The Marble Freedom Trust is an American political funding group of the kind known as a 501(c)(4) social welfare organization, headed by Leonard Leo, who is trustee and chairman. It is permitted to support political candidates and causes and is exempt from disclosing its donors.
History
The MFT was established in April, 2020, and by March, 2021, it had effectively been given $1.65 billion by Barre Seid. The money was transferred to the Marble Freedom Trust in the form of ownership of the electronics company Tripp Lite, by its founder and sole owner Barre Seid. In March, 2021, the company was purchased from the Trust by the Eaton Corporation, with the result that the Trust had cash assets of $1.65 billion.
In the tax year ending in April 2022 the Marble Freedom Trust donated $182.7 million to other organizations and causes.
In 2022 the MFT was headquartered in North Salt Lake, Utah and its administrative trustee was Tyler Green.
Positions
The Marble Freedom Trust generally promotes positions and causes consistent with Conservatism in the United States.
The MFT opposes the adoption of Environmental, social, and corporate governance (ESG) by corporations.