The Heritage Foundation
- overview
- connections
- financials
- funders
- grants
- people
501(c)(3) nonprofit
Employer Identification Number: 23-7327730
The Heritage Foundation is a conservative think tank located in Washington, D.C. Founded in 1973, it works to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.
In addition to individual contributions, The Heritage Foundation receives funding from a variety of corporations and associations, including AIG, Altria Group (Philip Morris), Lockheed Martin, and ExxonMobil. Since President Obama took office, Heritage has been critical of the administration's priorities, including global warming legislation and health care reform.
GREATEST HITS
Bush Tax Cuts Would Pay Off National Debt. "Under President Bush's plan, an average family of four's inflation-adjusted disposable income would increase by $4,544 in fiscal year (FY) 2011, and the national debt would effectively be paid off by FY 2010." [Heritage Foundation, 2001]
Paul Ryan's Budget Would Result In 2.8% Unemployment. "One of the big eyebrow-raisers in the Path to Prosperity was the appendix citing research from the Heritage Foundation's Center for Data Analysis. Ryan had asked the center, an arm of the conservative think tank, to crunch the numbers and compare the outlook if tax policy and entitlement spending did not change to the outlook if Ryan's budget passed. And the analysis found that unemployment would plummet to historic lows quickly, falling to 2.8 percent within a decade of Ryan's budget passing, falling to pre-recession levels by mid-decade even if Ryan's budget didn't pass." [Slate, 2011]
