New America Foundation began life as Vision Trust.Bill Moyers, president of the Florence and John Schuman Foundation, funded the trust with a seed of $200,000, on the condition that Halstead change the name.
^ abSherman, Charles (April 6, 2002). "Daniel Webster Distinguished Service Award for 2002 - Opening Remarks". The Dartmouth Club of Washington, D.C. Retrieved October 18, 2011. "Ted Halstead, Dartmouth Class of 1990, marches to a different drummer. He worked his way through Dartmouth on a different schedule. He chooses different measures for economic and personal success. He uses different political labels. And he is already making a difference for thinkers of his generation and for the rest of us."
^Tamer, Mary (March 9, 2001). "Public Service Innovators". Alumni Stories. Harvard University. Retrieved October 18, 2011. "Ted Halstead (MPA 1998) started his first think tank -- Redefining Progress -- at the age of 25 with a $15,000 grant. Four years later after growing it into a $2 million institute, he was off to the Kennedy School. From there, Halstead launched a second think tank, the New America Foundation, a $4 million public policy institute with an agenda to introduce new voices and views with a bipartisan tone."