Brownstone Institute for Social and Economic Research

Brownstone Institute for Social and Economic Research is a libertarian-leaning think tank founded to respond to government policies regarding the COVID-19 pandemic, opposing COVID lockdowns and vaccine mandates. 1 The institute is closely aligned with the Great Barrington Declaration, a proposal in which scientists argued lockdowns were ineffective in fighting the pandemic. 2

At-A-Glance

Issue Areas: Healthcare Policy
Website: brownstone.org
Founded:

2021

Location: Austin, TX View on map
Tax ID: 87-1368060
Most Recent Filing: 2024
Budget (2024): Assets: $3,564,240 Revenue: $2,569,313 Expenses: $2,197,147

Contents

    The Brownstone Institute was founded in May 2021 by Jeffrey Tucker, an author and editor who previously worked for the libertarian think tank American Institute for Economic Research. 1 2

    Background

    Brownstone Institute for Social and Economic Research is a libertarian-leaning think tank founded in response to government policies regarding the COVID-19 pandemic that the group says demonstrated “a willingness on the part of the public and officials to forego freedom and fundamental human rights in the name of a public health crisis.” 1

    The group says its mission is not limited to COVID-19, but to any future crisis that would prompt the public to give up freedom and governments to enhance their power. The institute says it “rejects the rights of the legally privileged few to rule over the many under any pretext” and supports “preserving freedom, free speech, and essential rights even in times of crisis.” 1

    Brownstone Institute is closely aligned with the Great Barrington Declaration, in which epidemiologists from Harvard, Oxford, and Stanford universities challenged the prevailing view that lockdowns were the best way to fight the COVID-19 pandemic. 3 In this declaration, Harvard’s Martin Kulldorff, Oxford’s Sunetra Gupta, and Stanford’s Jay Bhattacharya favored what they called “focused protection” of high-risk populations instead of broad lockdowns of the entire population. 4 Anthony Fauci, the director of the National Institute for Allergies and Infectious Diseases, condemned the Great Barrington Declaration. 5

    Brownstone Institute contends the COVID-19 lockdowns set a precedent in the modern world, and it says it wants to try to prevent future lockdowns under other rationales. The institute says it wants to generate new ideas in public health, scientific discourse, economics, and social theory to defend liberty. 1

    The institute was founded in May 2021 by Jeffrey Tucker, author of Liberty or Lockdown, a book that contends lockdowns are ineffective. 1 6

    Policy and Goals

    The group took the name Brownstone Institute from the long-lasting building stone, also called “Freestone,” that was used in 19th-century American cities. The name symbolizes that it wants to “rebuild” the “core values of human rights and freedom as non-negotiables for an enlightened society.” 1

    The institute says its primary focus includes a post-lockdown recovery for small businesses and entrepreneurial opportunity; academic freedom and the free exchange of ideas; prosperity, freedom, and health for people in society “especially its less privileged members”; and the well-being of school-age children whom the institute says were hit hardest by the lockdowns. 1

    The institute says the “fundamental misunderstanding” of human rights is “alive in all countries around the world today.” 1

    The institute held what it plans to be the first of future annual conferences in November 2021. 7

    Leadership

    Jeffrey Tucker is the founder and president of the Brownstone Institute. He is the author of 10 books in five languages, most recently Liberty and Lockdown. He is also the editor of The Best of Mises, on economics and culture. 1 Tucker is a columnist at Forbes. He is also the founder of the Atlanta Bitcoin Embassy, and a senior distinguished fellow of the Austrian Economics Center in Vienna, Austria. 8 He is the former editorial director for the libertarian think tank American Institute for Economic Research. 2

    Martin Kulldorff is the senior scientific director of the Brownstone Institute. Previously, he was a professor at the Harvard Medical School for ten years. He is an epidemiologist and biostatistician specializing in infectious disease outbreaks and vaccine safety and was a co-author of the Great Barrington Declaration, which questioned the need for lockdowns during the COVID-19 pandemic. Kulldorff is the developer of Free SaTScan, TreeScan, and RSequential software. 1

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $3,564,240 $2,569,313 $2,197,147 View
    2023 $3,192,074 $2,447,470 $1,482,967 View
    2022 $2,227,571 $1,779,657 $591,954 View
    2021 $1,087,905 $1,206,138 $118,233 View

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 2

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Lucio EastmanSecretary/Media$164,780
    Jeffrey TuckerPresident$31,699

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $1,083,548
    • Number of Grants: 32
    • Number of Funders: 21

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $402,9002023 Donor Advised Charitable Giving, Inc.PUBLIC, SOCIETAL BENEFIT
    $100,0002022 Gs Donor Advised Philanthropy Fund for Wealth Management IncCOMMUNITY & HUMAN SERVICES
    $100,0002021 Morgan Stanley Global Impact Funding Trust IncUNRESTRICTED GENERAL SUPPORT
    $75,0002022 Morgan Stanley Global Impact Funding Trust IncUNRESTRICTED GENERAL SUPPORT
    $67,3502023 Donors Trust Incfor general operations
    $64,0982022 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $52,8502024 Donors Trust Incfor general operations
    $50,0002024 The Snider FoundationLIBER-NET, OPERATING SUPPORT
    $25,0002023 The Crary Social Ecology FundCHARITABLE ACTIVITIES
    $19,0002024 Bradley Impact Fund IncGENERAL OPERATING SUPPORT.
    $15,0002024 Maria FoundationGENERAL SUPPORT
    $15,0002023 Maria FoundationGENERAL SUPPORT
    $12,5502024 Donor Advised Charitable Giving, Inc.PUBLIC, SOCIETAL BENEFIT
    $11,0002024 Vanguard CharitableFOR RECIPIENT'S EXEMPT PURPOSE
    $10,0002024 Tulsa Community FoundationGENERAL OPERATIONS
    $10,0002023 The Pittsburgh Foundationfor general operating support.
    $10,0002022 The Pittsburgh FoundationFor general operating support
    $6,0002024 Carson Family Foundation C/o Susan CarsonCONTRIBUTIONS ARE FOR UNRESTRICTED PURPOSES
    $5,7502022 Donor Advised Charitable Giving, Inc.PUBLIC, SOCIETAL BENEFIT
    $5,0002024 Integrity Media NFP C/o Leonard GoodmanGENERAL OPERATING SUPPORT
    $5,0002024 Starfish FundGENERAL OPERATIONS
    $5,0002021 The Pittsburgh Foundationfor science and liberty.
    $4,5002024 Creigh Family FoundationGeneral Operations
    $4,5002023 Creigh Family FoundationGeneral Operations
    $2,5002023 Sutton Fam Foundation2023 DONATION

    Mentioned in this Article

    References

    1. “About.” Brownstone Institute. Accessed February 25, 2022. https://brownstone.org/about/
    2. D’Ambrosio, Amanda. “New Institute Has Ties to the Great Barrington Declaration.” Medpage Today. November 11, 2021. Accessed February 25, 2022. https://www.medpagetoday.com/special-reports/exclusives/95601
    3. [1] “How Fauci and Collins Shutdown COVID Debate.” Wall Street Journal. December 21, 2021. Accessed January 14, 2022. https://www.wsj.com/articles/fauci-collins-emails-great-barrington-declaration-covid-pandemic-lockdown-11640129116
    4. “How Fauci and Collins Shutdown COVID Debate.” Wall Street Journal. December 21, 2021. Accessed January 14, 2022. https://www.wsj.com/articles/fauci-collins-emails-great-barrington-declaration-covid-pandemic-lockdown-11640129116
    5. [1] D’Ambrosio, Amanda. “New Institute Has Ties to the Great Barrington Declaration.” Medpage Today. November 11, 2021. Accessed February 25, 2022. https://www.medpagetoday.com/special-reports/exclusives/95601
    6. “Jeffrey Tucker: Liberty or Lockdown.” Fox News Radio. November 27, 2021. Accessed February 25, 2022. https://radio.foxnews.com/2021/11/27/jeffrey-tucker-liberty-or-lockdown/
    7. “Lockdowns, Mandates, and the Future of Public Health: Brownstone Institute Inaugural Conference.” NTD. November 13, 2021. Accessed February 25, 2022. https://www.ntd.com/lockdowns-mandates-and-the-future-of-public-health-brownstone-institute-inaugural-conference_700976.html
    8. Kuntsler, James Howard. “A Conversation with Jeffrey Tucker of the Brownstone Institute.” Kunstlercast. Podcast. January 11, 2022. Accessed February 25, 2022. https://kunstler.com/podcast/kunstlercast-353-a-conversation-with-jeffrey-tucker-of-the-brownstone-institute/