Rule of Law Trust
- Assets
- $187.9m
- Revenue
- $2.3m
- Investments
- $3.6m
- Employees
- 0
- Location
- Vienna, VA
- Founding
- Data as of
- 12/2022
- EIN
- 83-1047727
Organization Overview
Rule of Law Trust is located in Vienna, VA. Rule of Law Trust is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Rule of Law Trust generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $11.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE CONSERVATIVE PRINCIPLES AND CAUSES THROUGH COMMUNICATIONS, RESEARCH, STRATEGY AND ASSISTANCE TO OTHER ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED PROJECTS AND CONDUCTED RESEARCH AND COMMUNICATIONS THAT ADVANCED CONSERVATIVE PRINCIPLES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Holtzman Vogel Baran Torchinsky & Josefiak Pllc Legal Services | 12/30/22 | $419,464 |
Semmes Associates Llc Consulting | 12/30/22 | $350,000 |
Baker Hostetler Legal Services | 12/30/22 | $412,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $2,275,161 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,275,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,650,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $869,248 |
| Fees for services: Accounting | $10,438 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $691,333 |
| Advertising and promotion | $0 |
| Office expenses | $109,985 |
| Information technology | $31,605 |
| Royalties | $0 |
| Occupancy | $542,571 |
| Travel | $152,468 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $108,652 |
| Insurance | $774 |
| All other expenses | $1,350 |
| Total functional expenses | $11,168,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $820,082 |
| Savings and temporary cash investments | $1,050,399 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $217,303 |
| Investments—publicly traded securities | $181,955,724 |
| Investments—other securities | $3,585,401 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $235,541 |
| Total assets | $187,864,450 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $187,864,450 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $187,864,450 |
Grants Awarded
Over the last fiscal year, Rule of Law Trust has awarded $8,650,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SCHWAB CHARITABLE FUND PURPOSE: General Operating | $6,000,000 |
KNIGHTS OF COLUMBUS CHARITABLE FUND PURPOSE: General Operating | $2,650,000 |