While some outlets did briefly describe the Asia Foundation as being an alleged Central Intelligence Agency conduit, the charges were typically vague and largely circumstantial. None of the archived reports specifically tied it to Agency funds until March 21, 1967 when TAF announced it in a limited hangout”, a technique used when the Agency “can no longer rely on a phony cover story to misinform the public, they resort to admitting some of the truth while still managing to withhold the key and damaging facts in the case.”

The Asia Foundation is, on the surface, a private non-profit that contributes to the development of Asia, including donating millions of books. In reality, since it was created by Central Intelligence Agency in 1951, TAF has engaged in a decades long campaign to misrepresent its origins, purpose and funding.

To accomplish its mission, the Central Intelligence Agency will undertake missions utilizing assets, agents, and officers under official and nonofficial covers. When these missions require the use of an organization, the Agency will resort to the use of proprietary companies and organizations as a means of maintaining cover or accomplishing goals that the U.S. Government isn’t able to openly support. Eventually, the Agency has to terminate these proprietaries. The story of how that happens is where things get interesting.