Smith Richardson Foundation

From SourceWatch

The Smith Richardson Foundation is financed by the Vicks Vaporub fortune. The Foundation reported assets of $494 million in 2001 and gave away $23 million.

The Foundation became active in supporting conservative causes in 1973 when R. Richardson Randolph became its president. Forbes estimates the Richardsons to have a net worth of $870 million, which makes it one of the U.S.'s richest families.[1]

1 Grantees
2 Officers
3 Trustees
4 Governors
5 Contact Information

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Grantees

The Foundation gave approximately $99,686,911 to a total of 266 grantees. Conservative and centrist think tanks that received substantial sums were:

Center for Strategic and International Studies, $3,135,061
American Enterprise Institute, $2,942,532
Paul H. Nitze School of Advanced International Studies (SAIS) at John Hopkins; $2,680,334
Brookings Institute, $2,629,870
RAND Corporation, $1,854,061
Hudson Institute, $1,595,510
National Institute for Public Policy, $1,534,334
Urban Institute, $1,492,624
Freedom House, Inc., $1,109,500
Council on Foreign Relations, $883,023

The Foundation funded the early 'supply-side' books of Jude Wanniski and George Gilder. It is also listed in the acknowledgements for Dennis King's study of the LaRouche movement, Lyndon LaRouche and the New American Fascism (1989).

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