FREEDOMWORKS FOUNDATION INC

As filed

Subsection

03

Street

111 K ST NE 6TH FLOOR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• CENTER FOR ECONOMIC FREEDOM: THE FOUNDATION WORKS TO CONSTANTLY ENGAGE ACTIVISTS ACROSS THE COUNTRY IN ORDER TO IMPLEMENT ITS PROGRAMS. ADDITIONALLY, EDUCATION AND RESEARCH PROGRAMS ARE CONDUCTED TO SUPPORT THE COMMUNITY TO FURTHER ITS FREE MARKET AND LIMITED GOVERNMENT ACTIVITIES. STRATEGY INCLUDES STRATEGIC MANAGEMENT AND DISCUSSION ABOUT FOUNDATION DEVELOPMENT AND CREATION OF FUTURE PROGRAMS. IN ORDER TO ENSURE THAT THE FOUNDATION IS BEING RESPONSIVE TO ITS COMMUNITY AND KEY STAKEHOLDERS, THE FOUNDATION WILL CONTINUALLY EVALUATE PROGRAMS.

  Expenses $4,076,354

• REGULATORY ACTION: THE FOUNDATION MOBILIZES THE COMMUNITY TO IMPLEMENT THE REGULATORY ACTION PROGRAM. THE FOUNDATION USES CUTTING EDGE TECHNOLOGY TO ENGAGE ITS COMMUNITY TO TAKE PART IN THE REGULATORY PROCESS. ADDITIONALLY, TRAINING AND SUPPORT ARE PROVIDED TO THE ACTIVIST COMMUNITY TO FURTHER THE FOUNDATION'S REGULATORY ENGAGEMENT.

  Expenses $85,818

• FREEDOMWORKS FOUNDATION'S BUILDING EDUCATION FOR STUDENTS TOGETHER (BEST) PROGRAM WORKS TO EDUCATE AND MOBILIZE ACTIVISTS TO BECOME INVOLVED IN THE EDUCATION OF THEIR CHILDREN AND THE BROADER COMMUNITY. RESEARCH IS CONDUCTED ON EDUCATION POLICY ACROSS THE UNITED STATES. ACTIVISTS LEARN ABOUT THE DIFFERENT ROLES OF SCHOOL BOARDS, SUPERINTENDENTS, TEACHERS, AND PARENTS WITHIN THE EDUCATION SYSTEM.

  Expenses $128,727

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $4,607,322

  Expenses

  $4,556,267

  Contributions

  $4,603,649

  Grants paid

  $0

• 2022

  Revenue

  $7,186,346

  Expenses

  $8,423,843

  Contributions

  $7,139,619

  Grants paid

  $33,656

• 2022

  Revenue

  $7,186,346

  Expenses

  $8,423,843

  Contributions

  $7,139,619

  Grants paid

  $33,656

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $7,527,754

  Expenses

  $8,604,982

  Assets (EOY)

  $3,288,674

• 2020 · 990

  Revenue

  $8,379,908

  Expenses

  $6,805,394

  Assets (EOY)

  $3,901,615

• 2019 · 990

  Revenue

  $5,761,882

  Expenses

  $4,755,662

  Assets (EOY)

  $2,953,833

• 2018 · 990

  Revenue

  $7,185,920

  Expenses

  $4,973,527

  Assets (EOY)

  $1,346,822

• 2017 · 990

  Revenue

  $3,938,665

  Expenses

  $5,221,978

  Assets (EOY)

  $1,932,236

• 2016 · 990

  Revenue

  $3,495,724

  Expenses

  $3,536,818

  Assets (EOY)

  $2,864,484

• 2015 · 990

  Revenue

  $3,537,202

  Expenses

  $4,271,696

  Assets (EOY)

  $1,791,610

• 2014 · 990

  Revenue

  $5,886,965

  Expenses

  $5,896,573

  Assets (EOY)

  $1,723,073

• 2014 · 990

  Revenue

  $5,886,965

  Expenses

  $5,896,573

  Assets (EOY)

  $1,723,073

• 2013 · 990

  Revenue

  $5,430,464

  Expenses

  $9,143,765

  Assets (EOY)

  $1,294,519

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• ROBERT SMALLS LEGACY FOUNDATION

  $33,656

  2022 · TO FURTHER THE ORGANIZATION'S MISSION.

Where these grants went next →

Grants received

• DONORS TRUST INC

  $962,000

  2022 · for general operations

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $588,995

  2023 · For grant recipient's exempt purposes

• DONORS TRUST INC

  $529,200

  2023 · for general operations

• VANGUARD CHARITABLE ENDOWMENT PROGRAM

  $505,000

  2022 · FOR RECIPIENT'S EXEMPT PURPOSE

• VANGUARD CHARITABLE ENDOWMENT PROGRAM

  $390,000

  2023 · FOR RECIPIENT'S EXEMPT PURPOSE

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $359,395

  2022 · For grant recipient's exempt purposes

• CENTER FOR INDEPENDENT THOUGHT INC

  $300,000

  2023 · JT PROJECTJT PROJECCT

• LEADERSHIP INSTITUTE

  $164,000

  2023 · Training Seminars

• DONORS TRUST INC

  $150,000

  2022 · for School Board Member Academy

• DONORS TRUST INC

  $100,000

  2023 · for the School Board Member Academy

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files