Phillips Th Foundation

<a href="http://www.sourcewatch.org/index.php/Thomas_L.Phillips">http://www.sourcewatch.org/index.php/Thomas_L.Phillips</a><a href="http://www.yaf.org/staff/thomas-l-phillips/">http://www.yaf.org/staff/thomas-l-phillips/</a>
bs<p style="box-sizing: border-box; margin: 0px 0px 1em; padding: 0px; border: 0px; font-stretch: inherit; font-size: 16px; line-height: 1.5em; font-family: " open="Open" sans="Sans" sans-serif="sans-serif" vertical-align="vertical-align" baseline="baseline">In January of 1974, Thomas L. Phillips launched Phillips International, Inc. with two newsletters, three employees and a $1,000 investment.<p style="box-sizing: border-box; margin: 0px 0px 1em; padding: 0px; border: 0px; font-stretch: inherit; font-size: 16px; line-height: 1.5em; font-family: " open="Open" sans="Sans" sans-serif="sans-serif" vertical-align="vertical-align" baseline="baseline">From that entrepreneurial start-up, the company grew into one of the foremost print and on-line publishing firms in America with four subsidiaries and sales of more than $245 million. The firm produced widely respected newsletters and on-line information services for the consumer and business-to-business marketplaces. Tom sold the final Phillips International subsidiary in January of 2007.<p style="box-sizing: border-box; margin: 0px 0px 1em; padding: 0px; border: 0px; font-stretch: inherit; font-size: 16px; line-height: 1.5em; font-family: " open="Open" sans="Sans" sans-serif="sans-serif" vertical-align="vertical-align" baseline="baseline">Tom is founder and chairman of <a title="Eagle Publishing, Inc" href="http://www.eaglepub.com/" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline; outline: 0px; color: rgb(0, 0, 0);">Eagle Publishing, Inc</a>., America’s leading source of books and periodicals with a conservative, free-enterprise focus. Headquartered on Capitol Hill in Washington, D.C., Eagle Publishing provides a full range of products and services with perspective and solutions favoring traditional values of free markets, limited government, and individual freedom.<p style="box-sizing: border-box; margin: 0px 0px 1em; padding: 0px; border: 0px; font-stretch: inherit; font-size: 16px; line-height: 1.5em; font-family: " open="Open" sans="Sans" sans-serif="sans-serif" vertical-align="vertical-align" baseline="baseline">Tom earned a B.A. in political science from Dartmouth College and an M.A. in journalism from The American University. He then held positions with two large national advertising agencies and a Washington, D.C., publishing firm.<p style="box-sizing: border-box; margin: 0px 0px 1em; padding: 0px; border: 0px; font-stretch: inherit; font-size: 16px; line-height: 1.5em; font-family: " open="Open" sans="Sans" sans-serif="sans-serif" vertical-align="vertical-align" baseline="baseline">Tom was a founding member of the Newsletter Publishers Association and served as president of the Association. In 989, he was honored as NPA “Publisher of the Year.” In 1994, he was elected as the first member of the Newsletter Publishers Hall of Fame.<p style="box-sizing: border-box; margin: 0px 0px 1em; padding: 0px; border: 0px; font-stretch: inherit; font-size: 16px; line-height: 1.5em; font-family: " open="Open" sans="Sans" sans-serif="sans-serif" vertical-align="vertical-align" baseline="baseline">Tom is founder of <a title="The Phillips Foundation" href="http://www.thephillipsfoundation.org/" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline; outline: 0px; color: rgb(0, 0, 0);">The Phillips Foundation</a>, a non-profit organization which sponsors two noteworthy programs: an annual fellowship program for young print journalists who work on a one-year writing project of their choosing,focusing on journalism supportive of American culture and a free society; and the Ronald Reagan College Leaders Scholarship Program which provides scholarships to outstanding undergraduate student leaders in the cause of freedom, American values, and constitutional principles.<p style="box-sizing: border-box; margin: 0px 0px 1em; padding: 0px; border: 0px; font-stretch: inherit; font-size: 16px; line-height: 1.5em; font-family: " open="Open" sans="Sans" sans-serif="sans-serif" vertical-align="vertical-align" baseline="baseline">In addition to Tom’s service on the Board of Directors of Young America’s Foundation, he chairs the Board of Governors of the National Journalism Center and is also a member of the Reagan Ranch Board of Governors. He is a member of the Advisory Board of The Claremont Institute. Tom was a member of the Board of Trustees of the Fund for American Studies and chairman of the Board of Visitors for the Institute on Political Journalism. He served for many years on the Board of Junior Achievement of the National Capital Area and on the Board of the Boy Scouts of America National Capital Area Council.Tom Phillips, the force behind Eagle Publishing Inc., which produces the venerable weekly Human events and the Evans-Novak Political Report, talks about putting his vision on paper.Tom Phillips launched Phillips Publishing, one of the great American success stories, in January 1974 with two newsletters, three employees and a $1,000 investment. Now Phillips Publishing International is a Potomac, Md.-based firm with 1,200 employees, producing more than 100 newsletters, magazines, newspapers, books, directories and online information services. The company closed out fiscal 1998 with $310 million in sales.Eagle Publishing Inc., a subsidiary of Phillips Publishing International, publishes the conservative weekly tabloid Human Events and the Evans-Novak Political Report. The Conservative Book Club is part of Eagle, as is Regnery Publishing, a firm created 50 years ago by Henry Regnery and one of the earliest conservative book publishers in America. Regnery was acquired by Phillips in 1993."I have a strong belief in liberty and in the values and ideas of the Founding Fathers," Tom Phillips tells Insight. ...bought part of regnery --> eagle?==Thomas L. Phillips

Born: <a href="http://www.nndb.com/lists/877/000106559/" class="proflink">25-Dec</a>-<a href="http://www.nndb.com/lists/940/000105625/" class="proflink">1941</a>

Birthplace: <a href="http://www.nndb.com/geo/753/000197162/" class="proflink">Cherry Hill, NJ</a>

Gender: Male

Race or Ethnicity: White

Sexual orientation: Straight

Occupation: <a href="http://www.nndb.com/lists/265/000095977/" class="proflink">Publisher</a>

Party Affiliation: Republican

Nationality: United States

Executive summary: Phillips Publishing International

Wife: Jan

Daughter: Karen

Son: Mark

Wife: <a href="http://www.nndb.com/people/096/000136685/">Randall Brooks Phillips</a> (m. 2000)

University: <a href="http://www.nndb.com/edu/853/000068649/">BA Political Science, Dartmouth College</a>

University: <a href="http://www.nndb.com/edu/612/000082366/">MA Journalism, American University</a>

Administrator: <a href="http://www.nndb.com/edu/865/000068661/">Board of Visitors, University of Maryland</a>

Phillips Publishing International President and CEO

<a href="http://www.nndb.com/media/958/000051805/">Human Events</a>

Member of the Board of <a href="http://www.nndb.com/company/569/000127188/">Eagle Publishing</a>

<a href="http://www.nndb.com/org/520/000167019/">Americans for Truth in Politics</a>

<a href="http://www.nndb.com/org/490/000049343/">Boy Scouts of America</a> Board Member, National Capital Area Council

<a href="http://www.nndb.com/org/175/000167671/">Bush-Cheney '04</a>

<a href="http://www.nndb.com/org/398/000058224/">Claremont Institute</a> Board of Advisors

<a href="http://www.nndb.com/org/005/000208378/">DeMint for Senate Committee</a>

<a href="http://www.nndb.com/org/958/000169451/">Ensign for Senate</a>

<a href="http://www.nndb.com/org/162/000176631/">Fred Thompson PAC</a>

<a href="http://www.nndb.com/org/796/000169289/">Friends of George Allen</a>

<a href="http://www.nndb.com/org/664/000167163/">Friends of Katherine Harris</a>

<a href="http://www.nndb.com/org/242/000118885/">Fund for American Studies</a>

<a href="http://www.nndb.com/org/519/000168015/">John McCain 2008</a>

<a href="http://www.nndb.com/org/194/000172675/">Lindsey Graham for Senate</a>

<a href="http://www.nndb.com/org/122/000133720/">National Conservative Campaign Fund</a> Chairman

<a href="http://www.nndb.com/org/024/000129634/">National Journalism Center</a> Board of Governors

<a href="http://www.nndb.com/org/863/000126485/">National Legal Center for the Public Interest</a> Board of Directors

<a href="http://www.nndb.com/org/716/000171203/">National Republican Senatorial Committee</a>

<a href="http://www.nndb.com/org/040/000163548/">Phillips Foundation</a> Chairman, Board of Trustees

<a href="http://www.nndb.com/org/919/000055754/">Republican National Committee</a> Regents Program

<a href="http://www.nndb.com/org/994/000129607/">Reagan Ranch</a> Board of Governors

<a href="http://www.nndb.com/org/230/000168723/">Santorum 2006</a>

<a href="http://www.nndb.com/org/315/000119955/">Spirit of America</a>

<a href="http://www.nndb.com/org/308/000213666/">Steele for Maryland</a>

<a href="http://www.nndb.com/org/316/000058142/">Swift Boat Veterans for Truth</a>

<a href="http://www.nndb.com/org/805/000122439/">Young America's Foundation</a> Board of Directors

<a href="http://www.nndb.com/group/614/000091341/">Objectivists</a>

d Phillips Foundation secretary Farley said in an interview that Novak and Phillips are old friends, and that "Bob was the trustee [of the Phillips Foundation] who came up with the idea of giving journalism scholarships." Farley said Novak is unpaid andoes not receive expense reimbursements from the foundation. "It's sort of a labor of love for him."

The foundation's net worth in 2001, the latest year for which public tax returns are available, was $9.4 million. According to Farley, most of the foundation's wealth comes from stock it owns in Phillips Publishing International, the newsletter company Phillips founded. In 1999, the Thomas L. Phillips Revocable Trust made a $5.5 million gift to the foundation, records show. Phillips did not respond to a request for comment placed with Farley.

The Phillips Foundation has received money from other conservative foundations. In 2001, the Lynde and Harry Bradley Foundation donated $50,000, the Charles G. Koch Foundation gave $25,000, and the Lebensfeld Foundation gave $25,000, records show.

-----

<a href="http://www.conservativenews.org/ViewEducation.asp?Page=%5CEducation%5Carchive%5CEDU19991216a.html">Phillips Foundation Promotes "Objective Journalism"</a>

By the Phillips Foundation

CNS Information Services

16 December, 1999

(CNSNews.com) - The Maryland-based Phillips Foundation, a non-profit organization founded in 1990 to advance the cause of objective journalism, is now accepting applications for one full-time fellowship ($50,000) and two part-time fellowships ($25,000 each) for working journalists who wish to complete a one-year project focusing on "journalism supportive of American culture and a free society."

----If you are a working journalist with less than 10 years of professional experience in print or online journalism, you are eligible to apply for an exciting fellowship program offered by the Phillips Foundation. Applicants propose a one-year writing project on a topic of their choosing, focusing on journalism supportive of American culture and a free society. In addition, the Foundation awards separate fellowships on the environment, on free enterprise and on law enforcement.2013 marked the milestone 20th Annual Robert Novak Journalism Fellowship Awards Dinner at the National Press Club in Washington, D.C.  This year The Fund for American Studies awarded $185,000 to seven young print and online journalists who will undertake year-long journalism projects focused on American culture, a democratic society and free enterprise. Since its inception in 1994, the Robert Novak Journalism Fellowship Program has successfully nurtured 117 aspiring young journalists.  Under the direction of The Fund for American Studies, the fellowship program will continue to make a greater, sustained impact in restoring balance to the media for years to come. The 2013 fellows are a living testament to Robert Novak’s vision of preserving an open, unbiased news media in support of a democratic society founded on a vibrant free enterprise system. <h3 align="left" style="margin: 0px;">Ian Corbin-$25,000 Silver Award</h3> Mr. Corbin, 32, was a 2012 Bartley Fellow at The Wall Street Journal and served as managing editor atPhilosophy and Social Criticism.  He is the recipient of a presidential fellowship from <st1:place style="margin: 0px;" xmlns:st1="st1"><st1:placename style="margin: 0px;" xmlns:st1="st1">Boston</st1:placename> <st1:placetype style="margin: 0px;" xmlns:st1="st1">College</st1:placetype></st1:place>where he is currently a doctoral candidate.  He earned an M.A.R. in Philosophy of Religion, graduating magna cum laude from <st1:place style="margin: 0px;" xmlns:st1="st1"><st1:placename style="margin: 0px;" xmlns:st1="st1">Yale</st1:placename> <st1:placetype style="margin: 0px;" xmlns:st1="st1">University</st1:placetype></st1:place>.For his fellowship, he will explore the topic: “The Nature and Value of Conservative Cultural Criticism.” <h3 style="margin: 0px;">Ryan Ekvall–$10,000 Alumni Fund Award</h3> Mr. Ekvall, 29, is a multimedia reporter at the Wisconsin Reporter in <st1:city style="margin: 0px;" xmlns:st1="st1">Madison</st1:city> under the auspices of the<st1:place style="margin: 0px;" xmlns:st1="st1"><st1:placename style="margin: 0px;" xmlns:st1="st1">Franklin</st1:placename> <st1:placename style="margin: 0px;" xmlns:st1="st1">Center</st1:placename></st1:place> for Government and Public Integrity.  He focuses on the <st1:place style="margin: 0px;" xmlns:st1="st1">Wisconsin</st1:place> statehouse, exposing waste, fraud, and abuse in government.  He graduated from <st1:place style="margin: 0px;" xmlns:st1="st1"><st1:placename style="margin: 0px;" xmlns:st1="st1">Columbia</st1:placename> <st1:placetype style="margin: 0px;" xmlns:st1="st1">College</st1:placetype></st1:place> with a B.S. in Business Administration – Financial Services. His fellowship project is titled: OMFG “The Rise and Fall of Public Sector Collective Bargaining in America: How Scott Walker’s Act 10 Marked the Apex of Public Unionism in America.” <h3 style="margin: 0px;">Joseph Lawler–$25,000 Silver Award</h3> Mr. Lawler, 26, is editor at Real Clear Politics where he reports on stories neglected by major print media pertaining to the economy, finance, and domestic policy.  Previously, he was managing editor at The American Spectator and an intern at the Center for International Trade and Economics at the Heritage Foundation.  He graduated cum laude from the University of Notre Dame with a B.A. in Economics.His fellowship will explore:  “Red Tape and Redlining: The Problem of Overregulation in Poor America.”  <h3 style="margin: 0px;">Tiffany Owens–$25,000 Silver Award</h3> Ms. Owens, 25, works as a World magazine correspondent in <st1:state style="margin: 0px;" xmlns:st1="st1">North Carolina</st1:state>.  While attending The King’s College in <st1:city style="margin: 0px;" xmlns:st1="st1">New York City</st1:city>, she served as research assistant to the provost and completed a year-long academic and business leadership seminar through Impact 360.  She plans to complete a B.A in Media, Culture, and the Arts at The King’s College.Her fellowship project will examine:  “Bohemian Backlash: How trickle-down urban policies that favor the creative class hurt cities and what conservatives can do about it.” <h3 style="margin: 0px;">Tom Peter-$50,000 Gold Award</h3> Mr. Peter, 30, is a contract overseas correspondent for The Christian Science Monitor in the Middle East.  He previously worked as correspondent for the Global Post and Kuwait Times, covering political, cultural, and economic affairs throughout <st1:country-region style="margin: 0px;" xmlns:st1="st1">Jordan</st1:country-region> and <st1:country-region style="margin: 0px;" xmlns:st1="st1">Iraq</st1:country-region>.  He earned a B.A. in Middle Eastern Languages and Civilizations from <st1:place style="margin: 0px;" xmlns:st1="st1"><st1:placename style="margin: 0px;" xmlns:st1="st1">Northwestern</st1:placename> <st1:placetype style="margin: 0px;" xmlns:st1="st1">University</st1:placetype></st1:place>.For his fellowship, he will examine “How Lessons from Iraq and Afghanistan Should Change America’s Border War.”<h3 style="margin: 0px;"> Joy Pullmann–$25,000 Silver Award</h3> Ms. Pullman, 26, works as managing editor and research fellow at the Heartland Institute in <st1:city style="margin: 0px;" xmlns:st1="st1">Chicago</st1:city>.  She is the co-author of a forthcoming book on incentives in education to be published by Hoover Institution Press.  She was honored with a first place award in editorial writing from the Michigan Press Association in 2010.  She is an honors program graduate of <st1:place style="margin: 0px;" xmlns:st1="st1"><st1:placename style="margin: 0px;" xmlns:st1="st1">Hillsdale</st1:placename> <st1:placetype style="margin: 0px;" xmlns:st1="st1">College</st1:placetype></st1:place> with a B.A. in English.Her fellowship project is titled: “What Common Core Means for American Education.” <h3 align="left" style="margin: 0px;">Christopher White–$25,000 Silver Award</h3> Mr. White, 25, is a freelance writer focusing on matters of faith, life, and family policy.  He is also director of programs and education at The Center for Bioethics and Culture in <st1:state style="margin: 0px;" xmlns:st1="st1">New York</st1:state>.  He previously worked as international director of operations for the World Youth Alliance in <st1:state style="margin: 0px;" xmlns:st1="st1">New York</st1:state>.  He earned a B.A. at The King’s College and is a 2013 Master’s candidate in Ethics and Society at <st1:place style="margin: 0px;" xmlns:st1="st1"><st1:placename style="margin: 0px;" xmlns:st1="st1">Fordham</st1:placename> <st1:placetype style="margin: 0px;" xmlns:st1="st1">University</st1:placetype></st1:place>.He will devote his fellowship to the topic:  “How Reproductive Technologies Pose Serious Threats to the Traditional Family Unit.”

----In 2005 you received a Novak Fellowship. During your Fellowship you penned an article titled, "<a href="http://reason.com/archives/2006/02/01/the-age-of-corporate-environme" title="The Age of Corporate Environmentalism" style="margin: 0px; color: rgb(153, 0, 0); text-decoration: none;">The Age of Corporate Environmentalism</a>," in which you examined the evolution of corporate social responsibility to the environment. What do you think spurred this movement? Did your research lead you to believe that these efforts were legitimate or merely posturing to appease environmental activist groups and the general public? That story was designed to show the good, the bad, and the ugly of corporate “do-gooderism.” Done right, companies can go green while still performing their profit-maximizing duty to their shareholders. Many energy-efficient technologies save money, for instance. But if those practices truly make sense, if they are sustainable in the real sense, then the companies shouldn’t need government subsidies or mandates to shove them in that direction. You are currently the Managing Editor for Reason magazine,

---

a metaphor, if you will ... titularly, of course.</div><div id="content">

<h2 class="date-header">28 July 2006</h2><div class="post"><h3 class="post-title">Unlimited Terms of Endearment: Part VII, Objective Journalism</h3>

<div>

<div style=" clear: both;">Let me begin by commending <a href="http://www.hcn.org/servlets/hcn.Article?article_id=16409">Ray Ring's excellent article in High Country News</a> from July 24th.

Unlike my writing, it actually makes sense. And ...

Every so often, one must take a break from pulling on the same old thread as the sweater unravels; every now and again, it's refreshing to tug on a different thread and see how much unravels there. If you've read this far, you don't know any of these people, but have some patience. It will all come out in the wash, white or otherwise.

And, to respond to the critic who blogged last week that blogs are automatically suspect: I report 'internet' material that is authoritative, with a high degree of confidence. When I use sources like, say Wikipedia, or SourceWatch, I check another source, and only use information that is clearly factual. Sometimes, I go to Right Wing websites and sources to confirm facts, just to filter out any ideological bias.

I do this because "objectivity" per se doesn't actually exist. In order for "objectivity" to be real, you would have to have an objective being, e.g. a Supreme Being, and the S. B. doesn't seem much inclined to write. Objectivity is a paradigm that philosophers and gonzo journalists have quibbled with and derided extensively, but, all in all, it is still a good and useful paradigm.

[We can retreat into utter solipsism, in which case no one can prove to you that they actually exist. Or we can accept imperfection and move on.]

But, from a human perspective, reporting a temperature and adjudging it 'hot' or 'cold' is a matter of fact and not mere opinion. Disbelieving in gravity don't make it so.

On the other hand, value judgments and opinions are 'subjective' journalism (and, increasingly ARE journalism), and the presumption that bloggers are automatically suspect by virtue of their 'facts' and their automatic, presumed 'subjectivity' implies that Objective news organizations are automatically objective and factual.

I make no claims of 'fair and balanced.' I try to give you the story, and enough verifiable information that YOU can double-check my facts, rather than trusting that I've transcribed a phone call or tape (that you can't verify) in the actual news.

What newspaper cedes you that courtesy?

There are sleazy bloggers and there are sleazy newswriters, and caveat lector: let the reader beware. Read critically. Think. Keep an open mind. In other words, and to paraphrase that paragon of journalistic integrity, Rupert Murdoch's Fox News:

"I'll distort; you deride."

Now, fasten your seatbelts.

i. How Objective Journalists Are Born

Conservativenews dot com didn't get around to changing their domain name when they changed it to Cybercast News Service:

<blockquote>"(also CNSNews.com) is a conservative news website operated by the Media Research Center. It was founded on June 16, 1998 under the name "Conservative News Service"; "Conservative" was changed to "Cybercast" in 2000 after the MRC was unable to trademark the name "Conservative News Service."[1]. CNS sees its role as serving an audience which puts a "higher premium on balance than spin" by covering stories that mainstream news organizations ignore." [Wikipedia]</blockquote>

They published this oxymoronic 'news' item at for Christmas of 1999:

<blockquote><a href="http://www.conservativenews.org/ViewEducation.asp?Page=%5CEducation%5Carchive%5CEDU19991216a.html">Phillips Foundation Promotes "Objective Journalism"</a>

By the Phillips Foundation

CNS Information Services

16 December, 1999

Working journalists (US citizens) with less than five years of professional experience in print journalism are eligible to apply for the Year 2000 Phillips Foundation Journalism Fellowship Program.

The Foundation said it established this annual journalism fellowship program to assist print journalists who share the Foundation's mission to advance constitutional principles, a democratic society and a vibrant free enterprise system....</blockquote>

"Oxymoronic" because the news story is a press release about setting up a program to increase press 'objectivity.' And uncritically reprinting a press release is the nadir of objective reporting.

I suppose that "objectivity" is best served by seeing who's on the board of directors of the Phillips Foundation.

From their webpage:

<blockquote>The Phillips Foundation Trustees

Thomas L. Phillips, Chairman

Mr. Phillips serves as Chairman of Phillips International, Inc. and Eagle Publishing, Inc.

Becky Norton Dunlop

Mrs. Dunlop is Vice President for External Relations at The Heritage Foundation.

Thomas A. Fuentes

Mr. Fuentes is Senior Vice President of LFC in Orange County, Calif., and Senior Fellow at The Claremont Institute.

Robert D. Novak

Mr. Novak is a prominent national journalist and author of one of the longest running syndicated columns in the United States.

Alfred S. Regnery

Mr. Regnery is Publisher of The American Spectator.

Ronald E. Robinson

Mr. Robinson is President of Young America's Foundation

Trustee Emeritus

Donald P. Hodel

Mr. Hodel is on the Board of Directors of Focus on the Family and served as Secretary of both Interior and Energy during the Reagan Administration.

Foundation Secretary

John W. Farley

Foundation Assistant Secretary

D. Jeffrey Hollingsworth

Foundation Treasurer

Peter De Angelo</blockquote>

Gee. Who are these guys? From SourceWatch:

<blockquote>In 1993 Thomas L. Phillips founded and is the chairman of Eagle Publishing, the parent company of the conservative publishing house, Regnery Publishing.

Phillips is Chairman and President of Phillips International which he founded in 1974 to publish newsletters.

"The firm's 500 employees produce widely respected newsletters and on-line information services for the consumer investment and health marketplaces. Phillips International is also recognized for its thriving vitamin and nutritional supplement business. The company closed calendar 2000 with more than $350 millions in sales,"<a href="http://www.hartwilliams.com/blog/2006/07/%28http://www.regnery.com/eagle/eagle_management.html%29"> his biographical note states. </a>

According to his biographical note Phillips was a founding member of the Newsletter Publishers Association and "serves on the Board of Young America's Foundation*, sponsor of the Ronald Reagan Leadership Program."

[NOTE: "Young America's Foundation" -- a 501(c)3 -- and its sister entity, "Young Americans for Freedom" -- a 501(c)4 -- are the lineal descendants of the group "Young Americans for Freedom" founded at William F. Buckley's estate in 1960 and merged with "Students for Goldwater" in 1961. The Libertarian Party has deep roots in the old YAF organization. The point is to keep the old YAF acronym. YAF was reactivated in its current dual configuration in 1974 to promote Ronald Reagan for president. The YAF bought Reagan's "Western White House" ranch in 1998, and maintains and runs several additional Reagan shrines. -- HW]

"He is on the Board of the Fund for American Studies and Chairman of the Board of Visitors for the Institute on Political Journalism. Tom also serves on the Board of the National Legal Center for Public Interest," his biographical note states.

"He is also a member of the Republican National Committee's Regents Program, and the Advisory Board of the Claremont Institute. Tom is Chairman of the Chairman's Council of the Republican Party of Orange County, California, and a member of the World Presidents' Organization, an international organization of business leaders," his biographical note states.</blockquote>

The Phillips Foundation is a 501(c)3, just like the Girl Scouts, the Red Cross, or Save The Children. Donations are fully tax deductible. Luckily, the Phillips Foundation gets nearly all of its donations from other Foundations.

What's really fun is how the Directors are linked to Phillips: According to SALON's Mary Jacoby:

<blockquote>[Robert] Novak's son's employment at Regnery, revealed by the New York Times on Aug. 30, isn't Novak's only tie to the Washington publisher of conservative polemics. Novak also has a long-standing professional and personal relationship that he did not reveal -- with Regnery's owner, newsletter magnate Tom Phillips. Phillips owns Eagle Publishing, whose subsidiaries include Regnery; Human Events, a 60-year-old conservative newsweekly; and the Evans-Novak Political Report, Novak's subscription-based newsletter ($297 a year). In addition, Novak is an unpaid member of the board of Phillips' private foundation, the Phillips Foundation, which awards journalism fellowships to young conservatives.

<a href="http://dir.salon.com/story/news/feature/2004/10/01/novak/print.html">(Salon, October 1, 2004)</a></blockquote>

Phillips controls one of America's most potent print media feifdoms: through his various subsidiaries, he publishes THE AMERICAN SPECTATOR (which was, you might recall, originally funded by Richard Mellon Scaife, and was the source of the so-called "Arkansas Project" and "Troopergate" -- see David Brock's BLINDED BY THE RIGHT for details), and HUMAN EVENTS which has a stable of writers that's a veritable who's who of Republican/Conservative poisoned penmanship: Ann Coulter, Newt Gingrich, Robert Novak, Michelle Malkin, Pat Buchanan etc. etc.

Regnery Publishing? THE conservative publisher. Gleaned for their website:

<blockquote>Best Sellers

Recent bestsellers of the company [Regnery] include Gary Aldrich's Unlimited Access, Barbara Olson's Hell to Pay, Goldberg's Bias and several others. The company is presently located in Washington, DC. It is a sister company of conservative newspaper Human Events.

Notable books published by Regnery in 2004 include:

John E. O'Neill and Jerome E. Corsi, Unfit for Command: Swift Boat Veterans Speak Out Against John Kerry. ISBN 0895260174.

Robert Patteron, Reckless Disregard: How Liberal Democrats Undercut Our Military, Endanger Our Soldiers, and Jeopardize Our Security. ISBN 0895260867.

Michelle Malkin, In Defense of Internment: The Case for "Racial Profiling" in World War II and the War on Terror. ISBN 0895260514.

David Horowitz, Unholy Alliance: Radical Islam and the American Left. ISBN 089526076X.</blockquote>

Oh, and let's not forget the book that started a certain Neocon writer on her quest for bestsellerdom:

High Crimes and Misdemeanors: The Case Against Bill Clinton

Ann H. Coulter, Hardcover, 358 Pages, Regnery Publishing, August 1998. According to Wikipedia: "One of the first well-known books [Regnery] published (in 1951) was God and Man at Yale by William F. Buckley, Jr."

Thomas A. Fuentes is, surprise! director of Eagle Publishing, parent company of Regnery.

Alfred S. Regnery is the publisher of the AMERICAN SPECTATOR (whose editor-in-chief is R. Emmett Tyrrell, Jr.)

Ronald E. Robinson is President of Young America's Foundation, of which Phillips is a Board member -- among several other interlocking foundations, etc. It's a sort of youth recruiting service for conservatives.

Donald P. Hodel served in the Reagan Administration, as did Becky Norton Dunlop, who seems to be the Heritage Foundation liason (Heritage Foundation is the 1000 lb. gorilla of Right Wing foundations) and who serves on several other Boards with Phillips. Hodel served as President and CEO of Focus on the Family 2003-2005 ($137,848,520 came in the FOF door in 2004, according to FOF's IRS form 990 tax filing).

All nice and cozy, right?

It gets even more incestuous.

<blockquote>National Conservative Campaign Fund

<a href="http://www.nccfpac.com/officers/index.cfm">http://www.nccfpac.com/officers/index.cfm</a>

Edwin Meese, III., Honorary Chairman

Jeane J. Kirkpatrick, Honorary Vice Chairman

Officers

Thomas L. Phillips, Chairman

D. Jeffrey Hollingsworth*, Executive Director</blockquote>

[* Hollingsworth is the Phillips Foundation's Assistant Secretary]

Directors include: Becky Norton Dunlop, Thomas A. Fuentes

National Advisory Board includes: George A. Alcorn, Sr., Gary Aldrich, L. Brent Bozell III, Angela "Bay" Buchanan, Ann Coulter, C. Boyden Gray, Donald P. Hodel, G. Gordon Liddy, Ralph Reed, Jr., Alfred S. Regnery, R. Emmett Tyrrell.

Well, let's make this easy. The only National Conservative Campaign Fund names missing from the Phillips Foundation Board are Treasurer Peter De Angelo and Secretary John W. Farley.

But not to worry: Peter De Angelo is the CFO & VP of Operations Eagle Publishing, Inc. And John W. Farley is Phillips International's Corporate Vice President. From their website:

<blockquote>Mr. Farley is responsible for corporate communications, government relations and corporate contributions. He joined the company 23 years ago as Executive Editor for business-to-business newsletters and later served as Group Publisher for The Defense Group...</blockquote>

There. Now we have some sort of notion as to what kind of "Objective Journalism" the Phillips Foundation is promoting.

I probably shouldn't mention that the Foundation is funded by Charles W. Koch's Foundation -- the Cato Institute's sugar-daddy -- $20,000; and the Lynde and Harry Bradley Foundation ($50,000).

According to Media Transparency: "With over $700 million in assets (down to $489 million in 2002), the Lynde and Harry Bradley Foundation of Milwaukee, Wisconsin is the country's largest and most influential right-wing foundation. As of the end of 1998, it was giving away more than $30 million a year...."

There are a couple of others, but Phillips International contributes the lion's share: $150,000 in 2004.

One of those others is Robert Novak himself, who was the 2003 "Lifetime Achievement Award" winner from the Phillips Foundation has contributed $10,000 for 2003 and $10,000 again for 2004 (the last 990s available -- they file for extensions to prepare their taxes quite often, it appears).

The 2006 Lifetime Achievement Award winner was Rupert Murdoch. For a priceless photograph of the award ceremony,<a href="http://www.thephillipsfoundation.org/media/200617_awards.jpg" style=" font-weight: bold;"> CLICK HERE.</a> According to the 990s, they pay about $30,000 a shot for the annual dinner at the National Press Club.

Some prior recipients: William Rusher, who retired as publisher of National Review in 1988 (1999), George F. Will (2000), and James J. Kilpatrick (2001), William F. Buckley, Jr. (2002), Robert D. Novak (2003), Robert L. Bartley, editor of The Wall Street Journal (posthumous) (2004), and "Kenneth Y. Tomlinson, chairman of the Corporation for Public Broadcasting and former editor-in-chief of Reader's Digest” (2005).

Objective journalists, one and all.

And that's how objective journalism is being encouraged by the <a href="http://www.thephillipsfoundation.org/fellowship/">Phillips Foundation.</a>

But, that's only half of the story. Tomorrow, in part ii of part VII (this blog seems to be rapidly metamorphosing into a borg), we will meet someone I've already told you about, and tell you about the Phillips Foundation connection in all of this. The picture that forms when you connect all of the dots might just astonish you. Stay tuned!

Courage.

---

Official Website:

<a href="http://www.thephillipsfoundation.org/">http://www.thephillipsfoundation.org/</a>

Location:

<a href="http://www.nndb.com/geo/761/000069554/" class="proflink">Washington, DC</a>

<table class="sortable" id="sort_grunk" border="1"><tbody><tr class=" even"><th><a href="http://www.nndb.com/org/040/000163548/#" class="sortheader" style=" color: black; display: block;">Name</a></th><th><a href="http://www.nndb.com/org/040/000163548/#" class="sortheader" style=" color: black; display: block;">Occupation</a></th><th><a href="http://www.nndb.com/org/040/000163548/#" class="sortheader" style=" color: black; display: block;">Birth</a></th><th><a href="http://www.nndb.com/org/040/000163548/#" class="sortheader" style=" color: black; display: block;">Death</a></th><th><a href="http://www.nndb.com/org/040/000163548/#" class="sortheader" style=" color: black; display: block;">Known for</a></th></tr><tr class=" odd"><td><a href="http://www.nndb.com/people/950/000129563/">Becky Norton Dunlop</a></td><td>

<center>Government</center>

</td><td align="right"><tt>2-Oct-1951</tt></td><td align="right"> </td><td>Conservative activist</td></tr><tr class=" even"><td><a href="http://www.nndb.com/people/991/000203382/">J. P. Freire</a></td><td>

<center>Journalist</center>

</td><td align="right"><tt>c. 1982</tt></td><td align="right"> </td><td>Managing Editor, The American Spectator</td></tr><tr class=" odd"><td><a href="http://www.nndb.com/people/709/000061526/">Donald Hodel</a></td><td>

<center>Government</center>

</td><td align="right"><tt>23-May-1935</tt></td><td align="right"> </td><td>Reagan's Secretary of Energy & Interior</td></tr><tr class=" even"><td><a href="http://www.nndb.com/people/170/000164675/">Deroy Murdock</a></td><td>

<center>Columnist</center>

</td><td align="right"><tt>1963</tt></td><td align="right"> </td><td>Conservative pundit</td></tr><tr class=" odd"><td><a href="http://www.nndb.com/people/412/000023343/">Robert Novak</a></td><td>

<center>Columnist</center>

</td><td align="right"><tt>26-Feb-1931</tt></td><td align="right"><tt>18-Aug-2009</tt></td><td>Conservative ideologue, outed Valerie Plame</td></tr><tr class=" even"><td><a href="http://www.nndb.com/people/530/000121167/">Thomas L. Phillips</a></td><td>

<center>Publisher</center>

</td><td align="right"><tt>25-Dec-1941</tt></td><td align="right"> </td><td>Phillips Publishing International</td></tr><tr class=" odd"><td><a href="http://www.nndb.com/people/245/000108918/">Alfred Regnery</a></td><td>

<center>Publisher</center>

</td><td align="right"><tt>21-Nov-1942</tt></td><td align="right"> </td><td>The American Spectator</td></tr></tbody></table>

</div>

</div>

Thomas L. Phillips, creator of the Thomas L. Phillips Revocable Trust of McLean, Virginia, is another principle investor. Mr. Phillips has donated some money to local <a href="http://www.city-data.com/elec/elec-MCLEAN-VA.html">McLean, VA political races</a> and is the CEO of Phillips International, the parent company to the <a href="http://www.thephillipsfoundation.org/">Phillips Foundation</a>, <a href="http://www.eaglepub.com/">Eagle Publishing</a>, and <a href="http://www.healthydirections.com/">Healthy Directions LLC</a> (formerly Phillips Health). The Phillips Foundation is a non-profit foundation that offers journalism fellowships for journalists “who share the Foundation’s mission to advance constitutional principles, a democratic society and a vibrant free enterprise system,” with special fellowships for writing on the environment from a free-market perspective. Most of the <a href="http://www.thephillipsfoundation.org/index.php?q=node/">Phillips Foundation trustees</a> are associated with Phillips International in some way. Thomas Phillips is obvious, but the president of conservative uber-publisher Regnery Publishing, Alfred S Regnery, is another trustee, as is Eagle Publishing director Thomas A. Fuentes. Eagle Publishing is the parent company for <a href="http://www.regnery.com/index.html" style="font-family: " times="Times" new="New" roman="Roman" font-size="font-size" large="large">Regnery Publishing</a>, the publisher of the “Politically Incorrect Guides” and books like <a href="http://www.regnery.com/books/unfitforcommand.html" style="font-family: " times="Times" new="New" roman="Roman" font-size="font-size" large="large">Unfit for Command</a> and <a href="http://www.regnery.com/books/meninblack.html" style="font-family: " times="Times" new="New" roman="Roman" font-size="font-size" large="large">Men in Black</a>. Eagle Publishing also publishes the Evans-Novak Political Report, conservative “news” source <a href="http://www.humanevents.com/" style="font-family: " times="Times" new="New" roman="Roman" font-size="font-size" large="large">Human Events</a> (which counts Ann Coulter as the legal affairs editor and Ms. Coulter, Newt Gingrich, Pat Buchanan, Robert Novak, Sen. James Imhoffe, Rush Limbaugh, Phyllis Schlafly, Michelle Malkin, Bill O’Reilly, and other conservative luminaries as commentators), and runs the <a href="http://www.conservativebookclub.com/DefaultJoin.asp?" style="font-family: " times="Times" new="New" roman="Roman" font-size="font-size" large="large">Conservative Book Club</a>. In addition, Mr. Phillips has given significant support to <a href="http://www.nccfpac.com/" style="font-family: " times="Times" new="New" roman="Roman" font-size="font-size" large="large">the National Conservative Campaign Fund (NCCF)</a>, a group whose <a href="http://www.nccfpac.com/officers.cfm" style="font-family: " times="Times" new="New" roman="Roman" font-size="font-size" large="large">directors and advisory board</a> are composed of <a href="http://www.hartwilliams.com/blog/2006/07/unlimited-terms-of-endearment-part-vii.html" style="font-family: " times="Times" new="New" roman="Roman" font-size="font-size" large="large">Phillips and most of the rest of the leaders of the Phillips Foundation</a>. Mr. Phillips’ connections at the NCCF are good enough to have had <a href="http://www.nccfpac.com/events.cfm" style="font-family: " times="Times" new="New" roman="Roman" font-size="font-size" large="large">Vice President Dick Cheney to come over for an NCCF reception at the Phillips’ home</a>.

Mr. Phillips has donated over $124,000 in support of conservative causes and elections since 1996, and his National Conservative Campaign Fund has given approximately $532,000 to Republican candidates since the 2000 election cycle (Source: <a href="http://www.opensecrets.org/pacs/lookup2.asp?strid=C00348359&cycle=2008">Opensecrets.org</a>). In 2006, the Phillips Foundation raised $68,000 from Phillips International, $10,000 from Foundation trustee Robert Novak, and $5,000 from the Randolph Foundation, another significant investor in the Mr. Milloy’s FEAFund, and it has also received over <a href="http://www.mediatransparency.org/recipientsoffunder.php?funderID=9">$107,000 from the Charles G. Koch Charitable Foundation from 2002 to 2005</a>.

<a href="http://www.scholarsandrogues.com/2007/11/28/we-berate-you-deride-a-look-at-steven-j-milloys-current-affiliates-and-backers/">http://www.scholarsandrogues.com/2007/11/28/we-berate-you-deride-a-look-at-steven-j-milloys-current-affiliates-and-backers/</a>

</div>

The Phillips Foundation is "a non-profit organization founded

in 1990 to advance constitutional principles, a democratic society and a

vibrant free enterprise system," its website states. <a rel="nofollow" class="external autonumber" href="http://www.thephillipsfoundation.org/index.html">[1]</a>

"In 1994, the Foundation launched its annual journalism fellowship

program to award grants to working print journalists to undertake and

complete projects of their own choosing, focusing on journalism

supportive of American culture and a free society. In 1999, the

Foundation launched its Future Leaders Program to provide renewable cash

awards to college undergraduates who demonstrate leadership on behalf

of the cause of freedom, American values and constitutional principles."

<h2>Contents</h2>

[<a href="http://www.sourcewatch.org/index.php/Phillips_Foundation#" class="internal" id="togglelink">hide</a>] </div>

<ul><li class="toclevel-1 tocsection-1"><a href="http://www.sourcewatch.org/index.php/Phillips_Foundation#Personnel">1 Personnel</a>

<ul><li class="toclevel-2 tocsection-2"><a href="http://www.sourcewatch.org/index.php/Phillips_Foundation#Trustees">1.1 Trustees</a></li><li class="toclevel-2 tocsection-3"><a href="http://www.sourcewatch.org/index.php/Phillips_Foundation#Trustee_Emeritus">1.2 Trustee Emeritus</a></li><li class="toclevel-2 tocsection-4"><a href="http://www.sourcewatch.org/index.php/Phillips_Foundation#Staff">1.3 Staff</a></li></ul>

</li><li class="toclevel-1 tocsection-5"><a href="http://www.sourcewatch.org/index.php/Phillips_Foundation#Contact_Information">2 Contact Information</a></li></ul>

</td></tr></tbody></table>

<h2> Personnel</h2>

<h3> Trustees</h3>

<ul><li><a href="http://www.sourcewatch.org/index.php/Thomas_L.Phillips" title="Thomas L. Phillips">Thomas L. Phillips</a>, Chairman; Chairman of <a href="http://www.sourcewatch.org/index.php?title=Phillips_International&action=edit&redlink=1" class="new" title="Phillips International (page does not exist)">Phillips International</a>, Inc. and <a href="http://www.sourcewatch.org/index.php/Eagle_Publishing" title="Eagle Publishing">Eagle Publishing</a></li><li><a href="http://www.sourcewatch.org/index.php/Becky_Norton_Dunlop" title="Becky Norton Dunlop">Becky Norton Dunlop</a>; Vice President for External Relations at The <a href="http://www.sourcewatch.org/index.php/Heritage_Foundation" title="Heritage Foundation">Heritage Foundation</a></li><li><a href="http://www.sourcewatch.org/index.php/Thomas_A.Fuentes" title="Thomas A. Fuentes">Thomas A. Fuentes</a>; Senior Vice President of LFC in Orange County, Calif., and Senior Fellow at The <a href="http://www.sourcewatch.org/index.php/Claremont_Institute" title="Claremont Institute" class="mw-redirect">Claremont Institute</a></li><li><a href="http://www.sourcewatch.org/index.php/Robert_D.Novak" title="Robert D. Novak" class="mw-redirect">Robert D. Novak</a></li><li><a href="http://www.sourcewatch.org/index.php/Alfred_S.Regnery" title="Alfred S. Regnery">Alfred S. Regnery</a>; Publisher of The <a href="http://www.sourcewatch.org/index.php/American_Spectator" title="American Spectator">American Spectator</a></li><li><a href="http://www.sourcewatch.org/index.php/Ronald_E._Robinson" title="Ronald E. Robinson" class="mw-redirect">Ronald E. Robinson</a>; President of <a href="http://www.sourcewatch.org/index.php/Young_America%27s_Foundation" title="Young America's Foundation">Young America's Foundation</a></li></ul>

<h3> Trustee Emeritus</h3>

<ul><li><a href="http://www.sourcewatch.org/index.php/Donald_P.Hodel" title="Donald P. Hodel" class="mw-redirect">Donald P. Hodel</a>; Director, <a href="http://www.sourcewatch.org/index.php/Focus_on_the_Family" title="Focus on the Family">Focus on the Family</a> and Secretary of the <a href="http://www.sourcewatch.org/index.php/U.S.Department_of_the_Interior" title="U.S. Department of the Interior">U.S. Department of the Interior</a> and <a href="http://www.sourcewatch.org/index.php/U.S._Department_of_Energy" title="U.S. Department of Energy">U.S. Department of Energy</a> during the <a href="http://www.sourcewatch.org/index.php/Ronald_Reagan" title="Ronald Reagan">Reagan</a> <a href="http://www.sourcewatch.org/index.php/Reagan_administration" title="Reagan administration">administration</a></li></ul>

<h3> Staff</h3>

<ul><li><a href="http://www.sourcewatch.org/index.php?title=John_W.Farley&action=edit&redlink=1" class="new" title="John W. Farley (page does not exist)">John W. Farley</a>, Foundation Secretary</li><li><a href="http://www.sourcewatch.org/index.php?title=D.Jeffrey_Hollingsworth&action=edit&redlink=1" class="new" title="D. Jeffrey Hollingsworth (page does not exist)">D. Jeffrey Hollingsworth</a>, Foundation Assistant Secretary</li><li><a href="http://www.sourcewatch.org/index.php?title=Peter_De_Angelo&action=edit&redlink=1" class="new" title="Peter De Angelo (page does not exist)">Peter De Angelo</a>, Foundation Treasurer</li></ul>

<table style="text-align: center; width: 80%;" border="1" cellpadding="3%" cellspacing="0"><tbody><tr><th colspan="3" style="text-align: center;" bgcolor="goldenrod">Robert Novak Fellowships</th></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Ryan_T.Anderson&action=edit&redlink=1" class="new" title="Ryan T. Anderson (page does not exist)">Ryan T. Anderson</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Scott_Thomas_Anderson&action=edit&redlink=1" class="new" title="Scott Thomas Anderson (page does not exist)">Scott Thomas Anderson</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Megan_Basham&action=edit&redlink=1" class="new" title="Megan Basham (page does not exist)">Megan Basham</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Sheryl_Blunt&action=edit&redlink=1" class="new" title="Sheryl Blunt (page does not exist)" style="background-color: rgb(255, 255, 102);">Sheryl Blunt</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Max_Borders&action=edit&redlink=1" class="new" title="Max Borders (page does not exist)">Max Borders</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Chad_Bowman&action=edit&redlink=1" class="new" title="Chad Bowman (page does not exist)">Chad Bowman</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Brian_Brown&action=edit&redlink=1" class="new" title="Brian Brown (page does not exist)">Brian Brown</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Sonny_Bunch&action=edit&redlink=1" class="new" title="Sonny Bunch (page does not exist)">Sonny Bunch</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Amy_Bushatz&action=edit&redlink=1" class="new" title="Amy Bushatz (page does not exist)">Amy Bushatz</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Colleen_Carroll_Campbell&action=edit&redlink=1" class="new" title="Colleen Carroll Campbell (page does not exist)">Colleen Carroll Campbell</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Reilly_Capps&action=edit&redlink=1" class="new" title="Reilly Capps (page does not exist)">Reilly Capps</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Tim_Carney&action=edit&redlink=1" class="new" title="Tim Carney (page does not exist)">Tim Carney</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Damien_Cave&action=edit&redlink=1" class="new" title="Damien Cave (page does not exist)">Damien Cave</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Michael_Chapman&action=edit&redlink=1" class="new" title="Michael Chapman (page does not exist)">Michael Chapman</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Jeff_Chu&action=edit&redlink=1" class="new" title="Jeff Chu (page does not exist)">Jeff Chu</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Paulette_Chu_Miniter&action=edit&redlink=1" class="new" title="Paulette Chu Miniter (page does not exist)">Paulette Chu Miniter</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Cheryl_K.Chumley&action=edit&redlink=1" class="new" title="Cheryl K. Chumley (page does not exist)">Cheryl K. Chumley</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Drew_Cline&action=edit&redlink=1" class="new" title="Drew Cline (page does not exist)">Drew Cline</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php/Eric_Cohen" title="Eric Cohen">Eric Cohen</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Matthew_Continetti&action=edit&redlink=1" class="new" title="Matthew Continetti (page does not exist)">Matthew Continetti</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Brendan_Conway&action=edit&redlink=1" class="new" title="Brendan Conway (page does not exist)">Brendan Conway</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Jessica_Corry&action=edit&redlink=1" class="new" title="Jessica Corry (page does not exist)">Jessica Corry</a></td><td><a href="http://www.sourcewatch.org/index.php/Paul_Crespo" title="Paul Crespo">Paul Crespo</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Duncan_Currie&action=edit&redlink=1" class="new" title="Duncan Currie (page does not exist)">Duncan Currie</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Rachel_DiCarlo_Currie&action=edit&redlink=1" class="new" title="Rachel DiCarlo Currie (page does not exist)">Rachel DiCarlo Currie</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Jennifer_Kabbany_Dawson&action=edit&redlink=1" class="new" title="Jennifer Kabbany Dawson (page does not exist)">Jennifer Kabbany Dawson</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Lila_de_Tantillo&action=edit&redlink=1" class="new" title="Lila de Tantillo (page does not exist)">Lila de Tantillo</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php/Brett_Decker" title="Brett Decker">Brett Decker</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Jesse_DeConto&action=edit&redlink=1" class="new" title="Jesse DeConto (page does not exist)">Jesse DeConto</a></td><td><a href="http://www.sourcewatch.org/index.php?title=David_Donadio&action=edit&redlink=1" class="new" title="David Donadio (page does not exist)">David Donadio</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Michael_Dougherty&action=edit&redlink=1" class="new" title="Michael Dougherty (page does not exist)">Michael Dougherty</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Gary_Emerling&action=edit&redlink=1" class="new" title="Gary Emerling (page does not exist)">Gary Emerling</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Mario_Fantini&action=edit&redlink=1" class="new" title="Mario Fantini (page does not exist)">Mario Fantini</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php/John_Gehring" title="John Gehring">John Gehring</a></td><td><a href="http://www.sourcewatch.org/index.php/Michael_Goldfarb" title="Michael Goldfarb">Michael Goldfarb</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Tony_Gonzalez&action=edit&redlink=1" class="new" title="Tony Gonzalez (page does not exist)">Tony Gonzalez</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Alexander_Halperin&action=edit&redlink=1" class="new" title="Alexander Halperin (page does not exist)">Alexander Halperin</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Nathan_Harden&action=edit&redlink=1" class="new" title="Nathan Harden (page does not exist)">Nathan Harden</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Stephen_F.Hayes&action=edit&redlink=1" class="new" title="Stephen F. Hayes (page does not exist)">Stephen F. Hayes</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Mark_Hemingway&action=edit&redlink=1" class="new" title="Mark Hemingway (page does not exist)">Mark Hemingway</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Mollie_Ziegler_Hemingway&action=edit&redlink=1" class="new" title="Mollie Ziegler Hemingway (page does not exist)">Mollie Ziegler Hemingway</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Daniel_Indiviglio&action=edit&redlink=1" class="new" title="Daniel Indiviglio (page does not exist)">Daniel Indiviglio</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Jeffrey_Jackson&action=edit&redlink=1" class="new" title="Jeffrey Jackson (page does not exist)">Jeffrey Jackson</a></td><td><a href="http://www.sourcewatch.org/index.php/Charles_Johnson" title="Charles Johnson" class="mw-redirect">Charles Johnson</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Judith_Jolma&action=edit&redlink=1" class="new" title="Judith Jolma (page does not exist)">Judith Jolma</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Elise_Jordan&action=edit&redlink=1" class="new" title="Elise Jordan (page does not exist)">Elise Jordan</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Travis_Kavulla&action=edit&redlink=1" class="new" title="Travis Kavulla (page does not exist)">Travis Kavulla</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Meghan_Keane&action=edit&redlink=1" class="new" title="Meghan Keane (page does not exist)">Meghan Keane</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php/David_Keyes" title="David Keyes">David Keyes</a></td><td><a href="http://www.sourcewatch.org/index.php?title=James_Kirchick&action=edit&redlink=1" class="new" title="James Kirchick (page does not exist)">James Kirchick</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Andrea_Seton_Kirk&action=edit&redlink=1" class="new" title="Andrea Seton Kirk (page does not exist)">Andrea Seton Kirk</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Emily_Krone&action=edit&redlink=1" class="new" title="Emily Krone (page does not exist)">Emily Krone</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Aleksandra_Kulczuga&action=edit&redlink=1" class="new" title="Aleksandra Kulczuga (page does not exist)">Aleksandra Kulczuga</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Joshua_Kwan&action=edit&redlink=1" class="new" title="Joshua Kwan (page does not exist)">Joshua Kwan</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Jacob_Laksin&action=edit&redlink=1" class="new" title="Jacob Laksin (page does not exist)">Jacob Laksin</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Jonathan_V.Last&action=edit&redlink=1" class="new" title="Jonathan V. Last (page does not exist)">Jonathan V. Last</a></td><td><a href="http://www.sourcewatch.org/index.php/Christian_Lowe" title="Christian Lowe">Christian Lowe</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Sam_MacDonald&action=edit&redlink=1" class="new" title="Sam MacDonald (page does not exist)">Sam MacDonald</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Shawn_Macomber&action=edit&redlink=1" class="new" title="Shawn Macomber (page does not exist)">Shawn Macomber</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Katherine_Mangu-Ward&action=edit&redlink=1" class="new" title="Katherine Mangu-Ward (page does not exist)">Katherine Mangu-Ward</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Cara_Hughes_Marcano&action=edit&redlink=1" class="new" title="Cara Hughes Marcano (page does not exist)">Cara Hughes Marcano</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Diana_Marrero&action=edit&redlink=1" class="new" title="Diana Marrero (page does not exist)">Diana Marrero</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Stacy_Mattingly&action=edit&redlink=1" class="new" title="Stacy Mattingly (page does not exist)">Stacy Mattingly</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Daniel_McAdams&action=edit&redlink=1" class="new" title="Daniel McAdams (page does not exist)">Daniel McAdams</a></td><td><a href="http://www.sourcewatch.org/index.php?title=John_McCormack&action=edit&redlink=1" class="new" title="John McCormack (page does not exist)">John McCormack</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Meg_McDonnell&action=edit&redlink=1" class="new" title="Meg McDonnell (page does not exist)">Meg McDonnell</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Ashley_McGuire&action=edit&redlink=1" class="new" title="Ashley McGuire (page does not exist)">Ashley McGuire</a></td><td><a href="http://www.sourcewatch.org/index.php?title=William_McMorris&action=edit&redlink=1" class="new" title="William McMorris (page does not exist)">William McMorris</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Tony_Mecia&action=edit&redlink=1" class="new" title="Tony Mecia (page does not exist)">Tony Mecia</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Jillian_Melchior&action=edit&redlink=1" class="new" title="Jillian Melchior (page does not exist)">Jillian Melchior</a></td><td><a href="http://www.sourcewatch.org/index.php/John_Meroney" title="John Meroney">John Meroney</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Cheryl_Miller&action=edit&redlink=1" class="new" title="Cheryl Miller (page does not exist)">Cheryl Miller</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Marlon_Millner&action=edit&redlink=1" class="new" title="Marlon Millner (page does not exist)">Marlon Millner</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Kathleen_Monaghan&action=edit&redlink=1" class="new" title="Kathleen Monaghan (page does not exist)">Kathleen Monaghan</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Stephen_Robert_Morse&action=edit&redlink=1" class="new" title="Stephen Robert Morse (page does not exist)">Stephen Robert Morse</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Anna_Moya&action=edit&redlink=1" class="new" title="Anna Moya (page does not exist)">Anna Moya</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Lygia_Navarro&action=edit&redlink=1" class="new" title="Lygia Navarro (page does not exist)">Lygia Navarro</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Maura_O%27Connor&action=edit&redlink=1" class="new" title="Maura O'Connor (page does not exist)">Maura O'Connor</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Shai_Oster&action=edit&redlink=1" class="new" title="Shai Oster (page does not exist)">Shai Oster</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Mike_Porath&action=edit&redlink=1" class="new" title="Mike Porath (page does not exist)">Mike Porath</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Dan_Richardson&action=edit&redlink=1" class="new" title="Dan Richardson (page does not exist)">Dan Richardson</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Naomi_Schaefer_Riley&action=edit&redlink=1" class="new" title="Naomi Schaefer Riley (page does not exist)">Naomi Schaefer Riley</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Matthew_Robinson&action=edit&redlink=1" class="new" title="Matthew Robinson (page does not exist)">Matthew Robinson</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Catherine_Edwards_Sanders&action=edit&redlink=1" class="new" title="Catherine Edwards Sanders (page does not exist)">Catherine Edwards Sanders</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=David_Sanders&action=edit&redlink=1" class="new" title="David Sanders (page does not exist)">David Sanders</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Read_Mercer_Schuchardt&action=edit&redlink=1" class="new" title="Read Mercer Schuchardt (page does not exist)">Read Mercer Schuchardt</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Todd_Seavey&action=edit&redlink=1" class="new" title="Todd Seavey (page does not exist)">Todd Seavey</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Bretigne_Shaffer&action=edit&redlink=1" class="new" title="Bretigne Shaffer (page does not exist)">Bretigne Shaffer</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Carrie_Sheffield&action=edit&redlink=1" class="new" title="Carrie Sheffield (page does not exist)">Carrie Sheffield</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Evelina_Shmukler&action=edit&redlink=1" class="new" title="Evelina Shmukler (page does not exist)">Evelina Shmukler</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Thomas_Sileo&action=edit&redlink=1" class="new" title="Thomas Sileo (page does not exist)">Thomas Sileo</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Nick_Slepko&action=edit&redlink=1" class="new" title="Nick Slepko (page does not exist)">Nick Slepko</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Jaime_Sneider&action=edit&redlink=1" class="new" title="Jaime Sneider (page does not exist)">Jaime Sneider</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Mark_Stricherz&action=edit&redlink=1" class="new" title="Mark Stricherz (page does not exist)">Mark Stricherz</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Peter_Suderman&action=edit&redlink=1" class="new" title="Peter Suderman (page does not exist)">Peter Suderman</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Katherine_Truesdell&action=edit&redlink=1" class="new" title="Katherine Truesdell (page does not exist)">Katherine Truesdell</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Rich_Trzupek&action=edit&redlink=1" class="new" title="Rich Trzupek (page does not exist)">Rich Trzupek</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Laura_Vanderkam&action=edit&redlink=1" class="new" title="Laura Vanderkam (page does not exist)">Laura Vanderkam</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Robert_VerBruggen&action=edit&redlink=1" class="new" title="Robert VerBruggen (page does not exist)">Robert VerBruggen</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Beth_Henary_Watson&action=edit&redlink=1" class="new" title="Beth Henary Watson (page does not exist)">Beth Henary Watson</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Heather_Wilhelm&action=edit&redlink=1" class="new" title="Heather Wilhelm (page does not exist)">Heather Wilhelm</a></td><td><a href="http://www.sourcewatch.org/index.php?title=Pamela_Winnick&action=edit&redlink=1" class="new" title="Pamela Winnick (page does not exist)">Pamela Winnick</a></td></tr><tr><td><a href="http://www.sourcewatch.org/index.php?title=Isaac_Wolf&action=edit&redlink=1" class="new" title="Isaac Wolf (page does not exist)">Isaac Wolf</a></td></tr><tr><th colspan="3" style="text-align: left;" bgcolor="goldenrod">Source:

[<a rel="nofollow" class="external free" href="http://www.thephillipsfoundation.org/#fellows/all/novak_profiles.cfm">http://www.thephillipsfoundation.org/#fellows/all/novak_profiles.cfm</a>

Phillips Fellowship Profiles] Accessed: 10 October 2011.</th></tr></tbody></table>

<h2> Contact Information</h2>

Website: <a rel="nofollow" class="external text" href="http://www.thephillipsfoundation.org/">www.thephillipsfoundation.org</a>
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<div><div class="post">Mr. Milloy and Mr. Borelli (and Mrs. Borelli too, via her husband) have worked together and in parallel since at least 1993, manipulating science to serve their ideological and political ends. During that time they’ve been funded by Philip Morris, Exxon Mobile, and some of the largest conservative foundations in the United States.But while they may not have worked alongside each other for much of that period, they do now: Mr. Milloy and Mr. Borelli are not only co-directors of the FEEI, but they’re both advisers for their politically conservative mutual fund,<a href="http://www.freeenterpriseactionfund.com/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">the Free Enterprise Action Fund (FEAFund)</a>.As advisers to the FEAFund, Mr. Milloy and Mr. Borelli split a 1.25% commission. According to <a href="http://www.freeenterpriseactionfund.com/FEAF_Annual.pdf" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">the FEAFund’s annual report for 2006</a>, the commission was just over $75,000. While this is a significant amount of money, it’s in addition to the $355,000 Mr. Milloy earned via FEEI and to the estimated $130,000 earned annually by the law and business consulting firm “Steven J. Milloy Inc.” (data available from <a href="http://www.manta.com/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Manta.com</a>). When combined, Mr. Milloy’s approximately $500,000 income would be more than sufficient for him to “self-fund” both JunkScience.com,DemandDebate.com, and all his other web projects out of his own personal wealth. Whether he actually does so is an open question.As mentioned above, Mr. Milloy earned a hefty “consulting fee” from CFIS that was largely paid by ExxonMobil. Unfortunately, I haven’t been able to dig deeper into “Steven J. Milloy Inc.” to find out whom Mr. Milloy’s legal and consulting clients are. At least, not yet. But because it’s federal law that the identities of a mutual fund’s principle investors are public information, and because I hadn’t ever seen these investors detailed during my research, I chose totrack down the main sponsors of Mr. Milloy’s FEAFund. Their backing is what enables Mr. Milloy to earn an advisory commission on the FEAFund’s assets, and as such they qualify as indirect backers of Mr. Milloy’s efforts via JunkScience.com and DemandDebate.com.As of April 1, 2007, <a href="http://www.secinfo.com/dsVS7.u3Fe.htm#9jmi" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">SEC documents show</a> that there were eight investors who held more than 5% of the Free Enterprise Action Fund, of which seven held 9% or greater. These seven are William Dunn (19%), Arthur Dantchik (10%), Thomas L. Phillips (10%), Robert A. Levy (10%), the Claws Foundation (9%), The Randolph Foundation (9%), and Donors Capitol Fund (9%). These seven investors control a combined total of 76% of the total assets of the fund.The largest shareholder, William Dunn of Stuart, Florida, is the director of Dunn Capitol Management and the founder of <a href="http://dunns-foundation-for-the-advancement-of-right-thinking.idilogic.aidpage.com/dunns-foundation-for-the-advancement-of-right-thinking/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Dunn’s Foundation for the Advancement of Right Thinking</a>. William A. Dunn of Stuart, Florida is also a director of the <a href="http://www.cei.org/pages/bdunn.cfm" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Competitive Enterprise Institute</a>. In addition, he is a Director and a member of the Board of Trustees for the <a href="http://www.reason.org/faqs.shtml" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Reason Foundation</a> and a Director of the <a href="http://www.perc.org/about.php?id=719" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Property and Environment Research Center</a>(PERC). If you’ll recall from yesterday’s post, Mr. Milloy’s associate Kenneth P. Green (currently of the American Enterprise Institute) used to work for the Reason Foundation and Mr. Milloy himself works with the Competitive Enterprise Institute.Dunn’s Foundation for the Advancement of Right Thinking gave away over <a href="http://dunns-foundation-for-the-advancement-of-right-thinking.idilogic.aidpage.com/dunns-foundation-for-the-advancement-of-right-thinking/index.b124.u138.htm#GranteesList" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">$3 million in grants in 2004 alone</a>, with much of that money going to organizations associated in some way with Mr. Milloy or people he knows: $445,000 to the CEI, $370,000 to the Institute for Justice (see Arthur Dantchik below), $370,000 to PERC, $308,000 to the Reason Foundation, $185,000 to the Cato Institute, and $25,000 to the AEI. Some of the other backers for both the CEI, PERC, and Reason Foundation have been the <a href="http://www.mediatransparency.org/recipientsoffunder.php?funderID=9" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Charles G. Koch</a> and the <a href="http://www.mediatransparency.org/recipientsoffunder.php?funderID=10" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">David H. Koch</a> Charitable Foundations. The Charles G. Koch foundation funds the CEI and PERC to the tune of almost $60,000 and $15,000 respectively. The David H. Koch foundation granted $315,000 to the CEI between 1995 and 2001 and over $1.5 million to the Reason Foundation between 1986 and 2001.The next largest shareholder in the FEAFund is Arthur Dantchik of Bela Cynwyd, Pennsylvania. Mr. Dantchik is one of the founders of the Susquehanna Investment Group and is a Director for the <a href="http://www.ij.org/profile/board/index.html" style="text-decoration: none; color: rgb(0, 51, 153); outline: none;">Institute for Justice</a>. He works with fellow FEAFund shareholder and Cato Institute director/senior fellow Robert A. Levy (see below) at the aforementioned Institute for Justice. In addition, he is on the board of directors for another FEAFund shareholder, the Claws Foundation. According to Claws Foundation’s 2006 IRS Form 990-PF, one of Mr. Dantchik’s fellow Claws Foundation directors is a co-founder of the Susquehanna Investment Group and director of the <a href="http://www.cato.org/people/directors.html" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Cato Institute</a>, Jeffrey Yass. The other director of the Claws Foundation is Alan P. Dye, a director of<a href="http://www.freedomhouse.org/template.cfm?boardmember=12&page=10" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Freedom House</a> and <a href="http://www.ronpaul2008.com/contact/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">legal counsel to the Ron Paul for President campaign</a>. The Claws Foundation itself is not a political organization – it exists largely to fund medical research.Since 1999, Mr. Dantchik has given over <a href="http://www.opensecrets.org/indivs/search.asp?key=karmt&txtName=Dantchik,%20arthur&txtAll=Y&Order=N&Cycles=A&page=2" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">$263,000 to conservative causes, including approximately $22,000 to 2004 congressional candidates outside of his own state of Pennsylvania</a>. Mr. Dantchik’s Institute for Justice has received a total of <a href="http://www.mediatransparency.org/recipientsoffunder.php?funderID=9" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">$265,000 in donations from the Charles G. Koch Charitable Foundation from 1986 through 2005</a>, another $1.35 million from the <a href="http://www.mediatransparency.org/recipientsoffunder.php?funderID=10" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">David H. Koch Charitable Foundation</a> between 1995 and 2001, and over $1.1 million from the <a href="http://www.mediatransparency.org/recipientfundergrants.php?funderID=3&recipientID=170" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Sarah Scaife Foundation</a> between 1992 and 2005. The Institute for Justice also received over $2 million from <a href="http://www.mediatransparency.org/recipientfundergrants.php?funderID=1&recipientID=170" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">The Lynde and Harry Bradley Foundation</a> between 1992 and 2005, a massive conservative foundation that has also given extensively to the AIE (over $17 million between 1987 and 2005), the National Center for Policy Analysis (nearly $1.5 million), the Reason Foundation (nearly $1 million), the Cato Institute (about $860,000), the CEI (about $770,000), PERC (about $600,000), and the Thomas L. Phillips’ Philips Foundation (about $560,000), all between the mid 1980s and 2005. Thomas L. Phillips, creator of the Thomas L. Phillips Revocable Trust of McLean, Virginia, is another principle investor. Mr. Phillips has donated some money to local <a href="http://www.city-data.com/elec/elec-MCLEAN-VA.html" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">McLean, VA political races</a> and is the CEO of Phillips International, the parent company to the <a href="http://www.thephillipsfoundation.org/" style="text-decoration: none; color: rgb(0, 51, 153); outline: none;">Phillips Foundation</a>, <a href="http://www.eaglepub.com/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">Eagle Publishing</a>, and <a href="http://www.healthydirections.com/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">Healthy Directions LLC</a>(formerly Phillips Health). The Phillips Foundation is a non-profit foundation that offers journalism fellowships for journalists “who share the Foundation’s mission to advance constitutional principles, a democratic society and a vibrant free enterprise system,” with special fellowships for writing on the environment from a free-market perspective. Most of the <a href="http://www.thephillipsfoundation.org/index.php?q=node/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">Phillips Foundation trustees</a> are associated with Phillips International in some way. Thomas Phillips is obvious, but the president of conservative uber-publisher Regnery Publishing, Alfred S Regnery, is another trustee, as is Eagle Publishing director Thomas A. Fuentes. Eagle Publishing is the parent company for <a href="http://www.regnery.com/index.html" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">Regnery Publishing</a>, the publisher of the “Politically Incorrect Guides” and books like <a href="http://www.regnery.com/books/unfitforcommand.html" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">Unfit for Command</a> and <a href="http://www.regnery.com/books/meninblack.html" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">Men in Black</a>. Eagle Publishing also publishes the Evans-Novak Political Report, conservative “news” source <a href="http://www.humanevents.com/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">Human Events</a> (which counts Ann Coulter as the legal affairs editor and Ms. Coulter, Newt Gingrich, Pat Buchanan, Robert Novak, Sen. James Imhoffe, Rush Limbaugh, Phyllis Schlafly, Michelle Malkin, Bill O’Reilly, and other conservative luminaries as commentators), and runs the <a href="http://www.conservativebookclub.com/DefaultJoin.asp?" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">Conservative Book Club</a>. In addition, Mr. Phillips has given significant support to <a href="http://www.nccfpac.com/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">the National Conservative Campaign Fund (NCCF)</a>, a group whose <a href="http://www.nccfpac.com/officers.cfm" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">directors and advisory board</a> are composed of <a href="http://www.hartwilliams.com/blog/2006/07/unlimited-terms-of-endearment-part-vii.html" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">Phillips and most of the rest of the leaders of the Phillips Foundation</a>. Mr. Phillips’ connections at the NCCF are good enough to have had <a href="http://www.nccfpac.com/events.cfm" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none; background-color: rgb(255, 255, 255);">Vice President Dick Cheney to come over for an NCCF reception at the Phillips’ home</a>.Mr. Phillips has donated over $124,000 in support of conservative causes and elections since 1996, and his National Conservative Campaign Fund has given approximately $532,000 to Republican candidates since the 2000 election cycle (Source: <a href="http://www.opensecrets.org/pacs/lookup2.asp?strid=C00348359&cycle=2008" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Opensecrets.org</a>). In 2006, the Phillips Foundation raised $68,000 from Phillips International, $10,000 from Foundation trustee Robert Novak, and $5,000 from the Randolph Foundation, another significant investor in the Mr. Milloy’s FEAFund, and it has also received over <a href="http://www.mediatransparency.org/recipientsoffunder.php?funderID=9" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">$107,000 from the Charles G. Koch Charitable Foundation from 2002 to 2005</a>.<a href="http://www.scholarsandrogues.com/2007/11/28/we-berate-you-deride-a-look-at-steven-j-milloys-current-affiliates-and-backers/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">http://www.scholarsandrogues.com/2007/11/28/we-berate-you-deride-a-look-at-steven-j-milloys-current-affiliates-and-backers/</a> As I mentioned above, the <a href="http://www.mediatransparency.org/funderprofile.php?funderID=21" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Randolph Foundation</a> is another significant investor in Mr. Milloy’s FEAFund.Randolph Foundation trustee James Q. Wilson is also Chairman of the AEI’s <a href="http://www.aei.org/about/filter.,contentID.20038142214500076/default.asp" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Council of Academic Advisers</a>. The Randolph Foundation is a relatively new conservative foundation, so there’s not a lot of information on them available, but the 2005 Form 990 shows that the Foundation is a significant donor to the AEI ($50,000) and the CEI ($18,000) and, as mentioned above, a minor donor to the Phillips Foundation.And while we’re on the topic of the AEI, we should probably point out that another major conservative fund, the<a href="http://www.scaife.com/sarah06.pdf" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Sarah Scaife Foundation</a>, gave the AEI $575,000 in 2006, along with $60,000 for the Cato Institute, $350,000 for the CEI, $125,000 for the <a href="http://www.ncpa.org/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">National Center for Policy Analysis</a> (where Mr. Milloy’s associate and AEI “briber”Ken Green is an environment expert), and another $125,000 to the Reason Foundation.The second to last of the major investors is Robert A. Levy LLC, a business founded of Silver Spring Maryland. Robert A. Levy, <a href="http://www.washingtonpost.com/wp-dyn/content/article/2007/03/17/AR2007031701055_pf.html" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">formerly of Silver Spring</a> and presently residing in Florida, is the <a href="http://www.cato.org/people/levy.html" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Senior Fellow in Constitutional Studies and a member of the Board of Directors at the Cato Institute</a>. Mr. Levy gave<a href="http://legacy.library.ucsf.edu/tid/cdj02d00/pdf" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Congressional testimony regarding the global tobacco settlement</a>, specifically suggesting that the settlement was “a shameful document, extorted by public officials who have perverted the rule of law to tap the deep pockets of a feckless and friendless industry.” Given that Mr. Levy still works for the Cato Institute with Dr. Michael Gough, and Dr. Gough is associated with Mr. Milloy through CFIS, it’s not unreasonable that Mr. Levy would be in a position to become a major shareholder in the FEAFund.The last major investor is <a href="http://www.donorscapitalfund.org/home.html" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Donors Capital Fund (DCFund)</a>, a large fund associated with <a href="http://www.donorstrust.org/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Donors Trust</a>, a group that professes to be “the sole donor-advised plan dedicated to promoting a free society and serving donors who serve that purpose.” Several of the directors of DCFund have connections to groups that are related to Mr. Milloy directly or through other avenues. For example, two of the directors are associated with the American Enterprise Institute, namely <a href="http://www.donorscapitalfund.org/home.html?x=6" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">AEI’s President, Christopher DeMuth</a>, and <a href="http://www.donorscapitalfund.org/home.html?x=6" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Steven F. Hayward, the F.K Weyerhaeuser Fellow in Law and Economics</a>. DCFund co-founder and Executive Director Whitney L. Ball once served as the Director of Development for the Cato Institute, is presently associated with <a href="http://www.philanthropyroundtable.org/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">The Philanthropy Roundtable</a> and, via that association is also connected to <a href="http://www.philanthropyroundtable.org/content.asp?pl=406&contentid=434" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Philanthropy Roundtable Vice-Chairman</a> and Randolph Foundation director Heather R. Higgins. Director Walter H. Mellor is the co-founder and President of the Institute for Justice, the same organization that fellow FEAFund principle investor Arthur Dantchik is a director of. The President of Donors Trust, Kimberly O. Dennis, is also the Executive Director of the <a href="http://www.searlefreedomtrust.org/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Searle Freedom Trust</a>, is Secretary for the Philanthropy Roundtable, and is a Director of PERC alongside fellow FEAFund principle investor William Dunn.In addition to all the personal connections between the various investors and the DCFund, the DCFund has also granted a total of $23,000 to the AEI, $44,000 to the Cato Institute, $36,000 to the Reason Foundation, and $12,000 each to the CEI and Institute for Justice in 2006 alone (from the 2006 Form 990).These connections are what I could find via the various foundations’ websites and public FEC, SEC, and IRS documents. However, over the years there have been many more connections between Mr. Milloy and various corporations, conservative individuals, and conservative foundations. Given Mr. Milloy’s history of working for businesses who want to discredit profit-suppressing scientific data and his connections throughout the entire conservative money machine, it’s probably reasonable to guess that his financial backers for any particular project are the groups or individuals with the most to lose – ExxonMobil and Shell Oil vs. global heating, Philip Morris vs. second-hand tobacco smoke, Monsanto et al vs. Horizon Organic, etc.Mr. Milloy’s connections to the tobacco lawsuits in the 1990s as an official supplier of deceit and “junk science” casts a long shadow over his credibility, but he could have escaped that shadow by now if he had ever chosen to do so. Instead, Mr. Milloy continues to associate with purveyors of scientific propaganda and disinformation such as Kenneth Green of the AEI, Thomas and Deneen Borelli of the National Center for Public Policy Research, Michael Gough of the Cato Institute, and both the Competitive Enterprise Institute and Fox News in toto. In addition, via what little we’ve been able to glean about who funds Mr. Milloy’s various websites and institutes, it’s obvious that he’s continued a pattern of working for corporations (and their direct representatives) who have a vested interest in manipulating and distorting science to their particular ends. As such, even ifDemandDebate.com’s survey of the IPCC “scientific consensus” were scientific, Mr. Milloy’s history and associations make him a dubious source for anything resembling real science, his publication of the ironically-titled <a href="http://www.junkscience.com/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">JunkScience.com</a> notwithstanding.It’s important to understand that Mr. Milloy’s connections with the AEI, CEI, Cato Institute, Reason Foundation, and through them to the Randolph Foundation, Philanthropy Roundtable, Donors Capital Fund and Trust, the Phillips Foundation, PERC, et al doesn’t mean that Mr. Milloy is the guiding force behind these connections. He is a single thread, albeit an important one, in an intricate tapestry of denial and misrepresentation of science in the service of conservative ideology. Through the deep pockets of his various corporate and conservative supporters over the years, he’s become a very effective conservative soldier in the war for the minds, and votes, of the people.Mr. Milloy’s connections and access to money fostered over years make him a very effective conservative soldier in the culture wars. And he’s not alone – the very same people who back Mr. Milloy also back Ken Green, Tom and Deneen Borelli, Michael Gough, John Yoo, C. Boyden Gray, to name just a few. Backed by money from corporations and wealthy conservative foundations, Mr. Milloy and his ilk attempt to use propaganda to further their own ideological ends, in this case by fostering a false sense of scientific uncertainty over global heating when in fact there is a <a href="http://www.scholarsandrogues.com/2007/07/23/anti-global-heating-claims-a-reasonably-thorough-debunking/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">great deal of certainty about the science of global heating</a>. And they won’t go away just because President Bush leaves office in January 2009 – they have too much to lose, ideologically and financially, to just roll over and go away when their <a href="http://www.whitehouse.gov/news/releases/2003/02/20030226-11.html" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">favorite President</a> has finished his second term.Next time you read about something from JunkScience.com, DemandDebate.com, StopLabelingLies.com, the Competitive Enterprise Institute, or watch Steve Milloy on Fox News, remember who the source is.Monday: <a href="http://www.scholarsandrogues.com/2007/11/26/we-berate-you-deride-demanddebatecoms-survey-on-the-scientific-consensus-surrounding-global-heating/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">DemandDebate.comâ€™s survey on the scientific consensus surrounding global heating</a>
Yesterday: <a href="http://www.scholarsandrogues.com/2007/11/27/we-berate-you-deride-a-closer-look-at-the-background-of-steven-j-milloy-executive-director-of-demanddebatecom/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">A closer look at the background of Steven J. Milloy, executive director of DemandDebate.com</a>Many of the sources below were created specifically to enable citizens and patriots like all of us to track the influence of money on politics at all levels. They are relatively simple to use and enable anyone who is concerned about the corrupting influence of money on politics to hold their various political representatives’ feet to the proverbial fire. I used each of them repeatedly and regularly in the process of researching this series.<ul style="background-color: rgb(255, 255, 255);"><li><a href="http://www.sunlightfoundation.com/resources" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Sunlight Foundation’s list of Insanely Useful Sites</a></li><li><a href="http://www.sourcewatch.org/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">SourceWatch.org</a></li><li><a href="http://legacy.library.ucsf.edu/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">The Legacy Tobacco Documents Library</a></li><li><a href="http://www.exxonsecrets.org/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">ExxonSecrets.org</a></li><li><a href="http://www.guidestar.com/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Guidestar</a></li><li><a href="http://www.opensecrets.org/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">OpenSecrets.org</a></li><li><a href="http://www.mediatransparency.org/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">MediaTransparency.org</a></li></ul>
Related posts (automated):<ol style="background-color: rgb(255, 255, 255);"><li><a href="http://www.scholarsandrogues.com/2007/11/27/we-berate-you-deride-a-closer-look-at-the-background-of-steven-j-milloy-executive-director-of-demanddebatecom/" rel="bookmark" title="We Berate, You Deride – A closer look at the background of Steven J. Milloy, executive director of " style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">DemandDebate.com">We Berate, You Deride – A closer look at the background of Steven J. Milloy, executive director of DemandDebate.com</a></li><li><a href="http://www.scholarsandrogues.com/2007/11/26/we-berate-you-deride-demanddebatecoms-survey-on-the-scientific-consensus-surrounding-global-heating/" rel="bookmark" title="We Berate, You Deride – " style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">DemandDebate.com’s survey on the scientific consensus surrounding global heating">We Berate, You Deride – DemandDebate.com’s survey on the scientific consensus surrounding global heating</a></li><li><a href="http://www.scholarsandrogues.com/2008/01/11/an-open-letter-to-steven-milloy/" rel="bookmark" title="An open letter to Steven Milloy" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">An open letter to Steven Milloy</a></li><li><a href="http://www.scholarsandrogues.com/2007/08/22/vip-clinton-backers-want-a-white-vp-apparently/" rel="bookmark" title="VIP Clinton backers want a white VP, apparently" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">VIP Clinton backers want a white VP, apparently</a></li><li><a href="http://www.scholarsandrogues.com/2012/02/09/steve-milloy-is-still-a-fact-fighter-for-hire/" rel="bookmark" title="Steve Milloy is still a fact fighter for hire" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Steve Milloy is still a fact fighter for hire</a></li></ol>  <a href="http://www.scholarsandrogues.com/2007/11/28/we-berate-you-deride-a-look-at-steven-j-milloys-current-affiliates-and-backers/print/" title="Print This Post" rel="nofollow" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Print This Post</a>
<div style="text-align: center; background-color: rgb(255, 255, 255);"><div class="post"><a href="http://www.scholarsandrogues.com/2007/11/28/we-berate-you-deride-a-look-at-steven-j-milloys-current-affiliates-and-backers/trackback/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Copy this link for the trackback URL</a></div></div></div> -----The Free Enterprise Action Fund is a mutual fund set up by <a href="http://www.sourcewatch.org/index.php/Steven_Milloy" title="Steven Milloy" class="mw-redirect" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Steven Milloy</a> and <a href="http://www.sourcewatch.org/index.php/Thomas_J.Borelli" title="Thomas J. Borelli" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Thomas J. Borelli</a>.<a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#cite_note-0" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">[1]</a> Milloy is a <a href="http://www.sourcewatch.org/index.php/Climate_skeptic" title="Climate skeptic" class="mw-redirect" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">climate skeptic</a> and has been a Fox News commentator and a paid advocate for <a href="http://www.sourcewatch.org/index.php/Phillip_Morris" title="Phillip Morris" class="mw-redirect" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Phillip Morris</a>, <a href="http://www.sourcewatch.org/index.php/ExxonMobil" title="ExxonMobil" class="mw-redirect" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">ExxonMobil</a>and other corporations. He is the founder of JunkScience.com. Borelli was formerly a tobacco scientist at Phillip Morrisand is a senior fellow at the National Center for Public Policy Research. The Free Enterprise Action Fund aims to counter the trend by corporations to embrace <a href="http://www.sourcewatch.org/index.php/Corporate_Social_Responsibility" title="Corporate Social Responsibility" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">corporate social responsibility</a> and campaigns by activist groups seeking to shift corporate social and environmental policy.On its website it states that the group aimed "to keep businesses focused on business rather than activist-defined CSR, the Fund aims to promote more generally our system of free enterprise. The Fund will direct advocacy and education efforts at corporate managements, institutional shareholders, the media and the public."In the <a href="http://www.sourcewatch.org/index.php/2008_International_Conference_on_Climate_Change" title="2008 International Conference on Climate Change" class="mw-redirect" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">2008 International Conference on Climate Change</a> organized by the <a href="http://www.sourcewatch.org/index.php/Heartland_Institute" title="Heartland Institute" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Heartland Institute</a>, Milloy stated that the Fund aims to "be a problem for managements and shareholders", and that he and Borelli "primarily work through shareholder proposals" to "get the shareholders and CEOs to think about what they're doing". He also stated, "We have filed numerous shareholder proposals with companies in the US <a href="http://www.sourcewatch.org/index.php/Climate_Action_Partnership" title="Climate Action Partnership" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Climate Action Partnership</a>".<a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#cite_note-1" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">[2]</a>During 2005, the Fund underperformed the S&P 500 index by more than 50%, while rewarding its managers with above-average management fees of 2%.<table id="toc" class="toc" style="padding: 0px; margin: 0px; border: 0px; border-image-source: initial; border-image-slice: initial; border-image-width: initial; border-image-outset: initial; border-image-repeat: initial; border-collapse: collapse; color: rgb(0, 0, 0); background-color: rgb(255, 255, 255);"><tbody><tr style="padding: 0px; margin: 0px; border: 0px;"><td style="padding: 0px; margin: 0px; border: 0px;"><div id="toctitle"><h2>Contents</h2> [<a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#" class="internal" id="togglelink" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">hide</a>] </div><ul><li class="toclevel-1 tocsection-1"><a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#Finances" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">1 Finances</a></li><li class="toclevel-1 tocsection-2"><a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#Personnel" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">2 Personnel</a></li><li class="toclevel-1 tocsection-3"><a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#Contact_details" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">3 Contact details</a></li><li class="toclevel-1 tocsection-4"><a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#Other_SourceWatch_resources" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">4 Other SourceWatch resources</a></li><li class="toclevel-1 tocsection-5"><a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#Sources" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">5 Sources</a></li><li class="toclevel-1 tocsection-6"><a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#External_links" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">6 External links</a></li></ul></td></tr></tbody></table><h2 style="background-color: rgb(255, 255, 255);">Finances</h2>According to a January 26, 2006 report in the Chicago Tribune, "The fund's advocacy stance boils down to opposing many of the things supported by traditional 'social investment funds,' because issues like <a href="http://www.sourcewatch.org/index.php/Global_warming" title="Global warming" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">global warming</a> or corporate governance distract business from its real role of operating in the best interests of shareholders." However, its performance as an investment has been less than stellar.The Tribune called it the "Stupid Investment of the Week ... Strip away the rhetoric, and you're getting a very expensive, underperforming index fund, while Milloy and partner Thomas Borelli get a platform for raising their pet issues. ... An expense ratio capped at 2 percent--ridiculously high for a portfolio of corporate giants--makes stock market returns unrealistic. From inception on March 1 of last year through Dec. 31, Free Enterprise Action returned 2.32 percent; the S&P 500 returned 4.72 percent. That's ugly."<a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#cite_note-2" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">[3]</a>In 2006, the Independent noted that: "The fund has about $6m (£4m) under management at the moment but claims to be growing fast" and "is supported by a network of right-wing think-tanks including the <a href="http://www.sourcewatch.org/index.php/Heritage_Foundation" title="Heritage Foundation" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Heritage Foundation</a>and the <a href="http://www.sourcewatch.org/index.php/Cato_Institute" title="Cato Institute" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Cato Institute</a>."<a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#cite_note-3" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">[4]</a><h2 style="background-color: rgb(255, 255, 255);">Personnel</h2><ul style="background-color: rgb(255, 255, 255);"><li><a href="http://www.sourcewatch.org/index.php/Thomas_J.Borelli" title="Thomas J. Borelli" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Thomas J. Borelli</a></li><li><a href="http://www.sourcewatch.org/index.php/Steven_Milloy" title="Steven Milloy" class="mw-redirect" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Steven Milloy</a></li></ul><h2 style="background-color: rgb(255, 255, 255);">Contact details</h2>Free Enterprise Action Fund
P.O. Box 182490
Columbus, OH 43218-2490
Phone: 301-258-2852
Email: media AT freeenterpriseactionfund.com
Web: <a rel="nofollow" class="external free" href="http://www.freeenterpriseactionfund.com/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">http://www.freeenterpriseactionfund.com</a><h2 style="background-color: rgb(255, 255, 255);">Other SourceWatch resources</h2><ul style="background-color: rgb(255, 255, 255);"><li><a href="http://www.sourcewatch.org/index.php/CSR_Watch.com" title="CSR Watch.com" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">CSR Watch.com</a></li></ul><h2 style="background-color: rgb(255, 255, 255);">Sources</h2><ol class="references" style="background-color: rgb(255, 255, 255);"><li id="cite_note-0"><a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#cite_ref-0" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">↑</a> Kate Sheppard, <a rel="nofollow" class="external text" href="http://motherjones.com/environment/2010/11/tom-borelli-phillip-morris-climate-change" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">"Thank You for Global Warming,"</a> Mother Jones, November 22, 2010</li><li id="cite_note-1"><a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#cite_ref-1" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">↑</a> <a rel="nofollow" class="external text" href="http://www.heartland.org/bin/media/newyork08/audio/Monday/milloy.mp3" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">"How to Stop Climate Change Legislation in the US",</a> Steven Milloy, March 2008.</li><li id="cite_note-2"><a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#cite_ref-2" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">↑</a> <a rel="nofollow" class="external free" href="http://www.chicagotribune.com/business/chi-0601260062jan26,1,7543219.story" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">http://www.chicagotribune.com/business/chi-0601260062jan26,1,7543219.story</a></li><li id="cite_note-3"><a href="http://www.sourcewatch.org/index.php/Free_Enterprise_Action_Fund#cite_ref-3" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">↑</a> <a rel="nofollow" class="external free" href="http://news.independent.co.uk/business/news/article356920.ece" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">http://news.independent.co.uk/business/news/article356920.ece</a></li></ol><h2 style="background-color: rgb(255, 255, 255);">External links</h2><ul style="background-color: rgb(255, 255, 255);"><li>Larry Kudlow, "<a rel="nofollow" class="external text" href="http://www.csrwatch.com/Kudlow_interview.htm" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Steven Milloy of the Free Enterprise Action Fund discusses his organization's work against corporate social responsibility</a>", Kudlow & Company, CNBC, March 28, 2005.</li><li>Kathleen Rhodes, "<a rel="nofollow" class="external text" href="http://www.cnsnews.com/ViewNation.asp?Page=%5CNation%5Carchive%5C200503%5CNAT20050328a.html" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Free Enterprise Mutual Fund Seeks to Counter Leftist Influence</a>", CNSNews.com, March 28, 2005.</li><li>"<a rel="nofollow" class="external text" href="http://www.prwebdirect.com/releases/2005/4/prweb233691.htm" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Free Enterprise Action Fund Requests Audit Committee Review of JP Morgan Chase Capitulation to Social Activist Demands:</a> Action Fund Management, LLC, the investment adviser to the Free Enterprise Action Fund, called for the Audit Committee review", Media Release, April 26, 2005.</li><li>Free Enterprise Action Fund, "<a rel="nofollow" class="external text" href="http://www.freeenterpriseactionfund.com/pdfs/free_enterprise_prospectus.pdf" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Free Enterprise Action Fund Prospectus and Privacy Policy</a>", May 1, 2005.</li><li>Chuck Jaffe, "<a rel="nofollow" class="external text" href="http://www.chicagotribune.com/business/chi-0601260062jan26,1,7543219.story" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">When Making Money Takes Back Seat to Advocacy</a>," Chicago Tribune, January 26, 2006.</li><li>Simon English, "<a rel="nofollow" class="external text" href="http://news.independent.co.uk/business/news/article356920.ece" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Tell Lord Browne that we are coming</a>," The Independent (UK), April 10, 2006.</li><li>Amity Shlaes, "<a rel="nofollow" class="external text" href="http://www.bloomberg.com/apps/news?pid=10000039&sid=af2YTlE9STiM&refer=columnist_shlaes" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Mr. Immelt, Explain Yourself, Fund Says</a>", Bloomberg.com, April 5, 2006.</li><li>Daniel Gross, "<a rel="nofollow" class="external text" href="http://www.slate.com/id/2140997/" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Thank You for Investing: A Very Curious Right-Wing Mutal Fund</a>," Slate.com, May 4, 2006.</li></ul>Published: 10 April 2006<div id="catlinks" class="catlinks" style="background-color: rgb(255, 255, 255);"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="http://www.sourcewatch.org/index.php/Special:Categories" title="Special:Categories" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Categories</a>:<ul><li><a href="http://www.sourcewatch.org/index.php/Category:Front_groups_portal" title="Category:Front groups portal" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Front groups portal</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Climate_change" title="Category:Climate change" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Climate change</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Coal_Issues" title="Category:Coal Issues" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Coal Issues</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Energy" title="Category:Energy" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Energy</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Front_groups" title="Category:Front groups" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Front groups</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Global_warming_fronts" title="Category:Global warming fronts" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Global warming fronts</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Web_fronts" title="Category:Web fronts" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Web fronts</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Consumer_fronts" title="Category:Consumer fronts" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Consumer fronts</a></li><li><a href="http://www.sourcewatch.org/index.php/Category:Environment" title="Category:Environment" style="text-decoration: none; font-weight: bold; color: rgb(0, 51, 153); outline: none;">Environment</a></li></ul></div></div></div><div style="background-color: rgb(255, 255, 255);"></div>==

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