American Friends of the New Economic School (AFNES)

The American Friends of the New Economic School (AFNES) is an international nonprofit organization that works to “foster the development of economics education in Russia and advancing academic cooperation between American and Russian institutions.” 1

At-A-Glance

Formation:

1996

Location: University Park, PA View on map
Tax ID: 25-1787436
Most Recent Filing: 2025
Budget (2025): Assets: $88,419 Revenue: $287,104 Expenses: $203,990

The American Friends of the New Economic School (AFNES) is an international nonprofit organization that works to “foster the development of economics education in Russia and advancing academic cooperation between American and Russian institutions.” 1

Financial Statistics

Total Assets

Total Revenue

Total Expenses

YearTotal AssetsTotal RevenueTotal ExpensesFiling
2025 $88,419 $287,104 $203,990 View
2024 $5,306 $188,942 $246,996 View
2023 $63,360 $159,156 $285,963 View
2022 $190,167 $224,752 $542,669 View
2021 $472,399 $517,230 $402,949 View
2020 $358,118 $365,847 $301,181 View

Prior year filings: 2019, 2018, 2017, 2015, 2014, 2013, 2012, 2011

Revenue Detail

Expenses Detail

Grant Activity

All-time grants received statistics from Candid dataset:

  • Total Grant Value: $6,904,209
  • Number of Grants: 38
  • Number of Funders: 14

Selection of highest value grants received from the last seven years:

AmountYearFunderSubject
$74,0032023 National Philanthropic TrustRELIGION
$50,0002025 National Philanthropic TrustINTERNATIONAL
$50,0002024 National Philanthropic TrustEDUCATION
$35,5682022 Charities Aid Foundation of AmericaCHARITABLE DONATION
$22,5942023 Charities Aid Foundation of AmericaCHARITABLE DONATION
$13,2642025 Charities Aid Foundation of AmericaCHARITABLE DONATION

References

1. “American Friends of the New Economic School (AFNES).” Open Secrets, Accessed December 9, 2022. https://www.causeiq.com/organizations/american-friends-of-the-new-economic-school,251787436/