The JM Foundation was created by Jeremiah Milbank, co-founder of the Borden Milk Company, in 1924. Originally its mission was to help integrate people with disabilities from WWI into American life at a time where they were quite stigmatizing. He proponent of limited government and the "independent liberty" of Social Darwinist thought popular around universities like Yale during his age. "To realize his vision, The JM Foundation Directors support activities that foster self-sufficiency, personal responsibility, and private initiative."[1]
Milbank helped Herbert Hoover found the Boys & Girls Clubs of America, and served as their treasurer for 25 years.
According to its website, the Foundation’s current philanthropic goals "are to encourage market-oriented public policy solutions and to enhance America’s unique system of free enterprise, entrepreneurship, private property ownership, and voluntarism."[1]
JM Foundation is a major right-wing funder. It's current executive director Carl Helstrom works as Vice President for programs at another major right-wing funder: the Lynde and Harry Bradley Foundation.[2]
Grants Distributed
2010
According to the Foundation's website [1], grants for 2010 included:
- American Enterprise Institute for Public Policy Research: $40,000
- American Spectator Foundation: $25,000
- America's Future Foundation: $20,000 "To expand state chapters"
- Atlas Economic Research Foundation: $30,000
- Boys & Girls Clubs of America $150,000 Toward The Executive Leadership Development Initiative
- Boys & Girls Clubs of Central Virginia $5,000 For youth services
- Boys & Girls Clubs of the Lowcountry $25,000 To support the Jasper County Boys & Girls Clubs
- Buckeye Institute for Public Policy Solutions $25,000 To increase economic freedom and entrepreneurship
- Common Sense Institute of New Jersey $30,000 For research on educational choice and government transparency
- [[Donors Trust $60,000]] To promote patient-centered health care and assist emerging young journalists
Gilder Lehrman Institute of American History]] $30,000 To support high school programs
- The Heritage Foundation $25,000 For coalition building
- Herbert Hoover Presidential Library $2,500 To support the Uncommon Awards Program]]
Hoover Institution on War, Revolution, and Peace]] $40,000 For the Task Force On Property Rights, Freedom, and Prosperity
- Illinois Policy Institute $30,000 Toward economic reform
- Institute for Humane Studies $30,000 For internships at state think tanks
- Institute for Responsible Citizenship $25,000 To support summer programs for college students
- Intercollegiate Studies Institute $25,000 For the Lehrman American Studies Center
- LCU Foundation $5,000 Toward an educational video
- Manhattan Institute $50,000 To launch the Centerfor Start and Local Leadership
- Mississippi Center for Public Policy $30,000 To reduce the size and scope of state government
- National Taxpayers Union Foundation $25,000 For entitlement reform
- Philanthropy Roundtable $25,000 To support the Alliance for Charitable Reform
- South Carolina Policy Council $25,000 Toward a statewide marketing campaign
- State Policy Network $75,000 To strengthen state think tanks
- Vincent Memorial Hospital $10,000 For research fellowships
- Young America's Foundation $25,000 For the Reagan 100 Initiative
Personnel
As of June 2019:[3]
Staff
- Carl Helstrom, Executive Director and Assistant Treasurer
- Chris Olander, Executive Director Emeritus and Assistant Secretary
Former Staff
- Carmel Mazzola, Administrative Assistant
- Vicki Puluso, Administrative Assistant
- Jack Brauntuch, Special Counselor
Directors
- Jeremiah Milbank III, President
- Jeremiah M. Bogert, Vice President
- Peter C. Morse, Secretary and Treasurer
Former Directors
- Jeremiah Milbank, Jr., President Emeritus
- Wm. Lee Hanley, Jr., Treasurer
- Mary Caslin Ross
Contact Details
JM Foundation
The JM Foundation
116 Village Boulevard – Suite 200
Princeton, NJ 08540
Website: http://fdnweb.org/jm/
Phone: 609-951-2283
- ↑ 1.0 1.1 JM Foundation, About the JM Foundation, JM Foundation, June 2019.
- ↑ LinkedIn, Carl Helstrom Profile, LinkedIn, June 2019.
- ↑ JM Foundation, Directors and Officers, JM Foundation, June 2019.