Foundation For American Freedom
- Assets
- $368.6k
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-5511681
Organization Overview
Foundation For American Freedom, operating under the name Foundation for American Freedom, is located in Alexandria, VA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation for American Freedom is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Foundation for American Freedom generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $6.0m during the year ending 12/2021. While expenses have increased by 16.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Foundation for American Freedom has awarded 21 individual grants totaling $27,478,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDATION FOR AMERICAN FREEDOM FUNDS, PROMOTES, SPONSORS, AND FACILITATES INDEPENDENT NONPARTISAN EDUCATIONAL AND RELATED ACTIVITIES DEDICATED TO IMPROVING THE LIVES OF AMERICANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED GRANTS SUPPORTING INVESTIGATIVE JOURNALISM TO EDUCATE THE PUBLIC, HELPING AMERICANS BETTER UNDERSTAND THE ACTIONS OF THEIR ELECTED OFFICIALS AND THE STATE OF THEIR DEMOCRACY AND CULTURE.
PROVIDED GRANTS TO EDUCATE AND CULTIVATE THE NEXT GENERATION OF SCHOLARS AND FOREIGN POLICY LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Maclean Secretary/treasurer | OfficerTrustee | 10 | $25,000 |
Mary Katharine Fountain President | OfficerTrustee | 1 | $25,000 |
Jaime Sneider Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,195,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,195,500 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,195,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,940,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,000 |
| Compensation of current officers, directors, key employees. | $50,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,740 |
| Fees for services: Accounting | $23,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $671 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,339 |
| All other expenses | $0 |
| Total functional expenses | $6,019,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $368,633 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $368,633 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $368,633 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $368,633 |
Grants Awarded
Over the last fiscal year, Foundation For American Freedom has awarded $5,940,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FREE BEACON LLC PURPOSE: EDUCATE THE PUBLIC THROUGH INVESTIGATIVE JOURNALISM | $5,840,000 |
New York, NY PURPOSE: EDUCATE THE PUBLIC THROUGH INVESTIGATIVE JOURNALISM | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foundation For American Freedom has recieved totaling $5,845,500.
| Awarding Organization | Amount |
|---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $5,795,500 |
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Executive Leadership Council Inc Washington, DC | $54,122,664 | $27,390,915 |
Stoddard Baptist Home Washington, DC | $9,543,224 | $16,392,235 |
Voter Registration Project Washington, DC | $11,195,050 | $17,087,982 |
Yum Brands Foundation Inc Louisville, KY | $62,047,633 | $1,353,894 |
Robert F Kennedy Center For Justice And Human Rights Washington, DC | $60,116,357 | $7,527,165 |
Mvle Inc Springfield, VA | $9,312,046 | $13,677,162 |
Valley Health Care Inc Mill Creek, WV | $12,122,859 | $14,871,772 |
Potomac Institute For Policy Studies Arlington, VA | $5,742,038 | $10,808,828 |
The Daily Planet Inc Richmond, VA | $12,184,739 | $13,097,113 |
Target Community & Educational Services Inc Westminster, MD | $11,202,014 | $11,395,481 |
National Association Of Landscape Professionals Inc Fairfax, VA | $7,212,406 | $10,869,487 |
Bill Of Rights Institute Arlington, VA | $5,390,472 | $9,362,557 |