2022-09-15T16:13:36-05:00 2022-04-30 FORVIS LLP 201 N Illinois Street Indianapolis IN 46204 990PF 2021-05-01 351320021 Liberty Fund Inc % SANDRA J SCHALLER LIBE 3178420880 11301 N Meridian Street Carmel IN 46032 SANDRA J SCHALLER VP & CONTROLLER 3178420880 2022-09-15 true SANDRA J SCHALLER XXX-XX-XXXX NICOLE B FISHBACK P01279475 3173834000 2022-09-15 2 2021 2023-04-26 12:10:37Z X 417518324 X 1631 X 68 68 68 8021184 8021184 8021184 400 400 400 32014181 73174157 32014181 1389580 387667 387667 40425131 40035433 9798899 1612654 37606 37606 1575048 3840362 3840362 1520680 1901 1901 1518779 132436 13244 13244 119192 46500 3255 4650 41850 4378484 161118 161118 4217366 564158 8462 8462 555695 1022882 15343 15343 750207 6473 6473 743734 2538724 8125 8125 2530599 639346 373273 266073 911126 10198 10198 900928 17957559 265725 640393 16309626 0 0 17957559 265725 640393 16309626 22467572 39769708 9158506 489258 333314 333314 460128 460196 460196 4379 178 178 188506998 211726544 276347457 129263647 128882870 118657922 125000 123231 26719800 5624374 22070399 21095426 21095426 249557 249557 500600 341044366 362873085 417518324 21720000 21125000 65219 21366 21785219 21146366 X 319259147 341726719 319259147 341726719 341044366 362873085 319259147 22467572 341726719 341726719 PUBLICLY TRADED SECURITIES-ST P 5429814 4040234 1389580 1389580 PUBLICLY TRADED SECURITIES-LT P 67744343 37119742 30624601 30624601 32014181 1389580 X 1989-02-16 N/A 0 0 0 0 0 false false false false false true true false true true IN TN true true false true false true www.libertyfund.org 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 50000 366 0 LUIS H BALL 11301 N Meridian Street Carmel IN 46032 DIRECTOR 3.0 50000 366 0 NATHAN FELTMAN 11301 N Meridian Street Carmel IN 46032 DIRECTOR, CHAIRMAN 10.0 86917 366 0 STEPHANIE L KAUFMAN 11301 N Meridian Street Carmel IN 46032 ASST SEC, EXEC ASST,Office MGR 40.0 102163 14323 0 MARY A O'GRADY 11301 N Meridian Street Carmel IN 46032 DIRECTOR 3.0 50000 366 0 EMILIO J PACHECO 11301 N Meridian Street Carmel IN 46032 DIRECTOR/SVP & PFG RES SCHOLAR 40.0 284600 56957 0 BEN A RAST 11301 N Meridian Street Carmel IN 46032 DIRECTOR 3.0 50000 366 1522 T ALAN RUSSELL 11301 N Meridian Street Carmel IN 46032 DIRECTOR EMERITUS(THRU 9/2021) 3.0 17000 0 0 SANDRA J SCHALLER 11301 N Meridian Street Carmel IN 46032 VP & CONTROLLER, SEC-TREASURER 40.0 229317 59465 0 SEAN R SHELBY 11301 N Meridian Street Carmel IN 46032 PRESIDENT & CEO 40.0 406400 71213 0 DANE STARBUCK 11301 N Meridian Street CARMEL IN 46032 DIRECTOR 3.0 77600 366 2981 DOUGLAS J DEN UYL 11301 N MERIDIAN ST CARMEL IN 46032 VP EMERITUS & ROGGE 40.0 197417 54648 0 JAMES F COTE 11301 N MERIDIAN ST CARMEL IN 46032 DIR OF INFO SYS 40.0 192000 53348 0 CAROL L HOMMEL 11301 N MERIDIAN ST CARMEL IN 46032 DIR OF CONFERENCES 40.0 154379 55425 0 HANS L EICHOLZ 11301 N MERIDIAN ST CARMEL IN 46032 SENIOR FELLOW 40.0 153200 54195 0 JENNIFER K THOMPSON 1130 CARMEL IN 46032 DIRECTOR OF CIVIL SQ 40.0 150122 49159 0 31 ICE MILLER LLP ONE AMERICAN SQUARE SUITE 2900 INDIANAPOLIS IN 46282 LEGAL SERVICES 131298 CHARTIS INTERACTIVE LLC 322 9TH STREET JERSEY CITY NJ 07302 CONSULTING 363000 SONDHI SOLUTIONS LLC 47 S PENNSYLVANIA ST SUITE 400 INDIANAPOLIS IN 46204 CONSULTING 191204 WALTER LEE DAVIS JR 7530 MOUNTAIN AVE MELROSE PARK PA 19027 CONSULTING 136980 SUSAN THOMLINSON 5827 SUSAN DRIVE EAST INDIANAPOLIS IN 46250 CONSULTING 63782 1 LIBERTY FUND COLLOQUIA AND SYMPOSIUMS - SEE ATTACHMENT 6000369 LIBERTY FUND WEBSITES - SEE ATTACHMENT 3575775 LIBERTY FUND PUBLISHING - SEE ATTACHMENT 1640455 CO-SPONSORED PROGRAMS - SEE ATTACHMENT 1233953 442419870 679773 500600 443600243 0 443600243 6654004 436946239 21847312 X 16309626 0 51185 0 0 16360811 0 2019 2018 2017 0 0 0 0 0 0 1989-02-16 X 9158506 7220527 11322809 14928661 42630503 7784730 6137448 9624388 12689362 36235928 16360811 13628258 15560715 18265821 63815605 6500 35000 1010000 1051500 16360811 13621758 15525715 17255821 62764105 417518324 469009412 364015112 378080911 1628623759 0 14564875 13205117 11526412 11395858 50692262 0 0 0 0 NONE NONE X 14 68 14 8021184 531120 400 18 32014181 PUBLICATION SALES 369773 PUBLISHING RIGHTS 3500 MISCELLANEOUS INCOME 01 18449 FIXED ASSET LOSS 26 -4055 400 40049827 373273 40423500 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. 11C INCOME CONTRIBUTES IMPORTANTLY TO THE CONTINUED PUBLICATION OF WRITINGS OF CLASSIC THINKERS ON A WORLDWIDE BASIS. false false false false false false false false false false AUDIT & TAX PREPARATION FEES 46500 3255 4650 41850 DANE STARBUCK $27,600 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, 2022 PART I, LINE 19 - DEPRECIATION PART II, LINE 14 - LAND, BUILDINGS, AND EQUIPMENT LAND: 3,844,298 LAND IMPROVEMENTS: 2,122,155 OFFICE FURNITURE: 2,943,862 EQUIPMENT AND OTHER: 157,808 BUILDING: 17,651,676 LESS: ACCUMULATED DEPRECIATION: (5,624,374) ----------- NET FIXED ASSETS: 21,095,426 DEPRECIATION EXPENSE: 1,022,882 DEPRECIATION CALCULATED USING THE STRAIGHT-LINE METHOD. PART VIII-A PART VIII-A LIBERTY FUND COLLOQUIA AND SYMPOSIUMS COLLOQUIM AND SYMPOSIUMS WERE DEVELOPED AND CONDUCTED IN THE UNITED STATES, 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. WWW.ADAMSMITHWORKS.ORG IS A WEBSITE FOCUSING ON THE WORKS OF ADAM SMITH. LIBERTY FUND PUBLISHING LIBERTY FUND PUBLISHED ONE NEW TITLE AND CONDUCTED EDITORIAL WORK ON OTHER UPCOMING PUBLICATIONS. TWENTY-TWO 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. CO-SPONSORED PROGRAMS LIBERTY FUND ADMINISTERED CO-SPONSORED PROGRAMS WITH TWELVE 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. MUTUAL FUNDS - BONDS 128882870 118657922 MUTUAL FUNDS - INTERNATIONAL 87922921 106248072 MUTUAL FUNDS - DOMESTIC 123803623 170099385 INVESTMENTS-ALTERNATIVES 125000 123231 LEGAL CONSULTING FEES 132436 13244 13244 119192 ART COLLECTION 249557 249557 500600 INSURANCE 143108 179 179 142929 ADMINISTRATIVE EXPENSES 622868 622868 EQUIPMENT LEASING 14029 210 210 13818 EDUCATIONAL MATERIALS 97667 9767 9767 87901 MISCELLANEOUS EXPENSES 33454 42 42 33412 PUBLICATION SALES 369773 369773 PUBLISHING RIGHTS 3500 3500 MISCELLANEOUS INCOME 18449 18449 FIXED ASSET LOSS -4055 -4055 INVESTMENT MANAGEMENT FEES 160508 160508 160508 CONFERENCE & PROGRAM FEES 1336360 1336360 WEBSITE DEVELOPMENT FEES 2153510 2153510 OTHER PROFESSIONAL FEES 728106 610 610 727496 PIERRE F AND ENID GOODRICH FOUNDATION 11301 NORTH MERIDIAN STREET CARMEL IN 46032 356056960 RELATED ENTITY REIMBURSEMENT OF OPERATING EXPENSES TO FOUNDATION 130959 130959