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{{#badges:Koch Exposed|SPN}}Founded in 1973, '''The Heritage Foundation''' is a right-wing [[think tank]]. Its stated mission is to formulate and promote public policies based on the principles of "free enterprise, limited government, individual freedom, traditional American values, and a strong national defense."<ref>[http://www.heritage.org/about "About Heritage"], organizational website, accessed October 2012</ref> It is widely considered one of the world's most influential public policy research institutes. The Foundation wields considerable influence in Washington DC, and enjoyed particular prominence during the [[Reagan administration]]. Its initial funding was provided by [[Joseph Coors]], of the Coors beer empire, and [[Richard Mellon Scaife]], heir of the Mellon industrial and banking fortune. Its founders include [[Paul Weyrich]] and [[Mickey Edwards]]. The Foundation maintains strong ties with the London [[Institute of Economic Affairs]] and the [[Mont Pelerin Society]]. The Heritage Foundation is an "associate" member of the [[State Policy Network]], a web of right-wing “think tanks” in every state across the country.<ref>State Policy Network, [https://spn.org/directory/ Directory], ''State Policy Network'', 2016.</ref>