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THE FOUNDATION FOR RESEARCH ON EQUAL OPPORTUNITY

EIN 81-2699310 AUSTIN, TX

Browse the largest nonprofits in Texas

Revenue 2024
$2,179,354
Expenses 2024
$2,571,786

Program services were 77.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S05
Classification
2000
Street
201 W 5TH ST STE 1100

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

This address is a suite or unit (STE 1100). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

THE FOUNDATION FOR RESEARCH ON EQUAL OPPORTUNITY SEEKS TO EXPAND ECONOMIC OPPORTUNITY TO THOSE WHO LEAST HAVE IT, USING THE TOOLS OF INDIVIDUAL LIBERTY, FREE ENTERPRISE, TECHNOLOGICAL INNOVATION, AND PLURALISM. FREOPP DEPLOYS THE NATION'S LEADING PUBLIC POLICY SCHOLARS TO SERVE THE MISSION. ALL RESEARCH CONDUCTED BY FREOPP CONSIDERS THE IMPACT OF PUBLIC POLICIES AND PROPOSED REFORMS ON THOSE WITH INCOMES OR WEALTH BELOW THE U.S. MEDIAN.

  • HEALTHCARE GENERAL: WE BELIEVE THAT AMERICANS DESERVE A HEALTH CARE SYSTEM THAT PROVIDES UNIVERSAL - AND UNIVERSALLY AFFORDABLE - COVERAGE FOR TODAY'S AMERICANS, AND A FISCALLY SUSTAINABLE SYSTEM FOR THE GENERATIONS TO COME. OUR HEALTH CARE RESEARCH IS FOCUSED ON MAKING THIS A REALITY.

    Expenses $272,960 · Revenue $1,111,000

  • COMMUNICATIONS OUTREACH: THROUGH OUR COMMUNICATION AND OUTREACH EFFORTS, WE EFFECTIVELY DISSEMINATE OUR RESEARCH FINDINGS, INSIGHTS, AND RECOMMENDATIONS TO VARIOUS STAKEHOLDERS AND THE BROADER PUBLIC.

    Expenses $432,388 · Revenue $275,000

  • EDUCATION: FREOPP CONDUCTS ORIGINAL RESEARCH IN BOTH THE HIGHER EDUCATION SPACE, AND IN THE K-12 SPACE. OUR K-12 PROGRAM IS FOCUSED ON INCREASING PARENTS AND STUDENTS' SOVEREIGNTY OVER THEIR CHILDREN'S EDUCATION. OUR HIGHER EDUCATION RESEARCH PROGRAM IS FOCUSED ON MEASURING THE RETURN ON INVESTMENT (ROI) OF COLLEGE DEGREES, AND ENSURING THAT INSTITUTIONS ARE ACCOUNTABLE FOR THE ECONOMIC OUTCOMES OF THE STUDENTS.

    Expenses $217,593 · Revenue $498,925

  • Expenses $1,077,671

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Ames Brown

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Avik Roy

    PRESIDENT / BOARD MEMBER

    Total calculated
    $298,522
    From this org
    $287,536
    From related orgs
    $0
    Other
    $10,986
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,536
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,986
    Filer's total
    $298,522
  • Lanhee Chen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Vivek Ramaswamy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jonathan Bush

    CHAIRMAN OF THE BOARD

    Total calculated
    $0
    Hours/week
    5
  • Michael Miltenberger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Frank Laukien

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Rebecca Atwood

    VICE PRESIDENT

    Total calculated
    $108,796
    From this org
    $103,377
    From related orgs
    $0
    Other
    $5,419
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $2,179,354
    Expenses
    $2,571,786
    Contributions
    $1,915,925
    Grants paid
    $0
  • 2023
    Revenue
    $3,248,169
    Expenses
    $2,662,441
    Contributions
    $3,243,505
    Grants paid
    $0
  • 2022
    Revenue
    $2,038,270
    Expenses
    $1,765,451
    Contributions
    $2,279,602
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $1,480,083
    Expenses
    $1,109,295
    Assets (EOY)
    $624,869
  • 2020 · 990

    Revenue
    $987,673
    Expenses
    $946,938
    Assets (EOY)
    $226,391
  • 2019 · 990

    Revenue
    $827,231
    Expenses
    $832,824
    Assets (EOY)
    $158,479
  • 2018 · 990

    Revenue
    $388,644
    Expenses
    $716,369
    Assets (EOY)
    $232,549
  • 2017 · 990

    Revenue
    $743,010
    Expenses
    $382,325
    Assets (EOY)
    $487,396
  • 2017 · 990

    Revenue
    $743,010
    Expenses
    $382,325
    Assets (EOY)
    $487,396
  • 2016 · 990-EZ

    Revenue
    $175,000
    Expenses
    $52,180
    Assets (EOY)
    $122,820

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.