News

The Center for Political Accountability has reached a major milestone, as 100 companies have committed to its framework for political transparency and accountability. During this 2012 proxy season, 12 additional companies have adopted corporate disclosure of political spending, including Halliburton, one of the country's largest oil field service companies, and supermarket chain Safeway.

The Investigative News Network (INN) has been granted nonprofit 501(c)(3) status from the Internal Revenue Service. INN's new tax status will allow the organization to receive support directly from foundations and other donors, making it easier for the organization to help its member news organizations in producing and distributing reliable investigative and public service reporting.

Shareholders want to know where corporations are spending their political dollars, according to a new report released by corporate watchdog groups. In an interview on National Public Radio's Morning Edition on February 28, 2012, Bruce Freed, president of the Center for Political Accountability (CPA), said investors need to understand the risks of corporate spending in politics.

Not long ago, Nezir Sinani was working for a state-owned power company in Kosovo. As he learned about the detrimental effects of coal on human health and the environment, he decided to make a change. Now, Mr. Sinani is advancing clean energy solutions in Kosovo with RBF grantee the Institute for Development Policy.

RBF grantees the Center for Investigative Reporting, Inc. and Crisis Action, Inc. are among 15 recipients of this year's MacArthur Awards for Creative and Effective Institutions. Both organizations were recognized for demonstrating outstanding innovation and efficacy, with great potential to continue effecting change in the future.

Citing new data on the Florida primaries, the Wesleyan Media Project, an RBF grantee, has released the first analysis of campaign advertising for the 2012 presidential election cycle. It found that interest groups have sponsored nearly half of the Republican nomination television ads through January 25, compared to only three percent of ads aired during the same time period in the 2008 Republican nomination race—a 1600 percent increase.

In an editorial published in the Financial Times, economist Nicholas Stern cites data and analysis from the Carbon Tracker Initiative to call attention to the “contradiction between the way global fossil fuel reserves are evaluated and long-term [climate change] policy goals.” The Carbon Tracker Initiative is a project of InvestorWatch, and was made possible by support from the Growald Family Fund and the Rockefeller Brothers Fund.

Democratic Practice Program Director Benjamin Shute, Jr. discusses the need for campaign finance reform, especially as the concentration of wealth among fewer Americans increases, and unemployment soars. Those who can most easily afford to make large donations to candidates are having a disproportionate effect on public policy, he says, and more and more people believe that the government doesn’t work for them.

The Rockefeller Brothers Fund has made revisions to the Global Governance portion of its Democratic Practice program guidelines. The changes reflect the evolution of the Global Governance portfolio, and aim to better communicate the Fund's interest in promising approaches to enhancing the vitality of democracy in global governance.

The Campaign Finance Institute (CFI) has published a report, which confirms that a public campaign finance policy would improve election participation. The new report is based on analysis of public financing in six Midwestern states during the elections of 2006-2010.