The group is funded in large part by private Venezuelan interests, but also reportedly received up to 6% of their funds via a grant from the U.S.- backed National Endowment for Democracy.
Súmate |
Machado was charged (together with other Súmate representatives) with conspiracy for funds Súmate received from the National Endowment for Democracy (NED), triggering condemnation of the administration of Venezuelan President Hugo Chavez from human rights groups.
Economists Ricardo Hausmann of Harvard University and Roberto Rigobón of the MIT Sloan School of Management performed a statistical analysis at Súmate's request, analyzing how fraud could have occurred during the referendum.
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Súmate (the civial association organizing the recall effort) received a US$ $31,000 grant in September 2003 from the United States National Endowment for Democracy, an organisation funded by the United States government.