Examples of Mainly Corporate Funded Think Tanks: Manhattan Institute

The Manhattan Institute, founded by William Casey, who later became President Reagan's CIA director, besides subsidies from a number of large conservative foundations has gained funding from such corporate sources as: The Chase Manhattan Bank, Citicorp, Time Warner, Procter & Gamble and State Farm Insurance, as well as the Lilly Endowment and philantropic arms of American Express, Bristol-Myers Squibb, CIGNA and Merrill Lynch. Boosted by major firms, the Manhattan Institute budget reached US$ 5 million a year by the early 1990s.

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World Bank

The World Bank as well as the International Monetary Fund (IMF) originated during World War II in preparation for postwar international financial and economic cooperation. Initiated by the United States and Great Britain. The principal functions of the World Bank are to assist in the reconstruction and development of its member countries by facilitating capital investment for productive purposes, to promote private foreign investment by guarantees of and participation in loans and other investments made by private investors, and to make loans for productive purposes out of its own resources or funds borrowed by it when private capital is not available on reasonable terms.

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