American Council for Capital Formation

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American Council for Capital Formation (ACCF) is a think tank that prides itself on "economic growth through sound tax, regulatory, and environmental policies." ACCF is a very influential in Washington D.C. with ACCF's President Mark Bloomfield as being, "one of the most influential figures operating behind the scenes in the Congress," Robert Novak, 1997.

ACCF has a conservative perspective of economic policy and favors policies that favor big business. ACCF's Officers and Board of Directors included former high-ranking politicians (predominantly Republican) in the U.S. government along with representatives of industry associations, including individuals from the American Petroleum Institute, Principal Financial Group, American Chemistry Council, American Farm Bureau Federation, American Business Conference, American Forest & Paper Association, Edison Electric Institute, the National Rural Electric Cooperative Association and other pro-industry trade associations and corporations. Individuals from the American Enterprise Institute, and the Hoover Institution are members of ACCF's Board of Scholars.

Koch Wiki

The Koch brothers -- David and Charles -- are the right-wing billionaire co-owners of Koch Industries. As two of the richest people in the world, they are key funders of the right-wing infrastructure, including the American Legislative Exchange Council (ALEC) and the State Policy Network (SPN). In SourceWatch, key articles on the Kochs include: Koch Brothers, Koch Industries, Americans for Prosperity, American Encore, and Freedom Partners.

ACCF received $365,000 in funding from the Claude R. Lambe Charitable Foundation between 2005 and 2011.[1]The Claude R. Lambe Charitable Foundation is a subsidiary of the Koch Family Foundations and is controlled by Charles Koch.[2]

Financial Profile

  • 2013 Revenues = $1,051,465
    • Associations = 21%
    • Corporations =79%
    • Individuals = 0%
  • 2013 Expenses = $1,009,280
    • Special Research Projects = 44%
    • Membership Relations = 10%
    • Administration = 7%
    • Fundraising = 6%
    • Government Relations = 20%
    • Economic Education = 9%
    • Publications = 4%[3]

Personnel

As of June 2014:[4] Advisors

  • Mark A. Bloomfield - President and Chief Executive Office, American Council for Capital Formation
  • Margo Thorning, Ph.D. - Senior Vice President and Chief Economist
  • Tracy Ellis - Secretary
  • John R. Maguire - Treasurer

Board of Directors

As of June 2014:[5]

  • Mark A. Bloomfield - President and Chief Executive Office, American Council for Capital Formation
  • Dr. Gary C. Hufbauer - Reginald Jones Senior Fellow, Peterson Institute for International Economics
  • M. Christine Jacobs - Chief Executive Officer and President, Theragenics Corporation
  • Richard W. Rahn - Chairman, Institute for Global Economic Growth
  • Steven A. Wechsler - President and Chief Executie Officer, National Association of Real Estate Investment Trusts

Board of Advisors

As of June 2014:[6]

  • Bill Archer - Former Chairman, House Committee on Ways and Means
  • Andrew Card - Former Chief of Staff to President George W. Bush
  • Kenneth M. Duberstein - Former Chief of Staff to President Reagan
  • John Engler - Former Governor, State of Michigan
  • Glenn English - Chief Executive Officer, National Rural Electric Cooperative Association
  • William H. Gray, III - Former Chairman, House Committee on Budget
  • Donna A. Harman - President and Chief Executive Officer, American Forest & Paper Association
  • James R. Jones - Former Chief of Staff to President Lyndon Johnson
  • Jim Kolbe - Former Member of Congress
  • Thomas R. Kuhn - President, Edison Electric Institute
  • Donald L. Lucas - Venture Capitalist
  • Frederic V. Malek - Founder and Chairman, Thayer Capital Partners, L.P.
  • Jim McCrey - Former Member of Congress
  • Dave McCurdy - President and Chief Executive Officer, American Gas Association
  • Don Nickles - Former Chairman, Senate Committee on the Budget
  • Michael G. Oxley - Former Chairman, House Committee on Financial Services
  • Gerald L. Parsky - Chairman, Aurora Capital Group
  • {George P. Shultz]] - Former Secretary of State
  • Charles W. Stenholm - Former Member of Congress
  • Robert S. Strauss - Former U.S. Trade Representative
  • Mark A. Weinberger - Former Assistant Secretary (Tax Policy), U.S. Department of Treasury
  • John C. Whitehead - Former Deputy Secretary of State

Staff

As of June 2014:[7]

  • Mark A. Bloomfield - President and Chief Executive Office
  • Dr. Margo Thorning - Senior Vice President and Chief Economist
  • Dr. Pinar Cebi Wilber - Research economist
  • Mike Burita - Communications Director
  • John Maguire - Vice President of Strategic Planning
  • Tracy Ellis - Vice President of Membership

Contact details

1750 K Street, N.W.
Suite 400
Washington, D.C. 20006
Phone: (202) 293-5811
Fax: (202) 785-8165
Web: http://www.accf.org

External links

Resources and articles

Related Sourcewatch

References

  1. Greenpeace, [1] accessed June 10, 2014
  2. [2] CounterPunch, Pam Martens, October 19, 2010, accessed June 10, 2014.
  3. guidestar.org, [3], accessed June 24, 2014
  4. ACCF.org, [4], "about us", accessed June 24, 2014
  5. ACCF.org, [5], "about us", accessed June 24, 2014
  6. ACCF.org, [6], "about us", accessed June 24, 2014
  7. accf.org, [7], "about us", accessed June 24, 2014