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Type | Global policy think tank |
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Founded | 1948 |
Headquarters | Santa Monica, California |
Origins | United States Army Air Forces, Project RAND |
Key people | Michael D. Rich |
Area served | Predominantly United States of America |
Focus | Policy Analysis |
Revenue | $252.87 million (FY11)[1] |
Employees | 1,700 |
Motto | "To help improve policy and decisionmaking through research and analysis." |
Website | www.rand.org |
The RAND Corporation is a nonprofit global policy think tank first formed to offer research and analysis to the United States Armed Forces.[2] The RAND was started in 1946 inside the Douglas Aircraft Company. It was set up as an independent corporation in 1948.[3] The name was taken from R&D (research and development), though in fact it did no development.[3]