2025-11-17T10:12:47-06:00 2024-12-31 135565207 KPMG LLP 401 UNION STREET SUITE 2800 SEATTLE WA 98101 990 2024-01-01 357090597 FUND FOR POLICY REFORM FUND 3025716827 300 BELLEVUE PARKWAY 300 WILMINGTON DE 19809 ANAMARIA ANAGNOSTOU VICE PRESIDENT 3025716827 2025-11-14 1 0 KATHRYN OKIMOTO P00746598 2069134000 2025-11-13 2024 2025-03-06 01:10:19Z MAIJA ARBOLINO 300 BELLEVUE PARKWAY 300 WILMINGTON DE 19809 0 0 X N/A X 2015 DE PROMOTE SOCIAL WELFARE, THE COMMON GOOD & GENERAL WELFARE OF PEOPLE IN COMMUNITIES IN THE WORLD. 4 3 0 7 0 0 0 0 0 0 978123206 0 0 0 978123206 0 327000000 412000000 0 0 25760 22600 0 0 0 3944293 70729560 330970053 482752160 647153153 -482752160 3256881319 3257619865 15265172 227490685 3241616147 3030129180 X TO PROMOTE SOCIAL WELFARE, THE COMMON GOOD AND THE GENERAL WELFARE OF PEOPLE IN COMMUNITIES AROUND THE WORLD. (SEE SCH O) 0 0 482205300 412000000 SOCIAL WELFARE GRANTS: IN 2024, FUND FOR POLICY REFORM MADE GRANTS FOR A TOTAL OF $412,000,000 TO SUPPORT GRANTEE'S SOCIAL WELFARE PURPOSES. 482205300 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 X 2 0 1 0 0 1 AS BR CA CH CI CO DA HK HU ID IN JA KS MX MY NO NZ PL RO RP RS SA SF SN SW SZ TH TU UK AE 0 0 0 0 0 0 X 4 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X TASHA NG 2125480600 224 WEST 57TH ST NEW YORK NY 10019 MICHAEL VACHON TRUSTEE 0.02 0.02 X 0 0 0 LEONARD BENARDO TRUSTEE (UNTIL 12/1/24) 0.02 39.98 X X 447 796259 157678 BINAIFER NOWROJEE TRUSTEE (AS OF 12/1/24) 0.02 39.98 X 507 903712 154757 MARYANN CANFIELD TRUSTEE 0.02 0.02 X 0 0 0 ALEXANDER SOROS TRUSTEE 0.02 0.02 X 0 0 0 BRYN MAWR TRUST ADMINISTRATIVE TRUSTEE 0.02 0.00 X 22600 0 0 MAIJA ARBOLINO TREASURER 0.81 39.19 X 9143 443903 122851 CATHERINE LIVINGSTON SECRETARY (UNTIL 1/17/24) 0.00 1.12 X 0 53916 0 DEBBIE FINE SECRETARY (AS OF 1/17/24) 0.97 39.03 X 13337 536800 103477 46034 2734590 538763 0 0 1 0 KPMG LLP PO BOX 120511 DALLAS TX 75312 ACCOUNTING FEES 158764 SIMPSON THACHER BARTLETT LLP 425 LEXINGTON AVE NEW YORK NY 10017 LEGAL FEES 155801 2 0 0 0 0 412000000 412000000 22600 22600 144375 144375 89850 89850 15599 15599 157181 157181 87341 87341 POLITICAL CONTRIBUTIONS 70000000 70000000 REIMBURSE TO OSI 222918 205300 17618 REIMBURSE TO FPRI 11503 11503 FILING FEES 793 793 482752160 482205300 546860 0 62328456 1905668 1313050 1109192 3193239813 3254605005 3256881319 3257619865 181635 272781 15000000 217000000 10000000 83537 217904 15265172 227490685 X 3241616147 3030129180 3241616147 3030129180 3256881319 3257619865 X -482752160 245018740 26246453 X 0 1 X 0 0 70203326 203326 70000000 70203326 1 DEMOCRACY PAC 1015 15TH STREET NW SUITE 1000 WASHINGTON DC 20005 832988526 70000000 PART I-A, LINE 1: 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. 0 QUANTUM ENDOWMENT CAYMAN FUND 1419210028 F QUANTUM ENDOWMENT CAYMAN LTD 1366034684 F FPR INVESTMENTS LTD 464272722 F FPR CAPITAL HOLDINGS LLC-NOWTHIS 4992875 F FPR CAPITAL HOLDINGS LLC-LAUREL TREE 94696 F 3254605005 PAYABLE TO FPR, INC. 117904 LOAN PAYABLE - FPR INVESTMENTS 100000 217904 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES, AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE (IRC). THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. CONTRIBUTIONS RECEIVED BY THE ORGANIZATION ARE NOT DEDUCTIBLE AS CHARITABLE CONTRIBUTIONS UNDER IRC SECTION 170(C). CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS INVESTMENTS 3220400337 0 0 0 0 0 0 3220400337 0 3220400337 1 0 1 1 1 0 1 FUND FOR POLICY REFORM INC 224 WEST 57TH ST NEW YORK NY 10019 264351242 501(C)(4) 412000000 0 PROMOTE SOCIAL WELFARE 0 1 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. 0 1 0 0 0 0 0 0 0 BINAIFER NOWROJEE TRUSTEE (AS OF 12/1/24) 507 903712 0 0 0 0 61 109122 26 45548 594 1058382 0 0 LEONARD BENARDO TRUSTEE (UNTIL 12/1/24) 444 791360 0 0 3 4899 52 92269 37 65320 536 953848 0 0 DEBBIE FINE SECRETARY (AS OF 1/17/24) 13016 523889 321 12911 0 0 1324 53260 1185 47708 15846 637768 0 0 MAIJA ARBOLINO TREASURER 8891 431693 100 4838 152 7372 1044 50706 1435 69666 11622 564275 0 0 PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN - THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SECTION 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN ("THE PLAN") SPONSORED BY THE FILING ORGANIZATION OR A RELATED ORGANIZATION: BINAIFER NOWROJEE, LEONARD BENARDO, AND DEBBIE FINE. THE FOLLOWING 457(F) AMOUNTS WERE DEFERRED DURING YEAR AND REPORTED ON SCHEDULE J, PART II, COLUMN (C): BINAIFER NOWROJEE $57,433, LEONARD BENARDO $40,571, AND DEBBIE FINE $2,834. SCHEDULE J, PART I, LINE 3 FPR HAS NO EMPLOYEES. EMPLOYEES OF OPEN SOCIETY INSTITUTE, A RELATED SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, PERFORM SERVICES FOR FPR. OPEN SOCIETY INSTITUTE IS REIMBURSED BY FPR INDIRECTLY THROUGH FUND FOR POLICY REFORM, INC., A RELATED 501(C)(4) TAX-EXEMPT ORGRANIZATION, FOR THEIR SERVICES BASED ON THE TIME THEY SPEND ON FPR MATTERS. THEIR COMPENSATION IS DETERMINED BY OPEN SOCIETY INSTITUTE, AND IS BASED ON MARKET COMPARABILITY DATA AND IS DOCUMENTED IN OPEN SOCIETY INSTITUTE'S RECORDS. PART III, LINE 1 ORGANIZATION'S MISSION: TO PROMOTE SOCIAL WELFARE, THE COMMON GOOD AND THE GENERAL WELFARE OF PEOPLE IN COMMUNITIES AROUND 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. PART V, LINE 2A FPR HAS NO EMPLOYEES. EMPLOYEES OF OPEN SOCIETY INSTITUTE, A RELATED SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, PERFORM SERVICES FOR FPR. OPEN SOCIETY INSTITUTE IS REIMBURSED BY FPR INDIRECTLY THROUGH FUND FOR POLICY REFORM, INC., A RELATED 501(C)(4) TAX-EXEMPT ORGRANIZATION, FOR THEIR SERVICES BASED ON THE TIME THEY SPEND ON FPR MATTERS. THEIR COMPENSATION IS DETERMINED BY OPEN SOCIETY INSTITUTE, AND IS BASED ON MARKET COMPARABILITY DATA AND IS DOCUMENTED IN OPEN SOCIETY INSTITUTE'S RECORDS. FORM 990, PART VI, SECTION A, LINE 2 ALEXANDER SOROS, LEONARD BENARDO, BINAIFER NOWROJEE, MAIJA ARBOLINO, DEBBIE FINE AND CATHERINE LIVINGSTON HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH IN-HOUSE STAFF. THE FORM 990 IS ALSO REVIEWED BY LEGAL COUNSEL AND THEN CIRCULATED TO FPR'S TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C PURSUANT TO THE CONFLICTS 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. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: ADJUSTMENT FOR FPR INVESTMENTS NET ASSETS 26,246,453. FPR MANAGER LLC 1209 ORANGE STREET WILMINGTON DE 19801 INVESTMENT DE 0 0 FPR FPR CAPITAL HOLDINGS LLC 250 WEST 55TH ST 29TH FL NEW YORK NY 10019 INVESTMENT DE 0 5107429 FPR FUND FOR POLICY REFORM INC 224 WEST 57TH ST NEW YORK NY 10019 264351242 SOCIAL WELFARE DE 501(C)(4) FPR 1 OPEN SOCIETY FOUNDATION LONDON 4TH FLOOR HERBAL HOUSE 8 BACK HILL LONDON UK EC1R 5EN CHARITABLE UK FPR 1 SOROS ECONOMIC DEVELOPMENT FUND 224 WEST 57TH ST NEW YORK NY 10019 133965896 CHARITABLE NY 501(C)(3) PF FPR 1 ALLIANCE FOR OPEN SOCIETY INTERNATIONAL INC 224 WEST 57TH ST NEW YORK NY 10019 810623035 CHARITABLE NY 501(C)(3) LINE 7 FPR 1 OPEN SOCIETY INSTITUTE 224 WEST 57TH ST NEW YORK NY 10019 137029285 CHARITABLE NY 501(C)(3) PF FPR 1 QUANTUM ENDOWMENT CAYMAN FUND LIMITED 27 HOSPITAL ROAD GEORGE TOWN CJ KY-9008 INVESTMENT CJ FPR C 149084623 1444678415 0.61100 1 QUANTUM ENDOWMENT CAYMAN LIMITED 27 HOSPITAL ROAD GEORGE TOWN CJ KY-9008 INVESTMENT CJ FPR C 143472083 1366034685 1.00000 1 FPR INVESTMENT LTD 27 HOSPITAL ROAD GEORGE TOWN CJ KY-9008 INVESTMENT CJ FPR C 464272722 1.00000 1 OPEN SOCIETY INSTITUTE MGMT SVCS LTD 27 GREGORY AFEXTIOU AVENUE LARNACA CY 6021 REAL ESTATE CY N/A C 0 BULGARIAN BUILDING FUND EOOD 1 BALSHA STR BLOCK 9 SOFIA BU 1408 REAL ESTATE BU N/A C 0 QFPOS LLC 224 WEST 57TH STREET NEW YORK NY 10019 INVESTMENT CJ N/A C 0 OPEN SOCIETY INSTITUTE COMPANY LTD PO BOX 2913 KENYATTA N HOSPITAL NAIROBI KE 20723-0202 CHARITABLE KE N/A C 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 FUND FOR POLICY REFORM INC B 412000000 FMV FPR INVESTMENTS LTD E 100000 FMV FUND FOR POLICY REFORM INC P 83537 FMV