Return of Organization

990..

Form

Internal Revenue Service

A For the 2006 calendaryear, or tax year beginning

Check ,1
appllcable

f"ulAddress
LA.Jchange

Please
use IRS

label or
pnntor
t~:

;~~In

t,ons

D Employeridentificationnumber

C Nameof organization

F ree d omWor k s Foun d a ti.on

,

Inc.

-~W-----'-a_s~h~i_n-L~at~o_n-=-~~D~C~
__2_0_0_0_4
__________

D~~ded

52-1526916
Room/suite ETelephonenumber

700

Section501(c)(3)organizationsand 4947(a)(1)nonexemptcharitabletrusts
must attacha completedScheduleA (Form990 or 990-EZ).

202-783-3870
F AccounMg
method

----,
______

.......

D~~~~:;~0n

Opento Public
Inspection

and ending

Numberand street(or P.O.box 1fma1l1snot deliveredto streetaddress)

D~
Di~\~~~
spec,fic601Pennsvlvania
Avenue
NW N. Buildin
Caty
or
town,
state
or
country,
and
ZIP+
4
D
change

2006

Undersection501(c), 527, or 4947(a)(1)of the InternalRevenueCode(exceptblack lung

benefittrust or privatefoundation)
.... Theorganizationmayhaveto usea copyof this returnto satisfystatereportingrequirements.

Departmm,t of the Treasury

OMB No 1545-0047

Exempt From Income Tax

Cash LA.J
rui Accrual

........
~D~~P=J~h:~,fy~)1~
....--------

Hand I are not appltcable to section 527 organizations

H(a) Is this a groupreturnfor aftlhates? Dves
[xJ No

~G~W_e-=-bs=it=e.,_,:
...,."---'www-'--'-'--'-'-'"'-f=r'--'e~e=-=d=-co""m=='w'--'o=--'r=k~s~.
~o~r~a.._,_
___ ==-----==---l
H(b) If "Yes; enternumberof aff1hates..,. N/A
J Organizationtype (check
onlyone).... [xJ 501(c)( 3
) .....<1nsert no l D 4947(a)(1)or
527 H(c) Are all aff1hates
included? N / A Dves
No
K Checkhere ....
11the organization1snot a 509(a)(3)supportingorganization
and its gross
(If 'No,' attacha hst.)
H(d) Is this a separatereturnfiled by an organizationcoveredby a groupruhng? D Yes [xJ No
receiptsarenormallynot morethan$25,000.A return1snot required,but 1fthe organization
choosesto Ille a return,be sureto Ille a completereturn.
Number....
NI A
I GrouoExemot1on
M Check....
11the organization1snot requiredto attach
L Grossreceipts:Add Imes6b, 8b, 9b, and 10bto lme12....
4 , 424 , 447
Sch.B (Form990,990-EZ,or 990-PF).

I Part

11 Revenue, Expenses, and Changes in Net Assets or Fund Balances

1

Contributions,gifts, grants,ands1m1lar
amountsreceived:
a Contributionsto donoradvisedfunds
b Directpubhcsupport(not includedon lme1a)

1a
1b

4 157.870.

c Indirectpubhcsupport(not includedon lme 1a)

1--1~c-+-----------i
d Government
contributions(grants)(not includedon line 1a)
..._1'-"d'"-'------------i
e Total (addImes1athrough 1d)(cash$
1 , 6 5 0 , 9 3 7 noncash$
2 , 506 , 93 3 )
2
Programservicerevenuemcludmggovernmentfeesand contracts(from PartVII, lme93)
3
Membershipduesandassessments
4
Intereston savingsand temporarycashinvestments
5
D1v1dends
and interestfrom securities
6 a Grossrents
See Statement
1
6a
193.591.
b Less:rentalexpenses
6b
c Netrentalincomeor (loss).Subtractlme6b from lme6a
)
7
Otherinvestmentincome(describe....
B a Grossamountfrom salesof assetsother
(Al Secunt1es
(Bl Other
than inventory
Ba
b Less:cost or otherbasisand salesexpenses
Bb
c Gainor (loss)(attachschedule)
Be
d Netgamor (loss).CombinelmeBe,columns(A) and (B)
9
Specialeventsand act1v1t1es
(attachschedule).If any amount1sfrom gaming,checkhere ....
a Grossrevenue
(notmcludmg
S
ol contnbubons
reported
onlme1b)
ll--'9'-"a'-.+-1
_______
__

G)

::s
c:
~
G)

a:
~

~
Ci"'-!

v=-1

v=-1

~
~
==.i

b
c
10 a
b
c
11
12
13
UI
14
51
c:
G)
c. 15
>< 16
w
17
18
UI
-a;li 19

z:ll
c:c 20
21
623001
01-18-07

Less:directexpensesotherthanfundraasmg
expenses
~9~b~-----------<
Netincomeor (loss) from specialevents.Subtractlme9b from line9a
Grosssalesof inventory,lessreturnsandallowances
1oa
Less:cost of goodssold
10b
Grossprofit or (loss) from salesof inventory(attachschedule).Subtractlme 10bfrom lme 10a
Otherrevenue(from PartVII, line 103)
,--- -Ca;\
Total revenue.Add Imes1e 2 3 4 5 6c 7 8d 0 - \\
,.... = .. . ~;::re-,
Programservices(from line44, column(8))
1
\K'C.\JL-I"
,,_ ..... _r 1~
1
Management
and general(from lme44, column(';-)) \

ol

LHA

Statement

739466

FWFoundation

2006.05050

FreedomWorks

72 772.
193 591.

6c

Bd

10c
11
12
13
14
15
16
17
18
19
20
21

4.424
2.284
618
609

214.
447.
896.
017.
334.

3 512
912
450
137
1. 500

247.
200.
540.
283.
023.

t '-'l'\ l;:JS

For PrivacyAct and PaperworkReductionAct Notice,seethe separateinstructions.

990 (2006)

12170502

870.

9c

Fundra1smg
(from line 44, column(D))
m ~'{ 0 2007 ci>
Paymentsto aff1l1ates
(attachschedule)
~
"
Q:
Total exoenses.Add hnes16 and44 column!Al
" a"V" 1!...
111
Yi'\l., v"
J
Excessor (deficit)for theyear.Subtractline 17 fro lme f~,2}({._i
Netassetsor fund balancesat beginningof year(fromime , J, column(A))
Otherchangesm netassetsor fund balances(attachexplanation)
See
Netassetsor fund balancesat endof year.Combmehnes18, 19,and20

4.157

1e
2
3
4
5

Foundation,

In FWFOUNDl

FreedomWorks

Form 990 2006

Part II

Statement of
Functional Expenses

Foundation

Inc.

52-1526916

Pa

e2

All organizationsmust completecolumn(A). Columns(B), (C),and (D) are requiredfor section501(c)(3)

and (4) organizationsand section4947(a)(1)nonexemptcharitabletrusts but optionalfor others.

Do not include amounts reported on /me

6b, Bb, 9b, 10b, or 16 of Part I.

(B) Program
services

(A) Total

(C) Management
and general

(D) Fundra1smg

22a Grants paid from donor advised funds

(attach schedule)

0 noncash

(cash $

0.

If this amount includes foreign grants, check here

~D

22a

22b Other grants and allocations (attach schedule

0 noncash

(cash $

0.

If this amount includes foreign grants, check. here

.....

(attach
23 Spec1f1cassistance to 1nd1v1duals
schedule)
24 Benefits paid to or for members (attach
schedule)
25a Compensationof currentofficers,directors,key
employees,etc. listedm PartV-A St.mt 4

22b
23
24

25a
b Compensationof former officers,directors,key
employees,etc. listedm PartV-B
25b
c Compensationand other d1stnbut1ons,
not included
above,to d1squalif1ed
persons(as definedunder
section4958(1)(1))and personsdescribedm
section4958(c)(3)(B)
25c
26 Salaries and wages of employees not
included on lines 25a, b, and c
26
27 Pension plan contributions not included on
lines 25a, b, and c
27
28 Employee benefits not included on hnes

28
25a 27
29 Payroll taxes
29
30
30 Professional fundra1sing fees
31 Accounting fees
31
32 Legal fees
32
33 Supplies
33
34 Telephone
34
35 Postage and sh1pp1ng
35
36 Occupancy
36
37 Equipment rental and maintenance
37
38
38 Printing and pubhcat1ons
39 Travel
39
40 Conferences, conventions, and meetings
40
41 Interest
41
42 Deprec1at1on,depletion, etc. (attachschedule) 42
43 Other expenses not covered above (1tem1ze)
a
43a
b
43b
43c
c
43d
d
e
43e
f
43f

760,835.

166 835.

418.604.
0.

0.

175 396.

o.

0.

664,547.

57 364.

72 204.

24,788.

17,621.

3 329.

3 838.

86,541.
76 316.

58,104.
45.580.

12 857.
14 560.

15 580.
16 176.

42.731.
270 174.
14,006.
47 803.
29 193.
414 659.
15,241.
43 915.
339 857.
50 918.

242.072.
4.965.
29.519.
6.696.
247.716.
9,567.
23.674.
222.660.
13,961.

25 232.

15.071.

794 115.

42
28
7
9
3
79
2
2
41

731.
102.
300.
970.
539.
056.
687.
273.
774.
838.

1 741.
8 314.
18 958.
87.887.
2 987.
17 968.
75 423.
36 119.

4,812.

264,539.
g See Statement
3
43a
475 923.
139 990.
44 Total functional expenses.Add Imes22a through
43g. (Organizationscompletingcolumns(B)-(D),
carry thesetotalsto Imes13-15)
44
618 017.
2 284.896.
3 512.247.
Joint Costs. Check ~
1fyou are following SOP 982.
sohc1tat1on
reportedm (B) Programservices?
~
Are any Jointcosts from a combinededucationalcampaignand fundra1smg
If "Yes,"enter(i) the aggregateamountof theseJointcosts$
N /A
; (ii)the amountallocatedto Programservices$ __
(iiilthe amountallocatedto Managementand general$
N /A
: and (iv) the amountallocatedto Fundra1smg
$

5 349.

71 394.
609 334.

Yes [xJ No
--=.N::.../c....:A=-=---N /A

12170502

739466

FWFoundation

2006.05050

FreedomWorks

Foundation,

In FWFOUNDl

FreedomWorks

Form 990 2006

Part Ill

Statement

Foundation

of Program Service Accomplishments

Inc.

52-1526916

Pa

e3

(See the mstruct,ons.)

Form 900 1savailable for public 1nspect1onand, for some people, serves as the primary or sole source of information about a particular organization
How the public perceives an organization in such cases may be determined by the 1nformat1onpresented on its return. Therefore, please make sure the
return 1scomplete and accurate and fully describes, 1nPart Ill, the organization's programs and accomplishments.
What 1sthe organization's primary exempt purpose?

See

Statement

ProgramService
Expenses
(Requiredfor 501(c)(3)
and (4) orgs., and
4947(a)(1)trusts; but
optionalfor others.)

All organizations must describe their exempt purpose achievements in a clear and concise manner. State the number of
clients served, publications issued, etc Discuss achievements that are not measurable. (Section 501(c)(3) and (4)
organizations and 4947(a)(1) nonexempt charitable trusts must also enter the amount of grants and allocations to others)

a Federal
reformina
taxation
reform,

and State
Federal
social
and other

(Grants and allocations

Camoaians:
Research
on
& education
and state
oolicies
in areas
such as
securitv.
soendina
oolicv
litiaation
mission-related
issues.

Public
Research
Affairs:
Federal
will
reaulations
disseminatina
information
and on-line
education.
(Grants and allocations

l If this amount includes fore1an arants check here

and education
on how reducina
imorove
the economv bv
media.
throuah
orint
broadcast

l If this amount includes foreian arants check here

c Other Core Proarams:

Various
oroarams
aimed at oromotina
consumer-focused
economic
oolicies
throuah
education
and
research
in both domestic
and international
economic
markets.
(Grants and allocations

If this amount includes fore1an arants check here

(Grants and allocations

$
Other program services (attach schedule)

If this amount includes fore1an a rants check here

(Grants and allocations

If this amount includes fore1on orants check here

f Total of Program Service Expenses (should equal line 44, column (8), Program services)

D
D

1.414.218.

296 731.

573 944.

2,284,893.
Form 990 (2006)

623021
01-18-07

12170502

739466

FWFoundation

2006.05050

3
FreedomWorks

Foundation,

In FWFOUNDl

---------

Form 990 (2006)

I Part

IV I Balance Sheets

Foundation.

FreedomWorks

Inc.

52-1526916

Note: Where reqwred, attached schedules and amounts w1thmthe descnpt,on column
should be for end-of-year amounts only.

{B)
End of year

(A)
Beginningof year

512.462.

45

Cash non-interest-bearing

46

Savings and temporary cash investments

45
46

47 a Accounts receivable

47b

48 a Pledges receivable
..
b Less: allowance for doubtful accounts

48b

47c

49.650.

48a

68.192.

48c

Grants receivable

UI
UI

4958(f)(1 )) and persons described 1nsection 4958(c)(3 (8)

52
53

51b

b Less: allowancefor doubtful accounts

Inventories for sale or use

55 a Investments

7 ~ [j

Stmt

~ Dcost

57b

u
c:
cu

receivables

Accounts payable and accrued expenses

60

61

Grants payable

61

62

Deferred revenue

62

63

Loans from officers, directors, trustees, and key employees

iii

III
'C
c:
:::,

Unrestricted

69

Permanently restricted

Cl)

entity

[xJ

134.410.

65

908 007.

134.410.

66

908 154.

382.348.
68.192.

67

<320 202. >

1. 820 225.

and complete Imes

68
69

1111-Dand

70

71

Pa1d-1nor caprtal surplus, or land, bu1ld1ng,and equipment fund

71

<

72

Retained earnings, endowment, accumulated income, or other funds

72

Cl)

73

Total net assets or fund balances. Add Imes67 through 69 or Imes70 through 72.

74

(Column (A) must equal lme 19 and column (8) must equal line 21)
Total liabilities and net assets/fund balances. Add Imes66 and 73

UI
UI

..

196.
177.
147.

64b

related

Organizations that do not follow SFAS 117, check here

LL
complete Imes 70 through 74 .
....
0
Caprtal stock, trust principal, or current funds
70
UI

..

2.408

63

Total liabilities. Add hnes 60 throuah 65

Temporarily restricted

59

64a

Organizations that follow SFAS 117, check here~

67 through 69 and hnes 73 and 74.
67

576.

58

584.950.

60

68

1. 770

57c

Total assets (must eaual hne 74) Add hnes 45 throuah 58

64 a Tax-exempt bond hab1ht1es

b Mortgages and other notes payable
:.::i
(describe 1111Due to
Other hab1l1t1es
65

Cl)

56

57a 1

59

66

115 616.
208 476.

55c

0.

:c
cu

UI

53
54a
54b

55b

b Less: accumulated deprec1at1on

Other assets, mcludmgprogram-relatedinvestments

Other
(describe 1111-

FMV

DFMV

se e s tate.ment

Investments other

57 a Land, bu1ld1ngs,and equipment: basis

Cl)

[xJ

55a

b Less: accumulated deprec1at1on

58

Cost

4.296.
0.

land, buildings, and

equipment. basis

56

51c
52

Prepaid expenses and deferred charges

54 a Investments publicly-traded securities

b Investments other securities

50b

I 51a

51 a Other notes and loans receivable

<

UI

50a

b Receivables from other d1squahf1edpersons (as defined under section

UI

Cl)

49 650.

49

50 a Receivables from current and former officers, directors, trustees, and

key employees

..

71.890.
191.773.

47a

b Less. allowance for doubtful accounts

49

Page4

(See the mstruct,ons)

450.540.
584.950.

73
74

1. 500 023.
2.408 177.
Form 990 (2006)

623031
01-20-07

12170502

739466

FWFoundation

2006.05050

4
FreedomWorks

Foundation,

In FWFOUNDl

Form990

FreedomWorks

2006

Part IV-A

Reconciliation

Foundation

Inc.

52-1526916

of Revenue per Audited Financial Statements With Revenue per Return

Pa e5

(See the

'mstruct,ons.)

4.561.730.

Add hnes b1 through b4

Subtract hne b from hne a

137 283.
4.424 447.

Total revenue, gains, and other support per audited financial statements

b
1
2
3
4

Amounts included on line a but not on Part I, line 12:

Net unrealized gains on investments

b1
b2
b3
b4

Donated services and use of fac11it1es

Recoveries of pnor year grants

See Statement

Other (specify):

d Amounts included on Part I, hne 12, but not on hne a:

1 Investment expenses not included on Part I, hne 6b
2 Other (specify)

137.283.

Id1 I
d2

Add hnes d1 and d2

0.
447.

4.424

Add lines b1 through b4

Subtract hne b from hne a

0.
3 512 247.

Total revenue IPart I hne 12\. Add hnes c and d

Amounts included on line a but not on Part I, hne 17:

I Part IV-B I Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
a Total expenses and losses per audited financial statements
3.512.247.
a
1
2
3
4

Donated services and use of fac1ht1es

b1
b2
b3
b4

Pnor year adJustments reported on Part I, hne 20

Losses reported on Part I, hne 20
Other (specify)

d Amounts included on Part I, line 17, but not on hne a:

1 Investment expenses not included on Part I, hne 6b
2 Other (specify)

Id1 I
d2

Add lines d1 and d2

e

Total exoenses

I Part V-A I

d
~

(Part I hne 17\ Add hnes c and d

0.
3 512 247.

e
Current Officers, Directors, Trustees, and Key Employees (LJst each person who was an officer, director, trustee,
or key employee at any time dunng the year even If they were not compensated ) (See the instructions.)
(B) Tille and average hours (C) Compensation (D~Contr1but1ons to
(E) Expense
e ployee benefit
(A) Nameand address
per week devoted to
account and
(If not paid, enter
plans & deferred
pos1t1on
-0-.)
compensation plans other allowances

Matt Kibbe ________________________

601 Pennsylvania
Ave.L_NWL 700_North
Washinaton.
DC 20004
Jugy Mulcahy ______________________
601 Pennsylvania
Ave.L_NWL 700_North
Washinaton
DC 20004
Jaci
Brown
601 Pennsylvania
Ave.L_NWL 700_North
Washinaton.
DC 20004
Honorable_Richard
K._Arm~--------601 Pennsylvania
Ave.L_NWL 700_North
Washinaton
DC 20004
Ted Abram
601 Pennsylvania
Ave.L_NWL 700_North
Washinaton
DC 20004
Frank M. Sands
601 Pennsylvania
Ave.L_NWL 700_North
Washinaton
DC 20004
Steve Forbes
601 Pennsylvania
Ave.L_NWL 700_North
Washinaton
DC 20004

!President
18.00
~ice Presiden

165 126. 11.344.

t/Treasu:r
er

6 418.

18.00
Presiden

75 632.
9.586.
t/Secreta
~y

1 235.

~ice

18.00
Chairman

76 390.

8.773.

2 998.

32.00
IBoard Member

403 333.

0.

0.

1.00
!Board Member

0.

0.

0.

1.00
IBoard Member

0.

0.

0.

1.00

0.

0.

0.

----------------------------------------------------------------Form 990 (2006)

623041

01-18-07

12170502

739466

FWFoundation

2006.05050

5
FreedomWorks

Foundation,

In

FWFOUNDl

FreedomWorks

Form 990 (2006)

I Part

Foundation.

52 -1 52691 6

Inc.

V-A I Current Officers, Directors, Trustees, and Key Employees

Page 6

Yes No

(continued)

75 a Enter the total number of officers, directors, and trustees permitted to vote on organization business at board

meetings

b Are any officers, directors, trustees, or key employees listed 1nForm 990, Part VA, or highest compensated employees
listed 1nSchedule A, Part I, or highest compensated professional and other independent contractors listed 1nSchedule A,
Part llA or 11-8,related to each other through family or business relat1onsh1ps?If "Yes," attach a statement that 1dent1fies
the 1nd1v1dualsand explains the relat1onsh1p(s)

75b

c Do any officers, directors, trustees, or key employees listed 1nForm 990, Part VA, or highest compensated employees
listed 1nSchedule A, Part I, or highest compensated professional and other independent contractors listed 1nSchedule A,
Part llA or 11-8,receive compensation from any other orgamzat1ons, whether tax exempt or taxable, that are related to the
organization? See the 1nstruct1onsfor the def1mt1onof "related organization "
See Statement
~

75c

If "Yes," attach a statement that includes the 1nformat1ondescribed 1nthe 1nstruct1ons.

Does the oraamzat1on have a written conflict of interest oohcv?

I Part

V-B

75d x
FormE:r Officers, Directors, Trustees, and Key Employees That Received Compensation or Other
Benefits (If any former officer, director, trustee, or key employee received compensation or other benefits (described below) dunng

the year, list that person below and enter the amount of compensation or other benefits 1nthe appropriate column. Seethe instructions)
(C) Compensation ( D)Contnbut,ons to
(E) Expense
employee benefit
(A) Nameand address
(B) Loans and Advances
(1fnot paid,
accountand
plans & deferred
enter -0-)
comoensat1on clans other allowances
None

-------------------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------------------------------------------

---------------------------------------------------------------------------------------------------------------------------------

--------------------------------I Part

VI

Other Information

Yes No

(See the mstruct,ons)

76

Did the organization make a change m its act1v1t1esor methods of conducting act1v1t1es?If "Yes," attach a detailed
statement of each change

76

77

Were any changes made m the organizing or governing documents but not reported to the IRS?

77

x
x

If "Yes," attach a conformed copy of the changes.

78 a
b
79
80 a

Did the organization have unrelated business gross income of $1,000 or more dunng the year covered by this return?

N/A

If "Yes," has 1tfiled a tax return on Form 990-T for this year?

Was there a hqu1dat1on,d1ssolut1on,term1nat1on,or substantial contraction during the year? If "Yes," attach a statement
Is the organization related (other than by assoc1at1onwith a statewide or nat1onw1deorganization) through common

80a

membership, governing bodies, trustees, officers, etc , to any other exempt or nonexempt organization?

b If "Yes," enter the name of the organization~

FreedomWorks,

Inc.
and check whether 1t1s[xJ exemptor

I 81a I

81 a Enter direct or indirect political expenditures. (See hne 81 1nstruct1ons.)

b Did the orqamzat1on file Form 1120-POL for this vear?

78a
78b
79

x
x

nonexempt

0.
81b

Form990 (2006)
623161/01-18-07

12170502

739466

FWFoundation

2006.05050

FreedomWorks

Foundation,

In FWFOUNDl

Form 990 (2006)

FreedomWorks
I Part VI I Other Information (continued)

Foundation.

Inc.

52-1526916

PaQe 7

Yes No

82 a DJd the organization receive donated services or the use of materials, equipment, or fac1lit1esat no charge or at substantially
less than fair rental value?

82a

b If "Yes," you may 1nd1catethe value of these rtems here Do not include this
amount as revenue 1nPart I or as an expense 1nPart II.

NIA

I 82b I

(See 1nstruct1ons 1nPart Ill )

83a

83 a Did the organization comply with the public 1nspect1onrequirements for returns and exemption applications?
b Did the organization comply with the disclosure requirements relating to quid pro quo contributions?
84 a Did the organization solicit any contributions or gifts that were not tax deductible?

N/A

83b

N/ A

84a

b If "Yes," did the organization include with every solic1tat1onan express statement that such contributions or gifts were not
85

tax deductible?

N/ A

84b

501 (c)(4}, (5), or (6) organizations a Were substantially all dues nondeductible by members?

N/A
N/A

85a

b Did the organization make only in-house lobbying expenditures of $2,000 or less?

85b

If "Yes" was answered to either 85a or 85b, do not complete 85c through 85h below unless the organization received a
waiver for proxy tax owed for the prior year.
c Dues, assessments, and s1m1laramounts from members

NIA
1--"8-"'Sc"-+-----=L..::..=-------l

d Section 162(e) lobbying and political expenditures

NIA
1--=-8=.:Sd=-+-----=-L..=.=--------l

e Aggregate nondeductible amount of section 6033(e)(1 )(A) dues notices

NIA
1--"8;:.;Se"-+-----=L..::..=-------l

NIA
'---"8"'5,._f
-'------"'-:!.L..~-----i

Taxable amount of lobbying and political expenditures (line 85d less 85e)
g Does the organization elect to pay the section 6033(e) tax on the amount on line 851?

N/A

85a

N/A

85h

h If section 6033(e)(1 )(A) dues notices were sent, does the organization agree to add the amount on line 851
to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the
following tax year?
501(c)(7) organizations Enter: a lrnt1at1onfees and capital contributions included on

86

87

NIA
NIA
NIA

86a

line 12

86b

b Gross receipts, included on line 12, for public use of club fac11it1es
501 (c)(12) organizations. Enter

a Gross income from members or shareholders

87a

b Gross income from other sources. (Do not net amounts due or paid to other sources

NIA
87b
against amounts due or received from them )
88 a At any time during the year, did the organization own a 50% or greater interest 1na taxable corporation or partnership,
or an entity disregarded as separate from the organization under Regulations sections 301. 7701-2 and 301 7701-3?
88a

..... 88b

If "Yes," complete Part IX

b At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of
section 512(b)(13)? If "Yes," complete Part XI
89 a 50 7(c)(3) organizations. Enter Amount of tax imposed on the organization dunng the year under:

0 ; section4912.....

section4911.....

0 ; section4955 .....________

o:_-=....

b 501(c)(3) and 501(c)(4) organizations Did the organization engage 1nany section 4958 excess benefit
transaction during the year or did 1tbecome aware of an excess benefit transaction from a pnor year?

89b

If "Yes," attach a statement expla1n1ngeach transaction

c Enter Amount of tax imposed on the organization managers or disqualified persons during the year under
....._______
sections 4912, 4955, and 4958
d Enter Amount of tax on line 89c, above, reimbursed by the organization

__,O:c....e...

.....________

_,,O:....=....

e All organizations At any time during the tax year, was the organization a party to a proh1b1tedtax shelter transaction?

89e

891

x
x

89a

A// organizations Did the organization acquire a direct or 1nd1rectinterest 1nany applicable insurance contract?

g For supporting organizations and sponsonng organizations mamtammg donor advised funds. Did the supporting organization,
or a fund ma1nta1nedby a sponsoring organization, have excess business holdings at any time during the year?

90 a List the states with which a copy of this return 1sfried .....__ __,S=e:..::e=---=S=-=t-=a=-t=-=e=-=m=e::..:n=-=t'--=1:....:0=------~-~-0
b Number of employees employed 1nthe pay period that includes March 12, 2006
90b

! !

The
Oraanization'

91 a The booksare m careof .....

Locatedat..,..

Organization
s address,

Telephoneno......

Wash._i__
n_a
__t_o
__n__.. .o_c_.

2 0 2-7 8 3- 3 8 7 0
20004

ZIP+ 4..,..

Yes No

b At any time during the calendar year, did the organization have an interest in or a signature or other authority over
a f1nanc1alaccount 1na foreign country (such as a bank account, securities account, or other f1nanc1alaccount)?
If "Yes," enter the name of the foreign country .....

91b

NIA

See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank
and F1nanc1alAccounts

Form990 (2006)

623162 / 01-18-07

12170502

739466

FWFoundation

2006.05050

7
FreedomWorks

Foundation,

In

FWFOUNDl

FreedomWorks

Form 990 2006

Part VI
Other Information
c AJ.any time during the calendar

Foundation

52-1526916

Inc.

(continued)

92

and enter the amount of tax-exempt interest received or accrued dunng the tax vear

I Part VII I Analysis of Income-Producing

I 92 I

NIA

Activities

(See the instructions.)

Unrelated business income

Note: Enter gross amounts unless otherwise

indicated.

93 Program
a

91c

year, did the organization maintain an office outside of the United States?

If "Yes," enter the name of the foreign country ~ -----=N-'-L..:cA=---------------------Section 494 7(a)(1) nonexempt chantable trusts f1/mgForm 990 m lieu of Form 1041- Check here

(A)
Business
code

service revenue.

Excluded by section 512, 513, or 514

(C)

(B)
Amount

(E)

(0)

Exclu

Related or exempt
function income

Amount

s1on

code

c
d

e
I Med1care/Med1ca1d payments
g Fees and contracts from government agencies

94 Membership dues and assessments

95 Interest on savings and temporary cash investments
96 D1v1dends and interest from secunt1es
97 Net rental income or (loss) from real estate
a debt-financed property
b not debt-financed

98
99
100

property

14

72 772.

16

193 591.

01

214.

Net rental income or (loss) from personal property

Other investment income
Gain or (loss) from sales of assets
other than inventory

101
102
103
a

Net income or (loss) from special events

Gross profit or (loss) from sales of inventory
Other revenue

Other

revenue

c
d

e
104
105

Subtotal (add columns

0.

(B),(D), and (E))

266 577.

0
~ ----=2:....:6c..:6;..&1-=5;.

Total (add line 104, columns (8), (D), and (E))

Note: Lme 105 plus /me 1e, Part I, should equal the amount on /me 12, Part I

I Part

VIII I Relationship of Activities to the Accomplishment

..

Line No.

I Part

IX

Information

Regarding Taxable Subsidiaries and Disregarded Entities

(A)
Name, address, and EIN of coiorat1on,
oartnersh1p,or d1sregarde entity

(B)
Percentage of
ownership interest

(See the instructions.)

(C)
Nature of act1v1t1es

(See the instructions.)

(0)

(E)

Total income

End-of-&ear
asses

%
%
%
%

NIA

I Part

of Exempt Purposes

Explain how each act1v1tyfor which income 1sreported in column (E) of Part VII contributed importantly to the accomplishment of the orgamzat1on's
exempt purposes (other than by providing funds for such purposes).

Information

Regarding Transfers Associated with Personal Benefit Contracts

(See the instructions.)

(a) Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Dves

(b) Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?

Dves

[xJ
[xJ

No
No

Note: If "Yes" to (b), file Form 8870 and Form 4720 (see instructions)
Form 990 (2006)

623163
0118-07

12170502

739466

FWFoundation

2006.05050

FreedomWorks

Foundation,

In FWFOUNDl

FreedomWorks

Form990 2006

Part XI

Information

Foundation

Inc.

Regarding Transfers To and From Controlled

control/mg organization as defined m section 512(b)(13)

52-1526916
Entities.

Pa e9

Complete only,, the organization ,s a

N/A
Yes

No

106 Did the reporting organization make any transfers to a controlled entity as defined 1nsection 512(b)(13) of the Code? If "Yes,"
comolete the schedule below for each controlled ent1tv.

(B)
Employer
Identification
Number

(A)
Name, address, of each
controlled entity

{D)
Amount of
transfer

(C)
Description of
transfer

-------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------Totals

Yes

No

107 Did the reporting organization receive any transfers from a controlled entrty as defined 1nsection 512(b)(13) of the Code? If "Yes,"
complete the schedule below for each controlled ent1tv

(B)
Employer
Identification
Number

(A)
Name, address, of each
controlled entity

-----------------------------------------------------------------

-----------------------------------------------------------------

-----------------------------------------------------------------

(D)
Amount of
transfer

(C)
Description of
transfer

Totals

Yes

No

108 Did the organization have a b1nd1ngwritten contract 1neffect on August 17, 2006, covering the interest, rents, royalties, and

;;;o~:anr~

annu1t1esdescribed 1nquestion 107 above?

/ &. I

Under penalties of perJury, I declare that I have exarmned this return, including accompanying schedules and statements, and to the best of my knowledge and behef, 1t 1s true, correct,
and comple;;J;;

Please
Sign
Here

S1ga~,olloc'i,'-

1,J,~

yours 11
self-employed),
address, and
ZIP+ 4

,(,

/vi. H 1!CJrJ~1
lvRCl~WVOJ,....

Typeor print nameand title

Preparer's ~
Paid
signature
Preparer's Firm's name (or
Use Only

based on all onformatoonof which preparer has any knowledge

---...........---.....
'

---

\} I

IDate

5-2-07

Rogers & Company PLLC

~8300 Boone Boulevard,
Suite
Vienna
Virainia
22182

O7

Date

Check11
selfemployed ~
EIN ~

Preparer's SSN or PTIN (See Gen Inst X)

600
Phoneno.

~(703)

893-0300
Form 990 (2006)

623164/01-26-07

12170502

739466

FWFoundation

2006.05050

FreedomWorks

Foundation,

In FWFOUNDl

---------

SCHEDULE A

Organization

(Form 990 or ~-EZ)

OMB No 1545-0047

(ExceptPrivateFoundation)and Section501(e), 501(f), 501(k),

501(n), or 4947(a)(1)NonexemptCharitableTrust

Supplementary

Department of the Treasury

Internal Revenue Service

Nameof the organization

Compensation

lnformation-(See

2006

separate instructions.)

MUSTbe completedby the aboveorganizationsand attachedto their Form990 or 990-EZ

Employeridentificationnumber

FreedomWorks
Part I

Exempt Under Section 501 (c)(3)

Foundation

Inc.

52 1526916

of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees

(Seepage2 of the instructions.List eachone.If therearenone,enter'None.")

(d) Contnbut,ons to
(e) Expense
(b) Titleand averagehours
benefit
(c) Compensation employee
accountand other
perweekdevotedto
plans & deferred
compensation
allowances
pos1t1on

(a) Nameandaddressof eachemployeepaid

morethan$50,000

ChristQR.her
Kinnan _________________
Oraanization's
address
Wayne Brough---------------------Oraanization's
address
Richard
Walker _____________________
Oraanization's
address
John Jordan
Oraanization's
address
Kent Lassman
Oraanization's
address

~p Technology

18.00

57 562.

6.174.

72 292.

6.263.

60 943.

8,739.

48 496.

4,625.

47 125.

4.017.

~p Research

18.00
State
Directo
18.00
!VP Campaigns
18.00
Strategy
!VP
18.00

Totalnumberof otheremployeespaid
over$50 000

~
1
I Part II-A I Compensation of the Five Highest Paid Independent Contractors for Professional Services

(Seepage2 of the instructions.List eachone(whetherind1v1duals

or firms). If therearenone,enter'None.")
(a) Nameandaddressof eachindependentcontractorpaidmorethan$50,000

(b) Typeof service

Kevin L. MannixL_P.C. ________________________

2003 State
Street,
Salem. OR 97301-4349
Novecon ____________________________________
PO Box 2100. Reston.
VA 20195
O_p nion_Strategjes
____________________
Public
214 N. Favette
St .. Alexandria.
VA 22314

Totalnumberof othersreceivingover
$50,000for professionalservices

I Part

11-BI Compensation

(c) Compensation

_
Leaal services
_ ~rogram
consultina
_ National
internet
survev

268 650.
110 000.
91 000.

of the Five Highest Paid Independent Contractors

for Other Services

(List eachcontractorwho performedservicesotherthanprofessionalservices,whetherind1v1duals

or
firms. If therearenone,enter"None."Seepage2 of the instructions.)
(a) Nameandaddressof eachindependentcontractorpaidmorethan$50,000

(b) Typeof service

CMDI________________________________________
7704 Leesbura
Pike
Fall Church,
VA 22043

!Database
tmanaaement

(c) Compensation

55,886.

--------------------------------------------

----------------------------------------------------------------------------------------------------------------------------------

~I

Totalnumberof othercontractorsreceivingover
$50,000for otherservices

e23101101-1a-01

12170502

LHA ForPaperworkReductionAct Notice,see the Instructionsfor Form990 and Form990-EZ.

739466

FWFoundation

2006.05050

10
FreedomWorks

ScheduleA (Form990 or 990-EZ)2006

Foundation,

In FWFOUNDl

ScheduleA (Form990 or 990-EZ)2006

IPart
1

Ill

I Statements

Fre edomWorks

About Activities

Foundation

5 2 -15 2 6 916

Inc.

Page2

Yes No

(Seepage2 of the instructions.)

Duringthe year,hasthe organization

attemptedto influencenational,state,or localleg1slat1on,
mcludmganyattemptto influence
matteror referendum?If "Yes,'enterthetotalexpensespaidor incurredm connectionwith the
publicop1monon a leg1slat1ve
lobbyingact1v1ties
~ $
$
(Mustequalamountson lme38, PartVI-A,or
lmei of PartVI-B.)
Organizations
that madean electionundersection501(h)by fllingForm5768mustcompletePartVI-A.Otherorganizations
a detaileddescriptionof the lobbyingact1v1t1es.
checking"Yes'mustcompletePartVI-BANDattacha statementg1vmg
Duringthe year,hasthe orgamzat1on,
eitherdirectlyor indirectly,engagedm any of the followingactswith any substantialcontributors,
trustees,directors,officers,creators,keyemployees,or membersof theirfam1lles,
or withanytaxableorganization
with whichanysuch
person1saf11l1ated
asan officer,director,trustee,ma1orityowner,or pnnc1pal
benef1c1ary?
(If the answer to any question is "Yes,"

attach a detalfed statement explammg the transactions.)

a Sale,exchange,or leasingof property?

Lendingof moneyor otherextensionof credit?
Furnishingof goods,services,or fac11it1es?
Paymentof compensation
(or paymentor reimbursement
of expenses
11morethan$1,000)?See Part
V-A.,_ Form
Transferof anypartof its incomeor assets?
Didthe organization
makegrantsfor scholarships,fellowships,studentloans,etc.?(If "Yes,'attachan explanationof how
qualifyto receivepayments.)
the organizationdeterminesthatrec1p1ents
b Ddthe organizationhavea section403(b)annuityplanfor its employees?
receiveor holdan easementfor conservation
purposes,mcludmgeasements
to preserveopenspace,
c Didthe organization
the environment,historiclandareasor historicstructures?If ''Yes,'attacha detailedstatement
providecreditcounseling,debtmanagement,
creditrepair,or debtnegot1at1on
services?
d Didthe organization
4 a Didthe organizationmamtamanydonoradvisedfunds?If "Yes,'completeImes4b through4g. If 'No,' completeImes41
and4g
undersection4966?
b Didthe organizationmakeanytaxabled1stribut1ons
makea d1stribut1on
to a donor,donoradvisor,or relatedperson?
c Didthe organization
d Enterthe total numberof donoradvisedfundsownedat the endof thetaxyear
e Enterthe aggregatevalueof assetsheldmall donoradvisedfundsownedat the endof thetax year
f Enterthe totalnumberof separatefundsor accountsownedat theendof the year(excludingdonoradvisedfundsincludedon
or investmentof amounts1nsuchfundsor accounts
lme4d) wheredonorshavethe right to provideadviceon the d1str1but1on
g Enterthe aggregatevalueof assetsmall fundsor accountsincludedon lme41at theendof the taxyear

b
c
d
e
3a

9 90

~
~

2a
2b
2c
2d
2e

X
X

X
X

3a
3b

x
x

3c
3d

x
x

4a
4b
4c

x
x
x
0
0.
0.
0.

ScheduleA (Form990or 990-EZ)2006

623111
01-18-07

12170502

739466

FWFoundation

2006.05050

11
FreedomWorks

Foundation,

In FWFOUNDl

5 2 -15 2 6 916

IPart IV i Reason for Non-Private

Page3

Foundation Status (Seepages4 through7 of the instructions.)

I certifythat the organization1snot a privatefoundationbecause11is: (Pleasecheckonly ONEapplicablebox.)

A church,conventionof churches,or assoc1at1on
of churches.Section170(b)(1)(A)(1).
5
6
A school.Section170(b)(1)(A)(11).
(AlsocompletePartV.)
A hospitalor a cooperativehospitalserviceorganization.
Section170(b)(1)(A)(111).
7
8
A federal,state,or localgovernmentor governmental
unit.Section170(b)(1)(A)(v).
A medicalresearchorganizationoperatedin con1unct1on
with a hospital.Section170(b)(1)(A)(111).
Enterthe hospital'sname,city,
9
and state ~
An organizationoperatedfor the benefitof a collegeor universityownedor operatedby a governmentalunit. Section170(b)(1)(A)(1v).
10
(Alsocompletethe SupportSchedulein PartIV-A.)
An organizationthat normallyreceivesa substantialpartof its supportfrom a governmentalunit or from the generalpublic.
11a
Section170(b)(1)(A)(v1).
(Alsocompletethe SupportSchedulein PartIV-A.)
community
trust.
Section
170(b)(1)(A)(v1).
(Alsocompletethe SupportSchedulein Part IV-A.)
A
11b
An organizationthat normallyreceives:( 1) morethan 33 1/3%of its supportfrom contributions,membershipfees,andgross
12
receiptsfrom act1V1t1es
relatedto its charitable,etc.,functions- sub1ectto certainexceptions,and(2) no more than 33 1/3%of
its supportfrom grossinvestmentincomeand unrelatedbusinesstaxableincome(lesssection511 tax) from businessesacquired
by the organizationafterJune30, 1975. Seesection509(a)(2).(Alsocompletethe SupportSchedule1nPartIV-A.)

D
D
D

D
D

00
D
D

13

An organizationthat 1snot controlledby anyd1squalif1ed

persons(otherthanfoundationmanagers)and otherwisemeetsthe requirementsof section
509(a)(3).Checkthe box that describesthetype of supportingorganization:
TypeI
TypeII
TypeIll-FunctionallyIntegrated
TypeIll-Other

Providethe following informationaboutthe supportedorganizations.(Seepage7 of the instructions.)

(a)
Name(s)of supportedorganization(s)

(b)
Employer
identification
number(EIN)

(c)
Typeof organization
(describedin lines
5 through 12 above
or IRCsection)

(d)
Is the supported
organizationlisted in
the supporting
organization's
governingdocuments?
No

Yes

Total
14

(e)
Amountof
support

An organizationorganizedand operatedto test for publicsafety.Section509(a)(4).(Seepage7 of the instructions.)

ScheduleA (Form990 or 990-EZ)2006

623121
01-16-07

12170502

739466

FWFoundation

2006.05050

12
FreedomWorks

Foundation,

In FWFOUNDl

ScheduleA (Form990 or 990-EZ)2006 FreedomWorks

Foundation,

Inc.

52-152

6 916

Page4

IPart IV-A I ,Note:

Support Schedule (Complete only 1fyou checked a box on hne 10, 11, or 12) Use cash method of accounting.
You mav use the worksheet m the mstruct,ons for convertmr, from the accrual to the cash method o f accounting.
Calendafyear (or fiscal year
beginninginl
~
15 Gifts,grants,andcontributions
received.(Do not includeunusual
grants.Seelme28.\
16 Membershipfeesreceived
17 Grossreceiptsfromadm1ss1ons,
merchandise
sold or services
performed,or furmshmgof
m anyact1v1ty
that 1s
fac11it1es
relatedto the orgamzat1on's
charitable,etc.,purpose
18

19
20

Grossincomefrom interest,
d1v1dends,
amountsreceivedfrom
paymentson securitiesloans(seclion 512(a)(5)),rents,royalties,and
unrelatedbusinesstaxableincome
(lesssection511taxes)from
businessesacquiredby the
orgamzat1on
afterJune30, 1975
Netincomefrom unrelatedbusiness
act1v1t1es
not includedm lme18
Taxrevenuesleviedfor the
orgamzat1on's
benefitand either
paidto 11or expendedon its behalf

(al 2005
3.915

145

(bl 2004

810.

(c) 2003

2.311.269.

667.

609

62.109.

(d) 2002

(el Total

981.

0.

6.837.060.

492.

208

268.

Thevalueof servicesor fac1l1t1es

furnishedto the orgamzat1on
by a
unit withoutcharge.
governmental
Do not includethe valueof services
or fac11it1es
generallyfurnishedto
the publicwithoutcharge
22 Otherincome.Attacha schedule.
See Stateme Int 11
Do not includegamor (loss)from
saleof capitalassets
23.557.
6.606.
16 951.
23 Totalof Imes15through22
0.
7 068.885.
329.
610.473.
2 390
4.068.083.
24 Lme23 mmuslme17
610.473.
7 068.885.
4.068.083.
2 390
329.
25 Enter1% of lme23
6.105.
40.681.
23.903.
26 Organizationsdescribedon lines 10 or 11: a Enter2% of amountm column(e), lme24
141.378.
~ 26a
b Preparea list for your recordsto showthe nameof andamountcontributedby eachperson(otherthana governmental
whosetotal gifts for 2002through2005exceededthe amountshownm lme26a.
umt or publiclysupportedorgamzat1on)
649.
~ 26b
4.002
Do not file this list with your return. Enterthe total of all theseexcessamounts
~ 26c
7.068.885.
c Totalsupportfor section509(a)(1)test:Enterline24, column(e)
19
208,268.
d Add:Amountsfrom column(e) for Imes: 18
4.234.474.
22
26b
4,002,649.
~ 26d
23,557.
~ 26e
2.834.411.
e Publicsupport(lme26c mmusline26d total)
40.0970%
~ 261
f Public supportpercentage(line 26e(numerator)divided bv line 26c(denominator\\
27
Organizationsdescribedon line 12: a Foramountsincludedm Imes15, 16,and 17thatwerereceivedfroma 'disqualifiedperson,'preparea list for your
person.'Donotfile this list with your return.Enterthe sum of
recordsto showthe nameof, andtotalamountsreceivedm eachyearfrom,each'd1squalif1ed
N/ A
suchamountsfor eachyear:
(2005)
(2004)
(2003)
(2002)
b Foranyamountincludedm lme17thatwasreceivedfrom eachperson(otherthan'd1squalif1ed
persons'),preparea hstfor your recordsto showthe nameof,
andamountreceivedfor eachyear,thatwasmorethanthe larger of (1) the amounton lme25 for the yearor (2) $5,000.(Includem the list organizations
Do not file this list with your return.Aftercomputingthe differencebetweenthe amountreceivedand
describedm Imes5 through11b,as wellas md1v1duals.)
the largeramountdescribedm (1) or (2), enterthe sum of thesedifferences(theexcessamounts)for eachyear: NI A
(2005)
(2004)
(2003)
(2002)
15 ______
_
c Add:Amountsfrom column(e) for Imes:
17
~ 27c
20~~~~~~~~
d Add:Lme27atotal
and lme27btotal
~ 27d
e Publicsupport(lme27c total mmuslme27dtotal)
~ 27e
~
271
Totalsupportfor section509(a)(2)test:Enteramounton lme23, column(e)
NA
g Public support percentage (line 27e (numerator) divided by line 27f (denominator))
~ 27
N A
%
h Investment income ercenta e line 18 column e numerator divided b line 27f denominator
~ 27h
N A
%
28 Unusual Grants: Foran orgamzallon
describedm hne10, 11,or 12thatreceivedany unusualgrantsduring2002through2005,preparea hstfor your recordsto
show,for eachyear,the nameof thecontributor,the dateandamountof the grant,anda briefdescriptionof the natureof the grant.Donot file this list with your
return Do not includethesegrantsm lme15.
21

~~~~~~~~

None

623131 01-18-07

Schedule A (Form 990 or 990-EZ) 2006

13
12170502

739466

FWFoundation

2006.05050

FreedomWorks

Foundation,

In

FWFOUNDl

ScheduleA (Form990 or 990-EZ)2006

I Part V I
29

Foundation,

Inc .

5 2 -15 2 6 916
N/A

Doesthe organizationhavea raciallynondiscriminatory

policytowardstudentsby statementin its charter,bylaws,othergoverning
instrument,or in a resolutionof its governingbody?
Doesthe organizationincludea statementof its raciallynondiscriminatory
policytowardstudentsin all its brochures,catalogues,
and otherwrittencommunicationswith the publicdealingwith studentadm1ss1ons,
programs,and scholarships?
Hasthe organizationpublicizedits raciallynondiscriminatory
policythroughnewspaperor broadcastmediaduringthe periodof
period1111hasno solic1tat1on
program,in a waythat makesthe policyknown
solic1tat1on
for students,or duringthe reg1strat1on
to all partsof the generalcommunity11serves?
If "'Yes,'pleasedescribe;11'No,' pleaseexplain.(If you needmorespace,attacha separatestatement.)

30
31

32

33

FreedomWorks

Private School Questionnaire (Seepage9 of the instructions.)

(lo be completed ONLY by schools that checked the box on line 6 in Part IV)

Page5

Yes No
29
30

31

Doesthe organizationmaintainthe following:

a Recordsindicatingthe racialcompos1t1on
of the studentbody,faculty,andadmin1strat1ve
staff?
b Recordsdocumentingthat scholarshipsand otherfinancialassistanceareawardedon a raciallynondiscriminatorybasis?
c Copiesof all catalogues,brochures,announcements,
and otherwrittencommunications
to the publicdealingwith student

32a
32b

adm1ss1ons,
programs,and scholarships?
d Copiesof all materialusedby the organizationor on its behalfto solicitcontributions?
If you answered'No"to any of the above,pleaseexplain.(If you needmorespace,attacha separatestatement.)

32c
32d

Doesthe organizationdiscriminateby racein anywaywith respectto:

Students'rightsor privileges?
Adm1ss1ons
policies?
Employmentof facultyor admin1strat1ve
staff?
Scholarshipsor otherfinancialassistance?
Educationalpolicies?
f Useof fac1l1t1es?
g Athleticprograms?
h Otherextracurricularact1v1t1es?
If you answered"'Yes"to any of the above,pleaseexplain.(If you needmorespace,attacha separatestatement.)

a
b
c
d
e

33a
33b
33c
33d
33e
331
3311
33h

34 a Doesthe organizatmnreceiveany financialaid or assistancefrom a governmentalagency?

b Hasthe organization'sright to suchaid everbeenrevokedor suspended?
35

348
34b

If you answered"'Yes"to either34a orb, pleaseexplainusingan attachedstatement.

Doesthe organizationcertifythat 11hascompliedwith the applicablerequirementsof sections4.01through4.05 of Rev.Proc.75-50,
1975-2C.B.587,coveringracialnond1scriminat1on?
If 'No,' attachan explanation

35
ScheduleA(Form990 or990-EZ)2006

623141
01-18-07

12170502

739466

FWFoundation

2006.05050

14
FreedomWorks

Foundation,

In FWFOUNDl

-------

---

ScheduleA(Form990or990-EZ)2006 FreedomWorks

IPart VI-A ! Lobbying

Foundation,

Inc.

Expenditures by Electing Public Charities

(Seepage10 of the instructions.)

5 2 -15 2 6 916 Page6

N/A

(Tobe completedONLYby an eligibleorganization

that filedForm5768)
Check

belonosto an affiliatedorouo.
1fthe oroamzat1on

Check

Limits on Lobbying Expenditures

(Theterm 'expenditures'meansamountspaidor incurred.)

1fvou checkeda and'limitedcontrol'orov1s1ons

aoolv.
(b)
(a)
To be completedfor all
Affiliatedgroup
electingorganizations
totals

N/A
36
37
38
39
40
41

Totallobbyingexpendituresto influencepublicopm1on(grassrootslobbying)
Totallobbyingexpendituresto influencea leg1slat1ve
body(directlobbying)
Total lobbyingexpenditures(addImes36 and37)
Otherexemptpurposeexpenditures
Totalexemptpurposeexpenditures(addImes38 and 39)
Lobbyingnontaxableamount.Entertheamountfrom the followingtableIf the amounton line 40 is The lobbyingnontaxableamountis Not over $500,000

20% of the amount on line 40

Over $500,000 but not over $ 1,000,000

$100,000 plus 15% of the excess over $500,000

Over $1,000,000 but not over $1,500,000

$175,000 plus 10% of the excess over $1,000,000

Over S 1,500,000 but not over $17 ,000,000

$225,000 plus 5% of the excess over $ 1,500,000

Over $17,000,000

$1,000,000

36
37
38
39
40

42 Grassrootsnontaxableamount(enter25% of lme41)
43 Subtractlme42 from lme36. Enter-0- 1flme42 1smorethanline36
44 Subtractline41 from lme38. Enter-0- 1flme41 1smorethanline38

41

42
43
44

Caution: ff there is an amount on either /me 43 or /me 44, you must fife Form 4 720

4-Year Averaging Period Under Section 501(h)

(Someorganizations
that madea section501(h)electiondo not haveto completeall of the five columns
below.Seethe instructionsfor Imes45 through50 on page13 of the instructions.)
LobbyingExpendituresDuring4-YearAveragingPeriod
Calendaryear (or
fiscal year beginningin)

(a)
~

2006

(b)
2005

NIA
(e)
Total

(d)
2003

(c)
2004

45 Lobbyingnontaxable
amount
46 Lobbyingceilingamount
(150%of line45(e))
47 Totallobbying
exoend1tures
48 Grassrootsnontaxable
amount
49 Grassrootsceilingamount
(150%of lme48(e))
50 Grassrootslobbying
expenditures

0.
0.
0.
0.
0.
0.

I Part Vl-8 I Lobbying Activity by Nonelecting Public Charities

NIA

(Forreportingonly by organizations
that did not completePartVI-A) (Seepage13 of the instructions.)
mcludmgany attemptto
Duringthe year,did the organizationattemptto influencenational,stateor localleg1slat1on,
influencepublicopinionon a leg1slat1ve
matteror referendum,throughthe useot
a Volunteers
(Includecompensationm expensesreportedon Imesc throughh.)
b Paidstaff or management
c Mediaadvertisements
d Ma1l1ngs
to members,legislators,or the public
e Publications,or publishedor broadcaststatements
f Grantsto otherorganizationsfor lobbyingpurposes
or a leg1slat1ve
body
g Directcontactwith legislators,their staffs,governmentofflc1als,
seminars,conventions,speeches,lectures,or any other means
h Rallies,demonstrations,
i Totallobbyingexpenditures(AddImesc throughh.)
If "Yes'to anyof theabove,alsoattacha statementg1vmga detaileddescriptionof the lobbyingact1v1t1es.
623151
01-18-07

12170502

Yes

No

Amount

0.
ScheduleA (Form990 or 990-EZ)2006

739466

FWFoundation

2006.05050

15
FreedomWorks

Foundation,

In FWFOUNDl

ScheduleA(Form990or990-EZ)2006 FreedomWorks

I Part VII
51
a

c
d

Foundation,

Inc.

52-1526916

Exempt Organizations (Seepage13 of the instructions.)

Didthe reportingorgamzat1on
directlyor indirectlyengagein any of the followingwith any other orgamzat1on
describedin section
501(c)of the Code(otherthansection501(c)(3)orgamzat1ons)
or in section527,relatingto politicalorganizations?
Transfersfrom the reportingorgamzat1on
to a noncharitable
exemptorgamzat1on
ot
(i) Cash
(ii) Otherassets
Othertransactions:
exemptorgamzat1on
(i) Salesor exchangesof assetswith a noncharitable
(ii) Purchasesof assetsfrom a noncharitable
exemptorgamzat1on
(iii) Rentalof fac11i11es,
equipment,or otherassets
(iv) Reimbursement
arrangements
(v) Loansor loanguarantees
solic1tat1ons
(vi) Performanceof servicesor membershipor fundra1sing
Sharingof fac1l1t1es,
equipment,mailinglists,otherassets,or paidemployees
If the answerto any of theabove1s"Yes,'completethe followingschedule.Column(b) shouldalwaysshowthefair marketvalueof the
receivedlessthanfair marketvalue1nany
goods,otherassets,or servicesgivenby the reportingorganization.If the organization
showin column(d) the valueof the goods,otherassets,or servicesreceived
transactionor sharingarrangement,

(a)
Line no.

51c

{b)
Amountinvolved

1 816.118.

(c)
Nameof noncharitableexemptorganization

FreedomWorks.

Inc.

Yes

(a)
Nameof orgamzat1on

FreedomWorks

Inc.

x
x

b(i)
b(ii)
b(iii)
b(iv)
b(v)
b(vi)

x
x
x
x
x
x

(d)
Descriptionof transfers,transactions,andsharingarrangements

12

See Statement

(b)
Typeof organization

501Cc)(4)

No

51a(i)
a(ii)

52 a Is the orgamzat1on
directlyor indirectlyaffiliatedwith, or relatedto, oneor moretax-exemptorgamzat1ons
describedin section501(c)of the
~ [x] Yes
Code(otherthansection501(c)(3))or in section527?
b If "Yes,'completethe followingschedule

DNo

(c)

Descriptionof relat1onsh1p

See Statement

623152
01-18-07

12170502

Page7

! Information Regarding Transfers To and Transactions and Relationships With Noncharitable

13

ScheduleA (Form990 or 990-EZ)2006

739466

FWFoundation

2006.05050

16
FreedomWorks

Foundation,

In FWFOUNDl

FreedomWorks

Foundation,

Inc.

52-1526916

Form 99.0

Kind

and

Sublease
Total

Rental

Location
of

to

of

Income

Statement
Activity
Number

Property

Form

990,

Form 990

Gross
Rental
Income

facilities
Part

Other

I,

line

Changes

193,591.
193,591.

6a

in Net Assets

or

Fund

Balances

Statement

Total

and
to

unrealized

Form 990,

gains,

Part

I,

net

line

of

Other
(A)

Professional
fees
Miscellaneous
Insurance
Noncapital
expenses
Novelties
Advertising
Rentals
Subscriptions
Dues
Photography
Database
management
Computer
services
Clipping
services
Payroll
fees
to

12170502
~~---

Fm 990,

739466

ln

43

FWFoundation

137,283.

fees

137,283.

Statement

Expenses

(C)
Management
and General

(B)

Total

Description

investment

20

Form 990

Total

Amount

Description
Realized

Program
Services

( D)

Fundraising

257,212.
16,822.
37,254.
10,350.
5,483.
12,647.
13,843.
9,997.
3, 321.
3,820.
47,297.
52,499.
1,022.
4,356.

188,765.
4,234.
22,252.
713.
5,483.
4,151.
9,447.
2,225.
2,437.
518.
23,237.
55.
1,022.

35,360.
12,434.
7,104.
9,637.

0.

4,356.

475,923.

264,539.

2006.05050

21
FreedomWorks

33,087.
154.
7,898.
0.
0.
0.

0.

8,496.
3,487.
4,279.
564.
1,829.
0.

909.
3,493.
320.
1,473.
24,060.

0.

0.
0.

52,444.

139,990.

0.
71,394.

Statement(s)
l, 2, 3
Foundation,
In FWFOUNDl

FreedomWorks
Form

Officer

99.0

Name of
Matt

Officer,

Services

B. Management

Officer,

52-1526916

Compensation
Part II,
Line

Compensation

Allocation
25a

Employee
Ben. Plans

Statement

Expense
Accounts

Totals

165,126.

11,344.

6,418.

182,888.

117,912.

8,101.

4,583.

130,596.

22,642.

1,555.

880.

25,077.

24,572.

1,688.

955.

27,215.

Compensation

Employee
Ben. Plans

Expense
Accounts

Totals

75,632.

9,586.

1,235.

86,453.

and General

75,632.

9,586.

1,235.

86,453.

Fundraising

Name of

Officer,

etc.

Brown

A. Program

Employee
Ben. Plans

Expense
Accounts

Totals

76,390.

8,773.

2,998.

88,161.

76,390.

8,773.

2,998.

88,161.

and General

Fundraising

12170502

Compensation

Services

B. Management

c.

Inc.

Services

B. Management

Jaci

etc.

Mulcahy

A. Program

c.

and General

Fundraising

Name of
Judy

etc.

Kibbe

A. Program

c.

Foundation,

739466

FWFoundation

2006.05050

22
FreedomWorks

Foundation,

Statement(s)
4
In FWFOUNDl

FreedomWorks

Name of

Foundation,

Officer,

Honorable
Armey

etc.

Richard

A. Program

Inc.

52-1526916

and General

C. Fundraising

Total

Program

Total

Management

Total

Fundraising

Total

Officer,

Form 990

Expense
Accounts

Totals

K.

Services

B. Management

Employee
Ben. Plans

Compensation
403,333.

403,333.

288,008.

288,008.

55,305.

55,305.

60,020.

60,020.

Services

418,604.

and General

166,835.
175,396.

etc.,

Compensation

Statement

of

Included

Organization's
Part

on Part

Primary

II,

Exempt

Line

760,835.

25a

Purpose

Statement

III

Explanation
Improving
the well-being
support
of common sense

of American
consumers
economic
policies.

Form 990

Other

through

Total

to

12170502

promotion

Valuation
Method
stock

Market

Form 990,

739466

Part

IV,

FWFoundation

line

56,

Column

2006.05050

and

Statement

Investments

Description
Restricted

the

23
FreedomWorks

Value

Amount
1,770,576.
1,770,576.

Statement(s)
4, 5, 6
Foundation,
In FWFOUNDl

FreedomWorks

Foundation,

Form 99,0

Security

52-1526916

Non-Government

Description

Mutual

Inc.

To Form 990,

line

54a,

Form 990

Corporate
Stocks

Cost/FMV

funds

Other

Securities

Statement
Other
Publicly
Traded
Securities

Corporate
Bonds

208,476.

208,476.

Col B

208,476.

208,476.

Not

Included

on Form 990

Total

to

12170502

Statement

Amount

Description
Realized

Total
Non-Gov't
Securities

FMV

Revenue

and unrealized

losses,

Form 990,

IV-A

739466

Part

FWFoundation

net

of

investment

fees

137,283.
137,283.

2006.05050

24
FreedomWorks

Statement(s)
7, 8
Foundation,
In FWFOUNDl

FreedomWorks
Form

Part

99.0

Officer's
Matt

Foundation,

52-1526916

V-A Officer
Compensation
Related
Organizations

116,755.

Related

Between

Compensation

Expense
Account
4,538.
ID Number

Organizations
board

members

Description

compensation

Officer's

Compensation

Name

Related

2,120.
ID Number

Organizations

relationship/Common

Compensation

Expense
Account

52-1349353

Inc.
Between

Historical

6,204.
Employer

Organization

FreedomWorks,
Relationship

Employee
Benefit
Plan
Contribution

54,013.

Brown

Name of

52-1349353

relationship/Common

Employee

8,021.

Inc.

Relationship
Historical

Employee
Benefit
Plan
Contribution

Employer

Organization

FreedomWorks,

Statement

from

Compensation

Name

Kibbe

Name of

Jaci

Inc.

board

members

Description

Employee

compensation

12170502

739466

FWFoundation

2006.05050

25
FreedomWorks

Foundation,

Statement(s)
9
In FWFOUNDl

FreedomWorks

Officer's
Judy

Foundation,

Inc.

52-1526916

Name

Compensation

Mulcahy

Name of

53,477.

Related

Organization

FreedomWorks,

Employee

board

members

Description

compensation

Name

Honorable

Richard

Name of Related

Relationship

Compensation
K. Armey

Employer

o.
ID Number

52-1349353
Organizations

relationship/Common

Compensation

Expense
Account

o.

Inc.
Between

Historical

Employee
Benefit
Plan
Contribution

100,833.

Organization

FreedomWorks,

board

members

Description

compensation

***See Statement
employees
listed
organizations.

12170502

ID Number

Organizations

relationship/Common

Officer's

Director

Employer

2,109.

52-1349353

Between

Compensation

Expense
Account

6,779.

Inc.

Relationship
Historical

Employee
Benefit
Plan
Contribution

739466

14 for additional
listing
in Schedule
A who receive

FWFoundation

2006.05050

relating
to
compensation

26
FreedomWorks

contractors
and
from related

Foundation,

Statement(s}
9
In FWFOUNDl

~~----

FreedomWorks
Form

Foundation,

99.0

List

Inc.
of

52-1526916

States
Receiving
Part VI, Line

Copy
90

of

Return

Statement

10

Statement

11

States
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,0H,0K,OR,PA,RI,SC,SD,TX,UT,VT,VA,WA,WV,WI,WY,NV,TN
Schedule

Other

2005
Amount

Description
Other

revenues

Total

to

12170502

Income

Schedule

739466

A,

line

FWFoundation

22

2004
Amount

2003
Amount

2002
Amount

6,606.

16, 951.

0.

0.

6,606.

16,951.

0.

0.

2006.05050

27
FreedomWorks

Statement(s)
Foundation,
In

10, 11
FWFOUNDl

-----------

FreedomWorks
Schedul,e

Foundation,

Inc.

Involvement
Part

With
VII,

Name of Noncharitable
FreedomWorks,
Description

Noncharitable
Organizations
Line 51, Column (d)

Statement

12

Organization

Inc.
of

Shared
expenses
facilities
and

12170502

Exempt

52-1526916

739466

Transfers,

Transactions,

allocated
equipment,

to the Foundation,
and other
general

FWFoundation

2006.05050

and

Sharing
including
allocable

28
FreedomWorks

Arrangements
employees,
expenditures.

use

of

Statement(s)
12
Foundation,
In FWFOUNDl

FreedomWorks
Schedu]..e

Name of

Foundation,

A'

Affiliation
Part

Affiliated

FreedomWorks,
Description

Inc.

52-1526916

with Tax-Exempt
Organizations
VII,
Line 52, Column (c)

or Related

Statement

Organization

Inc.
of Relationship

The Foundation
has
both organizations

with

a historical
have certain

Affiliated

or Related

relationship
common Board

Organization

with FreedomWorks,
Members and officers.

of

contractors
compensation

and non-key
from related

Related
organization:
FreedomWorks,
Relationship:
Historical
relationship

employees
from
organizations.
Inc.
and

Inc.

and

Statement

Footnotes
Listing
receiving

13

Schedule

52-1349353
common officers.

Kent Lassman
Employee
Compensation

for

personal

services

36,162.

Wayne Brough
Employee
Compensation

for

personal

services

55,543.

Richard
Walker
Employee
Compensation
for

personal

services

49,270.

Christopher
Employee
Compensation

for

personal

services

45,066.

for

personal

services

37,561.

John Jordan
Employee
Compensation

12170502

14

Kinnan

739466

FWFoundation

2006.05050

29
FreedomWorks

Statement(s)
13, 14
Foundation,
In FWFOUNDl