Funding Sources

The Council on Foreign Relations (CFR) is an independent, nonpartisan membership organization, think tank, and publisher dedicated to being a resource for its members, government officials, business executives, journalists, educators and students, civic and religious leaders, and other interested citizens in order to help them better understand the world and the foreign policy choices facing the United States and other countries.

One way CFR maintains its independence is through a diversity of funding sources. These include member dues; annual giving by members (in recent years, over one-third of CFR members have chosen to participate); corporate memberships; Foreign Affairs magazine (subscriptions, advertising, events); grants from foundations, corporations, and individuals; investment returns from its endowment; and rental income from outside use of CFR's New York and Washington facilities.

Funding Sources for CFR as a Whole

The breakdown of sources for CFR’s $81 million annual revenue is as follows (FY23 data).

Gifts and Grants
Annual Fund and other unrestricted gifts 16%
Foundation grants (restricted) 5%
Corporate grants (restricted) 1%
Other grants (restricted) 9%
Endowment Draw 31%
Investment Management draw 2%
Foreign Affairs 14%
Dues: individual members (unrestricted) 11%
Dues and related income: Corporate members (unrestricted) 8%
Rental income and miscellaneous 3%

Note: "Unrestricted" funds can be used for any purpose across the organization. "Restricted" funds must be used to support a particular purpose or project.

Funding Sources for the David Rockefeller Studies Program

The breakdown of the $16.5 million support specifically for the David Rockefeller Studies Program(CFR’s “think tank”) is as follows (FY23 data):

Gifts and Grants
Foundation Grants (restricted) 19%
Corporate Grants (restricted) 5%
Other grants (restricted) 14%
Endowment Draw 63%


More Information About CFR’s Funding Policies

  • CFR is committed to independent, nonpartisan research and scholarship. The institution takes no positions on matters of policy. There is a wide range of views to be found on our website, from our scholars, in our meetings and conferences, and in the pages of Foreign Affairs.
  • CFR has longstanding funding policies in place to ensure its intellectual independence and integrity. Donors may not direct the outcome of any research or event, and those who fund chairs are not involved in the selection of scholars to fill those posts. CFR does not accept funding from corporations for individual research projects. Additionally CFR has strict conflict-of-interest policies in place for its directors, officers, and scholars.
  • CFR does not accept funding from foreign governments, nor does it accept grants or membership from entities that are majority-owned or controlled by foreign governments. The organization also does not accept money from the U.S. government except to cover some of the costs of up to six visiting fellows each year who are employees of the U.S. government and spend an academic year at CFR’s New York office.
  • Foreign Affairs magazine accepts advertising and sponsorship from corporations and governments. All advertising and sponsorship is clearly identified; advertisers and sponsors have no influence over editorial decisions or articles appearing in the magazine. Foreign Affairs is also editorially independent from CFR.
  • CFR is a registered 501(c)3 charitable organization and all contributions are fully deductible within the limits of the law. A full list of donors is published each year in conjunction with CFR’s annual report. CFR’s IRS Form 990 is available here

Ways to Donate

We make it easy to donate to support CFR's mission.

How to Give

Thank you for your interest in supporting the Council on Foreign Relations. Your tax-deductible contribution to the Annual Fund will help support CFR’s broad range of activities, including the work of fellows in its distinguished think tank, its award-winning website, and its Washington Program, which serves as a resource for policymakers from the White House to Capitol Hill.

Your gift to CFR will help ensure its availability as a trusted resource for policymakers, the media, and others who care about foreign policy and international relations.

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As an alternative, you may call the Development Office at 212.434.9462 to provide your information by phone.


Checks should be made payable to the Council on Foreign Relations. In the memo portion of the check, please note the purpose for which the funds are being given.

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Development Office
Council on Foreign Relations
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New York, NY 10065

Stock or Mutual Fund Transfer

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Wire Transfer

Funds may be wire transferred to the Council on Foreign Relations’ bank account. Please notify us that the transfer of funds has been made, indicating the date and amount of the transfer and the purpose for which the funds are being given. There is a $1,000 minimum for wire transfers.

Please email [email protected] for wire transfer instructions.