2025-11-16T20:41:30-06:00 2024-12-31 135565207 KPMG LLP 401 UNION STREET SUITE 2800 SEATTLE WA 98101 990 2024-01-01 264351242 FUND FOR POLICY REFORM INC FUND 2125480600 224 WEST 57TH STREET NEW YORK NY 10019 MAIJA ARBOLINO TREASURER 2125480600 2025-11-14 1 0 KATHRYN OKIMOTO P00746598 2069134000 2025-11-13 2024 2025-03-06 01:10:19Z MAIJA ARBOLINO 224 WEST 57TH STREET NEW YORK NY 10019 754339920 0 X N/A X 2009 DE TO PROMOTE SOCIAL WELFARE WITHIN THE MEANING OF SEC. 501 (C) (4), INCLUDING FUNDING INITIATIVES RELATED TO PUBLIC WELFARE, DRUG POLICY, ALLEVIATION OF POVERTY & CRIMINAL JUSTICE. 4 3 1 8 0 0 327000000 415965072 0 0 2080981 54164279 0 0 329080981 470129351 349849159 196762002 0 0 7503554 8064360 0 0 0 49568009 61150572 406920722 265976934 -77839741 204152417 776276857 840987402 82339743 21643154 693937114 819344248 X THE MISSION OF THE FUND FOR POLICY REFORM, INC.("FPR, INC.") IS TO PROMOTE SOCIAL WELFARE THROUGH ITS SUPPORT OF FEDERAL AND STATE LEGISLATION THAT ASSURES GREATER FAIRNESS IN POLITICAL, LEGAL AND ECONOMIC SYSTEMS AND SAFEGUARDS FUNDAMENTAL RIGHTS. IT CONDUCTS ACTIVITIES TO BRING ABOUT CIVIC BETTERMENT AND SOCIAL IMPROVEMENTS IN COMMUNITIES AROUND THE WORLD BY ADVOCATING THE REFORM OF LOCAL, STATE, FEDERAL OR FOREIGN LAWS OR REGULATIONS. IT ALSO CONDUCTS SUPPORTING ACTIVITIES THAT ARE CHARITABLE OR EDUCATIONAL TO PROMOTE SOCIAL WELFARE. FPR INC. MAKES GRANTS TO ORGANIZATIONS CARRYING OUT THESE PURPOSES AND OTHERWISE COOPERATES WITH OTHER ORGANIZATIONS AND/OR GOVERNMENTAL AGENCIES TO ACHIEVE THESE GOALS. FPR, INC. IS FUNDING INITIATIVES THAT INVOLVE PUBLIC WELFARE, DRUG POLICY, ALLEVIATION OF POVERTY, AND ELECTORAL REFORM. 0 0 7279178 7258020 EXECUTIVE GRANTS - GRANTS WERE PROVIDED TO SUPPORT THE GRANTEES' OPERATIONS AND ACTIVITIES RELATED TO POLICIES, EVENTS AND ISSUES THAT DIRECTLY IMPACT COMMUNITIES, INCLUDING FREE PRESS, CIVIC ENGAGEMENT, EQUALITY AND ANTI-DISCRIMINATION PROGRAMS. 4746728 OPPORTUNITY PROGRAMS - NETWORK OPPORTUNITIES ARE FOR ADVANCING DEMOCRACY, JUSTICE AND HUMAN RIGHTS THROUGHOUT THE WORLD BY INVESTING IN THE HEALTH, AGENCY, AND POWER OF KEY ORGANIZATIONS AND THE WIDER ECOSYSTEMS OF WHICH THEY ARE A PART OF. 1900588 REGIONAL PROGRAMS - REGIONAL PROGRAMS ENGAGE IN MULTIPLE ISSUES, SUCH AS DEMOCRATIC PRACTICE, HUMAN RIGHTS, ECONOMIC JUSTICE, ETC. ACROSS A DEFINED GEOGRAPHIC AREA. 198370762 189503982 OTHER PROGRAMS - GRANTS WERE PROVIDED TO SUPPORT THE GRANTEES' OPERATIONS AND ACTIVITIES WHICH ADVOCATE FOR THE REFORM OF LAWS AND REGULATIONS THAT AFFECT THE PUBLIC WELFARE. 198370762 189503982 212297256 0 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 X 23 0 1 1 1 0 1 CO MX KS 0 0 0 0 0 0 X 4 3 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 1 0 NY X TASHA NG 2125480600 224 WEST 57TH STREET NEW YORK NY 10019 MICHAEL VACHON DIRECTOR 0.02 0.02 X 0 0 0 LEONARD BENARDO DIRECTOR (UNTIL 12/1/24) 0.02 39.98 X 447 796259 157678 MARYANN CANFIELD DIRECTOR 0.02 0.02 X 0 0 0 ALEXANDER SOROS DIRECTOR 0.02 0.02 X 0 0 0 BINAIFER NOWROJEE DIRECTOR (AS OF 12/1/24) 0.02 39.98 X 507 903712 154757 MAIJA ARBOLINO TREASURER 0.62 39.38 X 6984 446062 122851 CATHERINE LIVINGSTON SECRETARY (UNTIL 1/17/24) 0.02 0.02 X 0 53916 0 DEBBIE FINE SECRETARY (AS OF 1/17/24) 0.02 39.98 X 308 549829 103477 HUGO ARLEY TOBAR OTERO PROGRAM DIRECTOR 40.00 0.00 X 222961 0 19281 KYONG HWA SEOK PROGRAM DIRECTOR 40.00 0.00 X 218080 0 32194 ANGELICA PRIETO MARIA ZAMORA ASSOCIATE DIRECTOR 40.00 0.00 X 216519 0 19675 DANIEL ENRIQUE GONZALES RIVERA SENIOR PROGRAM MANAGER 40.00 0.00 X 203469 0 9498 PEDRO ABRAMOVAY VICE PRESIDENT, PROGRAMS 40.00 0.00 X 609246 0 46959 1478521 2749778 666370 23 0 1 0 DELOITTE MCS LTD 1 NEW STREET SQUARE LONDON UK EC4A 3BF CONSULTING SERVICES 7847603 LENURA CONSULTING LTD 213 STATION ROAD BIRMINGHAM UK CONSULTING SERVICES 4784836 AXIOM GLOBAL INC PO BOX 8439 PASADENA CA 91109 LEGAL AND CONSULTING SERVICES 2276384 SYSTEMIQ LIMITED 110 HIGH HOLBORN 8TH FLOOR LONDON UK WC1V6JS CONSULTING SERVICES 1082928 KPMG LLP 15 CANADA SQUARE LONDON UK E14 5GL ACCOUNTING AND CONSULTING SERVICES 1049695 24 412000000 3965072 465072 415965072 431322 431322 337943526 284210569 53732957 53732957 53732957 470129351 0 0 54164279 162150000 162150000 34612002 34612002 4652843 4652843 343579 343579 3052675 653959 2398716 15263 501 14762 1526145 1526145 393703 393703 23744115 4265564 19478551 94208 49964 44244 831174 16710 814464 566675 18828 547847 1509673 1125786 383887 634267 207058 427209 2224993 2224993 733565 458048 275517 310041 4040 306001 REIMBURSE TO OSI 24899911 2151731 22748180 FOREIGN EXCHANGE LOSS 810350 581994 228356 TAX WITHHOLDING 404497 404497 SOFTWARE AND IT EQUIPME 31317 778 30539 2435938 1003871 1432067 265976934 212297256 53679678 0 1555538 2844415 26435425 5711694 15000000 220500000 872297 1535540 14045972 16287826 57860863 2166324 5917401 55694539 596000313 536883967 116449911 1529421 776276857 840987402 10396946 6484474 70821697 14428191 1121100 730489 82339743 21643154 X 693937114 819344248 693937114 819344248 776276857 840987402 X 204152417 -4328448 -74416835 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45817439 45817439 2777941 1597626 1180315 216805 198810 17995 9048678 369888 8678790 55694539 QUANTUM ENDOWMENT CAYMAN FD LTD 525905128 F SESSILE OAK FEEDER FUND LTD 10978839 F 536883967 LEASE LIABILITY - ROU 730489 730489 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). 1 NORTH AMERICA 1 18 PROGRAM SERVICES STENGTHEN DEMOCRACY 1881880 SOUTH AMERICA 1 25 PROGRAM SERVICES STENGTHEN DEMOCRACY 3940158 EAST ASIA AND THE PACIFIC 1 14 PROGRAM SERVICES STENGTHEN DEMOCRACY 1836735 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANT MAKING 12107000 SOUTH AMERICA 0 0 GRANT MAKING 6162086 SUB-SAHARAN AFRICA 0 0 GRANT MAKING 16342916 3 57 0 0 3 57 42270775 0 42270775 EUROPE (INCLUDING ICELAND AND GREENLAND) TO PROVIDE GENERAL OPERATING SUPPORT 2208020 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) TO PROVIDE GENERAL OPERATING SUPPORT 9898980 WIRE 0 SOUTH AMERICA TO PROVIDE GENERAL OPERATING SUPPORT 6162086 WIRE 0 SUB-SAHARAN AFRICA TO PROVIDE GENERAL OPERATING SUPPORT 225000 WIRE 0 SUB-SAHARAN AFRICA TO PROVIDE GENERAL OPERATING SUPPORT 7119256 WIRE 0 SUB-SAHARAN AFRICA TO PROVIDE GENERAL OPERATING SUPPORT 8998660 WIRE 0 0 6 1 0 1 1 0 0 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANTS OUTSIDE THE UNITED STATES. THE ORGANIZATION ENTERS INTO GRANT AGREEMENTS WITH GRANTEES THAT REQUIRE REPORTING. THE ORGANIZATION REVIEWS REPORTS FROM GRANTEES TO ENSURE THAT THE FUNDS ARE BEING SPENT IN ACCORDANCE WITH THE GRANT AGREEMENTS. SCHEDULE F, PARTS I AND II ACCRUAL METHOD OF ACCOUNTING WAS USED TO REPORT PROGRAM SERVICE AND GRANT EXPENDITURES ON SCHEDULE F, PARTS I AND II. 1 OPEN SOCIETY ACTION FUND INC 1730 PENNSYLVANIA AVENUE NW 7TH FL WASHINGTON DC 20006 522028955 IRC 501(C)(4) 157100000 0 TO PROVIDE GENERAL OPERATING SUPPORT COURIER NEWSROOM PO BOX 509 NEW YORK NY 10032 834159180 IRC 501(C)(4) 5000000 0 TO PROVIDE GENERAL OPERATING SUPPORT PARECO 20 FILMORE PLACE BROOKLYN NY 11211 841727631 GRANTEE WITHOUT TAX- 50000 0 TO PROVIDE PROGRAM SUPPORT FOR THE GRANTEE'S WORK ON THE CURRICULUM ON ANTISEMIT 0 3 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES. THE ORGANIZATION ENTERS INTO GRANT AGREEMENTS WITH GRANTEES THAT REQUIRE REPORTING. THE ORGANIZATION REVIEWS REPORTS FROM GRANTEES TO ENSURE THAT THE FUNDS ARE BEING SPENT IN ACCORDANCE WITH THE GRANT AGREEMENTS. 0 1 0 0 0 0 0 0 0 BINAIFER NOWROJEE DIRECTOR (AS OF 12/1/24) 507 903712 0 0 0 0 61 109122 26 45548 594 1058382 0 0 LEONARD BENARDO DIRECTOR (UNTIL 12/1/24) 444 791360 0 0 3 4899 52 92269 37 65320 536 953848 0 0 PEDRO ABRAMOVAY VICE PRESIDENT, PROGRAMS 609246 0 0 0 0 0 0 0 46959 0 656205 0 0 0 DEBBIE FINE SECRETARY (AS OF 1/17/24) 301 536604 7 13225 0 0 31 54553 27 48866 366 653248 0 0 MAIJA ARBOLINO TREASURER 6792 433792 76 4862 116 7408 798 50952 1096 70005 8878 567019 0 0 KYONG HWA SEOK PROGRAM DIRECTOR 218080 0 0 0 0 0 26201 0 5993 0 250274 0 0 0 HUGO ARLEY TOBAR OTERO PROGRAM DIRECTOR 222961 0 0 0 0 0 11286 0 7995 0 242242 0 0 0 ANGELICA PRIETO MARIA ZAMORA ASSOCIATE DIRECTOR 184721 0 31798 0 0 0 11517 0 8158 0 236194 0 0 0 DANIEL ENRIQUE GONZALES RIVERA SENIOR PROGRAM MANAGER 203469 0 0 0 0 0 5560 0 3938 0 212967 0 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. PART I FPR, INC. HAD EIGHTTEEN EMPLOYEES LOCATED IN BOGOTA, TEN EMPLOYEES LOCATED IN MEXICO, NINE EMPLOYEES LOCATED IN SEOUL AND ONE EMPLOYEE LOCATED IN US DURING 2024. ALSO FPR, INC. 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, INC. TO PURSUE ITS TAX-EXEMPT MISSION AND FPR, INC. PAYS OPEN SOCIETY INSTITUTE FOR ITS SHARE OF THE COST WHICH IS TRACKED AND CALCULATED ON AN ONGOING BASIS. FPR, INC. 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. X ROYALTY RIGHTS 1 465072 FMV 0 0 0 FORM 990, PART V, 2A FPR, INC. DOES NOT FILE FORM W-3, OPEN SOCIETY INSTITUTE, A RELATED SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, PERFORMS SERVICES FOR FPR INC. 37 FOREIGN EMPLOYEES WERE NOT REPORTED ON FORM W-3. FORM 990, PART VI, SECTION A, LINE 2 LEONARD BARNARDO, ALEXANDER SOROS, MAIJA ARBOLINO, DEBBIE FINE AND BINAIFER NOWROJEE HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 FUND FOR POLICY REFORM, A RELATED TAX-EXEMPT ORGANIZATION, IS THE SOLE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A FUND FOR POLICY REFORM, A RELATED TAX-EXEMPT ORGANIZATION, IS THE SOLE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B PURSUANT TO THE BY-LAWS, IN ADDITION TO APPOINTING THE CLASS B DIRECTORS, THE MEMBER DETERMINES THE TOTAL NUMBER OF DIRECTORS, APPROVES EXCEPTIONS TO THE TERM LIMITS FOR DIRECTORSHIPS, FILLS VACANCIES ON THE BOARD, APPROVES REMOVALS OF DIRECTORS AND APPROVES AMENDMENTS TO THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B FPR, INC'S AUDIT COMMITTEE IS IN CHARGE OF REVIEWING THE AUDITED FINANCIAL STATEMENTS AND THE 990 TAX RETURN. 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, INC'S BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS AND STAFF MUST DISCLOSE POTENTIAL CONFLICTS OF INTEREST; ALL OF THE ORGANIZATION'S TRANSACTIONS ARE SCREENED AGAINST ALL DISCLOSURES. RECUSAL IS REQUIRED WHEN A CONFLICT IS DISCOVERED. FORM 990, PART VI, SECTION B, LINE 15B EMPLOYEES OF OPEN SOCIETY INSTITUTE ("OSI"), AN UNRELATED SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, PERFORM SERVICES FOR FPR INC. FPR INC. REIMBURSED OPEN SOCIETY INSTITUTE FOR THEIR SERVICES BASED ON THE TIME THEY SPEND ON FPR INC. MATTERS. THEIR COMPENSATION IS DETERMINED BY OSI, AND IS BASED ON MARKET COMPARABILITY DATA AND IS DOCUMENTED IN OSI'S RECORDS. FPR INC. HAD THIRTY-EIGHT EMPLOYEES DURING 2024. 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: RETURNS / REFUNDS OF GRANTS FROM PRIOR YEARS 2,245,916. IMPAIRMENT OF BUILDING -76,662,751. OSF PROPERTY BERLIN GMBH JAGERSTRASSE 54/55 BERLIN GM 10117 REAL ESTATE GM 0 46340153 FPRI FUND FOR POLICY REFORM 300 BELLEVUE PARKWAY SUITE 300 WILMINGTON DE 19809 357090597 SOCIAL WELFARE DE 501(C)(4) N/A 1 SOROS ECONOMIC DEVELOPMENT FUND 224 WEST 57TH STREET NEW YORK NY 10019 133965896 CHARITABLE NY 501(C)(3) PF FUND FOR POLICY REFORM INC 1 OPEN SOCIETY FOUNDATION LONDON 4TH FLOOR HERBAL HOUSE 8 BACK HILL FARRINGDON LONDON UK EC1R 5EN CHARITABLE UK FUND FOR POLICY REFORM INC 1 ALLIANCE FOR OPEN SOCIETY INTERNATIONAL INC 224 WEST 57TH STREET NEW YORK NY 10019 810623035 CHARITABLE DE 501(C)(3) 7 FUND FOR POLICY REFORM INC 1 OPEN SOCIETY INSTITUTE 224 WEST 57TH STREET NEW YORK NY 10019 137029285 CHARITABLE NY 501(C)(3) PF FUND FOR POLICY REFORM INC 1 QUANTUM ENDOWMENT CAYMAN FUND LIMITED 27 HOSPITAL ROAD GEORGE TOWN CJ KY-9008 INVESTMENT CJ FPRI C 55245077 535342741 0.22600 0 QUANTUM ENDOWMENT CAYMAN LIMITED 27 HOSPITAL ROAD GEORGE TOWN CJ KY-9008 INVESTMENT CJ N/A C 0 FPR INVESTMENT LTD 27 HOSPITAL ROAD GEORGE TOWN CJ KY-9008 INVESTMENT CJ N/A C 0 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 FPR CAPITAL HOLDINGS LLC 250 WEST 55TH STREET 29TH FLOOR NEW YORK NY 10019 INVESTMENT DE N/A C 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 FUND FOR POLICY REFORM C 412000000 FMV FUND FOR POLICY REFORM Q 83537 FMV OPEN SOCIETY INSTITUTE O 24899912 FMV OPEN SOCIETY INSTITUTE Q 100449 FMV