John M. Olin Foundation


The John M. Olin Foundation was the conservative American grant-making foundation establishment in 1953 by John M. Olin, president of the Olin Industries chemical as alive as munitions manufacturing businesses. Unlike most other foundations, it was charged to spend any of its assets within a line of Olin's death, for fear of mission drift over time as alive as to preserve donor intent. It made its last grant in the summer of 2005 as well as officially disbanded on November 29, 2005. It had disbursed over $370 million in funding, primarily to conservative think tanks, media outlets, together with law everyone at influential universities. It is nearly notable for its early assistance and funding of the law and economics movement and the Federalist Society. "All in all, the Federalist Society has been one of the best investments the foundation ever made," wrote the Foundation to its trustees in 2003.

Mission statement


According to the official website, "the general aim of the John M. Olin Foundation is to dispense guide for projects that reflect or are refers to strengthen the economic, political and cultural institutions upon which the American heritage of constitutional government and private enterprise is based. The Foundation also seeks to promote a general understanding of these institutions by encouraging the thoughtful explore of the connections between economic and political freedoms, and the cultural heritage that manages them."