Funding the Left
The July 2006 issue of In These Times magazine carries an enlightening and overdue article about how the Left is funded, or not. The New Funding Heresies, written by Senior Editor Christopher Hayes, focuses on the relatively new group of very wealthy liberal and progressive funders called the Democracy Alliance. This group of close to one hundred donors has pledged to individually donate a minimum of $1 million over five years to organizations chosen from a docket that is vetted by the staff and board of the Alliance. In addition, each Democracy Alliance donor pays a $25,000 entry fee and annual dues of $30,000 to cover the operating expenses of the Alliance according to the article.