2024-11-14T17:21:25-06:00 2023-12-31 135565207 KPMG LLP 401 UNION STREET SUITE 2800 SEATTLE WA 98101 990 2023-01-01 264351242 FUND FOR POLICY REFORM INC FUND 2125480600 224 WEST 57TH STREET NEW YORK NY 10019 MAIJA ARBOLINO TREASURER 2125480600 2024-11-14 1 0 KATHRYN OKIMOTO P00746598 2069134000 2023 2024-10-15 13:58:12Z LEONARD BENARDO 224 WEST 57TH STREET NEW YORK NY 10019 335773498 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 9 0 0 332700000 327000000 0 0 24492867 2080981 0 0 357192867 329080981 349914823 349849159 0 0 3357770 7503554 0 0 0 49831211 49568009 403103804 406920722 -45910937 -77839741 803585533 776276857 75477135 82339743 728108398 693937114 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 352826780 346501766 INSTITUTIONAL GRANTS AND OTHER PROGRAMS - 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. 16581026 3347393 REGIONAL PROGRAMS - REGIONAL PROGRAMS ENGAGE IN MUTIPLE ISSUES, SUCH AS DEMOCRATIC PRACTICE, EARLY CHILDHOOD & EDUCATION, ECONOMIC JUSTICE, ETC. ACROSS A DEFINED GEOGRAPHIC AREA. 1843473 GLOBAL PROGRAMS - GLOBAL PROGRAMS ENGAGE WITH A DEFINED SPECIFIC ISSUE, SUCH AS HUMAN RIGHTS INITIATIVE, ECONOMIC JUSTICE PROGRAM, PUBLIC HEALTH PROGRAM, ETC. ACROSS MULTIPLE GEOGRAPHIC AREAS ACROSS THE WORLD. 371251279 0 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 1 1 1 1 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 29 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 X MICHAEL VACHON DIRECTOR 0.02 0.02 X 0 0 0 LEONARD BENARDO DIRECTOR 0.02 0.02 X X 0 0 0 MARYANN CANFIELD DIRECTOR 0.02 0.02 X 0 0 0 ALEXANDER SOROS DIRECTOR 0.02 0.02 X 0 0 0 MAIJA ARBOLINO TREASURER 1.28 0.13 X 14201 1433 3841 CATHERINE LIVINGSTON SECRETARY 0.02 0.02 X 18436 18436 4069 HUGO ARLEY TOBAR OTERO PROGRAM DIRECTOR 40.00 0.00 X 184265 0 19587 KYONG HWA SEOK PROGRAM DIRECTOR 40.00 0.00 X 201308 0 116301 NICHOLAS HERNANDEZ GONZALEZ ASSOCIATE DIRECTOR 40.00 0.00 X 180156 0 20944 ISABEL SOUSA RODRIGUEZ DIVISION DIRECTOR 40.00 0.00 X 178794 0 17322 CHANGHO KIM PROGRAM OFFICER 40.00 0.00 X 128643 0 77796 905803 19869 259860 22 0 1 0 DELOITTE MCS LTD 1 NEW STREET SQUARE LONDON UK EC4A 3BF CONSULTING SERVICES 6611513 THE BRIDGESPAN GROUP INC 333 7TH AVENUE NEW YORK NY 10001 CONSULTING SERVICES 2536498 SYSTEMIQ LIMITED 110 HIGH HOLBORN 8TH FLOOR LONDON UK WC1V6JS CONSULTING SERVICES 2489382 AXIOM GLOBAL INC PO BOX 8439 PASADENA CA 91109 LEGAL SERVICES 2392887 ACTION AND IMPACT PRIVATE LIMITED 77 KUNWAR MARG KATHMANDU NP CONSULTING SERVICES 1157398 31 327000000 327000000 1062315 1062315 7711183 6692517 1018666 1018666 1018666 329080981 0 0 2080981 262250000 262250000 1380 1380 87597779 87597779 4932085 4932085 432301 432301 2126879 979512 1147367 12289 12289 4120908 29050 4091858 295154 257216 37938 21153416 8179474 12973942 382310 374703 7607 714939 714831 108 1015985 987190 28795 614685 454599 160086 496747 475904 20843 484390 59117 425273 REIMBURSE TO OSI 17843053 1350064 16492989 SOFTWARE AND IT EQUIPME 56761 54689 2072 TAX WITHHOLDING 8771 -239 9010 FOREIGNN EXCHANGE GAIN -434004 -132370 -301634 2814894 2241705 573189 406920722 371251279 35669443 0 34607281 20279780 45000000 7711183 76700000 15000000 68475463 2417824 14918269 7413964 1496563 1957208 5917401 496998075 596000313 77429682 116449911 803585533 776276857 2331955 10396946 70779014 70821697 2366166 1121100 75477135 82339743 X 728108398 693937114 728108398 693937114 803585533 776276857 X -77839741 36788268 6880189 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2972142 1236652 1735490 206892 142652 64240 4234930 117259 4117671 5917401 QUANTUM ENDOWMENT CAYMAN FD LD 596000313 F 596000313 SECURITY DEPOSITS 339508 OTHER RECEIVABLE 145774 OPERATING LEASES ROU ASSET 1050619 OTHER ASSETS 114914010 116449911 LEASE LIABILITY - ROU 1121100 1121100 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. CONTRIBUTIONS RECEIVED BY THE ORGANIZATION ARE NOT DEDUCTIBLE AS CHARITABLE CONTRIBUTIONS UNDER IRC SECTION 170(C). 1 NORTH AMERICA 1 15 PROGRAM SERVICES STRENGTHEN DEMOCRACY 1589497 SOUTH AMERICA 1 26 PROGRAM SERVICES STRENGTHEN DEMOCRACY 2909678 EAST ASIA AND THE PACIFIC 1 11 PROGRAM SERVICES STRENGTHEN DEMOCRACY 1925274 EUROPE 0 0 GRANT MAKING 39624770 SOUTH AMERICA 0 0 GRANT MAKING 5791374 EAST ASIA AND THE PACIFIC 0 0 GRANT MAKING 25893 SUB-SAHARAN AFRICA 0 0 GRANT MAKING 38834242 RUSSIA & NEIGHBOURING STATES 0 0 GRANT MAKING 3304000 3 52 0 0 3 52 94004728 0 94004728 EUROPE TO PROVIDE GENERAL OPERATING SUPPORT 808250 WIRE 0 EUROPE TO PROVIDE GENERAL OPERATING SUPPORT 274000 WIRE 0 EUROPE TO PROVIDE GENERAL OPERATING SUPPORT 1097231 WIRE 0 EUROPE TO PROVIDE GENERAL OPERATING SUPPORT 10001482 WIRE 0 EUROPE TO PROVIDE GENERAL OPERATING SUPPORT 27443807 WIRE 0 SOUTH AMERICA TO PROVIDE GENERAL OPERATING SUPPORT 5791374 WIRE 0 SOUTH ASIA TO PROVIDE GENERAL OPERATING SUPPORT 25893 WIRE 0 SUB-SAHARAN AFRICA TO PROVIDE GENERAL OPERATING SUPPORT 6796029 WIRE 0 SUB-SAHARAN AFRICA TO PROVIDE GENERAL OPERATING SUPPORT 3759806 WIRE 0 SUB-SAHARAN AFRICA TO PROVIDE GENERAL OPERATING SUPPORT 20534450 WIRE 0 SUB-SAHARAN AFRICA TO PROVIDE GENERAL OPERATING SUPPORT 7743957 WIRE 0 RUSSIA AND NEIGHBORING STATES TO PROVIDE GENERAL OPERATING SUPPORT 3304000 WIRE 0 2 10 SUPPORT WORK AS LEADER IN CIVIL SOCIETY SOUTH ASIA 1 17500 WIRE 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. 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 OPEN SOCIETY POLICY CENTER 1730 PENNSYLVANIA AVENUE NW 7TH FLOOR WASHINGTON DC 20006 522028955 501(C)(4) 257000000 0 GENERAL SUPPORT COURIER NEWSROOM PO BOX 509 NEW YORK NY 10032 834159180 501(C)(4) 5000000 0 GENERAL SUPPORT FLORIDA EDUCATION ASSOCIATION 215 S ADAMS STREET TALLAHASSEE FL 32301 593685521 501(C)(5) 250000 0 TO SUPPORT THE UNITED FACULTY OF FLORIDA'S WORK ON ACADEMIC FREEDOM 0 3 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 PROGRAM DIRECTOR 198904 0 2404 0 0 0 110204 0 6097 0 317609 0 0 0 CHANGHO KIM PROGRAM OFFICER 126239 0 2404 0 0 0 56556 0 21240 0 206439 0 0 0 HUGO ARLEY TOBAR OTERO PROGRAM DIRECTOR 181911 0 2354 0 0 0 9764 0 9823 0 203852 0 0 0 NICHOLAS HERNANDEZ GONZALEZ ASSOCIATE DIRECTOR 177802 0 2354 0 0 0 9764 0 11180 0 201100 0 0 0 ISABEL SOUSA RODRIGUEZ DIVISION DIRECTOR 176637 0 2157 0 0 0 9336 0 7986 0 196116 0 0 0 SCHEDULE J, PART I FPR, INC. HAD THIRTEEN EMPLOYEES LOCATED IN BOGOTA, NINE EMPLOYEES LOCATED IN MEXICO AND EIGHT EMPLOYEES LOCATED IN SEOUL DURING 2023. 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. 30 FOREIGN EMPLOYEES WERE NOT REPORTED ON FORM W-3. FORM 990, PART VI, SECTION A, LINE 2 LEONARD BENARDO, ALEXANDER SOROS, MAIJA ARBOLINO, AND CATHERINE LIVINGSTON 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 SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, PERFORM SERVICES FOR FPR INC. FPR INC. REIMBURSED OPEN SOCIETY INSTITUTE FOR THEIR SERVICES BASED ON THE TIME THEY SPEND ON FPR INC. MATTERS. THEIR COMPENSATION IS DETERMINED BY OSI, AND IS BASED ON MARKET COMPARABILITY DATA AND IS DOCUMENTED IN OSI'S RECORDS. FPR INC. HAD THIRTY EMPLOYEES DURING 2023. 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 VII - DIRECTOR AND OFFICER (D&O) INSURANCE DEEMED D&O INSURANCE TO BE INSURANCE OF THE ORGANIZATION AND NOT NONTAXABLE BENEFITS EXPENSE TO THE INDIVIDUAL AND THUS NO LONGER REPORTED IN PART VII. FORM 990, PART XI, LINE 9: RETURNS / REFUNDS OF GRANTS FROM PRIOR YEARS 6,880,189. OSF PROPERTY BERLIN GMBH JAGERSTRASSE 54/55 BERLIN GM 10117 REAL ESTATE GM 0 149894 FPRI FUND FOR POLICY REFORM C/O BRYN MAWR TRUST 501 CARR ROAD WILMINGTON DE 19809 357090597 SOCIAL WELFARE DE 501(C)(4) N/A 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 ALLIANCE FOR OPEN SOCIETY INTERNATIONAL INC 224 WEST 57TH STREET NEW YORK NY 10019 810623035 CHARITABLE DE 501(C)(3) 7 FUND FOR POLICY REFORM INC 1 QUANTUM ENDOWMENT CAYMAN FUND LIMITED 27 HOSPITAL ROAD GEORGE TOWN CJ KY-9008 INVESTMENT CJ FPR C 68346792 607241989 0.24600 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 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 FUND FOR POLICY REFORM C 327000000 ACTUAL FUND FOR POLICY REFORM I 68906486 ACTUAL FUND FOR POLICY REFORM Q 131816 ACTUAL