Focusing on the flow of funding to human rights non-governmental organizations (NGOs), we begin in this article to broach one of the least studied issues pertaining to transnational regimes-namely, their material underpinnings. Through an analysis of the patterns of donor funding to human rights NGOs, we underscore the triangulation between states, donors, and rights NGOs, whereby states have an impact on donor preferences, which, in turn, influences the agenda of human rights NGOs and their modes of operation, and these, in their turn, help shape the kind of NGO criticism voiced against the state. By emphasizing the important and frequently missing link of donors, we thus complicate the discussion concerning the impact human rights networks have on state policies and practices, showing how rights NGOs simultaneously weaken and strengthen the state. Accordingly, our examination of the political economy of human rights adds a new dimension to the literature analyzing how the state both reconfigures and is reconfigured by transnational regimes.While most scholars acknowledge the existence of a robust human rights regime within the international arena, there is an ongoing debate about whether this regime has had a significant impact on state policies and practices. In this article, we claim that one of the issues missing from the debate is the political economy of human rights non-governmental organizations (NGOs), which are the major actors within the rights regime. We argue that in order to understand the potential rights NGOs have to alter state policies and to bring about social change, as well as some of the reasons why this potential is often foiled, it is crucial to consider the economic field within which the NGOs operate. By taking into account the impact of the economic field, we hope not only to broaden the discussion concerning the ability of the human rights regime to influence state policies and practices, but also to lay bare some of the more intricate ways through which the global and the state interact.The research examining the impact of human rights norms on state policies and practices (Brysk