Anonymous ID: e1d787 May 29, 2025, 6:33 p.m. No.23097565   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>7590

>>23097552

 

 

Non-profit

Marble Freedom Trust

Tax-Exempt Status:

 

501(c)(4)

Founded:

 

2020

Founder:

 

Leonard Leo

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The Marble Freedom Trust is a right-of-center organization founded in 2020 by Leonard Leo, a conservative legal activist and former executive vice president of the Federalist Society. Its largest known source of funding came from a donation of company shares by Barre Seid, an electronics manufacturing mogul, that were later sold by Marble for $1.6 billion. 1

Background

 

Marble Freedom Trust is a conservative organization founded in 2020 by former Federalist Society executive vice president Leonard Leo. 1

 

Marble Freedom Trust was organized as a trust rather than as a corporation. This means it does not have to disclose as many details about financials, location, and personnel. 2

 

At the end of April 2021, Marble Freedom Trust had more than $1.4 billion in assets. 3

Funding

 

Barre Seid, the former chairman and CEO of electronics manufacturer Tripp Lite, is the largest known contributor to Marble Freedom Trust. 3 The New York Times reported in August 2022 that he had given an โ€œunusual $1.6 billion donationโ€ to Marble. 1

 

The donation was somewhat indirect. In 2021, Barre Seid gave 100 percent of Tripp Lite shares to Marble Freedom Trust. Marble Freedom Trust sold the shares for Tripp Lite to Eaton Corporation, an Irish conglomerate, taking the proceeds. 1 This allowed Seid to avoid paying as much as $400 million in capital gains taxes than if he had sold the company directly to a private buyer, increasing the effective size of his gift to Marble. 4 2

 

Marble Freedom Trust did not publicly say who bought the company. But it was purchased on March 17, 2021, according to the tax form; that same day, Securities and Exchange Commission (SEC) documents show that Eaton acquired Tripp Lite for $1.65 billion. 3

 

https://www.influencewatch.org/non-profit/marble-freedom-trust/

 

 

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Project 2025 and the Project to Take Over Our Courts and Our Rights

 

Oct 1, 2024 โ€ฆ Through the outsourcing of the selection of judges to groups like the Heritage Foundation and Federalist Society, Trump and