Overview

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Est.

1978

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

The Reason Foundation is a nonprofit organization dedicated to advancing a free society through the development, application, and promotion of libertarian principles, primarily in the area of education services. With an operating budget of $21.9 million and total revenue of $22.8 million for the filing year 2025, the organization is supported by a diverse range of funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.reason.org.

Mission Statement

ADVANCE A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES.
Revenues
$22.8M
Expenses
$22M
Net Income:
+$846.1K
Assets
$29.1M
Liabilities
$7.1M
Net Assets:
+$22M
Operating Budget
$21.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
81
Median grant size
$24.6K
Largest grant received
$5M
D
David Nott
Board Member
R
Robert Poole
Board Member
R
Rebecca Dunn
Board Member

Frequently Asked Questions

What is THE REASON FOUNDATION’s budget?
In 2025, THE REASON FOUNDATION reported an annual operating budget of around $21.9 million. More detailed financial information is available to registered users.
What causes does THE REASON FOUNDATION support?
THE REASON FOUNDATION supports work in Education services.
Where does THE REASON FOUNDATION operate?
THE REASON FOUNDATION is headquartered in LOS ANGELES, CA.
Who funded THE REASON FOUNDATION recently?
In 2025, THE REASON FOUNDATION received grants from GRACE RICHARDSON FUND, AMERICAN ONLINE GIVING FOUNDATION INC, and THE RUTHMARC FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE REASON FOUNDATION received in 2024?
The largest grant to THE REASON FOUNDATION in 2024 exceeds $5 million.