2023-11-15T15:43:09-06:00 2022-12-31 135565207 KPMG LLP 401 UNION ST SUITE 2800 SEATTLE WA 98101 990 2022-01-01 264351242 FUND FOR POLICY REFORM INC FUND 2125480600 224 WEST 57TH STREET NEW YORK NY 10019 MAIJA ARBOLINO TREASURER 2125480600 2023-11-15 1 MAIJA ARBOLINO 999009999 0 KATHRYN OKIMOTO P00746598 2069134000 2023-11-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LEONARD BENARDO 224 WEST 57TH STREET NEW YORK NY 10019 570636037 0 X N/A X 2009 DE 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. 4 4 0 11 0 0 375000000 332700000 0 0 2721739 24492867 0 0 377721739 357192867 305015979 349914823 0 0 2838281 3357770 0 0 0 40421109 49831211 348275369 403103804 29446370 -45910937 881823437 803585533 61490555 75477135 820332882 728108398 X 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 GOVERMENTAL AGENCIES TO ACHIEVE THESE GOALS. FPR, INC. IS FUNDING INITIATIVES THAT INVOLVE PUBLIC WELFARE, DRUG POLICY, ALLEVIATION OF POVERTY, AND ELECTORAL REFORM. 0 0 351396854 343649896 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. 14548155 6264927 REGIONAL PROGRAMS - REGIONAL PROGRAMS ENGAGE IN MUTIPLE ISSUES, SUCH AS DEMOCRATIC PRACTICE, EARLY CHILDHOOD & EDUCATION, ECONOMIC JUSTICE, ETC. ACROSS A DEFINED GEOGRAPHIC AREA. 1174950 GLOBAL PROGRAMS - GLOBAL PROGRAMS ENGAGE WITH A DEFINED SPECIFIC ISSUE, SUCH AS HUMAN RIGHTS INITIATIVE, ECONOMIC JUSTICE PROGRAM, EDUCATION PROGRAM, ETC. ACROSS MULTIPLE GEOGRAPHIC AREAS ACROSS THE WORLD. 367119959 0 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 X 41 0 1 0 0 1 CO MX KS 0 0 0 0 0 0 X 4 4 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 0 0 NY X TASHA NG 2125480600 224 WEST 57TH STREET NEW YORK NY 10019 DAN EULE DIRECTOR (ENDED 8/1/22) 0.02 0.02 X 0 0 28503 MICHAEL VACHON DIRECTOR 0.02 0.02 X 0 0 28503 LEONARD BENARDO DIRECTOR 0.02 0.02 X X 404 0 32103 GAIL SCOVELL DIRECTOR/SECRETARY (ENDED 5/31/22) 0.02 0.02 X X 352 0 33046 MARYANN CANFIELD DIRECTOR (START 8/1/22) 0.02 0.02 X 0 0 28503 ALEXANDER SOROS DIRECTOR (START 5/31/22) 0.02 0.02 X 0 0 33046 MAIJA ARBOLINO TREASURER 0.09 2.28 X 909 23053 32103 CATHERINE LIVINGSTON SECRETARY (START 12/7/22) 0.02 0.02 X 107 0 33046 DEBORAH FINE SECRETARY (5/31/22-12/7/22) 0.02 0.02 X 212 0 33046 HUGO ARLEY TOBAR OTERO UNIT MANAGER 40.00 0.00 X 116435 0 14012 ARAM BARRA RAMIREZ SR. PROGRAM OFFICER 40.00 0.00 X 112198 0 9776 MARIO ARRIAGADA CUADRIELLO SR. PROGRAM OFFICER 40.00 0.00 X 116324 0 15994 KYONG HWA SEOK DIVISION DIRECTOR 40.00 0.00 X 162673 0 17217 MARIA ANGELICA ZAMORA PRIETO UNIT MANAGER 40.00 0.00 X 112985 0 14016 622599 23053 352914 9 0 1 0 THE BRIDGESPAN GROUP INC 333 7TH AVENUE NEW YORK NY 10001 CONSULTING SERVICES 5181576 DELOITTE MCS LTD 1 NEW STREET SQUARE LONDON UK EC4A 3BF CONSULTING SERVICES 1782630 ACTION AND IMPACT PRIVATE LIMITED 77 KUNWAR MARG NEW BANESHWOR KATHMANDU NP CONSULTING SERVICES 697000 ATTN INC 5700 WILSHIRE BLVD LOS ANGELES CA 90036 CONSULTING SERVICES 583310 SKDKNICKERBOCKER LLC 1 WORLD TRADE 285 FULTON STREET 69 NEW YORK NY 10007 CONSULTING SERVICES 540000 19 332700000 332700000 488523 488523 237447514 213443170 24004344 24004344 24004344 357192867 0 0 24492867 243879000 243879000 106035823 106035823 2391004 2391004 196743 196743 746018 551861 194157 24005 24005 1687932 133522 1554410 153917 104307 49610 14526057 5042703 9483354 263821 256152 7669 522609 511766 10843 468718 438257 30461 179921 121685 58236 668890 664993 3897 412042 21274 390768 REIMBURSE TO OSI 27508866 3675611 23833255 FOREIGN EXCHANGE LOSS 831967 427244 404723 SOFTWARE AND IT EQUIPME 16085 16085 TAX WITHHOLDING 8215 -32 8247 2582171 2627956 -45785 403103804 367119959 35983845 0 65332590 34607281 45000000 29600000 76700000 68475463 1706963 2417824 3075781 1118573 1219031 1957208 737820835 496998075 46144018 77429682 881823437 803585533 2297561 2331955 59119844 70779014 0 73150 2366166 61490555 75477135 X 820332882 728108398 820332882 728108398 881823437 803585533 X -45910937 -46827104 513557 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2627750 803166 1824584 298298 194948 103350 149733 120459 29274 1957208 QUANTUM ENDOWMENT CAYMAN FD LD 496998075 F 496998075 SECURITY DEPOSITS 289094 OTHER RECEIVABLE 157200 BERLIN CONSTRUCTION COSTS 75516953 OPERATING LEASES ROU ASSET 1466435 77429682 PAYABLE TO AFFILIATES 835780 LEASE LIABILITY - ROU 1530386 2366166 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES, AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE (IRC). THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. 1 NORTH AMERICA 1 15 PROGRAM SERVICES STRENGTHEN DEMOCRACY 934600 SOUTH AMERICA 1 18 PROGRAM SERVICES STRENGTHEN DEMOCRACY 1433239 EAST ASIA AND THE PACIFIC 1 11 PROGRAM SERVICES STRENGTHEN DEMOCRACY 1476001 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANT MAKING 25824693 SOUTH AMERICA 0 0 GRANT MAKING 3673910 EAST ASIA AND THE PACIFIC 0 0 GRANT MAKING 4342177 SUB-SAHARAN AFRICA 0 0 GRANT MAKING 72195043 3 44 0 0 3 44 109879663 0 109879663 EUROPE TO PROVIDE GENERAL OPERATING SUPPORT 76365 WIRE 0 EUROPE TO PROVIDE GENERAL OPERATING SUPPORT 263000 WIRE 0 EUROPE TO PROVIDE GENERAL OPERATING SUPPORT 1035124 WIRE 0 EUROPE TO PROVIDE GENERAL OPERATING SUPPORT 10214599 WIRE 0 EUROPE TO PROVIDE GENERAL OPERATING SUPPORT 14225605 WIRE 0 EUROPE TO PROVIDE GENERAL OPERATING SUPPORT 10000 WIRE 0 SOUTH AMERICA TO PROVIDE GENERAL OPERATING SUPPORT 3673910 WIRE 0 EAST ASIA AND THE PACIFIC TO PROVIDE GENERAL OPERATING SUPPORT 1027250 WIRE 0 EAST ASIA AND THE PACIFIC TO PROVIDE GENERAL OPERATING SUPPORT 3314927 WIRE 0 SUB-SAHARAN AFRICA TO PROVIDE GENERAL OPERATING SUPPORT 7481833 WIRE 0 SUB-SAHARAN AFRICA TO PROVIDE GENERAL OPERATING SUPPORT 2987145 WIRE 0 SUB-SAHARAN AFRICA TO PROVIDE GENERAL OPERATING SUPPORT 29163472 WIRE 0 SUB-SAHARAN AFRICA TO PROVIDE GENERAL OPERATING SUPPORT 32562593 WIRE 0 1 12 1 0 1 1 0 0 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANTS OUTSIDE THE UNITED STATES. THE ORGANIZATION ENTERS INTO GRANT AGREEMENTS WITH GRANTEES THAT REQUIRE REPORTING. THE ORGANIZATION REVIEWS REPORTS FROM GRANTEES TO ENSURE THAT THE FUNDS ARE BEING SPENT IN ACCORDANCE WITH THE GRANT AGREEMENTS. PART III ACCOUNTING METHOD: SCHEDULE F, PARTS I AND II: ACCRUAL METHOD OF ACCOUNTING WAS USED TO REPORT PROGRAM SERVICE AND GRANT EXPENDITURES ON SCHEDULE F, PARTS I AND II. 1 AMERICAN CIVIL LIBERTIES UNION INC 125 BROAD STREET 18TH FLOOR NEW YORK NY 10004 133871360 501(C)(4) 500000 0 GENERAL SUPPORT OPEN SOCIETY POLICY CENTER 1730 PENNSYLVANIA AVENUE NW 7TH FLOOR WASHINGTON DC 20006 522028955 501(C)(4) 240000000 0 GENERAL SUPPORT COMMITTEE ON STATES 1101 HAYNES STREET SUITE 205 RALEIGH NC 27604 263815183 501(C)(4) 500000 0 GENERAL SUPPORT COURIER NEWSROOM PO BOX 509 NEW YORK NY 10032 834159180 501(C)(4) 2500000 0 GENERAL SUPPORT NDOUPU LLC 1450 W PEACHTREE STREET NW 200 ATLANTA GA 30309 364997718 379000 0 GENERAL SUPPORT 0 5 SCHEDULE I, PART I PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES. THE ORGANIZATION ENTERS INTO GRANT AGREEMENTS WITH GRANTEES THAT REQUIRE REPORTING. THE ORGANIZATION REVIEWS REPORTS FROM GRANTEES TO ENSURE THAT THE FUNDS ARE BEING SPENT IN ACCORDANCE WITH THE GRANT AGREEMENTS. 0 0 0 0 0 0 0 0 0 KYONG HWA SEOK DIVISION DIRECTOR 162673 0 0 0 0 0 17217 0 0 0 179890 0 0 0 SCHEDULE J, PART I FPR, INC. HAD NINE EMPLOYEES LOCATED IN BOGOTA, SIX EMPLOYEES LOCATED IN MEXICO AND SEVEN EMPLOYEES LOCATED IN SEOUL DURING 2022. ALSO FPR, INC. AND OPEN SOCIETY INSTITUTE, HAVE A WRITTEN RESOURCE SHARING AGREEMENT IN PLACE ACCORDING TO WHICH CERTAIN EMPLOYEES OF OPEN SOCIETY INSTITUTE PERFORM FUNCTIONS AND CONDUCT ACTIVITIES NECESSARY FOR FPR, INC. TO PURSUE ITS TAX-EXEMPT MISSION AND FPR, INC. PAYS OPEN SOCIETY INSTITUTE FOR ITS SHARE OF THE COST WHICH IS TRACKED AND CALCULATED ON AN ONGOING BASIS. FPR, INC. ADVANCES FUNDS TO OPEN SOCIETY INSTITUTE TO COVER ITS ALLOCABLE COSTS. EMPLOYEE COMPENSATION IS DETERMINED BY OPEN SOCIETY INSTITUTE AND IS BASED ON MARKET COMPARABILITY DATA AND IS DOCUMENTED IN OPEN SOCIETY INSTITUTE'S RECORDS. PART V, 2A FPR, INC. DOES NOT FILE FORM W-3, OPEN SOCIETY INSTITUTE, A RELATED SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, PERFORMS SERVICES FOR FPR INC. 22 FOREIGN EMPLOYEES WERE NOT REPORTED ON FORM W-3. FORM 990, PART VI, SECTION A, LINE 2 LEONARD BERNARDO, CATHERINE LIVINGSTON, ALEXANDER SOROS, DEBORAH FINE, GAIL SCOVELL AND MAIJA ARBOLINO HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 FUND FOR POLICY REFORM, A RELATED TAX-EXEMPT ORGANIZATION, IS THE SOLE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A FUND FOR POLICY REFORM, A RELATED TAX-EXEMPT ORGANIZATION, IS THE SOLE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B PURSUANT TO THE BY-LAWS, IN ADDITION TO APPOINTING THE CLASS B DIRECTORS, THE MEMBER DETERMINES THE TOTAL NUMBER OF DIRECTORS, APPROVES EXCEPTIONS TO THE TERM LIMITS FOR DIRECTORSHIPS, FILLS VACANCIES ON THE BOARD, APPROVES REMOVALS OF DIRECTORS AND APPROVES AMENDMENTS TO THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B FPR, INC'S AUDIT COMMITTEE IS IN CHARGE OF REVIEWING THE AUDITED FINANCIAL STATEMENTS AND THE 990 TAX RETURN. THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH IN-HOUSE STAFF. THE FORM 990 IS ALSO REVIEWED BY LEGAL COUNSEL AND THEN CIRCULATED TO FPR, INC'S BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS AND STAFF MUST DISCLOSE POTENTIAL CONFLICTS OF INTEREST; ALL OF THE ORGANIZATION'S TRANSACTIONS ARE SCREENED AGAINST ALL DISCLOSURES. RECUSAL IS REQUIRED WHEN A CONFLICT IS DISCOVERED. FORM 990, PART VI, SECTION B, LINE 15 EMPLOYEES OF OPEN SOCIETY INSTITUTE ("OSI"), AN UNRELATED A SECTION 501(C)(3) ORGANIZATION, PERFORM SERVICES FOR FPR INC. FPR INC. REIMBURSES OSI FOR THEIR SERVICES BASED ON THE TIME THAT THEY SPEND ON FPR INC. MATTERS. THEIR COMPENSATION IS DETERMINED BY OSI AND IS BASED ON MARKET COMPARABILITY DATA AND IS DOCUMENTED IN OSI RECORDS. FPR INC. HAD TWENTY TWO EMPLOYEES IN 2022 NONE OF WHICH WERE OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: RETURNS / REFUNDS OF GRANTS FROM PRIOR YEARS 513,557. OSF PROPERTY BERLIN GMBH JAGERSTRASSE 54/55 BERLIN GM 10117 REAL ESTATE GM 145806 164218 FPRI FUND FOR POLICY REFORM C/O BRYN MAWR TRUST 501 CARR ROAD WILMINGTON DE 19809 357090597 SOCIAL WELFARE DE 501(C)(4) FUND FOR POLICY REFORM INC 1 SOROS ECONOMIC DEVELOPMENT FUND 224 WEST 57TH STREET NEW YORK NY 10019 133965896 CHARITABLE NY 501(C)(3) PF FUND FOR POLICY REFORM INC 1 OPEN SOCIETY FOUNDATION LONDON 4TH FLOOR HERBAL HOUSE 8 BACK HILL FARRINGDON LONDON UK EC1R 5EN CHARITABLE UK FUND FOR POLICY REFORM INC 1 QUANTUM ENDOWMENT CAYMAN FUND LIMITED 27 HOSPITAL ROAD GEORGE TOWN CJ KY-9008 INVESTMENT CJ FPR C 80958553 508454424 0.16800 0 QUANTUM ENDOWMENT CAYMAN LIMITED 27 HOSPITAL ROAD GEORGE TOWN CJ KY-9008 INVESTMENT CJ FPR C 0 FPR INVESTMENT LTD 27 HOSPITAL ROAD GEORGE TOWN CJ KY-9008 INVESTMENT CJ FPR C 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 FUND FOR POLICY REFORM C 332700000 FMV FUND FOR POLICY REFORM D 68000000 FMV