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Achelis and Bodman Foundations

65 bytes added, 02:12, 22 January 2004
added link to LaRouche article
"In the years that followed, Miss Achelis devoted herself to philanthropy and wrote her autobiography, Be Not Silent (Pageant Press: New York, 1961) ... The Foundation seeks to follow Miss Achelis' intent by ensuring that grants be used for 'charitable, benevolent, educational and religious uses and purposes.' The terms of the Charter enable the use of both income and principal for the grants program. The Achelis Foundation funds primarily in New York City."
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== The Bodman Foundation ==
"The Foundation functions as a charitable corporation organized under the laws of the State of New Jersey, designed to further the work of nonprofit agencies and institutions. An initial endowment was established by the Bodmans, with the bulk of principal assets of Mr. Bodman's estate added upon his death. Remaining funds were received from residual trusts created by Mrs. Bodman under the terms of her will, following the death of certain income beneficiaries ... In keeping with the donors' intent, the Foundation distributes funds in the religious, educational, and charitable fields 'for the moral, ethical and physical well-being and progress of mankind.' There are few restrictions on the use of these funds and the Trustees may apply both income and principal for the purposes of the Foundation. The Bodman Foundation primarily funds in New York City, but occasionally considers projects in northern New Jersey, including Monmouth County, in honor of its donors."
Both the Achelis and Bodman Foundations have been the subject of criticism by various publications affiliated with [[conspiracy theory|conspiracy theorist]] [[Lyndon LaRouche publications]], especially for making grants to the [[American Family Foundation]] - which has been critical of the LaRouche movement - and the inter-faith organisation, the [[Temple of Understanding]]. One LaRouche website complains about the two foundations on the grounds that "A close inspection of the grant-making activity of these foundations discloses support for institutions that have been seminal to the erosion of Judeo-Christian culture. In 1969, the Bodman foundation financed the [[Temple of Understanding]], which established itself as the only religious chapel housed in the United Nations in New York". [http://www.larouchespeaks.net/pages/020305bodman.htm]
== Trustees, Officers, and Staff Officers ==
'''=== Officers''' ===
*[[Guy G. Rutherfurd]], Honorary Chairman
*[[John N. Irwin III]], Chairman and Treasurer
*[[Joseph S. Dolan]], Secretary
'''=== Board of Trustees''' ===
*[[Horace I. Crary, Jr.]]
*Guy G. Rutherfurd
'''=== Staff''' ===
*Joseph S. Dolan, Executive Director
*[[John B. Krieger]], Program Officer
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