For-profit

Our Next Economy

Type:

For-Profit Environmentalist Funder

Founder:

John Passacantando

Our Next Economy is an environmentalist organization involved in sponsoring at least one environmentalist group, the environmental journalist organization Climate Investigations Center (CIC). The group is organized as a for-profit LLC, despite reportedly accepting nearly $5 million in independent contractor fees from at least one 501(c)(3) public charity, the Sustainable Markets Foundation, to fund CIC. [1] [2]

References

  1. Todd Shepherd. “Climate Change Reporting Website Obscures Its Funding With Dark Money Network.” Washington Free Beacon. October 12, 2019. December 6, 2019. https://freebeacon.com/issues/climate-change-reporting-website-obscures-its-funding-with-dark-money-network/ ^
  2. Spencer Walrath. “CLIMATE INVESTIGATIONS CENTER UTILIZES DARK MONEY NETWORK TO OBSCURE ITS FUNDERS.” Energy In Depth. October 14, 2019. Accessed December 6, 2019. https://eidclimate.org/climate-investigations-center-utilizes-dark-money-network-to-obscure-its-funders/ ^
  See an error? Let us know!