Council for Economic Education
The Council for Economic Education (CEE) is a public charity based in New York, New York, formed in 1949. It supports K–12 economic and personal finance education through teacher training and resources, student programs, and advocacy for education requirements and policies.
Council for Economic Education at a glance
In short: Council for Economic Education gave $189K across 11 grants in 2024 (avg $17K), top state North Carolina. 9% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $189,234
- -29.5% vs 2023
- Grants made (2024)
- 11
- +57.1% vs 2023
- Average grant
- $17,203
- -55.1% vs 2023
- Median grant
- $10,000
- Total assets
- $3,475,885
- +6.7% vs 2023
- New grantees (estimate)
- 9% first-time grantees (1 of 11, 2024; small sample)
- Primary geography
- North Carolina (30% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Council for Economic Education
- Contact
Mailing address: 122 E 42Nd Street 1012, New York, NY 10168-2699
Phone: (212) 827-3600
Website: https://councilforeconed.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Council for Economic Education
Alfred P. Sloan Foundation Teaching Champion Award
Council for Economic Education
Amount
$5,000 per educator + $2,500 for school
Deadline
Deadline not published
John Morton Excellence in the Teaching of Economics Awards Grant
Council for Economic Education
Amount
US $1,000
Deadline
Deadline not published
Who Council for Economic Education funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was North Carolina Council on Economic Education ($56K). Together the top 10 received $182K.
Grant Size Distribution
59 grants across all recorded years
The most common grant size was under $50K: 53 grants of 59 (90%).
Geographic Focus
Where this funder awards grants
CEE states a goal of ensuring that every student can access at least one personal finance course and one economics course before finishing high school, and it advocates for education in all 50 states and the District of Columbia. In 2024, the largest shares of grant dollars went to recipients in North Carolina (30%), Oklahoma (16%), Nebraska (13%), Arizona (13%), and Montana (6%).
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
States
Cities
Is Council for Economic Education open to new grantees?
9%
first-time grantees, 2024
In 2024, 1 of 11 grantees (9%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $17K; repeat grants $17K. How we count
Medians: $17K first-time, $10K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $189K (2024) to $440K (2022). In 2024 it made 11 grants totaling $189K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| North Carolina Council on Economic Education Raleigh, NC | Education - Professional Development | $56,133 |
| Oklahoma Council on Economic Education Edmond, OK | Education - Professional Development | $29,376 |
| Nebraska Council on Economic Education Lincoln, NE | Education - Professional Development | $24,975 |
| Northern Arizona University Foundation Flagstaff, AZ | Education - Professional Development | $16,950 |
| Montana Council on Economic Education Helena, MT | Education - Professional Development | $10,700 |
| Minnesota Council on Economic Education St. Paul, MN | Education - Professional Development | $10,000 |
| SC Economics Columbia, SC | Education - Professional Development | $10,000 |
| Maryland Council on Economic Education Towson, MD | Education - Professional Development | $9,000 |
| California Council on Economic Education Torrance, CA | Education - Professional Development | $7,500 |
| Georgia Council on Economic Education Atlanta, GA | Education - Professional Development | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $3,475,885 | $6,919,375 | $6,323,423 | $189,234 | 11 | $29,091 |
| 2023 | $3,258,556 | $5,982,953 | $8,070,379 | $268,309 | 7 | $72,333 |
| 2022 | $5,639,247 | $6,640,455 | $7,138,448 | $439,850 | 15 | $9,841 |
| 2021 | $5,635,385 | $6,851,531 | $5,644,895 | $282,455 | 12 | $8,351 |
| 2020 | $4,345,047 | $4,222,439 | $5,017,700 | $228,372 | 14 | $26,686 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
CEE’s mission is to equip K–12 students with the tools and knowledge of personal finance and economics so they can make better decisions for themselves, their families, and their communities. Its activities include teacher professional development; developing curriculum, resources, and assessments; advocating for economic and personal finance education; and student programs such as the National Economics Challenge, National Personal Finance Challenge, and Invest in Girls.
The 2024 grants show support for education and professional development, including grants to state economic education councils. Grantee missions illustrate the kinds of work those organizations describe: the Nebraska Council on Economic Education says it works to advance economic and financial literacy and strengthen teachers’ ability to teach those subjects; the Georgia Council on Economic Education says it helps K–12 teachers teach economics and personal finance; and the California Council on Economic Education says it provides resources and training to improve economic and financial literacy, especially in underserved communities.
Grantmaking
In filing year 2024, CEE reported 11 grants totaling $189,234. Grants ranged from $7,100 to $56,133, with a median of $10,000. The largest awards were $56,133 to the North Carolina Council on Economic Education, $29,376 to the Oklahoma Council on Economic Education, and $24,975 to the Nebraska Council on Economic Education; each was for education professional development.
CEE also describes the John Morton Excellence in the Teaching of Economics Awards, which provide $1,000 awards to one teacher in each of three K–12 grade bands. These awards are for individual teachers, rather than grants to outside organizations. CEE’s gift policy says that accepting a contribution, gift, or grant is at its discretion and that funds must be usable consistently with its purpose and mission.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Nan J. Morrison as president and CEO and Rebecca Patterson as chairperson. It also lists Peter Nurnberg, Tonia L. Kaminsky, Shane Sanders, Raphael Bostic, Max Rakhlin, William E. Odom, and O. Kate Scott as directors, and Willard Hill Jr. as secretary.
Council for Economic Education is led by Nan J. Morrison, President & CEO on every filing since 2020; 7 of 38 officers listed in 2024 are compensated.
Officers on the 2024 filing
Nan J. Morrison
President & CEO
On filings since 2020
40 hrs/week
$381K (2020) → $422K (2024)
Rebecca Patterson
Chairperson
Vice Chairman → Chairperson, 2024
On filings since 2021
1 hr/week
No compensation reported
Ruben A. Rivera
Senior Director & Professional
Director Professional Development → Senior Director & Professional Development, 2022
Senior Director & Professional Development → Senior Director & Professional, 2023
On filings since 2020
40 hrs/week
$107K (2020) → $145K (2024)
Tarnisha Smart
Senior Director of Development
On filings since 2020
40 hrs/week
$114K (2020) → $160K (2024)
Andrea Mozo
Senior Director & Digital P
Senior Director of Digital → Senior Director & Digital Products, 2023
Senior Director & Digital Products → Senior Director & Digital P, 2024
On filings since 2021
40 hrs/week
$111K (2021) → $136K (2024)
Barry Haimes
Director
Chairman → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Benjamin M. Friedman
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Chet Ragavan
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Dune Thorne
Director
Board Members → Outgoing Board Members, 2022
Outgoing Board Members → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Emily Kolinski Morris
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Graham Tanaka
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
James Febeo
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
John J. Siegfried
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Loretta J. Mester
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Max Rakhlin
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
O. Kate Scott
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Peter Nurnberg
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Shane Sanders
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Tonia L. Kaminsky
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
William C. Dudley
Director
Board Member → Board Members, 2021
Board Members → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Lisa H. Banker
Director
Board Members → Director, 2023
On filings since 2021
1 hr/week
No compensation reported
Jane Abitanta
Director
Board Members → Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Heather Lavallee
Director
On filings since 2023
1 hr/week
No compensation reported
Jenny Jacobs
Director
On filings since 2023
1 hr/week
No compensation reported
Jenny Van Leeuwen Harrington
Director
On filings since 2023
1 hr/week
No compensation reported
Denise Gutierrez
Director
New on the 2024 filing
1 hr/week
No compensation reported
Harold McGraw III
Director
New on the 2024 filing
1 hr/week
No compensation reported
John T. Dillon
Director
New on the 2024 filing
1 hr/week
No compensation reported
R. Madison Murphy
Director
New on the 2024 filing
1 hr/week
No compensation reported
Raphael Bostic
Director
New on the 2024 filing
1 hr/week
No compensation reported
William E. Odom
Director
New on the 2024 filing
1 hr/week
No compensation reported
Worku Gachou
Director
New on the 2024 filing
1 hr/week
No compensation reported
Christopher Caltabiano
Chief Program Officer
Vice President Programs → Chief Program Officer, 2021
On filings since 2020
40 hrs/week
$179K (2020) → $213K (2024)
Abitzel D. Robinson Hobson
Outgoing COO & CFO
COO & CFO → Outgoing COO & CFO, 2024
On filings since 2023
40 hrs/week
$50K (2023) → $99K (2024)
Dan Delany
Chief Development Officer
On filings since 2023
40 hrs/week
$195K (2023) → $243K (2024)
Jeffrey M. Lacker
Treasurer
Board Members → Director, 2023
Director → Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Willard Hill Jr.
Secretary
On filings since 2020
1 hr/week
No compensation reported
Cynthia Hallenbeck
Interim CFO
New on the 2024 filing
40 hrs/week
No compensation reported
Former officers (22)
- Former: Annamaria Lusardi (2020–2023) — Director
- Former: Deidre Campbell (2020–2023) — Director
- Former: Gary Stern (2020–2023) — Director
- Former: Holly Hess Groos (2020–2023) — Treasurer
- Former: Peter Chaffetz (2020–2023) — Director
- Former: Sally Wood (2020–2023) — Outgoing COO & CFO
- Former: Jennifer A. Davidson (2021–2023) — Director
- Former: Kim M. Sharan (2021–2023) — Director
- Former: Matt Conroy (2021–2023) — Director
- Former: Lisa Mullan (2020–2022) — Outgoing Board Members
- Former: Mary Ann Johnson (2020–2022) — Outgoing Board Members
- Former: Michael A. Macdowell (2020–2022) — Outgoing Board Members
- Former: Leslie Finnan (2022) — Advocacy Director
- Former: Elizabeth Kelder (2020–2021) — Executive Director- Iig
- Former: Robert Alan Chlebowski (2020–2021) — Board Members
- Former: Russel Glass (2020–2021) — Board Members
- Former: Scott Booth (2020–2021) — Board Members
- Former: Mary B. Martel (2021) — Vice President of Development
- Former: Duncan Young (2020) — Board Member
- Former: Jeffrey Sanson (2020) — Board Member
- Former: Ruth Cookson (2020) — Board Member
- Former: Samantha Kappagoda (2020) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $422K, to Nan J Morrison (President & CEO). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Council for Economic Education
How much does Council for Economic Education give each year?
Council for Economic Education gave $189K across 11 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $268K across 7 grants.
What is Council for Economic Education's typical grant size?
Council for Economic Education's median grant in 2024 was $10,000, and its average grant was $17,203, across 11 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Council for Economic Education that year got $17K on average.
Where does Council for Economic Education give grants?
Council for Economic Education's top state is North Carolina, with 30% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Oklahoma (16%) and Nebraska (13%).
Does Council for Economic Education give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on Council for Economic Education's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Education - Professional Development" (11 grants).
Who are Council for Economic Education's largest grantees?
Council for Economic Education's largest 2024 grantees include North Carolina Council on Economic Education ($56,133), Oklahoma Council on Economic Education ($29,376) and Nebraska Council on Economic Education ($24,975), according to its 2024 IRS Form 990. Together they received 58% of its itemized 2024 grant dollars.
How large is Council for Economic Education?
Council for Economic Education reported $3.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $6.9M.
What does Council for Economic Education fund?
CEE’s mission is to equip K–12 students with the tools and knowledge of personal finance and economics so they can make better decisions for themselves, their families, and their communities. See mission & focus areas ↑
How do I apply for a grant from Council for Economic Education?
Council for Economic Education has no public application process in the sources Grantable reviewed. Check councilforeconed.org for current guidelines, or contact the foundation directly before submitting a request.
What is Council for Economic Education's EIN?
Council for Economic Education's EIN (Employer Identification Number) is 13-1623848. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 6, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Council for Economic Education's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Council for Economic Education funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/council-for-economic-education-morg_99475b4d4be4430b8fb61492679f087f
BibTeX
@misc{grantable_131623848_2026,
author = {{Grantable}},
title = {{Council for Economic Education funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/council-for-economic-education-morg_99475b4d4be4430b8fb61492679f087f},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Council for Economic Education's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Council for Economic Education down — hundreds of funders to go?