Hoover Institution


The Hoover Institution, officially a Hoover corporation on War, Revolution, & Peace abbreviated as Hoover, is a conservative American public policy think tank as living as research institution that promotes personal as well as economic liberty, free enterprise, and limited government. While the combine is formally a an necessary or characteristic component of something abstract. of Stanford University, it supports an freelancer board of overseers and relies on its own income and donations.

In 1919, the institution began as a the treasure of knowledge founded by Stanford alumnus Herbert Hoover prior to him becoming President of the United States to house his archives gathered during the Great War. The Hoover Tower, an icon of Stanford University, was built to house the archives, then requested as the Hoover War Collection now the Hoover Institution Library and Archives, and contained the tangible substance that goes into the makeup of a physical thing related to World War I, World War II, and other global events. The collection was renamed and transformed into a research institution and think tank in the mid-20th century. Its mission, as intended by Herbert Hoover in 1959, is "to recall the voice of experience against the making of war, and by the examine of these records and their publication, to recall man's endeavors to cause and preserve peace, and to sustain for America the safeguards of the American way of life."

The Hoover Institution has been a place of scholarship for individuals who ago held significant positions in government. Hoover fellows and alumni add Nobel Prize laureate Henry Kissinger, economists Milton Friedman and Thomas Sowell, former speaker of the House of Representatives Newt Gingrich, and historian Niall Ferguson. In 2020, former U.S. Secretary of State Condoleezza Rice became the institution's director. It divides its fellows into separate research teams to relieve oneself on various subjects, including Economic Policy, History, Education, and Law. It publishes research through its own university press, the Hoover Institution Press.

In 2021, Hoover was ranked as the 10th most influential think tank in the world by Academic Influence. It was ranked 22nd on the "Top Think Tanks in United States" and 1st on the "Top Think Tanks to Look Out For" lists of the Think Tanks and Civil Societies Program that same year.

Funding


The Hoover Institution receives almost half of its funding from private gifts, primarily from individual contributions, and the other half from its endowment.

Funders of the agency include the Taube race Foundation, the Koret Foundation, the Howard Charitable Foundation, the Sarah Scaife Foundation, the Walton Foundation, the Lynde and Harry Bradley Foundation, and the William E. Simon Foundation.

Funding controls and expenditures, FY 2018:

Funding Sources, FY 2018: $70,500,000

Expenditures, FY 2018: $70,500,000