FOUNDATIONS FOUND HERE

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP73-00475R000201360001-5
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
1
Document Creation Date: 
December 27, 2016
Document Release Date: 
December 19, 2013
Sequence Number: 
1
Case Number: 
Publication Date: 
January 23, 1965
Content Type: 
OPEN SOURCE
File: 
AttachmentSize
PDF icon CIA-RDP73-00475R000201360001-5.pdf184.65 KB
Body: 
STAT ? _ - - - nATLY NEWS Declassified in Part - Sanitized Copy Approved for Release @ 50-Yr 2013/12/19: CIA-RDP73-00475R000201360001-5 41J11 (au 14IJJ ONLY' HUMAN77-77 emulations - ? ' Werk's Charity, one of the earliest foundations on record, was established 'over 500 years ago for the sole purpose of "sup- plying faggots. tci burn iteretics at the stake." . This always tickles F. Emerson Andrews, an ? expert foundation watcher. He's president of the i Foundation Library Center, where inyone seeking ,a grant can find all the information needed about the 15,000 American foundations. They have $15 billion in assets and -hand out about $780 million a year. They range from the $4 ! billion Ford Foundation to a family group with 26 cents in' assets. The Library has to add about 1,200 new ones yearly who get tax-exempt status. !, Only 168 publish annual reports. Since 1950, :the Internal Revenue Service ruled that all of Declassified F. Dnerson Andrews?Foundation watcher ? ? them have to file an "information return," list-. , ? Ing their dough and how it's spent. ,The Library ? Chas a copy of all such returns. "The public has a' right to know all about :foundations," Andrews says, "whether all the s? facts are favorable or not." ? t Is Foundation Foibles He often puzzles about the foibles of 'some,, funds: One is dedicated only to planting Redbuds' . from Texas to the Canadian border. There are s two others in Wisconsin and Illinois devoted to3,' I' the preservation of "that magnificent bird, the, ? !. prairie chicken." Another in Kansas is called . "The Horses Christmas Dinner Trust Fund." "They ran into trouble," Andrews says. "It seems there weren't enough worthy horses, left in Kansas." ? a , Andrews, a scholarly, energetic man from Lan- caster, Pa., where his father ran a grocery store, -'has authored 17 books covering math, fiction and philanthropy. ? For 29 years he worked for the Russell Sage ' Foundation, left it in 1956 to open the Library when ? the Carnegie people gave him a grant to central- ize all information 'about our mushrooming founda- tions. The Library now has a Washington branch. ?. Variety of Callers ? 1. ? The New York center gets about 20 visitors a 4 ./ day and a sackful of mail. Callers and writers,in-i, dude earnest college presidents, researchers, law-4 yam, poets, playwrights, foundation executives and trustees, all with noble and productive aims. ! ? They also include the man who argued that it'; :would improve living conditions greatly if he got: a grant to pay his back-income taxed. Another ap.1 tin nnn #Ar ?Il harilv..neetied divorce. .? , , z ? ? in Part - Sanitized Copy Approved for Release @ 50-Yr 201'3/12/19 : 6IA-14DP73-00475R606613600.01-'5 , ?. says. "One ? scientist contended that if we slept a salt solution in an aqua bed, we'd have the ideal sleep that fish enjoy and wouldn't need more than two or three hours a night." ? - Andrews didn't. bat an eyelash when a? mans contended that the growing polar ice cap would', soon tilt the earth and threaten all life, and the.; only answer was to 'give him a few million for- atomic power to blast the iceNcap. ? Early Rocketeer ' "MaYbe in,.10 years some-one might be inter- ested in that blast job," Andrews says; "In 1920, Robert Goddard was called 'Moon-Mad Goddard' because of his experiments with rockets to reach extreme altitudes. The government would not give him a grant. The Smithsonian Institution did. Even' so no one in the government was interested until: our intelligence discovered the Germans were using his patents for their V-2 rockets." He is always touched remembering a lames Dean who always delivered the Sunday pa'pers to. the men on the Boston Lightship and set up a foundation to continue 'the practice after his death:: ? But he is 'puzzled by the Bird, Song Foundation,, which uses its funds to record the performances of ?26 articulate. frogs and- toads. ? ? . ? And he works up a fever about the Electronic, Medical Foundation in San. Francisco, which', claimed a drop of blood on its "radioscope" .could 'diagnose any human ?Ill. When the authorities Bents] them sa man's blood sample they, replied he hadS arthritis of the right foot.?The man had had hial right 'foot amputated: ? . : ? , ' .? :"They' *ere put , out. IA; business,": Andreiv p a says,' "when .the diaosis from' another, sample said it ;wee :tooth , decay and .4 sinur-infectiod. eter.T.'?;.-:,???';',4.?