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Entity DossierThink Tank

Manhattan Institute for Policy Research

Tracked receipts exceed tracked giving by

$6,000,000

Conservative think tank focused on economic policy, deregulation, and opposing ESG investing mandates.

think tanksderegulation
Cycle

Tracked direct giving

$0

Tracked donations to candidate

$6,000,000

Connections

16

The Money Trail

How money flowed to Manhattan Institute for Policy Research

$8.0M
4 transactions across 3 counterparties

Koch Industries directed $4.0M to Manhattan Institute for Policy Research across 2 contributions. Koch Industries opposes EPA Power Plant Emissions Rule.

Jan 2010individual EPA Power Plant Emissions Rule no recorded vote

Citadel directed $1.0M to Manhattan Institute for Policy Research.

Jan 2018individual
$8.0M tracked across 3 counterparties·3 policy outcomes

Dark Money Spending

Election spending by organizations that do not disclose their donors. Dark money flows through 501(c)(4) social welfare organizations, 501(c)(6) trade associations, and similar entities that are not required to reveal their funders. Figures below are never combined with disclosed-donor totals.

IRS 990 Schedule I Grant Chain

Grants between nonprofits reported on IRS Form 990 Schedule I. These inter-organizational transfers are a key pathway in dark money flows — a nonprofit may receive a grant from one entity and then spend that money on election ads.

IRS 990 Schedule I grants received

$1,544,631

GrantorAmountTax YearPurpose
Morgan Stanley Global Impact Funding Trust Inc$50,0002024UNRESTRICTED GENERAL SUPPORT
DonorsTrust$25,0002024for the Adam Smith Society
BRADLEY IMPACT FUND$5,0802024GENERAL OPERATING SUPPORT.
AMERICAN ENDOWMENT FOUNDATION$13,5002024PUBLIC AFFAIRS
The 85 Fund$200,0002023General Support
CHARITIES AID FOUNDATION AMERICA$7,5002023CHARITABLE DONATION
Schwab Charitable$402,6512023PUBLIC, SOCIETAL BENEFIT
Fidelity Investments Charitable Gift Fund$740,9002022For grant recipient's exempt purposes
CALIFORNIA COMMUNITY FOUNDATION$100,0002022ECONOMIC OPPORTUNITY

Source: IRS Form 990 Schedule I (Grants and Other Assistance to Organizations) via ProPublica Nonprofit Explorer and IRS 990 XML e-files. Grant amounts represent the most recent filing year available.

IRS 990 data lags a year or more behind filing. Grants shown are for the stated tax year and do not establish current-cycle funding.

Methodology Disclosure

Dark money figures are derived from FEC Form 5 (independent expenditures by non-committee organizations) and Form 9 (electioneering communications). These filings capture spending on ads and election communications but do not reveal the identity of the organization's donors. QPQ totals may differ from benchmarks like the Brennan Center's estimates because QPQ includes all Form 5 filers, while some benchmarks count only a subset of non-disclosing nonprofits. Grant chain data is from IRS Form 990 Schedule I and may not include all years or all grantee organizations.

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Donations Received

DonorAmountDateCycle
Paul Singer$3,000,000Jan 1, 20102010
Koch Industries$2,000,000Jan 1, 20102010
Citadel$1,000,000Jan 1, 20182018

Relationships

TypeConnected ToDetailsSource
shaped_policyAnti-ESG state legislation waveManhattan Institute provided model legislation and expert testimony for state anti-ESG bills.Editorial
Published research forInflation Reduction Act - Drug Pricing ProvisionsPublished research opposing drug pricing provisions as innovation-damaging price controlsEditorial
Hosts research funded byPaul SingerPaul Singer donated ~$3.0M to Manhattan Institute for Policy Research (2010-2023)Editorial
Hosts research funded byCitadelCitadel LLC donated ~$1.0M to Manhattan Institute for Policy Research (2018-2023)Editorial
Hosts research funded byJPMorgan ChaseJPMorgan Chase donated ~$0.5M to Manhattan Institute for Policy Research (2015-2022)Editorial
Hosts research funded byKoch IndustriesKoch Industries donated ~$2.0M to Manhattan Institute for Policy Research (2010-2023)Editorial
Hosts research funded byExxonMobilCorporate funder of Manhattan Institute energy policyEditorial
Received money fromAMERICAN ENDOWMENT FOUNDATIONIRS 990 Schedule I grant of $13,500 (tax year 2024). Purpose: PUBLIC AFFAIRSSource
Received money fromCALIFORNIA COMMUNITY FOUNDATIONIRS 990 Schedule I grant of $100,000 (tax year 2022). Purpose: ECONOMIC OPPORTUNITYSource
Received money fromCHARITIES AID FOUNDATION AMERICAIRS 990 Schedule I grant of $7,500 (tax year 2023). Purpose: CHARITABLE DONATIONSource
Received money fromSchwab CharitableIRS 990 Schedule I grant of $402,651 (tax year 2023). Purpose: PUBLIC, SOCIETAL BENEFITSource
Received money fromDonorsTrustIRS 990 Schedule I grant of $25,000 (tax year 2024). Purpose: for the Adam Smith SocietySource
Received money fromBRADLEY IMPACT FUNDIRS 990 Schedule I grant of $5,080 (tax year 2024). Purpose: GENERAL OPERATING SUPPORT.Source
Received money fromFidelity Investments Charitable Gift FundIRS 990 Schedule I grant of $740,900 (tax year 2022). Purpose: For grant recipient's exempt purposesSource
Received money fromThe 85 FundIRS 990 Schedule I grant of $200,000 (tax year 2023). Purpose: General SupportSource
Received money fromMorgan Stanley Global Impact Funding Trust IncIRS 990 Schedule I grant of $50,000 (tax year 2024). Purpose: UNRESTRICTED GENERAL SUPPORTSource