Foundation for Rational Economics and Education
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| Abbreviation | FREE |
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| Formation | 1976 |
| Type | American libertarian organization |
| Headquarters | Lake Jackson, TX, United States |
| Leader | Ron Paul |
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Revenue (2015)
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$317,985 |
| Expenses (2015) | $411,084 |
| Website | www.the-free-foundation.org |
The Foundation for Rational Economics and Education (FREE) is an American libertarian organization. It was founded in 1976 by U.S. Congressman Ron Paul, who led the organization.
At its inception, the foundation began publication of a monthly newsletter, Dr. Ron Paul's Freedom Report, which claimed 100,000 subscribers by 1984. It also publishes monographs, books, and (since 1997) a new series of the monthly newsletter, Ron Paul's Freedom Report (also called just The Freedom Report).
In 1989, FREE established the National Endowment for Liberty (NEFL) in order to develop programs that take advantage of electronic media. NEFL developed and produced the At Issue television series that was seen on the Discovery Network and CNBC, which examines American institutional interaction with Constitutional principles. The endowment has received three grants from the Rodney Fund, operated by Mackinac Center for Public Policy board member James Rodney. FREE also has continuously published 30-second radio spots for economic and social-issue education.
In 2006, the organization had Form 990 revenue of $632,396 and net assets of $458,996. It is categorized for tax-exempt purposes as "religious organization", "publishing activities", and "television" (National Taxonomy of Exempt Entities). Its publications are distributed by Partners Publishers Group. FREE obtains graphic design services for its newsletters from Mark Elam, as president of M&M Graphics and Advertising; Elam also printed more politically charged newsletters as an officer of the for-profit group Ron Paul & Associates (RP&A).
The Ron Paul Institute for Peace and Prosperity is a project of the foundation, named for Congressman Ron Paul. The institute advocates for a non-interventionist foreign policy and the protection of civil liberties at home.
Quotes from the Ron Paul Institute
The US government and in particular the State Department have come under some scrutiny — and even been subject to some ridicule — over increasing reliance on "social media" as evidence to back up US foreign policy positions or conclusions about international events. Many find it shocking that a government which spends some $100 billion on a vast and worldwide intelligence network would really pore over YouTube and Twitter to present user-uploaded items as if finished intelligence products…
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