Return of Organization Exempt From Income Tax m 990 Under section 501(c), 627. or 4947(a)(1) oi the tnternai Revenue Code (except private foundations) Open to Pubilc P 00 not enter Social Security numbers on this form as It may be made public. Department at tho Treatury > Information about Form 930 and its instructions In at mmhsgovllomlstio. internal Revenue Senrco inspection 07/01. 2013, and ending A For the 2013 calendar year, or tax year begiiting 06/30. 20 14 0 c Name at organization Employer Idontmcetlon number B Chat! llamas-e 4 5 - 2 6 8 64 1 1 THE LIBRE INITIATIVE TRUST Add" II "I," WWI Doing Business As Number and street (or PO. box if mail is not delivered to street address) mnmm 1320 NORTH COURTHOUSE ROAD mm M." City or tot-m, state or province. country. and ZIP or Foreign postal code charm I'm?" Roomlsuite A-300 ARLINGTON, VA 222 O 1 Ancient-on lesoucu 4 )4 (Marina) I I Tax-exemptstatus; J Websitei b WWW.THELIBREINITIATIVE.COM K Form olorganizatloml 9 , 884 r 94 9 Yes STE A-300 ARLINGTON, VA 22201 tub) Au "Honolulu-Much 1320 NORTH COURTHOUSE ROAD , Igorporallon I X ITrustl 678 -4577 Hm is this a glove return tor mummies? LI ZETTE HERRAI z pending 1501mm (703) G Gross receipts 5 F Name and address 0! principal officerz 1 E Tetephone number I4947(a)(1)or i I 527 [other P No No it 'ttq' attach a list. (no lrulructlonl) mo) Group emmpt'on number [Association] X You b ILYeeroHormaliont 2011! M Stateoiiegeidomlciie; DB Summary 1 Brieily describe the organization's mission or most signiiicant activities; IISIIEjzl .SSFPPPELE I9----------------------------- g ....................................................................................... 3,3 (3 z g 'EJI < 2 Check this box > D it the organization discontinued its operations or disposed of more than 25% of its notassets? ------------ 3 4 6 6 73 b Number oi voting members of the governing body (Part VI. line ta) I I . I . I I Number oi independent voting members of the governingbodHPartVi. line 1b)I Total number of Individuals employed in calendar year 2013(Partv. IineZa)I . . Totalnumberoivotunteersiesllmatalinecessary) . I . I I I I I I I I I I I Total unrelated business revenuefrom PartVilt, column (0). lmetz . I I . I Net unrelated business taxable Income from Form 990-T. line 34 . . . . . . . . a, 8 Contributions and granls(PartVill,llne 1h)I I I g 9 5E 10 11 12 13 14 X! 15 2 18a ; . . . I 5-I I lr'ItI Ir; I . . I I . ............... I I . . , . I I I I . . I . I I I I I I I I I I I I I I I I I I . I I I I I I . I I I . . . . . . . . . . . . Prior Year . I I . Program service revenue (PartViil, line 29). I I I . I I I EICIEFII I/I'f I I Investment income (Part Vlil.oolumn (A). lines 3. c8 d7d)I IIIIIII I I . Other revenuetPart Vill. column (A). lines 5. 6d. c559 . 10m 1?)Y,"D'15 I Total revenue - add lines 8 through 11 (must equ Ea tVil ,coumn (A . line 12) . Grants and similar amounts paid(Part iX. column (A). lines-4.3 I I I I . I I I Beneiiis paid to or for members (Part IX, column (It). tine @na FIN, Uni. Salaries,othercompensalion.employee benefits( on ix, column (A). lines 5'10). Professional fundraising tees (Part ix. column (A). line 11s) I I I . I I I . I I I I I I . I I . .8. IQ I .00 . I'ltI I I .j. . . I I I I 3 4 6 6 78 7b 1. 1. 35. 180. O 0 Current Year I . 4,970,000. 9,501,176- I I I . I . . I I I . I 0 938. 0 4 r 9701 933 12,500. 0 1, 660, 403. 0 0 4,760. 4, 000. 9. 509 I 936275,000. 0 2,439,988. 0 2,252,130. 3,925,033. 6,666,976. 9,381,964. b Total iundralsing expenses (Part IX. column (D), line 25) 5-1-1..--111---.9------ w 17 18 Otherexpenses (Partix.column (A). Ilnest1a-11dI11t-24e) I I I I I I I I I I I I I . I . Total expenses. Add lines 13-17(mustequai Part IX, column (A). linezs) I I I I I . I I I I 19 Revenuelessexpenses.Subtractlinatairomlinem. . . . . . . . . . . . . . . . . . . . 6% as 20 1,045,905. 127,972. Beginning of Current Year End of Year Totalassets(PartX.line16)IIIIIIIIIIIIIIIIIII IIIII ........ 2,246,928. 513 21 Totalliabiiittes(PartX.lln326)IIIIII 149,809. 345,755. 2,097, 119- 2,272, S32 . g; 22 Netassetsortund balances. Subtract line 21 irom line 20. . . ...... . . . . . . . 2,618,287. Signature Block Under penalties oi perjury. I declare that l have examined this return. including accompanying schedules and statements. and to the best oi my knowledge md belief. it Is true, correct. and complete. Dylaration or preparer (other than oiticer) is based on all inlormetton oi which preparer has any knowiedg . Stgn , Signature 14.0% oi pincer Here M? / ,- lief/(r6 [rem/4t z Date r r / I r/1 15* 0 z mug/reg, Type or print name and title PrintIType preparers name P opera 5 euro Date onechJ It )WI Paid MAY 1 5 20 Pro arer MICHAEL J ENGLE UsepOnIy Firm'sname )BKD, LILP ' Flrrn'a address D1201 mum-r. sun-e moo KANSAS CITY, no 64106-2246 sett-empioyed PTIN P00482834 Flm'l's EIN 5114-0160260 Phone no. 816 221-6300 May the IRS dtscussthls return with the preparer shown above? (see instructions) I I . I I I IIIIIIIIIIIIII I I I I I m Yes For Paperwork Reduction Act Notice. see the separate instructions. I ] No Form 990 (2013) JSA 3E10101000 mg THE LIBRE INITIATIVE TRUST 45-2686411 Form 990 (2013) Page 2 Statement of Program Service Accomplishments Check if Schedule 0 contains a response or note to any line in this Part ill ........................ 1 Briefly describe the organization's mission; OUR MISSION (I.E., IS TO ADVANCE RESPONSIBILITY) OF ECONOMIC FREEDOM FREE ENTERPRISE AND PERSONAL HISPANIC COMMUNITY TO THRIVE PROSPEROUS AMERICA. Did the organization undertake any significant program services during the year which were not listed on the Prior Form 990 0r 990-EZ? 3 RULE OF LAW, THAT EMPOWER THE U.S. AND CONTRIBUTE TO A MORE 2 PRINCIPLES AND VALUES LIMITED GOVERNMENT, Yes D No D Yes No .............................................. If "Yes," describe these new services on Schedule 0. Did the organization cease conducting, or make significant changes in how it conducts, any program services? ................... 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 (Coder )(Expenses$ 3 389 977. including grants Of$ 275 000. )(Revenue$ 4 000. ) LIBRE COORDINATED AND EXECUTED PROGRAMMING EFFORTS TO INFORM THE U.S. HISPANIC POPULATION ON ECONOMIC FREEDOM PRINCIPLES BY HOSTING COMMUNITY DAY EVENTS SUCH AS FINANCIAL LITERACY, HOW TO PASS THE WRITTEN DRIVING TEST, PRAYER BREAKFASTS, POLICY FORUMS, HELPING SMALL BUSINESSES, AND U.S. CIVICS & CITIZENSHIP WORKSHOP. WE ALSO ENGAGED IN MEDIA INTERVIEWS, SPEAKING ENGAGEMENTS (SUCH AS PANELS AND POLICY ROUNDTABLES), AND PARTICIPATED AT THIRD-PARTY EVENTS AND CONFERENCES ACROSS THE COUNTRY. SEE SCHEDULE 0 FOR CONTINUATION. 4b (Code; ) (Expenses $ including grants of $ ) (Revenue $ ) 4c (Code; ) (Expenses 5 including grants of $ ) (Revenue $ ) 4d Other program services (Describe in Schedule 0.) (Expenses $ including grants of $ 4e Total program service expenses b 8, 389, 977 . ) (Revenue $ ) 3510;50A2 coo FW" 990 (2013) 2638EM K922 5/15/2015 3=28202 PM V 13-7.15 120-0096940-0077672 THE LIBRE INITIATIVE TRUST 45-2686411 Form 990 (2013) Page 3 Checklist of Required Schedules . 1 No is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," 2 3 4 5 6 1 8 9 10 11 Yes complete Schedule A .................................................. 1 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 office? If "Yes," complete Schedule C, Part] ....................... . . . . 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 II .................. . . . . 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 .......................................................... Did the organization maintain any donor adwsed funds or any Similar funds or accounts for which donors have the right to prowde advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part] ........................................... 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 services? If "Yes,"complete Schedule D, Part N ............... . ........... Did the organization, directly or through a related organization, hold assets in temporariiy restricted endowments, permanent endowments. or quasi-endowments? If "Yes,"complete Schedule D, Part V ....... 2 X X 3 X 4 5 X 6 X 7 X 8 X 9 X 10 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. a Did the organization report an amount for land, buildings, and equipment in Part X. line 10? If "Yes," complete Schedule D, Part VI .............................................. 118 b 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 VII ,,,,,,, . ..... . I I I c 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 IIIIIIIIIIIIIII I it 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 IIIIIIIIIIIIIIIIIIIIIIIIII e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes,"complete Schedule D, PartX 11b X X 11c X 11d 119 X X the organization's liability for uncertain tax positions under FIN 48 (A80 740)? If "Yes," complete Schedule D, PartX IIIIII 11f X 12 a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts XI and XII ......................................... 123 X f Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses b Was the organization included in consolidated, independent audited finanCIal statements for the tax year? If "Yes," and if 12b X 13 Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E .......... 13 14 a Did the organization maintain an office, employees. or agents outSIde of the United States?............. 14a b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraismg, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts land N ........... 14b 15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If "Yes," complete Schedule F, Parts II and N ...................... 15 16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other aSSistance to or for foreign individuals? If "Yes," complete Schedule F, Parts III and N ................ 16 17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part lX, column (A). lines 6 and 11e? If "Yes,"complete Schedule G, Part I (see instructions) ........... 17 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 ............................ 18 19 Did the organization report more than $15,000 of gross income from gaming activities on Part Vlll, line 93? If "Yes," complete Schedule G, Part III .......................................... 19 20 a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H ............. 20a the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional .............. X X X X X X X X X b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? ...... 20b JSA Form 990 (2013) 351021 1 000 2638E1M K922 5/15/2015 3t28z02 PM V 13-7.15 120-0096940-0077672 THE LIBRE INITIATIVE TRUST 45-2686411 Form 990 (2013) Pme 4 Checklist of Required Schedules (continued) . 21 22 23 Yes Did .the organization report more than $5,000 of grants or other assistance to any domestic organization or government on Part IX, column (A), line 1? If "Yes,"complete Schedule I, Parts I and II ............... Did the organization report more than $5,000 of grants or other assistance to indiwduals in the United States 21 on Part IX, column (A), line 2? If "Yes," complete Schedule I, Parts I and III ...................... 22 No X X Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current and former omcers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J ....................................... 24a 23 X 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 25a ............................. 24a b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?....... 24b c X Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?............................................ 24c d 25a b 26 27 28 a b c 29 30 Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? ...... 24d Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes,'complete Schedule L, Part! ................... 25a Is the organization aware that it engaged in an excess benetit 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? X If 'Yes,"complete Schedule L, Partl .......................................... 25b X Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payable to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If so, complete Schedule L, Part II IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII 26 Did the organization provide a grant or other a55istance 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 ............... 27 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 current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV. ....... 28a A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV. ................................................... 28b 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 ......... 28c Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M 29 Did the organization receive contributions of art, historical treasures, or other Similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .............................. 31 32 33 34 Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Fad! ........................................................... 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, Paitl .................... Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV and Part V, line 1 ................................................. 35 a b 36 37 38 X X X X X X 30 X 31 X 32 X 33 X 34 X Did the organization have a controlled entity within the meaning of section 512(b)(13)? ,,,,,,,,,, . , 35a X if "Yes" to line 353, 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,,,,,, 35b X 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 ,,,,,,,,,,,,,,,,,,,,,,,,,, 36 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 partnership for federal income tax purposes? If "Yes," complete Schedule R, PadVI ................................. .. .... ..... .... .... .... .. 37 X Did the organization complete Schedule 0 and prowde explanations in Schedule 0 for Part VI, lines 11b and 19? Note. All Form 990 filers are reguired to complete Schedule 0 ......................... 38 X Form 990 (2013) JSA 3E1030 1 000 2638EM K922 5/15/2015 3=28t02 PM V 13-7.15 120-0096940-0077672 THE LIBRE INITIATIVE TRUST 45-2686411 Form 990 (2013) Page 5 Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule 0 contains a response or note to any line in this Part V ..................... E] g 1a Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ,,,,,,,,,, Yes 1a 31 b Enter the number of Forms W-ZG Included in line 1a. Enter -0- if not applicable ,,,,,,,,, 1b 0 c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?................................ 1C 2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending With or within the year covered by this return , 2a 35 b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? 2b Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see Instructions) ....... 3a Did the organization have unrelated business gross income of $1 ,000 or more during the year? ,,,,,,,,, . 3a b If "Yes," has it filed a Form 990-T for this year? If "No" to line 3b, provide an explanation in Schedule 0 ,,,,,, , 3b 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 Form 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 taxyear? ,,,,,,,, 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 53 or 5b, did the organization file Form 8886-T? ,,,,,,,,,,,,,,,,,,,,,,,,,,,, Ga 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 I 7 I i 9 X i X 48 X 5a 5b 5c X X X gifts were not tax deductible? .............................................. 6b X Organizations that may receive deductible contributions under section 170(c). a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payer? ........................................... 7a b If "Yes," did the organization notify the donor of the value of the goods or services provided? ,,,,,,,,,,,, c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? ............................................... d If "Yes," indicate the number of Forms 8282 filed during the year ,,,,,,,,,,,,,,,, 7d e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ,,,,, 7b it If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-0? 8 X 53 9 If the organization received a contribution of qualified intellectual property. did the organization file Form 8899 as required? , , No 7c J 79 7f 13 7h Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting 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? ....................... a b 10 a b 11 a b Sponsoring organizations maintaining donor advised funds. Did the organization make any taxable distributions under section 4966? ,,,,,,,,,,,,,,,,,,,,,,, Did the organization make a distribution to a donor, donor advisor, or related person? ,,,,,,,,,,,,,,,, Section 501(c)(7) organizations. Enter. Initiation fees and capital contributions included on Part Vlll, line 12 ,,,,,,,,,,,,,, 10a Gross receipts, included on Form 990, Part VIII. line 12, for public use of club facilities , . , , 10b Section 501(c)(12) organizations. Enter; Gross income from members or shareholders .......................... 11a Gross income from other sources (Do not net amounts due or paid to other sources 8 i 9a 9b against amounts due or received from them ) ........................... 11b 12a b 13 a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? If "Yes," enter the amount of tax-exempt interest received or accrued during the year ,,,,, 12b Section 501(c)(29) qualified nonprofit health Insurance Issuers. Is the organization licensed to issue qualified health plans in more than one state? ,,,,,,,,,,,,,,,,,, Note. See the instructions for additional information the organization must report on Schedule 0. b Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans .................... 13b 123 13a c Enter the amount of reserves on hand ............................... 13C 143 Did the organization receive any payments for indoor tanning services during the tax year? ,,,,,,,,,,,,, 143 X b If "Yes," has it filed a Form 720 to report these payments? If "No,"prov1de an explanation in Schedule 0 ...... 14b JSA Form 990 (2013) 3E1040 1 000 2638EM K922 5/15/2015 3=28z02 PM V 13-7.15 120-0096940-0077672 Form990 (2013) Part VI THE LIBRE INITIATIVE TRUST 45-2686411 Pages Governance, Management, and Disclosure For each "Yes' response to lines 2 through 7b below, and for a "No" response to line 83, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule 0. See instructions. Check if Schedule 0 contains a response or note to any line In this Part VI ................. . ...... Section A. Governing Body and Management Yes 1a Enter the number of voting members of the governing body at the end of the tax year ----- No 1a 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 ..... 2 1b Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? ................................ 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 1 2 X 3 X 4 Did the organization make any significant changes to Its governing documents Since the prior Form 990 was filed? ...... 4 X 5 6 73 Did the organization become aware during the year of a Significant diversion of the organization's assets?. . . . Did the organization have members or stockholders? ................................ 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/l .................................... Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? .............................. Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following; 5 6 X X b 8 7a X 7b X a The governing body? .................................................. 88 b Each committee with authority to act on behalf of the governing body? .................... . . 8b X 9 X 9 Is there any officer, director, trustee, or key employee listed in Part VII. Section A, who cannot be reached at the organization's mailing address? If "Yes,"provide the names and addresses in Schedule 0 ........... X Section B. Policies (This Section B requests information about glides not required by the Intemal Revenue Code.) Yes 10a b Did the organization have local chapters, branches, or affiliates? .......................... 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? . . . 11 a Has the organization prowded a complete copy of this Form 990 to all members of its governing body before filing the form? . b Describe in Schedule 0 the process, if any, used by the organization to review this Form 990. 12a Did the organization have a written conflict of interest policy? If 'No, " go to line 13 ................ b Were officers, directors, or trustees, and key employees required to disclose annually Interests that could give rise to conflicts? .................................................... c 1.03 X 10b 1 13 X 123 X 12b X Did the organization regularly and consistently monitor and enforce compliance with the policy/2 If "Yes," describe in Schedule 0 how this was done .................................... . . 12c X 13 Did the organization have a written whistleblower policy? .............................. 13 X 14 15 Did the organization have a written document retention and destruction policy? .................. Did the process for determining compensation of the followmg persons include a review and approval by Independent persons, comparability data, and contemporaneous substantiation of the deliberation and deClSlon? 14 X L53 15b X X a The organization's CEO, Executive Director, or top management official ...................... b Other officers or key employees of the organization ................................. 16a If "Yes" to line 15a or 15b, describe the process in Schedule 0 (see instructions). Did the organization invest in, contribute assets to. or participate In a Icint venture or Similar arrangement with a taxable entity during the year? ......................................... b No 163 X 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? ,,,,,,,,,,,,,,,,,,,,,,,,, 169 Section C. Disclosure 17 18 List the states with which a copy of this Form 990 is required to be filed D 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 for public ins ection. indicate how you made these available. Check all that apply. 19 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 Own webSIte 20 Another's website omanization; >DANIEL GARZA Upon request 1320 NORTH COURTHOUSE ROAD, [Z] Other (explain in Schedule 0) STE A-300 ARLINGTON, VA 22201 703-678-4577 JSA Form 990 (2013) 3E1042 1 000 2638EM K922 5/15/2015 3228=02 PM V 13-7.l5 120-0096940-0077672 Form 990 2013) m THE LIBRE INITIATIVE TRUST 45-2686411 Page7 Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check it Schedule 0 contains a response or note to any line in this Part VII ...................... E] 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 officers, directors, trustees (whether Indivrduais or organizations), regardless of amount of compensation. Enter -0- In columns (D), (E), and (F) if no compensation was paid. 0 Lrst all of the organization's current key employees, If any. See instructions for definition of "key employee." 0 List the organization's five current highest compensated employees (other than an officer. director. trustee. or key employee) who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 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 orderz individual compensated employees; and former such persons. trustees or directors; institutional trustees; officers; key employees; highest D Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee. (A) Name and Title (C) Posmm (d0 n01 Check more than one (3) Average hours per bOX. unless person ls both an week (list any ofEcer and a director/trustee) hours for o -. related organizations below mm line) 1 o x (D) Reportable (E) Reportable (F) Estimated compensation from compensation from related amount of Other . compensation a, I 1, the organizations '9' E E7 3 3 a? 3 organization (W-2/1099-MISC) 3 go a; .-. '1 a 5 g ID - 8; 9; (W-2/1099-MISC) 0, a S 1o; .< a, 3 3. g 8 a o 'u 27 a % 8 a from the organization and related . . organlzatrons Q -iDEEEETIE-EE.EE&I.Z.---------------1 ---.5.-.0.0. TRUSTEE 0 X 0 0 0 -ilinlleEEEEZA-1"-"1-1--------- "31-99. EXECUTIVE DIRECTOR/TRUSTEE 3.00 X X 178,119. 0 32,472. X 139,447. 0 5,918. X 141, 114 . 0 5, 961 . X 101, 947 . 0 5, 961 . -IWPEEIE-CASEI.EEO.-------------1- "33.74.09. CHIEF OPERATING OFFICER 3.00 -19995EEEEEE11"-1-----------n"1 11491-991 NATIONAL STRATEGIC DIRECTOR O -13512EEEEEQBEEEE-1"-"--------- --59.-9.O. SOUTHWEST REGIONAL DIRECTOR 0 -112)....................................... -1!)....................................... 11!)....................................... -19.)....................................... 110.)....................................... 11.1.)111111111111111111111111111111111111111 11.2.)....................................... 11.3.)....................................... 11.4)....................................... ' JSA 321041 1 000 Form 990 (2013) 2638EM K922 5/15/2015 3z28z02 PM V 13-7.15 120-0096940-0077672 45*2686411 THE LIBRE INITIATIVE TRUST Form 990 (2013) Page 8 Section A. Officers, Directors, Trustees, Ke . (A) Name and title Employees, and Highest Compensated Employees (continued) (B) (C) (D) (E) (F) Average Position Reportable Reportable Eatlmated compensation from (do not Check more than one compensation wuk (list any hours nor box, unless person ls both an from related other hours for oflicer and B director/trustee) the orgamzauons compensatlon organization (W-2/1099-MISC) 'e'md ii a g 5 5% 3" amount of "0'" "'9 Omanm'm a a 5g 8I ao %E 33 %" (W-2/1099-MlSC) below dotted a = in line) Wamzm" and related - 9- 2 a .2 E T a 3 a E w o 8 3 8 g i m E organizetlons 1b Sub-total ............... . ...................... > 560' 627- c Total from continuation sheets to Part VII, Section A ............. b 0 dTotal (add llnes 1b and 1c) ............................ > 560,627. 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 > 4 0 50' 312- 0 0 0 50,312. y Yes , 3 4 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 .......................... 3 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 No 1 x X 5 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,"complete Schedule J for such person ................ 5 Section B. independent Contractors 1 Complete this table for your live 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. 1 ORCI (A) (B) (c) Name and busmess address Description of services Compensation SANTA MONICA, SMART MEDIA GROUP, NOISEWORKS MEDIA CA 90405 LLC MEDIA BUYING ALEXANDRIA, CORAL GABLES, VA 22314 FL 33134 398, 356. MEDIA BUYING MEDIA BUYING i X 384 , 825 . & PROD. 331, 820 . DEL CIELO MEDIA, LLC ALEXANDRIA, VA 22314 MEDIA BUYING 278, 375 . FREETHINK MEDIA, LLC WASHINGTON, DC 20004 MEDIA PRODUCTION 278, 091 . 2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization b 5 JSA 3E10551 000 Form 990 (2013) 2638EM K922 5/15/2015 3228;02 PM V 13-7 . 15 120-0096940-0077672 Form 990 (2013) 45-2686411 Page 9 THE LIBRE INITIATIVE TRUST Statement of Revenue Check if ScheduleOcontainsaresponse or note to any line in this PartVlll , , . , . . . , , . , , , , . , . , , . , . , I3 1 (A) (B) (C) Total revenue Related or Unrelated Revenue exempt business excluded from tax function revenue under sections revenue 132 1a Federated campaigns . . . . . . . . 1a 33 b Membershipdues . . . . . . . . . 1b a"? c Fundraismgevents . . . . . . . . . 1c 5.; d Related organizations . . . . . . . . 1d Eye, 0 Government grants (contributions). . 1e 22 56 1' All other contnbutlons. grits. grants. and Similar amounts not Included above 1' 5; g Noncash contributions included in lines 1a-1f. $ h Total.Add lines 1a-1f . . ..... . . . . . . . . . . . . P . (D) 512-514 945011175750,025- E .. -m 1 222;; z , A 22.4. .2. V; . >- g. 91501.176. Buelness Code g 2a g b 2 c 8 d E e 3' 7 J."- All other program service revenue . . . . . gTotai.Addiinesza-21...................> 3 0 Investment income (including diVIdends, interest. and others'imilaramounts). . . . . . . . . . . . . . . . . . . > 3,426. 4 Income from investment of tax-exempt bond proceeds . . . , 0 5 Royalties-------------------- ..... F o (i) Real 6a 3,426. (ii) Personal Gross rents . . . ..... Less rental expenses . . . c Rental income or (loss) d Net rental income or (loss) ............. . . b . . (i) Securities 7a b Gross amount from sales of assets other than inventory 376' 347- Less cost or other basis and sales expenses . . . . c d g as 375.013- Gainor(loss) . . . . . . . 1.334. Netgalnor(loss) . . . . ....... . . . . . . . . . . D L334. 1,334 Gross income from fundraismg 5 events (not including $ 3 of contributions reported on line to). E o (ii) Other See Part iv, line 18 ........... a 2 b Less; direct expenses ......... . 5 c Net income or (loss) from fundraismg events . . ...... P 9a b c 10a b 1; Gross income from gaming actiVIties. SeePaith,line19 . , , , , , . , , , . b a Lesszdirectexpenses.......... b Net income or (loss) from gaming actiVIties. . . . . . . . . D Gross sales of inventory, less returns and allowances , , , , , , , , , 0 0 a Less costofgoodssold......... b Net income or (loss) from sales of inventory. . . . . . , . , p Miscellaneous Revenue Buslness Code 0 113 b c 12 d All other revenue . . . . . . . . . . . . . a Total,Addlines11a-11d . . . . . . . . . . ....... b 900099 4,000. 4,000. Total revgig. See instructions .......... . . . . D 9,5091936, 4.000. l 4,000 JSA 351051 1 000 2638EM K922 4,760. Form 990 (2013) 5/15/2015 3=28202 PM V 13-7.15 120-0096940-0077672 Form 990 (2013) THE LIBRE INITIATIVE TRUST 45-2686411 Page 10 Statement of Functional Expenses Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A). Check if Schedule 0 contains a response or note to any line in this Part IX ,,,,,,,,,,,,,,,,,,,, I . I I Do not men-Ida amounts reported on [mes 6b' 7b' 8b, 9b, and 10b of Part VIII. 1 Total eigenses Prograggemce Mensa Managggzent and general expenses Funglrgismg menses Grants and other assistance to governments and organizations in the United States See Part N, line 21 2 . 275 I 000 - 2 7 5 I 000 - Grants and other assmtance to IndiViduais in the United States See Part iv, line 22 ...... 3 0 Grants and other asSIstance to governments, organizations. and individuals outside the United States. See Part IV. lines 15 and 16I I . 4 Benefits paid to or for members ,,,,,,,,, 5 Compensation of current officers. 0 0 directors, trustees.andkeyemployees . . . . . . . . . . 6 Compensation not included above. to 354I218- 268I393- 35I825- 1,494,561. 203,804. disqualified persons (as defined under section 4958(I)(1)) and persons described in section 4958(c)(3)(B) IIIIII 7 Othersalariesandwages IIIIIIIIIIII O 1,698,365. Pension plan accruals and contributions (include section 401(k) and 403(b) employer conlnbutions) ...... l 8 I 4 95 - l6I 276 - 2I 2l9 - Otheremployeebenefits ............ 212r716- 187,190. 25/526- 10 Payrolitaxes .................. 156I194- 140I575- 15I619- 53'77011920- 9 11 Fees for serVIces (non-employees); a Management ................. 0 bLegal ..................... cAccounlIng .................. 142r3411r 920- 88'571- dLobbymg ................... 984I970- 984I970- a Professional fundraismg senrices See Part N. line 17. 0 f investment management fees 0 ,,,,,,,,, 9 Other (If line 119 amount exceeds 10% of line 25, column (A)amount.listllnei1gexpensesonScheduleO)A?gH .1. 2'418'529' 12 13 Advertismg and promotion ,,,,,,,,,,, Offloeexpenses ................ O 249,306. 14 information technology ............. 0 15 Royalties .................... 15 2'246'098' 172'431' 124,653. 124,653. 0 Occupancy .................. 289'201' 2161901' 72'300' 17 Travel ..................... 659,155. 580r056- 79,099- 9 9 I 581 - 87 I 588 - 18 Payments of travel or entertainment expenses for any federal. state. or local public officials 0 19 Conferences, conventions. and meetings I . I . 187 I 2 69 . 20 Interest .................... 0 21 Payments to affiliates .............. 0 22 Depremation. depletion. and amortization . I I I 22 I 127 - 23 lnsurance ................... 201513- 15'460- 5,153- aP-U-B-L-I-C-E-DI-JC-ZATI-Qli ggggggggggggg 1,645,109. 1,636,851. 8,258. bILI-C-E-N-S-EgEEEE ----------------- 13,248. 6,624. 6,624. 33,188' 9,381, 964. 8I2178,389, 977. 24,971991, 987. 24 Other wenses itemize expenses not 22 I 127 - covered above (List miscellaneous expenses in line 24a If line 24e amount exceeds 10% of line 25. column (A) amount. list line 24a expenses on Schedule 0.) c, ........................... dI, ........................... eAiiotherexpenses IIIIIIIIIIIIIIIII 25 Total functional expenses. Add lines 1 through 24c 26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraismg solicitation. Check here D E] if foilowmg SOP 98-2 (A80 958-720) IIIIIII o 3'20521000 2638EM K922 Form 990 (2013) 5/15/2015 3;28202 PM V 13-7.15 120-0096940-0077672 THE LIBRE INITIATIVE TRUST 45-2686411 Form 990 (2013) Page 11 Balance Sheet Check .if Schedule 0 contains a response or note to any line in this Part X ..................... i (A) Beginning of year 1 2 3 4 Cash - non-interest-bearing ........................... Savings and temporary cash investments .................... Pledges and grants receivable, net ....................... Accounts receivable, net ............................ 5 Loans and other receivables from current and former officers, directors, I (3) End of year 1 2 3 4 1, 857, 739 . 1 99, 033 . O 24 , 937 . Complete Part n of Schedule L ......................... 0 s 0 6 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 empioyees' benefiCiary organizations (see instructions) Complete Part II of Schedule L ............ 0 6 0 26; 7 Notes and loans receivable, net ......................... O 7 0 2 8 inventories for sale or use ............................ 0 8 9 Prepaid expenses and deferred charges .................... trustees, m key employees, and highest compensated 2 , 1 4 1 , 93 5 . 57 , 94 8 . 0 6, 737 . employees. 0 10 , 75 6 . 9 39 , 4 8 6 . 23 , 363 . 0 O O 10c 11 12 13 14 3 , 64 0. O 334 , 88 l . O 103 Land, buildings, and equipment; cost or other basis. Complete Part VI of Schedule D 10a 1 7 3 I 4 90 - b Less; accumulated depreciation ,,,,,,,,,, 10b 2 9 , 850. 11 investments - publicly traded securities ,,,,,,,,,,,,,,,,,,,, 12 investments - other securities. See Part iV. line 11 ............... 13 Investments - program-related. See Part lV, line 11 .............. 14 Intangible assets ................................. 0 14 0 15 16 17 Otherassets.See PartiV,line11 ,,,,,,,,,,,,,,,,,,,,,,,, Total assets. Add lines 1 through 15 (must equal line 34) .......... Accounts payable and accrued expenses ,,,,,,,,,,,,,,,,,,,, 6,189. 15 2, 246, 928. 16 l 4 8 r 8 0 9 - 17 18,5712, 618, 287 34 5 I 7 55 - 18 19 Grants payable .................................. Deferred revenue ................................ 0 18 0 19 0 0 20 TeX-exempt bond liabilities ........................... 0 20 0 g 21 E 22 '1'? Escrow or custodial account liability. Complete Part N of Schedule D . Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and O 21 0 J disqualified persons. Complete Part II of Schedule L .............. 0 22 O Secured mortgages and notes payable to unrelated third parties ....... Unsecured notes and loans payable to unrelated third parties IIIIIIIII Other liabilities (including federal income tax. payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X 0 23 0 24 O O 23 24 25 26 of Schedule D .................................. 1 , 000- 25 0 Total liabilities. Add lines 17 through 25 .................... 14 9 , 80 9 . 26 34 5 , 755 . g Organizations that follow SFAS 117 (ASC 958), check here D complete lines 27 through 29, and lines 33 and 34. g 27 E 28 Unrestricted netassets IIIIIIIIIIIIIIIIIIIIIIIIIIIII Temporarily restricted net assets IIIIIIIIIIIIIIIIIIIIIIII 2,097,119. 27 0 28 2,272,532. 0 'g 29 Permanently restricted net assets ,,,,,,,,,,,,,,,,,,,,,,,, 0 29 O a '0- Organizations that do not follow SFAS 111 (A86 958), check here complete lines 30 through 34. 2,272,532. 12 g f 2 F m and El and 30 31 32 33 Capital stock or trust principal, or current funds IIIIIIIIIIIIIIII Paid-in or capital surplus, or land, building, or equipment fund ........ Retained earnings, endowment, accumulated income, or other funds . Total net assetsorfund balances IIIIIIIIIIIIIIIIIIIIIIII 30 31 32 2,097,119. 33 34 Total liabilities and net assets/fund balances .................. 2 , 24 6, 928 . 34 2 , 618 , 287 . Form 990 (2013) JSA 3E1053 1 000 2638EM K922 5/15/2015 3z28;02 PM V 13-7.15 120-0096940-0077672 THE LIBRE INITIATIVE TRUST 45-2686411 Form 990 (2013) Page 1 2 Reconciliation of Net Assets Check if Schedule 0 contains a response or note to any line in this Part XI ................... D 1 Total revenue (must equal Part VIII, column (A), line 12) ....................... 1 9r 509, 936 - 2 3 Total expenses (must equal Part IX, column (A), line 25) ....................... Revenue less expenses. Subtract line 2 from line 1 .......................... 2 3 9I 381 I 964 127 I 972 - 4 5 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..... Net unrealized gains (losses) on investments ............................. 4 5 2 I 0 97 I 1 1 9 "40, 132 - 6 7 8 Donated services and use of facilities ................................. Investment expenses .......................................... Prior period adjustments ........................................ 5 7 8 87 I 573 0 0 9 10 Other changes in net assets or fund balances (explain in Schedule 0) ................ Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33 column (B)) ............................................. 9 0 m 1 10 2,272,532. Financial Statements and Reporting Check if Schedule 0 contains a response or note to any line in this Part XII ................... D Yes No Accounting method used to prepare the Form 990. E] 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? ...... 2a X 2b X If "Yes," check a box below to Indicate whether the financral statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both; E Separate basis D Consolidated basis D Both consolidated and separ't' 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 bass, or both; If] Separate basis El Consolidated basis E] 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. 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 A-133? ................................... b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule 0 and describe any steps taken to underg such audits. JSA 3E1054 1 000 2638EM K922 5/15/2015 3=28z02 PM V 13-7.15 120-0096940-0077672 2'5 3a X 3b Form 990 (2013) OMB No 1545-0047 SCHEDULE D Supplemental Financial Statements (Form 990) > Complete If the organization answered "Yes," to Form 990, Part IV, line 6,1, 8, 9, 1o, 11a,11b,11c,11d,11e, 11f, 12a, or 12b. ' Depanmem 0mm Tmuw Intemal Revenue Semce > Attach to Form 990. Open to Public > Information about Schedule D (Form 990) and Its Instructions Is at www.lrs.gov/form990. Name of the organization THE LIBRE Inspection Employer Identification number INITIATIVE TRUST 45-2686411 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 1 2 3 4 5 (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 organization's 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 conferring impermissible private benefit? ........................... . . . . . . . . . . . 8 E] YBB D No El Yes [I] No Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part N, line 7. 1 Fur ose(s) of conservation easements held by the organization (check all that apply). Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area Protection of natural habitat Preservation of a certified historic structure Ll Preservation of open space Complete lines 2a through 2d if the organization held a qualified conservation contribution In the form of a conservation easement on the last day of the tax year. 2 Held at the End of the Tax Year a b c d 6 Total number of conservation easements ............................ Total acreage restricted by conservation easements ...................... Number of conservation easements on a certmed historic structure included In (a) ...... Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ......................... 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 b ----------------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 7 > ................. Amount of expenses incurred in monitoring. inspecting, and enforcing conservation easements during the year 8 >$ ................. Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B) 3 4 5 (i) and section 170(hx4xan)? ............................................ D Yes D No 9 In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and include, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting for conservation easements. Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete if the organization answered "Yes" to Form 990, Part IV, line 8. 1a If the organization elected, as permitted under SFAS 116 A80 958), not to re opt in its revenue statement and balance sheet works 0 b art, historical treasures, or other Similar assets (ll) Assets included in Form 990. Part X 2 'eld for public exhi ition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items. If the organization elected, as permitted under SFAS 116 (A30 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items; (I) Revenues included in Form 990, Part VIII, line 1 ............................. 5 $ ............. ................................... > $ ............. If the organization received or held works of art, historical treasures, or other Similar assets for hnancial gain, provide the followmg amounts reqUIred to be reported under SFAS 116 (A80 958) relating to these items. a Revenues included in Form 990, Part VIII, line 1 ............................... 2 $ ............. b Assets included in Form 990, Pait X > $ ..................................... is? Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule D (Form 990) 2013 3E1268 2 000 2638EM K922 5/15/2015 3228202 PM V 13-7.].5 120-0096940-0077672 THE LIBRE INITIATIVE TRUST 45-2686411 Schedule D (Form 990) 2013 Page 2 Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued) 3 Usmg the organization's acqwsnion, accessmn, and other records. check any of the followmg that are a significant use of Its collection items (check all that apply); a Public exhibition d E Loan or exchange programs b Scholarly research e Other gggggggggggggggggggggggggggg c Preservation for future generations --------4 Prowde a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIII 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 rather than to be maintained as part of the organization's collection? ...... El Yes D No Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990, Part IV, 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 5' If "Yes," explain the arrangement in Part XIII and complete the following table; gnu-0 included on Form 990. Pan X? ............................................ D Yes III No Beginning balance .................................. 1c Additions during the year 1d Amount ............ . ................. Distributions during the year ............................. 1e Ending balance .................................... 1f 2a Did the organization include an amount on Form 990, Part X, line 21'? ...................... Li Yes b No If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been proVided in Part XIII ,,,,,,,,, Endowment Funds. Complete if the organization answered "Yes" to Form 990 Part IV, line 10. (a) Current year (b) Prior year (c) Two years back (d) Three years back (0) Four years back 13 Beginning of year balance . . . . b Contributions ........... c Net investment earnings, gains, and losses ............. d Grants or scholarships ...... e Other expenditures for facilities and programs ........... f Administrative expenses ..... 9 End of year balance ........ 2 a b c Provide the estimated percentage of the current year and balance (line 19, column (a)) held as; Board designated or quaSI-endowment p % Permanent endowment p % Temporarily restricted endowment p % 3a Are there endowment funds not in the possession of the organization that are held and administered for the organization by; The percentages in lines 2a, 2b, and fc-s-hould EEu-al 100%. b 4 3a(l) (ii) related organizations ................................................ mm If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? ,,,,,,,,,,,,,,,,,, Describe in Part XIII the intended uses of the organization's endowment funds. 3b Part VI No . . Land, Buildin s, and Egui ment. Complete ift e organiza ion answered "Yes" to Form 990, Part M line 11a. See Form 990, Part X, line 10. Description of property 1a Yes (i) unrelated organizations ............................................... (a) Cost or other basis (b) Cost or other ba5is (c) Accumulated (investment) (other) depreCIation (d) Book value Land ..................... b Buildings .................. c Leasehold improvements .......... d Equipment ................. e Other .................... 173,490. 29,850. 143,640. Total. Add lines 1a through 1e. (Column (d) must equal Form 990, PartX, column (B), line 10(c).) ...... b 143 , 640 . Schedule D (Form 930) 2013 JSA 3E12692000 2638EM K922 5/15/2015 3;28;02 PM V l3-7.15 120-0096940-0077672 THE LIBRE INITIATIVE TRUST 45-2686411 Schedule 0 (Form 990) 2013 Page 3 Investments - Other Securities. Complete if the organization answered "Yes" to Form 990, Part IV, line 11b. See Form 990, Part X, line 12. (a) Description of security or category (Including name of security) (b) Book value (c) Method of valuation; Cost or end-of-year market value (1) Financial derivatives ................. (2) Closely-held equity interests ............. (3) Other------------------------------- "$34,999- .SEEBEBBEEEQEE ............ "1%)................................. -- .(9)................................. "$12)................................. -JE)................................. --.(F.)................................. 334 , 88 1- FMV ms)................................. (H) Total (Column (b) must equal Form 990, PartX, col (8) line 12) > 33 4 , 8 8 1 . Investments - Program Related. Complete if the organization answered "Yes" to Form 990, Part IV, line 11c. See Form 990, Part X, line 13. (a) Description of investment (b) Book value (c) Method of valuation; Cost or end-of-year market value (1) (2) (3) (4) (5) (6) (7) (8) (9) Total. (Column ([7) must equal Form 990, Part X, col (B) line 13.) Other Assets. Com lete if the F nization answered "Yes" to Form 990, Part IV, line 11d. See Form 990, Part X, line 15. Book value must Form 990 Part col. line 15. . . . . > Other Liabilities. Complete if the organization answered "Yes" to Form 990, Part IV, line 11a or 11f. See Form 990, Part X, line 25. of Book value 1 Federal income taxes . 8 9 Total. must Form 990. PartX, col line 25. D 2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization's hnancial statements that reports the organization's liability for uncertain tax posmons under FIN 48 (A50 740). Check here if the text of the footnote has been prowded in Part Xlll D Schedule D (Form 990) 2013 $2270 1 000 2638EM K922 5/15/2015 3z28102 PM V 13-7.15 120-0096940-0077672 45-2686411 THE LIBRE INITIATIVE TRUST Pme4 Schedule D (Form 990) 2013 GEOUD Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered "Yes" to Form 990. Part N, line 12a. Total revenue, gains, and other support per audited financial statements ................. Amounts included on line 1 but not on Form 990, Part VIII, Me 122 Net unrealized gains on investments ...................... 2a Donated serVIces and use of facilities ...................... 2b Recoveries of prror year grants .......................... 2c Other (Describe in Part XIII.) ........................... 2d Add lines 2a through It! ........................................... 2e Subtract line 2e from line 1 UN 1 ......................................... Amounts included on Form 990, Part VIII, line 12. but not on line 1; Investment expenses not included on Form 990, Part VIII, line 7b ....... Other (Describe In Part XIII.) IIIIIIIIIIIIIIIIIIIIIII . 3 4a 4b Add lines 43 and 4b ............................................. Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part], line 12.) ............ . 4c 5 00.07" Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered "Yes" to Form 990, Part IV, line 12a. Total expenses and losses per audited Iinancial statements IIIIIIIIIIIIIIIIIIIIIIII Amounts included on line 1 but not on Form 990, Part IX, line 25; Donated and use of facilities ..................... . 23 Prior yearservices adjustments 2b Otherlosses 2c OtherIInes (Descr'ib'eIn'P'art ' ' ' ' ' ' ' ' ' ' """"""" Add 2a through 2dXII-L)- ......................... 2d 29 to) SubtractnnezefromIine'1'IIIIIII222IIIIZIIIIIZICIIIIZIIIIIIIIIIICI Amounts included on Form 990, Part IX, line 25, but not on line 1' Investment expenses not included on Form 990, Part VIII, lIne 7b I b 1 Otherlines (Describe Add 4a andin4bPart XIII.) 3 4a """" 4b ........................... 4c C 5 Total expenses.Add II'ne's'a'a'nd dci ('Tiri's inbs'tieduh/"Fbrin'gbt'IJDeri/Z line ii); I I I I I Z I I I j I Z I I 5 Supplemental Information. I 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) 2013 JSA 3E1271 1 000 2638EM K922 5/15/2015 3;28;02 PM V l3-7.15 120-0096940-0077672 ScheduleD(Form 990)2o13 THE LIBRE INITIATIVE TRUST 45-2686411 Page 5 Supplemental Information (continuedL Schedule D (Form 990) 2013 JSA 3E12261000 2638EM K922 5/15/2015 3z28;02 PM V l3-7.15 120-0096940-0077672 INITIATIVE TRUST > Information about Schedule I (Form 990) and its instructions is at www.irs.gov/fonn990. Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and theselectioncriteriausedtoawardthegrantsorassistance?I . . I . . I I I . I I I I I I I I I I I I I I I I I I I I I I . I I I I I I I I I I I I I I I I nYes Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States. 4 5-2 6 8 64 1 l Employer Identification number BN0 I"SI-"9600" Open to Public OMB No 154541047 @6313 (25h assistance 9mm If appllcabla om'gr) ' (PboMoeIihptgvogp'ggw or assrstance EDUCATION PUBLIC (h) Purpose of grant (g) Descriptron at non-(mh assrstance Enter total number of section 501(c)(3) and government organizations listed in the line 1 table . I . I I . I I I I I I I I I I I I I I I . I I I I I I I p 275,000. (9) Amount of non- (d) Amount of cash (c) ch section 2638EM K922 3E1288 1 000 JSA 5/15/2015 3=28=02 PM V l3-7.15 120-0096940-0077672 1. 3 Entertotalnumberofotherorganizationslistedintheline1table . I I I I . . . I I I I . . I I . I I I I I I I I I I I I I I I I I I I I I I . I I I I I b (2013) 990) (Form I Schedule For Paperwork Reduction Act Notice, see the Instructions for Form 990. 2 (.131 ............................... LL11 ............................... 0.01 ............................... -(9). ..............................4 Ii!) .............................. - -CQ ............................... J51 ............................... -(51 ............................... -(.41 ............................... -i.31 ............................... -(31 ............................... J3). E 1.591ng IEAPERE ELPJLUEQ. .............. 1011 c STREET, NW some 800 1 (a) Name and address of organization or government m Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to Form 990. Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed. 2 1 b Attach to Form 990. Complete if the organization answered "Yes" to Form 990, Part IV, line 21 or 22. Grants and Other Assistance to Organizations, Governments, and Individuals in the United States m General Information on Grants and Assistance THE LIBRE Name of the organization Internal Revenue Service Department of the Treasury SCHEDULE I (Form 990) 7 (0) Method of valuation (book. FMV, appraisal, other) (d) Amount of nut-cash assistance (c) Amount of cash grant (b) Number of reCIplents (0 Description of non-cash aSSIstanoe . I, PART I, LINE 2 THE GRANT REQUIRED A GRANT LETTER THAT CONTAINS A 3E15041000 JSA 2638EM K922 GRANT FUNDS . 5/15/2015 3128;02 PM V 13-7.15 120-0096940-0077672 REVIEW AND MONITORING PROCEDURE WHICH REQUIRES REPORTS ON THE USE OF THE EDUCATION ADVERTISING. THE ORGANIZATION PROVIDED A GRANT TO THE RECEIPIENT TO SUPPORT PUBLIC SCHEDULE information. Schedule I (Form 990) (2013) m Supplemental Information. Complete this part to provide the information required in Part I, line 2, Part III, column (b), and any other additional (a) Type of grant or assrstanoe Part III can be duplicated if additional space is needed. Page 2 45-2686411 m Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" on Form 990, Part IV. line 22. Schedule I (Form 990) (2013) THE LIBRE INITIATIVE TRUST For certain Officers. Directors, Trustees, Key Employees, and Highest Compensated Employees F Complete If the organization answered "Yes" to Form 990, Part N, line 23. (Form 990) 3.7531233;if"ties122w D Information ab;tAstz1icez31eF32?ogztobst) Err; lieaitatifraggnztijrsgov/MMQQO. Name of the organization THE LIBRE OMB No 1545-0047 Compensation Information SCHEDULE J OPE; gzciitgi'hc Employer Identification number INITIATIVE TRUST 45-2686411 Questions Regarding Compensation Yes 1a First-class or charter travel Travel for companIons Tax indemnification and gross-up payments Discretionary spending account b 2 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) If any of the boxes on Me 1a are checked, did the organizatIon follow a written policy regarding payment 2; [aeiirmbursement or provision of all of the expenses described above? If "No," complete Part ill to P ......................................................... Did the organizatlon require substantiation prior to reImbursing or allowing expenses incurred by all directors, trustees, and officers, includlng the CEO/Executive Director. regarding the items checked in line 18? ........................................................... 3 1b 2 Indicate which, If any, of the following the tiling 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 lll. - 4 No Check the appropriate box(es) if the organization prowded any of the following to or for a person listed in Form 990, Part VII. Section A. line 1a. Complete Part III to prowde any relevant information regarding these items. 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 the tiling organization or a related organizatlonz a Receive a severance payment or change-of-control payment? ............................ b Participate in, or receive payment from, a supplemental nonquaimed retirement plan? .............. c Participate In, or recere payment from, an equity-based compensation arrangement? ............ . if "Yes" to any of Mes 4a-c, list the persons and provide the applicable amounts for each item in Part lll. 5 8 9 5a Sb X x 6a 6b X X If "Yes" to line 5a or 5b, describe in Part III. 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; a The organization? ................................................... b Any related organlzation'? ............................................... 7 X X X 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? ............................................... 6 4a 4b 4c 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 knee 5 and 6? 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 ........................................................ If "Yes" to Me 8, dId the organization also follow the rebuttable presumption procedure described in Regulations section 53. 4958-6-(c)?........................................... For Paperwork Reduction Act Notice, see the instructions for Form 990. 5/15/2015 3128;02 PM V l3-7.1S 8 X X 9 Schedule J (Form 990) 2013 JSA 3512901000 2638EM K922 7 120-0096940-0077672 INITIATIVE TRUST Oflicers, Directors, Trustees. Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed. Page 2 45-2686411 (A) Name and TItle 0 0 210,591. 0 0 2638EM K922 JSA 3E1291 1 000 16 15 14 13 12 11 10 9 a 5/15/2015 III) 3128102 PM V 13-7.15 120-0096940-0077672 Schedule J (Form 990) 2013 (II) (I) (II) (I) ................................................................................................. (Ii) (0 ...................................................... y ......................................... (II) (I) .......................... ............................ y ......................................... (I) ................................................................................................ (II) (I) 1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 (II) (I) ........................................ 4 ....................................................... (II) (I) (ii) (I) ........................................ y ....................................................... II) (II) 7 5 4 3 2 a 40,000. 19,201. 138,119. 13,271. 0 prIor Form 990 (B)(IHD) benetits other deterred compensatron (F) Compensahon reported as deferred In (E) Total of columns (D) Nontaxable (C) Retirement and (ll) -------------0r- ------------0.-------0 --------------E (I) compensatron compensatron (III) Other reportable (ll) Bonus 81 Incanth (I) Baa compensation (B) Breakdown M W'2 and]or 1099IMISC compensatlon (I) ................................................................................................. (II) (I) ................................................................................................ (II) (I) ................................................................................... h ............. (ii) (I) .......................... ,........................................................ - ............. (II) (I) ................................................................................................. (II) 1 EXECUTIVE DIRECTOR/TRUSTEE DANIEL GARZA In M ua . For each individual whose compensation must be reported In Schedule J. report compensation from the organization on row (i) and from related organizations, described in the instructions, on row (ii). Do not list any indIVIduals that are not listed on Form 990, Part VII. tigtethhe sum of columns (B)(i)-(iii) for each listed indIvidual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for. that m Schedule J (Form 990) 2013 HE LIBRE. Fae 3 45-2686411 LINE 7 IN CONJUNCTION WITH INDEPENDENT ADVISORS, PART I, 3E15051 ooo JSA 2638EM K922 5/15/2015 3128102 PM V 13-7.15 DETERMINE AND AWARD BONUSES BASED ON PERFORMANCE. THE TRUSTEE, SCHEDULE J, Also complete this part for any additional information. 120-0096940-0077672 HAS DISCRETION TO Schedule J (Form 990) 2013 Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a. 1b, 3, 4a, 4b, 40, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. prlemental Information Schedule J (Form 990) 2013 THE LIBRE INITIATIVE TRUST OMB No 1545-0047 SCHEDULE M (Form 990) Noncash Contributions 26313 > Complete If the organlzetlons answered "Yes" on Form 990, Part N, lines 29 or 30. P Attach to Form 990. Department of the Treasury lntemal Revenue Servtce D Information about Schedule M (Form 990) and its instructions Is at www.irs.gov/fonn990. Employer Identification number Name of the organization THE LIBRE Open To Public Inspection 45-2686411 INITIATIVE TRUST Types of Property (a) Check if applicable 1 2 3 4 5 6 7 8 Art - Works of art .......... Art - Historical treasures ...... Art - Fractional Interests ...... Books and publications ...... Clothing and household goods ................ Cars and other vehicles ...... Boats and planes .......... Intellectual property ........ 9 Securities - Publicly traded . . . . 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 (b) Number of contributions or . items contributed X Noncash Sontribution amounts reported on Form 990' Part Vlll, line 19 1- 750! 025- (d) Method of determining noncash contribution amounts SELLING PRICE Securities - Closely held stock . . . Securities - Partnership, LLC. or trust interests .......... Securities - Miscellaneous ..... Qualified conservation contribution - Historic structures ............. Qualified conservation contribution - Other ........ Real estate - Residential ...... Real estate - Commercial ..... Real estate - Other ......... Collectibles ............. Food inventory ........... Drugs and medical supplies . . . . Taxidermy ............. Historical artifacts ......... Scientific specimens ........ Archeological artifacts ....... Other >( --------------- ) Other >( --------------- ) Other >( --------------- ) Other >( --------------- ) Number of Forms 8283 received by the organization during the tax year for contributions for which the organization completed Form 8283, Part N, Donee Acknowledgement ......... 29 Yes No 30a During the year. did the organization receive by contribution any property reported in Part I, lines 1-28, that it must hold for at least three years from the date of the initial contribution, and which is not required to be used for exempt purposes for the entire holding period? ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, b If "Yes," describe the arrangement in Part ll. 31 Does the organization have a gift acceptance policy that requires the 30a X 31 X 32a X review of any non-standard contributions? ...................................................... 32a Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash contributions? ...................................................... b If "Yes," describe in Part II. 33 If the organization did not report an amount in column (0) for a type of property for which column (a) is checked, describe in Part II. Schedule M (Form 990) (2013) For Paperwork Reduction Act Notice. see the Instructions for Form 990. JSA 3E12981 000 2638EM K922 5/15/2015 3228t02 PM V 13-7.15 120-0096940-0077672 THE LIBRE INITIATIVE TRUST 45-2686411 Schedule M (Form 990) (2013) Pme 2 Supplemental Information. Complete this part to provide the information required by Part l, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information. SCHEDULE M, PART I, COLUMN B THE NUMBER ON LINE 9, COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. Schedule M (Form 990) (2013) JSA 3E15081 000 2638EM K922 5/15/2015 3128102 PM V l3-7.15 120-0096940-0077672 OMB No 1545-0047 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 Dapanmemofthe Tummy Form 990 or 990-EZ or to provide any additional information. Iniemel Revenue Service Open to Public >Attach to Form 990 or 990-EZ. Inspection Name of the organization Employer identification number THE LIBRE INITIATIVE TRUST FORM 990, PART I, 45-2686411 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. FORM 990, PART I, LINE 2 LIBRE LAUNCHED DIRECT AND GRASSROOTS LOBBYING EFFORTS TO INFORM THE PUBLIC ON 1) MARKET-BASED IMMIGRATION REFORM, AND (2) HEALTHCARE. PART OF THE LOBBYING EFFORTS CONSISTED OF RUNNING BROADCAST AND ONLINE ADS. FORM 990, PART III, ADDITIONALLY, LINE 4A LIBRE COLLABORATED WITH LIKE-MINDED ORGANIZATIONS ON ISSUE DRIVEN CAMPAIGNS SUCH AS THE BUDGET/ECONOMY, MARKET-BASED IMMIGRATION REFORM, ENERGY. HEALTHCARE, OVERREGULATION, GROWING SMALL BUSINESSES, EDUCATION AND LIBRE RAN BROADCAST AND ONLINE ADS TO INFORM THE PUBLIC ON 1) MARKET-BASED IMMIGRATION REFORM, (2) HEALTHCARE, AND (3) STORIES ON ACHIEVING THE AMERICAN DREAM. LIBRE EXPANDED ITS FOOTPRINT BY OPENING OFFICES IN ORLANDO, LAS VEGAS, NV AND MIAMI, OF INFORMED U.S. FL. FL; MESA, AZ; WE CONTINUED TO DEVELOP A NATIONAL NETWORK HISPANIC/LATINO PRO-LIBERTY ACTIVISTS DEDICATED TO ADVOCATING FOR POLICIES THAT WILL ENHANCE ECONOMIC FREEDOM LIMITED AND MORE FISCALLY RESPONSIBLE GOVERNMENT, (I.E., RULE OF LAW, A FREE ENTERPRISE AND PERSONAL RESPONSIBILITY). For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule 0 (Form 990 or 990452) (2013) JSA 3E12271 000 2638EM K922 5/15/2015 3=28202 PM V l3-7.15 120-0096940-0077672 Schedule 0 (Form 990 or 990-EZ) 2013 Page 2 Name of the organlzauon THE LIBRE Employer ldomlncatlon number INITIATIVE TRUST FORM 990, PART VI, 45-2686411 SECTION A, LINE 7A IN ADDITION TO THE EXISTING LIBRE INITIATIVE TRUSTEE HAVING THE ABILITY TO ELECT A SUCCESSOR TRUSTEE, ANOTHER TRUSTEE, FORM 990, A SEPARATE LLC HAS THE POWER TO APPOINT SUBJECT TO CERTAIN LIMITATIONS. PART VI, SECTION A, LINE BE THERE ARE NO SUCH COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B AT IIIDEPEI'DENI 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. 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. FORM 990, PART VI, SECTION B, LINES 15A AND 158 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 Schodule 0 (Form 990 or 990-EZ) 2013 JSA 3E12281 oao 2638EM K922 5/15/2015 3=28Y02 PM V l3-7.15 120-0096940-0077672 Schedule 0 (Form 990 or 990-EZ) 2013 Fae 2 Name of the organzahon Employer ldenthicatlon number THE LIBRE INITIATIVE TRUST 45-2686411 OPINION FROM COUNSEL AS TO WHETHER THE PROPOSED COMPENSATION WOULD BE AN EXCESS BENEFIT TRANSACTION AND REFER MATERIAL TO AN INDEPENDENT DECISION MAKER. FORM 990, PART VI, SECTION C, THE ORGANIZATION MAKES ALL REQUIRED DISCLOSURES AVAILABLE TO THE PUBLIC UNDER IRS REGULATIONS. FORM 990, PART VIII, LINE 11D EVENT SPONSOR REIMBURSEMENT 0 ATTACHMENT FORM 990, 1 PART IX - OTHER FEES (A) TOTAL FEES DESCRIPTION PROFESSIONAL ADVERTISING FEES (B) (C) PROGRAM SERVICE EXP. 1,209,694. 1,209,694. PROFESSIONAL CONSULTING FEES 634,298. 507,422. MEDIA PRODUCTION 453,325. 453,325. FOCUS GROUPS 47,000. 47,000. WEBSITE DESIGN 29,491. DATA ACQUISITION 21,764. ONLINE HOSTING 13,443. MANAGEMENT AND GENERAL 126,876. 29,491. 21,764. 13,443. PROFESSIONAL BLOGGERS 2,750. EQUIPMENT RENTAL & MAINTENANCE 1,592. OTHER 5,172. 4,143. 1,029. 2,418,529. 2,246,098. 172,431. TOTALS JSA (D) FUNDRAISING EXPENSES 2,750. 1,592. Schedule 0 (Form 990 or 990-52) 2013 3E1228 1 000 2638EM K922 5/15/2015 3128;02 PM V l3-7.15 120-0096940-0077672 STE A-300 ARLINGTON, VA 22201 45-2725507 DE 205,000. entity LIBRE 18, 806 . INITIATIVE STE A-300 ARLINGTON, VA 22201 45-4123383 2638EM K922 5/15/2015 3328102 PM EDUCATION PUBLIC V 13-7.15 For Paperwork Reduction Act Notice. see the Instructions for Form 990. -L71............................................. -(91 ............................................. -(.51............................................. -(5). ............................................ I -G). ............................................. -(31 ............................................. 1320 NORTH COURTHOUSE ROAD, .131. THE LIBRE INITIATIVE INSTITUTE, INC. 501 (C) (3) 120-0096940-0077672 DE 7 X Yes No Schedule R (Form 990) 2013 LIBRE INITIATIVE aniitY? controlled entity (if section 501(c)(3)) or foreign country) (9) 596m" 512(b)(13) (f) Direct controlling (9) Public chaniy status (d) Exempt Code eecbon (c) Legal domlaie (state (b) Primary activrty (a) Name, address. and EIN of related organization Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part N, line 34 because it had one or more related tax-exempt organizations during the tax year. -(9)......................................................... -(.51 ........................................................ 14). ........................................................ -(91 ........................................................ SUPPORT or foreign country) (f) Direct controlling (0) End-of-year asses it!) Total Income (C) Legal domicile (state (b) Primary activity 4 5-2 68 64 1 1 ' Employer Identification number Open to Public inspection (a) J31 ........................................................ JSA 3E1307 1 000 See separate Instructions. OMB No 1545-0047 Name, address, and EIN (if applicable) at dismgarded entity 1320 NORTH COURTHOUSE ROAD, m V D information about Schedule R (Form 990) and Its instructions Is at www.lrs.gov/fonn990. D Attach to Form 990. Nomplete It the organization answered "Yes" on Form 990, Part W, line 33, 34, 35b, 36, or 37. Related Organizations and Unrelated Partnerships 45-2686411 Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part N, line 33. -(J). TDNA, LLC m THE LIBRE INITIATIVE TRUST Name of the organization Tmsmy Dapanm'mmm" internal Revenue Service (Form 990) SCHEDULE R THE LIBRE INITIATIVE TRUST 45-2686411 5/15/2015 3128202 PM Name, address. and EIN of related organizatlon V l3-7.15 Primary actlwty trust) Type of entlty (C corp, S corp. or 120-0096940-0077672 country) Legal domlcne Direct controlling entlty (state or foreign line 34 because it had one or more related organizations treated as a corporation or trust during the tax year. (9) (d) (C) (b) (a) MFEE ownership Schedule R (Form 990) 2013 Yes No (I) 39600" Zigzag) (h) Peleentage (a) Share of end-ot-year assets (0 Share of total Income Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part V, 2638EM K922 JSA 3E1308 1 one m .(ZL ..................... .(9). ..................... .(E). ..................... 1.4). ..................... .(EL .................... - J3). ..................... .(lL ..................... tax under sections 512-514) forelsn country) Yes No partner? Yes No ownershlp t managing of Schedule K-1 (Form 1065) amount ln box 20 mam-7 year assets lncome excluded m3", '"czmglgggm' entity (state or domlcne related organlzatlon ('0 Percentage (I) General or (I) Code V-UBI (h) Dllpm (9) Share at endot- (f) Share of total (9) Predomlnant (d) Dlrect controlllng (C) Legal (b) anary actlvrty (a) Page 2 Name. address, and EIN of Schedule R (Form 990) 2013 Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 m because it had one or more related organizations treated as a partnership during the tax year. THE LIBRE INITIATIVE TRUST THE LIBRE INITIATIVE TRUST 45-2686411 anu'uo buzz-.. x-Er=o Q 1P 1'! 1r Reimbursement paid to related organization(s) for expenses . Reimbursement paid by related organization(s) for expenses Other transfer of cash or property to related organization(s) 5/15/2015 3228;02 PM V 13-7.15 120-0096940-0077672 type (M) Transaction Amount Involved Schedule R (Form 990) 2013 Method of deterrmnlng amount Involved >< 2638EM K922 Name of related organization r-a JSA 3E1309 1 000 (6) (5) (4) (3) 1n 1o Performance of services or membership or fundraisrng solicitations by related organization(s) I Sharing of fac'l es, equipment, mailing lists, or other assets with related organization(s) Sharing of paid employees with related organization(s) 1s Othertransferof cash or propertyfrom related organization(s). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . thresholds. transaction and relationships if the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered (d) (C) (bl (a) 1I 1m xTxx (2) 1k I I I I I I I I Performance of servrces or membership or fundraising solicitations for related organization(s) Lease of facilities. equipment, or other assets from related organization(s) 1] 1i 1f 1 1h Saleofassetstor9lated0rganizati0n(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. Purchase of assets from related organization(s)I Exchange of assets with related organization(s)I . . I I Lease of fac 'es, equipment, or other assets to related organization(s) 1c 1d 1e 1b' No >< Dividendsfromrelatedorganization(s)I . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. Gift, grant, or capital contribution to related organization(s) Gift. grant, or capital contribution from related organization(s) Loans or loan guarantees to or for related organization(s) Loans or loan guarantees by related organization(s)I 1a Yes ><><><><>< (1) 1 During the tax year, did the organization engage in any of the following transactions With one or more related organizations listed in Parts ll-N? royalties or (iv) rent from a controlled entity Receipt of (i) Interest (ii) annuities ( Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule. m Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36. Schedule R (Form 990) 2013 ><><><><>< Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part N, line 37. 45-2686411 ownership Page 4 2638EM K922 JSA 3E13101 000 5/15/2015 3z28;02 PM V 13-7 . 15 (state or foreign country) omanubons? No section 512-514) total Income 120-0096940-0077672 Yes (men 521(c)(3) Income (related. unrelated. included from tax under met! md-ol-year Yes No .llgcm'] No Schedule R (Form 990) 2013 Yes I?Emnm of Schedule K-1 (Form 1065) managlng amount in box 20 Provide the following information for each entity taxed as a partnership through which the organization conducted more than hve percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain Investment partnerships. (I) (I) (I) (h) (9) (1) (0) (6) (6) (a) Share of Dllpraporllorlte Share of C059 V-UBI A" 9" PWW General or Legal domldle Percentage Predommant Name. address. and EIN of entity m Schedule R (Form 990) 2013 THE LIBRE INITIATIVE TRUST THE LIBRE INITIATIVE TRUST 45-2686411 Schedule R (Form 990) 2013 Page 5 Supplemental Information ' Complete this part to provide additional information for responses to questions on Schedule R (see instructions). Schedule R (Form 990) 2013 3515101000 2638EM K922 5/15/2015 3228t02 PM V 13-7.15 120-0096940-0077672