Funding of the Institute
The Institute is funded by corporate donations and foundation grants and looks to a broad base of support to preserve its independence.
Membership of the Institute is open to individuals, the business sector, trusts and educational and charitable foundations and individuals.
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The Institute is a non-profit educational foundation, incorporated in Washington, DC, and is tax exempt under Section 501(c)(3) of the Internal Revenue Code.
What Does it Do for the Country?
Economic policy research on industrial organization and international trade and investment suffers from a disadvantage not encountered, or not encountered as much, in other fields of economic enquiry.
Governments and businesses are inclined to think of research in these areas only as a means of promoting their interests. They have difficulty in seeing such research as enabling the rest of society to understand them and their problems.
This means when it comes to the disclosure of discriminatory practices that governments and businesses are happy with research and analysis that finds the mote in their neighbors eye, but distressed and even angry with research and analysis that finds the beam in their own.