Jeremiah Milbank created The JM Foundation in 1924. He was an ardent believer in individual liberty, limited government, and free markets.
The Foundation’s current priorities include:
- Supporting education and research that fosters market-based policy solutions, especially at state think tanks.
- Developing state and national organizations that promote free enterprise, entrepreneurship, and private initiative
- Identifying and educating young leaders
To be eligible for funding by the Foundation, an organization must be located in the United States and tax-exempt under the U.S. Internal Revenue Code. The Foundation cannot provide grants to individuals. As a general rule, the Foundation does not provide annual funding.