The shift of big money givers to the alliance poses a threat to the survival of such pro-Democratic independent groups as America Coming Together and the Media Fund. These two groups depended on many of the same donors to raise $196.7 million in 2003 and 2004. ACT recently announced that it is closing state offices and laying off most staff members. Democratic sources said its long-term survival is in doubt.
Soros, the billionaire financier, was the most prominent backer of the 2004 Democratic groups, but he has assumed only a modest role in the Democracy Alliance. He has stopped donating to ACT.
http://www.washingtonpost.com/wp-dyn/content/article/2005/08/06/AR2005080600848.html?sub=ARBut the good news from the article:
At least 80 wealthy liberals have pledged to contribute $1 million or more apiece to fund a network of think tanks and advocacy groups to compete with the potent conservative infrastructure built up over the past three decades.
The money will be channeled through a new partnership called the Democracy Alliance, which was founded last spring -- the latest in a series of liberal initiatives as the Democratic Party and its allies continue to struggle with the loss of the House and the Senate in 1994 and the presidency in 2000. Many influential Democratic contributors were left angry and despairing over the party's poor showing in last year's elections, and are looking for what they hope will be more effective ways to invest their support.
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