freedomworks foundation 521526916 2009 061c5678searchable

Form 990 . Department of the Treasury Internal Revenue Service

Return of Organization Exempt From Income Tax Under section 501{c), 527, or 4947{a){1) of the Internal Revenue Code {except black lung

benefit trust or private foundation) .... The organization may have to use a copy of this return to satisfy state reporting requirements.

A For the 2009 calendar year, or tax year beginning and ending

OMB No 1545-0047

2009 Open to Public

1nspe(ltion

B Check ti appt,cable Ptease C Name of organ1zat1on

use IRS

D Employer identification number

DAddress label or F Change pnntor reedomWorks Foundation' Inc.

D~:~e type Doino Business As 5 2 -15 2 6 9 16

return see Number and street (or PO box 1f ma1l 1s not delivered to street address) Room/suite E Telephone number D lnit,al .I Dr~,n· ~:s:~~601 Pennsylvania Avenue, NW, N. Bui700 202-783-3870

0~7:,';;:ded t,ons Crty or town, state or country, and ZIP + 4 G Gross receipts$ 4 , 5 8 2 , 9 5 2 •

Dtg~1tca· Washinqton, DC 20004 H(a) lsth1sagroupreturn pending

F Name and address of pnnc1pal officer:Ma t t Kibbe for aff1l1ates? D Yes 00 No

-~--LS_a_m_e~~a~s~~C~a~b~o~v~e~----~~~----~~~---~H~Araa11am~~rnciud~?DY~ 0No I Tax·exemot status: 00 501(c) ( 3 l <11111 (insert no.l D 4947(al(1) or D 527 J Website:• WWW. f reedomworks. orq

If 'No,' attach a list. (see instructions)

H{cl Grouo exemption number .... K Form of oraanizat1on 00 Corporation D Trust I I Assoc1at1on D Other .... I L Year of formation 19 8 91 M State of leoal dom1c1le DC I Part JI Summary

a1 1 Bneflydescnbetheorgan1zat1on'sm1ss1onormosts1gn1f1cantact1v1t1es: Improving the well-being of i American consumers through the promotion and support of economic

E 2 Check this box .... D If the organization discontinued rts operations or disposed of more than 25% of its net assets.

~ 3 Number of voting members of the governing body (Part VI, line 1 a) _3-+---------7=-~ 5 all 4 Number of Independent voting members of the governing body (Part VI, line 1 b) 4

~ 5 Total number of employees (Part V, line 2a) 5 0

~ 6 Total number of volunteers (estimate 1f necessary) 6 8 0 0 0 0 0

~ 7a Total gross unrelated business revenue from Part VIII, column (C), line 12 7a O •

G) :I

b Net unrelated business taxable income from Form 990·T, line 34

8 Contributions and grants (Part VIII, line 1 h)

c: 9 Program service revenue (Part VIII, line 2g) ~ a: 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d)

11 Other revenue (Part VIII, column (A), lines 5, 6d, Be, 9c, 10c, and 11 e)

12 Total revenue • add lines 8 throuah 11 (must eaual Part VI 11 column (Al, line 12)

13 Grants and s1m1lar amounts paid (Part IX, column (A), lines 1·3)

14 Benefits paid to or for members (Part IX, column (A), line 4)

vi 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5·10) 51 c: G) c. K w

16a Professional fundra1sing fees (Part IX, column (A), line 11 e)

b Total fundra1s1ng expenses (Part IX, column (D), line 25) .... ___ 6_1_6~,_4_7_3_.

17 Other expenses (Part IX, column IA\ lines 11:..11 rl 11f.?M\

18 Total expenses Add lines 13·17 must e~tt_G@Vclioio>i (A), hr e 25) 19 Revenue less expenses. Subtrac lin<>-4-R-f~"'~,,...,..,,..,,,.,.,...~-t-,c. ___ _,,,

o~ m ~ ~~ 20 Totalassets(PartX,l1ne16) ~ JUN ij li 2010 ~ = ~ ct.., 21 Total l1ab1l1t1es (Part X, line 26) J.......~------~ ~~ 22 Net assets or fund balances. Sut tract l1~tl"l. ira,J;;" ilJe 20 IT I Part H l Signature Block

7b O. Prior Year Current Year

2,936,908. 3,931,825.

85,623. 37,746.

126,129. 190,333.

3,148,660. 4,159,904.

1,595,255. 1,458,924.

75,500. 62,250.

1,594,137. 2,033,455.

3,264,892. 3,554,629.

<116,232.> 605,275.

Beg Inn Ina of Current Year End of Year 2,521,827. 2,776,689.

788,613. 616,535. 1.733,214. 2,160,154.

Sign

Here

Under penalties of pe~ury, I declare that I have examlnzt s return, including accompanying schedules and statements, and to the best of my knowledge and beltef, It Is true, correct, and complete Declaration of preparer (other than office~ , based on all lnlormatton of which preparer has any knowledge

...._ /!JVUJ1LLf ,/ I ~/d-ti,/o2.010 ,.. Signature'/ _9ff1(er - l Date

Iii... Judit'fi Mulcahy, VP of Operations/Treasurer ,.. Type or pnnt name and title

600

Paid Prepare r's ~ ............ • -- I( Date Check If I Prepare~s ldentlfytng number self· (see mstructtons) signature "'"""-L... • -- 0 5 I 2 5 / 10 employed .... D

Preparer•s l-,F;:-,rm:....,..··-n-am-=e"7(0-r---:R::----=-~&:---:::c=---_;:::"""-... ~:::-::p-:L::-::L-:C::-------'--.:......:......::....:....::.....;...i....:.;..:.=.::..1..;;c,--EI-N....: .... ==::..L.-----------u a I yourslf ogers ompany se ny se1t-emp1oyedJ, ~8300 Boone Boulevard, Suite

address, and . z1P+4 Vienna, Virqinia 22182 Phone no ..... ( 703) 893-0300

May the IRS discuss this return with the preparer shown above? (see 1nstruct1ons) D Yes D No

932001 02-04.10 LHA For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2009) See Schedule o for Organization Mission Statement Continua~on 1.3

QS_,,· / b IX.

Form 990 2009 FreedomWorks Foundation Inc. 52-1526916 ~e2 Part m Statement of Program Service Accomplishments 1 ' Briefly describe the organ1zat1on's m1ss1on:

Improving the well-being of American consumers through the promotion and support of economic education.

2 Did the organ1zat1on undertake any s1gn1ficant program services during the year which were not listed on the prior Form 990 or 990·EZ?

If 'Yes,' describe these new services on Schedule 0. 3 Did the organization cease conducting, or make s1gn1f1cant changes 1n how 1t conducts, any program services?

If 'Yes," describe these changes on Schedule 0. 4 Describe the exempt purpose achievements for each of the organ1zat1on's three largest program services by expenses

Section 501 (c)(3) and 501 (c)(4) organ1zat1ons and section 4947(a)(1) trusts are required to report the amount of grants and

allocations to others, the total expenses, and revenue, 1f any, for each program service reported.

4a (Code: ) (Expenses $ 1 , 3 3 4 , 151 • including grants of$ ) (Revenue $

OOves 0No

Dves 00No

Federal and State campaigns: Research and education on reforming federal and state policies in areas such as taxation, fiscal policy, legal reform, energy policy, education and other mission-related issues.

4b (Code: ) (Expenses $ 3 8 3 , 9 6 4 • including grants of $ ) (Revenue $ Grassroots Mobilization: Executing large and medium scale rallies and other events with grassroots activists that broadly promote our core economic issues.

4c (Code: ) (Expenses $ 3 4 5 , 9 9 7 • including grants of $ ) (Revenue $ Tax & Budget: Promotes fiscal and consumer-focused economic policies through education and research in domestic markets.

4d Other program services. (Describe in Schedule 0.)

(Expenses $ 6 8 2 , 7 7 0 • including grants of $

4e Total program service expenses .... $ 2 , 7 4 6 , 8 8 2 •

932002 02-04·10

) (Revenue$

2

Form 990 (2009)

11450525 739466 FWFoundation 2009.03030 Freedomworks Foundation, In FWFOUNDl

Form 990 <2009) Freedomworks Foundation, Inc. 52-1526916 Paae3

I Part lV l Checklist of Required Schedules

1 Is the organization descnbed 1n section 501 (c)(3) or 494 7(a)(1) (other than a pnvate foundation)?

If "Yes," complete Schedule A

2 Is the organ1zat1on required to complete Schedule B, Schedule of Contributors?

3 Did the organ1zat1on engage 1n direct or indirect political campaign act1v1t1es on behalf of or in oppos1t1on to candidates for

public office? If "Yes," complete Schedule C, Part I

4 Section 501 (c)(3) organizations. Did the organization engage In lobbying act1v1t1es? If "Yes," complete Schedule C, Part II

5 Section 501 (c)(4), 501 (c)(5), and 501 (c)(6) organizations. Is the organ1zat1on subJect to the section 6033(e) notice and

reporting requirement and proxy tax? If "Yes," complete Schedule C, Part Ill

6 Did the organ1zat1on ma1nta1n any donor advised funds or any s1m1lar funds or accounts where donors have the nght to

provide advice on the d1stnbut1on or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I

7 Did the organ1zat1on receive or hold a conservation easement, 1nclud1ng easements to preserve open space,

the environment, historic land areas, or h1stonc structures? If "Yes," complete Schedule D, Part II

8 Did the organ1zat1on maintain collections of works of art, historical treasures, or other s1m1lar assets? If "Yes," complete

Schedule D, Part Ill

9 Did the organ1zat1on report an amount in Part X, line 21; serve as a custodian for amounts not listed 1n Part X; or provide

credit counseling, debt management, credit repair, or debt negot1at1on services? If "Yes," complete Schedule D, Part IV

10 Did the organization, directly or through a related organ1zat1on, hold assets 1n term, permanent, or quas1·endowments?

If "Yes," complete Schedule D, Part V

11 Is the organ1zat1on's answer to any of the following questions 'Yes'? If so, complete Schedule D, Parts VI, VII, VIII, IX, or X

as app/lcable

• Did the organ1zat1on report an amount for land, bu1ld1ngs, and equipment 1n Part X, line 10? If "Yes," complete Schedule D,

Part VI.

• Did the organ1zat1on report an amount for investments· other secunt1es 1n Part X, line 12 that 1s 5% or more of its total

assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII.

• Did the organ1zat1on report an amount for investments· program related 1n Part X, line 13 that IS 5% or more of its total

assets reported 1n Part X, line 16? If "Yes," complete Schedule D, Part VIII.

• Did the organ1zat1on report an amount for other assets 1n Part X, line 15 that IS 5% or more of its total assets reported 1n

Part X, line 16? If "Yes," complete Schedule D, Part IX.

• Did the organ1zat1on report an amount for other liab11it1es in Part X, line 25? If "Yes," complete Schedule D, Part X.

• Did the organ1zat1on's separate or consolidated financial statements for the tax year include a footnote that addresses

the organ1zat1on's liability for uncertain tax pos1t1ons under FIN 48? If "Yes," complete Schedule D, Part X. 12 Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete

Schedule D, Parts XI, XII, and XIII.

12A Was the organization included in consolidated, independent audited f1nanc1al statements for the tax year?

If "Yes, " completing Schedule D, Parts XI, XII, and XIII is optional

13 Is the organ1zat1on a school described 1n section 170(b)(1 )(A)(11)? If "Yes," complete Schedule E

14a Did the organization maintain an office, employees, or agents outside of the United States?

I Yes I No

b Did the organ1zat1on have aggregate revenues or expenses of more than $10,000 from grantmak1ng, fundra1s1ng, business,

and program service act1v1t1es outside the United States? If "Yes," complete Schedule F, Part I

15 Did the organ1zat1on report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organ1zat1on

or entity located outside the United States? If "Yes," complete Schedule F, Part II

16 Did the organ1zat1on report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to 1nd1v1duals

located outside the United States? If "Yes," complete Schedule F, Part Ill

17 Did the organization report a total of more than $15,000 of expenses for professional fundra1s1ng services on Part IX,

column (A), lines 6 and 11 e? If "Yes," complete Schedule G, Part I

18 Did the organ1zat1on report more than $15,000 total of fundra1s1ng event gross income and contributions on Part VIII, lines

1 c and 8a? If "Yes," complete Schedule G, Part II

19 Did the organ1zat1on report more than $15,000 of gross income from gaming act1v1t1es on Part VIII, line 9a? If "Yes,"

complete Schedule G, Part Ill

20 Did the oraan1zat1on ooerate one or more hoso1tals? If "Yes " comolete Schedule H

932003 02-04-10

3

Yes No

x 2 x

3 x 4 x

5

6 x

7 x

8 x

9 x

10 x

11 x

12 X

13 x 14a x

14b x

15 x

16 x

17 x

18 x

19 x 20 x

Form 990 (2009)


Form 990 C2009l Freedomworks Foundation, Inc. 52-1526916 Paoe4

I Part IV l Checklist of Required Schedules (continued)

21 Did the organization report more than $5,000 of grants and other assistance to governments and organizations 1n the

United States on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts I and II

22 Did the organ1zat1on report more than $5,000 of grants and other assistance to 1nd1v1duals in the United States on Part IX,

column (A), line 2? If "Yes," complete Schedule I, Parts I and Ill

23 Did the organization answer 'Yes' to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current

and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete

ScheduleJ

24a Did the organization have a tax-exempt bond issue with an outstanding pnnc1pal amount of more than $100,000 as of the

last day of the year, that was issued after December 31, 2002? If "Yes," answer Imes 24b through 24d and complete

Schedule K. If "No", go to /me 25

b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?

c Did the organ1zat1on maintain an escrow account other than a refunding escrow at any time dunng the year to defease

any tax-exempt bonds?

d Did the organ1zat1on 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. Did the organ1zat1on engage 1n an excess benefit transaction with a

d1squalif1ed person during the year? If "Yes," complete Schedule L, Part I

b Is the organization aware that 1t engaged 1n an excess benefit transaction with a d1squalif1ed person 1n a pnor year, and

that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If "Yes," complete

Schedule L, Part I

26 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 Did the organ1zat1on provide a grant or other assistance to an officer, director, trustee, key employee, substantial

contributor, or a grant selection committee member, or to a person related to such an 1nd1v1dual? If "Yes," complete

Schedule L, Part Ill

28 Was the organ1zat1on a party to a business transaction with one of the following parties, (see Schedule L, Part IV

instructions for applicable filing thresholds, cond1t1ons, and exceptions)·

a A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV

b A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV

c An entity of which a current or former officer, director, trustee, or key employee of the organ1zat1on (or a family member) was

an officer, director, trustee, or direct or 1nd1rect owner? If "Yes," complete Schedule L, Part IV

29 Did the organization receive more than $25,000 1n non-cash contnbut1ons? If "Yes," complete Schedule M

30 Did the organ1zat1on receive contributions of art, historical treasures, or other s1m1lar assets, or qualified conservation

contributions? If "Yes," complete Schedule M

31 Did the organ1zat1on l1qu1date, terminate, or dissolve and cease operations?

If "Yes," complete Schedule N, Part I

32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete

Schedule N, Part II

33 Did the organ1zat1on own 100% of an entity disregarded as separate from the organization under Regulations

sections 301.7701·2 and 301.7701·3? If "Yes," complete Schedule R, Part I

34 Was the organization related to any tax-exempt or taxable entity?

If "Yes," complete Schedule R, Parts II, Ill, IV, and V, /me 1

35 Is any related organ1zat1on a controlled entity within the meaning of section 512(b)(13)?

If "Yes," complete Schedule R, Part V, /me 2

36 Section 501 (c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization?

If "Yes," complete Schedule R, Part V. /me 2

37 Did the organization conduct more than 5% of its act1v1t1es through an entity that 1s not a related organ1zat1on

and that 1s treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI

38 Did the organ1zat1on complete Schedule O and provide explanations 1n Schedule O for Part VI, lines 11 and 19?

Note. All Form 990 filers are reau1red to comolete Schedule 0.

932004 02-04-10

4

Yes No

21 x

22 x

23 x

24a x 24b

24c

24d

25a x

25b x

26 x

27 x

28a x 28b x

28c x 29 x

30 x

31 x

32 x

33 x

34 x

35 x

36 x

37 x

38 x Form 990 (2009)


Form 990 (2009l Freedornworks Foundation, Inc. 52-1526916 Paoe5 I P-art V l Statements Regarding Other IRS Filings and Tax Compliance

1 a Enter the number reported 1n Box 3 of Form 1096, Annual Summary and Transmittal of

U.S. Information Returns. Enter -0· 1f not applicable l--'1~a-+-------2-1 b Enter the number of Forms W·2G included 1n line 1 a. Enter ·O· 1f not applicable ~1_b~ _______ O_, c Did the organization comply with backup w1thhold1ng rules for reportable payments to vendors and reportable gaming

(gambling) w1nn1ngs to pnze winners?

2a Enter the number of employees reported on Form W·3, Transmittal of Wage and Tax Statements,

filed for the calendar year ending with or w1th1n the year covered by this return

b If at least one IS reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1 a and 2a 1s greater than 250, you may be required to e-f1/e this return. (see 1nstruct1ons)

3a Did the organ1zat1on have unrelated business gross income of $1,000 or more during the year covered by this return?

b If 'Yes,' has 1t filed a Form 990-T for this year? If "No," provide an explanation tn Schedule O

4a At any time dunng the calendar year, did the organization have an interest 1n, or a signature or other authority over, a

f1nanc1al account 1n a foreign country (such as a bank account, securities account, or other f1nanc1al account)?

b If "Yes,' enter the name of the foreign country:~--------------------------See the instructions for exceptions and filing requirements for Form TD F 90·22.1 , Report of Foreign Bank and

F1nanc1al Accounts.

5a Was the organ1zat1on a party to a proh1b1ted tax shelter transaction at any time during the tax year?

b Did any taxable party notify the organ1zat1on that 1t was or 1s a party to a proh1b1ted tax shelter transaction?

c If "Yes,' to line Sa or Sb, did the organ1zat1on file Form 8886-T, Disclosure by Tax-Exempt Entity Regarding Proh1b1ted

Tax Shelter Transaction?

6a Does the organ1zat1on have annual gross receipts that are normally greater than $100,000, and did the organ1zat1on solicit

any contnbut1ons that were not tax deductible?

b If 'Yes,' did the organ1zat1on include with every sohc1tat1on an express statement that such contributions or gifts

were not tax deductible?

7 Organizations that may receive deductible contributions under section 170(c).

a Did the organization receive a payment in excess of $75 made partly as a contnbut1on and partly for goods and services

provided to the payor?

b If "Yes,' did the organization notify the donor of the value of the goods or services provided?

c Did the organ1zat1on sell, exchange, or otherwise dispose of tangible personal property for which 1t was required

to file Form 8282?

d If "Yes," indicate the number of Forms 8282 filed during the year I 1d I e Did the organ1zat1on, during the year, receive any funds, directly or indirectly, to pay premiums on a personal

benefit contract?

f Did the organ1zat1on, during the year, pay premiums, directly or 1nd1rectly, on a personal benefit contract?

g For all contributions of qualified intellectual property, did the organ1zat1on file Form 8899 as required?

h For contributions of cars, boats, airplanes, and other vehicles, did the organ1zat1on file a Form 1098·C as required?

8 Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the

supporting organization, or a donor advised fund ma1nta1ned by a sponsoring organization, have excess business holdings

at any time during the year?

9 Sponsoring organizations maintaining donor advised funds.

a Did the organ1zat1on make any taxable d1stnbut1ons under section 4966?

b Did the organization make a d1stnbut1on to a donor, donor advisor, or related person?

10 Section 501 (c)(7) organizations. Enter:

a ln1t1at1on fees and capital contributions included on Part VIII, line 12 I 1oa I b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club fac11it1es 10b

11 Section 501 (c)(12) organizations. Enter:

0

a Gross income from members or shareholders t-1_1_a-+--------t 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"'bc....,.. ______ --1

12a Section 494 7(a)(1) non-exempt charitable trusts. Is the organ1zat1on filing Form 990 1n lieu of Form 1041?

b If "Yes" enter the amount of tax·exemot interest received or accrued dunno the vear I 12b I

932005 02-04-10

5

Yes No

1c

2b

3a x 3b

4a x

5a x 5b x

5c

6a x

6b

7a x 7b x

7c x

7e x 7f x 7a

7h

8

9a

9b

12a

Form 990 (2009)

11450525 739466 FWFoundation 2009.03030 Freedornworks Foundation, In FWFOUNDl

Form990 2009 FreedornWorks Foundation Inc. 52-1526916 Pa e6

Part VI Governance, Management, and Disclosure For each "Yes" response to Imes 2 through lb below, and fora "No" response to ltne Ba, Bb, or 1 Ob below, descnbe the c1rcumstances, processes, or changes tn Schedule 0. See tnstruct1ons

Section A. Governing Body and Manaaement

1 a Enter the number of voting members of the governing body I 1 a I t---+--------,=-1

b Enter the number of voting members that are independent I 1 b I 7 5

L.....C..CC.--L--------i

2 Did any officer, director, trustee, or key employee have a family relat1onsh1p or a business relat1onsh1p wrth any other

officer, director, trustee, or key employee?

3 Did the organ1zat1on delegate control over management duties customanly performed by or under the direct superv1s1on

of officers, directors or trustees, or key employees to a management company or other person?

4 Did the organ1zat1on make any s1gn1f1cant changes to its organizational documents since the prior Form 990 was filed?

5 Did the organ1zat1on become aware during the year of a material d1vers1on of the organization's assets?

6 Does the organization have members or stockholders?

7a Does the organ1zat1on have members, stockholders, or other persons who may elect one or more members of the governing body?

b Are any dec1s1ons of the governing body subJect to approval by members, stockholders, or other persons?

8 Did the organ1zat1on contemporaneously document the meetings held or written actions undertaken during the year

by the following:

a The governing body?

b Each committee with authority to act on behalf of the governing body?

9 Is there any officer, director, trustee, or key employee listed 1n Part VII, Section A, who cannot be reached at the

oraan1zat1on's ma11ina address? If "Yes "orov1de the names and addresses tn Schedule O

Section B. Policies (This Section B reauests mformat1on about policies not reau1red by the Internal Revenue Code J

10a Does the organ1zat1on have local chapters, branches, or affiliates?

b If "Yes," does the organ1zat1on have written policies and procedures governing the act1v1t1es of such chapters, aff1l1ates,

and branches to ensure their operations are consistent with those of the organ1zat1on? 11 Has the organization provided a copy of this Form 990 to all members of its governing body before f1l1ng the form?

11A Describe in Schedule O the process, 1f any, used by the organ1zat1on to review this Form 990.

12a Does the organ1zat1on have a wntten conflict of interest policy? If "No," go to ltne 13

b Are officers, directors or trustees, and key employees required to disclose annually interests that could give nse

to conflicts?

c Does the organ1zat1on regularly and consistently monitor and enforce compliance with the policy? If "Yes," descnbe

tn Schedule O how this is done

13 Does the organization have a wntten wh1stleblower policy?

14 Does the organ1zat1on have a written document retention and destruction policy?

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 deliberation and dec1s1on?

a The organ1zat1on's CEO, Executive Director, or top management off1c1al

b Other officers or key employees of the organ1zat1on

If "Yes' to line 15a or 15b, describe the process 1n Schedule 0. (See instructions.)

16a Did the organization invest 1n, contribute assets to, or part1c1pate 1n a Joint venture or s1m1lar arrangement with a

taxable entity during the year?

b If 'Yes,' has the organization adopted a wntten policy or procedure requiring the organ1zat1on to evaluate its part1c1pat1on

1n Joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organ1zat1on's

exemot status with resoect to such arranoements?

Section C. Disclosure

Yes No

2 x

3 x 4 x 5 x 6 x

7a x 7b x

Ba x Sb x

9 x

Yes No 10a x

10b

11 x

12a x

12b x

12c x 13 x 14 x

15a x 15b x

16a x

16b

17 List the states with which a copy of this Form 990 1s required to be filed ~AL, AK, AR, AZ , CA, CO, CT, DE, FL, GA, HI , ID 18 Section 6104 requires an organ1zat1on to make its Forms 1023 (or 1024 1f applicable), 990, and 990·T (501 (c)(3)s only) available for

public 1nspect1on. Indicate how you make these available. Check all that apply.

D Own website [X] Another's website [XJ Upon request

19 Describe in Schedule O whether (and 1f so, how), the organ1zat1on makes its governing documents, conflict of interest policy, and f1nanc1al

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 organization: .... ___ _

The Organization - 202-783-3870 601 Pennsylvania Ave., NW, N. Bldg., Ste 700, Washington, DC 20004

932006 02-04·10

11450525

See Schedule O for full list of states 6

739466 FWFoundation 2009.03030 Freedornworks Foundation,

Form 990 (2009)

In FWFOUNDl

Form990 2009 Freedomworks Foundation Inc. 52-1526916 Pa e7 Part VH Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated

Employees, and Independent Contractors Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1 a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or w1th1n the organ1zat1on's tax year. Use Schedule J·2 1f add1t1onal space 1s needed.

• l.lst all of the organ1zat1on's current officers, directors, trustees (whether 1nd1v1duals or organizations), regardless of amount of compensation. Enter -0· 1n columns (D), (E), and (F) 1f no compensation was paid.

• List all of the organization's current key employees. See 1nstruct1ons for def1n1t1on of 'key employee.' • List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable

compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.

• 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 organization and any related organ1zat1ons.

• List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organ1zat1on, more than $10,000 of reportable compensation from the organ1zat1on and any related organizations. List persons In the following order: 1nd1v1dual trustees or directors; 1nst1tut1onal trustees; officers; key employees; highest compensated employees; and former such persons.

D Ch k h b f h ff d ec t 1s ox I t e oroan1zat1on did not compensate anv current o 1cer, 1rec or or trus ee.

(AJ (BJ (CJ (DJ (EJ (F)

Name and Title Average Pos1t1on Reportable Reportable Estimated hours (check all that apply) compensation compensation amount of

per B

from from related other week the organ1zat1ons compensation

'5 ll 6

! I, organization (W·2/1099-MISC) from the

! l (W·2/1099·MISC) organization 1! and related ~ 0 f a I jj.2 ~ organ1zat1ons I !I ~ ~r .f

Matt Kibbe President 23.00 x x 154,853. 115,302. 37,942. Hon. Richard K. Armey Chairman 20.00 x 250,000. 250,000. o. Ted Abram Board Member 1.00 x 0. 0. 0. Steve Forbes Board Member 1.00 x o. 0. o. Robert Lansing Board Member 1.00 x 0. 0. 0. Frank Sands Board Member 1.00 x o. 0. o. Hon. c. Boyden Gray Board Member 1.00 x 0. 0. 0. Judith Mulcahy VP of Operations/Treasur 20.00 x 68,959. 68,959. 33,648. Wayne Brough VP of Research/Secretary 23.00 x 70,168. 52,246. 27,988. Max Pappas VP of Public Policy 23.00 x 76,624. 57,053. 18,223. Mary Byrne VP of Development 23.00 x 84,006. 62,550. 7,360. Richard walker NW Reqional Director 23.00 x 64,280. 47,863. 25,037. John Jordan VP Fed. & State campaiqn 23.00 x 63,276. 47,115. 14,402.

932007 02·04· 10 Form 990 (2009) 7


Form 990 12009) Freedomworks Foundation, Inc. 52-1526916 Paae8 I Part VHl Section A. Officers. Directors Trustees Kev Emolovees and Hiahest Compensated Emoloyees (continued)

(A) (B) (C) (0) (E) (F)

Name and title Average Pos1t1on Reportable Reportable Estimated hours (check all that apply) compensation compensation amount of per

B from from related other

week the organ 1zat1ons compensation 'B " a

! J!l organ1zat1on r,N·2/1099·M ISC) from the

! i? r,N·2/1099·MISC) organization ~ ! §l and related ! 0 f I a ; j.E I organ1zat1ons ~ ~ ~~

1 b Total ..... 832,166 . 701,088. 164,600. 2 Total number of ind1v1duals (including but not l1m1ted to those listed above) who received more than $100,000 1n reportable

f h t ..... comoensat1on rom t e oraaniza ion 2 Yes No

3 Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on

line 1 a? If "Yes," complete Schedule J for such mdtvtdual 3 x 4 For any 1nd1v1dual listed on line 1a, 1s the sum of reportable compensation and other compensation from the organ1zat1on

and related organ1zat1ons greater than $150,000? If "Yes," complete Schedule J for such mdtvtdual 4 x 5 Did any person listed on line 1 a receive or accrue compensation from any unrelated organ1zat1on for services rendered to

the oraanizat1on? If "Yes " comolete Schedule J for such oerson 5 x Section B. Independent Contractors

1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from

the oroan1zat1on.

(A) (B) (C) Name and business address Descnpt1on of services Compensation

Capitol services Inc., 108 N. Virginia Event planners -Avenue, Falls Church, VA 22046 9/12 Event 216,775. Morgan Meredith & Associates, Inc. Printing/mailing 2875 Towerview Road, Herndon, VA 20171 ,direct mail services 181,616. Kevin Mannix PLC 2003 State Street, Salem, OR 97301 Leqal services 154,000.

2 Total number of independent contractors (1nclud1ng but not limited to those listed above) who received more than

$100 000 ,n comoensat1on from the oraan1zat1on ..... 3 Form 990 (2009)

932008 02-04-10

8 11450525 739466 FWFoundation 2009.03030 Freedomworks Foundation, In FWFOUNDl

Form 990 (2009) FreedomWorks Foundation, Inc. I Part VIII I Statement of Revenue .

Cllcn 1 a Federated campaigns 1a --Cc ca :::, b Membership dues 1b .. 0 °!e c Fundra1sing events 1c ~~ aica d Related organizations 1d cn'e e Government grants (contnbut1ons) 1e C·-OCII

f All other contr1but1ons, gifts, grants. and ·-.. -GI ~.c s1m1lar amounts not included above 1f 3931825. :so C'tl g Noncash contnbut,ons included m lines 1 a-1t S oc

O ca h Total. Add lines 1a-1f ..... Business Code

GI 2 a u ·~ GI b GI :::, (l)c c E~

d ca GI

olX e e Q, f All other program service revenue

a Total. Add lines 2a-2f ..... 3 Investment income (including d1v1dends, interest, and

other s1m1lar amounts) ..... 4 Income from investment of tax-exempt bond proceeds ..... 5 Royalties .....

(1) Real 00 Personal

6 a Gross Rents 115,790. b Less: rental expenses

c Rental income or (loss) 115,790. d Net rental income or (loss) .....

7 a Gross amount from sales of (1) Securities (11) Other

assets other than inventory 423,975. b Less: cost or other basis

and sales expenses 423,048. c Gain or (loss) 927. d Net gain or (loss) .....

GI 8 a Gross income from fundra1s1ng events (not :::,

1nclud1ng $ c of GI > contributions reported on line 1 c). See GI a: .. Part IV, line 18 a GI .c b Less: direct expenses b 5

c Net income or (loss) from fundra1s1ng events ..... 9 a Gross income from gaming act1v1t1es. See

Part IV, line 19 a

b Less: direct expenses b

c Net income or (loss) from gaming act1v1t1es ..... 10 a Gross sales of inventory, less returns

and allowances a

b Less: cost of goods sold b

c Net income or (loss\ from sales of 1nventorv ..... Miscellaneous Revenue Business Code

11 a Other income 900099 b

c

d All other revenue

e Total. Add lines 11 a-11 d ..... 12 Total revenue. See mstruct1ons .....

932009 02-04-10

(Al Total revenue

3,931,825 •

36,819 •

115,790 •

927 •

74,543.

74,543 • 4,159,904.

9

52-1526916 Page9

(Bl (Cl (Dl Related or Unrelated Revenue

excluded from exempt function business tax under

revenue revenue sections 512, 513,or514

36,819.

115,790.

927.

74,543.

74,543. 0 • 153,536. Form 990 (2009)


Form 990 2009 Freedomworks Foundation Inc. 5 2 -15 2 6 9 16 Pa e 10 Part IX Statement of Functional Expenses

Section 501 (c)(3) and 501 (c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).

Do not include amounts reported on lines 6b, (A) (B) (C) (D)

7b, 8b, 9b, and 10b of Part VIII. Total expenses Program service Management and Fundra1s1ng exoenses aeneral exoenses expenses

1 Grants and other assistance to governments and

organizations m the US See Part IV, line 21

2 Grants and other assistance to 1nd1v1duals 1n

the U S. See Part IV, line 22

3 Grants and other assistance to governments,

organ1zat1ons, and 1nd1v1duals outside the U.S.

See Part IV, lines 15 and 16

4 Benefits paid to or for members

5 Compensation of current officers, directors,

trustees, and key employees 598,596. 482,757. 37,547. 78,292. 6 Compensation not included above, to d1squal1f1ed

persons (as defined under section 4958(f)(1 )) and

persons descnbed m section 4958(c)(3)(B)

7 Other salaries and wages 733,987. 516,918. 67,356. 149,713. 8 Pension plan contnbut1ons (include section 401 (k)

and section 403(b) employer contnbut1ons) 5,670. 3,993. 520. 1,157. 9 Other employee benefits 52,347. 36,866. 4,804. 10,677.

10 Payroll taxes 68,324. 48,117. 6,270. 13,937. 11 Fees for services (non·employees):

a Management

b Legal 165,420. 156,986. 3,678. 4,756. c Accounting 103,210. 97,947. 2,295. 2,968. d Lobbying

e Professional fundra1smg services See Part IV, lme 17 62,250. 62,250. f Investment management fees

g Other 275,451. 261,407. 6,124. 7,920. 12 Advert1s1ng and promotion 113,175. 113,082. 29. 64. 13 Office expenses 356,333. 226,612. 7,270. 122,451. 14 Information technology 59,322. 44,773. 4,515. 10,034. 15 Royalties

16 Occupancy 419,786. 295,846. 38,458. 85,482. 17 Travel 238,335. 231,201. 109. 7,025. 18 Payments of travel or entertainment expenses

for any federal, state, or local public officials

19 Conferences, conventions, and meetings 42,045. 41,318. 16. 711. 20 Interest

21 Payments to affiliates

22 Deprec1at1on, depletion, and amort1zat1on 24,604. 17,328. 2,258. 5,018. 23 Insurance 25,542. 15,529. 7,305. 2,708. 24 Other expenses Itemize expenses not covered

above (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on lme 25 below )

a Miscellaneous 67,760. 30,797. 2,380. 34,583. b Novelties 51,656. 50,881. 775. c Direct mail costs 43,418. 27,548. 15,870. d Dues 30,166. 29,744. 340. 82. e PhotograQhy 17,232. 17,232. f All other expenses

25 Total functional expenses. Add Imes 1 throuah 24f 3,554,629. 2,746,882. 191,274. 616,473. 26 Joint costs. Check here ~ 00 1f following

SOP 98-2 Complete this lme only 1f the organization

reported m column (B) 1omt costs from a combined

educational camoa1an and fundra1sma sal1c1tat1on 295,459. 76,563. 0. 218,896. 932010 02-04-10 Form 990 (2009)


Form 990 (2009) Freedomworks Foundation, Inc. 5 2 -1526916 I Part X I Balance Sheet

(A) (B) Beg1nn1ng of year End of year

1 Cash · non·1nterest·bearing 892,638. 1 1,632,020. 2 Savings and temporary cash investments 178. 2 35. 3 Pledges and grants receivable, net 153,500. 3 62,500. 4 Accounts receivable, net 4

5 Receivables from current and former officers, directors, trustees, key

employees, and highest compensated employees. Complete Part II of Schedule L 5

6 Receivables from other d1squalif1ed persons (as defined under section

4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete

Part II of Schedule L 6 Ill 7 Notes and loans receivable, net 7 -QI

8 Ill lnventones for sale or use 8 Ill cC 9 Prepaid expenses and deferred charges 7,617. 9 4,427.

10a Land, bu1ld1ngs, and equipment: cost or other

basis. Complete Part VI of Schedule D 10a

b Less: accumulated deprec1at1on 10b 10c 11 Investments· publicly traded securities 162,178. 11 5,592. 12 Investments· other securities. See Part IV, hne 11 1,305,716. 12 1,072,115. 13 Investments· program-related. See Part IV, line 11 13 14 Intangible assets 14

15 Other assets. See Part IV, line 11 15

16 Total assets. Add lines 1 throuah 15 lmust eaual line 34) 2,521.827. 16 2,776,689. 17 Accounts payable and accrued expenses 17

18 Grants payable 18

19 Deferred revenue 19

20 Tax·exempt bond hab1l1t1es 20 Ill 21 Escrow or custodial account l1ab1hty. Complete Part IV of Schedule D 21 QI

i 22 Payables to current and former officers, directors, trustees, key employees, :s highest compensated employees, and d1squahf1ed persons. Complete Part II ca :::i of Schedule L 22

23 Secured mortgages and notes payable to unrelated third parties 23

24 Unsecured notes and loans payable to unrelated third parties 24

25 Other hab1ht1es. Complete Part X of Schedule D 788,613. 25 616,535. 26 Total liabilities. Add lines 17 throuah 25 788,613. 26 616,535.

Organizations that follow SFAS 117, check here ~ 00 and complete Ill lines 27 through 29, and lines 33 and 34. QI u 27 Unrestricted net assets 273,998. 27 1,025,539. c ca 1,459,216. 1,134,615. ca 28 Temporanly restncted net assets 28 cc

"t, 29 Permanently restncted net assets 29 c

Oand :::, Organizations that do not follow SFAS 117, check here ~ u. .. complete lines 30 through 34. 0 Ill

30 Capital stock or trust principal, or current funds 30 -QI Ill

31 Pa1d·1n or capital surplus, or land, bu1ld1ng, or equipment fund 31 ~ - 32 Retained earnings, endowment, accumulated income, or other funds 32 QI

z 33 Total net assets or fund balances 1,733,214. 33 2,160,154. 34 Total hab1ht1es and net assets/fund balances 2,521,827. 34 2,776,689.

Form 990 (2009)

932011 02·04· 10


Form 990 {2009) Freedomworks Foundation. Inc. 52-1526916 Paae 12 I Part XI l Financial Statements and Reoorting

Yes No

1 Accounting method used to prepare the Form 990: Dcash 00 Accrual D Other

If the organization changed rts method of accounting from a pnor year or checked 'Other,' explain 1n Schedule 0. 2a Were the organization's financial statements compiled or reviewed by an independent accountant? 2a x

b Were the organization's financial statements audited by an independent accountant? 2b x c If 'Yes' to line 2a or 2b, does the organization have a committee that assumes respons1b11ity for oversight of the audit,

review, or comp1lat1on of rts financial statements and selection of an independent accountant? 2c x If the organization changed either its oversight process or selection process dunng the tax year, explain in Schedule 0.

d If 'Yes' to line 2a or 2b, check a box below to 1nd1cate whether the financial statements for the year were issued on a

consolidated basis, separate basis, or both:

D Separate basis D Consolidated basis 00 Both consolidated and separate basis

3a As a result of a federal award, was the organ1zat1on required to undergo an audit or audits as set forth 1n the Single Audit

Act and OMB Circular A·133? 3a x b If 'Yes,' did the organization undergo the required audit or audits? If the organ1zat1on d1d not undergo the required audit

or audits explain whv 1n Schedule O and describe anv steps taken to underao such audits. 3b Form 990 (2009)

932012 02-04-10


SCHEDULE A (Form 990 or 990-EZ)

Department of the Treasury Internal Revenue Service

Public Charity Status and Public Support Complete if the organization is a section 501 (c)(3) organization or a section

4947(a)(1) nonexempt charitable trust. .... Attach to Form 990 or Form 990-EZ. .... See separate instructions.

OMB No 1545-0047

2009 Open to Public

fnspeetlon Name of the organization Employer identification number

FreedornWorks Foundation Inc. Part l Reason for Public Charity Status (All organ1zat1ons must complete this part.) See 1nstruct1ons.

The organ1zat1on is not a private foundation because 1t 1s: (For lines 1 through 11, check only one box.)

1 D A church, convention of churches, or assoc1at1on of churches described 1n section 170(b)(1)(A)(i).

2 D A school described 1n section 170(b)(1)(A)(ii). (Attach Schedule E.)

3 D A hospital or a cooperative hospltal service organ1zat1on descnbed 1n section 170(b)(1 )(A)(iii).

52-1526916

4 D A medical research organization operated In conJunct1on with a hospital descnbed 1n section 170(b)(1)(A)(iii). Enter the hospital's name,

city, and state=-------------------------------------------5 D An organ1zat1on operated for the benefit of a college or un1vers1ty owned or operated by a governmental unit described 1n

section 170(b)(1)(A)(iv). (Complete Part II.)

6 D A federal, state, or local government or governmental unit described 1n section 170(b)(1 )(A)(v).

7 CXJ An organ1zat1on that normally receives a substantial part of its support from a governmental unit or from the general public descnbed 1n

section 170(b)(1)(A)(vi). (Complete Part II.)

8 D A community trust described 1n section 170(b)(1)(A)(vi). (Complete Part II.)

9 D An organ1zat1on that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from

act1v1t1es related to 1ts exempt functions· subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment

income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organ1zat1on after June 30, 1975

See section 509(a)(2). (Complete Part Ill.)

10 D An organ1zat1on organized and operated exclusively to test for public safety. See section 509(a)(4).

11 D An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or

more publicly supported organizations descnbed 1n section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box that

describes the type of supporting organ1zat1on and complete lines 11 e through 11 h.

a D Type I b D Type II c D Type Ill - Functionally integrated d D Type Ill· Other

e D By checking this box, I certify that the organ1zat1on 1s not controlled directly or 1nd1rectly by one or more d1squalif1ed 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).

g

If the organ1zat1on received a wntten determ1nat1on from the IRS that 1t 1s a Type I, Type II, or Type Ill

supporting organ1zat1on, check this box

Since August 17, 2006, has the organ1zat1on accepted any gift or contribution from any of the following persons? D

(i) A person who directly or 1nd1rectly controls, either alone or together with persons descnbed in (11) and (111) below,

the governing body of the supported organization?

Yes No

(ii) A family member of a person described 1n (1) above?

(iii) A 35% controlled entity of a person described In (1) or (11) above?

h Provide the following 1nformat1on about the supported organizat1on(s).

(I) Name of supported (II) EIN (Ill) Type of Iv) Is the organization

organization organ1zat1on n col (I) listed m your

(described on Imes 1-9 above or IRC section

governing document?

(see Instructions)) Yes No

Total

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for

Form 990 or 990-EZ.

932021 02-08-10

13

(v) Did you notify the (vi) Is the (vii) Amount of organization m col organization m col

support (i) organized m the (I) of your support? US?

Yes No Yes No

Schedule A (Form 990 or 990-EZ) 2009


ScheduleA Form990or990·E 2009 FreedomWorks Foundation Inc. 52-1526916 Pa e2 Part H Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)

(Complete only If you checked the box on line 5, 7, or 8 of Part I.)

Section A. Public Support Calendar year (or fiscal year beginning m) .... (al 2005 (bl 2006 (cl 2007 Id\ 2008 (el 2009

1 Gifts, grants, contnbut1ons, and

membership fees received. (Do not

include any 'unusual grants.') 3684002. 4157870. 4010100. 2936908. 2 Tax revenues levied for the organ·

1zat1on's benefit and either paid to

or expended on its behalf

3 The value of services or fac11it1es

furnished by a governmental unit to

the organ1zat1on without charge

4 Total. Add lines 1 through 3 3684002. 4157870. 4010100. 2936908. 5 The portion of total contributions

by each person (other than a

governmental unit or publicly

supported organization) included

on line 1 that exceeds 2% of the

amount shown on line 11,

column (f)

6 Public sunnort. Subtract line 5 from line 4

Section B. Total Support Calendar year (or fiscal year begmnmg m) .... (al 2005 (bl 2006 (cl 2007 (d\ 2008 (el 2009

7 Amounts from line 4 3684002. 4157870. 4010100. 2936908. 8 Gross income from interest,

d1v1dends, payments received on

securities loans, rents, royalties

and income from s1m1lar sources 145,567. 266,363. 190,851. 211,752. 9 Net income from unrelated business

act1vrt1es, whether or not the

business 1s regularly earned on

10 Other income Do not include gain

or loss from the sale of capital

assets (Explain In Part IV.) 6,606. 214. 500. 11 Total support. Add Imes 7 through 10

12 Gross receipts from related act1v1t1es, etc. (see 1nstruct1ons) 12 I 13 First five years. If the Form 990 1s for the organ1zat1on's first, second, third, fourth, or fifth tax year as a section 501 (c}(3)

organization, check this box and stop here Section C. Computation of Public Support Percentage 14 Public support percentage for 2009 (line 6, column (f) d1v1ded by line 11, column (f))

15 Public support percentage from 2008 Schedule A, Part II, line 14

14

15

ltl Total

14788880.

14788880.

6733969. 8054911.

(fl Total 14788880.

814,533.

7,320. 15610733.

51.60 % 59.89 %

16a 33 1/3% support test - 2009.lf the organ1zat1on did not check the box on line 13, and line 14 IS 33 1/3% or more, check this box and

stop here. The organ1zat1on qualifies as a publicly supported organ1zat1on .... [X] b 33 1/3% support test - 2008.lf the organ1zat1on did not check a box on line 13 or 16a, and line 15 1s 33 1/3% or more, check this box

and stop here. The organ1zat1on qualifies as a publicly supported organ1zat1on .... D 17a 10% -facts-and-circumstances test - 2009. If the organ1zat1on did not check a box on line 13, 16a, or 16b, and line 14 1s 10% or more,

and 1f the organization meets the 'facts·and·c1rcumstances' test, check this box and stop here. Explain In Part IV how the organ1zat1on

meets the 'facts·and·c1rcumstances' test. The organ1zat1on qual1f1es as a publicly supported organization

b 10% -facts-and-circumstances test - 2008.lf the organ1zat1on d1d not check a box on line 13, 16a, 16b, or 17a, and line 15 1s 10% or

more, and 1f the organ1zat1on meets the 'facts·and-c1rcumstances' test, check this box and stop here. Explain in Part IV how the

organization meets the 'facts·and·c1rcumstances' test. The organ1zat1on qualifies as a publicly supported organ1zat1on .... D 18 Private foundation. If the organ1zat1on did not check a box on line 13, 16a, 16b 1 17a, or 17b 1 check this box and see 1nstruct1ons .... D

932022 02-08-10

11450525 739466 FWFoundation


14 2009.03030 Freedomworks Foundation, In FWFOUNDl

Schedule A Form 990 or 990· 2009 Pa e 3

Part HI Support Schedule for Organizations Described in Section 509(a)(2) Com lete onl 1f ou checked the box on line 9 of Part I Section A. Public Support Calendar year (or fiscal year beginning in) .... la) 2005 lb) 2006 (c) 2007 Id\ 2008 le) 2009 (f) Total

1 Gifts, grants, contnbut1ons, and

membership fees received. (Do not

include any 'unusual grants.')

2 Gross receipts from adm1ss1ons, merchandise sold or services per· formed, or fac11it1es furnished 1n any act1v1ty that 1s related to the organ1zat1on's tax-exempt purpose

3 Gross receipts from act1v1t1es that

are not an unrelated trade or bus· 1ness under section 513

4 Tax revenues levied for the organ·

1zat1on's benefit and either paid to

or expended on its behalf

5 The value of services or fac1lrt1es

furnished by a governmental unit to the organization without charge

6 Total. Add lines 1 through 5

7a Amounts included on lines 1, 2, and

3 received from d1squalif1ed persons b Amounts included on lines 2 and 3 received

from other than disqualified persons that

exceed the greater of $5,000 or 1 % of the amount on line 13 for the year

c Add lines 7a and 7b

8 Public SUDDOrt 1Subtracthne7cfroml1ne6l

Section 8. Total Support Calendar year (or fiscal year beginning in) .... (a) 2005 (bl 2006 (c) 2007 Id\ 2008 (e) 2009 (fl Total

9 Amounts from line 6 1 Oa Gross income from interest,

d1v1dends, payments received on securities loans, rents, royalties and income from s1m1lar sources

b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30. 1975

c Add lines 1 Oa and 1 Ob 11 Net income from unrelated business

act1v1t1es not included in line 1 Ob, whether or not the business 1s regularly earned on

12 Other income Do not include gain or loss from the sale of capital assets (Explain 1n Part IV.)

13 Total support (Add lines 9, 10c, 11, and 12)

14 First five years. If the Form 990 1s for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3) organization,

check this box and stop here

Section C. Com utation of Public Su ort Percenta e 15 Public support percentage for 2009 (line 8, column (f) d1v1ded by line 13, column (f))

16 Public su ort ercenta e from 2008 Schedule A Part Ill, line 15

17 Investment income percentage for 2009 (line 1 Oc, column (f) d1v1ded by line 13, column (f))

18 Investment income percentage from 2008 Schedule A, Part Ill, line 17

15

16

17

18

19a 33 1/3% support tests - 2009. If the organization did not check the box on line 14, and line 15 IS more than 33 1/3%, and line 17 1s not

more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organ1zat1on

b 33 1/3% support tests - 2008. If the organ1zat1on d1d not check a box on line 14 or line 19a, and line 16 1s more than 33 1/3%, and

line 18 1s not more than 33 1/3%, check this box and stop here. The organ1zat1on 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

%

%

%

%


932023 0~-08· 10


OMB No 1545-0047 Schedule D (Form 990)

Supplemental Financial Statements .... Complete if the organization answered "Yes," to Form 990,

Part IV, line 6, 7, 8, 9, 10, 11, or 12. 2009

Department of the Treasury Internal Revenue Service .... Attach to Form 990 ..... See separate instructions.

OPWt t<> Public ln:JPec;ition

Name of the organization Employer identification number Freedomworks Foundation Inc. 52-1526916

Part f Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete 1f the

organization answered 'Yes' to Form 990 Part IV line 6 . (a) Donor advised funds (b) Funds and other accounts

1 Total number at end of year

2 Aggregate contnbut1ons to (during year)

3 Aggregate grants from (during year)

4 Aggregate value at end of year

5 Did the organ1zat1on inform all donors and donor advisors 1n writing that the assets held 1n donor advised funds

are the organ1zat1on's property, subject to the organ1zat1on's exclusive legal control?

6 Did the organ1zat1on inform all grantees, donors, and donor advisors 1n wnting that grant funds can be used only

for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring

1m erm1ss1ble nvate benefit? Part U Conservation Easements. Complete 1f the or9an1zat1on answered 'Yes' to Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organ1zat1on (check all that apply).

Dves

Oves

D Preservation of land for public use (e.g., recreation or pleasure) D Preservation of an historically important land area

D Protection of natural habitat D Preservation of a cert1f1ed historic structure

D Preservation of open space

0No

0No

2 Complete lines 2a through 2d 1f the organization held a qualified conservation contribution 1n the form of a conservation easement on the last

day of the tax year. Held at the End of the Tax Year

a Total number of conservation easements

b Total acreage restricted by conservation easements

c Number of conservation easements on a cert1f1ed historic structure included 1n (a)

d Number of conservation easements included 1n (c) acquired after 8/17 /06

2a

2b

2c

2d

3 Number of conservation easements modified, transferred, released, ext1ngu1shed, or terminated by the organ1zat1on during the tax year .... ______ _

4 Number of states where property subject to conservation easement IS located ....

5 Does the organ1zat1on have a written policy regarding the periodic monitoring, inspection, handling of

Oves v1olat1ons, and enforcement of the conservation easements It holds?

Staff and volunteer hours devoted to monitoring, 1nspect1ng, and enforcing conservation easements during the year .... 6 7

8

Amount of expenses incurred 1n monitoring, inspecting, and enforcing conservation easements during the year .... $ ______ _

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(BW)

and section 170(h)(4)(8)(11)? Dves

0No

0No

9 In Part XIV, describe how the organization reports conservation easements 1n its revenue and expense statement, and balance sheet, and

include, 1f applicable, the text of the footnote to the organ1zat1on's financial statements that describes the organ1zat1on's accounting for

conservation easements. I Part m j Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.

Complete 1f the organ1zat1on answered 'Yes' to Form 990, Part IV, line 8.

1 a If the organ1zat1on elected, as permitted under SFAS 116, not to report 1n its revenue statement and balance sheet works of art, historical

treasures, or other s1m1lar assets held for public exh1b1t1on, education, or research 1n furtherance of public service, provide, 1n Part XIV, the text of

the footnote to its f1nanc1al statements that describes these items.

b If the organ1zat1on elected, as permitted under SFAS 116, to report 1n its revenue statement and balance sheet works of art, historical treasures,

or other s1m1lar assets held for public exh1b1t1on, education, or research 1n furtherance of public service, provide the following amounts relating to

these items·

(i) Revenues included in Form 990, Part VIII, line 1

(ii) Assets included In Form 990, Part X

.... $ ________ _

.... $ ________ _

2 If the organ1zat1on received or held works of art, historical treasures, or other similar assets for f1nanc1al gain, provide

the following amounts required to be reported under SFAS 116 relating to these Items:

a Revenues included 1n Form 990, Part VIII, line 1

b Assets included 1n Form 990, Part X

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. 932051 02-01-10

20

.... $ ----------.... $ ________ _

Schedule D (Form 990) 2009


Schedule Form990 2009 FreedornWorks Foundation Inc. 52-1526916 Pa e2 PartUI Or anizations Maintainin Collections of Art Historical Treasures or Other Similar Assets continue

3· Using the organization's acqu1s1t1on, accession, and other records, check any of the following that are a s1gn1f1cant use of its collection rtems (check all that apply):

a D Public exh1brt1on d D Loan or exchange programs b D Scholarly research

c D Preservation for future generations

e D Other ____________________ _

4 Provide a descnpt1on of the organization's collections and explain how they further the organ1zat1on's exempt purpose In Part XIV.

5 Dunng the year, did the organ1zat1on solicit or receive donations of art, historical treasures, or other similar assets

to be sold to raise funds rather than to be ma1nta1ned as art of the or anizat1on's collection? D Yes

Part IV Escrow and Custodial Arrangements. Complete 1f organ1zat1on answered 'Yes' to Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

1a Is the organization an agent, trustee, custodian or other intermediary for contnbut1ons or other assets not included

on Form 990, Part X?

b If 'Yes,' explain the arrangement 1n Part XIV and complete the following table:

c Beg1nn1ng balance

d Add1t1ons dunng the year

e D1stnbut1ons during the year

Ending balance

2a Did the organ1zat1on include an amount on Form 990, Part X, line 21?

b If 'Yes 'exnla1n the arrannement 1n Part XIV.

I Part V l Endowment Funds. Complete 1f the organization answered 'Yes' to Form 990, Part IV, line 10.

1c

1d

1e

1f

0Yes

Amount

0Yes

0No

0No

0No

(a) Current vear (b) Prior vear (c) Two vea rs back Id\ Three vea rs back (el Four vears back

1a Beg1nn1ng of year balance

b Contributions

c Net investment earnings, gains, and losses

d Grants or scholarships

e Other expenditures for fac1ht1es

and programs

f Adm1n1strat1ve expenses

g End of year balance

2 Provide the estimated percentage of the year end balance held as:

a Board designated or quasi-endowment ~ %

b Permanent endowment ~ %

c Term endowment ~ %

3a Are there endowment funds not in the possession of the organ1zat1on that are held and adm1n1stered for the organ1zat1on

by:

4

(i) unrelated organ1zat1ons

(ii) related organizations

b If 'Yes' to 3a(11), are the related organ1zat1ons listed as required on Schedule R? Describe 1n Part x f IV the intended uses of the oraan1zat1on's endowment unds.

I Part VI l Investments - Land, Buildings, and Equipment. See Form 990, Part x. line 10.

Descnpt1on of investment (a) Cost or other (b) Cost or other basis (Investment) basis (other)

1a Land

b Bu1ld1ngs

c Leasehold improvements

d Equipment

e Other

Total. Add lines 1 a throuoh 1 e. (Column frll must eaua/ Form 990 Part X column (BJ. /me 10(c).)

(c) Accumulated deprec1at1on

~

Yes No

3ali>

3aliil

3b

(d) Book value

0. Schedule D (Form 990) 2009

932052 02·01-10

11450525 739466 FWFoundation 21

2009.03030 Freedornworks Foundation, In FWFOUNDl

Schedule.D (Form 990) 2009 FreedomWorks Foundation, Inc. 52-1526916 Paoe3

I Part VIII Investments - Other Securities. See Form 990, Part X, llne 12. (a) Descnpt1on of secunty or category

(b) Book value (c) Method of valuation:

(including name of secunty) Cost or end·of·year market value

Financial denvat1ves

Closely-held equity interests 1,072,115. End-of-Year Market Value Other

Total. ICol lb) must eaual Form 990 Part X col 18\ line 12 l .... 1,072,115. I Part VIII! Investments - Proaram Related. See Form 990, Part X line 13.

(a) Description of investment type (b) Book value (c) Method of valuation:

Cost or end-of-year market value

Total. {Col {bl must eoual Form 990 Part X col 18) lme 13 l .... I Part lX I Other Assets. See Form 990, Part x. line 15.

(a) Description (b) Book value

Total. (Column (b) must eaua/ Form 990 Part X col (BJ /me 15.J .... I Part X j Other Liabilities. See Form 990, Part X, line 25.

1. (a) Descnpt1on of llab1hty (b) Amount

Federal income taxes

Due to related orqanization 616,535.

Total. (Column (b) must eaua/ Form 990 Part X col fBl /me 25.J .... 616,535 . 2. FIN 48 Footnote. In Part XIV, provide the text of the footnote to the organ1zat1on's financial statements that reports the organ1zat1on's llab1hty for

uncertain tax pos1t1ons under FIN 48. 932053 02·01-10

22 Schedule D (Form 990) 2009


Schedule.D (Form 990) 2009 Freedomworks Foundation, Inc. 52-1526916 Paoe4

I Part Xl I Reconciliation of Change in Net Assets from Form 990 to Audited Financial Statements 1· Total revenue (Form 990, Part VIII, column (A), line 12) 1 4,159,904. 2 Total expenses (Form 990, Part IX, column (A), line 25) 2 3,554,629. 3 Excess or (deficit) for the year. Subtract line 2 from line 1 3 605,275. 4 Net unrealized gains (losses) on investments 4 <178,335. 5 Donated services and use of fac11it1es 5 6 Investment expenses 6 7 Pnor penod adjustments 7 6 Other (Describe 1n Part XIV.) 8 9 Total adjustments (net). Add lines 4 through 8 9 <178,335.

10 Excess or ldefic1tl for the vear oer audited f1nanc1al statements. Combine lines 3 and 9 10 426,940. I Part XII I Reconciliation of Revenue per Audited Financial Statements With Revenue per Return

1 Total revenue, gains, and other support per audited f1nanc1al statements 1 3,981,569. 2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:

a Net unrealized gains on investments 2a <178,335. I> b Donated services and use of fac1l1t1es 2b

c Recovenes of prior year grants 2c

d Other (Describe 1n Part XIV.) 2d

e Add lines 2a through 2d 2e <178,335. 3 Subtract line 2e from line 1 3 4,159,904. 4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:

a Investment expenses not included on Form 990, Part VIII, line 7b I 4a I b Other (Descnbe 1n Part XIV.) 4b

c Add lines 4a and 4b 4c 0. 5 Total revenue. Add lines 3 and 4c. (This must eaua/ Form 990 Part I /me 12.J 5 4,159,904.

I Part XHII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return 1 Total expenses and losses per audited f1nanc1al statements 1 3,554,629. 2 Amounts included on line 1 but not on Form 990, Part IX, line 25·

a Donated services and use of fac1l1t1es 2a

b Pnor year adjustments 2b

c Other losses 2c

d Other (Describe 1n Part XIV.) 2d

e Add lines 2a through 2d 2e 0. 3 Subtract line 2e from line 1 3 3,554,629. 4 Amounts included on Form 990, Part IX, line 25, but not on line 1:

a Investment expenses not included on Form 990, Part VIII, line 7b I 4a I b Other (Descnbe 1n Part XIV.) 4b

c Add lines 4a and 4b 4c 0. 5 Total exoenses. Add lines 3 and 4c. fTh1s must eaua/ Form 990 Part I /me 18 l 5 3.554,629.

I Part XJVI Supplemental Information Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part Ill, lines 1a and 4, Part IV, lines 1 band 2b; Part V, line 4; Part

X, line 2; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any add1t1onal 1nformat1on.

932054 02·01-10

23

Schedule D (Form 990) 2009


>

>

>

SCHEl)ULEG (Form 990 or 990-EZ)

Supplemental Information Regarding Fundraising or Gaming Activities

OMB No 154~0047

2009 Department of the Treasury lntema1 Revenue Service

.... Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. Open To Public

Inspection .... Attach to Form 990 or Form 990-EZ ..... See se arate instructions. Name of the organ1zat1on Employer identification number

Freedomworks Foundation Inc. 52-1526916 I Part J j Fundraising Activities. Complete 1f the organ1zat1on answered 'Yes' to Form 990, Part IV, line 17. Form 990-EZ filers are not

required to complete this part.

1 Indicate whether the organ1zat1on raised funds through any of the following act1v1t1es. Check all that apply.

a 00 Mail sol1c1tat1ons e [][] Sol1c1tat1on of non-government grants

b 00 Internet and email sohc1tat1ons f D Sohc1tat1on of government grants

c 00 Phone sohc1tat1ons g D Special fundra1s1ng events

d 00 In-person sohc1tat1ons

2 a Did the organization have a wntten or oral agreement with any 1nd1v1dual (1nclud1ng officers, directors, trustees or

key employees listed ,n Form 990, Part VII) or entity in connection with professional fundra1s1ng services? 00 Yes 0No b If 'Yes,' list the ten highest paid 1nd1v1duals or ent1t1es (fundra1sers) pursuant to agreements under which the fundra1ser 1s to be

compensated at least $5,000 by the organization.

(i) Name of 1nd1v1dual (iii) Did

(iv) Gross receipts (v) Amount paid (vi) Amount paid fund raiser to (or retained by)

or entity (fundra1ser) (ii) Activity hoarv~~~ri, from activity fundra1ser to (or retained by)

contnbubons? listed ,n col. (i) organ1zat1on

Clearword Fundraising Yes No Communications counsel x 445,561. 34,250. 411,311.

Professional Fundraisinq Solutions fundraisinq x 285,000. 28,000. 257,000.

Total .... 730,561. 62,250. 668,311 . 3 List all states ,n which the organ1zat1on 1s registered or licensed to sol1c1t funds or has been not1f1ed 1t 1s exempt from reg1strat1on or hcens1ng

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 or 990-EZ. Schedule G (Form 990 or 990-EZ) 2009

932081 02-03-10


Schedule G Form990or990· 2009 Freedornworks Foundation Inc. 52-1526916 Pa e2 Part H Fundraising Events. Complete If the organ1zat1on answered 'Yes' to Form 990, Part IV, line 18, or reported more than $15,000

on Form 990·EZ, line 6a. l.Jst events wrth gross receipts greater than $5,000.

(a) Event #1 (b) Event #2 (c) Other events (d) Total events

(add col. (a) through

(event type) (event type) (total number) col. (c))

Q) :::, c: Q)

> 1 Gross receipts Q)

a:

2 Less: Charitable contributions

3 Gross income (line 1 minus line 2)

4 Cash prizes

U) Q)

5 Noncash prizes U) c: 8. 6 RenVfac11ity costs il'l ti ~ 7 Food and beverages '5

8 Entertainment

9 Other direct expenses

10 Direct expense summary. Add lines 4 through 9 tn column (d) .... ( 11 Net income summarv. Combine line 3 column !dl. and line 10 ....

I Part UI l Gaming. Complete 1f the organization answered 'Yes' to Form 990, Part IV, line 19, or reported more than

$15,000 on Form 990·EZ, line 6a.

Q) (b) Pull tabs/instant (d) Total gaming (add

l

(a) Bingo (c) Other gaming :::, bmgo/progress1ve bmgo col. (a) through col (c)) c: Q) > Q)

a: 1 Gross revenue

U) 2 Cash prizes Q) U) c: Q) a. 3 Noncash prizes il'l ti ~ 4 RenVfac11ity costs '5

5 Other direct expenses

Dves % 0Yes % Dves %

6 Volunteer labor 0No 0No DNo

7 Direct expense summary. Add Imes 2 through 5 1n column (d) .... ( l

8 Net aamtna income summarv. Combine line 1 column !dl. and line 7 .... Yes No

9 Enter the state(s) 1n which the organ1zat1on operates gaming act1v1t1es:

a Is the organ1zat1on licensed to operate gaming act1v1t1es tn each of these states? 9a

b If 'No,' explain.

1 Oa Were any of the organ1zat1on's gaming licenses revoked, suspended or terminated dunng the tax year? 10a

b If 'Yes,' explain:

11 Does the organ1zat1on operate gaming act1v1t1es with nonmembers? 11

12 Is the organ1zat1on a grantor, benef1c1ary or trustee of a trust or a member of a partnership or other entity formed to

administer charitable aamtna? 12

932082 02·03· 10 Schedule G (Form 990 or 990-EZ) 2009 25


Schedule G IForm 990 or 990-EZl 2009 Free d ornwor k s Foundation, Inc. 5 2 1526916 - Paoe3 Yes No

13· Indicate the percentage of gaming act1v1ty operated 1n:

a The organ1zat1on's fac1l1ty 13a % b An outside fac1l1ty 13b %

14 Enter the name and address of the person who prepares the organ1zat1on's gam1ng/spec1al events books and records:

Name IJI,

Address IJI,

15a Does the organ1zat1on have a contract with a third party from whom the organ1zat1on receives gaming revenue? 15a

b If 'Yes,' enter the amount of gaming revenue received by the organ1zat1on ..... $ and the amount

of gaming revenue retained by the third party IJI, $ c If 'Yes,' enter name and address of the third party:

Name IJI,

Address IJI,

16 Gaming manager 1nformat1on:

Name IJI,

Gaming manager compensation ..... $

Descnpt1on of services provided IJI,

D D1rector/off1cer D Employee D Independent contractor

17 Mandatory d1stnbut1ons:

a Is the organization required under state law to make charitable d1stnbut1ons from the gaming proceeds to

retain the state gaming license? 17a

b Enter the amount of d1stnbut1ons required under state law to be distributed to other exempt organ1zat1ons or spent 1n the

ornanizat1on's own exemot act1v1t1es dunno the tax year IJI, $

Schedule G (Form 990 or 990-EZ) 2009

932083 02-03-10

26 11450525 739466 FWFoundation 2009.03030 Freedornworks Foundation, In FWFOUNDl

SCHED~LEJ (Form 990)


Compensation Information For certain Officers, Directors, Trustees, Key Employees, and Highest

Compensated Employees .... Complete if the organization answered "Yes" to Form 990,

Part IV, line 23. .... Attach to Form 990. .... See seDarate instructions.

OMB No 1545-0047

2009 Open to Pubtic

lnspec'ltion

Freedomworks Foundation, Inc. I Employer identification number

52-1526916 Name of the organization

Part l I Questions Regarding Compensation

1a Check the appropnate box(es) If the organization provided any of the following to or for a person listed 1n Form 990,

Part VII, Section A, line 1 a. Complete Part Ill to provide any relevant 1nformat1on regarding these items

[X] F1rst·class or charter travel D Housing allowance or residence for personal use

D Travel for companions D Payments for business use of personal residence

D Tax 1ndemn1f1cat1on and gross-up payments D Health or social club dues or 1n1t1at1on fees

D D1scret1onary spending account [X] Personal services (e.g., maid, chauffeur, chef)

b If any of the boxes on line 1 a are checked, did the organ1zat1on follow a written policy regarding payment or

reimbursement or prov1s1on of all of the expenses described above? If 'No,' complete Part Ill to explain

2 Did the organization require substant1at1on prior to reimbursing or allowing expenses incurred by all officers, directors,

trustees, and the CEO/Executive Director, regarding the items checked 1n line 1 a?

3 Indicate which, 1f any, of the following the organ1zat1on uses to establish the compensation of the organ1zat1on's

CEO/Executive Director. Check all that apply.

[X] Compensation committee D Written employment contract

D Independent compensation consultant [X] Compensation survey or study

[XJ Form 990 of other organ1zat1ons [X] Approval by the board or compensation committee

4 During the year, did any person listed in Form 990, Part VII, Section A, line 1 a, with respect to the filing

organ1zat1on or a related organ1zat1on:

a Receive a severance payment or change-of-control payment?

b Part1c1pate 1n, or receive payment from, a supplemental nonqualif1ed retirement plan?

c Part1c1pate 1n, or receive payment from, an equ1ty·based compensation arrangement?

If 'Yes" to any of lines 4a·c, list the persons and provide the applicable amounts for each item 1n Part 111.

Only section 501 (c)(3) and 501 (c)(4) organizations must complete lines 5-9.

5 For persons listed 1n Form 990, Part VII, Section A, line 1 a, did the organ1zat1on pay or accrue any compensation

contingent on the revenues of.

a The organ1zat1on?

b Any related organ1zat1on?

If 'Yes' to line 5a or 5b, describe 1n Part Ill.

6 For persons listed 1n Form 990, Part VII, Section A, line 1 a, did the organ1zat1on pay or accrue any compensation

contingent on the net earnings of:

a The organ1zat1on?

b Any related organization?

If 'Yes' to line 6a or 6b, describe 1n Part Ill.

7 For persons listed in Form 990, Part VII, Section A, line la, did the organ1zat1on provide any non·f1xed payments

not described 1n lines 5 and 6? If 'Yes,' describe in Part Ill

8 Were any amounts reported 1n Form 990, Part VII, paid or accrued pursuant to a contract that was subJect to the

1n1t1af contract exception described 1n Regs. section 53.4958·4(a)(3)? ff 'Yes,' describe 1n Part Ill

9 If 'Yes' to line 8, did the organization also follow the rebuttable presumption procedure described 1n

Reaulat1ons section 53.4958·61c)?

Yes No

1b X

2 x

4a x 4b x 4c x

5a x 5b x

6a x 6b x

7 x

8 x

9

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule J (Form 990) 2009

932111 02-02-10

11450525 739466 FWFoundation 27

2009.03030 Freedomworks Foundation, In FWFOUNDl

Schedule J (Form 990) 2009 Freedomworks Foundation, Inc. 52-1526916 acie2

Part ll l Officers, Directors, Trustees, Key Employees, an_d Hi_g_hest C~mpensated Employees. Use Schedule J·1 1f add1t1onal s1J_ace 1s needed.

For each 1nd1v1dual whose compensation must be reported in Schedule J, report compensation from the organization on row (1) and from related organ1zat1ons, described In the 1nstruct1ons, on row (1ij, Do not hst any 1nd1v1duals that are not hsted on Form 990, Part VII.

Note. The sum of columns (8)00·011) must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, hne 1 a.

(B) Breakdown of W-2 and/or 1099·M ISC compensation (C) (D) (E) (F) Retirement and Nontaxable Total of columns Compensation

(A) Name (i) Base (ii) Bonus & (iii) Other other deferred benefits (B)(ij·(D) reported In pnor

compensation 1ncent1ve reportable compensation Form 990 or compensation compensation

Form 990·EZ

(i) 149,020. 5,833. 9,458. 12,291. 176,602. Matt Kibbe I (ii) 110,959. 4,343. 7,042. 9 I 151. 131,495.

(i) 250,000. 250,000. Hon. Richard K. Armev (ii) 250,000. 250,000.

(i) 68,959. 6,750. 10,074. 85,783. Judith Mulcahy I (ii) 68,959. 6,750. 10,074. 85,783.

(i) 70,168. 9,458. 6,585. 86,211. Wayne Brough (ii} 52,246. 7,042. 4,903. 64,191.

(i) 76,624. 4,280. 6,165. 87,069. Max Pappas (ii) 57,053. 3,187. 4 I 591. 64,831.

(i) 84,006. 4,219. 88,225. Mary Byrne (ii} 62,550. 3,141. 65,691.

(i)

(ii)

(ij

liil

(i)

Iii)

(i)

(ii)

(i)

(ii)

(i)

(ii)

(i)

(ii)

(i)

Iii)

(i)

(ii)

(i)

Iii)

Schedule J (Form 990) 2009

932112 02·02-10 28

Schedule J (Form 990) 2009 Freedomworks Foundation, Inc. 52-1526916 Paae3

Part Ill l Supplemental Information

Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1 a, 1 b, 4c, Sa, Sb, 6a, 6b, 7, and 8 Also complete this part for any add1t1onal information.

Part I, Line la: First-class travel: Richard Armey - pursuant to terms of

contract,~lies first-class fos business trips.

Personal services: Richard Armey - uses driving service occasionally for

transport to airport or around city for business trips.

Schedule J (Form 990) 2009

932113 02-02-10 29

SCHEQULE L (Form 990 or 990-EZ)


Name of the organization

Transactions With Interested Persons .... Complete if the organization answered

"Yes" on Form 990, Part IV, line 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.

.... Attach to Form 990 or Form 990-EZ ..... See separate instructions.

Freedomworks Foundation Inc. Part l Excess Benefit Transactions (section 501 (c)(3) and section 501 (c)(4) organizations only).

OMB No 1545-0047

2009 Open To Public Inspection

Employer identification number

52-1526916

C I f 'Y F 990 P V 2 F 9 2 P omo ete I the oraanizat1on answered es' on orm . art I , line Sa or25b, or orm 90·E art VI Ob , 1ne 4 1

(a) Name of d1squahf1ed person (b) Descnpt1on of transaction

2 Enter the amount of tax imposed on the organ1zat1on managers or d1squahf1ed persons during the year under

section 4958

3 Enter the amount of tax, 1f any, on line 2, above, reimbursed by the organ1zat1on

I Part H I Loans to and/or From Interested Persons.

fcl Corrected?

Yes No

.... $ _____ _

.... $ _____ _

C I f Y F 990 omo ete I the oraan1zat1on answered ' es' on orm , Part I ine , or orm VI 26 F . art 1ne 990 EZ P V I 38 a. (a) Name of interested (b) Loan to or from (c) Onginal pnnc1pal (d) Balance due (e) In (f) Approved (g) Written

by board or person and purpose the organization? amount default? committee? agreement?

To From Yes No Yes No Yes No

Total .... $ I Part 1H 1 Grants or Assistance Benefiting Interested Persons.

Co mo ete I the oraanizat1on answered es on 'Y ' F orm art , ine 990 P IV I 27

(a) Name of interested person (b) Relat1onsh1p between interested person and (c) Amount and type of the organ1zat1on assistance

I Part lV l Business Transactions Involving Interested Persons. c f h omo ete I t e organization answere d 'Y ' F es on orm 990 P IV I 28 28b 28 . art , ine a, , or c.

(a) Name of interested person (b) Relat1onsh1p between interested person and the organ1zat1on

Hon. Richard K. Armev Board Chairman Terry Kibbe !President's spouse

LHA For Privacy Act and Paperwork Reduction Act Notice, see the

Instructions for Form 990 or 990-EZ.

(c) Amount of (d) Description of (e) Sharing of organization's

transaction transaction revenues?

Yes No 250,000. ::::onsultinq x

33,000. Manaqement x

Schedule L (Form 990 or 990-EZ) 2009

See Schedule O for Schedule L Continuations

932131 02-01-10


SCHEDULEO (Form 990)


Name of the organ1zat1on

Supplemental Information to Form 990 Complete to provide information for responses to specific questions on

Form 990 or to provide any additional information. .... Attach to Form 990.

Freedomworks Foundation Inc.

OMB No 1545-0047

2009 Open to P\lblic ln$peclion

Employer identification number 52-1526916

Form 990, Part I, Line 1, Description of organization Mission:

education.

Form 990, Part III, Line 2, New Program Services:

March on Washington: A rally at the Capitol with over 600,000 in

attendance.

Form 990, Part III, Line 4d, Other Program Services:

Other Core Programs: Various programs aimed at promoting

consumer-focused economic policies through education and research in

both domestic and international economic markets including, regulatory

policy, strategy, research, legal reform and energy and environmental

policies.

Expenses$ 682770. including grants of$ 0. Revenue$ 0.

Form 990, Part VI, Section B, line 11: The copy of the 990 was provided to

the senior staff and board audit committee members prior to filing. When

the 990 is received, the VP of Operations/Treasurer and Tate & Tryon review

it first. It is then sent to senior staff, outside general counsel and

board audit committee for review. The comments are then compiled and

discussed with the preparer. After edits are made, the President and

Treasurer sign the completed return and file with the IRS.

Form 990, Part VI, Section B, Line 12c: Governance and Ethics Policy is

signed annually by the Board of Directors and employees. Board of directors

and employees shall disclose annually to the Secretary any direct conflict LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. 932211 02-03-10

31

Schedule O (Form 990) 2009


~



Name of the organ1zat1on


Form 990 or to provide any additional information. .... Attach to Form 990.


OMB No 1545-0047

2009 Open 1o Punlic Inspection


between their own individual interests and those of Freedomworks

Foundation. If such conflict does exist, director or employee shall provide

the Secretary written notice of such relationship and shall refrain from

attempting to exert any influence on FreedomWorks Foundation until the

matter has been reviewed and resolved.

Form 990, Part VI, Section B, Line 15: The process includes completion of

a compensation study based on information obtained from our outside general

counsel and 990's of other DC-based non-profits with similar budgets. This

information is then presented to the compensation committee at a

semi-annual Board meeting to discuss and vote on. This process includes

compensation for the CEO, Treasurer, and Chairman.

The process for determining compensation of other officers or key employees

of the organization is determined by the President.

Form 990, Part VI, Line 17, List of 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 VI, Section c, Line 19: Freedomworks Foundation makes all

the following documents available for public inspection: governing

documents, the IRS exemption application, IRS letter recognizing exempt

status, conflict of interest policy, prior three years of the Form 990 and

financial statements.


32



'f





Form 990 or to provide any additional information. ~ Attach to Form 990.


Form 990, Part XI, Line 2C:

OMB No 1545-0047

2009 Open to Public lnspection


Freedomworks Foundation has an audit commmittee that assumes

responsibility for oversight of the audit of its financial statements

and selection of an independent accountant.

Sch L, Part IV, Business Transactions Involving Interested Persons:

(a) Name of Person: Hon. Richard K. Armey

(d) Description of Transaction: Consulting services

(a) Name of Person: Terry Kibbe

(d) Description of Transaction: Management consulting

Form 990, Part VII, Section A, Column B:

Average Hours Per Week on Related Organization

Hon. Richard K. Armey, Chairman, 20 hours per week

Matt Kibbe, President, 17 hours per week

Judith Mulcahy, VP of Operations/Treasurer, 20 hours per week

Wayne Brough, VP of Research/Secretary, 17 hours per week

Mary Byrne, VP of Development, 17 hours per week

Max Pappas, VP of Public Policy, 17 hours per week

Richard Walker, NW Regional Director, 17 hours per week

John Jordan, VP of Fed. & State Campaigns, 17 hours per week


33



SCHEDULER (Form 990) Department of the Treasury Internal Revem.1_e Service


Related Organizations and Unrelated Partnerships

~ Complete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37. ~ Attach to Form 990. ~ See separate instructions.

Freedomworks Foundationi Inc. Part l Identification of Disregarded Entities (Complete 1f the organ1zat1on answered 'Yes' to Form 990, Part IV, line 33.)

(a) (b) (c) (d)

Name, address, and EIN Primary activity Legal dom1c1le (state or Total income of disregarded entity foreign country)

OMB No 154!>-0047

2009 Open to Public.

1n:spection_ Employer identification number

52-1526916

(e) (f)

End-of-year assets Direct controlling entity

Part fl Identification of Related Tax-Exempt Organizations (Complete 1f the organization answered 'Yes' to Form 990, Part IV, line 34 because rt had one or more related tax-exempt organizations during the tax year.)

(a) (b) (c)

Name, address, and EIN Pnmary activity Legal dom1c1le (state or of related organ1zat1on foreign country)

FreedomWorks Inc. - 52-1349353 ~ublic policy, advocacy and

601 Pennsylvania Ave. NW N. Bldg Ste 700 ~ducational organization

Washington DC 20004 ~hat supports consumers ~istrict of Columbia

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

932161 02-04-10 34

(d) (e) (f)

Exempt Code Public chanty Direct controlling section status (1f section entity

501 (c)(3))

50l(c)(4) N/A

Schedule R (Form 990) 2009

~

Schedule R (Form 990) 2009 Freedomworks Foundation, Inc. 52-1526916 Page 2 .J-.

Part Ill Identification of Related Organizations Taxable as a Partnership (Complete If the organ1zat1on answered 'Yes' to Form 990, Part IV, line 34 because 1t had one or more related organizations treated as a partnership during the tax year.)

(a) (b) (c) {d) (e) (f) (g) {h) (i) (j)

Name, address, and EIN Primary act1v1ty Legal dom1c1le Direct controlling Predominant income Share of total Share of D1sproport1on· CodeV·UBI General or

Part lV

of related organ1zat1on (state or entity (related, unrelated, income end·of·year ate allocations? amount 1n box managing

foreign excluded from tax under assets 20 of Schedule :,.e_rtn,.!!7._ country) sections 512-514) Yes No K·1 (Form 1065) ¥°e5 No

Identification of Related Organizations Taxable as a Corporation or Trust (Complete 1f the organization answered 'Yes' to Form 990, Part IV, line 34 because rt had one or more related organ1zat1ons treated as a corporation or trust dunng the tax year.)

(a) (b) {c) (d) {d) (f) (g) {h)

Name, address, and EIN Pnmary act1v1ty Legal dom1c1le Direct controlling Type of entity Share of total Share of Percentage of related organization (state or entity (C corp, S corp, income end-of·year ownership

foreign or trust) assets country)

932162 02-04-10 35 Schedule R (Form 990) 2009

~

ScheduleR(Form990)2009 Freedomworks Foundation, Inc. 52-1526916 Page3

Part V Transactions With Related Organizations (Complete If the organ1zat1on answered 'Yes' to Form 990, Part IV, line 34, 35, or 36.)

Note. Complete line 1 1f any entity 1s listed in Parts II, Ill, or IV of this schedule. Yes No

1 Ounng the tax year, did the organization engage in any of the following transactions with one or more related organizations listed 1n Parts IHV?

a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity 1a x b Gift, grant, or caprtal contnbut1on to other organizat1on(s) 1b x c Gift, grant, or caprtal contnbut1on from other organizat1on(s} 1c x d Loans or loan guarantees to or for other organizat1on(s} 1d x e Loans or loan guarantees by other organ1zat1on(s} 1e x

f Sale of assets to other organizat1on(s) 1f x g Purchase of assets from other organ1zat1on(s) 1Q x h Exchange of assets 1h x i Lease of fac11it1es, equipment, or other assets to other organizat1on(s} . 1i x

j Lease of fac1l1t1es, equipment, or other assets from other organ1zat1on(s} 1i x k Performance of services or membership or fundra1s1ng solic1tat1ons for other organizat1on(s} 1k x I Performance of services or membership or fundra1s1ng sohc1tat1ons by other organ1zat1on(s) 11 x m Shanng of fac1l1t1es, equipment, mailing hsts, or other assets 1m x n Sharing of paid employees 1n x

o Reimbursement paid to other organization for expenses 1o x p Reimbursement paid by other organization for expenses 1D x

q Other transfer of cash or property to other organizat1on(s) 1a x r Other transfer of cash or orooertv from other oraanizat1on(s) 1r x

2 If th ,f the abo •y th h lete this I lud d relat h dt threshold

(a) (b) (c) Name of other organ1zat1on(s) Transaction Amount involved

type (a·r}

,11 Freedomworks, Inc. M 444,390.

121 Freedomworks, Inc. N 1,208,923.

f31 Freedomworks, Inc. R 110,262.

(41

(51

(61

932163 02·04-10 36 Schedule R (Form 990) 2009

ScheduleR(Form990)2009 FreedomWorks Foundation, Inc. 52-1526916 Page4

Part Vf Unrelated Organizations Taxable as a Partnership (Complete If the organization answered 'Yes' to Form 990, Part IV, hne 37.)

Provide the following 1nformat1on for each entity taxed as a partnership through which the organization conducted more than five percent of its act1v1t1es (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

932164 02-04-10

(a)

Name, address, and EIN of entity

(b)

Primary act1v1ty

(c)

Legal dom1c1le (state or foreign

country)

37

(d) (e) Are all partners Share of end-of· section 501 (c)(3

year assets organ1zat1ons?

Yes No

(f) (g) (h) D1spropor· CodeV·UBI General or

t1onate amount 1n box 20 managing allocabons? of Schedule K·1 partner?

Yes No (Form 1065) Yes No

Schedule R (Form 990) 2009

->.

"'" .. Form 8868 (Rev. Apnl 2009)

Application for Extension of Time To File an Exempt Organization Return OMB No.1545·1709

Department of the Treasury Internal Revenue Service .... File a separate application for each return.

• If you are filing for an Automatic 3-Month Extension, complete only Part I and check this box

• If you are filing for an Additional (Not Automatic) 3-Month Extension, complete only Part II (on page 2 of this form).

Do not complete Part II unless you have already been granted an automatic 3·month extension on a previously filed Form 8868.

I Part f l Automatic 3-Month Extension of Time. Only submit ong1nal (no copies needed).

A corporation required to file Form 990·T and requesting an automatic 6·month extension · check this box and complete Part I only

All other corporations (including 1120-C filers), partnerships, REM/Cs, and trusts must use Form 7004 to request an extension of time to file income tax returns.

.... o

Electronic Filing (e-file). Generally, you can electronically file Form 8868 1f you want a 3·month automatic extension of time to file one of the returns noted below (6 months for a corporation required to file Form 990·1). However, you cannot file Form 8868 electronically 1f (1) you want the add1t1onal (not automatic) 3·month extension or (2) you file Forms 990·BL, 6069, or 8870, group returns, or a composite or consolidated Form 990·T. Instead, you must submit the fully completed and signed page 2 (Part II) of Form 8868. For more details on the electronic filing of this form, v1s1t www.1rs.nov/ef1/e and click on e-f1/e for Chant1es & Nonorof1ts

Type or Name of Exempt Organization Employer identification number print

Freedomworks Foundation, Inc. Number, street, and room or suite no. If a P.O. box, see 1nstruct1ons.

File by the due date for filing your retum See

601 Pennsvlvania Avenue, NW, N. Building, No. 700 instructions City, town or post office, state, and ZIP code. For a foreign address, see instructions.

washinqton, DC 20004

Check type of return to be filed(f1le a separate application for each return):

[Kl Form 990 D Form 990·T (corporation)

D Form 990·BL D Form 990·T (sec. 401 (a) or 408(a) trust)

D Form 990·EZ D Form 990·T (trust other than above)

D Form 990·PF D Form 1041·A

D Form4720

D Form5227

D Form6069

D Form8870

52-1526916

The Organization - 601 Pennsylvania Ave., NW, N. Bldg., • Thebooksare1nthecareof .... Ste 700 - Washington, DC 20004

TelephoneNo ..... 202-783-3870 FAXNo .....

• If the organ1zat1on does not have an office or place of business in the United States, check this box .... D • If this 1s for a Group Return, enter the organ1zat1on's four d1g1t Group Exemption Number (GEN) . If this 1s for the whole group, check this

box .... D . If 1t 1s for part of the group, check this box ..... D and attach a list with the names and EINs of all members the extension will cover.

1 I request an automatic 3·month (6·months for a corporation required to file Form 990·1) extension of time until

AU gu St 15 , 2 0 10 , to file the exempt organ1zat1on return for the organ1zat1on named above. The extension

1s for the organization's return for .... [Kl calendar year 2 0 0 9 or

.... D tax year beginning ------------- , and ending ____________ _

2 If this tax year IS for less than 12 months, check reason· D Initial return D Final return D Change in accounting penod

3a If this application 1s for Form 990·BL, 990-PF, 990·T, 4 720, or 6069, enter the tentative tax, less any

nonrefundable credits. See 1nstruct1ons. 3a $ b If this application 1s for Form 990·PF or 990·T, enter any refundable credits and estimated

tax oavments made. Include anv onor vear overoavment allowed as a credit. 3b $ c Balance Due. Subtract line 3b from line 3a. Include your payment with this form, or, 1f required,

deposit with FTD coupon or, If required, by using EFTPS (Electronic Federal Tax Payment System). -See 1nstruct1ons. 3c !!; N/A

Caution. If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453·EO and Form 8879·EO for payment 1nstruct1ons.

LHA For Privacy Act and Paperwork Reduction Act Notice, see Instructions. Form 8868 (Rev 4-2009)

923831 05·26·09

11450525 739466 FWFoundation 38

2009.03030 Freedomworks Foundation, In FWFOUNDl

freedomworks foundation 521526916 2009 061c5678searchable

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