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The International Foundation for Research in Experimental Economics (IFREE) was established in 1997 by Dr. Vernon L. Smith to support research and education in experimental economics. Today, IFREE remains the only foundation annually supporting experimental research projects, graduate and post-doctoral education, seminars and outreach workshops in experimental economics, and outreach activities in the application of experimental economic research to important public policy questions. The IFREE Mission is to support economic research and education through experimental methods, advancing the understanding of exchange systems and promoting the testing and application of market-based institutions to solve real world problems. Inspired originally by the vision of Mary Caslin Ross and work of Vernon L. Smith, the International Foundation for Research in Experimental Economics(IFREE), an education and research 501(c)(3) organization, was established in 1997. IFREE serves to fund research and national and international workshops in experimental economics, and to support graduate students, post-doctoral fellows, and visiting scholars at George Mason University and other institutions. IFREE's priorities and responsibilities are to: highlight the pioneering approach to economic understanding and the unique approach to education that grew out of the development of experimental methods in economics; support research and education that continues that development; conduct educational outreach into broader communities of people in business and government. IFREE's vision is to change the way people think about economics.