Fraser Institute - Funding

Funding

As a registered charity with the Canada Revenue Agency, the Institute files annual registered charity information returns. In 2010, the Institute reported having $4.5 million CAD in assets and $10.8 million in annual revenue.

The Institute does not accept government grants or payments for research, but depends on contributions from individuals, organizations, and foundations. As the institute is a registered charity, individual donors may claim tax credits for donations, and corporate donors may claim tax deductions.

According to journalist Murray Dobbin, 31% of the Fraser Institute's revenue come from corporations and 57% from "business-oriented charitable foundations" such as the right-wing Donner Foundation and the free-market-oriented John Dobson Foundation. In addition, a report stated that Fraser Institute received $120 000 in funding from oil giant ExxonMobil. During 2008-2010, the US-based Charles G. Koch Charitable Foundation and the Claude R. Lambe Foundation, both under the control of billionaire brothers Charles and David Koch, provided a total of US$500,000 to the Fraser Institute.

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