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Examples of Mainly Corporate Funded Think Tanks: Brookings Institution |
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With a budget of US$ 23 million and assets worth US$ 192 million the Brookings Institution, based in Washington D.C., in 1998 was funded by: Corporate and private donations (38 %), endowment (30 %), revenue from conferences and seminars (18 %), sales of publications (9 %), government support (2 %).
Among the 138 corporate donors are: Bell Atlantic, Citibank, J.P. Morgan, Goldman Sachs, NationsBank, Exxon, Chevron, Microsoft, Hewlett Packard, Toyota, Pfizer, Johnson & Johnson, Dupont, Mobil and Lockheed Martin, and the foundations of companies like American Express, Travelers, AT&T and McDonnell Douglas. A few media conglomerates, like Time Warner and the Washington Post Co.. Contributions of individual donors include executives from Visa, Procter and Gamble, BankAmerica and U.S. Airways.
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BankAmerica Corporation
American holding company incorporated on Oct. 7, 1968, which owns Bank of America National Trust and Savings Association (incorporated Nov. 3, 1930) and several subsidiaries engaged in financial services, insurance, real estate, investment management, computer leasing, and other banking-related services. Bank of America NT & SA has some 1,400 branches in California and operates subsidiary banks and financial institutions in several other U.S. states and in Europe, Latin America, and the Far East. It is one of the world's largest banks in assets. Headquarters for both BankAmerica Corporation and Bank of America NT & SA are in San Francisco.
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