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Center for Independent Thought

Public charity · Grantmaker Bala Cynwyd, PA EIN: 52-0945376 Website

Center for Independent Thought seeks to expand awareness of individual liberty, free markets,and peace. Cit works with teachers, scholars, and free-market organizations to develop critical thinking and bring the ideas of liberty to freedom-loving people around the globe.

Center for Independent Thought at a glance

In short: Center for Independent Thought gave $1.1M across 2 grants in 2024 (avg $538K), mostly in New Hampshire. Source: 2024 IRS Form 990.

Annual giving (2024)
$1,075,910
+169.0% vs 2023
Grants made (2024)
2
+0.0% vs 2023
Average grant
$537,955
+169.0% vs 2023
Median grant
$537,955
Total assets
$6,520,025
+8.0% vs 2023
Primary geography
New Hampshire (91% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

How to apply to Center for Independent Thought

Who Center for Independent Thought funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Ludlow Institute: $976KLudlow Institute$976KCato Institute: $100KCato Institute$100K

The largest 2024 recipient was Ludlow Institute ($976K). Together the top 2 received $1.1M.

Grant Size Distribution

8 grants across all recorded years

<$50K$50–100K6$100–250K1$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 6 grants of 8 (75%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

WashingtonArlington HeightsEpping

How Center for Independent Thought gives

  • Giving grew 438% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M1 grant2020 1 grant2021 2 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $100K (2020) to $1.1M (2024). In 2024 it made 2 grants totaling $1.1M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Ludlow Institute Epping, NHNBTV$975,910
Cato Institute Washington, DCGeneral Operations$100,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$6,520,025$3,051,775$3,490,078$1,075,9102$182,872
2023$6,038,576$3,236,440$2,468,010$400,0002$168,127
2022$5,246,017$2,865,388$2,136,743$200,0002$1,709
2021$4,717,813$3,704,042$1,798,233$200,0001$42,747
2020$2,830,985$1,722,211$1,122,614$100,0001$44,798

About Center for Independent Thought

Based on IRS filings

Center for Independent Thought is a public charity focused on Social Science, based in Bala Cynwyd, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 2 grants totaling $1.1M. Net investment income was $183K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Center for Independent Thought is led by Robert Schimenz, President on every filing since 2020; 1 of 6 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Robert Schimenz

    President

    On filings since 2020

    40 hrs/week

    $79K (2020) → $111K (2024)

  • Howard Rich

    Chairman

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Stossel

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Ricci

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Scott Barbee

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Anita Anderson

    Secretary

    Director → Secretary, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: David Boaz (2020–2023) — Vice President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Robert Schimenz — President: $111KRobert SchimenzPresident$111K

The highest reported compensation on the 2024 filing was $111K, to Robert Schimenz (President).

Frequently asked questions about Center for Independent Thought

How much does Center for Independent Thought give each year?

Center for Independent Thought gave $1.1M across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $400K across 2 grants.

How large is Center for Independent Thought?

Center for Independent Thought reported $6.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.1M.

What is Center for Independent Thought?

Center for Independent Thought is a public charity focused on Social Science, based in Bala Cynwyd, PA. It holds $6.5M in total assets as of 2024.

Where does Center for Independent Thought operate?

Center for Independent Thought has awarded grants in District of Columbia, Illinois, New Hampshire.

What is Center for Independent Thought's EIN?

Center for Independent Thought's EIN (Employer Identification Number) is 52-0945376. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 11, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 10, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS September 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS June 26, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The Roger and Susan Stone Family Foundation’s 2023 grants were for general charitable purposes, with nearly all funding going to a Pennsylvania recipient; it is marked as a final return and appears to have stopped grantmaking. Its two 2023 grants totaled about $15.9 million, but this unusually large total does not indicate a typical grant size. It funds only preselected organizations and does not accept unsolicited requests.

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The Armstrong Foundation funds tax-exempt organizations advancing constitutional government and freedoms, especially education about free enterprise, limited government, and American ideals. Its 2024 grants ranged from $830 to $45,000, with a median of $17,500, and went mainly to organizations in Virginia and Washington, D.C., as well as other states. It accepts unsolicited proposals year-round through its website.

Assets

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The Chase Foundation of Virginia

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Philanthropy, Voluntarism & Grantmaking

Assets

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Total Given

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Center for Independent Thought's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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