Soros is a name that carries a lot of controversy with it. While many view him as a generous philanthropist and an advocate for human rights and democracy, a number of right-wingers view Soros in a much more negative light, twisting every action he makes, no matter the intent, into some part of a global conspiracy to topple America and establish a new world order run by Muslim refugees and illegal immigrants.
The same could be said of his recently disclosed donations to his Open Society Foundations, which total $18 billion, with another $2 billion likely to be donated in the future. These donations put the Open Society Foundations into the position of the second biggest charity in the United States, behind only the Bill and Melinda Gates Foundation. Although the intended goal of these donations is furthering democracy and protecting human rights, enemies of Soros are quick to turn the massive contribution into a massive controversy.
Open Society Foundations Advocate for Democracy
Soros founded the first Open Society Foundation more than 30 years ago. Their goal is to further the ideals of democracy and promote human rights in more than 120 countries around the world. The recent focus of Open Society Foundation has been in the United States, where they’ve invested significant sums into reducing police abuse and protecting LGBT rights.
Soros and his foundations have been long-time targets of the right-wing due to his political views and his contributions toward the Democratic party. These recent donations have only served to further enrage those who oppose his point of view, and the outrage against his charitable donations is as strong as it is perplexing. There has even been controversy against him in Hungary, his home country, due to the prime minister’s disapproval of a university his foundations funded.
A Perspective on Soros and His Contributions
In order to understand why Soros is so dedicated to philanthropy, you have to take a look at his past. During his childhood, Soros lived in Hungary, which, at the time, was occupied by Nazi Germany. After the war ended, the USSR moved in, placing Budapest under communist rule. It was around this time that Soros fled to London, shortly before leaving for the US. Arriving in New York, Soros saw success on Wall Street, on a scale he’d previously never even dreamed of. It was during his time on Wall Street that he first became a figure of controversy, after he shorted the British Pound, and making his first billion.
Soros dedicated this fortune to creating the first Open Society Foundation, placing it in his home country of Hungary in order to protect human rights and champion democracy. Over time, this grew from a single organization in Hungary to a network of foundations around the globe, and now, the second largest charity in the US.
The Future of Open Society Foundations
Through contributions by Soros, the foundation has protected democracy and challenged people like Donald Trump. After the $18 billion in contributions were disclosed by Soros, Open Society announced that they had no current plans for the donations. They will not be increasing grant funding or expanding programs any more than they already are, however, there’s no doubt that the money will eventually go to good use.
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