The Fraser Institute received $4.3 million in foreign funding over 10 years from billionaire U.S. donors, beginning in the early 2000s. More than half (approximately $2.7 million) of the total foreign funding came from the Eli Lilly and Co. Foundation, a charitable arm of pharmaceutical giant Eli Lilly. According to the U.S.-based Center for Media and Democracy — an organization that tracks corporations’ PR campaigns and identifies corporate front groups — between 1995 and 2014 the Fraser Institute received over $1 million from the Charles G. Koch Charitable Foundation, and $400,000 from the Searle Freedom Trust, a private foundation founded with wealth from G.D. Searle pharmaceuticals (now part of Pfizer, another pharma giant).
How Billionaires and Big Pharma Battled Canada’s National Drug Plan
Source: The Tyee | Published: 4/4/2019