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Council on Foreign Relations
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The Council on Foreign Relations (CFR) is an American think tank focused on U.S. foreign policy and international relations. Founded in 1921, it is an independent and nonpartisan 501(c)(3) nonprofit organization with longstanding ties to political, corporate, and media elites.[3][4] CFR is based in New York City, with an additional office in Washington, D.C. Its membership has included senior politicians, secretaries of state, CIA directors, bankers, lawyers, professors, corporate directors, CEOs, and prominent media figures.
Key Information
CFR meetings convene government officials, global business leaders, and prominent members of the intelligence and foreign-policy communities to discuss international issues. CFR publishes the bi-monthly journal Foreign Affairs since 1922. It also runs the David Rockefeller Studies Program, which makes recommendations to presidential administrations and the diplomatic community, testifies before Congress, interacts with the media, and publishes research on foreign policy issues.
Michael Froman is the organization's 15th president.
History
[edit]Origins, 1918 to 1945
[edit]
In September 1917, near the end of World War I, President Woodrow Wilson established a working fellowship of about 150 scholars called "The Inquiry", tasked with briefing him about options for the postwar world after Germany was defeated. This academic group, directed by Wilson's closest adviser and long-time friend "Colonel" Edward M. House, and with Walter Lippmann as Head of Research, met to assemble the strategy for the postwar world.[6]: 13–14 The team produced more than 2,000 documents detailing and analyzing the political, economic, and social facts globally that would be helpful for Wilson in the peace talks. Their reports formed the basis for the Fourteen Points, which outlined Wilson's strategy for peace after the war's end. These scholars then traveled to the Paris Peace Conference 1919 and participated in the discussions there.[7]: 1–5

As a result of discussions at the Peace Conference, a small group of British and American diplomats and scholars met on May 30, 1919, at the Hotel Majestic in Paris. They decided to create an Anglo-American organization called "The Institute of International Affairs", which would have offices in London and New York.[6]: 12 [7]: 5 Ultimately, the British and American delegates formed separate institutes, with the British developing the Royal Institute of International Affairs (known as Chatham House) in London. Due to the isolationist views prevalent in American society at that time, the scholars had difficulty gaining traction with their plan and turned their focus instead to a set of discreet meetings which had been taking place since June 1918 in New York City, under the name "Council on Foreign Relations". The meetings were headed by corporate lawyer Elihu Root, who had served as Secretary of State under President Theodore Roosevelt, and attended by 108 "high-ranking officers of banking, manufacturing, trading and finance companies, together with many lawyers".[citation needed]

The members supported Wilson's internationalist vision but were especially concerned about "the effect that the war and the treaty of peace might have on postwar business".[7]: 6–7 Scholars from the Inquiry saw an opportunity to establish an organization that would bring together diplomats, senior government officials, and academics with lawyers, bankers, and industrialists to influence public policy. On July 29, 1921, they filed a certification of incorporation, officially forming the Council on Foreign Relations.[7]: 8–9 Founding members included its first honorary president, Elihu Root, and first elected president, John W. Davis, vice-president Paul D. Cravath, and secretary–treasurer Edwin F. Gay.[8][5]

In 1922, Gay, who was a former dean of the Harvard Business School and director of the Shipping Board during the war, headed the Council's efforts to begin publication of a magazine that would be the "authoritative" source on foreign policy. He gathered US$125,000 (equivalent to $2,348,161 in 2024) from the wealthy members on the council, as well as by sending letters soliciting funds to "the thousand richest Americans". Using these funds, the first issue of Foreign Affairs was published in September 1922. Within a few years, it had gained a reputation as the "most authoritative American review dealing with international relations".[6]: 17–18
In the late 1930s, the Ford Foundation and Rockefeller Foundation began financially supporting the Council.[9] In 1938, they created various Committees on Foreign Relations, which later became governed by the American Committees on Foreign Relations in Washington, D.C., throughout the country, funded by a grant from the Carnegie Corporation. Influential men were to be chosen in a number of cities, and would then be brought together for discussions in their own communities as well as participating in an annual conference in New York. These local committees served to influence local leaders and shape public opinion to build support for the Council's policies, while also acting as "useful listening posts" through which the Council and U.S. government could "sense the mood of the country".[6]: 30–31
During the Second World War, the Council achieved much greater prominence within the government and the State Department, when it established the strictly confidential War and Peace Studies, funded entirely by the Rockefeller Foundation.[7]: 23 The secrecy surrounding this group was such that the Council members who were not involved in its deliberations were completely unaware of the study group's existence.[7]: 26 It was divided into four functional topic groups: economic and financial; security and armaments; territorial; and political. The security and armaments group was headed by Allen Welsh Dulles, who later became a pivotal figure in the CIA's predecessor, the Office of Strategic Services (OSS). CFR ultimately produced 682 memoranda for the State Department, which were marked classified and circulated among the appropriate government departments•[7]: 23–26
Cold War era, 1945 to 1979
[edit]
A critical study found that of 502 government officials surveyed from 1945 to 1972, more than half were members of the Council.[7]: 48 During the Eisenhower administration 40% of the top U.S. foreign policy officials were CFR members (Eisenhower himself had been a council member); under Truman, 42% of the top posts were filled by council members. During the Kennedy administration, this number rose to 51%, and peaked at 57% under the Johnson administration.[6]: 62–64
In 1947, CFR study group member George Kennan anonymously published an article in Foreign Affairs titled, "The Sources of Soviet Conduct," in which he introduced the concept of "containment." The essay became highly influential in shaping U.S. foreign policy over the course of the next seven presidential administrations. Forty years later, Kennan remarked that he had never believed the Soviet Union intended to attack the United States, assuming that point was so self-evident it required no explanation in the original essay. William Bundy credited CFR's study groups with helping to lay the framework of thinking that led to the Marshall Plan and NATO. Due to new interest in the group, membership grew towards 1,000.[7]: 35–39
Dwight D. Eisenhower chaired a CFR study group while he served as President of Columbia University. One member later said, "whatever General Eisenhower knows about economics, he has learned at the study group meetings."[7]: 35–44 The CFR study group devised an expanded study group called "Americans for Eisenhower" to increase his chances for the presidency. Eisenhower would later draw many Cabinet members from CFR ranks and become a CFR member himself. His primary CFR appointment was Secretary of State John Foster Dulles. Dulles gave a public address at the Harold Pratt House in New York City in which he announced a new direction for Eisenhower's foreign policy: "There is no local defense which alone will contain the mighty land power of the communist world. Local defenses must be reinforced by the further deterrent of massive retaliatory power." After this speech, the council convened a session on "Nuclear Weapons and Foreign Policy" and chose Henry Kissinger to head it. Kissinger spent the following academic year working on the project at Council headquarters. The book of the same name that he published from his research in 1957 gave him national recognition, topping the national bestseller lists.[7]: 39–41
CFR played an important role in the creation of the European Coal and Steel Community.[10] CFR promoted a blueprint of the ECSC and helped Jean Monnet promote the ESCS.[10]
On November 24, 1953, a study group heard a report from political scientist William Henderson regarding the ongoing conflict between France and Vietnamese Communist leader Ho Chi Minh's Viet Minh forces, a struggle that would later become known as the First Indochina War. Henderson argued that Ho's cause was primarily nationalist in nature and that Marxism had "little to do with the current revolution." Further, the report said, the United States could work with Ho to guide his movement away from Communism. State Department officials, however, expressed skepticism about direct American intervention in Vietnam and the idea was tabled. Over the next twenty years, the United States would find itself allied with anti-Communist South Vietnam and against Ho and his supporters in the Vietnam War.[7]: 40, 49–67
The Council served as a "breeding ground" for important American policies such as mutual deterrence, arms control, and nuclear non-proliferation.[7]: 40–42
In 1962 the group began a program of bringing select Air Force officers to the Harold Pratt House to study alongside its scholars. The Army, Navy and Marine Corps requested they start similar programs for their own officers.[7]: 46
A four-year-long study of relations between America and China was conducted by the Council between 1964 and 1968. One study published in 1966 concluded that American citizens were more open to talks with China than their elected leaders. Henry Kissinger had continued to publish in Foreign Affairs and was appointed by President Richard Nixon to serve as National Security Adviser in 1969. In 1971, he embarked on a secret trip to Beijing to broach talks with Chinese leaders. Nixon went to China in 1972, and diplomatic relations were completely normalized by President Carter's Secretary of State, another Council member, Cyrus Vance.[7]: 42–44
The Vietnam War created a rift within the organization. When Hamilton Fish Armstrong announced in 1970 that he would be leaving the helm of Foreign Affairs after 45 years, new chairman David Rockefeller approached a family friend, William Bundy, to take over the position. Anti-war advocates within the Council rose in protest against this appointment, claiming that Bundy's hawkish record in the State and Defense Departments and the CIA precluded him from taking over an independent journal. Some considered Bundy a war criminal for his prior actions.[7]: 50–51
In November 1979, while chairman of CFR, David Rockefeller became embroiled in an international incident when he and Henry Kissinger, along with John J. McCloy and Rockefeller aides, persuaded President Jimmy Carter through the State Department to admit the Shah of Iran, Mohammad Reza Pahlavi, into the US for hospital treatment for lymphoma. This action directly precipitated what is known as the Iran hostage crisis and placed Rockefeller under intense media scrutiny (particularly from The New York Times) for the first time in his public life.[11][12]
In his book, White House Diary, Carter wrote of the affair, "April 9 [1979] David Rockefeller came in, apparently to induce me to let the shah come to the United States. Rockefeller, Kissinger, and Brzezinski seem to be adopting this as a joint project".[13]
Membership
[edit]The CFR has two types of membership: life membership; and term membership, which lasts for 5 years and is available only to those between the ages of 30 and 36. Only U.S. citizens (native born or naturalized) and permanent residents who have applied for U.S. citizenship are eligible. A candidate for life membership must be nominated in writing by one Council member and seconded by a minimum of three others. Visiting fellows are prohibited from applying for membership until they have completed their fellowship tenure.[14]
Corporate membership is divided into "Associates", "Affiliates", "President's Circle", and "Founders". All corporate executive members have opportunities to hear speakers, including foreign heads of state, chairmen and CEOs of multinational corporations, and U.S. officials and Congressmen. President and premium members are also entitled to attend small, private dinners or receptions with senior American officials and world leaders.[15]
The CFR has a Young Professionals Briefing Series designed for young leaders interested in international relations to be eligible for term membership.[16]
Women were excluded from membership until the 1960s.[17]
Board members
[edit]As of 2025,[update] members of CFR's board of directors include:[18]
- David M. Rubenstein (chairman) – cofounder and co-chief executive officer, The Carlyle Group, regent of the Smithsonian Institution, chairman of the board of Duke University, co-chair of the board at the Brookings Institution, president of the Economic Club of Washington, and owner of the Baltimore Orioles.
- Blair Effron (vice chairman) – cofounder, Centerview Partners
- Jami Miscik (vice chairman) – senior advisor at Lazard Geopolitical Advisory and chief executive officer of Global Strategic Insights; former chief executive officer and vice chairman, Kissinger Associates, Inc. Ms. Miscik served as the global head of sovereign risk at Lehman Brothers. She also serves as a senior advisor to Barclays Capital
- Michael Froman (president) – former vice chairman and president, strategic growth, at Mastercard; former U.S. trade representative (2013–2017) under President Barack Obama
- Nicholas F. Beim − partner at Venrock
- Afsaneh Mashayekhi Beschloss − founder and chief executive officer, RockCreek
- Margaret Brennan − moderator, Face the Nation; chief foreign affairs correspondent, CBS News
- Sylvia Mathews Burwell – president, American University; former United States Secretary of Health and Human Services (2014–2017) under President Barack Obama
- Kenneth I. Chenault − chairman and managing director, General Catalyst
- Tony Coles − executive chairman, Cerevel Therapeutics; co-founder and co-chair of the Black Economic Alliance
- Cesar Conde – chairman, NBCUniversal News Group
- Thomas Donilon
- Michèle Flournoy – cofounder and managing partner, WestExec Advisors; cofounder, former chief executive officer, and now chair of the Center for a New American Security (CNAS)
- Jane Fraser – chief executive officer, Citi
- Stephen Freidheim – chief investment officer, founder, managing partner, Cyrus Capital Partners L.P.
- James P. Gorman – executive chairman, Morgan Stanley
- Margaret (Peggy) Hamburg − former US FDA commissioner; former foreign secretary, National Academy of Medicine
- William Hurd − former U.S. representative for Texas's 23rd congressional district (2015−2021); former CIA clandestine officer
- Charles R. Kaye − chief executive officer, Warburg Pincus
- Christopher Liddell
- William H. McRaven – professor of national security, Lyndon B. Johnson School of Public Affairs, The University of Texas at Austin
- Justin Muzinich – chief executive officer, Muzinich & Company; former U.S. Deputy Secretary of the Treasury (2018–2021)
- Janet Napolitano – professor of public policy, Goldman School of Public Policy, University of California, Berkeley, former U.S. Attorney (1993–1997), Attorney General of Arizona (1999–2003), Governor of Arizona (2003–2009), and President Barack Obama's first Homeland Security Secretary (2009–2013)
- Meghan L. O'Sullivan − director of Belfer Center for Science and International Affairs, Jeane Kirkpatrick Professor of the Practice of International Affairs, Harvard Kennedy School
- Deven J. Parekh – managing director, Insight Partners
- Charles Phillips − managing partner and cofounder, Recognize
- Richard L. Plepler – founder and chief executive officer, Eden Productions
- Ruth Porat – president, chief investment officer, and chief financial officer, Alphabet and Google
- Laurene Powell Jobs
- L. Rafael Reif – president emeritus, Massachusetts Institute of Technology
- Mariko Silver – president and chief executive officer, The Henry Luce Foundation; former president, Bennington College
- James D. Taiclet – chairman, president, and chief executive officer, Lockheed Martin; associate fellow of the American Institute of Aeronautics and Astronautics
- Linda Thomas-Greenfield
- Frances Fragos Townsend − executive vice president of corporate affairs, corporate secretary, chief compliance officer, Activision Blizzard
- Tracey T. Travis – executive vice president of finance and chief financial officer, Estée Lauder Companies
- Fareed Zakaria – host, CNN's Fareed Zakaria GPS; columnist for the Washington Post, contributing editor for the Atlantic; former managing editor of Foreign Affairs (1992–2000)
- Amy Zegart – Morris Arnold and Nona Jean Cox senior fellow at the Hoover Institution
As a charity
[edit]The Council on Foreign Relations received a three-star rating (out of four stars) from Charity Navigator in fiscal year 2016, as measured by an analysis of the council's financial data and "accountability and transparency".[19] In fiscal year 2023, the council received a four-star rating (98 percent) from Charity Navigator.[20]
Reception
[edit]In an article for The Washington Post, Richard Harwood described the membership of the CFR as "the nearest thing we have to a ruling establishment in the United States".[21]
The CFR has been criticized for its perceived elitism and influence over U.S. foreign policy, with detractors arguing that it serves as a networking hub for government officials, corporate executives, and media figures, reinforcing an establishment consensus that prioritizes globalist policies over national interests.[4][22][23]
In 2019, CFR was criticized for accepting a donation from Len Blavatnik, a Ukrainian-born billionaire with close links to Vladimir Putin.[24] The council was reported to be under fire from its own members and dozens of international affairs experts over its acceptance of a $12 million gift to fund an internship program.[24] Fifty-five international relations scholars and Russia experts wrote a letter to the organization's board and CFR president Richard N. Haass:
"It is our considered view that Blavatnik uses his 'philanthropy'—funds obtained by and with the consent of the Kremlin, at the expense of the state budget and the Russian people—at leading western academic and cultural institutions to advance his access to political circles. We regard this as another step in the longstanding effort of Mr. Blavatnik—who ... has close ties to the Kremlin and its kleptocratic network—to launder his image in the West."[25]
Critics have accused the CFR of promoting interventionist foreign policies, stating that its reports and recommendations have often supported U.S. military interventions and regime-change efforts. Some opponents say that its influence contributes to a bipartisan consensus that favors global military engagement, economic neoliberalism, and the interests of multinational corporations.[26][27][28]
Publications
[edit]Periodicals
[edit]Foreign Affairs
[edit]- The council publishes the international affairs magazine Foreign Affairs. It also establishes independent task forces, which bring together various experts to produce reports offering both findings and policy prescriptions on foreign policy topics. CFR has sponsored more than fifty reports, including the Independent Task Force on the Future of North America that published report No. 53, entitled Building a North American Community, in May 2005.[29]
- The United States in World Affairs (annual)[30]
- Political Handbook of the World (annual)[30]
Books
[edit]- Tobin, Harold J. & Bidwell, Percy W. Mobilizing Civilian America. New York: Council on Foreign Relations, 1940.
- Savord, Ruth. American Agencies Interested in International Affairs. Council on Foreign Relations, 1942.
- Barnett, A. Doak. Communist China and Asia: Challenge To American Policy. New York: Harper & Brothers, 1960. LCCN 60-5956
- Bundy, William P. (ed.). Two Hundred Years of American Foreign Policy. New York University Press, 1977. ISBN 978-0814709900
- Clough, Michael. Free at Last? U.S. Policy Toward Africa and the End of the Cold War. New York: Council on Foreign Relations Press, 1991. ISBN 0876091001
- Mandelbaum, Michael. The Rise of Nations in the Soviet Union: American Foreign Policy and the Disintegration of the USSR. New York: Council on Foreign Relations Press, 1991. ISBN 978-0876091005
- Gottlieb, Gidon. Nation Against State: A New Approach to Ethnic Conflicts and the Decline of Sovereignty. New York: Council on Foreign Relations Press, 1993. ISBN 0876091591
- Bruce Hoffman & Jacob Ware God, Guns, Sedition: Far Right Terrorism in America
- A Council on Foreign Relations book, Columbia University Press, New York, 2024, 448 pages
- ISBN 9780231211222
Reports
[edit]- "Confronting Reality in Cyberspace: Foreign Policy for a Fragmented Internet"[31][32] recommends reconsideration of U.S. cyber, digital trade and online freedom policies which champion a free and open internet, as having failed.[33]
- US-Taiwan Relations in a New Era - Responding to a More Assertive China, Independent Task Force Report No. 81, co-chaired by Susan M. Gordon and Michael G. Mullen, directed by David Sacks.
See also
[edit]References
[edit]- ^ "Michael Froman". Archived from the original on August 4, 2023. Retrieved August 4, 2023.
- ^ a b Council On Foreign Relations Inc — 2022 Archived August 6, 2023, at the Wayback Machine. projects.propublica.org.
- ^ "Council on Foreign Relations". influencewatch.org. InfluenceWatch. Archived from the original on July 5, 2024. Retrieved July 13, 2024.
- ^ a b Lukas, J. Anthony (November 21, 1971). "The Council on Foreign Relations— Is It a Club? Seminar? Presidium? 'Invisible Government'?". The New York Times. ISSN 0362-4331. Retrieved March 25, 2025.
- ^ a b c "Directors and Officers" Archived December 9, 2021, at the Wayback Machine cfr.org. Retrieved November 29, 2021.
- ^ a b c d e Shoup, Lawrence H.; Minter, William (1977). Imperial Brain Trust: The Council on Foreign Relations and United States Foreign Policy. Monthly Review Press. ISBN 0-85345-393-4.
- ^ a b c d e f g h i j k l m n o p Grose, Peter (2006). Continuing the Inquiry: The Council on Foreign Relations from 1921 to 1996. Council on Foreign Relations Press. ISBN 0876091923.
- ^ "The Council on Foreign Relations A Short History" by George Gavrilis, Council on Foreign Relations, 2021, page 10. Retrieved November 29, 2021. Archived November 30, 2021, at the Wayback Machine.
- ^ O'Brien, Thomas F. (1999). The Century of U.S. Capitalism in Latin America. UNM Press. pp. 105–106. ISBN 9780826319968. Archived from the original on April 18, 2024. Retrieved October 29, 2015.
- ^ a b Ciappi, Enrico (2023). "A Reappraisal of the Origins of European Integration: From Wartime Planning to the Schuman Plan". Journal of Contemporary History. 58 (4): 676–696. doi:10.1177/00220094231200453. ISSN 0022-0094. S2CID 262030757. Archived from the original on April 18, 2024. Retrieved October 6, 2023.
- ^ Rothbard, Murray, Why the War? The Kuwait Connection Archived February 5, 2016, at the Wayback Machine (May 1991)
- ^ Scrutiny by NYT over the Shah of Iran – David Rockefeller, Memoirs (pp. 356–75)
- ^ Carter, Jimmy (2010). White House Diary. Farrar, Straus and Giroux. p. 312. ISBN 978-1-4299-9065-3. Archived from the original on April 18, 2024. Retrieved December 29, 2020.
MONDAY, APRIL 9 David Rockefeller came in, apparently to induce me to let the shah come to the United States. Rockefeller, Kissinger, and Brzezinski seem to be adopting this as a joint project.
- ^ "Individual Membership" Archived September 17, 2020, at the Wayback Machine CFR.org
- ^ "Corporate Program" (PDF). Archived (PDF) from the original on June 16, 2007. Retrieved February 25, 2007. (330 KB) CFR.org
- ^ "Young Professionals Briefing Series". Archived from the original on November 29, 2023. Retrieved February 7, 2024. (330 KB) CFR.org
- ^ Rietzler, Katharina (2022). "U.S. Foreign Policy Think Tanks and Women's Intellectual Labor, 1920–1950". Diplomatic History. 46 (3): 575–601. doi:10.1093/dh/dhac015. ISSN 0145-2096. Archived from the original on April 18, 2024. Retrieved April 12, 2022.
- ^ "Board of Directors". Council on Foreign Relations. Retrieved July 19, 2025.
- ^ "Charity Navigator". www.charitynavigator.org. Retrieved June 4, 2024.
- ^ Harwood, Richard (October 30, 1993). "Ruling Class Journalists". Washington Post. Archived from the original on June 8, 2023. Retrieved June 5, 2023.
- ^ Parmar, Inderjeet (January 16, 2009). "The Issue of State Power: The Council on Foreign Relations as a Case Study". Journal of American Studies. 29 (1): 73–95. doi:10.1017/S0021875800026177. ISSN 1469-5154.
- ^ "Council on Foreign Relations, the biggest 'influencer' in US foreign policy". Global Affairs and Strategic Studies. Retrieved March 25, 2025.
- ^ a b Haldevang, Max de (October 16, 2019). "Top US think tank criticized for taking $12 million from a Russia-tied oligarch". Quartz. Archived from the original on August 4, 2023. Retrieved August 4, 2023.
- ^ Friedman, Dan. "A Soviet-born billionaire is buying influence at US institutions. Anti-corruption activists are worried". Mother Jones. Archived from the original on September 20, 2021. Retrieved September 20, 2021.
- ^ Hendrickson, David C. (1997). Grose, Peter (ed.). "Inquiring Minds: The Story of the Council on Foreign Relations". Foreign Affairs. 76 (1): 159–162. doi:10.2307/20047918. ISSN 0015-7120. JSTOR 20047918.
- ^ "The American Empire and its Media". Swiss Policy Research. August 16, 2017. Retrieved March 25, 2025.
- ^ "Internationalism/Isolationism: Concepts of American Global Power" (PDF). web.archive.org. Retrieved March 25, 2025.
- ^ "President's Welcome". Council on Foreign Relations. Archived from the original on July 17, 2006. Retrieved February 24, 2007.
- ^ a b Tobin, Harold J. & Bidwell, Percy W. "Publications of the Council on Foreign Relations." Mobilizing Civilian America. Council on Foreign Relations, 1940.
- ^ "Confronting Reality in Cyberspace: Foreign Policy for a Fragmented Internet" Archived August 8, 2022, at the Wayback Machine Council on Foreign Relations, May 2022. Retrieved August 7, 2022.
- ^ "How Should U.S. Cybersecurity Policy Develop?" Archived August 14, 2022, at the Wayback Machine Adam Segal, Council on Foreign Relations, July 14, 2022. Retrieved August 7, 2022.
- ^ "Council on Foreign Relations says U.S. internet policy has failed, urges new approach" Archived August 8, 2022, at the Wayback Machine Ryan Lovelace,The Washington Times, July 15, 2022. Retrieved August 7, 2022. (No. 80 updated: July 2022.)
General and cited sources
[edit]- Shoup, Laurence and Minter, William (1977). Imperial Brain Trust: the Council on Foreign Relations and United States Foreign Policy. New York: Monthly Review Press.
- Parmar, Inderjeet (2004). Think Tanks and Power in Foreign Policy: A Comparative Study of the Role and Influence of the Council on Foreign Relations and the Royal Institute of International Affairs, 1939−1945. London: Palgrave.
- Schulzinger, Robert D. (1984). The Wise Men of Foreign Affairs. New York: Columbia University Press. ISBN 0231055285.
- Wala, Michael (1994). The Council on Foreign Relations and American Foreign Policy in the Early Cold War. Providence, RI: Berghann Books. ISBN 157181003X.
- Grose, Peter (2006). Continuing the Inquiry: the Council on Foreign Relations from 1921 to 1996. New York: Council on Foreign Relations Press.
External links
[edit]- Official website

- Archived website at Library of Congress (2001–2018)
- "Council on Foreign Relations". Internal Revenue Service filings. ProPublica Nonprofit Explorer.
- Council on Foreign Relations Papers at the Seeley G. Mudd Manuscript Library, Princeton University
- "Council on Foreign Relations". File. FBI. August 27, 1931. 62-5256.
Council on Foreign Relations
View on GrokipediaOverview and Mission
Founding Principles and Objectives
The Council on Foreign Relations was established on July 29, 1921, in New York City by a group of prominent Americans seeking to promote informed discourse on U.S. international involvement following World War I.[1] Its foundational purpose, as articulated in its charter, was "to afford a continuous conference on international questions affecting the United States, by bringing together experts on statecraft, finance, industry, education, and science."[2] This objective emerged from dissatisfaction among U.S. delegates to the Paris Peace Conference, who formed inquiry groups to study global affairs and counter growing isolationism in American politics.[1] Elihu Root, a Nobel Peace Prize laureate and former Secretary of State, played a pivotal role as the organization's founding chairman and honorary president from 1921 to 1937, emphasizing that "without good knowledge of international affairs there can be no good intelligent discussion of foreign policy and diplomatic conduct."[1] Core principles included nonpartisanship, independence from government influence, and a commitment to confidential, high-level discussions restricted to U.S. citizens to foster candid exchange among elites in business, law, academia, and diplomacy.[1] The founders, including Edward M. House, John W. Davis (first board president), Paul D. Cravath, and Edwin F. Gay, aimed to elevate the quality of foreign policy debate through study groups, private meetings, and the launch of Foreign Affairs magazine in 1922, which Root helped fund with a $25,000 contribution.[1] These efforts were designed to support multilateral engagement and prepare the U.S. for leadership in world affairs, drawing on expertise to generate policy-relevant insights without advocating specific positions.[2] The objectives extended to public education and direct service to policymakers, particularly during crises, by providing rigorous analysis to inform U.S. engagement with global challenges.[1] While the organization positioned itself as a forum for diverse viewpoints transcending partisan divides, its early focus on internationalism reflected the founders' belief in sustained American involvement abroad to maintain stability and economic interests, as opposed to withdrawal from international institutions like the League of Nations.[1] This framework laid the groundwork for ongoing research and convening activities aimed at enhancing national understanding of foreign policy complexities.[2]Evolution of Stated Goals
The Council on Foreign Relations was established in 1921 with the explicit purpose of affording "a continuous conference on international questions affecting the United States, by bringing together experts on statecraft, finance, industry, education, and science."[2] This founding objective, articulated in its early organizational documents, aimed to counteract post-World War I isolationist tendencies by fostering elite-level discourse among American leaders on global engagement, emphasizing nonpartisan analysis over advocacy.[2] The group's initial focus centered on promoting informed U.S. involvement in international affairs, particularly through study groups and publications like Foreign Affairs, launched in 1922 to disseminate expert insights.[2] By the interwar and World War II eras, the stated goals evolved modestly in emphasis to underscore the necessity of American internationalism, including support for collective security mechanisms and economic reconstruction efforts, as reflected in internal studies like the 1940s War and Peace Studies project, which sought to equip policymakers with rigorous foreign policy recommendations without institutional endorsements. During the Cold War (1947–1991), CFR's objectives retained this core of convening experts for objective analysis but expanded to address containment strategies, alliance-building (e.g., NATO), and ideological competition with the Soviet Union, maintaining a commitment to "adding value to the public debate on international issues" through membership-driven discussions.[9] This period saw no formal reconfiguration of goals but a practical broadening to include decolonization, nuclear proliferation, and economic interdependence, as evidenced in CFR reports influencing U.S. strategies like the Marshall Plan. In the post-Cold War era (1992 onward), stated goals have crystallized around "informing U.S. engagement with the world" via idea generation, expert convening, and public discourse on emergent challenges such as globalization, terrorism, great-power competition, and non-traditional threats like pandemics and climate policy.[2] This iteration, formalized in contemporary mission statements, preserves the nonpartisan ethos while incorporating initiatives for broader outreach, including diversity in international affairs (e.g., the 2007 Project for Diversity) and programming for state/local officials since 2018, to reflect American societal composition and enhance policy relevance.[10] Unlike earlier emphases on bilateral or alliance-focused realism, recent articulations stress adaptive, forward-looking analysis amid multipolarity, though CFR maintains it has "remained true to its founding principles" of expert-driven, position-neutral inquiry.[2] Annual reports through 2024 reaffirm this continuity, prioritizing "policy-relevant ideas" on issues like U.S.-China relations and supply chain resilience without shifting to partisan or prescriptive stances.Historical Development
Origins in the Interwar Period (1918-1939)
The Council on Foreign Relations originated from efforts to inform U.S. foreign policy following World War I, emerging from "The Inquiry," a group of over 100 experts assembled in 1917 by Colonel Edward M. House, advisor to President Woodrow Wilson, to prepare data for the Paris Peace Conference.[1] This initiative reflected a push among American elites for structured analysis of international affairs amid debates over U.S. global engagement.[2] In May 1919, during the Paris Conference, American delegates including House met British counterparts at the Hotel Majestic on May 30, establishing the groundwork for parallel organizations to foster transatlantic dialogue on world order.[1] The American participants returned to New York and formalized the Council on Foreign Relations, incorporated on July 29, 1921, with a charter emphasizing "a continuous conference on international questions affecting the United States."[2] Initial leadership included Elihu Root as honorary president, a former Secretary of State and Nobel Peace Prize recipient who served until 1937; John W. Davis as president; Paul D. Cravath as vice president; and Edwin F. Gay as secretary and treasurer.[1] Early activities focused on countering U.S. isolationism through nonpartisan discussions and publications. In 1922, the Council launched Foreign Affairs magazine, edited by Archibald Cary Coolidge and later Hamilton Fish Armstrong, which by 1923 achieved a circulation of 5,000 and provided a platform for policy analysis.[2] Membership expanded to 391 by 1927, supported by a $100,000 budget from private donors, enabling study groups on diplomacy, economics, and security.[1] The organization hosted speakers such as French Premier Georges Clemenceau in 1922 and produced resources like the Political Handbook of the World starting in 1927.[1] During the 1930s, the Great Depression halved the Council's budget, prompting reliance on member contributions and scaled-back operations, yet it persisted in advocating multilateral approaches amid rising global tensions, including the ascent of fascism in Europe.[1] By 1939, membership reached approximately 600, comprising leaders from finance, law, academia, and government, positioning the Council as a key forum for elite deliberation on interwar challenges.[1]World War II and Early Cold War (1940-1960)
During World War II, the Council on Foreign Relations intensified its collaboration with the U.S. State Department through the War and Peace Studies project, initiated in September 1939 and continuing until 1945. This effort, funded by a $350,000 grant from the Rockefeller Foundation, involved approximately 100 participants organized into five specialized study groups addressing economic, financial, security and armaments, territorial, and political issues.[1] The project produced 682 memoranda and convened 362 meetings, providing confidential policy recommendations to a resource-strapped State Department on topics such as strategic resource allocation, post-war territorial settlements, and the extension of U.S. influence into a "grand area" encompassing the Western Hemisphere, the British Empire, and parts of Eurasia to secure American economic interests.[1][11] Key figures included director Percy W. Bidwell, Allen Dulles leading the armaments group, Isaiah Bowman heading territorial studies, and Owen Lattimore on East Asia, whose inputs influenced decisions like the U.S. occupation of Greenland in 1941 under the Monroe Doctrine to counter Axis threats.[1] The project's outputs directly informed U.S. wartime and transitional policies, including Lend-Lease aid distribution and preparations for international organizations, though the CFR maintained operational independence to avoid governmental constraints on its analyses.[12] By 1942, the initiative incorporated a Peace Aims Group, commending State Department integration for enhanced efficacy, and contributed to foundational planning for the United Nations and post-war economic reconstruction without assuming formal policymaking authority. This period marked the CFR's evolution from interwar discussion forums to a pivotal advisory body, leveraging its membership of business leaders, diplomats, and scholars to bridge private expertise with public policy amid escalating global conflict.[1] In the early Cold War years following 1945, the CFR shifted focus to Soviet containment and European recovery, exemplified by its publication of George F. Kennan's anonymous "The Sources of Soviet Conduct" in the July 1947 issue of Foreign Affairs, which articulated the long-term, patient containment of Soviet expansionism as a core U.S. strategy. This article, drawing on Kennan's State Department experience, influenced the Truman Doctrine and broader anti-communist frameworks, with Foreign Affairs circulation expanding from 19,110 subscribers in 1950 to over 47,000 by 1962 amid heightened demand for such analyses.[1] The CFR hosted dedicated winter programs and study groups on European economic aid, contributing intellectual groundwork for the Marshall Plan announced in June 1947, which allocated $13 billion (equivalent to over $150 billion today) to rebuild Western Europe and counter Soviet influence.[13] Through the 1950s, CFR study groups under chairs like Dwight D. Eisenhower examined nuclear strategy, NATO integration, and decolonization, producing reports that shaped debates on U.S. alliances and deterrence, including Henry Kissinger's 1957 book Nuclear Weapons and Foreign Policy, a bestseller advocating limited nuclear options over massive retaliation.[1] Members such as Dean Acheson and John McCloy held key government roles, facilitating informal channels for policy input, while the organization's nonpartisan structure enabled candid assessments of threats like Soviet atomic advancements in 1949 and the Korean War outbreak in 1950.[1] These activities solidified the CFR's role as an elite convener, prioritizing empirical geopolitical realism over ideological extremes, though critics later noted its alignment with establishment views favoring global engagement.[7]Height of Cold War Influence (1961-1991)
During the Cold War era from 1961 to 1991, the Council on Foreign Relations maintained a pivotal role in U.S. foreign policy formulation through its network of elite members, many of whom transitioned between CFR leadership and key government positions. Under Chairman John J. McCloy until 1970 and David Rockefeller from 1970 to 1985, the organization facilitated private seminars and study groups that analyzed Soviet threats, nuclear deterrence, and alliance management, often aligning with the containment doctrine established post-World War II.[14] Presidents Grayson Kirk (1964–1971) and Bayless Manning (1971–1977) oversaw expanded membership exceeding 2,000 by the mid-1970s, drawing in policymakers, academics, and business leaders to debate strategies amid crises like the Cuban Missile Crisis and the Vietnam escalation.[14] This period marked the CFR's zenith of influence, as its nonpartisan facade masked a consensus favoring robust U.S. global engagement against communism, evidenced by the integration of CFR-generated reports into State Department planning.[7] CFR members dominated advisory and executive roles across administrations, directly shaping Cold War responses. Henry A. Kissinger, a member since 1956 and director from 1977 to 1981, exemplified this as National Security Advisor (1969–1975) and Secretary of State (1973–1977), where he orchestrated détente with the Soviet Union—including the 1972 SALT I treaty limiting strategic arms—and the 1972 Shanghai Communiqué opening relations with China to counterbalance Moscow.[15] [14] Similarly, William P. Bundy, a director from 1964 to 1974, served as Assistant Secretary of State for East Asian and Pacific Affairs (1964–1969), contributing to the Gulf of Tonkin Resolution and escalation decisions that committed over 500,000 U.S. troops by 1968.[14] Cyrus R. Vance, director in 1968–1976 and 1981–1987, advised on Vietnam withdrawal as Deputy Secretary of Defense (1964–1967) before becoming Secretary of State (1977–1980), negotiating the 1979 SALT II treaty amid debates over Soviet expansion in Afghanistan.[14] These rotations underscored the CFR's function as a talent pipeline, with empirical data from its studies—such as projections of Soviet military spending outpacing U.S. budgets by 20% in the 1970s—influencing congressional appropriations for defense exceeding $300 billion annually by the 1980s.[7] The Foreign Affairs journal amplified CFR perspectives, publishing over 200 articles on Cold War topics between 1961 and 1991 that cited verifiable intelligence assessments and economic analyses to advocate multilateral institutions like NATO. Issues from the 1960s, for instance, critiqued isolationism by quantifying the economic costs of Soviet influence in Southeast Asia at $10–15 billion in lost trade, bolstering arguments for intervention.[16] Under Winston Lord as president (1977–1985), the CFR hosted Reagan-era discussions on the Strategic Defense Initiative, with members like George H.W. Bush—a director from 1977 to 1979—later implementing "peace through strength" as vice president and president, correlating with Soviet GDP stagnation at 2% annual growth versus U.S. 3–4% through the 1980s.[14] By 1991, as the USSR dissolved, CFR analyses had shifted toward post-containment frameworks, reflecting causal links between sustained U.S. pressure—fueled by its policy inputs—and the Eastern Bloc's internal collapse, with verifiable metrics like the Warsaw Pact's 40% conventional force reductions under the 1990 CFE Treaty.[7] Critics, including declassified State Department memos, noted the CFR's emphasis on elite consensus sometimes overlooked domestic dissent, yet its outputs consistently drew on primary data from allied intelligence to prioritize geopolitical realism over ideological purity.[17]Post-Cold War and Contemporary Era (1992-2025)
Following the dissolution of the Soviet Union in 1991, the Council on Foreign Relations shifted its analytical focus from superpower containment to emerging challenges including ethnic conflicts, nuclear proliferation, economic globalization, and the integration of former communist states into international institutions.[1] In 1993, under new President Leslie H. Gelb, the organization launched its Independent Task Force program, producing its inaugural report on U.S. policy toward nuclear proliferation, which advocated for strengthened nonproliferation regimes amid post-Cold War uncertainties.[10] Gelb's tenure (1993–2003) emphasized financial stabilization—transforming a $750,000 deficit into a $2 million surplus—and membership expansion, growing the roster by 50% to 3,988 members by 2000 while initiating the Project for Diversity in International Affairs to broaden demographic representation.[1] The mid-1990s saw CFR engage with globalization's implications through initiatives like the 1993 National Program and partnerships such as the one with the Pacific Council on International Policy, fostering regional dialogues on trade and security.[10] Foreign Affairs, edited by James F. Hoge Jr. from 1992 to 2010, published influential pieces including Samuel Huntington's 1993 essay "The Clash of Civilizations?", which posited cultural fault lines as drivers of future conflict, sparking debates on multiculturalism's role in international stability.[10] The Council also hosted foreign leaders, such as Fidel Castro in 1995, to discuss post-Soviet hemispheric relations, reflecting its role in facilitating elite-level exchanges amid U.S. policy shifts toward engagement over isolation.[1] The September 11, 2001, attacks prompted a rapid pivot toward counterterrorism, with CFR establishing task forces on terrorism's root causes and U.S. responses, including analyses of al-Qaeda's global networks.[1] Under President Richard N. Haass (2003–2023), who succeeded Gelb, the organization opened a Washington, DC, office in 2008 to enhance proximity to policymakers, raised $123 million via the "Campaign for the Council," and diversified membership to include 31% women and 18% people of color by 2020.[14] [1] Haass critiqued aspects of the Iraq War execution in 2003, while task force reports influenced debates, such as Gelb's proposed "Three-State Solution" for partitioning Iraq to address sectarian divisions.[1] The 2006 hosting of Iranian President Mahmoud Ahmadinejad drew criticism for platforming adversarial views, underscoring tensions between CFR's nonpartisan dialogue mandate and public perceptions of legitimizing regimes hostile to U.S. interests.[1] In the 2010s, CFR expanded digital outreach with launches like the 2013 Global Conflict Tracker for real-time crisis mapping, the 2016 Model Diplomacy simulations for policy education, and podcasts such as The President's Inbox.[10] Gideon Rose edited Foreign Affairs from 2010 to 2021, overseeing adaptations to online formats amid rising circulation.[10] Task forces addressed great-power competition, including reports on innovation and national security emphasizing U.S. technological edge against rivals like China.[18] Leadership transitioned with David M. Rubenstein assuming the chairmanship in 2017, following co-chairs Carla A. Hills and Robert E. Rubin (2007–2017).[14] The 2020s have centered on multipolar threats, including China's economic assertiveness and Russia's 2022 invasion of Ukraine, with CFR reports like "No Limits?" analyzing the deepening China-Russia quasi-alliance as a challenge to U.S.-led order.[19] Recent CFR expert assessments, such as the Preventive Priorities Survey, identify 2026 as a year of elevated risks for U.S. military involvement, including a high likelihood of direct strikes in Venezuela targeting transnational criminal groups, potentially destabilizing the Maduro government, and contingencies such as a Taiwan Strait crisis with China.[20] The COVID-19 pandemic accelerated virtual programming and public engagement via platforms like Think Global Health.[10] Membership exceeded 5,000 by 2021, incorporating more corporate and international voices, while education initiatives such as World101 courses targeted broader audiences on issues from climate policy to automation's workforce impacts.[1] [1] Michael B.G. Froman succeeded Haass as president in 2023, continuing emphases on preventive action and geoeconomics amid U.S. strategic reorientations.[14] Throughout, CFR's influence persists through nonpartisan analysis, though its elite composition has fueled critiques of alignment with establishment foreign policy consensus over dissenting perspectives.[1]Organizational Structure
Membership Selection and Demographics
Membership selection for the Council on Foreign Relations occurs through an invitation-only process emphasizing nomination by existing members and evaluation by the Board of Directors. Candidates submit an online application, including a curriculum vitae, accompanied by a formal nomination from one current member and seconding letters from two to three (for term membership) or three to four (for life membership) other members; applications are reviewed twice annually, with deadlines on January 10 for term members and March 1 or November 1 for life members, followed by notifications in June or March.[21][22] Eligibility requires United States citizenship or permanent residency with an application for citizenship pending, excluding current visiting fellows; active government officials may join only upon leaving office.[21] The Council distinguishes between life membership, intended for established professionals over age 36 demonstrating substantial expertise in international affairs, and term membership, a five-year appointment for emerging leaders aged 30 to 36 as of January 1 in the application year. Selection criteria prioritize intellectual attainment, professional achievement and experience, commitment to the Council's mission of fostering informed debate on foreign policy, potential to contribute meaningfully to its programs, and peer-recognized standing, with deliberate efforts to ensure quality, diversity, and balance reflective of varied American interests in global issues.[21][22] As of January 2025, the Council maintains over 5,000 individual members, alongside separate corporate memberships for institutions. Geographically, members are concentrated in New York and Washington, D.C., with the remainder distributed across other U.S. regions and abroad, supporting regional programs in 11 additional cities. Professionally, the roster comprises leaders from government (including former officials), academia and scholarship, business and finance, journalism, law, and nonprofit sectors, forming a network unmatched in collective experience on foreign policy matters. In fiscal year 2024, the Council elected 195 new term members, its largest cohort and noted for enhanced diversity in backgrounds and perspectives.[22][23][24]Leadership and Governance
The governance of the Council on Foreign Relations is vested in its Board of Directors, which holds ultimate authority over strategic direction, policy, and operations, subject to the organization's bylaws adopted in 1921 and amended periodically. The Board comprises up to 36 directors, including the President as an ex officio member, organized into five classes of seven directors each to facilitate staggered terms. Directors must be members of the Council and are elected by a majority vote of the membership at large during the annual election held in New York City, with nominations proposed by the Nominating and Governance Committee; a quorum requires one-third of voting members. Terms last five years, starting July 1 following election, with directors limited to one consecutive full term after serving three or more years of any term; vacancies are filled by Board appointment until the next annual election.[25] Officers, including the Chairman of the Board, Vice Chairmen, President (who serves as chief executive officer), Vice Presidents, Secretary, and Treasurer, are elected by the Board, with the Chairman serving a five-year term (renewable once) and other officers elected annually. The Chairman presides over Board meetings and represents the organization externally, while the President manages daily operations, supported by Vice Presidents in their absence; the Treasurer oversees financial management, and the Secretary maintains records. An interim Chairman or Vice Chairman may be appointed for up to 12 months during transitions. Attendance requirements stipulate that directors failing to attend at least two-thirds of Board and assigned committee meetings over two consecutive years may be deemed to have resigned at the Chairman's discretion.[25] As of 2025, David M. Rubenstein, co-founder and co-chairman of The Carlyle Group, serves as Chairman, having been elected to the position on June 16, 2017. Vice Chairmen include Blair W. Effron, co-founder of Centerview Partners, and Jami Miscik, senior advisor at Lazard Geopolitical Advisory. Michael Froman, former U.S. Trade Representative under President Barack Obama and subsequent vice chairman at Mastercard, was appointed President on March 1, 2023, succeeding Richard Haass and assuming duties on July 1, 2023. The Board's current composition, exceeding 40 members when including officers and active directors, features prominent figures from finance, business, media, and policy, such as Citi CEO Jane Fraser, Alphabet's Ruth Porat, and Lockheed Martin CEO James D. Taiclet, reflecting a network of established elites in these sectors.[26][27][28] The Board delegates operational oversight through standing committees, including the Executive Committee (comprising the Chairman and Vice Chairmen, empowered to act on Board authority between meetings), Finance and Budget, Investment, Audit, Compensation, Nominating and Governance, and program-specific groups like Meetings, Membership, and Studies. Committees typically include at least three Board members and may co-opt non-directors for expertise; for instance, the Development Committee has up to 10 members to manage fundraising. The Board retains disciplinary powers, including unanimous votes to suspend or terminate members for conduct deemed prejudicial to the Council's interests. Annual meetings of members review activities, elect directors, and ensure accountability.[25]Operational Framework
The Council on Foreign Relations (CFR) functions as an independent, nonpartisan membership organization and think tank, emphasizing research, expert convenings, and publications to inform discourse on U.S. foreign policy and international relations without adopting official positions on specific policies.[2] This operational model relies on a headquarters at the Harold Pratt House in New York City, where staff coordinate activities including the production of reports, backgrounders, and analyses through the David Rockefeller Studies Program, which comprises over 70 full-time, visiting, and adjunct fellows dedicated to scholarly inquiry.[29] Thematic centers and programs—such as those on Asia, Africa, preventive action, and digital policy—organize research efforts, enabling focused studies on regional and functional issues while maintaining institutional neutrality.[30] Daily operations are directed by the President, who holds ultimate responsibility for strategic execution, assisted by an Executive Vice President and Chief Administrative Officer overseeing administrative functions and a Senior Vice President directing studies and research initiatives.[31] The editing of Foreign Affairs, the organization's flagship quarterly journal established in 1922, falls under a dedicated editor who ensures publication of diverse viewpoints from scholars and practitioners.[31] Internal decision-making prioritizes empirical analysis and first-principles evaluation of global challenges, with staff roles emphasizing rigorous, evidence-based output over advocacy, though the framework's emphasis on elite membership has drawn scrutiny for potentially skewing toward establishment perspectives despite formal independence.[2] A core element of the operational framework is a set of binding rules and practices to safeguard candid exchange and ethical conduct. The CFR maintains no institutional stance on foreign policy matters, as formalized in a 1973 board resolution prohibiting any representative from speaking on its behalf in this domain.[32] Meetings, which form a primary activity for fostering debate among members and experts, adhere to a non-attribution policy—adopted in 1977 and revised in 1994 and 2015—ensuring statements remain off-the-record unless an officer announces otherwise, thereby encouraging unfiltered discussion.[32] Guidelines from a 1972 resolution direct chairs to promote open debate and respect all viewpoints, while a code of conduct mandates courtesy at events, bans harassment, and permits member suspension for behavior prejudicial to the organization's interests under bylaw provisions.[32] Conflicts of interest are addressed through mandatory disclosures for staff and board members involved in financial transactions, with reviews conducted by independent directors or the audit committee to ensure fairness, as updated in policies from 2015 and 2018.[32] Archival operations preserve institutional records, granting access to materials over 25 years old at Princeton University's Seeley G. Mudd Manuscript Library under non-attribution conditions since 1999.[32] This structure supports the CFR's role as a convener for policymakers, business leaders, and academics, generating outputs like independent task force reports that influence but do not dictate public or governmental decisions.[2]Funding and Resources
Revenue Sources and Donors
The Council on Foreign Relations (CFR) derives its revenue from a diversified portfolio including endowment distributions, philanthropic contributions, membership dues, and earned income from publications and events. In fiscal year 2024, CFR reported total revenue of $90.6 million.[33] Endowment draws constituted the largest share at 29%, drawn from an endowment valued at approximately $670 million as of the 2025 fiscal year end.[34] Philanthropic gifts and grants accounted for 35% collectively, encompassing unrestricted annual fund contributions (18%), foundation grants (5%), other restricted grants (11%), and corporate restricted grants (1%).[33] Membership dues contributed 18%, split between individual members (11%) and corporate members (7%), while Foreign Affairs magazine generated 13% through subscriptions, advertising, and sponsorships.[33] Remaining sources included investment management draws (1%), rental income, and miscellaneous fees (3%).[33]| Revenue Category | Percentage (FY24) | Approximate Amount (based on $90.6M total) |
|---|---|---|
| Endowment Draw | 29% | $26.3M |
| Unrestricted Gifts (Annual Fund) | 18% | $16.3M |
| Individual Member Dues | 11% | $10.0M |
| Foreign Affairs | 13% | $11.8M |
| Corporate Member Dues & Related | 7% | $6.3M |
| Foundation Grants (Restricted) | 5% | $4.5M |
| Other Grants (Restricted) | 11% | $10.0M |
| Corporate Grants (Restricted) | 1% | $0.9M |
| Investment & Miscellaneous | 5% | $4.5M |