CorporaciónNuevo Arco Iris(New Rainbow Corporation) is a non-governmental organization

Non-governmental organization

A non-governmental organization is a legally constituted organization created by natural or legal persons that operates independently from any government. The term originated from the United Nations , and is normally used to refer to organizations that do not form part of the government and are...

 in Colombia

Colombia

Colombia, officially the Republic of Colombia , is a unitary constitutional republic comprising thirty-two departments. The country is located in northwestern South America, bordered to the east by Venezuela and Brazil; to the south by Ecuador and Peru; to the north by the Caribbean Sea; to the...

.

Overview

The Rainbow Corporation was created in 1994 as part of an agreement between the Colombian government and Corriente de Renovación Socialista. It supports the modernization

Modernization

In the social sciences, modernization or modernisation refers to a model of an evolutionary transition from a 'pre-modern' or 'traditional' to a 'modern' society. The teleology of modernization is described in social evolutionism theories, existing as a template that has been generally followed by...

 and democratization

Democratization

Democratization is the transition to a more democratic political regime. It may be the transition from an authoritarian regime to a full democracy, a transition from an authoritarian political system to a semi-democracy or transition from a semi-authoritarian political system to a democratic...

 of Colombia through peace and development of education, health, housing, employment and further economic initiatives.

Its President is León Valencia. Boardmembers include Antonio Sanguino, Rodrigo Osorno. Most members are former Marxist rebels, notably from the National Liberation Army

National Liberation Army

National Liberation Army is the name of several groups:* Albanian National Liberation Army, an Albanian resistance movement during World War II* Armée de Libération Nationale, a liberation movement in the Algerian War of Independence...

. Fifteen employees have been killed in recent years. The organization is protected by 40 bodyguards. It has 200 employees, 115 of whom are former rebels. It is funded by Spain

Spain

Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 the Netherlands

Netherlands

The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

, the European community, the United Nations Development Program, etc, with a budget of half a million dollars. U.S. Ambassador William Brownfield

William Brownfield

William R. Brownfield is the current Assistant Secretary of State for the Bureau of International Narcotics and Law Enforcement Affairs as of January 10, 2011. . He has previously served as U.S. Ambassador to Chile, Venezuela, and Colombia....

 has expressed moral support for the organization.

Its headquarters are in Bogota

Bogotá

Bogotá, Distrito Capital , from 1991 to 2000 called Santa Fé de Bogotá, is the capital, and largest city, of Colombia. It is also designated by the national constitution as the capital of the department of Cundinamarca, even though the city of Bogotá now comprises an independent Capital district...

, Colombia.