Logo for "THE REASON FOUNDATION"

THE REASON FOUNDATION

THE REASON FOUNDATION

LOS ANGELES, CA, US
501(c)(3)
EIN
95-3298239
Logo for "THE REASON FOUNDATION"

THE REASON FOUNDATION

LOS ANGELES, CA, US
501(c)(3)
EIN
95-3298239

Overview

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Est.

1978

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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The Reason Foundation is a nonprofit organization focused on 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 $19.5 million and total revenue of $23.3 million for the 2024 filing year, the organization demonstrates significant financial scale, supported by multiple large funders. More information can be found on their website at www.reason.org.

Mission Statement

ADVANCE A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES.
Revenues

$23.3M

Expenses

$19.9M

Net Income:
+$3.4M
Assets

$25.6M

Liabilities

$6.3M

Net Assets:
+$19.4M
Operating Budget

$19.5M

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

79

Median grant size
$24.6K
Largest grant received
$5M
D
David Nott
Board Member
R
Robert W Poole Jr
Board Member
T
Theodore Barnett
Board Member

Frequently Asked Questions

What is THE REASON FOUNDATION’s budget?
In 2024, THE REASON FOUNDATION reported an annual operating budget of around $19.5 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.
Overview
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