Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $327,000,000

• 3 · Investment income

  total $1,062,315 · excluded $1,062,315

• 7a · Gross sales of assets other than inventory

  securities $7,711,183

• 7b · Less cost or other basis and sales expenses

  securities $6,692,517

• 7c · Gain or loss

  securities $1,018,666

• 7d · Net gain or loss

  total $1,018,666 · excluded $1,018,666

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $262,250,000 · program services $262,250,000

• 2 · Grants to domestic individuals

  total $1,380 · program services $1,380

• 3 · Grants to foreign organizations and individuals

  total $87,597,779 · program services $87,597,779

• 7 · Other salaries and wages

  total $4,932,085 · program services $4,932,085

• 8 · Pension plan contributions

  total $432,301 · program services $432,301

• 9 · Other employee benefits

  total $2,126,879 · program services $979,512 · management and general $1,147,367

• 10 · Payroll taxes

  total $12,289 · program services $12,289

• 11b · Fees: legal

  total $4,120,908 · program services $29,050 · management and general $4,091,858

• 11c · Fees: accounting

  total $295,154 · program services $257,216 · management and general $37,938

• 11g · Fees: other

  total $21,153,416 · program services $8,179,474 · management and general $12,973,942

• 13 · Office expenses

  total $382,310 · program services $374,703 · management and general $7,607

• 16 · Occupancy

  total $714,939 · program services $714,831 · management and general $108

• 17 · Travel

  total $1,015,985 · program services $987,190 · management and general $28,795

• 19 · Conferences, conventions and meetings

  total $614,685 · program services $454,599 · management and general $160,086

• 22 · Depreciation, depletion and amortization

  total $496,747 · program services $475,904 · management and general $20,843

• 23 · Insurance

  total $484,390 · program services $59,117 · management and general $425,273

• 24a · Other expenses: REIMBURSE TO OSI

  total $17,843,053 · program services $1,350,064 · management and general $16,492,989

• 24b · Other expenses: SOFTWARE AND IT EQUIPME

  total $56,761 · program services $54,689 · management and general $2,072

• 24c · Other expenses: TAX WITHHOLDING

  total $8,771 · program services -$239 · management and general $9,010

• 24d · Other expenses: FOREIGNN EXCHANGE GAIN

  total -$434,004 · program services -$132,370 · management and general -$301,634

• 24e · All other expenses

  total $2,814,894 · program services $2,241,705 · management and general $573,189

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $34,607,281 · end of year $20,279,780

• 2 · Savings and temporary cash investments

  beginning of year $45,000,000 · end of year $7,711,183

• 3 · Pledges and grants receivable

  beginning of year $76,700,000 · end of year $15,000,000

• 7 · Other notes and loans receivable

  beginning of year $68,475,463

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,417,824 · end of year $14,918,269

• 10a · Land, buildings and equipment: cost or other basis

  $7,413,964

• 10b · Land, buildings and equipment: accumulated depreciation

  $1,496,563

• 10c · Land, buildings and equipment, net

  beginning of year $1,957,208 · end of year $5,917,401

• 12 · Investments: other securities

  beginning of year $496,998,075 · end of year $596,000,313

• 15 · Other assets

  beginning of year $77,429,682 · end of year $116,449,911

• 17 · Accounts payable and accrued expenses

  beginning of year $2,331,955 · end of year $10,396,946

• 18 · Grants payable

  beginning of year $70,779,014 · end of year $70,821,697

• 25 · Other liabilities

  beginning of year $2,366,166 · end of year $1,121,100

• 27 · Net assets without donor restrictions

  beginning of year $728,108,398 · end of year $693,937,114

The filer's explanations (Part III)

SCHEDULE J, PART I

FPR, INC. HAD THIRTEEN EMPLOYEES LOCATED IN BOGOTA, NINE EMPLOYEES LOCATED IN MEXICO AND EIGHT EMPLOYEES LOCATED IN SEOUL DURING 2023. 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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• OSF PROPERTY BERLIN GMBH

  REAL ESTATE · GM · income $0 · assets $149,894

  Directly controlled by FPRI

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• QUANTUM ENDOWMENT CAYMAN FUND LIMITED

  C · INVESTMENT · CJ · 24.6% owned · share of income $68,346,792 · share of assets $607,241,989

  Directly controlled by FPR

• QUANTUM ENDOWMENT CAYMAN LIMITED

  C · INVESTMENT · CJ

  Directly controlled by FPR

• FPR INVESTMENT LTD

  C · INVESTMENT · CJ

  Directly controlled by FPR