Financial Reporting

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.

2014 Revenue and Expenses Breakdown


In fiscal year 2014, RFF’s operating revenue was $10.1 million, 69.6 percent of which came from individual contributions, foundation grants, corporate contributions, and government grants. RFF augments its income by an annual withdrawal from its reserve fund to support operations. At the end of fiscal year 2014 the reserve fund was valued at $62 million.


RFF research and educational programs continued to be vital in 2014, representing 69.2 percent of total expenses. Management and administration combined with fundraising expenses were only 21.4 percent of the total. The balance is related to facilities rented to other nonprofit organizations.

Annual Reports


Audited Financial Statements

OMB Circular A133 Reports 

IRS 501c3 tax exemption certification