02-15-2012, 02:14 PM
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Registered User
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Join Date: Nov 2002
Location: Scottsdale, Arizona
Posts: 10,626
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Another Follow the Money Story: Heartland Institute
Think Tank Funding Records Disclosed
The documents include a detailed financial statement, which lists all the sources of income. The Heartland is generally antiregulatory (issues its tackled in the past include everything from smoking laws to telecom regulations), and its list of small donors reflects that. Time Warner Cable and AT&T both show up, as does Microsoft. Pharmaceutical and insurance companies also make appearances, along with the Koch brothers and GM. Combined, these large donors ($10,000 or more) provided about three-quarters of the Heartland's $4.5 million budget last year. A single anonymous donor provided about another $1 million.
A glance through the documents (their authenticity has yet to be confirmed; see below), however, quickly reveals that this broad range of donors isn't involved in the Heartland's climate activities. The NIPCC reports, for example, consume about $300,000 a year, but all of that comes from two donors. Half of the cost of Watts' new website (which is rather pricey, at $88,000) comes from a single donor. Another donor has pledged $100,000 towards the school curriculum project.
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