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Unitarian
Universalist Veatch Program at Shelter Rock
A fund of a church not
required to file IRS Form 990 reports: its grants have no
transparency whatsoever.
48 Shelter Rock
Road
Manhasset, New York 11030
Phone: 516-627-6576
Fax: 516-627-6596
Email:
jan@veatch.org
Website:
http://www.uucsr.org/veatch
Description: An oil
and gas fortune bequeathed
by Caroline Veatch to her church, the Unitarian Universalist
Congregation at Shelter Rock. The money came from
her husband, Dr. Arthur Clifford Veatch,
a noted geologist who
owned royalty rights.
Caroline arranged for the Shelter Rock Society
to receive a percentage of the proceeds
from the production of oil and natural gas in the OEG Concession in the
North German Plain.
The Veatch Program uses its oil and gas royalties to fund
anti-corporate, anti-capitalist organizations and projects. The
Veatch Program funded the creation of the
Institute for
Agriculture and Trade Policy
in 1986. It funded efforts to destroy the
wise use movement during the early 1990s. It is part of the
anti-capitalist International Forum on Globalization and
Funders
Network on Trade and Globalization.
The
Unitarian Universalist Veatch Program
is not required to release any financial information because
it is a church.
Revenue and Expenses: Fiscal Year Ending December 31,
2000
|
Revenue |
|
Expenses |
|
Contributions |
$ |
|
Government Grants |
$0 |
|
Program Services |
$0 |
|
Investments |
$ |
|
Special Events |
$0 |
|
Sales |
$0 |
|
Other |
$ |
|
|
|
Program Services |
$ |
|
Administration |
$ |
|
Other |
$ |
|
Total Expenditures |
$ |
| |
|
|
Total Assets |
$30,560,890
|
|
|
Total Revenue |
$ |
|
NET GAIN/LOSS |
$ |
|
|
|
The
Unitarian Universalist Veatch Program
is governed by a 10 person
Board of
Governors elected to 4-year terms by members of the
Unitarian Universalist Congregation at Shelter Rock.
Governors for 2001-2002:
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Marjorie
Fine,
executive director
Took position in 1993
This
job has been a springboard to bigger things for two previous
executive directors: Joshua
Reichert (1987-1988),
who went on to become environment program director of the
Pew
Charitable Trusts; and Barbara Dudley (1988-1992),
who went on to head
Greenpeace USA.
Sample of recent grants given by the Veatch Program:
Recipient
Name:
Institute for Agriculture and Trade Policy
Amount: $125,000
Year Authorized: 2000
Recipient
Name: Western Organization of Resource Councils
Amount: $120,000
Year Authorized: 1999
Recipient
Name: Tides Foundation &
Tides Center
Amount: $20,000
Year Authorized: 1999
Recipient
Name: Western Organization of Resource Councils
Abstract: To strengthen and support grassroots
organizing to counter the "Wise Use" movement in the Rocky Mountain
and Great Plains regions.
Amount: $35,000
Year Authorized: 1993
Recipient
Name:
The Tides
Foundation, Military Toxics Project
Abstract: To unite activists, peace and
environmental organizations, communities, and veterans to protect
public health and the environment from pollution generated by the
U.S. military, and to advance the transition to a sustainable
peacetime economy.
Amount: $50,000
Year Authorized: 1995
Recipient
Name: National Toxics Campaign Fund
Amount: $100,000
Year Authorized: 1993
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