Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
NATIONAL ENDOWMENT FOR
FINANCIAL EDUCATION
Number and street (or P.O. box number if mail is not delivered to street address)1550 MARKET STREET SUITE 475
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DENVER, CO80202
A Employer identification number

84-0632115
B Telephone number (see instructions)

(303) 741-6333
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$178,815,465J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,749,640
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,391,623 1,391,623 1,391,623
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
5,794,321
b Gross sales price for all assets on line 6a 7,160,742
7 Capital gain net income (from Part IV, line 2)... 5,781,776
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
-1,007,054 -993,188 -1,007,054
12 Total. Add lines 1 through 11........ 7,928,530 6,180,211 384,569
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 840,887 64,642 64,642 776,245
14 Other employee salaries and wages...... 2,034,611 19,461 19,461 2,015,150
15 Pension plans, employee benefits....... 1,010,470 54,799 54,799 955,671
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
74,223 208 208 74,015
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
63,985 4,970 4,970 59,015
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
447,933 350,631 350,631 97,302
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
271,650      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 685,078 10,746 10,746 674,332
21 Travel, conferences, and meetings....... 242,050 2,346 2,346 239,704
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,188,878 7,668 7,668 2,181,210
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,859,765 515,471 515,471 7,072,644
25 Contributions, gifts, grants paid....... 816,411 816,411
26 Total expenses and disbursements. Add lines 24 and 25 8,676,176 515,471 515,471 7,889,055
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -747,646
b Net investment income (if negative, enter -0-) 5,664,740
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 9,179,209 12,341,234 12,341,234
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 33,123,571 Click to see attachment
List of Attached Documents:
// Content
23,717,755 		27,062,670
c Investments—corporate bonds (attach schedule)....... 8,894,532 Click to see attachment
List of Attached Documents:
// Content
11,067,710 		10,050,293
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 96,425,982 Click to see attachment
List of Attached Documents:
// Content
99,748,949 		129,361,268
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 147,623,294 146,875,648 178,815,465
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 147,623,294 146,875,648
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 147,623,294 146,875,648
30 Total liabilities and net assets/fund balances (see instructions). 147,623,294 146,875,648
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
147,623,294
2
Enter amount from Part I, line 27a .....................
2
-747,646
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
146,875,648
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
146,875,648
Form 990-PF (2022)
Form 990-PF (2022)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a VULCAN VALUE P    
b SIGULER GUFF DIS OPP 3 P    
c SILCHESTER INTERNATIONAL P    
d SIGULER GUFF DIS OPP 4 P    
e WELLINGTON DURABLE COMPANIES P    
FORTRESS CREDIT OPP FUND V P    
CITY OF LONDON P    
WELLINGTON EMO P    
DAVIDSON KEMPNER INSTITUTIONAL P    
AEW GLOBAL PROPERTY SECURITIES P    
PARAMETRIC P    
LAZARD P    
COMMONFUND PEP VI P    
COMMONFUND PEP VII P    
COMMONFUND VP XI P    
GREENSPRING GLOBAL PARTNERS 8 P    
GREENSPRING GLOBAL PARTNERS 9 P    
INDUSTRY VENTURE PARTNERS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a     1,191,873 -1,191,873
b     21 -21
c     6,659 -6,659
d 132     132
e     6,961 -6,961
25,299     25,299
41,738     41,738
16,787     16,787
412,697     412,697
38,664     38,664
    3,871 -3,871
    156,862 -156,862
42     42
300     300
20,447     20,447
10,032     10,032
2,279     2,279
3,214     3,214
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,191,873
b       -21
c       -6,659
d       132
e       -6,961
      25,299
      41,738
      16,787
      412,697
      38,664
      -3,871
      -156,862
      42
      300
      20,447
      10,032
      2,279
      3,214
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 5,781,776
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 -794,616
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 78,740
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 78,740
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 78,740
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 100,000
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 100,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 21,260
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow21,260 Refundedright arrow 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCO
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.NEFE.ORG
14
The books are in care ofright arrowTHE ORGANIZATION Telephone no.right arrow (303) 741-6333

Located atright arrow1550 MARKET STREET SUITE 475DENVERCO ZIP+4right arrow80202
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2022? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2022.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
RACHELLE FELDMAN MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
MARGARET LIBBY MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
COLLEEN WALKER CHAIR
1.00 		802 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
MEGAN GORMAN MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
HELEN NORRIS MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
JASON YOUNG MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
DOUG MCCORMICK MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
RICK KETCHUM VICE CHAIR
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
JOYCE NELSON MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
MANISHA THAKOR MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
BILLY HENSLEY PRES. & CEO
40.00 		428,004 20,871 0
1550 MARKET STREET STE 475
DENVER,CO80202
JOANNE FLORES MOSES TREAS. & CFO
40.00 		269,235 43,503 0
1550 MARKET STREET STE 475
DENVER,CO80202
BRIAN FORD SEC. & COS
40.00 		142,846 14,914 0
1550 MARKET STREET STE 475
DENVER,CO80202
DIONNE BLUE PHD MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
JOURDAN JONES MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
ROBIN NUNN MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
CONNIE WEAVER MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
KEVIN PLUMMER MEMBER
1.00 		0 0 0
1550 MARKET STREET STE 475
DENVER,CO80202
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
BETH BEAN SR VP INSTIT
40.00 		215,066 19,282  
1550 MARKET STREET STE 475
DENVER,CO80202
ANNETTE FOWLER SR. DIR. OPE
40.00 		149,806 38,536  
1550 MARKET STREET STE 475
DENVER,CO80202
PAUL GOLDEN MD EXEC COMM
40.00 		112,191 22,460  
1550 MARKET STREET STE 475
DENVER,CO80202
JILL JONES MD RESEARCH
40.00 		110,212 15,012  
1550 MARKET STREET STE 475
DENVER,CO80202
AMELIA CONRAD MD INSIGHTS
40.00 		111,035 6,198  
1550 MARKET STREET STE 475
DENVER,CO80202
Total number of other employees paid over $50,000...................right arrow 20
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
CAMBRIDGE ADVISORS INV ADVISOR 216,250
PO BOX 83232
CHICAGO,IL60691
QUALTRICS RESEARCH 159,395
333 W RIVER OAK DR
PROVO,UT84606
MERIPLEX TECH CONSULT 152,287
10111 RICHMOND AVE SUITE 500
HOUSTON,TX77042
BEACON TECHNOLOGIES CONSULTANT 88,180
164-B THATCHER RD
GREENSBORO,NC27409
VELOSIO CONSULTING 76,638
PO BOX 933191
CLEVELAND,OH44193
Total number of others receiving over $50,000 for professional services.............right arrow10
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 RESEARCH AND GRANT FUNDING THROUGH SUPPORT AND MANAGEMENT OF RIGOROUS RESEARCH, NEFE IDENTIFIES KNOWLEDGE GAPS AND SEEKS EVIDENCE OF WHAT WORKS IN THE FIELD TO TEST THE EFFECTIVENESS OF FINANCIAL EDUCATION AND LAY THE GROUNDWORK FOR GREATER FUTURE IMPACT. FUNDING IS PROVIDED FOR RESEARCH THAT HAS THE POTENTIAL TO MAKE A PROFOUND CONTRIBUTION TO THE FIELD OF FINANCIAL EDUCATION AND SEEKS TO IMPROVE THE PUBLIC'S FINANCIAL WELL-BEING. NEFE CURRENTLY HAS SEVEN RESEARCH STUDIES IN PROGRESS AND HAS FUNDED 40 RESEARCH PROJECTS SINCE 2006. FINANCIAL EDUCATION INNOVATION AND IMPACT SUMMIT THROUGHOUT 2022, NEFE CELEBRATED ITS 30TH YEAR OF OPERATIONS. THE YEAR CULMINATED WITH THE INAUGURAL FINANCIAL EDUCATION INNOVATION & IMPACT SUMMIT, A TWO- AND-A-HALF DAY EVENT TO RECOGNIZE THE PAST, PRESENT AND FUTURE OF THE ORGANIZATION'S WORK CHAMPIONING FINANCIAL EDUCATION AND STRENGTHEN PATHWAYS FOR IMPROVED WORK IN OUR FIELD. AWARENESS, PARTNERSHIPS, SPONSORSHIPS AND CONFERENCES NEFE PARTNERS WITH MISSIO 6,080,404
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2022)
Form 990-PF (2022)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
175,991,346
b
Average of monthly cash balances.......................
1b
10,590,080
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
186,581,426
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
186,581,426
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,798,721
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
183,782,705
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
9,189,135
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
7,889,055
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
7,889,055
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only.......  
b Total for prior years:20, 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$  
a Applied to 2021, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2022 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2022.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2022, enter the date of the ruling ...... right arrow
2005-06-24
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
0 5,069,017 5,428,078 3,562,665 14,059,760
b 85% (0.85) of line 2a .........   4,308,664 4,613,866 3,028,265 11,950,795
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		7,889,055 6,677,478 7,049,930 7,605,606 29,222,069
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		786,411 416,662 453,366 284,609 1,941,048
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		7,102,644 6,260,816 6,596,564 7,320,997 27,281,021
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		6,126,090 6,419,477 5,455,781 5,612,559 23,613,907
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
APPLICATIONS SHOULD BE SUBMITTED TO
1550 MARKET STREET SUITE 475
DENVER,CO80202
(303) 741-6333
NEFE.ORG
bThe form in which applications should be submitted and information and materials they should include:
APPLICANTS MUST SUBMIT A LETTER OF INQUIRY FORM AS THE FIRST STEP TO BEING CONSIDERED FOR FUNDING. THE FORM IS AVAILABLE ON NEFE'S WEBSITE AT NEFE.ORG
cAny submission deadlines:
NEFE ACCEPTS LETTERS OF INQUIRY ONCE PER YEAR, FROM SEPTEMBER 15 TO NOVEMBER 15.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NEFE DOES NOT FUND PROJECTS THAT: O HAVE COMMERCIAL OR PROPRIETARY ELEMENTS. O ARE RELATED TO THE PILOT, DEVELOPMENT, EXECUTION, EVALUATION, EXPANSION OR ADMINISTRATION OF SPECIFIC PROGRAMS, COURSES OR CURRICULA.
Form 990-PF (2022)
Form 990-PF (2022)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

THE URBAN INSTITUTE

500 LENFANT PLAZA SW
WASHINGTON,DC20024 		NONE PC RESEARCH GRANT 30,000

THE UNIVERSITY OF ALABAMA

318 ROSE ADMINISTRATION
BUILDING BOX 870135
TUSCALOOSA,AL35487 		NONE PC RESEARCH GRANT 54,374

THE RAND CORPORATION

1776 MAIN STREET
PO BOX 2138
SANTA MONICA,CA90407 		NONE PC RESEARCH GRANT 213,908

TEXAS TECH UNIVERSITY SYS

PO BOX 41092
LUBBOCK,TX794091092 		NONE PC RESEARCH GRANT 69,134

INDIANA UNIVERSITY OFFICE

INDIANA UNIV AR DEPT 7892
DETROIT,MI48278 		NONE PC CASHCOURSE OPERATIONS 234,000

BOSTON COLLEGE

140 COMMONWEALTH AVE
JOYCE HOUSE
CHESNUT HILL,MA02467 		NONE PC RESEARCH GRANT 184,995
JACK BERNHARD KROGER


1550 MARKET STREET
STE 475
DENVER,CO80202 		NONE IND DATABASE USE GRANT 5,000
JEFFREY ANVARI-CLARK


1550 MARKET STREET
STE 475
GRAND FORKS,ND58201 		NONE IND DATABASE USE GRANT 5,000
LENA GAN


1550 MARKET STREET
STE 475
DENVER,CO80202 		NONE IND DATABASE USE GRANT 5,000
LU FAN


1550 MARKET STREET
STE 475
DENVER,CO80202 		NONE IND DATABASE USE GRANT 5,000
THOMAS KORANKYE


1550 MARKET STREET
STE 475
DENVER,CO80202 		NONE IND DATABASE USE GRANT 5,000
YINGYING ZENG


1550 MARKET STREET
STE 475
DENVER,CO80202 		NONE IND DATABASE USE GRANT 5,000
Total .................................right arrow 3a 816,411
bApproved for future payment

THE RAND CORPORATION
1776 MAIN STREET
PO BOX 2138
SANTA MONICA,CA90407 		NONE PC RESEARCH GRANT 166,414

ST LOUIS UNIVERSITY
1 N GRAND BLVD
ST LOUIS,MO63103 		NONE PC RESEARCH GRANT 295,632

UNIVERSITY OF TENNESSEE
2621 MORGAN CIRCLE
KNOXVILLE,TN37996 		NONE PC RESEARCH GRANT 103,689
Total ................................. right arrow 3b 565,735
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 1,391,623  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		523000 12,545 18 5,781,776  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPASS-THROUGH ENTITIES 		    14 -993,188  
bPASS-THROUGH ENTITIES UBTI 523000 -13,866      
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -1,321 6,180,211  
13Total. Add line 12, columns (b), (d), and (e)..................
13
6,178,890
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2022)
Form 990-PF (2022)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Name of the organization
NATIONAL ENDOWMENT FOR
FINANCIAL EDUCATION
Employer identification number

84-0632115
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
NATIONAL ENDOWMENT FOR
FINANCIAL EDUCATION 		Employer identification number
84-0632115
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
CY PRES STEWART V EARLY WARNING SVC
1100 2ND AVE SUITE 300
 
SEATTLE, WA98101

$ 1,593,462


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
CY PRES WALTERS V TARGET
1201 3RD AVE SUITE 500
 
SEATTLE, WA98101

$ 153,644


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
NATIONAL ENDOWMENT FOR
FINANCIAL EDUCATION 		Employer identification number

84-0632115
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
NATIONAL ENDOWMENT FOR
FINANCIAL EDUCATION 		Employer identification number

84-0632115
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2022)
Additional Data


Software ID:  
Software Version:  

TY 2022 AccountingFeesSchedule
Name:
NATIONAL ENDOWMENT FOR
 
FINANCIAL EDUCATION
EIN:
84-0632115
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
KUNDINGER, CORDER & MONTOYA, PC 49,700 4,970 4,970 44,730
WILLIS TOWERS WATSON 5,000     5,000
OCTOBER THREE CONSULTING LLC 9,285     9,285

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2022 GainLossSaleOtherAssetsSch
Name:
NATIONAL ENDOWMENT FOR
 
FINANCIAL EDUCATION
EIN:
84-0632115
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
COMMONFUND VII UBTI   PURCHASE     12,713       12,713  
COMMONFUND XI UBTI   PURCHASE       151     -151  
GREENSPRING 8 UBTI   PURCHASE     6       6  
INDUSTRY VENTURES VI UBTI   PURCHASE       19     -19  
SIGULER GUFF 4 UBTI   PURCHASE       4     -4  

TY 2022 InvestmentsCorpBondsSchedule
Name:
NATIONAL ENDOWMENT FOR
 
FINANCIAL EDUCATION
EIN:
84-0632115
Name of Bond End of Year Book Value End of Year Fair Market Value
DODGE & COX INCOME FUND 4,090,500 3,807,954
RBC GLOBAL ASSET MANAGEMENT 6,977,210 6,242,339

TY 2022 InvestmentsCorpStockSchedule
Name:
NATIONAL ENDOWMENT FOR
 
FINANCIAL EDUCATION
EIN:
84-0632115
Name of Stock End of Year Book Value End of Year Fair Market Value
PUBLICLY TRADED SECURITIES 23,717,755 27,062,670

TY 2022 InvestmentsOtherSchedule2
Name:
NATIONAL ENDOWMENT FOR
 
FINANCIAL EDUCATION
EIN:
84-0632115
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
SILCHESTER INTERNATIONAL AT COST 16,533,012 16,273,739
WELLINGTON DURABLE COMPANIES AT COST 6,507,675 6,866,253
OWNERSHIP CAPITAL GLOBAL EQUITY FUND AT COST 7,049,005 6,169,852
CITY OF LONDON EM INVESTABLE FUND AT COST 2,206,306 3,310,687
WELLINGTON EMERGING MARKETS OPP AT COST    
WELLINGTON ARCHIPELAGO PARTNERS AT COST 293,176 6,378,259
DAVIDSON KEMPNER INSTITUTIONAL PTNR AT COST 9,400,065 17,010,179
FORESTER DIVERSIFIED LTD AT COST 1,566,348 2,387,339
CIM ENTERPRISE LOAN FUND AT COST 6,206,449 6,688,276
HARBORVEST REAL ASSETS 4 FEEDER FUND AT COST 2,401,858 3,232,996
AEW GLOBAL PROPERTY SECURITIES FUND AT COST 8,421,257 7,504,539
AULDBRASS PTNRS SECONDARY OPP FUND AT COST 413,226 299,436
COMMONFUND INTL PIP AT COST 169,416 71,294
COMMONFUND PIP VII AT COST 76,201 203,594
COMMONFUND VENTURE PARTNERS XI AT COST 1,604,344 4,781,741
DE SHAW BROAD MARKET AT COST 14,326,505 14,357,381
DOVER STREET 08 CAYMAN FUND AT COST   239,143
DOVER STREET 09 CAYMAN FUND AT COST 54,702 1,906,081
DOVER STREET 10 FEEDER FUND AT COST 2,696,613 4,848,992
FORTRESS CREDIT OPP FUND V AT COST 492,964 524,743
GREENSPRING GLOBAL PARTNERS 8 AT COST 1,441,785 3,165,661
GREENSPRING GLOBAL PARTNERS 9 AT COST 2,075,663 3,771,609
INDUSTRY VENTURE AT COST 596,093 660,018
INDUSTRY VENTURE PARTNERS HOLDINGS AT COST 2,386,458 5,758,146
NB SECONDARY OPP AT COST 464,104 612,933
NIO INFRASTRUCTURE FEEDER FUND II AT COST 388,553 256,707
OVERLOOK PARTNERS AT COST 4,000,000 3,719,943
PARAMETRIC AT COST 2,642,429 3,091,489
PRESERVER AT COST 4,000,000 4,000,000
PRIME FINANCE AT COST 687,109 565,963
SIGULER GUFF DISS OPP FUND 3 AT COST 36,678 129,376
SIGULER GUFF DISS OPP FUND 4 AT COST 610,955 574,899

TY 2022 LegalFeesSchedule
Name:
NATIONAL ENDOWMENT FOR
 
FINANCIAL EDUCATION
EIN:
84-0632115
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SHERIDAN ROSS 20,133 154 154 19,979
LEAFFER LAW GROUP 22,433 54 54 22,379
BCLP 26,419     26,419
FISHER & PHILLIPS LLP 5,238     5,238


TY 2022 OtherExpensesSchedule
Name:
NATIONAL ENDOWMENT FOR
 
FINANCIAL EDUCATION
EIN:
84-0632115
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
DIRECTED RESEARCH/OTHER PGM 353,478 44 44 353,434
SPONSORSHIPS/COMM/MARKETING 477,504     477,504
BUSINESS EXPENSES 109,228 1,534 1,534 107,694
CONSULTING 739,482     739,482
STAFF DEVELOPMENT 170,661 2,176 2,176 168,485
OTHER 568     568
COMPUTER, SOFTWARE, WEBSITES 337,957 3,914 3,914 334,043


TY 2022 OtherIncomeSchedule2
Name:
NATIONAL ENDOWMENT FOR
 
FINANCIAL EDUCATION
EIN:
84-0632115
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PASS-THROUGH ENTITIES -993,188 -993,188 -993,188
PASS-THROUGH ENTITIES UBTI -13,866   -13,866


TY 2022 OtherProfessionalFeesSchedule
Name:
NATIONAL ENDOWMENT FOR
 
FINANCIAL EDUCATION
EIN:
84-0632115
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PRINCIPAL CUSTODY SOLUTIONS 4,135 4,135 4,135  
CAMBRIDGE ASSOCIATES, LLC 216,250 216,250 216,250  
VULCAN VALUE PARTNERS, LLC 47,757 47,757 47,757  
BRECKINRIDGE CAPITAL ADVISORS, I 5,013 5,013 5,013  
OTHER PROFESSIONAL FEES 66,111 3,229 3,229 62,882
WELLINGTON TRUST CO. 54,310 54,310 54,310  
COOK STREET CONSULTING 35,122 702 702 34,420
KEYBANK 9,115 9,115 9,115  
WELLS FARGO 2,840 2,840 2,840  
PARAMETRIC 7,280 7,280 7,280  


TY 2022 TaxesSchedule
Name:
NATIONAL ENDOWMENT FOR
 
FINANCIAL EDUCATION
EIN:
84-0632115
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
2022 ESTIMATED EXCISE TAXES 100,000      
2021 EXCISE TAXES PAID IN 2022 171,614      
2021 CO TAXES PAID IN 2022 36