ent ck Form 990 Return of Organization Exempt From Income Tax Under section 501 527, or 4947(a)(1) of the Internal Revenue Code OMB No 1545-0047 2006 (except black lung benefit trust or private foundation) Open to Public the reasw The organlzatron may have to use a copy of return to satisfy state reporting requnrements. 2006, and ending evenue Servrce ?the 2006 calendar year, or tax year beginning Inspection If Name of organization Employer Number PI Address change ?13133" FRONTIERS OF FREEDOM FOUNDAT ION 54 -2 50 93 Name change 3:51? Number and street (or 0 box If maal 15 not delivered to street addr) Roomlsu:te Telephone number 5 Manama fpeEEnc 9.0. BOX 69 (703) 246-0110 Inal return rt'isonsf- City, town or country State ZIP code 4 $2333?? Cash Accrual Amended return OAKTON VA 2 2 1 2 4 Other (specrfy) pendmg 0 Section 501(c)(3) organizations and 4947(a)(1) nonexempt and are ?0 527 organizaf'ons charitable trusts must attach a completed Schedule A Is this a group return for affiliates? Yes [if No (Form 990 or 990-52) If 'Yes,? enter number of Web Slte: Are all Included? Yes No Organization type (If attach a 1151 See Instructions) (check only 0119) El 501(c) 4 (Insert no) 4947(a)(l) or 527 Is this a separate return filed by an Check here" If the organization Is not a 509(a)(3) organization and Its gross receipts are normally not more than $25,000. A return 15 not requrred, but If the orga nlzatlon chooses to file a return, be sure to file a complete return _Gross receipts: Add lines 6b, 8b, 9b and 10b to lune 12 2, 000. 1 organization covered by a group ruling? Yes If! No Group Exemption Number Check If the organization Is not requnred to attach Schedule (Form 990, 990-EZ, or 990-PF). ?3 Revenue, Expenses, and Changes In Net Assets or Fund Balances (See the Instructions.) Contnbutlons, gifts, grants, and Similar amounts received: 3 Contributions to donor advrsed funds 1 a Direct public support (not Included on line 1a) 1 2, 000 . Indirect public support (not Included on line 1a) 1 (1 Government (grants) (not Included on line 1a) 1d 1185mm 5 2 000 . noncash 0. 1e 2 . 2 Program servrce revenue Including government fees and contracts (from Part VII, ?me 93) 2 3 Membership dues and assessments 3 g; 4 Interest on and temporary cash Investments 4 E: 5 DIVIdends and Interest from securltles 5 6a Gross rents 6a Less: rental expenses 6b Net rental Income or (loss) Subtract lune 6b from line Be Be 7 Other Investment Income (describe 7 8a Gross amount from sales of assets other (A) Securities (B) Other a than Inventory 8a 2 Less: cost or other basrs and sales expenses 8b 2 Galn or (loss) (attach schedule) 3c 5 Net gaIn or (loss) Comblne line 80, columns (A) and (B) 8d (0 9 Specral events and (attach schedule). If any amount 15 from gaming, check here a Gross revenue (not Including Sr of reported on lune 1b) 9a Less: direct expenses other than expenses 9b Net Income or (loss) from specral events. Subtract lme 9b from line 9a 9c 10a Gross sales of Inventory, less returns and allowances 10a Less: cost of goods sold 10b Gross profit or (loss) from sales of Inventory (attach schedule). Subtract line 10b from line 10a . 10c 11 Other revenue (from Part VII, lIne 103) 11 12 Total revenue Add lines 1e8d, 9c, 10c, and 11 12 2,000. 13 Program servrces (from lune 44, column 13 1'7 88 6 . 14 Management and general (from line 44, column 0 14 1, 011 . 15 (from line 44, column . 15 1, 419 . 16 Payments to (attach schedule) . NOV 2 6 2007 3 16 5 17 Total expenses. Add lrnes 16 and 44, column (Excess or (debut) for the year Subtract [me 17 from ?me 12 J-rq OGDEN UT 18 -18 316 . 19 Net assets or fund balances at beginning of year (from line 73, colum 19 38 7 1'7 . 20 Other changes net assets or fund balances (attach explanation) 20 10 . 5 21 Net assets or fund balances at end of year Combine Irnes 18BAA For Privacy Act and Papenrvork Reduction Act Notice, see the separate instructions. 01118107 Form 990 (2006) (L 1990 2006) FRONTIERS OF FREEDOM FOUNDATION 54-2050093 PageZ Statement of Functional EX enses All organizations must com lete column (A) Columns (B (C), and (D) are reqUIred for section 501(c)(3) and organizations and section charitable trusts optiona for others 0 not include amounts reported on line A (B) Program (C) Management 6b, 8b, 9b, 70b, or 16 of Part] a semices un ra's'ng "rants paid from donor advused unds (attach sch) cash non-cash If this amount includes foreign grants, check here El 22a [/22b Other grants and allocations (att sch) (cash non-cash If this amount includes foreign grants, check here 22b 23 SpeCIfic ass:stance to indiwduals (attach schedule) 23 24 Bene?ts paid to or for members (attach schedule) 24 25a Compensation of current officers, directors, key employees, etc listed in Part V-A (attach schCompensation of former officers, directors, key employees, etc listed in Part V-B (attach sch) 25b Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(l)) and persons described in section 4958(c)(3)(B) (attach schedule) 25c Salaries and wages of employees not included on lines 25a, b, and 26 PenSIon plan contributions not included on lines 25a, b, and 27 28 Employee benefits not included on lines 25a - 27 28 29 Payroll taxes 29 30 Professwnal fundraismg fees 30 31 Accounting fees 31 32 Legal fees 32 33 Supplies 33 34 Telephone 34 35 Postage and shipping 35 36 Occupancy . 36 4,168. 3,676. 201. 291. 37 Eqmpment rental and maintenance 37 38 Printing and publications . 38 39 Travel 39 833. 734 . 42. 5'7. 40 Conferences, conventions, and meetings 40 41 Interest DepreCIation, depletion, etc (attach schedule) 42 43 Other expenses not covered above (itemize) 43a 5,493. 4,833. 275. 385. b95111: 43b 226. 199. 12. 15. 43c 8,831. 7,771. 442. 618e_ngE_N??Total functional expenses. Add lines 22a throu 439. (0r anizations completin columns .15) 44 20,316. 17,886. 1,011. 1,419. Joint Costs. Check if you are followmg SOP 98-2. Are any costs from a combined educational campaign and fundraismg soIICitation reported in (B) Program sewices7 Yes No If 'Yes,? enter the aggregate amount of these iomt costs (ii) the amount allocated to Program sen/ices the amount allocated to Management and general and (iv) the amount allocated to Fundraismg BAA TEEA0102 01/23/07 Form 990 (2005) Form 990 (2006i FRONTIERS OF FREEDOM FOUNDATION 54-2050093 Page 3 Statement of Program Service Accomplishments Form 990 Is avaIlable for publIc InspectIon and, for some people, serves as the prImary or sole source of InformatIon about a partIcular organIzatIon. How the publIc perceres an organIzatIon In such cases may be determIned by the InformatIon presented on Its return Therefore, please make sure the return Is complete and accurate and fully In Part the organlzatIon's programs and accomplIshments What Is the organIzatIon's prImary exempt purpose? PUBLIC POLICY RESEARCH Program Expenses All organIzatIons must descrIbe theIr exempt purpose _State the number-o? clIents served. publications Issued etc. DIscuss achIevements that are not measurable. (SectIon 501(c)(3) and (4) organ- 4947(3) I (was. bu. IzatIons and 4947(a)(l) nonexempt charItable trusts must also enter the amount of grants and allocatIons to others.) opllona? or others) a .111 11132113?3?? 131.- EUEILIE 9?1. 193 191139 511111321 EEFEEJ 336335.: 11?1- (Grants and allocatIons 0 . lf thIs amount Includes foreIgn grants, check here 17 88 6 . (Grants and allocatIons If thIs amount Includes foreIgn grants, check here (Grants and allocatIons lf thIs amount Includes foreIgn grants, check here cl (Grants and allocatlons lf thIs amount Includes foreIgn grants, check here Other program serVIces (Grants and allocatIons If thIs amount Includes foreIgn grants, check here Total of Program Service Expenses (should equal lIne 44, column (B), Program serVIces) l7 88 6 . BAA Form 990 (2006) 01/18107 Form 990 (2006) FRONTIERS OF FREEDOM FOUNDAT ION 54 -2 0500 93 Page 4 ,Q?mvj Balance Sheets (See the instructions. Note: Where requrred, attached schedules and amounts the description (A) (B) column should be for end-of?year amounts only Beginning of year End of year 45 Cash non-interest-bearing SaVings and temporary cash investments 35, 913 . 47a Accounts receivable 473 Less: allowance for doubtful accounts 74 4 98 . 48a Pledges receivable Less: allowance for doubtful accounts 48b 74 4 98 . 49 Grants receivable 50 a Receivables from current and former officers, directors, trustees, and key employees (attach schedule) Receivables from other disquali?ed persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) (attach schedule) 50a A 50 51 a Other notes and loans receivable a (attach scheduleLess. allowance for doubtful accounts . Inventories for sale or use . 52 53 Prepaid expenses and deferred charges 3, 092 . 53 54a Investments publicly-traded securities Cost FMV 54a Investments other securities (attach sch) Cost FMV 54b 55a Investments land, eqUIpment: ba5is 55a Less: accumulated depreCIation (attach schedule) . 55b 55c 56 Investments other (attach schedule) 56 57a Land, bunldings, and equupment: ba5is 57a Less: accumulated deprecuation (attach schedule) 57b 57c 58 Other assets, including program-related investments (describe 15, 715 . 58 59 Total assets (must equal line 74). Add lines 45 through Accounts payable and accrued expenses 93_,Grants payable 61 62 Deferred revenue 62 63 Loans from officers, directors, trustees, and key It employees (attach schedule) 63 64a Tax- -exempt bond liabilities (attach schedule) 64a ll: Mortgages and other notes payable (attach schedule) 64b 5 65 Other liabilities (describe . _L_iI_1e_ _S_t?nt3 65 767 . 66 Total liabilities. Add lines 60 through Organizations that follow SFAS 117, check here El and complete lines 67 through 69 and lines 73 and 74. A 67 Unrestricted 67 68 Temporarily restricted 68 69 Permanently restricted 69 8 Organizations that do not follow SFAS117, check here [El and complete lines 70 through 74 70 Capital stock, trust prInCipal, or current funds 70 71 Paid-in or capital surplus, or land, and eqUIpment fund 71 72 Retained earnings, endowment, accumulated income, or other funds Total net assets or fund balances. Add lines 67 through 69 or lines 70 through 72. (Column (A) must equal line 19 and column (8) must equal line 21Total liabilities and net assetslfund balances. Add lines BAA Oll18l07 Form 990 (2006) Form 990 (2006) FRONTIERS OF FREEDOM FOUNDATION Page 5 Reconciliation of Revenue per Audited Financial Statements with Revenue per Return (See the Instructions.) a Total revenue, gains, and other support per audited frnancual statements a Amounts Included on line a but not on Part I, line 12: 1 Net unrealized gains on Investments b1 2Donated servrces and use of faculrtles . b2 3Recovenes of prior year grants b3 40ther (specrfy): b4 Add lines b1 through Subtract lIne from line a . Amounts Included on Part 1, line 12, but not on line a: 1 Investment expenses not Included on Part I, line 6b d1 20ther (specrfy): d2 Add lines d1 and d2 . . Total revenue (Part 1, line 12) Add lines and 1,111. _g Reconciliation of Expenses per Audited Financial Statements with Expenses per Return a Total expenses and losses per audited flnanCIal statements . a Amounts Included on lune a but not on Part I, line 17: 1Donated servrces and use of faculties b1 2Pr or year adjustments reported on Part I, lune 20 b2 3Losses reported on Part I, line 20 b3 40ther (specn?y): b4 Add lines b1 through b4 Subtract line from line a Amounts Included on Part I, line 17Investment expenses not Included on Part 1, llne 6b . d1 20ther (specufy) d2 Add lines Total expenses LPart 1, line 17). Add lines and . 1% 1.1111 Current Officers, Directors, Trustees, and Key Employees (LIst each person who was an of?cer, director, trustee, or key employee at any time during the year even If they were not compensated (See the Instructions.) (B) Title and laneragie?iours (D) to (E) Expednseh per wee evo I no pal emp ene I account an ot er (A) Name and address to posmon enter plans and deferred allowances compensation plans MR . MALCOLM WALLOP OAKTON, VA 22124 CHAIRMAN 5 0. 0. 0. MR. GEORGE LANDRITH OAKTON, VA 22124 PRESIDENT DIR. 14 0. 0. 0. CAREN HOUSTON OAKTON, VA 22124 VICE PRES. or POLICY ROBERT FERGUSON OAKTON, VA 22124 CSPP: EX. DIR. 0. 0. 0. GEORGE LANDRITH OAKTON, VA 22124 PRESIDENT 1 O. 0. 0. See LIst of Of?cers, Etc Statement BAA TEEA0105 ours/o7 Form 990 (2006) 75a Enter the total number of of?cers, dIrectors, and trustees permItted to vote on organIzatIon busmess as board meetIngs Are any of?cers, dIrectors, trustees, or key employees IIsted In Form 990, Part V- A, or hIghest compensated Isted In Schedule A, Part I or hIghest compensated profeSSIonal and other Independent contractors lIsted In Sche A, Part II- A or II- B, related to each other through famIly or busmess relatIonshIps? If 'Yes,' attach a statement that Identi?es the IndIVIduals and explaIns the relatIonship(s) Do any of?cers, directors trustees, or key employees listed In form 990, Part V- A, or hIghest compensated employees lIsted In Schedule A, Part I, or hIghest compensated professmnal and other Independent contractors lIsted In Schedule A, Part II- A or Il- B, recere compensatIon from any other organIzatIons, whether tax exempt or taxable, that are related to the organIzatIon? See the InstructIons for the defInItIon of 'related organlzatIon' If 'Yes,' attach a statement that Includes the InformatIon descrIbed In the InstructIons. ?d Does the organIzatIon have a ertten conflIct of Interest pollcy" ule Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits (lfn an former of?cer, dIrector, trustee, or key employee recered compensatlon or other bene?ts (descrIbed below) durIng the year, Ist that person below and enter the amount of compensatlon or other bene?ts In the approprlate column See the InstructIons (C) gompensghon (D) ContrIbutIons to (E) Expense Loans and (I not paI emp bene?t account and other (A) Name and address Advances enter -0-) plans and deferred allowances compensatIon plans Other Information (See the Instructrons.) Yes No 76 Old the organIzatIon make a change In Its actIVItIes or methods of conductIng actIVItIes? If 'Yes,' attach a detaIled statement of each change 76 77 Were any changes made In the organIzmg or governIng documents but not reported to the 77 If 'Yes,' attach a conformed copy of the changes 78a the organIzatIon have unrelated business gross Income of $1,000 or more durIng the year covered by thIs return? 78a If 'Yes,' has It ?led a tax return on Form 990-T for thIs year? 78b 79 Was there a quUIdatIon, dIssolutIon, termInatIon, or substantIal contractlon durIng the year? If ','Yes attach a statement 79 803 Is the organIzatIon related other than by assomatlon WIth a stateWIde or natIonWIde organIzatIon) through common membershIp, governIng bo Ies, trustees, of?cers, etc, to any other exempt or nonexempt organIzatIon? 80a If 'Yes,' enter the name of the organlzatlon 9E and check whether It Is exempt or Cl nonexempt 81 a Enter dIrect and IndIrect po ItIca expendItures. (See ?ne 81 InstructIons .L81al the organIzatIon ?le Form 1120-POL for Ms year? 81 BAA Oll18I07 Form 990 (2006) Form 990 (2006). FRONTIERS OF FREEDOM FOUNDATION 54-2050093 Page 7 Other Information (continuedanization receive donated serwces or the use of materials, eqUIpment, or faculties at no charge or at substantia ly less than fair rental value? 82a If 'Yes,? you may indicate the value of these Items here Do not include this amount as revenue in Part or as an expense in Part It (See instructions in Part 82b 83a Did the organization comply With the public inspection reqmrements for returns and exemption applications? Did the organization comply With the disclosure requirements relating to pro quo contributions? 84a Did the organization any contributions or gifts that were not tax deductible? If 'Yes,? did the organization include With every soli0itation an express statement that such contributions or gifts were not tax deductible. 85 501(c)(4), (5), or (6) organizations. 3 Were substantially all dues nondeductible by members? Did the organization make only in-house lobbying expenditures of $2,000 or less? If 'Yes' was answered to either 85a or 85b, do not complete 85c through 85h below unless the organization received a waiver for proxy tax owed for the prior year. Dues, assessments, and similar amounts from members . 85c Section 162(e) lobbying and political expenditures 85d Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices 85e Taxable amount of lobbying and political expenditures (line 85d less 859) 85f 9 Does the organization elect to pay the section 6033(e) tax on the amount on line 85f? 85 If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount on line 85f to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the lollowmg tax year? 85h 86 501(c)(7) organizations. Enter: a Initiation fees and capital contributions included on line 12 . . 863 Gross receipts, included on line 12, for public use of club faCilities . 86b 87 501(c)( 12) organizations. Enter: a Gross income from members or shareholders 87a bGross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from themany time during the year, did the organization own a 50% or greater interest in a taxable cor oration or partnership, or an entity disregarded as separate from the organization under Regulations sections 301 770 -2 and 301 .7701-3? If 'Yes,? complete Part IX 883 At any time during the ear, did the organization, directly or indirectly, own a controlled entity Within the meaning of section 512(b)(13)? If es,? complete art XI . 88b 89a 501(c)(3) organizations Enter. Amount of tax imposed on the organization during the year under: section 4911 section 4912 section 4955 501(c)(3) and 501(c) 4) organizations. Did the organization engage in any section 4958 excess benefit transaction during the year or di it become aware of an excess benefit transaction from a prior year? If 'Yes.? attach a statement explaining each transaction . . 89b Enter: Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958 0 . Enter: Amount of tax on line 89c, above, reimbursed by the organization All organizations. At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? 89a All organizations. Did the organization achIre a direct or indirect interest in any applicable insurance contract? . 89f 9 For supporting organizations and sponsoring organizations maintaining donor advrsed funds. Did the supporting organization, or a fund maintained by a sponsoring organization, have excess busmess holdings at any time during the year? . . . . 899 90a List the states With which a copy of this return is filed 13 Number of employees employed in the pay period that includes March 12, 2006 (See instructions9013' 91 a The books are in care of Telephone number 216:9 Located at 991$ 9111511034 ZIP 4 _2_2 At any time during the calendar year, did the organization have an interest in or a Signature or other authority over a Yes No finanCIal account in a foreign country (such as a bank account, securities account, or other finanCial account If 'Yes,? enter the name of the foreign country See the instructions for exceptions and filing requurements for Form TD 90-221, Report of Foreign Bank and Fll'lal'lClal Accounts. BAA Form 990 (ads) TEEA0107 01.118107 Form 990 (2006i FRONTIERS OF FREEDOM FOUNDATION 54-20500 93 Page 8 Other Information (continued) Yes No At any time during the calendar year, did the organization maintain an office outSide of the United States? I 91 If 'Yes,? enter the name of the foreign country 92 Section 4947(a)(1) nonexempt charitable trusts filing Form 990 in lieu of Farm 1047 Check here Ir and enter the amount of tax-exempt interest received or accrued during the tax gear . 92 I ?lnalysis of Income-Producing Activities (See the Instructions.) Unrelated busmess income Excluded by section 512, 513, or 514 Note: Enter amounts UHIGSS (A) (B) (D) Relatedsgr) exempt otherwrse Indicated. Busmess code Amount Exc u5ion code Amount function income 93 Program serwce revenue: Medicare/Medicaid payments 9 Fees contracts from government agencnes 94 Membership dues and assessments 95 Interest on savmgs temporary cash 1 4 96 DiVidends interest from securities 97 Net rental income or (loss) from real estate. a debt-financed property not debt-financed property 98 Net rental income or (loss) from pers prop 99 Other investment income 100 Gain or (loss) from sales of assets other than inventory . 1 01 Net income or (loss) from spemal events 102 Gross profit or (loss) from sales of Inventory 103 Other revenue: a REIMBURSED EXPENSES 104 Subtotal (add columns (B), (D), and 105 Total (add line 104, columns (B), (D), and . Note: Line 105 plus line ie, Part i, should equal the amount on line 12, Part I. Relationship of Activities to the Accomplishment of Exempt Purposes (See the instructions.) Line Explain how each actIVIty for which income is reported in column (E) of Part VII contributed importantly to the accomplishment of the organization's exempt purposes (other than by prOViding funds for such purposes) Information Regarding Taxable Subsidiaries and Disregarded Entities (See the instructions.) WA (A) (B) (C) (D) (E) Name, address, and EIN of corporation, Percentage of Nature of actiwties Total End-of-year partnership, or disregarded entity ownership interest income assets anormation RegardingTransfers Associated with Personal Benefit Contracts (See the instructions.) a Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? Yes No Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? . . Yes No Note: If 'Yes' to file Form 8870 and Form 4720 (see instructions). BAA TEEA0108 04:04:07 Form 990 (2006)