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'''Aequus Foundation''' is a 501(c)(3) exempt private foundation based in Elmira, NY. The foundation primarily gives to fuel conservative causes through right-wing organizations and think tanks, such as members of the [[State Policy Network]]. Larry Arnn, the foundation's executive director, serves as President of Hilldale College, a small, liberal-arts college in Michigan which receives much funding from right-wing think tanks, as the college does not receive state or federal funds.

The largest contribution, at $277,500 (just over a third of their total fundinggrants from 2009 to 2011) from the foundation went to the [[Heritage Foundation]], a right-wing think tank that has a strong influence over conservative legislators, and enjoyed a considerable prominence during the Reagan Administration. Edwin Feulner, a member of the '''Aequus Foundation''' board of directors, helped found the [[Heritage Foundation]] in 1973. The organization's website described the changes the foundation went through under Feulner, "Heritage grew from a nine-member staff on a shoestring budget working out of a rented office in 1977 to a 250-person, $80-million-a-year institution with a worldwide reputation for rigorous research and innovative policy recommendations, occupying three buildings near the U.S. Capitol." <ref name = "About: Edwin Feulner"> [http://www.heritage.org/about/staff/f/edwin-feulner Heritage Foundation: About Edwin Feulner] </ref>