The Century Foundation
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| Abbreviation | TCF |
|---|---|
| Formation | 1919 |
| Type | Public policy think tank |
| Headquarters | One Whitehall Street |
| Location | |
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President
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Mark Zuckerman |
| Website | tcf.org |
The Century Foundation is a progressive think tank headquartered in New York City with an office in Washington, D.C. It was founded as a nonprofit public policy research institution on the belief that the prosperity and security of the United States depends on a mix of effective government, open democracy, and free markets. Its staff, fellows, and authors produce books, reports, papers, pamphlets, and online publications. The Foundation also hosts policy-related events and workshops for various audiences, including policy experts, journalists, college students and other academics, and the general public. It also manages several ongoing policy projects and operates a number of websites on various policy-related topics.
The Century Foundation was founded in 1919 by Edward A. Filene, an American businessman, social entrepreneur, and philanthropist, under the name of The Cooperative League. The organization’s mission was to act as an advisory committee for Filene in disbursing his funds in a way that could best benefit the world. Renamed the Twentieth Century Fund in 1922, and then The Century Foundation in 1999, the Foundation has sought liberal, progressive solutions to the nation’s problems.
During the twentieth century, the Foundation published many reports that informed public policy, including "Stock Market Control", a 1934 report that provided ideas for legislation enacted after the 1929 crash of the stock market; America’s Needs and Resources, a 1947 report that set forth a forecast of the nation’s needs, industrial production, and income over the following two decades; Jean Gottmann’s Megalopolis: The Urbanized Northeastern Seaboard of the United States; the New Federalist Papers by Nelson W. Polsby, Alan Brinkley, and Kathleen Sullivan; and Gunnar Myrdal’s Asian Drama: An Inquiry into the Poverty of Nations.
The Foundation has provided information and analysis concerning Social Security since its earliest days. At the time of the inception of the Social Security program in the mid-1930s, the organization set up a “Committee on Old-Age Security” to look at the provisions of the Townsend Plan, a movement in this country to provide some pension protection for the elderly in the aftermath of the Great Depression. The Committee determined that the Townsend plan was unworkable, but its members continued to examine the issue of the elderly poor, and in 1937, More Security for Old Age, a report and program for action was published, providing an analysis of the newly created Social Security program. Through the ensuing years, the organization has returned to the issue frequently. More recently, beginning in the 1990s, the organization has supported numerous studies and reports, including Ensuring the Essentials by former Social Security Administrator Robert Ball (2000); Social Security Reform: Beyond the Basics, edited by Richard Leone and Greg Anrig, Jr. (1999); and Countdown to Reform: The Great Social Security Debate by Henry J. Aaron, and Robert D. Reischauer (2001).
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