THE 85 FUND: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE 85 FUND (EIN 20-2466871)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-06
- IRS object ID
- 202533219349303288
- Schema version
- 2024v5.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-06T15:08:16-07:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920423159 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NPO Financial Services LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1056 | AddressLine1Txt |
| City | Plainfield | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46168 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202466871 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE 85 FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | 85FU | BusinessNameControlTxt |
| Phone | 8176614087 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 Main Street Ste 1375 | AddressLine1Txt |
| City | Fort Worth | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Carrie Severino | PersonNm |
| Person Title | Director, Secretary | PersonTitleTxt |
| Phone | 8176614087 | PhoneNum |
| Signature | 2025-10-31 | SignatureDt |
| Discuss With Paid Preparer | 0 | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Shawna Powell | PreparerPersonNm |
| PTIN | P01779004 | PTIN |
| Phone | 7652636800 | PhoneNum |
| Preparation | 2025-09-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Carrie Severino | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 Main Street | AddressLine1Txt |
| Address Line2 | Ste 1375 | AddressLine2Txt |
| City | Fort Worth | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $168,530,018 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | To educate the public and support activities that highlight the relationship between structural limits on government power and the protection of our dignity and our freedoms. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 1 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $143,050,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $168,530,018 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $143,050,000 | PYTotalRevenueAmt |
| CY Total Revenue | $168,530,018 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $101,397,631 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $118,174,781 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,518,698 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,569,243 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $750,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $41,717,254 | PYOtherExpensesAmt |
| CY Other Expenses | $49,910,399 | CYOtherExpensesAmt |
| PY Total Expenses | $145,383,583 | PYTotalExpensesAmt |
| CY Total Expenses | $169,654,423 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,333,583 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,124,405 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,879,307 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,754,902 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,879,307 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,754,902 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To educate the public and support activities that highlight the relationship between structural limits on government power and the protection of our dignity and our freedoms. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $163,077,432 | ExpenseAmt |
| Grant | $118,174,781 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Organization made grants and undertook activities to educate the public about the importance of constitutionalism, limited government, religious liberty, the role of the courts, education policies, and election reforms. | Desc |
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $163,077,432 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 56 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 1 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Neil Corkery | PersonNm |
| Phone | 8176614087 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 Main Street Ste 1375 | AddressLine1Txt |
| City | Fort Worth | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|---|
| Ormal Skinner | ||||||||
| Counsel | 40 | 0 | Yes (X) | $308,333 | $0 | $0 | ||
| Jason Snead | ||||||||
| Counsel | 40 | 0 | Yes (X) | $264,600 | $0 | $0 | ||
| Chad Ennis | ||||||||
| Counsel | 40 | 0 | Yes (X) | $222,853 | $0 | $0 | ||
| Carrie Severino | ||||||||
| Director, Secretary | 30 | 0 | $215,952 | $0 | $0 | Yes (X) | Yes (X) | |
| Ann Corkery | ||||||||
| Counsel | 20 | 0 | Yes (X) | $212,360 | $0 | $0 | ||
| Jacqueline Doyer | ||||||||
| Counsel | 40 | 0 | Yes (X) | $173,270 | $0 | $0 | ||
| Gary Marx | ||||||||
| Director, Treasurer | 5 | 0 | $0 | $0 | $0 | Yes (X) | Yes (X) | |
| Todd Graves | ||||||||
| Director, Chairman | 0.25 | 0 | $0 | $0 | $0 | Yes (X) | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,397,368 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| CRC Advisors | ||||||
| 2760 Eisenhower Ave | 4th Fl | Alexandria | VA | 22314 | Management Support/Administration/Operations/ Public Affairs Consulting/Advertising | $25,860,785 |
| Holtzman Vogel Josefiak Torchinsky PLLC | ||||||
| 45 North Hill Dr | Ste 100 | Warrenton | VA | 20186 | Legal Services | $4,952,257 |
| Invictus Charitable Advisors LLC | ||||||
| 1520 Belle View Blvd | Unit 5262 | Alexandria | VA | 22307 | Strategic Consulting | $3,237,000 |
| Argus Insight LLC | ||||||
| 2000 Duke St | Ste 300 | Alexandria | VA | 22314 | Research | $1,804,000 |
| Jones Day | ||||||
| 51 Louisiana Ave NW | Washington | DC | 20001 | Legal Services | $1,721,620 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 28 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $0 | GovernmentGrantsAmt |
| All Other Contributions | $168,530,018 | AllOtherContributionsAmt |
| Noncash Contributions | $0 | NoncashContributionsAmt |
| Total Contributions | $168,530,018 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $168,530,018 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,174,781 | TotalAmt |
| Program Services | $118,174,781 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $215,952 | TotalAmt |
| Program Services | $172,762 | ProgramServicesAmt |
| Management And General | $43,190 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,263,016 | TotalAmt |
| Program Services | $1,103,176 | ProgramServicesAmt |
| Management And General | $159,840 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,275 | TotalAmt |
| Program Services | $77,882 | ProgramServicesAmt |
| Management And General | $12,393 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,545,974 | TotalAmt |
| Program Services | $9,355,055 | ProgramServicesAmt |
| Management And General | $190,919 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,000 | TotalAmt |
| Management And General | $72,000 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,804,575 | TotalAmt |
| Program Services | $30,877,130 | ProgramServicesAmt |
| Management And General | $5,927,445 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $439,908 | TotalAmt |
| Program Services | $439,908 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,677 | TotalAmt |
| Program Services | $71,805 | ProgramServicesAmt |
| Management And General | $47,872 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,671 | TotalAmt |
| Program Services | $26,203 | ProgramServicesAmt |
| Management And General | $17,468 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $646,519 | TotalAmt |
| Program Services | $581,867 | ProgramServicesAmt |
| Management And General | $64,652 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,189,914 | TotalAmt |
| Program Services | $2,189,914 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,212 | TotalAmt |
| Management And General | $41,212 | ManagementAndGeneralAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,949 | TotalAmt |
| Program Services | $6,949 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,654,423 | TotalAmt |
| Program Services | $163,077,432 | ProgramServicesAmt |
| Management And General | $6,576,991 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,879,307 | BOYAmt |
| EOY | $2,754,902 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,879,307 | BOYAmt |
| EOY | $2,754,902 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,879,307 | BOYAmt |
| EOY | $2,754,902 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,879,307 | BOYAmt |
| EOY | $2,754,902 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,879,307 | BOYAmt |
| EOY | $2,754,902 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,124,405 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $0 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $65,777,856 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $117,315,050 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $134,753,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $143,050,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $168,530,018 | CurrentTaxYearAmt |
| Total | $629,425,924 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $65,777,856 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $117,315,050 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $134,753,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $143,050,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $168,530,018 | CurrentTaxYearAmt |
| Total | $629,425,924 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $629,425,924 | PublicSupportTotal170Amt |
| Total Support | $629,425,924 | TotalSupportAmt |
| Public Support CY170 | 1 | PublicSupportCY170Pct |
| Public Support PY170 | 1 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (39 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| Donors Trust | ||||||||
| 1800 Diagonal St | Ste 280 | Alexandria | VA | 22314 | 522166327 | 501 c 3 | $67,900,000 | General Support |
| Knights of Columbus Charitable Fund | ||||||||
| 1 Columbus Plaza | New Haven | CT | 06510 | 815466677 | 501 c 3 | $39,000,000 | General Support | |
| Club for Growth Foundation | ||||||||
| 2001 L St NW | Washington | DC | 20036 | 822552404 | 501 c 3 | $1,500,000 | General Support | |
| Ethics and Public Policy Center | ||||||||
| 1730 M St NW | Washington | DC | 20036 | 521162185 | 501 c 3 | $1,325,000 | General Support | |
| Hawthorn Foundation Inc | ||||||||
| 667 Madison Ave | Fl 5 | New York City | NY | 10065 | 843042040 | 501 c 3 | $1,100,000 | General Support |
| Paragon Health Institute | ||||||||
| 1320 N Courthourse Rd | Ste 540 | Arlington | VA | 22201 | 872508858 | 501 c 3 | $1,000,000 | General Support |
| Fidelis Center for Law and Policy | ||||||||
| PO Box 259837 | Madison | WI | 53725 | 202787890 | 501 c 3 | $925,000 | General Support | |
| Maine Policy Institute | ||||||||
| POB 7829 | Portland | ME | 04112 | 223888250 | 501 c 3 | $760,000 | General Support | |
| Triton Research Institute | ||||||||
| PO Box 60485 | West Bridgewater | MA | 02379 | 994709671 | 501 c 3 | $500,000 | General Support | |
| The Tikvah Fund | ||||||||
| 165 East 56th St | New York | NY | 10022 | 133676152 | 501 c 3 | $450,000 | General Support | |
| American Legislative Exchange Counsel | ||||||||
| 2900 Crystal Dr | Ste 600 | Arlington | VA | 22202 | 520140979 | 501 c 3 | $429,881 | General Support |
| Becket Fund For Religious Rreedom | ||||||||
| 1919 Pennsylvania Ave NW | Washington | DC | 20006 | 521858532 | 501 c 3 | $400,000 | General Support | |
| Center for Individual Rights | ||||||||
| 1100 Connecticut Ave NW | Ste 625 | Washington | DC | 20036 | 521600481 | 501 c 3 | $350,000 | General Support |
| National Center for Public policy | ||||||||
| 2005 Massachusetts Ave NW | Washington | DC | 20036 | 521226614 | 501 c 3 | $300,000 | General Support | |
| Smart Approaches to Marijuana INC | ||||||||
| 107 S West St | Ste 757 | Alexandria | VA | 22314 | 472400657 | 501 c 3 | $300,000 | General Support |
| Central Fund of Israel | ||||||||
| 461 Central Avenue | Cedarhurst | NY | 11516 | 132992985 | 501 c 3 | $250,000 | General Support | |
| Independent Womans Forum | ||||||||
| 1875 I ST NW | Ste 500 | Washington | DC | 20006 | 541670627 | 501 c 3 | $250,000 | General Support |
| Library of Congress | ||||||||
| 101 Independence Ave SE | Washington | DC | 20540 | 536002532 | 501 c 3 | $250,000 | General Support | |
| Eagles' Wings | ||||||||
| 10490 Main St | Clarence | NY | 14031 | 161462696 | 501 c 3 | $180,000 | General Support | |
| Americans for Limited Government | ||||||||
| 10332 Main Street | Box 326 | Fairfax | VA | 22030 | 363975580 | 501 c 4 | $110,000 | 501c3 Activities Only |
| Georgia Community Foundation | ||||||||
| 3740 Davinci Ct | Ste 375 | Peachtree Corners | GA | 30092 | 203676886 | 501 c 3 | $110,000 | General Support |
| The Heritage Foundation | ||||||||
| 214 Massachusetts Ave NE | Washington | DC | 20002 | 237327730 | 501 c 3 | $110,000 | General Support | |
| Youth Leadership Foundation | ||||||||
| 2001 L Street NW | Ste 500 | Washington | DC | 20036 | 522016259 | 501 c 3 | $100,000 | General Support |
| Cornell University | ||||||||
| 341 Pine Tree Rd | Ithaca | NY | 14850 | 150532082 | 501 c 3 | $80,000 | General Support | |
| National Civic Art Society | ||||||||
| 300 New Jersey Ave NW | Washington | DC | 20001 | 383686330 | 501 c 3 | $75,000 | General Support | |
| Americans for Limited Govt Research Foundation | ||||||||
| 10332 Main Street | Box 326 | Fairfax | VA | 22030 | 522020468 | 501 c 3 | $70,000 | General Support |
| Conscience Project | ||||||||
| 1350 Beverly Rd | Ste 115 196 | McClean | VA | 22101 | 862366365 | 501 c 3 | $50,000 | General Support |
| Legal Insurection Foundation | ||||||||
| 222 Jefferson Blvd | Warwick | RI | 02888 | 822279600 | 501 c 3 | $50,000 | General Support | |
| Pacific Research Institute for Public Policy | ||||||||
| PO Box 60485 | Pasadena | CA | 91116 | 942528433 | 501 c 3 | $45,000 | General Support | |
| The Free State Foundation | ||||||||
| 10701 Stapleford Hall Dr | Potomac | MD | 20854 | 743160646 | 501 c 3 | $40,000 | General Support | |
| American Accountability Foundation | ||||||||
| 300 Independence Ave SE | Washington | DC | 20003 | 854391204 | 501 c 3 | $25,000 | General Support | |
| American Juris Link | ||||||||
| 7000 N 16 St | Ste 120 | Phoenix | AZ | 85020 | 842191039 | 501 c 3 | $25,000 | General Support |
| Council For National Policy | ||||||||
| 444 N Capital St NW | Ste 830 | Washington | DC | 20001 | 720921017 | 501 c 4 | $25,000 | 501c3 Activities Only |
| Elm Institute Inc | ||||||||
| 31 Whitney Ave | Ste 1 | New Haven | CT | 06510 | 471625610 | 501 c 3 | $25,000 | General Support |
| Family Research Council | ||||||||
| 801 G St NW | Washington | DC | 20001 | 521792772 | 501 c 3 | $20,300 | General Support | |
| State Policy Network | ||||||||
| 1500 Wilson Blvd | Ste 600 | Arlington | VA | 22209 | 570952531 | 501 c 3 | $20,000 | General Support |
| Faith Freedom Coalition | ||||||||
| PO 957736 | Duluth | GA | 30095 | 270182697 | 501 c 4 | $10,000 | 501c3 Activities Only | |
| Health Markets Policy Network | ||||||||
| 4301 Forest Ln NW | Washington | DC | 20007 | 874120601 | 501 c 3 | $6,000 | General Support | |
| Young Americans for Liberty Foundation | ||||||||
| 3267 Bee Cave Rd | Ste 107-65 | Austin | TX | 78746 | 453503672 | 501 c 3 | $6,000 | General Support |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 36 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | The organization requires grantees to provide regular updates on performance of their programs. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ormal Skinner | ||||||||||||||
| Counsel | $308,333 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $308,333 | $0 | $0 | $0 |
| Carrie Severino | ||||||||||||||
| Director, Secretary | $215,952 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $215,952 | $0 | $0 | $0 |
| Jason Snead | ||||||||||||||
| Counsel | $264,600 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $264,600 | $0 | $0 | $0 |
| Ann Corkery | ||||||||||||||
| Counsel | $162,360 | $0 | $50,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $212,360 | $0 | $0 | $0 |
| Chad Ennis | ||||||||||||||
| Counsel | $220,853 | $0 | $2,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $222,853 | $0 | $0 | $0 |
| Jacqueline Doyer | ||||||||||||||
| Counsel | $171,270 | $0 | $2,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $173,270 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J, Part I, Line 7 | FormAndLineReferenceDesc |
| Explanation | The board reserves the right to provide discretionary bonuses to compensate individuals for excellent performance and to incentivize such performance. The Board makes sure that total compensation including bonus results in an overall compensation package that is reasonable in the market. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Madison Strategies | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | 35% controlled entity of Director Gary Marx | RelationshipDescriptionTxt |
| Transaction | $198,000 | TransactionAmt |
| Transaction | Consulting services | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, Line 11b | The Form 990 is prepared by an Independent Contractor. Officers review the Form 990 prior to filing with the Internal Revenue Service (IRS). |
| Form 990, Part VI, Section B, Line 12c | Officers and Directors are required to read the Conflict of Interest Policy and disclose any potential conflicts, on an annual basis. |
| Form 990, Part VI, Section B, Line 15 | The compensation of the Officer/Director is reviewed annually by the independent members of the Governing Body and established based on performance and available data of compensation of similar organizations. |
| Form 990, Part VI, Section C, Line 19 | The organization does not make these documents available to the public. |
| Form 990, Part VII, Section B, Line 1(A) | The 85 Fund has achieved extraordinary results through its relationship with CRC Advisors, which has dedicated dozens of best in class professionals who provide a broad range of services with an unsurpassed level of professionalism and excellence. With regard to its compensation arrangement with CRC Advisors, 85 Fund has voluntarily adopted procedures consistent with establishing a rebuttable presumption that its compensation arrangement with CRC Advisors is reasonable under Treasury Regulation 53.4958-6(c), including by retaining a national consulting firm with expertise in compensation analysis, receiving approval from its independent board of directors, and regular reviews from national accounting and legal firms. |
| Form 990, Part VII, Section B, Line 1(C) | Form 990 Part VII Section B. Fees paid to consultants are reviewed in detail and approved by the board of directors at regular board meetings throughout the year. |
| Form 990, Part IX, Line 11g | Amount of $36,804,575 consists of: Program Service Expenses- $3,294,949 Consulting, $1,044,686 Educational Advocacy, $24,711,495 Public Affairs Consulting and $1,826,000 Research and Management/General Expenses - $5,923,410 Consulting and $4,035 Payroll Services. |