Public Charity

THE REASON FOUNDATION

THE REASON FOUNDATION is a nonprofit organization categorized as Public Charity based in LOS ANGELES, CA. Its most recent IRS filing (2025) reports revenue of $22.8M, expenses of $22.0M, total assets of $29.1M. Imperigo tracks 116 reported grant relationships connected to this organization totaling approximately $29.7M.

EIN: 953298239 LOS ANGELES, CA Latest filing: 2025
Total Revenue$22.8M
Total Expenses$22.0M
Total Assets$29.1M
Grant Records116
Funding Total$29.7M
Filing Years2021–2025

Mission

REASON FOUNDATION ADVANCES A FREE SOCIETY BY DEVELOPING, APPLYING, AND PROMOTING LIBERTARIAN PRINCIPLES, INCLUDING INDIVIDUAL LIBERTY, FREE MARKETS, AND THE RULE OF LAW. WE USE JOURNALISM AND PUBLIC POLICY RESEARCH TO INFLUENCE THE FRAMEWORKS AND ACTIONS OF POLICYMAKERS, JOURNALISTS, AND OPINION LEADERS.

Sample Grants Received

2024
for general operations
$4,987,225
2024
For grant recipient's exempt purposes
$1,425,390
$172,570
2024
TO INCREASE SUPPORT FOR POLICIES THAT IMPROVE TEACHER PENSION SYSTEMS, WITH THE SPECIFIC GOAL OF MINIMIZING THE EFFECT THAT PENSION DEBT HAS ON EDUCATION BUDGETS.
$160,000
2024
Public, Societal Benefit
$152,500

Showing up to 5 of 116 total records — full history available with membership.

Officers & Directors

MARKETING DIRECTOR Aaron Steinberg
VICE PRESIDENT POLICY Adrian T Moore
TRUSTEE Baron Bond
TRUSTEE Brian Hooks
DIR OF DONOR COMMUNICATIONS Carin Mann
TRUSTEE Chris J Rufer

Officer compensation and complete director data available with membership.

Top Grant Purposes

for general operations
$10,876,480 4 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$6,289,174 3 grants
For grant recipient's exempt purposes
$5,118,889 9 grants
Education
$1,331,000 3 grants
For recipient's exempt purpose
$1,257,242 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $22.8M $22.0M $29.1M
2024 $23.3M $19.9M $25.6M
2023 $15.5M $17.5M $19.4M
2022 $15.2M $15.0M $17.2M
2021 $15.5M $13.4M $19.3M

Between 2021 and 2025, reported annual revenue grew from $15.5M to $22.8M (+47%), with total assets most recently reported at $29.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE REASON FOUNDATION

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