Money from the medical industrial complex efficiently flowed through the foundation world to lay intellectual framework of the health care bill.  The foundations are fulfilling a similar function in order to justify both cutting and privatizing social security, and the check book of Blackstone hedge fund billionaire Pete Peterson is the source of much of the funding.  According to the Foundation Center, the Pete Peterson Foundation (PDF: 990) and the Peter G. Peterson Institute for International Economics (PDF: 990) spent millions of dollars to promote Peterson’s economic world view in 2008.

Where did it come from, and where did it go?

According to the Peterson Foundation’s 2009 990 (filed for the year 2008), they had two principle donors last year:  Pete Peterson himself gave $192 million, and Beverly Hills clothing entrepreneur Georges Marciano of Guess? fame donated $500,000.

The chart below lists the grants made by the Peterson Foundation in 2008. Not all of the recipients are members of the evil empire by any means — indeed, some are very worthy outfits. It does however paint a picture of the way Peterson is circulating his money. In addition to funding intellectual fortification for his plan and financing persuasion campaigns, it often appears that he is simply attempting to buy the silence (or at least softening the rhetoric) of his erstwhile critics.

Many of the efforts Peterson funds focus on teaching young people.  The message that social security is in trouble, and will not be there for you when you get old unless it is “fixed,” has been a key tenet of Peterson’s campaign.  The 990 indicates that in addition to financing the propaganda film I.O.U.S.A., he spent $1,124,987  on MTV advertising.  I’ve been told that this is a very compelling message to young staffers in the White House, who support the concept of cutting benefits in order to “save” Social Security.

Grants Paid Purpose Leadership & Fellows Amount
Altarum Institute
3250 Green Court, Suite 300
Ann Arbor, MI 48105
Conference for scholars, health policy experts and media to examine and increase awareness of key health challenges linked to America’s fiscal crisis Linc Smith, President & CEO

Scholars

$35,000
America’s Promise Alliance (PDF: 990)
1110 Vermont Ave NW, Suite 990
Washington, DC 20005
Fiscal literacy program for youth based on the Foundation’s film I.O.U.S.A. Marguerite Kondrake, President & CEO
Colin Powell, Founding ChairmanPolicy arm:  Focus First
$1,000,000
AmericaSpeaks
1050 17th Street, NW Suite 701
Washington, DC 20009
Development of the infrastructure to convene a national discussion on the nation’s economic crisis, providing citizens with a greater opportunity for civic engagement Carolyn J. Lukensmeyer,
Founder & President
$50,000
Be the Change
2 Canal Park
Cambridge, MA 02141
PublicService/Service Nation Campaign Alan Khazei, Founder and CEO $250,000
Brookings Institute
1775 Massachusetts Ave, NW
Washington, DC 20036
Funding for an accessible analysis of the country’s financial situation Strobe Talbott, President
Alice Rivlin, Senior Fellow, also on Debt Commission
Brookings Fellows
$50,000
Center for the Study of the Presidency and Congress
1020 19th Street, NW Suite 250
Washington, DC 20036
Comprehensive net assessment to help guide the President in developing a strategic roadmap for addressing and confronting the nation’s most urgent challenges including fiscal matters (possibly Strengthening America’s Future Initiative) David M. Abshire, Ph.D., President and CEO
Advisors and Fellows
Steering Committee: Strengthening America’s Future Initiative (PDF)
$350,000
Committee for a Responsible Federal Budget
1630 Connecticut Avenue, 7th Floor
Washington, DC
Education of the public about issues that have significant fiscal policy impact including the identification of critical flaws in the budget process and recommendations for change Maya MacGuineas, President
Board of Directors includes Pete Peterson, Alice Rivlin, Steve Coll (CEO of New America Foundation)
$594,000
Committee for Economic Development
2000 L Street NW, Suite 700
Washington, DC 20036
Education and engagement of business leaders on fiscal issues and health care costs Charles E.M. Kolb, President
Executive Committee
Researchers
$1,000,000
The Common Good Institute/Newtalk.org
477 Madison Avenue, 7th Floor
New York, NY 10022
Support for a text-based online forum enabling expert engagement on economic choices Philip K. Howard, Founder and Chair
Advisory Board includes Pete Peterson, Alan Simpson (Debt Commission member), Newt Gingrich, John Danforth
$45,000
Concord Coalition
1011 Arlington Blvd., Suite 300
Arlington, VA 22209
Public financial education programs, including the fiscal wake up tour, and the development of fiscal stewardship committees in certain regions across the US Robert Bixby, Executive DirectorBoard of Directors includes Bob Kerrey (co-Chair), Pete Peterson (President), Steve Rattner $500,000
Institute for the Advanced Policy Solutions- Emory University
New America Foundation
1599 Clifton Road, Room 6-203
Atlanta, GA
Establishment of a center for entitlement reform and institute for advanced policy solutions, and research and analysis of key drivers of rising entitlement spending Kenneth E. Thorpe, PhD, Executive Director
Advisory Board
$600,000
National Academy for Public Administration Foundation
990 7th St. NW
Washington, DC
Development of a fiscal learning tool, budgetball, to bring fiscal awareness to college students and others

Jennifer L. Dorn, President & CEO

Over 500 fellows (PDF), including Alice Rivlin
2009 Fellows

$783,671
National Academy of Sciences/Institute of Medicine
The National Academies
500 Fifth Street NW
Washington DC 20001
Public meetings at the National Academies to focus on opportunities to improve value and reduce the costs of health care in the United States Harvey V. Fineberg, President $945,000
National Academy of Social Insurance
1775 Massachusetts Avenue, NW
Washington, DC
Support for a national conference to promote and facilitate improving social insurance programs and the health-care financing system Kenneth S. Apfel, Chair $35,000
National Foundation for Teaching Entrepreneurship
120 Wall Street, 29th Floor
New York, NY 10005
Financial education curriculum for youth Amy Rosen, President & CEO $295,000
Nuclear Threat Initiative
1747 Pennsylvania Ave, NW 7th Floor
Washington, DC 20006
Funding for the World Institute for Nuclear Security to implement more effective and efficient security programs for nuclear materials and foster the appropriate exchange of best practices and lessons learned by the operators. Sam Nunn, Co-Chairman & Chief Executive Officer
Officers and Staff
$2,000,000
The Peterson Institute for International Economics
1750 Massachusetts Ave NW
Washington DC
Research and white paper examining the dependence on foreign capital and America’s growing position as world’s largest debtor country (possibly this piece by C. Fred Bergsten) C. Fred Bergsten, Director
Advisory Committee
Senior Research Staff
Visiting Fellows & Other Authors
$100,000
The Peterson Institute for International Economics
1750 Massachusetts Avenue, NW
Washington, DC 20036-1903
Support for a writer to bring key messages of the institute to the broader public C. Fred Bergsten, Director
Advisory Committee
Senior Research Staff
Visiting Fellows & Other Authors
$50,000
ProPublica
One Exchange Plaza
55 Broadway, 23rd Floor
New York, NY 10006
Support of the ProPublica prizes honoring outstanding work in investigative reporting on government bodies in the US Paul Steiger, Editor-in-Chief
Advisory Board
$49,000
Public Agenda
6 E. 39th Street
New York, NY 10016
College student fiscal awareness and education programming (Possibly Why Students Need to Be Informed About Our Looming Fiscal Crisis: The America’s Future Initiative, by Andrew L. Yarrow and Cecilia M. Orphan, April 2010) Daniel Yankelovich, Chairman and Co-Founder
Pete Peterson is an Honorary Member of the Board of Directors
$250,000
State of the USA
900 17th Street NW Suite 700
Washington, DC 20006
Platform to develop key national indicators and promote access to information on public policy issues Christopher Hoenig, President and CEO
Carolyn Lukensmeyer on the Editorial Committee
$400,000
Transatlantic Futures, Inc. / The Globalist
927 15th Street NW 57th Floor
Washington, DC 20005
Analysis of fiscal issues, including demographics and pensions, health care, trade and budget deficits, energy policies, education and youth engagements Stephan Richter, Publisher & Editor-in-ChiefEditorial Team & Contributors $40,000
Grants Accrued Purpose Leadership & Fellows Amount
Center for the Study of the Presidency and Congress
1020 19th Street NW, Suite 250
Washington, DC 20036
Comprehensive net assessment to help guide the President in developing a strategic roadmap for addressing and confronting the nation’s most urgent challenges including fiscal matters (possibly Strengthening America’s Future Initiative) David M. Abshire, Ph.D., President and CEO
Advisors and Fellows
Steering Committee: Strengthening America’s Future Initiative (PDF)
$350,000
Committee for a Responsible Federal Budget
1630 Connecticut Avenue, 7th Floor
Washington, DC
Education of the public about issues that have significant fiscal policy impact including the identification of critical flaws in the budget process and recommendations for change Maya MacGuineas, President
Board of Directors includes Pete Peterson, Alice Rivlin, Steve Coll (CEO of New America Foundation)
$296,000
Concord Coalition
1011 Arlington Blvd., Suite 300
Arlington, VA 22209
Public financial education programs, including the fiscal wake up tour, and the development of fiscal stewardship committees in certain regions across the US Robert Bixby, Executive DirectorBoard of Directors includes Bob Kerrey (co-Chair), Pete Peterson (President), Steve Rattner $1,000,000
Nuclear Threat Initiative
1747 Pennsylvania Ave, NW 7th Floor
Washington, DC 20006
Funding for the World Institute for Nuclear Security to implement more effective and efficient security programs for nuclear materials and foster the appropriate exchange of best practices and lessons learned by the operators. Sam Nunn, Co-Chairman & Chief Executive Officer
Officers and Staff
$1,000,000
Public Agenda
6 E. 39th Street
New York, NY 10016
College student fiscal awareness and education programming (Possibly Why Students Need to Be Informed About Our Looming Fiscal Crisis: The America’s Future Initiative, by Andrew L. Yarrow and Cecilia M. Orphan, April 2010) Daniel Yankelovich, Chairman and Co-Founder
Pete Peterson is an Honorary Member of the Board of Directors
$250,000

Total contributions paid and accrued: $12,307,671