Skip to content

Virginia · Public charity

Atlas Economic Research Foundation

Atlas Network increases global prosperity by strengthening a network of independent partner organizations that promote individual freedom and are committed to identifying and removing barriers to human flourishing.

$16M
Granted FY2025(still arriving)
40
Itemized grants FY2025
42
Organizations funded FY2024
29%
First-time grantees FY2024
Read the full brief
Itemized, FY2025
$2.0M
The rest is grants the schedule does not break out
Median grant, FY2025
$32,000
Largest grant, FY2025
$409,000
Organizations funded a year
20 to 42
FY2018 to FY2024
States reached, FY2025
24
Total assets, FY2025
$19M

How open it is to new grantees

In FY2024, 29% of the organizations Atlas Economic Research Foundation funded were first-time grantees, receiving 21% of its grant dollars.

New vs renewed · share of each year

In FY2024, 79% of grant dollars renewed an existing relationship; $393k went to new ones.

50%100%’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23’24
EducationPublic BenefitSocial ScienceCivil RightsInternationalArts & CultureOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving40$2.0M25%
FY202442$1.9M29%
FY202331$1.1M32%
FY202228$2.4M21%
FY202122$944k18%
FY202039$1.1M54%
FY201929$1.1M66%
FY201820$605k65%
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Education$3.1MSocial Science$2.6MPublic Benefit$2.4MInternational$700kCivil Rights$596kCommunity Improvement$574kEnvironment$526kCrime & Legal$419kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

VT
WA
ID
MT
IL
WI
MI
NY
MA
NV
IN
OH
PA
NJ
CT
CA
UT
CO
NE
KY
WV
VA
MD
AZ
AR
TN
NC
SC
DC
HI
OK
LA
MS
AL
GA
TX

Top grantees

Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.

Show all 113 grantees
All grantees of Atlas Economic Research Foundation by total granted
GranteeTotal grantedYearsShare of their budget
Consumer Choice Education$804,812154%
Taliesin Nexus$684,997620%
Archbridge Institute$588,125511%
Beacon Center of Tennessee$537,44187%
University of Pittsburgh$405,46510%
Pacific Legal Foundation$389,18560%
Georgia Center for Opportunity Inc$380,25176%
Students for Liberty Inc$367,92252%
Cardinal Institute for West Virginia Policy Inc$354,784714%
Libertas Network$337,81470%
The Commonwealth Foundation for Public Policy Alternatives$313,33562%
Reform International Inc$295,2501100%
Property and Environment Research Center$287,95063%
Pelican Institute for Public Policy$238,32355%
Ideas Beyond Borders Inc$236,51065%
Better Cities Project$212,485370%
Mackinac Center Charitable Foundation$187,0006n/a
Human Rights Foundation Inc$185,22560%
The John Locke Foundation Inc$182,20053%
Friends of Ufm Inc$180,000312%
American Conservation Coalition Action Inc$175,00026%
The Buckeye Institute$171,36961%
Fundacion Luis G Fortuno Inc$160,77564%
The Becket Fund$140,00031%
Ladies of Liberty Alliance$138,730416%
Foundation for Economic Education Inc$135,20051%
Freedom Lights Our World$135,0001n/a
Young Voices$133,89355%
Badger Institute Inc$130,52154%
Grassroot Institute of Hawaii Inc$130,00023%
End It for Good Inc$130,00039%
Platte Institute for Economic Research Inc$128,06853%
Barry Goldwater Institute for Public Policy Research$120,50041%
Sutherland Institute$115,00032%
Economic Fundamentals Initiative Inc$108,17543%
Hardwired Incorporated$100,00033%
Illinois Policy Institute$96,98321%
Texas Public Policy Foundation$95,50020%
Mercatus Center Inc$86,86730%
Frontier Institute Inc$86,488319%
Tax Foundation$85,00030%
The Conservative Coalition for Climate Solutions$80,00022%
Foundation for Individual Rights and Expression Inc$80,00020%
Pioneer Institute Inc$75,50040%
Free the People Fight the Power Found Dba Free the People Foundation$65,05042%
Yorktown Foundation for Public Policy$58,2232n/a
American Conservation Coalition Inc$55,45321%
Center for Economic and Policy Research$55,00011%
The Reason Foundation$55,00020%
E Foundation for Oklahoma Inc$55,00015%
American Institute for Economic Research$54,13312%
Cato Institute$50,00010%
Institute for the Study of Modern Authoritarianism$50,0001n/a
Acton Institute for the Study of Religion and Liberty$50,0001n/a
Instituto de Libertad Economica Para Pr Inc$45,320313%
The Future of Free Speech$45,00023%
International Society for Individual Liberty$44,22523%
Institute for Humane Studies$40,00010%
Center for Innovative Governance Research$37,50013%
The Cedice Foundation$36,937238%
Yankee Institute for Public Policy$35,00021%
The Thomas Jefferson Institute for Public Policy$35,0001n/a
Project Liberal Foundation$35,0001n/a
The Institute for New Economic Thinking Inc$35,00030%
Cosmos Institute Inc$35,0001n/a
Center for Strategic and International Studies$32,00010%
Nevada Policy Research Institute$30,00013%
R Street Institute$30,00010%
Palmetto Promise Institute$30,00015%
American Friends of the Institute of Economic Affairs$30,00016%
People United for Privacy Foundation$30,0001n/a
George Mason University$25,7201n/a
Liberty Justice Center$25,0001n/a
Lexandria$25,0001n/a
Georgia Public Policy Foundation Inc$25,00012%
EdChoice Inc$25,00010%
University of Arizona Foundation$25,00010%
Certell Inc$25,00011%
World Liberty Congress Inc$25,00012%
New England Legal Foundation$25,00012%
Opportunity Arkansas Foundation$24,77022%
Center for Independent Thought$20,00021%
Center for Opportunity Urbanism$20,00016%
Grace Richardson Fund$20,000151%
Bluegrass Institute for Public Policy So$20,00019%
America's Future Foundation$20,0001n/a
Free to Choose Network Inc$20,00020%
Center for Economic Accountability$20,000124%
Calvin Coolidge Presidential Foundation Inc$15,00010%
New Intellectuals Network$15,000150%
The Madison Institute Ltd$15,0001n/a
Bitcoin Policy Institute$15,00011%
Center for the Study of Liberty Inc D/B/A Civil Squared$12,40011%
Competitive Enterprise Institute$11,23420%
Idaho Freedom Foundation Inc$10,44411%
Franklin News Foundation$10,00011%
The Mont Pelerin Society$10,0001n/a
Institute for Justice$10,00010%
New Civil Liberties Alliance$10,00010%
Let Grow Inc$10,00011%
Think Freely Media$10,00011%
William Marsh Rice University$10,00010%
Faulkner University$9,00010%
Garden State Initiative Inc$7,50012%
The Foundation for Research on Equal Opportunity$7,50012%
Institute for Spending Reform Inc$7,5001n/a
Startup Societies Foundation$7,500133%
Foundation for American Innovation$7,50010%
The Federalist Society for Law and Public Policy Studies$5,00010%
The Policy Circle Co$5,00010%
Arkansas Policy Foundation$5,00015%
Common Sense Institute$5,0001n/a
The Fund for American Studies$5,00010%

Plus 2 recipients with no EIN on record ($30k), not named here.

Where it is load-bearing

Atlas Economic Research Foundation supplied at least a quarter of the budget for 7 of its grantees at some point. The chart plots its 96 largest grantees; load-bearing ones sit top left.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetConsumer Choice Education: $804,812 over 1y, 54% of budgetTaliesin Nexus: $684,997 over 6y, 20% of budgetArchbridge Institute: $588,125 over 5y, 11% of budgetBeacon Center of Tennessee: $537,441 over 8y, 6.7% of budgetUniversity of Pittsburgh: $405,465 over 1y, 0.0% of budgetPacific Legal Foundation: $389,185 over 6y, 0.4% of budgetGeorgia Center for Opportunity Inc: $380,251 over 7y, 5.6% of budgetStudents for Liberty Inc: $367,922 over 5y, 2.2% of budgetCardinal Institute for West Virginia Policy Inc: $354,784 over 7y, 14% of budgetLibertas Network: $337,814 over 7y, 0.4% of budgetThe Commonwealth Foundation for Public Policy Alternatives: $313,335 over 6y, 1.7% of budgetReform International Inc: $295,250 over 1y, 100% of budgetProperty and Environment Research Center: $287,950 over 6y, 3.0% of budgetPelican Institute for Public Policy: $238,323 over 5y, 5.3% of budgetIdeas Beyond Borders Inc: $236,510 over 6y, 5.3% of budgetBetter Cities Project: $212,485 over 3y, 70% of budgetHuman Rights Foundation Inc: $185,225 over 6y, 0.2% of budgetThe John Locke Foundation Inc: $182,200 over 5y, 3.1% of budgetFriends of Ufm Inc: $180,000 over 3y, 12% of budgetAmerican Conservation Coalition Action Inc: $175,000 over 2y, 6.1% of budgetThe Buckeye Institute: $171,369 over 6y, 1.4% of budgetFundacion Luis G Fortuno Inc: $160,775 over 6y, 4.4% of budgetThe Becket Fund: $140,000 over 3y, 0.5% of budgetLadies of Liberty Alliance: $138,730 over 4y, 16% of budgetFoundation for Economic Education Inc: $135,200 over 5y, 0.6% of budgetYoung Voices: $133,893 over 5y, 4.7% of budgetBadger Institute Inc: $130,521 over 5y, 3.6% of budgetGrassroot Institute of Hawaii Inc: $130,000 over 2y, 3.4% of budgetEnd It for Good Inc: $130,000 over 3y, 9.0% of budgetPlatte Institute for Economic Research Inc: $128,068 over 5y, 3.4% of budgetBarry Goldwater Institute for Public Policy Research: $120,500 over 4y, 0.6% of budgetSutherland Institute: $115,000 over 3y, 1.9% of budgetEconomic Fundamentals Initiative Inc: $108,175 over 4y, 3.4% of budgetHardwired Incorporated: $100,000 over 3y, 3.1% of budgetIllinois Policy Institute: $96,983 over 2y, 1.0% of budgetTexas Public Policy Foundation: $95,500 over 2y, 0.3% of budgetMercatus Center Inc: $86,867 over 3y, 0.1% of budgetFrontier Institute Inc: $86,488 over 3y, 19% of budgetTax Foundation: $85,000 over 3y, 0.4% of budgetThe Conservative Coalition for Climate Solutions: $80,000 over 2y, 1.7% of budgetFoundation for Individual Rights and Expression Inc: $80,000 over 2y, 0.1% of budgetPioneer Institute Inc: $75,500 over 4y, 0.4% of budgetFree the People Fight the Power Found Dba Free the People Foundation: $65,050 over 4y, 2.2% of budgetAmerican Conservation Coalition Inc: $55,453 over 2y, 1.1% of budgetCenter for Economic and Policy Research: $55,000 over 1y, 1.3% of budgetThe Reason Foundation: $55,000 over 2y, 0.2% of budgetE Foundation for Oklahoma Inc: $55,000 over 1y, 5.3% of budgetAmerican Institute for Economic Research: $54,133 over 1y, 2.4% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 96.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Donors Trust IncVA101.4× affinity55 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Donors Trust Inc · The Lynde and Harry Bradley Foundation Inc · State Policy Network · Adolph Coors Foundation · Charles Koch Foundation · Charles Koch Institute · The Roe Foundation · The Seminar Network Inc · Bradley Impact Fund Inc · Beth and Ravenel Curry Foundation · John William Pope Foundation · Sarah Scaife Foundation Incorporated

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Atlas Economic Research Foundation with peer funders

About Atlas Economic Research Foundation

How much does Atlas Economic Research Foundation give?
Atlas Economic Research Foundation reported 40 itemized grants totaling $2,012,833, out of $15,774,921 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 20 and 42 organizations a year over FY2018 to FY2024.
What does Atlas Economic Research Foundation fund?
By grant dollars over FY2017 to FY2025, its largest causes are Education (26%), Social Science (22%), Public Benefit (20%).
Who are Atlas Economic Research Foundation's largest grantees?
By total granted over FY2017 to FY2025: Consumer Choice Education ($805k), Taliesin Nexus ($685k), Archbridge Institute ($588k).
Does Atlas Economic Research Foundation fund new organizations?
In FY2024, 29% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Atlas Economic Research Foundation?
Its strongest co-funders, measured against what their size predicts, include Donors Trust Inc, The Lynde and Harry Bradley Foundation Inc, State Policy Network.
Where is Atlas Economic Research Foundation based?
Atlas Economic Research Foundation is based in VA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 116 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Atlas Economic Research’s filings →

More from the funding graph