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The Free State Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 743160646 ✦ Potomac, MD ✦ Designated as a 501(c)(3)

Overview

What is The Free State Foundation Inc?

The Free State Foundation Inc, located in Potomac, Maryland, is a nonprofit organization dedicated to promoting free market, limited government, and rule of law principles at both federal and state levels. Their primary focus lies in educating policymakers, opinion leaders, the press, and the general public on the importance of eliminating unnecessary and counterproductive regulatory mandates, particularly those affecting communications and high-tech industries. They strive to reduce overly burdensome taxes, protect individual rights, economic liberty, and property rights, and advocate for making government more effective, efficient, and accountable. In pursuit of this mission, they conduct extensive research and publish scholarly studies, engage with major national publications, file public comments in agency rulemaking proceedings, and organize educational events, such as their annual telecom policy conference. These events are open to the public and widely covered in the press, with proceedings made available for public viewing.


Official website here: www.freestatefoundation.org

Is The Free State Foundation Inc legitimate?

The Free State Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Free State Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $474,928
Professional Fundraising Fees: $0
Other Salaries and Wages: $454,371

For more financial information, click here


Official website here: www.freestatefoundation.org

What is the mission statement of The Free State Foundation Inc?

The Free State Foundation Inc's primary mission is to promote the understanding of free market, limited government, and rule of law principles. This is achieved through research and educational activities, targeting policymakers, opinion leaders, the press, and the general public. The organization emphasizes the need to eliminate unnecessary and counterproductive regulatory mandates, particularly in the communications and high-tech industries. Additionally, they advocate for reducing burdensome taxes, protecting individual rights, economic liberty, and property rights. The foundation also strives to make government more effective, efficient, and accountable.


Official website here: www.freestatefoundation.org

Who is the CEO of The Free State Foundation Inc?

Randolph J May is the President of The Free State Foundation Inc.


Official website here: www.freestatefoundation.org

What is the revenue of The Free State Foundation Inc?

The Free State Foundation Inc's revenue in 2022 was $1,219,957.


Official website here: www.freestatefoundation.org

Who are the executives of The Free State Foundation Inc and what are their salaries?

The average compensation at The Free State Foundation Inc during 2022 was $185,860. There are 5 employees at The Free State Foundation Inc.

Here are 7 key members and their salaries:

    Randolph J May (President) [Trustee/Director]
  • Compensation: $362,694
  • Related: $0
  • Other: $37,654

    • Seth Cooper (Director Of Policy Studies)
  • Compensation: $211,950
  • Related: $0
  • Other: $28,095

    • Andrew Long (Senior Fellow)
  • Compensation: $146,778
  • Related: $0
  • Other: $19,050

    • Laurie J May (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $112,234
  • Related: $0
  • Other: $11,779

    • Thomas Tauke (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William K Keane (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Howard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.freestatefoundation.org

    Where can I find the form 990 for The Free State Foundation Inc?

    The The Free State Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.freestatefoundation.org

    Learn more at the official website: www.freestatefoundation.org

    Mission Statement of The Free State Foundation Inc

    The Free State Foundation, in its mission, strives to advocate for the understanding of free market, limited government, and rule of law principles at both the federal level and in the state of Maryland. The organization focuses on educating policymakers, opinion leaders, the press, and the general public on the importance of eliminating unnecessary and counterproductive regulatory mandates, particularly those applicable to the communications and other high-tech industries. Additionally, The Free State Foundation works towards reducing overly burdensome taxes, protecting individual rights, economic liberty, and property rights. The ultimate goal is to make government more effective, efficient, and accountable. Through its research and educational activities, The Free State Foundation aims to influence policy decisions and foster a more free and prosperous society.

    Impact

    This information is meant to be a general summary of The Free State Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Free State Foundation Inc's impact is significant in promoting understanding of free market, limited government, and rule of law principles at both the federal level and in Maryland. Through its research and educational activities, the foundation plays a crucial role in educating policymakers, opinion leaders, the press, and the general public on the need to eliminate unnecessary and counterproductive regulatory mandates, particularly in industries such as communications and high-tech. Additionally, the foundation works towards reducing burdensome taxes, protecting individual rights, economic liberty, property rights, and advocating for more effective, efficient, and accountable government.

    Specifically, The Free State Foundation's Communications Law and Reform Project aims to adapt communications and internet law and policy to the dynamic technological and competitive realities of the digital age. In 2022 alone, the foundation published numerous articles and scholarly studies, produced blogs, filed substantive public comments with various agencies, and held events like the annual Telecom Policy Conference and webinars on hot topics in copyright law. These activities have led to the foundation being quoted in major national publications, attracting distinguished speakers, reaching a wide audience, and contributing to discussions on critical policy issues.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $52,792
  • Program Service Revenue: $0
  • Gross Receipts: $1,429,547

    • Assets and Liabilities:
  • Total Assets: $3,306,788
  • Total Liabilities: $74,965
  • Net Assets: $3,231,823
  • Organization Details

    Founding Year

    2005

    Principal Officer

    Randolph J May

    Main Address

    10701 STAPLEFORD HALL DRIVE, POTOMAC, MD, 20854

    NTEE Category

    Code: B99 - Education

    If you are a representative of The Free State Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.