NFP of NOTE: Indiana Council for Economic Education

Back to TopCommentsE-mailPrintBookmark and Share
Not-For-Profit of Note

Indiana Council for Economic Education
615 W. State St., West Lafayette, IN 47907
Phone: (765) 494-8545
Fax: (765) 496-1505
Web site: www.econed-in.org
Founded: 1954
Paid employees: five
Highest-paid staff member: Harlan R. Day, executive director, $83,075 (paid by Purdue University)
Top volunteers: Tony Fiorillo, executive committee chairman; Robert Glazier, vice chairman; Jeff Smith, treasurer


Increase economic literacy in Indiana with the help of business, education, government and agriculture leaders. Through 11 university centers, provide K-12 teachers with knowledge and curriculum tools that will allow effective and interesting instruction.


Harlan Day, executive director; Beverly Brewer, director of development; Jeff Sanson, director of programs


David K. Baker
Greg Bernhardt
Patty Brademas
Joe Breedlove
Jim Butcher
John Conant
Greg Cutchin
Miriam Smulevitz Dant
Anika Davis
John Demerly
Lisa Ellison
Chris Fenner
Tony Fiorillo
Paul Freeman
Robert Glazier
Joe Guilfoy
Peter D. Harrington
Tom Harrison
Charles Hibberd
Stanley Holliday
James Joven
Ryan Kitchell
Linda Lentz
Chris Naylor
Brooke Palmer
Marsha Reynolds
Kevin Schmidt
Bradley Skolnik
Jeff Smith
Jeff Spalding


Indiana Stock Market Game: Used in grades four through 12 to teach social studies, math, business or language arts. Also used as an extracurricular activity.

Graduate Credit Programs: Each summer, the ICEE sponsors intensive graduate credit workshops for K-12 teachers. These workshops cover a variety of economic topics and take place at the ICEE's University Centers. The ICEE offers full or partial tuition scholarships to those attending the workshops through contributions and grants.

Economics Challenge: Annual quiz-bowl-style competition for Indiana high school teams. Teams go on to national competition.




2008 income: $527,686
2009 projected income: $450,800

2008 expenses: $407,972
2009 projected expenses: $492,429

2008 assets: $119,714

Fiscal year begins: July 1

2008 income

Government: 47 percent
Corporate contributions: 19 percent
Foundations: 15 percent
Educational product sales: 6 percent
Other: 6 percent
National council programs: 4 percent
Personal contributions: 3 percent

2008 expenses
Salaries and fringes: 26 percent
Graduation tuition expense: 26 percent
Other: 16 percent
Curriculum materials: 9 percent
Administration: 9 percent
Conference arrangements: 9 percent
Stock market and game fees: 5 percent


Information provided by the Indiana Council for Economic Education. Profiled organizations must be based in or serve the Indianapolis area, must have Internal Revenue Service tax-exempt status, and must be willing to provide IBJ with detailed financial information.


Post a comment to this story

We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
You are legally responsible for what you post and your anonymity is not guaranteed.
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
Subscribe to IBJ
  1. A couple of issues need some clarification especially since my name was on the list. I am not sure how this information was obtained and from where. For me, the amount was incorrect to begin with and the money does not come to me personally. I am guessing that the names listed are the Principal Investigators (individual responsible for the conduct of the trail) for the different pharmaceutical trials and not the entity which receives the checks. In my case, I participate in Phase II and Phase III trials which are required for new drug development. Your article should differentiate the amount of money received for consulting, for speaking fees, and for conduct of a clinical trial for new drug development. The lumping of all of these categories may give the reader a false impression of physicians just trying to get rich. The Sunshine Law may help to differentiate these categories in the future. The public should be aware that the Clinical Trial Industry could be a real economic driver for Indiana since these revenues supports jobs and new job creation. Nationally, this account for 10-20 billion which our State is missing out on to a large degree. Yes, new drug and technology development has gotten most of the attention (e.g. CTSI, BioCrossroads, etc.) However, serious money is being left on the table by not participating in the clinical trials to get those new drugs and medical devices on the market!!!! I guess that this is not sexy enough for academia.

  2. The address given for the Goldfish Swim Club is the Ace Hardware, is it closing?

  3. Out of state management and ownership. If Kite controlled it, everything would be leased. Of course, due to the roundabout, there is limited access to the south side of 116th now also. Just have to go down to the light.

  4. Hey smudge, You're opposed to arresting people for minor crimes? Sounds great! We should only focus on murders and such, right? Let's stand around and wait until someone shoots someone before we act. Whatever we do, we should never question anyone, frisk anyone, or arrest anyone unless they are actively engaged in shooting or stabbing. Very sound!

  5. You guys are being really rude to gays in the comments. (Not all of you, I presume). You need to stop it. Gays have just as much of a right to marry as straight people do. It's not fair how you guys are denying them equal rights. They're acting more human than you'll ever be. We obviously haven't matured since the bible was last updated. Hate the sin, not the sinner. You've all committed a sin at least once in your life. You've lied, you've stolen, etc. (Those are just possibilities). We should have a planet for people that support gay rights and a planet for people that don't. Then, gay people could get married without you bigots interfering with their love life. How would you feel if straights couldn't get married? How would you feel if teenagers were afraid to come out to their parents as straight? If straight people got hate everywhere they went? If straight people were afraid to go out in public, because they feared being judged? It's never going to happen at the rate society is going. You haven't seen the side of me where I act obscene. You're glad my inner demon hasn't been released. I would, but oh no, my comment would be removed because of my very strong emotions about this subject. I love gays, and love how they show their affection for each other. I just ADORE how a state is going to give same-sex couples a marriage license, then changes their mind. (I was obviously being sarcastic there). I just LOVE how society thinks gays are an abomination to our society. You're caring about marriage between two men or two women. That's a small thing. Just grow up, and let them marry. Let them live their lives. You can't make them change their sexuality. You can't make them change their lifestyle. In my opinion, gays are more than welcome to marry. Please, grow up and realize that people should be allowed to marry, even if it's same-sex marriage. You guys are saying that "the bible said gay marriage is wrong." Well, guess what else is wrong? Read Matthew:7 and you'll find out. (I am in no way breaking that. I am saying a fact). I'm stating that gays have just as much of a right to marry as straights do. (: