Before going into details, it is important to note what NED is and is not. First of all, it has NOTHING to do with the democracy we are taught in civics classes, concerning one person-one vote, with everyone affected having a say in the decision, etc. (This is commonly known as "popular" or grassroots democracy.) The NED opposes this kind of democracy.
The NED promotes top-down, elite, constrained (or "polyarchal") democracy. This is the democracy where the elites get to decide the candidates or questions suitable to go before the people--and always limiting the choices to what the elites are comfortable with. Then, once the elites have made their decision, THEN the people are presented with the "choice" that the elites approve. And then NED prattles on with its nonsense about how it is "promoting democracy around the world."
The other thing to note about NED is that it is NOT independent as it claims, ad nauseum. It was created by the US Congress, signed into US law by President Ronald Reagan (that staunch defender of democracy), and it operates from funds provided annually by the US Government.
However, its Board of Directors is drawn from among the elites in the US Government's foreign policy making realm. Past Board members have included Henry Kissinger, Madeleine Albright, Zbigniew Brzezinski, Frank Carlucci, General Wesley K. Clark, and Paul Wolfowitz. Today's board can be found here. Most notable is Elliot Abrams of Reagan Administration fame.
In reality, NED is part of the US Empire's tools, and "independent" only in the sense that no elected presidential administration can directly alter its composition or activities, even if it wanted to. It's initial project director, Professor Allen Weinstein of Georgetown University, admitted in the Washington Post of September 22, 1991, that "a lot of what we do today was done covertly 25 years ago by the CIA."
In other words, according to Professor William Robinson in his 1996 book, Promoting Polyarchy, NED is a product of US Government foreign policy shift from "earlier strategies to contain social and political mobilization through a focus on control of the state and governmental apparatus" to a process of "democracy promotion," whereby "the United States and local elites thoroughly penetrate civil society, and from therein, assure control over popular mobilization and mass movements." What this means, as I note in my 2010 book, AFL-CIO's Secret War against Developing Country Workers: Solidarity or Sabotage?, "is that instead of waiting for a client government to be threatened by its people and then responding, US foreign policy shifted to intervening in the civil society of a country 'of interest' (as defined by US foreign policy goals) before popular mobilization could become significant, and by supporting certain groups and certain politicians, then channel any potential mobilization in the direction desired by the US Government."
Obviously, this also means that these "civil society" organizations can be used offensively as well, against any government the US opposes. NED funding, for example, was used in all of the "color revolutions" in Eastern Europe and, I expect, currently in the Ukraine as well as elsewhere.
How do they operate? They have four "institutes" through which they work: the International Republican Institute (currently headed by US Senator John McCain), the National Democratic Institute for International Affairs (currently headed by former US Secretary of State Madeleine Albright), the Center for International Private Enterprise (the international wing of the US Chamber of Commerce), and the American Center for International Labor Solidarity (ACILS), the foreign policy operation of the AFL-CIO, with Richard Trumka the head of its Board of Directors.
As I documented in my book, ACILS had been indirectly involved in the 2002 coup attempt in Venezuela by participating in meetings with leaders later involved in the coup beforehand, and then denying afterwards the involvement of the leaders of the right-wing labor organization (CTV) in the coup, leaders of an organization long affiliated with the AFL-CIO. We also know NED overall had been active in Venezuela since 1997.
The NED and its institutes continue to actively fund projects in Venezuela today. From the 2012 NED Annual Report (the latest available), we see they have provided $1,338,331 to organizations and projects in Venezuela that year alone: $120,125 for projects for "accountability"; $470,870 for "civic education"; $96,400 for "democratic ideas and values"; $105,000 for "freedom of information"; $92,265 for "human rights"; $216,063 for "political processes"; $34,962 for "rule of law"; $45,000 for "strengthening political institutions"; and $153,646 for Center for International Private Enterprise (CIPE).
Additionally, however, as found on the NED "Latin American and Caribbean" regional page, NED has granted $465,000 to ACILS to advance NED objectives of "freedom of association" in the region, with another $380,000 to take place in Venezuela and Colombia. This is in addition to another $645,000 to the International Republican Institute, and $750,000 to the National Democratic Institute for International Affairs.
The irony of these pious claims for "freedom of association," etc., is that Venezuela is has developed public participation to one of the highest levels in the world, and has one of the most free media in the world. Even with massive private TV media involvement in the 2002 coup, the government did not take away their right to broadcast afterward.
In other words, NED and its institutes are not active in Venezuela to help promote democracy, as they claim, but in fact, to act against popular democracy in an effort to restore the rule of the elite, top-down democracy. They want to take popular democracy away from those nasty Chavistas, and show who is boss in the US Empire. This author bets they fail.