2024-11-15T08:58:26-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2023-01-01 231657857 FREEDOMS FOUNDATION AT VALLEY FORGE FREE 6109338825 1601 VALLEY FORGE ROAD PO BOX 67 VALLEY FORGE PA 194810067 JOHN MEKO PRESIDENT 6109338825 2024-11-12 1 0 WILLIAM A LOUGHERY P01603932 2156433900 2024-11-12 2023 2024-10-15 13:58:12Z X JOHN MEKO 1601 VALLEY FORGE ROAD PO BOX 67 VALLEY FORGE PA 194810067 3927407 0 2529 X FREEDOMSFOUNDATION.ORG X 1949 PA PROVIDE CIVIC EDUCATION PROGRAMS TO TEACHERS AND STUDENTS X 13 12 12 1000 0 0 1080600 913772 593775 768163 149105 275476 94910 70073 1918390 2027484 0 0 0 0 1197715 1371387 0 0 525708 1683812 1706739 2881527 3078126 -963137 -1050642 12893013 0 452910 0 12440103 0 X TO EDUCATE ABOUT AMERICAN RIGHTS AND RESPONSIBILITIES, HONOR ACTS OF CIVIC VIRTUE, AND CHALLENGE ALL TO REJECT APATHY AND GET INVOLVED. 0 0 2261040 0 768163 CIVIC EDUCATION: FREEDOMS FOUNDATION OFFERS EDUCATION PROGRAMS TARGETING PRIMARY AND SECONDARY SCHOOL STUDENTS. IN 2023, EIGHTEEN PROGRAMS FOR 921 PRIMARY SCHOOL STUDENTS FOCUSED ON THE FOUNDING OF THE COUNTRY AND ESTABLISHING DEEPLY PERSONAL CONNECTIONS TO HISTORY. SIXTEEN PROGRAMS FOR 742 HIGH SCHOOL AND COLLEGE STUDENTS FOCUSED ON CIVIC RESPONSIBILITY, AMERICAN HISTORY, AND THE FOUNDING DOCUMENTS. IN 2023, PROGRAMS WERE HELD IN PERSON ON OUR 72-ACRE CAMPUS AND INCLUDED NEARLY 37,000 HOURS OF STUDENT INSTRUCTION IN CIVIC EDUCATION.(CONTINUED ON SCHEDULE O)FREEDOMS FOUNDATION ALSO OFFERS EDUCATION PROGRAMS FOR TEACHERS. IN 2023, WE WELCOMED 238 TEACHERS TO OUR IN-PERSON GRADUATE PROGRAMS, INCLUDING 5 SEMINARS AND 1 TRAVELING WORKSHOP, WHICH PROVIDE HISTORY AND CIVIC CONTENT BY EXPOSING TEACHERS TO EXTRAORDINARY SCHOLARS AND THINKERS IN PROGRAMS ON THE CONSTITUTION, AMERICAN HISTORY, CHARACTER DEVELOPMENT, AND AMERICAN VALUES. WITH TEACHERS AVERAGING 100 STUDENTS IN A SINGLE SCHOOL YEAR, THIS MEANS MORE THAN 23,800 STUDENTS WERE OR WILL BE IMPACTED BY FREEDOMS FOUNDATION'S EFFORTS IN THE 2023-2024 SCHOOL YEAR. 31331 0 0 HONORING ACTS OF CIVIC VIRTUE: THROUGH ITS NATIONAL AWARDS PROGRAM, FREEDOMS FOUNDATION RECOGNIZED 101 INDIVIDUALS AND ORGANIZATIONS IN 2023 AS EXAMPLES OF CIVIC RESPONSIBILITY. THIS PROGRAM RECOGNIZES ADULTS AND STUDENTS FOR COMMUNITY SERVICE, PUBLIC COMMUNICATIONS, STUDENT ESSAYS, SPECIAL EVENTS, AND OUTSTANDING WORK IN THE CLASSROOM. SINCE ITS FOUNDING, MORE THAN 57,000 NATIONAL AWARDS HAVE BEEN PRESENTED. 2292371 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 38 0 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 1 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 CA NY NJ PA FL X THE ORGANIZATION 6109338825 1601 VALLEY FORGE ROAD PO BOX 67 VALLEY FORGE PA 194810067 DAVID J HARMER CEO 40.00 0.00 X X 301372 0 50454 JASPER WYMAN VICE PRESIDENT OF ADVANCEMENT 40.00 0.00 X 141558 0 11590 JASON RAIA COO 40.00 0.00 X 133013 0 17142 JORDAN W CLEMENTS CHAIR 1.00 0.00 X X 0 0 0 DIANE DESHONG VICE CHAIR 1.00 0.00 X X 0 0 0 JON NEHLSEN TREASURER 1.00 0.00 X X 0 0 0 SHELBY SCARBROUGH SECRETARY 1.00 0.00 X X 0 0 0 WILLIAM P BENAC SR BOARD MEMBER 0.50 0.00 X 0 0 0 LARRY BRASHER BOARD MEMBER 0.50 0.00 X 0 0 0 SALLY BRINTON BOARD MEMBER 0.50 0.00 X 0 0 0 SANDY COOK BOARD MEMBER 0.50 0.00 X 0 0 0 JAMES C MCCLOUGHAN BOARD MEMBER 0.50 0.00 X 0 0 0 MARK NASO BOARD MEMBER 0.50 0.00 X 0 0 0 MARVELL RUPPEL BOARD MEMBER 0.50 0.00 X 0 0 0 LYALL SWIM BOARD MEMBER 0.50 0.00 X 0 0 0 575943 0 79186 3 0 1 0 VALLEY FORGE CATERING COMPANY INC 1422 SENTRY LANE EAGLEVILLE PA 19403 CATERING SERVICES 162892 ELITE COACH 1685 WEST MAIN STREET EPHRATA PA 17522 BUS CHARTER 117748 CAWLEY ENVIRONMENTAL SERVICES INC 117 ROBBINS ROAD DOWNINGTOWN PA 19335 WATER TESTING 103586 3 101544 812228 9850 913772 EDUCATIONAL 611710 768163 768163 768163 236734 236734 44253 5376 38877 38877 38877 1856824 76465 1810283 84264 46541 -7799 38742 38742 10602 0 10602 10602 INSURANCE PROCEEDS 900099 19485 19485 MISCELLANEOUS REVENUE 900099 1109 1109 20594 2027484 768163 0 345549 351827 228687 35183 87957 779208 478576 36892 263740 50110 37321 2946 9843 106217 76857 7224 22136 84025 51607 3978 28440 85256 41638 40177 3441 44420 44420 246339 236128 1874 8337 9489 115 9374 83469 57457 660 25352 42640 27701 8393 6546 322340 293546 1041 27753 325481 296729 13542 15210 6223 6223 170265 146257 23325 683 123687 120314 2811 562 STUDENT MEALS 197346 197346 MERGER AND PARTNERSHIP 25584 25584 PODCAST EXPENSE 18349 3331 15018 AWARDS EXPENSE 1252 1252 4599 840 2443 1316 3078126 2292371 260047 525708 37163 0 79159 0 23829 0 44425 0 0 0 0 4052 0 50256 0 0 0 3543574 0 8838566 0 0 0 0 271989 0 12893013 0 315397 0 115180 0 22333 0 452910 0 X 9675552 0 2764551 0 12440103 0 12893013 0 X -1050642 1066039 -12455500 X 0 1 X 1 0 X 1622670 1480097 1541603 1080600 913772 6638742 1622670 1480097 1541603 1080600 913772 6638742 1896693 4742049 306994 248576 319540 278997 280987 1435094 2172 2172 8870 2198 3704 39006 31196 84974 8160982 2749647 0.58110 0.54010 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM SALE OF INVENTORY - 2019 AMOUNT: $ 8,467. 2020 AMOUNT: $ 2,198. 2021 AMOUNT: $ 3,907. 2022 AMOUNT: $ 5,450. 2023 AMOUNT: $ 10,602. MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 403. 2021 AMOUNT: $ -203. 2022 AMOUNT: $ 23,556. 2023 AMOUNT: $ 20,594. SPECIAL EVENTS - 2022 AMOUNT: $ 10,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 1 41.59 0 0 0 1 0 25.00 1000 1840922 302970 -4964 2138928 2221593 -374845 -5826 1840922 2016628 231845 26880 2221593 3912806 21490 272749 2190417 2016628 3520541 20100 562115 189950 3912806 0.23790 0.03810 0.72400 0 0 114268 114268 4252331 2944166 1308165 1180741 57398 1123343 1519739 1344593 175146 855062 21066 833996 3554918 X 3076156 1066039 27053 1093092 1983064 44420 44420 2027484 3039082 5376 5376 3033706 44420 44420 3078126 PART II, LINE 9: NATURE OF OPERATIONS - THE FOUNDATION CONDUCTS PROGRAMS AND PROVIDES MATERIALS ON RESPONSIBLE CITIZENSHIP AND MAINTAINS 41.59 ACRES HONORING RECIPIENTS OF THE MEDAL OF HONOR. PART V, LINE 4: TO SUPPORT DONOR-DESIGNATED PROGRAMS. PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE, HAS NO PROVISION FOR FEDERAL OR STATE INCOME TAXES. THE FOUNDATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE APPLICATION OF THIS STANDARD HAS NO IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION'S INFORMATIONAL TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN VALUE OF PERPETUAL TRUST 21,677. DIRECT FACILITY RENTAL EXPENSES 5,376. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FACILITY RENTAL EXPENSES 5,376. X X X 1 0 0 0 0 0 0 0 0 DAVID J HARMER CEO 301372 0 0 0 0 0 28038 0 22416 0 351826 0 0 0 JASPER WYMAN VICE PRESIDENT OF ADVANCEMENT 141558 0 0 0 0 0 11423 0 167 0 153148 0 0 0 JASON RAIA COO 133013 0 0 0 0 0 10374 0 6768 0 150155 0 0 0 PART I, LINE 4A JASPER WYNMAN RECEIVED A SEVERANCE PAYMENT OF $25,000 IN DECEMBER 2023. CASH - NON-INTEREST BEARING 2023-12-31 101753 CASH 261894379 THE UNION LEAGUE LEGACY FOUNDATION 140 SOUTH BROAD STREET PHILADELPHIA PA 19102 501(C)(3) PLEDGES AND GRANTS RECEIVABLE, NET 2023-12-31 115082 NET REALIZABLE VALUE 261894379 THE UNION LEAGUE LEGACY FOUNDATION 140 SOUTH BROAD STREET PHILADELPHIA PA 19102 501(C)(3) ACCOUNTS RECEIVABLE, NET 2023-12-31 51761 NET REALIZABLE VALUE 261894379 THE UNION LEAGUE LEGACY FOUNDATION 140 SOUTH BROAD STREET PHILADELPHIA PA 19102 501(C)(3) INVENTORIES 2023-12-31 4052 NET REALIZABLE VALUE 261894379 THE UNION LEAGUE LEGACY FOUNDATION 140 SOUTH BROAD STREET PHILADELPHIA PA 19102 501(C)(3) PREPAID EXPENSES 2023-12-31 97838 ACTUAL COST 261894379 THE UNION LEAGUE LEGACY FOUNDATION 140 SOUTH BROAD STREET PHILADELPHIA PA 19102 501(C)(3) LAND, BUILDINGS, AND EQUIPMENT, NET OF ACCUMULATED DEPRECIATION 2023-12-31 3554918 BOOK VALUE 261894379 THE UNION LEAGUE LEGACY FOUNDATION 140 SOUTH BROAD STREET PHILADELPHIA PA 19102 501(C)(3) INVESTMENTS - PUBLICLY TRADED SECURITIES 2023-12-31 8476352 FAIR MARKET VALUE 261894379 THE UNION LEAGUE LEGACY FOUNDATION 140 SOUTH BROAD STREET PHILADELPHIA PA 19102 501(C)(3) OTHER ASSETS 2023-12-31 309506 FAIR MARKET VALUE 261894379 THE UNION LEAGUE LEGACY FOUNDATION 140 SOUTH BROAD STREET PHILADELPHIA PA 19102 501(C)(3) 1 1 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: JORDAN W. CLEMENTSJON NEHLSENWILLIAM P. BENAC, SR.SALLY BRINTONSANDY COOKMARK NASOLYALL SWIMDIANE DESHONGSHELBY SCARBROUGHLARRY BRASHERJAMES MCCLOUGHANMARVELL RUPPELDAVID J. HARMER PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: CLEMENTS, NEHLSEN, BENAC, BRINTON, COOK, NASO, SWIM, DESHONG, SCARBROUGH, BRASHER, MCCLOUGHAN, AND RUPPEL WILL BECOME DIRECTORS OF THE TRANSFEREE ORGANIZATION.HARMER WILL BECOME AN EMPLOYEE OF THE TRANSFEREE ORGANIZATION FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS MAY ESTABLISH ONE OR MORE COMMITTEES TO CONSIST OF ONE OR MORE DIRECTORS OF THE CORPORATION. ANY SUCH COMMITTEE, TO THE EXTENT PROVIDED IN THE RESOLUTION OF THE BOARD OF DIRECTORS FORMING THE COMMITTEE, SHALL HAVE AND MAY EXERCISE ANY OF THE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS, EXCEPT THAT NO COMMITTEE SHALL HAVE ANY POWER OR AUTHORITY AS TO THE FOLLOWING: (A) THE FILLING OF VACANCIES ON THE BOARD OF DIRECTORS. (B) THE ADOPTION, AMENDMENT OR REPEAL OF THE BYLAWS. (C) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD OF DIRECTORS. (D) ACTION ON MATTERS COMMITTED BY THE BYLAWS OR BY RESOLUTION OF THE BOARD OF DIRECTORS TO ANOTHER COMMITTEE OF THE BOARD OF DIRECTORS. IF ANY PERSON WHO IS NOT A DIRECTOR IS APPOINTED TO ANY COMMITTEE OF THE BOARD OF DIRECTORS, SUCH NON-DIRECTOR SHALL HAVE NO RIGHT TO VOTE ON ANY QUESTION THAT WOULD CREATE A BINDING OBLIGATION OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF DIRECTORS AGREED TO MERGE WITH AND INTO THE UNION LEAGUE LEGACY FOUNDATION ("LEGACY FOUNDATION") ON DECEMBER 25, 2023. THE LEGACY FOUNDATION IS AN EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE UNDER 170(B)(1)(A)(VI). THE EFFECTIVE DATE OF THE MERGER WAS DECEMBER 31, 2023, AT WHICH DATE ALL ASSETS, LIABILITIES AND NET ASSETS OF FREEDOMS FOUNDATION AT VALLEY FORGE WERE TRANSFERRED TO LEGACY FOUNDATION. IN CONJUNCTION WITH THE MERGER, THE LEGACY FOUNDATION FORMED A PENNSYLVANIA NONPROFIT LIMITED LIABILITY COMPANY, FREEDOMS FOUNDATION AT VALLEY FORGE LLC (FFVF LLC), WITH THE SOLE MEMBER BEING THE LEGACY FOUNDATION. THE SOLE AND EXCLUSIVE PURPOSE OF FFVF LLC IS TO ASSUME THE ROLE AND RESPONSIBILITIES AS THE CENTRAL ORGANIZATION UNDER THE IRS GROUP EXEMPTION FOR THE FREEDOMS FOUNDATION AT VALLEY FORGE CHAPTERS WITH THE GROUP EXEMPTION NUMBER 2529. AS THE SOLE MEMBER OF FFVF LLC AND A RESULT OF THE MERGER, LEGACY FOUNDATION ASSUMES THE LEGAL RESPONSIBILITIES AS THE CENTRAL ORGANIZATION UNDER THE IRS GROUP EXEMPTION NUMBER 2529, FREEDOMS FOUNDATION AT VALLEY FORGE CHAPTERS. THE EIN OF LEGACY FOUNDATION IS 26-1894379 AND SHOULD NOW BE CONNECTED TO GROUP EXEMPTION NUMBER 2529. IN 2024 LEGACY FOUNDATION CHANGED ITS NAME TO FOUNDING FORWARD. THE PURPOSE OF THE MERGER IS TO COMBINE LEGACY FOUNDATION AND FREEDOMS FOUNDATION AT VALLEY FORGE INTO A SINGLE, COMPREHENSIVE, MORE EFFICIENT AND EFFECTIVE ORGANIZATION TO CARRY OUT THEIR RESPECTIVE MISSIONS, PURPOSES AND ACTIVITIES AS ONE COMBINED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM, REVIEWED BY THE CEO AND TREASURER, AND DISTRIBUTED TO THE FULL BOARD, TOGETHER WITH ALL APPLICABLE ATTACHMENTS, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL OFFICERS, DIRECTORS, TRUSTEES, BOARD MEMBERS, AND KEY EMPLOYEES. BOARD MEMBERS SIGN A RELATED FORM DECLARING ANY AND ALL CONFLICTS, ALLOWING THE BOARD TO DECIDE IF A DIRECTOR SHOULD RECUSE HIM/HERSELF FROM DISCUSSION OR VOTE AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CEO IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE BOARD'S DELIBERATION AND DECISION ON THE CEO'S 2023 COMPENSATION INCLUDED USAGE OF COMPARABILITY DATA, WAS CONTEMPORANEOUSLY DOCUMENTED AND COMMUNICATED TO ALL APPROPRIATE PARTIES VIA EMAIL. FORM 990, PART VI, SECTION B, LINE 15B: NO OTHER COMPENSATED INDIVIDUAL MEETS THE IRS DEFINITION OF OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: INCREASE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 21,677. TRANSFER OF NET ASSETS ON MERGER DATE -12,477,177. FREEDOMS FOUNDATION AT VALLEY FORGE - CHAPTERS 1601 VALLEY FORGE ROAD PO BOX 67 VALLEY FORGE PA 194810067 237417351 EDUCATIONAL SERVICES PA 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0