Public Interest Fellowship Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PUBLIC INTEREST FELLOWSHIP FOUNDATION (TPIFF) DRAWS ON THE LEGACY OF THAT GREAT JOURNAL OF IDEAS AND POLICY FOUNDED BY DANIEL BELL AND IRVING KRISTOL. THIS LEGACY NOURISHED GENERATIONS OF INDIVIDUALS DEDICATED TO MEETING THE MORAL AND CULTURAL CHALLENGES OF THE DAY THROUGH THE RIGOROUS STUDY OF CONTEMPORARY AMERICA AND RECLAIMING OF THE ENDURING PRINCIPLES OF THE AMERICAN CONSTITUTIONAL TRADITION. CONCEIVED IN THAT SPIRIT, TPIFF PROVIDES EXCEPTIONAL YOUNG MEN AND WOMEN WITH PROFESSIONAL LEARNING OPPORTUNITIES AND A CONTINUING EDUCATION IN THE TRADITION OF FREEDOM. THE UNIQUE COMBINATION OF WORK AND STUDY IS DESIGNED TO ADVANCE A FELLOW'S PURSUIT OF CAREERS DEVOTED TO ENRICHING THE CULTURAL LIFE OF THE UNITED STATES.
- Income
- $4.2 million
- Spending
- $4.5 million
- Spent on programs
- 99%
- Reserves
- 2.8 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 26
- Volunteers
- 4
- Highest pay
- $199,568, president/executive director
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 64 out of 100. Higher than 46% of charities in its peer group (education, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.8 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
4 of 15Spending exceeded income by 7% of income.
Income trend
15 of 15Income rose 53% on the year before.
Spending floor
15 of 1599% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 255 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $1.6 million spent. RETREATS - TPIFF HOSTED THREE RETREATS THAT COVERED PRINCIPLES AND PRACTICE RELATED TO CRITICAL POLICY ISSUES.
- $1.5 million spent. PUBLICATIONS - THE FELLOWS WORKED FULL-TIME WITH PUBLICATIONS, THINK-TANKS, AND OBJECTIVE NON-PARTISAN POLICY FIRMS OVER THE COURSE OF A YEAR.
- $1.3 million spent. SEMINARS - FELLOWS STUDIED POLITICAL PHILOSOPHY, POLICY, AND HISTORY. EACH WEEK OF THE PROGRAM, THEY WERE REQUIRED TO PRODUCE WEEKLY WRITTEN RESPONSES, TO ENGAGE IN CLOSE TEXT STUDY, AND TO DEBATE WITH EACH OTHER.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.