FUND FOR POLICY REFORM INC Charity Report

Public IRS 990 nonprofit record

FUND FOR POLICY REFORM INC

EIN 26-4351242 · Research Institutes & Public Policy Analysis (W05)

What they do

THE MISSION of THE FUND for POLICY REFORM, INC.("FPR, INC.") is to PROMOTE SOCIAL WELFARE THROUGH ITS SUPPORT of FEDERAL and STATE LEGISLATION THAT ASSURES GREATER FAIRNESS IN POLITICAL, LEGAL and ECONOMIC SYSTEMS and SAFEGUARDS FUNDAMENTAL RIGHTS. IT CONDUCTS ACTIVITIES to BRING ABOUT CIVIC BETTERMENT and SOCIAL IMPROVEMENTS IN COMMUNITIES AROUND THE WORLD BY ADVOCATING THE REFORM of LOCAL, STATE, FEDERAL or FOREIGN LAWS or REGULATIONS. IT ALSO CONDUCTS SUPPORTING ACTIVITIES THAT ARE CHARITABLE or EDUCATIONAL to PROMOTE SOCIAL WELFARE. FPR INC. MAKES GRANTS to ORGANIZATIONS CARRYING OUT THESE PURPOSES and OTHERWISE COOPERATES WITH OTHER ORGANIZATIONS AND/OR GOVERNMENTAL AGENCIES to ACHIEVE THESE GOALS. FPR, INC. is FUNDING INITIATIVES THAT INVOLVE PUBLIC WELFARE, DRUG POLICY, ALLEVIATION of POVERTY, and ELECTORAL REFORM.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

45.16%of revenue went to mission work79.8% of expenses · Program services

$56.58spent for every $100 of revenueRevenue covered expenses this year.

11.42%of revenue went to management and office costs20.2% of expenses

$3.16in assets for every $1 spent this yearSome assets cannot be spent right away.

88.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $656,205 for PEDRO ABRAMOVAY (VICE PRESIDENT, PROGRAMS). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$470,129,351

Mission workProgram services$212,297,25645.16% of revenue79.8% of expenses

ManagementOffice and general costs$53,679,67811.42% of revenue20.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$204,152,41743.42% of revenueShown in gray on the chart

Total expenses$265,976,93456.58% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 79.8% mission · 20.2% management · 0.0% fundraisingTotal expenses: 56.58% of revenue

2023Expense mix: 91.2% mission · 8.8% management · 0.0% fundraisingTotal expenses: 123.65% of revenue

2022Expense mix: 91.1% mission · 8.9% management · 0.0% fundraisingTotal expenses: 112.85% of revenue

2021Expense mix: 90.6% mission · 9.4% management · 0.0% fundraisingTotal expenses: 92.20% of revenue

2020Expense mix: 88.0% mission · 12.0% management · 0.0% fundraisingTotal expenses: 91.46% of revenue

Money in and money out

Revenue$470,129,351

Expenses$265,976,934

Annual surplus $204,152,417 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$212,297,256 · 79.8% of expenses

Management and office costs$53,679,678 · 20.2% of expenses

See all reported dollar amounts

Revenue$470,129,351

Expenses$265,976,934

Assets$840,987,402

Income$754,339,920

Contributions$415,965,072

Mission work (program services)$212,297,256

Grants given$1,015,035,325

Average grant$46,137,969

Management and general$53,679,678

Accounting fees$393,703

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PEDRO ABRAMOVAYVICE PRESIDENT, PROGRAMS · 40 hrs/week $656,205Base $609,246 · Other $46,959

KYONG HWA SEOKPROGRAM DIRECTOR · 40 hrs/week $250,274Base $218,080 · Other $32,194

HUGO ARLEY TOBAR OTEROPROGRAM DIRECTOR · 40 hrs/week $242,242Base $222,961 · Other $19,281

ANGELICA PRIETO MARIA ZAMORAASSOCIATE DIRECTOR · 40 hrs/week $236,194Base $216,519 · Other $19,675

DANIEL ENRIQUE GONZALES RIVERASENIOR PROGRAM MANAGER · 40 hrs/week $212,967Base $203,469 · Other $9,498

LEONARD BENARDODIRECTOR (UNTIL 12/1/24) $158,125Base $447 · Other $157,678

BINAIFER NOWROJEEDIRECTOR (AS OF 12/1/24) $155,264Base $507 · Other $154,757

MAIJA ARBOLINOTREASURER · 1 hrs/week $129,835Base $6,984 · Other $122,851

DEBBIE FINESECRETARY (AS OF 1/17/24) $103,785Base $308 · Other $103,477

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

PEDRO ABRAMOVAYVICE PRESIDENT, PROGRAMS

KYONG HWA SEOKPROGRAM DIRECTOR

HUGO ARLEY TOBAR OTEROPROGRAM DIRECTOR

ANGELICA PRIETO MARIA ZAMORAASSOCIATE DIRECTOR

DANIEL ENRIQUE GONZALES RIVERASENIOR PROGRAM MANAGER

LEONARD BENARDODIRECTOR (UNTIL 12/1/24)

BINAIFER NOWROJEEDIRECTOR (AS OF 12/1/24)

MAIJA ARBOLINOTREASURER

DEBBIE FINESECRETARY (AS OF 1/17/24)

ALEXANDER SOROSDIRECTOR

CATHERINE LIVINGSTONSECRETARY (UNTIL 1/17/24)

MARYANN CANFIELDDIRECTOR

MICHAEL VACHONDIRECTOR

About this charity

Recognized since: January 2009
Location: 224 WEST 57TH STREET, NEW YORK, NY 10019
County: New York
In care of: MAIJA ARBOLINO
Primary officer: MAIJA ARBOLINO, TREASURER

How to reach them

Phone(212) 548-0600

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Research Institutes & Public Policy Analysis (W05)
IRS tax category: Research Institutes & Public Policy Analysis
Grant-giving organization: Yes