Sarah Scaife Foundation

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The Sarah Scaife Foundation is 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.

While the Allegheny Foundation focuses its giving in the western Pennsylvania region, the Sarah Scaife Foundation has a national and international focus. The Sarah Scaife and Carthage Foundations merged aat the end of 2014.[1]

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.[2]

Finances and Grants Issued

2014

The Sarah Scaife Foundations's total assets had a market value of $341,127,732 as of December 31, 2014.[3]

Grants reported (amount paid, unless otherwise noted):

2013

The Sarah Scaife Foundations's total assets had a market value of $320,805,498 as of December 31, 2013.[4]

Grants reported (amount paid, unless otherwise noted):

2012

The Sarah Scaife Foundations's total assets had a market value of $272,637,355 as of December 31, 2012.[5]

Grants reported (amount paid, unless otherwise noted):

History

According to Jane Mayer, "[Richard] Scaife's parents created the largest of the family's tax-exempt, charitable foundations, the Sarah Scaife Foundation, in December 1941, days after the Japanese attack on Pearl Harbor. It appears to have been timed to shelter the family's wealth from anticipated tax increases."[6]

Scaife Became Chair, Commenced Right-Wing Funding

During the 1960s, Richard Mellon Scaife inherited an estimated $200 million from his mother, Sarah.[citation needed] The Foundation commenced funding "New Right" causes in 1973 when Richard became the foundation's chairman. His net personal worth was estimated at $800 million by Forbes magazine, which made Richard the 38th richest person in the United States.

Major Grants from 1985-2001

Between 1985 and 2001, the Sarah Scaife Foundation donated $15,860,000 to the Heritage Foundation; $7,333,000 to the Institute for Policy Analysis; $6,995,500 to the Hoover Institution on War, Revolution and Peace; $6,693,000 to the Center for Strategic and International Studies (CSIS); $4,411,000 to the American Enterprise Institute; $2,575,000 to the Manhattan Institute for Policy Research; $1,855,000 to the George C. Marshall Institute; $1,808,000 to the Hudson Institute; and $1,697,000 to the Cato Institute.[7]

Personnel

As of 2014 annual report:[3]

  • Richard M. Scaife, Chair (through July 4, 2014)
  • Michael A. Gleba, President and Treasurer. Elected chair September 18, 2014.
  • Yvonne Marie Bly, Secretary and Assistant Treasurer

Contact

Sarah Scaife Foundation
One Oxford Centre
301 Grant Street, Suite 3900
Pittsburgh, PA 15219-6402
Phone: (412) 392-2900
Website: www.scaife.com

References

  1. Mike Wereschagin, "Scaife bestows 'game-changing' legacy of giving to region, nation," Pittsburgh Tribune-Review, May 2, 2015.
  2. Rich Lord, "Scaife-related foundations poised to take bigger stage," Pittsburgh Post-Gazette, October 25, 2014.
  3. 3.0 3.1 Sarah Scaife Foundation, "2014 Annual Report," organization tax filing, November 11, 2015.
  4. Sarah Scaife Foundation, "2013 Annual Report," organization tax filing, July 16, 2014.
  5. Sarah Scaife Foundation, "2012 Annual Report," organization tax filing, July 25, 2013.
  6. Jane Mayer, Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right, Penguin Random House, 2016.
  7. Media Transparency, "Sarah Scaife Foundation grant recipients (1985-2005)," database accessed October 21, 2011.