FOUNDATION
$15K
EDUCATION
2022
FIRSTENERGY FOUNDATION
$15K
EDUCATION
2022
FIRSTENERGY FOUNDATION
$15K
EDUCATION
2022
Justamere Foundation
$15K
Pennsylvania Free Enterprise Week 2023 and the Speaker Series
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$14K
For grant recipient's exempt purposes
2022
CHARITIES AID FOUNDATION AMERICA
$11K
CHARITABLE DONATION
2022
CLARK ASSOCIATES CHARITABLE FOUNDATION
$10K
PROVIDE LEARNING OPPORTUNITIES TO STUDENTS
2022
GROWTH RESOURCES OF WELLSBORO FOUNDATION
$7K
TO PROVIDE SCHOLARSHIPS FOR LOCAL STUDENTS.
2022
TIPPINS FOUNDATION
$6K
ENTREPRENEURIAL EDUCATION
2022
THE PITTSBURGH FOUNDATION
$5K
YOUTH DEVELOPMENT PROGRAMS
2022
TD CHARITABLE FOUNDATION
$5K
THE STOCK MARKET GAME 2023 PROGRAM
2022
The James M and Margaret V Stine Foundation
$5K
General & Unrestricted
2022
PPL FOUNDATION
$4K
PROGRAM SUPPORT
2022
WILLIAM STUCKI HANSEN FOUNDATION
$3K
EDUCATION
2022
SAMUEL-EDITH JUSTUS CHAR TRUST
$3K
PFEW VENANGO COUNTY
2022
THE MANITOWOC COMPANY FOUNDATION
$695
GENERAL SUPPORT
2022
THE PFIZER FOUNDATION INC
$250
MATCHING GIFTS
2022
AMERICAN ONLINE GIVING FOUNDATION INC
$34K
GENERAL SUPPORT
2021
THE EBERLY FOUNDATION
$25K
SCHOLARSHIPS FOR FAYETTE
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$14K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$14K
For grant recipient's exempt purposes
2021
LINCOLN LEARNING SOLUTIONS INC
$10K
SUPPORT OPERATIONS
2021
GROWTH RESOURCES OF WELLSBORO FOUNDATION
$6K
TO PROVIDE SCHOLARSHIPS FOR LOCAL STUDENTS.
2021
TIPPINS FOUNDATION
$3K
ENTREPRENEURIAL EDUCATION
2021
PPL FOUNDATION
$3K
PROGRAM SUPPORT
2021
THE MANITOWOC COMPANY FOUNDATION
$625
GENERAL SUPPORT
2021
ERIE COMMUNITY FOUNDATION
$229K
VARIOUS PROJECTS
2020
ALLEGHENY FOUNDATION
$25K
PROGRAM SUPPORT
2020
ROBERT E LAMB FOUNDATION INC
$20K
GENERAL
2020
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
MCKENNA PHILIP M FDN
$10K
SCHOLARSHIPS FOR
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$9K
For grant recipient's exempt purposes
2020
THE PITTSBURGH FOUNDATION
$6K
YOUTH DEVELOPMENT
2020
THE MILL SPRING FOUNDATION 084206-000
$5K
GENERAL OPERATING FUND
2020
LINCOLN LEARNING SOLUTIONS INC
$5K
SUPPORT OPERATIONS
2020
The James M and Margaret V Stine Foundation
$5K
General & Unrestricted
2020
WILLIAM STUCKI HANSEN FOUNDATION
$3K
EDUCATION
2020
SAMUEL-EDITH JUSTUS CHAR TRUST
$3K
PFEW VENANGO COUNTY
2020
PPL FOUNDATION
$3K
PROGRAM SUPPORT
2020
CENTRAL PENNSYLVANIA SCHOLARSHIP FUND
$3K
PENNSYLVANIA EITC EIO GRANT
2020
TIPPINS FOUNDATION
$1K
ENTREPRENEURIAL EDUCATION
2020
THE MANITOWOC COMPANY FOUNDATION
$625
GENERAL SUPPORT
2020
The Bank of America Charitable Foundation Inc
$192
GENERAL SUPPORT
2020
AMERICAN ONLINE GIVING FOUNDATION INC
$18K
GENERAL SUPPORT
2019
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$8K
For grant recipient's exempt purposes
2019
LINCOLN LEARNING SOLUTIONS INC
$5K
SUPPORT OPERATIONS
2019
CENTRAL PENNSYLVANIA SCHOLARSHIP FUND
$5K
PENNSYLVANIA EITC EIO GRANT
2019
ROBERT E LAMB FOUNDATION INC
$15K
GENERAL
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$7K
For grant recipient's exempt purposes
2018
RELDON & HATTIE COOPER CHARITABLE
$5K
SCHOLARSHIPS - FREE ENTERPRISE WEEK
2018
LINCOLN LEARNING SOLUTIONS INC
$5K
SUPPORT OPERATIONS
2018
SAMUEL-EDITH JUSTUS CHAR TRUST
$3K
PFEW 2018 VENANGO COUNTY
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$8K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
LINCOLN LEARNING SOLUTIONS INC
$6K
SUPPORT OPERATIONS
2017
WILLIAM STUCKI HANSEN FOUNDATION
$1K
EDUCATION
2017

Funded by

$2.1M from 32 funders · 86 grants · 2017–2024

Erie Community Foundation

$1.2M · 4 grants · 2020–2024

American Online Giving Foundation Inc

$150K · 5 grants · 2019–2024

Allegheny Foundation

$90K · 3 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$85K · 8 grants · 2017–2023

The Eberly Foundation

$65K · 2 grants · 2021–2022

Lincoln Learning Solutions Inc

$63K · 7 grants · 2017–2023

Mckenna Philip M Fdn

$50K · 3 grants · 2020–2023

Firstenergy Foundation

$45K · 3 grants · 2022

Details

EIN251394365
NTEE codeO53I
Subsection03
Ruling date1981-04
Formed1979
Employees32
Volunteers181
FOUNDATION FOR FREE ENTERPRISE EDUCATION — Mission, Financials & Grants Received | Grantivo