Source of Funding
The NED receives an annual appropriation from the U.S. budget (it is included in the chapter of the Department of State budget destined for the U.S. Agency for International Development-USAID) and is subject to congressional oversight even as a non-governmental organization. In the financial year to the end of September 2009 NED had an income of $135.5 million, nearly all of which came from U.S Government agencies.
The NED has received funding from foundations, such as the Smith Richardson Foundation, the John M. Olin Foundation, and others. The Bradley Foundation supported the Journal of Democracy with $1.5 million during 1990–2008.
Read more about this topic: National Endowment For Democracy
Famous quotes containing the words source of and/or source:
“A comfortable house is a great source of happiness. It ranks immediately after health and a good conscience.”
—Sydney Smith (1771–1845)
“We are constantly railing against the passions; we ascribe to them all of man’s afflictions, and we forget that they are also the source of all his pleasures.”
—Denis Diderot (1713–1784)