According to the Potomac Foundation web site, the organization is a "501(c)(3) non-profit, private operating Foundation which conducts policy analysis of international security/economic issues and domestic political developments. These analyses are presented in the form of conferences, seminars and papers which are published and disseminated to the U.S. Congress, the Administration, the media, and other policy organizations."
"The Foundation was organized in August 1988 in Virginia as a non-stock corporation. It operates as a non-profit organization exclusively for charitable, educational, and scientific purposes under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. The founders are a group of business executives with professional backgrounds in international security affairs. They are the directors and officers of the Foundation and all reside in Northern Virginia."
The organization's Schedule of Events dates from January 1999 to October 2002.
Board of Directors
- Dr. Joseph Braddock (Joseph V. Braddock)
- Dr. Bernard J. Dunn
- Florian N. Hofer, Secretary/Treasurer
- Dr. Daniel F. McDonald, President
- Dr. Norman A. Bailey
- Dr. Paul Goble
- Walter Hahn
- Dr. Reiner Konrad Huber
- Phillip Karber
- Dr. Phillip Petersen
- W. Bruce Weinrod
According to Media Transparency, for the years 1996 through 2000, the Potomac Center received $285,386 in grant funds from neoconservative funders JM Foundation, the John M. Olin Foundation, the Lynde and Harry Bradley Foundation, and the Smith Richardson Foundation. Funds were distributed between the Foundation's Center for the American Founding and Foundation publications.
8618 Westwood Center Drive
Vienna, VA 22182
Phone: (703) 506-1790
Fax: (703) 506-8085
Email: info AT potomacfoundation.com
Related SourceWatch articles
- Inspection Report: Concerns Related to the Office of International Material Protection and Emergency Cooperation, Inspector General, Department of Energy, April 2003. The report "found that DOE contractor officials did not adhere to contractor procurement policies and procedures when contracting with the Potomac Foundation to provide support for the Board of Visitors...." [Note in report: "The Board of Visitors was comprised of senior figures from the political, business, legal, and investment banking communities, and provided non-binding advice and assistance to IMPEC on the Material Protection, Control and Accounting Program with the Russian Federation. It met once formally in December 2000."] It was "determined that the Potomac Foundation received full payment for two meetings of the Board of Visitors, including compensation for the entire Board of Visitors even though all Board members did not attend the meetings."