Mercer Family Foundation

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Mercer Family Foundation
Formation14 June 2004(19 years ago) (2004-06-14)
Founder Robert Mercer
Founded at New York City, U.S.
Typecharitable foundation
20-1982204
Legal status 501(c)(3)
Purposephilanthropy
Headquarters51 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]

Contents

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]

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]

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]

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References

  1. Delevingne, Lawrence (8 November 2014). "Have Mercer! The money man who helped the GOP win". CNBC. Archived from the original on 23 October 2015. Retrieved 8 October 2015.
  2. "IRS Form 990 2013" (PDF). GuideStar . Internal Revenue Service. Archived (PDF) from the original on 22 April 2015. Retrieved 8 October 2015.
  3. Sellers, Frances (6 October 2015). "How a reclusive computer programmer became a GOP money powerhouse". Washington Post. New York. Archived from the original on 16 October 2015. Retrieved 11 October 2013.
  4. "The Man Who Out-Koched the Kochs". Bloomberg. New York. 22 October 2014. Archived from the original on 11 October 2017. Retrieved 11 October 2013.
  5. Johnson, Eliana (8 April 2015). "Meet Ted Cruz's Billionaire Donors". National Review. Archived from the original on 1 November 2015. Retrieved 8 October 2015.
  6. Vicky Ward (17 March 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". The Huffington Post . Archived from the original on 18 March 2017. Retrieved 19 March 2017. 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. Archived from the original on 23 April 2019.
  8. 1 2 Adeniji, Ade (14 April 2015). "Meet the New Best Friend of Conservative Policy Groups: Robert Mercer". Inside Philanthropy. Archived from the original on 22 December 2015. Retrieved 17 December 2015.
  9. "Robert Mercer". Inside Philanthropy. Archived from the original on 16 October 2015. Retrieved 8 October 2015.
  10. "Conservative groups mount opposition to increase in IRS budget, threatening White House infrastructure plan". Washington Post. ISSN   0190-8286 . Retrieved 2 September 2021.
  11. "American Dark Money, the Mercers and the Conservative Party: A Network of Influence". 14 September 2022.

42°21′40.1″N71°15′29.5″W / 42.361139°N 71.258194°W / 42.361139; -71.258194