Ed Snider

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Ed Snider was the founder, co-chair (with his wife), and biggest donor to the Snider Foundation. He passed away in April 2016.[1] [2]

He also founded the Sol C. Snider Entrepreneurial Research Center in his father's name at Wharton, and the Ed Snider Youth Hockey Foundation in 2005, which serves at-risk urban youth in Philadelphia and Camden. [3]

Activities

Dealings with Koch brothers

Snider teamed up with billionaire Charles Koch in 2014 to give $5 million to the University of Maryland's business school for the Ed Snider Center for Enterprise and Markets. According to Ade Adeniji from Inside Philanthropy, 'That gift, like the higher ed gifts that Koch makes all the time, is aimed at advancing free market ideals on campus.'

Counterjihad funder

Snider's foundation gave USD $400,000 to the anti-Muslim David Horowitz Freedom Center between 2011 and 2014.[4] The Clarion Fund was another grant recipient, receiving $17,500 between 2013-2014, as was the Middle East Forum, which received $10,000 in 2012.

Ayn Rand Institute and Atlas Shrugged backer

In the 1980s, Snider put down founding money to help establish the Ayn Rand Institute. Snider also earned an executive producer credit on Atlas Shrugged Part I, a film version of Rand's best known work. According to Snider, he had a 'love affair' with Atlas Shrugged for 50 years because it is the 'only book that provides a moral defense of capitalism.' [3]

References

  1. ED SNIDER BIOGRAPHY: CHAIRMAN, COMCAST SPECTACOR AND FOUNDER, PHILADELPHIA FLYERS, Comcast, 11 April 2016. Accessed 18 October 2016.
  2. Ed Snider passes away, Jewish Exponent, 11 April 2016. Accessed 18 October 2016.
  3. 3.0 3.1 Ade Adeniji, Ayn Rand acolytes have a friend in this Philly philanthropist, Inside Philanthropy, 14 November 2014. Accessed 18 October 2016. Cite error: Invalid <ref> tag; name "rand" defined multiple times with different content
  4. Spinwatch analysis of Snider Foundation 990s, 2011-2014