Is CAI As Widely Supported As They Say?

This entry is part 3 of 3 in the series The Accountability of Corporate Accountability International

Today’s post continues from my previous post, “Corporate Accountability International Stretches a Claim,” where I demonstrated that in 2009 the NGO Corporate Accountability International (CAI) received 80%, or less, of its funding from individuals. This was in contradiction to a claim by CAI that it received 90% of its funding from individuals.

In this post, I’ll take the examination of CAI’s funding a bit further. Today’s look at CAI funding will be focused on the concentration of the remaining 20%, which is donated by organizations. Further research shows that three-quarters of that 20% (i.e., 15%) came from only two organizations.

One of those contributing organizations, the Richard and Rhoda Goldman Fund, in 2009 donated $300,000 to CAI. Click here to see the documentation, then scroll to page 22 on the PDF. The other contributing organization, the Deborah Rose Foundation, in 2009 donated $250,000 to CAI. Click here to see the documentation, then scroll to page 14 on the PDF.

Please consider that for fiscal year 2009, CAI brought in a bit over $3.7 million in revenue and when the simple arithmetic is done (($300,000 +$250,000) / $3.7 million = 14.86%), it’s clear that CAI received a significant portion, about 15%, of its funding from only two sources.

This finding further adds to the doubt expressed in “Corporate Accountability International Stretches a Claim“ that CAI, an influential NGO, is as widely-supported as perhaps they would like the public to believe.

 

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