Foundation for Individual Liberty

PHILADELPHIA, PA EIN: 52-1599160

The Foundation for Individual Liberty is a private nonprofit foundation based in Haddonfield, New Jersey. Established in 1994 as the UM Holdings Foundation, it operates as a 501(c)(3) private foundation under Section 509(a) of the Internal Revenue Code. The foundation is privately funded through donations from UM Holdings Ltd., a Philadelphia-based privately-held firm founded in 1973, as well as contributions from the families of the founders.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.4M

+2.0% YoY

Annual Giving

$349K

+2.6% YoY

Grant Count

23

+21.1% YoY

Avg Grant Size

$15K

-15.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Foundation for Individual Liberty's mission is to support the principles of individual rights—specifically the rights of each person to life, liberty, property, and the pursuit of happiness—limited government, and free markets. The foundation advocates for a society built on capitalism in which profit and production are seen as virtuous and government serves only to protect the rights of the individual and defend American freedom.

The foundation supports primarily causes aligned with its mission, including:

  • Advocacy for Individual Rights: Organizations that promote individual rights and freedoms
  • Limited Government Initiatives: Initiatives that advocate for limited governmental roles
  • Free Market Support: Projects that uphold and promote free market principles
  • Delaware Valley Community Causes: Groups that benefit the Delaware Valley community

Grantmaking

The foundation made 27 grants in its most recent reporting period, with a median grant size of approximately $10,000 and an average grant size of $15,900. Total giving was approximately $428,000.

Grant Range

of approximately $10,000 and an average grant size of $15,900. Total giving was approximately $428,000.

Average Grant

of $15,900. Total giving was approximately $428,000.

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Geographic Focus

Where this funder awards grants

The foundation has a primary focus on the Delaware Valley region, though it also supports national organizations aligned with its mission.

Grant Distribution by State

11states
+3 more states

Cities

AlexandriaArlingtonArlington HeightsAustinBala CynwydBedminsterCamdenCape May Court HouseCape May CourthouseGrand RapidsHaddon HeightsHaddonfieldKing Of PrussiaLemontLincoln UniverstiyLos AngelesMaple ShadeMediaNew YorkPhiladelphia

Financial History

Multi-year comparison from IRS filings

As of December 2023:

  • Total Assets: $8,281,023
  • Total Revenues: -$484,997
  • Total Expenses: $397,840
  • Number of Employees: 0

As of December 2022:

  • Total Assets: $8,766,020

The foundation operates with no paid staff, relying on its Board of Trustees for governance and decision-making.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$303K$605K$908K$1M20202021202220232024
Metric202420232022
Total Assets$8,449,455$8,281,023$7,977,127
Revenue$413,028$-484,997$-515,060
Expenses$403,966$397,840$513,219
Qualifying Distributions$374,969$391,339$497,183
Net Investment Income$354,796$413,767$210,876
Distributable Amount$413,668$393,440$423,606

Giving Over Time

Total grant dollars and number of grants per year

$0$124K$249K$373K$498K34 grants202033 grants202127 grants202219 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE OBJECTIVIST CENTER L…$50KTHE BARNES FOUNDATION$50KMUSEUM OF THE AMERICAN R…$50KTHE BECKET FUND FOR RELI…$25KFREEDOMWORKS FOUNDATION$25KINDEPENDENT CENTERELECTI…$25KFOUNDING FORWARD$15KCATO INSTITUTE$10KFOUNDATION FOR INDIVIDUA…$10KTHE HEARTLAND INSTITUTE$10K

Grant Size Distribution

136 grants across all recorded years

116<$50K20$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The Foundation's Board of Trustees includes:

  • John Aglialoro (Co-Chairman/Trustee)
  • Joan Carter (Co-Chairman/Secretary/Trustee)
  • Arthur W. Hicks Jr. (Vice President/Treasurer/Trustee)
  • Jordan Mersky
  • Mark D. Henderson
  • Liesl Henderson
  • Justin Aglialoro
  • James H. Carll

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOHN AGLIALOROCO-CHAIRMAN/TRUSTEE1
JOAN CARTERCO-CHAIRMAN/SECRETARY/TRUSTEE1
ARTHUR W HICKS JRPRESIDENT/TREASURER/TRUSTEE1
JAMES CARLLASSISTANT SECRETARY/TRUSTEE1
LIESEL HENDERSONTRUSTEE1
MARK HENDERSONTRUSTEE1
JORDAN MERSKYTRUSTEE1
JUSTIN AGLIALOROTRUSTEE1

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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