George Soros, the well known activist and philanthropist, has recently made the donation of his life. In fact, it is one of the largest donations ever made by an individual to a foundation. He donated eighteen billion dollars to the Open Society Foundations. This has brought the Open Society Foundations to the level of being the second largest charitable foundation in the country, behind only the Bill and Melinda Gates Foundation.
Open Society Foundations was started by George Soros over three decades ago. It focuses on fighting for civil rights human freedom. It fights discrimination against minorities and the LGBT community. It fights against abusive power by police. It fights hate crimes. Mr. Soros donated ten million dollars specifically to fight hate crimes after there was a rash of them last year. His foundation also donates money to treat the sick. For example, it donated money for treatment for those who suffered from the Ebola outbreak.
George Soros feels a special obligation to help out considering the things that are currently going on in the world and the current state of affairs in the United States government. However, George Soros has always been looking out for the poor and oppressed. He knows how they feel because of his own past and experiences.
George Soros was born in Hungary. He lived during the Nazi occupation of Hungary. He later lived through communism in Hungary. He went to London to study in 1947. He later delved into the financial world and became very successful on Wall Street. In 1992, he became even more successful when he waged a bet of one billion dollars against the British pound.
George Soros started Open Society Foundations in the 1980s to promote freedom and democracy. He took the name from a title of a book by Karl Popper which promoted the ideas of freedom and democracy. He supported Hillary Clinton in the last election and donated a lot of money to her.
George Soros has been donating eight hundred million to nine hundred million dollars a year to the Open Society Foundations for quite a while. However, he donated another eighteen billion dollars. This move was made as part of his estate planning. It is expected that he will donate another two billion dollars to the Open Society Foundations within the next two years.
The President of the Ford Foundation said that there is no other foundation in the world that has had a larger impact than the Open Society Foundations, including the Ford Foundation itself. He explained that Open Society Foundations has had such a large imprint in so many areas of social life around the world. They have done a great deal to promote rights and freedoms.
George Soros is always involved in the work that his foundation does. He is in constant communication with those who manage the foundation and is personally involved in their decisions. He did not bend to public political pressure of any kind from politicians and continues to do his good work. and more information click here