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Freedomworks Foundation Inc

Foundation · Grantmaker Washington, DC EIN: 52-1526916 Website

THE MISSION OF FREEDOMWORKS FOUNDATION IS TO EDUCATE AND EMPOWER AMERICANS WITH THE PRINCIPLES OF INDIVIDUAL LIBERTY, SMALL GOVERNMENT, AND FREE MARKETS. EDUCATION IS THE ANIMATING FORCE THAT INFORMS THE DAILY ACTIVITIES AT FREEDOMWORKS FOUNDATION. THE ORGANIZATION WAS FOUNDED IN 1984 ON THE CAMPUS OF GEORGE MASON UNIVERSITY-A CENTER FOR AMERICAN FREE-MARKET ECONOMIC THOUGHT. SINCE THOSE EARLY DAYS, WE HAVE CONTINUED TO PURSUE A GOAL OF PRESERVING LIBERTY BY EDUCATION AMERICANS ABOUT FREE-MARKETS, LIMITED GOVERNMENT, AND INDIVIDUAL LIBERTY.

Key facts about Freedomworks Foundation Inc

EIN
52-1526916
Latest 990 filing
Form 990-PF, 2023
Total assets
$1,836,076

Data from IRS Form 990-PF, 2023; updated September 2026.

Next steps with Freedomworks Foundation Inc

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$1.8M

+10.4% YoY

Revenue

$4.6M

-35.9% YoY

Net Investment Income

$4K

-92.1% YoY

Expenses

$4.6M

-45.9% YoY

About Freedomworks Foundation Inc

Based on IRS filings

Freedomworks Foundation Inc is a nonprofit organization focused on Environment & Animals, based in Washington, DC. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.8M in total assets. Net investment income was $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AlexandriaArlingtonEnglewoodRockvilleWoodstock

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M2020202120222023
Metric202320222021
Total Assets$1,836,076$1,663,129$3,288,674
Revenue$4,607,322$7,186,346$7,527,754
Expenses$4,556,267$8,423,843$8,604,982
Qualifying Distributions———
Net Investment Income$3,673$46,727$43,674
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Giving Over Time

Total grant dollars and number of grants per year

$0$130K$260K$389K$519K3 grants20201 grants20211 grants20220 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2023

Grant Size Distribution

5 grants across all recorded years

1<$50K1$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2023.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

Adam Brandon — President: $229KAdam BrandonPresident$229KJohn Tamny — Dir. Center for Economic Freedom: $148KJohn TamnyDir. Center for Economic Freedom$148KMargaret Iuculano — Exec. Vice President (3-8/2023): $129KMargaret IuculanoExec. Vice President (3-8/2023)$129KPhillip Bell — Dir. of External Relations: $109KPhillip BellDir. of External Relations$109KMatthew Carnovale — VP of Development: $91KMatthew CarnovaleVP of Development$91KNoah Wall — Exec. Vice President (Until 3/7/23): $87KNoah WallExec. Vice President (Until…$87KLaura Zorc — VP of Prog. & E.D. of B.E.S.T.: $68KLaura ZorcVP of Prog. & E.D. of B.E.S.T.$68KJonathan Eberle — Director of Communications: $65KJonathan EberleDirector of Communications$65K

From 2023 IRS filing

NameTitleHoursCompensation
Paul BecknerBoard Chair1—
Betsy AlbaughBoard Member1—
Ted AbramBoard Member1—
Joan CarterBoard Member1—
Marilyn HaydenBoard Member1—
Rob LansingBoard Member1—
Nicola OpdyckeBoard Member1—
Adam BrandonPresident26$229,362
Parissa Sedghi FornwaltSecretary1—
Noah WallExec. Vice President (Until 3/7/23)26$86,999
Margaret IuculanoExec. Vice President (3-8/2023)26$128,749
John TamnyDir. Center for Economic Freedom36$147,771
Phillip BellDir. of External Relations26$108,885
Matthew CarnovaleVP of Development26$90,874
Laura ZorcVP of Prog. & E.D. of B.E.S.T.26$67,754
Jonathan EberleDirector of Communications26$65,462

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Freedomworks Foundation Inc?

Freedomworks Foundation Inc is a nonprofit organization focused on Environment & Animals, based in Washington, DC. It holds $1.8M in total assets as of 2023.

How large is Freedomworks Foundation Inc?

As of 2023, Freedomworks Foundation Inc holds $1.8M in total assets with $4.6M in annual revenue.

Where does Freedomworks Foundation Inc operate?

Freedomworks Foundation Inc has awarded grants in Georgia, Maryland, Ohio, Virginia.

What is Freedomworks Foundation Inc's EIN?

Freedomworks Foundation Inc's EIN (Employer Identification Number) is 52-1526916. IRS Form 990 filing data is available on this page for 2020–2023.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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