2020-09-14T15:31:33-05:00 2020-04-30 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990PF 2019-05-01 351320021 Liberty Fund Inc % SANDRA J SCHALLER LIBE 3178420880 11301 N Meridian Street Carmel IN 46032 SANDRA J SCHALLER VP & CONTROLLER 3178420880 2020-09-15 true NICOLE B FISHBACK P01279475 3173834000 2020-09-15 167.68.126.162 43033020202585000144 2020-09-14 P 46BF5373D547207CF7D9FE28F922B5253A4A19B9 B77B5E581F806D9CFF6850E50A3C51F547167C74 2019 2021-04-22 16:20:28Z X 364015112 X 1561790 4003 4003 4003 10546037 10546037 10546037 3268190 85243685 3268190 986290 2225 276538 274313 15656558 13818230 11812868 1569085 35467 35467 1533618 3563574 3563574 1766733 2208 2208 1764524 111980 11198 11198 100782 46790 3275 4679 42111 2837132 117333 117333 2719799 595792 8937 8937 586855 1023011 15345 15345 788461 6590 6590 781871 3431665 5744 5744 3425921 849455 273759 575696 379553 8799 8799 370754 16963231 214896 490059 15465505 35000 35000 16998231 214896 490059 15500505 -1341673 13603334 11322809 115207 563841 563841 376526 4595900 4595900 39981 31051 31051 205883187 218065537 246724435 100071423 83171322 88669863 26384750 3606043 23756292 22778707 22778707 233857 249557 651315 330476473 329455915 364015112 22865000 23184200 20578 22493 22885578 23206693 X 307294289 306249222 296606 307590895 306249222 330476473 329455915 307590895 -1341673 306249222 306249222 PUBLICLY TRADED SECURITIES-ST 33943808 32957518 986290 986290 PUBLICLY TRADED SECURITIES-LT 51300090 49018190 2281900 2281900 3268190 986290 X 1989-02-16 N/A 0 0 0 0 false false false false false false false true true IN true true false false false true SANDRA J SCHALLER 3178420880 11301 NORTH MERIDIAN STREET CARMEL IN 46032 false false false false true false false false false false false false false false false false false false false false false false TERRY W ANKER 11301 N Meridian Street Carmel IN 46032 DIRECTOR 3.0 42000 410 0 LUIS H BALL 11301 N Meridian Street Carmel IN 46032 DIRECTOR 3.0 42000 410 0 DOUGLAS J DEN UYL 11301 N Meridian Street Carmel IN 46032 VP OF EDUCATIONAL PROGRAMS 40.0 292500 65119 0 RICHARD W DUESENBERG 11301 N Meridian Street Carmel IN 46032 DIRECTOR EMERITUS 3.0 36000 0 0 NATHAN FELTMAN 11301 N Meridian Street Carmel IN 46032 DIRECTOR, CHAIRMAN 10.0 56004 410 0 MARY A O'GRADY 11301 N Meridian Street Carmel IN 46032 DIRECTOR 3.0 42000 410 0 EMILIO J PACHECO 11301 N Meridian Street Carmel IN 46032 DIRECTOR, PRESIDENT, & CEO 40.0 371667 60785 0 BEN A RAST 11301 N Meridian Street Carmel IN 46032 DIRECTOR 3.0 42000 410 0 T ALAN RUSSELL 11301 N Meridian Street Carmel IN 46032 DIRECTOR EMERITUS 3.0 36000 0 3250 SANDRA J SCHALLER 11301 N Meridian Street Carmel IN 46032 VP & CONTROLLER, SEC-TREASURER 40.0 224059 56941 0 STEPHANIE L KAUFMAN 11301 N Meridian Street Carmel IN 46032 ASST SECRETARY/ASST TO PRES. 40.0 99525 13922 0 DANE STARBUCK 11301 N Meridian Street Carmel IN 46032 DIRECTOR 3.0 82500 410 353 JAMES F COTE 11301 N MERIDIAN ST CARMEL IN 46032 DIR OF INFO SYSTEMS 40.0 188000 50752 0 HANS L EICHOLZ 11301 N MERIDIAN ST CARMEL IN 46032 SR FELLOW 40.0 153888 51051 0 STEVEN D EALY 11301 N MERIDIAN ST CARMEL IN 46032 SR FELLOW 40.0 152200 36918 0 GEORGE P LYNCH 11301 N MERIDIAN ST CARMEL IN 46032 SR FELLOW 40.0 142000 51082 0 PETER C MENTZEL 11301 N MERIDIAN ST CARMEL IN 46032 SR FELLOW 40.0 142000 42563 0 31 WARE-PAK LLC 2427 BOND ST UNIVERSITY PARK IL 60466 FULFILLMENT SERVICES 105495 WALTER LEE DAVIS STUDIOS 7530 MOUNTAIN AVE MELROSE PARK PA 19027 CONSULTING 91590 TMAP LLC 215 E 38TH STREET INDIANAPOLIS IN 46205 CONSULTING 125000 RUSSELL ROBERTS 12210 DEVILWOOD DRIVE POTOMAC MD 20854 CONSULTING 116400 FAEGRE DRINKER BIDDLE & REATH LLP 90 SOUTH 7TH STREET MINNEAPOLIS MN 55402 LEGAL SERVICES 110179 4 LIBERTY FUND COLLOQUIA AND SYMPOSIUMS - SEE ATTACHMENT 6555396 LIBERTY FUND WEBSITES - SEE ATTACHMENT 2377753 LIBERTY FUND PUBLISHING - SEE ATTACHMENT 1936837 CO-SPONSORED PROGRAMS - SEE ATTACHMENT 1493710 349584529 822394 651315 351058238 0 351058238 5265874 345792364 17289618 X 15500505 0 60210 0 0 15560715 15560715 1989-02-16 X 11322809 14928661 11250357 15929860 53431687 9624388 12689362 9562803 13540381 45416934 15560715 18265821 18631551 33815039 86273126 35000 1010000 30000 1010000 2085000 15525715 17255821 18601551 32805039 84188126 364015112 378080911 376362796 361025645 1479484464 0 11526412 11395858 11561022 10619907 45103199 0 0 0 0 NONE NONE X PUBLIC CHOICE SOCIETY 224C FORSYTH COLLEGE OF BUSINESS CULLOWHEE NC 28723 NONE PC SPONSOR CONFERENCE SESSION 10000 UC REGENTS 900 UNIVERSITY AVE EAST RIVERSIDE CA 92521 NONE PC DEMSETZ CONFERENCE 25000 35000 14 4003 14 10546037 18 3268190 BOOK AND FILM SALES 273759 OTHER INCOME 01 554 GRANT RETURNED 01 2225 13821009 273759 14094768 11B INCOME CONTRIBUTES IMPORTANTLY TO THE CONTINUED PUBLICATION OF WRITINGS OF CLASSIC THINKERS AS WELL AS CURRENT WRITINGS DEEMED UNPROFITABLE BY COMMERCIAL PUBLISHERS AND TO PROMOTE THE STUDY OF LIBERTY AND PERSONAL RESPONSIBILITY. false false false false false false false false false false X X 1 JOHN TEMPLETON FOUNDATION 300 CONSHOHOCKEN STATE ROAD STE 5 WEST CONSHOHOCKEN PA 19428 929331 X 2 Pierre F and Enid Goodrich Foundati 11301 N Meridian Street Carmel IN 46032 630000 X AUDIT & TAX PREPARATION FEES 46790 3275 4679 42111 DANE STARBUCK $40,500 OF COMPENSATION ABOVE IS FOR WORK ON A BOOK TO DOCUMENT THE HISTORY OF LIBERTY FUND AND IS SEPARATE FROM HIS COMPENSATION AS A DIRECTOR. DEPRECIATION DISCLOSURE DEPRECIATION DISCLOSURE PART I, LINE 19 AND PART II, LINE 14: LIBERTY FUND, INC. E.I. #35-1320021 A STATEMENT ATTACHED TO AND MADE PART OF U.S. PRIVATE FOUNDATION INCOME TAX RETURN FOR THE YEAR ENDED APRIL 30, 2020 PART I, LINE 19 - DEPRECIATION PART II, LINE 14 - LAND, BUILDINGS, AND EQUIPMENT LAND: 3,844,298 LAND IMPROVEMENTS: 2,115,099 OFFICE FURNITURE: 2,889,722 EQUIPMENT AND OTHER: 128,809 BUILDING: 17,406,822 LESS: ACCUMULATED DEPRECIATION: (3,606,043) ----------- NET FIXED ASSETS: 22,778,707 DEPRECIATION EXPENSE: 1,023,011 DEPRECIATION CALCULATED USING THE STRAIGHT-LINE METHOD. PART IX-A PART IX-A LIBERTY FUND COLLOQUIA AND SYMPOSIUMS 65 COLLOQUIM AND SYMPOSIUMS WERE DEVELOPED AND CONDUCTED IN THE UNITED STATES, CANADA, LATIN AMERICA, AND EUROPE. COLLOQUIUM AND SYMPOSIUMS ARE TO FOSTER THOUGHT AND ENCOURAGE DISCOURSE ON ENDURING ISSUES PERTAINING TO LIBERTY. LIBERTY FUND WEBSITES THE LIBRARY OF THE CLASSICS OF LIBERTY - HTTP://OLL.LIBERTYFUND.ORG - IS A WEBSITE DEDICATED TO MAKING THE CLASSIC TEXTS WHICH CONTRIBUTED TO OUR MODERN UNDERSTANDING OF THE NATURE OF LIMITED GOVERNMENT, INDIVIDUAL LIBERTY, AND THE FREE MARKET MORE ACCESSIBLE TO SCHOLARS, STUDENTS AND OTHER INTERESTED INDIVIDUALS. THE LIBRARY OF ECONOMICS AND LIBERTY - WWW.ECONLIB.ORG - IS A WEBSITE DEDICATED TO ADVANCING THE STUDY OF ECONOMICS, MARKETS, AND LIBERTY. THE LIBRARY OF LAW AND LIBERTY - WWW.LAWLIBERTY.ORG - IS A WEBSITE DEDICATED TO THE CONTENT, STATUS, AND DEVELOPMENT OF LAW IN THE CONTEXT OF REPUBLICAN AND LIMITED GOVERNMENT AND THE WAYS THAT LIBERTY AND LAW MUTUALLY REINFORCE THE OTHER. ADAMSMITHWORKS.ORG IS A WEBSITE FOCUSING ON THE WORKS OF ADAM SMITH. THE ADAMSMITHWORKS WEBSITE IS MADE POSSIBLE THROUGH THE SUPPORT OF A GRANT FROM THE JOHN TEMPLETON FOUNDATION. THE OPINIONS EXPRESSED ON THIS WEBSITE ARE THOSE OF THE AUTHOR(S) AND DO NOT NECESSARILY REFLECT THE VIEWS OF THE JOHN TEMPLETON FOUNDATION. CO-SPONSORED PROGRAMS LIBERTY FUND ADMINISTERED CO-SPONSORED PROGRAMS WITH ELEVEN OTHER NON-PROFIT ORGANIZATIONS WITH SIMILAR EDUCATIONAL AND PUBLIC PURPOSES. LIBERTY FUND AND THE CO-SPONSORS HAVE JOINT OR SHARED RESPONSIBILITIES OVER PLANNING, DEVELOPING, COORDINATING, CONDUCTING, AND EVALUATING THE CONFERENCE PROGRAMS HELD. AS WITH THE LIBERTY FUND COLLOQUIA AND SYMPOSIUMS, THE CO-SPONSORED PROGRAMS ARE TO FOSTER THOUGHT AND ENCOURAGE DISCOURSE ON ENDURING ISSUES PERTAINING TO LIBERTY. LIBERTY FUND PUBLISHING LIBERTY FUND PUBLISHED FOUR NEW TITLES AND CONDUCTED EDITORIAL WORK ON OTHER UPCOMING PUBLICATIONS. THIRTY-SEVEN REPRINTS OF OUR PREVIOUSLY PUBLISHED WORKS WERE REPRODUCED. TITLES SELECTED FOR PUBLISHING ARE THOSE THAT WILL PRESERVE THE WISDOM AND LEARNING OF THE AGES, AND STRENGTHEN, IN PARTICULAR, THE UNDERSTANDING AND APPRECIATION OF INDIVIDUAL LIBERTY AND RESPONSIBILITY. TITLES INCLUDE CLASSICS IN THE FIELDS OF HISTORY, POLITICS, PHILOSOPHY, LAW, EDUCATION, AND ECONOMICS. MUTUAL FUNDS - BONDS 83171322 88669863 MUTUAL FUNDS - INTERNATIONAL 92212335 95043246 MUTUAL FUNDS - DOMESTIC 125853202 151681189 LEGAL CONSULTING FEES 111980 11198 11198 100782 ART COLLECTION 233857 249557 651315 INSURANCE 140490 176 176 140314 ADMINISTRATIVE EXPENSES 122558 122558 EQUIPMENT LEASING 14732 221 221 14511 EDUCATIONAL MATERIALS 83802 8380 8380 75422 MISCELLANEOUS EXPENSES 17971 22 22 17949 BOOK AND FILM SALES 273759 273759 OTHER INCOME 554 554 GRANT RETURNED 2225 INVESTMENT MANAGEMENT FEES 116893 116893 116893 CONFERENCE & PROGRAM FEES 1408129 1408129 WEBSITE DEVELOPMENT FEES 960334 960334 OTHER PROFESSIONAL FEES 351776 440 440 351336