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.