Lowndes Foundation
The Lowndes Foundation is a 501(c)(3) exempt private foundation located in Boston, MA.
In 2012, the foundation reported $868,273 in revenue, $889,010 in expenses, and $14,263,026 in assets (fair market value). [1]
Contents
Connections to State Policy Network
From 2009 to 2011, the Lowndes Foundation has donated just over 70 percent of all grants to members of the State Policy Network, a network of conservative think tanks and right-wing groups that works to promote conservative ideology and public policy on the state and national level. Of the $1,940,507 donated by the Lowndes Foundation, $1,372,124 has gone to SPN Members. These organizations include: [1]
- Competitive Enterprise Institute received $15,000.
- Mercatus Center received $40,000.
- Fund for American Studies received $5,000.
- George Mason University received $125,018.
- State Policy Network received $55,000.
- Intercollegiate Studies Institute received $20,000.
- Atlas Economic Research Foundation received $150,000.
- FreedomWorks received $10,000.
- Institute for Justice received $45,000.
- Leadership Institute received $5,000.
- Heritage Foundation received $42,000.
- Foundation for Economic Education received $135,000.
- Cato Institute received $210,000.
- Students for Liberty received $35,000.
- American Enterprise Institute received $30,000.
- South Carolina Policy Council received $440,106.
- 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!" [2]
The SC Policy Council was founded by Thomas 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: [3]
- "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."
Key Personnel
Board of Trustes
The board of trustees, as of 2012, includes:[1]
- William Lowndes III, president/treasurer
- Henrietta M. Lowndes, secretary/trustee
Contact
Lowndes Foundation
c/o Atlantic Trust Company
100 Federal St, 37th Floor
Boston, MA 02110
(864) 583-3635
References
- ↑ Jump up to: 1.0 1.1 1.2 2012 Form 990, organizational IRS tax filing, May 22, 2013.
- ↑ SC Policy Council: About the Board of Directors
- ↑ SC Policy Council Declaration
Forms 990
- Lowndes Foundation, 2012 Form 990, organizational IRS tax filing, May 22, 2013.
- Lowndes Foundation, 2011 Form 990, organizational IRS tax filing, May 18, 2012.
- Lowndes Foundation, 2010 Form 990, organizational IRS tax filing, April 25, 2011.
