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8,828,403 to the Capital Research Center

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John M. Olin Foundation
Profile of Person Linda Chavez
Profile of Person Michael Novak
Profile of Person William E. Simon
American Enterprise Institute
Equal Opportunity Foundation
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Heritage Foundation
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Original MT Report Philanthropic Institutions and Networks

RECIPIENT PROFILE

www.CapitalResearch.org

EIN: 52-1289734

Capital Research Center

Washington, DC 20036

[From a report by NCRP]

The Capital Research Center is active in the larger effort to encourage both corporate and private foundations to align their philanthropic interests more closely with the market system that made their wealth possible. In its annual Patterns of Corporate Philanthropy, CRC attacks corporate foundations and programs whose giving practices it feels are at odds with business positions. It also seeks to steer donors to "good nonprofits" and targets for critical exposure those [liberal] organizations that "with tax-exempt, tax-deductible--and sometimes tax dollars--mix advocacy and 'direct action' to promote their own vision of the pubic interest." Like many of the other foundation grantees, CRC publicly states its commitment to "a vigorous and strong private sector, the cornerstones of which are the free-market economy, constitutionally-limited government, individual liberty, and a strong sense of personal responsibility.

CRC has launched Foundation Watch to critique the "liberal" funding initiatives of major philanthropies. A recent issue of the publication carried a new attack on the Campaign for Human Development for its funding of poor people's organizations and other social action groups. Other issues of the newsletter have targeted a range of foundations, including the MacArthur Foundation, the Robert Sterling Clark Foundation, and environmental grantmakers.

CRC board members and advisors include Terence Scanlon, a former appointee of the Reagan Administration and former vice president of the Heritage Foundation; Linda Chavez, also a former Reagan appointee and current (1997) president of the conservative Center for Equal Opportunity; William Simon, president of the Olin Foundation; Adam Meyerson, vice president at the Heritage Foundation; Walter E. Williams, the John M. Olin Distinguished Professor of Economics at George Mason University; Michael Novak, American Enterprise Institute senior fellow; and T. Kenneth Cribb, president of the Intercollegiate Studies Institute

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OTHER LINKS

CRC at SourceWatch.org

Bill Berkowitz
MediaTransparency.org
December 9, 2004

The Capital Research Center at 20

Defunding progressive organizations and scrutinizing the funders that sustain them drives DC-based institute

In April, Foundation Watch, one of the flagship publications of the Capital Research Center, managed to stir up a minor election-year controversy by raising questions about the philanthropy of Teresa Heinz Kerry, the wife of Democratic Party presidential candidate Senator John Kerry.

Read the full report >