The Spainish context Deficient normative frame Endemic ilegal political party funding scandals Overindebted parties (over € 200M) Little (or not visible) private funding
Podemos' funding principles Financial independency: No bank funding lower donation limits than legal provisions Large base of small donors (average ~ 25€) Innovation Crowdfunding Micro-credits (crowdlending) for political campaigns Merchandising Transparency Quarterly full disclosure of accounts (including scanned copies of invoices) Transparency of elected members (open calendars and full declaration of income & assets) – Check yourself at: transparencia.podemos.info
Radical Transparent Funding Podemos is the only party with 3 external control mechanisms: - Court of Accounts (Only control for other parties) - External Audit - Citizen control Views Podemos is the only party that allows citizen oversight.
Transparency of elected members Elected Members of Parliament earn 3x legal minimum wage (there are some complements for parents or disabled people) The remaining goes to: - 50% donations to the party - 50% donations to “Impulsa” proyect to fund external social proyects. Podemos' members choose through 100% participatory process, awarded proyects. In addition, elected members must publish: - Open calendars - Full declaration of interests, incomes and assets
Podemos' sources of funding Ordinary funding: Regular contributions (non mandatory) Merchandising Crowdfunding Donations from elected members Campaign funding: BEFORE: crowdfunding NOW: micro-credits * After achieving representation, now Podemos has public funding which is mostly tied to parliamentary work and can't be spent in the party structure
Releasing the code of Podemos' digital heart /1 Open-source software to: - achieve technological sovereignty - extend transparency and collaborative finance innovations - increase legitimacy with auditable software 1. Participa. One plataform your party can also use to: Learn more about it here * Secured, verified online registration * Census and online voting * Email, SMS, and mobile app alerts * Supporters can manage regular contributions * Supporters can subscribe micro-credits Available both for web and as mobile devices app
Releasing the code of Podemos' digital heart /2 Open-source software to: - achieve technological sovereignty - extend transparency and collaborative finance innovations -increase legitimacy with auditable software Crossed supervision as a preventive internal control mechanism OpenERP : Taylored accounting system that allows separeted book-keeping for each organizational level but instant consolidation of accounts and integrated internal control mechanisms. Potentially capable of publishing real-time accounts (software development required).
Transparency in the institutions We want to bring to the institucions the transparency that we practice
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