Funding

The Center for American Progress is classified as a 501(c)(3) organization under U.S. Internal Revenue Code. The institute receives approximately $25 million per year in funding from a variety of sources, including individuals, foundations, and corporations. From 2003 to 2007, the center received about $15 million in grants from 58 foundations. Major individual donors include George Soros, Peter Lewis, Steve Bing, and Herbert M. Sandler. The Center receives undisclosed sums from corporate donors.[5]

Wal-Mart is a major funder of the Center for American Progress, having given at least half a million dollars to the organization. [6] Wal-Mart has been a major backer of Pres Obama’s health care legislation, which critics contend would disproportionately drive up costs for Wal-Mart’s smaller competitors. [7]

Some open government groups, such as the Sunlight Foundation and the Campaign Legal Center, criticize the Center’s failure to disclose its contributors, particularly since it is so influential in appointments to the Obama administration.[8]

CAP has also been funded by the Democracy Alliance.