Civic Intelligence

Thomson Reuters Foundation Inc

EIN 13-4192037 • 501(c)3 • New York, NY

Profile

The organization's purpose is to offer humanitarian relief support community projects, health care, environmental and arts projects; as well as to provide disaster emergency relief in response to humanitarian crises throughout the world.

3 Times SquareNew York, NY 10036

www.trust.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.55x

Higher debt load relative to assets than 90% of similar nonprofits.

NTEE T31 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

1.00x

Higher debt load relative to revenue than 95% of similar nonprofits.

NTEE T31 • <$500k nonprofits • Source year 2024

Net Margin

36th percentile

0.0%

Higher net margin than 36% of similar nonprofits.

NTEE T31 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE T31 • <$500k nonprofits • Source year 2024

Asset Growth

9th percentile

-79%

Faster asset growth than 9% of similar nonprofits.

NTEE T31 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-88%

Faster revenue growth than 10% of similar nonprofits.

NTEE T31 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$41,814

Down $162,015 (-79%) from 2023

Liabilities

Down

$23,065

Down $162,015 (-88%) from 2023

Net Assets

Flat

$18,749

Flat from 2023

Operations
Liabilities / Revenue95th percentileNet Margin36th percentile

Revenue

Down

$23,065

Down $162,015 (-88%) from 2023

Expenses

Down

$23,065

Down $162,015 (-88%) from 2023

Net Income

Flat

$0

Flat from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $178,879Liabilities 2011: $159,143Net Assets 2011: $19,7362011Assets 2012: $316,504Liabilities 2012: $161,953Net Assets 2012: $154,5512012Assets 2013: $633,234Liabilities 2013: $164,230Net Assets 2013: $469,0042013Assets 2014: $729,419Liabilities 2014: $719,419Net Assets 2014: $10,0002014Assets 2015: $1,038,654Liabilities 2015: $1,019,905Net Assets 2015: $18,7492015Assets 2016: $464,638Liabilities 2016: $445,889Net Assets 2016: $18,7492016Assets 2017: $616,725Liabilities 2017: $597,976Net Assets 2017: $18,7492017Assets 2018: $375,264Liabilities 2018: $356,515Net Assets 2018: $18,7492018Assets 2019: $138,118Liabilities 2019: $119,369Net Assets 2019: $18,7492019Assets 2020: $119,576Liabilities 2020: $100,827Net Assets 2020: $18,7492020Assets 2021: $264,749Liabilities 2021: $246,000Net Assets 2021: $18,7492021Assets 2022: $238,749Liabilities 2022: $220,000Net Assets 2022: $18,7492022Assets 2023: $203,829Liabilities 2023: $185,080Net Assets 2023: $18,7492023Assets 2024: $41,814Liabilities 2024: $23,065Net Assets 2024: $18,7492024

Highlighted filing

2024

Assets$41,814
Liabilities$23,065
Net Assets$18,749
Open 2024 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $122,636Expenses 2011: $130,057Net Income 2011: -$7,4212011Revenue 2012: $155,049Expenses 2012: $20,233Net Income 2012: $134,8162012Revenue 2013: $179,632Expenses 2013: $6,790Net Income 2013: $172,8422013Revenue 2014: $231,741Expenses 2014: $690,745Net Income 2014: -$459,0042014Revenue 2015: $164,228Expenses 2015: $157,965Net Income 2015: $6,2632015Revenue 2016: $255,972Expenses 2016: $258,080Net Income 2016: -$2,1082016Revenue 2017: $382,746Expenses 2017: $424,215Net Income 2017: -$41,4692017Revenue 2018: $155,749Expenses 2018: $132,898Net Income 2018: $22,8512018Revenue 2019: $154,453Expenses 2019: $154,453Net Income 2019: $02019Revenue 2020: $101,181Expenses 2020: $101,181Net Income 2020: $02020Revenue 2021: $246,000Expenses 2021: $246,000Net Income 2021: $02021Revenue 2022: $220,000Expenses 2022: $220,000Net Income 2022: $02022Revenue 2023: $185,080Expenses 2023: $185,080Net Income 2023: $02023Revenue 2024: $23,065Expenses 2024: $23,065Net Income 2024: $02024

Highlighted filing

2024

Revenue$23,065
Expenses$23,065
Net Income$0
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$41,814
Liabilities
$23,065
Net assets
$18,749
Revenue
$23,065
Expenses
$23,065
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.02$0.02$0.02$0.02$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.19$0.02$0.19$0.19$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.22$0.02$0.22$0.22$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.25$0.02$0.25$0.25$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.10$0.02$0.10$0.10$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.12$0.02$0.15$0.15$0.00
2018Summary only. Only limited summary data is available for this year.$0.38$0.36$0.02$0.16$0.13$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.60$0.02$0.38$0.42$0.04
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.45$0.02$0.26$0.26$0.00
2015Summary only. Only limited summary data is available for this year.$1.04$1.02$0.02$0.16$0.16$0.01
2014Summary only. Only limited summary data is available for this year.$0.73$0.72$0.01$0.23$0.69$0.46
2013Summary only. Only limited summary data is available for this year.$0.63$0.16$0.47$0.18$0.01$0.17
2012Summary only. Only limited summary data is available for this year.$0.32$0.16$0.15$0.16$0.02$0.13
2011Summary only. Only limited summary data is available for this year.$0.18$0.16$0.02$0.12$0.13$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 25, 2025
Return Version
2024v5.2
Gross Receipts
$23,065
Mission and Program Overview

Mission

The organization's purpose is to offer humanitarian relief support community projects, health care, environmental and arts projects; as well as to provide disaster emergency relief in response to humanitarian crises throughout the world.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$203,829$41,814▼ $162,015
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$203,829$41,814▼ $162,015
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$185,080$23,065▼ $162,015
Accounts Payable and Accrued Expenses$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$185,080$23,065▼ $162,015
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,749$18,749→ $0
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$18,749$18,749→ $0
Total Liabilities and Net Assets / Fund Balance$203,829$41,814▼ $162,015
Compensation and Service Providers
Top Officer Pay95th percentile

Board Members and Trustees

NameTitle
Anya SchiffrinChairperson & Director
Peter WarwickPresident & Director
Elizabeth FreemanDirector
Francesco BongarraDirector
Jaya AdapaDirector
Carolina Henriquez SchmitzAssistant Secretary
Joseph KapustynskiAssistant Secretary
Helen V StamatiadisSecretary
Sean CannizzaroTreasurer, VP & Asst Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$23,065
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$23,065
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$23,065
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$23,065--$23,065
Total Functional Expenses$23,065$0$0$23,065
International Activity

International Summary

Offices
0
Employees
0
Spending
$23,065

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Grantmaking-00$23,065
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Thomson reuters foundation inc. Utilizes the thomson reuters tax department to prepare the return and has received guidance from external tax professionals.”

Form 990, Part VI, Section B, Line 12C - Conflict of Interest

“During 2024, there was no change in the conflict of interest policy. During 2024, the employees, officers and board member are subject to the foundation's policy on conflicts of interest and are required to disclose interests that could give rise to conflicts. Any disclosure that could give rise to conflicts as identified through such review are reported to an appropriate senior officer.”

Form 990, Part VI, Section B, Line 15A & 15B-compensation Review

“No compensation was paid for board members and officers during 2024.”

Form 990, Part VI, Section C, Line 19

“Thomson reuters foundation inc. Does not make its governing documents, conflict of interest policy or financial statements available to the public. However, the trust principles are made available on www.trust.org foundation website.”

Filing and Contact Details

Filer

Filer Name
Thomson Reuters Foundation Inc
EIN
13-4192037
In Care Of
% SEAN CANNIZZARO
Phone
6462234282
Address
3 TIMES SQUARE, NEW YORK, NY 10036

Signing Officer

Name
Sean Cannizzaro
Title
Treasurer
Phone
6462234282
Signed
2025-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sean Cannizzaro
Formed
2001
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
PwC US Tax LLP
Address
300 Madison Avenue, New York, NY 10017
Preparer
Sapna P Vasu
Phone
6464713000
Supplemental Narrative

Additional Explanations

FORM 990 PART I, LINE 1 - ORGANIZATION'S MISSION

“Organized for the primary purpose of offering humanitarian relief supporting community projects, health care, environmental and arts projects; as well as providing disaster emergency relief in response to humanitarian crises throughout the world.”

Form 990 Part III, Lines 4A-4E

“Program service accomplishments and financial information: thomson reuters foundation inc. $23,065 program service expenses are grants to thomson reuters foundation, a charity registered in england and wales registration #1082139. Thomson reuters foundation inc. Retains full control and discretion over the use of funding. The major accomplishments mentioned are the ultimate positive result of the funds raised and granted as program expenses to thomson reuters foundation.”

Raw XML AppendixShowing 400 of 480 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE ORGANIZATION'S PURPOSE IS TO OFFER HUMANITARIAN RELIEF SUPPORT COMMUNITY PROJECTS, HEALTH CARE, ENVIRONMENTAL AND ARTS PROJECTS; AS WELL AS TO PROVIDE DISASTER EMERGENCY RELIEF IN RESPONSE TO HUMANITARIAN CRISES THROUGHOUT THE WORLD.
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IRS990/ProgSrvcAccomActy2Grp/Desc0TRUST CONFERENCE: WE CONVENE THOUGHT LEADERS, DECISION MAKERS AND ACTIVISTS TO TAKE ACTION TO PUT THE RULE OF LAW BEHIND WOMEN'S RIGHTS, AND TO FIGHT MODERN DAY-SLAVERY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0UNDER REPORTED STORIES: WE COVER THE WORLD'S UNDER REPORTED STORIES: HUMANITARIAN ISSUES, WOMEN'S RIGHTS, THE HUMAN IMPACT OF CLIMATE CHANGE, AND MODERN-DAY SLAVERY.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROGRAMS TRIGGER CHANGE & EMPOWER PEOPLE GLOBALLY
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0TRF Inc. is a nonprofit organization whose mission is to advance access to justice and strengthen civil society organizations (CSOs) globally by providing pro bono legal services, capacity-building, and resources. Our core activities include connecting CSOs with volunteer lawyers, delivering legal education, and supporting projects that promote the rule of law and human rights. Maintaining TRF Inc.'s classification as a public charity under U.S. tax law is a key organizational priority. While TRF Inc. consistently met the 33 1/3% public support test through fiscal year 2021, public support has remained above 20% since fiscal year 2022, allowing us to continue qualifying as a public charity under the 10% facts-and-circumstances test based on the diversity of our support and our governance and operations being responsive to the public. TRF Inc. employs a variety of mechanisms to attract and maintain public support. These include annual fundraising drives, targeted outreach to law firms and individual donors, grant applications to foundations and governmental agencies, and public awareness initiatives such as the Trust Conference held annually. In addition, we are enhancing our website to facilitate online donations and further improve accessibility for supporters. Our source of public support is broad and diversified. Public support includes contributions from law firms, individuals, foundations, and government grants. For example, contributions from law firms increased from $23,000 in FY2024 to approximately $150,000 by August 2025, reflecting the effectiveness of our outreach and strategy. TRF Inc. is governed by a board of directors that is broadly representative of the public interest, including members with backgrounds in law, nonprofit management, and community service. The board meets regularly, and our governance structure ensures accountability and responsiveness to the communities we serve. We also encourage public participation through the free to attend Trust Conference and stakeholder engagement. We are executing a multi-year plan to further broaden our donor base and increase the proportion of public support, with the goal of returning to or exceeding the 33 1/3% public support threshold by FY2027. These actions demonstrate our commitment to remaining a publicly supported charity and to operating transparently and in the public interest.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 17A, FACTS AND CIRCUMSTANCES TEST
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THOMSON REUTERS FOUNDATION INC. RETAINS FULL CONTROL AND DISCRETION OVER THE USE OF FUNDING. THE INDEPENDENT AUDITORS FOR THE BENEFICIARY FOREIGN CHARITY AUDITED FINANCIAL STATEMENTS ARE THE AUDITORS WHO REVIEWED THE THOMSON REUTERS FOUNDATION INC. FINANCIAL STATEMENTS.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1ACCRUAL METHOD OF ACCOUNTING.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PART I, LINE 2 - MONITORING OF FUNDS GRANTED OUTSIDE THE US:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PART II, LINE 1 - METHOD OF ACCOUNTING
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZED FOR THE PRIMARY PURPOSE OF OFFERING HUMANITARIAN RELIEF SUPPORTING COMMUNITY PROJECTS, HEALTH CARE, ENVIRONMENTAL AND ARTS PROJECTS; AS WELL AS PROVIDING DISASTER EMERGENCY RELIEF IN RESPONSE TO HUMANITARIAN CRISES THROUGHOUT THE WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAM SERVICE ACCOMPLISHMENTS AND FINANCIAL INFORMATION: THOMSON REUTERS FOUNDATION INC. $23,065 PROGRAM SERVICE EXPENSES ARE GRANTS TO THOMSON REUTERS FOUNDATION, A CHARITY REGISTERED IN ENGLAND AND WALES REGISTRATION #1082139. THOMSON REUTERS FOUNDATION INC. RETAINS FULL CONTROL AND DISCRETION OVER THE USE OF FUNDING. THE MAJOR ACCOMPLISHMENTS MENTIONED ARE THE ULTIMATE POSITIVE RESULT OF THE FUNDS RAISED AND GRANTED AS PROGRAM EXPENSES TO THOMSON REUTERS FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THOMSON REUTERS FOUNDATION INC. UTILIZES THE THOMSON REUTERS TAX DEPARTMENT TO PREPARE THE RETURN AND HAS RECEIVED GUIDANCE FROM EXTERNAL TAX PROFESSIONALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DURING 2024, THERE WAS NO CHANGE IN THE CONFLICT OF INTEREST POLICY. DURING 2024, THE EMPLOYEES, OFFICERS AND BOARD MEMBER ARE SUBJECT TO THE FOUNDATION'S POLICY ON CONFLICTS OF INTEREST AND ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ANY DISCLOSURE THAT COULD GIVE RISE TO CONFLICTS AS IDENTIFIED THROUGH SUCH REVIEW ARE REPORTED TO AN APPROPRIATE SENIOR OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO COMPENSATION WAS PAID FOR BOARD MEMBERS AND OFFICERS DURING 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THOMSON REUTERS FOUNDATION INC. DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. HOWEVER, THE TRUST PRINCIPLES ARE MADE AVAILABLE ON WWW.TRUST.ORG FOUNDATION WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 PART I, LINE 1 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 PART III, LINES 4A-4E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A & 15B-COMPENSATION REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
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