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The Free Market Monetary Education Association was organized in Kansas in October 2006. The group is a Kansas not-for-profit corporation. The nature of the business entity is "...to provide education in the practical aspects of free markets, finance, monetary policy, and information systems."

The Chairman of the Board of Directors is Jim Davidson. Raised in Lawrence, Kansas, Jim was valedictory speaker at his high school commencement. He attended Columbia College of Columbia University as a National Merit Scholar, John Jay Scholar, and Kansas Scholar. In 1985, he received a bachelor's degree in history from Columbia. While in New York, he worked in the banking industry as weekend shift supervisor for a lockbox operation handling about forty-five million dollars a week and managing a crew of twelve. In 1987 he received a master of business administration from Rice University's Jesse Jones Graduate School of Administration. Since then he has worked in aerospace, real estate, finance, marketing, and management consulting.

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