The Reform Research Trust is a think tank which publishes its own research and also publishes papers from external authors. It was founded by Nick Herbert (later a Conservative MP) and Andrew Haldenby. The trust is a private limited company with charitable status. The name "The Reform Research Trust" was first registered with companies house on 4 March 2004 and as a charity on 13 May 2004. The trust is funded by large donations from businesses and smaller donations from individuals. Reform has been given a C grade for funding transparency by Who Funds You?.