The Progressive was getting some financial backing at the time from the Funding Exchange
, a matchmaker for donors in favor of social change.
The amount comprises some 49 million yen for funding exchange
programs and some 28.9 million yen for covering office rents.
Last year, the owner put the remaining floors on the market for non-profits, and six floors are already owned and occupied by groups such as Harper's Magazine Foundation, the Trust for Public Land, the Center for Constitutional Rights, the Down Syndrome Foundation and the Funding Exchange
By 1991 she was administering $5.5 million as the first Latina to head the Funding Exchange
, a national social-justice foundation based in New York City.
The network was not heavily reliant on foundations, getting some money from the Funding Exchange
and the Peace Development Fund, but Crispin agrees that among foundations "there is a lot of shifting to domestic issues, to AIDS, homelessness, health."
In the June issue, editor Erwin Knoll printed an exchange between himself and June Makela, executive director of Funding Exchange
, a group of liberal and left philanthropies, who wrote that her outfit was disgusted by Knoll's lack of principle in accepting the antiabortion ad and would therefore neither renew its subscription nor lobby for funding for the magazine.