NonprofitsThe Reason Foundation

Education

The Reason Foundation

LOS ANGELES, CA

Total revenue

$23.3M

Total expenses

$19.9M

Net assets

$19.4M

Grants received

$44.5M

422 grants

EIN

953298239

Tax year

2023

Mission

Advance a free society by developing, applying, and promoting libertarian principles.

Programs

3 programs

Reason works with motivated policymakers and other stakeholders to develop and implement market-based reforms that are a model for reform-minded policymakers at all levels of government. Our pension integrity project educates policymakers and taxpayers on pension reform. We produced five major technical analyses that focus on the solvency of public employee retirement systems in arizona, north carolina, new mexico, mississippi, and arkansas, as well as policy briefs that address reduced public safety budgets, volatile investment returns, and the impact of covid-19 on public pensions. We educated legislators in those states via studies, direct outreach, and more than 70 topical commentaries. Drawing on decades of research on the benefits of school choice, reason's education team is a leading voice in promoting new models such as microschools, online charters, backpack funding, and other options that encourage student achievement and advance the freedom to innovate in education. We are advising policymakers and allies in more than 20 states on open enrollment, school finance. Our transportation team is assessing the changes that the pandemic has made in transportation usage, calling for greater decentralization and a reevaluation of heavily subsidized transit projects. Reason's drug policy team is helping states better understand the consequences of regulating legal cannabis and psychedelics markets and providing support to policymakers seeking to fix the challenges of legalization.

Expenses: $6.6MGrants: $360K

"promoting free minds and free markets through online video journalism.- 696 videos produced- average of 9,188,000 videos played each monthpodcastsreason produces multiple podcasts, including the reason roundtable, a weekly discussion of the week's biggest stories and their connection to the ideas of free minds and free markets; the reason interview with nick gillespie, a weekly conversation with innovative and interesting thinkers from a variety of disciplines; just asking questions, which interviews newsmakers on timely topics; free media, which examines media bias; and the monthly soho forum debates, featuring public intellectuals facing off over controversial issues. The best of reason magazine uses ai to simulate editor-in-chief katherine mangu-ward reading a weekly selection from reason. - average of 596,000 downloads per month

Expenses: $3.3M

Reason foundation publishes research and journalism and engages in educational outreach from a libertarian perspective to policymakers, relevant stakeholders, and the general public.- 23,000 articles citing reason experts- 2,800 media appearances by reason experts- 61 legislative testimonies- 30 policy studies- 220 policy commentaries and op-eds- 11 surface transportation innovations newsletters & air security newsletters- 11 air traffic control newsletters- 12 pension reform newsletters- 12 funding education opportunity newsletters- 4 reason report donor newslettersr

Expenses: $620K

Financials

FY 2023

Revenue

Contributions & grants$21.3M
Program service revenue$1.2M
Investment income$636K
Other revenue$121K
Total revenue$23.3M

Expenses

Grants paid$360K
Salaries & benefits$12.2M
Fundraising$1.9M
Other expenses$7.3M
Total expenses$19.9M
Total assets$25.6M
Net assets$19.4M

People

34 listed

NameRoleCompensation

DAVID NOTT

PRESIDENT, CEO

Board

$419K

40 hrs/wk

ROBERT POOLE

FOUNDER, DIR OF TRANSPORTATION POLICY

Board

$235K

40 hrs/wk

ADRIAN T MOORE

VICE PRESIDENT POLICY

Board

$232K

40 hrs/wk

JONATHAN GRAFF

CHIEF FINANCIAL OFFICER

Board

$224K

40 hrs/wk

LEONARD GILROY

VP GOVERNMENT REFORM

Board

$222K

40 hrs/wk

KATHERINE MANGU-WARD

VP/EDITOR-IN-CHIEF

Board

$220K

40 hrs/wk

MICHAEL ALISSI

VP OPERATIONS

Board

$202K

40 hrs/wk

GEORGE F OHRSTROM

BOARD CHAIR

Board

1 hrs/wk

THEODORE BARNETT

TRUSTEE

Board

1 hrs/wk

THOMAS E BEACH

TRUSTEE

Board

1 hrs/wk

BARON BOND

TRUSTEE

Board

1 hrs/wk

DREW A CAREY

TRUSTEE (LEFT 7/2024)

Board

1 hrs/wk

REBECCA DUNN

TRUSTEE

Board

1 hrs/wk

LINDA EDWARDS

TRUSTEE

Board

1 hrs/wk

PETER FARRELL

TRUSTEE

Board

1 hrs/wk

DEBBI GIBBS

TRUSTEE

Board

1 hrs/wk

C BOYDEN GRAY

TRUSTEE (LEFT 6/2024)

Board

1 hrs/wk

THOMAS W HAZLETT

TRUSTEE

Board

1 hrs/wk

BRIAN HOOKS

TRUSTEE

Board

1 hrs/wk

JAMES D JAMESON

TRUSTEE

Board

1 hrs/wk

MANUEL S KLAUSNER

TRUSTEE

Board

1 hrs/wk

JAMES LINTOTT

TRUSTEE

Board

1 hrs/wk

TRAVIS MAY

TRUSTEE

Board

1 hrs/wk

STEPHEN MODZELEWSKI

TRUSTEE

Board

1 hrs/wk

CHRIS J RUFER

TRUSTEE

Board

1 hrs/wk

RAYMOND STATA

TRUSTEE

Board

1 hrs/wk

RICHARD A WALLACE

TRUSTEE (LEFT 6/2024)

Board

1 hrs/wk

KERRY WELSH

TRUSTEE

Board

1 hrs/wk

FRED M YOUNG JR

TRUSTEE

Board

1 hrs/wk

NICHOLAS GILLESPIE

EDITOR AT LARGE

Staff

$235K

40 hrs/wk

JACQUELINE PYKE

DIRECTOR OF DEVELOPMENT

Staff

$162K

40 hrs/wk

AARON STEINBERG

MARKETING DIRECTOR

Staff

$154K

40 hrs/wk

CARIN MANN

DIR OF DONOR COMMUNICATIONS

Staff

$148K

40 hrs/wk

JAMES EPSTEIN

EXECUTIVE EDITOR

Staff

$147K

40 hrs/wk

Independent contractors

THE TERRY GROUP

ACTUARIAL MODELING

$165K

SKY FILMS

FILM PRODUCTION

$153K

WASHOE DOUGLAS

RESEARCH MANAGEMENT

$145K

IRON LIGHT

MARKETING MANAGEMENT

$132K

STARLING

WEBSITE CONSULTING

$120K

Grants received

Showing 200 of 422

FromAmountPurposeYear
$5.0M
for general operations
2024
$300K
FELLOWSHIPS
2024
$232K
EDUCATIONAL
2024
$160K
TO INCREASE SUPPORT FOR POLICIES THAT IMPROVE TEACHER PENSION SYSTEMS, WITH THE SPECIFIC GOAL OF MINIMIZING THE EFFECT THAT PENSION DEBT HAS ON EDUCATION BUDGETS.
2024
$153K
Public, Societal Benefit
2024
$125K
To support the Pension Integrity Project
2024
$100K
General & Unrestricted
2024
$100K
To support the Classical Liberalism Project
2024
$100K
COMMUNITY & HUMAN SERVICES
2024
$100K
General Administration
2024
$100K
GENERAL SUPPORT
2024
$75K
GENERAL OPERATIONS
2024
$70K
GENERAL OPERATING SUPPORT
2024
$50K
Community Development
2024
$50K
GENERAL FUND
2024
$41K
TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE
2024
$35K
general support
2024
$35K
EDUCATION
2024
$31K
LIBERTARIAN PUBLIC INTEREST
2024
$30K
UNRESTRICTED GENERAL SUPPORT
2024
$25K
GENERAL AND UNRESTRICTED.
2024
$20K
CHARITABLE DONATION TO ADVANCE A FREE SOCIETY BY DEVELOPING LIBERTERIAN PRINCIPLES
2024
$20K
SUPPORT FOR GENERAL OPERATIONS
2024
$20K
UNRESTRICTED CHARITABLE GIFT
2024
$15K
OPERATING FUNDS
2024
$11K
MEDICAL / PUBLIC SERVICES
2024
$10K
RESTRICTED GRANT FOR INTERNSHIP PROGRAM
2024
$10K
ADVANCING A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES, INCLUDING INDIVIDUAL LIBERTY, FREE MARKETS, AND THE RULE OF LAW
2024
$10K
2024 GENERAL SUPPORT
2024
$10K
TO ADVANCE A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES, INCLUDING INDIVIDUAL LIBERTY, FREE MARKETS, AND THE RULE OF LAW.
2024
$7K
GENERAL SUPPORT
2024
$5K
GENERAL PURPOSE
2024
$3K
CONTRIBUTIONS ARE MADE TO PURSUE THE VARIOUS CHARITABLE OR EDUCATIONAL GOALS OF EACH RECIPIENT.
2024
$2K
GENERAL SUPPORT
2024
$2K
TO ADVANCE A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES
2024
$1K
OPERATING EXPENSES
2024
$500
General & Unrestricted
2024
$500
SUPPORT FOR LIBERTARIAN PUBLIC POLICY RESEARCH.
2024
$500
CHARITABLE
2024
$50
GENERAL EXEMPT PURPOSE
2024
$5.2M
for general operations
2023
$2.6M
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$1.4M
For grant recipient's exempt purposes
2023
$300K
FILM AND NEW MEDIA
2023
$250K
RESEARCH
2023
$220K
EDUCATIONAL
2023
$200K
General support for programs, operations and other charitable purposes
2023
$180K
To increase support for policies that improve teacher pension systems, with the specific goal of minimizing the effect that pension debt has on education budgets.
2023
$150K
GENERAL SUPPORT
2023
$125K
To support the Pension Integrity Project
2023
$124K
TO SUPPORT FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES, INCLUDING INDIVIDUAL LIBERTY, FREE MARKETS, AND THE RULE OF LAW.
2023
$105K
FILM AND NEW MEDIA
2023
$100K
To support the Classical Liberalism Project
2023
$100K
General & Unrestricted
2023
$100K
GENERAL OPERATIONS
2023
$100K
GENERAL SUPPORT
2023
$100K
COMMUNITY & HUMAN SERVICES
2023
$75K
TO FURTHER THE GOALS OF THE ORGANIZATION
2023
$65K
TO SUPPORT ITS WORK DEFENDING FREE MARKETS AND FREE MINDS.
2023
$55K
GENERAL OPERATING SUPPORT.
2023
$50K
GENERAL FUND
2023
$50K
GENERAL OPERATING GRANT
2023
$50K
UNRESTRICTED GENERAL SUPPORT
2023
$50K
GENERAL SUPPORT
2023
$35K
general support
2023
$30K
NATIONAL AND STATE POLICY
2023
$30K
To provide general support (charitable)
2023
$30K
GENERAL CONTRIBUTION
2023
$30K
GENERAL AND UNRESTRICTED.
2023
$26K
CULTURE & ARTS
2023
$25K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$25K
TO DEFEND HUMAN RIGHTS AND FREEDOMS THROUGH LEGAL MEANS
2023
$20K
SUPPORT FOR GENERAL OPERATIONS
2023
$20K
UNRESTRICTED CHARITABLE GIFT
2023
$20K
GENERAL OPERATING SUPPORT
2023
$20K
GENERAL PURPOSES
2023
$20K
RESTRICTED GRANT FOR INTERNSHIP PROGRAM AND TV PRODUCTION EQUIPMENT
2023
$20K
EDUCATION FOR LIBERTY RIGHTS AND FREEDOM.
2023
$16K
ENCOURAGEMENT OF FREE MARKETS AND INDIVIDUAL LIBERTY
2023
$15K
OPERATING FUNDS
2023
$11K
MEDICAL / PUBLIC SERVICES
2023
$10K
TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE
2023
$10K
PLEASE SEE SCHEDULE I-PART IV-SUPPLEMENTAL INFORMATION
2023
$10K
2023 GENERAL SUPPORT
2023
$10K
ASSISTANCE FOR CHARITABLE PURPOSE
2023
$10K
for the Jim Tusty film project
2023
$10K
GENERAL FUND
2023
$6K
GENERAL EDUCATION - PUBLIC
2023
$5K
CHARITABLE DONATION FOR EDUCATIONAL PURPOSES
2023
$5K
GENERAL SUPPORT
2023
$5K
CHARITABLE CONTRIBUTION
2023
$5K
FURTHER THE ORIGINZATIONS EXEMPT PURPOSES
2023
$5K
PUBLIC CHARITY
2023
$3K
GENERAL SUPPORT
2023
$3K
General & Unrestricted
2023
$2K
Unrestricted
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$500
EDUCATION: PROGRAMMING
2023
$500
SUPPORT FOR LIBERTARIAN PUBLIC POLICY RESEARCH.
2023
$500
TO SUPPORT THE CHARITY'S MISSION
2023
$500
General & Unrestricted
2023
$100
EMPLOYEE GIVING PROGRAM
2023
$100
ANNUAL FUND
2023
$25
PROGRAM/OPERATING SUPPORT
2023
$2.1M
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$910K
For grant recipient's exempt purposes
2022
$850K
TO IMPROVE STATE AND MUNICIPAL PENSION SYSTEMS.
2022
$400K
FILM AND NEW MEDIA
2022
$350K
To support work to pursue and advocate for reforms that make school finance systems more equitable, transparent, portable, and flexible.
2022
$279K
for general operations
2022
$250K
RESEARCH
2022
$200K
General Operating Support
2022
$158K
FILM AND NEW MEDIA
2022
$150K
RESTRICTED - FUTURE OF FREEDOM INITIATIVE
2022
$125K
To support the Pension Integrity Project
2022
$125K
General & Unrestricted
2022
$110K
GENERAL OPERATING SUPPORT
2022
$100K
General Administration
2022
$100K
To support the Classical Liberalism Project
2022
$100K
GENERAL SUPPORT
2022
$100K
TO SUPPORT FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES, INCLUDING INDIVIDUAL LIBERTY, FREE MARKETS, AND THE RULE OF LAW.
2022
$100K
COMMUNITY & HUMAN SERVICES
2022
$100K
GENERAL SUPPORT
2022
$85K
GENERAL FUND
2022
$66K
PUBLIC, SOCIETAL BENEFIT
2022
$60K
ADVANCES A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES, INCLUDING INDIVIDUAL LIBERTY, FREE MARKETS, AND THE RULE OF LAW.
2022
$50K
TO FURTHER THE GOALS OF THE ORGANIZATION
2022
$50K
EDUCATE THE PUBLIC THROUGH INVESTIGATIVE JOURNALISM
2022
$50K
TO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE
2022
$40K
UNRESTRICTED GENERAL SUPPORT
2022
$40K
TO SUPPORT ITS WORK DEFENDING FREE MARKETS AND FREE MINDS.
2022
$35K
GENERAL CONTRIBUTION
2022
$35K
NATIONAL AND STATE POLICY
2022
$32K
To provide general support (charitable)
2022
$30K
UNRESTRICTED
2022
$30K
LIBERTARIAN PUBLIC INTEREST
2022
$28K
ENCOURAGEMENT OF FREE MARKETS AND INDIVIDUAL LIBERTY
2022
$25K
FUNDS FOR DISCRETIONARY USE
2022
$25K
TO DEFEND HUMAN RIGHTS AND FREEDOMS THROUGH LEGAL MEANS
2022
$25K
GENERAL CONTRIBUTION
2022
$25K
GENERAL AND UNRESTRICTED.
2022
$25K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2022
$20K
EDUCATION OPPORTUNITY
2022
$13K
MEDICAL / PUBLIC SERVICES
2022
$10K
FURTHER THE ORGANIZATION'S EXEMPT PURPOSES
2022
$10K
SUPPORT FOR GENERAL OPERATIONS
2022
$10K
GENERAL FUND
2022
$10K
CHARITABLE CONTRIBUTION
2022
$10K
General Purpose Contribution
2022
$10K
GENERAL SUPPORT
2022
$10K
ASSISTANCE FOR CHARITABLE PURPOSE
2022
$10K
GENERAL OPERATIONS
2022
$10K
2022 GENERAL SUPPORT
2022
$10K
RESTRICTED GRANT FOR INTERNSHIP PROGRAM
2022
$10K
EACH RECIPENT
2022
$9K
TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE
2022
$8K
Education
2022
$7K
GENERAL CHARITABLE PURPOSES
2022
$6K
FGP - Rod Richardson
2022
$6K
GENERAL OPERATING
2022
$6K
GENERAL EDUCATION - PUBLIC
2022
$5K
PUBLIC CHARITY
2022
$4K
Educational Programs
2022
$3K
GENERAL SUPPORT
2022

Funded by

$44.5M from 148 funders · 422 grants · 2017–2024

Donors Trust Inc

$11.0M · 8 grants · 2020–2024

Vanguard Charitable Endowment Program

$7.5M · 4 grants · 2020–2023

Laura And John Arnold Foundation

$3.9M · 5 grants · 2020–2022

Fidelity Investments Charitable Gift Fund

$3.6M · 7 grants · 2018–2023

The Searle Freedom Trust

$2.7M · 10 grants · 2020–2024

Charles Koch Institute

$1.3M · 3 grants · 2019–2022

Claws Foundation

$875K · 2 grants · 2018–2021

The Lynde and Harry Bradley Foundation Inc

$775K · 7 grants · 2020–2024

Details

EIN953298239
NTEE codeB90
Subsection03
Ruling date1979-03
Formed1978
Employees100
Volunteers21
THE REASON FOUNDATION — Mission, Financials & Grants Received | Grantivo