Organization:Mercer Family Foundation

From HandWiki
Mercer Family Foundation
FounderRobert Mercer
TypeCharitable foundation
HeadquartersNew York, New York
Director
Rebekah Mercer[1]
Disbursements$13,492,358 (2013)[2]

The Mercer Family Foundation is a private grant-making foundation in the United States. As of 2013, it had $37 million in assets.[3] The foundation is run by Rebekah Mercer, the daughter of computer scientist and hedge fund manager Robert Mercer.[4][5]

Under Rebekah’s leadership, the family foundation invested about $70 million into conservative causes between 2009 and 2014.[6] The foundation has also donated to groups that reject the scientific consensus on climate change.[7]

Activities

The foundation's main interests are in the fields of public policy, higher education, and science.[8] The foundation has donated to organizations and institutions including the Heritage Foundation, Illinois Policy Institute, Heartland Institute, and SUNY Stony Brook.[9] Mercer provides funding to the Home Depot Foundation, whose mission is to "improve the homes and lives of U.S. military veterans and their families."[8]

References

  1. Delevingne, Lawrence (November 8, 2014). "Have Mercer! The money man who helped the GOP win". CNBC. https://www.cnbc.com/2014/11/07/robert-mercer-the-most-important-political-money-man-youve-never-heard-of.html. Retrieved 8 October 2015. 
  2. "IRS Form 990 2013". Internal Revenue Service. http://www.guidestar.org/FinDocuments/2013/201/982/2013-201982204-0b09b793-F.pdf. Retrieved 8 October 2015. 
  3. Sellers, Frances (October 6, 2015). "How a reclusive computer programmer became a GOP money powerhouse". Washington Post (New York). https://www.washingtonpost.com/politics/how-a-reclusive-computer-programmer-became-a-gop-money-powerhouse/2015/10/05/1af0c1bc-50b7-11e5-8c19-0b6825aa4a3a_story.html. Retrieved October 11, 2013. 
  4. "The Man Who Out-Koched the Kochs". Bloomberg (New York). October 22, 2014. https://www.bloomberg.com/news/articles/2014-10-23/the-man-who-outkoched-the-kochs. Retrieved October 11, 2013. 
  5. Johnson, Eliana (April 8, 2015). "Meet Ted Cruz’s Billionaire Donors". National Review. http://www.nationalreview.com/article/416643/meet-ted-cruzs-billionaire-donors-eliana-johnson. Retrieved 8 October 2015. 
  6. Vicky Ward (March 17, 2017). "The blow-it-all-up billionaires; When politicians take money from megadonors, there are strings attached. But with the reclusive duo who propelled Trump into the White House, there’s a fuse.". http://highline.huffingtonpost.com/articles/en/mercers/. "According to The Washington Post , the family donated $35 million to conservative think tanks and at least to $36.5 million to individual GOP races." 
  7. "The Mercers, Trump mega-donors, back group that casts doubt on climate science". The Washington Post. 2017. https://www.washingtonpost.com/politics/the-mercers-trump-mega-donors-back-group-that-casts-doubt-on-climate-science/2017/03/26/dc1fde86-109b-11e7-9b0d-d27c98455440_story.html. 
  8. 8.0 8.1 Adeniji, Ade (April 14, 2015). "Meet the New Best Friend of Conservative Policy Groups: Robert Mercer". Inside Philanthropy. http://www.insidephilanthropy.com/wall-street-wallets/2015/4/14/meet-the-new-best-friend-of-conservative-policy-groups-rober.html. Retrieved 17 December 2015. 
  9. "Robert Mercer". Inside Philanthropy. http://www.insidephilanthropy.com/wall-street-donors/robert-mercer.html. Retrieved 8 October 2015.