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Lovett & Ruth Peters Foundation

323 bytes removed, 22:04, 25 July 2013
→‎Funding to SPN Members: fixed internal ref
Lovett & Ruth Peters Foundation is a 501(c)(3) private foundation based in Cincinatti, Ohio.The organization is named for Lovett and Ruth Peters, with the parents of current president Daniel S. Peters as serving as President. The foundation primarily donates money to conservative think tanksL. Peters was heavily involved in the oil and gas industry, such as and also founded the [[State Policy NetworkPioneer Institute]]at age 75, and a member of [[DonorsTrustState Policy Network]], a [[Koch brothers]] backed organization to distribute funds to right-wing groups. Its other causes are geared towarda reforming public education by supporting privatization network of education through voucher schools, private schools, charter schools, and organizations with conservative think tanks across the same valuescountry. Some of these organizations include [[Alliance for School Choice]] and the Center for Education ReformD. Peters described his father's values in Lovett's Boston Globe obituary:
:"Mr. Peters was fervent in his belief in the supremacy of the free market, limited government, and the importance of education for all."<ref> Lawrence, J.M. [http://www.boston.com/bostonglobe/obituaries/articles/2010/11/19/lovett_pete_peters_founder_of_pioneer_institute_at_97/?page=2 Lovett 'Pete' Peters, founder of Pioneer Institute dies at 97], 2010 </ref> [[File:Peters-102.jpg|200px|thumb|right|Daniel S. Peter, President of Lovett & Ruth Peters Foundation and Philanthropy Roundtable board member]]The foundation primarily donates money to conservative think tanks, such as [[State Policy Network]], and [[DonorsTrust]], a [[Koch brothers]] backed organization to distribute funds to right-wing groups. Its other cause is geared towards reforming public education by supporting privatization of education through voucher schools, private schools, charter schools, and organizations with the same values, keeping with L. Peters value of a strong education. Some of these organizations include [[Alliance for School Choice]] and the Center for Education Reform.  Peters spent 17 years in executive positions at [[Procter & Gamble]], <ref name = "Philanthropy Roundtable Board of Directors"> [http://www.philanthropyroundtable.org/who_we_are/board/daniel_s_peters], Board of Directors: Daniel S. Peters, ] </ref> who was a member of [[ALEC]]'s Private Enterprise Board, until they cut ties in April 2012. <ref>Color of Change, [http://colorofchange.org/press/releases/2012/4/23/colorofchange-applauds-procter-gambles-decision-en/ ColorOfChange Applauds Procter & Gamble's Decision to End its Membership in ALEC], press release, April 23, 2012, accessed April 2012</ref> In 2011, the foundation reported $5,546,498 in total revenue, $1,838,191 in expenses, and $2,754,149 in total assets (fair market value). <ref name = "2011 Form 990"> [http://www.guidestar.org/FinDocuments/2011/208/934/2011-208934367-08b3eec6-F.pdf 2011 Form 990] </ref>
==Ties to DonorsTrust, State Policy Network, Philanthropy Roundtable==
In 2011 alone, the foundation donated just under to $800,000 to [[State Policy Network]] think tanks and its associate members, including the [[Buckeye Institute for Public Policy Solutions]], [[Commonwealth Foundation]], and the [[Mackinac Center for Public Policy]]. Many of the associate members who received funds are organizations in favor of charter schools, voucher programs, and school choice programs, such as [[Alliance for School Choice]] and the Center for Education Reform. <ref name = "2011 Form 990">, [http://www.guidestar.org/FinDocuments/2011/208/934/2011-208934367-08b3eec6-F.pdf2011 Form 990], 2011 organizational tax filing, 2011 </ref>
Peters is also a board member of [[Philanthropy Roundtable]], an organization established by the [[Bradley Foundation]] to facilitate donations to conservative think tanks and organizations. Peters also chaired the Roundtable from 2002 to 2008. <ref name = "Philanthropy Roundtable Board of Directors"> [http://www.philanthropyroundtable.org/who_we_are/board/daniel_s_peters], Board of Directors: Daniel S. Peters, ] </ref> The foundation also donated $60,000 to [[Philanthropy Roundtable]] from 2009-2011. <ref name = "2011 Form 990">, [http://www.guidestar.org/FinDocuments/2011/208/934/2011-208934367-08b3eec6-F.pdf2011 Form 990]</ref> Peters expressed how his foundation has benefitted from its association with [[Philanthropy Roundtable]]:  :"Let me turn briefly to The Philanthropy Roundtable—where I serve as a board member. I love the Roundtable because of the opportunity to network and learn from fellow entrepreneurs and philanthropists. I also appreciate the Roundtable’s K–12 education programs (our area of focus at the Peters Foundation). Let me just say that, if you can find a better program for philanthropists focused on reforming K–12 education, please let me know." <ref> Peters, Daniel S. [http://philanthrofiles.org/2012/04/04/asf-and-the-philanthropy-roundtable-why-i-belong-to-both/#more-924 ASF and the Philanthropy Roundtable: Why I Belong to Both] 2010 </ref> Between 2009 and 2011 organizational tax filing, 2011 Lovett & Ruth Peters Foundation has donated $375,000 to [[DonorsTrust]], where donors can separate a large sum of funds to separate accounts to distribute to various right-wing causes. However, this process makes it extremely difficult to locate the true donor, and make it easy for wealthy individuals and corporations to hide their distributions when "funding sensitive or controversial issues." <ref> DonorsTrust, [http://www.donorstrust.org/AboutUs/FAQs.aspx Donors Trust FAQ], accessed December 2012.</ref>
Between 2009 and 2011, Lovett & Ruth Peters Foundation has donated $375,000 to [[DonorsTrust]], where donors can separate a large sum of funds to separate accounts to distribute to various right-wing causes. However, this process makes it extremely difficult to locate the true donor, and make it easy for wealthy individuals and corporations to hide their distributions when "funding sensitive or controversial issues." <ref>DonorsTrust, [http://www.donorstrust.org/AboutUs/FAQs.aspx FAQ], organizational website, accessed December 2012.</ref>
==Groups Funded==
===Funding to SPN Members===
===2011===Of the $1,524,500 4.2 million given in contributions from the Lovett & Ruth Peters Foundation, just under over $820,000 2.25 million were made given to member organizations and associate members in involved with the [[State Policy Network]]. Other These contributions include but are not limited from 2009 to: <ref name = "2011 Form 990>, [httpinclude://www.guidestar.org/FinDocuments/2011/208/934/2011-208934367-08b3eec6-F.pdf], 2011 organizational tax filing, 2011 </ref>
*[[Alliance for School Choice]] received $50100,000.*[[American Enterprise Institute]] received $2580,000.*Aspire Public Schools [[Americans for Tax Reform]] received $3050,000.*[[Atlas Economic Research Foundation]] received $3555,000.*[[Buckeye Institute for Public Policy Solutions]], received $52202,000500.*[[Cato Institute]] received $5,000.*Center for Civil Society received $10,000.*[[Center for Education Reform ]] received $20,000.*Charles River Center received $2575,000.*[[Commonwealth FoundationDonorsTrust]] received $25400,000.*[[DonorsTrustFriedman Foundation for Educational Choice | Foundation for Educational Choice]] received $15055,000.*[[Foundation for Economic Education]] received $25,000.*[[Friedman Heritage Foundation for Educational Choice]] received $2575,000.*Hillsdale College Institute for Humane Societies at [[George Mason University]] received $2530,000.*Hispanic CREO received $50,000.*Innosight [[James Madison Institute ]] received $10510,000.*Innovative Learning Stratagems received $25,000.*Institute for Human Studies at [[George Mason UniversityLandmark Legal Foundation]] received $1050,000.*[[Mackinac Center for Public Policy]] received $25100,000.*[[Manhattan Institute for Policy Research]] received $1020,000.
*[[National Center for Policy Analysis]] received $50,000.
*New Common School [[National Right to Work Legal Defense Foundation ]] received $50,000.*North American Council for Online Learning received $100,000*Ohio Association of Public Charter Schools received $1080,000.*[[Pacific Research Institute]] received $120310,000.*[[Philanthropy Roundtable]] received $2575,000.*[[Pioneer Institute]] received $202402,500.*Prometheus Institute received $25,000.*[[Reason Foundation]] received $25,000.*School Choice Ohio received $5075,000.*[[State Policy Network]] received $10145,000.*Success Charter Network Students for Liberty received $1005,000.
*[[Thomas B. Fordham Foundation]] received $5,000.
===2010Other Contributions===Of the $1,070,000 in contributions made, $660,000 were made to organizations affiliated with [[State Policy Network]]. Other contributions from 2009-2011 include but are not limited to: <ref name = "2010 Form 990"> [http://www.guidestar.org/FinDocuments/2010/208/934/2010-208934367-07651dff-F.pdf], 2010 organizational tax filing, 2010 </ref>
*Agudath Israel received a total $100270,000.*[[American Enterprise Institute]] Aspire Public Schools received a total of $4030,000.*[[Atlas Economic Research Foundation]] Aquinas Education Trust received a total of $2075,000. *Brighter Bright Choice Foundation received a total $25,000.*[[Buckeye Institute for Public Policy Solutions]] received $100,000.*[[Cato Institute]] received $5,000.*Center for Education Reform received $2575,000.*Center for Excellence in Higher Education Civil Society received a total of $10,000.*Charles River Center received a total of $2025,000.*Children's Scholarship Fund of Greater Cincinatti received $30,000.*[[Commonwealth Foundation]] received a total of $25,000.*Education Reform Now received a total of $10070,000.*[[Foundation for Educational Choice]] the Carolinas received a total of $5510,00000.*[[Heritage Foundation]] Hillsdale College received a total of $25129,000.*Innosight Institute Hispanic CREO received a total of $1550,000.*Innosight Institute for Humane Studies at [[George Mason University]] received a total of $10120,000.*[[Mackinac Center for Public Policy]] Innovative Learning Strategies received a total of $2550,000.*[[Manhattan Institute for Policy Research]] Milton & Rose Friedman Foundation received a total of $1050,000.*[[National Right to Work Legal Defense New Common School Foundation]] received a total of $4050,000.*North American Council for Online Learning received a total of $40140,000. *Ohio Association of Public Charter Schools received a total of $25,000.*[[Pacific Research Institute]] received $12035,000.*Parents for Educational Freedom in NC received a total of $20,000.*[[Pioneer Institute]] School Choice Ohio received a total of $100,000.*Promethius Institute received $25,000.*[[Reason Foundation]] received $25,000.*[[State Policy Success Charter Network]] received a total of $35200,000.
===2009Forms 990===Of the $1, 624,000 made in contributions, $775,000 was made to members of the [[State Policy Network]], with [[Donors Trust]] receiving the largest grant at $225,000. Other contributions include: <ref name = "2009 Form 990"> [http://www.guidestar.org/FinDocuments/2009/208/934/2009-208934367-06801598-F.pdf], 2009 organizational IRS filing, 2009 </ref>
*Agudath Israel received $170,000.*[[Alliance for School Choice]] received $50,000.*[[American Enterprise Institute]] received $15Lovett & Ruth Peters Foundation,000. *[[Americans for Tax Reform]] received $50,000http://www. *Aquinas Education Trust received $75,000guidestar.*Brighter Choice Foundation received $50,000org/FinDocuments/2011/208/934/2011-208934367-08b3eec6-F.*[[Buckeye Institute for Public Policy Solutionspdf 2011 Form 990]] received $50,000.*Center for Education Reform received $25,000.*Childrenfoundation's Scholarship Fund of Greater Cincinatti received $25IRS filing,000.*[[DonorsTrust]] received $225,000.*Education Reform Now received $70,0002012.*Lovett & Ruth Peters Foundation for the Carolinas received $10,000.*[[Heritage Foundation]] received $25,000http://www.*Hillsdale College received $104,000guidestar.*Innovative Learning Systems $25,000org/FinDocuments/2010/208/934/2010-208934367-07651dff-F.*[[James Madison Institute]pdf 2010 Form 990] received $10,000.*Landmark Legal Foundation received $50,000.*[[Mackinac Center for Public Policy]] received $50foundation's IRS filing,0002011.*Milton Lovett & Rose Friedman Ruth Peters Foundation received $50,000.*[[National Right to Work Legal Defense Foundation]] received $40,000http://www. *Ohio Association of Public Charter Schools received $10,000guidestar.*[[Pacific Research Institute]] received $70,000org/FinDocuments/2009/208/934/2009-208934367-06801598-F.*[[Philanthropy Roundtablepdf 2009 Form 990]] received $50,000.*[[Pioneer Institute]] received $100,000.*[[Prometheus Institute]] received $25,000.*[[Reason Foundation]] received $25,000.*School Choice Ohio received $50,000.*[[State Policy Network]] received $10,000. *Students for Liberty received $5,000.*Success Charter Network received $100foundation's IRS filing,0002010.
==Key Personnel==
According to the 2011 IRS filing, their staff members include:<ref name = "2011 Form 990">, [http://www.guidestar.org/FinDocuments/2011/208/934/2011-208934367-08b3eec6-F.pdf2011 Form 990], 2011 organizational tax filing, 2011 </ref>
*Daniel S. Peters, President
1500 Chiquita Center, 250 E. 5th St <br>
Cincinatti, OH 45202 <br>
(513) 562-1550 <ref name = "2011 Form 990">, [http://www.guidestar.org/FinDocuments/2011/208/934/2011-208934367-08b3eec6-F.pdf2011 Form 990], 2011 organizational tax filing, 2011 </ref>
==Articles and References==
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