Liberty Fund

Liberty Fund

Founded 1960 (1960)
Founder Pierre F. Goodrich
Purpose Educational
  • 8335 Allison Pointe Trail, Indianapolis, Indiana
Coordinates 39°54′28″N 86°04′48″W / 39.90778°N 86.08000°W / 39.90778; -86.08000Coordinates: 39°54′28″N 86°04′48″W / 39.90778°N 86.08000°W / 39.90778; -86.08000
Method Publishing, conferences

Liberty Fund, Inc. is a nonprofit foundation[2] headquartered in Indianapolis, Indiana, USA which promulgates the libertarian views of its founder through publishing, conferences, and educational resources. The operating mandate of the Liberty Fund was set forth in an unpublished memo written by its founder, Pierre F. Goodrich "to encourage the study of the ideal of a society of free and responsible individuals.”[3][4]

Overview and program

Liberty Fund was founded by Goodrich in 1960.[5] In 1997 it received an $80 million donation from Goodrich's wife, Enid, increasing its assets to over $300 million.[4][6]

The Foundation has funded the publication of almost 400 titles in the fields of history, politics, philosophy, law, education, and economics.[7] These include the Glasgow Edition of the Works and Correspondence of Adam Smith (7 vols.), the Sraffa edition of the Works and Correspondence of David Ricardo (11 vols.), Liberty Fund’s Natural Law and Enlightenment Series (31 of a projected 44 vols.), and the Historical-Critical Edition of Alexis de Tocqueville’s Democracy in America (4 vols.).

Liberty Fund conducts various programs, including programs which it co-sponsors with other institutions.[8][9] Liberty Fund conducts about 200 all-expenses-paid conferences each year in Indianapolis and around the world.[10]

In November 2015, it was announced that the Liberty Fund was building a $22 million headquarters in Carmel, Indiana.[11]


In his book The Assault on Reason, former U.S. Vice President and presidential candidate Al Gore wrote that between 2002 and 2004, 97% of the attendees at Liberty Fund training seminars for judges were Republican administration appointees. Gore suggests that such conferences and seminars are one of the reasons that judges who regularly attend such conferences "are generally responsible for writing the most radical pro-corporate, antienvironmental, and activist decisions." Referring to what he calls the "Big Three," the Foundation for Research on Economics and the Environment, George Mason University's Law & Economics Center (LEC), and the Liberty Fund he adds, "These groups are not providing unbiased judicial education. They are giving multithousand-dollar vacations to federal judges to promote their radical right-wing agenda at the expense of the public interest."[12]

Liberty Fund has been cited by historian Donald T. Critchlow as one of the endowed conservative foundations which laid the way for the election of U.S. President Ronald Reagan in 1980.[13]

See also


  1. The Ama-gi is interpreted by the Liberty Fund to be the earliest-known written appearance of the word "freedom", or "liberty", taken from a clay document written about 2300 BCE in the Sumerian city-state of Lagash. See: Logo
  2. Simon, Scott (March 28, 2009). "Sarah Palin as Dorothy? We're Not in Kansas". Weekend Edition – Saturday. NPR. Retrieved September 8, 2013.
  3. Morgan N. Knull, Goodrich, Pierre, First Principles, 09/23/11
  4. 1 2 Robert T. Grimm (ed.), Notable American Philanthropists: Biographies of Giving and Volunteering, Greenwood Publishing Group, 2002, pp. 125-128
  5. "Pierre F. Goodrich". Liberty Fund. Retrieved 2013-04-20.
  6. "Gift pulls Liberty out of shadows". Indianapolis Business Journal. IBJ Corporation. June 30, 1997. Retrieved September 8, 2013. Because the conferences are scattered across the globe and because they attract only elite thinkers, the fund attracts little attention in Indianapolis outside its Allison Pointe offices.
  7. Liberty Fund: About Books
  8. "Co-sponsored programs". Liberty Fund. Retrieved 2013-04-20.
  9. "TFAS Co-sponsors Curriculum of Liberty Seminar for Alumni". The Fund For American Studies (TFAS). Retrieved 8 April 2016.
  10. Andrews, Greg (February 21, 2015). "$22M HQ to raise profile of asset-rich Liberty Fund". Indianapolis Business Journal. Retrieved 8 April 2016.
  11. "Liberty Fund building $22M headquarters in Carmel". Indy Star. Retrieved 3 November 2015.
  12. Gore, Al (2007). The Assault on Reason. Penguin Press. p. 234. ISBN 978-1-59420-122-6.
  13. Critchlow, Donald. "Phyllis Schlafly and Grassroots Conservatism". New York Times. Retrieved 8 September 2013.
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