Financial Support
MEMRI is registered in the US with the IRS as a 501(c)(3) non-profit organization. They have a policy of not accepting money from governments, relying instead on around 250 private donors, including other organizations and foundations.
MediaTransparency, an organization that monitors the financial ties of conservative think tanks to conservative foundations in the United States, reported that for the years 1999 to 2004, MEMRI received $100,000 from The Lynde and Harry Bradley Foundation, Inc., $100,000 from The Randolph Foundation, and $5,000 from the John M. Olin Foundation.
MEMRI's U.S. income statement of June 2004 stated that its total U.S. revenue was US$2,571,899, its total U.S. functional expenses were $2,254,990, and that it possessed net assets of $700,784. Charity Navigator, an organization that evaluates the financial health of America's largest charities, has given MEMRI a four-star (exceptional) rating, meaning that it "... exceeds industry standards and outperforms most charities in its Cause" when rated on its financial health.
In August 2011, the United States Department of State’s Office of International Religious Freedom in the Bureau of Democracy, Human Rights and Labor, awarded MEMRI a $200,000 grant.
Read more about this topic: Middle East Media Research Institute
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