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.

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.

For grantees in more recent years, see the Sourcewatch article Sarah Scaife Foundation.

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):

References

  1. 1.0 1.1 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.