From public IRS filings
THE REASON FOUNDATION
LOS ANGELES, CA · Education
Mission
ADVANCE A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES.
Financials (IRS Form 990)
Total revenue
$23.3M
Total expenses
$19.9M
Total assets
$25.6M
Program expense ratio
8698%
Source: IRS Form 990, tax year 2023.
Who funds THE REASON FOUNDATION
$13.3M in foundation grants on record from 33 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Donors Trust | $10.5M | 4 |
| Vanguard Charitable Endowment Program | $8.7M | 4 |
| Fidelity Investments Charitable Gift Fund | $2.9M | 2 |
| Donor Advised Charitable Giving | $493K | 4 |
| Chicago Community Trust | $400K | 2 |
| National Philanthropic Trust | $253K | 4 |
| Gs Donor Advised Philanthropy Fund for Wealth Management | $200K | 2 |
| Equable Institute | $180K | 1 |
| Natl Christian Charitable Fdn | $172K | 3 |
| Equable Institute | $160K | 1 |
Leadership
DAVID NOTT — PRESIDENT & CEO (Principal officer)
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