The Complementary Economics Foundation (CEF) provides education, increased public awareness, training and support services for innovation in the Complementary Capital Systems sectors.
CEF is a U.S. based non-profit, IRS approved tax exempt 501(c)(3) organization. CEF serves the Trade and Complementary Capital Systems sectors.
Although some forms of non-cash based trade systems have been in existence for over 40 years and have been recognized by the U.S. government and many other governments since the early 80’s, these practices are still largely unknown to the general public. Even with the rise of Bitcoin and other “Blockchain” based currencies, and the groundswell of interest they have helped inspire, the public, academia, and policy makers still lack any practical understanding of what these systems are and can do.
“Excess Business Capacity” represents the difference between actual cash revenues received and the potential cash revenues and profits which would be realized if a business operated at 100% of its capacity. Most businesses are operating at much less than 100% of their potential business capacity.
Best estimates based on data available suggest that over 400,000 companies worldwide utilize complementary economic systems in one form or another to turn their Excess Business Capacity and underperforming assets into ~$12 Billion dollars of additional revenue, which would have previously gone unrealized and/or to waste. The effects of utilizing these systems translate into improved employment rates, higher success rates for locally owned businesses, less waste in large companies and more efficient resource utilization overall.
CEF will increase public awareness by establishing a robust and diverse news channel to facilitate communication and the sharing of information; support research and studies to evaluate best practices; and develop partnerships with academia, businesses, think tanks and associations that can assist its mission.
CEF will provide support for mutual credit clearing and trade/barter based systems that provide an important alternative marketplace for NGO’s, non-profits, businesses and consumers. Included under the complementary economics umbrella are companies that deal in larger corporate trades and countertrade organizations that utilize various forms of non-cash trade as a mechanism for transacting multi-country import and export activities.
As a Fiscal Sponsor, CEF will receive and administer all donated or granted funds that Sponsored Organization will use to carry out their Project. CEF will send all required acknowledgments to donors of tax-deductible contributions, and will submit all required grant reports. CEF will assist in grant writing and provide support services to its Sponsored Organizations.