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#The [[Ford Foundation]] was not investigated.}}
#The [[Ford Foundation]] was not investigated.}}
A suggestion the Cox Committee report brought up was a potential investigation of foundations who used their privileges for the purpose of tax evasion.<ref name=libertyuniversity/> This would be investigated later in 1962 by the [[Select Committee on Small Business]] under [[liberal]] Texas representative [[Wright Patman]] (known as the '''[[Patman Committee]]'''). Reece did not focus on this aspect, instead prioritizing a scrutiny of [[subversion]]. He stated during an extensive House speech:<ref name=libertyuniversity/>
A suggestion the Cox Committee report brought up was a potential investigation of foundations who used their privileges for the purpose of tax evasion:<ref name=libertyuniversity/><ref>''Final Report'', p. 13. Retrieved October 4, 2021.</ref>
{{quotebox|The committee regards questions 11 and 12 as matters for the consideration of the Committee on Ways and Means. It therefore has made no attempt to find the answers to these questions. We feel the questions are of sufficient importance to warrant inquiry.
...
We respectfully suggest that the [Committee on Ways and Means] reexamine pertinent tax laws, to the end that they may be so drawn as to encourage the free-enterprise system with its rewards from which private individuals may make gifts to these meritorious institutions.}}
This would be investigated later in 1962 by the [[Select Committee on Small Business]] under [[liberal]] Texas representative [[Wright Patman]] (known as the '''[[Patman Committee]]'''). Reece did not focus on this aspect, instead prioritizing a scrutiny of [[subversion]]. He stated during an extensive House speech:<ref name=libertyuniversity/>
{{cquote|Some of these activities and some of these institutions support efforts to overthrow our Government and to undermine our American way of life.
{{cquote|Some of these activities and some of these institutions support efforts to overthrow our Government and to undermine our American way of life.