Money Flowing In: Foundations
Donors Trust has injected nearly $400 million into free-market causes, thanks in large part to contributions by dozens of private foundations run by wealthy executives or their families. These foundations have often sought anonymity by passing their grants through Donors Trust, but a Center for Public Integrity review of IRS records reveals some of the largest backers of Donors Trust in recent years.
Money Flowing Out: Think Tanks
Donors Trust has given grants to three national organizations that coordinate free-market policy and media efforts in the states: the American Legislative Exchange Council, the State Policy Network, and the Franklin Center for Government and Public Integrity. In addition to these umbrella organizations, Donors Trust has directly funded at least 51 state-based think tanks in nearly every state since 2007.