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Non-profit

Fund for Policy Reform Trust

Location:

New York, NY
Tax ID:

26-4351242
Tax-Exempt Status:

501(c)(4)

Budget (2022):

Revenue: $357,192,867
Expenses: $403,103,804
Assets: $803,585,533
Type:

Clearinghouse for Fund for Policy Reform

Contact InfluenceWatch with suggested edits or tips for additional profiles.

Also see the similarly named Fund for Policy Reform (Nonprofit)

The Fund for Policy Reform Trust is a left-of-center advocacy nonprofit funded by billionaire George Soros and affiliated with his Open Society Network.

While their exact relationship is unclear, the Fund for Policy Reform Trust, appears to act as an endowment and clearinghouse for its “sister” nonprofit, the Fund for Policy Reform, another Soros-affiliated Open Society nonprofit that makes grants to center-left groups. In 2018 alone, the group granted $750 million to the Fund for Policy Reform, its sole grant recipient and the sole donor to the Fund for Policy Reform. 1 In 2017, it granted $100 million to the Fund for Policy Reform. 2

As of 2022, the Trust reported 803,585,533 in total assets. Return of Organization Exempt from Income Tax (Form 990). Fund for Policy Reform, Inc. 2022. Part I. https://projects.propublica.org/nonprofits/organizations/264351242/202303199349322205/full[/note]

Leadership

Board of Directors

According to its 2022 IRS Form 990 filing, the board of directors are the following: 3

  • DAN EULE, Director (until 8/1/2022)
  • MICHAEL VACHON, Director
  • LEONARD BENARDO, Director
  • GAIL SCOVELL, Director/Secretary (started 8/1/2022)
  • MARYANN CANFIELD, Director (started 8/1/2022)
  • ALEXANDER SOROS, Director (started 5/31/2022)
  • MAIJA ARBOLINO, Treasurer
  • CATHERINE LIVINGSTON, Secretary (started 12/7/2022)
  • DEBORAH FINE, Secretary (5/31/22-12/7/22)
  • HUGO ARLEY TOBAR OTERO, Unit Manager
  • ARAM BARRA RAMIREZ, Senior Program Manager
  • MARIO ARRIAGADA CUADRIELLO, Senior Program Manager
  • KYONG HWA SEOK, Division Director
  • MARIA ANGELICA ZAMORA PRIETO, Unit Manager

Funding

Financial Documents

The IRS Form 990 filings for Fund for Policy Reform Trust are available below: 4

According to its Grant Database, the Open Society Foundations, through Fund for Policy Reform Trust (under the name Fund for Policy Reform, Inc.), provided a grant worth $2,500,000 to media project Courier Newsroom for the purpose of supporting its, “non-partisan journalism, which aims to further the common good and general welfare of U.S. communities by providing access to information.” 5

References

  1. Return of Organization Exempt from Income Tax (Form 990). Fund for Policy Reform Trust. 2018. Schedule I. Archived: https://www.influencewatch.org/app/uploads/2020/03/Fund-for-Policy-Reform-Trust-2018-Form-990.pdf
  2. Return of Organization Exempt from Income Tax (Form 990). Fund for Policy Reform Trust. 2017. Schedule I.
  3. Return of Organization Exempt from Income Tax (Form 990). Fund for Policy Reform, Inc. 2022. Part VII, Section A. https://projects.propublica.org/nonprofits/organizations/264351242/202303199349322205/full
  4. “Fund for Policy Reform, Inc.” ProPublica, Accessed September 30, 2024. https://projects.propublica.org/nonprofits/organizations/264351242
  5. “Awarded Grants: Fund for Policy Reform.” Open Society Foundations, Accessed September 30, 2024. https://www.opensocietyfoundations.org/grants/past?grant_id=OR2022-86051
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: April 1, 2009

    • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2022 Dec Form 990 $357,192,867 $403,103,804 $803,585,533 $75,477,135 N $332,700,000 $0 $488,523 $0 PDF
    2021 Dec Form 990 $377,721,739 $348,275,369 $881,823,437 $61,490,555 N $375,000,000 $0 $0 $0
    2020 Dec Form 990 $260,295,701 $238,059,118 $751,249,630 $18,846,720 N $196,000,000 $0 $1,761 $0
    2019 Dec Form 990 $227,936,050 $211,139,219 $743,199,508 $67,614,583 N $221,150,000 $0 $6,786,050 $0 PDF
    2018 Dec Form 990 $750,000,521 $142,609,239 $660,347,126 $27,168,768 N $750,000,000 $0 $521 $0 PDF
    2017 Dec Form 990 $100,000,000 $61,993,114 $55,419,398 $24,690,546 N $100,000,000 $0 $0 $0 PDF
    2016 Dec Form 990 $30,200,000 $18,881,992 $12,850,074 $20,128,108 N $30,200,000 $0 $0 $0 PDF
    2015 Dec Form 990 $38,887,118 $1,437,973,977 $12,718,156 $495,923 N $17,500,000 $0 $0 $0 PDF
    2014 Dec Form 990 $9,447,896 $19,626,896 $1,453,399,059 $21,343 N $0 $0 $0 $0 PDF
    2013 Dec Form 990 $-2,099,749 $19,532,251 $919,773,192 $16,215 N $0 $0 $0 $0 PDF
    2012 Dec Form 990 $-3,282,483 $16,224,900 $539,406,071 $28,219 N $0 $0 $0 $0 PDF
    2011 Dec Form 990 $4,377,720 $9,275,761 $501,558,543 $45,460 N $5,000,000 $0 $5 $0 PDF
    2010 Dec Form 990 $501,144 $7,834,899 $59,327,040 $35,049,364 N $0 $0 $501,144 $0 PDF

    Additional Filings (PDFs)

    Fund for Policy Reform Trust

    224 W 57TH ST
    New York, NY 10019-3212