THE MISSION OF THE REFORM ACTION FUND IS TO ENGAGE IN ADVOCACY ACTIVITIES ALIGNED WITH DRAMATICALLY REDUCING THE NUMBER OF PEOPLE WHO ARE UNJUSTLY UNDER THE CONTROL OF THE CRIMINAL JUSTICE SYSTEM.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+47.4% YoY
Revenue
$1.6M
+16327.9% YoY
Net Investment Income
$18K
+88.5% YoY
Expenses
$2.0M
-35.6% YoY
About Reform Action Fund
Based on IRS filings
Reform Action Fund is a nonprofit organization focused on Crime & Legal Related, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. Net investment income was $18K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,126,751 | $764,575 | $4,680,873 |
| Revenue | $1,573,794 | $9,580 | $5,203,177 |
| Expenses | $1,996,579 | $3,098,789 | $3,982,515 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $18,061 | $9,580 | $3,177 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLARA WU TSAI | BOARD MEMBER | 1 | — |
| EMILIA FAZZALARI | BOARD MEMBER | 1 | — |
| LAURA ARNOLD | BOARD MEMBER | 1 | — |
| MICHAEL NOVOGRATZ | BOARD MEMBER | 1 | — |
| MICHAEL RAPINO | BOARD MEMBER | 1 | — |
| MICHAEL RUBIN | BOARD MEMBER/PRES/TREAS | 1 | — |
| ROBERT KRAFT | BOARD MEMBER | 1 | — |
| ROBERT SMITH | BOARD MEMBER | 1 | — |
| ROBERT WILLIAMS | CO-CHAIR | 1 | — |
| SHAWN CARTER | BOARD MEMBER | 1 | — |
| SAJ CHERIAN | BOARD MEMBER/SECY-NONVOTING | 1 | — |
| EDWARD HERRERA | CHIEF OPERATING OFFICER(AS OF 10/24) | 1 | — |
| JESSICA JACKSON | CHIEF EXECUTIVE OFFICER (AS OF 8/24) | 1 | — |
| KAREN CALDWELL | CFO/ASST TREAS (UNTIL 10/24) | 1 | — |
| ROBERT ROOKS | CHIEF EXECUTIVE OFFICER (UNTIL 7/24) | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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