Fund for Policy Reform

501(c)(4) organization Wilmington, DE EIN: 35-7090597

To promote social welfare, the common good and the general welfare of people in communities around the world.

Fund for Policy Reform at a glance

In short: Fund for Policy Reform gave $412.0M across 1 grant in 2024 (avg $412.0M), mostly in New York. Source: 2024 IRS Form 990.

Annual giving (2024)
$412,000,000
+26.0% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$412,000,000
+26.0% vs 2023
Median grant
$412,000,000
Total assets
$3,257,619,865
+0.0% vs 2023
Primary geography
New York (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Fund for Policy Reform funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Fund for Policy Reform Inc: $412.0MFund for Policy Reform Inc$412.0M

The largest 2024 recipient was Fund for Policy Reform Inc ($412.0M).

Grant Size Distribution

6 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M6$5M+

The most common grant size was $5M or more: 6 grants of 6 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

New YorkWashington

How Fund for Policy Reform gives

  • Giving held roughly steady from 2021 to 2024 (+10%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200M$400M$600M2 grants2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $271.5M (2020) to $412.0M (2024). In 2024 it made 1 grant totaling $412.0M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Fund for Policy Reform Inc New York, NYPromote Social Welfare$412,000,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$3,257,619,865—$482,752,160$412,000,0001—
2023$3,256,881,319$978,123,206$330,970,053$327,000,0001$978,123,206
2022$3,826,141,935—$364,729,911$332,700,0001—
2021$4,022,077,007$424,703,140$376,167,457$375,000,0001$424,703,140
2020$4,235,255,567$1,446$275,834,264$271,500,0002$1,446

About Fund for Policy Reform

Based on IRS filings

Fund for Policy Reform is a public charity focused on Community Improvement & Capacity Building, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3B in total assets. In 2024, it awarded 1 grant totaling $412.0M.

Leadership & Key People

Officers and directors from IRS filings

Fund for Policy Reform's 2024 filing lists 9 officers; 5 of 9 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Leonard Benardo

    Trustee

    On filings since 2021

    0 hrs/week

    $447 (2024)

  • Bryn Mawr Trust

    Administrative Trustee

    On filings since 2022

    0 hrs/week

    $21K (2022) → $23K (2024)

  • Binaifer Nowrojee

    Trustee

    New on the 2024 filing

    0 hrs/week

    $507 (2024)

  • Michael Vachon

    Trustee

    On filings since 2020

    0 hrs/week

    No compensation reported

  • Alexander Soros

    Trustee

    On filings since 2022

    0 hrs/week

    No compensation reported

  • Maryann Canfield

    Trustee

    On filings since 2022

    0 hrs/week

    No compensation reported

  • Maija Arbolino

    Treasurer

    On filings since 2020

    0.8 hrs/week

    $64K (2020) → $9K (2024)

  • Catherine Livingston

    Secretary

    On filings since 2022

    $18K (2023) → $0 (2024)

  • Debbie Fine

    Secretary

    New on the 2024 filing

    1 hr/week

    $13K (2024)

Former officers (5)
  • Former: Daniel Eule (2020–2022) — Trustee
  • Former: Gail Scovell (2020–2022) — Trustee & Secretary
  • Former: Deborah Fine (2022) — Secretary
  • Former: Christiana Trust (2020–2021) — Administrative Trustee
  • Former: Patrick Gaspard (2020) — Trustee & President · Filing note: Until 123120

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Bryn Mawr Trust — Administrative Trustee: $23KBryn Mawr TrustAdministrative Trustee$23KDebbie Fine — Secretary (As of 1/17/24): $13KDebbie FineSecretary (As of 1/17/24)$13KMaija Arbolino — Treasurer: $9KMaija ArbolinoTreasurer$9KBinaifer Nowrojee — Trustee (As of 12/1/24): $507Binaifer NowrojeeTrustee (As of 12/1/24)$507Leonard Benardo — Trustee (Until 12/1/24): $447Leonard BenardoTrustee (Until 12/1/24)$447

The highest reported compensation on the 2024 filing was $23K, to Bryn Mawr Trust (Administrative Trustee). 5 officers or directors reported compensation on that filing.

Frequently asked questions about Fund for Policy Reform

How much does Fund for Policy Reform give each year?

Fund for Policy Reform gave $412.0M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $327.0M across 1 grant.

How large is Fund for Policy Reform?

Fund for Policy Reform reported $3.3B in total assets on its 2024 IRS Form 990.

What is Fund for Policy Reform?

Fund for Policy Reform is a public charity focused on Community Improvement & Capacity Building, based in Wilmington, DE. It holds $3.3B in total assets as of 2024.

Where does Fund for Policy Reform operate?

Fund for Policy Reform has awarded grants in District of Columbia, New York.

What is Fund for Policy Reform's EIN?

Fund for Policy Reform's EIN (Employer Identification Number) is 35-7090597. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 23, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Live grants for the work Fund for Policy Reform funds

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Fund for Policy Reform's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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