Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
FREELANDS FOUNDATION
C/O P WARDYNSKI
Number and street (or P.O. box number if mail is not delivered to street address)100 W LIBERTY ST NO 750
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RENO, NV895011952
A Employer identification number

47-3819627
B Telephone number (see instructions)

(917) 679-6817
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$97,135,683J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 77 77  
4 Dividends and interest from securities... 707,023 707,023  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 76,115,833
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 707,100 76,822,933  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 884,777 60,118   768,945
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 46,920 11,051   38,342
16a Legal fees (attach schedule)......... Click to see attachment 209,058 0   255,656
b Accounting fees (attach schedule)....... Click to see attachment 120,866 0   105,155
c Other professional fees (attach schedule).... Click to see attachment 264,718 51,746   209,763
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,112,009 0   12,663
19 Depreciation (attach schedule) and depletion... 88,809 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 10,450 0   10,573
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 502,423 1,801   496,732
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,240,030 124,716   1,897,829
25 Contributions, gifts, grants paid....... 4,877,312 4,741,515
26 Total expenses and disbursements. Add lines 24 and 25 8,117,342 124,716   6,639,344
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,410,242
b Net investment income (if negative, enter -0-) 76,698,217
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 794,494 247,645 247,645
2 Savings and temporary cash investments......... 8,964,386 78,186,179 78,186,179
3 Accounts receivable bullet1,827
Less: allowance for doubtful accounts bullet   3,533 1,827 1,827
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 98,312,880 Click to see attachment13,753,493 13,753,493
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,738,811 Click to see attachment4,897,739 4,897,739
14 Land, buildings, and equipment: basis bullet90,188
Less: accumulated depreciation (attach schedule) bullet41,388 127,489 48,800 48,800
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 112,941,593 97,135,683 97,135,683
Liabilities 17 Accounts payable and accrued expenses.......... 132,460 170,246
18 Grants payable................. 78,191 59,378
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 210,651 229,624
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 1 1
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 112,730,941 96,906,058
29 Total net assets or fund balances (see instructions)..... 112,730,942 96,906,059
30 Total liabilities and net assets/fund balances (see instructions). 112,941,593 97,135,683
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
112,730,942
2
Enter amount from Part I, line 27a .....................
2
-7,410,242
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
3,113,671
4
Add lines 1, 2, and 3 ..........................
4
108,434,371
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
11,528,312
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
96,906,059
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 76,115,833     76,115,833
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       76,115,833
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 76,115,833
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 1,066,105
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 1,066,105
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,066,105
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 1,100,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,100,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 33,895
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet33,895 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletDE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.FREELANDSFOUNDATION.CO.UK
    14
    The books are in care ofbulletKATE HARDIE Telephone no.bullet (917) 679-6817

    Located atbullet100 W LIBERTY ST STE 750RENONV ZIP+4bullet895011952
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletUK, LU
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ELISABETH MURDOCH TREASURER, DIRECTOR
    10.00     		0 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    PAULA WARDYNSKI SECRETARY, DIRECTOR
    5.00     		0 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    NICK PIANIM PRESIDENT, DIRECTOR
    5.00     		0 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    MELANIE CASSOFF MANAGING DIRECTOR
    55.00     		388,265 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    DR HENRY WARD CREATIVE DIRECTOR
    40.00     		135,015 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    MARK DEVEREUX TRUSTEE
    7.00     		0 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    SARAH VON SCHMIDT TRUSTEE
    5.00     		0 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    KEITH TYSON TRUSTEE
    5.00     		0 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    JESSICA HEWITT HEAD OF FINANCE
    32.00     		115,188 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    VICTORIA CARMICHAEL HEAD OF EDUCATION
    32.00     		76,098 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    RACHEL CASS HEAD OF COMMUNICATIO
    40.00     		57,493 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    CAROLINE ROLF OFFICE MANAGER
    40.00     		50,668 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    FARRER & CO LLP LEGAL 137,437
    66 LINCOLNS INN FIELDS LONDON WC2A
    3LH
    UK
    HATO PRESS PRODUCTION COSTS 85,940
    6 SCAWFELL STREET LONDON E2 8NG
    UK
    SUZANNE M REISMAN LEGAL 72,974
    35 PICCADILLY 3RD FLOOR LONDON W1J
    0DW
    UK
    DELOITTE TAX LLP TAX SERVICES 72,861
    111 S WACKER DR STE 1800
    CHICAGO,IL60606
    DASUNI LIMITED INFORMATION TECHNOLOGY 66,409
    BOUNDARY HOUSE BOSTON ROAD LONDON
    W7 2QE
    UK
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 FREELANDS ARTIST PROGRAMMEA 5 YEAR PROGRAMME WAS LAUNCHED WHICH WILL SUPPORT EMERGINGARTISTS BASED IN THE UK'S 4 NATIONS. EACH NATION WILL RUN A5 YEAR PROGRAMME, SUPPORTING COHORTS OF 5 NEW ARTISTS EACHPER ANNUM AND EACH ARTIST WILL ALSO RECEIVE A 5,000 GBPGRANT EACH YEAR FOR THE 2 YEARS OF THEIR PROGRAMME. THETOTAL SPEND OVER 5 YEARS WILL BE OVER 1,500,000 GBP. THEORGANIZATIONS WERE SELECTED IN JUNE 2018 BASED ON AN OPENCALL APPLICATION PROCESS AND THE PROGRAMMES COMMENCED INSEPTEMBER 2018. FOLLOWING THE OUTBREAK OF THE GLOBAL PANDEMIC, A DECISION WAS MADE IN APRIL 2020 TO EXTEND THE PROGRAMME BY 3 MONTHS, PROVIDING EXISTING PARTICIPANTS AND ORGANISATIONS WITH AN ADDITIONAL 3 MONTHS OF FUNDING. 96,322
    2 GALLERY FREELANDS FOUNDATIONTHE FOUNDATION GALLERY IS OPEN TO THE PUBLIC 4 DAYS A WEEK. IT HOSTS A VARIED PROGRAMME OF EXHIBITIONS RELATING TO THE BROADER FOUNDATION WORK AND REFLECTS THE THEMES WHICH THE FOUNDATION EXPLORES. THESE INCLUDE EXHIBITIONS DEVELOPED IN PARTNERSHIP WITH THE UCL/IOE THAT DISPLAY THE WORK PRODUCED BY THE STUDENTS IN RESPONSE TO PROGRAMMES WE RUN, AS WELL AS SHOWS RELATING TO PROJECTS WE ARE WORKING ON DIRECTLY WITH SCHOOLS AND COMMUNITIES. 2020 ALSO SAW THE GALLERY HOST THE FIRST ANNUAL FREELANDS PAINTING PRIZE EXHIBITION, AN INITIATIVE SUPPORTING THE TEACHING OF PAINTING AT ART SCHOOLS ACROSS THE UK. 73,279
    3 INSTITUTE OF EDUCATIONFREELANDS FOUNDATION WORKS IN PARTNERSHIP WITH UCL/IOE DELIVERING A PROJECT FOR THE POSTGRADUATE STUDENTS TRAINING TO BE SECONDARY SCHOOL ART TEACHERS. THE PROJECT ENCOURAGES THE STUDENTS TO EXPLORE PROGRESSIVE APPROACHES TO TEACHING ART AND DESIGN. IN THE 2019-20 ACADEMIC YEAR THE FOUNDATION WORKED OVER 40 STUDENTS, AND HAS WORKED WITH APPROXIMATELY 240 STUDENTS TO DATE 20,819
    4 SCHOOLSTHE FOUNDATION DELIEVERED A YEAR LONG PROJECT WITH ARTIST SEAN ROY PARKER AND HABERDASHERS' ASKE'S BOROUGH ACADEMYL, LONDON. WORKING WITH 180 STUDENTS AND STAFF, THE ACTIVITY COMPRISED OF A SERIES OF ONLINE WORKSHOPS AND PRACTICAL SESSIONS AT SCHOOL. OUTCOMES INCLUDED A ZINE, MANIFESTO AND FILM EXPLORING IDEAS FOR AN ECO-RESPONSIVE CURRICULUM. WE DEVELOPED A SERIES OF BESPOKE RESOURCES FOR OUR LOCAL PRIMARY SCHOOL, WHICH ARE NOW AVAILABLE ONLINE TO OUR WIDER AUDIENCES. 15,726
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    46,601,198
    b
    Average of monthly cash balances.......................
    1b
    43,348,646
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    89,949,844
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    89,949,844
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,349,248
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    88,600,596
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    4,430,030
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    4,430,030
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    1,066,105
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,066,105
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,363,925
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,363,925
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,363,925
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    6,639,344
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,639,344
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,639,344
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 3,363,925
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 640,679
    b From 2016...... 946,697
    c From 2017...... 116,861
    d From 2018...... 1,125,940
    e From 2019...... 1,178,920
    fTotal of lines 3a through e........ 4,009,097
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 6,639,344
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 3,363,925
    e Remaining amount distributed out of corpus 3,275,419
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 7,284,516
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		640,679
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		6,643,837
    10 Analysis of line 9:
    a Excess from 2016.... 946,697
    b Excess from 2017.... 116,861
    c Excess from 2018.... 1,125,940
    d Excess from 2019.... 1,178,920
    e Excess from 2020.... 3,275,419
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    ELISABETH MURDOCH
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SOUTH LONDON GALLERY
    65 PECKHAM ROAD
    LONDON   SE5 8UH
    UK     		N/A NC TO FUND A LONG TERM ART AND EDUCATION PROGRAM, IN WHICH INTERNATIONAL AND BRITISH ARTISTS WILL CREATE ART WORKS FOR THE RESIDENTS OF THE SCEAUX GARDENS, PELICAN AND ELMINGTON HOUSING ESTATES 154,249
    G39
    OXFORD STREET
    CARDIFF   CF24 3DT
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL)WITHIN THE GRANTEE'S COMMUNITY 57,943
    G39
    OXFORD STREET
    CARDIFF   CF24 3DT
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 26,888
    SITE GALLERY
    1 BROWN STREET
    SHEFFIELD   S1 2BS
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 50,399
    SITE GALLERY
    1 BROWN STREET
    SHEFFIELD   S1 2BS
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 25,178
    PARAGON STUDIOS LTD
    SPENCER HOUSE 71 ROYAL AVENUE
    BELFAST   BT1 1FE
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 19,384
    PARAGON STUDIOS LTD
    SPENCER HOUSE 71 ROYAL AVENUE
    BELFAST   BT1 1FE
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 28,500
    UNIVERSITY OF EDINBURGH AKA TALBOT RICE GALLERY
    CHARLES STEWART HOUSE 9-16 CHAMBERS
    STREET
    EDINBURGH   EH1 1HT
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 50,318
    UNIVERSITY OF EDINBURGH AKA TALBOT RICE GALLERY
    CHARLES STEWART HOUSE 9-16 CHAMBERS
    STREET
    EDINBURGH   EH1 1HT
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 25,178
    CAMDEN ARTS CENTRE
    ARKWRIGHT ROAD
    LONDON   NW3 6DG
    UK     		N/A NC TO BE USED TO FUND A PROJECT WHICH WILL INCLUDE: THE ANNUAL CERAMICS FELLOWSHIP - A RESIDENCY FOR EMERGING CERAMICS ARTISTS 50,587
    SPIKE ISLAND ARTSPACE LTD
    133 CUMBERLAND ROAD
    BRISTOL   BS1 6UX
    UK     		N/A NC THE GRANT/PRIZE FUNDS OF 100,000 ARE TO BE USED TO DELIVER AN EXHIBITION BY A MID-CAREER FEMALE ARTIST AS DETAILED IN THE GRANTEE'S SUBMISSION FOR THE AWARD. 25,000 OF THE PRIZE FUND IS TO BE AWARDED TO THE ARTIST BY THE GRANTEE OUT OF THE GRANT 32,375
    GASWORKS
    155 VAUXHALL STREET
    LONDON   SE11 5RH
    UK     		N/A NC THE GRANT IS TO BE USED TO FUND AN ARTIST PROGRAMME WHICH WILL BE STRUCTURED AS AN ANNUAL PROGRAMME FOR THREE YEARS IN WHICH AN EMERGING UK-BASED ARTIST LIVING AND WORKING OUTSIDE LONDON IS ENABLED TO RESEARCH, PRODUCE AND PRESENT A SIGNIFICANT NEW BODY OF WORK 59,045
    OPEN SCHOOL EAST
    1-3 HAWLEY SQUARE
    MARGATE   CT9 1PF
    UK     		N/A NC THE GRANT IS TO FUND TWO YEARS OF THE YOUNG ASSOCIATES PROGRAMME 132,539
    A-N THE ARTISTS INFORMATION COMPANY
    UNIT 18 TOYNBEE STUDIOS 28
    COMMERCIAL STREET
    LONDON   E1 6AB
    UK     		N/A NC EMERGENCY GRANT TO FUND GRANTS TO INDIVIDUALS SUFFERING SEVERE HARDSHIP AS A RESULT OF THE COVID 19 PANDEMIC 1,842,812
    ARTANGEL
    31 EYRE STREET HILL
    LONDON   EC1R 5EW
    UK     		N/A NC TO FUND 'THINKING TIME', AN INITATIVE TO PROVIDE 20 ARTISTS THE OPPORTUNITY FOR RESEARCH REFLECTION AND CONVERSION TO GIVE SHAPE TO FORMATIVE IDEAS AND PROJECTS IN RELATION TO PARTICULAR SITES, SITUATIONS OR PLATFORMS OVER A PERIOD OF 6 MONTHS 81,658
    ARTS COUNCIL OF WALES
    CYNGOR CELFYDDYDAU CYMRU PLAS BUTE
    CAERDYDD   CF10 5AL
    UK     		N/A NC EMERGENCY GRANT TO FUND GRANTS TO INDIVIDUALS SUFFERING SEVERE HARDSHIP AS A RESULT OF THE COVID 19 PANDEMIC 608,241
    COVE PARK
    PEATON HILL COVE
    ARGYLL AND BUTE   G84 0PE
    UK     		N/A NC GRANT FOR 'CRISIS RESIDENCY PROGRAMME', AN INITATIVE TO PROVIDE 10 EARLY CAREER ARTISTS WITH A RESIDENCY AT COVE PARK FOR UP TO ONE MONTH 41,391
    CREATIVE SCOTLAND
    WAVERLEY GATE 2 - 4 WATERLOO PLACE
    EDINBURGH   EH1 3EG
    UK     		N/A NC EMERGENCY GRANT TO FUND GRANTS TO INDIVIDUALS SUFFERING SEVERE HARDSHIP AS A RESULT OF THE COVID 19 PANDEMIC 1,242,024
    DRAWING ROOM
    1-27 RODNEY PLACE
    LONDON   SE17 1PP
    UK     		N/A NC GRANT FOR 'ROCK PAPER SCISSORS' IN WHICH ARTISTS WILL BE COMMISSIONED TO INSTIGATE ACTIVITY TO ALLOW LOCAL PRIMARY SCHOOL CHILDREN AND CREATIVE FREEDOM TO LEARN THROUGH RISK AND EXPERIMENTATION OVER 3 YEARS 36,923
    DUNDEE CONTEMPORARY ARTS LTD
    152 NETHERGATE
    DUNDEE   DD1 4DY
    UK     		N/A NC THE GRANTS ARE TO BE USED TO FUND THE WORK OF THE PRINT STUDIO, WHICH PROVIDES OPEN AND AFFORDABLE ACCESS TO EXPERTISE, EQUIPMENT AND COURSES FOR PRINTMAKING AND RELATED ACTIVITIES 122,156
    IKON GALLERY LTD
    1 OOZELL SQUARE BRINDLEY PLACE
    BIRMINGHAM   B1 2HS
    UK     		N/A NC GRANT FOR 'SLOW BOAT', AN ALTERNATIVE YOUTH PROGRAM WHICH RAISES FUNDEMANTAL QUESTIONS CONCERNING THE DEFINITION AND RELEVANCE OF ART AGAINST A BACK DROP OF SOCIETAL CHANGE 20,715
    THE HEPWORTH WAKEFIELD - FREELANDS AWARD YEAR 4 - 1ST INSTALLMENT OF PRIZE
    GALLERY WALK
    WAKEFIELD   WF1 5AW
    UK     		N/A NC FREELANDS AWARD PRIZE. 25,000 OF WHICH IS AWARDED B Y THE GRANTEE TO THE ARTIST OUT OF THE GRANT 33,012
    Total .................................bullet 3a 4,741,515
    bApproved for future payment
    BATH SPA UNIVERSITY
    NEWTON PARK NEWTON ST LOE
    BATH   BA2 9BN
    UK     		N/A NC FREELANDS PAINTNG FELLOWSHIP 16,327
    UNIVERSITY OF BRIGHTON
    MITHRAS HOUSE LEWES ROAD
    BRIGHTON   BN2 4AT
    UK     		N/A NC FREELANDS PAINTNG FELLOWSHIP 16,327
    MANCHESTER METROPOLITAN UNIVERSITY
    ALL SAINTS BUILDING ALL SAINTS
    MANCHESTER   M15 6BH
    UK     		N/A NC FREELANDS PAINTNG FELLOWSHIP 16,327
    MODERN ART OXFORD
    30 PEMBROOK ST
    OXFORD   OX1 1BP
    UK     		N/A NC PARTICIPATION FEE FOR FREELANDS AWARD YEAR 4 1,373
    MK GALLERY
    900 MIDSUMMER BLVD
    MILTON KEYNES   MK9 3QA
    UK     		N/A NC PARTICIPATION FEE FOR FREELANDS AWARD YEAR 4 1,366
    THE WHITWORTH
    UNIVERSITY OF MANCHESTER OXFORD
    ROAD
    MANCHESTER   M15 6ER
    UK     		N/A NC PARTICIPATION FEE FOR FREELANDS AWARD YEAR 4 1,373
    TOWNER EASTBOURNE
    DEVONSHIRE PARK COLLEGE ROAD
    EASTBOURNE   BN21 4JJ
    UK     		N/A NC PARTICIPATION FEE FOR FREELANDS AWARD YEAR 4 1,373
    FIRSTSITE
    LEWES GARDENS HIGH STREET
    COLCHESTER   CO1 1JH
    UK     		N/A NC PARTICIPATION FEE FOR FREELANDS AWARD YEAR 4 1,373
    TURNER CONTEMPORARY
    RENDEZVOUS MARGATE
    KENT   CT9 1HG
    UK     		N/A NC THE GRANTEE WILL WORK WITH ARTISTS AND GROUPS OF PEOPLE FROM THE LOCAL COMMUNITY TO COMMISSION NEW ARTWORK AND DEVELOP A MAJOR EXHIBITION, WITH THE AIM OF REALISING THE POWER OF ART AND IDEAS TO MAKE POSITIVE CHANGES 1,373
    Total .................................bullet 3b 57,212
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 77  
    4 Dividends and interest from securities....     14 707,023  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 707,100 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    707,100
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    SOUTH LONDON GALLERY65 PECKHAM ROAD
    LONDON   SE5 8UH
    UK     		N/A NC TO FUND A LONG TERM ART AND EDUCATION PROGRAM, IN WHICH INTERNATIONAL AND BRITISH ARTISTS WILL CREATE ART WORKS FOR THE RESIDENTS OF THE SCEAUX GARDENS, PELICAN AND ELMINGTON HOUSING ESTATES 154,249
    G39OXFORD STREET
    CARDIFF   CF24 3DT
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL)WITHIN THE GRANTEE'S COMMUNITY 57,943
    G39OXFORD STREET
    CARDIFF   CF24 3DT
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 26,888
    SITE GALLERY1 BROWN STREET
    SHEFFIELD   S1 2BS
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 50,399
    SITE GALLERY1 BROWN STREET
    SHEFFIELD   S1 2BS
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 25,178
    PARAGON STUDIOS LTDSPENCER HOUSE 71 ROYAL AVENUE
    BELFAST   BT1 1FE
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 19,384
    PARAGON STUDIOS LTDSPENCER HOUSE 71 ROYAL AVENUE
    BELFAST   BT1 1FE
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 28,500
    UNIVERSITY OF EDINBURGH AKA TALBOT RICE GALLERYCHARLES STEWART HOUSE 9-16 CHAMBERS
    STREET
    EDINBURGH   EH1 1HT
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 50,318
    UNIVERSITY OF EDINBURGH AKA TALBOT RICE GALLERYCHARLES STEWART HOUSE 9-16 CHAMBERS
    STREET
    EDINBURGH   EH1 1HT
    UK     		N/A NC THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL) WITHIN THE GRANTEE'S COMMUNITY 25,178
    CAMDEN ARTS CENTREARKWRIGHT ROAD
    LONDON   NW3 6DG
    UK     		N/A NC TO BE USED TO FUND A PROJECT WHICH WILL INCLUDE: THE ANNUAL CERAMICS FELLOWSHIP - A RESIDENCY FOR EMERGING CERAMICS ARTISTS 50,587
    SPIKE ISLAND ARTSPACE LTD133 CUMBERLAND ROAD
    BRISTOL   BS1 6UX
    UK     		N/A NC THE GRANT/PRIZE FUNDS OF 100,000 ARE TO BE USED TO DELIVER AN EXHIBITION BY A MID-CAREER FEMALE ARTIST AS DETAILED IN THE GRANTEE'S SUBMISSION FOR THE AWARD. 25,000 OF THE PRIZE FUND IS TO BE AWARDED TO THE ARTIST BY THE GRANTEE OUT OF THE GRANT 32,375
    GASWORKS155 VAUXHALL STREET
    LONDON   SE11 5RH
    UK     		N/A NC THE GRANT IS TO BE USED TO FUND AN ARTIST PROGRAMME WHICH WILL BE STRUCTURED AS AN ANNUAL PROGRAMME FOR THREE YEARS IN WHICH AN EMERGING UK-BASED ARTIST LIVING AND WORKING OUTSIDE LONDON IS ENABLED TO RESEARCH, PRODUCE AND PRESENT A SIGNIFICANT NEW BODY OF WORK 59,045
    OPEN SCHOOL EAST1-3 HAWLEY SQUARE
    MARGATE   CT9 1PF
    UK     		N/A NC THE GRANT IS TO FUND TWO YEARS OF THE YOUNG ASSOCIATES PROGRAMME 132,539
    A-N THE ARTISTS INFORMATION COMPANYUNIT 18 TOYNBEE STUDIOS 28
    COMMERCIAL STREET
    LONDON   E1 6AB
    UK     		N/A NC EMERGENCY GRANT TO FUND GRANTS TO INDIVIDUALS SUFFERING SEVERE HARDSHIP AS A RESULT OF THE COVID 19 PANDEMIC 1,842,812
    ARTANGEL31 EYRE STREET HILL
    LONDON   EC1R 5EW
    UK     		N/A NC TO FUND 'THINKING TIME', AN INITATIVE TO PROVIDE 20 ARTISTS THE OPPORTUNITY FOR RESEARCH REFLECTION AND CONVERSION TO GIVE SHAPE TO FORMATIVE IDEAS AND PROJECTS IN RELATION TO PARTICULAR SITES, SITUATIONS OR PLATFORMS OVER A PERIOD OF 6 MONTHS 81,658
    ARTS COUNCIL OF WALESCYNGOR CELFYDDYDAU CYMRU PLAS BUTE
    CAERDYDD   CF10 5AL
    UK     		N/A NC EMERGENCY GRANT TO FUND GRANTS TO INDIVIDUALS SUFFERING SEVERE HARDSHIP AS A RESULT OF THE COVID 19 PANDEMIC 608,241
    COVE PARKPEATON HILL COVE
    ARGYLL AND BUTE   G84 0PE
    UK     		N/A NC GRANT FOR 'CRISIS RESIDENCY PROGRAMME', AN INITATIVE TO PROVIDE 10 EARLY CAREER ARTISTS WITH A RESIDENCY AT COVE PARK FOR UP TO ONE MONTH 41,391
    CREATIVE SCOTLANDWAVERLEY GATE 2 - 4 WATERLOO PLACE
    EDINBURGH   EH1 3EG
    UK     		N/A NC EMERGENCY GRANT TO FUND GRANTS TO INDIVIDUALS SUFFERING SEVERE HARDSHIP AS A RESULT OF THE COVID 19 PANDEMIC 1,242,024
    DRAWING ROOM1-27 RODNEY PLACE
    LONDON   SE17 1PP
    UK     		N/A NC GRANT FOR 'ROCK PAPER SCISSORS' IN WHICH ARTISTS WILL BE COMMISSIONED TO INSTIGATE ACTIVITY TO ALLOW LOCAL PRIMARY SCHOOL CHILDREN AND CREATIVE FREEDOM TO LEARN THROUGH RISK AND EXPERIMENTATION OVER 3 YEARS 36,923
    DUNDEE CONTEMPORARY ARTS LTD152 NETHERGATE
    DUNDEE   DD1 4DY
    UK     		N/A NC THE GRANTS ARE TO BE USED TO FUND THE WORK OF THE PRINT STUDIO, WHICH PROVIDES OPEN AND AFFORDABLE ACCESS TO EXPERTISE, EQUIPMENT AND COURSES FOR PRINTMAKING AND RELATED ACTIVITIES 122,156
    IKON GALLERY LTD1 OOZELL SQUARE BRINDLEY PLACE
    BIRMINGHAM   B1 2HS
    UK     		N/A NC GRANT FOR 'SLOW BOAT', AN ALTERNATIVE YOUTH PROGRAM WHICH RAISES FUNDEMANTAL QUESTIONS CONCERNING THE DEFINITION AND RELEVANCE OF ART AGAINST A BACK DROP OF SOCIETAL CHANGE 20,715
    THE HEPWORTH WAKEFIELD - FREELANDS AWARD YEAR 4 - 1ST INSTALLMENT OF PRIZEGALLERY WALK
    WAKEFIELD   WF1 5AW
    UK     		N/A NC FREELANDS AWARD PRIZE. 25,000 OF WHICH IS AWARDED B Y THE GRANTEE TO THE ARTIST OUT OF THE GRANT 33,012
    Total ...............................bullet 3a 4,741,515
    bApproved for future payment
    BATH SPA UNIVERSITYNEWTON PARK NEWTON ST LOE
    BATH   BA2 9BN
    UK     		N/A NC FREELANDS PAINTNG FELLOWSHIP 16,327
    UNIVERSITY OF BRIGHTONMITHRAS HOUSE LEWES ROAD
    BRIGHTON   BN2 4AT
    UK     		N/A NC FREELANDS PAINTNG FELLOWSHIP 16,327
    MANCHESTER METROPOLITAN UNIVERSITYALL SAINTS BUILDING ALL SAINTS
    MANCHESTER   M15 6BH
    UK     		N/A NC FREELANDS PAINTNG FELLOWSHIP 16,327
    MODERN ART OXFORD30 PEMBROOK ST
    OXFORD   OX1 1BP
    UK     		N/A NC PARTICIPATION FEE FOR FREELANDS AWARD YEAR 4 1,373
    MK GALLERY900 MIDSUMMER BLVD
    MILTON KEYNES   MK9 3QA
    UK     		N/A NC PARTICIPATION FEE FOR FREELANDS AWARD YEAR 4 1,366
    THE WHITWORTHUNIVERSITY OF MANCHESTER OXFORD
    ROAD
    MANCHESTER   M15 6ER
    UK     		N/A NC PARTICIPATION FEE FOR FREELANDS AWARD YEAR 4 1,373
    TOWNER EASTBOURNEDEVONSHIRE PARK COLLEGE ROAD
    EASTBOURNE   BN21 4JJ
    UK     		N/A NC PARTICIPATION FEE FOR FREELANDS AWARD YEAR 4 1,373
    FIRSTSITELEWES GARDENS HIGH STREET
    COLCHESTER   CO1 1JH
    UK     		N/A NC PARTICIPATION FEE FOR FREELANDS AWARD YEAR 4 1,373
    TURNER CONTEMPORARYRENDEZVOUS MARGATE
    KENT   CT9 1HG
    UK     		N/A NC THE GRANTEE WILL WORK WITH ARTISTS AND GROUPS OF PEOPLE FROM THE LOCAL COMMUNITY TO COMMISSION NEW ARTWORK AND DEVELOP A MAJOR EXHIBITION, WITH THE AIM OF REALISING THE POWER OF ART AND IDEAS TO MAKE POSITIVE CHANGES 1,373
    Total ................................bullet 3b 57,212

    TY 2020 AccountingFeesSchedule
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT AND ACCOUNTANCY FEES 120,866 0   105,155

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    SOUTH LONDON GALLERY
          		65 PECKHAM ROAD
    LONDON   SE5 8UH
    UK     		2016-10-14 501,628 TO FUND A PROJECT WHICH WILL INCLUDE: THE LAUNCH OF A CREATIVE NEW SPACE ON THE GROUND FLOOR OF LAKANAL RESIDENTIAL BLOCK, SCEAUX GARDENS HUSING ESTATE; A SERIES OF COMMISSIONS ON PELICAN HOUSING ESTATE; AND AN ONGOING PROGRAMME OF TRAINEESHIPS FOR YOUNG PEOPLE. 318,455 NO KNOWN DIVERSION OF FUNDS 12/18, 8/19 , 12/20/19, 5/1/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    G39
          		OXFORD STREET
    CARDIFF   CF24 3DT
    UK     		2019-01-16 528,834 THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL)WITHIN THE GRANTEE'S COMMUNITY. 160,621 NO KNOWN DIVERSION OF FUNDS 9/19/19, 11/5/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    SITE GALLERY
          		1 BROWN STREET
    SHEFFIELD   S1 2BS
    UK     		2019-03-15 542,990 THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL)WITHIN THE GRANTEE'S COMMUNITY. 118,768 NO KNOWN DIVERSION OF FUNDS 9/16/19, 8/30/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    PARAGON STUDIOS LTD
          		SPENCER HOUSE 71 ROYAL AVENUE
    BELFAST   BT1 1FE
    UK     		2018-01-11 543,656 THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL)WITHIN THE GRANTEE'S COMMUNITY. 105,604 NO KNOWN DIVERSION OF FUNDS 9/10/19, 08/31/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    UNIVERSITY OF EDINBURGH AKA TALBOT RICE GALLERY
          		CHARLES STEWART HOUSE 9-16 CHAMBERS
    STREET
    EDINBURGH   EH1 1HT
    UK     		2018-11-05 513,824 THE FUNDS ARE TO BE USED TO DEVELOP AND CURATE A SERIES OF ROLLING TWO-YEAR PROGRAMMES BASED ON THE SPECIFIC NEEDS OF FIVE SELECTED ARTISTS PER COHORT (TWENTY ARTISTS IN TOTAL)WITHIN THE GRANTEE'S COMMUNITY. 80,590 NO KNOWN DIVERSION OF FUNDS 09/12/19, 3/1/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    CAMDEN ARTS CENTRE
          		ARKWRIGHT ROAD
    LONDON   NW3 6DG
    UK     		2017-06-26 236,901 TO BE USED TO FUND A PROJECT WHICH WILL INCLUDE: THE ANNUAL CERAMICS FELLOWSHIP - A RESIDENCY FOR EMERGING CERAMICS ARTISTS. 102,672 NO KNOWN DIVERSION OF FUNDS 6/6/19, 2/28/19, 2/20/20, 2/1/21   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    SPIKE ISLAND ARTSPACE LTD
          		133 CUMBERLAND ROAD
    BRISTOL   BS1 6UX
    UK     		2018-12-21 126,543 THE FUNDS ARE TO BE USED TO DELIVER AN EXHIBITION BY A MID-CAREER FEMALE ARTIST AS DETAILED IN THE GRANTEE'S SUBMISSION FOR THE AWARD. PROVIDING FEMALE ARTISTS WITH OPPORTUNITY TO CREATE AMBITIOUS NEW WORK AND INCREASE PROFESSIONAL RECOGNITION. PART OF THE FUND IS TO BE AWARDED TO THE ARTIST BY THE GRANTEE OUT OF THE GRANT. 38,588 NO KNOWN DIVERSION OF FUNDS 9/30/19, 4/30/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    NOTTINGHAM CONTEMPORARY
          		WEEKDAY CROSS
    NOTTINGHAM   NG1 2GB
    UK     		2018-03-15 139,568 THE FUNDS ARE TO BE USED TO DELIVER AN EXHIBITION BY A MID-CAREER FEMALE ARTIST AS DETAILED IN THE GRANTEE'S SUBMISSION FOR THE AWARD. PROVIDING FEMALE ARTISTS WITH OPPORTUNITY TO CREATE AMBITIOUS NEW WORK AND INCREASE PROFESSIONAL RECOGNITION. PART OF THE FUND IS TO BE AWARDED TO THE ARTIST BY THE GRANTEE OUT OF THE GRANT. 134,413 NO KNOWN DIVERSION OF FUNDS 11/1/19   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    SOMERSET HOUSE TRUST
          		STRAND
    LONDON   WC2R 1LA
    UK     		2019-10-09 36,651 GRANT TO BE USED TO FUND THE 'CREATIVE CAREERS PROGRAMME', A PROGRAMME OF CREATIVE CAREERS EDUCATION DESIGNED TO TACKLE THE UNDERREPRESENTATION OF YOUNG PEOPLE FROM ETHNIC AND LOW SOCIO-ECONOMIC BACKGROUNDS IN THE CREATIVE SECTOR. 0 NO KNOWN DIVERSION OF FUNDS 10/28/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    TURNER CONTEMPORARY
          		RENDEZVOUS MARGATE
    KENT   CT9 1HG
    UK     		2019-11-07 615,987 THE GRANTEE WILL WORK WITH ARTISTS AND GROUPS OF PEOPLE FROM THE LOCAL COMMUNITY TO COMMISSION NEW ARTWORK AND DEVELOP A MAJOR EXHIBITION, WITH THE AIM OF REALISING THE POWER OF ART AND IDEAS TO MAKE POSITIVE CHANGES. 40,574 NO KNOWN DIVERSION OF FUNDS 3/1/21   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    GASWORKS
          		155 VAUXHALL STREET
    LONDON   SE11 5RH
    UK     		2018-12-17 178,085 THE GRANT IS TO BE USED TO FUND AN ARTIST PROGRAMME WHICH WILL BE STRUCTURED AS AN ANNUAL PROGRAMME FOR THREE YEARS IN WHICH AN EMERGING UK-BASED ARTIST LIVING AND WORKING OUTSIDE LONDON IS ENABLED TO RESEARCH, PRODUCE AND PRESENT A SIGNIFICANT NEW BODY OF WORK. 57,533 NO KNOWN DIVERSION OF FUNDS 7/1/19, 10/1/19, 6/1/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    OPEN SCHOOL EAST
          		1-3 HAWLEY SQUARE
    MARGATE   CT9 1PF
    UK     		2019-12-10 177,816 THE GRANT IS TO BE USED TO FUND TWO YEARS (RESEARCH AND DEVELOPMENT) OF THE YOUNG ASSOCIATES PROGRAMME, WHICH WILL OFFER A NEW, FREE AND ACCREDITED CREATIVE LEARNING PROGRAMME FOR PEOPLE AGED 16-19. 77,943 NO KNOWN DIVERSION OF FUNDS 6/1/20, 11/1/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    A-N THE ARTISTS INFORMATION COMPANY
          		UNIT 18 TOYNBEE STUDIOS 28
    COMMERCIAL STREET
    LONDON   E1 6AB
    UK     		2020-05-13 1,839,121 EMERGENCY GRANT TO FUND GRANTS TO INDIVIDUALS SUFFERING SEVERE HARDSHIP AS A RESULT OF THE COVID 19 PANDEMIC. 1,839,121 NO KNOWN DIVERSION OF FUNDS 3/31/21   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    ARTANGEL
          		31 EYRE STREET HILL
    LONDON   EC1R 5EW
    UK     		2020-05-14 81,805 TO FUND 'THINKING TIME', AN INITATIVE TO PROVIDE 20 ARTISTS THE OPPORTUNITY FOR RESEARCH REFLECTION AND CONVERSION TO GIVE SHAPE TO FORMATIVE IDEAS AND PROJECTS IN RELATION TO PARTICULAR SITES, SITUATIONS OR PLATFORMS OVER A PERIOD OF 6 MONTHS. 81,805 NO KNOWN DIVERSION OF FUNDS 3/1/21   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    ARTS COUNCIL OF WALES
          		CYNGOR CELFYDDYDAU CYMRU PLAS BUTE
    CAERDYDD   CF10 5AL
    UK     		2020-05-13 613,040 EMERGENCY GRANT TO FUND GRANTS TO INDIVIDUALS SUFFERING SEVERE HARDSHIP AS A RESULT OF THE COVID 19 PANDEMIC. 613,040 NO KNOWN DIVERSION OF FUNDS 6/1/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    COVE PARK
          		PEATON HILL COVE
    ARGYLL AND BUTE   G84 0PE
    UK     		2020-08-04 45,973 GRANT FOR 'CRISIS RESIDENCY PROGRAMME', AN INITATIVE TO PROVIDE 10 EARLY CAREER ARTISTS WITH A RESIDENCY AT COVE PARK FOR UP TO ONE MONTH. 0 NO KNOWN DIVERSION OF FUNDS 9/1/21   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    CREATIVE SCOTLAND
          		WAVERLEY GATE 2 - 4 WATERLOO PLACE
    EDINBURGH   EH1 3EG
    UK     		2020-05-21 1,221,839 EMERGENCY GRANT TO FUND GRANTS TO INDIVIDUALS SUFFERING SEVERE HARDSHIP AS A RESULT OF THE COVID 19 PANDEMIC. 1,221,839 NO KNOWN DIVERSION OF FUNDS 7/1/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    DRAWING ROOM
          		1-27 RODNEY PLACE
    LONDON   SE17 1PP
    UK     		2020-09-10 380,157 GRANT FOR 'ROCK PAPER SCISSORS' IN WHICH ARTISTS WILL BE COMMISSIONED TO INSTIGATE ACTIVITY TO ALLOW LOCAL PRIMARY SCHOOL CHILDREN AND CREATIVE FREEDOM TO LEARN THROUGH RISK AND EXPERIMENTATION OVER 3 YEARS. 23,803 NO KNOWN DIVERSION OF FUNDS 3/1/21   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    DUNDEE CONTEMPORARY ARTS LTD
          		152 NETHERGATE
    DUNDEE   DD1 4DY
    UK     		2020-09-24 994,818 THE GRANTS ARE TO BE USED TO FUND THE WORK OF THE PRINT STUDIO, WHICH PROVIDES OPEN AND AFFORDABLE ACCESS TO EXPERTISE, EQUIPMENT AND COURSES FOR PRINTMAKING AND RELATED ACTIVITIES. 17,339 NO KNOWN DIVERSION OF FUNDS 12/7/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    IKON GALLERY LTD
          		1 OOZELL SQUARE BRINDLEY PLACE
    BIRMINGHAM   B1 2HS
    UK     		2020-09-17 394,467 GRANT FOR 'SLOW BOAT', AN ALTERNATIVE YOUTH PROGRAM WHICH RAISES FUNDAMENTAL QUESTIONS CONCERNING THE DEFINITION AND RELEVANCE OF ART AGAINST A BACK DROP OF SOCIETAL CHANGE. 16,347 NO KNOWN DIVERSION OF FUNDS 3/1/21   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    THE HEPWORTH WAKEFIELD - FREELANDS AWARD YEAR 4 - 1ST INSTALLMENT OF PRIZE
          		GALLERY WALK
    WAKEFIELD   WF1 5AW
    UK     		2020-01-28 1,302,404 PARTICIPATION FEE FOR FREELANDS AWARD YEAR 4. 30,521 NO KNOWN DIVERSION OF FUNDS 7/1/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    SOUTH LONDON GALLERY
          		65 PECKHAM ROAD
    LONDON   SE5 8UH
    UK     		2020-02-04 890,493 TO FUND A LONG TERM ART AND EDUCATION PROGRAM, IN WHICH INTERNATIONAL ANDBRITISH ARTISTS WILL CREATE ART WORKS FOR THE RESIDENTS OF THE SCEAUXGARDENS, PELICAN AND ELMINGTON HOUSING ESTATES. 164,902 NO KNOWN DIVERSION OF FUNDS 5/1/20   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THEREPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THEREPORT WAS MADE.

    TY 2020 ExplnOfNonFilingWithAGStmt
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Statement:
    THE FOUNDATION DOES NOT CONDUCT ANY ACTIVITIES IN THE STATE OF DELAWARE AND IS THEREFORE NOT REQUIRED TO FILE A COPY OF FEDERAL FORM 990 PF WITH THE DELAWARE ATTORNEY GENERAL. THE FOUNDATION HAS FILED ITS ANNUAL REPORT IN THE STATE OF DELAWARE

    TY 2020 GeneralExplanationAttachment
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Identifier Return Reference Explanation
    SCHEDULE OF CONTROLLED ENTITIES FORM 990-PF, PART VII-A, LINE 11 NAME OF CONTROLLED ENTITY: FREELANDS FOUNDATION LIMITEDEMPLOYER ID NO: 98-1244968ADDRESS: 113 REGENT'S PARK ROAD, LONDON, UNITED KINGDOM NW1 8UREXCESS BUSINESS HOLDING: NO

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Name of Stock End of Year Book Value End of Year Fair Market Value
    WALT DISNEY COMPANY 13,753,493 13,753,493

    TY 2020 InvestmentsOtherSchedule2
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKROCK STRATEGIC FUNDS BSF MANAGED INDEX PORTFOLIO FMV 4,897,739 4,897,739

    TY 2020 LegalFeesSchedule
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 209,058 0   255,656


    TY 2020 OtherDecreasesSchedule
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Description Amount
    UNREALIZED LOSS 11,528,312


    TY 2020 OtherExpensesSchedule
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 1,801 1,801   0
    REPAIRS & MAINTENANCE 2,724 0   2,709
    SUBSISTENCE 998 0   1,090
    GENERAL EXPENSES 6,939 0   9,046
    POSTAGE, FREIGHT & COURIER 3,086 0   3,046
    SUBSCRIPTIONS 6,905 0   6,905
    PRINTING & STATIONERY 4,845 0   4,845
    EQUIPMENT EXPENSES 2,396 0   2,396
    RESEARCH FEES 14,566 0   14,566
    TRANSPORTATION OF ARTWORKS 5,132 0   5,132
    TELEPHONE & INTERNET 20,646 0   20,598
    CLEANING 20,066 0   20,419
    EDITORIAL AND TRANSCRIPTION FEES 31,456 0   26,719
    INSTALL/DEINSTALLATION COSTS 12,803 0   12,033
    EVENT COSTS 1,016 0   1,500
    ARTIST/CONTRIBUTOR/PARTICIPATION/FACILITATOR FEES 31,330 0   31,330
    PHOTOGRAPHY AND FILM 1,806 0   1,806
    INSURANCE 60,047 0   60,047
    EVALUATION FEES 23,263 0   23,263
    IT SOFTWARE AND CONSUMABLES 48,140 0   48,140
    PRODUCTION COSTS 62,047 0   61,405
    HEALTH AND SAFETY 2,211 0   2,211
    EMPLOYERS NATIONAL INSURANCE 101,321 0   101,321
    STAFF AND LEARNING DEVELOPMENT 1,077 0   1,077
    MEDICAL INSURANCE 5,802 0   5,128
    IRS COUNSEL FEE 30,000 0   30,000


    TY 2020 OtherIncreasesSchedule
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Description Amount
    FOREIGN EXCHANGE RATE 3,113,663
    DONATED SERVICES 8


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING & MARKETING 2,474 0   2,474
    WEBSITE 35,517 0   35,517
    CONSULTING - OTHER 55,957 0   55,957
    CONSULTING ADVISORS 70,594 0   67,385
    DESIGN COSTS 48,430 0   48,430
    INVESTMENT MANAGEMENT FEES 51,746 51,746   0


    TY 2020 TaxesSchedule
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 12,680 0   12,663
    FEDERAL EXCISE TAXES 1,099,329 0   0