Formation | 14 June 2004 |
---|---|
Founder | Robert Mercer |
Founded at | New York City, U.S. |
Type | charitable foundation |
20-1982204 | |
Legal status | 501(c)(3) |
Purpose | philanthropy |
Headquarters | 51 Sawyer Rd, Waltham, Massachusetts, 02453-3448, U.S. |
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 critical of climate change activism. [7]
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]
The Mercer Family Foundation has lobbied against efforts to fully fund the Internal Revenue Service. [10]
The organization has been linked to the funding of Donald Trump and other U.S. far-right entities. Similar allegations have been made about links to members of the UK government. [11]
The Lynde and Harry Bradley Foundation, commonly known as the Bradley Foundation, is an American charitable foundation based in Milwaukee, Wisconsin, that primarily supports conservative causes.
The Heritage Foundation, sometimes referred to simply as Heritage, is an activist American conservative think tank based in Washington, D.C. Founded in 1973, it took a leading role in the conservative movement in the 1980s during the presidency of Ronald Reagan, whose policies were taken from Heritage Foundation studies, including its Mandate for Leadership.
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Robert Leroy Mercer is an American hedge fund manager, computer scientist, and political donor. Mercer was an early artificial intelligence researcher and developer and is the former co-CEO of the hedge fund company Renaissance Technologies.
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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.