Fund For Policy Reform Inc
80% goes to programs $0 to raise $100 Strong reserves Growing revenue
Fund For Policy Reform Inc is a 501(c)(4) organization based in New York, New York, registered in 2009, with $470,129,351 in FY2024 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
224 W 57th St Frnt 2, New York, NY, 10019 EIN 26-4351242 Since 2009
Revenue (FY2024)
$470.1M
▲ 42.9% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$266.0M
Net assets
$819.3M
Employees
1
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating80% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Fund For Policy Reform Inc: 80% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating37 mo reserves · +43% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fund For Policy Reform Inc: 37 mo reserves · +43% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Fund For Policy Reform Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fund For Policy Reform Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To promote social welfare within the meaning of sec. 501 (c) (4), including funding initiatives related to public welfare, drug policy, alleviation of poverty & criminal justice.
What they do
Opportunity programs - network opportunities are for advancing democracy, justice and human rights throughout the world by investing in the health, agency, and power of key organizations and the wider ecosystems of which they are a part of.
Regional programs - regional programs engage in multiple issues, such as democratic practice, human rights, economic justice, etc. across a defined geographic area.
Other programs - grants were provided to support the grantees' operations and activities which advocate for the reform of laws and regulations that affect the public welfare.
Contact & location
- Address
- 224 W 57th St Frnt 2, New York, NY, 10019
- City
- New York
- State
- New York
- Category
- Public & Societal Benefit
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $260.3M (FY2020) to $470.1M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $21.6MNet assets $819.3M
Operating margin
43.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$841.0M
Total liabilities
$21.6M
Net assets
$819.3M
Salaries & benefits
$8.1M
3% of expenses
Board members
4
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $470,129,351▲42.9% | $265,976,934▼34.6% | $819,344,248▲18.1% | $840,987,402▲8.3% | 990 |
| 2023 | $329,080,981▼7.9% | $406,920,722▲0.9% | $693,937,114▼4.7% | $776,276,857▼3.4% | 990 |
| 2022 | $357,192,867▼5.4% | $403,103,804▲15.7% | $728,108,398▼11.2% | $803,585,533▼8.9% | 990 |
| 2021 | $377,721,739▲45.1% | $348,275,369▲46.3% | $820,332,882▲12.0% | $881,823,437▲17.4% | 990 |
| 2020 | $260,295,701 | $238,059,118 | $732,402,910 | $751,249,630 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Pedro Abramovay — $609,246 (0.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Pedro Abramovay | Vice President, Programs | 40 | $609,246 |
| Hugo Arley Tobar Otero | Program Director | 40 | $222,961 |
| Kyong Hwa Seok | Program Director | 40 | $218,080 |
| Angelica Prieto Maria Zamora | Associate Director | 40 | $216,519 |
| Daniel Enrique Gonzales Rivera | Senior Program Manager | 40 | $203,469 |
| Maija Arbolino | Treasurer | 0.62 | $6,984 |
| Binaifer Nowrojee | Director (as of 12/1/24) | 0.02 | $507 |
| Leonard Benardo | Director (until 12/1/24) | 0.02 | $447 |
| Debbie Fine | Secretary (as of 1/17/24) | 0.02 | $308 |
| Alexander Soros | Director | 0.02 | — |
| Catherine Livingston | Secretary (until 1/17/24) | 0.02 | — |
| Maryann Canfield | Director | 0.02 | — |
| Michael Vachon | Director | 0.02 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Deloitte Mcs Ltd | Consulting Services | $7,847,603 |
| Lenura Consulting Ltd | Consulting Services | $4,784,836 |
| Axiom Global Inc | Legal and Consulting Services | $2,276,384 |
| Systemiq Limited | Consulting Services | $1,082,928 |
| Kpmg LLP | Accounting and Consulting Services | $1,049,695 |
Grants received · $1.6B total
5 grants to Fund For Policy Reform Inc totaling $1.6B, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fund For Policy Reform | Promote social welfare | 2024 | $412,000,000 |
| Fund For Policy Reform | Promote social welfare | 2023 | $327,000,000 |
| Fund For Policy Reform | Promote social welfare | 2022 | $332,700,000 |
| Fund For Policy Reform | Promote social welfare | 2021 | $375,000,000 |
| Fund For Policy Reform | Promote social welfare | 2020 | $196,000,000 |
Grants made · $162.2M in FY2024
3 grants totaling $162.2M in FY2024. All grants made by Fund For Policy Reform Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Open Society Policy Center Inc | To provide general operating support | $157,100,000 |
| Courier Newsroom | To provide general operating support | $5,000,000 |
| Pareco | To provide program support for the grantee's work on the curriculum on antisemit | $50,000 |
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Frequently asked questions
- Is Fund For Policy Reform Inc a legitimate nonprofit?
- Yes. Fund For Policy Reform Inc is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 26-4351242, based in New York, New York.
- What is Fund For Policy Reform Inc's EIN?
- Fund For Policy Reform Inc's Employer Identification Number (EIN) is 26-4351242.
- How much revenue does Fund For Policy Reform Inc report?
- Fund For Policy Reform Inc reported $470,129,351 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Fund For Policy Reform Inc's spending goes to programs?
- Fund For Policy Reform Inc spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Fund For Policy Reform Inc have?
- CharityIndex grades Fund For Policy Reform Inc A, based on program efficiency and fundraising cost.
- How much does Fund For Policy Reform Inc's highest-paid employee make?
- The highest reported compensation on Fund For Policy Reform Inc's latest Form 990 is $609,246, paid to Pedro Abramovay (Vice President, Programs).
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Data for Fund For Policy Reform Inc (EIN 26-4351242) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.