FREEDOM FORUM INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- FREEDOM FORUM INC (EIN 54-1604427)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-08
- IRS object ID
- 202102819349101100
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-10-08T13:19:59-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 111986323 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1899 L STREET NW SUITE 850 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541604427 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FREEDOM FORUM INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FREE | BusinessNameControlTxt |
| Phone | 2022926100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NEW JERSEY AVENUE NW SUITE 80 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHERRY MINEAR | PersonNm |
| Person Title | CFO,CAO, & TREASURER | PersonTitleTxt |
| Phone | 2022926100 | PhoneNum |
| Signature | 2021-10-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SHERRY | PersonFirstNm |
| Person Last | MINEAR | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FRANK H SMITH | PreparerPersonNm |
| PTIN | P00639053 | PTIN |
| Phone | 2022274000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $626,625,573 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $3,919,793 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $3,919,793 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $3,919,793 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $507,333 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $507,333 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $507,333 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $507,333 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $11,697,508 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $431,753,547 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $11,697,508 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $1,639,330 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $20,395 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $20,395 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $16,145,029 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $16,124,634 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $6,086,851 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $1,680,800 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $183,631 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $183,631 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $1,497,169 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $3,645,352 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $42,180 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $42,180 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $3,480,549 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,704,919 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $2,486 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $2,486 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $4,152,682 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,132,794 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,124,560 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $271,355 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $13,568 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $13,568 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $289,488 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $6,310,870 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $4,106,937 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $4,106,937 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,162,034 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,641,455 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $2,208,847 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,233,071 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $1,008,631 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $955,902 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $2,936,707 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $157,943 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $157,943 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,518,517 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $63,805 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $12,837 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $12,837 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $72,133 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $188,231 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $180,958 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $2,632,485 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $2,650,133 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $24,397,746 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,519,582 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $4,519,582 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $21,345,701 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,665,838 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,653,838 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $29,063,584 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,519,582 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $4,519,582 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $25,999,539 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$12,918,555 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $11,605,052 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,567,269 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $696,941 | CashBOYAmt |
| Cash EOY | $1,607,363 | CashEOYAmt |
| Cash EOYFMV | $1,607,363 | CashEOYFMVAmt |
| Acct Rcvbl | $21,497 | AcctRcvblAmt |
| Acct Rcvbl BOY | $245,129 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $21,497 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $21,497 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $24,885,367 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $98,651,774 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $98,651,774 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $170,057,579 | CorporateStockBOYAmt |
| Corporate Stock EOY | $209,356,165 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $209,356,165 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $29,936,330 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $29,287,349 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $29,287,349 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $165,319,868 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $242,002,009 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $242,002,009 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $7,072,956 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,350,866 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $317,354,730 | LandBOYAmt |
| Land EOY | $2,722,090 | LandEOYAmt |
| Land EOYFMV | $2,722,090 | LandEOYFMVAmt |
| Other Assets BOY | $33,705,281 | OtherAssetsBOYAmt |
| Other Assets EOY | $42,977,326 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $42,977,326 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $742,201,225 | TotalAssetsBOYAmt |
| Total Assets EOY | $626,625,573 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $626,625,573 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $32,155,952 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $31,112,249 | AccountsPayableEOYAmt |
| Grants Payable BOY | $69,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $119,000 | GrantsPayableEOYAmt |
| Mortgages And Notes Payable BOY | $196,375,000 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $50,000,000 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $78,476,165 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $77,821,611 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $307,076,117 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $159,052,860 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $435,125,108 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $467,572,713 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $435,125,108 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $467,572,713 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $742,201,225 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $626,625,573 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $435,125,108 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$12,918,555 | ExcessRevenueOverExpensesAmt |
| Other Increases | $51,127,904 | OtherIncreasesAmt |
| Subtotal | $473,334,457 | SubtotalAmt |
| Other Decreases | $5,761,744 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $467,572,713 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|
| SALE OF 555 PENN. AVE NW UNITS C-1 AND C-2 | P | 2008-04-01 | 2020-06-29 | $302,500,000 | $178,299,486 | $489,198,108 | -$8,398,622 | -$8,398,622 |
| GOLDMAN SACHS-ADVISORY ACCT. | P | $31,473,589 | $30,191,416 | $1,282,173 | $1,282,173 | |||
| GOLDMAN SACHS-BROKERAGE ACCT. | P | $22,650,649 | $5,641,178 | $17,009,471 | $17,009,471 | |||
| GOLDMAN SACHS-CORE ACCT. | P | $7,463,765 | $7,235,387 | $228,378 | $228,378 | |||
| GOLDMAN SACHS-SOUNDSHORE ACCT. | P | $7,593,185 | $8,048,567 | -$455,382 | -$455,382 | |||
| GOLDMAN SACHS-DELAWARE ACCT. | P | $3,698,436 | $3,481,004 | $217,432 | $217,432 | |||
| GOLDMAN SACHS-EASTERN SHORE ACCT. | P | $680,000 | $539,030 | $140,970 | $140,970 | |||
| GOLDMAN SACHS-MARGIN ACCT. | P | $330,536 | $392,783 | -$62,247 | -$62,247 | |||
| GOLDMAN SACHS-FF FIERA ACCT. | P | $443,969 | $343,398 | $100,571 | $100,571 | |||
| GOLDMAN SACHS-PALISADE ACCT. | P | $1,353,595 | $1,201,134 | $152,461 | $152,461 | |||
| GOLDMAN SACHS-DIAMOND HILL ACCT. | P | $1,480,566 | $1,445,592 | $34,974 | $34,974 | |||
| GOLDMAN SACHS-MARGIN COLL. ACCT. | P | $805,831 | $729,300 | $76,531 | $76,531 | |||
| LOSS ON DISPOSAL OF FIXED ASSET | P | $33,993 | -$33,993 | -$33,993 | ||||
| GOLDMAN SACHS-MARGIN ACCT. | P | $6,045,603 | $7,838,115 | -$1,792,512 | -$1,792,512 | |||
| GOLDMAN SACHS-FF FIERA ACCT. | P | $2,173,999 | $1,717,048 | $456,951 | $456,951 | |||
| GOLDMAN SACHS-SOUNDSHORE ACCT. | P | $10,146,649 | $9,252,074 | $894,575 | $894,575 | |||
| GOLDMAN SACHS-DELAWARE ACCT. | P | $4,706,208 | $3,438,934 | $1,267,274 | $1,267,274 | |||
| GOLDMAN SACHS-CORE ACCT. | P | $28,206,967 | $27,628,464 | $578,503 | $578,503 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $11,697,508 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $1,639,330 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $161,310 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $161,310 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $161,310 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $704,100 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $704,100 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $542,790 | OverpaymentAmt |
| Applied To ES Tax | $542,790 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Org Report Or Register State | TN | OrgReportOrRegisterStateCd |
| Org Report Or Register State | VA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.FREEDOMFORUM.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHERRY MINEAR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2022926100 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NEW JERSEY AVENUE NW SUITE 800 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (14 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JAN NEUHARTH | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | CHAIR AND CHIEF EXECUTIVE OFFICER | 29.00 | $509,920 | $15,687 | $39,769 |
| MICHAEL COLEMAN | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | SECRETARY/TRUSTEE | 10.00 | $27,500 | $0 | $0 |
| JAMES ABBOTT | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | TRUSTEE | 5.00 | $16,500 | $0 | $0 |
| MALCOLM R KIRSCHENBAUM | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | TRUSTEE | 10.00 | $42,500 | $0 | $0 |
| JOHN LEE IV | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | TRUSTEE | 5.00 | $26,000 | $0 | $0 |
| PETER S PRICHARD | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | TRUSTEE | 10.00 | $42,500 | $0 | $0 |
| ORAGE QUARLES III | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | TRUSTEE | 10.00 | $27,500 | $0 | $0 |
| JUDY C WOODRUFF | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | TRUSTEE | 5.00 | $15,000 | $0 | $0 |
| NICOLE F MANDEVILLE | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | TREASURER/CFO | 29.00 | $351,248 | $17,016 | $53,607 |
| PAMELA Y GALLOWAY-TABB | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | SVP CONFERENCE | 29.00 | $251,759 | $25,164 | $10,813 |
| SHERRY MINEAR | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | CHIEF ADMIN. & VP/CONTROLLER | 29.00 | $189,945 | $8,076 | $20,813 |
| CINDY KEITH | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | CHIEF HUMAN RESOURCE OFFICER/VP | 29.00 | $144,428 | $10,865 | $7,034 |
| BARBARA WALL | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | TRUSTEE | 5.00 | $18,000 | $0 | $0 |
| JACK KIRSCHENBAUM | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | TRUSTEE | 5.00 | $18,000 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| GENE POLICINSKI | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | PRESIDENT & COO OF F | 40.00 | $294,524 | $27,266 | $20,712 |
| CARRIE CHRISTOFFERSEN | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | VP OF ENGAGEMENT & C | 40.00 | $249,191 | $10,321 | $48,312 |
| CATHY TROST | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | CHIEF ENGAGEMENT OFF | 40.00 | $262,175 | $7,846 | $21,034 |
| BARBARA MCCORMACK | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | VP OF EDUCATION | 40.00 | $171,968 | $22,540 | $11,106 |
| EMILY NICHOLSON SIMCOX | ||||||||
| 300 NEW JERSEY AVENUE NW SUITE 800 | WASHINGTON | DC | 20001 | VP OF DEVELOPMENT | 40.00 | $149,847 | $21,949 | $11,428 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 25 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PRINCETON FUND LTD CLASS A SERIES I | |||||
| 200 WEST STREET | NEW YORK | NY | 102822198 | INVESTMENT ADVISOR | $878,899 |
| CHICAGO WASHINGTON LLC | |||||
| 302 CENTRAL AVENUE | WILMETTE | IL | 60091 | LEGAL SERVICES | $650,000 |
| SEQUENTUR LLC | |||||
| 1300 I STREET NW SUITE 400E | WASHINGTON | DC | 20005 | TECHNOLOGY SERVICES | $556,756 |
| MARSH | |||||
| 1166 AVENUE OF THE AMERICAS | NEW YORK | NY | 10036 | INSURANCE | $442,676 |
| MARCUM LLP | |||||
| 1899 L STREET NW 800 | WASHINGTON | DC | 20036 | AUDITING AND TAX SERVICES | $431,607 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 47 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | EXPENDITURES MADE TO ADVANCE AND MAINTAIN THE OPERATIONS AND OPERATIONAL ASSETS OF NEWSEUM, INC. (AN IRC 501 (C)(3)TAX EXEMPT ORGANIZATION) AND NEWSEUM INSITITUTE, INC. (EDUC. INSTITUTION). | Description1Txt |
| Expenses1 | $26,011,539 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $441,938,605 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,682,800 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $443,621,405 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $443,621,405 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,654,321 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $436,967,084 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $21,848,354 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $25,999,539 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $25,999,539 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $25,999,539 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2008-05-15 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,567,269 | CurrentYearAmt |
| Year1 | $888,245 | Year1Amt |
| Year2 | $544,514 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $3,000,028 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,332,179 | CurrentYearAmt |
| Year1 | $755,008 | Year1Amt |
| Year2 | $462,837 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $2,550,024 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $25,999,539 | CurrentYearAmt |
| Year1 | $16,361,557 | Year1Amt |
| Year2 | $42,070,862 | Year2Amt |
| Year3 | $38,083,503 | Year3Amt |
| Total | $122,515,461 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $60,000 | CurrentYearAmt |
| Year1 | $51,000 | Year1Amt |
| Year2 | $75,000 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $186,000 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $25,939,539 | CurrentYearAmt |
| Year1 | $16,310,557 | Year1Amt |
| Year2 | $41,995,862 | Year2Amt |
| Year3 | $38,083,503 | Year3Amt |
| Total | $122,329,461 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $14,565,569 | CurrentYearAmt |
| Year1 | $12,972,246 | Year1Amt |
| Year2 | $14,012,521 | Year2Amt |
| Year3 | $13,985,375 | Year3Amt |
| Total | $55,535,711 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (37 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|
| FREEDOM FORUM INSTITUTE INC | ||||||||||
| 1207 8TH STREET SOUTH | NASHVILLE | TN | 37212 | RELATED ORGANIZATION | PC | GENERAL SUPPORT | $4,348,934 | |||
| NEWSEUM INC | ||||||||||
| 300 NEW JERSEY AVE STE 800 | WASHINGTON | DC | 20001 | RELATED ORGANIZATION | PC | GENERAL SUPPORT | $256,904 | |||
| ARIZONA CHRISTIAN UNIVERSITY | ||||||||||
| 1 W FIRESTORM WAY | GLENDALE | AZ | 85306 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| BOISE STATE UNIVERSITY | ||||||||||
| 1910 UNIVERSITY DRIVE | BOISE | ID | 837251315 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| BOSTON UNIVERSITY | ||||||||||
| 881 COMMONWEALTH AVENUE | BOSTON | MA | 02215 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| BRANDEIS UNIVERSITY | ||||||||||
| 415 SOUTH STREET | WALTHAM | MA | 02454 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| BRIGHAM YOUNG UNIVERSITY-IDAHO | ||||||||||
| 525 SOUTH CENTER STREET | REXBURG | ID | 834601620 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| DEPAUL UNIVERSITY | ||||||||||
| 1 EAST JACKSON BLVD | CHICAGO | IL | 60604 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| DEPAUL UNIVERSITY | ||||||||||
| 1 EAST JACKSON BLVD | CHICAGO | IL | 60604 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| DREXEL UNIVERSITY | ||||||||||
| 3141 CHESTNUT STREET | PHILADELPHIA | PA | 19104 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| GEORGE WASHINGTON UNIVERSITY | ||||||||||
| 2130 H STREET NW | WASHINGTON | DC | 20052 | PC | FREE SPIRIT SCHOLARSHIP | $2,000 | ||||
| GEORGIA SOUTHERN UNIVERSITY | ||||||||||
| PO BOX 8155 | STATESBORO | GA | 30460 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| INDIANA UNIVERSITY | ||||||||||
| 601 E KIRKWOOD AVENUE | BLOOMINGTON | IN | 47405 | PC | FREE SPIRIT SCHOLARSHIP | $3,000 | ||||
| INTERNATIONAL WOMEN'S MEDIA FOUNDATION | ||||||||||
| 1625 K ST NW 1275 | WASHINGTON | DC | 20006 | PC | 2020 COURAGE IN JOURNALISM AWARDS | $10,000 | ||||
| LEWIS & CLARK | ||||||||||
| 615 S PALATINE HILL RD MSC 33 | PORTLAND | OR | 97219 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| MISSOURI STATE UNIVERSITY | ||||||||||
| 901 SOUTH NATIONAL AVENUE | SPRINGFIELD | MO | 65897 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| NEW MEXICO STATE UNIVERSITY | ||||||||||
| PO BOX 3009 | LAS CRUCES | NM | 880038001 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| NORTH DAKOTA STATE UNIVERSITY | ||||||||||
| NDSU DEPT 3100 PO BOX 6050 | FARGO | ND | 581086050 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| STANFORD UNIVERSITY | ||||||||||
| 520 LASUEN MALL OLD UNION 322 | STANFORD | CA | 94305 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| STATE UNIVERSITY OF IOWA | ||||||||||
| 105 JESSUP HALL | IOWA CITY | IA | 52242 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| SWARTHMORE COLLEGE | ||||||||||
| 500 COLLEGE AVE | SWARTHMORE | PA | 19081 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| UNIVERSITY OF ALABAMA | ||||||||||
| OFFICE OF STUDENT RECIEVABLES | TUSCALOOSA | AL | 35487 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| UNIVERSITY OF ARKANSAS | ||||||||||
| 214 ARKANSAS UNION | FAYETTEVILLE | AR | 72701 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| UNIVERSITY OF CHICAGO | ||||||||||
| OFFICE OF COLLEGE AID | CHICAGO | IL | 60637 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| UNIVERSITY OF CINCINNATI | ||||||||||
| 2618 MCMICKEN CIR | CINCINNATI | OH | 45219 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| UNIVERSITY OF MICHIGAN | ||||||||||
| 2500 STUDENT ACTIVITIES BUILDING | ANN ARBOR | MI | 481091316 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| UNIVERSITY OF MISSOURI-COLUMBIA | ||||||||||
| 109 REYNOLDS ALUMNI CENTER | COLUMBIA | MO | 65211 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| UNIVERSITY OF NEBRASKA-LINCOLN | ||||||||||
| 1410 Q STREET | LINCOLN | NE | 685880417 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| UNIVERSITY OF NORTH CAROLINA-CHAPEL HILL | ||||||||||
| 300 PETTIGREW HALL | CHAPEL HILL | NC | 27514 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| UNIVERSITY OF SOUTHERN CALIFORNIA | ||||||||||
| UNIVERSITY GARDENS BLDG STE 205 | LOS ANGELES | CA | 90089 | PC | FREE SPIRIT SCHOLARSHIP | $2,000 | ||||
| UNIVERSITY OF WASHINGTON | ||||||||||
| BOX 351120 | SEATTLE | WA | 98195 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| UNIVERSITY OF WISCONSIN-MADISON | ||||||||||
| 21 NORTH PARK STREET | MADISON | WI | 537151218 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| WEST VIRGINIA WESLEYAN COLLEGE | ||||||||||
| 59 COLLEGE AVENUE | BUCKHANNON | WV | 26201 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| WESTERN WASHINGTON UNIVERSITY | ||||||||||
| 516 HIGH STREET | BELLINGHAM | WA | 982281420 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| WILLIAM MARSH RICE UNIVERSITY | ||||||||||
| 6100 MAIN ST | HOUSTON | TX | 77005 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| YALE UNIVERSITY | ||||||||||
| P O BOX 2038 | NEW HAVEN | CT | 065212038 | PC | FREE SPIRIT SCHOLARSHIP | $1,000 | ||||
| CONCORDIA UNIVERSITY | ||||||||||
| GOV | FREE SPIRIT SCHOLARSHIP | $1,000 | 1445 DE MAISONNEUVE BLVE | WEST MONTREAL | CA | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,653,838 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FREE SPIRIT SCHOLAR RECIPIENTS | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 NEW JERSEY AVE STE 800 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | 50 $1,000 FREE SPIRIT SCHOLARSHIPS | GrantOrContributionPurposeTxt |
| Amt | $50,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $50,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,919,793 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $507,333 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $11,697,508 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $20,395 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $16,145,029 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $16,145,029 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $271,355 | Amt |
| Net Investment Income | $13,568 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $13,568 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $289,488 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $29,287,349 | EOYBookValueAmt |
| EOYFMV | $29,287,349 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $209,356,165 | EOYBookValueAmt |
| EOYFMV | $209,356,165 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $98,651,774 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $98,651,774 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | BROKERAGE: ALTERNATIVE INVESTMENTS/HEDGE FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $242,002,009 | BookValueAmt |
| EOYFMV | $242,002,009 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $1,132,794 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,124,560 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (8 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENT INCOME RECEIVABLE | $79,376 | $0 | $0 |
| MISCELLANEOUS ASSETS | $3,161,384 | $2,556,279 | $2,556,279 |
| FUNDS HELD WITH TRUSTEE | $536,331 | $0 | $0 |
| DIVIDENDS RECEIVABLE | $50,209 | $78,871 | $78,871 |
| COST OF ISSUANCE | $2,152,955 | $0 | $0 |
| DUE FROM AFFILIATE | $23,660,817 | $36,477,967 | $36,477,967 |
| SECURITY DEPOSIT | $114,209 | $114,209 | $114,209 |
| CONTRIBUTED LEASE | $3,950,000 | $3,750,000 | $3,750,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CHANGE IN ADDITIONAL PENSION LIABILITY | $3,608,789 |
| WRITE OFF COST OF ISSUANCE BONDS | $2,152,955 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EQUIPMENT EXPENSES | $783,602 | $0 | $0 | $803,815 |
| OFFICE EXPENSE | $101,017 | $0 | $0 | $101,826 |
| MARKETING EXPENSE | $42,957 | $0 | $0 | $40,057 |
| COPYRIGHT AND LICENSE FEES | $1,914 | $0 | $0 | $1,440 |
| ADDITIONAL SALE EXPENSES | $1,702,995 | $0 | $0 | $1,702,995 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Revenue And Expenses Per Books | $20,395 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $20,395 | AdjustedNetIncomeAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | $46,918,459 |
| FF ALLOCATION ADJUSTMENT | $4,209,445 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEFERRED FEDERAL EXCISE TAX PAYABLE | $788,804 | $949,689 |
| MARGIN PAYABLE | $77,687,361 | $76,871,922 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CONSULTING FEES | $2,203,933 | $0 | $0 | $2,162,034 |
| INVESTMENT FEES | $4,106,937 | $4,106,937 | $4,106,937 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PERSONAL PROPERTY TAX | $552,131 | $0 | $0 | $552,131 |
| DC BALL PARK FEE | $16,500 | $0 | $0 | $16,500 |
| FEDERAL EXCISE AND DEFERRED TAXES | $664,440 | $0 | $0 | $440,000 |