FINRA Investor Education Foundation
THE MISSION IS TO EMPOWER AMERICANS WITH THE KNOWLEDGE, SKILLS AND TOOLS TO MAKE SOUND FINANCIAL DECISIONS THROUGHOUT LIFE.
Key facts about FINRA Investor Education Foundation
In short: FINRA Investor Education Foundation gave $258K across 10 grants in 2024 (avg $26K), top state Tennessee. 70% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.
- EIN
- 20-0863779
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $258,231
- Grants made (2024)
- 10
- Average grant
- $25,823
- Median grant
- $24,239
- New grantees (estimate)
- 70% first-time grantees (7 of 10, 2024)
- Total assets
- $85,576,894
- Primary geography
- Tennessee (20% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Quick answers about FINRA Investor Education Foundation
How much does FINRA Investor Education Foundation give each year?
FINRA Investor Education Foundation gave $258K across 10 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $409K across 18 grants.
What is FINRA Investor Education Foundation's typical grant size?
FINRA Investor Education Foundation's median grant in 2024 was $24,239, and its average grant was $25,823, across 10 grants on its 2024 IRS Form 990 filing. Organizations receiving their first grant from FINRA Investor Education Foundation that year got $27K on average.
Where does FINRA Investor Education Foundation give grants?
FINRA Investor Education Foundation's top state is Tennessee, with 20% of the grant dollars itemized on its 2024 IRS Form 990 filing. The next largest states were New Mexico (10%) and Wisconsin (10%).
Does FINRA Investor Education Foundation give general operating support?
Not in 2024: none of the 10 grants with a stated purpose on FINRA Investor Education Foundation's 2024 IRS Form 990 filing were described as general or operating support.
Who are FINRA Investor Education Foundation's largest grantees?
FINRA Investor Education Foundation's largest 2024 grantees include University of Tennessee ($51,956), Farmington Public Library Fdn ($25,000) and Kenosha Public Library ($25,000), according to its 2024 IRS Form 990 filing. Together they received 39% of its itemized 2024 grant dollars.
Is FINRA Investor Education Foundation open to new grantees?
70%
first-time grantees, 2024
In 2024, 7 of 10 grantees (70%) were first-time recipients. First grants averaged $27K; repeat grants $24K. How we count
Medians: $25K first-time, $24K repeat.
- 10% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+15%). Method
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.
Next steps with FINRA Investor Education Foundation
- How to evaluate FINRA Investor Education Foundation as a funder
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Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$85.6M
+8.3% YoY
Annual Giving
$258K
-36.8% YoY
Grant Count
10
-44.4% YoY
Avg Grant Size
$26K
+13.8% YoY
About FINRA Investor Education Foundation
Based on IRS filings
FINRA Investor Education Foundation is a nonprofit organization focused on Community Improvement & Capacity Building, based in Rockville, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $85.6M in total assets. In 2024, it awarded 10 grants totaling $258K. Net investment income was $3.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $85,576,894 | $79,051,155 | $68,490,035 |
| Revenue | $8,900,744 | $9,397,096 | $9,847,894 |
| Expenses | $4,768,560 | $5,045,365 | $4,246,470 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,099,834 | $2,416,355 | $3,987,763 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
62 grants across all recorded years
Open Grants
2 open opportunities from FINRA Investor Education Foundation
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF TENNESSEE Knoxville, TN | To examine the condition of financial education from the perspective of personal finance teachers in high schools across Tennessee, while giving particular attention to high-poverty schools, the experiences of special education students, and the situation in urban, suburban, and rural schools. | $51,956 |
| FARMINGTON PUBLIC LIBRARY FDN Farmington, NM | To collaborate with public- and private-sector partners to deliver multigenerational financial capability experiences and services informed by an interactive polling process to ensure alignment with community priorities. | $25,000 |
| KENOSHA PUBLIC LIBRARY Kenosha, WI | To expand community-based financial capability services, including: a financial empowerment series designed for residents near and below the poverty line; goal-oriented financial coaching; virtual programming; and various events to help families work together toward their financial objectives. | $25,000 |
| NOVA SOUTHEASTERN UNIV INC Fort Lauderdale, FL | To support the university's library in its efforts to educate and counsel Broward County veterans and others on financial literacy, fraud prevention, sustainable homeownership, foreclosure, homelessness prevention, and other financial capability and investing topics. | $25,000 |
| FDN FOR BALTIMORE CTY PUBLIC LIBRARY Towson, MD | To undertake various financial education programs that build generational wealth, including programs that help children learn the fundamentals of earning, spending, and saving money through a "junior marketplace" that models everyday financial transactions; help teens explore career planning, credit, banking, and investing; and help adults and small business owners address budgeting, saving, debt elimination, investing, establishing and repairing credit, college financing, and preparing for retirement. | $24,915 |
| SOUTH ARKANSAS COLLEGE El Dorado, AR | To support the college library in its efforts to deliver financial education programs addressing a range of financial topics of interest to prospective community college students and those already enrolled in community college. | $23,562 |
| BUFFALO & ERIE COUNTY PUBLIC LIBRARY Buffalo, NY | To coordinate basic financial education services for county residents in partnership with several community-based agencies. | $22,798 |
| IOWA STATE UNIVERSITY FOUNDATION Ames, IA | To offer a workplace financial wellness program that encompasses the services of a dedicated resource coordinator, financial education, and an employer-sponsored small-dollar loan for the university's many employees | $20,000 |
| UNITED WAY OF HARRISONBURG & ROCKINGHAM CTY Harrisonburg, VA | To deliver workplace financial capability services encompassing referrals to local agencies, emergency financial support, group financial education, and one-on-one financial coaching - all in partnership with employers in the area. | $20,000 |
| UNITED WAY OF PICKENS COUNTY Easley, SC | To deliver workplace financial wellness services, in partnership with local employers, through a program known as Pathways at Work, which encompasses Volunteer Income Tax Assistance, financial education workshops, one-on-one financial coaching, and an employer-sponsored small-dollar loan. | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
FINRA Investor Education Foundation is led by Geraldine M Walsh, President on the 2024 filing; none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Geraldine M Walsh
President
New on the 2024 filing
48 hrs/week
No compensation reported
Jonathan S Sokobin
Chairperson -
New on the 2024 filing
1 hr/week
No compensation reported
Robert W Cook
Chairperson
New on the 2024 filing
1 hr/week
No compensation reported
Eileen M Famiglietti
Treasurer
New on the 2024 filing
6 hrs/week
No compensation reported
Ellen Frawley
Board Member -
New on the 2024 filing
1 hr/week
No compensation reported
Gwen Weithaus
Board Member -
New on the 2024 filing
1 hr/week
No compensation reported
Jason Fichtner
Board Member -
New on the 2024 filing
1 hr/week
No compensation reported
Jennifer P Mitchell
Corporate Secretary
New on the 2024 filing
3 hrs/week
No compensation reported
John W Thiel
Board Member
New on the 2024 filing
No compensation reported
Menekse Gencer
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Paul Roye
Board Member -
New on the 2024 filing
1 hr/week
No compensation reported
Peggy Ho
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is FINRA Investor Education Foundation?
FINRA Investor Education Foundation is a nonprofit organization focused on Community Improvement & Capacity Building, based in Rockville, MD. It holds $85.6M in total assets as of 2024.
How large is FINRA Investor Education Foundation?
As of 2024, FINRA Investor Education Foundation holds $85.6M in total assets with $8.9M in annual revenue. It awarded 10 grants totaling $258K in 2024.
What is FINRA Investor Education Foundation's EIN?
FINRA Investor Education Foundation's EIN (Employer Identification Number) is 20-0863779. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in FINRA Investor Education Foundation's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990 filings.