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Filing year 2024

THE SEARLE FREEDOM TRUST

Madison, Wisconsin·EIN 36-7244615·NTEE T122 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$4.3M
Total assets
$22.4M
Total expenses
$21.5M
Reported officers
8

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Wisconsin.

Executive Director
Above 90th percentile
$626k
$673k
Trustee
Board Member
Above 90th percentile
$325k
$350k
Grant Advisor
Unclassified
$25k
$27k
Grant Advisor
Unclassified
$24k
$26k
Grant Advisor
Unclassified
$22k
$24k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE SEARLE FREEDOM TRUST equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$18.9M

Itemized grants

80

Median grant

$200k

RecipientLocationPurposeAmount
AMERICAN ENTERPRISE INSTITUTEWASHINGTON, DCRESEARCH$1.1M
GEORGE MASON UNIVERSITY FOUNDATIONFAIRFAX, VAEDUCATION AND OUTREACH$1M
STATE POLICY NETWORKARLINGTON, VARESEARCH$886k
FOUNDATION FOR GOVERNMENT ACCOUNTABILITYNAPLES, FLRESEARCH$800k
CENTER FOR INDIVIDUAL RIGHTSWASHINGTON, DCJOURNALISM$500k
PACIFIC LEGAL FOUNDATIONSACRAMENTO, CALITIGATION$500k
COMPETITIVE ENTERPRISE INSTITUTEWASHINGTON, DCRESEARCH$500k
PHILANTHROPY ROUNDTABLEWASHINGTON, DCEDUCATION AND OUTREACH$400k
NEW CIVIL LIBERTIES ALLIANCEWASHINGTON, DCJOURNALISM$400k
COMMITTEE TO UNLEASH PROSPERITYPOTOMAC, MDRESEARCH$400k
GEORGIA CENTER FOR OPPORTUNITYPEACHTREE CORNERS, GARESEARCH$400k
TAX FOUNDATIONWASHINGTON, DCRESEARCH$400k
TEXAS PUBLIC POLICY FOUNDATIONAUSTIN, TXJOURNALISM$380k
DEFENSE OF FREEDOM INSTITUTEALEXANDRIA, VAEDUCATION AND OUTREACH$350k
EMERGENT ORDER FOUNDATIONAUSTIN, TXFELLOWSHIPS$300k
MOVING PICTURE INSTITUTENEW YORK, NYFELLOWSHIPS$300k
REASON FOUNDATIONLOS ANGELES, CAFELLOWSHIPS$300k
FRANKLIN NEWS FOUNDATIONCHICAGO, ILFELLOWSHIPS$300k
VMTS EDUCATION INCBROOKLYN, NYFELLOWSHIPS$300k
REAL CLEAR FOUNDATIONNORTHBROOK, ILFILM AND NEW MEDIA$300k
INSTITUTE FOR JUSTICEARLINGTON, VAJOURNALISM$300k
NATIONAL TAXPAYERS UNION FOUNDATIONWASHINGTON, DCJOURNALISM$300k
AMERICA FIRST POLICY INSTITUTEWASHINGTON, DCRESEARCH$300k
FEDERALIST SOCIETYWASHINGTON, DCEDUCATION AND OUTREACH$295k
PROPERTY AND ENVIRONMENT RESEARCH CENTERBOZEMAN, MTJOURNALISM$275k
Compare this foundation's grantees

Down 4%
from 2023

From $650k in 2023 to $626k in 2024.

$650k
2023
$626k
2024
In today's dollarsEst.
Down 6% in real terms$718k to $673k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 6% from 2023 to 2024.

$589k in 2023 to $626k in 2024.
  • Board Member pay fell 50% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE SEARLE FREEDOM TRUST

What does the Chief Executive Officer of THE SEARLE FREEDOM TRUST earn?

In 2024, the Chief Executive Officer of THE SEARLE FREEDOM TRUST received $625,884 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Wisconsin: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE SEARLE FREEDOM TRUST compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Wisconsin, the 2024 pay of the Chief Executive Officer at THE SEARLE FREEDOM TRUST falls in the top 10%. In 2024, the highest total compensation at THE SEARLE FREEDOM TRUST equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE SEARLE FREEDOM TRUST's revenue and expenses?

In 2024, THE SEARLE FREEDOM TRUST reported $4.3M in total revenue and $21.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.