Overview

Sign up to

Est.

1978

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2025
990 file icon
2024
990 file icon
2023
View all
View all

AI Summary

THE REASON FOUNDATION is an education services nonprofit that seeks to advance a free society by developing, applying, and promoting libertarian principles. In filing year 2025, it reported an operating budget of $21.9M and total revenue of $22.8M, with major support from Donors Trust Inc, LAURA AND JOHN ARNOLD FOUNDATION, and THE SEARLE FREEDOM TRUST C/O KINSHIP LLC.

Was this helpful?
This summary is AI-generated from ChatGPT. It’s meant to be helpful, but isn’t always perfect.

Mission Statement

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

Cause Areas

1
Education services
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Learn about Ecosystems
plg-image
plg-image
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Learn about Ecosystems

Financials

2025
Revenues
$22.8M
Expenses
$22M
Net Income:
+$846.1K
Assets
$29.1M
Liabilities
$7.1M
Net Assets:
+$22M

Financial Trends

2025
Operating Budget
$21.9M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Learn about Due Diligence
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Learn about Due Diligence

Top Funders

Funder
Total Funding
Funding Share
Donors Trust Inc
Alexandria, VA, US
$11.9M
< 1%
Logo for "VANGUARD CHARITABLE ENDOWMENT PROGRAM"
VANGUARD CHARITABLE ENDOWMENT PROGRAM
SOUTHEASTERN, PA, US
$11.2M
< 1%
LAURA AND JOHN ARNOLD FOUNDATION
Houston, TX, US
$10.4M
< 1%

Grants Received

2024
Total No. of Grants
81
Median grant size
$24.6K
Largest grant received
$5M

Board & Team

D
David Nott
Board Member
R
Robert Poole
Board Member
R
Rebecca Dunn
Board Member
Free account

There’s more to this organization

Create a free account to go deeper. No payment required.

  • 198 funders
  • 58 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
Free forever. Takes about a minute.

Is your org on Google Workspace or Microsoft 365? Sign up in seconds. Already have an account? Log in

By signing up, I agree to Impala’s Terms of Use and Privacy Policy.

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.