Overview
What is The Reason Foundation?
The Reason Foundation, based in Los Angeles, California, is a nonprofit organization established in 1968. With a team of 96 employees, they are dedicated to enhancing a free society by developing, applying, and advocating for libertarian principles. These principles focus on individual liberty, free markets, and the rule of law. They achieve this through journalism and public policy research, influencing policymakers and public opinion, reaching an average of 3.8 million visitors per month at Reason.com and 2.8 million visits to ReasonTV. The foundation publishes 11 issues per year and has a significant reach, selling thousands of copies monthly and generating millions of user visits.
Official website here: www.reason.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Reason Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial excellence. The charity scored 100% in the Accountability & Finance category, reflecting its solid governance practices and financial integrity. Notably, the organization boasts a fully independent board and has no material diversions of assets, which helps ensure its mission and funds are used effectively.
Financially, The Reason Foundation demonstrates robust fiscal health with an 87.31% program expense ratio, indicating that a significant majority of its funds are directed toward its programs. Additionally, the organization has a low fundraising efficiency ratio of $0.09, highlighting its effectiveness in minimizing costs associated with fundraising efforts. The liabilities to assets ratio of 30.68% indicates a strong balance sheet, providing reassurance regarding its financial stability.
While the foundation shows exemplary performance in governance and financial metrics, potential donors and stakeholders should remain aware of the nonprofit's focus solely on accountability and finance, as the rating does not encompass other operational aspects such as program impact or outreach effectiveness. Overall, The Reason Foundation appears to be a well-managed organization dedicated to transparency and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Reason Foundation?
98% of 18 reviewers on Facebook recommend The Reason Foundation. Here is a summary of their reviews:
Overall, the sentiment towards The Reason Foundation appears overwhelmingly positive, with the majority of users appreciating the organization's efforts and contributions. Many supporters find value in the foundation's initiatives and their focus on advancing public policy topics.
However, it is important to note that a small minority of reviewers express critical views, questioning the organization's affiliations and motives. Despite this, the high recommendation rate suggests that most individuals feel satisfied with the foundation's work and impact.
This AI summary has been generated from reviews found on Facebook.
Is The Reason Foundation legitimate?
The Reason Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Reason Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,910,889
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,291,449
For more financial information, click here
Official website here: www.reason.org
What is the mission statement of The Reason Foundation?
The Reason Foundation works towards advancing a free society by developing, implementing, and championing libertarian principles. These principles encompass individual liberty, free markets, and the rule of law. Through journalism and public policy research, the organization influences the decision-making processes of policymakers and the public. Since 1968, The Reason Foundation has published 11 issues per month, reaching thousands of readers through print and online media. With an average of 3.8 million monthly visitors to Reason.com and an additional 2.8 million visits to ReasonTV, the foundation effectively spreads its message.
Official website here: www.reason.org
Who is the CEO of The Reason Foundation?
David Nott is the President, Ceo of The Reason Foundation. The CEO's salary of The Reason Foundation is $411,628 and their total compensation is $534,428.
Official website here: www.reason.org
What is the revenue of The Reason Foundation?
The Reason Foundation's revenue in 2022 was $15,233,016.
Official website here: www.reason.org
Who are the executives of The Reason Foundation and what are their salaries?
The average compensation at The Reason Foundation during 2022 was $85,441. There are 96 employees and 19 volunteers at The Reason Foundation.
Here are 33 key members and their salaries (The Reason Foundation's CEO's salary is $411,628 and their total compensation is $534,428):
- Compensation: $411,628
- Related: $0
- Other: $122,800
- Compensation: $230,000
- Related: $0
- Other: $393
- Compensation: $227,417
- Related: $0
- Other: $7,800
- Compensation: $211,956
- Related: $0
- Other: $17,561
- Compensation: $202,500
- Related: $0
- Other: $7,752
- Compensation: $202,500
- Related: $0
- Other: $384
- Compensation: $202,461
- Related: $0
- Other: $17,733
- Compensation: $182,835
- Related: $0
- Other: $17,704
- Compensation: $168,544
- Related: $0
- Other: $17,609
- Compensation: $144,167
- Related: $0
- Other: $308
- Compensation: $138,385
- Related: $0
- Other: $7,698
- Compensation: $122,565
- Related: $0
- Other: $308
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.reason.org
Where can I find the form 990 for The Reason Foundation?
The Reason Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reason.org
Learn more at the official website: www.reason.org
Mission Statement of The Reason Foundation
The Reason Foundation, a pioneering organization established in 1968, is dedicated to advancing a free society by developing, applying, and championing libertarian principles. This includes individual liberty, free markets, and the rule of law. The team at Reason Foundation employs journalism and public policy research to shape the dialogues and actions of policymakers and the public.
In simple terms, The Reason Foundation serves as a beacon for promoting intellectual freedom and market-based solutions. Their mission is threefold: first, they develop and refine libertarian principles that can be practically applied; second, they disseminate these ideas through various channels; and third, they advocate for these principles in the political sphere. By doing so, they aim to foster an environment where individuals can flourish, and markets can operate efficiently.
Reason Foundation's efforts are far-reaching, with a significant readership base and a robust online presence. Eleven issues of their publication are released each year, amassing 52,000 copies in circulation and 4,000 newsstand sales per month. Additionally, their websites, Reason.com and ReasonTV, attract an impressive average of 3.8 million and 2.8 million unique users, respectively, per month. The organization's impact extends beyond their print and digital platforms, as they influence the discourse surrounding crucial policy issues.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Reason Foundation significantly influences public discourse and policy by promoting libertarian principles, such as individual liberty, free markets, and the rule of law. Since 1968, it has been at the forefront of advocating for a free society through extensive journalism and public policy research. With a robust distribution of its materials, including 11 published issues that reach approximately 52,000 paid/requested copies and 4,000 newsstand copies monthly, the foundation effectively engages a wide audience.
In the digital realm, Reason’s impact is even more pronounced, with an average of 3.8 million user visits per month on Reason.com and 2.8 million visits to ReasonTV. This substantial online presence allows the Foundation to disseminate its ideas and research broadly, influencing the frameworks and actions of policymakers and shaping public opinion. Through its commitment to education and awareness, the Reason Foundation plays a crucial role in advancing the conversation around free minds and free markets.
This information is meant to be a general summary of The Reason Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $183,098
- Program Service Revenue: $1,124,817
- Gross Receipts: $18,264,074
Assets and Liabilities:
- Total Assets: $17,225,914
- Total Liabilities: $2,590,843
- Net Assets: $14,635,071
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSCRIPTION SALES
Revenue
$884,391
CONFERENCE REVENUE
Revenue
$240,426
Organization Details
Founding Year
1978
Phone
(310) 740-8579Principal Officer
David Nott
Main Address
5737 MESMER AVENUE, LOS ANGELES, CA, 90230
Website
www.reason.orgNTEE Category
Code: B90 - Education
If you are a representative of The Reason Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.