Professional Documents
Culture Documents
FreedomWorks Foundation 521526916 2008 052C0CE8Searchable
FreedomWorks Foundation 521526916 2008 052C0CE8Searchable
'
t"'
Form
Return of Organization
990
2008
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung
benefit trust or private foundation)
..... The organ1zat1onmay have to use a copy of this return to satisfy state reporting requirements.
OMB No 1545-0047
Open to Public
ltl$p~n
and ending
D Employer identification
Check ,f
applicable
number
660.
GI
c:::>
"'
-J
:::::,
--,
American
E 2
GI
i; 3
~ 4
: !
s:
Improving
promotion
and
Br1eflydescr1betheorgan1zat1on'sm1ss1onormosts1gn1f1cantact1vrt1es
g
ca
consumers
through
the
the well-being
of
support
of economic
Number of voting members of the governing body (Part VI, line 1a)
Number of independent voting members of the governing body (Part VI, line 1b)
5
6
l--'-3-+--------...,6=4
7a
b
0.
0.
Current Year
Prior Year
GI
:::,
a:
8
10
11
13
g:
15
Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)
Ill
16a Professional fundra1sing fees (Part IX, column (A), line 11e)
8.
~"'
~fJ
~
c:
.....
94 623.
96,728.
4 201 451.
85,623.
126 129.
3,148,660.
1 443
315.
1,595 255.
75,500.
1 739 281.
3 182,596.
1,018 855.
1,594 137.
3,264,892.
<116,232.>
2 521 827.
788 613.
1 733 214.
1,020,940.
17
18
Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25)
19
20
21
Total l1ab1l1t1es
(Part X, line 26)
Net assets or fund balances. Subtract line 21 from line 20
End of Year
Z.z 22
-1.)
908.
), line 4)
)(
a~
"'c:
2,936
14
4 010,100.
12
5
6
7a
7b
Under pe a ,es of e~ury, I declare that I have examined this retum, Including accompanying schedules and statements, and to the best of my knowledge and belief, 1t 1strue, correct,
and com e Deel lion of reparer (ot
than office~ ,s based on all Information of which preparer has any knowledge
Sign
Date
Here
President
Paid
Phoneno .....
May the IRS discuss this return with the preparer shown above? (see 1nstruct1ons)
BJ2001 12-18-08
See
703
893-0300
Dves
0No
LHA For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.
Schedule
O for
Organization
Mission
Statement
Continuation
{;J!;, ~
FreedomWorks
Foundation
52-1526916
~e2
Inc.
(see 1nstruct1ons}
of American
education.
consumers
through
the
promotion
Did the organization undertake any s1gn1f1cantprogram services during the year which were not listed on
the prior Form 990 or 990EZ7
If 'Yes', describe these new services on Schedule 0.
Did the organization cease conducting, or make s1gn1f1cantchanges ,n how 1tconducts, any program services?
If 'Yes', describe these changes on Schedule 0.
Describe the exempt purpose achievements for each of the organ1zat1on'sthree largest program services by expenses.
Section 501 (c)(3) and 501 (c)(4) organizations and section 494 7(a)(1}trusts are required to report the amount of grants and
allocations to others, the total expenses, and revenue, 1fany, for each program service reported.
4a
(Code:
} (Expenses $
69 1 , 029
including grants of $
0Yes
00No
0Yes
00No
) (Revenue $
Federal
and State Campaigns:
Research and education
on reforming
Federal
and state
policies
in areas such as taxation,
social
security,
fiscal
policy,
legal reform,
school choice and other mission-related
issues.
Specifically
in 2008, Freedomworks Foundation
engaged in a
nationwide
campaign to educate
citizens
about the federal
initiatives
to bail out the housing sector.
Specifically,
Freedomworks Foundation
released
an analysis
of the housing crisis
conducted
by a professor
at
the Wharton School,
ran an aggressive
earned media campaign
highlighting
the issues,
and sponsored
a policymaker
seminar examining
the economics of the housing crisis.
4b
(Code:
) (Expenses $
4 70 , 2 6 8
including grants of $
) (Revenue $
Public Affairs:
Research
and education
on Federal
economy by disseminating
information
through print,
and on-line
education.
4c
(Code:
} (Expenses $
2 89 , 72 8
including grants of $
5 35 , 4 3 3
4e
and the
media,
) (Revenue $
4d
regulations
broadcast
economic
policies
) (Revenue $
/()
832002
12-18-08
20300511
739466 FWFoundation
2008.03050
FreedomWorks
Foundation,
In FWFOUNDl
i -
"'I Part
FreedomWorks
Inc.
Foundation,
52-1526916
Page3
Yes
Is the organ1zat1ondescnbed 1nsection 501 (c)(3) or 494 7(a)(1) (other than a pnvate foundation)?
If "Yes," complete Schedule A
Section 501 (c)(4), 501 (c)(5), and 501 (c)(6) organizations. Is the organization subJect to the sect ton 6033(e) notice and
reporting requirement and proxy tax? If "Yes," complete Schedule C, Part II/
Dtd the organ1zat1onmaintain any donor advised funds or any accounts where donors have the nght to provide advice
No
x
x
x
x
on the d1stnbut1onor investment of amounts tn such funds or accounts? If "Yes," complete Schedule D, Part I
Dtd the organ1zat1onreceive or hold a conservation easement, including easements to preserve open space,
the environment, htstonc land areas, or historic structures? If "Yes," complete Schedule D, Part II
Dtd the organ1zat1onma1nta1ncollections of works of art, htstoncal treasures, or other s1m1larassets? If "Yes," complete
Schedule D, Part Ill
Did the organ1zat1onreport an amount In Part X, line 21, serve as a custodian for amounts not listed tn Part X; or provide
credit counseling, debt management, credit repair, or debt negot1at1onservices? If "Yes," complete Schedule D, Part IV
Dtd the organization hold assets tn term, permanent, or quastendowments? If "Yes," complete Schedule D, Part V
10
x
x
10
11
Did the organ1zat1onreport an amount 1nPart X, lines 10, 12, 13, 15, or 25?
If "Yes," complete Schedule D, Parts VI, VII, VII/, IX, or X as app/tcable
12
Dtd the organ1zat1onreceive an audited f1nanc1alstatement for the year for which rt ts completing this return that was
13
prepared tn accordance with GAAP? If "Yes," complete Schedule D, Parts XI, XII, and XIII
Is the organ1zat1ona school as descnbed tn sect ton 170(b)(1)(A)(11)?
If "Yes," complete Schedule E
11
12
13
14a Did the organ1zat1onmaintain an office, employees, or agents outside of the U.S.?
14b
x
x
b Dtd the organ1zat1onhave aggregate revenues or expenses of more than $10,000 from grantmaktng, fundra1s1ng,business,
and program service act1vrt1esoutside the U.S ? If "Yes," complete Schedule
F. Part
14a
15
Did the organ1zat1onreport on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organ1zat1onor entity
located outside the United States? If "Yes," complete Schedule F, Part II
Did the organ1zat1onreport on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to 1nd1v1duals
15
16
located outside the United States? If "Yes," complete Schedule F, Part Ill
17
Did the organ1zat1onreport more than $15,000 on Part IX, column (A), line 11e? If "Yes," complete Schedule G, Part I
16
17
18
Did the organ1zat1onreport more than $15,000 total on Part VIII, lines 1c and Ba? If "Yes," complete Schedule G, Part II
18
19
Did the organ1zat1onreport more than $15,000 on Part VIII, line 9a? If "Yes," complete Schedule G, Part Ill
19
20
21
20
21
22
Did the organ1zat1onreport more than $5,000 on Part IX, column (A), line 2? If "Yes," complete Schedule I, Parts I and Ill
22
23
Dtd the organ1zat1onanswer 'Yes' to Part VII, Section A, questions 3, 4, or 5? If "Yes," complete Schedule J
23
x
X
x
x
x
x
x
24a Dtd the organization have a tax-exempt bond issue wrth an outstanding principal amount of more than $100,000 as of the
last day of the year, that was issued after December 31, 2002? If "Yes," answer questions 24b-24d and complete Schedule K.
24a
If "No", go to question 25
c Dtd the organ1zat1onma1nta1nan escrow account other than a refunding escrow at any time dunng the year to defease
any tax-exempt bonds?
24c
d Dtd the organization act as an 'on behalf of' issuer for bonds outstanding at any time dunng the year?
25a Section 501 (c)(3) and 501 (c)(4) organizations. Dtd the organ1zat1onengage tn an excess benefit transaction with a
disqualified person dunng the year? If "Yes," complete Schedule L, Part I
b Dtd the organ1zat1onbecome aware that rt had engaged tn an excess benefit transaction with a disqualified person from a
pnor year? If "Yes," complete Schedule L, Part I
26
24d
25a
25b
26
27
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or d1squalif1ed
person outstanding as of the end of the organization's tax year? If "Yes," complete Schedule L, Part II
27
24b
b Dtd the organ1zat1oninvest any proceeds of tax-exempt bonds beyond a temporary period exception?
Did the organ1zat1onprovide a grant or other assistance to an officer, director, trustee, key employee, or substantial
contnbutor or to a oerson related to such an tnd1v1dual?If "Yes " comolete Schedule L Part Ill
832003
12-18-08
20300511
739466
FWFoundation
2008.03050
Freedomworks
Foundation,
In FWFOUNDl
_)
52-1526916
Inc.
Paae4
Yes
28
No
Dunng the tax year, d1d any person who 1sa current or former officer, director, trustee, or key employee:
a Have a direct business relat1onsh1pwith the organization (other than as an officer, director, trustee, or employee), or an
indirect business relat1onsh1pthrough ownership of more than 35% 1nanother entity (1nd1v1dually
or collectively with other
person(s) listed 1nPart VII, Section A)? If "Yes," complete Schedule L, Part IV
28a
b Have a family member who had a direct or 1nd1rectbusiness relat1onsh1pwith the organ1zat1on?
If "Yes," complete Schedule L, Part IV
28b
28c
29
x
x
30
31
32
33
c Serve as an officer, director, trustee, key employee, partner, or member of an entity (or a shareholder of a professional
corporation) doing business with the organization? If "Yes," complete Schedule L, Part IV
29
30
Did the organ1zat1onreceive more than $25,000 in non-cash contnbut1ons? If "Yes," complete Schedule M
Did the organ1zat1onreceive contnbut1ons of art, h1stoncal treasures, or other s1m1larassets, or qualified conservation
contributions? If "Yes," complete Schedule M
31
32
Did the organ1zat1onsell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete
Schedule N, Part II
33
Did the organization own 100% of an entity disregarded as separate from the organ1zat1onunder Regulations
sections 301.77012 and 301.77013? If "Yes," complete Schedule R, Part I
34
35
36
34
V.Ima 2
x
x
35
Did the organization make any transfers to an exempt nonchantable related organ1zat1on?
37
V./me
Is any related organization a controlled entity within the meaning of section 512(b)(13)?
V./me 2
36
Did the organization conduct more than 5% of its act1v1t1esthrough an entity that 1snot a related organization
and that 1streated as a partnership for federal income tax purposes? If "Yes " como/ete Schedule R Part VI
37
x
x
832004
12-18-08
20300511
739466
FWFoundation
2008.03050
Freedomworks
Foundation,
In FWFOUNDl
_I
52-1526916
Paoe5
Yes
No
1a Enter the number reported 1nBox 3 of Form 1096, Annual Summary and Transmrttal of
1-1,.,a~-------3=-i
US. Information Returns Enter -0 If not applicable
b Enter the number of Forms W2G included in line 1a Enter O 1fnot applicable
L....1:..:b:........L
_______
c Did the organization comply with backup w1thhold1ngrules for reportable payments to vendors and reportable gaming
(gambling) winnings to prize winners?
O.::.i
1c
2a Enter the number of employees reported on Form W3, Transmrttal of Wage and Tax Statements,
filed for the calendar year ending with or w1th1nthe year covered by this return
b If at least one 1sreported on line 2a, did the organ1zat1onfile all required federal employment tax returns?
2b
Note. If the sum of lines 1a and 2a 1sgreater than 250, you may be required to e-fl/e this return. (see 1nstruct1ons)
3a Ord the organization have unrelated business gross income of $1,000 or more during the year covered by this return?
3a
b If 'Yes,' has rt filed a Form 990T for this year? If "No," provide an explanation m Schedule O
3b
4a At any time during the calendar year, did the organ1zat1onhave an interest 1n,or a signature or other authority over, a
financial account in a foreign country (such as a bank account, securities account, or other financial account)?
4a
5a
5b
x
x
b If 'Yes,' enter the name of the foreign country .....--------------------------See the instructions for exceptions and frllng requirements for Form TD F 9022 .1, Report of Foreign Bank and
F1nanc1alAccounts.
5a Was the organ1zat1ona party to a proh1b1tedtax shelter transaction at any time dunng the tax year?
b Did any taxable party notify the organ1zat1onthat 1twas or 1sa party to a prohibited tax shelter transaction?
c If 'Yes,' to question Sa or Sb, did the organization file Form 8886T, Disclosure by Tax-Exempt Entity Regarding Prohibited
5c
6a
6a Did the organization solicrt any contnbut1ons that were not tax deductible?
b If 'Yes,' did the organ1zat1oninclude with every solicrtat1on an express statement that such contributions or gifts
6b
under section 170(c).
7a
7b
a Did the organ1zat1onprovide goods or services in exchange for any quid pro quo contribution of more than $75?
b If 'Yes, did the organ1zat1onnotify the donor of the value of the goods or services provided?
X
X
c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which It was required
7c
I 1d I
e Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal
7e
benefit contract?
f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?
g For all contributions of qualified intellectual property, did the organization file Form 8899 as required?
7f
7a
h For contnbut1ons of cars, boats, airplanes, and other vehicles, did the organization file a Form 1098C as required?
Section 501 (c)(3) and other sponsoring organizations maintaining donor advised funds and section 509(a)(3)
7h
supporting organizations.
9
10
x
x
x
x
8
maintaining donor advised funds.
9a
b Did the organization make a d1stnbut1onto a donor, donor advisor, or related person?
9b
Enter:
N/ A
x
x
I 1oa I
a ln1t1at1on
fees and caprtal contnbut1ons included on Part VIII, line 12
b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club fac11it1es
11 Section 501 (c)(12) organizations. Enter: N / A
10b
11a
b Gross income from other sources (Do not net amounts due or paid to other sources against
amounts due or received from them.)
'---'-1.:..1::.b_,_
______
12a Section 494 7(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 1nlieu of Form 1041?j
1
N / A I 12b
b If 'Yes' enter the amount of taxexemot interest received or accrued dunno the vear
--i
12a
Form990 (2008)
832005
1218-08
20300511
739466
FWFoundation
2008.03050
Freedomworks
Foundation,
In FWFOUNDl
2ooa
FreedomWorks
Foundation
Inc.
Part VI G~vemance, Management, and Disclosure (Sections A, B, and C request
52-1526916
.JForm990
Pa e6
No
li--:1c::a:...+I------~
1b
I~~~------~
I
Did any officer, director, trustee, or key employee have a family relat1onsh1por a business relat1onsh1pwith any other
officer, director, trustee, or key employee?
Did the organization make any s1gnlf1cantchanges to its organ1zat1onaldocuments since the pnor Form 990 was filed?
Did the organ1zat1onbecome aware dunng the year of a matenal d1vers1onof the organ1zat1on'sassets?
Did the organ1zat1ondelegate control over management duties customarily performed by or under the direct superv1s1on
x
x
x
x
7a Does the organ1zat1onhave members, stockholders, or other persons who may elect one or more members of the
governing body?
8
x
x
7a
b Are any dec1s1onsof the governing body subject to approval by members, stockholders, or other persons?
7b
Did the organization contemporaneously document the meetings held or written actions undertaken during the year
by the following
a The governing body?
8a
8b
x
x
9a
b If 'Yes,' does the organization have written policies and procedures governing the act1v1t1esof such chapters, affll1ates,
9b
and branches to ensure their operations are consistent with those of the organization?
10
Was a copy of the Form 990 provided to the organization's governing body before rt was filed? All organ1zat1onsmust
10
describe in Schedule O the process, 1fany, the organ1zat1onuses to review the Form 990
11
Is there any officer, director or trustee, or key employee listed in Part VII, Section A, who cannot be reached at the
11
oraanizat1on's ma11inaaddress? If "Yes " orov1de the names and addresses m Schedule O
Section B. Policies
Yes
12a Does the organ1zat1onhave a written conflict of interest policy? If "No," go to /me 13
12a
12b
b Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise
to conflicts?
c Does the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," descnbe
12c
13
13
14
14
15
Did the process for determining compensation of the following persons include a review and approval by independent
persons, comparability data, and contemporaneous substant1at1on of the del1berat1onand dec1s1on:
a The organ1zat1on'sCEO, Executive Director, or top management official?
15a
15b
x
x
x
x
x
16a Did the organization invest 1n,contnbute assets to, or part1c1patein a Joint venture or s1m1lararrangement with a
16a
No
b If 'Yes,' has the organ1zat1onadopted a written policy or procedure requmng the organization to evaluate its part1c1pat1on
in
Joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization's
16b
Section C. Disclosure
17
l.Jst the states with which a copy of this Form 990 1srequired to be filed ....AL,
18
Section 6104 requires an organ1zat1onto make its Forms 1023 (or 1024 1fapplicable), 990, and 990T (501 (c)(3)s only) available for
AK, AR, AZ, CA, CO, CT, DE, FL, GA, HI, ID
public inspection. Indicate how you make these available. Check all that apply
IXJAnother's
website
IXJUpon request
Descnbe 1nSchedule O whether (and If so, how), the organ1zat1onmakes rts governing documents, conflict of interest policy, and financial
statements available to the public.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organ1zat1on:.... ___
The
601
Organization
Pennsylvania
~~lW-is
See
- 202-783-3870
Ave.,
NW, N. Bldg.,
Ste 700, Washington,
Schedule
O for full
list
of states
DC
20004
Form 990 (2008)
20300511
739466
FWFoundation
2008.03050
Freedomworks
Foundation,
In
FWFOUNDl
I -
""Form990
Freedomworks
2000
Foundation
52-1526916
Inc.
e7
Pa
Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated
Employees, and Independent Contractors
Section
A.
Employees
1a Complete this table for all persons required to be listed Use Schedule J2 1fadd1t1onalspace IS needed.
List all of the organization's current officers, directors, trustees (whether 1nd1v1dualsor organ1zat1ons), regardless of amount of compensation,
and current key employees. Enter -0 tn columns (D), (E), and (F) 1fno compensation was paid.
List the organ1zat1on's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received
reportable compensation (Box 5 of Form W2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organ1zat1onand any related
organ1zat1ons.
List all of the organ1zat1on's former officers, key employees, and highest compensated employees who received more than $100,000 of
reportable compensation from the organ1zat1onand any related organ1zat1ons
List all of the organization's former directors or trustees that received, tn the capacity as a former director or trustee of the organ1zat1on,
more than $10,000 of reportable compensation from the organization and any related organ1zat1ons
List persons In the following order: tnd1v1dualtrustees or directors; 1nst1tut1onaltrustees; officers; key employees; highest compensated employees;
and former such persons.
Check this box 1fthe oraan1zat1ondid not comoensate anv officer director trustee or key emolovee.
(A)
(B)
(C)
(0)
(E)
(F)
Average
hours
per
week
Posrt1on
(check all that apply)
Reportable
compensation
from
the
organization
(W211099-MISC)
Reportable
compensation
from related
organ1zat1ons
(W-211099MISC)
Estimated
amount of
other
compensation
from the
organization
and related
organ1zat1ons
ii
0
-0
!!
g
1!
0
j1
Matt Kibbe
President
Hon. Richard
K. Armey
Chairman
Ted Abram
Board Member
Forbes
Steve
Board Member
Robert
Lansing
Board Member
Frank Sands
Board Member
Judy Mulcahy
VP of Operations/Treasur
Wayne Brough
VP of Research/Secretary
Mary Byrne
VP of Development
Jaclynne
Brown
Affairs
VP of External
Richard
Walker
Director
OR State
John Jordan
camoaiqn
VP Fed. & State
Kinnan
Chris
Technoloq
VP Interactive
..~
'6
I r
el
:!
HI
23.00
22.00
1.00
o.
0.
0.
1.00
0.
0.
0.
1.00
o.
0.
0.
1.00
0.
0.
0.
157,901.
121,471.
300,000.
250,000.
20,136.
o.
23.00
89,396.
68,770.
18,110.
23.00
80,699.
62,081.
11,895.
23.00
81,450.
62,659.
7,548.
23.00
73,735.
56,723.
15,785.
23.00
65,623.
50,482.
14,927.
23.00
60,792.
46,766.
12,079.
23.00
77,451.
59,582.
8.124.
1!32007 12-18-08
20300511
739466
FWFoundation
2008.03050
Freedomworks
Foundation,
In FWFOUNDl
FreedomWorks
A.
Officers
(A)
Directors
Inc.
Foundation,
Trustees
Page8
(B)
(C)
(D)
(E)
(F)
Average
hours
per
week
Posrt1on
(check all that apply)
Reportable
compensation
from
the
organization
(W2/1099M ISC)
Reportable
compensation
from related
organizations
(W2/1099MISC)
Estimated
amount of
other
compensation
from the
organ1zat1on
and related
organ1zat1ons
"6
l;
"C>
I !!
l!I
i!
i sf l~ J
1 b Total
2
52-1526916
987,047.
778,534.
108,604.
4
5
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on
line 1a? If "Yes," complete Schedule J for such 1nd1v1dua/
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from
the oraan1zat1on.
(A)
Name and business address
Did any person listed on line 1a receive or accrue compensation from any unrelated organ1zat1onfor services rendered to
No
Salem,
(B)
Descnpt1on of services
ILeqal
OR 97301
services
(C)
Compensation
171,000.
Total number of independent contractors ~nclud1ng those in 1) who rece1Vedmore than $100,000 1ncompensation
1
from the oraan1zat1on~
Form 990 (2008)
832008 12-18-08
20300511
739466
FWFoundation
2008.03050
Freedomworks
Foundation,
In FWFOUNDl
I,.
....
111111
I!:,
b Membershrp dues
1b
-E
c Fundrarsrng events
1c
d Related organrzatrons
1d
1e
CJ>O
~~
CJ>.!!!
,te
C0111
.. ...
cu
:so
C'tl
O cu
,S.c
(D)
(A)
(B)
(C)
Total revenue
Related or
exempt functron
revenue
Unrelated
business
revenue
Revenue
excluded from
tax under
sections 512,
513,or514
oc
Page9
1a
1 a Federated campargns
Cc
52 - 1 5 26916
I nc.
2936908.
1f
2,936,908.
Business Code
cu
u
-~ cu
cu::,
2 a
I! cu
...
a.
enc
E~
c,a:
Royalties
~
(i)
Real
85,623.
85,623.
126,129.
126,129.
CrrlPersonal
126,129.
6 a Gross Rents
b Less: rental expenses
c Rental rncome or (loss)
126,129.
~
(11\Other
Ir\ Securrtres
cu
::,
cu
>
cu
a:
...
cu
.c
b
~
b
~
b
~
Business Code
11 a
b
c
d All other revenue
~
Total Revenue.Add
3,148,660.
0.
832009
0.
211,752.
Form990 (2008)
02-02-09
20300511
739466
FWFoundation
2008.03050
Freedomworks
Foundation,
In FWFOUNDl
..
._.,Form~
Freedomworks
2008
Foundation
Inc.
5 2 -15 2 6 9 16
Pa e
10
656,926.
423.932.
31,053.
201,941.
794.672.
486.344.
68,201.
240,127.
12,062.
54,165.
77,430.
7.382.
33,149.
47.387.
224,627.
95,802.
214,172.
58,631.
10
Payroll taxes
11
l, 0 35.
4,649.
6,646.
3,645.
16,367.
23,397.
a Management
b Legal
c Accounting
10,455.
8,220.
28,951.
d Lobbying
e Professionalfundra1smgservices See Part IV, lme 17
f
75,500.
75,500.
g Other
12
13
Office expenses
14
Information technology
15
Royalties
16
Occupancy
17
Travel
18
34,254.
36,407.
53,502.
115,421.
23,463.
33.907.
23,256.
94.996.
20,244.
4.517.
10,743.
2,500.
10,002.
15,908.
406.946.
253,468.
249.245.
171,830.
34,873.
3,524.
122,828.
78,114.
44,348.
18.520.
28,098.
24,106.
17,196.
14.753.
2,411.
2,068.
8,491.
7,285.
77,565.
58,144.
50,480.
26,153.
25,854.
38.962.
3,264,892.
3,626.
34,962.
10,584.
5.403.
15.922.
8,867.
3.422.
4,951.
20,548.
5,772.
257,494.
58,017.
14,315.
36,474.
15,799.
5,306.
19,470.
1,020,940.
48.
20
Interest
21
Payments to affiliates
22
23
Insurance
24
d
e
Miscellaneous
Telecommunications
Printing
Postage
management
Database
a
b
c
25
26
13.720.
1,986,458.
68.
25,760.
rtfollowmg
832010 12-18-08
20300511
739466
FWFoundation
2008.03050
10
Freedomworks
Foundation,
990 (2008)
In FWFOUNDl
Free d omworks
Inc.
Foundation,
52-1526916
Paoe 11
...
"'
~"'
CII
"'
CII
:s
Part II of Schedule L
Notes and loans receivable, net
Inventories for sale or use
Prepaid expenses and deferred charges
Land, buildings, and equipment: cost basis
10a
b Less: accumulated deprec1at1on.Complete
10b
Part VI of Schedule D
11
Investments publicly traded securities
12
Investments other securities. See Part IV, hne 11
13
Investments program-related. See Part IV, hne 11
14
Intangible assets
15 Other assets. See Part IV, hne 11
16 Total assets. Add lines 1 throuah 15 (must eaual hne 34\
17 Accounts payable and accrued expenses
18
19
20
21
22
23
24
25
26
CII
"'
CD
iii
"C
27
28
29
..
:I
LI.
...
"'
~
...
Ill
CII
CII
3
4
892,638.
178.
153,500.
6
7
5,818.
267.206.
1.591.879.
2,739,513.
50.075.
Grants payable
Deferred revenue
Taxexempt bond hab1ht1es
Escrow account hab1l1tyComplete Part IV of Schedule D
Payables to current and former officers, directors, trustees, key employees,
8
9
10c
11
12
13
14
15
16
17
18
19
20
21
7,617.
162,178.
1,305,716.
2,521.827.
"'
"'
1
2
7
8
9
10a
:.J
u
c
830,784.
176.
43,650.
Cash noninterestbeanng
Savings and temporary cash investments
Pledges and grants receivable, net
Accounts receivable, net
Receivables from current and former officers, directors, trustees, key
employees, or other related parties. Complete Part II of Schedule L
Receivables from other d1squahfied persons (as defined under section
4958(f)(1)) and persons described 1nsection 4958(c)(3)(B). Complete
(B)
End of year
30
31
32
33
34
of Schedule L
Secured mortgages and notes payable to unrelated third parties
Unsecured notes and loans payable
Other hab1ht1es.
Complete Part X of Schedule D
Total liabilities. Add lines 17 throuah 25
Organizations that follow SFAS 117, check here ~ [X] and complete
lines 27 through 29, and lines 33 and 34.
Unrestricted net assets
Temporarily restncted net assets
Permanently restncted net assets
Organizations that do not follow SFAS 117, check here ~ Dand
complete lines 30 through 34.
Capital stock or trust principal, or current funds
Pa1d1nor capital surplus, or land, bu1ld1ng,or equipment fund
Retained earnings, endowment, accumulated income, or other funds
Total net assets or fund balances
Total l1ab1l1t1es
and net assets/fund balances
181.726.
231. 801.
872,184.
1.635.528.
2,507.712.
2.739.513.
22
23
24
25
26
27
28
29
30
31
32
33
34
788,613.
788,613.
273,998.
1,459,216.
1,733,214.
2,521,827.
and Reoortina
Yes
[X] Accrual
Other
1 Accounting method used to prepare the Form 990: Dcash
2a Were the organization's f1nanc1alstatements compiled or reviewed by an independent accountant?
b Were the organization's financial statements audited by an independent accountant?
c If 'Yes' to lines 2a or 2b, does the organ1zat1onhave a committee that assumes respons1b1l1tyfor oversight of the audit,
review, or comp1lat1onof Its financial statements and selection of an independent accountant?
3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth In the Single Audit
Act and OMB Circular A133?
b If 'Yes 'd1d the oraan1zat1onunderao the reau1redaudit or audits?
832011 12-18-08
20300511
739466
FWFoundation
2008.03050
11
Freedomworks
Foundation,
2a
2b
2c
No
3a
3b
Form 990 (2008)
In FWFOUNDl
2008
Open 10 Public
.... Attach to Form 990 or Form 990-EZ. .... See separate instructions.
Inspection
Employer identification
Freedomworks
PartJ
OMB No 1545-0047
SCHEDULE A
Foundation
Inc.
number
52-1526916
The organ1zat1on1snot a private foundation because It is: (Please check only one organization.)
3
4
D
D
D
D
1
2
[X]
8
9
D
D
10
11
D
D
By checking this box, I certify that the organization 1snot controlled directly or indirectly by one or more disqualified persons other than
foundation managers and other than one or more publicly supported organizations described In section 509(a)(1) or section 509(a)(2).
If the organization received a written determ1nat1onfrom the IRS that rt IS a Type I, Type II, or Type Ill
A person who directly or indirectly controls, either alone or together with persons descnbed In (IQand ~11)below,
Yes
No
(1i1)Typeof
(v1)Is the
:iv) Is the organization(v) Did you notify the
organization
n col (i) listed m your organizationm col organizationm col
(i)
organized
m the
(describedon Imes1-9 governmgdocument? (I) of your support?
US?
aboveor IRCsection
No
No
Yes
No
Yes
Yes
(see Instructions))
(ii) EIN
(vii) Amount of
support
Total
LHA J:'or Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
832021 12-17-08
20300511
739466
FWFoundation
-----
-------
2008.03050
12
Freedomworks
Foundation,
In FWFOUNDl
ScheduleA
Pc;irl:H
Form990or990E
FreedomWorks
2008
Foundation
Inc.
52-1526916
Pa e2
Sfec1on APbl"S
u
IC
UDDOrt
Id\ 2007
mTotal
lal 2004
(bl 2005
lcl 2006
2611269.
3684002.
4157870.
4010100.
2936908.
17400149.
2611269.
3684002.
4157870.
4010100.
2936908.
17400149.
lel 2008
s ec f ion
BT oa
t IS UDDOrt
6439145.
10961004.
5 from line 4
la) 2004
lb) 2005
(cl 2006
ldl 2007
(el 2008
2611269.
3684002.
4157870.
4010100.
2936908.
17400149.
If) Total
60,745.
145,567.
266,363.
190,851.
211,752.
875,278.
18,312.
6,606.
214.
25,632.
18301059.
500.
12
12
13
First five years. If the Form 990 1sfor the organ1zat1on'sfirst, second, third, fourth, or fifth tax year as a section 501 (c)(3)
organization, check this box and stop here
Section C. Computation
14
Public support percentage for 2008 (line 6, column (f) d1v1dedby line 11, column (f))
14
15
Public support percentage from 2007 Schedule A, Part IVA, line 26f
15
59.89
60.10
16a 33 1/3% support test - 2008. If the organ1zat1ondid not check the box on line 13, and line 14 1s33 1/3% or more, check this box and
stop here. The organ1zat1onqualifies as a publicly supported organization
%
%
.... [XJ
b 33 1/3% support test - 2007. If the organ1zat1ondid not check a box on line 13 or 16a, and Ima 15 1s33 1/3% or more, check this box
and stop here. The organ1zat1onqualifies as a publicly supported organ1zat1on
17a 10% -facts-and-circumstances
....
test - 2008. If the organ1zat1ondid not check a box on line 13, 16a, or 16b, and line 14 1s10% or more,
and If the organ1zat1onmeets the 'factsandc1rcumstances' test, check this box and stop here. Explain in Part IV how the organ1zat1on
meets the 'factsandc1rcumstances' test. The organization qualifies as a publicly supported organization
b 10% -facts-and-circumstances
test - 2007. If the organ1zat1ondid not check a box on line 13, 16a, 16b, or 17a, and Ima 15 1s10% or
more, and If the organization meets the 'factsandc1rcumstances' test, check this box and stop here. Explain 1nPart IV how the
18
organization meets the 'factsandc1rcumstances' test. The organ1zat1onqualifies as a publicly supported organ1zat1on
Private foundation. If the organ1zat1ondid not check a box on line 13 1 16a 1 16b 1 17a, or 17b 1 check this box and see 1nstruct1ons
Schedule A (Form 990 or 990-EZ) 2008
832022
121708
20300511
739466
FWFoundation
2008.03050
13
Freedomworks
Foundation,
In FWFOUNDl
2008
Pa e 3
Com lete onl 1f ou checkedthe box on lme g of Part I
(a) 2004
(b) 2005
le) 2006
Id\ 2007
(e) 2008
(f)
Total
la) 2004
lb) 2005
le) 2006
Id\ 2007
le) 2008
(f)
Total
Public sunnort
/Subtractline7c fromline6 l
s ect1on BT
. ota IS upport
14
First five years. If the Form 990 ISfor the organ1zat1on'sfirst, second, third, fourth, or fifth tax year as a section 501 (c)(3) organ1zat1on,
check this box and stop here
ort Percenta
Public support percentage for 2008 (line 8, column (I) d1v1dedby line 13, column (I))
Public su
rt ercenta e from 2007 Schedule A Part IVA line 27
15
16
Investment income percentage for 2008 (line 1Oc, column (I) d1v1dedby line 13, column (I))
18
Investment income percentage from 2007 Schedule A, Part IVA, line 27h
17
18
19a 33 1/3% support tests - 2008. If the organ1zat1ondid not check the box on line 14, and line 15 1smore than 33 1/3%, and line 17 1snot
more than 33 1/3%, check this box and stop here. The organ1zat1onqual1f1esas a publicly supported organization
b 331/3% support tests - 2007. If the organization d1d not check a box on line 14 or line 19a, and line 16 1smore than 33 1/3%, and
line 18 IS not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organ1zat1on
20 Private foundation. If the organization did not check a box on line 141 19a, or 19b. check this box and see instructions
~D
~D
20300511
739466
FWFoundation
2008.03050
14
Freedomworks
Foundation,
In FWFOUNDl
OMB No 1545-0047
....schedule D
(Form 990)
2008
Opef1. to Pubfic
lnspeqtion
Employer identification
Freedomworks
Part I
Organizations
Foundation
Inc.
number
52-1526916
complete 1fthe
1
2
Did the organ1zat1oninform all donors and donor advisors 1nwnt1ng that the assets held 1ndonor advised funds
are the organ1zat1on'sproperty, subject to the organization's exclusive legal control?
Did the organization inform all grantees, donors, and donor advisors in wnt1ng that grant funds may be used only
for chantable
Part U
1
0No
0Yes
0No
Conservation Easements.
D
D
D
2
ur oses and not for the benefit of the donor or donor advisor or other 1m erm1ss1ble nvate benefit?
Com lete 1fthe organ1zat1onanswered 'Yes' to Form 990, Part IV, line 7.
0Yes
D
D
Complete lines 2a-2d If the organization held a qualified conservation contnbut1on In the form of a conservation easement on the last day
of the tax year.
4
5
6
7
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(8)(1)
0Yes
0No
and section 170(h)(4)(8)(11)?
In Part XIV, descnbe how the organization reports conservation easements 1nrts revenue and expense statement, and balance sheet, and
0Yes
0No
include, 1fapplicable, the text of the footnote to the organ1zat1on'sf1nanc1alstatements that descnbes the organization's accounting for
conservation easements.
IPart IH I Organizations
$ ______
$ ________
_
_
If the organ1zat1onreceived or held works of art, histoncal treasures, or other similar assets for financial gain, provide
the following amounts required to be reported under SFAS 116 relating to these items:
LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
$ ______
$ ________
_
_
832051
12-23-08
20300511
739466
FWFoundation
2008.03050
18
Freedomworks
Foundation,
In FWFOUNDl
ScheduleD
Form990 2008
... Part tH
FreedomWorks
Or anizations Maintainin
Foundation
Inc.
52-1526916
Pa e2
continue
Usrng the organrzatron's accessron and other records, check any of the following that are a srgnrfrcant use of rts collection rtems (check all
that apply)
a
Publrc exhrbrtron
d
Loan or exchange programs
Scholarly research
e
Other
Preservation for future generatrons
4
Provrde a descnptron of the organrzatron's collections and explarn how they further the organrzatron's exempt purpose rn Part XIV.
5 Dunng the year, drd the organrzatron solicrt or recerve donations of art, hrstoncal treasures, or other srmrlar assets
to be sold to rarse funds rather than to be marntarned as art of the or anrzatron's collection?
Yes
Part IV Trust, Escrow and Custodial Arrangements. Complete rf organrzatron answered 'Yes' to Form 990, Part IV, lrne 9, or
reported an amount on Form 990, Part X, line 21.
b
c
~~~~~~~~~~~~~~~~~~~~~~~
1a Is the organrzatron an agent, trustee, custodran or other rntermedrary for contnbutrons or other assets not included
on Form 990, Part X?
0Yes
0No
No
b If 'Yes,' explarn the arrangement rn Part XIV and complete the followrng table:
Amount
c Begrnnrng balance
1c
1d
1e
1f
0No
0Yes
by:
(i) unrelated organrzatrons
(ii) related organrzatrons
b If 'Yes' to 3a(rr),are the related organrzatrons listed as requrred on Schedule R?
Descnbe rn Part XV
I the intended uses of t he oraanrzatron sen d owment f und s.
4
I Part VI I Investments - Land, Buildings, and Equipment. See Form 990, Part x. lrne 1o.
Descrrptron of investment
No
3alil
3a(iil
3b
(c) Deprecratron
1a Land
b Burldrngs
c Leasehold rmprovements
d Equrpment
e Other
Total. Add lrnes 1a1e. (Column (di should eaual Form 990 Part X column fRI /me 10(cl I
....
832052
122308
20300511
739466
FWFoundation
2008.03050
19
Freedomworks
Foundation,
In FWFOUNDl
..
FreedomWor k s Foundation,
Inc.
52-1526916
Paae3
x. line 12.
l,305,716.
End-of-Year
Market
Value
Other
Total. ICol lb\ should eaual Form 990 Part X col IB\ line 12 \ ...
I Part
1,305,716.
line 13.
(c) Method of valuation:
Cost or end-ofyear market value
Total. ICol lb\ should eaual Form 990 Part X col IB\ line 13 l ...
Other Assets. See Form 990, Part X, line 15.
(a) Descnpt1on
I Part IX I
...
Total. (Column fbl should eoual Form 990 Part X co/ fBJ /me 15 J
X Other Liabilities. See Form 990, Part X, line 25.
(a) Description of l1ab11ity
I Part
(b) Amount
Due to
related
oroanization
788,613.
Total. tColumn fbl should eoual Form 990 Part X co/ fBI /me 25)
...
788,613
In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organ1zat1on'sl1ab1l1ty
for uncertain tax positions
under FIN 48.
832053
1223-08
20300511
739466
FWFoundation
2008.03050
20
Freedomworks
Foundation,
In FWFOUNDl
Freedomworks
Foundation,
Inc.
52-1526916
Total revenue (Form 990, Part VIII, column (A}, line 12}
TQtal expenses (Form 990, Part IX, column (A}, line 25}
3
4
3
4
5
6
7
8
9
10
Paae4
3,148,660.
3,264,892.
<116,232.
<658,266.
>
>
<658,266.
<774,498.
>
>
5
6
7
8
Excess or (deficit) for the vear oer f1nanc1alstatements. Combine Jines3 and 9
10
I Part XH I Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1
2
2b
2c
2d
2a
<658,266.
Amounts included on Form 990, Part VIII, line 12, but not on line 1:
4b
3,148,660.
Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of fac1llt1es
3,264,892.
2a
2b
2c
2d
o.
2e
3,264,892.
Amounts included on Form 990, Part IX, line 25, but not on line 1
I 4a I
4b
o.
4c
3
4
>
I 4a I
Total revenue. Add lines 3 and 4c. <Thisshould eaual Form 990 Part I line 12.l
I Part XlHIReconciliation
2
<658,266.
3,148,660.
>
2e
2,490,394.
Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments
b Donated services and use of fac11it1es
0.
4c
Total exoenses. Add Jines 3 and 4c. <Thisshould eaual Form 990 Part I line 18.l
I Part XJVISupplemental
3,264,892.
Information
Complete this part to provide the descnpt1ons required for Part JI,lines 3, 5, and 9, Part Ill, lines 1a and 4; Part JV,lines 1band 2b; Part V, line 4; Part
X; Part XI, line 8, Part XII, Jines2d and 4b, and Part XIII, lines 2d and 4b.
20300511
739466
FWFoundation
2008.03050
21
Freedomworks
Foundation,
In FWFOUNDl
2008
Opell ToPu~Ue
Inspection
Employer identification
Freedomworks
Part I
OMB No 1545-0047
,....
SCHEDULE G
Fundraising Activities.
Foundation
Inc.
number
52-1526916
Complete If the organ1zat1onanswered 'Yes' to Form 990, Part IV, line 17.
1 Indicate whether the organization raised funds through any of the following act1v1t1es.Check all that apply.
e [X] Solicltat1on of non-government grants
a [X] Mail solic1tat1ons
f
Solic1tat1onof government grants
b [X] Email sol1c1tat1ons
g
Special fundra1s1ngevents
c [X] Phone solicitations
d [X] In-person solicltat1ons
2 a Did the organ1zat1onhave a written or oral agreement with any 1nd1vidual(1nclud1ngofficers, directors, trustees or
[X] Yes
key employees listed 1nForm 990, Part VII) or entity in connection with professional fundra1s1ngservices?
b If 'Yes,' list the ten highest paid 1nd1v1duals
or ent1t1es(fundra1sers)pursuant to agreements under which the fundra1ser 1sto be
compensated at least $5,000 by the organ1zat1on.Form 990EZ filers are not required to complete this table.
D
D
(iii) Did
(ii) Activity
contnbut1ons?
Fundraisinq
Solutions
!Professional
fundraisinq
Yes
0No
No
1,510,000.
75,500.
1.434.500.
1,510,000.
75,500.
1,434,500.
Total
List all states In which the organization 1sregistered or licensed to solicit funds or has been notified 1t1sexempt from reg1strat1onor l1cens1ng.
AL,AK,AR,AZ,CA,CO,CT,DE,FL,GA,HI,ID,IL,IN,IA,KS,KY,LA,ME,MD,MA,MI,MN,MS,MO
MT,NE,NH,NJ,NM,NY,NC,ND,OH,OK,PA,RI,SC,SD,TX,UT,VT,VA,WA,WV,WI,WY,NV,TN
LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
832081 12-18-08
20300511
739466
FWFoundation
-------
2008.03050
22
Freedomworks
Foundation,
In FWFOUNDl
-t Schedule G Form990or990E
"
2008
Freedomworks
Foundation
Inc.
52-1526916
Pa e2
Complete 1fthe organ1zat1onanswered 'Yes' to Form 990, Part IV, line 18, or reported more than $15,000
on Form 990EZ, line 6a. LJst events with gross receipts greater than $5,000.
(a) Event #1
(b) Event #2
Q)
(event type)
col (c))
(total number)
::,
c
Q)
>
Q)
a:
Ul
Q)
Gross receipts
Cash pnzes
Noncash pnzes
RenVfac11itycosts
~
Net income summarv. Combine lines 3 and 8 In column Cd)
Complete 1fthe organization answered 'Yes' to Form 990, Part IV, line 19, or reported more than
Ul
c
Q)
c.
iri
ti
c5
I Pert UI I Gaming.
(a) Bingo
Q)
::,
Q)
ai
a:
Ul
Gross revenue
Cash prizes
Noncash pnzes
RenVfac1lrty costs
Volunteer labor
Q)
Ul
c
Q)
c.
iri
ti
c5
Dves
% Dves
0No
0No
% Dves
0No
)
Yes
9
No
b If 'No,' Explain:
10a
10a Were any of the organ1zat1on'sgaming licenses revoked, suspended or terminated dunng the tax year?
b If 'Yes,' Explain:
11
11
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity formed to
12
20300511
739466
FWFoundation
2008.03050
23
Freedomworks
Foundation,
In FWFOUNDl
52 - 1526916
I nc.
14
Paae3
Yes No
13a
13b
%
%
Provide the name and address of the person who prepares the organization's gaming/special events books and records:
Name ....
Address ....
15a Does the organ1zat1onhave a contract with a third party from whom the organ1zat1onreceives gaming revenue?
b If 'Yes,' enter the amount of gaming revenue received by the organization .... $
of gaming revenue retained by the third party .... $
15a
D
17
Director/officer
Employee
Independent contractor
Mandatory d1stnbut1ons:
a Is the organ1zat1onrequired under state law to make charitable d1stnbut1onsfrom the gaming proceeds to
17a
832083 12-18-08
20300511
739466
FWFoundation
2008.03050
24
Freedomworks
Foundation,
In FWFOUNDl
OMB No 1545-0047
Compensation Information
...._1SCHEDULE J
(Form 990)_
2008
Foundation,
Jnspection
Freedomworks
()pen to Public
Inc.
Employer identification
number
52-1526916
Yes
No
1a Check the appropnate box(es) If the organization provided any of the following to or for a person listed in Form 990,
Part VII, Section A, line 1a. Complete Part Ill to provide any relevant 1nformat1onregarding these items.
[XJ
D
D
D
D
D
D
D
b If line 1a ts checked, did the organization follow a wntten policy regarding payment or reimbursement or prov1s1on
of all of the expenses described above? If 'No,' complete Part Ill to explain
1b
Did the organization require substant1at1on prior to re1mburs1ngor allowing expenses incurred by all officers, directors,
trustees, and the CEO/Executive Director, regarding the items checked In line 1a?
Indicate which, 1fany, of the following the organization uses to establish the compensation of the organization's
CEO/Executive Director Check all that apply.
[XJ
Compensation committee
[XJ
00
00
During the year, dtd any person listed 1nForm 990, Part VII, Section A, line 1a:
4a
4b
4c
x
x
x
If 'Yes' to any of lines 4ac, list the persons and provide the applicable amounts for each item in Part Ill.
Only 501 (c)(3) and 501 (c)(4) organizations
For persons listed 1nForm 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation
contingent on the revenues of
x
x
5a
a The organization?
5b
6b
x
x
6a
Were any amounts reported in Form 990, Part VII, paid or accrued pursuant to a contract that was subJect to the
1nit1alcontract exceot1on descnbed in Reas. section S3.495841all3l? If 'Yes 'descnbe
LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions
in Part Ill
832111
12-23-08
20300511
739466
FWFoundation
2008.03050
25
Freedomworks
Foundation,
-------------
In FWFOUNDl
-
--
--
t--4_
Schedule J (Form 990) 2008
Part
U l Officers,
FreedomWorks
Foundation,
Inc.
52-1526916
Page 2
For each 1nd1v1dualwhose compensation must be reported m Schedule J, report compensation from the organ1zat1onon row
Do not list any 1nd1v1dualsthat are not listed on Form 990, Part VII.
0)and from
Note. The sum of columns (B)(iH1Q must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.
(B) Breakdown of W-2 and/or 1099-MISC compensation
(i) Base
compensation
(A) Name
(i)
Matt Kibbe
(ii)
(i)
Hon. Richard
K. Armev
{iii
(i)
Judy Mulcahy
(ii)
(i)
Wayne Brouqh
{iii
Marv Byrne
(i)
{ii)
151,980.
116,916.
272,727.
227,273.
80,918.
62,248.
80,699.
62,081.
81,450.
62,659.
(iii) Other
compensation
0.
0.
27,273.
22,727.
8,478.
6,522.
0.
0.
0.
0.
5, 921.
4,555.
0.
0.
0.
o.
o.
o.
0.
0.
(C)
Deferred
compensation
5,104.
3,927.
0.
0.
3,024.
2,326.
2,357.
1,814.
956.
736.
(D)
Nontaxable
benefits
6,277.
4,828.
0.
0.
7,212.
5,548.
4,366.
3,358.
3,310.
2,546.
(E)
Total of columns
(B)(Q-(D)
169,282.
130,226.
300,000.
250,000.
99,632.
76,644.
87,422.
67,253.
85,716.
65,941.
(F)
Compensation
reported 1npnor
Form 990 or
Form 990-EZ
0.
o.
o.
o.
o.
o.
0.
o.
o.
0.
(i)
{ii)
(i)
(ii)
(i)
{iii
(i)
(ii)
(i)
{iii
(i)
{iii
(i)
{iii
(i)
(ii)
(i)
{ii)
(i)
{iii
(i)
{ii)
26
...r'
OMB No 1545-0047
SCHEDULE L
2008
Open T-oPt.ibtic
lnspectlon
Employer identification
Freedornworks
Part I
Inc.
number
52-1526916
Excess Benefit Transactions (section 501 (c)(3) and section 501 (c)(4) organizations only).
T0 b e como1e
I t ed b>V oroanizat1ons t hat answere d 'Y es ' on Form 990 Part IV I1ne2 Sa or 25 b or Form9 90EZ Part V fine 40b.
(c) Corrected?
(a) Name of d1squallf1edperson
(b) Description of transaction
Yes
No
Foundation
Enter the amount of tax imposed on the organization managers or d1squahf1edpersons during the year under
.... $ -------.... $ --------
section 4958
3 Enter the amount of tax, 1fany, on hne 2, above, reimbursed by the organization
!Parl.11j
Yes
From
(f) Approved
by board or
committee?
No
Yes
(e) In
default?
No
(g) Wntten
agreement?
Yes
No
.... $
Total
Hon.
Richard
K. Armey
Board
(c) Amount of
transaction
Chairman
300,000.
LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
(d) Descnpt1on of
transaction
Consultinq
(e) Shanng of
organization's
revenues?
Yes
No
832131 12-17-08
20300511
739466
FWFoundation
2008.03050
27
Freedomworks
Foundation,
In FWFOUNDl
.._~fSCHEDULE O
(Form 990)
OMB No 1545-0047
2008
Open to Public
Inspection
Employer identification
FreedomWorks
Form 990,
Part
I,
Line
Part
III,
1,
Foundation
Inc.
Description
number
52-1526916
of Organization
Mission:
education.
Form 990,
Other
Core
Programs:
consumer-focused
both
and
Part
the
senior
staff
the
990 is
received,
it
first.
board
Section
is
then
audit
sent
committee
for
the
preparer.
Treasurer
sign
the
completed
Form 990,
Part
VI,
Section
annually
by the
and employees
shall
between
own individual
their
Foundation.
the
If
Secretary
such
attempting
to
matter
been
has
disclose
exert
any
reviewed
O.
including,
of
the
members
and
B, Line
12c:
of
influence
then
made,
with
the
the
the
filing.
of
director
relationship
on FreedomWorks
to
When
& Tryon
counsel
compiled
President
review
and
and
and
IRS.
and
Secretary
and those
exist,
such
are
and employees.
to
to
general
Governance
Directors
annually
of
file
prior
outside
are
O.
and Tate
The comments
edits
in
regulation,
Revenue$
The copy
return
does
notice
and research
and environment.
staff,
interests
conflict
written
senior
After
Board
markets
committee
review.
with
education
of$
10:
promoting
Operations/Treasurer
to
discussed
signed
grants
VP of
at
and energy
A, line
the
aimed
economic
including
Services:
through
reform
and board
It
audit
policies
legal
VI,
Program
programs
international
535433.
Form 990,
Other
Various
research,
Expenses$
4d,
economic
domestic
strategy,
Line
Ethics
Policy
Board
of
any direct
is
directors
conflict
Freedomworks
or
and
employee
shall
shall
refrain
Foundation
until
provide
from
the
and resolved.
LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
832211
12-18-08
20300511
739466
FWFoundation
2008.03050
28
Freedomworks
Foundation,
In FWFOUNDl
...
.._t' SCHEDULE O
OMB No 1545-0047
(Form 990)
2008
Open to Public
tfflipecwn
Freedomworks
Form
990,
Part
VI,
a compensation
counsel
and
information
is
semi-annual
Board
compensation
for
The process
of
the
Form
other
DC-based
presented
to
the
to
the
obtained
List
includes
completion
from
outside
our
similar
This
general
budgets.
committee
on.
of
at
This
process
includes
and Chairman.
compensation
17,
with
and vote
determined
Line
The process
compensation
CEO, Treasurer,
is
52-1526916
non-profits
discuss
determining
VI,
15:
on information
meeting
organization
Part
B, Line
Inc.
based
of
then
for
990,
Section
study
990's
Foundation
of
by the
of
other
officers
or
key employees
President.
States
receiving
copy
of Form 990:
AL,AK,AR,AZ,CA,CO,CT,DE,FL,GA,HI,ID,IL,IN,IA,KS,KY,LA,ME,MD,MA,MI,MN,MS,MO
MT,NE,NH,NJ,NM,NY,NC,ND,OH,OK,OR,PA,RI,SC,SD,TX,UT,VT,VA,WA,WV,WI,WY,NV,TN
Form
990,
Part
following
conflict
Form
documents
of
990,
Part
990,
XI,
of
Part
for
policy
for
selection
C, Line
available
Line
Foundation
responsibility
Form
Section
interest
Freedomworks
and
VI,
and
Freedomworks
public
financial
Foundation
inspection:
makes
governing
all
documents,
statements.
2C:
has
an audit
oversight
of
an independent
VII,
19:
Section
the
cornrnrnittee
audit
of
its
that
assumes
financial
statements
accountant.
A, Column
B:
LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
832211
12-18-08
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739466
FWFoundation
2008.03050
29
Freedomworks
Foundation,
In FWFOUNDl
'\
'
._f SCHEDULE O
OMB No 1545-0047
(Form 990)
2008
to Public
Inspection
Opefl
Employer identification
Freedomworks
Average
Hours
Per
Foundation
Week on Related
Richard
Matt
Kibbe,
Judy
Mulcahy,
VP of
Operations/Treasurer,
Wayne Brough,
VP of
Research/Secretary,
Jaclynne
Richard
John
Chris
President,
VP of
Brown,
Walker,
Jordan,
Kinnan,
Chairman,
17 hours
Development,
VP of External
OR State
VP of
VP of
Fed.
18 hours
per
Interactive
per
week
week
17 hours
17 hours
17 hours
per
Affairs,
17 hours
Director,
& State
number
52-1526916
Organization
Hon.
Mary Byrne,
K. Armey,
Inc.
17 hours
Campaigns,
Technologies,
LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions
per
week
per
week
per
week
week
per
week
17 hours
per
17 hours
week
per
week
832211
1218-08
20300511
739466
FWFoundation
2008.03050
30
Freedomworks
Foundation,
In FWFOUNDl
1!'
OMB No-1_54~0047
SCHEDULER
(Form 9901
Freedomworks
i
Foundationt
Inc.
52-1526916
(Bl
Pnmary activity
(Cl
(Dl
(E)
(Fl
Legal dom1c1le(state or
Total income
End-of-year assets
Direct controlling
entity
foreign country)
(Bl
Pnmary activity
FreedomWorks
Inc.
601 Pennsylvania
Washington
DC
foreign country)
- 52-1349353
Ave.
20004
NW
N. Bldg
(Cl
Legal dom1c1le(state or
Public
Ste
700
policy,
educational
hat
supports
advocacy
(0)
(E)
(F)
Exempt Code
section
Public chanty
status (If section
501(c)(3))
Direct controlling
entity
and
organization
consumers
~istrict
LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
832161
12-23-08
lnspe<;1lon
Part It
()pelf to Pubtic
Part
2008
.... Attach to Form 990. To be completed by organizations that answered "Yes" to Form 990, Part IV, lines 33, 34, 35, 36, or 37.
.... See separate instructions.
31
of Columbia
i501(c)(4)
N/A
..
.,,.
....
FreedornWorks
ScheduleR(Form990)200B
Part IU
Inc.
52-1526916
'""...;,.
Page2
(8)
Part IV
Foundation,
Pnmary act1v1ty
(C)
(E)
(F)
(G)
Predominant income
(related, investment,
unrelated)
Share of total
income
Share of
end-of-year
assets
(D)
(H)
(I)
(J)
General or
D1sproport1onCodeV-UBI
managing
11te
allocabons?amount in box
20 of Schedule ~~
Yes No K-1 (Form 1065) !Yes No
832162 12-23-08
(8)
(C)
Pnmary act1v1ty
(D)
32
(E)
(F)
(G)
(H)
Type of entity
(C corp, S corp,
or trust)
Share of total
income
Share of
end-of-year
assets
Percentage
ownership
"'-~FreedomWorks
ScheduleR(Form990)200B
PcITTV
Transactions
Foundation,
Inc.
..
52-1526916
Page3..,;,.
Note. Complete line 1 If any entity 1slisted in Parts II, Ill, or IV.
Dunng the tax year, did the organ1zat1on engage in any of the following transactions with one or more related organ1zat1ons listed in Parts II-JV?
a Receipt of (i) interest (ii) annu1t1es (iii) royalties (iv) rent from a controlled entity
1a
1b
1c
1d
1e
1a
h Exchange of assets
1h
1i
1i
11
1m
1n
1o
1D
1a
1r
.. -----
- ..
. -
-- .
x
x
x
x
1k
--
......
-- -- ..
. ... -
...
-- ..
.. -
. .....
x
x
x
x
(Cl
<72,051.>
Inc.
,21 Freedomworks,
Inc.
1,199,656.
Inc.
1,295,256.
'
t31
Freedomworks,
Amount involved
FreedomWorks,
111
x
x
x
....
(B)
Transaction
tvoe (a-rl
(A)
Name of other organizat1on(s)
No
x
x
x
x
x
11
141
151
161
832163 12-23-08
33
..
...
ScheduleR(Form990)2008
Part; Vf
FreedornWorks
Unrelated Organizations
Foundation,
Inc.
'
Page4 ~
52-1526916
Taxable as a Partnership
Provide the following information for each entity taxed as a partnership through which the organ1zat1onconducted more than five percent of Its act1v1t1es(measured by total assets or gross revenue)
that was not a related organ1zat1on See 1nstruct1ons regarding exclusion for certain investment partnerships
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Pnmary activity
Legal dom1c1le
(state or foreign
country)
D1sproportronate
allocabons?
CodeV-UBI
amount in box 20
of Schedule K-1
(Form 1065)
General or
managing
oartner?
organ1zat1ons?
Yes
No
Yes
No
Yes
No
34