Capital Research Center (CRC)




Tax ID:


Tax-Exempt Status:


Budget (2015):

Revenue: $2,561,903
Expenses: $2,030,597
Assets: $14,390,801


1984 in Washington, D.C.


Willa Johnson


Right-of-Center Think Tank


Scott Walter

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The Capital Research Center (CRC) is a right-leaning nonprofit think tank specializing in the study of policy affecting and influence exercised by nonprofit organizations. The organization was founded in 1984 by Willa Ann Johnson, a Reagan administration official and then-senior vice president of the Heritage Foundation.1

CRC operates a number of programs, including conducting organizational research on nonprofit organizations and political influencers, publishing a monthly magazine titled Capital Research, producing documentary films through the “Dangerous Documentaries” label, and operating the website InfluenceWatch.

CRC is led by the organization’s president, former George W. Bush White House aide Scott Walter, and board chair Michael Franc, who has worked at the Hoover Institution and the Heritage Foundation. 2


Capital Research Center was founded in 1984 under the direction of Willa Ann Johnson, who had served as a Reagan administration official. During Johnson’s tenure, CRC published Patterns of Corporate Philanthropy, a periodic analysis of the political valence of corporate charitable giving.3 Johnson was succeeded as president and chair of CRC in 1994 by Terrence Scanlon, the former chairman of the Consumer Product Safety Commission during the Reagan administration.4

In 2016, Scott Walter succeeded Scanlon as president of CRC, directing the organization’s day-to-day operations. Michael Franc, director of the Hoover Institution’s Washington, D.C. programs, took over duties as chair of the CRC board of trustees responsible for the institutional governance of the organization.5

Current Activities

Philanthropic Research

Capital Research Center engages in research into philanthropy’s interaction with in the public policy process, especially as it relates to the intentions of donors. The group has published books on problems of institutional political behavior and the often unsuccessful protection of capitalist and center-right donors’ intentions,6 and CRC president Scott Walter has written articles on philanthropic policy.7


Capital Research Center releases a monthly magazine, titled Capital Research, with research articles and news items on nonprofit policy, the interaction of influencers with the public policy process, and public policy debates.8 CRC additionally publishes research-based blog posts on philanthropic policy, political and policy debates, and organizations involved in the public policy process.9

Dangerous Documentaries

Capital Research Center runs a film production program which goes by the name “Dangerous Documentaries.” Dangerous Documentaries funds films made by outside filmmakers. The group co-financed No Safe Spaces, a film on college free speech issues featuring comedian and podcaster Adam Carolla and conservative commentator Dennis Prager.10


Capital Research Center is the publisher of the InfluenceWatch website, a repository of information on groups and people involved in public policy advocacy. The research housed at InfluenceWatch has been cited by commentators in the New York Post.11


Capital Research Center has received “substantial support” from the Lynde and Harry Bradley Foundation12 and grants from the John William Pope Foundation13 and the William E. Simon Foundation.14 CRC asserts that it takes no funding from governments and performs no contract work.15


CRC’s president is Scott Walter, who took office in 2016. A philanthropic consultant and former editor of publications released by the Philanthropy Roundtable and American Enterprise Institute, Walter most prominently served on the Domestic Policy Council in the George W. Bush administration.16

CRC is governed by a board of trustees chaired by Michael Franc, a research fellow at the Hoover Institution who has worked for Congressional Republican leadership and the conservative Heritage Foundation.17 Other CRC trustees include Edwin Meese, who served as U.S. Attorney General in the Reagan administration.18

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  1. “Corporate Philanthropy.” Religion & Liberty. January/February 1992. Archived from the original February 02, 2007. Accessed June 04, 2018.
  2. “Scott Walter Named President of Capital Research Center.” The Bradley Foundation. Accessed June 04, 2018.
  3. “Corporate Philanthropy.” Religion & Liberty. January/February 1992. Archived from the original February 02, 2007. Accessed June 05, 2018.
  4. “When Nonprofits Attack: Nonprofit Organizations as Political Advocates.” Hudson Institute. July 19, 2005. Accessed June 5, 2018.
  5. “Scott Walter Named President of Capital Research Center.” The Bradley Foundation. Accessed June 05, 2018.
  6. Wooster, Martin Morse. How Great Philanthropists Failed & How You Can Succeed at Protecting Your Legacy. Washington, D.C.: Capital Research Center, 2017.
  7. “Scott Walter.” Philanthropy Daily. Accessed June 05, 2018.
  8. “Publications.” Capital Research Center. Accessed June 05, 2018.
  9. “Articles.” Capital Research Center. Accessed June 05, 2018.
  10. Bond, Paul. “Anti-Antifa Movie to Premiere at U.C. Berkeley Amid Tight Security.” The Hollywood Reporter. September 22, 2017. Accessed June 05, 2018.
  11. Buckley, F.H. “How the Left Protects Its Campus Cartel.” New York Post. May 08, 2018. Accessed June 06, 2018.
  12. “Scott Walter Named President of Capital Research Center.” The Bradley Foundation. Accessed June 06, 2018.
  13. “Our Grants.” John William Pope Foundation. Accessed June 06, 2018.
  14. “Capital Research Center.” William E. Simon Foundation. May 21, 2014. Accessed June 06, 2018.
  15. “About.” Capital Research Center. Accessed June 06, 2018.
  16. “Scott Walter.” Philanthropy Daily. Accessed June 06, 2018. walter.
  17. “Mike Franc.” Hoover Institution. Accessed June 06, 2018.
  18. “Board of Trustees.” Capital Research Center. Accessed June 06, 2018.
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: May 1, 1983

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2015 Dec Form 990 $2,561,903 $2,030,597 $14,390,801 $136,672 N $1,568,545 $6,501 $355,036 $345,109 PDF
    2014 Dec Form 990 $2,291,002 $1,777,994 $15,205,695 $120,005 N $1,191,748 $1,530 $429,559 $334,241 PDF
    2013 Dec Form 990 $2,404,390 $1,756,451 $14,924,348 $92,686 N $1,331,301 $146 $599,020 $328,262 PDF
    2012 Dec Form 990 $2,038,009 $1,678,713 $13,114,234 $173,871 N $1,551,962 $3,101 $382,430 $320,292 PDF
    2011 Dec Form 990 $1,744,738 $1,558,366 $11,802,918 $103,088 N $1,341,465 $2,028 $236,664 $310,765 PDF

    Additional Filings (PDFs)

    Capital Research Center (CRC)

    1513 16TH ST NW
    WASHINGTON, DC 20036-1401