George Soros just transferred $18 billion dollars to the Open Society Foundations. His contribution became one of the largest transfers made by a donor to a foundation. Soros’ contribution was just made public but the actual transfer was made over the past few years. The Open Society Foundations has become the second largest organization in America, behind the Bill and Melinda Gates Foundation.
George Soros’ started the Open Society Foundations more than 30 years and has been promoting open free societies as well as human rights in more than 120 countries. However the Open Society Foundations is now focusing its attention on the United States and has begun funding projects that protect those in the LGBTQ community as well as reducing police abuse. In response to the Ebola outbreak in 2014, they built treatment centers for those affected. They continue to protect people in America who are being attacked by a wave of hate incidents.
According to the Open Society Foundations website, George Soros has been politically driven his entire life. He has been a key contributor to Hillary Clinton’s 2016 campaign as well as other key Democratic politicians. According to the New York Times, Open Society Foundations vice president Patrick Gaspard said the organization gained a sense of urgency following the results of the 2016 election.
George Soros survived the Nazi occupation of Hungary and then later survived the Communist control of Budapest. He later escaped to London where he worked as a railway porter and then emigrated to the United States where he entered the world of finance. He became known as the “man who broke the Bank of England” after a $1 billion bet against the British pound in 1992. Soros continues to contribute millions to super PACs that fight back against the Trump agenda and supports other Democratic candidates and causes and learn more about George Soros.
George Soros has been funding his foundation through annual contributions of $800 to $900 million. He recently increased his donations to nearly $18 billion as part of his estate planning. According to his foundation’s website, the spend more than $900 million annually on programs and grants. George Soros will increase his contributions to another $2 billion over the next few years and more information click here.
George Soros and his Open Society Foundations has a major impact throughout the world including with the Roma people in Eastern Europe as well as the African-Americans in Cleveland, Ohio. His recent contribution represents a large chunk of George Soros’ estimated fortune of $23 billion and Follow him Twitter.com.
Other Reference: https://www.nytimes.com/2017/10/17/business/george-soros-open-society-foundations.html
The work of George Soros is often referred to by many political leaders and financial experts as being located in the work he completes as one of the world’s leading hedge fund managers and as a political donor towards the U.S.-based Democratic Party. What few people know of the work of George Soros is the fact he has become a major philanthropist through the work of the Open Society Foundations he created in the mid-1980s and took up its current form in 1993. Politico reports the donations made to political candidates from the Democratic Party totalled $27 million to the campaign of John Kerry in 2004 and a further $25 million for Presidential candidate Hillary Clinton in 2016; in contrast, it has been reported by The Washington Times Soros provided an annual level of funding of over $33 million annually to the civil rights groups attending the Ferguson protest movement of 2014. Follow George Soros on Twitter.
At the Ferguson protests, the influence of George Soros and the Open Society Foundations was easy to see as groups from across the U.S. came together in the wake of the shooting of African-American male Michael Brown by law enforcement officials. The protest movement began with local organizers mobilizing protesters from nearby areas of Missouri before the case became a cause celebre for national groups seeking to position the protests on the mainstream media; the $33 million in funding provided for groups supporting social justice reform by the Open Society Foundations allowed the protests to become some of the best-known in the world in the Summer and Fall of 2014. Soros backed groups have been key in the development of the publicizing of the protests and allowing copycat protests popping up across the U.S.
Read more: http://www.forbes.com/profile/george-soros/
The need to change the influences of the major political parties across the U.S. has become a major part of the work of George Soros and the Open Society Foundations, but also inspired the political advisors who work closely with the man who played a major part in the devaluation of the British Pound in 1992. The political environment of the world has caused concern for George Soros as he feels the world is being pushed to a position of uncertainty in terms of global security and financial crisis. Alongside reports George Soros felt Hillary Clinton was the best candidate available for maintaining the economic stability of the world he was also concerned about the volatile nature of President Donald Trump and his advisors; Soros not only provided a great deal of backing for Hillary Clinton but also continued his work as a leader in the civil rights movement of the U.S. in the 21st-century. Learn more on Biography about George.
A political action committee by the name of End Citizens United is currently blowing the doors off of Washington D.C. as they commit to raising money to end dark money financing in politics. End Citizens United is one of the most popular grassroots PACs that we have seen in recent years as they set their sights on the Citizens United case that went before the Supreme Court back in 2010. The Citizens United case argued for looser regulations on finances in politics, thus opening up the doors for the influx of lobbying and special interest groups trying to win influence through purchasing politicians with donors.
End Citizens United has seen a huge rise in their popularity from 2016 to 2017 thanks in large part to anger at the current elected President, Donald Trump. End Citizens United raised $25 million in 2016 as they fundraised to put politicians in place to put forth legislation that would seek to overturn the Citizens United decision. Through the first quarter of 2017 we have seen End Citizens United raise a stunning $4 million from every day Americans who are tired of seeing their country beholden by those with more money and influence. The $4 million figure is a great start but the End Citizens United PAC is aiming to raise more than $35 million by the time it is all said and done.
The goal of End Citizens United is to bring back a certain level of accountability in politics whereby politicians are actually beholden to the ideas of their constituents. So far of the $4 million raised the average donation was roughly $12. That $12 average donation is a far cry from the millions upon millions that special interest groups are personally donating in order to buy off their ideal politicians. The grassroots approach by End Citizens United is looking to pay huge dividends because not only does it raise money for the cause it also raises awareness.
In terms of awareness we have seen over 100,000 people donate personally to the campaign. Of that 100,000 almost half of them have personally donated time to campaign related events. Along these same lines Muller and her petition for legislation to overturn Citizens United has already reached 325,000 people. These numbers are more than just numbers — they are people who are going to be voting when the 2018 congressional races begin in the not so distant future.
End Citizens United is a noble goal but people know that it is going to be an uphill battle. In order to enact a constitutional amendment there needs to be a 2/3rds vote in both the Senate and the House. However, Muller and her team remain committed to making this a reality.