How Propel Capital is Charting New Paths For Venture Philanthropy in Progressive Organizing

Tuesday, December 12, 2017

How Propel Capital is Charting New Paths For Venture Philanthropy in Progressive Organizing 

Last week, the fund launched Propel Democracy, a new $5 million effort that seeks 'to catalyze investment in local organizing strategies that build progressive political power in states of critical electoral importance.' 

The fund has invested $1 million this year and will spend an additional $2 million in 2018. The fund will move quickly to support partners leading up to the crucial 2018 mid-term election, which will determine party control of Congress and the 2020 presidential contest.

Propel Capital isn’t the only example of an equity-minded funder that’s lately swung behind edgier approaches, as we’ve been reporting. Other newcomers to progressive organizing have also supported grassroots advocacy and movement building with a strong sense of urgency. In fact, as Williams tells it, there’s not a moment to lose—donors need to act now to capitalize on the momentum that’s been building during Trump’s first year in office...

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