Skip to content
Congressional Integrity Project
Case fileFoundationConservative networkHigh-profile

Diana Davis Spencer Foundation Inc.

Appears in filings: 2021–2023

Total known giving to Capital Research Center

$1,250,000

“With net assets reported near $1.5 billion, it is among the largest foundations funding the conservative policy world.”

Why this donor matters

The Diana Davis Spencer Foundation, with net assets reported around $1.5 billion, is among the largest single-family foundations now backing the conservative nonprofit network. It funds marquee right-of-center institutions and appears in Capital Research Center's funding ecosystem.

Giving on record

YearRecipientSource filingAmount
2023Capital Research CenterIRS Form 990 (2023)$500,000
2022Capital Research CenterIRS Form 990 (2022)$400,000
2021Capital Research CenterIRS Form 990 (2021)$350,000
Total$1,250,000

Why this matters

Transparency starts with following the money.

When a self-styled “watchdog” is bankrolled by the very interests it serves, the public deserves to know. Share this investigation. Put it in front of reporters and lawmakers. Help hold Capital Research Center’s funders accountable.