Program areas at PFEW
The Foundation for Free Enterprise Education successfully operated three hands-on youth Education programs that impacted more than 10,000 young pennsylvanians in 2022. Pennsylvania Free Enterprise week (pfew) teaches high school students about business and Free Enterprise and helps them develop relevant, job-ready skills. Pfew operated five week-long summer sessions on the campuses of lycoming college and Pennsylvania college of technology in williamsport, pa, educating 1,556 students statewide. The stock market game (smg) grew significantly from 2021, educating 8,646 students in grades 4-12 statewide during the 2021-2022 school year. Smg teaches students about investing, capital markets and financial literacy. The speaker series continued its steady growth, accumulating a total of more than 7,400 unique views since 2020. This series of career exploration and workforce development videos and resources is now being used by a growing number of chamber and business associations as part of their existing workforce development initiatives. A new series of short videos focusing on specific jobs and employers in various areas of the state is planned for 2023.
Who funds Pennsylvania Free Enterprise Week (PFEW)
Grants from foundations and other nonprofits
Personnel at PFEW
| Name | Title | Compensation | Date of data |
|---|
| Karen M Musante | President and Chief Executive Officer | $173,966 | 2023-01-19 |
| Scott Lee | Vice President of Marketing and Development | | 2022-06-01 |
| Michelle Warofka | Vice President of Educational Relations | | 2022-06-01 |
| Elizabeth Rosales | Office Manager | | 2022-06-01 |
| Leslie Williams | Finance Manager | | 2022-06-01 |
| ...and 9 more key personnel |
Financials for PFEW
| Revenues | FYE 09/2022 | FYE 09/2021 | % Change |
|---|
| Total grants, contributions, etc. | $1,197,846 | $1,558,761 | -23.2% |
| Program services | $474,822 | $398,701 | 19.1% |
| Investment income and dividends | $284,626 | $122,583 | 132.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-91,653 | $266,896 | -134.3% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,865,641 | $2,346,941 | -20.5% |
Organizations like PFEW
| Organization | Type | Location | Revenue |
|---|
| The Alpaugh Family Economics Center for Education and Research | 501(c)(3) | Cincinnati, OH | $2,118,812 |
| Florida Council on Economic Education | 501(c)(3) | Tampa, FL | $754,663 |
| Arkansas Council on Economic Education | 501(c)(3) | Little Rock, AR | $834,013 |
| Georgia Council on Economic Education | 501(c)(3) | Atlanta, GA | $1,187,409 |
| Arizona Council on Economic Education | 501(c)(3) | Phoenix, AZ | $700,524 |
| The American Antitrust Institute | 501(c)(3) | Washington, DC | $1,107,490 |
| South Carolina Council on Economic Education | 501(c)(3) | Columbia, SC | $552,715 |
| Center for the Study of the Presidency and Congress (CSPC) | 501(c)(3) | Washington, DC | $1,961,384 |
| Foundation for Economic Education | 501(c)(3) | Atlanta, GA | $7,371,269 |
| Witherspoon Institute | 501(c)(3) | Princeton, NJ | $3,286,930 |
Data update history
September 26, 2023
Received grants
Identified 3 new grant, including a grant for $15,000 from Link Foundation June 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Social advocacy organizationsResearch centersCharities
Issues
Social sciencesEducationHuman servicesChildren
Characteristics
Conducts researchState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
- Address
- 3076 W 12th St
- Erie, PA 16505
- Metro area
- Erie, PA
- County
- Erie County, PA
- Website URL
- pfew.org/Â
- Phone
- (814) 833-9576
- Facebook page
- PFEW1Â
- Twitter profile
- @pfew_orgÂ
IRS details
- EIN
- 25-1394365
- Fiscal year end
- September
- Taxreturn type
- Form 990
- Year formed
- 1979
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- V20: Social Science Research Institutes, Services
- NAICS code, primary
- 813319: Social Advocacy Organizations
- Parent/child status
- Independent
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