Capital Research is a monthly publication of the Capital Research Center (CRC), a nonpartisan education and research organization, classified by the IRS as a 501(c)(3) public charity.
CRC is an independent, tax-exempt institution governed by an independent board of trustees. We rely on private financial support from the general public—individuals, foundations, and corporations—for our income. We accept no government funds and perform no contract work.
CRC was established in 1984 to promote a better understanding of charity and philanthropy. We support the principles of individual liberty, a free market economy, and limited constitutional government—the cornerstones of American society, which make possible wise and generous philanthropic giving.