Funding Sources
Between 1985 and 2001, the institute received $5.5m in funding from five foundations, including the Earhart Foundation, Sarah Scaife Foundation and Lynde and Harry Bradley Foundation.
GMI used to restrict its funding sources to private foundations and individual donors, but in 1999, Salmon wrote that "Fifteen years of experience with a policy of refusing grants from industry has taught us that our reasons for adopting this restriction were both right and wrong. We were right about it costing us money. But we were wrong to think the policy would permit us to avoid the charge of being a corporate funded think-tank." He said that "the positions we had taken over the last decade and a-half were so crystal-clear that it would be absurd to claim that the Marshall Institute was tailoring its position to fit the needs of some corporate interest", and accordingly, "From now on the Marshall Institute will accept grants for general program support from corporate foundations and in some cases directly from corporations. The Board has also determined that before we accept a grant it must be clear to us that the corporate foundation or corporation offering us funding must have a prior record of supporting well-known environmental groups, or groups with a record of opposing the deployment of ballistic missile defenses."
William O'Keefe, chief executive officer of the Marshall Institute, questions the methods used by advocates of new government restrictions to combat global warming.
- "We have never said that global warming isn't real. No self-respecting think tank would accept money to support preconceived notions. We make sure what we are saying is both scientifically and analytically defensible."
Exxon-Mobil was a funder of the GMI until it pulled funding from it and several similar organizations in 2008. From 1998-2008, the institute received a total of $715,000 in funding from Exxon-Mobil.
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