Mercer Family Foundation

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Mercer Family Foundation
Founder Robert Mercer
Type Charitable foundation
Headquarters New York, New York
Director
Rebekah Mercer[1]
Disbursements $13,492,358 (2013)[2]

The Mercer Family Foundation is a private grant-making foundation in the United States. As of 2013, it had $37 million in assets.[3] The foundation is run by Rebekah Mercer, the daughter of computer scientist and hedge fund manager Robert Mercer.[4][5]

Under Rebekah’s leadership, the family foundation invested about $70 million into conservative causes between 2009 and 2014.[6]

Activities[edit]

The foundation's main interests are in the fields of public policy, higher education, and science.[7] The foundation has donated to organizations and institutions including the Heritage Foundation, Illinois Policy Institute, Heartland Institute, and SUNY Stony Brook.[8] Mercer provides funding to the Home Depot Foundation, whose mission is to "improve the homes and lives of U.S. military veterans and their families."[7]

References[edit]

  1. ^ Delevingne, Lawrence (November 8, 2014). "Have Mercer! The money man who helped the GOP win". CNBC. Retrieved 8 October 2015.
  2. ^ "IRS Form 990 2013" (PDF). GuideStar. Internal Revenue Service. Retrieved 8 October 2015.
  3. ^ Sellers, Frances (October 6, 2015). "How a reclusive computer programmer became a GOP money powerhouse". Washington Post. New York. Retrieved October 11, 2013.
  4. ^ "The Man Who Out-Koched the Kochs". Bloomberg. New York. October 22, 2014. Retrieved October 11, 2013.
  5. ^ Johnson, Eliana (April 8, 2015). "Meet Ted Cruz's Billionaire Donors". National Review. Retrieved 8 October 2015.
  6. ^ Vicky Ward (March 17, 2017). "The blow-it-all-up billionaires; When politicians take money from megadonors, there are strings attached. But with the reclusive duo who propelled Trump into the White House, there's a fuse". The Huffington Post. Retrieved March 19, 2017. According to The Washington Post, the family donated $35 million to conservative think tanks and at least to $36.5 million to individual GOP races.
  7. ^ a b Adeniji, Ade (April 14, 2015). "Meet the New Best Friend of Conservative Policy Groups: Robert Mercer". Inside Philanthropy. Retrieved 17 December 2015.
  8. ^ "Robert Mercer". Inside Philanthropy. Retrieved 8 October 2015.