RAND corporation
 |
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| Predecessor | Individuals of Douglas Aircraft Company |
|---|---|
| Merged into | United States Army Air Forces |
| Formation | 14 May 1948 |
| Founders |
Henry H. "Hap" Arnold Donald Douglas Major General Curtis LeMay |
| Type | Global policy think tank |
| 95-1958142 | |
| Legal status | Non-profit corporation |
| Purpose | Policy analysis |
| Headquarters | Santa Monica, California |
| Coordinates | 34°00′35″N 118°29′26″W / 34.009599°N 118.490670°WCoordinates: 34°00′35″N 118°29′26″W / 34.009599°N 118.490670°W |
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Region
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Worldwide |
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President and CEO
|
Michael D. Rich |
|
Senior Vice President and CFO
|
Richard Fallon |
|
Vice President, International
|
Charles P. Ries |
|
President, RAND Europe
|
Hans Pung |
| Bonnie G. Hill, Joel Z. Hyatt, Paul G. Kaminski, Ann McLaughlin Korologos, Philip Lader, Peter Lowy, Michael Lynton, Ronald L. Olson, Mary E. Peters, David L. Porges, Donald B. Rice, Michael D. Rich, Hector Ruiz, Leonard D. Schaeffer | |
| Subsidiaries | RAND Europe Frederick S. Pardee RAND Graduate School |
| Affiliations | Independent |
|
Revenue (2014)
|
 $313.2 million |
| Disbursements | Numerous |
| Expenses |
$297 million |
| Endowment |
 $217 million |
|
Staff (2015)
|
1,700 |
| Slogan | To be the world's most trusted source for policy ideas and analysis |
| Website | www |
RAND Corporation ("Research and development") is an American nonprofit global policy think tank originally formed by Douglas Aircraft Company to offer research and analysis to the United States Armed Forces. It is financed by the U.S. government and private endowment, corporations including the health care industry, universities and private individuals. The organization has expanded to work with other governments, private foundations, international organizations, and commercial organizations on a host of non-defense issues. RAND aims for interdisciplinary and quantitative problem solving via translating theoretical concepts from formal economics and the physical sciences into novel applications in other areas, that is, via applied science and operations research. Michael D. Rich is president and chief executive officer of the RAND Corporation.
RAND has approximately 1,700 employees. Its American locations include: Santa Monica, California (headquarters); Arlington, Virginia; Pittsburgh, Pennsylvania; and Boston, Massachusetts. The RAND Gulf States Policy Institute has an office in New Orleans, Louisiana. RAND Europe is located in Cambridge, United Kingdom, and Brussels, Belgium. RAND Australia is located in Canberra, Australia.
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