|Motto||Carrying forward the legacy and values of Franklin and Eleanor Roosevelt.|
|Chairman||William vanden Heuvel|
|President & CEO||Felicia Wong|
|Location||New York, NY|
570 Lexington Ave., 18th floorNew York, NY 10022
The Roosevelt Institute is a liberal American think tank. According to the organization, it exists "to carry forward the legacy and values of Franklin and Eleanor Roosevelt by developing progressive ideas and bold leadership in the service of restoring America’s promise of opportunity for all." It is headquartered in New York, New York.
History and overview
The Roosevelt Institute was initially created in 1987 through the merger of the Eleanor Roosevelt Institute and the Franklin D. Roosevelt Four Freedoms Foundation.
In 2007, the Roosevelt Institute merged with the Roosevelt Institution, now known as the Roosevelt Institute Campus Network. It remains the non-profit partner to the government-run Franklin D. Roosevelt Presidential Library and Museum, the nation's first presidential library. In 2009, it expanded its mission with the launch of the Four Freedoms Center, a progressive policy think tank, and an economic policy blog.
Felicia Wong, formerly of the Democracy Alliance, became the organization's President and CEO in March 2012. In 2015, the Roosevelt Institute was added to the Democracy Alliance's list of recommended funding targets. Other donors to the Roosevelt Institute include the Ford Foundation, the William and Flora Hewlett Foundation, the MacArthur Foundation, and the Bauman Foundation.
Joseph Stiglitz is the Roosevelt Institute's chief economist. In 2015, a report authored by Stiglitz offered an indictment of 35 years of U.S. economic policies. The report was expected to influence the economic agenda of Hillary Clinton, whose economic team has ties to the Roosevelt Institute. Elizabeth Warren and Bill deBlasio joined Stiglitz at the press conference to announce the report. The 37 policy recommendations in the Stiglitz report include progressive taxation and an expansion of government programs.
Time called the Stiglitz report "a roadmap for what many progressives would like to see happen policy wise over the next four years." According to the Washington Post, the Institute's plan is "firmly rooted in the conviction that more government can solve most of America's economic challenges. It is a plan seemingly designed to rally liberals, enrage free-market economists and push a certain presumptive presidential nominee to the left."
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