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Board of Trustees

Chairman

Thomas A. Saunders III, Heritage Trustee Since 2005

Prior to founding Saunders Karp & Megrue, a private equity firm, in 1990, Mr. Saunders served as a managing director of Morgan Stanley & Co. from 1974 to 1989. Mr. Saunders serves on a number of boards, but he is particularly interested in higher education and research institutions and has contributed generously to them. He is a member of the Board of Trustees of the Thomas Jefferson Memorial Foundation, where he served as the immediate past chair. He is a past member of the Board of Visitors of the University of Virginia and the Board of Visitors of the Virginia Military Institute. Additionally, Mr. Saunders is the former Chairman of the University of Virginia Darden Graduate School of Business Foundation and was Co-Chair of the recently completed Capital Campaign at the University of Virginia.

Mr. Saunders received his BS from the Virginia Military Institute in 1958 and an MBA from the University of Virginia Darden School in 1967. Mr. Saunders is married to the former Mary Jordan Horner, the daughter of U. S. Marine Corps Major General Matthew C. Horner, deceased. The Saunders reside in New York City and Locust Valley, New York. They have two children, Mrs. Calvert Saunders Moore of New York and Thomas A. Saunders, IV of California, and three grandchildren.

Vice Chairman

Barb Van Andel-Gaby, Heritage Trustee Since 1996

Director, Alticor

Van Andel-Gaby joined the Heritage Board of Trustees in 1996, and was elected vice chairman of the board in 2014. Her father, Jay Van Andel, was a member of the board from 1985 to 2004.

Van Andel-Gaby is a member of the board of directors of Alticor, the parent company of Amway. She previously served as vice president of Amway Hotel Corporation and as CEO of Peter Island Resorts. She retired from this position in 2006.

Van Andel-Gaby is trustee of the Richard and Barbara Gaby Foundation. In addition to funding several charitable organizations, the Gaby Foundation founded the Center for Policy Studies at the Georgia Family Council, which is now called the Georgia Center for Opportunity. Van Andel-Gaby also serves on the board of Advisors for the Arete Scholarship Fund in Atlanta, Georgia.

A dedicated homeschooler since 1998, Van Andel-Gaby has homeschooled all six of her children, three of which have graduated. She is a member of the Georgia Home Education Association, the Home School Legal Defense Association, and several other home school organizations in Georgia. She is also a member of Perimeter Church of Atlanta, Georgia.

Born in Grand Rapids, Michigan, Van Andel-Gaby graduated cum laude with a bachelor’s degree from Hope College in Holland, Michigan, and earned her MBA from Indiana University in Bloomington, Indiana. She is married to Richard D. Gaby.

Meg Allen, Heritage Trustee Since 2009

Director, DRAMLA, S.A., Geneva, Switzerland

Allen co-founded DRAMLA S.A., a logistics and investment management advisory company in Geneva, Switzerland, in 1995. Earlier, she co-founded DRAMLA Consulting U.K., and was responsible for strategic and investment advice and intermediary services for companies looking to establish joint ventures in China.

Allen was born and raised in the United States before moving to London, England. She earned a Bachelor of Science Degree, majoring in accounting and economics, and attended an Investment Management Program at London Business School.

Allen is a trustee of Civitas: The Institute for the Study of Civil Society. Civitas is committed to discovering how best to strengthen democracy, uphold limited government, maintain personal freedom, achieve opportunity for all, and encourage free enterprise. She is also a trustee of the Atlantic Partnership, a bipartisan initiative to foster the transatlantic relationship. And a trustee of the CHEAR Foundation, a charitable organization which supports community, health, education, arts, and sports projects.

Larry P. Arnn, Ph.D. , Heritage Trustee Since 2002

President, Hillsdale College, Hillsdale, Michigan

In 2000, Arnn became the 12th president of Hillsdale College, a liberal arts college founded in 1844 that accepts no federal or state taxpayer subsidies for any of its operations. In 2010, Hillsdale opened its Allan P. Kirby, Jr. Center for Constitutional Studies and Citizenship, which is dedicated to teaching the Constitution, the debate that brought it to life, and the principles that give it meaning. It is located across the street from The Heritage Foundation in Washington, DC.

Arnn studied political science and accounting at Arkansas State University and earned his MA and Ph.D. in government at the Claremont Graduate School. He studied international history at the London School of Economics and modern history at Worcester College at Oxford University and worked as director of research for Sir Martin Gilbert, the official biographer of Winston Churchill. Arnn has studied and taught Churchill without interruption for four decades. In 2012, he assumed responsibility for editing the final six document volumes of the Churchill biography.

In 1985, Arnn became president of the Claremont Institute, a think tank based in southern California. He remained at Claremont until 2000. He is Vice Chairman of the Claremont Institute’s board of directors and a member of the board of directors of the Henry Salvatori Center of Claremont McKenna College. He is also a member of the American Political Science Association, the Mont Pelerin Society, the International Churchill Society, and the Philanthropy Roundtable. He is the author of several books, including Churchill’s Trial (2015), The Founders’ Key (2013), and Liberty and Learning (2004).

Arnn is a 2015 recipient of The Lynde and Harry Bradley Foundation’s Bradley Prize.

The Hon. Belden H. Bell, Heritage Trustee Since 2000

Dr. Belden Bell has served as Counselor to the President of the Heritage Foundation in Washington, D.C. and now serves on the Board of Trustees of that body. A lawyer, author and journalist, Dr. Bell served, from 1985 to 1990 as OAS Ambassador/Director to the Federation of St. Kitts and Nevis. He acted in 1996 as deputy chief of staff to the Jack Kemp Vice Presidential campaign and was an alternate delegate from Virginia to the GOP national convention, and again in 2004. In 2000 he was elected a full delegate from Virginia's 8th District. In 1992 he was the Presidential Elector from Virginia's Eighth District. During the Reagan years he first served as campaign Foreign Policy and Defense Advisors Coordinator under Richard V. Allen, was a member of the State Department Transition Team for President-elect Reagan, and was then named Deputy Assistant Secretary of State for Congressional Affairs. He then served in a similar capacity at USIA. Bell has also served as Deputy Attorney General of Indiana and had a long career as a senior congressional aide, including serving as deputy director of the House Republican Study Committee. In 1976 he was Republican nominee for Congress, losing the general election by 4/10 of 1%. Dr. Bell is an Eisenhower Fellow ( ROC-Taiwan), and has been an international observer in national elections in Zimbabwe and The Island of Nevis. He formerly practiced law in Evansville, Indiana and was assistant tri-state editor of the Evansville Courier. He has just completed a four-year term on the Board of Visitors for The College of William and Mary and now serves on the Richard Bland College Foundation board. He was educated at Dartmouth College, Indiana University (BA) and Emory University Law School (Doctor of Laws).

Bell authored Nicaragua: An Ally Under Siege and has written two newspaper columns. He has contributed articles to Human Events and the Washington Post. The Bells are the parents of three daughters, and live with several dogs and an unrepentant parrot. They make their home in Marshall, Fauquier County, Virginia, where Bell is a member of the Fauquier GOP Committee. He serves as an Elder in Warrenton Presbyterian Church.

Jim DeMint, Heritage Trustee Since 2013

President, The Heritage Foundation, Washington, D.C.

Jim DeMint assumed the presidency of The Heritage Foundation on April 3, 2013, following a three-month transition as president-elect after stepping down from the U.S. Senate seat to which South Carolinians twice elected him. Heritage’s policy research had influenced his decision in 1998 to run for a seat in the House of Representatives; six years later, those policy solutions inspired him after his 2004 election to the Senate to build and lead a resurgent conservative caucus there.

Before serving in Congress, he ran the DeMint Group, a Greenville, S.C.-based marketing research and strategic planning business that he formed in 1983. Previously, he worked for 10 years in the research, advertising and marketing field. He was active in Greenville civic life, volunteering and leading in his Presbyterian church and numerous charitable organizations.

He holds a bachelor of science degree in communications from the University of Tennessee and a master’s degree in business administration from Clemson University. He is the author of the books Falling in Love with America Again (2014), Now or Never (2012), The Great American Awakening (2011), Saving Freedom (2009), and Why We Whisper (2007).

Edwin J. Feulner, Heritage Trustee Since 1973

Founder, The Heritage Foundation, Washington, D.C.

Edwin J. Feulner’s leadership as president of The Heritage Foundation transformed the think tank from a small policy shop into America’s powerhouse of conservative ideas -- what the New York Times calls “the Parthenon of the conservative metropolis.” After 36 years at the helm of the 40-year-old think tank he helped create as a founding trustee, he stepped down April 4, 2013, assuming the new title of founder.

A former director of the Republican Study Committee in the House of Representatives, he also served as vice chairman of the National Commission on Economic Growth and Tax Reform and as a member of the Commission on Reforming International Financial Institutions. Other leadership roles included serving as president of both the Mont Pelerin Society and the Philadelphia Society, and as chairman of both the Intercollegiate Studies Institute and the Advisory Commission on Public Diplomacy.

President Reagan presented him with the Presidential Citizens Medal for his work as “a leader of the conservative movement.” His other honors include the 2012 Bradley Prize for extraordinary dedication to the movement. His books include The American Spirit, Getting America Right, Leadership for America, and The March of Freedom.

Steve Forbes,Heritage Trustee Since 2001

President and Chief Executive Officer, Forbes Inc.

A former presidential candidate, Forbes has carved out a distinguished career as both a business executive and a journalist. The head of Forbes Inc. since 1990, he has launched several new ventures, including Forbes.com and successful supplements to-and foreign editions of-the company's flagship publication, FORBES magazine. He also chairs the company's subsidiary, AMERICAN HERITAGE, and is editor-in chief of FORBES magazine.

Long active in public affairs, Forbes served as chairman of the bipartisan Board of International Broadcasting, which oversaw Radio Free Europe and Radio Liberty, from 1985 to 1993. He is a past chairman of the Board of Directors for Empower America and was Honorary Chairman of Americans for Hope, Growth and Opportunity. He also serves as a Trustee of Princeton University (his alma mater) and on numerous other boards.

Michael W. Gleba, Heritage Trustee from 2016; Chairman/CEO, Treasurer and Trustee,Sarah Scaife Foundation

Michael W. Gleba is Chairman/CEO, Treasurer and Trustee of the Sarah Scaife Foundation. Prior to joining the Foundation, Mr. Gleba practiced law, first with Kirkpatrick & Lockhart LLP in Pittsburgh and then with Morgan, Lewis & Bockius LLP in Pittsburgh and Jakarta, Indonesia. His practice areas involved various aspects of corporate law.

Mr. Gleba is: Chairman Emeritus of the Board of Directors of the Commonwealth Foundation for Public Policy Alternatives; a member of the Board of Overseers of the Hoover Institution at Stanford University; a member of the Board of Directors of the Allegheny Institute for Public Policy; a member of the Board of Directors of the Competitive Enterprise Institute; a member of the Executive Committee of the International and National Security Law Practice Group of the Federalist Society for Law & Public Policy Studies; chairman of the Advisory Council of Saint Vincent College’s Alex G. McKenna School of Business, Economics, and Government; and a member of the Board of Trustees of the Intercollegiate Studies Institute.

Mr. Gleba received his JD cum laude and MBA with high honors from Duquesne University and his BS in Industrial Management with University Honors from Carnegie Mellon University.

Virginia Heckman, Heritage Trustee Since 2016

Communications Manager, Noble Properties Inc.

Todd W. Herrick, Heritage Trustee Since 2007

Retired chairman, president and CEO of Tecumseh Products Co.

Tecumseh Products Co. is a family-owned business in Tecumseh, Mich., that makes compressors, small engines, power-train products for lawn mowers and garden equipment, and industrial pumps.

Herrick joined the Heritage board in September 2007, but he is no newcomer to the non-profit world. For years he has served as chairman of the Herrick Foundation, one of the largest charitable foundations in Michigan. Herrick also serves on the boards of: Howe Military School, University of Notre Dame School of Business and the University of Michigan School of Engineering. In addition, he is chairman of the board at Thermogy, a for-profit company that develops alternative power.

Herrick has a bachelor's degree in business administration from the University of Notre Dame in 1967. From 1968-1973, he served as an Army helicopter pilot, retiring with the rank of captain. He and his wife, Linda, live near Harbor Springs, Mich., and have three grown children.

Jerry Hume, Heritage Trustee Since 1993

Chairman of the Board, Basic American Inc., San Francisco, California

Hume, the Chairman of the Board of Basic American Inc., a San Francisco-based international food service company, has been an active leader of business efforts to improve America's educational system. Appointed by Gov. Pete Wilson to serve on the California State Board of Education, he has championed such education reforms as "school choice" and actively promoted economic literacy as the Chairman of the Foundation for Teaching Economics.

A former Chairman of the California Academy of Sciences, he also has served on the boards of the California Council on Economic Education and TEACH America, a Chicago-based organization that promotes school choice. He currently serves on the board of the Center for Education Reform, which also strongly promotes school choice.

Kay Coles James, Heritage Trustee Since 2005

Kay Coles James was the former director of the federal Office of Personnel Management. As director, she ran an agency charged with the personnel administration of 1.8 million federal workers. The agency itself had more than 3,600 employees nationwide, an annual budget of more than $261 million and trust funds that yielded more than $29 billion.

Before becoming director, James served as a Heritage distinguished fellow and director of its Citizenship Project. Prior to that, she was dean of the School of Government at Regent University and served as chair of the National Gambling Impact Study Commission. She is a graduate of Hampton University and has received numerous honorary degrees and awards, including the University of Virginia's Publius Award for Public Service. James is married to Charles James Sr., has three children and one grandchild. She lives in Fairfax, Va.

Mark A. Kolokotrones, Heritage Trustee Since 2015

Founder and President, Castle Knoll Investments LLC

Rebekah A. Mercer, Heritage Trustee Since 2014

Owner, Ruby et Violette

Mercer is the director of the Mercer Family Foundation, a charitable non-profit organization founded in 2004. She is the founder and chairman of Reclaim New York, a non-partisan, non-profit organization dedicated to advancing a state-wide, grassroots conversation about the future of New York, its economy, and its people. She serves on the boards of a number of other non-profits, including the Media Research Center, the Calvin Coolidge Presidential Foundation, the Moving Picture Institute, and the American Museum of Natural History. With her sisters, she owns and runs Ruby et Violette, an online gourmet ice cream and chocolate chunk cookie company.

Mercer grew up in Westchester County, New York, the second of three girls. She attended Stanford University, where she received a dual bachelor’s degree in biology and mathematics and a master’s of science degree in operations research and engineering economic systems. She worked as a trader for a New York financial firm before retiring to raise her four children.

The Hon. J. William Middendorf II, Heritage Trustee Since 1989

Chairman, Middendorf and Company, Washington, D.C.

Middendorf has served a number of presidential administrations in high-level positions, including Secretary of the Navy and Ambassador to the European Communities, the Organization of American States, and the Netherlands. A delegate to presidential nominating conventions as far back as Barry Goldwater's in 1964, Middendorf remains active in shaping conservative foreign, defense and economic policy through regular meetings with staff members on Capitol Hill.

An intellectual force behind the North American Free Trade Agreement, having written about the concept of a free-trade area uniting the region as early as 1988 in Heritage's "Mandate for Leadership III," Middendorf also is a true renaissance man with interests in both music -- he wrote Heritage's theme march -- and art.

Abby Moffat, Heritage Trustee Since 2009

Moffat, formerly owner-operator of an event-planning business, is chairman of the Board of Trustees of the Media Research Center and a member of the Board of Overseers of the Atlas Economic Research Foundation. She is a veteran leader on the boards of nonprofits, having also served in that role for the Intercollegiate Studies Institute, Radio America, the National Foundation for Teaching Entrepreneurship, the Center for Security Policy and the Institute for World Politics. Moffat, a graduate of Mount Vernon College in Washington, D.C., is affiliated with the Philanthropy Roundtable and Capital Speakers Group. She resides in Bethesda, MD.

Nersi Nazari, Ph.D., Heritage Trustee since 2006

Chairman & CEO, Vital Connect, Inc.

Nazari co-founded Vital Connect, Inc. in 2011, a Silicon Valley company that addresses global healthcare crisis through the use of advanced technology.

Before Vital Connect, Nazari founded Pacific General Ventures in 2003 which invests in semiconductor and software companies and served as CEO of the firm's portfolio company, Teranetics, Inc. from 2009 to 2010.

From 1987 to 2002, he held various technical and executive positions at Marvell Semiconductor, Inc., GEC Plessey Semiconductor, Seagate Technology and Digital Equipment Corporation. He holds eight patents.

In 2003, Nazari established the Hasbun Nazari Charitable Fund which supports various charities worldwide with an emphasis on children's education and welfare, healthcare research and public policy. He holds a doctorate in engineering from the University of Colorado and lives in Atherton, California.

Robert Pennington , Heritage Trustee Since 2009

Pennington most recently was the overseer of Whitman College in Walla Walla, Wash., his alma mater. His background in financial leadership also includes serving as executive vice president for the stock brokerage Dean Witter Reynolds in the early 1980s before becoming president of Intercapital Investment Management, a New York firm. Pennington later served as president and director of Capital Guardian Trust Co., part of the Capital Group Cos. Inc. He resides in Darien, Conn.

Anthony J. Saliba, Heritage Trustee Since 2012

Executive Managing Director, ConvergEx Group

Chicago, Ill.

Tony Saliba is chief executive officer of LiquidPoint, a Chicago-based options technology company he started in 1999, as well as executive managing director for New York-based ConvergEx Group, which bought LiquidPoint in 2004. ConvergEx Group provides technologies for asset managers and financial intermediaries.

Saliba, who was profiled in the best-selling book “Market Wizards,” manages options trading platforms for investors. He got his start at the Chicago Board Options Exchange and gradually expanded his trading horizons to include Standard & Poor’s 500 contracts on the Chicago Mercantile Exchange, as well as agricultural and interest rate products traded on the Chicago Board of Trade.

Saliba holds a bachelor of science degree in accounting from Indiana University. He and his wife, Moira, have a son and a daughter.

Brian Tracy, Heritage Trustee since 2003, Heritage Associate, Founder, Brian Tracy International, San Diego, California

Brian Tracy is one of America's leading authorities on the development of human potential and personal effectiveness. He is a dynamic and entertaining speaker with a wonderful ability to inform and inspire audiences toward peak performance and high levels of achievement.

Brian is an internationally known and respected authority addressing half a million people each year on leadership, management, sales, personal development, strategic planning, goal-setting, time management, creativity, and many other diverse topics. Brian has worked at IBM, Arthur Andersen, McDonnell Douglas, and The Million Dollar Round Table.He has produced more than 400 different audio and video learning programs covering the entire spectrum of human and corporate performance.

William L. Walton, Heritage Trustee Since 2015

Founder and Chairman, Rappahannock Ventures LLC

Walton is the founder and chairman of Rappahannock Ventures LLC, a private equity firm, and Rush River Entertainment, the feature-film production company behind The Price of Desire (2015), The Ticket (2015), and Max Rose (2013). He is the host of the webcast On Common Ground with Bill Walton, which focuses on how entrepreneurship and innovation are economic and moral imperatives for a thriving America. He is also a partner in The Forge Studios, an independent film studio in Washington, VA, which creates short films and provides film production training for artists and crew. Additionally, through Rappahannock Media LLC, he publishes The Rappahannock News, the Culpeper Times, and The Piedmont VirginianMagazine.

Walton was chairman of the investment banking firm Allied Capital Corporation for 12 years. Prior to that, he worked for Butler Capital Corporation, the merger and acquisition group of Lehman Brothers Kuhn Loeb, and the Continental Illinois Bank. He was also the personal investment advisor to William S. Paley, founder of CBS.

He is involved with a number of non-profit groups that focus on public policy, the arts, and his local community. He is vice president of the Council for National Policy, a member of the board of the Media Research Center, and a senior fellow for the Discovery Institute’s Center on Wealth, Poverty, and Morality. He is president of the Washington Volunteer Fire and Rescue Company and a board member of the Northern Piedmont Community Foundation. He previously served as president of the National Symphony Orchestra, a member of the collectors committee and trustees’ council of the National Gallery of Art, treasurer of the Wolf Trap Center for the Arts, and a member of the board of the U.S. Chamber of Commerce.

Walton served in the U.S. Army as a specialist at the Pentagon before earning his bachelor of science degree at Indiana University. He paid the tuition for his MBA from IU’s Kelley School of Business by working as an accounting instructor. He is a life member of MENSA and the NRA.

Marion Wells, Heritage Trustee since 2003

Ft. Lauderdale, Florida

Marion is a long-time member of the Board of Trustees of Capital Research Center, which is headed by Heritage's former Vice-President, Terry Scanlon. Marion has also served as an advisor to several civic organizations, including: Exuma Cays Land and Sea Park, the Cleveland Clinic of Florida, and the Board of The Orleans.

Since 1992, she has been a Co-Chairman of The Heritage Legacy Society, a group of Heritage supporters who make gifts through their estates so Heritage will be a permanent voice in Washington for conservative principles. Marion is also a trustee of the Intercollegiate Studies Institute. Marion's late husband, Preston "Dick" Wells, was a long time Heritage trustee before passing away in 2003. She continues his legacy as a stalwart advocate of conservative principles in America.

CHAIRMAN EMERITUS & HONORARY TRUSTEE

Chairman Emeritus and Honorary Trustee

David R. Brown, M.D., Heritage Trustee Since 1978

Emeritus, Orthopedic Associates, Oklahoma City, Oklahoma

Dr. David R. Brown maintained a private practice as an orthopedic surgeon in Oklahoma City and was a Clinical Professor at the University of Oklahoma Health Sciences Center. Brown is Retired Chairman of Orthopedic Associates, Incorporated. And serves on governing boards for the Heritage Foundation, the Samuel Roberts Noble Foundation, the Oklahoma Council of Public Affairs and several nonprofit organizations. Dr. Brown was a member of the OMRF Board from 1976 to 2001. He served as Chairman of the Board from 1997 to 2001.

HONORARY TRUSTEES

Frank Shakespeare  

The Hon. Frank Shakespeare, Heritage Trustee Since 1979

former U.S. Ambassador to the Vatican, La Jolla, California

Ambassador Shakespeare's belief in the power of ideas is exemplified by his role as Chairman of the Board for International Broadcasting during the Reagan administration. Under his leadership, Radio Free Europe and Radio Liberty carried the message of freedom behind the Iron Curtain and helped bring the Cold War to a successful conclusion. Heritage's Board Chairman from 1981 to 1985, Shakespeare went on to serve as Ambassador to both Portugal and the Holy See (Vatican City). He also has served as President of RKO General Inc., Director of the U.S. Information Agency, and President of CBS Television Services. He currently serves as a Trustee of the Lynde and Harry Bradley Foundation of Milwaukee, Wisc.

SOCIETY OF EMERITUS TRUSTEES

Phillip N. Truluck, Heritage Trustee from 2001 to 2015;Chairman, Society of Emeritus Trustees, Since 2015

Truluck came to Heritage on April 1, 1977, and, as Director of Research, began to assemble the team that would revolutionize the way public policy research is conducted and promoted. Soon thereafter, he rose to Executive Vice President and Chief Operating Officer and oversaw all day-to-day operations of the Foundation. During his 38-year tenure, Heritage grew from a 30-person operation with an annual budget of $2 million, located in a townhouse on Capitol Hill, to the leading conservative public policy research institution in the world, employing 294 people, working with a $82 million annual budget, and occupying several office buildings (totaling nearly 200,000 square feet) on either side of the U.S. Capitol. He retired from Heritage on April 1, 2015.

During 1982 and 1983, Truluck served on the Executive Committee of the President's Private Sector Survey on Cost Control, more commonly known as the Grace Commission. He served on the White House Fellows Selection Committee in the Reagan Administration and was appointed by President Reagan to the Administrative Conference of the United States in 1987.

Prior to joining Heritage in 1977, Truluck worked for Sen. Strom Thurmond and Rep. Ben Blackburn, and served as Deputy Director of the Republican Study Committee. He is a founding director and past member of the Board of Directors of the Center for International Private Enterprise, an affiliate of the National Endowment for Democracy. He is also the former Chairman of the Board of Directors of the Capitol Hill Business Improvement District and a member of the Board of Directors of Ready, Willing and Working. Truluck is a member of the Mont Pelerin Society and the Philadelphia Society.

Midge Decter, Heritage Trustee from 1981 to 2015

Member, Society of Emeritus Trustees since 2015

Decter's incisive writing on a range of topics has proven invaluable to the conservative movement. A former editor at Basic Books, her writing has graced the pages of Commentary, First Things, Harper's, and a number of other publications. Her books include The New Chastity; Liberal Parents, Radical Children; Rumsfeld: A Personal Portrait; and An Old Wife’s Tale. A Senior Fellow at the Institute on Religion and Public Life in New York City, Decter previously served as Executive Director of the Committee for a Free World, a powerful voice for anti-communism that she voluntarily disbanded after the fall of the Berlin Wall and collapse of Soviet communism.

William E. Simon, Jr.

William E. Simon, Jr., Heritage Trustee from 2008 to 2015; Member, Society of Emeritus Trustees since 2015

William E. Simon, Jr., brings his experience as a financier, federal prosecutor and philanthropist to The Heritage Foundation's Board of Trustees. Simon is currently Executive Director of William E. Simon & Sons LLC, a global merchant bank he co-founded with his brother and his father, former Treasury Secretary and "energy czar" William E. Simon, Sr. Since its founding in 1988, the firm has built and manages a diverse and significant investment portfolio, with holdings in real estate, private equity and fixed-income securities. From 1985 to 1988, Simon served as an Assistant U.S. Attorney for the Southern District of New York under then-U.S. Attorney Rudolph Giuliani. He also serves as Co-Chairman of the William E. Simon Foundation and the Cynthia L. and William E. Simon, Jr., Foundation.

==

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BS: ROE-gue

Heritage Teams

Thomas A. Roe Institute for Economic Policy Studies

Team Members

Daren Bakst img Daren Bakst Research Fellow in Agricultural Policy Romina  Boccia img Romina Boccia Grover M. Hermann Fellow in Federal Budgetary Affairs David R. Burton img David R. Burton Senior Fellow in Economic Policy Curtis S. Dubay img Curtis S. Dubay Research Fellow, Tax and Economic Policy James L. Gattuso img James L. Gattuso Senior Research Fellow in Regulatory Policy Emily Goff img Emily Goff Policy Analyst, Transportation and Infrastructure Diane Katz img Diane Katz Research Fellow in Regulatory Policy Nicolas Loris img Nicolas Loris Herbert and Joyce Morgan Fellow Norbert J. Michel, Ph.D. img Norbert J. Michel, Ph.D. Research Fellow in Financial Regulations Jack Spencer img Jack Spencer Director, Roe Institute Katie Tubb img Katie Tubb Research Assistant

RESEARCH AND PUBLICATIONS FROM THOMAS A. ROE INSTITUTE FOR ECONOMIC POLICY STUDIES

Research

Multimedia

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Reducing the Burden on Small Public Companies Would Promote Innovation, Job Creation, and Economic Growth

BACKGROUNDER ON JUNE 16, 2014

Protecting Internet Freedom and American Interests: Required Reforms and Standards for ICANN Transition

BACKGROUNDER ON JUNE 10, 2014

How Congress Can Improve Government Programs and Save Taxpayer Dollars

ISSUE BRIEF ON JUNE 10, 2014

FATCA Hurts Law-Abiding Americans Living Abroad

COMMENTARY ON JUNE 6, 2014

Don't Blame It on the Weather

COMMENTARY ON JUNE 6, 2014

Kill the Export-Import Bank

SPECIAL REPORT ON JUNE 6, 2014

Europe’s Fiscal Crisis Revealed: An In-Depth Analysis of Spending, Austerity, and Growth

COMMENTARY ON JUNE 5, 2014

All Economic Pain, No Environmental Gain

ISSUE BRIEF ON JUNE 3, 2014

EPA Proposes Next Step of Regulatory Cap-and-Trade

COMMENTARY ON JUNE 3, 2014

The President's Bad Climate Math

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Roe Institute scholars publish research on a wide range of economic issues including fiscal policy, entitlements, federal spending, energy, environment, regulation, and tax policy. Policy emphasis is placed on limited government and free enterprise. Scholars frequently brief policymakers in Congress and are regularly sought as speakers on economic issues. The work of the Institute combines traditional, original policy research; innovative products such as the Budget Chart Book (http://www.heritage.org/budgetchartbook/); and ways to engage the public like the Fiscal Wake Up Tour (http://www.heritage.org/Multimedia/Video/2009/09/Concord-Coalition--Stuart-Butler-on-Fiscal-Wake-Up-Tour), an educational project of the Concord Coalition, The Heritage Foundation, and the Brookings Institution, or touring the site of the Gulf oil spill disaster (http://blog.heritage.org/2010/07/09/oil-spill-follies-bayou-myth-or-bureaucratic-red-tape/).

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energy and env experts:

Daren Bakst

Research Fellow in Agricultural Policy

Ariel Cohen, Ph.D. img

Ariel Cohen, Ph.D.

Senior Research Fellow in Russian and Eurasian Studies and International Energy Policy in the Douglas and Sarah Allison Center for Foreign and National Security Policy, a division of the Kathryn and Shelby Cullom Davis Institute for International Studies, at The Heritage Foundation

David W. Kreutzer, Ph.D. img

David W. Kreutzer, Ph.D.

Research Fellow in Energy Economics and Climate Change

Nicolas Loris img

Nicolas Loris

Herbert and Joyce Morgan Fellow

Derrick Morgan img

Derrick Morgan

Vice President for the Institute for Economic Freedom and Opportunity

Jack Spencer img

Jack Spencer

Director, Roe Institute

climate: same plus

Diane Katz

Research Fellow in Regulatory Policy:

Diane Katz

The Institute for Economic Freedom and Opportunity at The Heritage Foundation

Diane Katz, who has analyzed and written on public policy issues for more than two decades, is a research fellow in regulatory policy at The Heritage Foundation.

A veteran journalist and policy analyst from Detroit, Katz joined Heritage’s Thomas A. Roe Institute for Economic Policy Studies in August 2010.

She previously was director of risk, environment and energy policy for three years at the Fraser Institute, an independent policy research and educational organization in Canada. From 2002 to 2008, she was director of science, environment and technology for the Mackinac Center for Public Policy, a free market think tank in Midland, Mich.

As a member of the editorial board of the Detroit News for nine years, Katz specialized in writing about science and the environment, telecommunications and technology, and the auto industry. She also covered national issues as a reporter in the newspaper’s Washington bureau. Her work won top honors from the Michigan Press Association in 1994, 1996, 1997 and 1998.

Katz’s analyses and commentary have been published by The Wall Street Journal, The Washington Times, National Review, The Weekly Standard and Reason Magazine in addition to dozens of regional and local newspapers.

She has testified before Congress and several state legislatures. The State Policy Network, a coalition of more than 50 think tanks across the United States, appointed her to represent it on the American Legislative Exchange Council.

Katz was awarded fellowships by the Jack R. Howard Science Institute for Journalists at the California Institute of Technology, the Paul Miller Washington Reporting Fellowship of the National Press Foundation and programs at the Kinship Conservation Institute and the Political Economy Research Center.

She holds a bachelor’s degree in philosophy from Thomas Jefferson College and a master’s degree in journalism from the University of Michigan.

Katz currently resides in Detroit. Her daughter, Natalie, attends McGill University in Montreal.

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POSTED ON JUNE 24, 2014 BY DIANE KATZ

epa coal plant rules attacked before published 5/14

On Monday, the Environmental Protection Agency (EPA) is set to release its ambitious climate rule, one aimed at cutting the carbon pollution emitted by the nation’s fleet of existing fossil fuel-fired power plants. These emissions drive up the health problems that stem from dirty air and fuel climate change and taking action to address them, particularly in light of Congress’ refusal to do the same, is widely being regarded as one of President Obama’s key accomplishments.

But the fight is far from over. While the EPA is required to regulate pollutants under the Clean Air Act, cries of overreach and unfair punishment of the coal industry have begun and will likely intensify as each state determines the best path to achieve the required reductions.

While the rule itself hasn’t even been released, several groups have already begun to attack it, largely the same well-funded entities that have fought any attempt to address global warming for decades.

U.S. Chamber of Commerce

The Chamber didn’t wait for the rule to come out, instead publishing their own speculative report Wednesday. The Chamber found that it would cost American industry $28.1 billion annually to comply with EPA’s new regulations and that as many as 224,000 jobs would be lost between now and 2030. However, as Climate Progress’ Jeff Spross points out, the Chamber’s ‘analysis’ only counts up the negative side of the ledger — failing to account for the economic benefit that will come from cleaning up the air and creating new jobs in the clean energy sector. In its attempt to scare the country about the new plan, the Chamber “fails utterly,” according to Jonathan Chait. The report uses an inflated number for projected electricity demand and bases its analysis off of an ambitious proposal by the Natural Resources Defense Council (NRDC), rather than the EPA’s actual proposal, but “even the Chamber’s unrealistically dire number is still low enough that most people would barely notice it,” Chait writes.

The country’s largest business lobby, the Chamber has a long history of opposing action to address climate change. The group lobbied hard against the failed Waxman-Markey climate bill — spending a whopping $17 million in the early months of 2009 alone. The Chamber then created an entire subsidiary organization, the Institute for 21st Century Energy, to promote its view of climate and energy issues. 94 percent of the $32 million the Chamber spent on the 2010 elections went to climate deniers.

In October, the Chamber joined Koch Industries, among others, to officially lobby against the use of the social cost of carbon — a calculation that takes into account all of the negative economic effects of carbon pollution.

The Chamber also helped create the Partnership for a Better Energy Future, a coalition of 76 business groups that has vowed “to be present every step of the way” as the regulations are introduced and enforced.

American Legislative Exchange Council (ALEC)

Funded by petrochemical billionaires Charles and David Koch, along with various corporate and fossil fuel interests, ALEC is a secretive organization designed to pass conservative legislation in states across the country. The group set its sights on attacking clean energy laws in multiple states but failed in every attempt last year. This year, ALEC identified the coming restrictions on coal-fired power plants as a key area of focus and, according to internal documents obtained by the Guardian earlier this month, they have a new strategy. ALEC’s plan for attacking the regulations involves seeking out friendly state attorneys general and encouraging them to sue the EPA, a move reportedly spearheaded by Nebraska attorney general and ALEC member Jon Bruning, who has already filed a lawsuit against the agency.

ALEC has also “targeted a dozen state legislatures, including Kentucky and Ohio, to prevent certain states from implementing EPA carbon rules,” Reuters reported last week. Ohio has already introduced model legislation.

Americans For Prosperity (AFP)

Another Koch-funded organization, AFP reacted to proposed regulations by citing its concern over the impact it would have on low-income Americans. “Using the EPA to drive up electricity prices will have a negative impact on American families, their pocketbooks and their standard of living,” the group said in a 2013 statement. “The President claims to care about jobs and the economy, but his EPA regulations and resulting higher energy bills will hurt the little guy the most, the senior citizen, the single mom on a fixed income.”

AFP, however, has fought against raising the minimum wage, claiming that “it does more harm than good.” Last year they launched a massive campaign pressuring states to deny health care coverage to lower income Americans through the Medicaid expansion contained in the Affordable Care Act.

AFP has worked to protect fossil fuel interests and slander clean energy in multiple states — recently running ads attacking Kansas’ clean energy standard that former Senate President Dave Kerr, (R-Hutchinson) called “provably false” and failing in their attempt to undermine Tea Party support for solar power in Georgia.

American Coalition for Clean Coal Electricity (ACCCE)

In March, the group, which represents coal mining companies as well as owners of coal-fired plants like American Electric Power and Southern Co, released a report claiming the EPA’s new rule would kill more than 2.85 million jobs and cause consumers’ electricity bills to rise in 29 states — a prediction even more dire than the Chamber’s. The position is in line with ACCCE’s long history of staunch opposition to any action to reduce carbon pollution. ACCCE has been a top lobbyist on climate change and energy, spending over $20 million since 2008. In 2010, they spent $16.4 million on misleading television ads and in 2012, the group launched a broad-based $40 million messaging and outreach campaign where one ad accused the EPA of attempting to raise electricity prices.

ACCCE’s tactics don’t stop with lobbying. In 2009, the group admitted to hiring a firm to forge letters from civil rights organizations to Congress opposing climate legislation, going as far as to impersonate veterans. While being investigated by Congress, the president and CEO lied under oath, claiming the group never opposed climate legislation. Congressional investigations also discovered the group knew of the fraudulent letters but failed to disclose it until several weeks after a major House vote on climate legislation.

National Mining Association (NMA)

The National Mining Association, which represents large coal companies such as Peabody Coal Co, Arch Coal Inc, Alpha Natural Resources and Cloud Peak Energy Inc., “has spent $1 million on a radio and digital campaign in five states depicting shocked consumers opening expensive electricity bills,” Reuters reported. The advertisements claim that electricity bills will jump by 80 percent as a result of the Obama administration’s proposal to limit carbon pollution from new coal and natural gas plants, something the Washington Post’s Fact Checker recently said was “wholly unsupported” and reliant on “bogus, hyped evidence to make its claim.”

The NMA has spoken out against new coal dust regulations aimed at reducing cases of black lung disease in coal miners, claiming the administration’s long-awaited rule is unnecessary and criticizing multiple studies that the Government Accountability Office (GAO) determined were sound. The NMA also intervened in a recent court decision to restore a law overturned by the Bush administration designed to keep toxic coal mining spoil from entering sensitive waterways, saying they found the ruling “obviously very disappointing.”

Heritage Foundation

The conservative think tank, which has received funding from the Koch Family Foundations and ExxonMobil, has been staunchly opposed to the EPA’s move to cut carbon emissions since the rules were initially proposed. The group has called on Congress to intervene and stop the EPA (which it does not have the authority to do), citing far-reaching impacts likedamage to manufacturing, constituting a “back-door energy tax,” and accomplishing nothing more than raising energy prices and killing jobs “with no noticeable climate impact.”

Heritage has long sought to cast doubt on the scientific consensus behind climate change and oppose cutting greenhouse gas emissions. A 2010 white paper asserts that “the only consensus over the threat of climate change that seems to exist these days is that there is no consensus.” (In reality, 97 percent of scientists agree climate change is happening and human activity is the root cause). The think tank also has a long history of opposing any initiative that might impede fossil fuel corporations. Heritage recently joined Americans for Prosperity and the Chamber of Commerce in supporting a bill that would have prevented the federal government from regulating fracking operations.

A recent study published in the journal Climactic Change found that conservative think tanks like Heritage, the American Enterprise Institute, and the Cato Foundation are among the top recipients of the nearly $1 billion a year that funnels from conservative donors to organizations that oppose limits on carbon pollution.

American Energy Alliance/Institute For Energy Research

The Institute for Energy Research and its political arm, the American Energy Alliance, are bothfunded in part by the Koch brothers and their donor network and run by Tom Pyle, a former lobbyist for Koch Industries. The group was recently identified as a beneficiary of the Kochs’ vast political network, which raised at least $407 million in the last election alone, according to a recent analysis by the Washington Post and the Center for Responsive Politics. In January, an IER blog post said the plan to cut carbon pollution from existing power plants “will wreak havoc on our largest source of electricity.”

Pyle told the New York Times in February that the group was preparing to attack the proposal with television and radio ads. “That’s going to be a big fight, when they roll out the rule for existing plants,” Pyle said. “We’ll be ready for them.”

AEA has recently been attacking vulnerable Democrats in fossil-fuel friendly states — Rep. Nick Rahall (WV), Sen. Mark Begich (AK) — for supporting a carbon tax, even though they never did. In 2012, the group sought to make the Production Tax Credit for wind energy “so toxic” that Republicans wouldn’t back it.

Tiffany Germain, Senior Researcher with the Center for American Progress Action Fund, contributed to this piece.

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