Fund For Policy Reform Inc
- Assets
- $881.8m
- Revenue
- $377.7m
- Investments
- $737.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-4351242
Organization Overview
Fund For Policy Reform Inc is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fund For Policy Reform Inc 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 12/2021, Fund For Policy Reform Inc generated $377.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 52.4% each year . All expenses for the organization totaled $348.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fund For Policy Reform Inc has awarded 11 individual grants totaling $346,756,325. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SOCIAL WELFARE WITHIN THE MEANING OF SEC.501(C)(4), INCLUDING FUNDING INITIATIVE RELATED TO PUBLIC WELFARE, DRUG POLICY, ALLEVIATION OF POVERTY & CRIMINAL JUSTICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTITUTIONAL GRANTS - INSTITUTIONAL GRANTS WERE PROVIDED TO SUPPORT THE GRANTEES' OPERATIONS AND ACTIVITIES WHICH ADVOCATE FOR THE REFORM OF LAWS AND REGULATIONS THAT AFFECT THE PUBLIC WELFARE.
REGIONAL PROGRAMS - REGIONAL PROGRAMS ENGAGE IN MULTIPLE ISSUES, SUCH AS DEMOCRATIC PRACTICE, EARLY CHILDHOOD & EDUCATION, ECONOMIC JUSTICE, ETC. ACROSS A DEFINED GEOGRAPHIC AREA.
THEMATIC PROGRAMS - THEMATIC PROGRAMS ENGAGE WITH A DEFINED SPECIFIC ISSUE, SUCH AS HUMAN RIGHTS INITIATIVE, ECONOMIC JUSTICE PROGRAM, PUBLIC HEALTH PROGRAM, ETC. ACROSS MULTIPLE GEOGRAPHIC AREAS ACROSS THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorina Celia Zoon Policy Officer | 40 | $256,368 | |
Kyong Hwa Seok Division Director | 40 | $165,403 | |
Diego Garcia Devis Team Manager | 40 | $120,547 | |
Auro Sean Nicholas Fraser Sr. Program Officer | 40 | $113,084 | |
Mario Arriagada Cuadriello Sr. Program Officer | 40 | $108,515 | |
Maija Arbolino Treasurer | Officer | 3.13 | $48,725 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Bridgespan Group Inc Consulting | 12/30/21 | $3,483,000 |
Paris Peace Forum Consulting | 12/30/21 | $877,304 |
Lion's Head Group Inc Consulting | 12/30/21 | $675,000 |
Systemiq Limited Consulting | 12/30/21 | $560,893 |
Skdknickerbocker Llc Consulting | 12/30/21 | $485,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $375,000,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $200,000,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $375,000,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,721,739 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $377,721,739 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $202,156,325 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $102,859,654 |
| 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 | $2,097,094 |
| Pension plan accruals and contributions | $195,862 |
| Other employee benefits | $532,407 |
| Payroll taxes | $12,918 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $635,397 |
| Fees for services: Accounting | $203,812 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,208,827 |
| Advertising and promotion | $0 |
| Office expenses | $212,344 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $351,350 |
| Travel | $43,689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | -$48,050 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,642 |
| Insurance | $3,064 |
| All other expenses | $2,699,496 |
| Total functional expenses | $348,275,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,332,590 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $29,600,000 |
| 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 | $1,706,963 |
| Net Land, buildings, and equipment | $1,219,031 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $737,820,835 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,144,018 |
| Total assets | $881,823,437 |
| Accounts payable and accrued expenses | $2,297,561 |
| Grants payable | $59,119,844 |
| 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 | $73,150 |
| Total liabilities | $61,490,555 |
| Net assets without donor restrictions | $820,332,882 |
| 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 | $881,823,437 |
Grants Awarded
Over the last fiscal year, Fund For Policy Reform Inc has awarded $202,156,325 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL SUPP. | $196,000,000 |
COURIER'S NEWSROOM PURPOSE: GENERAL SUPP. | $2,500,000 |
New York, NY PURPOSE: GENERAL SUPP. | $2,000,000 |
Washington, DC PURPOSE: GENERAL SUPP. | $1,000,000 |
COMMITTEE ON STATES PURPOSE: GENERAL SUPP. | $500,000 |
Boston, MA PURPOSE: GENERAL SUPP. | $156,325 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fund For Policy Reform Inc has recieved totaling $196,000,000.
| Awarding Organization | Amount |
|---|---|
Fund For Policy Reform Wilmington, DE PURPOSE: PROMOTE SOCIAL WELFARE | $196,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For Policy Reform Inc New York, NY | $881,823,437 | $377,721,739 |
Healthix Inc New York, NY | $24,127,296 | $23,546,551 |
Forum Of Firms New York, NY | $4,418,679 | $12,591,914 |
Demos A Network For Ideas And Action Ltd New York, NY | $10,927,971 | $7,159,030 |
Health Care Planning Organization Inc Syracuse, NY | $16,566,077 | $12,522,448 |
Greater Rochester Regional Healthinformation Organization Inc Rochester, NY | $11,358,181 | $8,940,015 |
Vermont Information Technology Leaders Inc South Burlington, VT | $8,229,765 | $10,174,079 |
The Center For Global Enterprise Ltd New York, NY | $6,100,099 | $9,258,511 |
Bronx Rhio Inc Bronx, NY | $13,400,556 | $8,045,084 |
Commonwealth Foundation For Public Policy Alternatives Harrisburg, PA | $4,571,108 | $7,295,526 |
Represent Us Florence, MA | $4,329,740 | $6,528,597 |
Public Agenda Inc Brooklyn, NY | $6,401,632 | $3,136,414 |