Form990-PF


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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
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 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$92,921,203J 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 7 7  
4 Dividends and interest from securities... 163,718 163,718  
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)... 920,246
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........ 163,725 1,083,971  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,223,777 55,991   1,182,786
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 68,406 10,446   57,960
16a Legal fees (attach schedule)......... Click to see attachment 153,167 0   145,160
b Accounting fees (attach schedule)....... Click to see attachment 110,075 0   100,074
c Other professional fees (attach schedule).... Click to see attachment 628,104 170,595   451,172
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 126,718 0   20,115
19 Depreciation (attach schedule) and depletion... 255,072 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 22,148 0   22,224
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 717,072 2,053   679,096
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,304,539 239,085   2,658,587
25 Contributions, gifts, grants paid....... 3,232,702 3,291,777
26 Total expenses and disbursements. Add lines 24 and 25 6,537,241 239,085   5,950,364
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,373,516
b Net investment income (if negative, enter -0-) 844,886
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 247,645 270,304 270,304
2 Savings and temporary cash investments......... 78,186,179 2,154,161 2,154,161
3 Accounts receivable bullet72,345
Less: allowance for doubtful accounts bullet   1,827 72,345 72,345
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)....... 13,753,493 Click to see attachment11,799,396 11,799,396
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).......... 4,897,739 Click to see attachment78,204,231 78,204,231
14 Land, buildings, and equipment: basis bullet712,257
Less: accumulated depreciation (attach schedule) bullet291,491 48,800 420,766 420,766
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 97,135,683 92,921,203 92,921,203
Liabilities 17 Accounts payable and accrued expenses.......... 170,246 369,359
18 Grants payable................. 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)......... 229,624 369,359
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 96,906,058 92,551,843
29 Total net assets or fund balances (see instructions)..... 96,906,059 92,551,844
30 Total liabilities and net assets/fund balances (see instructions). 97,135,683 92,921,203
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
96,906,059
2
Enter amount from Part I, line 27a .....................
2
-6,373,516
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,799,187
4
Add lines 1, 2, and 3 ..........................
4
93,331,730
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
779,886
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
92,551,844
Form 990-PF (2021)
Form 990-PF (2021)
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 920,246     920,246
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       920,246
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 2 920,246
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 11,744
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 11,744
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 133,895
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.............. 7 133,895
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 10 122,151
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet122,151 RefundedBullet 11 0
Part VI-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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 ofbulletJESSICA HEWITT 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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
    c
    .........bullet
    d
    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? .................
    5d
    Yes
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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     		430,944 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    DR HENRY WARD CREATIVE DIRECTOR
    40.00     		151,955 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     		109,968 1,894 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    VICTORIA CARMICHAEL HEAD OF EDUCATION
    40.00     		85,053 6,217 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    KATE HARDIE INTERIM HEAD OF FINA
    32.00     		90,850 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    RACHEL CASS HEAD OF COMMUNICATIO
    32.00     		70,693 1,824 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    CAROLINE ROLF OFFICE MANAGER
    40.00     		60,810 0 0
    100 W LIBERTY ST STE 750
    RENO,NV895011952
    Total number of other employees paid over $50,000...................bullet 2
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    STANWAY INTERIORS LEASEHOLD IMPROVEMENTS 331,648
    10-12 RIVINGTON STREET LONDON EC2A
    3DU
    LONDON   EC2A 33DU
    UK
    FARRER & CO LLP LEGAL 153,167
    66 LINCOLNS INN FIELDS
    LONDON   WC2A 3LH
    UK
    DASUNI LIMITED INFORMATION TECHNOLOGY 103,106
    BOUNDARY HOUSE BOSTON ROAD
    LONDON   W7 2QE
    UK
    HATO PRESS PRODUCTION COSTS 82,807
    6 SCAWFELL STREET
    LONDON   E2 8NG
    UK
    BEYOND SURFACE INSTALLATION OF ARTWORKS AND FURNITURE 63,443
    STUDIO 1 UNIT 13 ELIZABETH TOWER
    JUNO WAY
    LONDON   SE14 5RW
    UK
    Total number of others receiving over $50,000 for professional services.............bullet2
    Part VIII-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 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 RESULTING FROM THE FREELANDS ARTIST PROGRAMME. 2021 ALSO INCLUDED THE SECOND ANNUAL FREELANDS PAINTING PRIZE EXHIBITION, AN INITIATIVE SUPPORTING THE TEACHING OF PAINTING AT ART SCHOOLS ACROSS THE UK AND AN EXHIBITION, "MAKE", RESULTING FROM OUR FIRST ONSITE ART EDUCATION RESIDENCY. 153,409
    2 FREELANDS ARTIST PROGRAMMETHE 5 YEAR PROGRAMME WAS ESTABLISHED IN SEPTEMBER 2018 TO SUPPORT EMERGING ARTISTS BASED IN EACH OF THE 4 UK NATIONS. EACH PARTNER ORGANISATION IS RUNNING A 5 YEAR PROGRAMME SUPPORTING 5 NEW ARTISTS EACH YEAR FOR A TWO YEAR DURATION. EACH ARTIST RECEIVES AN ANNUAL GRANT OF 5,000 GBP. THE TOTAL SPEND OVER THE 5 YEARS WILL BE OVER 1,500,000 GBP. THE ORGANISATIONS WERE SELECTED THROUGH AN OPEN CALL PROCESS. 118,238
    3 FREELANDS AWARDTHE FREELANDS AWARD WAS ESTABLISHED IN 2016. THE AWARD, OF 100,000, IS MADE TO A GALLERY OR INSTITUTION OUTSIDE OF LONDON TO WORK ON A MAJOR EXHIBITION WITH A MID-CAREER WOMAN ARTIST THAT THE ORGANISATION RECOGNISES AS DESERVING OF GREATER EXPOSURE. IN 2021 WE ORGANISED THIS IS AN OPEN CALL, FOR THE FIRST TIME, AND SHORTLISTED 6 ORGANISATIONS AND ARTISTS FROM WHOM THE WINNER, MIMA IN MIDDLESBOROUGH WITH ARTIST JACQUELINE PONCELET, WAS CHOSEN. 46,130
    4 INSTITUTE OF EDUCATIONFREELANDS FOUNDATION WORKS IN PARTNERSHIP WITH UCL/IOEDELIVERING A PROJECT FOR THE POSTGRADUATE STUDENTS TRAININGTO BE SECONDARY SCHOOL ART TEACHERS. THE PROJECT ENCOURAGESTHE STUDENTS TO EXPLORE PROGRESSIVE APPROACHES TO TEACHINGART AND DESIGN. IN THE 2020-21 ACADEMIC YEAR THE FOUNDATIONWORKED 50 STUDENTS, AND HAS WORKED WITH APPROXIMATELY290 STUDENTS TO DATE 48,736
    Part VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    60,163,538
    b
    Average of monthly cash balances.......................
    1b
    22,769,897
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    82,933,435
    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
    82,933,435
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,244,002
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    81,689,433
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    4,084,472
    Part X
    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 IX, line 6..................
    1
    4,084,472
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    11,744
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,744
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    4,072,728
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    4,072,728
    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 XII, line 1 ...
    7
    4,072,728
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 4,072,728
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 946,697
    b From 2017...... 116,861
    c From 2018...... 1,125,940
    d From 2019...... 1,178,920
    e From 2020...... 3,275,419
    f Total of lines 3a through e ........ 6,643,837
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 5,950,364
    a Applied to 2020, 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 2021 distributable amount..... 4,072,728
    e Remaining amount distributed out of corpus 1,877,636
    5 Excess distributions carryover applied to 2021. 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 8,521,473
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		946,697
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		7,574,776
    10 Analysis of line 9:
    a Excess from 2017.... 116,861
    b Excess from 2018.... 1,125,940
    c Excess from 2019.... 1,178,920
    d Excess from 2020.... 3,275,419
    e Excess from 2021.... 1,877,636
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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 (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    ART UK
    THIRD FLOOR PEEK GHOUSE 20
    EASTCHEAP
    LONDON   EC3M 1EB
    UK     		N/A NC THE SUPERPOWER OF LOOKING - A PROJECT DESIGNED TO TRANSFORM THE VISUAL LITERACY SKILLS OF PRIMARY SCHOOL CHILDREN, FOLLOWING SUCCESSFUL COMPLETION OF STAGE 1 IN 2019 133,485
    ARTS COUNCIL ENGLAND
    21 BLOOMSBURY ST
    LONDON   WC1B 3HF
    UK     		N/A NC PART OF A NATIONAL NETWORK OF 8 CREATIVITY COLLABORATIVES PILOT: TEACHING FOR CREATIVITY, ESTABLISHED TO EXPLORE AND TEST APPROACHES TO EMBED TEACHING FOR CREATIVITY. 744,043
    BATH SPA UNIVERSITY
    NEWTON PARK NEWTON ST LOE
    BATH   BA2 9BN
    UK     		N/A NC FREELANDS PAINTING FELLOWSHIP 34,285
    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 46,022
    CREATE LONDON
    BARBICAN CENTRE FOR ARTS CONFERENCE
    SILK STR BARBICAN
    LONDON   EC2Y 8DS
    UK     		N/A NC HACKNEY WINDRUSH PROGRAMME. A PROJECT TO DELIVER A PROGRAMME OF LEARNING AND ENGARGEMENT IN EDUCATION AND THE COMMUNITY BETWEEN 2020 AND 2022 251,161
    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 102,956
    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 107,877
    FIRST SITE
    LEWES GARDENS HIGH STREET
    COLCHESTER   CO1 1JH
    UK     		N/A NC FREELANDS AWARD YEAR 5 PARTICIPATION FEE 1,373
    FOCAL POINT GALLERY
    THE FORUM ELMER SQUARESOUTHEND ON
    SEA
    ESSEX   SS1 1NB
    UK     		N/A NC FREELANDS AWARD Y6 2021 PARTICIPATION GRANT 1,330
    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 AS FURTHER DETAILED IN THE PROGRAMME OUTLINE (SET OUT IN SCHEDULE 1 OF THE CONTRACT). 115,369
    HASTINGS CONTEMPORARY
    ROCK-A-NORE ROAD HASTINGS OLD TOWN
    HASTINGS   TN34 3DW
    UK     		N/A NC FREELANDS AWARD Y6 2021 PARTICIPATION GRANT 1,330
    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. 129,908
    INIVA
    16 JOHN ISLIP ST
    LONDON   SW1P 4JU
    UK     		N/A NC PROJECT FOR FUNDING 3 KEY AREAS: CULTURAL MAPPING AND ORGANISATIONAL REVIEW, CREATING SUSTAINABLE REACH THROUGH STAFF CAPACITY AND DEVLOPING DIGITAL RESOURCES, AND TRANSFORMING CORE EDUCATIONAL PROGRAMMES TO DEVELOP ARTISTS AND AUDIENCES. 253,928
    LEEDS ART GALLERY
    THE HEADROW
    LEEDS   LS1 3AA
    UK     		N/A NC FREELANDS AWARD Y6 2021 PARTICIPATION GRANT 1,330
    MANCHESTER METROPOLITAN UNIVERSITY
    ALL SAINTS BUILDING ALL SAINTS
    MANCHESTER   M15 6BH
    UK     		N/A NC FREELANDS PAINTING FELLOWSHIP 34,285
    MK GALLERY
    900 MIDSUMMER BLVD
    MILTON KEYNES   MK9 3QA
    UK     		N/A NC FREELANDS AWARD YEAR 5 PARTICIPATION FEE 138,521
    MIMA
    CENTRE SQUARE
    MIDDLESBOROUGH   TS1 2AZ
    UK     		N/A NC FREELANDS AWARD Y6 2021 PARTICIPATION GRANT 1,330
    MODERN ART OXFORD
    30 PEMBROOK ST
    OXFORD   OX1 1BP
    UK     		N/A NC FREELANDS AWARD YEAR 5 PARTICIPATION FEE 1,373
    NEW ART EXCHANGE
    39-41 GREGORY BOULEVARD
    NOTTINGHAM   NG7 6BE
    UK     		N/A NC POWER TO CHANGE. 3 YEAR PROJECT TO DEVELOP A SERIES OF PROGRAMMES THAT ENGAGE WITH BLACK, ASIAN, MINORITY ETHNIC AND OTHER MARGINALISED INDIVIDUALS TO CREATE LIFE-ENHANCING OPPORTUNITIES, NEW AUDIENCES FOR THE ARTS AND DIVERSE TALENT WITHIN THE ARTS 114,157
    NOTTINGHAM UNIVERSITY
    UNIVERSITY PARK
    NOTTINGHAM   NG7 2RD
    UK     		N/A NC ARTS EDUCATION AND CREATIVITY IN SCHOOLS. 3 YEAR RESEARCH PROGRAM WHICH EXPLORES THE CULTURAL EDUCATION SECTOR IN THE UK AND DETERMINE HOW UK SCHOOLS MAY BE SUPPORTED TO WORK CREATIVELY. 73,964
    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 45,675
    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 AS FURTHER DETAILED IN THE PROGRAMME OUTLINE (SET OUT IN SCHEDULE 1 OF THE CONTRACT). 127,747
    RUNNYMEDE TRUST
    SUITE 119 PILL BOX STUDIOS 115
    COVENTRY ROAD
    LONDON   E2 6GG
    UK     		N/A NC TO FUND RACE, INCLUSION AND REPRESENTAION IN VISUAL ARTS EDUCATION. PROJECT FOCUSING ON INEQUALIITY OF ACCESS TO THE VISUAL ARTS AND EDUCATION SPACES. 87,254
    SHEFFIELD MUSEUMS TRUST
    LEADER HOUSE SURREY ST
    SHEFFIELD   S1 2LH
    UK     		N/A NC FREELANDS AWARD Y6 2021 PARTICIPATION GRANT 1,330
    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 AS FURTHER DETAILED IN THE PROGRAMME OUTLINE (SET OUT IN SCHEDULE 1 OF THE CONTRACT). 109,096
    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 372,693
    SOUTH LONDON GALLERY
    65 PECKHAM ROAD
    LONDON   SE5 8UH
    UK     		N/A NC OPEN PLAN - EVALUATION 10,132
    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 101,727
    THE WHITWORTH
    UNIVERSITY OF MANCHESTER OXFORD
    ROAD
    MANCHESTER   M15 6ER
    UK     		N/A NC FREELANDS AWARD YEAR 5 PARTICIPATION FEE 1,373
    TOWNER EASTBOURNE
    DEVONSHIRE PARK COLLEGE ROAD
    EASTBOURNE   BN21 4JJ
    UK     		N/A NC FREELANDS AWARD YEAR 5 PARTICIPATION FEE 2,703
    TURNER CONTEMPORARY
    RENDEZVOUS MARGATE
    KENT   CT9 1HG
    UK     		N/A NC FREELANDS AWARD YEAR 5 PARTICIPATION FEE 1,373
    UNIVERSITY OF BRIGHTON
    MITHRAS HOUSE LEWES ROAD
    BRIGHTON   BN2 4AT
    UK     		N/A NC FREELANDS PAINTING FELLOWSHIP 34,285
    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 AS FURTHER DETAILED IN THE PROGRAMME OUTLINE (SET OUT IN SCHEDULE 1 OF THE CONTRACT). 108,362
    Total .................................bullet 3a 3,291,777
    bApproved for future payment
    ART FUND
    2 GRANARY SQUARE
    LONDON   N1C 4BH
    UK     		N/A NC FREELANDS ART FUND ACQUISITION SCHEME PLACING ARTWORKS OF PREVIOUS FREELANDS AWARD WINNING ARTISTS IN NATIONAL PUBLIC COLLECTIONS 182,817
    DECOLONISING ART INSTITUTE - UNIVERSITY OF ARTS LONDON
    272 HIGH HOLBORN
    LONDON   WC1V 7EY
    UK     		N/A NC SUPPORT THE 20/20 THREE-YEAR PROGRAMME TO DEVELOP THE CREATIVE PRACTICES OF 20 EMERGING/MID-CAREER AND ETHNICALLY DIVERSE ARTISTS OF COLOUR, THROUGH PARTNERSHIPS WITH 20 PUBLIC ART COLLECTIONS ACROSS THE UK 407,459
    MIDDLESBROUGH INSTITUTE OF MODERN ART
    CENTRE SQUARE
    MIDDLESBOROUGH   TS1 2AZ
    UK     		N/A NC FREELANDS AWARD 2021, REALISATION OF EXHIBITION BY JACQUELINE PONCELET 133,806
    TATE GALLERIES
    MILLBANK
    LONDON   SW1P 4RG
    UK     		N/A NC FUND ACQUISITION OF PREVIOUS FREELANDS AWARD WINNER JACQUELINE DONACHIE 68,134
    WYSING ARTS CENTRE
    FOX ROAD
    CAMBRIDGE   CB23 2TX
    UK     		N/A NC PURPOSE OF GRANT: 10-YEAR GRANT SUPPORTING REALISATION, EXPANSION AND ENHANCEMENT OF SYLLABUS PROGRAMME (ARTIST DEVELOPMENT PROGRAMME) 679,099
    Total .................................bullet 3b 1,471,315
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 7  
    4 Dividends and interest from securities ....          
    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) .. 0 163,725 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    163,725
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 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 110,075 0   100,074

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

    TY 2021 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. 290,120 NO KNOWN DIVERSION OF FUNDS 9/19/19, 11/5/20, 12/31/21   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.
    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. 309,552 NO KNOWN DIVERSION OF FUNDS 9/16/19, 8/30/20, 12/31/21   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.
    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. 248,292 NO KNOWN DIVERSION OF FUNDS 9/10/19, 08/31/20, 12/31/21   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.
    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. 181,713 NO KNOWN DIVERSION OF FUNDS 09/12/19, 3/1/20, 12/31/21   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.
    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. 169,352 NO KNOWN DIVERSION OF FUNDS 6/6/19, 2/28/19, 2/20/20, 2/1/21, 2/1/22   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, 12/9/21   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.
    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 UNDER REPRESENTATION OF YOUNG PEOPLE FROM ETHNIC AND LOW SOCIO-ECONOMIC BACKGROUNDS IN THE CREATIVE SECTOR. 36,651 NO KNOWN DIVERSION OF FUNDS 10/28/20, 3/1/22   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. 75,242 NO KNOWN DIVERSION OF FUNDS 3/1/21, 4/1/22   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. 125,908 NO KNOWN DIVERSION OF FUNDS 7/1/19, 10/1/19, 6/1/20, 12/31/21   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.
    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. 137,427 NO KNOWN DIVERSION OF FUNDS 6/1/20, 11/1/20, 9/30/21   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.
    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. 42,426 NO KNOWN DIVERSION OF FUNDS 9/1/21, 4/29/21   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.
    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. 56,798 NO KNOWN DIVERSION OF FUNDS 3/1/21, 3/31/22   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. 167,130 NO KNOWN DIVERSION OF FUNDS 12/7/20, 12/10/21   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.
    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. 140,046 NO KNOWN DIVERSION OF FUNDS 3/1/21, 3/31/22   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. GRANT REPORT WAS DELAYED DUE TO COVID. FINAL REPORT NOW DUE IN 2023.
    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. 378,953 NO KNOWN DIVERSION OF FUNDS 5/1/20, 3/30/21, 9/30/21   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THEREPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THEREPORT WAS MADE.
    SOUTH LONDON GALLERY
          		65 PECKHAM ROAD
    LONDON   SE5 8UH
    UK     		2021-10-21 31,230 OPEN PLAN - EVALUATION 10,412 NO KNOWN DIVERSION OF FUNDS 3/30/22   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.
    ART UK
          		THIRD FLOOR PEEK GHOUSE 20
    EASTCHEAP
    LONDON   EC3M 1EB
    UK     		2019-03-12 128,739 THE SUPERPOWER OF LOOKING - A PROJECT DESIGNED TO TRANSFORM THE VISUAL LITERACY SKILLS OF PRIMARY SCHOOL CHILDREN, FOLLOWING SUCCESSFUL COMPLETION OF STAGE 1 IN 2019 39,642 NO KNOWN DIVERSION OF FUNDS 11/1/21   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.
    BATH SPA UNIVERSITY
          		NEWTON PARK NEWTON ST LOE
    BATH   BA2 9BN
    UK     		2020-12-15 66,881 FREELANDS PAINTING FELLOWSHIP 33,440 NO KNOWN DIVERSION OF FUNDS 6/15/21, 1/18/22   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.
    BRIGHTON UNIVERSITY
          		MITHRAS HOUSE LEWES ROAD
    BRIGHTON   BN2 4AT
    UK     		2020-08-19 65,981 FREELANDS PAINTING FELLOWSHIP 32,990 NO KNOWN DIVERSION OF FUNDS 6/15/21, 1/18/22   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.
    MANCHESTER METROPOLITAN UNIVERSITY
          		ALL SAINTS BUILDING ALL SAINTS
    MANCHESTER   M15 6BH
    UK     		2020-09-14 64,245 FREELANDS PAINTING FELLOWSHIP 32,122 NO KNOWN DIVERSION OF FUNDS 6/15/21, 1/18/22   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.
    MK GALLERY
          		900 MIDSUMMER BLVD
    MILTON KEYNES   MK9 3QA
    UK     		2021-05-24 141,490 FREELANDS AWARD PRIZE. 25,000 OF WHICH IS AWARDED BY THE GRANTEE TO THE ARTIST OUT OF THE GRANT 23,710 NO KNOWN DIVERSION OF FUNDS 9/7/21   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.
    FOCAL POINT GALLERY
          		THE FORUM ELMER SQUARESOUTHEND ON
    SEA
    ESSEX   SS1 1NB
    UK     		2021-11-05 1,348 FREELANDS AWARD Y6 2021 PARTICIPATION GRANT 1,348 NO KNOWN DIVERSION OF FUNDS 1/8/22   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.
    HASTINGS CONTEMPORARY
          		ROCK-A-NORE ROAD HASTINGS OLD TOWN
    HASTINGS   TN34 3DW
    UK     		2021-11-05 1,348 FREELANDS AWARD Y6 2021 PARTICIPATION GRANT 1,348 NO KNOWN DIVERSION OF FUNDS 1/1/22   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.
    LEEDS ART GALLERY
          		THE HEADROW
    LEEDS   LS1 3AA
    UK     		2021-11-05 1,348 FREELANDS AWARD Y6 2021 PARTICIPATION GRANT 1,348 NO KNOWN DIVERSION OF FUNDS 3/18/22   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.
    MIMA
          		CENTRE SQUARE
    MIDDLESBOROUGH   TS1 2AZ
    UK     		2021-11-05 1,348 FREELANDS AWARD Y6 2021 PARTICIPATION GRANT 1,348 NO KNOWN DIVERSION OF FUNDS 1/12/22   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.
    SHEFFIELD MUSEUMS TRUST
          		LEADER HOUSE SURREY ST
    SHEFFIELD   S1 2LH
    UK     		2021-11-05 1,348 FREELANDS AWARD Y6 2021 PARTICIPATION GRANT 1,348 NO KNOWN DIVERSION OF FUNDS 12/2/21   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.
    TOWNER EASTBOURNE
          		DEVONSHIRE PARK COLLEGE ROAD
    EASTBOURNE   BN21 4JJ
    UK     		2021-11-05 1,348 FREELANDS AWARD Y6 2021 PARTICIPATION GRANT 1,348 NO KNOWN DIVERSION OF FUNDS 12/3/21   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.
    INIVA
          		16 JOHN ISLIP ST
    LONDON   SW1P 4JU
    UK     		2021-08-10 683,940 PROJECT FOR FUNING 3 KEY AREAS: CULTURAL MAPPING AND ORGANISATIONAL REVIEW, CREATING SUSTAINABLE REACH THROUGH STAFF CAPACITY AND DEVLOPING DIGITAL RESOURCES, AND TRANSFORMING CORE EDUCATIONAL PROGRAMMES TO DEVELOP ARTISTS AND AUDIENCES. 34,344 NO KNOWN DIVERSION OF FUNDS 9/30/21   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.
    NEW ART EXCHANGE
          		39-41 GREGORY BOULEVARD
    NOTTINGHAM   NG7 6BE
    UK     		2021-01-22 683,702 POWER TO CHANGE. 3 YEAR PROJECT TO DEVELOP A SERIES OF PROGRAMMES THAT ENGAGE WITH BLACK, ASIAN, MINORITY ETHNIC AND OTHER MARGINALISED INDIVIDUALS TO CREATE LIFE-ENHANCING OPPORTUNITIES, NEW AUDIENCES FOR THE ARTS AND DIVERSE TALENT WITHIN THE ARTS 113,950 NO KNOWN DIVERSION OF FUNDS 4/19/22   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.
    RUNNYMEDE TRUST
          		SUITE 119 PILL BOX STUDIOS 115
    COVENTRY ROAD
    LONDON   E2 6GG
    UK     		2021-05-31 379,949 TO FUND RACE, INCLUSION AND REPRESENTAION IN VISUAL ARTS EDUCATION. PROJECT FOCUSING ON INEQUALIITY OF ACCESS TO THE VISUAL ARTS AND EDUCATION SPACES. 82,880 NO KNOWN DIVERSION OF FUNDS 2/16/22   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 ENGLAND
          		21 BLOOMSBURY ST
    LONDON   WC1B 3HF
    UK     		2021-05-06 1,501,035 PART OF A NATIONAL NETWORK OF 8 CREATIVITY COLLABORATIVES PILOT: TEACHING FOR CREATIVITY, ESTABLISHED TO EXPLORE AND TEST APPROACHES TO EMBED TEACHING FOR CREATIVITY. 801,071 NO KNOWN DIVERSION OF FUNDS 4/4/22   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.
    CREATE LONDON
          		BARBICAN CENTRE FOR ARTS CONFERENCE
    SILK STR BARBICAN
    LONDON   EC2Y 8DS
    UK     		2021-04-13 383,621 HACKNEY WINDRUSH PROGRAMME. A PROJECT TO DELIVER A PROGRAMME OF LEARNING AND ENGARGEMENT IN EDUCATION AND THE COMMUNITY BETWEEN 2020 AND 2022 276,862 NO KNOWN DIVERSION OF FUNDS 2/28/22   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 NOTTINGHAM
          		UNIVERSITY PARK
    NOTTINGHAM   NG7 2RD
    UK     		2021-04-21 482,474 ARTS EDUCATION AND CREATIVITY IN SCHOOLS. 3 YEAR RESEARCH PROGRAM WHICH EXPLORES THE CULTURAL EDUCATION SECTOR IN THE UK AND DETERMINES HOW UK SCHOOLS MAY BE SUPPORTED TO WORK CREATIVELY 136,034 NO KNOWN DIVERSION OF FUNDS 12/9/21   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.

    TY 2021 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 2021 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 11,799,396 11,799,396

    TY 2021 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 78,204,231 78,204,231

    TY 2021 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 153,167 0   145,160


    TY 2021 OtherDecreasesSchedule
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Description Amount
    FOREIGN EXCHANGE RATE 779,886


    TY 2021 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 2,053 2,053   0
    GIFTS 69 0   69
    REPAIRS & MAINTENANCE 4,050 0   3,755
    SUBSISTENCE 2,889 0   2,841
    GENERAL EXPENSES 11,687 0   10,074
    POSTAGE, FREIGHT & COURIER 9,899 0   9,899
    EVENT MANAGEMENT 11,914 0   11,914
    SUBSCRIPTIONS 10,602 0   10,602
    PRINTING & STATIONERY 5,794 0   5,794
    EQUIPMENT EXPENSES 15,358 0   15,358
    RESEARCH FEES 17,541 0   17,541
    TRANSPORTATION OF ARTWORKS 29,753 0   22,604
    TELEPHONE & INTERNET 26,288 0   24,730
    CLEANING 38,177 0   35,554
    EDITORIAL AND TRANSCRIPTION FEES 55,746 0   56,789
    INSTALL/DEINSTALLATION COSTS 34,966 0   35,791
    EVENT COSTS 45,341 0   45,341
    ARTIST/CONTRIBUTOR/PARTICIPATION/FACILITATOR FEES 33,445 0   35,048
    PHOTOGRAPHY AND FILM 15,605 0   15,605
    INSURANCE 48,100 0   47,638
    EVALUATION FEES 22,030 0   13,268
    IT SOFTWARE AND CONSUMABLES 65,753 0   52,787
    PRODUCTION COSTS 52,184 0   52,872
    ENTERTAINMENT 7,075 0   7,075
    HEALTH AND SAFETY 3,000 0   3,000
    EMPLOYERS NATIONAL INSURANCE 137,231 0   131,943
    STAFF AND LEARNING DEVELOPMENT 3,018 0   2,977
    MEDICAL INSURANCE 7,504 0   8,227


    TY 2021 OtherIncreasesSchedule
    Name:
    FREELANDS FOUNDATION
     
    C/O P WARDYNSKI
    EIN:
    47-3819627
    Description Amount
    UNREALIZED LOSS 2,798,054
    DONATED SERVICES 1,133


    TY 2021 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 6,477 0   6,477
    WEBSITE 9,012 0   9,012
    CONSULTING - OTHER 177,749 0   172,453
    CONSULTING ADVISORS 199,477 0   202,916
    DESIGN COSTS 64,794 0   60,314
    INVESTMENT MANAGEMENT FEES 170,595 170,595   0


    TY 2021 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 26,718 0   20,115
    FEDERAL EXCISE TAXES 100,000 0   0