SIFMA FOUNDATION FOR INVESTOR EDUCATION (FIE) INC Charity Report

Public IRS 990 nonprofit record

SIFMA FOUNDATION FOR INVESTOR EDUCATION (FIE) INC

EIN 52-1087193 · Economics (V22)

What they do

THE SIFMA FOUNDATION is DEDICATED to FOSTERING KNOWLEDGE and UNDERSTANDING of THE FINANCIAL MARKETS for INDIVIDUALS of ALL BACKGROUNDS. (CONTINUED ON SCHEDULE O)WITH A FOCUS ON YOUTH. DRAWING ON THE SUPPORT and EXPERTISE of THE FINANCIAL INDUSTRY, THE SIFMA FOUNDATION PROVIDES FINANCIAL EDUCATION PROGRAMS and TOOLS THAT STRENGTHEN ECONOMIC OPPORTUNITY ACROSS COMMUNITIES and INCREASE INDIVIDUALS AWARENESS of and ACCESS to THE BENEFITS of THE GLOBAL MARKETPLACE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

93.29%of revenue went to mission work84.1% of expenses · Program services

5.41%of revenue went to fundraising4.9% of expenses

$110.92spent for every $100 of revenueSpending was higher than revenue this year.

12.23%of revenue went to management and office costs11.0% of expenses

$2.16in assets for every $1 spent this yearSome assets cannot be spent right away.

84.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $505,407 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $498,163 for MELANIE MORTIMER (PRESIDENT, SECRETARY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$4,626,807

Mission workProgram services$4,316,15693.29% of revenue84.1% of expenses

ManagementOffice and general costs$565,74312.23% of revenue11.0% of expenses

FundraisingAsking for donations$250,3155.41% of revenue4.9% of expenses

Total expenses$5,132,214110.92% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 84.1% mission · 11.0% management · 4.9% fundraisingTotal expenses: 110.92% of revenue

2022Expense mix: 85.0% mission · 10.4% management · 4.6% fundraisingTotal expenses: 102.36% of revenue

2021Expense mix: 88.0% mission · 9.3% management · 2.7% fundraisingTotal expenses: 108.17% of revenue

2020Expense mix: 84.0% mission · 10.9% management · 5.2% fundraisingTotal expenses: 109.64% of revenue

2019Expense mix: 83.7% mission · 11.1% management · 5.2% fundraisingTotal expenses: 84.26% of revenue

2018Expense mix: 84.0% mission · 11.1% management · 4.9% fundraisingTotal expenses: 114.19% of revenue

2017Expense mix: 83.8% mission · 9.4% management · 6.8% fundraisingTotal expenses: 85.64% of revenue

2016Expense mix: 78.2% mission · 10.2% management · 11.6% fundraisingTotal expenses: 86.76% of revenue

Money in and money out

Revenue$4,626,807

Expenses$5,132,214

Annual shortfall $505,407 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,316,156 · 84.1% of expenses

Management and office costs$565,743 · 11.0% of expenses

Fundraising$250,315 · 4.9% of expenses

See all reported dollar amounts

Revenue$4,626,807

Expenses$5,132,214

Assets$11,081,937

Income$4,799,204

Contributions$3,911,991

Mission work (program services)$4,316,156

Fundraising$250,315

Grants given$101,485

Average grant$14,498

Management and general$565,743

Executive compensation (total)$428,878

Stocks and bonds$9,181,068

Accounting fees$24,194

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MELANIE MORTIMERPRESIDENT, SECRETARY · 40 hrs/week $498,163Base $437,134 · Other $61,029

BENJAMIN SAWYERCHIEF OPERATING OFFICER · 40 hrs/week $314,998Base $270,479 · Other $44,519

ELIZABETH REIDELMANAGING DIRECTOR · 40 hrs/week $306,671Base $225,960 · Other $80,711

JOHN MARTINVICE PRESIDENT · 40 hrs/week $246,964Base $210,082 · Other $36,882

MICHAEL SHERMANDIRECTOR · 40 hrs/week $233,592Base $216,671 · Other $16,921

ALLYSON GOLDHAGENVICE PRESIDENT · 40 hrs/week $191,205Base $183,196 · Other $8,009

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

MELANIE MORTIMERPRESIDENT, SECRETARY

BENJAMIN SAWYERCHIEF OPERATING OFFICER

ELIZABETH REIDELMANAGING DIRECTOR

JOHN MARTINVICE PRESIDENT

MICHAEL SHERMANDIRECTOR

ALLYSON GOLDHAGENVICE PRESIDENT

VLAD KHANDROSDIRECTOR

VANESSA COOKSEYDIRECTOR

TODD DIGANCITREASURER

SUSAN THEDERDIRECTOR

SHAREEN LUZEDIRECTOR

RICHARD J DALYCHAIR

MICHAEL KISBERDIRECTOR

LISA KIDD HUNTVICE-CHAIR

LISA BLEIERDIRECTOR

LAWRENCE THOMASVICE-CHAIR

KRISTEN KIMMELLDIRECTOR

KENNETH CELLADIRECTOR

JOSEPH E SWEENEYDIRECTOR

JAMES ANDERSONDIRECTOR

JAMES ALLENDIRECTOR

EVAN LAHUTADIRECTOR

DAVID DAWKINSDIRECTOR

BRYAN CHRISTIANDIRECTOR

About this charity

Recognized since: January 1977
Location: 140 BROADWAY 35TH FLOOR, NEW YORK, NY 10005-1133
County: New York
In care of: % NAM KIM
Primary officer: MELANIE MORTIMER, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(212) 313-1371

Filing and classification

Latest tax year: 2023
Tax period began: November 1, 2023
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Economics (V22)
IRS tax category: Economics
Grant-giving organization: Yes