RFF is committed to transparency and accountability in its financial reporting and is dedicated to providing the maximum research value for our donors. Please see our annual reports and other financial documentation below for more on our expenses and revenue sources.
2016 Revenue and Expenses Breakdown
In fiscal year 2016, RFF’s operating revenue was $12.7 million, 76 percent of which came from individual contributions, foundation grants, corporate contributions, and grants from governments and other organizations. RFF augments its income with an annual withdrawl from its reserve fund to support operations. At the end of fiscal year 2016, RFF’s reserve fund was valued at $53.6 million.
RFF research and educational programs continued to be vital in 2016 representing 70 percent of total expenses. Management and administration, and development expenses combined were only 21 percent of the total. The balance is related to facilities rented to other nonprofit organizations.