2026-09-14T17:34:56+00:00 2026-04-30 440160260 FORVIS MAZARS LLP 820 MASSACHUSETTS AVE SUITE 1370 INDIANAPOLIS IN 46204 990PF 2025-05-01 351320021 LIBERTY FUND INC LIBE 3178420880 11301 N MERIDIAN ST CARMEL IN 46032 JULIE SHEWMAKER CONTROLLER 3178420880 2026-09-14 true NICOLE FISHBACK P01279475 3173834000 2026-09-15 2025 X 565119899 X 387455 8972 8972 8972 12095037 12095037 12095037 16538372 21031647 16538372 764353 0 0 0 713362 0 641938 29743198 28642381 13510300 3139837 50607 50607 3089230 3873352 3873352 1825240 2282 2282 1822959 32666 3267 3267 29399 69380 4857 6938 62442 3637058 487338 487338 3149720 501459 7522 7522 493937 0 0 0 0 687350 10310 10310 1062609 7864 7864 1054745 3839729 14253 14253 3825475 537758 338554 199203 1051629 13663 13663 1037966 20258067 601963 942598 18638428 0 0 20258067 601963 942598 18638428 9485131 28040418 12567702 337982 369909 369909 13388732 16331291 16331291 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8413 1818 1818 0 0 0 202394136 199918896 366980672 145652601 148488242 135184140 0 0 0 0 16192170 22384626 28171920 26716975 9062281 18346198 17654694 17654694 237057 237057 425455 396557289 405386533 565119899 0 0 19250000 18590000 17041 21154 19267041 18611154 X 377290248 386775379 377290248 386775379 396557289 405386533 377290248 9485131 0 386775379 0 386775379 SHORT TERM INVESTMENTS P 2025-05-01 2026-04-30 764353 0 764353 0 764353 LONG TERM INVESTMENTS P 2024-05-01 2026-04-30 20267294 4493275 15774019 0 15774019 16538372 764353 X 1989-02-16 N/A 0 0 0 0 0 0 0 0 false false false false false false false true true IN MN OH TN TX VA true true true false false true WWW.LIBERTYFUND.ORG JULIE SHEWMAKER 3178420880 11301 N MERIDIAN ST CARMEL IN 460324564 false CJ false false false true false false false false false false false false false false false false false false false false false EMILIO J PACHECO 11301 N MERIDIAN ST CARMEL IN 46032 DIRECTOR; SVP & PIERRE F GOODRICH RESIDENT SCHOLAR 40.00 354000 80470 0 SEAN R SHELBY 11301 N MERIDIAN ST CARMEL IN 46032 DIRECTOR, PRESIDENT & CEO 40.00 654929 72049 0 STEPHANIE L KAUFMAN 11301 N MERIDIAN ST CARMEL IN 46032 ASST SECY, SPECIAL PROJECTS AND OFFICE MGR 40.00 110780 15050 0 BEN A RAST 11301 N MERIDIAN ST CARMEL IN 46032 DIRECTOR 3.00 51000 268 1250 DANE STARBUCK 11301 N MERIDIAN ST CARMEL IN 46032 DIRECTOR 3.00 51000 268 868 G MARCUS COLE 11301 N MERIDIAN ST CARMEL IN 46032 DIRECTOR 3.00 51000 268 0 LUIS H BALL 11301 N MERIDIAN ST CARMEL IN 46032 DIRECTOR 3.00 51000 268 7071 MARY A O'GRADY 11301 N MERIDIAN ST CARMEL IN 46032 DIRECTOR 3.00 51000 268 0 MITCHELL E DANIELS JR 11301 N MERIDIAN ST CARMEL IN 46032 DIRECTOR AND CONSULTANT 13.50 181992 268 0 NATHAN J FELTMAN 11301 N MERIDIAN ST CARMEL IN 46032 DIRECTOR, CHAIRMAN 10.00 90000 268 0 TERRY W ANKER 11301 N MERIDIAN ST CARMEL IN 46032 DIRECTOR 3.00 51000 268 12505 BRIAN J PAWLOWSKI 11301 N MERIDIAN ST CARMEL IN 46032 VP & COO 40.00 259827 73412 0 GEORGE K STUART 11301 N MERIDIAN ST CARMEL IN 46032 VP & CTO 40.00 337000 92686 0 JULIE K SHEWMAKER 11301 N MERIDIAN ST CARMEL IN 46032 CONTROLLER 40.00 224252 73850 0 SANDRA J SCHALLER 11301 N MERIDIAN ST CARMEL IN 46032 SECRETARY-TREASURER 21.00 136581 53119 0 DOUGLAS J DEN UYL 11301 N MERIDIAN ST CARMEL IN 46032 VP EMERITUS&SCHOLAR 40.00 169000 48438 0 HANS L EICHOLZ 11301 N MERIDIAN ST CARMEL IN 46032 SENIOR FELLOW 40.00 174200 60088 0 JEFFREY A CILLEY 11301 N MERIDIAN ST CARMEL IN 46032 SENIOR ENGINEER 40.00 217500 60274 0 GEORGE P LYNCH 11301 N MERIDIAN ST CARMEL IN 46032 SENIOR FELLOW 40.00 173033 65116 0 CAROL L HOMMEL 11301 N MERIDIAN ST CARMEL IN 46032 DIR. OF CONFERENCES 40.00 180033 61270 0 30 CHARTIS INTERACTIVE LLC 322 9TH STREET JERSEY CITY NJ 073021506 CONSULTING 1041476 SONDHI SOLUTIONS LLC 47 S PENNSYLVANIA STREET SUITE 400 INDIANAPOLIS IN 46204 CONSULTING 209305 INTERNOVA HOLDINGS LLC DBA ALTOUR DELAWARE LLC 1270 AVENUE OF THE AMERICAS NEW YORK NY 10020 CONSULTING 128973 RUSSELL ROBERTS 11301 N MERIDIAN ST CARMEL IN 46032 CONSULTING/PODCAST PRODUCTION 103000 COPERNICAN MEDIA LLC 7408 N WHITE BIRCH DRIVE EAGLE MOUNTAIN UT 84005 CONSULTING AND FILM PRODUCTION 72075 2 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. 8099330 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. ALL OF THESE SITES ARE PART OF THE LIBERTY FUND NETWORK, AND CAN BE ACCESSED UNDER THE ORGANIZATION'S HOMEPAGE, WWW.LIBERTYFUND.ORG. 3618228 OTHER EDUCATIONAL PROGRAMS INCLUDES PROGRAMS SUCH AS THE FOLLOWING: THE GEORGE F. WILL AWARD FOR THE ADVANCEMENT OF LIBERTY AND THE FREE SOCIETY RECOGNIZES INDIVIDUALS WHO, LIKE GEORGE F. WILL, HAVE MADE SIGNIFICANT CONTRIBUTIONS TO OUR UNDERSTANDING OF THE FREE SOCIETY, INDIVIDUAL LIBERTY, AND THE HUMAN CONDITION. THE FUTURE OF LIBERTY PODCASTS FEATURE CONVERSATIONS WITH PROMINENT THINKERS AND LEADERS ACROSS DIVERSE FIELDS. A CALL TO LIBERTY IS A MONTHLY ONLINE SERIES FEATURING EIGHTEENTH-CENTURY BOOKS AND PAMPHLETS, LEADING UP TO THE 250TH ANNIVERSARY OF THE DECLARATION OF INDEPENDENCE WHICH WILL BE CELEBRATED IN JULY 2026. EXPENDITURES HAVE BEEN INCURRED IN PREPARATION OF HOSTING THE MONT PELERIN SOCIETY GENERAL MEETING IN OCTOBER 2026. 2323889 LIBERTY FUND PUBLISHING: LIBERTY FUND PUBLISHED TWO NEW TITLES AND CONDUCTED EDITORIAL WORK ON OTHER UPCOMING PUBLICATIONS. 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, POLITICAL THOUGHT, PHILOSOPHY, LAW, EDUCATION, AND ECONOMICS. 1962545 NONE 0 NONE 0 0 0 492164729 792753 24837934 517795416 0 517795416 7766931 510028485 25501424 X 18638428 0 54648 0 18693076 1989-02-16 X 12567702 11027361 9351698 8027772 40974533 10682547 9373257 7948943 6823606 34828353 18693076 16713692 18061211 17024010 70491989 41500 42500 84000 18693076 16713692 18019711 16981510 70407989 17000949 14732751 13004065 12357462 57095227 NONE NONE X 0 0 14 8972 14 12095037 18 16538372 PUBLICATION SALES 337554 MISCELLANEOUS INCOME 1 20884 FIXED ASSET GAIN 1 71424 RIGHTS AND PERMISSIONS 1000 SPONSORSHIPS 90000 REGISTRATIONS 192500 0 28734689 621054 29355743 FORM 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. FORM RIGHTS AND PERMISSIONS- TRANSLATION AND OTHER LICENSING INCOME THAT CONTRIBUTES TO THE CONTINUED TRANSLATION AND DISSEMINATION OF WRITINGS OF CLASSIC THINKERS TO INTERNATIONAL AUDIENCES TO PROMOTE THE STUDY OF LIBERTY AND PERSONAL RESPONSIBILITY. FORM SPONSORSHIPS - REGISTRATION AND SPONSORSHIP INCOME FOR LIBERTY FUND HOSTING MONT PELERIN SOCIETY 2026, AN EDUCATIONAL CONFERENCE OF WHICH THE INCOME CONTRIBUTES TO THE COSTS OF CONVENING SCHOLARS, POLICYMAKERS AND PRACTITIONERS TO PROMOTE THE STUDY AND ADVANCEMENT OF LIBERTY AND PERSONAL RESPONSIBILITY. FORM REGISTRATIONS- REGISTRATION AND SPONSORSHIP INCOME FOR LIBERTY FUND HOSTING MONT PELERIN SOCIETY 2026, AN EDUCATIONAL CONFERENCE OF WHICH THE INCOME CONTRIBUTES TO THE COSTS OF CONVENING SCHOLARS, POLICYMAKERS AND PRACTITIONERS TO PROMOTE THE STUDY AND ADVANCEMENT OF LIBERTY AND PERSONAL RESPONSIBILITY. false false false false false false false true false 1b(6) 1050 INSTITUTE OF FINANCE AND MANAGEMENT PROFESSIONAL ORGANIZATION FOR AP AND AR STAFF TO IMPROVE PERFORMANCE LEVELS 1b(6) 9650 YOUNG PROFESSIONALS ORGANIZATION LEADERSHIP COMMUNITY OF EXECUTIVES PROMOTING LEADERSHIP, IMPROVING LIVES AND BUSINESSES false X X 1 ENID GOODRICH TRUST FBO RUTH CONNOLLY JP MORGAN CHASE BANK 270 PARK AVENU E NEW YORK NY 10017 385762 X AUDIT & TAX PREPARATION FEES 69380 4857 6938 62442 NONE 0 LAND 3784822 0 NONE 0.0 0 0 0 LAND IMPROVEMENTS 2122155 742797 STRAIGHT-LINE METHOD 15.0 92011 1380 1380 BUILDING 17655184 5095277 STRAIGHT-LINE METHOD 39.0 504080 7561 7561 FURNITURE & FIXTURES 2952302 2381227 STRAIGHT-LINE METHOD 8.0 85643 1285 1285 TECHNOLOGY 202512 155629 STRAIGHT-LINE METHOD 3.0 5616 84 84 MUTUAL FUNDS - BONDS 148488242 135184140 MUTUAL FUNDS - INTERNATIONAL 93742418 147804413 MUTUAL FUNDS - DOMESTIC 106176478 219176259 INVESTMENTS - ALTERNATIVES FMV 22384626 28171920 FIXED ASSETS 26716975 9062281 17654694 17654694 LEGAL CONSULTING FEES 32666 3267 3267 29399 19250000 BMO HARRIS BANK NA NONE 24000000 18590000 2017-01 2047-01 INTEREST PAID SEMI-ANNUALLY, PRINCIPAL PAID ANNUALLY. 2.57 NONE FINANCING PURCHASE OF LAND, BUILDING, AND EQUIPMENT ART COLLECTION 237057 237057 425455 INSURANCE 140001 175 175 139826 ADMINISTRATIVE EXPENSES 523988 0 0 523988 EQUIPMENT LEASING 14353 215 215 14138 EDUCATIONAL MATERIALS 129681 12968 12968 116713 MISCELLANEOUS EXPENSES 243606 305 305 243301 PUBLICATION SALES 337554 337554 MISCELLANEOUS INCOME 20884 20884 FIXED ASSET GAIN 71424 0 RIGHTS AND PERMISSIONS 1000 1000 SPONSORSHIPS 90000 90000 REGISTRATIONS 192500 192500 OTHER LIABILITIES 17041 21154 OTHER PROFESSIONAL FEES 1530987 1914 1914 1529073 CONFERENCE & PROGRAM FEES 1620647 1620647 INVESTMENT MANAGEMENT FEES 373186 373186 373186 INVESTMENT PRIVATE EQUITY EXPENSE 112238 112238 112238 ENID GOODRICH TRUST FBO RUTH CONNOLLY JP MORGAN CHASE BANK 270 PARK ANENU E NEW YORK NY 10017 PIERRE F AND ENID GOODRICH FOUNDATION 11301 N MERIDIAN ST CARMEL IN 46032 356056960 RELATED ENTITY REIMBURSEMENT OF OPERATING EXPENSES TO FOUNDATION 0