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:
“By poeticizing love, we imagine in those we love virtues that they often do not possess; this then becomes the source of constant mistakes and constant distress.”
—Anton Pavlovich Chekhov (18601904)
“If, for instance, they have heard something from the postman, they attribute it to a semi-official statement; if they have fallen into conversation with a stranger at a bar, they can conscientiously describe him as a source that has hitherto proved unimpeachable. It is only when the journalist is reporting a whim of his own, and one to which he attaches minor importance, that he defines it as the opinion of well-informed circles.”
—Evelyn Waugh (19031966)