Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
THE FREEDOM FORUM INC
 
Number and street (or P.O. box number if mail is not delivered to street address)610 WATER STREET SW 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20024
A Employer identification number

54-1604427
B Telephone number (see instructions)

(202) 292-6100
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$568,822,608J 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) 743,833
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 5,990,685 6,034,519 6,034,519
5a Gross rents............ 388,973 388,973 388,973
b Net rental income or (loss) 388,973
6a Net gain or (loss) from sale of assets not on line 10 -1,531,244
b Gross sales price for all assets on line 6a 210,024,860
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
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)....... Click to see attachment
List of Attached Documents:
// Content
985,303 102,613 102,613
12 Total. Add lines 1 through 11........ 6,577,550 6,526,105 6,526,105
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,487,071 229,644 229,644 1,257,427
14 Other employee salaries and wages...... 4,636,439 24,376 24,376 4,864,711
15 Pension plans, employee benefits....... 2,705,169 3,431 3,431 19,266,858
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
875,606 0 0 895,069
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
234,650 11,733 11,733 233,106
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
6,079,661 2,406,755 2,406,755 1,881,916
17 Interest............... 2,037,501 0 0 2,087,088
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
222,655 0 0 21,000
19 Depreciation (attach schedule) and depletion... 139,276 0 0
20 Occupancy.............. 1,126,238 209,105 209,105 1,821,934
21 Travel, conferences, and meetings....... 1,345,638 37,079 37,079 1,280,810
22 Printing and publications.......... 101,065 0 0 101,602
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,034,774 0 0 1,011,656
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,025,743 2,922,123 2,922,123 34,723,177
25 Contributions, gifts, grants paid....... 1,344,129 1,335,099
26 Total expenses and disbursements. Add lines 24 and 25 23,369,872 2,922,123 2,922,123 36,058,276
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -16,792,322
b Net investment income (if negative, enter -0-) 3,603,982
c Adjusted net income (if negative, enter -0-)... 3,603,982
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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............. 1,795,021 3,661,159 3,661,159
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow97,138
Less: allowance for doubtful accounts right arrow   236,668 97,138 97,138
4 Pledges receivable right arrow957,890
Less: allowance for doubtful accounts right arrow     957,890 957,890
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 90,009,836 Click to see attachment
List of Attached Documents:
// Content
77,509,167 		77,509,167
b Investments—corporate stock (attach schedule)....... 232,348,534 Click to see attachment
List of Attached Documents:
// Content
214,403,832 		214,403,832
c Investments—corporate bonds (attach schedule)....... 31,259,207 Click to see attachment
List of Attached Documents:
// Content
25,551,514 		25,551,514
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 331,699,000 Click to see attachment
List of Attached Documents:
// Content
236,819,489 		236,819,489
14 Land, buildings, and equipment: basis right arrow7,777,219
Less: accumulated depreciation (attach schedule) right arrow4,534,660 2,726,881 3,242,559 3,242,559
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
40,656,268 		Click to see attachment
List of Attached Documents:
// Content
6,579,860 		Click to see attachment
List of Attached Documents:
// Content
6,579,860
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 730,731,415 568,822,608 568,822,608
Liabilities 17 Accounts payable and accrued expenses.......... 21,670,932 8,567,566
18 Grants payable................. 69,000 92,500
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 50,000,000  
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
77,824,856 		Click to see attachment
List of Attached Documents:
// Content
52,016,931
23 Total liabilities (add lines 17 through 22)......... 149,564,788 60,676,997
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 581,166,627 508,145,611
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 581,166,627 508,145,611
30 Total liabilities and net assets/fund balances (see instructions). 730,731,415 568,822,608
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
581,166,627
2
Enter amount from Part I, line 27a .....................
2
-16,792,322
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
61,759,035
4
Add lines 1, 2, and 3 ..........................
4
626,133,340
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
117,987,729
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
508,145,611
Form 990-PF (2022)
Form 990-PF (2022)
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 GOLDMAN SACHS-BROKERAGE   2010-11-02 2022-12-30
b GOLDMAN SACHS-ADVISORY   2020-06-29 2022-12-30
c GOLDMAN SACHS-FIERA   2020-07-14 2022-12-13
d GOLDMAN SACHS-SOUNDSHORE   2020-11-12 2022-12-30
e GOLDMAN SACHS-DELAWARE   2020-08-11 2022-05-18
GOLDMAN SACHS-PALISADE   2020-11-12 2022-12-23
GOLDMAN SACHS-DIAMOND HILL   2020-07-14 2022-12-27
GOLDMAN SACHS-EASTERN SHORE   2020-09-15 2022-12-30
GOLDMAN SACHS-ADVISORY ST   2021-03-31 2022-12-30
GOLDMAN SACHS-SOUNDSHORE ST   2021-04-15 2022-12-30
GOLDMAN SACHS-DELAWARE ST   2021-10-27 2022-05-18
GOLDMAN SACHS-PALISADE ST   2021-04-30 2022-12-14
GOLDMAN SACHS-DIAMOND HILL ST   2021-05-31 2022-12-23
ALTERNATIVE INVESTMENTS OFFSHORE P   2022-12-31
GOLDMAN SACHS-EASTERN SHORE ST   2020-09-15 2022-12-30
GOLDMAN SACHS-GOVCORP   2022-01-02 2022-12-30
(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 64,724,426   78,698,049 -13,973,623
b 31,735,909   34,769,521 -3,033,612
c 2,986,029   2,442,207 543,822
d 20,647,698   17,122,844 3,524,854
e 11,039,612   10,312,643 726,969
1,506,185   1,306,886 199,299
4,936,992   4,214,518 722,474
6,808,961   7,521,666 -712,705
38,754,967   38,466,616 288,351
17,579,567   19,604,296 -2,024,729
2,413,203   3,281,717 -868,514
693,922   748,128 -54,206
937,386   1,099,988 -162,602
    1,079,189 -1,079,189
5,260,003   5,217,052 42,951
    86,156 -86,156
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       -13,973,623
b       -3,033,612
c       543,822
d       3,524,854
e       726,969
      199,299
      722,474
      -712,705
      288,351
      -2,024,729
      -868,514
      -54,206
      -162,602
      -1,079,189
      42,951
      -86,156
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 -15,946,616
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 -954,670
Form 990-PF (2022)
Form 990-PF (2022)
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 right arrow 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) 1 50,095
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 50,095
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 50,095
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 187,749
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.............. 7 187,749
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 137,654
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow137,654 Refundedright arrow 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowAL, AZ, AK, CA, CT, DC, FL, GA, IL, KS, ME, MD, MA, MI, MN, MS, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, TN, UT, VA, WA, WV, WI, CO
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 .
8b
Yes
 
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 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
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 (2022)
Form 990-PF (2022)
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 Click to see attachment
List of Attached Documents:
// Content
.............
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 addressright arrowWWW.FREEDOMFORUM.ORG
14
The books are in care ofright arrowSHERRY MINEAR Telephone no.right arrow (202) 292-6100

Located atright arrow610 WATER ST SW SUITE 300WASHINGTONDC ZIP+4right arrow20024
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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
Yes
 
b
If "Yes," did it have excess business holdings in 2022 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 2022.) .....................
3b
 
No
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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)
 
No
(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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
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
JAN NEUHARTH CHAIR AND CHIEF EXECUTIVE OFFICER
29.00 		573,948 27,966 50,248
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
CINDY KEITH CHIEF HUMAN RESOURCE OFFICER/VP
29.00 		157,455 19,182 22,164
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
MICHAEL COLEMAN SECRETARY/TRUSTEE
10.00 		56,000 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
SHERRY MINEAR TREASURER,CFO,CHIEF ADMIN. OFFICER
29.00 		296,418 20,329 20,925
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
BARBARA WALL TRUSTEE
5.00 		23,500 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
R DAVID EDELMAN TRUSTEE
5.00 		22,500 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
JACK KIRSCHENBAUM TRUSTEE
5.00 		33,500 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
JAMES ABBOTT TRUSTEE
5.00 		32,500 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
JOHN LEE IV TRUSTEE
10.00 		62,000 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
JUDY C WOODRUFF TRUSTEE
5.00 		15,000 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
MALCOLM R KIRSCHENBAUM TRUSTEE
10.00 		71,000 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
ORAGE QUARLES III TRUSTEE
10.00 		66,000 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
PETER S PRICHARD TRUSTEE
10.00 		69,000 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
LUCY DALGLISH TRUSTEE
1.00 		2,750 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
JOSH KIRSCHENBAUM TRUSTEE
5.00 		2,750 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
DANIELLE NEUHARTH-KEUSCH TRUSTEE
5.00 		2,750 0 0
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
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
BARBARA MCCORMACK VP OF STRATEGIC OPER
40.00 		178,017 128,652 116,409
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
CARRIE CHRISTOFFERSEN VP OF ENGAGEMENT & C
40.00 		190,204 112,219 101,670
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
CATHY TROST CHIEF ENGAGEMENT OFF
40.00 		275,409 13,655 20,925
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
PATRICIA RHULE CHIEF CONTENT OFFICE
40.00 		221,186 22,671 2,173
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
KEVIN GOLDBERG FIRST AMENDEMENT SPE
40.00 		216,300 13,026 800
610 WATER STREET SW SUITE 300
WASHINGTON,DC20024
Total number of other employees paid over $50,000...................right arrow 39
Form 990-PF (2022)
Form 990-PF (2022)
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
TOWERS WATSON DELAWARE INC ACTUARY & PROFESSIONAL SERVICES 1,203,210
800 NORTH GLEBE ROAD
ARLINGTON,VA22203
GS-PRINCETON FUND LTD CLASS A SERIES I INVESTMENT ADVISOR 934,675
200 WEST STREET
NEW YORK,NY102822198
SEQUENTUR LLC IT SUPPORT 584,610
611 S FORT HARRISON AVE SUITE 214
CLEARWATER,FL33756
MARSH USA LLC INSURANCE 537,377
PO BOX 846015
DALLAS,TX75284
GS- ADVISORY FUND INVESTMENT ADVISOR 524,634
200 WEST STREET
NEW YORK,NY102822198
Total number of others receiving over $50,000 for professional services.............right arrow53
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 EXPENDITURES MADE TO ADVANCE AND MAINTAIN THE OPERATIONS AND OPERATIONAL ASSETS OF NEWSEUM, INC. (AN IRC 501 (C)(3)TAX EXEMPT ORGANIZATION) AND NEWSEUM INSITITUTE, INC. (EDUC. INSTITUTION). 0
2  
3  
4  
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.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
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
614,708,321
b
Average of monthly cash balances.......................
1b
1,935,936
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
616,644,257
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
616,644,257
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
9,249,664
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
607,394,593
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
30,369,730
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
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
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
36,058,276
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
36,058,276
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only.......  
b Total for prior years:20, 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$  
a Applied to 2021, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2022 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2022.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		 
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) ....... 		 
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, enter the date of the ruling ...... right arrow
2008-05-15
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
3,603,982 17,618,628 1,567,269 888,245 23,678,124
b 85% (0.85) of line 2a ......... 3,063,385 14,975,834 1,332,179 755,008 20,126,405
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		36,058,276 17,433,985 25,999,539 16,361,557 95,853,357
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		440,269 78,000 60,000 51,000 629,269
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		35,618,007 17,355,985 25,939,539 16,310,557 95,224,088
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		20,246,487 20,199,597 14,565,569 12,972,246 67,983,899
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) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
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).)
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 right arrow
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 (2022)
Form 990-PF (2022)
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

AGING MATTERS IN BREVARD

3600 W KING STREET
COCOA,FL32926 		  PC TRUSTEE INITIATIVES 2,500

AMERICAN JOURNALISM PROJECT

6218 GEORGIA AVE NW STE 1 599
WASHINGTON,DC20011 		  PC TRUSTEE INITIATIVES 5,000

AMI KIDS SPACE COAST INC

1000 INSPIRATION LANE
MELBOURNE,FL32934 		  PC TRUSTEE INITIATIVES 1,000

ARENA STAGE

1101 6TH ST SW
WASHINGTON,DC20024 		  PC TRUSTEE INITIATIVES 5,000

ATLASTA CATERING SERVICE INC

428 E THUNDERBIRD ROAD PMB 146
PHOENIX,AZ85022 		    SPORTS JOURNALISM INSTITUTE 30TH ANNIVERSARY 6,739

BISHOP DUDLEY HOUSE

101 N INDIANA AVE
SIOUX FALLS,SD57103 		  CHURCH TRUSTEE INITIATIVES 2,000

BOYS & GIRLS CLUBS OF CENTRAL FLORIDA

101 E COLONIAL DR
ORLANDO,FL32801 		  PC TRUSTEE INITIATIVES 7,000

BREVARD NEIGHBORHOOD DEVELOPMENT INC

1151 MASTERSON ST
MELBOURNE,FL32935 		  PC TRUSTEE INITIATIVES 1,000

BROWN UNIVERSITY

69 BROWN ST BOX 1822
PROVIDENCE,RI02912 		  PC FREE SPIRIT SCHOLARSHIP 1,000

CASA

584 CASTRO ST STE 264
SAN FRANCISCO,CA94114 		  PC TRUSTEE INITIATIVES 2,500

CASA CHILDREN'S INTERVENTION SERVICES INC

9384 FORESTWOOD LANE STE C
MANASSAS,VA20110 		  PC TRUSTEE INITIATIVES 25,000

CASPER COLLEGE

125 COLLEGE DR
CASPER,WY82601 		  PC FREE SPIRIT SCHOLARSHIP 1,000

CHAPMAN UNIVERSITY

ONE UNIVERSITY DRIVE
ORANGE,CA92866 		  PC FREE SPIRIT SCHOLARSHIP 1,000

CHRIST THE KING CHURCH

1 MCCURDY ROAD
OLD LYME,CT06371 		  CHURCH TRUSTEE INITIATIVES 13,000

COCOA ROTARY FOUNDATION INC

BOX 560204
ROCKLEDGE,FL32956 		  PC TRUSTEE INITIATIVES 1,000

CORNELL UNIVERSITY

377 PINE TREE ROAD
ITHACA,NY14850 		  PC FREE SPIRIT SCHOLARSHIP 1,000

CRAZY HORSE MEMORIAL FOUNDATION

12151 AVENUE OF THE CHIEFS
CRAZY HORSE,SD57730 		  PC TRUSTEE INITIATIVES 5,000

DOW JONES NEWS FUND

PO BOX 300
PRINCETON,NJ08543 		  POF TRUSTEE INITIATIVES 25,000

DUKE UNIVERSITY

DIVINITY SCHOOL
DURHAM,NC27708 		  PC FREE SPIRIT SCHOLARSHIP 1,000

EAST COAST ZOOLOGICAL SOCIETY OF FLORIDA INC

8225 N WICKHAM RD
MELBOURNE,FL32940 		  PC TRUSTEE INITIATIVES 10,000

EMBRY-RIDDLE AERONAUTICAL UNIVERSITY

1 AEROSPACE BOULEVARD
DAYTONA BEACH,FL32114 		  PC FREE SPIRIT SCHOLARSHIP 1,000

FAMILY PROMISE OF BREVARD INC

PO BOX 562666
ROCKLEDGE,FL32956 		  PC TRUSTEE INITIATIVES 1,000

FEEDING SOUTH DAKOTA

4701 NORTH WESTPORT AVE
SIOUX FALLS,SD57107 		  PC TRUSTEE INITIATIVES 2,000

FLORIDA SURF FILM FESTIVAL INC

1414 ART CENTER AVE
NEW SMYRNA BEACH,FL32168 		  PC TRUSTEE INITIATIVES 2,500

FOOLPROOF FOUNDATION INC

516 DELANNOY AVE
COCOA,FL32922 		  PC GENERAL SUPPORT 10,000

FORT TICONDEROGA ASSOCIATION INC

PO BOX 390
TICONDEROGA,NY12883 		  PC TRUSTEE INITIATIVES 5,000

FREEDOM FORUM INSTITUTE INC

1207 8TH STREET SOUTH
NASHVILLE,TN37212 		RELATED ORGANIZATION PC GENERAL SUPPORT 376,624

FRIENDS OF THE CHILDRENS ADVOCACY

2 SUNTREA PLEACE
ROCKLEDGE,FL32955 		  PC TRUSTEE INITIATIVES 1,000

GRAND CANYON UNIVERSITY

3300 W CAMELBACK RD
PHOENIX,AZ85017 		  PC FREE SPIRIT SCHOLARSHIP 1,000

HAMLIN SCHOOL

2120 BROADWAY
SAN FRANCISCO,CA94115 		  PC TRUSTEE INITIATIVES 2,500

HARVARD UNIVERSITY

1033 MASSACHUSETTS HALL
CAMBRIDGE,MA02138 		  PC FREE SPIRIT SCHOLARSHIP 3,000

HEALTH FIRST FOUNDATION

3300 S FISKE BLVD
ROCKLEDGE,FL32955 		  PC TRUSTEE INITIATIVES 10,000

HELEN KELLER INTERNATIONAL

1 DAG HAMMARSKJOLD PLAZA
NEW YORK,NY10017 		  PC TRUSTEE INITIATIVES 25,000

IEA-INSPIRE ENCOURAGE ACHIEVE

20 N 11TH ST
BEAUMONT,TX77702 		  PC GENERAL SUPPORT 1,000

INSTITUTE FOR EDUCATION

4410 MASSACHUSETTS AVE NW
WASHINGTON,DC20016 		  PC TRUSTEE INITIATIVES 15,000

INTERNATIONAL WOMEN'S MEDIA FOUNDATION

1625 K ST NW 1275
WASHINGTON,DC20006 		  PC 2022 COURAGE IN JOURNALISM AWARDS 10,000

INTERNATIONAL WOMEN'S MEDIA FOUNDATION

1625 K STREET NW STE 1275
WASHINGTON,DC20006 		  PC TRUSTEE INITIATIVES 10,000

JAMES FOLEY LEGACY FOUNDATION

200 MARCY STREET STE 102
PORTSMOUTH,NH03801 		  PC TRUSTEE INITIATIVES 5,000

KHEMKA ANUJ

5330 5TH ST NORTH
ARLINGTON,VA22203 		  PC FREE SPIRIT SCHOLARSHIP 1,000

KLUS ELIOT

2420 N CIRCLE DR
ANN ARBOR,MI48103 		  PC FREE SPIRIT SCHOLARSHIP 1,000

LIBRARY OF VIRGINIA FOUNDATION

800 EAST BROAD STREET
RICHMOND,VA23219 		  PC TRUSTEE INITIATIVES 5,000

MIDDLEBURG COMMUNITY CENTER

300 W WASHINGTON ST
MIDDLEBURG,VA20117 		  PC TRUSTEE INITIATIVES 5,000

MONTANA STATE UNIVERSITY

201 MONTANA HALL
BOZEMAN,MT59717 		  PC FREE SPIRIT SCHOLARSHIP 1,000

NATIONAL CONSTITUTION CENTER

525 ARCH STREET
PHILADELPHIA,PA20006 		  PC GENERAL SUPPORT 25,000

NC LOCAL NEWS WORKSHOP

2850 CAMPUS BOX
ELON,NC27244 		  PC TRUSTEE INITIATIVES 5,000

NEBRASKA WESLEYAN UNIVERSITY

5000 SAINT PAUL AVE
LINCOLN,NE68504 		  PC FREE SPIRIT SCHOLARSHIP 570

NEWSEUM INC

9893 BREWERS CT
LAUREL,MD20723 		RELATED ORGANIZATION PC GENERAL SUPPORT 567,236

NORTH CAROLINA MUSEUM OF ART

4630 MAIL SERVICE CENTER
RALEIGH,NC27699 		  PC TRUSTEE INITIATIVES 4,000

NORTHWESTERN UNIVERSITY

1801 HINMAN AVENUE
EVANSTON,IL60208 		  PC FREE SPIRIT SCHOLARSHIP 3,000

PRINCETON UNIVERSITY

110 WEST COLLEGE BOX 430
PRINCETON,NJ08544 		  PC FREE SPIRIT SCHOLARSHIP 1,000

PROMISE INC

4105 NORFOLK PARKWAY
WEST MELBOURNE,FL32904 		  PC TRUSTEE INITIATIVES 3,500

PROVIDENCE COLLEGE

1 CUNNINGHAM SQUARE
PROVIDENCE,RI02918 		  PC FREE SPIRIT SCHOLARSHIP 1,000

REPORTERS' COMMITTEE FOR FREEDOM OF THE PRESS

1156 15TH STREET NW STE 1020
WASHINGTON,DC20005 		  PC TRUSTEE INITIATIVES 5,000

SAFE FUTURES

16 JAY STREET
NEW LONDON,CT06320 		  PC TRUSTEE INITIATIVES 6,000

SILVER BAY ASSOCIATION

87 SILVER BAY RD
SILVER BAY,NY12974 		  PC TRUSTEE INITIATIVES 3,000

SOUTH BREVARD SHARING CENTER

17 E HIBISCUS BLVD
MELBOURNE,FL32901 		  PC TRUSTEE INITIATIVES 1,000

SPACE COAST PRIDE INC

PO BOX 672
MELBOURNE,FL32902 		  PC TRUSTEE INITIATIVES 5,000

ST VINCENT DE PAUL MIDDLETOWN

PO BOX 398 617 MAIN ST
MIDDLETOWN,CT06457 		  CHURCH TRUSTEE INITIATIVES 6,000

STANFORD UNIVERSITY

520 LASUEN MALL OLD UNION 322
STANDFORD,CA94305 		  PC FREE SPIRIT SCHOLARSHIP 2,000

SURFSIDE PLAYERS INC

301 RAMP ROAD
COCOA BEACH,FL32931 		  PC TRUSTEE INITIATIVES 5,000

SWARTHMORE COLLEGE

500 COLLEGE AVE
SWARTHMORE,PA19081 		  PC FREE SPIRIT SCHOLARSHIP 1,000

THE BANQUET

900 E 8TH STREET
SIOUX FALLS,SD57103 		  PC TRUSTEE INITIATIVES 2,000

THE CHILDREN'S HUNGER PROJECT INC

7817 SHADOWOOD DR
MELBOURNE,FL32904 		  PC TRUSTEE INITIATIVES 1,000

THE CITADEL MILITARY COLLEGE

171 MOULTRIE STREET
CHARLESTON,SC29409 		  PC FREE SPIRIT SCHOLARSHIP 1,000

THE HUSSMAN SCHOOL OF JOURNALISM AND MEDIA

313 CARROL HALL BOX 3365
CHAPEL HILL,NC27599 		  PC TRUSTEE INITIATIVES 5,000

THE REGENTS OF THE UNIVERSITY OF CALIFORNIA

120 THEORY SUITE 200
IRVINE,CA92697 		  PC FREE SPIRIT SCHOLARSHIP 1,000

THE SALVATION ARMY

PO BOX 2584
SIOUX FALLS,SD57101 		  PC TRUSTEE INITIATIVES 2,000

THE UNIVERSITY OF TEXAS AT DALLAS

800 W CAMPBELL ROAD
RICHARDSON,TX75080 		  PC FREE SPIRIT SCHOLARSHIP 1,000

TICONDEROGA AREA BACKPACK PROGRAM

10 TEMPERANCE POINT
TICONDEROGA,NY12883 		  PC TRUSTEE INITIATIVES 1,000

TICONDEROGA MAIN STREET PARTNERSHIP

PO BOX 379
TICONDEROGA,NY12883 		  PC TRUSTEE INITIATIVES 1,000

TICONDEROGA REVITALIZATION ALLIANCE INC

PO BOX 247
TICONDEROGA,NY12883 		  PC TRUSTEE INITIATIVES 5,000

TUFTS UNIVERSITY

DOWLING HALL
MEDFORD,MA02155 		  PC FREE SPIRIT SCHOLARSHIP 1,000

UNC PRESS

116 S BOUNDARY ST
CHAPEL HILL,NC27514 		  PC TRUSTEE INITIATIVES 2,500

UNIVERSITY OF ARKANSAS

214 ARKANSAS UNION
FAYETTEVILLE,AR72701 		  PC FREE SPIRIT SCHOLARSHIP 1,000

UNIVERSITY OF CHICAGO

5801 S ELLIS AVE
CHICAGO,IL60637 		  PC FREE SPIRIT SCHOLARSHIP 1,000

UNIVERSITY OF FLORIDA

PO BOX 117300
GAINESVILLE,FL23611 		  PC TRUSTEE INITIATIVES 5,000

UNIVERSITY OF GEORGIA

STUDENT ACCOUNTS BUILDING
ATHENS,GA30602 		  PC FREE SPIRIT SCHOLARSHIP 2,000

UNIVERSITY OF IOWA

105 JESSUP HALL
IOWA CITY,IA52242 		  PC FREE SPIRIT SCHOLARSHIP 1,000

UNIVERSITY OF MARY

7500 UNIVERSITY DRIVE
BISMARCK,ND58504 		  PC FREE SPIRIT SCHOLARSHIP 1,000

UNIVERSITY OF MARYLAND

1109 LEE BUILDING
COLLEGE PARK,MD20742 		  PC FREE SPIRIT SCHOLARSHIP 2,000

UNIVERSITY OF NEBRASKA AT OMAHA

6001 DODGE ST EAB 208
OMAHA,NE68182 		  PC FREE SPIRIT SCHOLARSHIP 430

UNIVERSITY OF NORTH CAROLINA-CHAPEL HILL

300 PETTIGREW HALL
CHAPEL HILL,NC27514 		  PC FREE SPIRIT SCHOLARSHIP 1,000

UNIVERSITY OF PENNSYLVANIA

140 FRANKLIN BUILDING
PHILADELPHIA,PA19104 		  PC FREE SPIRIT SCHOLARSHIP 1,000

UNIVERSITY OF SAN FRANCISCO

2130 FULTON ST
SAN FRANCISCO,CA94117 		  PC FREE SPIRIT SCHOLARSHIP 1,000

UNIVERSITY OF SOUTH DAKOTA FOUNDATION

1110 N DAKOTA STREET
VERMILLION,SD57069 		  PC TRUSTEE INITIATIVES 15,000

VANDERBILT UNIVERSITY

2309 WEST END AVE
NASVILLE,TN37240 		  PC FREE SPIRIT SCHOLARSHIP 1,000

VANDERBILT UNIVERSITY SCHOOL OF LAW

2301 VANDERBILT PLACE
NASHVILLE,TN37240 		  PC TRUSTEE INITIATIVES 5,000

WASHINGTON PAVILION

301 S MAIN AVE
SIOUX FALLS,SD57104 		  PC TRUSTEE INITIATIVES 2,000

WELLESLEY COLLEGE

106 CENTRAL STREET
WELLESLEY,MA02481 		  PC FREE SPIRIT SCHOLARSHIP 1,000

WHEATON COLLEGE

501 EAST COLLEGE AVE
WHEATON,IL60187 		  PC FREE SPIRIT SCHOLARSHIP 1,000

WILLIAM PEACE UNIVERSITY ADVANCEMENT

15 EAST PEACE STREET
RALEIGH,NC27604 		  PC TRUSTEE INITIATIVES 3,500

WILLOWTON CHRISTIAN CHURCH

1763 WILLOWTON ROAD
PRINCETON,WV24739 		  CHURCH GENERAL SUPPORT 1,000

WOOLY MAMMOTH THEATER

641 D ST NW
WASHINGTON,DC20004 		  PC TRUSTEE INITIATIVES 5,000

YMCA OF THE TRIANGLE

891 CORPORATE CENTER DR STE 200
RALEIGH,NC27607 		  PC TRUSTEE INITIATIVES 5,000
Total .................................right arrow 3a 1,335,099
bApproved for future payment

FREE SPIRIT SCHOLAR RECIPIENTS
610 WATER ST SW SUITE 300
WASHINGTON,DC20024 		  PC 48 $1,000 FREE SPIRIT SCHOLARSHIPS 48,000

NEBRASKA PRESS ASSOCIATION FOUNDATION INC
845 S STREET
LINCOLN,NE68508 		  PC GENERAL SUPPORT 1,030
Total ................................. right arrow 3b 49,030
Form 990-PF (2022)
Form 990-PF (2022)
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 ........... 		         
4 Dividends and interest from securities ....     14 5,990,685  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....     16 388,973  
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -1,531,244  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		    01 29,746  
bDEFERRED EXCISE TAX         955,557
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 4,878,160 955,557
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,833,717
(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.)
11B DEFERRED EXCISE TAXES
Form 990-PF (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Name of the organization
THE FREEDOM FORUM INC
 
Employer identification number

54-1604427
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
THE FREEDOM FORUM INC
  		Employer identification number
54-1604427
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
NEWS CORP
 
1211 AVENUE OF THE AMERICAS
 
NEW YORK, NY100368701

$ 75,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
SCHWAB CHARITABLE GIFT FUND
 
101 MONTGOMERY STREET
 
SAN FRANCISCO, CA941044151

$ 50,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
W CURTIS RIDDLE
10024 IDLE PINE LANE
 
ESTERO, FL341358104

$ 20,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
JOHN S AND JAMES L KNIGHT FOUNDATION
 
2850 TIGERTAIL AVE SUITE 600
 
MIAMI, FL331335346

$ 50,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
JOHN & PATRICIA KLINGENSTEIN FUND
 
80 8TH AVE
 
NEW YORK, NY100117159

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
SCHWAB CHARITABLE GIFT FUND
 
101 MONTGOMERY STREET
 
SAN FRANCISCO, CA941044151

$ 10,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Name of organization
THE FREEDOM FORUM INC
  		Employer identification number
54-1604427
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
7
JOHN C LEE IV
PO BOX 154
 
PHILOMONT, VA201310154

$ 29,699


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
SCHWAB CHARITABLE GIFT FUND
 
101 MONTGOMERY STREET
 
SAN FRANCISCO, CA941044151

$ 8,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
9
BETTE BAO LORD
740 PARK AVENUE
 
NEW YORK, NY100214251

$ 7,875


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
10
FIDELITY CHARITABLE GIFT FUND
 
PO BOX 55158
 
BOSTON, MA022055158

$ 5,600


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
11
ALAN PERKINS
550 N ST SW APT S301
 
WASHINGTON, DC200244568

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
12
THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION
 
2 TOWER PL
 
ALBANY, NY122033735

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Name of organization
THE FREEDOM FORUM INC
  		Employer identification number
54-1604427
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
13
R DAVID EDELMAN
4112 40TH PL N
 
ARLINGTON, VA22207

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
14
GARTNER FAMILY FOUNDATION
 
100 MARKET STREET UNIT 515
 
DES MOINES, IA503094766

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
15
BRENT W JONES
1839 MAGNOLIA FRUIT DRIVE
 
POTOMAC SHORES, VA220262826

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
16
JAN NEUHARTH
800 W WASHINGTON ST
 
MIDDLEBURG, VA20117

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
THE FREEDOM FORUM INC
  		Employer identification number

54-1604427
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
7
 290 SHARES OF ATLANTIC UNION BANKSHARES $9,944 08/01/22IN KIND DONATION $19,755 09/24/22 $ 29,699  
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
THE FREEDOM FORUM INC
  		Employer identification number

54-1604427
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2022)
Additional Data


Software ID:  
Software Version:  

TY 2022 AccountingFeesSchedule
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 234,650 11,733 11,733 233,106

TY 2022 GeneralExplanationAttachment
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Identifier Return Reference Explanation
CONTROLLED ORGANIZATION 990PF, PART VI-A, QUESTION 11 NEWSEUM RESIDENCES, LLC610 WATER ST, SW SUITE 300WASHINGTON, DC 20024EIN 20-8680315THIS ENTITY IS A SINGLE MEMBER LLC OWNED BY THE FOUNDATION AND ALL ACITIVITY IS REPORTED ON THE RETURN.

TY 2022 InvestmentsCorpBondsSchedule
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 25,551,514 25,551,514

TY 2022 InvestmentsCorpStockSchedule
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK 214,403,832 214,403,832

TY 2022 InvestmentsGovtObligationsSch
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
US Government Securities - End of Year Book Value:

77,509,167
US Government Securities - End of Year Fair Market Value:

77,509,167
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2022 InvestmentsOtherSchedule2
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BROKERAGE: ALTERNATIVE INVESTMENTS/HEDGE FUNDS FMV 236,819,489 236,819,489

TY 2022 LegalFeesSchedule
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 875,606 0 0 895,069


TY 2022 OtherAssetsSchedule
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
MISCELLANEOUS ASSETS 2,988,528 2,967,425 2,967,425
DIVIDENDS RECEIVABLE 103,776 262,435 262,435
DUE FROM AFFILIATE 33,899,755 0 0
SECURITY DEPOSIT 114,209 0 0
CONTRIBUTED LEASE 3,550,000 3,350,000 3,350,000


TY 2022 OtherDecreasesSchedule
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Description Amount
UNREALIZED LOSS ON INVESTMENTS 91,415,592
LOSS ON UNCOLLECTIBLE PLEDGE 715
LOSS ON PENSION TERMINATION 26,571,422


TY 2022 OtherExpensesSchedule
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EQUIPMENT EXPENSES 796,001 0 0 840,287
OFFICE EXPENSE 112,704 0 0 53,120
MARKETING EXPENSE 125,371 0 0 118,176
COPYRIGHT & LICENSE FEES 698 0 0 73


TY 2022 OtherIncomeSchedule2
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ALTERNATIVE INVESTMENT OFF SHORE   72,867 72,867
OTHER INCOME 29,746 29,746 29,746
DEFERRED EXCISE TAX 955,557   955,557


TY 2022 OtherIncreasesSchedule
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Description Amount
CHANGE IN ADDITIONAL PENSION LIABILITY 23,996,090
TRANSFER FROM AFFILIATE, NEWSEUM RESIDENCES, LLC EIN 20-8680315 37,762,945


TY 2022 OtherLiabilitiesSchedule
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED FEDERAL EXCISE TAX PAYABLE 955,557 0
MARGIN PAYABLE 76,869,299 52,016,931


TY 2022 OtherProfessionalFeesSchedule
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 1,953,584 0 0 1,881,916
INVESTMENT FEES 4,126,077 2,406,755 2,406,755 0


TY 2022 TaxesSchedule
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE AND DEFERRED TAXES 222,655 0 0 21,000


TY 2022 TransfersFrmControlledEntities
Name:
THE FREEDOM FORUM INC
EIN:
54-1604427
Name US /
Foreign Address		 EIN Description Amount
NEWSEUM RESIDENCES LLC 610 WATER STREET SW SUITE 300
WASHINGTON,DC20024 		20-8680315 THIS ENTITY IS A SMLLC WHOLLY OWNED BY THE FOUNDATION AND ALL ACTIVITY IS REPORTED ON THE RETURN. 0
Total     37,762,945