Non-profit

Inclusive Economy Action Fund (Democracy Alliance)

Type:

Minimum Wage Advocacy Group

Project of:

Sixteen Thirty Fund

The Democracy Alliance Inclusive Economy Action Fund, commonly called the “Inclusive Economy Action Fund,” is a center-left minimum wage advocacy group created by the Democracy Alliance, a network of highly influential funders within the Democratic Party and the political Left. The Democracy Alliance itself generally coordinates funding strategies rather than engaging in grantmaking; consequently, the Democracy Action Fund itself is a project of the Sixteen Thirty Fund, a 501(c)(4) nonprofit funding and fiscal sponsorship provider. [1]

The Democracy Alliance Inclusive Economy Fund is the 501(c)(3) “sister” affiliate of the Inclusive Economy Action Fund, and a project of the New Venture Fund.

Political Activities

According to a 2016 report by the Democracy Alliance, both the Inclusive Economy Fund and the Inclusive Economy Action Fund promote state and federal campaigns to enact higher minimum wage laws, including a $15 federal minimum wage. The funds used a number of state-based allies to target legislation in the following states:

Washington

  • Raise Up Washington

California

  • ACCE

Arizona

  • LUCHA

New Mexico

  • OLE

Colorado

  • Together Colorado

Ohio

Minnesota

Florida

Connecticut

  • CT Working Families Organization

Maine

Leadership

The funds share an advisory board consisting of Peter Colavito, Service Employees International Union (SEIU); Alan S. Davis, WhyNot Initiative; David DesJardins, a philanthropist, Democratic Party donor, and Democracy Alliance board member; Nick Hanauer, a philanthropist, Democratic Party donor, and Democracy Alliance member; Lisa Guide, Rockefeller Family Fund; Eric Halperin, Open Society Foundations; Matt Hollamby, Wyss Foundation; Robert Master, Communication Workers of America (CWA); Michelle Ringuette, American Federation of Teachers (AFT); Damon Silvers, AFL-CIO; and Katrina vanden Hauvel, a donor.

Julie Kohler, senior vice president of strategy and planning for the Democracy Alliance, is listed as the group’s contact.

Funding

According to a 2016 Democracy Alliance report, the Inclusive Economy Action Fund raised approximately $900,000 and had expenditures of $900,000. The Inclusive Economy Fund had revenues of $1.37 million and expenditures of $1.37 million. [2]

References

  1. “Democracy Alliance 2020 Investment Portfolio.” Democracy Alliance. Published Fall 2016. Accessed April 15, 2019. Available: https://www.influencewatch.org/app/uploads/2019/04/Democracy-Alliance-2020-Investment-Portfolio-Report.pdf ^
  2. “Democracy Alliance 2020 Investment Portfolio.” Democracy Alliance. Published Fall 2016. Accessed April 15, 2019. Available: https://www.influencewatch.org/app/uploads/2019/04/Democracy-Alliance-2020-Investment-Portfolio-Report.pdf ^

Directors, Employees & Supporters

  1. Nick Hanauer
    Advisory Board Member
  2. David DesJardins
    Advisory Board Member
  See an error? Let us know!