OMB No 15450047 Return of Organization Exempt From Income Tax Form Department at the Treasury lntemal Revenue Smdce Under section 501(c), 527, or 4947(a)(1) of the internal Revenue Code (except black lung benet trust or private foundation) D The organization may have to use a copy of this return to satisfy state repating requirements A For the 2012 calendar year. or tax year beginning B :.:*3'_i_~u r-:I.I: '3 "" "''"' i J 06/30, 20 13 c Nam, 01 wgmzagm THE LIBRE INITIATIVE TRUST Doing Business As Roomlsulte Number and street (or P 0 box iimail is not delivered to street address) 310 13 20 NORTH COURTHOUSE ROAD City. town or post office. state, aid ZIP code ARLINGTON, VA 22201 F Name and address dpmcipalomeei-: LIZETTE HERRAIZ 1320 NORTH COURTHOUSE ROAD, SUITE #310 ARLINGTON, VA 22201 Tor-exempt status I I501(c)(3) I XI501(c)( 4 I 4 Website: 5 WWW.THEI.iIBREINITIATIVE .COM (insen no) I I 4947(a)(1)or I I527 0 Employer Identication number 45 -2686411 E Telephonenurnber (703 ) 678-4577 G Grvssreceiptss 11,970,938. Hill 'a'""';;?B' - P M! it! Yes H(b) Are all a1H I: nd.ldId7 Yes II No. attach aiist (seelnsuuctions) x No No H(c) Group eni-nptim nui-nber p I L Year offormatlon. 2011I M Stateoilegaldomlclla DE Form ctotganketlon I ICOipOlBhOnI X I TrustI IA$80C a!iU'I I IOther P Summary 1 Briefly describe the organizatlons mission or most significant activities _________________________________________ __ K 1.:i'i?.iii2i 3IV E I IIDZ 07/01 , 2012. and ending Open lo Public IIISIIOCIIOII 3 13_ *P9T:-9 _______________________________________________________________________ __ E 2 ................................................... -.{\L.;;\. ........................... _- as g 3 2 4 Number of voting members of the governing body (Part VI. line 1a) _ _ _ _ Check this box > CI if the organization discontinued its operations or di Number of independent voting members of the govemlng body (Part Vi, I E ix 5 6 7a b Total number of Individuals employed in calendar year 2012 (Part V, II Total number of volunteers (estimate it necessary) _ _ _ _ _ _ _ Total unrelated business revenue from Part VIII, column (0), line 12 _ Net unrelated businesstixgple income from Form 99M,iineaI1\. . . . . g 8 5 9 lg 10 11 12 13 14 _ _ _ _ 4_ _ _ _ _ _ _ _ _' _ , _ , _ . . . . . . . . Prior Year Contributionsandgrants(PartVlIl,Iine1h)_ _ , _ _ _ _ _ _ _ _ PV9 '3m5eMGefeV0nUe(FaI1V . In829)....................;A... Investment income (Part VIII, column (A), lines 3, 4, and 7d)_ _ _ _ , , _ , .\_\./. . . . . Other revenue (Part VIII. column (A), lines 5, 6d. 8c, 9c, 10c, and 11e)_ _ _ _ _ _ _ _ _ _ _ _ Total revenue - add lines 3 through 11 (must equal Part viii, column (A), line 12) . . . . . . . Grants and similar amounts paid (Part IX, column (A), lines 1-3) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Benefits paid to or for members (Part IX, column (A), line 4) _ _ _ _ _ , _ _ _ _ _ _ _ _ _ _ _ 3 15 Salaries, other compensation, employee benets (Part IX. column (A), lines 5-10) _ _ _ _ _ _ _ 3 16a Professional fundraising fees (Part IX, column (A). ine11e) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ b Total Iundraising expenses (Part IX. column (D). line 25) > _____________ _9_____ ' 17 Otherexpenses (Partlx, column (A), lines11a-11d, 11I24e) _ _ _ _ _ _ _ _ _ _ _ , , , , _ 18 Total expenses Add lines 13-17 (mustequal Part Ix, column (A), line 25) _ _ _ _ _ _ , _ _ _ 19 Revenue less expenses SubtractIine18iromline12 . . . . . . . . . . . . . . . . . . . . '6 3 gg 20 ds _ _ _ _ _ _ 3 Wits net assets _ _ _ _ _ 4 _ . _ . 1 0 5 6 7a 7b 1B . 200 . 0 0 Current Year 2.145.150. 0 1 I 040 0 2 . 146 7 19010 I 500 0 4,970,000. 0 933 0 4 . 970 , 938 . 12 I 5 00 0 54 9 . 174 . 1 . 660 , 4 03 . 0 0 " I " 3. I - ' 1 U I L ff? 535.302. 2.252.130. 1, 094. 976 3, 925. 033 . 1,051,214. 1,045,905. Beginning 01 Current Year End 01 Year T013?-S$e13(PaTfX. n915).. . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . 11096-853 21245-923- g 21 22 Tota liabilit es(PaitX.iine26)_______________________________ 45,637. 149,809. Net assets or fund balances Subtractline21 from Iine20 . . . . . . . . . . . . . . . . . . 1.051.2142,097,1191 Signature Block Under penalties of perjury. I declare that I have examined this return, including accompmylng schedules and statements. aid to the best of my knowledge and beliei. it is true. correct. and complete. Declaration of preparer (other than officer) is based on all information of which preparer me any knowiedqe Sign " , snatu oi oicer r//4/:4 Date ' Lustre. msn.AA:2.,7Ru.sre-Type or print nwne and title ' PrIntlType preparefsname - a a ~ * ~ - - - - - 7 Date ch PTIN IIIAY I i 2011 :*"' Preparer MICHAEL J. ENGLE 59 '3'Pi0Y P00482834 Useonly Flrmename P BKD. LLP FIrmeEIN P 44'3-50250 Flrm'seddreee D 1201 immirr, sun: 1700 KANSAS CITY, no 64106-22-I6 Phoneno 816 221-6300 May the IRS discuss this return with thepreparer shown above? (see instructions) _ _ _ _ _ _ _ , , _ _ _ _ _ _ _ I _ _ _ _ _ _ _ _ Ii] y I IN, 0-:IIli\lNo0 Mill I710? 91 Prep s lgnature 113$ I For Paperwork Reduction Act Notice, see the separate instructions. 2Ei010 1 coo JSA 2638EM K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 Farm 990 (2012) I Y 3 C1 7" 1 THE EIBRE INITIATIVE TRUST 45-2686411 Fonn 990 (2012) 1 Page 2 Statement of Program Service Accomplishments Check if Schedule 0 contains a response to any question in this Part III . . . . . . . . . . . . . . . . . . . . . . . . Briey describe the organization's mission: OUR MISSION IS TO ADVANCE PRINCIPLES AND VALUES OF ECONOMIC FREEDOM (I.E., LIMITED GOVERNMENT, RULE OF LAW, FREE ENTERPRISE AND PERSONAL RESPONSIBILITY) THAT EMPOWER THE U.S. HISPANIC COMMUNITY TO THRIVE AND CONTRIBUTE TO A MORE PROSPEROUS AMERICA. 2 Did the organization undertake any significant program services during the year which were not listed on the pnorrormseo or 990-52? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . : Yes If "Yes," describe these new services on Schedule 0. No 3 Did the organization cease conducting, or make significant changes in how it conducts, any program serwces? . . . . . . . . . . . . . . . . . . . . . . . _ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D ves No If "Yes," describe these changes on Schedule 0. 4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue. if any, for each program service reported 4a (Code: )(Expenses$ 3 426 553 including grants of$ 12 500. )(Revenue$ LIBRE COORDINATED AND EXECUTED PROGRAMMING EFFORTS TO INFORM THE U.S. o ) HISPANIC POPULATION ON ECONOMIC FREEDOM PRINCIPLES BY HOSTING FORUMS, PANELS, AND POLICY ROUNDTABLES. WE ALSO PARTICIPATED IN MEDIA INTERVIEWS, SPEAKING ENGAGEMENTS, AND ADDRESSED AUDIENCES AT THIRD-PARTY HOSTED EVENTS AND CONFERENCES ACROSS THE COUNTRY. ADDITIONALLY, WE COLLABORATED WITH LIKE-MINDED ORGANIZATIONS ON ISSUE DRIVEN CAMPAIGNS WE RAN NONPARTISAN SUCH AS THE FEDERAL BUDGET AND MARKET-BASED IMMIGRATION REFORM. LIBRE ALSO AWARDED TELEVISION, RADIO AND ONLINE ADS ENCOURAGING U.S. HISPANICS TO VOTE. EDUCATIONAL GRANTS TO STUDENTS FROM FLORIDA INTERNATIONAL UNIVERSITY AND NEVADA STATE COLLEGE. WE CONTINUED TO DEVELOP A NATIONAL NETWORK OF INFORMED U.S. HISPANIC/LATINO PRO-LIBERTY ACTIVISTS DEDICATED TO ADVOCATING FOR POLICIES THAT WILL ENHANCE ECONOMIC FREEDOM (I .E. , A LIMITED AND MORE FISCALLY RESPONSIBLE GOVERNMENT, RULE OF LAW, SEE SCHEDULE 0 FOR CONTINUATION . ENTERPRISE AND PERSONAL RESPONSIBILITY). 4b (Code' )(Expenses $ including grants of $ ) (Revenue $ 4c (Code: ) (Expenses $ including grants of $ 4d Other program services (Describe in Schedule 0.) (Expenses $ including grants of $ 4e Total program service expenses > JSA 2E1020 2 000 2638EM K922 5/13/2014 ) (Revenue $ FREE ) ) (Revenue $ ) 3, 426, 558 . Fon'n 990 (2012) 10:11:52 PM V 12-7.12 120-O0969400077672 I THE IIIBRE INITIATIVE TRUST 45-2686411 Fonn 990 (2012) Page 3 Checklist of Required Schedules Yes 1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedu/eA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? . . . . . . . . Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public ofce? If "Yes," complete Schedule C, Partl . . . . . . . . . . . . . . . . . . . . . . . . . . Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part /I . . . . . . . . . . . . . . . . . . . . . Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19'? If "Yes," complete Schedule C, Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 4 5 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes,"complete Schedule D, Partl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? If "Yes,"complete Schedule D, Part II . . . . . . . . . Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X, or provide credit counseling, debt management, credit repair, or debt negotiation seniices'? If "Yes," complete Schedule D, Part IV . . . . . . . . . . . . . . . . . . . . . . . . . . Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V . . . . . . 7 8 9 10 11 a b c d e f 123 b 13 14a b 15 16 . . 1 2 X . 3 . 4 . 5 X . 6 X . 7 X . 8 X . 9 X . 10 X X X If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable. Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete Schedule D. Part VI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113 Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes,"complete Schedule D, Part I/ll _ _ _ _ _ _ , _ _ _ _ _ _ _ _ _ _ 11b Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII , _ _ _ _ _ _ , _ _ _ _ _ _ _ _ _ 11c Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes,"complete Schedule D, Part IX _ _ _ _ _ _ _ , _ _ _ _ _ _ _ , _ _ _ _ _ _ _ _ _ _ 11d Did the organization report an amount for other liabilities in Part X, line 25'? If "Yes,"complete Schedule D, PaitX 11e Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes, " complete Schedule D, Partx _ _ _ _ _ _ 11f Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts XI and XII . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12a Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No"to line 12a, then completing Schedule D, Parts XI and XII is optional . . . . . . . . . . . . . . 12b Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E . . . . . . . . . . 13 Did the organization maintain an office, employees, or agents outside of the United States?. . . . . . . . . . . . . 14a Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $1 00,000 or more? If "Yes," complete Schedule F, Parts land IV . . . . . . . . . . . 14b Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the United States? If "Yes," complete Schedule F, Parts II and IV . . . . . . . 15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the United States? If "Yes," complete Schedule F, Parts Ill and IV . . . . . . . . . . . 16 Did the organization report a total of more than $15,000 of expens_es for professional fu_ndraising_ser_vices_ " _ on" Part IX, column (A), lines 5 and11e_? If "_Yes,"complete Schedule G, Partl(see instructions) . . . . . . . . . . 18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on . Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes,"complete Schedule G, Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H . . . . . . . . . . . . b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? . . . . . 17 JSA 2E1021 1 000 2638EM K922 No _ A X X X X X X X X X X X X X _ _ . 17 _ X . 18 X . . . 19 20a 20b X X Fonn 990 (2012) 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 A THE LIBRE INITIATIVE TRUST D I 45-2686411 Fonn 990 (2012) Page 4 Checklist of Rejuired Schedules (continued) Yes Did the organization report more than $5,000 of grants and other assistance to any government or organization in the United States on Part IX, column (A), line 1? If "Yes,"complete Schedule /, Parts land ll . . . . . . . . . . . . 22 Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2'? If "Yes," complete Schedule I, Parts I and Ill . . . . . . . . . . . . . . . . . . . . . . 23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes,"complete ScheduleJ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002'? If "Yes," answer lines 24b through 24d and complete Schedule K If "No,"go to line 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? . . . . . . . c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d Did the organization act as an "on behalf of issuer for bonds outstanding at anytime during the year? . . . . . . . 25 a Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualied person during the year? If "Yes,"complete Schedule L, Partl . . . . . . . . . . . . . . . . . . . b is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If "Yes, " complete Schedule L, Partl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated em ployee, or disqualified person outstanding as of the end of the organization's tax year? If "Yes,"complete Schedule L, Part II . 27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III . . . . . . . . . . . . . . . 28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions): a A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV . . . . . . . . b A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L PartlV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes,"complete Schedule L, Part IV . . . . . . . . . 29 Did the organization receive more than $25,000 in noncash contributions? If "Yes," complete Schedule M 30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes, " complete Schedule M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Partl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No 21 32 33 34 35 a b 36 37 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301 7701-2 and 301 7701-3? If "Yes,"complete Schedule R, Partl . . . . . . . . . . . . . . . . . . . . . Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or I\/, and Part V, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Did the organization have a controlled entity within the meaning of section 512(b)(13)'? _ _ _ _ _ _ _ _ _ _ _ _ _ _ if "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 _ _ _ _ _ _ Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2 _ _ , , _ , _ , , _ _ _ _ _ , _ _ _ _ _ _ _ _ _ _ _ _ Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a p_artne_rship_for federal income tax purposes? If "Yes," complegz Schedule_R, _ Partvl . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11b and 19? Note. All Form 990 filers are reguired to complete Schedule 0 . . . . . . . . . . . . . . . . . . . . . . . . . JSA 2810301000 2638E.M K922 5/13/2014 10:11:52 PM V 12-7.12 120-O096940O077672 21 X 22 23 X X 24a 24b X 240 24d 253 X 25b X 26 X 27 X 283 X 28b X 28c 29 X X 30 X 31 X 32 X 33 X 34 35a X X 35b X 36 x 38 X Form 990 (2012) I I THE. LIBRE. INITIATIVE TRUST 4526864l1 Form 990 (2012) Page 5 Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule 0 contains a response to any question in this Part V . . . . . . . . . . . . . . . . . . . . . . Yes No 1a Enterthe number reported in Box 3 of Fonn 1096 Enter-0- if not applicable _ _ _ _ _ _ _ _ _ _ b Enter the number of Forms W2G included in line 1a. Enter 0- if not applicable _ _ _ _ _ _ _ _ _ 1a 1b 49 0 c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (garnblinglwinnings to prize winners?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a Enter the number of employees reported on Fonn W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return _ 23 I 13 b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-le (see instructions) . . . . . . . 3a Did the organization have unrelated business gross income of $1 ,000 or more during the year? _ _ _ _ _ _ _ _ _ _ b If "Yes," has it filed a Form 990T for this yeai? If "No," provide an explanation in Schedule 0 _ , _ _ _ _ _ _ _ _ _ _ _ 4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If "Yes," enter the name of the foreign country > _________________________________________ __ See instructions for filing requirements for Fomi TD F 90-22 1, Report of Foreign Bank and Financial Accounts. 5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax yeai? _ _ _ _ _ _ _ _ b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? c If "Yes" to line 5a or 5b, did the organization file Fonn B886-T? _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? _ _ , _ _ _ _ _ _ _ _ b If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c X 2b X J X 3a 3b 4a X s ' X X 5a 5b 5c 6a X 6b X 7 Organizations that may receive deductible contributions under section 170(c). V f 6&6 a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods V T and services provided to the payor? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7a b If "Yes," did the organization notify the donor of the value of the goods or services provided? , _ _ _ _ _ _ _ _ _ _ _ 7b c Did the organization sell, exchange, or othenivise dispose of tangible personal property for which it was required to file Form 8282? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7c d If "Yes," indicate the number of Forms 8282 filed during the year _ , _ _ _ _ _ _ _ _ _ _ _ _ _ _ 7d I 1 ' A e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? _ _ _ 7e f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 7f g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? , _ _ 7 h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-0? 711 8 Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting 3%, $1 organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year? _ _ _ , _ _ , _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 8 9 Sponsoring organizations maintaining donor advised funds. g * a Did the organization make any taxable distributions under section 4966? _ _ _ _ , _ , _ _ _ _ _ _ _ _ _ _ _ _ , _ _ _ 9a b Did the organization make a distribution to a donor, donor advisor, or related person? _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 9b 10 Section 501(c)(7) organizations. Enter a Initiation fees and capital contributions included on Part Vlll, line 12 _ _ _ _ , _ _ _ _ _ _ _ _ _ 11 b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities Section 501(c)(12) organizations. Enter. a Gross income from members or shareholders _ _ _ _ , _ _ _ _ _ _ _ _ _ _ _ _ _ _ , , _ _ _ _ _ 10a S51 l 5 6 , 10b gs spat 11a 3* 2 b Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) , _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 11b 12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? 13 1 15 b If "Yes," enter the amount of taxexemptinterest received or<_a_ccn.i_ed during the ye_ar _ _ _ 12b Section 501(c)(2) qualified nonprofit health insurance issuers. a is the organization licensed to issue qualied health plans in more than one state? _ _ _ _ _ _ , _ , _ _ _ _ , _ _ _ _ 59 12a , in 13a Note. See the instructions for additional information the organization must report on Schedule 0 b Enterthe amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ c Enter the amount of reserves on hand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13b 13 , . ,,, e 14a Did the organization receive any payments for indoor tanning services during the tax year? _ _ _ _ _ _ _ _ _ _ _ _ _ 14a X b If "Yes," has it filed a Form 720 to report these payments? If "No,"provide an explanation in Schedule 0 . . . . . . 14b JSA Form 990 (2012) 2E1040 1 000 2638E.M K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 Fonn990(2012) THE TIIBRE INITIATIVE TRUST 45-2686411 Page6 Governance, Management. and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule 0. See instructions. Check if Schedule 0 contains a response to any question in this Part VI . . . . . . . . . . . . . . . . . . . . . . . . . . Section A. Governing Body and Management Yes Enter the number of voting members of the governing body at the end of the tax year - - - - - - . . - - 13 1 If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule 0 b Enter the number of voting members included in line 1a, above, who are independent . . . . . . 1b C 2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other ofcer, director, trustee, or key employee? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors, or trustees, or key employees to a management company or other person? . . . 3 4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? . . . . . . . 4 5 Did the organization become aware during the year of a significant diversion of the organization's assets?. . . . . 5 6 Did the organization have members or stockholders? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73 X b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b 8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following" a The governing body? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 X b Each committee with authority to act on behalf of the governing body? . . . . . . . . . . . . . . . . . . . . . . . 8b 9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the tanizations mai inLaddress? If "Yes," provide the names and addresses in Schedule 0 . . . . . . . . . . . . 9 Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.) Yes No 1a 10a b 11a b 12a b c ; Did the organization have local chapters, branches, or afliates? . . . . . . . . . . . . . . . . . . . . . . . . . . . If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes? . . . . Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? . . Describe in Schedule 0 the process, if any, used by the organization to review this Form 990 Did the organization have a written conflict of interest policy? If "No," go to line 13 . . . . . . . . . . . . . . . . . Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule 0 how this was done . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 14 15 Did the organization have a written whistleblower policy? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Did the organization have a written document retention and destruction policy? . . . . . . . . . . . . . . . . . . . Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision? a The organization's CEO, Executive Director, or top management ofcial . . . . . . . . . . . . . . . . . . . . . . . b Other officers or key employees of the organization , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If "Yes" to line 15a or 15b, describe the process in Schedule 0 (see instructions). 16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in Joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's exempt status with respect to such arrangements? _ _ _ _ _ _ _ , _ , , _ , _ , _ _ _ _ _ , _ , _ _ _ Section C. Disclosure 17 13 103 X X X X X X X No X 10b 113 X 123 X 12b X 120 X 13 14 X X 15a 15b X X 158 X X 155 List the states with which a copy_of this Form 990 IS required to beled >___________________________________ __ . Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501(c)(3)s only) available Ownfor website public insnion. Anothers Indicatewebsite how you made Upon these request available. Check C] Other all that(explain apply in Schedule 0) 19 20 -ISA 2E1042 1 000 Describe in Schedule 0 whether (and if so, how), the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. State the name, physical address, and telephone number of the person who possesses the books and records of the organization >DANIEL GARZA 1320 NORTH COURTHOUSE ROAD, SUITE #310 ARLINGTON, VA 22201 703-678-4577 Fonn 990 (2012) 2638E.M K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 __ Form990(2012) THE I'.Ii31-<5 INITIATIVE TRUST 45-2686411 Page7 Compensation of Ofcers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check if Schedule 0 contains a response to any question in this Part VII . . . . . . . . . . . . . . . . . . . . C] Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete this table for all persons required to be listed Report compensation for the calendar year ending with or within the organization's tax year 0 List all of the organization's current ofcers, directors, trustees (whether individuals or organizations), regardless of amount of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid. 0 List all of the organization's current key employees, if any. See instructions for denition of "key employee." 0 List the organization's ve current highest compensated employees (other than an ofcer, director, trustee, or key employee) who received reportable compensation (Box 5 of Fonn W-2 and/or Box 7 of Fonn 1099-MISC) of more than $100,000 from the organization and any related organizations. 0 List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations 0 List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organization and any related organizations. List persons in the following order. individual compensated employees, and former such persons. trustees or directors, institutional trustees; officers, key employees, highest :1 Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee. (A) Name and Title (C) (3) P5'"" Average (110 "01 Check "'0"? than 005 hours per box. unless Person I5 both an week (list any ofcer and a directorltrustee) g _ __ _ - 3: 9: - 5 _ :- g hre 1:edr 33 organizations a E. 5': 3 ' .2 3 as 0 = 3 :2 below dotted 3 " E_ < 0 8 to; line) _(1).PlS 2_a13Z_a _________________ __ I__4_0_-_0_0_ EXECUTIVE DIRECTOR/TRUSTEE O _LZL1lI1I:_1_3_7iFiFiE_1:: _________________ -119.-99. SOUTHWEST REGIONAL DIRECTOR 0 _(_3)_ 9E_12T:T:E_7_* _____________________ __4_0_-9_0_ NATIONAL STRATEGIC DIRECTOR O g g ID as g (D) Reportable compensation from the (E) Reportable compensation from related 0 gap. i (F) Estimated amount of Othef compensation organization (W-2/1099-MISC) (W-'12/10:13)- lt3llr ;C) f"m he '9a"'Z3"" d I t d ofnanajlgns ,3 9 g Q. X 164,845. 0 23,219. X 107,954. 0 9,586. X 114,954. 0 5,586. _(:")_ _____________________________________ __ _(1 _____________________________________ __ J9). _____________________________________ __ _(Z)_ _____________________________________ __ _()_ _____________________________________ __ J9). _____________________________________ __ LL01 _____________________________________ __ LL11___,_________________________________ __ _ _ _ _ _ - _ _ -- _ LL21 _____________________________________ __ LL31 _____________________________________ __ LL41 _____________________________________ __ ,5, 221041 1ooo Fonn 990 (2012) 2638EM K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 45-2686411 I THE IZIBRE. INITIATIVE TRUST Fonn 990 (2012) Page 8 Section A. Ofcers, Directors, Trustees, Ke (A) (B) Name and title Average hours per week (im any hours in, '='-ed or 9 anizauons below dotted me) Employees. and Highest Compensated Employees (continued) (C) (D) (E) (F) Position Reportable Reportable Estimated (do "01 Check "We than 0'19 compensation compensation from amount of box, unless person IS both an from reiaied other ofcer and a directorltrustee) the orgamzauons compensauon 9 E E 8 5 3% 3 organization (W2l1099-MISC) "'" "'8 9 organization 3 Z_ S C 5(D T. E o 3 0 (p3 (W-2/1099-MISC) 9, 5 '3 " 3 E, "- 'and related 9- : organizations E ~ 8 u at E (D 8 (on, " E 1b sub-total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. > 387,751 c Total from continuation sheets to Part VII, Section A _ _ _ _ _ _ _ , , _ . _ , > O dTota (add ines1band1c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . > 387,753. 2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization > 3 383910 38,391. 0 0 Yes 3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual _ _ . _ . . _ _ . . _ . . _ . . _ . , . . . _ . , _ M 3 4 For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If Yes, complete Schedule J for such individual . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If Yes,"comp/ete Schedule J for such person . . . . . . . . . . . . . . . . Section B. independent Contractors No 5 1 __ Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization Report compensation for the calendar year ending with or within the organization's tax year. _ _ _ ___ (A)__ __ Name and business address H _ ,_ _ NOISEWORKS MEDIA CORAL GABLES, FL 33134 MENTZER MEDIA SERVICES INC. TOWSON, MD 21286 2 5 __ _ __ _(B) I _ Description of services _ TV ADVERTISING TV ADVERTISING Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization > 2 JSA 2E1055 3 000 4 _(C) _ Compensation 320,000. 500,000. 3 *1? Form 990 (2012) 2638E.M K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 Fonn 990 (2012) 45-2686411 I THE ILIBREI INITIATIVE TRUST Page 9 Statement of Revenue Check if Schedule 0 contains a response to any question In this Part VIII _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ [:1 (A) (B) (C) (D) Total revenue Reled 0 Unrelated Revenue exempt business excluded from tax function revenue under secuons revenue 512, 513, or 514 2% 5 E < g I- 1a b c Federated campaigns . . . . . . . . Membership dues . . . . . . . . . Fundraising events . . . . . . . . . 18 1b 1c Ug ,',-, d e Related organizations . . . . . . . . Government grants (contributions) . . 1d 16 EE E5 f All other contributions, grtts, grants, and similar amounts not included above 1f 32 g h Noncash contributions included in lines 1a-1f $ Tog]. Add lines 1a-1f . . . . . . . . . . . . . . . . . . . P . E 4, 970,000 Business Code E 4, 2 E, (0 2a b g 8 it e f 9 c d 3 4 5 All other program service revenue . . . . . Total. Add lines 2a-2f . . . . . . . . . . . . . . . . . . . > 0 Investment income (including dividends. interest, and other similar amounts) . . . . . . . . . . . . . . . . . . . Income from investment of tax-exempt bond proceeds . . . 5 938. 0 b c d I % , $ < 938 Gross rents . . . . . . . . b Less rental e)q3enses . . . Rental income or (loss) . . Net rental income or (loss) . . . . . . . . . . . . . . . . . D (i) Securities (ii) Other Gross amount from sales of assets other than inventory Less cost or other basis c d and sales expenses . . . . Gain or (loss) . . . . . . . Net gain or (loss) . . . . . . . . . . . . . . 7a Ba 0 Gross income from fundraising V ,;'x, '3 events (not including $ of contributions reported on line 1c) If E O 3; Royalties . . . . . . . . . . . . . . . . . . . . . . . . . > (i) Real (ii) Personal 6a *1 :1 5 q>, l 4, 970, 000 . b c 9a b c 10a Gross income from gaming activities See Part IV. line 19 _ _ _ _ , _ _ _ _ _ _ a Less direct expenses . . . . . . . . . . b Net income or (loss) from gaming activities . . . . . . . . . P sales of inventory, 7 11a b c cl a 12 All other revenue . . . . . . . . . . . . . Total. Add lines 11a1 1d . . . . . . . . . . . . . . . . . P Total revenue. See instructions . . . . . . . . . . . . . . D _,SA 2E10511000 2638EM K922 I , _ g 5 0 , A $2 V? " 2 5 v V? 4? : 3 I 0 less returns and allowances . _ _ _ _ _ _ _ _ 3 Less cost of goods sold . . . . . . . . . b Net income or (loss) from sales of inventory, _ , _ _ _ _ _ _ > 7 Miscellaneous Revenue Business Code b c W " N See Part IV, line 18 . . . . . . . . . . . a Less direct expenses . . . . . . . . . . b Net income or (loss) from fundraising events . . . . . . . . P Gross s ? ; '3; 35, 0 0 . gf _# I . , 4L97o, 933 J 933. Form 990 (2012) 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077 672 45-2686411 I THE IJBRE INITIATIVE TRUST Fomi 990 (2012) Statement of Functional Expenses Section 501(c)(3) and 501(c)(4) organizations must complete all columns All other organizations must complete column (A) Page 10 Check if Schedule 0 contains a response to any question in this Part IX _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ L] Do not include amounts reported on lines 6b 7b 8b, 9b, and 10b of Part VIII. 1 Total ggenses Giants and other assistance to govemments and organizations inthe United States See Part N, line 21 . Grants and other assistance to individuals in the United States See Part IV, line 22 . . . . . . 2 3 Grants and other assistance to governments, organizations, and individuals outside the United States See Part N, lines 15 and 16_ _ _ _ Benefits paid to or for members _ _ _ _ _ _ _ _ _ 4 5 persons described In section 4958(c)(3)(B) _ _ _ _ _ _ Other salariesandwages _ _ _ . _ _ _ _ _ . _ _ 3 b C '-1 6 t 9 12 13 14 15 15 17 13 19 20 21 22 23 24 5/13/2014 4 : 500 - 4 : 500 - 144,498. 36,125. 1:176: 912- 61:943. 10: 848 - 10: 306 - 542 . 124r385105:692- 118:-156 100:152- 5:2195:540- 0 33I4338O 0 O 0 454! 399903: 423132:32219: 787 0 91,899. 361,204. 0 2 15 : 4 62 0 0 5 : 68 6 12r024- aIiI_C_E_N_SE_EE _______________ __ bV_0_L_U_NJ_1313B-tJl3EQl31; __________ __ 2638EM K922 8: 000- O 1:233:855- Other employeebenefits . . . . . . . . . . . . Payrolltaxes . . . . . . . . . . . . . . . . . . Fees for services (non-employees) Management . . . . . . . . . . . . . . . . . Legal . . . . . . . . . . . . . . . . . . . . . Accounting . . . . . . . . . . . . . . . . . . Lobbying . . . . . . . . . . . . . . . . . . . Professional fundraising services See Pan N, line 17 Investment management fees _ _ _ _ _ _ _ _ _ Other (It line 119 amount exceeds 10% of line 25. column (A)amount,IistIine11g atpensesonSchedule0),A:rgI',I ,1. Advertising and promotion _ _ _ _ _ _ _ _ _ _ , Officeexpenses . . . . . . . . . . . . . . .. Information technology . . . . . . . . . . . . . Royalties . . . . . . . . . . . . . . . . . . . . Occupancy _ _ _ _ _ . _ _ _ _ _ _ _ _ _ _ _ . Travel _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Payments of travel or entertainment expenses for any federal, state, or local public officials Conferences, conventions, and meetings _ , _ _ Interest . . . . . . . . . . . . . . . . . . . . Payments to affiliates . . . . . . , _ _ _ _ , . , Depreciation, depletion, and amortization _ _ _ _ Insurance . . . . . . . . . . . . . . . . . . . Other acpenses ltemize azpenses not covered above (List miscellaneous expenses in line 24e If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule 0) c_. _______ -__._--:__-__.___________ d _, _________________________ _ _ e Allotherexpenses _______________ __ 25 Total functional expenses Add lines 1 through 24e 26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation Check here D E] if following SOP 98-2 (ASC 958-720) _ , _ , _ , . JSA 2E1052 1 000 8: 000 - 180,623. Pension plan accruals and contributions (include section 401(k) and 403(b)employercontributions) . . . . . . 9 10 11 Manag(:(r:ri)ent and general expenses FUnt1[l;)lSln etpensesg 0 O Compensation of current officers, directors, trustees,andkeyemp oyees , _ , _ _ _ _ _ _ _ Compensation not included above. to disqualied persons (as dened under section 4958(f)(1)) and 6 Progra(:)service ecpensos 10,843. 3: 167- 33:4333 0- 345! 903: 55: 19: 343423 401787 - 1-O9: 056- 69, 843. 252,843. 22,056. 108,361. 191 : 7 61 - 23 : 701 . 9r138- 5 : 68 6 2:886- 76:921. 10,843. 3: 167 . _ 8:401. 3: 925: 033- 10:11: 52 PM 2,475. 3: 426: 558- 5,926. 498: 475- 0 Fonn 990 (2012) V 12-7.12 1200096940-0077672 . THE IIIBRE. INITIATIVE TRUST 45-2686411 Form 990 (2012) Page 11 Balance Sheet Check if Schedule 0 contains a response to any question in this Part X 1 2 3 4 5 Cash - nowinteiesl-beanng . . . . . . . . . Savings and temporary cash investments _ _ Pledges and grants recewable, net _ _ _ _ _ Accounts receivable, net _ _ _ _ _ _ _ _ _ _ Loans and other receivables from current 2 I 1 41 I 93557 , 948 . 0 6, 737. 6 Complete Part II of Schedule L _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees beneficiary organizations (see instructions) Complete Part II of Schedule L _ _ _ _ _ _ _ _ _ _ _ O 5 0 9, 73' 2 7 s 9 0 6 0 Notes and loans receivable, net _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . _ _ _ inventor-es for saie or use _ . . . . . . . . . . . . . . . . . . . . . . . . . . . Prepaid expenses and deferred charges . . . . . . . . . . . . . . . . . . . . 0 7 0 s 2 4 , 500. 9 O 0 10 , 7 56 . key employees, and highest . . . . _ _ _ _ _ _ _ _ _ _ _ _ former . . . . . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ofcers. compensated 10a Land, buildings, and equipment cost or other basis. Complete Part VI of Schedule D 10a b Less accumulated depreciation , _ _ _ _ _ . _ _ _ 10b 11 Investments - publicly traded secunties _ _ _ , _ , _ _ , _ 12 Investments - other securities. See Part IV, line 11 _ _ _ _ _ 13 Investments - program-related. See Part IV, line 11 _ _ _ _ 14 Intangible assets . . . . . . . . . . . . . . . . . . . . . . . 15 Other assets See Part IV, line 11 _ _ _ _ _ , _ _ _ _ _ _ _ _ 16 Total assets. Add lines 1 through 15 (must equal line 34) 17 Accounts payable and accrued expenses _ _ _ _ _ _ _ _ _ _ 18 Grants payable . . . . . . . . . . . . . . . . . . . . . . . . 19 Deferred revenue . . . . . . . . . . . . . . . . . . . . . . 20 Tax-exempt bond liabililles . . . . . . . . . . . . . . . . . gl 21 22 33 "' 23 24 25 _ _ _ . _ . _ . . . _ _ _ . _ . _ . . . . . . . . . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ directors, employees. _ _ _ . . . _ . . . _ _ _ . _ . _ . . . 31 , 086. 7, 723 . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . . . . . . _ _ _ _ _ _ . . . . . . _ _ _ _ _ _ . . . . . . . . . . . . . . . . . . Escrow or custodial account liability Complete Part IV of Schedule D _ _ _ _ Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons Complete Part II of Schedule L _ _ _ _ _ _ _ _ _ _ _ _ _ _ Secured mortgages and notes payable to unrelated third parties _ _ _ _ _ _ _ Unsecured notes and loans payable to unrelated third parties _ _ _ _ _ _ _ _ _ Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 1724). Complete Part X of ScheduleD . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. Add lines 17 through 25 . . . . . . . . . . . . . . . . . . . . 25 Organizations that follow SFAS 117 (ASC 958), check here > complete lines 27 through 29, and lines 33 and 34. 3 I 1 43, 536- 1 909, 575 . 2 O 3 10, 330. 4 trustees, . . . _ _ _ _ _ _ _ _ _ and . . . . . . . . . . . . . . . . . . . . . I (Al (3) Beginning of year End of year 8, 910. 0 0 O 0 O 1 I 096, 351 45 , 637. 0 0 0 10c 11 12 13 14 15 16 17 18 19 20 23, 363 . 0 0 O 0 6, 189. 2, 246, 928 148 , 809. 0 0 0 O 21 0 0 22 0 23 0 24 0 O 0 0 25 45, 637. 26 1, 000149, 809. Ill and 27 Unrestricted netassets _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 3 28 g 29 .3 3 Temporarily restricted net assets _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Permanently restricted net assets , _ _ _ _ , _ _ _ _ _ _ _ , _ _ _ _ _ _ _ _ _ . Organizations that do not follow SFAS 117 (ASC 958), check here P I: and complete lines 30 through 34. ,3 30 3 31 E 32 33 '34 Capital stock or trust principal, or current funds _ _ _ _ _ _ _ _ _ _ _ _ _ Paidin or capital surplus, or land, building, or equipment fund _ _ _ _ _ Retained earnings, endowment, accumulated income, or otherfunds _ Total net assets or fund balances _ _ _ _ _ _ _ _ _ _ _ _ _ _r _ _ _ _ _ ___ Totaiiiabiiiiies and netassets/fund baiaes . L. . . . . . . . . . . _ _ _ _ . 1,051,214. _ _ _ _ _ _ . . 27 0 28 29 1,051,214. 1, 096, 851. 30 31 32 33 34 2,097,119. 0 0 2,097,L19_._ 2 , 246, 928. Form 990 (2012) JSA 2EtO53 1 OOO 2638E.M K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 I THE I.:IBRE INITIATIVE TRUST 45-2686411 Form 990 (2012) Page 12 Reconciliation of Net Assets Check if Schedule 0 contains a response to any question in this Part XI . . . . . . . . . . . . . . . . . . l:] 1 2 3 4 5 6 7 8 9 10 Total revenue (must equal Part Vlll, column (A), line 12) Total expenses (must equal Part IX, column (A), line 25) Revenue less expenses. Subtract line 2 from line 1 . . . Net assets or fund balances at beginning of year (must Net unrealized gains (losses) on investments . . . . . . Donated services and use of facilities . . . . . . . . . . Investment expenses . . . . Prior period adjustments . . Other changes in net assets Net assets or fund balances 33 column(B)) . . . . . . . M 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . or fund balances (explain at end of year Combine . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . equal Part X, . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . in Schedule 0) lines 3 through . . . . . . . . . . . . . . . . . . . . line 33, . . . . . . . . . . . 9 . . . . . . . . . . . . . . . . . . . . . . column (A)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (must equal Part . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . X, line . . . . . . . . . . . . . . . . 1 2 3 4 5 6 . . . . . . 7 8 9 . . 10 4 3 1 1 I I I I 970I 925I 045I 051 I 938 0339052140 0 0 O 0 2,097,119. Financial Statements and Reporting Check if Schedule 0 contains a response to any question in this Part XII . . . . . . . . . . . . . . . . . D Yes No Accounting method used to prepare the Form 990 CI Cash Accrual D Other If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule 0. 2a Were the organization's financial statements compiled or reviewed by an independent accountant? _ _ _ _ _ _ If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both E] Separate basis I: Consolidated basis [1 Consolidated basis 3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A133? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the reguired audit or audits, explain why in Schedule 0 and describe any steps taken to undergo such audits 5/13/2014 10:11:52 PM 2b X I: Both consolidated and separate basis c If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? If the organization changed either its oversight process or selection process during the tax year, explain in Schedule 0. JSA 2E1054 1 000 2638E.M K922 X :' Both consolidated and separate basis b Were the organization's financial statements audited by an independent accountant? . . . . . . . . . . . . . . If "Yes," check a box below to indicate whether the financial statements for the year were audited on a se arate basis, consolidated basis, or both: Separate basis 2a V 12-7.12 120-0096940-0077672 2 33 X 3b Fon'n 990 (2012) D (Form 990) OMB No 1545-0047 Supplemental Financial Statements >Complete if the organization answered "Yes," to Form 990, Depanmemm_ eTmaSuW Part IV, line 6, 7, 8, 9,10,11a,11b,11c,11d,1.1e, 11f,'12a, or 12b. Open (9 pubnc lntemal Revenue Service > Attach to Form 990. bsee separate instructions. Inspection Name of the organization Employer identicati -u number THE LIBRE INITIATIVE TRUST 452686411 Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6. (a) Donor advised funds (b) Funds and other accounts Total number at end of year . . . . . . . . . . . Aggregate contributions to (during year) . . . . Aggregate grants from (during year) . . . . . . . Aggregate value at end of year . . . . . . . . . . Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organizations property, subject to the organization's exclusive legal control? . . . . . . . . . . . Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose Ulh l sl-I 6 D Yes D No conferringpermissible private benet? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1: Yes :1 No Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7 Pur ose(s) of conservation easements held by the organization (check all that apply). 1 Preservation of land for public use (e.g., recreation or education) Protection of natural habitat Preservation of an historically important land area Preservation of a certified historic structure Preservation of open space Complete lines 2a through 2d if the organization held a qualied conservation contribution in the form of a conservation easement on the last day of the tax year. Held at the End of the Tax Year 2 a Total number of conservation easements . . . . . . . . . . . . . . . . . . . . . . . . . . . . b c d Total acreage restricted by conservation easements . . . . . . . . . . . . . . . . . . . . . . 2b Number of conservation easements on a certified historic structure included in (a) . . . . , _ 2c Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register . . . . . . . . . . . . . . . . . . . . . . . . . 2d Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax year > _______________ __ Number of states where property subject to conservation easement is located > _______________ __ Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? . . . . . . . . . . . . . . . . . . . . . . . D Yes D No Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year > _______________ __ Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year > $ _______________ __ Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B) (I) and section 17o(h)<4) $ ___________ __ (ii) Assets included in Form 990, Part X . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D $ ___________ __ 2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the following amounts required to be reported under SFAS 116 (ASC 958) relating to these items: a Revenues included in Form 990, Part VIII, line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D $ ___________ __ b Assets included in Form 990, PaitX . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 5 For Papemork Reduction Act Notice, see the Instructions for Form 990. Schedule D (Fomi 990) 2012 JSA 2E126B1000 2638EM K922 5/13/2014 10:11:52 PM V l27.12 120-0096940-0077672 _ THE LIBRE INITIATIVE TRUST 452686411 Schedule D (Form 990) 2012 Page 2 Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued) 3 Using the organization's acquisition. accession. and other records, check any of the following that are a significant use of its collection items (check all that apply). a Public exhibition Loan or b Scholarly research ed B Other _ _exchange _ _ _ _ _ _ _programs ___________ _ _ _ _ _ _ __ c Preservation for future generations __ --__ _ -4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part Xlll. 5 During the year, did the organization solicit or receive donations of art. historical treasures, or other similar assets to be sold to raise funds ratherthan to be maintained as part of the organization's collection? . . . . . . I: Yes 1:] No Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990, Part N, line 9, or reported an amount on Form 990, Part X, line 21. 1a is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included on Form 990. Part X? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l:l Yes b If "Yes," explain the arrangement in Part XIII and complete the following table Amount l c cl e f Beginning balance . . . . . Additions during the year . Distributions during the year Ending balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D No 1c 1d 1.; 1f 2a Did the organization include an amount on Form 990, Part X, line 21'? _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ yes b If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part Xlll _ _ _ , _ , _ _ _ 1a Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10. (a) Current year (b) Pnor year (c) Two years back (d) Three years back Beginning of year balance . . . . Contributions . . . . . . . . . . . No (e) Four years back c Net investment earnings, gains, and losses . . . . . . . . . . . . . d Grants or scholarships . . . . . e Other expenditures for facilities and programs . . . . . . . . . . f Administrative expenses . . . . g End of year balance . . . . . . . 2 . . . . Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as a Board designated or quasi-endowment >_______ __% b Permanent endowment >_______ __ % C Temporarily restricted endowment > % The percentages in lines 2a, 2b. and 2c should equal 100% 3a Are there endowment funds not in the possession of the organization that are held organization by (i) unrelated organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) related organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? . . 4 Describe in Part XIII the intended uses of the organization's endowment funds 3 l Part VI 1a 2 _ and administered forthe Yes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land, Buildings, and Equijment. See Form 990, Part X, line 10. Description of property (a) Cost or other basis (b) Cost or other basis (investment) (other) (c) Accumulated depreciation No 3a(i) 3a(ii) 3b (d) Book value Land . . . . . . . . . . . . . . . . . . . . . b Buildings . . . . . . . . . . . . . . . . . . c 4LVeaseh'o d i_mprovemen- . ... . .7 ._. . .2 # d Equipment . . . . . . . . . . . . . . . .. e Other . . . . . . . . . . . . . . . . . . . . 31,086. 7,723. Total. Add lines 1a through 1e. (Column (d) must equal Form 990, PartX, column (B), line 10(6) ) . . . . . . D 23,363. 23, 363. Schedule D (Form 990) 2012 JSA 2E1269 1000 2638EM K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 45-2686411 THE L'IBRE INITIATIVE TRUST Page3 Schedule D (Form 990) 2012 Investments - Other Securities. See Form 990. Part X, line 12. (c) Method of valuation Cost or endof-year market value (b) Book value (a) Description of security or category (including name of security) (1) Financial derivatives (2) Closely-held equity interests _ _ _ , _ , _ _ _ _ _ _ _ (3) Other_____________________________ __ __(i)_______________________________ __ ___(')_______________________________ __ ___(9_______________________________ __ ___('2)_______________________________ __ ___(E)_______________________________ __ ___(E)_______________________________ __ ___()_ ______________________________ __ __1E)_______________________________ __ (5) D Total (Column (b) must equal Form 990, Part X, col (8) line 12) Investments - Program Related. See F orm 990, Part X, line 13. (b) Book value (a) Description of investment type (c) Method of valuation Cost or end-of-year market value (1) (2) (3) (4) (5) (5) (7) (8) (9) (10) D Total. (Column (b) must equal Form 990, Part X, col (B) line 13) Other Assets. See Form 990, Part X, line 15. (a) Description (b) Book value (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Total. (Column (b) must equal Form 990, Pan X, col (B) line 15) _ _ . _ _ . , _ , , _ _ _ _ _ _ _ _ _ , _ _ _ _ _ _ Other Liabilities. See Form 990, Part X, line 25. 1. (a) Description of liability (1) Federal income taxes (2) DUE TO RELATED ORGANIZATION (3) (4) (5) (6) (7) (8) (9) (10) (11) Total. (Column (b) must equal Form 990, ParfX, col (B) line 25) (b) Book value > 2V, 5< . 23* / "." , 1 , O00 . * . 4% veg 5% = W, ex (3% P N I 2 __ .,,, < , 1 <* it 2% 1 , O00 . 2. FIN 48 (ASC 740) Footnote In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740) Check here if the text of the footnote has been provided in Part XIII _ _ _ , _ _ _ _ _ _ _ JSA Schedule D (Fomi 990) 2012 2E1270 1 000 120-0096940-0077 672 10:11:52 PM V 12-7.12 2638EM K922 5/13/2014 45-2686411 THE. LIIBRE INITIATIVE TRUST Schedule D (Form 990) 2012 Page4 Reconciliation of Revenue per Audited Financial Statements With Revenue per Return 1 Total revenue, gains, and other support per audited nancial statements _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Amounts included on line 1 but not on Form 990, Part VIII, line 12' 2a Net unreallzed gains on investments Donated services and use of facilities _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2b Reoovenes of orIorvoar9IanIs . . . . . . . . . . . . . . . . . . . . . . . . . . 2c other Ioescnbe In Pan XIII-I . . . . . . . . . . . . . . . . . . . . . . . . . . . 2d 1 2 Add IIIIo- 23 through 2d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. Subtract line 2e from line 1 . . . . . . . . . . . Amounts included on Form 990, Part VIII. line 12, but not on ine1 DD.OU'N Investment expenses not included on Form 990, Part VIII, line 7b _ _ _ _ _ _ _ 4a Other (De-SCIIDB III Part XI"-I . . . . . . . . . . . . . . . . . . . . . . . . . . . 4b Add lines 4a and 4b Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) . . _ _ . _ _ _ _ _ _ , _ , 2e 3 4c 5 Reconciliation of Expenses per Audited Financial Statements With Expenses per Return 1 Total expenses and losses per audited nancial statements _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Amounts included on line 1 but not on Form 990, Part IX, line 25' 2a Donated services and use of facilities _ _ _ Prior year adjusmems . . . . . . . . . . . . . . . . . . . 2b other losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2c 2d 00.053! 3 4 n n - - u I u u I - n . . . . . . . . . . . 3 Total expenses Add lines 3 and 4c. (This must equal Form 990, Part I, line 18) _ _ , , , , _ . _ _ _ _ _ _ 4c 5 Amounts included on Form 990, Part IX, line 25, but not on line 1: a Investment expenses not included on Form 990, Part VIII, lune 7b b Other (Describe In Part xm ) ' ' ' ' ' ' ' c Add mes 4a and 4b . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 4a 4b Part XIII Siggplemental Information Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9, Part III, lines 1a and 4, Part N, lines 1b and 2b, Part V, line 4, Part X, line 2; Part XI, lines 2d and 4b, and Part XII, lines 2d and 4b. Also complete this part to provide any additional information Schedule D (Form 990) 2012 JSA 2E1Z71 1000 2638EM K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077 672 THE L'IBRE. INITIATIVE TRUST Schedule D (Fon'n 990) 2012 Part XIII Supplemental lnformatiolgcont/nued) 45-2686411 Page5 Schedule D (Fon'n 990) 2012 JSA 2E12262000 2638EM K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 2@12 Inspection Publ Open toic 1OMB No 545-0 47 States United the Iand in nGover dividnualments s, I ansorocram isncash aQOVIft-Omar pscanOT iscltieahn ac'ebnlme) m needed. is addiif duplbe $5,than II Part rthat space recifor can eline 21, IV, Part more tceiiany o0cnalatv00.pedei dnt 1201-'10:5PM V 02-9K922 2638EM /614073/- 0.1:71267520142 SN/A CHTOU8,L(3) AD50l8R89002 9SEHNV 0-NDRIISTATE 1125 PE4STN006ED4(V5CRAV9S1DOE)AN, BN0 Yes lheS Cl0nCF le aUsedl0a..wrd1h.e9Fan.t5T3S$ 5ta"Ce?. z"Eo"EID;;'0E)' Orto AssiOther and Grants ganistzaatnceions, athe elgrant for grants sor the aof grants iamount sgror uto tmaiebthe oriaDs1 bcorntgacienoes ltinc.estaediyz.eisantion 6ILINTHE 41ITBIATREIVE m:Asand 990' 21 line 22. IV, Part 990, "Yes" Form ato orif or Compl the nsgwaneirzeadteiome Trt,DnepasanFrm umAtto reymtachSerRInetverincuealnumbe IdEemntifplcatoiof the rName ynegarnization 45-268TRUST Grant InGsfioon sreneral tmancatieson and StUni'the funds the of grant moniproain for IV Part use rDtgo2 eaescin nets.idoczdurartibnoegns' 990. Form answer to "Yes" orif Grants Compl the StUnithe gin Orand GoaniAsto Other agand vatesnzriesaedzmtds.eaitoncniontesns Pur(h) grant of De(d) (9) of (9) oaddress EIN cash of soi 1 and AI(b) Name (c) cp(rmRenan.gicospaota) nuiCoenztation -01 _C__LE. FsL2_UiTE_1Nv~2I5Tu2L_ Enteroalnumbe3 rofther.ogani.ztonslitednheli 1tab e 990) (I S2Fcfor 990. Form hIthe n012) Notorm ReePaper Act sFor dtsee ruluuccetiotcinwoe,snork L131______ _ _1;_ JSA 000 2E128 1 (I S2Fch012) 990) orm edule "eotacash grant np'osPnihs'r-etcaernm5isceha)l, FMV. I n(1) aof Deso(a) (d) n(viof or sMeAof Amoab-(b) (c) Nutclmuraook,01 nigrant Type (a) tpsocmhoreituosnbdtaetnrce information. needed. is addiif duplbe Ill Part space can tiocnalated I51201/13/2014 10:-V PM 02638EM K922 2-96 4170-1:0.716572 7 2 Page(990) S2Fch012) I orm edule IV, 22. line Part 990, m "Yes" Form answer orif the Compl States. Union Ignto the in Asand Other aniGrants disvisztdeaedualdtenciotsen 45-268TRUST 6INLI4THE 1ITBIATREIVE addimsuppl and other (b), colin III, Part 2, line I, requi ithe provi nthis Compl to part any fInotufirommnrnalmaetariment otedidnoente. al FUNDS GRANT OF USE MOFOR THE PRNOICTEODRUINRGES 2 LIPART I, SCHNEDEULE ORGANIGRANTS. SPCUZTHTHE RATIPPORT OULDEAVRIODSNHEN IPTD AWARD THE CRISPECIBY IN GOVARE SCTHOELRRIAFNRISAECHDIPS AWARDS PMORAND CLETTERS A OGRANT EVINTHE CLETTER. NTIETODARUEINRWEGD FUNDS. GRANT THE OF USE REREQUI ON WHIPORTCRHSES JSA 2E150420 0 SCHEDULE J (Form 990) Compensation Information For certain Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees > Complete if the organization answered "Yes" to Fonn 990, Depanmem 0, me mm meme, Revenue smce Name of the organization THE LIBRE. INITIATIVE TRUST Part iv, line 23. _ P Attach to Form 990. P See separate instructions. one No 1545-0047 Open to Public mspection Employer identication number 45-2 686411 Questions Regar_ng Compensation 1a Yes First-class or charter travel Travel for companions Tax indemnification and grossup payments Discretionary spending account b 3 If any of the boxes on line 1a are checked, did the organization follow a written policy regarding payment I 4 a b c I I 1b 2 Indicate which, if any, of the following the filing organization used to establish the compensation of the organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III. , I I Housing allowance or residence for personal use Payments for business use of personal residence Health or social club dues or initiation fees Personal services (e g., maid, chauffeur, chef) g;p raelirr:ibursement or provision of all of the expenses described above? If "No," complete Part III to Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? _ _ _ _ _ _ _ _ _ _ _ 2 No Check the appropriate box(es) if the organization provided any of the following to or for a person listed in Form 990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items. I Compensation committee Independent compensation consultant Form 990 of other organizations - Written employment contract Compensation survey or study Approval by the board or compensation committee During the year, did any person listed in Form 990. Part VII, Section A, line 1a, with respect to organization or a related organization Receive a severance payment or change-of-control payment? _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Participate in, or receive payment from, a supplemental nonqualied retirement plan? _ _ _ _ _ Participate in, or receive payment from. an equity-based compensation arrangement? _ _ _ _ _ _ the ling _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 4a 4b 4c X X X 5a 5b X X ea 6b X X If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III. 5 Only section 501(c)(3) and 501(c)(4) organizations must complete lines 5-9. For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the revenues of. a The organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b Any related organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If "Yes" to line 5a or 5b, describe in Part III 6 a b 7 8 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the net earnings of: The organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Any related organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If "Yes" to line 6a or 6b, describe in Part III For persons listed in Form 990. Part VII, Section A, line 1a, did the organization provide any non-fixed payments not described in lines 5 and 6'7 If "Yes," describe in Part III _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Were any amounts reported in Form 990, Part VII, paid or accrued pursuant to a contract that was subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe in Part III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 _ 7 8 X X If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.49586(c)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 For Paperwork Reduction Act Notice, see the Instructions for Form 990. schedule J (Fomi 990) 2012 JSA 2512901000 2638EM K922 5/13/2014 10:11:52 PM V l27.l2 120-0096940-0077672 2 Page C(F) ompensation 45-268641 990 Form prior dreinasfporer etded (S2012 990) J cFhorm edule (B)(I)-(D) c(E) of Totolumansl benets N(D) ontaxable otdefherered compensation Other reportable (Ill) compensation compensation incentive 8. Bonus (ll) 1cW-2 andl0oot Bm9repa(C) (B) -eand RMkndsImoSawtCerionmem (l) Base compensation _ l_39_,84_15._8 _,2]LQ_8_.6_._ _ _ I4L,_QI1:_ ;+_ _ _ _ _9 in) (ii) (ii) (ii) (Ii) (ii) (i) (ii) (i) (ii) (i) ii) 12110:5/0-PM V 2-09163/1470-1:.20170145627 l l Trtl(A) ande Name K922 2638E.M GARZA DANIEL ILINHE TRUST ITBIATREIVE dethe relo(i) from and rcJ. Scin report sgbe oon imust row For naceach mehrin dipporiedultnbzepvaineztsdainotsuanieaostn,ilodnVII. Part 990, Form ilist lthat nnot Do (ii). idson are niany row on svtedtirductaiolsns, for (E) and that colapplline (D) Sectof VII, Part 990. A, 1a, amount Form amount total the equal ilfor nmust ciThe (of each BNote. odiuslsum i)vmnutedc(ioamnsd)blsnual-(ei i) individual. 2012 990) (ScFhorm J edule E needed. addidupl if Use EmplCompe Hispace and Trust Key is Ditrigoeconalhest Ofcers, copi nyees.ctatyeesseaotes,esrds, whose DIRECXTEORC/1 TUTSIVE 10 11 12 13 14 15 16 2E1291 JSA 1000 (SJ 2012 990) Fchorm edule I 12110:5/0-PM K922 V 2638EM 27.09163/140-1:20170145627 Part for and 8, 7, 6a, 5b, 5a, 3. 1b, 4c, 4b, 1a, lines I. 4a, requi Part for desexplithe provi nto Compl this part for ocraminatpartiedodensn.n,te iaddinfor 3 Page990) (SJ 2012 Fchorm edule msuppl compl part this Also foany rmtiaotinalone. te Informeatmerion itaII. l6b, 45-26TRUST 8INTHE LI6I4T1BIATREIVE PNON-AYMEFINXTESD 7 LIPART I, SCHNEDULEE J, DHAS TO ADVIINWICSTRUSTEE, IN ODTHE ENRPJEUSTNTIODCEHTNRSIOTN, AWARD PON BONUS BASED EAND DERFOTREMRAMNCEINS. E JSA_ I 2515051 ooo SCHEDULE 0 Supplemental Information to Form 990 or 990-EZ (Form 990 or 990-EZ) Complete to provide information for responses to specific questions on Open to Public Form 990 or 990-EZ or to provide any additional information. _ >Attach to Form 990 or 990-EZ. Inspection Employer identication number 45-2686411 THE LIBRE INITIATIVE TRUST Departm tofth T ry lntemal rgvenuegseiueiseu Name of the organization ORGANIZATION ' S MISSION FORM 990, PART I, LINE 1 OUR MISSION IS TO ADVANCE PRINCIPLES AND VALUES OF ECONOMIC FREEDOM (I.E., LIMITED GOVERNMENT, RESPONSIBILITY) RULE OF LAW, THAT EMPOWER THE U.S. FREE ENTERPRISE AND PERSONAL HISPANIC COMMUNITY TO THRIVE AND CONTRIBUTE TO A MORE PROSPEROUS AMERICA. PROGRAM SERV ICE ACCOMPLI SHMENTS FORM 990, PART III, LINE 4A WE ALSO HOSTED EDUCATIONAL COMMUNITY-BASED CLASSES SUCH AS FINANCIAL LITERACY, TAX PREPARATION, AND RESUME-BUILDING GEARED TOWARDS EQUIPPING LATINOS WITH TOOLS THEY NEED TO PROSPER. GOVERNING BODY AND MANAGEMENT FORM 990, PART VI, SECTION A, LINE 7A IN ADDITION TO THE EXISTING LIBRE INITIATIVE TRUSTEE HAVING THE ABILITY TO ELECT A SUCCESSOR TRUSTEE, ANOTHER TRUSTEE, A SEPARATE LLC HAS THE POWER TO APPOINT SUBJECT TO CERTAIN LIMITATIONS. COMMITTEES FORM 990, PART VI, SECTION A, LINE 8B TIjERE_ARE NO SUCH COMMITTEES. _ _ , _ _ _ _ - . , _ _ _ A Schedule 0 (Fon'n 990 or 990-EZ) (2012) For Privacy Act and Paperwork Reduction Act Notice. see the Instructions for Form 990 or 990-EZ. JSA 2E1227 1 000 10:11:52 PM V 12-7.12 120-0096940-0077672 2638EM K922 5/13/2014 Schedule 0 (Fonn 990 or 990-EZ) 2012 Name of the organization THE LIBRE INITIATIVE TRUST Page 2 Employer identication number 45-2686411 FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARED AND REVIEWED THE FORM 990. A FULL DRAFT OF THE 990 ALONG WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO INTERNAL MANAGEMENT AND OUTSIDE LEGAL COUNSEL FOR REVIEW. QUESTIONS ARE ADDRESSED AND ANY MODIFICATIONS ARE MADE, ALL IF NECESSARY. THE FINAL FORM 990 ALONG WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO THE TRUSTEE PRIOR TO FILING WITH THE IRS. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEE IS COVERED UNDER THE CONFLICT OF INTEREST POLICY. OUTSIDE LEGAL COUNSEL MEETS PERIODICALLY TO REVIEW THE POLICY AND ANY POTENTIAL CONFLICTS. EXECUTIVE COMPENSATION FORM 990, PART VI, SECTION B, LINES 15A AND 15B THE ORGANIZATION ENGAGED A HUMAN RESOURCES CONSULTING ORGANIZATION TO PERFORM A COMPENSATION STUDY. THE CONSULTING ORGANIZATION USED DATA FROM COMPARABLE NON-PROFITS TO ESTABLISH A REASONABLE COMPENSATION LEVEL FOR THE TRUSTEE. IN ADDITION, THE ORGANIZATION MAY OBTAIN A PROFESSIONAL OPINION FROM COUNSEL AS TO WHETHER THE PROPOSED COMPENSATION WOULD BE AN EXCESS BENEFIT TRANSACTION AND REFER MATERIAL TO AN INDEPENDENT DECISION MAKER.,._ ____ -__ JSA 2E122B 1 000 ._- --!~ Schedule 0 (Fonn 990 or 990-EZ) Z012 2638EM K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 Schedule 0 (Form 990 or 990452) 2012 Name of the orgamzatton THE LIBRE INITIATIVE TRUST Page 2 Employer adentrcauon number 4526864l1 AVAILABILITY OF DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL REQUIRED DISCLOSURES AVAILABLE TO THE PUBLIC UNDER IRS REGULATIONS. ATTACHMENT FORM 990, PART IX 1 OTHER FEES (A) TOTAL FEES DESCRIPTION (B) PROGRAM SERVICE EXP. (C) MANAGEMENT AND GENERAL 369,112. 280,525. 88,587. PROFESSIONAL FEES CONSULTING FEES PROFESSIONAL FEES MEDIA PRODUCTION 45,000. 34,200. 10,800. PROFESSIONAL FEES ONLINE SERVICES 38,745. 29,446. 9,299. PROFESSIONAL FEES DATA ACQUISITION 1,542. 1,172. 370. 454,399. 345,343. 109,056. TOTALS JSA 2E1228 1 ooo (D) FUNDRAISING EXPENSES Schedule 0 (Fonn 990 or 990-EZ)2012 2638EM K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 entity 2@12 1OMB No 545-0 47 Publ Open toic Inspection No Yes LI-BRE control edt en'Ventity? 5-2 8 1 4 IdEemntifplcatoi yrner 6 numbe 512(cDibo)n(r1te3o)ctl ing 5e"" I900, 000. N1, ITIATIVE cDiasEondrst-eofcttl-ysienagr (R 2012 990) SFchorm edule INITIATIVE LIBRE X (9) (0 (fl (9) id) Totincoamel 45-268641 960,4,000. Publstatuiscy 501((it chant sectcio)(n3) cfooruntreigryn) (C) (b) cfooruntreirgyn) 120- 096 40- 07 672 d(osactPrmtateicmilevarity Legal DE SUPPORT (dl (6) lb) d(Legal ExPrsactoemcteimamptcoivntlareiety Code 7 (3) 501( EDUCATCION) DE had it because 34 line IV, Part 990, Form ansto Yes" or(Cgompl the if wanierzeadteiotne 45-2725 07 > iSnsP 990. Aetto Form rueetparctaionchas.te 4PUBLI 5-4123 8C3 PartUnrel and Organi Relnershi ated zteatdiposns 37. line 36, 35, 34, IV, Part 33, 990, Form aF "Yes" oor to Cnrsomplgwaneirzeadteiotne the if 110:PM V 2-171:.152 22201 ASUIRLINGTTOEN, #310 VA (3) I l i l I TRUST ILINTHE ITBIATREIVE oaEIN enti and (if fpdName. idsrldreicgaetrbdsyled,) address. orand of EIN Name. eglantizeadtion OrTax-of RelIdgentanEaixempt ztaiectiatdonsioyear.) nortrelagx-one duri tax the more or aaniexempt tzeantdiogns 33.) line IV, Part 990, Form ansto "Yes" orif the (EntCDiof Igdompl waniesnrertietfzgariecadtesidotnede 5/K922 2638EM 13/2014 (Form SCHEDULE 990) R ILINTHE ITBIATREIVE the of rganization TRUST Tol theDreparstumreynt SRInetvrernicuael oName % ROAD, C1320 NORTH OURTHOUSE _(_21_ _ _ _()._ _ _ CO22201 URVA AROAD, #310 SUIR1320 NORTH LTIHNGOUSTOENE, J31__-_ _ _(_31_ __L__ _ _(51_ _-___ _ _L5l _'___ _ 'Act 990. Form for Ithe NotnRPasFor etsee rdupcetiorcnwose,nork JSA 25130710 0 7anti 2 Page Yes No Percentage ownership (l) ('1) No (R) U) Georneral managing partner? IV, Sepawn. ction we ownership Yes (9) of Share (I) V-UBI Code ()1) Dl-pm oniaun (ScFhorm R 2012 990) edule easnds-oef-tysear of chedule 20 box aminount SK-1 (Form 1065) (7) IbnloI'l No Yes lCOITIS Share total of trust) of Type entity (C S corp, or corp. 45-268641 077672 (9) (V) asyear l s'\CeOtms8 (9) id) Share total eoi of nd-of- entity cDionrteoctl ing (C) (0) Legal domic le f(osorrteaitgen tax unrelated, under Predominant (rienclaomted, efxrcomluded 512-sectio5n14)s 120-0O96940 country) ()3) actPrimivarity id) entity cDionrteoctl ing foreign country) 110:PM V 2-171:.152 ILINTHE. TRUST ITBIARETIVE I l ('a) (sortate rName, of EIN and oaerdgladrntiezasdtio,n (6) (b) (8) 34 line IV, Part (the orif answer 990, Form to "Yes" ParCTaxabl RelIdgompl Orof eanigas a ntanaicerzitaeasitdeohinotienspn had duri partax the year.) ortrelit because rgas a eator more one atnaniertzeanstdhioginsp droermglainctzieladtion (to if "Yes" Part 990, Form Trust ansthe RelCOrof orcTaxabl Idoompl egor ras a nwanipataniorerctiazeatiotdeinotnsen the ctorrelhad duri trust year.) tax because 34 line it oror a greatas more one paaniortzeantdiognsn Legal actProf ElaName, and didrmiNvearsity, SR 2012 990) (cFheormdu,le :5/13/2014 K922 2638EM Ii!!! _(1L__ _ _ JZL__ -7 _ _L_ JEL_ __J_ _ JSA 02E001308 3 ><><><><>C >< >< >< ><><2><><>< x 3 Page Q x x I No Yes U - 1k 1 1m 1nX 10 1P I X 1r X 1s (d) ianmvolvuentd dMeetetrhmodining of (SFchorm R 2012 950) edule (C) 36.) 35b, 34, line or iAmonvolvuendt lParts -IV? (5) Transaction (8-5) W8 45-268641 120- 096 40- 07 672 (3) otName oof rgahnierzation TRUST INLITHE ITBIATREIVE I from o(iv) royal rent (iii) aof (ii) nta iRecei (i) or nnrnuiolterest ettide_yespst orelrto lreloiwith frsin the tof gomoraone ortednaDuri the did or tax lengage any in sgtiayear, ozecatwinidoeznasntnigogn centi relrto loan gguarLoans aor naiztaetintodn_e(ses) orelby rguarlgLoans aonaor izantaeiaodnnt(s)e_ es ccapi gGift, ogrant, antaor rizbtauetiodtn_al(s) orelfrom rccapi gGift, ogrant, antaor riztbaeutiodtnal(s) ofor 2012 990) (ScFhonnedule Transacti R IV, Part 990, W Form answer "Yes" orif to (COrRelgWith the ompl anigaanzietaedtgidotons nens sIV this of III, II. lciline Parts 1 ienti Compl hor Note. sin is edulany tedfeteyte 1 N-CU'U0 relrof Exchange gassets anaizateiod_n(_s)_ orelrother asset to gequiof fLease aor naciiztalpeitmentodisen(s,s) , ofrom relof rPurganaiczthaetasiodne(s) owith Dlvdendsfromrelt dorga.niza.tion(s). SaleOfas ets0r ated0r9a.n.Izat.I0n(s) assets orelpaid rto Rgexeiamnabpiuzenstrasetmioden_t(s) paid oby for rRgexeaimlnapbiuzenstrasetmioden(ts) ofrom relrother asset gof fLease acior natizetsa,e'tiqodusin_pm(se)nt, orelfor sfrmeoguof Plaiendrcaor nrismtfoaezbtreimavodinarcsneihcn(seigp oby rsfmeeoguof Plaindrecor nasirmtfezaoberteaivmodincrase_i(nhcsei)gp orelwirother paid of Shari egalnaiztaeihodnp_n(s)_gloyees for lists. maigequiof asset fShari aor naciiztalpetihmentodisne_(nss,g) . orwieml IoUl.C._._. .z_E 110:IV K922 PM 52638)2-/13/2014 171:.1-52SM hrcover ithis compl line, enawho for must lthe ni"Yes, clof above fstoIf the to on hiarsee otuis cmany ansnutldiidaescothndienowptgsere" cash orto tOther prof egralor naonsfiztperaetidoe_nrt(sy) orfrom of Oegtalhor prcash naeoirztperaet.inodsnfe(str)y. tand (1) (2) (3) (4) (5) (5) JSA I000 2E13091 Page4 {\ (SR 2012 990) cFhorm edule 45-268641 120- 096 40- 07 672 rgan'z1065) (mFftax under'"rormso7 m No Yes5s1e2m.5.1-4) ouacse,uno-erunsaxe szzig) T ;210 aiIbo; Ermelon (osamc orn: (relzteg, orlTwdoma, tc:nfamcTt1-miotno(r :se?JmSf-aplJc:{ lear;dl:C9e:l (9) (ll (l) (h) (G) (b) (f) (R) 3"Pa"Coda GonrN9 070 dPLegal V-Shaw roeDUmdpsham ioflnoeampnmar iBI'pacl5noraelnomutalvegnay 110:V PM 2-171:.152 TRUST LINITBIARETIVE ITHE. I I I (ll EIaentand of Name. d rNeisty, 5/K922 2638E}13/2014M S990) 2012 (cFheonndule W R five of cwhiits (than by tmasset the oparfor apercent ifPrenti each taxed hncromorfgeasta ducrough as ilaotvrnmivitceruizawiehtdrseiothenodiynpg pafor excicerrSee relnthat oenot vrsegarta glwas gross or snrvenue) uatemnasctrieszdonahidtnsposgn. "Yes" 990, Form line IV, ansif Part 37.) or(ParTaxabl the OrCUnron gompl as a aniwtaneerlizaetasedthiotinspne total JSA 251310 1000 .. THE ITIBRE. INITIATIVE TRUST . 45-2686411 Schedule R (Form 990) 2012 Page 5 Supplemental Information Complete this part to provide additional information for responses to questions on Schedule R (see instructions). Schedule R (Form 990) 2012 2E1510100U 2638EM K922 5/13/2014 10:11:52 PM V 12-7.12 120-0096940-0077672 Form 3368 (Rev 1-2013) Page 2 0 If you are filing for an Additional (Not Automatic) 3-Month Extension, complete only Part II and check this box _ _ _ _ _ _ _ _ > i_XJ Note. Only complete Part II it you have already been granted an automatic 3-month extension on a previously led Form 8868. 0 If ou are filing for an Automatic 3-Month Extension, complete only Part I (on page 1) m Additional (Not Automatic) 3-Month Extension of Time. Only le the original (no copies needed). Enter filer's identifying number, see instructions Name of exempt organization or other filer, see instructions Employer identification number (EIN) or Type or print THE LIBRE INITIATIVE TRUST 452686411 He by the due date for Number, street, and room or suite no If a P 0 box, see instructions 38 05 PLANTATION GROVE BOULEVARD, STE #51 2$I}nY:e instructions City, town or post office, state, and ZIP code For a foreign address, see instructions MISSION, TX 78572 Social security number (SSN) Enter the Return code for the return that this application is for (file a separate application for each retum) . . . . . . . . . . . . i_0l IJ Application Return Application Return Is For Code Is For Code Form 990 or Form 990-EZ Form 990-BL 01 02 . i ,, Form 1041-A Form 4720 (individual) Form 990PF 03 04 Form 4720 Form 5227 _ i , V I . 08 09 10 Form 990~T (sec 401 (a) or 408(3) trust) 05 Form 6069 11 Form 990-T (trust other than above) 06 Form 8870 12 STOP! Do not complete Part II if you were not already granted an automatic 3-month extension on a previously filed Form 8868. 0 The books are in the care of > DANIEL GARZA Telephone No. D 956 519-4200 FAX No. D _ 0 if the organization does not have an office or place of business in the United States, check this box _ _ _ _ _ _ _ _ _ _ _ _ , _ _ P D 0 If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this is for the whole group, check this box _ _ _ _ _ _ > D . If it is for part of the group, check this box _ _ _ _ _ _ _ P and attach a list with the names and E Ns of all members the extension is for. 4 5 6 I request an additional 3-month extension of time until O5/15 , 20 14 For calendar year , or other tax year beginning 07/01 , 20 12 , and ending O6/30 , 20 13 If the tax year entered in line 5 is for less than 12 months, check reason Initial return U Final return Change in accounting period State in detail why you need the extension ADDITIONAL TIME IS REQUIRED TO ACCUMULATE THE INFORMATION NECESSARY TO FILE A COMPLETE AND ACCURATE RETURN. 7 Ba If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any nonrefundable credits Seeinstructions. 8a S b estimated If this application is for made. Form 990PF, 990-T, 4720, 6069, enterallowed any refundable credits tax payments Include any prior year or overpayment as a credit and and any __ amount paid previously with Form 8868 8b S c Balance Due. Subtract line 8b from line 8a Include your payment with this form, if required, by using El-"FPS (Electronic Federal Tax Payment System). See instructions so 5 Signature and Verication must be completed for Part II only. Under penalties of perjury, I declare that l have examined this form, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete, and that I am authorized to prepare this fomi Signature P 1itle D Date F Form 8868 (Rev 1-2013) Locator 2638EM and under account JSA 2i=eo552ooo B98P 2/3/2014 7:47:43 PM PAGE 1 F.,,,., 8868 Application for Extension of Time To File an Ii] 0 If you are filing for an Additional (Not Automatic) 3-Month Extension, complete only Part II (on page 2 of this form). Do not complete Part II unless you have already been granted an automatic 3-month extension on a previously led Fonn 8868 Electronic filing (e-le). You can electronically le Form 8868 if you need a 3-month automatic extension of time to le (6 months for a corporation required to file Fonn 990-T), or an additional (not automatic) 3-month extension of time. You can electronically file Form 8868 to request an extension of time to file any of the forms listed in Part I or Part II with the exception of Form 8870, Information Return for Transfers Associated With Certain Personal Benet Contracts, which must be sent to the IRS in paper format (see instructions) For more details on the electronic filing of this form, visit www irs gov/efile and click on e-/e for Charities & Nonprots Automatic 3-Month Extension of Time. Only submit original (no copies needed). A corporation required to file Form 990-T and requesting an automatic 6-month extension - check this box and complete Part I only . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _ . > :l All other corporations (including 1120-C lers), partnerships, REM/CS, and trusts must use Form 7004 to request an extension of time to fl/e income tax returns. Enter ler's identifying number. see instructions Name of exempt organization or other filer, see instructions Employer identification number (EIN) or Type or pm THE LIBRE INITIATIVE TRUST glgliaigior ling your E" 599 instructions 45-2686411 Number, street, and room or suite no If a P 0 box, see instructions 38 O5 PLANTATION GROVE BOULEVARD, STE #51 City, town or post office, state, and ZIP code For a foreign address, see instructions MISSION, sc a secumy number (SSN) TX 78572 Enter the Return code for the return that this application IS for (file a separate application for each retum) . . . . . . . . . . . . _0l_1J Application Is For Return Code Return Code Application Is For Form 990 or Form 990-EZ Form 990-BL 01 02 Form 990-T (corporation) Form 1041-A 07 08 Form 4720- (individual) Form 990-PF 03 04 Form 4720 Form 5227 09 10 Form 990-T (sec. 401(a) or 408(a) trust) Form 990-T (trust other than abovgL 05 06 Form 6069 Form 8870 11 12 0 The books are in the care of D DANIEL GARZA Telephone No. D 956 519-4200 FAXNo. > 0 If the organization does not have an office or place of business in the United States, check this box _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ > D 0 If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this is for the whole group, check this box _ _ _ _ , _ > E] If it is for part of the group, check this box _ _ _ _ _ _ _ D and attach a list with the names and ElNs of all members the extension is for 1 I request an automatic 3-month (6 months for a corporation required to file Form 990-T) extension of time until 02/17 , 20 14 , to file the exempt organization return for the organization named above. The extension is for the organization's return for > - calendar year 20 or > tax year beginning 07/01 , 2012 , and ending 06/30 , 20 13 2 If the tax year entered in line 1 is for less than 12 months, check reason. E] Initial return Change in accounting period E] Final return 3a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter ie tentativ_e tax les_s any nonrefundable cr'editsSeeinstruction _ _ " _ E A I E _ 3a 5 b If this application is for Fonn 990-PF, 990-T, 4720, or 6069, enter any refundable credits and estimated tax payments made. Include any prior year overpayment allowed as a credit. 3b s c Balance due. Subtract line 3b from line 3a Include your payment with this form, if required, by using EF' 1S (Electronic Federal Tax Payment System). See instructions. 3c s Caution. If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453-E0 and Form 8879-E0 for payment instructions For Privacy Act and Papenuork Reduction Act Notice, see Instructions. Form 8868 (Rev 1-2013) JSA 2F80542000 11/10/2013 10:59:25 PM PAGE 1