NonprofitsTax Foundation

Public & Societal Benefit

Tax Foundation

TAMPA, FL

Total revenue

$8.0M

Total expenses

$8.9M

Net assets

$5.7M

Grants received

$3.9M

59 grants

EIN

521703065

Tax year

2024

Mission

The tax foundation is the nation's leading independent tax policy nonprofit. Since 1937, our principled research, insightful analysis, and engaged experts have informed smarter tax policy at the federal, state, and global levels. For over 80 years, our goal has remained the same: to improve lives through tax policies that lead to greater economic growth and opportunity.

Programs

3 programs

Marketing and communication - the foundation's marketing team makes tax policy engaging and accessible to taxpayers, legislators, and the media through innovative, multi-channel campaigns. The foundation's team delivers high-quality content to the right people, at the right time, in a format that promotes deeper understanding using tools like social media, digital advertising, interactive web experiences, and email. In 2024, the foundation earned 37,410 media citations in the world's top news outlets, including the wall street journal, the washington post, the new york times, nbc news, fox news, and npr; its experts conducted 61 radio and tv interviews and placed 47 op-eds; taxfoundation.org was visited 22 million times; its social media audience grew 11 percent to 121,371 total followers; its podcast listenership grew by 340 percent, resulting in 192,460 listens; and its email newsletter grew 24 percent to 76,400 subscribers.

Expenses: $1.6M

State tax policy - this program promotes state tax reform with comprehensive annual reports, research, policy analysis, and in-depth state-specific studies. In 2024, the foundation testified or presented to officials-virtually and in-person-in 32 states, met with in state groups or audiences in all 50 states and the district of columbia, and published seven forward looking blueprints for state tax reform.the foundation is often looked to by legislators, taxpayers, and the media (with 11,900 media citations in 2024) to recommend tax reform options or provide analysis of tax plans. The foundation's analysis, and studies such as the state business tax climate index, inform the tax reform debate across the country and have been crucial to major tax changes in many states, and foundation experts have been a vital resource to policymakers and journalists as states navigate an increasingly mobile economy characterized by a greater focus on tax competitiveness.

Expenses: $1.1M

Global tax reform - was launched to promote pro-growth tax policies throughout the world with a primary focus on europe. The global program produces in-depth studies of economic data and uses a variety of measures, such as the international tax competitiveness index, to compare tax systems. The foundation's experts have provided briefings in countries throughout europe and are relied upon by media, policy makers, and other policy groups to provide analysis of tax proposals throughout the world. In 2024, the tax foundation's work was cited in 114 countries and received nearly 10,000 international media citations.

Expenses: $1.1MGrants: $31K

Financials

FY 2024

Revenue

Contributions & grants$7.9M
Program service revenue$30K
Investment income$292K
Other revenue
Total revenue$8.0M

Expenses

Grants paid$31K
Salaries & benefits$5.9M
Fundraising$1.4M
Other expenses$3.0M
Total expenses$8.9M
Total assets$7.1M
Net assets$5.7M

People

20 listed

NameRoleCompensation

SCOTT HODGE PRESIDENT

EMERITUS & SR. POLICY ADVISOR

Board

$357K

40 hrs/wk

DANIEL D BUNN

PRESIDENT, CEO, BOARD SECRETARY

Board

$287K

40 hrs/wk

TOM ROESSER

DIRECTOR

Board

1 hrs/wk

KURT LAMP

DIRECTOR AS OF 04/2024

Board

1 hrs/wk

LOREN PONDS

DIRECTOR AS OF 04/2024

Board

1 hrs/wk

DAVID P LEWIS

CHAIRMAN

Board

1 hrs/wk

TADD FOWLER

DIRECTOR AS OF 04/2024

Board

1 hrs/wk

THE HONORABLE KEVIN BRADY

DIRECTOR AS OF 04/2024

Board

1 hrs/wk

PHIL BULLOCK

DIRECTOR AS OF 04/2024

Board

1 hrs/wk

JAMES W LINTOTT

TREASURER

Board

1 hrs/wk

THE HONORABLE PHILIP ENGLISH

DIRECTOR

Board

1 hrs/wk

DENNIS GROTH

DIRECTOR

Board

1 hrs/wk

DOUGLAS HOLTZ-EAKIN

DIRECTOR

Board

1 hrs/wk

STEPHEN KRANZ

DIRECTOR

Board

1 hrs/wk

PAMELA OLSON

DIRECTOR

Board

1 hrs/wk

WILLIAM MCBRIDE VP OF

FEDERAL TAX AND ECONOMIC POLICY

Staff

$200K

40 hrs/wk

MICHAEL RESSEGUE

CHIEF OF STAFF

Staff

$175K

40 hrs/wk

ALAN M COLE

SENIOR ECONOMIST

Staff

$162K

40 hrs/wk

COLBY PASTRE

VP OF MARKETING AND COMMUNICATIONS

Staff

$160K

40 hrs/wk

JARED M WALCZAK

VP OF STATE POLICY

Staff

$154K

40 hrs/wk

Independent contractors

RIDGEWELLS CATERING

EVENT AND CATERING SERVICES

$190K

SOLIANT

CONSULTING

$135K

DAVIDSON & CO

DIRECT MAIL & FUNDRAISING

$132K

HAN GROUP

ACCOUNTING

$123K

MVP PRESS LLC

DIRECT MAIL & PRINTING SERVICES

$110K

Grants received

Showing 59 of 59

FromAmountPurposeYear
$310K
GENERAL SUPPORT
2024
$30K
Sponsorship of event
2024
$25K
Economic Education
2024
$20K
CONTRIBUTION TO ANNUAL AWARDS DINNER
2024
$15K
for general operations
2024
$11K
FOR GENERAL SUPPORT.
2024
$10K
Public, Societal Benefit
2024
$8K
GENERAL SUPPORT
2024
$362K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$150K
GENERAL SUPPORT
2023
$100K
PUBLIC, SOCIETAL BENEFIT
2023
$68K
For grant recipient's exempt purposes
2023
$35K
GENERAL SUPPORT FOR 2024
2023
$29K
PUBLIC, SOCIETAL BENEFIT
2023
$14K
for general operations
2023
$380K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$164K
GENERAL SUPPORT
2022
$100K
GENERAL SUPPORT
2022
$86K
For grant recipient's exempt purposes
2022
$25K
GENERAL SUPPORT
2022
$25K
PUBLIC, SOCIETAL BENEFIT
2022
$19K
for general operations
2022
$15K
BENEFIT GREATER AURORA AREA
2022
$10K
PUBLIC, SOCIETAL BENEFIT
2022
$370K
For recipient's exempt purpose
2021
$61K
GENERAL SUPPORT
2021
$61K
GENERAL SUPPORT
2021
$51K
For grant recipient's exempt purposes
2021
$51K
For grant recipient's exempt purposes
2021
$24K
PUBLIC, SOCIETAL BENEFIT
2021
$13K
SUPPORT OPERATIONS
2021
$10K
PUBLIC, SOCIETAL BENEFIT
2021
$476K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$90K
GENERAL SUPPORT
2020
$62K
PUBLIC, SOCIETAL BENEFIT
2020
$50K
for the COVID-19 Response Center proposal
2020
$49K
For grant recipient's exempt purposes
2020
$25K
PROGRAM SUPPORT
2020
$25K
Economic education
2020
$22K
PUBLIC, SOCIETAL BENEFIT
2020
$8K
GENERAL OPERATING
2020
$4K
for general operations
2020
$3K
for general operations, Special Mid-Year Covid Contribution
2020
$1K
UNRESTRICTED USE
2020
$350
for the area of highest need
2020
$138K
For grant recipient's exempt purposes
2019
$101K
PUBLIC, SOCIETAL BENEFIT
2019
$33K
PUBLIC, SOCIETAL BENEFIT
2019
$30K
For grant recipient's exempt purposes
2018
$23K
PUBLIC, SOCIETAL BENEFIT
2018
$30K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$25K
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$3.9M from 24 funders · 59 grants · 2017–2024

Vanguard Charitable Endowment Program

$1.6M · 4 grants · 2020–2023

The Business Roundtable Inc

$714K · 4 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$503K · 8 grants · 2017–2023

National Philanthropic Trust

$282K · 5 grants · 2019–2023

Donor Advised Charitable Giving Inc

$180K · 7 grants · 2017–2023

The Blackbaud Giving Fund

$147K · 3 grants · 2021–2022

Donors Trust Inc

$105K · 7 grants · 2020–2024

Alliance For Market Solutions Action

$100K · 1 grant · 2022

Details

EIN521703065
NTEE codeW05
Subsection03
Ruling date1990-12
Formed1990
Employees50
Volunteers13
TAX FOUNDATION — Mission, Financials & Grants Received | Grantivo