Future of Freedom Foundation (FFF)

The Future of Freedom Foundation (FFF) is a right-of-center educational organization that was founded in 1989 to advance freedom in the U.S. by promoting libertarianism. FFF promotes the libertarian principles of individual liberty, free markets, private property, and limited government. 1

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At-A-Glance

Type: Non-profit, 501(c)(3)
Issue Areas: Economic Policy
Website: www.fff.org
Formation:

1989

President:

$68,750 2

Location: Fairfax, VA View on map
Tax ID: 74-2543375
Most Recent Filing: 2024
Budget (2024): Assets: $278,891 Revenue: $312,822 Expenses: $409,188

Contents

    Activities

    The Future of Freedom Foundation claims that the U.S. moved away from the founding principles of individual freedom, free markets, private property, and limited government in the 20th century. FFF further claims that the resulting move towards socialism, interventionism, and imperialism has infringed on economic and civil liberties and created a weakened sense of morality and self-reliance. 1

    The Future of Freedom Foundation promotes the ideals of libertarianism through its website, which includes essays and articles, speeches and lectures, a monthly journal, op-eds, books, and monographs. 1 FFF also produces a daily email newsletter and a weekly analysis of current events called “The Libertarian Angle,” which features video conversations between FFF president Jacob Hornberger and Richard Ebeling, former president of the Foundation for Economic Education. 3

    Funding

    The Future of Freedom Foundation is funded by donations from individuals, foundations, and businesses. While FFF does not disclose its donors, tax filings confirm donations from the Vanguard Charitable Endowment Program ($140,000 in 2022), 4 the J.P. Humphreys Foundation ($10,000 in 2022), 5 and the Charles Koch Foundation ($10,000 in 2017). 6

    People

    Scholars and Leadership

    Jacob G. Hornberger is the founder and president of the Future of Freedom Foundation. Hornberger is a former director of programs at the Foundation for Economic Education. 7

    Bart Frazier is vice president of the Future of Freedom Foundation. 7

    James Bovard is a policy advisor to FFF and an adjunct research fellow at the American Institute for Economic Research. Bovard is a USA Today columnist, a frequent contributor to The Hill, and a contributing editor for American Conservative. 8

    Laurence M. Vance is a columnist and policy advisor for FFF and an associated scholar of the Ludwig von Mises Institute. 7

    Scott McPherson is a policy adviser at FFF and an advocate of the Free State Project. 7

    Board of Directors

    Dan Grossman is the chairman emeritus and sits on the boards of both the Atlas Network and the Foundation for Economic Education. Grossman is also the chair of Students for Liberty, the treasurer of the Charter Cities Institute, and Young Voices, and sits on the board of the Human Rights Foundation. 9

    Sally von Behren is the former chair of the Foundation for Economic Education. 10

    Other members of the board include Leroy A. Lloyd and Hall McAdams. 2

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $278,891 $312,822 $409,188 View
    2023 $380,634 $504,013 $426,765 View
    2022 $307,018 $420,017 $422,525 View
    2021 $303,495 $394,092 $486,811 View
    2020 $392,387 $379,500 $482,052 View

    Prior year filings: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 3

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Jacob G HornbergerPRESIDENT$66,667

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $2,367,925
    • Number of Grants: 174
    • Number of Funders: 36

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $162,0002021 Vanguard CharitableFOR RECIPIEN'S EXEM
    $140,0002023 Vanguard CharitableFOR RECIPIENT'S EXEMPT PURPOSE
    $135,0002024 Vanguard CharitableFOR RECIPIENT'S EXEMPT PURPOSE
    $135,0002022 Vanguard CharitableFor recipient's exempt purpose
    $25,0002021 Jp Humphreys FoundationGeneral Administration
    $25,0002020 Jp Humphreys FoundationGeneral Administration
    $12,5002025 Richard E Fox Charitable FoundationEDUCATION
    $10,0002024 Richard E Fox Charitable FoundationEDUCATION
    $10,0002022 Jp Humphreys FoundationGeneral Administration
    $6,3502023 Donor Advised Charitable Giving, Inc.PUBLIC, SOCIETAL BENEFIT
    $5,3502022 Donor Advised Charitable Giving, Inc.PUBLIC, SOCIETAL BENEFIT
    $5,0002023 The Dunn FoundationGeneral & Unrestricted
    $5,0002023 Richard E Fox Charitable FoundationEDUCATION
    $5,0002022 Richard E Fox Charitable FoundationEDUCATION
    $5,0002021 The Dunn FoundationGeneral & Unrestricted
    $5,0002021 Susquehanna FoundationGENERAL FUND
    $5,0002021 Richard E Fox Charitable FoundationEDUCATION
    $2,4752022 Yellow-Crowned Foundation C/o Banknote CapitalGENERAL OPERATIONS
    $2,0002023 Yellow-Crowned Foundation C/o Banknote CapitalGENERAL OPERATIONS
    $2,0002022 Atherton Family FoundationGENERAL SUPPORT
    $2,0002021 Yellow-Crowned Foundation C/o Banknote CapitalGENERAL OPERATIONS
    $2,0002020 Yellow-Crowned Foundation C/o Banknote CapitalGeneral operations
    $1,9752024 Yellow-Crowned Foundation C/o Banknote CapitalGENERAL OPERATIONS
    $1,7502023 William and Ginny Fink Family Foundation IncOPERATING SUPPORT
    $1,7502022 William and Ginny Fink Family Foundation IncOperating Support

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    Financials, employee compensation, and grant information provided by Candid.

    Mentioned in this Article

    References

    1. “About.” The Future of Freedom Foundation. Accessed August 5, 2024. https://www.fff.org/about/.
    2. The Future of Freedom Foundation, Return of Organization Exempt from Income Tax (Form 990), 2023, Part VII, Section A, Line 1a.
    3. “Events.” The Future of Freedom Foundation. Accessed August 5, 2024. https://www.fff.org/events/.
    4. Vanguard Charitable Endowment Program, Return of Organization Exempt from Income Tax (Form 990), 2022, Schedule I, Part II.
    5. J.P. Humphreys Foundation, Return of Private Foundation (Form 990-PF), 2022, Part XV, Line 3.
    6. Charles Koch Foundation, Return of Private Foundation (Form 990-PF), 2017, Part XV, Line 3.
    7.  “About.” The Future of Freedom Foundation. Accessed August 3, 2024. https://www.fff.org/about/.
    8. “James Bovard.” American Institute for Economic Research. Accessed August 3, 2024. https://www.aier.org/people/james-bovard/.
    9. “Dan Grossman.” LinkedIn. Accessed August 3, 2024. https://www.linkedin.com/in/dan-grossman-149a2218/.
    10. “Sally von Behren.” Independent Institute. Accessed August 3, 2024. https://www.independent.org/aboutus/person_detail.asp?id=1028.