FREEDOMWORKS FOUNDATION

WASHINGTON, DC, 20002-8105 (202) 783-3870 Est. 1989 EIN 52-1526916
C00A— Environment Form 990 501(c)(3)
foundation.freedomworks.org

Mission

THE MISSION OF FREEDOMWORKS FOUNDATION IS TO EDUCATE AND EMPOWER AMERICANS WITH THE PRINCIPLES OF INDIVIDUAL LIBERTY, SMALL GOVERNMENT, AND FREE MARKETS. EDUCATION IS THE ANIMATING FORCE THAT INFORMS THE DAILY ACTIVITIES AT FREEDOMWORKS FOUNDATION. THE ORGANIZATION WAS FOUNDED IN 1984 ON THE CAMPUS OF GEORGE MASON UNIVERSITY-A CENTER FOR AMERICAN FREE-MARKET ECONOMIC THOUGHT. SINCE THOSE EARLY DAYS, WE HAVE CONTINUED TO PURSUE A GOAL OF PRESERVING LIBERTY BY EDUCATION AMERICANS ABOUT FREE-MARKETS, LIMITED GOVERNMENT, AND INDIVIDUAL LIBERTY.

Giving Portfolio

Total Grants
6
Total Giving
$786K
Recipients
5
Years Active
2020 - 2022
Avg grant: $135,569 Median: $200,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20222$67K $34K10
20211$200K $200K10
20203$519K $173K30

Sectors Funded

Public & Societal Benefit
3
Human Services
3

Top States

Virginia
3
Ohio
1
Georgia
1
Maryland
1

Grantee Size Profile

Under $100K
2
$5M - $10M
2
$10M - $50M
1
$500K - $1M
1

Top Grantees

Grants Awarded · 6 grants

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Financials

Total Revenue
$4,607,322
Total Expenses
$4,556,267
Net Assets
$1,370,830
5,000 volunteers
From latest filing (tax period ending 2023-12-31)

Financial Health

Operating Reserve
3.6 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 35.9%
Expenses ↓ 45.9%
Revenue Sources
Contributions 99.9% Investment 0.1%
Expense Breakdown
Program 94.2% Management 3.8% Fundraising 2.0%

Officers & Trustees (16)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$4,607,322 $4,556,267$1,370,830
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$7,186,346 $8,423,843$1,319,588
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$7,186,346 $8,423,843$1,319,588
2021 Form 990
Jan 1, 2021 to Dec 31, 2021
$7,527,754 $8,604,982$2,600,289
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$8,379,908 $6,805,394$3,720,243
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$7,185,920 $4,973,527$1,140,219

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EIN: 52-1526916 · Source: IRS Form 990 e-file data