Civic Intelligence

Marble Freedom Trust

990 • Fiscal year 2023 • EIN 85-0784793

May 01, 2022 to Apr 30, 2023 • Filed on Mar 15, 2024

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

(561) 563-3547

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

4th percentile

0.00x

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

2023 filings • $1B+ nonprofits • Source year 2023

Liabilities / Revenue

4th percentile

0.00x

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

2023 filings • $1B+ nonprofits • Source year 2023

Net Margin

1st percentile

-361%

Higher net margin than 1% of similar nonprofits.

2023 filings • $1B+ nonprofits • Source year 2023

Top Officer Pay

34th percentile

$900,000

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2023 filings • $1B+ nonprofits • Source year 2023

Asset Growth

3rd percentile

-15%

Faster asset growth than 3% of similar nonprofits.

2023 filings • $1B+ nonprofits • Annualized from 2022 to 2023

Revenue Growth

96th percentile

82%

Faster revenue growth than 96% of similar nonprofits.

2023 filings • $1B+ nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets4th percentile

Assets

Down

$1,042,289,889

Down $184,244,140 (-15%) from 2022

Net Assets

Down

$1,042,289,889

Down $184,244,140 (-15%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin1st percentile

Revenue

Up

$48,470,772

Up $21,868,950 (+82%) from 2022

Expenses

Up

$223,627,384

Up $38,703,477 (+21%) from 2022

Net Income

Down

-$175,156,612

Down $16,834,527 (-11%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5B$1.0B$500M$0Assets 2021: $1,413,208,131Liabilities 2021: $0Net Assets 2021: $1,413,208,1312021Assets 2022: $1,226,534,029Liabilities 2022: $0Net Assets 2022: $1,226,534,0292022Assets 2023: $1,042,289,889Liabilities 2023: $0Net Assets 2023: $1,042,289,8892023Assets 2024: $992,102,282Liabilities 2024: $0Net Assets 2024: $992,102,2822024Assets 2025: $877,636,565Liabilities 2025: $0Net Assets 2025: $877,636,5652025

Highlighted filing

2023

Assets$1,042,289,889
Liabilities$0
Net Assets$1,042,289,889
Open 2023 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0B$1.5B$1.0B$500M$0-$500MRevenue 2021: $1,642,871,821Expenses 2021: $229,663,690Net Income 2021: $1,413,208,1312021Revenue 2022: $26,601,822Expenses 2022: $184,923,907Net Income 2022: -$158,322,0852022Revenue 2023: $48,470,772Expenses 2023: $223,627,384Net Income 2023: -$175,156,6122023Revenue 2024: $62,284,458Expenses 2024: $200,659,956Net Income 2024: -$138,375,4982024Revenue 2025: $77,327,274Expenses 2025: $223,601,039Net Income 2025: -$146,273,7652025

Highlighted filing

2023

Revenue$48,470,772
Expenses$223,627,384
Net Income-$175,156,612
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Mar 15, 2024
Return Version
2022v5.0
Gross Receipts
$48,470,772
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
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,193,909,837$1,023,821,447▼ $170,088,390
Pledges and Grants Receivable$19,692,529--
Investments Other Securities-$5,033,663-
Cash and Non-Interest-Bearing Accounts$12,931,663$3,486,980▼ $9,444,683
Total Assets$1,226,534,029$1,042,289,889▼ $184,244,140
Other Assets Total-$9,947,799-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,226,534,029$1,042,289,889▼ $184,244,140
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,226,534,029$1,042,289,889▼ $184,244,140
Total Liabilities and Net Assets / Fund Balance$1,226,534,029$1,042,289,889▼ $184,244,140
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Alex MarshallCIOFT$900,000$900,000
Leonard A LeoTrustee and ChairmanPT$400,000$400,000

Board Members and Trustees

NameTitle
Tyler GreenAdministrative Trustee
Jonathan BunchSuccessor Trustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Baker HostetlerLegal Services1050 Connecticut Ave NW, Suite 1100, Washington, DC 20036$1,038,927
Kingsley Security IncSecurity and threat monitoring and detectionPO Box 140445, Howard Beach, NY 11414$888,282
Holtzman Vogel Baran Torchinsky & Josefiak PLLCLegal Services15405 John Marshall Hwy, Haymarket, VA 20169$360,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$48,470,772
Other Revenue
$0
Change in Net Assets
$-175,156,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$216,850,000
Other Expenses$5,475,955
Salaries, Compensation, and Employee Benefits$1,301,429
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$216,850,000--$216,850,000
Fees for Services Other-$1,832,329-$1,832,329
Fees for Services Legal-$1,668,090-$1,668,090
Fees for Service Investment Mgmnt Fees-$1,464,905-$1,464,905
Current Officers, Directors, Trustees, and Key Employees$200,000$970,000-$1,170,000
Fees for Services Management-$246,000-$246,000
Office Expenses-$183,639-$183,639
Other Salaries and Wages$75,000$25,000-$100,000
Insurance$34,222$11,408-$45,630
Fees for Services Accounting-$32,223-$32,223
Payroll Taxes-$31,429-$31,429
Travel-$3,139-$3,139
Total Functional Expenses$217,159,222$6,468,162$0$223,627,384
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Schwab Charitable FundOrlando, FL501c3General Operating (DAF)$153,750,000
The Concord FundVienna, VA501c4General Operating$55,500,000
Knights of Columbus Charitable FundNew Haven, CT501c3General Operating$7,600,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
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
No
Other officer compensation reviewed
No
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 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
2024-03-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Leonard A Leo
Formed
2020
Legal Domicile
Ut
Voting Board Members
3
Independent Board Members
2
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 465 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/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To 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/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0Neil Corkery
IRS990/BooksInCareOfDetail/PhoneNum05615633547
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0331 W Parrish Lane Suite 106-315
IRS990/BooksInCareOfDetail/USAddress/CityNm0Centerville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084014
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt012931663
IRS990/CashNonInterestBearingGrp/EOYAmt03486980
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0970000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0200000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01170000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt01038927
IRS990/ContractorCompensationGrp/CompensationAmt1888282
IRS990/ContractorCompensationGrp/CompensationAmt2360000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01050 Connecticut Ave NW
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO Box 140445
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt215405 John Marshall Hwy
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt0Suite 1100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Washington
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Howard Beach
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Haymarket
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0DC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd020036
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd111414
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd220169
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Baker Hostetler
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Kingsley Security Inc
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Holtzman Vogel Baran Torchinsky & Josefiak PLLC
IRS990/ContractorCompensationGrp/ServicesDesc0Legal Services
IRS990/ContractorCompensationGrp/ServicesDesc1Security and threat monitoring and detection
IRS990/ContractorCompensationGrp/ServicesDesc2Legal Services
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0216850000
IRS990/CYInvestmentIncomeAmt048470772
IRS990/CYOtherExpensesAmt05475955
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-175156612
IRS990/CYSalariesCompEmpBnftPaidAmt01301429
IRS990/CYTotalExpensesAmt0223627384
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt048470772
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0The 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, and planned for its future as a new organization.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0216884222
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt032223
IRS990/FeesForServicesAccountingGrp/TotalAmt032223
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01668090
IRS990/FeesForServicesLegalGrp/TotalAmt01668090
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0246000
IRS990/FeesForServicesManagementGrp/TotalAmt0246000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01832329
IRS990/FeesForServicesOtherGrp/TotalAmt01832329
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt01464905
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt01464905
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt16.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt26
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt055
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.5
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0Alex Marshall
IRS990/Form990PartVIISectionAGrp/PersonNm1Leonard A Leo
IRS990/Form990PartVIISectionAGrp/PersonNm2Jonathan Bunch
IRS990/Form990PartVIISectionAGrp/PersonNm3Tyler Green
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0900000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1400000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee and Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Successor Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Administrative Trustee
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt021808215
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0216850000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0216850000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0216850000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt021808215
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt048470772
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt011408
IRS990/InsuranceGrp/ProgramServicesAmt034222
IRS990/InsuranceGrp/TotalAmt045630
IRS990/InvestmentExpenseAmt0-3350861
IRS990/InvestmentIncomeGrp/ExclusionAmt026662557
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt026662557
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05033663
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01193909837
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01023821447
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0UT
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To 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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01226534029
IRS990/NetAssetsOrFundBalancesEOYAmt01042289889
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt021808215
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt021808215
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-5736667
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01226534029
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01042289889
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0183639
IRS990/OfficeExpensesGrp/TotalAmt0183639
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt09947799
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025000
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt075000
IRS990/OtherSalariesAndWagesGrp/TotalAmt0100000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt031429
IRS990/PayrollTaxesGrp/TotalAmt031429
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt019692529
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Leonard A Leo
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0The Trust reviewed and approved amounts to maintain and expand human freedom, and plan for its future as a new organization.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0275000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0182700000
IRS990/PYInvestmentIncomeAmt026601822
IRS990/PYOtherExpensesAmt0916523
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-158322085
IRS990/PYSalariesCompEmpBnftPaidAmt01307384
IRS990/PYTotalExpensesAmt0184923907
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026601822
IRS990/ReconcilationRevenueExpnssAmt0-175156612
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0153750000
IRS990ScheduleI/RecipientTable/CashGrantAmt155500000
IRS990ScheduleI/RecipientTable/CashGrantAmt27600000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C4
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Operating (DAF)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1General Operating
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2General Operating
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Schwab Charitable Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1The Concord Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Knights of Columbus Charitable Fund
IRS990ScheduleI/RecipientTable/RecipientEIN0311640316
IRS990ScheduleI/RecipientTable/RecipientEIN1202303252
IRS990ScheduleI/RecipientTable/RecipientEIN2815466677
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01958 Summit Park Dr
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt18300 Boone Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21 Columbus Plaza
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0Suite 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt1Suite 500
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Orlando
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Vienna
IRS990ScheduleI/RecipientTable/USAddress/CityNm2New Haven
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd032810
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd122182
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd206510
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Procedures 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/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0900000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1400000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Alex Marshall
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Leonard A Leo
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CIO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Trustee and Chairman
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0900000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1400000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Authority 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/ExplanationTxt1Related Party Information Among Officers. Leonard A Leo business relationship with Jonathan Bunch.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Decisions 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Organization'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).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Enforcement 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing Documents Disclosure Explanation. Governing and financial documents are not available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Rule of Law Trust
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0831047727
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Support
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08300 Boone Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Vienna
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd022182
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01226534029
IRS990/TotalAssetsEOYAmt01042289889
IRS990/TotalAssetsGrp/BOYAmt01226534029
IRS990/TotalAssetsGrp/EOYAmt01042289889
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06468162
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0217159222
IRS990/TotalFunctionalExpensesGrp/TotalAmt0223627384
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,042,289,889
Liabilities
$0
Net assets
$1,042,289,889
Revenue
$48,470,772
Expenses
$223,627,384
Net income
-$175,156,612
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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