Virginia · Nonprofit
VIRGINIA COUNCIL ON ECONOMIC EDUCATION
VIRGINIA COUNCIL ON ECONOMIC EDUCATION (Virginia) receives grants from 21 organizations whose IRS filings report $1,416,162 to it, the largest being VBA EDUCATION FOUNDATION ($336,000). 10 of them have funded it in more than one year.
- Revenue FY2025
- $782k
- Funders on record
- 21
- Grants received
- $1.4M
- Net assets
- $1.3M
What Virginia Council on Economic Education does
Mission
To provide Virginias K-12 students with the economic knowledge and financial skills needed to thrive in our dynamic economy by providing professional development and classroon resources to all Virginia K-12 teachers who teach economics and personal finance at no cost to the teachers or school divisions.
As stated on its FY2025 Form 990.
Programs
Teacher Education - Provide quality professional development workshops and institutes and classroom materials to K-12 teachers to enable them to more effectively teach their students the economics and personal finance knowledge and skills needed to be successful in our dynamic economy. As a result of the financial support we receive from our partners, this professional development is provided at no cost to the teachers or their schools. In FY25, VCEE provided 115 sessions ranging from one hour to 45 hours in length to 2,496 teachers. In addition, VCEE had 165,000 digital interactions in FY25 via its website, social media and digital newsletter.
$343,778 spent$22,762 earned by the program45% of program spendingThe Personal Finance Teacher Fellowship Program supports school divisions by increasing access to quality personal finance education. Educators are taught by VCEE, and this cohort of highly-qualified Personal Finance Teacher Fellows will then offer personal finance professional development and resources to other teachers in their school, school division, and region. In this way, the VCEE is able to deploy more personal finance resources where they will have a meaningful impact. This investment will help improve education opportunities and economic equity in Virginias underserved communities by ultimately improving the financial knowledge and skills of middle and high school students. In FY25, 28 teachers, representing 21 public school divisions, delivered personal finance professional development to 210 classroom teachers and awarded 480 hours of continuing education credit.
$92,985 spent$1,250 earned by the program12% of program spendingStock Market Game - A program for grades 4-12 which provides teachers with a real word simulation to use with their students to teach math, social studies, business, economics and language arts while also learning about the stock market and how to invest wisely. Student teams simulate investing 100,000 and track how their investments perform over the life of the program. In FY25, 2,246 teams representing 8,984 students across Virginia participated in the Stock Market Game. Workshops and webinars were held for teachers to assist them in integrating this program into their curriculum. VCEE also manages the statewide participation in InvestWrite, a writing competition around saving, investing and the stock market.
$62,734 spent$35,805 earned by the program8% of program spendingProgram Service Expenses 259,729, Grants and allocations 0, Revenue 54,500 Additional programs include serving as a resource for teachers and local school divisions in the area of economic and financial education as well as providing other programs which can assist teachers in teaching these concepts to students e.g. Reading Makes Cents and Virginia Reads One Book . VCEE also provides Economic Educator Awards acknowledging outstanding teachers, creative lessons written by them, and providing mini-grants to support their efforts in the classroom to promote economic and financial literacy. VCEE completed the online course in Economics and Personal Finance for Virginia high school students and will continue to support this online course.
$259,729 spent$54,500 earned by the program34% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $759,226.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.2M to $1.6M (+30%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 29% · 2018 38% · 2019 35% · 2020 39% · 2021 43% · 2022 35% · 2023 41% · 2024 54% · 2025 56%. Grants only. Government contracts and fees sit inside program revenue.
91% of VIRGINIA COUNCIL ON ECONOMIC EDUCATION’s revenue is contributions — more donation-reliant than the typical peer (76% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
O Kate Scott
President and CEO
Board chair
Christopher Lucy
Chairman
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2024 and FY2025 filings.
Who funds it, year by year
2017 → 2023: the base held at 7 funders, grant income fell $154k → $127k.
5 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $21k from one payer (the payer shares this organization's board, largest Council for Economic Education). These are real filings, and they are not money VIRGINIA COUNCIL ON ECONOMIC EDUCATION raised.
From the IRS filings of VIRGINIA COUNCIL ON ECONOMIC EDUCATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
VIRGINIA COUNCIL ON ECONOMIC EDUCATION has a broad base — no single funder exceeds 24% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
73% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VIRGINIA COUNCIL ON ECONOMIC EDUCATION.
Largest funder’s share by year: 2017 40% · 2018 54% · 2019 32% · 2020 24% · 2021 47% · 2022 21% · 2023 26% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
35% of VIRGINIA COUNCIL ON ECONOMIC EDUCATION's funders are still giving 3 years after their first grant; 48% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
67% of VIRGINIA COUNCIL ON ECONOMIC EDUCATION's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $567k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
VIRGINIA COUNCIL ON ECONOMIC EDUCATION's revenue fell 40% between 2017 and 2025.
this organization peer median middle 50% of peers· 169 social science nonprofits $100k–$1M, FY2025
Organizations like VIRGINIA COUNCIL ON ECONOMIC EDUCATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
73% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for VIRGINIA COUNCIL ON ECONOMIC EDUCATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds VIRGINIA COUNCIL ON ECONOMIC EDUCATION?
- VIRGINIA COUNCIL ON ECONOMIC EDUCATION (Virginia) receives grants from 21 organizations whose IRS filings report $1,416,162 to it, the largest being VBA EDUCATION FOUNDATION ($336,000). 10 of them have funded it in more than one year.
- How many funders does VIRGINIA COUNCIL ON ECONOMIC EDUCATION have?
- IRS filings report 21 organizations giving $1,416,162 in grants to VIRGINIA COUNCIL ON ECONOMIC EDUCATION, 10 of which have funded it in more than one year.
- Who is the largest funder of VIRGINIA COUNCIL ON ECONOMIC EDUCATION?
- VBA EDUCATION FOUNDATION is the largest funder on record, with $336,000 in grants. The full list of funders is on this page.
- How can an organization like VIRGINIA COUNCIL ON ECONOMIC EDUCATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Virginia Council on Economic Education →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 21 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing