l: 99,;Q

Ret urn of Organization Exempt From Income Tax

Form
Department
01theTreasury
InternalRevenuService

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 2010 calendar year, or tax year beginning

D Employer identification

FreedomWorks

Foundation,

OTermlnated
OAmended

_Number_and-street
North

400

return

OApploca!Ion
pending

52-1526916
(or_e.o.box 1fmaiL1snot deliveredto street address)---1,-Room/smteCapitol
Street,

NW

-E-Telephone number

765

202-783-3870
4,555,395.

G Grossreceipts$

City or town, state or country, and ZIP+ 4

Washinqton,
DC

20001

H(a) Is this a group return

Kibbe

F Name and address of principal off1cer:Ma t t

Same
as
above

for aff1l1ates?

I Tax-exempt status

number

Inc.

Doing Business As

01mt1al

2010
Open to Public
Inspection

and ending

B Check11 C Name of organization

applicable
[X]Address
change
oName
change

OMB No 1545-0047

LXJ501(c)(3) I

J Website:..,.. WWW. f reedomwor

I 501(c) (
ks

K Form of organization. LXJCorporation

DYes

H(b) Are all affiliatesincluded?D

I 4947(a)(1) or I

)<11111(insert no.)

I 527

OONo

Yes

No

If "No," attach a list. (see 1nstruct1ons)

org

H(c) Group exemption number .....

I Assoc1at1on I

l I Trust I

IL Year of formation: 19 8 91M Stateof legaldom1c1le:DC

Other....

I Part 11 Summary
QI

c
t'CI
c

..
QI

>
0
CJ

=
.,,.-~

o/f

(/)

QI

:.::;

"'-sr
@.tl

:::::>
--,

'>
:.::;
u
<

LJ

Check this box .....

Number of voting members of the governing body (Part VI, line 1

Number of independent voting members of the governing body (aj

Total number of ind1v1dualsemployed in calendar year 2010 (Par V;bne

Total number of volunteers (estimate 1fnecessary)

of

sound

economic

e than ~ 5% of its net assets .

l;ll

WIVI, ~Af'lS 20\1 l 0.

a

''-"'kl\J
f

1fthe organization d1scont1nued its op1 rationsfi*

well-being

the

1200000

OGDEN, UT

7 a Total unrelated business revenue from Part VIII, column (C), line 2

7
5
0

7b

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

8

Contributions and grants (Part VIII, line 1h)

Program service revenue (Part VIII, line 2g)

>

10

Investment income (Part VIII, column (A), lines 3, 4, and ?d)

QI
::::I
QI
QI

a:

W; I

(/)

QI
(/)

QI

11

Other revenue (Part VIII, column (A), lines 5, 6d,

12

Total revenue - add lines 8 throuoh 11 (must equal Part VIII, column IA\, line 12\

13

Grants and s1m1laramounts paid (Part IX, column (A), Imes 1-3)

10c, and 11 e)

14

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

15

Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)

16a Professional fundra1s1ng fees (Part IX, column (A), line 11e)

Q.

><
w

a[. 9c,

b Total fundra1s1ng expenses (Part IX, column (D), line 25)

.....

Current Year

Other expenses (Part IX, column (A), lines 11a-11d, 11f-24f)

18

Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25)

19

Revenue less expenses Subtract line 18 from line 12

"'"'
"'CI:I

4,485,499.

0.
37,746.
190,333.
4,159,904.
0.
0.
1,458,924.
62,250.

0.
<4,031. >
21,862.
4,503,330.
170,408.
0.
1,242,131.
26,156.

2,033,455.
3,554,629.
605,275.

2,505,929.
3,944,624.
558,706.

Beginning of Current Year

~~ 20 Total assets (Part X, line 16)

-c::

3,931,825.

435,696

17

o~

<('C

21

2,776,689.
616,535.
2,160,154.

Total liab1l1t1es
(Part X, line 26)

~ 22

0.
0.

7a
Prior Year

~
~
0

Briefly describe the organ1zat1on's m1ss1onor most s1gn1f1cantact1v1t1es: Improving

..,,,--~of
education
;:mn
American
consumers
through

Net assets or fund balances. Subtract line 21 from line 20

End of Year

3,159,427.
523,210.
2,636,217.

I Part II ISignature Block

Under penaltiesof periury, I declarethat I haveexaminedthis return, including accompanyingschedulesand statements,and to the best of my knowledgeand belief, 111s
(other than officer) 1sbasedon all rnformat1onof which preparerhas any knowledge.

true, correct, and complete Declarationof

Sign

Ill...

Here

Mulcahy,
Type or print nameand title

VP

of

Operations/Treasurer

Pnnt/Typepreparer's name
Paid

Darrin

S.

Rogers,

Preparer

Firm's name

Rogers

Use Only

Firm's address~

8 300
Vienna,

CPA

& Company
Boone
VA

Boulevard,

Firm's EIN

PLLC
Suite

600

22182

Phone no.

May the IRS discuss this return with the preparer shown above? (see instructions)
032001 02-22-11

See

LHA For Paperwork Reduction Act Notice, see the separate instructions.
Schedule
O for
Organization
Mission
Statement

7 0 3 ) 893- 0 300
Yes
Form

Continuatio;\'\

No

990 (2010)

...

Form 990

~
I-om

FreedomWorks

'

Foundation,

Inc.

52-1526916

Pae2

Part Ill S atement of Program Service Accomplishments

1

Check 1fSchedule O contains a response to any question 1nthis Part Ill

Briefly describe the organization's m1ss1on:

Improving
the well-being
and support
of economic
2
____

of American
education.

consumers

through

Did the organization undertake any s1gnif1cantprogram services during the year which were not listed on
the_prior_Eorm_990_or_990:EZ?
___
_
If "Yes," describe these new services on Schedule 0.

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

the

promotion

OOvesDNo
-- ---------------------==c:....,__:-=----==---Dves

Did the organization cease conducting, or make s1gnif1cantchanges 1nhow 1tconducts, any program services?
If "Yes," describe these changes on Schedule 0.

Describe the exempt purpose achievements for each of the organization's three largest program services by expenses.
Section 501 (c)(3) and 501 (c)(4) organizations and section 494 7(a)(1)trusts are required to report the amount of grants and

4a

allocations to others, the total expenses, and revenue, 1fany, for each program service reported.
1 , 201 , 915 1nclud1nggrants of$
(Code:
) (Expenses$

4b

(Code:

OONo

) (Revenue$

-~----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.

) (Expenses$
7 5 5 , 0 9 6 1nclud1nggrants of$
Public
Affairs:
To include
traditional
media outreach,
radio
interviews
and opinion-editorials,
and online/new
through
blogging,
social
networking,
paid advertising,
of activist
networking
platform.

) (Revenue$ ______

through
TV and
media outreach
and development

4c

) (Expenses$
6 51 , 019 1nclud1nggrants of$
) (Revenue$------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.

4d

Other program services. (Describe 1nSchedule 0.)

(Expenses $
5 5 6 , 8 8 5 1nclud1nggrants of $

4e

Total program service expenses~

(Code

1 7 0 , 4 0 8 ) (Revenue $
3 , 16 4 , 915
Form 990 (2010)

032002
12-21-10

13440601

739466

FWFoundation

2010.03010

2
FreedomWorks

Foundation,

In

FWFOUNDl

l.

Form 990 (~01~1

I Part

FreedomWorks

Foundation,

Inc.

IV I Checklist of Required Schedules

52-1526916

Paqe3
Yes

No

Is the organization described in section 501 (c)(3) or 494 7(a)(1) (other than a private foundation)?
If 'Yes,' complete Schedule A

Is the organization required to complete Schedule B, Schedule of Contributors?

Did the organization engage 1ndirect or 1nd1rectpolitical campaign act1v1t1eson behalf of or ,n oppos1t1onto candidates for
public office? If 'Yes,' complete Schedule C, Part I

Section 501(c)(3) organizations. Did the organization engage ,n lobbying act1v1t1es,or have a section 501{h) election in effect
during-the-tax-year'?-lt....:Yes,~complete-Schedule C,-F'art-11
-4

X~---

Is the organization a section 501 (c)(4), 501 (c)(5), or 501 (c)(6) organization that receives membership dues, assessments, or
similar amounts as defined 1nRevenue Procedure 98-19? If 'Yes, complete Schedule C, Part Ill

x
x
x

i--5____

Did the organization ma1nta1nany donor advised funds or any s1m1larfunds or accounts where donors have the right to

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

Did the organization ma1nta1ncollections of works of art, historical treasures, or other s1m1larassets? If 'Yes," complete
Schedule D, Part Ill

10

provide advice on the distribution or investment of amounts in such funds or accounts? If 'Yes,' complete Schedule D, Part I
7

Did the organization receive or hold a conservation easement, including easements to preserve open space,

8
9

Did the organization report an amount 1nPart X, line 21; serve as a custodian for amounts not listed 1nPart X, or provide
credit counseling, debt management, credit repair, or debt negotiation services? If 'Yes,' complete Schedule D, Part IV

10

Did the organization, directly or through a related organization, hold assets ,n term, permanent, or quasi-endowments?
If 'Yes,' complete Schedule D, Part V

If the organization's answer to any of the following questions ,s "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X

11

as applicable.

- - -- -

a Did the organization report an amount for land, bu1ld1ngs,and equipment 1nPart X, line 10? If 'Yes,' complete Schedule D,
Part VI

11a

b Did the organization report an amount for investments other securities 1nPart X, line 12 that 1s5% or more of its total
assets reported ,n Part X, llne 16? If "Yes, " complete Schedule D, Part VII

11b

x
x

c Did the organization report an amount for investments program related 1nPart X, line 13 that 1s5% or more of its total
assets reported ,n Part X, line 16? If "Yes," complete Schedule D, Part VIII

11c

d Did the organization report an amount for other assets ,n Part X, line 15 that 1s5% or more of its total assets reported ,n
Part X, line 16? If "Yes," complete Schedule D, Part IX
e Did the organization report an amount for other hab1ht1es,n Part X, line 25? If 'Yes,' complete Schedule D, Part X
f

11f

12a

12b

Did the organization's separate or consolidated f1nanc1alstatements for the tax year include a footnote that addresses
the organization's liability for uncertain tax pos1t1onsunder FIN 48 (ASC 740)? If 'Yes,' complete Schedule D, Part X

12a Did the organization obtain separate, independent audited f1nanc1alstatements for the tax year? If "Yes," complete
Schedule D, Parts XI, XII, and XIII
b Was the organization included 1nconsohdated, independent audited financial statements for the tax year?
If 'Yes, and tf the organ,zat,on answered "No' to /me 12a, then completing Schedule D, Parts XI, XII, and XIII ts optional
13

11d
11e

Is the organization a school described 1nsection 170(b)(1)(A)(11)?

If 'Yes,' complete Schedule E

13

14a Did the organ1zat1onmaintain an office, employees, or agents outside of the United States?

14a

b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundra1s1ng,business,
and program service activities outside the United States? If 'Yes,' complete Schedule F, Parts I and IV
15

or entity located outside the United States? If 'Yes," complete Schedule F, Parts II and JV
16

15

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to ind1v1duals
located outside the United States? If "Yes," complete Schedule F, Parts Ill and IV

17

14b

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

x
x

16

Did the organization report a total of more than $15,000 of expenses for professional fundra1s1ngservices on Part IX,

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

17

18

Did the organization report more than $15,000 total of fundra1s1ngevent gross income and contributions on Part VIII, lines
1c and Ba? If 'Yes,' complete Schedule G, Part II

18

19

Did the organ1zat1onreport more than $15,000 of gross income from gaming act1v1t1eson Part VIII, line 9a? If 'Yes,'
complete Schedule G, Part Ill

19

x
x

20a Did the organization operate one or more hospitals? If 'Yes,' complete Schedule H

20a

b If "Yes' to hne 20a, did the organization attach its audited financial statements to this return? Note. Some Form 990 filers that
ooerate one or more hoso1tals must attach audited f1nanc1alstatements (see 1nstruct1ons)

20b
Form 990 (2010)

032003
122110

13440601

739466

FWFoundation

2010.03010

3
Freedomworks

Foundation,

In FWFOUNDl

FJrm~90(201<!l\
FreedomWorks
I Part IV I Checklist of Required Schedules

Foundation,

Inc.

52-1526916

Paoe4

(continued)

Yes
21

No

Did the organization report more than $5,000 of grants and other assistance to governments and organizations 1nthe
United States on Part IX, column (A), line 1? If 'Yes, ' complete Schedule I, Parts I and II

21

22

Did the organization report more than $5,000 of grants and other assistance to individuals 1nthe United States on Part IX,
column (A), line 2? If "Yes,' complete Schedule I, Parts I and Ill

22

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
~~~~~Schedure_J_

23

24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the
last day of the year, that was issued after December 31, 2002? If "Yes, answer Imes 24b through 24d and complete
Schedule K. If 'No', go to /me 25

24a

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

t-2_4b_+--+---

c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease
t-2_4c_+--+--t-2_4d_+--+---

any tax-exempt bonds?

d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?
25a Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a
d1squalif1edperson during the year? If "Yes,' complete Schedule L, Part I

25a

25b

26

27

28a

x
x

b Is the organization aware that 1tengaged in an excess benefit transaction with a d1squalif1edperson in a prior 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 organization 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 organization a party to a business transaction with one of the following parties (see Schedule L, Part IV
1nstruct1onsfor applicable filing thresholds, cond1t1ons,and exceptions).
a A current or former officer, director, trustee, or key employee? If 'Yes," complete Schedule L, Part IV

28b

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 (or a family member thereof) was an officer,
director, trustee, or direct or 1nd1rectowner? If "Yes," complete Schedule L, Part IV
29 Did the organization receive more than $25,000 1nnon-cash contributions? If "Yes,' complete Schedule M
30
Did the organization receive contributions of art, historical treasures, or other s1m1larassets, or qualified conservation
contributions? If "Yes," complete Schedule M
31
Did the organization liquidate, 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?/f 'Yes,' complete

28c

29

Schedule N, Part II

X
X

30

31

32

X
X

33

Did the organization 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

33

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

34

35

Is any related organization a controlled entity w1th1nthe meaning of section 512(b)(13)?

35

X
X

a Did the organization receive any payment from or engage 1nany transaction with a controlled entity wrth1nthe meaning of

section 512(b)(13)? If 'Yes,' complete Schedule R, Part V. /me 2

Yes

00

No

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 1snot a related organization
and that 1streated as a partnership for federal income tax purposes? If 'Yes,' complete Schedule R, Part VI

38

36

37

Did the organization complete Schedule O and provide explanations 1nSchedule O for Part VI, lines 11 and 19?

38

Note. All Form 990 filers are reau,red to comolete Schedule O

Form 990 (2010)

032004
12-21-10

13440601

739466

FWFoundation

2010.03010

FreedomWorks

Foundation,

In FWFOUNDl

'-

/.

FreedomWorks

Form 990 201d

Part

Foundation,

Inc.

52-1526916

e5

Pa

Statements Regarding Other IRS Filings and Tax Compliance

Check 1fSchedule O contains a response to any question 1nthis Part V

Yes

1a Enter the number reported 1nBox 3 of Form 1096. Enter -0 1fnot applicable

1a

No

2
0

b Enter the number of Forms W-2G included 1nline 1a. Enter O 1fnot applicable
1b
c Did the organization comply with backup w1thhold1ngrules for reportable payments to vendors and reportable gaming
(gambling) winnings to pnze winners?

1c

2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements,
l2aJ--~O

f1led-for-tl'1e-calendar-year-end1ng-w1th-or-w1tl'11n-theyear-covered-by-th1s
return

--

b If at least one 1sreported on line 2a, did the organization file all required federal employment tax returns?

--

2b

Note. If the sum of lines 1a and 2a 1sgreater than 250, you may be required to e-flle. (see instructions)
3a Did the organization have unrelated business gross income of $1,000 or more during the year?

3a

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

3b

4a At any time during the calendar year, did the organization have an interest 1n,or a signature or other authority over, a
f1nanc1alaccount 1na foreign country (such as a bank account, securities account, or other f1nanc1alaccount)?

4a

5a

x
x

b If "Yes," enter the name of the foreign country: .....

See instructions for filing reqwrements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a Was the organization a party to a proh1b1tedtax shelter transaction at any time during the tax year?

5b

b Did any taxable party notify the organization that 1twas or is a party to a proh1b1tedtax shelter transaction?

5c

c If "Yes," to line Sa or Sb, did the organization file Form 8886-T?

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

6a

any contributions that were not tax deductible?

b If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts
6b

were not tax deductible?

7

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

--a Did the organizationreceivea paymentin excessof $75 madepartly as a contnbut1onand partlyfor goods and servicesprovidedto the payer? 7a
7b
b If "Yes," did the organization notify the donor of the value of the goods or services provided?
c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which 1twas required
7c

to file Form 8282?

1d
d If "Yes," 1nd1catethe number of Forms 8282 filed during the year
e Did the organization receive any funds, directly or 1nd1rectly,to pay premiums on a personal benefit contract?

7e

Did the organization, during the year, pay premiums, directly or 1nd1rectly,on a personal benefit contract?
g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?
h If the organization received a contnbut1on of cars, boats, airplanes, or other vehicles, did the organization flle a Form 1098-C?
8 Sponsoring organizationsmaintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting
f

orgamzat,on,or a donor advisedfund maintainedby a sponsoringorgamzat,on,haveexcessbusinessholdingsat any time during the year?
Sponsoring organizations

Section 501(c)(7) organizations.

Enter:

a lnit1at1onfees and capital contnbut,ons included on Part VIII, line 12

b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
11

x
x

---

x
x

7a
7h
-

_,

maintaining donor advised funds.

9a

a Did the organization make any taxable d1stnbut1onsunder section 4966?

b Did the organization make a d1stnbut1onto a donor, donor advisor, or related person?
10

7f

Section 501(c)(12) organizations.

9b

I 1oa I
10b

Enter:
11a

a Gross income from members or shareholders

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

11b

amounts due or received from them.)

12a Section 4947(a)( 1) non-exempt charitable trusts. Is the organization flling Form 990 in lieu of Form 1041
b If "Yes," enter the amount of tax-exempt interest received or accrued during the year
13

12a

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

a Is the organization licensed to issue qualified health plans 1nmore than one state?

13a

Note. See the 1nstruct1onsfor add1t1onalinformation the organization must report on Schedule 0.
b Enter the amount of reserves the organization 1srequired to ma1nta1nby the states in which the

13b
organization 1slicensed to issue qualified health plans
13c
c Enter the amount of reserves on hand
14a Did the organization receive any payments for indoor tanning services during the tax year?
b If "Yes " has 1tfiled a Form 720 to reoort these oavments? If "No, orovtde an exolanat1on m Schedule O

I
14a

14b
Form990 (2010)

032005
12-21-10

13440601

739466

FWFoundation

2010.03010

FreedomWorks

Foundation,

In FWFOUNDl

FreedomWorks

F~rm990 2010

Part

Foundation,

Inc.

52-1526916

e6

Pa

Governance, Management, and Disclosure

For each 'Yes' response to Imes 2 through 7b below, and fora 'No' response
to /me Ba, Bb, or 1Ob below, descnbe the ctrcumstances, processes, or changes m Schedule O. See mstruct1ons

Check 1fSchedule O contains a response to any question 1nthis Part VI

s ec f ion AG

.
Body and Management
overnmg

off1cer,-d1rector,.trustee,.or.key.employee?

No

Yes

7
5

1a Enter the number of voting members of the governing body at the end of the tax year
1a
b Enter the number of voting members included ,n line 1a, above, who are independent
I 1b I
2 Did any officer, director, trustee, or key employee have a family relat1onsh1por a business relat1onsh1pwith any other
---

3
4
5
6

x
x
x
x

7a
7b

x
x

Did the organization delegate control over management duties customarily performed by or under the direct superv1s1on
of officers, directors or trustees, or key employees to a management company or other person?

4
5
6
7a

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
Did the organization become aware during the year of a s1gnif1cantd1vers1onof the organization's assets?
Does the organization have members or stockholders?
Does the organ1zat1onhave members, stockholders, or other persons who may elect one or more members of the
governing body?

b Ne any decisions of the governing body subject to approval by members, stockholders, or other persons?
8

Did the organization 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

--

x
x

Sa
Sb

Is there any officer, director, trustee, or key employee listed 1nPart VII, Section A, who cannot be reached at the
oraanizat,on's ma11inaaddress? If 'Yes," provtde the names and addresses m Schedule O

Section B. Policies

(rh1s Section B requests mformat1on about poltc1es not reqwred by the Internal Revenue Code)
Yes

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

b If "Yes," does the organization have written pol1c1esand procedures governing the act1v1t1esof such chapters, affiliates,

10a

and branches to ensure their operations are consistent with those of the organization?
Has the organization provided a copy of this Form 990 to all members of ,ts governing body before filing the form?

10b
11a

11a
b
12a
b

Describe ,n Schedule O the process, 1fany, used by the organ1zat1onto review this Form 990.

to conflicts?

12b

12c
13
14

x
x
x

c Does the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," descnbe
tn Schedule O how this is done

13
14
15

Does the organization have a written wh1stleblower policy?

Does the organization have a written document retention and destruction policy?

---

12a

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

x
-

Does the organization have a written conflict of interest policy? If "No," go to /me 13

No

- -

Did the process for determining compensation of the following persons include a review and approval by independent
persons, comparability data, and contemporaneous substant1at1onof the deliberation and dec1s1on?

a The organization's CEO, Executive Director, or top management offlc,al

b Other officers or key employees of the organization

15a
15b

-I

x
x

If "Yes" to line 15a or 15b, describe the process in Schedule O (See 1nstruct1ons)

16a Did the organization invest ,n, contribute assets to, or part1c1pate1na Joint venture or s1m1lararrangement with a
16a

taxable entity during the year?

b If "Yes," has the organization adopted a written policy or procedure requiring the organization to evaluate ,ts part1c1pat1on
in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization's

16b

exemot status with resoect to such arranaements?

Section C. Disclosure
17

List the states with which a copy of this Form 990 1srequired to be filed ....AL , AK , AR , AZ ,

18

Section 6104 requires an organization to make its Forms 1023 (or 1024 1fapplicable), 990, and 990-T (501(c)(3)s only) available for

CA, CO, CT , DC , FL , GA, HI , IL

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

Own website

Another's website

[XI

Upon request

19

Describe ,n Schedule O whether (and 1fso, how), the organization makes its governing documents, conflict of interest policy, and financial

20

State the name, physical address, and telephone number of the person who possesses the books and records of the organization .... ----

statements available to the public

The Organization
400 North Capitol

765,

Washington,

DC

20001
Form990 (2010)

032006
12-21-10

13440601

- 202-783-3870
Street,
NW, Suite

See
739466

Schedule

FWFoundation

O for

full

2010.03010

list
of states
6
FreedomWorks

Foundation,

In FWFOUNDl

'

_.

Form990

Part

FreedomWorks

201

Foundation,

Inc.

52-1526916

Pae

II Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated

Employees, and Independent Contractors

Check 1fSchedule O contains a response to any question ,n this Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Completethis table for all personsrequiredto be listed.Reportcompensationfor the calendaryear endingwith or within the organization'staxyear.

List all of the organization's current officers, directors, trustees (whether 1nd1v1duals
or organizations), regardless of amount of compensation.
Enter -0- 1ncolumns (D), (E), and (F) 1fno compensation was paid.
List all of the organization's current key employees, 1fany. See instructions for definition of "key employee."
List the organization'sfive current highestcompensatedemployees(other than an officer, director,trustee,or key employee)who receivedreportable
---compensat,on(Box
5 of-Form.W,2-and/or-Box-7--of-Form-1099-MISC)
of-more-thaA$100,000from-theorganization-andany relatedorganizations-.----------- List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of
reportable compensation from the organization and any related organizations.
List all of the organization's former directors or trustees that received, ,n the capacity as a former director or trustee of the organization,
more than $10,000 of reportable compensation from the organization and any related organizations.
List persons in the following order: 1nd1v1dual
trustees or directors: 1nstrt:ut1onal
trustees; officers, key employees; highest compensated employees;
and former such persons.

Ch ec k th IS box If ne1ther t he oroanizat1on nor any re Iate d oroanizat1on compensate d any curren t off 1cer,d ,rector, or trus t ee.
(A)

(C)

(B)

Name and Title

Pos1t1on
Average
hours per
(check all that apply)
week
(describe
,5
0
hours for
:E
ll;
related
~
5
~ e
organizations
8~
~ ~
-s
1nSchedule

Matt

Richard

(E)

(F)

Reportable
compensation
from related
organizations
(W-2/1099-MISC)

Estimated
amount of
other
compensation
from the
organization
and related
organizations

I ~%

0)

19.00

124,386.

162,270.

19.00

250,000.

250,000.

1.00

0.

0.

0.

1.00

0.

0.

0.

1.00

0.

0.

0.

1. 00

o.

o.

o.

1.00

0.

0.

0.

Kibbe

President
Hon.

(D)
Reportable
compensation
from
the
organization
(W-2/1099-MISC)

""'

,::!

S!'E
:c ~

35,029.

K, Armey

Chairman

o.

Ted Abram
Board

Member

Steve

Forbes

Board

Member

Robert

Lansing

Board

Member

Frank

Sands

Board
Hon,

Member

c.

Board

Boyden

Gray

Member

Judith

Mulcahy

VP of

Operations/Treasurer

20.00

87,570.

101,410.

26,997.

19.00

115,287.

48,797.

25,583.

Wayne Brough
VP of
Mary

Research/Secretary
Byrne

VP of

Development

Richard

Walker

& Grassroots

VP Political
John

Campaigns

19.00

64,615.

103,615.

7,140.

19.00

55,005.

92,524.

28,869.

19.00

40,409.

71, 071.

15,216.

19.00

62,125.

73,667.

27,740.

19.00

94,920.

77,079.

15,197.

Jordan

& State

VP Fed,

Campaigns

Adam Brandon
VP Communications
Max Pappas
VP of

Public

Policy

Form 990 (2010)

032007 12-21-10

13440601

739466

FWFoundation

2010.03010

FreedomWorks

Foundation,

In FWFOUNDl

FreedomWorks

Form 90 I 010)

IPart

Foundation,

(A)
Name and title

(B)
(C)
Average
Pos1t1on
hours per
(check all that apply)
week
~~
(describe
-a
=
hours for
0
~
related
5
E
organizations
]j!
~ 8:!
0
1nSchedule = -=_j_
-i's
-;e-e &
0)
~
~ :,::~

I
-i~

52-1526916

Paqe8

c Total from continuation sheets to Part VII, Section A

d Total (add lines 1b and 1cl

(0)

(E)

(F)

Reportable
compensation
from
the
organization
(:N-2/1099-MISC)

Reportable
compensation
from related
organizations
(:N-2/1099-MISC)

Estimated
amount of
other
compensation
from the
organization
and related
organizations

- ~!

.....

1b Sub-total

Inc.

VII I Section A. Officers, Directors, Trustees, Kev Employees, and Highest Comoensated Emclo ees (continued)

894,317.

.....

181,771

980,433.
0.

.....
894,317.

0
980,433.

0.
181, 771.

Total number of 1nd1v1duals

(1nclud1ngbut not l1m1tedto those listed above) who received more than $100,000 1nreportable

compensation from the oroarnzat1on

Yes

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

x
:

Did any person listed on line 1 a receive or accrue compensation from any unrelated organization or 1ndiv1dualfor services

rendered to the oraarnzat1on? If 'Yes,' comolete Schedule J for such oerson

Section B. Independent Contractors
1

_j

For any 1nd1v1dual

listed on line 1a, 1sthe sum of reportable compensation and other compensation from the organization
and related organizations greater than $150,000? If "Yes, complete Schedule J for such md1v1dual

line 1a? If 'Yes,' complete Schedule J for such md1v1dual

4

No

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from
th e orqan1zat1on
(Bl
Description of services

(A)
Name and business address

Capitol
Avenue,
Morgan
Indian

Inc.,
Services
108 N. Virginia
Falls
Church,
VA 22046
, 22780
Meredith
Asooc.,
Inc.
&
Creek Drive,
Suite
100, Dulles,

VA

!Event planners
Printing/mailing
mail
ciirect

(Cl
Compensation

325,684.
of
177,847.

Total number of independent contractors (1nclud1ngbut not l1m1tedto those listed above) who received more than
$100 000 1ncomoensation from the oraarnzat1on

2
Form 990 (2010)

032008

12-21-10

13440601

739466

FWFoundation

2010.03010

8
FreedomWorks

Foundation,

In

FWFOUNDl

Form 990 (201 di

FreedomWorks
I Part VIII I Statement of Revenue

Inc.

Foundation,

52-1526916

(A)
Total revenue

-VI VI

Cc

1 a Federated campaigns

1a

b Membership dues

1b

Ill :::,

... 0

~E

J~ c Fundra1sing events
-C>.,!2~~d-Related-organ1zat1onscn"e
CO

VI

.:;;

(B)
Related or
exempt function
revenue

Paae9
(D)
Revenue
excluded from
tax under
sections 512,
513, or 514

(Cl
Unrelated
business
revenue

1c
-----

-'Id

e Government grants (contnbut1ons)

All other contnbut1ons,gifts, grants, and

1e

s1m1laramounts not included above

1f

--

~---

--

~-

--

----

--

--

,,S.c

:so
C"C

oc
0111

Noncash contrlbutoons Included In lines ta-1f $

4,485,499.
46,438.
~

h Total. Add hnes 1a-1f

4,485,499.

Business Code
GI
CJ

s;

2a
b

._ GI

J!~

E~
Ill GI
!;,a:

0
...
Q.

e
f

All other program service revenue

Total. Add hnes 2a-2f

Investment income (1nclud1ngd1v1dends, interest, and

other similar amounts)

Income from investment of tax-exempt bond proceeds

Royalties

6a

Gross Rents

(1)Real

....
....
....
....

72.

72 .

(11)Personal

5,373.

b Less. rental expenses

c Rental income or (loss)

5,373.

....

d Net rental income or (loss)

7 a Gross amount from sales of
assets other than inventory

5,373.

<4,103.1>

<4,103.

5,373

(u) Other

(1)Securities

47,962.

b Less: cost or other basis

and sales expenses
c Gain or (loss)

52,065.
<4,103.

>

....

d Net gain or (loss)

8 a Gross income from fundra1sing events (not
including$
of

GI
:::,

c
GI
>
GI

contributions reported on hne 1c). See

a:

...
GI

Part IV, line 18

.c

b Less direct expenses

....

c Net income or (loss) from fundra1sing events

Gross income from gaming act1v1t1es.See

9a

Part IV, hne 19

b Less. direct expenses

....

c Net income or (loss) from gaming act1v1t1es

10 a Gross sales of inventory, less returns
and allowances

b Less: cost of goods sold

b
~

c Net income or llossl from sales of inventory

Miscellaneous Revenue
11 a

Other

income

Business Code

16,489.

900099

16,489.

b
c
d All other revenue
e Total. Add lines 11 a-11d
Total revenue. See instructions.
12
w,u,o

....

16,489

....4,503,330.

16,489.

0.

1,342
Form 990 (2010)

12-21-10

13440601

739466

FWFoundation

2010.03010

FreedomWorks

Foundation,

In FWFOUNDl

>

'

'

'

Form 990 2010

Part I

FreedomWorks

Foundation,

Inc.

5 2 -15 2 6 916

Pa e

10

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 requtred to complete columns (B), (C), and (D)
(A)
{ti)
{Cl
Do not include amounts reported on lines 6b,

7b, Sb, 9b, and 10b of Part VIII.

Total expenses

Program service
exoenses

61,408.

61,408.

Management and
general expenses

\UI

Fundraising
expenses

Grantsand otherassistanceto governmentsand

organizationsm the U.S.See Part IV, line 21

Grants and other assistance to 1nd1v1duals

1n
.
the.U.S ..See.eartJV,J1ne.22_______

Grants and other assistance to governments,

organizations, and 1nd1v1duals
outside the U.S.
See Part IV, lines 15 and 16
Benefits paid to or for members
Compensation of current officers, directors,
trustees, and key employees
Compensationnot includedabove,to d1squalif1ed
persons(as definedundersection4958(1)(1)) and
personsdescribedm section4958(c)(3)(B)

4
5
6

7
8

Other salaries and wages

Pensionplan contributions(includesection401(k)
and section403(b)employercontributions)

9
10
11
a

b
c
d
e

Other employee benefits

Payroll taxes
Fees for services (non-employees)
Management
Legal
Accounting
Lobbying
Professionallundra1smg
services.SeePart IV, /me17

f Investment management fees

g Other
12 Advert1s1ngand promotion
13 Office expenses
14 Information technology
15 Royalties

16
17
18
19
20

21
22

23
24

b
c
d
e
f

25

26

032010

Occupancy
Travel
Payments of travel or entertainment expenses
for any federal, state, or local public officials
Conferences, conventions, and meetings
Interest
Payments to affiliates
Deprec1at1on,depletion, and amortization
Insurance
Otherexpenses.Itemizeexpensesnot covered
expensesm /me241.If line
above.(List miscellaneous
241amountexceeds10%of line 25, column(A)
amount,list line241expenseson Schedule0.)

Dues & registrations

Payroll
processing
Miscellaneous
Prof.
fundraising
allocation
Grant

fees
alloc

All other expenses

Total functional expenses.Add Imes1 through241
Joint costs Checkhere .,._ U
11followingSOP
98-2 (ASC958-720).Completethis lineonly 11the
organizationreportedm column(B) Jointcosts from a
combinededucationalcampaignandfundra1smg
solic1tat1on

'
:

109,000.

109,000.

620,949.

470,904.

56,730.

93,315.

544,591.

420,548.

46,902.

77, 141.

4,211.
1,938.
50,352.

5, 521.
5,053.
66,017.

54,437.
36.

63,275.
120,653.

495.
1,177.
5,920.

815.
1,938.
9,745.

1,500.
120,617.

7,338.
26,156.

26,156.
688,044.
321,438.
514,710.
82,094.

650,864.
319,466.
360,082.
67,568.

2,500.
375.
47,744.
7,539.

34,680.
1,597.
106,884.
6,987.

240,267.
299,229.

179,882.
271,527.

26,273.
4,232.

34,112.
23,470.

74,528.
1,845.

67,420.

6,504.
1,845.

33,043.
24,727.

25,195.
19,300.

2,971.
2,054.

604.
4,877.
3,373.
'

i
I

32,106.
5,286.
4,684.
0.
0.
3,944,624.

335,251.

22,839.
2,378.
20,560.
<15,000.1>
3,164,915.

1,746.
5,286.
1,603.

7,521.
703.
<20,560.>
15,000.

344,013.

435,696.

0.

249,296.

85,955.
Form 990 (201O)

122110

13440601

739466

FWFoundation

2010.03010

10
FreedomWorks

Foundation,

In

FWFOUNDl

FreedomWorks

Form 990 ( 01~

I Part

I Balance

Inc.

Foundation,

52-1526916
(A)
Beginning of year

Cash non-interest-bearing

Savings and temporary cash investments

Pledges and grants receivable, net

Accounts receivable, net

11

1,632,020.
35.
62,500.

(B)
End of year
1

2,104,030.

2
3

62,500.

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

employ~

and highest compensated empJQyees.Complete Part II

~~-

of Schedule L
6

Page

Sheet

Receivables from other d1squalif1edpersons (as defined under section

4958(f)(1)), persons described 1nsection 4958(c)(3)(8), and contributing
employers and sponsoring organizations of section 501 (c)(9) voluntary
employees' benef1c1aryorganizations (see 1nstruct1ons)

Notes and loans receivable, net

J!I
CD

<

Inventories for sale or use

Prepaid expenses and deferred charges

(/)
(/)

4,427.

3,425.

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

basis. Complete Part VI of Schedule D

10a

b Less: accumulated deprec1at1on

'

(/)

CD

:s
Ill

Investments - other securities. See Part IV, line 11

13

Investments - program-related. See Part IV, line 11

13

14

Intangible assets

14

15

Other assets See Part IV, line 11

16

Total assets. Add lines 1 throuah 15 lmust eaual line 34l

17

Accounts payable and accrued expenses

17

18

Grants payable

18

19

Deferred revenue

20

Tax-exempt bond liab11it1es

21

Escrow or custodial account liability. Complete Part IV of Schedule D

Payables to current and former officers, directors, trustees, key employees,

19
20
21

22

23

24

Unsecured notes and loans payable to unrelated third parties

24

25

Other liab1l1t1es.
Complete Part X of Schedule D

26

Total liabilities. Add lines 17 throuah 25

that follow SFAS 117, check here

Unrestricted net assets

28

Temporarily restricted net assets

"O
c
::::,

29

25
26

523,210.
523,210.

..... LXJand complete

..

1,025,539.
1,134,615.

Permanently restricted net assets

Organizations

LL.

that do not follow SFAS 117, check here

27

28
29

1,578,443.
1,057,774.

....Dand

complete lines 30 through 34.

..

616,535.
616,535.

lines 27 through 29, and lines 33 and 34.

27

<
CD
z

3,159,427.

22

Secured mortgages and notes payable to unrelated third parties

iii

(/)
(/)

16

23

u
c

CD

989,472.

highest compensated employees, and d1squalif1edpersons. Complete Part II

CD

(/)

12

15

2,776,689.

of Schedule L

Organizations

..

11

12

(/)

ID

5,592.
1,072,115.

Investments publicly traded securities

:i

Ill

10c

10b

11

30

30

Capital stock or trust principal, or current funds

31

Pa1d-1nor capital surplus, or land, bu1ld1ng,or equipment fund

31

32

Retained earnings, endowment, accumulated income, or other funds

32

33

Total net assets or fund balances

34

and net assets/fund balances

Total liab11it1es

2 160 154
2,776,689.
t

33
34

2,636,217.
3,159,427.
Form 990 (2010)

032011 12-21-10

13440601

739466

FWFoundation

2010.03010

11
FreedomWorks

Foundation,

In FWFOUNDl

F~rm990 2010

FreedomWorks

Foundation,

Inc.

5 2 -15 2 6 916

Pa e

12

Part XI Reconciliation of Net Assets

Check 1fSchedule O contains a response to any question in this Part XI

1
2
3
4
5
6

Total revenue (must equal Part VIII, column (A), hne 12)

Total expenses (must equal Part IX, column (A), hne 25)

2
3
4
5
6

Revenue less expenses. Subtract hne 2 from hne 1

Net assets or fund balances at beginning of year (must equal Part X, hne 33, column (A))
Other changes 1nnet assets or fund balances (explain 1nSchedule 0)
Net assets or fund balances at end ot_year. Comb1ne_lines_3,,t_and 5_(must equalJ=>artX,J1ne_33,_column(Bl)

4,503,330.
3,944,624.
558,706.
2,160,154.
<82,643.>
2 636 2_1_7
o
I

I Part XIII Financial Statements and Reporting

Check if Schedule O contains a response to any question in this Part XII

Yes
1

Accounting method used to prepare the Form 990

Cash

CxJAccrual

No

Other

If the organization changed its method of accounting from a prior year or checked "Other," explain 1nSchedule 0.

2a Were the organization's financial statements compiled or reviewed by an independent accountant?

b Were the organization's f1nanc1alstatements audited by an independent accountant?

2a
2b

2c

c If "Yes" to line 2a or 2b, does the organization have a committee that assumes respons1b1l1tyfor oversight of the audit,
review, or comp1lat1onof its f1nanc1alstatements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain 1nSchedule 0.

d If "Yes" to hne 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a
separate basis, consolidated basis, or both:

Separate basis

Consolidated basis

CxJBoth consolidated

and separate basis

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

Act and OMB Circular A-133?

b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit
3b
Form 990 (2010)

or audits exola1n whv 1nSchedule O and describe anv steos taken to underoo such audits

032012 12-21-10

13440601

739466

FWFoundation

2010.03010

12
FreedomWorks

Foundation,

In FWFOUNDl

SCHEDULE A

Department of the Treasury

Internal Revenue Service

2010

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.

Name of the organization

Open to Public
Inspection
Employer identification number

FreedomWorks
____

OMB No 1545-0047

Public Charity Status and Public Support

(Form 990 or 990-EZ)

Foundation,

Inc.

52-1526916

The organization 1snot a private foundation because 1t1s.(For lines 1 through 11, check only one box.)
1_,D
A church, conv_e_rit1on_otchurches,_or_assoc1atJon_of_churches-described-in
section-170(b)(-1)(A)(i).------------------2 D
3 D
4 D

A school described 1nsection 170(b)(1)(A)(ii). (Attach Schedule E)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).
A medical research organization operated 1ncon1unct1onwith a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name,

5 D

c1ty,andstate:~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
An organization operated for the benefit of a college or university owned or operated by a governmental unit described in
section 170(b)(1)(A)(iv). (Complete Part II.)

6 D
7

00

8 D
9 D

10 D
11 D

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

An organization that normally receives a substantial part of ,ts support from a governmental un,t or from the general public described ,n
section 170(b)(1)(A)(vi). (Complete Part II.)
A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)
An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from
act1v1t1es
related to its 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 organization after June 30, 1975.
See section 509(a)(2). (Complete Part 111.)
An organization organized and operated exclusively to test for public safety. See section 509(a)(4).
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 described 1nsection 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box that
describes the type of supporting organization and complete lines 11e through 11h.
Type I
bD
Type II
c
Type Ill - Functionally integrated
dD
Type Ill - Other
a
By checking this box, I certify that the organization 1snot controlled directly or indirectly by one or more d1squalif1edpersons other than
foundation managers and other than one or more publicly supported organizations described 1nsection 509(a)(1) or section 509(a)(2)
If the organization received a written determ1nat1onfrom the IRS that 1t1sa Type I, Type II, or Type Ill
supporting organization, check this box
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
Yes No
(i) A person who directly or indirectly controls, either alone or together with persons described 1n(11)
and (i11)
below,

eD

the governing body of the supported organization?

A family member of a person described in (1)above?
above?
(iii) A 35% controlled entity of a person described 1n(1)or (11)
Provide the following 1nformat1onabout the supported organizat,on(s).
(ii)

(I) Nameof supported

organization

(il)EIN

(iii) Typeof
(vi) Is the
(Iv) Is the organization(v) Didyou notify the
m col.
organizatmn
n col. (I) listedm your organizationm col. organization
(I)
organized
m the
(describedon Imes1-9 governingdocument? (i) of your support?
U.S.?
aboveor IRCsection
(see Instructions))
Yes
No
Yes
No
Yes
No

(vii) Amountof
support

Total
LHA For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Schedule A (Form 990 or 990-EZ) 2010

032021 12-21-10

13440601

739466

FWFoundation

2010.03010

13
FreedomWorks

Foundation,

In FWFOUNDl

Calendaryear (or fiscal year beginning In) ....

1 Gifts, grants, contributions, and
membership fees received. (Do not
include any "unusual grants.")

(a) 2006

(bl 2007

(cl 2008

(dl2009

(el 2010

(fl Total

4157870.

4010100.

2936908.

3931825.

4485499.

19522202.

4157870.

4010100.

2936908.

3931825.

4485499.

19522202.

2_ Tax revenuesJev1edJor_the_organ-_
1zat1on'sbenefit and either paid to
or expended on its behalf
3 The value of services or fac1l1t1es
furnished by a governmental unit to
the organization without charge
4 Total. Add lines 1 through 3
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.

4285006.
15237196.

Subtract line 5 lrom hne 4

Section B. Total Support

Calendaryear (or fiscal year beginning in) ....
7 Amounts from line 4
8 Gross income from interest,

(f) Total

(a) 2006

(bl 2007

(c)2008

(d) 2009

(el 2010

4157870.

4010100.

2936908.

3931825.

4485499.

266,363.

190,851.

211,752.

36,819.

19522202.

d1v1dends,payments received on
securities loans, rents, royalties
and income from s1m1larsources

72.

705,857.

9 Net income from unrelated business

act1v1t1es,
whether or not the
business 1sregularly carried on
10 Other income. Do not include gain
or loss from the sale of capital
assets (Explain 1nPart IV)
11 Total support. AddImes7 through 10

214.

74,543.

500.

16,489.

91,746.
20319805.

12 Gross receipts from related act1v1t1es,

etc. (see 1nstruct1ons)
12
13 First five years. If the Form 990 1sfor the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3)

D
14 Public support percentage for 2010 (line 6, column (f) d1v1dedby line 11, column (f))

74.99

14

%
%

65.51
15
15 Public support percentage from 2009 Schedule A, Part II, line 14
16a 33 1/3% support test - 2010. If the organization did not check the box on line 13, and line 14 1s33 1/3% or more, check this box and
stop here. The organization qualifies as a publicly supported organization
b 33 1/3% support test - 2009. If the organization did not check a box on line 13 or 16a, and line 15 1s33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
17a 10% -facts-and-circumstances

test - 2010.lf the organ1zat1ondid not check a box on line 13, 16a, or 16b, and hne 14 is 10% or more,

and 1fthe organization meets the "facts-and-circumstances" test, check this box and stop here. Explain 1nPart IV how the organization
meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization
b 10% -facts-and-circumstances
test - 2009.lf the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 1s10% or
more, and 1fthe organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part IV how the
organization meets the "facts-and-circumstances test. The organization qualifies as a publicly supported organization

....

D
D

18 Private foundation. If the organization did not check a box on hne 131 16a. 16b 117a1 or 17b 1 check this box and see instructions
....
Schedule A (Form 990 or 990-EZ) 2010

032022
12-21-10

13440601

739466

FWFoundation

2010.03010

14
FreedomWorks

Foundation,

In FWFOUNDl

Pa e3

rgamzat1ons
(Complete only 1fyou checked the box on line 9 of Part I or 1fthe organization failed to qualify under Part II If the organization fails to
qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning In)~

(al2006

(bl 2007

(cl 2008

(dl 2009

(el 2010

(fl Total

(a) 2006

(b) 2007

(cl 2008

(dl 2009

(el 2010

(fl Total

1 Gifts, grants, contributions, and

membership fees received. (Do not
include any "unusual grants.")
2_Gross_rece1ptsJrom_adm1ss1ons,
merchandise sold or services performed, or fac1l1t1es
furnished 1n
any act1v1tythat 1srelated to the
organization's tax-exempt purpose
3

Gross receipts from act1v1t1esthat

are not an unrelated trade or bus1ness under section 513

4 Tax revenues levied for the organizat1on's benefit and either paid to
or expended on its behalf
5 The value of services or facilities
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 d1squal1f1edpersons
b Amounts
Included
onlines2 and3 received
fromotherthandosquahfoed
persons
that
exceedthegreater
of $5,000or 1%of the
amount on lme 13 for the year

c Add lines 7a and 7b

8

Public suooort ,~uhor,c

line7ctrnm lines1

Section B. Total Support

Calendar year (or fiscal year beginning In)~
9 Amounts from line 6
10a Gross income from interest,
d1v1dends,payments received on
securities loans, rents, royalties
and income from s1m1larsources
b Unrelatedbusinesstaxableincome
(less section 511 taxes)from businesses
acquiredafter June 30, 1975
c Add lines 1Oa and 1Ob
11 Net income from unrelated business
activ1t1esnot included 1nline 1Ob,
whether or not the business 1s
regularly carried on
12 Other income. Do not include gain
or loss from the sale of capital
assets (Explain in Part IV.)
13 Total support(Addlines9, 1oc,11,and12)
14 First five years. If the Form 990 is 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. Computation of Public Support Percentage

15 Public support percentage for 2010 (line 8, column (f) d1v1dedby line 13, column (f))

15

16 Public su

16

ort

ercenta e from 2009 Schedule A, Part Ill, line 15

Section D. Computation

%
%

of Investment Income Percentage

17 Investment income percentage for 2010 (line 1Oc, column (f) d1v1dedby line 13, column (f))
18 Investment income percentage from 2009 Schedule A, Part Ill, line 17

17

%
%

._1_8__.
_____________

19a 33 1/3% support tests 2010. If the organization did not check the box on line 14, and line 15 1smore than 33 1/3%, and line 17 1snot
more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
b 33 1/3% support tests - 2009. If the organization did not check a box on line 14 or line 19a, and line 16 1smore than 33 1/3%, and
line 18 1snot more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
20

Private foundation.

If the organization did not check a box on line 14 1 19a 1 or 19b 1 check this box and see instructions

03202312-21-10

13440601

739466

~D
~D

Schedule A (Form 990 or 990-EZ) 2010

FWFoundation

2010.03010

15
FreedomWorks

Foundation,

In FWFOUNDl

S~hed~leA.Form990or990

art

2010

FreedomWorks

Foundation,

Inc.

52-1526916

Pa e4

Supplemental Information. Complete this part to provide the explanations required by Part II, line 1O; Part II, line 17a or 17b;
and Part Ill, line 12. Also complete this part for any add1t1onal1nformat1on(See instructions).

Schedule
Other

A, Part

program

II,

Line

10,

Explanation

for

Other

revenue

Schedule A (Form 990 or 990-EZ) 2010

032024 12-21-10

13440601

Income:

739466

FWFoundation

2010.03010

16
FreedomWorks

Foundation,

In FWFOUNDl

\1
/

SCHED.Ut:.ED

Supplemental Financial Statements

(Form 990)

~ Complete if the organization answered "Yes," to Form 990,

2010

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

~ Attach to Form 990. ~ See separate instructions.

Department ol the Treasury

Internal Revenue Service

Open to Public
Inspection

Name of the organization

Employer identification number

FreedomWorks
Part I

OMB No 1545-0047

Organizations

Foundation,

Inc.

52-1526916

Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete ,f the

organization answered "Yes" to Form 990 Part IV line 6

'

1
2

Total number at end of year . ____----~

Aggregate contributions to (during year)

--

'

..

om

(a) Donor advised funds

(b) Funds and other accounts

Aggregate grants from (during year)

Aggregate value at end of year

Did the organization inform all donors and donor advisors in writing that the assets held ,n donor advised funds

are the organization's property, subject to the organization's exclusive legal control?
Did the organization inform all grantees, donors, and donor advisors 1nwriting 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 rivate benefit?
Part II
Conservation Easements. Complete 1fthe organization answered "Yes" to Form 990, Part IV, line 7.

Dves

DNo

Dves

DNo

Purpose(s) of conservation easements held by the organization (check all that apply).
D
Preservation of land for public use (e.g., recreation or education)
D
Preservation of an historically important land area

Protection of natural habitat

Preservation of open space

Preservation of a cert1f1edhistoric structure

Complete lines 2a through 2d 1fthe organization held a qualified conservation contribution 1nthe form of a conservation easement on the last
day of the tax year.
Held at the Endof the Tax Year
2a
2b

a Total number of conservation easements

b Total acreage restricted by conservation easements
c Number of conservation easements on a cert1f1edhistoric structure included 1n(a)

2c

d Number of conservation easements included 1n(c) acquired after 8/17 /06, and not on a historic structure
3

2d
listed ,n the National Register
Number of conservation easements mod1f1ed,transferred, released, extinguished, or terminated by the organization during the tax

4
5

year~------Number of states where property subject to conservation easement 1slocated ~ ------Does the organization have a written policy regarding the periodic monitoring, 1nspect1on,handling of

v1olat1ons,and enforcement of the conservation easements 1tholds?

Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year~

7
8

Amount of expenses incurred 1nmonitoring, 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)(B)(i)

DNo
Dves
and section 170(h)(4)(B)(11)?
In Part XIV, describe how the organization reports conservation easements 1nits revenue and expense statement, and balance sheet, and
include, 1fapplicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for

Dves

DNo

$ -------

conservation easements.

IPart Ill I Organizations

Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.

Complete 1fthe organization answered "Yes" to Form 990, Part IV, line 8.
1a If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in ,ts revenue statement and balance sheet works of art,
historical treasures, or other s1m1larassets held for public exh1b1t1on,
education, or research 1nfurtherance of public service, provide, 1nPart XIV,
the text of the footnote to its financial statements that describes these items.
b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical
treasures, or other similar assets held for public exh1b1t1on,
education, or research 1nfurtherance of public service, provide the following amounts
relating to these items:
(i) Revenues included in Form 990, Part VIII, line 1
2

$ _______

~$

_______

~$

_______

$ _______

(ii) Assets included in Form 990, Part X

If the organization received or held works of art, historical treasures, or other similar assets for f1nanc1algain, provide
the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a Revenues included 1nForm 990, Part VIII, line 1
b Assets included in Form 990, Part X

Schedule D (Form 990) 2010

LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990.
032051
12-20-10

13440601

739466

FWFoundation

2010.03010

22
FreedomWorks

Foundation,

In FWFOUNDl

S~heduleD.Form990

Part Ill
3

2010

FreedomWorks

Or anizations Maintainin

Foundation,

Inc.

52-1526916

Collections of Art, Historical Treasures, or Other Similar Assets

Pa e2

(continued)

llsing the organization's acqu1sit1on,accession, and other records, check any of the following that are a s1gnif1cantuse of its collection items
(check all that apply)
a
b
c

D
D
D

Public exh1b1t1on

Scholarly research
Preservation for future generations

Loan or exchange programs

Other

~~~~~~~~~~~~~~~~~~~~~~~-

Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIV.
During the year, did the organization sol1c1tor receive donations of art, historical treasures, or other s1m1larassets
to be sold to raise funds rather than to be ma1nta1nedas art of the or anization's collection?
D
Yes
Part IV Escrow and Custodial Arrangements. Complete 1fthe organization 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 in Part XIV and complete the following table:

DYes

No

DNo

Amount
c Beginning balance
1c
d Add1t1onsdunng the year
1d
1e
e Distnbutions dunng the year
1f
Ending balance
LJ No
LJYes
2a Did the organization include an amount on Form 990, Part X, line 21?
b If" Yes exolain the arranaement in Part XIV
I Part V I Endowment Funds. Complete 1fthe organization answered "Yes" to Form 990, Part IV, line 1O.
(cl Two yearsback (dl Threeyearsback {el Fouryearsback
(bl Prior year
(al Current vear
1a
b
c
d
e
f

g
2
a
b
c
3a

Beginning of year balance

Contnbut1ons
Net investment earnings, gains, and losses
Grants or scholarships
Other expenditures for fac11it1es
and programs
Administrative expenses
End of year balance
Provide the estimated percentage of the year end balance held as:
Board designated or quasi-endowment ....
%
Permanent endowment ....
%
Term endowment ....
%
Are there endowment funds not 1nthe possession of the organization that are held and administered for the organization

(a) Cost or other

basis (investment)

(b) Cost or other

basis (other)

'

Yes

by:
(i) unrelated organizations
(ii) related organizations
b If "Yes" to 3a(11),
are the related organizations listed as required on Schedule R?
Descnbe 1nPart XIV the intended uses of t he oraanizat1on's end owment f und s
4
I Part VI I Land, Buildings, and Equipment. See Form 990, Part x. line 1o.
Description of investment

No

3afil
3a(iil
3b

(d) Book value

(c) Accumulated
deprec1at1on

1a Land
b Buildings
c Leasehold improvements
d Equipment
e Other
Total. Add lines 1a throuoh 1e (Column (d) must eaual Form 990, Part X, column (BJ, /me 10(c) J

o.

Schedule D (Form 990) 2010

032052
1~-20-10

13440601

739466

FWFoundation

2010.03010

23
FreedomWorks

Foundation,

In FWFOUNDl

FreedomWorks

Schedule D (Form 9901 2010

I Part

VIII Investments - Other Securities.

Foundation,

See Form 990, Part

(a) Description of security or category

(including name of security)

Inc.

52-1526916

Page3

x, line 12.
(c) Method of valuation:
Cost or end-of-year market value

(b) Book value

(1) F1nanc1alderivatives
(2) Closely-held equity interests
(3) Other

(Al
(Bl

Private
restricted

equity,
use

End-of-Year

989,472.

Market

Value

(Cl
(Dl
(E\
(F)

(Gl
(Hl
(I)

989,472.

Total. (Col (b) must eQualForm 990, Part X, col (B) hne 12.)~

I Part

VIII I Investments - Program Related.

See Form 990, Part

(a) Description of investment type

x, hne 13.
(c) Method of valuation:
Cost or end-of-year market value

(b) Book value

(1 l
(2)
(31
(4)
(51
(6)

(71
(81
(9)
(10)

Total (Col (b) must eQualForm 990, Part X, col (B) line 13.)~

I Part

IX

Other Assets.

See Form 990, Part X, line 15.

(a) Description

(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)

(71
(8)
(91
(10)
~

Total. (Column (b) must eaua/ Form 990, Part X, col (B) /me 15)
X Other Liabilities. See Form 990, Part x, line 25.
(a) Description of hab1hty
1.

I Part

(1)

Federal income taxes

(2)

Due to

related

(b)Amount

organization

523,210.

(31
(41
(5)
(6)

(71
(8)
(9)
(10)
(11)

Total. (Column (b) must equal Form 990, Part X, col (B) /me 25)
"

"+O ,,,........

'"!'I

2, FIN 48 (ASC 740)

032053

..,,.,.. ,..,....

1n

A.IV,

~ ................

1ne

........

01

uu, .........,....u

lU

Liii;

-:,-

523,210.

~
;;a,---

;;a,,u,.,,,,,..1uw1

UICU

.,.,....,.,,

..

UIC'

I
...

--

IUI

739466

LdA

t-'"'""'"'"'' ,..,...,, ,..,._..

Schedule D (Form 990) 2010

12-20-10

13440601

.. , ,,......, ,.,.,.

FWFoundation

2010.03010

24
Freedomworks

Foundation,

In FWFOUNDl

FreedomWorks

Schedule D (Form 990) 201 O

I Part XI I Reconciliation

Foundation,

52-1526916

Inc.

rotal revenue (Form 990, Part VIII, column (A), line 12)

Total expenses (Form 990, Part IX, column (A), line 25)

Excess or (def1c1t)for the year. Subtract line 2 from line 1

Net unrealized gains (losses) on investments

Donated services and use of fac1l1t1es

Total adjustments (net). Add lines 4 through 8

5
6
7
8
9

Excess or (def1c1tlfor the vear oer audited financial statements. Combine lines 3 and 9

10

5
6
7
8
9
10

Page4

of Change in Net Assets from Form 990 to Audited Financial Statements

Investment expenses
Prior period adjustments
Other (Describe 1nPart XIV)_,,

I Part XII I Reconciliation

4,503,330.
3,944,624.
558,706.
<82,643.>

<82,643.>
476,063.

of Revenue per Audited Financial Statements With Revenue per Return

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

Amounts included on line 1 but not on Form 990, Part VIII, line 12:

4,423,237.

a Net unrealized gains on investments

2a

b Donated services and use of fac11it1es

c Recoveries of prior year grants

2b

<82,643.1>
2,550.

2c

d Other (Describe in Part XIV.)

e Add lines 2a through 2d
3 Subtract line 2e from line 1

2d
3

<80,093.>
4,503,330.

4c
5

4,503,330.

2e

Amounts included on Form 990, Part VIII, line 12, but not on line 1:

I 4a I

a Investment expenses not included on Form 990, Part VIII, line ?b

4b

b Other (Describe in Part XIV )

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

I Part XIIII Reconciliation

1

3
4

of Expenses per Audited Financial Statements With Expenses per Return

1

Total expenses and losses per audited financial statements

Amounts included on line 1 but not on Form 990, Part IX, line 25:

a Donated services and use of fac11it1es

2a

b Prior year adjustments

c Other losses
d Other (Describe in Part XIV.)

2b
2c
2d
2e
3

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 ?b

2,550.
3,944,624.

I 4a I
4b

b Other (Describe in Part XIV )

c Add lines 4a and 4b
5 Total exoenses. Add lines 3 and 4c. (This must eaua/ Form 990, Part/, /me 18)

XIVI Supplemental

3,947,174.

2,550.

e Add lines 2a through 2d

Subtract line 2e from line 1

I Part

0.

4c
5

0.
3,944,o:i4.

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

Part

X, Line

positions

for

2:

The Foundation

the

year

ended

had

no significant

December

31,

uncertain

tax

2010.

Schedule D (Form 990) 2010

032054
12-20-10

13440601

739466

FWFoundation

2010.03010

25
FreedomWorks

Foundation,

In FWFOUNDl

SCHEDU(.E F
(Form 990)
Department of the Treasury
Internal Revenue Service

2010

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

Part IV, line 14b, 15, or 16.
.....Attach to Form 990. .....See separate instructions.

Name of the organization

Open to Public
Inspection
Employer identification number

FreedomWorks
Foundation,
Inc.
I Part I I General Information on Activities Outside the United States.
____

OMB No 1545-004 7

Statement of Activities Outside the United States

52-1526916
Complete 1fthe organization answered "Yes"

to Form 990, Part IV, line 14b

1__ F~o_r
grantmakers. Does_1he_organ1zat1on_ma1ntam_records-to
substantiate-the-amount-of-the grants-or-ass1stance,the-------------grantees' elig1b1l1ty
for the grants or assistance, and the selection criteria used to award the grants or assistance?

EXJYes D

For grantmakers. Describe 1nPart V the organization's procedures for monitoring the use of grant funds outside the United States.

Act1v1t1es
cer Rea1on.(The following Part
(a) Region
(b) Number of
offices
1nthe region

Europe
Iceland

I, line 3 table can be duplicated 1fadd1t1onalspace 1sneeded.)

(e) If act1v1tylisted 1n(d)
(c) Number of
(d) Act1v1t1es
conducted in region
employees,
(by type) (e.g., fundra1s1ng,program
1sa program service,
agents, and
services, investments, grants to
describe specific type
mderrendent
con ractors
recipients located 1nthe region)
of serv1ce(s)in region
in remon

Contribution

(Including

& Greenland)

~ocated

in

to

No

(f) Total
expenditures
for and
investments
1nregion

recipient
109,000,

region,

109,000,

0
0
Sub-total
b Total from continuation
0
0
sheets to Part I
c Totals (add lines 3a
0
0
and 3bl
LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990.

3a

0.
109,000,

Schedule F (Form 990) 2010

032071
12-20-10

13440601

739466

FWFoundation

2010.03010

26
FreedomWorks

Foundation,

In FWFOUNDl

ScheduleF(Form990)2010
Part II

FreedomWorks

Foundation,

Inc.

52-1526916

Paoe2

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete 1fthe organization answered "Yes" to Form 990, Part IV, line 15, for any

I
I

recipient who received more than $5,000. Check this box 1fno one rec1p1entreceived more than $5,000
Part II can be duplicated 1fadd1t1onalspace 1sneeded.

1
(a) Name of organization

(b) IRScodesection
and EIN(1fapplicable)

(c) Region

~urope
Iceland

(Including

&

Greenland)

(g) Amount of
non-cash
of cash grant cash disbursement
assistance

(d) Purpose of

(e)Amount

grant

General

support

(h) Desc~1pt1on
of non-cash
ass1sta;nce
I

~o

(i) Method of
~aluat1on (book, FMV,
appraisal, other)

of

he Organization's
mission.

109,000.

;.Jire transfers

0.

Enter total number of rec1p1entorganizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by
the IRS, or for which the grantee or counsel has provided a section 501 (c)(3) equ1valency letter

(t} Manner of

Enter total number of other or~1zat1ons or entities

Schedule F (Form 990) 2010

032072
12-20-10

27

Schedule F {Form 990! 201 O

Part Ill

FreedomWorks

Foundation,

Inc.

52-1526916

Page3

Grants and Other Assistance to Individuals Outside the United States. Complete 1fthe organization answered "Yes" to Form 990, Part IV, hne 16.
Part Ill can be duplicated 1faddrt:1onalspace 1sneeded.

(a) Type of grant or assistance

(b) Region

(c) Number of
rec1p1ents

(d) Amount of
cash grant

(e) Manner of
cash disbursement

(f) Amount of
non-cash
assistance

(g) Descript1dn of
non-cash assistance

(h) Method of
valuation
(book, FMV,
appraisal, other)

Schedule F (Form 990) 2010

032073
12-20-10

28

FreedomWorks

Foundation,

52-1526916

Inc.

Pa e4

Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If 'Yes,' the

organization may be required to fife Form 926, Return by

a U.S. Transferor of Property to a Foreign

D

Corporation (see Instructions for Form 926)

Yes

[X]

No

Did the organization have an interest in a foreign trust during the tax year? If 'Yes, the organization

may be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and

~=~--=~------

Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Fore1g_n_1i_ru_s_t_W._'tth
______

a US Owner (see Instructions for Forms 3520 and 3520-A) .. .. .. . . .. . ..

.. .. .. .. . . .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. .. .. .. ..

00

No

DYes

[X]

No

DYes

00

No

DYes

00

No

00

No

Yes

Did the organization have an ownership interest 1na foreign corporation during the tax year? If 'Yes,'

the organization may be required to fife Form 54 71, Information Return of U.S. Persons with respect to
Certain Foreign Corporations

(see lnstruct,ons for Form 5471)

Was the organization a direct or 1nd1rectshareholder of a passive foreign investment company or a

qualified electing fund during the tax year? If 'Yes,' the organtzat1on may be required to fife Form 8621,
Return by a Shareholder of a Passive Foreign Investment Company or Quaflf1ed Electing Fund. (see

Instructions for Form 8621)

Did the organization have an ownership interest 1na foreign partnership during the tax year? If 'Yes,'

the organization may be reqwred to file Form 8865, Return of U.S Persons with respect to Certain
Foreign Partnerships

(see Instructions for Form 8865)

Did the organization have any operations 1nor related to any boycotting countries during the tax year? If
'Yes,' the organization may be reqwred to fife Form 5713, lnternat1onal Boycott Report (see Instructions

for Form 5713)

Yes

Schedule F (Form 990) 2010

032074

12-20-10

13440601

739466

FWFoundation

2010.03010

29
Freedomworks

Foundation,

In FWFOUNDl

Schedule F Farm99D 2010

FreedomWorks

Foundation,

Inc.

5 2 -15 2 6 916

Pa e 5

Supplemental Information
Complete this part to provide the 1nformat1onrequired by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method);
Part II, line 1 (accounting method); Part Ill (accounting method), and Part Ill, column (c) (estimated number of recipients), as applicable.
Also complete this part to provide any add1t1onal1nformat1on.

Schedule

F, Part

organizations

with

I,

Line
similar

2: Contributions
goals

are

made to support

and missions.

Schedule F (Form 990) 2010

032075 12-20-10

13440601

739466

FWFoundation

2010.03010

30
FreedomWorks

Foundation,

In FWFOUNDl

Supplemental Information Regarding

Fundraising or Gaming Activities

SCHEDULt G
(Form 990 or 990-EZ)

Name of the organization

FreedomWorks
____

2010

Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19,
Open To Pubhc
or if the organization entered more than $15,000 on Form 990-EZ, line 6a.
Inspection
Attach to Form 990 or Form 990-EZ.
Seese arate instructions.
Employer identification number

Department of the Treasury

Internal Revenue Service

IPart I I

OMB No 1545-0047

Fundraising Activities.

Foundation,

52-1526916

Inc.

Complete 1fthe organization answered "Yes' to Form 990, Part IV, hne 17. Form 990-EZ filers are not

required to complete this part.

1_1_nd1catewhether the organ1zat1on_ra1sedJunds_throughany-of-the-following act1v1t1es.Check-all-that-apply-.-----------------a

b
c
d

00 Mail sohc1tat1ons

00 Internet and email sohc1tat1ons

CXJPhone sohc1tat1ons
CXJIn-person solic1tat1ons

[X]

D
gD
f

Solicitation of non-government grants

Solic1tat1onof government grants
Special fundraising events

2 a Did the organization have a written or oral agreement with any ind1v1dual(1nclud1ngofficers, directors, trustees or
key employees listed 1nForm 990, Part VII) or entity 1nconnection with professional fundra1s1ngservices?

DNo

00Yes

b If "Yes," list the ten highest paid md1v1dualsor ent1t1es(fundra1sers) pursuant to agreements under which the fundra1ser 1sto be
compensated at least $5,000 by the organization.
(i) Name and address of 1nd1v1dual
or entity (fundra1ser)
Stephen
Clouse
& Associates,
Inc,
- 43538 Golden Meadow
Clearword
Group,

(ii) Act1v1ty

(ii~ Did
tun raiser

(iv) Gross receipts

from act1v1ty

h!v~o~~s~r~r
contnbut1ons?

Yes

(v) Amount paid

to (or retained by)
fund raiser
listed in col. (i)

(vi) Amount paid

to (or retained by)
organization

No

IFundraising

Counsel

558,959,

11,138,

547,821,

Direct

Services

289,541.

15,018,

274,523,

Communication
Inc,

- 12841

Braemar

Mail

822,344,
848,500,
26,156,
~
3 List all states 1nwhich the organization 1sregistered or licensed to sohc1tcontributions or has been notified 1t1sexempt from reg1strat1on
or l1cens1ng.

Total

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,NV,NH,NM,NY,NC,ND,0H,0K,0R,NH,PA,RI,SC,SD,TN,TX,UT,VT,VA,WA,WV,WI,WY

LHA Paperwork Reduction Act Notice, see the Instructions

See

Part

IV for

for Form 990 or 990-EZ.

ScheduleG(Form 990 or 990-EZ)2010

continuations

032081 01-13-11

13440601

739466

FWFoundation

2010.03010

31
FreedomWorks

Foundation,

In

FWFOUNDl

2010

un raising

FreedomWorks

Foundation,

Inc.

52-1526916

Pa e2

vents. Complete 1fthe organization answered "Yes to Form 990, Part IV, line 18, or reported more than $15,000

of fund raising event contributions and gross income on Form 990-EZ, lines 1 and 6b List events wrth gross receipts greater than $5,000.
(a) Event #1

(event type)

Q)

(c) Other events

(bl Event #2

(d) Total events

(add col. (a) through
col. (c))

(total number)

(event type)

::J

cQ)
>
Q)

a: 1 Gross receipts

IJ)

Q)

Less: Charitable contributions

Gross income (line 1 minus line 2)

Cash prizes

Noncash prizes

IJ)

'

cQ)

c. 6

RenVfac1l1tycosts

t5

11! 7

Food and beverages

ci

Entertainment

9 Other direct expenses

10 Direct expense summary. Add lines 4 through 9 1ncolumn (d)
11 Net income summarv. Combine line 3 column (dl and line 10

I Part

Ill

Gaming. Complete 1fthe organization answered "Yes" to Form 990, Part IV, line 19, or reported more than

$15,000 on Form 990-EZ, line 6a

(bl Pull tabs/instant
bingo/progressivebingo

(a) Bingo

Q)

::J

cQ)
>
Q)

a:

(d) Total gaming (add

col. (a) through col. (c))

(c) Other gaming

1 Gross revenue

IJ)

Q)

Cash prizes

IJ)

cQ)

c. 3
~

t5

11! 4

ci

Noncash prizes
RenVfac1l1tycosts
Other direct expenses
LJYes
DNo

% LJYes

% LJYes

Volunteer labor

Direct expense summary. Add lines 2 through 5 1ncolumn (d)

Net oam1no income summary Combine line 1 column d and line 7

DNo

~ ,<

DNo

:.

I
I

Enter the state(s) 1nwhich the organization operates gaming act1vrt1es:------------------.,.......,...--.,....-,-a Is the organization licensed to operate gaming act1v1ties1neach of these states?

LJ Yes LJ No

b If "No," explain: --------------------------------------------

LJ Yes LJ No

10a Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year?
b If "Yes," explain:--------------------------------------------

Schedule G (Form 990 or 990-EZ) 2010

032082 01-13-11

13440601

739466

FWFoundation

2010.03010

32
FreedomWorks

Foundation,

In FWFOUNDl

Schedule G Form990or990-

FreedomWorks

2010

Foundation,

Inc.

11 Does the organization operate gaming act1v1t1es

with nonmembers?

No

12 Is the organization a grantor, benef1c1aryor trustee of a trust or a member of a partnership or other entity formed
to administer charitable gaming?

Dves

13 Indicate the percentage of gaming act1v1tyoperated in:

a The organization's facility
b An outside facility

13a
13b

14

DNo
%
%

Enter the name and address of the person who prepares the organization's gam1ng/spec1alevents books and records:
Name ....

Address .... --------------------------------------------15a Does the organization have a contract with a third party from whom the organization receives gaming revenue?
b If "Yes," enter the amount of gaming revenue received by the organization .... $
of gaming revenue retained by the third party .... $ ------c If "Yes," enter name and address of the third party:

Dves

No

and the amount

-------

Name .... ---------------------------------------------Address .... --------------------------------------------16 Gaming manager 1nformat1on.

Name .... ---------------------------------------------Gaming manager compensation .... $ ------Description of services provided .... -------------------------------------

Director/officer

Employee

Independent contractor

17 Mandatory d1stribut1ons:
a Is the organization required under state law to make charitable d1stribut1onsfrom the gaming proceeds to
Dves
DNo
retain the state gaming license?
b Enter the amount of d1stribut1onsrequired under state law to be distributed to other exempt organizations or spent 1nthe
or anizat1on's own exem t activ1t1esdurin the tax ear
$
Part IV
Supplemental Information. Complete this part to provide the explanations required by Part I, line 2b, columns (111)
and (v), and Part Ill,
lines 9, 9b, 1Ob, 15b, 15c, 16, and 1?b, as applicable. Also complete this part to provide any add1t1onal1nformat1on(see 1nstruct1ons).

Schedule

G, Part

I,

(i)

Name of

Fundraiser:

(i)

Address

of

(i)

Name of

Fundraiser:

(i)

Address

of

12841

Braemar

Line

2b,

List

Stephen

Fundraiser:

43538

Clearword

of

Ten Highest

Clouse

Paid

& Associates,

Golden

Ashburn,

Group,

VA

20147

Inc.

Fundraiser:
Village

Plaza,

#51,

Bristow,

VA

20136
Schedule G (Form 990 or 990-EZ) 2010

032083 01-13-11

13440601

Inc.

Meadow Circle,

Communication

Fundraisers:

739466

FWFoundation

2010.03010

33
FreedomWorks

Foundation,

In FWFOUNDl

OMB No 1545-0047

SCHEDULE I
(Form 990)

Grants and Other Assistance to Organizations,

2010

Governments, and Individuals in the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22.

Department of the Treasury

InternalRevenue Service

Open to Public
Inspection

~ Attach to Form 990.

Name of the organization

Employer identification

FreedomWorks

Inc.

Foundation,

I Part h~i:I
General Information_ on Grants and Assistan~
1

number

52-1526916

Does the organization ma1nta1nrecords to substantiate the amount of the grants or assistance, the grantees' elig1b11ity
for the grants or assistance, and the selection

criteria used to award the grants or assistance?

Describe 1nPart IV the orQanizat1on'sprocedures for monitorinQ the use of qrant funds 1nthe United States

[X]

Yes

0No

Part~ll--'.j Grants and Other Assistance to Governments and Organizations in the United States. Complete 1fthe organization answered "Yes" to Form 990, Part IV, line 21, for any

..

1 (a) Name and address of organization

or government

-.

(b) EIN

(c) IRC section

1fapplicable

(d) Amount of
cash grant

(e) Amount of
non-cash
assistance

w.

Ohio Street

I
- -

(g) Description of
non-cash assistance

(h) Purpose of grant

or assistance

beneral

Indianapolis,

IN 46204

Indiana

to Life

Right

Advance America
101

- (f)llllethoa oT
valuation (book,
FMV, appraisal,
other)

35-1510587

20,000.

o.

support

pJganization's

Fund - 8520 Allison

Blvd,

Suite

Pointe

220 - Indianapolis,

IN

General

46250

35-1816219

501(c)(3)

20,000.

0.

support

b~ganization's
~he purpose

Floor

LLC

ti.al the

110 Arnold

Mill

Woodstock,

GA 30188

2
3

LHA

Park,

Suite

200
15,000.

For Paperwor1< Reduction Act Notice, see the Instructions for Form 990.

Part

IV for

Column

(h)

the

of
of

the

grant
and

a film

a)11ed "Runaway Slave";

I
~
I~

Enter total number of section 501 (c)(3) and government organizations

See

0.

of

mission.

production

~Jstribution
20-4039366

Enter total number of other organizations

032101 01-13-11

the

Education

Trust

Ground

of

mission.

1.
2

[Schedule I (Form 990) (2010)

descriptions
34

Schedule 1(Fonn 990) 120101

FreedomWorks
Foundation,
Inc.
Part III
Grants and Other Assistance to Individuals in the United States. Complete 1fthe organization answered "Yes" to Form 990, Part IV, hne 22.
Part JJIcan be duphcated 1faddrt1onal space 1sneeded.

(a) Type of grant or assistance

I Part

IV

Suoolemental

Schedule
are

Part

in

I,
line

II,

Name of

I,

with

the

l,

and

compelli~g

journey

complex

issues

2:

(d) Amount of noncash assistance

(e) Method of valuation

(book, FMV, appraisal, other)

or

race

expenses

to

ensure

(f) Deschpt1on of non-cash assistance

they

budget.

Government:

Ground

or Assistance:

of

reviews

Paqe2

{h}:

distribution

of

The Foundation

proposed

Column

of Grant

production

032102 01-13-11

Line

Organization

{h} Purpose

(c) Amount of
cash grant

Information. Complete this part to provide the information required in Part I, line 2, and any other additional 1nformat1on.

Part

line

(b) Number of
rec1p1ents

52-1526916

of

one
and

The purpose

a film

person

Floor

across

called
the

LLC
of

the

"Runaway
United

grant
Slave";

States

to

is

the

a
address

the

politics.
35

Schedule I (Form 990) (2010)

SCHEDULEJ
(Form 990)

Department of the Treasury

Internal Revenue Service

Compensation Information

OMB No 1545-0047

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

Compensated Employees
lill- Complete if the organization answered "Yes" to Form 990,
Part IV, line 23.
.....Attach to Form 990.
lill-See separate instructions.

2010

Name of the organization

Open to Public
Inspection
Employer identification

FreedomWorks
Foundation,
I Part I I Questions Regarding Compensation

Inc.

number

52-1526916
Yes

1a Check the appropriate box(es) 1fth~o_r:g?n1zat10__1J_prov1d_e.d_any_ofJheJollowing_to_or-for---a-person-listed-1n-Form-990-,

----~

--

No
--

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

[XJ
[XJ

D
D

D
D

First-class or charter travel

Travel for companions

D
D

Tax 1ndemnif1cat1onand gross-up payments

01scret1onary spending account

Housing allowance or residence for personal use

Payments for business use of personal residence
Health or social club dues or init1at1onfees
Personal services (e.g., maid, chauffeur, chef)

b If any of the boxes on line 1a are checked, did the organization follow a written policy regarding payment or
reimbursement or prov1s1onof all of the expenses described above? If "No," complete Part Ill to explain
2 Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all officers, directors,
trustees, and the CEO/Executive Director, regarding the items checked in line 1a?
3

1b

Indicate which, 1fany, of the following the organization uses to establish the compensation of the organization's
CEO/Executive Director. Check all that apply.

!XJCompensation committee
D Independent compensation
[X]

consultant

Form 990 of other organizations

Written employment contract

[XJ
[X]

Approval by the board or compensation committee

Compensation survey or study

During the year, did any person listed in Form 990, Part VII, Section A, line 1a, with respect to the f1l1ng

organization or a related organization:

a Receive a severance payment or change-of-control payment from the organization or a related organization?

4a

b Part1c1patein, or receive payment from, a supplemental nonqual1f1edretirement plan?

c Part1c1pate1n,or receive payment from, an eqwty-based compensation arrangement?
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part Ill.

4b
4c

Only section 501(c)(3) and 501(c)(4) organizations

5

x
x
x

must complete lines 5-9.

For persons listed 1nForm 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation
contingent on the revenues of:

a The organization?

5a

b Any related organization?

5b

x
x

a The organization?

6a

b Any related organization?

6b

If "Yes" to line Sa or Sb, describe 1nPart Ill.

6

For persons listed 1nForm 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation
contingent on the net earnings of:

If "Yes" to line 6a or 6b, describe 1nPart Ill.

7

For persons listed 1nForm 990, Part VII, Section A, line 1a, did the organization provide any non-fixed payments

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

not described 1nlines 5 and 6? If "Yes," describe 1nPart Ill

1n1t1al
contract exception described 1nRegulations section 53.4958-4(a)(3)? If "Yes," describe in Part Ill
9

x
x

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

Reaulat1ons section 53 4958-Slc\?

LHA For Paperwork Reduction Act Notice, see the Instructions

Schedule J (Form 990) 2010

for Form 990.

032111
12-21-10

13440601

739466

FWFoundation

2010.03010

36
FreedomWorks

Foundation,

In

FWFOUNDl

52-1526916
FreedomWorks
Foundation,
Inc.
Schedule J (Form 990) 201 O
Part II I Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

Paqe2

For each 1nd1v1dualwhose compensation must be reported 1nSchedule J, report compensation from the organization on row (1)and from related orgamzat1ons, describe~ 1nthe 1nstruct1ons, on row (11)
Do not list any individuals that are not listed on Form 990, Part VII
Note. The sum of columns (B)(i)-(11i)
must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.
(B) Breakdown of W-2 and/or 1099-MISC compensation
(i) Base
compensation

(A) Name

(i)
1

Matt

Kibbe

Hon.

Richard

Judi th

Wayne Brough

(ii)

(i)

K. Armey

(ii)

(il

Mulcahy

(ii)

(i)
(ii)
(i)

s Mary Byrne

(ii)

(i)

s Richard

Walker

(ii)
(il

Adam Brandon

(ii)

(i)

s Max Pappas

(ii)

(i)
(ii)

10

(il
(ii)

119,302.
155,698.
250,000.
250,000.
70,809.
79,191.
91,814.
48,290.
53,564.
92,436.
42,656.
79,873.
45,432.
56,860.
78,860.
61,139.

(iii) Other
reportable
compensation

(ii) Bonus &

1ncent1ve
compensation

0.
0.
0.
0.

5,084.
6,572.
0.
0.
636.
844.
973.
507.
176.
304.
349.
651.
443.
557.
560.
440.

16,125.
21,375.
22,500.
0.
10,875.
10,875.
12,000.
12,000.
16,250.
16,250.
15,500.
15,500.

(ii)

12

(ii)

13

(ii)

14

(ii)

15

(il
(ii)

16

liil

7,197.
9,303.

ce1

(D)
Nontaxable
benefits

Total of tolumns
I
(B)(1)-(D)

8,082.
10,447.
0.
0.

0.
0.
4,053.
5,372.
10,846.
5,654.
0.
0.
4,120.
7,680.
6,019.
7,560.
4,812.
3,788.

7,556.
10,016.
5,970.
3,113.
2,623.
4,517.
5,960.
11,109.
6,277.
7,884.
3,691.
2,906.

13~,665.
182,020.
250,000.
250,000.
99,,179.
ll~,798.
132,103.
571, 564.
671, 238.
1081, 132.
651, 085.
1111, 313.
741,421.
891,111.
1031, 423.
831, 773.

(Fl
Compensation
reported 1nprior
Form 990 or
Form990-EZ

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

o.
0.
0.
0.
0.

o.
0.

I
I
I
I

I
I
I
I
I
I
I
I
I
I
I
I

(i)
11

(C)
Retirement and
other deferred
compensation

(i)
(i)
(i)

(i)

Schedule J (Form 990) 2010

37

032112 12-21-10

-------

--

Schedule J (Form 990) 201 o

FreedomWor ks

Foundation,

52-1526916

Inc

Paqe3

Part Ill I Supplemental Information

Complete this part to provide the mfonnat1on, explanation, or descriptions required for Part I, lines 1a, 1b, 4c, Sa, Sb, Ga, 6b, 7, and 8 Also complete this part for any add1t1onal1nformat1on.

Part

I,

Line

contract,

flies

la:

First-class
first-class

travel:
for

business

Richard
trips

Armey
and,

- pursuant
at

times,

to

terms

of

with

companions.

Schedule J (Form 990) 2010

032113 12-21-10

38

SCHEDUL~ L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service

Transactions With Interested Persons

OMB No 1545-0047

2010

.... 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.

Open To Public
Inspection

Name of the organization

Employer identification

FreedomWorks

Foundation,

enef1t ransact1ons

Inc.

number

52-1526916

{sectron 501 (c){3) and sectron 501 {c){4) organizatrons only}.

Comolete 1fthe orgamzatron answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, lrne 40b.

(a)-Name of d1squalrfred person ___

--(-bf

(cl Corrected?

Descriptron of transaction

Yes

No

2 Enter the amount of tax rmposed on the orgamzatron managers or d1squalrf1edpersons during the year under
.... $ -------.... $ --------

sectron 4958

3 Enter the amount of tax, 1fany, on line 2, above, reimbursed by the organization

IPart Ii I

Loans to and/or From Interested Persons.

Como ete rf the oroamzat1on answered ''Y es " on Form 990, Part IV, I1ne26 , or Form 990 EZ Pa rt V , I1ne38 a.
(fl Approvea
(e) In
(a) Name of interested
(b) Loan to or from
(c) Original principal
(d) Balance due
by board or
amount
default?
person and purpose
the organization?
?

..

To

Yes

From

Yes

No

Yes

No

.... $

Total

I Part

No

(g) Written
agreement?

Ill

I Grants or Assistance Benefiting Interested Persons.

Comolete 1fthe oroamzat1on answered "Yes" on Form 990, Part IV , lrne 27
(a) Name of interested person

LHA For Paperwork Reduction Act Notice, see the Instructions

032131

(c) Amount and type of

assistance

(b) Relat1onsh1pbetween interested person and

the organization

for Form 990 or 990-EZ.

Schedule L (Form 990 or 990-EZ) 2010

12-21-10

13440601

739466

FWFoundation

2010.03010

39
FreedomWorks

Foundation,

In FWFOUNDl

FreedomWorks

Foundation,

Inc.

52-1526916
Pa e2

ersons.
Complete 1fthe oraanizat1on answered "Yes" on Form 990, Part IV, hne 28a, 28b, or 28c.
(a) Name of interested person

(b) Relat1onsh1pbetween interested

person and the organization

(d) Descnpt1on of
transaction

(c) Amount of
transaction

{eJ .::,nanngof
organization's
revenues?
Yes

Dagny,

LLC

President's

spouse

Management

33,000.

No

I
I

I Part

I Supplemental

Information

Complete this part to provide add1t1onal1nformat1onfor responses to questions on Schedule L (see instructions).

Sch L,

Part

IV,

(a)

Name of

(b)

Relationship

President's
(d)

Description

Business

Person:

Transactions

Dagny,
Between

spouse
of

is

Involving

Interested

LLC
Interested

Person

and

Organization:

100% owner

Transaction:

Management

consulting

Schedule L (Form 990 or 990-EZ) 2010

032132
12-21-10

13440601

Persons:

739466

FWFoundation

2010.03010

40
FreedomWorks

Foundation,

In FWFOUNDl

SCHEDUL~ M
(Form 990)

Noncash Contributions

OMB No 1545-0047

Name of the organization

I Part

Foundation,

----------------------,applicable-

Art - Works of art

2
3

Art Historical treasures

Art Fractional interests
Books and publications
Clothing and household goods
Cars and other vehicles
Boats and planes
Intellectual property

12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27

28
29

Inc.

Types of Property

9
10
11

Open to Public
Inspection
Employer identification number

FreedomWorks

Check 1f

4
5
6
7
8

2010

~ Complete if the organizations answered "Yes" on Form

990, Part IV, lines 29 or 30.
~ Attach to Form 990.

Department of the Treasury

Internal Revenue Service

52-1526916

00
~
~
Number of
Noncash contribut1on__ ____
Mc:..:..:ce""th-'-'occ:d-'---o::cf---:d"-'e'--'t=er
______
_
1
-contributrons-or- -amounts-reported-on
noncash contribution amounts
items contributed Form 990 Part VIII line 1 a

46,438.
2
Securities - Publicly traded
Securities - Closely held stock
Securities - Partnership, LLC, or
trust interests
Securities - Miscellaneous
Qualified conservation contribution
Historic structures
Qualified conservation contribution - Other
Real estate - Res1dent1al
Real estate - Commercial
Real estate - Other
Collectibles
Food inventory
Drugs and medical supplies
Taxidermy
Historical artifacts
Sc1ent1f1c
specimens
Archeolog1cal artifacts
(
)
Other ~
)
Other ~
(
)
(
Other ~
(
)
Other ~
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement

Fair

market

30a During the year, did the organization receive by contribution any property reported 1nPart I, lines 1-28 that 1tmust hold for
at least three years from the date of the 1nit1alcontribution, and which is not required to be used for exempt purposes for
the entire holding period?
b If "Yes," describe the arrangement in Part II.
31 Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions?
b If "Yes," describe 1nPart II.
33 If the organization did not report an amount in column (c) for a type of property for which column (a) 1schecked,
describe 1nPart II.
LHA

value

Yes

No

--

30a

31

32a

Schedule M (Form 990) (2010)

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

032141
12-23-10

13440601

739466

FWFoundation

2010.03010

41
FreedomWorks

Foundation,

In FWFOUNDl

SCHEDULl; 0
(Form 990 or 990-EZ)

Complete to provide information for responses to specific questions on

Form 990 or 990-EZ or to provide any additional information.
liJJ,,
Attach to Form 990 or 990-EZ.

Department of the Treasury

Internal Revenue Service

Name of the organization

2010

Open to Public
Inspection

Employer identification number

FreedomWorks
Form 990,

OMB No 1545-004 7

Supplemental Information to Form 990 or 990-EZ

Part

I,

Line

Part

III,

l,

Foundation,

Inc.

Description

52-1526916

of Organization

Mission:

policy.

Form 990,
Freedom

Connector:

launching

to

Part

Grassroots
other

Line

that

broadly

CPA firm

Part
and

general

VI,
draft

copy

counsel

and

comments

after

reviews

editing.

After

edits

President

and

Form 990,

Part

and

annually

employees

between
Foundation.

all

VI,

are
are

for

Section

by the

such

Program

Board

disclose

conflict

in

its

ideas

Services:

large
our

grants

B, line

11:

provided

to

members

compiled

made,

own individual
If

Other

board

Treasurer

shall

their

is

interested

and

tour.

promotes

Section

developing

other.

and

including

in

people

Executing

556,885.

Form 990,

each

4d,

Mobilization:

Expenses$

signed

with

Services:

participated

enabling

Book launch

III,

events

New Program

platform

network

me Liberty:

Form 990,

2,

The Foundation

an online

and programs
Give

Line

core

economic

of$

170,408.

Foundation
and

audit

final

review,

B, Line

12c:

interests
does

exist,

with
form

signature

and
to

the

and

and

Secretary

director

LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

of
or

by independent
staff,
for

990 is

employees.

those

and

O.

outside
review.

CPA firm

and

Governance

of Directors
annually

prepared

committee

of

rallies

issues.

senior

discussed

version

scale

Revenue$

Form 990 is

and

final

and medium

All

for

provided

to

the

filing.

Ethics

Policy

Board

is

of directors

any direct

conflict

FreedomWorks
employee

shall

provide

Schedule O (Form 990 or 990-EZ) (2010)

032211
01-24-11

13440601

739466

FWFoundation

2010.03010

42
FreedomWorks

Foundation,

In FWFOUNDl

Schedule O F rm 990 or 990Name of the organization

201 O

Pa e2
Employer identification number

FreedomWorks
the

Secretary

written

attempting
matter

to
has

Form

990,

Part

VI,

and

990's
is

semi-annual

Board

compensation

The process
the

Form

then

for

990,

Part

15:

on information

other

DC-based

the

to

to

CEO and

determining
is

VI,

relationship

refrain

Foundation

until

obtained

from
the

discuss

includes

completion

from

outside

with

compensation
and vote

our

similar

This

general

budgets.

committee
on.

of

at

process

This

a
includes

Chairman.

compensation

17,

shall

The process

non-profits

the

determined

Line

and

on FreedomWorks

B, Line

meeting

52-1526916

resolved.

presented

organization

such

influence
and

Inc.

based

of

for

of

Section

study

information

of

any

reviewed

a compensation
counsel

notice

exert

been

Foundation,

List

of

by the

of

other

officers

or

key

employees

President.

States

receiving

copy

of

Form 990:

AL,AK,AR,AZ,CA,CO,CT,DC,FL,GA,HI,IL,KS,KY,LA,ME,MD,MA,MI,MN,MS,MO,NH,NJ,NM
NY,NC,ND,OH,OK,OR,PA,RI,SC,UT,VT,VA,WA,WV,WI,TN

Form

990,

the

Part

following

documents,
status,

VI,

Section

documents
the

conflict

of

statements.

Form

Part

Net

unrealized

Form

990,

Part

available

IRS exemption

financial

990,

C, Line

XI,
losses

XII,

for

policy,

5,

FreedomWorks
public

application,

interest

line

19:

Changes

in

inspection:
IRS letter

prior

three

Net

Assets:

recognizing

years

Line

makes

all

governing

of

the

exempt
Form 990 and

-82,643.

on investments:

2C:
Schedule O (Form 990 or 990-EZ) (2010)

01-24-11

13440601

Foundation

739466

FWFoundation

2010.03010

43
FreedomWorks

Foundation,

In FWFOUNDl

..

..

Pa e2

Name of the organization

Employer identification number

FreedomWorks
FreedomWorks

Foundation

responsibility
and

for

selection

Form

990,

Average

Part

Richard

Matt

Kibbe,

VP of

Max Pappas,

VP of

Public

Jordan,

Adam Brandon,

VP of
VP of

21 hours
per

Fed.

per

20 hours
21 hours
per

21 hours

& Grassroots

& State

week

per

per

21 hours

week

week

week

Campaigns,

Campaigns,

Communications,

per

week

21 hours
per

21 hours
per

per

week

week

week

Schedule O (Form 990 or 990-EZ) (2010)

01-24-11

13440601

statements

week

21 hours

Policy,

VP Political

financial

B:

Research/Secretary,

Development,

John

its

Operations/Treasurer,

VP of

Walker,

of

assumes

Organization

21 hours

VP of

audit

that

accountant.

Chairman,

President,

52-1526916

commmittee

A, Column

Byrne,

Richard

the

Week on Related

K. Armey,

Mulcahy,

of

Section

Inc.

an audit

an independent

Per

Wayne Brough,
Mary

has

oversight

VII,

Hours

Hon.

Judith

of

Foundation,

739466

FWFoundation
------

2010.03010
-

----

44
Freedomworks

Foundation,

In FWFOUNDl

OMB No 1545-0047

Related Organizations and Unrelated Partnerships

SCHEDULER
(Form990)

2010

.... 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.

Department of the Treasury

InternalRevenue Service

Elnployer identification number'

Name of the organization

FreedomWorks
Part I

_..

Open to Public
Inspection

Foundation,

I 152-1526916

Inc.

Identification of Disregarded Entities (Complete 1fthe organization answered "Yes" to Form 990, Part IV, hne 33.)
(a)
Name, address, and EIN
of disregarded entity

(b)
Primary activity

(c)

(d)

Legal domicile (state or

Total income

foreign country)

(e)
End-of-yea,

"""'1

(f)
Direct controlling
entity

Part II

Identification of Related Tax-Exempt Organizations (Complete 1fthe organization answered "Yes" to Form 990, Part IV, hne 34 because 1thad one or more telated tax-exempt
organizations during the tax year.)
(a)
Name, address, and EIN
of related organization

FreedomWorks,
Inc. - 52-1349353
400 North Capitol
Street,
NW, 11765
Washington,
DC 20001

(b)
Primary act1v1ty

Public policy,
and educational
organization.

(c)

(d)

Legal dom1c1le(state or
foreign country)

Exempt Code
section

LHA

(e)
Public charity
status (1fsection
501(c)(3))

(f)
Direct controlling

Ientity

Sect1o}?J2(bX13)
controlled
en11ty?

Yes

No

advocacy
District

of Columbia

~Ol(c)(4)

~/A

Schedule R (Form 990) 2010

For Paperwork Reduction Act Notice, see the Instructions for Form 990.
032161
12-21-10

I
I

45

'

FreedomWorks

ScheduleR(Fonn990)2010

Foundation,

I 52-1526916

Inc.

Page2

Part Ill

(a)

(b)

(c)

(d)

Name, address, and EIN

of related organization

Primary activity

Legal
domocole
(state or

Direct controlling
entity

foreign

country)

Part IV

(e)
(f)
Predominantincome
Share of total
~related,unrelated,
income
exc udedfrom tax under
sections512-514)

(g)

(h)

Share of
end-of-year
assets

Disproportionlate allocatoons?

Yes

No

(j)
(k)
(i)
General oo Percentage
CodeV-UBI
amount in box managing ownership
20 of Schedule partner?
K-1 (Form 1065) Yes No

Identification of Related Organizations Taxable as a Corporation or Trust (Complete 1fthe organization answered "Yes" to Form 990, Part IV, hne 34 bec~use 1thad one or more related
organizations treated as a corporation or trust during the tax year.)
I
(a)

(b)

Name, address, and EIN

of related organization

Primary act1v1ty

(c)

(d)

(e)

Legal dom,cole
(state or

Direct controlling
entity

Type of entity
(C corp, S corp,
or trust)

foreign

country)

032162 12-21-10

46

(f)
Share of tota
income

I
I

Identification of Related Organizations Taxable as a Partnership (Complete 1fthe organization answered "Yes" to Form 990, Part IV, hne 34 because 1thad one or more related
organizations treated as a partnership during the tax year.)
I

(g)

(h)

Share of
end-of-year
assets

Percentage
ownership

Schedule R (Form 990) 2010

ScheduleR(Form990)2010
Part V

FreedomWorks

Foundation,

Inc.

Transactions With Related Organizations (Complete 1fthe organization answered "Yes" to Form 990, Part IV, line 34, 35, 35a, or 36.)

I 52-1526916

Page3

Note. Complete line 1 1fany entity 1slisted 1nParts II, Ill, or IV of this schedule.

Yes

During the tax year, did the organization engage 1nany of the following transactions with one or more related organizations listed in Parts II-IV?

1b

b Gift, grant, or capital contribution to other organization(s)

c Gift, grant, or caprtal contribution from other organizat1on(s)

1c

..

d Loans or loan guarantees to or for other organizat1on(s)

1d

e Loans or loan guarantees by other organization(s)

1e

I
f

Sale of assets to other organization(s)

g Purchase of assets from other organization(s)

Lease of fac1lrt1es,equipment, or other assets to other organizat1on(s)

Lease of fac1lrt1es,equipment, or other assets from other organizat1on(s)

1f
1g

I
I

h Exchange of assets
i

1h
1i
1i
1k

k Performance of services or membership or fund raising solicitations for other organizat1on(s)

I Performance of services or membership or fundra,sing sohc1tat1onsby other organizat1on(s)

m Sharing of fac1lrt1es,equipment, mailing lists, or other assets

11

1m

Nd

x
x
x
x
x

1a

a Receipt of (i) interest (ii) annu1t1es(iii) royalties or (iv) rent from a controlled entity

~.

x
x
x
x

x
x
x
x
x
x

n Sharing of paid employees

1n

o Reimbursement paid to other organization for expenses

1o

p Reimbursement paid by other organization for expenses

1D

1a

x
x

q Other transfer of cash or property to other organizat1on(s)

Other transfer of cash or property from other orc;ianizat1on(sl
y,
f th
h

(a)
Name of other organization

I
I

his I

(b)
Transaction
type (a-r)

lud

d relationsh

(c)
Amount involved

1r

hreshold

(d)\
Method of d termining
1
amount involved
I

273,310.

(1)

FreedomWorks,

Inc.

(2)

FreedomWorks,

Inc.

(3)

FreedomWorks,

Inc.

93,325.

rracked

directly

(4)

FreedomWorks,

Inc.

758,296.

Tracked

directly

1,242,131.

~llocated

based

on space

used

Allocated

based

ohemployee

time

(5)

(6)
032163 12-21-10

----

47

I
Schedule R (Form 990) 2010

ScheduleR(Form990)2010
Part VI

FreedomWorks

Foundation,

Inc.

I 52-1526916
I

Unrelated Organizations Taxable as a Partnership (Complete 1fthe organization answered "Yes" to Form 990, Part IV, hne 37.)

Page4,.

.-

Provide the following 1nformat1onfor each entity taxed as a partnership through which the organization conducted more than five percent of rts act1v1t1es
(measured by tbtal assets or gross revenue)
that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
I
(a)

(b)

(c)

(d)

(e)

(f)

(g)

(h)

Name, address, and EIN

of entity

Primary act1v1ty

Legal domicile
(state or foreign
country)

Are all partners

eOCIIOn501(cX3

Share of end-of
year assets

Disproport1onate
allocat,ons?

CodeV-UBI
amount in box 20
of Schedule K-1
(Form 1065)

General or
managing
partner?

organizations?

Yes

No

Yes

Nol

Yes

No

Schedule R (Form 990) 2010

032164
12-21-10

48

...,.,

8868

Application for Extension of Time To File an

Exempt Organization Return

Form
(Rev. January 2011)
Oepartmeni of the Treasury
lntemal Revenue Service

OMB No. 1545-1709

.... File a separate application for each return.

If you are f1hngfor 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 flied Form 8868.
Electronic filing (e-file). You can electronically file Form 8868 1fyou need a 3-month automatic extension of time to file (6 months for a corporat1on
required to file Form 990-1), or an add1t1onal(not automatic) 3-month extension of time. You can electronically file Form 8868 to request an extension
Assoc1ated.W1th-Certain-----of time to file any of the forms listed 1nPart I or Part II with the excei:1tionof Form &_870,Jn1ormat1on.Return.for_Transfers
Personal Benefit Contracts, which must be sent to the IRS 1npaper format (see instructions). For more details on the electronic f1hngof this form,
v1s1twww.1rs ov/ef1/e and click on e-f1/e for Char,t1es & Non refits
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 (mc/udmg 1120-C filers), partnerships, REM/Cs, and trusts must use Form 7004 to request an extension of time
to file mcome tax returns.

Type or

Name of exempt organization

Employer identification

number

print
File by the
due date for
llllng your
return See
Instructions

FreedomWorks

Foundation,

Inc.

52-1526916

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

400 North

Capitol

Street,

NW,

No.

765

City, town or post office, state, and ZIP code. For a foreign address, see instructions.

Washington,

DC

20001

Enter the Return code for the return that this application 1sfor (file a separate appl1cat1onfor each return)
Application
Is For

Return
Code
01

Form 990
Form 990-BL
Form 990-EZ
Form 990-PF
Form 990-T !sec. 401 !al or 4081al trustl
Form 990-T (trust other than above)

02

Form 1041-A

03
04

Form4720
Form 5227

05

Form 6069

06

Form8870

10
11

If the organization does not have an office or place of business in the United States, check this box
If this 1sfor a Group Return, enter the organization's four d1g1tGroup Exemption Number (GEN)
1

~D

- 400 North
DC 20001

12

.
Capitol

l!i:D . If 1t1sfor part of the group, check this box

Code
07
08
09

The Organization
Thebooksaremthecareof
.... 765 - Washington,
Telephone No..... 2 0 2 - 7 8 3 - 3 8 7 0

box

Return

Application
Is For
Form 990-T (coroorat1on)

Street,

NW, Suite

FAX No .....
. If this is for the whole group, check this

and attach a hst with the names and EINs of all members the extension 1sfor.

I request an automatic 3-month (6 months for a corporat1on required to file Form 990-1) extension of time until
Augu St 15 , 2 0 11
, to file the exempt organization return for the organization named above. The extension
1sfor the organization's return for:

....00 calendar year 2 0 1 0 or

....D tax year beginning -----------2

If the tax year entered 1nline 1 is for less than 12 months, check reason:

D
3a
b

, and ending ____________

Initial return

Final return

Change in accounting period

If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any
nonrefundable credits. See 1nstruct1ons.

3a

0.

3b

0.

3c

0.

If this application 1sfor Form 990-PF, 990-T, 4720, or 6069, enter any refundable credits and
estimated tax oavments made. Include anv oner vear overoavment allowed as a credit.

Balance due. Subtract line 3b from hne 3a. Include your payment with this form, 1frequired,
bv usma EFTPS (Electronic Federal Tax Pavment Svsteml. See 1nstruct1ons.

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

For Paperwork Reduction Act Notice, see Instructions.

Form 8868 (Rev. 1-2011)

023841
01-03-11

12420511

739466

FWFoundation

2010.03010

48
Freedomworks

Foundation,

In

FWFOUNDl