Showing posts with label think tank donations. Show all posts
Showing posts with label think tank donations. Show all posts

Tuesday, October 30, 2018

Conservative Think Tanks Get Mega Millions

They may not have won Powerball of Mega Millions, but a pair of conservative think tanks is getting a huge injection of funds from generous donors.

The Heritage Foundation is getting a $43 million bequest from the estate of Judge Allison and Dorothy Rouse.  It is one of the largest gifts in the think tank's 45-year history.

Heritage is also establishing the Grover M. Hermann Center for the Federal Budget from a separate $5 million grant that coincides with the sunsetting of The Grover Hermann Foundation.

The Hudson Institute is also getting a few million dollars:

Hudson Institute announced the creation of the Ravenel B. Curry III Chair to be held initially by Hudson distinguished fellow Walter Russell Mead for a five-year period. The position is made possible by a $3 million gift to the Institute by Ravenel B. Curry III.
Ravenel Curry III is the managing director and chief investment officer of Eagle Capital Management LLC. He co-founded the investment firm in 1988 with his wife, Elizabeth Curry, who passed away in 2015. Previously, Curry served as a portfolio manager at the Duke Endowment, and as a partner at H.C. Wainwright. He is a member of Hudson Institute’s Chairman’s Advisory Board and is also a trustee of the American Enterprise Institute, the Manhattan Institute, and The New York Historical Society. 

Both Heritage and Hudson have very close ties to the Trump Administration and have played an influential role in terms of policy.

Monday, April 3, 2017

Amid Tarnished Image Rubenstein Gives Brookings $20 Million Boost

Billionaire David Rubenstein has just injected $20 million into the Brookings Institution.  Here is more from a press release:
Brookings Institution President Strobe Talbott announced today the establishment of the David M. Rubenstein Fellowships. As part of the Institution’s strategic plan for its second century, which includes a key goal of advancing diversity in its scholarly community, Brookings will appoint outstanding early-and mid-career scholars and experts from the United States and abroad. The work of the Rubenstein Fellows will significantly augment and diversify the independent policy research and analysis of Brookings’s more than 100 resident scholars. The first class of Rubenstein Fellows will take up their positions at Brookings by September 2017.
This new program is made possible by a generous multi-million dollar gift from David M. Rubenstein, co-chair of the Brookings Board of Trustees, and co-founder and co-chief executive officer of the Carlyle Group.
Following a rigorous and competitive application process, the Rubenstein Fellows will be appointed for two-year terms in one or more of Brookings’s five research programs.

Although the press release does not mention the exact amount of the donation, other entities have reported that Rubenstein gave $15 million for the new fellowship program and $5 million to the think tank's foreign policy department.

Inside Philanthropy writes about the new donation, saying that it is "hard to see think tanks overseen by corporate leaders and heavily funded by business as truly impartial."  It also notes that it is one of the biggest gifts made to a think tank in recent years.

Anyone interesting in applying for the fellowship can do so here (salary is commensurate with experience).

In 2014, billionaire Daniel D'Aniello (also from the Carlyle Group) gave the American Enterprise Institute (AEI) $20 million.

In 2013, the Heritage Foundation received a $26 million gift from the family of the late  Kathryn and Shelby Cullom Davis.

Wednesday, September 21, 2016

Billionaire's Daughter Throwing Big Money at Think Tanks

In the think tank world, it pays to be friends with billionaires.  The latest example comes from The Washington Post:
Mitt Romney had just lost the 2012 presidential election, and a group of wealthy donors assembled in New York's University Club was trying to figure out what had gone wrong.  Suddenly, a young woman stood up before the largely male crowd and delivered an unsparing critique of the Republican's technology and canvassing operations.
Thomas Saunders III, chairman of the Heritage Foundation's Board of Trustees, was impressed.  "Who is that?" he asked the man next to him.
Soon, there would be few in conservative policy and political circles who did not know the name Rebekah Mercer.
Galvanized in part by the Republicans' 2012 White House loss, the middle daughter of billionaire hedge fund magnate Robert Mercer has rattled the status quo by directing her family's resources into an array of investments on the right.  In the past six years, the Mercers have poured tens of millions into Republican super PACs, Washington think tanks, state policy shops, a film-production company, a data analytics operation and one of the country's most provocative online conservative news outlets.

The article goes on to note that Rebekah Mercer jointed the board of the Goldwater Institute and her family foundation gave nearly $1 million to the think tank between 2011 and 2014.  The family foundation have nearly $35 million to conservative think tanks and policy groups between 2009 and 2014.  And she is now on the board of trustees of the Heritage Foundation.

The Hill also notes that Mercer has been a big supporter of the libertarian Cato Institute.

Think Tank Watch recently wrote about a new trend of billionaires starting their own think tanks.  Here is a previous Think Tank Watch post on the favorite think tank of billionaires.

Wednesday, June 22, 2016

Does Trump Want to Destroy Think Tanks?

For months and months, think tanks were not a target for Donald Trump, but now, some think tanks are fretting after the Trump campaign suggested that a main source of funding for think tanks should be severely limited.  Ironically, the suggestion came from Stephen Moore, a top economic advisor to Trump who happens to work at the conservative think tank Heritage Foundation.

Under Mr. Moore's plan, which calls for higher taxes on rich people who donate to non-profits (i.e., think tanks), many of the very donors who give to his think tank (and many others) will likely reduce their donations to Washington's powerful policy organizations.  After all, Heritage is one of the many think tanks that receives funds from billionaire donors.

Here is more from a recent Hill piece:
Moore said the policy challenge would be writing law that distinguishes between genuine charities, like churches and the Salvation Army, and those that should be subject to taxes.
“The question is: Could you make a distinction between a church, homeless shelter, soup kitchen versus the Brookings Institution?” he said, referring to the nonpartisan think tank. Moore’s employer, the Heritage Foundation, is a conservative think tank.

Our guess is that Moore does not mind shooting himself (and his think tank cohorts) in the foot because if Trump becomes president, he would likely leave think tank land after being given a plum job in the Trump Administration.

Wednesday, November 11, 2015

Updated List of Atlantic Council Donors

Atlantic Council has recently updated its donors list, and Think Tank Watch has been analyzing the list for interesting tidbits.  Donors include US government agencies, foreign government agencies, corporations (both domestic and foreign), other think tanks and think tankers, universities, foundations, law firms, PR firms, consulting firms, foreign stock exchanges, cultural centers, former government officials, and others.  Here is what we found:

  •  US government entities include: US State Department, US Air Force, US Army, US Marines.
  • Large corporations: Airbus, Chevron, Google, Lockheed Martin, Raytheon, Southern Company, Thomson Reuters, BP, ExxonMobil, General Electric, Northrup Grumman, Panasonic, SAIC, United Technologies, Barclays Capital, Coca-Cola Co., ConocoPhillips, ENI, FedEx, McAfee, Microsoft, Target, Boeing, Bloomberg, Caterpillar, Daimler, Gallup, HSBC, Dow Chemical, Comcast, Rolls-Royce, Bank of Tokyo - Mitsubishi UFJ. 
  • Foreign governments: United Arab Emirates (UAE; which gives the think tank at lesast $1 million), Kingdom of Bahrain, City of London, Temasek Holdings (Singapore), Embassy of Hungary, Ministry of Defense of Finland, Embassy of Latvia, Estonian Ministry of Defense, Ministry of Defense of Georgia, Ministry of Defense of Montenegro, Republic of Macedonia Ministry of Foreign Affairs, Embassy of Slovakia, Embassy of Czech Republic.
  • Other think tanks and think tankers: Center for Strategic and International Studies (CSIS), Nicolas Veron of Bruegel (formerly at PIIE), Anne-Marie Slaughter (head of New America Foundation), Michele Flournoy (head of Center for a New American Security), Center for Middle East Policy at Brookings Institution.
  • Other notable entities: UCLA, Georgetown University Law Center, The Bill, Hillary & Chelsea Clinton Foundation, Sandia National Laboratories, Lawrence Livermore National Laboratory, Baker & McKenzie LLP, Scowcroft Group, Edelman, McLarty Associates, Istanbul Stock Exchange.

Here is a Think Tank Watch story from 2013 about Atlantic Council revealing its donors after Chuck Hagel, then-Chairman of Atlantic Council, had to reveal who funded his think tank during his nomination process for Defense Secretary.

The most interesting thing from the latest donor disclosures is probably the number of outside think tanks and think tankers who donate to Atlantic Council.  And just like for other think tanks, colleges and universities donate to Atlantic Council.

 Below is the full list that Atlantic Council has disclosed, lumped into categories by donation amount:


**********
 ǂ denotes a sponsor of the 2014 Wroclaw Global Forum
denotes a sponsor of the 2014 Energy and Economic Summit
deceased


$1,000,000 and above

Adrienne Arsht
Bahaa Hariri
United Arab Emirates

$250,000 - $999,999

Airbusǂ
BMCE Bank
Bromak EOOD
Center for the Study of Democratic Institutions
Chevron◊
Corporate Commercial Bank
Hunton & Williams
Kingdom of Bahrain
George Lund
MNG Holding Company, Inc.◊
Dinu Patriciu
Brent Scowcroft
Smith Richardson Foundation
Turkiye Halk Bankasi A.S.◊
US State Department

$100,000 - $249,000

Actidea
Anonymous
Atlantic Advocacy Fund Inc.
Thomas L. Blair
Bob Woodruff Foundation
Central Europe Energy Partners AISBL (CEEP)◊
Cheniere Energy, Inc.◊
Chopivsky Family Foundation
Defense Ministry of Norway
Dentons LLP◊
Genel Enerji◊
Googleǂ
Istanbul Stock Exchange◊
Lockheed Martin Corporationǂ
Macarthur Foundation
Alexander Mirtchev
OCP S.A.
Ploughshares Fund
Raytheonǂ
Rockefeller Brothers Fund, Inc.
SAAB
Southern Companyǂ
TECRO
The Morganti Group
Thomson Reuters
Ukrainian World Congress
Olin Wethington

$50,000 - $99,000

ACE Group
African Rainbow Minerals
Tewodros Ashenafi
Audiovisuelle International
Bank of America Corporation
BOTAS - Boru Hatlari Ile Petrol Tasima Anonim Sirk◊
BP◊
Calik Enerji Sanayi Ve Ticaret A.S.◊
Michael Calvey
CEZ Group◊
City of London
DRS Technologies, Inc.
ETH Zurich
ExxonMobil ◊
Julie Finley
Ronald M. Freeman
Frontera Resources
Robert S. Gelbard
General Electric ◊
Infosys
Peter Kovarcik†
Krauss Maffei Wegmann
John Macomber
McGraw Hill Financial
Meads International, Inc.ǂ
Georgette Mosbacher
Northrop Grumman Corporation
Ahmet Oren
Panasonic Corporation of North America
W. DeVier Pierson
PricewaterhouseCoopers LLP
Republic of Cyprus
RTI International Metals, Inc.
SAIC
SICPA S.A.
Skoll Global Imperatives
Standard Chartered Bank
Temasek Holdings
James C. Temerty
Textron
The Blackstone Group
Tishman Speyer Properties LP
TPAO◊
Transatlantic Policy Network
Tupras◊
United Technologies Corporationǂ
Zorlu Enerji◊

$25,000 - $49,999

Allianz SE◊
American Water
Bank of Tokyo - Mitsubishi UFJ
Barclays Capital
Victor L. Chu
Coca-Cola Company
ConocoPhillips
Steven and Roberta Denning
DEPA Public Gas Corporation of Greece◊
Markus Dohle
Conrado Dornier
Edelman
Ekkou VP SRL◊
Embassy of Hungary
ENI
FedEx Corporation
Fluor Corporation
Garanti Bank◊
C. Boyden Gray
Grupa Lotos S.A.
Grupo Salinas
Guggenheim Partners, LLC
Gulf Keystone Petroleum Ltd.◊
James L. Jones, Jr.
Leidos, Inc.
LexisNexis Group
Lucky Cement Limited
Mannheim LLC
MBDA Incorporated
McAfee, Inc.
McLarty Associates
Microsoft Corporation
Ministry of Defence of Finland
Mol Group◊
Moroccan-American Cultural Center
MVM Magyar Villamos Muvek Zrt.◊
William H. Nixon
Novartis Corporation
OMV Petrol Ofisi A.S.◊
Andrew Prozes
Publicis Groupe
Renaissance Strategic Advisors
Jeffrey A. Rosen
SAS
Scowcroft Group
Alan J. Spence
Stfa Yatirim Holding A.S.◊
Target Corporation
Thales USA
The Boeing Company
Thermo Fisher Scientific
Trans Adriatic Pipeline (TAP) AG◊
Turkerler Holding, A.S.◊
US Air Force
US Army
US Chamber of Commerce
US Marines

$10,000 - $24,999

Odeh Aburdene
Accuron Technologies Limited
Baker & McKenzie LLPǂ
Bloomberg L.P.
Caterpillar Inc.
Center For Strategic & International Studies
John Chapoton
C. Diane Christensen
CISCO - Basic Solutions Corp.
Daimler
DBS Bank
Deloitte Services
Embassy of Latvia
Estonian Ministry of Defence
Alan H. Fleischmann
Futurewei Technologies, Inc.
Gallup, Inc.
Sherri Goodman
Gokhan Gundogdu
Stephen J. Hadley
Ian Hague
Brian C. McK. Henderson 
Henry Schein, Inc.
Mary L. Howell
HSBC
Instititue of International Education
Franklin D. Kramer
Loews Corporation
Hilda Ochoa-Brillembourg
Arnold L. Punaro
Rockefeller & Co.
Charles O. Rossotti
Shearman & Sterling, LLP
Stroock & Stroock & Lavan LLP
Syngenta Corporation
TD International LLC
The Dow Chemical Company
The Soufan Group
Enzo Viscusi
Water Standard Company LLC
John C. Whitehead†

$5,000 - $9,999

Alliant Techsystems Operations LLC
Aspen Healthcare Services
British High Commission
CH2M Hill
Charles F. Wald
Comcast Corporation
Corsair Capital
Dov S. Zakheim
DynCorp
Ellen O. Tauscher
Frederick Kempe and Pamela Meyer
Globis Capital Partners
Harlan K. Ullman
Jan M. Lodal
Jay Walker
John Gastright
Judith A. Miller
Litespeed Management, LLC
Michael V. Hayden
Ministry of Defence of Georgia
Ministry of Defense of Montenegro
Movalis
New Mountain Capital
Paul Twomey
Peter J. Tanous
Republic of Macedonia Ministry of Foreign Affairs
Robert Hormats
Robert M. Kimmitt
Rodel Charitable Foundation of DE
Rolls-Royce of North America
John Megrue
Semnani Family Foundation
The Asan Institute For Policy Studies
The Hand Foundation
The Japan Foundation Center for Global Partnership
Thomas Nides
Thomas J. Edelman
VT Systems
William E. Mayer
Wolfgang Friedrich Ischinger

$1,000 - $4,999

John R. Allen
David D. Aufhauser
Elizabeth F. Bagley
Sheila C. Bair
Base Per Altezza
Peter Behr
Margaret Bennett
Bertelsmann Foundation
Susan M. Blaustein
Julia Chang Bloch
Harold Brown
R. Nicholas Burns
Byron Callan
Capital Alpha Partners, LLC
James E. Cartwright
Peter Cunniffe
Cyber Conflict Studies Association
Ivo H. Daalder
Paula J. Dobriansky
Christopher J. Dodd
Stuart E. Eizenstat
Embassy of Slovakia
Embassy of the Czech Republic
eNGO Network on CCS
Formiche
Lawrence P. Fisher II
Michele Flournoy
Paul R. S. Gebhard
Georgetown University Law Center
Rita E. Hauser
Robert Hunter
Timothy Adams
George A. Joulwan
Stephen R. Kappes 
Zalmay M. Khalilzad
Henry A. Kissinger
Geraldine S. Kunstadter
Lawrence Livermore National Laboratory
Richard L. Lawson
Lotus International
Magellan Aerospace Corporation
Wendy W. Makins
Eric D.K. Melby
Franklin C. Miller
George E. Moose
Virginia Mulberger
Joseph S. Nye
Official Monetary and Financial Institutions Forum
Raul Perea-Henze
Thomas R. Pickering
Pioneer Natural Resources
Quincy Jones Productions, Inc.
Kirk A. Radke
Joseph W. Ralston
Nanako Sakai
Sandia National Laboratories
Anne-Marie Slaughter
Walter B. Slocombe
Paula Stern
John S. Tanner
Texas Water Recycling Association
The Bill, Hillary & Chelsea Clinton Foundation
UCLA
Philip Verveer
Mary Yates

Up to $999

Michael Allen
Kurt Amend
Daniel J. Arbess
Stuart Archer
Cresencio S. Arcos
Victor H. Ashe
Noris D. Balabanian
Robert M. Beecroft
J.D. Bindenagel
Martin Bollinger
Arnaud de Borchgrave†
Christopher Bott
James Bowen
David Buffaloe
Theodore Hopkins Bunzel
Edward J. Burger, Jr.
Keith Ross Butler
CD Global Strategies Group LLC
Center for Middle East Policy at Brookings
Sandra L. Charles
Frances D. Cook
James De Francia
Rob de Wijk
Mary B. DeRosa
Joseph J. Drach, Jr.
Glenn D. Dunmire
William Ebert
Pantea Fiuzi Farkhan
Francis Finelli
Lucy Reilly Fitch
Randall Fort
Andrew D. Frank
Laurie Fulton
Alice Gast
Glenn Gerstell
Carol Giacomo
Richard W. Graber
James Greene
Michael Hanna
Harry Harding, Jr.
David P. Harris
Scott Harris†
Steven Hefter
E.C. Michael Higgins
Jeffrey Hoffman
James R. Hogg
Barry B. Hughes
Brian A. Hunter
Institute for Critical Technology and Applied Science
Bobby R. Inman
Jason Jarrell
Roger Kirk
Kurt J. Klingenberger
Martin Klingst
Steven B. Klinsky
Stefan Kornelius
Tom C. Korologos
Matthew Lauer
Eric L. Lewis
Malcolm Lovell, Jr.
Clay Lowery
Gerhard Mally
Ronald Marks
Margarita Mathiopoulos
Jules Frank Mermoud
Mark Meyer
R. Garrett Mitchell
Michael Moore
Powell Moore
David Morey
Dambisa Moyo
Varoges Muradian
Terence Murphy
Eugene L. Nardelli
Sandra Navidi
Mark Nihols
William A. Nitze
Norman F. Oblon
Eileen O'Connor
Peter Pace
Sally Painter
Walter Parchomenko
Jesper Pedersen
Yannis Perlepes
Mary Ann Peters
Philip Pilevsky
William A. Plapinger
Joseph A. Presel
John Price
Pamela Quanrud
Henrik Fogh Rasmussen
Charles Ries
Christina Rocca
Zvi S. Rome
Ann E. Rondeau
Daniel A. Russell
Steven E. Schmidt
Mark Schwendler
Andrew Shapiro
Stephen Shapiro
Matthew T. Sherman
Cenk Sidar
Jeffrey M. Siegal
Pamela H. Smith
Daniel Speckhard
Solveig B. Spielmann
Walter E. Stadtler
James Steinberg
Patrick Stephenson
Eric Stewart
Francesco Stipo
Nigel J. Sutton
Frank A. Tapparo
John F. Tefft
Jay Timmons
Olesya Tkacheva
Mamuka Tsereteli
USAID Colombia
Marten H.A. van Heuven
David Van Buren
Nicolas Veron
Samuel S. Visner
Mark Vlasic
Don Wallace, Jr.
Leigh Warner
Ruth Wedgwood
James Wildman
Samuel Zega

**********

Friday, September 11, 2015

Exxon Has Spent $30+ Million on Think Tanks?

Corporations are the glue that keep most large think tanks intact, as a whole spending hundreds of millions of dollars each year for think tank studies and access to scholars.  One specific example is ExxonMobil Corporation, which has reportedly spent tens of millions of dollars on think tanks over the past few decades.  Here is more from a Herald & Tribune op-ed:
...for decades thereafter, the company [Exxon] nevertheless spent $30 million on think tanks and researchers...

According to The Huffington Post, in 2014 alone Exxon spent $1.9 million on 15 think tanks, advocacy groups, and trade associations.  Here is a list from around 2005 of the various think tanks that Exxon was funding.  Think tanks on that list include Cato Institute, Heritage Foundation, Competitive Enterprise Institute (CEI), Hoover Institution, and Hudson Institute.

Exxon's corporate website does not list the think tanks it currently funds but says that it "provides support to a variety of think tanks, trade associations and coalitions in order to promote informed dialogue and sound policy on matters pertinent to its interests."  Today, Exxon funds think tanks such as the Center for Strategic & International Studies (CSIS) and the Brookings Institution.  [Chevron is also a donor to those two think tanks.]

Other think tanks that have received Exxon money include: Resources for the Future (RFF), New America Foundation (NAF), and Center for a New American Security (CNAS).

In 2007, it was reported that Exxon had been funding the conservative think tank American Enterprise Institute (AEI).  At that time, AEI was sending letters to scientists offering them up to $10,000 to critique findings in a climate report from the United Nation's Intergovernmental Panel on Climate Change.

It is also important to remember that in 2009, Exxon head Rex Tillerson came to the Wilson Center in Washington, DC to announce for the first time that Exxon was supporting a carbon tax.

Here is more about big oil companies' funding of think tanks.

Here is a previous Think Tank Watch post on the Bipartisan Policy Center's (BPC) connection to Exxon.

Exxon has also given large amounts to colleges and universities, often considered the largest competitors to think tanks.

In related news, a recent New York Times piece entitled "Emails Reveal Academic Ties In a Food War" outlines the large sums of money that Monsato has given to academics.  That piece does not mention Monsanto's funding of think tanks, but it is public knowledge that Monsato has donated to think tanks like the Competitive Enterprise Institute (CEI) and Hudson Institute.

Wednesday, September 2, 2015

Heritage Scores $2.7 Million Gift for Family/Marriage Promotion

The conservative think tank Heritage Foundation has just received a $2.7 million gift from Ms. Betty A. Anderlink.  Here is more from Heritage:
Betty A. Anderlik of Clearwater, Fl. has made a $2.7 million gift to The Heritage Foundation, the prominent Washington, D.C., think tank announced today.
The gift is being made to support Heritage's efforts to design and promote public policies that "place marriage and the family at the center of civil society," as Heritage describes its efforts, and increase opportunity for all Americans. 
In recognition of her support, a fellowship will be established at Heritage in honor of Mrs. Anderlik and her late husband. The title of Joseph C. and Elizabeth A. Anderlik Fellow will go to the Vice President of Heritage’s Institute for Family, Opportunity and Culture. As the current Vice President of the Institute, Jennifer A. Marshall works to promote and defend a vibrant civil society with both a national and international audience. The Institute for Family, Opportunity and Culture performs both independent and integrated analysis in order to promote a stronger civil society.

David Callahan of Inside Philanthropy has just written a piece in response to the gift, entitled "Who Gives to Conservative Think Tanks?"  Mr. Callahan says that American Enterprise Institute (AEI) and Cato Institute draw lots of support from the finance community, including many New Yorkers, but Heritage is "definitely a think tank of traditional heartland conservatives."

Mr. Callahan notes that the Heritage gift is meant to honor Mrs. Anderlik's late husband Joseph Anderlink, who was a successful executive at a civil engineering firm.  [More specifically, he was a vice president of engineering at Bonestroo Rosene Anderlik and Associates.]  In 2010 Mrs. Anderlik gave the same amount ($2.7 million) to Iowa State University to create an endowed engineering professorship.

While $2.7 million is a large amount, it is small change compared to a couple of previous gifts that Heritage Foundation has recently received.  Earlier this year the think tank received an "eight-digit" gift from a retired radiologist and several members of her family.  And in 2013, Heritage Foundation received $26 million from the family of the late Kathryn and Shelby Cullom Davis.

To put these gifts into perspective, in 2013, the Heritage Foundation received contributions and grants totaling around $102 million.  In 2012, it received  around $78 million.