Think Tank Watch has learned that the Dallas, Texas-based free-market think tank National Center for Policy Analysis (NCPA) is closing after 34 years in business.
Here is more from a statement on the think tank's website:
The
National Center for Policy Analysis (NCPA), a 501c3 public policy
research organization, announced this week that its Board of Directors
has voted to dissolve the organization effective immediately. The
thirty-four year old free market think tank has made significant
contributions to free-market public policy research and implementation,
including Health Savings Accounts, Roth IRAs, automatic enrollment in
401ks, and ongoing work in the areas of taxes, healthcare, entitlements,
economic development, energy and national security.
The decision to leave the world of think tanks comes after the
organization has faced significant financial challenges over the last
three years. The incident is not isolated, according to a June 29
Article in Exempt Magazine. The article mentions a recent survey from
The Bridgespan Group, which examined the financial health of nearly 300
grantees and cites, “More than half of surveyed nonprofits have frequent
or chronic budget deficits; 40 percent have fewer than three months of
operating reserves; and, 10 percent showed no reserves.”
The National
Center for Policy Analysis (NCPA), a 501c3 public policy research
organization, announced this week that its Board of Directors has voted
to dissolve the organization effective immediately. The thirty-four year
old free market think tank has made significant contributions to
free-market public policy research and implementation, including Health
Savings Accounts, Roth IRAs, automatic enrollment in 401ks, and ongoing
work in the areas of taxes, healthcare, entitlements, economic
development, energy and national security.
The decision to leave the world of think tanks comes after the
organization has faced significant financial challenges over the last
three years. The incident is not isolated, according to a June 29
Article in Exempt Magazine. The article mentions a recent survey from
The Bridgespan Group, which examined the financial health of nearly 300
grantees and cites, “More than half of surveyed nonprofits have frequent
or chronic budget deficits; 40 percent have fewer than three months of
operating reserves; and, 10 percent showed no reserves.”
NCPA...announced this week that its Board of Directors has voted to dissolve the organization effective immediately. The thirty-four year old think tank has made significant contributions to free-market public policy research and implementation, including Health Savings Accounts, Roth IRAs, automatic enrollment in 401ks, and ongoing work in the areas of taxes, healthcare, entitlements, economic development, energy, and national security.
The decision to leave the world of think tanks comes after the organization has faced significant financial challenges over the last three years. The incident is not isolated, according to a June 29 article in Exempt Magazine. The article mentions a recent survey from Bridgespan Group, which examined the financial health of nearly 300 grantees and cites, "More than half of the surveyed nonprofits have frequent or chronic budget deficits; 40 percent have fewer than three months of operating reserves; and, 10 percent showed no reserves."
The news comes just days after it was
announced that the conservative Washington, DC-based think tank Foreign Policy Initiative (FPI) is closing after eight years in operation.
The
National Center for Policy Analysis (NCPA), a 501c3 public policy
research organization, announced this week that its Board of Directors
has voted to dissolve the organization effective immediately. The
thirty-four year old free market think tank has made significant
contributions to free-market public policy research and implementation,
including Health Savings Accounts, Roth IRAs, automatic enrollment in
401ks, and ongoing work in the areas of taxes, healthcare, entitlements,
economic development, energy and national security.
The decision to leave the world of think tanks comes after the
organization has faced significant financial challenges over the last
three years. The incident is not isolated, according to a June 29
Article in Exempt Magazine. The article mentions a recent survey from
The Bridgespan Group, which examined the financial health of nearly 300
grantees and cites, “More than half of surveyed nonprofits have frequent
or chronic budget deficits; 40 percent have fewer than three months of
operating reserves; and, 10 percent showed no reserves.”
The National
Center for Policy Analysis (NCPA), a 501c3 public policy research
organization, announced this week that its Board of Directors has voted
to dissolve the organization effective immediately. The thirty-four year
old free market think tank has made significant contributions to
free-market public policy research and implementation, including Health
Savings Accounts, Roth IRAs, automatic enrollment in 401ks, and ongoing
work in the areas of taxes, healthcare, entitlements, economic
development, energy and national security.
The decision to leave the world of think tanks comes after the
organization has faced significant financial challenges over the last
three years. The incident is not isolated, according to a June 29
Article in Exempt Magazine. The article mentions a recent survey from
The Bridgespan Group, which examined the financial health of nearly 300
grantees and cites, “More than half of surveyed nonprofits have frequent
or chronic budget deficits; 40 percent have fewer than three months of
operating reserves; and, 10 percent showed no reserves.”
The
National Center for Policy Analysis (NCPA), a 501c3 public policy
research organization, announced this week that its Board of Directors
has voted to dissolve the organization effective immediately. The
thirty-four year old free market think tank has made significant
contributions to free-market public policy research and implementation,
including Health Savings Accounts, Roth IRAs, automatic enrollment in
401ks, and ongoing work in the areas of taxes, healthcare, entitlements,
economic development, energy and national security.
The decision to leave the world of think tanks comes after the
organization has faced significant financial challenges over the last
three years. The incident is not isolated, according to a June 29
Article in Exempt Magazine. The article mentions a recent survey from
The Bridgespan Group, which examined the financial health of nearly 300
grantees and cites, “More than half of surveyed nonprofits have frequent
or chronic budget deficits; 40 percent have fewer than three months of
operating reserves; and, 10 percent showed no reserves.”
The National
Center for Policy Analysis (NCPA), a 501c3 public policy research
organization, announced this week that its Board of Directors has voted
to dissolve the organization effective immediately. The thirty-four year
old free market think tank has made significant contributions to
free-market public policy research and implementation, including Health
Savings Accounts, Roth IRAs, automatic enrollment in 401ks, and ongoing
work in the areas of taxes, healthcare, entitlements, economic
development, energy and national security.
The decision to leave the world of think tanks comes after the
organization has faced significant financial challenges over the last
three years. The incident is not isolated, according to a June 29
Article in Exempt Magazine. The article mentions a recent survey from
The Bridgespan Group, which examined the financial health of nearly 300
grantees and cites, “More than half of surveyed nonprofits have frequent
or chronic budget deficits; 40 percent have fewer than three months of
operating reserves; and, 10 percent showed no reserves.”