Unlike most other foundations, it was charged to spend all of its assets within a generation of Olin's death, for fear of mission drift over time and to preserve donor intent. The money given by the Olin Foundation was allocated in the following way: DonorsTrust: 750,000 It may have merged with another organization or ceased operations. Is this your nonprofit? The foundation supported conservative thinkers such as Heather Mac Donald of the Manhattan Institute; Mac Donald is the John M. Olin Fellow at this New York City-based institution. https://observer.com/2005/05/olin-foundation-rightwing-tank-snuffing-itself The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. The Foundation reported that it paid $1,225,000 in contributions, gifts, and grants. 2011 Funding: In 2011, The John M. Olin Foundation did not disclose the amount of money it received from contributions, gifts, and grants. Manhattan Institute: 155,000 "The ground gained by conservative ideas in recent decades can be quickly lost if those ideas are not renewed and persistently articulated in public forums. The John M. Olin Foundation, Inc. was established in 1953 by John Merrill Olin (1892-1982), inventor, industrialist, conservationist and philanthropist. The Foundation is financed by profits from the Olin chemical and munitions fortune with assets estimated at $90 million, $3 million of which goes to conservative advocacy groups. "[2], The fund was largely inactive until 1969, when John M. Olin was disturbed by the Willard Straight Hall takeover at his alma mater, Cornell University. [6] In 2005, following longstanding plans,[7] the foundation announced its final grants and closed its doors. This guarantees that your house or commercial building gets the best services. The Olin Foundation, a major funder of conservative academic programs at elite … Foundation repair and construction need to be done by foundation experts. A Gift of Freedom: How the John M. Olin Foundation Changed America by John J. Miller. [1], According to the official website, "the general purpose of the John M. Olin Foundation is to provide support for projects that reflect or are intended to strengthen the economic, political and cultural institutions upon which the American heritage of constitutional government and private enterprise is based. This organization has not appeared on the IRS Business Master File in a number of months. John M. Olin Foundation: part our commitment to scholarly and academic excellence, all articles receive editorial review.|||... World Heritage Encyclopedia, the aggregation of the largest online encyclopedias available, and the most definitive collection ever assembled. This organization is not registered with the IRS. This page was last edited on 6 June 2013, at 21:38. 2011 Funding: In 2011, The John M. Olin Foundation did not disclose the amount of money it received from contributions, gifts, and grants. A Gift of Freedom: How the John M. Olin Foundation Changed America. The John M. Olin Foundation was a conservative American grant-making foundation established in 1953 by John M. Olin, president of the Olin Industries chemical and munitions manufacturing businesses. Reveal deeper insights into your organization's relationships with RelSci Contact Aggregator. John M. Olin Foundation Monsanto’s Fingerprints All Over Newsweek’s Hit on Organic Food. He worried that unless new conservative foundations are established, the conservative movement may have reached it high tide mark. By the time the John M. Olin Foundation spent itself out of existence in 2005, as called for in its founder’s will, it had spent about half of its total assets of $370 million bankrolling the promotion of free­market ideology and other conservative ideas on the country’s campuses. Phone: 212 661-2670 The John M. Olin Foundation was a conservative American grant-making foundation established in 1953 by John M. Olin, president of the Olin Industries chemical and munitions manufacturing businesses. • Miller, John J. That's it. "[4][5][6] and it provided funding support, along with the various foundations controlled by Joseph Coors and family, and Richard Mellon Scaife, to create a chain of anti-environmental, pro-business, legal advocacy organisations. The Foundation "supported right-wing causes for many years but became more focused on grantmaking after William E. Simon took over as president in 1977." It is an "autonomous entity within the framework of the Weatherhead Center for International Affairs and is the result of an expansion and institutionalization of the Center's program in national security studies. He has since returned to be Olin's president.[7]. 330 Madison Avenue, 22nd Floor How to transfigure the Wikipedia . (John 2002) Accordingly, the general purpose of the John M. Olin … John M. Olin Foundation; John M. Olin Business School; The Philanthropy Hall of Fame, John Olin; Bibliography. 100 Related Articles [filter] Law and economics. Accordingly, it no longer has the resources to fund new proposals nor the staff to respond to inquiries. The Foundation also seeks to promote a general understanding of these institutions by encouraging the thoughtful study of the connections between economic and political freedoms, and the cultural heritage that sustains them."[3]. Just better. For several years, it was a conventional rich man’s philanthropy, supporting the Cornell University Alumni Fund and several other causes. Foundation for Cultural Review: 100,000 The John M. Olin Foundation, once one of the country's premier conservative foundations, closed down in 2005 after a half century of operations. [8], According to the Philanthropy Roundtable, the Olin Foundation "dispensed hundreds of millions of dollars to scholars, think tanks, publications, and other organizations" and "shaped the direction and aided the growth of the modern conservative movement that first sprang into visibility in the 1980s. Print Email Share Tweet. Staff members at the conservative John M. Olin Foundation noted that lawyers tend to play influential leadership roles in various segments of society. Headquarters. The John M. Olin Foundation was a conservative American grant-making foundation established in 1953 by John M. Olin, president of the Olin Industries …