George Soros, who is a fund manager and a renowned democratic donor, has just transferred $18 billion to support the Open Society Foundation. His donation is now one of the highest to be done by a private person to an organization. George Soros made this donation several years back, but it was only disclosed a few weeks ago. This could be an indication that he has done quite more donations which are still kept under cover.
Transforming the Open Society Foundation
The amount which is reported to be $18 billion has just escalated the position held by the Open Foundation and is now considered one of the biggest philanthropic organizations based in the US. Amid the social and political debates, the donation is believed to place Mr. Soros before the critics who are always looking for things to point out. Learn more about George at The Atlantic.
Duties of Open Society
The Open Society was founded by Mr. Soros thirty years ago, with the aim of supporting democratic rights of the American Citizens. Through the years, Open Foundation has spread its wings and is now supporting the human rights not only in the US but at least 120 countries across the globe. However, in the past few years, the Organization has shifted its main attention toward the US. It tends to support the rights of gays and lesbians and protecting citizens from police brutalities.
In 2014, during the Ebola Outbreak in the US, the foundation funded centres which were used to treat the victims. The foundation also has shown a keen interest in protecting the members of the US community from what is best described as the national wave of hate incidents. For instance, when there was an escalation in the level of crime in the US, Mr. Soros donated an amount equivalent to $10 million to aid in preventing such crimes from happening. Mr. Soros made it clear that it is vital to push back against the high level of crime which had taken its toll in different parts of the US and he encouraged unity among the residents.
Mr. Soros’s political focus has always been to support democratic politicians. He even donated some funds to support Hillary Clinton’s Campaign in 2016. Soros Political focus has always done a great job in presenting him before the eyes of critics. At some point, due to his political stance, Soros has been accused by the Republicans of an intention to make Ireland a Pro-abortion nation alongside overlooking the European’s interest in controlling their bodies. Visit nytimes.com to know more about George.
Despite facing lots of criticism, George Soros has manifested goodwill for his nation by making huge donations to support important projects. The $18 million funds that he donated to the Open Foundation would eventually increase the potential of the organization to handle various matters affecting the country. Mr. George Soros has done many philanthropic works which have earned him great recognition in various parts of the globe. However, the critics will always try to point out mistakes so that they may gain personal advantages.