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Most of its assets comefrom direct grants from the Romneys or from Romney-owned stocks and other holdings. Until the most recent 2010 tax disclosure, the Tyler foundation had previously provided detailed lists of stock holdings the Romneys had bought and sold to increase the charity's funds. Earlier this year, an AP review of earlier Tyler holdings showed that some investments included companies whose interests conflicted with GOP positions
-- including firms tied to the Chinese government, companies that did business in Iran and firms working in stem cell research. Romney had earlier declared that the blind trust lawyer overseeing Tyler's finances would end such investments. A trust official indicated those investments are being eliminated, but the most recent tax filing does not include details of any specific investments and lists only total holdings. Most of the Romneys' monetary gifts have gone to non-political causes, including more than $4.7 million to the Mormon Church, reflecting the family's faith, and hundreds of thousands more to research on cancer and multiple sclerosis (which afflicts his wife, Ann); academics (Harvard Business School and Brigham Young University) and athletics (a variety of Olympic and other sports groups). Between 1999 and 2004, the Romneys' giving went almost exclusively to non-political charities. Their gifts helped Boston and Massachusetts-based charities aiding education programs, deprived children and the homeless
-- although one $5,000 contribution to an AIDS relief group in 2004 was later criticized by conservative activists for supporting a gay rights agenda. In 2005, around the time that Romney started laying plans for his first presidential campaign, Romney suddenly began directing contributions to influential conservative groups and programs. Late that year, Romney gave $25,000 to the Heritage Foundation and a similar sized donation to the Federalist Society. Tyler records show the Romney charity gave the groups $10,000 donations again the next year. Both organizations are conservative think tanks that often act as incubators for the development of the GOP's political, legal and cultural ideas. Their boards include top names among conservative leaders and thinkers. Heritage trustees and managers include Steve Forbes, businessman Richard Mellon Scaife, former Reagan Attorney General Edwin Meese III and former Bush administration counsel David Addington. Federalist directors include Meese, former Bush Attorney General Michael B. Mukasey and C. Boyden Gray, former counsel to President George H.W. Bush. John Van Kannon, vice president of development at Heritage, said the organization does not make presidential endorsements, but he praised Romney for his gift. "We did not solicit his check, but we certainly appreciated it," he said. Van Kannon said he could not speculate on Romney's motivation, noting: "I would like to hope that no one who runs for president does things for calculation, but on the other hand I live in Washington." Heritage health care experts developed an early relationship with Romney during his term as governor, providing analysis as his administration developed its health care plan for Massachusetts, Van Kannon said. Romney spoke about his plan during a 2006 presentation and later invited Heritage experts to a signing ceremony. Heritage's experts supported rules mandating that all state residents had to buy health care coverage, but Van Kannon said they now consider mandates to be bad policy and oppose them as part of the Obama administration's health care law. "We're proud of our work with Gov. Romney on health care but we've changed our views on mandates," Van Kannon said. The Federalist Society does not endorse candidates. Officials there did not return calls from The Associated Press. Former Nixon administration official Robert Bork, who is on the Federalist Society's board of visitors, is a policy adviser to Romney's campaign. Similarly, the executive director at the Becket Fund, Kristina Arriaga, said Romney's 2008 donation of $25,000 would not result in his political endorsement. "We specialize only in religious liberty not politics," Arriaga said. Romney's donations also won favor among several Massachusetts conservative groups that worked with him when he was governor. Barbara Anderson, executive director of Citizens for Limited Taxation, said Romney's $10,000 check came "out of the blue" in 2007. The group also does not endorse candidates. Anderson said that despite Romney's financial help, she is personally uncertain whom she will vote for. "I keep leaning toward him but I'm still on the fence," Anderson said. "He helped our cause a lot but as important as tax policy is, there's more to a presidential candidate that I have to consider. Whatever I decide, it won't be because he gave us $10,000."
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