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We believe that it is important for those reading and engaging with our work to understand how that work has been funded. Below you will find a list of organisations which have provided funding to the Bourse & Bazaar Foundation. We only accept funding from those organisations which we believe are committed to economic development, economic diplomacy, and economic justice in the Middle East and Central Asia and are therefore aligned with the values of the Bourse & Bazaar Foundation. Whether the funding is provided via grants or project-based consultancy, full editorial and intellectual independence is an absolute prerequisite. For this reason, while funding may come from donors, the ideas expressed in our publications and events are purely those of the author or speaker.
The Bourse & Bazaar Foundation is registered as a company limited by guarantee. The foundation has been certified by NGOSource as equivalent to a Certified Public Charity.
Status: Ongoing
The Open Society Foundations supports the Bourse & Bazaar Foundation with a grant intended to broadly support the foundation’s work in economic diplomacy, economic development, and economic justice in the Middle East and Central Asia.
Why did we accept this grant?
The Open Society Foundations supports organisations seeking to chart a progressive foreign policy approach to the Middle East, one that aims at de-escalation and conflict mitigation across the region. The Open Society Foundations, as one of the largest philanthropic organisations in the world, is working to build inclusive, accountable states and societies. They see the work of the Bourse & Bazaar Foundation, especially the focus on economic justice and development, as conducive to these goals.
Grant Period: August 2023 - May 2024
The Rockefeller Brothers Fund has provided a grant in support of the Integrated Futures Initiative, a project led by the Bourse & Bazaar Foundation to facilitate research and convenings supporting future regional diplomacy through economic integration in the Middle East, with a particular focus on the Persian Gulf region.
Why did we accept this grant?
Rockefeller Brothers Fund has a long track record supporting peacebuilding in the Middle East as well as work to reduce geopolitical tensions, including between the United States and Iran. This grant presented an opportunity to examine whether economic integration can serve peacebuilding aims, building on the recent trend of deescalation between Iran and its Arab neighbours.
Project Periods: October - November 2022 and July - November 2023
Ploughshares Fund has made two grants in support of research reports published by the Bourse & Bazaar Foundation. The first report, prepared for a Track 2 meeting in November 2022, pertained to the effects of sanctions on Iran’s economy and implications for US policy. The second research report, which is currently in progress, is focused on potential for China to take a more assertive role in non-proliferation diplomacy in the Middle East.
Why did we accept this project?
Ploughshares has been a committed donor supporting policy research and advocacy focused on non-proliferation diplomacy, including around nuclear diplomacy with Iran. These two research reports represented a valuable opportunity to help policymakers and policy experts find new frameworks to support non-proliferation and risk reduction efforts related to Iran.
Project Period: March 2021 – March 2022
Esfandyar Batmanghelidj, CEO of the Bourse & Bazaar Foundation, is supporting ECFR’s Iran work as a Visiting Fellow for a period of one year, contributing original research and supporting convenings.
Why did we accept this project?
ECFR’s research and advocacy has been instrumental to creating space for productive Europe-Iran diplomatic relations, particularly around the JCPOA. This project is an opportunity to enable better decionmaking by European policymakers at a critical time.
Project Periods: March - May 2022 and March - May 2023
The Fourth Freedom Forum has engaged the Bourse & Bazaar Foundation to support an ongoing project studying the use and possible reform of sanctions. The Bourse & Bazaar Foundation has developed a detailed case study on the humanitarian impacts of sanctions in Iran that will serve as an input to the Fourth Freedom Forum’s policy-oriented research.
Why did we accept this project?
The Bourse & Bazaar Foundation has made a significant contribution to the understanding of the humanitarian harms of sanctions in Iran. This project is an important opportunity to update that body of research and present the findings to academics and policymakers working on sanctions issues who may not have familiarity with the Iran case or its lessons.
Project Period: October 2020 – November 2021
Bourse & Bazaar Foundation staff are contributed to the SNIS funded project “When Money Cannot Buy Food or Medicine” which examines the humanitarian impact of sanctions in Iran, Venezuela, Syria, and North Korea.
Why did we accept this project?
This project is highly interdisciplinary in nature and offers an opportunity to examine the humanitarian harms of sanctions from multiple standpoints. The project’s focus on the ways in which diminished banking channels inhibit humanitarian trade is a key theme in the Bourse & Bazaar Foundation’s research on sanctions.
