Americans for Tax Reform Foundation

“The Foundation's Articles and Bylaws were amended in 2022 to change the organization's name from Americans for Tax Reform Foundation to Tholos Foundation.”

“The Board does not have committees with authority to act on behalf of the governing body.”

“The Board Chair, Executive Director, and Vice President of Finance all review the 990.”

“All new employees and Board members are asked to sign a statement indicating they are familiar with the policy. The President and Executive Director personally monitor activities of employees to assure compliance. In addition, the President and/or Executive Director hold weekly staff meetings with each department where they are able to scrutinize for any violation of the policy.”

“Before making recommendations to the Board, the Executive Director obtains 990s from all Washington-DC based similar organizations. Compensation is compared with other organizations. In addition, metrics such as press appearances, quotes, and public effectiveness metrics (such as political magazine rankings) are taken into account before a recommendation is made. These metrics are discussed with the board before the Board approves any compensation adjustment decisions for the President. These policies will be applied to future decisions the Board makes regarding key employees as defined by the 990.”

“The organization provides a Public Disclosure Copy of its 990 to Guidestar.”

“Tholos Foundation will provide copies of these documents upon request.”

“Affiliated with Americans for Tax Reform, Tholos is a 501(c)(3) educational foundation originally founded in 1985 at the request of President Reagan. Our organization is named for the tholos on the ancient Athenian agora, where the Athenian Senate dined and met with prominent members of the community at large. Like the conversations that took place in the ancient Athenian tholos, our work is focused around coalitions and cooperation, both within and outside government structures. On a concrete level, the Tholos Foundation promotes effective policy in two main ways: 1) The Tholos Foundation conducts research and education on effective public policy from a free-market perspective, with a particular emphasis on taxes, spending, regulation, innovation, and property rights. Our most well-known publications include the International Property Rights Index and the Trade Barrier Index. 2) Tholos organizes coalitions of free-market advocates and their cultural allies both within the United States and around the world. This includes in-person meetings; more than 2500 individual leaders meet every month at Tholos-organized meetings from Naples, Florida to Naples, Italy.”

“The Foundation reimburses staffing costs to Americans for Tax Reform, a related organization. The related organization files all required federal employment returns.”

“Consultants and contractors: Program service expenses 116,203. Management and general expenses 222,364. Fundraising expenses 146,148. Total expenses 484,715.”

“The process has not changed from the prior year.”