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Indiana · Nonprofit

LIBERTY FUND INC

LIBERTY FUND INC (Indiana) receives grants from 7 organizations whose IRS filings report $3,822,416 to it, the largest being JOHN TEMPLETON FOUNDATION ($3,717,324). 2 of them have funded it in more than one year.

Revenue FY2026
$30M
Funders on record
7
Grants received
$3.8M
Net assets
$387M
2/7 repeat funderspeak grant-dependency 13%
01What it does

What Liberty Fund Inc does

Programs

  1. Liberty fund colloquia and symposiums: colloquim and symposiums were developed and conducted in the united states, latin america, and europe. Colloquium and symposiums are to foster thought and encourage discourse on enduring issues pertaining to liberty.

    $8,099,330 spent
  2. Liberty fund websites: the library of the classics of liberty - http://oll.libertyfund.org - is a website dedicated to making the classic texts which contributed to our modern understanding of the nature of limited government, individual liberty, and the free market more accessible to scholars, students and other interested individuals. The library of economics and liberty www.econlib.org - is a website dedicated to advancing the study of economics, markets, and liberty. The library of law and liberty - www.lawliberty.org - is a website dedicated to the content, status, and development of law in the context of republican and limited government and the ways that liberty and law mutually reinforce the other. Www.adamsmithworks.org is a website focusing on the works of adam smith. All of these sites are part of the liberty fund network, and can be accessed under the organization's homepage, www.libertyfund.org.

    $3,618,228 spent
  3. Other educational programs includes programs such as the following: the george f. Will award for the advancement of liberty and the free society recognizes individuals who, like george f. Will, have made significant contributions to our understanding of the free society, individual liberty, and the human condition. The future of liberty podcasts feature conversations with prominent thinkers and leaders across diverse fields. A call to liberty is a monthly online series featuring eighteenth-century books and pamphlets, leading up to the 250th anniversary of the declaration of independence which will be celebrated in july 2026. Expenditures have been incurred in preparation of hosting the mont pelerin society general meeting in october 2026.

    $2,323,889 spent
  4. Liberty fund publishing: liberty fund published two new titles and conducted editorial work on other upcoming publications. Titles selected for publishing are those that will preserve the wisdom and learning of the ages, and strengthen, in particular, the understanding and appreciation of individual liberty and responsibility. Titles include classics in the fields of history, political thought, philosophy, law, education, and economics.

    $1,962,545 spent

The 4 programs described on its FY2026 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($49M) Expenses 100 ($21M) Net assets 100 ($315M)2018 Revenue 24 ($12M) Expenses 90 ($19M) Net assets 98 ($308M)2019 Revenue 40 ($20M) Expenses 92 ($20M) Net assets 98 ($308M)2020 Revenue 32 ($16M) Expenses 79 ($17M) Net assets 97 ($306M)2021 Revenue 57 ($28M) Expenses 70 ($15M) Net assets 101 ($319M)2022 Revenue 82 ($40M) Expenses 84 ($18M) Net assets 108 ($342M)2023 Revenue 26 ($13M) Expenses 87 ($19M) Net assets 107 ($336M)2024 Revenue 45 ($22M) Expenses 92 ($20M) Net assets 107 ($339M)2025 Revenue 115 ($57M) Expenses 85 ($18M) Net assets 120 ($377M)2026 Revenue 60 ($30M) Expenses 95 ($20M) Net assets 123 ($387M)
'17'18'19'20'21'22'23'24'25'26
Revenue (60)Expenses (95)Net assets (123)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $359M to $397M (+11%).

$339M
$331M
$330M
$329M
$341M
$363M
$357M
$359M
$397M
$405M
'17'18'19'20'21'22'23'24'25'26
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

The chief executive listed changed between the FY2020 and FY2021, and between the FY2021 and FY2022 filings.

2017201820192020202120222023
Listed15161212131111
Joined·+1+0+0+2+1+1
No longer listed·040131
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $700k → $50k.

Left out of every figure on this page: $25M from one payer (the payer's own filing calls it a related party, largest Pierre F & Enid Goodrich Foundation). These are real filings, and they are not money LIBERTY FUND INC raised.

From the IRS filings of LIBERTY FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LIBERTY FUND INC leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 97% · 2021 100% · 2022 99% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

LIBERTY FUND INC draws 100% of its grant income from funders outside Indiana, across 7 states in all.

VT
IL
NY
IN
PA
RI
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like LIBERTY FUND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for LIBERTY FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LIBERTY FUND INC?
LIBERTY FUND INC (Indiana) receives grants from 7 organizations whose IRS filings report $3,822,416 to it, the largest being JOHN TEMPLETON FOUNDATION ($3,717,324). 2 of them have funded it in more than one year.
How many funders does LIBERTY FUND INC have?
IRS filings report 7 organizations giving $3,822,416 in grants to LIBERTY FUND INC, 2 of which have funded it in more than one year.
Who is the largest funder of LIBERTY FUND INC?
JOHN TEMPLETON FOUNDATION is the largest funder on record, with $3,717,324 in grants. The full list of funders is on this page.
How can an organization like LIBERTY FUND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2017–2026), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing