Loading ...Thousand Currents
Thousand Currents is a left-of-center grantmaking organization that provides financial assistance to left-leaning projects and organizations and activists in developing nations (i.e.: the so-called “global south”). [1] It is funded by many left-leaning institutional donors, which include the W.K. Kellogg Foundation, John D. and Catherine T. MacArthur Foundation, the David and Lucile Packard Foundation, the Wallace Global Fund, the NoVo Foundation, and the Libra Foundation. [2] [3] [4] Thousand Currents reported $6.8 million annual revenue for the reporting period ending June 30, 2018. [5]
Thousand Currents opposes the use of genetically modified organisms (GMOs). [6] Working with partners and through its own programs in Mexico, Thousand Currents has fought efforts by the Mexican government to allow expanded use of GMOs. [7] The Thousand Currents website favorably quotes an activist leader from one of these partnerships who alleged that expanded use of GMOs would be “life threatening” for the people of Mexico. [8]
In 2016, representatives of the Black Lives Matter (BLM) movement approached Thousand Currents for fiscal management and administrative assistance. [9] This partnership led to a fiscal sponsorship agreement that launched the Black Lives Matter Global Network Foundation. [10] The W.K. Kellogg Foundation provided a three-year grant of $900,000 thorough Thousand Currents to help organize local BLM chapters. [11] Beginning in 2016 Thousand Currents supported BLM’s assistance to protestors at the Standing Rock Sioux Reservation in North Dakota who were opposing the use of the Dakota Access oil pipeline. [12] A BLM news release declared the 1,100 mile pipeline through the central United States to be an example of “environmental racism” because a portion of it ran within close proximity to Native American land. [13]
Contents
Background
Thousand Currents is a left-of-center grantmaking organization that was founded in 1985 as the International Development Exchange and changed its name to Thousand Currents in 2016. [14] Thousand Currents provides funding to activists in developing nations (i.e.: the so-called “global south”). [15]
As an example, Thousand Currents, in partnership with Global Greengrants Fund, Grassroots International, and Urgent Action Fund for Women’s Human Rights, founded the Climate Leaders In Movement Action Fund (CLIMA). CLIMA is a human rights and environmental mitigation project focused on developing countries. [16] The organization has the goal of raising $10 million between 2018 and 2022. [17]
Left-leaning Support
Thousand Currents reported $4.2 million annual revenue for the reporting period ending June 30, 2017; and $6.8 million annual revenue for the reporting period ending June 30, 2018. [18]
Thousand Currents is funded by many left-leaning institutional donors, which include the Andrus Family Fund (a subsidiary of the Surdna Foundation), the W.K. Kellogg Foundation, International Planned Parenthood Federation, John D. and Catherine T. MacArthur Foundation, the David and Lucile Packard Foundation, Wallace Global Fund, and Foundation for a Just Society, the NoVo Foundation, the Libra Foundation. [19] [20] [21]
The NoVo Foundation appears to have been one of the largest donors, pledging in 2015 to give $2.65 million to Thousand Currents over seven years. [22] Peter Buffett, son of left-of-center philanthropist Warren Buffett, and his wife Jennifer run the NoVo Foundation. [23] NoVo has also given grants to numerous left-of-center economic and culture organizations, such as the Institute for Policy Studies, Demos, the Center for Popular Democracy, and the MomsRising Education Fund. [24]
Another large contributor to Thousand Currents was the Libra Foundation: from 2010 to 2019 Libra contributed more than $1.1 million to Thousand Currents for environmental projects. Examples of other left-of-center groups that have received more than $1 million from Libra include the Center for Community Change, and EarthRights International. [25]