Arca Foundation Explained

Arca Foundation
Predecessor:Nancy Reynolds Bagley Foundation
Formation:1952
Founder:Nancy Susan Reynolds
Type:Foundation
Location:Washington, D.C.
Methods:Grant-making
Leader Title:Executive Director
Leader Name:Anna Lefer Kuhn
Board Of Directors:Margery Tabankin
Key People:R. J. Reynolds, Donna Edwards
Endowment:$55,727,462 (2013)[1]

The Arca Foundation is a progressive American philanthropic foundation.[2] [3] Founded in 1952 as the Nancy Reynolds Bagley Foundation, the foundation was renamed the Arca Foundation in 1958. The foundation was founded with assets from the R. J. Reynolds Tobacco Company. Since its inception, the Arca Foundation has made grants totaling over $50 million.[4] The foundation was formerly headed by Democrat Donna Edwards, who in 2008 took a leave of absence from Arca to run successfully for Maryland's 4th congressional district.[5]

In the 1980s, the Arca Foundation funded lobbying efforts against U.S. policy in Central America. Since 1994, the Arca Foundation has donated millions of dollars to organizations and Democratic politicians working to lift sanctions against Cuba and normalize relations between Cuba and the United States.[6] [7]

External links

Notes and References

  1. Web site: IRS Form 990 2013. Internal Revenue Service. 22 July 2015.
  2. News: Helderman. Rosalind. Hernandez. Nelson. Wynn, Edwards Start Out Swinging in First Debate. 22 July 2015. Washington Post. November 15, 2007.
  3. News: Nichols. John. Bold Progressive Donna Edwards Enters Key Senate Race. 22 July 2015. The Nation. March 12, 2015.
  4. Web site: About Us. Arca Foundation. 22 July 2015.
  5. News: Helderman. Rosalind. On Campaign Trail, Armed With Self-Assurance. 22 July 2015. Washington Post. June 12, 2008.
  6. News: Elian gets a look at Georgetown fat cats. 22 July 2015. Washington Times. May 9, 2000.
  7. Book: López. Juan. Democracy Delayed: The Case of Castro's Cuba. 2003. JHU Press. 9780801877728.