OrganizationTRAC is a 501(c)(3) non-profit organization as defined by the Internal Revenue Code. Contributions to the projects and programs of TRAC are tax deductible*.
- Board of Directors
The Board of Directors is the governing body of TRAC. It meets on a quarterly basis, or more often, if needed. The Board oversees strategic development of TRAC. It reviews annual goals and objectives, tracks achievements and results, and approves the annual budget. The Board is led by a chairman, elected for a one-year term. All Directors are elected to the Board based on professional achievement, honor, integrity, standing in the community, and commitment to market-oriented ideas and solutions.
- Executive Committee
The Executive Committee is the body of scholars who serve as writers, speakers, and policy experts for TRAC. Most hold full-time positions at universities, colleges, and other organizations throughout the U.S. Advisors produce much of the research and writing required for the commentaries, reports, and books published by TRAC. Advisors also speak to the media on key issues, testify at legislative hearings, and make presentations. They are selected based on professional standing, published research, speaking ability, and commitment to market-oriented public policy solutions.
The Associates are citizens who assist TRAC at the local level. They help identify community leaders who receive TRAC publications, distribute information at local meetings, and arrange meetings with potential supporters of TRAC. Based on their background and experience, Associates may also serve as speakers for TRAC on certain issues. They are selected based on their standing in the community, familiarity with issues, and commitment to market-oriented public policy solutions.
* According to IRS code, contributions in excess of the value of the publications received are tax deductible. TRAC currently values the publications it sends to contributors each year at $25.