Nonprofit · EIN 36-7244615
SEARLE FREEDOM TRUST
Tax-exempt · MADISON, WI 53701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $4,286,637 | $21,514,414 | -$17,227,777 | $22,377,003 | $595,309 | $21,781,694 |
| December 31, 2023 | 990-PF | -$220,157 | $23,569,902 | -$23,790,059 | $54,469,398 | $392,434 | $54,076,964 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,042,120
- Interest
- $462,082
- Net gain from sales of assets
- $2,693,595
- Other income
- $88,840
Expenses
- Grants and similar amounts paid
- $18,866,185
- Compensation of officers, directors and key employees
- $956,139
- Salaries, compensation and benefits (total)
- $686,880
- Disbursements for charitable purposes
- $21,401,314
- Excise tax on investment income
- $56,664
Balance sheet and other
- Total assets, start of year
- $54,469,398
- Total assets, end of year
- $22,377,003
- Total liabilities, end of year
- $595,309
- Net assets, end of year
- $21,781,694
- Fair market value of assets
- $19,795,050
- Qualifying distributions
- $21,401,314
- Net investment income
- $4,169,940
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KIMBERLY O DENNIS 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | EXECUTIVE DIRECTOR | 40 | $598,139 | $87,278 |
| KINSHIP TRUST COMPANY LLC 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | TRUSTEE | 10 | $325,000 | $0 |
| COURTNEY E MYERS 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | PROGRAM OFFICER Highest-paid employee | 40 | $288,900 | $61,004 |
| RICHARD J TREN 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | PROGRAM OFFICER Highest-paid employee | 40 | $288,900 | $52,922 |
| JENNIFER E MCDOUGAL 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | OFFICE MANAGER Highest-paid employee | 40 | $109,080 | $15,815 |
| STEVEN F HAYWARD 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | GRANT ADVISOR | 1 | $11,000 | $0 |
| STEPHEN MOORE 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | GRANT ADVISOR | 1 | $11,000 | $0 |
| JAMES PIERESON 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | GRANT ADVISOR | 1 | $11,000 | $0 |
| D GIDEON SEARLE 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | TRUSTEE | 1 | $0 | $0 |
| MICHAEL D SEARLE 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | FAMILY ADVISOR | 0 | $0 | $0 |
| ETHAN O MEERS 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | FAMILY ADVISOR | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KINSHIP TRUST COMPANY LLC 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | TRUSTEE | 10 | $650,000 | $0 |
| KIMBERLY O DENNIS 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | EXECUTIVE DIRECTOR | 40 | $569,657 | $88,322 |
| COURTNEY E MYERS 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | PROGRAM OFFICER Highest-paid employee | 40 | $270,000 | $55,707 |
| RICHARD J TREN 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | PROGRAM OFFICER Highest-paid employee | 40 | $270,000 | $48,266 |
| JENNIFER E MCDOUGAL 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | OFFICE MANAGER Highest-paid employee | 40 | $103,886 | $14,991 |
| STEVEN F HAYWARD 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | GRANT ADVISOR | 1 | $13,000 | $0 |
| STEPHEN MOORE 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | GRANT ADVISOR | 1 | $13,000 | $0 |
| JAMES PIERESON 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | GRANT ADVISOR | 1 | $13,000 | $0 |
| D GIDEON SEARLE 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | TRUSTEE | 1 | $0 | $0 |
| MICHAEL D SEARLE 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | FAMILY ADVISOR | 0 | $0 | $0 |
| ETHAN O MEERS 1055 THOMAS JEFFERSON ST NW SUITE L, 26, WASHINGTON, DC 20007 | FAMILY ADVISOR | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1707, MADISON, WI 53701-1707
- In care of
- % KINSHIP TR CO
- Signed the 990-PF
- RANA H SALTI, TRUSTEE
- Phone
- (608) 710-4200
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 36-7244615
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T122)
- Assets (IRS master file)
- $22,377,003
- Income (IRS master file)
- $19,360,489
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $4,286,637 | $21,514,414 | $22,377,003 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | -$220,157 | $23,569,902 | $54,469,398 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-7244615).
Questions about SEARLE FREEDOM TRUST
- What is the EIN of SEARLE FREEDOM TRUST?
- The employer identification number (EIN) of SEARLE FREEDOM TRUST is 36-7244615.
- Is SEARLE FREEDOM TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to SEARLE FREEDOM TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SEARLE FREEDOM TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SEARLE FREEDOM TRUST due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SEARLE FREEDOM TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of SEARLE FREEDOM TRUST?
- The 990-PF for the year ended December 31, 2024 lists 11 people; 8 received compensation from the organization, the highest $598,139 (KIMBERLY O DENNIS, EXECUTIVE DIRECTOR).
- How much revenue does SEARLE FREEDOM TRUST have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,286,637, expenses of $21,514,414 and total assets of $22,377,003 at year end.
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