Marble Freedom Trust

EIN 85-0784793 • 501(c)4 • Centerville, UT

Profile

To maintain and expand human freedom consistent with the values and ideals set forth in the Declaration of Independence and the Constitution of the United States.

331 W Parrish Lane Suite 106-315Centerville, UT 84014

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$1B+ nonprofits • Source year 2022

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$1B+ nonprofits • Source year 2022

-595%

Higher net margin than 1% of similar nonprofits.

$1B+ nonprofits • Source year 2022

No value available

No filing with officer rows is available for this organization yet.

-13%

Faster asset growth than 3% of similar nonprofits.

$1B+ nonprofits • Annualized from 2021 to 2022

-98%

Faster revenue growth than 1% of similar nonprofits.

$1B+ nonprofits • Annualized from 2021 to 2022

Balance Sheet

Liabilities / Assets4th percentile

Assets

Down

$877,636,565

Down $114,465,717 (-12%) from 2024

Liabilities

Flat

Flat from 2024

Net Assets

Down

$877,636,565

Down $114,465,717 (-12%) from 2024

Operations

Liabilities / Revenue4th percentile Net Margin1st percentile

Revenue

$77,327,274

Up $15,042,816 (+24%) from 2024

Expenses

$223,601,039

Up $22,941,083 (+11%) from 2024

Net Income

Down

-$146,273,765

Down $7,898,267 (-5.7%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth3rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2025

Assets$877,636,565

Liabilities$0

Net Assets$877,636,565

Open 2025 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2025

Revenue$77,327,274

Expenses$223,601,039

Net Income-$146,273,765

Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $877,636,565
Liabilities: $0
Net assets: $877,636,565
Revenue: $77,327,274
Expenses: $223,601,039
Net income: -$146,273,765

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$878	$0.00	$878	$77.3	$224	$146
2024Detailed filing. Detailed filing data is available for this year.	$992	$0.00	$992	$62.3	$201	$138
2023Detailed filing. Detailed filing data is available for this year.	$1,042	$0.00	$1,042	$48.5	$224	$175
2022Detailed filing. Detailed filing data is available for this year.	$1,227	$0.00	$1,227	$26.6	$185	$158
2021Detailed filing. Detailed filing data is available for this year.	$1,413	$0.00	$1,413	$1,643	$230	$1,413

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: May 1, 2024 to Apr 30, 2025
Signed: Mar 10, 2026
Return Version: 2024v5.0
Gross Receipts: $77,327,274

Mission and Program Overview

Mission

To maintain and expand human freedom consistent with the values and ideals set forth in the Declaration of Independence and the Constitution of the United States.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Investments in Publicly Traded Securities	$822,720,473	$668,936,070	▼ $153,784,403
Investments Other Securities	$136,665,705	$164,370,844	▲ $27,705,139
Cash and Non-Interest-Bearing Accounts	$6,579,649	$4,099,623	▼ $2,480,026
Total Assets	$992,102,282	$877,636,565	▼ $114,465,717
Other Assets Total	$26,136,455	$40,230,028	▲ $14,093,573
Liabilities
Total Liabilities	$0	$0	→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$992,102,282	$877,636,565	▼ $114,465,717
Net Assets With Donor Restrictions	$0	$0	→ $0
Total Net Assets Fund Balance	$992,102,282	$877,636,565	▼ $114,465,717
Total Liabilities and Net Assets / Fund Balance	$992,102,282	$877,636,565	▼ $114,465,717

Asset Categories

Asset	Book Value	Depreciation	Basis
Closely Held Equity Interests	$164,370,844	-	-
Financial Derivatives	$0	-	-

Compensation and Service Providers

Top Officer PayScore unavailable

Employees

Name	Title	Full / Part Time	Base	Other	Total
Alex Marshall	CIO	FT	$726,000	$175,000	$901,000
Leonard A Leo	Trustee and Chairman	PT	$500,000	-	$500,000

Board Members and Trustees

Name	Title
Tyler Green	Administrative Trustee
Jonathan Bunch	Successor Trustee

Highest Paid Contractors

Contractor	Services	Location	Compensation
Baker Hostetler	Legal Services	1050 Connecticut Ave NW, Suite 1100, Washington, DC 20036	$5,002,001
Kingsley Security Inc	Security and threat monitoring and detection	PO Box 140445, Fl 12, Howard Beach, NY 11414	$2,474,240
Holtzman Vogel Baran Torchinsky & Josefiak PLLC	Legal Services	15405 John Marshall Hwy, Haymarket, VA 20169	$360,110
Semmes Partners LLC	Strategic Consulting	300 Park Ave, New York, NY 10022	$200,000

Revenue and Support

Revenue Composition

Contributions and Grants: $0
Program Service Revenue: $0
Investment Income: $77,327,274
Other Revenue: $0
Change in Net Assets: $-146,273,765

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Grants and Similar Amounts Paid	$206,750,000
Other Expenses	$15,402,666
Salaries, Compensation, and Employee Benefits	$1,448,373
Professional Fundraising Fees	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Grants to Domestic Orgs	$206,750,000	-	-	$206,750,000
Fees for Service Investment Mgmnt Fees	$0	$6,644,519	$0	$6,644,519
Fees for Services Legal	$0	$4,652,198	$0	$4,652,198
Fees for Services Other	$0	$3,060,422	$0	$3,060,422
Current Officers, Directors, Trustees, and Key Employees	$200,000	$1,115,520	$0	$1,315,520
Conferences and Meetings	$469,275	$0	$0	$469,275
Fees for Services Management	$0	$233,845	$0	$233,845
Office Expenses	$0	$232,097	$0	$232,097
Other Salaries and Wages	$0	$100,000	$0	$100,000
Fees for Services Accounting	$0	$56,705	$0	$56,705
Insurance	$0	$42,960	$0	$42,960
Payroll Taxes	$0	$32,853	$0	$32,853
Travel	$0	$10,645	$0	$10,645
Total Functional Expenses	$207,419,275	$16,181,764	$0	$223,601,039

International Activity

Grant and Assistance Recipients

Recipient	Location	Category	Purpose	Amount
Schwab Charitable Fund	Orlando, FL	501 C3	To support organizations that promote limited government, freedom, and human dignity (DAF).	$157,650,000
The Concord Fund	Vienna, VA	501c4	General Operating	$33,450,000
Lexington Fund	Fort Worth, TX	501c4	General Operating	$14,750,000
Knights of Columbus Charitable Fund	New Haven, CT	501c3	General Operating	$500,000
Rule of Law Trust	Vienna, VA	501c4	General Operating	$400,000

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Subject to proxy tax: No

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Rule of Law Trust	Vienna, VA	Support	501c4	-	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Columbia Finance LLC	Alexandria, VA	Investment	$0	$2,231,042	100%	No

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
Chesapeake Financial Holdings LLC	Centerville, UT	Holding company	$-931,837	$30,452,105	Marble Freedom Trust

Transactions with Related Organizations

Organization	Type	Method	Amount
Columbia Finance LLC	b	Cost	$5,660,000
Rule of Law Trust	b	Grant amount	$400,000

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Backup withholding compliance: Yes
Business relationship with 35% controlled entity: No
Business relationship with family members: No
Business relationship with organization members: No
Material changes to governing documents: No
Compensation from other sources disclosed: No
CEO compensation reviewed: Yes
Other officer compensation reviewed: Yes
Conflict-of-interest policy: Yes
Audited financial statements prepared: No
Key decisions subject to board approval: Yes
Management duties delegated: No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

“Authority Delegated to Committee Explanation. The Trustee has primary authority to manage and make decisions on behalf of the Trust. The Administrative Trustee has responsibility over certain administrative matters, such as maintaining records, tax returns and financial statements, and administering certain assets in the trust's local jurisdiction. The Successor Trustee exercises the power of the Trustee in certain situations where the Trustee would have a conflict of interest or in the absence or inability of the Trustee to act.”

Form 990, Part VI, Section A, Line 2

“Related Party Information Among Officers. Leonard A Leo business relationship with Jonathan Bunch.”

Form 990, Part VI, Section A, Line 7B

“Decisions Subject to Approval of Members Under the trust agreement, a designated individual has power to sue to enforce the Trust and to approve a request by the Successor Trustee to remove the Trustee.”

Form 990, Part VI, Section B, Line 11B

“Organization's Process to Review Form 990. The Form 990 is prepared by an independent contractor and is reviewed by legal counsel and the Trustee prior to filing with Internal Revenue Services (IRS).”

Form 990, Part VI, Section B, Line 12C

“Enforcement of Conflicts of Interest Policy. Officers and Trustees are subject to conflict of interest provisions in the trust agreement and work with counsel to comply.”

Form 990, Part VI, Section B, Line 15

“Compensation for the Organization's Chairman and CIO were reviewed and approved by independent persons, utilizing comparability data, and contemporaneous substantiation of the deliberation and approval.”

Form 990, Part VI, Section C, Line 19

“Governing Documents Disclosure Explanation. Governing and financial documents are not available to the public.”

Filing and Contact Details

Filer

Filer Name: Marble Freedom Trust
EIN: 85-0784793
Phone: 5615633547
Address: 331 W Parrish Lane Suite 106-315, Centerville, UT 84014

Signing Officer

Name: Leonard A Leo
Title: Trustee and Chairman
Phone: 5615633547
Signed: 2026-03-10
Discuss with paid preparer: No

Organization Details

Principal Officer: Leonard A Leo
Formed: 2020
Legal Domicile: Ut
Voting Board Members: 1
Independent Board Members: 0
Employees: 2
Volunteers: 0

Preparer

Firm: NPO Financial Services LLC
Address: PO Box 1056, Plainfield, IN 46168
Preparer: Shawna Powell
Phone: 7652636800

Raw XML AppendixShowing 400 of 565 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990/AccountantCompileOrReviewInd	0	0
IRS990/ActivitiesConductedPrtshpInd	0	0
IRS990/ActivityOrMissionDesc	0	To maintain and expand human freedom consistent with the values and ideals set forth in the Declaration of Independence and the Constitution of the United States.
IRS990/AnnualDisclosureCoveredPrsnInd	0	1
IRS990/BackupWthldComplianceInd	0	1
IRS990/BooksInCareOfDetail/PersonNm	0	Tyler Green
IRS990/BooksInCareOfDetail/PhoneNum	0	5615633547
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	331 W Parrish Lane Suite 106-315
IRS990/BooksInCareOfDetail/USAddress/CityNm	0	Centerville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd	0	84014
IRS990/BusinessRlnWith35CtrlEntInd	0	0
IRS990/BusinessRlnWithFamMemInd	0	0
IRS990/BusinessRlnWithOrgMemInd	0	0
IRS990/CashNonInterestBearingGrp/BOYAmt	0	6579649
IRS990/CashNonInterestBearingGrp/EOYAmt	0	4099623
IRS990/ChangeToOrgDocumentsInd	0	0
IRS990/CntrctRcvdGreaterThan100KCnt	0	4
IRS990/CollectionsOfArtInd	0	0
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt	0	0
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt	0	1115520
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt	0	200000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt	0	1315520
IRS990/CompDisqualPersonsGrp/FundraisingAmt	0	0
IRS990/CompDisqualPersonsGrp/ManagementAndGeneralAmt	0	0
IRS990/CompDisqualPersonsGrp/ProgramServicesAmt	0	0
IRS990/CompDisqualPersonsGrp/TotalAmt	0	0
IRS990/CompensationFromOtherSrcsInd	0	0
IRS990/CompensationProcessCEOInd	0	1
IRS990/CompensationProcessOtherInd	0	1
IRS990/ConferencesMeetingsGrp/FundraisingAmt	0	0
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt	0	0
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt	0	469275
IRS990/ConferencesMeetingsGrp/TotalAmt	0	469275
IRS990/ConflictOfInterestPolicyInd	0	1
IRS990/ConservationEasementsInd	0	0
IRS990/ConsolidatedAuditFinclStmtInd	0	0
IRS990/ContractorCompensationGrp/CompensationAmt	0	5002001
IRS990/ContractorCompensationGrp/CompensationAmt	1	2474240
IRS990/ContractorCompensationGrp/CompensationAmt	2	360110
IRS990/ContractorCompensationGrp/CompensationAmt	3	200000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt	0	1050 Connecticut Ave NW
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt	1	PO Box 140445
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt	2	15405 John Marshall Hwy
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt	3	300 Park Ave
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt	0	Suite 1100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt	1	Fl 12
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm	0	Washington
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm	1	Howard Beach
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm	2	Haymarket
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm	3	New York
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd	0	DC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd	1	NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd	2	VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd	3	NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd	0	20036
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd	1	11414
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd	2	20169
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd	3	10022
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt	0	Baker Hostetler
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt	1	Kingsley Security Inc
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt	2	Holtzman Vogel Baran Torchinsky & Josefiak PLLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt	3	Semmes Partners LLC
IRS990/ContractorCompensationGrp/ServicesDesc	0	Legal Services
IRS990/ContractorCompensationGrp/ServicesDesc	1	Security and threat monitoring and detection
IRS990/ContractorCompensationGrp/ServicesDesc	2	Legal Services
IRS990/ContractorCompensationGrp/ServicesDesc	3	Strategic Consulting
IRS990/CreditCounselingInd	0	0
IRS990/CYBenefitsPaidToMembersAmt	0	0
IRS990/CYContributionsGrantsAmt	0	0
IRS990/CYGrantsAndSimilarPaidAmt	0	206750000
IRS990/CYInvestmentIncomeAmt	0	77327274
IRS990/CYOtherExpensesAmt	0	15402666
IRS990/CYOtherRevenueAmt	0	0
IRS990/CYProgramServiceRevenueAmt	0	0
IRS990/CYRevenuesLessExpensesAmt	0	-146273765
IRS990/CYSalariesCompEmpBnftPaidAmt	0	1448373
IRS990/CYTotalExpensesAmt	0	223601039
IRS990/CYTotalFundraisingExpenseAmt	0	0
IRS990/CYTotalProfFndrsngExpnsAmt	0	0
IRS990/CYTotalRevenueAmt	0	77327274
IRS990/DecisionsSubjectToApprovaInd	0	1
IRS990/DeductibleArtContributionInd	0	0
IRS990/DeductibleNonCashContriInd	0	0
IRS990/DelegationOfMgmtDutiesInd	0	0
IRS990/Desc	0	The Trust reviewed and approved grants to maintain and expand human freedom consistent with the values and ideals set forth in the Declaration of Independence and the Constitution of the United States.
IRS990/DescribedInSection501c3Ind	0	0
IRS990/DisregardedEntityInd	0	1
IRS990/DocumentRetentionPolicyInd	0	0
IRS990/DonatedServicesAndUseFcltsAmt	0	0
IRS990/DonorAdvisedFundInd	0	0
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt	0	0
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt	0	0
IRS990/DonorRstrOrQuasiEndowmentsInd	0	0
IRS990/ElectionOfBoardMembersInd	0	0
IRS990/EmployeeCnt	0	2
IRS990/EmploymentTaxReturnsFiledInd	0	1
IRS990/EngagedInExcessBenefitTransInd	0	0
IRS990/ExpenseAmt	0	207419275
IRS990/FamilyOrBusinessRlnInd	0	1
IRS990/FederalGrantAuditRequiredInd	0	0
IRS990/FeesForServicesAccountingGrp/FundraisingAmt	0	0
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt	0	56705
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt	0	0
IRS990/FeesForServicesAccountingGrp/TotalAmt	0	56705
IRS990/FeesForServicesLegalGrp/FundraisingAmt	0	0
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt	0	4652198
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt	0	0
IRS990/FeesForServicesLegalGrp/TotalAmt	0	4652198
IRS990/FeesForServicesManagementGrp/FundraisingAmt	0	0
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt	0	233845
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt	0	0
IRS990/FeesForServicesManagementGrp/TotalAmt	0	233845
IRS990/FeesForServicesOtherGrp/FundraisingAmt	0	0
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt	0	3060422
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt	0	0
IRS990/FeesForServicesOtherGrp/TotalAmt	0	3060422
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt	0	0
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt	0	6644519
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt	0	0
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt	0	6644519
IRS990/ForeignActivitiesInd	0	0
IRS990/ForeignFinancialAccountInd	0	0
IRS990/ForeignOfficeInd	0	0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	0	0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	1	6
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	2	6
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt	3	0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	0	55
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	1	25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	2	0.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt	3	0.5
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	0	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	1	X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd	2	X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd	0	X
IRS990/Form990PartVIISectionAGrp/OfficerInd	0	X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	0	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	1	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	2	0
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt	3	0
IRS990/Form990PartVIISectionAGrp/PersonNm	0	Alex Marshall
IRS990/Form990PartVIISectionAGrp/PersonNm	1	Leonard A Leo
IRS990/Form990PartVIISectionAGrp/PersonNm	2	Jonathan Bunch
IRS990/Form990PartVIISectionAGrp/PersonNm	3	Tyler Green
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	0	901000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	1	500000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	2	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt	3	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	0	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	1	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	2	0
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt	3	0
IRS990/Form990PartVIISectionAGrp/TitleTxt	0	CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt	1	Trustee and Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt	2	Successor Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt	3	Administrative Trustee
IRS990/Form990ProvidedToGvrnBodyInd	0	1
IRS990/FormationYr	0	2020
IRS990/FormerOfcrEmployeesListedInd	0	0
IRS990/FSAuditedInd	0	0
IRS990/FundraisingActivitiesInd	0	0
IRS990/GainOrLossGrp/OtherAmt	0	18950843
IRS990/GainOrLossGrp/SecuritiesAmt	0	0
IRS990/GamingActivitiesInd	0	0
IRS990/GoverningBodyVotingMembersCnt	0	1
IRS990/GrantAmt	0	206750000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt	0	0
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt	0	0
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt	0	206750000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt	0	206750000
IRS990/GrantsToIndividualsInd	0	0
IRS990/GrantsToOrganizationsInd	0	1
IRS990/GrantToRelatedPersonInd	0	0
IRS990/GrossAmountSalesAssetsGrp/OtherAmt	0	18950843
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt	0	0
IRS990/GrossReceiptsAmt	0	77327274
IRS990/GroupReturnForAffiliatesInd	0	0
IRS990/IncludeFIN48FootnoteInd	0	0
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt	0	0
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt	0	0
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt	0	0
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt	0	0
IRS990/IndependentAuditFinclStmtInd	0	0
IRS990/IndependentVotingMemberCnt	0	0
IRS990/IndivRcvdGreaterThan100KCnt	0	2
IRS990/IndoorTanningServicesInd	0	0
IRS990/InfoInScheduleOPartVIInd	0	X
IRS990/InsuranceGrp/FundraisingAmt	0	0
IRS990/InsuranceGrp/ManagementAndGeneralAmt	0	42960
IRS990/InsuranceGrp/ProgramServicesAmt	0	0
IRS990/InsuranceGrp/TotalAmt	0	42960
IRS990/InvestmentExpenseAmt	0	-1748988
IRS990/InvestmentIncomeGrp/ExclusionAmt	0	58376431
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt	0	0
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt	0	58376431
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt	0	0
IRS990/InvestmentInJointVentureInd	0	0
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt	0	136665705
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt	0	164370844
IRS990/InvestmentsPubTradedSecGrp/BOYAmt	0	822720473
IRS990/InvestmentsPubTradedSecGrp/EOYAmt	0	668936070
IRS990/IRPDocumentCnt	0	12
IRS990/IRPDocumentW2GCnt	0	0
IRS990/LegalDomicileStateCd	0	UT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt	0	0
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt	0	0
IRS990/LoanOutstandingInd	0	0
IRS990/LocalChaptersInd	0	0
IRS990/MaterialDiversionOrMisuseInd	0	0
IRS990/MembersOrStockholdersInd	0	0
IRS990/MethodOfAccountingAccrualInd	0	X
IRS990/MinutesOfCommitteesInd	0	1
IRS990/MinutesOfGoverningBodyInd	0	1
IRS990/MissionDesc	0	To maintain and expand human freedom consistent with the values and ideals set forth in the Declaration of Independence and the Constitution of the United States.
IRS990/MoreThan5000KToIndividualsInd	0	0
IRS990/MoreThan5000KToOrgInd	0	0
IRS990/NetAssetsOrFundBalancesBOYAmt	0	992102282
IRS990/NetAssetsOrFundBalancesEOYAmt	0	877636565
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt	0	18950843
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt	0	0
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt	0	18950843
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt	0	0
IRS990/NetUnrelatedBusTxblIncmAmt	0	0
IRS990/NetUnrlzdGainsLossesInvstAmt	0	33557036
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt	0	992102282
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt	0	877636565
IRS990/NondeductibleContributionsInd	0	0
IRS990/OfficeExpensesGrp/FundraisingAmt	0	0
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt	0	232097
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	0
IRS990/OfficeExpensesGrp/TotalAmt	0	232097
IRS990/OfficerMailingAddressInd	0	0
IRS990/OperateHospitalInd	0	0
IRS990/Organization501cInd	0	X
IRS990/OrganizationFollowsFASB117Ind	0	X
IRS990/OtherAssetsTotalGrp/BOYAmt	0	26136455
IRS990/OtherAssetsTotalGrp/EOYAmt	0	40230028
IRS990/OtherChangesInNetAssetsAmt	0	0
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt	0	0
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt	0	0
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	0
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	0
IRS990/OtherRevenueTotalAmt	0	0
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt	0	0
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt	0	100000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	0
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	100000
IRS990/PartialLiquidationInd	0	0
IRS990/PayrollTaxesGrp/FundraisingAmt	0	0
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt	0	32853
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	0
IRS990/PayrollTaxesGrp/TotalAmt	0	32853
IRS990/PoliticalCampaignActyInd	0	0
IRS990/PrincipalOfficerNm	0	Leonard A Leo
IRS990/PriorPeriodAdjustmentsAmt	0	0
IRS990/ProfessionalFundraisingInd	0	0
IRS990/ProhibitedTaxShelterTransInd	0	0
IRS990/PYBenefitsPaidToMembersAmt	0	0
IRS990/PYContributionsGrantsAmt	0	27924703
IRS990/PYExcessBenefitTransInd	0	0
IRS990/PYGrantsAndSimilarPaidAmt	0	189150000
IRS990/PYInvestmentIncomeAmt	0	34359755
IRS990/PYOtherExpensesAmt	0	9844760
IRS990/PYOtherRevenueAmt	0	0
IRS990/PYProgramServiceRevenueAmt	0	0
IRS990/PYRevenuesLessExpensesAmt	0	-138375498
IRS990/PYSalariesCompEmpBnftPaidAmt	0	1665196
IRS990/PYTotalExpensesAmt	0	200659956
IRS990/PYTotalProfFndrsngExpnsAmt	0	0
IRS990/PYTotalRevenueAmt	0	62284458
IRS990/ReconcilationRevenueExpnssAmt	0	-146273765
IRS990/RegularMonitoringEnfrcInd	0	1
IRS990/RelatedEntityInd	0	1
IRS990/RelatedOrganizationCtrlEntInd	0	1
IRS990/RentalIncomeOrLossGrp/PersonalAmt	0	0
IRS990/RentalIncomeOrLossGrp/RealAmt	0	0
IRS990/ReportInvestmentsOtherSecInd	0	1
IRS990/ReportLandBuildingEquipmentInd	0	0
IRS990/ReportOtherAssetsInd	0	0
IRS990/ReportOtherLiabilitiesInd	0	0
IRS990/ReportProgramRelatedInvstInd	0	0
IRS990/RevenueAmt	0	0
IRS990/RoyaltiesRevenueGrp/ExclusionAmt	0	0
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	0
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt	0	0
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt	0	0
IRS990/ScheduleBRequiredInd	0	0
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt	0	164370844
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd	0	F
IRS990ScheduleD/FinancialDerivativesGrp/BookValueAmt	0	0
IRS990ScheduleD/TotalBookValueSecuritiesAmt	0	164370844
IRS990ScheduleI/GrantRecordsMaintainedInd	0	1
IRS990ScheduleI/RecipientTable/CashGrantAmt	0	157650000
IRS990ScheduleI/RecipientTable/CashGrantAmt	1	33450000
IRS990ScheduleI/RecipientTable/CashGrantAmt	2	14750000
IRS990ScheduleI/RecipientTable/CashGrantAmt	3	500000
IRS990ScheduleI/RecipientTable/CashGrantAmt	4	400000
IRS990ScheduleI/RecipientTable/IRCSectionDesc	0	501 C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc	1	501C4
IRS990ScheduleI/RecipientTable/IRCSectionDesc	2	501C4
IRS990ScheduleI/RecipientTable/IRCSectionDesc	3	501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc	4	501C4
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	0	0
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	1	0
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	2	0
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	3	0
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt	4	0
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	0	To support organizations that promote limited government, freedom, and human dignity (DAF).
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	1	General Operating
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	2	General Operating
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	3	General Operating
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt	4	General Operating
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	0	Schwab Charitable Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	1	The Concord Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	2	Lexington Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	3	Knights of Columbus Charitable Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt	4	Rule of Law Trust
IRS990ScheduleI/RecipientTable/RecipientEIN	0	311640316
IRS990ScheduleI/RecipientTable/RecipientEIN	1	202303252
IRS990ScheduleI/RecipientTable/RecipientEIN	2	990600559
IRS990ScheduleI/RecipientTable/RecipientEIN	3	815466677
IRS990ScheduleI/RecipientTable/RecipientEIN	4	831047727
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	0	1958 Summit Park Dr
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	1	8300 Boone Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	2	201 Main St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	3	1 Columbus Plaza
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt	4	8300 Boone Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt	0	Suite 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt	1	Suite 500
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt	2	STE 1375
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt	3	Ste 500
IRS990ScheduleI/RecipientTable/USAddress/CityNm	0	Orlando
IRS990ScheduleI/RecipientTable/USAddress/CityNm	1	Vienna
IRS990ScheduleI/RecipientTable/USAddress/CityNm	2	Fort Worth
IRS990ScheduleI/RecipientTable/USAddress/CityNm	3	New Haven
IRS990ScheduleI/RecipientTable/USAddress/CityNm	4	Vienna
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	0	FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	1	VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	2	TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	3	CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd	4	VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd	0	32810
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd	1	22182
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd	2	76102
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd	3	06510
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd	4	22182
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt	0	Procedures for Monitoring the Use of Grant Funds. The Trust monitors grants to ensure funds are used in a manner consistent with the exempt purpose of the organization.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt	0	2
IRS990ScheduleI/TotalOtherOrgCnt	0	3
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	1
IRS990ScheduleJ/BoardOrCommitteeApprovalInd	0	X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	0
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	0
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	0
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	0
IRS990ScheduleJ/CompensationSurveyInd	0	X
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	0
IRS990ScheduleJ/Form990OfOtherOrganizationsInd	0	X
IRS990ScheduleJ/InitialContractExceptionInd	0	0
IRS990/ScheduleJRequiredInd	0	1
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt	0	726000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt	1	500000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount	0	175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	Alex Marshall
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	Leonard A Leo
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	CIO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	1	Trustee and Chairman
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt	0	901000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt	1	500000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt	1	0
IRS990ScheduleJ/SeverancePaymentInd	0	0
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt	0	The organization's Trustee, in consultation with legal and financial advisors, reviews comparability data to ensure total compensation, including non-fixed discretionary performance bonuses, constitute reasonable compensation.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Schedule J, Part I, Line 7
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd	0	0
IRS990/ScheduleORequiredInd	0	1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Authority Delegated to Committee Explanation. The Trustee has primary authority to manage and make decisions on behalf of the Trust. The Administrative Trustee has responsibility over certain administrative matters, such as maintaining records, tax returns and financial statements, and administering certain assets in the trust's local jurisdiction. The Successor Trustee exercises the power of the Trustee in certain situations where the Trustee would have a conflict of interest or in the absence or inability of the Trustee to act.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Related Party Information Among Officers. Leonard A Leo business relationship with Jonathan Bunch.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.