May 11, 2001
WASHINGTON, May 11, 2001-Steve Forbes, president and chief executive officer of Forbes Inc., has been named to the Board of Trustees of The Heritage Foundation, a prominent Washington-based think tank.
A former presidential candidate, Forbes has carved out a distinguished career as both a business executive and a journalist. The head of Forbes Inc. since 1990, he has launched several new ventures, including Forbes.com and successful supplements to-and foreign editions of-the company's flagship publication, FORBES magazine. He also chairs the company's subsidiary, AMERICAN HERITAGE, and is editor-in chief of FORBES magazine.
Long active in public affairs, Forbes served as chairman of the bipartisan Board of International Broadcasting, which oversaw Radio Free Europe and Radio Liberty, from 1985 to 1993. He is a past chairman of the Board of Directors for Empower America and was Honorary Chairman of Americans for Hope, Growth and Opportunity. He also serves as a Trustee of Princeton University (his alma mater) and on numerous other boards.
"Steve Forbes' experience in business, in communications and in civic life will prove invaluable in helping Heritage promote its message of limited government and individual freedom," said Edwin J. Feulner, the think tank's president. "Our mission-to build an America where freedom, opportunity, prosperity and civil society flourish-is demonstrably his mission as well. We're very pleased that he will be joining his talents and dedication with ours."
With more than 200,000 individual, foundation and corporate supporters, The Heritage Foundation is the most broadly supported public policy research institute in the country. The foundation currently has a staff of 185 and an annual budget of $30 million.