497
edits
Changes
Jump to navigation
Jump to search
m
===South Carolina Policy Council===
William Lowndes III, a director for the foundation, also serves on the board of directors for South Carolina's think tank member of [[State Policy Network]], [[South Carolina Policy Council]], which received the largest grant, at $440,106, from the '''Lowndes Foundation'''. The think tank describes it self as a nonpartisan organization, and says of its board of directors, "they do not want or need anything from the government!" <ref name = "Board of Directors"> [http://www.scpolicycouncil.org/about/board SC Policy Council: About the Board of Directors] </ref>
The SC Policy Council was founded by [[Thomas A. Roe]], who also founded the [[State Policy Network]]. The think tank focuses on making South Carolina "the freest state," by promoting free-market rhetoric and opposing "power-hungry legislators." Less regulations, lower taxes, expanding gun rights, and more are additional research and public policy projects for the think tank. A declaration from the website states their purpose: <ref name = "Declaration"> [http://www.scpolicycouncil.org/patriots-club-declaration SC Policy Council Declaration] </ref>
:"We, the undersigned members of the Patriots Club of the South Carolina Policy Council, openly declare our commitment to making South Carolina the freest state in America. We publicly take responsibility for monitoring government, and for informing and engaging others in our communities to become equally vigilant. We will not compromise our right to govern ourselves, to prosper through our own efforts and to be free from the heavy hand of the federal government."
The '''Lowndes Foundation''' is a 501(c)(3) exempt private foundation located in Boston, MA. The executive director, William Lowndes III, serves on the board for [[State Policy Network]] think tank, [[South Carolina Policy Council]], and is the Chairman and CEO of Tindall Corporation, based in Spartansburg, South Carolina. Although the foundation did use to give grants to local and community organizations like schools, churches, food shelters, etc., now, the foundation almost exclusively gives funds to members of the right-wing [[State Policy Network]]. Of the $1,940,507 donated by the '''Lowndes Foundation''' from 2010 to 2012, $1,372,124 has gone to [[SPN Members]].
[[File:lowndes.jpg|200px|thumb|right|William Lowndes III, founder of the Lowndes Foundation, with his son, William Lowndes IV]] While both founders are from South Carolina, their 990 forms indicate the foundation's mailing address is in care of the Atlantic Trust Company, located in Boston, Massachusetts. The Atlantic Trust Company is a private wealth management firm with offices around the country, but with no offices located in South Carolina. The nearest office is located in Wilmington, North Carolina. The firm and the foundation also do not share any staff members. <ref name = "Atlantic Trust Private Management"> [http://www.atlantictrust.com/portal/site/at/our-offices/ Atlantic Trust: Our Offices] </ref>However, both William Lowndes III, executive director of the foundation, and John Maloney, Vice President of the Boston office of Atlantic Trust Company, are on the board of directors at the [[South Carolina Policy Council]], which the '''Lowndes Foundation''' is a strong supporter of. <ref name = "Board of Directors"> [http://www.scpolicycouncil.org/about/board SC Policy Council: About the Board of Directors] </ref> Maloney serves as the Chairman, while Lowndes III serves as a director.
In 2012, the foundation reported $868,273 in revenue, $889,010 in expenses, and $14,263,026 in assets (fair market value). <ref name = "2012 Form 990"> [http://www.guidestar.org/FinDocuments/2012/571/027/2012-571027898-0948feb9-F.pdf 2012 Form 990], organizational IRS tax filing, May 22, 2013. </ref>
*Americans for Limited Government received $10,000.
*Advocates for Self-Government received $10,000.
===South Carolina Policy Council===
William Lowndes III, a director for the foundation, also serves on the board of directors for South Carolina's think tank member of [[State Policy Network]], [[South Carolina Policy Council]], which received the largest grant, at $440,106, from the '''Lowndes Foundation'''. The think tank describes it self as a nonpartisan organization, and says of its board of directors, "they do not want or need anything from the government!" <ref name = "Board of Directors"> [http://www.scpolicycouncil.org/about/board SC Policy Council: About the Board of Directors] </ref>
The SC Policy Council was founded by [[Thomas A. Roe]], who also founded the [[State Policy Network]]. The think tank focuses on making South Carolina "the freest state," by promoting free-market rhetoric and opposing "power-hungry legislators." Less regulations, lower taxes, expanding gun rights, and more are additional research and public policy projects for the think tank. A declaration from the website states their purpose: <ref name = "Declaration"> [http://www.scpolicycouncil.org/patriots-club-declaration SC Policy Council Declaration] </ref>
:"We, the undersigned members of the Patriots Club of the South Carolina Policy Council, openly declare our commitment to making South Carolina the freest state in America. We publicly take responsibility for monitoring government, and for informing and engaging others in our communities to become equally vigilant. We will not compromise our right to govern ourselves, to prosper through our own efforts and to be free from the heavy hand of the federal government."
==Other Contributions==
According to research conducted by the ''Bridge Project,'' the '''Lowndes Foundation''' has not given a grant to a community, health, or children's organization since 2004. These donations included funds to preparatory schools, churches, the Ark Youth Shelter, public libraries, the Salvation Army, medical clinics, mostly located in Spartansburg, South Carolina, or other South Carolina cities. During these years, the foundation had also contributed to political think tanks like the [[Cato Institute]] and others, but not at the levels after 2004. <ref name = "Bridge Project"> [http://bridgeproject.com/?organization&id=289397 Lowndes Foundation Recipients] </ref>
==Key Personnel==
===Board of TrustesTrustees===
The board of trustees, as of 2012, includes:<ref name = "2012 Form 990"> [http://www.guidestar.org/FinDocuments/2012/571/027/2012-571027898-0948feb9-F.pdf 2012 Form 990], organizational IRS tax filing, May 22, 2013. </ref>
*William Lowndes III, president/treasurer
100 Federal St, 37th Floor <br>
Boston, MA 02110 <br>
(864) 583-3635<ref name = "2012 Form 990"> [http://www.guidestar.org/FinDocuments/2012/571/027/2012-571027898-0948feb9-F.pdf 2012 Form 990], organizational IRS tax filing, May 22, 2013. </ref>
==References==
