Trustees

Thomas E. Beach
Beach Investment Counsel Inc
West Conshohocken, PA

Baron Bond
Foundation Group
Timonium, MD

Drew Carey
Los Angeles, CA

Joan Carter
UM Holdings, Ltd.
Haddonfield, NJ

Jim Caruso
Flying Dog Brewery
Frederick, MD

Derwood S. Chase, Jr.,
Chase Investment Counsel Corporation
Charlottesville, VA

Peter P. Copses
Los Angeles, CA

James R. Curley
Financial Consortium International, LLC
Chicago, IL

Richard. J. Dennis
C&D Commodities, Inc.
Chicago, IL

William Dunn
Chairman Emeritus
DUNN Capital Management
Stuart, FL

Dr. Peter Farrell
ResMed
San Diego, CA

David Fleming
Senior Advisor, California State Senate
Van Nuys, CA

Hon. C. Boyden Gray

James D. Jameson
Rancho Santa Fe, CA

Manuel S. Klausner
Law Offices of Manuel S. Klausner, PC
Los Angeles, CA

David H. Koch
Koch Industries
New York, NY

James Lintott
Sterling Foundation Management, LLC
Great Falls, VA

Stephen Modzelewski
Chairman
Maple Engine, L.P.
Princeton, NJ

David Nott
Reason Foundation
Los Angeles, CA

George F. Ohrstrom
New York, NY

Robert W. Poole, Jr.
Reason Foundation
Los Angeles, CA

Carol Sanders
San Diego, CA

Richard A. Wallace
Santa Ana, CA

Kerry Welsh (retired)
WelCom Products Inc.
Torrance, CA

Fred Young
Former Owner, Young Radiator Company
Racine, WI

Frank Bond
Trustee Emeritus
Timonium, MD

Vernon L. Smith
Trustee Emeritus
Chapman University
Orange, CA

Harry E. Teasley, Jr.
Chairman Emeritus
Tampa, FL

Walter E. Williams
Trustee Emeritus
George Mason University
Fairfax, VA

Officers

Stephen Modzelewski
Chairman of the Board

Robert W. Poole, Jr.
Founder

David Nott
President

Jon Graff
Secretary and Treasurer

Mike Alissi
Vice President, Operations

Nick Gillespie
Vice President, Online

Adrian Moore
Vice President, Policy

Julian Morris
Vice President, Research

Katherine Mangu-Ward
Vice President, Magazine