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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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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