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:
Attachment | Size |
---|---|
CIA-RDP73-00475R000201360001-5.pdf | 184.65 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.?