Featured Stories
Manhattan Institute Issues Commentary to Wall Street Journal: Don't Let Terrorists Run Nonprofits
NEW YORK, Aug. 29 -- The Manhattan Institute issued the following excerpts of a commentary on Aug. 27, 2026, by legal policy fellow Tal Fortgang to the Wall Street Journal:
* * *
Don't Let Terrorists Run Nonprofits
A proposed change to the Form 990 would require 501(c)3s to disclose whether their top officials have been convicted of financial or terrorism-related crimes.
The U.S. Treasury is mulling dramatic changes to our nonprofit system. It announced in April that it plans to revise the Form 990, which nonprofits file annually with the IRS, "to improve transparency, strengthen tax administration,
... Show Full Article
NEW YORK, Aug. 29 -- The Manhattan Institute issued the following excerpts of a commentary on Aug. 27, 2026, by legal policy fellow Tal Fortgang to the Wall Street Journal:
* * *
Don't Let Terrorists Run Nonprofits
A proposed change to the Form 990 would require 501(c)3s to disclose whether their top officials have been convicted of financial or terrorism-related crimes.
The U.S. Treasury is mulling dramatic changes to our nonprofit system. It announced in April that it plans to revise the Form 990, which nonprofits file annually with the IRS, "to improve transparency, strengthen tax administration,and provide clearer reporting on certain activities . . . to detect misconduct and hold wrongdoers accountable." The main condition for nonprofits' favorable tax status is scrupulous adherence to the law. Without some transparency, Treasury Secretary Scott Bessent pointed out, bad actors can hide "fraud, abuse, and extremist activity behind complicated nonprofit arrangements."
One potential measure for increased transparency has raised eyebrows. CBS News has reported that "the Trump administration is weighing a proposal to require nonprofits to disclose in their annual tax filings whether their top officials have been convicted of certain financial or terrorism-related crimes."
Though there is nothing inherently illegal about employing ex-convicts, the government wants to know if nonprofits are being run by people who have engaged in "material support to terrorists, fraud, money laundering, securities fraud, tax evasion" or similar unlawful acts.
Continue reading the entire piece here at The Wall Street Journal (https://www.wsj.com/opinion/dont-let-terrorists-run-nonprofits-2279f7c0)
* * *
Tal Fortgang is a legal policy fellow at the Manhattan Institute. His interests include law, political theory, religion, ideology, and culture, and his popular writings have appeared in City Journal, Commentary, National Affairs, National Review, and other publications.
* * *
Original text here: https://manhattan.institute/article/dont-let-terrorists-run-nonprofits
[Category: ThinkTank]
Manhattan Institute Issues Commentary to Daily Wire: Press Freedom, DEI, and the Response to Cambridge's Jason Arday Controversy
NEW YORK, Aug. 29 -- The Manhattan Institute issued the following excerpts of a commentary on Aug. 28, 2026, by Joanna Williams to Daily Wire:
* * *
Press Freedom, DEI, And The Response To Cambridge's Jason Arday Controversy
British academia is using Arday's suicide to justify more DEI training as necessary within a "racist" society.
-
It was never going to end well. Jason Arday, the University of Cambridge's "youngest-ever black professor," was found dead, apparently by his own hand, on August 14. News of his death, at just 41, came after weeks of public speculation that began with claims
... Show Full Article
NEW YORK, Aug. 29 -- The Manhattan Institute issued the following excerpts of a commentary on Aug. 28, 2026, by Joanna Williams to Daily Wire:
* * *
Press Freedom, DEI, And The Response To Cambridge's Jason Arday Controversy
British academia is using Arday's suicide to justify more DEI training as necessary within a "racist" society.
-
It was never going to end well. Jason Arday, the University of Cambridge's "youngest-ever black professor," was found dead, apparently by his own hand, on August 14. News of his death, at just 41, came after weeks of public speculation that began with claimsthat his academic work had been plagiarized before rapidly morphing into a broader investigation into the rigor of his scholarship and the quality of his teaching, as well as his claims of achieving almost superhuman athletic feats while overcoming seemingly insurmountable developmental and health obstacles.
Many on the woke Left are determined to set these criticisms aside and exonerate Arday. Mass vigils, reminiscent of the Black Lives Matter protests that swept the globe in 2020, have taken place in London. Universities and academic organizations have issued statements of condolence, with some promising to do even more to root out racism.
Following the 2020 death of George Floyd in Minneapolis, scrutiny turned to police behavior. In the wake of Arday's demise, some are pointing the finger at journalists. Arday's supporters claim that he was "lynched" by a "media running on monetised hate and cruelty."
Continue reading the entire piece here at Daily Wire (https://www.dailywire.com/news/press-freedom-dei-and-the-response-to-cambridges-jason-arday-controversy)
* * *
Joanna Williams is the author of How Woke Won: The Elitist Movement that Threatens Democracy, Tolerance and Reason. She writes at Cieo.
* * *
Original text here: https://manhattan.institute/article/press-freedom-dei-and-the-response-to-cambridges-jason-arday-controversy
[Category: ThinkTank]
Ifo Institute: Strong Improvement in Business Climate in Germany's Chemical Industry
MUNICH, Germany, Aug. 29 -- ifo Institute issued the following news release on Aug. 28, 2026:
* * *
Strong Improvement in Business Climate in Germany's Chemical Industry
The business climate in Germany's chemical industry improved sharply in August. The index rose to minus 2.4 points, up from minus 26.3 points* in July. For the first time in four years, companies are even positive in their assessment of the business situation.
The figure rose to plus 11.6 points, up from minus 14.6* points in July. Business expectations were also considerably brighter, rising from minus 37.2* to minus 15.5
... Show Full Article
MUNICH, Germany, Aug. 29 -- ifo Institute issued the following news release on Aug. 28, 2026:
* * *
Strong Improvement in Business Climate in Germany's Chemical Industry
The business climate in Germany's chemical industry improved sharply in August. The index rose to minus 2.4 points, up from minus 26.3 points* in July. For the first time in four years, companies are even positive in their assessment of the business situation.
The figure rose to plus 11.6 points, up from minus 14.6* points in July. Business expectations were also considerably brighter, rising from minus 37.2* to minus 15.5points. "Supply failures in Asia resulting from the ongoing blockade of the Strait of Hormuz are driving up demand for German-made chemical products," says ifo industry expert Anna Wolf.
Since there are no signs of geopolitical tensions easing, companies expect this economic upturn to continue. Their production plans indicate an expansion in production. Export business is also continuing to gain momentum:
The corresponding balance rose to plus 10.1 points, up from minus 22.7 points in July. At the same time, the supply situation has eased somewhat: In the third quarter, only 13.8 percent of chemical companies still reported material shortages, compared to one in three companies in the second quarter. However, structural problems such as high energy and location costs continue to burden the industry.
As a result, companies expect further job cuts despite the upturn. "In the medium term, however, government infrastructure and investment programs could support demand for chemical inputs, as long as the announced projects are implemented swiftly," says Wolf.
*Seasonally adjusted
* * *
More Information
Survey (https://www.ifo.de/en/facts/2026-08-28/strong-improvement-business-climate-germanys-chemical-industry)
* * *
Original text here: https://www.ifo.de/en/press-release/2026-08-28/strong-improvement-business-climate-germanys-chemical-industry
[Category: ThinkTank]
Center of the American Experiment Issues Commentary: Will a Fake $30,000 Nosebleed Land Us All on Peggycare?
MINNETONKA, Minnesota, Aug. 29 -- The Center of the American Experiment, a civic and educational organization that says it creates and advocates policies, issued the following commentary on Aug. 28, 2026, by policy fellow Matt Dean:
* * *
Will a fake $30,000 nosebleed land us all on Peggycare?
A recent Peggy Flanagan stump speech turned to health care costs.
"My friend Tom is an ER doctor who worries he is going to kick someone into bankruptcy every time he treats someone in the ER..He's like... 'someone just paid $30,000 when I treated their nosebleed.' right? That's too much."
In addition
... Show Full Article
MINNETONKA, Minnesota, Aug. 29 -- The Center of the American Experiment, a civic and educational organization that says it creates and advocates policies, issued the following commentary on Aug. 28, 2026, by policy fellow Matt Dean:
* * *
Will a fake $30,000 nosebleed land us all on Peggycare?
A recent Peggy Flanagan stump speech turned to health care costs.
"My friend Tom is an ER doctor who worries he is going to kick someone into bankruptcy every time he treats someone in the ER..He's like... 'someone just paid $30,000 when I treated their nosebleed.' right? That's too much."
In additionto the tissue in the poor patient's nostrils, there is a lot to unpack in this one clip by Minnesota's DFL candidate for U.S. Senate.
Right off the bat, you should know that in her recent successful primary victory against Congresswoman Angie Craig, Flanagan chose the Democratic Socialists of America's "Medicare for All" plank, while Craig adopted a more moderate "fix what's broke" approach. The Minnesota Star Tribune highlighted that as the defining difference between the two, noting "Flanagan's stated goal is replacing the current system." The Minnesota Democrats who overwhelmingly supported Flanagan likely knew this. But what would Peggycare really mean?
Peggycare would outlaw all private insurance. Period. If you like your plan, tough. If you like your doctor, too bad. If the Indian Health Service works well for you? Sorry. No Medicaid either. No cash pay. No Cadillac plan your union traded pay increases to keep. No Mayo Clinic.
There is no "public option" in Peggycare to opt out of the top-down, Soviet-style program. That seems drastic, and those pushing it (like Abdul El-Sayed in Michigan) are not trying to hide that fact. They are running on it.
But let's look at why the Minnesota lieutenant governor thinks we need Peggycare in the first place. Remember our friend Dr. Tom told her he's having insomnia because he may have bankrupted some poor fellow (let's call him Carl) because Tom sent Carl a $30,000 bill to stop a nosebleed.
Her first question should have been, "Holy crap, Dr. Tom, why did it cost $30,000 for an ER visit for a nosebleed?" Carl probably should have done what his grandma would have told him to do and shoved tissue up his nose and sat in a recliner for twenty minutes until it stopped. But he went to the ER, and if Dr. Tom followed the advice of the National Academy of Otolaryngology, he would have shoved tissue up Carl's nose, had him sit in a recliner, and sent him home with a bill for $1,473.29--or $1,048.22 with no tissue stuck up his nose. That works more than 95% of the time, and the other five percent need to be admitted to the hospital.
I do not believe the lieutenant governor made up this story. She heard it from Dr. Tom or someone else. But Peggy did not think of questioning the $30,000 bill. She either lacks common sense or the curiosity to do so, but that's what a good senator does. "How do you know that?" is the absolute best question a legislator should learn how to ask, because every bit of information that reaches them is tilted and meant for them to act on behalf of someone or something, and much of that information is just plain false.
You cannot scrap a $4 trillion portion of the economy upon which we all rely on for health care, based on a story you overheard at Starbies.
We have the greatest health care in the world, but the way we pay for it is crazy and unfair. The truth is that Dr. Tom has no flipping idea what he is billing anyone for anything in the ER. He writes notes and codes procedures and those codes are translated into different prices for different patients. Dr. Tom may not know that the cost paid by his Medicare patients only covers about 82% of the cost of care, while a patient paying cash may pay 140% of cost and someone on job-provided health insurance may pay somewhere in between.
Rather than instituting socialized medicine with no way out, let's try to make billing more transparent and get rid of the fraud that is bankrupting hospitals and families.
* * *
Original text here: https://www.americanexperiment.org/will-a-fake-30000-nosebleed-land-us-all-on-peggycare/
[Category: ThinkTank]
Center of the American Experiment Issues Commentary: Fraud in Minnesota Higher Education
MINNETONKA, Minnesota, Aug. 29 -- The Center of the American Experiment, a civic and educational organization that says it creates and advocates policies, issued the following commentary on Aug. 27, 2026, by policy fellow Catrin Wigfall:
* * *
The fraud in Minnesota higher education
While not part of the supernatural world, "ghost" students in higher education are an issue that needs to be exorcised from Minnesota's college and university system.
Reporting by KSTP found that the threat of these "ghost" students -- criminal actors who use stolen or fake identities to enroll in online courses
... Show Full Article
MINNETONKA, Minnesota, Aug. 29 -- The Center of the American Experiment, a civic and educational organization that says it creates and advocates policies, issued the following commentary on Aug. 27, 2026, by policy fellow Catrin Wigfall:
* * *
The fraud in Minnesota higher education
While not part of the supernatural world, "ghost" students in higher education are an issue that needs to be exorcised from Minnesota's college and university system.
Reporting by KSTP found that the threat of these "ghost" students -- criminal actors who use stolen or fake identities to enroll in online coursesat colleges and universities to steal federal financial aid -- has "become so prevalent at Minnesota's largest community college that administrators now say nearly a third of all applications to the school are potentially fraudulent."
Normandale Community College in Bloomington has processed about 29,000 fraudulent or potentially fraudulent applications over the last few years, according to Dara Hagen, vice president of Student Affairs. "We were seeing probably 42 percent of our applications or so being fraudulent, and now we're down to about 31 percent." The college told KSTP that those applications were "flagged for further review before any student aid was disbursed."
Systemwide, Minnesota State -- which includes Normandale and 32 other colleges and universities -- flagged 2,696 fraudulent or potentially fraudulent financial aid applications for the 2025-26 school year. That's down from the 7,700+ suspicious applications flagged the year before, but it's still a lot of fraud.
* * *
Jacob Rosenbacher, age 32, has experienced this firsthand. His name and personal information were used to enroll at Normandale and obtain a federal student loan of about $9,000. The Chicago resident told KSTP that he had never heard of Normandale or Bloomington, Minn.
"My credit dropped 168 points overnight.
...
And what Normandale, in my view, didn't do is they didn't check my identity against anything. That's all they would have had to do. They would have had to just Google me."
...
Rosenbacher says a form letter the college sent to his ghost student at the end of the semester should have been seen as a red flag.
The "academic and financial aid warning notification" noted that the student using Rosenbacher's identity had a GPA of "0.0" but added, "We believe you can do this, and we are here to help you succeed."
* * *
The 0.0 GPA wasn't an immediate red flag for administrators. "We do have students who end up stopping out that are real students," Hagen told KSTP. "And so, at some point there will be outreach." In Rosenbacher's situation, the fraud wasn't discovered until after the federal student aid was accessed
Enrollment fraud has become a nationwide problem, with community colleges particularly susceptible. Open enrollment and online courses can make it easier for fake students to get accepted undetected.
During the 2025 special legislative session, Minnesota lawmakers mandated a working group to tighten up the application process, which my colleague Josiah Padley covered here. They approved $3 million in one-time funding for identity verification across the Minnesota State system.
This money, as of KSTP's reporting, is still being allocated toward a vendor and pilot program. The working group has also produced an Enrollment Fraud User Guide for all 33 state colleges and recommended becoming a standing legislative committee that would issue an annual fraud report.
But what about the money that has already been lost? U.S. Secretary of Education Linda McMahon has claimed that 1,834 ghost students in Minnesota received $12.5 million in taxpayer-funded aid.
That's real money that was taken through a real gap in the system, and not every institution has had the same problem.
As my colleague Josiah Padley documents here, the University of Minnesota Twin Cities told legislators in February that it wasn't seeing meaningful fraud. One reason is that the U manually verifies every applicant's final high school transcript. It also charges an application fee to discourage bot-driven submissions.
Minnesota's private colleges told legislators much the same thing. Schools that had seen fraud attempts had seen only "low levels" of it. Their admissions processes for in-person residential programs don't give remote fraudsters much to work with.
With $3 million in new funding, the Minnesota legislature and Minnesota State owe taxpayers a public accounting of how many ghost students have been caught, how much they have cost so far, and whether the new identity-verification system will get community colleges closer to what the U and private colleges have already managed on their own -- without the added dollars.
Taxpayers shouldn't have to guess whether the new money is working.
* * *
Original text here: https://www.americanexperiment.org/the-fraud-in-minnesota-higher-education/
[Category: ThinkTank]
Center of the American Experiment Issues Commentary: Big Tech Settlement Includes Practical Changes But Also Caveats
MINNETONKA, Minnesota, Aug. 29 -- The Center of the American Experiment, a civic and educational organization that says it creates and advocates policies, issued the following commentary on Aug. 28, 2026, by policy fellow Catrin Wigfall:
* * *
Big Tech settlement includes practical changes but also caveats
The massive tech company Meta has agreed to pay nearly $18 billion to settle the sprawling lawsuits brought by 48 states, the District of Columbia, and U.S. territories accusing the company of designing Facebook and Instagram to hook kids and profit off their attention.
The terms of the agreement
... Show Full Article
MINNETONKA, Minnesota, Aug. 29 -- The Center of the American Experiment, a civic and educational organization that says it creates and advocates policies, issued the following commentary on Aug. 28, 2026, by policy fellow Catrin Wigfall:
* * *
Big Tech settlement includes practical changes but also caveats
The massive tech company Meta has agreed to pay nearly $18 billion to settle the sprawling lawsuits brought by 48 states, the District of Columbia, and U.S. territories accusing the company of designing Facebook and Instagram to hook kids and profit off their attention.
The terms of the agreementwill automatically apply to users under 18, and most of the terms are locked in for a decade. The new changes include:
* Daily time limits that teens can't turn off. A cumulative two-hour daily time limit will be the default across Facebook and Instagram, including time spent scrolling. Teens can only turn off the limit with a parent's permission.
* Default blocks from Meta apps at night. Between midnight and 6 a.m., teens will not be able to post or view their Feed, Stories, Explore, or Reels.
* Muted notifications during school hours. Notifications will be muted by default between 8 a.m. and 3 p.m. Teens will only receive push notifications for direct messages and alerts about their account security or safety.
* Screen time prompts. Teens will receive prompts after every 15 minutes of continuous screen time on Facebook or Instagram. They will also receive prompts when their total daily usage hits 60 minutes or 90 minutes.
* Algorithmic feed control. Teens can choose a non-algorithmic feed (one that isn't "personalized" by Meta's recommendation systems) as their default. Parents can adjust the default experience to require this setting.
* Autoplay control. Teens will be able to turn off autoplay so that content no longer plays automatically. Parents can adjust the default experience to require this setting.
* Hidden likes. The number of likes and reactions on teens' posts -- both their own and those from others -- will be hidden by default.
* Filter blocks. In addition to the existing policy that blocks teens from using cosmetic surgery filters, teens will also be blocked from using extreme makeup filters.
"Ensuring teens have a safe and productive experience on our platforms is an absolute imperative for Meta," the tech conglomerate said in a statement.
The fine print, though, reveals that Meta platforms' direct messaging features are excluded from Night Mode, Time Limit, and School Mode restrictions.
As U.S. News & World Report's Olivier Knox puts it: "So your child might not be able to fall down a rabbit hole of pirated 'Game of Thrones' clips while you sleep, but they could stay in constant contact with their social media buddies in the wee hours of the morning or during third-period math class."
According to Meta, the above protections "will only be truly effective if we work with our peers -- TikTok and YouTube -- to put the same measures in place."
And that's a telling caveat, continues Knox.
* * *
Under the terms Meta disclosed, the money [from the settlement] will come in two tranches:
* States will get about $12.7 billion -- 70% of the promised payout -- over 10 years.
* The remaining 30%, roughly $5.3 billion, will only be disbursed after YouTube and TikTok implement a one-hour daily limit, "night mode" and other measures. And only after each of those companies pays out matching the 30% amount.
... Meta is initially committing to a two-hour daily limit but wants YouTube and TikTok to accept a one-hour daily limit.
Meta says it will also reduce its daily time limit to one hour per app and expand night mode to 10 p.m. to 7 a.m. if its rivals sign on.
* * *
The backlash against Big Tech isn't happening only in the U.S. As I wrote here, UK recently joined a handful of countries, including Australia, Brazil, Canada, and Indonesia, that have put restrictions on social media use for children. France, Spain, Denmark, Thailand, and South Korea are looking into or developing similar measures.
Whether any of this changes how teens use these apps is an open question, especially given the direct messaging loopholes. Those gaps should remind us that parents still remain the first line of defense.
* * *
Original text here: https://www.americanexperiment.org/big-tech-settlement-includes-practical-changes-but-also-caveats/
[Category: ThinkTank]
Capital Research Center: Enemies of Energy - Jeremy Grantham
WASHINGTON, Aug. 29 (TNSrpt) -- The Capital Research Center issued the following excerpts of a report on Aug. 28, 2026, by Managing Editor and Director of Content Ken Braun:
* * *
Enemies of Energy: Jeremy Grantham
British billionaire Jeremy Grantham is so committed to the anti-energy movement that he considered getting arrested while protesting the Keystone XL pipeline.
Editor's note: The following is an excerpt from Enemies of Energy, a research report created for the Capital Research Center.
-
Donor type: direct grant maker
In February 2013 a cabal of anti-energy activists (40,000-strong
... Show Full Article
WASHINGTON, Aug. 29 (TNSrpt) -- The Capital Research Center issued the following excerpts of a report on Aug. 28, 2026, by Managing Editor and Director of Content Ken Braun:
* * *
Enemies of Energy: Jeremy Grantham
British billionaire Jeremy Grantham is so committed to the anti-energy movement that he considered getting arrested while protesting the Keystone XL pipeline.
Editor's note: The following is an excerpt from Enemies of Energy, a research report created for the Capital Research Center.
-
Donor type: direct grant maker
In February 2013 a cabal of anti-energy activists (40,000-strongon a "bitterly cold day," according to a Sierra Club report) arrived in Washington DC to protest against the proposed Keystone XL pipeline. According to report in The Guardian, one of the demonstrators was a British investment manager named Jeremy Grantham, who was reportedly 74 years old at the time. (Thirteen years later he is presumably aged 87 today).[i]
If it's ever built, the Keystone extension would bring much more of Alberta's bountiful heavy crude south to thirsty American oil refineries that are designed to process it. Canada has the world's fourth largest proven oil reserves (behind Venezuela, Saudi Arabia, and Iran) and most of it is located in Alberta. But much like Iran and Venezuela, too much of Alberta's petroleum has been trapped by geography and bad policies that prevent it from getting efficiently to market. Despite having more proven reserves than the United States, Canada trails far behind America's annual oil production. A burgeoning secessionist movement in Alberta is in part fueled by the Canadian government's inability to build energy pipelines.[ii]
An April 2026 profile in Fortune described the "legendary" investment career of pipeline protester Jeremy Grantham:[iii]
Grantham is well known on Wall Street for his consistently pessimistic economic views, but the British investor has become famous for some prescient predictions as well.
In September 2007, Grantham wrote an article for Fortune titled "Danger: Steep Drop Ahead" in which he detailed how an international credit crisis would cause the U.S. housing market to break, corporate profit margins to sink, and stocks to collapse.
He turned out to be right. The U.S. housing market did break, and just six months after his Fortune article was published, the Great Financial Crisis began taking its first victims as the investment banking powerhouse Bear Stearns collapsed.
Some Wall Street analysts argue that even a broken clock is right twice, and that Grantham is nothing but a "permabear"--investor lingo for someone who is always pessimistic about the economy.
But the legendary British investor has been right more than often enough to lend weight to his predictions. He also foresaw Japan's 1989 asset bubble and the dot-com bubble in 2000. And this time, he says the stock market's "superbubble" is even worse than what was seen in tech stocks in 2000.[iv]
According to The Guardian report from 2013, Grantham had by that point engaged in "15 years of low-key environmental philanthropy," but decided to ramp it up and "walk the walk" against Keystone XL. Then at the last minute, he decided to tone it down:[v]
"I was committed to getting arrested," says Grantham [ . . .] "But the day before [the protest] my wife checked with the lawyer, who said, 'Don't do that!'" It turned out that being arrested would give him serious problems when it came to travelling. "I've had a green card since completing my MBA at Harvard in 1964."[vi]
Grantham's daughter was arrested at the protest, along with what The Guardian claimed was "the US's highest-profile environmentalist Bill McKibben." McKibben is the founder of 350.org, the primary organizer NGO of the Keystone protest and an anti-energy group profiled in the previous section of this report [vii]
The Guardian report also covered an ironic admission about Grantham's path to wealth accumulation:[viii]
More awkwardly, he insists his substantial investments in oil and gas don't contradict his green views. "We need oil. If we took oil away tomorrow, civilisation ends. We can burn all the cheap, high-quality oil and gas, but if we mean to burn all the coal and any appreciable percentage of the tar sands, or even third-derivative, energy-intensive oil and gas, with 'fracking' for shale gas on the boundary, then we're cooked, we're done for."[ix]
Putting it less charitably, it is possible to cast this as an act of selfish hypocrisy.
One need not be a billionaire investor to recognize the economic logic. At issue was an internationally traded commodity. Ramping up oil supply in one place reduces the price everywhere. Under the reasonable assumption that Grantham was not invested directly in Alberta's oil, then the movement against Keystone XL was benefitting his bottom line by indirectly propping up the value of his oil investments in other regions.
Enhancing such a financial opportunity might inspire a lot of people to endure the temporary annoyance of a few hours in a DC jail (though admittedly not at the risk of getting deported afterwards).
Whatever his motives, Grantham was then and continues to be a very generous benefactor for the anti-energy movement. His two major giving platforms are the Jeremy and Hannelore Grantham Environmental Trust and the Grantham Foundation for the Protection of the Environment. The most recent publicly available IRS filings from both donor nonprofits cover grantmaking during 2024. For simplicity of understanding, what follows combines the 2024 grantmaking from both.[x]
The pair of Grantham platforms gave a combined total of $23 million in 2024 to seven of the fifteen anti-energy NGOs profiled in the previous section of this report:[xi]
* Rocky Mountain Institute: $4.6 million
* World Wildlife Fund: $3.5 million
* League of Conservation Voters Education Fund: $2 million
* Environmental Defense Fund: $1.2 million
* Earthjustice: $900,000
* org: $500,000
* Union of Concerned Scientists: $300,000
Additionally, the pair of Grantham donor nonprofits granted a combined total of $7 million in 2024 to two of the pass-through donors to anti-energy NGOs profiled in this section:[xii]
* Windward Fund: $5.7 million
* Climateworks Foundation: $1.3 million
Added all together, the seven anti-energy NGOs profiled in this report and two major pass-through funders to same received grants totaling more than $20 million from the two Grantham sources in 2024.[xiii]
* * *
Endnotes
[i] Hickman, Leo. "Jeremy Grantham, environmental philanthropist: 'We're trying to buy time for the world to wake up.'" The Guardian. April 12, 2013. Accessed April 8, 2026. https://www.theguardian.com/environment/2013/apr/12/jeremy-grantham-environmental-philanthropist-interview?INTCMP=SRCH
Henn, Jamie. "Here's How We Defeated the Keystone XL Pipeline." Sierra Club. January 31, 2021. Accessed April 8, 2026. https://www.sierraclub.org/sierra/here-s-how-we-defeated-keystone-xl-pipeline
[ii] Oil Production by Country (2024). Worldometer. Accessed April 8, 2026. https://www.worldometers.info/oil/oil-production-by-country/
Oil Reserves by Country (2025). Worldometer. Accessed April 8, 2026. https://www.worldometers.info/oil/oil-reserves-by-country/
Murphy, Jessica. "'A natural partner': US treasury secretary weighs in on Alberta separatism." BBC. January 23, 2026. https://www.bbc.com/news/articles/cy8ylqx0zw4o
Mohamed, Rahim. "Support for Alberta separatism at a 5-year high: poll." National Post. April 8, 2026. Accessed April 9, 2026. https://nationalpost.com/news/canada/support-for-alberta-separatism-at-a-5-year-high-poll
[iii] Daniel, Will. "Legendary investor Jeremy Grantham says stocks could plunge another 25% as the 'superbubble' continues to pop." April 8, 2026. Accessed April 8, 2026. https://www.aol.com/articles/legendary-investor-jeremy-grantham-says-164343148.html
[iv] Daniel, Will. "Legendary investor Jeremy Grantham says stocks could plunge another 25% as the 'superbubble' continues to pop." April 8, 2026. Accessed April 8, 2026. https://www.aol.com/articles/legendary-investor-jeremy-grantham-says-164343148.html
[v] Hickman, Leo. "Jeremy Grantham, environmental philanthropist: 'We're trying to buy time for the world to wake up.'" The Guardian. April 12, 2013. Accessed April 8, 2026. https://www.theguardian.com/environment/2013/apr/12/jeremy-grantham-environmental-philanthropist-interview?INTCMP=SRCH
[vi] Hickman, Leo. "Jeremy Grantham, environmental philanthropist: 'We're trying to buy time for the world to wake up.'" The Guardian. April 12, 2013. Accessed April 8, 2026. https://www.theguardian.com/environment/2013/apr/12/jeremy-grantham-environmental-philanthropist-interview?INTCMP=SRCH
[vii] Hickman, Leo. "Jeremy Grantham, environmental philanthropist: 'We're trying to buy time for the world to wake up.'" The Guardian. April 12, 2013. Accessed April 8, 2026. https://www.theguardian.com/environment/2013/apr/12/jeremy-grantham-environmental-philanthropist-interview?INTCMP=SRCH
[viii] Hickman, Leo. "Jeremy Grantham, environmental philanthropist: 'We're trying to buy time for the world to wake up.'" The Guardian. April 12, 2013. Accessed April 8, 2026. https://www.theguardian.com/environment/2013/apr/12/jeremy-grantham-environmental-philanthropist-interview?INTCMP=SRCH
[ix] Hickman, Leo. "Jeremy Grantham, environmental philanthropist: 'We're trying to buy time for the world to wake up.'" The Guardian. April 12, 2013. Accessed April 8, 2026. https://www.theguardian.com/environment/2013/apr/12/jeremy-grantham-environmental-philanthropist-interview?INTCMP=SRCH
[x] The Grantham Foundation For The Protection Of The Environment. (EIN: 04-6856456). 2024 IRS Form 990. Accessed April 9, 2026. https://projects.propublica.org/nonprofits/organizations/46856456/202513219349105041/full
Jeremy And Hannelore Grantham Environmental Trust. (EIN: 20-3959397). 2024 IRS Form 990. Accessed April 9, 2026. https://projects.propublica.org/nonprofits/organizations/203959397/202543219349322204/full
[xi] The Grantham Foundation For The Protection Of The Environment. (EIN: 04-6856456). 2024 IRS Form 990. Accessed April 9, 2026. https://projects.propublica.org/nonprofits/organizations/46856456/202513219349105041/full
Jeremy And Hannelore Grantham Environmental Trust. (EIN: 20-3959397). 2024 IRS Form 990. Accessed April 9, 2026. https://projects.propublica.org/nonprofits/organizations/203959397/202543219349322204/full
[xii] The Grantham Foundation For The Protection Of The Environment. (EIN: 04-6856456). 2024 IRS Form 990. Accessed April 9, 2026. https://projects.propublica.org/nonprofits/organizations/46856456/202513219349105041/full
Jeremy And Hannelore Grantham Environmental Trust. (EIN: 20-3959397). 2024 IRS Form 990. Accessed April 9, 2026. https://projects.propublica.org/nonprofits/organizations/203959397/202543219349322204/full
[xiii] The Grantham Foundation For The Protection Of The Environment. (EIN: 04-6856456). 2024 IRS Form 990. Accessed April 9, 2026. https://projects.propublica.org/nonprofits/organizations/46856456/202513219349105041/full
Jeremy And Hannelore Grantham Environmental Trust. (EIN: 20-3959397). 2024 IRS Form 990. Accessed April 9, 2026. https://projects.propublica.org/nonprofits/organizations/203959397/202543219349322204/full
* * *
Ken Braun
As managing editor and director of content of CRC, Ken Braun edits Capital Research magazine. He also conducts investigative research and drafts profiles for InfluenceWatch.org.
* * *
REPORT: https://capitalresearch.org/app/uploads/FINAL-PDF_CRC_EnemiesofEnergy.pdf
* * *
Original text here: https://capitalresearch.org/article/enemies-of-energy-jeremy-grantham/
[Category: ThinkTank]
