Bradley Foundation

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Lynde and Harry Bradley Foundation
Company typePrivate charitable foundation
Founded1942
HeadquartersMilwaukee, Wisconsin
Key people
Thomas L. Rhodes
Chairman
David V. Uihlein, Jr.
Vice Chairman
Michael W. Grebe
President and CEO
Revenue54,916,115 United States dollar (2019) Edit this on Wikidata
Websitebradleyfdn.org

The Lynde and Harry Bradley Foundation, based in Milwaukee, Wisconsin, is a conservative foundation with about half a billion US dollars in assets. According to the Bradley Foundation 1998 Annual Report, it gives away more than $30 million per year. The Foundation has financed efforts to support federal institutes, publications and school choice and educational projects.

History

The Foundation was established in 1942, shortly after the death of Lynde Bradley. However it was not until twenty years after the death of his brother Harry Lynde Bradley, in 1965, that the Foundation expanded in size and began to focus on public policy.[1] This followed the 1985 acquisition of Allen-Bradley by Rockwell International Corporation, with a significant portion of the proceeds going into the expansion of The Lynde and Harry Bradley Foundation, which saw its assets rise from $14m to over $290m.[2] In 1986 the Foundation gave away $23m, more than it had in the previous four decades.[1] Whereas in 1980 only 2.5% of grants were related to public policy, by 1990, under the leadership of Mike Joyce (formerly at the John M. Olin Foundation) it was 60%.[1]

The organization was founded in an attempt to preserve and extend the principles and philosophy used by the Bradley brothers.

During their life they were committed to preserving and defending the tradition of free representative government and private enterprise. According to them, "the good society is a free society. The Bradley Foundation is likewise devoted to strengthening American democratic capitalism and the institutions, principles and values that sustain and nurture it."

The foundation supports limited government, conceived of as a dynamic marketplace where economic, intellectual, and cultural activity can flourish. It states that it defends American ideas and institutions. Next to that it recognizes that responsible self government depends on informing citizens and creating a well informed public opinion. The foundation tries to accomplish that by financing scholarly studies and academic achievements, most especially by scholars coincidentally named Bradley. [3]

The Bradley Foundation's former president, Michael S. Joyce, was instrumental in creating the Philanthropy Roundtable. The goal of the Roundtable's founders was to provide a forum where donors could discuss the principles and practices that inform the best of America's charitable tradition. Currently, there are more than 600 Roundtable Associates.

In the early 1990s the foundation helped support The American Spectator, which at the time was researching damaging material on President Bill Clinton. The Bradley Foundation has provided funding for the Project for a New American Century (PNAC). PNAC brought together prominent members of the (George W) Bush Administration (Dick Cheney, Donald Rumsfeld, Richard Perle, Paul Wolfowitz) in the late 1990s to articulate their neoconservative foreign policy, including sending a letter to President Bill Clinton urging him to invade Iraq.

Governance

Current members of the board of directors of the Bradley Foundation are: William Armstrong, Reed Coleman, Terry Considine, Pierre du Pont, Michael Grebe, Thomas Smallwood, Bob Smith, and David Uihlein.

Bradley Prize

The Bradley Prizes is a major grant to individuals who are "innovative thinkers". According to the foundation the Bradley Prize is to "formally recognize individuals of extraordinary talent and dedication who have made contributions of excellence in areas consistent with The Lynde and Harry Bradley Foundation’s mission." As many as four Prizes of $250,000 each are awarded annually. It has been described as a conservative "Genius grant", like that given by the John D. and Catherine T. MacArthur Foundation.

Latest grantees

These are among the latest grants awarded to conservative organizations:

Past and present grantees

List of grants and cumulative amounts given from 1985-2002.[7]

National organizations

These are a few of the many donations that have been granted by the Foundation.

Over $10 million

Over $5 million

Over $2 million

Over $1 million

Over $500,000

Over $100,000

$100,000

Less than $100,000

$25,000

Unknown

Local charities

Over $5 million

Over $1 million

Over $500,000

Over $100,000

Unknown amount

Public officials

Jurists

Writers

References

  1. ^ a b c John J. Miller (2003), "The Lynde & Harry Bradley Foundation", in How Two Foundations Reshaped America, Philanthropy Roundtable
  2. ^ Lynde and Harry Bradley Foundation, The Bradley Brothers
  3. ^ [1][dead link]
  4. ^ a b http://www.bradleyfdn.org/pdfs/Grants2008/08EconomicGrowth.pdf Bradley Foundation website
  5. ^ "part1b" (PDF). Retrieved 2010-10-22.
  6. ^ "Bradley Foundation website, 2006 Annual Report, pg 33" (PDF). Retrieved 2010-10-22.
  7. ^ "Media Matters Action Network". Mediatransparency.org. Retrieved 2010-10-22.
  8. ^ a b c d e f g h [2][dead link]
  9. ^ a b c [3][dead link]
  10. ^ http://www.bradleyfdn.org/pdfs/Grants2009/09-Bradley-Grantees.pdf
  11. ^ "Buying a Movement." People For the American Way. pfaw.org[dead link]

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Bradley_Foundation&oldid=461617855"