Philanthropic Work of George Soros and Open Society Foundations

George Soros is a prominent businessman and philanthropist who donated $12 billion throughout his life to support various initiatives around the world. According to information on Open Society Foundations’ website, his donations targets organizations and individuals advocating for freedom of expression, governments that are accountable and transparent as well as justice and equality for all. George’s contributions target individuals or communities that are discriminated because of who they are. He has funded organizations that represent marginalized society like sex workers, drug addicts and LGBTI individuals. Know more about George Soros on Business Insider.

George Soros’ Early Life

George is a Hungarian by birth born in 1930, and he experienced intolerance firsthand during the Nazi occupation between 1944 and 1945. During this conflicts, over half a million Hungarian Jews were murdered. Being from a Jewish family too, they had to conceal their identity in order to survive the massacre. His family also helped others to secure false documents. Soros left Hungary and moved to the United Kingdom in 1947, where he worked during the day as a railway porter, and a waiter at a night-club, with the aim of earning income for his studies. Soros left for the United States in 1956 and entered the business world, specializing in the financial and investment industries.

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Open Society Foundations

After earning substantial amount of fund, George Soros founded the Open Society Foundations. This is a network of organizations that are spread all over the world in over 100 nations. The work and name of this foundation is a reflection of a book by Karl Popper, Open Society and Its Enemies, which George read while in London. Mr. Soros began his philanthropic work 1979, where he offered scholarships to black students from South Africa who were discriminated against during the apartheid rule. Later, Soros would expand his philanthropy to other parts of the world including the Asia, Africa and the United Sates.

George Soros has been supporting the creating of democratic, transparent and accountable societies. In fact, George Soros was very vocal against the war on drug, citing that it was even worse than the problems paused by drugs themselves. Soros has funded paralegals and attorneys providing legal assistance to individuals held illegally by authorities. Soros has funded independent groups like Global Witness, Institute for New Economic Thinking and others.

George Soros’ Hand in Ferguson Protests

Two years ago, The Washington Times reported about George Soros’ being the financier of the Ferguson protests. He has actively funded this movement over the years, with the aim of mobilizing other organizations across the United States. According to Open Society Foundations’ recent tax returns as reported on The Washington Times, Soros donated close to $33 million to fund already established organizations operating on the grassroots in Ferguson. Learn more about his profile at Forbes.com.