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ANNUAL REPORT FY 2017 BUILDING A VISIONARY OPPOSITION

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Page 1: ANNUAL REPORT - Demos · 2019-12-17 · 01 03 07 11 15 19 23 26 34 35. PRESIDENT'S MESSAGE ... Since Oregon passed the first AVR law in 2015, state bills have been introduced in nearly

ANNUALREPORT

FY 2017

B U I L D I N G A V I S I O N A R Y O P P O S I T I O N

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CONTENTS

PRESIDENT'S MESSAGE

RECL AIMING THE FREEDOM TO VOTE

RECHARGING THE DEBATE ON MONEY IN POLITICS

RESET TING THE CONVERSATION

RENEWING THE PROMISE OF UPWARD MOBILIT Y

REDRESSING RACIAL INEQUALIT Y

RESISTING TO PROTECT OUR DEMOCRACY

DONORS

BOARD AND SENIOR STAFF

STATEMENT OF FINANCIALS

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PRESIDENT'S MESSAGE

nationalism with progressive, practical ideas that resonate from the home to the workplace, from the classroom to the halls of Congress. We can be a nation where every vote counts, where the paths to upward mobility are open to all, where we invest in each other, and where we share a new, true story of how racism and inequality damage us all.

Dēmos is delighted to share with you this report on how we have been working toward that vision over the past year. On the streets, in the courts, in the media, across conference tables and kitchen tables, we have been building a democracy where we all have an equal say and an equal chance. We couldn’t do any of it without you, our friends and supporters. Thank you.

In solidarity,

Heather McGheePresident

DEAR FRIENDS,

Each year Dēmos takes a moment to look back at the challenges and achievements of the previous year. But never can I remember a time when the first half of our fiscal year—July through December, 2016—felt so different from the second half—January through June, 2017.

At that halfway mark, that hinge in history, all of us at Dēmos and in the progressive movement became the opposition. We were joined instantly by people across the country who had never before taken a stand, never taken a step into the streets or picked up the phone to call their legislators. It was a shimmer of magic in a dark time.

But we all know change isn’t made by magic. And over the year chronicled in this report, Dēmos did more than resist. We worked to reclaim the freedom to vote, recharge the debate on money in politics, reset the public conversation about racism, renew the focus on upward mobility, and redress racial inequality. Change requires rigorous analysis, fresh strategies, bold ideas, a compelling voice, a deep understanding of power, and the inspiration that can come from only one source—we the people, the demos of America. Dēmos has harnessed those resources to help build and lead a visionary opposition.

The government we have today is racing to impose a cruel and divisive notion of who counts as an American. Dēmos has responded with a bountiful and attainable vision of what we can be.

We can be a people of many origins, many histories, who share a common humanity and a faith in democracy. We can be a country where the laws that shape our lives reflect the hopes of us all rather than the fears of a few. We can replace austerity and reactionary

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04Building A Visionary Opposition: Demos FY 2017 Annual Report

RECLAIMING THE FREEDOM TO VOTEIf the right to vote weren’t so powerful, they wouldn’t be trying so hard to take it away.

In 2016, right-wing groups and some states sought to purge existing voters from the rolls. Invariably, these efforts fell most heavily on people of color, young people, and residents of low-income communities. Dēmos fought back. In Virginia, we won dismissal of a lawsuit seeking to purge thousands of voters prior to the presidential election. And in Ohio, we sued to ensure that 7,500 people who otherwise would have lost their right to vote were able to participate in the 2016 elections. But the Ohio case didn’t stop there. It rose all the way to the U.S. Supreme Court, where in early November Dēmos argued the case as lead counsel. The case, Husted vs. APRI, stems from our efforts to enforce Section 8 of the National Voter Registration Act (NVRA) in Ohio. The Supreme Court’s decision will have nationwide ramifications for voter roll maintenance and the abilities of states to purge voters—and a profound impact on participation in future elections. In 2018, Dēmos is taking the case all the way to the high Court, arguing that citizens have the right to vote in whichever elections they choose, without fear that their states could decide to disenfranchise them.

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1 Accelerating the Vote: How States Are Improving Motor-Voter Registration Under the National Voter Registration Act

REPORTSIn addition, Dēmos has been working for long-term structural reforms that remove barriers to voting. These include enforcing NVRA Section 7, which requires public assistance agencies to provide voter registration services, and Section 5, also known as “Motor Voter,” which requires state DMVs to do the same. Over the past year, our legal team undertook investigations, litigation, and outreach in 8 states—from North Carolina and Florida to Missouri and Nevada—to enforce compliance with Section 5. In North Carolina, our lawsuit forced the state to count 1,500 ballots that had been put aside as “provisional” in a close governor’s race. In California, where we sued the DMV and the Secretary of State to compel their compliance, our work expanded the number of voter registration applications originating at the DMV from 27,000 a month in 2012 to 42,000 a month in 2016—a 53 percent increase. You can see the full impact of our work in our report Accelerating the Vote1.

Through our legal efforts and our support to grassroots campaigns, Dēmos has championed a solution to voter registration barriers: automatic voter registration (AVR), in which states use information on file with various agencies, such as DMVs, to automatically register eligible voters unless they opt out. In August 2017, Illinois became the 10th state, along with the District of Columbia, to approve an AVR system. This is

a significant victory for the Just Democracy Illinois coalition, which Dēmos supported with strategic campaign and advocacy assistance. Since Oregon passed the first AVR law in 2015, state bills have been introduced in nearly two-thirds of the country. Oregon’s program added over a quarter-million new voters for the 2016 general election, and increased the diversity of voters in all age groups. We are also pushing back against the Trump administration’s illegitimate quest to purge voters through its so-called “voter fraud” commission, which has demanded—but so far mostly been denied—vast amounts of private voter data from all 50 states. Our goal is beyond opposition. Dēmos is reclaiming the freedom to vote.

RECLAIMING THE FREEDOM TO VOTE05

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08Building A Visionary Opposition: Demos FY 2017 Annual Report

Less than 1 percent of the population provides the vast majority of the political donations that determine who runs for office and who wins elections. And the donations work: policymakers respond more to the desires of the donor class, and less to the needs and concerns of ordinary Americans. At Dēmos, we believe that the economic power of wealthy individuals and corporations should not be allowed to translate directly into political power. This year Dēmos conducted groundbreaking research2 to uncover exactly who these big donors are and what they care about. We found they are significantly richer, whiter, and more male than the American population as a whole—and their policy priorities differ dramatically from those of most Americans, and even from non-donors in their own party. The deep inequities embedded in our big-money elections resound throughout our democracy and contribute to the growing inequality that is the hallmark of America today. And who allowed the torrents of cash to swamp our elections and drown out the voices of ordinary citizens? It was the Supreme Court, which has repeatedly gutted common-sense protections. In fact, Dēmos’ research revealed3 that Supreme Court decisions were responsible for nearly half of the almost $7 billion spent on the 2016 elections.

RECHARGING THE DEBATE ON MONEY IN POLITICS

During the 2016 electoral season, the cry from both right and left was, “The system is rigged!” At Dēmos, we agree. There is simply too much big money in our political system.

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In the spring of 2017, all eyes turned to the Supreme Court confirmation hearings for Neil Gorsuch. Dēmos led a national effort to highlight—for the first time in a Supreme Court nomination battle—the issue of money in politics as a pivotal factor. Dēmos coordinated polling that showed that 91 percent of Trump voters wanted him to nominate a justice open to limiting big money; co-authored a fact sheet on Judge Gorsuch’s money-in-politics record that became the basis for our allies’ advocacy; produced fact sheets about the Court’s impact on money in politics, and that money’s impact on racial equity; worked with allies and activists to get grassroots groups engaged; encouraged hundreds of organizations and members of Congress to raise concerns; and helped senators on the Judiciary Committee prepare their questions for Judge Gorsuch. We tweeted against the nomination nearly 300 times, reaching almost 900,000 people, including U.S. Senators Sheldon Whitehouse and Jeff Merkley. At the invitation of Senator Dianne Feinstein, Heather McGhee testified before the Senate Judiciary Committee against Judge Gorsuch’s confirmation, focusing her testimony on concerns about money in politics. During the hearing, Senator Whitehouse entered several Dēmos reports into the official record. Our analysis of Judge Gorsuch’s views on the role of money in politics became a key pillar of the opposition's argument. Of the 45 senators who voted against the nominee, 25 cited his attitudes about money in politics as a reason for their opposition. Through our research, writing, outreach, and advocacy, Dēmos also pushed for innovative policies4 that will raise the voices of voters in our elections and curb the power of big money. The system may be rigged, but we the people still have the power to set things right.

2 Whose Voice, Whose Choice?The Distorting Influence of the Political Donor Class in Our Big-Money Elections

3 Court Cash: 2016 Election Money Resulting Directly from Supreme Court Rulings

4 Public Funding for Electoral Campaigns: How 27 States, Counties, and Municipalities Empower Small Donors and Curb the Power of Big Money in Politics

REPORTS

RECHARGING THE DEBATE ON MONEY IN POLITICS

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12Building A Visionary Opposition: Demos FY 2017 Annual Report

RESETTING THE CONVERSATIONOne of the most powerful moments of the past year was unscripted and unexpected.

On a C-SPAN news program, Heather McGhee took a call from a viewer who said he was a white man who was prejudiced against black people—and asked for her help to get over his bias and become, in his words, “a better American.” Heather answered simply, from her heart.

In a season of vitriol, their conversation was a tonic both soothing and bracing: a white man, admitting his racial bias; a black woman expressing compassion while offering clear suggestions for how he could do better. The video of their exchange went viral, receiving more than 10 million views. It sparked wide media coverage, a New York Times op-ed, a New Yorker piece, and a CNN town hall, not to mention a deluge of Facebook and Twitter comments.

That caller, Asheville, North Carolina resident Garry Civitello, went on to develop a friendship with Heather and to become a spokesperson for his own racial equity education.

“Thank you to all of the supporters of Dēmos. The work they do has changed my life, and now I want to use my voice to help others fight racism.”

- Garry Civitello

“Thank you so much for being honest and for opening up this conversation because it’s simply one of the most important ones we have to have in this country.”

HEATHER

“I was hoping maybe your guest can help me change my mind about some things. I’m a white male, and I am prejudiced. … What can I do to change? To be a better American?”

C-SPAN CALLER (GARRY CIVITELLO)

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Over the past year, Tamara became an op-ed contributor for The Hill. And Senior Policy Analyst Mark Huelsman was named one of the Politico 50 for his and Dēmos’ role in bringing debt-free college to the heart of the 2016 political debate. Dēmos’ social media posts were seen nearly 29 million times.

Dēmos’ work appeared in the media over 600 times last year, in every major media market. We influenced the coverage of economic inequality by deepening journalists’ understanding of the racial wealth gap, and increased reporters’ skepticism about the practice of states purging voters from the rolls.

RESETTING THE CONVERSATION

Dēmos’ sought-after policy experts shifted the public debate in other ways as well. Tamara Draut, our Vice President of Policy and Research, continued to draw attention through her 2016 book, Sleeping Giant, which discusses how the new working class—which is much more female, black and brown than in previous generations—must reclaim the moral, economic and political power enjoyed by the old industrial working class. Senator Elizabeth Warren said of the book, “It is raw. It is honest. And it is powerful. It is about the conversation we need to have in this country.”

Sleeping Giant Tamara Draut

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16Building A Visionary Opposition: Demos FY 2017 Annual Report

One such solution is debt-free college, the idea that students in public colleges should be able to work their way through school without needing to borrow. Dēmos coined that term years ago and created the first comprehensive policy proposal to outline a remedy. In 2016, we pushed the idea of debt-free college into the center of the national debate, where it drew support from candidates and voters across the political spectrum, including the entire Democratic presidential field. Chuck Schumer called it “the next big idea.”

Early in this fiscal year, we released two research reports highlighting the reality that student debt is a burden not shared equally. A Leg Up5 and Out of Reach6 reveal that black students as well as low-income students are more likely to borrow, and at higher amounts, than their peers—which, combined with labor market discrimination, makes student debt even riskier for African Americans. Along with Small Loans, Big Risks7, which examines the consequences for student debtors and how the risks break down along race and class lines, our research on debt-free college garnered media attention from outlets that ranged from CBS News to Marketplace.

RENEWING THE PROMISE OF UPWARD MOBILITY

Dēmos’ commitment to people of color, young people and the working class requires that we advance new ideas and bold solutions to open opportunities for upward mobility.

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In the Price Tag for Being Young 8, Dēmos also found that today’s young people face an unprecedented threat both existential and economic: climate change. Our research estimated that without action on climate change, a 21-year-old earning a median income will lose $100,000 in lifetime income and $142,000 in wealth. But at Dēmos, we don’t just point out problems, we also work toward solutions. As de-carbonization and development of green technologies unleash new capital investment and create jobs, Dēmos is working to ensure that the clean economy transformation is equitable and inclusive. We’ve worked towards this goal by becoming a member of the steering committee of NY Renews, a powerful, multiracial coalition pushing for a massive green jobs plan in New York State.

Dēmos also worked this past year for justice for American workers. If you visit any retail outlet, from discount store to high-end boutique, you can’t help noticing the guards, cameras, electronic tags and other technology designed to stop shoplifting. And no wonder: shoplifting costs retailers about $15 billion a year. But there’s another, more insidious kind of crime that costs the most vulnerable low-wage workers about $15 billion a year—wage theft. In The Steal 9, Associate Director of Policy and Research Amy Traub compared these economic crimes and contrasted the punishment meted out to shoplifters (jail) vs. employers who pocket their employees’ wages (virtually nothing).

5 A Leg Up: How a Privileged Minority Is Graduating Without Debt

6 Out of Reach? How a Shared Definition of College Affordability Exposes a Crisis for Low-Income Students

7 Small Loans, Big Risks: Major Consequences for Student Debtors

8 The Price Tag of Being Young: Climate Change and Millennials’ Economic Future

9 The Steal: The Urgent Need to Combat Wage Theft in Retail

REPORTS

RENEWING THE PROMISE OF UPWARD MOBILITY

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REDRESSING RACIAL INEQUALITYWe have several traditional routes to upward mobility in the U.S., including education, home ownership, entrepreneurship, and career advancement. Each of these routes is more arduous—and in many cases impassable—for people of color, due to the discrimination built into our laws and economic structures.

In our report The Racial Wealth Gap: Why Policy Matters10, Dēmos examined the impact of housing, education, and labor markets on the wealth gap between white, black, and Latino households, and assessed how public policies could reduce the gap. The report received more than 24,000 views on our website, as well as coverage from the Washington Post, Forbes, The Atlantic, The New Yorker and other outlets.

This February, we followed up with a report by Dēmos and the Institute for Assets and Social Policy that refuted popular explanations for the racial wealth gap. The Asset Value of Whiteness 11 demonstrated with data that the individual choices people of color make in areas such as education, family structure, employment, and personal consumption cannot reverse the economic harm done by structural racism.

Only public policies can stanch the injustice of racism and repair the damage. Dēmos identified the policies that we need to win and conducted public education to push those policy proposals toward enactment.

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10 The Racial Gap: Why Policy Matters

11 The Asset Value of Whiteness: Understanding the Racial Wealth Gap

12 Santuarios, Seguridad y Comunidad: Herramientas para Acoger y Proteger a los Inmigrantes a Través de la Democracia Local

13 Sanctuary, Safety and Community: Tools for Welcoming and Protecting Immigrants Through Local Democracy

REPORTS

Through our Inclusive Democracy Project, we worked with grassroots partners on the ground in 8 states and the District of Columbia to build alignment between the racial justice movement and democracy reform fields. In New Mexico, for example, the project involved 10 racial, gender and economic justice organizations collaborating, with Dēmos’ assistance, to advance public financing and voting reforms. In Missouri, we helped partners launch a public education campaign on democracy reform that puts racial equity at the center of social change. In 2018 we’ll launch a new cohort of Inclusive Democracy Project partners, largely people of color, with a national convening to propel state-level campaigns on democracy agendas with racial justice goals.

This year, anti-Latino bias hit a fever pitch—driving the raids, arrests and detentions conducted against immigrant communities by the administration. Dēmos took action, with rapid response communications campaigns and powerful legal and advocacy tools to support the sanctuary movement.

These included legal arguments to preserve the right of cities, schools and other public institutions to provide sanctuary, and a set of policy recommendations, available in Spanish12 and English13, that local advocates can use to protect the rights of immigrant families. This spring, for example, the Attorney General of Maryland issued strong guidance to state officials and local governments that reflected almost all of Dēmos’ recommendations.

REDRESSING RACIAL INEQUALITY

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24Building A Visionary Opposition: Demos FY 2017 Annual Report

Shortly after the November elections, Dēmos joined 3 close allies—Color of Change, MoveOn.org, National Domestic Workers Alliance—in gathering the leading resistance organizations—from United We Dream to the Women’s March and Indivisible—to strategize regularly across the issue lines that often divide the progressive movement. Today the over 40 groups meet monthly and are united in common purpose: to protect our people and the democracy we cherish.

Through all the upheaval of the past year, Dēmos has always known exactly where we stand: on the leading edge of the visionary opposition. And that’s where we intend to stay.

Sometimes, if you look hard at just the right moment, you might glimpse in the distance a bright line where the troubled past and tense present meet the progressive future. That’s the turning point of social change, and no one can reach it alone. But with your continued support and partnership, we the people—the demos—can get there together.

RESISTING TO PROTECT OUR DEMOCRACY

At a time of great threat, we opened our doors to the resistance movement.

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26Building A Visionary Opposition: Demos FY 2017 Annual Report

"I give to Dēmos because I believe their voting rights work is critical to achieving a country where everyone truly has equal access to our democracy. "

- BARBRA STREISAND

DONORS

ANaomi AberlyAmalgamated BankAmerican Federation of Labor - Congress of Industrial Orgs (AFL-CIO)American Federation of Teachers (AFT)Angelina FundAnnie E. Casey FoundationAnonymous Foundation (3)Anonymous (7)Stephen Presser & Diane ArcherArkay FoundationLucy & Peter AscoliKatherine and Stephen Atkinson

BRupa BalasubramanianMedea BenjaminMiriam BensmanJules Bernstein & Linda LipsettBooth Ferris FoundationBright Horizon Fund

CDavid CallahanCarnegie Corporation of New YorkThe Caroline and Sigmund Schott FundDana Chasin

Dēmos would like to thank the following $1,000+ supporters from our 2017 fiscal year for helping us fight for an equal say and an equal chance for all.

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28Building A Visionary Opposition: Demos FY 2017 Annual Report

Jun ChoiColorOfChange.orgCommunications Workers of America (CWA)Compton FoundationStacy CotlerCREDO MobileCresaCrossCurrents FoundationMargaret Crotty and Rory RiggsRichard Culliton

DPaul O. DavisAdam de HavenonDechert LLPQuinn Delaney & Wayne JordanDemocracy FundJanet Dewart BellDextra Baldwin McGonagle FoundationDeborah Drysdale

EPaul & Joanne EgermanShirley and Al Evenitsky Fund for Social JusticeRobert E. Ewers, Jr. and Penny Pleasance

FF.B. Heron FoundationThe Fine Schneider Charitable FundTed & Deborah FirstKenneth FloryanRev. Dr. Yvette FlunderFord FoundationHal FriedmanFriedman Family FoundationJosh and Mollye FrydayIan Fuller

GJenny Wilson & Andy GassRon & Gina GlantzRichie GoldmanBill GoldmanKatherine GraingerWilliam and Jean GrausteinStephen Gunther & Adam Gunther

HAmy Hanauer & Mark CassellHanley FoundationSamuel Heiber & Kyle CisselStephen Heintz & Lise StoneLoren W. HersheyAnne H Hess and Craig KaplanHorace W. Goldsmith Foundation

IIrving Harris Foundation

JJohn D. and Catherine T. MacArthur FoundationJohnson Family FoundationSuzanne and David JohnsonJoyce Foundation

KAbigail KerlinPeter KerlinRebecca KerlinSarah & Victor KovnerKPS Capital Partners, LP

LRoy & Lydia LandesbergThe Philip & Janice Levin Foundation

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30Building A Visionary Opposition: Demos FY 2017 Annual Report

Carol & Larry LiozMichael Lipsky & Mariette Hiu NewcombLisa & Douglas Goldman FundLocal 32BJ SEIULoyola Law SchoolLumina Foundation for Education

MMarguerite Casey FoundationMarilyn Clements Charitable FundDiane L. and Adam E. MaxStephen McConnellKatie McGrath & J.J. Abrams Family FoundationDennis & Karen MehielJoseph Mellicker & Judith ScheuerMenemsha Family FundMertz Gilmore FoundationNancy Meyer & Marc WeissMiner, Barnhill & Galland P.C.Moriah FundLaura MountcastleMary MountcastleKatharine MountcastleBen and Frannie MoyerMark Munger & Katherine BourneMutual of America

NNathan Cummings FoundationNew York Administrative Employees, CWA Local 1180Craig NewmarkNoVo Foundation

OOpen Society FoundationsOverbrook Foundation

PPanta Rhea FoundationPark FoundationChang K. ParkPiper FundPlanned Parenthood Federation of AmericaWendy Puriefoy

RAlan RabinowitzCatherine RaphaelCecile RichardsPeter Rider & Glenn HillMegan RoachRockefeller Brothers FundFrancene & Charles RodgersRosenthal Family FoundationRoy A. Hunt Foundation

SJulie & David SamberStanley SandrowiczScherman FoundationChris ShafferJanet ShenkBen & Janet ShuteClaire SilbermanIan SimmonsSKDKnickerbockerTed SnowdonJonathan & Jennifer Allan Soros FoundationDr. Kitty and Lewis SteelSandor & Faye StrausBarbra StreisandSurdna Foundation

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32Building A Visionary Opposition: Demos FY 2017 Annual Report

TInternational Brotherhood of TeamstersThe Nation

UUAW International UnionUnited Food and Commercial Workers International Union (UFCW)UltraVioletUnited Steelworkers

VMarjorie Van DercookBrent & Julianna VelthoenGail & Larry Vladimir

DĒMOS ACTION DONORSRon & Gina GlantzMary MountcastleMovement Voter Fund of Tides FoundationOpen Society Policy CenterBarbara and Morris B. Pearl FundService Employees International Union (SEIU)Tom and Janet Unterman

WW.K. Kellogg FoundationWade Greene, Rockefeller Family & AssociatesWallace Global FundSushil Tyagi & Amelia Warren TyagiDave Wachtel, Holly Schadler & Trister, Ross, Schadler & Gold, PLLCWegner CPAsWellstone ActionThe WhyNot InitiativeWomen's MarchRuth Wooden

ZZevin Asset Management, LLC

Dēmos Action is a fiscally-sponsored project of The Advocacy Fund, a 501(c)(4) nonprofit organization. Support for Dēmos Action provides the flexibility to engage in public debate and advance policy recommendations, with the freedom to comment on candidates, policies, and campaigns. For more information on contributing to Dēmos Action, please email [email protected].

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CONSIDER JOINING THEDĒMOS LEGACY SOCIETY

One of the most meaningful ways you can make an impact on our work and leave a lasting legacy for future generations is by including Dēmos in your will or trust.

It’s clearer now more than ever that threats to our democracy can occur at any time, which is why such forward-thinking contributions are important not just for today, but for the future challenges ahead of us.

For more information on how you can include Dēmos in your estate plans, please contact David Alexander, Director of Development at [email protected] or (212) 419-8771. 

BOARD AND SENIOR STAFFBOARD OF TRUSTEESAmelia Warren TyagiBoard ChairCo-founder and Chief Operating Officer, Business Talent Group

Amy HanauerBoard Vice-ChairExecutive Director, Policy Matters Ohio

Ruth WoodenBoard TreasurerFormer President, Public Agenda

Paul EgermanBoard SecretarySoftware Entrepreneur

Wally AdeyemoFormer Deputy Assistant to the President and Deputy National Security Advisor for International Economics

Mark AlexanderDean, Villanova Law School

Rupa BalasubramanianVice President, Fundamental

Janet Dewart BellCommunications Strategist and Management Consultant

Taifa ButlerExecutive Director, Georgia Budget and Policy Institute

Jun ChoiCEO, Menlo Reality Ventures

Rev. Janet McCune EdwardsCo-Moderator and Board Member, More Light Presbyterians

Rev. Dr. Yvette FlunderBishop, The Fellowship of Affirming Ministries

Rev. Dr. Robert M. Franklin Jr.Director of Religion, Chautauqua Institution

Joshua FrydayPresident, Golden State Opportunity

Gina GlantzFounder, GenderAvenger.com

Richard E. GoldmanCo-Founder of Men's Wearhouse (retired)

David JohnsonFounder of Act 4 Entertainment

Van JonesPresident and Co-Founder, Rebuild the Dream

Stephen McConnellPresident, Civic Participation Action Fund

Heather McGheePresident, Dēmos

Mary MountcastleTrustee, Mary Reynolds Babcock Foundation

Rashad RobinsonExecutive Director, Color Of Change

Janet Shenk Consultant

Charles R. HalpernTrustee EmeritusScholar in Residence, Boalt Hall School of Law, University of California, Berkeley Stephen HeintzTrustee EmeritusPresident, Rockefeller Brothers Fund Miles RapoportTrustee EmeritusSenior Fellow, Ash Center for Democratic Governance and Innovation, Harvard Kennedy School

Ernest Tollerson (on leave)Director, Policy & Media RelationsMetropolitan Transportation Authority

EXECUTIVE STAFFHeather C. McGheePresident

Lucy MayoSenior Vice President, Operations

Joseph DiNorciaVice President, Administration, CFO

Elizabeth DoyleVice President, Policy & Campaigns

Tamara DrautVice President, Policy & Research

Tori O'Neal-McElrathVice President, External Affairs

Brenda WrightVice President, Policy & Legal Strategies 34

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36Building A Visionary Opposition: Demos FY 2017 Annual Report

REVENUE

Grants

Individual Contributions

Earned Income

Total Revenue

$8,513,273

$2,220,482

$178,457

$10,912,212

78%

20.4%

1.6%

NET ASSETS

Beginning of Year

End of Year

Change in Net Assets

$573,400

$1,138,755

$565,355

STATEMENT OF FINANCIALS*Fiscal Year 2017 (July 1, 2016–June 30, 2017)

*Unaudited

EXPENSES

Freedom to Vote Program

Upward Mobility Program

Public Investment Program

Money in Politics Program

Fellows Program

Affiliate Program

Management & General

Fundraising

Total Expenses

$2,613,933

$1,318,343

$1,015,160

$1,509,200

$511,645

$345,952

$1,730,406

$1,302,217

$10,346,856

25.3%

12.7%

9.8%

14.6%

4.9%

3.3%

16.7%

12.6%

HISTORIC REVENUE

$12,000,000

$16,000,000

$10,000,000

$14,000,000

$8,000,000

$6,000,000

$4,000,000

$2,000,000

$0FY

2001FY

2005FY

2010FY

2015FY

2017FY

2018FY

2019

recorded revenue projected revenue

$7,173,932$8,428,636

$14,080,205

$1,820,067

$4,021,086

$10,912,212

$13,159,070

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