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American Enterprise Institute for Public Policy Research

Public charity · Grantmaker Washington, DC EIN: 53-0218495 Website

The American enterprise institute is a community of scholars and supporters committed to expanding liberty, increasing individual opportunity, and strengthening free enterprise. Aei pursues these ideals through independent thinking and the highest standards of research and exposition.

Key facts about American Enterprise Institute for Public Policy Research

In short: American Enterprise Institute for Public Policy Research reported $92K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
53-0218495
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$91,500 — reported as a total on the IRS filing, without an itemized list
Total assets
$386,580,770

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$386.6M

+9.5% YoY

Grants Paid (reported total)

$92K

-42.8% YoY

Revenue

$75.4M

+10.9% YoY

Net Investment Income

$12.1M

+73.3% YoY

How American Enterprise Institute for Public Policy Research gives

  • Giving grew 39% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About American Enterprise Institute for Public Policy Research

Based on IRS filings

American Enterprise Institute for Public Policy Research is a public charity focused on Social Science, based in Washington, DC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $386.6M in total assets. In 2025, it reported $92K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $12.1M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

ChicagoArlingtonDenverIndianapolisNew YorkProvidenceWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K2 grants2019 Total only2020 2 grants2021 1 grant2022 1 grant2023 2 grants2024 Total only2025

From 2019 to 2025, annual grant giving ranged from $10K (2022) to $160K (2024). In 2025 it reported $92K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

6 grants across all recorded years

4<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 6 (67%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$25M$50M$75M$100M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$386,580,770$353,111,569$348,427,115
Revenue$75,372,309$67,952,475$53,808,205
Expenses$73,523,238$71,020,416$66,819,074
Net Investment Income$12,066,605$6,963,897$4,179,425

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS March 8, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS March 3, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS March 9, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS March 13, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS March 12, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS March 18, 2025)
  7. Updated Form 990 for fiscal year 2025 (received by the IRS March 18, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

American Enterprise Institute for Public Policy Research is led by Robert Doar, President since 2020 (on filings since 2019); 14 of 45 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Robert Doar

    President

    Morgridge Fellow in Poverty Studies → President, 2020

    On filings since 2019

    40 hrs/week

    $246K (2019) → $1.2M (2025)

  • John Cusey - Senior Vice

    President & External Relati

    President & External Relations → President & External Relati, 2025

    On filings since 2024

    40 hrs/week

    $266K (2024) → $289K (2025)

  • Daniel A. D'aniello

    Chairman

    Board of Trustees - Chairman → Chairman, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Michael R. Strain

    Director & Economic Policy

    Director & Economic Policy Studies → Director & Economic Policy, 2021

    On filings since 2019

    40 hrs/week

    $235K (2019) → $411K (2025)

  • Yuval Levin

    Director & Sccs

    Director, Social, Cultural & Constitutional St → Director & Sccs, 2021

    On filings since 2020

    40 hrs/week

    $189K (2020) → $392K (2025)

  • Kori Schake

    Director & Fdp

    Director, Foreign & Defense Policy Studies → Director & Fdp, 2022

    On filings since 2021

    40 hrs/week

    $323K (2021) → $369K (2025)

  • Frederick Hess - Senior

    Fellow, Director & Educati

    Fellow, Director & Education → Fellow, Director & Educati, 2025

    On filings since 2024

    40 hrs/week

    $247K (2024) → $261K (2025)

  • Matthew Continetti

    Director & Domestic Policy

    On filings since 2024

    40 hrs/week

    $239K (2024) → $309K (2025)

  • Danielle Pletka

    Distinguished Senior Fello

    Senior Fellow → Distinguished Senior Fellow, 2023

    Distinguished Senior Fellow → Distinguished Senior Fello, 2025

    On filings since 2019

    40 hrs/week

    $323K (2019) → $273K (2025)

  • Jason W. Bertsch

    Executive Vice President

    Senior Vice President & Secretary → Executive Vice President & Secretary, 2021

    Executive Vice President & Secretary → Executive Vice President, 2023

    On filings since 2019

    40 hrs/week

    $423K (2019) → $504K (2025)

  • Nicholas Eberstadt

    Senior Fellow

    Hw Chair in Political Econ → Hw Chair in Political Economy, 2023

    Hw Chair in Political Economy → Senior Fellow, 2024

    On filings since 2019

    40 hrs/week

    $246K (2019) → $312K (2025)

  • James M. Pethokoukis

    Senior Fellow

    Editor-In-Chief → Senior Fellow, 2024

    On filings since 2020

    40 hrs/week

    $205K (2020) → $259K (2025)

  • Adam White

    Senior Fellow

    Resident Scholar → Senior Fellow, 2022

    On filings since 2021

    40 hrs/week

    $240K (2021) → $283K (2025)

  • Kazuki Ko - Vice President

    Chief Financial Officer

    On filings since 2024

    40 hrs/week

    $224K (2024) → $284K (2025)

  • Katheryne E. Walker - Chief Hr

    Officer & Vice President of Operations

    New on the 2025 filing

    40 hrs/week

    $261K (2025)

  • Christopher B. Galvin

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Clifford S. Asness

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Edward B. Rust Jr.

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Frank J. Hanna

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Harlan Crow

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Harvey Golub

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • John A. Luke Jr.

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • John K. Hurley

    Board of Trustees -

    Board of Trustees → Board of Trustees -, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kevin B. Rollins

    Board of Trustees -

    Board of Trustees → Board of Trustees -, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Marc S. Lipschultz

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Matthew K. Rose

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Peter H. Coors

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Ravenel B. Curry III

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Richard Devos

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert F. Greenhill

    Board of Trustees -

    Board of Trustees → Board of Trustees -, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Tully M. Friedman

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • William H. Walton

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Wilson H. Taylor

    Board of Trustees

    On filings since 2019

    1 hr/week

    No compensation reported

  • Joanna F. Jonsson

    Board of Trustees

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kimberly O. Dennis

    Board of Trustees

    On filings since 2020

    1 hr/week

    No compensation reported

  • Martin C. Eltrich III

    Board of Trustees

    On filings since 2020

    1 hr/week

    No compensation reported

  • Pat Neal

    Board of Trustees

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ross Perot Jr.

    Board of Trustees

    On filings since 2021

    1 hr/week

    No compensation reported

  • Geoffrey S. Rehnert

    Board of Trustees

    On filings since 2022

    1 hr/week

    No compensation reported

  • Behdad Eghbali

    Board of Trustees

    On filings since 2023

    1 hr/week

    No compensation reported

  • Deepa Javeri

    Board of Trustees

    On filings since 2023

    1 hr/week

    No compensation reported

  • Will Weatherford

    Board of Trustees

    On filings since 2023

    1 hr/week

    No compensation reported

  • Bob Murley

    Board of Trustees

    Board of Trustees - → Board of Trustees, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Bill Haslam

    Board of Trustees -

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Drew McKnight

    Board of Trustees -

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (19)
  • Former: The Honorable Richard B. Cheney (2019–2024) — Board of Trustees -
  • Former: Ryan Streeter - Director (2024) — Domestic Policy - to
  • Former: Suzanne B. Gershowitz - Senior Vice (2024) — President & Chief Operating Officer
  • Former: Frederick M. Hess (2019–2023) — Director & Executive Director Policy Studies
  • Former: John M. Cusey (2019–2023) — Vice President, Communications & Governor
  • Former: Kazuki Ko (2019–2023) — Chief Financial Officer & Treasurer
  • Former: Ryan Streeter (2019–2023) — Director & Domestic Policy
  • Former: James C. Capretta (2020–2023) — Senior Fellow
  • Former: Suzanne B. Gershowitz (2020–2023) — Vice President, Administration & Counsel
  • Former: Arthur C. Brooks (2019–2022) — Former President
  • Former: Mel Sembler (2019–2022) — Board of Trustees
  • Former: Bruce Kovner (2019–2021) — Board of Trustees
  • Former: David Gerson (2019–2021) — Former Executive Vice President
  • Former: John V. Faraci (2019–2021) — Board of Trustees
  • Former: Karlyn Bowman (2021) — Senior Fellow
  • Former: Kenneth M. Pollack (2019–2020) — Resident Scholar
  • Former: Dick Devos (2020) — Board of Trustees
  • Former: Gordon M. Binder (2019) — Board of Trustees
  • Former: Toby William Stock (2019) — Senior Advisor

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Robert Doar — President: $1.2MRobert DoarPresident$1.2MJason W Bertsch — Executive Vice President: $504KJason W BertschExecutive Vice President$504KMichael R Strain — Director, Economic Policy: $411KMichael R StrainDirector, Economic Policy$411KYuval Levin — Director, SCCS: $392KYuval LevinDirector, SCCS$392KKori Schake — Director, FDP: $369KKori SchakeDirector, FDP$369KNicholas Eberstadt — Senior Fellow: $312KNicholas EberstadtSenior Fellow$312KMatthew Continetti — Director, Domestic Policy: $309KMatthew ContinettiDirector, Domestic Policy$309KJohn Cusey - Senior Vice — President, External Relati: $289KJohn Cusey - Senior VicePresident, External Relati$289KKazuki Ko - Vice President — Chief Financial Officer: $284KKazuki Ko - Vice…Chief Financial Officer$284KAdam White — Senior Fellow: $283KAdam WhiteSenior Fellow$283KDanielle Pletka — Distinguished Senior Fello: $273KDanielle PletkaDistinguished Senior Fello$273KFrederick Hess - Senior — Fellow & Director, Educati: $261KFrederick Hess - SeniorFellow & Director, Educati$261KKatheryne E Walker - Chief HR — Officer & VP of Operations: $261KKatheryne E Walker…Officer & VP of Operations$261KJames Pethokoukis — Senior Fellow: $259KJames PethokoukisSenior Fellow$259K

The highest reported compensation on the 2025 filing was $1.2M, to Robert Doar (President). 14 officers or directors reported compensation on that filing.

Frequently asked questions about American Enterprise Institute for Public Policy Research

How much does American Enterprise Institute for Public Policy Research give each year?

American Enterprise Institute for Public Policy Research reported $92K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $160K across 2 grants.

How large is American Enterprise Institute for Public Policy Research?

American Enterprise Institute for Public Policy Research reported $386.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $75.4M.

What is American Enterprise Institute for Public Policy Research?

American Enterprise Institute for Public Policy Research is a public charity focused on Social Science, based in Washington, DC. It holds $386.6M in total assets as of 2025.

Where does American Enterprise Institute for Public Policy Research operate?

American Enterprise Institute for Public Policy Research has awarded grants in Colorado, District of Columbia, Illinois, Indiana, New York, Rhode Island, Virginia.

What is American Enterprise Institute for Public Policy Research's EIN?

American Enterprise Institute for Public Policy Research's EIN (Employer Identification Number) is 53-0218495. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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