Virginia Council on Economic Education

“Prior to the filing of the Form 990, the President sends an electronic copy to all board members for their review.”

“Board members are asked to submit their conflict of interest disclosure forms annually. The forms are reviewed and monitored by the President and Governance Committee chair in accordance with the policy.”

“On an annual basis the executive committee, acting on behalf of the Board of Directors, reviews the performance and compensation of the President.”

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“Program Service Expenses 29,388, Grants and allocations 0, Revenue 2,500 The Governors Challenge in Economics and Personal Finance - This is a statewide competition for high school students held in conjunction with the Governors Office. An online competition is initially held in three divisions - Personal Finance, Economics and Advanced Economics. In FY22 more than 1,300 students participated in the Governors Challenge statewide.”

“Program Service Expenses 217,922, Grants and allocations 0, Revenue 150,214 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.”

“Of the 107,396 in other fess for services, 95,396 was paid to consultants to teach workshops on economic education, create the curriculum in the revised online economics and personal finance course and coordinate the stock market game teams thoughout Virginia and 12,000 was paid to a communications consultant. Forms 1099-NEC were issued to any individuals that were paid 600 or more during the calendar year.”