2021-11-15T21:59:54-06:00 2020-12-31 KPMG LLP 8350 Broad Street Suite 900 McLean VA 22102 990 2020-01-01 357090597 Fund for Policy Reform % TASHA NG FUND 3025716827 C/O CHRISTIANA TRUST 501 CARR ROAD WILMINGTON DE 19809 LEE JANKAUSKAS CPA MST DIR, TAX & TRUST OPS 3028885819 2021-11-15 true LEE JANKAUSKAS CPA MST 999009999 Margaret Bradshaw A P00501222 7032868000 2021-11-15 2020 2022-09-23 18:48:47Z Leonard Benardo C/O CHRISTIANA TRUST 501 CARR ROAD WILMINGTON DE 19809 1446 false X N/A X 2015 DE TO PROMOTE SOCIAL WELFARE, THE COMMON GOOD AND THE GENERAL WELFARE OF PEOPLE IN COMMUNITIES IN THE WORLD. 4 2 0 7 0 15889241 0 0 0 56293694 1446 0 0 72182935 1446 230000000 196000000 0 0 20000 20000 0 0 0 363737 79814264 230383737 275834264 -158200802 -275832818 3440144756 4235255567 213254930 489344172 3226889826 3745911395 X TO PROMOTE SOCIAL WELFARE, THE COMMON GOOD AND THE GENERAL WELFARE OF PEOPLE IN COMMUNITIES AROUND THE WORLD. (SEE SCH O) false false 196000000 196000000 SOCIAL WELFARE GRANTS: IN 2020, FUND FOR POLICY REFORM MADE GRANTS FOR A TOTAL OF $196,000,000 TO SUPPORT GRANTEE'S OPERATIONS AND ACTIVITIES WHICH PROMOTE SOCIAL WELFARE. 196000000 false false true false false false false false false false true false false true true false true false false true false false false false false false true false false false false false false false false false false false false false false true true true true false true X 5 0 true 0 false true CJ UC IN NL UK false false false false false false X 4 2 true false true false false false false true true false false true true true true false true false false false X TASHA NG 2125480600 224 WEST 57TH STREET NEW YORK NY 10019 X MAIJA ARBOLINO TREASURER 6.85 0.02 X 63641 208 20085 GAIL SCOVELL TRUSTEE AND SECRETARY 0.02 4.33 X X 0 58382 14642 CHRISTIANA TRUST ADMINISTRATIVE TRUSTEE 0.02 0.0 X 20000 0 0 MICHAEL VACHON TRUSTEE 0.02 0.02 X 0 0 7412 DANIEL EULE TRUSTEE 0.02 0.02 X 0 0 7412 PATRICK GASPARD-until 123120 TRUSTEE AND PRESIDENT 0.02 0.02 X X 0 494 2111 83641 59084 51662 0 false false false SIMPSON THACHER BARTLETT LLP 425 LEXINGTON AVE NEW YORK NY 10017 LEGAL FEES 218752 1 0 0 1446 1446 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1446 1446 196000000 196000000 0 0 0 20000 20000 0 0 0 0 0 0 369584 369584 74224 74224 0 0 0 350000 350000 0 0 0 0 0 0 0 0 3313221 3313221 0 0 55591 55591 POLITICAL CONTRIBUTION 75500000 75500000 ALLOCATION OF POL O/H COSTS 150000 150000 BANK CHARGES 1623 1623 SOFTWARE LICENSE 18 18 3 3 275834264 196000000 79834264 0 0 0 98584 37513 0 0 0 0 0 0 0 0 0 0 0 0 0 300862 0 0 0 0 3440044269 4234898656 0 0 0 0 1903 18536 3440144756 4235255567 238891 444227 213000000 224600000 0 0 0 0 0 0 0 0 0 0 0 0 16039 264299945 213254930 489344172 X 3226889826 3745911395 0 0 3226889826 3745911395 3440144756 4235255567 -275832818 794854387 X false true X false false 77921282 2421282 75500000 77921282 true Democracy PAC 700 13th Street NW Washington DC 20005 832988526 75500000 Political Expenditures Fund For Policy Reform made a contribution to Democracy PAC, a political organization described in Section 527. Fund for Policy Reform incurred administrative, trustee, legal, financing, and overhead expenditures related to this political contribution. QUANTUM ENDOWMENT CAYMAN FUND 2715017880 QUANTUM ENDOWMENT CAYMAN LTD 1453740560 FPR INVESTMENTS LTD 66140216 4234898656 0 LINE OF CREDIT 264299945 264299945 X PART X, LINE 2 The Foundation is exempt from federal income taxes, as an organization described in Section 501(c)(4) of the Internal Revenue Code (IRC). The Foundation recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Contributions received by the Foundation are not deductible as charitable contributions under IRC Section 170(c). Central America and the Caribbean 0 0 Investments 4234898656 0 0 0 0 4234898656 4234898656 true false true true true false true FUND FOR POLICY REFORM INC 224 WEST 57TH STREET NEW YORK NY 10019 264351242 501(C)(4) 196000000 PROMOTE SOCIAL WELFARE DEMOCRACY PAC 700 13th Street NW WASHINGTON DC 20005 832988526 527 75500000 SUPPORT PAC 0 2 PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES. THE TRUSTEES APPROVED GRANTS PURSUANT TO A GRANT AGREEMENT THAT REQUIRES REPORTING. Part VI, Section B, LINE 11B THE FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH IN-HOUSE FINANCE STAFF. THE FORM 990 IS ALSO REVIEWED BY LEGAL COUNSEL AND THEN CIRCULATED TO FPR'S BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. Part VI, Section C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Part VI, Section A, LINE 2 PATRICK GASPARD, GAIL SCOVELL, MAIJA ARBOLINO HAVE A BUSINESS RELATIONSHIP. Part VI, Section A, LINE 4 FPR MADE THE FOLLOWING SIGNIFICANT CHANGES TO IT'S GOVERNING DOCUMENTS SINCE THE FILING OF ITS LAST FORM 990: FPR MODIFIED PROVISIONS RELATED TO SUCCESSOR MEMBERSHIP ON THE BOARD OF TRUSTEES. PART V, LINE 2A FPR 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 TO PURSUE ITS TAX-EXEMPT MISSION AND FPR PAYS OPEN SOCIETY INSTITUTE FOR ITS SHARE OF THE COST WHICH IS TRACKED AND CALCULATED ON AN ONGOING BASIS. FPR 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 VI, SECTION B, LINE 12C PURSUANT TO THE CONFLICTS OF INTEREST POLICY, ANY POTENTIAL CONFLICT OF INTEREST THAT COULD RESULT IN A DIRECT OR INDIRECT FINANCIAL OR PERSONAL BENEFIT TO A TRUSTEE, OFFICER, OR STAFF MEMBER MUST BE DISCLOSED IN GOOD FAITH OR KNOWN TO THE TRUSTEES AUTHORIZING A CONTRACT OR OTHER TRANSACTION. THE INTERESTED INDIVIDUAL MAY PARTICIPATE IN THE INFORMATION-GATHERING STAGE OF THE TRUSTEES' DISCUSSION BUT WILL RETIRE FROM THE ROOM IN WHICH THE TRUSTEES ARE MEETING AND WILL NOT PARTICIPATE IN THE FINAL DELIBERATION OR DECISION REGARDING SUCH CONTRACT OR OTHER TRANSACTION. SUCH INTERESTED INDIVIDUAL MAY NOT VOTE ON SUCH CONTRACT OR OTHER TRANSACTION. NO CONFLICTS HAVE BEEN REPORTED BY ANY TRUSTEE OR OFFICER, AND FPR HAS NO STAFF MEMBERS. Part III, Line 1 ORGANIZATION'S MISSION: TO PROMOTE SOCIAL WELFARE, THE COMMON GOOD AND THE GENERAL WELFARE OF PEOPLE IN COMMUNITIES IN THE WORLD, EACH WITHIN THE MEANING OF SECTION 501(C)(4) OF THE CODE AND THE TREASURY REGULATIONS PROMULGATED THEREUNDER, INCLUDING, BUT NOT LIMITED TO: (1) CONDUCTING ACTIVITIES FOR THE PURPOSE OF BRINGING ABOUT CIVIC BETTERMENT AND SOCIAL IMPROVEMENTS IN COMMUNITIES AROUND THE WORLD; (2) ADVOCATING FOR THE REFORM OF LOCAL, STATE, FEDERAL OR FOREIGN LAWS OR REGULATIONS IN THE PUBLIC WELFARE; (3) CONDUCTING AND SUPPORTING ACTIVITIES THAT ARE CHARITABLE OR EDUCATIONAL OR PROMOTE THE SOCIAL WELFARE; ( 4) MAKING GRANTS AND MISSION-RELATED INVESTMENTS TO SUPPORT ORGANIZATIONS CARRYING OUT THE FOREGOING PURPOSES; (5) COOPERATING WITH OTHER ORGANIZATIONS, WHETHER LOCAL, NATIONAL OR INTERNATIONAL, FOR THE FOREGOING PURPOSES; AND (6) CONDUCTING ANY OTHER ACTIVITIES THAT MAY BE NECESSARY, USEFUL OR DESIRABLE FOR THE FURTHERANCE OR ACCOMPLISHMENT OF THE FOREGOING PURPOSES. 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