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The Henry Hazlitt Foundation was created in 1996 by Chris Whitten to support Free-Market.Net, which was originally started in 1995 as a for-profit company.
The 501(c)3 non-profit itself was a rebirth of the former Free Market Society of Chicago. Many of the board members of the Free Market Society stayed on as members of the board of the Hazlitt Foundation.
The organization grew to include a half-dozen full-time employees and more than a dozen free-lance and part-time employees.
In 2001, Chris retired to do for-profit work. He started WikiAnswers.com and this site, WikiTree.com. Louis James became the new president of the Hazlitt Foundation.
In 2002, The Henry Hazlitt Foundation folded. Its assets were distributed to other organizations.
- Free-Market.Net went to the International Society for Individual Liberty (ISIL) and was eventually absorbed into their website.
- Bureaucrash became an independent organization, but was later folded into the Competitive Enterprise Institute (CEI).
- iFeminists.com became a division of the Independent Institute.
- Libertarian.org went to the Institute for Humane Studies (IHS).
- The special project sites UnitedHeroes.com and MomentofSilence.org went to independent owners.
For what remains of its archive, see Hazlitt.org
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