Shenandoah Valley Economic Education, Inc. was founded in the early 1970s to promote teaching about economics and the free enterprise system in the central Shenandoah Valley. It was originally known as the “Free Enterprise Assistance Association,” but the name was changed to reflect a mission broader than free enterprise education.

Our mission…

Shenandoah Valley Economic Education, Inc. will provide the resources to teach students K-12 how the elements of free enterprise and the American Economic System function.

The central Shenandoah Valley businesses and individuals will work in partnership with area schools in broadening the knowledge of economics. Through the teacher consultant program, SVEE will provide the driving force for training teachers and assisting with the classroom experience.

SVEE shall provide the funding mechanism through the private sector in partnership with the school systems’ support for the investment in the future of our children.

SVEE provides the funding necessary to put a full-time teacher consultant in the field to help promote economic literacy. The teacher outreach program of the James Madison University Center for Economic Education is funded by SVEE. Without SVEE’s help, economic education in our area would consist only of on-campus offerings at JMU.

Chris Runion currently serves SVEE as Chairman of the Board. SVEE is governed by a board representing local business and community interests.

The Teacher Consultant Program

In a typical year, SVEE-supported programs reach 800 teachers with information and materials, 100 teachers with training in workshops, and 20 teachers for intensive training in economic education. Using figures supplied by the Virginia Council on Economic Education, this translates into classroom benefits for more than 32,000 students in the Shenandoah Valley.

Dr. William C. Wood

Dr. William C. Wood is currently professor of economics at James Madison University and director of JMU ’s Center for Economic Education. He has been working with schoolteachers since 1985 and is a teaching member of the Academy for Economic Education. Wood is also an established economic researcher, with numerous books and economic articles to his credit.

  • Recipient, Henry H. Villard Award for excellence in economic education research, given by the National Association of Economic Educators, 2016.
  • Recipient, Distinguished Service Award, James Madison University College of Business, 2010-2011.
  • Recipient, Distinguished Leadership Award for support of literacy in the central Shenandoah Valley, Skyline Literacy Coalition, 2007.
  • Recipient, the Business Community Service Award, College of Business, James Madison University, 2003-2004.
  • Co-winner, Kenneth G. Elzinga Distinguished Teaching Award, Southern Economic Association, 2002.
  • Co-winner, Best Paper Award, Journal of Private Enterprise, 2001.
  • Distinguished Teacher 2001-2002, College of Business, James Madison University.
  • Madison Scholar (for research achievement) 1996-97, College of Business, James Madison University.
  • National Winner, Essay Competition in Entrepreneurship and Public Policy sponsored by the Association of Private Enterprise Education and the National Federation of Independent Business, 1994.

John Kruggel

John Kruggel currently serves as the SVEE-funded Teacher Consultant in the JMU Center for Economic Education.  He has a Master of Arts in Economics and Entrepreneurship for Educators from the University of Delaware.  John was awarded the 2017 Olin W. Davis Award for Exemplary Teaching of Economics for the state of Indiana.  He was also named an Indiana University Armstrong Teacher Educator in 2010.  And in 2018, he was honored by the Indiana Secretary of State for his dedication to personal finance education and outreach throughout the state.

Lynne Stover

Lynne F. Stover currently serves as a part-time SVEE-funded Teacher Consultant in the JMU Center for Economic Education. Lynne has over thirty-five years of experience as an educator. She is the author of five teacher resource books, including Fantastic Social Studies Lessons Using Literature (Pieces of Learning, 2005). She also is the author of three national published lessons on EconEdLink. Lynne is a multiple award winner in economic education competitions.