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NEFE does not raise revenue through the sale of products or services. Growth of the endowment occurs through the investment of assets. NEFE is a private operating foundation and subject to annual minimum spending rules by the Internal Revenue Service. All charitable activities, apart from research grants, count toward the minimum spending requirement.
2024 Minimum Required Spend
2024 Total Actual Spend
Estimates as of 12/31/24. See 990PF for finalized numbers.
Market Value of NEFE Endowment
2026 Chair, Charlotte, NC
2026 Vice Chair, Durham, NC
Trustee, San Francisco, CA
Trustee, Davidson, NC
Trustee, Long Beach, CA
Senior Vice President, Research and Policy
Senior Vice President, Research and Policy
Senior Vice President, Research and Policy
Senior Vice President, Research and Policy
Senior Vice President, Research and Policy