| Date: | Monday May 19, @04:20AM |
|---|---|
| Author: | ewing2001 |
| Topic: | Corporate Crime |
| from the dept. | |
Scaife Foundations
Financed by the Mellon industrial, oil and banking fortune. At one time its largest single holding was stock in the Gulf Oil Corporation. Became active in funding conservative causes in 1973, when Richard Mellon Scaife became chairman of the foundation.
In the 1960s, Richard had inherited an estimated $200 million from his mother, Sarah. Forbes magazine has estimated his personal net worth at $800 million, making him the 38th richest person in the U.S. He controls the Scaife, Carthage and Allegheny foundations. In 1993, Scaife and Carthage reportedly gave more than $17.6 million to 150 conservative think tanks. As of December 31, 1992, Scaife assets were $212,232,888 and Carthage assets were $11,937,862.
Sarah Mellon Scaife Foundation -- This foundation is financed by the Mellon industrial, oil and banking fortune. At one time, its largest single holding was stock in Gulf Oil Corporation. It was estimated some years ago to be a $200 million foundation. It became active in supporting conservative causes in 1973, when Richard Mellon Scaife became chairman. Since then, Scaife has been a leading financier of New Right causes. He controls not one -- but three (the Scaife, Carthage, and Allegheny) -- conservative family foundations. The Sarah Scaife Foundation is considered to be one of the top four conservative foundations.
According to a recent article, "In 1993, the Carthage and Sarah Scaife Foundations...gave more than $17.6 million to 150 conservative think tanks."
Scaife inherited an estimated $200 million from his mother, Sarah Mellon Scaife, in the 1960s. A recent issue of Forbes estimated his personal net worth at $800 million, ranking him as the 138th richest man in the United States. According to an article in the June/July 1981 issue of Columbia Journalism Review, Scaife travels in his personal DC-9 jet between his homes in Pittsburgh, Pa. and Pebble Beach, Ca.
(*thx to Freedomfiles.org)
Total Granted: 600,000 Total Grants: 8 Date Amount Comment Recipient Provider 12/20/00 150,000 To support general operations of the Project for the New American Century New Citizenship Project, Inc. Bradley Foundation
1/1/99 150,000 To support general operations of the Project for the New American Century New Citizenship Project, Inc. Bradley Foundation
1/1/99 50,000 Project for the New American Century New Citizenship Project, Inc. Olin Foundation
11/11/98 50,000 To support the Project for the New American Century New Citizenship Project, Inc. Bradley Foundation
9/22/98 100,000 To support the Project for the New American Century New Citizenship Project, Inc. Bradley Foundation
12/10/97 25,000 To support the Project for the New American Century New Citizenship Project, Inc. Bradley Foundation
8/11/97 25,000 To support the Project for the New American Century New Citizenship Project, Inc. Bradley Foundation
1/1/97 50,000 PROJECT FOR THE NEW AMERICAN CENTURY New Citizenship Project, Inc. Sarah Scaife Foundation
The group of think tanks involved in the neo-con network are afaik :
- Sarah Scaife Foundation
- Scaife Family Foundation
- Allegheny Foundation
- Smith Richardson Foundation - Earhart Foundation
- Bradley Foundation
- Olin Foundation
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printed from The ThinkTank Foundations on 2004-06-03 07:06:28