Texas Bureau for Economic Understanding.

A non-profit, educational organization, the Texas Bureau for Economic Understanding was chartered in June, 1954, after its officers, membership, and activities withdrew from the Better Business Bureau of Texas. The bureau's concern is teaching freedom and economics with emphasis on free enterprise to Texas youth.

The Texas Bureau for Economic Understanding is a non-profit, non-political organization funded entirely by contributions from the business community. Its programs of education and educational assistance were developed under the name Better Business Bureau of Texas from October, 1948 to June, 1954, at which time its activities, members and assets were transferred to the newly chartered Texas Bureau of Economic Understanding. The original purpose of the TBEU, as stated in its charter, was to extoll the free enterprise system. In 1959, however, the Bureau's new director stated that the organization "was formed exclusively to support the teaching of Americanism in Texas public schools and its sole function is to provide financial support for such programs throughout the state."