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Non-profit

Future of Freedom Foundation (FFF)

Website:

www.fff.org
Location:

Fairfax, VA
Tax ID:

74-2543375
Tax-Exempt Status:

501(c)(3)

Budget (2021):

Revenue: $394,092
Expenses: $486,811
Assets: $303,495
Type:

Education Nonprofit Group
Formation:

1989
President:

$68,750 10
Budget (2023):

Total Revenue: $504,013
Total Expenses: $426,765
Total Assets: $380,634 11

References

  1. The Future of Freedom Foundation, Return of Organization Exempt from Income Tax (Form 990), 2023, Part I & II.

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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

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. 2

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), 3 the J.P. Humphreys Foundation ($10,000 in 2022), 4 and the Charles Koch Foundation ($10,000 in 2017). 5

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. 6

Bart Frazier is vice president of the Future of Freedom Foundation. 6

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. 7

Laurence M. Vance is a columnist and policy advisor for FFF and an associated scholar of the Ludwig von Mises Institute. 6

Scott McPherson is a policy adviser at FFF and an advocate of the Free State Project. 6

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. 8

Sally von Behren is the former chair of the Foundation for Economic Education. 9

Other members of the board include Leroy A. Lloyd and Hall McAdams. 10

References

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

  • Accounting Period: December - November
  • Tax Exemption Received: December 1, 1989

    • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2021 Dec Form 990 $394,092 $486,811 $303,495 $21,095 N $363,320 $30,772 $0 $108,333
    2020 Dec Form 990 $379,500 $482,052 $392,387 $17,268 N $363,703 $14,959 $838 $100,000 PDF
    2019 Dec Form 990 $559,706 $522,590 $499,049 $21,378 N $535,634 $19,280 $4,792 $96,792 PDF
    2018 Dec Form 990 $458,791 $418,471 $459,846 $19,292 N $432,020 $22,907 $3,864 $93,729 PDF
    2017 Dec Form 990 $500,531 $411,757 $424,931 $24,697 N $447,244 $52,716 $571 $77,915 PDF
    2016 Dec Form 990 $420,172 $389,653 $341,426 $29,839 N $387,479 $32,610 $83 $65,000 PDF
    2015 Dec Form 990 $519,501 $445,072 $324,499 $43,430 N $484,708 $34,741 $52 $64,167 PDF
    2014 Dec Form 990 $522,074 $534,018 $234,542 $27,705 N $496,368 $25,612 $94 $231,211 PDF
    2013 Dec Form 990 $443,610 $571,931 $249,980 $30,978 N $416,399 $26,966 $48 $155,953 PDF
    2012 Dec Form 990 $548,693 $674,720 $382,772 $34,372 N $522,029 $26,385 $152 $212,057 PDF
    2011 Dec Form 990 $660,504 $547,490 $514,782 $40,676 N $637,652 $22,706 $136 $147,535 PDF

    Additional Filings (PDFs)

    Future of Freedom Foundation (FFF)

    11350 RANDOM HILLS ROAD
    Fairfax, VA 22030-6044