Difference between revisions of "Carthage Foundation"

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|description=Part of the [[Scaife Foundations]] overseen by the late right-wing billionaire [[Richard Mellon Scaife]], whose wealth was inherited from the Mellon industrial, oil, aluminum and banking fortune.
 
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|sponsors=Property and Environment Research Center,Atlas Economic Research Foundation,Cato Institute,Jamestown Foundation,National Center for Public Policy Research
 
|powerbase=http://www.powerbase.info/index.php/Carthage_Foundation
 
|powerbase=http://www.powerbase.info/index.php/Carthage_Foundation
 
|sourcewatch=http://www.sourcewatch.org/index.php/Carthage_Foundation
 
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The '''Carthage Foundation''' was one of the [[Scaife Foundations]]  overseen by the late right-wing billionaire [[Richard Mellon Scaife]], whose wealth was inherited from the Mellon industrial, oil, aluminum and banking fortune. The foundations give tens of millions of dollars annually to fund right-wing organizations such as the [[American Legislative Exchange Council]], the [[American Enterprise Institute]], and the [[Heritage Foundation]], and anti-immigrant and Islamophobic organizations such as the [[Center for Immigration Studies]] and the [[David Horowitz Freedom Center]].
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* '''[[Sarah Scaife Foundation]]'''
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* '''[[Carthage Foundation]]'''
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* '''[[Allegheny Foundation]]'''
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At the end of 2014 the Carthage Foundation merged into the Sarah Scaife Foundation.<ref name="game changing legacy">Mike Wereschagin, "[http://triblive.com/news/allegheny/8002569-74/scaife-foundation-foundations Scaife bestows 'game-changing' legacy of giving to region, nation]," ''Pittsburgh Tribune-Review'', May 2, 2015.</ref>
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While the Allegheny Foundation focuses its giving in the western Pennsylvania region, the Sarah Scaife Foundation has a national and international focus.<ref name="game changing legacy"/> Like the latter, the Carthage Foundation's grants were "primarily directed toward public policy programs that address major domestic and international issues...[with] no geographical restrictions."<ref>Scaife Foundations, [http://www.scaife.com/carthage.html"The Carthage Foundation: Application Guidelines"], organizational website, accessed 2013</ref>
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After the death of Richard Scaife in 2014, a significant portion of his assets were given to the foundations, increasing their value substantially. Together with the Carthage merger, the bequest made the Sarah Scaife Foundation one of the largest foundations focused on supporting right-wing causes with assets expected to grow to grow to some $800 million in 2015.<ref name="bigger stage">Rich Lord, "[http://www.post-gazette.com/local/2014/10/25/Scaife-related-foundations-poised-to-take-bigger-stage/stories/201410250058 Scaife-related foundations poised to take bigger stage]," ''Pittsburgh Post-Gazette'', October 25, 2014.</ref>
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==Finances and Grants Issued==
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Below are the last three years of grants issued by the Carthage Foundation, which merged into the [[Sarah Scaife Foundation]] at the end of 2014.
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===2014===
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Carthage's total assets had a market value of $0 as of December 31, 2014, after merging into the Sarah Scaife Foundation.<ref>Carthage Foundation, "[http://www.scaife.com/carth14.pdf 2014 Annual Report]," organization tax filing, November 11, 2015.</ref>
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Grants reported (amount paid, unless otherwise noted):
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* [[Allegheny Institute for Public Policy]]: $250,000
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* [[America's Survival]]: $200,000
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* [[Atlas Economic Research Foundation]]: $50,000
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* [[Cato Institute]]: $40,000
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* [[Claremont Institute for the Study of Statesmanship and Political Philosophy]]: $100,000
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* [[Committee for a Constructive Tomorrow]]: $160,000
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* [[Counterterrorism and Security Education and Research Foundation]]: $100,000
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* [[Federation for American Immigration Reform]]: $200,000
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* [[High Frontier]]: $50,000
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* [[Institute on Religion and Democracy]]: $125,000
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* [[Jamestown Foundation]]: $100,000
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* [[Mountain States Legal Foundation]]: $25,000
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* [[National Center for Public Policy Research]]: $65,000
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* [[National Legal and Policy Center]]: $125,000
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* [[National Right to Work Legal Defense Foundation|National Right to Work Legal Defenseand Education Foundation]]: $25,000
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* [[Nonproliferation Policy Education Center]]: $50,000
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* [[Philadelphia Society]]: $10,000
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* [[Property and Environment Research Center]]: $25,000
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===2013===
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Carthage's total assets had a market value of $36,667,499 as of December 31, 2013.<ref>Carthage Foundation, "[http://www.scaife.com/cartha13.pdf 2013 Annual Report]," organization tax filing, July 9, 2013.</ref>
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Grants reported (amount paid, unless otherwise noted):
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* [[Allegheny Institute for Public Policy]]: $115,000
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* [[America's Survival]]: $200,000
 +
* [[Atlas Economic Research Foundation]]: $50,000
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* Claremont McKenna College, project support: $60,000
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* [[Federation for American Immigration Reform]]: $200,000
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* [[Free Congress Research and Education Foundation]]: $40,000
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* [[High Frontier]]: $50,000
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* [[Institute on Religion and Democracy]]: $100,000
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* [[Mountain States Legal Foundation]]: $25,000
 +
* [[National Legal and Policy Center]]: $100,000
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* [[National Right to Work Legal Defense Foundation|National Right to Work Legal Defense and Education Foundation]]: $25,000
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* [[Nonproliferation Policy Education Center]]: $50,000
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* Pepperdine University, School of Law/project support: $165,000
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* [[Philadelphia Society]]: $5,000
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* [[Property and Environment Research Center]]: $25,000
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===2012===
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Carthage's total assets had a market value of $31,215,962 as of December 31, 2012.<ref name="2012 annual report">Carthage Foundation, "[http://www.scaife.com/cartha12.pdf 2012 Annual Report]," organization tax filing, July 29, 2013.</ref>
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Grants reported (amount paid, unless otherwise noted):
 +
* [[Allegheny Institute for Public Policy]]: $115,000
 +
* [[America's Survival]]: $200,000
 +
* [[Atlas Economic Research Foundation]]: $50,000
 +
* [[Cato Institute]]: $40,000
 +
* [[Counterterrorism and Security Education and Research Foundation]]: $125,000
 +
* [[Federation for American Immigration Reform]]: $200,000
 +
* [[High Frontier]]: $100,000
 +
* [[Institute on Religion and Democracy]]: $100,000
 +
* [[Nonproliferation Policy Education Center]]: $45,000
 +
* [[Philadelphia Society]]: $5,000
 +
* [[Property and Environment Research Center]]: $25,000
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==References==
 
==References==
 
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Revision as of 02:22, 24 June 2022

Main.png Carthage Foundation   Powerbase SourcewatchRdf-entity.pngRdf-icon.png
Extinction2014
Sponsor ofProperty and Environment Research Center, Atlas Economic Research Foundation, Cato Institute, Jamestown Foundation, National Center for Public Policy Research
Part of the Scaife Foundations overseen by the late right-wing billionaire Richard Mellon Scaife, whose wealth was inherited from the Mellon industrial, oil, aluminum and banking fortune.

The Carthage Foundation was one of the Scaife Foundations overseen by the late right-wing billionaire Richard Mellon Scaife, whose wealth was inherited from the Mellon industrial, oil, aluminum and banking fortune. The foundations give tens of millions of dollars annually to fund right-wing organizations such as the American Legislative Exchange Council, the American Enterprise Institute, and the Heritage Foundation, and anti-immigrant and Islamophobic organizations such as the Center for Immigration Studies and the David Horowitz Freedom Center.

At the end of 2014 the Carthage Foundation merged into the Sarah Scaife Foundation.[1]

While the Allegheny Foundation focuses its giving in the western Pennsylvania region, the Sarah Scaife Foundation has a national and international focus.[1] Like the latter, the Carthage Foundation's grants were "primarily directed toward public policy programs that address major domestic and international issues...[with] no geographical restrictions."[2]

After the death of Richard Scaife in 2014, a significant portion of his assets were given to the foundations, increasing their value substantially. Together with the Carthage merger, the bequest made the Sarah Scaife Foundation one of the largest foundations focused on supporting right-wing causes with assets expected to grow to grow to some $800 million in 2015.[3]

Finances and Grants Issued

Below are the last three years of grants issued by the Carthage Foundation, which merged into the Sarah Scaife Foundation at the end of 2014.

2014

Carthage's total assets had a market value of $0 as of December 31, 2014, after merging into the Sarah Scaife Foundation.[4]

Grants reported (amount paid, unless otherwise noted):

2013

Carthage's total assets had a market value of $36,667,499 as of December 31, 2013.[5]

Grants reported (amount paid, unless otherwise noted):

2012

Carthage's total assets had a market value of $31,215,962 as of December 31, 2012.[6]

Grants reported (amount paid, unless otherwise noted):


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References

  1. ↑ a b Mike Wereschagin, "Scaife bestows 'game-changing' legacy of giving to region, nation," Pittsburgh Tribune-Review, May 2, 2015.
  2. ↑ Scaife Foundations, "The Carthage Foundation: Application Guidelines", organizational website, accessed 2013
  3. ↑ Rich Lord, "Scaife-related foundations poised to take bigger stage," Pittsburgh Post-Gazette, October 25, 2014.
  4. ↑ Carthage Foundation, "2014 Annual Report," organization tax filing, November 11, 2015.
  5. ↑ Carthage Foundation, "2013 Annual Report," organization tax filing, July 9, 2013.
  6. ↑ Carthage Foundation, "2012 Annual Report," organization tax filing, July 29, 2013.
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