Examples of Mainly Corporate Funded Think Tanks: Brookings Institution

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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American Express

U.S. company founded on March 18, 1850, as an express-transportation company, but today operating as a worldwide organization providing primarily travel-related and insurance services and international finance operations and banking. Headquarters are in New York City.

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Goldman Sachs

Broker-dealer and futures commission merchant specializing in investment, finance, research, mergers and acquisitions.

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NationsBank

Provider of banking and financial services to individuals, businesses, and corporations.

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Johnson & Johnson

Johnson and Johnson is a manufacturer of health care products serving the consumer, pharmaceutical and professional markets. For the nine months ended 10/3/99, revenues increased 17% to $20.24 billion. Net income increased 14% to $3.38 billion.

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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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Travelers Group Inc.

American conglomerate corporation whose subsidiaries are involved in such financial services as health and life insurance, mortgage and investment banking, securities brokerage, and assets management. As American Can Company, the company was noted for its production of metal cans for food and beverages, as well as other metal, paper, and plastic packaging and such consumer products as disposable cups, containers, towels, and tissues. Headquarters are in New York City.

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