The Institute for New Economic Thinking Inc
The Institute for New Economic Thinking, inc. ("inet") provides fresh insight and thinking to promote changes in economic theory and practice through conferences, grants, and education initiatives.
The Institute for New Economic Thinking Inc at a glance
In short: The Institute for New Economic Thinking Inc gave $219K across 2 grants in 2024 (avg $110K), mostly in Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $219,497
- +35.8% vs 2023
- Grants made (2024)
- 2
- -60.0% vs 2023
- Average grant
- $109,749
- +239.5% vs 2023
- Median grant
- $109,749
- Total assets
- $9,916,689
- -36.0% vs 2023
- Primary geography
- Massachusetts (68% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Institute for New Economic Thinking Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was The Academic-Industry Research Network ($150K). Together the top 2 received $219K.
Grant Size Distribution
56 grants across all recorded years
The most common grant size was under $50K: 38 grants of 56 (68%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How The Institute for New Economic Thinking Inc gives
- Giving fell 25% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $162K (2023) to $2.7M (2020). In 2024 it made 2 grants totaling $219K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Academic-Industry Research Network Cambridge, MA | Innovation and financialization in the ev industry, particularly focused on batteries | $149,997 |
| University of Utah Salt Lake City, UT | The Consumer Welfare Standard: an Aspirational Obituary | $69,500 |
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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 | $9,916,689 | $429,626 | $5,803,431 | $219,497 | 2 | $365,227 |
| 2023 | $15,497,843 | $753,427 | $5,988,488 | $161,651 | 5 | $597,165 |
| 2022 | $21,303,856 | $1,256,577 | $7,206,840 | $368,856 | 5 | $84,407 |
| 2021 | $26,645,757 | $24,831,883 | $7,232,289 | $294,170 | 6 | $2,666 |
| 2020 | $10,290,684 | $2,352,399 | $9,826,806 | $2,672,743 | 38 | $322 |
About The Institute for New Economic Thinking Inc
Based on IRS filings
The Institute for New Economic Thinking Inc is a public charity focused on Social Science, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.9M in total assets. In 2024, it awarded 2 grants totaling $219K. Net investment income was $365K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Institute for New Economic Thinking Inc is led by Robert Johnson, President on every filing since 2020; 9 of 18 officers listed in 2024 are compensated.
Officers on the 2024 filing
Robert Johnson
President
On filings since 2020
40 hrs/week
$594K (2020) → $446K (2024)
James Daves
Managing Director & Governing Board
New on the 2024 filing
20 hrs/week
$83K (2024)
Matthew Kulvicki
Director of Film & Video
On filings since 2021
40 hrs/week
$201K (2021) → $189K (2024)
Albert T. Ferguson
Director of Research
Research Director → Director of Research, 2023
On filings since 2022
40 hrs/week
$194K (2022) → $130K (2024)
Heske Van Doonen
Director Young Scholars
New on the 2024 filing
40 hrs/week
$120K (2024)
Anatole Kaletsky
Director
On filings since 2020
1 hr/week
No compensation reported
Drummond Pike
Director
On filings since 2020
1 hr/week
No compensation reported
Gaurav Dalmia
Director
On filings since 2020
1 hr/week
No compensation reported
Gillian Tett
Director
On filings since 2020
1 hr/week
No compensation reported
John A. Powell
Director
On filings since 2020
1 hr/week
No compensation reported
Richard Vague
Director
On filings since 2020
1 hr/week
No compensation reported
Rohinton Medhora
Director
Director → Chairperson, 2022
Chairperson → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Neva Goodwin
Director
On filings since 2023
1 hr/week
No compensation reported
Sarah Abell
Director
New on the 2024 filing
1 hr/week
No compensation reported
Donna Folkerts
Chief Administrator Officer
CAO → Chief Administrator Officer, 2021
On filings since 2020
40 hrs/week
$220K (2020) → $194K (2024)
Jason Shure
CFO
CFO & Secretary → CFO, 2024
On filings since 2020
40 hrs/week
$271K (2020) → $50K (2024)
Pia Malaney
Associate Reasearch Director
Senior Economist → Associate Reasearch Director, 2024
On filings since 2021
40 hrs/week
$184K (2021) → $106K (2024)
Audra Aucoin
Grants Manager
New on the 2024 filing
40 hrs/week
$113K (2024)
Former officers (11)
- Former: Clive Cowdery (2020–2023) — Director
- Former: William Janeway (2020–2023) — Director
- Former: Ramon Contreras (2021–2023) — Head of Special Pojects
- Former: Bernhard Wilpert (2023) — Committee & Development Consultant
- Former: Jamie Daves (2023) — Director
- Former: Jay Pocklington (2023) — Director Young Scholars
- Former: Arminio Fraga (2020–2022) — Director
- Former: Chris Canavan (2020–2022) — Chairperson
- Former: Sharmini Peries (2021–2022) — Editor & Vice President Communications
- Former: Tom Ferguson (2021) — Research Director
- Former: Robert Dugger (2020) — Treasurer
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 $446K, to Robert Johnson (President). 9 officers or directors reported compensation on that filing.
Frequently asked questions about The Institute for New Economic Thinking Inc
How much does The Institute for New Economic Thinking Inc give each year?
The Institute for New Economic Thinking Inc gave $219K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $162K across 5 grants.
How large is The Institute for New Economic Thinking Inc?
The Institute for New Economic Thinking Inc reported $9.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $430K.
What is The Institute for New Economic Thinking Inc?
The Institute for New Economic Thinking Inc is a public charity focused on Social Science, based in New York, NY. It holds $9.9M in total assets as of 2024.
Where does The Institute for New Economic Thinking Inc operate?
The Institute for New Economic Thinking Inc has awarded grants in California, Connecticut, District of Columbia, Delaware, Florida, Illinois, Massachusetts, Maine, Michigan, New York, Ohio, Pennsylvania, Tennessee, Texas, Utah, Virginia.
What is The Institute for New Economic Thinking Inc's EIN?
The Institute for New Economic Thinking Inc's EIN (Employer Identification Number) is 27-1916040. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 17, 2022)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 23, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 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 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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