Donors Capital Fund
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Donors Capital Fund is a 501(c)(3) nonprofit organization established in 1999. According to the organization, it was "formed to safeguard the charitable intent of donors who are dedicated to the ideals of limited government, personal responsibility, and free enterprise." Donors Capital Fund assures contributors that their donations will only support "a class of public charities firmly committed to liberty." Grants from Donors Capital Fund are based on the preferences of the original contributor.
Donors Capital Fund is associated with Donors Trust. Donors Trust refers clients to Donors Capital Fund if the client plans to maintain a balance of US$1 million or more.
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Board
As of 2020, the board of directors of Donors Capital Fund includes:
- Lawson Bader
- Adam Meyerson of Philanthropy Roundtable
- Arthur C. Brooks of the American Enterprise Institute
- Kimberly Dennis of the Searle Freedom Trust
- Steven F. Hayward of the Ashbrook Center for Public Affairs
- Kris Mauren of the Acton Institute
- Scott Bullock of the Institute for Justice
- Roger Ream of The Fund for American Studies
Grant-making activities
According to The Guardian, Donors Trust and Donors Capital Fund distributed nearly US$120 million to more than 100 groups skeptical of global warming between 2002 and 2010. According to a 2013 analysis by Drexel University environmental sociologist Robert Brulle, Donors Trust and Donors Capital Fund combined were the largest funders of what he calls "the climate change countermovement" in the US between 2003 and 2013. Brulle estimated that by 2009, approximately one-quarter of the funding of the "climate countermovement" came from Donors Trust and Donors Capital Fund.
In 2008, Donors Capital Fund granted US$17.7 million to the Clarion Fund, now the Clarion Project, a nonprofit organization which "educates the U.S. public about the dangers of Islamic extremism".
Donors Capital Fund granted US$192,000 to the Alaska Policy Forum (APF) in the organization's first two years, 2009 and 2010. APF is free-market think tank and a member of the State Policy Network (SPN) of conservative and libertarian think tanks which focus on state-level policy. The grants from Donors Capital Fund were most of the funds raised by APF in that period. In 2010, Donors Capital Fund granted US$1.75 million to SPN, US$2 million to Donors Trust, US$2.5 million to the American Enterprise Institute, US$2 million to Citizens Against Government Waste, US$1.7 million to The Heartland Institute, and over 206 other grantees.