Chase Foundation of Virginia

The Chase Foundation of Virginia is the private foundation of investor Derwood Chase, who is its president. It distributed $895.5 thousand in grants to right-wing groups in 2011, including groups like FreedomWorks and members of the right-wing web of state-based organizations known as the State Policy Network, specifically:


 * $25,000 to the Acton Institute
 * $100,000 to the Koch-founded and -funded Americans for Prosperity
 * $37,000 to Atlas Economic Research Foundation
 * $25,000 to the Cato Institute
 * $15,000 to FreedomWorks
 * $25,000 to the Heartland Institute
 * $25,000 to the Institute for Energy Research
 * $33,000 to the Institute for Justice
 * $36,000 to the National Center for Policy Analysis
 * $30,000 to the Reason Foundation
 * $28,000 to the Virginia Institute for Public Policy
 * $25,000 to Citizens Against Government Waste
 * $50,000 to the Mercatus Center at George Mason University
 * $50,000 to Public Notice Research and Education

Derwood Chase is the founder of Chase Investment Counsel Corporation in Charlottesville, Virginia, as well as its chairman emeritus, CEO, treasurer, and portfolio manager. He is a trustee of the Reason Foundation and the Fraser Institute and a member of the Mont Pelerin Society, according to BusinessWeek. He has been a board member of the State Policy Network.

Trustees
The foundation's trustees, as of its 2011 form 990, are:


 * Derwood Chase
 * Johanna B. Chase
 * Stuart F. Chase
 * Stephen Moore (founder of the Club for Growth, Wall Street Journal editorial board member, and American Legislative Exchange Council (ALEC) "scholar")
 * Cheryl O. Chase
 * Alejandro Chafuen (CEO and president of the Atlas Economic Research Foundation and founding trustee of the Acton Institute, among other connections to Derwood Chase)
 * John C. Goodman (founder, president, and CEO of the National Center for Policy Analysis)
 * Walter E. Williams (John M. Olin Distinguished Professor of Economics at George Mason University and member of the Mont Pelerin Society)

Contact Information
300 Preston Ave., No. 500 Charlottesville, VA 22902-5096 Phone: (434) 293-9104

Related SourceWatch Articles

 * Derwood Chase
 * Mont Pelerin Society
 * State Policy Network
 * Acton Institute
 * Americans for Prosperity
 * Atlas Economic Research Foundation
 * Cato Institute
 * FreedomWorks
 * Heartland Institute
 * Institute for Energy Research
 * Institute for Justice
 * National Center for Policy Analysis
 * Reason Foundation
 * Virginia Institute for Public Policy
 * Citizens Against Government Waste
 * Mercatus Center
 * Stephen Moore
 * Club for Growth
 * American Legislative Exchange Council
 * Alejandro Chafuen
 * John C. Goodman
 * Walter E. Williams