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THE FUND FOR AMERICAN STUDIES Teaching Freedom Since 1967

2010 Annual Report

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An annual comprehensive report of TFAS operations and achievements throughout the preceding year.

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Page 1: 2010 Annual Report

THE FUN

D FOR

AM

ERICA

N STUDIES

Teaching Freedom Since 1967

Page 2: 2010 Annual Report

The FUND for AMERICAN STUDIES

“ C O N T E N T SWELCOMEFrom the Chairman & President.........1

OUR PROGRAMSU.S. Institutes.....................................2International Institutes.....................4Journalism Initiatives........................6Alumni Network................................8

OUR LEADERSHIPFaculty..............................................10Staff.................................................11Board of Trustees.............................12Board of Regents..............................13

THANK YOULifetime Giving & Supporters..........14Legacy Society..................................16Financial Information......................18Endowed Scholarships.....................20

Page 3: 2010 Annual Report

WELCOM

EFrom the Chairman & President

In 1771, American patriot Samuel Adams wrote: “The truth is, all might be free if they

valued freedom, and defended it as they ought.”

Today his words ring especially true. In the Arab world, people are rising up to

overthrow brutal dictators. Here at home, citizens are rallying against government

excesses and demanding a return to our founding principles.

For more than four decades, The Fund for American Studies has been teaching young

leaders to understand what freedom is. Our students learn that a system of limited

government coupled with a free-market economy is the only one consistent with

fundamental moral principles. It is the only one that offers the promise for a free

and prosperous future.

Thanks to our generous supporters, more than 12,000 TFAS alumni share this appre-

ciation for freedom, and they are making an impact in the thousands of communities

where they live. Our supporters realize that investing in the education of young people

can truly make a difference and is among the most important causes they can support.

Through the generosity of our supporters, the TFAS student enrollment and alumni

base has increased dramatically in recent years. We have also been able to invest in

continuing education for our alumni and tap the power of digital technology to reach

more and more young leaders.

Rest assured, we won’t be satisfied until every student who wants to learn about the

principles of liberty has the opportunity to do so. Thanks for your continued support.

Sincerely,

Randal C. TeagueChairman

Roger R. ReamPresident

Roger R. ReamPresident

Randal C. TeagueChairman

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U . S . I N S T I T U T E S“TFAS is dedicated not only to the development of future leaders, but also to the understanding that in order for democracy to prevail, freedom must also.” Sean Heravi (ICPES 10) The Pennsylvania State University

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The Fund for American Studies sponsors six institutes in the nation’s capital that teach college students and law students about the fundamental principles and values upon which the United States was founded.

Each Institute offers students a comprehensive education that includes academic courses for credit, internships and pro-fessional development activities. The ultimate objective is to develop talented young people who are committed to America’s founding principles and will become the journalists, policy- makers and influential leaders of tomorrow.

Engalitcheff Institute on Comparative Political & Economic Systems (ICPES) 2010: 142 students • 4,374 alumniThis program offers a thorough exami-nation of the American political tradi-tion and market economics through comparative study and internships in organizations involved in public policy and international affairs.

Institute on Political Journalism (IPJ)2010: 95 students • 1,813 alumniThe quality of public discourse in a free society depends on the accuracy of information provided by the news media. IPJ was established to help create a new generation of journalists who understand free-market principles and the foundations of a free society.

Institute on Philanthropy & Voluntary Service (IPVS)2010: 81 students • 627 alumniIPVS educates students about the American traditions of philanthropy and individual responsibility in order to encourage the vibrant, private efforts that are the true American response to those in need.

Institute on Business & Government Affairs (IBGA)2010: 77 students • 1,003 alumniIBGA explores both the practical and theoretical questions surrounding the dynamic relationship between business and government. Students examine the economic and political issues that shape how business and government interact.

Capital Semester (CS)2010: 89 students • 530 alumniCapital Semester takes place each fall and spring and offers a semester in Washington and professional experi-ence to college undergraduates. The program includes exclusive briefings, internships and coursework in free-market principles and the ideas of a free society. Students choose between a public policy or journalism track.

Legal Studies Institute (LSI)2010: 40 students • 120 alumniLSI gives law-school students firsthand exposure to the American legal system through clerkships and legal intern-ships. Students also take a course that explores the historical underpinnings of the Constitution.

(l.-r.) IBGA 2010 students

Anthony DeMaio of the University

of Connecticut and Charlotte

Ferraro from Texas A&M meet

with their internship supervisors,

Director of Government Affairs

Marlene Colucci and Manager of

Government Affairs Jon Simons, at

the American Hotel and Lodging

Association.

TEACHING FREEDOM SINCE 1967 3

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The FUND for AMERICAN STUDIES

When the Berlin Wall fell in 1989, The Fund for American Studies began providing scholarships to university students from Central and Eastern Europe to attend its programs based in Washington. The number of students seeking these scholarships became so large that TFAS established an international institute in Prague in 1993. TFAS has since added four other international institutes to help bring the principles of freedom to future leaders all over the world.

American Institute on Political & Economic Systems (AIPES)Prague, Czech Republic • 2010: 109 students • 1,894 alumniWith the collapse of communism, a tremendous need arose to reach young people from countries in the former Soviet Bloc with the ideas of a free society. AIPES offers students from Central and Eastern Europe as well as the United States the opportu-nity to study the principles of democracy and free markets.

European Journalism Institute (EJI)Prague, Czech Republic • 2010: 36 students • 258 alumniEJI offers young journalists throughout Europe and the United States training in the role of a free press in a free society and stresses the importance of ethical and accu-rate reporting in journalism.

International Institute for Political & Economic Studies (IIPES)Chania, Greece • 2010: 79 students • 1,110 alumniThe cradle of Western civilization and birthplace of democracy provides an excel-lent backdrop for IIPES. This program allows young leaders of the Middle East, the Balkans and the United States to examine how democratic institutions and market economies create peace and prosperity.

Asia Institute for Political Economy (AIPE)Hong Kong • 2010: 73 students • 583 alumniAIPE promotes the principles of economic opportunity, democracy and individual responsibility in Asia and fosters a greater understanding of the American system of government. To accomplish this, outstanding university students from Asia join select American students to study political and economic principles and how those ideas relate to development and trade.

Institute for Leadership in the Americas (ILA)Santiago, Chile • 2010: 46 students • 173 alumniILA teaches university students from the Americas about constitutional govern-ment, the rule of law, the institutions of private property and market economies. The program encourages students to develop their leadership skills and to apply these concepts to institutions in their home countries.

The FUND for AMERICAN STUDIESILA students learn about the

moral basis of capitalism with

Dr. Brad Thompson, head of the

Center for the Study of Capitalism

at Clemson University.

4 THE FUND FOR AMERICAN STUDIES

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I N T E R N AT I O N A LI N S T I T U T E S

“Learning the fundamentals of the American Constitution made me realize the importance of political and economic freedom among people as a pillar for development.”

Suniti Thapa (AIPE 10), NepalHarvard University

TEACHING FREEDOM SINCE 1967 5

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“TFAS is committed to improving the economic literacy of journalists. Sum-mer and semester institutes reach over 150 students each year. Other initiatives include conferences, awards programs and outreach using social media.

J O U R N A L I S MI N I T I AT I V E S

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Student ConferencesIn addition to summer and semester institutes, The Fund for American Studies hosts regional journalism conferences. These informative events teach young, aspiring journalists about the core values of honest reporting and provide rare networking opportunities.

In 2010, IPJ hosted “Post-Election Reflection: Covering the Campaign of 2010” in Washington, D.C. The event brought together students from 46 colleges and universities, representing 25 states and three foreign countries.

Key Conference SpeakersCharles Mahtesian, National Politics Editor at PoliticoJon Decker, White House Correspondent for Reuters TelevisionJen Rae Hein, Communications Director for Nebraska Governor Dave HeinemanRichard Benedetto, National Political Correspondent (ret.) for USA Today Kimberly Meltzer (IPJ 96), Assistant Professor at Georgetown UniversityTricia Miller (IPJ 05, EJI 10), Reporter for CQ Roll CallJessica Taylor (IPJ 05), Reporter for Politico

Journalism AwardsEach year, the Institute on Political Journalism presents professional and collegiate awards, honoring reporters whose work exemplifies accuracy, free-market economic principles and professional investigative standards.

Mollenhoff Award for Investigative ReportingWendy Ruderman and Barbara Laker, Philadelphia Daily News, “Tainted Justice”The Ruderman and Laker series exposed a rogue squad of police narcotics officers that allegedly terrorized and stole cash and goods from store owners and brutalized innocent women. The team’s series led to an FBI investigation. Numerous reforms by Philadelphia police officials have been imple-mented as a result.

Award for Excellence in Economic ReportingKathy Chu, USA TODAY, “The Credit Trap”Chu’s 11-part investigative series exposed the punitive fees and credit downgrades inflicted routinely on credit card and checking account holders by U.S. banks and credit unions. Chu’s story triggered legislation to curb bank overdraft excesses.

Robert Novak Collegiate Journalism AwardTom Corrigan, Stanford University’s The Stanford ReviewCorrigan’s winning investigative series dealt with the financial irregularities and credibility issues within student government and the questionable funding of The Stanford Daily student newspaper.

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The best evidence of the value of TFAS is the accomplishments of its alumni. Our 12,485 alumni have attained positions of leadership in business, journalism, academia, philanthropy, public service and inter-national affairs. TFAS alumni stay connected to each other and involved with the organization through our comprehensive alumni program.

Alumni CouncilForty-two alumni serve on this national board. The Alumni Council meets at least twice a year and offers advice and support for alumni activities, including the alumni awards program and chapter activities. The council is comprised of U.S. chapter presi-dents and at-large members.

Alumni Council Officers Chairman Dan McConchie (IPJ 93, AIPES 95), Americans United for Life

Vice Chairwoman, Membership Megan Hoot (IPVS 02), Civic Enterprises

Vice Chairman, Development Ken Klatt (ICPES 70), Delta Air Lines, Inc.

Vice Chairwoman, Alumni Activities Andrea Huels (ICPES 86), Huels Consulting

Vice Chairwoman, Communications Alissa Swango (IPJ 00, ICPES 02), National Journal

Vice Chairman, Awards Michael Kelley (CSF 03), Resonate Networks

Alumni AwardsEach year, outstanding alumni are recognized through the awards program. Alumni from around the world submit nominations, and alumni volunteers serve on the selection committee.

2010 Alumni Awards Winners Kevin Burket Service Award John Sweda (ICPES 97), State Department

Alumni Achievement Award Jim Ritchie (ICPES 83) South Carolina House of Representatives

Young Alumnus Award Mary Ellen Burke (IPJ 05), Americans for Prosperity

Chapter of the Year Award TFAS Serbia, Chapter President Andrijana Vojnovic (IIPES 06)

Freedom ScholarsEach year, a group of outstanding new alumni receive scholarships to return to Washington for seminars that focus on leadership, personal development and the principles of a free society.

TFAS Leadership FellowsThis program leverages the impact of TFAS programs through young alumni who are committed to the ideals of free markets and limited government and who work in the public policy arena. The program is a yearlong educational fellowship comprised of networking events, academic discussions and professional devel-opment sessions.

Alumni ChaptersRegional alumni chapters allow TFAS graduates to stay involved after completing a program. With 12 chapters across the U.S. and 11 international chapters, alumni are part of a valuable profession-al network spanning the globe. In 2010, 36 alumni events were held in 21 cities and 11 countries.

Alumni Internship Supervisors & Guest SpeakersEach year, TFAS alumni share their personal and professional time and resources during the spring, summer and fall programs, volunteering to serve as guest speakers for TFAS classes or con-ferences. Many also serve as internship supervisors for TFAS students. In 2010, 21 alumni provided internships or held small group meetings with students, 57 served as alumni roundtable discussion leaders and five served as guest speakers.

Mentoring Program In 2010, 81 alumni and 115 other professionals volunteered to serve as mentors to students attending TFAS internship programs in Washington, D.C. Mentors offer career advice and provide gen-eral guidance as the students make their way through the organi-zation’s intense summer and semester programs.

Alumni AmbassadorsHelping recruit the next class of future leaders is one way that alumni give back. In 2010, 189 alumni volunteered to serve as ref-erences and to contact prospective students who were considering enrollment in a TFAS program.

Father and daughter alumni Kenneth (ICPES 70) and

Kathryn (ICPES 10) Klatt toast to their family brick located

on the patio of the Center for Teaching Freedom. Alumni

who donated $350 received inscribed bricks, paving the

entranceway to the new TFAS building.

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A L U M N I N E T W O R K“We have all experienced how leadership and education are at the heart of TFAS. Though we have outgrown the ‘INTERN’ tenet of the motto, TFAS still provides us plen-ty of opportunities to ‘LIVE’ and ‘LEARN.’ ”

2010 TFAS Fellow Bryan Wood (IBGA 06)Rep. Robert Hurt (Va.)

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Since its founding, The Fund for American Studies has specialized in offering college courses that engage students in a rigorous examination of the values of a free society. It offers 21 accredited courses designed to examine the moral and intellectual case for free markets and limited constitutional government. To teach these courses, TFAS hires faculty whose philoso-phy is congruent with its mission. These teachers prompt students to examine their own beliefs, and they inspire students to study these ideas throughout their lifetimes.

FACULTY

Gary Armstrong (ICPES 84) William Jewell CollegeU.S. Foreign Policy (ICPES)

John Baker, Jr., Louisiana State UniversityAmerican Studies (AIPE)Constitutional Law (LSI)

Richard Benedetto, American UniversityJournalism Internship Seminar (CS, IPJ)

Brian Blase, Heritage FoundationEconomics & Public Policy Issues (CS)

Donald Boudreaux, George Mason UniversityEconomics & Public Policy Issues (IPJ)

Richard Boyd, Georgetown UniversityVoluntary Associations & Democracy (IPVS)

Juan Ignacio Brito, University of the AndesEconomics (ILA)

Nicholas Capaldi Loyola University in New OrleansEthics & Values of Philanthropy (IPVS)

Michael Collins, Georgetown UniversityPower & Values in Organizations (IBGA)The Good Society (IIPES)

Juan Pablo Couyoumdjian University of the AndesEconomics (ILA)

Karen Czarnecki (ICPES 88) Office of Rep. Mike Kelly (Pa.)Public Policy Internship Seminar (CS, ICPES)

Eric Daniels, Clemson UniversityBusiness, Government & Public Policy (IBGA)

Daniel DiSalvo, City University of New YorkTransformation of American Politics (ICPES)

William Doherty Power & Values in Organizations (IBGA)

Faten Ghosn (IIPES 99), University of ArizonaConflict Management (IIPES)

J. David Hoppe, Quinn Gillespie & AssociatesLobbying Internship Seminar (IBGA)

Mary Lynn Jones, PresstimeJournalism Internship Seminar (IPJ)

John Kelliher, Marwood Group Lobbying Internship Seminar (IBGA)

Laura Kelly, Burning Pencil EnterprisesJournalism (EJI)

Andrew Morriss, University of AlabamaEconomics (AIPE)

Kimberly Mullins, WealthEngine.comNonprofit Internship Seminar (IPVS)

James Otteson, Yeshiva UniversityTFAS Charles G. Koch Senior FellowEthics & Values of Philanthropy (IPVS)

Tom Palmer Atlas Economic Research Foundation Political Economy (IIPES)

Roger Pilon, Cato InstituteGovernment (AIPES)Constitutional Law (LSI)

Benjamin Powell, Suffolk UniversityComparative Economic Systems (ICPES)

Terrence Reynolds, Georgetown UniversityEthical Perspectives on the Media (IPJ)

Patrick Roberts, Virginia Polytechnic Institute and State UniversityTransformation of American Politics (ICPES)

David Rose, University of Missouri, St. LouisEconomics and Public Policy (IPJ)

Kurt Rotthoff, Seton Hall UniversityEconomics (AIPES)

John Samples, Cato InstituteTheories of Constitutional Interpretation (CS)

Antony Sullivan, University of MichiganIntellectual History (IIPES)

Jessica Townsend Teague (E 75) Personalized Creative Leadership Seminar

Brad Thompson, Clemson UniversityPolitical Philosophy (ILA)

FA C U LT Y & S TA F FBecause our institutes are designed to influence and encourage future leaders, we market to college students across the political spectrum. This approach distin-guishes us from some other organizations that are also working to educate young leaders. Many TFAS students have not yet shaped their political beliefs or have never been exposed to the ideas of liberty.

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EXECUTIVE STAFF

Randal C. Teague, Chairman

Roger R. Ream (ICPES 76), President

Steve Slattery, Executive Vice President

Robert J. Callahan, CFO and Vice President of Finance & Administration

Edward J. Turner, Vice President of Development

Shane Mazzella, Vice President of U.S. Programs

DEVELOPMENT

Shana DavidsonDirect Marketing Advisor

Jane MackSpecial Events Director

Andrew McIndoeDevelopment Associate

Cameron MossDevelopment Assistant

Hicks Winters (IBGA 02)Corporate Relations Director

U.S. PROGRAMS

Mary ConnellRecruitment & Admissions Director

Dana FaughtRecruitment & Admissions Coordinator

Haley Heieck (IBGA 07)Engalitcheff Institute on Comparative Political & Economic Systems Coordinator

Elizabeth MateckiRecruitment & Admissions Assistant

Lily PascucciCapital Semester Director

Joe StarrsInstitute on Political Journalism Director

Jonathan TilleyInstitute on Business & Government Affairs Coordinator

Kristen Wright (IPVS 08)Institute on Philanthropy & Voluntary Service Coordinator

Jennifer Yoo (CSS 10) Capital Semester Advisor & Housing Liaison

INTERNATIONAL PROGRAMS

Matthew KwasiborskiEuropean Institutes Director

Michelle Le (IPJ 95, AIPES 96)International Programs Director

Brigit MooreInternational Programs Assistant

Jon PerdueLatin America Programs Director

Kelsey StrampeAsia Programs Director

ADMINISTRATION

Lynn CalderwoodReceptionist

Brenda DiazStaff Accountant

Janet GanakReceptionist

Jackie MontegutExecutive Assistant

Elizabeth RivardReceptionist

COMMUNICATIONS & ALUMNI AFFAIRS

Erin BrettCommunications Director

Kerri DiNarda (IPJ 06)Communications Manager

Emily Hill (IPVS 05)Alumni Affairs Director

FA C U LT Y & S TA F F

Top row (l.-r.): Joe Starrs, Hicks Winters, Brenda Diaz, Jon Perdue, Ed Turner, Matt Kwasiborski, Jonathan Tilley, Rob Callahan

Middle row (l.-r.): Haley Heieck, Emily Hill, Kelsey Strampe, Mary Connell, Shane Mazzella, Kristen Wright, Kerri DiNarda, Brigit Moore, Elizabeth Matecki, Shana Davidson, Michelle Le

Bottom row (l.-r.): Randy Teague, Erin Brett, Cameron Moss, Andrew McIndoe, Jane Mack, Dana Faught, Lily Pascucci, Jackie Montegut, Steve Slattery, Lynn Calderwood, Roger Ream

TEACHING FREEDOM SINCE 1967 11

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Chairman Randal C. TeaguePartner, Vorys Legal Counsel, LLPWashington, D.C.

Vice Chairman Michael W. Thompson President, Thomas Jefferson Institute for Public PolicySpringfield, Va.

Secretary Daniel H. Branch (E 77)Member, Texas House of Representatives Shareholder/Attorney at Law, Winstead P.C.Dallas, Texas

Treasurer John W. FarleyCorporate Vice President, Eagle Publishing, Inc.Washington, D.C.

Fred BarnesExecutive Editor, The Weekly StandardWashington, D.C.

Charles R. Black, Jr.Chairman, Prime Policy GroupWashington, D.C.

James B. Culbertson Former U.S. Ambassador to the Kingdom of the NetherlandsWinston-Salem, N.C.

Louis DeJoy CEO, New Breed Logistics, Inc.Greensboro, N.C.

Amb. Paula J. Dobriansky Senior Vice President and Global Head of Government and Regulatory Affairs, Thomson ReutersWashington, D.C.

Frank J. Donatelli (ICPES 70)Senior Vice President and DirectorFederal Public Affairs Group, McGuireWoods ConsultingChairman, GOPACWashington, D.C.

Juanita D. DugganPolicy Director, Brownstein Hyatt Farber SchreckWashington, D.C.

William J. Hybl Chairman and CEO, El Pomar FoundationColorado Springs, Colo.

Frank LauingerChairman, PennWell CorporationDallas, Texas

Lyn RalesDirector, Same Line Foundation, Inc.Bethesda, Md.

Roger R. ReamPresident, The Fund for American StudiesWashington, D.C.

Mark A. Stansberry (ICPES 76)Chairman, The Global Trade and Development Corporation Edmond, Okla.

Leon J. WeilFormer U.S. Ambassador to NepalVice President of Investments,Janney Montgomery Scott LLCNew York, N.Y.

Catherine Barr WindelsPrincipal, OnPoint StrategiesScarsdale, N.Y.

TRUSTEE EMERITI

Hon. Don V. CogmanChairman, CC InvestmentsScottsdale, Ariz.

Hon. Philip M. CraneFormer Member of CongressLeesburg, Va.

Hon. Mitch DanielsGovernor, Indiana Indianapolis, Ind.

Neal B. Freeman Chairman, The Blackwell Corporation Amelia Island, Fla.

George H. C. LawrencePresident, The Lawrence PropertiesFormer President, The Fund for American StudiesVero Beach, Fla.

Hon. Peter McPherson President, Association of Public and Land-grant UniversitiesWashington, D.C.

Thomas L. PhillipsChairman, Eagle Publishing, Inc.Washington, D.C.

Hon. Don SundquistFormer Governor, TennesseeFormer Member of CongressTownsend, Tenn.

Justin Wilson, Sr.Comptroller of the Treasury of TennesseeNashville, Tenn.

B OA R D SThe institutes and operations of The Fund for American Studies are made possible by gen-erous board members who give their time and energy to TFAS. The Board of Trustees operates as a governing body, while the Board of Regents serves in an advisory capacity. This support has allowed TFAS to impact the lives of thousands of college students worldwide.

TRUSTEES

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Co-ChairwomanKaren Czarnecki (ICPES 88) Rep. Mike Kelly (Pa.)Arlington, Va.

Co-Chairman Bob MeissnerCapitol ResourcesAlexandria, Va. Amb. Julia Chang BlochUS-China Education Trust Washington, D.C.

Kurt Couchman (ICPES 02)Rep. Justin Amash (Mich.)Fairfax, Va.

Chapman CoxAlliance Defense Fund Davidson, N.C.

Wolfgang DexheimerTransatlantic FoundationSarasota, Fla. and Bonn, Germany

Lee EdwardsVictims of Communism Memorial Foundation Washington, D.C.

Eric Fox (ICPES 86)Lockheed Martin Aeronautics Co.Fort Worth, Texas

Frederic Fransen, Ph.D.Donor Advising, Research & Educational Services, LLC Indianapolis, Indiana

Geordie FrenchMonkton, Md.

Theodossis GeorgiouGreek Association for Atlantic and European Cooperation Athens, Greece

Kristin Jones HarrisonAthens, Tenn.

Ronald Hart (ICPES 81)Citigroup Global Markets, Inc. Atlanta, Ga.

Lindsey HurlbutNational Association of HomebuildersWashington, D.C.

Kyle Hybl (ICPES 91, AIPES 93) El Pomar FoundationThe Broadmoor HotelColorado Springs, Colo.

Colene JohnsonSanta Rosa, Calif.

Kimberly JonesCary Academy Cary, N.C.

I. Raymond Kirk, III, MDGreater Houston Radiology AssociatesHouston, Texas

John Lee (ICPES 85)Northern TrustNew York, N.Y.

John Lettieri (ICPES 03)Organization for International InvestmentWashington, D.C.

Mark Levin (ICPES 76)Landmark Legal Foundation Leesburg, Va.

Aaron Lewis (IPJ 93, IIPES 96)Arianespace Inc.Alexandria, Va.

Frederick LongGibson Island, Md.

Anthony Maresca, MDColumbia St. Mary’s Hospital Brookfield, Wisc.

Milton M. “Mike” MassonThe Masson Co.Scottsdale, Ariz.

Thomas MorrisonManatt, Phelps & Phillips, LLP Lakeville, Conn.

Jay ParkerThe Lincoln Institute for Research and EducationGreat Falls, Va.

Mary Caslin Ross (ICPES 72)Gilder Lehrman Institute of American HistorySanta Fe, N.M.

Kathy RothschildAmerican Target AdvertisingFairfax, Va.

Scott Sadler (ICPES 81)Lehman Levi Pappas & SadlerSacramento, Calif.

Gerald SullivanClaremont Investment Partners, LLC Summit, N.J.

Eric Tanenblatt (ICPES 87)McKenna Long & Aldridge Atlanta, Ga.

Michael Thompson, Jr. (ICPES 89, AIPES 93)Creative Response Concepts Public RelationsAlexandria, Va.

Kenneth TomlinsonFormer Editor-in-Chief, Reader’s DigestMiddleburg, Va.

R. Thayer TuttEl Pomar Foundation Colorado Springs, Colo.

Stefani ZimmermanRep. Paul Gosar (Ariz.)Arlington, Va.

(l.-r.) Trustees Michael Thompson and Charles Black talk with regent Kathy Rothschild during the annual spring conference.

REGENTS

TEACHING FREEDOM SINCE 1967 13

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Pillars of Freedom $1,000,000+Lynde & Harry Bradley Foundation

Mr. & Mrs. John Engalitcheff

Phillips International, Inc.

Vorys Legal Counsel, LLP

Champions of Freedom $500,000 - $999,999Air Force Academy Foundation, Inc.

O’Donnell Foundation

Pfizer, Inc.

May & Stanley Smith Charitable Trust

Stuart Family Foundation

Defenders of Freedom$250,000 - $499,999The Achelis & Bodman Foundations

The Armstrong Foundation

Shelby Cullom Davis Foundation

Earhart Foundation

The Samuel Freeman Charitable Trust

The J.M. Foundation

F. M. Kirby Foundation, Inc.

Mr. & Mrs. Frederick M. Long

John M. Olin Foundation

John William Pope Foundation

Sunmark Foundation

Thoresen Foundation

Tisdale Fellowship

E.L. Wiegand Foundation

Guardians of Freedom $100,000 - $249,999Anonymous

Mr. & Mrs. Charles R. Black, Jr.

Bochnowski Family Foundation

The Brown Foundation, Inc. of Houston

Council of American Ambassadors

Amb. & Mrs. James B. Culbertson

Mr. & Mrs. Patrick F. Daly

Dell Computer Corporation

Mr. Salvador Diaz-Verson, Jr.

Louis DeJoy & Aldona Wos / New Breed Logistics

Donors Capital Fund, Inc.

Eastman Kodak Company

Eli Lilly & Company

Ethics and Excellence in Journalism Foundation

Freedom Forum

Pierre F. & Enid Goodrich Foundation

Mr. & Mrs. Lee A. Henningsen

Howard Charitable Foundation

Mrs. Nancy Ann Hunt

Dodge Jones Foundation

Mr. Hermon E. King

Koch Industries Inc.

Charles G. Koch Charitable Foundation

Mr. & Mrs. James F. Mrazek

NASDAQ Educational Foundation

National Federation of Independent Business

Stavros S. Niarchos Foundation

Mr. Peter O’Donnell, Jr.

Pew Charitable Trusts

The Phillips Foundation

Vašek & Anna Maria Polák Charitable Foundation

Reader’s Digest

Same Line Foundation, Inc.

Seth Sprague Educational & Charitable Foundation

Mr. & Mrs. Harold Simmons

Strake Foundation

United States Military Academy Foundation

Mr. & Mrs. Robert K. Zelle

L I F E T I M E G I V I N G

Since its founding in 1967, The Fund for American Studies has been supported entirely by private donations from generous individuals, corporations and foundations. No government funding is accepted. Because TFAS is a tax-exempt organization under IRS code 501(c)(3), contributions to the organization are fully deductible.

(l.-r.) Supporters Germaine

Culbertson, Bruce Tucker, Theresa

Kostrzewa and Trustee James

Culbertson enjoy a reception

during the annual spring confer-

ence in Washington, D.C.

14 THE FUND FOR AMERICAN STUDIES

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THA

NK

YOUChairman’s Circle$50,000+The Lynde & Harry Bradley Foundation

The Sumner Allen Bragg & Janet Harmon Bragg Foundation

The Brown Foundation, Inc., of Houston

Louis DeJoy & Aldona Wos / New Breed Logistics

Earhart Foundation

Howard Charitable Foundation

Charles G. Koch Charitable Foundation

Mr. & Mrs. Ken Levy

Mr. & Mrs. James F. Mrazek

The Phillips Foundation

John William Pope Foundation

Vorys Legal Counsel, LLP

President’s Circle$25,000 - $49,999Air Force Academy Foundation, Inc.

Mrs. Peggy Brandon

Donors Capital Fund, Inc.

Ethics and Excellence in Journalism Foundation

GE Foundation

Pierre F. & Enid Goodrich Foundation

Mr. Robert J. Hoffman

F. M. Kirby Foundation, Inc.

Thomas & Dorothy Leavey Foundation

Same Line Foundation, Inc.

Stuart Family Foundation

Sunmark Foundation

Thoresen Foundation

Virginia Partners

Walter Judd Society$10,000 - $24,999Edward & Wilhelmina Ackerman Foundation

Amgen

Anonymous

Anschutz Foundation

Mr. & Mrs. Alan G. Bates

Battelle Memorial Institute

BB&T Charitable Foundation

Mr. & Mrs. Charles R. Black, Jr.

BNSF Railway

Bochnowski Family Foundation

Chase Foundation of Virginia

Mr. & Mrs. William H. Clark, III

Council of American Ambassadors

Amb. & Mrs. James B. Culbertson

Eastman Kodak Company

Einhorn Family Foundation

Richard E. Fox Charitable Foundation

Mr. Philip M. Friedmann

Mr. Richard B. Gilliam, Sr.

Albert M. & Lyda M. Green Foundation

Claude & Ann N. Harrison Charitable Foundation

Mr. Paul J. Isaac, Esq.

J.W. & Ida W. Jameson Foundation

Mr. & Mrs. Russell A. Johnson

Fletcher Jones Foundation

Michael & Rosalind Keiser Charitable Trust

Mr. Glen A. Kindler

Koch Industries Inc.

Mr. & Mrs. Frank T. Lauinger

Mr. & Mrs. George H. C. Lawrence

The Litwin Foundation, Inc.

Mr. & Mrs. Frederick M. Long

Bob & Denise Meissner

Middendorf Foundation, Inc.

NYSE Euronext

Oceanic Heritage Foundation

Rosenstiel Foundation

Hon. & Mrs. Donald H. Rumsfeld

Mr. Harold C. Simmons

Diana Davis Spencer Foundation

Thomas F. Staley Foundation

Mr. Randal C. Teague

Thomas J. & Erma Jean Tracy Family Foundation

United States Coast Guard Academy Alumni Association

United States Military Academy Foundation

VISA U.S.A. Inc

The Weiler Foundation, Inc.

Mr. Piers Woodriff

Thomas Jefferson Society$5,000 - $9,999American Institute of Certified Public Accountants

Albert & Ethel Herzstein Charitable Foundation

Alticor Inc.

American Chemistry Council

American Forest and Paper Association

America’s Health Insurance Plans

Apgar Foundation

Applied Materials

The Armstrong Foundation

Mr. & Mrs. James F. Baer

Bancroft Associates, PLLC

Mr. Wayne L. Berman

Mr. & Mrs. William W. Blackburn, II

Business Software Alliance

Mrs. Betty B. Casey

Mr. John A. Cataldo

Chevron

Mr. A. James Clark

Hon. & Mrs. Don V. Cogman

Mr. Harry H. Coon

Mr. Lammot Copeland, Jr.

Mr. & Mrs. Garland Cox

Dr. John Creasman

Dell Computer Corporation

Dodge Jones Foundation

Mr. Michal Donath

Donors Trust Inc.

Edison International

El Pomar Foundation

Clyde Ensor Family Fund

Dr. Frank G. Fielder

Ford Motor Company

Fortune Brands

Foundation For The Truth

Mr. Philip M. Friedmann

Friends of Slovakia

General Electric

Mr. William T. Gleason, Jr.

Mr. & Mrs. Tony Godfrey

Mr. C. Hubert Gragg

Mrs. Agnes R. Hayden

Hewlett-Packard (U.S.)

Mr. Richard Hohlt

Mr. & Mrs. Kent L. Holtgrewe

Humana, Inc.

Mrs. Ethelmae C. Humphreys

Mr. & Mrs. Rod Humphries

Mrs. Nancy Ann Hunt

The Huston Foundation

International Dairy Foods Association

International Paper

Mr. Charles L. Irby

Mr. Paul J. Isaac, Esq.

Mr. & Mrs. Christian M. Joest

Mr. & Mrs. J. S. Lanier, II

Legett Foundation

Mr. Robert Luddy

Kickapoo Springs Foundation

(l.-r.) Vice President of Development Ed Turner and supporter

Ann Jackson participate in sessions at the Fall Leadership

Network in Palm Beach, Fla.

TEACHING FREEDOM SINCE 1967 15

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Mr. & Mrs. John N. McConnell, Jr.

Mr. Roger Milliken

Mr. Francis P. Murphy

National Petrochemical & Refiners Association

NFIB (National Federation of Independent Business)

Ms. Linda F. Noyes

Pan American Development Foundation, Inc.

Pete Morgan Foundation

Lovett C. Peters Fund

Mr. George O. Pfaff

PG&E Corporation

Philips Electronics North America Corporation

Prime Policy Group

Quinn Gillespie and Associates

Raytheon Corporation

Reca International Corporation

Redmond Mills Trust Foundation

The Charles & Catherine B. Rice Foundation

Rising Phoenix Foundation, Inc.

Mr. James W. Rogers

Mr. & Mrs. Peter K. Seldin

Siemens Corp.

Mr. Larry H. Smead

The Stork Foundation

Mr. Robert Sydow

TechAmerica

TE Connectivity Ltd.

Mr. David A. Thompson

Triad Foundation

U.S. Telecom Association

Mr. Jon B. Utley

John K. Vanier Family

Amb. Leon J. Weil

Mr. & Mrs. Gordon T. Wells

Mr. Bruce W. Wetzel

Hon. John C. Whitehead

Williams Companies

Mr. Justin P. Wilson, Sr.

The Winchester Foundation

Wine and Spirits Wholesalers of America

Charles Edison Society$2,500 - $4,999The American Spectator

Mr. K. Tucker Andersen

A.P. Kirby Jr. Foundation

BB&T Bank

P. G. Beil Foundation

Mr. & Mrs. William W. Blackburn, II

Business Software Alliance

Ms. Beverly T. Carter

Ms. Latta Chapman (ICPES 85)

Mrs. Mary Lu Clark

The Community Foundation Serving Richmond & Central Virigina

Computing Research Association

The Dallas Foundation

Mrs. Carla M. Dehmlow

Mr. & Mrs. Wesley H. Eaton

e-Luminate Group, Inc.

Mr. & Mrs. R. Marshall Evans Jr.

Mr. Ross N. Farnsworth

Federal Home Loan Bank of New York

Friends of Slovakia

Mr. John W. Galbraith

Mr. Ronald C. Hart (ICPES 81)

The Heritage Foundation

Mr. & Mrs. William W. Hildreth

The Hull Family Foundation

Frieda & William Hunt Memorial Trust

Mr. & Mrs. Fred Israel

Mr. & Mrs. Michael N. Jaffe

Mr. Jim Lacy

Mr. & Mrs. Thomas Lawrence, III

The Leadership Institute

Mr. John J. Lee (ICPES 85)

The Fred A. Lennon Charitable Trust

Mr. & Mrs. Richard A. Liddy

Dr. & Mrs. Anthony P. Maresca

John & Cree Marshall Foundation

Mr. James R. Meadows, Jr. (ICPES 73)

Media Research Center

Mr. & Mrs. Norman Metcalfe

Mrs. Suzanne P. Murphy

National Petrochemical & Refiners Association

Needham Foundation

Mr. George A. Needham

Mr. Gerry Ohrstrom

Mr. Mike Orradre

The William Penn Foundation

The Roe Foundation

Mr. Sheldon Rose

Mr. & Mrs. John B. Rothenberger

Donald R. Scifres, Ph.D.

Mr. William C. Scott

Mr. James L. Sherman

Harry L. Stout, Ph.D.

Strake Foundation

Mr. & Mrs. Arthur H. Stromberg

Mr. & Mrs. John R. AhlgrenMrs. Doris AlexanderMary F. Arehart, Ph.D.Mr. & Mrs. Howard W. ArnoldMrs. Anna May S. AustinMr. & Mrs. Alan G. BatesDr. & Mrs. Steven J. BerlinMr. Charles R. Black, Jr.Mrs. Peggy BrandonMs. H. Marie CampitellMr. & Mrs. Michael J. Caslin, III (ICPES 78)Ms. June Cordier *Mr. & Mrs. William H. DescherDr. & Mrs. Wolfgang F. DexheimerMr. & Mrs. John Engalitcheff *Mrs. Maria G. Ford *Mr. Eric V. Fox (ICPES 86)Mr. Robert E. Greene (ICPES 72)Mr. Ronald C. Hart (ICPES 81)Mr. & Mrs. Paul HertensteinMr. & Mrs. Robert JohnsonMr. Glen A. Kindler *Hon. Eric L. Levinson (ICPES 88)Mrs. Antonina LienhardMs. Rosanne Lienhard (IPJ 92, AIPES 93)Dr. & Mrs. Anthony P. MarescaMr. Ionel MarsavelaThe Masson FamilyCol. Roy MillerMs. Yvonne OshimaMr. & Mrs. Winston D. PeaseMr. Thomas L. PhillipsMrs. Billie PirnieMr. & Mrs. Don F. RaftisHon. T. Timothy RyanMr. & Mrs. Charles W. Seymour, Jr.Mr. & Mrs. Steve SlatteryMrs. Manuela Strong *Mr. Randal C. TeagueMrs. Barbara S. WainscottMrs. Roberta M. WintersMr. Robert K. Zelle *

Legacy Society member Anthony Maresca (r.) talks with

Trustee Fred Barnes (l.) after Barnes served on a panel with

his Weekly Standard colleague Stephen Hayes (AIPES 94)

during the Fall Leadership Network in Palm Beach, Fla.

Members of the Legacy Society have made estate or other planned gifts to The Fund for American Studies.

L E G A C YS O C I E T Y

* deceased

16 THE FUND FOR AMERICAN STUDIES

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YOUTechnology CEO Council

Ms. Margaret K. Thornton

U.S.-China Education Trust

Mr. & Mrs. Arthur J. Veitch

Mrs. Nancy L. Von Klemperer

Ms. Dorothy S. Walley

Mr. Robert M. Weekley

Mr. & Mrs. John D. Weiss

Mr. Stephen D. Weiss

Williams & Jensen

Founders Society$1,000 - $2,499Ms. Mary Adams

Aequus Institute

Mr. Robert F. Agostinelli

Mrs. Cornelia C. Akin

American Hotel and Lodging Association

George C. Andreas Foundation, Inc.

Anonymous

Mrs. Myra J. Asplundh

The William S. & Ann Atherton Foundation, Inc.

Dr. Hardam S. Azad

Dr. & Mrs. Earl W. Baker

Ms. Marjorie Barber

Mr. Frederic W. Barnes, Jr.

Mrs. Eloise C. Barnett

Ms. Ruby J. Bayless

Mr. & Mrs. John E. Beck

P. G. Beil Foundation

Ms. Claudia W. Belk

Mr. & Mrs. Richard G. Bennett

Mr. Kenneth Bialkin

Binder Foundation

Mr. Michael J. Birck

Mr. & Mrs. Gary E. Biszantz

Mr. & Mrs. Dameron Black, III

Mr. James A. Black, Jr.

Mr. William Kay Blount

Ms. Carol G. Bolcof

Mr. Jeffrey B. Bond

Pat Boone Foundation, Inc.

The Louis L. Borick Foundation

Mr. Darrell H. Boyd

Rep. & Mrs. Dan H. Branch (ICPES 77)

Mr. & Mrs. Lawrence I. Brandes

Mr. & Mrs. Harold H. Brayman

Hon. & Mrs. William K. Brehm

Mr. John R. Brehmer

Ms. Anne W. Briggs

Mr. Alfred C. Brown

Mr. & Mrs. Jay E. Brown

Mr. & Mrs. Kenneth T. Brown

The Brunetti Foundation

Ms. Elizabeth Mallinckrodt Bryden

Mr. & Mrs. Thomas H. Buestrin

Mr. John D. Buhl, Sr.

Mr. David J. Bunce

Mr. Kenneth A. Burket

Mr. W. L. Burnett

John M. Burns, M.D.

Amb. William J. Cabaniss, Jr.

Mr. Peter B. Cannell

Ms. Sue M. Cannon

Mrs. Melissa I. Carbone

Mr. Jeff J. Carneal

Mr. Daniel B. Carroll

Ms. Beverly T. Carter

Mr. & Mrs. Jack E. Caveney

Mr. Giuseppe Cecchi

Mr. & Mrs. A. J. Celick, Jr.

Chicago Board Options Exchange

Mr. Tim Church (IBGA 97)

Mr. Edward A. Clark

Ms. Mary R. Clark

Clark & Weinstock

Ms. Mary Clawson

Mr. Thomas R. Clevenger

Stephen D. Clouse and Associates

Mr. Thomas W. Colbert, Sr.

George E. Coleman Jr. Foundation

Mr. William L. Collins (ICPES 74)

John M. Corboy, M.D.

Mrs. Margaret M. Crocker

Mr. Philip P. Crowley

Mr. Dorman Dagley

Hon. & Mrs. Mitchell E. Daniels, Jr.

Mr. & Mrs. Carl Davis

Mrs. Betty G. Davis

Mr. Ken W. Davis, Jr.

Dr. & Mrs. Wolfgang F. Dexheimer

Mrs. Stephanie F. Deyo

Amb. Paula J. Dobriansky

Ms. Dorothy L. Doumakes

Mr. Walter S. Dowdle

Ms. Cornelia L. Droge

Mr. Michael L. Duffy

Mr. John P. DuMoulin (ICPES 90, IBGA 91)

Mr. John S. Dunk

Jeanne & Glenn Easton Foundation (ICPES 73)

East Park Research

East Texas Communities Foundation

Mr. William S. Edgerly

Mrs. Doris Eiserling

Mr. Robert W. Ellis

Mrs. Henrietta M. Fankhauser

Mr. John W. Farley

Frank B. & Virginia V. Fehsenfeld Foundation

Fierce, Isakowitz, & Blalock

Mrs. Lorraine H. Finch

Mr. William L. Fisher

Ms. Victoria I. Ford

Fortune Brands

Mr. Frank J. Fragomeni

Mr. & Mrs. Thomas J. Frank

Mr. Arthur W. Fraser

Mr. & Mrs. George R. French, Jr.

Mr. G. R. French

Ms. Jane Fraser Fulcher

Mrs. Joyce Fulton

Futures Industry Association

The GAF Foundation

Mr. & Mrs. Eugene M. Gaietto

Mr. Francis E. Gardiner

Garvey Kansas Foundation

Ms. Sonja Gerquest

Mr. & Mrs. Ralph M. Ghormley

Mrs. Mary Gialdo-Lavoie

Mr. John V. Gibson

Hon. & Mrs. Douglas H. Ginsburg

The Graf Family Foundation

Mr. Arthur Graham

Dr. Bobby L. Graham & Dr. Nancy S. Martin

Greater Kansas City Community Foundation

Mr. & Mrs. John R. Grey

Mr. Richard S. Griffith

Mr. Dan Grossman

Mr. Donald G. Gumpertz

Dr. Robert A. Gutman & Dr. Laura T. Gutman

Mr. Robert Haber

John C. Hagan, III, M.D.

Mr. & Mrs. Wilson J. Hall

Mr. & Mrs. Richard Haller, Sr.

Mr. & Mrs. Al Hamilton

The Hamlin Family Foundation, Inc.

Mr. Norm F. Hapke, Jr.

Mrs. Marie C. Harlan

Hon. Bryce L. Harlow

Mr. Gerald E. Harrington

Mr. Jerry M. Harrington

Mr. William B. Harris

Harris Bank Foundation

Mr. Jerry L. Hayden

Mrs. Agnes R. Hayden

Margaret L. Hayes, M.D.

Supporters Kirby and Geordie French (r.) talk with Gretchen and John Bolton at the Fall

Leadership Network in Palm Beach, Fla. where Bolton, former U.S. ambassador to the United

Nations, was a keynote speaker.

TEACHING FREEDOM SINCE 1967 17

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Mr. George R. Hearst, Jr.

Mr. & Mrs. John Z. Hecker (ICPES 71)

Mr. Clifford Stanton Heinz

Mrs. Norris C. Hekimian

Henderson Foundation

Mr & Mrs. Arden Hetland

Hickory Foundation

Mr. & Mrs. William W. Hildreth

Mr. James E. Hinish, Jr.

Mr. & Mrs. R. H. Hoffmann

Mrs. Inez S. Holt

Mr. Don Honea

Mr. Keith A. Hopkins

Mrs. Eugenia J. Howard

Mr. Earl J. Huebner

Mr. William J. Hybl

Ms. Rebecca L. Iannucci

International Franchise Association

Mr. Robert R. Irish

Mr. Roy P. Jackson

Mr. Robert J. Jennett

Ms. Joanne T. Johnson

Mrs. Hilda Judd

Ms. Linda G. Kendall

Dr. & Mrs. I. Raymond Kirk, III

Mr. Donald H. Kirkland

Kissler Family Foundation, Inc.

The Kenneth Kolker Foundation

Koret Foundation

Ms. Theresa K. Kostrzewa (ICPES 84)

Mr. Robert S. Kramer

Mr. & Mrs. Vincent W. Kyle

Mr. Donald J. Lahd

Mr. C. Kevin Landry

Mrs. Stephen J. Lange

Lavoie Foundation

William L. Law Foundation

Miss Belina L. Lazzar

Mr. Dennis J. Leary

Mrs. Traci (IPJ 93) & Mr. Matt Leonardo

Mr. Allan L. Levey

Maccabe Family Foundation

Earle I. Mack Foundation, Inc.

Mrs. Doris M. MacLachlan

The Marcus Foundation, Inc.

Mr. & Mrs. J. Michael Martin

Mrs. Margaret E. Mason

Mr. Harold D. Mathena

Mrs. Mary I. Matthews

Mr. George L. Mayer

Mr. Ralph P. Mayer

Mr. & Mrs. Derek R. McClain

Mr. & Mrs. George P. McDonnell

Mrs. William F. McGuire

McGuire Woods LLP

Mrs. Marilyn W. McIntyre

Mr. & Mrs. Alden D. McKelvey

Mr. Michael McLoughlin

Mr. Denman K. McNear

Amy Shelton McNutt Charitable Trust

McWethy Foundation

Mr. & Mrs. Theodore Micleu

L & S Milken Foundation

Gerrish H. Milliken Foundation

Mr. & Mrs. Kenneth E. Minor

Mr. & Mrs. Barton S. Mitchell

Mr. Clarence E. Mitchell

Mr. Holbrook T. Mitchell

Mr. Thomas C. Morrison

Mr. James S. Munson

(l.-r.) Stuart Varney of FOX Business Network talks with supporters (l.-r.) Toby Stock (IBGA 98), Lee Henningsen and

Richard Liddy after speaking at the Fall Leadership Network in Palm Beach, Fla.

2010 Liabilities & Net Assets2010 AssetsCash & Cash Equivalents $252,706 Accounts Receivable 8,433Promises to Give, Net 248,466 Accrued Interest Receivable 6,869 Prepaid Expenses 272,911Property & Equipment, Net 6,819,940 Investments 15,879,056 Cash Surrender Value – Life Insurance 18,847 Total Assets $23,507,228

Liabilities

Accounts payable and accrued expenses $214,900 Deferred revenue 193,690 Capital lease obligation 79,360 Notes payable 5,042,585 Total Liabilities $5,530,535 Net Assets

Unrestricted Undesignated 2,296,181 Board designated 14,131,984 Total unrestricted 16,428,165Temporarily restricted 1,513,847 Permanently restricted 34,681 Total Net Assets 17,976,693 Total Liabilities & Net Assets $23,507,228

18 THE FUND FOR AMERICAN STUDIES

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YOUNational Retail Federation

Herbert & Joann Nevyas Philanthropic Trust Fund

Dr. D. Scott Nickerson

Mr. & Mrs. Richard A. Nowak

Mr. Ray P. Oden, Jr.

Mr. Wayne Olson

Dian Graves Owen Foundation

The Joseph A. Patrick Foundation

Mr. Samuel P. Peabody

Mr. & Mrs. Donald Pemberton

Col. Jon Pensyl USAF (Ret)

Mr. George C. Perreault

Mr. & Mrs. Philip Peterson

Mr. & Mrs. John S. Phillips

Mr. & Dr. Charles Pierce

Pinnacle West Capital Corp.

Mr. Richard C. Placek

Ms. Ann Plymale

Polara Engineering, Inc.

Mrs. Dorothy Pollak

Mr. & Mrs. Allen B. Porter

Mr. John C. Portman, Jr.

Mr. & Mrs. Stephen D. Poss

Mr. Russell B. Pulliam

Mr. Francis J. Quinn

David R. Reading

Mr. & Mrs. Roger R. Ream (ICPES 76)

Mrs. Rosemary W. Reeves

Mr. & Mrs. Richard Reuling

Mr. Thomas E. Rice, Jr.

Isabelle L. Richmond, M.D.

Mrs. Jean M. Riddell

Hon. James H. Ritchie, Jr. (ICPES 83)

Roberts Family Foundation

The Rodney Fund

Ms. Bertha Roosa

Mr. & Mrs. Alex Ross (ICPES 72)

Mr. Eric F. Ross

Arthur N. Rupe Foundation

Ms. Elisabeth Ryzen

Mr. & Mrs. Scott Sadler (ICPES 81)

Mr. & Mrs. Richard L. Sampson

Mrs. Diann L. Sant

Mrs. Helen C. Schilling

Mr. Edward N. Schinner

Mr. John H. Schneider

Ms. Marilyn A. Schnuck

Mr. Charles M. Seeger, III

Mr. & Mrs. Charles W. Seymour, Jr.

Mr. Lawton Shurtleff

Mr. Herbert J. Siegel

Mr. Robert G. Siegel

Mr. Stanley H. Simon

The Joseph T. & Helen M. Simpson Foundation

Mr. Albert H. Small

Dr. Philip A. Snell

Ms. Helen Spacek

Ms. Doris P. Spangler

Mr. & Mrs. David Stalnaker

Mrs. Mary O. Stanley

Mr. & Mrs. Mark A. Stansberry (ICPES 76)

Mr. Terry B. Stanton

Mr. Nicholas J. St. George

Mrs. Mary E. Stratton

William A. & Genevieve H. Strong Foundation

Mr. Joe Chat Sumner, III

Hon. & Mrs. Don Sundquist

Susquehanna Foundation

Mr. Gerald Sussman

Mr. Donald O. Sutton

Mr. H. R. Swanson

The Sidney A. Swensrud Foundation

Mr. John F. Tepe, Sr.

Tepper Family Foundation

Mr. Robert L. Theaux

Mr. Dean C. Thomas

Mr. & Mrs. Michael W. Thompson, Sr.

Mr. & Mrs. Kenneth Y. Tomlinson

United States Steel Corporation

URAC

Mr. William N. Vaughan

Mr. Frank Vlossak

Mrs. Barbara S. Wainscott

Mr. Quinten E. Ward

Hon. William Weatherford (IBGA 02)

Mr. Frederick B. Whittemore

Mr. & Mrs. Rich Wille

Mrs. Barry B. Willis

Mr. & Mrs. George D. Wilson

Ms. Virginia Winslow

Mr. David R. Wood

Mr. Davis H. Wood

Woodford Foundation

Mr. & Mrs. John F. Woodhouse

Mr. & Mrs. Thomas E. Workman

Mr. & Mrs. Robert A. Yellowlees

Mr. Wirt A. Yerger, Jr.

Mr. & Mrs. Edward S. Young

Mr. Dean Zarras

Hon. James W. Ziglar, Sr.

Mr. Rod J. Zilenziger, Jr.

2010 Sources of Contributions

Individuals $1,870,429Corporations 456,114Foundations 798,022

60%15%

26%

2010 Sources of Revenue & Support

Student Tuition & Fees $3,502,344Contributions 3,124,565Investments 1,641,411Other 229,634

3%

19%

41%

37%

U.S. Programs $4,227,832International Programs 1,850,207Administration 584,848Direct Marketing 607,753Development 615,658

54%23%

7%

8%8%

2010 Use of Funds

TEACHING FREEDOM SINCE 1967 19

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The Fred Barnes Scholarship Fund was created in 2005, the year of the Institute on Political Journalism’s 20th Anniversary, to honor Barnes for his service to the Institute.

The Alan & Rella Bates Scholarship Fund was established by Mr. and Mrs. Bates in 2008. A strong preference is to be given to stu-dents from Mr. Bates’ alma mater, the Massachusetts Institute of Technology, then the University of Delaware and then other schools with strong engineering programs.

The Steve & Eileen Berlin Scholarship Fund was created to pro-vide scholarship support for a student to attend the International Institute for Political and Economic Systems in Greece.

Lady Blanka Rosenstiel Scholarship Fund was established to pro-vide funding for students from Poland to attend the American In-stitute on Political and Economic Systems in Prague.

The Kevin Burket Scholarship Fund was established in memory of 1985 Engalitcheff Institute on Comparative Political and Economic Systems alumnus and regent Kevin Burket.

The Dixie Davis Scholarship Fund honors the memory of Davis by providing a partial scholarship for a student from North Carolina

to attend the Institute on Political Journalism. Davis had a distin-guished career overlapping government, business and journalism.

The Zoran Djindjic Scholarship Fund was created after Serbian Prime Minister Djindjic was killed by an assassin seven months after addressing TFAS students in Prague. The scholarship enables a Serbian student to attend a program in Prague or Greece.

The Lev Dobriansky Lecture in Political Economy was established to honor Lev Dobriansky, academic director of the Engalitcheff Institute on Comparative Political and Economic Systems from 1970 to 1982.

*The Engalitcheff Endowment was established by the Board of Trustees after receiving a bequest in 1990 from the estate of John and Virginia Engalitcheff providing ongoing support.

*The Hunter Hunt Scholarship Fund provides a full scholarship to a student from Texas, with preference to Southern Methodist University, to attend the Engalitcheff Institute on Comparative Political and Economic Systems. Hunt is a 1988 ICPES alumnus.

*The David R. & Corinne Watt Jones Scholarship Fund was es-tablished following the death of Corinne Watt Jones in 1990. The

E N D O W E D S C H O L A R S H I P S

“Your contribution has made all the difference. Because of the growth I’ve experienced during the course of the program, you have inadvertently been a drastic influ-ence on the rest of my life. I am leaving TFAS a completely different person, forever changed, for the better, and ready to face life’s challenges.” Evan Gold (IBGA 10), University of Georgia

(pictured on front cover)

A gift of $140,000 finances a full scholarship on a permanent basis and ensures that promising young leaders will attend programs each year. A partial scholarship endowment can be established with a gift of $10,000 or more.

20 THE FUND FOR AMERICAN STUDIES

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YOUscholarship fund was enlarged with the passing of then-Pres-ident David R. Jones in 1998. This fund provides scholarships to multiple institutes. The Don Lavoie Scholarship Fund was created in memory of Lavoie, a George Mason University professor who served on the faculty of The Fund for American Studies’ programs in Prague and Greece. The scholarship enables a student to attend the Institute in Prague.

*The Fred & Georganna Long Scholarship Fund is a fully endowed fund established by Regent Fred Long and his wife Georganna to benefit students attending the Engalitcheff In-stitute on Comparative Political and Economic Systems. Long was a colleague of John Engalitcheff at Baltimore Air Coil. The David Martin Scholarship Fund was established by Linda Noyes to honor her son Zeb Portanova. It is named in honor of David Martin, Portanova’s high school history teacher.

The Ignacy Jan Paderewski Scholarship Fund was estab-lished by Edward Rowny, retired army general and former ambassador, to honor Ignacy Jan Paderewski, Polish leader and renowned composer and pianist. A full scholarship is provided to a student from Poland to attend a U.S. Institute.

The Patt Patterson Scholarship Fund was created to honor Patterson, a journalist who covered the produce industry. It is awarded to a student interested in agriculture journalism.

The Reach Your Peak Scholarship Fund was established by supporters Anne and Bruce Shepard to benefit students from the University of Colorado at Colorado Springs.

The Roger Ream Scholarship Fund was established to honor Ream on the occasion of his 50th birthday. Ream is a 1976 alumnus of the Engalitcheff Institute on Comparative Politi-cal and Economic Systems. He has served as president of The Fund for American Studies since 1998.

The Krista & Paul Ritacco Scholarship Fund was established to benefit students attending the Institute on Business and Government Affairs and the Engalitcheff Institute on Com-parative Political and Economic Systems.

The Kathleen Rothschild Scholarship Fund was established by her friends in honor of Rothschild, the first employee and executive secretary of The Fund for American Studies.

The Manuela P. Strong Scholarship Fund was established through a bequest from the estate of Manuela Strong.

The Don & Martha Sundquist Scholarship Fund was created by Trustee Emeritus Don Sundquist and his wife Martha. Sunquist served as U.S. representative and governor of Ten-nessee. Preference is given to students from Tennessee.

The Randal C. Teague Scholarship Fund was established to honor Teague on the occasion of his 60th birthday. Teague has served as a trustee since 1979 and chairman since 1998.

The Michael & Katherine Thompson Scholarship Fund was established by Vice Chairman Michael Thompson and his wife to provide scholarships to deserving students.

*The Eben Tisdale Endowment honors the memory of Eben Tisdale, who served as general manager of government affairs for Hewlett-Packard Company until his passing in 1998. Each year, approximately 10 students interested in public policy and the high-tech industry are awarded full scholarships to attend this eight-week fellowship.

The Rodrigo de Triana Scholarship Fund was established by Chairman Randal Teague to recognize Triana, the first Euro-pean on the Columbus expeditions to spot the New World. The scholarships will be given to students attending the Insti-tute for Leadership in the Americas in Santiago, Chile.

The Tulane University Scholarship Fund was created by Executive Vice President Steve Slattery and other graduates of Tulane University. This fund benefits students from Tulane attending U.S. Institutes.

The Vanderbilt University Scholarship Fund was established by President Roger Ream, a Vanderbilt alumnus. This fund benefits students from Vanderbilt attending U.S. Institutes.

The George Viksnins Scholarship Fund was established to honor Georgetown University professor George Viksnins, who served on the faculty of the Engalitcheff Institute on Comparative Political and Economic Systems for 33 years.

*The Dell Thurmond Woodard Fellowship was created by Dell Computer Corporation to honor the legacy of the late Thurmond Woodard. This endowment provides a scholarship for the Eben Tisdale program.

* Denotes funds that are fully endowed

TEACHING FREEDOM SINCE 1967 21

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O U R M I S S I O NThe Fund for American Studies (TFAS) seeks to create a brighter, more prosperous future by preparing young people for leadership, teaching them the ideas of freedom and a free- market economy. Our approach is to recruit young people likely to pursue careers in public policy, journalism, international affairs, business, government and related fields, and to educate them in the ideas most conducive to human achievement – individual liberty and personal responsibility. Founded in 1967, TFAS organizes programs for students from the United States, Middle East, Asia, Europe and Latin America.

TFAS Headquarters1706 New Hampshire Avenue, NW

Washington, DC 20009

Center for Teaching Freedom1621 New Hampshire Avenue, NW

Washington, DC 20009

Toll free (800) 741-6964 Tel (202) 986-0384 Fax (202) 986-0390 [email protected] www.TFAS.org