The Heritage Foundation
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| Motto | Leadership for America |
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| Formation | February 16, 1973 |
| Type | Think tank |
| Headquarters | 214 Massachusetts Avenue, NE |
| Location |
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President
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Jim DeMint |
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Chairman
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Thomas A. Saunders III |
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Budget
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Revenue: $96,969,906 Expenses: $82,107,321 (FYE December 2014) |
| Website | heritage |
The Heritage Foundation is an American conservative think tank based in Washington, D.C. The foundation took a leading role in the conservative movement during the presidency of Ronald Reagan, whose policies were taken from Heritage's policy study Mandate for Leadership. Heritage has since continued to have a significant influence in U.S. public policy making, and is considered to be one of the most influential conservative research organizations in the United States. After the 2016 election of Donald Trump as U.S. President, Heritage played a major role in shaping his transition team.
The Heritage Foundation was founded in 1973 by Paul Weyrich, Edwin Feulner, and Joseph Coors. Growing out of the new business activist movement inspired by the Powell Memorandum, discontent with Richard Nixon's embrace of the "liberal consensus" and the nonpolemical, cautious nature of existing think tanks, Weyrich and Feulner sought to create an organization that would supply policymakers with concise, timely position papers. With $200,000 from Coors, the Analysis and Research Association was created in 1970. New supporters and board members joined, including petroleum executive Edward Noble and Richard Mellon Scaife. Eventually, the organization split into a public interest law center and a separate public policy foundation, the latter of which was incorporated as The Heritage Foundation on February 16, 1973. Weyrich was its first president. Later, under president Frank J. Walton, the Heritage Foundation began using direct mail fundraising and Heritage's annual income grew to $1 million per year in 1976. Heritage's stated mission is to "formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense".
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